Setting up .netrc file on Mac OS X (Lion) for Git

Couple of days ago, I started using Google's code projects for Git as well. It required me to setup and use .netrc file. Here are steps I took:

1. CD to $HOME directory and typing on command line 
$ cd ~
2. Create .netrc file
$ vi .netrc
3. Add these line to .netrc
machine code.google.com login <username> password <password>
4. Set permissions "chmod 600 .netrc" to make sure that no one else is able to access this file
$ chmod 600 .netrc
5. Now, you should be able to push and pull from remote git repo without having to enter password every time.