Search found 92 matches

by dadu007
Fri Oct 25, 2019 9:18 am
Forum: Personal Investments
Topic: Transamerica 401k advice
Replies: 17
Views: 1161

Re: Transamerica 401k advice

My employer uses Transamerica for our 401k. From what I can tell, my company works with one person at Transamerica to decide what funds will be offered. We started with Transamerica 3 years ago when my company was sold to a private equity firm. When we made the switch, I had all funds moved from the...
by dadu007
Wed Sep 11, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 5057

Re: Calling all iPhone SE Bogleheads

I had an iPhone 6S+, and after using it for a year, I decided it was just too big. My son wanted it anyway, and so I got an SE when they were on discount. I love it! Mostly for the size and speed. I'm a small guy, so it fits my hands. The rumor is they may make an updated version for release in 2020...
by dadu007
Fri Sep 06, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Percentage Calculation
Replies: 51
Views: 3376

Re: Savings Percentage Calculation

Well, if you want a detailed breakdown, I do the following monthly: I add up these items for EXPENSES : - Interest on Mortgage (I do not classify the principal portion of my monthly mortgage payment as an expense, since I'm adding to the equity in my house. YMMV) - Homeowner's insurance - Property T...
by dadu007
Wed Sep 04, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 244
Views: 30679

'It will be ugly': The Big Short's Michael Burry...

Any thoughts? This guy won big in the Great Recession:

'It will be ugly': The Big Short's Michael Burry on why index funds are like subprime CDOs

https://www.bnnbloomberg.ca/the-big-sho ... -1.1310874
by dadu007
Mon Sep 02, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback issue
Replies: 38
Views: 4056

Re: Subaru Outback issue

We have a 2014 Outback and also a 2001 Impreza wagon and a 2019 Ascent. Our Outback is just *ok*. 36000 miles on it. It's not particularly peppy, and the driver's seat has just a bit of play in it (it slides back just a fraction of an inch after accelerating from a stop). Subaru "looked at it" for $...
by dadu007
Sun Jul 14, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Did rockstarfinance.com sell their domain? It's trash now.
Replies: 18
Views: 2436

Re: Did rockstarfinance.com sell their domain? It's trash now.

I monitor this aggregator: https://fifeeds.com

Be patient, it takes about 30 seconds for the site to load as it gathers all the feeds...
by dadu007
Wed Jun 26, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 59
Views: 22964

Re: Picking up New Subaru-Worth buying extended warranty?

We just bought an Ascent in May (Premium trim level). This is a no-haggle Subaru dealership. The sales person went through all the extended warranty options and walked away for a bit. He came back and we said no to all of them. THEN he offered another bumper-to-bumper extended option (8 years total)...
by dadu007
Fri Jun 21, 2019 6:47 pm
Forum: Personal Consumer Issues
Topic: Recommend toaster
Replies: 27
Views: 2080

Re: Recommend toaster

I can relate. Our current toaster is a piece of junk. I bought it when our last one gave up the ghost. Must have spent a week reading all sorts of reviews. There doesn't seem to be a dedicated toaster out there that "just works"! This didn't seem to be a problem back in the 60s and 70s. I have one o...
by dadu007
Mon Jun 17, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 44797

Re: How Bad was 2008, really?

It was really bad. In my neighborhood, the effects were still very evident in 2011, when we had to move (due to my company closing my office and relocating me) and sold our house after year on the market; bought in 2006 for $195,000, sold (finally) in 2011 for $156,000. Ouch. I had to write a $3000 ...
by dadu007
Sun Jun 09, 2019 5:41 pm
Forum: Personal Investments
Topic: tIRA with a basis composed entirely of non-deductible contributions
Replies: 10
Views: 793

Re: tIRA with a basis composed entirely of non-deductible contributions

Thanks to all.
I did find the area in Schwab's website to do this:
I started a transfer from my tIRA to my Roth IRA, and then a link appears that says, "Click here for Roth Conversion".
After clicking on that the next page spells it out quite clearly. :-)
Thanks again for the help!
by dadu007
Sun Jun 09, 2019 1:03 pm
Forum: Personal Investments
Topic: tIRA with a basis composed entirely of non-deductible contributions
Replies: 10
Views: 793

Re: tIRA with a basis composed entirely of non-deductible contributions

I'd go ahead and do a Roth conversion. No sense in leaving this money in tIRA. Do you have the Forms 8606 for those non-deductible contributions? If not, that is where you need to start. Thanks for all the replies. I use TaxAct and so I do have the 8606 forms I submitted with my 2017 and 2018 retur...
by dadu007
Sat Jun 08, 2019 8:36 pm
Forum: Personal Investments
Topic: tIRA with a basis composed entirely of non-deductible contributions
Replies: 10
Views: 793

tIRA with a basis composed entirely of non-deductible contributions

Hello, I'm trying to get a handle on this... In 2017, for reasons I can't recall, other than to just stuff extra money somewhere to save it, I made a $6500 contribution to a new tIRA, $6300 of which was non-deductible (per my tax return). In 2018, we had a windfall inheritance AFTER I had made a $65...
by dadu007
Wed Jan 30, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 5270

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

I work with end-users all the time in my current job; I support proprietary industry software...these folks are not just browsing the internet. It is hard to exaggerate how many issues are fixed by a simple reboot...network connections, memory leaks, bad Bluetooth connections... I always advise peop...
by dadu007
Tue Jan 22, 2019 3:40 pm
Forum: Personal Investments
Topic: Contributed to Roth, may make too much in 2019
Replies: 21
Views: 1643

Re: Contributed to Roth, may make too much in 2019

I have Schwab. I put the $6500 in both my and my wife's Roth early last year. Later in the year, we unexpectedly cashed in an inherited annuity, putting us over the Roth income limits. I filled out a recharacterization form (one for each account) on the Schwab website and submitted electronically. F...
by dadu007
Sun Jan 20, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: Refurbished iPhones from Amazon
Replies: 23
Views: 2252

Re: Refurbished iPhones from Amazon

Try gazelle.com. Very reputable phone reseller (they buy and sell).
by dadu007
Tue Jan 15, 2019 4:05 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 245
Views: 23147

Re: Biggest Investment Mistake

Sold Apple stock at $15 per share (pre 7-for-1 split) because we needed fund for the down payment for our first house. I was excited about the first ever iMac coming out and wanted to hang on to it...sought the advice of my brother and he said Apple was going nowhere...It only skyrocketed from there...
by dadu007
Mon Dec 24, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Win 10 image backup software?
Replies: 50
Views: 4966

Re: Win 10 image backup software?

+1 for Macrium Reflect Home
I bought a family pack of 4 licenses two years ago. Just built my wife a new PC; fortunately you can "unlicense" an old PC with Reflect and move the license to the new PC without any fees or extra charges.
by dadu007
Thu Nov 15, 2018 9:35 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 4455

Re: which snow blower ?

+1 for two-stage Ariens. Don't just drain the tank; use Seafoam as gas treatment for spring and summer storage.
by dadu007
Fri Nov 02, 2018 11:19 am
Forum: Personal Investments
Topic: Is "recharacterizing" the correct method/term?
Replies: 11
Views: 710

Is "recharacterizing" the correct method/term?

Hello, So I contributed the max $6500 to both my and wife's Roth IRA earlier in the year(2018 tax year). Since then, we've had a windfall from cashing out an inherited variable annuity which pushed us over the limits to be able to contribute to Roth IRAs (first world problems, right?) We both have T...
by dadu007
Mon Oct 08, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Six Pillars of Self-Esteem: Nathaniel Branden
Replies: 16
Views: 2803

Re: Six Pillars of Self-Esteem: Nathaniel Branden

True story: I once knew a guy who appeared to be a very devoted father and family man. He had a wife and 4 young kids. He didn't make a lot of money, but he was making a living (not a lot of cash-in-reserve is what I'm saying...). Then he somehow got swept up in "finding himself", to the exclusion o...
by dadu007
Mon Oct 08, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Six Pillars of Self-Esteem: Nathaniel Branden
Replies: 16
Views: 2803

Re: Six Pillars of Self-Esteem: Nathaniel Branden

I read one or two of his books back in the 80s, during my own "new-age" personal fulfillment phase (trying to sort out a screwed-up childhood living among alcoholics). It was a bit helpful at the time, although something didn't feel right in my gut and gnawed at me; it was a bit TOO self-centered. I...
by dadu007
Fri Oct 05, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13853

Re: What purchase saved you the most money?

YNAB (classic, not the current subscription model). It never dawned on me to have the monthly budget funds in place BEFORE the beginning of the month...Best $60 I ever spent. My wife would agree that I'm a slow learner.
by dadu007
Mon Oct 01, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Dark stain wood floors
Replies: 27
Views: 2589

Re: Dark stain wood floors

Our 1998 home is filled with "honey oak". Not the "in" color. Not changing. Maybe in the next 10 years "honey oak" will be back in favor. :wink: :o I kind of doubt it though. Don't say that! :D Our 1988 house has tons of oak trim and cabinets. We put in red oak hardwood floors two years ago (polyur...
by dadu007
Fri Sep 28, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 9479

Re: Losing Passion for Hobbies. Cheap or normal aging?

I'm not sure if this fits the OP's situation, but I have been thinking about the "not pursuing old hobbies" thing a lot lately in my life. For years I've been into photography; since I was in college. The last few years I started collecting old film cameras, buying and selling and using them; camera...
by dadu007
Fri Sep 28, 2018 11:18 am
Forum: Personal Investments
Topic: Treasury Direct has awesome phone support! Thanks!
Replies: 21
Views: 2077

Re: Treasury Direct has awesome phone support! Thanks!

I had to call them once for a password reset issue, too. (my fault; old email account was no longer in use after a move.) I had an excellent experience on the phone, too. I give them high marks. Website is fine. I think I actually feel more secure with with its slight government klunkiness, instead ...
by dadu007
Wed Sep 26, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Does health insurance cover hearing aids
Replies: 21
Views: 1615

Re: Does health insurance cover hearing aids

I can understand why completely. I've known I need them for years, but I put it off and am only now about ready to do it. I expect that out of pocket for me will be around $5K, based on a few friends and relatives' experience. There is no Costco anywhere nearby. In general, hearing aids suck. They ...
by dadu007
Tue Sep 25, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Does health insurance cover hearing aids
Replies: 21
Views: 1615

Re: Does health insurance cover hearing aids

Did you know that the average person with known hearing loss waits seven years to get hearing aids? Nobody does that with eyeglasses. Sad. From the trade journal article below: "The majority of people with significant hearing loss and/or who have difficulty understanding speech in quiet or noise app...
by dadu007
Fri Sep 07, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 18
Views: 1787

Re: Short Sale Purchasing

You didn't do your due diligence. You moved into a house before you owned it. You were in a time crunch and tried to do a short sale. Hard to blame anyone but yourself. A simple name search in the deed records would find additional liens. Doesn't take lots of time or money. You're missing my point,...
by dadu007
Wed Sep 05, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 18
Views: 1787

Re: Short Sale Purchasing

Make absolutely sure there is not a second (or third) mortgage against the house you're purchasing. We bought a "short sale", but didn't know about the second mortgage until our offer was accepted. It was a nightmare that lasted 2 and half years...(another story for another day). It sounds from you...
by dadu007
Wed Sep 05, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 18
Views: 1787

Re: Short Sale Purchasing

We bought a "short sale", but didn't know about the second mortgage until our offer was accepted. It was a nightmare that lasted 2 and half years...(another story for another day). I'm very interested in your story. Could you please share? Curious about your wording...you didn't know about the seco...
by dadu007
Wed Sep 05, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 18
Views: 1787

Re: Short Sale Purchasing

Make absolutely sure there is not a second (or third) mortgage against the house you're purchasing. We bought a "short sale", but didn't know about the second mortgage until our offer was accepted. It was a nightmare that lasted 2 and half years...(another story for another day).
by dadu007
Fri Aug 24, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Wrong Tax estimate on liquidation of beneficiary's non-qualified variable annuity?
Replies: 2
Views: 266

Re: Wrong Tax estimate on liquidation of beneficiary's non-qualified variable annuity?

This is a very insightful analysis. Thank you!
I will write a letter to the custodian asking for an explanation.
by dadu007
Fri Aug 24, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Wrong Tax estimate on liquidation of beneficiary's non-qualified variable annuity?
Replies: 2
Views: 266

Wrong Tax estimate on liquidation of beneficiary's non-qualified variable annuity?

Real-life situation: Took possession of a non-qualified variable annuity (non-spouse beneficiary). - After passing of the deceased, ownership obtained in January 2017, value was $252,000. - Original "premium" (non-taxable funds used to set up annuity) was $181,000 (2007). - Withdrew $18,000 in Febru...
by dadu007
Tue Aug 21, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: wood flooring recommendations
Replies: 13
Views: 1564

Re: wood flooring recommendations

I have installed engineered laminate, forbo marmoleum, and chip tile flooring. All doable. I knew I didn't have the chops to install hardwood flooring... Looked at all the major big box stores, etc. and didn't see any way to do it. Started asking colleagues at work if they could recommend anybody. F...
by dadu007
Thu Jul 05, 2018 12:38 pm
Forum: Personal Investments
Topic: View Vanguard account within Schwab (connected accounts)
Replies: 17
Views: 2276

Re: View Vanguard account within Schwab (connected accounts)

I tried this several months ago (when the "connected accounts" section was new), but it never worked properly, maybe because I have two-factor authentication setup on Vanguard (and am not going to undo that)...
by dadu007
Mon Apr 30, 2018 7:36 pm
Forum: Personal Investments
Topic: Is it worth it to dissolve this inherited annuity?
Replies: 33
Views: 3458

Re: Is it worth it to dissolve this inherited annuity?

Is this a non-qualified annuity? My wife inherited a non-qualified annuity and when it was transferred to her (she became the annuitant/owner) she had three options: - Total cash out at once - Cash out within 5 years - Continue ownership for an undetermined time She had to specify which option she w...
by dadu007
Mon Feb 05, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on house sold in trust? (below market value)
Replies: 3
Views: 377

Re: Taxes on house sold in trust? (below market value)

Proceeds were not retained in the trust. My wife is the only Trustee. An inherited house has a stepped-up basis based on the market value at the time of death (which is when she became trustee). Just like stocks...The house was sold below market value, according to Zillow (when you look at Zillow's ...
by dadu007
Mon Feb 05, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on house sold in trust? (below market value)
Replies: 3
Views: 377

Taxes on house sold in trust? (below market value)

Hello, Here is the scenario: - Father-in-law died in November, 2016. The market value of his home on his date of death was ~ $220,000. This would then be considered the stepped-up cost basis of the house, correct? - The house was held in a Living Trust and was sold in March 2017 for $199,000 (just w...
by dadu007
Mon Nov 13, 2017 5:45 pm
Forum: Personal Consumer Issues
Topic: Iphone 4
Replies: 37
Views: 3152

Re: Iphone 4

You can get an iPhone SE for $99. I would highly recommend the upgrade. Can you tell me how to get the SE for $99? That's such a killer deal. The SE is quite capable. I'm assuming this is an unlocked phone. I just bought a brand new "unlocked" SE for my wife (her 5S was failing). It was $349 from A...
by dadu007
Mon Nov 13, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Iphone 4
Replies: 37
Views: 3152

Re: Iphone 4

But what do people do on Iphones apart from make calls, check emails, texts, and browse websites? Is the performance difference when it comes to playing games or watching videos (neither of which I do on the Iphone)? Run financial and banking apps (Schwab/AMEX/Fidelity/USAA), Run YNAB budgeting app...
by dadu007
Wed Aug 09, 2017 1:10 pm
Forum: Personal Investments
Topic: Can Schwab transfer in kind vanguard admiral
Replies: 2
Views: 598

Re: Can Schwab transfer in kind vanguard admiral

My wife inherited an IRA at JP Morgan Chase that had a couple funds in it that were Vanguard Admiral shares.
We transferred the entire IRA and funds in-kind without a problem into an inherited IRA that we set up at Schwab for her.
by dadu007
Wed Aug 02, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Cheap notebook for surfing/watching videos
Replies: 18
Views: 2179

Re: Cheap notebook for surfing/watching videos

iPad is still the best bet for seniors. Apple has always built their hardware around an intuitive UI. Chromebooks will be a huge headache for the non-techy person as soon as they run into some incompatibility issue. iPads are more expensive for sure, but worth it for fewer headaches. My 82-year-old ...
by dadu007
Wed Aug 02, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 73
Views: 8700

Re: Non Stick frying pan

I bought a "GreenPan" brand non-stick frying pan several years ago. It has a smooth ceramic coating. I absolutely love it.
by dadu007
Tue Aug 01, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: "the top 1 percent of families had $1.08 million or more saved in 2013."
Replies: 26
Views: 5092

Re: "the top 1 percent of families had $1.08 million or more saved in 2013."

Chan_va wrote:This specifically looks at amount in 401k plans. The top 1% have ~8M in net worth.
This helps and is more along the lines of what I expected.
by dadu007
Tue Aug 01, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: "the top 1 percent of families had $1.08 million or more saved in 2013."
Replies: 26
Views: 5092

"the top 1 percent of families had $1.08 million or more saved in 2013."

I don't believe this, but I don't have the analysis chops to find the holes in their study...Anyone?
I think it's gotta be higher than 1%...

https://www.cnbc.com/2017/07/31/how-muc ... ement.html

What do you think?
by dadu007
Mon Jun 19, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: Lg refrigerator vs Samsung refrigerator.
Replies: 37
Views: 25646

Re: Lg refrigerator vs Samsung refrigerator.

We have a Samsung French door fridge (double-door/freezer on bottom), mainly because it was the only double-door that was not too tall. Bought through Best Buy. Overall we have loved it. But a couple months ago it just stopped cooling... Had a hard time finding someone to come look at it...ended up ...
by dadu007
Thu Jun 15, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: Password Managers
Replies: 61
Views: 6994

Re: Password Managers

I use Dashlane paid version. As above, it allows syncing across ALL PCs and iOS products. Absolutely indispensable to me now and it has eliminated that dreaded password anxiety and stress. HIGHLY recommended. Hard to believe, but I have 468 passwords stored (some are for the wife and kids).
by dadu007
Thu Jun 15, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: trying to join MR. MONEYMUSTACHE forum
Replies: 7
Views: 3384

Re: trying to join MR. MONEYMUSTACHE forum

I signed up there a couple years ago...It took me a couple days and an email to MMM himself to get me in...what a headache.
But I have respect for him; he's done a lot towards popularizing personal financial responsibility.
Your experience is not unique for sure.