Search found 80 matches

by patelbhavesh
Mon Sep 30, 2019 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying CDs at Vanguard vs Online Banks
Replies: 25
Views: 4816

Re: Buying CDs at Vanguard vs Online Banks

Any thoughts on vanguard ultra short bond fund instead of buying CD's.
https://investor.vanguard.com/mutual-fu ... file/VUBFX
I understand the duration is fixed unlike various brokered CD's.
But dividends competitive ?
by patelbhavesh
Wed Apr 24, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard have a cash management account?
Replies: 7
Views: 1349

Re: Does Vanguard have a cash management account?

Couple of notes I can jot down based on various threads on this forum 1>VBS is not a bank hence CMA might not be best 2>Vanguard Advantage Account was CMA but recently closed 3>With VBS there is no Debit card or Bill payments 4>You can direct deposit your paycheck(or any other DD) in VBS earning you...
by patelbhavesh
Sat Mar 09, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Will and trust....software or attorney?
Replies: 41
Views: 3380

Re: Will and trust....software or attorney?

"The attorney should also include obtaining an EIN/TIN from the IRS for the trust." This is optional not compulsory and most people with simple trusts can get away by having the joint account of the trust account as one of the spouses SSN and it becomes a pass-through. If for any reason[high net wor...
by patelbhavesh
Sat Mar 09, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Will and trust....software or attorney?
Replies: 41
Views: 3380

Re: Will and trust....software or attorney?

"Thanks. The quote I got ranges from $1800 to $2500. Regarding the trust, do you have to "move" your assets into them? And if so, does your attorney do that for the $1500 fee you mentioned?" Depending on your location it is very unlikely they will do this for you unless you had an explicit agreement...
by patelbhavesh
Sat Mar 09, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: kiddie tax pub929[2018] still not available from IRS
Replies: 3
Views: 204

Re: kiddie tax pub929[2018] still not available from IRS

"I'm curious as to why you are choosing not to file a separate return for your child."
$50 in qualified dividends :-). But yes I was exploring this option as i did not want to await IRS pub.Any downside of filing his returns for this small amount ?
by patelbhavesh
Sat Mar 09, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 17660

Re: What are your personal experiences with downside of early retirement?

My parents/in-laws retired when they were 50[not in US though]. A few hours per day they socialize in parks.But the remaining time is spend on tv or internet. The world has started rethinking about the concept of retirement.And some European countries are experimenting with gradual retirements versu...
by patelbhavesh
Sat Mar 09, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Will and trust....software or attorney?
Replies: 41
Views: 3380

Re: Will and trust....software or attorney?

If your company has "legal assistance plans " like ARAG , then for about $240 you get access to an attorney to make a will + trust + guardianship + healtcare directives all done.In the last couple of years , pretty much all legal assistance plans have offered this service as part of basic coverage.N...
by patelbhavesh
Sat Mar 09, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: kiddie tax pub929[2018] still not available from IRS
Replies: 3
Views: 204

kiddie tax pub929[2018] still not available from IRS

Does anyone know how to handle the situation where the pub929 by IRS is still wip for 2018 . https://www.irs.gov/pub/irs-pdf/p929.pdf As a workaround is the recommendation to file kiddie tax separately rather then waiting for the pub ? In taxact.com I fill form 8814 but it is not rolling up to 1040 ...
by patelbhavesh
Thu Jan 10, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 103
Views: 14410

Re: Fell in Love with Fidelity

BoglePaul wrote:
Wed Jan 09, 2019 9:20 am
When I was young the old timers told me to go with Vanguard, however scored by Vanguard's tiered fee levels, I did business with Fidelity. Now that I am older I do business with Vanguard. I wish I had started with Vanguard.
+1
by patelbhavesh
Thu Dec 13, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Setting Up Accounts For Minors
Replies: 20
Views: 1165

Re: Setting Up Accounts For Minors

I have done the following for my son 1>Setup an UTMA account at Vanguard.He can trade stocks/bonds/MF. 2>He gets his own login, he gets his own Debit card under his name, he gets a check book as well 3>It shows up in my vanguard account.I also get a Debit card Another thing I have done is to setup h...
by patelbhavesh
Fri Jan 19, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Savings Circle Tanda by Yahoo Finance
Replies: 0
Views: 352

Savings Circle Tanda by Yahoo Finance

https://play.google.com/store/apps/details?id=com.yahoo.tanda&hl=en Introducing Tanda by Yahoo Finance, the new app that helps you save for the things you want with the help of a trusted community. Tanda members join a savings circle of five (or nine) people. Each circle member contributes a set am...
by patelbhavesh
Thu Aug 03, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Any website to get paid carpooling?
Replies: 12
Views: 1431

Re: Any website to get paid carpooling?

http://www.waze.com/carpool launched in entire california
takescoop.com .Currently san mateo county is subsidizing $2 per ride.
by patelbhavesh
Sun Mar 06, 2016 8:28 am
Forum: Personal Investments
Topic: Emulating HYSA in any vanguard funds
Replies: 2
Views: 660

Emulating HYSA in any vanguard funds

Currently the yield on HYSA is close to 1 percent and I wanted to know if there are any equivalent mutual funds at vanguard to emulate similar behavior. Now I understand that MF will not be FDIC secured.But atleast anything which will give the same yield with same liquidity flexiblity ? I checked va...
by patelbhavesh
Sun Mar 06, 2016 8:25 am
Forum: Personal Investments
Topic: Since inception in vanguard.com how long does it go ?
Replies: 4
Views: 644

Since inception in vanguard.com how long does it go ?

I wanted to know how long does "since inception" related to my personal account detail go? So does it work if I had created the account 20 years ago , will it keep all the details and calculate the cagr correctly or is it just last 7 years ? The reason I wanted to know this is so that i can backup t...
by patelbhavesh
Wed Jan 27, 2016 9:22 pm
Forum: Personal Consumer Issues
Topic: Software to combine multiple video or audio files
Replies: 16
Views: 1485

Re: Software to combine multiple video or audio files

on linux I have used https://kdenlive.org/ and audacity successfully to do exactly what you are trying to accomplish.
I see kdenlive is supported on linux and mac and audacity on linux/windows/mac.
by patelbhavesh
Mon Nov 09, 2015 12:28 pm
Forum: Personal Consumer Issues
Topic: GPS App, Android (no data plan)
Replies: 34
Views: 2238

Re: GPS App, Android (no data plan)

try the free / open source app https://play.google.com/store/apps/details?id=net.osmand which uses http://openstreetmap.org/ data gives fine grain controlled of downloads up to state level in USA and can happily store maps on SD card.Depending on the country which you intend to use , the data can be...
by patelbhavesh
Sun Jun 21, 2015 8:50 pm
Forum: Personal Consumer Issues
Topic: Schools in South Bay Area?
Replies: 10
Views: 2318

Re: Schools in South Bay Area?

welcome to bayarea.Where the billionaires push out the millionaires as mentioned by one other poster above. You might want to explore public charter schools http://www.sccoe.org/supoffice/innovative-schools/Pages/Charter-Schools.aspx Another resource you can leverage for your search http://greatscho...
by patelbhavesh
Sun May 17, 2015 9:44 pm
Forum: Personal Consumer Issues
Topic: Best Chromebook 2015
Replies: 61
Views: 10295

Re: Best Chromebook 2015

One thing I would highly recommend before buying a chromebook is to play with the touchpad as the low end models have really bad touchpad/trackpad and can actually hurt your hand.
by patelbhavesh
Tue Mar 03, 2015 8:55 pm
Forum: Personal Consumer Issues
Topic: Has anyone used Costco car buying service?
Replies: 50
Views: 154907

Re: Has anyone used Costco car buying service?

I have documented in details my costco car buying experience
Here is my blog post http://bhavesh.freeshell.org/blog/personal/876900.html with all the gory details.
Overall I was satisfied with their service.If you are like me who do not like to negotiate with car salesmen then costco works wonders.
by patelbhavesh
Sat Nov 29, 2014 3:00 pm
Forum: Investing - Theory, News & General
Topic: Theory on eligibility to upgrade to Vanguard Brokerage accou
Replies: 12
Views: 2952

Theory on eligibility to upgrade to Vanguard Brokerage accou

For the longest time my account showed that it was ineligible for the https://investor.vanguard.com/info/account-upgrade Account upgrade. but due to my annual reshuffling of things in my account , I disabled Automatic exchange in Vanguard.Voila in a few days my account was ready to be upgraded. Ther...
by patelbhavesh
Sat Nov 15, 2014 10:47 pm
Forum: Personal Investments
Topic: Question re: transferring Fidelity IRA to Vanguard!
Replies: 10
Views: 1652

Re: Question re: transferring Fidelity IRA to Vanguard!

I transferred my IRA from Fido to Vanguard.they were going to charge me $50 but I told them thta I still have other accounts with them and requested if that fee could be waived.they waived it for me and my wife IRA.
by patelbhavesh
Tue Nov 11, 2014 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What if I Never Buy a House?
Replies: 109
Views: 16990

Re: What if I Never Buy a House?

I have been a renter for good part of last decade in high COLA ,SF bay area and so far have been happy with my choice financially as we are in place where the rent is pretty cheap but good/safe/desirable location. I continue to live the boglehead style of lifestyle of LBYM and overall Happy about it...
by patelbhavesh
Fri Nov 07, 2014 10:30 am
Forum: Personal Consumer Issues
Topic: What have you done to cut costs this year?
Replies: 134
Views: 18534

Re: What have you done to cut costs this year?

Started a new Vanpoolhttps://en.wikipedia.org/wiki/Vanpool by becoming a Vanpool coordinator for commute from my home city to office

Vanpool helped not only myself but co-workers to reduce their personal car usage significantly for daily commute to work
by patelbhavesh
Tue Oct 07, 2014 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Which Employer Health Insurance To Go With? PPO/HSA
Replies: 23
Views: 3836

Re: Which Employer Health Insurance To Go With? PPO/HSA

I might be totally off the mark here. Are you eligible to change your plan midway through the year due to a "life changing event" such as pregnancy/birth? If that is possible, then you can change the plan only when such an event occurs. I can change it for a few reasons 3) Yes, birth is a life chan...
by patelbhavesh
Mon Jan 20, 2014 9:20 pm
Forum: Personal Consumer Issues
Topic: Is there a low cost cell phone plan, limited minutes?
Replies: 66
Views: 7014

Re: Is there a low cost cell phone plan, limited minutes?

Someone already mentioned about lycamobile(uses T-mobiles network). I have been using this for quite sometime as with lycamobile there is no contract. And if you dont want to pay any monthly charges you just pay as you go.I use their pay as you go plan for 2c a minute.No monthly charges. you bring y...
by patelbhavesh
Mon Jan 20, 2014 9:09 pm
Forum: Personal Investments
Topic: Where to put emergency funds?
Replies: 29
Views: 2817

Re: Where to put emergency funds?

Please check out the wiki(http://www.bogleheads.org/wiki/Emergency_fund) to see if it helps answer your questions.
by patelbhavesh
Wed Jan 15, 2014 1:14 am
Forum: Personal Consumer Issues
Topic: Bay area Public vs Private School
Replies: 67
Views: 29295

Re: Bay area Public vs Private School

One other point to consider if you are going into Private school is that , for High school there are virtually no private schools(unless you can affrod Harker at approx $36k per year). I thought there are more like St.Francis, Bellarmine kind of catholic high schools as well. That might be OK, alth...
by patelbhavesh
Tue Jan 14, 2014 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Best offers for Checking / Savings Accounts
Replies: 11
Views: 2249

Re: Best offers for Checking / Savings Accounts

I had asked a similar question a few days ago http://www.bogleheads.org/forum/viewtop ... 1&t=130295 and fellow member "goodenoughinvestor" pointed me to a gr8 site depositaccounts.com and I used CIT(not citibank) for 0.90% APR for high yield savings account with deposits more then $25k.
by patelbhavesh
Tue Jan 14, 2014 2:08 pm
Forum: Personal Consumer Issues
Topic: Bay area Public vs Private School
Replies: 67
Views: 29295

Re: Bay area Public vs Private School

One other point to consider if you are going into Private school is that , for High school there are virtually no private schools(unless you can affrod Harker at approx $36k per year). I know it is a bit of an exaggeration but the odds of getting into any private school are very low(due to quotas, e...
by patelbhavesh
Thu Jan 09, 2014 3:02 pm
Forum: Personal Investments
Topic: Moving House downpayment from VMM to AMEX HYSA ??
Replies: 3
Views: 597

Moving House downpayment from VMM to AMEX HYSA ??

Till now I had been saving up my house downpayment in Vanguard money market mutual fund.Buying a house in next 6 months. I saw that Ally bank has a 11 month CD with no early withdrawal penalty going at 0.87% and Amex High Yield savings account at 0.85%. Im leaning towards going with Amex High Yield ...
by patelbhavesh
Tue Jan 07, 2014 5:57 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle: We Need to Fix the Bond Index
Replies: 89
Views: 12427

Re: Jack Bogle: We Need to Fix the Bond Index

Any suggestion on how much % of portfolio to allocate to VICSX ?? or any other fund to align with what Mr.Bogle is suggesting ?
by patelbhavesh
Sat Jan 04, 2014 11:04 am
Forum: Personal Investments
Topic: Way to fetch SEC yields from Vanguard (for spreadsheet)?
Replies: 3
Views: 597

Re: Way to fetch SEC yields from Vanguard (for spreadsheet)?

Vanguard is slowest as far as technology adoption is concerned as they are very clear that their primary goal is to keep the costs low. So I doubt you will be able to get data from Vanguard in a programmatic way anytime soon.The only thing you might be able to do is screen scraping from Vanguards si...
by patelbhavesh
Thu Jan 02, 2014 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: [Tax Advantaged] Private School Funding [Options]
Replies: 26
Views: 5904

Re: Private School Funding

For completeness sake of this thread I am including IRS information on dependent care credit http://www.irs.gov/uac/Ten-Things-to-Know-About-the-Child-and-Dependent-Care-Credit For most high income you might not be eligible for it. But what you can do is if your private school provides after care yo...
by patelbhavesh
Thu Jan 02, 2014 1:21 am
Forum: Personal Investments
Topic: Status of conversion of after tax 401k to roth IRA
Replies: 23
Views: 5630

Status of conversion of after tax 401k to roth IRA

I have gone thru the following sites and threads(some old) http://www.bogleheads.org/wiki/After-tax_401%28k%29 http://www.bogleheads.org/forum/viewtopic.php?f=1&t=82767 http://www.bogleheads.org/forum/viewtopic.php?t=71207 http://www.kitces.com/blog/splitting-after-tax-401k-distributions-for-roth-co...
by patelbhavesh
Thu Dec 26, 2013 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: overcontributed to HSA
Replies: 28
Views: 6187

Re: overcontributed to HSA

what I did is that I did not prorate it as I had not invested any money from my HSA. Apart from that for smaller amounts(I had $350 as over contribution) I would not worry too much especially if you are withdrawing in the same year you put the money.My rationale if I get audited(unlikely as this mig...
by patelbhavesh
Thu Dec 26, 2013 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: overcontributed to HSA
Replies: 28
Views: 6187

Re: overcontributed to HSA

I was in a similar situation this year.each bank has a excess withdrawal form which you can submit.In fact i submitted mines just yesterday.They do not have online access for this.So you will have to fax/mail the form. Usually banks charge between $15 to $25 for mailing you a check of excess for HSA...
by patelbhavesh
Thu Dec 12, 2013 9:55 pm
Forum: Personal Consumer Issues
Topic: Traveling Wifi ?
Replies: 31
Views: 3500

Re: Traveling Wifi ?

Also i have used boingo before , it is good on airports and around mcdonalds as I think they have a deal with At&T to use their hotspots. Also if you have comcast xfinity I think you get free wifi whereever there are hotspots of xfinity. Overall if you want close to 100% coverage data plans are expe...
by patelbhavesh
Thu Dec 12, 2013 9:52 pm
Forum: Personal Consumer Issues
Topic: Traveling Wifi ?
Replies: 31
Views: 3500

Re: Traveling Wifi ?

Someone already mentioned freedompop.com i second that. I have used their free plan for 500 MB per month .Coverage is very good if you are in metropolitan areas and outdoors.I have not been able to use it indoors at all. There is a freedompop deal right now for a device which is for Wimax for about ...
by patelbhavesh
Wed Dec 11, 2013 9:02 pm
Forum: Personal Investments
Topic: Doing a backdoor ira conversion at Vanguard
Replies: 14
Views: 2001

Re: Doing a backdoor ira conversion at Vanguard

In fact last weekend I completed the conversion just the way redrobin mentioned.Call vanguard if you are not comfortable and they can create a shell Roth IRA with $0 in it and then you are good to go.
by patelbhavesh
Fri Oct 11, 2013 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Agent Commission /SF Bay Area / Going Rate
Replies: 5
Views: 1379

Re: Real Estate Agent Commission /SF Bay Area / Going Rate

might be a little OT, but the other option is for sale by owner to reduce the cost .For some unknown reason it is not very popular in SF bay area(I live here). A lot of my friends in other states say FSBO is very popular in states like Kansas etc and a very straightforward process.I havent done it m...
by patelbhavesh
Fri Oct 11, 2013 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Anyone build mobiles app (and make money)?
Replies: 1
Views: 425

Re: Anyone build mobiles app (and make money)?

I have the exact same experience as you. Based on some report(I dont have the link handy) , less then 50% of app developers make more then $50,000 a year. If i were to start any app I would make it free/open source and most likely host it on http://www.f-droid.org and most likely use Apache Cordova ...
by patelbhavesh
Mon Aug 05, 2013 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: advice on funding mortgage of relative
Replies: 5
Views: 949

advice on funding mortgage of relative

I have already read on one of the bogleheads forums( http://www.bogleheads.org/forum/viewtopic.php?p=679104 ) that it is a bad idea to lend to friends/relatives.So I understand the repurcussions and risks. I have been lending some of my relatives/friends one way or the other in the past few years an...
by patelbhavesh
Fri Jun 28, 2013 11:10 am
Forum: US Chapters
Topic: Suggestions for the Wiki
Replies: 461
Views: 319015

Fund name error on Lazy Portfolio wiki

I think there is an error on the wiki page http://www.bogleheads.org/wiki/Lazy_Portfolios where in the admiral shares of "Vanguard Total International Stock Index Fund " are listed under the symbol VGIAX.But the link to it points to VTIAX which is the correct symbol. Someone could make a mistake by ...
by patelbhavesh
Tue Mar 19, 2013 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Projected College Costs Realistic?
Replies: 58
Views: 5040

Re: Projected College Costs Realistic?

As others have pointed before , I also feel that the education system is ripe for disruption. The generation Y kids raised from birth with smartphones/tablets etc and living in a world where information is on their fingertips will question why do i have to go to school and why they cannot do it in t...
by patelbhavesh
Wed Mar 13, 2013 9:04 am
Forum: Personal Finance (Not Investing)
Topic: how much leverage in buying a house?
Replies: 13
Views: 2477

Re: how much leverage in buying a house?

I don't believe in leverage. If I can't afford to pay for it, I don't buy it; I don't borrow for it. +1 I think too many people believe in the power of leverage but fail to understand that leverage can be double edge sword.There is no free money , risk free leverage.it is pure mental calculatioin a...
by patelbhavesh
Sun Apr 29, 2012 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House in SF
Replies: 82
Views: 7466

Re: Buying a House in SF

I live in silicon valley and i did not buy a house as yet(been in silicon valley for 13 years).My motivation to being a renter was purely based on whether it financially makes sense to buy small dingy houses in silicon valley for 600k etc. Also i'm in the software field. You can read more about hous...
by patelbhavesh
Wed Feb 22, 2012 11:07 am
Forum: Personal Finance (Not Investing)
Topic: how do you teach a kid who likes math
Replies: 89
Views: 8516

Re: how do you teach a kid who likes math

thanks to everyone for some great ideas. I was aware of some of them and we have either done or are doing some but many are ones I have not come across but will look into now. I am pretty decent at math and believe I can get him through several more years without too much struggle. My biggest conce...
by patelbhavesh
Sat Feb 11, 2012 2:54 pm
Forum: Investing - Theory, News & General
Topic: Has Buffett changed anyones mind
Replies: 65
Views: 5263

Re: Has Buffett changed anyones mind

one thing , buffett has definitely helped me reconfirm my beliefs in index funds against hedge funds is his bet with Protege hedge funds(biggest hedge fund in US) that in a 10 year period , S&P 500 will beat the best hedge fund after the costs & fees.

http://longbets.org/362/
by patelbhavesh
Mon Feb 06, 2012 12:51 am
Forum: Investing - Theory, News & General
Topic: Who's Done Better...Homeowners or Renters?
Replies: 58
Views: 6308

Re: Who's Done Better...Homeowners or Renters?

a very good article by larry swedroe on a similar topic http://www.cbsnews.com/8301-505123_162-57369547/history-says-home-real-estate-is-a-bad-investment/ The return on investment for a homeowner should also consider the imputed rental income (meaning the money you save by owning instead of renting)...
by patelbhavesh
Sun Feb 05, 2012 5:27 pm
Forum: Investing - Theory, News & General
Topic: Who's Done Better...Homeowners or Renters?
Replies: 58
Views: 6308

Re: Who's Done Better...Homeowners or Renters?

i would highly recommend the book "Irrational Exuberance" by Robert shiller .most of the public libraries carry multiple copies of this book.it does not directly answer your question but , roughly it boils down to the fact that in about 100 years or so of his calculation , housing beats inflation on...