Search found 437 matches

by Good Listener
Fri Feb 16, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with similar bond ETFs: AGG, BND, SPAB
Replies: 4
Views: 327

Re: Help with similar bond ETFs: AGG, BND, SPAB

I would get another week or 2 of charts before concluding that there is a pattern that you can clearly arbitrage. Also, although you made your calculations with 1 cent spreads, are you certain that during routine trading that the bid/ask spread is 1 cent and not more?
by Good Listener
Fri Feb 16, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax & Form 8606
Replies: 9
Views: 1082

Re: TurboTax & Form 8606

Thanks folks for pointing it out. Yup, less than 24 hours after I indicated it wasn't available it indeed was available. I filed and feds accepted it in 30 minutes.
by Good Listener
Thu Feb 15, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax & Form 8606
Replies: 9
Views: 1082

TurboTax & Form 8606

Gee. I finished my taxes weeks ago on TurboTax Download and it said Form 8606 would be available today for filing. Nope. A phone call with them yielded no information. Does anybody know anything?
by Good Listener
Wed Feb 14, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3238

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

If you earn in the 300k range per year, cant you just pay for it? Not with a loan but cash. You've taken her so far without her worrying about money and I would finish it.
by Good Listener
Wed Feb 14, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: C-Suite etiquette advise needed
Replies: 27
Views: 3621

Re: C-Suite etiquette advise needed

I think there is a happy medium. I don't drink sugary soda. However if I was with a group of company officers (I was one several times) who were tasting new sugary beverages, I would have no problem taking a few sips. So unless you are an alcoholic and must absolutely abstain from ingesting a single...
by Good Listener
Mon Feb 12, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1794

Re: Help with Tax Loss Harvesting

livesoft wrote:
Mon Feb 12, 2018 9:32 am
Good Listener is wrong on this. Does that help?
Good Listener admits that he is often wrong but not here because he was asking.
by Good Listener
Sun Feb 11, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Soul searching on interest rates
Replies: 15
Views: 1292

Re: Soul searching on interest rates

I think you're mixing two very different concerns: The finances of the state of New Jersey and those of the US Government. The US government issues borrows in its own currency. If it borrows and spends $100, that money will make it through the economy and eventually ends up in the hands of someone ...
by Good Listener
Sun Feb 11, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1794

Re: Help with Tax Loss Harvesting

Good Listener, Below are my sales of these two funds: 01/16/2018 - VTSAX - 10k 01/23/2018 - VTIAX - 10k 01/29/2018 - VTSAX - 5k 01/29/2018 - VTIAX - 5k Total of 15k. If I sell them tomorrow and buy other funds as explained in previous posts, how can it violate if I buy non-identical funds? Please r...
by Good Listener
Sun Feb 11, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: Soul searching on interest rates
Replies: 15
Views: 1292

Re: Soul searching on interest rates

You don't say what the alternative is. I have looked at state specific funds for my state and every time I conclude that the spread with national funds makes them a wash at best. That may be the case with NJ. You might consider simply shifting your funds to a national fund with lower duration risk ...
by Good Listener
Sun Feb 11, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 taxes and AMT
Replies: 13
Views: 1481

Re: 2018 taxes and AMT

thanks for starting this thread, Op. I am also very unclear on AMT changes with the new tax changes. If income is $500,000 and one takes deductions, will there be AMT? My taxes will go up 17k with the new tax reform changes due to losing state tax and limiting property tax deductions, but I paid 19...
by Good Listener
Sun Feb 11, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1794

Re: Help with Tax Loss Harvesting

I thought, maybe wrongly, that this might be a wash sale because he bought the second set of shares within 30 days of the planned sale. Or would that be only if OP sold the 1st lot and held the 2nd but he/she is selling both so it's ok?
by Good Listener
Sun Feb 11, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Soul searching on interest rates
Replies: 15
Views: 1292

Soul searching on interest rates

I have a large position in bonds as part of my long term 50/50 strategy and am 65 and retired. It is mainly in the Vanguard NJ long term fund (duration 6.5 years). I am in the highest state tax bracket (9% marginal) which is why I take the single state risk. My investments are mainly for legacy purp...
by Good Listener
Tue Feb 06, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Taxes for Surgical Resident
Replies: 78
Views: 3583

Re: NYC Taxes for Surgical Resident

I withdraw my post. There is enough disagreement with it that it provides questionable value.
by Good Listener
Mon Jan 15, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Plan F/G question
Replies: 5
Views: 585

Re: Medicare Plan F/G question

OP, I agree with you that it is an absolute no brainer. Yes, underwriting is required, but if he isnt accepted, you just stay as is.
by Good Listener
Sat Jan 13, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 24
Views: 2111

Re: Renting in NYC for a new college grad. Best practices?

With no salary history or pay stubs, you will need a cosigner. I, in fact, had to cosign for my daughter for a year even after she had earned 70k a year as a resident because the rent was 3000 per month and they wanted something like 5 x rent.
by Good Listener
Sat Jan 13, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA alternative for 1 month? (it's $2,400 per month!)
Replies: 69
Views: 3507

Re: COBRA alternative for 1 month? (it's $2,400 per month!)

The board posters are all correct about the 60 day period of being able to retroactively claim coverage. I was in the situation once and had a one month hiatus and elected COBRA and paid it in advance. Why? Because things can get very hairy if you decide at say 50 or 55 days that you need the covera...
by Good Listener
Fri Jan 12, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: First time Medicare question
Replies: 18
Views: 992

Re: First time Medicare question

Do not despair. This is good. The 183 is the Medicare part B deductible. So you got the annual wellness visit, in this case welcome to Medicare, and then the other parts of the physical were billed and approved. That's good. Your deductible is now satisfied. The office is billing properly. I will ha...
by Good Listener
Thu Jan 11, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Trying to help acquaintence - medicare costs
Replies: 75
Views: 2853

Re: Trying to help acquaintence - medicare costs

Perhaps she has a Medicare Advantage Plan through the state teachers retirement system. She would still have to pay the Part B premium, and the pension deduction would pay for the advantage plan. Incorrect. A Part C plan, aka Medicare Advantage Plan, REPLACES Medicare Parts A & B, and sometimes als...
by Good Listener
Mon Jan 08, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20106

Re: Anyone disenchanted with retirement?

I get disappointed anyday I have anything on my schedule. I love it. Will be 2 years in April.
by Good Listener
Wed Jan 03, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3789

Re: E-reader for ebooks - Pros and Cons

I decided that these things are so inexpensive that I would just get the best. The newest and most expensive is the Kindle Oasis. It has several features that the others do not have. I am sure many will disagree with me and yes, it costs about 150 more but at your age, so what? Comfort is very impor...
by Good Listener
Mon Jan 01, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4363

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

Yes, please listen to Alex. This is a good thread so please let's not ruin it by being political. There is precedent in the tax code for some things being indexed to inflation and others not. I think that by law the brackets per se must be indexed. As pointed out here, the SALT was kept at 10K. Note...
by Good Listener
Fri Dec 29, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5894

Re: Keeping a checkbook register

I built a spreadsheet in LibreOffice that functions as my check register. It's been years since I used a paper checkbook. Thanks for this post! I just went online and found a LibreOffice template for a checkbook register. Only 11 paper checks (across two accounts) in 2017, and I think I am now free...
by Good Listener
Fri Dec 29, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3351

Re: Stopped Check 2018 Property Tax - Etiquette to County?

Doesn't the county provide some documentation to the IRS and taxpayer of the amount of real estate taxes paid by the taxpayer? If so, wouldnt the computer spit out a mismatch if the IRS instructs the counties on what they can and cannot include?
by Good Listener
Thu Dec 28, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 102
Views: 11195

Re: Any Instant Pot users here?

I make large bunches of rice, quinoa and pasta. Like 3 pounds at a time and I use a large pot on the stovetop. Will this do pasta?
by Good Listener
Thu Dec 28, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5894

Re: Keeping a checkbook register

Thank you all for your comments. It seems that most are comfortable not keeping a register and most in that group use an alternate like Quicken or Mint. Im not interested in those. Without these, would you still not keep a register? I have added this to the initial post as well.
by Good Listener
Thu Dec 28, 2017 6:42 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 132
Views: 8172

Re: What non fiction book will you be reading in 2018?

Almost all my reading since retirement has been fiction. My best friend bought me the new biography of Leonardo DaVinci by Isaacson. I am not an artsy guy but found this book to be unbelievably great although a much slower read than fiction that I tend to knock off at 2 books per week. I still have...
by Good Listener
Thu Dec 28, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5894

Keeping a checkbook register

I have always kept a checkbook register. I am now 65, but can literally look up an entry for any check I've ever written or see any direct deposit easily by date. I do balance the checkbook but most important for me is so that I can quickly scan for things I might want to see. I keep my number of en...
by Good Listener
Wed Dec 27, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 132
Views: 8172

Re: What non fiction book will you be reading in 2018?

Almost all my reading since retirement has been fiction. My best friend bought me the new biography of Leonardo DaVinci by Isaacson. I am not an artsy guy but found this book to be unbelievably great although a much slower read than fiction that I tend to knock off at 2 books per week. I still have ...
by Good Listener
Tue Dec 26, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRAs - Can they pull a switch-a-roo?
Replies: 34
Views: 3281

Re: Roth IRAs - Can they pull a switch-a-roo?

They can change anything. To whit, I have an annuity for 30 years (true story). It has very large gains. I am going to cash it out as part of estate planning as I don't need it and can afford to pay the tax. About 6 years ago, ACA imposed a 3.8% tax on all annuity income, not just since it was passe...
by Good Listener
Fri Dec 22, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Medicare premiums a year at a time.
Replies: 2
Views: 500

Re: Paying Medicare premiums a year at a time.

When one of us was paying quarterly Medicare Part B premiums, then started taking Social Security, there would have been one odd month remaining. (The premium was not being taken from the person’s monthly benefit, because that benefit hadn’t been started yet.) CMS allowed that four months premium c...
by Good Listener
Tue Dec 19, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Medicare premiums a year at a time.
Replies: 2
Views: 500

Paying Medicare premiums a year at a time.

In another thread, from a few years ago, somebody commented that they did this. I just want to check if this is okay or anybody else is doing it. After paying my January 2018 Medicare premium and IRMAAs, I am now set up for EZ pay automatic bank withdrawals for my monthly medicare premiums beginning...
by Good Listener
Mon Dec 18, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp wants to change my bonus!
Replies: 25
Views: 4659

Re: Megacorp wants to change my bonus!

I'd take the cash and not deal with vesting, etc. Then you also have no handcuffs of any type.
by Good Listener
Mon Dec 18, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5885

Re: Spending on myself, am I off base here?

Buy it. If I wanted something like that i would have gotten it. If a spouse wouldn't permit it, I'd recognize that there was serious marital pathology. I know about that having been divorced twice..
by Good Listener
Sun Dec 10, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 9218

Re: Why is Vanguard switching all accounts to brokerage accounts?

I habe resisted and kept mutual funds only. Do my reasons make sense? 1. Dividends and cap gains from mutual funds go to an additional Federal money market which is taxable so one has to then move that to a tax free money market if they want to avoid taxable interest. 2. The 1099 shows aggregate nu...
by Good Listener
Fri Dec 08, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 9218

Re: Why is Vanguard switching all accounts to brokerage accounts?

I habe resisted and kept mutual funds only. Do my reasons make sense? 1. Dividends and cap gains from mutual funds go to an additional Federal money market which is taxable so one has to then move that to a tax free money market if they want to avoid taxable interest. 2. The 1099 shows aggregate num...
by Good Listener
Thu Dec 07, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Medicare Part D selection for my Mother in Law
Replies: 23
Views: 1564

Re: Question about Medicare Part D selection for my Mother in Law

You are doing fine and the good thing is that one can change drig plans every year during open enrollment. Basing it on current drugs and the local pharmacies being preferred is the way to go. I just enrolled for January for the 1st time. I want to applaud you for getting her out of Medicare Advant...
by Good Listener
Thu Dec 07, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Question about Medicare Part D selection for my Mother in Law
Replies: 23
Views: 1564

Re: Question about Medicare Part D selection for my Mother in Law

You are doing fine and the good thing is that one can change drig plans every year during open enrollment. Basing it on current drugs and the local pharmacies being preferred is the way to go. I just enrolled for January for the 1st time. I want to applaud you for getting her out of Medicare Advant...
by Good Listener
Wed Dec 06, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Deluxe Online for 2017
Replies: 13
Views: 2319

TurboTax Deluxe Online for 2017

Hi, I saw an add for a "sale" for Deluxe online for 39.99 so I went and paid online. (You have to start the return to be able to get to the pay screen and it was convoluted.) I will be doing it online for the first time. I have always used Deluxe and sometimes had a few securities sales. But I just ...
by Good Listener
Wed Dec 06, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Medicare Part D selection for my Mother in Law
Replies: 23
Views: 1564

Re: Question about Medicare Part D selection for my Mother in Law

You are doing fine and the good thing is that one can change drig plans every year during open enrollment. Basing it on current drugs and the local pharmacies being preferred is the way to go. I just enrolled for January for the 1st time. I want to applaud you for getting her out of Medicare Advanta...
by Good Listener
Tue Dec 05, 2017 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 270
Views: 24125

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

Prepaying state and local INCOME taxes is a wash or a negative. Because you will then pay on the refund when you file your 2018 taxes and it will increase your AGI next year but not reduce it this year. And even if SALT is gotten rid of effective Jan 1, 2018, I assume one will have to pay taxes on t...
by Good Listener
Tue Dec 05, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 4045

Re: First post from this retiree with questions - my daughter sent me here!

I'm concerned about your disability. Is it life limiting because if so, you would want to avoid an annuity and would want to start taking social security asap right?
by Good Listener
Fri Dec 01, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Former Employer refusing to contribute earned Wellness Rewards
Replies: 6
Views: 1110

Re: Former Employer refusing to contribute earned Wellness Rewards

Forget it. Are you going to tick off a former employer over $500?
by Good Listener
Thu Nov 30, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Problems with Medical Alert
Replies: 8
Views: 605

Re: Problems with Medical Alert

They don't sound like people I would want to do business with, but I can see some justification for the deduction since your Mom seems to have had the device for a few months. As to the contract, did paperwork come with the device? Does their website say anything about returns? Assuming it's medica...
by Good Listener
Thu Nov 30, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: Problems with Medical Alert
Replies: 8
Views: 605

Re: Problems with Medical Alert

We took your advice and called Visa and filed a protest with the call. 36 hours later a supervisor called my mother and said they'd refund 100 of the 150 if she'd drop the complaint. She accepted...
by Good Listener
Thu Nov 30, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Problems with Medical Alert
Replies: 8
Views: 605

Re: Problems with Medical Alert

neilpilot wrote:
Thu Nov 30, 2017 10:03 am
I maybe in the minority, but I think that a refund of $400 for a $550 annual service that you have had a few months sounds fair. Irrespective of any contract.
I would completely agree with you except she never activated the service. She had to device for about 17 days and never turned it on
by Good Listener
Wed Nov 29, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Dentist refusing to refer to specialist?
Replies: 19
Views: 2847

Re: Dentist refusing to refer to specialist?

I do not understand why the specialist requires the general dentist to say they believe anesthesia is needed. That's ridiculous. Maybe you need a new specialist. Also, the child will require regular dental visits. My 29 year old autistic daughter goes with me every 6 months. Sh opens her mouth and t...