Search found 65 matches

by marco1910
Sun Mar 31, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 35375

Re: [2018 tax return - How does it compare to previous years?]

Well than I’m lower middle class in Cali, way lower. It seems I’m the demographic that is moving out of state.
by marco1910
Sun Mar 31, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 35375

Re: [2018 tax return - How does it compare to previous years?]

Understand but it looks like I’m paying about 5k more on the same income. I will adjust my withholding but the SALT cap really hurts
by marco1910
Sun Mar 31, 2019 12:16 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 35375

Re: [2018 tax return - How does it compare to previous years?]

2017 - received $3300 refund from the feds
2018 - I own $2200 to the fed

I also have to now pay the fed $1400 each quarter for future 2019 taxes. I live in Cali and not feeling good at the moment. I think the middle class in Cali got screwed.

D
by marco1910
Mon Feb 27, 2017 1:33 am
Forum: Personal Investments
Topic: tax efficiency advice for retirement withdrawals
Replies: 4
Views: 860

tax efficiency advice for retirement withdrawals

Greetings, I'm 61 years old and a couple of years away (I hope) from retirement but am already starting to plan and wondered if someone can point me to either references on how best to withdraw my assets in retirement. I will have about 30% of my total asset in non tax deferred and about 70% in tax ...
by marco1910
Wed Dec 28, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 11316

Re: Are there any benefits to achieving "great wealth"?

It can give you freedom of choice to spend your time however you want and yes you can help others with it but ultimately, wealth is a perspective from within
by marco1910
Tue Oct 25, 2016 11:07 pm
Forum: Personal Consumer Issues
Topic: Chocolate Recommendations
Replies: 64
Views: 7786

Re: Chocolate Recommendations

Trader Joe's 88% is the best!
by marco1910
Sun Apr 24, 2016 12:37 am
Forum: Personal Investments
Topic: company acquisition and 401k transfer
Replies: 1
Views: 282

company acquisition and 401k transfer

Greetings, My company just got acquired and the acquisition is set to close in May. We just got an email from our benefits person that our 401k is going to terminate 4/30 in anticipation of acquisition close. We have absolutely no information on the new companies 401k..etc. I am thinking of: 1. Movi...
by marco1910
Sun Jan 10, 2016 9:32 pm
Forum: Personal Consumer Issues
Topic: Films or TV with great period sets
Replies: 46
Views: 4731

Re: Films or TV with great period sets

I thought the new movie "Carol" was a great production..set in the 1940's..they did a great job in the period..
by marco1910
Mon Sep 07, 2015 7:50 pm
Forum: Personal Consumer Issues
Topic: Reverse Osmosis System Recommendations
Replies: 2
Views: 437

Re: Reverse Osmosis System Recommendations

actually found a lot of prior threads...and I can't delete this so many apologies..
by marco1910
Mon Sep 07, 2015 7:46 pm
Forum: Personal Consumer Issues
Topic: Reverse Osmosis System Recommendations
Replies: 2
Views: 437

Reverse Osmosis System Recommendations

Any Boogleheads running Reverse Osmosis systems at home? can you recommend a manufacturer? Also: * 4,5,6, 7 stage? What is the best bang for the buck? Sounds like more stages, more to go wrong * Do I need to add minerals back into the water? Does the system to it? * Any other things I should take in...
by marco1910
Sat Jan 03, 2015 11:36 pm
Forum: Personal Investments
Topic: Should I continue to contribute to my Traditional IRA
Replies: 7
Views: 1350

Re: Should I continue to contribute to my Traditional IRA

Unfortunately no..moving iras to 401k not an option.
by marco1910
Sat Jan 03, 2015 11:00 pm
Forum: Personal Investments
Topic: Should I continue to contribute to my Traditional IRA
Replies: 7
Views: 1350

Should I continue to contribute to my Traditional IRA

Greetings, Just turned 59. I max out on my 401k every year, don't quality for a Roth, can't backdoor a roth due to a rollover. I have a traditional (non-deductible) IRA. I'm wondering should I contribute for 2014 and 2015. I have the cash. I usually also buy ibonds. Is there an advantage for me with...
by marco1910
Sat Jan 03, 2015 12:26 pm
Forum: Personal Investments
Topic: back door roth question
Replies: 4
Views: 526

Re: back door roth question

"Do you have a 401k or similar work plan that will accept your rollover IRA?" Yes..actually it looks like my 401k (Great West Financial) accepts rollover IRAs. What is the advantage to that? I don't consider my 401k plan very good as far as stock/bond selections whereas my rollover IRA has the best ...
by marco1910
Thu Jan 01, 2015 2:10 pm
Forum: Personal Investments
Topic: back door roth question
Replies: 4
Views: 526

back door roth question

Greetings, I have an account at brokerage #1 which contains my IRA rollover, traditional IRA (nondeductible) and a Roth IRA (which I opened during a year that I was eligible). I'm been told that if I try and backdoor a Roth IRA that my other IRA's are at risk for being taxed. Could I open an account...
by marco1910
Sat Dec 27, 2014 1:36 am
Forum: Personal Finance (Not Investing)
Topic: What price are you planning to pay for your next car?
Replies: 91
Views: 10356

Re: What price are you planning to pay for your next car?

I have a 2006 Subaru Forrester XT with 100k+ on it. My next car will be the same car with a new engine..I'm hoping to get 200k+ and for 3-4k you can swap in a new engine and off you go..way cheaper than a new car and this car works for me.
by marco1910
Tue Apr 22, 2014 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Forced job responsibility putting me in a panic
Replies: 32
Views: 3407

Re: Forced job responsibility putting me in a panic

I was put into the same position. I think there are some good books. Also check out

https://class.coursera.org/publicspeak-002

80 percent is ensuring the topic is interesting and that you have prepared. The delivery is minor if you have prepared.
by marco1910
Mon Dec 30, 2013 9:04 pm
Forum: Personal Investments
Topic: purchasing ibonds in 2014
Replies: 7
Views: 1360

purchasing ibonds in 2014

Greetings, ibonds currently have a composite rate of 1.38% with a fixed rate of only .20%. I have 10k in cash I'd like to invest in ibonds for 2014. With the upward trend in interest rates, is it better to wait until May or November? or should I just purchase all of the ibonds at the end of Jan? I k...
by marco1910
Thu Dec 12, 2013 12:47 am
Forum: Personal Investments
Topic: Sell before or after dividend?
Replies: 9
Views: 1377

Re: Sell before or after dividend?

what if the funds are in a tax advantage account. Does it matter? I need to rebalance some stock funds and adjust to a more cash position.
by marco1910
Mon Dec 09, 2013 1:46 am
Forum: Personal Consumer Issues
Topic: Channel Islands
Replies: 11
Views: 1554

Re: Channel Islands

I'm assuming you are referring to the Channel Islands of Southern California. I've sailed to and around most of them. There are 8 islands with of course the most popular is Catalina. The Navy owns/controls San Clemente and San Nicolas. Catalina is very easy to get to. Santa Barbara island is a small...
by marco1910
Wed Nov 27, 2013 12:58 am
Forum: Personal Investments
Topic: Company transferring 401k to great west financial
Replies: 3
Views: 693

Company transferring 401k to great west financial

Greeting My company is transferring our 401k from Mercer to Great West Financial. The funds are basically the same. One issue I see is that they have a 3 week blackout period where you cannot buy or sell any funds. While I rarely trade with my 401k I don't like being locked down, especially with the...
by marco1910
Sun Nov 10, 2013 12:05 am
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 414
Views: 125101

Re: Pull-ups and Push-ups

Crossfit has a many great body workouts...a good one is called "Cindy". As many rounds as you can do in 20 minutes. Each round consists of 5 pullups, 10 pushups and 15 air squats...try it..you will like it...Mark
by marco1910
Sun May 05, 2013 1:44 pm
Forum: Personal Investments
Topic: 4% rule and dying broke
Replies: 62
Views: 7289

Re: 4% rule and dying broke

fyi...I'm 57 and have have about 15x of my yearly salary saved with no heirs..etc so I don't require perservation and can spend it down..I will definately look into a SPIA..
by marco1910
Sat May 04, 2013 9:13 pm
Forum: Personal Investments
Topic: 4% rule and dying broke
Replies: 62
Views: 7289

4% rule and dying broke

Greetings
I understand the 4% rule with retirement withdrawal but I plan to die broke. How would that change my withdrawal rate?

Thanks
Marco
by marco1910
Sun Mar 31, 2013 10:38 am
Forum: Personal Finance (Not Investing)
Topic: backdoor roth confusion
Replies: 4
Views: 477

Re: backdoor roth confusion

i'm new to the backdoor roth, but my research suggests that you are mostly right. you *can* convert just one (or a part) of your IRAs, but you will be struck by the pro-rata rule. given that 250k chunk in your "rollover IRA", i think pro rata takes a roth conversion off the table for you. http://ww...
by marco1910
Sun Mar 31, 2013 1:41 am
Forum: Personal Finance (Not Investing)
Topic: backdoor roth confusion
Replies: 4
Views: 477

backdoor roth confusion

Greetings, My tax preparer has told me I can backdoor my non-deductible IRA into a Roth but I have concerns. Here is the scenario: - I have 4 separate accounts - 1 non-deductible IRA with $12k - 1 Roth IRA with 5k - (I opened this open in 2007. That year I qualified to open a Roth since I was out of...
by marco1910
Wed Oct 17, 2012 12:32 am
Forum: Personal Investments
Topic: rebalancing taxable portfolio this year or next
Replies: 7
Views: 628

Re: rebalancing taxable portfolio this year or next

So I have a TIPS fund and a Gold Mining Fund that both have long term capital gains..both in taxable accounts..I was thinking of selling the TIPS fund and move it into a VWITX (tax exempt) for tax reasons and move the gold mining funds into a ETF for costs. It's a very small part of my portfolio but...
by marco1910
Tue Oct 16, 2012 11:57 am
Forum: Personal Investments
Topic: rebalancing taxable portfolio this year or next
Replies: 7
Views: 628

rebalancing taxable portfolio this year or next

Hi, I would like to rebalance a number of my assets in my taxable portion of my portfolio. Would it be better to do it this year or next year? Isn't there a good chance capital gains tax will increase next year or is that only if Obama gets re-elected? Should I wait until after the election? I have ...
by marco1910
Fri Oct 05, 2012 11:15 pm
Forum: Personal Investments
Topic: Confused over TIP Bond
Replies: 6
Views: 738

Re: Confused over TIP Bond

Thanks Browser!..I will review the thread
by marco1910
Fri Oct 05, 2012 12:34 pm
Forum: Personal Investments
Topic: Confused over TIP Bond
Replies: 6
Views: 738

Re: Confused over TIP Bond

just looking at my Vanguard transaction list and it has "Interest Payment -$xxx" every 6 months..I don't see it actually deducting from the bond amount..
by marco1910
Fri Oct 05, 2012 12:23 pm
Forum: Personal Investments
Topic: Confused over TIP Bond
Replies: 6
Views: 738

Confused over TIP Bond

Greetings, I purchased a TIPs bond in 2008..(see below) U S TREASURY NOTE INFLATION INDEX NOTE CPN 2.00000 % MTD 2016-01-15 DTD 2006-01-15 The value seems to have appreciated fairly good but the interest payment seems to be negative. How can I determine if the TIP I'm holding is making a reasonable ...
by marco1910
Fri Sep 07, 2012 9:43 pm
Forum: Personal Investments
Topic: IRA Contributions - Non-Deductiable
Replies: 11
Views: 1152

Re: IRA Contributions - Non-Deductiable

ok..I will check my current 401k..this is complex for a novice like me..I have been rebalancing my portfolio to be more tax effiecent..I've been readjusting my funds moving bond funds into my IRA and 401k and mutal funds/index funds into my taxable accounts. Livesoft points seem very valid..it does ...
by marco1910
Fri Sep 07, 2012 5:41 pm
Forum: Personal Investments
Topic: IRA Contributions - Non-Deductiable
Replies: 11
Views: 1152

Re: IRA Contributions - Non-Deductiable

excellent.very good..I will contribute 6k per year for this..I don't qualify for a backdoor as I also have a large IRA from a converted 401k which I don't want to convert (for tax reasons)..bottom line: I can contribute to a IRA (non-deductible) every year regardless of my income. My level of income...
by marco1910
Fri Sep 07, 2012 2:59 pm
Forum: Personal Investments
Topic: IRA Contributions - Non-Deductiable
Replies: 11
Views: 1152

IRA Contributions - Non-Deductiable

Greetings, I am 56 years old. Currently contribute max to my companies 401k, have an emergency fund and buy iBonds every year. My question is can I still contribute to an IRA every year? Due to my salary I don't believe I can deduct the contributions but I am savings the 6k but now just in CD's. Wou...
by marco1910
Sat Sep 01, 2012 11:57 am
Forum: Personal Investments
Topic: Money Mag Article
Replies: 74
Views: 16313

Re: Money Mag Article

"This recommendation to use short term investment grade bonds for inflation protection is another thing I do."

can you give some examples (Vanguard) of these bond funds and how short term investment grade bonds protect you from inflation?..what about the TIPS fund?

Thanks
Marco
by marco1910
Wed Jul 27, 2011 11:11 am
Forum: Personal Investments
Topic: Online bank credit ratings (ING, Discover, Ally...)
Replies: 10
Views: 1899

Bongleur - where else could you keep you "dry powder" other than under your mattress?
by marco1910
Tue Jul 26, 2011 12:13 pm
Forum: Personal Consumer Issues
Topic: Who has an Austrialian Cattle Dog?
Replies: 31
Views: 4521

yes...Blue, Red, Queensland
by marco1910
Mon Jul 25, 2011 12:34 am
Forum: Personal Consumer Issues
Topic: Who has an Austrialian Cattle Dog?
Replies: 31
Views: 4521

pretty much every ACD owner I've spoken too said they are awesome dogs. We have a huge dog park 4 blocks away and a small park across the street. I think we can get the exercise part covered..Adam, thanks for the advice..I like the traits of "Confident and Calm"...btw..what is the Umbrella Test? Tha...
by marco1910
Sun Jul 24, 2011 12:26 pm
Forum: Personal Consumer Issues
Topic: Life Goals
Replies: 27
Views: 3891

There are really principles to live by IMHO and absolutely a great way to live one day at a time!
by marco1910
Sun Jul 24, 2011 12:20 am
Forum: Personal Consumer Issues
Topic: Who has an Austrialian Cattle Dog?
Replies: 31
Views: 4521

Who has an Austrialian Cattle Dog?

Might be getting one soon. Interested in owners feedback. We are a pretty active couple. We had a Jack Russell Terrier for 15 years. Our research is pointing us to this breed. We will get a puppy or rescue..very interested in additional feedback

Thanks
by marco1910
Mon Jul 18, 2011 11:39 am
Forum: Investing - Theory, News & General
Topic: My thoughts on debt ceiling crisis
Replies: 25
Views: 3600

With that said, we have minimized exposure to European banks and governments. We moved money out of money market funds that had significant exposures to these credits and into what we believe are safer assets. That is a move you should consider, What MM funds don't have this exposure? I'm in Vanguar...
by marco1910
Thu Jun 23, 2011 11:45 pm
Forum: Personal Consumer Issues
Topic: Favorite guitarist...
Replies: 207
Views: 26947

by marco1910
Thu Jun 02, 2011 11:27 pm
Forum: Personal Consumer Issues
Topic: Need a new washer..what brand? (Kenmore, Maytag, Whirlpool?)
Replies: 26
Views: 10670

Need a new washer..what brand? (Kenmore, Maytag, Whirlpool?)

I need a top load washer. Looking for good quality but generally lower price (400-600)..thanks
by marco1910
Mon Apr 11, 2011 1:30 pm
Forum: Personal Consumer Issues
Topic: 10-minute workout?
Replies: 32
Views: 4587

There are tons of great workouts that can be done in 10 mins..here is on

10 mins (as many reps as you can)

20 yards broad jumps
30 Kettlebell swings (53 pounds)
30 Double Unders (Jump ropes)


This is a Crossfit workout that is great metabolic conditioning
by marco1910
Wed Feb 02, 2011 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do you guys still have a "go-to" car/ car brand?
Replies: 57
Views: 8705

I've been totally impressed with my 2006 Forester XT..Subaru makes great, reliable cars..great in bad weather
by marco1910
Sun Dec 26, 2010 11:53 pm
Forum: Personal Consumer Issues
Topic: Mozart Celebration:
Replies: 40
Views: 10051

Thank You Barry..I'm an absolute Mozart freak..I love his work..btw..also a very good book

Mozart Speaks

http://www.amazon.com/Mozart-Speaks-Vie ... 0028713567
by marco1910
Mon Nov 29, 2010 12:37 am
Forum: Personal Investments
Topic: Converting Non-Deductiable IRA to a Roth
Replies: 5
Views: 961

traditional IRA was funded with post taxed funds (non-deductible) over the last 3-5 years. I'm sure there are some unrealized gains but not much. I was hoping to only convert the traditional account as my rollover has the majority of my retirement funds and it is all funded with pre-tax..my thinking...
by marco1910
Sun Nov 28, 2010 10:42 pm
Forum: Personal Investments
Topic: Converting Non-Deductiable IRA to a Roth
Replies: 5
Views: 961

Converting Non-Deductiable IRA to a Roth

Hi, I'm 55 years old, I have a 401k, Rollover IRA, Roth IRA (small amount) and a traditional IRA. 100% of my traditional IRA is non-deductible. Can I: 1. Contribute $6000 to my non-deductible IRA for 2010? 2. Than convert the entire traditional IRA (100% non-deductible) to a Roth IRA? Would I be sub...
by marco1910
Fri Sep 03, 2010 9:15 pm
Forum: Personal Consumer Issues
Topic: Low carb or low fat
Replies: 127
Views: 18756

low carb for sure..you need protein and fat..carbs are optional and btw make sure they are dense carbs..remember carbs = sugar
by marco1910
Fri Sep 03, 2010 9:13 pm
Forum: Personal Consumer Issues
Topic: Fitness - what works for you?
Replies: 231
Views: 39876

I'm 54 and have been doing Crossfit (crossfit.com) and Paleo diet since May and am in the best shape in my life. I've dropped 10 pounds, my body composition has changed dramatically..my BP is now 110/60, no statins, drugs.etc..just good food and hard work (exercise), One of the best decisions I've e...