Search found 633 matches

by exoilman
Mon Oct 23, 2017 6:33 am
Forum: Personal Consumer Issues
Topic: What is the best thing to use to hang pictures?
Replies: 22
Views: 1185

Re: What is the best thing to use to hang pictures?

Hyperborea wrote:
Sun Oct 22, 2017 2:17 pm
I like these hangers. They work well, there is no drilling just a hammer so easier to clean up when the picture is removed, and they have models designed for different weights.

http://www.ooks.com/index.html

Image

+1 :thumbsup
by exoilman
Sat Oct 21, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 137
Views: 10067

Re: Does anyone here with net worths north of $1 mil use financial advisors?

joe8d wrote:
Fri Oct 20, 2017 7:54 pm
No. Always been DIY.
+1

Learned from my own mistakes in the early seventies.

Sam
by exoilman
Fri Oct 20, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 5297

Re: just hit the two comma club today...some thoughts

Congrats! :sharebeer Onwards and upwards. Most millionaires did not get there by luck, windfalls or inheritances. They arrived by taking little steps that compounded into giant great leaps over time with occasional bumps in the road. Good work! Couldn't agree more! :sharebeer Check article below. C...
by exoilman
Mon Oct 09, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6520

Re: Has your "risk tolerance" been tested?

exoilman wrote:
Sat Oct 07, 2017 9:10 am
Age and assets will affect some of the of the answers.

Sam age 74 and no need to take risk.
Sorry I forgot to mention ~ 35/75 and will consider raising equity to 40/60 if market corrects 10% from current.

Sam
by exoilman
Sat Oct 07, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6520

Re: Has your "risk tolerance" been tested?

Age and assets will affect some of the of the answers.

Sam age 74 and no need to take risk.
by exoilman
Sat Oct 07, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: Are stocks going up only because all the alternatives are lousy?
Replies: 45
Views: 4715

Re: Are stocks going up only because all the alternatives are lousy?

Standard Boglehead disclaimer, I realize I know nothing, so I keep investing according to my plan. However, if I was inclined to listen to my own suspicions, I would say we have expanded the money supply greatly, but the inflation monster is nowhere to be found. Perhaps increased wealth inequality ...
by exoilman
Wed Sep 27, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable [Distributions] from Vanguard
Replies: 12
Views: 831

Re: Qualified Charitable Deductions from Vanguard

Why would they withhold tax on a qcd? this explains https://www.google.com/search?source=hp&q=qcd+tax+reporting&oq=qcd+tax&gs_l=psy-ab.1.1.0l2j0i22i30k1l2.3216.7555.0.10415.7.7.0.0.0.0.160.995.0j7.7.0.dummy_maps_web_fallback...0...1.1.64.psy-ab..0.7.995...46j0i131k1j0i131i46k1j46i131k1j0i46k1.0.49C...
by exoilman
Sun Sep 24, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 10362

Re: Retirees, what is your marginal tax rate?

CurlyDave wrote:
Sat Sep 23, 2017 1:06 pm
Marginal rates: 28% Federal, 9% state.

Sure, I would like it to be lower, but this is a good problem to have.
+1 :sharebeer
by exoilman
Fri Sep 22, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 10362

Re: Retirees, what is your marginal tax rate?

Swansea wrote:
Fri May 12, 2017 2:52 pm
25% now, but may change once I start RMDs.
Similar for me and now RMD's for last 3 years bumped us into 33%. So now restructuring taxable acct. to munis and federal tax free. Also some non dividend stocks and ETF's for future growth.

Sam
by exoilman
Sun Sep 17, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 63
Views: 7112

Re: Physiological effects of Early Retirement in peak earning years.

Raybo wrote:
Sat Sep 16, 2017 6:11 pm
My father died when he was 58. I retired as early as I could.
Same here, I retired at 58 in 2003

Sam
by exoilman
Fri Sep 15, 2017 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Wash rule question
Replies: 5
Views: 406

Wash rule question

I am taking some tax losses in my taxable account. Can I buy the same security in my IRA account without waiting for the 30 day wash rule?

Thanks
Sam
by exoilman
Mon Sep 04, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: NJ municipal bonds
Replies: 5
Views: 504

NJ municipal bonds

I am interested in purchase of high quality NJ muni's. I am in the 33% tax bracket and my RMD's are substantial. Any recommendations will be appreciated.

Thanks
Sam
by exoilman
Thu Jul 06, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Wash rule
Replies: 2
Views: 407

Wash rule

If I were to sell my XOM stock (at a loss) and buy equal dollar value XLE same day is that a violation of wash rule?

Sam
by exoilman
Thu Jun 22, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: IRA friendly MLP's
Replies: 2
Views: 279

IRA friendly MLP's

Are there any that don't require K-1 or have any other tax implications?

Thanks
Sam
by exoilman
Mon Jun 05, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 5031

Re: NJ Lemon Law 2017 Honda CRV

A jumper is not a solution. If a lead acid battery is discharged and remains discharged, it will be damaged. It accelerates the sulfation process that leads to battery death. If you have a significant parasitic load, you will need to keep it on a maintenance charger to avoid damage to the battery. ...
by exoilman
Fri Jun 02, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 5031

Re: NJ Lemon Law 2017 Honda CRV

We just picked up our CRV today after 3rd visit. Looks like they found the problem which caused the battery drain. It was a software fix the car needed. We'll see and hopefully no more problems relating to this. When I contacted Honda USA they knew of the problem and perhaps my desire to use the NJ ...
by exoilman
Tue May 23, 2017 6:11 am
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 5031

Re: NJ Lemon Law 2017 Honda CRV

Thank you to all for your input. Yesterday I initiated our concerns by calling Honda USA where I was assigned a case number. They will contact the dealer for the first step. Our hope is that a fix is coming. We really like the car.

Regards
Sam
by exoilman
Sat May 20, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 5031

NJ Lemon Law 2017 Honda CRV

Has anyone taken advantage of NJ Lemon Law? We recently purchased a 2017 Honda CRV Touring model. On two occasions, last one this week and the other last week the battery goes dead. By dead I mean nothing operational. We like the car very much so would like resolution. The first time they told us we...
by exoilman
Thu Apr 20, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: 1 million minimum MM at Fidelity
Replies: 4
Views: 1566

1 million minimum MM at Fidelity

While looking at some funds FMPXX (1.02% taxable) and FTCXX (.75% tax exempt) the minimum for entry is 1 million dollars. These are available to individuals. Used to be institutional only. I guess a good place for wealthy investors waiting for market correction.

Regards
Sam
by exoilman
Thu Mar 30, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 13325

Re: When do you plan to die?

Prior to my wife, children and grandchildren. :beer

Sam
by exoilman
Fri Feb 24, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: New car purchase
Replies: 12
Views: 1771

Re: New car purchase

The dealer took 3K as my down payment. When I returned to pick up our new car they took another 1K and our check for the balance.

Sam
by exoilman
Tue Feb 14, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: New car purchase
Replies: 12
Views: 1771

New car purchase

How much will a dealer take on our credit card? Our purchase will be all cash for the balance. Any ideas as to negotiating a maximum charge?

Thanks
Sam
by exoilman
Sun Jan 01, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Credit Shelter Trusts in the Era of Portability
Replies: 14
Views: 1674

Re: Credit Shelter Trusts in the Era of Portability

reference, what is considered for high net worth couples in NJ?

Sam
by exoilman
Mon Nov 07, 2016 5:39 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo
Replies: 88
Views: 12731

Re: Amazon Echo

Thanks to all

DW saw your posts and bought at BBBY for $140 free delivery.
THanks
Sam
by exoilman
Mon Nov 07, 2016 9:26 am
Forum: Personal Consumer Issues
Topic: Amazon Echo
Replies: 88
Views: 12731

Amazon Echo

Is the Amazon Echo just a novelty or worth the $150?

Thanks
Sam
by exoilman
Sat Sep 17, 2016 7:48 am
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 476
Views: 68498

Re: TIPS - Did you give up?

reference
by exoilman
Sat Sep 10, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my 6 year old plasma TV?
Replies: 81
Views: 11635

Re: Should I upgrade my 6 year old plasma TV?

I own a 2009 Panasonic 46" plasma. Then, 2 years ago, I gave in and bought a 51" Samsung award-winning plasma, at great price reduction, right before they stopped making them. I am watching the US Open on it right now, and it's an amazing picture (truly). But this was a great deal, a $150...
by exoilman
Sun Jul 17, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: have we reached the tipping point in the active vs. passive battle
Replies: 43
Views: 5572

Re: have we reached the tipping point in the active vs. passive battle

Larry wrote : The markets keep teaching us that while active management does provide for the possibility of market-beating performance, the much greater likelihood is underperformance. This is also true of a herd run on the S&P500 in my opinion. We are experiencing an S&P stampede very simi...
by exoilman
Wed Jul 13, 2016 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mac Computer
Replies: 21
Views: 2088

Mac Computer

Hello all tech types,

I trade with Fidelity and they use Microsoft for the trading platform. If I buy a Mac, is there a program that I can buy for the mac that will allow trading that Fido uses.

Thanks
Sam
by exoilman
Tue Jul 05, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: Delivered ingredients for meal preparation
Replies: 11
Views: 1513

Delivered ingredients for meal preparation

We are considering a three meal weekly program. We will try Blue Apron and go from there. Anyone here have experience with any program?

http://observer.com/2016/01/we-tried-bl ... -the-best/

Thanks
Sam
by exoilman
Sat Jul 02, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 6307

Re: Why is everyone up in arms about Costco's credit transition?

Munir wrote:
unclescrooge wrote:
miamivice wrote:Or is this just media hype?


This is the media making moutains out of molehills because we're a nation of Kardashian-watching morons and don't really care about real news anymore.


+1.


+1
by exoilman
Wed Jun 29, 2016 8:06 am
Forum: Investing - Help with Personal Investments
Topic: NJ Muni bonds
Replies: 11
Views: 1031

Re: NJ Muni bonds

Thanks again for the advice/info. I will check with Fidelity also because I keep all my taxable there. Vanguard all tax deferred. If there is a large difference in expenses I will move the appropriate amount there.

Sam
by exoilman
Tue Jun 28, 2016 8:30 am
Forum: Investing - Help with Personal Investments
Topic: NJ Muni bonds
Replies: 11
Views: 1031

Re: NJ Muni bonds

Thanks for the fund recommendation. What about individual NJ muni's?

Sam
by exoilman
Sun Jun 26, 2016 10:37 am
Forum: Investing - Help with Personal Investments
Topic: NJ Muni bonds
Replies: 11
Views: 1031

NJ Muni bonds

Any recommendations for high quality NJ munis?

Thanks
Sam
by exoilman
Fri May 20, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 5408

Re: Pride in no inheritance to kids?

We are in the camp of helping currently as well as leaving some inheritance. As boomers we were able to pick essentially what company to work for in the sixties. We consider that good fortune and don't see the same opportunities today for children and grandchildren. I worked for Exxon and their pens...
by exoilman
Sat Apr 16, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Meeting with a Fidelity Financial planner, is it useful?
Replies: 39
Views: 4806

Re: Meeting with a Fidelity Financial planner, is it useful?

We have a brick and mortar Fidelity office on the other side of town (about 30 minute drive). I meet with one of their reps once or twice a year. I've found two primary advantages: a) A second set of eyes on my long term financial plan with some free advice (usually just things I should consider or...
by exoilman
Sat Apr 16, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Meeting with a Fidelity Financial planner, is it useful?
Replies: 39
Views: 4806

Re: Meeting with a Fidelity Financial planner, is it useful?

I have most of my money with Fidelity and I have an account manager who does not charge me anything. I have been very happy with them. Having said that, however, Fidelity does offer fee based services. I would just have the conversation with the rep and see what he has to say. Fidelity has some gre...
by exoilman
Thu Mar 24, 2016 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Leasing new car
Replies: 12
Views: 1121

Re: Leasing new car

I recently posted for buying a new car. Now I am thinking leasing. I am 72 and DW 66 and now thinking might be better to have a replacement every 3 years. The most mileage per year will be less than 10K. Are any folks here doing this? The car we will be buying is ~ 50K and would be bought with cash...
by exoilman
Thu Mar 24, 2016 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Leasing new car
Replies: 12
Views: 1121

Re: Leasing new car

I recently posted for buying a new car. Now I am thinking leasing. I am 72 and DW 66 and now thinking might be better to have a replacement every 3 years. The most mileage per year will be less than 10K. Are any folks here doing this? The car we will be buying is ~ 50K and would be bought with cash...
by exoilman
Thu Mar 24, 2016 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Leasing new car
Replies: 12
Views: 1121

Leasing new car

I recently posted for buying a new car. Now I am thinking leasing. I am 72 and DW 66 and now thinking might be better to have a replacement every 3 years. The most mileage per year will be less than 10K. Are any folks here doing this? The car we will be buying is ~ 50K and would be bought with cash ...
by exoilman
Sun Mar 20, 2016 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Buying a new car
Replies: 56
Views: 8607

Buying a new car

I will be buying a new car soon without a trade in. I would appreciate any tips for getting best price. I don't like to haggle and will pay cash for new car.

thanks
Sam