Search found 186 matches

by IngognitoUSA
Tue Jul 14, 2020 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10617

Re: Retiring from a career in tech

Spend time on blind or levels.fyi to figure out where to 'rest and vest'.
by IngognitoUSA
Thu Mar 05, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 905315

Re: What's Your Credit Card Rewards Strategy?

What is considered "incidental airline" charges for the BofA Premium Rewards card? Does that count purchased food (if you can call it that) on planes and wifi fees? Virtual Gift card at American Airlines triggers it. These days I am worried my GC and miles might become useless if airlines go bankru...
by IngognitoUSA
Mon Mar 02, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 306635

Re: Coronavirus and the market

Will there be a flurry of activities after this calms down. I imagine every Business in the World has to rethink a single source supplier in China and the competitive impact to the business. Supply Chains will be revisited worldwide, just in time supply will no longer be relevant, thus increasing wa...
by IngognitoUSA
Mon Mar 02, 2020 9:49 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 195774

Re: Bogleheads community discussion - Coronavirus

Media noise about the drama rather than facts is unfortunate. I would prefer to know the drug tests being conducted, the expected time frame, the vaccine results and why it takes so long to create vaccines. Maybe an educated public will support more money in science and vaccine. As for Y2K being an ...
by IngognitoUSA
Sat Feb 29, 2020 11:05 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 195774

Re: Bogleheads community discussion - Coronavirus

Ever since the scare of Y2K and the non event that followed, scientists have not been taken seriously.
From climate change, SARS, MERS, H1N1 to predictions of dire hurricanes to massive snowfall or widespread famine has been met with skepticism. Hope this event meets the same fate.
by IngognitoUSA
Sat Feb 29, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 306635

Re: Coronavirus and the market

Let’s take the opposite view of doom and gloom: What can go right for stock market 1. The virus fizzles out by early April. 2. Drug trials are promising in treating virus 3. Fed and government around the world take massive action with rate cuts and capital infusion 4. The spread of the virus is cont...
by IngognitoUSA
Sat Feb 29, 2020 4:56 pm
Forum: Investing - Theory, News & General
Topic: Discounting the cost of coronavirus
Replies: 29
Views: 1735

Re: Discounting the cost of coronavirus

Let’s take the opposite view of doom and gloom: What can go right for stock market 1. The virus fizzles out by early April. 2. Drug trials are promising in treating virus 3. Fed and government around the world take massive action with rate cuts and capital infusion 4. The spread of the virus is cont...
by IngognitoUSA
Mon Feb 24, 2020 10:13 pm
Forum: Personal Consumer Issues
Topic: Relocating back east / Fair Lawn, NJ / Are we crazy?
Replies: 104
Views: 6734

Re: Relocating back east / Fair Lawn, NJ / Are we crazy?

a_movable_life wrote:
Mon Feb 24, 2020 9:49 pm
IngognitoUSA wrote:
Mon Feb 24, 2020 7:35 pm

One of the best financial benefit now is zero inheritance tax. Hardly any northeast state has this benefit.
When did this change? I tired searching and it seems to still be in effect.
Sorry, Estate tax went to zero.
by IngognitoUSA
Mon Feb 24, 2020 7:35 pm
Forum: Personal Consumer Issues
Topic: Relocating back east / Fair Lawn, NJ / Are we crazy?
Replies: 104
Views: 6734

Re: Relocating back east / Fair Lawn, NJ / Are we crazy?

NJ is truly a wonderful place to live and have a family. Too many things to offer, and so you pay for it. Even after being so expensive and everyone is leaving, it is still very crowded , go figure. One of the best financial benefit now is zero inheritance tax. Hardly any northeast state has this be...
by IngognitoUSA
Sat Sep 07, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Hilton Honors points stolen
Replies: 20
Views: 3384

Re: Hilton Honors points stolen

Use AwardWallet to keep track of all points with expiration. $30 per year is worth it IMHO.
by IngognitoUSA
Sun Sep 01, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 59
Views: 5471

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

A little off topic, but do joint i bonds show up on both accounts. I don’t want to count them twice in my net worth calculations.
by IngognitoUSA
Sat Aug 31, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sponsoring an immigrant's sick family member [Updated]
Replies: 47
Views: 4792

Re: Co-sponsoring an immigrant's sick family member

This is a rock and a hard place. I agree very much that you should not commit yourself/your family to this giant financial liability. I would concentrate on finding other ways to help. I sometimes read news articles about hospitals voluntarily eating the cost of helping people from other countries ...
by IngognitoUSA
Sun Aug 25, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 10209

Re: The cost to talk to a doctor

As for liability, we as a Nation have waived most of your rights into Arbitration, Medical field is not immune. I'm not sure I understand what you mean. Example: You have the worst headache of your life. The doctor skyping you from India says take tylenol. Turns out you have an aneurysm which bleed...
by IngognitoUSA
Sun Aug 25, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 10209

Re: The cost to talk to a doctor

Overseas MD access is inevitable. Corporations are excellent at nudging you that way. The can say - overnight Doctors only overseas - your language, only overseas - lower copay, only overseas - certain speciality, only overseas - lower wait time, only overseas. And finally, if you have no insurance,...
by IngognitoUSA
Sun Aug 25, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 10209

Re: The cost to talk to a doctor

Just a matter of time before MDLIVE or some one else will use doctors overseas at a fraction the cost. What is stopping an app in India to provide medical consulting to anyone in the world. Doctors Without Borders indeed.
by IngognitoUSA
Mon Aug 12, 2019 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Received a $17,000 medical bill! Can we negotiate?
Replies: 91
Views: 10879

Re: Received a $17,000 medical bill! Can we negotiate?

Will be interested to know how this turns out.

I think balance billing is no longer allowed in NJ.

And the next over billing strategy has been air ambulance, would be good to know if anyone had recent experience.
by IngognitoUSA
Fri Aug 09, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: US and state income tax calculator
Replies: 9
Views: 2357

Re: US and state income tax calculator

paycheckcalculator.com
by IngognitoUSA
Wed Jul 24, 2019 5:36 am
Forum: Personal Finance (Not Investing)
Topic: Paying Off Mortgage Question
Replies: 77
Views: 7450

Re: Paying Off Mortgage Question

We bought our home when I was in late 20s and paid it off by mid 30s. Significant personal satisfaction, freedom to take financial and career risks, allowed us to invest in ventures we might have paused if we had a mortgage.
by IngognitoUSA
Wed Jul 10, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: Visiting Buffalo,NY / Niagara Falls area - things to see and do?
Replies: 46
Views: 3125

Re: Visiting Buffalo,NY / Niagara Falls area - things to see and do?

Highly recommend Niagara on the lake. Beautiful quaint town with wineries on the way. If you like cities, Toronto is still a hip and happening place with a lot of young energy. Check the firework schedule, it’s not everyday.
by IngognitoUSA
Wed Jul 03, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 23731

Re: Do you share your net worth with family members?

Net worth envy - untreatable condition called Networthtities.
by IngognitoUSA
Sat Jun 29, 2019 9:59 pm
Forum: Personal Investments
Topic: 8 figure net worth, still winging it, asset allocation advice?
Replies: 30
Views: 4093

Re: 8 figure net worth, still winging it, asset allocation advice?

Few people get chance to build big business. If I were you, I would see if the businesses can be something substantial. Multi millionaires are a dime a dozen, few people create mid to large companies, now that is a legacy.
by IngognitoUSA
Sat Jun 29, 2019 4:57 am
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 7167

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

Yes it is very surreal when your boss spends a lot of time explaining why I got a 3% raise rather than 4%, difference of $1-2k per year. Meanwhile I am thinking my $6-7 MM NW fluctuates $10-50k daily.
by IngognitoUSA
Thu Jun 27, 2019 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor Keeps Mildy Trespassing
Replies: 19
Views: 3118

Re: Neighbor Keeps Mildy Trespassing

I disagree with a lot of people here. Trying to be nice and communicate with this neighbor is asking for trouble. Stay civil, keep your distance, and pursue everything the help of township or a local lawyer. There are way too many people on legal medication or illegal substances that cannot be reaso...
by IngognitoUSA
Sun Jun 23, 2019 8:10 pm
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 108
Views: 13003

Re: Does anyone own gold?

Gold in the USA in useless at this time as investment. OTOH, citizens of Syria and Venezuela would have been wise to keep their investments in gold. The Syrian stock, currency and real estate are in bad shape.
by IngognitoUSA
Thu Jun 20, 2019 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Estate help - multi states involved
Replies: 21
Views: 1467

Re: Estate help - multi states involved

While it does not apply in this case, if the deceased were residents of NJ, Class A recipients will pay no taxes. This is important planning for NY residents, could have saved $1.6 million on a $10 million estate.
by IngognitoUSA
Thu Jun 13, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: Cartier bracelet
Replies: 42
Views: 4166

Re: Cartier bracelet

Use your network to find anyone that works there. You may be able to get an employee discounted price.
by IngognitoUSA
Thu Jun 13, 2019 6:43 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 12662

Re: Retired at 35 and have no friends :(

As they say: Don’t retire from something, retire to something. Contribute back to society with your time and expertise if you want low stress activity.
by IngognitoUSA
Wed Jun 12, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to preserve $10M+ in wealth owned by unsophisticated people?
Replies: 82
Views: 15834

Re: How to preserve $10M+ in wealth owned by unsophisticated people?

OP thank you for the thread. A lot of people here needed a wake up call, one of your heirs can be like op. What have you done to protect your hard earned money to last more than one generation.
by IngognitoUSA
Sun May 26, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Basement flooded, insurance not wanting pay
Replies: 13
Views: 2456

Re: Basement flooded, insurance not wanting pay

Installed a Backup power system that uses pressure of municipal water supply to run sump pump. No issues even after a multi day power failure. Highly recommend.
by IngognitoUSA
Sat May 25, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Value of Airlines Miles for Magazine Subscriptions
Replies: 8
Views: 857

Re: Value of Airlines Miles for Magazine Subscriptions

I use points when I can, they get devalued frequently. Just used bunch of avios miles at a .5 cent valuation for experiences. Found it too hard or expensive to use for AA or BA flights.
by IngognitoUSA
Fri May 24, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Is there a cheaper way to go to Long Island, NY?
Replies: 19
Views: 1046

Re: Is there a cheaper way to go to Long Island, NY?

If atleast 3 people in car, call EZ pass and signup for Carpool. Then use Cash lanes and tell them about carpool at all NJ to NY crosssings, will be cheaper. Don't take verrazano bridge back, it is one way toll and hefty.
by IngognitoUSA
Thu May 23, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 905315

Re: What's Your Credit Card Rewards Strategy?

Bank of America gives $500 for $3k spend Details please? https://www.bankofamerica.com/credit-cards/products/premium-rewards-credit-card/ Technically it's a $405 bonus (95 dollar annual fee) but you get the perks of the card which include $100 back on airline incidentals and other benefits. I'm wor...
by IngognitoUSA
Thu May 23, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 905315

Re: What's Your Credit Card Rewards Strategy?

Leesbro63 wrote:
Thu May 23, 2019 2:52 pm
IngognitoUSA wrote:
Thu May 23, 2019 12:46 pm
Bank of America gives $500 for $3k spend
Details please?
https://www.bankofamerica.com/credit-ca ... edit-card/
by IngognitoUSA
Thu May 23, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 905315

Re: What's Your Credit Card Rewards Strategy?

Bank of America gives $500 for $3k spend
by IngognitoUSA
Sun May 19, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 84
Views: 9459

Re: Churning Credit Cards

There is an active market for selling points for cash, but seller beware, some banks and airlines catch on and ban you for life.
by IngognitoUSA
Sat May 18, 2019 4:44 am
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 20714

Re: High net worth, elite private or “good” public

Private. They will get a lot more personalized attention.
by IngognitoUSA
Fri May 17, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6971

Re: Why do plumbers get paid so well?

High barriers to entry. You have to work under a licensed plumber for 5 years before you can be a licensed plumber. They only take their family and buddies for apprenticeship. Keeping it to themselves.
You need less training to write code for NASA.
by IngognitoUSA
Tue May 14, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6693

Re: I accidentally retired, and need tax advice

triggertreat wrote:
Tue May 14, 2019 6:38 pm
Go back to work? What do you mean accidentally retired?
I have heard of getting accidentally pregnant but not accidentally retired.
by IngognitoUSA
Mon May 06, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: Bathroom Remodel - Looking for Advice
Replies: 56
Views: 5079

Re: Bathroom Remodel - Looking for Advice

Put in lots of outlets.

Curious about the fan that blows hot air as mentioned earlier, would love to hear more about it.
by IngognitoUSA
Wed May 01, 2019 9:26 am
Forum: Personal Investments
Topic: Sitting on $1.5m cash - need help
Replies: 53
Views: 14937

Re: Sitting on $1.5m cash - need help

Was this asked already, what generates $1.5M income per year?
by IngognitoUSA
Sat Apr 27, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Roth IRA Planning for Spouse
Replies: 5
Views: 391

Re: Solo 401k Roth IRA Planning for Spouse

Thank you for your response.
by IngognitoUSA
Fri Apr 26, 2019 10:09 pm
Forum: Personal Investments
Topic: Sitting on $1.5m cash - need help
Replies: 53
Views: 14937

Re: Sitting on $1.5m cash - need help

Your property tax will be crazy in NJ. Be sure you want and need a $2m house. We almost bought one, glad we bailed.
by IngognitoUSA
Fri Apr 26, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Roth IRA Planning for Spouse
Replies: 5
Views: 391

Re: Solo 401k Roth IRA Planning for Spouse

Called Fidelity. Rep said, I can't have a Solo 401k with Profit Share if there are part time employees in the Corporation.
That sounds incorrect based on everything I have read about it, as long as p/t employees work less than 1000 hrs per year, solo 401k is ok.

Was the rep incorrect?
by IngognitoUSA
Fri Apr 26, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Roth IRA Planning for Spouse
Replies: 5
Views: 391

Solo 401k Roth IRA Planning for Spouse

Have a S Corporation with part time employees who do not qualify for Solo 401k due to Plan rules. Can I contribute to Spouse 401k if she worked part time and got compensation of $1000, so $250 profit share contribution to her 401k? I guess, does the part time clause in the 401k Plan document apply t...
by IngognitoUSA
Tue Apr 16, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 14916

Re: Job Offer Evaluation - FANG

Take it to Blind.
by IngognitoUSA
Tue Apr 02, 2019 9:43 am
Forum: Personal Investments
Topic: Too much company stock..what to do?
Replies: 13
Views: 775

Re: Too much company stock..what to do?

At least they give out dividends. I am sure this is WBA and you got it at 10% discount. It will climb back up to the 70s within 6 months, imho.