Search found 650 matches

by Good Listener
Sun Jan 13, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: When and how to report income
Replies: 12
Views: 840

Re: When and how to report income

How much income are we talking about per year? Do the other folks know he is compensating himself?
by Good Listener
Sun Jan 13, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping collision insurance on auto policy for older car?
Replies: 25
Views: 2103

Re: Dropping collision insurance on auto policy for older car?

I would drop the collision. I would keep the comprehensive even if not worth it because if my car is stolen I want a partner to help me navigate the system.
by Good Listener
Sat Jan 12, 2019 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 10988

Re: Biggest Investment Mistake

aspirit wrote:
Fri Jan 11, 2019 9:32 pm
RJC wrote:
Fri Jan 11, 2019 8:40 pm
Good Listener wrote:
Fri Jan 11, 2019 6:22 pm
The second marriage. :oops:
:shock:
:P The first marriage went well then eh?
Well it lasted longer.
by Good Listener
Sat Jan 12, 2019 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: 4 cents left in traditional IRA after Backdoor Roth
Replies: 13
Views: 1217

Re: 4 cents left in traditional IRA after Backdoor Roth

This is standard for a backdoor roth. Just convert it all.
by Good Listener
Fri Jan 11, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 30
Views: 2364

Re: Roth conversion

See PM.
by Good Listener
Fri Jan 11, 2019 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 10988

Re: Biggest Investment Mistake

The second marriage. :oops:
by Good Listener
Fri Jan 11, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: USPS price increase on 1/27/19
Replies: 74
Views: 6600

Re: USPS price increase on 1/27/19

Unfortunately my 91 year old mother learned about this. So I am going to have to do online bill pay for her as she writes more checks than the treasury.... $10 here and there for charities all the time. She said it will now cost too much. I think this is a bad move by USPS as it will drive more peo...
by Good Listener
Sun Jan 06, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: USPS price increase on 1/27/19
Replies: 74
Views: 6600

Re: USPS price increase on 1/27/19

Unfortunately my 91 year old mother learned about this. So I am going to have to do online bill pay for her as she writes more checks than the treasury.... $10 here and there for charities all the time. She said it will now cost too much. I think this is a bad move by USPS as it will drive more peop...
by Good Listener
Sat Jan 05, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: Keeping old statements from closed accounts
Replies: 22
Views: 1900

Re: Keeping old statements from closed accounts

Given that you have said that it is all pretax, I see no point in keeping any of the annual or quarterly statements. I have a piece of paper on which I wrote the name and number of all closed accounts and what I did with them (all were transferred to my Vanguard IRA) but it's for historical memory a...
by Good Listener
Sat Jan 05, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Windows 10 / Office 2019 headache
Replies: 24
Views: 1578

Re: Windows 10 / Office 2019 headache

I have had no real problems with Win 10 for the last few years. However, if you want to stick with Win 7 you could get Libre Office instead of MS Office: https://www.libreoffice.org/download/download/. It can do pretty much anything the expensive MS suite can. I ran into similar problems as OP. I d...
by Good Listener
Mon Dec 31, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else in frontier markets?
Replies: 31
Views: 1540

Re: Anyone else in frontier markets?

So you have 4% of your assets in frontier markets. And the purpose is.... to play?
by Good Listener
Sat Dec 29, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8939

Re: How to afford a sports car?

I think the best way to afford it is not to get it. Unless you are expecting a big inheritance, you need to save for your future. I suggest you consider rethinking your priorities and consider whether having a sportscar now will help you later. Good luck.
by Good Listener
Sat Dec 29, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is this budget lean enough?
Replies: 31
Views: 2070

Re: Is this budget lean enough?

I'm not exactly being responsive but adding a twist..This is supertight if you have a reasonably good income and much too much if you make minimum wage. Four people are being supported by 1. If the other adult is not handicapped, having that person earn something would go a long way to easing the di...
by Good Listener
Sat Dec 29, 2018 3:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8061

Re: My favorite Boglehead posters

I add:
Victoria F
Dodecahedron

What happened to SS critic? He was great.
by Good Listener
Thu Dec 27, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Why not go all small cap value for equities?
Replies: 72
Views: 4407

Re: Why not go all small cap value for equities?

I think it is a waste of time. Eveven taxwise, the distributions are much less qualified than TSM. . Yes some studies show it helps and then the day you do it, it won't anymore. If it was so easy then people would only buy SCV. In fact, to the extent that there are enough dollars tilting now, it wil...
by Good Listener
Wed Dec 26, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Part D Medicare Plan
Replies: 15
Views: 1315

Re: Choosing Part D Medicare Plan

I much prefer that so one doesnt have to wait a week for USPS and worry if it gets there. The website shows you both mail order and retail costs and you can see if they differ. If you get a 90 day supply you can refill/renew sooner than 90 days leaving plenty of time for the drugs to arrive before ...
by Good Listener
Wed Dec 26, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Part D Medicare Plan
Replies: 15
Views: 1315

Re: Choosing Part D Medicare Plan

I think what they put for estimated annual price has some obscure assumptions and is not simply what you will pay if you take your meds. But when I worked through the math last year, the order of cheapest to most expensive for me ended up being about the same. Make sure your Pharmacy/Pharmacies are...
by Good Listener
Wed Dec 26, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: 12/26/2018 is why you don't want to TLH to cash
Replies: 14
Views: 1446

Re: 12/26/2018 is why you don't want to TLH to cash

Although I dont TLH or sell anything, people who do would be well advised to read this post.
by Good Listener
Mon Dec 24, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help Requested on Manual Tax Loss Harvesting
Replies: 15
Views: 641

Re: Help Requested on Manual Tax Loss Harvesting

Your answer to 2) brings to mind a question I keep forgetting to ask. Let's say somebody is not familiar with the idea that buying a dividend is bad. So they buy Total stock market fund in early December, The dividend is paid a few weeks later in December and then the 1099-div they get in January w...
by Good Listener
Mon Dec 24, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing Part D Medicare Plan
Replies: 15
Views: 1315

Re: Choosing Part D Medicare Plan

What I did was put in my drugs and sort by lowest total price. If her 2 drugs are generic, then the costs of the drugs are likely minimal (and you can check that at the medicare.gov site) in which case go with the lowest premium. All in all, the part d cost is relatively tiny and the IRMAA swamps th...
by Good Listener
Mon Dec 24, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 ES - Non-Equal Payments - ok?
Replies: 24
Views: 1181

Re: 1040 ES - Non-Equal Payments - ok?

This is great info and I've learned a lot. I do have one question though about the official IRS wording on this and my situation in particular. As an earlier poster wrote, the exact quote from IRS.gov said: Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax...
by Good Listener
Mon Dec 24, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 ES - Non-Equal Payments - ok?
Replies: 24
Views: 1181

Re: 1040 ES - Non-Equal Payments - ok?

I make completely uneven payments. As unequal as possible actually: x,0,0,0. I hate doing transactions and as such often do things for convenience that economically are nonsensical. So for the federal income tax for example, I calculate 110% of the prior years taxes when I file in February and then ...
by Good Listener
Mon Dec 24, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help Requested on Manual Tax Loss Harvesting
Replies: 15
Views: 641

Re: Help Requested on Manual Tax Loss Harvesting

1. No, you are not selling the right amount. You need to sell ALL shares of SCHB in order to maximum tax savings even if those tax savings happen over 2 years. 2. No. Don't worry about dividends as thinking about them right now is a red herring. A question for you: SCHB paid some dividends, right? ...
by Good Listener
Sat Dec 22, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Investing In Short Time Horizons
Replies: 44
Views: 3069

Re: Larry Swedroe: Investing In Short Time Horizons

A few questions/thoughts for Random Walker.... Whether I agree or disagree with you (although I dont know enough to do either), you present the information in a way indicating that you are very, very familiar and knowledgeable (I mean that as a compliment). So why would you pay anybody to implement...
by Good Listener
Fri Dec 21, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Investing In Short Time Horizons
Replies: 44
Views: 3069

Re: Larry Swedroe: Investing In Short Time Horizons

A few questions/thoughts for Random Walker.... Whether I agree or disagree with you (although I dont know enough to do either), you present the information in a way indicating that you are very, very familiar and knowledgeable (I mean that as a compliment). So why would you pay anybody to implement ...
by Good Listener
Fri Dec 21, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: This is why I'm wary of buying stocks on a bad Friday
Replies: 22
Views: 4025

Re: This is why I'm wary of buying stocks on a bad Friday

You appear to understand statistics. If you remove the word ONLY before 47% then we have a mean of -0.35 with a SD of 2.35 and up 47% of the time. Therefore it is essentially an even chance on any given Monday and you would need to make the play probably 100 times to show an advantage.
by Good Listener
Sat Dec 15, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Accounts rebalancing philosophy
Replies: 5
Views: 343

Re: Accounts rebalancing philosophy

I wanted to add that since one of my tax-deferred accounts has equities and bonds in it, I can do all portfolio rebalancing in that account while taking into account what my other accounts have in them. But I don't need to make any special rebalancing transactions in my taxable nor in my Roth accou...
by Good Listener
Sat Dec 15, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Real experiences of someone who did not have Medigap policy?
Replies: 21
Views: 2296

Re: Real experiences of someone who did not have Medigap policy?

Outstanding medigap policies like the F I have cost about $200 per month. I think it is nuts to try to save that and risk who knows what. One good heart attack, a cancer diagnosis, etc can ruin you.
by Good Listener
Fri Dec 14, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5258

Re: Forgoing health insurance

I am concerned about something else. If 2 presumably normal adults in the mid 40s and 3 children are retired, I would assume there's a boatload of income coming in from OP's investments. But there is a question of whether 15k is available for health insurance for 5 people? Mayne there needs to be mo...
by Good Listener
Wed Dec 12, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Received IRS letter - be proactive or sit back?
Replies: 25
Views: 3037

Re: Received IRS letter - be proactive or sit back?

Assuming you had a divorce settlement or judgement, the dependency aspects of children are mentioned as a matter of course unless this was pro se or you had a college student as a lawyer. It is difficult to imagine that you had that second legal battle without a final judgement or lawyers being allo...
by Good Listener
Tue Dec 11, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Estimated Year-End Distributions (Div & CG)
Replies: 58
Views: 5108

Re: Updated Vanguard Estimated Year-End Distributions (Div & CG)

Thanks for posting. I am getting so fed up with Total stock market having 5% of the dividends being ordinary dividends every year. But all of my lots have pretty large gains so there is no way out to the 500 fund. And worse, the tax free bond funds have been distributing long term gains and short te...
by Good Listener
Wed Dec 05, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Sign Up
Replies: 22
Views: 2161

Re: Medicare Sign Up

I hate Medicare Advantage. Not because you're committed for a year, which if the network or things go against you, you can get out. (My company retiree plan enrolled me and after 2 months I left for a supplement plan. I had 1 thing that required prior authorization which I did get but could have had...
by Good Listener
Sat Nov 24, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: ESPN plus subscription question
Replies: 10
Views: 1064

Re: ESPN plus subscription question

Is there any way to watch it on a Smart TV other than streaming from a device? And I am concerned that one won't be able to easily switch channels or games like if one was watching tv. Tell me I'm wrong,........
by Good Listener
Tue Nov 20, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Buying Google Home Minis on Ebays
Replies: 14
Views: 1347

Re: Buying Google Home Minis on Ebays

There is currently a Spotify promotion where you receive a code for a free Google Mini with a premium family subscription. What people are doing is signing up for a free trial, getting the code, then canceling the account before the free trial expires. Rinse and repeat with different email addresse...
by Good Listener
Tue Nov 20, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Buying Google Home Minis on Ebays
Replies: 14
Views: 1347

Re: Buying Google Home Minis on Ebays

OP here. I ordered from two different sellers. Both worked like a dream.
by Good Listener
Sun Nov 18, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Buying Google Home Minis on Ebays
Replies: 14
Views: 1347

Re: Buying Google Home Minis on Ebays

OP here. Doesnt Ebay guarantee your purchases and ding the seller for the funds back and even bar them if they commit fraud?
by Good Listener
Sun Nov 18, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Buying Google Home Minis on Ebays
Replies: 14
Views: 1347

Buying Google Home Minis on Ebays

I am going to add google Home mini devices around the apartment to complement my main Google Home device in the living room. (These are Google's version of the Amazon echo/Alexa line). On Ebay, many sellers are selling 100% promotional codes for insanely small amounts like $3. For that amount you ge...
by Good Listener
Sat Nov 17, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott & Roth Conversions
Replies: 45
Views: 3653

Re: Ed Slott & Roth Conversions

I am not looking at rates and I am converting at the 35% rate. One cannot compare the currents rates to future rates since future rates are unknown and I cannot imagine them not going up, possibly substantially.
by Good Listener
Fri Nov 16, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Employment for a disabled son
Replies: 29
Views: 2372

Re: Employment for a disabled son

Doesnt the state or locality have employment opportunities for autisitic and other handicapped people? Even better, is he eligible or able to get on the waiting list for a group home as that may provide both residential and employment opportunities? You may not like the sound of a group home but wit...
by Good Listener
Thu Nov 15, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6882

Re: Wait, do I need a prenup?

Deleted.
by Good Listener
Wed Nov 14, 2018 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Failed to take RMD for 5 yrs. Inherited IRA from trust.
Replies: 9
Views: 1425

Re: Failed to take RMD for 5 yrs. Inherited IRA from trust.

I'd reverse the approach. I would find a decent accountant and let that person prepare the returns. There will be penalties of various types and they might be able to help mitigate it. I doubt your doing it and then asking for a review will be optimal or that somebody would be willing. You should fi...
by Good Listener
Mon Nov 12, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

Re: RMDs in the year one becomes 70 1/2

If there is any chance you will re locate to a low income tax state, that would be a major factor in conversion planning. But you probably know that. Thanks for the thought. If I had any brains I would get out of New Jersey as it's nuts here. However I am obligated to be here forever and after that...
by Good Listener
Mon Nov 12, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

Re: RMDs in the year one becomes 70 1/2

OP here & I would be delighted for you to tell me I have the wrong approach. I have a whole bunch of disjointed reasons that I'll indicate below. I will be 70 in late 2022. In my mind, these next several may be the lowest years of Taxation that we will ever have. So even accounting for dropping into...
by Good Listener
Sun Nov 11, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

Re: RMDs in the year one becomes 70 1/2

Thanks all. Very helpful.
So to dig deeper.....I understand that the rmd would come before a conversion. However, as long as I leave enough to satisfy the RMD amount, can I convert to a Roth in the year I turn 70.5 prior to doing a QCD after I become 70.5?
by Good Listener
Sun Nov 11, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

Re: RMDs in the year one becomes 70 1/2

Any funds that you withdraw from a retirement account counts toward the RMD. But not conversions. True, ... but RMDs come out first, then conversions. Therefore once you enter the year you turn 70 you must take an RMD based upon the account balance as of 12/31/prior year. Since you will have driven...
by Good Listener
Sun Nov 11, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Google Pay (or Apple Pay)
Replies: 1
Views: 357

Google Pay (or Apple Pay)

Google pay is almost identical to Apple pay so hopefully more of you can help me. I have been using Google pay very successfully on my smartphone. I love it. I understand that there's a virtual account number of which the last four digits differ from the credit card account number and that is what p...
by Good Listener
Sun Nov 11, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

RMDs in the year one becomes 70 1/2

To make it short: in the calendar year that one bevomrs 70.5, is one required to take a Required Minimum Distribution or only if there is a balance after becoming 70.5? If you would like a longer version or interested in why I am asking: I am now into a several-year strategy in attempting to fully c...