Search found 6491 matches

by Sidney
Fri Jun 16, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Need WIFI repeater or second router Advice
Replies: 45
Views: 2376

Re: Need WIFI repeater or second router Advice

I would replace their router with a better one.
by Sidney
Mon Jun 12, 2017 7:17 am
Forum: Personal Finance (Not Investing)
Topic: FERS 1099-R boxes 1 and 2A if survivor annuity taken
Replies: 9
Views: 514

Re: FERS 1099-R boxes 1 and 2A if survivor annuity taken

patatdac wrote:Some good news:
Survivor receives 50% of the $12,000 amount.

That is bizarre. What would survivor get if they chose 100% survivor benefit - $12K? Sounds like the survivor has a pretty good incentive to kill the primary pensioner.
by Sidney
Sun Jun 11, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Troublesome and questionable change in I-ORP Social Security Calculations
Replies: 16
Views: 1254

Re: Troublesome and questionable change in I-ORP Social Security Calculations

There is also a Supreme Court case (Flemming v. something-or-other if I recall partly correctly) that ruled that SS is not a contractual obligation so theoretically it can go away with a single act of congress.
by Sidney
Sun Jun 11, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo (Alexa)
Replies: 91
Views: 15496

Re: Amazon Echo (Alexa)

I can see how these might be useful for someone who might have an impairment (mobility, sight ...). I have increasing hearing impairment so it wouldn't work for me. Also, as long as I am physically able to get up, walk across the room and turn off the light it is probably helpful to me that I don't ...
by Sidney
Sun May 28, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Details on how to complete a Recharacterization
Replies: 7
Views: 617

Re: Details on how to complete a Recharacterization

I would suggest taking a good look at pp 30-31 of IRS Publication 590-A.
by Sidney
Sun May 28, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 78
Views: 5562

Re: Retiring in southern college town

RoadHouseFan wrote:Can't go wrong by moving to southern states - patriotic people, family values and unbeatable food.

I have found this everywhere in the world I have lived.
by Sidney
Sat May 27, 2017 9:16 pm
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 3455

Re: How many investment companies to have money in?

I am puzzled how otherwise risk-conscious investors have no concerns putting all their eggs in one basket when it comes to investment firms. People should consider what might happen in a catastrophic hacking incident or what a hostile foreign intelligence service might do to disrupt our economy dur...
by Sidney
Thu May 25, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 1804

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Without diving into this specific instance, this is something that was implied in recent remarks of Jack Bogle in which he pointed out that Vanguard, Blackrock, and State Street collectively hold 21% of all U.S. equities. --if their collective share gets a little larger, and they decide to work tog...
by Sidney
Thu May 25, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 146
Views: 7315

Re: How dividends become irrelevant?

Stocks are not priced as a simple balance sheet exercise but on many different perceived values, and the issuance of a dividend does not necessary get directly reflected in the price, just as cash can often be ignored. You have to control for other factors, but when you do, the markets' accounting ...
by Sidney
Tue May 23, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: After tax money in 401k rolled over to IRA in 2004
Replies: 9
Views: 530

Re: After tax money in 401k rolled over to IRA in 2004

I recall it saying (and I could be wrong) that you do not report the nontaxable portion of a rollover until you actually do a distribution. That makes a lot of sense to me because if people reported them on Form 8606 when the rollover happens, a lot of people would not be able to use the back door ...
by Sidney
Tue May 23, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum and retiring this fall
Replies: 55
Views: 5420

Re: New to the forum and retiring this fall

Tracyfaa wrote:a pension/annuity + compensation for being forced out early due to age of roughly $120k

Just to clarify - this is $120,000 per year for the rest of your life? Is there a survivor benefit if you predecease your spouse?
by Sidney
Wed May 17, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: What if I have enough money?
Replies: 22
Views: 4355

Re: What if I have enough money?

I agree with BL. I would rethink the decision to take SS at 62. You need to compile the numbers and evaluate how you'd fund the 8-year gap but it is a very compelling math for many people.
by Sidney
Wed May 17, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7646

Re: Article: "Our emergency fund is exactly $0.00"

I agree with most of the article. Keeping an emergency fund to me means that you're locking in a lower expected return. I don't see why someone with a sizable portfolio (enough to cover several years worth of expenses) would need one. If you have a large enough portfolio with a healthy stock/bond a...
by Sidney
Wed May 17, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7646

Re: Article: "Our emergency fund is exactly $0.00"

...portfolio line of credit (which is basically like a home equity line of credit but based on my taxable portfolio instead) with WellsFargo which allows me to borrow (approximately) 50% of my portfolio value without needing to liquidate anything. I have access to the money instantly so that's anot...
by Sidney
Sat May 13, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Best UPF Comfortable Field Shirt
Replies: 15
Views: 1115

Re: Best UPF Comfortable Field Shirt

I have found that cotton can hold moisture and become downright cold if the temp backs off. I like it for casual wear but not for anything active. A hat will help but is not a complete solution for the face and neck. There are some decent moisturizers that have pretty high SPF and don't feel like su...
by Sidney
Thu May 11, 2017 5:42 pm
Forum: Personal Consumer Issues
Topic: Trip to South Africa in November - Advice
Replies: 24
Views: 1452

Re: Trip to South Africa in November - Advice

Have you thought through how much time (percent of the entire trip) you are spending in planes, airports and layover? My sense is that it is a lot -- is that really what you want to do with your vacation time?
by Sidney
Tue May 09, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Question about re-gifting a gift for tax purposes
Replies: 13
Views: 691

Re: Question about re-gifting a gift for tax purposes

I think this would be considered a step transaction. Gill might come along and comment on this.
by Sidney
Tue May 09, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Moving and Taxes - [What Would You Do]?
Replies: 6
Views: 639

Re: Moving and Taxes - WWYD?

Dynasty90 wrote:What would you do?

Whatever is legally required for the situation.
by Sidney
Tue May 09, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Where to park my fat stacks [money]?
Replies: 20
Views: 2317

Re: Where to park my fat stacks [money]?

Taxable bonds in taxable account may not make sense for you.
by Sidney
Sun May 07, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Buying vacation home
Replies: 29
Views: 3484

Re: Buying vacation home

LarryAllen wrote:You can always rent a nice place and just walk out when you are done.

You are also not locked into one place.
by Sidney
Sun May 07, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Park cash
Replies: 4
Views: 554

Re: Park cash

Perhaps look at Vanguard's Limited Term Tax Exempt fund. Yield is running around 1.35% (after tax) and volatility is pretty low.
by Sidney
Wed May 03, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Treating Water with Chlorine or Iodine
Replies: 10
Views: 861

Re: Treating Water with Chlorine or Iodine

For centuries before water was safe to drink, people drank beer.
by Sidney
Wed May 03, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley drops Vanguard funds
Replies: 26
Views: 7496

Re: Morgan Stanley drops Vanguard funds

This says it all

Morgan Stanley, the largest U.S. brokerage by salesforce
by Sidney
Tue May 02, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Retirement at 62?
Replies: 20
Views: 3994

Re: Safe Retirement at 62?

732002 wrote:Her 403A,403B and frozen cash pension 33K
Him 403A, 403B and cash pension 25K
Him old frozen pension 13K

If these are non-COLA pensions, it seems like a very significant part of your future income stream is at risk to inflation.
by Sidney
Tue May 02, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Are we (nearly) ready to retire?
Replies: 32
Views: 3252

Re: Are we (nearly) ready to retire?

Retiree medical benefits are normally not protected benefits. The employers can and do reduce or eliminate these at their discretion.
by Sidney
Tue May 02, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: 401k administrator requiring net worth
Replies: 40
Views: 2810

Re: 401k administrator requiring net worth

dantee3 wrote:Annual Incomevaries
Net Worth positive
Liquid Net Worthpositive
Federal Tax Bracketvaries
Annual Expensesvaries
Special Expensesvaries
Prior Investmentsyes
Time Horizonlong
Liquidity Needsvaries
Risk Tolerancecomfortable
Investment Objectionsthese questions
by Sidney
Mon May 01, 2017 12:13 am
Forum: Investing - Theory, News & General
Topic: Transferring ETF shares to charity
Replies: 17
Views: 930

Re: Transferring ETF shares to charity

Isn't the charity obligated to give you a statement valuing the donation?
by Sidney
Tue Apr 25, 2017 3:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 106
Views: 10079

Re: Vanguard has switched to brokerage only accounts

I converted mine to brokerage last year. No problems.
by Sidney
Tue Apr 25, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring DAF funds from VG to Fidelity
Replies: 9
Views: 556

Re: Transferring DAF funds from VG to Fidelity

Just curious, why would either of you have multiple DAF's? And why would it matter to switch between one or the other? VG has a minimum grant size of $500. Most of our donations are large but from time to time there are donations we make under $500 and having an alternative DAF would be a minor con...
by Sidney
Tue Apr 25, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Transferring DAF funds from VG to Fidelity
Replies: 9
Views: 556

Transferring DAF funds from VG to Fidelity

I'm thinking of transferring a small portion of our VG DAF to Fidelity -- assuming I can do this. Is it as simple as creating a DAF at Fidelity and making a grant from VG to Fidelity? How does VG (in my grant) specify that the funds go to my account at Fidelity - presumably they operate under a sing...
by Sidney
Sun Apr 23, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Is this tax deductible?
Replies: 19
Views: 1396

Re: Is this tax deductible?

I would say no. First, you can't deduct gifts to individuals. Second, even if it were gifts to the AL Home, that organization is probably not a 501(c)(3) org.
by Sidney
Fri Apr 21, 2017 5:25 pm
Forum: Investing - Theory, News & General
Topic: White Gold ??? [question about newletter claim]
Replies: 21
Views: 2164

Re: White Gold ???

This kind of thing pops up all the time. People swear they've found the answer to (fill in the blank), and nothing ever materializes. Are you telling me that magnet I strapped to my fuel line isn't helping my gas mileage? It's probably helping your perception of good gas mileage. :wink: It's really...
by Sidney
Fri Apr 21, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: White Gold ??? [question about newletter claim]
Replies: 21
Views: 2164

Re: White Gold ???

willthrill81 wrote:This kind of thing pops up all the time. People swear they've found the answer to (fill in the blank), and nothing ever materializes.

Are you telling me that magnet I strapped to my fuel line isn't helping my gas mileage?
by Sidney
Fri Apr 21, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 43
Views: 3533

Re: IRS refund today!

I usually file in early October.
by Sidney
Fri Apr 21, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: White Gold ??? [question about newletter claim]
Replies: 21
Views: 2164

Re: White Gold ???

Jack FFR1846 wrote:Coal?

:beer
by Sidney
Fri Apr 21, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 43
Views: 3533

Re: IRS refund today!

No, I mean Jan 15. That is when my fourth quarter estimated tax payment is due. I try to make sure I know my tax liability before I make the last payment. That way I can make sure I pay only what is needed to come very close to zero refund/zero owed. Sometimes I miss.
by Sidney
Fri Apr 21, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 43
Views: 3533

Re: IRS refund today!

Most years I get mine before January 15th.
by Sidney
Wed Apr 19, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Need Urgent help in Capital Gains Calculations
Replies: 11
Views: 977

Re: Need Urgent help in Capital Gains Calculations

I haven't looked at the numbers carefully -- but, is it possible that the OP has found the infamous and unpublished 30% bracket?
by Sidney
Tue Apr 18, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - How to declare in TaxAct? No 1099-R is not available?
Replies: 2
Views: 230

Re: Backdoor Roth - How to declare in TaxAct? No 1099-R is available?

I believe the conversion to the ROTH is a 2017 tax event and does not affect your 2016 tax return. You should get a 1099-R from the custodian for the conversion around the end of January, 2018.

For 2016 you would reflect the non-deductible contribution to the TIRA on form 8606
by Sidney
Wed Apr 12, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4743

Re: Car Breaks Down on Long Road Trip

Why not rent a car to begin with? If car breaks down, rental company brings you a replacement and deals with the problem.
by Sidney
Fri Apr 07, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 11230

Re: High Income earners, whats your Tax Strategy?

Charitable donations that provide 50% state tax credits I've never heard of these, what key words should I be searching with to find out more? I'm guessing it's state dependent, as well as donation-recipient-type dependent? I'd start with the state income tax forms. Often there is a specific form f...
by Sidney
Fri Mar 31, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Is there any difference between a Rollover IRA and a Traditional IRA?
Replies: 21
Views: 2073

Re: Is there any difference between a Rollover IRA and a Traditional IRA?

Are there any significant reasons to keep these accounts separated other than the possibility to roll back to a qualified retirement plan? I am thinking of consolidating my Traditional and Rollover IRAs. There is virtually zero chance I will need or want to roll the rollover back to a qualified plan...
by Sidney
Mon Mar 20, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Early retirement: advice on timing, asset types and allocation
Replies: 7
Views: 1219

Re: Early retirement: advice on timing, asset types and allocation

Here are a couple of thoughts. One: Try to push to the back of your mind a focus on cash flow vs. return/risk. Mainly to make sure you don't make moves which might be sub-optimal from a return/risk standpoint just because they are "cash generating." Two: If you plan to do any charitable do...
by Sidney
Mon Mar 20, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Rental Property
Replies: 9
Views: 1106

Re: Rental Property

Spend some time with other people who own rental property. Perhaps arrange for a few of your friends to call you for a favor in the middle of the night or just as you are about to sit down for Thanksgiving Dinner.
by Sidney
Mon Mar 20, 2017 7:22 am
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 195
Views: 54349

Re: [Why did my fund suddenly drop in value?]

Indeed. We are about to find out that when you break a loaf of bread in half, miraculously you have .... wait a minute ... still only one loaf.
by Sidney
Mon Mar 06, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Tracking Tools
Replies: 41
Views: 3378

Re: Portfolio Tracking Tools

rtorkin wrote:I totally agree that a low cost index approach works well, but would like to add some of my own stock ideas to the mix.

Seems to be a contradiction in one short sentence.
by Sidney
Wed Mar 01, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: State wages (box 16) blank on W-2
Replies: 12
Views: 1039

Re: State wages (box 16) blank on W-2

In my case, the income is from another state, not my state of residence. You should be able to apportion the income to have it show up in the proper state return. I presume you are doing a non--resident return for the state where this income was earned, right? Also, if you are asking HR about a pay...
by Sidney
Wed Mar 01, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Store Important Documents Online?
Replies: 51
Views: 2718

Re: Store Important Documents Online?

Thanks, everyone, for jumping in with ideas and opinions. I scanned in the wills and "directives" this evening. I will add more documents as I have time. Hard copies of most things will be kept in a simple file cabinet, and the wills and "directives" will be kept in a "fire...
by Sidney
Wed Feb 01, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: If the stepped up basis at death is eliminated....
Replies: 22
Views: 1782

Re: If the stepped up basis at death is eliminated....

LiveSimple wrote:Was thinking about this...

So when the assets are inherited by the estate or heirs, do they not pay the capital gains taxes ?

Generally not if sold about the same time as death. There are exceptions but the basis is stepped up to FMV at time of death so if sold then, the gain is usually minimal.

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