Search found 471 matches

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: 27046

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: 1929

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: 46
Views: 3276

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: 1468

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: 1194

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: 4005

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: 422

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: 52004

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: 23
Views: 1741

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: 299

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: 1801

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: 1801

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: 7262

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: 11060
Views: 1939405

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: 1294
Views: 122012

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: 11060
Views: 1939405

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: 1294
Views: 122012

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: 11060
Views: 1939405

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: 21
Views: 3211

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: 11925

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: 11060
Views: 1939405

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: 11060
Views: 1939405

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: 11060
Views: 1939405

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: 11060
Views: 1939405

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: 1394

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: 11060
Views: 1939405

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: 11060
Views: 1939405

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: 8311

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: 11060
Views: 1939405

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: 11060
Views: 1939405

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: 21752

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: 395
Views: 84583

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: 564

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: 3233

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: 2026

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: 956

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: 713

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...
by amitb00
Fri Nov 23, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: starting HSA if spouse has FSA
Replies: 5
Views: 369

Re: starting HSA if spouse has FSA

If you have HSA, you can have Limited FSA or post deductible FSA but not the regular FSA.
by amitb00
Sun Nov 18, 2018 11:42 pm
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 2049

Re: What convenience fees does your city charge for credit card use?

I live in Miramar, Florida. They charge 2% if I use a credit card to pay dues. Checking account is no fee.
by amitb00
Sat Nov 10, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about FSA when quitting mid-year
Replies: 9
Views: 787

Re: Confused about FSA when quitting mid-year

I know we are talking about medical FSA. There is another FSA for dependent care and in that one you can only use what you have contributed until then.
by amitb00
Sat Nov 10, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 5300

Re: Doing taxes by hand

If you have a T Toweprice Account, online Turbo Tax premier version costs $10
by amitb00
Wed Nov 07, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1294
Views: 122012

Re: U.S. stocks continue to soar!

Dow regains 26000 level. Woo.. hoo...
by amitb00
Wed Nov 07, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: need advice with HSA account MAX contribution
Replies: 5
Views: 577

Re: need advice with HSA account MAX contribution

In addition there is last month rule. If you are eligible for HSA on 1-Dec, you can assume you are eligible for whole year provided you continue the insurance in the following year. So you can contribute max amount in 2018 provided insurance continues with you for whole year. HTH
by amitb00
Fri Oct 12, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 5382

Re: Is it worth filing FAFSA even if you know you'll get nothing?

I knew my daughter is not getting need based aid and Ivy school don’t offer merit aid. So I did not fill it. My daughter is now in third year of 8 year integrated MD program at Brown. YMMV
by amitb00
Thu Oct 11, 2018 2:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939405

Re: U.S. stocks in freefall

I think folks on this board are balanced, calm and take long term view. This thread is the main thread where we discuss falling stock market. Very few folks advise to get out of market. Yes, there is risk and it is not a great feeling riding the market down. But over long term, it will be a blip. Ch...
by amitb00
Wed Oct 10, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939405

Re: U.S. stocks in freefall

While it happens, it feels scary. However I am pretty sure, we will see higher highs in future. Hopefully we don’t have to do distress selling while market is low.
by amitb00
Sun Oct 07, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 83
Views: 23583

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

Many persons are saying that they pay monthly fees $2.5 from their bank. Doesn't it mean they are using post tax dollars to pay what can be paid by pre tax dollars if taken from HSA account. I am wondering if financially it is better to pay from HSA money itself. Of course we are talking $30 per yea...
by amitb00
Sun Sep 23, 2018 10:21 am
Forum: Personal Investments
Topic: Am I on track for retirement? Also: Simplify? Optimize?
Replies: 7
Views: 1476

Re: Am I on track for retirement? Also: Simplify? Optimize?

Yep, OP says his expenses are one third of income. If he saves 15 times income, he will have 45 times expenses. He should add health care expense, education for kids if pertinent. Going just by numbers, 45 times expenses at age 55 will be great for him.