Search found 1704 matches

by Random Poster
Wed Jan 23, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 20
Views: 1670

Re: Taking a Year Off

Has anyone had experience with something like this? Are there any pitfalls I am not taking into account? Would we end up screwing ourselves over in the long run? In my 20's, I worked for 2 years as an attorney and quit that job to travel around the world for year. Just me and a backback, a passport...
by Random Poster
Wed Jan 23, 2019 3:08 pm
Forum: Personal Consumer Issues
Topic: P-Trap and plumber woes
Replies: 27
Views: 1197

Re: P-Trap and plumber woes

I wouldn't go chrome, personally, if the plumbing isn't visible. I've found those to be the most prone to corrosion and leaks. If you're feeling handy, another option is to take the trap kit you fitted, and remove it while trying to keep the positioning the same. Then, build a trap of your own usin...
by Random Poster
Wed Jan 23, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 22
Views: 1837

Re: Too Much Savings for Income Manipulation for ACA Purposes?

I'd agree with the comments above - this is a rounding error for you. You have something like 3.5MM in liquid assets and a NW north of 5 million, right? No. $3.25 million liquid, for purposes of this discussion (being $2.5M in a taxable account and $750K in tax advantaged accounts). Assume you have...
by Random Poster
Wed Jan 23, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 22
Views: 1837

Re: Too Much Savings for Income Manipulation for ACA Purposes?

Part of the "manipulation" is structuring your portfolio to minimize taxable income. This involves not having $2.5 million in a taxable account. Okay, so what does a properly optimized and manipulated portfolio look like? Everything in tax-advantaged/deferred accounts? No money in the stock or bond...
by Random Poster
Tue Jan 22, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Buying Property in Northwest USA - Advice?
Replies: 18
Views: 1938

Re: Buying Property in Northwest USA - Advice?

If you want to move to Bozeman, I'd suggest you bite the bullet and do it. Nothing is going to stem the Californian tide. Well, the winters---provided that they stay cold---might. For those who suggested Livingston, the wind there is enough to drive many people insane. Personally, I don't see how t...
by Random Poster
Tue Jan 22, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 22
Views: 1837

Re: Too Much Savings for Income Manipulation for ACA Purposes?

Why is everything in taxable? Because, for purposes of my question, only the interest and dividends generated from the taxable account matter, I would think. In reality, there is another roughly $750K in tax advantaged accounts (IRA and 401K accounts), all of which are maxed out annually, and all o...
by Random Poster
Tue Jan 22, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 67
Views: 6912

Re: Vanguard Tax Forms Now Online

Can those of you who have 2018 tax forms tell us the final qualified dividend percentage for Vanguard Total Stock? Vanguard Total International (VTIAX) is 74.58% for me. For the Total Stock Admiral shares, I'm getting 94.0099%. I'm showing the same percentage as you are for the International Admira...
by Random Poster
Tue Jan 22, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 22
Views: 1837

Too Much Savings for Income Manipulation for ACA Purposes?

I've seen several threads over the years stating that one should try to manipulate their income in order to qualify for health insurance subsidies under the Affordable Care Act. But I'm curious if it is possible to have too much money in order to do any such manipulation. For example, for 2019, the ...
by Random Poster
Fri Jan 18, 2019 11:40 am
Forum: Forum Issues and Administration
Topic: Log-In Issues January 17th around 5:00 PM CST
Replies: 4
Views: 291

Log-In Issues January 17th around 5:00 PM CST

Yesterday, January 17th, the forum apparently automatically logged me out (as in, I didn't log out manually), and then would not let me log in at all. I would input my user name and password, and I'd keep getting either taken to the basic forum website (but without any indication that I my log in wa...
by Random Poster
Thu Jan 17, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to Get Competitive Quotes on O&G Tax Prep Fees
Replies: 17
Views: 977

Re: How to Get Competitive Quotes on O&G Tax Prep Fees

However, noone has yet posted, yet, an alternative method for obtaining fair market value in the area of specialised tax preparation services. I am still interested in this and would think other readers would be interested as well. Well, the fair market value rate for oil and gas tax services in, s...
by Random Poster
Thu Jan 17, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to Get Competitive Quotes on O&G Tax Prep Fees
Replies: 17
Views: 977

Re: How to Get Competitive Quotes on O&G Tax Prep Fees

Dilema: Have some oil & gas (O&G) mineral royalty interests (annual revenue = $20,000) and had a longtime accountant (not CPA) prepare the federal and state returns (Oklahoma, Colorado, Texas). I hope that the accountant wasn't charging you to do the state tax return for Texas. I came up with the f...
by Random Poster
Tue Jan 15, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: [Changes to Form 1116 for the 2018 tax year]
Replies: 1
Views: 184

Re: [Changes to Form 1116 for the 2018 tax year]

I presume that Line 18 of the AMT Form 1116 will have lower adjustment decimals as well, but I haven't seen the instructions for Form 6251 yet. As an update, the adjustment decimals for the AMT Worksheet for Line 18 of the AMT Form 1116 are the same as last year, although the line reference numbers...
by Random Poster
Mon Jan 14, 2019 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39486

Re: Vanguard Municipal Money Market VMSXX 1.39%

You need to extend the formulas for Prime MM to the end of the data series to get the graphic to display everything. As it is currently shared, the formulas only go to row 254, but they need to go to row 260 (at a minimum) or 266 (best). Once you do that, it should populate properly. Bottom line, g...
by Random Poster
Mon Jan 14, 2019 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39486

Re: Vanguard Municipal Money Market VMSXX 1.39%

Use whatever marginal rate applies to you. In my case, it's 24% plus the NIIT (3.8%), which brings my marginal rate to 27.8%. Does this calculation include the possibility of paying the 3.8% NIIT? Yes, it does. If you live in a state without an income tax, only the top-most bracket really benefits ...
by Random Poster
Mon Jan 14, 2019 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39486

Re: Vanguard Municipal Money Market VMSXX 1.39%

If we don't pay state taxes, then Prime MM is the best gig? Most likely--not paying state taxes makes it easier to compare, but you still need to factor in your federal tax rate to see if the muni MM is better or not. I just quickly modeled it and, as of now, VMMXX is the best for folks in states w...
by Random Poster
Sat Jan 12, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

But, still, the statement that launched this whole exchange stands: (underlying) shares are being sold without your input or control. Respectfully, that is not what the statement said. Rather, the statement was: “- Dividends are only "passive income" in the sense that they are your shares being sol...
by Random Poster
Fri Jan 11, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

In your own post you say it has 100M shares before and after the distribution. Are you confusing share count with market cap? I never stated that the share count of the TSM fund, the number of shares of the TSM fund that exist, changes. I did not confuse anything. edit: to add subordinate clause to...
by Random Poster
Fri Jan 11, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

A few points that all investors should drill into their head: - Dividends are only "passive income" in the sense that they are your shares being sold off without your input or control. And remember that income in this situation doesn't mean "gain wealth"... it's more like a simple cash transfer fro...
by Random Poster
Fri Jan 11, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

A few points that all investors should drill into their head: - Dividends are only "passive income" in the sense that they are your shares being sold off without your input or control. And remember that income in this situation doesn't mean "gain wealth"... it's more like a simple cash transfer fro...
by Random Poster
Wed Jan 09, 2019 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6874

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

The fascinating thing about the papers linked to in the article is that they are based on a historical database of 21 countries from 1900 to 2014, a much larger sample than the usual "US stock and bond markets from 1871 on". They reveal a couple of interesting tidbits: 1. The possibility of disaste...
by Random Poster
Tue Jan 08, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7434

Re: Safe withdrawal rate at 38 years old

I think what I'm trying to get at (and perhaps not articulating it very well) is what kind of income we could reasonably expect from this money. I'm trying to figure out a range (in dollars) by starting with a percentage. I'd go with 2.5%, based on a portfolio comprised of 40% Total US Market, 10% ...
by Random Poster
Tue Jan 08, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Best way to estimate health insurance costs in case of job loss?
Replies: 22
Views: 1144

Re: Best way to estimate health insurance costs in case of job loss?

Stupid question, but in reviewing the ACA policies for two people (or through HealthSherpa, which seems to show the same plans with rounded-up monthly premiums, but shows the deductible and out-of-pocket max as half of what the ACA shows them to be), are the premiums shown on a per-person basis or i...
by Random Poster
Mon Jan 07, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 830
Views: 119403

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

OldBallCoach wrote:
Mon Jan 07, 2019 1:47 pm
I asked the dealer what we would do if it didnt and he offered me high KBB for it on trade if I want to trade it...so the dealer must have some faith...
Or Honda Corporate is doing some behind-the-scenes backstopping regarding late model trade-ins.
by Random Poster
Mon Jan 07, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: House hunting in San Antonio (relocating from IL) - What to watch out for?
Replies: 31
Views: 1609

Re: House hunting in San Antonio (relocating from IL) - What to watch out for?

Traffic, traffic, and traffic. And don't forget about floods. Seems like every spring there is a flood around San Antonio. Usually more in the Hill Country area, but it can rain a bunch in San Antonio too. Regarding HVAC, expect for the a/c to run a lot during the summer. Some people install radiant...
by Random Poster
Fri Jan 04, 2019 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8263

Re: What Do You Spend The Most On Annually?

I know you think the rent is out of control but 4% Cable/Internet? What is going on there? It is a bit high, but it is what it is. Over the air doesn’t really work, and it is our main source of entertainment, as we don’t go to the movies and just get DVDs from that library or watch tv or spent time...
by Random Poster
Fri Jan 04, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8263

Re: What Do You Spend The Most On Annually?

You're paying 41% of 12.2% of your income - or 5% of your gross income - on rent. I would consider that the opposite of "out of control." Well, yes, but the rent amount exceeds 33% of the total living costs/discretionary amount, so it is a much higher amount than I would like for it to be. Unfortun...
by Random Poster
Fri Jan 04, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8263

Re: What Do You Spend The Most On Annually?

Out of Total Income roughly: 63.5% of gross is Savings. 24.3% of gross is Taxes and Health Insurance premiums. 12.2% of gross is Living Costs and Discretionary spending. Of the Living Costs/Discretionary spending: 41% is Rent. 14% is Food. 13% is Travel. 4.5% is Misc. (postage, cookware, odds and en...
by Random Poster
Fri Jan 04, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: [Changes to Form 1116 for the 2018 tax year]
Replies: 1
Views: 184

[Changes to Form 1116 for the 2018 tax year]

[Moved into a new thread from: Form 1116 Help --admin LadyGeek] Not sure where to post this FYI, so I just pulled an older (but still relatively new) thread on Form 1116 and Adjusting Qualified Dividends. Going through the 2018 instructions for Form 1116, I noticed that the adjustment calculations ...
by Random Poster
Wed Dec 26, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Lost in Translation . Couldn't stand it and can't believe it is so highly rated. Beirut . Captivating and moves quickly. Very darkly filmed though, so it can be hard on the eyes to watch. Definitely, Maybe . Better than I expected. Worth 2 hours of my time. Above average romantic comedy. Game Night...
by Random Poster
Thu Dec 20, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do once you hit your target number?
Replies: 49
Views: 5438

Re: What did you do once you hit your target number?

Did your target number increase multiple times as you got closer to it? When you finally hit it, did you stop work? Or keep working but really loosen the strings? What was the feeling like? Several years ago, I hit what I thought was my number. I wanted to quit work, but I didn't and I just kept sa...
by Random Poster
Fri Dec 14, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 form 1040 released
Replies: 26
Views: 3499

Re: 2018 form 1040 released

SimonJester wrote:
Fri Dec 14, 2018 10:34 am
I still dont get the change in format to a 1/2 sheet vs full sheet.
The paper and printer ink lobby are powerful interests and the increase in postage costs to mail the additional pages to the IRS helps increase the USPS’ profits.
by Random Poster
Mon Nov 26, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5687

Re: Is good, quality luggage worth the price?

When I (rarely) fly, I try to only do carry-on and I take a backpack (either a $49 Rick Steves model that is several years old and, sadly, no longer made, or a $79 Eagle Creek model that is a tad bit bigger). If I can't do carry-on only, I use a rolling suitcase that I got from Goodwill for $3 and t...
by Random Poster
Fri Nov 16, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Need advice on (2) jackets.
Replies: 32
Views: 2628

Re: Need advice on (2) jackets.

I also did not want buttons on what could be frigid weather. Can't do those with heavy gloves on... Precisely. The brown jacket is going for a look, not for practicality in an environment that the jacket was originally made for. If you have on mittens, good luck with the buttons. And if you are in ...
by Random Poster
Fri Nov 09, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 46145

Re: Whats your number to walk away?

. . . I guess my answer goes something like this: For what I would expect to provide a basic, but reasonably comfortable, retirement : $2.5 million total portfolio, with at least $1.75 million of that in a taxable account and the remainder in IRAs. For what I would expect to provide a very nice, mo...
by Random Poster
Tue Nov 06, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 51
Views: 3904

Re: Paper or Paperless? How and what financial records do you keep?

Paper tax returns forever. W-2s forever, all other supporting documentation for 3 years. Every January 1st, I print out all of the year's transactions at Vanguard and Fidelity for each account at each place and file the print-outs in a 3-ring binder. I also make a photocopy of the year's calendar sh...
by Random Poster
Mon Oct 22, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8932

Re: What's Your Fixed Income Strategy?

[ Years to retirement or already in retirement?(how many years in?) Don't know. Maybe retirement in 5 months, maybe in 1 year, maybe in a few years. Fixed income allocation as part of total allocation (Equity/Fixed Income) 50% equity, 50% fixed income. Allocation within the the fixed income allocati...
by Random Poster
Mon Oct 22, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Canada Goose Jacket
Replies: 57
Views: 4523

Re: Canada Goose Jacket

They are certainly warm, but I tend to believe that most people who have one do not really need it and wear them more as status symbols than for anything else.
by Random Poster
Thu Oct 18, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can you include this in a will?
Replies: 23
Views: 3624

Re: Can you include this in a will?

It is called an "in terrorem clause."

Normally, you will be dead if and when any such challenge occurs, so how will you ever know if the clause is effective?
by Random Poster
Wed Oct 17, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11425

Re: What do you consider 'enough'?

How about: Take what you spend annually now, and multiply that number by 1.33. Then multiply that resulting number by 40 (if you think that you can accept some risk of having to cut back expenses in the future) or 50 (if you'd rather have likely more secure, no-need-to-cut-back-later, retirement). F...
by Random Poster
Thu Sep 20, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 64
Views: 7104

Re: Don't trust Tripadvisor reviews

Recently I booked a resort (outside US) for me and my extended family (wife, parents and in-laws). The reviews on Tripadvisors looked very promising and it shows the resort ranking 5th out of around 230 resorts and hotels in the area. However, our stay was horrible, the hotel was super dirty, and t...
by Random Poster
Wed Sep 19, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 5010

Re: Bonds. Why? (vs. cds)

Let's all go back to the original discussion. It seems like tangents abound. Why not just get an FDIC insured 3 yr CD at 3.01 % instead of a bond for our low risk portion of our portfolio? Are there any municipal (i.e., federal income tax free) issued CDs? I need bonds for portfolio stability, asse...
by Random Poster
Mon Sep 17, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: How to tell when a Mango is ripe?
Replies: 19
Views: 1299

Re: How to tell when a Mango is ripe?

I gave up trying to figure it out.

If I want some mango, I just buy dried mango slices.
by Random Poster
Thu Sep 13, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11698

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

Upon hitting what I think is my FI number, I started arriving at work a little later and leaving work 30 minutes earlier and completely ceased responding to office emails after I left work for the day.

So, no, I am absolutely not climbing up any corporate ladder, but I might be climbing down it.
by Random Poster
Thu Sep 13, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: How to Evaluate a Bond Repurchase Offer?
Replies: 5
Views: 483

Re: How to Evaluate a Bond Repurchase Offer?

The bonds are not paying 7.25%; that is the coupon rate, but with a declining principal, the yield to maturity is a but under based on the current price. The tender offer is 0.35% above the yield to maturity, so declining the tender would be equivalent to holding a bond which yielded 3.6%. In your ...
by Random Poster
Wed Sep 12, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 2149

Re: Fine tuning income around the ACA cliff

curmudgeon wrote:
Wed Sep 12, 2018 9:45 am
If you are of a certain generation . . . .
Thank you for the information.
by Random Poster
Wed Sep 12, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Botched countertop installation - leave it as-is or risk the repair?
Replies: 78
Views: 8540

Re: Botched countertop installation - leave it as-is or risk the repair?

The current warranty is 1-yr. What is reasonable for an extended warranty and discount if we go this route? Any warranty extension would be from the contractor itself, and not from the manufacturer of the sink or countertop, correct? In that case, any warranty, or extension thereof, is only valid t...
by Random Poster
Wed Sep 12, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 2149

Re: Fine tuning income around the ACA cliff

I spent a lot of time playing with calculators and tax software looking at this. Could you recommend which calculators you used? Or, alternatively, a comprehensive resource that explains all of the details of the various ACA offerings, the tax implications of each, and how to make sense of it all?
by Random Poster
Tue Sep 11, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: How to Evaluate a Bond Repurchase Offer?
Replies: 5
Views: 483

Re: How to Evaluate a Bond Repurchase Offer?

bloom2708 wrote:
Mon Sep 10, 2018 11:52 am
Just my gut. I would be inclined to sell and simplify.
Thanks. I accepted the offer this morning.
by Random Poster
Mon Sep 10, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: How to Evaluate a Bond Repurchase Offer?
Replies: 5
Views: 483

How to Evaluate a Bond Repurchase Offer?

Background : I inherited 4,000 Aetna bonds, which have a 7.25% annual coupon (payable twice a year, or $290 total each year) and which mature August 15, 2023. The bonds' CUSIP number is 008117AG8. The bonds have an A- S&P rating and a BAA1 Moody's rating. My cost basis in the bonds is $4,746.01. Th...
by Random Poster
Thu Aug 30, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 91
Views: 8678

Re: Mega Downsize....

4. Next take all CDs to library. Seems like a bad idea to me. CDs do not take much space at all, weigh very little, can be listened to at any time (provided you have a CD player and speakers, of course), and, best of all, you own them. Music that I loaded onto iTunes and then onto an iPhone is seld...