Search found 856 matches

by Crow Hunter
Sat Dec 09, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 25
Views: 2724

Vanguard estimated year end distributions

[moved Crow Hunter's post into this existing thread - moderator prudent]

https://institutional.vanguard.com/VGAp ... tion122017

I didn't see this posted yet.

Enjoy!
by Crow Hunter
Sat Nov 11, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9377

Re: Thouhgts about wearing a "uniform"/same thing everyday?

OP: Everyone has a brand, a schema by which they are known. Do you really want your brand to be associated with a lack of fashion sense and eccentricity? Wouldn’t you rather be known as the smart/creative/reliable/<insert here> coworker/subordinate/ prospective promotee? Anything that will get peop...
by Crow Hunter
Sat Nov 11, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19465

Re: Why NOT make more money?

Real life example: My Father worked for 30+ years for the "telephone company". He retired in August of the year he turned 60 with more than enough money to do what he wanted to do. There was no family history of serious health problems in the family (his brothers and sisters are either still alive ...
by Crow Hunter
Fri Nov 10, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9377

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I had an actual uniform during my first 10 years of employment. The company both provided them and cleaned/replaced them for us. I liked it, a lot. I wish my current company would do something like that. It is nice to be able to tell who is obviously not an employee at a glance and at the Japanese O...
by Crow Hunter
Fri Nov 10, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19465

Re: Why NOT make more money?

I don't understand the line of reasoning that you are giving up a year of your life if you continue working. Do all of you work in sweatshops that forbid time off on the weekends, prevent long vacations once or twice a year, and ignore holidays like Thanksgiving and Christmas? It's okay to travel o...
by Crow Hunter
Fri Nov 10, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19465

Re: Why NOT make more money?

Real life example: My Father worked for 30+ years for the "telephone company". He retired in August of the year he turned 60 with more than enough money to do what he wanted to do. There was no family history of serious health problems in the family (his brothers and sisters are either still alive o...
by Crow Hunter
Wed Nov 08, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13135

Re: How old are you and how much do you save for retirement a year

I am 44, wife is 39. We save: $36,000 401k(s)+ 4% match and variable profit sharing (me) and 3% wife $11,000 Roth $3,400 HSA (me) $36,000ish taxable (usually $3,000/month sometimes more, sometimes less depending on bills/spending) Total $86,000 + employer match + variable profit sharing amount and ...
by Crow Hunter
Wed Nov 08, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13135

Re: How old are you and how much do you save for retirement a year

I am 44, wife is 39. We save: $36,000 401k(s)+ 4% match and variable profit sharing (me) and 3% wife $11,000 Roth $3,400 HSA (me) $36,000ish taxable (usually $3,000/month sometimes more, sometimes less depending on bills/spending) Total $86,000 + employer match + variable profit sharing amount and w...
by Crow Hunter
Thu Nov 02, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: HSA/HDHP Primary and "Medicaid" Secondary question
Replies: 2
Views: 272

HSA/HDHP Primary and "Medicaid" Secondary question

We are currently in open enrollment at my workplace. My company offers a traditional PPO and a HDHP/HSA health plan with annual employer matching contributions as options. The costs have gone up significantly on the traditional PPO plan while the HDHP plan has stayed the same. I have a buddy here th...
by Crow Hunter
Wed Oct 25, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: Treating an inherited spousal IRA as your own
Replies: 6
Views: 734

Re: Treating an inherited spousal IRA as your own

Both options #1 and #3 are essentially the same, whether Joan Jones assumes ownership of the inherited IRA or rolls it into another IRA she owns. In both cases it is no longer an inherited IRA and it is just a normal Joan Jones IRA with no special titling. As alex_686 said; most custodians require ...
by Crow Hunter
Wed Oct 25, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Treating an inherited spousal IRA as your own
Replies: 6
Views: 734

Re: Treating an inherited spousal IRA as your own

Flobes wrote:
Wed Oct 25, 2017 2:28 pm
New article from Michael Kitces, published today. Very detailed and comprehensive.
Spousal Rollover Rules for Inherited IRAs
Excellent, thank you!
by Crow Hunter
Wed Oct 25, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Treating an inherited spousal IRA as your own
Replies: 6
Views: 734

Treating an inherited spousal IRA as your own

The way I understand it, a spouse has the choice when inheriting an IRA -Roll it into their own IRA -keep it as an inherited IRA and take RMDs when the original owner would have turned 70.5 or -"treat it as their own" and wait to take the RMD until they turn 70.5 Obviously the second option would no...
by Crow Hunter
Sat Oct 14, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Voluntary Corporate Action Tendered Offer Wal-Mart questions
Replies: 8
Views: 675

Re: Voluntary Corporate Action Tendered Offer Wal-Mart questions

I'll chime in and say that it's probably a good opportunity to simplify your portfolio if you want to reduce your individual bond holdings. With corporate bonds, I generally think it's better to hold them in funds or ETFs. I think you need at least 10, if not 20 well-chosen names to adequately dive...
by Crow Hunter
Fri Oct 13, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Voluntary Corporate Action Tendered Offer Wal-Mart questions
Replies: 8
Views: 675

Re: Voluntary Corporate Action Tendered Offer Wal-Mart questions

Thanks! I have only the most basic understanding of bonds, especially individual bonds and I still don't 100% understand it but I do feel comfortable enough to believe that I am not leaving anything significant on the table. I appreciate the information and clarifications. It is part of a relatively...
by Crow Hunter
Fri Oct 13, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Voluntary Corporate Action Tendered Offer Wal-Mart questions
Replies: 8
Views: 675

Voluntary Corporate Action Tendered Offer Wal-Mart questions

I own a $14,000 Wal-Mart corporate bond CUISP931142CB7 at 5.25% coupon. I have been notified that Wal-Mart is offering to buy this bond back in an effort to reduce their interest rates. Here are the details: https://news.walmart.com/2017/10/06/wal-mart-stores-inc-announces-cash-tender-offer-for-cert...
by Crow Hunter
Mon Oct 09, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 7179

Re: How big a portfolio should I have before retiring?

I'll give your post careful consideration but I must admit that I had a strong reaction against the idea of waiting until 45 because it seems wildly conservative and it would bring me a great deal of unhappiness in my limited time on this planet. Based on rough mental calculations I just made: By 4...
by Crow Hunter
Thu Sep 21, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Are quality exterior doors worth it?
Replies: 17
Views: 2206

Re: Are quality exterior doors worth it?

It's nice they stand by their work, but warranties are an actuarial bet and the chances of anyone calling in that warranty in decades are essentially zero. I agree. I've seen a lot of doors in houses that are decades old and still in good shape. In fact, I can't think I've ever seen a door fail oth...
by Crow Hunter
Wed Sep 20, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Are quality exterior doors worth it?
Replies: 17
Views: 2206

Re: Are quality exterior doors worth it?

Having Multipoint locking hardware is worth upgrading over just a Mortise Lock on a traditional door. It is more secure but more importantly it will engage the frame in multiple locations and it will keep the door from warping away from the weather strip and letting outside air/bugs into the dwellin...
by Crow Hunter
Tue Sep 19, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 26469

Re: Calling out the not so rich bogleheads

I am 44, wife is 39. Neither of us have ever made more than 6 figures, combined we only broke 150K last year. Our net worth is over $2M. ---------------------------------------------------------------------------------------------------------------------------------------------- However: - We live i...
by Crow Hunter
Tue Sep 05, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: ACA 9.69% Affordability rule
Replies: 6
Views: 1007

Re: ACA 9.69% Affordability rule

IRA deduction will lower his MAGI, so that's good news. To avoid any potential issues, he could get a second job and make sure he does not work more than 30 hours at his main (current) job. Just an option he may not have thought of. He has been trying for over a year now to get something full time ...
by Crow Hunter
Tue Sep 05, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: ACA 9.69% Affordability rule
Replies: 6
Views: 1007

Re: ACA 9.69% Affordability rule

IRA (and HSA) are "above the line" deductions to AGI, so they do reduce MAGI for ACA purposes. Yes . Similarly, certain things like state income tax refunds (for the prior year) are additions for MAGI. Note that state income tax refunds are additions for MAGI *only if* the taxpayer claimed state in...
by Crow Hunter
Tue Sep 05, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: ACA 9.69% Affordability rule
Replies: 6
Views: 1007

ACA 9.69% Affordability rule

This is a question I am asking for my brother. I don't have a clue about the ACA but he has a Marketplace plan. He is only working part time and having trouble finding full time employment. He has gotten 4 different job offers but it falls through after the background check (ex-felon) even though he...
by Crow Hunter
Thu Aug 31, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How to buy raw (unimproved) land?
Replies: 34
Views: 3911

Re: How to buy raw (unimproved) land?

I have done this twice. Once to purchase timberland for investment purposes and I used a local bank that I had used since middle school and I still got difficult terms on a commercial loan. 40% down and 5 year ARM. Second time I also used Farm Credit Service: [url][/https://www.e-farmcredit.com/home...
by Crow Hunter
Wed Aug 30, 2017 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Reducing International Holdings?
Replies: 14
Views: 1483

Re: Reducing International Holdings?

Thanks to everyone for your comments. There have been several comments/questions related to my use of the term “risk” in my concerns about International stock. I base these comments on Vanguards Risk/Reward ratings on different funds. Total Stock Market has a rating of “4” where Total International ...
by Crow Hunter
Mon Aug 28, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Reducing International Holdings?
Replies: 14
Views: 1483

Reducing International Holdings?

I am currently at a 60/40 Domestic/International split. This is something that has been bothering me off and on for a while. I will do lots of research to convince myself that keeping my International at 40% of stocks is where I want it, but it will creep back up to bother me again. It isn't keeping...
by Crow Hunter
Fri Jun 02, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

Just a follow up for closure. We went and test drove the Defender. My wife loved it and the dealer was very good about the trade. After factoring in the sales tax savings from the trade in, it isn't bad at all. My wife says that just the added functionality that the Defender has over the Pioneer for...
by Crow Hunter
Wed May 31, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

We are going to test drive one this afternoon. If she likes it okay, she seems to be open to the idea of swapping. There are some attributes the Defender has that I think she will like over the Pioneer. She is also feeling better about the money aspect, especially if it will get me to stop obsessing...
by Crow Hunter
Tue May 30, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

If you can afford to trade it for what you want, then do so. That means you can afford to piss away the $3-6K loss. I don't know your financial situation, but if it is such that that amount is no big deal, then I'd trade. If it is a big deal, then you might have to sell it and do without for a whil...
by Crow Hunter
Tue May 30, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

Which Pioneer does he have? The Pioneer 500 and the Pioneer 700 are both in the traditional nearly bulletproof Honda standard. FIL has the 700. That would explain the difference in satisfaction. It might be time to take the big hit (sell at a discount) and move on. I'd perhaps write a letter to cor...
by Crow Hunter
Tue May 30, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

I dislike the way it drives Any utility vehicle or side by side drives harsh. I dislike the constant tinkering that is required to get it to run correctly Driving offroad beats the life out of vehicles. Tinkering is part of ownership. I dislike the fact that it is getting a reputation for clutch fa...
by Crow Hunter
Mon May 29, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

Might be easier, and cheaper to use a couple of horses and maybe a buggy. Proven technology. I have friends and relatives who do. It definitely isn't easier or cheaper you can't just put fuel treatment and a battery tender on a horse when you don't want to use it for a while. Plus, horses don't hav...
by Crow Hunter
Mon May 29, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

Off road breaks toys. In larger vehicles, automatics are preferred over clutches. Why? The torque converter dissipates the abuse as heat that would otherwise be clutch wear. I've 200K miles on my Montero's clutch and it was driven some off road in it early life, not so much now. A friend can exhibi...
by Crow Hunter
Mon May 29, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

It seems like you have purchase regret. My father in law has a Pioneer. He likes it. You are predicting future issues that may or may not happen. I would take a deep breathe, do nothing but drive it for 90 days. Step back from your inner self and need to "do something". I've had it for nearly a yea...
by Crow Hunter
Mon May 29, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

You already said you hate it - that would be enough for me. I'd try selling it on Craigslist or otherwise locally, and then look at the market leaders in the SxS space - Polaris, Can-Am, etc. I didn't even know Honda made a SxS TBH. They probably should stop. :D Can Am Defender is actually what I h...
by Crow Hunter
Mon May 29, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

You hate it, enough said. Sell it, take the loss, and move on. Why don't you get Honda to look at the clutch while you still own it so that if it needs replacing, it will have been done before you sell it which to me is a good selling point. My only advice on buying the new one is will you get as m...
by Crow Hunter
Mon May 29, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Re: Losing money on vehicle, should I or shouldn't I?

You have my permission to get rid of your headache. You don't have my permission to acquire a new one. :D :twisted: Haha. That is a worry. However, they are so darn useful around the house and farm and a lot of fun too. I can't be without one or I won't be able to pull my mower out of the lake when...
by Crow Hunter
Mon May 29, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2972

Losing money on vehicle, should I or shouldn't I?

I want to get some objective advice on something I am thinking about doing. I currently have an off road vehicle, a Honda Pioneer 1000-5 that I purchased last year. It has roughly 300 miles on it. I really dislike it. I dislike the way it drives, I dislike the constant tinkering that is required to ...
by Crow Hunter
Thu May 25, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

Thanks everyone.

I will give her the info and maybe have some better questions to ask.

I appreciate it!

:sharebeer
by Crow Hunter
Wed May 24, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

The friend's distributed RMD was evidently based on the friend's single life expectancy rather than either parent's, and that would only be correct if the friend was treated as a designated beneficiary rather than a successor beneficiary to father. The difference in RMD amounts is reflective of a 2...
by Crow Hunter
Wed May 24, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

The 1099-R that you will get for withdrawal from an inherited IRA would help tell the IRS what you are doing. One can always withdraw more than the RMD. And one can withdraw less than the RMD if doing the 5-year thing (see next). If one has a non-spousal inherited IRA, then there is always the 5-ye...
by Crow Hunter
Wed May 24, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

First the IRS enforcement mechanism is that there is a 50% penalty for any missed RMD amounts. That should be incentive enough for people to follow the rules. Although, the IRS has seemed very willing to waive the penalty if you self report and there is reasonable cause for the mistake. You need yo...
by Crow Hunter
Wed May 24, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

Drilling deeper into this issue, the inherited IRA custodian has two choices regarding RMD reporting. Basically, they can provide the amount of the RMD on Form 5498 or just check the RMD box, provide the year end value and offer to calculate the RMD if the beneficiary requests the calculation. Note...
by Crow Hunter
Wed May 24, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

On a "standard" IRA, there is a Form 5428 that is issued every May that tells the owner what the expected RMD was supposed to be. I've taken IRA RMDs for several years but have never seen a Form 5428? Goggle didn't seem to know of a 5428 that seems relevant either. As others pointed out, probably y...
by Crow Hunter
Wed May 24, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Re: Verifying IRS expectations on Inherited IRA

So is there a way to contact the IRS and ask them or get them to provide an "official" this is what the RMD should be value for an Inherited IRA? The reason being is I have a friend who has an inherited IRA, I was helping her with her taxes this year and the RMD amount didn't look right. So I calcul...
by Crow Hunter
Wed May 24, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Verifying IRS expectations on Inherited IRA
Replies: 20
Views: 1432

Verifying IRS expectations on Inherited IRA

On a "standard" IRA, there is a Form 5428 5498 that is issued every May that tells the owner what the expected RMD was supposed to be. Is there a method to verify what the IRS is expecting on a RMD for a given Inherited IRA? Do Inherited IRAs receive the same form? If not, how does the IRS determine...
by Crow Hunter
Tue Mar 28, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 720

Re: Spousal Inherited IRA Question (Great Alan S. Question) :)

Thank you Mr. Alan S.! I greatly appreciate your response. What if they did take the required RMD the year prior (or several years prior), but did not take the RMD prior to passing away in the current year? For instance, Jill passed away 10 years earlier leaving her IRA to her husband Jack. In 2016 ...
by Crow Hunter
Mon Mar 27, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 720

Re: Spousal Inherited IRA Question (Great Alan S. Question) :)

Just a bump. I believe from reading posts on Ed Slott's forum that the IRA will default to ownership of the recently deceased spouse and his/her bene(s) would use their own ages on Table 1 as Non-spouse Beneficiaries rather than using the recently deceased spouse's divisor as successor beneficiaries...
by Crow Hunter
Sun Mar 26, 2017 11:22 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 720

Spousal Inherited IRA Question (Great Alan S. Question) :)

The rules for a spousal IRA state that if the spousal beneficiary does not choose to roll over or assume ownership of a deceased spouses IRA that they must begin taking RMDs for the IRA in the year the deceased spouse would have turned 70.5 from Table 1 using their own age. However, the rules also s...
by Crow Hunter
Tue Mar 14, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Tennessee Taxes
Replies: 7
Views: 566

Re: Filing Tennessee Taxes

One thing that I didn't see mentioned is that while capital gains are not taxed, capital gains distributions from taxable mutual funds are. So if you have a fund in a taxable account that paid out a capital gains distribution in 2016, that has to be counted as well as the dividends.
by Crow Hunter
Sun Mar 12, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 3269

Re: Forced role change, what would you do?

I am close to, if not the highest paid engineer in the facility as I have been repeatedly told that I am bumping up against the compensation ceiling of my current role. Could this be a method of constructive dismissal so they could use my salary to hire two engineers straight out of college? Yes, i...