Search found 727 matches

by MP123
Mon Oct 22, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: How to open a sealed up fireplace?
Replies: 13
Views: 1071

Re: How to open a sealed up fireplace?

Cut the caulk with a knife, simple as that. Unfortunately I have had no luck using a box cutter blade. Perhaps I need to use a pointed craft knife. I am beginning to wonder if there is more than just caulk holding it shut? Perhaps some nails? It might be glued on with construction adhesive, who kno...
by MP123
Sun Oct 21, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Wash Sale: FSTVX -> ITOT
Replies: 7
Views: 922

Re: Avoiding Wash Sale: FSTVX -> ITOT

Different number of stocks held, different expense ratios, different companies. Not substantially identical IMHO. It's up to you though and opinions vary. I draw the line at Vanguard's etf/fund/admiral /investor pairs and similar. In all of the wash sale threads on here (and there are many) I don't ...
by MP123
Thu Oct 18, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bitcoin after death...some thoughts to consider
Replies: 10
Views: 2336

Re: Bitcoin after death...some thoughts to consider

If the encryption that bitcoin is based on is brute force cracked by this mythical soon-to-come computing power, the cracking of bitcoin will be dwarfed in significance to the cracking of encryption protecting US Dollar and Euro based financial systems. It's not mythical, it's called Quantum Comput...
by MP123
Wed Oct 17, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 78
Views: 4437

Re: Personal Adventure - recommendations

This is a great thread. No one has mentioned the wild and crazy events coordinated by the Adventurists so I will: https://www.theadventurists.com/home/ These are way too out there for me and probably for most bogleheads, but I admire the spirit motivating them. I think that spirit can be used to in...
by MP123
Wed Oct 17, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 193
Views: 58979

Re: Vanguard's Wellesley Income fund is incredible

IMO, not meaningful, but I though about finding companies that may have beat it (since 1970 data on Morningstar), and I wasn't able to come up with one until about my 10th try. I tried Berkshire first, but the data for A shares only started in the 90's and later for the B shares (and it does handil...
by MP123
Tue Oct 16, 2018 10:52 pm
Forum: Personal Consumer Issues
Topic: Pet Insurance company recommendation
Replies: 23
Views: 1771

Re: Pet Insurance company recommendation

The few policies I looked at a while ago had very low maximum payouts. Like a few thousand dollars maximum. But you'd pay that in premiums in a year or two. Basically you're pre-paying your benefit which isn't really a good idea. This might be an area to consider self insuring. At the very least you...
by MP123
Tue Oct 16, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 78
Views: 4437

Re: Personal Adventure - recommendations

As a fellow old sailor how about a "Great Loop tour"? Down the Mississippi river, up the ICW, through the Great Lakes. Lots of water, and shore time (or not) depending on your mood. Not as isolated as a solo ocean race but that might be good. You could probably do it in anything that floats and stri...
by MP123
Tue Oct 16, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Why buy thicker hardwood?
Replies: 16
Views: 2189

Re: Why buy thicker hardwood?

The thicker the hardwood, the more times it can be refinished. You have a better chance of buffing out any scratches and gouges. This. Even if it's not you the next buyer might pay a little more for it too. Plus it sounds better when you walk on it. More solid, less hollow. Hard to describe and it ...
by MP123
Sun Oct 14, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: Maui - Ka'anapali Beach Hotel
Replies: 15
Views: 1985

Re: Maui - Ka'anapali Beach Hotel

We've stayed at several Ka'anapali resorts including the Ka'anapali Beach Hotel. Compared to the others it's a very low key property, older, family oriented, friendly, very old school Hawaiian with a lot of Aloha spirit. It's a comfy rather than glitzy. The restaurants are OK but not super great. It...
by MP123
Sat Oct 13, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2881

Re: Pacific Northwest trip

Has OP said if they want an urban trip or more nature? Good question. We'd obviously like to experience the city, but definitely want to do other things (whitewater rafting, boat trip, maybe fishing charter). Now I'm thinking that we might just spend the whole time in Oregon using Portland as a bas...
by MP123
Thu Oct 11, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: Can a Person Under 21 Rent a Hotel Room?
Replies: 15
Views: 1517

Re: Can a Person Under 21 Rent a Hotel Room?

Often they'll want to swipe a card at check-in but booking in your name with them on the reservation may work if they don't have their own card.

Don't be shy about calling and asking though, it's the hospitality business after all.
by MP123
Thu Oct 11, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare premiums will be down an average of 1.5 percent next year
Replies: 39
Views: 3987

Re: Obamacare premiums will be down an average of 1.5 percent next year

Kaiser in WA just got approved for a 18% increase, they asked for 29%.

Someone must be getting a heck of a deal if the so called "average" is down 1.5%
by MP123
Thu Oct 11, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: If I retire to a State that has no State taxes...
Replies: 46
Views: 7379

Re: If I retire to a State that has no State taxes...

It depends on the state(s). You will likely owe some to your previous state prorated for the part of the year you lived there. It won't be prorated. If you are a part-year resident of a state, you owe tax to that state on all income you earned while a resident, and not at all on income earned while...
by MP123
Wed Oct 10, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: If I retire to a State that has no State taxes...
Replies: 46
Views: 7379

Re: If I retire to a State that has no State taxes...

It depends on the state(s). You will likely owe some to your previous state prorated for the part of the year you lived there.

Which states are we talking about?

Some tax investment income but not wages for example.
by MP123
Wed Oct 10, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2036

Re: Google's Titan Key for 2fa

aqan wrote:
Wed Oct 10, 2018 7:56 pm
MP123 wrote:
Wed Oct 10, 2018 7:47 pm
If you leave the key plugged in all the time and someone steals your computer they have your 2fa too, right?
I'm guessing they still have to know your password to get in.
But they could likely recover the password via the attached 2FA key. Depending on the site I guess.
by MP123
Wed Oct 10, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Google's Titan Key for 2fa
Replies: 23
Views: 2036

Re: Google's Titan Key for 2fa

If you leave the key plugged in all the time and someone steals your computer they have your 2fa too, right?
by MP123
Mon Oct 08, 2018 11:03 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 18526

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

But using the label "safe" can be misleading? Agreed. I believe in the original research, the "S" in SWR stood for "sustainable", not "safe". In Bengen's study, the first examining the topic, he referred to 'safe withdrawal rates'. In the later Trinity study, they used the term 'sustainable withdra...
by MP123
Sun Oct 07, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can you give "spousal" health insurance to a non-spouse?
Replies: 31
Views: 1567

Re: Can you give "spousal" health insurance to a non-spouse?

So why not just buy their health insurance? It's cheaper to include another person on your policy than buying a new one outright... ACA plans are priced by age. Or are you talking about an employer plan? Yes, I'm referring to employer plan. Got it. For ACA and off exchange plans you don't get a bre...
by MP123
Sun Oct 07, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

I need some figures! Can anyone direct me to whom to contact to get these figures? I want to know: How many households are on ACA in USA (broken down by household size)? How many are paying nothing or close to nothing (these are the household with MAGI less tha the ptc cliff? Again broken down by h...
by MP123
Sun Oct 07, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Can you give "spousal" health insurance to a non-spouse?
Replies: 31
Views: 1567

Re: Can you give "spousal" health insurance to a non-spouse?

AndroAsc wrote:
Sun Oct 07, 2018 7:33 pm
livesoft wrote:
Sun Oct 07, 2018 7:32 pm
So why not just buy their health insurance?
It's cheaper to include another person on your policy than buying a new one outright...
ACA plans are priced by age.

Or are you talking about an employer plan?
by MP123
Sun Oct 07, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of running a one-person S-corp without an accountant
Replies: 7
Views: 838

Re: Mechanics of running a one-person S-corp without an accountant

You'll need to do a 1120s, K1, W2/W3, 940,941, and whatever else your state requires. You'll also need to pay estimated taxes quarterly. It's not hard especially if you have previous years paperwork to use as a model, but if you can't handle repetitive paperwork it might not be for you. From your de...
by MP123
Sat Oct 06, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401K contributions year of death
Replies: 6
Views: 552

Re: Solo 401K contributions year of death

I'm hoping the best for you and your DH. As Spirit Rider mentioned the signed salary deferral election for this year might be good to get if you don't have it already. I believe the company has 30 days to make the actual deposit to the 401k depending on how the election is structured (paycheck /mont...
by MP123
Sat Oct 06, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: Just purchased the new 2018 Jeep Wrangler
Replies: 30
Views: 3587

Re: Just purchased the new 2018 Jeep Wrangler

New Jeep Wrangler Frame Welds are Failing and Now FCA Is Issuing a Recall https://jalopnik.com/new-jeep-wrangler-frame-welds-are-failing-and-now-fca-i-1829551649 Track bar bracket /bushing problems aka "death wobble" has been around forever on jeeps and other front axle cars. I was really hoping th...
by MP123
Fri Oct 05, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 4769

Re: Sellers remorse - selling business

Hmmmm...

Mid 50s, selling businesses for eight figures, DW on board with it. Sounds pretty good! :sharebeer

Not sure about the details of the sale so maybe there's some room there for fine tuning?
by MP123
Fri Oct 05, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

Also, that payment was pre-tax through the business. I believe now I will have to pay with after tax dollars. Most likely you will be able to take the self employed health insurance deduction for the full amount of the premiums and the HSA deduction if you get an HSA compatible plan. Small consolat...
by MP123
Fri Oct 05, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9029

Re: 20 countries where 200K in retirement savings will last you decades

willthrill81 wrote:
Fri Oct 05, 2018 8:13 pm
bgf wrote:
Fri Oct 05, 2018 8:12 pm
3504PIR wrote:
Fri Oct 05, 2018 4:29 pm
Next time you’re in a mall
what's a mall?
Image
That's a maul, lol! Gotta love phonetics!
by MP123
Thu Oct 04, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

Also, that payment was pre-tax through the business. I believe now I will have to pay with after tax dollars. Most likely you will be able to take the self employed health insurance deduction for the full amount of the premiums and the HSA deduction if you get an HSA compatible plan. Small consolat...
by MP123
Thu Oct 04, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

Also, that payment was pre-tax through the business. I believe now I will have to pay with after tax dollars. Most likely you will be able to take the self employed health insurance deduction for the full amount of the premiums and the HSA deduction if you get an HSA compatible plan. Small consolat...
by MP123
Wed Oct 03, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

You could hire some full time employees, provide benefits and keep your current plan. [OT comment removed by admin LadyGeek] When I looked at the health sharing ministry plans they generally had $100k maximum payout. Not even close to catastrophic (or even just sort of bad) coverage. A short term p...
by MP123
Wed Oct 03, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 77
Views: 5000

Re: Need Health Insurance (Non-ACA Options)

Assuming you don't qualify for subsidies your best bet is probably an ACA Bronze level plan that qualifies for an HSA contribution. And be sure to make it. Non-ACA plans vary quite a bit so be sure you really understand the plan if you go that route. They're a poor substitute in my opinion. I feel y...
by MP123
Tue Oct 02, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: how difficult is Form 1116 (foreign tax credit)
Replies: 12
Views: 629

Re: how difficult is Form 1116 (foreign tax credit)

As tax forms go 1116 is relatively complex and the way it's structured is confusing at first. But with only one foreign taxable holding and turbo tax you'll have no problems. You can always get help here with it too.
by MP123
Tue Oct 02, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 209
Views: 14494

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

Texas has no state income tax. Your other three choices also have their advantages depending on what you're looking for.

What part of California are you coming from?

If you haven't already you should check out city-data.com forums.
by MP123
Tue Oct 02, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 127
Views: 9278

Re: Barron's Making the Case for Gold

gold has risen over very long periods of time at the rate of inflation. An ounce of gold bought a fine tailored toga 2000 years ago and today it will buy you the equivalent fine tailored men's suit. When looking at the long term return of gold you also need to include the holding costs. For example...
by MP123
Sun Sep 30, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Not claiming children as dependents or not? Tax implications
Replies: 11
Views: 1125

Re: Not claiming children as dependents or not? Tax implications

Are your children on your health insurance? If so, does the insurance require that any child up to age 26 be a dependent in order to qualify? ACA compliant insurance doesn't require a child under 26 to be a tax dependent in order to qualify for it under your policy. But short term, health ministrie...
by MP123
Fri Sep 28, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: getting paid as a contractor
Replies: 33
Views: 2254

Re: getting paid as a contractor

Unfortunately slow/no pay is part of the business world especially for non-employees (i.e. Contractors) You need to build that possibility into your rate or project bid. I agree that a one page contract is unlikely to cover all the possible ways things could go wrong. If you're willing to share a ba...
by MP123
Fri Sep 28, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 123
Views: 14545

Re: Sears, a 125 year old company is now a penny stock.

The Sears mail order catalog was the Amazon of a hundred years ago. An interesting lesson in how times change. Sad to see them as a penny stock but you're right about diversification and individual stocks.
by MP123
Thu Sep 27, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4360

Re: Anyone ever tired of managing hair and consider shaving to go bald

I would cut it super short (0 level) with hair clippers to try out. I did the same (preemptive move) and have not gone back. Still use zero level hair clippers so not shaving yet. Yes, #0 or even #1 blade guards give you most of the advantages of a total shave with a little less maintenance because...
by MP123
Wed Sep 26, 2018 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Rideshare Retirement Acct. [Can I contribute to my IRA as an Uber driver?]
Replies: 5
Views: 649

Re: Rideshare Retirement Acct. [Can I contribute to my IRA as an Uber driver?]

For the year you can contribute up to $5,500/$6,500 (over 50 years old) but not more than your earned income. Earned income would include Uber. So depending on how much you make at Uber and how much earned income from other jobs during the year you can contribute at least something and as much as th...
by MP123
Wed Sep 26, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4360

Re: Anyone ever tired of managing hair and consider shaving to go bald

It's not the morning routine, that's never a problem. It's just bothering me every once in a while. I also do a lot of cycling and wear a helmet, and that causes too much sweating and sticking to head and all that. I think that you will find that the shaved head will result in a worse experience wh...
by MP123
Tue Sep 25, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Insurance vs ACA 2019 edition
Replies: 12
Views: 848

Re: Short Term Insurance vs ACA 2019 edition

You might need 2 health insurance policies simultaneously, an ACA plan, and one of the short term insurance plans for when you are living out of South Dakota. The short term plans are very limited on certain things. And they don't generally cover pre-existing conditions. So if you need to be treate...
by MP123
Sun Sep 23, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Seattle and (Victoria OR Vancouver) next week.
Replies: 25
Views: 1544

Re: Seattle and (Victoria OR Vancouver) next week.

Traffic is horrendous. I'd rent a car only for the trips out of town, would not keep or attempt to use in town. Uber is your friend. Vancouver is much more diverse and dynamic. Victoria is cutesy and charming. Take your pick. Vancouver is fantastic if you like to eat especially Asian food. Victoria...
by MP123
Fri Sep 21, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy for >2% owner in Scorp
Replies: 17
Views: 1288

Re: ACA subsidy for >2% owner in Scorp

The bottom line is that your deduction is the net premium = gross premium - premium tax credit. You should always do this with software if possible. So apparently, you must be below the ACA income limit BEFORE the health insurance premium deduction. That is not correct. You start the iterations wit...
by MP123
Fri Sep 21, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy for >2% owner in Scorp
Replies: 17
Views: 1288

Re: ACA subsidy for >2% owner in Scorp

My s-corp pays my individual health insurance premium and is deductible by the s-corp. However, it is added back on my w2 and included in wages. And then after that you can deduct it on line 29 of your 1040 which would finally reduce your MAGI. Or at least that's my understanding assuming you're a ...
by MP123
Thu Sep 20, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy question
Replies: 3
Views: 440

Re: ACA subsidy question

Yes, you can take it as a refundable tax credit if your income turns out to be under the cutoff cliff. The only plans eligible for monthly subsidies paid to the insurer or end of year tax refunds of the subsidy are ones bought through the exchange. It sounds like yours is OK, but people that buy pla...
by MP123
Wed Sep 19, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with starting solo 401 k - just so I can do Backdoor Roth IRA
Replies: 8
Views: 505

Re: Need help with starting solo 401 k - just so I can do Backdoor Roth IRA

You don't need a CPA to open the solo 401k. I assume you have a sole proprietorship or whatever which would allow you to establish a solo 401k? If so, complete the paperwork that you have sitting on your desk and do it. If you have questions about the paperwork, come back here and we'll help you. I...
by MP123
Tue Sep 18, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25273

Re: What is your single most expensive mistake?

Buying a boat. Bought a new custom $100,000 27' SeaSport Seamaster set up as a dive boat for SE Alaska together with a friend of mine. We had some good adventures on it and sold it a few years later after we both got married for perhaps a $40,000 loss considering all we had in it. The two happiest ...
by MP123
Tue Sep 18, 2018 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: UTMA help.... advice needed for inherited UTMA
Replies: 9
Views: 557

Re: UTMA help.... advice needed for inherited UTMA

livesoft wrote:
Tue Sep 18, 2018 9:38 pm
In any case, I would get it away from UBS myself.
Agreed 100% on UBS.

At age 6 a total US stock market fund or even total world fund would be right. Munis and cash have their place but your daughter needs growth and has a long time to make up any corrections.

Keep it simple.
by MP123
Fri Sep 14, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Riddle
Replies: 17
Views: 1731

Re: Dividend Riddle

Since the annual dividend was 4 cents per share and the 1099-div was also an annual amount you probably don't need to break it down by quarter assuming you held it the whole year. But if the $10,000 dividend came from only one quarter because you bought it in October for example then the amounts abo...
by MP123
Thu Sep 13, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why is an EIN needed for i401k?
Replies: 10
Views: 1097

Re: does LLC need new EIN after revoking S Corp election?

Bumping old Topic so that hopefully I won't need to start a new one, I have an LLC that elected S Corp taxation. The LLC has it's own EIN. I'm considering revoking the S Corp election by Dec 31 and on Jan 1 continuing doing business in the name of the same LLC as a disregarded entity. I'd like for ...
by MP123
Wed Sep 12, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 3982

Re: Vanguard is requiring cell phone security codes - problem for international travel

Xyz214 wrote:
Wed Sep 12, 2018 9:25 pm
Register a Google voice number! It's free.
Yes. I just wish there was a better selection of area codes.