Search found 575 matches

by truenorth418
Mon Mar 27, 2023 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: IRS Online Account - Mysterious Error Message 8028

Just a short update, on 15 March, I filed a complaint with the "Systemic Advocacy Management" department of the IRS, since their website looks like the right place for this: https://www.taxpayeradvocate.irs.gov/home/systemic-advocacy-management-system-sams/ They mention: Know of a tax problem that affects more than one taxpayer? You can help the Taxpayer Advocate Service tackle the “big-picture” problems in the IRS or the tax law by reporting them to us. These systemic issues: Always affect multiple taxpayers; Don’t apply to just one taxpayer (but if you personally have an unresolved IRS problem, TAS may be able to help); Involve IRS systems, policies, and procedures; Involve protecting taxpayer rights, reducing burden, ensuring ...
by truenorth418
Tue Mar 21, 2023 4:22 am
Forum: Non-US Investing
Topic: Vanguard closing accounts? [sudden closure with a Non-US address]
Replies: 21
Views: 3070

Re: Vanguard closing accounts? [sudden closure with a Non-US address]

snackdog wrote: Tue Mar 21, 2023 12:21 am Just keep a US address and no issues. Can be a friend, forwarding service, whatever.
Sure, but what happens when your “friend” moves while you are overseas, and you have to scramble for a new strategy?

For financial accounts, a “forwarding address” needs to be a legal domicile, cannot be a PO Box.

There are services that can provide these, and there have been many posts about this issue so search away.
by truenorth418
Sat Mar 18, 2023 6:33 pm
Forum: Personal Consumer Issues
Topic: Hotel Door Alarms (was: Locks?)
Replies: 39
Views: 3745

Re: Hotel Door Locks?

bampf wrote: Wed Mar 15, 2023 8:28 pm
truenorth418 wrote: Wed Mar 15, 2023 7:35 pm I travel a great deal and mostly stay in hotels.

If the safety and security of a place were so bad that even the various, multiple locks provided on the hotel doors were not enough to protect me, I would not travel to such a place.
The door secondary locks are mostly for show. You can defeat the chain, flap or bar generally with the do not disturb card. Youtube has dozens of videos.

I wouldn't stay in a hotel where I felt like I needed more than those. I agree with you except for the notion that the secondary locks are any good.
That makes sense. And also the hotel security and lobby personnel also play a factor no? And elevators that only allow room key access?

So much more than just the door lock to consider.
by truenorth418
Sat Mar 18, 2023 6:31 pm
Forum: Personal Consumer Issues
Topic: Best way to quickly declutter and organize the house
Replies: 127
Views: 10978

Re: Best way to quickly declutter and organize the house

Get a packet of sticky notes. Walk around your home and place a sticky note on every item - furniture, small appliances, clothes, shoes, etc - for every item that you have not used for the past year.

Then call Goodwill Industries or the Salvation Army and have them come and take every one of those items you haven’t used. Don’t make any exceptions.

In other words, if you haven’t used an item for a year, donate it so that other less privileged people can use it.
by truenorth418
Wed Mar 15, 2023 7:35 pm
Forum: Personal Consumer Issues
Topic: Hotel Door Alarms (was: Locks?)
Replies: 39
Views: 3745

Re: Hotel Door Locks?

I travel a great deal and mostly stay in hotels.

If the safety and security of a place were so bad that even the various, multiple locks provided on the hotel doors were not enough to protect me, I would not travel to such a place.
by truenorth418
Sun Feb 19, 2023 7:07 pm
Forum: Personal Consumer Issues
Topic: ID.me [Identify verification site]
Replies: 343
Views: 31493

Re: ID.me [Identify verification site]

Beyond the privacy concerns, I'm also worried about the 8028 Error when logging in, which from my research/googling seems to only happen to people using ID.me and seems to have no real cause or solution beyond randomly waiting for it to work again. Since I need a PIN every year for tax filing, that's just a headache I don't need. Then again, maybe this is just something to happens to newer accounts/logins, and we'd have the same issue even with login.gov. What makes you think the Error 8028 only happens with ID.me logins? I’ve been getting blocked from my IRS account by Error 8028 since December, and it happens whether I log in using ID.me or the legacy login method (still available even after ID.me conversion). Also, I converted to ID.me ...
by truenorth418
Wed Feb 08, 2023 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: IRS Online Account - Mysterious Error Message 8028

I tried calling the 800-908-4490 number and asking for a replacement PIN by mail. Unfortunately, the agent said that the IRS can only send a replacement PIN by mail if my PIN was originally issued by mail. Otherwise, I must obtain the PIN online or file a return via mail without the PIN. OP here. You may want to try calling that 800-908-4490 number again. The agent I reached at that number 2 weeks ago said she would send out an IP PIN by mail, and sure enough I received it today. I have never received a PIN by mail before, I always obtained my PINs from my IRS online account, so I didn’t think I was eligible to get one by mail this time, but of course this year I have not been able to access my online account at all because of the Error 80...
by truenorth418
Thu Feb 02, 2023 10:29 pm
Forum: Personal Consumer Issues
Topic: Anyone fly Emirates lately?
Replies: 19
Views: 1888

Re: Anyone fly Emirates lately?

End of last year I flew Emirates Cape Town to Dubai and later Dubai to SE Asia.

So these were both 9 hour flights. My first time on Emirates, and I flew coach.

Combined, it was a great experience. The TV/video selection was best I’ve ever had on a flight. The food service - dinners/breakfasts - were fine. The time flew by. The ambience on each reflected a little bit the type of passenger - the Dubai leg was adults and quiet, the SE Asia a little noisier with more kids.

But all in all a good experience and I look forward to riding them again.
by truenorth418
Thu Jan 26, 2023 3:31 am
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: IRS Online Account - Mysterious Error Message 8028

I called today and had no luck requesting a mailed IP PIN. Apparently if you sign up for the IP PIN service online, you can only retrieve your PIN online. The IRS will not mail it to you. I called a few numbers and had a different result, I think. I still have not been able to access my online account since mid-Dec 2022 due to this Error 8028 issue but yesterday I did call several IRS numbers that were at least a little helpful: 866-255-0654. This is an e-service help desk intended for tax professionals but the agent there was helpful to me, I am an individual. She said she has received several calls about this 8028 issue recently. Further, she confirmed my own account is currently “restricted”. She did not know why this is but she specula...
by truenorth418
Wed Jan 25, 2023 5:50 pm
Forum: US Chapters
Topic: 🎊Happy 99th Birthday to Taylor Larimore🎉
Replies: 247
Views: 11339

Re: 🎊Happy 99th Birthday to Taylor Larimore🎉

Happy Birthday Taylor!! 🎂🎂🎂
by truenorth418
Tue Jan 24, 2023 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Closed my solo 401(k) - Did not file 5500-EZ
Replies: 51
Views: 3740

Re: Closed my solo 401(k) - Did not file 5500-EZ

“ We received your payment of $500.00 with the Form 14704, Transmittal Schedule Form 5500 EZ Delinquent Filer Penalty Relief Program (RevenueProcedure 2015-32). Our records indicate the fee was paid for your Form 5500 EZ return for the account listed above. No other action will be taken on this account at this time.” They sure left their options open with that response didn’t they? I opened a solo 401K some years ago for a consulting gig I had. I later closed the account and sent in the final form to close it. But I’m not sure opening the solo 401K was worth all of the anxiety and potential penalties that go with the IRS requirements. Even though I’m confident that I filed all of the right forms, if I had to do it over again I wouldn’t hav...
by truenorth418
Wed Jan 18, 2023 10:31 pm
Forum: Personal Consumer Issues
Topic: Google Voice?
Replies: 85
Views: 5441

Re: Google Voice?

I began doing some long term travel and my carrier T-mobile sent me a text saying they would discontinue my service because J was away from the US too much. Problem was, I had been using that number for years for all contacts, financial accounts, 2FA, etc etc.

So I ported that number over to Google Voice, still have it today, no major problems. It has been great. And now I am free to use any other carrier in the US or other countries for a second line for short term, travel, whatever.
by truenorth418
Wed Jan 18, 2023 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Wills/Estates/Bequests as a Single Person
Replies: 12
Views: 1317

Re: Wills/Estates/Bequests as a Single Person

Similar to you, I at one time planned to leave everything equally to my siblings. But then I realized that as my siblings are quite a bit older than me, it might be make more sense to design a plan where their children, my nieces and nephews, get it directly instead. Also, what if I leave it to my brothers, then one of them dies soon after I do, and the money effectively goes to their spouse and the spouses family? (My siblings are all divorced and remarried).

You are single with probably a simple life. Try to have an estate plan that is also simple.
by truenorth418
Wed Jan 18, 2023 7:55 am
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: IRS Online Account - Mysterious Error Message 8028

ThereAreNoGurus wrote: Tue Jan 17, 2023 8:35 pm
Apparently the 8028 affliction has been around since at least 2021. See this youtube video at 2:21 https://www.youtube.com/watch?v=uuh2S-SuKuM&t=141s
The video provides interesting context, thanks for sharing it. If the problem is that widespread than hopefully the IRS will make it a priority to fix it soon.
by truenorth418
Tue Jan 17, 2023 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: IRS Online Account - Mysterious Error Message 8028

I've also gotten this error since late November. I'm planning to call on Tuesday to request my IP PIN in the mail because it doesn't appear that this glitch will be resolved anytime soon. I will likely have to do the same. I don't know how broad this problem is but there are also numerous posts on the IRS forum on Reddit about it. Some of the victims have not had access to their IRS accounts for many months, while others like us lost access after Thanksgiving, suddenly and without explanation. It seems nobody has had their access restored even after calling the various IRS numbers. It is quite frustrating that the IRS cannot secure their systems from fraud, encourage us to use an IP PIN to try to restore some security to e-filing, but then...
by truenorth418
Sat Jan 14, 2023 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax 2022 - issue with preliminary modeling and ACA/PTC
Replies: 79
Views: 5863

Re: TurboTax 2022 - issue with preliminary modeling and ACA/PTC

Given how badly Turbo Tax handled the foreign tax credit fiasco last year, dragging their feet on delivering a patch until well into March and then not until after complaints to their senior management from this forum and other boards, I recommend waiting another month or two before serious modeling on TT and certainly before filing with them.
by truenorth418
Sat Jan 14, 2023 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Payment not yet processed
Replies: 13
Views: 1426

Re: Estimated Tax Payment not yet processed

If I were you I wouldn’t worry too much if the payment has been debited from your bank account. If you can show that they’ve cashed the check you should be fine, in the long run.

However in my experiences the last few years the IRS phone and online systems are shamefully slow/broken and it could take weeks, months, or even years for them to catch up and show your timely payment. It is an awful feeling to wait, and I wish you the best.
by truenorth418
Wed Jan 11, 2023 12:31 am
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: Can’t Access IRS Account - Mysterious Error Message

OP here. Just bumping this in case anyone else is being redirected to the “Error Code -8028 Screen of Death” after logging into their account.

I was able to connect with an IRS agent using the 800-829-1040 number. He directed me to the IRS IT line which I had already tried but it was inoperable. He encouraged me to keep trying, maybe the problem is due to the usual IRS Dec-Jan website issues, give it to the end of January before trying to elevate it further. I have no idea how I would elevate it as every solution I have tried so far has been a dead end.

Hopefully I’ll receive an IP PIN in the mail so at least I can file my taxes as normal, as who knows when or if I’ll ever get access to my online account.

Beyond frustrating.
by truenorth418
Wed Jan 11, 2023 12:19 am
Forum: Personal Finance (Not Investing)
Topic: IRS PIN 2023
Replies: 58
Views: 3316

Re: IRS PIN 2023

I have been unable to access my IRS online account for several weeks. I can log in with ID.me no problem, but then it throws the “Error -8028 Screen of Death”, with no explanation and no way around it. I called the IRS 1040 number and (miracle of miracles) a very kind agent named Mr. Morris answered right away. He assured me that I would not need to rely on my online account for the IP PIN, that I would receive one in the mail by the end of the month, and also he had no idea why I can no longer access my account after logging in, and also there is nothing I can do about it since the IRS IT assistance number is also down indefinitely.
by truenorth418
Tue Jan 10, 2023 5:35 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Living In SE Asia for 3 months
Replies: 7
Views: 642

Re: Health Insurance Living In SE Asia for 3 months

I use GeoBlue. They have single trip, multi-trip and long term plans with lots of options to customize your needs.
by truenorth418
Mon Jan 09, 2023 12:16 am
Forum: Personal Finance (Not Investing)
Topic: My nephew was asking about getting a pre-nup
Replies: 126
Views: 10988

Re: My nephew was asking about getting a pre-nup

Luckywon wrote: Fri Jan 06, 2023 4:25 pm Much already written in this thread (and every thread on prenups) is completely contrary to what we learned after speaking to family law attorneys.
That’s interesting and sounds important. Can you please share a few specifics around what has been shared in this thread that’s not true?
by truenorth418
Mon Jan 09, 2023 12:10 am
Forum: Personal Finance (Not Investing)
Topic: My nephew was asking about getting a pre-nup
Replies: 126
Views: 10988

Re: My nephew was asking about getting a pre-nup

I find it amusing that this forum has weekly posts on umbrella insurance amounts where posters panic over 0.000001% risk and then people speak negatively of prenups for which the risk, no matter what numbers you look at, is massive by comparison. Hahaha soooo true. +100 Definitely, it’s a huge financial risk that many on here want to ignore or say it doesn’t exist. Yup. Or the constant handwringing over iBonds - a safe and straightforward investment of maximum $10,000. Meanwhile we are admonished for discussing the risks of blindly signing a boilerplate state marriage contract with potential downside worth 100s of thousands of dollars or more over a lifetime. Talk to anyone who’s been divorced. Once all the trappings are stripped away, the...
by truenorth418
Thu Jan 05, 2023 12:59 am
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

Re: Unable to Access My IRS Account - Mysterious Error Message

nalor511 wrote: Wed Jan 04, 2023 1:20 am It's is offline for me until Jan 9
Thank you. I see on another thread that the IP PIN system is offline until Jan 9. But it is strange that I cannot access anything on my account after logging in, it's not just IP PIN for me. Is the entire account access supposed to be offline during this time?
by truenorth418
Wed Jan 04, 2023 1:06 am
Forum: Personal Finance (Not Investing)
Topic: IRS Online Account - Mysterious Error Message 8028
Replies: 24
Views: 6348

IRS Online Account - Mysterious Error Message 8028

I sign into my IRS account every couple of months to review my transcripts and make sure everything is in order. A year ago I moved the sign-in over to the ID-Me login system without any issues and haven't had any problems since. I've never had any problem signing in until now. I've tried to log in a few times recently and now the first thing I see after logging in is: "Error. Something Went Wrong. A condition has been identified that's preventing your access to this service. Error code -8028". I see this every time I log in and I can't get past it. I've tried logging in using the old way. I've tried clearing my cookies. I've tried different browsers. I've tried disabling my VPN. I've tried it on my iphone and my laptop. Nothing h...
by truenorth418
Tue Oct 18, 2022 7:44 am
Forum: Investing - Theory, News & General
Topic: Early Retirement: Dividends and ACA Subsidies
Replies: 17
Views: 1724

Re: Early Retirement: Dividends and ACA Subsidies

Sometimes there’s not much you can reasonably do about the stock dividends and yes now that interest rates are increasing even money market distributions are a factor again.

As for controlling what I can - I only take capital gains by selling stock every 3 years, in order to minimize my income the 2 years in between and at least take the subsidy those years. Fortunately the so-called inflation reduction act has extended the subsidy cliff relief another 3 years so I should have at least another 2 years of subsidies ahead of me (and maybe the relief will be extended beyond that?)
by truenorth418
Fri Aug 12, 2022 9:48 am
Forum: Personal Consumer Issues
Topic: Dallas, Texas 6th Floor Museum
Replies: 34
Views: 3180

Re: Dallas, Texas 6th Floor Museum

I visited the 6th Floor Museum about a month ago. It was a Saturday afternoon and very crowded. I had been there before, soon after it opened in early 1990s. I thought it was still very interesting and they have added a few exhibits since my last visit. I’d say if you are in Dallas and you have some free time, it’s worth a visit. It is an important part of American history, after all. As for the neighborhood around the museum- the West End and downtown Dallas- sadly, I think the covid lockdowns had a major negative impact and I found the area to be very derelict with many aggressive homeless and street people. I did not feel very comfortable as evening approached, and I say this as one who has travelled widely in rough places around the wor...
by truenorth418
Thu Aug 04, 2022 12:49 pm
Forum: Personal Consumer Issues
Topic: Cost of Nomadic Life?
Replies: 21
Views: 4431

Re: Cost of Nomadic Life?

I’ve been nomadic for going on five years- solo. It’s been great overall but I follow a well constructed budget. There are a lot of variables. My biggest expense is housing. I’ve been dividing my time between decent hotels, airbnbs, and cruise ships. And a hotel in the US or Europe costs way more than a similar quality hotel in say South America or SE Asia. I budget about $200/nt average for overall housing. But for every cruise night or London hotel stay, I need to find a reasonable accommodation in Bangkok or Sao Paolo to balance it back to the average. This is probably the biggest factor in geo-arbitrage. Also factor in daily meals and sundries. I budget myself a per diem of $60/ day for this. Again NA and Europe are much more than some...
by truenorth418
Wed Aug 03, 2022 3:04 pm
Forum: Personal Consumer Issues
Topic: Cost of Nomadic Life?
Replies: 21
Views: 4431

Re: Cost of Nomadic Life?

I’ve been nomadic for going on five years- solo. It’s been great overall but I follow a well constructed budget. There are a lot of variables. My biggest expense is housing. I’ve been dividing my time between decent hotels, airbnbs, and cruise ships. And a hotel in the US or Europe costs way more than a similar quality hotel in say South America or SE Asia. I budget about $200/nt average for overall housing. But for every cruise night or London hotel stay, I need to find a reasonable accommodation in Bangkok or Sao Paolo to balance it back to the average. This is probably the biggest factor in geo-arbitrage. Also factor in daily meals and sundries. I budget myself a per diem of $60/ day for this. Again NA and Europe are much more than some ...
by truenorth418
Wed Aug 03, 2022 8:30 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 1956
Views: 507039

Re: Variable Percentage Withdrawal (VPW)

Why don’t people watch the Rob Berger video before chiming in and criticizing it?

I saw the video. He obviously spent far more time reading through the VPW threads and content here on BH.org than the commenters here did on his video analysis.
by truenorth418
Sat Jul 30, 2022 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Renting for life - a bad idea?
Replies: 582
Views: 57616

Re: Renting for life - a bad idea?

The prospect of homeownership in retirement doesn't appeal to me at all. I want the freedom and flexibility to live and move easily. Homeownership is the antithesis of this. We are nomads right now, but I think my ideal would be to own a place in my 60s and move into a CCRC in my 70s. On the other hand, just yesterday, DH said he can't imagine living any place for more than a year ever again. I feel the same way as your DH. I’ve been traveling full-time without a home base for 4 1/2 years. But for me my limit is a few months in one place at most - not a full year. It’s a tough call, there are benefits to having a home base even for the nomad- “just in case” such as health reasons or other energencies. When the covid lockdowns came I had to...
by truenorth418
Sat Jul 30, 2022 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: If you have over $1M at Fidelity or Schwab, do you have a personal rep?
Replies: 44
Views: 6421

Re: If you have over $1M at Fidelity or Schwab, do you have a personal rep?

I have a rep at Schwab. He checks in every few years and that’s more than enough for me. But he has been very helpful on a few very specific issues. For example I inherited some money in a foreign country and he alerted me to Schwab’s highly competitive exchange rates for transferring it into the US via my brokerage account. As opposed to transferring it into my Citibank or other bank account. It saved me many thousands of dollars.
by truenorth418
Fri Jul 29, 2022 2:29 pm
Forum: Personal Consumer Issues
Topic: Looking for the cheapest, smallest BUT safe home anywhere in the US
Replies: 95
Views: 15879

Re: Looking for the cheapest, smallest BUT safe home anywhere in the US

Establish residency in South Dakota, get a PO Box with a mail forwarding service, and rent an AirBNB when you’re in country. This really is the solution OP is looking for. I did it this way for many years. OP hasn’t responded to any of the comments related to this, however, so I get the feeling they are dismissing this option for some reason. why South Dakota? No state income tax. Plus they have a small local industry that caters to people who are full time transits. Also, state laws are favorable to the nomadic folks. Residency declaration requires only a receipt for one night in a hotel or campground, and they are one of just two states left where it’s legal to put a commercial mail receiving agent address (PMB) as the address on your dr...
by truenorth418
Fri Jul 29, 2022 8:22 am
Forum: Personal Consumer Issues
Topic: Retirees: A question.
Replies: 8
Views: 888

Re: Retirees: A question.

I retired at 47. Never regretted it.
by truenorth418
Mon Jul 04, 2022 8:02 am
Forum: Investing - Theory, News & General
Topic: Individual Bonds vs Bond funds
Replies: 33
Views: 3752

Re: Individual Bonds vs Bond funds

visualguy wrote: Fri Jul 01, 2022 4:48 pm What you're suggesting is fine, but managing such individual bond ladders is a big hassle.
Not necessarily. If you set up your ladder so that one bond matures every year, you only have to buy a new bond to replace it every year. I just did this in my Fidelity account and it took about 5 minutes.
by truenorth418
Mon Jul 04, 2022 7:57 am
Forum: Investing - Theory, News & General
Topic: anyone else considering moving to market cap weight with international?
Replies: 193
Views: 13758

Re: anyone else considering moving to market cap weight with international?

No. I’ve been doing the opposite- reducing my allocation to international.

In taxable, the higher dividend % of VXUS and VSS, will push me above the ACA subsidy cliff when it comes back next year, so I will automatically lose thousand of $ of insurance credit.

In non taxable, I lose the foreign tax credit, which is also a guaranteed drag on returns.

I like Taylor Larimore’s reasoning. Bogle said no more than 20% in international, Vanguard says no less than 20%. So 20% it is.
by truenorth418
Sat Jul 02, 2022 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Finances during separation/divorce
Replies: 40
Views: 5629

Re: Finances during separation/divorce

Yes you should see a lawyer first. Probably meet with a few of them to help you find the best one you can. You will need it. Through that process you will pick up some free advice to help you learn the process and set your expectations. Family court is like another planet. You may want to avoid drama and expense but that does not mean the other party won’t drag this out. I have 2 divorced brothers. Both of them wanted to avoid expense and hassle but their divorces each lasted several years and they are still paying maintenance $$$ and very bitter. Brace yourself this will not be an easy time. A friend of mine is finally finishing up a divorce process that has lasted over 3 years and it has destroyed his retirement. He’s now interviewing for...
by truenorth418
Tue Jun 28, 2022 6:28 am
Forum: Personal Consumer Issues
Topic: Looking for the cheapest, smallest BUT safe home anywhere in the US
Replies: 95
Views: 15879

Re: Looking for the cheapest, smallest BUT safe home anywhere in the US

OP you may want to check out Escapees RV. They provide domicile services for full time travelers including legal address and mail box / mail scanning services.
by truenorth418
Mon Jun 20, 2022 2:41 am
Forum: Investing - Theory, News & General
Topic: Are Small Caps undervalued?
Replies: 14
Views: 2214

Re: Are Small Caps undervalued?

Looking at the historical time time series, you can see where small caps have tended to swing higher and lower vs SP500. If they are “undervalued” now will they soon swing back higher? Who knows but I hope so as I have a strong tilt toward small caps.
by truenorth418
Mon May 16, 2022 1:05 pm
Forum: Personal Investments
Topic: Taxable acct. sell VXUS low to buy VTI low make sense? Dumping international.
Replies: 26
Views: 1619

Re: Taxable acct. sell VXUS low to buy VTI low make sense? Dumping international.

samsoes wrote: Mon May 16, 2022 11:36 am
mega317 wrote: Mon May 16, 2022 11:31 am But VEA is international, and in taxable you get foreign tax credit. So what is the problem with international in taxable?
Unpredictable foreign tax credit and corresponding unpredictable increase in dividend income which can push one over the ACA MAGI cliff. These amounts are not known until the 1099 is received.

(I understand that the aforementioned cliff doesn't apply this year.)

I am also doing this, for many of the same reasons - including the ACA MAGI impact post 2022 - although my plan is to take international down to 20% ultimately.
by truenorth418
Wed May 11, 2022 12:40 pm
Forum: Personal Consumer Issues
Topic: Wanting to do a 3 night trip to Mexico City, maybe in August
Replies: 11
Views: 993

Re: Wanting to do a 3 night trip to Mexico City, maybe in August

Some good ideas here already. If you only have 3 days I would stick to the main core and leave the pyramids and virgin de Guadalupe cathedral for another visit. Uber is easy and cheap but there is a lot of traffic and you don’t want to spend too much time in the car. There is plenty to see and do in El Centro, Condesa, Roma, Polanco and Chapultepec. The area around the Zocalo with the cathedral and ruins not to mention the 19th century period architecture will take 1/2 a day or more easy. Mexico is one of my most favorite cities. For me, one of the most interesting cities in the world. However, don’t drink water from the tap or any smoothies or anything of that nature. I buy bottled water and keep it with me and in my room. I have stayed in...
by truenorth418
Fri May 06, 2022 2:09 am
Forum: Personal Consumer Issues
Topic: Dog Poop & Pee Sign for Yard
Replies: 84
Views: 5561

Re: Dog Poop & Pee Sign for Yard

Cruise wrote: Fri May 06, 2022 1:51 am
H-Town wrote: Thu May 05, 2022 6:25 pm Second, if it bothers you, just talk to the dog owners and establish that your yard is private property and it's off limit.
Personally, I make an effort not to engage in conflict with people who are next to their dogs. Just saying. One never knows how things might escalate and how the dog might respond.
Agree. Never engage in conflict with people about their dogs as there is a high likelihood it could escalate to threats of physical violence (as shown by the person bragging about this upthread) or worse.

As infuriating as this phenomenon is, I am not willing to risk my personal safety over someone else’s refusal to take responsibility for their animal’s defecation and urination.
by truenorth418
Sat Apr 16, 2022 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Where is the line between renting and owning a house?
Replies: 12
Views: 1638

Re: Where is the line between renting and owning a house?

Everyone has their own unique situation. From the circumstances you describe, I would keep renting. Sounds like the landlord issues are manageable. You seem to be comfortable with renting for now, but it makes sense you would question that given all the hype in the real estate market lately. There are still plenty of good reasons to rent instead of buy. I would not commit a significant amount of my capital to a home purchase unless I were very committed to doing so.
by truenorth418
Thu Apr 14, 2022 5:45 am
Forum: Investing - Theory, News & General
Topic: Are CD rates going to keep rising?
Replies: 24
Views: 4248

Re: Are CD rates going to keep rising?

schmitz wrote: Thu Apr 14, 2022 2:33 am Dumb question but why would anyone get a 2-5 year CD when ibonds pay a higher rate?
If they’ve already purchased their ibond annual limit for the year.

If they have more money to allocate than the measly $10,000 per person annual limit.

If they want to purchase in a tax privileged account.

.. are 3 reasons off the top of my head.
by truenorth418
Sat Apr 02, 2022 3:42 am
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit - Changes to Form 1116 for 2021
Replies: 261
Views: 27302

Re: Foreign Tax Credit - Changes to Form 1116 for 2021

- what is the best alternative? I encountered this problem in February while using Turbo Tax. I was shocked at how poorly prepared TT was to handle this issue (print the forms out and snail mail them to the IRS? No thanks!) Based on advice I found here on BH and on the TT forums, I opened an account with OLT and began inputting all my information there. But I found the OLT site difficult to navigate and I became frustrated with it. By the second week of March TT had announced that they had resolved their issues with the foreign tax credit and e-file would be available there after all. So I went back and completed the process on TT, filed successfully on 3/11 and received my refund exactly 2 weeks later. Bottom line, to answer your question...
by truenorth418
Tue Feb 01, 2022 5:19 am
Forum: Personal Finance (Not Investing)
Topic: IRS CP 2000
Replies: 2
Views: 412

Re: IRS CP 2000

I’m sorry you have to deal with this. I received similar treatment after my CP2000 of Nov 2020. After scrambling to respond within their 30 day response window, I received several “we need another 90 days” letters and at least one of the “we need ()” letters with no dates filled in. To say this made me more cynical about government bureaucracy and inefficiency would be an understatement. In my case it was an issue that could have been resolved on any of the many phone calls I made to check status. But that’s not how they do things. The good news is that after 10 months of having this hanging over my head I finally received the coveted “your case has been resolved” letter. It was a great day and I celebrated. Based on the many CP2000 posts h...
by truenorth418
Fri Jan 21, 2022 5:53 am
Forum: Personal Consumer Issues
Topic: Do people still wear ties and belts?
Replies: 222
Views: 15808

Re: Do people still wear ties and belts?

I am retired. I never wear a tie and I never will again. I think they are ridiculous.

I wear a belt because it helps to keep my pants up.
by truenorth418
Tue Jan 18, 2022 2:50 pm
Forum: Personal Consumer Issues
Topic: Puppy training recommendations when living alone
Replies: 27
Views: 1743

Re: Puppy training recommendations when living alone

You are wise to return the dog. There are way too many who adopted dogs during the pandemic who are now ill-suited to care for them. This is not fair to the owner, the neighbors, the community and importantly the dog itself which would benefit from a full time owner with the time to care for it, train it, etc.
by truenorth418
Sun Jan 16, 2022 9:30 am
Forum: Investing - Theory, News & General
Topic: RIP Jack Bogle
Replies: 71
Views: 8341

Re: RIP Jack Bogle

Beautiful and fitting tribute, Mel. Thank you.
by truenorth418
Mon Nov 29, 2021 8:31 am
Forum: Personal Finance (Not Investing)
Topic: ACA Plan Strategy - Living in Mexico
Replies: 9
Views: 1425

Re: ACA Plan Strategy - Living in Mexico

My experience is similar. I spend the vast majority of my time traveling full time outside the US. I have decided to use an ACA plan so I am covered while in the US and I buy international health insurance to cover emergencies while I am away. I use Florida as my US “hub” including my health insurance hub. My legal residence is there and that is where I return to in the US most often and where I will likely settle if I decide to settle in the US once I am through living nomadically. I pay for a high deductible bronze HSA plan through Florida Blue. My doctors are located in Florida and during my short stays there I avail myself of the annual wellness check and sometimes prescriptions and whatnot. In the case of cancer or other chronic diseas...
by truenorth418
Sat Nov 06, 2021 1:29 am
Forum: Personal Investments
Topic: U.S. vs International Stock Allocation
Replies: 202
Views: 17249

Re: U.S. vs International Stock Allocation

:|
Bluemnatra wrote: Fri Nov 05, 2021 8:29 pm Meb Fabers recent podcast was really interesting.... I'm 100% US and no international and Meb's podcast strangely reassured my decision is well founded.

Waiting for NathanDrake to chime in.....
I looked up his podcast and he has 365 episodes. Which episode are you referring to (what is the name or number)? I would like to listen to it.