Search found 250 matches

by Jablean
Fri Sep 14, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Backyard Deck Question
Replies: 2
Views: 389

Re: Backyard Deck Question

I would think the ungrooved would feel better to bare feet. Do the grooves keep snow/ice in them?
by Jablean
Fri Sep 14, 2018 6:35 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2947

Re: Picking a Charity

Consider something local that you believe in and know about. That is probably best. If you go for something national or global, carefully research online how much of your money is going to administration and how much is actually getting to the source. Also consider that if you give to a specific ca...
by Jablean
Mon Sep 10, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 2113

Re: Fine tuning income around the ACA cliff

Sounds to me like you are tracking everything. We are both working and self employed so a lot of variable income. I run a spreadsheet with all my estimates at the start of the year and then adjusted as I get real numbers .
by Jablean
Mon Sep 10, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 89
Views: 7645

Re: Amazon Prime - Value?

My teen is a gamer and wants to watch the Twitch tv channels. Needs Prime membership.
by Jablean
Sat Sep 08, 2018 6:18 am
Forum: Personal Consumer Issues
Topic: Building a web site-how to, costs?
Replies: 13
Views: 856

Re: Building a web site-how to, costs?

Blogger has a lot more that you can do with it than just blog. You can have multiple pages, you can add whatever you want in sidebars. Not the best but it would get you up and running. I think WordPress is difficult for a beginner. There are other ones on host sides that are much more plug and play....
by Jablean
Sun Sep 02, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: Possible Change to RMDs? [Executive order]
Replies: 47
Views: 6263

Re: Possible Change to RMDs? [Executive order]

For those of us dealing with RMDs on inherited IRAs wonder if they'll let us recalculate as our factors are set on date of death.
by Jablean
Sun Aug 26, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Recast plus lump sum prepayment -
Replies: 11
Views: 948

Re: Recast plus lump sum prepayment -

You only need to recast if you need a lower mortgage payment. They'll spread your payments out over the remainder of your original term. If you pay off your car and build your emergency amount up to one year then you can put extra toward the mortgage every quarter etc as you learn to stay in your ne...
by Jablean
Sun Aug 26, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected Tax Underpayment - When and how should I pay?
Replies: 23
Views: 1720

Re: Unexpected Tax Underpayment - When and how should I pay?

Better off paying now what you can. They and/or your tax software will look at "when" your payments were for how much of a fine you'll have to pay. (pay now for a lower fine) The web site is easy to use you don't have to start anything new.
by Jablean
Thu Aug 23, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old - Vanguard Trad IRA - Need Advice!!
Replies: 10
Views: 921

Re: 25 Year Old - Vanguard Trad IRA - Need Advice!!

+1
You are 25 it's ok to be 100% in stock and a total stock index is easy. Yes, you will go through some market drops, that's a great time to keep buying not selling. Adjust allocation a couple of percentage points into bond type funds every five years.
by Jablean
Thu Aug 23, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Career decisions and healthcare/finances
Replies: 6
Views: 973

Re: Career decisions and healthcare/finances

My vote is to stay where you are. Running your own business is hard and you've got lots else to do. You might make more but also have a lot more expenses and less free time. Set yourself up a spreadsheet with what ifs.
by Jablean
Thu Aug 23, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard up and running now what?
Replies: 11
Views: 906

Re: Vanguard up and running now what?

#1 Read this about windfalls because that is what you have - https://www.bogleheads.org/wiki/Managing_a_windfall #2 If you think you are really ready then I'd divide your portfolio into millions. Put 1 million into your planned allotment tomorrow. In 2 months put another 1 million in. You will have ...
by Jablean
Thu Aug 23, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: SALT: IRS issues proposed regs for State Tax Credit for Donation
Replies: 62
Views: 6201

Re: SALT: IRS issues proposed regs for State Tax Credit for Donation

Treasury issued proposed regulations today that provide that the federal deduction for a charitable contribution must be reduced by the amount of any state/ local tax credit receieved for such contribution , but need not be reduced by the amount of any state/local tax deduction received for such co...
by Jablean
Thu Aug 23, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: $360k w/major decisions on the way, please help
Replies: 11
Views: 1565

Re: $360k w/major decisions on the way, please help

By family owned apartment does that mean you have family members that understand landlording? It's not for everyone. Make sure you want to own a rental.
by Jablean
Thu Aug 23, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard up and running now what?
Replies: 11
Views: 906

Re: Vanguard up and running now what?

How long have you been making 1.5 mill a year? Self-Employed? Inherited money? Yes, you need a CPA accountant to help you on what type of accounts you are eligible for. You can't just open a Roth or a self 401k etc etc without actually knowing why that would be the appropriate in your situation. And...
by Jablean
Thu Aug 23, 2018 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Job Application Advice for Non-Profit
Replies: 7
Views: 655

Re: Job Application Advice for Non-Profit

Skills - getting along with others, pitching in, being a team player - non-profits tend to be small and some days it's all hands on deck. Non-profits will personally review resume's and are a bit old fashioned in that we like cover letters. Your resume won't be scanned by a computer algorithm for ke...
by Jablean
Thu Aug 23, 2018 12:54 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2854

Re: Rating system for posts/posters ?

A great way to learn is to help others. I may be one of those time sinks but being engaged is what keeps me here learning more every day. Otherwise you just have newbies asking questions and then leaving. Not that I'm against a point system but I don't agree with your premise as to only give points ...
by Jablean
Thu Aug 23, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Checking Back After Several Years!
Replies: 5
Views: 1279

Re: Checking Back After Several Years!

So you are running 90/10 which is high risk just as you say. Did you want to change?

The 4 in 1 is the FFNOX, it's like an all in one 4 fund portfolio.
by Jablean
Thu Aug 23, 2018 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Moving money from one broker to the next
Replies: 14
Views: 1259

Re: Moving money from one broker to the next

No problem and I think that talking it through is helping you. So now let's see where you actually are and to do that you need to get out your last statement and list the funds you are in (by symbol and name) along with percentage of the total or even easier by actual dollars. As people have said th...
by Jablean
Thu Aug 23, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting Roth IRAs – How to Calculate RMDs
Replies: 12
Views: 1071

Re: Inheriting Roth IRAs – How to Calculate RMDs

As you see even if the account makes back the RMD you take out, because each year you have to take out more the value will eventually go down. I plan on my inherited Roth IRA making back much more than the RMD each year. Good luck with that, it might even work for the first 10 or 15 years but event...
by Jablean
Wed Aug 22, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Moving money from one broker to the next
Replies: 14
Views: 1259

Re: MOVING MONEY FROM ONE BROKER TO THE NEXT

Need your age and a bit more info on how much is allocated . Check the wiki for best presentation format. Here is more info: 53 Years Old Unmarried No Kids Rent No Debt Excellent Credit Retirement Goal: 65 (12 Years...) How Much: $800,000 - 1,000,000 Big Ticket Items: Retirement Only Current Total ...
by Jablean
Wed Aug 22, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting Roth IRAs – How to Calculate RMDs
Replies: 12
Views: 1071

Re: Inheriting Roth IRAs – How to Calculate RMDs

The IRS makes it hard to find so I use Fidelity's help - go here https://www.fidelity.com/building-savings/learn-about-iras/inherited-ira-rmd (I got both Roth and regular IRAs this year - RMD% are the same, taxes are different) In the middle of the Fidelity page are tabs for who the beneficiary is. ...
by Jablean
Wed Aug 22, 2018 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Where should I park money I wont need for 3.5 years?
Replies: 11
Views: 1760

Re: Where should I park money I wont need for 3.5 years?

I like CD laddering. Easy to do, no unexpected problems.
by Jablean
Wed Aug 22, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 job
Replies: 5
Views: 482

Re: 1099 vs W2 job

What flexibility are they giving you as 1099? Work from home? Set your own hours?

We have a similar 1099 (much less $$) and I still haven't figured out the benefits of getting paid extra for ss/medicare when it just raises your income. Someday I'll understand that math.
by Jablean
Wed Aug 22, 2018 1:52 am
Forum: Investing - Help with Personal Investments
Topic: Moving money from one broker to the next
Replies: 14
Views: 1259

Re: MOVING MONEY FROM ONE BROKER TO THE NEXT

Need your age and a bit more info on how much is allocated . Check the wiki for best presentation format. You say you want to keep your Roth in stocks - recommendation around here is more to keep the bond(ish) portion in tax advantaged and stock in taxable but the percentage of each is based on age ...
by Jablean
Tue Aug 21, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is divorce a wise financial move?
Replies: 90
Views: 5143

Re: Is divorce a wise financial move?

I think there may still be a benefit of divorce when one spouse needs to go on Medicaid for Alzheimers etc in order for the other spouse to continue to have any income. Any ideas on that?
by Jablean
Tue Aug 21, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can an already retired 54 y.o. open a HSA?
Replies: 3
Views: 592

Re: Can an already retired 54 y.o. open a HSA?

Our big local credit union offers HSA accounts, has a $30 a year fee, but has a small amount of interest. First step is ask where you bank. Probably not worth investing for the first several years as places like Fidelity/Vanguard don't offer accounts. and you may wind up needing to use it to pay bil...
by Jablean
Tue Aug 21, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Roth IRA
Replies: 7
Views: 838

Re: Inherited Roth IRA

The Roth 5 year period is based on when their grandfather started it and not when they inherit it. There are special rules for inherited IRAs and Roths, namely that they need to be titled correctly. Usually the firm (FidelityVanguard) will do that for you. All web pages give you this long name, ie R...
by Jablean
Tue Aug 21, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: PA 529 GSP 2018-2019 Rates
Replies: 1
Views: 171

Re: PA 529 GSP 2018-2019 Rates

Looks like there is a premium that was removed - https://www.pa529.com/pdf/2017-18-Rate-Card-with-Premiums.pdf but not reflected in the published 2017-2018 schedules (read header and footnotes) Since that would make the actual 17-18 rate less it looks like the real trend is the same. I'd say there w...
by Jablean
Tue Aug 21, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: All figured out
Replies: 20
Views: 2284

Re: Made a big mistake with HSA and looking to fully inform myself before my meeting with accountant.

Think of all the time your accountant now does not have to spend redoing past year's taxes. See if they tell you that themselves. Now on the is it or isn't it an HSA eligible plan. I would get it in writing from your insurer for each year. The eligibility rules seem to change every so often. Maybe y...
by Jablean
Tue Aug 21, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Open ROTH IRA's - when, where and how?
Replies: 14
Views: 769

Re: Open ROTH IRA's - when, where and how?

Just starting out I think payroll deductions are great, especially for someone who may not have all the money at one time. You don't see the money in your paycheck so you don't have to think about saving it or sending a monthly check.
by Jablean
Tue Aug 21, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in 2nd location of a business
Replies: 1
Views: 191

Re: Investing in 2nd location of a business

Depends on how far apart locations are a bit but also seems to me that if business plan is sound then two eggs in one basket is worth more (especially if you keep collecting eggs) while one egg each in two baskets is safer.
by Jablean
Tue Aug 21, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Issues with IRA rollover
Replies: 5
Views: 479

Re: Issues with IRA rollover

Have them liquidate as the roll into the new account at EJ. Then just transfer the cash (minus fees) to wherever you are going. You have no tax consequences so just get er done. :)
by Jablean
Tue Aug 21, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Question re Roth IRA
Replies: 2
Views: 225

Re: Question re Roth IRA

Nothing to add but +1
by Jablean
Tue Aug 21, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Help with web development contract
Replies: 8
Views: 585

Re: Help with web development contract

Who's going to be continuing the upkeep after you have it moved? Hard to go after someone in India other than leave them a bad review. Check with your local IT groups.
by Jablean
Tue Aug 21, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Is It Possible to Ever Not Have to Worry about Debt
Replies: 12
Views: 1127

Re: Is It Possible to Ever Not Have to Worry about Debt

They do not pay attention to the bigly time business peeps who went bankrupt umpteem times? Of course they didn't seem to "worry" about it.

Best advice, live within your means, and plan for down the road.
by Jablean
Tue Aug 21, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing for minors
Replies: 3
Views: 251

Re: Help with investing for minors

If you do a UTMA ask the parents first as that can negatively effect college finances more than the 529s they have created (if they won't be receiving any federal aid it won't matter)

How much are you thinking of putting away each year? That could make some difference in ideas.
by Jablean
Tue Aug 21, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: Managed Account to...
Replies: 7
Views: 681

Re: Managed Account to...

You won't necessarily do better, you may do worse. I don't think you are ready based on your asking "Should I?" Spend three months at least here on the board, reading what others are doing, deciding if a minimal three fund strategy will actually fit your investing style. Lots of people do more, but ...
by Jablean
Tue Aug 21, 2018 1:40 am
Forum: Investing - Help with Personal Investments
Topic: What accounts to spend from in retirement
Replies: 5
Views: 807

Re: What accounts to spend from in retirement

How are you with spreadsheets? Your goal is to look at the tables that show you where the %s change. You say you are in the 15% bracket but there isn't such a thing in the Federal tax right now. It's either 12% or 22% and if you stay in the 12% then you get 0% on capital gains. So for 2018 if you ca...
by Jablean
Mon Aug 20, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Please help my mom with her investments
Replies: 7
Views: 895

Re: Please help my mom with her investments

One of her larger expenses is going to be property tax. Housing prices increasing each year equals taxes going up each year. (unless state doesn't have prop tax)
by Jablean
Mon Aug 20, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: tax implications of selling a long-held mutual fund
Replies: 8
Views: 775

Re: tax implications of selling a long-held mutual fund

Effective in 2012, investment companies had to keep track of capital gains & report the short/long term capital gains to you when sold. Since your mutual fund has purchases before 2012 and 2012 and after, I don't know if the mutual fund company will provide you with the before 2012 and after 2012 c...
by Jablean
Mon Aug 20, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: IRA and Inherited IRA Distributions
Replies: 3
Views: 398

Re: IRA and Inherited IRA Distributions

Yep just like your regular IRA. However the percentage you have to take out for RMD is different on the inherited. For your IRA you look at the table each year, for the inherited you look at the table the first year and then subtract 1 from the percentage each year forever after.
by Jablean
Mon Aug 20, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help me switch from Robo to the Boglehead way!
Replies: 16
Views: 1562

Re: Help me switch from Robo to the Boglehead way!

Yes you will be able to link accounts so that whoever is logged in can see the other's fund and make investment decisions. The owner has to make that choice while they are logged in.
by Jablean
Mon Aug 20, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: tax implications of selling a long-held mutual fund
Replies: 8
Views: 775

Re: tax implications of selling a long-held mutual fund

You can do a sample run by selling some this year. See what tax forms they give you. Sometimes the mutual funds rules change and they adjust the cost basis on that year. (at least that's what my inherited funds shown)
by Jablean
Mon Aug 20, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a house. Good idea?
Replies: 12
Views: 1870

Re: Paying cash for a house. Good idea?

Can you borrow from a 401K? Take out of Roth? Do you have fairly high cushion on multiple credit cards?

I think your cash is a bit under what you need and another year would give you your cushion. What's the economic outlook in your area? Is it reliant in international trade?
by Jablean
Mon Aug 20, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: career move: pay versus boredom
Replies: 5
Views: 817

Re: career move: pay versus boredom

Midlife crisis that you may be getting early. My DH went through it when he hit 50, seems to be hormonal :). Decide what it is that you want to change. New Desk, new view, new people? Work from home, new or different responsibilities, more training in something different? Go to chamber after hours, ...
by Jablean
Mon Aug 20, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: How much clothing do you need to get by?
Replies: 20
Views: 2241

Re: How much clothing do you need to get by?

I'd cut your casual pants purchase down to about 4 (you can wear them twice before washing) and limit the long sleeves dress shirts to 2. Throw a casual jacket, not a hoodie, over it and who's to know what length.
by Jablean
Mon Aug 20, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card to Pay off Overpayment of Student Debt
Replies: 18
Views: 1664

Re: Credit Card to Pay off Overpayment of Student Debt

Don't most people still get checks to use from your credit card company? I get regular printed statements in the mail and probably every other month it comes with a check to use. Accepting the check doesn't cost the receiver a percentage like accepting a credit card does. There is a fee when using ...
by Jablean
Mon Aug 20, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: The more I learn the less I know: general checkup, lots of questions.
Replies: 19
Views: 2739

Re: The more I learn the less I know: general checkup, lots of questions.

Had my kid in my late 30s too. Kid's are only young once. They are fun to do things with through grade school, once they hit junior high you see less and less of them except during family vacations. Mine loves the big yard in theory, never goes outside to see it. Fund your 401s, they'll be in funds ...
by Jablean
Mon Aug 20, 2018 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card to Pay off Overpayment of Student Debt
Replies: 18
Views: 1664

Re: Credit Card to Pay off Overpayment of Student Debt

Don't most people still get checks to use from your credit card company? I get regular printed statements in the mail and probably every other month it comes with a check to use. Accepting the check doesn't cost the receiver a percentage like accepting a credit card does.
by Jablean
Mon Aug 20, 2018 1:48 am
Forum: Personal Finance (Not Investing)
Topic: Home down payment question- HELOC or save money
Replies: 10
Views: 866

Re: Home down payment question- HELOC or save money

First I don't see your actions as particularly "debt adverse" so saying and doing are two different things. Another option you have is to rent in your preferred kindergarten location and sell the current house, then buy a new one. This is only 2 years away - build up your emergency fund, forget abou...