Search found 6414 matches

by jeffyscott
Tue Apr 04, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: Is Craigslist still the main site to sell stuff locally?
Replies: 51
Views: 4614

Re: Is Craigslist still the main site to sell stuff locally?

I tried letgo and close5 (dumb new name for what had been ebay classified). I had listed same 2 items there and on Craigslist. Both items ended up selling on Craigslist. I imagine the popularity varies by location. I find being forced to use an app annoying, but would do it stuff sold faster. These ...
by jeffyscott
Mon Apr 03, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Is Craigslist still the main site to sell stuff locally?
Replies: 51
Views: 4614

Re: Is Craigslist still the main site to sell stuff locally?

Craiglist still works okay for me, but can be annoying as there seem to be a lot of no shows. How are you making and (re-)confirming the appointments? A phone call within two hours of the appointment might help. Mostly by email. Don't really want to make or receive phone calls. But, I do give the p...
by jeffyscott
Mon Apr 03, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Is Craigslist still the main site to sell stuff locally?
Replies: 51
Views: 4614

Re: Is Craigslist still the main site to sell stuff locally?

In some areas, there are big Facebook "Buy Sell Trade" groups that crop up, some are more active than others. If on Facebook you type in a location and "buy sell" you'll probably find one in most regions. Thanks, I was unaware of this option. Found several in my area. I think I ...
by jeffyscott
Fri Mar 31, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: running tax software on Linux using Windows virtual machine
Replies: 27
Views: 1531

Re: running tax software on Linux using Windows virtual machine

You could also set-up a dual boot. I did that initially when I transitioned to Linux about 3.5 years ago. I used windows very infrequently for a while, then not at all. My wife transitioned a couple years ago when windows was broken on her laptop and she decided to try Linux since we were going to h...
by jeffyscott
Fri Mar 31, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Adjusting budget given figures below, when going from employer plan to Medicare
Replies: 1
Views: 159

Re: How to adjust budget when going from employer insurance to Medicare

A concern is a med which would cost $1500 a month withiut insurance but where all but $10 is covered now due to our insurance.


On the Medicare site you can put in your medications when choosing a plan and see what the coverage would be for those.
by jeffyscott
Sat Mar 11, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Cuttting the cable tv negotiation & the scam
Replies: 33
Views: 3274

Re: Cuttting the cable tv negotiation & the scam

the wife wants the TCM old movies that are only on Optimum cable. Any advice? I'd think there'd be a lot of ways to get old movies with commercials (and maybe even without), without paying for cable. I've not done so often, but some free sources I've used are snagfilms, internet archive, and crackl...
by jeffyscott
Fri Mar 10, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: IRA and Medicaid - proof of MAGI?
Replies: 2
Views: 342

Re: IRA and Medicaid - proof of MAGI?

Thanks for finding that. No IRA for 2016, but tax form shows income well below the Medicaid limit. I see that document also says for income verification: "When entering income from pay stubs, do not include in the gross any pretaxed amounts such as deductions for IRA". This relates to anot...
by jeffyscott
Fri Mar 10, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: IRA and Medicaid - proof of MAGI?
Replies: 2
Views: 342

IRA and Medicaid - proof of MAGI?

I'm advising a family of 3, who's annual income recently increased from about $24,000 to $30-35K, that they can maintain eligibility for Medicaid by contributing to deductible IRAs (not eligible for 401K at this time). I understand how the rules work in theory, but wondering about complications in a...
by jeffyscott
Sun Mar 05, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: TV and/or Speakers for Enhanced Voice Clarity [UPDATE]
Replies: 35
Views: 1906

Re: TV and/or Speakers for Enhanced Voice Clarity

He suggested that before we buy something more expensive or a newer TV, that we first connect the sound box directly to cable box and bypass the processing of the TV. This talks about checking the sound configuration of cable box, blu ray etc. to be sure it knows you have only 2 speakers: https://w...
by jeffyscott
Sun Mar 05, 2017 6:40 pm
Forum: Personal Consumer Issues
Topic: TV and/or Speakers for Enhanced Voice Clarity [UPDATE]
Replies: 35
Views: 1906

Re: TV and/or Speakers for Enhanced Voice Clarity

If the TV sound settings have an equalizer, you might make some adjustments there that will improve voice clarity.

I've done this, I think it helps me. I think I used this source for ideas on settings to use:
https://larryjordan.com/articles/eq-war ... e-diction/
by jeffyscott
Sun Mar 05, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: Rental Car Insurance (No Collision Insurance)
Replies: 7
Views: 910

Re: Rental Car Insurance (No Collision Insurance)

I have no collision coverage on our cars. My understanding is the credit card coverage still works. Chase Visa Platinum brochure explicitly states: "...if you do not have automobile insurance, you do not have to claim payment from any other source of insurance before receiving coverage..."...
by jeffyscott
Sun Mar 05, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 7938

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

I decided to check in with Livesoft who has posted informative conversations on this topic. Livesoft responded immediately in agreement to revisit this topic. :D Maybe I am not recalling correctly, but wasn't this originally about paying $0 tax while spending $100,000 per year in retirement? If it ...
by jeffyscott
Sun Mar 05, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: How to retire early??? Possible?
Replies: 16
Views: 2187

Re: How to retire early??? Possible?

I don't think accessing retirement accounts early is that difficult. My understanding is you would just need to make "substantially equal" withdrawals. This just requires some extra forms and records, doesn't it? Being able to save enough is the important and more difficult part. Besides m...
by jeffyscott
Fri Mar 03, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage only option at Vg?
Replies: 10
Views: 645

Re: Brokerage only option at Vg?

Dodge & Cox is #7 overall here: http://www.investmentnews.com/article/20110816/CHART02/110819945/the-100-largest-mutual-fund-families My ranking was based on not considering those between them and T rowe to be "no load" fund families. I could be wrong, but in any case the point is ther...
by jeffyscott
Fri Mar 03, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage only option at Vg?
Replies: 10
Views: 645

Re: Brokerage only option at Vg?

I did find other threads before posting, but wanted to check on the specific situation of an existing client that just wants a new type of account and has no interest in brokerage. Thought maybe someone else had experience with this and could answer the specific question. I don't believe this is the...
by jeffyscott
Fri Mar 03, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage only option at Vg?
Replies: 10
Views: 645

Brokerage only option at Vg?

Have had Roth IRA at Vanguard for a long time. This year for tax reasons, I am opening a small traditional IRA account. I was surprised when I got near the end of the process that the new account was going to be a brokerage account. I sent a message to Vanguard asking how to open a traditional IRA, ...
by jeffyscott
Tue Feb 07, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Walmart.com vs. Amazon.com
Replies: 41
Views: 5147

Re: Walmart.com vs. Amazon.com

Don't order a whole lot online but when I do I prefer buying from walmart.com over amazon, they have a store right next to the Costco we go to, so I can order ship to store with no minimum. I prefer being able to return stuff for any reason in person, so never have used amazon much. I will look anyw...
by jeffyscott
Tue Feb 07, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Help! Savers credit for taxes
Replies: 5
Views: 1014

Re: Help! Savers credit for taxes

Saver's credit is magical, if you hit the correct income. I am reducing our AGI to $37,000 this year with deductible IRA because of the saver's tax credit. The credit will reduce taxes to $0, but if we contributed $1 less to deductible IRA then taxes would jump to $833. This is because the saver's c...
by jeffyscott
Tue Feb 07, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Help understanding W4 allowances
Replies: 14
Views: 1267

Re: Help understanding W4 allowances

You can't legally just put any number you want on your W4s. The form says: Two earners or multiple jobs. If you have a working spouse or more than one job, figure the total number of allowances you are entitled to claim on all jobs using worksheets from only one Form W-4. and Under penalties of perj...
by jeffyscott
Fri Dec 30, 2016 1:40 pm
Forum: Personal Consumer Issues
Topic: Carpet "warranty" (Stainmaster)
Replies: 1
Views: 310

Carpet "warranty" (Stainmaster)

We had new carpeting installed in all carpeted areas of our house 17 months ago. The Stainmaster warranty states: To qualify for coverage under all limited warranties outlined in this warranty brochure, you must have had hot water extraction cleaning performed by a trained, qualified carpet care pro...
by jeffyscott
Fri Dec 23, 2016 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a real Chip and Pin card?
Replies: 90
Views: 16580

Re: How to get a real Chip and Pin card?

Nope, the implied topic is "...real Chip and PIN credit card" Debit/ATM cards have always had that PIN option, but most merchants would instruct (or allow) you to choose "credit" and then sign with a debit card rather than using PIN. Locally Woodman's accepts no credit cards and ...
by jeffyscott
Sat Dec 17, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Branch from our tree fell on neighbor's house ??
Replies: 60
Views: 5796

Re: Branch from our tree fell on neighbor's house ??

IMO, that's another reason why the OP has no responsibility to pay anything, the OP had nothing to do with the neighbor's choice of deductible. Neighbor should've chosen $0 deductible, if neighbor wanted to pay $0.
by jeffyscott
Sat Dec 17, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Branch from our tree fell on neighbor's house ??
Replies: 60
Views: 5796

Re: Branch from our tree fell on neighbor's house ??

I believe this is (and will be) a neighbor "relationship" matter. Earlier this year, he raised some legitimate concerns about some overhanging branches from these two trees and, in response, we did have the tree(s) trimmed to address his legitimate concerns. He is actually more "atte...
by jeffyscott
Fri Dec 16, 2016 9:38 am
Forum: Investing - Theory, News & General
Topic: "How a Second Grader Beats Wall Street" -- A Gem
Replies: 79
Views: 18604

Re: "How a Second Grader Beats Wall Street" -- A Gem

Using past 10 year data is far to short to draw any conclusion. Paul And actually, the recent 10 year out-performance of US stocks really all occurred over just the past 6 years. Per M* growth of $10,000 chart, from 12/16/2006 to 12/15/2010 VFINX and VGTSX performed about the same, the S&P 500 ...
by jeffyscott
Fri Dec 09, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses - Costco Changed Policies - Help!
Replies: 51
Views: 27141

Re: Eyeglasses - Costco Changed Policies - Help!

For equivalent progressive lenses, that site is about $100 more than Costco in my case...or make it about $80, since I had to pay an $18 extra fee at Costco. My comparison was digital/hd progressive with 1.67 material and premium AR, which were $169 at Costco or $187 with the $18 fee.
by jeffyscott
Mon Dec 05, 2016 9:19 am
Forum: Personal Finance (Not Investing)
Topic: W4 Allowance Rules
Replies: 6
Views: 642

Re: W4 Allowance Rules

IRS actually does not allow this. IRS review of your withholding. Whether you are entitled to claim a certain number of allowances or a complete exemption from withholding is subject to review by the IRS. Your employer may be required to send a copy of the Form W-4 to the IRS. There is a penalty for...
by jeffyscott
Tue Nov 22, 2016 8:43 am
Forum: Personal Consumer Issues
Topic: Turn off water heater on vacation?
Replies: 93
Views: 34855

Re: Turn off water heater on vacation?

Right, the reason I turn water heater to "pilot" is not primarily to save the cost of keeping that tank of water hot. I do it because I turn the water off to avoid the potential damage from a leak anywhere in the house. Should our 20 year old water heater be the thing that leaks, I don't w...
by jeffyscott
Sun Nov 20, 2016 10:04 am
Forum: Personal Consumer Issues
Topic: Turn off water heater on vacation?
Replies: 93
Views: 34855

Re: Turn off water heater on vacation?

No ice maker but something else that may or may not be an issue is a water softener. I now unplug that too, as I don't know what the impact of it calling for a regeneration cycle with water off would be. It's demand based, but could potentially call for regeneration the night after we leave. It also...
by jeffyscott
Sat Sep 10, 2016 8:07 am
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 14700

Re: Re:

let's assume a frugal BH in the accumulating phase who observes that everything is under control how do you suggest she determines the budget (discretionary+essential) she'll need in retirement? I take current spending (or income) and adjust for things that will change significantly and for unusual...
by jeffyscott
Sun Jul 31, 2016 2:11 pm
Forum: Personal Consumer Issues
Topic: New Tipping Practice?
Replies: 130
Views: 7553

Re: New Tipping Practice?

My impression is that younger people (under 30) always pay with a CC, and usually tip at these walk-up counter places. I could be mistaken, but this is what I have observed. Perhaps this is in solidarity and with acknowledgment that wages for these jobs just aren't cutting it. I'm twenty two, and w...
by jeffyscott
Sun Jul 31, 2016 9:26 am
Forum: Personal Consumer Issues
Topic: New Tipping Practice?
Replies: 130
Views: 7553

Re: New Tipping Practice?

I lived in Europe and Asia for many years, where tipping is not a practice. I am totally against tipping and my wife and I find it so aggravating, that we hardly ever eat out. Just returned from three weeks in Italy, excellent service and no tips expected The difference is that in the rest of the c...
by jeffyscott
Sun Jul 31, 2016 6:55 am
Forum: Personal Consumer Issues
Topic: New Tipping Practice?
Replies: 130
Views: 7553

Re: New Tipping Practice?

I would like those who want to own and run a business to decide what their employees should be paid (subject to a reasonable minimum wage for all workers) and what the price of their product should be in order to cover those wages. I don't want to do it and I don't have sufficient information to do ...
by jeffyscott
Sat Jul 30, 2016 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Insure Home for less than replacement value
Replies: 15
Views: 1093

Re: Insure Home for less than replacement value

The best thing to do is take advantage of various guaranteed RC benefits, such as 20% more than your building coverage amount. Companies require you to adhere to their value estimate to get this coverage, but you should negotiate the coverage down as much as possible on which the premium is based, ...
by jeffyscott
Sat Jul 30, 2016 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Actual SWR when considering mortgage principal payments
Replies: 16
Views: 1239

Re: Actual SWR when considering mortgage principal payments

I would just subtract the balance of the mortgage from your assets, as if you had paid off the mortgage. For example $1 million portfolio, $200,000 mortgage = $800,000 net assets available to fund retirement, thus assuming a 4% SWR means you can spend $32,000 per year (while not counting mortgage pa...
by jeffyscott
Sun Jul 17, 2016 11:08 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

Even though I am close to 30/70, I don't believe that everyone who thinks that a 75% decline is an event that could happen should base their allocations on being able to rebalance into such a decline. Nor do I believe that 30/70 would be appropriate for someone who fears that -75% could occur, but ...
by jeffyscott
Sun Jul 17, 2016 9:05 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

If the investor is afraid that stocks could still drop another 50%, this means that he should have anticipated a possibility of stocks losing 75% of their value before the downturn and set his asset allocation appropriately . Maybe you just worded that poorly, but whether one is afraid of it or not...
by jeffyscott
Sun Jul 17, 2016 6:15 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

In any case, we now have assets far beyond our needs and wants and any conflict would be between ability and willingness to take risk. Our need to take risk is essentially now 0. :moneybag I am in a similar situation (although I won't use the term far beyond just yet), our retirement is assured unl...
by jeffyscott
Sat Jul 16, 2016 10:27 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I read recently that with dividends and deflation, in real terms 1929 investors actually became whole again in 1938. Also, that the longest period of stocks remaining underwater was a dozen years or so that included the big bad bears and inflation of the 1970s. When you are retired and living off y...
by jeffyscott
Fri Jul 15, 2016 7:50 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I'm fully aware of the financial disaster that was the Great Depression. I just choose to assume (using Klango's term) that it will not happen again during my investing lifetime. If others wish to insure against it by placing ridiculously high allocations in "safe" investments, then more ...
by jeffyscott
Fri Jul 15, 2016 7:23 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

The Damodaran data I linked to shows total return for S&P down 35% at the end of 1941 compared to end of 1928. Only annual returns are provided, so don't know about intra-year returns. Shiller has monthly data. In 1929 the decline was about 1/3 in the last quarter of the year. So instead of the...
by jeffyscott
Thu Jul 14, 2016 2:44 pm
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

Yes, I'm sure everything was just fine from 1929 on, if one could just find a different stock index history.

Aha, there it is a mere 86% decline, not 89% like that lying dow index had.
http://www.nbcnews.com/id/37740147/ns/b ... 4frIuhOlDs
by jeffyscott
Thu Jul 14, 2016 7:03 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I don't believe that even a severe recession occurring during a period of extreme inefficiency in the market (i.e. irrational exuberance) could result in a 50% drop lasting 10 years. I'm sure folks in 1929 didn't believe that what did happen could happen either. DJIA decline of about 89%, recovery ...
by jeffyscott
Tue Jul 12, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I disagree. We were at 50/50, the decline in stocks was far more than 40% and who's to say it might not have gone to -80%. As it happened we remained at 50/50, but I was not about to ruin my retirement plans to satisfy some sort of asset allocation purity test by continuing to buy into a declining ...
by jeffyscott
Mon Jul 11, 2016 7:09 pm
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

Your solution is to a problem that you created yourself by having your AA to high. Try this: Start with an AA you are comfortable with say 50/50 and make a guess as to the maximum equity bear - say that's 40%. I disagree. We were at 50/50, the decline in stocks was far more than 40% and who's to sa...
by jeffyscott
Mon Jul 11, 2016 4:27 pm
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 8990

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

This is a bit like a "2-bucket" approach. I am using a modified 2-bucket because I will be self-funding my retirement from age 62 to (at least) 66.5. A bad sequence-of-returns during those years could really destroy my portfolio. I will be setting aside a year in cash, 2 years in ST bonds...
by jeffyscott
Sun Jul 10, 2016 3:20 pm
Forum: Personal Consumer Issues
Topic: Would I be crazy to consider buying a used TDI? [Volkswagen Jetta diesel]
Replies: 16
Views: 2022

Re: Would I be crazy to consider buying a used TDI?

Yes, no rust on my wife's 11 year old Jetta, while my Mazda6 had it's first rust spot before it was 9 years old. Since we put few miles on, how the body holds up is important, as it'll probably be 20 years old before hitting 100,000 miles. We take it to a shop and give them money, so could not care ...
by jeffyscott
Sun Jul 10, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: Would I be crazy to consider buying a used TDI? [Volkswagen Jetta diesel]
Replies: 16
Views: 2022

Re: Would I be crazy to consider buying a used TDI?

In what way are VWs "a pain to maintenance"? Or did you just mean a pain for the DIYer? We've had ours for 11 years, maintenance needed has been about the same as any other car would need over 11 years and about 70,000 miles. Only one repair post warranty, a purge valve and new gas cap for...
by jeffyscott
Sun Jul 10, 2016 9:38 am
Forum: Personal Consumer Issues
Topic: Simpliest Maintenance Single Family Home (AZ)
Replies: 24
Views: 2602

Re: Simpliest Maintenance Single Family Home (AZ)

Just a thought----there is a BIG difference between landscaping and home maintenance issues in southern Arizona (say Tucson) than there is in, for example, in northern Arizona (say Flag)................ The difference is mainly altitude not latitude, though. Flagstaff being 6000 feet higher is what...
by jeffyscott
Sun Jul 10, 2016 7:58 am
Forum: Personal Consumer Issues
Topic: Would I be crazy to consider buying a used TDI? [Volkswagen Jetta diesel]
Replies: 16
Views: 2022

Re: Would I be crazy to consider buying a used TDI?

My biggest fear is potential reliability concerns. IMO, while reliability differences may be real the significance of them is blown way out of proportion to reality by most buyers. The net result being that people overpay for incrementally better reliability. To me both new and used Hondas and Toyo...
by jeffyscott
Sun Jul 10, 2016 7:30 am
Forum: Personal Consumer Issues
Topic: Car financing choice.
Replies: 11
Views: 1194

Re: Car financing choice.

This makes the 0% interest not free. Effectively, you are borrowing $35,000 and your payments total $37,500, which is about a 4.5% interest rate, and that is no longer a good deal. I do NOT agree with your calculation of 4.5% equivalent rate. I believe it is about 2.5% It's 2.75%. $37,500 divided b...

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