Search found 3678 matches

by BolderBoy
Mon Feb 19, 2018 12:12 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 66
Views: 4911

Re: Sams Club vs Costco

One data point: In my area the Sam's store closed "due to competition and lack of business". The competition is a Costco store that has been a big success. Same experience here. Sam's (opened mid-1990s) and Costco (opened 1999) were about 2-3 miles apart, but people would consistently drive past th...
by BolderBoy
Sat Feb 17, 2018 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Possible messy Roth recharacterization on the horizon
Replies: 7
Views: 477

Re: Possible messy Roth recharacterization on the horizon

He's talking about recharacterizing a current year contribution, not a conversion. I don't believe the tax bill changed those rules. You are absolutely right and I apologize for misunderstanding the difference. OP, disregard what I said. https://www.stawealth.com/2018/01/10/happy-birthday-roth-ira-...
by BolderBoy
Sat Feb 17, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Possible messy Roth recharacterization on the horizon
Replies: 7
Views: 477

Re: Possible messy Roth recharacterization on the horizon

DW and I are dollar-cost-averaging max Roth contributions for 2018 into Vanguard Total Stock Market Admiral Shares in existing Roth accounts at Vanguard but we are getting pretty close to the 22% tax bracket and may want to recharacterize some 2018 Roth contributions in order to stay in the 12% mar...
by BolderBoy
Sat Feb 17, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Is there a way to send text messages on my computer?
Replies: 24
Views: 2502

Re: Is there a way to send text messages on my computer?

rkhusky wrote:
Sat Feb 17, 2018 1:08 pm
I send to @vtext.com for Verizon all the time.
For those who don't understand that minimalist answer :), eg: 3034441212@vtext.com
by BolderBoy
Fri Feb 16, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: Medical records - saved me money, time, trouble and XRay exposure :)
Replies: 12
Views: 1228

Re: Medical records - saved me money, time, trouble and XRay exposure :)

My dad was in the USArmy and I was a brat. One of the things mom had to do before we left each post for the last time was to stop by the hospital and pick up our medical records - all of them. When we got to the new post one of the first stops was the new hospital. Clever idea at the time.
by BolderBoy
Tue Feb 13, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Am I missing something?
Replies: 4
Views: 593

Re: Am I missing something?

Jermbo wrote:
Tue Feb 13, 2018 10:44 am
I keep wondering if lots of worry happens due to the incorrect AA due to mistaken risk tolerance...
This is certainly a goodly part of it.

Everyone is brave until the bullets start flying.
by BolderBoy
Tue Feb 13, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: What is your passive investment sources?
Replies: 7
Views: 1255

Re: What is your passive investment sources?

s3nk1s wrote:
Tue Feb 13, 2018 3:58 am
I would like to get passive income each month like 300-400 EUR in few years.
Are you not USA-based? You might add your country name to the subject line for more focused answers.
by BolderBoy
Tue Feb 13, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Allocate 600,000 Fixed Income?
Replies: 11
Views: 1499

Re: Where To Allocate 600,000 Fixed Income?

1) Pay hyourself first, pay off your mortgage. Then invest the equivalent of the payments monthly per your IPS. This still leaves you a good chunk to invest now, and a guaranteed interest rate on the mortgage balance you cannot get guaranteed anywhere else. 2) I would invest in tax advantages bonds...
by BolderBoy
Mon Feb 12, 2018 11:35 pm
Forum: Personal Consumer Issues
Topic: USPS Flat Rate Boxes - How do they work?
Replies: 27
Views: 2099

Re: USPS Flat Rate Boxes - How do they work?

Former postal retiree, here....and just want to thank y’all for supporting the USPS...... I think it’s the best deal in the country! I may be biased as I worked there for 30+ years, but compared to other countries, we are a good deal! Yes, there are issues that many have had in the past, but in my ...
by BolderBoy
Mon Feb 12, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are the chances of corrected 1099s?
Replies: 19
Views: 1201

Re: What are the chances of corrected 1099s?

nps wrote:
Mon Feb 12, 2018 7:26 pm
BolderBoy wrote:
Mon Feb 12, 2018 6:40 pm
BeginnerInNYC wrote:
Mon Feb 12, 2018 5:50 pm
I just got my 1099s this afternoon from Vanguard.
Didn't you sign up for electronic delivery? I got my VG 1099s by January 16.
You must not have a brokerage account with them
Ahhhh. Right, I don't.
by BolderBoy
Mon Feb 12, 2018 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need help for the portfolio
Replies: 2
Views: 176

Re: Need help for the portfolio

Hi I am 34 years old and thinking to do long term investment in a taxable account. I am planning to use vanguard. Please advise regarding the fund allocation and which vanguard funds to use. I am planning to invest in next 2-3 weeks. Also would it be the good time to invest in these funds or shall ...
by BolderBoy
Mon Feb 12, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help me NOT pay for a financial planner!
Replies: 15
Views: 1759

Re: Help me NOT pay for a financial planner!

Social Security Me, claiming at age 70: Max at that time, likely $40k in current dollars Spouse, claiming at her age 67 (my age 65): Max for FRA, 36k in current dollars Just to play the devil here, SS has something they refer to as "maximum family benefits"; something around $54k. I've long wondere...
by BolderBoy
Mon Feb 12, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3800

Re: A bill from the doctor - how/should I contest?

3. We paid our "last" bill to the dr office last October. When they payment was made, we were told that we had no outstanding balance and we had paid for everything in full. You have a statement showing that your account is paid in full (zero balance outstanding)? You've received no further service...
by BolderBoy
Mon Feb 12, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: USPS Flat Rate Boxes - How do they work?
Replies: 27
Views: 2099

Re: USPS Flat Rate Boxes - How do they work?

Thanks to all who replied. Just picked up some flat rate medium boxes at the post office. I use PayPal for shipping so I can create labels and pay postage from there. Will work well for me as I have some small but heavy items going cross country. They also have "Regional Rate" boxes in "A" and "B" ...
by BolderBoy
Mon Feb 12, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2095

Costco Kirkland Brand Toothpaste

Has Costco discontinued this? I'm asking here because my local warehouse doesn't know the answer. Did a Google search and the results were ambiguous. When I was in the Costco last week, a floor manager queried the computer for the nearest Costco which had the product (while I looked at the computer ...
by BolderBoy
Mon Feb 12, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: What are the chances of corrected 1099s?
Replies: 19
Views: 1201

Re: What are the chances of corrected 1099s?

I just got my 1099s this afternoon from Vanguard. Didn't you sign up for electronic delivery? I got my VG 1099s by January 16. Haven't seen them send a corrected 1099 and I've been with VG since 1991. Then there is the broker I had to use last year as part of settling an estate. Got a letter from t...
by BolderBoy
Mon Feb 12, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4711

Re: Family expecting “comps”

SunDevil wrote:
Sun Feb 11, 2018 11:46 am
We offered a refund and they then said the money is not the issue but it is the principle.
Send them a response asking them to disown you as "family". See how they respond to that.
by BolderBoy
Mon Feb 12, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: General Roth conversion question
Replies: 1
Views: 219

Re: General Roth conversion question

DebiT wrote:
Mon Feb 12, 2018 6:11 pm
Am I right in assuming that unless we have a year or two of much lower income, there is no window to do Roth conversions, since our tax bracket will be highest while we are working and lower after 70?
Probably right.
by BolderBoy
Mon Feb 12, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Funding Self Employed 401k
Replies: 2
Views: 188

Re: Funding Self Employed 401k

We finally set up a self employed 401k for my wife/wife's business at Fidelity. We had a year with a lot of unknowns so never funded the new 401k for 2017. Now that all her 2017 billings are complete we want to fund the 401k. We understand the employee/employer limits. Was the 401k actually opened ...
by BolderBoy
Mon Feb 12, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to execute on financial plans
Replies: 5
Views: 664

Re: Waiting to execute on financial plans

Bwlonge wrote:
Sun Feb 11, 2018 9:34 pm
I'm having serious mindfulness issues with my life and finances here. I need to stop constantly tweaking and projecting and do something else with my time 😥
"The enemy of a good plan is a perfect plan." You'll likely never be able to create a "perfect plan" - there are too many variables in play.
by BolderBoy
Sun Feb 11, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio simplification help
Replies: 4
Views: 521

Re: Portfolio simplification help

Desired Asset allocation: Vanguard questionnaire states 100% equities which is too aggressive in my opinion. Probablly somewhere between 80/20 and 90/10. Desired International allocation: Not sure – 20-30 percent?? At age 36ish 80/20 is plenty aggressive. And 20% international is quite enough, IMO....
by BolderBoy
Fri Feb 09, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Financially secure, horrible workplace but just can't FIRE
Replies: 54
Views: 6289

Re: Financially secure, horrible workplace but just can't FIRE

The reasons I am having so much difficulty retiring resigning are (1) it's an irrevocable decision, (2) I've been working since I was 12 (delivering newspapers) and I'm just programmed to work, and (3) health care, 'cuz you ever know. But it's killing me, draining my soul, effecting my relationship...
by BolderBoy
Fri Feb 09, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4900

Re: I didn't tax-loss harvest this month, did you?

I didn't tax-loss harvest so far this month nor in January, did you? I had no positions with losses in my taxable accounts to tax-loss harvest. I did, but not by intention. TLHed in December, IntermTerm Tax-Exempt -> Limited Term TE and on January 31 exchanged back to ITTE. Small loss accumulated i...
by BolderBoy
Fri Feb 09, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: For the millionth time - Should I consider an investment advisor?
Replies: 10
Views: 1310

Re: For the millionth time - Should I consider an investment advisor?

I agree with RRAAYY3. And the mere fact you are on here talking about all this in a very cogent way shows clearly that you can do this yourself with great ease. Insofar as the FA goes, the question to ask is, "Am I getting my moneys worth from the expensive advice and management they are giving?" Wh...
by BolderBoy
Fri Feb 09, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4900

Re: I didn't tax-loss harvest this month, did you?

I didn't tax-loss harvest so far this month nor in January, did you? I had no positions with losses in my taxable accounts to tax-loss harvest. I did, but not by intention. TLHed in December, IntermTerm Tax-Exempt -> Limited Term TE and on January 31 exchanged back to ITTE. Small loss accumulated i...
by BolderBoy
Fri Feb 09, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting questions (for a newbie)
Replies: 5
Views: 483

Re: Tax loss harvesting questions (for a newbie)

1. Is there a timing issue in that most of the fund lots in VTSAX and VTIAX were purchased less than 30 days ago -- should I wait more than 30 days to sell the lots with losses? Don't wait. Sell and buy something else today. VTSAX -> VLCAX. VTIAX -> VFWAX would be my recommendations. 2. Since they ...
by BolderBoy
Fri Feb 09, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner with a 401K Question
Replies: 21
Views: 657

Re: Beginner with a 401K Question

I'm not ashamed to call myself a rookie investor... Me either. I have one mutual fund FCAKX which is a large growth fund mixed with financials etc. This fund is about 40% of my account and I don't actively contribute to it the moment since moving any new deposits into my second mutual fund. My seco...
by BolderBoy
Fri Feb 09, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Buy equities or rebalance?
Replies: 6
Views: 429

Re: Buy equities or rebalance?

Because the stock market has been skyrocketing, my AA allocation is out of whack and heavier in equities than I would prefer. Can you use some of your cash to buy bonds and rebalance by doing that? Seems strange you want a 60/40 AA and with the current pummeling that equities are taking that you ar...
by BolderBoy
Thu Feb 08, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from someone experienced with bankruptcy and probate
Replies: 16
Views: 820

Re: Need help from someone experienced with bankruptcy and probate

If the advice turns out to be bad there is recourse. :( :( As I was doing a peribulbar block on a medical malpractice lawyer who'd had a heart transplant, he said to me, "If the anesthetic goes bad I can always sue you." (to which I responded, "I've never killed a medical malpractice lawyer before ...
by BolderBoy
Thu Feb 08, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from someone experienced with bankruptcy and probate
Replies: 16
Views: 820

Re: Need help from someone experienced with bankruptcy and probate

I appreciate the advice. I'm more or less looking for guidance because my mother is working with 2 attorneys from the same firm that are handling both the bankruptcy (original attorney) and now the probate attorney. Based on what she is relaying to me they seem to think the equity in the home still...
by BolderBoy
Thu Feb 08, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8622

Re: Tenants want to break lease early and is pregnant

You said they were great tenants; that's like gold. Let 'em go early, wish them well, thank them for being good tenants, and offer to give them a good reference. They probably found a bigger place to accommodate a growing family and don't want to lose it. +1. This. "Life is short and full of pain..."
by BolderBoy
Thu Feb 08, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: POD Beneficiary ID
Replies: 9
Views: 521

Re: POD Beneficiary ID

This bank demands SSN to name beneficiaries. Isn't it mostly illegal to use an SSN to identify people? A few entities are exempt from the prohibition (IRS, state taxing authorities). You might want to research this and confront them about it. You could also just matter-of-factly give them a made-up...
by BolderBoy
Thu Feb 08, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7382

Re: How to deal with regret

except for the fact that if there is a huge drop it means that I could have bought those stocks much cheaper... So I am feeling regret and I am beginning to feel stupid... :( Woulda, coulda, shoulda... The investing isn't stupid. If you were to now bail out, that would be stupid. And a lot of peopl...
by BolderBoy
Wed Feb 07, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 3505

Re: Jogging in the cold.

No cardiac troubles, right? Getting cold like that can increase afterload quite a bit. Add in exertion...

Lots of snow shoveling MIs around the country.
by BolderBoy
Wed Feb 07, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC and Where to Report Income
Replies: 6
Views: 489

Re: 1099-MISC and Where to Report Income

That gets me to thinking... can I establish a solo 401k for the Schedule C income in 2017 in addition to the myriad of tax-advantaged accounts that the firm has for its equity partners? Unfortunately not. A solo 401k has to be opened in the year the Schedule C income was earned (it can be funded la...
by BolderBoy
Wed Feb 07, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Advice on my portfolio
Replies: 8
Views: 535

Re: Advice on my portfolio

iknowmyabc wrote:
Wed Feb 07, 2018 1:58 am
Emergency funds: have emergency funds to support 3 months
Is this a large enough EF? Most experts recommend 6 months minimum.

And yes, you are over-concentrated (ie, under diversified) by having so much of your employer's stock.
by BolderBoy
Wed Feb 07, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: New to site and looking for some guidance
Replies: 8
Views: 345

Re: New to site and looking for some guidance

Dirtdude wrote:
Wed Feb 07, 2018 9:15 am
... i have a 401? that i can contribute 5500 max for tax reasons i guess.
Can you find out exactly what is this "401?" thing?
by BolderBoy
Wed Feb 07, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: 401k Insight Needed
Replies: 6
Views: 312

Re: 401k Insight Needed

You could roll over the 403b balance to a Traditional IRA at Fidelity or Vanguard, which would be my advice. You can do the math to decide whether or not you should convert the balance to a Roth. The tax-deferral of a 401k is very valuable so you should probably contribute even if the options aren'...
by BolderBoy
Wed Feb 07, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 3981

Re: Retired or close to it -- what do you hold in bond portion?

Retired. 30/70. Bond portion is about 55% Total Bond Index (in tax-deferred) and 45% Interm Term Tax-Exempt (in taxable).
by BolderBoy
Wed Feb 07, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 988

Re: market downturn

I have 50/50 allocation with Vanguard Index Funds. I am 66 and retired. Not withdrawing from IRA yet. I'm wondering if 50/50 is appropriate for my age in this expected ugly downturn. I hear people say they aren't in the stock market at all. What could I be doing to keep my nest egg instead of worry...
by BolderBoy
Wed Feb 07, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Am I creating an issue? [tax lots with many periodic contributions]
Replies: 21
Views: 1243

Re: Am I creating an issue?

soccerdad12 wrote:
Wed Feb 07, 2018 10:38 am
I thought investing as soon as money is available was one of the main principles of the BG philosophy?
Yes, the best time to invest is when you have the money.

But I'm confused - you get paid twice a month yet "have the money available to invest" 8-10 times per month? How's that?
by BolderBoy
Tue Feb 06, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need help picking Vanguard Index Funds.
Replies: 17
Views: 1991

Re: Need help picking Vanguard Index Funds.

My questions are as follows: 1. Would you feel comfortable moving the wife's money also into Vanguard or would you leave it in Fidelity so as not to have all your eggs in one basket? Opinions vary about this. I have all mine at Vanguard. Nothing wrong with spreading it around, just watch out for th...
by BolderBoy
Tue Feb 06, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Comcast Modem Rental
Replies: 41
Views: 2618

Re: Comcast Modem Rental

knpstr wrote:
Tue Feb 06, 2018 10:12 am
Why would anyone rent a modem from Comcast?
Comcast Business Class requires that you rent the modem from Comcast.
by BolderBoy
Mon Feb 05, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14591

Re: Vanguard site is crashed now?

For all anyone knows, there could have been enough legitimate activity bunched up to look like a DDOS attack, so VG's servers did the right thing and funneled all login attempts to the bit bucket.
by BolderBoy
Mon Feb 05, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15928

Re: Blood in the water- buying?

RRAAYY3 wrote:
Mon Feb 05, 2018 1:10 pm
we have officially plummeted to January 4th valuations. the streets must be running red at this point.
It's percentages that matter; #s don't.

Portfolios may need rebalancing before this is over ("selling high, buying low"). [he says, licking his chops]
by BolderBoy
Sun Feb 04, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: 2017: A hard, complicated time, i.e. Death & Taxes
Replies: 15
Views: 1793

Re: 2017: A hard, complicated time, i.e. Death & Taxes

So, long story short, I’m hoping to handle all this through TurboTax, as I’ve used them for years, but not with all this extra stuff going on. What say you??? Let me know if I left anything out or other thoughts and thanks in advance!!! I'd bet you can do it all with TT. My mom died last year, too....
by BolderBoy
Sun Feb 04, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13326

Re: Financial Hole

I am currently heading toward a financial black hole...I'm working 12 hour days just to make ends meet,but now I can't even do that. I've maxed out my cards and am now doing payday loans,but there are only so many in a year I'm allowed from my lender. In the meantime my bills seem to be snowballing...
by BolderBoy
Sun Feb 04, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Advice for a youngin'
Replies: 7
Views: 975

Re: Advice for a youngin'

Vanguard showed me the 2050 fund which shows 89% stocks and 10% bonds - claims it is riskier than others but is good for me. Is this a wise choice to put all my money in this fund and just leave it alone and forget about it for the next 35+ years :?: It is a fine choice for you under the circumstan...
by BolderBoy
Sun Feb 04, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account dividends and capital gains
Replies: 14
Views: 1242

Re: Taxable account dividends and capital gains

I have a question regarding taxable account investing. Currently I have it setup to reinvest my dividends and capital gains. I have been reading that I should both of them to my money market account. Is it advisable to do both or just the dividends? I am thinking it should just be the dividends. It...
by BolderBoy
Sun Feb 04, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 13548

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I've been investing since 1984. Current age is 53. I have a State Government Pension that covers all of my living expenses +. Are you absolutely, 100%, guaranteed positive that your state government pension cannot be modified detrimentally in any way whatsoever? If you answer this question with a "...