Search found 1837 matches

by CFM300
Mon May 25, 2020 12:56 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

If you will definitely sell the other lot next year, then you should just do option A so that you pay LTCG on the entire 70k. Agreed. The problem is that I don't know whether I'll need to sell more lots next year. If you don't think you will need to sell both lots, then you could still try the aver...
by CFM300
Mon May 25, 2020 9:46 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 81
Views: 3766

Re: Tips to stick to a weight loss diet?

"Michael Pollan, in his New York Times article Unhappy Meals, exhorts us to “Eat food. Not too much. Mostly plants.” That’s seven words; I’ll reduce it to three: eat real food. The “not too much” will take care of itself." - Robert Lustig, MD
by CFM300
Mon May 25, 2020 12:54 am
Forum: Personal Investments
Topic: How do you retire early if your money is tied up in tax deferred?
Replies: 18
Views: 2230

Re: How do you retire early if your money is tied up in tax deferred?

justsomeguy2018 wrote:
Mon May 25, 2020 12:14 am
what if you have it mostly in t401k and not tIRA?
Roll the 401k into an IRA?
by CFM300
Mon May 25, 2020 12:50 am
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

if these are all the shares you hold and it's a mutual fund, you can check out this post for an option C https://www.bogleheads.org/forum/viewtopic.php?f=1&t=299033&p=4922607#p4922607 another idea is to find TLH of 20k somewhere Thanks for the clever suggestion, but these are not all of the shares ...
by CFM300
Mon May 25, 2020 12:45 am
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 26
Views: 1205

Re: Update current laptop or buy new one?

02nz wrote:
Sun May 24, 2020 11:34 pm
almost $600 for a 4-year-old laptop with a dual-core processor, low-resolution TN screen, and mechanical hard drive (and a tiny one at that) is extremely poor value
You're probably right, but the drive is an SSD.
by CFM300
Sun May 24, 2020 11:26 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

retired@50 wrote:
Fri May 22, 2020 5:40 pm
Couldn't you sell a mixture of shares that includes short and long term gains? This way, if you need more money next year, you'll retain some options.
I think this is what I'll end up doing, since I'm still not certain which option is best, and taking the middle road will minimize future regret.
by CFM300
Sun May 24, 2020 11:22 pm
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 26
Views: 1205

Re: Update current laptop or buy new one?

I'd put the money towards a new laptop. Well, not necessary brand new. You can get a refurbished Dell. Dell Latitude 14 5000 Series (E5470) $579 Processor: Intel Core i5 (i5-6300U) 2.40 GHz Memory: 8 GB Hard Drive: 250 GB Display: 14" HD (1366 x 768) OS: Windows 10 Professional https://www.dellrefur...
by CFM300
Sun May 24, 2020 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 38
Views: 3616

Re: Customer hasn't paid me not worth cost of lawyer but...

I have this happen occasionally. My strategy is to try to stay on their good side, be patient, but persistent. I've never threaten legal action, and I've never seen that method work for others. Once paid, I never do work for them again, even if they offer to pay up front.

Good luck!
by CFM300
Sat May 23, 2020 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: I wrote an app, now should i form a business?
Replies: 21
Views: 2087

Re: I wrote an app, now should i form a business?

Are there low cost options for individuals in my situation? I'm not a lawyer, and you should investigate the laws yourself enough to make your own determination as to whether they apply, but based on some things you've said, I don't think that you need to worry about the GDPR or California's laws. ...
by CFM300
Sat May 23, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: I wrote an app, now should i form a business?
Replies: 21
Views: 2087

Re: I wrote an app, now should i form a business?

Those privacy laws are a lot to digest. I would recommend that you fully understand which laws apply to you and what your obligations are under those laws. In addition, I would recommend that you secure a cyber insurance policy. You can find policies that will cover you for data breaches, client lo...
by CFM300
Sat May 23, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 60
Views: 5410

Re: Hertz is declaring bankruptcy

jhfenton wrote:
Sat May 23, 2020 9:56 am
Do folks routinely prepay for car rentals?
I prepay if it results in a better price. I once prepaid for a small SUV on Hotwire because it was available for $1.18 per day. I have no idea what caused that pricing anomaly, but I kept the vehicle for an entire summer at that rate.
by CFM300
Fri May 22, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: I wrote an app, now should i form a business?
Replies: 21
Views: 2087

Re: I wrote an app, now should i form a business?

I am collecting data from users, that's what has me concerned. I am using Google Cloud Firestore to save user data. Users can (at their choice) upload location data (Google Maps API) and pictures from their camera. The pictures are stored in Google Firebase Storage. Also, they log in with username ...
by CFM300
Fri May 22, 2020 5:36 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

@terran, You're helping me realize that this is more complicated than I originally thought. If I'll need to sell $100,000 worth of equities next year as well, then I'll be better off selling the long-term shares now and waiting until the short-term shares become long-term. I'll need to think about t...
by CFM300
Fri May 22, 2020 2:41 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

terran wrote:
Fri May 22, 2020 2:31 pm
What your analysis is missing is what happens in the future?
Good point and good analysis. Thank you.

If tax rates stay the same, then I'll likely have lower taxes. I'll have less income and might have moved to a state with lower taxes on capital gains as well.
by CFM300
Fri May 22, 2020 2:37 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Re: Tax-wise, might short-term gains be better than long-term? (in this case)

you are selling different amounts, If you sold same amount in short term, will be paying more in taxes as well. I'm selling $100,000 worth of shares in both cases. In Option A I'm selling $100,000 with a cost basis of $50,000 and a long-term gain of $50,000. In Option B I'm selling $100,000 with a ...
by CFM300
Fri May 22, 2020 1:48 pm
Forum: Personal Investments
Topic: Annuity?
Replies: 38
Views: 2430

Re: Annuity?

KSActuary wrote:
Fri May 22, 2020 1:26 pm
I can't see a way that stable value funds don't take a hair cut.
What exactly do you mean by hair cut, and does your prediction apply to TIAA Traditional as well? Just curious.
by CFM300
Fri May 22, 2020 1:13 pm
Forum: Personal Investments
Topic: Tax-wise, might short-term gains be better than long-term? (in this case)
Replies: 15
Views: 828

Tax-wise, might short-term gains be better than long-term? (in this case)

Suppose that I need to sell $100,000 worth of shares in a stock fund in a taxable account. • 22% federal marginal tax rate • 15% federal long-term capital gains rate • 9.3% California marginal tax rate (no LTCG rate) Option A Sell old lots with long-term gains and basis of $50,000. Tax = $50,000 (lo...
by CFM300
Fri May 22, 2020 12:26 am
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2121

Re: Email for young teen with ability to auto delete nasty spam

Gmail is zero privacy and it spies on you. It is free, but free cheese is only in mouse trap. Use paid email services that are quite cheap but great in stopping spam: Protonmail, Mailfence or Fastmail. The cost is very small. I get more spam in my Fastmail account than Gmail. Both are paid versions.
by CFM300
Thu May 21, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2121

Re: Email for young teen with ability to auto delete nasty spam

I never get sexually explicit spam in my Gmail. Get your kid a new e-mail account. If you are back to the same place in 6 months, your teen is probably sharing their email with some questionable sites, no matter what they tell mom and dad. Terrible inference. Maybe someone in her social circle is g...
by CFM300
Tue May 19, 2020 6:05 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 550
Views: 144243

Re: Pull-ups and Push-ups

looking for advice on how to continue lifting at home sans one arm I have no idea what your prior training background is, but I gotta think the answer in terms of tools is going to be dumbbells. I'd get two. One should be heavy, like a weight with which you can only get 5 or so strict one-arm overh...
by CFM300
Tue May 19, 2020 11:56 am
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 550
Views: 144243

Re: Pull-ups and Push-ups

Interestingly enough, I trained at Gym Jones, the facility in Murray, Utah where the likes of Mark Twight and Dan John trained the guys from 300. They were very lean, but they were not huge guys. It was not a bunch of 200lbs+ bodybuilders, it was a bunch of actors who lost a ton of weight. It is am...
by CFM300
Mon May 18, 2020 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to write a privacy policy
Replies: 5
Views: 381

Re: How to write a privacy policy

Any advice from others who have done this? Looking at the privacy policy of similar apps from well-respected companies would be a good place to start. Will your app collect any personal data? Depending on where you are and where you market your app, you might need to think about the GDPR, CCPA, NYP...
by CFM300
Sat May 16, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Re: Form 5500-EZ Privacy Questions

Presumably, they will not be on the website but could still be inspected by going to the appropriate office. Right. And then I wonder what someone would need in order to find and inspect my particular 5500. My EIN? My plan name? Could they ask to see any 5500 with my individual name listed anywhere...
by CFM300
Sat May 16, 2020 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Re: Form 5500-EZ Privacy Questions

At this point I don't think you need to take steps to disguise the plan to keep people from seeing it, assuming it's a one-participant plan. I don't see that doing what you want to do creates any complications nor hassles for you, so I don't see why you wouldn't do it anyways. Should I even care if...
by CFM300
Sat May 16, 2020 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Re: Form 5500-EZ Privacy Questions

I will say that I doubt that having a second EIN (first for your business, second for the plan) would make any difference in terms of privacy. I was thinking that using a second EIN would at least prevent clients from using my first EIN (which they have) to search for my 5500 information, online or...
by CFM300
Sat May 16, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Re: Form 5500-EZ Privacy Questions

The announcment says the online filing of form 5500-EZ is for plan years after 2019. I understand, but how is that relevant to my questions about privacy? Do you think in 2020 the form itself and instructions will no longer say that the information on the form is required to be made available to th...
by CFM300
Sat May 16, 2020 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Re: Form 5500-EZ Privacy Questions

Why are you not filing 5500-SF instead? Did you read the IRS link above? It states, "Form 5500-SF is no longer used by a one-participant plan in place of Form 5500-EZ." Have you ever tried to search for your 5500 info yourself online? Were you successful? I've never filed a 5500, in any form. Have ...
by CFM300
Sat May 16, 2020 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Form 5500-EZ Privacy Questions
Replies: 11
Views: 486

Form 5500-EZ Privacy Questions

The IRS has announced that Form 5500-EZ can now be filed online and that information from one-participant plans filed online will not be available to the public on the DOL website. Nonetheless, the 2019 Form 5500-EZ instructions state, "Information filed on Form 5500-EZ and Form 5500-SF is required ...
by CFM300
Thu May 14, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?
Replies: 61
Views: 3700

Re: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?

I've posted this before, but... In a 2018 interview, Bogle talked about the portfolio he created for a scholarship fund he established at his prep school, "on the assumption that nobody will touch it for a long time." The allocation: 45% VG Wellington 45% VG Balanced 05% Emerging Markets 05% Gold Th...
by CFM300
Wed May 13, 2020 7:59 pm
Forum: Personal Investments
Topic: Did I Make A Mistake? Tax Loss Harvesting
Replies: 14
Views: 996

Re: Did I Make A Mistake? Tax Loss Harvesting

Lowlim wrote:
Wed May 13, 2020 6:42 pm
Vanguard Total Stock Market Index Fund (VTSAX)...
Vanguard 500 Index Fund (VFIAX)...
Vanguard Large-Cap Index Fund (VLCAX)...
Vanguard Tax-Managed Capital Appreciation Fund (VTCLX)...
Now the market is up, so I'm "stuck" with this fund.
You're fine. Portfolio Visualizer comparison.
by CFM300
Sun May 10, 2020 9:04 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 550
Views: 144243

Re: Pull-ups and Push-ups

LeftCoastIV wrote:
Sun May 10, 2020 7:12 pm
I did not know kipping existed. Still not sure what purpose it serves after reading about it a bit.
This explains it: http://library.crossfit.com/free/pdf/32 ... Pullup.pdf
by CFM300
Sun May 10, 2020 10:27 am
Forum: Personal Investments
Topic: Goal Reached - Now What?
Replies: 30
Views: 3345

Re: Goal Reached - Now What?

My concern is my risk profile. I have a huge hoard of cash between the bucket and other savings. I’m worried that my portfolio may be too conservative if I wind up not retiring right away; that I’m not putting enough money to work. I have a similar problem in that I want to set aside several hundre...
by CFM300
Sun May 10, 2020 10:19 am
Forum: Personal Investments
Topic: Goal Reached - Now What?
Replies: 30
Views: 3345

Re: Goal Reached - Now What?

I'm very interested in this Liability Matching Portfolio - thought I was up on all aspects of financial management but this is a new concept. Are there any 101 websites that I can learn more? Two main approaches to planning for retirement income: 1. Probabilistic Safe Withdrawal Rate Allocations ar...
by CFM300
Sun May 10, 2020 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17337

Re: Quitting a job after two weeks: relocation expenses

How do I get out of this without having to pay a massive amount? You negotiate down the amount you have to repay as best you can. I am already dreaming of a long 3-months vacation relaxing with my partner to clear my mind, and then find another job in tech. Taking three months off will just add to ...
by CFM300
Wed May 06, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 550
Views: 144243

Re: Need to be able to do 30 chin-ups

1. Lose as much weight as possible.
2. Begin taking creatine to increase your body's ability to generate ATP.
by CFM300
Wed May 06, 2020 1:01 am
Forum: Personal Consumer Issues
Topic: can't log on [to Vanguard website]
Replies: 55
Views: 1881

Re: can't log on [to Vanguard website]

Unable to log in. 11pm PST.
by CFM300
Sun May 03, 2020 12:05 pm
Forum: Personal Investments
Topic: Early 30s DINKs in VHCOL area thinking about next steps
Replies: 16
Views: 2764

Re: Early 30s DINKs in VHCOL area thinking about next steps

I slept quite fine over the last 2 months, primarily because I have time until I need the down payment, and it's very much open-ended. And you're younger and further from retirement. :D Next question is what cash-like option to move to -- the Marcus/Ally no-penalty CDs seem to be most compelling at...
by CFM300
Sat May 02, 2020 8:55 pm
Forum: Personal Investments
Topic: Early 30s DINKs in VHCOL area thinking about next steps
Replies: 16
Views: 2764

Re: Early 30s DINKs in VHCOL area thinking about next steps

I'm also struggling with whether I should think of my entire portfolio as 70/30, or down payment and 70/30 on anything in excess of that. My gut is the former, as my time horizon on the excess (and need/willingness to take risk) is longer. Thoughts? Imagine the market drops 50%. Will you regret not...
by CFM300
Sat May 02, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45244

Re: Bill Sharpe's preferred portfolio

I just wanted to thank those who continue to update this thread. Very interesting and useful. :beer
by CFM300
Fri May 01, 2020 4:26 pm
Forum: Investing - Theory, News & General
Topic: ??? Thomas Stanley - Stop Acting Rich book
Replies: 121
Views: 13268

Re: ??? Thomas Stanley - Stop Acting Rich book

... Now, while it's true it takes fewer high-income farmers than high-income physicians to produce 100 millionaires, the chance of becoming a millionaire is still much higher among physicians. Yes, but the farmers are much better at it individually. This isn’t a study on which profession creates th...
by CFM300
Thu Apr 30, 2020 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a small business for health insurance
Replies: 5
Views: 548

Re: Starting a small business for health insurance

BSA44 wrote:
Thu Apr 30, 2020 3:52 pm
the states we are looking at retiring in generally have awful affordable care act options (no PPO's available).
You don't have to use the ACA marketplace if you don't want or don't qualify for subsidies. Are there no PPO insurance plans available outside of the ACA marketplace?
by CFM300
Thu Apr 30, 2020 1:14 am
Forum: Personal Investments
Topic: does selling older share constituie wash sale?
Replies: 3
Views: 318

Re: does selling older share constituie wash sale?

Your interpretation (1) is correct. (2) is incorrect. Also... Does IRS see lot B as replacement shares of lot A? Shares in Lot B could have been replacement shares for shares in Lot A, but only if you had sold the shares in Lot A within 30 days of purchasing the shares in Lot B. But you didn't, so t...
by CFM300
Wed Apr 29, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Drivers license Cancelled
Replies: 48
Views: 5442

Re: Drivers license Cancelled

Problem is how do he travel to IL without DL (can't fly, his passport is in IL) and will IL DMV issue him a new license with cancelled FL license? 1. Does the TSA actually check that a license is currently valid? My guess is that if the license has not expired according to the date listed on the fr...
by CFM300
Wed Apr 29, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Drivers license Cancelled
Replies: 48
Views: 5442

Re: Drivers license Cancelled

I'm surprised his insurance company allowed him to change to IL prior to his registering his car there and obtaining an IL license. Sounds like Florida canceled his license because he no longer has Florida insurance, which makes sense if FL insurance is a requirement for a FL license. Not sure what ...
by CFM300
Wed Apr 29, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC income (sole proprietorship) / self-employment taxes / social security statement
Replies: 7
Views: 360

Re: 1099-MISC income (sole proprietorship) / self-employment taxes / social security statement

terran wrote:
Wed Apr 29, 2020 9:32 am
they actually redo the 92.35% calculation and round down, so it may be $1 less than line 4.
I recall seeing that as well. I think they just truncate the pennies, rather than round.
by CFM300
Wed Apr 29, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC income (sole proprietorship) / self-employment taxes / social security statement
Replies: 7
Views: 360

Re: 1099-MISC income (sole proprietorship) / self-employment taxes / social security statement

Note also that the amount of income you'll be credited for on your SS earnings statement will be from line 4 of Schedule SE, which is just 92.35% of net SE income.
by CFM300
Tue Apr 28, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: Which Bonds when the S&P 500 Tanks
Replies: 82
Views: 6183

Re: Which Bonds when the S&P 500 Tanks

Thanks Kevin and Doc.
by CFM300
Tue Apr 28, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: Which Bonds when the S&P 500 Tanks
Replies: 82
Views: 6183

Re: Which Bonds when the S&P 500 Tanks

Let's zoom into the period from 3/9 to 3/18, which is from the peak to trough for V LG SX (VG LTT). ... How about for fun we zero in on the period since the stock-market bottom That for all that. It was indeed fun. I'm curious though: what's your main takeaway from all that analysis and reflection?
by CFM300
Tue Apr 28, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: SS as part of Asset Allocation?
Replies: 41
Views: 2017

Re: SS as part of Asset Allocation?

If it was that difficult to transfer to other options, I would consider it more like a pension or SS, as an income stream on retirement. And invest the rest as appropriate for the rest of my income needs. If the pension, SS, and TIAA Traditional would meet all my income needs, then being 100% stock...
by CFM300
Tue Apr 28, 2020 3:58 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19825

Re: Why am I even saving for retirement?

If you were born in 1988 and you stopped working today, based on the numbers you provided, at full retirement age, you, as an individual, would receive $1,538/month. If you delayed taking benefits until age 70, the calculator is giving me a benefit amount of $1,907/month. At least that's what I get...