Metro Atlanta Bogleheads Local Chapter

SRenaeP · Post by **SRenaeP** » Sat Sep 10, 2016 4:16 pm

We had our first meeting today which went very well. Thanks to everyone who showed up!

The next two meetings will be held Saturday, October 22 at 10am (topic - retirement accounts for self-employed individuals) and Saturday, January 7 at 10am (topic - TBD).

I will post reminders here but please send an e-mail to atlantabogleheads at {Google's e-mail service} if you'd like to be added to the e-mail list.

-Steph

SRenaeP · Post by **SRenaeP** » Thu Oct 13, 2016 8:51 am

Bumping as a reminder that our next meeting will be Saturday, October 22 at 10am.

SRenaeP · Post by **SRenaeP** » Fri Jan 13, 2017 1:04 pm

Our previously scheduled January meeting was postponed due to the inclement weather.

The new day/time is Saturday, January 28th at 10am.

-Steph

mol3dad · Post by **mol3dad** » Mon Jan 23, 2017 12:13 pm

Hi Steph,

Is it in the same location as last time?

Thanks for the update!

SRenaeP · Post by **SRenaeP** » Tue Jan 24, 2017 2:31 pm

mol3dad wrote:Hi Steph,

Is it in the same location as last time?

Thanks for the update!

Yes. I will send an e-mail tonight with all the details.

-Steph

SRenaeP · Post by **SRenaeP** » Fri Feb 03, 2017 7:41 pm

Thanks to everyone who came out to the last meeting! I just realized that we neglected to select a topic for the next meeting. Feel free to post any suggestions here or e-mail me at atlantabogleheads at {Google's e-mail service}.

-Steph

SRenaeP · Post by **SRenaeP** » Mon Mar 13, 2017 6:08 pm

The next gathering will be held Saturday, April 8. Location and time are TBD. We are going with a slightly different approach and this will be a social rather than a typical meeting. Of course, we will talk finances but that's not the primary objective. I'm thinking a potluck brunch unless the majority prefer meeting at a restaurant.

-Steph

fcrit · Post by **fcrit** » Wed Jun 21, 2017 3:48 pm

Just found the board and I obviously missed the meet up in April. Any plans for the next gathering?

Thanks.

SRenaeP · Post by **SRenaeP** » Wed Aug 16, 2017 10:04 am

Is there anyone who is willing to take over as the coordinator for the Atlanta group? I recently started a new job which requires more business travel so life has gotten busy for me.

-Steph

Cuzz35 · Post by **Cuzz35** » Thu Sep 21, 2017 10:44 am

Steph,

Congratulations on your new job.

I would suggest sending an email to the group. I don't know how often everyone checks to see if people are replying to this thread.

chloroplast · Post by **chloroplast** » Sat Feb 03, 2018 9:49 am

After a long break, the Atlanta Bogleheads have started meeting again.

If you are interested in being on the mailing list, please email:

atlantabogleheads at gmail dot/period com

Our last meeting was on 2018-01-27, from 10:00 to 13:00, at 4 Rivers Smokehouse, 822 Marietta St NW, Atlanta, GA 30318.

We discussed the backdoor Roth IRA, and tips about improving residential energy efficiency (water, electricity, lighting, heating, cooling).

Probably we will meet every one or two months.

Winston
(coordinator of Atlanta Bogleheads)

gasdoc · Post by **gasdoc** » Fri Mar 09, 2018 11:12 am

Hi, Winston, I am interested in meeting though I do not live in Atlanta, and will send you an email. Thanks for being the new coordinator!!!

gasdoc

chloroplast · Post by **chloroplast** » Mon Apr 30, 2018 10:46 pm

The next meeting:

2018-05-12
10:00-12:00 (or 13:00)
4 Rivers Smokehouse, second floor
822 Marietta St NW
Atlanta GA 30318

I will talk about some of the new tax laws, and people can bring up other topics to talk about. Around 11, we can order lunch downstairs, and resume the meeting upstairs.

About parking:

--- See your GPS map. 4 Rivers is between Marietta St NW and Means St NW. Park in the big parking lot (partially covered by trees) between 4 Rivers and Means St NW. You can access the parking lot from Marietta St NW (near 4 Rivers and Thumbs Up Diner), or from Means St NW, near where it intersects Marietta St NW.

--- Warning: If you come from Marietta St NW, there is a small parking lot near Thumbs Up Diner, but do not park there. Drive across the small parking lot, and park in the big parking lot. The small parking lot might have a valet.

Winston

Traveler · Post by **Traveler** » Sun May 06, 2018 7:40 pm

I have never attended a meeting but I will try to make it to this one

chloroplast · Post by **chloroplast** » Sat Jun 02, 2018 11:00 am

Next meeting:

2018-06-23
10:00-12:00 (or 13:00)
4 Rivers Smokehouse, second floor
822 Marietta St NW
Atlanta GA 30318

Agenda:

Stephanie (former coordinator of Atlanta Bogleheads) will discuss the challenges of owning a rental property, from her own experience.
Any other topics that people want to talk about.
Around 11, we can order lunch downstairs, and resume the meeting upstairs.
Does anyone want to take over as coordinator?

About parking:

See your GPS map. 4 Rivers is between Marietta St NW and Means St NW. Park in the big parking lot (partially covered by trees) between 4 Rivers and Means St NW. You can access the parking lot from Marietta St NW (near 4 Rivers and Thumbs Up Diner), or from Means St NW, near where it intersects Marietta St NW.
Warning: If you come from Marietta St NW, there is a small parking lot near Thumbs Up Diner, but do not park there. Drive across the small parking lot, and park in the big parking lot. The small parking lot might have a valet.

Winston

TallBoy29er · Post by **TallBoy29er** » Sat Jun 02, 2018 11:06 am

I'm interested in joining the ATL BH's as well. I can't make June 23, but perhaps the next one will work out for me.

chloroplast · Post by **chloroplast** » Sun Jul 29, 2018 8:33 pm

Would anyone like to be the new coordinator for Atlanta Bogleheads?

(This August, I will probably start attending school full-time.)

Coordinating involves:

1. Scheduling speakers for meetings.
2. Scheduling venues (such as restaurants) for meetings.
3. Announcing meetings on a mailing list and this thread.

If you are interested, please email atlantabogleheads at gmail dot com.

Thank you.

Winston

paularbet · Post by **paularbet** » Sun May 05, 2019 2:23 pm

Hello. I just registered on the Bogleheads.org site today. Can someone please let me know if there is an active chapter in Atlanta. I live in the Virginia Highlands neighborhood near Piedmont Park in central Atlanta and would like to join the next chapter meeting. Thank you!

chloroplast · Post by **chloroplast** » Sun May 05, 2019 6:33 pm

Paul,

Thank you for your interest. Unfortunately, Atlanta Bogleheads has been inactive since around last July.

But if you would like to be the new coordinator, or know someone who does, I can give you access to the mailing list.

Winston

tc101 · Post by **tc101** » Tue Oct 15, 2019 7:06 pm

Is there still an Atlanta chapter?

If so, take a look at this thread

viewtopic.php?f=10&t=292681

Elena · Post by **Elena** » Tue Oct 15, 2019 7:30 pm

It would be nice to meet other Atlanta bogleheads, for sure. I do not feel equipped to give any advice regarding the senior center, nor do I know what kind of accreditation one would need to do so. I am just a self-taught individual who applies what I can grasp to my own situation, but it would definitely be very cool to meet others in person sometime.

JohnStoj · Post by **JohnStoj** » Wed Oct 16, 2019 1:03 pm

Paul,

I can't believe it's taken me so long to get on this forum. I'd love to help coordinate an Atlanta chapter.

- John

chloroplast · Post by **chloroplast** » Sat Oct 19, 2019 6:27 pm

JohnStoj,

Thank you for your interest in coordinating the Atlanta Bogleheads. I was a past coordinator. I just private-messaged you about details.

Winston

Andymoler58 · Post by **Andymoler58** » Mon Jan 06, 2020 11:01 pm

Hey,

I’d like to join the club too. Maybe we can set up a monthly meeting in the new year?

Please keep me in the loop as well.

Thanks,

chloroplast · Post by **chloroplast** » Tue Jan 07, 2020 1:25 pm

Andymoler58,

The Atlanta Bogleheads have not met for some time. I was the old coordinator, and I was looking for a new coordinator.

Winston

southerndoc · Post by **southerndoc** » Wed Jan 08, 2020 10:31 pm

Also interested if anyone spearheads this.

tc101 · Post by **tc101** » Wed Jan 08, 2020 10:38 pm

I live between Tucker and Stone Mountain. Anyone in this area, or Decatur, want to meet for lunch?

chloroplast · Post by **chloroplast** » Thu Jan 09, 2020 11:06 pm

tc101,

I live south of Atlanta in Stockbridge, but I could drive to Tucker, Stone Mountain, or Decatur to meet you for lunch sometime, on most days of the week.

Winston

stocks4t · Post by **stocks4t** » Mon May 04, 2020 7:38 pm

is the atlanta bogleheads/diehards group still active? I am interested in meeting folks.

chloroplast · Post by **chloroplast** » Mon May 04, 2020 9:22 pm

stocks4t,

Atlanta Bogleheads has not been active for almost two years.

Winston

southerndoc · Post by **southerndoc** » Fri May 08, 2020 2:09 am

We should bring it back to life.

chloroplast · Post by **chloroplast** » Fri May 08, 2020 2:12 pm

southerndoc,

What do you think about having an online meeting sometime in May? Possibly on Zoom?

Anyone else interested?

Finding a common free day and time may be difficult.

Winston

southerndoc · Post by **southerndoc** » Fri May 08, 2020 8:39 pm

Would love to meet up with other Atlanta Bogleheads, so May (or June) sounds good.

treypar · Post by **treypar** » Sat May 09, 2020 4:33 pm

I am interested in a zoom meeting.

earlyout · Post by **earlyout** » Sat May 09, 2020 4:47 pm

An Atlanta Zoom meeting sounds interesting. I would like to join.

chloroplast · Post by **chloroplast** » Sat May 09, 2020 9:20 pm

I set up a meeting on Zoom:

Subject to change: Saturday, May 16, 2020 10:00 AM Eastern Time
Meeting ID 755 0614 0174
Meeting Password (please private-message/direct-message me for the password)
Zoom's free plan limits the meeting to 40 minutes, possibly with one time extension.

If the above day and time do not fit your schedule, please private-message/direct-message me some days and times that would work for you.

The meeting will be informal, possibly about things like:

Hobbies.
How long we have been investing.
Recent investing questions or decisions.

chloroplast · Post by **chloroplast** » Sat May 16, 2020 10:52 am

Our next meeting will be on Zoom:

Saturday, June 13, 2020 11:00 AM to 12:00 PM Eastern Time (note the time change: start at 11:00, not 10:00)
Meeting ID: 761 9301 0434
Meeting Password: Please private-message/direct-message me for the password.

At the previous meeting, we discussed various topics, including:

Convert traditional (non-Roth) workplace plans (like a 401(k) plan) to a Roth IRA when your income is low, to minimize taxes---such as after you retire, but before you receive Social Security.
A Roth IRA has no RMDs (required minimum distributions).
If you leave the Roth IRA to a beneficiary, the recent CARES (Coronavirus Aid, Relief, and Economic Security) Act, signed into law on 2020-03-27, has a new rule about ten-year distributions:
SECURE Act Spotlight: Roth 401(k) And Roth IRA Accounts
https://www.forbes.com/sites/davidkudla ... e5949f4522:

A provision of the SECURE Act eliminates the ability of the beneficiary to take distributions over the life expectancy and replaces it with a 10-year rule. The 10-year rule provides that distributions must be made to designated beneficiaries within 10 years from the date of the IRA owner’s death. Certain ‘eligible beneficiaries’ (surviving spouse, disabled or chronically ill beneficiary, an individual who is not more than 10 years younger than the IRA owner, a child of the owner who has not reached age of majority) are not subject to the 10-year rule.
Get second quotes for contractors for house renovations.
Georgia has laws which are tax-friendly to retirees:
- Georgia does not tax Social Security.
- If you are retired, and 62 or older, your first $4,000 of earned income is not taxed---this first $4,000 is considered part of retirement income.
- If you are retired, and between 62 and 64, your first $35,000 of retirement income is not taxed.
- If you are retired, and 65 or older, your first $65,000 of retirement income is not taxed.
- Earned income and retirement income are defined below:
  Georgia Retirees FAQ
  https://dor.georgia.gov/retirees-faq
  
  Retirement income includes items such as: interest, dividends, net rentals, capital gains, royalties, pensions, annuities, and the first $4000.00 of earned income. Earned income is income from a trade or business, wages, salaries, tips, or other compensation.
- For information about retirement in Georgia, see: Is Georgia tax-friendly state for retirees?: https://www.politifact.com/factchecks/2 ... -retirees/

stocks4t · Post by **stocks4t** » Sun May 17, 2020 4:21 pm

Georgia has laws which are tax-friendly to retirees

was not aware of this.

Unfortunately, I just noticed there was an online meeting yesterday. I look forward the next one in June.

thanks!

Watty · Post by **Watty** » Sun May 17, 2020 4:58 pm

chloroplast wrote: ↑Sat May 16, 2020 10:52 am Georgia has laws which are tax-friendly to retirees:

One other thing about Georgia is that the property taxes can vary dramatically depending on what county you are in.

In addition to the actual rates being different I am in Cobb county which does not charge seniors(>62) school property taxes, and there is not an income limit or property value limit on this. This means that I only paid about $750 in property taxes on a pretty average house last year. It is interesting that even with this Cobb still has mostly good schools.

I think that Cherokee county has a similar exemption but I am not sure of that.

https://www.cobbtax.org/property/exemptions

Some other counties have a senior property tax exemption but only for people with low income.

There is also a different property tax homestead exemption for owner occupied homes that most people know about but you have to file a one time form for that. When we bought our house it turned out that the prior owner had not claimed that for at least 10 years so that had cost them a lot of money over the years.

It is a good idea to double check your counties web site so see if there are any property tax exemptions that you would qualify for.

chloroplast · Post by **chloroplast** » Sun May 17, 2020 9:10 pm

Watty, thank you for mentioning property-tax exemptions in Georgia, including homestead exemptions.

Below is some information about property-tax homestead exemptions in Georgia. Possibly this information would be helpful to other Georgia residents.

[Georgia] Property Tax Homestead Exemptions
https://dor.georgia.gov/property-tax-ho ... exemptions

Standard Homestead Exemption The home of each resident of Georgia that is actually occupied and used as the primary residence by the owner may be granted a $2,000 exemption from county and school taxes except for school taxes...

Individuals 65 Years of Age and Older May Claim a $4,000 Exemption Individuals 65 years of age or over may claim a $4,000 exemption from all county ad valorem taxes if the income of that person and his spouse does not exceed $10,000 for the prior year.

Disabled Veteran or Surviving Spouse Any qualifying disabled veteran may be granted an exemption of $60,000 plus an additional sum from paying property taxes for county, municipal, and school purposes.

chloroplast · Post by **chloroplast** » Mon Jun 08, 2020 2:05 pm

Later this week, we will have a meeting on Zoom:

Saturday, June 13, 2020 11:00 AM to 12:00 PM Eastern Time (note the time change: start at 11:00, not 10:00)
Meeting ID: 761 9301 0434
Meeting password: Please private-message/direct-message me for the password.
Speaker and topic: User "SRenaeP" will speak about rental properties. Later, we can discuss random topics.

solene · Post by **solene** » Fri Jun 12, 2020 1:04 pm

I am usually a lurker and wanted to participate, but because I just registered, I am unable to send a PM to get the password for tomorrow's meeting. Is is possible you can view my email and forward me the info?

Thank you

chloroplast · Post by **chloroplast** » Fri Jun 12, 2020 4:24 pm

Solene,

I private-messaged you the password for tomorrow's meeting.

stup123 · Post by **stup123** » Fri Jun 12, 2020 4:39 pm

chloroplast wrote: ↑Fri Jun 12, 2020 4:24 pm Solene,

I private-messaged you the password for tomorrow's meeting.

am in the sameboat - long time lurker and created account just now; Would appreciate if you can send me a PM with the passcode

chloroplast · Post by **chloroplast** » Fri Jun 12, 2020 9:14 pm

stup123,

I messaged you the password for tomorrow's meeting.

gailcox · Post by **gailcox** » Sat Jun 13, 2020 8:57 am

stup123,

Please send me an invite for todays meeting.

Thank you,

Gail Cox

chloroplast · Post by **chloroplast** » Sat Jun 13, 2020 9:00 am

Gail,

I messaged you the password.

Winston

gailcox · Post by **gailcox** » Sat Jun 13, 2020 9:08 am

got it! Thank you.

Gail

chloroplast · Post by **chloroplast** » Sat Jun 13, 2020 11:53 am

If anyone has idea for topics for the next Atlanta meeting, please post them here.

(Some possible dates for the next Atlanta meeting are July 11, 4, or 18, which are all Saturdays. Some possible times are 10 am or 11 am.)

Summary of today's Atlanta meeting:

The annual national meeting will be online this year. It will probably still be in October. The registration fee might be zero.
A possible speaker for the annual national meeting is William (Bill) Bernstein, who wrote "If You Can: How Millenials Can Get Rich Slowly" (https://www.etf.com/docs/IfYouCan.pdf), 16 pages.
User "SRenaeP" spoke about rental properties.
- You are fortunate if you have tenants who stay long and who have few problems.
- The website Cozy (https://cozy.co/pricing/) allows landlords to do background checks, credit checks, security deposits, and monthly rent.
- To register a limited-liability company (LLC) or other business, visit the website of the Georgia Secretary of State: https://sos.ga.gov/
If you would like advice about investing, consider Vanguard Personal Advisor Services or "fee-only" planners.

GMan82 · Post by **GMan82** » Sat Jun 13, 2020 1:37 pm

Oh nuts I missed this and I live in Atlanta. Any idea when the next one will be?