Search found 607 matches

by Nearly A Moose
Mon Jan 15, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 23
Views: 1752

Re: Umbrella Policy - 1M or 2M

Upgrade. It's very cheap protection. I have $2M and much lower assets/NW than you (and don't want a court garnishing my wages or attaching my property on the way there!)
by Nearly A Moose
Fri Jan 12, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Rick Steves - France (or some other tour company)
Replies: 15
Views: 1315

Re: Rick Steves - France (or some other tour company)

Not what you're asking, so feel free to disregard, but consider just doing a diy tour based on a couple Rick Steves guide books. Get the whole France one, get one for Paris, and if there's a particular region you're super into, see if he has one for that too. I find his stuff well curated pretty on...
by Nearly A Moose
Fri Jan 12, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Rick Steves - France (or some other tour company)
Replies: 15
Views: 1315

Re: Rick Steves - France (or some other tour company)

Not what you're asking, so feel free to disregard, but consider just doing a diy tour based on a couple Rick Steves guide books. Get the whole France one, get one for Paris, and if there's a particular region you're super into, see if he has one for that too. I find his stuff well curated pretty on ...
by Nearly A Moose
Fri Jan 12, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7783

Re: How much/little money to give kids in will so they continue to work

Honestly, I think it's a little weird when adults are told they are getting x for an inheritance. It changes their decision making, sometimes not for the better. An inheritance, in my opinion, should be a windfall, not something you rely on or count the days to receiving. Giving an inheritance (or ...
by Nearly A Moose
Fri Jan 12, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7783

Re: How much/little money to give kids in will so they continue to work

Give them a dollar from the trust for every dollar they earn. I suppose that's one way to tell one's daughters they are never allowed to be a stay-at-home mom for their children or even just switch to part-time work.... Hey, don't forget house husbands! OP, I wonder if you're not overcomplicating t...
by Nearly A Moose
Thu Jan 11, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7783

Re: How much/little money to give kids in will so they continue to work

Give them a dollar from the trust for every dollar they earn. I suppose that's one way to tell one's daughters they are never allowed to be a stay-at-home mom for their children or even just switch to part-time work.... Hey, don't forget house husbands! OP, I wonder if you're not overcomplicating t...
by Nearly A Moose
Thu Jan 11, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 86
Views: 10144

Re: IRS announces new withholding tables for 2018

I've historically entered whatever number of allowances (is that the term? I forget) that the form directs me to, then I've added $1,000 per month withholding, and that's usually gotten me to where I only owe a few grand. If I understand this correctly, my employer is going to keep my current W-4 ex...
by Nearly A Moose
Thu Jan 11, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7783

Re: How much/little money to give kids in will so they continue to work

This is obviously incredibly personal and specific to each kid, family, family dynamic, etc. You obviously have to know your kids, and it sounds like OP's might be old enough to start giving them a little bit of "real" money to learn to manage if that's not being done already. But obviously learning...
by Nearly A Moose
Tue Jan 09, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1899

Re: home inspection on house I already live in?

Since OP is the tenant and has access to the house, what does the forum think about OP having the inspector come before making an offer (ie without owner even being involved/aware)? Could that put OP in a position to make a stronger-looking offer, such as by waiving inspection contingency if OP alre...
by Nearly A Moose
Mon Jan 08, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 6878

Re: Lowball offer on a home

I agree for the lowball in your position. They may very well be offended and end up taking a much higher offer. That's not your problem or concern. Offer what it is worth to you, and you seem to have a reasonable handle that this much work will not be cheap, easy, or quick. If someone else wants to...
by Nearly A Moose
Mon Jan 08, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 32
Views: 3901

Re: Disappointed in Missing a Long Term Financial Goal

You may or may not make it. But keep trying. The market will probably have more say than you given that this is a relatively short time-horizon goal at this point. And remember that the "bank account size" goal is a proxy for something else. I'm going to guess that your younger self picked $1M becau...
by Nearly A Moose
Sun Jan 07, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 1953

Re: Car recommendations needed for growing family

Also, minivans have this magical way if being able to hold anything and everything you try to put in the back, even when all the passenger seats are filled. Seriously, a minivan trunk is like a black hole. SUVs with flip up third row seats take up the trunk space, and they're hard to get into.
by Nearly A Moose
Sun Jan 07, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 1953

Re: Car recommendations needed for growing family

Just get a minivan. Sorry. I have two kids under 4. We have an SUV (Subaru Forester). Great vehicle, but with two carseats in the second row, you can't fit a third person between them. And driving for overnight trips we're fully loaded. I get giddy whenever we rent a van when traveling - so much spa...
by Nearly A Moose
Sun Jan 07, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Betterment Holdings or Transfer In-Kind to Vangaurd?
Replies: 5
Views: 450

Re: Sell Betterment Holdings or Transfer In-Kind to Vangaurd?

If youre young and just want a clean slate, take the tax hit and move on for simplicity - it's not that much money. at the same time, since it's not that much money, if you just transfer it in kind and set the dividends to not reinvest, before too long these holdings will be a neglible part of your ...
by Nearly A Moose
Sun Jan 07, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: A lot in taxable, or a little in Roth: a no-brainer?
Replies: 19
Views: 1239

Re: A lot in taxable, or a little in Roth: a no-brainer?

I'm also confused by the queation: assuming you don't need the money before 59.5, and assuming you have the same investments available on each account, Roth will always beat taxable, simply because it's not taxable. Of course, if you limit your options to the S&P500 in taxable account or something w...
by Nearly A Moose
Thu Jan 04, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: House Down-payment
Replies: 11
Views: 1166

Re: House Down-payment

Mine is in Vanguard Limited term tax exempt municipal bond fund (VMLUX if I recall). Our timeline is also not certain but likely shorter than yours. I've been pleased so far. As someone said, ask yourself whether you're willing to risk the fund dropping by a percentage equivalent to its average dura...
by Nearly A Moose
Thu Jan 04, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing 2018 Taxes
Replies: 19
Views: 1965

Re: Reducing 2018 Taxes

Buy shares of the Vanguard REIT index fund and when it continues to lose money, sell the shares for a loss. You can get a tax deduction for up to the taxes on $3,000 of the loss. Grrrr..... And mine is thoughtfully held in a Roth, so I can't even harvest the losses. :annoyed Should REITs be in taxa...
by Nearly A Moose
Thu Jan 04, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3289

REITs under new tax law

[Post merged into here, see below. --admin LadyGeek] Pardon if this has been addressed already, but the tax law threads have gotten a bit long. Is the new tax law expected to affect REITs in a significant way? For example, are they going to be taxed differently (either to the company owning the pro...
by Nearly A Moose
Thu Jan 04, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Higher net worth / lower cash flow - How to Invest
Replies: 23
Views: 2190

Re: Higher net worth / lower cash flow - How to Invest

I don't have a good big-picture comment, but is that truly "cash," or on CDs or something? I'd at least get most of that into something like an Ally Bank 12 or 24 month CD so that it's staying close to inflation.
by Nearly A Moose
Thu Jan 04, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing 2018 Taxes
Replies: 19
Views: 1965

Re: Reducing 2018 Taxes

livesoft wrote:
Thu Jan 04, 2018 3:31 pm
Buy shares of the Vanguard REIT index fund and when it continues to lose money, sell the shares for a loss. You can get a tax deduction for up to the taxes on $3,000 of the loss.
Grrrr..... And mine is thoughtfully held in a Roth, so I can't even harvest the losses. :annoyed
by Nearly A Moose
Thu Jan 04, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Wireless Ability for Surround Sound Rear Speakers
Replies: 11
Views: 728

Re: Wireless Ability for Surround Sound Rear Speakers

You need a wireless transmitter than can send a signal to a separate amp, which you then connect to the two rear speakers. Prices range dramatically. Monoprice.com I believe still offers an option for under $50 and has a good return policy if you want to try the concept. But you're going to be runni...
by Nearly A Moose
Thu Jan 04, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 72
Views: 3371

Re: E-reader for ebooks - Pros and Cons

Love, love, love the Paperwhite. Battery lasts a week of extensive reading, low-glare screen means I can read outdoors, and it's lightweight as well. Adjustable font size, and an adjustable backlight makes it an amazing addition to my reading life. If it broke today, I'd buy another one later today...
by Nearly A Moose
Thu Jan 04, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Cloud-Based Backup - Mac and NAS - Losing Crashplan
Replies: 4
Views: 384

Re: Cloud-Based Backup - Mac and NAS - Losing Crashplan

onourway wrote:
Thu Jan 04, 2018 4:19 pm
Took a few mouse clicks and entering my credit card info. That's all.
Wow, you're right, that was incredibly simple. And to think I almost started an entirely new backup process! Glad I can turn to Bogleheads for a quick dose of common sense.
by Nearly A Moose
Thu Jan 04, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Cloud-Based Backup - Mac and NAS - Losing Crashplan
Replies: 4
Views: 384

Re: Cloud-Based Backup - Mac and NAS - Losing Crashplan

I just a few minutes ago finally converted my Crashplan Home to Crashplan Business. We have 3 computers. One of them is an iMac with a 4TB drive that acts as the home backup point. I eliminated one laptop in the conversion, as it didn't really need to be backed up to the cloud - nearly everything i...
by Nearly A Moose
Thu Jan 04, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Cloud-Based Backup - Mac and NAS - Losing Crashplan
Replies: 4
Views: 384

Cloud-Based Backup - Mac and NAS - Losing Crashplan

I had forgotten about the pending discontinuation of Crashplan Home :annoyed , so I have a couple days to find an alternative. I know there have been a number of posts on this in the past, but I haven't seen a clear answer for my setup, so I'm hoping to leverage others' experience here. Here's my se...
by Nearly A Moose
Sat Dec 30, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2450

Re: Securing Law School Scholarships

Just saw this. I did the law school thing many moons ago. Law school admission is still all about the numbers (GPA + LSAT), and you have good ones. There are also other factors that could tip the scales in your favor, (geographic diversity, undergraduate college attended, essay, URM status, work ex...
by Nearly A Moose
Sat Dec 30, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance Riders/Waivers
Replies: 11
Views: 570

Re: Disability Insurance Riders/Waivers

I *think* you're limited to 60% of salary, with the 60% being agnostic to tax. Ie, the insurance companies just ask whether the payout would be 60% of salary and don't care whether that amount gets taxed or not if distributed to you. The general rule is that if your employer pays the premium (ie do...
by Nearly A Moose
Sat Dec 30, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance Riders/Waivers
Replies: 11
Views: 570

Re: Disability Insurance Riders/Waivers

I *think* you're limited to 60% of salary, with the 60% being agnostic to tax. Ie, the insurance companies just ask whether the payout would be 60% of salary and don't care whether that amount gets taxed or not if distributed to you. The general rule is that if your employer pays the premium (ie doe...
by Nearly A Moose
Fri Dec 29, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Private personal loan - flat one time fee?
Replies: 15
Views: 1106

Re: Private personal loan - flat one time fee?

This is basically a loan with deferred interest and a balloon payment, no? I'm not sure if those were real numbers or just examples, but your friend may want to also look into whether he can use a credit card cash advance coupled with an introductory offer of 0% interest for the first year, or somet...
by Nearly A Moose
Thu Dec 28, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC quotes IRS on terms of deductibility of prepaid property taxes
Replies: 79
Views: 5531

Re: CNBC quotes IRS on terms of deductibility of prepaid property taxes

Have only skimmed this thread, but FYI, DC had said that it's 2018 taxes have been assessed and fall under scenario 1:

https://cfo.dc.gov/service/prepay-2018- ... operty-tax
by Nearly A Moose
Wed Dec 27, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2450

Re: Securing Law School Scholarships

OP - You asked about how much law school debt to take on. The unhelpful but probably accurate answer is, assuming you're aiming for a reasonably long stay at biglaw (at least 4-5 years), as much debt as you need to. But in reality, consider your undergrad debt, other obligations (family, property, e...
by Nearly A Moose
Wed Dec 27, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2450

Re: Securing Law School Scholarships

You'll get some money from T-14, but probably not a half scholarship. Law schools care more about the LSAT than they do the GPA (unless GPA is from an Ivy or equivalent). For reference, I know a latina/hispanic femaie with a 170 LSAT and 3.69 GPA received $24k/yr (merit) from Duke (received full ri...
by Nearly A Moose
Sun Dec 24, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2450

Re: Securing Law School Scholarships

I can say with complete confidence that you can get academic scholarship money at T-14 schools with those numbers. I did it with "less" than you (I wasn't a diversity candidate). It takes some luck, but it always does. You're more likely to get money at Duke/UVA/Penn than Harvard/Yale/Stanford with ...
by Nearly A Moose
Sat Dec 23, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 39
Views: 3136

Re: Using 529 for grade school- help with strategy

It seems to be that Coverdell ESAs have mainly become irrelevant. There’s nothing an ESA can do that a 529 can’t post TCJA, and the 529s have higher limits. Just wanted to chime in to see if soneone can prove otherwise: Michigan has a provision where contributions are only state tax deductible minu...
by Nearly A Moose
Fri Dec 22, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 39
Views: 3136

Re: Using 529 for grade school- help with strategy

If you're already maxing out your state tax deduction with the college savings, am I reading correctly that the strategy here is basically to not have to pay taxes on the returns? So if you're "cashflowing" private tuition through a 529, you're probably using a stable value fund of some sort, but un...
by Nearly A Moose
Fri Dec 22, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Dumb question; apologies if answered earlier. I do not understand the $10k limit on state and local tax deductions. I looked at my 2016 return and deducted around $10k in New York State income tax, and another $6,000 for property taxes. I am not clear if the $10k limit is for just property taxes, o...
by Nearly A Moose
Fri Dec 22, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 6432

Re: Do you include your house in your net worth if you own it outright?

If you include your home in NW then you need to include vehicles and every possession you own. Between cars, tractor, weight equipment...I probably have $50k in that...not even including all appliances, clothes, furniture, etc etc. Where does it stop? It stops on stuff that you’d throw away. I woul...
by Nearly A Moose
Fri Dec 22, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 6432

Re: Do you include your house in your net worth if you own it outright?

If you include your home in NW then you need to include vehicles and every possession you own. Between cars, tractor, weight equipment...I probably have $50k in that...not even including all appliances, clothes, furniture, etc etc. Where does it stop? It stops on stuff that you’d throw away. I woul...
by Nearly A Moose
Fri Dec 22, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 6432

Re: Do you include your house in your net worth if you own it outright?

Yes, it's part of my net worth, so I include it, less my outstanding mortgage balance. I separately track a number that is my targeted "invested assets" for various stages of life. This number is what I'd look at if I were thinking of retiring, taking a sabbatical, buying a second house (shudder), b...
by Nearly A Moose
Fri Dec 22, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Interestingly, I had starting a modest DAF through Fidelity on my 2018 worklist. This discussion got all excited about accelerating that, caused me to run some numbers and then do ... nothing. I'm going still going to itemize next year (just not as much with the SALT limitation, not NEARLY as much),...
by Nearly A Moose
Fri Dec 22, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Just walked by a TV with a news banner that said the tax bill has been signed into law.
by Nearly A Moose
Fri Dec 22, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Please note that we are merging duplicate threads here. If something looks out of place, check the post title, it may be from a merged thread. Another thing, we made an exception to our rule that laws must be enacted before they can be discussed in order to give people a chance to figure out if the...
by Nearly A Moose
Thu Dec 21, 2017 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Tax Bill Omnibus Thread

Where's Livesoft with all this tax chatter? He's fighting the good fight elsewhere : No they are not. They are based on taxable income like they always have been. It seems that very few US citizens actually know much about how their income taxes are calculated. Most Americans do not even know how m...
by Nearly A Moose
Thu Dec 21, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Tax Bill Omnibus Thread

Where's Livesoft with all this tax chatter?
by Nearly A Moose
Thu Dec 21, 2017 2:44 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48490

Re: Tax Bill Omnibus Thread

I think that you can see exactly what changes between current (2017) and future (2018 ->) for your own circumstances using http://taxplancalculator.com/ It is a very simple tool and the results are worth a thousand questions/words. Hope it helps. This tool is awesome - thanks for sharing! Beware! T...
by Nearly A Moose
Mon Dec 18, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12629

Re: Bitcoin

I agree this investment vehicle is not good. But could it be that we are wrong about bitcoin? How about comparison to the art market: https://www.forbes.com/sites/petertchir/2017/12/16/if-art-isnt-a-bubble-maybe-bitcoin-isnt-either/ To me it screams bubble of epic proportions, but those valuing and...
by Nearly A Moose
Mon Dec 18, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: GDAX Fee Question
Replies: 6
Views: 546

Re: GDAX Fee Question

I am a Boglehead with a very passive, low-cost portfolio. I also have a very small sum that I've decided to put into cryptocurrencies for the fun of it. It is money I'm prepared to lose completely. But my guess is I won't. I see plenty of others here who have or even recommend (under appropriate cir...
by Nearly A Moose
Sun Dec 17, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 787

Re: Is there still time to open a backdoor Roth this year?

Thanks, all. Backdoor Roth in process now. Just waiting for the funds from my taxable account to actually show up in the my settlement fund. By the way, PoF's step-by-step tutorial is very helpful here.
by Nearly A Moose
Sun Dec 17, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: 529s - Seeking quick double check
Replies: 1
Views: 221

529s - Seeking quick double check

Hi all, I think I understand this, but I'm hoping for a quick double-check: We have two kids. We live in DC. We've maxed out our state tax benefits available by using the DC 529 plan (can deduct in effect up to $4,000 per parent, so $8,000 total regardless of the number of potential beneficiaries). ...
by Nearly A Moose
Thu Dec 14, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 787

Re: Is there still time to open a backdoor Roth this year?

Cool, thanks all. Shares sold. Will open the IRA soon.