Search found 532 matches

by dual
Tue Dec 11, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRS on making QCD by check from IRA
Replies: 14
Views: 860

Re: IRS on making QCD by check from IRA

Vanguard has a very easy to use online feature that enables you to complete a QCD transaction(s). Check is made out to charity and sent to IRA owner for transmittal to charity. Easy Peezy YMMV. I prefer to have more direct control of the process and not to depend on the administrator to get the che...
by dual
Tue Dec 11, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: IRS on making QCD by check from IRA
Replies: 14
Views: 860

IRS on making QCD by check from IRA

I will be doing qualified charitable distributions by writing a check from my IRA and mailing them to the charity (after I find out from the charity to whom to write the check and verifying that they will send me a letter acknowledging my donation is deductible). This seems much simpler than the alt...
by dual
Sat Nov 03, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Buying a mini-van
Replies: 25
Views: 1839

Re: Buying a mini-van

I have owned minivans for many years and I think they're great general purpose vehicles, much more useful than SUVs. You can drive them anywhere you can drive a car. You can use them to haul a lot of passengers or carry a lot of stuff. Just remove or put down the seats and you have a huge cargo spac...
by dual
Wed Oct 24, 2018 1:15 am
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8167

Re: Black Friday is coming.. what's on your list?

Sigh, I was remembering the AMEX credit card small business Saturday promotions from years past. We would run all over town buying stuff for just over the rebate limit. I have about 5 AMEX cards and we would get the max number of purchases for each. One of my favorites was hitting the Middle Eastern...
by dual
Fri Oct 19, 2018 1:44 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229476

targeted Chase Private Client $1250 bonus

I just got a letter offering a $1250 bonus for doing the following Meet with a private client banker at your nearest branch with this letter to upgrade your account to chase private client Within 45 calendar days deposit a total of $250,000 or more in new money to a combination of eligible checking ...
by dual
Tue Oct 16, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2994

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

Expected return is zero. Math please. I started some research but too lazy to go further but it is interesting. See https://www.usamega.com/powerball-jackpot.asp The $345 million quoted is for a 30 year annuity with "annually-increasing rate schedule." The cash payout is much less, $199 million. By...
by dual
Sun Oct 14, 2018 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Bank lost beneficiary paperwork, says must go through probate
Replies: 18
Views: 2579

Re: Bank lost beneficiary paperwork, says must go through probate

Similar problem occurred in my family. A relative thought his TSP account named a beneficiary. TSP said did not have a record of it. Resulted in several $100K of taxable income for his heir. TSP is a tax differed savings plan so heirs always will pay tax on the drawn out income. Do you mean the rel...
by dual
Sat Oct 13, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Bank lost beneficiary paperwork, says must go through probate
Replies: 18
Views: 2579

Re: Bank lost beneficiary paperwork, says must go through probate

Similar problem occurred in my family. A relative thought his TSP account named a beneficiary. TSP said did not have a record of it. Resulted in several $100K of taxable income for his heir. I am now adding to my end of year activities to verify that my beneficiary designations for all accounts are ...
by dual
Thu Oct 11, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8167

Re: Black Friday is coming.. what's on your list?

A Windows laptop. The current Windows 7 failed to boot up 1 out of every 4 times. Usage: 1. Log into financial institutes ONLY, no browsing. 2. MS Word. 3. MS Excel. 4. Viewing photos, no editing planned. Hoping fellow BHs will come through with some on-sale heads-up. Check out the small form facto...
by dual
Tue Oct 09, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 15096

Re: Should we stay in Crazytown because there's no where to run?

BTW: Where is crazytown? Are you talking about the bar on Broadway in Nashville? How about a place where Tesla has a market cap of over $52 billion while GM is about $48 billion, Ford is about $40 billion and Fiat-Chrysler $28 billion? I own all those tickers via an index. I've never had a problem ...
by dual
Sun Oct 07, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Faucet filter to remove Chloramine?
Replies: 22
Views: 1423

Re: Faucet filter to remove Chloramine?

Chloramine is notoriously hard to filter so when my city started using it I switched to bottled water and have never looked back. I use it for drinking water and for cooking and it works out to about a gallon a day per person. Sort of a PITA but doable.
by dual
Tue Oct 02, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 15096

Re: Should we stay in Crazytown because there's no where to run?

CaliJim wrote:
Tue Oct 02, 2018 10:16 am
BTW: Where is crazytown? Are you talking about the bar on Broadway in Nashville?
How about a place where Tesla has a market cap of over $52 billion while GM is about $48 billion, Ford is about $40 billion and Fiat-Chrysler $28 billion?
by dual
Mon Oct 01, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: New Apartment, city noise
Replies: 43
Views: 3372

Re: New Apartment, city noise

I am also sensitive to noise and that is a problem in apartments or houses depending on the neighborhood. I have never gotten used to it. I just arrange my lifestyle to minimize noise. I live in a house in quiet neighborhood. Since this is an apartment, you may have to wait it out until your lease i...
by dual
Fri Sep 21, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6746

Re: My Very First Smartphone — Please Critique This Plan

► Purchase a new unlocked Samsung S9+ phone with 128 GB memory from a big box store for <$800. ► Use a no-contract Consumer Cellular plan with 1GB data/mo. for $25/mo., with the option to bump up the data limit if I find myself needing more. Do you see anything wrong with this plan? Are there any b...
by dual
Fri Sep 21, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 64
Views: 7077

Re: Don't trust Tripadvisor reviews

I usually read the low rated reviews for reasons. If they are subjective like rude staff or ugly drapes I dismiss them. I am looking for physical verifiable reasons: a multi-story place with no elevators or a major train line running a block from the place. You can also use google maps street view t...
by dual
Thu Sep 13, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 55
Views: 6186

Re: Ray Dalio’s latest fearmongering round

How would this be actionable for the individual? If depreciating currency then PM or TIPS? Curious questions. :sharebeer How about the "Permanent Portfolio?" See the eponymous book by Craig Rowland https://www.amazon.com/Permanent-Portfolio-Long-Term-Investment-Strategy-ebook/dp/B0097VBOHG/ref=sr_1...
by dual
Wed Sep 12, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Avoiding creeping complexity
Replies: 14
Views: 1505

Re: Avoiding creeping complexity

There are many reasons to believe that simplicity is an investor's friend, ..... In order to simplify, I took some long-term capital gains and put my ducks back in a row with a three-fund portfolio set-up, and this time I'm really serious about keeping things simple, not just starting simple. What ...
by dual
Wed Sep 12, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a QCD at Fidelity
Replies: 17
Views: 1407

Re: Implementing a QCD at Fidelity

My wife and I have done QCDs thru Fidelity the last two years by requesting checkbooks for our IRA accounts. Simple to do and then we simply write the checks to the charity and mail them directly. We keep those checkbooks well hidden so we don't inadvertently use them to pay for groceries! We keep ...
by dual
Thu Sep 06, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Implementing a QCD at Fidelity
Replies: 17
Views: 1407

Re: Implementing a QCD at Fidelity

I found the Fido withdrawal form at https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/charitable-ira-one-time-withdrawal.pdf and it answered some of my questions. The form only specifies mailing the check to me or to the charity. It states: A Medallion signature guarantee is require...
by dual
Thu Sep 06, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Implementing a QCD at Fidelity
Replies: 17
Views: 1407

Re: Implementing a QCD at Fidelity

Even though you can take RMDs any time during the year you turn 70.5, you must actually be at least 70.5 to make a QCD. 70.4 will not qualify. Thanks. Yes I am aware of the rules. Here is a good summary: http://www.kitces.com/blog/qualified-charitable-distribution-qcd-from-ira-to-satisfy-rmd-rules-...
by dual
Thu Sep 06, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Implementing a QCD at Fidelity
Replies: 17
Views: 1407

Implementing a QCD at Fidelity

I'm going to have to start required minimum distributions from my IRA next year and I'm thinking of doing a qualified charitable distribution (QCD) from my Fidelity IRA. I would like some advice and tips from those of you who have done this already. I would like to have a check made out in the name ...
by dual
Tue Sep 04, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Working for a municipality
Replies: 26
Views: 2543

Re: Working for a municipality

Many government agencies have large, poorly funded liabilities for retiree pensions and medical insurance. In order to mask the amount of under-funding the government pension funds are assuming unrealistic rates of return on their assets. Even with these unrealistic assumptions, as the expenses grow...
by dual
Mon Sep 03, 2018 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 1057

Re: Under insured motorist insurance

Uninsured and under insured coverage is unsually what you ask for, which in our case is the same coverage as our personal insurance. ($500K each person,, $500K each accident, $100K each property damage) I look at it this way, what if I was t boned by an uninsured driver, and I had a couple of passe...
by dual
Sun Sep 02, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 1057

Re: Under insured motorist insurance

I've received some advice from a local injury attorney that he believes everyone should carry underinsured motorist (UIM) policy. I do not buy this coverage. My philosophy is to insure only for events that will affect my finances in a substantial way. Most UM coverage limits that I have been offere...
by dual
Wed Aug 29, 2018 11:33 pm
Forum: Personal Consumer Issues
Topic: Recommend a good SOCK. Yes, I said SOCK!
Replies: 48
Views: 4084

Re: Recommend a good SOCK. Yes, I said SOCK!

Do you know how long it's been since they moved to China? Maybe I'm still wearing old stock - mine have lasted for quite some time now. Probably 4-5 years. Read the reviews on Amazon https://www.amazon.com/Gold-Toe-Cushion-Fluffie-3-Pack/product-reviews/B000SP0VII/ref=cm_cr_getr_d_paging_btm_next_6...
by dual
Tue Aug 28, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Recommend a good SOCK. Yes, I said SOCK!
Replies: 48
Views: 4084

Re: Recommend a good SOCK. Yes, I said SOCK!

GOLD TOE Ever since they moved their manufacturing to China, Gold Toes are a pallid reflection of their former glory. Read their reviews on Amazon. I have been a cushion foot fluffy man for decades but I cannot abide the current version. Before washing they are obviously much thinner with little cu...
by dual
Sun Aug 26, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229476

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I am not a tax professional or expert. That being said, if Etrade is reimbursing you for a fee paid to TDAmeritrade, you might be able to list both on Schedule B, with the TDA amount being a negative number (net result is zero, for the two transactions). Because it's really a reimbursement. I do no...
by dual
Fri Aug 24, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229476

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

As part of my accounts consolidation, I am closing my TDAmeritrade account and transferring to Etrade. It is also nice to get a transfer bonus :D I will probably get hit with the TDAM $75 account closing fee. My question is the tax aspects. I will most likely get a 1099Misc for the full transfer bon...
by dual
Thu Aug 23, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance - Collision premium
Replies: 12
Views: 761

Re: Auto insurance - Collision premium

FWIW I only insure for events that could affect my overall financial well-being so I do not carry collision coverage. If you are like most Bogleheads you can replace the car without it affecting you significantly. I am not saying you would like it but you could do it. Most BH are also better than av...
by dual
Wed Aug 22, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Short term investment (90 days)- but too large for CD's
Replies: 9
Views: 1131

Re: Short term investment (90 days)- but too large for CD's

U.S. 3 Month Treasury Bill's (TMUBMUSD03M ), should also be considered. Do you pay US taxes on the interest? If so, what is your state tax rate? Depending on the rate, this will increase the taxable equivalent yield of the TBill, which is not taxable by states. In a high tax state like California i...
by dual
Wed Aug 22, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: The futility of stock market forecasts
Replies: 8
Views: 1420

Re: The futility of stock market forecasts

Taylor Larimore wrote:
Tue Aug 21, 2018 9:54 pm
Bogleheads:

If you still believe in market forecasts, read these headlines:

Best wishes.
Taylor
Although amusing, this is anecdotal evidence and is certainly not a proof that forecasts that are accurate enough to improve your investment results are not possible.
by dual
Tue Aug 21, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: All figured out
Replies: 20
Views: 2286

Re: Made a big mistake with HSA and looking to fully inform myself before my meeting with accountant.

Get a grip. What a hysterical reaction. This is not TAX FRAUD (scream ). When OP filed his returns he in good faith believed his policy was conforming. Have you read the rules on insurance plans? They are highly technical and I defy you to make a definitive ruling based on a description of a plan. I...
by dual
Tue Aug 21, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: All figured out
Replies: 20
Views: 2286

Re: Made a big mistake with HSA and looking to fully inform myself before my meeting with accountant.

I say no harm no foul. You did a good faith effort to follow the rules. Change your insurance to a conforming plan and continue with your contributions to the HSA. If the IRS catches up with you (not likely), plead ignorance and pay the penalties. You will be no worse off than if you try to fix it n...
by dual
Tue Aug 21, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12569

Re: Excessive Emergency Room Charges - Options?

This is not a fair question. The system is broken. It's not like they give you a list of prices, and you get a chance to "agree" to pay that amount. You get to agree or disagree if they should try to save you during a medical emergency. You don't get to haggle over the prices. You don't even get to...
by dual
Tue Aug 21, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 75
Views: 5950

Re: Discount broker stocks dive on news J.P. Morgan Chase to offer free trading

So I deposit $1 million, purchase VT and.... Nothing for 30 years. How do they make money out of me as a BH? The dividends will land in the settlement/sweep account where they likely will earn below market interest. Also, I think they can lend your shares of VT and charge the short-seller interest.
by dual
Sun Aug 19, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Tax-Advantaged Small-Cap to another broker
Replies: 7
Views: 370

Re: Transferring Tax-Advantaged Small-Cap to another broker

but why would you want to hold vanguard funds outside of vanguard? For simplicity. I have been doing some estate planning and I want to consolidate accounts to make it easier for my heirs. Thanks for the suggestions. My preference is to consolidate at Fidelity. I will call them next week to see if ...
by dual
Sun Aug 19, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Tax-Advantaged Small-Cap to another broker
Replies: 7
Views: 370

Transferring Tax-Advantaged Small-Cap to another broker

I want to transfer my VTMSX to another broker but it has a large unrealized capital gain so I do not want to sell it. Is there a way to transfer it? It looks like the fund only has Admiral shares--no investor class. Is this correct? I found a thread on Morningstar that discusses holding Admiral shar...
by dual
Sat Aug 18, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 89
Views: 15375

Re: The Fall of Consumer Reports

I never had much use for CR. They consider themselves experts on everything from orange juice to computer flash drives to cars and trucks to house roofing and everything else where they assert their expertise. Whenever they review something where I have in-depth knowledge I do not agree with their c...
by dual
Fri Aug 17, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: My Wife is going to do an independent contracting job-401k?
Replies: 10
Views: 762

Re: My Wife is going to do an independent contracting job-401k?

You are a lot better off researching this yourself than relying on random strangers on a website. A quick search turns up this https://www.irs.gov/retirement-plans/one-participant-401k-plans Go to your public library and look up the JKLasser tax book and other references. My experience I made my liv...
by dual
Fri Aug 17, 2018 1:31 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107157

Re: It's not enough to mumble "Stay the Course" ??

" Stay the course . No matter what happens, stick to your program. I've said "Stay the course" a thousand times, and I meant it every time. I t is the most important single piece of investment wisdom I can give to you. " -- Jack Bogle in "Common Sense on Mutual Funds" (underline mine) Enough said. ...
by dual
Mon Jul 30, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Family Foundation - Best way forward
Replies: 25
Views: 1897

Re: Charitable Family Foundation - Best way forward

I’m wondering whether if my wife and I have skills that would help worthy international charities, would creating our own foundation more easily allow us to expense our travel in support of these causes? See this article at the Wall Street Journal. Apparently the tax law on foundations has a lot of...
by dual
Thu Jul 26, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: negative comments about "Brazil nuts"
Replies: 32
Views: 3977

Re: negative comments about "Brazil nuts"

Some comments: Why Brazil nuts? Although selenium content is taken as negative by some here, it actually has many benefits. Roy Walford's book The 120 year diet has a great discussion in Ch. 7 including references to the relevant scientific papers. Selenium is toxic in large quantity. Walford discus...
by dual
Sat Jul 21, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Family Foundation - Best way forward
Replies: 25
Views: 1897

Re: Charitable Family Foundation - Best way forward

IANAL but interested in the topic. I think posters should answer the OP's question instead of trying to talk him out of it. His points make sense. See https://www.bogleheads.org/forum/viewtopic.php?f=11&t=252131&newpost=3981988 and the post by senex on the difficulty of evaluating charities. Some su...
by dual
Thu Jul 12, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 3188

Re: How to plan for health insurance at a young age?

[ No, they are actually not very rare. They occur on a regular basis. In fact, companies that provide health coverage generally reinsure against claims over $1 million. The ACA addressed some of the issues regarding reinsurance. https://healthpayerintelligence.com/news/reinsurance-changes-payers-ca...
by dual
Thu Jul 12, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 3188

Re: How to plan for health insurance at a young age?

I am all for open, honest discussions. These ministries seem to be put forth when people ask about health insurance. They are not health insurance, that would a good place to start the discussion. OK, let's have a discussion. Why are they not health insurance? What is your definition of health insu...
by dual
Wed Jul 11, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 3188

Re: How to plan for health insurance at a young age?

The presumption here seems to be that you absolutely must have medical insurance. What about self-insuring? I am sure someone will immediately come up with some scenario where care for an illness costs millions. Illnesses that will cost near a million to treat and will leave you with an expectation...
by dual
Wed Jul 11, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 3188

Re: How to plan for health insurance at a young age?

The presumption here seems to be that you absolutely must have medical insurance. What about self-insuring? I am sure someone will immediately come up with some scenario where care for an illness costs millions. Well, those are exceedingly rare else no one could afford insurance. In that scenario yo...
by dual
Mon Jul 02, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 24103

Re: Vanguard to offer non-Vanguard ETFs commission-free

This is nice but as a Flagship member I get IIRC ~20 commision free trades per year. I have never come close to the limit.
by dual
Sun Jul 01, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Rented car, got rear ended - hit and run
Replies: 20
Views: 2582

Re: Rented car, got rear ended - hit and run

Please keep us posted as this saga progresses. I have heard of rental car coverage through a credit card, but no tales of how well it works in real life. You're doing us a public service by posting your experience. Good luck! My story: Driving down the street in Tucson I heard a loud crack, looked ...
by dual
Thu Jun 28, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: AOL - update to terms of service
Replies: 29
Views: 2322

Re: AOL - update to terms of service

I have a website and domain that I use for a permanent email address but ran into the following problem: Apparently my ISP also hosts some sites that are considered spammers. Although they have a different URL apparently they share some of the IP address for my website so some spam filters tend to f...