Search found 236 matches

by skor99
Sun May 17, 2020 10:57 am
Forum: Investing - Theory, News & General
Topic: Fidelity significantly below average scenario
Replies: 7
Views: 1068

Re: Fidelity significantly below average scenario

rgs92 wrote:
Sun May 17, 2020 10:39 am
I think the OP may be referring to the Fidelity retirement planning tool (similar to Firecalc or Vanguard's tool).
Correct. The link above details their methodology
by skor99
Sun May 17, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Fidelity significantly below average scenario
Replies: 7
Views: 1068

Fidelity significantly below average scenario

Is the Fidelity significantly below average scenario enough to model for the troubled times we are having currently ? Also considering that the going forward returns are also expected to be lower than average. Significantly below average means If your assets are able to cover your planned expenses w...
by skor99
Sun May 10, 2020 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Medicare viability and planning for potential reduced benefits
Replies: 8
Views: 965

Social Security Medicare viability and planning for potential reduced benefits

SS and Medicare were already in dire straits and with the current situation , it might be even more in trouble. For a typical 45-50 year old, what is the likelihood that these programs will be available ? What are folks doing to mitigate any shortfalls or even complete closure of either of these ? T...
by skor99
Sun May 03, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus payment tax filing question
Replies: 2
Views: 293

Stimulus payment tax filing question

Is it better to wait to file 2019 taxes if 2019 AGI is higher than 2018 AGI as The stimulus payment will be based on the latest return. Will the IRS later look at 2019 AGI and take back some of the amount on 2020 filing ?
by skor99
Fri Apr 24, 2020 11:28 am
Forum: Personal Finance (Not Investing)
Topic: IRS get my payment quirk
Replies: 1
Views: 259

IRS get my payment quirk

I have been trying to verify my stimulus payment details but have been getting the same cannot verify message and try back in 24 hours. My wife was getting the same message till yesterday but when she tried today she got through and was asked to verify her AGI and refund and enter her bank informati...
by skor99
Sat Apr 11, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: car maintenance in these times
Replies: 16
Views: 1588

car maintenance in these times

What are folks doing to maintain their cars ? For the past 3 weeks we have driven our 3 cars only one time each. I think the gasoline in the car does not have an unlimited shelf life and starts to go bad and may cause issues with the car Is it prudent to just let the car idle in the driveway for an ...
by skor99
Fri Apr 10, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32135

Dead Cat Bounce ?

Or is the cat using one of its nine lives ? Amid all the talk about a severe recession maybe worse than 2009 ( maybe even a depression ) and the horrific unemployment numbers , the market seems to be ignoring all that. Last I checked there is still not a cure or vaccine and the Covid cases are still...
by skor99
Mon Mar 30, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: Is Kostohryz right?
Replies: 30
Views: 2314

Another massive decline is coming - Sounds logical or ‘nobody knows nothing’ ?

[Merged here. The topic remains locked. -- moderator oldcomputerguy]

https://seekingalpha.com/amp/article/43 ... -is-coming
by skor99
Fri Mar 27, 2020 10:22 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6421

Re: CARE Act Overview

What if the income in 2018 is low enough to qualify for the payment , but 2019 income is higher to reduce or not qualify at all ? If the 2019 return is not filed then it will be based on 2018 income , but will it be taken back with the 2020 tax return ?
by skor99
Wed Mar 18, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: How many are regretting not investing in real estate
Replies: 55
Views: 5232

How many are regretting not investing in real estate

With the current market conditions, how many of the Bogle heads are regretting not investing in rental real estate ? Property prices do not seem to be affected by the downturn, but the closest proxy to real estate in the stock market (REITs ) are down big time. Thoughts ?
by skor99
Tue Mar 17, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Trillion dollar stimulus - effects on the economy and stocks
Replies: 6
Views: 662

Trillion dollar stimulus - effects on the economy and stocks

It might help kick start the economy but will also explode the debt. The markets rose today but in effect the govt is printing a trillion dollars and sending it to people. Wouldn’t this cause a massive rise in inflation ? What other effects would all these steps have ? Anything good coming out of it...
by skor99
Fri Feb 28, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: Physical real estate vs other investments in coronoviruas times
Replies: 1
Views: 234

Physical real estate vs other investments in coronoviruas times

With All the carnage in the stock market in the past few days I was wondering if and how physical real estate will hold up against the downturn as compared to stocks and REITS VNQ is not holding up well at all ( down to 86 from 100) but will physical real estate also go down if the stock market keep...
by skor99
Mon Feb 24, 2020 11:38 pm
Forum: Personal Investments
Topic: Timing for catchup contributions
Replies: 1
Views: 224

Timing for catchup contributions

When is a person eligible for making the extra $6K in 401k and the extra 1K in IRAs? Is it only after they actually turn 50 or anytime in the calendar year they turn 50 ?
by skor99
Thu Oct 10, 2019 6:47 am
Forum: Personal Investments
Topic: Fidelity Full View?
Replies: 48
Views: 9500

Re: Fidelity Full View?

Isn’t it a security risk to enter all other external account userids and passwords in one place ?
by skor99
Sun Sep 22, 2019 8:49 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27968

Re: IT compensation comparison

The numbers in the article seem very low, but I'm not familiar with the compensation tiers at Microsoft. You could get 250k offers from many Bay Area companies, expect FANG to be quite a bit higher than that. Base salary might cap out near 200k, but can go much higher with RSU. With FANG your compe...
by skor99
Thu Sep 19, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27968

Re: IT compensation comparison

Thanks all! These are the kind of responses I was looking for (Klangfool , please read :-) ) . Makes sense when the distinction is made between highly qualified software engineers creating new applications and even new technologies from scratch VS somebody maintaining an existing application or syst...
by skor99
Thu Sep 19, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27968

Re: IT compensation comparison

https://insights.dice.com/2019/09/16/microsoft-software-engineers-reveal-salaries/ The link above gives an idea of the average compensation of a typical microsoft employee with 3 years of tenure. It shows total compensation of around 180K including stock and bonuses but not including benefits. Is t...
by skor99
Thu Sep 19, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27968

IT compensation comparison

https://insights.dice.com/2019/09/16/microsoft-software-engineers-reveal-salaries/ The link above gives an idea of the average compensation of a typical microsoft employee with 3 years of tenure. It shows total compensation of around 180K including stock and bonuses but not including benefits. Is th...
by skor99
Fri Aug 30, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Adjust ACA contribution or include in taxes
Replies: 0
Views: 445

Adjust ACA contribution or include in taxes

I have a s-corp and get my individual ACA policy. I had anticipated my income to be lower than the ACA threshold and therefore am paying discounted ( subsidized) premiums. It appears that the family income will exceed the ACA income limit ( after accounting for all possible deductions in the MAGI ) ...
by skor99
Mon Aug 19, 2019 7:52 pm
Forum: Investing - Theory, News & General
Topic: Major CEOs say shareholder value is no longer their main objective
Replies: 11
Views: 1442

Major CEOs say shareholder value is no longer their main objective

https://www.cnbc.com/2019/08/19/the-ceos-of-nearly-two-hundred-companies-say-shareholder-value-is-no-longer-their-main-objective.html Maybe nothing in the short term, but what could be the medium to longterm effects of such a move ? Reduced focus on shareholders could mean reduced return on equities...
by skor99
Sat Aug 17, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Taking a break in your 50s: Is it the kiss of death?
Replies: 86
Views: 9263

Re: Taking a break in your 50s: Is it the kiss of death?

I’m 40 with six kids and we are doing a family gap year next year. I’m leaving my job and my wife will continue to run her business which should support us ok. Lots of risk to it as I’m a tech executive but the time with my kids at their current age is more important. I also cut back to 40 hours a ...
by skor99
Tue Aug 13, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: House purchase (cash)... wire transfer or cashier's check?
Replies: 32
Views: 3422

Re: House purchase (cash)... wire transfer or cashier's check?

Maybe just do a wire with a small amount as a test with the provided instructions and then wire the rest after verifying the small amount was received. I do the same while setting up new payees for my online banking billpay.
by skor99
Wed Jun 26, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68419

Re: Losing a job in your 50's...

Closing in on to 50 , so a very useful thread with very good information. In case of longer term unemployment for people over 50, and no ( or limited )second income , wouldn’t it be pertinent to keep track and use the assistance provided by the government, local , state and federal. For example, wou...
by skor99
Thu Jun 20, 2019 8:48 am
Forum: Investing - Theory, News & General
Topic: Why isn’t stock market lower today ?
Replies: 14
Views: 1507

Re: Why isn’t stock market lower today ?

I agree with the IPS principle. My point was that I thought the drone news was a big deal about another potential flare up in the middle east, but apparently it isn’t
by skor99
Thu Jun 20, 2019 8:37 am
Forum: Investing - Theory, News & General
Topic: Why isn’t stock market lower today ?
Replies: 14
Views: 1507

Re: Why isn’t stock market lower today ?

Is it the irrational exuberance of the potential rate cuts maybe ?
by skor99
Thu Jun 20, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: Why isn’t stock market lower today ?
Replies: 14
Views: 1507

Why isn’t stock market lower today ?

There is news that a drone was shot down in the middle east. Common sense would indicate that the markets would go down with such news with an escalation in a volatile situation. Why are they still going up ?
by skor99
Fri Jun 07, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Market up because of rate cut expectation - why ?
Replies: 21
Views: 3129

Re: Market up because of rate cut expectation - why ?

But lower rates are coming in just because there is a probability of a slow down or recession . How is that positive for stocks ?
by skor99
Fri Jun 07, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: Market up because of rate cut expectation - why ?
Replies: 21
Views: 3129

Market up because of rate cut expectation - why ?

Never understood why markets go up because of rate cuts which means the economy is slowing down and maybe a recession is likely . False positive ?
by skor99
Wed Jun 05, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: 2.4 MM net worth to be considered rich ?
Replies: 9
Views: 1898

2.4 MM net worth to be considered rich ?

Per the article in the link below, 2.4MM is the magic number to be considered rich and 1.4MM to be affluent. Problem is even though I am approaching that level and hope to be there in the next couple of years, I don’t even consider myself affluent, let alone nearing rich. With the college costs and ...
by skor99
Thu May 16, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8070

Re: Dividends almost Doubled between 2013 and now

To me, regular dividends force a company to keep performing well, which buybacks do not. As some have already mentioned that companies are loathe to cut dividends and the big name dividend aristocrats actually take pride in increasing dividends every year. Buybacks can be decreased anytime without a...
by skor99
Wed May 15, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8070

Re: Dividends almost Doubled between 2013 and now

Maybe if there were strict standards on how buy backs should be used to benefit the stockholders instead of primarily benefitting the high executives , then buybacks might be better. Is there any analysis available on how buybacks have affected the stock price positively? So instead of getting a 3% ...
by skor99
Tue May 14, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8070

Re: Dividends almost Doubled between 2013 and now

The boglehead way is to not invest in individual stocks in most part. So you do not have a choice of not buying a particular stock if it is part of SPY or any other S&P 500 tracking fund. I was reading somewhere today of how a lot of companies misuse buybacks to reward their CEOs extravagantly and w...
by skor99
Tue May 14, 2019 9:30 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8070

Dividends almost Doubled between 2013 and now

I am seeing a faster growth of rate of dividends than inflation in my portfolio. My investments may have Increased by 25% with my new contributions, so that may explain a portion of the growth. Another may be the good economy which has made companies increase their dividend rates. But that still doe...
by skor99
Sun Apr 07, 2019 9:18 am
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 8880

Re: Hit your number, retire and boom a correction?

There are no very good answers to this. The bedrock reality is that the stock market is risky. You either take the risk, or you don't. What people tend to do is flail around looking for a way that they can get the return of the stock market without really taking the risk. There are innumerable ways...
by skor99
Sun Apr 07, 2019 8:40 am
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 8880

Re: Hit your number, retire and boom a correction?

There are no very good answers to this. The bedrock reality is that the stock market is risky. You either take the risk, or you don't. What people tend to do is flail around looking for a way that they can get the return of the stock market without really taking the risk. There are innumerable ways...
by skor99
Thu Feb 28, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: S&p total shares outstanding
Replies: 3
Views: 589

S&p total shares outstanding

See the link below, which shows the total s&p shares ourstanding by year. It appears that the number has been going down for almost a decade now. Does that by itself ( ignoring other factors) mean that the s&p will keep going up in value if other factors are constant ? Or is there some other nuance ...
by skor99
Wed Feb 20, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

Gross income is around $115k. Most of this is earned income except maybe $2k or so in interest. Married filing jointly with one child. We have over $50k in above-line deductions (mostly for retirement but also for things like FSA accounts and dental insurance premiums). After taking the standard de...
by skor99
Wed Feb 20, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

Mention any of those special tax breaks and credits so that people understand why the effective tax rate is low with respect to the gross. This will also allow for others to check if any of those credits apply to them
by skor99
Wed Feb 20, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

Only include the one paid directly. Also include FICA employer portion if self employed. The whole point is to get an approximation, so no need to include he hidden taxes like gas tax etc
by skor99
Tue Feb 19, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

bigred77 wrote:
Tue Feb 19, 2019 6:59 pm
(income taxes + property tax + FICA + estimated sales tax) / Gross Compensation = 21% (roughly).

Would be a lot lower if I rented a house instead of owned.
Would you also share your approximate gross income, if you don’t mind ?
by skor99
Tue Feb 19, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

To get a rough understanding of how much you are paying as a % of your income towards the services you are getting. Also to make sure you are not missing any big deductions if you see a much lower effective rate for somebody with similar gross income I understand this is not a Perfect exercise, But ...
by skor99
Tue Feb 19, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

it is deductible and reduces the income tax by thousands. so can a mortgage, or a very large charitable donation, or a large tax credit ...... Understand that and so include everything that affected your rate and provide an explanation. So the formula is (Total tax + medical insurance if self emplo...
by skor99
Tue Feb 19, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

I think you will need to be lots more specific. See for example this thread where people could not agree on what was income nor what was a tax: https://www.bogleheads.org/forum/viewtopic.php?t=163748 Even you added in something that is not a tax. :) Last year we paid more tax than all my earned inc...
by skor99
Tue Feb 19, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Re: Effective tax rate

I think you will need to be lots more specific. See for example this thread where people could not agree on what was income nor what was a tax: https://www.bogleheads.org/forum/viewtopic.php?t=163748 Even you added in something that is not a tax. :) Last year we paid more tax than all my earned inc...
by skor99
Tue Feb 19, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2116

Effective tax rate

Think it would be a good exercise to calculate the effective tax rate that people pay... Numerator would include all kinds of taxes paid for a year ( income, employment, property , sales, state income tax etc. ) and the denominator all earned income . Mine came to around 22% for last year for gross ...
by skor99
Mon Feb 11, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard cuts expected stock market returns over the next decade]
Replies: 26
Views: 3513

Vanguard cuts expected return for stocks

[Post merged into here, see below. --admin LadyGeek]

https://www.cnbc.com/2019/02/11/vanguar ... ecade.html?

Is this before or after inflation ? 5% after inflation is still not too bad
by skor99
Wed Jan 16, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 21930

Re: Around 43K in dividends last year - feel good about it ?

Buybacks only benefit those who sell, who happen to be execs paid with huge amounts of stock options. The buy and hold investor is sold the myth that the price per share will rise, but go look at big buyback users like IBM to see how this does not work out in reality. Exactly my point. Also @liveso...
by skor99
Wed Jan 16, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 21930

Re: Around 43K in dividends last year - feel good about it ?

How can one be sure that the company is using the unpaid dividend money wisely and not wasting on buybacks or wasting on execessive CEO compensation ? When dividends are distributed it is up to the shareholders to invest back or to make other use of that money.
by skor99
Fri Jan 11, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 21930

Re: Around 43K in dividends last year - feel good about it ?

To clarify to all the folks responding, the portfolio size (regular plus retirement ) that generated these dividends is slightly less than $2MM. And my original question was directed towards those people who always say any kind of dividends are bad. That’s why I asked if I should feel good about it....