Search found 1933 matches

by rec7
Mon Jan 16, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Upgrade or just buy new? [Computer]
Replies: 43
Views: 2224

Re: Upgrade or just buy new? [Computer]

I would try to put linux mint on it. It should work good. I just put windows 10 on a 2007 computer and it works ok. I had linux mint on it but liked windows 10 better so I put that on it.
by rec7
Mon Jan 16, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Auto insurance Premium too High?
Replies: 12
Views: 700

Re: Auto insurance Premium too High?

Sounds very high but you are in a big city. Here in St Louis your rate can double depending where you live around the city. That happened to a friend of mine he got some cheap rent only to find out his car insurance doubled.
by rec7
Sat Jan 14, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa 2% cash back
Replies: 64
Views: 7143

Re: Fidelity Rewards Visa 2% cash back

I do not have an account at Fidelity. Can I open a new account for a few bucks and not get hit with any fees on the Fidelity account to get this card?
by rec7
Fri Jan 06, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Do I need to replace my desktop PC?
Replies: 27
Views: 2199

Re: Do I need to replace my desktop PC?

I use my desktop PC almost exclusively for preparing tax returns every year. Most of the rest of the year I carry around a laptop. The desktop is certainly older than my laptop, probably purchased in 2009, a Dell Studio 540. It's running Windows 7 Home Premium 64 bit, with 6 GB of memory. It's got ...
by rec7
Fri Jan 06, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: How much cash do you keep?
Replies: 103
Views: 8597

Re: Retirees: How much cash do you keep?

Your income matters. If I had a large pension maybe I would need very little cash. No pension then a large amount would be needed. Same with large and small social security amounts it would effect the amount of cash needed. In fact if I had some of the pensions here on Bogleheads I would not need to...
by rec7
Fri Jan 06, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: How much cash do you keep?
Replies: 103
Views: 8597

Re: Retirees: How much cash do you keep?

We have about 4 years. I figure even a balanced fund might be down 3 years in a crash until it breaks even.
by rec7
Wed Jan 04, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 13405

Re: How old is your vehicle?

Lovely Rita wrote:Less than 3 years. What is the point of this thread?


The millionaire next door in action.
by rec7
Sun Jan 01, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax bracket
Replies: 11
Views: 655

Re: Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax brac

nisiprius you are very wise I have looked at many of your ideas already. I like the Wellington's performance in up and down years more than the others you listed. Of course past return does not mean anything for the future but it makes me sleep better. Can the Wellington outperform the other ideas w...
by rec7
Sun Jan 01, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax bracket
Replies: 11
Views: 655

Re: Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax brac

Important : The Vanguard Equity-Income Fund, VEIPX or VEIRX (Admiral shares) is not a balanced fund . It is 100% stocks. It focusses on dividend paying stocks, but it is 100% stocks and acts like it. "Equity-Income," which they actually spell with a hyphen, doesn't mean "a fund holdi...
by rec7
Sun Jan 01, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax bracket
Replies: 11
Views: 655

Need advice on which balanced fund to invest in Wellington, Balanced Index Fund or Equity Income in the 15% tax bracket

Need advice on which balanced fund to invest in the Wellington, Balanced Index Fund or Equity Income mixed with Ally savings account This is all in a taxable account. I am retired in the 15% tax bracket the fund will be my only income. I can live on the dividends and capital gains of all three ideas...
by rec7
Sat Dec 31, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: How often do the vanguard balanced funds rebalance?
Replies: 4
Views: 729

How often do the vanguard balanced funds rebalance?

I thought about doing and index and a ally saving account. But how often would you rebalance? How often do the vanguard balanced funds rebalance?Right now I am in a vanguard balanced fund because it is easy but it is more taxes. I am in the 15% bracket so it is not to bad.
by rec7
Fri Dec 30, 2016 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is it safe to use debit cards? Anybody here have one compromised?
Replies: 67
Views: 4489

Is it safe to use debit cards? Anybody here have one compromised?

Would love to hear what others have to say about this. I have heard it is a nightmare if one is compromised. This is my only checking account.
by rec7
Fri Dec 30, 2016 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Are balanced index funds tax efficient?
Replies: 9
Views: 1043

Re: Are balanced index funds tax efficient?

I hold lifestrategy cg in taxable. I am retired and don't contribute any more. Since I am in15% tax bracket it's not too bad and the simplicity is worth it to me and the wife. I use them to but I am in the 15% tax bracket also. This move is costing me 2k a year more but I think I can make it up wit...
by rec7
Mon Dec 26, 2016 5:25 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10755

Re: At what age, income, and NW would you buy a $50k car?

I have an '07 Camry that's a V6 -- 268 hp. Are you saying that's a Lexus engine? Toyota uses the 3.5 V6 in the Camry and Lexus. Hmmm... how 'bout the Avalon? I think that's got a 268 hp engine. Same engine they use it in several models. OK, thanks. It's good to know I've got a Lexus engine, if not ...
by rec7
Mon Dec 26, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10755

Re: At what age, income, and NW would you buy a $50k car?

daveydoo wrote:
rec7 wrote:Toyota uses the 3.5 V6 in the Camry and Lexus.


And the old Lotus Evora used a (tuned) Camry engine (right?), but no one behind the wheel would ever confuse the two driving experiences.


True
by rec7
Mon Dec 26, 2016 5:16 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10755

Re: At what age, income, and NW would you buy a $50k car?

For about 28k they put a Lexus engine in the carmy. Something to think about. I have an '07 Camry that's a V6 -- 268 hp. Are you saying that's a Lexus engine? Toyota uses the 3.5 V6 in the Camry and Lexus. Hmmm... how 'bout the Avalon? I think that's got a 268 hp engine. Same engine they use it in ...
by rec7
Mon Dec 26, 2016 5:12 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10755

Re: At what age, income, and NW would you buy a $50k car?

johnny wrote:
rec7 wrote:For about 28k they put a Lexus engine in the carmy. Something to think about.


I have an '07 Camry that's a V6 -- 268 hp. Are you saying that's a Lexus engine?


Toyota uses the 3.5 V6 in the Camry and Lexus.
by rec7
Mon Dec 26, 2016 4:37 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10755

Re: At what age, income, and NW would you buy a $50k car?

The function of the car would have to match the price. Why am I buying it? Well, the truly useful function would be a self-driving car, but that will start around $100k from Tesla next year, plus little used inventory, so that's out. I am guessing you are looking at a 4 series BMW. No, Lexus. For a...
by rec7
Sun Dec 25, 2016 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying lot / home in very bad area of City
Replies: 20
Views: 2186

Re: Buying lot / home in very bad area of City

Remember you have to cut the grass. Easy if you live there not if you don't.
by rec7
Thu Dec 22, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Looking to Drop Wells Fargo for Online Banking
Replies: 48
Views: 2640

Re: Looking to Drop Wells Fargo for Online Banking

You really need to quit that Debit card. When it is hacked (not if) and you lose $2K you will be very unhappy. And if you slip and they steal $4K you will be very pi**** and broke. I never pay any ATM fees since I am a PMA customer. You could get this stuff for free if you put your emergency fund i...
by rec7
Mon Dec 19, 2016 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Does a CD penalty reduce capital gains on income taxes?
Replies: 6
Views: 572

Re: Does a CD penalty reduce capital gains on income taxes?

Thanks my mind works way faster than my typing skills. LOL
by rec7
Mon Dec 19, 2016 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Does a CD penalty reduce capital gains on income taxes?
Replies: 6
Views: 572

Does a CD penalty reduce capital gains on income taxes?

Does a CD penalty reduce capital gains on income taxes or does reduce interent income only?
by rec7
Fri Dec 16, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a
Replies: 12
Views: 1330

Re: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that

I am having a hard time understanding this. So dividends and capital gains are not counted as a sale. So if I buy back in with that money I have not done a wash sale? Have you received any dividends in the past 6 months from any shares that you own? If yes, then look at your account statements eith...
by rec7
Fri Dec 16, 2016 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a
Replies: 12
Views: 1330

Re: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that

I am having a hard time understanding this. So dividends and capital gains are not counted as a sale. So if I buy back in with that money I have not done a wash sale?
by rec7
Thu Dec 15, 2016 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a
Replies: 12
Views: 1330

Re: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that

If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a wash sale? You don't remember this discussion from a few days ago? https://www.bogleheads.org/forum/viewtopic.php?f=1&t=205184&p=3146712#p3146712 This is different that was ...
by rec7
Thu Dec 15, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a
Replies: 12
Views: 1330

If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a

If a fund pays dividends and capital gains Monday and you take the money and buy Tuesday into the same fund is that a wash sale?
by rec7
Mon Dec 12, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Playing with some tax numbers
Replies: 13
Views: 988

Re: Playing with some tax numbers

I thought AGI is income after subtracting standard deduction and personal exemption? I should have said 18k LOL
by rec7
Mon Dec 12, 2016 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Playing with some tax numbers
Replies: 13
Views: 988

Re: Playing with some tax numbers

Yes, zero. With a standard deduction and personal exemption, you'll have no taxable income. LTCG and QD are not taxed in the 0%, 10%, or 15% federal income tax brackets, so you've got a lot of room for additional income before incurring any tax. It's easy to come up with scenarios like these in whi...
by rec7
Mon Dec 12, 2016 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Playing with some tax numbers
Replies: 13
Views: 988

Re: Playing with some tax numbers

Thanks everybody I was not sure. I am guessing a AGI of about 17k. The online calculators were from 0 to 2k for a tax bill. So I wanted to check with you folks.
by rec7
Sun Dec 11, 2016 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Playing with some tax numbers
Replies: 13
Views: 988

Playing with some tax numbers

If a single person age 55 only had 9k in qualified dividends, 9k in ordinary dividends, and a 9k in long term gains what would he federal tax bill be?
by rec7
Sun Dec 11, 2016 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends and capital gains
Replies: 16
Views: 1693

Re: Reinvesting dividends and capital gains

rkhusky wrote:Reinvested dividends and capital gains can cause a wash sale when selling for a loss in a taxable account.


Can you explain this in more detail?
by rec7
Sun Dec 11, 2016 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends and capital gains
Replies: 16
Views: 1693

Re: Reinvesting dividends and capital gains

Vanguard tracks cost basis of all shares ,including reinvested dividends and capital gains. It is a simple process when selling shares. They send you a year end 1099B with your yearly transactions. Date Sold Proceeds from sale. Cost basis of shares sold(already calculated),included are reinvestment...
by rec7
Sun Dec 11, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends and capital gains
Replies: 16
Views: 1693

Re: Reinvesting dividends and capital gains

Silly question but I have a taxable account can Vanguard keep track of all the dividends and capital gains if I reinvest. Or will this cause me a tax nightmare. Vanguard will keep track of all this for you. Whether this is a nightmare or dream will depend on your personality. Here is a thread with ...
by rec7
Sun Dec 11, 2016 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends and capital gains
Replies: 16
Views: 1693

Re: Reinvesting dividends and capital gains

Silly question but I have a taxable account can Vanguard keep track of all the dividends and capital gains if I reinvest. Or will this cause me a tax nightmare. Vanguard will keep track of all this for you. Whether this is a nightmare or dream will depend on your personality. Here is a thread with ...
by rec7
Sun Dec 11, 2016 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends and capital gains
Replies: 16
Views: 1693

Reinvesting dividends and capital gains

Silly question but I have a taxable account can Vanguard keep track of all the dividends and capital gains if I reinvest. Or will this cause me a tax nightmare.
by rec7
Sat Dec 10, 2016 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: That second bank
Replies: 14
Views: 1777

Re: That second bank

I would look for a new credit union in the new town. Unless the town is super small there should be one you can join. I just looked at a town with a population of 11,000 that has two credit unions I could join.
by rec7
Tue Nov 22, 2016 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone do tax loss harvesting??
Replies: 25
Views: 1650

Re: Why would anyone do tax loss harvesting??

Are the s&p 500 and the total market different enough for tax loss harvesting?
by rec7
Tue Nov 22, 2016 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: In a taxable account do you reinvest dividends and capital gains?
Replies: 24
Views: 1600

Re: In a taxable account do you reinvest dividends and capital gains?

Thanks everybody. I think I will not reinvest them I like a big cash cushion 5 years. Investing with taxes and the ACA can get tricky at times.
by rec7
Sun Nov 20, 2016 7:22 pm
Forum: Personal Consumer Issues
Topic: linux versus Mac for the average PC user
Replies: 58
Views: 3005

Re: linux versus Mac for the average PC user

I used linux for six months it was ok but I prefer windows 10 pro. For some reason I found windows 10 ran smoother. I don't think it is up to the level of windows but it is free. Just my 2 cents. Notice how the windows 10 upgrade was free I think that was because linux is gaining so much steam. So I...
by rec7
Sun Nov 20, 2016 7:14 pm
Forum: Investing - Theory, News & General
Topic: How a friend legally front-ran the market and made millions
Replies: 29
Views: 5041

Re: How a friend legally front-ran the market and made millions

Sounds like the start of an American Greed episode.
by rec7
Sat Nov 19, 2016 11:33 am
Forum: Personal Consumer Issues
Topic: Corvette to Hybrid
Replies: 55
Views: 5648

Re: Corvette to Hybrid

How about a base Rav4 for 23k?
by rec7
Fri Nov 18, 2016 1:29 pm
Forum: Personal Consumer Issues
Topic: Corvette to Hybrid
Replies: 55
Views: 5648

Re: Corvette to Hybrid

guitarguy wrote:
Brokepilot wrote:Currently car: 2012 Base Corvette LT2 6-Speed Manual.

Wife's Car: 2003 Eclipse 130k, new paint, however has large oil leak from cam seal, randomly shuts off...Wife has never had a new car and has been begging for a new car for the last 6 years.


This literally made me LOL.


That's to funny LOL
by rec7
Wed Nov 16, 2016 11:18 am
Forum: Personal Consumer Issues
Topic: ringplus mobile premium plans - what is your experience?
Replies: 19
Views: 1369

Re: ringplus mobile premium plans

Ringplus is excellent. I've been with them over a year with no issues. They are always bringing out new plans. I'd consider one of their "mad" plans as they route directly over sprint with no ads. I pay $0 a month - crazy! Some people complain of the latency (slight delay) with the regula...
by rec7
Tue Nov 15, 2016 7:29 pm
Forum: Personal Consumer Issues
Topic: ringplus mobile premium plans - what is your experience?
Replies: 19
Views: 1369

Re: ringplus mobile premium plans

Ringplus is excellent. I've been with them over a year with no issues. They are always bringing out new plans. I'd consider one of their "mad" plans as they route directly over sprint with no ads. I pay $0 a month - crazy! Some people complain of the latency (slight delay) with the regula...
by rec7
Wed Nov 09, 2016 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: The market was off 800 points after hours! Why?
Replies: 8
Views: 2259

Re: The market was off 800 points after hours! Why?

Could we have bought when it was down 800 points?
by rec7
Tue Nov 08, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: Secure alternative to Gmail
Replies: 48
Views: 6757

Re: Secure alternative to Gmail

Stonebr wrote:I wonder if maybe an old typewriter, paper and the US Mail might be more secure than anything online.


I would say very true but in the last few years I have had several things lost in the mail. Before the year 2010 did not have even one lost.

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