Search found 224 matches

by Uniballer
Wed Oct 30, 2019 11:18 am
Forum: Personal Investments
Topic: Money Market Tax Question
Replies: 28
Views: 1395

Re: Money Market Tax Question

Is that right or am I missing something? No. That rate is listed as APY (annual percentage yield). If you use their online CD calculator they tell you that if you buy a $25K CD at .75% for 3 months then you will yield $46.74 after 3 months. That is about 1/4 of the $187.50 you would get if you rece...
by Uniballer
Mon Oct 07, 2019 3:46 am
Forum: Personal Consumer Issues
Topic: Replacing Furnace Pressure Switch
Replies: 7
Views: 706

Re: Replacing Furnace Pressure Switch

Have you tried testing the switch yourself? Mouth suction on the tube should be enough to reliably trip the switch; disconnect the wires from the furnace and check the switch with a continuity tester. I have seen some other failures that could be mistaken for a bad pressure switch. Dirty or damaged ...
by Uniballer
Wed Sep 25, 2019 11:11 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9516

Re: Merrill Lynch Advisor wants to meet for coffee

If I actually speak to a human cold caller I say, "I would love to speak with you about that, but I have to charge you $100 per minute. Mastercard or Visa only. What is your card number?"

Some callers hang up, some just laugh, but nobody has given me a card number.
by Uniballer
Wed Sep 25, 2019 4:04 am
Forum: Personal Finance (Not Investing)
Topic: Solar panel advice & experiences
Replies: 64
Views: 2902

Re: Solar panel advice & experiences

Does the quote include replacing the existing roof? Are you sure you want to put new solar panels over a roof with perhaps half of its life gone? Assume that the salespersons numbers for energy production and dollar savings are fantasy. What do your own best estimates indicate? What is the chance th...
by Uniballer
Tue Sep 24, 2019 12:53 pm
Forum: Personal Consumer Issues
Topic: Thought provoking non-fiction for 3rd grader
Replies: 51
Views: 2452

Re: Thought provoking non-fiction for 3rd grader

Helen Keller - The Story of My Life
by Uniballer
Mon Sep 23, 2019 5:04 am
Forum: Personal Consumer Issues
Topic: Removing ceramic tile with hammerdrill+chisel bits
Replies: 18
Views: 1311

Re: Removing ceramic tile with hammerdrill+chisel bits

Just want to point out that the amount of dust dispersed from an air chisel is likely to be much greater than with a rotary hammer because the exhaust air will spew it everywhere.
by Uniballer
Tue Sep 17, 2019 4:48 am
Forum: Personal Finance (Not Investing)
Topic: Should I contribute to an IRA?
Replies: 15
Views: 1312

Re: Should I contribute to an IRA?

You should contribute to a regular IRA even though it is not tax deductible, and then convert it to a Roth. This is called a back-door Roth IRA contribution . This lets you put money into a Roth for the same cost as putting that money in a taxable brokerage account, and the advantage is that you won...
by Uniballer
Wed Sep 11, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 4560

Re: Best Dog Car?

A minivan will hold multiple dog crates and lots of training gear or luggage.

I know several people in the dog training and rescue communities who like the Honda Element, but that is no longer being made.
by Uniballer
Wed Sep 11, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1287

Re: What are you doing about lantern flies?

A nursery owner said that the equivalent spray to that Bayer spray is using Permythrin in Bonide Eight Insect Control No, these products are not very equivalent. It is more likely that the nursery owner wants you to buy the product that he sells. The Bayer spray active ingredient is Imidacloprid , ...
by Uniballer
Sun Sep 01, 2019 8:00 pm
Forum: Personal Consumer Issues
Topic: semi-DIY solar panels
Replies: 39
Views: 3261

Re: semi-DIY solar panels

IMO the biggest risk is changes to the regulatory structure affecting compensation rates. Will your system still pay for itself if you only get paid the wholesale rate for electricity you put back into the grid?

For example: Net metering in Arizona
by Uniballer
Sun Sep 01, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Did humanity ever make good Gas cans
Replies: 70
Views: 6424

Re: Did humanity ever make good Gas cans

I like the No-Spill cans too for the mower, trimmers, chainsaws, tractor, etc., but how do you empty one of those cans into the car/truck/skid steer (i.e. anything with the fill cap on the side)?

Edit: No-Spill suggests an extension nozzle for those.
by Uniballer
Fri Aug 30, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Choices Upon Demise
Replies: 3
Views: 652

Re: Spouse Choices Upon Demise

anonenigma wrote:
Fri Aug 30, 2019 12:45 pm
If so, the second move is obviously better, right?
If she needs the money before she turns 59.5 then taking RMDs as your beneficiary may be better for her. Once she is 59.5 it is a no-brainer to make the IRA her own.
by Uniballer
Tue Aug 06, 2019 3:40 pm
Forum: Personal Investments
Topic: Divorce: itemizing and TLH
Replies: 7
Views: 808

Re: Divorce: itemizing and TLH

The rules say that if you are Married Filing Separately then you must either both take the standard deduction or both itemize.

IRS link "Other Deduction Questions"
by Uniballer
Fri Aug 02, 2019 7:13 am
Forum: Personal Investments
Topic: Vanguard New York Municipal Money Market Fund (VYFXX)
Replies: 7
Views: 631

Re: Vanguard New York Municipal Money Market Fund (VYFXX)

radstar wrote:
Thu Aug 01, 2019 11:04 am
I'm in the highest tax bracket, that's why leaning towards some tax efficient options.
That's why my example showed that, at present, VUSXX is paying more after federal income tax in the 37% bracket than VYFXX is paying.
by Uniballer
Thu Aug 01, 2019 7:16 am
Forum: Personal Investments
Topic: Vanguard New York Municipal Money Market Fund (VYFXX)
Replies: 7
Views: 631

Re: Vanguard New York Municipal Money Market Fund (VYFXX)

You should run the numbers on the alternative funds before sticking your money in VYFXX. Your marginal tax rates matter. Look at Vanguard Treasury Money Market (VUSXX). It is paying 2.15% as of 7/31/2019, and it is exempt from state and local income taxes, so for New York taxpayers it is generally b...
by Uniballer
Wed Jul 31, 2019 9:26 am
Forum: Personal Investments
Topic: How to find Individual stocks in Vanguard Index Fund
Replies: 15
Views: 1149

Re: How to find Individual stocks in Vanguard Index Fund

If you look up the fund, for example, VTI , and go to the "Portfolio and Management" tab, then it will clearly show the top 10 holdings (from some specified date, e.g. the end of the month). Further down on this tab there is a link labeled "Portfolio Holdings". Clicking on that today shows you this ...
by Uniballer
Tue Jul 30, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: What to look for when buying vacant land?
Replies: 10
Views: 1477

Re: What to look for when buying vacant land?

Other utilities, such as natural gas.

Pipelines that cross the property (e.g. natural gas mains, or oil pipelines).

Mineral rights/leases, gas well leases, etc.
by Uniballer
Sun Jul 21, 2019 5:37 pm
Forum: Personal Investments
Topic: where to put cash holdings
Replies: 7
Views: 1493

Re: where to put cash holdings

Is there any advantage to having a Vanguard MM account rather than the high yield account through my bank? It depends on the rates and your tax situation. Last month Vanguard Treasury Money Market (VUSXX) was paying around 2.3% and it is state tax exempt. It is now paying around 2.18%, and that is ...
by Uniballer
Mon Jul 15, 2019 4:05 pm
Forum: Personal Investments
Topic: Was going with AXA a bad move?
Replies: 38
Views: 2838

Re: Was going with AXA a bad move?

When I asked him if it was an annuity inside of an IRA he said, "Yeah, it's inside an IRA. It's a platform we use because there's no trading fees of transaction fees involved". What's the real reason, is AXA able to collect more fees from people this way? I think the main reason AXA (and similar fi...
by Uniballer
Tue Jul 02, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Finally filing 2018 taxes and Form 8606 is confusing
Replies: 39
Views: 2342

Re: Finally filing 2018 taxes and Form 8606 is confusing

From About Form 8606 | Internal Revenue Service Use Form 8606 to report: Nondeductible contributions you made to traditional IRAs. Distributions from traditional, SEP, or SIMPLE IRAs, if you have ever made nondeductible contributions to traditional IRAs. Conversions from traditional , SEP, or SIMPLE...
by Uniballer
Tue Jul 02, 2019 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Tax basis for consigned violin
Replies: 9
Views: 1232

Re: Tax basis for consigned violin

Ciel wrote:
Tue Jul 02, 2019 12:34 am
For my tax basis, can I subtract the commission and cumulative repair costs?
I would assume that you would *add* the repair costs to your basis, and subtract the commission from the income received.
by Uniballer
Tue Jul 02, 2019 12:59 am
Forum: Personal Investments
Topic: Need help choosing bonds + mmkt for taxable (NYC)
Replies: 8
Views: 918

Re: Need help choosing bonds for taxable (New York)

All of VMMXX is taxable? I see it has some treasury bills The US government obligations make up less than 50% of the total (36.74% of assets and 28.23% of income in 2018) , so it is not exempt under NY state law. What about vmfxx? This appears to be partly exempt under NY state law (US government o...
by Uniballer
Sun Jun 30, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: anyone in the market for a lawn tractor?
Replies: 31
Views: 2148

Re: anyone in the market for a lawn tractor?

I need a mini skid steerer with a brush hog, I have 89 acres, and it is 95% wooded, a landscaping crew and a budget or income producing setup to pay for all of this would be very good, I'm still dreaming. :) I keep getting offers to buy my standing timber. How about you? That could provide some inc...
by Uniballer
Sun Jun 30, 2019 10:05 pm
Forum: Personal Investments
Topic: prime money market alternatives
Replies: 2
Views: 511

Re: prime money market alternatives

I make sure I am comparing after-tax yields. Treasury Money Market (VUSXX) is exempt from state and local taxes, so after taxes it yields more for me than Prime Money Market (VMMXX) or NY Muni Money Market (VYFXX). And the treasuries held by VUSXX are backed by the full faith and credit of the US gu...
by Uniballer
Sun Jun 30, 2019 9:18 pm
Forum: Personal Investments
Topic: Need help choosing bonds + mmkt for taxable (NYC)
Replies: 8
Views: 918

Re: Need help choosing bonds for taxable (New York)

Just want to point out that Vanguard Treasury Money Market (VUSXX) will probably yield more for you than VMMXX because it is exempt from state and local taxes. I don't know if you were planning to put the minimum of 50K in, though. In the 32% tax bracket, NY Muni Money Market (VYFXX) is yielding mor...
by Uniballer
Sat Jun 29, 2019 5:04 pm
Forum: Personal Consumer Issues
Topic: where do I make 2008 Honda CRV Keys
Replies: 12
Views: 993

Re: where do I make 2008 Honda CRV Keys

TheGreyingDuke wrote:
Sat Jun 29, 2019 12:30 pm
WD40 is not the product for balky locks, need some graphite material, i shave a pencil.
I recommend Lock-Ease graphited lock fluid. I find it at my local hardware store.
by Uniballer
Wed Jun 05, 2019 1:58 pm
Forum: Personal Investments
Topic: New Voyager Eligibility Status
Replies: 7
Views: 1016

Re: New Voyager Eligibility Status

Which of the meager benefits of being "Voyager Select" do you actually care about?
by Uniballer
Fri May 31, 2019 12:15 pm
Forum: Personal Investments
Topic: Timing the Market (for Roth Conversion)?
Replies: 14
Views: 1300

Re: Timing the Market (for Roth Conversion)?

If I get to harvest any tax losses this year then I plan to convert an equal amount (up to $3K) of tIRA to Roth (I am expecting to be in a lower bracket in two years so I am not planning to convert until then unless there are losses to "cover" the extra income).
by Uniballer
Thu May 30, 2019 4:12 pm
Forum: Personal Investments
Topic: Is VMFXX better than VMMXX now?
Replies: 28
Views: 3233

Re: Is VMFXX better than VMMXX now?

mariezzz wrote:
Thu May 30, 2019 3:51 pm
Does anyone know: is there a place that lists the historical 7-day yield?
Vanguard's Price History Search Tool shows the historical 7-day yield for Money Market Funds.
by Uniballer
Tue May 28, 2019 10:42 pm
Forum: Personal Investments
Topic: Which vanguard fund to move to taxable account?
Replies: 4
Views: 932

Re: Which vanguard fund to move to taxable account?

In 2018 only 72.71% of VSIAX dividends were qualified. No capital gains were distributed.

In 2018 only 69.13% of VSMAX dividends were qualified. No capital gains were distributed.

In 2018 100% of VVIAX dividends were qualified. No capital gains were distributed.
by Uniballer
Tue May 21, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Will Admiral Shares Expense Ratio match ETF in the future
Replies: 15
Views: 1020

Re: Will Admiral Shares Expense Ratio match ETF in the future

With a traditional mutual fund Vanguard has to provide both liquidity to sellers and holdings to make new shares for buyers every day. With an ETF Vanguard only has to continue to allow market makers to create and/or redeem shares as demand changes. I would guess that ETFs will be cheaper to manage ...
by Uniballer
Thu May 16, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: About to Adopt an Ausiedor. What Should I Expect?
Replies: 4
Views: 583

Re: About to Adopt an Ausiedor. What Should I Expect?

Evaluating a 1yo dog of any breed/mix is pretty close to "what you see is what you get". Unlike with a small puppy with a lot of development to go through.
by Uniballer
Sun May 05, 2019 5:58 pm
Forum: Personal Investments
Topic: Selling in MAY and ....... ?
Replies: 18
Views: 2145

Re: Selling in MAY and ....... ?

We'll know in December, won't we?
by Uniballer
Fri May 03, 2019 12:16 pm
Forum: Personal Investments
Topic: Riskfree 3.00% Yield?!
Replies: 33
Views: 6478

Re: Riskfree 3.00% Yield?!

Personally, I prefer to compare MMF interest rates using the after-tax yield. This is not hard for me because all of this interest is taxed as ordinary income. Using the compound yield is fine as long as you are consistent about it. For Vanguard Prime Money Market (VMMXX) in the 22% bracket, and abo...
by Uniballer
Fri Apr 19, 2019 10:03 am
Forum: Personal Investments
Topic: Limit on Roth Conversions per year with a Backdoor?
Replies: 15
Views: 781

Re: Limit on Roth Conversions per year with a Backdoor?

CorradoJr wrote:
Fri Apr 19, 2019 9:56 am
For some reason, I was under the impression I’d only be on the tax hook for any gains (cost basis) during the conversion - so the entire account balance of $60k would appear as normal income during tax time?
Yes, if it is all pre-tax money.
by Uniballer
Fri Apr 19, 2019 9:30 am
Forum: Personal Investments
Topic: Limit on Roth Conversions per year with a Backdoor?
Replies: 15
Views: 781

Re: Limit on Roth Conversions per year with a Backdoor?

There are no limits on conversions, but there may be tax implications. When you convert $60k from a traditional IRA to a Roth, you will have to pay tax on that amount. And that amount is included in your income, so it might be enough to move you up to a higher tax bracket. So you have to balance how...
by Uniballer
Thu Apr 18, 2019 7:25 am
Forum: Personal Investments
Topic: Updating Outside Investments on Web Site
Replies: 13
Views: 756

Re: Updating Outside Investments on Web Site

What is Vanguard supposed to do? If they're using an outside service, they're at its mercy, both to fix the substantive problem and to estimate how long a fix will take. They are not going to be able to bring it in-house or find another service overnight. It's hard to estimate how long it will take...
by Uniballer
Tue Apr 09, 2019 4:19 pm
Forum: Personal Investments
Topic: When to sell a Dud
Replies: 18
Views: 1353

Re: When to sell a Dud

Tool-Time wrote:
Tue Apr 09, 2019 4:06 pm
What about the 30 day wash rule?
He didn't mean buy the same failing company stock. He meant buy more of the low-cost no-load broad-market stock index mutual fund or ETF you are already holding (or should be holding).
by Uniballer
Sun Mar 31, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Finish backyard before selling?
Replies: 25
Views: 2122

Re: Finish backyard before selling?

unclescrooge wrote:
Sun Mar 31, 2019 6:00 pm
My buddy did his yard a year before selling. It sold first week in the market for just over asking.

He spent $15k in a $600k starter home.
In my experience, a quick sale means that the asking price was just about right for the market and the perceived value of the property.
by Uniballer
Fri Mar 29, 2019 9:04 am
Forum: Personal Investments
Topic: Help save my father from another annuity
Replies: 20
Views: 1688

Re: Help save my father from another annuity

I am also in the "surrender" camp, but make sure you understand the cost basis in these annuities before you just surrender them outright. If your Dad has had them, or preceding annuities, long enough to get substantial growth he could be looking at a big tax bill (all of the growth will be taxable ...
by Uniballer
Sun Mar 24, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Lock Strategy for New House
Replies: 40
Views: 3157

Re: Lock Strategy for New House

Think twice about putting a lock on your exterior garage man door that you can't unlock from the outside. Consider how much easier it is to enter through that door when you arrive home to a house with no power and want to get the car and your family out of the bad weather. It doesn't matter where yo...
by Uniballer
Wed Mar 20, 2019 3:10 pm
Forum: Personal Investments
Topic: Weed stocks?
Replies: 36
Views: 2651

Re: Weed stocks?

I expect to be invested in "Weed Stocks" when marijuana becomes legal nationwide, and the stocks are included in the Vanguard Total Stock Market Index Fund. I have no idea if/when that will happen.
by Uniballer
Thu Mar 14, 2019 7:34 am
Forum: Personal Consumer Issues
Topic: Teen got into auto accident, fight ticket or pay fine?
Replies: 79
Views: 4826

Re: Teen got into auto accident, fight ticket or pay fine?

I had a few tickets at that age (speeding, running a red light). Charges were reduced because I went to the local driving school approved by the court for classroom instruction for a month of Saturday mornings.
by Uniballer
Sun Mar 10, 2019 4:29 pm
Forum: Personal Investments
Topic: What do you think about GNMA Funds?
Replies: 8
Views: 1268

Re: What do you think about GNMA Funds?

Ginnie-Maes will most likely incur state income tax. I thought they were not backed by the "full faith and credit of the United States", but apparently they are.
by Uniballer
Sat Mar 09, 2019 4:37 pm
Forum: Personal Investments
Topic: What to do with an annuity?
Replies: 16
Views: 978

Re: What to do with an annuity?

Is there a tax consequence to number 2? There will be taxes if you surrender the annuity. It sure looks like the annuity has a surrender value of $53,796.08 but a cost basis of only $36,498.37, so that would generate taxes on the $17297.71 of ordinary income. I would suppose a 1035 to a Vanguard an...
by Uniballer
Sat Mar 09, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Who Can I Hire to Evaluate Heating Situation in my Home?
Replies: 34
Views: 2450

Re: Who Can I Hire to Evaluate Heating Situation in my Home?

pshonore wrote:
Fri Mar 08, 2019 6:50 pm
All questions a good burner tech could figure out in 15 minutes on site.
Of course, but as we say around here, "By the time you know enough to tell if you have a good one, you really don't need one."
by Uniballer
Fri Mar 08, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Who Can I Hire to Evaluate Heating Situation in my Home?
Replies: 34
Views: 2450

Re: Who Can I Hire to Evaluate Heating Situation in my Home?

As described: OP has multiple zones; one zone never reaches target temperature. There are two possibilities and only two. (1) thermostat is not working properly or (2) the heat delivered to the cold zone is not enough compared to the heat loss. If you have eliminated (1) then OP can increase the he...
by Uniballer
Mon Mar 04, 2019 3:46 pm
Forum: Personal Investments
Topic: Transfer Mutual Fund to Vanguard?
Replies: 6
Views: 579

Re: Transfer Mutual Fund to Vanguard?

I can't think of any downsides to this move, assuming that it is a mutual fund that Vanguard will accept in-kind (almost, but not all). Call Vanguard to ask and they can help you get things started.
by Uniballer
Mon Mar 04, 2019 3:42 pm
Forum: Investing - Theory, News & General
Topic: When does actual Vanguard transaction take place?
Replies: 9
Views: 766

Re: When does actual Vanguard transaction take place?

If you execute the trade before the 4pm eastern, Vanguard will give you that day's price, even if you're pulling the money from an external bank account. Yes, if your goal is to perform a mutual fund transaction then do it directly with your bank funds. If you want to buy an ETF then you need to ge...