Search found 201 matches

by depressed
Wed Aug 12, 2020 8:41 pm
Forum: Personal Consumer Issues
Topic: Tree section fell on my neighbor's property...who is liable
Replies: 41
Views: 3358

Re: Tree section fell on my neighbor's property...who is liable

EDIT That's the way it is in Tennessee, act of nature, ownership of the fallen tree goes by property line. Here is a link that might help https://www.askfitz.com/who-is-liable-when-a-tree-falls-on-a-neighbors-property/#:~:text=When%20a%20tree%20falls%20over%20onto%20a%20neighbor's%20property%2C%20t...
by depressed
Wed Aug 12, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: Retiring this Friday. Now what?
Replies: 26
Views: 3230

Re: Retiring this Friday. Now what?

Two ideas: 1. In the first eight days, plan nothing. Just do what strikes you in the moment. The activity (or lack thereof) may be enlightening. Ideally, this will be the first eight days of retirement. 2. If you enjoy the outdoors: Take sixteen days away from everything, camping or biking, with lit...
by depressed
Thu Aug 06, 2020 9:32 pm
Forum: Personal Consumer Issues
Topic: Tales of Uncanny Security Codes
Replies: 29
Views: 2172

Re: Tales of Uncanny Security Codes

The odds of getting 000000 are the same as the odds of getting any other six digit number. While true, this ignores the fact that we as humans (try to) recognize patterns. So when we some recognizable pattern the question shouldn't be "what are the odds I got this exact number?" but rather, "what a...
by depressed
Thu Aug 06, 2020 7:55 pm
Forum: Personal Consumer Issues
Topic: Tales of Uncanny Security Codes
Replies: 29
Views: 2172

Re: Tales of Uncanny Security Codes

Kenkat wrote:
Thu Aug 06, 2020 7:29 pm
000 wrote:
Thu Aug 06, 2020 6:06 pm
What do you have against zeros?
Three zeros is cool; six is just showing off though
:sharebeer
by depressed
Thu Aug 06, 2020 7:27 pm
Forum: Personal Consumer Issues
Topic: Tales of Uncanny Security Codes
Replies: 29
Views: 2172

Re: Tales of Uncanny Security Codes

000 wrote:
Thu Aug 06, 2020 6:06 pm
What do you have against zeros?
:sharebeer
by depressed
Thu Aug 06, 2020 4:17 pm
Forum: Personal Consumer Issues
Topic: Tales of Uncanny Security Codes
Replies: 29
Views: 2172

Tales of Uncanny Security Codes

So today I was logging on to my [unnamed financial institution], and the six-digit security code that they[?] sent to my phone was 000000. At first, I assumed it must be a glitch, seeing as how I've never been one of those one-in-a-million kinds of people, and yet, the code got me into my account. I...
by depressed
Tue Aug 04, 2020 7:17 pm
Forum: Personal Investments
Topic: Just added another 70k per annum.
Replies: 25
Views: 5270

Re: Just added another 70k per annum.

Are you planning to continue teaching? If so, then start by learning the details of the pension you'll be getting from the money that's just taken out of your check each month. Most likely, you are paying into that pension plan in lieu of paying social security. But with your new self-employment, yo...
by depressed
Sat Aug 01, 2020 7:04 pm
Forum: Personal Investments
Topic: Unique situation going forward
Replies: 20
Views: 2298

Re: Unique situation going forward

I am married, but she doesn't work. Would a spousal IRA still be an option? I have a state based pension, no 401ks. Would a taxable account even be taxable with no income for tax purposes? Because neither you nor your wife will have earned income, you will not be eligible to make new contributions ...
by depressed
Fri Jul 31, 2020 6:58 pm
Forum: Personal Consumer Issues
Topic: Science videos for middle school kids
Replies: 16
Views: 673

Re: Science videos for middle school kids

Also, the two mini-series: The Elegant Universe and The Fabric of the Universe, based on the books by Brian Greene.
by depressed
Fri Jul 31, 2020 4:52 pm
Forum: Personal Consumer Issues
Topic: Science videos for middle school kids
Replies: 16
Views: 673

Re: Science videos for middle school kids

Perhaps they (and you) would enjoy the Powers of Ten video (1977).

https://en.wikipedia.org/wiki/Powers_of_Ten_(film)
by depressed
Fri Jul 31, 2020 12:01 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 8016

Re: Poor service at Vanguard making me re-think my decision

It appears that I need to remove my foot from my mouth. :oops: I was looking at the wrong documents when I typed my earlier post about expense ratios. VTSAX was lowered to the current 0.04% sometime between April 2016 and April 2017 according to the summary prospectuses, I haven't pulled my prospec...
by depressed
Fri Jul 31, 2020 11:03 am
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 96
Views: 8016

Re: Poor service at Vanguard making me re-think my decision

And can you or anyone else for that matter point to the savings that Vanguard client-owners have realized from Vanguard discontinuing all of those "free" services and benefits? I know I can't. VTSAX has an expense ratio of 0.04%. Do you know what the expense ratio was for VTSAX when it was created ...
by depressed
Tue Jul 21, 2020 4:53 pm
Forum: Personal Investments
Topic: Complementing the S&P with Completion Indexing
Replies: 22
Views: 1395

Re: Complimenting the S&P with Completion Indexing

S&P [noticing that her friend has just arrived]: Oh! Hello, Completion Index.

Completion Index [turning around and seeing S&P]: Oh! Hello, S&P. You're looking particularly stunning tonight.
by depressed
Mon Jul 20, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Cashing in an Inherited I-Bond for Educational Expenses
Replies: 2
Views: 352

Re: Cashing in an Inherited I-Bond for Educational Expenses

Call Treasury Direct. I have never been able to find TD telephone on their webpage, but google Treasury direct phone number. I have found The TD representatives that answer that phone have been very helpful. TD is probably the ones issue the tax document. Thanks for the thought, chemocean. I called...
by depressed
Sun Jul 19, 2020 11:00 am
Forum: Personal Investments
Topic: Why Buy TIPS Bonds Now?
Replies: 19
Views: 1501

Re: Why Buy TIPS Bonds Now?

dbr wrote:
Sun Jul 19, 2020 8:30 am
Note that historically there has been almost no premium for eliminating inflation risk, such as it is.
Wow. I didn't know that either. Thanks.
by depressed
Sun Jul 19, 2020 10:59 am
Forum: Personal Investments
Topic: Why Buy TIPS Bonds Now?
Replies: 19
Views: 1501

Re: Why Buy TIPS Bonds Now?

If you wait until inflation jumps up then that fact will be priced into the TIPS or fund that you can buy after the jump. I haven't owned any TIPS for 4-5 years and don't intend to buy them. I may regret that but I have both intermediate bond funds and CDs with a range of maturities so I should be ...
by depressed
Sat Jul 18, 2020 10:26 pm
Forum: Personal Investments
Topic: Why Buy TIPS Bonds Now?
Replies: 19
Views: 1501

Re: Why Buy TIPS Bonds Now?

The yield on the 10-year TIPS already is negative: -0.82% as of 7/17/2020. Source: https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield. Kevin I didn't know that, but the current negative yield puts an even stronger imperative on the question:...
by depressed
Sat Jul 18, 2020 7:53 pm
Forum: Personal Investments
Topic: Why Buy TIPS Bonds Now?
Replies: 19
Views: 1501

Why Buy TIPS Bonds Now?

I have what is likely a naïve question about TIPS (Treasure Inflation-Protected Securities) bonds. My understanding is that if I now buy a 10-year TIPS bond, then I am locking in a fixed rate near zero percent plus a semi-annual adjustment for inflation. Why would I buy these now? What is the risk i...
by depressed
Sat Jul 18, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Who switched my windshield wiper arms?
Replies: 69
Views: 8703

Re: Who switched my windshield wiper arms?

Someone switched your wipers with their wipers, but messed up the installation on your car in their haste. It was the old switcharoo gone wrong. There is an old poem about that which many may not be familiar with: An Ode to my Windshield Wipers: One day I turned my wipers on And noticed something h...
by depressed
Sat Jul 18, 2020 7:36 pm
Forum: Personal Consumer Issues
Topic: Who switched my windshield wiper arms?
Replies: 69
Views: 8703

Re: Who switched my windshield wiper arms?

22twain wrote:
Thu Jul 16, 2020 11:36 pm
depressed wrote:
Thu Jul 16, 2020 8:17 am
This is essentially the plot of a murder mystery: The Case of the Transposed Wipers by Carolyn Keene.
With teenage sleuth Nancy Drew, right? 8-)
Yes! You have a good memory! It was Case #57 in Grosset & Dunlap's original series!
by depressed
Sat Jul 18, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing in an Inherited I-Bond for Educational Expenses
Replies: 2
Views: 352

Cashing in an Inherited I-Bond for Educational Expenses

Hi, everyone! I have another darned I-Bond question. I understand that under certain circumstances, the owner of an I-Bond (or EE bond) may cash in an I-Bond and exclude the interest from Federal taxes by using the interest income for higher education expenses of himself, spouse, or dependent. But t...
by depressed
Thu Jul 16, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Who switched my windshield wiper arms?
Replies: 69
Views: 8703

Re: Who switched my windshield wiper arms?

This is essentially the plot of a murder mystery: The Case of the Transposed Wipers by Carolyn Keene. In the plot, a woman dies in a car accident in a rainstorm, and the detective soon realizes that the woman's wipe arms had been swapped, leaving an uncovered spot on the windshield that was carefull...
by depressed
Wed Jul 15, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: For me, putting cash into bonds doesn't make sense when I have a mortgage
Replies: 75
Views: 7491

Re: For me, putting cash into bonds doesn't make sense when I have a mortgage

Now when I have taxable money to invest I would normally be putting that cash into bonds since I am underweight there, but I feel stupid putting cash into bonds earning 1.3% when I could be putting it into my mortgage getting a tax free return of 2.75% or an effective pre-tax rate of 4.04%. Hello, ...
by depressed
Sun Jul 12, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: Coffee storage
Replies: 42
Views: 3375

Re: Coffee storage

I buy a two-pound bag of ground beans--can't remember the brand, but it tastes nice. I pour some into a sugar bowl for easy access, and use about one heaping spoonful each morning. When the sugar bowl runs out, I refill it from the bag. I think the bag lasts about ten weeks.
by depressed
Sat Jul 11, 2020 9:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 569
Views: 116805

Re: Vanguard's Wellesley Income fund is incredible

That and as noted ability of Vanguard to leverage income from securities lending help the alpha. Lots of funds lend securities. Does the Vanguard Wellesley Income fund have an edge on securities lending somehow? Perhaps this is relevant to your question, whodidntante. From https://institutional.van...
by depressed
Wed Jul 08, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: drop Spectrum for over-the-air TV
Replies: 19
Views: 1075

Re: drop Spectrum for over-the-air TV

QUESTION: Is there a control I can get that will let you select the way you can with the cable controller? I didn't see anyone who actually answered your question. You probably need an old person like me. The answer is yes: The remote control my digital tv has all ten digits and a decimal point on ...
by depressed
Sat Jun 27, 2020 8:05 pm
Forum: Personal Consumer Issues
Topic: Excel nested array formula question
Replies: 7
Views: 838

Re: Excel nested array formula question

Hello, Tamales. Start by noticing the innermost subformula in the entire formula. The {SEARCH(C3,$C$57:$C$106)} is the innermost subformula. It returns an array of fifty values. If one of the values in the range $C$57:$C$106 is equal to C3, then the corresponding value in the return array (from {SEA...
by depressed
Thu Apr 02, 2020 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Problem Creating an Inherited IRA for the Benefit of the Estate
Replies: 6
Views: 450

Re: Problem Creating an Inherited IRA for the Benefit of the Estate

Actually, the Secure Act does not change the RMD rules for non designated beneficiaries, such as estates. They remain as before, the 5 year rule when IRA owner passed prior to RBD. In his case he passed well after his RMD, therefore the inherited IRA (whether it remains in the name of the estate or...
by depressed
Thu Apr 02, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Problem Creating an Inherited IRA for the Benefit of the Estate
Replies: 6
Views: 450

Re: Problem Creating an Inherited IRA for the Benefit of the Estate

Hopefully, they have an open mind and don't stonewall by asking for a specific PLR for this case. As for the RMDs, whether the inherited IRAs are able to be created or the RMDs instead are paid to the estate, the distribution period is the same and will be based on Charlie's age that would have bee...
by depressed
Thu Apr 02, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Problem Creating an Inherited IRA for the Benefit of the Estate
Replies: 6
Views: 450

Re: Problem Creating an Inherited IRA for the Benefit of the Estate

This is the type of poor result encountered when a retirement plan is left to the estate. Since he apparently passed after his required beginning date (RBD), the beneficiaries under his will or intestate beneficiaries according to state law are entitled to take annual RMDs over his remaining life e...
by depressed
Tue Mar 31, 2020 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Problem Creating an Inherited IRA for the Benefit of the Estate
Replies: 6
Views: 450

Problem Creating an Inherited IRA for the Benefit of the Estate

Hello. It's me again. I'm slowly working through various tasks as executor for my Uncle Charlie's estate, and I have run into a difficulty at the bank that holds his IRA. The problem is that he did not designate any specific beneficiaries on the IRA. So, I found https://www.irahelp.com/slottreport/w...
by depressed
Sun Mar 15, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: When Can a Living Trust Be Terminated after Death?
Replies: 2
Views: 303

Re: When Can a Living Trust Be Terminated after Death?

Many thanks for the information, Sandwich. As you might guess, I just recently learned about the IRS Form 56, but I have not found definitive language on whether I must file this form in my situation--or to be more precise, to file two of these forms, one as the executor of the estate and the other ...
by depressed
Sun Mar 15, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: When Can a Living Trust Be Terminated after Death?
Replies: 2
Views: 303

When Can a Living Trust Be Terminated after Death?

Hello again. I am the executor for my uncle's estate and successor trustee for his Living Trust. Uncle Charlie lived in a retirement community with a buy-in fee that will be partly refunded to the Living Trust . . . eventually. It could be up to two years before that payment is made. Do I need to ke...
by depressed
Thu Mar 05, 2020 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

I agree with Ping Pong which is why I suggested a modest premium at $30,000. Gill I was reading along and thinking pretty much the same thing as PingPing. Why is he getting it all now and poor Alice has to wait years and years for her share. If it was me, Bob would get 1/2 of the present value of t...
by depressed
Thu Mar 05, 2020 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

The way people in this thread are valuing it, poor Alice has to hand over most of the delayed value to Bob today. In order for her to not end up at the short end of the stick, she has to then hold Bob’s half for 11 years. It’s like she’s loaning him money at current treasury rates. I’d say if Bob c...
by depressed
Wed Mar 04, 2020 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

bsteiner wrote:
Wed Mar 04, 2020 8:59 pm
depressed wrote:
Wed Mar 04, 2020 8:05 pm
...
Based on your estate experience (which I have seen on this board), do you know whether the the probate court is likely to have any special requirements in my valuation?
If there’s no dispute the court shouldn’t care.
That puts my mind at ease! Thank you!
by depressed
Wed Mar 04, 2020 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

What I'm asking is how would you calculate a more exact fair value than my seat-of-the-pants guess? Look at it all in real dollar terms (according to the Treasury) assuming either cousin could roll new money into new I bonds. The other cousin would be able to buy I-bonds with a 0% real coupon with ...
by depressed
Wed Mar 04, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

The FMV of a savings bond is the present redemption value, plus the differential value between the current treasury with the same residual term and a virtual treasury having a yield equal to the savings bond, if larger than zero. In your case it is 26k plus the difference in value of a 26k 11 year ...
by depressed
Wed Mar 04, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

Gill wrote:
Wed Mar 04, 2020 8:32 pm
Depressed, where did your last post go??
Gill
Sorry, Gill. I realized what you were saying, so I tried to just rewrite my last post as a thank you rather than ask misleading questions. You have been extremely helpful to me tonight.
by depressed
Wed Mar 04, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

I agree with bsteiner. It appears no one else is affected by whatever amount is agreed upon. With the ten-year Treasury being at less than 1% this bond should command a premium. I would ball park the value at about $30,000. I think you’re way too high at $38,000. The probate court won’t care what t...
by depressed
Wed Mar 04, 2020 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Re: Present-Value of an I-Bond in an Estate

Whatever Alice and Bob agree to. Thanks for the info. Happily, they have already agree to whatever value I assign to the I-Bond. Based on your estate experience (which I have seen on this board), do you know whether the the probate court is likely to have any special requirements in my valuation? T...
by depressed
Wed Mar 04, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Present-Value of an I-Bond in an Estate
Replies: 28
Views: 1038

Present-Value of an I-Bond in an Estate

Hello, Everyone. I have a small problem. I am the executor for my uncle's estate. One of the items in the estate is this paper I-Bond: Bought in October 2001 for a face value of $10,000. Matures in October 2031. Fixed annual interest rate: 4.42% (plus a varying amount for an inflation adjustment) Cu...
by depressed
Fri Feb 14, 2020 6:53 pm
Forum: Investing - Theory, News & General
Topic: [Market is acting like late August, 2000, or late October, 2007]
Replies: 82
Views: 7269

Re: It's starting to smell like

MotoTrojan wrote:
Fri Feb 14, 2020 6:25 pm
depressed wrote:
Fri Feb 14, 2020 6:09 pm
I shifted down from my usual asset allocation to 15% stock at the market close yesterday and I slept much better than usual last night.
What’s usual?
Lately, "usual" has meant waking around 2 to 3am and not getting back to sleep until 5 or 6.
by depressed
Fri Feb 14, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: [Market is acting like late August, 2000, or late October, 2007]
Replies: 82
Views: 7269

Re: It's starting to smell like

I shifted down from my usual asset allocation to 15% stock at the market close yesterday and I slept much better than usual last night.
by depressed
Fri Feb 14, 2020 2:05 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 518
Views: 71388

Re: Your USER NAME...what does it mean?

It is what it is. I have come to live peacefully with it.
by depressed
Wed Feb 12, 2020 9:28 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1569
Views: 206872

Re: Post your Financial Milestone Announcements Here

Just hit the milestone of $1,345,269. Next goal: $2,178,309. I spent too long staring at these numbers trying to divine their significance. With a few of the leading digits transposed, I saw your current milestone as pi and your next goal as e . I'm sure it would have popped out at you right away, ...
by depressed
Wed Feb 12, 2020 9:03 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1569
Views: 206872

Re: Post your Financial Milestone Announcements Here

Just hit the milestone of $1,345,269. Next goal: $2,178,309. Shouldn't you wait until you hit $1,346,269? :wink: After $2,178,309, your next goal could be $3,524,578. Yes, you are quite right! In my zeal to share my landmark milestone, I mistyped. The balance did indeed reach $1,346,269 today, so m...
by depressed
Wed Feb 12, 2020 6:29 pm
Forum: Investing - Theory, News & General
Topic: Can a company buy itself?
Replies: 31
Views: 2059

Re: Can a company buy itself?

It looks like the answer is “no” because laws would prevent the company from acquiring more than a certain % of its total market cap. https://en.wikipedia.org/wiki/Treasury_stock#Limitations_of_treasury_stock In practice, long before something like this is viable the company would either be acquire...
by depressed
Wed Feb 12, 2020 6:25 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1569
Views: 206872

Re: Post your Financial Milestone Announcements Here

Just hit the milestone of $1,345,269. Next goal: $2,178,309.
by depressed
Wed Feb 12, 2020 5:17 pm
Forum: Investing - Theory, News & General
Topic: Can a company buy itself?
Replies: 31
Views: 2059

Re: Can a company buy itself?

This kind of legal entity already exists and is just called a taxable nonprofit corporation (or "nonstock" corporation in Delaware). A nonprofit corporation is not automatically tax-exempt. It needs to meet the requirements of one of the categories enumerated in the Internal Revenue Code (501(c)(2)...