Search found 652 matches

by user5027
Sun Jan 15, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Home Theater Projector
Replies: 10
Views: 595

Re: Home Theater Projector

We have had projectors going back about 20 years. Bought the first few used on ebay and started out setting them up each time on a folding end table and projecting onto a bed sheet. Last few have been permanently mounted upside down on the the ceiling and have mounted a retracting (pull down) screen...
by user5027
Fri Jan 13, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: What to do when an IRA is no longer tax-deferred? (RMDs!)
Replies: 17
Views: 1776

Re: What to do when an IRA is no longer tax-deferred? (RMDs!)

I was thinking the OP was getting at how to tax efficiently invest the RMD's after they are out of the IRA and in the taxable part of the portfolio. But maybe I was mistaken.
by user5027
Thu Jan 12, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Miami -Florida Keys visit - Late January- Suggestions
Replies: 19
Views: 1262

Re: Miami -Florida Keys visit - Late January- Suggestions

A few years the wife and I would visit her father and step mother in Cape Coral during their annual winter snow bird. They always rented the same house from early January to just before Easter. We would fly down from PA and always wanted to make a week of it but felt a week was too long to impose so...
by user5027
Tue Jan 10, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 187
Views: 11486

Re: How Bad was 2008, really?

I remember opening a mailed statement from Vanguard and thinking they had the current balance and beginning balance flipped.

People at work joked it was no longer a 401k but was now a 201k.
by user5027
Mon Jan 09, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: Best Ways to Buy Time
Replies: 62
Views: 6395

Re: Best Ways to Buy Time

Grow a beard.
by user5027
Sun Jan 08, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Reverting to a Wood Burning Fireplace from Gas
Replies: 37
Views: 1849

Re: Reverting to a Wood Burning Fireplace from Gas

I would consider getting a wood stove insert. From what you describe it is an open fireplace and most of the heat goes up the chimney.
by user5027
Fri Jan 06, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: From Big CPA firm to Independent CPA to Turbotax: Strategy?
Replies: 15
Views: 1190

Re: From Big CPA firm to Independent CPA to Turbotax: Strategy?

Many thanks for your collective thoughts and advice! Another question running through my mind is tax advice: I used to just call my CPA if I had a random question. Do people who gravitated from CPA to Turbotax have a backup plan for CPA-type advice that is not related to form-filling? I've learned ...
by user5027
Fri Jan 06, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated taxes
Replies: 16
Views: 1400

Re: Estimated taxes

Just pay 100% of what your total tax was last year and no penalty, It's not always that simple. It is not uncommon for the projected current year's tax to be significantly lower than the prior year's tax, in which case your advice would not be practical. +1 As an example our 2015. I retired in Nov....
by user5027
Fri Jan 06, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: From Big CPA firm to Independent CPA to Turbotax: Strategy?
Replies: 15
Views: 1190

Re: From Big CPA firm to Independent CPA to Turbotax: Strategy?

Doing a shadow return is a good idea. My father was a self employed accountant and an enrolled agent with the IRS. For years the routine was I would do my taxes by hand and then drive the 20 minutes to see my parents. Pop would plug all the raw data into his pro turbotax and see if our answers agree...
by user5027
Thu Jan 05, 2017 2:18 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good food scale?
Replies: 14
Views: 642

Re: Can you recommend a good food scale?

We got an Oxo about 2 years ago and are happy with it.

Link
by user5027
Tue Dec 27, 2016 4:49 pm
Forum: Personal Consumer Issues
Topic: Most sustainable vehicle
Replies: 44
Views: 2659

Re: Most sustainable vehicle

Horse. There are benefits you would never think of. My great grandfather had a hauling business with a horse and wagon. After work he would stop at the tavern on the way home. If he had too many, the bartender would get my great grandfather into the wagon and smack the horse on the ass and the horse...
by user5027
Tue Dec 27, 2016 8:24 am
Forum: Personal Consumer Issues
Topic: Cutting Trees in the Back Yard
Replies: 27
Views: 2043

Re: Cutting Trees in the Back Yard

I use to work with a guy who did side jobs like this with his friend. They had business cards that said "Buck & Bill - We'll try almost anything twice."
by user5027
Sat Dec 24, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Gift money form to help child buy a house.
Replies: 9
Views: 948

Re: Gift money form to help child buy a house.

Have done this twice. The language I recall on these forms is not specific to a gift given at the time of signing the form. In other words, you can gift the money now and then sign the form that the mortgage company wants later. I think you can even sign the form before and then provide the money be...
by user5027
Thu Dec 22, 2016 10:49 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 175
Views: 12871

Re: Cost of dog ownershi

mouses wrote:
Fallible wrote:
TxAg wrote:Pretty sure he/she meant killing the dog oneself (not prolonging its pain by withholding treatment). I can't say I disagree, though it's hard to do.


Yes, that's probably what he meant and thanks for noting that.


Christ.


Don't ever watch Old Yeller.
by user5027
Wed Dec 21, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Shipping Large Items Cross-Country?
Replies: 10
Views: 817

Re: Shipping Large Items Cross-Country?

When I was working we had a few. Bought a used KIP Engineering (blueprint) Printer/Copier/Scanner, like your printer but much larger, in an online auction. May have been ebay or something similar. It was in Washington state and we were in PA. Before bidding I consulted with a local KIP dealer. He sa...
by user5027
Wed Dec 21, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: job loss, portfolio and retirement advise
Replies: 39
Views: 3614

Re: job loss, portfolio and retirement advise

Sorry for your situation. Cobra was not cheaper for me. You are locked in to the plan your employer had. In my case it was a super good and expensive plan. You do not have to sign up for Cobra immediately. I think there is a 90 day period where you can retroactively start Cobra. When my son was chan...
by user5027
Wed Dec 21, 2016 8:10 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 175
Views: 12871

Re: The True Cost of Owning a Dog

If you ever need to experience unconditional love, lock your dog and your wife in the trunk of the car. After a half hour let them both out and see which one is happy to see you. :D
by user5027
Wed Dec 21, 2016 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Underwithholding Tax Penalty?
Replies: 24
Views: 1177

Re: Roth Conversion - Underwithholding Tax Penalty?

Do it right away as it takes at least two weeks to set it up (have to wait for a mailing from the IRS.) I have used IRS Direct Pay several times starting in 2015 and it never involved a mailing from the IRS. It is amazing how the government can make sending them money so easy while other things wil...
by user5027
Tue Dec 20, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Roth questions : multiple conversions, re-characterization
Replies: 4
Views: 331

Re: Roth questions : multiple conversions, re-characterization

bluejeansman wrote:I suppose I have at least the April 15 tax filing date to "undo" this, known as "re-characterization".


You have until Oct 15.
by user5027
Mon Dec 19, 2016 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Giving two weeks notice around the holidays
Replies: 58
Views: 4346

Re: Giving two weeks notice around the holidays

If they do cut you early, the new employer may be able to move up your start date.
by user5027
Mon Dec 19, 2016 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Giving two weeks notice around the holidays
Replies: 58
Views: 4346

Re: Giving two weeks notice around the holidays

It can vary. They may need you to wrap up projects or transition your work to a co-worker. With the holidays it may take more than two weeks. I've even seen former employees come back for an hour or two to resolve an issue that arose several weeks or a few month's after leaving. You never know what ...
by user5027
Sat Dec 17, 2016 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Timing of Roth IRA conversion
Replies: 25
Views: 2947

Re: Timing of Roth IRA conversion

I recharacterized part of a 2015 Roth conversion around the time I filed my 2015 tax return in April 2016. I had to mail a form to Vanguard. It was easy. I recall including an explanatory statement with the tax return in TaxAct. I also use to have to mail a form to do the Roth conversion with Vangua...
by user5027
Sat Dec 17, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Daring to figure it out for myself: Mega-bucks for health care
Replies: 5
Views: 895

Re: Daring to figure it out for myself: Mega-bucks for health care

My post retirement health care experience. With Cobra you are locked into the employer plan. My employer healthcare was so good that when I got the cobra notice I could buy an ACA bronze plan for half what cobra wanted ($900/mo vs $1,800/mo for 2 of us). That was 2015. In 2016 wife went on her emplo...
by user5027
Sat Dec 17, 2016 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Single stock conundrum
Replies: 20
Views: 1702

Re: Single stock conundrum

If you foresee a year in the 15% bracket sell enough then to take full advantage of the 0% on LT gains.
by user5027
Fri Dec 16, 2016 12:01 pm
Forum: Personal Consumer Issues
Topic: Sous Vide?
Replies: 41
Views: 4285

Re: Sous Vide?

Had to google Sous Vide and had a 1960's flashback to mom "cooking" dinner (Banquet brand bag in a pot of boiling water, served over a slice of bread). I never knew we lived so fancy. It's a good day, just got the $246 RMD from Mom's Roth. A couple fancy dinners out for us in the near futu...
by user5027
Fri Dec 16, 2016 8:01 am
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 133
Views: 16670

Re: $400,000 Roth Conversions Between Ages 66-69?

After going to the trouble of starting the "horse race" I would not end the race before the finish line. A lot can happen between now and Oct 2017. Your winner could be another horse. Although that may give you the optimal result, the factor that makes the biggest difference is the share ...
by user5027
Thu Dec 15, 2016 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 133
Views: 16670

Re: $400,000 Roth Conversions Between Ages 66-69?

For 2016, I simply did the "horse race" method with 3 conversions into 3 separate roths, which I recharacterized last week (kept in the same year for simplicity reasons). After going to the trouble of starting the "horse race" I would not end the race before the finish line. A l...
by user5027
Thu Dec 15, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Branch from our tree fell on neighbor's house ??
Replies: 60
Views: 5459

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

20 or 25 years ago we had a tree fall on our neighbor's car. It was a huge tree and our house shook when it came down during a strong windstorm. I ran outside to see what happen and saw the tree over the neighbor's driveway. With no car in sight, I was thinking, "Isn't my neighbor going to be s...
by user5027
Wed Dec 14, 2016 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Paying Roth conversion tax
Replies: 8
Views: 1135

Re: Paying Roth conversion tax

And you can recharacterize all or part of any 2016 Roth conversion by Oct 2017.
by user5027
Mon Dec 12, 2016 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason for retirees NOT to Roth convert?
Replies: 24
Views: 3224

Re: Any reason for retirees NOT to Roth convert?

Phil DeMuth wrote:I would put this project on hold until we see what the post-Trump tax horizon looks like.


You have until Oct 2017 to undo (recharacterize) a 2016 conversion, but you must do the conversion in 2016.
by user5027
Mon Dec 12, 2016 9:30 pm
Forum: Personal Consumer Issues
Topic: Automated Vacuums - time savings?
Replies: 9
Views: 1047

Re: Automated Vacuums - time savings?

Be careful with pets. I heard a story about a pet that had diarrhea and the roomba spread it all over the floor. :oops:
by user5027
Sun Dec 11, 2016 10:23 pm
Forum: Personal Consumer Issues
Topic: Certificate of Insurance from Prospective Contractor
Replies: 11
Views: 755

Re: Certificate of Insurance from Prospective Contractor

If you like the price tell him it is accepted conditioned on him providing a certificate of insurance acceptable to you before he starts any work.
by user5027
Sat Dec 10, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Cabinet Info
Replies: 10
Views: 1512

Re: Kitchen Cabinet Info

I replaced some 27 year old drawer slides with slides from...
http://www.cabinetparts.com/

Was very happy with my purchase. I have not bought any handles or knobs.
by user5027
Sat Dec 10, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: What if you just *stop* paying your health ins. premiums?
Replies: 10
Views: 1329

Re: What if you just *stop* paying your health ins. premiums?

OP,

I would make sure what the "grace period" is for. I think it may be the time after the due date before interest accrues on the unpaid balance. That is different from what you are saying it is.
by user5027
Fri Dec 09, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: FDIC question
Replies: 20
Views: 1583

Re: FDIC question

jafcorrea wrote:I am over the FDIC limit for a join account with capitoalone 360, maybe for 3 months

what you all think okay or big deal?


I believe the FDIC limit is per person on a joint account. Make sure you consider that.
by user5027
Fri Dec 09, 2016 8:49 am
Forum: Personal Consumer Issues
Topic: Velux skylights
Replies: 27
Views: 2224

Re: Velux skylights

Does anyone have recommendations for shades if the skylights are already installed? We have 2 Velux skylights in our bedroom installed 18 years ago and have never had any problems, but we'd like to get shades for them without getting new skylights. The challenge is that we have vaulted ceilings and...
by user5027
Thu Dec 08, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Where do you buy coffee beans?
Replies: 91
Views: 4396

Re: Where do you buy coffee beans?

Currently I buy Eight O'Clock whole beans at my local Acme Markets for my Cuisinart Grind & Brew.

Years ago I use to roast beans. I usually got the green beans from Sweet Maria's online.

I still occasionally use my burr grinder and espresso maker.
by user5027
Wed Dec 07, 2016 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Big 2016 income drop
Replies: 28
Views: 4086

Re: Big 2016 income drop

boglerocks wrote:Can I recharacterize all of my Roth conversion if necessary?


Yes.
by user5027
Wed Dec 07, 2016 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Big 2016 income drop
Replies: 28
Views: 4086

Re: Big 2016 income drop

Great idea. Can I make that conversion in 2017 and apply my 2016 tax bracket? I can't imagine so, but I run a business and this is my busiest season so it will be tricky to say for sure how much room I have left in the 15% bracket until the very end of the year. For the 2016 tax year you need to do...
by user5027
Sat Dec 03, 2016 2:12 pm
Forum: Personal Consumer Issues
Topic: Martinique
Replies: 7
Views: 976

Re: Martinique

If anyone has been there, do you have any suggestions on good beaches for swimming? I was at Club Med in Martinique around 1982. As far as beach swimming... watch out for the sea urchins. My friend dove off a pier along the shore line and encountered a sea urchin with their hand, resulting in a sti...
by user5027
Sun Nov 27, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Overpaid Estimated Taxes and Expect a Refund- Make 4th Q Payment?
Replies: 2
Views: 477

Re: Overpaid Estimated Taxes and Expect a Refund- Make 4th Q Payment?

dependapotamus wrote:I've been playing with Turbotax and it appears that I should be getting a refund on my taxes this year. It looks like I have overpaid my quarterly estimated taxes for my 1099 work. Am I required to make a Q4 payment even though it would all be refunded?


No.
by user5027
Fri Nov 25, 2016 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is it hard to reverse a Roth conversion in the same year?
Replies: 6
Views: 589

Re: Is it hard to reverse a Roth conversion in the same year?

I wait until April and recharacterize my excess after doing my taxes. As an example; I convert in 2016 and recharacterize any excess to stay in the 15% bracket in April 2017 although I have until Oct 2017.
by user5027
Tue Nov 22, 2016 9:26 pm
Forum: Personal Consumer Issues
Topic: Bowling alley in the basement
Replies: 30
Views: 3078

Re: Bowling alley in the basement

Mike Piazza grew up with a batting cage in the basement.
by user5027
Tue Nov 22, 2016 1:30 pm
Forum: Forum Issues and Administration
Topic: Thanks BH for a non-political oasis
Replies: 23
Views: 2611

Re: Thanks BH for a non-political oasis

Can you guys and gals go over and moderate Facebook? :D
by user5027
Tue Nov 22, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Recharacterization and Conversion Questions
Replies: 3
Views: 251

Re: 2 Recharacterization and Conversion Questions

I convert more than enough during the calendar year. In April of the following year I determine the exact amount the conversion should be to be at the top of the 15% bracket and recharacterize the excess. I've heard i-orp described as being aggressive with conversions. You may want to look at how mu...
by user5027
Tue Nov 22, 2016 10:43 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 219
Views: 21868

Re: Retreat to cash

My investing horizon is well beyond what you are talking about.
by user5027
Tue Nov 22, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: I just fired my son - trying to teach about hard work and money
Replies: 37
Views: 4101

Re: I just fired my son - trying to teach about hard work and money

If you want to teach him what life is like have him contact the union shop steward and file a grievance. :happy
by user5027
Mon Nov 21, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: Yahoo finance site going down hill?
Replies: 22
Views: 3073

Re: Yahoo finance site going down hill?

About a week ago "My Portfolio" showed up in a new format I was having a hard time getting use to. It combined holdings while I preferred having them separated since I like seeing all my account types (tIRA, Roth, Taxable) together. Just this afternoon it went back to the old format, hopef...
by user5027
Mon Nov 21, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Bowling alley in the basement
Replies: 30
Views: 3078

Re: Bowling alley in the basement

Have you ever thought about putting a bowling alley in your basement? Do you know anyone that has done so? I would be curious on how much it cost, how bad the maintenance is, and any other comments if someone here has done this or known someone who has. No and no but I'll comment anyway. Moisture a...
by user5027
Mon Nov 21, 2016 9:40 am
Forum: Investing - Theory, News & General
Topic: Father passed - First steps to taking over finances?
Replies: 25
Views: 2309

Re: Father passed - First steps to taking over finances?

Sorry for your loss.

Tax return records can provide a lead to investments. Look for 1099's. They will show the source for the interest and dividends reported as income.

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