Search found 589 matches

by danaht
Sun May 12, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring out HSA in kind
Replies: 6
Views: 630

Re: Transferring out HSA in kind

I transferred all my assets from TD Ameritrade/HSA Bank to Fidelity. I was easily able to move the ETFs in kind. There is another thread that has a lot of posts about this: viewtopic.php?f=10&t=263661
by danaht
Sun May 12, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: W-2 earner looking to lower effective tax rate
Replies: 33
Views: 4002

Re: W-2 earner looking to lower effective tax rate

It sounds like you are already doing everything you can (max out 401k, contribute fully to HSA). There is really nothing else you can do as a W2 employee. You could see about converting as a 1099 contractor - but then you would lose a lot of benefits. You would lose your employer's very generous HSA...
by danaht
Sat May 04, 2019 5:03 pm
Forum: Personal Investments
Topic: Vanguard Free/Zero Funds
Replies: 43
Views: 4186

Re: Vanguard Free/Zero Funds

If Fidelity can do it - so can Vanguard. Vanguard could justify the expense as a way to get more business - just like what Fidelity did.
by danaht
Sun Apr 28, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: HSA and Tax question
Replies: 9
Views: 607

Re: HSA and Tax question

HSA Tax question: 1. Can I take above the line deduction with my HSA after-tax non-payroll direct contribution using form 8889 ? 2. Am I going to loose any tax benefits by NOT doing payroll deductions for HSA vs direct contribution at Fidelity ? 1. Yes 2. You will lose payroll tax deductions (SS an...
by danaht
Sun Apr 28, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Texas property tax protest
Replies: 55
Views: 5207

Re: Texas property tax protest

As someone who just applied for a job in TX, I have to ask about these outrageous property taxes. Do they go up every year? Is personal property taxes in Texas high as well? I live in Arkansas, where they tax you on everything, including income. It seems AR is death by a thousand cuts and TX is jus...
by danaht
Sun Apr 28, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Texas property tax protest
Replies: 55
Views: 5207

Re: Texas property tax protest

In general, you should always protest your property taxes in Texas. You really have nothing to lose if your county offers an online appraisal protest feature. In which case, you can try lowering your appraised value instantly online - and if the computer AI gives you the same or higher appraised val...
by danaht
Sun Apr 21, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 80
Views: 5262

Re: In which companies do you own a single share, or token amount, of stock?

I usually buy token shares of companies that I like and I buy these commission free in my Merrill Edge account. SJM - 4 shares - I really like their peanut butter! BAC - 15 shares - Bank of America offers a great loyalty program for credit cards and free stock trades INTC - 5 shares - I have liked t...
by danaht
Sun Apr 21, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How to get USAA insurance?
Replies: 20
Views: 1987

Re: How to get USAA insurance?

If your too old to join the military - the easiest option is to marry an active or former military veteran. But I would not recommend doing this just to get USAA insurance. USAA may not be the best insurance company now - and there are other options that are at least as good that are available to mo...
by danaht
Sun Apr 21, 2019 10:37 am
Forum: Personal Investments
Topic: Need help selling MLP [Master Limited Partnership]
Replies: 10
Views: 811

Re: Need help selling MLP

It looks like you don't really have that much in gains. But to get a better picture of the gains - how long have you held these MLPs for? In the worst case scenario - you would only be able to deduct $3000 in losses every year (and carry the rest of the losses forward). I agree that MLPs are very ba...
by danaht
Sat Apr 20, 2019 7:33 am
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 53
Views: 5077

Re: Ever Too Much in HSA?

Congratulations on being able to save that much in your HSA at your age. You really can't have too much in a HSA. Medical costs are rising at a higher rate than inflation - and have been for years. The HSA is the best place to save for future medical costs. Also, the HSA can act like another IRA if ...
by danaht
Sat Apr 20, 2019 7:27 am
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 4870

Re: How far would you commute?

30 miles (one way) is my limit. It's also what I am doing in my my current job. It takes about 2 hours (total round-trip time) each day to do this. This drive seems to get worse every year as the population here increases. My mega-corp also used to have a time off policy where you could have every o...
by danaht
Fri Apr 19, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1036
Views: 89926

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Previously I asked a question about transferring from Optum to Fidelity and did not get any responses. So let me answer my own question: I did a transfer using the "pull" method at Fidelity from Optum bank. Here's what I experienced: * Transfer is painfully slow. You need to print stuff, send it to...
by danaht
Wed Apr 10, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 4792

YouTube TV is increasing their price - will you cancel it?

YouTube TV just announced a price increase to $49.99 for existing customers effective May 13th. For this extra price - we are getting a lot of extra channels/features. How many people who have You Tube TV are going to cancel it now? $37 a month I guess was too good to be true. Since, I am no longer ...
by danaht
Sat Apr 06, 2019 5:44 pm
Forum: Personal Investments
Topic: Can I contribute to non deductible IRA?
Replies: 14
Views: 744

Re: Can I contribute to non deductible IRA?

If you will not reach age 70.5 this year, you can. That does not mean you should. There really is no downside to contributing to a traditional IRA (if you are over the Roth Income limit). I would just make sure you maximize your 401k and HSA before contributing to a traditional IRA. I am starting t...
by danaht
Sat Apr 06, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: The Best HSA
Replies: 75
Views: 11955

Re: The Best HSA

I am one of those folks whose employer is paying the Optum Bank $1.50/mo fee while I'm in active employment. Optum has the Institutional share class of the Vanguard fund I want, so it aligns with my investment choices. My only requirement is to a $2,000 cash drag + $25 transfer to new custodian fee...
by danaht
Sat Mar 30, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7172

Re: Anybody else get a huge tax increase due to SALT deduction changes?

I am also now taking the standard deduction (12k) every year. Prior to the tax changes - I used to bunch my deductions every other year. The end result is that I probably would have slightly lower taxes with the new law- except..... My overall taxes now are much higher because I am partially convert...
by danaht
Sun Mar 24, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5503

Re: Where do you find high paying jobs?

Sometimes it depends on the company you work for. For instance - in this article they list the average pay for airline mechanics in 2017: https://www.dallasnews.com/opinion/commentary/2019/03/22/southwest-mechanics-reach-sweet-deal-pressure-sides In the article - they mention the top paying company ...
by danaht
Sun Mar 17, 2019 11:03 am
Forum: Personal Investments
Topic: Possible over contribution to Roth IRA
Replies: 5
Views: 340

Re: Possible over contribution to Roth IRA

I personally would just stop contributing and leave it until you do your 2019 taxes (assuming these contributions are for the 2019 tax year). Once you do your 2019 taxes (and before you file your 2019 return) - you will then have an exact figure you are over by. You can then correct the mistake by h...
by danaht
Tue Mar 12, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 5628

Re: Peanut Butter recommendations

I find that any of the JM Smucker's natural (100% peanuts and salt) peanut butter brands are the best tasting (Laura Scudder, Adams Natural, or Smucker's Natural). The downside is the cost. My local Walmart used to sell the Adams Natural brand at a very good price in a very large container - but no ...
by danaht
Sat Mar 09, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Charging Monthly Fee - How to Avoid it?
Replies: 19
Views: 2147

Re: HSA Charging Monthly Fee - How to Avoid it?

The dark ages of HSA investing are now over. During the dark ages, I said that whoever provides no fees and a good investment lineup with first dollar investing would get the money. I guess we'll see now. Fidelity at least got my money. I thought you had an Optum HSA account. Do you still have it -...
by danaht
Thu Mar 07, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5623

Re: How long have you gone without a raise?

I found that megacorps do not always give raises. If they deem that you are making above your job title - then you may only get a bonus instead for good performance. Now if you are in a union - the "union contract" job usually demands a 2 to 3% raise (everyone gets a raise regardless of performance)...
by danaht
Fri Mar 01, 2019 11:34 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 14369

Re: Why does dividend investing not work?

I think people are mostly against buying individual stocks on this forum - that is why they dislike the idea of a strategy who's goal it is to buy 100% individual stocks. Of course you are much better off being truly diversified with a total stock market index fund instead. But having said that - I ...
by danaht
Sun Feb 17, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 375
Views: 41610

Re: Losing a job in your 50's...

I think we should all plan to retire in our 50s. So, if we do get laid off at that time - we will already be financially independent. At least that is my current plan. I am 47 now - and am planning to retire at 57. Hopefully, no emergencies occur that will change this. I also could decide to work ad...
by danaht
Sun Feb 17, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: using uber versus buying a car
Replies: 54
Views: 3635

Re: using uber versus buying a car

I would not own a car while I am working if these were true: 1) I lived close enough to work - where I could walk or take a train or I worked 95% from home 2) I lived close enough to a grocery store to get groceries without a car. Unfortunately, I only can check one of the two. I live 30 miles from ...
by danaht
Thu Feb 14, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5539

Re: Indiv. REITs in taxable because of new tax law? Aargh!

This was a helpful thread. In another thread I recently asked the same question (unaware of this thread at the time). I suspect it will be determined once final regulations are provided. Thanks. Maybe somebody like a mod could link or merge these threads together. Also my understanding is that the ...
by danaht
Thu Feb 14, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge Tax Delay - 1099's Delayed two weeks
Replies: 17
Views: 896

Re: Merrill Edge Tax Delay - 1099's Delayed two weeks

I'd rather receive a late and accurate form rather than get a corrected 1099 a month later. I think end of February is a usual time frame for a lot of brokerages to send it. Also, there might be some delays due to the new tax laws. I am kind of curious how (or even if) they are going to report the 2...
by danaht
Thu Feb 14, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to hold 6 month emergency fund?
Replies: 8
Views: 1063

Re: Best place to hold 6 month emergency fund?

These might be good options for an emergency fund: 1) See if your work has a credit union. Many employer credit unions have a 3% to 4% FDIC insured interest checking account (mine has a 4% monthly interest account up to the first $25,000). 2) Robinhood may soon offer a 3% interest SIPC insured money...
by danaht
Sun Feb 10, 2019 5:21 pm
Forum: Personal Investments
Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
Replies: 84
Views: 5640

Re: Whats better to hold, Roth dollars or Tax-deferred dollars ?

Since no one knows the future - I think it would be wise to have equal amounts (50/50) of traditional 401k/IRA, and Roth accounts. Since the tax brackets have been lowered recently - I have started to make large partial conversions from my traditional IRAs to Roth. I plan to do this until the indiv...
by danaht
Sun Feb 10, 2019 9:44 am
Forum: Personal Investments
Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
Replies: 84
Views: 5640

Re: Whats better to hold, Roth dollars or Tax-deferred dollars ?

Since no one knows the future - I think it would be wise to have equal amounts (50/50) of traditional 401k/IRA, and Roth accounts. Since the tax brackets have been lowered recently - I have started to make large partial conversions from my traditional IRAs to Roth. I plan to do this until the indivi...
by danaht
Sat Feb 09, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7653

Re: How many hours do you work and what do you outsource

Senior Java developer- I commute to work Monday through Friday and work 6:30 AM to 3:30 PM with a mandatory hour lunch break within that time period (40 hours of work) It also takes me 1 hour and 45 minutes to commute every day. 40 hours of work 5 hours of mandatory lunch break 8.75 hours of driving...
by danaht
Thu Feb 07, 2019 8:37 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1036
Views: 89926

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

For those who initiated a full transfer of assets from TD Ameritrade (either with Lively or HSA Bank) to Fidelity, was the transfer automatically in-kind (full shares transferred over with fractional shares liquidated to cash first)? Was curious to see if anyone shifting assets from TDAM > Fidelity...
by danaht
Fri Feb 01, 2019 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 225
Views: 28104

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

I wish I could make gas 2% and the grocery/department store option 3%. But, it seems that the grocery is a permanent 2% category that cannot be changed. So, the new options are good - just not good enough for me to may any changes.
by danaht
Sun Jan 27, 2019 9:06 am
Forum: Personal Investments
Topic: HSA as tax deferring investment vehicle??
Replies: 5
Views: 767

Re: HSA as tax deferring investment vehicle??

Also a HSA will probably be better than "tax deferring" - I think most people will have enough medical bills in their lives to make it tax free. Hope your current medical plan is HSA qualified!
by danaht
Sat Jan 26, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard stole $0.01?
Replies: 80
Views: 5833

Re: Vanguard stole $0.01?

Well, my new 401k provider (Empower) charges me $.01 to $.02 randomly - usually once a month/ or every other month. The description is always something like "miscellaneous payment". I am debating if it's even worth my time to call about it. But I guess it's similar to your Vanguard experience in thi...
by danaht
Sun Jan 20, 2019 12:52 pm
Forum: Personal Investments
Topic: REIT in tax deferral account?
Replies: 11
Views: 593

Re: REIT in tax deferral account?

Correct - holding a REIT in a 401K, IRA, and Roth accounts is the ideal place for it. Just be careful of individual stocks. Some of the stocks that pay 10%+ dividends are value traps - and may even go out of business. Buying a REIT index fund (like VNQ) might be a better approach - if you want to ov...
by danaht
Thu Jan 10, 2019 11:13 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1036
Views: 89926

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Looks like my transfer from HSA Bank/ TD Ameritrade to Fidelity just completed. Some notes for people who are thinking about transferring: 1) I started the transfer on January 3rd - so it only took 6 business days to complete. 2) I transferred all of of the cash in my HSA Bank savings account to TD ...
by danaht
Sun Jan 06, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 482
Views: 51675

Re: What is/ was your career and would you recommend it now?

software developer - I would kind of recommend it. (see below) pros: Good hours are possible. The company I work for now keeps a 40 hour work week policy. If you work more - you usually get time off for that later. Good pay is possible. It's possible to get really good pay depending on your skill le...
by danaht
Tue Jan 01, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: The big Value Trap year of 2018
Replies: 35
Views: 3798

Re: The big Value Trap year of 2018

The market went too far up in 2017 - we were long due for a "reversion to the mean". I think the S&P 500 is fairly valued now. 2019 will probably be a good year to invest in the S&P 500 for the long term.
by danaht
Tue Jan 01, 2019 1:17 pm
Forum: Personal Consumer Issues
Topic: Porting Landline # to Google Voice On The Cheap
Replies: 18
Views: 2416

Re: Porting Landline # to Google Voice On The Cheap

+1 for porting to T-Mobile first. You can buy a used T-Mobile phone for $10 (if you don't have one) and get a pre-paid sim for it for $10. Then just transfer your land line number to the T-Mobile (pay as you go account). Once your number is transferred to T-Mobile - then you can start the google voi...
by danaht
Sun Dec 30, 2018 10:33 am
Forum: Personal Investments
Topic: any reason not to sell my REIT (VNQ)
Replies: 13
Views: 1165

Re: any reason not to sell my REIT (VNQ)

A REIT index fund like VNQ is tax inefficient in a taxable account. However, an individual REIT stock is more tax efficient due to the recent tax law changes (a 20% tax deduction applies). I am not advocating that you buy individual stocks - just stating the facts. I like the valuation of both REITs...
by danaht
Fri Dec 28, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1036
Views: 89926

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

My transfer from TDA to Fidelity was completed on 12/26, which fell between the ex date and payment date for my etf dividends. I'm hoping they will get swept in to Fido automatically. I had planned to close my HSA Bank acct before the new year to avoid the next month's fees but maybe I should wait ...
by danaht
Fri Dec 28, 2018 8:29 am
Forum: Personal Investments
Topic: HSA account with Fido vs others?
Replies: 4
Views: 608

Re: HSA account with Fido vs others?

There are really only two HSAs to consider that offer no fees for individuals: 1) Fidelity 2) Lively (*no fees starting in January 2019) As a consumer - I would not consider any other HSA at this point. I am leaving HSA Bank in January 2019 for Fidelity. But, I will need to keep my Optum HSA account...
by danaht
Wed Dec 26, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Nice jeans for work with lowest average cost of ownership
Replies: 107
Views: 7693

Re: Nice jeans for work with lowest average cost of ownership

Target occasionally has a 20% off jeans sale. When the sale happens - I get the Denizen (from Levis) Relaxed Fit 285 . These are comfortable jeans that truly are relaxed fit. A lot of the other "relaxed fit" jeans are not really that relaxed fit. These jeans are good quality, look good - and I wear ...
by danaht
Thu Dec 20, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Lively has caved on HSA fees
Replies: 16
Views: 1391

Re: Lively has caved on HSA fees

I am curious how Lively will be able to generate income. Does TD Ameritrade pay them anything for all the assets that are managed? Fidelity is able to generate income by increasing the assets under management. I would be more inclined to go with Fidelity - just because I would worry about Lively's o...
by danaht
Sun Dec 16, 2018 7:24 pm
Forum: Personal Investments
Topic: Protection of brokerage accounts in Vanguard / Fidelity with more than 250K / 500K
Replies: 17
Views: 3127

Re: Protection of brokerage accounts in Vanguard / Fidelity with more than 250K / 500K

I think Fidelity and Vanguard should almost be considered "too big to fail". I am not losing too much sleep on either one failing.
by danaht
Sun Dec 16, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: How much do you pay for internet only?
Replies: 79
Views: 5340

Re: How much do you pay for internet only?

$57.46 a month in north Texas with Spectrum. It's a great service - very fast - and only goes down about twice a year for a few hours. On a related note: I can't wait for wireless 5g networks to appear here. The 5g speed will finally be able to compete with cable - and no more wires for my dog to di...
by danaht
Sun Dec 16, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 20366

Re: Favorite Purchase of 2018?

Google Pixel 3 XL - Great camera, and I finally get a phone with wireless charging. No more dealing with the usb port getting clogged with lint after 1 year.
by danaht
Sun Dec 16, 2018 8:57 am
Forum: Personal Investments
Topic: Fidelity Contra Fund
Replies: 24
Views: 2280

Re: Fidelity Contra Fund

I used to have Contra Fund as well. What made me sell it was the recently increasing expense ratio. Right now it is at .74%. So you are almost losing 1% a year to expenses by owning this fund. However - if your 401k plan offers a cheaper expense ratio for the fund (some do) - it might be worth inves...
by danaht
Sun Dec 16, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Shell $0.05/gal discount card
Replies: 27
Views: 1630

Re: Shell $0.05/gal discount card

Thanks. Good to know. I really like Shell - and even own some of their stock. Unfortunately a lot of Shell stations have been converted to Exxon stations in my area - but I have a few Shell stations left still by my work.
by danaht
Sun Dec 02, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Please Recommend a New Car for Me
Replies: 53
Views: 4612

Re: Please Recommend a New Car for Me

Sites like Edmunds are better suited for your search. No one drives manuals any longer. Subarus are designed for the Northeast. I drive a manual - and prefer it. Hopefully automakers continue to produce these as long as they make ICE vehicles. Electric cars and hybrids of course will be the end of ...