Search found 6833 matches

by jebmke
Tue Nov 21, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Paying cash for medical care - best practice?
Replies: 21
Views: 850

Re: Paying cash for medical care - best practice?

"Stuff" can happen quickly - even to folks who think they are in good health. Similar to your experiences, I have a friend who was very fit and in good health. He had some breathing issues and stopped to see his doctor. She misdiagnosed it but sent him to the hospital for tests anyway. After a coup...
by jebmke
Tue Nov 21, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 78
Views: 3057

Re: Uber for someone who knows only taxis

OK, I have a question. I just downloaded both Uber and Lyft. How do you pay? Neither asked for my credit card. When someone who hacked Uber's customer data installs ransomware on your computer they will ask for a credit card. Yea, the day I sign up is the day Uber gets hacked. Oh well, by this time...
by jebmke
Tue Nov 21, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 78
Views: 3057

Re: Uber for someone who knows only taxis

JMacDonald wrote:
Tue Nov 21, 2017 5:21 pm
OK, I have a question. I just downloaded both Uber and Lyft. How do you pay? Neither asked for my credit card.
When someone who hacked Uber's customer data installs ransomware on your computer they will ask for a credit card.
by jebmke
Tue Nov 21, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retention Bonus
Replies: 4
Views: 394

Re: Retention Bonus

I would talk to an accountant. If you give back the after tax money, your W2s aren't going to shrink. If it were me and I did not sign the acceptance letter, I would probably wait and see how many times they asked me to pay the money back before I took action. For a contract to be valid, there has ...
by jebmke
Tue Nov 21, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 6
Views: 331

Re: Medicare Supplemental Plan F High Deductible

If I do not choose this plan now, I would enroll in Plan G. Is there any reason or evidence that I should I be more concerned about the viability of Plan F HD than any other plan? If you choose Plan F HD and it becomes unavailable, I believe that is a qualifying event for Guaranteed Issue in Maryla...
by jebmke
Tue Nov 21, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: NoScript is back
Replies: 0
Views: 232

NoScript is back

It appears that the update for Noscript for the new Firefox version has been released. My system installed the update automatically.
by jebmke
Tue Nov 21, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Paying cash for medical care - best practice?
Replies: 21
Views: 850

Re: Paying cash for medical care - best practice?

If you are paying cash, isn't your exposure unlimited? What happens in a situation where you need expensive treatment? Are your doctors going to refer you to someone in her network?
by jebmke
Tue Nov 21, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 6
Views: 331

Re: Medicare Supplemental Plan F High Deductible

If I do not choose this plan now, I would enroll in Plan G. Is there any reason or evidence that I should I be more concerned about the viability of Plan F HD than any other plan? If you choose Plan F HD and it becomes unavailable, I believe that is a qualifying event for Guaranteed Issue in Maryla...
by jebmke
Tue Nov 21, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Tax Basics Cheatsheet?
Replies: 8
Views: 792

Re: Tax Basics Cheatsheet?

If you look at Form 1040 and follow the instructions for lines 8, 9 and 13 you can learn a lot about taxation of non-retirement accounts.

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
by jebmke
Mon Nov 20, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring $$ from Ally
Replies: 19
Views: 1030

Re: Transferring $$ from Ally

Ally has gotten pretty quick about completing transfers compared to back in the day. I'd go from Ally to your bank just for that reason. I think ACH in general has gotten faster. My transfers from AMEX Bank to my checking account typically go in one day. I wouldn't cut it that close for something c...
by jebmke
Mon Nov 20, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Looking for Black Friday tax software deals (HRBlock)
Replies: 17
Views: 1979

Re: Looking for Black Friday tax software deals (HRBlock)

Amex has a $10 statement credit offer for HRBlock. "Get a one-time $10 statement credit by using your enrolled Card to spend a minimum of $30+ in one or more transactions online at hrblock.com by 4/30/2018. See terms for exclusions." This is found under the "offers and & benefits" section after I l...
by jebmke
Mon Nov 20, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your annual expenditures are you targeting for travel once you are retired?
Replies: 19
Views: 1168

Re: What percentage of your annual expenditures are you targeting for travel once you are retired?

Don't have spending targets. Budget I did before I retired had about 5% but we are running below that quite a bit most years.
by jebmke
Mon Nov 20, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3024

Re: Current precarious equity environment for a retiree

flyingaway wrote:
Mon Nov 20, 2017 11:56 am

How to adjust asset allocation? Even 100% bond allocation will keep many retirees up at night.
Probably good candidates for a SPIA.
by jebmke
Mon Nov 20, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 10
Views: 1282

Re: Firefox upgrade broke my add-on, switched to Waterfox

I installed Waterfox without porting the FF profile. On another VM, I will try porting the FF profile. VMs are a handy tool in this environment -- enabling one to try out various things before fully committing. good idea. I will do the same. I have a bunch of W7 VMs for testing and some Linux VMs I...
by jebmke
Mon Nov 20, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 37
Views: 2351

Re: Tax Returns - How Long Do you Keep?

joe8d wrote:
Sun Nov 19, 2017 11:04 pm
Three Years "Required" by IRS, That's all you have to do.
Until you need something off the older ones.
by jebmke
Mon Nov 20, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 10
Views: 1282

Re: Firefox upgrade broke my add-on, switched to Waterfox

Were you able to port the complete FF profile to Waterfox?
by jebmke
Mon Nov 20, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: internet browsers and free software?
Replies: 7
Views: 537

Re: internet browsers and free software?

JohnFiscal wrote:
Mon Nov 20, 2017 6:56 am
Veracrypt seems to be Vera slow
By slow do you mean slow to mount the encrypted file or slow in process (while open)?
by jebmke
Sun Nov 19, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3270

Re: Do you include the sale of your home as part of your retirement planning?

TheTimeLord wrote:
Sun Nov 19, 2017 2:21 pm
We certainly plan to transition before that point.
This makes it sound like you are going to off yourself. :P
by jebmke
Sun Nov 19, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Are expensive tires worth it?
Replies: 42
Views: 2386

Re: Are expensive tires worth it?

Expensive tires don't matter. Good tires matter a lot! True. I just don't know how to tell the difference. Do you? I suppose Consumer Reports probably has an article on it. I don't get consumer reports and I don't necessarily trust the people posting on Tirerack.com etc. I used to trust CR. Now I g...
by jebmke
Sun Nov 19, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 289

Re: Solo 401k contribution based on K-1 received for private equity investment exit?

It sounds like the PE income is passive, not earned income. I couldn't really follow your post though. Who is creating the K-1 for the PE? The LLC. Essentially the LLC was created to collect money from friends and family. The LLC then invests the money into the PE. So, each investor in the LLC gets...
by jebmke
Sun Nov 19, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k contribution based on K-1 received for private equity investment exit?
Replies: 8
Views: 289

Re: Solo 401k contribution based on K-1 received for private equity investment exit?

It sounds like the PE income is passive, not earned income. I couldn't really follow your post though. Who is creating the K-1 for the PE?
by jebmke
Sun Nov 19, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 37
Views: 2351

Re: Tax Returns - How Long Do you Keep?

I keep all of mine; the older ones are PDFs, mid-range are return and forms only. Last few years are complete files.

All of my tax returns (and all my computer files, actually) are encrypted.
by jebmke
Sun Nov 19, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Syncing Family Files and Photos
Replies: 9
Views: 778

Re: Syncing Family Files and Photos

Google Drive folders can be shared to other Google accounts. Sharing can be restricted to read only or allow full access. Not sure how that interacts with the camera apps on phones but if you are just using Google drive as a repository, the shares work fine. I have several Google accounts used in my...
by jebmke
Sun Nov 19, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 676

Re: is Amazon a monopoly?

Tabulator wrote:
Sun Nov 19, 2017 11:29 am
One may discover that many Bogleheads, like many Americans, believe big tech companies truly care about us and intend to make our lives better. People may not stop to consider unintended consequences.
I would guess that many (most?) tech users still mistakenly believe that they are the customer.
by jebmke
Sun Nov 19, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 676

Re: is Amazon a monopoly?

Out of curiosity I looked at our major credit card which is by far the majority of our spending (except for taxes and health insurance, neither of which are available via Amazon [yet]). Our Amazon spend is 1.6% of the total. Most of it is local grocery and related stores, restaurants, gas stations. ...
by jebmke
Sat Nov 18, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3270

Re: Do you include the sale of your home as part of your retirement planning?

This assumption seems to be unique to me in this thread. TheTimeLord wrote: ↑ Sat Nov 18, 2017 10:29 am I make the assumption that in my 80s I will either be required to or desire to move to an Independent/Assisted Living facility. Since that is the case I would no longer have a reason to continue ...
by jebmke
Sat Nov 18, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 708

Re: Smoothing out a Property Tax bill

Things are lumpy in my universe. The property taxes are due quarterly, and some credit unions pay interest quarterly. Insurance bills come in annually, although I think I could pay them monthly, but I hate owing money. It is what it is. All of life is a series of (mostly) one-time events. :beer
by jebmke
Sat Nov 18, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

Dandy wrote:
Sat Nov 18, 2017 2:47 pm
I would expand the term cash to include short term bond funds for at least a portion of the "safe" assets.
Using this definition, my 60% bond allocation is ~ 55% cash and 5% bonds.
by jebmke
Sat Nov 18, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 19
Views: 1238

Re: Southeast Asia trip - Cash handling

ATMs should work in many places. I have used them in Hong Kong and some quite remote places on various continents. I would advise carrying more than one credit card in case one gets frozen or lost for some reason. When I traveled alone I usually carried more than one and kept them physically separat...
by jebmke
Sat Nov 18, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 128
Views: 8526

Re: Is holding bonds now dangerous?

Stocks are a much bigger risk for negative real return and with much bigger downside. If you want to time the market, you could hold short term bonds. Or, if you find principal loss to be unacceptable, you could hold individual bonds. Holding individual bonds sounds better Individual bonds can also...
by jebmke
Sat Nov 18, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 128
Views: 8526

Re: Is holding bonds now dangerous?

Nobody knows... I agree that the markets are hard/impossible to predict. But with interest rates at zero, there is only one way for interest rates to go. And bonds have an extremely simple relationship with interest rates. Rates go up, bonds go down in value, and vice versa. This isn't about making...
by jebmke
Sat Nov 18, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Capital gains timing
Replies: 11
Views: 933

Re: Capital gains timing

For oddballs like this I have been donating them to a Donor Advised Fund to use for charitable grants. When I do this, I avoid the gain entirely and I am able to deduct the full value of the stock on Schedule A as a charitable donation. Whether this is a good strategy for you or not depends on sever...
by jebmke
Sat Nov 18, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Rollover to Vanguard Traditional IRA
Replies: 3
Views: 214

Re: Rollover to Vanguard Traditional IRA

We were not aware of this, so thank you for the info. We live in Maryland and my wife reached age 66 in July. The balance in her 403(B) is about $7,600. Do you mean that it is possible that she can take a distribution this year or next year and that some or all of it could be excluded from her MD A...
by jebmke
Sat Nov 18, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3270

Re: Do you include the sale of your home as part of your retirement planning?

Or to ask a different question why does it make sense exclude what for many is their largest single asset? I have no way to really value this asset for retirement purposes and I can't re-balance in or out fluidly. For all I know, when we sell this house to move back to the city it will cost me more...
by jebmke
Sat Nov 18, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Rollover to Vanguard Traditional IRA
Replies: 3
Views: 214

Re: Rollover to Vanguard Traditional IRA

The following warning may only apply to my state (MD) but it is worth checking your state tax regs. In MD, when you turn 65 you can exclude from your MD AGI some of your income that comes from qualified retirement plans. A 403(b) is considered a qualified retirement plan. An IRA is not considered a ...
by jebmke
Sat Nov 18, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3270

Re: Do you include the sale of your home as part of your retirement planning?

I don't include anything that can't be converted to cash within a short period of time (say, less than a week).
by jebmke
Sat Nov 18, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 128
Views: 8526

Re: Is holding bonds now dangerous?

I set our allocation at 40/60 (60% bonds) when I retired 10 years ago. I haven't changed it and don't intend to change it now.
by jebmke
Fri Nov 17, 2017 9:06 pm
Forum: Personal Consumer Issues
Topic: Replace TVs with Smart Tvs or not?
Replies: 38
Views: 2570

Re: Replace TVs with Smart Tvs or not?

We have had ROKU for years now and been very happy with it. Now on a ROKU 3 I think. Connects to wireless WAP which backhauls via powerline to our router.
by jebmke
Thu Nov 16, 2017 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund to Fund Starting a 501c3
Replies: 10
Views: 855

Re: Donor Advised Fund to Fund Starting a 501c3

Say I use my car for obvious business related things, or if I lease office space, or bought something to help the business. Wouldn't those all be business expenses? If the expenses are for a legitimate profit oriented business and if they meet the IRS guidelines for expensing, you would be able to ...
by jebmke
Thu Nov 16, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund to Fund Starting a 501c3
Replies: 10
Views: 855

Re: Donor Advised Fund to Fund Starting a 501c3

I don't see how this would be anything other than a donation of property to a 501(c). I don't know the rules on deducting donations to your own 501(c) OK - now I see that there are, or may be, restrictions on donating to "your own" 501c3. I would think so but you never know. Like most sections, it ...
by jebmke
Thu Nov 16, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund to Fund Starting a 501c3
Replies: 10
Views: 855

Re: Donor Advised Fund to Fund Starting a 501c3

Ok, thanks all. I won't consider donating money other than my time and equipment to the non-profit. And if I need to buy things for it, I believe I'll at least be able to write them off as a business expense. I know it probably sounds sketchy because a lot of people probably try to take advantage, ...
by jebmke
Thu Nov 16, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's when changing broker?
Replies: 5
Views: 323

Re: RMD's when changing broker?

I have opened a new IRA at Merrill Edge, but have not moved assets from TDA. I must take my first RMD before 12/31/17. If I roll over first, how will ME know how much to take out based on 12/31/16 balance? (I do know the amount required.) Advice? You will tell them how much to take out. If they are...
by jebmke
Thu Nov 16, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Mozilla Firefox Donations?
Replies: 20
Views: 1755

Re: Mozilla Firefox Donations?

So far I am underwhelmed. Some sites don't load at all. Scripts are still running around like rats. If they don't get this fixed, I'm dumping FF.
by jebmke
Thu Nov 16, 2017 4:25 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 96
Views: 4257

Re: Where did you first learn about investing?

When A Random Walk Down Wall Street was first published it was required reading in my economics class that year. 1972 or 1973 if I recall correctly.
by jebmke
Tue Nov 14, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Mozilla Firefox Donations?
Replies: 20
Views: 1755

Re: Mozilla Firefox Donations?

Scripts now bringing my browser to a crawl with the update. Hope they get this fixed soon.
by jebmke
Tue Nov 14, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Mozilla Firefox Donations?
Replies: 20
Views: 1755

Re: Mozilla Firefox Donations?

The new version just updated my browser. It appears to have dropped support for Noscript. Too early to tell on other add-ons but they appear gone.
by jebmke
Mon Nov 13, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Form 5498 or 1099R (IRA to Roth Conversion)
Replies: 40
Views: 1763

Re: Form 5498 or 1099R (IRA to Roth Conversion)

Maybe I'm missing something: If somebody does a Roth conversion but fails to report it with F8606, why would they be surprised to have the IRS to come knocking later on? Unfortunately there are some who believe that the custodians keep track of all this. Even some of my TaxAide buddies are confused...
by jebmke
Mon Nov 13, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 73
Views: 7263

Re: GE and the myth of "safe blue-chip stocks"

There have been plenty of invulnerable companies knocked off the pedestal. I remember when IBM could do no wrong. They nearly didn't survive. (Reuters) - General Electric Co (GE.N) chopped its quarterly dividend in half on Monday, new Chief Executive John Flannery’s first move in an overhaul of the ...
by jebmke
Mon Nov 13, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Form 5498 or 1099R (IRA to Roth Conversion)
Replies: 40
Views: 1763

Re: Form 5498 or 1099R (IRA to Roth Conversion)

In those cases it seemed as if they had correctly reported a non-taxable distribution But generally a ROTH conversion isn't a non-taxable distribution. You'd have to have basis to have an amount that wasn't taxable. This would require an 8606 but my experience is that if you stare long enough at th...