Search found 4027 matches

by RickBoglehead
Fri Oct 18, 2019 10:51 pm
Forum: Personal Investments
Topic: Fidelity - Funding another parties Roth
Replies: 9
Views: 484

Re: Fidelity - Funding another parties Roth

No. What you are trying to do is not allowed.
by RickBoglehead
Fri Oct 18, 2019 12:28 pm
Forum: Personal Investments
Topic: Do I pay taxes on capital gains for mutual fund transfers within Vanguard?
Replies: 8
Views: 646

Re: Do I pay taxes on capital gains for mutual fund transfers within Vanguard?

Thanks for the responses everyone. Vanguard uses "Transfer" but understanding that it is a user-friendly way to sell one fund and buy with the proceeds is useful. Actually, they have three terms - BUY, SELL, and EXCHANGE - when going from one fund to another within an account. TRANSFER money is sho...
by RickBoglehead
Fri Oct 18, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: One thing to check when buying a used car privately [wheel locks]
Replies: 14
Views: 1250

Re: One thing to check when buying a used car privately

Yeah, wheel locks are basically a waste of money. Any hard core wheel thief knows exactly how to get them off in seconds. Not providing further info or a link, easily Googled.
by RickBoglehead
Fri Oct 18, 2019 12:21 pm
Forum: Personal Investments
Topic: Where To Park My Money While Saving Up For New Fund
Replies: 6
Views: 718

Re: Where To Park My Money While Saving Up For New Fund

Unless you're willing to accept that your funds can go up and down, and may be down so you'll have to contribute more, keep it in the settlement fund.

Caveat would be how long - it more than a year I'd invest it now.
by RickBoglehead
Fri Oct 18, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Key Ring
Replies: 11
Views: 1146

Re: Key Ring

Replace the small ring on the alarm control. If the hole is too small, drill it out bigger. Plastic can often be drilled at slow revolutions.
by RickBoglehead
Fri Oct 18, 2019 9:09 am
Forum: Personal Investments
Topic: Is a 6 month T-Bill a bond for AA purposes?
Replies: 9
Views: 640

Re: Is a 6 month T-Bill a bond for AA purposes?

It's quite simple. Do whatever works for YOU.

My AA is divided into two parts. Equities, and bonds/CDs/Cash. I wrote that out because "everything else" would have people saying "what about real estate" and such?
by RickBoglehead
Fri Oct 18, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: New Car: Cash or Loan
Replies: 6
Views: 427

Re: New Car: Cash or Loan

First, is the manufacturer offering incentives to take the loan? Often the manufacturer will offer further rebates, paid for by their finance arm, to take the standard, non-discounted financing. That financing looks discounted... When there is discounted financing offered, the rebates are reduced. I...
by RickBoglehead
Fri Oct 18, 2019 8:53 am
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 67
Views: 6016

Re: Responding to a CP2000 Notice

Got my notice on 5/22 for 2017 tax year. Sent response 6/11. Disagreed with all their findings but one, which was a mistake on my part. Received notice from them 7/5 they were reviewing my response. Received their response 9/5, they agreed with my findings. Mailed check and paperwork 9/23. Check hit...
by RickBoglehead
Fri Oct 18, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 69
Views: 7422

Re: I bought a STOLEN vehicle!!!

Seller's information would be at the DMV...

Price you paid looks like a pretty steep discount.
by RickBoglehead
Fri Oct 18, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 29
Views: 1707

Re: Moving my home landline phone number to MagicJack - good idea?

Porting is moving the number so the contacts that want your number to stay the same got what they wanted... Is this your personal experience? I'm not asking what porting is or how it's supposed to work. I'm asking for experience reports on how it actually worked in practice. Yes. We moved our home ...
by RickBoglehead
Fri Oct 18, 2019 7:48 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 29
Views: 1707

Re: Moving my home landline phone number to MagicJack - good idea?

For those using OBi, especially in relative's homes (where you may be the remote tech support), note the following: - OBi was purchased by Polycom about 2 years ago. Polycom's focus is business, not consumer. - OBi's capability with Google Voice is tied to staying in sync with Google Voice changes. ...
by RickBoglehead
Fri Oct 18, 2019 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 483
Views: 46933

Re: Selling home- Demanding Buyer (Repairs)

Some positive news- buyer accepted credit. Inspection negotiation is complete. Makes life a lot easier. One quick amateur question that Ill ask my agent later today, but impatient to find out. Say buyer uses the estimate that I gave, which was from a reputable licensed company and while doing the w...
by RickBoglehead
Fri Oct 18, 2019 6:26 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 29
Views: 1707

Re: Moving my home landline phone number to MagicJack - good idea?

Yes, we currently use Magic Jack. Much cheaper than landline phone. BUT, we’re only using MJ to send calls from the legacy landline number to MJ voice mail. We can then listen at our convenience to the MJ calls and return those that we need to. We’ve used cell phones exclusively for “real conversat...
by RickBoglehead
Fri Oct 18, 2019 6:25 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 29
Views: 1707

Re: Moving my home landline phone number to MagicJack - good idea?

For those who have ported their landline phone number to any of these VOIP services: some contacts want you to call them from the phone number they have on file for you to expedite their service. Common example would be activation of a credit card you receive to replace one that is expiring. If you...
by RickBoglehead
Fri Oct 18, 2019 6:17 am
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 119
Views: 5661

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I just don’t get why people are so exasperated over what people spend, in the grand scheme of things, relatively modest amounts of money on. I spent $3500 on my last mattress. I spend 1/3 of my life on it a mattress so I feel like I should drop some decent coin on making that purchase somewhat plea...
by RickBoglehead
Fri Oct 18, 2019 5:07 am
Forum: Personal Finance (Not Investing)
Topic: pretax option for paying for relative's rehab
Replies: 1
Views: 299

Re: pretax option for paying for relative's rehab

No, you cannot use your FSA for a non-family member.

No, you cannot start an FSA mid year unless you have a qualifying event, which this isn't.

No ideas beyond paying directly.
by RickBoglehead
Fri Oct 18, 2019 4:30 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 101
Views: 7567

Re: Vanguard Website Down Again

OP is upset that Vanguard's site is down at 2:22 AM on a Friday morning? Maintenance? While I understand the desire to be able to use sites 24/7, they have to do maintenance at some point. I have no problem with my financial institutions' sites being down between 2AM and 5AM EST. I do have a problem...
by RickBoglehead
Thu Oct 17, 2019 9:36 pm
Forum: Personal Investments
Topic: Capital Gain Taxes
Replies: 7
Views: 754

Re: Capital Gain Taxes

The greatest thing about the capital gains tax is that you get to choose when you incur the tax. You can also control the amount of the tax. If you don't sell, you don't get taxed. What you can't control is the tax rate. The wikipedia page on capital gains tax history is interesting. The thing to n...
by RickBoglehead
Thu Oct 17, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Home and car damage from storm
Replies: 11
Views: 841

Re: Home and car damage from storm

And if not negligent, any of his tree landing in your yard is your responsibility to clean up, not his.
by RickBoglehead
Thu Oct 17, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Closing a CD with Huntington Bank.
Replies: 10
Views: 823

Re: Closing a CD with Huntington Bank.

So do I have this right? IF someone got a CD (or several) in person a year or several ago, and then either: - moved across country; - moved overseas; - became disabled and cannot travel, not even a few miles, perhaps in a skilled nursing facility...? In those cases (and I sort of especially like th...
by RickBoglehead
Thu Oct 17, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay FICA taxes manually
Replies: 4
Views: 377

Re: how to pay FICA taxes manually

You compute your estimated taxes based on being self employed. There is no separate payment.
by RickBoglehead
Thu Oct 17, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Handling a substantial salary increase - suggestions?
Replies: 26
Views: 3026

Re: Handling a substantial salary increase - suggestions?

Avoiding significant lifestyle creep is key. Got a big bump (not as big as yours) in 1994. Never spent more than that in a year despite earning many times that in future years.
by RickBoglehead
Thu Oct 17, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Are Really Large Battery Brands Fungible?
Replies: 25
Views: 2391

Re: Are Really Large Battery Brands Fungible?

willthrill81 wrote:
Thu Oct 17, 2019 11:48 am
Decent AGM batteries that are not cycled very often or deeply should last 10 years. If the batteries are 'weak' at this point, it's very likely due to a problem with the charger and not the batteries.
This ^^^
by RickBoglehead
Thu Oct 17, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: 529 - Extra accounts for basis control?
Replies: 1
Views: 165

Re: 529 - Extra accounts for basis control?

So the focus is on ensuring that if you have excess funds, and have to make non-qualified withdrawals, you'd want to tap into accounts with less gains?

We simply plan to use our accounts for future grandchildren.
by RickBoglehead
Thu Oct 17, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 29
Views: 1707

Re: Moving my home landline phone number to MagicJack - good idea?

Quite a few threads on this.

We moved our home number to Google Voice, which rings our cell phones per rules we define. No need for landline except E911, which you can get via some services, we chose not to.
by RickBoglehead
Thu Oct 17, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: 529 usage for HS summer programs, distance learning?
Replies: 1
Views: 151

Re: 529 usage for HS summer programs, distance learning?

A quick Google search shows:

1) No.

2) If a qualified university, yes.
by RickBoglehead
Thu Oct 17, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Should I take the job in OKC or Orlando?
Replies: 93
Views: 4490

Re: Should I take the job in OKC or Orlando?

Living in a vacation destination, a community full of resorts, is not a great everyday living environment. Your Orlando opportunity sounds bad for several reasons, one of which is Orlando. I would evaluate the opportunity in OKC against your current situation AND against potential situations if you ...
by RickBoglehead
Thu Oct 17, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Planning to take some money out of roth ira
Replies: 16
Views: 1304

Re: Planning to take some money out of roth ira

I wouldn't worry much about taking $5k from your Roth IRA like another person mentioned. The Roth can be a fine place to hold some emergency money because earnings aren't taxable and contributions can be withdrawn tax free. Plus, it's not an earth shattering amount of money. I agree with the other ...
by RickBoglehead
Thu Oct 17, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1020
Views: 110205

Re: What frugal thing did you do today?

Went to a local garage with grandpa basement style wood paneled walls, ate all the free chocolates I could in the waiting area, and got my tire plugged/patched for $14.85. And I made 2% back from my CC purchase. -TheDDC Discount Tire, if you have one near you, will do that for free. And they have f...
by RickBoglehead
Thu Oct 17, 2019 8:25 am
Forum: Personal Consumer Issues
Topic: ADT home security after contract expires
Replies: 23
Views: 1341

Re: ADT home security after contract expires

You should get away from ADT. It is very expensive and the DIY solutions have much better service + cheaper. I have simplisafe. The reason that Simplisafe is a good choice for some people, is ease of installation combined with no contract. If you already have equipment, and can get features (like a...
by RickBoglehead
Thu Oct 17, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: learning about consulting side job - taxes, etc.
Replies: 6
Views: 682

Re: learning about consulting side job - taxes, etc.

I am considering taking an ongoing side position as a consultant/independent contractor, which has been offered to me by a specific company. This is allowable by my current employer, with time limits. I haven't had such a position before and would like to know what I should consider and learn befor...
by RickBoglehead
Thu Oct 17, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: ADT home security after contract expires
Replies: 23
Views: 1341

Re: ADT home security after contract expires

Do you really need monitoring? A typical thief wants to be in and out in a few minutes. Long before the cops or a service can arrive. An alarm that makes noise is 99% of the solution. Do you want to give up the homeowner's policy discount? I pay $10.45 per month, i.e. $125.40 a year, for monitoring...
by RickBoglehead
Thu Oct 17, 2019 7:06 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 2867

Re: I'm an indexer, but should I be buying my companies discounted stock?

Many buy their stock at the offered discount, and sell at a year so that the gains are long term.

Holding it past that is in violation of your investing guidelines.

As to whether management checks, if they do they're pretty small people. And, how would they check?
by RickBoglehead
Thu Oct 17, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 129
Views: 7275

Re: What percent of net worth should a persons house be?

What percent of net worth should a persons house be? It shouldn't be. In other words, there is no percentage that it should be. There is no "should". A house's value doesn't need to be measured against anything, including a person's income. The only relationship that matters is what percentage of a...
by RickBoglehead
Thu Oct 17, 2019 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Planning to take some money out of roth ira
Replies: 16
Views: 1304

Re: Planning to take some money out of roth ira

Yes, you can take out contributions tax free. However, your Roth IRA is the LAST place you want to take funds from since you cannot replace them.

Yes, you will need to complete tax forms as a result.
by RickBoglehead
Wed Oct 16, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 58
Views: 4205

Re: Invited to join HOA board. Pros/cons?

Our HOA joined NextDoor. We chose not to.
by RickBoglehead
Wed Oct 16, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 53
Views: 2443

Re: car battery change or not? 2 year old battery

While I don't want to be stuck with a dead battery, I can't imagine changing out a perfectly good battery. My 2010 Fusion battery lasted 8 years. My 1998 Explorer lasted longer as I recall, don't have Quicken open to look. Load tested my 2013 F150's battery a few months back and it is fine. It does ...
by RickBoglehead
Wed Oct 16, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Finally Installed - Sample Tabs [of Finish Quantum Power Ball Tabs]
Replies: 29
Views: 1241

Re: Dishwasher Finally Installed - Sample Tabs

I have used the powder stuff for 15 years, which might be the reason my old dishwasher only lasted 8 years. I did not realize that putting too much detergent in the holder would cause a problem. How is it possible to put too much detergent in a dishwasher? You can only fit so much powder in the det...
by RickBoglehead
Wed Oct 16, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Finally Installed - Sample Tabs [of Finish Quantum Power Ball Tabs]
Replies: 29
Views: 1241

Re: We use Finish tabs

1. Use tabs. They are the correct amount of detergent. The "wrapper" will dissolve magically during the wash cycle. 2. Use a rinse agent as it provides some protection against etching. It also helps with drying. The tabs that Bosch recommends are manufactured by Finish. Finish recommends that you u...
by RickBoglehead
Wed Oct 16, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 119
Views: 5661

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

What boggles my mind is the discussions of products, like the iPhone, here when there are dedicated forums with product experts on them. But of course opinions from 23 people make all the difference? I don't get it.
by RickBoglehead
Wed Oct 16, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Finally Installed - Sample Tabs [of Finish Quantum Power Ball Tabs]
Replies: 29
Views: 1241

Re: Dishwasher Finally Installed - Sample Tabs

I think you can only see the ratings if you are subscriber. I know the tabs are much more expensive. I am not sure if I want to pay the extra money for detergent. I have a full box cascade at home. I have never researched detergent, though. Before I buy an expense package of tabs, I might just use ...
by RickBoglehead
Wed Oct 16, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Finally Installed - Sample Tabs [of Finish Quantum Power Ball Tabs]
Replies: 29
Views: 1241

Re: Dishwasher Finally Installed - Sample Tabs

I'm in the "can't be bothered crowd". Finish Power Ball Max tabs are on sale at Costco now for $11.99 for 125 count. They work great, dishes always clean with no film. So less than $0.10 per load and we run our dishwasher every other day as empty-nesters. Pretty inexpensive convenience IMHO. Conven...
by RickBoglehead
Wed Oct 16, 2019 12:01 pm
Forum: Personal Investments
Topic: 401a, 403b and 457b
Replies: 29
Views: 1349

Re: 401a, 403b and 457b

I'm no expert, but my wife is also in education. She has a 403b, a 401k, a 457... The 457 is designed to pay for healhcare in retirement, and was part of a "self-funded" program. We put in the minimum. The 401k is where the school district matches. We put the entire rest of her salary (after medical...
by RickBoglehead
Wed Oct 16, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 4647

Re: Prenuptial agreement for moderately successful 30 year olds

I can't conceive of needing this. When we got married, not only did my wife not have a dime to her name, she was in debt to me - i.e. I was footing the bills because we had just graduated college, and she had nothing. She got a job that was under a government grant and I had to fill out paperwork sh...
by RickBoglehead
Wed Oct 16, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 53
Views: 2443

Re: car battery change or not? 2 year old battery

wolf359 wrote:
Wed Oct 16, 2019 11:36 am
Batteries are one of those items that you can change yourself. Get them from Costco.
Walmart's EverStart batteries actually have better warranties.

As far as how long a battery lasts, no hard and fast rules, but excessive heat does kill them.
by RickBoglehead
Wed Oct 16, 2019 11:48 am
Forum: Personal Investments
Topic: Withdrawing 529 $ without penalty [what counts as a "scholarship"]
Replies: 8
Views: 1080

Re: Withdrawing 529 $ without penalty [what counts as a "scholarship"]

This seems to say no, but as says no clear determination. Thousands have dealt with this issue, I cannot imagine your school doesn't have some guidance.

https://forum.savingforcollege.com/t/52 ... ns/11717/5
by RickBoglehead
Wed Oct 16, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 53
Views: 2443

Re: car battery change or not? 2 year old battery

Let me try again. If a battery is rated at 600 cold cranking amps, and is measured at 563, it seems to be fine. If a battery is rated at 700 cold cranking amps (as dealer put in their machine) and is measured at 561, it's not fine. Wonder what the dealer would have said if they put in 500, and it me...
by RickBoglehead
Wed Oct 16, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Dishwasher Finally Installed - Sample Tabs [of Finish Quantum Power Ball Tabs]
Replies: 29
Views: 1241

Re: Dishwasher Finally Installed - Sample Tabs

Your conclusion that your dishwasher didn't last because you may have put in too much detergent isn't right. You can find ratings of dishwashing detergent at www.consumerreports.org Tabs/pods are designed for the "I can't be bothered to measure detergent" crowd and are much more expensive. They were...
by RickBoglehead
Wed Oct 16, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 53
Views: 2443

Re: car battery change or not? 2 year old battery

One of the two put in the wrong rating for the battery... If a load test was done, and it passed, you're all set.