Search found 7309 matches

by Epsilon Delta
Fri May 25, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: combining two Roths so when is 5 year bar?
Replies: 19
Views: 1274

Re: combining two Roths so when is 5 year bar?

Also, the 5 years only applies to distribution of Roth IRA earnings . So besides the time you have had it, the new custodian may not know your cost basis, unless that information is routinely passed along with the transfer of assets? If they do not, then they won't know if a distribution consists o...
by Epsilon Delta
Fri May 25, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 3286

Re: When did this start??

It's not about penny pinching, it's about the ever moving goal post and, as you just so perfectly exemplified, the browbeating of people for questioning the ever moving goal post. There is an economic reason for the ever moving goal posts. In an industrial economy things get cheaper but labor does ...
by Epsilon Delta
Fri May 25, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 5454

Re: How do I tell if Roth conversions are worth the trouble?

If you have the right amount of taxes withheld through payroll you will be fine. Just do the math and bump up withholding. Ummm... I'm retired. No payroll, so no withholding to adjust. You can withhold from an IRA withdrawal. You can even use outside, taxable funds to do a 60 day indirect rollover ...
by Epsilon Delta
Fri May 25, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Do you file 8606 if you have TIRA but no backdoor Roth, and how?
Replies: 2
Views: 331

Re: Do you file 8606 if you have TIRA but no backdoor Roth, and how?

If you file Form 8606 without an attached 1040 or 1040X remember to sign the jurat on page 2 of the 8606.
by Epsilon Delta
Fri May 25, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: combining two Roths so when is 5 year bar?
Replies: 19
Views: 1274

Re: combining two Roths so when is 5 year bar?

For Roth IRAs rollovers from one Roth to another do not start a new five year clock. So any five year clock started ten years ago has expired. Note that the custodian may not know that the five year clock has expired, so they may give a different code to a withdrawal than the original custodian wou...
by Epsilon Delta
Wed May 23, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: combining two Roths so when is 5 year bar?
Replies: 19
Views: 1274

Re: combining two Roths so when is 5 year bar?

The date of your first-ever Roth covers the 5 year opening clock for all subsequent Roth accounts. Note that there are at least (3) 5 year clocks associated with Roth accounts. I am talking about the "since opening" clock only. There are separate clocks for tIRA conversions, earnings on conversions...
by Epsilon Delta
Wed May 23, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: combining two Roths so when is 5 year bar?
Replies: 19
Views: 1274

Re: combining two Roths so when is 5 year bar?

For Roth IRAs rollovers from one Roth to another do not start a new five year clock. So any five year clock started ten years ago has expired. Note that the custodian may not know that the five year clock has expired, so they may give a different code to a withdrawal than the original custodian woul...
by Epsilon Delta
Tue May 22, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 76
Views: 3271

Re: Road trip Newark NJ to Albany

hoops777 wrote:
Sun May 20, 2018 8:05 pm
Thanks.I would love to go to the Hall of Fame but my wife hates baseball.We will see how that works out :D
Perhaps the Farmers Museum or Fenimore Art Museum are more to her taste? All three are in walking distance and there is a shuttle. Meet for dinner.
by Epsilon Delta
Tue May 22, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 51
Views: 4825

Re: Rob Arnott:index Investors Buy High, Sell Low

False. When I rebalance our portfolio I buy low and sell high. Automatically. It's true that some people are able to "front run" a stock that's about to be added to an index. Except that modern indexes make this hard to do. Index providers have been doing things like this since at least the year 20...
by Epsilon Delta
Tue May 22, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Fact, Fiction, and the Size Effect
Replies: 78
Views: 4911

Re: Fact, Fiction, and the Size Effect

Asness, Frazzini, Israel, Moskowitz, and Pedersen, 2015: Alquist, Israel, and Moskowitz, 2018: The first one says the existence of a size factor--a "spectacular" one, according to Asness' essay--is proved by its showing up when combined with quality. It almost sounds as if the second paper is calli...
by Epsilon Delta
Tue May 22, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1180

Re: Old Hot Water Heater

Thanks all for the advice. It is located in the attic :( Not exactly sure the kind. It is not tankless. Looks like one of those big 60 gallon ones. Will get some more details this weekend. Take possession of the house Saturday. While your there take a look to see what steps have been taken to conta...
by Epsilon Delta
Tue May 22, 2018 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Does the IRS care about pennies?
Replies: 7
Views: 878

Re: Does the IRS care about pennies?

Rounding is an election. If you rounded on the rest of the return you should round on form 8606. If you used cents on the rest of the return you should have used cents on the 8606.
by Epsilon Delta
Tue May 22, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1685

Re: Same funds within IRA and Taxable

Here is the revenue ruling on the subject. Note how particularly the IRS discusses IRAs. The terms are not vague. If they had intended 401(k)s to be included then they would not have made it so specific. h[url]ttps://www.irs.gov/pub/irs-drop/rr-08-05.pdf[/url] Note that the ruling also includes: Th...
by Epsilon Delta
Tue May 22, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 46
Views: 3419

Re: Buy an old farmhouse?

When I was a kid I much preferred sharing a room in town to my own room in the boonies. There were a hundred times more things to do in town. In the boonies there are few choices, mostly between the boring and the illegal.
by Epsilon Delta
Tue May 22, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 5454

Re: How do I tell if Roth conversions are worth the trouble?

Both of our rIRAs are 100% equities. tIRAs are roughly 85/15. What I mean when I say that my tIRA is keeping pace with the rIRA is this: Since we retired, the tIRA has appreciated way, way more than I have taken out for conversions. Again, I know it is a good problem to have, and this isn't intende...
by Epsilon Delta
Tue May 22, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Roth question
Replies: 24
Views: 1526

Re: Roth question

The way I read it, he took money out of Roth IRA in late April and there is no indication of when the money got into the new Roth IRA.....but since 60 days has not yet passed....why could it not be a 60 day rollover? Just to further the confusion :twisted: If he is still in the 60 day window and ha...
by Epsilon Delta
Tue May 22, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1685

Re: Same funds within IRA and Taxable

There are very good reasons why 401(k) and other similar plans aren't included. Among those are the contributions must come out of salary, so that tends to mean that funds are contributed to on a regular basis. Many plans have a very narrow selection of funds to choose from, so it's difficult to se...
by Epsilon Delta
Mon May 21, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1685

Re: Same funds within IRA and Taxable

But if you are actively trying to learn about tax loss harvest then presumably you might do it in the future, no? My opinion is you are way over thinking this. Hold whatever funds make the most sense for you in whatever accounts. If a TLH opportunity arises you'll have a plan for managing it, like ...
by Epsilon Delta
Mon May 21, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: child turning 18 - stop filing as dependent?
Replies: 23
Views: 1946

Re: child turning 18 - stop filing as dependent?

Legally, the IRS has a definition of a dependent. Your 18 year old will meet it or not. The IRS doesn't provide you an option here. However: the 18 year old will meet the definition or not depending on what happens in 2018. You've had options over what's happened year to date and you still have a o...
by Epsilon Delta
Mon May 21, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 12
Views: 1321

Re: Investments that are unique *and* sensible?

I quibble with you saying that expected return on SPIA is negative. There is no theoretical basis that says the expected return will be negative. Moreover quotes for today show a very slightly positive expected return. (payment * life expectancy is slightly greater than cost). Is that nominal or re...
by Epsilon Delta
Mon May 21, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Wifi + wired device
Replies: 49
Views: 2474

Re: Wifi + wired device

The only mention of the port in the manual is for setting up a separate network. The spec sheet just refers to it as a Gigabit ethernet port. Does it seem likely that it would serve the purpose? You already looked. That merits being shown what to look for. :sharebeer www.downloads.netgear.com/files...
by Epsilon Delta
Mon May 21, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Why is my after tax contribution showing up a penny less?
Replies: 6
Views: 611

Re: Why is my after tax contribution showing up a penny less?

Using more. but still finite, decimal places does not get rid of rounding errors, it just makes them rarer. You could use enough decimals makes them so rare that they will never occur in practice, but the CIT is never willing to pay for the extra computing power that would be needed. The straightfor...
by Epsilon Delta
Sat May 19, 2018 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 12
Views: 1321

Re: Investments that are unique *and* sensible?

I would quibble slightly with the idea that SPIA's are "investments," since your expected return is negative. That being said, there's nothing wrong with an SPIA; it's just an insurance product rather than an investment. I quibble with you saying that expected return on SPIA is negative. There is n...
by Epsilon Delta
Sat May 19, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA: Begin With ETF's or Wait Until 3k?
Replies: 15
Views: 767

Re: Roth IRA: Begin With ETF's or Wait Until 3k?

What you are talking about is small stuff.

Don't sweat the small stuff. The danger of sweating the small stuff is not paying attention to important things.
by Epsilon Delta
Sat May 19, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: central extractor fan instead of A/C?
Replies: 15
Views: 1250

Re: central extractor fan instead of A/C?

You might find something you are looking among the swamp coolers. You don't want the swamp part, but these need to draw fairly large quantities of outside air through the house, so parts like inlets, outlets, fans and diverters may be available. One issue is that the heat capacity of the air in a ro...
by Epsilon Delta
Fri May 18, 2018 10:55 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2787

Re: Hot food flavoring (sauces, spices and peppers)

You might try some of the non-pepper pungent spices. Ginger, horseradish, wasabi, mustards, black pepper, cinnamon, and hard neck garlic come to mind. These all have different active ingredients and the "hot" tastes are quite different.
by Epsilon Delta
Fri May 18, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Partial Roth conversions--okay to withdraw them?
Replies: 4
Views: 447

Re: Partial Roth conversions--okay to withdraw them?

From another post I find that you have a pension that provides some level of support in addition to your taxable account between now and 70. Having converted to Roth I would not be inclined as a first choice to pull from the Roth account while continuing to do conversions as that seems counter prod...
by Epsilon Delta
Fri May 18, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: HV Landscaping Electrical Wiring
Replies: 7
Views: 502

Re: HV Landscaping Electrical Wiring

Or replace the HV lights with LV lights. Then you can run wires on the surface and chew on them safely, should you have the urge to do so. With an acre you might need to run some HV lines to remote LV power supplies on distant parts of the property. Any HV lines should be properly buried/elevated/in...
by Epsilon Delta
Thu May 17, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3108

Re: Bicycle insurance? when you're in the roadway like a car

This gets at the crux of my original post. I don't commute on a bicycle, but the way many of them ride becomes an insurance risk for everyone. And if they don't have insurance to cover someone else who they injure by their actions.....hence my question about insurance in post #1. The solution to pe...
by Epsilon Delta
Thu May 17, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3108

Re: Bicycle insurance? when you're in the roadway like a car

This gets at the crux of my original post. I don't commute on a bicycle, but the way many of them ride becomes an insurance risk for everyone. And if they don't have insurance to cover someone else who they injure by their actions.....hence my question about insurance in post #1. The solution to pe...
by Epsilon Delta
Thu May 17, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Best use of inherited assets to get to retirement soon
Replies: 7
Views: 1278

Re: Best use of inherited assets to get to retirement soon

The rules for 457(b) plans are weird. If it's a non-government plan you may not be able to roll it over at all. OTOH you may be able to roll it to a Roth IRA (paying taxes now rather than later). These may have already considered this, or it may not apply to you, or you may not care. But there is a ...
by Epsilon Delta
Thu May 17, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Percent Confidence in Planning Scenario
Replies: 27
Views: 1013

Re: Percent Confidence in Planning Scenario

Getting from 96% and 100% is essentially gaming the model. The errors in the model are almost certainly greater than 4%. Or one could go the other way and not game the model. One can get much closer to 100% by investing heavily in TIPS, the ultimate low risk low return asset. To get downside protec...
by Epsilon Delta
Wed May 16, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Percent Confidence in Planning Scenario
Replies: 27
Views: 1013

Re: Percent Confidence in Planning Scenario

Getting from 96% and 100% is essentially gaming the model. The errors in the model are almost certainly greater than 4%.

In other words the unknown unknowns are much greater than the known unknowns, so over-optimizing the known unknowns is pointless.
by Epsilon Delta
Wed May 16, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Medical Insurance for visiting the US
Replies: 10
Views: 1353

Re: Medical Insurance for visiting the US

Travel insurance from the home country should include medivac back to the home country (where they are then taken care of by the national health system and their primary insurance). US based insurance may end up stranding them in the US. I'm not sure exactly what local insurance would be available i...
by Epsilon Delta
Wed May 16, 2018 11:50 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 127
Views: 9002

Re: The front page is ugly

bogleheads.org serves new users with the links "Getting started" and "About us" and it serves both new and old users by presenting the "forum policies" link to new users. Most so called modern websites don't do this anywhere near as well, many have a "read me first" link that is so deeply buried you...
by Epsilon Delta
Wed May 16, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: External Portable Hard Drive
Replies: 15
Views: 1100

Re: External Portable Hard Drive

This makes me think I need to keep a small external drive more or less along side the Mac most of the time now, for backup purposes. Have you considered a NAS? Basically keeping the backup drive on the shelf next to your router rather than next to your laptop. It depends on how you work, but it is ...
by Epsilon Delta
Wed May 16, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Debating whether to rebuild tractor or buy a new zero turn
Replies: 33
Views: 1879

Re: Debating whether to rebuild tractor or buy a new zero turn

Some people go overboard recommending and buying professional equipment. Professional equipment is designed to run forty hours a week or 24/7 or some similar standard. Most homeowners are doing a tiny fraction of that and new pro grade is way overkill and a waste of money for what is by commercial s...
by Epsilon Delta
Tue May 15, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Three sump pumps?
Replies: 10
Views: 970

Re: Three sump pumps?

Dual (or triple etc.) pumps should have separate discharge pipes and separate electric circuits. That helps avoid common mode failures. A shared breaker tripping should be an obvious problem. A shared discharge pipe can be a common mode failure if it freezes or if one of the non-return valves fails ...
by Epsilon Delta
Tue May 15, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 4536

Re: keyless ignitions and carbon monoxide

We always lock the interior door in the garage, with the deadbolt, AND set the home alarm. I bolt the exterior garage door when I'm home. Since there is no exterior handle for the bolts they'd have to cut through the door to open it. I'm not particularly worried about that since the house has windo...
by Epsilon Delta
Tue May 15, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Bicycle insurance? when you're in the roadway like a car
Replies: 38
Views: 3108

Re: Bicycle insurance? when you're in the roadway like a car

....a bicycle riding in the street by law is considered the same as a car/truck, so, why wouldn't they need their own liability insurance in the event they cause an accident? A bicycle ridden in the street is* a vehicle but it is not a motor vehicle . The insurance requirements are* in motor vehicl...
by Epsilon Delta
Tue May 15, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 124
Views: 10060

Re: What have you baked recently?

I've been trying out various no-knead bread recipes. They are simple and yield a great finished product. Plus you can experiment using different baking vessels and technique variations for different results using the same base dough recipe. While I would not want to deter anyone from trying the no-...
by Epsilon Delta
Thu May 10, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5299

Re: What's the view on dogs running free?

Farm country, yeah, release the hounds. Location, location, location. Regardless of whether or not your dog runs free, you are responsible for your animals, animal. Many cities have ordinances against dogs running free. For good reason, as dogs are pack animals by nature. If it's near chickens, she...
by Epsilon Delta
Thu May 10, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax question
Replies: 21
Views: 1618

Re: Estimated tax question

Technically the single large payment does not meet the exact specifications of the safe harbor, but it does avoid any penalty when the full rules are applied. And fortunately the full rules are applied by the IRS's computers so it's no extra work for you. I'm curious why you believe that a single l...
by Epsilon Delta
Wed May 09, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax question
Replies: 21
Views: 1618

Re: Estimated tax question

Yes, a single large first quarter estimated tax payment is at least as good as paying 1/4 the amount in four quarterly payments. Technically the single large payment does not meet the exact specifications of the safe harbor, but it does avoid any penalty when the full rules are applied. And fortunat...
by Epsilon Delta
Wed May 09, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax form [Rejected as photocopy, signature must be in blue ink]
Replies: 41
Views: 3117

Re: IRS tax form

Of course now that the IRS is allergic to distributing forms quite a few people use photocopies of the blank form.

To make the signature stand out I'd consider signing with ink with some texture. Perhaps one of those metallic glitter gel pens. :twisted:
by Epsilon Delta
Wed May 09, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: [Does the] S&P include QQQ 100 and dow 30 stock
Replies: 12
Views: 1076

Re: Dose S&P include QQQ 100 and dow 30 stock

However, the comparison site does have some suspect numbers: PERCENTAGE of VTI's 1469 holdings also in VOO: 34% https://www.etfresearchcenter.com/tools/overlap.php?f1=VTI&f2=VOO VTI has 3637 stocks of course https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0970&funds_disable_re...
by Epsilon Delta
Wed May 09, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: [Does the] S&P include QQQ 100 and dow 30 stock
Replies: 12
Views: 1076

Re: Dose S&P include QQQ 100 and dow 30 stock

I suddenly wondered if QQQ has significant international exposure... and so I tried this... and to the best of my knowledge, ETF Research Center is displaying an actual mathematical impossibility here. There either are common holdings or there are not. If there are some QQQ holdings in VXUS, it is ...
by Epsilon Delta
Wed May 09, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains now, avoid ACA cliff later?
Replies: 22
Views: 2601

Re: Pay capital gains now, avoid ACA cliff later?

Muni bond interest is added back in to MAGI for ACA subsidy purposes. They could still be worthwhile, in the sense that the interest would not be triggering more taxes while working, and they could be sold to generate cash for living expenses after retirement, but they are awkward when dealing with...
by Epsilon Delta
Wed May 09, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Rationale for placing high expected return funds in Roth rather than tIRA
Replies: 15
Views: 1121

Re: Rationale for placing high expected return funds in Roth rather than tIRA

In short, the only valid justifications for higher risk assets in a Roth versus tax-deferred has to either be based on the rather un-flat nature of our tax laws, or the issue of RMDs. I agree with this and would put it this way: We have a largely progressive income tax structure. The higher your as...
by Epsilon Delta
Wed May 09, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 6180

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

In answer to the question in my previous post... Yes that is one purpose of the separation property, but there can be more than two risky assets. What that means is that everyone who picks the same surrogate for the risk-free asset and holds the same risky assets, and has the same expectations for ...