Search found 331 matches

by pasadena
Wed Dec 28, 2016 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State of Residency to Avoid State Income Taxes
Replies: 24
Views: 8412

Re: Changing State of Residency to Avoid State Income Taxes

I have heard that CA is particularly tenacious about holding on to tax-payers who wander off. I've heard the same, as a coworker recently had to go through this after accepting an expat mission. The company actually provided legal counsel on this topic (!). Apparently you really need to sever every...
by pasadena
Tue Dec 27, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 8516

Re: large purchase

Looking into buying an engagement ring. I will be starting a new job with 200k income in a couple months but want to buy one now. I got a 21 mo 0% credit card to purchase it on before I start work. I know this is not preferable, but I have signed a contract for the job and have been dating the girl...
by pasadena
Tue Dec 27, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 17287

Re: I'll never save a 20% down payment. Rent for life?

If there is such a huge difference between renting and buying, in your situation, I might go ahead and buy with < 20% DP. But make sure you don't deplete your savings and scrap every penny for that DP. You *will* need money for ancillary costs, and then the whole house maintenance thing. Not to ment...
by pasadena
Tue Dec 27, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 3035

Re: Should I contact my landlady for lease renewal ?

I'm not in CA, but every place I've rented there is a difference between a fixed term lease and a periodic lease. For a fixed term lease, the lease itself counts as notice of when it ends. A tenant can move out and hand the landlord the keys on the termination date and walk away. A landlord can sho...
by pasadena
Mon Dec 26, 2016 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 3035

Re: Should I contact my landlady for lease renewal ?

Thank you for the responses, I will contact her.
by pasadena
Sun Dec 25, 2016 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 3035

Should I contact my landlady for lease renewal ?

Hello ! I rent an apartment in California , and my lease ends on 01/31/2017. I re-read the lease agreement and it says that I should leave the premises by that date unless the landlord and I have extended it in writing, signed a new agreement, or if she accepts rent from me, in which case a month-to...
by pasadena
Sun Dec 25, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Bought a house for 560k in 2007
Replies: 73
Views: 11466

Re: Bought a house for 560k in 2007

Our monthly expenses in NJ - Mortgage -$3000 Health insurance - $1200 Car payment - $500 Grocery -$500 Cable and telephone -$500 Utilities -$300 Gas - $500 Car repairs -$200 Misc - $500 Kids activities - $700 Preschool for younger son -$ 600-$1200 per month My husband initially consulted on Corp to...
by pasadena
Thu Dec 22, 2016 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: [Deleted]
Replies: 16
Views: 2257

Re: What to do with $10k bonus

I would do it like this : * Max out Roth IRA for 2016 * Bump up my EF with the rest of it * Have a nice dinner out or buy a few $100's of new toy :) Notes : * You have until April 2017 to max out your Roth IRA for 2016. So maybe you can partially fund it now if you know you will be able to max it ou...
by pasadena
Thu Dec 22, 2016 9:27 am
Forum: Personal Finance (Not Investing)
Topic: How do you track your finances?
Replies: 79
Views: 9994

Re: How do you track your finances?

I use YNAB for budget and expense tracking. Excel for my portfolio and a few other things. Personal Capital for pretty graphs and one-stop overview.
by pasadena
Tue Dec 20, 2016 12:09 am
Forum: Personal Finance (Not Investing)
Topic: 5K Saving per month - Best way to maximize?
Replies: 7
Views: 2920

Re: 5K Saving per month - Best way to maximize?

Congrats on the high savings. The first question you need to answer is, what is this money for ? Are you going to spend it all in 3 years ?
by pasadena
Sun Dec 18, 2016 6:35 pm
Forum: Investing - Theory, News & General
Topic: Emergency Fund -part of assets or separate.
Replies: 15
Views: 2199

Re: Emergency Fund -part of assets or separate.

As others said above, there is no good answer. It depends on your specific circumstances and personal way of thinking. In my case, I consider it as part of my net worth (which seems obvious) but not as part of my portfolio. I see it in different ways, depending mostly on my mood, as it serves severa...
by pasadena
Sun Dec 18, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 42334

Re: Ally Bank 1.25% 11 month with no EWP

Is the CD interest paid monthly similar to their checking accounts? Ally gives you a few different options: Interest paid at maturity. Interest paid monthly depositing into an account of your choice or by check via mail. Interest paid quarterly depositing into an account of your choice or by check ...
by pasadena
Sun Dec 18, 2016 11:47 am
Forum: Personal Investments
Topic: Planning for 2017, would love some thoughts!
Replies: 11
Views: 1655

Re: Planning for 2017, would love some thoughts!

maravillao wrote:Another consideration I am making is transferring a half of my savings (around 25k) to my European account using TransferWise, now that the exchange rate is really low (1.04 EUR = 1 USD). Any thoughts on this?
Why are you considering this ? Are you planning on buying a home in Europe ?
by pasadena
Sat Dec 17, 2016 1:14 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 232
Views: 229277

Re: [Why did my fund suddenly drop in value?]

Mutual funds don't have an ex-dividend date as such; they have a reinvestment date which is 12/19 in this case according to VG. If you owned it on 12/16 (the declaration date), you'll get this distribution, either reinvested or paid in cash. If you buy it on 12/19 (some call this the ex-dividend da...
by pasadena
Sat Dec 17, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 232
Views: 229277

Re: [Why did my fund suddenly drop in value?]

After reading Vanguard's estimated year-end distribution page, I'm still a bit confused as to when will the dividends for VTSAX be paid ? The record/declaration date was 12/16. Does that mean the ex-dividend date is this Monday, 12/19 ? The ETF (VTI) has an ex-dividend date of 12/20 but I understand...
by pasadena
Fri Dec 09, 2016 9:43 am
Forum: Investing - Theory, News & General
Topic: Why not have an Emergency Fund in your Roth...(for those who can't max out anyways)
Replies: 22
Views: 2888

Re: Why not have an Emergency Fund in your Roth...(for those who can't max out anyways)

ofcmetz wrote:My ROTH IRA is step 2 of my emergency fund. I will fund it before funding my savings account even if the savings account was low.
This is also how I view it. My Roth is both EF Step 2 and Downpayment Step 2. Hopefully it won't be needed for either and will end up serving as retirement fund.
by pasadena
Fri Dec 09, 2016 9:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 105
Views: 15628

Re: Vanguard's new "account overview" page... BOO!

I assume they're doing this so it looks good on tablets and phones. These days there are quite a few people that access the internet this way. As time goes on people will use laptops and desktops less. The usual course is to design websites with different appearances on mobile than on desktop. Inde...
by pasadena
Tue Nov 15, 2016 9:19 pm
Forum: Personal Investments
Topic: 401k- what's your experience with contribution limits?
Replies: 19
Views: 3194

Re: 401k- what's your experience with contribution limits?

Mine doesn't cut it off, the excess is invested in an after-tax account inside the 401(k). I wish they cut off, since I often have quite a lot of overtime during the last 2 quarters. Have you checked to see if you can roll out after-tax to a Roth? If so, then you're missing a big bonus. Earl I will...
by pasadena
Sun Nov 13, 2016 12:43 am
Forum: Personal Investments
Topic: 401k- what's your experience with contribution limits?
Replies: 19
Views: 3194

Re: 401k- what's your experience with contribution limits?

Mine doesn't cut it off, the excess is invested in an after-tax account inside the 401(k). I wish they cut off, since I often have quite a lot of overtime during the last 2 quarters. I have to monitor, forecast and adjust accordingly... I think I did that every month since August this year :oops: Ni...
by pasadena
Fri Oct 07, 2016 8:47 am
Forum: Investing - Theory, News & General
Topic: If you own Vanguard Total Stock Market, do you re-invest dividends?
Replies: 75
Views: 13743

Re: If you own Vanguard Total Stock Market, do you re-invest dividends?

I'm in the (very) early part of the accumulation phase in taxable, so I invest new money every paycheck. I don't reinvest dividends automatically but add them to my payday transactions.

Everything is automatically reinvested in my Roth IRA.
by pasadena
Mon Jul 18, 2016 7:30 pm
Forum: Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 16
Views: 5002

Re: Need help with Vanguard direct deposit

I have the same issue with my taxable account. I sent them a message and am waiting for their response. The FAQ on direct deposit does say you can invest directly into up to 4 funds, but the DD setup page only shows the MM fund as an option. I could set up automatic investment the day after I'm paid...
by pasadena
Fri Jul 15, 2016 12:44 am
Forum: Personal Finance (Not Investing)
Topic: taking back a mortgage
Replies: 27
Views: 3948

Re: taking back a mortgage

I know lots of people on H1-B visas who have mortgages. If he has a steady job, he should be able to manage it himself. An H1-B is generally for a maximum of 6 years, so I have no idea why they would be buying a house or why someone would give them a mortgage. Unless they are married to a citizen a...
by pasadena
Fri Jul 15, 2016 12:37 am
Forum: Personal Investments
Topic: Help with investing my non-retirement money
Replies: 4
Views: 971

Re: Help with investing my non-retirement money

Phineas J. Whoopee wrote:bump
PJW
Thank you :beer
by pasadena
Fri Jul 15, 2016 12:37 am
Forum: Personal Investments
Topic: Help with investing my non-retirement money
Replies: 4
Views: 971

Re: Help with investing my non-retirement money

Might even choose to retire in my home country. That could cause all sorts of tax issues with your retirement accounts and estate taxes. I don't know much about then but you can Google "exit tax" and "non resident alien estate tax" to get an idea of some of the issues. If you were sure that you wou...
by pasadena
Thu Jul 14, 2016 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Installment Loans to help FICO?
Replies: 22
Views: 4526

Re: Installment Loans to help FICO?

I'm in the same situation. My score was 708 in December (from all 3 bureaus). Now Amex shows it at 764, so I suppose the "real one that matters" is around the same level as yours. What I've is I checked the date of the month when each of my CC report to the bureaus (get your credit report). Every mo...
by pasadena
Wed Jul 13, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Car Buying Dilemma
Replies: 53
Views: 7005

Re: Car Buying Dilemma

What has wavered my opinion lately is that my parents often complain that their cars require lots of maintenance (after their initial warranty is up so after owning the car for approx 5 years) and it would be cheaper for them in the long run to lease every 3 years and not have to pay a dime in repa...
by pasadena
Wed Jul 13, 2016 10:12 pm
Forum: Personal Investments
Topic: Please comment on my medium term investment plan!
Replies: 3
Views: 678

Re: Please comment on my medium term investment plan!

I can't really help, but I have one question : why not invest the whole $150k now ?
by pasadena
Wed Jul 13, 2016 9:49 pm
Forum: Personal Investments
Topic: Help with investing my non-retirement money
Replies: 4
Views: 971

Help with investing my non-retirement money

Hi Bogelheads ! (Apologies for the long post and broken English). I would like to get some feedback on my investment plan. This is only non-retirement money. I have a separate retirement bucket (401k) with a different strategy/allocation. I live in LA, and rent. I started saving money 3 years ago (I...
by pasadena
Wed Jul 13, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: taking back a mortgage
Replies: 27
Views: 3948

Re: taking back a mortgage

I also know a lot of people who have mortgages on H1-B visas - most Indian and Chinese families don't have a choice, since it takes 10-15 years for them to get a green card. One of my colleagues (European) bought a house on a L1 visa, a few months after arriving in the country. No problem getting a ...
by pasadena
Tue Jul 12, 2016 3:36 am
Forum: Non-US Investing
Topic: What's a new, 70 yr old European investor to do [France]
Replies: 5
Views: 919

Re: What's a new, 70 yr old European investor to do [France]

I left France a few years ago, before I ever thought about investing. Assurance Vie is indeed not life insurance, but they are sold by insurance companies, and most are not very good (high ER mutual funds). From what you're saying, she has hers in a Fond Euro . For someone in Europe, I would first l...
by pasadena
Tue Jul 12, 2016 3:27 am
Forum: Personal Investments
Topic: How much do you invest of your net income?
Replies: 25
Views: 4307

Re: How much do you invest of your net income?

I'm too late in the game for early retirement, so I'm targeting 62 y-o (I'm 42). As you said %'s don't really mean much for comparison purposes, because it depends on both your income and your target, but since you asked... - I save ~18% of my gross income including employer's match (maxing out 401k...