Search found 2052 matches

by Bongleur
Sat Feb 17, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay ZERO taxes in retirement with 6-figure expenses
Replies: 201
Views: 103306

Re: How to pay ZERO taxes in retirement with 6-figure expenses

There is also a value to the ROTH as an insurance policy. Its a pool of tax-free money -- if you need to withdraw a huge amount all at once, you cannot get screwed by being pushed into a high tax bracket. You can imagine that if you retired into a 0% bracket, but needed $100,000 -- do some guesses a...
by Bongleur
Sun Jan 28, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1099
Views: 598425

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

Most people could create a new sheet that would copy whatever they wanted. The hard part is creating an "on-off switch" that would tell the sheet whether or not to perform the copy function. Turn it ON, run the Simba Test, turn it Off, run another Simba Test. Now you can compare the two runs. With s...
by Bongleur
Wed Jan 10, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing asset allocation between self & mother
Replies: 3
Views: 264

Re: Optimizing asset allocation between self & mother

Anything in her account is really for me to inherit. Look at this from the family aggregate. The asset allocation is based on my wife & myself being 60-62 so 60:40 or 50:50. Mom has cash income from pension vs medical expenses that currently are over $55,000 a year & could balloon. Maybe guess anoth...
by Bongleur
Wed Jan 10, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing asset allocation between self & mother
Replies: 3
Views: 264

Optimizing asset allocation between self & mother

The capital of myself and my mother are functionally fungible. But as long as she lives, there must be opportunity to optimize asset allocation between the two taxable entities. Anyone do this? For example, stocks in her name will be inherited at a stepped up basis, if they go up. But she's 90, so.....
by Bongleur
Tue Jan 09, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard fund sales defaulting to average cost?
Replies: 3
Views: 597

Re: Vanguard fund sales defaulting to average cost?

The fine print implied it was a new Govt reg.
Easier to ask here than loggin in to Vanguard & they don't always give the implications.
I suppose I need to do something with EVERY ACCOUNT to toggle "I choose specific shares when selling."
FIFO is NOT specific shares.
by Bongleur
Tue Jan 09, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard fund sales defaulting to average cost?
Replies: 3
Views: 597

Vanguard fund sales defaulting to average cost?

Just noticed this in the fine print on a statement. Somebody catch me up on this. Obviously choosing the specific shares is what you want so you can harvest losses.
by Bongleur
Sat Jan 06, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Retire on dividends & pay taxes with principal?
Replies: 10
Views: 1294

Re: Retire on dividends & pay taxes with principal?

Concept is to set an amount of spendable (real) income for every year. If you generate more it gets invested not spent. If it were possible to create a perfect bond ladder using TIPS one could find out how much real income you could generate by putting all capital into TIPs. Spendable is what is lef...
by Bongleur
Sat Jan 06, 2018 2:39 am
Forum: Investing - Theory, News & General
Topic: Retire on dividends & pay taxes with principal?
Replies: 10
Views: 1294

Retire on dividends & pay taxes with principal?

Anyone ever think about this and do backtesting to see what its most sensitive to? Idea is to have a steady income so you know the tax load for the future. A risk is matching inflation. Paying taxes from principal is a sinking fund situation - use it, don't lose it to the grave. There are some simil...
by Bongleur
Sun Dec 31, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2381

Re: Want adequate filter to discharge clothes drier indoors

> , I have one of the vent buckets that you have to keep water in to trap the lint. Like this one: https://www.amazon.com/dp/B000DZFTC6/ > Seems like a small volume to handle all that air. About a gallon? Does it have a draincock on the bottom so you can drain the dirty water into the washer drain? ...
by Bongleur
Sun Dec 31, 2017 2:08 am
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2381

Re: Want adequate filter to discharge clothes drier indoors

And without any duct, you are paying to remove all that humidity & cool all that heat in the summer time using your air conditioning system. That's just STUPID.
by Bongleur
Sun Dec 31, 2017 2:06 am
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2381

Re: Want adequate filter to discharge clothes drier indoors

$1200 bucks for a toaster with a fan attached? That's insane.
by Bongleur
Sat Dec 30, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2381

Want adequate filter to discharge clothes drier indoors

30 years ago I installed a bypass with a sock filter, but it was a mess. Today its 20 deg & I'm thinking I paid for that heat & humidification...

Anyone know of a kit with a really fine filter train, maybe a vortex system like on the vacuum cleaners?
by Bongleur
Sat Dec 30, 2017 12:37 am
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3214

Re: Buying a car advice - what's new since 1994?

Realized today while going to pay my property tax early that the 6 way power seat has always been comfy, but now after 23 years its perfectly molded to my buttockal area.

Maybe I can find a car where I can just bolt on my existing seat...
by Bongleur
Fri Dec 29, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3214

Re: Buying a car advice - what's new since 1994?

Wish I could find cost of ownership stats for new at 20 years vs 10 year old used at 10 years (plus then buy another).

Astounded how many people fixate on the word "police." "Taxi" probably has more of what I need.
by Bongleur
Fri Dec 29, 2017 12:52 am
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3214

Re: Buying a car advice - what's new since 1994?

>The Mazda 6 fits the size criteria you'd like and has excellent seats. It's also extremely reliable. The Honda Accord is a great car > Honda 9th in current JD Powers reliability ratings. Mazda not in top 10 at all. Boy, that site is useless. The list of available packages says nothing about what li...
by Bongleur
Thu Dec 28, 2017 1:28 am
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3214

Re: Buying a car advice - what's new since 1994?

With a new car I may never have to do any major "scheduled" maintenence - like the timing belt at 65K. With a used car, I will. That turns me off, even if a bit cheaper. Mechanics around here charge $100/hour. Wish my odometer still worked so I knew how much I actually drive in a year... I don't rea...
by Bongleur
Wed Dec 27, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 6302

Re: How do Bogleheads save on eyeglasses?

Will Warby Parker let me try 5 different bifocal heights? Getting that is critical, so I can glance up at the TV and down at the computer screen. Online places sell "fashion" but I start with ANSI Z.87 safety frames. Then I want something better than Polycarbonate for optical clarity & color renditi...
by Bongleur
Wed Dec 27, 2017 6:48 am
Forum: Personal Consumer Issues
Topic: cheap device to run "mobile" apps?
Replies: 4
Views: 389

cheap device to run "mobile" apps?

I have a nice string of lights with a remote that allows selection of several patterns. But its breaking down, and this year the only similar produce does not have a remote. Instead you need a mobile device to control it. So many products have control apps which only run on a "device" not a regular ...
by Bongleur
Wed Dec 27, 2017 6:21 am
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3214

Buying a car advice - what's new since 1994?

Love my car, but repair parts are becoming out of stock, & junkyard parts are junk as well. I have had a 1973 (bought used in... 76?), it died violently in 1984, and that one died violently in 1994. So this will likely be my last car; in another 20 years I'll probably be too old to drive & robot car...
by Bongleur
Wed Dec 27, 2017 5:26 am
Forum: Forum Issues and Administration
Topic: new pages keep appearing with a popup activated
Replies: 4
Views: 546

new pages keep appearing with a popup activated

When I click on something that takes me to a new page, like "board index", freqently the new page will have a popup activated (from Quick Links). Seems that the new page is sensing the cursor location & if it is over a popup link, it activates it as the page loads. Very very annoying. Every movement...
by Bongleur
Wed Dec 27, 2017 5:21 am
Forum: Forum Issues and Administration
Topic: SEARCH glitch wrt -re: and -Re:
Replies: 1
Views: 238

SEARCH glitch wrt -re: and -Re:

Trying to find only the OP by specifying
"search term words" -re:
and it fails.

Thought I needed to capitalize: -Re:
but that still returns a lot of hits starting with -Re:
by Bongleur
Wed Dec 27, 2017 5:12 am
Forum: Forum Issues and Administration
Topic: web page glitch hovering over "goto pg X" box
Replies: 2
Views: 311

web page glitch hovering over "goto pg X" box

When I move my cursor over the box to go to a subsequent page of a thread, usually a popup box appears (just as my finger is going down, so I end up going to the Wiki page). Seems like I need to carefully put the pointer into a certain portion of the little square box to avoid the popup. And wait a ...
by Bongleur
Wed Dec 27, 2017 3:11 am
Forum: Personal Finance (Not Investing)
Topic: Landlord vs tenant issue across the country
Replies: 32
Views: 3452

Re: Landlord vs tenant issue across the country

Remember that everything you say here is public record and might become part of the evidence in a legal proceeding.

I cannot conceive of signing a contract without having a physical street address & phone number for the other party... not a PO box address, either.
by Bongleur
Tue Dec 26, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 25230

Re: Becoming a Landlord: My Experiences

When I had to move my mom out of the house into a Long Term Care facility, I decided to rent instead of sell. First, too much emotion involved in losing it entirely, second too complicated to immediately figure the optimum action for taxes & trust & inheritence issues given everything else going on....
by Bongleur
Mon Dec 25, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 137
Views: 13348

Re: Confusion about prepaying property taxes

Geeze. Instead of agonizing over unknowable answers, just pay anything & everything NOW before it is too late, and have your tax guy sort it out later.
by Bongleur
Sun Nov 27, 2016 5:14 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 17956

Re: Retirees: Where are you going for income?

Once upon a time you could buy a 6% Govt Bond, which is riskless (other than inflation risk). Are there metrics that can show the amount of risk necessary to achieve 6% "today?" Essentially I'm asking the general question -- if one needs a certain income, that translates into a % gain, which should ...
by Bongleur
Sat Nov 12, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

AFAIK nobody has "inherited" anything yet. Half the house is in Trust A with living parent as beneficiary, the other in Trust B with limits on how the assets can be distributed to the living parent. As I understand it, each Trust is a separate entity entitled to a $250k Exclusion.
by Bongleur
Fri Nov 11, 2016 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

>When a taxpayer dies, no gain is reported on depreciable personal property or real property transferred to his or her estate or beneficiary. > So this means I would get the full stepped-up market value as my basis? But if it is sold now, the basis would be reduced by the accumulated depreciation (t...
by Bongleur
Thu Nov 10, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

Oh, another factor is getting ENOUGH current income to cover her expenses. Selling would provide a chunk of cash to cover. OR I could pay the difference out of my pocket, non-deductible since the house is still wealth so she's not my dependant. BUT would I recoup that money after inheritence, becaus...
by Bongleur
Thu Nov 10, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

>If you sell now, WRT what to do with sale proceeds: I'd set aside a CD ladder big enough to handle her future needs plus a margin > Given the abysmally low interest rates, I think renting might provide more current income, even though it would be clawed back in the future upon sale, due to the depr...
by Bongleur
Wed Nov 09, 2016 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

Actually this is a case of longevity risk showing up. In hindsight, when I first needed to become the handler of affairs, I should have had everything Gifted to me using the Lifetime Up To $1M rule. Then bought T bills for safety. There is a 5 year Lookback for gifts when determining Medicaid eligib...
by Bongleur
Wed Nov 09, 2016 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

>If the first parent died anytime recently (few years) it would have gotten a step up for about $250k (their half) plus 1/2 of the original cost so another $12.5k. > As I understand it, the Trust avoids the halving of the deceased's basis, so you get $250 for A and also for deceased B. Thinking of w...
by Bongleur
Wed Nov 09, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

>For determining taxes due on the sale, the mortgage(s) and any interest paid in the past are not relevant. > ??? Doesn't basis include mortgage interest? Oh, it was already deducted ??? Only rented for about 5 years. Living parent is in assisted living, so still counts as residing in the house for ...
by Bongleur
Wed Nov 09, 2016 4:58 am
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Re: Determining the Cost Basis of a house, from 1966 ?

Oh, at present a parent is still living, so I also need to compare selling now to waiting until I inherit it. Not selling increases my current expense for parental care; but the basis step-up might result in more value in the long run:
rent now
sell now
rent later
sell later
by Bongleur
Wed Nov 09, 2016 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Determining the Cost Basis of a house, from 1966 ?
Replies: 22
Views: 3355

Determining the Cost Basis of a house, from 1966 ?

My parents bought the house in 1966. I have the real estate agent's 3x5 card with the description of the house & asking price. I don't know if they actually paid the asking price. I have some data on the mortgage, so I could calculate the total interest but don't know about refinancing or early payo...
by Bongleur
Wed Nov 09, 2016 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Family Trust: Is A/B Trust OK?
Replies: 4
Views: 1029

Re: Family Trust: Is A/B Trust OK?

Your terminology is confusing. A is most commonly an archaic reference to a marital or QTIP trust, and B is most commonly an archaic reference to a credit shelter or bypass trust. Why is this archaic? My parents had a family trust, and when one died it was divided into "xxx Family Trust A" for the ...
by Bongleur
Wed Nov 09, 2016 4:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266505

Re: U.S. stocks in freefall

What this country needs is a good 5% Govt Bond. I could live on 5% Govt Bonds.
by Bongleur
Sat Nov 21, 2015 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard wants to consolidate Fund & Brokerage accounts
Replies: 1
Views: 701

Vanguard wants to consolidate Fund & Brokerage accounts

Why? We have a Trust account and they sent a letter begging me to let them merge the Mutual Fund account into the Brokerage account.

So what are the pros & cons of doing this? Maybe something peculiar for Trusts too.
by Bongleur
Wed Dec 18, 2013 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Not your regular retirement questions
Replies: 58
Views: 7660

Re: Not your regular retirement questions

> a fund that receives a guaranteed 5%. >I thought that this might help with any stress that I might have waking up in the morning and seeing the stock market tumble 20%. But exactly how is this fund going to survive a market loss of 20%? What are they doing that you cannot do with that enormous amo...
by Bongleur
Sun Dec 08, 2013 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Family member renting 2nd house. Ok to ignore on tax return?
Replies: 203
Views: 44213

Re: Family member renting 2nd house. Ok to ignore on tax ret

Pay the HOA yourself. She is a relative who is doing you a favor by living in your second home. Empty houses are at risk of vandalism, theft, and arson. Your insurance is cheaper when it is occupied. If she chooses to give any number of persons up to $13,000 a year each as a gift there is no paperwo...
by Bongleur
Sun Dec 08, 2013 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with LEAPs (Long term equity options)
Replies: 27
Views: 4667

Re: Help with LEAPs (Long term equity options)

Now its time to use the $30 profits from the long LEAPS and get some SPY Puts at 150...
by Bongleur
Sun Nov 17, 2013 7:55 am
Forum: Investing - Theory, News & General
Topic: Want 18% returns?
Replies: 43
Views: 8322

Re: Want 18% returns?

Closet & Bill -- read more closely: " If I buy the mortgage from the original lender at a discount, my yield has nothing to do with the interest rate the borrower is paying." Abe is buying say a 8% mortgage note AT A BIG DISCOUNT so that HIS INTERNAL RATE OF RETURN is 14%. The mortgagee is STILL pay...
by Bongleur
Tue Aug 27, 2013 6:28 pm
Forum: Investing - Theory, News & General
Topic: Retirement: 28 is the new 30
Replies: 20
Views: 3628

Retirement: 28 is the new 30

NBR reports data from Fidelity (IIRC) talking about how much you need to save per month for retirement starting at various ages. Except the "throwaway" line is "retiring at age 65 and providing enough money to last until age 93." Of course, we all know that the standard is 30 years, and should actua...
by Bongleur
Sat Aug 10, 2013 5:12 pm
Forum: Investing - Theory, News & General
Topic: Why can't I get a "demand account" at Vanguard?
Replies: 48
Views: 7688

Re: Why can't I get a "demand account" at Vanguard?

I already answered that: If the bank burns down the money is accounted for, not lost.
by Bongleur
Sat Aug 10, 2013 12:58 am
Forum: Investing - Theory, News & General
Topic: Why can't I get a "demand account" at Vanguard?
Replies: 48
Views: 7688

Re: Why can't I get a "demand account" at Vanguard?

I think what I want used to be called a "savings bank." Only allowed to invest in ultra safe things like govt bonds; high cash reserve requirements.

If Treasury Direct had a quick cash-out time it would do.
by Bongleur
Wed Aug 07, 2013 10:44 pm
Forum: Investing - Theory, News & General
Topic: Why can't I get a "demand account" at Vanguard?
Replies: 48
Views: 7688

Re: Why can't I get a "demand account" at Vanguard?

If the bank burns down the money is accounted for, not lost.
by Bongleur
Tue Aug 06, 2013 7:33 pm
Forum: Investing - Theory, News & General
Topic: Japan, 1989
Replies: 128
Views: 37229

Re: Japan, 1989

>Looks like the trough, in 2002, is 62% below the original stash.
>

No, its 62% OF the original million.
by Bongleur
Tue Aug 06, 2013 6:13 pm
Forum: Investing - Theory, News & General
Topic: Why can't I get a "demand account" at Vanguard?
Replies: 48
Views: 7688

Re: Why can't I get a "demand account" at Vanguard?

Could probably settle for a contract where the bank charges me for the service of holding & accounting for my cash in safe storage (ie putting it on deposit with the Fed) and I give them 1 day notice for withdrawals above a certain amount.
by Bongleur
Thu Aug 01, 2013 9:34 pm
Forum: Investing - Theory, News & General
Topic: Why can't I get a "demand account" at Vanguard?
Replies: 48
Views: 7688

Re: Why can't I get a "demand account" at Vanguard?

[/quote]Immediately, three days after the next business day, or eventually?
Keith[/quote]

When I walk up to the teller with a withdrawal slip.