Search found 78 matches

by Suman
Sun Nov 12, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14742

Re: Why pay cash for a car?

Many car owners do not carry collision type coverage. Car finance companies usually require you to carry these additional coverages. One can avoid it by paying cash.
by Suman
Sat Oct 21, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Tax management for H1b person
Replies: 1
Views: 167

Tax management for H1b person

Hi, I am in US since 2007 on a H1b visa and will be on that for a foreseeable future. I am from India originally. Is there anything that I could do to get some tax benefits based on my non-immigrant visa status? Details- MFJ 35/31 No kids, expected income in 2017 400K, Physician on W2 employment, ma...
by Suman
Tue Oct 17, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 15
Views: 1150

Re: What to do with old 401K

My previous employer's 403b had better fund options than current employer. I left my old 403b with my previous employer. I didn't convert it to traditional IRA as I do backdoor Roth every year.
by Suman
Sat Oct 07, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 282250

Re: What are you up YTD? [Year To Date]

20% excluding transactions in 2017.
by Suman
Thu Oct 05, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4355

Re: How much worth house should one buy?

I make 400K and I am buying a 600K house max in a good school district. In my area, that will buy a good size house to serve our needs. Mortgage or any other kind of loans are a burden on one's shoulder and one will have to carry it everywhere.
by Suman
Wed Oct 04, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 4391

Re: So... What bond fund or bond-like instrument do you use?

FXSTX Fidelity total US bond market institutional from my old employer's 403b and 457b. I rebalance from target fund VITLX to FXSTX to keep my bond allocation at 20%. When no more tax advantaged space left in 403b, will buy BND in my backdoor Roth. When that's full, will switch to Vanguard intermedi...
by Suman
Sun Oct 01, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 7805

Re: What will happen if I refuse to pay a medical bill?

As a physician, I have only one financial goal- stop taking all insurance plans. Medicare, medicaid, private insurance whatever. I became a doctor to treat patients, not to deal with this crap.
by Suman
Tue Sep 26, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 10829

Re: Alternative to Google Finance?

I can track all my holdings in Vanguard, even if they are not housed there.
How do you handle different lots of same fund? When I add more shares to a fund, it just adds it up and gives the total number of shares. This way I can not see rate of return.
by Suman
Mon Sep 25, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: buy or rent and invest in a HCOL area
Replies: 10
Views: 894

Re: buy or rent and invest in a HCOL area

Not to mention that 82 is also significant for me.
by Suman
Mon Sep 25, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: buy or rent and invest in a HCOL area
Replies: 10
Views: 894

Re: buy or rent and invest in a HCOL area

Did I write this while asleep? Check your username and compare it to me. I am also 3 years out of residency, 35 years, making 350-400K, stay-at-home spouse and living in HCOL area. I am also grappling with the same issue especially that future of medical field is not so bright. I am leaning towards ...
by Suman
Mon Sep 18, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Short term disability insurance
Replies: 19
Views: 956

Re: Short term disability insurance

I self insure for STD. I have my own LTD "own occupation" after 90 days. Emergency fund should cover those 90 days if needed.
by Suman
Wed Sep 13, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4540

Re: How often do you put money in Vanguard

15th and 30th. Also, once in Jan first week for backdoor IRA.
by Suman
Tue Sep 12, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 19287

Re: Is it really Worth it to brown bag your lunch at work?

Beyond the cost savings, where from will I get a fresh cheese sandwich, 6 chapatis, onion paratha, 2 different vegetables dishes and chicken curry daily? Nothing like home cooked food.
by Suman
Tue Sep 12, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a car with a credit card
Replies: 8
Views: 1455

Re: Buying a car with a credit card

We paid $5k by my 2% cash back credit card for the last car we bought. Of course we paid the balance right away.
by Suman
Tue Sep 12, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 25107

Re: Iphone X is $1000

Never bought anything apple except a lot of stocks via my vanguard index funds. So I am happy.
by Suman
Sun Sep 03, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Dad as Investment Advisor for Kids
Replies: 51
Views: 4094

Re: Dad as Investment Advisor for Kids

After recently seeing posts like people trying to make money off their parents or in-laws, this post reaffirms my belief in goodness. Your best asset is your current family dynamics and hopefully it will remain so in the future.
by Suman
Sat Aug 26, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3313

Re: Vehicle Toubleshooting (multiple issues)

The garage overhead light recently went out so the garage is dark as well. The ladder, which could be used to fix the light, was borrowed by someone who hasn't returned it.
Seems like your starts and planets are not aligned properly at this time.
by Suman
Sat Aug 19, 2017 6:26 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 241
Views: 30801

Re: What is Bitcoin?

I don't own bitcoin.

Is TLH feasible with bitcoin?

Thanks.
by Suman
Sat Jul 29, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Phone number stolen
Replies: 41
Views: 3085

Re: Phone number stolen

This is real. Today I switched my DW phone number to a new phone. I needed a new sim card as new phone won't fit a nano sim. So I bought a sim for $1 from best buy and then called the prepaid cellular company to change her account to the new phone. Only question they asked- what is your new sim numb...
by Suman
Sat Jul 29, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Should emergency funds be included in AA?
Replies: 45
Views: 2891

Re: Should emergency funds be included in AA?

My total asset is not large enough. I am in early accumulation phase. In case of a sharp market crash, I might not have enough EF. Therefore, I keep it separate.

Thank you.
by Suman
Thu Jul 13, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Working in New York City and living in NJ: Taxes
Replies: 26
Views: 2440

Re: Working in New York City and living in NJ

You will not pay New York city tax. You will pay New York state tax for the income generated in NYS.
by Suman
Fri Jun 30, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: How smart is the market?
Replies: 12
Views: 831

Re: How smart is the market?

Smarter than me for sure. Therefore, I like to keep market as my friend and not try to outsmart it by investing only in passive index funds.
by Suman
Sun Jun 04, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 10140

Re: Everything keeps going up, this feels too easy?

All, and I mean all, of my friends and co-workers are either scared of any stock market investing or always trying to pick the next best stock. I am not so sure that passive index investors make any significant portion of the markets. Also, my advice to them about bogglehead approach has resulted in...
by Suman
Sat May 20, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3878

Re: Nothing else to do investment wise!

Yes. Need more information on this.
by Suman
Thu May 18, 2017 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3878

Re: Nothing else to do investment wise!

Thanks everyone for their response. My job keeps me busy. Its just that I found personal finance and investment so exciting that now I feel bored. I guess have to stop thinking about portfolio and focus on day to day life.
by Suman
Wed May 17, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3878

Nothing else to do investment wise!

Now that we are finally invested in bogglehead style with a three fund portfolio and everything on auto investing, I feel like I need to do something about my portfolio. I understand that tinkering with a set allocation and IPS is dangerous so I always retreat. What else you do in a situation like t...
by Suman
Sat May 13, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: Good 4 inch android phone
Replies: 7
Views: 903

Re: Good 4 inch android phone

I am currently using 5.5 inch screen. I would prefer a smaller size to fit in and use by one hand. Employer will reimburse the cost so that's not an issue. Always used android and won't be easy to switch to iphone. LTE, expandable storage, unlocked will be plus. Camera is not a prime concern.
by Suman
Sat May 13, 2017 3:15 pm
Forum: Personal Consumer Issues
Topic: Good 4 inch android phone
Replies: 7
Views: 903

Good 4 inch android phone

Hello everyone,
Is there a good android 4 inch smartphone that you would recommend?
Thanks.
by Suman
Tue May 02, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO umbrella policy
Replies: 6
Views: 1380

Re: GEICO umbrella policy

Thank you everyone. It appears that I really don't need UM/UIM additional coverage with umbrella.
by Suman
Tue May 02, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: GEICO umbrella policy
Replies: 6
Views: 1380

Re: GEICO umbrella policy

Who pays for passengers in my car if it gets hit by UM/UIM?
by Suman
Mon May 01, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO umbrella policy
Replies: 6
Views: 1380

GEICO umbrella policy

I have my auto policy with GEICO with maximum liability/ UM/UIM coverage. Now I am intrested in getting a $3 mil. umbrella policy with GEICO. Quote is $577 a year. However, they don't offer uninsured or underinsured driver coverage within umbrella. Is it a common practice? Where else I can go for an...
by Suman
Sun Apr 23, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: New employment- Help with 401K fund selection
Replies: 5
Views: 648

Re: New employment- Help with 401K fund selection

Great. I selected S&P 500 index fund for now. Thanks for your replies.
by Suman
Sat Apr 22, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: New employment- Help with 401K fund selection
Replies: 5
Views: 648

Re: New employment- Help with 401K fund selection

Just edited the post.

Thanks.
by Suman
Fri Apr 21, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: New employment- Help with 401K fund selection
Replies: 5
Views: 648

New employment- Help with 401K fund selection

Hi, I will appreciate all suggestions. I recently switched to a new employment and now have to select 401K options. Principal is the 401K managing company. These are the best available funds in the plan: Age 35 Marginal tax rate 33% NJ State tax rate 6.5% I have 80:20 allocation. All bond allocation...
by Suman
Sun Apr 09, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Helping parents/grandparents while raising kids
Replies: 47
Views: 4756

Re: Helping parents/grandparents while raising kids

Same here. From my very first paycheck until now, I send some amount to my parents and in-laws. As they get older, our support increases and at a certain point, we will be fully responsible for them.
by Suman
Fri Mar 31, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Unemployed for 2-3 days- potential benefits
Replies: 24
Views: 2461

Re: Unemployed for 2-3 days- potential benefits

We had a discussion about options for 403 and 457 in a previous thread. For now, I am keeping them with my soon to be past employer as their plans were really good. And thanks everyone about reminding me about cobra policy. Just enquired from the employer. It is available for 18 months and can be do...
by Suman
Thu Mar 30, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployed for 2-3 days- potential benefits
Replies: 24
Views: 2461

Re: Unemployed for 2-3 days- potential benefits

Thanks for your replies. It is a planned move. There will be a gap of 2-3 days between the last day at current job and joining the next one.
Was just wondering if there any benefits to time any financial transactions during this gap?
by Suman
Wed Mar 29, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployed for 2-3 days- potential benefits
Replies: 24
Views: 2461

Unemployed for 2-3 days- potential benefits

Hi,

I will be switching to a new employment soon and will probably be officially unemployed for 2-3 days during the switch period. Can I utilize this for any tax or financial planning related benefits?

Thank you.
by Suman
Mon Mar 27, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4243

Re: Why are international and US stocks down today?

One can do three things in the stock market: 1. Try to understand it's fundamentals and behave accordingly. Sadly, there are none and even if there are some, average Joe like us are not privy to that. 2. Get superfast trading platform and stay on top of it 24Ă—7 and benefit from the fluctuations. 3. ...
by Suman
Sun Mar 19, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1490

Re: Personal finance planning

Everything I am doing is based on my learnings on this amazing forum. I did come here via whitecoatinvestor. Already fended off one sales pitch for whole life policy. Have never met a financial advisor. My only regret- did not start financial planning until age 34.
by Suman
Sun Mar 19, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1490

Re: Personal finance planning

Yes. 75K minus extra mortgage+property tax expenses will be added to retirement savings once we purchase the house. Any additional income will also go towards retirement. Is there anything else we can do to save more? Are our current expenses too high? There are no additional debts or major expenses...
by Suman
Sun Mar 19, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1490

Re: Personal finance planning

Thanks for your replies. Is it $150k in today's dollars or tomorrow's? Not sure. I think during retirement. I used bankrate retirement calculator with inflation of 3%. First off, I'd move to GA...Then, I'd be sure to have 20% down. Family, friends, career wise- have to be in NY/NJ area. Retirement c...
by Suman
Sun Mar 19, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1490

Personal finance planning

Hi, Will appreciate everyone's advice about our financial plan: 35M/31F No kids- planning to have kids soon Annual income: $300K- might go up to $400K in a year or two, physician, have calculated all based on 300K base with no future increase in income Marginal tax rate: 33% federal, 6.5% state (exp...
by Suman
Sat Mar 04, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation, major non essential expenses
Replies: 13
Views: 1858

Re: Vacation, major non essential expenses

Thanks for your replies. Except house, we don't have anything planned for above 10k. If that 10k drops to 6k, vacation plan will change accordingly. May be Bahamas instead of Greece.
by Suman
Wed Mar 01, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation, major non essential expenses
Replies: 13
Views: 1858

Re: Vacation, major non essential expenses

Bligh. That is what I wanted to do all along. I think now I have an answer.
by Suman
Wed Mar 01, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation, major non essential expenses
Replies: 13
Views: 1858

Re: Vacation, major non essential expenses

I do like the idea of capital one 360. On a side note- as these are non-essential expenses, why not to invest in 100% high growth index fund? There is a higher risk and if it tanks, so be it- can always cancel the vacation plan.
by Suman
Wed Mar 01, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Vacation, major non essential expenses
Replies: 13
Views: 1858

Re: Vacation, major non essential expenses

If you have funds left over, you might consider retirement investment in taxable accounts


Yes. That is what we are doing. Anything left over after essential expenses goes to taxable brokerage account.
by Suman
Tue Feb 28, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation, major non essential expenses
Replies: 13
Views: 1858

Vacation, major non essential expenses

I am confused about this. After our household expenses, and savings for major expenses such as house, we invest rest using 3 fund portfolio towards retirement planning. We do max out all retirement accounts such as 403, 457 and backdoor roth. Where should we keep funds for future non-essential expen...