Search found 221 matches

by GeraniumLover
Fri May 22, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: family cabin planning through generations
Replies: 26
Views: 4763

Re: family cabin planning through generations

ncbill wrote:
Fri May 22, 2020 12:26 pm
Another vote for one person inherits it/buys everybody else out or it gets sold.
I don't think any of the 4 of us wants to own it alone, but none of us wants to sell it either. And my mother wants it to stay in the family.
by GeraniumLover
Fri May 22, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: family cabin planning through generations
Replies: 26
Views: 4763

Re: family cabin planning through generations

https://www.amazon.com/Saving-Family-Cottage-Succession-Planning/dp/141331841X/ref=sr_1_8?dchild=1&keywords=leaving+cabin&qid=1590168173&s=books&sr=1-8 This is a common question. The answer depends on the family. My parents searched for an answer to smoothly leave their cabin to their four kids and...
by GeraniumLover
Fri May 22, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: family cabin planning through generations
Replies: 26
Views: 4763

Re: family cabin planning through generations

I am looking at this issue now for my mother's vacation house. Current thought is to have it owned by an LLC and set aside enough $$ on her death to cover expenses indefinitely. LLC agreement would lay out how the property is managed/used, and would allow for sales/transfers of LLC interests only am...
by GeraniumLover
Sun May 10, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: Vanguard electronic bank transfers
Replies: 25
Views: 5036

Re: Vanguard electronic bank transfers

Unfortunately as noted above it takes Vanguard an unusually and inexplicably long time to establish a link to an external account
by GeraniumLover
Sat May 09, 2020 11:16 am
Forum: Personal Consumer Issues
Topic: Vanguard electronic bank transfers
Replies: 25
Views: 5036

Re: Vanguard electronic bank transfers

One more data point on this: I opened a new account at Marcus and tried to pull funds from my Vanguard brokerage account. I obtained routing/account numbers for my Vanguard account by getting the information needed for direct deposits. The routing number was for JP Morgan Chase. The microdeposits fr...
by GeraniumLover
Wed May 06, 2020 8:00 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 550
Views: 144270

Re: Need to be able to do 30 chin-ups

He seems to think it is impossible and only some freak of nature would be able to accomplish such a feat. There is one freak of nature who I know can do this. Look up Zdeno Chara of the Boston Bruins. He weighs about 250 pounds and routinely does 30+ reps. That guy is a flat out monster on the ice....
by GeraniumLover
Mon May 04, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway is hammered
Replies: 60
Views: 11831

Re: Berkshire Hathaway is hammered

aristotelian wrote:
Mon May 04, 2020 10:43 am
I almost wish there was a way to just invest in Berkshire's insurance business.
Even if they have to pay interest (rather than earn it) on their float due to negative interest rates? Buffett punted on the consequences of that when asked over the weekend.
by GeraniumLover
Tue Apr 28, 2020 4:15 pm
Forum: Personal Investments
Topic: Parents cash at Vanguard
Replies: 29
Views: 2824

Re: Parents cash at Vanguard

Ally is paying 1.5% on cash deposits; Capital One 360 is too and paying a $500 bonus for new accounts of $50k or more. But, yeah, you'd need to open an new account and do a transfer to get these rates. Which Capital One 360 account is paying a $500 bonus for opening a new account with $50K or more?...
by GeraniumLover
Tue Apr 28, 2020 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1585
Views: 217822

Re: Fidelity as a one stop shop

3. Depends on what you’re using the money for. You can use it to buy stocks instantly, same day. You cannot use it to (for example) pay your Fidelity credit card bill out of your Fidelity cash management account the same day you transferred from your bank to the cash management account; that takes ...
by GeraniumLover
Tue Apr 28, 2020 3:39 pm
Forum: Personal Investments
Topic: Parents cash at Vanguard
Replies: 29
Views: 2824

Re: Parents cash at Vanguard

Ally is paying 1.5% on cash deposits; Capital One 360 is too and paying a $500 bonus for new accounts of $50k or more. But, yeah, you'd need to open an new account and do a transfer to get these rates.
by GeraniumLover
Tue Apr 28, 2020 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1585
Views: 217822

Re: Fidelity as a one stop shop

Deleted
by GeraniumLover
Sun Apr 19, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Upgrade Computer Before Law School?
Replies: 42
Views: 1865

Re: Upgrade Computer Before Law School?

awg75 wrote:
Fri Apr 17, 2020 3:07 pm
Thanks, everyone! Seems like the consensus is wait a bit, ask the schools what the tech requirements are, and then get a new computer. Appreciate it!
Your school may also have a special discounted package if you order through their preferred vendor
by GeraniumLover
Sun Apr 12, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 93
Views: 14749

Re: Primer on Paying Taxes With a Credit Card

I just received bad news from Alliant: starting March 14, they will only be paying cash back on the first $10,000 in each billing cycle. I don't know if that limit applies to everyone or whether they imposed it on me based on my activity. I think perhaps the former, since the letter states "Most of...
by GeraniumLover
Sat Apr 11, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6531

Re: [Auto insurance companies issuing refunds due to coronavirus]

Plymouth Rock is refunding 25% of the premiums for Liability and Personal Injury Protection Coverages, beginning April 1 and continuing as long as the stay-at-home order is in effect. They are also waiving deductibles on accidents healthcare workers get into while commuting to workor in the line of ...
by GeraniumLover
Thu Apr 09, 2020 5:29 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9112

Re: DOT: Airlines must offer refunds for cancelled flights (not just credits)

TN Boy - Do you know if any American Airlines refund might include the cost for seat selections? We have a trip from Nashville to Wilmington, NC paid for in December coming up next week. Most of AA flights out of Nashville to Charlotte and on to Wilmington are now being cancelled. I have been watch...
by GeraniumLover
Thu Apr 09, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 estimated tax dates
Replies: 24
Views: 1530

Re: 2020 estimated tax dates

I make estimated tax payments based on actual amounts received through my sole proprietorship. So this would seem to mean that on June 15 I should pay estimated taxes for amounts received in April and May, and on July 15 I should pay estimated taxes for amounts received in January-March. Seems odd,...
by GeraniumLover
Thu Apr 09, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 estimated tax dates
Replies: 24
Views: 1530

Re: 2020 estimated tax dates

I make estimated tax payments based on actual amounts received through my sole proprietorship. So this would seem to mean that on June 15 I should pay estimated taxes for amounts received in April and May, and on July 15 I should pay estimated taxes for amounts received in January-March. Seems odd, ...
by GeraniumLover
Thu Apr 02, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9112

Re: Any Airlines Issuing Actual Refunds

I cancelled an international roundtrip on Southwest paid for by points. They restored the points but only issued a travel voucher for the taxes. That doesn't seem right to me since they shouldn't have had to pay the taxes so why should they be able to keep them if I don't use the voucher before it ...
by GeraniumLover
Tue Mar 31, 2020 1:50 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9112

Re: Any Airlines Issuing Actual Refunds

Delta cancelled my family's return flight from overseas with less than 24 hours notice, with no stated reason. We had used SkyMiles and paid the taxes/fees by credit card. I contacted them later that day about a refund since they never attempted to rebook us. They have since rebanked the SkyMiles bu...
by GeraniumLover
Fri Mar 27, 2020 5:06 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9112

Re: Any Airlines Issuing Actual Refunds

I cancelled an international roundtrip on Southwest paid for by points. They restored the points but only issued a travel voucher for the taxes. That doesn't seem right to me since they shouldn't have had to pay the taxes so why should they be able to keep them if I don't use the voucher before it e...
by GeraniumLover
Thu Mar 26, 2020 4:00 pm
Forum: Personal Investments
Topic: SP500 Index fund will outperform total stock market?
Replies: 51
Views: 5753

Re: SP500 Index fund will outperform total stock market?

It basically says the five stocks (Microsoft, Amazon, Facebook, Alphabet, and Google) with the largest market capitalizations have outperformed the market since this economic downturn in Feb ‘20 with a high likelihood that there will be a “long-term shift: The stock market is becoming split between...
by GeraniumLover
Fri Mar 20, 2020 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Tax Refunds Or Stimulus Direct Deposited
Replies: 10
Views: 1500

Re: Getting Tax Refunds Or Stimulus Direct Deposited

How about guaranteeing they are used for immediate expenditures by issuing them in the form of prepaid credit/debit cards that expire in 6 months? The government could have Visa, MasterCard and Amex compete to get the contract.
by GeraniumLover
Mon Mar 16, 2020 4:55 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296725

Re: Coronavirus and the market

If the US is going to make cash payments to adults for stimulus and safety net reasons, it should consider doing so in the form of prepaid credit cards with a short term expiration date. That will help to ensure the money is actually spent in a timely fashion and not just saved.
by GeraniumLover
Mon Mar 09, 2020 7:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2628748

Re: U.S. stocks in free fall

When a circuit breaker is triggered, does that mean all trading in all stocks (even bond ETFs) is halted? Will I be able to sell a bond ETF and but an equity ETF?
by GeraniumLover
Sun Mar 01, 2020 6:06 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296725

Re: Coronavirus and the market

DB2 wrote:
Sun Mar 01, 2020 6:03 pm
Not surprisingly, Dow Futures looking very rough at open.
I am seeing +327 / +1.29%

https://money.cnn.com/data/premarket/
by GeraniumLover
Wed Feb 05, 2020 2:52 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4910
Views: 424662

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Fidelity adding fractional shares. Pressure is on M1. While one button rebalancing is nice, I’d be nervous to keep too much funds tied up now. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/fidelity-simplifies-investing-again-launch-131000227.html Has anyone been able to use this featu...
by GeraniumLover
Tue Feb 04, 2020 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 93
Views: 14749

Re: Primer on Paying Taxes With a Credit Card

I just received bad news from Alliant: starting March 14, they will only be paying cash back on the first $10,000 in each billing cycle. I don't know if that limit applies to everyone or whether they imposed it on me based on my activity. I think perhaps the former, since the letter states "Most of ...
by GeraniumLover
Sat Jan 11, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

pre wrote:
Fri Jan 10, 2020 6:53 pm

Nice -- had you previously transferred out of ETrade? How long ago was that?

Any existing accounts with them?
Yes, I transferred out in early December. No remaining accounts.
by GeraniumLover
Fri Jan 10, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just received this email offer from E*Trade: Come back! Get up to $3,000 when you open a new E*TRADE account. Details: Offer valid for one new E*TRADE Securities retirement accounts and excludes E*TRADE Securities brokerage, E*TRADE Futures, E*TRADE Bank, and E*TRADE Savings Bank accounts. Other r...
by GeraniumLover
Thu Jan 09, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I took the plunge and signed up for an account at Merrill Edge so I could get the $1000 bonus they were offering. Now I have to transfer $200k of VTSAX from my Vanguard taxable account in the next 45 days, but I have a couple of dumb questions since this is my first time transferring securities in-...
by GeraniumLover
Tue Jan 07, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I have a Merrill Edge IRA with a closure fee of around $50. I have all ETFs, no cash. Will Merrill sell a share to collect the fee? If not, how do they collect? Edit: also curious about how other brokerages handle this situation. I have had E*Trade refuse to transfer assets because there was not su...
by GeraniumLover
Sun Dec 29, 2019 9:20 am
Forum: Personal Investments
Topic: HSA catch-up contribution question
Replies: 12
Views: 779

Re: HSA catch-up contribution question

Good to know! Our family policy is through my wife's employer. She and I are both over 55. We have a son who will be 24 in 2020, when he will no longer be a dependent, who is also covered by the policy. If I understand correctly, this all means we can open 3 HSAs and fund them as follows for 2020: W...
by GeraniumLover
Sun Dec 15, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: 529 withdrawl of principal due to scholarship tax question
Replies: 13
Views: 1376

Re: 529 withdrawl of principal due to scholarship tax question

Does the withdrawal from the 529 need to be made in the same tax year in which the scholarship amount is credited against the tuition bill? Or can it all be taken out in the year of graduation (to help ensure that there is not a shortfall in the 529)? There is nothing explicitly stating this from t...
by GeraniumLover
Sun Dec 15, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: 529 withdrawl of principal due to scholarship tax question
Replies: 13
Views: 1376

Re: 529 withdrawl of principal due to scholarship tax question

Does the withdrawal from the 529 need to be made in the same tax year in which the scholarship amount is credited against the tuition bill? Or can it all be taken out in the year of graduation (to help ensure that there is not a shortfall in the 529)?
by GeraniumLover
Thu Dec 12, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Now that TDA is merging, no reason for me to stay there. Why is that? Are you saying that if it weren’t for the TDA-Schwab merger you would have a reason to stay? BTW it’s unlikely the merger will finalize before 2021. I moved to TDA to get a brokerage bonus. I have not been thrilled with them, but...
by GeraniumLover
Thu Nov 21, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

ETrade might actually increase bonuses to attract more accounts as window dressing to find a buyer themselves. otw they will be left out in the cold. (btw I predicted a merger a month ago.) I just received an email from Etrade today -- $3000 for $1m transfer. Offer valid for one new E*TRADE Securit...
by GeraniumLover
Thu Nov 21, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Although not as generous as those for taxable accounts, TDAmeritrade is now giving bonuses of up to $2500 for retirement accounts: https://www.tdameritrade.com/client/retirementplanning/ I spoke with Schwab and they also said they would give a $2500 bonus for transferring a $1.0mil+ IRA. Given the n...
by GeraniumLover
Tue Nov 19, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4562

Re: Just learned something about HSAs and independent children that I did not know

One way to do this is take any distributions/debit card payment amounts and contribute to a Roth IRA. That is far easier and more likely to happen than adjusting an employee deferral rate. We will also be encouraging him to use the gift to fund his Roth IRA It might be better to encourage him to in...
by GeraniumLover
Tue Nov 19, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: PPO vs HDHP with Possible Pregnancy
Replies: 9
Views: 625

Re: PPO vs HDHP with Possible Pregnancy

Any difference between the two as to out-of-pocket costs for non-ER hospital care?
by GeraniumLover
Tue Nov 19, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4562

Re: Just learned something about HSAs and independent children that I did not know

If he does so, he can cut $7100 off his taxable 2020 income, correct? Up to $7,100. The amount of employer contributions to his HSA, if any, do not reduce his taxable income. There won't be any employer contributions to his HSA since his health coverage is through my wife's employer, not his. Her e...
by GeraniumLover
Tue Nov 19, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4562

Re: Just learned something about HSAs and independent children that I did not know

One way to do this is take any distributions/debit card payment amounts and contribute to a Roth IRA. That is far easier and more likely to happen than adjusting an employee deferral rate. We will also be encouraging him to use the gift to fund his Roth IRA It might be better to encourage him to in...
by GeraniumLover
Tue Nov 19, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4562

Re: Just learned something about HSAs and independent children that I did not know

Spirit Rider wrote:
Tue Nov 19, 2019 12:22 pm
One way to do this is take any distributions/debit card payment amounts and contribute to a Roth IRA. That is far easier and more likely to happen than adjusting an employee deferral rate.
We will also be encouraging him to use the gift to fund his Roth IRA
by GeraniumLover
Tue Nov 19, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4562

Re: Just learned something about HSAs and independent children that I did not know

My son is in same boat. Graduated in May, started full time job in June, moved to own place in September. I think he will be considered a dependent in 2019 but not 2020. We have signed up for a HDHP with HSA for 2020 and he will be covered under it (his open enrollment is in August, I think). He als...
by GeraniumLover
Thu Nov 14, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Just got an offer from Schwab for $2500 per IRA greater than $1M transferred. Has to be transferred by 12/31 and stay for a year. But surprisingly, on taxable brokerage account (which has 90% equities and Vanguard MF's) nothing. But perhaps this is because Schwab is looking for cash in the brokerag...
by GeraniumLover
Mon Nov 11, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For TDAM, actual transfer needs to be completed by Oct 8th. Not just initiating transfer. Not much time -- it takes a few days for ACATs. Disappointing that the board missed this earlier :( ADDED: *Offer valid for preselected clients who respond to the offer. So not clear they would honor it if you...
by GeraniumLover
Sat Nov 09, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Schwab actually has it's first bonus in a while for existing customers https://www.schwab.com/public/schwab/nn/investor_reward.html Not that great, the Schwab referral bonus I linked to earlier is better in some ways, but that may only hold for new to Schwab customers. This offer seems to be no lon...
by GeraniumLover
Sat Nov 09, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For TDAM, actual transfer needs to be completed by Oct 8th. Not just initiating transfer. Not much time -- it takes a few days for ACATs. Disappointing that the board missed this earlier :( ADDED: *Offer valid for preselected clients who respond to the offer. So not clear they would honor it if you...
by GeraniumLover
Thu Nov 07, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursement for a 6-month old fraudulent Visa charge
Replies: 19
Views: 1661

Re: Reimbursement for a 6-month old fraudulent Visa charge

Just reporting back -- I am very happy to report that BOA seems to have permanently credited me for the fraudulent charge despite my delay in reporting it to them.
by GeraniumLover
Tue Oct 29, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2119
Views: 372750

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA has some pretty good transfer incentives for the taxable account, but expiring soon. $50k transfer : bonus $300 $100k transfer : bonus $700 $250k transfer : bonus $1,300 $500k transfer : bonus $1,900 $1m transfer : bonus $3,500 $2m transfer : bonus $6,600 $5m transfer : bonus $12,700 https://ww...
by GeraniumLover
Sat Oct 12, 2019 9:02 am
Forum: Personal Investments
Topic: How to handle overcontributing to Solo 401K?
Replies: 32
Views: 7598

Re: How to handle overcontributing to Solo 401K?

... However, this excess contribution would first be considered an excess annual addition if there is sufficient self-employed earned income for the employer contributions. There are very strict rules on excess annual additions. Employer contributions are a protected employee benefit. Under IRS Rev...