Search found 3419 matches

by BolderBoy
Sun Dec 10, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Experiences with Quicken to GNUCash Conversion.
Replies: 9
Views: 648

Re: Experiences with Quicken to GNUCash Conversion.

Below, I am posting a mini-guide I've created... Thank you for doing this. You pointed out some subtle differences in what I was trying (and failing) to accomplish. My biggest problem was that a HUGE "unspecified" account was created during import and most transactions ended up in it. I'll be tryin...
by BolderBoy
Sun Dec 10, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Experiences with Quicken to GNUCash Conversion.
Replies: 9
Views: 648

Re: Experiences with Quicken to GNUCash Conversion.

So my question is: does GNUCash support more than one account? By the way, in my case in each account, there are a few subaccounts (moneys are kept in more than one bank) Yes it does. The easiest way to do this that I've found is to simply use different names for the database file that GC creates. ...
by BolderBoy
Sat Dec 09, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Pay taxes on free food?
Replies: 27
Views: 2420

Re: Pay taxes on free food?

I have never received a 1099 from any of the pharmaceutical companies. I would guess 8-10 different companies have provided lunches for our department at about $10-$15 per lunch, and I have gone to a few dinners as well at around $80-$100 each. The gifts are only food and beverage. When I look at m...
by BolderBoy
Sat Dec 09, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Home Security Camera: Post a Warning Sign or Not?
Replies: 18
Views: 1998

Re: Home Security Camera: Post a Warning Sign or Not?

p14175 wrote:
Sat Dec 09, 2017 12:20 pm
For years we had a large dog house in our backyard. No dog. It worked pretty good as a deterrent.
A friend suggested leaving a pair of size 18 boots and a "Fido" water bowl about 10 gallon size, outside the back door.
by BolderBoy
Sat Dec 09, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pay taxes on free food?
Replies: 27
Views: 2420

Re: Pay taxes on free food?

bigredmachine wrote:
Sat Dec 09, 2017 1:17 pm
I am self-employed and receive free meals from pharmaceutical companies.
Is this regular and ongoing? Before I retired, various reps would pay for food for me (and everyone else in the department) but it was quite irregular, almost never "scheduled" and I never claimed it as income.
by BolderBoy
Fri Dec 08, 2017 9:55 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1027

Re: National Pearl Harbor Remembrance Day

Thank you for posting, Taylor and for your part in ending WW2. My father was with Patton and lived to come home. Interestingly, my boss when I was in the USAF (1969) enlisted in the Navy in WW2 when he was 12 y/o (1942). He was assigned to an AA gun on a ship and fought in several campaigns until th...
by BolderBoy
Fri Dec 08, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: What Bonds to Hold in Taxable?
Replies: 7
Views: 805

Re: What Bonds to Hold in Taxable?

I wanted to gather a few opinions on portfolio allocations of bonds. I know the Wiki on this site advises tax efficient placement and so I have placed all my bond holdings (BND and BNDX, together 10% of my whole portfolio) in my Roth IRA. But consider this... Roth IRA money is the last money you wi...
by BolderBoy
Thu Dec 07, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5044

Re: Recommended places to live

Ok, sure. Up to 800,000 or so, must have at least 3/4 acre lot, and must be at least 2,500 square feet. Large airport is not critical, but definitely something to consider as we take frequent trips to Japan. On that note, access to preferably a Japanese or at least Asian supermarket is necessary, b...
by BolderBoy
Thu Dec 07, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Spending or Roth Conversions
Replies: 5
Views: 321

Re: Taxable Spending or Roth Conversions

drzzzzz wrote:
Thu Dec 07, 2017 2:43 pm
...so is it better to spend from taxable to support ourselves over the next 8 years and let the tax deferred accounts continue to grow (if that happens) and make Roth conversions during the next 8 years...
Yes, this is better. Especially the Roth conversions part.
by BolderBoy
Thu Dec 07, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4742

Re: I received a speeding ticket via mail from IA - should I pay it?

For those that don’t have a problem with it , at what point is it overboard? What if they had them every 10-20 miles and you got 20 tickets driving through the state? Why not simply add a line item to your annual budget for $2k or whatever, to pay speeding tickets? Then just go about your business ...
by BolderBoy
Thu Dec 07, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5044

Re: Recommended places to live

Several recommendations for Washington, Arizona, Colorado, and Tennessee have been given. Based on the above, what are the advantages/disadvantages of these and the other recommendations? We need more info from you. How much are you willing to spend for housing? Do you need a large airport nearby? ...
by BolderBoy
Thu Dec 07, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4742

Re: I received a speeding ticket via mail from IA - should I pay it?

He took cash on the spot? Why does this make me think something was fishy? Hah! In 1970 my buddy was pulled over for speeding by a New Mexico state cop. The entire infraction was handled on-the-spot and the cop gave my buddy both the ticket and receipt for payment of the fine. I watched the whole t...
by BolderBoy
Thu Dec 07, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: SSN on job applications
Replies: 33
Views: 1683

Re: SSN on job applications

Can you give us a hint as to what type of work you are seeking (software engineer, nanny, nurse, ???)

There may be ways to get an inside track.
by BolderBoy
Thu Dec 07, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 52
Views: 3156

Re: What did you do with your first RMD withdrawal money?

montanagirl wrote:
Thu Dec 07, 2017 10:06 am
When you get RMDs from Vanguard, can they go straight to a taxable account at VG, or do they need to come all the way "home" to your bank, and then be reinvested (for appearance's sake)?
Straight into taxable at VG is good enough.
by BolderBoy
Thu Dec 07, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Not Screw Up Back Door Roth
Replies: 3
Views: 336

Re: Help Me Not Screw Up Back Door Roth

Thesaints wrote:
Thu Dec 07, 2017 12:23 pm
If you do the backdoor during the year while you still have a tIRA, but then you rollover that tIRA before 12/31, there is no tax liability, right ?
At least that’s what I understand from filing 8606
Correct.
by BolderBoy
Thu Dec 07, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 70
Views: 5371

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

Since I graduated with my associate's degree in 2004 at 20 years old, I have worked for 2 other small IT business with less than 30 employees. I am the only employee of my current employer as Systems Engineer for a small IT Managed Services company. I have been with my current employer since March ...
by BolderBoy
Thu Dec 07, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3513

Re: Does it look like a bubble to you?

CULater wrote:
Wed Dec 06, 2017 8:09 pm
It does to Goldman and to me too, so I'm edging toward the exit. Anyone want to join me?
Has market timing worked for you in the past? It has never worked for me so I won't be joining you. Enjoy the trip.
by BolderBoy
Thu Dec 07, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing for a loss??
Replies: 10
Views: 758

Re: Rebalancing for a loss??

I might be misunderstanding this but.... I have the majority of my retirement account in the TSP. If I rebalance when stocks are down, doesn't that "lock in" losses? Example: If all of my TSP funds are down 10% and I rebalance my entire account, aren't those 10% losses locked in because TSP will sa...
by BolderBoy
Thu Dec 07, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Investment Advice, Small Taxable Acc't Ideas
Replies: 3
Views: 287

Re: Portfolio Investment Advice, Small Taxable Acc't Ideas

I'm considering leaving $5,000 as cash, putting $5,000 into a MA muni fund and adding additional funds to that over the course of the next year. I sort of like this idea as long as you recognize that many state-specific muni funds are long term. Since I think you should have an emergency fund (even...
by BolderBoy
Wed Dec 06, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4742

Re: I received a speeding ticket via mail from IA - should I pay it?

Worst case if you don't pay it they send it to collections. No idea if they'd take it as far as reporting to credit agencies. No that's not how it works, they issue a bench warrant for your arrest in that state and flag the DMV to not allow you to renew your license in any state in the union. I thi...
by BolderBoy
Wed Dec 06, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Conservation Easement Funds - Does anyone invest and receive tax benefits as well?
Replies: 8
Views: 361

Re: Conservation Funds - Does anyone invest and receive tax benefits as well?

My accountant presented an idea that sounds like it could be very beneficial. We invest in a property that is part of a conservation fund in exchange for a solid tax deduction and a modest future income stream. It sounds like the downside is the IRS audit risk. However, I can purchase insurance to ...
by BolderBoy
Wed Dec 06, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on 401K Investments & % Allocations
Replies: 2
Views: 228

Re: Seeking Advice on 401K Investments & % Allocations

Your setup is within the range of suggested "good" portfolios often discussed here.
by BolderBoy
Wed Dec 06, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2348

Re: 112K pension- need help w/the rest

Hello, I'm new. I have a great annual pension but, how about the rest of my plan. I'll treat the annual pension payout I am currently receiving ($112k) as a safe bond type portfolio. The rest of my proposed IRA as follows: 80% fidelity total stock index and 20% fidelity international index. I have ...
by BolderBoy
Wed Dec 06, 2017 5:34 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5044

Re: Recommended places to live

those reasons being I want to live somewhere better for allergies and asthma and with more greenery and some scenery. The scenery is easy, but usually as the scenery value goes up, so does the COL. Also, an increase in greenery frequently accompanies an increase in allergies. Your desires may be a ...
by BolderBoy
Wed Dec 06, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Was accidentally placed on Medicaid.
Replies: 16
Views: 1792

Re: Was accidentally placed on Medicaid.

This is the entire story. I'm not sure about the rules regarding this type of thing, but I do know it's illegal to be on Medicaid if you don't qualify which is why I'm concerned. Yes, it was a mistake, but I don't know if they make distinctions about this kind of thing. It's just a really stressful...
by BolderBoy
Wed Dec 06, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Mom - Retiring, Windfall, Edward Jones
Replies: 8
Views: 1532

Re: Help for Mom - Retiring, Windfall, Edward Jones

There is certainly going to be plenty of money (already is). I think one of the topmost priorities should be to get away from EJ - their [mouthwatering] fees will look obscene going forward. The entire January windfall should go to VG or Fidelity or almost anywhere but EJ. And yes, a three fund port...
by BolderBoy
Wed Dec 06, 2017 12:08 pm
Forum: Investing - Theory, News & General
Topic: Traditional 401k and Rollover IRA Dividends at Payout
Replies: 2
Views: 164

Re: Traditional 401k and Rollover IRA Dividends at Payout

1) Regarding Traditional 401ks and Rollover Traditional IRAs at age 59.5 or older - can you elect to have the dividends that are created within the Traditional 401k/Rollover IRA paid out directly to you? I think the answer is 'yes'. 2) If yes, then how are those dividends taxed? Are they taxed as o...
by BolderBoy
Tue Dec 05, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 254
Views: 25544

Re: [Yahoo Finance no longer works - Alternatives to download securities quotes]

For those of the GnuCash persuasion, obtaining financial quotes has been fixed. Follow these instructions: https://wiki.gnucash.org/wiki/FAQ#Q:_Why_doesn.27t_online_quoting_work.3F In my GnuCash installation, I also updated the Finance::Quote perl module to the 1.47 version. Not as fast as the Yahoo...
by BolderBoy
Tue Dec 05, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Pure growth investment for a trust
Replies: 4
Views: 307

Re: Pure growth investment for a trust

I am looking to minimize distributable net income from a trust, so would like to include a broad-based equity fund with minimal distributions (i.e., dividends, capital gains). What would be a good choice? I would think that the same fund which is considered "tax efficient" in the taxable portion of...
by BolderBoy
Tue Dec 05, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 2702

Re: How much do you need to drive a car to keep battery charged and everything else OK?

I use one of these on an old diesel truck that doesn't get much use most of the year. http://www.amazon.com/gp/product/B00HWL4N08/ I had to laugh when I first clicked on this and saw the lead-in picture. At first glance it looks like you plug the device into your cigarette lighter and connect the b...
by BolderBoy
Mon Dec 04, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance -Drop Full Coverage?
Replies: 13
Views: 1189

Re: Auto Insurance -Drop Full Coverage?

Consider more than the cost of the vehicle. If you get into a crash that’s your fault, do you want to handle the logistics of paying for towing to a holding yard, storage fees at the holding yard, and final transportation to a salvage yard? If you get into a crash that’s not your fault, do you want...
by BolderBoy
Mon Dec 04, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: SUV Analysis Paralysis
Replies: 14
Views: 1277

Re: SUV Analysis Paralysis

mcfroggin wrote:
Mon Dec 04, 2017 8:19 am
I loved my Acura SUV that was damaged in Harvey.
Can you tell us EXACTLY what "damage" the auto suffered in Harvey? That might make the decision.
by BolderBoy
Sun Dec 03, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2756

Re: Bitcoin - How it works for the layman

technovelist wrote:
Sat Dec 02, 2017 8:31 pm
Although most observers think a scalable quantum computer is decades away, Microsoft is working on one right now. That doesn't mean that they will succeed, of course.
Here is access to a small quantum computer right now on-line: https://www.research.ibm.com/ibm-q/
by BolderBoy
Fri Dec 01, 2017 11:49 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10208

Re: Price of haircut?

$20 including tip in Boulder. Old school barber shop (82 y/o barber); only one in South Boulder so he is very busy.
by BolderBoy
Fri Dec 01, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1247

Re: Is investing in the stock market just like investing in a house for appreciation?

Is investing in the stock market just like investing in a house for appreciation? They are both investing for capital gains right? In the stock market you can deduct capital losses. In a personal residence you cannot. You can deduct real estate depreciation and costs right? So you are talking about...
by BolderBoy
Fri Dec 01, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Experiences with Alliant Credit Union
Replies: 6
Views: 446

Re: Experiences with Alliant Credit Union

Thanks for your feedback. It sounds like they're a good company in general, so I'll start this weekend by opening the savings account. I don't think you'll be disappointed. I was with them for 5 years exclusively for their HSA product, so have left and given up my membership. Good website, very eff...
by BolderBoy
Fri Dec 01, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1247

Re: Is investing in the stock market just like investing in a house for appreciation?

Derivative wrote:
Fri Dec 01, 2017 12:40 pm
Is investing in the stock market just like investing in a house for appreciation? They are both investing for capital gains right?
In the stock market you can deduct capital losses. In a personal residence you cannot.
by BolderBoy
Thu Nov 30, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor created potential Roth IRA issue
Replies: 11
Views: 1137

Re: Financial Advisor created potential Roth IRA issue

For the detailed background, please see previous post : https://www.bogleheads.org/forum/viewtopic.php?f=1&t=226650&p=3511553#p3511553 If I'm understanding the previous post correctly, the FA/firm that set this fraud into motion is still benefiting from fees derived from the fraud, is this correct?...
by BolderBoy
Thu Nov 30, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: [Solo 401(k)] Existing t401k and new 403b won't accept incoming rollover
Replies: 9
Views: 538

Re: Existing t401k and new 403b won't accept incoming rollover

mcraepat9 wrote:
Thu Nov 30, 2017 1:23 pm
Does the solo 401k help at all? Or should she just abandon the idea altogether?
Sounds possible. Does she have some of that 1099 income for this year, too?

I don't know if there are rules about keeping a dormant solo 401k open going forward.

Spirit Rider?
by BolderBoy
Thu Nov 30, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Where to best set up 401k for Self Employed Contractor?
Replies: 8
Views: 258

Re: Where to best set up 401k for Self Employed Contractor?

I want to maximize how much I save/invest and any capital gains/cash flow (while minimizing investment expenses, fees, etc.). Basically, I want to make the best decision financially investment/tax/savings-wise with this year's income. We'll need more info. For example, do you have a traditional IRA...
by BolderBoy
Thu Nov 30, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Might exceed $60k 401k limit, what will happen?
Replies: 10
Views: 1043

Re: Might exceed $60k 401k limit, what will happen?

corn18 wrote:
Thu Nov 30, 2017 8:42 am
Any help would be appreciated.
Can you ask them to credit the 1% to 2018 instead?
by BolderBoy
Thu Nov 30, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Advice on HOA financial analysis
Replies: 10
Views: 674

Re: Advice on HOA financial analysis

wilshuer wrote:
Thu Nov 30, 2017 9:01 am
Interestingly, yes, the articles of incorporation state that the developer does not relinquish control until all lots are sold. So he can be down to a single lot and maintain control of the board.
What, exactly, would be his incentive to sell the last lot?
by BolderBoy
Wed Nov 29, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Older Software Engineer Advice ~ Languages?
Replies: 41
Views: 3255

Re: Older Software Engineer Advice ~ Languages?

I've tried searching jobs on Dice.com and it seems jobs are all over the place. Does anyone know what the current trends are? At the Boulder Gopher meetup a couple of weeks ago one of the attendees said that his company (based in Denver) will be hiring 100+ Go programmers in 2018. (I'm only a hobby...
by BolderBoy
Tue Nov 28, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation [in market crash]
Replies: 38
Views: 1875

Re: Asset Allocation [in market crash]

I absolutely agree there is no way to anticipate a crash. But once a crash occurs, should we anticipate a recovery? What do you mean by the word, "anticipate"? I think you should expect a recovery. "Anticipate" sounds a bit like a tiger being poised to pounce. Though you claim that your present 100...
by BolderBoy
Mon Nov 27, 2017 12:08 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Looking at recent dips in bonds in the past 20 years, I feel safer with some of my fixed income allocation in CD's with zero downside risk. I've heard it quoted on here that you should keep the money you can't afford to lose in bonds, but feel that is not a good theory especially for retirees. Not ...
by BolderBoy
Sun Nov 26, 2017 11:59 pm
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4537

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

I don't have a financial advisor, but for those who had one and decided to fire him, how did he react? Did he lose his temper and became more aggressive, or tried in any offensive way to keep you? No, none of that. I was in his office and he pulled out a bunch of glitzy charts and diagrams. I showe...
by BolderBoy
Sun Nov 26, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10581

Re: Didn't buy Bitcoin at $4600

ny_rn wrote:
Sun Nov 26, 2017 3:38 am
I bought half a bitcoin for ~ $4k and then traded it. I should have held it the Boglehead way. I also bought ethereum ~ $100. I'll hold onto that. :D
My parent's gave me $1500 of K-Mart as a BD present. Like a good BH, I held onto it...right down to a value of -0-.
by BolderBoy
Fri Nov 24, 2017 10:18 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: Paying for meals out & out of town guests
Replies: 79
Views: 5533

Re: Etiquette question: Paying for meals out & out of town guests

Well, the out of town guests decided that my wife deserved a night off from cooking, and suggested we go out to dinner instead. She thought they were taking us out to dinner... I think your wife was right to think that they were inviting you two out to dinner as their guests. I've been backed into ...
by BolderBoy
Thu Nov 23, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - Roth vs Less Efficient Funds?
Replies: 11
Views: 805

Re: Solo 401k - Roth vs Less Efficient Funds?

lifix wrote:
Thu Nov 23, 2017 11:04 am
I know everyone here really likes Vanguard, but they offer neither a Roth option, nor admiral shares for their Solo 401k.
Ummm, my solo401k is with Vanguard and I have both the traditional and Roth 401k options in it.
by BolderBoy
Tue Nov 21, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 18
Views: 1680

Re: Certified Financial Planner (CFP) fees

Thanks for the feedback. What about any tax implications as I start to withdraw money for my monthly retirement income? How do I decide which funds to withdraw from monthly? This is new territory for me and don’t want to mess my financial nest egg as I learn the ropes. You'll need to invest some ti...