Search found 961 matches

by Tamales
Fri Mar 24, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: So why exactly is everyone gloomy about bonds?
Replies: 20
Views: 1679

Re: So why exactly is everyone gloomy about bonds?

If your question is why are people afraid of interest rates going up, they shouldn't be because interest rates going up some is a salvation for savers. The chances going up means a repeat of the late seventies and early eighties is exceedingly remote. Can you explain that? When I think of "the...
by Tamales
Fri Mar 24, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 283
Views: 35238

Re: What is your favorite consumer product?

Boar's Head deli meats have to be right up there.
Especially for an inverse "wish sandwich" (Blues Brothers reference)
by Tamales
Thu Mar 23, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: How to know if someone has filed your tax returns fradulently?
Replies: 22
Views: 1672

Re: How to know if someone has filed your tax returns fradulently?

I would assume the IRS does a basic check on whether all the 1099 and other forms they have received for your SSN matches up with what was filed, before they accept the return. But maybe they don't. No, not even close. Cross checking of returns with W-2 and 1099 data takes place months later. Refun...
by Tamales
Thu Mar 23, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: How to know if someone has filed your tax returns fradulently?
Replies: 22
Views: 1672

Re: How to know if someone has filed your tax returns fradulently?

Taxslayer's website has a handy list of common IRS reject codes , what they mean, and what to do about them. The second one on their list is: Reject Code: R0000-902 The IRS is stating that they have already processed and accepted a Federal return for the current year with the Primary Taxpayer's SSN...
by Tamales
Tue Mar 21, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Taxact-2017-Plus pre-order $60? (download version)
Replies: 7
Views: 312

Taxact-2017-Plus pre-order $60? (download version)

According to this: https://www.taxact.com/tax-preparation/ $60 PLUS $10 to file state so $70 total. I haven't filed for 2016 yet but I pre-ordered Taxact 2016 Plus for $24 last year, and I'll have to pay $10 more when I file state, so $34 total. They seem to be doubling the price for 2017? Or maybe ...
by Tamales
Mon Mar 20, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Yearly Income needed in Retirement (Speculation)
Replies: 194
Views: 20803

Re: Gross Yearly Income needed in Retirement (Speculation)

The average retired household in 2011 spent $38K, of which $26K came from Social Security and other pensions. Note that only $3K came from passive income sources, listed as "interest, dividends, rental income, other property income." http://www.bls.gov/cex/2011/Standard/occup.pdf Here's t...
by Tamales
Mon Mar 20, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Salary / employment verification
Replies: 25
Views: 1843

Re: Salary / employment verification

As we discuss often here, income means very little without knowing expenses. You could have a 6 figure income and live paycheck to paycheck. They shouldn't be allowed to ask open-ended questions on personal information. If they have some silly qualification threshold in mind, they should just ask, i...
by Tamales
Sun Mar 19, 2017 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Taxact: How to file an attachemnt, not just notes
Replies: 2
Views: 272

Re: Taxact: How to file an attachemnt, not just notes

Yep you're right. I can provide it if asked. I think I'll go with that answer.
by Tamales
Sun Mar 19, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Taxact: How to file an attachemnt, not just notes
Replies: 2
Views: 272

Taxact: How to file an attachemnt, not just notes

I'm not sure I'm doing this right. Hoping someone can advise. In Taxact's "forms view," I click on the line number where I want to include an attachment with my filing (this is for state taxes but it seems to work the same way for federal) and a selection pops up to include "notes&quo...
by Tamales
Sat Mar 18, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: Looking for a snazzy car
Replies: 79
Views: 4095

Re: Looking for a snazzy car

I'm sure the GTI is a great car but I just don't like the hatch look. Miata's are great but stereotypically are chick cars and old man cars. My 60 year old father loves his. :wink: Yeah, the Fiat might be an alternative but not necessarily to be recommended. Real men would probably be in a Corvette...
by Tamales
Fri Mar 17, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Quiet Bedroom overhead fan
Replies: 25
Views: 1390

Re: Quiet Bedroom overhead fan

I've had fans that only make noise (not counting "wind noise" which is unavoidable at higher speeds) or wobble slightly on some speeds but not others. You balance it for that one speed and the wobble just moves to a different speed. So I just balance it for the speeds I'm most likely to us...
by Tamales
Thu Mar 16, 2017 11:42 pm
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 19
Views: 1148

Re: How to know if power is cut to smoke detector

The smoke detectors should be on their own, independent circuit. Cutting all the lights would likely do nothing. Try removing the backup battery and then plug it in. Does it throw a short "beep"? They may or may not be on a dedicated circuit (experts argue it both ways). But usually all t...
by Tamales
Mon Mar 13, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5706

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Agency bonds are also looking pretty good, even for noncallables, with it being a few bp less than the very BEST broker CDs. Any fund in particular you had in mind? I just did a quick exercise backtesting AGZ (iShares agency bond ETF) with a portfolio of VWIUX (Vanguard intermed tx exempt) and a 2....
by Tamales
Mon Mar 13, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Form 1098 (Mortgage interest) discrepancy
Replies: 4
Views: 269

Re: Form 1098 (Mortgage interest) discrepancy

DSInvestor wrote:Is the number on the second 1098 roughly the amount of your loan balance when the loan was sold to the second company?


Yes, seems to be in the right ball park for that.
by Tamales
Mon Mar 13, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Form 1098 (Mortgage interest) discrepancy
Replies: 4
Views: 269

Re: Form 1098 (Mortgage interest) discrepancy

Anyone have a view on this?

I'm not sure what the IRS does with the balance info, if anything.
by Tamales
Sun Mar 12, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1098 (Mortgage interest) discrepancy
Replies: 4
Views: 269

Form 1098 (Mortgage interest) discrepancy

If you receive two Form 1098's (due to loan being sold during 2016), and the numbers in box 2 ("Outstanding mortgage principal as of 1/1/16") are different, does that matter?
Is box 2 used for anything and the IRS needs to receive a corrected 1098?
by Tamales
Sun Mar 12, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Everbank 2.3% CD (strange terms)
Replies: 3
Views: 447

Re: Everbank 2.3% CD (strange terms)

They probably do not need to set the rate that high, but they have chosen to do so Could be, but when they put a rate-setting policy in writing, and give the CD a special name per that policy even as non-transparent as it is, I'd expect them to follow it. It seems like a form of bait and switch sin...
by Tamales
Sun Mar 12, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Diversify Your Emergency Fund?
Replies: 17
Views: 703

Re: Diversify Your Emergency Fund?

2 is probably fine. Bank websites can go down for unexplained reasons/durations but the odds of 2 banks going down at the same time, and at the exact time you need emergency access, is pretty slim.
by Tamales
Sun Mar 12, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Everbank 2.3% CD (strange terms)
Replies: 3
Views: 447

Everbank 2.3% CD (strange terms)

Everbank has a 5 year 2.30% "Yield pledge CD." I do not currently have an account there. Their "pledge" is to always offer in the top 5% subject to this fine print: "EverBank promises that the yield on your account at the time you open, renew, or roll your expiring CD into a...
by Tamales
Wed Mar 08, 2017 4:59 pm
Forum: Investing - Theory, News & General
Topic: Every 40-yr returns curve of the S&P500 since 1870 graphed
Replies: 40
Views: 3926

Re: Every 40-yr returns curve of the S&P500 since 1870 graphed

:arrow: Conclusions: 1. Don't even think of stocks for less than 10 years. 2. More than 20 years, stocks are the way to go. 3. Between 10 and 20 years is the tricky part. 4. There is still a wide range of outcomes, like 10 to 1 or greater. There are all sorts of problems with drawing conclusions fr...
by Tamales
Tue Mar 07, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Can a cordless Reciprocating Saw do the job of a small chainsaw?
Replies: 30
Views: 1665

Re: Can a cordless Reciprocating Saw do the job of a small chainsaw?

I've used battery powered recip saws for years in cutting down or trimming dozens of trees. There are 9" and 12" "pruning blades" with 4 or 5 TPI (teeth per inch) that work well (the blades are about $3 each in 3-packs). I seldom use the 12" but they are available. You just ...
by Tamales
Mon Mar 06, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: Car engines. Turbo vs no turbo
Replies: 68
Views: 4680

Re: Car engines. Turbo vs no turbo

Both turbocharged and supercharged engines are becoming pretty standard across all engine sizes. Direct injection is also becoming pretty common for fuel efficiency reasons. But it can also have its downsides with carbon buildup, which can be pricey to get cleaned on forced induction engines. I just...
by Tamales
Sun Mar 05, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley vs ALLY savings acct: from TAX perspective . . .
Replies: 19
Views: 2222

Re: Wellesley vs ALLY savings acct: from TAX perspective . . .

Thanks @KlingKlang, I would think a tax managed balanced fund is exactly what I'm looking for. A quick search on Vanguard came up with: Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) I see the bond duration is 5.2 instead of 6.6 in: Vanguard Wellesley® Income Admiral™ VWIAX I had been co...
by Tamales
Sat Mar 04, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchasing Program
Replies: 19
Views: 1108

Re: Employee Stock Purchasing Program

The plan documents are sometimes loose with language, and "sell immediately" can mean a couple days later, a week later, etc. If your company has employees in other countries, there are different rules they have to abide by (I believe some countries require "immediate" sale, but ...
by Tamales
Thu Mar 02, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: Excel challenge: axis min and max to automatically scale
Replies: 20
Views: 1212

Re: Excel challenge: axis min and max to automatically scale

Good question. I guess I've just gotten used to manually setting the scale limits. I presume you already saw this: http://peltiertech.com/link-excel-chart-axis-scale-to-values-in-cells/ But that's probably more of a pain than the couple clicks to manually adjust it. It doesn't seem like you would be...
by Tamales
Thu Mar 02, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: RSU + Autosale for taxes
Replies: 17
Views: 1049

Re: RSU + Autosale for taxes

In our experience, when the RSUs are never given to a broker who you tell to sell, i.e., you have given a sell-on-vesting order to your employer and the shares are handled without additional processing on your part, all of the financials will be on your W2. There should be no capital gains, just ea...
by Tamales
Wed Mar 01, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Taxes going up for some in 2017
Replies: 46
Views: 4944

Re: Social Security Taxes going up for some in 2017

This took me a while to find, but here's the calculation process (set by law a long time ago) for the social security maximum for a given year:

https://www.ssa.gov/oact/cola/cbbdet.html
by Tamales
Wed Mar 01, 2017 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Taxes going up for some in 2017
Replies: 46
Views: 4944

Re: Social Security Taxes going up for some in 2017

guys relax people who make more than 118,500 is less than 1% of the population anyway If I make more than $118500 this year, I will be fine with the tax. I will be extremely luckly to make that much. $118,500 is not the 99+ percentile. The above ssa links say that threshold represents 6%, but this ...
by Tamales
Tue Feb 28, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Brokerage accounts with linked external bank account access for instant transactions?
Replies: 4
Views: 503

Re: Brokerage accounts with linked external bank account access for instant transactions?

Thanks for the replies. So it sounds like this process of external linked accounts,relative to a Vanguard brokerage account, works well including for ETF purchases like VTI. Triceratop mentioned a reluctance to try this with a Merrill Edge account because the transfer times seem too long, and that i...
by Tamales
Tue Feb 28, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Brokerage accounts with linked external bank account access for instant transactions?
Replies: 4
Views: 503

Brokerage accounts with linked external bank account access for instant transactions?

I'm moving a discussion I started in another thread to this separate thread. On that other thread, I asked: Clarification please: If I'm interpreting some of the replies (from mhc and *3!4) correctly, I was not aware of this: Are you saying that if you have an Ally savings account, then in your Vang...
by Tamales
Tue Feb 28, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1764

Re: Vanguard Money Market Question

Thanks for the replies. I'm going to start a new thread on this so I don't further hijack this one.

Here's a link to the new thread: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=212400
by Tamales
Tue Feb 28, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1764

Re: Vanguard Money Market Question

Clarification please: If I'm interpreting some of the replies (from mhc and *3!4) correctly, I was not aware of this: Are you saying that if you have an Ally savings account, then in your Vanguard brokerage account you set up some link to that Ally account, and after that link is in place (perhaps i...
by Tamales
Mon Feb 27, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Russell 2500 fund?
Replies: 1
Views: 250

Russell 2500 fund?

In my retirement portfolio, based on limited choices, I emulate a total stock market fund using an sp500 fund plus a Russell 2500 fund (but it has no public ticker). For total return tracking purposes since I can't get direct quotes on the R2500, I had been using VPSIX which apparently ceased operat...
by Tamales
Mon Feb 27, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Total tax-deferred savings amounts, growth (looking for US stats)
Replies: 3
Views: 355

Re: Total tax-deferred savings amounts, growth (looking for US stats)

livesoft wrote:This might help:
https://www.ici.org


Thanks livesoft. Going by their footnote stating they cobbled together data from multiple sources like the IRS, Dept of Labor, and various private sector sources, there must not be any federal agency tasked with compiling such data or they'd be using it.
by Tamales
Sun Feb 26, 2017 11:31 pm
Forum: Investing - Theory, News & General
Topic: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendations?
Replies: 33
Views: 3971

Re: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendation

I didn't read the whole thread but Vanguard Tax-Managed Balanced Fund (VTMFX) has only a fraction of a percent in international stock and no international bonds. It had a 100% QDI for 2016.
by Tamales
Sun Feb 26, 2017 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Tax breaks for 2016, by category totals
Replies: 2
Views: 490

Tax breaks for 2016, by category totals

This morning I read an article with the following info about the total of tax breaks for individuals in various categories, for 2016: RETIREMENT SAVINGS (DC and DB): $180 billion (the biggest tax break for individuals). EMPLOYER-PROVIDED HEALTH INSURANCE: $155 billion. CAPITAL GAINS AND DIVIDENDS: $...
by Tamales
Sun Feb 26, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Total tax-deferred savings amounts, growth (looking for US stats)
Replies: 3
Views: 355

Total tax-deferred savings amounts, growth (looking for US stats)

I assume there must be a statistical compilation of tax deferred savings (total, and across various categories 401k, IRA, I-bonds, etc) and historic data.
Does anyone know where I'd find this (some gov't agency must be tasked with this)?
by Tamales
Sun Feb 26, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5413

Re: Check Your Beneficiaries!

On a side note: Has anyone ran into issues with naming beneficiaries when you don't know said person's ssn? I have a few I'd like to list, but don't want to alert and don't feel comfortable asking for the ssn. This seems to be more of a trend with most places I have investments in. Yes, I do. Some ...
by Tamales
Sat Feb 25, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Another milestone post
Replies: 29
Views: 1595

Re: Another milestone post

Congrats!
Now I have to ask, since a 60/40 portfolio (of US investments, which might not be the case) would have only returned roughly half your 25% increase over the past 27 months, are you invested in "alternative investments" of some type, or maybe used options or leverage?
by Tamales
Fri Feb 24, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: "The Impending Fiduciary Armageddon Of (Most) Mutual Fund Share Classes" by Michael Kitces
Replies: 8
Views: 1733

Re: "The Impending Fiduciary Armageddon Of (Most) Mutual Fund Share Classes" by Michael Kitces

At the risk of pointing out the obvious: it doesn't affect no-load funds in general, and Vanguard funds in particular. I did get one insight. Before reading the article, I never could quite figure out why the investment industry was so up in arms about the fiduciary rule: But in a fiduciary world, ...
by Tamales
Fri Feb 24, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5413

Re: Check Your Beneficiaries!

Does anyone who uses Merrill Edge know how to set up beneficiaries on a CMA account (non-tax-advantaged)? The form on their website seems to not apply. Vanguard used to allow setting this up easily. When logged in to your account, type transfer on death agreement in the search box. It's 8 page form...
by Tamales
Thu Feb 23, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Drones in arizona
Replies: 39
Views: 3385

Re: Drones in arizona

lthenderson wrote:A quick google search lists many ways to build devices to hack and take over annoying drones.

All of which are illegal.
by Tamales
Wed Feb 22, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Drones in arizona
Replies: 39
Views: 3385

Re: Drones in arizona

I get the disturbing the peace point, but if you peruse youtube there are some stunning drone videos--of places I'd never otherwise get to see, and from a completely different aerial perspective even if I were able to go there as a hiker. Maybe a compromise would be to allow drones 1 day a month in ...
by Tamales
Wed Feb 22, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 25
Views: 1865

Re: How to report 1099B cost basis discrepancy on non-covered shares?

Thanks Kaneohe. Agree it's like raising a 'please audit me' flag. I recall calling Schwab about a basis discrepancy for past year taxes, and they said not to worry about correcting it in their records since it's not being reported to the IRS. No mention of this fine print. And my tax software didn't...
by Tamales
Wed Feb 22, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 25
Views: 1865

Re: How to report 1099B cost basis discrepancy on non-covered shares?

[............................................ Not completely. You can ignore the 1099B cost basis and use your own records, but you have to inform the IRS that you did that. Now the question is how. I use H&R Block for my tax software. In the software, for each capital sale there are 2 question...
by Tamales
Tue Feb 21, 2017 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock purchase plan and same day sale (tax treatment)
Replies: 5
Views: 419

Employee stock purchase plan and same day sale (tax treatment)

If you participate in an ESPP and sell as soon as you are able to (not necessarily same day), as a disqualifying disposition, how does your employer handle it on your paychecks? Are any taxes withheld, or does your employer just add the difference between the sale price and purchase day price (presu...
by Tamales
Tue Feb 21, 2017 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 56
Views: 4736

Re: Is 60/40 too conservative for 31 year old?

One point that no one has made is that saving $70k a year is only good if your annual living expenses are well below that.
by Tamales
Mon Feb 20, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Muni Bond Funds: state-by-state breakout (for tax purposes)
Replies: 1
Views: 297

Muni Bond Funds: state-by-state breakout (for tax purposes)

Just to save forum members some time in searching for the 2016 weightings by state for muni bonds, here are a few links: Fidelity: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/tax-exempt-dividends-retail-institutional_2016.pdf Vanguard: http://www.vanguard.com/pdf/ASBST_012017....
by Tamales
Sun Feb 19, 2017 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Any VWIUX (intermed. tax exempt) holders checked your 1099?
Replies: 3
Views: 469

Re: Any VWIUX (intermed. tax exempt) holders checked your 1099?

I figured out what they did. There was a dividend with a 1/3/17 trade date and settlement date that is on my January statement that matches the amount I'm off by. Why would they include that in 2016 dividends? My January 2017 statement shows it in the January dividend summary and also in the 2017 YT...

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