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  1. momopi

    Forsyth County has the fastest-growing Asian population in U.S.

    Forsyth County might have better weather (fewer extreme heat days) than inland areas of CA by 2050: https://www.maps.com/heat-gov-maps-monitor-and-forecast-extreme-heat-events-through-2050/ The Blue Ridge Mountain areas is predicted to have cooler temp.
  2. momopi

    Custodian Roth IRA account for kids

    In general, 529 plans reduce aid eligibility by up to 5.64% of the asset value, versus UGMA will reduce aid eligibility by 20% of the asset value. The $3 million calculation assumes $36,380.92 in her account at age 18 plus another 45 years of compounding interest. As soon as she is old enough...
  3. momopi

    Custodian Roth IRA account for kids

    I've been a Vanguard customer for over 2 decades and I'm inclined to agree. If you look at John Bogle's keynote at Bogleheads convention in 2018, he was still mentally sharp and kept a close eye on the company. Like James Sinegal (former Costco CEO & Co-Founder), even in retirement, nobody...
  4. momopi

    Stock picks

    Buffett has a long and profitable relationship with GEICO. But before Buffett there was Benjamin Graham, who bought 50% of GEICO in 1948 for $712,000. Graham became the chairman of GEICO and by 1972, the investment had grown to $400 million in value. Buffett was rejected by Harvard and opted...
  5. momopi

    Custodian Roth IRA account for kids

    I figured out the issue with accessing the "Excess Removal" form online. For whatever asinine reason, when you click on the link to access the form it dumps you to the "Excess contributions, recharacterizations and Roth conversions" page and by default, there is no form or document displayed...
  6. momopi

    Custodian Roth IRA account for kids

    Going further down the rabbit hole... So the Vanguard Retirement Group could not perform the excess removal until the funds has settled. I had to wait until today to call back and make the excess removal request. The Retirement Group support person filled out an excess removal form and send...
  7. momopi

    Looking for 24” wide 6” deep tall bookcase

    I’m looking for a skinny tall bookcase, 24” wide and 6”-ish deep. The IKEA ones are 9” deep. I remember they used to sell thin bookcase for paperbacks. Please let me know if you’ve seen one for sale somewhere.
  8. momopi

    Stock picks

    Why does the US government subsidize the car industry? When you count tax revenue from activities related to car industry - sales, parts, service, worker's paychecks (9.6 million jobs), company revenue, etc., the industry contributes >$110 billion to State and >$126 billion to Federal tax...
  9. momopi

    Custodian Roth IRA account for kids

    I have a 529 account for my daughter at Vanguard, which actually has a decent selection of investment options: https://investor.vanguard.com/investment-products/list/529-portfolios I skipped right over the target date funds and put 100% into index fund. As she gets older and closer to college...
  10. momopi

    Custodian Roth IRA account for kids

    Couple weeks back, I submitted an application to open a custodian Roth IRA account for my daughter at Vanguard. However, after speaking with my accountant, she informed me that the account can only be funded by my child's "earned income" and money given to her for doing chores (folding laundry)...
  11. momopi

    Burger Thread

    ^^^ for $10.99 you get the sandwich/burger, choice from 14 different sides, a drink, and soup or salad.
  12. momopi

    Burger Thread

    https://finance.yahoo.com/news/chilis-takes-aim-fast-food-130000299.html Chili's® Takes Aim at Fast Food by Introducing the Big Smasher Burger as Part of Its 3 For Me Menu PR Newswire Mon, Apr 29, 20244 min read Making one of the best deals in dining even better, the grill & bar's 3 For Me...
  13. momopi

    How soon until Bitcoin crashes?

    There's a stark difference between how long a billionaire might serve in prison if they retained their net worth, versus "former" billionaires like Sam Bankman-Fried. Michael Milken, Jay Y. Lee (Samsung), S. Curtis Johnson, and CZ (Changpeng Zhao) all served short sentences and retained their...
  14. momopi

    Stock picks

    At what point is INTC a cigar butt worthy of being picked up?
  15. momopi

    Stock picks

    Despite being profitable, Intel is getting trashed by the press right now…
  16. momopi

    Stock picks

    I scored more TSLA shares at $140.60 and $140 on 4/22 open before the rebound. There's a lot of confusion between shelving the $25k model 2 vs new cheaper cars built on existing model 3 platform, will have to see how this one plays out as their profit margin per car sold has already gone down a...
  17. momopi

    Get Your Real Estate Settlement Payout

    I think only the seller is eligible. :(
  18. momopi

    Burger Thread

    I went to Applebee's and ordered the "whole lotta bacon burger" for $10. There's a wide selection of sides, some premium ones cost $2 extra. Like the title says the burger does indeed have fair amount of bacon added. Both quality and quantity is acceptable, if you don't want beef you can opt...
  19. momopi

    Get Your Real Estate Settlement Payout

    I submitted claims on 2 sales. Fingers crossed!
  20. momopi

    Stock picks

    Yes, my buy order at 150 executed. Have more at 145-140-135-130-125-120.
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