Search found 2419 matches

by technovelist
Mon Nov 20, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2149

Re: Medicare Part B premium unchanged for 2018

This article from October 2016 mentions a one time loan of $7.5B to Medicare to reduce Part B premiums. http://time.com/money/4517168/2017-medicare-premiums-could-jump-20/ "A year ago, the absence of a 2016 COLA froze Part B premiums at $104.90 a month for those who were held harmless. The other gr...
by technovelist
Mon Nov 20, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 12
Views: 1008

Re: Choosing tax lots to sell

If you take losses, do they deplete your lowest bracket income first? In other words, say you are in the lower end of the 28% bracket. Can you take enough losses to drop you down into the 15% (or 0%) bracket? Or will your losses first count against your 0% income, then your 15% income, so unless yo...
by technovelist
Mon Nov 20, 2017 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 12
Views: 1008

Re: Choosing tax lots to sell

I have a lot of unrealized losses and some unrealized gains. My rule is to take whatever gains would bring me up to the top of whatever tax bracket I consider appropriate. I prefer the 0% bracket, so I'm planning to take gains to take me up to the top of the 0% bracket. It's hard to beat that! If y...
by technovelist
Sun Nov 19, 2017 11:07 pm
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4232

Re: Is investing with Vanguard a tragedy of the commons?

Yes, it could be a tragedy of the commons. A tragedy of the commons is any situation where economic actors rely on a common resource without bearing the costs of keeping the common resource available, generally because property rights have not been appropriately assigned, such that the common resou...
by technovelist
Sun Nov 19, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12596

Re: The fear of retirement, black swan, and math to dissuade the fear.

I think you are on to something. Baring a nuclear holocaust, owning a farm is a great hedge for some serious catastrophes. I would assume it is even better than saving to some ridiculously low withdrawal rate. The only downside is that now you have to work on a farm so you don't really get to retir...
by technovelist
Sun Nov 19, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 12
Views: 1008

Re: Choosing tax lots to sell

I have a lot of unrealized losses and some unrealized gains. My rule is to take whatever gains would bring me up to the top of whatever tax bracket I consider appropriate. I prefer the 0% bracket, so I'm planning to take gains to take me up to the top of the 0% bracket. It's hard to beat that! If y...
by technovelist
Sun Nov 19, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B premium unchanged for 2018
Replies: 32
Views: 2149

Re: Medicare Part B premium unchanged for 2018

Lynette wrote:
Sun Nov 19, 2017 9:42 am
Does anyone have a link to the tables for those of us who have additional taxes on our pensions via the IRMAA premium?
It's on this page: https://www.medicare.gov/your-medicare- ... costs.html
by technovelist
Sat Nov 18, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 12
Views: 1008

Re: Choosing tax lots to sell

I have a lot of unrealized losses and some unrealized gains.

My rule is to take whatever gains would bring me up to the top of whatever tax bracket I consider appropriate.

I prefer the 0% bracket, so I'm planning to take gains to take me up to the top of the 0% bracket.

It's hard to beat that!
by technovelist
Sat Nov 18, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: As we gear up for the predictions season, a look back on how they fared for 2017 so far
Replies: 19
Views: 2151

Re: As we gear up for the predictions season, a look back on how they fared for 2017 so far

wouldn't it be lovely if one year when asked what the market will do they would say: "It will fluctuate" — Bank of America Merrill Lynch "It will fluctuate" — Credit Suisse "It will fluctuate" — UBS "It will fluctuate" — Goldman "It will fluctuate" — Citi "It will fluctuate" — Jeffires "It will flu...
by technovelist
Sat Nov 18, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: As we gear up for the predictions season, a look back on how they fared for 2017 so far
Replies: 19
Views: 2151

Re: As we gear up for the predictions season, a look back on how they fared for 2017 so far

As we gear up for the predictions season, a look back on how they fared for 2017 so far Predictions are as useful as daily rush hour traffic reports for retirees. From Firesign Theater "Who knows? Who cares?" "What should we do about the epidemic of ignorance and apathy?" "I don't know and I don't ...
by technovelist
Fri Nov 17, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: As we gear up for the predictions season, a look back on how they fared for 2017 so far
Replies: 19
Views: 2151

Re: As we gear up for the predictions season, a look back on how they fared for 2017 so far

It would be pretty hard to sell a newsletter that said "We don't know what is going to happen, so just buy the market and spend your time on other matters".
by technovelist
Fri Nov 17, 2017 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5026

Re: Help for semi retired friend with 8 figure savings

I have to laugh at the gold helping to protect from a complete government collapse. Maybe true if the gold is not held in the US such as in a Swiss vault. Perhaps in another thread, we can see how gold helps out during a complete government collapse. I'm thinking folks have experienced this such as...
by technovelist
Fri Nov 17, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5026

Re: Help for semi retired friend with 8 figure savings

Dude seriously?!?!? This guy has 30 million dollars in assets. He has no worries. A businessman with 30 million in assets can be crushed faster than a desk-jockey professional wage earner with 500k in his 401k, IRA, Roth, and EF. The businessman is 1 lawsuit or 1 severe economic downturn coupled wi...
by technovelist
Fri Nov 17, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5026

Re: Help for semi retired friend with 8 figure savings

I don't know if I had 30mil I would consider 3 mil in gold as a very reasonable amount. At that point his 3 mil gold is simply an insurance policy that is well worth it. Because even if there is complete govt collapse, he will still be part of the 1% Yes, he should keep the gold. The rest should go...
by technovelist
Fri Nov 17, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: RE sale: long close vs. bird-in-hand
Replies: 28
Views: 1883

Re: RE sale: long close vs. bird-in-hand

Take the bird in the hand.

There are too many ways you could end up worse with option A for it to be worthwhile to take the risk.
by technovelist
Thu Nov 16, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34686

Re: Did you tell anyone you paid off your mortgage?

I don't understand the question. I can certainly live in the home that I own. Ok, so this was just a home equity line that you paid off? Normally if you have a loan against your house and it "runs out", you have to refinance it. I haven't heard that phrasing before. Are you thinking of a balloon lo...
by technovelist
Thu Nov 16, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34686

Re: Did you tell anyone you paid off your mortgage?

My current loan has run out, but I won't do anything until I decide whether I want to move in the short term. No point in getting a loan and then selling the house. Don't you have to do something ? Can you just live there without paying? :confused I don't understand the question. I can certainly li...
by technovelist
Thu Nov 16, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34686

Re: Did you tell anyone you paid off your mortgage?

As noted upthread, re-mortgaging a fully-owned property can be a lot more difficult than you're making it out to be, and will nearly always be more expensive. It depends. I used a home-equity loan that had a great interest rate (unfortunately nothing that good currently) with no closing costs. Now,...
by technovelist
Thu Nov 16, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1101598

Re: U.S. stocks in freefall

2b2 wrote:
Thu Nov 16, 2017 2:16 pm
Equity Risk Premium
If you want the Premium, you have to accept the Risk.
No way around it.

2b2
But I thought there was no risk "in the long term"? :mrgreen:
by technovelist
Thu Nov 16, 2017 4:15 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16302

Re: Flying first class, business, versus economy.

People have talked about cramped seats and people spilling over. Though I have experienced that, if you can fly on planes with a 2-5-2 configuration (which seems to be becoming more rare) and get in the "2" seats, it is just you and your spouse or friend. Problem is when it is your spouse spilling ...
by technovelist
Thu Nov 16, 2017 5:25 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5163

Re: Keurig died...what now?

You could try calling Keurig support: 1 (866) 901-2739 I've done this in the past and they have replaced, free, machines that were years out of warranty. No charge for shipping either. I have no idea if they still will do this. Second this. I called customer service a couple years back to inquire a...
by technovelist
Tue Nov 14, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5163

Re: Keurig died...what now?

Longtermgrowth wrote:
Tue Nov 14, 2017 12:40 am
I would go with a cheap little coffee brewer like the 5 cup Mr Coffee. It takes no time to put a filter in, scoop desired amount of coffee grounds, and brew a few cups.
That's what we have, and we like it a lot.
by technovelist
Tue Nov 14, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

The sale of $70 off the regular price of a set of 4 tires occurs regularly. However, there is currently an additional sale of 1 cent installation per tire. This special occurs much less often. If you want tires now, I would suggest taking advantage of that double special while it is still available...
by technovelist
Tue Nov 14, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

When does everyone replace? I'm at 4/32" and considering 'winter is coming' I'm thinking it's probably best to do it now even though they have some life left (in dry conditions atleast). The middle band that shows the wear the fastest is pretty smooth on my cars, but I'm waiting until they fail ins...
by technovelist
Tue Nov 14, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Tell me I'm not a total fool about my choice of a Medigap policy
Replies: 26
Views: 2345

Re: Tell me I'm not a total fool about my choice of a Medigap policy

Ok it's done..... :sharebeer I spoke to a different person at Aetna today when i called to sign up, thinking Plan G probably, but the premium for F is 191, not 206 (the agent Friday gave me the smoker rate accidentally). Multiplying it all out, for 2018 the incremental cost of F over G when conside...
by technovelist
Mon Nov 13, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3589

Re: Clements: Your "Number One Number"

wrongfunds wrote:
Mon Nov 13, 2017 8:25 pm
Credit card fees: 1%
What? You need to give up your BH credentials :shock:
I get thousands of dollars worth of benefits, mostly frequent-flier miles and point, from those credit cards.
Should I deduct that from the cost? :mrgreen:
by technovelist
Mon Nov 13, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 39
Views: 4066

Re: FAFSA EFC number shock! [Expected Family Contribution]

The middle class squeeze is ruining a generation of students who foolishly amass mountains of educational debt. The prestigious university degree invariably loses a lot of luster once the debt has to be paid. Expensive college regret is pervasive. A pragmatic approach to education that has utility ...
by technovelist
Mon Nov 13, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me I'm not a total fool about my choice of a Medigap policy
Replies: 26
Views: 2345

Re: Tell me I'm not a total fool about my choice of a Medigap policy

Ok it's done..... :sharebeer I spoke to a different person at Aetna today when i called to sign up, thinking Plan G probably, but the premium for F is 191, not 206 (the agent Friday gave me the smoker rate accidentally). Multiplying it all out, for 2018 the incremental cost of F over G when conside...
by technovelist
Mon Nov 13, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3589

Re: Clements: Your "Number One Number"

Well, let's see. (All percentages are of pre-tax (and post-tax :D) cash flow, which includes SS and withdrawals from savings) 1. Mortgage or rent: 0 (house paid off) 2. Car payments: 0 (3 paid-off vehicles) 3. Property taxes: 3% 4. Home insurance: 3% 5. Utilities: 10% 6. Life insurance: 7% 7. Medica...
by technovelist
Mon Nov 13, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me I'm not a total fool about my choice of a Medigap policy
Replies: 26
Views: 2345

Re: Tell me I'm not a total fool about my choice of a Medigap policy

Tomorrow, after pondering for 3 days, I will pull the trigger and enroll in a Medigap policy and Part D policy, both with Aetna; and after getting my cards will unenroll from my company sponsored Medical Advantage plan (which from another post yesterday I declared that i hate). The drug plan is set...
by technovelist
Mon Nov 13, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

When does everyone replace? I'm at 4/32" and considering 'winter is coming' I'm thinking it's probably best to do it now even though they have some life left (in dry conditions atleast). The middle band that shows the wear the fastest is pretty smooth on my cars, but I'm waiting until they fail ins...
by technovelist
Mon Nov 13, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

The sale of $70 off the regular price of a set of 4 tires occurs regularly. However, there is currently an additional sale of 1 cent installation per tire. This special occurs much less often. If you want tires now, I would suggest taking advantage of that double special while it is still available...
by technovelist
Mon Nov 13, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

You can negotiate the DT replacement tire warranty to a lower amount (many people do not think about this), and they will match lower prices. I found out something interesting about price matching tires last night while finishing my research to decide what to get for my own case. Based in large par...
by technovelist
Mon Nov 13, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10721

Re: The average American retiree household

wrongfunds wrote:
Mon Nov 13, 2017 1:32 pm
But I suspect there are lots of legitimate charts and other analysis in that paper
I'm sure there are. But that one (and another similar one) are really silly.
by technovelist
Mon Nov 13, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4144

Re: How do you project the amount you will have to spend annually in retirement?

Well hold on. The Death of a Spouse "problem" goes both ways. The version where the surviving spouse has too much income and in now in a higher tax bracket isn't one that we should spend much time worrying about... Not true at all! The surviving spouse does NOT have too much income because the inco...
by technovelist
Mon Nov 13, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10721

Re: The average American retiree household

the chart is funny but *exactly* what does the title of the chart mean? Just what it says: the percentage of families who have before-tax family income. Now why anyone would bother to chart something like that is another question. :sharebeer Why is that 100%? Aren't there any family who have NO bef...
by technovelist
Mon Nov 13, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

Just sayin... wrote:
Mon Nov 13, 2017 11:52 am
technovelist wrote:
Mon Nov 13, 2017 11:38 am
What does auto insurance have to do with horses? :confused
We have a horse trailer to move them around (my wife likes going to shows). When I mentioned that we had a horse trailer, they stopped the conversation immediately.
I see. How weird.
by technovelist
Mon Nov 13, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

OP, I live in your city and have first-hand experience with both Costco and DT in the past month. The prices vary back and forth depending on current sale deals, but the tie-breaker is which employee you deal with. For example, I had DT mount my new Blizzaks on some take-off rims I bought unused at...
by technovelist
Mon Nov 13, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 75
Views: 5353

Re: Costco for tires and car insurance?

I have bought tires both at Costco and at a local tire dealer, and have been happy with both. I'm going to need tires for two of my vehicles pretty soon. My current plan is to go to Costco and get a firm quote, then see if the local dealer will match it or at least come close. If it's close, I'll go...
by technovelist
Mon Nov 13, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Invest all my savings in a house?
Replies: 10
Views: 1215

Re: Invest all my savings in a house?

thangngo wrote:
Mon Nov 13, 2017 10:48 am
Don't do it. Terrible idea.
+ 1 million euros.
by technovelist
Mon Nov 13, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1101598

Re: U.S. stocks in freefall

I see nothing but the illusionary tax reform support the current market. IMHO, it will go down sooner or later, succeed or fail. Or, to rephrase, "nobody knows nuthin". For all the humor in the thread in these days of a prolonged bull market, folks may not be laughing when the next crash comes. As ...
by technovelist
Mon Nov 13, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10721

Re: The average American retiree household

wrongfunds wrote:
Mon Nov 13, 2017 10:41 am
the chart is funny but *exactly* what does the title of the chart mean?
Just what it says: the percentage of families who have before-tax family income.

Now why anyone would bother to chart something like that is another question. :sharebeer
by technovelist
Mon Nov 13, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10721

Re: The average American retiree household

"Average" is badly skewed by rich people and Boglehead types. So lets look at median values from the 2016 Federal Reserve Survey of Consumer Finance. The chartbook for this survey was released October 16, 2017. https://www.federalreserve.gov/econres/files/BulletinCharts.pdf This is my favorite char...
by technovelist
Mon Nov 13, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16302

Re: Flying first class, business, versus economy.

As a business owner I can set my own travel policy. I've decided that if it's important enough for me to go, it's generally important enough to be in first class domestically and business class internationally. This has two benefits: 1) if I have to go, then I arrive more refreshed and I am more pr...
by technovelist
Sun Nov 12, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4144

Re: How do you project the amount of income you will have in retirement?

Ah, this makes more sense. It depends on how long until you collect Social Security, and if SS will be a large percentage of your income. You also have to worry about one spouse dying. Spending a lot of your portfolio because you're depending on replacing that income with dual SS checks might be ri...
by technovelist
Sun Nov 12, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4144

Re: How do you project the amount of income you will have in retirement?

Not missing anything. It just seems an odd statement as there is only one check. However the spouse will get SS as a survivor which would presumably be the larger of the two checks previously received. The point, however, is that people do have to anticipate how much trouble the survivor might be i...
by technovelist
Sun Nov 12, 2017 5:51 pm
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10721

Re: The average American retiree household

But as for the theory that home ownership protects you from inflation, will taxes and insurance not go up? What about maintenance? Inflation will certainly impact taxes, insurance, and maintenance expenses, but these expenses are typically small relative to the cost of renting an equivalent home. S...
by technovelist
Sun Nov 12, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4144

Re: How do you project the amount of income you will have in retirement?

For those who retire well before SS they may want to spend well beyond 4% before collecting SS so if I want to have level spending for the first 15 years of my retirement 10 years before SS and 5 years after I am not thinking a straight 4% would give me the proper approximation. Kinda why I created...
by technovelist
Sun Nov 12, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: What Credit Card is good for me?
Replies: 19
Views: 1272

Re: What Credit Card is good for me?

Signing bonuses can be very lucrative. I've run up hundreds of thousands of airline miles that way, just by shifting spending from one card to another. I heartily recommend them if you are going to be traveling. The expert on this (besides flyertalk.com, which I see has already been mentioned), is t...
by technovelist
Sun Nov 12, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1637

Re: Windows 10 System image on USB flash drive

Finding the proper BIOS settings to get it to boot from USB was a bit tricky. For those who care (that would be those with Samsung laptops or ultra books) I needed to set the BIOS to: Pressing F2 at the very beginning of the boot gets you to the BIOS settings. Disable fast BIOS mode. Otherwise it w...