Search found 288 matches

by Chicago60
Sat Feb 03, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 2940

Re: Best Movies of 2017

I also want to see "120 beats per minute". I don't think it played at any local theater, and it seems not to be available on disc either. Amazon has it on streaming, but as a French HIV+ person, I want to own a copy of this movie, not stream it. Looks like Amazon.fr has it, but no english subtitles...
by Chicago60
Sat Feb 03, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 2940

Re: Best Movies of 2017

bobcat2 wrote: ↑
Sat Feb 03, 2018 9:37 am
None of the following movies would make my top ten but they were all worth seeing.

Marshall (perhaps this would make my top ten list.)

BobK
Thanks for the reminder about Marshall. We saw that one too and I liked it a lot, though still does not make my top 10.
by Chicago60
Fri Feb 02, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 2940

Re: Best Movies of 2017

My Top 10 for 2017: 1) Three Billboards 2) LadyBird 3) The Florida Project 4) Call Me By Your Name 5) Dunkirk 6) The Shape of Water 7) Get Out 8) The Post 9) The Big Sick 10) Darkest Hour Also worth seeing: Coco Beauty and the Beast Baby Driver Detroit Star Wars Phantom Thread 120 Beats Per Minute M...
by Chicago60
Mon Jan 15, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.
Replies: 3
Views: 515

Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.

I am simply incapable of predicting when or how the Dow might hit 30,000 or the S&P 3000. But, I have figured out to the day and time, Central time of course, when Livesoft posts his/her 60,000th post. March 6, 2018 at 7:42am. Post your predictions here, if you dare.
by Chicago60
Wed Jan 10, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2678

Re: Did I need a lawyer after an accident?

Lawyer here. The problem with lots of these posts is that laws differ, often greatly, from state to state. So giving advice like "do a depreciated value claim", or "the DUI guy's insurance should pay" is useless, if not dangerous, unless it applies to the claimant's state. Hey, do what you want. It...
by Chicago60
Wed Jan 10, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 54
Views: 5081

Re: Letter from Social Security re Fraudulent Claim

If it's fake, I can't imagine what a scammer is hoping to accomplish. IMO, it's a clever screening process. The scammer can probably accomplish practically anything they want on anyone foolish enough to fall for this and show up. JW But, the letter asks OP to show up at the correct address for SS, ...
by Chicago60
Thu Jan 04, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: IL Law - settling an estate with missing heirs
Replies: 11
Views: 931

Re: IL Law - settling an estate with missing heirs

You may want to contact the Illinois Bar Association or Chicago Bar Association and ask for a referral for an estates lawyer who likely can answer the question for you at minimal expense. Your library, assuming you do not want to purchase, might have access to this: https://www.iicle.com/estate-admi...
by Chicago60
Tue Jan 02, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can I do anything with an old, expired securties class action settlement check?
Replies: 9
Views: 861

Re: Can I do anything with an old, expired securties class action settlement check?

There is a substantial likelihood that the funds are no longer available. In most settlements, once a reasonable period of time after checks have been issued has elapsed, class counsel will go back to court and get the court's approval to do something with the funds that never cleared--depending on ...
by Chicago60
Sun Dec 31, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 6369

Re: My dad's army jacket

As a disabled veteran, the son of a late veteran and the brother of two late veterans, I would be honored for you to wear your father's uniform. Sometimes, honor is about more than following the rules. I am going to invoke the law of competing harms respect . Sometimes the respect shown to one's fa...
by Chicago60
Fri Dec 29, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 711
Views: 35934

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

I am clearly and consistently bad at predicting the market compared to other Bogleheads. In 2017, I came in 562 out of 647. 86.8% beat me. In 2016, I came in 571 out of 610. 93.6% beat me. And, in 2015, I came in 491/552. 88.9% beat me. Thankfully, I just stay the course based on my desired asset al...
by Chicago60
Fri Dec 29, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 64
Views: 6785

Re: Do any of you follow Bob Brinker?

I followed his radio show for many years although not so much in recent years. I even subscribed to his newsletter for a couple of years but did not follow his recommendations. I think the title of his newsletter, Market-timer, is a bit misleading since it appeared to me that his portfolio changes ...
by Chicago60
Fri Dec 29, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 147
Views: 18166

Re: MoviePass-Too good to be true, but it's legit.

We purchased two passes last month. No glitches, yet. We probably see 40-50 movies/year in the theaters, so this is a no brainer for us, particularly this time of year.
by Chicago60
Thu Dec 28, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for conversion of $1.8 million IRA
Replies: 80
Views: 10800

Re: Strategy for conversion of $1.8 million IRA

- I am 61 years old, and just retired. My wife is 47. She is not employed, but has a side business as a tutor. I am starting a consulting practice. Our net income from these businesses will be within our control and will be between $ 25000-$50000 per year. It looks to me like you aren't retired. Ma...
by Chicago60
Thu Dec 28, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Being bought out of family business(C corp) - need help
Replies: 11
Views: 962

Re: Being bought out of family business(C corp) - need help

If the family business has a value to her that is material, either in total dollar terms or as a percentage of her net worth, even though she cannot quantify a precise amount now, she should contact an attorney and have the attorney communicate (requesting documents and negotiating terms) directly w...
by Chicago60
Wed Dec 20, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 140
Views: 9677

Re: Pass Through Entities Questions Thread

I believe lawyers and other specified professionals are excluded from the pass through entities eligible for this provision. I *think* that only applies above the threshold ($315,000 married, filing jointly). I "think" you are correct: http://www.abajournal.com/news/article/consensus_tax_bill_inclu...
by Chicago60
Wed Dec 20, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 140
Views: 9677

Re: Pass Through Entities Questions Thread

I believe lawyers and other specified professionals are excluded from the pass through entities eligible for this provision.
by Chicago60
Wed Dec 20, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51159

Re: Tax Bill Omnibus Thread

Folks, If the personal exemption is suspended, what is the tax benefit of claiming my children as the dependent? Please enlightened me. KlangFool You can claim a $2k tax credit per child up to age of 17, thereafter dependents are eligible for $500 tax credit. So is a spouse a dependent? For instanc...
by Chicago60
Sat Dec 16, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 270
Views: 24236

Re: be careful, no longer allowed to prepay local and state taxes for a deduction

Be real careful, as post numbers 249-253 of this post viewtopic.php?f=2&t=233726&start=250 suggests NYT might have it wrong and that prepayment of property taxes may still be deductible.
by Chicago60
Sat Dec 16, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 55
Views: 3777

Re: Can/Should early retiree avoid ACA tax credits?

I believe one can have a substantial net worth, and still technically qualify for a subsidy; a subsidy that is, in my opinion, intended for those less fortunate than one with a substantial net worth. Ethically, not legally, I find it troubling, and I would not take the subsidy. If you had a high ne...
by Chicago60
Sat Dec 16, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 270
Views: 24236

Re: Prepayment of SALT Taxes? [State and Local]

New York Times reporting that this loophole is being closed by the compromise bill. Much ado about nothing apparently (although I'll still pay my 2017 taxes this month.) https://www.nytimes.com/2017/12/15/us/politics/republican-tax-bill.html?hp&action=click&pgtype=Homepage&clickSource=story-heading...
by Chicago60
Fri Dec 15, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: Takata Airbag Class Action Settlement
Replies: 25
Views: 2969

Re: Takata Airbag Class Action Settlement

Many people just think about their own wallet at the moment, when they look at class action lawsuits ("only the lawyers make on on them") The value I get out of class action lawsuits is not the $0.50 coupon I may get. It is the deterrent it applies to companies from screwing their customers a will....
by Chicago60
Fri Dec 15, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account Bonus
Replies: 2
Views: 575

Re: Online Savings Account Bonus

I would try these websites, which I use all the time for such information:

https://www.doctorofcredit.com/
https://www.depositaccounts.com/blog/
by Chicago60
Fri Dec 15, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Takata Airbag Class Action Settlement
Replies: 25
Views: 2969

Re: Takata Airbag Class Action Settlement

I threw it out. Son's home from college so will schedule replacement next week. I threw it out too. These are good for the lawyers, seldom anyone else. In my opinion, this is truly a silly point of view. Taking a little bit of time to complete a claim form can get you some money for little effort a...
by Chicago60
Fri Dec 15, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 55
Views: 3777

Re: Can/Should early retiree avoid ACA tax credits?

I respectfully disagree with most, if not all, of the responses. As I understand the intent of the legislation, one of its purposes was to provide a subsidy for lower income people who would not otherwise be able to afford health care insurance. I do not qualify, and I am sure I never will. I have n...
by Chicago60
Fri Dec 15, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 270
Views: 24236

Re: Prepayment of SALT Taxes? [State and Local]

Please see this article https://www.journalofaccountancy.com/news/2017/dec/tax-deduction-for-prepaying-anticipated-state-income-tax-201718054.html I heard today that the AICPA plans to issue some guidance that states, in their opinion, there is no substantial authority for claiming a 2017 tax deduc...
by Chicago60
Fri Dec 15, 2017 6:35 pm
Forum: Personal Consumer Issues
Topic: Takata Airbag Class Action Settlement
Replies: 25
Views: 2969

Re: Takata Airbag Class Action Settlement

The answer is: it depends. If you participate in the class action by submitting a claim form, (or if you fail to opt out of the class action, you are participating even if you do not submit a claim for the benefits), you are giving up your right to pursue your own individual claim. So, if you have n...
by Chicago60
Fri Nov 10, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: 11 month no pnealty CD 1.55% 1K Minnimum
Replies: 11
Views: 2121

Re: 11 month no pnealty CD 1.55% 1K Minnimum

EWP vary, and your point is well taken. Nevertheless, for such a short-term instrument, I'd take the 20 basis points at the risk of early withdrawal. Otherwise, just stick the funds in a savings account paying 1.5%
by Chicago60
Thu Nov 09, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: 11 month no pnealty CD 1.55% 1K Minnimum
Replies: 11
Views: 2121

Re: 11 month no pnealty CD 1.55% 1K Minnimum

Why be satisfied with 1.55% for 11 months, when over 20 different financial institutions listed on that same website have rates exceeding 1.55% for 12 month term CDs, with several showing rates at 1.70+%?
by Chicago60
Wed Sep 27, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: $7 flights on RyanAir
Replies: 39
Views: 4913

Re: $7 flights on RyanAir

There are rumors about RyanAir installing pay toilets on their plane. I suspect those are true. If there is no free lunch, there should be no free toilet. Victoria Actually, that was the famously foul-mouthed CEO teasing the media. O'Riley (?) likes doing that. Dublin has terrible traffic problems,...
by Chicago60
Wed Sep 27, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is 529 right for this situation
Replies: 5
Views: 574

Re: Is 529 right for this situation

I think a 529 makes perfect sense in your situation. Growth tax free for 3-7 or more years if the funds are used for qualified education expenses, and the benefit of deducting the contribution on your Illinois taxes. Last I looked, I believe you are capped at $20,000 per couple, and with Illinois' i...
by Chicago60
Sat Sep 23, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Transfering 250K online from one bank to another
Replies: 15
Views: 1950

Re: Transfering 250K online from one bank to another

Institutions do have limits - most often a daily limit and a monthly limit. Doctor of credit keeps a list of ACH limits and it says Wells Fargo has a $5,000 daily limit. I suggest checking with both institutions to see if you can do $250K in one go. But I can't think of any reason why the IRS would...
by Chicago60
Sun Sep 17, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 5998

Re: Lawyer overbilling for prenup review

You placed an unreasonable limitation on the lawyer's work asking him/her to limit their time spent on the assignment which likely actually did take 6 hours to complete competently. Hence, I think the title of your post for "overbilling" is maybe unfair to the lawyer. Nevertheless. your attorney wro...
by Chicago60
Sun Sep 17, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 4135

Re: Should I contact a lawyer?

I am sorry for what appears to be a breach of ethics by another teacher, and maybe a theft of your work product. Maybe you should contact a lawyer, but before I can recommend that you do so, answer two questions first: (1) what are your losses in light of the teacher's misconduct, and how have you c...
by Chicago60
Tue Aug 29, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 156
Views: 27644

Re: $400,000 Roth Conversions Between Ages 66-69?

2 comments: 1) Mind SGM's post about impact of income on Medicare fees. It can be significant and should be factored in. Medicare premium increases are a very real concern. I just ran the math the other day, and it is eye opening. Example: Married couple with joint income of $170000 (highest income...
by Chicago60
Sat Mar 25, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Can a Sole Proprietor pre-pay health insurance premiums and deduct them?
Replies: 6
Views: 786

Re: Can a Sole Proprietor pre-pay health insurance premiums and deduct them?

Thanks, I think your IRS citation answered the question. Not quite that simple - there are exceptions to that rule and depending on the timing of your insurance contract it may very well fit in. See this write up for more explanation and then you should read the actual regulations and talk to a CPA...
by Chicago60
Fri Mar 24, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can a Sole Proprietor pre-pay health insurance premiums and deduct them?
Replies: 6
Views: 786

Can a Sole Proprietor pre-pay health insurance premiums and deduct them?

A sole proprietor can deduct on page 1 of her 1040 the health insurance premiums she paid, to the extent her sole proprietorship made profits. So, if she has monthly premiums of $2K in 2016, and profits in 2016 of $100K, the $24K in health insurance premiums are fully deductible on page 1 of her 104...
by Chicago60
Fri Jan 20, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 73
Views: 6864

Re: Vanguard vs. Fidelity [Customer Service Reputation]

Love Vanguard's fund selections and the website is very fine by me. But the customers service...night vs day relative to Fidelity's. I agree completely. I have had an account at Fidelity for 10 years. Never a problem or issue. I opened a Roth401K last summer at Vanguard for my individual 401K. (Fid...
by Chicago60
Fri Jan 20, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: ok to pull plug and retire?
Replies: 52
Views: 8594

Re: ok to pull plug and retire?

Great link, Livesoft. Thank you. Bookmarked. I'm sorry a few of you take this as bragging. It is really not my purpose. From the survey it's pretty clear at least a few folks have significantly more than I. But I do appreciate that you feel I am humble. I do feel blessed for many reasons. Retiremen...
by Chicago60
Thu Jan 19, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Y2k retiree how is s/he holding up after 2016
Replies: 26
Views: 4555

Re: Y2k retiree how is s/he holding up after 2016

livesoft wrote:The following may interest readers of this thread.
Case Study 2000-2016
Interesting, indeed. Thanks.
by Chicago60
Thu Jan 19, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Suggestions: where?
Replies: 20
Views: 2281

Re: HSA Suggestions: where?

Thanks for the responses; very much appreciated. I did further research and discovered I can invest in Vanguard 500 through Fifth Third where I currently hold my HSA account, with somewhat reasonable fees. I likely will stay put.
by Chicago60
Thu Jan 12, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Suggestions: where?
Replies: 20
Views: 2281

Re: HSA Suggestions: where?

Excellent resources, thanks to all. I should have mentioned I am a sole proprietor, so I am my employer.
by Chicago60
Thu Jan 12, 2017 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Suggestions: where?
Replies: 20
Views: 2281

HSA Suggestions: where?

I have now funded 3 years' worth of HSA at $7,750 per year with a balance now over 20K at Fifth Third bank, which is paying virtually no interest. No investment options, but also no fees at all. I rather move the funds and invest them for 8+ years until I use the balance to begin paying Medicare sup...
by Chicago60
Thu Jan 12, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: [Redemptions missing from Treasury Direct Account]
Replies: 20
Views: 1477

Re: Fraud in Treasury Direct Account

Thank you for the compassion. What's most concerning is they were not small numbers like 20K &15K. I guess I didn't like the 1.1%yield. This will take me while to live down and think about how to handle future investments. At least, I started Target retirement fund for large part of IRAs earlier la...
by Chicago60
Mon Jan 09, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 6057

Re: No Vanguard Customer Support on weekends

As I recall when I researched last summer, FIDO would not allow me to open an individual 401K with a ROTH component.
by Chicago60
Sun Jan 08, 2017 4:10 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 6057

Re: No Vanguard Customer Support on weekends

Yet another example of poor customer service: In 2016, I opened by individual Roth 401K with Vanguard. I then decided to fund my traditional 401K and contacted Vanguard by telephone just before Christmas to open that account, and fund before year-end (I know I did not need to fund by 12/31, but that...
by Chicago60
Wed Dec 21, 2016 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Makes No Sense to Contribute to 401K, right?
Replies: 20
Views: 2791

Re: Makes No Sense to Contribute to 401K, right?

If you get rid of your entire traditional IRA by converting it to a Roth (or by rolling it into an employer plan), you may be able to contribute to a backdoor Roth IRA. Not possible, but thanks for the thought. My IRA is at $2 million. Hence, why I want to begin converting to Roth IRA up to the top...