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I decided to buy hosting and a domain name. My future posts can be found at


Posted June 10, 2015 by Fiby in Uncategorized

I Have Unrealized Long Term Capital Gains!   Leave a comment

Hello everyone!

It’s been a while since my last post. I’m the type of person that needs a routine to get stuff done. The day I break that routine, essentially nothing gets done until I start it again.

I think my goal of one post a day was far too much, so I’m changing it to 30 minutes a day. Which probably means one post every couple days, but we’ll see how it goes.

I have several mistakes in my previous posts that I will correct tomorrow. Today my objective is just to get back into the routine of writing blog posts.

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Posted June 6, 2015 by Fiby in Uncategorized

How to Properly fill out a W-4 (Paycheck Withholding Form)   1 comment

Whenever you start a new job, you are required to fill out a W-4, which will instruct your employer how much to withhold from your paycheck in taxes. Taxes are withheld from your paycheck because technically, you are supposed to pay your taxes (whether it is through withholding or estimated tax payments) in a timely manner (not all at the end of the year). The W-4 gives you two ways to adjust your tax withholding: claim allowances, which reduce the taxes withheld from your paycheck, and request additional money be withheld.

Now if you are single, have only one job, do not itemize your deductions, have no other source of income, and start the job at the beginning of the year, the questionnaire on the W-4 will probably result in the correct amount of tax withheld (recall that you want to end up with a refund of a big fat zero).

However, if you don’t meet all of these conditions, your withholding will almost certainly be wrong. But there is a way to calculate the correct amount of withholding! I’ll show you how through example.

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Posted February 4, 2015 by Fiby in Uncategorized

How Paycheck Withholding works   Leave a comment

Some people are misinformed about how paycheck withholding works. Today I’ll discuss two common misconceptions:

  • Overtime pay is taxed at a higher rate
  • Bonuses are taxed at a higher rate

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Posted January 29, 2015 by Fiby in Uncategorized

Dollar Cost Averaging vs Lump Sum Investing   Leave a comment

You can find many articles and blog posts on dollar cost averaging vs lump sum investing. This discussion is only relevant when you have a large lump sum that you want to invest, which generally occurs either when you are starting investing, or you receive a windfall from say an inheritance.

Lump sum investing – You invest the entire lump sum according to your Investment Policy Statement (IPS).

Dollar cost averaging – You invest your lump sum over a period of time, typically 6-12 months.

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Posted January 28, 2015 by Fiby in Uncategorized

Treat All Your Accounts as One Big Portfolio   Leave a comment

Sometimes I see people self impose limits on their asset allocation within each account, to their detriment. This is best illustrated by example.

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Posted January 27, 2015 by Fiby in Uncategorized

My April Vacation to Korea and Japan Booked with Miles!   Leave a comment

I’m going to interrupt this stream of finance oriented posts with the details of my award ticket for my upcoming vacation to Japan and Korea in April. One of the major things I want to do when I’m financially independent is travel the world (and keep the costs down while doing it). So “travel hacking” is one of the things that I have been strategizing for the past couple months, and now I have finally booked a major flight using miles (I have booked a short domestic flight on United before, but that’s not that exciting).

“Travel hacking” is the act of substantially reducing the costs of a trip through various means. The most common way is to utilize credit card signup bonuses – typically you are required to spend $1000-$3000 in the first three months after approval of certain credit cards to get the bonus. For higher end cards, this bonus can be 50,000 miles (or sometimes, even more). Sometimes you can get miles from bank accounts (though this is somewhat rare, and not used as often). Using credit card signup bonuses for airline miles and hotel points is the common way that people engage in travel hacking.

So today I’m going to explain how I got the miles I used for the flight, how much that cost me in both money and time, and some technical difficulties I had in booking.

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Posted January 26, 2015 by Fiby in Uncategorized