Search found 177 matches

by mrgeeze
Sun Nov 04, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Protecting Bankruptcy Assets
Replies: 6
Views: 1012

Protecting Bankruptcy Assets

State is Va. Friend contemplating bankruptcy. Serious illness. Won't get better. I'm trying to help out with a bit of a financial mess. I have read the state exclusions for chapter 7 in virginia. I understand his residence and IRA are protected. He may soon sell a property that should put about 100K...
by mrgeeze
Thu Nov 01, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - Over the cliff and back.
Replies: 2
Views: 581

ACA - Over the cliff and back.

I have a situation where I might significantly exceed the Cliff.
I know what happens.

What I'm wondering is whether I will suffer any repercussions applying for or getting ACA subsidy in following years?
I shouldn't have a problem staying under next year.

Thanks,
by mrgeeze
Wed Oct 31, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 4935

Re: Falling off the ACA subsidy cliff

I'm in a similar situation such as yourself, projected to fly right off that ACA cliff and if so, would have to pay back $10,000 in subsidies. Last year our MAGI was right below the cliff; this year both wife and myself made more income. I'm pulling every possible lever I can to get below the cliff...
by mrgeeze
Wed Oct 31, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 4935

Re: Falling off the ACA subsidy cliff

indexfundfan wrote:
Wed Oct 31, 2018 10:29 am
Note: You can contribute to the HSA only if the plan you selected during open enrollment last year was HSA eligible.
Important point. +1
by mrgeeze
Wed Oct 31, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 4935

Re: Falling off the ACA subsidy cliff

My understanding is that you DO NOT want to go over the cliff. Note PERIOD. So, Tax loss harvesting of investments. Eat some losses. Contributing to a qualified HSA. This counts as a deduction on ACA MAGI Calculation. That can provide up to $6-7000, basically what you need. Make sure you get it all ...
by mrgeeze
Wed Oct 31, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: HealthCare 2019 - No ACA Subsidy
Replies: 55
Views: 3933

HealthCare 2019 - No ACA Subsidy

In the state of Virginia

Single male 60 years old
Income exceeds ACA maximum

What are the best places to shop for insurance.
I can examine no subsidy Healthcare.Gov plans- Just wondering if there are any better options out there/

THanks
by mrgeeze
Mon Oct 29, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: IT Career Advancement-What path?
Replies: 37
Views: 2711

Re: IT Career Advancement-What path?

1. Learn Relational Databases - Learn what normalization means Learn SQL syntax 2. Learn to code I suggest C# to start. Get really good at it. Put 1 and 2 together and you will be employed for life. I quit coding over 3 years ago and still have people calling me throwing good $$$ at me. Codd wrote t...
by mrgeeze
Sun Oct 28, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5462

Re: Timber as an alternative - didn't work so well...

I guessing one can harvest white oak timber about once every 50-100 years. Better make a lot on that investment. What I scratch my head on is the rise of prices lately on almost all construction lumber. Surely the hurricanes of the last few years have driven demand. I guess foreign demand has some p...
by mrgeeze
Sat Oct 27, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing MAGI to qualify for ACA Premium Tax Credit
Replies: 12
Views: 1373

Re: Reducing MAGI to qualify for ACA Premium Tax Credit

Instead of dealing with estimating your income, it's simpler to pay the full premium during the year, then get the credit back when you file your taxes. That's assuming of course that you have the cash available. Not Hardly! Who has 10k lying around to tie up in insurance premiums? All one need do ...
by mrgeeze
Wed Oct 24, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: The ship metaphor
Replies: 24
Views: 2015

Re: The ship metaphor

Keep the pointy end forward
When it doubt,pull back on the throttle.
Above all, remain calm.

All good maritime and stock market advice.
by mrgeeze
Tue Oct 23, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Assume existing mortgage
Replies: 2
Views: 310

Assume existing mortgage

The state is Virginia. I am not a lawyer I wish to payoff an existing mortgage ($100k) on a residence that is not my own. I wish to put a lien on the property to protect my interest if the house is sold. What are the mechanics of this action. I reckon I need a lawyer. Any idea how much I will pay fo...
by mrgeeze
Mon Oct 22, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 55
Views: 5882

Re: Too Much APPL Stock

Few companies survive more than 100 years and Apple is already 42. I also have a personal theory that when companies build lavish headquarters it marks a change in the thinking of management—they think they're geniuses so they put the company on cruise control and put their feet up on their desks. ...
by mrgeeze
Thu Oct 18, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Helping out with early onset Alzheimer's
Replies: 15
Views: 1783

Helping out with early onset Alzheimer's

Good friend diagnosed at Age 60. Recently Divorced. X sympathetic but understandably mixed emotions Daughter working toward disability/Medicaid to provide ongoing income/healthcare Complicated situation. Expectation that financial advice and some $$ support will fall on friends soon for stopgap. One...
by mrgeeze
Sun Oct 14, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Mexican Pacific Beaches
Replies: 58
Views: 6687

Re: Mexican Pacific Beaches

We went to Puerto Escondido last year. The beaches are very nice and most of the visitors are Oaxacans. The food is outstanding, traditional Oaxacan and coastal. Not a tourist haven. +1 on Oaxaca and even further down in Chiapas. Huatulco is full on local destination with highrises and boat tours. ...
by mrgeeze
Fri Oct 12, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3031

Re: Pacific Northwest trip

Thinking of taking about a 9-day trip to Oregon/Seattle next summer with the family (adult kids). Does 5 days in Portland and 4 days in Seattle seem like enough time to get a good feel for each place? Probably would do day trips from each city but I only want to say in two hotels/AirBnBs. Any sugge...
by mrgeeze
Thu Oct 11, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 68
Views: 3991

Re: Anyone here major in Economics in college?

Started in Econ in the college business school. Tranferred to Agricultural Econ in the Ag school The quantitative Micro side seemed more advanced in the ag school back then. Did a masters at Cornell in Ag econ. Studied a lot of Animal Science. Ultimately became a freelance software developer. Career...
by mrgeeze
Thu Oct 11, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 104
Views: 5614

Re: Keep a backup hot water heater?

My hot water heaters (2-40 gallon) are approaching 15 years old. Some of my neighbor's have already failed (same age). Has anyone kept a spare in case of failure? I plan to install it myself and this would save me a trip to the Home Depot during a morning family crisis (I can imagine it now). I kno...
by mrgeeze
Wed Oct 10, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1095

Re: Hiking NH White Mountains. Taking one lens.

Day trip. Will be @ 5200 ft (Mt. Lafayette)...it is peak foliage here right now. I will be about 1,000 ft above tree line on top of Lafayette. Here are my lenses. I'm only taking one. Canon 24-70 F2.8 II Canon 50 F1.2 Canon 16-35 F4 Canon 100-400 F4.5-5.6 I was also considering toughing it out brin...
by mrgeeze
Sun Oct 07, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9901

Re: What is your annual cost for health insurance?

Healthy couple 64yo in Cali (Bronze HDHP/ PPO no ACA subsidy): 2018: $20,099 premium; $9,600 deductible; expect to pay $2,300 out of pocket (deductible not reached) 2019 quote: $22,405 premium; $12,000 deductible; OOP unknowable, transitioning to Medicare anyway.... Don't forget the 3.8% net invest...
by mrgeeze
Mon Oct 01, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: New Snowbird- Tucson AZ
Replies: 21
Views: 3353

Re: New Snowbird- Tucson AZ

not an issue.
van is 20feet long
fits in a standard parking spot.
by mrgeeze
Mon Oct 01, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: New Snowbird- Tucson AZ
Replies: 21
Views: 3353

New Snowbird- Tucson AZ

Thinking about spending a month or two (Jan-march)in Tucson this winter (2019) Finding many places are already booked during this time. I guess we're a bit late to the ball Checking out the regular places (Airbnb,Vrbo, prop mgt firms). Any bogleheads have some good ideas they may have learned. Our i...
by mrgeeze
Sat Sep 29, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6992

Re: Got my new Iphone Xs

My previous phone was an Apple 4s. . . . . I run a variety of apps that are processor and storage intensive. Lol I really cannot reconcile these two statements. I didn't even know there were still functioning 4 series iPhones out there. Was that even getting iOS updates? I thought the X was amazing...
by mrgeeze
Thu Sep 27, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6992

Got my new Iphone Xs

Man, what a computer!! Phone work's great also. My previous phone was an Apple 4s. I'm not a person who upgrades very often. But this is some phone. I spent about $1300 for a totally tricked out (512GB) model I run a variety of apps that are processor and storage intensive. I dig the face id, the ge...
by mrgeeze
Tue Sep 25, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6653

Re: My Very First Smartphone — Please Critique This Plan

i had an iphone4s for years and years. my iphone xS just arrived an hour ago. it is totally bad to the bone! its a supercomputer with a small screen. I bought the fully tricked out one with 512gb storage for my music, performance audio, and high resolution maps. I know I know, paid over 1200 bucks f...
by mrgeeze
Tue Sep 25, 2018 5:48 am
Forum: Personal Finance (Not Investing)
Topic: 2019 ACA prices out
Replies: 47
Views: 4883

Re: 2019 ACA prices out

Just got my notice from Kaiser. Unsubsidized bronze for myself, a 62yo male, will be $791/month up from $700/mo this year. Not as bad an increase as I was expecting. Interesting that a measly 12% increase elicits gratitude! I wonder why the prices keep going up? A plethora of rationale is always fo...
by mrgeeze
Tue Sep 25, 2018 5:14 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2109

Re: Acoustic Pianos

I feel a quality instrument is in order for someone committed to music. At this point get a small grand piano at a price point you can afford. There really is no substitute. $7 grand for an instrument for beginner kids and those who "eventually would like to learn" is, imo, a terrible waste of mone...
by mrgeeze
Tue Sep 25, 2018 4:59 am
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3426

Re: $450 for 1.5 hour plumbing job normal?

A pin-hole leak developed in an elbow of a copper pipe. Our trusted handyman said he could fix it for $450 and said it would be quick. He would have to replace several inches of the copper pipe and the elbow. We asked why so much and he said because the "parts" are expensive. After noticing our con...
by mrgeeze
Mon Sep 24, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2109

Re: Acoustic Pianos

Danger Will Robinson!!! my background I have played music for 45 years. I have instructed many students. Some are pretty good. I feel a quality instrument is in order for someone committed to music. At this point get a small grand piano at a price point you can afford. There really is no substitute....
by mrgeeze
Mon Sep 24, 2018 5:47 am
Forum: Personal Consumer Issues
Topic: Can salt water kill weeds permanently?
Replies: 18
Views: 2914

Re: Can salt water kill weeds permanently?

Be very aware that long term effects of chemicals on you, the rest of us, and the world we live in are not completely understood New things have come to light (nod to the Dude) even on things we previously thought "safe" like glyphosate(Roundup,etc). Chemistry is a really powerful tool. Use it well....
by mrgeeze
Mon Sep 24, 2018 5:03 am
Forum: Personal Consumer Issues
Topic: Bareboat Charter in BVI
Replies: 20
Views: 2641

Re: Bareboat Charter in BVI

I prefer power to sail. Its just easier to get around. I would go with a power cat as big as you can afford comfortably. Boats can get very small after only a few days, especially if someones having an attitude. Monohulls seem more difficult to find some personal space. They are kind of like long ha...
by mrgeeze
Wed Sep 19, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11789

Re: Did you really have something to retire to?

retiredjg wrote:
Wed Sep 19, 2018 3:12 pm
flyingaway wrote:
Wed Sep 19, 2018 2:55 pm
For those who are retired, did you really have something solid to retire to?
I didn't. Not a clue. It has not been a problem. :happy
+1
by mrgeeze
Mon Sep 17, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9515

Re: Thinking of Retiring at 52, Please Critique Plan

Honestly I was a bit apprehensive when I stopped "working for the man" 3 years ago. I did my research, my ducks were in a row. My financial advisor assured me I was ready. But I was nervous I wasn't overjoyed at my job back then but I did not hate it. Indifference would be a good term. I dug the $$$...
by mrgeeze
Mon Sep 17, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9515

Re: Thinking of Retiring at 52, Please Critique Plan

I would be terrified about health insurance if I were you. If you had asked me years ago I would have said that what's happened to insurance would have been completely unsustainable and yet here we are. So what will it cost you? $10k this year, $20k next year... how long before $40k? Remember the c...
by mrgeeze
Sat Sep 08, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - AGI and MAGI ... The cliff ahead. need deductions
Replies: 5
Views: 746

Re: ACA - AGI and MAGI ... The cliff ahead. need deductions

Great stuff fellow forum members! Exactly what I needed. Thanks. I've got a bronze ACA plan in place now that allows an HSA contribution. Nice to know I can wait till April 15.That should allow for any final tweaking. I've had some experience with wash sales. I will probably buy some of the losses b...
by mrgeeze
Sat Sep 08, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - AGI and MAGI ... The cliff ahead. need deductions
Replies: 5
Views: 746

ACA - AGI and MAGI ... The cliff ahead. need deductions

This is my second year on ObamaCare. Its been great for us.. Saves about 10k per year in premiums. Anyway looks like I'm perilously close to going over the cliff this year. Basically I'm over it now. I live entirely off my investments. w-2 income is zero, corporations/partnerships are about zero. Gi...
by mrgeeze
Fri Jul 20, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 162
Views: 14421

Re: What I spent in 6 months on medicare

I am 63 and paying 24k a year for HSA bronze plan, plus my wife spent 3 days in the hospital that cost Me 6k. Can't wait for Medicare. Plus about $300 for rx. I need to join the real world. I am stunned by these prices. Truth is many people are in the dark about the cost of healthcare in the US. Fo...
by mrgeeze
Wed Jul 18, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about job change but current job gives 9% salary into 401k..
Replies: 27
Views: 3600

Re: Thinking about job change but current job gives 9% salary into 401k..

Consider the $$. Just for math lets say 25% tax rate. So a 9 grand match on an IRA is worth about 11 grand in payroll. If the other guy gives you 10-12 grand in salary you are indifferent. By that I mean its the same thing. Except you can spend it however you wish. While I agree that its just money...
by mrgeeze
Wed Jul 18, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about job change but current job gives 9% salary into 401k..
Replies: 27
Views: 3600

Re: Thinking about job change but current job gives 9% salary into 401k..

So just as the title states.. I'm considering going back to my old employer but one of the most amazing perks that this company offers is that I get 9% of my annual salary deposited into my 401k no matter if I contribute or not. HOWEVER, they unfortunately have very expensive John Hancock funds. I'...
by mrgeeze
Fri Jul 13, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?
Replies: 33
Views: 6172

Re: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?

I'd also be uncomfortable with this personally and would want additional compensation for the risk/wear. I'd also want to approve of the subs. Forgetting your comfort, I would want some extra security deposit on the subs. I think you can reasonably expect more maintenance with more people. Check yo...
by mrgeeze
Thu Jul 12, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Question for pre-ACA Early Retirees and pre-ACA solo folks
Replies: 33
Views: 2096

Re: Question for pre-ACA Early Retirees

I worked as an independent contractor for 15 years before I retired at 57. During those years my one man band company paid healthcare premiums to the tune of about 10k per year. I could just have easily purchased the same coverage as an individual in the states I lived during this period (VA,NC,MD) ...
by mrgeeze
Thu Jul 12, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Which degree to pursue?
Replies: 18
Views: 1701

Re: Which degree to pursue?

Six Sigma has always interested me, but I was unsure if was still considered a respectable certification. To be honest, I really do not want to do engineering, but I understand that it is highly respected in my industry. I wouldn't go to school to learn things I didn't want to do -- life is way too...
by mrgeeze
Thu Jul 12, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Couple Early Retirement
Replies: 29
Views: 2681

Re: Health Insurance for Couple Early Retirement

Consider the first year as a penalty year. So pay the highest premium needed but use that year to manage income for following years such that you can receive highest ACA subsidy. In fact he should have used COBRA months to do it already. It will end up costing tens of thousands of dollars more than...
by mrgeeze
Sun Jul 01, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Should I cancel my Colorado trip due to wildfires??
Replies: 19
Views: 2079

Re: Should I cancel my Colorado trip due to wildfires??

We spent 2 months last summer out west and did some fire dodging. We're going back out west for 2 more months in a couple of weeks Flexibility is key to enjoying your trip. If you are willing to change itinerary to go where the smoke ain't , you'll be fine. If you need to adhere to a mapped out sche...
by mrgeeze
Fri Jun 29, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 4316

Re: Anyone Tried Youtube TV Yet?

i use it.
seems like the best thing out there for live tv for a cord cutter.
tried some of the other ones.
like youtubetv the best of them all
by mrgeeze
Fri Jun 29, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Determining "Fair Market Value" for a home
Replies: 14
Views: 1194

Re: Determining "Fair Market Value" for a home

An appraisal from a licensed appraiser would not be a bad idea. +1. This is the best way. The appraiser gives you a FMV based upon his assessment of the property and comparable sales in the area. I'd like to believe a single appraisal will give you fair market value. But I don't. My experience with...
by mrgeeze
Thu Jun 28, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Need opinion on buying a Lakewood guitar
Replies: 18
Views: 1317

Re: Need opinion on buying a Lakewood guitar

Do you have a shop close to you where you can sit down and play one? So much of guitars is based on personal preference, type of playing, tone dynamics, how it feels in your hand. It will be difficult to know if it fits your budget and style This! Go try a bunch and see what feels sounds best. No 2...
by mrgeeze
Thu Jun 28, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 10923

Re: Stocks vs. rental property

Dear experts, I was wondering if you think investing (say 1 million dollars for example) in rental property may be better than stocks and bonds? Because rental property would provide appreciation as well as monthly incoming though there is always the pain of not being able to find tenants? Or shoul...
by mrgeeze
Tue Jun 19, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 74
Views: 5983

Re: "distilled" water for wife's CPAP machine

TappyGee wrote:
Mon Jun 18, 2018 3:47 pm
I used the water from my under sink reverse osmosis system. It works great and leaves no residue in my tank.
+1

Except with mine the faucet is not under the sink but near the main sink faucet.

Joke... everyone laugh :D
by mrgeeze
Sat Jun 16, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 59
Views: 5848

Re: What are your hobbies?

deep sea fishing
guitar playing
wood turning
furniture building
travel
birding
hiking
boating (sail and power)
cooking
by mrgeeze
Wed Jun 13, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: What To Do About 2001 Honda Odyssey With No AIr
Replies: 16
Views: 1506

Re: What To Do About 2001 Honda Odyssey With No AIr

A complete AC replacement kit for a 2001 Odyssey is about $300. I wouldn't lose any sleep about what happens if they can't find the leak. $300 seems a bit light for an a/c replacement with parts and labor. I'm guessing its more in the $750-1000 range but it varies depending on the vehicle. Assuming...