Search found 4816 matches

by itstoomuch
Fri Dec 15, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 37
Views: 1991

Re: Can rental home generate small income?

The typical rate is for a SFH, 30 yr, owner occupied, 20% down, 720-750 FICO, in job or similar job for 2-5 years, US resident. Federal national mortgage insurance complainant.
Or there about.
YMMV
by itstoomuch
Fri Dec 15, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I open a fitness center for extra money?
Replies: 37
Views: 2412

Re: Should I open a fitness center for extra money?

My son hasn't discovered any hard body single female s at the fitness/bouldering/wall facility. A useless comment. Ymmv I go to the gym for 100 calories on a slow stationary, watch CNBC, a shower, and sauna. Sometimes i'll do Silver & Fit class but the even older folks work too hard for me :? :| :beer
by itstoomuch
Fri Dec 15, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 1933

Re: any sense in purchasing an annuity before retirement?

Depends. :mrgreen: :annoyed :oops: [ I have said this already?] I use deferred annuities as a "flooring", substitute pension, a way to establish monthly income history for lenders, a synthetic to option markets (SPX) to Interest rates, to manage taxes for possible inheritance purposes, for shelteri...
by itstoomuch
Fri Dec 15, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 64
Views: 9973

Re: Keys to a Successful Retirement

We have a lot of "keys" on our retirement and asset keyring. We have a particular key that finally fits the lock on a door that will give us a windfall. We cannot turn the key in the lock yet. We have identified another key and door. Maybe 6-12 months out before we can actually open this door. Moral...
by itstoomuch
Fri Dec 15, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 1933

Re: any sense in purchasing an annuity before retirement?

My BIL is a CPA, actuary, corporate officer, in a regional and international insurance/annuity company. They sell a lot of SPIAs. They rather not sell VAs. We have a small private company pension (non COL) which is an SPIA, 2010. . We own no other SPIAs and at this time have no plans to purchase any...
by itstoomuch
Fri Dec 15, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 83
Views: 3771

Re: Stocks always in taxable for tax efficient investing?

When everyone says "Always", :wink:
I start looking at side bets :annoyed :twisted: :mrgreen:
Ymmv :greedy
by itstoomuch
Fri Dec 15, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 1933

Re: any sense in purchasing an annuity before retirement?

Depends. :mrgreen: :annoyed :oops: [ I have said this already?] I use deferred annuities as a "flooring", substitute pension, a way to establish monthly income history for lenders, a synthetic to option markets (SPX) to Interest rates, to manage taxes for possible inheritance purposes, for shelterin...
by itstoomuch
Fri Dec 15, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 37
Views: 1991

Re: Can rental home generate small income?

Your loan rate is too low. Try I rates @4.8-5.0+% for rentals. US citizen, resident. Assets to purchase if need be. 40% down. Ymmv We pay 4.75% on a out of state rental condo. Aug 2017. We are retired, no debts, another rental with +5% net ROI, But we still show relatively low household income. We ...
by itstoomuch
Fri Dec 15, 2017 2:28 am
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 1933

Re: any sense in purchasing an annuity before retirement?

Nick events wrote: Has anyone considered or acted on a similar scenario?
Yes.
by itstoomuch
Fri Dec 15, 2017 1:22 am
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 33
Views: 1898

Re: What are your favorite tax deductions and credits for 2017?

Depreciation. :greedy
Medical expenses and medical insurances :(
by itstoomuch
Fri Dec 15, 2017 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Hire CPA or file my own taxes?
Replies: 12
Views: 944

Re: Hire CPA or file my own taxes?

Do both. You'll be be a better citizen. We hired a CPA when we bought a rental condo, 2 years ago. CPA, his wife and I were classmates in Jr hi school - high school. I've called o him 3x this fall for advice. Cheap on the pocket book but valuable tax information - $100,000+ worth. Also consulted wit...
by itstoomuch
Thu Dec 14, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 37
Views: 1991

Re: Can rental home generate small income?

Your loan rate is too low. Try I rates @4.8-5.0+% for rentals. US citizen, resident. Assets to purchase if need be. 40% down.
Ymmv
by itstoomuch
Thu Dec 14, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Is Room and Board Deposit a 529 Qualified Expense?
Replies: 6
Views: 593

Re: Is Room and Board Deposit a 529 Qualified Expense?

Not for 2017.
Bc she is not yet a full time student by Dec 31. She has been accepted but not admitted and attending.
Read the rules of engagement before signing. BTDT:oops:
Ymmv. GL
by itstoomuch
Wed Dec 13, 2017 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 2552

Re: Play money individual stocks, which ones?

Against my better judgement :annoyed Currently about 80% cash in Discretionary ( it is Not Play $) and would be near 100% cash but what remains is taxable at short-term rates. Zillow, tracking stock GAIN, GOF; closed end funds. COLM, NWN, STWD. Dividend payers. I have covered calls options on those ...
by itstoomuch
Tue Dec 12, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 68
Views: 6079

Re: Dad Needs Help Buying Wedding Liquor

8-) Dry Vermouth + Seltzer= sparkling wine lite.
by itstoomuch
Tue Dec 12, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 51
Views: 4381

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

I gave ours $10k in the 90's/ 00's . Bought IBM and other Biggie's.
by itstoomuch
Tue Dec 12, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: How does the IRS know the value of my 401K at end of year for RMDs
Replies: 30
Views: 3608

Re: How does the IRS know the value of my 401K at end of year for RMDs

:annoyed The Minions, who work for the badest person/organization use to do the tabular work for the IRS. It's rumored that they have found someone even bader. Cru was a pushover badie compared to the new badie.
Jmo/YbadMV :confused
by itstoomuch
Tue Dec 12, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 68
Views: 6079

Re: Dad Needs Help Buying Wedding Liquor

Vermouth is under appreciated.
It's inexpensive. For me it's a smooth, low alcohol, lightly flavored gin.
For $6-8. What can go wrong?
by itstoomuch
Mon Dec 11, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Sweet Gum Balls
Replies: 36
Views: 2460

Re: Sweet Gum Balls

Where I live, neighbors use this harvesting gadget, http://www.gkmachine.com/products/ag-eq ... er-aws3200
by itstoomuch
Mon Dec 11, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Sweet Gum Balls
Replies: 36
Views: 2460

Re: Sweet Gum Balls

Gather up some buckeyes or chestnuts and throw them over the fence. Tell neighbor that as the tree ages the pods get more numerous. :annoyed :mrgreen:
by itstoomuch
Sun Dec 10, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 79
Views: 6588

Re: 2018 financial goals - what are yours?

What we do ever year, Beany, +10% in the Discretionary Accts.
That implies, , don't lose wealth :oops:
by itstoomuch
Sun Dec 10, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Cashing in an annuity
Replies: 4
Views: 386

Re: Cashing in an annuity

1. Annuities are an INSURANCE product for later assured INCOME. 2. The corollary is that annuities are NOT an Investment product, although annuities may have features that act like investments, but are really Income benefits. 1-2. Do not and never confuse the two. So if she purchased the annuity as ...
by itstoomuch
Sun Dec 10, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4076

Re: Does a Boglehead ever time the market?

The lack of long-term risk-adjusted return could just be cherry-picking bias. If you pick only the best cherries, or if you analyze only the most successful national market in history, the some risk will indeed be missing :wink:. One of my fondest memories in farming was sitting on a 12 foot ladder...
by itstoomuch
Sat Dec 09, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Trying to nail down asset allocation for second bucket
Replies: 43
Views: 1528

Re: Trying to nail down asset allocation for second bucket

^how I handle the buckets: We watched WSW with Louis R. in the mid 70s+. Wellington, Wellsley fund mangers were regularly featured along with JBogle. Likewise, Magellan and Contra Fund managers were also featured. We owned to the W and Fido funds for long periods. We did own the Index, but the 60/40...
by itstoomuch
Sat Dec 09, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: Trying to nail down asset allocation for second bucket
Replies: 43
Views: 1528

Re: Trying to nail down asset allocation for second bucket

^ sandtrap The one rental came about in an inheritance which we used to buy a rental property for Income and not so much for Investment. We we're heavy in equities and the rental worked as a diversifier The second rental is short-term to be used as a permanent retirement home. Our current house may ...
by itstoomuch
Sat Dec 09, 2017 5:13 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 83
Views: 3771

Re: Stocks always in taxable for tax efficient investing?

^
inbox788 wrote:you'll wind up being a lot closer to indifference
That works for me. I often fall to sleep by trying to calculate that difference. :mrgreen: :oops: :greedy
by itstoomuch
Sat Dec 09, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 83
Views: 3771

Re: Stocks always in taxable for tax efficient investing?

I am resigned to the fact that, my IRA trading account will be inefficient but will be the most profitable. :oops: :| :annoyed
by itstoomuch
Sat Dec 09, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: How bonds would have been better in 2008 crash
Replies: 5
Views: 665

Re: How bonds would have been better in 2008 crash

Be very careful with this assumption.
Bonds that were illiquid (GSE) were moved to a separate fund/entity in 2007-2008. New bonds were purchased at their lows in this same period and masked some of problems.
by itstoomuch
Sat Dec 09, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Deferring First RMD
Replies: 16
Views: 811

Re: Deferring First RMD

So,
What is the Guaranteed Income Acct growth rate?
Compound or Simple?
What is the Guaranteed initial Income Acct withdrawal rate?
Is the Initial withdrawal rate based on age and holding period?
What was the purpose of the deferred annuity? Not your purposes but Moms'?
YMomsMV
by itstoomuch
Sat Dec 09, 2017 1:44 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3464

Re: Please suggest a dry hands product

I use " working hands" . The container is too big for me to carry in gym bag. A local person was making her own lotions and potions. I had her make a similar concoction with the neighboring bee keeper' s wax. High lavender and Balsam and other secret magical ingredients that she recommended. It work...
by itstoomuch
Fri Dec 08, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 499
Views: 47441

Re: Picking College and College Scholarships

Rootin' for Caltech. He'll need a whole new wardrobe. Plus the are so many more different routes to get home. :oops: :annoyed
by itstoomuch
Fri Dec 08, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4076

Re: Does a Boglehead ever time the market?

OP
Do not confuse Investing with Income.
As a retiree, I am more concerned with Income and purchasing power on that Income; I am less concerned with Investing and Timing.
Ymmv
by itstoomuch
Fri Dec 08, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4076

Re: Does a Boglehead ever time the market?

Time the Markets :oops: :annoyed :?: 67/70 yo. Most of retirement assets are now protected in GLWB longevity income annuities or Income property(s). These were timed and opportunistic purchases. When we did have indexes, MF, we never timed markets. What remains, the Dscretionary, I do time stock , C...
by itstoomuch
Fri Dec 08, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 68
Views: 6079

Re: Dad Needs Help Buying Wedding Liquor

Vermouth is an excellent white wine. It's very predictable, unlike varietals. I live in wine country and at one time had toyed in putting in a vineyard. Had equipment and land.
Ymmv
by itstoomuch
Fri Dec 08, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2950

Re: Do you have any guilty pleasure investments?

CASH Holding primary Discretionary in cash :oops: :moneybag Will hold a lot more cash by the end of 2017. :oops: :moneybag Looking to deploy but valuations are very high and risks - rewards don't look all that good for new and old money. :confused Any :idea:s, other than giving it to you. :?: Ymmv :...
by itstoomuch
Fri Dec 08, 2017 2:20 am
Forum: Investing - Theory, News & General
Topic: investing in taxable accounts
Replies: 10
Views: 1518

Re: investing in taxable accounts

It's going into savings/checking. We bought a new home. The current home which isn't yet on the market.
Already diversified into different retirement income streams.
by itstoomuch
Thu Dec 07, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 63
Views: 4332

Re: What did you do with your first RMD withdrawal money?

Sept 2017, Annual. Wife's first RMD. First withdrawals from glwb fixed-indexed annuities. Should be enough for at at least two more years of excellent Market growth in other IRAs. Funds went into checking/savings account to replace a draw for a retirement home. I'm taking small IRA withdrawals becau...
by itstoomuch
Thu Dec 07, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4229

Re: When Bitcoin blows-up

No bite off of my little bit of coin.
I know nothing about bitcoin other than one chipmaker missed the boat.
Moved to cash last week with deep buys on particular stocks.
I think I am essentially done trading for 2017.
Ymmv
by itstoomuch
Thu Dec 07, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Acts of war term insurance?
Replies: 17
Views: 1604

Re: Acts of war term insurance?

See plans that don't have this exclusion.
by itstoomuch
Thu Dec 07, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8230

Re: Jack Bogle Is Worried About U.S. Pensions

Stop worrying, just visit the nearest Mexican restaurant and enjoy some hot menudo aka breakfast for champions. Matter of fact, I did have pho with tripes and other meaty things in Seattle this past weekend. The evening meal after the TDAmeritrade seminar on options and again the next morning. :ann...
by itstoomuch
Thu Dec 07, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate from SPIA???
Replies: 41
Views: 2459

Re: Safe Withdrawal Rate from SPIA???

The other alternative we did: We invested (buy) a rental. After all we are only looking for Income that tracks inflation in the intermediate time and long-term asset growth tracking for our heir.
Ymmv
by itstoomuch
Thu Dec 07, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Which to do - Roth conversion or LTCG?
Replies: 21
Views: 981

Re: Which to do - Roth conversion or LTCG?

Do a leap option for 2018 to protect value of stock Then do your conversion of your IRA to Roth in 2018. You will pay in the option a relatively small insurance expense as compared to the marginal taxes you'd pay in the conversion. Or you can do the leap on the IRA for latter conversion and sell sto...
by itstoomuch
Wed Dec 06, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate from SPIA???
Replies: 41
Views: 2459

Re: Safe Withdrawal Rate from SPIA???

op, your idea won't work. You are assuming that SWR is sacrosanct, its not. You are assuming that a SPIA is perfectly priced at any time at purchase, it's not. Both may appear to you as stationary but to the vendors they are highly variable; which is how the make their money and hedge their position...
by itstoomuch
Wed Dec 06, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Are plasma TV's gone forever?
Replies: 36
Views: 4525

Re: Are plasma TV's gone forever?

I used to work in a r & d broadband. The plasma r & d lab below us was trying to get to blue and the largest screen was 7-10 inch, whose primary market was in Abrams A1 tanks. :oops: I bought OLED, in the early '00s and sold it when it nearly went into bkrpcy. :oops: Old memory and technology :annoyed
by itstoomuch
Wed Dec 06, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 68
Views: 6079

Re: Dad Needs Help Buying Wedding Liquor

wildbill wrote: The comments re Jack Daniel’ are frivolous. No one is going to object to Jack Daniel’s
No one should be complaining on free booze. It's a party after all. Take names for those who do complain. :twisted:
by itstoomuch
Wed Dec 06, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Timing the housing market
Replies: 32
Views: 2080

Re: Timing the housing market

Start looking Pay attention to the features in the home Take notes on 'RE pricing, time on the market, closing price. Work with a 'RE agent. Disclaimer. Seattle area It does take a lot of effort. Our son did the discovery work. He is local to the area. He studies markets and buying and selling. It's...
by itstoomuch
Tue Dec 05, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 166
Views: 9146

Re: One answer to the Dividend stocks puzzle from behavioral finance

^ nedsaid,
Which is the reason that I (we) maintain trading accounts... hopefully to lose wealth for TLH. :annoyed :wink: :oops:
Ymmv :moneybag
by itstoomuch
Tue Dec 05, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 68
Views: 6079

Re: Dad Needs Help Buying Wedding Liquor

Bartender or DIY?
Off hand, Monarch Brand hard liquors, Washington or Oregon wines, your local craft beer growlers. And some sparkling rose.
Don't drink too but when did, i like above (all local to me).