Search found 1367 matches

by J295
Sun Apr 22, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 2760

Re: Interesting vs higher paying job

I didn’t have this choice to make, but if I did I would take interesting over the money. One choice I did have when I was working, was taking time or money since I was paid in our professional partnership based upon receipts. I chose time and my time away from work was more interesting than my time ...
by J295
Sat Apr 21, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 56
Views: 3391

Re: Settlement Offer -- Accept or Wait?

It is probably prudent to wait until you are certain there are no residual physical injuries. If you seek legal counsel, be prepared to engage them on a contingency basis, where you will likely give them 1/3 of any settlement and pay out-of-pocket expenses. Also note that the “better” personal injur...
by J295
Thu Apr 19, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 3022

Re: Lack of FDIC Insurance a big deal?

Money markets don't concern me.
by J295
Sat Apr 14, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Use of Loss Carry Forward for New California Resident?
Replies: 3
Views: 237

Re: Use of Loss Carry Forward for New California Resident?

Thanks for the responses. Google search reveals same answers. Enjoy the weekend.
by J295
Sat Apr 14, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Use of Loss Carry Forward for New California Resident?
Replies: 3
Views: 237

Use of Loss Carry Forward for New California Resident?

Helping daughter with tax return/turbo tax. She has a long term loss carry forward from publicly traded equities from time prior to she moved to California (moved there in 2017). Is all of this considered California long term loss carry forward for her California return, or is she not allowed to use...
by J295
Sat Apr 14, 2018 6:20 am
Forum: Personal Finance (Not Investing)
Topic: When/how did you start teaching your child about personal finance?
Replies: 15
Views: 1098

Re: When/how did you start teaching your child about personal finance?

Great parenting OP! Until middle school we taught by example. Starting in middle school and through high school every 6 months they got a stipend, which they had to use to purchase just about anything they might need without further contribution from us. So, if they wanted to go all out for a school...
by J295
Fri Apr 13, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Insurance - Super Heavy Handed Pitch
Replies: 101
Views: 5670

Re: Owners Title Insurance - Super Heavy Handed Pitch

I didn’t read all the posts but will offer this for consideration. If you don’t obtain an owner’s policy, expect the premium for the lenders policy to increase. If I’m the lawyer, it doesn’t matter a great deal to me whether or not you sign the waiver. If you refuse I will just give you a letter tha...
by J295
Fri Apr 06, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9017

Re: How Do You Value Your Home for Net Worth Purposes?

When I used to have to give personal financial statements to our firm’s bank, as a guarantor of a portion of the firm debt, all real estate had to be listed at its fair market value. When you give financial statements to a federally regulated financial institution it’s clear what is required.
by J295
Fri Apr 06, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Owner's title insurance on refi after partial quitclaim?
Replies: 5
Views: 315

Re: Owner's title insurance on refi after partial quitclaim?

I believe your wife‘s interest will not be covered by the existing policy. You can review your policy for the definition of insured. The easier thing, of course, is to ask the title agent. It’s probably all a bit of an academic exercise. If you are paying for a lenders policy, which apparently you a...
by J295
Thu Apr 05, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: How do Bogleheads Take Advantage of Dips When Fully Invested?
Replies: 55
Views: 7013

Re: How do Bogleheads Take Advantage of Dips When Fully Invested?

OP. It’s not something I’m interested in, nor would I recommend it, but to answer your question… if you truly want to invest more in equities when the market goes down by 500 points or more and you are already fully invested… then sell non-equities or borrow money.
by J295
Tue Apr 03, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Delaying HSA W/D as Long as Possible -- HSA funds on death?
Replies: 9
Views: 818

Delaying HSA W/D as Long as Possible -- HSA funds on death?

We have funded our HSA account and will continue to do so. We keep documentation of qualifying expenses but do not intend to pay out of the HSA for these anytime soon. It's likely we won't ever have any need for the HSA funds. From a tax perspective, what happens if we die without withdrawing the fu...
by J295
Tue Apr 03, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: HSA investment strategies/asset mix
Replies: 10
Views: 973

Re: HSA investment strategies/asset mix

For us, HSA is just one of a number of accounts and we just invest it as part of our overall AA. It happens that we choose Vanguard Wellington, but if that wasn't available we would have simply chosen something else and if needed adjust our other investments accordingly to fit within our AA.
by J295
Sun Apr 01, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Wireless phone use in Italy
Replies: 18
Views: 1112

Re: Wireless phone use in Italy

Getting sim card there should be relatively simple so long as there isn't a language barrier to communicating.
by J295
Sun Apr 01, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA and RMD rate/schedule
Replies: 5
Views: 460

Re: Inherited IRA and RMD rate/schedule

I don't have the citation in front of me, but when you get some input/continue your research I believe you will find that every one of the beneficiaries has to take out their share based on the age of the oldest beneficiary (in your case the oldest of the four grandchildren). There is an IRS RMD tab...
by J295
Sat Mar 31, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Does agent get paid if property taken by eminent domain?
Replies: 13
Views: 1815

Re: Does agent get paid if property taken by eminent domain?

Quite likely depends on the contract terms
by J295
Thu Mar 29, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Lowest Fees Donor Advised Fund?
Replies: 11
Views: 589

Re: Lowest Fees Donor Advised Fund?

Fidelity and their DAF is very customer friendly in our experience
by J295
Thu Mar 29, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: AA - market timing vs. small adjustments vs buy and hold
Replies: 36
Views: 1761

Re: AA - market timing vs. small adjustments vs buy and hold

I’m OK with someone in your position tweaking as they deem appropriate. It just happens that it’s not necessary in our situation so we don’t do it. We settled into an IPS with and age-based allocation, and can live with it in rising and declining markets, to include quick and substantial rises and d...
by J295
Wed Mar 28, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8045

Re: Should we save for our son's college?

Yes. Save for kids.
by J295
Wed Mar 28, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 3798

Re: Cosign college loan for sibling?

Do not co-sign.
Not in the best interests of brother or yourself
by J295
Wed Mar 28, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Considering new car--any suggestions for methods to get best price?
Replies: 12
Views: 1469

Re: Considering new car--any suggestions for methods to get best price?

We purchased a Lexus GX 460 new a couple of years ago. I solicited bids from 8 dealers via Internet on a Monday, and told them I was going to purchase on Wednesday. It was the end of a quarter, which can be helpful for dealer incentive purposes. I had reviewed inventory online, and knew all eight of...
by J295
Wed Mar 28, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: New CD Rates
Replies: 6
Views: 1711

Re: New CD Rates

Thank you.
by J295
Wed Mar 28, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Wells Fargo
Replies: 14
Views: 1319

Re: Fidelity vs Wells Fargo

Fidelity

36 years a satisfied customer
by J295
Tue Mar 27, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Anxious about retirement - Am I alone?
Replies: 10
Views: 2148

Re: Anxious about retirement - Am I alone?

I went part time at 53 and no time at 58. Of the 10 most meaningful things we've done in the past five years none would have been on our list of 50 things we could have imagined doing ..... my point is we wanted to start new adventures and were open to just about anything, and things presented thems...
by J295
Fri Mar 23, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need title insurance?
Replies: 43
Views: 4066

Re: Do I need title insurance?

Title insurance is not required. You can choose to go without. Your maximum financial exposure is the value of the real estate, including all improvements made in the future. Note that if you end up having a problem later with the title, you likely will have recourse against the grantor under a warr...
by J295
Wed Mar 21, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: Outdoor Blower
Replies: 24
Views: 1299

Re: Outdoor Blower

Thanks for the replies. Should have mentioned… We do have a electric cord operated large Toro unit… Kind of a hassle for us to use so that’s why we are getting a cordless…
by J295
Wed Mar 21, 2018 6:20 am
Forum: Personal Consumer Issues
Topic: Outdoor Blower
Replies: 24
Views: 1299

Outdoor Blower

Please recommend a battery powered outdoor blower a 58 year old couple can manage. Principal uses will be cleaning garage, driveway, and deck.
by J295
Tue Mar 20, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - Will/Trust needed?
Replies: 9
Views: 837

Re: Baby on the way - Will/Trust needed?

Congratulations! And experienced estate plan attorney should be able to handle all of your needs quite easily. This is not complicated for a capable lawyer. You can read books if you’d like more detail, but if it were me I would go in and let the lawyer explained it to me with a 30,000 foot view and...
by J295
Sun Mar 18, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k contribution calculations -- Impact of health premium payments
Replies: 2
Views: 189

Solo 401k contribution calculations -- Impact of health premium payments

We have sole proprietorship income and no W-2 income. My work is consulting and I have no expenses. I understand the gross is reduced by self employment tax to determine allowable contributions for solo 401k. Q. Is the gross also reduced by out of pocket health insurance premiums when determining th...
by J295
Sun Mar 18, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 7706

Re: Incredibly sleazy Northwestern Mutual cold caller

It seems a polite "no thank you" and hang up would work well!? Does it make one feel superior to belittle the salesperson? Just curious.
by J295
Thu Mar 15, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 187
Views: 18705

Re: Those with high savings rate: why?

We saved so that we could transition to a new existence without me working around age 50, which we did.
by J295
Thu Mar 15, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: How to Thank/Reward Realtor
Replies: 28
Views: 2142

Re: How to Thank/Reward Realtor

Send her a very nice gift like you were proposing. I support your kindness and gratitude.
by J295
Wed Mar 14, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard as trustee
Replies: 37
Views: 5824

Re: Vanguard as trustee

While I understand the focus of the discussion on trustee fees, when we had minor children and designated a corporate trustee in our plans it was a solid local bank where I knew the owners and trust officers were solid and reasonable and would work well with the guardians of our children and eventua...
by J295
Wed Mar 14, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6163

Re: Accountant not doing taxes while you are there

When I was still working we used an accountant and met with him each year for about 30 minutes. Then a few weeks later he would provide us the returns.
by J295
Wed Mar 14, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 46
Views: 4054

Re: simplifying my financial life -- should i get rid of treasury direct?

I think I’m lucky… Buying I bonds in the past has been a breeze on Treasury Direct. Personally, they have a role in our portfolio so I’m keeping them in place.
by J295
Tue Mar 13, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Had to Cancel a Trip Due to Emergency Surgery - Anyone Filed a Trip Insurance Claim With Allianz?
Replies: 6
Views: 897

Re: Had to Cancel a Trip Due to Emergency Surgery - Anyone Filed a Trip Insurance Claim With Allianz?

We didn’t have trip insurance, but had to cancel flights and hotel to attend a wedding when my dad had a stroke a couple of days before we were scheduled to leave. I called the airlines and the hotel, and the airlines gave me credits I had to use within a year and the hotel just canceled my “ nonref...
by J295
Sat Mar 10, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Young Lawyer in Big Law -- NYC or SF?
Replies: 13
Views: 1604

Re: Young Lawyer in Big Law -- NYC or SF?

Thank you to all who have taken the time to reply.
by J295
Fri Mar 09, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Young Lawyer in Big Law -- NYC or SF?
Replies: 13
Views: 1604

Young Lawyer in Big Law -- NYC or SF?

Son in law is finishing a judicial clerkship and now wants to decide between big law in NYC or SF (same firm in both cities -- he clerked for the firm, worked a year with the firm and then took a year away for this circuit court clerkship -- so he knows what big is all about). Just curious if there ...
by J295
Fri Mar 09, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Single Member LLC tax and marketplace insurance question
Replies: 12
Views: 928

Re: Single Member LLC tax and marketplace insurance question

We are retired in our 50s and don’t convert to Roth because that would take us over the ACA Cliff and that would cost $20,000 + in loss of premium tax credits.
by J295
Fri Mar 09, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2024

Re: Anyone ever have success getting out of a lease?

You owe the rent and will need to pay it. The offer to allow you to find a new tenant is more than many large complexes would offer to do. The landlord does have a duty to mitigate if you leave early. However, if the landlord maintains any vacancies at all, your unit may still remain vacant for the ...
by J295
Thu Mar 08, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Single Member LLC tax and marketplace insurance question
Replies: 12
Views: 928

Re: Single Member LLC tax and marketplace insurance question

Remember that you can make an HSA contribution to reduce modified adjusted gross income. Regarding solo 401(k) contributions, I don’t try and work out the numbers myself, as there are a number of reliable calculators online where you simply plug in your numbers. I use two or three of these calculato...
by J295
Tue Mar 06, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: In general, when can future income be taken in lawsuit?
Replies: 4
Views: 810

Re: In general, when can future income be taken in lawsuit?

Earnings generated after judgment are seized all the time. It’s called garnishment. State law governs what portion of the earnings are exempt, and what portion are subject to garnishment. As a general rule, other non-– exempt assets generated post judgment also subject to execution to satisfy the ju...
by J295
Tue Mar 06, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Converting old home to open plan layout?
Replies: 45
Views: 3993

Re: Converting old home to open plan layout?

Super excited for you OP Our experiences —— we completely renovated our first home as newlyweds 35 years ago, then had a home designed and built 25 years ago, and then a few years ago bought a mid 1980s townhome on the golf course I play and completely renovated everything. We had the time and inter...
by J295
Sat Mar 03, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Retiring Early
Replies: 22
Views: 6280

Re: Retiring Early

For healthcare, you will want to take a look at the affordable care act. Keep your modified adjusted income below approximately 64,000, and your premium costs will be subsidized with a premium tax credit. Go to the Kaiser foundation website for a good calculator. Would need to drill down with more s...
by J295
Sat Mar 03, 2018 6:38 am
Forum: Personal Consumer Issues
Topic: PC Guy. Inherited a Mid-2012 MacBook Pro ($500 value). Talk me into/out of keeping it.
Replies: 37
Views: 2559

Re: PC Guy. Inherited a Mid-2012 MacBook Pro ($500 value). Talk me into/out of keeping it.

Personally, I would sell. If someone gave me the choice of X dollars or something I had no reason to go buy myself, I would take the money.
by J295
Fri Mar 02, 2018 5:16 pm
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 8153

Re: Fewer acronyms please

by perl » Fri Feb 02, 2018 12:45 am Acronyms signal insider status, showing that you are in the know. They are unwelcoming and exclude newcomers. I understand this is your opinion. Do you have evidence to support this assertion? Consider .... Someone asks a question about health insurance under the...
by J295
Mon Feb 26, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: Personal rules for buying in a down market?
Replies: 55
Views: 3999

Re: Personal rules for buying in a down market?

Buying and selling is only for reallocation for us, which typically only occurs once a year at most due to 5% bands. I have not seen any back testing on whether the "buying in a down market" (whatever that may precisely mean) actually results in positive results. Honestly, not worth the hassle for u...
by J295
Sat Feb 24, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Ethics of selling a used car
Replies: 54
Views: 4125

Re: Ethics of selling a used car

we always tell prospects the good and the bad that we are aware of when we sell anything. for cars we drive them 100k plus so warts are to be expected. they are kept in decent shape with all service records available so prospects can have a high degree of confidence that we've done our best to take ...