Search found 201 matches

by nyclon
Sun Jan 14, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: "EBATES" - For real, or scam ?
Replies: 14
Views: 1353

Re: "EBATES" - For real, or scam ?

Is EBATES really a "good thing", or is it a scam of some sort? Or is it just generally useless for most things? It's hard to get details without registering, but even then, experience could be different. If a company is shown, can one purchase *anything* online from that company, or does it turn ou...
by nyclon
Sun Jan 14, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Ways to withdraw from Kraken in USA?
Replies: 5
Views: 906

Re: Ways to withdraw from Kraken in USA?

My plan is to convert my XRP (ripple) into bitcoin and send that from Kraken to GDAX and withdraw USD from GDAX. Has anyone in the USA had success with that or can you suggest a better method? I have read about trouble withdrawing USD directly from Kraken. Edit: Or I might add an extra step and con...
by nyclon
Sat Jan 13, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 23
Views: 1859

Re: Renting in NYC for a new college grad. Best practices?

I'm starting my first job out of school in NYC as a software developer later this spring. I'm trying to figure out the best practices for renting someplace, especially the mechanics around finding an apartment and getting a lease. I've never had a credit card or any loans, so I wouldn't expect to h...
by nyclon
Sat Jan 13, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Cell Phone "family plans" Sprint for 4
Replies: 25
Views: 1689

Re: Cell Phone "family plans" Sprint for 4

So far, a month into the 4 phone "family" sprint plan - worked out well. We all have unlimited calls, unlimited texts, unlimited data (but not unlimited hotspot), free HULU. DW and I got new smart phones replacing the dumb phones we had. Son got the first bill and it looks like there are some start...
by nyclon
Sun Dec 24, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house efficiently?
Replies: 13
Views: 952

Re: How to sell a house efficiently?

We want nothing more than legal and ethical, and do not want to upset anyone. However, it is clear from the track record we have that essentially forcing a decision has always been the way to lead the parent in the right direction; they get upset initially, but then accept that it was the right deci...
by nyclon
Sun Dec 24, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house efficiently?
Replies: 13
Views: 952

Re: How to sell a house efficiently?

My father and mother are in their 80s and are seeking to sell their home in order to bolster retirement capital. The home was purchased in the late 70s and, based on its value, should net ~$110k after commission. Mortgage has been paid off for decades. Social security is their only source of revenu...
by nyclon
Sun Dec 24, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house efficiently?
Replies: 13
Views: 952

Re: How to sell a house efficiently?

My father and mother are in their 80s and are seeking to sell their home in order to bolster retirement capital. The home was purchased in the late 70s and, based on its value, should net ~$110k after commission. Mortgage has been paid off for decades. Social security is their only source of revenu...
by nyclon
Sun Dec 24, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house efficiently?
Replies: 13
Views: 952

How to sell a house efficiently?

My father and mother are in their 80s and are seeking to sell their home in order to bolster retirement capital. The home was purchased in the late 70s and, based on its value, should net ~$110k after commission. Mortgage has been paid off for decades. Social security is their only source of revenue...
by nyclon
Thu Dec 21, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48563

Re: Tax Bill Omnibus Thread

Does paying estimated tax in December vs January 2018 apply to both state and federal tax, or just state? I have a large, anomalous capital gain this year for which I was planning to pay the tax in April. But it seems like I should pay in 2017 in order to itemize; having said that, I don't know if ...
by nyclon
Thu Dec 21, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48563

Re: Tax Bill Omnibus Thread

Does paying estimated tax in December vs January 2018 apply to both state and federal tax, or just state? I have a large, anomalous capital gain this year for which I was planning to pay the tax in April. But it seems like I should pay in 2017 in order to itemize; having said that, I don't know if ...
by nyclon
Thu Dec 21, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48563

Re: Tax Bill Omnibus Thread

The most important concerns for investors are to determine whether you will take the standard deduction, and recheck your marginal tax rate. ... If you will take the standard deduction in 2018 but not in 2017, make deductions this year. Pay your January 2018 estimated tax in December. Donate more t...
by nyclon
Wed Dec 13, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: fine print and credit ratings
Replies: 13
Views: 1405

Re: Term life insurance: fine print and credit ratings [insolvency]

1) Are all of the available life insurance providers included here? Or, do some choose not to list on term4sale? I would suggest contacting one or more independent insurance agents to ensure you're not missing out on anything. 2) I am wary of bankruptcies and therefore want to reduce my counterpart...
by nyclon
Tue Dec 12, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1438

Re: NBA Tickets

J295 wrote:
Tue Dec 12, 2017 5:52 pm
Thanks everyone for the insight… We are in Houston right now so looking at a Rockets game.
The rockets use flashseats - try that in addition to stubhub. Flashseats will cancel and reissue the barcode.
by nyclon
Tue Dec 12, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: fine print and credit ratings
Replies: 13
Views: 1405

Re: Term life insurance: fine print and credit ratings [insolvency]

1) Are all of the available life insurance providers included here? Or, do some choose not to list on term4sale? I would suggest contacting one or more independent insurance agents to ensure you're not missing out on anything. 2) I am wary of bankruptcies and therefore want to reduce my counterpart...
by nyclon
Tue Dec 12, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: fine print and credit ratings
Replies: 13
Views: 1405

Re: Term life insurance: fine print and credit ratings (insolvency question)

I would love to get the forum's thoughts on credit ratings. Disclaimer: 2008/2009 happened and we all know credit ratings are NOT indicative of future results. No one has a crystal ball. But, we can sort life insurers by credit rating (aka counterparty risk). And, I've seen that in the case of an in...
by nyclon
Tue Dec 12, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1438

Re: NBA Tickets

If your main goal is cheap (i.e., below face value) then your best bet is to buy from a ticket scalper outside the arena *after* the game starts. I’d go stub hub over this option due to their guarantee. Even with the fees, if you buy bad tickets they will get you in with another pair at the buyers ...
by nyclon
Tue Dec 12, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1438

Re: NBA Tickets

If your main goal is cheap (i.e., below face value) then your best bet is to buy from a ticket scalper outside the arena *after* the game starts. I’d go stub hub over this option due to their guarantee. Even with the fees, if you buy bad tickets they will get you in with another pair at the buyers ...
by nyclon
Tue Dec 12, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1438

Re: NBA Tickets

We are spending a few months in a city with an NBA team. I’d like to go see a game. I’m familiar with stub hub and the other sites. I’m wondering if the group has suggestions for securing good seats at an inexpensive price ( other than getting the company tickets from my daughter or son-in-law. Ha ...
by nyclon
Wed Dec 06, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: ETRADE - Northern Stock Index - FEES
Replies: 5
Views: 462

Re: ETRADE - Northern Stock Index - FEES

Hey guys, I have had an account with ETRADE for a while and throughout the whole year have been purchasing Northern Stock Index stock i.e. (NOSIX,NOBOX,NOINX) these transactions have always been free. Until today I noticed that all of a sudden ETRADE is charging $19.99 per transaction on these stoc...
by nyclon
Mon Dec 04, 2017 11:51 pm
Forum: Investing - Theory, News & General
Topic: What happened to municipal bonds around 1980?
Replies: 10
Views: 2116

Re: What happened to municipal bonds around 1980?

Bumping this topic for more comments. Because I hold munis in my taxable, I am concerned about duration risk, along with potential demand decreases due to tax legislation. Many on this forum recommend munis in lieu of total bond in taxable accounts, but the scenario which transpired during the late ...
by nyclon
Sat Nov 25, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: TVs: Go for $0 or $300
Replies: 17
Views: 1801

Re: TVs: Go for $0 or $300

I didn't think to check on Craigslist or eBay how much a nearly 8 year old 36" diagonal 1080p LG with 120 Hz would net us, but I would be surprised if it was north of $200. My wife wouldn't mind spending a little more for something closer to a mid grade for the bedroom, so even a little something f...
by nyclon
Sat Nov 25, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Recommend Cheap Windows Desktop for TurboTax
Replies: 10
Views: 1287

Re: Recommend Cheap Windows Desktop for TurboTax

I have to buy a cheap desktop and keyboard/mouse to exclusively run TurboTax Small Business. I need Windows 7 or 10. Anyone have any recommendations? I know nothing about buying PCs. Would love to spend no more than $100 for the PC. I already have a 27" monitor for my macbook. Think this is enough?...
by nyclon
Fri Nov 24, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: TVs: Go for $0 or $300
Replies: 17
Views: 1801

Re: TVs: Go for $0 or $300

We're planning on upgrading the home theater/main TV in the house. I'm thinking of going with a 4K (of course), HDR (compatible with both HDR10 and Dolby Vision), and 120 Hz (real refresh rate). Per the Black Friday deals, I've found a few options from LG and Vizio around $900. My question for Bogl...
by nyclon
Tue Nov 21, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 383

Re: Solo 401k contribution based on K-1 received for private equity investment exit?

You are both correct. Although I had a key role in the company for which this equity is associated, that is irrelevant.

Thank you
by nyclon
Sun Nov 19, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 383

Re: Solo 401k contribution based on K-1 received for private equity investment exit?

It sounds like the PE income is passive, not earned income. I couldn't really follow your post though. Who is creating the K-1 for the PE? The LLC. Essentially the LLC was created to collect money from friends and family. The LLC then invests the money into the PE. So, each investor in the LLC gets...
by nyclon
Sun Nov 19, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 383

Re: Solo 401k contribution based on K-1 received for private equity investment exit?

DrGoogle2017 wrote:
Sun Nov 19, 2017 12:44 pm
From what I read here, most likely not. The Solo 401k was created with the business and not with the private equity LLC.
If that's an issue, I suppose I have time to create a new solo 401k just for this (prior to 12/31) - assuming solo 401k contributions are allowed at all based on this scenario.
by nyclon
Sun Nov 19, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 383

Solo 401k contribution based on K-1 received for private equity investment exit?

Bogleheads, I set up a solo 401k many years ago for a business I run. Separately, I have a private equity investment. This year I exited that private equity investment and generated a profit. The private equity investment is held by a LLC, and I am an investor in the LLC. Each year I receive a K-1 w...
by nyclon
Thu Nov 16, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Pile of Cash - What to do
Replies: 25
Views: 3063

Re: Pile of Cash - What to do

37 years old, this pile of cash fell off a truck in Feb, so I"m trying to get back to my 90/10 allocation without making any dumb mistakes or have huge tax consequences. If you're considering any bonds, incorporate your marginal tax rate into this decision. Municipal bonds may be of interest to you...
by nyclon
Tue Nov 14, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Best Short Term, Liquid Investments
Replies: 30
Views: 4764

Re: Best Short Term, Liquid Investments

A couple of years ago my wife and I were making an offer on an apartment, so I pulled a decent amount of our investments out of the market and put them in a Discover bank account yielding 0.95%. We did not get the apartment, and have lost out on quite a few since, and that same tidy sum is still si...
by nyclon
Mon Nov 13, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: buying a tux - any experience with Indichino?
Replies: 7
Views: 581

Re: buying a tux - any experience with Indichino?

informal guide wrote:
Mon Nov 13, 2017 5:11 pm
For 40 years, I've made do with the tux I bought in a NYC thrift shop - -I wear it 1-3 times a year. But it has outlived its life.

I need to look good for a family wedding. Anyone have experience on buying a tux from Indochino? Views on value for around $500?
Try Charles Tyrwhitt as well
by nyclon
Mon Nov 13, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains tax - effective tax is higher than 15%
Replies: 15
Views: 1219

Re: Long term capital gains tax - effective tax is higher than 15%

Thank you to everyone who opined. You were on the right track. I did some digging on TurboTax, and the additional tax amount is broken down this way, as a % of the capital gain: 15% = LTCG tax 6.5% = AMT 2.1% = NIIT Total Debbie downer but I'm glad to have attributed it. PS - I noticed in other hypo...
by nyclon
Mon Nov 13, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains tax - effective tax is higher than 15%
Replies: 15
Views: 1219

Re: Long term capital gains tax - effective tax is higher than 15%

One other wild guess is that you could be in the income range where the deductibility of an IRA is being phased out. If you have last year's tax software then it would be good to do a dummy tax return so that you can look at the details to see what changes and also figure out the effect on your sta...
by nyclon
Mon Nov 13, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains tax - effective tax is higher than 15%
Replies: 15
Views: 1219

Re: Long term capital gains tax - effective tax is higher than 15%

You mentioned 35% tax bracket which implies high income. At higher levels of income (>200K single, 250K MFJ), additional taxes apply on investment income. Net Investment Income Tax (NIIT). IRS FAQ on NIIT: https://www.irs.gov/newsroom/net-investment-income-tax-faqs If you itemize deductions, high i...
by nyclon
Mon Nov 13, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains tax - effective tax is higher than 15%
Replies: 15
Views: 1219

Re: Long term capital gains tax - effective tax is higher than 15%

Are you taking social security? That can grossly distort the apparent marginal tax on other income. JW No, not taking SS. In addition, the added income may reduce some credits based on AGI like Child Tax Credit, SLI and Education credit phaseouts, etc) I'm quite certain other than the standard dedu...
by nyclon
Mon Nov 13, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains tax - effective tax is higher than 15%
Replies: 15
Views: 1219

Long term capital gains tax - effective tax is higher than 15%

Hi all - according to the long term capital gains table, at a federal bracket of 25-35%, the corresponding long term capital gains tax rate is 15%. Using tax caster, if I add the long term capital gain cash amount, the tax due increases by a cash amount equivalent to 24% of the capital gain instead ...
by nyclon
Mon Nov 13, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 62
Views: 3826

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Back on topic, with a truly indefinite timeframe, I would just invest according to your normal allocation. Don't invest in a "separate account" that could limit your return for years to come. When you get close to the point of being ready to buy, then consider either savings, CD, or short term bond...
by nyclon
Sun Nov 12, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 62
Views: 3826

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Have read a couple of threads here about "Where to invest home downpayment", but was thinking that I may need a tailored advice, so thank you in advance! Have start setting aside some cash to buy a home one day. My target is to save $50K~$60K. Part of our income is variable, so not sure if I will a...
by nyclon
Sun Nov 12, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 13333

Re: Request for Promotion letter to Senior Management

Background: 1. Been with Mega Corp for 8 years as an IT Program/Project Manager 2. Love my job and Manager I work with and have full flexibility on my schedule (WFH anytime I want). But visit the office whenever I feel like it (especially with one-on-one's with my Manager every week). 3. Been askin...
by nyclon
Sat Nov 11, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: Unnecessary Corporate Meetings
Replies: 25
Views: 2078

Re: Unnecessary Corporate Meetings

Am I just crazy or do the majority of the meetings that take place in a corporate setting unnecessary, a complete waste of time and issues discussed could have been handled in a 5 minute conversation or email? When people complain about work life balance I think of all this time wasted in meetings ...
by nyclon
Wed Nov 08, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: ETrade Individual 401k - application and practical issues
Replies: 9
Views: 1123

Re: ETrade Individual 401k - application and practical issues

Having just gone through applying for the ETrade Individual 401k (AKA Solo 401k) for myself and my spouse, I thought some guidance for those in the future might be useful. It was a harder process than I thought. It may also be useful in the future to have other practical issues addressed (contribut...
by nyclon
Tue Nov 07, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 62
Views: 3826

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Have read a couple of threads here about "Where to invest home downpayment", but was thinking that I may need a tailored advice, so thank you in advance! Have start setting aside some cash to buy a home one day. My target is to save $50K~$60K. Part of our income is variable, so not sure if I will a...
by nyclon
Thu Oct 19, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 3088

Re: [If I die before my spouse, how to direct Vanguard advisors?]

[Moved into a stand-alone thread from: Re: About Vanguard advisors: opinions, thoughts? --admin LadyGeek] I am faced with the same situation that many others have: If I predecease my spouse, she would have difficulty maintaining our portfolio, simple as it might be. We currently have all of our mon...
by nyclon
Tue Oct 17, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3713

Re: Why not CDs instead of Short Term Bonds or TIPS

Hi Nisi, There is often talk on bogleheads about the ambiguity around whether or not a bank will allow early withdrawal. Since I utilize CDs across a few banks, your post above finally made me look through the documentation of both Ally and GS Bank. I searched for the words "early", "discretion", a...
by nyclon
Tue Oct 17, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or pay off student loan
Replies: 2
Views: 457

Re: Invest or pay off student loan

Hello I am not sure if this is the correct place for this but hopefully it is. I am currently 25 years old new graduate projected to make 220k (possibly more) this year. I have a large undergraduate debt at 8.1% for 135k. My question is do you guys recommend refinancing over the long term at 5.5-6%...
by nyclon
Tue Oct 17, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3713

Re: Why not CDs instead of Short Term Bonds or TIPS

In my 401k, I maintain some of my "safe" portfolio. This typically consists of taxable bond funds, TIPS funds, etc. This is part of my LP. Larry would of course recommend TIPS or ST Treasuries as part of this allocation. I recognize that TIPS are to protect from "unexpected" inflation. Of course, t...
by nyclon
Mon Oct 09, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 817

Re: Moving to the UK from the US: tax advice requested

OP, does your company have other expats on this sort of assignment? I also can''t tell if one of you is self-employed or not? Spouse and I are both employed, and are in the process of starting a business. Currently I have self employment income. In any event, it's a really complex situation. I've l...
by nyclon
Mon Oct 09, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 817

Re: Moving to the UK from the US: tax advice requested

Hi team Bogleheads, A rather unanticipated situation has come up: an opportunity to move to the UK for a few years. Generally the idea is that since our assets are in USD and we plan to come back, I'd like to think of our home currency as USD and continue investing via US accounts. Would really app...
by nyclon
Mon Oct 09, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 817

Re: Moving to the UK from the US: tax advice requested

4. Would we still be able to contribute to company 401ks if we maintain paychecks in USD? The currency you get paid in isn't relevant. Will you be employed by a company that offers a 401(k)? Which legal entity will employ you? I have leverage on how things get set up. So, I'm asking for advice on t...
by nyclon
Sun Oct 08, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 817

Moving to the UK from the US: tax advice requested

Hi team Bogleheads, A rather unanticipated situation has come up: an opportunity to move to the UK for a few years. Generally the idea is that since our assets are in USD and we plan to come back, I'd like to think of our home currency as USD and continue investing via US accounts. Would really appr...
by nyclon
Tue Aug 22, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: NY 529 plan - fee reduction, glide path options, increased account maximum and other changes
Replies: 4
Views: 839

NY 529 plan - fee reduction, glide path options, increased account maximum and other changes

Received an email from the NY 529 plan today. It said the following, and also included a PDF overview of the change. All good things! Starting September 22, 2017, New York's 529 College Savings Program Direct Plan is making 4 big improvements to your plan. Here's what we're doing: Lowering your cost...