Search found 813 matches

by samsoes
Sat Sep 15, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 36
Views: 2983

Re: Humidity in basement

Be aware, however, that running a 70 pint dehumidifier adds about $1 to $1.50 per day to your electric bill. In the summer when the a/c is regularly in use is also the peak usage for the dehumidifier, so *ouch*, opening the electric bill from June through Sept is really exciting.
by samsoes
Fri Sep 14, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: High employer contribution, still max 403b before taxable?
Replies: 20
Views: 903

Re: High employer contribution, still max 403b before taxable?

DanEmmy wrote:
Fri Sep 14, 2018 12:59 pm
Is this a no brainer? Or should i get a taxable savings routine started to diversify things a bit?
Thanks!
Yes. It's a no-brainer. As long as there are decent BH style investment choices, max it out regardless of the employer contribution.

You'll be happy you did. :moneybag :mrgreen:
by samsoes
Tue Sep 11, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Working until the end of January for Roth contribution
Replies: 20
Views: 1604

Re: Working until the end of January for Roth contribution

Mickey7 wrote:
Mon Sep 10, 2018 9:50 pm
Unfortunately no. Under state law I could buy an extra year with 50 days, which I easily have, the amount owed would require over 18 years to break even. That would not be a favorable payback.
A year would cost 50 days but would really cost 18 years?

Wait. What? :confused
by samsoes
Sat Sep 08, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 154
Views: 6608

Re: Can Sneakers go with Business Casual?

I've seen full-habit nuns wearing black sneakers.

Just do it.
by samsoes
Sat Sep 08, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 154
Views: 6608

Re: Can Sneakers go with Business Casual?

Absolutely. I wear sneakers with my business casual attire every day.

They can fire me if they want. Go ahead, make my day.
by samsoes
Tue Sep 04, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Wash sale question
Replies: 11
Views: 560

Re: Wash sale question

If the shares you sell in taxable are at a loss you will have a wash sales. The loss is disallowed and the cost basis of the replacement shares should be adjusted accordingly. However since the buy and sell are in separate accounts the broker is relived from making/reporting the adjustment. That la...
by samsoes
Tue Sep 04, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: HVAC annual contracts vs yearly annual cleaning
Replies: 32
Views: 2190

Re: HVAC annual contracts vs yearly annual cleaning

When your furnace isn't working on a bitter cold January night you'll be glad you have the service contract.
by samsoes
Tue Sep 04, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: When do you drop collision insurance?
Replies: 52
Views: 2830

Re: When do you drop collision insurance?

Clark Howard says: "When your yearly cost for C&C [collision and comprehensive] becomes greater than 10% of your car’s current value, that’s the point at which you can remove the full coverage, and just pay the liability premium.  This math is based on the law of averages for accident claim." https:...
by samsoes
Sun Sep 02, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: Wet & Forget for roof algae?
Replies: 13
Views: 1782

Re: Wet & Forget for roof algae?

Wow, I never knew about Wet and Forget. Thank you!
by samsoes
Sun Sep 02, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18017

Re: How to Retire in Your 30's with $1 Million in the Bank

Quit if you can. The only risk is your epitaph reading, "If only I spent more time at the office." That's my fear. Not.
by samsoes
Fri Aug 31, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 45
Views: 2746

Re: Best Checking Account?

Kevin8696 wrote:
Fri Aug 31, 2018 12:54 pm
Who needs wires ? Today's world of ACH is cheap, easy, and free.
I had to use a wire-transfer to payoff my mortgage.
(There's a 100k limit on ACH, I believe.)

It was a great and wonderful day. :beer
by samsoes
Fri Aug 31, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: US Health vs BCBS -- any experience?
Replies: 10
Views: 484

Re: US Health vs BCBS -- any experience?

Be careful - it's not the provider, but the terms of the individual plan itself. Experience with USH or BCBS in general is irrelevant - what matters is the individual plan within USH or BCBS. Coverages could be vastly different within each one, and reimbursement rates to providers can vary wildly.
by samsoes
Thu Aug 30, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?
Replies: 30
Views: 3547

Re: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?

In my younger days as a Emergency Medical Technician, we made a good number of calls to nursing homes. Some are quite nice, others have residents marinating in their own waste for hours and hours, we had an unexplained mid-diaphysis fractured femur on a non-verbal patient, pressure ulcers (bed sores...
by samsoes
Thu Aug 30, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Closing Bank Account - No Confirmation Letter
Replies: 4
Views: 670

Re: Closing Bank Account - No Confirmation Letter

Why do you need proof that the account is closed?
by samsoes
Tue Aug 28, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: not understanding the math
Replies: 22
Views: 3628

Re: not understanding the math

I did go did back work last year because if ACA is gone The ACA is not gone! What has happened is that the penalty tax for not having health insurance was reduced to $0 through the Tax bill via the reconciliation process. The administration also ceased paying cost sharing reimbursements. The oftent...
by samsoes
Sat Aug 25, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff?
Replies: 27
Views: 2591

Re: Mortgage Payoff?

Get rid of the mortgage as soon as you can. The emotional and feeling of security payback can't be beat.

Here's my payoff thread: viewtopic.php?f=2&t=152696&p=2288857#p2288857
by samsoes
Fri Aug 24, 2018 4:04 pm
Forum: Investing - Theory, News & General
Topic: The first million is the hardest?
Replies: 46
Views: 9008

Re: The first million is the hardest?

I worked with a guy once who said he was working on his second million. He said the first million was too hard, so he gave up on it and decided to work on his second million instead.

Food for thought. :mrgreen:
by samsoes
Wed Aug 22, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4102

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Edit - So you feel it is ok for Michigan Taxpayers to supplement your medical costs (expanded Medicaid) despite having at least $700k in assets per your other posts? Why shouldn't he? I take every possible legal deduction and tax break my magnanimous state and federal governments make available to ...
by samsoes
Sat Aug 11, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Sucking up to make more money?
Replies: 46
Views: 2132

Re: Sucking up to make more money?

afan wrote:
Sat Aug 11, 2018 9:32 am
Sucking up is simply part of the job. Like coming to work.
I prefer being a thorn in the side.
by samsoes
Mon Aug 06, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25006

Re: most compelling TV character ever

Hank Hill (King of the Hill). Just an honest, hardworking, conservative family man who is surrounded by whack jobs, including his wife, son, and best friends.

I can relate.
by samsoes
Sun Aug 05, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 7084

Re: Best way to lose $200 in taxable income?

An early withdrawal penalty from a CD. These are above-the-line AGI income reductions. Open a CD, close it soon after, but before it matures. Calculate first what the penalty would be so you at have to do this too many times. This sounds like an excellent idea if it's really true: that a bank can i...
by samsoes
Sun Aug 05, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 7084

Re: Best way to lose $200 in taxable income?

CULater wrote:
Sun Aug 05, 2018 3:53 pm
Unfortunately, I believe that things like gambling losses and charitable contributions don't come off AGI and it's AGI that Medicare Premiums are based on.
See my above post. Open and break a CD. Above the line dediction.
by samsoes
Sun Aug 05, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 7084

Re: Best way to lose $200 in taxable income?

An early withdrawal penalty from a CD. These are above-the-line AGI income reductions.

Open a CD, close it soon after, but before it matures. Calculate first what the penalty would be so you at have to do this too many times.
by samsoes
Wed Aug 01, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Hitting Milestone Early, and the Fiancee Response!
Replies: 20
Views: 4141

Re: Hitting Milestone Early, and the Fiancee Response!

Nissanzx1 wrote:
Wed Aug 01, 2018 10:07 am
Dottie57 wrote:
Wed Aug 01, 2018 9:45 am
How is a Fiancée involved?
+1 used the word "we"

Please be cautious of co-mingling funds with someone you aren't married to. Been there, done that, got the T Shirt. It went badly.
"Separate but equal" is the preferred scenario. If it can't be equal, it still should be separate.
by samsoes
Sat Jul 07, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Experience with Generac or Champion generators
Replies: 9
Views: 610

Re: Experience with Generac or Champion generators

I had a Generac stand-by unit (with a transfer switch) installed in 2014. It has been rock-solid reliable the few times I've lost power, especially during the Nor'easters this spring. My sump pump, furnace, water heater, well pump, lights inside the house were working well while the rest of the neig...
by samsoes
Fri Jul 06, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: sell vti buy vnqi [sell Vanguard Total Stock, buy Global ex-U.S. Real Estate]
Replies: 6
Views: 547

Re: sell vti buy vnqi

Please consider dropping REIT's from your taxable account. Very tax-inefficient, and (for me, when I had them in taxable) the cause of many corrected 1099's and amended returns.
by samsoes
Wed Jul 04, 2018 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Health Care in "Early" Retirement
Replies: 50
Views: 5051

Re: Health Care in "Early" Retirement

Steve - Thanks for your reply. According to the ACA website, losing coverage qualifies you to enroll. So if I just dropped my existing coverage by not paying the premium, I believe I would be permitted to enroll in an ACA plan. Careful - I believe that once COBRA is elected, you cannot switch to AC...
by samsoes
Sat Jun 16, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

chrisjul wrote:
Sat Jun 16, 2018 12:14 pm
Might as well sign for it.....to see what's coming.
Nope. Not a chance.
by samsoes
Sat Jun 16, 2018 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 3140

Re: Job in MA, live in MA, RI, or CT?

FireHorse wrote:
Fri Jun 15, 2018 9:20 pm
Billius wrote:
Fri Jun 15, 2018 5:53 pm
Another CT resident here advising not CT. The wife and are I getting out ASAP when she wraps up with school next year.
Also CT here. Wondering where you are moving to?
Same here. It's paralyzing to try to figure out where to move once achieving FIRE.

Anywhere but Connecticut.
by samsoes
Fri Jun 15, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 3140

Re: Job in MA, live in MA, RI, or CT?

You also have to be very careful due to the issues with foundations in CT. Years ago poorly made concrete is causing houses to be made unlivable due to them crumbling. Great point. Fortunately, my home was built in 1956 and is not affected. Here's more info: https://www.nytimes.com/2016/06/08/nyreg...
by samsoes
Fri Jun 15, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 3140

Re: Job in MA, live in MA, RI, or CT?

bottlecap wrote:
Fri Jun 15, 2018 12:14 pm

Connecticut’s a horror show.
Agreed. Stay away from Connecticut. Skyrocketing taxes, massive state and local budget deficits, brain drain, and corruption. Soon to be a domestic banana republic.

(Born, raised, and a lifelong resident of this cesspool.)
by samsoes
Thu Jun 14, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

There must be a similar dynamic here. If you don't drive down to the post office, stand line, collect the letter--guess what, nobody is going to come to your house and arrest you. You will not lose your court case. You will not be admonished. Nothing will happen. The only thing--you won't know what...
by samsoes
Thu Jun 14, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

Jimbo9911 wrote:
Thu Jun 14, 2018 10:01 am
Goodness gracious.
If someone knocks on your door do you go and hide?
Jim
That's why doors usually have peep-holes and (more recently) cameras can be installed to see who's at the door.
by samsoes
Wed Jun 13, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

I can't believe some people here would refuse to accept a certified letter. One of the ressons previously stated is that the sender is attempting to establish a paper trail. Does anyone here really believe that refusal would serve to disrupt the paper trail? Refusal would be a significant disadvant...
by samsoes
Wed Jun 13, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 79
Views: 6182

Re: Anyone with a paid off house drop homeowners insurance

Every year I have the same dilemma. My home insurance is due for renewal next month. And I just hate writing a check for $700 a year for a house appraised at approx. $240,000 when I could self insure if the whole thing burned down. And I basically I don't trust insurance companies, they are out to ...
by samsoes
Wed Jun 13, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

I can't believe some people here would refuse to accept a certified letter. One of the ressons previously stated is that the sender is attempting to establish a paper trail. Does anyone here really believe that refusal would serve to disrupt the paper trail? Refusal would be a significant disadvant...
by samsoes
Wed Jun 13, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: No Roth 401k - Workaround?
Replies: 9
Views: 848

Re: No Roth 401k - Workaround?

Asking for a friend who just got a new job with a 401k, but no roth option. Can he do in-service rollovers to IRA and then convert to Roth as a work around? Any potential issues with this route? 1) Contribute maximum to traditional 401k 2) Do an in-service roll over (prior to the end of the year) t...
by samsoes
Wed Jun 13, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17361

Re: Should I take possession of a certified mail?

If it were me,I wouldn't accept the letter.

What good news has ever come from an unexpected certified letter, except perhaps from the estate attorney of a rich relative?
by samsoes
Wed Jun 13, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Convert Taxable account to Roth IRA to avoid wash sale?
Replies: 14
Views: 702

Re: Convert Taxable account to Roth IRA to avoid wash sale?

Is it a good idea for me to request the firms to convert my current taxable account in to a Roth IRA? Because the money invested in the taxable account is already post-tax, i thought it might fit the Roth requirement. There is a maximum contribution level of $5500 per year ($6500 after age 50) into...
by samsoes
Fri Jun 01, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Value of Umbrella Insurance Policy
Replies: 18
Views: 2105

Re: Value of Umbrella Insurance Policy

Be aware that an Umbrella policy does not protect assets. That's a misconception.

If you have $1M in assets and a $1M Umbrella policy, that just puts $2M up for grabs in a lawsuit.
by samsoes
Thu May 31, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help, Huge Decision
Replies: 26
Views: 4473

Re: Please Help, Huge Decision

Is the $10k Money Market in a tax-advantaged account (IRA, 401k, 403b, etc.), or is it in a regular taxable account?
by samsoes
Thu May 31, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

We are moving in a few weeks. At my new place I will replace my tplink with google mesh for further security "Google security" is an oxymoron. They already know more about you than anyone else. Don't give them control of your network as well. I'm trying g to de-googlize myself the best I can. I dis...
by samsoes
Wed May 30, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

Many devices fail the POST (Power On Self Test) when powering on. We had this problem at Megacorp whenever a piece of networking equipment had to be powered-down for whatever reason. Oftentimes one of them just wouldn't come back up. Having designed and written a good many POST: if the system fails...
by samsoes
Wed May 30, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

They already know more about you than anyone else. That is more of a privacy issue. Do you have any reason to believe Google hardware is less secure? Yes. Google monetizes us anyway they can. Allowing them to control one's home network is just gives them more opportunity to collect data to increase...
by samsoes
Wed May 30, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

Many devices fail the POST (Power On Self Test) when powering on. We had this problem at Megacorp whenever a piece of networking equipment had to be powered-down for whatever reason. Oftentimes one of them just wouldn't come back up. Having designed and written a good many POST: if the system fails...
by samsoes
Wed May 30, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

They already know more about you than anyone else. That is more of a privacy issue. Do you have any reason to believe Google hardware is less secure? Yes. Google monetizes us anyway they can. Allowing them to control one's home network is just gives them more opportunity to collect data to increase...
by samsoes
Wed May 30, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 9594

Re: Router hack, have you acted?

jayk238 wrote:
Wed May 30, 2018 9:28 am
We are moving in a few weeks. At my new place I will replace my tplink with google mesh for further security
"Google security" is an oxymoron. They already know more about you than anyone else. Don't give them control of your network as well. I'm trying g to de-googlize myself the best I can.