Search found 577 matches

by ved
Sun Jun 18, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Roof Replacement - options
Replies: 6
Views: 820

Re: Roof Replacement - options

Thank you, Stevie.

Yes, I saw some houses in my neighborhood go with the ridge vent, while others have the whirlybird vents.
Do you know what the difference is, and which is better?

Thanks
by ved
Sun Jun 18, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: Roof Replacement - options
Replies: 6
Views: 820

Re: Roof Replacement - options

Thanks for the reply.

I think the way I understood it is that the insurance company is going to hold the $1k to make sure I get the job done. And will give that $1k on showing the invoice from the roofer.
by ved
Sun Jun 18, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Roof Replacement - options
Replies: 6
Views: 820

Roof Replacement - options

Hi all, My roof (in upper midwest) is about 20 years old. I saw a few shingles fly off my roof a few weeks ago. So, I called a roofer (referred by a friend). He came by went up to the roof, and said that there's about 50 shingles blown off, and because it's an old roof, he recommends replacement, in...
by ved
Fri Jun 02, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Responding to a weird job interview question..
Replies: 31
Views: 2957

Re: Responding to a weird job interview question..

Is the teenager female?
Is the workforce mostly male?

In this case, it would be prudent for the employer to find out before hiring, rather than face complaints about sexism, etc.
by ved
Thu May 25, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate the top of the 15% bracket?
Replies: 23
Views: 2324

Re: How to calculate the top of the 15% bracket?

Are you filing your taxes as Married Filing Separately (MFS), and not Married Filing Jointly (MFJ)? If you file MFS, then you can separate her income and expenses from yours - but generally this results in higher combined taxes than doing MFJ. If you are doing MFJ, then you need to combine your inco...
by ved
Fri May 19, 2017 12:48 pm
Forum: Personal Consumer Issues
Topic: garage door problem
Replies: 25
Views: 1566

Re: garage door problem

sorry to hijack this thread, but was wondering about this happening in a rental. Would the landlord then be required to provide transportation (or at least pay for it), until the tenant is able to have access to his/ her car? What would be a daily $ limit be? Will it be paid for by the homeowner's i...
by ved
Sun May 14, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: ESOP and IRA contributions
Replies: 4
Views: 359

Re: ESOP and IRA contributions

What box is checked in W2 to make your adviser think that you may not qualify for IRA?
by ved
Wed May 10, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Able to Back Door Roth?
Replies: 8
Views: 678

Re: Able to Back Door Roth?

1. No, you cannot. I thinlk IRS says the tIRA balances as of Dec 31 should be considered whether any Roth conversions are prorated (not at the time of the conversion).

2. No idea
by ved
Sat May 06, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Am I letting the Taxes Wag my Investments?
Replies: 9
Views: 1434

Am I letting the Taxes Wag my Investments?

Hi all, I am pretty sure I know the answer to my question. But, am not able to pull the trigger. We have a couple of stocks (play money) that I bought a while (~10 years) ago. These are currently worth about $45k, with $15k in LT gains. These are less than 5% of our portfolio. I have turned off divi...
by ved
Sat May 06, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Job Decision
Replies: 53
Views: 3761

Re: Job Decision

OP, Great advice form a lot of the folks here. You seem to be in a fragile state of mind. Maybe this has been building up over the years, or has exacerbated over a short period. Look at the positives in your life: You have the freedom to go anywhere you please. You have the financial resources that ...
by ved
Fri May 05, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: wife offered her bosses position, questions
Replies: 17
Views: 1285

Re: wife offered her bosses position, questions

OP,

ok. I will bite :-)

Let's say the manager agreed to talk to you about your spouse's role/ position.
What would you ask the manager?
by ved
Thu May 04, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Two night trip
Replies: 9
Views: 869

Re: Two night trip

If you are willing to drive a bit longer, Traverse City is a beautiful place, with wineries, boating and a national park (Sleeping Bear Dunes).
by ved
Thu May 04, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Starting new job mid-career - What advice to learn from my past?
Replies: 39
Views: 2281

Re: Starting new job mid-career - What advice to learn from my past?

OP, You keep referring to your customers as incompetent, because they cannot understand your guides, or measure up to some level that you have set in your mind. But, if you are refusing to help them, even though you have the time, and are engaging (have engaged) in side pursuits on the company's tim...
by ved
Thu May 04, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Starting new job mid-career - What advice to learn from my past?
Replies: 39
Views: 2281

Re: Starting new job mid-career - What advice to learn from my past?

There is a knack for saying "no" without actually saying it. You could use any of the excuses/ white lies - say you are busy with another customer on a critical issue. In the mean time, ask them to review the web-guide, and come back with any questions. Politely tell them that there's a gu...
by ved
Fri Apr 28, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: A Game of "Who is responsible"
Replies: 45
Views: 2925

Re: A Game of "Who is responsible"

OP, Didn't the plumber get your signature at the end of the job, that you accept that the job was completed properly and to your satisfaction (or words to that effect)? If so, then you didn't test the toilets & faucets to make sure they were working. So, either you were trusting, lazy or neglig...
by ved
Fri Apr 28, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: A Game of "Who is responsible"
Replies: 45
Views: 2925

Re: A Game of "Who is responsible"

Let's assume he turned the water back on and tested the toilet before he left, and found out it came with a bad gasket. Now he says "Either you can go to Lowe's and get a replacement gasket, while the 2 of us wait here, then we install it, which will take an extra hour x 2 of us, so $100."...
by ved
Fri Apr 28, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: A Game of "Who is responsible"
Replies: 45
Views: 2925

Re: A Game of "Who is responsible"

OP, Didn't the plumber get your signature at the end of the job, that you accept that the job was completed properly and to your satisfaction (or words to that effect)? If so, then you didn't test the toilets & faucets to make sure they were working. So, either you were trusting, lazy or neglige...
by ved
Thu Apr 20, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 5528

Re: When does it make sense to start paying down (or off) a low rate mortgage?

I had my remaining mortgage amount at about half of my emergency fund around end of last year. At the rate I was paying my mortgage, it would have taken 3 years to pay it off (at about 3% rate). I decided to pay off the mortgage with my emergency fund, and get a better return on that money than the ...
by ved
Thu Apr 20, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Seven corrections on Vanguard tax information statements
Replies: 2
Views: 652

Re: Seven corrections on Vanguard tax information statements

Why don't you sign up for electronic delivery?
by ved
Tue Apr 18, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Company merger-- effect on retirement contributions ?
Replies: 3
Views: 239

Re: Company merger-- effect on retirement contributions ?

Regardless how many employers you have in any particular year, your max contribution is limited to $18k (for under 50 years old). That is per IRS, nothing to do with mergers, takeovers, etc. So, if you already contributed $5k for your previous company's 401k plan...you have $13k to contribute to the...
by ved
Thu Apr 13, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Working without an office - Strategy
Replies: 29
Views: 1898

Re: Working without an office - Strategy

Involve your union reps. The management can require everyone to work at an office, where reasonable, ergonomic space is provided suitable to the work conditions work required. Or, they can allow you to work anywhere of your choosing, provided it is safe for you and your company to do so. If they req...
by ved
Sat Apr 08, 2017 7:44 pm
Forum: Investing - Theory, News & General
Topic: How to TLH in Real LIfe
Replies: 38
Views: 2878

Re: How to TLH in Real LIfe

Barefootgirl wrote:I am maxing my 401K plus Catch Up contributions plus full HSA and an FSA....still need to get lower...


How are you contributing to an HSA and an FSA?
I thought it was either one or the other.
by ved
Wed Apr 05, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: How best to handle disrespectful employee?
Replies: 40
Views: 3711

Re: How best to handle disrespectful employee?

The qualifying and on-boarding processes are part of companies policies and procedures, that all employees are required to adhere to. That's what they sign off on on the first day - as condition of employment. By over-selling, he is obviously able to exceed his targets, at the expense of the company...
by ved
Fri Mar 31, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tuition or 401k at 49?
Replies: 7
Views: 736

Re: Tuition or 401k at 49?

^^^^ This.
The people hiring the 22 year olds will be themselves 30 -35 years old, at best. So, they may get intimidated/ not inclined/ whatever to hire a 50+ year old person.
by ved
Fri Mar 31, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Feel Behind -- Thoughts on my Strategy?
Replies: 17
Views: 1738

Re: Feel Behind -- Thoughts on my Strategy?

Though it is fun to project these numbers out and plan, a lot of things change in the mean time. The relevant thing that would change is your income - assuming you are keeping up with your skills to grow your career. What I suggest is to keep investing away for retirement as much as you can, without...
by ved
Fri Mar 24, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 537

Re: [Questions about my company's "In-Plan Roth Conversion"]

Everything retiredjg said above One thing about the $20k - yes that the remaining amount after your 18K + company match contributions. But, that's the maximum allowed by law ($54k). Your plan could have further restrictions. My plan, for example, allows only upto 10% of the salary to go into the aft...
by ved
Thu Mar 23, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 537

Re: [Questions about my company's "In-Plan Roth Conversion"]

Yes. What you are describing is what is known around here as Mega Back Door Roth conversion. What you need to find out is if you can rollover this after-tax amount periodically into a Roth IRA (outside of your 401k), or on;ly to teh Roth 401k (which is still part of your 401k). Call your 401k custod...
by ved
Thu Mar 23, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Why nobody talk about cash allocation ?
Replies: 17
Views: 2169

Re: Why nobody talk about cash allocation ?

I feel that a greater % of portfolio allocation in cash is good to have at the beginning period of a career, and again at the end of the career. For the beginning period in one's career, you are building your portfolio in stocks and bonds. You don't want to depend on short-term / emergency needs, an...
by ved
Tue Mar 21, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1139

Re: Pre-Retirement Income & Post Retirement Expenses

I am not anywhere close to retirement, but I would think these expenses would not be there in retirement: FICA & Medicare taxes - about 9% 401k & other savings - about 10 - 15% reduction in Fed and State taxes - x% But, there could be increase in expenses: Healthcare premiums Travel and othe...
by ved
Mon Mar 20, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Yet another mega backdoor rollover question
Replies: 8
Views: 467

Re: Yet another mega backdoor rollover question

So here are my questions. 1-If i convert the post-tax portion to a Roth, do i have to convert the pre-tax portion to a tIRA as well? The after-tax sub-account within your 401k can be rolled over to Roth IRA or Roth 401k by itself, without impacting or impact from the pre-tax 401k sub-account. Howev...
by ved
Sun Mar 19, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Selling mutual funds in a ROTH
Replies: 13
Views: 1008

Re: Selling mutual funds in a ROTH

Yes, you can transfer the Simple IRA to Vanguard. Just so you get used to the terminology: Transfer - from one custodian to another (say for example, Fidelity to Vanguard). This can be done "in-kind", which means the funds are not sold in the origin custodian before transferring to the des...
by ved
Sun Mar 19, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: AGI considerations when planning for mortgage?
Replies: 5
Views: 389

Re: AGI considerations when planning for mortgage?

OP, You should see how much you can afford for the house. Manipulating your 401k/IRA contributions to get to a specific AGI is not the way to go. The guidelines are that your monthly mortgage payment (principal + interest) should not be more than 25-33% of your gross pay (i.e, before your taxes, ded...
by ved
Sun Mar 19, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Lot Selection
Replies: 8
Views: 341

Re: Tax Lot Selection

I don't know what the other custodians offer, but in VG you can sort the tax lots (in the sell section), to see what your minimum gain (or max loss) lots, and select the ones that you want to sell. Yes - it is a little bit of work (you have to select each lot) to select the lots to see how much your...
by ved
Sun Mar 19, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Getting company to change 401k custodian
Replies: 15
Views: 895

Re: Getting company to change 401k custodian

How big is your employer? If it is close to a mega-corp, then, your chance would be close to zero. These companies have committees to research, analyze and recommend the optimal solution to the executives. Which means, there will be consultants that provide a lot more "customized info" tha...
by ved
Sun Mar 19, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA reality check
Replies: 5
Views: 619

Re: Backdoor Roth IRA reality check

2. If it grows in value between the time of the initial contribution and the conversion , then you pay tax on the increase. But ( here is the illumination), that just means you functionally converted more than the maximum allowed, right? E.g., if you contribute $5500 and it grows to $6000 when you ...
by ved
Sun Mar 19, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: facing unexpected capital gains - tax loss harvesting options...
Replies: 44
Views: 1950

Re: facing unexpected capital gains - tax loss harvesting options...

If all you want to do is realize losses in the short term (within the next 9 months), why don't you buy some penny stocks? Chances are you will lose most of the investment. If not, and you gain, then you can use the gains to pay the tax bill on the liquidated company shares. Win-win either way (for ...
by ved
Sat Mar 18, 2017 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: facing unexpected capital gains - tax loss harvesting options...
Replies: 44
Views: 1950

Re: facing unexpected capital gains - tax loss harvesting options...

So, let's say you have $100k in gains from the employer stock. And, let's say you are trying to offset $50k of those gains with losses from your proposed approach. Assuming you will try to mimic the S&P500 (or another index) to create your own basket of stocks, and make about 8% on your basket i...
by ved
Sat Mar 18, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 76
Views: 11737

Re: Just laid off - what to do

I have one question for everyone: If i get an opportunity for extension in the same company but in another department (and a possible layoff in 5-6 months from now) or get a severance pay of a few months now (from current department), which option should i choose. I don't expect a severance if I st...
by ved
Sat Mar 18, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: CPA misplaced tax information
Replies: 12
Views: 1778

Re: CPA misplaced tax information

spectec wrote:I do everything I can to keep my clients out of my office so I can get some work done.


Be careful what you wish for.
You may get to be very successful in keeping clients out of your office, that you will have no work to get done.
:shock: :D
by ved
Sat Mar 18, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: ESPP Strategy & Advice
Replies: 9
Views: 701

Re: ESPP Strategy & Advice

You didn't provide $ you already have in the ESPP, and what is the qualified amount. So, I am going to make some guesses, so that I understand what you are trying to do. Let's say you have accumulated $100k in the ESPP, of which about $40k is qualified. In Year 1: You are planning to sell $25k of th...
by ved
Fri Mar 17, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 6569

Re: Endless Job Interviews (with same company)

Probably. But, what do you have to lose? Other than wasting time/energy/resources, it makes me question whether that is the type of organization that I want to join (if an offer ever came). Well, then, that's up to you to decide, if it is worth it to pursue any further. I look at interviews as a wa...
by ved
Fri Mar 17, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Medical treatment in US for non US citizen
Replies: 50
Views: 3724

Re: Medical treatment in US for non US citizen

Can you contact some charities in your niece's home country and in the US to see if they can sponsor her treatment (or negotiate with the hospital for a lower amount that you could pay)?
by ved
Fri Mar 17, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 6569

Re: Endless Job Interviews (with same company)

Probably. But, what do you have to lose?
by ved
Fri Mar 17, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How Much Mortgage to Get?
Replies: 7
Views: 638

Re: How Much Mortgage to Get?

I am not clear on this. Is your current (new) home mortgage 250k? How much did you net from selling your old house? Can you pay off your parents with the proceeds from selling off the old house? Will you have anything remain from the proceeds of the old house? You just got a mortgage in December (3 ...
by ved
Thu Mar 16, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: Help with rebuttal to a Facebook post
Replies: 36
Views: 4331

Re: Help with rebuttal to a Facebook post

When they do these comparisons - they take a point in time and invest a fixed amount ($10k), and show how it grew over a period of time, and market how they are better than other funds/ benchmarks. But, most folks invest periodically (every month?) over a long period of time. Are there any compariso...
by ved
Thu Mar 16, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: HSA vs 401k vs other - low tax bracket
Replies: 12
Views: 959

Re: HSA vs 401k vs other - low tax bracket

If the person is just starting out in his/her career, meaning that their tax bracket could increase in future, then this might be a good time to start or fund their Roth IRA. S/he can contribute upto $5500 per year to a traditional or a Roth IRA. Being in the low tax bracket now means that they can ...
by ved
Thu Mar 16, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Quick question re: Roth conversion
Replies: 3
Views: 322

Re: Quick question re: Roth conversion

My understanding of in-kind transaction is for "like" (tIRA to tIRA at another custodian, for example) accounts - especially for taxable - so that there's no tax impact. For transferring across accounts (from tIRA to Roth, for example) - they will liquidate your holding (how much ever you ...
by ved
Wed Mar 15, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to work - implications
Replies: 10
Views: 743

Re: Returning to work - implications

do you have a question? Yes - different families view it differently, and make different choices. The question is in the post. We were trying to figure out what people see in spending approximately half their life in retirement. I can see us doing that ourselves under some conditions -- if the work...
by ved
Wed Mar 15, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to work - implications
Replies: 10
Views: 743

Re: Returning to work - implications

do you have a question?

Yes - different families view it differently, and make different choices.
by ved
Wed Mar 15, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!
Replies: 67
Views: 4717

Re: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!

You are a client/ customer of a bank - not a specific branch (even if you regularly conduct business with a specific branch). If another branch of a bank where you have accounts has an officer that can provide a medallion signature, then he/she should be able to provide that guarantee. If he/she is ...

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