Search found 3531 matches

by protagonist
Sun Feb 07, 2016 8:09 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sun Feb 07, 2016 8:09 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sat Feb 06, 2016 11:54 pm
Forum: Personal Consumer Issues
Topic: Alternative to Briggs & Riley Luggage
Replies: 33
Views: 2049

Re: Alternative to Briggs & Riley Luggage

I bought a Briggs and Riley carryon from Amazon at less than half price last year....it was double the price in all other colors. I haven't used it enough to review it though it seems to be of high quality and quite roomy for its dimensions. The lifetime guarantee is definitely worth something. I as...
by protagonist
Sat Feb 06, 2016 11:29 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sat Feb 06, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until a...
by protagonist
Sat Feb 06, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

ACA subsidy depends on your MAGI. If MAGI is < 400% of Federal Poverty Level (FPL), you receive some. Lot of early retirees in situations similar to yours, try to adjust their capital gains and Roth conversions, so they are just lower than 400%. If your expected income after Medicare eligibility is...
by protagonist
Sat Feb 06, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Even though you're sitting on capital gains, perhaps there will be opportunities for you to tax-loss harvest, given the current market volatility. If you don't currently have any losses, you can most likely make them by buying more equity shares now (if your asset allocation allows it), and then mo...
by protagonist
Sat Feb 06, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Medicare starts at age 65 no matter when you start taking SS. The high income adjustment affects your Medicare premium and, just fyi, includes any non-taxable interest your investments throw off. Yes, but I am not making anywhere near $85K in income, which I believe is the cutoff for affecting medi...
by protagonist
Sat Feb 06, 2016 4:10 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Protagonist, You probably need to crunch some numbers. And you need to decide what level of income you want - 199% of poverty, 249%, 399% depending upon what level of subsidy you expect. From some of your later comments it appears your income may be too high to matter much, but for some people they...
by protagonist
Sat Feb 06, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

. Protagonist, It sounds like you have a basic understanding, but do remember that if you have appreciated stocks that you would be selling otherwise for rebalancing reasons, you should use them for income before using Traditional IRA withdrawals for income. Say you would normally sell $10,000 of s...
by protagonist
Sat Feb 06, 2016 11:33 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Be aware that there's an income effect on your Medicare premiums if your income goes up to certain levels. If your income goes up for just one year you'll only pay the higher premium a year or two later. It may or may not be more than the loss of your ACA subsidy. https://www.ssa.gov/pubs/EN-05-105...
by protagonist
Sat Feb 06, 2016 11:22 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

I am in my early 60s and have considerable capital gains (100% plus) on equities in a taxable account dating back many years. I do not want to sell these equities until I am eligible for Medicare because of concerns that the capital gains will make me ineligible for Obamacare. The loss of affordabl...
by protagonist
Sat Feb 06, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Do not feel compelled to realize any LTCG from my long-standing pre-Boglehead taxable mutual funds at this time. Certainly not prior to Medicare eligibility (age 65). That also applies to Roth conversions--which would also impact ACA subsidy availability. Fully willing to "Don't just do someth...
by protagonist
Sat Feb 06, 2016 10:45 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Re: Impact of Obamacare on investment decisions

Be aware that there's an income effect on your Medicare premiums if your income goes up to certain levels. If your income goes up for just one year you'll only pay the higher premium a year or two later. It may or may not be more than the loss of your ACA subsidy. https://www.ssa.gov/pubs/EN-05-105...
by protagonist
Sat Feb 06, 2016 6:59 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2554

Impact of Obamacare on investment decisions

I am in my early 60s and have considerable capital gains (100% plus) on equities in a taxable account dating back many years. I do not want to sell these equities until I am eligible for Medicare because of concerns that the capital gains will make me ineligible for Obamacare. The loss of affordable...
by protagonist
Sat Feb 06, 2016 6:12 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

A good 3-year CD (2.5%) is now being offered at the following at Transportation FCU: https://www.depositaccounts.com/blog/2016/02/transportation-fcu-offers-limitedtime-toprate-3year-cd.html With the above newly available 3-year CD, I am wondering if it is better to go with the above 3-year CD or 5-...
by protagonist
Fri Feb 05, 2016 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

A good 3-year CD (2.5%) is now being offered at the following at Transportation FCU: https://www.depositaccounts.com/blog/2016/02/transportation-fcu-offers-limitedtime-toprate-3year-cd.html With the above newly available 3-year CD, I am wondering if it is better to go with the above 3-year CD or 5-...
by protagonist
Fri Feb 05, 2016 10:26 am
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1675

Re: IRA Advice For 18yo

OK, Duloc, I will concede you make a good point, this diligent 17 y o OP should start learning to save now. But I would suggest a compromise. Rather than putting the $1000 towards his/her retirement, he/she should save for a trip to Europe after sophomore year. With any luck he/she can turn the $10...
by protagonist
Thu Feb 04, 2016 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1675

Re: IRA Advice For 18yo

Welcome!! OK, after all this input from your superego, here is the voice of your id speaking. You are 17. Do you have a ton of dispensible cash? Because if not, and you plan to be a starving student for the next 4 to 10 plus years like most of us were, maybe you want to spend your $1000 on whatever...
by protagonist
Thu Feb 04, 2016 11:26 am
Forum: Personal Finance (Not Investing)
Topic: 45% of Income On Rent
Replies: 39
Views: 2608

Re: 45% of Income On Rent

I would normally not put myself in this situation, and would follow the general line of equal to or less than 30% of your income. However a situation has risen where I no longer have a roommate. I'm trying to make a rational decision on this, so here are the facts. Moving forward here is what my fi...
by protagonist
Thu Feb 04, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: The Coming Boglehead Zombie Apocalypse (LED bulbs)
Replies: 68
Views: 5138

Re: The Coming Boglehead Zombie Apocalypse (LED bulbs)

Being a Boglehead, I bought the cheapest LED light bulbs ... I now look like the walking dead. I gotta have some of those...where did you get them? Google your state energy program. Where I live (MA), consumers of MA energy are entitled to buy 12 bulbs per year at significantly reduced prices, and ...
by protagonist
Thu Feb 04, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 207
Views: 10486

Re: Do you pay for exercise?

When I successfully lost about 55 pounds five years ago in an 11 month period (and have kept it off) I took the "approach" that I did NOT (and still do not) "count calories". On the other hand I recognized (and still reconnize) that "calories count". While that may see...
by protagonist
Thu Feb 04, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 64
Views: 10061

Re: Retirement - Ten key years + Summary

Think about minimizing unnecessary expenses if you are living on a fixed income, such as: -Pulling the plug on cable and get your TV via internet instead. -Get rid of expensive cell phone plan and go with an MVNO -If you travel, figure out how to get free flights and hotel stays via credit card chur...
by protagonist
Thu Feb 04, 2016 7:42 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 207
Views: 10486

Re: Do you pay for exercise?

There is a bit of magical thinking about gyms that many people are subject to; I've experienced it myself. You want to get fit, and believe that joining a gym is the key to that. Spending the money to join a gym feels like you've done something serious towards your goal of getting fit, and then you...
by protagonist
Tue Feb 02, 2016 4:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Metro Boston's Chapter
Replies: 195
Views: 26170

Re: Master Thread for Metro Boston's Chapter

Hi folks. I'd love to meet up with you all at some point in time. It would be fun to connect faces with names, since I have been communicating with many of you for years now. A few major glitches.... I live 100 miles west of Boston, I am in NYC most weekends, I am in the Caribbean most of the winter...
by protagonist
Tue Feb 02, 2016 4:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 104
Views: 7950

Re: Roll Call for the Retirement Class of 2016!

April Fools Day 2016. Can't wait Welcome! Retirement, of course, is about full-time fooling around. {kidding, again} Victoria You can say that again. Today is February Fools' Day here at the beach. So was yesterday. To quote who was quoted to me as Fats Waller (but who knows), "Shoot me while ...
by protagonist
Tue Feb 02, 2016 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1675

Re: IRA Advice For 18yo

Dulocracy wrote:No. Do not listen to the devil. (Beelzebub is protagonist's signature)



*offering Dulocracy an apple.....*
by protagonist
Tue Feb 02, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1675

Re: IRA Advice For 18yo

Welcome!! OK, after all this input from your superego, here is the voice of your id speaking. You are 17. Do you have a ton of dispensible cash? Because if not, and you plan to be a starving student for the next 4 to 10 plus years like most of us were, maybe you want to spend your $1000 on whatever ...
by protagonist
Tue Feb 02, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Already filed taxes, didn't include small amount of interest income
Replies: 27
Views: 2628

Re: Already filed taxes, didn't include small amount of interest income

I would file an amended return. It is only a small amount, but remember that Ally filed a copy of that 1099-INT with the IRS too. It will probably stick out like a sore thumb when you don't have an amount on the interest income line that matches the 1099s they received from the bank(s). And don't f...
by protagonist
Tue Feb 02, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: What services oes a financial advisor/planner provide?
Replies: 8
Views: 465

Re: What value does a financial advisor/planner bring?

Investing wisely is an incredibly simple proposition. You can learn all you really NEED to know in a matter of hours, or minutes if you don't care about the "whys" and just want instructions. Thus, given the cost of financial advisors, and the fact that most of them are not looking after y...
by protagonist
Mon Feb 01, 2016 10:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: One year of knowing Taylor Larimore
Replies: 15
Views: 2490

Re: One year of knowing Taylor Larimore

Dear Bogleheads, One year ago, I moved to Miami, FL from Connecticut. Relocating to Florida https://www.bogleheads.org/forum/viewtopic.php?t=153343 I didn't bring any alligator repellent like livesoft recommended. But, I noticed that Taylor had his Location in Bogleheads displayed as Miami FL. So, ...
by protagonist
Mon Feb 01, 2016 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

Regarding the Pioneer Valley FCU 57 month CD at 2.57% APY: I don't see anything in the disclosure suggesting that the CU can refuse early withdrawal, and Alex told me via phone conversation that this would not happen. However, I would suggest, if you are investing a large amount, to open several sma...
by protagonist
Sun Jan 31, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Best place to travel July/August for 1-2 weeks?
Replies: 15
Views: 1543

Re: Best place to travel July/August for 1-2 weeks?

Of your suggested ideas, SE Asia is fabulous....the most exotic of your choices, and if you are graduating med fellowship and (like me when I was in that situation) do not have a lot of liquid cash, it is also quite cheap, at least while you are there. The downside is for a short 1-2 week trip it is...
by protagonist
Sun Jan 31, 2016 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of Putting Too Much of Savings in a CD?
Replies: 3
Views: 620

Re: Risks of Putting Too Much of Savings in a CD?

Yes, it makes a lot of sense, and that is basically what I do. I wish I had the opportunity to take advantage of the NWFCU deal!

There is a small risk that the credit union will not allow early withdrawal when you want it, but I believe that risk is very small and worth taking. I hope I am right.
by protagonist
Sun Jan 31, 2016 2:21 pm
Forum: Personal Consumer Issues
Topic: Buy a TV Warranty?
Replies: 32
Views: 1616

Re: Buy a TV Warranty?

You are better off taking the money and gambling it at the slots in Vegas. The odds of winning are considerably higher, you get free drinks, and it is more fun. Don't insure anything if the risks are not catastrophic loss. If the odds were not stacked horribly against you, insurance companies would ...
by protagonist
Sun Jan 31, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1082

Re: Important features of a Pre-Nup?

Two issues I've seen arise in connection with some volunteer work I did in the past. 1. Determine whether spouse's assets will need to be used to support other spouse's long-term care costs. 2. If one spouse owns the home the couple lives in & hopes to pass it to his/her kids, be very specific ...
by protagonist
Sun Jan 31, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: [Eating] Fish
Replies: 119
Views: 11577

Re: [Eating] Fish

If the fish market near you sells good, fresh fish, I would just experiment. Try it all and see what you like best. You will be able to establish a relationship with the owner who can advise you as to what looks best on any given day, you will be supporting your local economy, and you may find you ...
by protagonist
Sun Jan 31, 2016 7:59 am
Forum: Personal Consumer Issues
Topic: [Eating] Fish
Replies: 119
Views: 11577

Re: [Eating] Fish

If the fish market near you sells good, fresh fish, I would just experiment. Try it all and see what you like best. You will be able to establish a relationship with the owner who can advise you as to what looks best on any given day, you will be supporting your local economy, and you may find you g...
by protagonist
Sat Jan 30, 2016 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1082

Re: Important features of a Pre-Nup?

Thank you for taking the time to explain that, bsteiner!
by protagonist
Sat Jan 30, 2016 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1082

Re: Important features of a Pre-Nup?

... Anything particular about MA or NY? Absent an agreement, if one spouse dies, the surviving spouse is entitled to an elective share. In New York, the elective share is 1/3 outright. In Massachusetts, it's a life estate in 1/3 (except for $25,000 outright). Absent an agreement, the marital proper...
by protagonist
Sat Jan 30, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1082

Re: Important features of a Pre-Nup?

I would not recommend doing a Pre-Nup yourself. Your questions really don't have general answers because Pre-Nups are particularly state-specific. Best practice is for both individuals to hire their own attorneys, and the attorney preparing it may insist on as much. It is worth the cost to have it ...
by protagonist
Sat Jan 30, 2016 5:38 pm
Forum: Personal Consumer Issues
Topic: Longtime AT&T customer looking for MVNO cell provider
Replies: 23
Views: 1869

Re: Looking for another cell provider after AT&T ended 2-year subsidies

I've gone through about 4 or 5 MVNOs as well as AT+T and Verizon. I'm happiest with Cricket Wireless, and have been with them for about a year now. They are not the absolute cheapest, but they are very competitive, and I think the difference in service is worth it. $35/mo basic plan. But you can try...
by protagonist
Sat Jan 30, 2016 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1082

Important features of a Pre-Nup?

For two people who want to get married, who own their own homes and have grown children , and who want a prenuptial agreement to protect themselves and their respective children in case of death or divorce, what are some important factors that should be built into the agreement ? Also, are there lim...
by protagonist
Fri Jan 29, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

Be sure to read the terms of the CD very very carefully. I had a CD once that I needed to withdraw and the bank refused pointing to a clause in the agreement that allowed them to deny the early withdrawal if the so wish to do. Many banks bury this in the agreement. At the time, interest rates were ...
by protagonist
Fri Jan 29, 2016 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

There has been some incomplete, incorrect and/or misleading information posted in this discussion about US credit unions, safety of them and federal insurance. The FDIC insures customer deposits at banks (including savings banks) in the US. An FDIC member bank's deposits are backed up to at least $...
by protagonist
Thu Jan 28, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 207
Views: 10486

Re: Do you pay for exercise?

Yes I do. $28/year. I got in on an outstanding promo when my gym was recruiting new members. $19/month for as long as I remained a member and had auto debit from my bank acct. That was around 7 years ago. That's $228/year minus the $200 I get rebated from health insurance each year= $28/yr. Gyms oft...
by protagonist
Thu Jan 28, 2016 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 127
Views: 10730

Re: Large amount of CDs maturing....what to do?

With a Credit Union in the USA, what are the deposit protection arrangements? Is this the FDIC or a different arrangement. What is its current funding position? I would have no worries re Pen Fed, because as I understand it their membership is largely Federal employees. In a disaster some kind of b...
by protagonist
Wed Jan 27, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Why doesn't Vanguard stay the course?
Replies: 44
Views: 5623

Re: Why doesn't Vanguard stay the course?

You ask a very good and provocative question, OP. I am not a Vanguard investor, am not familiar with their products, and cannot pretend to speak for them. However, to me, "stay the course" does not mean keep doing what you think is right today in the face of new, conflicting information. I...
by protagonist
Wed Jan 27, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my bride's student loans
Replies: 72
Views: 5055

Re: Paying off my bride's student loans

Our financial relationship is very healthy--she has a lot of pride in contributing, does not want to feel like a "leech," and wants us to keep connected but separate bank accounts so she sees that she is actively contributing to the household rather than just assimilating into my larger b...
by protagonist
Wed Jan 27, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3057

Re: Properly Assessing Public Schools

I think the best way to get a true feel for what the schools are like is to talk with students. I realize that is probably not always possible, and you need to find kids who will engage in honest dialogue with you. They know stuff you will never find out from published statistics....they know about ...

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