Search found 7540 matches

by mhalley
Thu Nov 21, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Applied for 2 capital one cards same day -- a biz and personal card, but rejected
Replies: 5
Views: 88

Re: Applied for 2 capital one cards same day -- a biz and personal card, but rejected

Clark Howard actually recommends using a personal cc for a small business instead of a business cc. He says the consumer protections are much greater. So having a dedicated personal cc would be better anyway.
by mhalley
Thu Nov 21, 2019 2:08 am
Forum: Personal Investments
Topic: Do you keep deposting money into IRA while "market crashes"?
Replies: 16
Views: 1056

Re: Do you keep deposting money into IRA while "market crashes"?

Continuing to invest when the market goes down is the best time to invest. You get more shares for the same amount of money. People in the early accumulation phase should welcome a correction. Corrections are a normal part of the market cycle. Some market history from WCI: the stock market drops by ...
by mhalley
Wed Nov 20, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: Kindle Paperwhite speed?
Replies: 5
Views: 494

Re: Kindle Paperwhite speed?

Like any computer, sometimes a reboot will help with slow response times. Have you tried rebooting it? From amazon.com Kindle e-readers: From Home, select Menu, and then select Settings. From Settings, select Menu again, and then select Restart. And checking for latest software: Find which kindle yo...
by mhalley
Wed Nov 20, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Just had my credit cards stolen
Replies: 41
Views: 2731

Re: Just had my credit cards stolen

Get a minimalist wallet that will fit in your athletic wear pocket. I wouldn't leave mine in the car, even if locked and hidden.
by mhalley
Tue Nov 19, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits for Widow of a Veteran
Replies: 6
Views: 632

Re: Benefits for Widowed Veteran

If she gets ss and a pension, then she probably makes too much money to be eligible for the military survivors pension. (Income less than $9078 with no dependent children)
https://www.military.com/benefits/survi ... nsion.html
by mhalley
Tue Nov 19, 2019 7:21 pm
Forum: Personal Investments
Topic: Do I need a brokerage account for an EFT on Fidelity?
Replies: 11
Views: 542

Re: Do I need a brokerage account for an EFT on Fidelity?

Vanguard used to have a mutual fund only account that would not allow the purchase of stocks or etfs. They have done away with those, so new accounts are all brokerage accounts, but there are still many legacy mutual fund accounts left at vanguard.
by mhalley
Tue Nov 19, 2019 7:18 pm
Forum: Personal Investments
Topic: My third draft (portfolio planning)
Replies: 13
Views: 859

Re: My third draft (portfolio planning)

100% stocks is quite aggressive, be sure that this is truly an asset allocation that will let you sleep well at night, and not some attempt to be overly aggressive in an attempt to catch up. I would suggest more like an 80/20 split, but only you know how you will feel when the market is down 40 perc...
by mhalley
Tue Nov 19, 2019 7:10 pm
Forum: Personal Investments
Topic: transferring an Assets under MGMT account
Replies: 6
Views: 296

Re: transferring an Assets under MGMT account

The fact that you don't know the answer to your question suggests that you have not asked your new adviser some very important questions. Such as: How do you get paid? Are you a fiduciary? WCI has a good list of questions here: https://www.whitecoatinvestor.com/questions-to-ask-when-hiring-a-financi...
by mhalley
Tue Nov 19, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Best insurance company for auto, renters, umbrella insurance
Replies: 28
Views: 1886

Re: Best insurance company for auto, renters, umbrella insurance

Clark Howard recommends Amica and usaa. You have to meet the military service or familymember for usaa tho.
by mhalley
Mon Nov 18, 2019 11:05 pm
Forum: Personal Investments
Topic: Thinking of switching IRAs to Fidelity for Access to RZV
Replies: 6
Views: 463

Re: Thinking of switching IRAs to Fidelity for Access to RZV

I like having multiple accounts, but if the only reason for the transfer is to get the etf I wouldn’t bother. Wait, isn’t it on the list?
https://personal.vanguard.com/pdf/etfcfl.pdf
by mhalley
Mon Nov 18, 2019 10:28 pm
Forum: Personal Consumer Issues
Topic: Concerns about Cloud and privacy warranted?
Replies: 6
Views: 712

Re: Concerns about Cloud and privacy warranted?

I think the ship has sailed on privacy. I don’t think paid antivirus is needed. I use windows defender.
https://www.pcworld.com/article/3434097 ... tware.html
by mhalley
Mon Nov 18, 2019 8:43 pm
Forum: Personal Investments
Topic: transferring an Assets under MGMT account
Replies: 6
Views: 296

Re: transferring an Assets under MGMT account

Question is not answerable with info given. You need to talk to your advisor. Where will the accounts be held?
by mhalley
Mon Nov 18, 2019 6:00 pm
Forum: Personal Investments
Topic: 1-3 large stock holdings keeping me from reaching proper asset allocation - need advice
Replies: 14
Views: 955

Re: 1-3 large stock holdings keeping me from reaching proper asset allocation - need advice

The difference between 60/40 and 50/50 is not huge. If you were at 90/10 with a desired 50/50 aa, that would be different. Since the Msft is in the sep, there is no need to delay going to your desired aa. I don’t think having 10% of your portfolio in the individual stocks is terrible. Sell some of i...
by mhalley
Mon Nov 18, 2019 4:52 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 756

Re: Roth conversion calculator?

Another one to play with is the app can I retire yet pro. You can read about why and how the author created the program in the link below. What I like about it is it’s simplicity, I had trouble using the above mentioned spreadsheet, plus you can just put in a number for the yearly Roth conversions a...
by mhalley
Mon Nov 18, 2019 12:57 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 756

Re: Roth conversion calculator?

I-orp is commonly recommended. Use the extended version. https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.i-orp.com/Spend/extended.html&ved=2ahUKEwj8hZyvq_TlAhUjHDQIHQZTDEcQFjABegQICBAO&usg=AOvVaw3YgGf_TGRPaOqR9K2QR2KG Also there is a bogleheads spreadsheet. https://www.google.com/ur...
by mhalley
Mon Nov 18, 2019 12:53 pm
Forum: Personal Consumer Issues
Topic: Alternatives to VOIPo?
Replies: 41
Views: 1923

Re: Alternatives to VOIPo?

Second ooma.
by mhalley
Sun Nov 17, 2019 1:12 pm
Forum: Personal Investments
Topic: Newbie seeking help
Replies: 8
Views: 504

Re: Newbie seeking help

You can use a spreadsheet, or an account aggregator such as personal capital to help setup and rebalance your asset allocation. If you are not familiar with using etfs, you might review the ins and outs, ie limit orders. Is this a taxable account? You might not want reits there. I think most would s...
by mhalley
Sun Nov 17, 2019 11:22 am
Forum: Personal Investments
Topic: Investing advice on rolling annuity over in ira
Replies: 2
Views: 128

Re: Investing advice on rolling annuity over in ira

Welcome to the forum. It sounds like you have a lot to learn, so don’t do anything until you take some time to read a lot. A good place to start is here at the bogleheads wiki. I recommend reading Getting started Asset allocation Three fund portfolio https://www.bogleheads.org/wiki/Getting_started h...
by mhalley
Sun Nov 17, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: FICO. Score questions.
Replies: 15
Views: 1401

Re: FICO. Score questions.

You can have an excellent score with only 2 credit cards. The late pays are some of the culprit. The number of lates and the amount both factor in. The new cc probably dropped it some, but that effect should be temporary. Once that newness wears off, it should go back up. I have seen posts that a ne...
by mhalley
Sun Nov 17, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: Another Laptop Question
Replies: 29
Views: 1758

Re: Another Laptop Question

I wouldn’t on such an old device. You might get a little more life out of it by installing Linux or a chrome os clone.
https://itsfoss.com/lightweight-linux-beginners/

https://www.rankred.com/chrome-os-alternatives/
by mhalley
Sat Nov 16, 2019 5:43 pm
Forum: Personal Investments
Topic: Paid in VISA gift card - contribute to ROTH?
Replies: 9
Views: 682

Re: Paid in VISA gift card - contribute to ROTH?

Intuit days it is taxable but not earned income . https://www.google.com/url?sa=t&source=web&rct=j&url=https://ttlc.intuit.com/community/retirement/discussion/income-question-does-income-from-a-medical-study-have-to-be-reported-if-so-how/00/418923/amp&ved=2ahUKEwj545el6O_lAhUDC6wKHSMiA3QQFjABegQICxA...
by mhalley
Sat Nov 16, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: New to K-1 tax filing (partner)- looking for suggestions on references
Replies: 3
Views: 292

Re: Suggested reading for self-employed (K-1) Tax Filers

No personal experience, but maybe mike pipers books. https://www.amazon.com/Taxes-Made-Simple-Income-Explained-ebook/dp/B07T98MTJM/ref=sr_1_3?gclid=Cj0KCQiA2b7uBRDsARIsAEE9XpGgeF1kqsLL_bMpIDUGzoGB8Z-57mnKi20xI-dnhDPT6KCI6iCbI-waAquCEALw_wcB&hvadid=390244287774&hvdev=t&hvlocphy=1028320&hvnetw=g&hvpos...
by mhalley
Sat Nov 16, 2019 1:53 pm
Forum: Personal Investments
Topic: New to Forum. Vanguard funds from Fidelity account?
Replies: 10
Views: 734

Re: New to Forum. Vanguard funds from Fidelity account?

Being overly aggressive with your portfolio in an attempt to catch up for a low savings rate in the past is a mistake. The stock market is at all time highs, having a high equity exposure that exceeds your risk tolerance could be catastrophic.
by mhalley
Sat Nov 16, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Still don't understand deductability of medical specialty board exam fees
Replies: 13
Views: 1164

Re: Still don't understand deductability of medical specialty board exam fees

Intuit says you can. The main thing is that they have to be over 2% of your income. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/am-i-able-to-deduct-the-cost-of-a-medical-specialty-board-certification-exam/00/648412 Yes, you can deduct the cost of an exam if the expense was fo...
by mhalley
Sat Nov 16, 2019 1:20 pm
Forum: Personal Investments
Topic: Retired, what to do with a new chunk of money?
Replies: 10
Views: 1590

Re: Retired, what to do with a new chunk of money?

A regular brokerage account at fidelity, vanguard or Schwab. I like the fidelity cma account if you are going to be spending money, see the fidelity as a one stop shop thread. The 3 fund portfolio works fine in a taxable account. Substitute munis for total bond if in high tax bracket, or skip the bo...
by mhalley
Fri Nov 15, 2019 5:00 pm
Forum: Personal Investments
Topic: Rollover from Fidelity to less preferable 401K plan to make back-door?
Replies: 5
Views: 366

Re: Rollover from Fidelity to less preferable 401K plan to make back-door?

I see from another post you are 49 and retiring in 5 years, so I would say it is not worthwhile. You might check out POF posts on the value of the backdoor Roth.
https://www.physicianonfire.com/?s=Value+back+door
by mhalley
Fri Nov 15, 2019 4:25 pm
Forum: Personal Investments
Topic: New to Forum. Vanguard funds from Fidelity account?
Replies: 10
Views: 734

Re: New to Forum. Vanguard funds from Fidelity account?

Many people here use vanguard. In general, you should use in house funds to avoid fees. if you are using fidelity, you should use fidelity funds. If you like etfs, then you could use the vanguard ones at Fidelity. Fidelity and Schwab have a better taxable account than vanguard imho, but vanguard etf...
by mhalley
Fri Nov 15, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2862

Re: Gaming Desktop

Have you looked into console gaming? You can get a ps4 or xbox one for less than 500, although they are going to be upgraded next year so it might be wise to wait, I used to be solely a pc gamer, but switched to console several years ago. I miss the precision of the mouse and keyboard, but still hav...
by mhalley
Fri Nov 15, 2019 4:12 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 12112

Re: Best thing you have ever bought?

My first TiVo. Back before streaming and all the cable companies had vod and dvr capabilities, I often had to miss my favorite shows due to shift work. Never missing those shows and having them available to watch when I came home at 3 am was great.
by mhalley
Fri Nov 15, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: External sreaming device on smart TV
Replies: 16
Views: 762

Re: External sreaming device on smart TV

It’s for those on the Costco hearing aid thread.
Alexa, what time is it?
IT’S 5 P.M. HAVE A GOOD WEEKEND!
by mhalley
Fri Nov 15, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tax harvest gain this year?
Replies: 9
Views: 531

Re: Should I tax harvest gain this year?

I added a quote and link confirming that SS is considered ordinary income. When I put your numbers into taxcaster and get the taxes owed, when I add any lt cap gains the taxes increase by 15% of the amount of lt gains, confirming the tax rate is not zero.
by mhalley
Fri Nov 15, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tax harvest gain this year?
Replies: 9
Views: 531

Re: Should I tax harvest gain this year?

The maximum income for the zero cap gains rate for 2019 is only $78750. Taking into account the standard deduction, that means you can earn up to $103150. I believe the SS is included in that, as SS is considered ordinary income, so looks like you are already over the limit. What Is Ordinary Income?...
by mhalley
Fri Nov 15, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: External sreaming device on smart TV
Replies: 16
Views: 762

Re: External sreaming device on smart TV

The thing about the smart TVs is that at some point they are likely to stop supporting various apps, at which point you will need to get a Roku or fire stick etc. anyway. I would put smart tv features way down on the list when buying a new one.
by mhalley
Fri Nov 15, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: External sreaming device on smart TV
Replies: 16
Views: 762

Re: External sreaming device on smart TV

Plasmas don’t generally have much motion blur. This could be from the source. You would want to google “stop motion blur Panasonic model 1234” for specifics, but maybe this will help ( it talks about film, but maybe it will help with sports) what you’re seeing on your plasma actually is motion blur,...
by mhalley
Thu Nov 14, 2019 9:41 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2862

Re: Gaming Desktop

The gpu is more important than the cpu these days. Toms has a gpu shopping guide here https://www.tomshardware.com/reviews/gpu-buying-guide,5844.html Oops, Digital STORM is the gaming pc, digital extreme is a gaming software co. :oops: looks like their cheapest one is $700, but you don’t get an ssd ...
by mhalley
Thu Nov 14, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2862

Re: Gaming Desktop

I have bought several gaming desktops, including an Alienware, falcon nw and digital storm.. The digital extreme was the best I ever bought. An SSD and a good graphics card are a must. If you’ve gone so long without upgrading I would see midrange being fine for you. Check out the components at your ...
by mhalley
Thu Nov 14, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Asset allocation for 50 year retirement?
Replies: 21
Views: 2457

Re: Asset allocation for 50 year retirement?

I don’t think it’s that bogleheads don’t like real estate, it’s that most don’t want a second job. If you like being a landlord and have Good income from it, great. With that much passive income, I imagine any portfolio over 30% stocks should be fine.
by mhalley
Thu Nov 14, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Is LastPass still top in security, any reason to switch?
Replies: 44
Views: 4432

Re: Is LastPass still top in security, any reason to switch?

I don’t like the idea of my passwords being in the cloud, so I use keepass.
by mhalley
Thu Nov 14, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: Forgot to pay Kohl's bill for two months, consequences?
Replies: 36
Views: 2323

Re: Forgot to pay Kohl's bill for two months, consequences?

How late was the payment? A 30 day late reported to the credit bureaus could result in a 100 pt decrease. A late payment charge doesn’t mean it will be reported.

https://www.nerdwallet.com/blog/finance ... -reported/

I know kohl’s has some good rewards, but I second dumping it.
by mhalley
Thu Nov 14, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1479

Re: Why would a CPFA recommend high fee funds?

This post contains a sample letter to campaign for a better 401k. You might need to edit the part about spartan funds.
viewtopic.php?t=7573
by mhalley
Thu Nov 14, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: too late for additional life insurance?
Replies: 12
Views: 998

Re: too late for additional life insurance?

Having the majority of your life insurance tied into your job is not a good idea. If you lose your job, change jobs, or become disabled you could become uninsurable. If you fail to disclose a medical problem when applying for life insurance your claim could be denied. So I would get checked by your ...
by mhalley
Thu Nov 14, 2019 12:49 am
Forum: Personal Consumer Issues
Topic: Question on product ratings...(Amazon and Google)
Replies: 7
Views: 476

Re: Question on product ratings...(Amazon and Google)

You want to continue to look at something like a pc mag or pc world etc review and take many others with a BLOCK of salt. Many of those 1 star reviews are probably due to people that are very tech challenged. Networking can be one of the most difficult things to setup properly. https://www.pcmag.com...
by mhalley
Thu Nov 14, 2019 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Catch up HSA
Replies: 2
Views: 343

Re: Catch up HSA

1. Yes
2. Just the normal Hsa paperwork I think you put the extra 1k on line 7.

https://www.irs.gov/instructions/i8889
https://www.irs.gov/pub/irs-pdf/f8889.pdf
by mhalley
Thu Nov 14, 2019 12:30 am
Forum: Personal Investments
Topic: My 401k Investment Strategy vs. The Experts
Replies: 7
Views: 845

Re: My 401k Investment Strategy vs. The Experts

Bogleheads will generally be against high fees. 0.9% plus the fees of the underlying funds is way too much. Active fund management overall underperforms passive. Sure, you can comb through Morningstar and find funds that outperform, but inevitably reversion to the mean occurs and they either underpe...
by mhalley
Wed Nov 13, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Collection Calls Right After Death
Replies: 35
Views: 2786

Re: Collection Calls Right After Death

I would imagine six years is beyond the statute of limitations in most of states, so even if legit could not be collected. Check your state here https://www.incharge.org/understanding-debt/credit-card/what-is-statute-of-limitations-all-50-states/ Many states have a six year statute, which could be a...
by mhalley
Wed Nov 13, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Hearing Aid Question
Replies: 5
Views: 567

Re: Hearing Aid Question

No personal experience, but have heard Clark Howard talk about mdhearingaid products. They have a 45 day return policy if not satisfied.
They have multiple models ranging from $400 to $1200

https://www.mdhearingaid.com/en/content ... omparisons
by mhalley
Wed Nov 13, 2019 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC impact on credit score
Replies: 2
Views: 316

Re: HELOC impact on credit score

From valuepenguin Will an unused HELOC negatively impact my credit? Leaving a HELOC idle and at a zero balance has no effect on your credit report. Once you absorb the hit to your score for the inquiry and opening the account, there shouldn’t be any other impact, according to Bruce McClary, vice pre...
by mhalley
Wed Nov 13, 2019 1:20 am
Forum: Personal Investments
Topic: SIL retirement puzzle
Replies: 49
Views: 3471

Re: SIL retirement puzzle

Zero. At an optimistic 4% safe withdrawal rate, 413k can only generate $1376 a month. What’s the SS outlook?