Search found 1314 matches

by Rainier
Tue Apr 24, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab international ATM (worth the hard credit pull)
Replies: 24
Views: 1317

Re: Charles Schwab international ATM (worth the hard credit pull)

The Schwab and Fidelity Checking accounts are excellent for frequent travelers. One additional benefit is the linked brokerage account. I keep some money invested in the usual US/International Total stock market ETFS using the no transaction fee ETFs of each of the brokerages. One of the benefits o...
by Rainier
Tue Apr 24, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA - Emergency Fund Withdrawal Question
Replies: 4
Views: 332

Re: Roth IRA - Emergency Fund Withdrawal Question

MathWizard wrote:
Tue Apr 24, 2018 11:37 am
Short answer:

$11,000.
Unless you only have 9k left in the account.
by Rainier
Mon Apr 23, 2018 5:28 am
Forum: Personal Finance (Not Investing)
Topic: DAF Suggested?
Replies: 13
Views: 846

Re: DAF Suggested?

I presume you pay some state tax as well (assume your housing is free, if not, mortgage interest is also deductible). You can take a deduction for state and local taxes up to $10k, so now your hurdle for a tax deduction is only $14k, assuming you use the full $10k and you almost certainly do not. Ag...
by Rainier
Sun Apr 22, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 94
Views: 20694

Re: Charles Schwab Checking + Brokerage Account

Can you buy foreign currency at Schwab? Fido charges 1%.
by Rainier
Sun Apr 22, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Lessons learned with Booking.com and VRBO
Replies: 13
Views: 2958

Re: Lessons learned with Booking.com and VRBO

I use booking.com all the time. I have booked, cancelled and changed all without issue. I am curious - what advantage does booking.com offer you compared to booking directly with the hotel? Do you see substantial discounts compared to the lowest available rates? (all major chains now offer “members...
by Rainier
Sun Apr 22, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Need to cut the cable cord - is there an alternative?
Replies: 42
Views: 2633

Re: Need to cut the cable cord - is there an alternative?

I've been very happy with YouTubeTV, we dropped cable about three months ago. The big issue is the bundle savings and lack of an alternative to high speed data. the phone service they give me for free basically and now they toss in basic cable for about nothing just to keep the cost of the high spee...
by Rainier
Sun Apr 15, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Lessons learned with Booking.com and VRBO
Replies: 13
Views: 2958

Re: Lessons learned with Booking.com and VRBO

I wouldn't use booking sites, go through the specific hotel/motel. I rented a hotel room on a booking site then realized as soon as I got off the phone it was the wrong day. Called immediately to both the booking site and the hotel to rectify date which was more than 2 months in advance ..... neith...
by Rainier
Sun Apr 15, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: 52 oz, the new orange juice size?
Replies: 21
Views: 1564

Re: 52 oz, the new orange juice size?

Drink Coke, fewer calories, way cheaper.
by Rainier
Sun Apr 15, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: cd minumun
Replies: 4
Views: 331

Re: cd minumun

No matter what, it is a $1,000 minimum.

This specific issuer is obviously higher.
by Rainier
Sun Apr 15, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax Planning
Replies: 9
Views: 638

Re: 2018 Estimated Tax Planning

Warning... OLT doesn't cap SALT at $10,000. for example if you enter: State income tax $9000 Local property tax: $9000 Mortgage interest: $10000 OLT will give you a $28,000 deduction, but it should only give you $20k for itemized. Just make sure you manually pick itemized or standard and know the ru...
by Rainier
Sat Apr 14, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with a dividend question on VIIIX
Replies: 20
Views: 1163

Re: Help me with a dividend question on VIIIX

After 6 calls and a couple of escalation emails, the custodian was finally able to tell me they changed the fund. It has no ticker. Previously it was VIIIX While VIIIX does pay a dividend, this new ticketless fund does not. Should I be concerned? Anyone encounter something like this before? Yes, an...
by Rainier
Sat Apr 14, 2018 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Schedule K-1 and 1099-DIV Duplication Issue
Replies: 3
Views: 320

Re: Schedule K-1 and 1099-DIV Duplication Issue

Sounds wrong to me. Assuming you only have this one holding you should have nothing on your 1099, maybe $113 in the "nondividend distributions". If you entered the forms exactly as you received you would be paying tax on the 1099 dividends and the dividends (and other items) on the K-1. I would ente...
by Rainier
Thu Apr 12, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Best Buy, $3k TV, should I buy warranty?
Replies: 24
Views: 1525

Re: Best Buy, $3k TV, should I buy warranty?

Using any premium credit card would have likely gotten you a two year warranty for no cost. What is the cost for another 3 years? $30, go for it....$300 I'd pass. What could actually break on a TV? It is either DOA or dies shortly after turning it on....or it will last for 20 years. Seems very rare ...
by Rainier
Sat Apr 07, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help! I got a W2c after filing and receiving a nice refund. Now I owe Feds $1000
Replies: 9
Views: 775

Re: Help! I got a W2c after filing and receiving a nice refund. Now I owe Feds $1000

Which W-2 is correct? I assume the W-2c is correct, and if so, why didn't you notice the discrepancy before you filed your original return? How does it match up with your last pay stub? Taxable earnings can be tricky because you have deductions (health insurance, 401k, etc), but withholding is withh...
by Rainier
Fri Apr 06, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Can't Sell - Retirement Account

IMHO: include in equity portion of overall AA increase expected risk iof equities (std deviation) when doing scenario/mote carlo planning. decrease stock to bond ratio to compensate for increased risk consider selling portion to bring the single stock allocation down from 10% NW to <5%. (ie: manage...
by Rainier
Fri Apr 06, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Waterbury, Stowe, Burlington, VT
Replies: 12
Views: 668

Re: Waterbury, Stowe, Burlington, VT

That Sunday morning is the Vermont City Marathon in Burlington. It might get in your way a bit, but it is a cool community thing so it might be worthwhile to watch it a bit. I think NECI has gone down hill. I stopped in the cafe in Montpelier and it wasn't good. Has anyone mentioned Shelburne Farms...
by Rainier
Fri Apr 06, 2018 5:54 am
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Can't Sell - Retirement Account

Thanks to all for the ideas and viewpoints.

Will likely stick with current plan and leave as part of my total allocation, thus reducing exposure to other US equities.

Will also consider selling.
by Rainier
Thu Apr 05, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Cant Sell - Retirement Account

What is the plan if you die? Will your heirs have some hassle with this? None. Public equity in a Roth IRA and I am related to a director, but do not live in the same house and possess no inside information. In theory, I could sell at any time without asking anyone and likely have no disclosures is...
by Rainier
Thu Apr 05, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Cant Sell - Retirement Account

Silverado wrote:
Thu Apr 05, 2018 6:51 pm
I say just ignoring it is a workable method. Peek in twenty years and see what happened.
Time frame won't be nearly that long. Company will be bought or some other significant event will occur much sooner.
by Rainier
Thu Apr 05, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Cant Sell - Retirement Account

Here’s an alternative way of viewing this using your criteria (and no I’m not deleting my account :wink: ); Cannot and will not sell is akin to an indefinite lockup provision similar to private equity. Therefore even though there is a publicly available valuation you could theoretically assign this...
by Rainier
Thu Apr 05, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Cant Sell - Retirement Account

Been there, done that. I’ve always counted individual stocks as part of my stock allocation. It’s a stock. I also never let any single stock get beyond 10% of my overall AA, no matter how much I’m in love with it. But you won’t be ready to hear that until it drops significantly. So, never mind. Tha...
by Rainier
Thu Apr 05, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Re: Large Single Stock Position - Cant Sell - Retirement Account

4nursebee wrote:
Thu Apr 05, 2018 5:17 pm
How to incorporate into my allocation?

I am not quite understanding what you want. It seems you want to know how to mentally account for this?
I think I should just exclude entirely.
by Rainier
Thu Apr 05, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3066

Large Single Stock Position - Can't Sell - Retirement Account

A few years ago I invested about 3% of my retirement portfolio into a public company where I know an insider. It was bought during an open trading window, fully disclosed, and I had no inside information at the time and I have no access to current inside information. The stock has since grown to abo...
by Rainier
Thu Apr 05, 2018 5:29 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2674

Re: WF Visa 3% FX fee

Get another credit card (Barclaycard has Chip and PIN). As others have said the only chance to use your PIN is at automated places like gas and train. Not sure what you mean by "marked up exchange rate." Credit cards give you the absolute best exchange rate available, can't beat their rates unless y...
by Rainier
Wed Apr 04, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5997

Re: Post Your Morningstar Box Style

Use the Fidelity "Analysis" tab then. You can select which accounts get analyzed --- either singly, multiply, or all together. One can also do domestic and foreign separately if one wants to. See this post: https://www.bogleheads.org/forum/viewtopic.php?p=2248876#p2248876 Thanks, will check that......
by Rainier
Wed Apr 04, 2018 4:56 am
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5997

Re: Post Your Morningstar Box Style

Anybody? Do I have to combine all accounts into one portfolio?
by Rainier
Tue Apr 03, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5997

Re: Post Your Morningstar Box Style

I just setup my Morningstar portfolio again.

Since I have multiple investment accounts do I need to enter them all under one portfolio to get a combined view of my holdings? Kind of sucks you can’t keep them separate to view each account then combine them for an aggregated view.
by Rainier
Sun Apr 01, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Barrons 'Interactive Brokers top Online Broker'
Replies: 31
Views: 2567

Re: Barrons 'Interactive Brokers top Online Broker'

You get 2% extra for the collateral, adjusted daily. For $10k worth of stock, you get $10,200 in cash. If the stock price changes, the collateral does too. You take the credit risk - securities lending is done over the counter, and not through an exchange. The interest you receive can vary a lot ba...
by Rainier
Sun Apr 01, 2018 6:22 am
Forum: Investing - Theory, News & General
Topic: Barrons 'Interactive Brokers top Online Broker'
Replies: 31
Views: 2567

Re: Barrons 'Interactive Brokers top Online Broker'

I was reading about their securities lending program and was confused about the cash collateral. How does that work? If I lend out 100 shares of xyz worth $10,000 do they deposit $10,000 in my account? If the stock drops by $2,000 then they only leave $8,000 on deposit? Who takes the credit risk? I ...
by Rainier
Sun Apr 01, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: Savings Bond Safety
Replies: 15
Views: 1317

Re: Savings Bond Safety

Even if someone gained access to a TD account, how would they get the money out? Can you link bank accounts to TD that are not in the same name as the registered owner? Okay, so they keyboard log your user ID. Then they magically screen capture your password since it is not entered by a keyboard. T...
by Rainier
Sat Mar 31, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Wireless phone use in Italy
Replies: 18
Views: 1126

Re: Wireless phone use in Italy

Cheapest options will be upon arrival in Italy.

You can get an international sim before leaving but they are expensive.
by Rainier
Sat Mar 31, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Bond Safety
Replies: 15
Views: 1317

Re: Savings Bond Safety

Have you used Treasury Direct?

How do you use a keylogger to capture the password for TD?
by Rainier
Sat Mar 31, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Phone
Replies: 4
Views: 650

Re: Google Pixel 2 Phone

I went from an iPhone to the original Pixel Xl this summer. Easy transition and now I am using Project Fi as well.
by Rainier
Sat Mar 31, 2018 5:54 am
Forum: Investing - Help with Personal Investments
Topic: HELOC funds for improvements to an investment property: tax rule question
Replies: 10
Views: 620

Re: HELOC funds for improvements to an investment property: tax rule question

The problem is, you are obsessed with the word HELOC. Let's try something else. You own your car outright, no loans, and it is worth $20,000. You need some cash so you take out a car loan from Penfed for $10,000 and pay it back over 5 years. Is the interest deductible? Depends.... 1) Use the cash to...
by Rainier
Sat Mar 31, 2018 5:42 am
Forum: Investing - Help with Personal Investments
Topic: HELOC funds for improvements to an investment property: tax rule question
Replies: 10
Views: 620

Re: HELOC funds for improvements to an investment property: tax rule question

I gave my source, with an active link - Kitces is a very well-respected PF blogger. What's yours? I read it as HELOCs are now only deductible if they're acquired on a personal residence, and used for improvement on a personal primary residence - and the OP was specifically referring to a HELOC for ...
by Rainier
Sat Mar 31, 2018 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 8
Views: 1679

Re: Fidelity Money Market Funds for everyday expenses

I also bank at a Fidelity with a CMA account. I like that account. I pay my bills from cash flow and run a really thin cash balance in relation to my expenses. My meager amount of cash sits in SPRXX. You can get slightly higher yield from Treasury bills, with no state income tax due. That's what I ...
by Rainier
Fri Mar 30, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 128
Views: 18168

Re: Is it time to dump high yield savings for prime money market?

Not a big income boost going from Ally to my brokerage money market fund (like 10 basis points), but I pulled the trigger today.

Biggest reason was to simplify. One less account, one less 1099, one less check book floating around.
by Rainier
Fri Mar 30, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: HELOC funds for improvements to an investment property: tax rule question
Replies: 10
Views: 620

Re: HELOC funds for improvements to an investment property: tax rule question

Two major assets in play: 1) our primary residence, on which we have a 30yr fixed mortgage and a 50k HELOC, where the rate is (prime - 0.25%), and currently has a ZERO balance. 2) an investment property, on which we have a 15yr fixed mortgage and no other open accounts. It's currently rented on a m...
by Rainier
Fri Mar 30, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 8
Views: 1679

Re: Fidelity Money Market Funds for everyday expenses

This is exactly what I want to do, get out of Ally and consolidate more to Fido. This is for short term savings (vacation in 6 months, escrow for property taxes, etc.) What are the restrictions for buying and selling these funds? Is there a minimum holding period? It seems like I can just swap out o...
by Rainier
Sat Mar 24, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: CBP (INS) Global Entry program worth it?
Replies: 65
Views: 4951

Re: CBP (INS) Global Entry program worth it?

Just got my Global Entry card in the mail and activated it. Application and interview process was very easy. In fact, the interview was not much of an interview at all....only thing they asked was my address. Just a few questions: 1) I only need the card for land crossings for Canada and Mexico. Don...
by Rainier
Sat Mar 24, 2018 5:45 am
Forum: Personal Finance (Not Investing)
Topic: changing my signature when signing checks and credit card receipts
Replies: 47
Views: 3247

Re: changing my signature when signing checks and credit card receipts

If my bank rejects my check for my signature, causing me to pay late or any other bogus fees, I would immediately stop doing business with that bank. Gracias por leer / cfs True story, my HELOC company rejected the first check I wrote on the account because my signature didn't match the card I used...
by Rainier
Sun Mar 18, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Google Sheets - Balance Sheet Template
Replies: 1
Views: 279

Google Sheets - Balance Sheet Template

I'm about ready to ditch Quicken and I want transfer my balance sheet over to Google Sheets. I will not be updating this regularly but want to track some assets that are likely to fall between the cracks (club membership bond, for example). Does anyone have a Google Sheets template they can share (w...
by Rainier
Fri Mar 16, 2018 6:38 pm
Forum: Personal Consumer Issues
Topic: Which Day Hiking Trails Do You Recommend?
Replies: 44
Views: 3234

Re: Which Day Hiking Trails Do You Recommend?

The Hardergrat in Switzerland, Google it. Once you see the photos you will book your plane tickets.

Can be done in a day.
by Rainier
Mon Mar 05, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: When do you book your vacation? [Skiing]
Replies: 8
Views: 625

Re: When do you book your vacation? [Skiing]

btenny wrote:
Mon Mar 05, 2018 8:24 pm
I would book by early September. That gets you the best prices at most places. But if you want to go to Vail you need to book close in hotel rooms or condos right now for the best dates. The good places get booked up in advance.
I never want to ski at Vail again, ever.
by Rainier
Mon Mar 05, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: When do you book your vacation? [Skiing]
Replies: 8
Views: 625

Re: When do you book your vacation? [Skiing]

What city are you flying out of and to? I would suggest AirBNB ASAP and flights at least 3 months prior. Depends on how popular it is at the time you want to go. Out of NYC metro including HPN Into: DEN, SLC, JAC, ASE, HDN, Calgary or Kelowna Potential areas would be anywhere on the Ikon Pass with ...
by Rainier
Mon Mar 05, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: When do you book your vacation? [Skiing]
Replies: 8
Views: 625

When do you book your vacation? [Skiing]

How far in advance do you book your vacation? Flight, lodging, car? The past few years we have been skiing in Europe and I have been buying my airplane tickets as soon as they are available (about 11 months out). I have found that for flights to Europe they don't seem to get any cheaper as you get c...
by Rainier
Sat Feb 17, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 5273

Re: Best plants to grow to save money for food costs

Marijuana.

Assuming it's legal in your state.
by Rainier
Tue Feb 13, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6170

Re: Accountant not doing taxes while you are there

It takes us 8 months to do some tax returns.
by Rainier
Sat Feb 10, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Bank mailed individual 1099-INT and Combined 1099-INT
Replies: 6
Views: 452

Re: Bank mailed individual 1099-INT and Combined 1099-INT

Or file with the correct interest and if you get a notice send the IRS back a response explaining the difference. The IRS will believe you and reverse the notice.

Then fire your bank.
by Rainier
Fri Feb 09, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2321

Re: Is there a way to figure 2018 taxes?

dbr wrote:
Fri Feb 09, 2018 9:53 am
I know a tax accountant who is still working 12 hour days to get answers to his clients for 2108. "Working on it" is not an exaggeration.
That's really sad. He should invest in some tax planning software. CS Planner is updated for 2018 tax laws.