Search found 57 matches

by math22
Wed Mar 14, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Maryland property tax
Replies: 3
Views: 448

Maryland property tax

This question is for people who live in Maryland. I would like to know if the deduction that I got on my Maryland taxes for the property tax I paid for my house looks correct. I could not find the info in the comptroller's site. I pay about $8K in property taxes but got only $280 in MD tax deduction...
by math22
Mon Mar 05, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Why the domestic stock market has outperformed international
Replies: 6
Views: 979

Why the domestic stock market has outperformed international

Why the US stock market has dramatically outperformed the international stock market over the past 5 years? VTI has a total gain of 73% while VXUS has a total gain of 16% over the past 5 years. The world's economy is very globalized, I imagine that European/Asian companies do profit from US market b...
by math22
Sun Feb 11, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Do Muni ETFs have a 6 month requirement to be tax exempt?
Replies: 1
Views: 283

Do Muni ETFs have a 6 month requirement to be tax exempt?

Is it true that you have to hold a muni ETF (like MUB or VTEB) for at least 6 months to have the dividends tax exempt? I remember reading that here in this forum I guess.
by math22
Mon Dec 18, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Joint Revocable Trust
Replies: 2
Views: 287

Real Estate Joint Revocable Trust

Could someone please clarify what are the advantages and disadvantages of putting one's house as part of a Joint Revocable Trust. I have a few neighbors that have their house listed as belonging to a Joint Revocable Trust on their names. Is this done to protect one against law suits (asset protectio...
by math22
Sat Dec 16, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is this dividend correctly reported by the mutual fund ?
Replies: 2
Views: 378

Is this dividend correctly reported by the mutual fund ?

I own FSTVX (fidelity total market) and it is reporting $2K in non-qualified dividends. 90% of my current position in the fund I have held for more than a year. I bought another 10% a month ago. Should 90% of the 2K dividend be reported as qualified and 10% as non-qualified? Or is it all non-qualifi...
by math22
Thu Oct 19, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Political/Legislative risks of Munis
Replies: 10
Views: 873

Re: Political/Legislative risks of Munis

We aren’t really supposed to talk about hypothetical political actions around here, but I’ll just answer that it is highly unlikely they lose their tax exempt status. What is more possible is as more tax free and tax deferred investment options come about, or if tax rates go down, the tax free muni...
by math22
Thu Oct 19, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Political/Legislative risks of Munis
Replies: 10
Views: 873

Political/Legislative risks of Munis

I have most of my bond allocation ($600K+) in Muni Funds (makes financial sense for my tax bracket) like FLTMX. I understand the risk of rate changes and how they affect the value of the muni fund. However, I do not know how to measure the risks of lets say legislative changes. For instance, is it p...
by math22
Fri Jul 14, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: If i turn off central AC will it damage drywalls?
Replies: 38
Views: 4297

If i turn off central AC will it damage drywalls?

I have heard from different people that we should keep our house (with central air) somewhat cool even when we are out of the house. We live in a townhouse (3000 sqrft). There are 2 situations that I am interested: 1. During the day while we are all out at work, temperature outside can reach 90-100 ...
by math22
Mon Jun 26, 2017 12:09 pm
Forum: Personal Consumer Issues
Topic: Tax break for house improvements
Replies: 3
Views: 603

Tax break for house improvements

A friend was telling me that he could get tax break on the money that he spent improving a rental property that he owns. Like, he changed the flooring of the house and the amount that he spent on the flooring could be deducted from his rental income. Is this true? If this is true, can you do the sam...
by math22
Tue Jun 20, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Does geico provide a decent homeowners insurance?
Replies: 11
Views: 2314

Does geico provide a decent homeowners insurance?

I am considering buying a homeowners insurance from Geico, any feedback from the ones that own one?
by math22
Mon Jun 19, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 15
Views: 2502

Re: radon test kit

William4u wrote:A quick 10 day test...
https://www.amazon.com/First-Alert-RD1- ... 00002N83E/

A more accurate 6 month test...
https://www.amazon.com/Accustar-Alpha-T ... 001I8A0ZS/

They work well.
Thank you. May I ask how do you know they work well?
by math22
Mon Jun 19, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 15
Views: 2502

radon test kit

Does anyone know of a reliable radon test kit or radon monitor?
by math22
Fri May 19, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Why ETF settlement happens on T+3?
Replies: 22
Views: 2617

Why ETF settlement happens on T+3?

Why ETF (at least in my broker) settles on T+3 days? Also, in general, do brokers allow you to sell your ETF before the settlement of the purchase of that same ETF? I mean, for instance suppose I buy some ETF of 5/10 and it is supposed to settle on 5/13 but I want to sell it on 5/11 (for a profit), ...
by math22
Fri Apr 28, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Grandmother will run out of money after stroke
Replies: 8
Views: 2047

Re: Grandmother will run out of money after stroke

Thank you Beth for your response. She gets about 1K/month in SS but that wont cover her monthly expenses.
by math22
Fri Apr 28, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Grandmother will run out of money after stroke
Replies: 8
Views: 2047

Grandmother will run out of money after stroke

My grandmother had a stroke 2 months ago. She has $50K in savings that will pretty much be used to pay for her rehab facility for the next year or so. She is unable to move by herself so she has to stay in some sort of assisted living. She is 95. After her money runs out and supposing no one in the ...
by math22
Tue Apr 18, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: why bond funds are sharply up today?
Replies: 13
Views: 2602

why bond funds are sharply up today?

Some times it is difficult for me to understand why bonds move up or down.
by math22
Tue Feb 07, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Are junk bonds really as risky as a total market index fund?
Replies: 17
Views: 2304

Are junk bonds really as risky as a total market index fund?

In this forum people say it all the time, that junk bonds are like stocks. I understand the junk bond volatility is much higher than quality bonds and that it does get hit pretty bad when the market is down due to default risks, etc. However, looking at Fidelity's junk fund (SPHIX) and Fidelity tota...
by math22
Mon Feb 06, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is it better to get a mortgage from a local/small lender?
Replies: 27
Views: 3046

Is it better to get a mortgage from a local/small lender?

I am about to get a mortgage for the first time. My real state agent told me to run away from big banks like BA and suggested me to go local with a small lender, that is very reputable, fast, etc etc and that a big bank is the worst thing i could do. Is the agent just trying to push me to "his lende...
by math22
Tue Jan 24, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: After hours trading
Replies: 8
Views: 645

After hours trading

What is the difference compared to regular trading?
Who can trade after hours? Are there extra fees?
by math22
Fri Jan 13, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Retiree health care premium before reaching medicare age
Replies: 17
Views: 1734

Retiree health care premium before reaching medicare age

I am planning to retire at 55. At that age (spouse with similar age) I will still have to provide health insurance for 2 teenagers. I am trying to estimate the monthly premium for a good high deductible health care. I found some info online but wanted to sample here what people pay monthly. I was lo...
by math22
Fri Dec 23, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: How do states that do not have income state taxes survive
Replies: 25
Views: 2602

How do states that do not have income state taxes survive

How a state like Florida that does not have income state taxes make up for the money other states make on income state taxes. Also, is it fair to assume that if i move from NY to FL and say I pay 10% income state taxes in NY and suppose my income remains the same and all my expenses (just suppose th...
by math22
Fri Dec 16, 2016 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: HSA tricky question
Replies: 6
Views: 879

Re: HSA tricky question

the tricky part is that my hsa account did not have funds at the time the medical expenses occurred. I know we can pay the expenses any time in the future but even in this situation?
by math22
Fri Dec 16, 2016 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: HSA tricky question
Replies: 6
Views: 879

HSA tricky question

I started using high deductible health + HSA in 2013. That year i funded it with only $500 but ended up spending $1700 in qualified medical expenses.
Now I have more than 15K in the HSA account. Can I use the receipts from 2013 to get a distribution of $1200?
by math22
Wed Nov 23, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: can i TLH between intermediate muni and long term muni
Replies: 5
Views: 773

Re: can i TLH between intermediate muni and long term muni

OP, You are contemplating exchanging an inter. term fund for a long term fund. The longer duration will have more interest rate risk. This means if/when interest rates rise, your fund will decrease in value more than an inter. term fund. Since it appears that we may be in a rising interest rate env...
by math22
Wed Nov 23, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: can i TLH between intermediate muni and long term muni
Replies: 5
Views: 773

can i TLH between intermediate muni and long term muni

I was trying to harvest a 10K loss in my FLTMX (fidelity itermediate muni) and buy FTABX (fidelity long muni)

Are they substantially different funds such that it wont be a wash sale?
by math22
Tue Nov 15, 2016 3:19 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 16000

Re: Muni bonds are getting killed. Are you bailing out?

Apparently as a consequence of Trump becoming POTUS elect, municipal bonds are getting slammed much worse than corporate bonds and somewhat worse than treasuries. The main factors are reported to be: anticipated lowering of tax brackets, anticipated increase in inflation and an anticipated increase...
by math22
Tue Nov 15, 2016 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge
Replies: 2
Views: 596

Merrill Edge

I have a preferred bank of america account and they give me 100 free trades/month on merrill edge. Does anyone have any bad experience with merrill edge? Is it ok for me to trade/hold ETFs on merrill edge instead of Fidelity? (Fidelity charges me $7 per trade) Any disadvantage of using merrill edge ...
by math22
Wed Nov 09, 2016 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Bought my first individual stock!
Replies: 33
Views: 4666

Re: Bought my first individual stock!

Pre-market: 4.52 -1.42 (-23.91%)
Nov 9, 9:16AM EST

wow... talk about bad timing....
by math22
Tue Nov 01, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: ETF/ishares for gambling
Replies: 2
Views: 399

ETF/ishares for gambling

I searched around and i could not find this information. Do ETFs in general (or ishares in particular) normally have redemption fees if you buy and sell in a short time? I would like to gamble some money. If i purchase ishares and sell it in the next day, do i incur in redemption fees like mutual fu...
by math22
Fri Oct 21, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: can i do TLH between FLTMX and FTABX?
Replies: 4
Views: 571

can i do TLH between FLTMX and FTABX?

I want to sell FLTMX at a loss and buy FTABX. Will this imply in wash sale?
by math22
Fri Oct 14, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: House fully paid. Can I take a mortgage?
Replies: 13
Views: 2088

Re: House fully paid. Can I take a mortgage?

I dont want to refinance. I want to use the money for something else, maybe invest, maybe buy a boat.
by math22
Fri Oct 14, 2016 9:08 am
Forum: Personal Finance (Not Investing)
Topic: House fully paid. Can I take a mortgage?
Replies: 13
Views: 2088

House fully paid. Can I take a mortgage?

If I have fully paid for my house, can I take a mortgage (or some kind of loan) on the house? Will I get worse rates compared to a regular mortgage (suppose a 15 year fix rate mortgage)? Any other differences between a mortgage taken to buy a house versus taking a loan (or mortgage) on the house? th...
by math22
Sat Oct 08, 2016 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: taking a mortgage for the first time
Replies: 12
Views: 1227

taking a mortgage for the first time

I am planning to buy a house for 700K. I have currently 1M in taxable accounts of which only 300K are invested. The rest is in money market/CD. I am thinking about taking a 250K mortgage so that i do not use all the money that is not invested. 1. Should i take the loan? 2. Supposing i take the loan,...
by math22
Tue Oct 04, 2016 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 11806

If i want to invest in gold (metal), what is the best way?

I dont want to buy shares from a specific miner. I am not sure if i want to buy a mutual fund, like FSAGX.
I was looking into this SPDR Gold Trust (ETF)(NYSEARCA:GLD)

What is this ETF gold trust? Do they hold stocks from miners? Or just pure gold?
by math22
Sat Aug 20, 2016 9:47 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 6641

Tips for a 1000 miles car trip with toddler and baby

I am planning to drive from DC to Miami with wife and kids (one 3 years old and one 10 months old) during the Christmas/new years break. We are planning to sleep one night in a hotel somewhere. We will stay 8 days at my wife's parents house and come back also by car. We are doing this for the flexib...
by math22
Thu Aug 11, 2016 9:56 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate 30-day yield for a bond fund
Replies: 2
Views: 487

How to calculate 30-day yield for a bond fund

I am trying to understand how FIDO calculates its 30-day yield for the SPHIX fund. The 7/31 yield is 6.32% Does it take into account he NAV change during the period? I guessed so because based on dividend alone it can not be 6.32%. So i went on to look the NAV prices: The NAV of the fund on 6/30 was...
by math22
Thu Jul 21, 2016 9:37 am
Forum: Personal Consumer Issues
Topic: Negotiating car insurance premium with Geico
Replies: 28
Views: 6504

Re: Negotiating car insurance premium with Geico

Called Geico and the discount for owning BRK is a ridiculous $14 of the 1K I am paying. Will quote around and switch.
thanks.
by math22
Thu Jul 21, 2016 7:36 am
Forum: Personal Consumer Issues
Topic: Negotiating car insurance premium with Geico
Replies: 28
Views: 6504

Re: Negotiating car insurance premium with Geico

Sounds strange. What is your approximate annual cost, car type, and geographic area? Since you have 5-year good driver I assume you are not getting any speeding tickets, etc. I would call them up and ask why you are seeing such large increases for the same coverage. If you are paying like $100/year...
by math22
Thu Jul 21, 2016 7:12 am
Forum: Personal Consumer Issues
Topic: Negotiating car insurance premium with Geico
Replies: 28
Views: 6504

Negotiating car insurance premium with Geico

I have used Geico for the past 10 years for my car insurance. For the past 5 years I noticed the premium went up an average of 8%/year for the same coverage. I have been living in the same address, using the same car. I try to cut down the price on Geico online by lowering some of my coverage items,...
by math22
Tue Jul 05, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: How to negotiate result of big item home inspection
Replies: 54
Views: 5443

Re: How to negotiate result of big item home inspection

I got a contractor to estimate the replacement. Total came up to 16K. Negotiations opened at noon each side had 2h to reply or default. I asked for 16K after presenting the estimate. Seller replied with 5K I asked 13K Seller replied with 7K I asked 11K final or I walk Seller accepted. Result: 11K di...
by math22
Mon Jul 04, 2016 5:27 pm
Forum: Personal Consumer Issues
Topic: How to negotiate result of big item home inspection
Replies: 54
Views: 5443

Re: How to negotiate result of big item home inspection

What I would do would depend on the previous negotiations to get to this point because I would know something about the seller. It could be that I would want them to reduce the price $20,000 or maybe I would just eat the $10,000. Ask price was 825 I offered 790 (i think now i could have gone lower ...
by math22
Mon Jul 04, 2016 4:34 pm
Forum: Personal Consumer Issues
Topic: How to negotiate result of big item home inspection
Replies: 54
Views: 5443

How to negotiate result of big item home inspection

I am buying a house for 800K. I like the house but i am willing to walk away if the seller does not want to match my conditions. The home inspection report declared that the AC unit, furnace and water heater condition are "end of life". I want the seller to pay for a new unit for each of these items...
by math22
Tue Jun 21, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhouse from estate
Replies: 5
Views: 768

Buying townhouse from estate

I am planning to buy a townhouse that happens to be part of a estate. The daughter of the deceased has been living in the house since her mother died 5 years ago. The house is still part of the estate. Is there anything tricky about buying a house in this condition? The real state agent didn't make ...
by math22
Tue Jun 07, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: AMT and Muni bonds
Replies: 1
Views: 337

AMT and Muni bonds

This question is regarding muni bond funds. I would like to know if my understanding below is correct. Is it true that only part of the dividends received from a muni bond fund is subject to AMT? I understood that only what is reported on box 11 of 1099 DIV is subject to AMT. So for instance, if i h...
by math22
Tue Apr 12, 2016 8:05 pm
Forum: Personal Consumer Issues
Topic: Kid/baby Thermometer recomendation
Replies: 9
Views: 931

Kid/baby Thermometer recomendation

I have 3 different thermometers that i use to take my kids temp (3 mo old and 2 years). All 3 have different reading when taking the temperature of the child. Some times the difference is of more than one degree which makes a difference between defining a "fever condition" or not. Does anyone know o...
by math22
Wed Mar 30, 2016 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: FLTMX vs FSITX for taxable account
Replies: 11
Views: 1273

FLTMX vs FSITX for taxable account

This question is which bond to choose for my taxable account. I have about 200K to invest in bonds in my taxable account and i am in the 33% marginal tax for federal. I see very little in this forum about using muni bonds. I was comparing fidelity intermediate muni bonds (FLTMX) vs fidelity US spart...
by math22
Thu Mar 17, 2016 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth to pay for credit monitoring?
Replies: 10
Views: 1444

Is it worth to pay for credit monitoring?

Specifically, does it really catch most (if not all) identity theft?
If you use one, which one do you use, how much does it cost?
by math22
Sun Mar 13, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: My wife has my fidelity password. If i die, can she transfer?
Replies: 25
Views: 3491

Re: My wife has my fidelity password. If i die, can she transfer?

We are both US citizens.
So I understand you are saying we should make each other an authorized user of the other's account to legalize the "sharing" of the account.

By taxes i meant to ask in case there is any taxes due for my wife to use the money in my account after my death.
by math22
Sun Mar 13, 2016 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: My wife has my fidelity password. If i die, can she transfer?
Replies: 25
Views: 3491

My wife has my fidelity password. If i die, can she transfer?

My wife and I have separate fidelity accounts, each with about $500K. I have her password and she has my password. Suppose i die unexpectedly, I would like her to take all the money without having to pay taxes. Is this doable? Can she just login and transfer my money to her account? Or is it illegal...
by math22
Sat Mar 12, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Audiobooks performed by the author
Replies: 12
Views: 1277

Re: Audiobooks performed by the author

lawrence krauss: "a universe from nothing", great book.