Search found 60 matches

by Samosa22
Mon Oct 12, 2020 6:55 pm
Forum: Personal Consumer Issues
Topic: 2FA: Is Google Voice really a good second form of Authentication?
Replies: 17
Views: 1408

2FA: Is Google Voice really a good second form of Authentication?

Inspired and motivated by some excellent posts on BH, I have started to adopt better online security practices such as using password manager (Bitwarden), 2FA, and using YubiKey wherever possible. Since many financial institutions don't allow YubiKey as a second form of authentication, I am still fo...
by Samosa22
Sat Sep 26, 2020 10:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7283

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

My recommendation to vastly improve your cybersecurity: Thanks again for your wonderful recommendations! I have now purchased two Yubikeys, enrolled my as well as DW's google account in advance protection program (using the same two yubikeys), and have removed our phone numbers as account recovery ...
by Samosa22
Fri Sep 25, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Things to know when buying Individual Foreign Stock on US Exchange
Replies: 27
Views: 1207

Re: Things to know when buying Individual Foreign Stock on US Exchange

Look to see if the brokerage charges a high commission to buy/sell the stock. I looked on Fidelity a few weeks ago out of interest to buy a Canadian stock. Commission was unusually high from what I remembered. Guess the zero commission cost thing that is widespread/standard now for US stocks and ET...
by Samosa22
Wed Sep 23, 2020 4:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20304
Views: 2775242

Re: U.S. stocks in free fall

Today was a bloodbath 2-3%? How so? Maybe a NKLA investor. Not the OP, but I did buy 100 shares of NKLA at ~$52.5/share. Still can't decide should I sell them and save whatever is left or just sit back to see my investment go to zero, with a chance that some day the share price may go back to my pu...
by Samosa22
Mon Sep 21, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange
Replies: 9
Views: 2291

Re: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange

Would this in any way affect our existing equity holdings, both ETF and MFs, or even individual stocks? If the answer is yes, is there any recommendation on how to avoid it's negative impact? TIA.
by Samosa22
Sun Sep 20, 2020 9:05 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1497

Re: No Dividends for S&P500 index fund in 401k?

Thanks everyone. Seems like all is good!!
by Samosa22
Sun Sep 20, 2020 8:22 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1497

Re: No Dividends for S&P500 index fund in 401k?

Did you own the fund before January 2020? That is, have you EVER received dividends? Possibilities: The fund does not pay dividends, but adjusts NAV or unit price to include the dividend like a CIT does. https://www.bogleheads.org/wiki/Collective_Investment_Trusts -or- The fund pays dividends once ...
by Samosa22
Sun Sep 20, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1497

Re: No Dividends for S&P500 index fund in 401k?

Is the S&P fund a true mutual fund with a ticker or a commingled trust? If the commingled then the dividends don’t show up as dividends and are just renovated into the trust if I remember correctly. Thanks for your reply! I was never able to find their ticker symbol, niether in the 2-page fund pros...
by Samosa22
Sun Sep 20, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1497

No Dividends for S&P500 index fund in 401k?

Dear Bogleheads, Earlier today in one of the posts on this forum I read that someone's regular contribution to their 401k went "missing". I think they said the contribution was finally credited to their 401k after a few months. Anyways, that comment prompted me to review my 401k to make sure everyth...
by Samosa22
Wed Sep 16, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13932

Re: Is this guy trying to scam me on a car I'm selling?

To keep things straight lets call the original scammer, scammer #1. Now I have scammer #2 as my conversation with him follows. Note that he is ok with cash now. His replies in italics. Thank you for the photos and information. I have a budget of $12,000 but I really like the car and am willing to g...
by Samosa22
Wed Sep 16, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13932

Re: Is this guy trying to scam me on a car I'm selling?

Potential Buyer# 1: I agree with the majority, its most likely a scam
Potential Buyer#2: Based on the posted exchange, I wouldn't call him a scammer straightway...but may be I'm a too simple.
by Samosa22
Mon Sep 14, 2020 8:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7283

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

My recommendation to vastly improve your cybersecurity: Thanks for your wonderful recommendations. Very helpful, especially to people like me who are still using SMS based 2FA...time to buy ubikeys. I consider accessing a financial institution via their app to be *more* secure than using their webs...
by Samosa22
Sat Sep 05, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Dip: Selling and buying
Replies: 18
Views: 2223

Re: Dip: Selling and buying

....wouldn't be better if the market is going down -10% -15% to sell at and buying even lower... Of course its better. I tried it myself in the Coronavirus sell off. My motivation was greed, not fear. I sold VTI (Vanguard Total US Market ETF) around $115 per share and promised myself to start buyin...
by Samosa22
Fri Sep 04, 2020 11:24 pm
Forum: Investing - Theory, News & General
Topic: P2P Lending (Reaching for Yields)
Replies: 35
Views: 2404

Re: P2P Lending (Reaching for Yields)

at wrote: Fri Sep 04, 2020 8:13 pm
Valuethinker wrote: Fri Sep 04, 2020 10:09 am I will say this. You are either in, or you are not. 10% at least in this type of investing or it will have de minimis effect on final portfolio value. That's broadly true of almost any asset class decision.
How I pick my allocation is non of your business.
That's the best way to get feedback.
by Samosa22
Sat Aug 22, 2020 8:48 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17235

Re: Advice to a Millennial about nest egg "Critical Mass"

bubbadog wrote: Sat Aug 22, 2020 8:03 pm Level 1 critical mass = your annual gains exceed your annual contributions

Level 2 critical mass = your annual gains exceed your annual gross income
Level 2 sounds like the time to retire, for me at least.
by Samosa22
Thu Aug 20, 2020 10:32 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17235

Re: Advice to a Millennial about nest egg "Critical Mass"

I, a recently retired Boomer teacher, recall advising a millennial science teacher colleague that he would need a nest egg of at least $1,000,000 to retire comfortably. He looked at me incredulously, and said something like, "OMG, how could I possibly ever attain that amount of money?" I explained ...
by Samosa22
Sun Aug 16, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 24458

Re: The 0.5% Rule (SWR)

willthrill81 wrote: Sun Aug 16, 2020 8:07 pm
I can't recall who said it last year, but the race has been on for a while among financial pundits to get to a 0% SWR.
Glad to know that my sarcastic comment upthread is already on the radar of financial pundits.
by Samosa22
Sun Aug 16, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Bridgewater's case for equal weighting across geographical regions: what do you think?
Replies: 58
Views: 2976

Re: Bridgewater's case for equal weighting across geographical regions: what do you think?

It appears to me Lauretta you might be willing to switch to a world ETF provided there were no tax consequences. If this is "roughly right" then what you are looking for is a tax advice, not a portfolio recommendation.
by Samosa22
Sat Aug 15, 2020 9:31 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 24458

Re: The 0.5% Rule (SWR)

0.5% is okey but still a bit risky. The Safest Withdrawal Rate is 0.00%.
by Samosa22
Tue Aug 11, 2020 10:09 pm
Forum: Investing - Theory, News & General
Topic: Rule of 72
Replies: 21
Views: 2681

Re: Rule of 72

sailaway wrote: Tue Aug 11, 2020 10:04 pm
Samosa22 wrote: Tue Aug 11, 2020 10:00 pm
Kenkat wrote: Mon Aug 10, 2020 9:12 am I am making 0.95% in an online savings account. Doing the math, it should double in 76 years or so. That’s different than forever.
It is indeed forever, for you, personally.
Actually, it is never, which isn't the same.
ok, but what about "never say never" :wink:
by Samosa22
Tue Aug 11, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: Rule of 72
Replies: 21
Views: 2681

Re: Rule of 72

Kenkat wrote: Mon Aug 10, 2020 9:12 am I am making 0.95% in an online savings account. Doing the math, it should double in 76 years or so. That’s different than forever.
It is indeed forever, for you, personally.
by Samosa22
Sat Apr 18, 2020 11:02 am
Forum: Personal Investments
Topic: After 401K and Traditional IRA max?
Replies: 11
Views: 781

Re: After 401K and Traditional IRA max?

HSAs potentially - lots of tax advantages, but a low limit and some hoops and state-specific regulations: https://www.bogleheads.org/wiki/Health_savings_account Also, Series I and Series EE federal savings bonds. I use these to effectively expand my tax-advantaged space. Advantages include: 1) Stat...
by Samosa22
Sat Apr 18, 2020 10:14 am
Forum: Personal Investments
Topic: Is it a good idea to dollar cost average $1,000,000 into stocks and bonds over the next 2 years?
Replies: 26
Views: 2225

Re: Is it a good idea to dollar cost average $1,000,000 into stocks and bonds over the next 2 years?

Assuming there is a written Investment Plan, which outlines a Stocks Target, whether Constant Ratio or Variable (valuation driven) Ratio, then this investor moves steadily towards that target at circa 10% of deviation from target per month. This helps to maintain psychological and system balance th...
by Samosa22
Thu Apr 16, 2020 6:44 pm
Forum: Personal Investments
Topic: The zillion dollar question: when will the market bottom out?
Replies: 104
Views: 8237

Re: The zillion dollar question: when will the market bottom out?

Honestly, I have lost interest in OP's original question, I am following the post just to read the back and forth between Jozxyqk, Silk and smitcat.
by Samosa22
Sun Apr 12, 2020 5:19 pm
Forum: Personal Investments
Topic: FOMO Help - $1M to invest after avoiding all of the downturn
Replies: 58
Views: 6147

Re: FOMO Help - $1M to invest after avoiding all of the downturn

I was started investing.when market started going down and continued investing as it.was going up..i dont.know will.happen..therefore I keep.investing. If I were u I would wait put in a little next week.and also wait for odd down days to go.in heavier.. it cant.just keep going up everday indefinate...
by Samosa22
Sun Apr 12, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: Does anybody have an IPS that says 'I will sell all equities when X happens'?
Replies: 92
Views: 4164

Re: Does anybody have an IPS that says 'I will sell all equities when X happens'?

livesoft wrote: Sun Apr 12, 2020 9:05 am I'm thinking of adding a line to my IPS, "I will sell 80% of equities when the one day gain is over 30%."
What if the one-day gain of 30% comes on the heels of 30-day cumulative loss of 50%?
by Samosa22
Thu Apr 09, 2020 6:49 pm
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 3172

Re: [Panicked and moved to cash. What to do next?]

Looks like yet another thread where a bomb is dropped and the Topic Author disappears. Four days later and not one peep. The good thing is simpleidiot is getting some help. Are they? Who knows if even the problem is real. I am! I would post a screen shot of my account but it looks like posting imag...
by Samosa22
Tue Apr 07, 2020 4:55 pm
Forum: Personal Investments
Topic: Probability of V shaped Rebound in Stocks
Replies: 82
Views: 7904

Re: Probability of V shaped Rebound in Stocks

I can share some. It's proprietary and the IP is not mine. Basically a six month moving average conditioned with macroeconomic data. But the very well known 200 day moving average will work also. Traded only on the last or first trading day of the month (your choice). See Investopedia for info on u...
by Samosa22
Thu Apr 02, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?
Replies: 30
Views: 2940

Re: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?

I mean he could contribute to a 2019 HSA or TIRA and amend, if he didn't do that already. Or recharacterize a 2019 Roth contribution to TIRA since he's probably under the income limit. If none of those work, then he should think about 2020 and whether this year's income could be lowered to capture ...
by Samosa22
Wed Apr 01, 2020 10:30 pm
Forum: Personal Investments
Topic: The ETF bubble
Replies: 8
Views: 1020

Re: The ETF bubble

I think he may have a point and that some of the posters in this thread agree with it even while saying his message is wrong. His message is wrong. One point he has is that small value companies get overlooked when a few active investors go crazy buying some company. Every passive investor follows ...
by Samosa22
Wed Apr 01, 2020 4:05 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

Thank everyone! Really appreciate your helpful suggestions!!
by Samosa22
Wed Apr 01, 2020 4:03 pm
Forum: Personal Investments
Topic: The ETF bubble
Replies: 8
Views: 1020

The ETF bubble

This 13-minute YouTube video has put real doubts in my mind about the utility of ETFs: https://www.youtube.com/watch?v=TTzXLIT__6U I have recently started learning about investing, ETF, IPS, etc so not in a position to critically evaluate the content of this video. I wonder what experts here think a...
by Samosa22
Tue Mar 31, 2020 9:19 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

Call your custodian and tell them you want to "re-characterize" your tIRA contribution to Roth IRA. Be sure you use the right word....re-characterize. It will be as if you put the money into Roth IRA in the first place. It's a "do-over". @retiredjg, got it, this seems to be an easy fix. Do I must r...
by Samosa22
Sun Mar 29, 2020 8:54 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

DSInvestor wrote: Sun Mar 29, 2020 8:35 pm
Samosa22 wrote: Sun Mar 29, 2020 8:29 pm Will these TIRA contributions also be deductible from State taxes? Thanks!
Yes for most states but there are exceptions like PA. There could be other states that do not offer the IRA deduction. What state applies for you?
NY and NJ
by Samosa22
Sun Mar 29, 2020 8:29 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

IRS page for MAGI income limits for Roth IRA for 2019 and 2020: https://www.irs.gov/retirement-plans/roth-iras For 2019 tax year, married filing jointly, full contribution to Roth IRA is permitted if MAGI is under 193K. MAGI for Roth IRA purposes is essentially your AGI minus Roth conversions. Chec...
by Samosa22
Sun Mar 29, 2020 8:22 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

..................................................... One more question; I have read that the IRA custodian reports contributions to IRS on form 5498. The question is, do I also need to report my yearly roth contributions to IRS? Thanks. You don't have to report your Roth contributions to IRS. Howe...
by Samosa22
Sun Mar 29, 2020 5:48 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

Call your custodian and tell them you want to "re-characterize" your tIRA contribution to Roth IRA. Be sure you use the right word....re-characterize. It will be as if you put the money into Roth IRA in the first place. It's a "do-over". @retiredjg, got it, this seems to be an easy fix. Do I must r...
by Samosa22
Sun Mar 29, 2020 4:45 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

Check to see if you're eligible for full Roth IRA contribution. If yes, recharacterize $1700 of your 2019 Traditional IRA contribution to a Roth IRA contribution. This allows you to keep the $300 pre-tax TIRA contribution. The recharacterization will make it as though you can contributed to Roth IR...
by Samosa22
Sun Mar 29, 2020 4:38 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Re: Double taxation on t-IRA contributions

Thanks everyone for your input! First, it looks like you possibly weren’t eligible to make the Roth contribution: I contributed to 401k + tIRA + rIRA because I thought one can contribute to Roth IRA even if one participates in employer-sponsored 401K pIan. Is it true? Here are my figures for tax yea...
by Samosa22
Sun Mar 29, 2020 2:36 pm
Forum: Personal Investments
Topic: Double taxation on t-IRA contributions
Replies: 22
Views: 1262

Double taxation on t-IRA contributions

In 2019 I opened my first traditional and Roth IRAs and contributed $2K to traditional and $4K to Roth. Today while preparing tax return I realized that due to income limit I can claim deduction only for $300 out of $2K contributions to traditional IRA. So, it appears I will be double taxed on the r...
by Samosa22
Sun Mar 29, 2020 12:49 pm
Forum: Personal Investments
Topic: Lump sum or DCA $30,000 in a volatile market?
Replies: 43
Views: 2706

Re: Lump sum or DCA $30,000 in a volatile market?

These forums are filled with a lot of useless comments - You can't time the market, Nobody knows nothing , The market already has everything priced in, etc etc. There needs to be more practical info. We are in a bear market, DCA is the way to go. The only reason to lump sum now would be that you th...
by Samosa22
Tue Mar 24, 2020 9:57 pm
Forum: Personal Investments
Topic: dead cat mouse
Replies: 56
Views: 5926

Re: dead cat mouse

I think volatility will remain for quite some time, maybe even throughout the year with the election coming up as well. We will see some large up days like today and we will see some extremely bad days as well. At the end of 2020, I expect the market to settle in somewhere between plus or minus 10 ...
by Samosa22
Mon Mar 23, 2020 5:54 pm
Forum: Personal Investments
Topic: Investing NOW?
Replies: 11
Views: 1385

Re: Investing NOW?

So the OP's actual question is; should they invest in the fund offered by their retirement account which guarantees 7% return or should they invest in an "on-sale" stocks/index funds that may or may not provide >7% returns? I am not an investment expert but if it were me I would invest fixed-income ...
by Samosa22
Sun Mar 22, 2020 8:22 pm
Forum: Personal Investments
Topic: Vanguard: Frequent Trading Policy Buys and Exchanges Restriction (Holding)
Replies: 9
Views: 541

Re: Vanguard: Frequent Trading Policy Buys and Exchanges Restriction (Holding)

livesoft wrote: Sun Mar 22, 2020 8:19 pm
Samosa22 wrote: Sun Mar 22, 2020 8:19 pm Related question: Does VG frequent trading policy also apply to their ETFs (e.g. VTI) too?
No, it does not.
Thanks, livesoft.
by Samosa22
Sun Mar 22, 2020 8:19 pm
Forum: Personal Investments
Topic: Vanguard: Frequent Trading Policy Buys and Exchanges Restriction (Holding)
Replies: 9
Views: 541

Re: Vanguard: Frequent Trading Policy Buys and Exchanges Restriction (Holding)

Related question: Does VG frequent trading policy also apply to their ETFs (e.g. VTI) too?
by Samosa22
Fri Mar 20, 2020 4:31 pm
Forum: Personal Investments
Topic: Lock loss or ride the wave with 15 years to go?
Replies: 62
Views: 4394

Re: Lock loss or ride the wave with 15 years to go?

I am quite new to this investing thing, stared a few months ago, so take my comment with a mountain of salt: Getting out of the market now hoping that it will tank further providing an opportunity to re-enter at a cheaper price is a speculation, not an investment. It appears to me, solely based on p...
by Samosa22
Thu Mar 19, 2020 7:22 pm
Forum: Personal Investments
Topic: When will S&P 500 go back to 3386 ?
Replies: 98
Views: 6477

Re: When will S&P 500 go back to 3386 ?

The more relevant question (in terms of hitting a mark) seems to be when will S&P cross 20K, or even 15K?
by Samosa22
Thu Mar 19, 2020 7:19 pm
Forum: Personal Investments
Topic: When will S&P 500 go back to 3386 ?
Replies: 98
Views: 6477

Re: When will S&P 500 go back to 3386 ?

Pikel wrote: Thu Mar 19, 2020 4:50 pm 10 year guess; annually
Earnings Growth = 3.5%
Dividend Yield = 2%
Speculative Yield = -2%

2404*(1+.035+.02-.02)^t = 3386

t = ln(3386/2404)/ln(1.035) = 10

April 2030

:(
A problem with your math; It assumes we have reached the bottom.
by Samosa22
Thu Mar 19, 2020 12:17 pm
Forum: Personal Investments
Topic: Best bet to protect Principal in 401K
Replies: 3
Views: 412

Re: Best way to protect my principal in 401K

At one time I had a 401K with a stable value fund guaranteed never to yield less than 3% after expenses. That sounds pretty good now. What are the parameters of your stable value fund? Thanks for your reply. The "Reliance Trst NY Life Anchor-Series I (25)" is categorized as "stable value" by the pl...