Search found 262 matches

by MisterMister
Mon Dec 09, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1267246

Re: What Movie Have You Recently Watched?

I don't see a lot of movies in the theatre, but three favs from the last year: 1. Linda Ronstadt documentary--It's not a great documentary in itself, being very chronological: "And then and then and then." But her voice sweeps all away before her. . . . I thought it was excellent. Also, anyone who ...
by MisterMister
Tue Dec 03, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

It appears there is some confusion between whether it's physically possible to install the program on many computers and whether installing the program on many computers would violate the program's license agreement. There's also the question of whether it's physically possible to use the program t...
by MisterMister
Sat Nov 30, 2019 3:42 pm
Forum: Personal Investments
Topic: Which bet: ACA PTC maximization vs. Roth Conversion
Replies: 3
Views: 249

Re: Which bet: ACA PTC maximization vs. Roth Conversion

marcopolo, dodecahedron, thanks for your insights, which support my initial notion that this is an easy win for option 1. This says we're ready to move ahead with re-enrollment and we'll be able to knock those premiums down a chunk.
by MisterMister
Sat Nov 30, 2019 2:10 pm
Forum: Personal Investments
Topic: Which bet: ACA PTC maximization vs. Roth Conversion
Replies: 3
Views: 249

Which bet: ACA PTC maximization vs. Roth Conversion

I have two options I am considering. I am deferring SS for two more years after which both SS & RMDs kick in. As things stand it appears our marginal bracket while spouse and I are both living will always be no greater than 12% under current law . This, even if SS were fully taxable. During the next...
by MisterMister
Sat Nov 30, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: ACA PTC for partial year participation
Replies: 7
Views: 490

Re: ACA PTC for partial year participation

Thanks to Katietsu and all others. The response below is pretty much inline with what I expected the case to be. As it happens, I'm not even sure the employer-offered plan will meet minimum requirements of value and affordability. In that case we can apparently opt for ACA instead of the employer pl...
by MisterMister
Fri Nov 29, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: ACA PTC for partial year participation
Replies: 7
Views: 490

ACA PTC for partial year participation

ACA offers premium tax credits but these are not available for people who are eligible for coverage at work. Say someone works for 6 months (Jan-Jun, say), during which time they are not eligible for an employee plan. And during this time they use ACA coverage. In July they become eligible for cover...
by MisterMister
Fri Nov 29, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

For those who did the NewEgg deal, do you download it from the real H&R Block website? I purchased from Walmart a few years ago and the download link went to a third party site that looked sketchy to me, so I refused to download it. Purchasing from Amazon, my recollection is I downloaded either fro...
by MisterMister
Fri Nov 29, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

You'll discover some things are not quite ready for prime-time if you start running some numbers. To be expected. For me the most annoying thing so far is they are using a $6500 limit for age>50 IRA deposits instead of $7000 (despite the instructions which state the correct amount). This results in ...
by MisterMister
Fri Nov 29, 2019 3:48 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

Newegg just emailed a Black Friday only sale with the two offers with State below (download or CD) for $19.95. I will wait until later in the year in hopes to get a lower price, but this is a good deal for those who want the software sooner. H&R BLOCK Tax Software Deluxe + State 2019 Windows - Down...
by MisterMister
Thu Nov 28, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

Looks like I would be well served switching from Turbo to H&R. Which version of the H&R is best for someone with both 1099 and w-2 income? We also sold some mutual funds this year. Happy Turkey day to all my fellow BH! If by 1099 you mean you need Schedule C, then you need the Premium edition. If n...
by MisterMister
Thu Nov 28, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

Looks like I would be well served switching from Turbo to H&R. Which version of the H&R is best for someone with both 1099 and w-2 income? We also sold some mutual funds this year. Happy Turkey day to all my fellow BH! If by 1099 you mean you need Schedule C, then you need the Premium edition. If n...
by MisterMister
Thu Nov 28, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

myleaf wrote:
Thu Nov 28, 2019 9:33 am
Black Friday Pricing on Amazon Now
Yes, down to $24.97 for Deluxe, fed+state, the question is: is that the bottom before sales end?
by MisterMister
Thu Nov 28, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21256

Re: H&R BLOCK Pre-Order 2019 Software Offer

Also, Deluxe Federal only download for Mac or PC is $14.97 at Amazon now. Just grabbed the Mac version. That's tempting but that excludes not only state e-file, but the state return itself? Admittedly my state return is vastly simpler but it's still annoying to have to re-enter data and risk new er...
by MisterMister
Mon Nov 11, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1267246

Re: What Movie Have You Recently Watched?

Elric wrote:
Sun Sep 22, 2019 9:05 pm
DW and I saw the documentary "Linda Ronstadt: The Sound of My Voice" in the theater earlier tonight. :thumbsup :thumbsup
Just got around to seeing that the past weekend. Really glad I saw it before the run ended. Outstanding; I really enjoyed it.
by MisterMister
Wed Oct 30, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 314
Views: 29226

Re: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale

29.95 is not bad but I'll wait until BF again. Who knows it could be $18 again. Sure won't need it before then.
by MisterMister
Tue Sep 24, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3535

Re: CMS direct debit hit twice [Medicare]

I don't plan to move away from Easy Pay, either. Insurance payments are just too important to be missed due to illness, emergency, etc. So I won't move to push. The thing is, there is no excuse for this to have happened in the first place. If the payment system is properly designed it should have a ...
by MisterMister
Mon Sep 23, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3535

Re: CMS direct debit hit twice [Medicare]

Can anyone who is on EasyPay and not yet drawing SS confirm that they were not double-charged in September?

I am wondering if everyone in the country in the category was double-billed. That would be an error of massive proportion.
by MisterMister
Sat Sep 21, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3535

Medicare Double Billing

Like many people, I have ACH pull set up to simplify my bills. Also like most, I am aware of the associated risks and deem them worth the convenience. I am using pull ACH for utility companies and insurance payments, including Medicare (via their EasyPay). Of all the people I am paying, the one I fe...
by MisterMister
Thu Aug 15, 2019 9:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

ruralavalon wrote:
Thu Aug 15, 2019 5:42 pm
...
Also he didn't know what the word "fiduciary" meant.
Then I pray he is not one.
by MisterMister
Thu Jun 20, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

What's to say? This is the free fall thread. This thread will have its day soon enough and when it does we can still be thankful for times like the past few weeks. If it's tempting to break out the party noisemakers, remember that all parties do come to an end.
by MisterMister
Fri Jun 07, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

I predict the market's "bad news = good news" assessment that a terrible jobs report is actually good news may not last the day. I doubt it. Today's news seems to make it more likely that the Fed will at least halt rate hikes for a while. Valid point but I'd think "no hikes" were baked in a while a...
by MisterMister
Fri Jun 07, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

I predict the market's "bad news = good news" assessment that a terrible jobs report is actually good news may not last the day. I doubt it. Today's news seems to make it more likely that the Fed will at least halt rate hikes for a while. Valid point but I'd think "no hikes" were baked in a while a...
by MisterMister
Fri Jun 07, 2019 9:08 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

I predict the market's "bad news = good news" assessment that a terrible jobs report is actually good news may not last the day. If I'm wrong, we get a day where both stocks and bonds do very well. A man awakens from surgery where his leg has been amputated. His doctor is there. His doctor says I ha...
by MisterMister
Thu May 16, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

It's a good day for the markets. I've noticed market timers are somewhat like gamblers. You hear about it when they are winning, but you can hear crickets in the background when they're losing. I try to avoid the temptation of market timing (both doing it and talking about it).
by MisterMister
Sat May 11, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

This is so close to reality that it's almost not funny. Almost. https://rogermontgomery.com/wp-content/uploads/2016/06/Screen-Shot-2016-06-21-at-4.28.19-PM.png Reminds me of a cartoon I saw being drawn by a cartoonist being interviewed on TV. It depicted two politicians, each pointing at the other ...
by MisterMister
Thu May 09, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: where to keep "extra" money?
Replies: 19
Views: 2344

Re: where to keep "extra" money?

Well if you expect to use the money in 5 years or less, ultra conservative could be the way to go. If so, here are a few options: 1. Short term treasury bonds at about 2.4% (a nuisance to track, I no longer use them). 2. CDs (one year CDs seem to be the sweet spot at about 2.7%). 3. Vanguard Prime ...
by MisterMister
Thu May 09, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146416

Re: U.S. stocks in free fall

J G Bankerton wrote:
Thu May 09, 2019 8:46 am
VTI executed at 146 and still falling. I moved cash from my "emergency" fund because when the VIX is high it is time to buy.
Is the VIX high? :confused
Compared to yesterday, or tomorrow?

The future looks bright (for a higher VIX).
by MisterMister
Wed May 08, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: where to keep "extra" money?
Replies: 19
Views: 2344

Re: where to keep "extra" money?

Well if you expect to use the money in 5 years or less, ultra conservative could be the way to go. If so, here are a few options: 1. Short term treasury bonds at about 2.4% (a nuisance to track, I no longer use them). 2. CDs (one year CDs seem to be the sweet spot at about 2.7%). 3. Vanguard Prime M...
by MisterMister
Fri May 03, 2019 1:52 pm
Forum: Personal Investments
Topic: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?
Replies: 32
Views: 2810

Re: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?

...The maturity date is roughly 3 months from now, so this is the auction for the 3 month bill. No, this is not an auction. The bond was auctioned in February (settlement). This is a secondary market resale. The buyer gets the interest on the remaining term of the six month bond. EDIT: To be more c...
by MisterMister
Fri May 03, 2019 1:33 pm
Forum: Personal Investments
Topic: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?
Replies: 32
Views: 2810

Re: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?

...The maturity date is roughly 3 months from now, so this is the auction for the 3 month bill. No, this is not an auction. The bond was auctioned in February (settlement). This is a secondary market resale. The buyer gets the interest on the remaining term of the six month bond. EDIT: To be more c...
by MisterMister
Fri May 03, 2019 1:29 pm
Forum: Personal Investments
Topic: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?
Replies: 32
Views: 2810

Re: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?

OK so now, on 5/3, a new 3 mo Tbill (for auction) shows up at Fidelity. Here are some of the details: (The page with the large table shows 3 mo Tbills as being at 2.4%) CUSIP 912796SC4 Maturity Date 08/08/2019 Issue Date 02/07/2019 <---- This is confusing, why Feb. rather than May? (are all Treasur...
by MisterMister
Fri May 03, 2019 8:21 am
Forum: Personal Investments
Topic: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?
Replies: 32
Views: 2810

Re: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?

How does this work for state income taxes? Does the 1099 show the dividends as tax-exempt, or do you end up having to figure that out? Firstly, I forgot to mention that VUSXX has a minimum initial purchase of 50K. Sorry for that omission. There are alternatives such as VMMXX without the high minimu...
by MisterMister
Fri May 03, 2019 12:02 am
Forum: Personal Investments
Topic: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?
Replies: 32
Views: 2810

Re: I tried to use Fidelity to buy a Treasury Bill today - did I do it correctly?

I have some savings parked in SPAXX (2.07% yield) and I recently read about the concept of buying Treasury Bills (around 2.43% yield for a 4 Week right now) so I wanted to dip a toe in the water and try it. I waited until today's auction (Thursday) per the Treasury Announcement. I logged into Fidel...
by MisterMister
Fri Apr 26, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1267246

Re: What Movie Have You Recently Watched?

"The Mustang", a new release directed by Robert Redford about a convict's participation in a wild horse training program. It's probably not going to see a very wide release, so opportunities to see it may be limited until it's available online. I enjoyed it very much; Matthias Schoenaerts (an actor ...
by MisterMister
Fri Apr 26, 2019 9:04 pm
Forum: Personal Investments
Topic: What to do? Sitting on the bench since October
Replies: 66
Views: 7690

Re: What to do? Sitting on the bench since October

Seems like a lot of guys are saying things like this now, where they regret not owning stocks now that market is high. I'm not sure if that's a bullish or bearish sign. My guess -- and it's just that, a guess -- is that it means that stocks are going to go up a bit more in the near-ish future. Ther...
by MisterMister
Fri Apr 26, 2019 9:56 am
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

I share the concerns of those who have posted about the difficulties of dealing with TreasuryDirect. For those of us who are still willing to accept the risks of holding electronic bonds at TD, and want to make matter simple for our surviving spouse, let me summarize my understanding based on my own...
by MisterMister
Wed Apr 24, 2019 4:53 am
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

My biggest concern with TD right now is how DW will deal with it when I die. It would be nice to have everythign in her account when this happens. Right now I'm maxing purchasing i-bonds in both of our names up to the annual purchase limit. What do you think of the following: 1) Purchase annual lim...
by MisterMister
Tue Apr 23, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: AA Question: How to represent cash in allocation
Replies: 13
Views: 888

Re: AA Question: How to represent cash in allocation

Thanks all. 17% is not my overall current cash allocation. It's quite a bit higher, but I want to target it down to 17% because I still want a hedge against having to sell longer term stocks/bonds at a loss during an extended downturn. So some excess cash will be used to purchase other assets. Assum...
by MisterMister
Tue Apr 23, 2019 1:20 pm
Forum: Investing - Theory, News & General
Topic: AA Question: How to represent cash in allocation
Replies: 13
Views: 888

AA Question: How to represent cash in allocation

Newly retired. I'm about to do some planning for re-balancing. I've learned to keep things simple and want to use a conventional three-fund portfolio. I am planning the following mix, and I am mostly there: 40 /60, where the 40% stocks is comprised of the sum of 32% total US + 8% total international...
by MisterMister
Wed Apr 10, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 195
Views: 21302

Re: Wife hates new job...wants to quit after 1 day

...that a hiring freeze had put in place. She had been hired to build up a new 14-person team but that was on hold for at least the next 6 months and we’re “going to need to figure out what to do with you.” Reworded: "We've no need for you any more and we'd like to let you go right now but we have t...
by MisterMister
Thu Mar 21, 2019 11:59 pm
Forum: Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 16
Views: 4650

Re: MetLife demutualization shares cost basis

... On the other hand, metlife website says under FAQ to put the cost basis as zero, but maybe they just don't want to get sued lol! No wonder this is a mess. ... Right, well see my 5PM post from yesterday with this: https://www.currentfederaltaxdevelopments.com/blog/2015/12/11/stock-received-in-de...
by MisterMister
Thu Mar 21, 2019 5:06 pm
Forum: Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 16
Views: 4650

Re: MetLife demutualization shares cost basis

Zombie thread warning (please check dates): OP, did you sell and did you use the cost basis of $14.25 per share? A relative is looking to sell and has been asking. Sounds like the 2008 ruling negates the "cost basis = 0" ruling. I am not the OP, but: The 2008 ruling has been thrown out by higher co...
by MisterMister
Thu Mar 21, 2019 5:00 pm
Forum: Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 16
Views: 4650

Re: MetLife demutualization shares cost basis

The most recent information I can find is here: https://www.currentfederaltaxdevelopments.com/blog/2015/12/11/stock-received-in-demutualization-has-zero-basis-per-ninth-circuit-creating-split-with-federal-circuit The last few paragraphs imply that an audited return will see a rejection of cost basis...
by MisterMister
Thu Mar 21, 2019 4:47 pm
Forum: Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 16
Views: 4650

Re: MetLife demutualization shares cost basis

https://www.irs.gov/taxtopics/tc430 Topic 430 - Receipt of Stock in a Demutualization A mutual insurance company is owned by its policyholders whose ownership interests do not exist in the form of stock. The insurance policy sets the terms of the policyholder’s ownership. When a mutual insurance co...
by MisterMister
Thu Mar 21, 2019 4:40 pm
Forum: Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 16
Views: 4650

Re: MetLife demutualization shares cost basis

I'm resurrecting my zombie post.... (sorry I didn't have it bookmarked so didn't notice daveydoo's previous resurrection post). I found documentation that convinces me that I can use a cost basis of $14.25. The shares are non-covered, meaning ComputerShares isn't tracking their cost basis. I grabbe...
by MisterMister
Thu Mar 21, 2019 12:07 pm
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

If the co-owner is granted "Transact Rights", I believe he/she can move the securities to their own TD account online and without the use of the 5511 form. This is *not* the default setup for co-owners. See https://www.treasurydirect.gov/indiv/help/TDHelp/howdoi.htm, "How do I grant View and Transa...
by MisterMister
Thu Mar 21, 2019 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Buying I bonds - what is the purpose of Registration on TD website
Replies: 24
Views: 3109

Re: Buying I bonds - what is the purpose of Registration on TD website

OP had question about what happens if the owner of the bond is incapacitated and another question on what happens in event of death - these are 2 different situations. I don't think the "incapacitated" question was answered - I don't know the answer and would be interested. On the other question, a...
by MisterMister
Wed Mar 20, 2019 10:56 am
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

My biggest concern with TD right now is how DW will deal with it when I die. It would be nice to have everythign in her account when this happens. Right now I'm maxing purchasing i-bonds in both of our names up to the annual purchase limit. What do you think of the following: 1) Purchase annual lim...
by MisterMister
Wed Mar 20, 2019 5:02 am
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

How do you even setup POD at TD? I can't figure it out. I tried to go through the process and it seemed to be setting up a co-owner instead. Edit the registration, click the "Add New Registration" button. Another poster posted a link to full the instructions above (see post by Angst). I may be misu...
by MisterMister
Tue Mar 19, 2019 3:41 pm
Forum: Personal Investments
Topic: TreasuryDirect - Don't let your survivor lose assets
Replies: 53
Views: 5378

Re: TreasuryDirect - Don't let your survivor lose assets

...but when I tried to redeem one of the bonds, I received a "treasurydirect not available" error... It's a very misleading error message. Treasury Direct presents that error message all the time. It is very commonly a result of using a back arrow on your browser or otherwise navigating in some oth...