Search found 267 matches

by genjix
Fri Mar 04, 2022 2:50 pm
Forum: Personal Investments
Topic: What is a good low ER fidelity fund close to vanguard total stock
Replies: 32
Views: 3597

Re: What is a good low ER fidelity fund close to vanguard total stock

How would VTI be more tax efficient than FSKAX fidelity total stock mutual fund? I thought long term gains were treated the same?

VTI looks to be .03 Er and FSKAX .0125 ER.
Does the tax efficiency out weight the ER savings?
by genjix
Fri Mar 04, 2022 2:01 pm
Forum: Personal Investments
Topic: What is a good low ER fidelity fund close to vanguard total stock
Replies: 32
Views: 3597

Re: What is a good low ER fidelity fund close to vanguard total stock

David Jay wrote: Fri Mar 04, 2022 1:56 pm
genjix wrote: Fri Mar 04, 2022 1:37 pm It's in a taxable account. Is ETF better than mutual fund for this case?
In a taxable account, ETF is more tax efficient than a Fidelity mutual fund.
Thanks I'll look into total stock etfs.
by genjix
Fri Mar 04, 2022 1:53 pm
Forum: Personal Investments
Topic: What is a good low ER fidelity fund close to vanguard total stock
Replies: 32
Views: 3597

Re: What is a good low ER fidelity fund close to vanguard total stock

It's actually cheaper than vtsax
Does fskax have any limitations? Less stocks etc?
by genjix
Fri Mar 04, 2022 1:37 pm
Forum: Personal Investments
Topic: What is a good low ER fidelity fund close to vanguard total stock
Replies: 32
Views: 3597

What is a good low ER fidelity fund close to vanguard total stock

What is a good low ER fidelity fund close to vanguard total stock
It's in a taxable account. Is ETF better than mutual fund for this case?
by genjix
Sun Feb 20, 2022 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Parents sold primary residence, wants to give proceeds to kids
Replies: 8
Views: 1765

Re: Parents sold primary residence, wants to give proceeds to kids

Can mom, gift me 16k, my wife 16k, each of my kids 16k and then my dad do the same?
by genjix
Sat Feb 19, 2022 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Parents sold primary residence, wants to give proceeds to kids
Replies: 8
Views: 1765

Parents sold primary residence, wants to give proceeds to kids

Like title says parents wants to give money from primary home sale to kids. What is best method?
I understand that they can gift 15k / year. How is the best way to give 100k to each child ( 2 kids) with minimal tax implications?
by genjix
Fri Jul 23, 2021 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

I would highly recommend consulting with an Elder Care Coordinator or Geriatric Care Manager. I would call several (like, at least 5, maybe more) to get a sense of whether you are a good fit personally, and their background and experience. A competent Geriatric Care Manager will likely charge by the hour, and will be able to offer advice on what level of care is needed, suggestions on how to arrange for that care, etc. etc. From what you describe, it may be that your relative can be cared for at home with professional help; may benefit from an adult day care; or some other solution that is much cheaper that full care at a nursing home. Consulting with a Geriatric Care Manager will not be cheap, but it will be well worth it to get a sense o...
by genjix
Fri Jul 23, 2021 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

gwe67 wrote: Fri Jul 23, 2021 1:57 pm Medicare doesn't cover nursing homes, but medicaid does. Read this and also learn about your state's rules.

https://www.investopedia.com/articles/p ... -rules.asp
Unfortunately he doesn't quality for medicaid at the moment
by genjix
Fri Jul 23, 2021 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

I would highly recommend consulting with an Elder Care Coordinator or Geriatric Care Manager. I would call several (like, at least 5, maybe more) to get a sense of whether you are a good fit personally, and their background and experience. A competent Geriatric Care Manager will likely charge by the hour, and will be able to offer advice on what level of care is needed, suggestions on how to arrange for that care, etc. etc. From what you describe, it may be that your relative can be cared for at home with professional help; may benefit from an adult day care; or some other solution that is much cheaper that full care at a nursing home. Consulting with a Geriatric Care Manager will not be cheap, but it will be well worth it to get a sense o...
by genjix
Fri Jul 23, 2021 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

JoeRetire wrote: Fri Jul 23, 2021 1:22 pm
genjix wrote: Fri Jul 23, 2021 12:04 pm My father's mental health is deteriorating where he takes random walks, goes to supermarket without a wallet, yells at random people. Unfortunately he doesn't qualify for Medicaid and the cost of a nursing home is too much for us. Anyone have ideas or options we can explore?
One he spends down his assets enough (by paying for his care), he'll qualify for Medicaid.

I'm assuming he doesn't have any Long Term Care insurance?
He has medicare but unfortunately that doesn't cover nursing home
by genjix
Fri Jul 23, 2021 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

123 wrote: Fri Jul 23, 2021 12:16 pm Contact your local adult protective services or your local police department. They will make any necessary arrangements for his care and likely conserve his income and assets to prevent exploitation or financial abuse.
Is APS for someone who is at risk from his own family? Just to clarify family members wouldn't be of any threat to him, physically or financially.
by genjix
Fri Jul 23, 2021 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

RickBoglehead wrote: Fri Jul 23, 2021 12:15 pm He should be assessed for dementia / Alzheimer's.
If he is diagnosed for one of these, would he qualify for nursing home?
by genjix
Fri Jul 23, 2021 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Re: Dad may need nursing home or alternate solution

stan1 wrote: Fri Jul 23, 2021 12:12 pm Spend down his assets until he qualifies for Medicaid.

Does he have a spouse? If so seek out an elder care attorney.
He has a spouse. Attorney said they look at past 5 years of income and asset so he won't qualify even if assets were spent
by genjix
Fri Jul 23, 2021 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Dad may need nursing home or alternate solution
Replies: 32
Views: 2983

Dad may need nursing home or alternate solution

My father's mental health is deteriorating where he takes random walks, goes to supermarket without a wallet, yells at random people. Unfortunately he doesn't qualify for Medicaid and the cost of a nursing home is too much for us. Anyone have ideas or options we can explore?
by genjix
Thu Jun 03, 2021 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Home owners insurance recommendation
Replies: 5
Views: 709

Home owners insurance recommendation

Hello,

We are in process of buying home and now is the time to think about home owners insurance. Any recommendations?
by genjix
Mon Nov 25, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 353
Views: 108240

Re: Found hidden safe, should we crack?

There are YouTube videos on how to crack a safe. Maybe you can find your make and model and crack it yourself
by genjix
Fri Oct 18, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 18547

Re: I bought a STOLEN vehicle!!!

Are you sure the car wasn't stolen from you??? Are you proposing that someone impersonated CHP officials to steal a used Altima worth $13k? That's funny or possibly sad. Cheers Yes, why not? It's more profitable and less violent than stealing the cash from someone's wallet. The story sounded odd. Also - I was trying to figure out - how they found the buyer of the car? Through the DMV I guess. But it's such a weird story. I've never bought used through a private seller. But I will put this on my list of things to check when we buy used. Vic What if it was the original sellers circle that posed as CHP. Steal the car back, put it on the market for sale, rinse and repeat. Wouldn't CHP tow the car rather than wait all day for OP to get out of w...
by genjix
Fri Oct 11, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2972

Re: Purchasing an old home 100yrs +

Yes, we renovated a home that was 80 years old. It took 10 years, we pretty much did one major room at a time. I'll just make a list that might clarify things: 1) skim coating on the wallpaper didn't work. It soaked through the wallpaper and then came off in sheets. The "glue" however was flour based, that might have been the reason. With the exceptions of the bathrooms and kitchen, all the ceilings were papered. It took a lot of razor blades but when soaked, the flour based glue released easily. 2) Two electricians said the old knob and tube wiring was sound so we left it. 3) The old coal furnace was converted to oil and covered in asbestos. The tank was in the basement. The conversion to gas was handled by the new HVAC company ...
by genjix
Fri Oct 11, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2972

Re: Purchasing an old home 100yrs +

If your financially comfortable and an $10k surprise on a project just makes you roll your eyes, sigh, and say, "well that sucks" then your probably in the right frame of mind for a house like this. I never owned my own home soon not sure what projects cost. Only know from hearsay and some internet searches. My budget would be 100k for renovations. My guesstimate is 25k for kitchen, 12k bathroom, 4k floor sanding (two floors). We only went to open house so not sure if we need to up the circuit breaker to 200 amp. Not sure if it's oil and we need to switch to gas. Not sure if the roof will need to be replaced. And they have in Wall air conditioners, we'd like to remove them, cover the hole it creates and get a split ductless syste...
by genjix
Fri Oct 11, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2972

Re: Purchasing an old home 100yrs +

If your financially comfortable and an $10k surprise on a project just makes you roll your eyes, sigh, and say, "well that sucks" then your probably in the right frame of mind for a house like this. I never owned my own home soon not sure what projects cost. Only know from hearsay and some internet searches. My budget would be 100k for renovations. My guesstimate is 25k for kitchen, 12k bathroom, 4k floor sanding (two floors). We only went to open house so not sure if we need to up the circuit breaker to 200 amp. Not sure if it's oil and we need to switch to gas. Not sure if the roof will need to be replaced. And they have in Wall air conditioners, we'd like to remove them, cover the hole it creates and get a split ductless syste...
by genjix
Fri Oct 11, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2972

Re: Purchasing an old home 100yrs +

Thanks for everyone's detailed comments and experience.

Yeah while I would renovate over time and not so rushed, my wife doesn't feel the same way. And the asbestos thing would be concerning, especially with my two yr old. Wouldn't want disturbed asbestos flying around.

I guess I may have to abort my dreams. At least that's the way it's looking now. I also don't want to buy fully renovated because my wife wants an all white intererior ( like kitchen) and a lot of homes don't have that. So we'd essentially be paying for already renovated only to renovated over it. I guess I will have to find something in the middle. House that only needs bathroom and kitchen work. (And not 100+ yrs old)
by genjix
Fri Oct 11, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2972

Purchasing an old home 100yrs +

Hello all I'm in the market in purchasing a new home and one caught my eye. It's a colonial built over 100 yrs ago. Love the high ceilings and the architecture it has to offer. It does need a lot of updating. Bathroom Kitchen Remove wallpaper on almost all rooms Sand the floor My primary concern is going down a rabbit hole. For example once I hire a contractor to redo the bathroom and cut the floor open to add pipe to a separate bathtub, will they say "oh these old pipes are not up to code. We will need to redo all the plumbing". And with the wall paper, if it's too difficult to remove or after removing, we realize it all needs skim coating, we may go the route of putting up thin 1/4inch sheetrock to cover it. Is this now consider...
by genjix
Thu Oct 03, 2019 1:13 pm
Forum: Investing - Theory, News & General
Topic: E-Trade joins the party $0 commission
Replies: 37
Views: 4654

Re: E-Trade joins the party $0 commission

I got a promo email as well

Through October 31, get up to $3,000 when you simplify your investing with an E*TRADE managed portfolio.
by genjix
Wed Oct 02, 2019 5:15 pm
Forum: Investing - Theory, News & General
Topic: E-Trade joins the party $0 commission
Replies: 37
Views: 4654

Re: E-Trade joins the party $0 commission

Hector wrote: Wed Oct 02, 2019 4:39 pm We are going to see a lot more people going with ETFs over mutual funds.
ETFs would still have ER fees though right?
by genjix
Wed Oct 02, 2019 3:48 pm
Forum: Investing - Theory, News & General
Topic: E-Trade joins the party $0 commission
Replies: 37
Views: 4654

E-Trade joins the party $0 commission

E-Trade (ETFC) announced Thursday that it will eliminate commissions for its clients. The changes take effect on October 7.
"With this new commission schedule we are further raising the bar, delivering an unrivaled experience at price points that cannot be beat—main street investors will now trade the stocks and ETFs of their choice for $0," said E-Trade CEO Mike Pizzi in a statement

https://www.cnn.com/2019/10/02/investin ... mmissions/
by genjix
Tue Oct 01, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Option Trades
Replies: 49
Views: 7080

TD Ameritrade $0 commission online stocks

Just saw this below

OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade Holding Corporation (Nasdaq: AMTD) announced today that its U.S. brokerage firm will eliminate commissions for its online exchange-listed stock, ETF (domestic and Canadian), and option trades, moving from $6.95 to $0, effective Thursday Oct. 3, 2019. Clients trading options will now pay $0.65 per contract with no exercise and assignment fees.

https://www.businesswire.com/news/home/ ... line-Stock
by genjix
Mon Sep 30, 2019 9:37 pm
Forum: Personal Consumer Issues
Topic: Non stick pan preference?
Replies: 46
Views: 4986

Non stick pan preference?

Hello

I'm looking for a different non stick pan beside Teflon. From what I understand Teflon can be unlhealthy. What do you all use for no stick? Any good alternative to Teflon?
by genjix
Mon Jul 15, 2019 11:45 am
Forum: Personal Investments
Topic: Does health premium costs lower MAGI?
Replies: 7
Views: 879

Re: Does health premium costs lower MAGI?

Yes it gets deductes pre tax
by genjix
Mon Jul 15, 2019 9:41 am
Forum: Personal Investments
Topic: Does health premium costs lower MAGI?
Replies: 7
Views: 879

Does health premium costs lower MAGI?

Hello,

I'm trying to calculate MAGI as I'm trying to sell some stocks this year and want to make sure I can still contribute to Roth IRA. Do I also deduct my health care premium from my gross income?
by genjix
Mon Jul 15, 2019 9:29 am
Forum: Personal Investments
Topic: Can I roll over my traditional IRA to my 401k
Replies: 1
Views: 266

Can I roll over my traditional IRA to my 401k

Can I roll over my traditional IRA to my 401k?
And should I? (ER in 401k are cheap)
by genjix
Thu Jun 06, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Best place to get a mortgage these days?
Replies: 7
Views: 1882

Best place to get a mortgage these days?

Hello,

Where would you advise I look to obtain a mortgage? I know places constantly change so wanted to see updated recommendations
by genjix
Tue May 14, 2019 7:32 pm
Forum: Forum Issues and Administration
Topic: Where is change password option on this site?
Replies: 3
Views: 1327

Where is change password option on this site?

Had to click forget password but not sure where to change it
by genjix
Tue May 14, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Issue with tail light on 2005 rx330
Replies: 2
Views: 274

Issue with tail light on 2005 rx330

Hello,

Was hoping someone familiar with this can guide me. My rx330 2005 had a tail light go out (left outer). I went to check again today but this time the light was on and the other side (right lift gate tail light) was off. This leads me to believe that the bulb is good but there is some other issue. Would this be a fuse, circuit, something else?
by genjix
Fri Feb 15, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: NYC area, buying first home- where to begin?
Replies: 22
Views: 2812

Re: NYC area, buying first home- where to begin?

Most cases the better the schools the higher the taxes. Ridgewood has top tier school systems and u can get something nice in the 500k-700k range but taxes are high. They have a train station in town. Otherwise North Bergen county in general has good schools but Ridgewood kinds stands out We were looking at NJ too but decided to go the coop route in the borough's Things we considered why wanted to -Coop maintenance includes heat and water -Good school districts -Cheaper commute cost. Just pay for metro card rather than NJ trains + metro cards for each of us - don't have to pay for parking car at train station -faster commute time - option to walk to stores and walk to public transportation Cons - sacrifice space - no backyard -less privacy
by genjix
Wed Feb 13, 2019 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can I file jointly with my girlfriend
Replies: 32
Views: 4929

Re: Can I file jointly with my girlfriend

Rupert wrote: Wed Feb 13, 2019 10:11 am As others have suggested (but not explicitly said), you likely come out better, tax-wise, by remaining unmarried. One of you -- the one who claims the child as a dependent -- will be eligible for Head of Household status. That gets the two of you a combined standard deduction of $30,000 ($18,000 for the HOH and $12,000 for the non-HOH), as opposed to the $24,000 standard deduction you would get for MFJ.
Thank you for all the responses. This makes sense. I am in the 24% bracket and she is in 22%
by genjix
Tue Feb 12, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can I file jointly with my girlfriend
Replies: 32
Views: 4929

Can I file jointly with my girlfriend

Can I file taxes jointly if we have been living together for a few years and have a child together? We are in NY
Right now I claim our child as a dependent
by genjix
Thu Jan 17, 2019 6:35 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 81344

Re: John Bogle has died at age 89

RIP Mr. Bogle
You've given me and millions of people the guidance and confidence to invest. Thank you!
by genjix
Fri Nov 23, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Anything I should be wary of when buying cell phone from app?
Replies: 8
Views: 713

Re: Anything I should be weary of when buying cell phone from app?

I haven't seen fake cell phones. Is it a common thing fake iPhone 10 etc?
by genjix
Fri Nov 23, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Anything I should be wary of when buying cell phone from app?
Replies: 8
Views: 713

Anything I should be wary of when buying cell phone from app?

Hello

I use an app offer up to buy and sell things locally. One person has a new cell phone sealed in box for sale for a great price. Wanted to see what precaution I should take
by genjix
Tue Oct 30, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Head of household status
Replies: 1
Views: 368

Head of household status

Hello

Am I considered head of household if my domestic partner and our child live with me? I pay for most of the household expenses including mortgage and utilities. Can I change my tax withholding status in November?
by genjix
Fri Oct 26, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: How to sell a nice professional office desk?
Replies: 12
Views: 2077

Re: How to sell a nice professional office desk?

Try letgo and OfferUp. They are apps for your phone to sell locally. I use it to sell things that are too big to sell.
by genjix
Wed Sep 19, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Where do you buy CPAP replacement parts?
Replies: 50
Views: 5365

Can I buy medical supplies from Amazon and reimbursement HSA?

[Thread merged into the original discussion, see below. --admin LadyGeek]

I would like to buy CPAP machine parts like water tank and hose and filters. If I buy from amazon can I do it through HSA?
I started a different thread a while back asking where people purchased but forgot to ask if hsa would cover it if I buy from Amazon
by genjix
Tue Sep 18, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Where do you buy CPAP replacement parts?
Replies: 50
Views: 5365

Re: Where do you buy CPAP replacement parts?

Thanks all. Time for purchase. Amazon seems cheapest because free shipping.
Can I order and get reimbursed through hsa? I want to be a hose and water tank
by genjix
Tue Aug 21, 2018 5:14 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 61
Views: 9482

Where to buy engagement ring?

Hello all,

I'm looking to get engaged this or next year. I'm in the NYC area so I'm within proximity of the diamond district (although I don't know if I can trust these small shops)

Anyone have a recommendation?
by genjix
Fri Jul 20, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Where do you buy CPAP replacement parts?
Replies: 50
Views: 5365

Where do you buy CPAP replacement parts?

Hi all Last year I changed my insurance to HSA and now more I'm more price conscious when re-upping replacement parts for my CPAP device. I recently ordered parts from the vendor I always go to and ordered specific parts that I needed rather than a bunch of parts they send me in a 6 month cycle. When I received the package I noticed extra quantities in the parts I ordered and extra parts I didn't even order. I called them and inquired about this. First they advised they they will send a label so I can return the additional parts I ordered because it was sent in error but offered no refund. When I asked why they said I didn't get charged for it. I proceeded to explain that is indeed on my invoice and they asked to send an email with picture....
by genjix
Fri Jun 30, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Buying a dishwasher
Replies: 54
Views: 6464

Re: Buying a dishwasher

Thanks all for the post. I edited to reflect I dont need water efficient.

With all these common issues is it worth to get warranty perhaps from square trade or something?