Search found 1485 matches

by archbish99
Wed Sep 02, 2015 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Chip credit cards, do I need to get a PIN?
Replies: 37
Views: 1809

Re: Chip credit cards, do I need to get a PIN?

Although they advertised it as "Chip & Pin" functionality, I still had to sign the receipt in stores and restaurants unfortunately. Goes back to the cards (and machines) having both capabilities and preferences. Sounds like your card supports PIN, but ranks Signature higher in what it...
by archbish99
Tue Sep 01, 2015 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Chip credit cards, do I need to get a PIN?
Replies: 37
Views: 1809

Re: Chip credit cards, do I need to get a PIN?

The chip by itself reduces the risk of skimming, which inhibits a lot of "card-present" fraud. Rather than static information, the card generates one-time-use information for each transaction, so a duplicate card can't be created by a skimmer. However, it obviously does nothing for card-no...
by archbish99
Tue Sep 01, 2015 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Roth conversion
Replies: 6
Views: 238

Re: Question about Roth conversion

You can also recharacterize part of the conversion back to Traditional any time until the tax filing deadline. Convert the whole thing, do your taxes next year, and if the conversion crosses into the 25% bracket, call and recharacterize however much crossed over. Then wait the required length of tim...
by archbish99
Tue Sep 01, 2015 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chip credit cards, do I need to get a PIN?
Replies: 37
Views: 1809

Re: Chip credit cards, do I need to get a PIN?

Machines and cards each have a preference order between Chip-and-PIN, Chip-and-Signature, and Stripe-and-Signature. The card and the terminal negotiate, basically. When I was in Europe, many folks swiped the card, and the machine said to insert the card instead. (Some inserted the card and the machi...
by archbish99
Sun Aug 30, 2015 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Books to help a couple working out a budget
Replies: 32
Views: 2121

Re: Books to help a couple working out a budget

I'll second the suggestion for YNAB (youneedabudget.com) and pile on the suggestion for Dave Ramsey. They both have classes (YNAB free and online, Dave Ramsey paid and "live") that will help you figure out budgeting together. It does sound like the problem is much more around figuring out ...
by archbish99
Sun Aug 30, 2015 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: 401k loan
Replies: 12
Views: 753

Re: 401k loan

We've had previous threads on 401k loans. My wife and I have taken them out before for various reasons. In short -- the loan acts within your 401k as an individual bond with a fixed interest rate and an interest rate whose credit quality only you know. It acts outside the 401k as an ordinary loan --...
by archbish99
Thu Aug 27, 2015 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Joint finances and cash management
Replies: 38
Views: 2814

Re: Joint finances and cash management

We married younger with basically nothing, took about two months to open a new account and merge everything into one account. It helps that we are both for the most part on the same page with our spending habits, never had a his or her pile of cash/fun money etc. One of the benefits of starting out...
by archbish99
Wed Aug 26, 2015 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake, how do I make the best of it? [Tax gain harvesting]
Replies: 18
Views: 2303

Re: I made a mistake, how do I make the best of it?

If you wait more than a year and there still are gains they would be treated as LTCGs which have better tax treatment than STCGs. The exception is if you reinvest the dividends into the same funds they could be STCGs since they will be invested less than a year. Yes, if the market tanks even furthe...
by archbish99
Mon Aug 24, 2015 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale and IRA interaction
Replies: 15
Views: 1127

Re: Wash sale and IRA interaction

The wash sale is created by the replacement shares. Selling the replacement shares does not eliminate the wash sale, it is just a method of recouping the loss through realizing the basis increase that applies to the replacement shares in taxable. Since it is very clear that there is no basis increa...
by archbish99
Mon Aug 24, 2015 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Another "Is this a wash sale?" with quirks
Replies: 5
Views: 372

Re: Another "Is this a wash sale?" with quirks

Heh -- I guess I was more accurate than I knew in calling this Another "Is this a wash sale?" thread!

I'll read and direct all commenters to the other threads.
by archbish99
Mon Aug 24, 2015 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Another "Is this a wash sale?" with quirks
Replies: 5
Views: 372

Another "Is this a wash sale?" with quirks

A wash sale occurs if substantially identical shares are purchased in the same or another account within 30 days before or after a taxable sale at a loss. However, it does not apply if the substantially identical shares are sold as part of the same transaction, because those shares can't be "re...
by archbish99
Sun Aug 23, 2015 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: What is Your Plan B if Quicken dies? [Intuit selling Quicken unit]
Replies: 56
Views: 5686

Re: What is Your Plan B if Quicken dies?

Indeed. That's my reaction to two decades of data.... Might be interesting for analysis occasionally, but that's not what I need day-to-day. The daily needs are present -- what money I have (balances) and what I plan to do with it (budget). Yes, at tax time, you need the previous year's data to sort...
by archbish99
Sat Aug 22, 2015 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need Investment Advice Please
Replies: 7
Views: 652

Re: Need Investment Advice Please

Okay, there's a good bit here, so I'll offer a few general comments and hope the bump gets you some other replies, too.... You have ten years left to retirement -- 80% stocks seems a little aggressive for your age, but with only $360k your advisor may be right that you would have to take more risk t...
by archbish99
Sat Aug 22, 2015 10:05 am
Forum: Personal Finance (Not Investing)
Topic: What is Your Plan B if Quicken dies? [Intuit selling Quicken unit]
Replies: 56
Views: 5686

Re: What is Your Plan B if Quicken dies?

Moved from Quicken to YNAB several years ago. YNAB was a much better fit for the workflow I was already trying to do in Quicken.
by archbish99
Fri Aug 21, 2015 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my mother's AA - NOW deciding to ditch her advisor!
Replies: 29
Views: 2417

Re: Help with my mother's AA within confines of her advisor

Also note that Vanguard is notoriously bad about dealing with PoAs. (There are other threads.) For example, they have had a long-standing policy of honoring only their own Agent Authorization, not general PoAs as you have. Recent Pennsylvania law changes impose an obligation to honor PoAs now, but s...
by archbish99
Fri Aug 21, 2015 10:19 am
Forum: Investing - Help with Personal Investments
Topic: How often fund managers rebalance components of lifestrategy fund?
Replies: 6
Views: 510

Re: How often fund managers rebalance components of lifestrategy fund?

A safe conclusion would be to emulate them, yes -- rather than making new investments or withdrawals in line with your target allocations, use them to move your allocation back to what it should be, buying what's underweight or selling what's overweight. That will minimize how often you need to actu...
by archbish99
Thu Aug 20, 2015 11:54 am
Forum: Personal Consumer Issues
Topic: Attic Fan & Noise Ordinance
Replies: 35
Views: 2705

Re: Attic Fan & Noise Ordinance

Seems to me the fan is likely only annoying at night. I suspect prior to your thermostat you either left it on all night, or never had it on at night. I bet the change of sound caused by the fan starting is waking them. Fans aren't white noise at start-up. Only once the ear adjusts to them being on...
by archbish99
Thu Aug 20, 2015 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Should I make $77,500 in make-up 401k contributions?
Replies: 11
Views: 2246

Re: Should I make $77,500 in make-up 401k contributions?

In general, I would contribute to Traditional anything that falls in the 25% tax bracket and switch to Roth for anything in the 15% tax bracket. Assuming you're not locked in to all one or all the other, you can approximate the split and tune year-to-year with current-year contributions.
by archbish99
Wed Aug 19, 2015 11:46 pm
Forum: Personal Consumer Issues
Topic: Attic Fan & Noise Ordinance
Replies: 35
Views: 2705

Re: Attic Fan & Noise Ordinance

We had a contractor who's done some work for us before come in and take a look. He says that our "attic fan" looks like it's the old fan out of a furnace, and given the general idiocy of our house's previous owners, I wouldn't put it past them to have done just that. He's going to give us ...
by archbish99
Wed Aug 19, 2015 1:23 pm
Forum: Personal Consumer Issues
Topic: Attic Fan & Noise Ordinance
Replies: 35
Views: 2705

Re: Attic Fan & Noise Ordinance

Well, one "note" was to complain about the fan last week, and the second note was thanking us for the apple bread which we included with our reply. Our reply was also by note, since they weren't home when I went over. They came over yesterday afternoon while I was at work, noise ordinance ...
by archbish99
Wed Aug 19, 2015 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Noob question on cost basis
Replies: 5
Views: 543

Re: Noob question on cost basis

Some will advocate purchasing fewer lots because it increases the complexity of tracking your cost basis. The fact that brokers are required to track and report the cost basis on your behalf makes this much less of a burden -- though you're still responsible for verifying that their numbers are inde...
by archbish99
Wed Aug 19, 2015 12:29 am
Forum: Personal Consumer Issues
Topic: Attic Fan & Noise Ordinance
Replies: 35
Views: 2705

Re: Attic Fan & Noise Ordinance

You probably need to describe the situation better to get a decent response. Are you in a condo? House? 2-story? Is your building attached to the neighbor (duplex)? How far, approximately, from the fan location to the neighbor's house/windows? Does the fan face directly towards the neighbor? How bi...
by archbish99
Tue Aug 18, 2015 8:15 pm
Forum: Personal Consumer Issues
Topic: Attic Fan & Noise Ordinance
Replies: 35
Views: 2705

Attic Fan & Noise Ordinance

Our house had an attic fan when we bought it, so no clue how old it is (bought house in 2008). A few years ago, we added a thermostat to make it automatic, so it wasn't on/off 24-7. (Mostly off, because the climb into the attic is a pain.) This summer, we've started getting unhappy notes from the ne...
by archbish99
Tue Aug 18, 2015 4:22 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

I upgraded about a week ago. I like it for the most part, but I have one major problem. About 40% of the time when I turn on my laptop (4 year old HP) or awaken it from sleep it won't connect to my wifi. It can see the signal and shows that its full strength, but for some reason won't connect. When...
by archbish99
Sun Aug 16, 2015 11:48 am
Forum: Investing - Theory, News & General
Topic: Build Your Own Robo-Advisor
Replies: 21
Views: 2424

Re: Build Your Own Robo-Advisor

Or, in my parents' case, by their son using a spreadsheet. Zero effort for them, tiny fraction of the cost. :wink:
by archbish99
Sun Aug 16, 2015 11:40 am
Forum: Investing - Help with Personal Investments
Topic: After Tax Distribution Question
Replies: 4
Views: 430

Re: After Tax Distribution Question

However, my wife contributed the remaining 1/4 amount of our after tax total and she separated from the company several years ago, so that's the downside. That's not possible, which implies there are some salient details you've left out. IRAs are Individual Retirement Arrangements, and 401k plans a...
by archbish99
Sun Aug 16, 2015 11:35 am
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2676

Re: Can a bill dispute ruin our credit?

I don't believe you can go to small claims court as a plaintiff, because you're not asking for anything. They want something, and you're trying to say they're not entitled to it. That makes you the defendant, if/when they take you to small claims court. I'd be inclined to send them a letter (maybe c...
by archbish99
Sat Aug 15, 2015 9:18 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

...what I don't know is whether I can activate this on a fresh install with only a windows 7 pro license key. I'm hoping I don't need to do a full windows 7 install, followed by a windows 10 install. I did some googling and I'm seeing conflicting answers. (I do have a windows 7 pro DVD, but I'm hop...
by archbish99
Sun Aug 09, 2015 7:38 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

However, Windows 10 insists on updating drivers to versions that just don't work on my laptop. Two-finger scrolling on my touchpad only operates in the reverse direction and changing the setting has no effect. Unplugging the laptop makes the display's refresh rate switch from 60 Hz to 40 Hz. Wi-fi ...
by archbish99
Thu Aug 06, 2015 1:42 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

I've had Windows 10 for a number of days now and have had no issues but for my inability to get the VLC media player icon into the side bar on what passes for the Metro screen in Windows 10. "All Apps" does not include all apps and for some reason (I can use the desktop icon) this annoys ...
by archbish99
Wed Aug 05, 2015 6:57 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

I purchased a MAK key from a supplier for TaxAide. I also have a MAK key for my personal use that I purchased myself (2 machines). I am only using the personal one on one machine right now. I was hoping I might be able to use the second instance to try W10 in a VM. We won't be using W10 on TaxAide ...
by archbish99
Mon Aug 03, 2015 9:15 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

Do you know how this works with a MAK keys? I have a MAK key for 10 devices (10 licenses, one key). Can I use an un-used install for W10 without causing problems for existing W7 installations? Multiple-activation keys are usually from a volume-licensing program, which isn't eligible for the consume...
by archbish99
Fri Jul 31, 2015 3:48 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

^Auto-updates only applies to the home edition. The Pro version will allow you to selectively update. Personally, this is a deal breaker for me. I've been burned enough by Window updates. I only want security updates. Not quite.... No edition of Win10 allows "selective updates" the way yo...
by archbish99
Wed Jul 29, 2015 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 43
Views: 5355

Re: YNAB a good subsitute for Quicken?

That would work. does the mobile app have the full features of the desktop app? Can I just install the desktop app on my home PC for initial setup, then use the iPhone app from then on? I think on smaller screens, the app is mainly for checking balances / real-time transaction entry. IIRC, the tabl...
by archbish99
Wed Jul 29, 2015 4:17 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29439

Re: Free Windows 10 Upgrade, Yes or No?

I do indeed "check" every update, it isn't that hard, what others do regarding updates is their business. If it was only limited to security updates I think I could probably live with that, but it is not and that crosses the line for me. That makes you very atypical for the majority of us...
by archbish99
Wed Jul 29, 2015 4:03 pm
Forum: Personal Consumer Issues
Topic: Windows 10 & Microsoft Money
Replies: 6
Views: 3931

Re: Windows 10 & Microsoft Money

Microsoft is aware and a fix is coming in the next few weeks. No need to hack the registry.

And personally, I'd recommend giving YNAB a try in the time it'll take for the update to roll out. :wink:
by archbish99
Wed Jul 29, 2015 3:47 pm
Forum: Personal Consumer Issues
Topic: Can you return food at a restaurant and not have to pay for it?
Replies: 46
Views: 4505

Re: Can you return food at a restaurant and not have to pay for it?

Almost never -- only when it's a clear error on the part of the restaurant. I don't eat pork. One restaurant we ate at offered a calzone on the menu with pepperoni, green peppers, and onions. I asked if they could make it without the pepperoni, and the waiter assured me they could so I ordered that....
by archbish99
Fri Jul 03, 2015 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 43
Views: 5355

Re: YNAB a good subsitute for Quicken?

I'd argue that forecasting like you describe doesn't really belong in budgeting software. It's not "real" money. It's money that you hope to have, if everything goes exactly the way you plan -- and when has that ever happened? YNAB intentionally doesn't go there -- you deal exclusively wit...
by archbish99
Fri Jun 26, 2015 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: tap IRA to pay off CC debt?
Replies: 31
Views: 3354

Re: tap IRA to pay off CC debt?

It sounds like you have more general issues with personal finance than the question of how, optimally, to pay off the debt. Start by getting on a solid budget plan, setting aside reserves for those things that "usually" surprise you, so you don't need to borrow again. You've got the debt a...
by archbish99
Thu Jun 25, 2015 10:15 pm
Forum: Personal Consumer Issues
Topic: FatWin and Dealer "Challenge"
Replies: 6
Views: 1313

FatWin and Dealer "Challenge"

Received a flyer from a local car dealership with a scratch-off code, and (of course) the code matched what was supposed to be a winning number. The brochure has lots of supposed prizes (two Jeep Grand Cherokees as the grand prize, $10k cash, etc.), but of course, the prize redemption web site says ...
by archbish99
Thu Jun 25, 2015 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Power of attorney
Replies: 62
Views: 5695

Re: Power of attorney

In case it hasn't been clearly pointed out yet, a POA means nothing after death. Once the principal has died, all authority passes to the executor of the estate.
by archbish99
Mon Jun 22, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: Rebalancing and CDs in a Market Crisis
Replies: 7
Views: 1292

Re: Rebalancing and CDs in a Market Crisis

Compare to brokered CDs, which you actually can sell, albeit with large spreads. A CD is a bond, no more, no less; it's a government-backed bond (FDIC, so same payer risk as Treasury) with some call risk (which doesn't exist on the Treasury). Brokered CDs can be sold, which makes this obvious; direc...
by archbish99
Mon Jun 22, 2015 9:35 am
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3404

Re: SS bennies

I had that happen. I don't know if this is what happened with yours or not but when I was searching through my SS account, the last year showed up as "0" income. I kept waiting for them to list it correctly but it never happened. When I called about it, it turns out that because I didn't ...
by archbish99
Sun Jun 21, 2015 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate bonus from work
Replies: 11
Views: 1685

Re: Where to allocate bonus from work

There isn't a credit for paying student loan interest, just a deduction. Paying interest for the deduction makes zero sense -- you pay $100 in order to reduce your taxes by $25? Adjust the interest rate for the tax deduction, sure, but it's still debt and the interest still costs real money. Same go...
by archbish99
Sat Jun 20, 2015 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Issuing a single $590 payment to avoid 1099 reporting
Replies: 13
Views: 1836

Re: Issuing a single $590 payment to avoid 1099 reporting

Despite some ongoing discussion of anti-structuring laws, I think you're safe. Of course, should you employ the same person in two different shows in the same year, you still trigger it.
by archbish99
Sat Jun 20, 2015 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2215

Re: Question regarding sharing an inheritance:

You and your wife can each gift each of them $14k/year without paying gift tax or using your lifetime exemption. One option would be a revocable trust which makes the annual exclusion gift each year for the remainder of your life/lives. Or cut into your lifetime exclusion, if you won't need it all, ...
by archbish99
Fri Jun 19, 2015 11:50 am
Forum: Personal Finance (Not Investing)
Topic: ESPP vs HSA
Replies: 10
Views: 1017

Re: ESPP vs HSA

We've done the buffer approach, and it works fine. That's actually how we got up to putting the maximum into the ESPP, by creating a buffer for the amount we couldn't afford yet. Main drawback is when the stock price drops just after you get it -- hold out in an attempt to sell it at the purchase FM...
by archbish99
Tue Jun 16, 2015 9:54 am
Forum: Investing - Theory, News & General
Topic: Sell MF before dividend
Replies: 6
Views: 593

Re: Sell MF before dividend

No, because in your pair of examples, money changes hands. In the OP's case, the money is already his either way. If gains are LT, probably doesn't matter, but slightly better to sell before the dividend in case some of it weren't qualified. (Unlikely, I suspect.) If gains are ST, wait and get the d...
by archbish99
Mon Jun 15, 2015 4:09 pm
Forum: Investing - Theory, News & General
Topic: Is Paying Commissions Bad?
Replies: 22
Views: 3272

Re: Is Paying Commissions Bad?

The argument of fee-based versus commission-based really comes down to whether the amount of effort varies based on the size of the portfolio (or house, or whatever). There's not substantially more work or knowledge involved in managing a $15M portfolio versus a $1.5M portfolio versus a $150k portfo...
by archbish99
Sun Jun 14, 2015 12:41 pm
Forum: Personal Consumer Issues
Topic: Where do you keep your to do list?
Replies: 60
Views: 5775

Re: Where do you keep your to do list?

I've become a fan of Kanban for my personal work backlog. While I'm sure there are good apps for it, I've wound up just using stickies on one wall of the office, and that has worked really well for me.

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