Search found 6335 matches

by stan1
Fri Feb 15, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating to get a direct report?
Replies: 18
Views: 1199

Re: Negotiating to get a direct report?

So much depends but in general if I was establishing a new business area or managing a new process I'd prefer to go in, set it up how I wanted, and then hire the people with the skills and behaviors I wanted to make it work. There are always exceptions when the specifics are discussed. For example i...
by stan1
Fri Feb 15, 2019 9:01 am
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 23
Views: 1195

Re: Building a home

darrvao777 wrote:
Fri Feb 15, 2019 8:41 am

My wife and I are concerned that the difference in price (avg savings of $500k to $750k when opting to build ) reflects a drastic difference in quality
This seems confusing. You are comparing a $300K house with a $800-1050K house?
by stan1
Thu Feb 14, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Taxes - Do you use the 1099 summaries or detailed views?
Replies: 16
Views: 1375

Re: Taxes - Do you use the 1099 summaries or detailed views?

I enter the data off the 1099s such that the tax software does any math required. I don't maintain a shadow spread sheet with supporting data in it for each tax year. The return and the worksheets stand alone. For legacy Vanguard funds (not in a brokerage account) each fund reports the dividends and...
by stan1
Wed Feb 13, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: legal documents - wills, POAs etc.
Replies: 8
Views: 523

Re: legal documents - wills, POAs etc.

I was working for the US government when the documents were prepared by the JAG office and the attorney used my US Mailing PO box address (APO address). Also, does the fact that these documents were prepared 5 + years ago matter? Is there a guide that should be followed regarding the date on these ...
by stan1
Tue Feb 12, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 42
Views: 5357

Re: New era for TSP "I" Fund?

It looks like the TSP may not award the contract until 2020 and will start the I Fund transition after that. Also of note, the TSP will be split between 2 different investment managers in the new contract. https://www.pionline.com/article/20190204/PRINT/190209965/for-largest-us-retirement-fund-the-...
by stan1
Tue Feb 12, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5481

Re: Newlyweds and joint accounts for household expenses

Coming from someone married 12 years where we have always done the one pot of $$ thing, I have always been intrigued by the joint account for household and separate account for individual expenses. I would love to not stress about my wife spending more than I understand on a new purse or her to dis...
by stan1
Mon Feb 11, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: fire buyer's real estate agent
Replies: 21
Views: 1496

Re: fire buyer's real estate agent

If you are being specific about your price range and school district then I'd expect to see houses that meet that criteria -- and if none exist the realtor should be breaking that news to you by speaking to you not just by showing you more expensive houses in the school district you like or lower co...
by stan1
Sun Feb 10, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5481

Re: Newlyweds and joint accounts for household expenses

OP here. I appreciate all the responses. I think having a mix of separate and joint accounts is the right fit for us. What I had envisioned doing was we'd each still have our income direct deposited in our separate accounts and then biweekly or monthly we'd each contribute to the joint account acco...
by stan1
Sun Feb 10, 2019 8:45 am
Forum: Personal Investments
Topic: Tilt / Overweight -- what percentage?
Replies: 24
Views: 2134

Re: Overweight -- what percentage?

I read one review that described the IXUS ETF as "overweight in EM," but gave no specifics. The Morningstar report states: The portfolio’s [IXUS] sector weightings are comparable to its average Morningstar Category peer, and it allocates 10% more than the category average to emerging-markets stocks...
by stan1
Sat Feb 09, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Best way for Grandparent paying for day care
Replies: 23
Views: 1623

Re: Best way for Grandparent paying for day care

It hasn't been mentioned, but what the grandparent is trying to do violates the step transaction doctrine. In other words, the grandparent giving money to the child who then pays the childcare provider is a step transaction. The tax treatment must treat all of the steps as a single event, i.e, the ...
by stan1
Sat Feb 09, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 5621

Re: Buying house with son [and his girlfriend]

There's only so much coverage the law can give you when someone is dishonest, greedy, or out to get someone. Sure you can hire lawyers and that will cost everyone a lot of money. That's true in any type of relationship whether business, marriage, or family. My point is that you are taking a lot of s...
by stan1
Sat Feb 09, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable dividends question?
Replies: 3
Views: 257

Re: Taxable dividends question?

Hi, it appears my tax preparer is putting the total line 1a amount from my Fidelity 1099-Div on line 9a of the 1040. I’m looking at the 1099-div closer, and it appears to me that 1b (qualified dividends) should be subtracted from 1a before entering this amount on 9a of 1040. Then again, I’m no tax ...
by stan1
Fri Feb 08, 2019 11:52 am
Forum: Personal Investments
Topic: Expensive mutual fund with large capital gains, what to do?
Replies: 15
Views: 782

Re: Expensive mutual fund with large capital gains, what to do?

A key point here is viewing every dollar as part of the whole of your personal finances not separate as separate pots. Couple options: 1) Donor Advised Fund or other charitable contribution. You can do it over multiple years or all at once depending upon what's best for tax purposes. This is especia...
by stan1
Fri Feb 08, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: IT certifications
Replies: 22
Views: 1115

Re: IT certifications

CISSP is a challenging test not because it is technically hard but because it is nuanced. So for example you might find 3 of 4 multiple choice answers are technically correct but you'll have to choose the one answer that is most correct from the (ISC)2's view of what a cybersecurity specialist shoul...
by stan1
Fri Feb 08, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: It's tax time in California so need some help
Replies: 9
Views: 1105

Re: It's tax time in California so need some help

I'm not sure what problem you are describing but I wonder if you are trying to outthink the tax software? Just enter all of your data accurately. TT will generate a federal Schedule A but it will use the standard deduction for federal since it is more advantageous. The Schedule A then flows into you...
by stan1
Fri Feb 08, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 10581

Re: Money saving move you regret the most?

dgm wrote:
Thu Feb 07, 2019 6:20 pm

Every time I use my off brand Q-tips (multiple times a week) and the cotton unravels exposing the cheap plastic stem it reminds me of how much I regret that decision.
So give them to a friend who is less particular or throw them away. No point having regrets in life over something like this.
by stan1
Thu Feb 07, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: any experience delta one business class
Replies: 17
Views: 1393

Re: any experience delta one business class

hi, any experience with delta one business class? I know there are different ones based on plane type the one we are looking at is a 767 300 er. Wondering what your opinion is on this specific type- specifically in the past few years? Thanks How long is the flight? What are your other options for a...
by stan1
Thu Feb 07, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW Laid Off and Company wants her back now
Replies: 107
Views: 10709

Re: Need Help - DW Laid Off and Company wants her back now

There's a little good advice up stream here and a lot of bad advice. If she wants to stay I would focus on being reassigned to a supervisor and manager who understands her work and values her contributions. I'd also start working on a Plan B through her network of former co-workers. Since she has a ...
by stan1
Wed Feb 06, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW Laid Off and Company wants her back now
Replies: 107
Views: 10709

Re: Need Help - DW Laid Off and Company wants her back now

Tough one, could range from "apology accepted" to "I'm taking the 4 months severance so send security to escort me out". What seems a little strange to me is no mention of her supervisory chain and what actions they took. Did they immediately step in to correct it or were they silent? Other senior i...
by stan1
Mon Feb 04, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Those who do not fly coach, where do you buy your tickets?
Replies: 30
Views: 4796

Re: Those who do not fly coach, where do you buy your tickets?

Can anybody give a rough estimate of what premium they consider a good deal for trans-Atlantic and trans-Pacific flights? Seems I often see business is typically 2-4x and first class is 5-10x. I don't think there's a benchmark like that. I have found 50% off premium fare sales but there's usually e...
by stan1
Sun Feb 03, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Password Protectors and Quicken One-Step-Updates
Replies: 5
Views: 453

Re: Password Protectors and Quicken One-Step-Updates

There is no compatibility problem between LastPass and Quicken. You just have to enter the password for the accounts in both places. If you use LastPass to change your financial institution password you'll have to update it in Quicken as well. LastPass will not autofill your Quicken master password ...
by stan1
Sun Feb 03, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: CD Return
Replies: 4
Views: 450

Re: CD Return

Hello all! With rising interest rates, would breaking a 5 year CD with a maturity of 2021 earning 1.8% be advisable or is this not a good idea. Thanks for the advice. I also have two other CD's maturing this year. Would a shorter term be advisable and not a 5 year duration. What is the penalty for ...
by stan1
Sun Feb 03, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is the future for medical tax deductions?
Replies: 5
Views: 366

Re: What is the future for medical tax deductions?

There's no way to predict what might happen with taxes or your health care needs in 5 or 10 years let alone 30 or 50 years. Do the best you can now to save and then you or your spouse or children will adapt and handle what happens as best they can in the future.
by stan1
Sun Feb 03, 2019 11:14 am
Forum: Investing - Theory, News & General
Topic: Are rewards checking accounts (RCA) still worth it?
Replies: 7
Views: 493

Re: Are rewards checking accounts (RCA) still worth it?

With current rates increases, is perhaps a bad business? Do you think their rates would keep the differential, or perhaps at some point the product will just dissappear. And if so, why? I have one at 2.65% and another at 3.00%, and I'm thinking that perhaps the effort is not worth it anymore It's a...
by stan1
Sat Feb 02, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is My Vanguard 1099-DIV Incorrect?
Replies: 2
Views: 335

Re: Is My Vanguard 1099-DIV Incorrect?

The record date and reinvest date was 12/31 but the settlement date was 1/2. If they had cut you a check on 12/31/18 and you cashed it on 1/5/19 it still would have been income in 2018. The 1099-DIV is correct.
by stan1
Sat Feb 02, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Helping widowed mother come up with a plan
Replies: 21
Views: 1436

Re: Helping widowed mother come up with a plan

She is in very good circumstances. It's really just about her risk tolerances. You said "risk free" so that's a lot of CDs and treasuries. You could do an immediate annuity but I would split it between multiple insurers with the hope all don't fail together. Would she like to live in a CCRI or a nic...
by stan1
Sat Feb 02, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Just did my taxes.
Replies: 38
Views: 2627

Re: Just did my taxes.

You guys obviously don't have Vanguard brokerage acccounts! What is taking so long! Mid February for brokerage accounts. If you don't have REIT fund/ETF in your holdings it may post earlier. They wait to reduce the chances of needing to issue a revised 1099, which would be a bigger hassle for every...
by stan1
Sat Feb 02, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Just did my taxes.
Replies: 38
Views: 2627

Re: Just did my taxes.

And I can say, the new law was not kind to me. Would you expand on that? What part got you? Living in Maryland. With state tax deduction capped, I can' itemize. Are you DINKs (at least for tax purposes) who did not pay AMT in the past? I expected those to be the hardest hit. You may want to conside...
by stan1
Sat Feb 02, 2019 1:13 pm
Forum: Personal Investments
Topic: Seeking Guidance As I Turn 30
Replies: 15
Views: 1337

Re: Seeking Guidance As I Turn 30

I would prefer 90/10. I can't even figure out what my 401K is invested in so I'll need to do more research on that, but as for my Vanguard accounts, my balance is $53,593 - $47,948 in my Roth and $5,644 in my Taxable. Since I want bonds in my Roth, and I want 70/30 mix of domestic and international...
by stan1
Sat Feb 02, 2019 10:23 am
Forum: Personal Investments
Topic: Seeking Guidance As I Turn 30
Replies: 15
Views: 1337

Re: Seeking Guidance As I Turn 30

Simplicity has advantages but you do not want to use the Target Retirement fund in taxable. I would not put more money in it and I'd sell it if there is a loss or as soon as you'd have a long term gain. The bond holdings in it are taxed as ordinary income and are not tax efficient at your tax rate. ...
by stan1
Sat Feb 02, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Should I purchase MacBook Pro or MacBook Air?
Replies: 23
Views: 1458

Re: Should I purchase MacBook Pro or MacBook Air?

I have a 2018 Macbook Air with 8GB RAM and 256 GB SSD. I use it for web browsing and I want something lightweight for travel, but if I was doing high end graphics or video processing I'd pretty quickly want a Pro with a faster CPU, GPU, 16GB RAM, and at least 512GB SSD. You can add external storage ...
by stan1
Fri Feb 01, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: TSP Thrift Savings Plan expense ratio climbs to 0.04%
Replies: 26
Views: 2642

Re: TSP Thrift Savings Plan expense ratio climbs to 0.04%

They have had to spend a lot more money educating young military members about the new blended retirement system and scaling up to support a lot more participants. Also for the last decade there's been what seems like a never ending sequence of expensive must-do IT investments that you can read abou...
by stan1
Fri Feb 01, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: Need Objective Mattresses Ratings and Reviews
Replies: 41
Views: 1891

Re: Need Objective Mattresses Ratings and Reviews

As others have said there is no right solution for every person and body type. Someone who weighs 300 pounds needs a different mattress than someone who weights 110 pounds. Buy something with a good return policy (at least 30 days for any reason) and sleep on it in your home. Costco might be one cho...
by stan1
Thu Jan 31, 2019 9:07 pm
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 151
Views: 9507

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

Other ideas: If you didn't drive home and take a 90 minute lunch could you take a shorter lunch and come home an hour earlier? Can you telecommute one or two days per week? My spouse did the same daily grind for about 4 years by his own choosing (the dog would have been fine left alone for 9 hours)....
by stan1
Thu Jan 31, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 8915

Re: Marriage "Benefits"

The list is very long. Some are important now, some may not seem important now but could be very important later. - Spousal health insurance - Spousal social security and maybe pension benefits - Married filing Joint on federal taxes - Tax free transfers of assets between spouses (real estate, busin...
by stan1
Thu Jan 31, 2019 8:30 am
Forum: Personal Investments
Topic: Marcus savings account best for parking cash <1year?
Replies: 15
Views: 1047

Re: Marcus savings account best for parking cash <1year?

I would probably use Prime Money Market Fund (or maybe Treasury Money Market Fund if I had a high state tax rate).
by stan1
Thu Jan 31, 2019 8:17 am
Forum: Personal Investments
Topic: When Did You Move Your Goalposts?
Replies: 33
Views: 2834

Re: When Did You Move Your Goalposts?

Goalsetting and benchmarking has never helped me or made me feel good about investing. We've never had a goal to be a millionaire. We've never had an expensive dinner or trip or car because we reached a number. I may be a little jaded about metrics because I've seen a lot of them in my professional ...
by stan1
Wed Jan 30, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: Restaurant Ordering Tips - Low Salt Diet
Replies: 12
Views: 936

Re: Restaurant Ordering Tips - Low Salt Diet

I'll admit we eat differently when we travel on vacations than we do at home. We do enjoy restaurants in the places we visit and that's part of the experience of travel for us. One way we try to compensate is by doing a lot of walking every day while we are on vacation. Etiquette varies but another ...
by stan1
Wed Jan 30, 2019 8:45 am
Forum: Personal Investments
Topic: Where to Invest Large Sum of Cash Set Aside for Home Construction
Replies: 4
Views: 387

Re: Where to Invest Large Sum of Cash Set Aside for Home Construction

18 months is not long. Are you self financing the construction or is the builder doing it? Assuming you would need cash over time not all at the end I would put it in National Muni Money Market Fund (no federal tax) and do regular ACH transfers back to your FDIC insured checking account to keep its ...
by stan1
Tue Jan 29, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: TSP pay period 25
Replies: 15
Views: 1226

Re: TSP pay period 25

And it varies by payment center. NFC had 27 pay periods in 2018 but DFAS had the regular 26. DFAS had 27 periods about 3 or 4 years ago. I am paid by DFAS and there was a lot of communication on the 27 pay period year through human resources as well as prominent notices on the DFAS website all year.
by stan1
Mon Jan 28, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Treasury Money Market Fund - Taxes
Replies: 3
Views: 426

Re: Treasury Money Market Fund - Taxes

The ticker you typed in doesn't exist, but maybe you meant FZFXX? This may be why: FZFXX = Fidelity Treasury Money Market had 53.65% government obligation interest in 2017 so you would need to adjust. The fund holds a lot of repurchase agreements which are not government obligation interest. FDLXX =...
by stan1
Sun Jan 27, 2019 8:03 pm
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13307

Re: High Earners Mostly Use Taxable Accounts?

Taxable accounts are fine. You can keep them at whatever brokerage you want (not tied to the whims of your employer). Qualified dividends and long term realized gains are taxed at preferential rates. Broad market index ETFs generally do not pay capital gains distributions. Your heirs get stepped up ...
by stan1
Sun Jan 27, 2019 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7052

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

I don't think this can be generalized that way so you need to look at your situation. What you no longer need to pay for in retirement is withholding: FICA, Medicare, etc. You also don't make contributions to a 401K. You don't need to save in a taxable account. Your marginal federal and state tax ra...
by stan1
Sun Jan 27, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14886

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

After a few pay periods for the new withholding rates to settle in around Spring 2018 I realized much less was being withheld, and reduced the number of federal withholding exemptions on my salaried income. Some people are going to be surprised their refund is smaller than they've had in the past. I...
by stan1
Sun Jan 27, 2019 2:28 pm
Forum: Personal Investments
Topic: Want the simplest and clearest online platform
Replies: 25
Views: 1941

Re: Want the simplest and clearest online platform

Agree with trying Personal Capital to see if that gives you what you want since you like Mint.

Fidelity has a much better cash management account than Vanguard if that's important (it is to many people who consolidate accounts at Fidelity).
by stan1
Sun Jan 27, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 62
Views: 5325

Re: Can I retire?

Compare your situation to the average American family.You have about 1 million in savings and will have 110,000 in pensions with cola and full health care benefits.Of course you can retire.If you are not in a position to retire with the stats you presentedthen God help us all. The only caveat of co...
by stan1
Sat Jan 26, 2019 11:28 pm
Forum: Personal Investments
Topic: Is VG PRIMECAP a good candidate for a taxable account?
Replies: 6
Views: 683

Re: Is VG PRIMECAP a good candidate for a taxable account?

It's not the dividend yield its the capital gains distributions year after year. Look at the history of capital gains distributions. If you must buy an actively managed fund PRIMECAP, at least in the past, has been one of the best in part due to low expenses. It should only be held in tax deferred a...
by stan1
Sat Jan 26, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 4557

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

I have Win 10 with an SSD. I just let it go into sleep mode after about 10 mins of non-use. Startup is very fast when awaking from sleep mode. Longest part of the startup process is typing in my password.
by stan1
Sat Jan 26, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Maximum Travel Distance for Elementary, Middle and High School
Replies: 24
Views: 1477

Re: Maximum Travel Distance for Elementary, Middle and High School

Since you applied this seems important for this child and younger siblings. Why not move closer since it is a K-12 school? You can value your time at zero, or you can decide time is priceless.
by stan1
Sat Jan 26, 2019 4:26 pm
Forum: Personal Investments
Topic: Best brokerage to start a three fund portfolio
Replies: 13
Views: 818

Re: Best brokerage to start a three fund portfolio

If I was starting a taxable account today I would use only ETFs because they are most portable if you decide to move to another brokerage. There could be many reasons why I might want to use a different brokerage over decades of my life. If you want a cash management account and credit card all in ...