Search found 7418 matches

by Epsilon Delta
Mon Dec 17, 2018 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act and subsidies
Replies: 10
Views: 979

Re: Affordable Care Act and subsidies

Can you tell us how you arrived at the $53k of income needed? It's my understanding that between the eligibility limits the subsidy phase out is effectively an increase in the marginal tax rate. So you just have to compare current and future tax rates. If the future tax rate is lower it can make sen...
by Epsilon Delta
Sun Dec 16, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-paying mortgage only in early years
Replies: 8
Views: 812

Re: Pre-paying mortgage only in early years

Prepaying a mortgage is building your wealth. It is more or less equivalent to buying a bond, and for net worth purposes more "more" than "less".
by Epsilon Delta
Sun Dec 16, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-paying mortgage only in early years
Replies: 8
Views: 812

Re: Pre-paying mortgage only in early years

And since short term interest rates are usually lower than long term rates you should be slightly more willing to pre-pay of a mortgage in the later years.
by Epsilon Delta
Sun Dec 16, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Low flow shower head
Replies: 15
Views: 622

Re: Low flow shower head

While saving water, I'm also thinking about saving propane, since that heats my water. Cutting my shower water usage by nearly half will surely cut my gas bill. Heating 15 gallons (57kg) from 50F (10C) t 105F (40C) takes about 7.1MJ or 2kWhrs. That's about 25cents if you use electric, about the sam...
by Epsilon Delta
Sun Dec 16, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Inadvertent disclosure of personal info by a lawyer
Replies: 6
Views: 977

Re: Inadvertent disclosure of personal info by a lawyer

DOB and SSN are already effectively public information. Unless the person who learned them is a known bad actor, or unless more significant information was leaked, the leak does not noticeable increase your risk and does not justify any precautions you were not already taking.
by Epsilon Delta
Sun Dec 16, 2018 6:44 pm
Forum: Investing - Theory, News & General
Topic: What's the impact of no more Roth recharacterization?
Replies: 36
Views: 4090

Re: What's the impact of no more Roth recharacterization?

What is the penalty if you make a full Roth contribution in January, but get a pay raise or bonus that puts you well over the income limit and/or phaseout entirely? You are still allowed to recharacterize a contribution. You just can't recharacterize a conversion anymore. You can also withdraw the ...
by Epsilon Delta
Sun Dec 16, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Do Factor Tilts, Such As Small Value, Increase Idiosyncratic Risk?
Replies: 37
Views: 1421

Re: Do Factor Tilts, Such As Small Value, Increase Idiosyncratic Risk?

JoMoney wrote:
Sun Dec 16, 2018 5:58 pm
A market weighted portfolio (however you want to define 'the market') holds a special position, in that it is Pareto optimal.
It's even more special than that. Not only is it Pareto optimal, but we know it's Pareto optimal.
by Epsilon Delta
Sun Dec 16, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Calendar Years and Backdoor Roths
Replies: 8
Views: 571

Re: Calendar Years and Backdoor Roths

it does make form 8606 more complicated if you do it after the calendar year according to the WCI. https://www.whitecoatinvestor.com/17-ways-to-screw-up-a-backdoor-roth-ira/ He asserts that without explanation. My recollection is it might mean you have to fill out an extra line or two? If the conve...
by Epsilon Delta
Sun Dec 16, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 43
Views: 2246

Re: Adult Games / Board Games - Recommendations

You might want a mix of physical and mental games. This can help keep everybody interested. Twister was already mentioned but pool, darts, foosball, skittles , shove ha'penny , Kerplunk, Jenga can be a break from the endless stream of vocabulary games. But if you want to add to the endless stream of...
by Epsilon Delta
Sun Dec 16, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Sports illustrated subscription, how to avoid auto renew
Replies: 13
Views: 890

Re: Sports illustrated subscription, how to avoid auto renew

Mark on your digital calendar 2 weeks before renewal to call and cancel the subscription. Why wait? Send the notification now, with an effective date one year in the future. For extra credit print out the subscription request and mail it and the cancellation in the same envelope, and make the cance...
by Epsilon Delta
Sun Dec 16, 2018 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 151
Views: 10245

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

The advantage of Employer health plans to the insurer is that the pool is not* selected based on desire and need for access to insurance. Affiliated plans that are not selective in who can join (and not join) or that allow the affiliates to opt in or out of insurance will find that people who sign u...
by Epsilon Delta
Sat Dec 15, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: 3 Correlation Myths In Portfolio Construction
Replies: 90
Views: 4983

Re: Allan Roth: 3 Correlation Myths In Portfolio Construction

I do agree with Nisiprius (and Allan Roth) that correlation numbers are way overrated. The simple fact that it totally ignores amplitude should be a screaming warning, unfortunately this is all too often forgotten. Yeah the whole ignoring amplitude thing makes them of limited usefulness to me. Is t...
by Epsilon Delta
Fri Dec 14, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Making our first backdoor Roth contributions
Replies: 16
Views: 1550

Re: Making our first backdoor Roth contributions

I think I get it. And to your last point, that was our plan: She contributes the $5,500 for 2018 now and it sits in a money market earning approximately nothing . In July, 2019 she rolls over the prior balance and is left with $5,500 that has earned ~$0 in the money market Just a quibble. MM rates ...
by Epsilon Delta
Fri Dec 14, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Tax question-above the line
Replies: 31
Views: 2398

Re: Tax question-above the line

The credit is based on AGI. Since the Roth is non-deductible it doesn't change your AGI. A tax deferred IRA would reduce your AGI to $17,500. So your AGI is $23,000 (based on Roth contribution) and therefore the credit is 10%. If you want to contribute to a traditional IRA instead, then yes you wou...
by Epsilon Delta
Fri Dec 14, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 2822

Re: Is it difficult to change a baby's legal name?

If you think you can get most people to pronounce any but the most conventional of names correctly google "Laurel or Yanny".

Human hearing and speech is weird. Names that include phonemes that are not part of the dialect of the listener provide a good way to mine that weirdness.
by Epsilon Delta
Fri Dec 14, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Trad IRA to Roth Conversion
Replies: 4
Views: 363

Re: Trad IRA to Roth Conversion

I'd say worry about what you can control, which in this cases is taxes. If the market goes down It's not the conversion that shot you in the foot, it's the decision to own stocks. If you knew that stocks would be down 20% next year there are much more profitable things to do than time penny ante Rot...
by Epsilon Delta
Fri Dec 14, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Apollo Hydroheat Heating+Hotwater System. Suggestions for replacement?
Replies: 1
Views: 131

Re: Apollo Hydroheat Heating+Hotwater System. Suggestions for replacement?

The existing system does not sound unusual. Combined water and space heating is the standard in many parts of the world. If the plumbing and air handler are in good condition you should be able to replace the boiler/water heater with an equivalent unit from some other brand and reuse the rest of the...
by Epsilon Delta
Wed Dec 12, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 127
Views: 15315

Re: LED light bulbs

There's a lot of efficiency to be gained by using heat only when and where it is needed. My alternative to using a few hundred watts of electric resistance heating (in the form of light bulbs) for a fraction of an hour a day would be to turn up the central heating for the whole house by a couple of ...
by Epsilon Delta
Wed Dec 12, 2018 2:55 am
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 1966

Re: learning excel

Excel is a general purpose tool that can be, and is, used for just about anything.* Databases, reports, finite element analysis, image processing*, ... . You can probably find a tutorial covering any of those uses. I'd suggest you start with a tutorial that deals with a domain you already understand...
by Epsilon Delta
Tue Dec 11, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 127
Views: 15315

Re: LED light bulbs

* What to do with my incandescents? Didn't want to throw them out. I use them in the bathroom in winter. The extra couple of degrees from several hundred watts are welcome when I get out of the shower. Also helps stop the mirror fogging up. When my stock of 100W bulbs is exhausted I'll need to get ...
by Epsilon Delta
Wed Aug 08, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
Replies: 18
Views: 5217

Re: Fidelity announced 10-for-1 fund splits in certain mutual funds

Actually it is strange that mutual fund share quantities are not managed to enough decimal places to guarantee that transactions always match orders to the penny. If you assume that price per share is kept to less than $1,000, it would take, let's see... I think five would do it? Certainly six. No ...
by Epsilon Delta
Tue Aug 07, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4280

Re: radon mitigation exposure concern, are we at risk?

tim1999 wrote:
Tue Aug 07, 2018 5:42 am
Don’t stick your face in the opening of the neighbor’s pipe for extended periods of time and you will be fine.
The biggest danger of stick your face in the opening of the neighbor’s pipe for extended periods of time is your neighbor’s shotgun or your neighbor’s sarcasm.
by Epsilon Delta
Tue Aug 07, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Satisfying the 5 year rules for ROTH IRAs
Replies: 12
Views: 1571

Re: Satisfying the 5 year rules for ROTH IRAs

The fairmark table is still upside down.

Any table that does not begin with the qualified distribution case is pretty convincing proof that the author is
1) Under age 59.5 (or at least thinks hes under age 59.5)
2) Overly interested in details of the tax code
by Epsilon Delta
Wed Aug 01, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Boy's first job
Replies: 38
Views: 3866

Re: Boy's first job

If he is working 10 hours a week the match will amount to about $60 per year. Perhaps more, perhaps less. So it is a fairly small amount. You could make a case that this is not worth the effort. Or you could say it is worth it for the eduction. But some of the above responses look like a little too ...
by Epsilon Delta
Wed Aug 01, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Back door Roth conversion help
Replies: 6
Views: 368

Re: Back door Roth conversion help

While the above are correct IMHO stressing the rounding rules is overly technical and obscures the big picture. Rounding is allowed because the amounts are small and make no real difference. If the gains were $0.51 or $9.28 it would not round down but it would still be small and make no real differe...
by Epsilon Delta
Mon Jul 30, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Garage doors
Replies: 13
Views: 1368

Re: Garage doors

Garage doors are rather simple things with no particular life expectancy. It is quite likely that with a couple or ten hours of work and few tens or hundreds of dollars in parts you could get another 18 years of safe use out of the ones you have. Dealing with mice is detailed work with weatherstripp...
by Epsilon Delta
Fri Jul 13, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 3182

Re: How to plan for health insurance at a young age?

Isn't the real answer to OP's question is "NO YOU CAN NOT!" but that would be too easy. Unfortunately that IS THE answer even if OP or the rest of you don't like it. +1 Any forecast should include some measure of precision, such as range, variance or a full distribution. In this case the spread is ...
by Epsilon Delta
Thu Jun 14, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3374

Re: Would you choose text or email for two-factor authentication?

You seemed to suggest that a hacked account password implies a hacked device. I tried to explain that these are two different things. My account password at your site may have been hacked - that doesn't mean that my device is hacked. Having both a hacked account password as well as a hacked device ...
by Epsilon Delta
Tue Jun 12, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding Estimated Tax Penalty - Safe Haven
Replies: 7
Views: 1047

Re: Avoiding Estimated Tax Penalty - Safe Haven

For an IRA withdrawal you can specify zero withholding, you can also specify anything from 10% to 100%. You just can't specify 1% to 9% withholding. Also you can take as many distributions as you like so if you want an exact dollar amount, make a withdrawal of that amount and withhold 100% and then ...
by Epsilon Delta
Thu Jun 07, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Yes, you can diversify a market portfolio
Replies: 190
Views: 10994

Re: Yes, you can diversify a market portfolio

David Jay wrote:
Thu Jun 07, 2018 5:40 pm
What if one of your 4 stocks is the next Kodak (a company that is about to be inundated by sudden technological change)?
1905 Kodak or 1997 Kodak?
by Epsilon Delta
Thu Jun 07, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification on MAGI and Roth IRA Income Limits
Replies: 5
Views: 516

Re: Clarification on MAGI and Roth IRA Income Limits

Pub 590A worksheet 2.1 specifies how to figure MAGI for Roth purposes. You start with AGI from form 1040, which does not include income contributed to a (deductible) 401k or HSA and then add and subtract things that do not include 401k or HSA contributions. The resultant MAGI does not include incom...
by Epsilon Delta
Thu Jun 07, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification on MAGI and Roth IRA Income Limits
Replies: 5
Views: 516

Re: Clarification on MAGI and Roth IRA Income Limits

Pub 590A worksheet 2.1 specifies how to figure MAGI for Roth purposes. You start with AGI from form 1040, which does not include income contributed to a (deductible) 401k or HSA and then add and subtract things that do not include 401k or HSA contributions. The resultant MAGI does not include income...
by Epsilon Delta
Thu Jun 07, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5687

Re: daughter wants a college transfer?

How sure are you that you have the full story?
by Epsilon Delta
Thu Jun 07, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 9616

Re: Indexing will fail investors in next decade

FIREchief wrote:
Thu Jun 07, 2018 3:59 pm
First time I've ever seen somebody recommend investing in water. Not sure how I would do that. Do I need my own water tower or can I pay a reservoir to store some for me.
Emulate Dominic Greene in Quantum of Solace.

That would be life, imitating art, imitating life.
by Epsilon Delta
Thu Jun 07, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: all RMD withholding at YearEnd
Replies: 11
Views: 723

Re: all RMD withholding at YearEnd

I am looking for an IRS publication that explains if taking all of one year's required withholding in the December RMD is good enough for the IRS. The instructions for form 2210 cover that. Although there might not be an explicit statement saying exactly what you want, if you do the calculations yo...
by Epsilon Delta
Thu Jun 07, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: RMD donations using checks
Replies: 26
Views: 1649

Re: RMD donations using checks

While there is a potential issue with lost checks resulting in an insufficient RMD, the IRS has a history of being pretty lenient for a missed RMD if you take the RMD late and request absolution on form 5329. Since they forgive "I did not know better" I'd expect them to forgive "the post office ate ...
by Epsilon Delta
Thu Jun 07, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Shortest Front Loading Washer/Dryer
Replies: 3
Views: 370

Re: Shortest Front Loading Washer/Dryer

Some of the stackable units are a few inches shorter. Theres no law that says you have to stack them, although you might need a counter or something on top. There are also European models that are much smaller in all dimensions. You can probably find these somewhere if you're into washing one sock a...
by Epsilon Delta
Thu Jun 07, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Yes, you can diversify a market portfolio
Replies: 190
Views: 10994

Re: Yes, you can diversify a market portfolio

Imagine you started with an equal-weight portfolio of the following ten stocks: BAC (Bank of America Corporation) C (Citigroup Inc.) GILD (Gilead Sciences, Inc.) GS (Goldman Sachs Group, Inc.) JPM (J P Morgan Chase & Co) MS (Morgan Stanley) SO (Southern Company) USB (U.S. Bancorp) V (Visa Inc.) WFC...
by Epsilon Delta
Thu Jun 07, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: How to legally avoid a bank levy?
Replies: 16
Views: 2417

Re: How to legally avoid a bank levy?

This question follows a scenario I am aware of where someone is behind on his debts but plans to settle or just pay in full, but perhaps not in time to avoid some collection efforts. If there is a reasonable plan to pay I'd suspect it's better to talk to, or have the debtors lawyer or agent talk to...
by Epsilon Delta
Thu Jun 07, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Water Heaters
Replies: 27
Views: 2365

Re: Water Heaters

The main purpose of a basement is put the foundations below the frost line. Which is why you find them in New England and not the south. It's usually cheaper to dig one big hole than lots of fiddly bits, in part because it gives the masons more room to work. Secondary uses such as mechanical space, ...
by Epsilon Delta
Thu Jun 07, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 35
Views: 4492

Re: How to know if power is cut to smoke detector

The primary benefit of my hardwired smoke detectors is without them I could not get a certificate of occupancy.
by Epsilon Delta
Wed Jun 06, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to figure out whether spouse should try to get 40 SS credit
Replies: 8
Views: 759

Re: Trying to figure out whether spouse should try to get 40 SS credit

Just for trivia the below is not a new rule. It's been the law as long as I can remember. Not well understood though so well worth the electrons. :beer It gets a bit more complicated in your situation. Your spouse will not get 50% of your PIA if she files for her own benefit at age 62. The new rules...
by Epsilon Delta
Wed Jun 06, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Yes, you can diversify a market portfolio
Replies: 190
Views: 10994

Re: Yes, you can diversify a market portfolio

I square this by claiming there are multiple dimensions of risk. One is s.d. (or at least s.d. is a good proxy for it) others are unknown. When we squeeze s.d. by tilting some unknown form of risk increases. Having different amounts of different risks is not exactly the same. It is a matter of tast...
by Epsilon Delta
Wed Jun 06, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Yes, you can diversify a market portfolio
Replies: 190
Views: 10994

Re: Yes, you can diversify a market portfolio

For simplicity's sake, suppose I'm holding a CBS-type portfolio comprised of 50% total global stock market and 50% total bond. Let's call this 50-50 portfolio "CBS1." Now, someone comes along and tells me I could increase diversification by tilting from my under-diversified, market-weighted CBS1 po...
by Epsilon Delta
Tue Jun 05, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: in idea with SCV and leverage..
Replies: 23
Views: 2078

Re: in idea with SCV and leverage..

People who write about it, however, say that the criterion does not assume anything about your personal utility function, Consider the personal utility function where you have $1 and need $10m by Friday or you die. The Kelly criteria does not enter into it, you need to bet enough or failure is cert...
by Epsilon Delta
Tue Jun 05, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Water Heaters
Replies: 27
Views: 2365

Re: Water Heaters

I cannot replace either tank's anode without first draining the tank, disconnecting the gas line, water inlet and outlet lines, as well as the roof vent. The tank then needs to be tipped on it's side to allow anode replacement. Might be easier to cut and patch a hole in the roof. :twisted: :shock: ...
by Epsilon Delta
Tue Jun 05, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: How should I hang a hammock on vinyl sided exterior wall?
Replies: 11
Views: 996

Re: How should I hang a hammock on vinyl sided exterior wall?

I think if you search, say, Lowes for "Siding Mounting Blocks" you will find what you are looking for.

There are two types. One type has serrated edges and fits over the siding. The other type has channels and mounts flush to the sheathing. For an eye bolt you'd want the second type.
by Epsilon Delta
Tue Jun 05, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: I think I made an Traditional IRA mistake- Can it be fixed?
Replies: 60
Views: 3960

Re: I think I made an Traditional IRA mistake- Can it be fixed?

retiredjg wrote:
Mon Jun 04, 2018 2:02 pm
The original adjusted gross income should be the last line on your original Form 1040.
AGI is the last line on the front of 1040 (and the first line on the back). There's plenty of other stuff after AGI on page 2.
by Epsilon Delta
Tue Jun 05, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Tool board for basement - plywood or pegboard?
Replies: 30
Views: 2198

Re: Tool board for basement - plywood or pegboard?

FeesR-BullNotBullish wrote:
Tue Jun 05, 2018 9:28 am
I'd like to hang pegboard floor to ceiling all over the house, but i prefer living in harmony with DW.
Have you considered installing picture rails as a compromise?

Or maybe a nice shaker style peg rail.