Search found 94 matches

by diy60
Sat Dec 16, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone putting money aside into Gold?
Replies: 54
Views: 2804

Re: Is anyone putting money aside into Gold?

I have been taking great interest in gold recently and gold mining companies... Has anyone else considered this? I have had a fairly high proportion of my savings in gold since the 1970's. In my opinion, gold mining stocks are for masochists. I think physical gold is reasonably priced at present. H...
by diy60
Thu Dec 14, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Transcripts for 1040 filing from the 1970s ?
Replies: 8
Views: 951

Re: Transcripts for 1040 filing from the 1970s ?

OP here, I hadn't thought of requesting from SS, thanks for the suggestion. Interestingly, my estimate I get from SS every year doesn't show any earnings for the years I'm interested in (1972 to 1977).
by diy60
Wed Dec 13, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Transcripts for 1040 filing from the 1970s ?
Replies: 8
Views: 951

Transcripts for 1040 filing from the 1970s ?

Has anyone ever requested and received 1040 tax filing transcripts from the IRS dating as far back as say the mid 1970s? If so, did the transcripts include W2s? I may be eligible for a pittance of a pension from a MegaCorp, but the company is claiming no records of my employment.
by diy60
Tue Dec 12, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 57
Views: 4951

Re: Any of you trade just a little as a hobby?

I will buy a stock once in a blue moon based on life's experiences, which usually results in a purchase once every 5 years or so. Certainly not a hobby. e.g. February 2016 I was stuck in traffic across from 2 gas stations when I noticed gasoline was $0.99/gal. The last time I could remember paying l...
by diy60
Mon Dec 11, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 7745

Re: Done gone and did it [Retire]

As far as plans, I intend to up the amount of time allotted for reading. I also have a few projects in mind to investigate. Congratulations, I read all of your posts. I hoping you next project is "how to maximize brokerage bonus while implementing a Roth horse race and re characterization strategy"...
by diy60
Mon Dec 11, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 2790

Re: Early Retirement - Lump Sum vs. Annuity

I recently retired from a MegaCorp that had similar options, and few extra options thrown in for good measure as well. The MegaCorp pension trust administrator provided a "relative value" analysis for all of the various options compared to that of the single life annuity option. All options were wit...
by diy60
Sun Dec 10, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 23
Views: 1265

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

LIFO? Referencing the 2nd question in your title, I don't know about VG, but Fidelity's default is FIFO. This works fine for me since I only trade/balance once or twice a year and rarely TLH. I look at the purchase lot history of a fund and then decide what dollar amount to sell to stay within long...
by diy60
Tue Dec 05, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: How many security Camera's
Replies: 15
Views: 1355

Re: How many security Camera's

A couple of real world examples to think of (happened to my neighbor and also to a close friend); 1) residential camera mounting locations were within reach. Bad guys came up behind the cameras and knocked them out of alignment. 2) bad guys unplugged the NVR unit accidentally when stealing some othe...
by diy60
Sun Dec 03, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401k in plan rollover vs. mega backdoor Roth
Replies: 15
Views: 975

Re: 401k in plan rollover vs. mega backdoor Roth

I always roll mine out, even though MegaCorp now has in-plan rollover. There's no real advantage other than possibly better protection. With the external distribution you can split the rollover into pre and post tax, which isn't an option for the internal. Ditto here as well, except I've recently r...
by diy60
Sun Dec 03, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Yubikey questions
Replies: 17
Views: 1663

Re: Fidelity Yubikey questions

Once is enough to change the email address, password, and disable 2FA. No, you have to call in (and hopefully get past voice verification) to disable 2FA. +1 pertaining to Fidelity, but I think I've seen in other threads Vanguard customers can disable 2FA online, which may be why the Fidelity scena...
by diy60
Sat Dec 02, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Yubikey questions
Replies: 17
Views: 1663

Re: Fidelity Yubikey questions

I'm a bit confused on the reason to use Symantec's product as it's not that good for multi-factor. Just enabling Fidelity's two-factor authentication with your cellphone is as good as Symantec's service. Certainly not my area of expertise, but please explain/clarify why you believe Symantec VIP is ...
by diy60
Thu Nov 30, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9657

Re: Which crash have you seen it before it is coming?

I liquidated all of my investments around Oct 2007 due to personal reasons and dumb luck, about 1M at the time. I could have been golden, however the problem was getting out was a lot easier than getting back in. Took a few years to get back in. It was probably a wash for me, or even few hundred tho...
by diy60
Tue Nov 28, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Question
Replies: 19
Views: 1539

Re: Social Security Calculation Question

<snip...> Also, you're using the the term "reduced" in a manor in which it is not typically used when discussing SSI. It's not "SSI", but it is SS. SSI is a separate program, run by each state but supported by the federal government to give income to those who have never worked due to being aged, b...
by diy60
Tue Nov 28, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Broker account security compendium thread
Replies: 28
Views: 1990

Re: Broker account security compendium thread

. . . the attacker conveniently has access to the VIP app as well, which again makes it kind of useless (they can use it to disable 2FA after recovering the account). . . . You have to call Fidelity to have the Symantec VIP token removed from your account on their servers. If you delete the app fro...
by diy60
Tue Nov 28, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Broker account security compendium thread
Replies: 28
Views: 1990

Re: Broker account security compendium thread

I use Symantec VIP, the only down side I see is you do not need to sign on when you open the VIP app. I know this would be another nuisance, but I would like the option of locking the app with a password. Also, you need to put a different Symantec VIP token on your spouse's phone if you have linked ...
by diy60
Mon Nov 27, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Question
Replies: 19
Views: 1539

Re: Social Security Calculation Question

Are these numbers for taking it at 62? Because they seem to be quite low if you are taking it at your FRA. It should be close to or more than about 3000 per month at FRA when you have had maximal wages. I didn't see a clear statement on this. It looked to me, since I'm now 62 years old and eligible...
by diy60
Sun Nov 26, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3470

Re: Let Go by MegaCorp - Lots of options

As a side note, in order to get a severance package you will likely need to sign heavily one-sided documents in which you agree to notify the MegaCorp if you gain employment so they could stop the severance pay and benefits, and you agree to not collect unemployment. This is because technically you...
by diy60
Sun Nov 26, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3470

Re: Let Go by MegaCorp - Lots of options

I worked for a MegaCorp and had fears of being laid off in my early 50's especially during the Great Recession. Thankfully I was never RIF'd in my career, but had decided if I was impacted I would look for another position within the MegaCorp. I felt this would have been best for No. 1 (me). As a si...
by diy60
Sun Nov 26, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Merrill Lynch wants personal info--How to deal
Replies: 33
Views: 3319

Re: Merrill Lynch wants personal info--How to deal

MN Finance wrote: Stop being conspiracy theorists and just give them the info they're requesting. If you are difficult it just will delay all the front line people with no power from processing your requests thru their normal channels. That delay costs you money and the joke is on you. Nose, face. ...
by diy60
Fri Nov 24, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it possible to negotiate a layoff?
Replies: 22
Views: 2267

Re: Is it possible to negotiate a layoff?

I tried to talk my manager into laying me off, but he said no. I had pretty persuasive arguments but he would not bite. Hilarious, as I am similarly confused by the original question! Since when is humor is allowed in the boglehead forum?? Be careful or you will be "moderated" to the abyss. I am se...
by diy60
Mon Nov 20, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 45
Views: 2950

Re: service life of (walk behind) lawn mower?

I am beyond frugal in somethings, one of those being lawn mowers. Used to buy all my mowers via garage sales from $5 to $15 each. 20 years ago I bought a new one, but I've replaced quite a few wear parts including rebuilding the engine. Deck is about to wear out so time to buy a new mower, or maybe ...
by diy60
Sun Nov 19, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Schwab acct. security tool
Replies: 22
Views: 1544

Re: Schwab acct. security tool

I just wish there was an option to sign to the Symantec VIP mobile app each time it is opened rather than immediately displaying the 30 sec code. I know someone would need to know my account ID & password as well as my phone lock screen password, but I just find it strange there is no password optio...
by diy60
Sun Nov 19, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: MegaCorp Equity.....income or savings?
Replies: 6
Views: 515

Re: MegaCorp Equity.....income or savings?

I count RSU vesting events as income, sell on vest, and invest according to my IPS. Once they have been turned into cash, they are no different than any other fungible cash income. Before they have vested, they don't count. Thanks. So far I've just kept the vested RSUs in the account, mainly to jus...
by diy60
Fri Nov 10, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401K to IRA rollover
Replies: 10
Views: 695

Re: 401K to IRA rollover

Yes, I have checked with the 401k admin and withdrawing the money is allowed once a year. I can request the withdrawal for the rollover to IRA Sounds like they don't know what they are talking about. Right, they can't allow something against the law. Unless these are after-tax non-Roth contribution...
by diy60
Fri Nov 10, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: NUA (Net Unrealized Appreciation) and Tax Returns
Replies: 9
Views: 535

Re: NUA (Net Unrealized Appreciation) and Tax Returns

Some of my former work colleges went the NUA route. I seem to recall the following key points: - Qualifying trigger events are separation from service, disability, 59.5, or death. - You need to take a qualifying lump sum distribution by the end of your LSD year. (keep in mind "qualifying" does not m...
by diy60
Fri Nov 10, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Maximizing use of electrician - outlet repair/upgrades
Replies: 20
Views: 1493

Re: Maximizing use of electrician - outlet repair/upgrades

UPDATE: Problem solved. While checking the GYI outlets to see if they might have tripped, I noticed that a "light switch" on the bedroom wall was in the down position. We never use that switch so I generally don't pay much attention to it. But for kicks, I flipped it in the up direction and the dea...
by diy60
Sun Nov 05, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Quarterly Tax Payments vs. Withholding
Replies: 8
Views: 758

Re: Estimated Quarterly Tax Payments vs. Withholding

Gill wrote:
Sun Nov 05, 2017 9:27 pm
You don’t want withholding on the Roth conversion because it reduces the ability to convert the full amount to the Roth.
Gill
I was thinking I could make up the difference from my taxable account. I guess I've got a lot to learn.
by diy60
Sun Nov 05, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Quarterly Tax Payments vs. Withholding
Replies: 8
Views: 758

Estimated Quarterly Tax Payments vs. Withholding

2018 will be my 1st full year or retirement so I'm trying to plan ahead. I have a question on 2018 withholding vs. estmated quarterly tax payments. I've been reading quite a few threads on the strategy to use RMDs withholding at the end of the year to satsify IRS taxes for that year (withholding dee...
by diy60
Sun Nov 05, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3334

Re: I can take $15k out of my trad IRA with no taxes - should I?

NOTE: You can also do the above via the usual "same trustee transfer" method where the net less withholding does not come to you as a check but is directly converted to the Roth. Then you must replace the withheld amount with other funds within 60 days to complete the conversion. While this is gene...
by diy60
Thu Oct 26, 2017 4:15 pm
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4000

Re: Credit card companies forgiving debt after death?

In my state, state law clearly spells out the executor must act as a fiduciary to protect the assets for the benefit of the heirs. It further specifies the fiduciary is prohibited from paying barred claims (e.g. claims not file in a timely manor). Paying the barred claims would be against state law,...
by diy60
Tue Sep 19, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Home energy monitoring
Replies: 40
Views: 5435

Re: Home energy monitoring

30 years ago I jury-rigged a 25 cent analog clock in series with a 240v normally open relay on specific electrical devices (water heater, AC, furnace, etc.) and recorded daily electric consumption over several weeks (Note: This is not something anyone should attempt without a working knowledge of el...
by diy60
Tue Aug 22, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Eclipse Traffic: predictions vs reality?
Replies: 64
Views: 5276

Re: Eclipse Traffic: predictions vs reality?

We saw the total eclipse in Nashville. Traffic was heavy but not unbearable. I'd label it similar to peak summertime travel to/from the NC beaches. We lucked out with the eclipse. We elected to view the eclipse at our hotel by the airport rather than fight the crowds downtown or at the parks. Clouds...
by diy60
Wed Aug 09, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: Time to leave our dentist??
Replies: 54
Views: 6778

Re: Time to leave our dentist??

I had great confidence in my dentist, who recently retired. He was very non-aggressive, to the point I had some concern over a couple of not treated areas. He retired and the new dentist who took over was appalled some of the areas were not corrected. I went through about 4 different visits to get t...
by diy60
Fri Aug 04, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: Survey ate some of my property....
Replies: 25
Views: 2389

Re: Survey ate some of my property....

1st lookup your property tax info from your county auditor website. There will likely be a very basic drawing showing the lot lines, building lines, easements, etc. This will be your starting point. Next lookup your deed on your county recorder website. This will have a legal survey description. You...
by diy60
Mon Jul 31, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Limited Equities and Options Account following separation from MegaCorp?
Replies: 0
Views: 164

Limited Equities and Options Account following separation from MegaCorp?

I manage all of my investment portfolio. Recently I separated from a MegaCorp. While in service, the company sets up an account with a global securities firm for all eligible employees for the deposit and vesting of RSUs and company stock options. The account is a "limited account for company equiti...
by diy60
Thu Jul 13, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 8398

Re: Do you consider business travel to be a perk or a burden?

I traveled extensively while employed by a MegaCorp. It was a lot of fun at first when I was younger, had more energy, and most of the travel was domestic US. But then it evolved into a “grind" near the end of my work career when my MegaCorp employer like most others, transitioned to international g...
by diy60
Wed Jul 05, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, RSUs Vesting and Roth IRA contribution
Replies: 5
Views: 673

Re: Retired, RSUs Vesting and Roth IRA contribution

Interesting scenario. I'm not sure of the answer, but I have a couple questions that I think are relevant. Were you receiving paychecks from the company this year, and will be getting a 2017 W2? Were you subject to accelerated vesting of RSUs this year, regardless of the retirement package? If you ...
by diy60
Sun Jul 02, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: People who receive employer 401k contributions, how is it accounted on paystubs?
Replies: 28
Views: 2535

Re: People who receive employer 401k contributions, how is it accounted on paystubs?

Employer 401k contributions are not listed on my pay stub. Employer contributions show up on my pay stub. But the amount is not included in income. It also shows up on my W2. I can reconcile my contributions + employer contributions + employer safe harbor contribution with my 401k totals. My employ...
by diy60
Sat Jul 01, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, RSUs Vesting and Roth IRA contribution
Replies: 5
Views: 673

Retired, RSUs Vesting and Roth IRA contribution

I just recently retired from a Megacorp with a generous policy for retirees relative to RSUs. All of my remaining RSUs will vest on the next regularly scheduled vesting date in 2018. I have a small pension, but no W2 income, and I'm not planning to start SSI for a few more years. I would like to mak...
by diy60
Wed Jun 28, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Reporting for In-Plan Conversion of After-Tax 401k Contributions to Designated Roth 401k
Replies: 9
Views: 805

Re: Tax Reporting for In-Plan Conversion of After-Tax 401k Contributions to Designated Roth 401k

One Ping said: I am considering making an in-plan conversion of my 401k after-tax contributions to a designated Roth 401k account within the same plan. . LadyGeek said: In 2016, I rolled over after-tax contributions in my employer's 401(k) to my Roth IRA. These are not the same moves, OP stated he ...
by diy60
Fri May 19, 2017 9:09 pm
Forum: Investing - Theory, News & General
Topic: Understanding a Post Tax 401k
Replies: 19
Views: 2352

Re: Understanding a Post Tax 401k

OP, as a previous poster mentioned, you are fortunate to have a 401K plan that allows after tax contributions. You should check if you can do IRR (in service Roth conversion), and how often. My employer's 401K plan allowed 2 in service conversions per year. Unfortunately I didn't learn about this pr...
by diy60
Mon May 08, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 10
Views: 1421

Re: Best way to obtain older ROTH contribution #'s

OP - I would try for the transcripts, you might have some luck. A few years ago I threw out everything but the actual tax returns for most of my tax files dating back to 1975. Unfortunately a few of the late 1980's years I had made non-deductible tIRA contributions but didn't file 8606 forms. These ...
by diy60
Sat May 06, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: 401K subaccount to tIRA, and then back again to 401K
Replies: 5
Views: 374

Re: 401K subaccount to tIRA, and then back again to 401K

However, once you have all your pre tax IRA money rolled into your 401k and have converted the IRA basis, be sure not to retire and roll your entire 401k back to an IRA until 2018. If you roll pre tax dollars back to your IRA in 2017 your 10k conversion will be mostly taxable. This is the part I go...
by diy60
Sat May 06, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: 401K subaccount to tIRA, and then back again to 401K
Replies: 5
Views: 374

Re: 401K subaccount to tIRA, and then back again to 401K

The one per calendar year applies only to 60 day rollovers, not to trustee to trustee transfers. With a 60 day rollover, you get a check made out to you which you can cash or deposit in your bank account. Did that happen? It was a trustee to trustee check made out to my custodian FBO me IRA. I thin...
by diy60
Sat May 06, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: 401K subaccount to tIRA, and then back again to 401K
Replies: 5
Views: 374

401K subaccount to tIRA, and then back again to 401K

I'm currently in service, and I have a 401K with an isolated sub account with after tax and associated pretax earnings. After I retire next month the plan treats any withdrawals as distributions and any such distributions will consist of a prorated portion of total pretax and total after tax. Roth 4...
by diy60
Fri May 05, 2017 8:47 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115361

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

After registering my accounts at Fidelity and starting the transfers I realized I forgot an account. I called Fidelity within a few days and they negated the registration for me, sent me a new link, and I was able to re-register all of the accounts for the bonus.
+1, It never hurts to ask.
by diy60
Fri May 05, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: When you didn't have 401(k)/403(b), did you have IRA?
Replies: 46
Views: 2678

Re: When you didn't have 401(k)/403(b), did you have IRA?

I opened my first tIRA in 1983, contributed for about 3 years until my contributions were no longer tax deductible. About the same time my employer started a tax deferral plan with company match. I never contributed to the IRA again. It was shear brute force just to be able to contribute to the 401K...
by diy60
Mon May 01, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?
Replies: 10
Views: 652

Re: Backdoor Roth conversion of IRA that contains only appreciated post tax assets?

1. Verify that your employer plan a) will accept an inbound rollover from IRA and b) low fees. 2. Convert to Roth IRA an amount equal to your IRA basis. 3. Rollover all remaining assets in your TIRA, Rollover IRA, SEP-IRA, SIMPLE-IRA accounts into your employer plan before DEC 31. Form 8606 for tax...