Search found 7406 matches

by Epsilon Delta
Fri Dec 14, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Making our first backdoor Roth contributions
Replies: 11
Views: 1150

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: 28
Views: 2221

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: 2192

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: 293

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: 105

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: 15297

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: 1915

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: 15297

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: 5212

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: 4279

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: 3177

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: 3371

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: 1046

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: 10973

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: 5685

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: 9606

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: 1645

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: 10973

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: 2408

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: 2363

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: 4478

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: 10973

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: 10973

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: 2071

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: 2363

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: 992

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: 3956

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: 2197

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.
by Epsilon Delta
Sun Jun 03, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral Shares of Vanguard Fund
Replies: 7
Views: 875

Re: Admiral Shares of Vanguard Fund

Notice that the difference between having $10,000 in Total stock market admiral shares and $9999.99 in Total stock market investor shares is $10 per year in expenses. So even if you worry about being demoted, you should not be worried much about being demoted. It's more for the active funds, but sti...
by Epsilon Delta
Sun Jun 03, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Re-marriage and claiming social security on ex-spouse
Replies: 10
Views: 1923

Re: Re-marriage and claiming social security on ex-spouse

I take RS 00202.045 to be about the termination of benefits. Since you are not currently entitled, entitlement cannot be terminated and this is irrelevant. I think that to get to entitlement you'd need to squeeze through RS 00202.005 , and that requires you to be unmarried at age 62 when you apply. ...
by Epsilon Delta
Sun Jun 03, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity with survivor or not
Replies: 13
Views: 1273

Re: Annuity with survivor or not

You need to plan for dieing tomorrow as well as dieing later in life. If the plan is to take the larger income now and invest it to cover the loss of income later you need to consider what happens if the lose of income happens tomorrow. Since you mentioned term life, I would only consider taking the...
by Epsilon Delta
Sun Jun 03, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: 19 yr old - IRA
Replies: 10
Views: 581

Re: 19 yr old - IRA

The behavior of the young adults I know is such that if I were setting up an IRA for them I'd prefer a traditional mutual fund account that can only buy mutual funds from a reasonable company to a brokerage account where they can buy almost anything. That way the attention deficit* works to keep the...
by Epsilon Delta
Sun Jun 03, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Major Issue with Wife's Vanguard IRA - please help
Replies: 19
Views: 2003

Re: Major Issue with Wife's Vanguard IRA - please help

[*]You amend your tax returns for 2015, 2016, and 2017 to claim the deduction (if you are eligible). You should file form 8606 for 2013 and 2014 for the non-deductible contributions during those years and also file form 8606 for 2015, 2016, and 2017 for the 2013 and 2014 non-deductible contribution...
by Epsilon Delta
Sun Jun 03, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Major Issue with Wife's Vanguard IRA - please help
Replies: 19
Views: 2003

Re: Major Issue with Wife's Vanguard IRA - please help

jebmke wrote:
Sun Jun 03, 2018 9:42 am
Three years is max. So that would be 2017, 2016 and 2015.
It's three years from date of original filing. 2014 could still be open for a 1040X if he filed for an extension and filed after June 3rd 2015. But if he filed June 4th 2015 he would need to get the 1040X postmarked tomorrow :twisted:
by Epsilon Delta
Sun Jun 03, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Tool board for basement - plywood or pegboard?
Replies: 30
Views: 2197

Re: Tool board for basement - plywood or pegboard?

I mount peg board with standoffs 1"x1"x1/2" blocks that hold the board away from the wall and let me use any hole not used to screw it to the wall. Furring strips block a fairly high percentage of the holes, usually including the ones I want. If the studs are not conveniently located I use furring s...
by Epsilon Delta
Sun Jun 03, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in Roth IRA
Replies: 24
Views: 1860

Re: Bonds in Roth IRA

My wife has a pretty decent selection of low-cost index funds in her 401(k), but lousy choices of bond funds. Most are actively managed with .75% fees or higher. The only low cost (.1% fee) bond fund is a short-term (~2 year duration) fund. On the other hand, her Roth IRA allows us to invest in any...
by Epsilon Delta
Sat Jun 02, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: Need to replace my Vizio TV..............
Replies: 35
Views: 2907

Re: Need to replace my Vizio TV..............

Does sound work with an external speaker system or sound bar? My thought also. Run a cable from one of the outputs (there can be multiple types) to an external speaker or soundbar. There may be audio outputs on the cable box as well as the TV. Taking the sound from the cable box takes the TV entire...
by Epsilon Delta
Sat Jun 02, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Car drove through our home - some questions on insurance and restitution
Replies: 26
Views: 3602

Re: Car drove through our home - some questions on insurance and restitution

The word of the day is subrogation. If your (or the drivers) insurance pays you and the DA gets restitution from the driver the restitution may go to reimburse the insurance company -- you don't get paid twice for the same loss. This means you may have less interest in pursuing restitution. There's ...
by Epsilon Delta
Sat Jun 02, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Major Issue with Wife's Vanguard IRA - please help
Replies: 19
Views: 2003

Re: Major Issue with Wife's Vanguard IRA - please help

This is why you read statements and keep your own records. I take it you don't have any copies of 1099s, 5498 or account statements in your own files? If you don't have anything saying this was a Roth I think you are unlikely to get any sympathy from Vanguard. If it turns out this has been a traditi...
by Epsilon Delta
Sat Jun 02, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 10086

Re: What's wrong with this critique of indexing?

If markets are efficient, then it is reasonable to expect all factors to have the same risk adjusted return. No it isn't. If risk is defined as variance then it is false by the cauchy-schwartz inequality, which relates variance and covariance of random variables. If risk is something else then we h...