Search found 26576 matches

by jebmke
Mon Jun 17, 2024 5:32 pm
Forum: Personal Investments
Topic: Asset transfer: legacy to brokerage
Replies: 9
Views: 500

Re: Asset transfer: legacy to brokerage

sycamore wrote: Mon Jun 17, 2024 5:26 pm
jebmke wrote: Mon Jun 17, 2024 5:13 pm ...
Oops I misread the post about joint account merge problems as applying to your spouse's account. Never mind!
NP. I do agree with your premise in that the reports off transition problems seem to be correlated with various “hooks” on the account as you mention. Bank transfer links were not an issue when I transitioned our joint account. The bank transfer linkage made the trip no problem as did cost basis, dividend elections. We have no beneficiary on the joint account nor POAs.
by jebmke
Mon Jun 17, 2024 5:13 pm
Forum: Personal Investments
Topic: Asset transfer: legacy to brokerage
Replies: 9
Views: 500

Re: Asset transfer: legacy to brokerage

I think some people have reported problems with converting from mutual fund-only to brokerage for reasons related to how the account is configured in some way My memory is imperfect; look into things like: - the fund is titled slightly differently than the account you're moving to (like missing the middle name, or maiden vs married names) - the fund has check writing privileges on it - the fund has automatic purchase or redemption configured - the fund has automatic RMD set up - special beneficiary designation Not asking about conversion. Asking if one can do a standard exchange between the two account types. Just trying to indicate there are things that can get in the way of a transfer. Maybe it applies to either conversion or transfer? I...
by jebmke
Mon Jun 17, 2024 4:58 pm
Forum: Personal Investments
Topic: Asset transfer: legacy to brokerage
Replies: 9
Views: 500

Re: Asset transfer: legacy to brokerage

sycamore wrote: Mon Jun 17, 2024 4:37 pm I think some people have reported problems with converting from mutual fund-only to brokerage for reasons related to how the account is configured in some way

My memory is imperfect; look into things like:

- the fund is titled slightly differently than the account you're moving to (like missing the middle name, or maiden vs married names)

- the fund has check writing privileges on it

- the fund has automatic purchase or redemption configured

- the fund has automatic RMD set up

- special beneficiary designation
Not asking about conversion. Asking if one can do a standard exchange between the two account types.
by jebmke
Mon Jun 17, 2024 4:34 pm
Forum: Personal Consumer Issues
Topic: Best AI for emails?
Replies: 5
Views: 488

Re: Best AI for emails?

This question begs the question, why? :sharebeer https://wapo.st/3XxVuxj The photo of a headless flamingo seemed like something only artificial intelligence could dream up. After all, the almost perfectly round, pink puffball atop two toothpick-like legs carried the hallmarks of an AI-generated image: offbeat vibes, odd proportions and missing body parts. In fact, the picture — in equal measure absurd and lifelike — was so mind-bending that it was honored last week in the AI category of the 1839 Awards’ Color Photography Contest. But “F L A M I N G O N E,” as it was titled, wasn’t conjured by a text prompt entered into an image-generating tool. Rather, the photo features a very much real — and not at all beheaded — flamingo that photograph...
by jebmke
Mon Jun 17, 2024 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to report deduct charitable donation of equities
Replies: 5
Views: 323

Re: How to report deduct charitable donation of equities

Form 8282 (if memory serves). If it is a traded stock, the valuation is the average of the high and low on the date you gave up possession. If it is something like a mutual fund, I believe it is the NAV at the close of business on the day you gave up possession. All is subject to certain limits which are outlined in IRS pubs but brace yourself, the explanations are not intuitive. Form 8283 which at least Fidelity provides an initial version. I suspect Vanguard will as well closer to tax time. The high/low average works for a mutual fund as well since there is only one price per day. :) It is all pretty easy and without worries I think. Vanguard does not prepare the tax form -- at least not for me. Vanguard Charitable did provide a valuatio...
by jebmke
Mon Jun 17, 2024 3:56 pm
Forum: Personal Consumer Issues
Topic: Best AI for emails?
Replies: 5
Views: 488

Re: Best AI for emails?

I do not. I try to keep emails very short -- and text messages even shorter. Most people don't read past the first paragraph anyway.

From what I have seen of AI output, anyone I know would see easily that it wasn't written by me.
by jebmke
Mon Jun 17, 2024 3:54 pm
Forum: Personal Consumer Issues
Topic: Is it worth moving to Florida for tax purposes
Replies: 81
Views: 5669

Re: Is it worth moving to Florida for tax purposes

Tennessee and Texas are as tax friendly as Florida more or less. There are a few more states the same, others are friendly to retirement distributions. There ain't no way I'd ever move to Florida. No taxes doesn't change that calculus for me. YMMV. Same. I just don't get the attraction of that state unless you enjoy some serious boat time. Even then, I'd be looking up the coast for those needs. We're certainly happy that you and others feel that way, since the influx of retirees is getting to be more and more each day. The last figure I heard (and that was some time ago) was that about 1000 folks were moving to Florida EACH DAY. We'll eventually run out of room unless they want to start building in the Everglades. The pythons will clear so...
by jebmke
Mon Jun 17, 2024 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to report deduct charitable donation of equities
Replies: 5
Views: 323

Re: How to report deduct charitable donation of equities

Form 8282 (if memory serves).

If it is a traded stock, the valuation is the average of the high and low on the date you gave up possession.

If it is something like a mutual fund, I believe it is the NAV at the close of business on the day you gave up possession.

All is subject to certain limits which are outlined in IRS pubs but brace yourself, the explanations are not intuitive.
by jebmke
Mon Jun 17, 2024 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retire in France, Shall I move my address to Flordia?
Replies: 23
Views: 1431

Re: Retire in France, Shall I move my address to Flordia?

Doesn't Florida require you to actually reside in Florida to get a DL?
by jebmke
Mon Jun 17, 2024 1:04 pm
Forum: Personal Consumer Issues
Topic: Is it worth moving to Florida for tax purposes
Replies: 81
Views: 5669

Re: Is it worth moving to Florida for tax purposes

The reality is that every state needs revenue and they kinda balance out. You want to find one that taxes the activity you no longer do, and doesn’t tax what you still do. That may not just be “state with no income tax” and in fact, for those spending down cash, a high income tax state may be decent. Florida and other places may be much more desirable for bankruptcy protection, if that’s a consideration. I actually did my own mini-study of this concept about a decade ago. Except for a couple of outlier states, under a set of assumptions I made up before looking at this, the average individual tax burden was surprisingly similar across most states. States with no income tax made up for it in other ways, such as higher property taxes and/or ...
by jebmke
Mon Jun 17, 2024 11:13 am
Forum: Personal Consumer Issues
Topic: Home Paint Sheen
Replies: 10
Views: 673

Re: Home Paint Sheen

Whatever sheen my wife prefers is the one I like.
by jebmke
Mon Jun 17, 2024 10:28 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 2964
Views: 252105

Re: Bird watchers – what birds are you seeing?

I would also guess that there are a lot of eBird users who don't think or or want to donate money to them.
by jebmke
Mon Jun 17, 2024 9:33 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 2964
Views: 252105

Re: Bird watchers – what birds are you seeing?

mhadden1 wrote: Mon Jun 17, 2024 9:25 am DW and I went fishing early one morning last week and two bald eagles came and competed with us, along with the usual herons. DW was unable to get any pix. I think we all caught fish.
Baldies around us are lazy. They often wait until an Osprey gets a fish and then mugs the Osprey.
by jebmke
Mon Jun 17, 2024 9:14 am
Forum: Personal Investments
Topic: Asset transfer: legacy to brokerage
Replies: 9
Views: 500

Re: Asset transfer: legacy to brokerage

Spouse has Traditional IRA investment in a VG fund in legacy as well as a Trad IRA brokerage account that holds Tips. Is it possible to do an exchange from the legacy IRA to the brokerage in order to clear out the legacy account? I have to imagine the answer is yes. Since a traditional IRA brokerage account can hold virtually anything Vanguard offers, it would be able to accommodate the VG fund in the legacy account. There may or may not be a way to do all this online. Do you have a button on the Vanguard web page for converting the legacy account to a brokerage account? If so, you may be able to specify that you'd like to merge the two accounts instead of creating a new brokerage account to hold the contents of the legacy IRA. Regards, Th...
by jebmke
Mon Jun 17, 2024 9:02 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 2964
Views: 252105

Re: Bird watchers – what birds are you seeing?

Two Black-bellied Whistling Ducks in pond in a nearby industrial park. Unusual in this area but common in some similar ponds over in coastal Delaware. ... I had to look this one up. It seems they are mostly in central/South America (range map) but Cornell shows lots of US sightings, no less. I like the color of their beaks. We have black-bellied whistling ducks by the thousands here in Southeast Texas. They breed on the local ponds, so plenty of ducklings and juveniles, too. They have quite a distinct "call" unlike the quacks and honks of other ducks and geese. I think the Cornell "map" needs to be changed to look more like the "Sightings" map. they also need to update their algorithms on the rare bird alerts ...
by jebmke
Mon Jun 17, 2024 8:54 am
Forum: Personal Investments
Topic: Asset transfer: legacy to brokerage
Replies: 9
Views: 500

Asset transfer: legacy to brokerage

Spouse has Traditional IRA investment in a VG fund in legacy as well as a Trad IRA brokerage account that holds Tips. Is it possible to do an exchange from the legacy IRA to the brokerage in order to clear out the legacy account?
by jebmke
Mon Jun 17, 2024 6:09 am
Forum: Investing - Theory, News & General
Topic: Are there unique characteristics for investing the funds of a 501(c)3 ?
Replies: 10
Views: 644

Re: Are there unique characteristics for investing the funds of a 501(c)3 ?

TomatoTomahto wrote: Mon Jun 17, 2024 6:04 am If I were a donor to that charity., and I knew that they felt that paying over 1% in fees was acceptable, I’d no longer be a donor.
I suppose an argument could be made it would be of benefit to donors if investment income was reported gross of fees and fees included in the charity’s administrative expense.
by jebmke
Mon Jun 17, 2024 6:06 am
Forum: Investing - Theory, News & General
Topic: Are there unique characteristics for investing the funds of a 501(c)3 ?
Replies: 10
Views: 644

Re: Are there unique characteristics for investing the funds of a 501(c)3 ?

livesoft wrote: Mon Jun 17, 2024 5:36 am The organization should have an Investment Policy Statement which the fiduciaries of the organization follow. What does it say?
Right. It would be impossible to comment on the allocation here without knowing a lot about the organization and its financial requirements, especially the duration of the liabilities.
by jebmke
Mon Jun 17, 2024 5:44 am
Forum: Personal Consumer Issues
Topic: Is it worth moving to Florida for tax purposes
Replies: 81
Views: 5669

Re: Is it worth moving to Florida for tax purposes

If I listed my top criteria for selecting a place of residence for retirement, taxes and cost of living would not make the list. Opinions and personal circumstances vary greatly though. If financial criteria dominate how you live your life, do make sure to look at the total picture, not just taxes.
by jebmke
Sun Jun 16, 2024 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Accts 2fa
Replies: 21
Views: 1286

Re: Securing Accts 2fa

ichee_marone wrote: Sun Jun 16, 2024 12:59 pm I may eventually get Yubikey. For some apps, I use Authy. Other financial apps allow a notification instead of SMS texts. I have locked and/or hidden significant apps (including SMS texting), but I have Android. Not sure how much one can do with IOS.
Does locking the texting app on Android also lock down the SIM to reduce the risk of SIM swapping?
by jebmke
Sun Jun 16, 2024 12:46 pm
Forum: Personal Consumer Issues
Topic: Thinking of Switching to Linux Mint
Replies: 39
Views: 2064

Re: Thinking of Switching to Linux Mint

Eleven days ago you were thinking about buying a Mac. What made you conclude that the Mac would not work for you?
by jebmke
Sun Jun 16, 2024 12:29 pm
Forum: Personal Consumer Issues
Topic: Thinking of Switching to Linux Mint
Replies: 39
Views: 2064

Re: Thinking of Switching to Linux Mint

Second Round wrote: Sun Jun 16, 2024 12:20 pm The recent kerfuffle about Windows Recall (taking screen snapshots every few seconds and pinkie-promise to keep it local - for now) is just the latest in a long string of related behavior/"features".
I've only followed this on the edge but it falls in that category of "Who thought this was a good idea?" marketing.
by jebmke
Sun Jun 16, 2024 12:10 pm
Forum: Personal Consumer Issues
Topic: Favorite day trips from Florence Italy
Replies: 28
Views: 1338

Re: Favorite day trips from Florence Italy

mrb09 wrote: Sun Jun 16, 2024 11:56 am I’m not sure there’s a great public option to Siena, but if you can get there, consider an overnight somewhere in the city walls. A lot less crowded once the day tourists leave.
in 2009 there was a bus that left early in Florence and returned late from Sienna
by jebmke
Sun Jun 16, 2024 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Accts 2fa
Replies: 21
Views: 1286

Re: Securing Accts 2fa

mark_in_denver wrote: Sun Jun 16, 2024 12:03 pm Any 2fa is better then nothing, including sms.
With SIM locked on phone, I'm comfortable with SMS 2FA
by jebmke
Sun Jun 16, 2024 9:55 am
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

You weren't using features that exist on the mutual fund platform that don't exist (yet at least) on the brokerage platform. It's not a matter of "not liking" Vanguard, because there are also some features (availability of certain mutual funds) that will still exist at Vanguard that don't exist elsewhere. However I think the point is that if the new platform had been made a true superset of the old platform, we all (well, a lot of us) would have migrated long ago. For example to me it seems like Vanguard has been just as stubborn in (still) not providing the ability (that I had on the MF platform) to do a Roth conversion from fundA in a tIRA to fundB in a Roth (in one step) than I was in not migrating. What makes retiring legacy ...
by jebmke
Sun Jun 16, 2024 9:48 am
Forum: Personal Investments
Topic: Will NVidia continue to climb?... sold half so I'm already ahead!
Replies: 41
Views: 4311

Re: Will NVidia continue to climb?... sold half so I'm already ahead!

swong wrote: Sun Jun 16, 2024 9:31 am I also don't see NVDA staying stagnant or even tanking for at least this year.
I don't recall a lot of folks seeing Cisco tanking when it did.
by jebmke
Sun Jun 16, 2024 9:20 am
Forum: Personal Consumer Issues
Topic: Thinking of Switching to Linux Mint
Replies: 39
Views: 2064

Re: Thinking of Switching to Linux Mint

Hard to know what you will lose without knowing what you have already. If you have never worked with Linux before I would recommend using a Live USB drive to try it or install it on an old device you no longer use. Setting up peripherals can be challenging sometimes. I had no issues with Mint or Zorin; I can't recall how well Ubuntu worked. Peripherals - it depends. Mint instantly set up my printer and could be doing a better job with wifi than windows. Definitely test with a live USB, although realize it can be slower than a full install. yes; had no issue setting up our printer with Mint. Getting the scanner (separate device) to work took a bit more time but it works. Had no issues with NAS for "public" folders but took a bit o...
by jebmke
Sun Jun 16, 2024 9:18 am
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

pawtucket wrote: Sun Jun 16, 2024 9:12 am My only lingering complaint is that the old YTD statement on the mutual fund platform was very useful, and it takes some work to recreate something similar with the query tool. But alas, it is what it is. I have a small Fidelity ESSP account, and they do produce a YTD statement later in January. I wish Vanguard would do the same.
of what I use, my December statement only excludes the full year transaction history -- which was nice to have on one statement. I read somewhere in the forum that somebody was able to request this be added to their December statement for the brokerage account.
by jebmke
Sun Jun 16, 2024 8:03 am
Forum: Personal Consumer Issues
Topic: Thinking of Switching to Linux Mint
Replies: 39
Views: 2064

Re: Thinking of Switching to Linux Mint

Hard to know what you will lose without knowing what you have already.

If you have never worked with Linux before I would recommend using a Live USB drive to try it or install it on an old device you no longer use. Setting up peripherals can be challenging sometimes. I had no issues with Mint or Zorin; I can't recall how well Ubuntu worked.
by jebmke
Sun Jun 16, 2024 6:41 am
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

.. .and it's not "hostile ". OP, Look at the new features you will get instead of what you think are negative draw-backs. New features I've seen: * can hold more kinds of assets * more ways to query your accounts (takes a while to get the hang of it, though) * at least 20 years of past history can be seen * can set more things on "automatic" (taking RMDs, pulling/pushing money from an outside account on a regular basis) * if over 70.5, you can enter data for a QCD and the check will be mailed to you without you needing to call in * I don't have any employer plans but I think they can now show up as part of your portfolio And they have been signaling this for many years. When I rolled over my 401(k) in 2012?? it was not ...
by jebmke
Sat Jun 15, 2024 5:03 pm
Forum: Personal Consumer Issues
Topic: Migrating to Onedrive from NAS for small office
Replies: 13
Views: 988

Re: Migrating to Onedrive from NAS for small office

bombcar wrote: Sat Jun 15, 2024 5:00 pm Search “onedrive sync issues” and read them. Lots of backups!
Even with a cloud drive (I use Google) a backup system should be in place; I use iDrive but there are several very good ones. Spider Oak used to be highly rated. I have not looked at them recently.
by jebmke
Sat Jun 15, 2024 4:59 pm
Forum: Investing - Theory, News & General
Topic: Do you diversify beyond stocks and bonds?
Replies: 48
Views: 3390

Re: Do you diversify beyond stocks and bonds?

Silverado wrote: Sat Jun 15, 2024 4:51 pm Same as Livesoft here
Same
by jebmke
Sat Jun 15, 2024 1:32 pm
Forum: Personal Investments
Topic: Vanguard is getting too pushy lately
Replies: 28
Views: 3854

Re: Vanguard is getting too pushy lately

frankc29 wrote: Sat Jun 15, 2024 1:30 pm Yes, I do have the size of portfolio that would certainly attract more attention than average, but that has been the case for over 10 years. I'm going to ask them to buzz off, but I was just wondering if something has structurally changed that should concern me. To me, Vanguard was always the more mature and steady of the investing institutions; this recent activity puts that into question for me.
As far as I know, none of the funds and ETFs that are their trademark have changed. If anything, over the years, they continue to get more and more cost competitive.
by jebmke
Sat Jun 15, 2024 1:27 pm
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

Was this ever available prior to 1/15? I don't recall seeing it that early even on the legacy system. The 1099-DIV was not available prior to January 15 on the legacy platform. In most years, the 1099-DIV was available on January 15. Sometimes in the morning, sometimes in the afternoon. You could've had only a couple of hours to calculate the estimated taxes and make the payment deadline. In some years, the 1099-DIV wasn't available until January 16 or 17. You would've missed the deadline if you'd waited for it. Even on the legacy platform, you shouldn't have been waiting for the 1099-DIV to make estimated tax payments. You should've been using the transaction data to do the calculations. The 1099-DIV should only be used to file your tax r...
by jebmke
Sat Jun 15, 2024 12:58 pm
Forum: Personal Investments
Topic: Vanguard is getting too pushy lately
Replies: 28
Views: 3854

Re: Vanguard is getting too pushy lately

One of the nice things about email is that the systems are pretty good at doing what you want with them. You can filter them, auto-delete, shuffle them into a dedicated folder ..... without even getting involved.
by jebmke
Sat Jun 15, 2024 12:52 pm
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

(1) After transition to all brokerage, I noticed that my Vanguard fund 1099s were delayed vs. when issued from a legacy all-Vanguard account, by two or more weeks, thus making them too late to be useable to make informed January 15 estimated tax payments. You can log in and query your taxable accounts for dividends and gains/losses between January 1 and 15. You would likely already know if you rolled over any accounts or did Roth conversions. Is there any other data you typically need from the 1099 before you do your taxes? For international funds you don't know how much was withheld for taxes. Your taxable income from the fund is what you were paid as dividends plus the amount the fund paid in taxes. Was this ever available prior to 1/15?...
by jebmke
Sat Jun 15, 2024 4:48 am
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

Gaston wrote: Sat Jun 15, 2024 3:15 am
Big Dog wrote: Sat Jun 15, 2024 12:11 am 1099's aren't legally due until the end of Jan
I didn’t know this. I’ve never received a 1099 from Fidelity before mid-February.
I think brokerage statements are allowed extra time.
by jebmke
Sat Jun 15, 2024 4:48 am
Forum: Personal Investments
Topic: Vanguard is threatening forced transition within 30 days.
Replies: 44
Views: 3993

Re: Vanguard is threatening forced transition within 30 days.

1) 1099's aren't legally due until the end of Jan, so perhaps you shoudl make a separate post inquiring if other brokerages/mutual fund Adminstrators regularly produce 1099's by mid-Jan. (sorry to hear that Vanguard is forcing the transition now, but it had to happen eventually. It's extremely inneficie :P nt and costly to continue to support multiple IT platforms....) Realistically the question is more whether there is sufficient information fairly readily available on the brokerage account website to easily determine tax liability (even if "unofficial") before the Q4 payment is due. Absolutely yes for many people. I true up Q4 in early January and my pro forma 1040 is rarely off my final by much. I can’t recall ever getting a 1...
by jebmke
Fri Jun 14, 2024 4:08 pm
Forum: Investing - Theory, News & General
Topic: The rabbit hole of expected returns
Replies: 14
Views: 1441

Re: The rabbit hole of expected returns

2% real for bonds . Add desired equity premium for equity. Round to nearest whole digit. If using decimal point, stop using.
by jebmke
Fri Jun 14, 2024 10:56 am
Forum: Personal Investments
Topic: Foreign Tax Credit
Replies: 23
Views: 1676

Re: Foreign Tax Credit

The FTC is not a refund of foreign taxes. Then I really do not understand it, unless you mean that the FTC will only come into play as a credit yes, it is a credit against US taxes on foreign sourced income. Think about it: if your US tax liability is zero, there is no credit. The foreign taxes have been withheld, however whether you like it or not. I think I get it. However, unused credit means that the taxpayer (1099 + ORD income taxes) < foreign tax -- right ? In simplified terms, the tax liability is prorated between foreign sourced income and other income. The credit is allowed to the extent that you have a positive amount in the former (tax prorated to FSI). It is a bit more complicated (Form 1116 has all the arithmetic) but that is ...
by jebmke
Fri Jun 14, 2024 10:33 am
Forum: Personal Investments
Topic: Foreign Tax Credit
Replies: 23
Views: 1676

Re: Foreign Tax Credit

Thesaints wrote: Fri Jun 14, 2024 10:26 am
jebmke wrote: Fri Jun 14, 2024 10:14 am The FTC is not a refund of foreign taxes.
Refund by the foreign state, naturally.
no, it is not. While there may be some odd ball situations where investors can get a refund of the tax from the foreign country (I'm personally not familiar with any), the FTC is not that.
by jebmke
Fri Jun 14, 2024 10:20 am
Forum: Personal Investments
Topic: Foreign Tax Credit
Replies: 23
Views: 1676

Re: Foreign Tax Credit

EricGold wrote: Fri Jun 14, 2024 10:19 am
jebmke wrote: Fri Jun 14, 2024 10:14 am The FTC is not a refund of foreign taxes.
Then I really do not understand it, unless you mean that the FTC will only come into play as a credit
yes, it is a credit against US taxes on foreign sourced income. Think about it: if your US tax liability is zero, there is no credit. The foreign taxes have been withheld, however whether you like it or not.
by jebmke
Fri Jun 14, 2024 10:14 am
Forum: Personal Investments
Topic: Foreign Tax Credit
Replies: 23
Views: 1676

Re: Foreign Tax Credit

The FTC is not a refund of foreign taxes.
by jebmke
Fri Jun 14, 2024 10:13 am
Forum: Investing - Theory, News & General
Topic: Can vanguard force transition to brokerage platform?
Replies: 404
Views: 49181

Re: Can vanguard force transition to brokerage platform?

I'm gonna put FINRA supervision into whining category not legitimate. Many other people have ethics or monitoring requirements in their jobs whether it be financial, ethical, or workplace relationships. Many such jobs likely pay a lot less. It's normal. Get over it or get another job. My (industrial) company had some pretty strict supervision of those of us considered insiders, and not just company stock. There was also a very large policy "hammer" shown to people in functions like procurement or sales who were in a position to learn of non-public information from vendors or customers. I'm not sure of the legal basis for the latter but it was an important messaging tool with vendors and customers who might otherwise be reluctant ...
by jebmke
Fri Jun 14, 2024 10:07 am
Forum: Investing - Theory, News & General
Topic: Can vanguard force transition to brokerage platform?
Replies: 404
Views: 49181

Re: Can vanguard force transition to brokerage platform?

exodusNH wrote: Fri Jun 14, 2024 9:59 am
jebmke wrote: Fri Jun 14, 2024 9:38 am
exodusNH wrote: Fri Jun 14, 2024 9:19 am I like the consolidated statement.
By this do you mean a December YTD statement that includes all transactions for the year?
Yeah. Though I recently read that you may be able request that from the brokerage.

Note I only have a brokerage account. The "I" in my previous post was the "royal I".
yes; I saw that as well. It was a nice feature but not particularly important for us -- certainly not enough to resist transitioning -- but still a mildly beneficial feature.
by jebmke
Fri Jun 14, 2024 9:45 am
Forum: Personal Consumer Issues
Topic: how to know if our wifi is safe?
Replies: 45
Views: 3633

Re: how to know if our wifi is safe?

nisiprius wrote: Fri Jun 14, 2024 8:59 am It's no longer the days when most routers had "admin" as the password
Printers used to be the same way; I notice Brother now has the PW printed on the printer label which is a little less bad. I change it when we configure a new printer at TaxAide.
by jebmke
Fri Jun 14, 2024 9:42 am
Forum: Personal Consumer Issues
Topic: how to know if our wifi is safe?
Replies: 45
Views: 3633

Re: how to know if our wifi is safe?

increment wrote: Fri Jun 14, 2024 8:58 am
jebmke wrote: Fri Jun 14, 2024 7:34 am
LaramieWind wrote: Fri Jun 14, 2024 7:30 am Install OPEN DNS. Its free and adds a level of safety.
I have OPen DNS set as my DNS server in the router; all DNS requests are directed to their IP address.
Aren't many DNS requests now sent through DNS Over HTTPS, which bypasses the usual DNS settings on your devices (networks and otherwise)?
I don't know; this is beyond me. My main issue in the past was to bypass the ISP. In addition to wanting to cut them out of the loop, the DNS server at our ISP was a bit wonky and slow. I test several every once in a while Cloudflare is another one I have used.
by jebmke
Fri Jun 14, 2024 9:38 am
Forum: Investing - Theory, News & General
Topic: Can vanguard force transition to brokerage platform?
Replies: 404
Views: 49181

Re: Can vanguard force transition to brokerage platform?

exodusNH wrote: Fri Jun 14, 2024 9:19 am I like the consolidated statement.
By this do you mean a December YTD statement that includes all transactions for the year?
by jebmke
Fri Jun 14, 2024 9:36 am
Forum: Investing - Theory, News & General
Topic: Is your long-term goal to stay "Relatively" Wealthy; or Die Broke?
Replies: 121
Views: 8688

Re: Is your long-term goal to stay "Relatively" Wealthy; or Die Broke?

My goal is to enjoy the remaining years without financial stress and then die painlessly and quickly in order to not burden others.
by jebmke
Fri Jun 14, 2024 9:22 am
Forum: Investing - Theory, News & General
Topic: How retirees actually withdraw
Replies: 76
Views: 7819

Re: How retirees actually withdraw

I'm not sure there are many people who even plan to use the 4% "rule." Perhaps quite a few use it to test the sustainability/durability of their investments but how many actually plan to use it as a withdrawal method? This ^^^ Just signed paperwork to put in a $20K HVAC system. Window and other project of $22K. New deck of $17K. Painting of $22K. Nowhere near 4%. Stuff happens, plan for it. Edit - as I've said before, some spend an inordinate amount of time analyzing, forecasting, reforecasting... Life doesn't work that way. last year we had some large forced withdrawals to drill a new well, re-line the pool (it self-drained over the winter) and resurface the driveway. I suppose I could have delayed the driveway a year but that w...