Search found 6299 matches

by Epsilon Delta
Mon Feb 27, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare/ACA and Early Retirement
Replies: 16
Views: 748

Re: Obamacare/ACA and Early Retirement

Actionable: those contemplating early retirement right now do need to carefully consider their worst-case health care costs. There is no worst-case. No matter how bad a scenario you come up with there is something worse. If you can't think of it that's a failure in imagination, not a limit on how b...
by Epsilon Delta
Mon Feb 27, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Where to start - converting from generator/UPS to more reasonable solar / powerwall?
Replies: 6
Views: 287

Re: Where to start - converting from generator/UPS to more reasonable solar / powerwall?

15 year old but barely used G75F1S Olympian (Caterpillar) generator set, producing 63 kW from natural gas, :shock: That's not a whole house backup that's a whole village backup. If you must have a backup the reasonable way to do it is to put in a 5kW or 10kW generator and prioritize the loads. The ...
by Epsilon Delta
Mon Feb 27, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Do you clear your inbox?
Replies: 33
Views: 1386

Re: Do you clear your inbox?

Then one day an order came down from on high insisting that everybody delete all emails that were more than a month old, and that we do it on a tight deadline. I've had the same experience. Driven by the lawyers, I suspect; if nothing is retained, then nothing can be discovered. Makes me less produ...
by Epsilon Delta
Mon Feb 27, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6880

Re: risk of my Tesla deposit

Anybody who has ever run out of gas is not a good candidate for an EV. I have never in my 30+ year driving career run out of gas. So I am a good candidate? ;) You are a good candidate for a course in symbolic logic: (A⇒B) ⊭ (B⇒A) Loosely, not running out of gas removes just one reason to avoid an E...
by Epsilon Delta
Mon Feb 27, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Gifting Daughter for Home Purchase
Replies: 6
Views: 496

Re: Gifting Daughter for Home Purchase

If you decide to withdraw from your IRA, but drawing 40k in one year bumps you up a tax bracket you could use a combination of tIRA and Roth money. One way to look at this is instead of withdrawing 40k from the tIRA, withdraw 20k from the tIRA, 20k from the Roth and the next year convert 20k from tI...
by Epsilon Delta
Mon Feb 27, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6880

Re: risk of my Tesla deposit

The second cohort might have to wait until Superchargers (including non-Tesla ones) are as common as gas stations before they trust EVs. The slower chargers are useless if you don't plug in when you're parked near one. Superchargers are not enough. If you run the battery flat recovery is more compl...
by Epsilon Delta
Sat Feb 25, 2017 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6880

Re: risk of my Tesla deposit

No offense, but I have found multiple times that Prius drivers seem to be averse to just getting a full battery EV. With apologies to Douglas Adams, A Prius is almost but not entirely unlike an EV. A Prius is a gas powered vehicle with an electronic transmission. Why people think this resembles an ...
by Epsilon Delta
Sat Feb 25, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6880

Re: risk of my Tesla deposit

The default probabilities for Tesla are probably well below 1% until 18 months out, then they probably approach 1% at about 3 years. I'll throw out a WAG that Tesla will float another convertible bond sometime over the next year or two. Default risk of 1% in three years seems awfully low. I'd rate ...
by Epsilon Delta
Sat Feb 25, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA [May not have done this correctly]
Replies: 2
Views: 136

Re: Backdoor Roth IRA

I am pretty sure I have fallen into the category of people who mess up the backdoor roth IRA, I'm just not sure how badly. I created a traditional and a roth IRA account at vanguard for my wife and myself. I invested 5500, post tax, into the traditional IRA for each of us in 2016 and then quickly r...
by Epsilon Delta
Sat Feb 25, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: mom wants smart phone, are there classes on how to use?
Replies: 37
Views: 1807

Re: mom wants smart phone, are there classes on how to use?

I have taken a few classes on things like this. They have varied in quality between useless and a complete waste of time. I have occasionally asked teenagers for help with roughly the same result. Teenager's think they know everything, but they don't. It's particularly annoying when they ask for hel...
by Epsilon Delta
Sat Feb 25, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6880

Re: risk of my Tesla deposit

What happens to people who buy a $1400 plane ticket to Europe 6 months ahead of time and the airline files for bankruptcy? the answer in the second is that people still take their flights. That is not true. There have been numerous cases where ticket holder are SOL. If they are lucky they paid for ...
by Epsilon Delta
Sat Feb 25, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Please vote on the wisest decision
Replies: 49
Views: 2765

Re: Please vote on the wisest decision

KlangFool, it would take me about 2 years to save for it, tell me what to do if a crash happened when I am about to close on a home? And safer funds are no different than a high yield saving account for that short period Owning the safer funds in the Roth gives you a few hundred in tax free income,...
by Epsilon Delta
Sat Feb 25, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Cloudbleed Bug
Replies: 14
Views: 1376

Re: Cloudbleed Bug

I love being able to perform financial transactions over the internet, but I'm beginning to fear the hackers will win, and 10 years from now we'll be using snail mail again. :( The more likely outcome is somebody connects the USPS sorting machines to the Internet and even snail mail isn't safe from...
by Epsilon Delta
Sat Feb 25, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Roth "earned income" is 1040 Line 7 only? (salary) ; filing an amendment ? :)
Replies: 8
Views: 543

Re: Roth "earned income" is 1040 Line 7 only? (salary) ; filing an amendment ? :)

But the term used in pub 590-a since last year is " taxable compensation ". Which includes, among other things, "non-taxable combat pay". :confused That must have been a fun meeting. :twisted: The takeaway is that you can't parse terms too finely. Just read the instructions, and...
by Epsilon Delta
Fri Feb 24, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to allocate tiny Roth balance?
Replies: 4
Views: 298

Re: How to allocate tiny Roth balance?

After you do the backdoor conversion you can combine the $699 with this years $5,500 and meet the minimums for whatever you invest in. The effort people put into investing small amounts of money for a few months is out of proportion to the possible gains. There is also the risk that jumping through ...
by Epsilon Delta
Fri Feb 24, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: saving IRA 5498 statements - which file folder
Replies: 8
Views: 262

Re: saving IRA 5498 statements - which file folder

jebmke wrote:You have discovered one (of several) weaknesses of physical records. Objects can't appear to be in more than one place.


Photocopiers were invented a long time ago.

If you say that's a copy not the original I will respond that you only ever had a copy of 5498, the IRS has the original.
by Epsilon Delta
Fri Feb 24, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: What if someone gets your password and transfers money from your bank to theirs?
Replies: 36
Views: 4271

Re: What if someone gets your password and transfers money from your bank to theirs?

How would they do this? I'm not saying it's impossible, but it's not easy. Sure it is. Trying to capture passwords is what a lot of viruses and malware do. I didn't mean how do they get your password. That part is easy. I mean, once they have your password, how do they use it to transfer money from...
by Epsilon Delta
Fri Feb 24, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Simple line item on IRS Form 8606 incorrect
Replies: 5
Views: 331

Re: Simple line item on IRS Form 8606 incorrect

Did you follow the instructions in the box below line 3? In 2016, did you take a distribution from traditional, SEP, or SIMPLE IRAs, or make a Roth IRA conversion? NO. Enter the amount from line 3 on line 14. Do not complete the rest of Part I. YES. Goto line 4. If you should have filled out line 4 ...
by Epsilon Delta
Fri Feb 24, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Filing For Extension?
Replies: 8
Views: 231

Re: Filing For Extension?

I routinely file for an extension, because I expect certain information I need to complete my return to be delayed. Some years I have received all the information to file by April 15th and have done so. I have never heard a word of complaint from the IRS.
by Epsilon Delta
Fri Feb 24, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA contribution recharacterization
Replies: 8
Views: 355

Re: Roth IRA contribution recharacterization

I wondered if I was overlooking the possibility of gains affecting the calculation, and later polluting the IRA. I've fastidiously avoided this with my own IRAs as I have no desire to file extra forms every year to track basis differences, and I'm not about to agree to do this for her as well. If I...
by Epsilon Delta
Fri Feb 24, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Banks with 2 factor authentication?
Replies: 18
Views: 1252

Re: Banks with 2 factor authentication?

All two factor authentication is based on hardware. Sometimes the hardware is a U2F key. Sometimes the hardware is a PC, or a smart phone, or somebodies server. A U2F key has a non-zero chance of being secure. The rest do not. An SMS code is not based on hardware authentication, because the bank do...
by Epsilon Delta
Fri Feb 24, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA contribution recharacterization
Replies: 8
Views: 355

Re: Roth IRA contribution recharacterization

I don't see any obvious snags. But... You may be too focused on owing little or nothing on April 15th and on avoiding an under-withholding penalty. Do you understand all the safe harbors? Withholding of 100% (110% for higher income people but that does not appear to be in play here) of last years ta...
by Epsilon Delta
Fri Feb 24, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Banks with 2 factor authentication?
Replies: 18
Views: 1252

Re: Banks with 2 factor authentication?

All two factor authentication is based on hardware. Sometimes the hardware is a U2F key. Sometimes the hardware is a PC, or a smart phone, or somebodies server. A U2F key has a non-zero chance of being secure. The rest do not. To paraphrase C.A.R. Hoare: "There are two ways of constructing two ...
by Epsilon Delta
Fri Feb 24, 2017 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Ethical dilemma involving birthdays and wine..
Replies: 35
Views: 3438

Re: Ethical dilemma involving birthdays and wine..

This is not a gift, it is a sales pitch. The social protocols of personal relationships do not apply to advertising. Advertisers will try to hijack social niceties for their own purposes. Etiquette does not require you to play the patsy. You are not allowed to kill them and eat them. but you owe the...
by Epsilon Delta
Fri Feb 24, 2017 1:35 am
Forum: Investing - Theory, News & General
Topic: The 100 year flood and stock market statistics
Replies: 21
Views: 1875

Re: The 100 year flood and stock market statistics

Continuing the tangent... I think, as you say, that earthquakes around the Pacific rim are a decent analogy for the stock market as we think we know it. One thing we can be sure about is the rocks will not read any theories and will not change their behavior. This is quite different from something ...
by Epsilon Delta
Thu Feb 23, 2017 1:53 am
Forum: Personal Consumer Issues
Topic: Do you replace your electrical switches/outlets or use an electrician?
Replies: 93
Views: 5153

Re: Do you replace your electrical switches/outlets or use an electrician?

The Wizard wrote:I still have the 1978 version of the NEC upstairs.

Time to retire that. It's closer to the age of knob and tube than the present day.

I'd suggest a Viking funeral using some steel wool and a 9-V battery.
by Epsilon Delta
Thu Feb 23, 2017 1:09 am
Forum: Personal Finance (Not Investing)
Topic: Estimated tax payments
Replies: 9
Views: 586

Re: Estimated tax payments

cheese_breath wrote:Just be sure you specify the correct quarter for each payment you submit.

Why? The date of the payment matters. The designated quarter does not.
by Epsilon Delta
Tue Feb 21, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: Garage Floor Covering - Need Advice
Replies: 20
Views: 1195

Re: Garage Floor Covering - Need Advice

Epoxy turns fairly conductive concrete into an insulator. Expect static shocks when you leave the car.
by Epsilon Delta
Tue Feb 21, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Bluetooth Transmitter
Replies: 4
Views: 494

Re: Bluetooth Transmitter

I see wilked's features "low latency." Ours doesn't. Some TVs, cable boxes etc. have an adjustment for this. They can delay the picture or audio to bring them more closely into sync. Might be worth poking around the menus if it really annoys you. Personally I find that on all TV programs ...
by Epsilon Delta
Fri Feb 17, 2017 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1209

Re: Social Security Calculator - COLA Adjustment

How old are you? For the year you turn 63 and later you get a CPI-U based COLA. For the year you turn 60 and earlier your PIA will be increase based on the National Average Wage Index. For the years you turn 61 and 62 there are no adjustments. Thanks. I was not aware of the formula before. I'm 57. ...
by Epsilon Delta
Fri Feb 17, 2017 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Help with filing for 2015 Excess Roth Contribution in 2016
Replies: 5
Views: 274

Re: Help with filing for 2015 Excess Roth Contribution in 2016

Again, this does not cost you anything in total dollars unless your tax rate in higher in 2016. It just hits your cash flow because you will be out for 2 years of tax and penalty on the earnings for awhile until you get your refund from the already amended 2015 return . You probably will not get th...
by Epsilon Delta
Fri Feb 17, 2017 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1209

Re: Social Security Calculator - COLA Adjustment

How old are you?

For the year you turn 63 and later you get a CPI-U based COLA.
For the year you turn 60 and earlier your PIA will be increase based on the National Average Wage Index.

For the years you turn 61 and 62 there are no adjustments.
by Epsilon Delta
Thu Feb 16, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Really Vanguard? 48 Cents?!
Replies: 40
Views: 4601

Re: Really Vanguard? 48 Cents?!

You should be able to contribute the $0.48 for 2016 in conjunction with a 2017 contribution.

If nothing else the contribution slips that go out with paper statements have lines for 2016, 2017 and a total. I bet they'd find a way to handle it instead of going to the trouble of bouncing it.
by Epsilon Delta
Thu Feb 16, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Can we automate Vanguard brokerage ETF purchases?
Replies: 20
Views: 876

Re: Can we automate Vanguard brokerage ETF purchases?

I would be concerned my automatic purchase would occur at the bottom of a flash crash. :shock: I would love, Love, LOVE for my automatic purchase to occur at the BOTTOM of a flash crash. I would guess that you are in the minority on this. :) Didn't they unwind the trades at the bottom of May 6? And...
by Epsilon Delta
Thu Feb 16, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Wellstrade Fund to ETF Conversion for Vanguard Fund
Replies: 6
Views: 188

Re: Wellstrade Fund to ETF Conversion for Vanguard Fund

You should be able to transfer in kind to Vanguard, have Vanguard do the conversion and then transfer the ETF back,

There will be hassle and maybe fees, but it should be possible. You'd probably need a strong motivation to do so.
by Epsilon Delta
Thu Feb 16, 2017 11:18 am
Forum: Investing - Theory, News & General
Topic: International ETFs with 0% dividend withholding tax?
Replies: 7
Views: 554

Re: International ETFs with 0% dividend withholding tax?

If such an ETF were market-cap weighted (what else would you want?) then it would be 47% Hong Kong, 22% India, 9% Singapore, 7% Brazil, 5% Malaysia. (Technically the UK would make up 99% of the ETF but that's boring so I left it out of the above calculation...) I think you overstate the size of the...
by Epsilon Delta
Thu Feb 16, 2017 12:57 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 3628

Re: How do you handle switching your handbag?

FedGuy wrote:
JenDesi7 wrote:I know guys notice shoes.

No, we don't.

I notice shoes if they requires rerouting to avoid ventilation grates.

I also notice bags if they are too small and try to turn my pockets into an annex.
by Epsilon Delta
Wed Feb 15, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth Form 8606 Question
Replies: 6
Views: 410

Re: Backdoor Roth Form 8606 Question

in Pub 590A you will find: Both contributions for 2016 and distributions in 2016 If all three of the following apply, any IRA distributions you received in 2016 may be partly tax free and partly taxable. ⋅ You received distributions in 2016 from one or more traditional IRAs, ⋅ Yo...
by Epsilon Delta
Wed Feb 15, 2017 11:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard leaves crumbs for active fund managers
Replies: 21
Views: 2594

Re: Vanguard leaves crumbs for active fund managers

I don't really have any serious argument about what you say (I think indexing is benign) but just as a nit pick. Legally, each VG fund is a separate legal entity/company. So, I would assume for governance, if this were an issue, we would consider the size of a mutual fund rather than the brokerage ...
by Epsilon Delta
Wed Feb 15, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Never-Ending Foreign Tax Credit Problem
Replies: 33
Views: 2409

Re: Never-Ending Foreign Tax Credit Problem

The generalized version of this is But it doesn't hurt to read ..... the instructions I have read the instructions, and it did hurt. :twisted: Houseblend suggested Tylenol. I think somebody should investigate if form 1116 is responsible for the opioid epidemic. At least they've relaxed the rules si...
by Epsilon Delta
Wed Feb 15, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5683

Re: Reopening Roth after a panic move - need advice on investment

Just got off the horn w/ Vanguard. All set. This wasn't/isn't employer sponsored, so it's going in as a contribution. I went with TRF 2015 for now. Thanks again for all the input. This is wrong. If it came out of an IRA of any type (and wasn't a RMD) it's rollover eligible. If you don't intend to c...
by Epsilon Delta
Wed Feb 15, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: How & when to sell lots of a single stock with huge capital gains
Replies: 40
Views: 2682

Re: How & when to sell lots of a single stock with huge capital gains

1) I would seriously consider moving to Reno for a year to avoid CA residency tax. Moving to Reno for a year does not avoid CA residency. Moving to Reno for the rest of your life and after a year deciding you don't like Reno and moving back to CA does avoid CA residency. For large amounts of money ...
by Epsilon Delta
Wed Feb 15, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mailed Speeding Ticket via Auto System - Not Driver
Replies: 57
Views: 1692

Re: Mailed Speeding Ticket via Auto System - Not Driver

They sent you a picture of your car and the ticket, so why not send them a picture of a check? If they don't then send you a picture of a set of handcuffs, maybe you're off the hook. :) They might be able to deposit a picture of a check. Even before check21 a picture of a check could have all the r...
by Epsilon Delta
Wed Feb 15, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: 401k, Income Taxes, and Moving During Calendar Year
Replies: 15
Views: 392

Re: 401k, Income Taxes, and Moving During Calendar Year

I think TheGraduate has the right idea. But part year income tax returns can be peculiar. It's best to check the rules for Massachusetts.
by Epsilon Delta
Wed Feb 15, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5683

Re: Reopening Roth after a panic move - need advice on investment

TR 2015 sounds pretty good. Something else may be better, but not a lot better. Many things are worse, some are a lot worse.

Remember the 60 day clock is ticking, so go with pretty good and get it done.
by Epsilon Delta
Wed Feb 15, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Converting a new Roth to a Traditional IRA
Replies: 20
Views: 871

Re: Converting a new Roth to a Traditional IRA

I just double checked in Turbo Tax, and I if I recharacterized my Roth contributions to tIRA, I would be eligible for the 10% level of the Saver's Credit, or $550. Since that 10% level is so broad, however (MAGI of $20,000 - $30,000), I would be eligible for it whether or not I recharacterize. You ...
by Epsilon Delta
Wed Feb 15, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for early-ish retirees? [type of account for pre-59.5 expenses]
Replies: 9
Views: 956

Re: Investing for early-ish retirees? [type of account for pre-59.5 expenses]

There are several Roth tactics that may help. 1) any Roth contributions and many conversions can be withdrawn tax and penalty free. These may be used to fund pre 59.5 expenses. 2) Roth conversions can be used to make use of each years low tax bracket. 3) A five Roth conversion ladder can be used to ...
by Epsilon Delta
Wed Feb 15, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth with old existing nondeductible tIRA?
Replies: 5
Views: 244

Re: Backdoor Roth with old existing nondeductible tIRA?

I don't mind paying tax on the contribution, just was a little unclear how to handle it. We are happy to treat it as fully deductible. In that case how exactly, do we do this? The new account will be with Vanguard. When you file the first form 8606 for a backdoor conversion put zero on line 2 (Carr...
by Epsilon Delta
Wed Feb 15, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Closing bank accounts that were opened for bonuses
Replies: 2
Views: 330

Re: Closing bank accounts that were opened for bonuses

http://www.doctorofcredit.com/psa-dont-close-citigold-downgrade-it/ Other than meeting the requirements for obtaining the bonus, and meeting the requirements for leaving the account open long enough to avoid an early termination fee, should I have any concerns about closing these accounts down the ...
by Epsilon Delta
Wed Feb 15, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 103
Views: 10202

Re: The Wall Street Journal to close Google loophole entirely

The problem is that there's currently no middle ground between "subscribe to the entire newspaper at a price of $100+ dollars/year" and "read everything for free." I don't read enough articles in the WSJ to justify paying for a yearly subscription, but I'd be happy to pay a smal...

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