Search found 84 matches

by 3spots
Fri Sep 15, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: "Luxury" Vinyl vs Laminate flooring?
Replies: 35
Views: 2671

Re: "Luxury" Vinyl vs Laminate flooring?

My kitchen has engineered hardwood. I needed to replace the carpeting in the rest of the house and opted for laminate. I got high end stuff, with the best under-layment. Bottom line: I don't like laminate. I can tell the difference in sound as i walk with heels. I can tell the difference in shine/pa...
by 3spots
Fri Sep 15, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: SS Spouse Benefit
Replies: 10
Views: 1637

Re: SS Spouse Benefit

In the second instance, wouldn't she get $800 from her husband rather than $500? Her spousal benefit is the greater of hers or 1/2 her husbands. 1/2 her husband is $1500, hers is 700 -- so don't they make up the difference to achieve $1500?

3spots
by 3spots
Thu Sep 07, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Chase Private Client, with a small twist
Replies: 18
Views: 1375

Re: Chase Private Client, with a small twist

I met with these guys -- not Chase, but bankers who would create a plan for me for free -- with the same intent (wary and non-commital). And I tell ya, once you do that it is so easy to get sucked in due to our desire to be nice and not offend. DON'T DO IT It really took a lot for me to tell these g...
by 3spots
Wed Aug 02, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help: Fidelity or Vanguard
Replies: 33
Views: 2535

Re: Help: Fidelity or Vanguard

I just moved to Fidelity while consolidating many accounts -- because I wanted a local office. I can't say enough of how pleased I am with the professional service and support for me, and I am self-directed. I really appreciate being able to see a human if I need too!
by 3spots
Tue Aug 01, 2017 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Any issues with rollovers from Fidelity to Vanguard?
Replies: 19
Views: 1369

Re: Any issues with rollovers from Fidelity to Vanguard?

I think mistakes like this happen when it gets complicated. I had Voya do a NUA on two stocks in my 401K. It has been 2 weeks and two "research" tickets and they are still not able to figure out what stock they gave me and it's cost basis. During the past two weeks I wanted to sell at a high -- lost...
by 3spots
Fri Jul 28, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1121

Re: Awarded stock; sell and diversify?

I am an example of not doing that (out of ignorance) and having it work out very well. I thought keeping company stock was a good idea in both RSU and in 401K -- after all, I was aware of what was going on in the company and had a feel for the future stability. Fortunately for me, I only worked at F...
by 3spots
Thu Jul 27, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

My answer to a similar dilemma was to donate the shares to Vanguard Charitable and not worry about trying to figure the basis. We took a big charitable deduction for that year, and it was the same year we sold some rental real estate with a lot of depreciation recapture. The bottom line was we save...
by 3spots
Thu Jul 27, 2017 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

I looked at the calculator and don't know half the values that I am supposed to input -- where did you find them and how do I find them? Thanks so much for showing me this! I figured there was something out there to help and found it by searching. Wish I knew what to input. I just guessed numbers! ...
by 3spots
Thu Jul 27, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 89
Views: 9670

Re: Best place to get eyeglasses / no vision insurance

FWIW, the optometrist at Costco is not part of Costco -- they are an independent business. You don't need to be a Costco member to use them. I have been to several optometrists and he is my favorite. Costco Optical on the other hand -- not as good. More limited selection and I didn't find them helpf...
by 3spots
Thu Jul 27, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

Give this calculator a try and see if it's close to your estimate: http://www.costbasistools.com/splitoffs/splitoffs.php Be sure to print out a copy for your records! Account or owner name Name of split-off stock received Name of original stock Baxter International Inc/Deerfield IL-BAX Date of spli...
by 3spots
Tue Jul 25, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Financial Adviser Free !
Replies: 14
Views: 1955

Re: Financial Adviser Free !

I wish there was a "like" button. I feel the same. Such a wealth of smart generous people. Such a group of folks willing to ask questions no matter how crazy. A perfect educational soup!
by 3spots
Mon Jul 24, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain Capital Gains tax after retirement
Replies: 49
Views: 4577

Re: Please explain Capital Gains tax after retirement

Remember its taxable income that counts (AGI - PE - Std/Item deductions) If the 38K "basis" is your sole income, you can deduct approx. 10K for PE and Std deducion,leaving 28K and effectively moving 10K of any LTCG into the "0% bracket". I think I would until next year to sell more when you'll have...
by 3spots
Mon Jul 24, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Please explain Capital Gains tax after retirement
Replies: 49
Views: 4577

Re: Please explain Capital Gains tax after retirement

So interesting to read the different interpretations by smart people -- no wonder it is confusing. So here is mine: I took stock out of my 401K using NUA option and thus must pay taxes on te $38K cost basis. I am single with no other 2017 income. I don't think I can sell any of that stock without in...
by 3spots
Fri Jul 21, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 60
Views: 3148

Re: Commuters (that drive), what do you listen to?

35-40 min is considered a long commute, lol... I wish. I was commuting 2 hours one way -- glad that is over. in any case, i never liked books on tape, but I love Audible. I discovered I could not listen to any business books, or any educational books (my preference) as I either missed traffic or the...
by 3spots
Thu Jul 20, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Looking for some input on job offers
Replies: 7
Views: 615

Re: Looking for some input on job offers

My belief is that you can never go back. The reasons you left Company A are probably still there. I'd take the leap
by 3spots
Wed Jul 19, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just finished reading Boglehead's Guide to Investing
Replies: 18
Views: 1198

Re: Just finished reading Boglehead's Guide to Investing

That was the point but some are 70/30 and thinking they should be higher because of this bull market. In the very least then this type of behavior is discouraged on the forum. There are a lot of threads on appropriate asset allocations and the consensus seems to be that you should pick an asset all...
by 3spots
Wed Jul 19, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

My ex was maintaining records at that time, so I will need to talk to Computershare to get history, online statements don't go back that far. But I know the dividends have been in a DRIP program. I think I just need to see that the splits were credited in book form beginning in 2001. Figuring this ...
by 3spots
Tue Jul 18, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

At the time of the split in 2001, I would have expected that you would have been notified & either told the new shares would be issued only in book form or at least given that option. You're right about cutting the per share cost basis in half, although the total cost basis would stay the same. I b...
by 3spots
Tue Jul 18, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

Re: cost basis for certificated shares from 1990 - and 3 splits since

The split should be reflected on the books and records of the transfer agent. I'd check there to confirm it has been reflected properly. So the first split was 2 for 1 in the year 2001 -- would you expect that they would have credited my account with 336 more shares in book form, and my certificate...
by 3spots
Tue Jul 18, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 15
Views: 1049

cost basis for certificated shares from 1990 - and 3 splits since

I am struggling to wrap my head around the cost basis for my long held PHYSICAL/CERTIFICATED shares that I exercised options to obtain. I have 336 BAX shares issued in certificate form in 2000. At the time I purchased, share price was $66.50 and I paid $23.16, and paid the taxes on the difference ($...
by 3spots
Thu Jul 13, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 7172

90:10 AA - what don't you believe about it?

I wish I could find the thread that originally pointed to this article and thank that poster. The logic seems sound to me. It is a re-look at Buffet's AA advice of 90:10. If I understood it correctly, there was only a 2-3% failure rate of a 90:10 AA, but a 0% failure rate for 60:40 during the 30 yea...
by 3spots
Thu Jul 13, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10698

Re: % bogleheads of overall population

I don't know about others but I never browser Bogleheads while not logged in. I use a browser extension to open each thread link to the first unread post, and this is impossible if I spend any time browsing while not logged in. If I may ask, what browser and extension are you using? That would be a...
by 3spots
Wed Jul 12, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1296

Re: My new portfolio: how to invest remaining funds?

Hi Tyler - To wrap my head around it, I had to make a spreadsheet with two scenarios. I am starting with $2Mil Scenario #1 50% stock 30% Bond 20% Cash (so not counting cash it's a 60:40 AA) Scenario #2 70% stock 20% Bond 10% Cash (so not counting cash it's a 80:20 AA) (my tentative plan, lol) I assu...
by 3spots
Wed Jul 12, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating housing and longer commutes
Replies: 20
Views: 1321

Re: Evaluating housing and longer commutes

Thoughts 1. If the commute was for a higher paying job, sticking it out for 18 months and then job-hopping might be a career salary boost. Hard to get 15% raises staying with same company. Might be worth the pain. 2. If the commute became too much, is there any other industry nearby that they could ...
by 3spots
Wed Jul 12, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1296

Re: My new portfolio: how to invest remaining funds?

I might not be following the a"safe stuff flaw" you described. I assume cash is as safe as bonds, so you are suggesting that 20% cash is not enough to weather a downturn, even if it does represent 4 years of expenses? A 60:40 allocation would be $800k for me, or about 8 years of expenses. That seems...
by 3spots
Tue Jul 11, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Makeover
Replies: 6
Views: 395

Re: Portfolio Makeover

You sound a little like me -- except I had about 50 funds at Wells Fargo in a 500k account and was paying $6K/year with much less growth than you. I opted to consolidate everything at Fidelity. I want to self-manage, so having a local office was important to me. I work with a CFP advisor there and h...
by 3spots
Tue Jul 11, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1296

Re: My new portfolio: how to invest remaining funds?

Thanks for the feedback! It seems in line with what I was thinking I needed to do -- so that is good... a relief actually. Well, except the bond part. I just have a tough time because their yield/growth/return is so low... I was thinking a dividend fund was still low-risk: that they are better than ...
by 3spots
Mon Jul 10, 2017 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1296

My new portfolio: how to invest remaining funds?

Okay, I read, I switched a bunch of stuff around and this is where I am. A great improvement from 9 different accounts at 5 different brokerages and 50 different funds! Approximately $2.2M portfolio, but 90% heavily concentrated stock. As a result of consolidation I have cash to invest within my IRA...
by 3spots
Mon Jul 10, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best books for tax planning/strategy?
Replies: 6
Views: 1013

Re: Best books for tax planning/strategy?

I ordered, too! thank-you for the reference
by 3spots
Mon Jul 10, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5360

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Well, if you have a Habit restaurant nearby, their grilled chicken salad is my favorite. It is unbelievably fresh -- not what you'd expect from a great hamburger place!
by 3spots
Sun Jul 09, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best books for tax planning/strategy?
Replies: 6
Views: 1013

Best books for tax planning/strategy?

I didn't notice any in the Suggested Reading.

I could use basic tax strategies -- like I am reading in the "zero taxes" thread. Is there a book that folks recommend?

Thanks in advance,
3spots
by 3spots
Fri Jun 30, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Computershare
Replies: 20
Views: 4000

Re: Computershare

Gosh, don't get me started on Computershare. They are basically snail mail on everything. I tried to move my shares to Fidelity. Couldn't figure it out on the website -- finally thought '"well maybe they think it's a withdrawal?" I selected that option, paid $25 fee, and thinking the next page would...
by 3spots
Mon Jun 19, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Good camera - new baby coming
Replies: 64
Views: 4493

Re: Good camera - new baby coming

I am a bit of a camera buff, and my all-time-favorite, better than my DSLR is the Panasonic Lumix FZ300. I take it everywhere despite it not being a pocket-sized camera. here is why: 1. Great in low light -- has a consistent F2.8 through an incredible zoom range to 600mm 2. No interchangeable lenses...
by 3spots
Thu Jun 15, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Am I too far into the rabbit hole? (email with Gmail)
Replies: 29
Views: 4312

Re: Am I too far into the rabbit hole? (email with Gmail)

Curious - do they all stay synched? I only use a laptop and phone, no other devices. On my laptop, I access Fastmail through a browser, not an email client. On my phone, I access my mail through K-9. Everything stays in sync. With respect to Dropbox, I have a folder on my laptop that constantly syn...
by 3spots
Wed Jun 14, 2017 10:52 pm
Forum: Personal Consumer Issues
Topic: Am I too far into the rabbit hole? (email with Gmail)
Replies: 29
Views: 4312

Re: Am I too far into the rabbit hole? (email with Gmail)

CFM300 wrote:Migrate to Fastmail and Dropbox. Use K-9 Mail on your Android phone.


Curious - do they all stay synched?

3spots
by 3spots
Tue Jun 13, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Change brokerage account
Replies: 5
Views: 759

Re: Change brokerage account

Well, having just done it wrong -- don't go to Computershare and initiate the transfer from there. The "transfer" option doesn't do it, and I wasn't sure what the "withdraw" option did, but I clicked in to look, it said there was a $25 fee, I gave my credit card, and I expected a...
by 3spots
Thu Jun 08, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

[quote="Lafder"]This is a great example of why I prefer mutual funds to ETFs ! I am beginning to like them too now that I have looked up the equivalent Fidelity ones! Are you sure you want to change your % stock so much at once? I must be naive about it -- I feel like I left it in an AUM a...
by 3spots
Thu Jun 08, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

In an IRA, there is no tax on capital gains and losses. The only caution would be if you are changing to a much riskier portfolio; you might want to do that gradually. If you are currently 40% stock and want to go to 80% stock, you might change to a three-fund portfolio with 50% stock and increase ...
by 3spots
Thu Jun 08, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

You don't want to buy ETFs after hours. You can put in the sell orders for mutual funds tonight if you want. You don't have to worry about cost basis or gains/losses. You also don't want to buy at the open and close. See vanguards white paper on etf trading. m Oh, thanks for that! Let me go read......
by 3spots
Thu Jun 08, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

[quote="mhalley"]
http://www.vanguard.com/pdf/ISGETF.pdf
Any reason you want to go with ETFs instead of fidelitys mutal funds?

No reason other than I thought they were cheaper and did the same thing?
by 3spots
Thu Jun 08, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

In an IRA, there is no tax on capital gains and losses. The only caution would be if you are changing to a much riskier portfolio; you might want to do that gradually. If you are currently 40% stock and want to go to 80% stock, you might change to a three-fund portfolio with 50% stock and increase ...
by 3spots
Thu Jun 08, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Re: Changing IRA to 3 fund - do I just do it all tonight?

You don't want to buy ETFs after hours. You can put in the sell orders for mutual funds tonight if you want. You don't have to worry about cost basis or gains/losses. You also don't want to buy at the open and close. See vanguards white paper on etf trading. m Oh, thanks for that! Let me go read...
by 3spots
Thu Jun 08, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 1008

Changing IRA to 3 fund - do I just do it all tonight?

I rolled all my IRAs together at Fidelity and now I want to do a three fund to start -- I may change this in a month or two when I am more savvy, but I want to get out of what I am in (40-ish mutual funds). Can I just start selling them all tonight and then buying into the three funds ( ITOT, AGG, I...
by 3spots
Wed Jun 07, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

Adding on to what celia posted: Some things to remember about NUA: 1. You must take a lump sum distribution of the entire plan. The company stock must go into a taxable account to get the NUA treatment. Any other assets can be transferred to an IRA if your plan allows it. 2. You must not make any p...
by 3spots
Wed Jun 07, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

Despite checking that box at the bottom that is supposed to notify me -- I am not getting notified! So I would love to talk NUA with those that are willing. It still hasn't happened yet, but I am calling tomorrow to re-initiate -- Voya needed a letter from Fidelity saying they would accept funds and...
by 3spots
Sun May 28, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 4393

Re: When to start talking to older parents regarding their finances (and how to do it?)

I didn't see anyone mention Nolo Press book, "Get it Together" It is a workbook with a nice outline of all the information needed for your heirs: wills, burial info, accounts, personal wishes, final letter, etc. I got it for myself, but it might be a neutral way to bring it up with parents...
by 3spots
Sat May 27, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

You guys are such a remarkable wealth of information. My divorce was finalized in 2015, but for the last two years I just gave it to a CPA friend of friend, so I didn't really explore how to file myself. Each time, it seemed more of tax preparation, rather than comprehensive tax advice. I I will def...
by 3spots
Fri May 26, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

Yes I am trying for a similar cap gains strategy this year. State tax will be one tax you probably can't get out of. I do use TurboTax to test the cases. One thing I did last year was reverse some IRA withdrawals within 60 days to help keep other income low. Also if you have some earned income, you...
by 3spots
Fri May 26, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

With $40,000 of ordinary income, you'd pay 0% federal tax on about $8,000 of the Long Term Capital Gain (LTCG) and 15% on the rest if you're single. On a joint return you'd pay 0% tax on about $57,000 of the LTCG and 15% on the rest. The marginal tax rate is 13.75% on the single return and 6.5% on ...
by 3spots
Fri May 26, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6482

Re: Can I really pay no capital gains on $100k?

How much stock would you be selling that has $100k in capital gains? What is the cost basis? You could potentially sell $100k in stocks where $50k was your cost, and $50k in gains would be taxed at 0% You'd need to speak with a tax professional, but I'm guesstimating $100k - $50k basis = $50k of ca...