Search found 494 matches

by amitb00
Sun May 17, 2020 5:27 pm
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 452
Views: 114770

Re: South Florida Local Chapter

I live in Miramar (West of 75). I am also yet to attend one of the chapter meetings. Something work related has come up on last minute on last two occasions. Third time may be charm.
by amitb00
Sat Apr 04, 2020 11:54 am
Forum: Personal Investments
Topic: At what point does a fund's performance history vs index matter?
Replies: 29
Views: 752

Re: At what point does a fund's performance history vs index matter?

I came to know about Fairholme fund. It will proudly say it has beaten SP500 for 15 years by 300%. I put some money. For two years it did good. Then it started lagging and that too big time. Last year I got out completely by being there for over 10 years and lost money in that fund. YMMV
by amitb00
Tue Mar 31, 2020 10:30 pm
Forum: Investing - Theory, News & General
Topic: Why do different total market and SP500 funds have different NAVs?
Replies: 8
Views: 458

Re: Why do different total market and SP500 funds have different NAVs?

One may have 1000$ asset in 100 units so each is 10$. Other may have 1 m dollar asset in 10000 units and each unit is 100$. Does it answer?
by amitb00
Tue Mar 31, 2020 10:28 pm
Forum: Investing - Theory, News & General
Topic: Why do different total market and SP500 funds have different NAVs?
Replies: 8
Views: 458

Re: Why do different total market and SP500 funds have different NAVs?

What matters is their performance which will be same.Absolute value does not matter. It is like 20 $ vs 10 $ bills. You can keep your 100$ in 5 20s or 10 10s. Same thing here bw VTI vs SPTM vs ITOT.
by amitb00
Fri Mar 27, 2020 6:54 pm
Forum: Personal Investments
Topic: Fidelity commission-free ETF
Replies: 10
Views: 792

Re: Fidelity commission-free ETF

Most brokers now allow commission free trades for all ETFs and stocks. So commission should not figure in decision anymore.
by amitb00
Wed Mar 25, 2020 9:05 pm
Forum: US Chapters
Topic: Livesoft reaches 70,000 posts!
Replies: 31
Views: 2850

Re: Livesoft reaches 70,000 posts!

Great Livesoft. Keep sharing.
by amitb00
Wed Mar 25, 2020 7:19 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 64324

Re: So bottom is probably behind us....right?

I feel there is lot more downside. We will see 50% overall decline from peak for all three major indices.
I am long and staying course. Hoping all it will pass sooner than later. All stay safe, Amit
by amitb00
Mon Mar 23, 2020 4:39 pm
Forum: Personal Investments
Topic: Stay the course - options in a down market
Replies: 4
Views: 392

Re: Stay the course - options in a down market

If you are sure it is going to go down, why to be just on side lines. Short the index and make some money.
In reality none of us know. I will ride it out. Good luck everyone whatever you choose to do.
by amitb00
Sun Mar 22, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 7859

Re: Why do people keep saying you have to be right twice?

If you don’t want to be back in market, you can sell and you are ok, assuming you profited. However if you finally want to be invested but are concerned that market will fall, you need to make two transactions. One to sell and other to buy. If you sell at bottom, you lost . If you sold, you need to ...
by amitb00
Sat Mar 21, 2020 4:49 pm
Forum: Investing - Theory, News & General
Topic: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"
Replies: 31
Views: 4840

Re: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"

SandysDad wrote:
Sat Mar 21, 2020 6:45 am
Other than potential tax consequences, why not sell now, and buy back in for less later this year?
If one knows stocks will be down, why not short them and make money. It is not a done deal that will be down in a month.
by amitb00
Wed Mar 18, 2020 7:49 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 26029

Re: Why are people selling? Disappointed in people here...

My SIL just exchanged all of her equity positions for bond funds in her retirement account. What?????? She told us "after" she did it then remembered she should've asked us first. . . . .. too late. . . . :shock: j :happy If it is retirement account it is not too late. You can ask and convince her ...
by amitb00
Fri Mar 13, 2020 7:04 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26659

Re: Who is staying course and how are you dealing with net worth going down?

My portfolio is down 700K. Not a pleasant experience. Having said that my regular monthly investments are happening as usual. My belief is it will come back. May be it means couple of years of extra working. Thanks, Amit
by amitb00
Sun Jan 26, 2020 8:43 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 452
Views: 114770

Re: South Florida Local Chapter

Have a good one. I will have to miss because of a personal commitment out of town. Hoping to join next time.
by amitb00
Thu Jan 23, 2020 6:38 am
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27499

Re: Sad news: LadyGeek's husband has passed

Deepest condolences on your loss. May departed soul RIP and you have courage to go through this tough time.
by amitb00
Thu Jan 02, 2020 1:02 am
Forum: Personal Investments
Topic: Roth IRA - so who hit 'enter' at 12:01AM this morning?
Replies: 113
Views: 10978

Re: Roth IRA - so who hit 'enter' at 12:01AM this morning?

Made IRA contribution at 6 pm on 1-Jan.
by amitb00
Sun Dec 15, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Q4 category - how to use? [2019]
Replies: 55
Views: 12322

Re: Chase Freedom Q4 category - how to use? [2019]

Both me and my wife have PayPal accounts. I pay to her account using Chase Freedom/Discover card around $1460. I pay ~42 in commission and get 75 as reward. This means ~33 dollars for making a transfer.
Did I say I have three freedom and three discover cards. So make around $100 in Q3 and Q4 😀
by amitb00
Sun Dec 15, 2019 8:48 pm
Forum: Personal Investments
Topic: How much in 529 is enough to fund college?
Replies: 114
Views: 10773

Re: How much in 529 is enough to fund college?

My daughter is in 8 year medical program aka PLME at Brown University - an Ivy League school. Ivies only offer need based aid and so we are paying sticker price. Cost in undergrad is 75k every year and in med school I am assuming 80-85K every year. You are talking about 600K expense. So upper limit ...
by amitb00
Sun Dec 01, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Is The Value of Your Net Worth Important to You?
Replies: 74
Views: 6697

Re: How Much Is The Value of Your Net Worth Important to You?

Basically what OP wants to say that NW should be so high that increase every year should be more than what you withdrew. This way NW never goes down. Seems like perpetual withdrawal amount, stated in a different way.
by amitb00
Sun Dec 01, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 15145

Re: High income and college costs question

And she is an excellent student with tons of extracurricular activities. A model student even at Brown.
by amitb00
Sun Dec 01, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 15145

Re: High income and college costs question

My daughter goes to Brown university in their 8 year medical school program aka PLME. She is a senior in undergrad. We are paying sticker price (75K every year). YMMV, Amit
by amitb00
Sat Aug 31, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to make SWIFT payment inexpensively
Replies: 10
Views: 784

Re: How to make SWIFT payment inexpensively

Great responses and helps me. Yes, price is quoted in US Dollars. I have Fidelity account as well as Vanguard. I will use Fidelity since they are completely free. I will try and let you know how it went.
by amitb00
Sat Aug 31, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: How to make SWIFT payment inexpensively
Replies: 10
Views: 784

How to make SWIFT payment inexpensively

I am organizing for a large alum group (80!persons) an African Safari in 2020. This is with an agency in Tanzania who are friends of a friend of mine. This agency gave me SWIFT details for payments. Is SWIFT same as international wire? What will be the cheapest way to send money? There is time, so t...
by amitb00
Sat Jul 27, 2019 2:53 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 71062

Re: Roll Call for the Retirement Class of 2019!

As of 5:00 today, I’m officially retired. However, it didn’t happen as it does in the movies. My boss and I have worked together for many years and he has known for more than a few months today would be my last. I wanted to make sure there were no loose ends when I left. All my sales clients had be...
by amitb00
Mon Jul 08, 2019 9:09 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 32250

Re: Americans believe they need $1.7 million, on average, to retire

5 m seems a more safe amount. Even if market falls, it will assure a decent income stream especially for early retirees.
by amitb00
Fri Jun 14, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: VTI declares lower dividend for Q2 2019
Replies: 6
Views: 2281

Re: VTI declares lower dividend for Q2 2019

For a Total Stock index Fund like VTI, it is not VTI call, how much is the dividend. If it is coming down, it is because underlying companies are paying less. It may be a good thing for those who want growth to come from appreciation.
by amitb00
Sat Jun 08, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Alternatives
Replies: 125
Views: 9702

Re: Quicken alternatives?

I have switched to Personal Capital. They are free and connect better to many institutions.
by amitb00
Thu May 30, 2019 7:36 pm
Forum: Personal Investments
Topic: Have RSUs. Should I enroll in ESPP too?
Replies: 26
Views: 1606

Re: Have RSUs. Should I enroll in ESPP too?

Enroll in ESPP. It is a benefit and you should not lose on benefit.
by amitb00
Fri Mar 22, 2019 8:38 am
Forum: Personal Investments
Topic: How to pay the IRS now
Replies: 16
Views: 1372

Re: How to pay the IRS now

https://www.eftps.com/eftps/
You can make payments to IRS at above site
by amitb00
Sun Mar 10, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Would you consider me Financially Independent?
Replies: 33
Views: 4206

Re: Would you consider me Financially Independent?

I will love to leave n inheritance which is larger than what i receive.
by amitb00
Sun Jan 27, 2019 1:07 pm
Forum: Personal Investments
Topic: Tracking Investments
Replies: 9
Views: 502

Re: Tracking Investments

I have been using Quicken premier for this. After April, I need to switch to new cloud licensing model which is three times expensive. I am going Personal Capital way.
by amitb00
Wed Jan 16, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 61070

Re: John Bogle is dead at 89

RIP Mr Bogle. You made a difference in the investment world . Changes brought by you will continue to impact the world for ever. A true pioneer has left today.
Condolences to family members.
by amitb00
Thu Jan 03, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Botched 401(k) Contributions
Replies: 20
Views: 1841

Re: Botched 401(k) Contributions

When you withdraw you pay tax. So u didn’t lose all 40%. You lose difference between current and future tax rate.
by amitb00
Mon Dec 31, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Active and Fit Direct for Gym
Replies: 1
Views: 339

Active and Fit Direct for Gym

My health insurance company (Cigna) provides access to Active and Fit Direct. This allows access to gym in their network for $25 per month with onetime enrollment cost of $25. You get access to gyms like LA fitness, 24x7, YMCA, PF and practically all gyms. Has anyone used them and what is their expe...
by amitb00
Mon Dec 31, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: "pjtallman" Wins The 2018 Boglehead Contest
Replies: 12
Views: 1958

Re: "Christine_NM" Wins The 2018 Boglehead Contest

I saw the note from Taylor above. Thanks, Amit
by amitb00
Mon Dec 31, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: "pjtallman" Wins The 2018 Boglehead Contest
Replies: 12
Views: 1958

Re: "Christine_NM" Wins The 2018 Boglehead Contest

If pjtallman won, why does title says Christine_NM won?
Congrats to the winner.
by amitb00
Mon Dec 31, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Alternatives
Replies: 125
Views: 9702

Re: Quicken Alternatives

How is MobeyDance as Quicken premier replacement? I wanted to replace in April when 2016 stops downloading
by amitb00
Wed Dec 26, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

Bear has gone to hibernate for now. We have few percent before Bear is back. I will enjoy Beer until then. Since we can’t avoid it, let us enjoy this scary ride.
by amitb00
Wed Dec 26, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7463
Views: 607176

Re: U.S. stocks continue to soar!

Tmcc: i don’t get it. If u sold on Mon and bought today, you got Whipsawed. May be you did something else while TLHing
by amitb00
Wed Dec 26, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

This movement is typical Whipsaw movement. One can make big money here or get butchered if they act here. Bogleheads are not impacted by Whipsaw I guess.
by amitb00
Wed Dec 26, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7463
Views: 607176

Re: U.S. stocks continue to soar!

Sooooo happy to see this thread back.
by amitb00
Tue Dec 25, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

Any guess as to when will be the day when all three major indices will be green, even if by one point? Will it be in Dec? On that note, when are we going to see bottom? Will that be first half of 2019? Even if market goes down 30% more to be 50% overall down and it drops on an average of 5% a week, ...
by amitb00
Mon Dec 24, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: buy HIGH and sell LOW?
Replies: 18
Views: 3372

Re: buy HIGH an sell LOW?

Logic of selling now is that folks believe more downside is coming. So if they bought at $100 and it is now at $80. They think it is better to sell at $80 and then buy it back at a lower price say $60. This saves them from additional loss.
by amitb00
Mon Dec 24, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 12508

Re: Now is the time to REJOICE!

Declining markets are not a reason to rejoice. If someone can leverage them, good luck to them. I am in for a long time and continue to invest. I also have incurred half a million reducing net worth and don’t like them. But then it is, what it is.
by amitb00
Mon Dec 24, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

All three major indices are in red. Good news is it is shorter day for trading so there may not be time for full day decline. Looks like rest few days in Dec are going to be like this. Looking forward to New Year! Merry Christmas all! May your heart and home be filled with all of the joys the festiv...
by amitb00
Sun Dec 23, 2018 10:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

At CNN futures are green by 0.5% with DOW up by 122 points. Let us hope it comes back and reverses the trend from tomorrow.
by amitb00
Fri Dec 21, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

I am guessing S&P500 will see 2000 before it sees newer highs. Just hope, i am wrong and it stops falling.
by amitb00
Fri Dec 21, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2697095

Re: U.S. stocks in free fall

All of us who are long are seeing our wealth eroded. As long as you don’t have to sell in this market, it will come back. It may take 6 months or 2-3 years remian calm. History tells us, it will come back.
Cheers,
Amit
by amitb00
Thu Dec 20, 2018 6:45 pm
Forum: Personal Investments
Topic: 401K Contribution Amount
Replies: 24
Views: 1494

Re: 401K Contribution Amount

3% employer contribution is on your salary. 1.08% ER is on your total balance and is every year. So these percents are not on same amount and one is one time, other is every year.