Search found 1125 matches

by RustyShackleford
Tue Dec 06, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 1396

Re: Confused about chase 5/24 rule

I think another exception is business credit cards not issued by Chase. This according to the folks at flyertalk, who live and breath this stuff. Some. You just need to make sure it's not reported to your personal credit report. Google it...there are plenty of lists out there that detail which ones...
by RustyShackleford
Mon Dec 05, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 1396

Re: Confused about chase 5/24 rule

Simple answer, count up the *new* cards, in your name, that you've *opened* with any bank over the last 24 months. If the number is greater than 5, then you'll need to wait until that number drops below 5 for the previous 24 months. Old cards, the total number of cards, your wife's cards, whether t...
by RustyShackleford
Tue Oct 25, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: [TurboTax 2016--Schd D not included in online version (desktop only)]
Replies: 24
Views: 1694

Re: TurboTax 2016--Schd D repeat

I just hung up on TurboTax after verifying they did it again.--Schd D is not in Delux-----AGAIN!!!!. :shock: I can't believe they did it again--I will look elsewhere after being a TT customer for 18 yrs :oops: We need an Icon for someone shooting themselves in the head. I guess they are in a downsi...
by RustyShackleford
Mon Oct 24, 2016 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: [TurboTax 2016--Schd D not included in online version (desktop only)]
Replies: 24
Views: 1694

Re: TurboTax 2016--Schd D repeat

I just hung up on TurboTax after verifying they did it again.--Schd D is not in Delux-----AGAIN!!!!. :shock: Really ? Are you sure it's not just that it doesn't do the hand-holding for helping you fill out the form ? The website says that Premier gives you "Additional Help for investment sales...
by RustyShackleford
Wed Oct 05, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: expect 1% real return from TIAA Traditional ?
Replies: 3
Views: 571

Re: expect 1% real return from TIAA Traditional ?

No, I have not annuitized. I am mid-60s. I have no intention of doing an all-TIAA Trad portfolio. It's just kind of a thought experiment. But certainly, given I'd be fine with a 3% inflation-adjusted withdrawal rate, and that a consistent 1% real return can support such a rate for 40 years, it's pre...
by RustyShackleford
Tue Oct 04, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: expect 1% real return from TIAA Traditional ?
Replies: 3
Views: 571

expect 1% real return from TIAA Traditional ?

I'm already retired, and I've become optimistic that I may be able to lower my SWR to 3% and still achieve my retirement income goals (inflation-adjusted each year without regard for market performance). A simple spreadsheet shows me that with a real return under 1%, a nest egg should last for 40 ye...
by RustyShackleford
Thu Jul 28, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 102734

Re: What's Your Credit Card Rewards Strategy?

My strategy is very simple: use the Citi Double Cash card most of the time, and cherry-pick signup bonuses of large chunks of frequent-flyer miles, concentrating on Southwest Airlines (so switch to whatever new card, for just long enough to qualify for the signup bonus). I could probably optimize ca...
by RustyShackleford
Sat Jul 23, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 66
Views: 5816

Re: TIAA Traditional Annuity as sole fixed income component

I'm a fan of Traditional, having moved considerable money (by rolling from an external TIRA) into it over the past few years, and contemplating aiming towards 50% of my FI allocation. I continue, however, to be frustrated by the inability of TIAA's website's online Retirement Income Planner (RIP, hm...
by RustyShackleford
Sun Jul 17, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 66
Views: 5816

Re: TIAA Traditional Annuity as sole fixed income component

Came across this thread looking for the same answer as you ... I'm thinking 50% of my bond allocation, mainly because it's a nice round number. But seriously, it seems to balance the solid yield (and here's hoping the conventional wisdom, that TIAA Trad interest rates will increase whenever rates ge...
by RustyShackleford
Mon Jun 20, 2016 11:59 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

noraz123 wrote:Also, I do think it is unfair to say people are lazy. Rather, they are uninformed.

Exactly. The reason I was so uninformed on investment stuff when I was 40you was that I thought the work I was doing was a lot more important that figuring out how to maximize my retirement account.
by RustyShackleford
Sat Jun 18, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

Referenced in McLean's Weekly Roundup (email newsletter):

Take twenty minutes to watch John Oliver say pretty much everything we would say about advisors (if we could actually write jokes, and with some more “choice” language).
by RustyShackleford
Tue Jun 14, 2016 9:43 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

I agree that John Oliver is hilarious and at the same time raises much needed attention to certain subjects. It's great when you can have a good laugh and learn something at the same time. I've been watching all of his videos through youtube. I think I'm a pretty well-informed person. Almost every ...
by RustyShackleford
Tue Jun 14, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

I did enjoy the video but found it rather sophomoric. The barnyard language added nothing and gave the impression of immaturity. The central points of the video were very good, particularly that costs compound over time. That was the whole idea: to provide these essential points in an entertaining ...
by RustyShackleford
Tue Jun 14, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

Boy, if you thought Stewart was smug (which he was, somewhat -- not enough to bother me), you should check out Maher. Now that is a smug talk show host. Oh yeah, I'll well familiar with him. I'm very torn with him. You're right, he is unbelievably smug, [OT comment removed by moderator prudent] . B...
by RustyShackleford
Mon Jun 13, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

I love John Oliver. He is filling the void left by Jon Stewart. I wasn't crazy about Stewart. Too smug for me ("look how smart we are and how stupid those *** are"). Oliver is funny, but only at the expense of people who truly deserve it, e.g. the ripoff artists described in the piece we'...
by RustyShackleford
Mon Jun 13, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

Can someone please post a link when it becomes available online? Not there yet, but the "main story" segment of his show can almost always be found at youtube (just go there and search "john oliver"). Presents the basics in a very entertaining way. Send the link to anyone you kn...
by RustyShackleford
Sun Jun 12, 2016 10:45 pm
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 16119

Re: John Oliver covers retail investment industry on Last Week Tonight

whodidntante wrote:Is this a sell signal?

No. The man is a serious journalist - in the satirical news vein of The Daily Show (but better).

http://time.com/3674807/john-oliver-net ... s-america/
by RustyShackleford
Wed Jun 08, 2016 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Question about 0% Long Term Capital Gains
Replies: 9
Views: 921

Re: Question about 0% Long Term Capital Gains

Whatever you end up doing, be sure to take advantage of ALL of that 10-15% federal tax bracket; it is a great resource that should not be squandered. Whatever you don't use for long-term capital gains, use for doing a partial Roth conversion. This thread has a lot more to say about it: https://www.b...
by RustyShackleford
Thu Jun 02, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: Suggested Best Practices During A Rising Interest Rate Environment
Replies: 59
Views: 8678

Re: Suggested Best Practices During A Rising Interest Rate Environment

I would still like to be able to simulate this recovery process in Excel. Thanks, guys, for explaining this so patiently. Seems like a math major would pick it up quicker ... Recent Vanguard article which explains this too (why we shouldn't be scared of bond funds just because interest rates are pr...
by RustyShackleford
Tue May 24, 2016 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth convert/rechar to reallocate
Replies: 4
Views: 276

Re: Roth convert/rechar to reallocate

Thanks, folks. The securities are individual TIPS, and an inflation-adjusted student loan bond (ticker: ISM). Yes, broker definitely allows Roth conversion without liquidation; they simply compute the FMV when the conversion takes place. And yes, they allow the recharacterization to take place with ...
by RustyShackleford
Tue May 24, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Roth convert/rechar to reallocate
Replies: 4
Views: 276

Roth convert/rechar to reallocate

I have a pile of cash in my Roth, and some bonds in my TIRA that I'd rather hold in my Roth (to free up that cash, to roll to TIAA-CREF's Traditional in my RA there). Bid/ask spreads are such that it'd cost me a bit to sell them in TIRA and re-buy in Roth. So I wonder about just doing a Roth convers...
by RustyShackleford
Fri Apr 08, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Required minimum distribution question
Replies: 31
Views: 2452

Re: IRA Required minimum distribution question

I am pretty confused about the Uniform Lifetime Table - the one I'll use, since I'll either still be single, or married to a woman close to my own age (i.e. not 10 years younger): https://www.irs.gov/publications/p590b/index.html#en_US_2014_publink1000231236 (the VERY bottom of this link) It says wh...
by RustyShackleford
Tue Mar 15, 2016 7:44 pm
Forum: Personal Consumer Issues
Topic: Upping my mileage/points game
Replies: 72
Views: 7100

Re: Upping my mileage/points game

The 5/24 rule is also relevant for those who fly domestically and don't mind Southwest, due to the the SW companion pass. Yeah, the best points deal I know is doing two Chase Southwest cards in the same year and getting the Companion Pass. Unfortunately I was not hip to this last time I got my Sout...
by RustyShackleford
Mon Mar 14, 2016 9:39 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 30110

Re: Don't understand nutrition and exercise

Toons wrote:3.Burn more calories than you eat

If you're 5'10" and 70kg, this is probably a bad idea.

On diet, Michael Pollan famously said "eat food, not too much, mostly plants". He also said not to eat anything your great grandmother would not recognize as being food.
by RustyShackleford
Mon Mar 07, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card "deadbeats"
Replies: 23
Views: 3140

Re: Credit card "deadbeats"

So, that begs the question, why do credit card companies continue to give cards to people they know will cost them money? Why not stop giving people who they know are most likely to never carry a balance? It's worse than deadbeats never paying finance charges, late fees, etc. People like me love to...
by RustyShackleford
Tue Mar 01, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Airline Ticket Quandary, advice appreciated
Replies: 9
Views: 1922

Re: Airline Ticket Quandary, advice appreciated

Check out flyertalk.com - they live and breath this stuff and might have suggestions. Also, for domestic travel, use Southwest. They are much less into screwing their customers with fees. In particular, they give you the ENTIRE value of an unused ticket (even the cheapest fare class) back in "t...
by RustyShackleford
Sun Feb 21, 2016 3:11 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 185
Views: 18885

Re: Netflix, Your Current Favorite Show

I can't say enough about "Rectify". Truly unique.

And "Fargo". Season 1 was better than the movie. And season 2 was better than season 1.
by RustyShackleford
Sun Feb 21, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 185
Views: 18885

Re: Netflix, Your Current Favorite Show

FYI: Don't watch Making a Murderer unless you feel like getting disgusted with the criminal justice system. In other words, unless you feel like being a well-informed citizen. Anyone else not like Making a Murderer or at least disappointed with how skewed it is towards the defense? That's true, but...
by RustyShackleford
Sun Feb 21, 2016 3:05 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 185
Views: 18885

Re: Netflix, Your Current Favorite Show

BW1985 wrote:
Rotsevni wrote:I'm following the serie Homeland :D Really addicting actually hehe


Season 1 was the best.

It got weaker in 2 and even worse in 3, but I thought 4 and 5 were great.
by RustyShackleford
Sun Feb 21, 2016 3:01 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 185
Views: 18885

Re: Netflix, Your Current Favorite Show

knpstr wrote:FYI: Don't watch Making a Murderer unless you feel like getting disgusted with the criminal justice system.

In other words, unless you feel like being a well-informed citizen.
by RustyShackleford
Sun Jan 24, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed re Roth conversion & recharacterization
Replies: 15
Views: 836

Re: Help needed re Roth conversion & recharacterization

Don't enter any of this on your 2015 return because it does not apply to 2015. While the 1099R is a 2015 1099R, the box 7 code should be "R", which means the recharacterization was for a 2014 conversion. While you should have included an explanatory statement with your 2014 return regardi...
by RustyShackleford
Sun Jan 24, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed re Roth conversion & recharacterization
Replies: 15
Views: 836

Re: Help needed re Roth conversion & recharacterization

@RustyS, one thing I did which is perhaps a bit old-fashioned is that I printed out the instructions for Form 8606 and used highlighter to mark the sections and sentences that applied to my recharacterization. I thought this instructions were pretty clear and what to do. Yeah, I'm pretty sure my Fo...
by RustyShackleford
Sun Jan 24, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed re Roth conversion & recharacterization
Replies: 15
Views: 836

Re: Help needed re Roth conversion & recharacterization

One thing I've always wondered about: do I need to enter the 1099-R that is issued for my Roth amount, showing the distribution used to make the recharacterization back to my TIRA ? I usually do at last a partial recharacterization in the subsequent tax year, so the 1099-R for recharacterization of ...
by RustyShackleford
Sun Jan 24, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: Is Nitrogen better than air?
Replies: 86
Views: 10783

Re: Is Nitrogen better than air?

dickenjb wrote:For breathing, air is definitely better.

Absolutely. And though many may think it a silly observation in this thread, imagine you're in the same situation as Sidney Bristow in Season 1 Episode 17 of Alias.
by RustyShackleford
Wed Jan 20, 2016 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Payments and Capital Gains
Replies: 25
Views: 2541

Re: Estimated Tax Payments and Capital Gains

Estimated payments count just as much as withholding toward safe harbor, with the provision that they're made equally throughout the year. True - for the safe harbor of 100% of last year's tax or 90% or this year's. But, I believe, if you examine Form 2210 (https://www.irs.gov/pub/irs-pdf/f2210.pdf...
by RustyShackleford
Wed Jan 20, 2016 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Taxact breached as well - just saw an article in wsj
Replies: 35
Views: 4252

Re: Taxact breached as well - just saw an article in wsj

I'm tempted to actually withhold absolutely nothing... If you claim exemptions/allowances you are not entitled to and have a pattern, the IRS can and will dictate what your withholding will be. You and every employer will receive a "lock-in letter". This mandates your withholding and the ...
by RustyShackleford
Wed Jan 20, 2016 12:41 am
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Payments and Capital Gains
Replies: 25
Views: 2541

Re: Estimated Tax Payments and Capital Gains

I've been told a number of people on Bogleheads (retired I believe) pay no estimated tax during the year. Instead when taking money from their retirement account or getting their RMD they have withheld their taxes for the year. ... This avoids breaking income/taxes into quarters. I do this too. The...
by RustyShackleford
Wed Jan 20, 2016 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2014: Buyer Beware
Replies: 77
Views: 11798

Re: Turbotax 2014: Buyer Beware

I just finished doing my taxes on TurboTax Home Business 2014 for Mac, without any issues. I just saved to PDF without issue using the File menu >> Save to PDF... as well as the File menu >> Print... All forms and worksheets >> Save as PDF, without any problems. I never was asked to log in to Intui...
by RustyShackleford
Tue Jan 19, 2016 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Taxact breached as well - just saw an article in wsj
Replies: 35
Views: 4252

Re: Taxact breached as well - just saw an article in wsj

I don't recall if Intuit eventually changed their stance on this, but last year Mac users of TurboTax couldn't use the local (desktop) version and print the paper return without routing the data through Intuit's servers. I don't believe this. I have been using the OSX version of TurboTax (for well ...
by RustyShackleford
Tue Jan 19, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Taxact breached as well - just saw an article in wsj
Replies: 35
Views: 4252

Re: Taxact breached as well - just saw an article in wsj

Never get a refund. This means giving the government an interest free loan. ... You always want to have some taxes due. Depending on how aggressive you want to be, target having the highest possible tax due while avoiding a penalty. Yeah, that's what I always try to tell my less financial-savvy fri...
by RustyShackleford
Mon Jan 18, 2016 12:58 am
Forum: Personal Consumer Issues
Topic: Amazon is dropping Prime price to $73 for the weekend
Replies: 26
Views: 4900

Re: Amazon is dropping Prime price to $73 for the weekend

Mudpuppy wrote:The prices are not static.

I was assuming they would be, once I'd put something in my cart. Maybe that's not a fair assumption.
by RustyShackleford
Sun Jan 17, 2016 2:07 pm
Forum: Personal Consumer Issues
Topic: Amazon is dropping Prime price to $73 for the weekend
Replies: 26
Views: 4900

Re: Amazon is dropping Prime price to $73 for the weekend

Amazon did something super-sleazy (IMHO) to me recently. I put something in my shopping cart (a Prime add-on item, so couldn't ship for free until I bought something else too) that was $5.99. I finally wanted to buy something else, and went to check out, and the price on the $5.99 item had increased...
by RustyShackleford
Sat Jan 16, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: Amazon is dropping Prime price to $73 for the weekend
Replies: 26
Views: 4900

Re: Amazon is dropping Prime price to $73 for the weekend

If you have a dot-edu email address you can get a student membership for $49/year; doesn't matter if you're a student or not - at least that's what an Amazon phone rep told me. Spend enough, and you're a perpetual student :-) This is true. The catch is that the dot-edu discount only works for a few...
by RustyShackleford
Fri Jan 15, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: Amazon is dropping Prime price to $73 for the weekend
Replies: 26
Views: 4900

Re: Amazon is dropping Prime price to $73 for the weekend

If you have a dot-edu email address you can get a student membership for $49/year; doesn't matter if you're a student or not - at least that's what an Amazon phone rep told me. Spend enough, and you're a perpetual student :-)
by RustyShackleford
Fri Jan 15, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's detailed estimated year-end distributions
Replies: 37
Views: 4272

Re: Vanguard's detailed estimated year-end distributions

So I asked this question 4 years ago: For foreign fund/ETFs, I wonder if there is any way to know what the foreign tax withheld is, before actually receiving a 1099-DIV ? The distribution shown at: https://personal.vanguard.com/us/funds/etf/all?sortorder=asc&sortorder=asc&sortorder=asc&s...
by RustyShackleford
Fri Jan 15, 2016 1:02 am
Forum: Investing - Help with Personal Investments
Topic: brokered CDs
Replies: 23
Views: 1435

Re: brokered CDs

Point is, when you look at the description of a CD, which presumably you do before purchasing, it will tell you. You're supposed to do that ? :-) Afraid all I looked at was duration and rate. From AMEX and in a reputable brokerage, so I didn't worry much. The dropdown for "Reinvest ?" in ...
by RustyShackleford
Fri Jan 15, 2016 12:14 am
Forum: Investing - Help with Personal Investments
Topic: brokered CDs
Replies: 23
Views: 1435

brokered CDs

I bought a brokered CD recently (in a Roth) without fully understanding how they work (never a great idea). I understand the value can go up or down, like a regular bond, from day to day depending upon how attractive the CD's interest rate looks in terms of current interest rate. What I don't unders...
by RustyShackleford
Tue Jan 12, 2016 1:42 pm
Forum: Investing - Theory, News & General
Topic: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS
Replies: 78
Views: 10333

Re: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS

Sure, it's noise. But, this is the second year in a row (at least) where I would have been better off replacing my 40% equity, 40% bonds, 10% real estate, 5% commodity, 5% cash portfolio with 100% TIAA Real Estate (or even 100% TIAA Traditional). (And yes, I believe Bogleheads would approve of all t...
by RustyShackleford
Fri Jan 08, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Payment date when a check is mailed, or deposited?
Replies: 12
Views: 1634

Re: Payment date when a check is mailed, or deposited?

This is really critical for those of us retirees, who use "deduction bunching" to maximize our deductions (maybe that's what you're doing). By far my biggest deduction is property taxes, $4000/yr or so (excepting years when I fund my charitable gift account with highly-appreciated long-ter...
by RustyShackleford
Thu Jan 07, 2016 12:50 pm
Forum: Investing - Theory, News & General
Topic: VBTIX distributions
Replies: 5
Views: 654

Re: VBTIX distributions

... nothing to do with being an Institutional share class. Most bond mutual funds work that way ... Duh, BION I never owned a bond fund (just ETFs), at least not since the dark days when I used a "full service" broker and didn't pay much attention to this stuff (including the 5%'ish front...

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