Search found 482 matches

by amitb00
Sun Jan 26, 2020 8:43 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 444
Views: 109207

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: 23325

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: 10615

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: 5800

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: 10592

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: 6537

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: 14657

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: 14657

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: 755

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: 755

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: 420
Views: 65515

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: 31854

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: 2249

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: 47
Views: 4405

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: 1585

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: 1345

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: 4189

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: 490

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: 59037

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: 1825

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: 336

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: 1936

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: 1936

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: 63
Views: 8722

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: 13685
Views: 2269312

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: 3790
Views: 349912

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: 13685
Views: 2269312

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: 3790
Views: 349912

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: 13685
Views: 2269312

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: 3342

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: 12341

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: 13685
Views: 2269312

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: 13685
Views: 2269312

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: 13685
Views: 2269312

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: 13685
Views: 2269312

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: 1483

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.
by amitb00
Thu Dec 20, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13685
Views: 2269312

Re: U.S. stocks in free fall

Market will come back, They will come back roaring. Problem is if you lose job or need money for college/retirement etc and have to do distress selling before they come back.
If you have a good job and don’t need to sell, and can buy, go for it.
by amitb00
Thu Dec 20, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13685
Views: 2269312

Re: U.S. stocks in free fall

Wow NASDAQ in bear. S&P is with in 4% of Bear market. Let us hope fall stops soon . I wonder when will the next post happen on the the SOAR thread. Hope happens sooner than later.
by amitb00
Wed Dec 19, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: What will be the low for the S&P 500?
Replies: 87
Views: 8747

Re: What will be the low for the S&P 500?

It will hit less than 2000 before it hits newer highs. So answer for this question: 2000 🙁 Not happy about it.
by amitb00
Mon Dec 17, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13685
Views: 2269312

Re: U.S. stocks in free fall

Russell 2000 is in bear market🙁 Other indexes may follow.
by amitb00
Mon Dec 17, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13685
Views: 2269312

Re: U.S. stocks in free fall

Where are 100% stock folks? Also there were folks who wanted to buy if stock was not at all time high? Are they buying?
by amitb00
Sun Dec 16, 2018 8:53 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 23016

Re: Best values at Costco? Honestly, a little disappointed...

Kirkland craft beer at $20.99 for 24 bottles is great.
by amitb00
Sun Dec 16, 2018 10:40 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 444
Views: 109207

Re: South Florida Local Chapter

I have never attended a chapter meeting. Generally what is the agenda for these meetings? Of course, seeing folks face to face itself has value.
by amitb00
Sun Dec 16, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Can I buy a PIN prepaid debit card with a credit card for rewards bonus
Replies: 10
Views: 604

Re: Can I buy a PIN prepaid debit card with a credit card for rewards bonus

Not sure but there is a possibility that purchasing debit card may be considered as cash advance and in that case you may pay cash advance fees. Interest will accrue from day one in that case.
by amitb00
Sat Dec 15, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3739

Re: Fidelity HSA - Account Closed (Risk Department)

Does anyone sharing your last name and address may be having a criminal record? Does anyone have a foreign address? FInancial Institutions avoid dealing with such folks.
by amitb00
Sun Dec 09, 2018 8:41 pm
Forum: Personal Investments
Topic: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]
Replies: 16
Views: 2824

Re: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]

Answer is already provided on relative price of VTI and ITOT. One other way to look at it is having two $50 bills and one $100 bill. They have same value even though you have two bills vs one bill.
by amitb00
Sun Dec 09, 2018 12:10 pm
Forum: Personal Investments
Topic: Stay in Company 401 at retirement or roll to an IRA?
Replies: 10
Views: 1004

Re: Stay in Company 401 at retirement or roll to an IRA?

When you roll over 401K to Rollover IRA, your ability to do tax free backdoor Roth IRA diminishes. Since you are retiring it may not apply to you. But good to know.
Also if you move to Rollover IRA, you can get funds in range of .01-.04 ER.
by amitb00
Sat Dec 08, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Is a company's stock buyback optional or mandatory for individual shareholders?
Replies: 7
Views: 765

Re: Is a company's stock buyback optional or mandatory for individual shareholders?

My understanding is that company buys from open market. When you sell your stock, some one is buying those shares. It is possible that company itself is buying. But it is not your concern as to who is on other side of transaction. And yes, you are not required to sell your shares when there is a buy...