Search found 2186 matches

by munemaker
Mon Dec 11, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 193
Views: 14280

Re: [Prevent mail theft; sign for USPS Informed Delivery]

When I first signed up for informed delivery I was getting the emails every day at about 8 AM which was pefect timing. Then I started getting them at 10 AM. Now they're coming in the afternoon, yesterday it was at about 3 PM, not long before the actual delivery! You do not have to go to the email. ...
by munemaker
Mon Dec 11, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 134
Views: 14999

Re: MoviePass-Too good to be true, but it's legit.

engineer1969 wrote:
Mon Dec 11, 2017 5:01 pm

If you go see the same move 10 times I suspect they'd be interested in that too.
Someone may be interested in knowing if someone goes to see the same movie 10 times, but they will not find that information through MoviePass. MoviePass will only pay for you to view a movie one time.
by munemaker
Mon Dec 11, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 34
Views: 2036

Re: Can/Should early retiree avoid ACA tax credits?

I am puzzled that OP would think that legally and properly utilizing a government program would be a moral problem. Part of the justification for ObamaCare was to help early retirees. Minimizing your income to optimize ACA subsidy is not without a cost. You could be taking capital gains in your taxa...
by munemaker
Sun Dec 10, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Help with ACA problem
Replies: 7
Views: 771

Re: Help with ACA problem

Is she intentionally misrepresenting her income?
by munemaker
Fri Dec 08, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: FTIPX vs VTIAX
Replies: 4
Views: 368

Re: FTIPX vs VTIAX

Jermbo wrote:
Fri Dec 08, 2017 8:36 pm
These are both Total International Market funds and I thought they were supposed to be very similar. Why then would FTIPX be down 1.14% and VTIAX be up 0.64% today? Am i missing something?
Ftipx is ex dividend today. Every world market was up except Chile.
by munemaker
Fri Dec 08, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 64
Views: 3538

Re: I am buying a car: Most/Least Reliable Makes?

You could add Jeep and Fiat to the bottom if you like.
by munemaker
Fri Dec 08, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Executor responsibilities
Replies: 44
Views: 2823

Re: Executor responsibilities

It is just one of my pet peeves that the whole probate/estate thing is "spun" so that everyone thinks that they have to have legal assistance. In my one experience they wanted 5K to fill out about 12 simple forms. I would just caution everyone to evaluate the situation and see if they help before t...
by munemaker
Fri Dec 08, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3432

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

Some people do take RMDs in kind, I understand. So you are saying you can take in kind and just keep track of amount of shares or transfer them(shares) from the IRA to a non-tax sheltered account? sounds easier than selling in the IRA and re buying in the taxable account. I thought that any shares ...
by munemaker
Fri Dec 08, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: 840 credit score Million dollar farm.. low income cannot get Heloc?
Replies: 64
Views: 4313

Re: 840 credit score Million dollar farm.. low income cannot get Heloc?

Friend of family (no computer skills) has high credit score, million dollar property (farm) and a very small remaining mortgage that is coming due in a few months. Income is ~50K per year from buying selling antiques.. His feedback is no bank will allow him a HELOC (Home equity line of credit).. to...
by munemaker
Fri Dec 08, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3432

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

Some people do take RMDs in kind, I understand. So you are saying you can take in kind and just keep track of amount of shares or transfer them(shares) from the IRA to a non-tax sheltered account? sounds easier than selling in the IRA and re buying in the taxable account. I thought that any shares ...
by munemaker
Fri Dec 08, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3432

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

What did you do with the money from your first RMD? You do not have to take money. You can just transfer the investment from TIRA to taxable. For example, if you hold VTSAX in your IRA, you can just transfer it to taxable. This is no different than selling the holding in the TIRA and using the mone...
by munemaker
Fri Dec 08, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3432

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

bighatnohorse wrote:
Thu Dec 07, 2017 8:56 am
What did you do with the money from your first RMD?
You do not have to take money. You can just transfer the investment from TIRA to taxable. For example, if you hold VTSAX in your IRA, you can just transfer it to taxable.
by munemaker
Fri Dec 08, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Personal capital allocation tool problem
Replies: 6
Views: 521

Re: Personal capital allocation tool problem

You can do that by editing the linked checking account. The left pane that has a list of all your accounts shows a pencil when you hover over each account. If you click on that pencil you'll see a checkbox labeled "Group with Investment Accounts". This options makes the account part of your portfol...
by munemaker
Fri Dec 08, 2017 9:56 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6984

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

No disrespect to Jack, but the "experts" have been predicting negative returns in bonds for the past 5 or 6 years and low stock returns for the last year or two. Hasn't happened as predicted. Sure, if you keep forecasting a poor returns, you will be correct eventually. Even a broken watch is right ...
by munemaker
Thu Dec 07, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8239

Re: Growing Number of Electric Vehicles

I have not seen any electric cars in our area (NW PA), so I don't think we will be affected any time soon. Well, I did once see a Tesla here, but only once. This is very interesting. I walked two blocks to Starbucks Sunday morning and saw 3-4 Tesla’s. They are all over Chicago. Occasionally I do se...
by munemaker
Thu Dec 07, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Personal capital allocation tool problem
Replies: 6
Views: 521

Re: Personal capital allocation tool problem

I have thought about this. I think the reason they have it set up this way is if you use their services, they manage your investments and charge a percentage fee. They don't manage your bank account and they do not charge a fee on it.

Just a guess. I don't know for sure.
by munemaker
Thu Dec 07, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Executor responsibilities
Replies: 44
Views: 2823

Re: Executor responsibilities

The will does not really apply to assets with beneficiaries, so the probate process was avoided. Consider whether the estate could be liable for federal estate tax or state inheritance tax. File final state and federal income tax returns. This is not nearly as difficult as some people make it out to...
by munemaker
Thu Dec 07, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6984

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

Folks with 401(k)s and 403(b)s and IRAs aren't spending them down anyways. If you are living off of your own investments, it is highly unlikely you can spend down your portfolio. You should plan financially to live to at least your nineties, and the average longevity is mid eighties. If you have mo...
by munemaker
Thu Dec 07, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8239

Re: Growing Number of Electric Vehicles

I have not seen any electric cars in our area (NW PA), so I don't think we will be affected any time soon.

Well, I did once see a Tesla here, but only once.
by munemaker
Thu Dec 07, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6984

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

No disrespect to Jack, but the "experts" have been predicting negative returns in bonds for the past 5 or 6 years and low stock returns for the last year or two. Hasn't happened as predicted. Sure, if you keep forecasting a poor returns, you will be correct eventually. Even a broken watch is right t...
by munemaker
Thu Dec 07, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5297

Re: What do Bogleheads say when they don't want to spend money?

miamivice wrote:
Thu Dec 07, 2017 2:32 pm
Question for you...

I'm wondering what others say?
I say "No thank you."
by munemaker
Thu Dec 07, 2017 4:25 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1542

Re: Okay come clean....How man people share passwords for streaming services?

My wife uses my Amazon Prime account for purchases. Does it really matter if she buys things on Amazon or if she sits next to me and tells me what to click on? So we are paying for Amazon Prime once, but multiple parties are using it. My second cousin Billie Bob reads the Wall Street Journal for ne...
by munemaker
Tue Dec 05, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 65
Views: 8310

Re: 2018 Subaru Outback

Don't most German cars use oil? Never owned one, but talking to people who have, it seems to be the norm. Owned about 18 German brand cars since 1975, with the exception of a couple of the 2002s, none of them burned oil. The current ride, 2009 Sportwagen with the 2.0 TFSI motor, goes 10,000 miles b...
by munemaker
Tue Dec 05, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Book: "A Concise Guide to Taxes in Retirement" x Bruce Larsen
Replies: 9
Views: 1398

Re: Book: "A Concise Guide to Taxes in Retirement" x Bruce Larsen

I have not read the book, but I appreciate you mentioning it. I will probably buy the Kindle edition. If you want to know what others think of the book, you can go to Amazon and look at the 15 reviews. It is highly rated and there are supporting comments. Yeah, I saw those, but not knowing anything...
by munemaker
Tue Dec 05, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why ORP-I suggests you spending down aft-tax saving 1st?
Replies: 29
Views: 2186

Re: Why ORP-I suggests you spending down aft-tax saving 1st?

You generally want to spend your money in the way that gives you the maximal amount of spendable money. That is rarely selling taxable first. It is also rarely selling taxable first. In general it is some blend between both taxable and tax deferred that depends on current and future income expectat...
by munemaker
Tue Dec 05, 2017 7:22 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 65
Views: 8310

Re: 2018 Subaru Outback

Many owners complain about using a quart of oil between changes ... How many miles to an oil change? On my CR*V, the oil change is about 12,000 miles (per the "maintenance minder"). Adding a quart every month or two would not be a big deal to me. Don't most German cars use oil? Never owned one, but...
by munemaker
Tue Dec 05, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 65
Views: 8310

Re: 2018 Subaru Outback

I am seriously considering purchasing a 2018 Outback to replace my 2010 Accord. It certainly fits my lifestyle of hauling big dogs around better than a sedan! I wanted to get some feedback on here from anyone who has a newer model. Thanks! Jeep Grand Cherokees are infinitely superior to any Subaru....
by munemaker
Tue Dec 05, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why ORP-I suggests you spending down aft-tax saving 1st?
Replies: 29
Views: 2186

Re: Why ORP-I suggests you spending down aft-tax saving 1st?

To me , it seems good to spend down tax-deferred to reduce the future RMD. Plus Roth conversion if the total withdraw plus conversion is below certain tax bracket. Leave aft-tax asset alone for emergency or some other purpose. The advantage of tax deferred is the money you would have spent on taxes...
by munemaker
Tue Dec 05, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2348

Re: Medicare and retirement for high earner

So IRMAA counts your last two year MGI. If you start take medicare at 65, you need to planning at 63. Single $85000, Married $170000. Let assume your MGI=RMD+SS+Pension+Dividend Cap gain+Roth Conversion. Thanks OP for the story. As someone who plans my whole life (till something changes :D ), I'd s...
by munemaker
Tue Dec 05, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2348

Re: Medicare and retirement for high earner

You should read the book "Medicare for Dummies" so you understand how the system works. Also, Medicare has a free book that you can download "Medicare and You." Do your own planning and don't depend so much on others. No one cares about your best interests as much as you do. Also, read this link "Me...
by munemaker
Tue Dec 05, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Book: "A Concise Guide to Taxes in Retirement" x Bruce Larsen
Replies: 9
Views: 1398

Re: Book: "A Concise Guide to Taxes in Retirement" x Bruce Larsen

I have not read the book, but I appreciate you mentioning it. I will probably buy the Kindle edition.

If you want to know what others think of the book, you can go to Amazon and look at the 15 reviews. It is highly rated and there are supporting comments.
by munemaker
Mon Dec 04, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is This How the ACA Can Help Me?
Replies: 10
Views: 983

Re: Is This How the ACA Can Help Me?

One interesting wrinkle this year is that Silver plans seem to be offer the least value (at least where I live). I can actually get a much better Gold plan for a lower premium than a Silver plan. The Gold plan has lower deductibles and lower Maximum Out of Pocket, but costs less than the Silver pla...
by munemaker
Mon Dec 04, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand the ACA Cliff
Replies: 21
Views: 1619

Re: Help me understand the ACA Cliff

rec7 wrote:
Mon Dec 04, 2017 8:56 am
From what I can tell it looks like a very gradual cliff as your income goes up.
When you hit 400% of Federal Poverty Level (FPL), you reach the cliff, and there is nothing gradual about it.
by munemaker
Mon Dec 04, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand the ACA Cliff
Replies: 21
Views: 1619

Re: Help me understand the ACA Cliff

It all depending on the income. then how do we define income? We understand that SS is an income? Is dividend/interest an income? Is stock gain an income? For ObamaCare, income is defined as MAGI (modified adjusted gross income). Take your AGI (adjusted gross income), the last line on form 1040 fro...
by munemaker
Mon Dec 04, 2017 12:48 pm
Forum: Personal Consumer Issues
Topic: Understanding the World of Credit Card "Points"
Replies: 60
Views: 3319

Re: Understanding the World of Credit Card "Points"

If you want to know about credit card bonuses, see the doctor:

https://www.doctorofcredit.com/credit-cards/
by munemaker
Mon Dec 04, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand the ACA Cliff
Replies: 21
Views: 1619

Re: Help me understand the ACA Cliff

If one man makes 48k and a second man makes 49k is the difference that much with the ACA? Yes, the amount is "that much" and exactly how much depends partly on where you live. Here is a good article on optimizing the ObamaCare subsidies: http://gocurrycracker.com/obamacare-optimization-vs-tax-minim...
by munemaker
Sun Dec 03, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 23
Views: 2198

Re: Social Security Spousal Benefit

It is worth running the situation through SS Analyze from Bedford Capital:

http://www.bedrockcapital.com/ssanalyze/
by munemaker
Sat Dec 02, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 5865

Re: The 4% rule, Firecalc and Human Nature

Human nature is that most of us are not going to spend the full 4% during a sharp downturn. Most of us are going to apply the brakes during a downturn and reduce our spending. If you are generally following the 4% rule and lighten up your spending during a downturn, your chances of success are obvio...
by munemaker
Sat Dec 02, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Thankful for the Debt we Took - Should we Try Again?
Replies: 95
Views: 8885

Re: Thankful for the Debt we Took - Should we Try Again?

Buying equities with borrowed money is a great idea! What could possibly go wrong?
by munemaker
Sat Dec 02, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: Podcasts for Bogleheads?
Replies: 14
Views: 2042

Re: Podcasts for Bogleheads?

I like the Dough Roller.

Also listen to Nightly Business Report on podcast when I can't catch it live.
by munemaker
Sat Dec 02, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 97
Views: 7816

Re: GE - a good value?

There is a a lot written about Jack Welch... Yah...Google "Neutron Jack." https://www.investopedia.com/ask/answers/09/neutron-jack-welch-ceo-general-electric-ge.asp The called him "Neutron Jack" because, like the aftermath of a neutron bomb, the buildings were still there but the people were gone.
by munemaker
Sat Dec 02, 2017 5:31 am
Forum: Personal Finance (Not Investing)
Topic: Mint.com or PersonalCapital.com
Replies: 11
Views: 1009

Re: Mint.com or PersonalCapital.com

To answer your question, I use Personal Capital for expenses and investments. Mint might be a little better on the expense side, but PC is good enough for me. I am not skeptical of these free tools and like storing the information in the cloud. I do not mind the occasional call from PC and simply te...
by munemaker
Thu Nov 30, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25849

Delaying SS until 70 is the best longevity insurance

Delaying SS until 70 is the best longevity insurance you can buy: Waiting until age 70 to claim your social security benefits is the equivalent of buying greater benefits for the cost of not receiving them in the earlier years. If you can possibly afford it, this is a very good buy. You can increase...
by munemaker
Thu Nov 30, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3084

Re: What can we learn from BitCoin’s surge?

What can we learn?

Ignore the noise!
by munemaker
Thu Nov 30, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11040

Re: After financial independence, do you lose motivation for work?

People who have a good work ethic before FI continue to have a good work ethic after. Those who slacked before will lose what little motivation they had. I disagree. I was a good little worker bee until last year, when I realized I could FIRE. Everyone wanted me on their project. Now I am a slacker...
by munemaker
Thu Nov 30, 2017 3:42 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11040

Re: After financial independence, do you lose motivation for work?

People who have a good work ethic before FI continue to have a good work ethic after. Those who slacked before will lose what little motivation they had. But doesn't it take work ethic to even get to FI, assuming it's not through inheritance/lottery/etc? Not necessarily. Some people are in protecte...
by munemaker
Thu Nov 30, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11040

Re: After financial independence, do you lose motivation for work?

People who have a good work ethic before FI continue to have a good work ethic after.

Those who slacked before will lose what little motivation they had.
by munemaker
Wed Nov 29, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9304

Re: Why should I donate to my alma mater?

My alma mater never gave me a dime when I was attending. My parents paid 100% of full sticker price. As a result, I choose not to donate anything to them.
by munemaker
Mon Nov 27, 2017 5:12 pm
Forum: Personal Consumer Issues
Topic: Google Project Fi - "Device Protection" problem
Replies: 20
Views: 1087

Re: Google Project Fi - "Device Protection" problem

I ran across this, which is odd in that it is posted as a "Sample": https://fi.google.com/about/device-protection-terms/ Interesting. This provides them with a lot of outs. I don't ever remember seeing this document or a link to it. Possibly I could have clicked through accepting the terms and cond...
by munemaker
Mon Nov 27, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Google Project Fi - "Device Protection" problem
Replies: 20
Views: 1087

Re: Google Project Fi - "Device Protection" problem

OP here. Received the Moto X4 today (at my expense); will activate this afternoon. Sending the Nexus 5X back and Google's insurance company is supposed to send me $59 when they receive it. Spent a couple hours putting my case together for the complaint to PA Attorney General's office. Had my wife p...