Search found 1608 matches

by CFM300
Fri Nov 08, 2019 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

it is browsing local boards to see businesses posting and posting back to them asking if they need my service Work. Or listening to a podcast about trying to get clients Work. or listening to training podcasts Work. or browing forums to see how other peoplel are doing wiht their similar businesses,...
by CFM300
Thu Nov 07, 2019 9:50 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

"the entire period being referenced is not used to arrive at 3% or 4% withdrawal rates, only the very worst such periods" I'm not even sure of what that means, since the study conclusion is that 4% was sustainable in 95% (? iirc) of cases. If they used the very worst period, either it fails, or it ...
by CFM300
Thu Nov 07, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

how would this work for example, if I have a small side hustle where I manage Facebook Advertisements, so I need to use my cell phone to call clients, but also use my phone to try to get clients as well. So if I make enough money this year, and purchase a new laptop or cell phone, how do I determin...
by CFM300
Thu Nov 07, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

how would this work for example, if I have a small side hustle where I manage Facebook Advertisements, so I need to use my cell phone to call clients, but also use my phone to try to get clients as well. So if I make enough money this year, and purchase a new laptop or cell phone, how do I determin...
by CFM300
Thu Nov 07, 2019 2:16 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

JoeRetire wrote:
Thu Nov 07, 2019 1:55 pm
I said that implying that the OP was safe by using a set of assumptions that may or may not apply was misleading at best.
Yeah, but nobody did that. At "worst" I was implying that the OP would very likely be safe, IF s/he followed the Firecalc assumptions.
by CFM300
Thu Nov 07, 2019 2:14 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

IF you do such-and-such, then such-and-such is the likely result. Stating a conditional is not the same as affirming the antecedent of the conditional. Got it. You'll never run out of money if you spend 10% per year of your remaining balance. You can spend 8% of your assets per year, assuming you g...
by CFM300
Thu Nov 07, 2019 1:39 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

Firecalc.com shows zero failures for 3% inflation-adjusted withdrawals over 30, 40, and 50 years, using the default settings/assumptions. So you are assuming facts not in evidence. Nope. I made no assumptions. Fair enough. By that logic, I suppose you could have stated that Firecalc shows 100% fail...
by CFM300
Thu Nov 07, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

Low-end Chase business checking account is just $12/month if you sign up for paperless statements. So $144/year. If you maintain a balance of just $1,500 in the account, the monthly fee is waived.
by CFM300
Thu Nov 07, 2019 1:02 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

Firecalc.com shows zero failures for 3% inflation-adjusted withdrawals over 30, 40, and 50 years, using the default settings/assumptions. So you are assuming facts not in evidence. Nope. I made no assumptions. The OP hasn't yet stated how the assets are invested. Correct. Which is why I was sure to...
by CFM300
Wed Nov 06, 2019 12:58 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 290
Views: 19341

Re: Will we be OK at 3% WR?

Firecalc.com shows zero failures for 3% inflation-adjusted withdrawals over 30, 40, and 50 years, using the default settings/assumptions.

Will you also have Social Security benefits?
by CFM300
Tue Oct 29, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4128

Re: California Fires: Landlord/Tenant Question

If I were the landlord, I would offer a discount on rent. No, it's not the landlord's fault. But it's not the tenant's fault either. The landlord is lucky that the house is currently rented.
by CFM300
Mon Oct 28, 2019 10:24 pm
Forum: Personal Consumer Issues
Topic: Please advise re wiping laptop SSD before gifting
Replies: 25
Views: 2219

Re: Please advise re wiping laptop SSD before gifting

Was Bitlocker turned on from the start? If so, then all of your data is and has always been encrypted. In that case, there's no need to wipe the drive. Just reinstall Win 10.
by CFM300
Sun Oct 20, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Taking on a EU employment contract but keep LLC operating in the US?
Replies: 1
Views: 240

Re: Taking on a EU employment contract but keep LLC operating in the US?

Here's something to consider: "If you are a self-employed U.S. citizen or resident, the rules for paying self-employment tax are generally the same whether you are living in the United States or abroad. The self-employment tax is a social security and Medicare tax on net earnings from self-employmen...
by CFM300
Sat Oct 19, 2019 9:22 am
Forum: Personal Investments
Topic: Worth the hassle to open an HSA in California?
Replies: 25
Views: 2498

Re: Worth the hassle to open an HSA in California?

You don't have to keep your money with the custodian your employer uses. Consider transferring it to Fidelity or Lively (or whoever you prefer). This. Set up an HSA at Fidelity, which has no fees. Once a year, transfer money from Optum to Fidelity. You can use FDLXX (FIDELITY TREASURY ONLY MONEY MA...
by CFM300
Fri Oct 18, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 9791

Re: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"

This is not fundamentally any different than the tax gain harvesting and tax loss harvesting any taxpayer can do. You might be right. I don't know enough to agree or disagree. However, Call them loopholes if you wish, but I call them legal provisions of the tax code that congress could close anytim...
by CFM300
Thu Oct 17, 2019 10:52 am
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 9791

Re: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"

Hmm. Not sure how I feel about this. Minimizing taxes by minimizing churn is one thing. Minimizing taxes by engaging in heartbeats trades to exploit a loophole is another. [Edited to add: When I made the comments above, I was responding to Taylor's post directly above mine, which at the time, was th...
by CFM300
Tue Oct 15, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Inappropriate touching in a workplace- What is the best act?
Replies: 28
Views: 2256

Re: Inappropriate touching in a workplace- What is the best act?

Questions: - Is the police a good idea at this phase? - Should she contact a lawyer instead? - What she should be asking for/expecting during the interview with the state employee, so she doesn't lose her rights and in the same time to make sure that this will never happen again in the future? I th...
by CFM300
Tue Oct 15, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Collecting Payments through ACH from Customers.
Replies: 8
Views: 752

Re: Collecting Payments through ACH from Customers.

Wondering if folks over here have any recommendations for better, cheaper ways to get payments. I have a small business and receive payments from companies all over the world, including from many different states in the U.S. I just give them my business bank account details on the invoice, and let ...
by CFM300
Sat Oct 12, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Cobra Health Insurance for International Student
Replies: 7
Views: 371

Re: Cobra Health Insurance for International Student

"Lawfully present immigrants are eligible for coverage through the Health Insurance Marketplace."

"The term 'lawfully present' includes immigrants who have... Valid non-immigrant visas"

Doesn't he have a valid non-immigrant visa?

https://www.healthcare.gov/immigrants/l ... mmigrants/
by CFM300
Sat Oct 12, 2019 1:11 am
Forum: Personal Consumer Issues
Topic: lastpass noob question
Replies: 40
Views: 3188

Re: lastpass noob question

Helo80 wrote:
Fri Oct 11, 2019 8:45 pm
Password managers do meet a clear need. The upside far outweighs the downside. The downside is huge as you get the master password, the kingdom falls.
Kingdom remains standing just fine if you also use 2FA on important accounts, including the password manager itself.
by CFM300
Thu Oct 10, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: lastpass noob question
Replies: 40
Views: 3188

Re: lastpass noob question

[edited - no longer relevant]
by CFM300
Wed Oct 09, 2019 10:15 pm
Forum: Personal Consumer Issues
Topic: lastpass noob question
Replies: 40
Views: 3188

Re: lastpass noob question

all they have to do is surf to whatever website, click log in, and lastpass will literally give them my login credentials. Still seems crazy to me. As explained above, you can configure LastPass to require your master password on first use after opening your browser, to also require 2FA, to automat...
by CFM300
Wed Oct 09, 2019 10:13 pm
Forum: Personal Consumer Issues
Topic: lastpass noob question
Replies: 40
Views: 3188

Re: lastpass noob question

A good password manager will make you authenticate using your master password before auto-filling website credentials the first time you try to auto-fill, and then again after a configurable amount of time (say15 minutes or so). This is the way 1Password works. I have tried LastPass recently and I ...
by CFM300
Wed Oct 09, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: Should I download Android 10?
Replies: 12
Views: 791

Re: Should I download Android 10?

Since they dropped the dessert name, I would boycott.
by CFM300
Wed Oct 09, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Office Startpage for Web Browser
Replies: 11
Views: 924

Re: Office Startpage for Web Browser

Two others to consider:

NPR News

Reuters
by CFM300
Wed Oct 09, 2019 5:22 pm
Forum: Personal Consumer Issues
Topic: Honda maintenance schedule?
Replies: 57
Views: 16745

Re: Honda maintenance schedule?

bdoon51 wrote:
Mon Oct 07, 2019 7:31 am
Where can I get a printable maintenance schedule for the 2015 6 cylinder?
Why not just Google "maintenance schedule for the 2015 6 cylinder Accord"?
by CFM300
Wed Oct 09, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: lastpass noob question
Replies: 40
Views: 3188

Re: lastpass noob question

What am I missing? Here's what you're missing: 1. Click on the LastPass extension icon in your browser. 2. Click on Account Options > Extension Preferences 3. Under Security enable "Log out when all browsers are closed" Then make sure that you close your browser after each use. There are myriad oth...
by CFM300
Sat Oct 05, 2019 9:12 pm
Forum: Personal Consumer Issues
Topic: 2 Factor Authorization failures
Replies: 22
Views: 2033

Re: 2 Factor Authorization failures

Pacific wrote:
Sat Oct 05, 2019 4:53 pm
My U.S. cell uses Google's Project Fi
Go here and set up your laptop to be able to send and receive text messages.
by CFM300
Thu Oct 03, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

For github example, does the hired help have to be full time employees of the company or contractors/consulting firm is fine. I am also a little concerned about people stealing the code base and creating a competing product. I'm not sure whether the post about Git was to open software to a public r...
by CFM300
Wed Oct 02, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

untamedkb wrote:
Wed Oct 02, 2019 3:06 pm
Could put the code on Github and hire some additional help for small tasks while you focus on the core code.
That's a really good idea. Thanks.
by CFM300
Tue Oct 01, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

This is basic company formation 101 stuff. OP & his wife don't own the assets directly in their name. The LLC does; for a variety of reasons this is a good thing. But for tax purposes, a single member LLC is a disregarded entity, right? In this case, for tax purposes, the wife owns the assets, righ...
by CFM300
Tue Oct 01, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

"Company is structured as single member LLC" "It is a single member LLC now." Suppose the single member in the LLC was the OP, who created the software alone. I'm not sure that the fact that he's an LLC means that the sale of the software will be treated as a capital asset. But again, I'm not an ex...
by CFM300
Tue Oct 01, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

4. It is a single member LLC now. How should I structure the business now to get it ready for sale later and to minimize the taxes at the time of selling. Any sale will be an asset sale. It'll be cap gains, which is a lot better than regular income. No real way to avoid that unless you previously s...
by CFM300
Tue Oct 01, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

Thanks a ton for this. This made some aspects very clear to me, especially, the asset sale part. I was under the assumption that the asset sale would push me to 35-39% tax bracket with personal tax returns. I will do some more research on S-Corp and C-Corp. Just a reminder that you should read the ...
by CFM300
Sun Sep 29, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4222

Re: Selling Business - How much to expect, what is the process

I'm not an expert at all, but here are some things I've recently learned... Multiple of current sales or net profit is just one way to value a business. Back up and think about why someone might want to buy your business. If it's another individual who's going to want to step into your shoes in orde...
by CFM300
Fri Sep 27, 2019 8:52 pm
Forum: Personal Investments
Topic: How to contribute to an HSA
Replies: 12
Views: 1139

Re: How to contribute to an HSA

...or if you gain employment and end up on a plan where your employer makes contributions.
by CFM300
Thu Sep 26, 2019 7:46 pm
Forum: Personal Investments
Topic: Mother laid off without retirement savings
Replies: 24
Views: 5693

Re: Mother laid off without retirement savings

File for unemployment benefits.
by CFM300
Thu Sep 26, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Best place to buy Microsoft Office 2019....
Replies: 102
Views: 9819

Re: Best place to buy Microsoft Office 2019....

To those suggesting that free alternatives are sufficient, many individuals and businesses need Office because of VBA scripting. Regarding Office 365 vs. Office 2019... Automatic *feature* updates from software subscription services often disrupt well-established and highly efficient workflows. They...
by CFM300
Thu Sep 26, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Protection From Catastrophic Medical Costs When Fully Insured
Replies: 109
Views: 4979

Re: Protection From Catastrophic Medical Costs When Fully Insured

But the days of “well the hospital is in network but the ED physicians aren’t” or “well, your surgeon is in network, but the substitute anesthesiologist isn’t” have to end. Fortunately, California significantly curtailed the magnitude of surprise billing a couple of years ago. "California’s surpris...
by CFM300
Thu Sep 26, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4126287/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2909717/ https://academic.oup.com/eurpub/article/27/1/152/2418042 https://diabetes.diabetesjournals.org/content/early/2018/10/03/db18-0667 https://bmjopen.bmj.com/content/8/8/e023406 https://bmcpublic...
by CFM300
Tue Sep 24, 2019 8:56 pm
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15358

Re: retiring abroad with savings worth 200k...

Starfish wrote:
Tue Sep 24, 2019 12:38 pm
My answer was Eastern Europe, Portugal, Greece, Spain, outside the main cities.
Yes, and thank you!

My response above was for Ram, who was suggesting Bangladesh.
by CFM300
Mon Sep 23, 2019 10:20 pm
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

Someone had asked about my sons BMI. It’s 24, putting him in the obese category. He is 60 inches and 124 pounds. 5 ft and 124 doesn't seem THAT bad, depending on his body type. In kids, obesity classifications vary by age. Go here and scroll down to see the graph: https://www.cdc.gov/healthyweight/...
by CFM300
Sun Sep 22, 2019 11:12 pm
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15358

Re: retiring abroad with savings worth 200k...

There are countries where 1000$ is nowhere close to poverty but provide frugal but decent living for a family of 2 and pretty good living for one person. You would live in a nice city with very low dangerous crime and go to the opera, theater and philharmonic and spend your evenings drinking beer w...
by CFM300
Fri Sep 20, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Outlook experts question
Replies: 13
Views: 1375

Re: Outlook experts question

I agree with bloom2708. I prefer to let everything land in my Inbox, so that I can process the emails myself. My Inboxes -- email and physical -- are just collection bins for unprocessed information. Once everything is processed (which is not to say that every task has been completed), I reach Inbox...
by CFM300
Wed Sep 18, 2019 2:30 am
Forum: Personal Consumer Issues
Topic: Cleaning up a Windows 10 PC [Removing unwanted features]
Replies: 13
Views: 1201

Re: Cleaning up a Windows 10 PC [Removing unwanted features]

dual wrote:
Wed Sep 18, 2019 1:40 am
I did NOT suggest not applying updates.... I just want to control when the updates occur.
Okay, but the article you linked (in your original post) is entitled, "How to Disable Windows 10 Update in Every Way."
by CFM300
Fri Sep 13, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Can Self-Employed people get a PPO Health Insurance Plan?
Replies: 27
Views: 1682

Re: Can Self-Employed people get a PPO Health Insurance Plan?

Why would you want to go out of state to see a doctor? If I'm sick, I want to see closest one I can. What if you get sick while traveling for business or vacation out of state? You go to the ER. Most HMO plans cover out of state ER visits, at least my ACA BCBS plan does. I only go to the ER for eme...
by CFM300
Fri Sep 13, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can Self-Employed people get a PPO Health Insurance Plan?
Replies: 27
Views: 1682

Re: Can Self-Employed people get a PPO Health Insurance Plan?

I just checked a random zip code in southern California (using the Covered California website) and there were multiple options for EPOs, HMOs, and PPOs.
by CFM300
Fri Sep 13, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can Self-Employed people get a PPO Health Insurance Plan?
Replies: 27
Views: 1682

Re: Can Self-Employed people get a PPO Health Insurance Plan?

atikovi wrote:
Fri Sep 13, 2019 3:13 pm
Why would you want to go out of state to see a doctor? If I'm sick, I want to see closest one I can.
What if you get sick while traveling for business or vacation out of state?
by CFM300
Fri Sep 06, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Starting A New Busines
Replies: 23
Views: 1934

Re: Starting A New Busines

There are lots of things you might want or need to do. A quick list off the top of my head: - Register a domain for your website and email - Set up a website - Set up a business email account - Get necessary city/county business permits - Choose a business name - Register with your state to DBA - Ha...
by CFM300
Fri Sep 06, 2019 1:14 pm
Forum: Personal Investments
Topic: Employer requesting refund of HSA funds
Replies: 40
Views: 3203

Re: Employer requesting refund of HSA funds

My plan is that we will give her $5,050, and I will take $1,950. Here is how that would look: Those two values are not consistent with the table you generated, your table shows "giving" her a contribution limit of $3466 while giving yourself $2951 (which is also what my calculation came up with). O...