Search found 49 matches

by Peppergrass
Mon Apr 01, 2019 2:02 am
Forum: Personal Finance (Not Investing)
Topic: state taxes due yearly or quarterly?
Replies: 4
Views: 462

Re: state taxes due yearly or quarterly?

ok thanks guys,

I guess if I tell you Hawaii you can give me better information..

thanks!
by Peppergrass
Thu Mar 28, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: state taxes due yearly or quarterly?
Replies: 4
Views: 462

state taxes due yearly or quarterly?

Hi guys,

I just moved to. state with income tax, wondering as all that seems to come up was an end of year tax usually filed with the federal tax same time? is that correct or do they want quarterly like federal ???

thank you!
by Peppergrass
Sat Mar 09, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8117

Re: My name is _____, & I am a MARKET TIMER.

I for sure have some advice for you options.. play with them , learn them, market time them, love the ups and downs... make a goal to yourself, to play the money you earn from options, and then keep at it. but here's the catch you need to start with one.. only one. because you don't know options.. t...
by Peppergrass
Fri Oct 12, 2018 9:05 pm
Forum: Non-US Investing
Topic: Portfolio advise (30 something) from NL
Replies: 48
Views: 2097

Re: Bond ETF from Europe (the Netherlands)?

(On the side with like 5% of my savings I still enjoy buying stocks :oops: based on my understanding of value investing. Got some job knowledge about tech and healthcare. Further make use of Joel Greenblats approach as well). 5% is not bad.. there really is no 'good" or "bad" because it's all theor...
by Peppergrass
Fri Oct 12, 2018 8:32 pm
Forum: Personal Investments
Topic: whats the consensus on muni % allocation
Replies: 9
Views: 1460

Re: whats the consensus on muni % allocation

I set my bond allocation, and then within that I go 50% munis, because I am in a high tax bracket, but I don't want to be too exposed to state-specific risks. are you doing all your state you live in, with the munis or are you spreading out to other states munis?? I'm in a high tax bracket. I have ...
by Peppergrass
Wed Oct 10, 2018 11:16 pm
Forum: Personal Investments
Topic: whats the consensus on muni % allocation
Replies: 9
Views: 1460

whats the consensus on muni % allocation

Hi guys, just wondering if "older people" go into more bond funds... what is the general across the board starting place where people place a % on allocation to muni's when talking about bonds.. I started thinking about this as I have a lot of money, and younger, but thinking on the bond allocation....
by Peppergrass
Wed Oct 10, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: place to buy stock certificates?
Replies: 4
Views: 805

Re: place to buy stock certificates?

thanks guys,

gold is a good option also..
by Peppergrass
Wed Oct 10, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4157
Views: 805284

Re: What's Your Credit Card Rewards Strategy?

I have a new one.. as I believe I wrote on this post about my BOA cards they have a new one or new to me.. platinum rewards card.. works for international travel fees, and has a higher reward bonus back.. they have changed the point system, to a new one, but I still calculate that I will earn more j...
by Peppergrass
Fri Oct 05, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: place to buy stock certificates?
Replies: 4
Views: 805

place to buy stock certificates?

HI guys wanted to buy my nephew some stock certificates. it reminded me when my uncle purchased me some bonds when I was born, so I thought to pass on the same.. Is there any place you guys know of to purchase some stock certificates so I can give to my brother, didn't want him to have to setup an a...
by Peppergrass
Wed Oct 03, 2018 2:16 am
Forum: Personal Investments
Topic: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.
Replies: 87
Views: 9135

Re: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.

liquid, well first wha tis "mega rich".. to some it's a couple mill, to others it's a billion.. to cut through the clouds you have.. -most will never get mega rich in stocks.. for a couple reasons.. it's been calculated that future returns won't equal what past returns were.. it might be true might ...
by Peppergrass
Fri Sep 28, 2018 1:00 am
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4863

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

instead of bald, what about buzzing it on a low number?

or what about just growing out your hair?

Both are easy and lazy
by Peppergrass
Fri Sep 28, 2018 12:50 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111285

Re: How much money do you want to retire?

I like setting high goals,, it pushes you farther, while if you don't hit it you most likely get pretty dang far Is it possible there are other high goals in life that don't revolve around making or even spending money? there are many.. and one could say they are more important then money, but what...
by Peppergrass
Fri Sep 28, 2018 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Short/Long Term Planning for Young Child with Special Needs
Replies: 7
Views: 826

Re: Short/Long Term Planning for Young Child with Special Needs

I'm dealing with the same if I can speak on autism for a minute, as we knew our kid had it the second he was born.. don't ask us... autism would generally start out and this is in general... no speech at that age even, delayed walking, delayed eating of foods, extremely light sleeper and has trouble...
by Peppergrass
Thu Sep 27, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111285

Re: How much money do you want to retire?

I'm 34. goal is 444 million I don't think anybody with goals that high will ever retire. First, most people will never get there. Second, those that do have far too much ego tied up in their money and "skill" in getting there to ever retire. totally agree with that, which is why I was editing my an...
by Peppergrass
Thu Sep 27, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111285

Re: How much money do you want to retire?

I'm 34. goal is 444 million in life.. problem being I don't have people's definition of retirement.. to me.... and this is me.....retirement is for people who hate what they do, you should be "working" till you die
by Peppergrass
Fri Sep 21, 2018 12:23 am
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 2215

Re: New car - 0% loan or $500 rebate

Dave, If I am reading correct, you have cash for the car? if so buy it in cash and walk away.. no measly amount is worth the headache of calculating and moving money here to there and such.. it's just not. that's just me though, I value time and simplicity over an extra return. when you are on your ...
by Peppergrass
Fri Sep 21, 2018 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 2231

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

why rag on Wells Fargo?

the whole of Wells Fargo didn't wrong people, some people did.. it's not "Wells Fargo" , it's the actions of some working for Wells Fargo that made some very very bad calls and got caught.
by Peppergrass
Thu Sep 20, 2018 11:53 pm
Forum: Non-US Investing
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3978

Re: Puerto Rico as legal tax Haven?

Can this be true? And if so, why hasn’t it been widely reported? https://www.gq.com/story/how-puerto-rico-became-tax-haven-for-super-rich “Act 22 goes much further: It makes Puerto Rico the only place on U.S. soil where personal income, capital gains, interest, and dividends are untaxed.” because i...
by Peppergrass
Thu Sep 20, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4157
Views: 805284

Re: What's Your Credit Card Rewards Strategy?

GOAL: one bank, two cards ( one for purchases, one for travel outside country ) CARDS: BOA cash back card, BOA travel card REWARDS: I redeem whenever I get a chance to, maybe every two months into whatever account I feel like ( spending account, vaca account ) FINAL THOUGHTS: I think people drive th...
by Peppergrass
Thu Sep 20, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card spending $20000
Replies: 10
Views: 2039

Re: Credit card spending $20000

I would use whatever bank you deal with, because why deal with another bill / place you have to log into... ..... isn't simplicity the highest form of intelligence 20k isn't something to worry about really, as it's not going to do a whole lot.. worrying and trying to figure out the best to me is goi...
by Peppergrass
Thu Sep 20, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 3058

Re: Traveling overseas .. credit cards? cash exchange?

I am exploring best options for using cash, credit cards, and/or debit cards overseas. All the credit cards I have include a 3% fee on international transactions. Just as a reality check: if you spend $1,000 then the international transaction fees will come to $30, which is probably less than a sin...
by Peppergrass
Tue Sep 18, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax question with treasuries ..
Replies: 7
Views: 588

Re: CA tax question with treasuries ..

Thank you guys. I’m asking as family is looking to move to CA. So I have no clue as I come from the wonderful land of no income tax ( WA ) I will check out CA AMT as I didn’t know about that either... not a big worry though as I was wondering where my other money gets taxed at and should for sure fa...
by Peppergrass
Tue Sep 18, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: how do/did you teach your kids finances/investing?
Replies: 28
Views: 2488

Re: how do/did you teach your kids finances/investing?

I'm highly opinionated so let me try to approach this.. and take my advice with anything.. it's a strangers advice I grew up poor... like food bank, ramen noodle poor.. .35 cents for lunch.. I didn't have things in life that all the other kids had, it taught me 1. life is not good when you are poor ...
by Peppergrass
Tue Sep 18, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax question with treasuries ..
Replies: 7
Views: 588

CA tax question with treasuries ..

Hi guys,

wondering on something..

say I had all income from treasuries, lets say 1 million.. if I went and produced any other income, does it get charged at top CA tax rate ( 13.3% ) even though treasuries got no CA tax?

I'm guessing yes, as AGI would say 1 mill right?
by Peppergrass
Fri Sep 14, 2018 12:22 am
Forum: Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2647

Re: Hypothetical Question - Market Timing

to me, still no point to be in any bonds, unless you plan on a downturn to somehow time market and flip them to stock, but as I said this depends on bond fund or if buying treasuries or what.. the yield will get skewed with downturn for sure.. you will do much better in stock over the long run as SP...
by Peppergrass
Fri Sep 14, 2018 12:09 am
Forum: Personal Investments
Topic: Dollar cost averaging or all in one go?
Replies: 3
Views: 630

Re: Dollar cost averaging or all in one go?

DCA I believe works like 25% of the time..

it's really more for fear factor and easing the emotions above anything really, as most scenarios you are out of the market longer thus lower returns... most the time...
by Peppergrass
Thu Sep 13, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 113
Views: 19669

Re: Umbrella Policy: Right amount for $7 mil net worth?

As been stated by others, your net worth has nothing to do with how much umbrella insurance you need and discussing it in those terms means you don't understand what umbrella coverage is. I'm not sure I agree with this. Seems to me that the more assets one has, the higher the umbrella coverage shou...
by Peppergrass
Wed Sep 12, 2018 11:05 pm
Forum: Personal Investments
Topic: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?
Replies: 21
Views: 4172

Re: Any issues keeping <$1MIL in VMFXX (Money Market Fund)?

totally get it in there.. it's not making anything right now..
by Peppergrass
Wed Sep 12, 2018 11:02 pm
Forum: Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2647

Re: Hypothetical Question - Market Timing

Whoa, ya I did the math wrong on those scenarios. Thanks for pointing that out. It’s late here in Texas :) I appreciate the feedback. The more I think about it, the more I’m leaning towards a 60/40 type portfolio until the next recession hits. Then I can just rebalance my account to my desired 90/1...
by Peppergrass
Wed Sep 12, 2018 1:26 am
Forum: Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2647

Re: Hypothetical Question - Market Timing

yes, you would do better to time the market.. problem is when do you get in? second problem is you would most likely be scared to get in when things are dropping, bouncing like a yo-yo... emotions are far more on the table then logic, when you read the NEXT DEPRESSION is here.. ... ... no, you don't...
by Peppergrass
Wed Aug 01, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: what is the penalty for not paying quarterly tax?
Replies: 7
Views: 1346

Re: what is the penalty for not paying quarterly tax?

thanks Brain and others. so obviously also no way to make more then they charge if you held it.. so someone is literally calculating each quarter amount owed, if you make a "wrong payment" as in underpayment they then calculate and adjust for each quarter.... my gosh some people are bored I haven't ...
by Peppergrass
Tue Jul 31, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: what is the penalty for not paying quarterly tax?
Replies: 7
Views: 1346

what is the penalty for not paying quarterly tax?

Hi guys,

I wondered, as I read there is a fine or fee if you don't pay quarterly federal tax estimates...

what exactly is the fine or fee?



thanks
by Peppergrass
Tue Jul 31, 2018 11:04 pm
Forum: Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 20473

Re: Net worth of $3.7M at age 47 - can I retire?

can't read all the other replies as I don't have time.. NOPE, you're kinda close.. 5 is the starting point, with I would say your goal should ideally be 7.. I know as I have more then you and have been living off it for some time, like any project you've ever done, it always takes more then you thou...
by Peppergrass
Tue Jul 31, 2018 10:56 pm
Forum: Personal Investments
Topic: Park more than $250,000 in cash
Replies: 24
Views: 3556

Re: Park more than $250,000 in cash

I kinda say depends on time frame, and comfort level.. there is also the stock option of BIL if you want it out in a couple months and don't want to learn to buy treasuries. you could start doing a ladder of T-bills, buying 1/12th every month if you worry about rising rates. someone else could give ...
by Peppergrass
Sun Jul 29, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: are dividends taxed as a "step bracket" ?
Replies: 8
Views: 1071

Re: are dividends taxed as a "step bracket" ?

guys are amazing, thanks!!! I say this every time, but all you are so willing to help and take time to explain, really appreciate this community here!
by Peppergrass
Sat Jul 28, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: are dividends taxed as a "step bracket" ?
Replies: 8
Views: 1071

are dividends taxed as a "step bracket" ?

Hi guys, one question I had.. is qualified dividends taxed at the brackets ( 0% / 15% / 20% ) or do they just see total income and tax all at highest bracket? like is some of my dividends getting taxed at 0%, then move to 15% then if you make enough to 20% ??? OR say for example I got 1 million in d...
by Peppergrass
Thu Jun 07, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: in idea with SCV and leverage..
Replies: 23
Views: 2284

Re: in idea with SCV and leverage..

thank you guys for the comments, I will read that thread when I have a chance tonight.. I'm not sure how much that guy was leveraged?? but I'll look, it makes me think and have thought about toying with the idea on this, of playing with the margin in certain scenarios.. here's one for example.. run ...
by Peppergrass
Mon Jun 04, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: in idea with SCV and leverage..
Replies: 23
Views: 2284

in idea with SCV and leverage..

Hi guys, wondering your thoughts, as I was listening to an audio with Bill Bernstein in it, where he mentioned some idea some guys came up with if.. I don't know some people wanted to hit their retirement target but couldn't save enough.. they mentioned leveraging the portfolio to achieve obviously ...
by Peppergrass
Mon Jun 04, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 15579

Re: To be or not to be complex, that is the question

Rick, the wise thing I've ever read from a book, and I cannot say the exact origin of it as I myself cannot fully say or understand... "he" said : "the highest level things are simple" ... then goes on to say people cannot comprehend simplicity, because they believe something of high value has to be...
by Peppergrass
Wed May 16, 2018 2:14 am
Forum: Investing - Theory, News & General
Topic: can someone explain me AMT in dummy terms?
Replies: 15
Views: 3001

Re: can someone explain me AMT in dummy terms?

"Fewer deductions in general is another reason why you won’t see as many people bumping up against the AMT next year." thanks for that piece of info, I was wondering when reading around why it said fewer people next year will be hit with AMT... makes sense now I think the main reason why fewer peop...
by Peppergrass
Wed May 16, 2018 12:42 am
Forum: Personal Investments
Topic: Why are stock returns expected to be so low over the next decade?
Replies: 27
Views: 5540

Re: Why are stock returns expected to be so low over the next decade?

Bill Bernstein talks about this in one of his books, and he uses the gordon equation to back up the claim.. Also I believe he said for a long time stocks have bid up too high. Another he mentioned is it might be wrong on factors of companies upping dividends, if they did it would change the model, b...
by Peppergrass
Tue May 15, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: can someone explain me AMT in dummy terms?
Replies: 15
Views: 3001

Re: can someone explain me AMT in dummy terms?

"Fewer deductions in general is another reason why you won’t see as many people bumping up against the AMT next year."

thanks for that piece of info, I was wondering when reading around why it said fewer people next year will be hit with AMT... makes sense now
by Peppergrass
Tue May 08, 2018 12:52 am
Forum: Investing - Theory, News & General
Topic: can someone explain me AMT in dummy terms?
Replies: 15
Views: 3001

Re: can someone explain me AMT in dummy terms?

I blew someone's mind, hahaha. well won't tell you what it should be in the future then yeah, at IB, problem is I get no free treasury purchases , some free ETF like others at fidelity and vanguard and TD... but I'm a gambler, what can I say. OHHHHH, ok, that makes sense.. that's for explaining that...
by Peppergrass
Thu May 03, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: can someone explain me AMT in dummy terms?
Replies: 15
Views: 3001

can someone explain me AMT in dummy terms?

Hi Guys, I'm stumped with AMT, and how it affects me.. as yes, wait for it....... I sell options. Which means I generate a lot of margin fees, and exposure fees.. right now I'm at about 36k in margin fees, but as I understand it, with AMT at work you cannot claim investment expenses? the second thin...
by Peppergrass
Mon Apr 16, 2018 9:26 pm
Forum: Personal Investments
Topic: recommendations on fee based who create plans?
Replies: 15
Views: 1561

Re: recommendations on fee based who create plans?

I think I stumped some people, but wanted to shout out to who recommended Harry, who finds the fee based advisors to setup plans.. He gave me some good recommendations and was well worth the minuscule amount he charges.. anyone who wants some help from someone else, I wouldn't hesitate to tell you t...
by Peppergrass
Fri Mar 30, 2018 4:55 pm
Forum: Personal Investments
Topic: recommendations on fee based who create plans?
Replies: 15
Views: 1561

Re: recommendations on fee based who create plans?

overwhelming gratitude guys.. thank you not sure I can hit all the points... I did see that guy that finds fee based, I am going to contact him Sunday night.. the Ex, we live together, we just aren't married anymore, we raise the kid together and have a great relationship... deep risk, sounds intere...
by Peppergrass
Fri Mar 30, 2018 12:41 am
Forum: Personal Investments
Topic: recommendations on fee based who create plans?
Replies: 15
Views: 1561

Re: recommendations on fee based who create plans?

ok here we go: amount: 30 million ( just inherited , giving the kid my 5 mil I had ) Emergency funds: nope Debt: 350k on house mortgage Tax Filing Status: single / shared account with Ex we split investments for filing purpose she pays 50% I pay 50% Tax Rate: ??% Federal, ??% State State of Residenc...
by Peppergrass
Fri Mar 30, 2018 12:27 am
Forum: Personal Investments
Topic: recommendations on fee based who create plans?
Replies: 15
Views: 1561

Re: recommendations on fee based who create plans?

thanks guys for the suggestions.. when I posted my first, it got deleted, in part to a cuss word, and second they seemed to say I had too much money and then suggested I need to find professional help??? I'm not looking for an advisor.. I don't know the word then, looking for someone to help me buil...
by Peppergrass
Thu Mar 29, 2018 12:31 am
Forum: Personal Investments
Topic: recommendations on fee based who create plans?
Replies: 15
Views: 1561

recommendations on fee based who create plans?

Hi guys, I believe I am one of those one in a thousand who can self manage.. went though 2008 without blinking or losing any sleep.. I know some people mention daretobedull.. wondering if there is any others, as I would like to get a general consensus from what I would like, is three opinions. Thanks!