Search found 3671 matches

by dratkinson
Thu Feb 23, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 19
Views: 1072

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

^ If above directed at me (the OP), then I had to retrace my steps to understand any confusion. ^ Just bear in mind that "capital gains" reported on your 1099 are presumed to be long-term. If you've received a short-term gain distribution, it's not included in the "capital gains"...
by dratkinson
Wed Feb 22, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 19
Views: 1072

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

Sidebar. Another interesting lesson learned this tax year: not all monthly muni dividends may be tax-exempt. I own a single-state muni fund and it's monthly distributions are recorded exactly in my Excel tracking tool and my shared-owned are correct, so everything should be good to enter. Not. Shor...
by dratkinson
Wed Feb 22, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 19
Views: 1072

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

Thanks. Followed link to IRS topic from linked post. Code "B" with "0" correction seems to apply. (Note to self: order Form 8949 instructions next year.) Tax software. I'm using OLT (online freefile s/w), and unfortunately it is only quick-entry (tables to populate, not interview...
by dratkinson
Tue Feb 21, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to report 1099B cost basis discrepancy on non-covered shares?
Replies: 19
Views: 1072

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

Just checking to ensure I’m doing this correctly. When Vanguard converted my non-covered VFWIX shares to Admiral, they converted all lots into one VFWAX share lot---treating them as having an average cost basis, so losing the cost basis information on the original VFWIX lots. I was very clear with t...
by dratkinson
Mon Feb 20, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for tiered emergency fund
Replies: 23
Views: 1673

Re: Ideas for tiered emergency fund

For the Vanguard Intermediate-Term Tax-Exempt Fund, you're not concerned by possible interest rate increases? Not too much. The mainstream wisdom says the bond fund price will recover as old bond issues are replaced by new issue. (Note SEC yield will also rise during this time. Same reason.) Expect...
by dratkinson
Mon Feb 20, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended books and resources to fully understand how the world stock market works.
Replies: 33
Views: 2063

Re: Recommended books and resources to fully understand how the world stock market works.

You could read Mandelbrot's The (mis)behavior of Markets . It was interesting, but not directly useful as I didn't find any simple "action steps". Why? My takeaway from the book was "...markets are more risky than we know and that risk can not be quantified." So I made a consciou...
by dratkinson
Sat Feb 18, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for tiered emergency fund
Replies: 23
Views: 1673

Re: Ideas for tiered emergency fund

I believe investments pay a higher return than bank accounts. To that end you could research municipal bond funds. The Wiki has a topic on them. And the Wiki list of recommended bond "books" (search term) also covers them. The largest tier of my formal emergency funds is in a "daily a...
by dratkinson
Thu Feb 16, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Money in the bank seems to lead to better life satisfaction
Replies: 9
Views: 1178

Re: Money in the bank seems to lead to better life satisfaction

Cash in the bank. I've noticed two often-repeated themes on the forum. --Money sitting in the bank makes us happy, so some accumulate too much at the expense of their retirement investing. --Money lying fallow in the bank makes us sad, so some chase rates and needlessly complicate their lives. I've ...
by dratkinson
Wed Feb 15, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 103
Views: 10127

Re: The Wall Street Journal to close Google loophole entirely

imbogled wrote:Check your local library sometimes they subscribe to the online WSJ and offer it as a database to library patrons. Mine does. Your mileage may vary.


+1

After logging into my public library account from home, WSJ (plus lots more) is found under a "Reference Databases" tab.
by dratkinson
Sat Feb 11, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended books and resources to fully understand how the world stock market works.
Replies: 33
Views: 2063

Re: Recommended books and resources to fully understand how the world stock market works.

I recall the book Capital Ideas to have been an interesting read in explaining the origins of Wall Street. The BH list of recommended books contains other interesting books on market history. Search Wiki (link: screen top right) for "books". Bottom line. People need goods and services. Bus...
by dratkinson
Sun Feb 05, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comfortable car seat
Replies: 19
Views: 1101

Re: Seeking comfortable car seat

Idea. If you find a known comfortable car seat, could try installing a replacement copy into your current vehicle. A local body shop probably has experience doing this and matching upholstery.
See: http://www.google.com/search?q=replacement+car+seat
by dratkinson
Sat Feb 04, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comfortable car seat
Replies: 19
Views: 1101

Re: Seeking comfortable car seat

kenschmidt wrote:You can definitely take a car for a greater than one hour test drive once the dealer knows you are really serious about the car. As others said, some will allow you to take it overnight. ...


Option. Could maybe rent a car for a week-long trial.
by dratkinson
Thu Feb 02, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Milestone and gotta tell someone
Replies: 61
Views: 5388

Re: Milestone and gotta tell someone

Congratulations. Do you have any special plan for the freed up mortgage payment? Or just more for retirement investing?
by dratkinson
Tue Jan 31, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Sump pump and power outage
Replies: 53
Views: 3388

Re: Sump pump and power outage

... Cords. From the generator under the garage door, through a cat door in the garage-to-house door , one cord to furnace, one up to kitchen for fridge and incidentals. ... Believe this to be a dangerous situation. CO detectors required. --Note generator warning against running in enclosed structur...
by dratkinson
Mon Jan 30, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Sump pump and power outage
Replies: 53
Views: 3388

Re: Sump pump and power outage

smitcat wrote:... genset running about 80% of the time - about 7 gph overall while running. ...


Typo? Seems high.
by dratkinson
Mon Jan 30, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Sump pump and power outage
Replies: 53
Views: 3388

Re: Sump pump and power outage

... rather than buy a bunch of batteries and repurchase them each 3-4 years while continually charging them we bough a small inverter genset. It was a bit less than $1,000 and runs the sump pumps, reefer, powers the oil burner (heat and hot water) and allows us some lights and to use and charge the...
by dratkinson
Sun Jan 29, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: Sump pump and power outage
Replies: 53
Views: 3388

Re: Sump pump and power outage

Don't have a sump pump. Know nothing about practical solutions. But... Idea: Build battery bank to give extended runtime to battery-powered sump pump. If worried about the limited run time of a single-battery battery-powered sump pump, then should be able to gang multiple batteries together to give ...
by dratkinson
Wed Jan 25, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Anyone have experience with plumbing issues or any Plumbers here?
Replies: 30
Views: 2306

Re: Anyone have experience with plumbing issues or any Plumbers here?

Automatic Whole House Water Shutoff Valves.

They do exist. Some use sensors (wired or wireless). Some sense water flow (wrong time or too much/long = possible broken pipe). I remember one brand was "Water Cop" (name stuck in my mind). All required electric power. Can search for them.
by dratkinson
Sun Jan 22, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Selling diamond engagement ring
Replies: 40
Views: 4748

Re: Selling diamond engagement ring

Another option. Long ago, gf gave my ring back. I made it into a stickpin and wear it occasionally. I also have a tell a story while wearing it that seems to always receive the same reactions. Me, wearing diamond stickpin: "My gf gave it to me. Well, actually, she gave it back to me." Husb...
by dratkinson
Fri Jan 20, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Memory Bank 1.5%
Replies: 4
Views: 942

Re: Memory Bank 1.5%

BH Memory bank 1.5% Chasing rates. I don’t do that any more; but I do have to stop and remind myself why. High teaser rates go away. I still have online HY checking account (Presidential bank: 4.5% when opened, .12% now) and savings account (HSBC: 5.05% when opened, 0.1% now) left over from 2007 whe...
by dratkinson
Thu Jan 19, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 34
Views: 1999

Re: Toaster Oven Recommendations

I've successfully done this twice with throw-away kitchen appliances*. --First was all-mechanical pop-up toaster (no electronics). Ran it through a dishwasher cycle. --Second was automatic coffeemaker with electronic module. Removed module, then ran it through a dishwasher cycle and reinstalled modu...
by dratkinson
Thu Jan 19, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 34
Views: 1999

Re: Toaster Oven Recommendations

Recall America's Test Kitchen recently reviewed toaster ovens. Recall #1 was $200+, #2 was ~$100, but don't remember names.

This search should find ATK episode: http://www.google.com/search?q=recommen ... st+kitchen
by dratkinson
Wed Jan 18, 2017 1:12 am
Forum: Personal Consumer Issues
Topic: Where to get HID (Xenon) kit?
Replies: 20
Views: 1388

Re: Where to get HID (Xenon) kit?

A trick I have used on numerous cars is to use some relays to turn on the low beams and fog lights whenever the high beams are activated. ... I thought about this too, but decided against the idea. Why? 1. In researching (probably on candlepowerforums.com) learned that when (high beams are on) you ...
by dratkinson
Tue Jan 17, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Where to get HID (Xenon) kit?
Replies: 20
Views: 1388

Re: Where to get HID (Xenon) kit?

If your car came with halogen bulbs, then halogen is all you can reinstall in original headlight housing. No HID. No Xenon. No LED. No nothing else. Period. If your headlight lens are cloudy, then have them polished or the headlight housings replaced. If your headlight lens and reflectors are both i...
by dratkinson
Mon Jan 16, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 72
Views: 7579

Re: How to allocate 3-6 million in assets to achieve goals?

Disclosure. This is my taxable AA. --VTSAX (TSM) --VFWAX (TISM) --VWLUX (daily accrual LT national muni) --WTCOX (monthly accrual IT single-state muni) --VWIUX (daily accrual IT national muni: largest tier of my formal EF, dry powder, and new car fund) International allocation. The recommended alloc...
by dratkinson
Mon Jan 16, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 52
Views: 2294

Re: Recommendations for home paper shredder

Hint: you don't need to buy fancy shredder oil or lubrication sheets. Just use a few drops of Canola oil every time you change the bag which isn't that often because the bin is a good large size. where specifically do you put the oil? Watch the youtube videos on this. :) I've not oiled my shredder ...
by dratkinson
Sun Jan 15, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 52
Views: 2294

Re: Recommendations for home paper shredder

My current shredder is too small/slow for your requirements, but I do have a shredder mounting suggestion. Shredder mounting suggestion. My shredder is in my garage and mounted through a hole in a shelf above my trash barrel. Meaning it's incredibly easy to use as all of the chaff falls into the tra...
by dratkinson
Sun Jan 15, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Teeth whitening
Replies: 38
Views: 3591

Re: Teeth whitening

White is not the natural color of the teeth. The dental science does not know enough yet. I suspect a lot of TV/movie folks do this, but even then, there are a few who, through the TV, also look ridiculously artificial. Yes, nearly ALL women - and I would say most men - working as journalists for l...
by dratkinson
Sat Jan 14, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 72
Views: 7579

Re: How to allocate 3-6 million in assets to achieve goals?

... So almost any decision is good enough. ... A few comments about how things are taxed. Dividend income from bonds will be taxed at your ordinary rate - 15%. Stock long term capital gains (except REIT) will be taxed at 0% to the extent that your total income stays in the 15% bracket. Whatever spi...
by dratkinson
Thu Jan 12, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 72
Views: 7579

Re: How to allocate 3-6 million in assets to achieve goals?

... So the advice of lst creating a "floor?" to fullfill basic needs with the funds I have is a good one. Then what to do as large amounts of "cash" come my way. Add to existing portfolio, create another, and so forth. Do you think those changing parameters change the AA? No. .....
by dratkinson
Wed Jan 11, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 72
Views: 7579

Re: How to allocate 3-6 million in assets to achieve goals?

Not 100% clear on your situation: is $6K/mo in addition to $2.4K provided by rental income, or inclusive? But assuming $6K/mo represents your total expenses. Then $72K/$6M = 1.2%, which is well within the realm of a self-sustaining rate of withdrawals. Meaning you could invest in a two or three fund...
by dratkinson
Wed Jan 11, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Anyone else having trouble with unrequested CVS auto-refills?
Replies: 55
Views: 2760

Re: Anyone else having trouble with unrequested CVS auto-refills?

I use Express Scripts phone service. The short answer. Now I like ES: No unwanted refills, and no phone calls except the ones initiated by me to reorder. The long answer. In the beginning I was receiving unneeded refills. It took me a while to break the code. Turn off auto refill. May need to talk t...
by dratkinson
Tue Jan 10, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Favorable review: OLT.com (IRS freefile online tax s/w)
Replies: 3
Views: 1571

Re: Favorable review: OLT.com (IRS freefile online tax s/w)

I used OLT in 2016 and remember it imported: personal information, ready-to-fill 1099s for each I entered in 2015, previous efiling information, and bank direct deposit information. That did speed up the process a little.

I plan to use it again this year.
by dratkinson
Tue Jan 10, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: Teeth whitening
Replies: 38
Views: 3591

Re: Teeth whitening

I discovered that a tartar control mouthwash made my teeth a little whiter. Was noticeable within a month of starting use.
by dratkinson
Mon Jan 09, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you avoid aggregators? Best expense tracker for manual entry?
Replies: 13
Views: 869

Re: Do you avoid aggregators? Best expense tracker for manual entry?

I've used personal finance s/w for many years. It's "busy work" that tells me things that are not important to know. It's a habit I should break. It's a habit you should avoid. The only things that are important to know (total annual income/spending) can be gotten from other sources: pay s...
by dratkinson
Mon Jan 09, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Bedroom is colder than rest of house. Radiator heating question.
Replies: 70
Views: 3285

Re: Bedroom is colder than rest of house. Radiator heating question.

I don't know the best solution, but have identified the most inefficient solution . What? Spend more on a new thermostat, so you can spend more on overheating the unused portions of your house overnight. That is a lose^2 solution. It is cheaper to heat one room, rather than the whole house. That's w...
by dratkinson
Mon Jan 09, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 48
Views: 6777

Re: Laundry lifestyle creep

I seem to be creeping the other way, toward cheaper. Generally use cold wash loads, with an occasional hot/bleach load. Use to use Tide, but now use generic. (Cheaper. Can't tell the difference in cleaning. Fragrance is not that important to me. Last bought "Sun" brand.) Use to use powder,...
by dratkinson
Tue Jan 03, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 85
Views: 5496

Re: Tax Loss Harvesting - Is it worth it?

The behavioral benefit of TLH during the crisis when my brain was screaming "do something" was a small but useful benefit. +1 A TLH's biggest benefit may be that it teaches us not to fear a market decline. Why? Because it's hard to notice your investments are losing money when you are con...
by dratkinson
Sun Jan 01, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have only muni bonds and no taxable bonds?
Replies: 15
Views: 1738

Re: Is it ok to have only muni bonds and no taxable bonds?

"Is it ok to have only muni bonds and no taxable bonds?" That's my plan as I "shoot for the moon" in my small orphaned tax-advantaged space. My bond target is 50/50 national/single-state munis. I could be wrong. A safer course is to also have some taxable bonds in tax-advantaged ...
by dratkinson
Sun Jan 01, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: DD wants to travel in 5 years, where to invest her savings?
Replies: 5
Views: 969

Re: DD wants to travel in 5 years, where to invest her savings?

Idea. A 529 plan is to save for education expenses. If education were (example) a foreign language immersion course run by US college in which student spends a summer overseas, could maybe use that to travel on the invested education-dime. Recall hearing of this idea being used by retired adults who...
by dratkinson
Sun Jan 01, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Scenic train trip?
Replies: 21
Views: 1688

Re: Scenic train trip?

If you are out Colorado way: Highly recommended. Durango-Silverton steam train was a nice day trip (mountains, streams, waterfalls,...): https://www.durangotrain.com Nice. Cumbres & Toltec steam train was a nice day trip (prairie): http://cumbrestoltec.com Interesting side trip. The Georgetown L...
by dratkinson
Sat Dec 31, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth to open a Roth IRA with my tax bracket?
Replies: 18
Views: 1505

Re: Is it worth to open a Roth IRA with my tax bracket?

A target date retirement fund is fine to use in any tax-advantaged account. But as a TDR fund uses taxable bonds, you should not use one in a taxable account. For taxable-account investing, you'd want to use discrete funds and place them for tax efficiency. This is were the "principles of tax-e...
by dratkinson
Sat Dec 31, 2016 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my emergency funds into something other than a savings account?
Replies: 18
Views: 2355

Re: Moving my emergency funds into something other than a savings account?

"Something non volatile", but with higher interest? That would be CDs. Or a CD ladder. Can check bankrate.com for rates. I now prefer simplicity (no longer interested in chasing rates or managing a CD ladder) so follow the advice, "When you believe you have enough, then you don't need...
by dratkinson
Fri Dec 30, 2016 11:02 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 85
Views: 5496

Re: Tax Loss Harvesting - Is it worth it?

ChasingFIRE wrote:...
2. How do you choose when to TLH? Just the end of the year? Or is there a specific reasoning for when?


The best time to TLH is when you have the loss. Wait too long and the loss will be replaced by a gain.
by dratkinson
Fri Dec 30, 2016 5:40 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 85
Views: 5496

Re: Tax Loss Harvesting - Is it worth it?

Yes, TLHing can be worth the effort. I recently used a small TLH opportunity to more quickly rebalance into bonds. Rebalancing was desired. Tax-free rebalancing was an opportunity. Had it not of been for the rebalancing opportunity, I would not have TLHed for such a small amount. Otherwise, my TLH t...
by dratkinson
Fri Dec 30, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth to open a Roth IRA with my tax bracket?
Replies: 18
Views: 1505

Re: Is it worth to open a Roth IRA with my tax bracket?

1. More tax-advantaged space is better than less. 2. A Roth makes tax-free all growth and withdrawals. So if you have a long time until retirement, the benefit of tax-sheltered growth may easily outweigh the contribution tax-cost. (As opposed to going the deductible traditional IRA route now and con...
by dratkinson
Wed Dec 28, 2016 3:12 pm
Forum: Personal Consumer Issues
Topic: Study Table for kids
Replies: 16
Views: 822

Re: Study Table for kids

May need more than a table. May need drawers too to corral stuff---pencils, paper,.... Table+drawers=desk. Adjustable height desk: http://www.google.com/search?q=adjustable+height+desk If kids can share a desk, then you want a partners' desk: http://www.google.com/search?q=adjustable+height+partners...
by dratkinson
Wed Dec 28, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a Solo 401k after employees are hired?
Replies: 6
Views: 859

Re: What to do with a Solo 401k after employees are hired?

IRS Rollover Chart: https://www.irs.gov/pub/irs-tege/rollover_chart.pdf

Above links to more IRS information on each plan type.

Existing solo 401k can be rolled over into IRA.

Don't know what is best plan for new company (1+2).

Sorry I can't be of more help.
by dratkinson
Tue Dec 27, 2016 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Dilemma: Fund 401K or Roth in my new income scenario?
Replies: 16
Views: 943

Re: Dilemma: Fund 401K or Roth in my new income scenario?

Preferred investing order (generic). --Employers' 401k/403b/457... to get the full employer's match. It's free money. --Personal IRA. ($5.5K) Best options. Roth preferred in retirement (tax-free growth/withdrawals, no RMD), but traditional is tax deductible now. --Spousal IRA. ($5.5K) Ditto. Allowe...
by dratkinson
Tue Dec 27, 2016 2:44 pm
Forum: Personal Consumer Issues
Topic: Cutting Trees in the Back Yard
Replies: 27
Views: 2100

Re: Cutting Trees in the Back Yard

I first went with the guys making the neighborhood round trimming trees. What an ugly mess! Trees eventually died and had to be cut down and stumps removed. But on a positive note, it did get rid of my box elder bug problem. Bottom line. Go with the guys who know what they are doing and have the cre...

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