Search found 281 matches

by Uniballer
Sat Jun 13, 2020 1:04 pm
Forum: Personal Consumer Issues
Topic: Calling all Electricians/ Microwave Engineers
Replies: 30
Views: 2249

Re: Calling all Electricians/ Microwave Engineers

Sounds like you are looking for service connection/load center/breaker/cable failures. Unless you know a lot and have a lot of test equipment you will be hiring an electrician to help figure this out. A poor neutral connection at the transformer, service entrance or load center seems a likely cause ...
by Uniballer
Fri May 29, 2020 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Is investing in NYC condo even a good investment???
Replies: 12
Views: 1049

Re: Is investing in NYC condo even a good investment???

Considering that the land around the building you are looking at could be under water by the time you finish the 30 year mortgage, I would say no.

To say nothing of the fact that it sounds like you will be underwater on cash every month.
by Uniballer
Fri May 29, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: Stop-Loss vs. Stop-Limit Order - Advice Needed
Replies: 6
Views: 329

Re: Stop-Loss vs. Stop-Limit Order

As you seem to understand, stop and stop-limit orders are not a panacea.

Perhaps you should consider selling your position now, if you are concerned that it is not really worth holding...
by Uniballer
Wed May 20, 2020 5:13 am
Forum: Personal Consumer Issues
Topic: Vault Safe in the attic; welded, anyone ?
Replies: 78
Views: 4137

Re: Vault Safe in the attic; welded, anyone ?

What makes you think that the safe's fireproof properties and metal hardness will survive welding? And that the alloy the safe is made from is easily welded?

Also, just pointing out that a cheap cordless angle grinder with a cutoff wheel will go through steel in seconds.
by Uniballer
Thu May 14, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: Strange Ethernet Issue
Replies: 29
Views: 1604

Re: Strange Ethernet Issue

T568 A or B does not matter, but according to the standard the whole building is supposed to be done the same way. That is why an installer should ask which pinout to use. The federal government installation specs require T568A. Is the LR drop wired using the same cable and connectors as the other e...
by Uniballer
Mon May 11, 2020 8:36 pm
Forum: Personal Consumer Issues
Topic: Need advice on replacing boiler pressure relief valve
Replies: 7
Views: 422

Re: Need advice on replacing boiler pressure relief valve

You must understand how the system is supposed to work and what is wrong before you start replacing parts. As others have mentioned, problems with other components can cause the pressure relief valve to relieve pressure (AKA leak).

Is there a pressure gauge anywhere? What pressure does it indicate?
by Uniballer
Mon May 04, 2020 10:41 am
Forum: Personal Consumer Issues
Topic: Toilet lid suddenly popped up?
Replies: 30
Views: 3602

Re: Toilet lid suddenly popped up?

Thanks for the insight, I will have a plumbing company come soon. Is a few days/week ok, or should I expect it to happen again sooner? I don't really use this toilet frequently, and can easily not use it anymore until fixes. I did notice a slow drip (1 drip at a time) happening where the knob is on...
by Uniballer
Fri May 01, 2020 12:35 pm
Forum: Personal Consumer Issues
Topic: 20 AMP Plugs
Replies: 31
Views: 2111

Re: 20 AMP Plugs

If the box housing the receptacle is metal, there is a chance the box is already grounded to begin with. Would need a multimeter to confirm (make contact with hot wire and box to see if it reads 120v) If so you can attach a pigtail ground wire between the receptacle ground and the box (good chance ...
by Uniballer
Fri May 01, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Right Time to 1035 Exchange?
Replies: 7
Views: 406

Re: Right Time to 1035 Exchange?

So maybe I'm not understanding this right...

If you are in the hole, then why bother with a 1035 exchange? AFAIK if there are no gains on your WL policy then cashing it out will not generate any taxes. So why not just cash it out and invest it in a low-cost tax-efficient way going forward?
by Uniballer
Thu Mar 19, 2020 12:03 pm
Forum: Personal Investments
Topic: Best bet to protect Principal in 401K
Replies: 3
Views: 391

Re: Best way to protect my principal in 401K

At one time I had a 401K with a stable value fund guaranteed never to yield less than 3% after expenses. That sounds pretty good now.

What are the parameters of your stable value fund?
by Uniballer
Wed Mar 18, 2020 11:32 am
Forum: Personal Investments
Topic: Sitting on 1.2M. What to do...?
Replies: 24
Views: 3787

Re: Sitting on 1.2M. What to do...?

What are your tax implications going to be? I'm sure you will owe some $$$ via capital gains. Ten percent of 1.2m is 120k in taxes, ouch!!! He said he sold in his 401K and IRA, so there are no tax implications. Gotcha, that's interesting. I knew you could change your portfolio around in the IRA and...
by Uniballer
Wed Mar 18, 2020 11:27 am
Forum: Personal Investments
Topic: What actively managed funds to put in taxable?
Replies: 7
Views: 406

Re: What actively managed funds to put in taxable?

But in last 20 years Dodge & Cox Stock (DODGX) has done better than the S&P 500. Dodge & Cox Stock Fund (DODGX) And long term Dodge & Cox Stock (DODGX) has done much better than Vanguard 500 Index Fund Investor Shares (VFINX). That is all true. But can DODGX still outperform? I don't think anybody ...
by Uniballer
Wed Mar 18, 2020 11:19 am
Forum: Personal Investments
Topic: Sitting on 1.2M. What to do...?
Replies: 24
Views: 3787

Re: Sitting on 1.2M. What to do...?

Flextruck wrote:
Wed Mar 18, 2020 11:15 am
What are your tax implications going to be? I'm sure you will owe some $$$ via capital gains. Ten percent of 1.2m is 120k in taxes, ouch!!!
He said he sold in his 401K and IRA, so there are no tax implications.
by Uniballer
Wed Mar 18, 2020 10:51 am
Forum: Personal Investments
Topic: What actively managed funds to put in taxable?
Replies: 7
Views: 406

Re: What actively managed funds to put in taxable?

I don't think there is such a list. Why do you feel you need active management? I haven't found a fund I would actually recommend. For example, the Dodge & Cox Stock Fund (DODGX) has a 0.52% expense ratio, is 82% active, turned over 17% in 2019, and in 2019 distributed $3.650 per share as income, $0...
by Uniballer
Sun Mar 15, 2020 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How much should I convert to Roth given QCDs?
Replies: 14
Views: 564

Re: How much should I convert to Roth given QCDs?

For you, converting it all at 12% would clearly be leaving money on the table. Will your QCDs still cover your whole RMDs when you are 80 or 90? Your strategy on conversions will probably differ if you plan on needing IRA funds for living expenses, giving all of your remaining IRA funds to charity w...
by Uniballer
Sun Mar 15, 2020 6:41 am
Forum: Investing - Theory, News & General
Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
Replies: 158
Views: 14405

Re: So.... is this really "it"? Is this what we needed to mentally prepare for?

JustinR wrote:
Sun Mar 15, 2020 5:09 am
Did I miss the memo that this downturn is over?
No. You're just missing the hubris.
by Uniballer
Thu Mar 12, 2020 3:52 pm
Forum: Personal Investments
Topic: What does your Crystal Ball say?
Replies: 96
Views: 4840

Re: What does your Crystal Ball say?

Mine says, "Battery Low". It is totally transparent and there is no obvious battery or access door. What do I do now?
by Uniballer
Fri Mar 06, 2020 12:20 pm
Forum: Personal Investments
Topic: Parents retiring with $500k saved - Things look OK?
Replies: 83
Views: 10002

Re: Parents retiring with $500k saved - Things look OK?

What state do they reside in? Might matter for estate planning, etc.
by Uniballer
Thu Mar 05, 2020 11:20 am
Forum: Personal Investments
Topic: Convert to Admiral shares?
Replies: 5
Views: 453

Re: Convert to Admiral shares?

If you are holding your shares at Vanguard then you can convert to Admiral shares without a taxable event. Otherwise you are probably out of luck, but it might be worthwhile to check through your brokerage, just to be sure.
by Uniballer
Tue Mar 03, 2020 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: What % of total assets do YOU have in DAF?
Replies: 13
Views: 920

Re: What % of total assets do YOU have in DFA?

Perhaps you mean a "Donor Advised Fund" (DAF)?
by Uniballer
Wed Feb 26, 2020 8:10 am
Forum: Personal Consumer Issues
Topic: Photochromic Transitions glasses
Replies: 14
Views: 1244

Re: Photochromic Transitions glasses

Temperature matters with Transitions. When the glasses are cold they take much longer to change. The worst case I have experienced is coming inside from a cold but bright snow-covered landscape.
by Uniballer
Wed Feb 26, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: Help With Insulation Savings Calculator
Replies: 9
Views: 536

Re: Help With Insulation Savings Calculator

The electric rates you quoted seem stunningly low. Does that include service delivery charges as well as supply charges (in my area they are broken out separately, maybe even on different bills depending on supplier)?
by Uniballer
Tue Feb 25, 2020 5:15 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3987
Views: 303067

Re: Coronavirus and the bear market

Nobody knows. Any of those scenarios could happen. We know the market will experience a full-blown crash someday, too, but nobody knows when.
by Uniballer
Mon Feb 24, 2020 2:09 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13595

Re: Do you ever use cash?

I try to carry enough cash to buy a meal and a tank of gas, but I rarely use any. During the Northeast Blackout of 2003 my local gas station was on backup power, but they had no way to process credit card transactions. The guy at the next pump asked me, "How did you get the pump to turn on?" I said,...
by Uniballer
Thu Feb 20, 2020 3:39 pm
Forum: Personal Investments
Topic: Ginnie Mae bond fund a good bond investment
Replies: 4
Views: 449

Re: Ginnie Mae bond fund a good bond investment

Your question is vague. It is hard to know what information would factor into your decision. Vanguard GNMA Fund Admiral Shares (VFIJX) has been trailing the BloomBarc US Aggregate Bond Index for a while now, whereas Total Bond tracking error is much smaller. Current yield is about 40 bps higher, tho...
by Uniballer
Wed Feb 19, 2020 5:00 pm
Forum: Personal Investments
Topic: Bond funds investment for short term
Replies: 5
Views: 445

Re: Bond funds investment for short term

Interest rate changes generally affect the value and price of existing bonds. Bond funds are also affected by this effect. If interest rates increase, and bond values fall as a result, then you should expect a bond fund with short average duration to recover more quickly than a bond fund with longer...
by Uniballer
Wed Feb 19, 2020 6:13 am
Forum: Personal Finance (Not Investing)
Topic: How Do You View Mortgage Debt?
Replies: 19
Views: 1704

Re: Best Way to View Mortgage Debt?

I keep thinking that if we sold the home at any point, we would pay off the mortgage, and I would be back to my normal net worth, or much higher, depending on how much profit could be had (bank appraisal still pending, however, we are located in a very lucrative town, so we are expecting the house ...
by Uniballer
Sun Feb 16, 2020 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3331

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

I don't think I would put 40K towards a 2.41% loan if I had a 3.99% mortgage (unless your closing terms on the student loan refinance requires it).
by Uniballer
Tue Feb 11, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: What's One Year of Duration Worth?
Replies: 7
Views: 919

Re: What's One Year of Duration Worth?

Larry Swedroe's bond book suggests you should be getting 20 basis points per year over short term bonds (1-2 years). Otherwise it isn't worth the additional risk.
by Uniballer
Mon Feb 10, 2020 8:55 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 20227

Re: What is your most luxury/expensive hobby.

I don't play this game, but my brother is into serial marriage. He is on his third wife and has two kids with her. Think about how expensive that hobby could get.
by Uniballer
Sun Feb 09, 2020 7:38 pm
Forum: Personal Investments
Topic: Help with Rollover IRA and pro-rata rule generated basis
Replies: 4
Views: 261

Re: Help with Rollover IRA and pro-rata rule generated basis

The simplest option, if you are sure that you can move the pre-tax money to your 401K, is to convert the basis to Roth right away, and then complete moving everything left (the pre-tax money) before the end of the year. If you miss the end of year deadline you will be in pro-rata hell again.
by Uniballer
Sun Feb 09, 2020 7:25 pm
Forum: Personal Investments
Topic: Taxable account at Fidelity, share disposal method, more options than I expected. What to choose?
Replies: 5
Views: 399

Re: Taxable account at Fidelity, share disposal method, more options than I expected. What to choose?

If you are retired and selling shares for income and want to pay the least taxes then you probably want "High-Cost Long-Term" or maybe "Tax-Sensitive".

If you are in a low tax bracket (e.g. 0% on LTCG) and tax gain harvesting you probably want "Low-Cost Long-Term".
by Uniballer
Wed Feb 05, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Those Who Want to Work Past 70
Replies: 25
Views: 2493

Re: Those Who Want to Work Past 70

My father is still working part-time at 80.5, at the business he used to own. - still has earned income, and contributes to his own and my mother's Roth IRAs. - is receiving yearly payments on the shares his old C-corp bought back from him. Mostly capital gains now. 5 more years of payments. - is ge...
by Uniballer
Sun Feb 02, 2020 8:00 pm
Forum: Personal Investments
Topic: Helping sister with IRA transfer/conversion
Replies: 31
Views: 1241

Re: Helping sister with IRA transfer/conversion

1. Determine the basis (money that has had tax paid) of all traditional IRAs. 2. Make sure the basis is documented on IRS forms 8606. With those steps done you and the IRS will know how much of the tIRAs has not yet been taxed. This will include whatever growth has been received. If the untaxed port...
by Uniballer
Fri Jan 31, 2020 9:01 am
Forum: Personal Consumer Issues
Topic: new toilet and old plumbing
Replies: 18
Views: 1388

Re: new toilet and old plumbing

What kind of DWV (drain, waste, vent) plumbing is in your house? I suspect that PVC will age better than galvanized or cast iron, especially on low-slope (wet) runs.
by Uniballer
Wed Jan 29, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: When to Replace Roof vs. Repair?
Replies: 41
Views: 3059

Re: When to Replace Roof vs. Repair?

I had some shingles break during a wind storm a few years ago. I had some matching shingles and went up to make repairs but it soon became obvious that most of the shingles had no resiliency left (i.e. they were too brittle). I finished my repairs and started getting quotes to tear off and replace t...
by Uniballer
Sun Jan 26, 2020 7:31 pm
Forum: Personal Investments
Topic: optimizing Roth vs Regular IRA
Replies: 10
Views: 1057

Re: optimizing Roth vs Regular IRA

Without some specifics (your expenses? are you retired yet? On medicare? how big are the tIRA and Roth? other income?) how could we form an opinion?
by Uniballer
Thu Jan 23, 2020 5:31 pm
Forum: Personal Investments
Topic: Helping mom ditch her advisor
Replies: 14
Views: 1347

Re: Helping mom ditch her advisor

Suggest you get cost basis for everything, then move it all to Fidelity, Schwab or Vanguard, then decide what to change based on your Mom's financial/tax position. If the "advisor" has been churning the account then the gains might not be large. Bond funds in particular grow mainly by dividends whic...
by Uniballer
Wed Jan 22, 2020 5:26 pm
Forum: Personal Investments
Topic: How bad are these funds?
Replies: 9
Views: 868

Re: How bad are these funds?

What are the current unrealized capital gains? They might be smaller than you would imagine. My parents held Franklin Income Fund (FKINX) for many years until they sold it at a loss after moving to Vanguard.
by Uniballer
Mon Jan 20, 2020 5:09 pm
Forum: Personal Investments
Topic: Roth conversions to reduce future RMD's
Replies: 31
Views: 3031

Re: Roth conversions to reduce future RMD's

I don't have the answers for you, but I know that the folks who do will want some clarifications: - Is your entire income the 33,000 from SS and 20,000 from tIRA distributions? - Are you both on Medicare? - Are you Married Filing Jointly and taking the standard deduction? - What state do you live/pa...
by Uniballer
Thu Jan 16, 2020 1:18 pm
Forum: Personal Investments
Topic: Most Reliable Insurance Company (SPIA for Retirement)
Replies: 20
Views: 1582

Re: Most Reliable Insurance Company (SPIA for Retirement)

California only insures $250,000 annuities total from ALL of your companies. So you could own $250K in New York Life and $250K in Mass Mutual. But you are only insured for $250,000 total. OK, but if only one of them melts down then you will be better off than having just one SPIA with the one that ...
by Uniballer
Wed Jan 15, 2020 12:47 pm
Forum: Personal Investments
Topic: Historical Contributions to Roth
Replies: 18
Views: 1008

Re: Historical Contributions to Roth

Your cost basis is not likely to be the same as your contributions, at least partly because of reinvested dividends. These get added to the cost basis for a fund but they are clearly not contributions.
by Uniballer
Sun Jan 12, 2020 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Few dollars remainder in TIRA due to backdoor roth
Replies: 54
Views: 2369

Re: Few dollars remainder in TIRA due to backdoor roth

You can convert that money to your Roth and pay tax on it. Only the actual contribution to the TIRA is limited; you can convert your contributions plus growth at any time. If there is a conversion minimum then just make sure you convert it next year. The tiny amount left in the TIRA will not have mu...
by Uniballer
Sat Jan 11, 2020 12:03 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 726
Views: 38771

Re: What are you listening to now

I listened to Limelight when I heard that Neil Peart died (drummer and lyricist of Rush).

Valentina Lisitsa's version of the Bach Sicilienne and one of those Chopin Nocturnes mentioned above
by Uniballer
Thu Jan 09, 2020 9:07 am
Forum: Personal Investments
Topic: Evaluating Active Mutual Funds
Replies: 18
Views: 913

Re: Evaluating Active Mutual Funds

On holdings - many years ago my parents were talked into buying an HSBC mutual fund. By the time I was looking at their investments the biggest holding in it was the Vanguard S&P 500 fund. I would have been fine with that except for the ridiculous markup on expenses. Obviously meant to make HSBC mon...
by Uniballer
Mon Jan 06, 2020 8:55 am
Forum: Personal Investments
Topic: deleted
Replies: 3
Views: 445

Re: EJ Starting Improper Liquidation

Do you think it is worth filing a FINRA complaint?
by Uniballer
Sat Jan 04, 2020 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: is QCD like a DAF (but better) ?
Replies: 53
Views: 2525

Re: is QCD like a DAF (but better) ?

It can potential have some extra tax benefits. For example, by lowering one's AGI they may have less of their SS taxed, or they may pay less for medicare, or the may have more of their capital gains taxed at 0%. Taking a QCD does not lower your AGI below what it would be if you did not take a distr...
by Uniballer
Fri Jan 03, 2020 8:13 pm
Forum: Personal Investments
Topic: Investing as non-married individuals
Replies: 16
Views: 1402

Re: Investing as non-married individuals

The IRS says that if you are married on Dec 31 then you were married for the whole tax year.
by Uniballer
Fri Jan 03, 2020 4:34 pm
Forum: Personal Investments
Topic: SECURE act and inherited Roths
Replies: 4
Views: 694

Re: SECURE act and inherited Roths

The SECURE act is in force now. The provisions eliminating RMDs and requiring complete distribution within 10 years are not retroactive to beneficiaries of account holders who died before January 1st 2020.