Search found 4740 matches

by TomatoTomahto
Mon May 30, 2016 9:34 am
Forum: Personal Consumer Issues
Topic: Soapbox (car safety features)
Replies: 220
Views: 21486

Re: Soapbox (car safety features)

I use AutoPilot very often. I relax when I use it, but in some sense I'm more vigilant when I'm not focused on keeping my car in its lane and away from the car in front of me. There is a photo of a driver supposedly taking a nap in his Tesla. I want to call BS on that. My car periodically tells me t...
by TomatoTomahto
Mon May 30, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: $1,000 per month personal check. Tax question.
Replies: 34
Views: 3081

Re: $1,000 per month personal check. Tax question.

StevenNJ1 wrote:Also, my 1099 direct deposits through ACH ,,,, will those be already taxed or do I pay taxes at the end of the year on that income?

It really is time for you to understand, and demonstrate in your questions that you understand, the difference between withholding and taxing.
by TomatoTomahto
Sun May 29, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Universal Life Insurance- this one with 50% company match
Replies: 22
Views: 1276

Re: Variable Whole Life Insurance- this one with 50% company match

1. When it comes to insurance, do what ole Meph says. 2. If ole Meph isn't around, if you can't explain the product to a bright 12 year old, don't buy it. I agree with you 100%. However, I am absolutely not interested in the insurance part and am not considering it in my decision. I just look at th...
by TomatoTomahto
Sun May 29, 2016 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Universal Life Insurance- this one with 50% company match
Replies: 22
Views: 1276

Re: Variable Whole Life Insurance- this one with 50% company match

1. When it comes to insurance, do what ole Meph says.
2. If ole Meph isn't around, if you can't explain the product to a bright 12 year old, don't buy it.
by TomatoTomahto
Sun May 29, 2016 11:37 am
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 5079

Re: Which HBO show to watch next?

bw1985 wrote:Ah, bowest originally cited it as beastiality which that is not, no wonder I didn't remember it.

I see it was changed from OMG zoophilia to meh graphic horse nudity. It was less than the former and more than the latter :D
My wife grew up around horses (had one and rode), so she laughed heartily.
by TomatoTomahto
Sat May 28, 2016 9:40 pm
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 5079

Re: Which HBO show to watch next?

I don't like the nudity, sex, bad language and graphic violence on HBO shows. Do they have any excellent shows without all of that? Silicon Valley is for you. It may be the only one. If I'm not mistaken, there's some blue language there also. Well worth it IMO, but . . . graphic zoophilia as well. ...
by TomatoTomahto
Sat May 28, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can we inherit IRAs if not married?
Replies: 20
Views: 1368

Re: Can we inherit IRAs if not married?

I've worn a wedding band for 20+ years, and respected it with all my heart before and after going legal. Anecdotally, I've heard of long-term stable couples who jinxed it by making it formal and legal. If you're winning it now, keep on. :beer I wonder if social conditioning kicks in when it's legal...
by TomatoTomahto
Sat May 28, 2016 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can we inherit IRAs if not married?
Replies: 20
Views: 1368

Re: Can we inherit IRAs if not married?

Our situation was somewhat different, and for us these things mattered: - the portability of the Federal inheritance exemption (or whatever it's called, the thing that lets us leave $10.9M without triggering Federal inheritance taxes) - we have heard that some health facilities don't honor non-spous...
by TomatoTomahto
Sat May 28, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Rebuilding our house for $1.5M: Bad Idea Financially?
Replies: 91
Views: 8019

Re: Rebuilding our house for $1.5M: Bad Idea Financially?

Over the space of 20 years and through a number of renovations, we doubled the SF of our house to 5k SF, added $1M+ in renovations and capital improvements (purchase price ~600k iirc), and when we sell it we will probably make a very small profit. Financially less than stellar, but we had a house we...
by TomatoTomahto
Sat May 28, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Can we inherit IRAs if not married?
Replies: 20
Views: 1368

Re: Can we inherit IRAs if not married?

IANAL, and don't know anything about inheritance rules or taxes, but in our particular case, we decided pretty late in the game that a legal marriage's benefits outweighed the negatives. We were "married" long before we let the government in on the joke, we remain married afterwards, and t...
by TomatoTomahto
Sat May 28, 2016 8:12 am
Forum: Personal Consumer Issues
Topic: Traveling through Albuquerque - safe to stop?
Replies: 40
Views: 2991

Re: Traveling through Albuquerque - safe to stop?

I visit Albuquerque several times a year on family business and I've never worried about safety. On the other hand, I've never watched Breaking Bad so maybe I'm missing something... Well, you're definitely missing something, but nothing to do with safety in ABQ. Breaking Bad is worth watching, even...
by TomatoTomahto
Sat May 28, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: $1,000 per month personal check. Tax question.
Replies: 34
Views: 3081

Re: $1,000 per month personal check. Tax question.

Your pay stub lets you know what your withholding rate is, not what your marginal tax rate is. Don't confuse the two.
by TomatoTomahto
Fri May 27, 2016 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Should a 72 yo renew term life insurance?
Replies: 31
Views: 2222

Re: Should a 72 yo renew term life insurance?

I would tell him to find a hobby or great restaurant that costs $123 per month.
by TomatoTomahto
Fri May 27, 2016 6:01 am
Forum: Investing - Theory, News & General
Topic: Do you own Vanguard actively managed Equity funds?
Replies: 46
Views: 3135

Re: Do you own Vanguard actively managed Equity funds?

I add $75k to PRIMECAP every year; the max we can do, as it's closed to new investors and has limited additional purchases. I own it because it does quite well. How do you add $75k per year? I thought it was limited to $25k/year. I'd love to add more. I double checked, and we bought $106.5 this yea...
by TomatoTomahto
Thu May 26, 2016 5:08 pm
Forum: Investing - Theory, News & General
Topic: Do you own Vanguard actively managed Equity funds?
Replies: 46
Views: 3135

Re: Do you own Vanguard actively managed Equity funds?

I add $75k to PRIMECAP every year; the max we can do, as it's closed to new investors and has limited additional purchases. I own it because it does quite well.
by TomatoTomahto
Thu May 26, 2016 2:31 pm
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 5079

Re: Which HBO show to watch next?

nekiuk wrote:
DrippingSprings wrote:I don't like the nudity, sex, bad language and graphic violence on HBO shows. Do they have any excellent shows without all of that?


Silicon Valley is for you. It may be the only one.

If I'm not mistaken, there's some blue language there also. Well worth it IMO, but . . .
by TomatoTomahto
Wed May 25, 2016 3:57 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 2424

Re: Flying airplanes -lessons

My son is pretty sure that the communications failure was with the guy who screens calls; the actual pilot was happy to have a multi-hour paying customer. That is probably the case. I'm an instructor and I frequently ask for an intro flight (when traveling) to get to an instructor, then I explain t...
by TomatoTomahto
Wed May 25, 2016 3:27 pm
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 2424

Re: Flying airplanes -lessons

Everywhere I have seen is very familiar with people that just want to go for an hour, happens all the time. Just be upfront about it, they may through you to an instructor that isn't looking to snag every person that walks in the door. @sco and @Lucky Lemon, after more than a week of uncooperative ...
by TomatoTomahto
Wed May 25, 2016 9:15 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway always beats SP500
Replies: 50
Views: 4708

Re: Berkshire Hathaway always beats SP500

Why does this sound illegal or something is not right? Who are these people investing in these funds knowing (I guess not knowing) that their returns will be definitely less than index????? I remember someone telling me that he couldn't afford to invest via indexed funds, because he'd waited too lo...
by TomatoTomahto
Tue May 24, 2016 6:29 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway always beats SP500
Replies: 50
Views: 4708

Re: Berkshire Hathaway always beats SP500

BH is basically a 0 expense ratio concentrated quantitative value and private equity mutual fund traded as a stock with a high entry fee (essentially a fund minimum). Manager risk is a huge problem for the future. dont you guys think returning always higher than sp500 in the last 10 years an outlie...
by TomatoTomahto
Tue May 24, 2016 11:42 am
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 3497

Re: How do I invest in artificial intelligence?

Is it bad that my desire to invest in Tesla and Elon Musk recently developed as a result of a dream I had? I am contemplating dropping some money into his companies. Very funny. The Ancient Greeks would have said to go for it. But they did not have a stock market. OTOH under Alexander they did conq...
by TomatoTomahto
Tue May 24, 2016 8:56 am
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 3497

Re: How do I invest in artificial intelligence?

MrKnight wrote:Is it bad that my desire to invest in Tesla and Elon Musk recently developed as a result of a dream I had? I am contemplating dropping some money into his companies.

I had a dream, but bought the Model X instead :beer
by TomatoTomahto
Mon May 23, 2016 9:35 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 400
Views: 70420

Re: "Vanguard converting mutual fund accounts to brokerage?

Uberme, I'm sorry you weren't happy with vanguard; they do seem to have grown a bit faster than support can keep up. For most of us, the good news is that we don't require much support in accounts that are long-standing.
by TomatoTomahto
Mon May 23, 2016 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 47
Views: 3834

Re: Deferred Comp: How long do you trust your company?

I deferred some bonuses and now that I'm retired the deferred comp puts me over the threshold for higher medicare premiums. Just saying plan ahead. I was too risk-averse and too uninformed about deferred comp when the opportunity was presented (to both DW and me, by different companies). We might h...
by TomatoTomahto
Mon May 23, 2016 8:04 am
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 5079

Re: Which HBO show to watch next?

Great topic. Curb is extremely funny, but may not be your style if you weren't a Seinfeld fan. Treme was good, but you have to be in to the slow moving A+ character developing shows to appreciate. Side note: The Wire may be the only show in history where you can make the the comment: "If you d...
by TomatoTomahto
Sun May 22, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 359

Re: Pride in no inheritance to kids?

KlangFool wrote:What do you call people that do not show up for any of their classes?

Waiter!

Sorry, old joke and I couldn't resist. Disclosure: DW was once a waitress and I once drove a taxi, so we've both worked in a service industry and for tips, so no disrespect intended.
by TomatoTomahto
Sun May 22, 2016 8:21 am
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 2424

Re: Flying airplanes -lessons

[snip...]He needs to get employed by one of the aircraft companies. Then he can get his license for next to nothing, as I did. He can pay for his own flying hours, and tbh, has no interest in working for an aircraft company (nothing against them, but he's a college sophomore, rising junior). He jus...
by TomatoTomahto
Sun May 22, 2016 7:16 am
Forum: Personal Consumer Issues
Topic: Flying airplanes -lessons
Replies: 38
Views: 2424

Re: Flying airplanes -lessons

Not intending to hijack this thread (haha, airplane joke), but DS is interested in flying, possibly to the point of getting his license down the road. He's a full-time student, so time slots to fly are few and far between (eg, flying at school means taking an Uber back and forth). Every time he call...
by TomatoTomahto
Sat May 21, 2016 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell Berkshire?
Replies: 24
Views: 2553

Re: When to sell Berkshire?

We used to own some BRKB shares and one BRKA share. We've sold the BRKB shares, but still hold the A. I like knowing that I only hold 1 share of any individual stock. :D
by TomatoTomahto
Sat May 21, 2016 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 3497

Re: How do I invest in artificial intelligence?

Personally, I'm investing in my kid who is studying this. As far as stocks, I don't have any inside scoop that a non-TSM company will be the only winning play; the rising tide will lift many boats.
by TomatoTomahto
Fri May 20, 2016 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 359

Re: Pride in no inheritance to kids?

DW and I are discussing how much to leave our kids, assuming our net worth continues to climb. We disagree on the topic. What is the basis for this disagreement? My spouse and I also have somewhat differing views. She feels that we are "done" giving daughter "gifts" until we die...
by TomatoTomahto
Thu May 19, 2016 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Special Considerations for High Net Worth? Advisor?
Replies: 40
Views: 2422

Re: Special Considerations for High Net Worth? Advisor?

Probably should have stuck with low-8, not mid-8 (I guess 60M is mid-8, and that is not attainable), but tomAto-tomaato. You called? :D I wasn't going to chime in, but since you called, what was said upstream about advisors makes sense. Our net worth is closer to 8 digit than it is to 6, and will b...
by TomatoTomahto
Thu May 19, 2016 3:27 pm
Forum: Personal Consumer Issues
Topic: Tesla X
Replies: 224
Views: 32396

Re: Tesla X

Kevin,

Yes, the 12V outlets and USB ports (2 for data+charge, 4 for charge only) are off when the X is off. The good news is that they put out iPad level power, so you shouldn't need a USB charger in one of the 12V outlets.
by TomatoTomahto
Thu May 19, 2016 12:27 pm
Forum: Personal Consumer Issues
Topic: What do you drive, and why?
Replies: 255
Views: 30287

Re: What do you drive, and why?

My wife drives a 2012 Supercharged Range Rover. She drives it because it gets to fast very quickly and stops very quickly. It is more comfortable than any chair or sofa in our house. Kid #1 drives a 2013 Volvo XC60. Kid #2 drives a 2015.5 Volvo XC60. Both kids drive those cars because Mom and Dad s...
by TomatoTomahto
Thu May 19, 2016 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

My wife's employer makes "Private Banking" available to us, supposedly at a discount. Maybe we should contact them, but I hate to let the camel's nose into the tent. Why not? I used my employer for this kind of thing all the time. They couldn't have been more helpful? Also, it isn't unusu...
by TomatoTomahto
Wed May 18, 2016 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 359

Re: Pride in no inheritance to kids?

Warren Buffett wrote:A very rich person should leave his kids enough to do anything but not enough to do nothing.


DW and I are discussing how much to leave our kids, assuming our net worth continues to climb. We disagree on the topic.
by TomatoTomahto
Wed May 18, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

My idea is different. I suggest you sell your current home first with the option to rent it back from the new owner for, say, 12 months (or 24, whatever you are comfortable with). Place the proceeds in the bank. Then purchase the new home and move. I thought about this, but I think selling our hous...
by TomatoTomahto
Wed May 18, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

One issue is what the market is in your area, and is an offer with financing and even contingencies going to fly?

The market is generally good, but not as good above $2M. I don't think financing would be a big negative, but I would hate to bid with a contingency.
by TomatoTomahto
Wed May 18, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

Our current home is Zillow-valued at $2.3M. We are looking at houses in the $1.8M to $3.6M range. I'm looking lower; DW is looking higher. I thought we'd be incurring unnecessary costs for a mortgage I hope to not have for more than a few months. You seem opposed to the recast idea because you plan...
by TomatoTomahto
Wed May 18, 2016 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

I would first get a Heloc. If that is insufficient to provide a deposit for the new home, I would get a margin loan (sized so that another 50% drop wouldn't force you to sell out of your taxable when the market is down). Also, I know Wells offers jumbo mortgages that will allow you to recast once a...
by TomatoTomahto
Wed May 18, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

I would first get a Heloc. If that is insufficient to provide a deposit for the new home, I would get a margin loan (sized so that another 50% drop wouldn't force you to sell out of your taxable when the market is down). Also, I know Wells offers jumbo mortgages that will allow you to recast once a...
by TomatoTomahto
Wed May 18, 2016 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

Maybe I am missing something, but why not take a mortgage out for the new house and then pay it off when you have the proceeds from the old house? You may have to use cash to fund a 20% downpayment, but if you find a mortgage that has no prepayment or early payoff penalty then you should be able to...
by TomatoTomahto
Wed May 18, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

My wife's employer makes "Private Banking" available to us, supposedly at a discount. Maybe we should contact them, but I hate to let the camel's nose into the tent. Why not? I used my employer for this kind of thing all the time. They couldn't have been more helpful? Also, it isn't unusu...
by TomatoTomahto
Tue May 17, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Re: Financing a move from one house to another

Thanks NightFall, Our capital gains aren't huge, but enough. I'm most worried about being overly long real estate (heck, we don't even own REITs) and low on cash (the schools expect their tuition whether we're buying a house or not). I'm surprised that they threw so many bumps in your road. Your col...
by TomatoTomahto
Tue May 17, 2016 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 1808

Financing a move from one house to another

We are looking for a new house, and will probably buy one in 1-24 months. We don't want to throw away our "no rush" benefit, so we're waiting until we find a house we really prefer to our current house. Planning ahead, I want to know how to finance the move. I expect that we will buy befor...
by TomatoTomahto
Tue May 17, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: College - In state - Children staying close to parents
Replies: 54
Views: 2676

Re: College - In state - Children staying close to parents

Yeah, clearly the level of communication seems different. I probably talked to my parents once a week, at most, during my freshman year of college and even less after that. Me too... Different today with cell phones and social media. My daughters text or call my wife almost every single day. (That ...
by TomatoTomahto
Tue May 17, 2016 8:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Issues
Replies: 81
Views: 6123

Re: Vanguard Customer Service Issues

My son had made an excess contribution to his Roth. His phone call (yesterday) was answered promptly, the CSR asked him a few questions, and he was done. If anything gets mishandled down the road, I will update.
by TomatoTomahto
Tue May 17, 2016 6:52 am
Forum: Personal Consumer Issues
Topic: College - In state - Children staying close to parents
Replies: 54
Views: 2676

Re: College - In state - Children staying close to parents

We're thinking about keeping number one son closer for other reasons. He'll start college as a 17 year old freshman and won't turn 18 until his first semester is nearly over. Even though he's a very mature young man and has never given us one bit of trouble, I'm a little reluctant to send him out i...
by TomatoTomahto
Tue May 17, 2016 6:29 am
Forum: Personal Consumer Issues
Topic: College - In state - Children staying close to parents
Replies: 54
Views: 2676

Re: College - In state - Children staying close to parents

Is it possible to stay in state and also gain independence? It depends on what state you live in. In California, you could send your kid to college at the other end of the state and he/she will probably become more independent. But if you live in Rhode Island and send your kid all the way to south-...
by TomatoTomahto
Mon May 16, 2016 5:56 pm
Forum: Personal Consumer Issues
Topic: College - In state - Children staying close to parents
Replies: 54
Views: 2676

Re: College - In state - Children staying close to parents

greg24 wrote:Yes, going to school in-state raises their chances of remaining in-state after graduation. But only to a degree.

:sharebeer wordplay and true.

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