Search found 30 matches

by ejm009
Thu Mar 26, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: High school money topics
Replies: 23
Views: 1143

Re: High school money topics

Teach her the time value of money, especially relative to credit card type debt. When we are young most have no money to invest and biggest issue can be high interest debt.
by ejm009
Sun Mar 08, 2020 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax advice - W2 income and deductions
Replies: 14
Views: 782

Re: Tax advice - W2 income and deductions

Basic repairs generally do not increase the basis of the house. Thing like new windows, kitchen remodel, new roof, new fence, etc do. Painting seems to be on the threshold where people debate both ways. Also realize, present tax law provides a $500,000 exemption on capital gains for your primary hom...
by ejm009
Sun Mar 08, 2020 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Tax advice - W2 income and deductions
Replies: 14
Views: 782

Re: Tax advice - W2 income and deductions

Child care is separate from schedule A itemizations. Job expenses for W-2 employee are gone as of Tax Cut and Jobs Act.
by ejm009
Tue Feb 18, 2020 10:23 pm
Forum: Investing - Theory, News & General
Topic: How do you objectively set Stock vs Bond Allocation
Replies: 81
Views: 5832

Re: How do you objectively set Stock vs Bond Allocation

Use portfoliovisualizer.com and look at the various Vanguard Life Strategy finds, particularly for the max drawdown. See what your comfort level is and pick your AA accordingly.
by ejm009
Tue Feb 18, 2020 9:58 pm
Forum: Personal Consumer Issues
Topic: Perform own oil change pros & cons?
Replies: 224
Views: 11055

Re: Perform own oil change pros & cons?

I have changed my own oil since I bought my first car ~45 years ago. I buy the cheapest full synthetic oil, usually at Walmart, and a medium priced filter, usually at a discount national parts store. It never seems to occur that both the oil and filter can be had at the same store for a good price. ...
by ejm009
Sun Feb 16, 2020 12:04 am
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11174

Re: If you used multiple investment strategies, which would you use and why?

No to dumping value entirely. Some expectation for lower marginal tax rate in the future so deferred offers one path. Also can hold value over growth in Roth/HSA. If applicable, the ACA issue is the bigger driver.
by ejm009
Sat Feb 15, 2020 11:37 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11174

Re: If you used multiple investment strategies, which would you use and why?

More tax efficiency than TSM in taxable. Yield on Vanguard total market index is ~2%, yield on Vanguard growth is ~1.2%. ER is slightly compromised.
by ejm009
Sat Feb 15, 2020 10:54 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11174

Re: If you used multiple investment strategies, which would you use and why?

So not really earth shattering or multiple strategies, but what about fracturing equity holdings to put growth in taxable. More tax efficiency. At the extreme could allow for an ACA subsidy when very near the 400% FPL cliff.
by ejm009
Wed Jan 01, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Questions about DS (minor) filing his own tax return
Replies: 11
Views: 702

Re: Questions about DS (minor) filing his own tax return

The key thing to look for on his 2019 form 1040 is the box for ' Someone can claim: You as a dependent' is checked. This is on the top 1/2 of the first page in the ' Standard Deduction ' section. This will allow you as the parent to get the appropriate credit, depending on his age, as noted by Katie...
by ejm009
Tue Dec 31, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about DS (minor) filing his own tax return
Replies: 11
Views: 702

Re: Questions about DS (minor) filing his own tax return

Please make sure he does not claim himself. I have seen it happen where the minor files their own taxes, claims themselves and thus locks up that SSN. The parent then files and gets rejected due to SSN already being claimed. Child has to then paper file 1040X which must then clear before parent can ...
by ejm009
Thu Dec 26, 2019 7:13 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 80
Views: 4738

Re: In search of a dishwasher that dries plastics well...

So apparently you can buy a rinse cycle additive that contains citric acid to address the plastic drying issue. Available on Amazon.
by ejm009
Tue Nov 19, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Self-Employed Solo 401k employER contribution.
Replies: 21
Views: 926

Re: Calculating Self-Employed Solo 401k employER contribution.

Spirit Rider

Can you comment for a C-corp ?
My understanding is that profit sharing can be up to 25% of W-2 Box 3 wages.
Thank You
by ejm009
Mon Nov 04, 2019 11:11 pm
Forum: Personal Investments
Topic: ESPP and RSUs
Replies: 35
Views: 2207

Re: ESPP and RSUs

Be very careful with taxes on ESPP. You will get W-2 ‘compensation income’ for the discount purchase percentage and the brokerage 1099 will reflect gains relative to the discounted value. You need to adjust the cost basis to avoid paying double taxes. Different brokerages provide some sort of supple...
by ejm009
Mon Oct 28, 2019 10:14 pm
Forum: Personal Investments
Topic: LLC C-Corp Election to Pay Future Health Insurance and HSA
Replies: 2
Views: 356

Re: LLC C-Corp Election to Pay Future Health Insurance and HSA

Yes I know for dis-regarded entity on schedule C, health insurance on 1040 line 29 is subject to profit limitation. Certainly HSA contribution on line 25 is not. I believe both are post-FICA and do not interact with self-employment tax. As you indicated for S-corp the FICA can be avoided by having t...
by ejm009
Sun Oct 27, 2019 6:59 pm
Forum: Personal Investments
Topic: LLC C-Corp Election to Pay Future Health Insurance and HSA
Replies: 2
Views: 356

LLC C-Corp Election to Pay Future Health Insurance and HSA

Hello I have for the first time single member LLC personal service income. I am not sure of the longevity of the income stream and would like to make any money made this year last for several additional years. If I take a C-Corp election via IRS form 8832 can I continue to hold money in the corporat...
by ejm009
Sun Apr 14, 2019 9:07 pm
Forum: Personal Consumer Issues
Topic: Worry free antivirus for my parent's computer
Replies: 18
Views: 1243

Re: Worry free antivirus for my parent's computer

Check with you Internet Service Provider, they may offer a reasonable commercial product for free.
by ejm009
Sat Apr 06, 2019 2:09 pm
Forum: Personal Investments
Topic: Fidelity Full View?
Replies: 48
Views: 8764

Re: Fidelity Full View?

I see the retirement planner under a ‘planning & advice’ menu pull down at the main fidelity login. It is not part of fullview.
by ejm009
Sat Apr 06, 2019 12:55 pm
Forum: Personal Investments
Topic: Fidelity Full View?
Replies: 48
Views: 8764

Re: Fidelity Full View?

Full view is the only aggregator that seems to work with treasury direct. All of the yodlee based services plus mint do not.
by ejm009
Sun Jan 27, 2019 4:34 pm
Forum: Personal Investments
Topic: Target Date Funds - No Expense Ratios
Replies: 5
Views: 781

Re: Target Date Funds - No Expense Ratios

For perspective try calculating the actual $$$ amounts that would be saved.
by ejm009
Fri Dec 28, 2018 6:44 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 154
Views: 13159

Re: My favorite Boglehead posters

klangfool
by ejm009
Fri Sep 21, 2018 10:03 pm
Forum: Personal Investments
Topic: Stable Value Similat to What Bond Fund
Replies: 9
Views: 865

Re: Stable Value Similat to What Bond Fund

You could use CASHX as an approximation
by ejm009
Sat Aug 25, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Former Kaspersky user, PCMATIC?? or what as a replacement?
Replies: 23
Views: 1611

Re: Former Kaspersky user, PCMATIC?? or what as a replacement?

Have you checked to see if your ISP provides a free product. I have Cox and Comcast at two different locations and one provides McAfee and the other Norton as a free download with no hidden charges.
by ejm009
Sat Aug 04, 2018 8:17 pm
Forum: Personal Investments
Topic: Market Timing Bonds vs. Money Market with Rising Interest Rates
Replies: 27
Views: 3514

Market Timing Bonds vs. Money Market with Rising Interest Rates

All
If I assume that interest rates are somewhat based on underlying government policy that seems to have some level of forecast, is it a bad idea to move pre-tax (401k, tIRA) investments between total bond and money market as some sort of slow movement market timing for fixed income ?
Thank You
by ejm009
Mon Jun 25, 2018 9:47 pm
Forum: Personal Investments
Topic: The "leaving the old 401k where it is" argument
Replies: 30
Views: 4349

Re: The "leaving the old 401k where it is" argument

If you ever in a position to consider a back door Roth, the entire value of your tIRA will be subject to tax. If you leave the 401k intact, this will isolate these funds from the rollover. This can also be avoided if you have a non -working spouse which allows your income to be used for their Roth p...
by ejm009
Fri Jun 08, 2018 5:37 am
Forum: Personal Investments
Topic: Convenient Way To See ER in Fidelity GPS or FullView
Replies: 2
Views: 368

Re: Convenient Way To See ER in Fidelity GPS or FullView

I can do this for an individual entry but was hoping for tabular data for all holdings. I am trying to help the proverbial friend who has an extensive complicated list of redundant funds see the expense ratios. I know Vanguard puts this on the 'front page' as the very first column entry for each fun...
by ejm009
Thu Jun 07, 2018 11:46 pm
Forum: Personal Investments
Topic: Convenient Way To See ER in Fidelity GPS or FullView
Replies: 2
Views: 368

Convenient Way To See ER in Fidelity GPS or FullView

Hello
Is there a convenient way to see the expense ratio for each holding within a portfolio at Fidelity.
I can use both the GPS and FullView functionality but cannot identify a way to show the ER.
Thank you very much.
:?:
by ejm009
Mon May 21, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 7513

Re: How do I tell if Roth conversions are worth the trouble?

Horsefly, the online tool ORP provides a methodology to analyze this question.
Please see
https://www.i-orp.com/InfezMsg/extended.html
by ejm009
Sun Apr 22, 2018 8:28 pm
Forum: Personal Investments
Topic: Approach to diversity out of a single stock (purchased through ESPP)
Replies: 52
Views: 5645

Re: Approach to diversity out of a single stock (purchased through ESPP)

Please pay special attention to taxes for ESPP. A portion of the cost basis may be included in W-2 income and you can easily pay double taxes. The broker (E*Trade) cost basis may need to be adjusted to avoid this.