Search found 90 matches

by scophreak
Tue May 19, 2020 7:49 pm
Forum: Personal Investments
Topic: Work Stock - To Sell Now or Wait...
Replies: 18
Views: 1656

Re: Work Stock - To Sell Now or Wait...

The wash sale applies at the release/vest of RSU, not at the grant. And so what. If you wash with another release of RSU, the disallowed loss becomes part of the basis for the released RSU. And since you are going to sell released RSU immediately :wink: , the wash sale doesn't mean anything at all ...
by scophreak
Tue May 19, 2020 1:11 pm
Forum: Personal Investments
Topic: Work Stock - To Sell Now or Wait...
Replies: 18
Views: 1656

Re: Work Stock - To Sell Now or Wait...

Vested shares went up over 15% today. Took it as a sign to sell all now and move into my taxable account current set of Vanguard index ETFs, using loss to help with taxes and moving on. And to your pointC, ValueThinker, i have a bunch of RSUs still... Many, many thanks all! I would have recommended...
by scophreak
Thu May 14, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Family member returning borrowed money?
Replies: 27
Views: 3066

Re: Family member returning borrowed money?

It's not a big deal. The money laundering trigger is a CASH deposit over $10,000. A check for that amount or larger will not raise any eyebrows. I'm certainly not an expert on this, but from my understanding (and from what I've read) a $10,000+ check should trigger a CTR by the bank. Not really som...
by scophreak
Wed May 13, 2020 9:40 am
Forum: Personal Investments
Topic: Deferring medical expenses to allow HSA investments to compound.
Replies: 9
Views: 449

Re: Deferring medical expenses to allow HSA investments to compound.

As was somewhat mentioned earlier, holding $ long-term in an HSA (or any account for that matter) only makes sense if it is in an investment that has a positive expected real gain over that time. As the OP suggests, $ within an HSA held in cash will absolutely lose buying power to inflation over tim...
by scophreak
Tue May 12, 2020 10:48 am
Forum: Personal Investments
Topic: DH Laid Off - can we retire early?
Replies: 40
Views: 4916

Re: DH Laid Off - can we retire early?

relying on your assets only it may not work out. You need a 5-6% withdrawal rate. The rule of thumb has long been said to be 4% as the safe withdrawal rate, and in the low interest rate and high market valuation era the last decade plus some have said the safe rate is 3% (see https://www.bogleheads...
by scophreak
Thu May 07, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Home insurance up 40%, stay w/same company due to possible roof issues?
Replies: 22
Views: 1500

Re: Home insurance up 40%, stay w/same company due to possible roof issues?

What dollar amount is the 40% increase? How much will the replacement cost? Does it make sense to switch companies and use the "savings" toward roof replacement? A second thought...what are the chances that the new insurance company will do more than a drive-by inspection from the ground? Given the ...
by scophreak
Wed Apr 29, 2020 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Drivers license Cancelled
Replies: 48
Views: 5443

Re: Drivers license Cancelled

Perhaps I'm missing something, but why/how are the FL license and insurance linked? I don't see why not having FL car insurance factors in to the validity of a license. After all, I don't believe that it is even a requirement to own a vehicle to obtain a driver license, is it? Similarly, couldn't on...
by scophreak
Fri Apr 03, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA - 2020 Benefits Trapped
Replies: 9
Views: 619

Re: Dependent Care FSA - 2020 Benefits Trapped

You should be able to adjust your contributions through your employer for the remainder of 2020. At least through my employer I believe that this is a change that can be made anytime throughout the year and doesn't require a "qualifying event" (though I would argue that pandemic issues causing closu...
by scophreak
Sat Mar 28, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Best cashback credit card - NOT Citi Double as I want to cancel that card
Replies: 24
Views: 1933

Re: Best cashback credit card - NOT Citi Double as I want to cancel that card

I agree with what you are saying. It was my fault for paying late. I did speak with a representative whom was helpful and told me both fees would be waived. I have the reps name. I just feel that if that is what they said to me they should honor it. I have the date of the call. I will reach out onl...
by scophreak
Wed Feb 26, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Gains offset by Primary residence losses
Replies: 9
Views: 614

Re: Investment Gains offset by Primary residence losses

Nate79 wrote:
Wed Feb 26, 2020 3:46 pm
As a personal residence if you had a gain you wouldn't have paid capital gain taxes. So, ......
True if the gain from the sale is <$250,000 (filing single) or <$500,000 (filing jointly). So, it does appear that the tax law is set up to tax gains (in some cases), but to not allow any losses.
by scophreak
Thu Feb 06, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: Is a *new* Drivers License required for USA citizens who have a Passport?
Replies: 45
Views: 4359

Re: Is a *new* Drivers License required for USA citizens who have a Passport?

Not sure I understand what you're asking. A current passport will suffice for TSA checkpoints. Assuming you present a passport, no driver license is required, even after the October deadline requiring the enhanced DL. However, Global Entry is no longer available to NY residents. NEXUS, SENTRI and F...
by scophreak
Mon Jan 27, 2020 2:45 pm
Forum: Personal Investments
Topic: effect of cost basis on dollar value of gains
Replies: 9
Views: 620

Re: effect of cost basis on dollar value of gains

If you sell all shares at once, any cost basis method produces the same result. No. Same total gain, yes. but not necessarily the same proportion of short and long term gains. EHEngineer: Is this to say that if one wishes to completely liquidate at once a taxable account containing no losses and fr...
by scophreak
Wed Jan 22, 2020 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4338

Re: Advice on moving to Pennsylvania

And you have to file 3 income tax returns: federal, state and local. See https://www.hab-inc.com/ Usually it comes out to the amount withheld in paychecks by employer, but is still a PIA. Certainly not true across the board. I live in PA and only file Federal and State returns. Of course, I don't l...
by scophreak
Tue Jan 21, 2020 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4338

Re: Advice on moving to Pennsylvania

It appears that I will be moving from a no-income-tax state in the southeast up to Pennsylvania this year. A little background: I will likely be getting married this year (I am moving for my partner, but we don't currently know when we'll tie the knot). No kids yet, but that could happen at some po...
by scophreak
Fri Jan 17, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 359
Views: 30134

Re: JPM Chase Reserve Card gets more expensive

Also, for me personally UR points are worth closer to 1cpp because I only fly economy and book modest hotels. I don't quite get the last (bolded) part of the argument. Staying strictly with airfare, booking through the Chase portal yields a value of 1.5 cpp for ALL tickets, including economy. In my...
by scophreak
Fri Jan 17, 2020 3:15 pm
Forum: Personal Consumer Issues
Topic: Detached garage: Recommended ways to heat water for shower? Save space and money?
Replies: 44
Views: 3051

Re: Detached garage: Recommended ways to heat water for shower? Save space and money?

I am looking at building a detached garage that will be about 50ft from the main house. I plan to have a bathroom with shower in the garage, but I am clueless about how to heat the water in the garage for showering/washing hands. Before I start talking to a plumber, I'd like to be a little prepared...
by scophreak
Fri Jan 17, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: Detached garage: Recommended ways to heat water for shower? Save space and money?
Replies: 44
Views: 3051

Re: Detached garage: Recommended ways to heat water for shower? Save space and money?

How often do you envision needing to use the shower/hot water? My parents have a detached garage and though they don't have a shower all hot water is supplied by a tankless electric water heater. For infrequent use this makes the most sense...you're not keeping a reservoir of hot water at all times....
by scophreak
Wed Jan 15, 2020 9:45 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 359
Views: 30134

Re: JPM Chase Reserve Card gets more expensive

if you have 100k of cash/investments with BoA it pretty much destroys everything else out there because of the multiplier. premium rewards gives you a floor of 2.625% for all purchases, and cash rewards gets you 5.25% on various categories. oh, and you can have more than one cash rewards card. Exce...
by scophreak
Fri Jan 10, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: When a bargain car loan is no "bargain"
Replies: 49
Views: 3565

Re: When a bargain car loan is no "bargain"

Of course it's not a bargain when you add additional items - you're now purchasing "more" and it's not an apples to apples comparison. Really no different than paying cash but opting add on the maintenance plan while you're in the finance office finalizing the sale.
by scophreak
Fri Jan 10, 2020 3:34 pm
Forum: Personal Consumer Issues
Topic: Sprint service?
Replies: 19
Views: 1191

Re: Sprint service?

Had Sprint from Jan 2000 through Nov 2019. Can't say that I would characterize it as "slow". With all carriers, service level is heavily dependent on your individual location. In my case, I had Sprint in Nashville, Boston, and outside of Philadelphia. I found them all acceptable, though I did have a...
by scophreak
Thu Dec 19, 2019 2:00 pm
Forum: Personal Investments
Topic: HSA contribution question
Replies: 3
Views: 334

Re: HSA contribution question

Similar to contributions to IRA/Roth IRA I believe that HSA contributions made between 1/1/2020 and 4/15/2020 can be applied to either 2019 or 2020. 2020 contributions can be made from 1/1/2020 up to 4/15/2021.
by scophreak
Tue Dec 17, 2019 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: estate distribution confusion
Replies: 79
Views: 4197

Re: estate distribution confusion

It appears to me that most straightforward and fair way is to split the "proceeds" based on ACTUAL events (i.e. account for only the costs associated with transferring to the sister). If ownership of the condo is transferred to the sister, there are no ACTUAL proceeds. That's why I said "proceeds" ...
by scophreak
Tue Dec 17, 2019 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: estate distribution confusion
Replies: 79
Views: 4197

Re: estate distribution confusion

I agree that there are other considerations here aside from "fairness". However, I still can't really fathom why the "typical" process here involves an unequal distribution. Why do we need to account for splitting "net" proceeds based on a fictitious set of events (i.e. selling the property on the o...
by scophreak
Wed Dec 11, 2019 12:17 pm
Forum: Personal Investments
Topic: Double taxes on Roth IRA conversion, what to do?
Replies: 4
Views: 366

Re: Double taxes on Roth IRA conversion, what to do?

Was this a non-deductible contribution to a traditional IRA, or did you contribute "after-tax $" and then subsequently take a deduction when filing your tax return?
by scophreak
Tue Dec 03, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Airline overhead bins...do you think they're assigned?
Replies: 135
Views: 6658

Re: Airline overhead bins...do you think they're assigned?

First-come first served, but each person should just have one bag in the overheads until everyone has boarded and settled in. And, if there is room, the bags should go in the overhead above your seat(s) or across the aisle, otherwise as close to your seat as practical. If I read the post correctly ...
by scophreak
Thu Nov 21, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Spending money to make travel easier and luxurious?
Replies: 85
Views: 8545

Re: Spending money to make travel easier and luxurious?

Are you flying from London to Brussels or taking the train? Perhaps you could stash your bag in a locker at the train station/airport (assuming they have them). In particular, train stations in many European cities have luggage lockers that will hold even very large suitcases. If you're traveling be...
by scophreak
Wed Nov 13, 2019 4:54 pm
Forum: Personal Investments
Topic: Help! What do I do with my children's money?
Replies: 33
Views: 2914

Re: Help! What do I do with my children's money?

I was looking into this for my son (age 8). The main online banks would not let me add him as a joint owner to the account. UGMA was the only option to officially have him as an owner.
by scophreak
Tue Nov 12, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9099

Re: Spectrum Internet has a good scam going

Another random thought...

Could you pay with a credit card and then initiate a chargeback for "service cancelled or not received"? I wouldn't go that route just yet, but it's a thought.
by scophreak
Tue Nov 12, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9099

Re: Spectrum Internet has a good scam going

Something continues to smell fishy here... I still maintain that Spectrum is misapplying (or misinterpreting) their own corporate policy. You have no control over when they decide to print and send a bill. You do, however, know exactly when your monthly service dates start and end. You clearly cance...
by scophreak
Sun Nov 10, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9099

Re: Spectrum Internet has a good scam going

I have spectrum myself and will be moving soon so trying to ensure I understand what to do. Thx! You might check Spectrum’s cancellation terms contained in their online Terms of Service. In May, I called Spectrum to set a cancellation date one week in advance, then returned the equipment at the sto...
by scophreak
Thu Nov 07, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 5127

Re: FYI, Spanish bank ATMs [Dynamic Currency Conversion]

That's good to know. I'll check it out Perhaps you can try to use it in a non-fee friendly bank (LaCaixa, BBVA,...) and let us know how it goes. Just in the interest of science ;-) I did use my card at an ATM at baggage claim in the Madrid airport (not sure of the bank) and received a fee reimburse...
by scophreak
Thu Nov 07, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9099

Re: Spectrum Internet has a good scam going

I have spectrum myself and will be moving soon so trying to ensure I understand what to do. Thx! You might check Spectrum’s cancellation terms contained in their online Terms of Service. In May, I called Spectrum to set a cancellation date one week in advance, then returned the equipment at the sto...
by scophreak
Thu Nov 07, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 5127

Re: FYI, Spanish bank ATMs [Dynamic Currency Conversion]

international001 wrote:
Thu Nov 07, 2019 2:33 pm
Do they really reimburse you international fees? I haven't seen this with any US debit card
Yes, Schwab reimburses both domestic and international ATM fees.
by scophreak
Thu Nov 07, 2019 9:10 am
Forum: Personal Consumer Issues
Topic: Using credit cards -international travel
Replies: 17
Views: 838

Re: Using credit cards -international travel

I have read when traveling internationally, it is best to have the merchant charge in the local currency rather than US Dollars I travel internationally quite a bit. This is reverse of my experience. I have CSR card. And charging in US$ rather than local currency saves me 5-10%. I check this every ...
by scophreak
Wed Nov 06, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 61
Views: 9099

Re: Spectrum Internet has a good scam going

Bill is for a future period, beginning after OP cancelled service. That is NOT the same as refusing to prorate service for the existing period, which OP already paid for. Ignore the bill. +1...except for the ignore the bill part. You are not asking for them to prorate the bill. You cancelled servic...
by scophreak
Wed Nov 06, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Cost basis step up on death of spouse?
Replies: 43
Views: 3210

Re: Cost basis step up on death of spouse?

Some properties are titled under an individual and I am not sure whether the ownership may be changed easily. Examples are company stocks acquired through ESPP and RSU after marriage. Are they also stepped up in a community property state? Folks, classifying property as community or separate is sta...
by scophreak
Wed Oct 30, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Ford Expedition - possible lemon claim and what to do?
Replies: 62
Views: 4597

Re: Ford Expedition - possible lemon claim and what to do?

I am not a lawyer, but common sense would argue that if the vehicle was taken to the dealership for repair then proper "notice" has been given as to the documented repair attempt. Not sure how one could argue otherwise. Of course, I'm often confused at how the law and common sense can often be at od...
by scophreak
Tue Oct 29, 2019 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4766

Re: California Fires: Landlord/Tenant Question

All fair points. I do understand that the landlord isn't he tenant's electricity provider. A poster above added a link showing there's legal precedent for not paying rent if you don't have power. They consider the place "unlivable" without power. I'm not sure how California handles that though, sin...
by scophreak
Tue Oct 29, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4766

Re: California Fires: Landlord/Tenant Question

I think there is a relevant question here overall. Not saying the LL is at fault, but to me this revolves around the question of habitability. If a home had no running water for an extended period of time, would it be considered habitable? By my understanding, running water is a condition of habitab...
by scophreak
Mon Oct 28, 2019 9:36 am
Forum: Personal Investments
Topic: Extra $75k
Replies: 16
Views: 2487

Re: Extra $75k

All, I've been split on this decision for 3 months now and am getting tired of going in loops in my head. We recently sold our home and yielded about $75k in cash from the sale. We have since bought a property that's at a higher price point than what we sold for. We had 7 years of payments at the o...
by scophreak
Mon Oct 28, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Favorite brand of tofu?
Replies: 7
Views: 768

Re: Favorite brand of tofu?

Some restaurants in Japan (and I'm guessing Okinawa) serve tofu that was made fresh that day. It's a completely different animal than what you can typically find in a supermarket. Additionally, you'll need to at least choose the relevant texture of the supermarket tofu that you do purchase - extra f...
by scophreak
Fri Oct 25, 2019 9:55 am
Forum: Personal Investments
Topic: Am I eligible for an HSA??
Replies: 22
Views: 1365

Re: Am I eligible for an HSA??

You need to find out what your company offers and what it costs. Contact HR. We don’t know enough to answer until we know what your company offers. The amount payed for Health Insurance (Enhanced PPO with an HSA Account) would be $141.00/month. Sounds like you may be confusing HSA with an FSA, whic...
by scophreak
Wed Oct 23, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for 2 mil+ in annual spending?
Replies: 60
Views: 6950

Re: Best credit card for 2 mil+ in annual spending?

Primary card I use is the Citi Double Cash and net 2% cash back. It probably doesn't matter, but I believe the Citi Double Cash actually gives only 1.99% cash back, not 2.00%. You should check other threads on the site for more details but my recollection is that you get an immediate 1% credit on y...
by scophreak
Wed Sep 18, 2019 9:45 am
Forum: Personal Consumer Issues
Topic: eBay Doesn't match Description or Photos or Missing Parts
Replies: 52
Views: 2899

Re: eBay Doesn't match Description or Photos or Missing Parts

The pre-paid shipping label is no longer available because the refund has been issued and the case closed per eBay. If the seller really wanted the item back before issuing a refund, he should have not issued a refund until I mailed back the item at his cost. Now after issuing a refund, he wants me...
by scophreak
Tue Sep 17, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: eBay Doesn't match Description or Photos or Missing Parts
Replies: 52
Views: 2899

Re: eBay Doesn't match Description or Photos or Missing Parts

I would respond to the seller that you are/were unable to print out the prepaid shipping label to return the item since a refund has been issued and to let you know when one is available. I don't wish to have any email communication with this seller. I normally fall on the side of a "liberal" inter...
by scophreak
Fri Sep 06, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: United Premium Plus vs ANA Premium Economy
Replies: 11
Views: 1259

Re: United Premium Plus vs ANA Premium Economy

Are you looking at the same itenary but on two different airline websites because it is a code share flight? Or are the time of the flights different but both have same departure and arrival flights? Good question...OP mentioned that itineraries were "quite similar", which I assumed to mean "not id...
by scophreak
Thu Sep 05, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 8096

Re: First-hand experiences with United Basic Economy for families?

Don't be that person who saves the $400 and then bothers the flight/gate attendants to get your family together... beyond obnoxious. It is cheaper for a reason. Like others, I disagree with this sentiment. If the airline allows for these tickets to be booked for passengers that cannot be seated alo...
by scophreak
Wed Sep 04, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 8096

Re: First-hand experiences with United Basic Economy for families?

Don't be that person who saves the $400 and then bothers the flight/gate attendants to get your family together... beyond obnoxious. It is cheaper for a reason. Like others, I disagree with this sentiment. If the airline allows for these tickets to be booked for passengers that cannot be seated alo...
by scophreak
Wed Sep 04, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 8096

Re: First-hand experiences with United Basic Economy for families?

I forgot to mention that I have Premier silver status with United, for what it's worth. Also, I booked 2 different itineraries (same planes): Me+son on one, and Wife+2daughters on the other. So we could theoretically upgrade Wife+2daughters, and hope that Me+son (he's the oldest) get fairly decent ...
by scophreak
Wed Sep 04, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 8096

Re: First-hand experiences with United Basic Economy for families?

Don't be that person who saves the $400 and then bothers the flight/gate attendants to get your family together... beyond obnoxious. It is cheaper for a reason. Like others, I disagree with this sentiment. If the airline allows for these tickets to be booked for passengers that cannot be seated alo...