Search found 89 matches

by ARB57
Wed Jun 13, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus - Is this different?
Replies: 8
Views: 687

Re: Bank Bonus - Is this different?

Thanks for the feedback. I can certainly accept the fact that the bonus is taxable, but I'm still trying to figure the rationale. Both the credit card bonus and the bank account bonus require you to make purchases to actually get the bonus. I guess trying to figure out why the tax code is written as...
by ARB57
Wed Jun 13, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus - Is this different?
Replies: 8
Views: 687

Bank Bonus - Is this different?

There seems to be consensus - I think - that a credit card cash bonus that requires you to make a series of purchases to receive that bonus...is NOT taxable...it's essentially a reward not a bonus. What about a bank (account) bonus that requires you to make a number of debit transactions to get the ...
by ARB57
Wed Apr 25, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Ever ship/transport a car?
Replies: 14
Views: 1051

Re: Ever ship/transport a car?

It's much closer to a Camry than a Ferrari in terms of value. However it would be difficult to replace. Finding another low mileage, 1 owner, completely original Honda CRX (which this is) would be a real challenge.

Thanks, everybody, for the great input. Additional thoughts most welcome!
by ARB57
Wed Apr 25, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Ever ship/transport a car?
Replies: 14
Views: 1051

Ever ship/transport a car?

I just purchased a car in a distant US city and now must ship the vehicle. I've never done this before and would love some recommendations on who to use/not use. My early research suggests that this is a highly competitive, cut-throat business. I'm sure there are some good companies out there...I ju...
by ARB57
Fri Mar 23, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Timing
Replies: 4
Views: 520

Tax Loss Harvesting Timing

On February 9th I sold 500 shares of VTI at a modest loss and purchased VOO. On March 1st I sold 50 shares of VTI at small loss and, again purchased VOO. Must I wait until April 1 to purchase any VTI or can I purchase VTI NOW based on the sale on February 9? If the latter, am I limited 500 shares? T...
by ARB57
Mon Dec 04, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand the ACA Cliff
Replies: 21
Views: 2234

Re: Help me understand the ACA Cliff

Hamilton County, Florida (I don't live there, but thought about moving there once)

MAGI $48,200 Annual Subsidy $16,068
MAGI $48,300 Annual Subsidy $0

This is for a 60 something male.
by ARB57
Thu Oct 26, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Timing
Replies: 5
Views: 959

Social Security Timing

I'm considering filing for Social Security benefits, but for MAGI reasons, I want to be certain that I DON'T receive any payments before 1/1/2018. So, to be clear, are SSI benefits considered income in the month the check was received...or...in the month for which you are being paid (i.e. a January ...
by ARB57
Sun Sep 24, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: The right offer on a home
Replies: 10
Views: 1345

The right offer on a home

I’m looking at a house and trying to determine what a realistic OFFER might be. It is a “unique” home which makes finding comps difficult. When I say unique, it is a one bedroom, one bath home on a 1.4 acre lot sandwiched between million dollar horse farms. A beautiful little house and a gorgeous lo...
by ARB57
Mon Jul 03, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2% CD (13-months) Best kept secret
Replies: 4
Views: 2313

Re: 2% CD (13-months) Best kept secret

I was a bit skeptical as well based upon the rates on their site. So, I called and verified the 2% rate...went in...and opened up a couple of CD's.
by ARB57
Mon Jul 03, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: 2% CD (13-months) Best kept secret
Replies: 4
Views: 2313

2% CD (13-months) Best kept secret

First Home Bank, a Florida bank with 3 branches in the St. Pete area, is offering a 13-month CD at 2.02% apy. As far as I can tell, they're not advertising it anywhere (other than on the reader board at the bank.) I was in the area and did the deed in person. I don't know if one can open 'em up via ...
by ARB57
Fri Mar 17, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Collection Agency - Are you kidding?
Replies: 33
Views: 5618

Collection Agency - Are you kidding?

Imagine my surprise when I opened my mailbox...today... to find a notice from a collection agency claiming that I owed $895. Huh? That amount, they contend, is the result of unpaid charges to the cable company. I shall lay out the details. Most important, I DO NOT OWE the debt...and...the incident i...
by ARB57
Wed Feb 15, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Denied early withdrawal... [has it ever happened]
Replies: 4
Views: 839

Denied early withdrawal... [has it ever happened]

Some institutions indicate that you MAY be able to withdraw funds prior to maturity (CD.) Have you or anyone you know ever been DENIED early withdrawal? For that matter, have you ever HEARD of anyone who was denied?
by ARB57
Mon Jan 30, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Would you put 1 million dollars in ONE credit union...
Replies: 17
Views: 3708

Re: Would you put 1 million dollars in ONE credit union...

Let me confirm, it IS Andrews Federal Credit Union. I used the Bauer link: 5 stars.
by ARB57
Mon Jan 30, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Would you put 1 million dollars in ONE credit union...
Replies: 17
Views: 3708

Would you put 1 million dollars in ONE credit union...

This is not a question about asset allocation (i.e. how much of your portfolio you're comfortable allocating to CD's). Instead it's about whether or not to have a good chunk of money in one institution. All 1 million would be insured by the NCUA (the lion's share of the 1 million is in a revocable t...
by ARB57
Fri Dec 09, 2016 9:14 am
Forum: Investing - Theory, News & General
Topic: Let me start with what I DO know (brokerage CD's)
Replies: 4
Views: 692

Let me start with what I DO know (brokerage CD's)

I own 3 brokerage CD's. Two of them are 10-year CD's at 3.25% (purchased 3 years ago), one of them is a 7-year CD at 2.55% (purchased 2 years ago.) They are FDIC insured. If I hold them to maturity, I will receive my principal and the agreed upon interest rate. I know that between now and then, they...
by ARB57
Mon Oct 31, 2016 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: BRK.B Help me understand
Replies: 3
Views: 671

Re: BRK.B Help me understand

Makes perfect sense - thanks for the terrific explanation.
by ARB57
Mon Oct 31, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: BRK.B Help me understand
Replies: 3
Views: 671

BRK.B Help me understand

As many know, Berkshire Hathaway does NOT pay a dividend...yet a number of the individual equities that make up BRK.b...DO pay dividends. What happens to the dividends paid by the individual stocks? And if I, as a Berkshire shareholder, don't get them...does the price of a BRK.b share go down to acc...
by ARB57
Wed Aug 31, 2016 8:50 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 17008

Re: Ric Edelman's The Truth about Retirement on PBS

I caught a few minutes of Ric's PBS presentation. The one item that stood out to me (and certainly reinforced the importance of NOT trying to the market) was this: During the 5 year period 2011-2015...the S & P returned an average of 10% a year. If you MISSED (i.e. were out of the market) just 15 da...
by ARB57
Sun Aug 28, 2016 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 45
Views: 4214

Re: Do you count your emergency fund?

Thanks for the feedback. Great discussion. It sounds like the house is somewhat divided. I've always come down on the side of including the emergency fund in one's overall portfolio. It doesn't mean I'm right, it's just what I've done.To steal a line from someone on this thread: "money is money". Th...
by ARB57
Sat Aug 27, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 45
Views: 4214

Do you count your emergency fund?

Do you count your emergency fund as part of your investable assets when figuring your asset allocation?
by ARB57
Thu Jun 09, 2016 8:11 pm
Forum: Personal Consumer Issues
Topic: The cost of a root canal?
Replies: 38
Views: 4641

Re: The cost of a root canal?

Great feedback all - thanks very much! I spoke with mom and we put together a plan based largely on the great feedback.
by ARB57
Wed Jun 08, 2016 6:25 pm
Forum: Personal Consumer Issues
Topic: The cost of a root canal?
Replies: 38
Views: 4641

The cost of a root canal?

I had a root canal several years ago, but have little idea what one would cost today. My mom is preparing to have one and is concerned about the cost (she does not have dental insurance). Anybody have a root canal in the last couple of years? Would you mind sharing about what you paid (either withou...
by ARB57
Sat May 21, 2016 11:20 am
Forum: Personal Consumer Issues
Topic: Las Vegas in July
Replies: 34
Views: 4082

Re: Las Vegas in July

Re: Smoking. Vdara is a beautiful hotel and is completely smoke free (rooms, public areas...everything). There is no casino, but there's a short indoor walkway to the Bellagio casino.
by ARB57
Sat May 07, 2016 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Frequent Flyer Miles - taxable?
Replies: 21
Views: 2948

Frequent Flyer Miles - taxable?

It's my understanding that, when it comes to potential tax consequences of frequent flyer miles, there's a difference between miles that are simply given in exchange for opening an account/credit card...and those that are awarded as a result of miles flown or purchases made. My question: If you rece...
by ARB57
Thu Apr 21, 2016 9:17 am
Forum: Investing - Theory, News & General
Topic: Rick Edelman Advice....Good?
Replies: 25
Views: 5669

Re: Rick Edelman Advice....Good?

An earlier post: "Not only does Ric Edelman advise 100% stocks, he advises people to get a home mortgage and invest that money.. so effectively he advises more than 100% stocks in some cases." Forgive me if I sound a bit defensive, but I think it's important to correct some misinformation. I know Ri...
by ARB57
Tue Feb 23, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Reducing MAGI - is it worth it?
Replies: 1
Views: 508

Reducing MAGI - is it worth it?

I've run the numbers every possible way...and I would save about $2,000 a year on health care...if I reduced my MAGI enough to benefit from cost sharing. However, the reduction of my MAGI would require that I reduce my dividends. Right now, all of my equity position is in VTI (Vanguard Total Stock M...
by ARB57
Sun Feb 21, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Pulling my hair out - Health insurance question
Replies: 6
Views: 1385

Re: Pulling my hair out - Health insurance question

Thanks. I am retired - just turned 60, so I'll be buying regular individual health insurance until I'm 65, at which time it's Medicare.
I have no bonuses or earned income. No plan to return to work.
by ARB57
Sun Feb 21, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Pulling my hair out - Health insurance question
Replies: 6
Views: 1385

Pulling my hair out - Health insurance question

Within the next few months, my COBRA insurance will run out and I'll be purchasing a plan on the ACA markeplace. I can reduce my MAGI to the point at which I will get a premium subsidy...and...see some cost sharing benefits. There is just one "silver" plan in my state that is HSA eligible (in order ...
by ARB57
Sun Feb 14, 2016 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: HSA's and high deductible plans...
Replies: 5
Views: 856

HSA's and high deductible plans...

The following information was included on a website called ObamaCare Facts: "For 2015 and 2016 a Health Savings Account can be paired with any plan with an annual deductible of more than $1,300 for self-only coverage or $2,600 for family coverage." My question revolves around the word "ANY". Can an ...
by ARB57
Sat Feb 06, 2016 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing - what to ask?
Replies: 3
Views: 527

Re: Refinancing - what to ask?

Thanks - very helpful!
by ARB57
Sat Feb 06, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing - what to ask?
Replies: 3
Views: 527

Refinancing - what to ask?

My brother is preparing to refinance his home and is relying on me for guidance (which is a bit odd, because it's been decades since I last had a mortgage). Do you recommend going directly to the lender...or using a broker? I'm also looking to build a list of questions to ask the lender/broker. Cont...
by ARB57
Wed Jan 13, 2016 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - 30 day rule
Replies: 6
Views: 894

Re: TLH - 30 day rule

Because of the 31 days in December, I could actually repurchase VTI on 1/14 and avoid a wash sale...correct? Thanks.
by ARB57
Wed Jan 13, 2016 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - 30 day rule
Replies: 6
Views: 894

TLH - 30 day rule

Before I pull the trigger, I want to make sure I understand how the 30 day rule is calculated. If I sold VTI (at a loss) on 12/14/15...and bought VOO. I have a significant loss with VOO and am prepared to repurchase VTI on 1/15/16. Have I met the 30 criteria to avoid a wash sale? Thanks.
by ARB57
Thu Dec 31, 2015 10:19 pm
Forum: Personal Consumer Issues
Topic: Taylor vs Martin Guitar
Replies: 19
Views: 4547

Re: Taylor vs Martin Guitar

I'm a Taylor guy. I had a Martin D-35 many years ago. Nice and warm, plenty of low end, but didn't like the action. I did a little studio work and it was terrific for that, but (in my opinion) not a great "live" guitar. To me, the Taylor is the best of both worlds. Plenty of presence, bright but war...
by ARB57
Tue Dec 29, 2015 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Either way it's market timing...but...
Replies: 7
Views: 1183

Either way it's market timing...but...

I've done pretty well in recent years "staying the course", but I've noticed that the greater temptation for me is to want to sell and lock in the gains...rather than freaking out and selling when things have gone down. In fact, get a bit giddy when things are down and I can buy at a discount. Eithe...
by ARB57
Tue Dec 29, 2015 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed fees
Replies: 17
Views: 1711

Re: PenFed fees

Last couple of CD's I had (that matured), I had them send me a check for the full amount. I received it within just a few days...no messing with the 5K limit...cost of transferring funds etc. I agree that neither the limit nor the fee is a particularly customer friendly policy, but the check method ...
by ARB57
Mon Nov 30, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Charitable donation to offset IRA distribution?
Replies: 3
Views: 515

Re: Charitable donation to offset IRA distribution?

Sorry, perhaps I was unclear. I'm talking about taking the distribution THIS year (2015). I wouldn't begin ACA healthcare until next year.
by ARB57
Mon Nov 30, 2015 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Charitable donation to offset IRA distribution?
Replies: 3
Views: 515

Charitable donation to offset IRA distribution?

I plan to make a fairly sizable charitable donation this year (I've fallen behind and am playing catch-up). With that as a backdrop, should I utilize the tax benefit of the charitable deduction to take some IRA distributions? I'm 60 and will be going from COBRA insurance to buying individual insuran...
by ARB57
Mon Nov 30, 2015 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: "Sin stocks"
Replies: 42
Views: 6482

Re: "Sin stocks"

Thank you all. Appreciate the variety of ideas, perspectives and insight. There were a number of things I hadn't thought about.
by ARB57
Sun Nov 29, 2015 7:12 am
Forum: Investing - Help with Personal Investments
Topic: "Sin stocks"
Replies: 42
Views: 6482

"Sin stocks"

I think there comes a time in life, when we all take a closer look at our priorities and our values. This post is not about debating what's right and what's wrong, it's about figuring how best to accomplish my financial goals, while sticking to MY values. Here's the deal: Currently, the equity porti...
by ARB57
Thu Oct 29, 2015 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ever have a job where your responsibilities increased after co-workers were fired?
Replies: 27
Views: 3355

Re: Ever have a job where your responsibilities increased after co-workers were fired?

Two thoughts: As investors, we probably need to remember that things like this (layoffs, not filling a position when somebody leaves) are the kinds of things that companies often must do to return value to shareholders*...so, at the very least, they're understandable. It stinks if you're the one who...
by ARB57
Sat Oct 10, 2015 10:18 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 330
Views: 34562

Re: Northwest FCU 3-year 3.04% Add-On CD

209south: Nicely done!
by ARB57
Sat Oct 10, 2015 7:01 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 330
Views: 34562

Re: Northwest FCU 3-year 3.04% Add-On CD

'tis a sad state of affairs (low interest rates,) that so many are willing to go through such a difficult process for a 3% CD. For all who have gone to the effort, I hope that the process, once you've set up the CD, is decidedly smoother. Personally, I'd wonder about an institution that makes settin...
by ARB57
Thu Sep 24, 2015 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Did I blow it?
Replies: 7
Views: 1645

Re: Did I blow it?

Thanks for the clarification. Sounds like I'm OK.
by ARB57
Thu Sep 24, 2015 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Did I blow it?
Replies: 7
Views: 1645

Did I blow it?

On August 24th of this year, I sold a number of VTI shares (locking in a short term loss). With those funds, I purchased VOO (not substantially identical). I understand that I can't buy any VTI for 30 days AFTER I sold. But...I acquired most of the VTI shares that I sold for a loss less than 30 days...
by ARB57
Fri Sep 04, 2015 10:23 am
Forum: Investing - Help with Personal Investments
Topic: WASH Sale - Just to be clear
Replies: 4
Views: 432

Re: WASH Sale - Just to be clear

Thanks - you've kept me from botching this big time.
by ARB57
Fri Sep 04, 2015 10:14 am
Forum: Investing - Help with Personal Investments
Topic: WASH Sale - Just to be clear
Replies: 4
Views: 432

WASH Sale - Just to be clear

If I sold $100K worth of VTI...locking in a loss of $10K...once I've purchased a "LIKE AMOUNT" ($100K) of another fund that is not similarly identical...I can resume purchasing VTI (without incurring a wash sale). Correct? Thanks.
by ARB57
Sat Aug 22, 2015 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Substantially Identical?
Replies: 18
Views: 2550

Substantially Identical?

I hope to take advantage of the fact that the market is taking a bit of a "breather", and do a little tax loss harvesting. I plan to sell some VTI that I purchased within the last month or so to offset some earlier gains. Two questions: Any recommendations on Funds or ETF's (preferably Vanguard) tha...
by ARB57
Sat May 02, 2015 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: There's a monster under my bed... [CDs instead of bonds?]
Replies: 30
Views: 5871

Re: There's a monster under my bed... [CDs instead of bonds?

ARB57, are your CDs held directly at banks and credit unions, or are they brokered CDs, held at a broker like Vanguard, Fidelity, Schwab? If the latter, then you have the same term risk as with bonds, but your 3% average yield is much higher than what you will earn with an intermediate-term bond fun...
by ARB57
Fri May 01, 2015 9:37 am
Forum: Investing - Help with Personal Investments
Topic: There's a monster under my bed... [CDs instead of bonds?]
Replies: 30
Views: 5871

There's a monster under my bed... [CDs instead of bonds?]

...and it's spelled B-O-N-D-S! For whatever reason, I've never been comfortable pulling the trigger and adding bonds to my portfolio. I've always considered CD's as MY bonds. I'm a conservative investor (30% equities/70% CD's/cash). At present, my CD's are earning an average of 3%. I've got some cas...