Search found 530 matches

by Small Law Survivor
Sat Oct 06, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: 2018 Bogleheads Conference Notes
Replies: 36
Views: 5027

Re: 2018 Bogleheads Conference Notes

I'd be interested to hear what Mr. Bogle had to say regarding slide 49: "Vanguard's New Factor ETFs - Add the Hot Sauce, Hold the Bogle"
by Small Law Survivor
Thu Oct 04, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Is it wrong to have too many funds?
Replies: 9
Views: 589

Re: Is it wrong to have too many funds?

I have too many funds. I know it's not the best way to handle my finances, but I can't bring myself to simplify. I do know exactly what I have, and they are well organized by taxable, my Roth IRA, wife's Roth IRA, wife's inherited IRA, my trad. IRA, my HSA and (I'm ashamed to admit it) my Vanguard v...
by Small Law Survivor
Wed Oct 03, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 68
Views: 8398

Re: Moneytalk with Bob Brinker coming to an end

Listened to Bob back in the '80s and '90s, Saturday and Sunday shows. Really enjoyed them and learned a lot from him.
by Small Law Survivor
Wed Oct 03, 2018 8:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 75
Views: 9535

Re: livesoft is almost at 50,000 posts...

nyblitz wrote:
Wed Nov 30, 2016 2:56 pm
He has helped me with my marriage, children, job, neighbors, pets, cars, exercise, travel, houses, finances (well, it IS a financial website, so I guess that's a given).
+1
by Small Law Survivor
Sun Sep 30, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: 8606 mess and what to do
Replies: 41
Views: 3986

Re: 8606 mess and what to do

Shallowpockets wrote:
Sun Sep 30, 2018 11:27 am
Too much trust in your tax accountant. Having one is like paying for an FA. You don't really know what's going on.
Sadly, this is true.
by Small Law Survivor
Sat Sep 29, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Why don't I read about this strategy more? It seems reasonable and pretty straight forward.
Replies: 68
Views: 8493

Re: Why don't I read about this strategy more? It seems reasonable and pretty straight forward.

I think what the OP describes is momentum investing. The period used (here 12 months) is variable - often it is less than 12 months. This strategy is much-described and analyzed, and seems to have many adherents.
by Small Law Survivor
Sat Sep 29, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: 8606 mess and what to do
Replies: 41
Views: 3986

Re: 8606 mess and what to do

I had to recalculate my tIRA basis this year - my past-accountant had made a number of mistakes over the last 10 years. Boy, am I unhappy with him. I downloaded the 8606 forms for each year, and filled them in with the correct numbers. I then had my tax preparer (a registered agent), check them. Thi...
by Small Law Survivor
Thu Sep 27, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 8972

Re: Losing Passion for Hobbies. Cheap or normal aging?

I'm 67 and I've had many hobbies come and go over the years. Sometimes they never return (at least not yet - bird watching). Other times they can return after being dormant for decades (guitar). I wouldn't worry about it.
by Small Law Survivor
Wed Sep 26, 2018 7:13 am
Forum: Personal Consumer Issues
Topic: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon
Replies: 21
Views: 2532

Re: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon

OP, If you have a problem, it is easier to deal with Verizon than Comcast. Verizon is regulated more closely than Comcast. KlangFool +1 I am a victim (I mean customer) of both and strongly prefer Verizon over Comcast. Comcast is much sleazier and their website and online support services much less ...
by Small Law Survivor
Tue Sep 25, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25169

Re: What is your single most expensive mistake?

In 2001 I bought three individual tech stocks, $20,000 each, $60,000 total. These are the only stocks I ever purchased. They had each fallen at least 50% during the dot com crash, so I figured they were a bargain. Two went to zero, the third I eventually sold in 2016 for $10,000. I turned $60,000 in...
by Small Law Survivor
Tue Sep 25, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon
Replies: 21
Views: 2532

Re: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon

pennybags873 wrote:
Tue Sep 25, 2018 7:38 am
OP,
Sounds like this issue is resolved.

Trust, but Verify.
Then put it behind you and enjoy life.
Doing that, thanks.
by Small Law Survivor
Tue Sep 25, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: What is the Purpose of Vanguard's "Transfer on Death" Form?
Replies: 3
Views: 532

What is the Purpose of Vanguard's "Transfer on Death" Form?

Vanguard sent me a link to an IRA beneficiary change request at my request, but at the same time they sent me a link to a Transfer on Death form.

What is the purpose of this form? I've never even heard of it before, at least that I can recall.
by Small Law Survivor
Mon Sep 24, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

DA200 wrote: Not the OP. In my case and many other families with young children, there is a need to name the trust as a beneficiary of the IRA, 401k, 403b, 457b, etc. I certainly don't want my only child (minor) to have full access to a couple million dollars in tax deferred accounts until they are...
by Small Law Survivor
Mon Sep 24, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

Perhaps the OP can explain what s/he would hope to accomplish by putting a tIRA into a trust. Not the OP. In my case and many other families with young children, there is a need to name the trust as a beneficiary of the IRA, 401k, 403b, 457b, etc. I certainly don't want my only child (minor) to hav...
by Small Law Survivor
Mon Sep 24, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon
Replies: 21
Views: 2532

Re: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon

I'm the OP. I called them again this morning, and spoke with a "supervisor" (who refused to give me her name). She said she was canceling the two year contract, and she sent me an email confirmation. It showed a cancellation fee of over $300, but she said she was crediting my account by this amount,...
by Small Law Survivor
Sun Sep 23, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon
Replies: 21
Views: 2532

How to Get Rid of My Unauthorized “Two Year Contract” With Verizon

I’ve been a Verizon subscriber for more than 15 years - phone, FIOS Internet, TV. I may have had a two year contract with them back in year one, but after it expired I went “off contract.” Back in June I called Verizon and changed my TV plan from “everything” to just sports/news. The phone rep tried...
by Small Law Survivor
Sun Sep 23, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Can salt water kill weeds permanently?
Replies: 18
Views: 2886

Re: Can salt water kill weeds permanently?

I have a lot of weeds, but I also have a well, and our drinking water comes from it. So, I haven't used any of the products described above, and the weeds are winning ....
by Small Law Survivor
Sun Sep 23, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: “Floating Basement Flooring” - Which Product?
Replies: 5
Views: 566

“Floating Basement Flooring” - Which Product?

I made the mistake of carpeting our finished basement room many years ago. The wall-to-wall carpet sits on the concrete floor. The carpet has gotten wet on and off over the years (probably coming up through the concrete), and I suspect this has led to mold. I need to remove the carpet and put down n...
by Small Law Survivor
Sun Sep 23, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 25
Views: 1297

Re: Thoughts on Using Medicare Consultant that is Paid by the Insurers

Thanks for all these comments and observations. Small Law Survivor
by Small Law Survivor
Sun Sep 23, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

I'm the OP - thank you for these responses. I will study this and respond a bit latter if I have questions/comments. Small Law Survivor
by Small Law Survivor
Sun Sep 23, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 9372

Re: Delaying Social Security Until 70

A little over a year from now, three months before I turn 70, I'll go over to a SS office early one morning to apply for my maximal benefit in person. That makes it easy to clarify the details... I've had to got to my local SS office a few times already for various things. Would really like to avoi...
by Small Law Survivor
Sat Sep 22, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

The complications arise because of the desire to leave the remaining money to a charity and to get the stretch. Since taking the stretch must be based on the age of the oldest beneficiary, it only works when all of the beneficiaries are people. Having a charity in the mix makes it impossible to do ...
by Small Law Survivor
Sat Sep 22, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

Spirit Rider wrote:
Sat Sep 22, 2018 8:49 am
Do a projection. Pick a percentage for each.

Then you can periodically adjust the percentages while you are alive.
Yes, this is what I had in mind:

Trustees of Reservations - 10%
Charity 2 - 10%
Charity 3 - 20%

and so on ....
by Small Law Survivor
Sat Sep 22, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

I don't know but have you considered the 100% DIY approach? Split your IRA accounts into two (or more) and put different beneficiaries on each account. IMO, that has to be the lowest cost and least complicated thing. JW I don't understand how you would do this. There is one beneficiary (daughter) u...
by Small Law Survivor
Sat Sep 22, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

Perhaps the OP can explain what s/he would hope to accomplish by putting a tIRA into a trust. We have a large estate, and half of it is in tIRA and Roth IRA. We have one daughter. She insists she will never marry, and for reasons I don't want to go into here, this could very well prove to be true. ...
by Small Law Survivor
Fri Sep 21, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 25
Views: 1297

Re: Thoughts on Using Medicare Consultant that is Paid by the Insurers

This is a peculiarity of Massachusetts. If I understood him correctly, Mass doesn't have "Plan F" - it has something called "Supplemental 1 Plan", which is similar. This is a topic I don't understand yet, so I need to investigate further. If Plan F = Supp 1, then yes, he does recommend it. He menti...
by Small Law Survivor
Fri Sep 21, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 25
Views: 1297

Re: Thoughts on Using Medicare Consultant that is Paid by the Insurers

Ask if his possible recommendations include Medigap F High Deductible plans. If he gives you some song and dance about people not wanting to deal with all the paper work involved with HD plans, that may be a strong indication that he does not have clients’ best interest top of mind. That is to say,...
by Small Law Survivor
Fri Sep 21, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 25
Views: 1297

Re: Thoughts on Using Medicare Consultant that is Paid by the Insurers

What I am trying to understand - what was this guy doing making his pitch at your law firm? Is there a large no. of the staff at this firm that is approaching Medicare age? Actually, he drew a good crowd - much more than I would have anticipated. Not only are many people in their early 60s (I'm 67,...
by Small Law Survivor
Fri Sep 21, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 25
Views: 1297

Thoughts on Using Medicare Consultant that is Paid by the Insurers

Yesterday, my law firm had a presentation by a Medicare consultant. This guy is a CFA and a CLTC (Certification in Long-Term Care). He discussed Medicare generally, and answered questions. Based on what I know about Medicare, he seemed very sharp. Basically, he crunches the numbers and advises peopl...
by Small Law Survivor
Fri Sep 21, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 45
Views: 3255

Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

I met with an estate planning attorney this week, and mentioned that a significant portion of my assets are in trad and Roth IRAs, and that I'd want them to be included in a revocable trust. She seemed a bit taken aback by this - she said this is "complicated". Is that right? Has anyone here experie...
by Small Law Survivor
Fri Sep 21, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 9372

Re: Delaying Social Security Until 70

Apparently the social security staff often give a recipient a lump sum representing half of a year of benefits and then calculate your retirement based on an age of 69.5 instead of 70. Make sure you tell them you do not want any retroactive lump sum. The source of my information is three years old,...
by Small Law Survivor
Sun Sep 16, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 47
Views: 3946

Re: Equity allocation for Flagship clients?

50/50 here also.

"BostonBoy" - that's funny, I've used that name on many other websites (maybe even here, long ago).

Small Law Survivor
by Small Law Survivor
Sun Sep 16, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?
Replies: 52
Views: 7942

Re: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?

Use YNAB classic, and like it. But there was a pretty steep learning curve when I first started using it.

We use it to see what we've spent historically, not as a prospective budgeting tool.
by Small Law Survivor
Sat Sep 15, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: Is Hardwood Floor No Maintenance (vs Carpet)?
Replies: 39
Views: 3868

Re: Is Hardwood Floor No Maintenance (vs Carpet)?

dm200 wrote:
Sat Sep 15, 2018 3:27 pm
In the last few years, "manufactured" wood floors have become more popular.
Could you give an example of this? I'm thinking of tearing off a basement carpet, and this would be a good alternative.
by Small Law Survivor
Thu Sep 13, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Anyone Installed or Have Experience With a "Top Ceiling" Chimney Damper?
Replies: 0
Views: 140

Anyone Installed or Have Experience With a "Top Ceiling" Chimney Damper?

We have a chimney that we rarely use. It's on an exterior wall in a room that's two stories high. The fireplace sends a lot of cold air into the room in the winter, and the brick wall itself gets very cold when it gets cold in Massachusetts. I mentioned this to a chimney sweep, and he suggested inst...
by Small Law Survivor
Fri Aug 31, 2018 8:01 am
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 55
Views: 6444

Re: Has Anyone Tried Youtube TV?

may want to make sure it works on your 'device' before signing up, giving a CC number etc. I have a Roku and every app works on it (Netflix, PlaystationVue, Hulu, the Youtube app etc)....BUT, when installing the YoutubeTV app- it won't launch on my Roku. Tried installing/uninstalling, system update...
by Small Law Survivor
Thu Aug 30, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3364

Re: high RMD withdraw from 401k question

arcticpineapplecorp. wrote:
Tue Aug 28, 2018 6:59 pm
you could look at here:

http://taxplancalculator.com/calc
That's a handy tax calculator, thank you!
by Small Law Survivor
Thu Aug 30, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 35225

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

Yup, did it last year - was a HELOC, had a $90,000 outstanding balance. Walked into bank that held the HELOC with a check for full balance. Felt good. Still feels good. And, I did this before I learned that new tax law eliminated deduction for HELOC loans, which was only conceivable basis for mainta...
by Small Law Survivor
Thu Aug 30, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2573

Re: How to Treat "Negative" Basis in Nondeductible IRA

I'm the OP. My tax preparer screwed this up. The form requires you to calculate a fraction based on division. She did this wrong, and instead of coming up w/a number small than one, she came up with a number larger than one, leading to a zero basis. I have fixed the problem, and all is good now. I h...
by Small Law Survivor
Fri Aug 24, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 49
Views: 6642

Re: Woodstock

I was living in Boston, 18 years old. We jammed 13 friends into a VW Bus owned by the driver's mother, and went to Woodstock. It was a great deal of fun, and we were essentially drug-free. We went for the music. I was (am) a guitarist, and I worshipped Hendrix - his performance was my primary motiva...
by Small Law Survivor
Tue Aug 21, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1307

Re: Cable Modem Router recommendations

There have been many lengthy, detailed posts on this topic. Search router to find them. More than you'll ever want to know, most likely.
by Small Law Survivor
Mon Aug 20, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Cheapest Home Insurance ?
Replies: 34
Views: 3016

Re: Cheapest Home Insurance ?

I have had Chubb for 25 years, but I am not happy with them. Earlier this year, at renewal time, I asked my broker to help me figure out how to reduce my $6,000 premium. She failed miserably - every time I tried to decrease one thing, another increased. And, the agent was unable to explain this in a...
by Small Law Survivor
Sun Aug 19, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2573

Re: How to Treat "Negative" Basis in Nondeductible IRA

After reading all these posts (thank you all), I am pretty sure, that we made a mistake, and I think I know where we did it - in line 10, which requires you to calculate a fraction. I'm going to go back and go through this process again. We did it by hand, and I only need to redo 2012 to present. No...
by Small Law Survivor
Sat Aug 18, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2573

Re: How to Treat "Negative" Basis in Nondeductible IRA

Celia, I think you are looking at it backwards. If you have a basis of $5,500 and do a conversion of $5,000, your remaining basis is $500 not -$500. The math should be basis minus conversion , not conversion minus basis. However, since you see it that way, maybe our original poster does to. Small L...
by Small Law Survivor
Fri Aug 17, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Best (most practical, low cost) Luggage for Airline Travel
Replies: 56
Views: 3900

Best (most practical, low cost) Luggage for Airline Travel

My wife and I are going to several locations in Italy this Fall. However, our luggage is the old, soft nylon style with two wheels and a handle. I noticed when I took a trip recently that many people in the airline terminals have "hard shell"/four wheel luggage, and I'm wondering (a) should we purch...
by Small Law Survivor
Fri Aug 17, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2573

How to Treat "Negative" Basis in Nondeductible IRA

I have made nondeductible contributions to my traditional IRA for many years. I have also done Roth conversions and recharacterizations. My current (new) accountant dug into this a bit, and I realized that my former accountant had not prepared Form 8606 for some years, and had done it incorrectly in...
by Small Law Survivor
Sat Aug 11, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9907

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Swimmer wrote:
Wed Aug 08, 2018 11:13 am
I was told by Costco Citi Visa that their coverage dropped from $3000 to $1500 effective July 31, 2018.
Just called Costco Citi Visa, and was told coverage is still $3,000 per person.
by Small Law Survivor
Thu Aug 09, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9907

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Swimmer wrote:
Wed Aug 08, 2018 11:13 am
I was told by Costco Citi Visa that their coverage dropped from $3000 to $1500 effective July 31, 2018.
Their online material still says $3,000. I'd like to know if this is correct:
https://www.cardbenefits.citi.com/~/med ... coCon.ashx
by Small Law Survivor
Thu Aug 09, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How to Respond to a "Proposed Amount Due" Notice From IRS
Replies: 15
Views: 1959

Re: How to Respond to a "Proposed Amount Due" Notice From IRS

The plan described in the original post is perfectly fine. I am not sure why you think it is not possible. You can say you agree with one proposed change but disagree with the second proposed change. And you can send a payment for the change you agree with. Being questioned about a 529 withdrawal i...