Search found 551 matches

by Gemini
Wed Dec 30, 2015 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need new EIN?
Replies: 7
Views: 675

Re: Do I need new EIN?

The link above contains a link to this page: https://www.irs.gov/Individuals/Business-Name-Change Thanks. Looks like this is something that needs a letter to be sent. Doesn't look like a quick online fix. Just curious, is this a single member LLC? If so, why did you obtain an EIN? As for your quest...
by Gemini
Wed Dec 30, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need new EIN?
Replies: 7
Views: 675

Re: Do I need new EIN?

Thanks for the updates.

Do I need to update the name of the business with the IRS or they don't care? It is already changed with the State.
by Gemini
Sun Dec 27, 2015 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need new EIN?
Replies: 7
Views: 675

Do I need new EIN?

I recently opened a sole proprietor LLC and obtained an EIN. I am in the process of now either trying to ammend the LLC for a name change or dissolve it all together and open a new LLC. Do I need a new EIN in either of the situations or can I use the same old?
by Gemini
Fri Dec 25, 2015 11:03 am
Forum: Investing - Theory, News & General
Topic: Continuation of the Perfect Storm Series
Replies: 29
Views: 1905

Re: Continuation of the Perfect Storm Series

Larry

Given your bleak predictions for the future, what do you recommend as a ballpark allocation for someone with 30 years to retire? Any particular funds you recommend at Fido or VG or TIAA or other major investment houses?
by Gemini
Wed Dec 16, 2015 2:48 pm
Forum: Personal Consumer Issues
Topic: I would like to play the Boglehead car game too
Replies: 163
Views: 9590

Re: I would like to play the Boglehead car game too

I wouldn't buy a new one just because it's 15 years old. If you want one, you can probably afford one, but spend your money on what makes you happiest. You don't sound like a "car guy" to me (I have to be careful saying that, apparently, as certain people become upset enough to direct ran...
by Gemini
Wed Dec 16, 2015 9:25 am
Forum: Personal Consumer Issues
Topic: I would like to play the Boglehead car game too
Replies: 163
Views: 9590

Re: I would like to play the Boglehead car game too

Get a S 550 and call it a day
by Gemini
Tue Dec 15, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA to Roth IRA - but now a balance in tIRA
Replies: 16
Views: 579

Re: tIRA to Roth IRA - but now a balance in tIRA

Just did another Roth conversion for $0.14.

Odd that this dividend payout occurred. Money was in traditional IRA less than 2 days. I opted to transfer/convert ALL of the assets to Roth - however, VG left the 14 cents in the traditional IRA.
by Gemini
Tue Dec 15, 2015 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: What should I invest my HSA in?
Replies: 11
Views: 1262

Re: What should I invest my HSA in?

Gemini, Before you consider investing anything, go back and think about the fact that investing costs matter. Expense ratios are among the few things you can control when you're investing, so you'd want to back up and re-examine your priorities when it comes to investing in funds. You've got Vangua...
by Gemini
Tue Dec 15, 2015 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA to Roth IRA - but now a balance in tIRA
Replies: 16
Views: 579

Re: tIRA to Roth IRA - but now a balance in tIRA

livesoft wrote:If you run tax software, the extra 14 cents will get rounded down to 0 and it will cost you no extra grief. Do the transfer before you get another 1 cent of accrued interest.


This would mean another Roth conversion, as per the VG website. Correct?
by Gemini
Tue Dec 15, 2015 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: What should I invest my HSA in?
Replies: 11
Views: 1262

Re: What should I invest my HSA in?

Going to bump and hijack. Didn't want to start a new thread. I am in the same situtation as the OP, albeit younger. This is my first year with a HSA, currently have about 2500. The HSA will likely grow at 2500 annually. Appears consensus is to go with something that is bit risky. Which one do you gu...
by Gemini
Tue Dec 15, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA to Roth IRA - but now a balance in tIRA
Replies: 16
Views: 579

Re: tIRA to Roth IRA - but now a balance in tIRA

I think you can figure this out for yourself, but here is a hint: Transfer 14 cents from one account to the other. Duh, but I just wanted to make sure there weren't any other implications. :P There have been several recent threads regarding this. I don't know what the right answer is, but what I'd ...
by Gemini
Tue Dec 15, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA to Roth IRA - but now a balance in tIRA
Replies: 16
Views: 579

tIRA to Roth IRA - but now a balance in tIRA

Opened up a traditional IRA at VG. Linked bank account. Transferred funds (5500). Funds came into tIRA money market. Opened Roth at VG. Transferred all of the shares. It now shows a $0.14 balance in the traditional IRA account - should be $0.00.

What gives? What to do?
by Gemini
Tue Dec 15, 2015 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a BMW i8 priced at ~150k?
Replies: 64
Views: 4921

Re: Can I afford a BMW i8 priced at ~150k?

LiveSimple wrote:Opened your message to say " go ahead" assuming you will have a bigger portfolio and middle aged !

Seems like you are too young, hence " keep the money invested" and check in another 8 - 10 years


WHy wait till middle age and let your young years fly by while driving a 50K car?
by Gemini
Tue Dec 15, 2015 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a BMW i8 priced at ~150k?
Replies: 64
Views: 4921

Re: Can I afford a BMW i8 priced at ~150k?

YOLO!

I struggle with the same. I make $, but have loans so essentially net negative. I would want a Ferrari. :beer

Nice car, but I would advise against it.
by Gemini
Tue Dec 15, 2015 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Older couple being swindled w/ Genworth Variable Annuity
Replies: 70
Views: 12179

Re: Older couple being swindled w/ Genworth Variable Annuity

Just an update (for anyone that has been following) - Transferred funds to VG. Now invested in VSMGX. :beer Gemini: Congratulations. The "older couple" are on their way to investment success! Best wishes. Taylor :sharebeer If you don't mind sharing, roughly how much did this inappropriate...
by Gemini
Mon Dec 14, 2015 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Older couple being swindled w/ Genworth Variable Annuity
Replies: 70
Views: 12179

Re: Older couple being swindled w/ Genworth Variable Annuity

Just an update (for anyone that has been following) - Transferred funds to VG. Now invested in VSMGX. :beer
by Gemini
Sun Dec 13, 2015 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Small/solo biz - cash vs accrual accounting - pros/cons
Replies: 13
Views: 759

Re: Small/solo biz - cash vs accrual accounting - pros/cons

matonplayer wrote:If you ever plan on selling your business prospective buyers are going to want to see balance sheets based on accrual methods. I learned this the hard way.


Not planning on selling.

Assuming cash method, if the money gets deposited Jan 1, 2015, is that considered payment for 2016 or 2015?
by Gemini
Sun Dec 13, 2015 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation
Replies: 23
Views: 4182

Re: Physician Compensation

Hello all, I am a graduating resident currently looking at a few prospective career opportunities. I have seen at least a few physicians posting and wanted to gather more advice/information. Soon to be out of residency, I am curious what compensation is reasonable in comparison to published data fr...
by Gemini
Sat Dec 12, 2015 11:08 am
Forum: Investing - Theory, News & General
Topic: Tilt Question: Small Caps
Replies: 52
Views: 3820

Re: Tilt Question: Small Caps

For all those who tilt to small and value, what is the highest ER you are willing to pay before turning away?

For all the tilters, if no good index fund exists for the tilt do you opt for an ETF instead?
by Gemini
Thu Dec 10, 2015 3:35 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

Thank you.

Trying to stay away from capsules.
by Gemini
Thu Dec 10, 2015 3:13 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

I have been doing a ton of research on espresso machines and went back and forth and questioned a lot of folks. For Price, ease of use and taste I ended up going with the Nespresso Pixie. Takes up little counter space, works very efficiently and very quickly and produces a beautiful dark espresso w...
by Gemini
Thu Dec 10, 2015 2:47 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

Thoughts between the two? https://www.wholelattelove.com/products/refurbished-jura-capresso-ena-micro-9-espresso-machine vs https://www.seattlecoffeegear.com/saeco-syntia-cappuccino-superautomatic-espresso-machine-certified-refurbished Gemini, Have you check up costco?? Good return policy... http:/...
by Gemini
Thu Dec 10, 2015 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Small/solo biz - cash vs accrual accounting - pros/cons
Replies: 13
Views: 759

Re: Small/solo biz - cash vs accrual accounting - pros/cons

I get paid after I do the work. So the cash flows in 30-45 days later. I am a solo employee, so there really is no hassle doing it either way. I suppose the cash method would be easier as you just look at the account on Dec 31 and run with it.
by Gemini
Wed Dec 09, 2015 11:39 pm
Forum: Personal Consumer Issues
Topic: San Antonio vs. Morgantown, WV for 2 docs
Replies: 99
Views: 5829

Re: San Antonio vs. Morgantown, WV for 2 docs

These are two very strange places to pick for a NYC/NJ couple. Be sure that this is where you want to go. Comparing Morgantown to NYC is almost like comparing two different countries as they are so different. I cannot comment on which of two to pick, but just wanted to echo what another poster menti...
by Gemini
Wed Dec 09, 2015 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Small/solo biz - cash vs accrual accounting - pros/cons
Replies: 13
Views: 759

Re: Small/solo biz - cash vs accrual accounting - pros/cons

BolderBoy wrote:
Gemini wrote:First year of my solo small biz. Researching which route to take and why. No clear answer.

For all those with their own small biz, what do you guys do? Why?

Any pros/cons of either method?

Thanks.

Will your biz have inventory?


No. It is consulting.
by Gemini
Wed Dec 09, 2015 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Small/solo biz - cash vs accrual accounting - pros/cons
Replies: 13
Views: 759

Small/solo biz - cash vs accrual accounting - pros/cons

First year of my solo small biz. Researching which route to take and why. No clear answer.

For all those with their own small biz, what do you guys do? Why?

Any pros/cons of either method?

Thanks.
by Gemini
Sun Dec 06, 2015 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Tax tips for dual, high income household
Replies: 20
Views: 2404

Re: Tax tips for dual, high income household

Gemini, Actually, there's quite a bit you can do to reduce your taxes. First, you need to really understand tax rules. You may not be able to change your income much, but you can definitely understand the ramifications of that income. Learn the rules and buy tax software. You need to understand exa...
by Gemini
Sat Dec 05, 2015 1:07 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 286
Views: 31908

Re: OPM breach and credit freeze

Ugh got the infamous letter as well.

Anyone care to summarize what is the recommended course of action from this long thread?
by Gemini
Fri Dec 04, 2015 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax tips for dual, high income household
Replies: 20
Views: 2404

Re: Tax tips for dual, high income household

Glad to see I am not missing much.The book makes it seem like there are some "insider" ideas that only certain tax advisors are aware of.

I am still in the "pay off student loans - max out retirement accounts" phase.
by Gemini
Thu Dec 03, 2015 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax tips for dual, high income household
Replies: 20
Views: 2404

Tax tips for dual, high income household

I am reading Sandy Botkin's lower your taxes big time book. He presents some interesting ideas and creative ideas on how to save on taxes. As a dual income household, I am always trying to further my knowledge on how to best save on taxes. The book advocates one should keep a "tax diary". ...
by Gemini
Thu Dec 03, 2015 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 66121

Re: Share your networth progression

I am leary about using online services that require sharing of passwords. With all of the hacking, it makes me a bit uneasy.
by Gemini
Wed Dec 02, 2015 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 66121

Re: Share your networth progression

How do all of you track net worth? Using paper pencil?
by Gemini
Fri Nov 27, 2015 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: 80/20 Portfolio Advice - let me know your thoughts!

I have a Vanguard solo 401k and they do not allow any incoming roll overs to be added to it. However Fidelity's solo 401k does allow rollover money to be added. I checked with both this week because we have SEPs and Rollover IRAs that limit our ability to do back door Roths and I was thinking of ro...
by Gemini
Fri Nov 27, 2015 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: 80/20 Portfolio Advice - let me know your thoughts!

My initial plan was to transfer Principal into TIAA, but TIAA does not allow any transfers. So my options are: 1. transfer into current gig 401K - but I would rather not as I have very little control over allocation 2. Open a solo 401K and transfer the Principal 401K into that Yet another option is ...
by Gemini
Fri Nov 27, 2015 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: 80/20 Portfolio Advice - let me know your thoughts!

Holy cow! Pay down the debt! You're used to living on 500k a year. If one of you loses your job, you'll have heck servicing that debt load and keeping your lifestyle. Caving into "Pressure to buy" with this much debt is just asking for trouble. Sorry to rain on the parade, but that's my 2...
by Gemini
Thu Nov 26, 2015 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 207
Views: 13526

Re: Push child to avoid expensive college?

Lots of anecdotal evidence in this thread. Same evidence is found wherever one researches. Reality is that it is all speculation. Numbers can be crunched to make a case for cheap vs expensive school. So, pick one and stick with it. Look back when your kid is 30 and, hopefully, it was the right choice
by Gemini
Thu Nov 26, 2015 11:25 am
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: 80/20 Portfolio Advice - let me know your thoughts!

Thanks for your input.

May be a silly question, but how exactly will I go about doing what you suggested in each account?
by Gemini
Thu Nov 26, 2015 8:25 am
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: 80/20 Portfolio Advice - let me know your thoughts!

Desired Allocation: 80/20 with somewhat of a small cap value tilt
International : 30%

Any suggestions on how to achieve the above with all of our accounts?

Thanks and Happy Thanksgiving!!
by Gemini
Mon Nov 23, 2015 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Any reasons why TD Ameritrade is NOT the best solo 401k provider? Trustee vs. Custodian?
Replies: 28
Views: 2357

Re: Any reasons why TD Ameritrade is NOT the best solo 401k provider? Trustee vs. Custodian?

Did we every clarify which provided is the way to go? I am in the same boat, but would rather avoid e trade bc of the extra fees.
by Gemini
Sun Nov 22, 2015 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: What should I invest my HSA in?
Replies: 11
Views: 1262

Re: What should I invest my HSA in?

The HSA should be invested as if it were part of your IRA, because it serves the same purpose: both will cover your expenses in retirement. It doesn't really matter what is in the HSA versus what you hold outside, since you can move money freely. If you have $10K in stock in your Roth IRA and the s...
by Gemini
Sat Nov 21, 2015 10:58 am
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

Looks like DW prefers "volume" for the AM commute. Would a super auto producing an Americano be the way to go? We have a drip coffee maker, but she would switch over to an Americano. The regular espresso(s) would be made on the weekend or perhaps once or twice on weekdays.
by Gemini
Sat Nov 21, 2015 12:17 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 59
Views: 5577

Re: Best Use of Ultimate Rewards Points

How do Chase UR compare to Amex Rewards?

I have both card and thinking of getting rid of the Amex gold card as I reach for my chase more and more.
by Gemini
Sat Nov 21, 2015 12:15 am
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: High Earner Portfolio Advice - let me know your thoughts!

Is the following okay for the equities portion of the portfolio? [] Figured it is good to be diversified 25% US Large Market 25% US Small Value 25% International Large Value 25% International Small Market Diversification can most easily be achieved by purchasing total market funds, as proposed in t...
by Gemini
Fri Nov 20, 2015 9:03 am
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

anyone purchased a refurbished machine from ScG?

I'm looking at this Jura ENA Micro 9 : https://www.seattlecoffeegear.com/jura- ... oduct-tabs

Thoughts on above?
by Gemini
Thu Nov 19, 2015 10:58 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 4760

Re: Espresso Machine Recs

Do these super auto espresso machines also make coffee? Is an Americano from one of these machines similar to regular drip coffee?

Leaning towards a super auto. Doesn't look like I need a grinder if I get a super auto. Right?
by Gemini
Thu Nov 19, 2015 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: 80/20 Portfolio Advice - let me know your thoughts!
Replies: 30
Views: 3919

Re: High Earner Portfolio Advice - let me know your thoughts!

Is the following okay for the equities portion of the portfolio? Does it matter in which account each is held? Figured it is good to be diversified

25% US Large Market
25% US Small Value
25% International Large Value
25% International Small Market
by Gemini
Wed Nov 18, 2015 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401K -> Contribution Time Frame??
Replies: 12
Views: 377

Re: Solo 401K -> Contribution Time Frame??

Hi, I understand that if I want to contribute to 2015 Solo 401K, I have to establish the account by 12/31/2015. Does the deadline of 12/31/2015 applies towards my Solo 401K contribution too? Or, I have until 4/15/2016 for my 2015 Solo 401K contribution?? Thanks in advance... KlangFool Based on your...

Go to advanced search