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Srinu15
Yavvanam Kaatesina Bewarse
Username: Srinu15
Post Number: 5608
Registered: 08-2005
Posted From: 96.35.35.101
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, March 27, 2014 - 12:10 am: |
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Nalla_baalu:
ante 4 yrs taruvata India ki jumping aithe ela anaa?
mee employer contribute cheste 1 or 4yrs ainaa OK..it is all free money, only thing is you need to contribute min 4%
You never know what you can do, Until you try
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu
Post Number: 12097
Registered: 06-2011
Posted From: 108.78.168.52
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 11:40 pm: |
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naa laaga 4 yrs lo US nundi jump candidates ki ee 401k ela upayoga paduthundhi
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; Getinspired
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Srinu15
Yavvanam Kaatesina Bewarse
Username: Srinu15
Post Number: 5607
Registered: 08-2005
Posted From: 96.35.35.101
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 11:33 pm: |
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Gochi:
..
gosankul..nene anukunte nuvvu mari too much..nenu first 3 years enroll avvaledu..daanike feel ayyanu...ippudu enroll ayyi 3 years ayyindi..good atleast ippudu aina enroll ayyavu..
actual gaa appudu wrong gaa arhdam chesukunna..manamu min 4% contribute cheste company 1% istaaru anukunna..kakapothe company 5% istaadi ani oka mandu sitting lo telisindi..
You never know what you can do, Until you try
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Gudiwada
Yavvanam Kaatesina Bewarse
Username: Gudiwada
Post Number: 7239
Registered: 11-2004
Posted From: 76.181.105.71
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 10:57 pm: |
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Hemareddy77:Any ideas about buying few condos
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Hemareddy77
Pilla Bewarse
Username: Hemareddy77
Post Number: 89
Registered: 10-2012
Posted From: 68.100.237.194
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 8:31 pm: |
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Any ideas about buying few condos and renting those condos for retirement?
Kubang:
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8392
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:34 pm: |
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Stylestar:i am just saying why some people prefer invest outside than paying off mortgage with that extra money..
yes it depends on your risk appetite. After losing lot of money, I have learned my lesson over the years. everyone's situation is different, agreed
Ignorance is bliss
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Tokkalodi
Pilla Bewarse
Username: Tokkalodi
Post Number: 912
Registered: 10-2006
Posted From: 155.39.88.241
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:33 pm: |
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hmm.. it depends.. 4% interest rate on home loan is too low.. if you invest the money without paying to home loan.. chances are high to get more returns..
Am I missing something here. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2530
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:31 pm: |
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Kubang:
as a conservative we always go for no debts... i am just saying why some people prefer invest outside than paying off mortgage with that extra money.. |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47365
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:29 pm: |
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Entrepreneur:
nenu 15 year mortgage loan teeskunna, interest rate is 2.815, where as that time 30yr ki around 3.85 or more nadustondi,
even though I am paying more per month, I have decided to go for 15%, meeru ichina cases lo it says 15yr loan is better choice, cool..
Racegurram Audio Review
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8391
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:29 pm: |
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Stylestar:ante chala mandhi bonds lo pettina 5 to 6% yield chesthadhi kadha ani or NRE account lo pettina 9% istunaaru.. most of them use it to invest in India.
first of all naaku thelisi 5 to 5% yield vache bond edi ledu i.e., AAA rated bond like US govt bonds. at the best you will get around 3%
ika rendodi chaala risky, 6% arbitrage kosam aasa padithe 15% lose on currency ayye chances ekkuva
Ignorance is bliss
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Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2529
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:29 pm: |
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Entrepreneur:
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8390
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:27 pm: |
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Entrepreneur:
naaku adantha chadive vopika ledu bro. my logic is very simple. if you pay off your mortgage quickly; the total amount of interest that you are paying is less i.e., the money going out of your pocket is less. migatha vanni depends on arbitrage, what if the other investment goes sour? it will be a double whammy.
I would rather pay off the mortgage and take a LOC on the house and invest if there is a compelling opportunity. that way you can write off the interest on LOC plus you pay only capital gains tax which is normally less than income tax rate
Ignorance is bliss
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Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2528
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:27 pm: |
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Kubang:IF anedi chaala pedda Q bro.
ante chala mandhi bonds lo pettina 5 to 6% yield chesthadhi kadha ani or NRE account lo pettina 9% istunaaru.. most of them use it to invest in India.. |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47364
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:25 pm: |
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Kubang:20% guaranteed return kada mastaaru with govt contribution. adi vadulukotam ante thelivi thakkuva
maaku attantidi ledu gaa andukane time pattindi,
Racegurram Audio Review
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8389
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:23 pm: |
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Stylestar:so if you can earn more than 4%
IF anedi chaala pedda Q bro. by paying off you have a guaranteed return; all other alternatives are speculation
Ignorance is bliss
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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1391
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:22 pm: |
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5 case scenario
OK let us take these scenarios:
Dinesh wants a 200K loan. Options are 30 year or a 15 year mortgage.
We will start with 4.00% interest rate for both the 30 year loan and the 15 year loan for simplicity. Later in case #6 (also case #3), I will take on a more realistic case where interest rate for 15 year loan is lower.
CASE 1: Affordability:
Payment on 30 year loan will be $954.83 which we round to $955 a month.
Payment on a 15 year loan will be $1479.38 which we round to $1479 a month.
The difference in 2 payment is 524 a month and if this extra money causes hardship for Dinesh, then the choice is simple and clear that Dinesh must go for a 30 year loan. No tax or other financial considerations matter here.
CASE 2: Mental Comfort key and Discipline:
Payment on 30 year loan will be $954.83 which we round to $955 a month.
Payment on a 15 year loan will be $1479.38 which we round to $1479 a month.
15 year loan monthly payment is $524 per month more than 30 year loan payment.
Dinesh can afford the extra payment without concerns of liquidity.
Dinesh's critieria is mental comfort and want to pay off the loan. Whenever Dinesh has a loan, even if he has other assets, he does not feel mentally comfortable. Dinesh is a disciplined person.
In this case, the approach suggested by member Old Spice in this post makes sense. Selection here is 30 year loan but keep making the extra payments.
CASE 3: Mental Comfort key and Discipline and 15 year interest rate is better than 30 year case:
Interest rate on 30 year loan X%.
Interest rate on a 15 year loans is less than X% (how less is immaterial).
Dinesh can afford the extra payment without concerns of liquidity.
Dinesh's critieria is mental comfort and want to pay off the loan. Whenever Dinesh has a loan, even if he has other assets, he does not feel mentally comfortable. Dinesh is a disciplined person.
Dinesh is going to pay off the loan in 15 years even if he has a 30 year loan by making extra payments, but in above case locking himself to 15 years gets him a lower interest rate and thus saves him some money to boot, so in that case selecting 15 year loan makes the most sense.
CASE 4: Mental Comfort key but not disciplined to make extra payments on schedule:
Payment on 30 year loan will be $954.83 which we round to $955 a month.
Payment on a 15 year loan will be $1479.38 which we round to $1479 a month.
15 year loan monthly payment is $524 per month more than 30 year loan payment.
Dinesh can afford the extra payment without concerns of liquidity.
Dinesh's critieria is mental comfort and want to pay off the loan. Whenever Dinesh has a loan, even if he has other assets, he does not feel mentally comfortable. Because Dinesh is not disciplined and he may use the excess money for some other extravagances, it is best that he lock himself into a 15 year loan and hence select 15 year loan.
CASE 5: Financial Criteria key - Mental Comfort comes to Dinesh from knowing he is making financially sound decisons:
Payment on 30 year loan will be $954.83 which we round to $955 a month.
Payment on a 15 year loan will be $1479.38 which we round to $1479 a month.
15 year loan monthly payment is $524 per month more than 30 year loan payment.
Dinesh can afford the extra payment without concerns of liquidity.
Dinesh is disciplined to develop an AAP and DCAs $524 every month into an investment plan for the next 15 years. He is willing to take some risk in equities and forgo the risk free repayment of principal in favor of long term investments. He is willing to adjust the AAP to lower risk every year as years go by and at the end of 15 years take the money out and payoff the remaining mortgage with it. With this approach, while there is some risk, there is a high degree of probability that Dinesh will have money left over after 15 years after paying of the remaining mortgage balance.
So in this case, the mortgage choice is a 30 year loan.
=========================
Now a more REALISTIC scenario where the interest rate on a 15 year loan is lower by at least 0.2% than on a 30 year loan.
CASE 6: Financial Criteria key - Mental Comfort comes to Dinesh from knowing he is making financially sound decisons:
Interest rate on 30 year loan = 4.00%
Interest rate on 15 year loan = 3.70% (check bankrate.com or other sites for actual interest rate differential)
Payment on 30 year loan will be $954.83 which we round to $955 a month.
Payment on a 15 year loan will be $1449.49 which we round to $1450 a month.
15 year loan monthly payment is $495 per month more than 30 year loan payment.
Dinesh can afford the extra payment without concerns of liquidity.
Since Dinesh is comparing choices, his one choice is 30 year loan a 4% interest.
Should Dinesh decide to go with 15 year loan, he has to pay $495 more per month towards principal. This means he is saving the 4% interest on that money if we are comparing to 30 year case. In addition to saving that 4% on his principal repayment, by selecting to pay extra $495 per month towards principal, he also gets 0.3% (4.00% minus 3.70%) interest savings on the entire loan amount >> 0.3% of 200,000 is $600 or $50 a month.
$50 return on the $495 on top of the 4% return all in just one month looks fantastic but is a bit deceiving. Next month the savings will still be $50 approximately, but his outlay would be 495 times 2. So it turns out that during the first year, extra principal contributed is approximately $6643. And savings in interest the first year are 707. This looks like a 10.6% return but since all of the 6643 payment is not made during first month but distributed throught the year, it is more like a 15% return. This shrinks to about 9% or so the next year and somewhat lower the next and so on till the saving is only 4% the final year. And all this is risk free return. To me, this is great return.
In this case, the choice is clearly 15 year loan.
If the interest rate differential is smaller than 0.2%, then it becomes like case #5 to me and I would in that case be willing to risk some and follow suggestions in case #5.
If the differential in interest rates is 0.2% or greater, I would go for a 15 year loan.
Of course some calculations on the return in case 6 are approximations. I could have done a cash flow analysis but that would be more time consuming, so I did more like a back of the envelople calcs. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1390
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:22 pm: |
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Kubang:concentrate on paying off the mortgage as soon as possible; america lo tax credit vuntundi mortgage interest meeda etc kaburlu cheptharu janam. bottom line is that less money going out of your pocket towards interest if you pay off quickly.
I disagree this ...this topic is beaten to death here...esp people like u with high fin descipline..
http://www.r2iclubforums.com/forums/showthread.php/34821-Mortgage-payoff-vs-Inve stment/page3
http://www.r2iclubforums.com/forums/showthread.php/25530-Mortgage-Comparisons-15 -vs-30-and-others
it is beaten to death here... |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2527
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:19 pm: |
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Kubang:america lo tax credit vuntundi mortgage interest meeda etc kaburlu cheptharu janam. bottom line is that less money going out of your pocket towards interest if you pay off quickly.
it helps if you could earn more than interest you are paying for mortgage.. usala ga mortgage interest it self very less (max 6%) dhanilo tax advantage so at most max 4%. so if you can earn more than 4% for that money then it is not better to pay off the mortgage.. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2526
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:16 pm: |
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Musicfan:but second one I am on track..
i started the year my daughter was born..  |
Sachinfan
Celebrity Bewarse
Username: Sachinfan
Post Number: 35194
Registered: 10-2010
Posted From: 209.51.184.9
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:15 pm: |
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Kubang:america lo tax credit vuntundi mortgage interest meeda etc kaburlu cheptharu janam.
idi matuku picha kamedy.. tax credit vostadi ani ekkuva interest kattataniki commit ina konta mandi vunnaru naku telisinollu.. logic idi ani teliyagane pandu gadu kottinattu ipoindi na paristithi..
Signature... inka edi decide kaaledu 
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8388
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:14 pm: |
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Musicfan:perfect planning saru varu
20% guaranteed return kada mastaaru with govt contribution. adi vadulukotam ante thelivi thakkuva
Ignorance is bliss
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8387
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:13 pm: |
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Gochi:
naaku thelisinantha lo my three cents:
save at least 10% of gross earnings; ekkada invest cheyyali annadi tharavatha; first aa 10% of family earnings needi kaadu anuko
concentrate on paying off the mortgage as soon as possible; america lo tax credit vuntundi mortgage interest meeda etc kaburlu cheptharu janam. bottom line is that less money going out of your pocket towards interest if you pay off quickly.
take advantage of any rrsp matching program at work
Rest automatic ga alavatu avuddi.
Ignorance is bliss
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1361
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:11 pm: |
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Gochi baa
naa LOSS case chebuthaa vinu
2008 lo OKC vachaanu.. 2009 lo FTE converted and working since then in the same company.. 5 years rented house lo unna..
if i had bought an old 2 BHK house in 2009 i would have saved atleast 35000 USD in rents.. and built up considerable home equity
GC GC ani over think chesi late chesaa |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47363
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:10 pm: |
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Kubang:I am contributing for the past 16 years. either kid can use from it once you set it up as family plan.
perfect planning saru varu, I started that for my second kid, first one I have to struggle his needs somehow, but second one I am on track..
Racegurram Audio Review
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Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47362
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:09 pm: |
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Stylestar:some states they do.. i think you have to pay one lump sum or with in a year. It will be very good if kids goes to in state.. out of state ayithe they will transfer that money.. it would not help that much..
Ledu mama eppudaina start cheyyochu, the late you start, the more you have to pay per month. Kani analyze chesi chooste, they dont give any thing extra other then covering the fees hike to current fees cost. So pedda use anipinchaledu,
Intead trying to put a goal of 64K by the time my elder one reaches college.
Racegurram Audio Review
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1360
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:08 pm: |
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wow.. chip off the old rock ante mee abbaye kubangesh.. |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1359
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:07 pm: |
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vaarni 30% tax kooda marichipoyaa
ilaa untundhi naa financial planning
thanks MF and Enter for correcting me |
Farex
Mudiripoyina Bewarse
Username: Farex
Post Number: 16351
Registered: 10-2010
Posted From: 209.180.150.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:03 pm: |
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Entrepreneur:india lo business ante...only with black money or if u are stinking rich...
ikkada kudabettina money tho business ante it is nothing...when compared to what u earn here lifesytle etc
black monmey yee akkarledhu mama,,,,,almost 4 to 5 yrs nunchi planning ,,,,sooddari ela workout avuthundho anedhi 
Jagamanthati Kutumbham Nadhi
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8386
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 4:00 pm: |
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Bewarsegadu:did both of them end up with tuiton waivers and scholarships..
my first one got very close to the tuition amount in the first year from govt bursaries and my company scholarships. second one has long way to go, he is in 6th grade
Ignorance is bliss
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Esscuseme
Kurra Bewarse
Username: Esscuseme
Post Number: 1201
Registered: 03-2005
Posted From: 216.113.168.128
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:59 pm: |
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Bewarsegadu:
veezy annai to figure out. here is the list of all fidelity funds
http://quicktake.morningstar.com/fundfamily/fidelity-investments/0C00001YR0/fund -list.aspx
click on the fund link your company is offering, on the fund detail page, check the following two things
- category (bond will say as bond)
- asset allocation pie chart
HTH |
Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8385
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:58 pm: |
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Bewarsegadu:Pilla kaayala saduvulaki elaa plan chesaavu?
ikkada RESP ani program vundi. per kid if you contribute 2,500/yr govt will give you $500/yr subject to a maximum govt grant per kid $7,200
you have total control on investments. when you withdraw the govt grant and associated appreciation part from the total fund, it will be issued on kid's name; so you don't pay income tax. when you withdraw your contribution and associated capital appreciation part, it will be issued on contributor name, tax free. because you contributed after tax money in the first place.
I am contributing for the past 16 years. either kid can use from it once you set it up as family plan.
Ignorance is bliss
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Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2525
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:58 pm: |
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Musicfan:illu, pillala education, retirement ki iste inka migiledenti, emi petti tinala? malla vacation inkoti..
mothamu pettamani kadhu gaa. based on the income you have to put some percentage..
i would say if your house hold cost is 60% and with the rest you have to put in retirement and or other investements..
i almost put 35% of mine to those accounts.. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2524
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:54 pm: |
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Musicfan:64K kattali 4 years tuition enta perigina valle chooskuntaru
some states they do.. i think you have to pay one lump sum or with in a year. It will be very good if kids goes to in state.. out of state ayithe they will transfer that money.. it would not help that much..
inflation is very less except the education going up 6% an average every year..
the college funds is more if kids wants to go out of state and/or ivy league (expensive). In state select chesukonte it would be fine to contribute little. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1389
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:53 pm: |
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Entrepreneur:.maanchi business set ayithe jump jilani annattu undhi present mind set
india lo business ante...only with black money or if u are stinking rich...
ikkada kudabettina money tho business ante it is nothing...when compared to what u earn here lifesytle etc
inka doola terchukovali anukunte...try it for 5 months and check it out...u will learn a lot.. |
Esscuseme
Kurra Bewarse
Username: Esscuseme
Post Number: 1200
Registered: 03-2005
Posted From: 216.113.168.128
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:52 pm: |
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Gochi:
Here is example
age 35
contribution per pay check $1000 towards 401k. so,
110 - 35 = 75% of $1000 ($750 towards stock fund)
25% of $1000 ($250 towards bond funds)
stock funds ($750)
80% of $750 ($600 towards domestic stock fund)
20% of $750 ($200 towards international stock fund)
almost all the 401k plans will have funds from above asset class |
Farex
Mudiripoyina Bewarse
Username: Farex
Post Number: 16349
Registered: 10-2010
Posted From: 76.220.127.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:46 pm: |
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Entrepreneur:- i travelled ur route and lost lot...please do some math and fin planning mama..
yeah,,,safety kosaram ayina ingaa aa pani modalettali,,,
Jagamanthati Kutumbham Nadhi
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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1388
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:45 pm: |
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Farex:financial planning lo eppudu edho velithiga unte problem naaku idhenemo. inthavaraku no IRA, no 401K or retirement planning
antha India yeee annatu bathukuthunna,,,eppatikaina India vellipodham ane alochanalo......maanchi business set ayithe jump jilani annattu undhi present mind set
farex mama - i travelled ur route and lost lot...please do some math and fin planning mama.. |
Farex
Mudiripoyina Bewarse
Username: Farex
Post Number: 16348
Registered: 10-2010
Posted From: 76.220.127.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:43 pm: |
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Gochi:India ellipovaalante u can always withdraw with a penalty and you will still end up in positive after your tax deductions and company match
idhe thinkuthunna gosi khan and enter annai,,,,manadhi desi consultancy kabatti,,,,IRA teesukomantara personal gaaa??? daani valla use only tax benefit ye naa inkemanna undha?
just savings ayithe avasaram ledhi,,,,,inkedhanna tax benefits or company match chesetatlu ayithe alochiddam anukuntunna ,,,,,deeni midha pedd aidea ledhi manaki,,,koosintha selavivvandi
Jagamanthati Kutumbham Nadhi
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Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47361
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:42 pm: |
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Gochi:India ellipovaalante u can always withdraw with a penalty and you will still end up in positive after your tax deductions and company match
company matching unte matuku assalu vadalakoodadu, you will miss that additional income..
Racegurram Audio Review
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Gochi
Censor Bewarse
Username: Gochi
Post Number: 82412
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:40 pm: |
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Entrepreneur:.just 4% ani teesiparesthunnaru rao garu
tax 30% on that money....
adhe kadhaa...theliyakundaane we are losing lot of money...anduke my sincere suggestion to all DB members...kallu moosukuni 401k start cheyyandi...company match unte dont even think...India ellipovaalante u can always withdraw with a penalty and you will still end up in positive after your tax deductions and company match |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47360
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:39 pm: |
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maaku michigan lo edo undi, 64K kattali 4 years tuition enta perigina valle chooskuntaru, if studying out of state, then they will match to some extent or something undi.
Racegurram Audio Review
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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1387
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:38 pm: |
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Musicfan:aa amount ki tax kattadu gaa adi kooda add cheskunte,,
naaku ade doubt...just 4% ani teesiparesthunnaru rao garu
tax 30% on that money.... |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47359
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:37 pm: |
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Bewarsegadu:Kubangesh
Pilla kaayala saduvulaki elaa plan chesaavu?
did both of them end up with tuiton waivers and scholarships..
ayana aa madhya lekkalu cheppar gaa, akkada tuition cheap, plus scholarships plus part time working mottam chooste dantlonchi gattekkesaru ani,.,
Racegurram Audio Review
|
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47358
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:36 pm: |
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Bewarsegadu:Gochi baa
aa amount ki tax kattadu gaa adi kooda add cheskunte,,
Racegurram Audio Review
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Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47357
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:35 pm: |
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Gochi:
Racegurram Audio Review
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1357
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:34 pm: |
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Gochi baa
company matching oka 25K .. last three years stock market appreciation kalipithe 40K esukundhaam .. so max 50 K
vaarni 50K ante too much annatlu |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82411
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:32 pm: |
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Bewarsegadu:mee company entha match chesthundhi? my company does upto 4% of the gross..
3% baa...for 7 years 3% loss every month ante nuvve calculating cheyyi...avg income 80k esko
 |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1356
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:32 pm: |
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Kubangesh
Pilla kaayala saduvulaki elaa plan chesaavu?
did both of them end up with tuiton waivers and scholarships.. |
Farex
Mudiripoyina Bewarse
Username: Farex
Post Number: 16346
Registered: 10-2010
Posted From: 76.220.127.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:31 pm: |
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Entrepreneur:
financial planning lo eppudu edho velithiga unte problem naaku idhenemo. inthavaraku no IRA, no 401K or retirement planning 
antha India yeee annatu bathukuthunna,,,eppatikaina India vellipodham ane alochanalo......maanchi business set ayithe jump jilani annattu undhi present mind set
Jagamanthati Kutumbham Nadhi
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1355
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:30 pm: |
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Gochi baa
mee company entha match chesthundhi? my company does upto 4% of the gross..
I wont expect u would have lost much unless u r in the high pay bracket (>=150K) and company is matching more than 4 % |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82410
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:30 pm: |
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Entrepreneur:thumb rule year ki 17,500 for each
idedo baane undi...but 17,500 iddariki kalipi ante ok...after 20 years you should be having around 350k plus returns..
per each 17,500 ante vaachipoddi,no 401k match for my wife..
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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8384
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:30 pm: |
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Gochi:
I have no plan and I honestly think that I need to work until drop dead.
Ignorance is bliss
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1354
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:29 pm: |
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esscuseme thammudannai
my 401k is with FIDELITY
if i give you my options can u tell me which are stock and bond funds? |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82409
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:28 pm: |
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Esscuseme:one thumb rule is 110 - (your age) in stock funds and rest bond funds.
artham kaala...ante ippudu 35 age aithe what does 110-35= 75 mean...is it percentage? of what? |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1386
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:26 pm: |
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Farex:
farex annai nuvvu independent consultant vi kadha SEP IRA year kummesi untav kadha |
Esscuseme
Kurra Bewarse
Username: Esscuseme
Post Number: 1199
Registered: 03-2005
Posted From: 216.113.168.128
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:24 pm: |
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Bewarsegadu:
one thumb rule is 110 - (your age) in stock funds and rest bond funds.
stock funds (80% domestic funds, 20% international funds) |
Musicfan
Celebrity Bewarse
Username: Musicfan
Post Number: 47356
Registered: 05-2004
Posted From: 134.244.2.131
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:23 pm: |
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Stylestar:rest either invest or enjoy with vacations..
illu, pillala education, retirement ki iste inka migiledenti, emi petti tinala? malla vacation inkoti..
Racegurram Audio Review
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Farex
Mudiripoyina Bewarse
Username: Farex
Post Number: 16345
Registered: 10-2010
Posted From: 76.220.127.55
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:21 pm: |
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Entrepreneur:.u lost lot of money...this is literrally free money...glad u started atleast now....
Jagamanthati Kutumbham Nadhi
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Esscuseme
Kurra Bewarse
Username: Esscuseme
Post Number: 1198
Registered: 03-2005
Posted From: 216.113.168.128
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:20 pm: |
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Tokkalodi:
If the combine gross income is more than $180k still roth ira can be done. Its called backdoor roth ira. contribute to traditional non-deductible ira (no income limits) and then very next day convert to roth ira (again no income limits to convert). |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1351
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:13 pm: |
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Style Star baa
Please share ur inputs
401k lo risk factor elaa handle cheyyaali manam?
Also colleges ki 529 thappa inkemanna options unnaaya? |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2523
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:08 pm: |
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My best advice and i feel is if you are going live in US better look for security.
Life Ins. / Retirement / College Funds and with the rest either invest or enjoy with vacations.. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2522
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 3:06 pm: |
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Gochi:so first need is Tution and then retirement...ofcourse rendu parallel ellaalanukondi
try to contribute the max you can afford and allowed.. you have to go % basis on risk.. earlier more aggressive and less conservative.. the closer to retirement/college move the funds vice versa.. slow change as years progress.. |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1349
Registered: 03-2013
Posted From: 65.198.163.148
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:44 pm: |
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Gochi baa
AMWAY Or quick star chesunte ee paatiki retire ayii koorchoni tinundochu...
on a serious note:
401k and few LIC policies back in india.. avi thappinchi peddagaa emi cheyyaledhu
Pilla kaayala college ki plan valla pedda use undadhu annaru..
Share market lo emanna invest chesaava?
mana KUBANGESH annai emanna inputs isthaademo wait chedhaam |
Kingchoudary
Censor Bewarse
Username: Kingchoudary
Post Number: 91817
Registered: 03-2004
Posted From: 195.240.111.87
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:42 pm: |
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Ok wrong thaduloki vachithinaa sari.... |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82408
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:38 pm: |
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Entrepreneur:what is ur 401 account
Mass Mutual vaadu manage chesthaadu..endulo invest chesthaado theleedhu...evo options unnaayi select chesaa |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1385
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:34 pm: |
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Gochi:for 7 years I lost all the money that company was matching ippudu lekkesukunte gunde gulabjam avuthundi
both of u working kadha...it is a blunder...
ok forgot the past
thumb rule year ki 17,500 for each max this for 401k first put it mutual funds...what is ur 401 account
vanguard?
fidelity?
Do AAP planning(Asset Allocation Planning) some awesome info is in r2iclubforums for aap planning check them |
Tokkalodi
Pilla Bewarse
Username: Tokkalodi
Post Number: 911
Registered: 10-2006
Posted From: 155.39.88.241
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:33 pm: |
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goss baa.. Fixed deposits waste in USA. the returns will be < 1%.
stocks or bonds will perform reasonably well over long time. so better invest in stock market (atleast some part of money) |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1384
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:32 pm: |
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Gochi:US lo for example even 401k is dependent on how bonds/stocks perform...alaa stocks meedha dependency lekundaa guaranteed return ochevi emanna unnaaya...like Fixed deposits in India...SBI lo esaamante wetcloth esukovacchu..aa type.
gochi mama google btdb threads...in that gaali recommended some good fidelity funds...i posted similar threads before |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82407
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:32 pm: |
|
Entrepreneur:.u lost lot of money...this is literrally free money
avunu maastaaru...for 7 years I lost all the money that company was matching  ippudu lekkesukunte gunde gulabjam avuthundi..around 30k.. |
Tokkalodi
Pilla Bewarse
Username: Tokkalodi
Post Number: 910
Registered: 10-2006
Posted From: 155.39.88.241
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:31 pm: |
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avunu goss baa. you don't need to pay taxes on roth ira earnings. but make sure the combines gross income is < 180k. otherwise you are not eligible.
401k is the best option if your employer is offering this plan
521 me state plan ee avasaram ledu. ee state plan lo aina invest cheyyochu unless your state is offering some tax benefits |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82406
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:30 pm: |
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US lo for example even 401k is dependent on how bonds/stocks perform...alaa stocks meedha dependency lekundaa guaranteed return ochevi emanna unnaaya...like Fixed deposits in India...SBI lo esaamante wetcloth esukovacchu..aa type.. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 1383
Registered: 05-2011
Posted From: 24.130.197.214
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:30 pm: |
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Gochi:just oka 3 months back 401k start chesaa..
nee yenks...u lost lot of money...this is literrally free money...glad u started atleast now.... |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82405
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:28 pm: |
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Tokkalodi: you don't need to pay any taxes
already tax kattesaakane deposit avuthundi kaabatti malli no tax enti..ante for appreciation we dont pay tax anaa....
5-2-1 edo baane undi..let me check if its there in PA |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82404
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:26 pm: |
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Stylestar:US lo undipoye lekka ayithe.. you have to plan for retirement
adhe kadhaa bokka anthaa...sagam jeevitham manam india lo untaamo US lo untaamo theleekundaane uncertainity tho gadipesthaam..thats why I never started 401k...now decided that whatever happens I want to stay here..so ippudanna anni moosukuni start cheskovaali...so the plans suggested should be something like withdrawable(with penalty is also ok) at any point of time....also retirement kante mundhu kids education ochesthundi,in another 10-12 years..so first need is Tution and then retirement...ofcourse rendu parallel ellaalanukondi |
Godfather
Bewarse Legend
Username: Godfather
Post Number: 75232
Registered: 03-2004
Posted From: 83.89.94.127
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:26 pm: |
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Mundu ohh simple pani cheyi.. Nellaki koncham money nee every month edana pension fund lo esuko.. Tax benefits kooda vuntayi aa savings kee.. |
Tokkalodi
Pilla Bewarse
Username: Tokkalodi
Post Number: 909
Registered: 10-2006
Posted From: 155.39.88.241
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:26 pm: |
|
roth ira after tax.. so you don't get any tax benefit now.. but after 65 yrs, all money is yours. you don't need to pay any taxes
521 is education plan for kids. you may not (may depending on the state) get tax benefit now but all the earnings are tax free if the income is used towards education. you can use this money for you, your kids or grand kids etc. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2521
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:21 pm: |
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Gochi ba.. US lo undipoye lekka ayithe.. you have to plan for retirement.. india lo la kadhu.. think once you stop earning.. the income and especially health insurance.. |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82403
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:20 pm: |
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Tokkalodi:also explore Roth IRA (combined income must be < 170k)
and 521 plan for kids.
brief gaa rendu mukkallo cheppavaa,like how do these work...googling kooda chestha but highlevel idea kosam |
Tokkalodi
Pilla Bewarse
Username: Tokkalodi
Post Number: 908
Registered: 10-2006
Posted From: 155.39.88.241
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:19 pm: |
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nenu kooda same boat gosayya..
also explore Roth IRA (combined income must be < 170k)
and 521 plan for kids. |
Stylestar
Kurra Bewarse
Username: Stylestar
Post Number: 2520
Registered: 01-2009
Posted From: 65.51.27.62
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:19 pm: |
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the earlier you start the more gains you get. It's never late. |
Gochi
Censor Bewarse
Username: Gochi
Post Number: 82400
Registered: 07-2004
Posted From: 8.7.228.252
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 26, 2014 - 2:17 pm: |
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ki emi chesthunnaaru meeru...alaane pillala college tution ki emanna programs lo enroll ayyaara...
naa side nunchi nothing done till now,ippude starting to explore various avenues..just oka 3 months back 401k start chesaa...eppudo oka 5 yrs back chesundaalsindhi |
Archives - 2014