Search found 9286 matches

by TomatoTomahto
Mon Nov 11, 2019 4:04 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164285

Re: [What TV Show Have You Recently Watched?]

I watched Season 5 of Peaky Blinders yesterday. It ended on a cliffhanger for a major character. I enjoy the series and the actors and their characters. Sometimes the music is a bit much. I do at times have trouble keeping all the characters straight in my mind. Rumors are out that a Season 6 may b...
by TomatoTomahto
Sun Nov 10, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Hard Wired smoke alarms. Recommendations.
Replies: 34
Views: 1863

Re: Hard Wired smoke alarms. Recommendations.

@testing321, and if you have security monitoring systems, there is a code (in my case *72) to clear the indicators about which detector went off. I learned this during our final fire inspection, where the inspector set off each alarm and wanted me to clear the indicator between tests.
by TomatoTomahto
Sun Nov 10, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 34
Views: 1723

Re: Tax Deferred : Taxable : Tax Free

@lakpr, I apologize if I lumped you in with the BH cohort that does overly simplistic recommendations against Roth contributions. You thought about the OP’s situation more carefully. I admit to falling in the cohort that does overly simplistic pro Roth contribution recommendations. We are in the tax...
by TomatoTomahto
Sun Nov 10, 2019 2:52 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 34
Views: 1723

Re: Tax Deferred : Taxable : Tax Free

What is the absolute amount you have in your tax deferred accounts? If it is less than $1 million (approximately) I wouldn't bother with Roth conversions. The reasoning is that, with balances less than that threshold, even withdrawals twice the RMD size would only place you in the 15% bracket, and ...
by TomatoTomahto
Sun Nov 10, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Hard Wired smoke alarms. Recommendations.
Replies: 34
Views: 1863

Re: Hard Wired smoke alarms. Recommendations.

Re CO: our town requires one not inside each bedroom and no more than 10 feet from the bedroom door. Plug in ones are okay, so that’s what we did. Must have a minimum of one per floor. So, all in, that was 4 CO detectors. There is no exemption for houses without any fossil fuel combustion. We do hav...
by TomatoTomahto
Sun Nov 10, 2019 12:53 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 148
Views: 10878

Re: Spend It All vs. Leave $$ for the Kids

We have told our kids our goals are to provide them debt free college degrees and for them not to support us in our old age. We are not saving/spending to leave an inheritance, but as a byproduct of not trying to run out of money for our care, we will likely (unintentionally) leave a significant in...
by TomatoTomahto
Fri Nov 08, 2019 4:33 pm
Forum: Personal Investments
Topic: Investing in Taxable Account. Good or bad?
Replies: 20
Views: 2078

Re: Investing in Taxable Account. Good or bad?

Regard the $100k already saved as an Emergency Fund. Congrats.

I’d start using the 401k and putting the tax savings into taxable.
by TomatoTomahto
Fri Nov 08, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 33
Views: 2072

Re: Should I Travel to Ecuador?

Hiking is also fun. Nights were spent inside catching up on Downton Abbey. So that was fine by me. It may be hard for the infirm... Quito is 9350 feet above sea level, so it should be borne in mind for those with compromised breathing. Even some otherwise healthy people don’t respond well to elevat...
by TomatoTomahto
Fri Nov 08, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Your Fantasy Kitchen (Cookware-wise)
Replies: 57
Views: 4076

Re: Your Fantasy Kitchen (Cookware-wise)

Naikansha wrote:
Thu Nov 07, 2019 8:43 pm
If you cook rice and other grains like wild rice, I recommend a Zojirushi rice cooker.
Great for steel cut oats too.
by TomatoTomahto
Fri Nov 08, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164285

Re: [What TV Show Have You Recently Watched?]

Jack Ryan Season 2 on Amazon Prime...better than Season 1, by far. that's a pretty low bar to clear... I really like John Krasinski (I guess because of The Office , but felt let down by Season 1. My wife and I watched an episode and a half of Season 2, but moved on to other things. I guess if there...
by TomatoTomahto
Fri Nov 08, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: Is selling trees for lumber Immoral?
Replies: 33
Views: 2649

Re: Is selling trees for lumber Immoral?

I forest manage my own property which surrounds my house and am in a state program (chapter 61) that gives me tax breaks for doing so. We've got those pileated woodpeckers and they are amazing to see and hear. I've gone into the woods thinking an intruder is using an axe to chop a tree only to find...
by TomatoTomahto
Fri Nov 08, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 33
Views: 2072

Re: Should I Travel ot Ecuador?

Admittedly it was a decade ago, but still, the Galapagos were worth the few minutes of anxiety when we went out late in the evening in Quito. It was quickly clear that we had not made a wise choice to walk around without a destination, so we went back to our bohemian hotel. We were on a small privat...
by TomatoTomahto
Thu Nov 07, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Re: Home Automation Mavens - Need Some Help

My biggest beef with Apple, and I’m on board for iPhones and iPads and such, is that they are great if you want to use their stuff as they think you should Want to use it. That’s why, after a couple of tries, i could not warm to any Macs with Apple software. You want to create a TOC? Use Word. That’...
by TomatoTomahto
Thu Nov 07, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 33
Views: 2072

Re: Should I Travel ot Ecuador?

You will be fine. If you’re going to be in Quito overnight, a common situation in transit to Galapagos, I would be extra careful after dark. Some neighborhoods can get seedy pretty quickly, even if they were fine at noon.
by TomatoTomahto
Thu Nov 07, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Re: Home Automation Mavens - Need Some Help

Coalcracker, the “not working well with each other” is real. I’m hoping that some broker (eg, Samsung ST, Alexa, whatever) can direct the dialog between the participants. A rabbit hole isn’t the worst thing for me to go down, but I pity someone with less free time than I have. I have a feeling that ...
by TomatoTomahto
Thu Nov 07, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Re: Home Automation Mavens - Need Some Help

Oh, I absolutely love it, and the work is keeping me out of jail. It is a far stretch from the 2BR 2BA apartment I wanted, but the renovations have been a lot of fun. Who knew that we would be buying a “mason’s annuity?” Wells and well tanks have complications I never considered. Who knew latex matt...
by TomatoTomahto
Thu Nov 07, 2019 6:50 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Home Automation Mavens - Need Some Help

We recently installed geothermal heating and cooling for our house, and we want smart vents to provide sub-zones for the 3 guest rooms on the ground floor. The ground floor is a separate zone for geo. Our WaterFurnace geo uses only Symphony thermostats. Those thermostats are not supported/controlled...
by TomatoTomahto
Tue Nov 05, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: Your Fantasy Kitchen (Cookware-wise)
Replies: 57
Views: 4076

Re: Your Fantasy Kitchen (Cookware-wise)

If you don't have one get an induction stovetop. I know, not cookware, but my All-Clad loves it. More than a month ago, my 48” propane cooktop sprung a leak. I wanted to go with induction for replacement, and picked the only range I could find that would fill a 48” hole in my kitchen. I don’t reall...
by TomatoTomahto
Tue Nov 05, 2019 5:46 am
Forum: Personal Consumer Issues
Topic: payoff period for viable solar ?
Replies: 17
Views: 886

Re: payoff period for viable solar ?

In MA, net metering is legislated to last 25 years. Afraid my state isn't quite that enlightened; in fact, seems like a miracle we have it at all. Additionally, for me ...being immune to grid outages (requires batteries) That increases the cost and complexity of a solar system signifcantly. I do ha...
by TomatoTomahto
Mon Nov 04, 2019 7:17 pm
Forum: Personal Consumer Issues
Topic: payoff period for viable solar ?
Replies: 17
Views: 886

Re: payoff period for viable solar ?

In MA, net metering is legislated to last 25 years. Additionally, for me, the ability to renovate my home to have no fossil fuels burned inside, being immune to grid outages (requires batteries), the quiet, the cleanliness, the lack of smells, etc. were significant factors that are difficult to capt...
by TomatoTomahto
Mon Nov 04, 2019 6:52 pm
Forum: Investing - Theory, News & General
Topic: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?
Replies: 63
Views: 5427

Re: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?

stoptothink wrote:
Mon Nov 04, 2019 6:29 pm
Before attempting to answer this ambiguous question, should consider reading OP's previous threads.
Titles were enough. Thanks.
by TomatoTomahto
Mon Nov 04, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?
Replies: 63
Views: 5427

Re: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?

It depends on how you define risk. I think a lot of people mistakenly define risk as "volatillity" - which is the prospect of investment prices going up and down - when the real risks are longer-term in nature - especially the risk of inflation, or having your investments not being able to sustain ...
by TomatoTomahto
Mon Nov 04, 2019 5:10 pm
Forum: Personal Investments
Topic: Too much tax deferred?
Replies: 27
Views: 3246

Re: Too much tax deferred?

I will consider the extra tax on the RMD (if I overshoot the target) as insurance premium for everything that can go wrong to prevent me from hitting my number. :happy Once I am reasonably certain that my target is within reach, then I stop deferring taxes and fund taxable, or cut down work. Okay, ...
by TomatoTomahto
Mon Nov 04, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: Porsche aficionado question
Replies: 9
Views: 805

Re: Porsche aficionado question

With a name like Enzo, you’re getting a Porsche????
by TomatoTomahto
Mon Nov 04, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Paying a contractor in cash
Replies: 48
Views: 1594

Re: Paying a contractor in cash

I understand a discount for cash or check vs credit card, but for cash vs check seems sketchy. +1000 The only reason to get paid in paper cash like that is that they are doing some permutation of tax fraud. Even if you are OK with that I would be reluctant to do business with them since if they are...
by TomatoTomahto
Mon Nov 04, 2019 10:31 am
Forum: Personal Investments
Topic: First post; allocation guidance
Replies: 4
Views: 416

Re: First post; allocation guidance

Smarter forum members will be along shortly, but I wanted to welcome you to the forum. :D
by TomatoTomahto
Mon Nov 04, 2019 10:27 am
Forum: Personal Investments
Topic: Too much tax deferred?
Replies: 27
Views: 3246

Re: Too much tax deferred?

You are going to retire in 2044 at age 57? That is a long time from now and anything can happen. Pension can change, tax rate can change, RMD rules can change etc. I would go the tax deferred as much as possible and do backdoor Roth until you have a sizable portfolio before worrying about RMD, whic...
by TomatoTomahto
Mon Nov 04, 2019 5:20 am
Forum: Personal Investments
Topic: Roth/Traditional Allocation Question
Replies: 37
Views: 1443

Re: Roth/Traditional Allocation Question

OP, you are very young, and many of the things I am quoting myself on below don’t apply to you yet, and potentially never will. But if in your first job you’re already making $120k, my guess is that many of the factors eventually will apply. You are single now, have no heirs, tax rates are low, etc....
by TomatoTomahto
Mon Nov 04, 2019 5:07 am
Forum: Personal Investments
Topic: Roth/Traditional Allocation Question
Replies: 37
Views: 1443

Re: Roth/Traditional Allocation Question

All that matters is your tax rate in retirement and that is likely to be lower than 24%. For a couple maybe. But don't forget that is much less likely for a single or widowed person. I don't see how that makes that big of a difference. If he is single he will have half the spending. I don’t think t...
by TomatoTomahto
Sun Nov 03, 2019 2:31 pm
Forum: Personal Investments
Topic: Roth/Traditional Allocation Question
Replies: 37
Views: 1443

Re: Roth/Traditional Allocation Question

TomatoTomahto, <<It was easy, even with much lower limits on contributions than today, to get to $3M in tax deferred assets, >> It is very simple. Stop contributing to the tax-deferred account when you reach 1M. KlangFool Backwards. You should contribute to Roth when your tax rate is lower. OP expe...
by TomatoTomahto
Sun Nov 03, 2019 2:15 pm
Forum: Personal Investments
Topic: Roth/Traditional Allocation Question
Replies: 37
Views: 1443

Re: Roth/Traditional Allocation Question

Very few things are as as simple as KlangFool says. Because there were no Roths available at the time, and our good luck to be in a bull market, and yada yada yada, we will have to take more RMDs than we need, and (likely) at higher tax than we put them in at. That’s even though only one of us was w...
by TomatoTomahto
Sun Nov 03, 2019 12:10 pm
Forum: Personal Investments
Topic: Principal fees ridiculous!
Replies: 32
Views: 3140

Re: Principal fees ridiculous!

I too wouldn't mind a soul as charitable as retiredjg deciding my fate in the afterlife. Guess I have you two fooled. :twisted: A few years ago, when I had pretty well messed up my first 8602, you very patiently explained the process. No sign of snark. Since then I’ve watched you, a lot, and you’ve...
by TomatoTomahto
Sat Nov 02, 2019 4:59 pm
Forum: Personal Investments
Topic: Principal fees ridiculous!
Replies: 32
Views: 3140

Re: Principal fees ridiculous!

retiredjg wrote:
Sat Nov 02, 2019 4:48 pm
From what you've told us, this is not a particularly bad plan.
I don’t believe in an afterlife, but if I’m wrong and I have to present myself to an arbiter of my destination, I really hope it’s you, retiredjg, a paragon of charitable interpretation. :D
by TomatoTomahto
Sat Nov 02, 2019 9:29 am
Forum: Personal Investments
Topic: Do You Discount Your Retirement Number In Bull Markets
Replies: 25
Views: 2412

Re: Do You Discount Your Retirement Number In Bull Markets

I use 2% real for equities and 0% real for fixed income

Maxifi planner accounts for taxes on RMDs, otherwise I would adjust my tax deferred assets.

If I’m being overly pessimistic, wheeee, what a party we will have. If I’m being overly optimistic, we won’t be the worst off.
by TomatoTomahto
Fri Nov 01, 2019 3:14 pm
Forum: Personal Investments
Topic: Roth IRA question
Replies: 15
Views: 999

Re: Roth IRA question

God, when I started reading this, I thought you were 50 years old. Then I discovered you’re 26. Don’t let it go to your head, but you’re doing fine. Keep on. :sharebeer
by TomatoTomahto
Fri Nov 01, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Why is money such a taboo topic?
Replies: 12
Views: 1147

Re: Why is money such a taboo topic?

Seriously, why? Why are people so afraid and uncomfortable to talk about money? I talk about money on BH and with my wife and kids. A while ago, after some class warfare type responses on BH, I decided that the only specific reference to our portfolio would be the amount we hold in fixed income. Th...
by TomatoTomahto
Thu Oct 31, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Small electrical/airflow/filtering questions
Replies: 29
Views: 827

Re: Small electrical/airflow/filtering questions

All this new smart tech gets a lot of buzz but I think its still mostly early adopters and techies. I’m an old sod, but some of the advantages are so obvious that I’m surprised it hasn’t gotten more acceptance. I don’t need a light show synchronized with the movie I’m watching, but lighting that co...
by TomatoTomahto
Wed Oct 30, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Small electrical/airflow/filtering questions
Replies: 29
Views: 827

Re: Small electrical/airflow/filtering questions

OP, no disrespect intended, but I think you hit the nail on the head with your final statement, "If enough people cared" As mentioned, we just installed a slew of switches in our renovation, and I’m surprised how limited the lighting and switching options are. I can only assume that consumers aren’...
by TomatoTomahto
Wed Oct 30, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Small electrical/airflow/filtering questions
Replies: 29
Views: 827

Re: Small electrical/airflow/filtering questions

We just installed a bunch of Lutron Caseta switches/ Dimmers. You push the top for on, bottom for off, and (if a dimmer) in between for lumen adjustment. They pair with Pico remotes, which when wall mounted, look exactly like the switches. I’m mounting some of the remotes on the bedside, since who w...
by TomatoTomahto
Wed Oct 30, 2019 5:46 am
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8783

Re: How much do you plan to spend on your children's weddings?

Agree up to a point but I'll posit that I'm in group #3: a wedding isn't something we feel obligated or privileged to provide for our adult child, it's something WE are excited to underwrite and help organize because it will give us great joy and satisfaction as well. We will be helping assemble bo...
by TomatoTomahto
Mon Oct 28, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8783

Re: How much do you plan to spend on your children's weddings?

That actually raises an interesting question that hadn’t occurred to me before. We gift our kids the annual gift tax exclusion annually. If we pay for a wedding, is that excluded (ie, can my wife and I gift $30k plus wedding)? Good question. It seems to me that it depends on who is actually hosting...
by TomatoTomahto
Mon Oct 28, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8783

Re: How much do you plan to spend on your children's weddings?

We only have one son with a serious GF, but you never know. He isn’t interested in getting married young (he’s early 20s now), and he makes good money, so I think our contribution would be more a gift than paying for a wedding. That actually raises an interesting question that hadn’t occurred to me ...
by TomatoTomahto
Mon Oct 28, 2019 10:54 am
Forum: Forum Issues and Administration
Topic: Why can’t some members receive PMs?
Replies: 9
Views: 921

Re: Why can’t some members receive PMs?

If you go to your User Control Panel - Board Preferences one of the options is to click Yes/No for receiving PMs. I would think that the person you wish to send to has that checked. Rather than “...they do not have permission to read private messages,” wouldn’t the message read something like “they...
by TomatoTomahto
Mon Oct 28, 2019 7:22 am
Forum: Forum Issues and Administration
Topic: Why can’t some members receive PMs?
Replies: 9
Views: 921

Re: Why can’t some members receive PMs?

student wrote:
Mon Oct 28, 2019 7:12 am
Could it be that the mailbox is full?
The message reads “ Some users couldn’t be added as they do not have permission to read private messages.”

It might be a full mailbox, but in that case the message could be clearer.
by TomatoTomahto
Mon Oct 28, 2019 7:09 am
Forum: Forum Issues and Administration
Topic: Why can’t some members receive PMs?
Replies: 9
Views: 921

Why can’t some members receive PMs?

This morning I tried to send a PM to a member, but the app told me that this person couldn’t receive PMs. Does that mean that they have been temporarily restricted? Is it more permanent?

FWIW, this is someone with whom I’ve had previous correspondence back and forth.
by TomatoTomahto
Sun Oct 27, 2019 3:56 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20457

Re: I’m done with index funds

70 basis point fee. Every year. $70,000 fee for every $10 million invested. Every year. Dead stop for me right there. Sorry, but I can’t see it. Yeah. I agree. I understand the temptation, but this seems like the tax tail wagging the dog. Simpler when your variable comp comes in the form of RSUs. N...
by TomatoTomahto
Sun Oct 27, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Talk to me about electric heating on a solar home
Replies: 18
Views: 1514

Re: Talk to me about electric heating on a solar home

@Dudley, not to go too far OT, but I’m expecting a surplus also, and was wondering if you did any charitable donations of your surplus. I just role my surplus forward. (maybe my electricity credit will be more profitable investment than S&P and BND in the next couple of years...). I will certainly ...
by TomatoTomahto
Sun Oct 27, 2019 1:00 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20457

Re: I’m done with index funds

The original poster might have large amounts of stock options or company stock, my suspicion is that he might work for a high tech company and will be liquidating those investments in the future. My guess is that his potential large capital gains are from that and not from his investment portfolio....
by TomatoTomahto
Sun Oct 27, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Talk to me about electric heating on a solar home
Replies: 18
Views: 1514

Re: Talk to me about electric heating on a solar home

@Dudley, not to go too far OT, but I’m expecting a surplus also, and was wondering if you did any charitable donations of your surplus. I just role my surplus forward. (maybe my electricity credit will be more profitable investment than S&P and BND in the next couple of years...). I will certainly ...
by TomatoTomahto
Sun Oct 27, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Talk to me about electric heating on a solar home
Replies: 18
Views: 1514

Re: Talk to me about electric heating on a solar home

@Dudley, not to go too far OT, but I’m expecting a surplus also, and was wondering if you did any charitable donations of your surplus. If so, how does it work out? We sized our geothermal for our then-uninsulated house, and now are insulating the heck out of it. Going all electric (car, heat, cooki...