Search found 7126 matches

by jebmke
Sun Jan 14, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8880

Re: Why is Vanguard switching all accounts to brokerage accounts?

BTW, I just noticed that the December 2017 statement for my brokerage account is titled "December 31, 2017, year-to-date statement". But it's not; it's only for December. I wonder if they meant it to contain all the year's transactions (like the mutual fund EOY statement) but messed up ? One of the...
by jebmke
Sun Jan 14, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 61
Views: 3627

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

MarvinK wrote:
Sun Jan 14, 2018 3:42 pm
International travel purchases and needs
Cash is still king.
But how often is that an emergency? I usually know ahead of time if I am leaving the country. I've never had to beat feet at the last minute.
by jebmke
Sun Jan 14, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 61
Views: 3627

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

I wrecked my car once. Did not have collision insurance. Needed cash quick to buy replacement vehicle. Probably not generalizable but we bought a new car last month. Zero percent financing. They were going to accept our AMEX for the down payment but then noticed that they could use the manufacturer...
by jebmke
Sun Jan 14, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 86
Views: 4338

Re: Looking for a reasonably priced, safe international destination

I'd consider Ireland. Often pretty decent flights in and out of Dublin or Shannon.

Depending on the budget I'd add Amsterdam. English spoken pretty widely, quite diverse population.
by jebmke
Sun Jan 14, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2036

Re: Do you correct cashier mistakes?

if I catch it, always.
by jebmke
Sat Jan 13, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Tax Exempt Bond Funds - Considerations after Tax Reform
Replies: 12
Views: 1787

Re: Tax Exempt Bond Funds - Considerations after Tax Reform

David, Thanks! That makes a lot of sense. The other thing that strikes me is that there is more incentive now to move taxable income to tax-exempt bonds for people who are nearing 157K in taxable income because of that sharp 8% surge in the tax rate that kicks in at that level, from 24% to 32%. The...
by jebmke
Sat Jan 13, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Quick question on paying Estimate Tax
Replies: 5
Views: 434

Re: Quick question on paying Estimate Tax

Looks like Pay1040 is a commercial service and the credit card fees are significant. I'd also recommend EFTPS or direct pay (via the IRS.gov site) - there is no fee involved.
by jebmke
Sat Jan 13, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Pub 590B [Uniform Lifetime Table update?]
Replies: 5
Views: 332

Re: Pub 590B

I think the chance of their having been a change to the tables without quite a bit of advanced announcement is pretty low. Plus, the calculation is basically X divided by Y - there isn't a lot of crunching involved unless I missed something.
by jebmke
Fri Jan 12, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: First time Medicare question
Replies: 18
Views: 884

Re: First time Medicare question

The $183 is conspicuously the same as the Part B deductible. If you have Plan F, the gap insurance may cover it. If you have G it is probably on you.
by jebmke
Fri Jan 12, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: First time Medicare question
Replies: 18
Views: 884

Re: First time Medicare question

It may have more to do with the office billing policy. I had a physical (non medicare) last month. They gave me a financial disclosure that indicated that they would bill separately if there were any specific medical issues addressed in the physical. My insurance covers the cost of the physical.
by jebmke
Fri Jan 12, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 45
Views: 2401

Re: Keeping sensitive documents in the cloud -- bad idea?

But can you access these files from the browser from a different computer? For clusters of small, related documents I combine them in a 7Zip file with a long encryption key. For a general encryption, I have used Boxcryptor with good success. It takes a bit of time to set up but once it is set up it...
by jebmke
Fri Jan 12, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: When the Fed stops what do you do?
Replies: 17
Views: 2285

Re: When the Fed stops what do you do?

What if inflation jumps to 15%?
by jebmke
Fri Jan 12, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Interest during ACH transfers
Replies: 4
Views: 245

Re: Interest during ACH transfers

You don't any earn interest during the time when the transfer is in "limbo". The interest lost during this time is used to compensate the financial institution actually performing the transfer. Your bank can offer next-day ACH transfers, but this is more expensive to the bank. I think most banks ar...
by jebmke
Fri Jan 12, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Interest during ACH transfers
Replies: 4
Views: 245

Re: Interest during ACH transfers

Been a long time since I have not had ACH transactions clear in 24 hours.
by jebmke
Fri Jan 12, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 45
Views: 2401

Re: Keeping sensitive documents in the cloud -- bad idea?

Should still be encrypted. Flash drives are not secure. Plus they are easy to lose.
by jebmke
Fri Jan 12, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: RE Tax payment sent in December but posted in Jan
Replies: 9
Views: 589

Re: RE Tax payment sent in December but posted in Jan

I still haven't seen my Q4 state income tax payment clear -- now 18 days since I mailed it. I sent a snarky email to the Comptroller's office about their sloppy cash management practices. In my working days I would have relieved a country controller who let cash sit around this long without depositi...
by jebmke
Fri Jan 12, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 45
Views: 2401

Re: Keeping sensitive documents in the cloud -- bad idea?

I'm going start polling people if their time is too valuable to take local backups. Exactly how much time is involved? Can't you do it while watching TV? Or while sleeping at night. Yes; I have two processes that trigger after midnight. One runs a sync of my data to a mirror on my local NAS. The ot...
by jebmke
Fri Jan 12, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal vs Yield as Income
Replies: 41
Views: 2074

Re: 4% Withdrawal vs Yield as Income

Thanks for the quick replies. Yes I get all of the above, but what I am talking about and is often overlooked on the forum is that an index like VTSAX also offers a dividend yield of 1.75% currently. This div yield actually goes up in-times of crisis due to companies wanting to attract investors. S...
by jebmke
Fri Jan 12, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal vs Yield as Income
Replies: 41
Views: 2074

Re: 4% Withdrawal vs Yield as Income

Well, the simple answer is that taking only 2% means you have to work/save longer to retire compared to taking 4%. Either that or decide that you want the remaining pile to be bigger when you croak. It is simple math. The trap is the mental accounting of looking at the dividends as somehow different...
by jebmke
Fri Jan 12, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Yahoo Mail: Delete Not Working
Replies: 23
Views: 1047

Re: Yahoo Mail: Delete Not Working

Works ok for me - Firefox 64bit.
by jebmke
Fri Jan 12, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1667

Re: wild bird feed

We have had one of these for years and squirrels have never figured out how to get to the seed.

http://www.duncraft.com/Original-Absolu ... rrel-Proof
by jebmke
Thu Jan 11, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1667

Re: wild bird feed

Hummingbirds will come to a hummingbird feeder. We normally put one out in the spring. There is a web site that tracks the migration so when they get to Virginia I put out the feeder - usually in April some time (I am in Maryland). The HBs hang around and nest in our oak trees. They usually leave in...
by jebmke
Thu Jan 11, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Mandatory IRA distributions. The IRS will take my money away!!
Replies: 29
Views: 1904

Re: Help with Mandatory IRA distributions. The IRS will take my money away!!

One of the best ways to get around the taxes is to give large portions of the distributions away to charities. The first $100K per year can go out as QCDs when you turn 70.5 so this income won't even hit your MAGI. Over $100K and you're looking at charitable deductions on Schedule A.
by jebmke
Thu Jan 11, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1667

Re: wild bird feed

We found that the mixes with millet attract house sparrows which are mean, useless birds that are not native. We use safflower and sunflower hearts (shelled sunflowers) mixed around 50/50 in the main feeder and a peanut based suet in the suet feeder. The house sparrows don't seem to like safflower s...
by jebmke
Thu Jan 11, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 45
Views: 2401

Re: Keeping sensitive documents in the cloud -- bad idea?

For clusters of small, related documents I combine them in a 7Zip file with a long encryption key.

For a general encryption, I have used Boxcryptor with good success. It takes a bit of time to set up but once it is set up it is pretty much hands off.
by jebmke
Tue Jan 09, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Pre-Medicare Health Expenses and Savings Multiple
Replies: 9
Views: 658

Re: Pre-Medicare Health Expenses and Savings Multiple

Depending on your income, your Medicare numbers may be low. As I was just discussing in my prior response, I should be OK on IRMMA if I keep taxable income to $77K. I think first step-up occurs at $170K for married, correct? Yes, I think the first break is $170 but it is MAGI, not taxable income.
by jebmke
Tue Jan 09, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: Pre-Medicare Health Expenses and Savings Multiple
Replies: 9
Views: 658

Re: Pre-Medicare Health Expenses and Savings Multiple

Depending on your income, your Medicare numbers may be low. I had a retiree plan from work (partly subsidized). Because of IRMAA my Medicare all-in costs will not be significantly different from my retiree all-in costs. If I throw in uninsured stuff like dental, glasses (eventually hearing aids for ...
by jebmke
Mon Jan 08, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA money or pay out of pocket?
Replies: 36
Views: 2825

Re: Use HSA money or pay out of pocket?

miamivice wrote:
Mon Jan 08, 2018 6:54 pm
Can you explain what you mean by "save paper" and "administrative burden"?
By this I mean saving all the receipts from medical expenses over the years to cash in later.
by jebmke
Mon Jan 08, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA money or pay out of pocket?
Replies: 36
Views: 2825

Re: Use HSA money or pay out of pocket?

I think it depends how close you are to retirement (ie., what is the opportunity) and how much you want to deal with the administrative burden. I saved paper for a few years but then later decided to just process it on a yearly basis and reimburse myself. I didn't want the administrative hassle down...
by jebmke
Mon Jan 08, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: App that saves webpages for offline reading
Replies: 6
Views: 442

Re: App that saves webpages for offline reading

Pocket or Evernote. I use Evernote because I use it for various other stuff I save.
by jebmke
Mon Jan 08, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Overwhelmed with how to handle taxes on large inherited portfolio.
Replies: 24
Views: 1618

Re: Overwhelmed with how to handle taxes on large inherited portfolio.

I manage my own and do my own taxes. I generally look at what I am expecting in the new year. If I expect my income to be stable or increasing, I normally set up automatic estimated payments for the first three quarters in EFTPS in an amount that will satisfy the safe harbor rules based on prior yea...
by jebmke
Sun Jan 07, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17556

Re: Memo to those who have won the game: it's time to quit playing

Call_Me_Op wrote:
Sun Jan 07, 2018 4:57 pm
It's "IPS", but we won't count that as a slip.
With the Meltdown flaw, perhaps his ISP will tell them what to do.
by jebmke
Sun Jan 07, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17556

Re: Memo to those who have won the game: it's time to quit playing

bhsince87 wrote:
Sun Jan 07, 2018 1:42 pm
Keep in mind CAPE is still being impacted by the horrible earnings of 2008 and 2009.
Will they filter out the hits from write-offs of deferred tax assets going forward?
by jebmke
Sun Jan 07, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1214

Re: Recommendations for 72 hours in Dublin, Ireland

National Museum of Ireland.
by jebmke
Sun Jan 07, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Recessions in the USA (list) - Where are we now? Actionable Steps?
Replies: 31
Views: 2458

Re: Recessions in the USA (list) - Where are we now? Actionable Steps?

If still working, improve on the job performance so your human capital is well respected and admired by higher administration. Yes, and continue to develop/expand skills and experience. Several times I took what were essentially lateral job opportunities to get a different experience and expand my ...
by jebmke
Sun Jan 07, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17556

Re: Memo to those who have won the game: it's time to quit playing

CULater wrote:
Sun Jan 07, 2018 9:42 am
But if you don't really need to take much market risk anymore, it seems to me this is not a good time to continue to do so.
I suppose one could argue that this is a true statement no matter what the valuations are. That was my approach when I retired in 2007.
by jebmke
Sun Jan 07, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17556

Re: Memo to those who have won the game: it's time to quit playing

I am letting my asset allocation to equities drift higher and not rebalancing into bonds. I don't keep any cash around either. I actually don't mind losing money because it creates fantastic opportunities. Same here. Also, I burned through my carryover losses. Not eager to have any income. If a bun...
by jebmke
Sun Jan 07, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Overpayment on W2. Please help.
Replies: 13
Views: 1020

Re: Overpayment on W2. Please help.

Not a lawyer or tax guy, but I always thought section 1341 of the tax code would make you whole, seeing you will need to repay the $9,000. Maybe you’ll get a credit in 2018 for the additional tax you pay on your 2017 return? Been a while since I looked at this. I had a 1341 Claim in 2009. If I reca...
by jebmke
Fri Jan 05, 2018 4:06 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5682

Re: Misuse of adverse

Not to pile on ... well, actually, to pile on I'll toss "fewer" and "less" on the pile.
by jebmke
Fri Jan 05, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Worth tracking down lost retirement plan histories?
Replies: 23
Views: 1171

Re: Worth tracking down lost retirement plan histories?

There was also a time where everyone who had an opportunity to be a participant in a plan had box 13 marked even if it was a voluntary plan that the employee did not take part in. I think this changed but I have no recollection of when that change happened. I think you are right. I had the ability ...
by jebmke
Fri Jan 05, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Worth tracking down lost retirement plan histories?
Replies: 23
Views: 1171

Re: Worth tracking down lost retirement plan histories?

Is it also possible that it was a non-contributory pension plan that may have required 5 or 10 years of service to vest? It absolutely *could* be this... but I just have no memory about anything retirement-related from my first job. I would have no issue with that, except that the W-2 marked me as ...
by jebmke
Fri Jan 05, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Worth tracking down lost retirement plan histories?
Replies: 23
Views: 1171

Re: Worth tracking down lost retirement plan histories?

These days I'm pretty good with scanning/keeping all of my tax records and various statements. But that was not always the case, particularly in my early working career. Thinking back, I barely had any concept of what stocks and bonds, etc. were coming out of high school and college, let alone how ...
by jebmke
Fri Jan 05, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Chip architecture vulnerability in pretty much everthing
Replies: 106
Views: 6555

Re: Chip architecture vulnerability in pretty much everthing

The technical side of this is beyond me for now. One question I have is what this means for data that is internal to a VM on a Windows host and in particular, data that is provided to a browser for log-in such as password or other credentials? Is that data exposed here?
by jebmke
Fri Jan 05, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Electronic HSA Record Keeping Tool
Replies: 2
Views: 270

Re: Electronic HSA Record Keeping Tool

We don't have a lot of receipts to deal with. I download annual reports from the one pharmacy we deal with. In January I request an annual statement from 3-4 providers (e.g. my spouse has blood tests done every month). there are a handful of one-offs but most of our spend is summarized on annual sta...
by jebmke
Thu Jan 04, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Fed Estimated Tax for 2018 (new rates/brackets)
Replies: 7
Views: 961

Re: Paying Fed Estimated Tax for 2018 (new rates/brackets)

Rate uncertainty isn't any different than income uncertainty. I normally set up EFTPS with the safe-harbor amount for three months and then fine tune it in December for the 4th payment (which could even be zero). If you think that there is a chance your tax bill will fall by more than 25% you could ...
by jebmke
Thu Jan 04, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: State tax refund taxability after SALT cap
Replies: 7
Views: 593

Re: State tax refund taxability after SALT cap

I'm looking ahead to the 2018 tax year - For those of us who will itemize and be over the SALT cap, it seems to me that they will have to figure out a method for some of your state tax refund to no longer be taxed. For example, if you pay $12,000 in state income tax and $7,000 in property taxes - h...
by jebmke
Thu Jan 04, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 44
Views: 4592

Re: Can I retire now?

I'm counting taxes in the $72k/yr expenses but not medical. I maintain a very healthy life style. I plan to purchase a catastrophic insurance plan. I think you can retire but you need to make sure you understand how you will deal with adverse outcomes. Life has a way of taking weird turns. One acci...
by jebmke
Thu Jan 04, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: Chip architecture vulnerability in pretty much everthing
Replies: 106
Views: 6555

Re: Chip architecture vulnerability in pretty much everthing

On the surface it would seem that defeating the predictive branching in the processor would completely cure one of the holes. Hard to imagine that decreases 30-50% of application processing speed - I'd believe 10%. Likely engineering problem/solution is more complicated than it seems once you get i...
by jebmke
Thu Jan 04, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Do you have a antivirus for you Android phone?
Replies: 20
Views: 1369

Re: Do you have a antivirus for you Android phone?

I think the issue isn't the wifi transmission but the data crossing from an app to another app and out the door.

I have no need to access my financial records except from home. I rarely am gone for more than a couple of weeks any more.