Search found 171 matches

by MP123
Mon Nov 20, 2017 6:42 pm
Forum: Investing - Theory, News & General
Topic: Book for new college graduate
Replies: 19
Views: 1005

Re: Book for new college graduate

+2 I'd also recommend The Only Investment Guide You'll Ever Need by Andrew Tobias It covers quite a bit of personal finance as well as investing and is written in an entertaining and easy to read way. Not at all a dry textbook of complex theories. Would make a great gift for a College or High School...
by MP123
Fri Nov 17, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2501

Re: Risks of Non-ACA Compliant Health Insurance?

How much is an ACA compliant HMO plan in your area? Where I live the it's 2/3 the price of the EPO plans. Yes, it may be more restrictive about which doctor you can see but it's hard to really weigh that unless you have a current condition and see a particular doctor. I would reconsider the need for...
by MP123
Thu Nov 16, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: question for cpa? state income tax when living / moving back and forth in CA and WA?
Replies: 17
Views: 1170

Re: question for cpa? state income tax when living / moving back and forth in CA and WA?

In my experience if you have nexus in California the FTB will be very aggressive about expecting a tax return from you. The fact that you own a townhome in CA will likely cause them to estimate your taxes due and send you a bill and demand for payment regardless of where you consider your state of r...
by MP123
Mon Nov 13, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 100
Views: 5178

Re: Tipping in living wage state. Redux.

I usually tip 20% assuming that the sever is making $2.x something as a base.

But you're right that in Seattle at least the minimum wage is $15 so adding an additional 20% to that seems a bit over the top.

Hard to tell though if you travel what the local minimum wage is.
by MP123
Mon Nov 13, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance
Replies: 6
Views: 621

Re: Umbrella insurance

Does your current insurer not offer Umbrella policies? Generally they will have specific requirements for the underlying policies including having maximum coverage amounts. You wouldn't want to find your Umbrella didn't cover you because of some technicality in the underlying auto policy for example...
by MP123
Mon Nov 13, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: "Starter House" - to pay off or not?
Replies: 13
Views: 1438

Re: "Starter House" - to pay off or not?

I wouldn't pay it off if you plan to move in 2 years. This is a case where cash is king. You can make a more competitive offer on your next home, plus maybe put down at least 20% to avoid PMI. I agree that you shouldn't count on using the HELOC for your down payment 2 years from now. Check the fine ...
by MP123
Sun Nov 12, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: The Personal Black Swan
Replies: 46
Views: 5683

Re: The Personal Black Swan

All things being equal there's a 50% chance that you won't live to your "life expectancy". And that's not a Black Swan at all but rather a certainty at some point. It may be something that we all try to distract ourselves from by focusing on relatively predictable financial matters. You can only pla...
by MP123
Thu Nov 09, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Liability insurance for college students in dorms ?
Replies: 13
Views: 1011

Re: Liability insurance for college students in dorms ?

I would focus on the auto liability issues first and be they are covered under your auto policy and umbrella even if they don't have a car currently. Seems to me that's the biggest exposure. Can you get a renter's policy with liability coverage while living in a dorm? I'm a little surprised that you...
by MP123
Tue Nov 07, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Does Our Chimney Need a Liner?
Replies: 8
Views: 830

Re: Does Our Chimney Need a Liner?

Your woodstove will work much better with a liner than with an open chimney. The draft will be stronger and hotter through a 6 inch tube than though a wide open chimney which will make it much easier to run the stove efficiently. Cost depends on length but I put in a roughly 15 foot length for under...
by MP123
Tue Nov 07, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: UTMA: Trying to Make it Hassle-Free
Replies: 7
Views: 615

Re: UTMA: Trying to Make it Hassle-Free

Filing a return for her or including her on your return isn't very hard. I wouldn't set out to minimize any gains just to avoid that. That's sort of like the tail wagging the dog.

I would also consider a 529 as previously mentioned.
by MP123
Tue Nov 07, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Social Security - general question
Replies: 44
Views: 4966

Re: Social Security - general question

That's a great calculator, and has a nice way to display bend points. And it has a super-smart way to allow a user to quickly input their own personal data from an SS statement. I know the coder responsible for the site, and he's a great guy. About a year ago I helped troubleshoot the math and fix ...
by MP123
Sun Nov 05, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7434

Re: Preparing For "Early Retirement" In A Couple of Years

Keep socking away money until the kids are out of college. Then retire. Are you really planning to live on $25k/yr for the next 60 years? With a family of four? Doesn't sound like much fun especially since you clearly have other options. I'd suggest you take another long hard look at that budget. Yo...
by MP123
Thu Nov 02, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: college kid - give car or put back on my insurance?
Replies: 12
Views: 854

Re: college kid - give car or put back on my insurance?

I'll add that in my state it was possible to title the car in my daughter's name and provide insurance coverage on my policy. That approach might be the best of both worlds if it works for you.
by MP123
Thu Nov 02, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: college kid - give car or put back on my insurance?
Replies: 12
Views: 854

Re: college kid - give car or put back on my insurance?

Check with your agent, my understanding is that it varies by state. As a parent of a dependent college student I think it's likely that you would named in a suit regardless of how the car was titled especially if you gave it to him and had assets. Don't forget your Umbrella policy, that may give bet...
by MP123
Thu Nov 02, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Bank accounts and minors
Replies: 11
Views: 501

Re: Bank accounts and minors

I like the idea of opening a bank account but I'm afraid the reality is the account fees will eat it up in a couple of months.

Of course that's a lesson too in it's own way...
by MP123
Thu Nov 02, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have a good health care plan?
Replies: 11
Views: 682

Re: Do I have a good health care plan?

You have a GREAT healthcare plan compared to mine :(
by MP123
Thu Nov 02, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 84
Views: 4884

Re: Out of network care

In WA the Kaiser plan seems like the best deal especially if you aren't eligible for subsidies. Depending on where you live in WA it may be the old Group Health Cooperative plan that Kaiser bought out a few years ago and has now rebranded. They don't cover out of network though except for emergency ...
by MP123
Wed Nov 01, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 6018

Re: Unable to Escape from Quicken Island ...

Do you have a source for this? This link indicates that is not correct. https://getsatisfaction.com/quickencommunity/topics/where-does-quicken-store-the-password-vault Sigh, but this link indicates it depends on the financial institution. https://www.quicken.com/support/how-quicken-protects-financi...
by MP123
Wed Nov 01, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 6018

Re: Unable to Escape from Quicken Island ...

Da5id wrote:
Wed Nov 01, 2017 9:52 am
Mind you, Quicken has had a "subscription" plan for some time with the 3 year sunset of online services -- basically your purchase divided by 3 was your "subscription".
This is a good point. Quicken's new owners are just being more direct that you need to pay them every year to keep it running.
by MP123
Wed Nov 01, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Identifying failure cycles in FIRECalc
Replies: 6
Views: 812

Re: Identifying failure cycles in FIRECalc

Thanks for the cfiresim suggestion! It seems a little easier to use than FIRECalc too.
by MP123
Tue Oct 31, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Want to move kids' iPhones to a cell carrier without data overages
Replies: 18
Views: 1414

Re: Want to move kids' iPhones to a cell carrier without data overages

With Verizon you can restrict the amount of data each line can use and even restrict it by time of day.

Not sure if this is what you want though...
by MP123
Tue Oct 31, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Identifying failure cycles in FIRECalc
Replies: 6
Views: 812

Identifying failure cycles in FIRECalc

When I run a scenario in FIRECalc some of the cycles fail meaning the portfolio balance drops below $0. Is there any way to identify which 30 year periods these are specifically? I'm envisioning hovering the mouse over the line or clicking on it to see that the failing period was from 1960-1990 for ...
by MP123
Mon Oct 30, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and ACA
Replies: 20
Views: 2043

Re: Inheritance and ACA

What form does this inheritance take? An inherited IRA for example may have required minimum distributions. If it's a regular old taxable account then you may owe capital gains tax on any increase from the date of death until you sell. My understanding is that the items in the trust fund (individua...
by MP123
Mon Oct 30, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance and ACA
Replies: 20
Views: 2043

Re: Inheritance and ACA

What form does this inheritance take? An inherited IRA for example may have required minimum distributions. If it's a regular old taxable account then you may owe capital gains tax on any increase from the date of death until you sell.
by MP123
Sun Oct 29, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Worry About Home Title Fraud?
Replies: 23
Views: 2007

Re: Worry About Home Title Fraud?

Ever since clicking through to the hometitlelock link above I've been bombarded by AdSense ads telling me how big of a problem it is.

I suspect the company is running an aggressive ad campaign trying to scare people into singing up.

Interesting findings Mudpuppy!
by MP123
Sun Oct 29, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Worry About Home Title Fraud?
Replies: 23
Views: 2007

Re: Worry About Home Title Fraud?

Where I live title information, liens recorded on property, and prop taxes are all available online from the county for free. The above looks sort of like a service that just detects changes in this publicly available information and alerts you. It's pretty easy to DIY and save the money, just check...
by MP123
Sat Oct 28, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

This thread has been very disheartening. For someone who plans on early retirement it is downright frightening to do so. As a new retiree I can state the scares are no worse than those provided via market volatility. If you can manage your income to stay under 400% of the federal poverty level, for...
by MP123
Sat Oct 28, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

Tanelorn..I agree with your last post. The self payers are getting creamed under the ACA. Those with employer paid coverage aren't seeing it and many don't realize how bad it is. And those people getting ACA subsidies also aren't seeing it since their premiums are capped at a percentage of income a...
by MP123
Sat Oct 28, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Mold remediation quote
Replies: 23
Views: 737

Re: Mold remediation quote

These are photos of the worst and best of the ducts. The "average" is probably closer to the worst. https://www.dropbox.com/s/bkber21eonp9jqq/Photo%20Oct%2028%2C%201%2018%2036%20PM.jpg?dl=0 https://www.dropbox.com/s/bkber21eonp9jqq/Photo%20Oct%2028%2C%201%2018%2036%20PM.jpg?dl=0 Five grand to fix T...
by MP123
Fri Oct 27, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

So if you buy it off the exchange, is it still without regard to preexisting conditions? By contacting the company directly? I will have no subsidy and there is only one company offering plans (65804). For the most part, yes. Most policies are ACA-compliant, even if they are sold off of the ACA exc...
by MP123
Fri Oct 27, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Two password managers for redundancy? How safe is Mac Keychain? Fingerprint?
Replies: 29
Views: 1449

Re: Two password managers for redundancy? How safe is Mac Keychain?

Many if not most sites allow you to create a new password if you forget the old. So you probably don't need redundant password managers.
by MP123
Fri Oct 27, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please Critique this Retirement Plan
Replies: 13
Views: 1362

Re: Please Critique this Retirement Plan

It sounds like 20% of the $2.4m is cash? You mean like money market account cash? Personally I'd consider moving some of that into either your bond or equity allocation if you already have the $100k emergency fund.
by MP123
Fri Oct 27, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

"Mocking up" official tax forms sounds dangerously close to fraud. Maybe you can clarify what you mean?
by MP123
Fri Oct 27, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

Washington resident here - healthy, retired, 61.5 years old, with no subsidy. Regence no longer offers individual plans in the state of Washington so I'm scrambling to find new health insurance - Looks like its a tossup between Kaiser( not my fav) and Premera Personal care - which effectively elimi...
by MP123
Fri Oct 27, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14577

Re: 2018 ACA rates now live....

Thankfully I was able to use COBRA. I don't understand the tiering on the ACA. When I key $48K for income I get a message that I'm eligible for an up to $1200/month subsidy. When I key $49K the message is no subsidy. The price goes from the $50 to $400 per month range at $48K to minimum $950 and up...
by MP123
Thu Oct 26, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: What are snowbirds doing for health insurance?
Replies: 12
Views: 1450

Re: What are snowbirds doing for health insurance?

I'm also in WA and recently spoke with two different people at Kaiser. Both assured me that with a KP Plan in WA (the old GHC network) I could also access the KP network in Oregon as a "visiting member". You might try calling KP directly and ask them about California. I think you would certainly be ...
by MP123
Mon Oct 23, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Cold feet
Replies: 23
Views: 2365

Re: Cold feet

Darn Tough Socks. Easily one of the best socks out there. A little expensive but you are getting quality out of it. +1. They are fantastic. Made in America, so they probably cost 2-3x as much as a generic wool sock, but worth every penny +2 Wearing their heavy boot socks now and no cold feet here! ...
by MP123
Sun Oct 22, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: UTMA bridge account?
Replies: 2
Views: 207

Re: UTMA bridge account?

When my child (over 21 now) had a UTMA I had no issues with transferring funds from the UTMA account to my personal account to pay for times like you mention as well as taxes on the UTMA assets. You might also just see if the company holding the UTMA offers check writing from the UTMA. Not sure if o...
by MP123
Tue Oct 17, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: S-Corp Solo 401k Salary Deferral (How to)
Replies: 15
Views: 842

Re: S-Corp Solo 401k Salary Deferral (How to)

Doesn't increasing my salary amount to make the 401k contribution also increase the amount that I can contribute 25% of on the Employers side? Not sure if that's box 1 or box 2 income. It is W-2 Box 1 and that can include health insurance premiums and HSA contributions paid or reimbursed by the S-C...
by MP123
Tue Oct 17, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: S-Corp Solo 401k Salary Deferral (How to)
Replies: 15
Views: 842

Re: S-Corp Solo 401k Salary Deferral (How to)

have you contributed to the SEP on the employer side this year? If so and it's a 5305 type SEP(most are)..then you can't contribute to both the SEP and 401k in the same year. No, I've been making the SEP contribution in April for the previous year. At Schwab too so good to know! The employee deferr...
by MP123
Tue Oct 17, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: S-Corp Solo 401k Salary Deferral (How to)
Replies: 15
Views: 842

S-Corp Solo 401k Salary Deferral (How to)

Let say I have an S-Corp, do a payroll monthly, and pay myself a $50k salary on a W2. The S-Corp has a net profit of $100k which will end up on a K-1 to me whether I distribute it or not. I would like to open a Solo 401k for this year and for the Employee salary deferral portion contribute $24k (I'm...
by MP123
Wed Oct 11, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2700

Re: Social Security Card - Should I get a Replacement

I get asked for the number regularly but like you haven't seen the actual card since the 70s.

I've never been asked for the card either. As I recall it was just a blue slip of cardboard, not exactly secure or anything.
by MP123
Tue Oct 10, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10456

Re: 2018 ACA costs arrived

I got notice from Regence that they will no longer offer insurance in our area. So will have to look for a new policy Nov. 1 There aren't many insurers left either on or off the exchange where we live.
by MP123
Sun Oct 08, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 79
Views: 5580

Re: Password Protection

Regarding storing encrypted passwords in the cloud: others have pointed out how many millennia it would take to decrypt a properly-encrypted password, such as those created by any password manager; I thought I would remind people that TV police procedurals where the quirky computer expert decrypts ...
by MP123
Sat Oct 07, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 79
Views: 5580

Re: Password Protection

In WWII, The Germans thought the Enigma cipher machine was "safe", too. Until it wasn't. Pretty sure a lot more resources were devoted to cracking enigma than my lousy account credentials. As for Equifax — touché. Hmmmm... Seems to me that any hacker kid with a laptop has far far more computer reso...
by MP123
Fri Oct 06, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Refund from Home Closing - 13+ years later (!?)
Replies: 12
Views: 1720

Re: Refund from Home Closing - 13+ years later (!?)

I'd probably take them to the bank in person and not just stick them in an ATM or mobile deposit.

At the very least they might bounce and you'd get stuck with fees. Sure sounds like a scam though.
by MP123
Fri Oct 06, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Refund from Home Closing - 13+ years later (!?)
Replies: 12
Views: 1720

Re: Refund from Home Closing - 13+ years later (!?)

Certainly smells fishy to me...

If not I'd say they owe you 13 years of interest too!
by MP123
Fri Oct 06, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Circumstances in which a freeze needs to be lifted
Replies: 34
Views: 2581

Re: Circumstances in which a freeze needs to be lifted

For those of you who've had your freeze for years, did moving during that time ever affect anything? Did you need to do anything? I was looking at the freeze info by state on Experian's website, and I noticed for some states, it said some variation of "If you move to a new address and wish to keep ...
by MP123
Fri Oct 06, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 3148

Re: Gold ETF

IAU and GLD hold physical gold in vaults and are probably the easiest way to buy and "hold" bullion if that's what you're after. There are a wide variety of other Gold ETFs that track indexes, hold options, and so on. There are also some that invest in gold mining companies which is another angle yo...
by MP123
Thu Oct 05, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Best places to retire in 2018
Replies: 4
Views: 1377

Re: Best places to retire in 2018

Interesting list, thanks.

I'm not sure I'd consider Honolulu and San Diego to be particularly "affordable" though.

I wish they'd just put it in a list instead of making you click through 37 pages of slideshow interspersed with ads. Arrrgghh! :oops: