Search found 1417 matches

by samsoes
Wed May 27, 2020 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Best source of 25k needed for settlement
Replies: 10
Views: 1028

Re: Best source of 25k needed for settlement

A small mortgage or equity loan/line on the condo (not the current residence) so the interest will be deductible as acquisition debt.
by samsoes
Tue May 26, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Cross country road trip from MA to Glacier NP and Yellowstone NP
Replies: 45
Views: 2170

Re: Cross country road trip from MA to Glacier NP and Yellowstone NP

Not considering the COVID-19 situation, this seems like an incredibly stressful trip.
I suggest you watch or re-watch the 1983 classic "National Lampoon's Vacation" with Chevy Chase.
by samsoes
Thu May 14, 2020 4:56 pm
Forum: Personal Investments
Topic: Lost Job Temporarily -- Sell Brokerage?
Replies: 19
Views: 1817

Re: Lost Job Temporarily -- Sell Brokerage?

Sorry, changed my name a while back here for more anonymity since it's discussing finances and I'm publicly searchable . . . for some reason my phone was logged into the old account :(. I suggest you ask the mods to clean-up the posts you made under the wrong name before a Google search spills the ...
by samsoes
Thu Apr 30, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17350

Re: Quitting a job after two weeks: relocation expenses

That's no way to live. Leave now. If you continue at this place, it will put you in the hospital. Once your free of it and some time had passed, it will be water under the bridge.
by samsoes
Sat Apr 25, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: Italian traffic fine with U.S. debt collector-revisited?
Replies: 26
Views: 2649

Re: Italian traffic fine with U.S. debt collector-revisited?

Pay the collection agency $10 per month and forget about it. Easily the worst advice in this thread. This accomplished nothing except making the collection agency richer by $10 a month and your poorer by $10. The collection agency will take advantage of this in a heartbeat. OP please ignore this ho...
by samsoes
Sat Apr 25, 2020 9:38 am
Forum: Personal Consumer Issues
Topic: Italian traffic fine with U.S. debt collector-revisited?
Replies: 26
Views: 2649

Re: Italian traffic fine with U.S. debt collector-revisited?

Pay the collection agency $10 per month and forget about it.
by samsoes
Sat Apr 25, 2020 6:50 am
Forum: Personal Investments
Topic: May have to spend ENTIRE taxable account. Sell all stocks?
Replies: 20
Views: 3311

Re: May have to spend ENTIRE taxable account. Sell all stocks?

Due to the current economic crisis and health issues, I may have to spend my entire taxable account over the next five years in order to reach social security eligibility. My current allocation in taxable is 30/70. I am debating whether I should sell all my stocks and move the funds to cash and/or ...
by samsoes
Sat Apr 25, 2020 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Take Social Security now, at 66, during Corona-virus?
Replies: 61
Views: 4965

Re: Take Social Security now, at 66, during Corona-virus?

I vote to take it now. Although SS is actuarially neutral, in these uncertain times one cannot be too presumptuous. "A bird in the hand," so to speak. There were many folks your age who, 2 months ago, were otherwise healthy and now have succumbed to COVID-19. And since you are single, there is no sp...
by samsoes
Wed Apr 15, 2020 6:24 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio: ‘you’d be pretty crazy to hold bonds’ right now
Replies: 128
Views: 13155

Re: Ray Dalio: ‘you’d be pretty crazy to hold bonds’ right now

Sounds like he's long equities and wants you to hop on and pump them up for him. Do your civic duty and inflate the bubble man! Not true at all. Watch this video. He says coronacrash is going to be worse than 2008. https://www.ted.com/talks/ray_dalio_what_coronavirus_means_for_the_global_economy Th...
by samsoes
Wed Apr 15, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: CARES Act Above the Line Charitable Deduction: $300 or $600 for MFJ?
Replies: 30
Views: 2795

Re: CARES Act Above the Line Charitable Deduction: $300 or $600 for MFJ?

Does the $300 "above the line" deduction reduce AGI (as does a CD early withdraw penalty), or is the $300 reduction applied after the AGI line (where taxable income is being calculated but above it)?

I'm asking since AGI is the focal point of the ACA premium tax credit calculation.
by samsoes
Wed Apr 15, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27188

Re: Report when you receive your stimulus check here

Got it today, 4/15. Greatly reduced to a few hundred. Single, retired 8/2019, but had a decent AGI for 2019 based on salary, bonus, ESPP, RSU, etc. This year (2020) income projected to be 20,500 for ACA purposes. Does anyone know if there's a true-up to base the stimulus amount on 2020 AGI when fil...
by samsoes
Wed Apr 15, 2020 7:24 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27188

Re: Report when you receive your stimulus check here

Got it today, 4/15. Greatly reduced to a few hundred. Single, retired 8/2019, but had a decent AGI for 2019 based on salary, bonus, ESPP, RSU, etc. This year (2020) income projected to be 20,500 for ACA purposes. Does anyone know if there's a true-up to base the stimulus amount on 2020 AGI when fili...
by samsoes
Sat Apr 11, 2020 6:23 am
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1750

Re: Holding EF in something other than cash?

During a recent post here about a month ago during the first precipitous drop, and after the second emergency rate cut (sorry, I don't have the link), there was concern about MM funds "breaking the buck," as happened briefly in 2008. The consensus was that in such a potentially unstable and near-cha...
by samsoes
Tue Mar 17, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487088

Re: U.S. stocks continue to soar!

bump.
by samsoes
Sat Mar 14, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: Estimated state tax payments
Replies: 2
Views: 206

Re: Estimated state tax payments

US citizen. Became Michigan resident 1/20/2020 (from Canada). Michigan states it follows IRS guidelines for estimated tax requirement: 90% of your current year's tax liability, or 100% of your previous year's tax liability, or 110% of your previous year's tax liability if your previous year's adjus...
by samsoes
Thu Mar 12, 2020 9:54 am
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

Re: VG/Schwab March estimated dividends

Curious what you do with this info? Planning. I need to show targeted quarterly income for ACA purposes, in-line with the quarterly income targets I provided during enrollment. (State-run exchange requires documentation in order to qualify on an ongoing basis for Premium Tax Credits and Cost Sharin...
by samsoes
Wed Mar 11, 2020 3:46 pm
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

Re: VG/Schwab March estimated dividends

I don't know about Schwab, but Vanguard posts (check back for updates): https://investornews.vanguard/estimated-supplemental-fund-distributions/ Thanks, dh, but that link isn't it (I ran across it in my searches). It refers to supplemental distributions from last year. (SCHB isn't on the list.) The...
by samsoes
Tue Mar 10, 2020 7:29 pm
Forum: Personal Investments
Topic: Could EE bonds doubling time increase?
Replies: 5
Views: 570

Re: Could EE bonds doubling time increase?

Treasury can do whatever they want regarding yet-to-be-purchased EE bonds. Currently held bonds, no.

In all likelihood, since most folks don't hold EE bonds for the full 20 years, no changes will be made.
by samsoes
Tue Mar 10, 2020 7:05 pm
Forum: Forum Issues and Administration
Topic: Did I break the forum?
Replies: 4
Views: 994

Re: Did I break the forum?

dratkinson wrote:
Tue Mar 10, 2020 6:57 pm
^^^ Firefox v2.
Firefox v2 :?: Shocking that still works. I'm on Firefox v73.0.1.
by samsoes
Tue Mar 10, 2020 6:27 pm
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

Re: VG/Schwab March estimated dividends

Curious what you do with this info? Planning. I need to show targeted quarterly income for ACA purposes, in-line with the quarterly income targets I provided during enrollment. (State-run exchange requires documentation in order to qualify on an ongoing basis for Premium Tax Credits and Cost Sharin...
by samsoes
Tue Mar 10, 2020 9:37 am
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

Re: VG/Schwab March estimated dividends

Bump, thanks.
by samsoes
Mon Mar 09, 2020 8:27 pm
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

Re: VG/Schwab March estimated dividends

Curious what you do with this info? Planning. I need to show targeted quarterly income for ACA purposes, in-line with the quarterly income targets I provided during enrollment. (State-run exchange requires documentation in order to qualify on an ongoing basis for Premium Tax Credits and Cost Sharin...
by samsoes
Mon Mar 09, 2020 8:03 pm
Forum: Personal Investments
Topic: VG/Schwab March estimated dividends
Replies: 12
Views: 809

VG/Schwab March estimated dividends

Hi folks, (trying to ignore the turbulence), does anyone know if Vanguard and Schwab have posted estimated March quarterly dividends for ETF's? Specifically VTI/VXUS/SCHB. These estimates are increasingly difficult to find.
Thanks!
by samsoes
Sun Mar 08, 2020 8:01 am
Forum: Personal Consumer Issues
Topic: How to strengthen my immune system
Replies: 4
Views: 831

Re: How to strengthen my immune system

Is there a question here?
by samsoes
Sun Mar 08, 2020 6:50 am
Forum: Personal Finance (Not Investing)
Topic: What USPS “Snail Mail” Option Do You Recommend for Tax Return?
Replies: 57
Views: 3092

Re: What USPS “Snail Mail” Option Do You Recommend for Tax Return?

Slap a stamp on the envelope, drop it in the mailbox, and then forget about it. Taxes done!
by samsoes
Wed Mar 04, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Error
Replies: 10
Views: 907

Re: Turbotax Error

JBTX wrote:
Wed Mar 04, 2020 6:30 pm
It's really not fair to post it has an error if you are unwilling to describe the alleged error.
Agree, wholeheartedly.
by samsoes
Wed Mar 04, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: Would this be considered a wash sale? Selling an ETF for a loss and then buying one of the ETF's component stocks
Replies: 48
Views: 2105

Re: Would this be considered a wash sale? Selling an ETF for a loss and then buying one of the ETF's component stocks

Folks, keep in mind that the words substantially identical means identical in substance . If they are not identical in substance (made of the identical -- exact same -- stuff), they are not substantially identical. There are only two words. Doesn't leave much room for interpretation. (Just my 2 cen...
by samsoes
Tue Mar 03, 2020 9:18 pm
Forum: Personal Investments
Topic: it's better to do Roth conversion in a down market ?
Replies: 31
Views: 2743

Re: it's better to do Roth conversion in a down market ?

vipertom1970 wrote:
Tue Mar 03, 2020 2:07 pm
thank you all, did my first 40K conversion today and got another 22 years to do it.
Congratulations! :beer
by samsoes
Tue Mar 03, 2020 8:19 am
Forum: Investing - Theory, News & General
Topic: Would this be considered a wash sale? Selling an ETF for a loss and then buying one of the ETF's component stocks
Replies: 48
Views: 2105

Re: Would this be considered a wash sale? Selling an ETF for a loss and then buying one of the ETF's component stocks

Folks, keep in mind that the words substantially identical means identical in substance . If they are not identical in substance (made of the identical -- exact same -- stuff), they are not substantially identical. There are only two words. Doesn't leave much room for interpretation. (Just my 2 cent...
by samsoes
Tue Mar 03, 2020 7:14 am
Forum: Personal Investments
Topic: it's better to do Roth conversion in a down market ?
Replies: 31
Views: 2743

Re: it's better to do Roth conversion in a down market ?

Just be careful in the high volatility we are experiencing right now. If you are trying to time the market by converting at a low, you may have to buy back in (once converted) when the market has risen. why is that , I will only be converting around 43K to stay in the 13% bracket ? If you convert s...
by samsoes
Mon Mar 02, 2020 6:47 pm
Forum: Personal Investments
Topic: it's better to do Roth conversion in a down market ?
Replies: 31
Views: 2743

Re: it's better to do Roth conversion in a down market ?

Yes, definitely. You'll be converting and paying tax on shares which are "on sale." You can convert more shares to reach your dollar conversion goal for which you'll pay less income tax per share than you would have a month ago. :moneybag (Bonus points if you have a state income tax.) These addition...
by samsoes
Thu Feb 27, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18828

Re: Who else has sold? If you haven't do you have Plan B?

Right now I'm feeling pretty good about selling on Tuesday (although it would have been better a few days prior). https://www.bogleheads.org/forum/viewtopic.php?f=1&t=304931&p=5044858#p5044858 I suspect that we aren't the only ones who sold. We went to Costco on Tuesday. The market was down a coupl...
by samsoes
Thu Feb 27, 2020 3:54 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18828

Re: who is worried and feels like selling stocks?

"Remember, they aren't taking your shares. Only some of the value is going down." :) one poster mentioned that in his lengthy response. it made me smile and believe in america again things will turn around eventually and the 'value' of those cheap stocks will go up again Whoever is worried and feel...
by samsoes
Wed Feb 26, 2020 1:36 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13448

Re: Do you ever use cash?

Only three kinds of people use cash: Old fashioned people who can't change their habits Paranoid people who think cash is more secure People who fear their spending would go wild with credit cards I can't decide, call me old-fashioned? Our kids put their cash in the collection basked at Church on S...
by samsoes
Fri Feb 21, 2020 7:22 pm
Forum: Personal Investments
Topic: Has Vanguard deteriorated?
Replies: 114
Views: 9845

Re: Has Vanguard deteriorated?

...the whole Vanguard website and computer systems seem outdated. No one knows what upper management's intentions are... ...Vanguard's particular approach to IT which is not as focused on user experience as some other companies... All I can say about IT is that it wasn't Vanguard's website that sho...
by samsoes
Fri Feb 21, 2020 5:45 pm
Forum: Personal Investments
Topic: Has Vanguard deteriorated?
Replies: 114
Views: 9845

Re: Has Vanguard deteriorated?

Vanguard ETFs now trade commission-free at Schwab (and elsewhere). A win-win, the best of both worlds.
by samsoes
Fri Feb 21, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: Laptop becomes comatose
Replies: 24
Views: 2005

Re: Laptop becomes comatose

I'd go into power and sleep and change all screen and sleep settings to never. Try that a few days and see if you still have a problem. If not then it is obviously something related to those. I permanently set sleep and hibernate settings to "never." It's a security risk on a Bitlocker-encrypted ma...
by samsoes
Sun Feb 16, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question
Replies: 21
Views: 1397

Re: Tax Question

Mostly W2 income or are you getting dividends, interest, capital gains, self employment, etc? It's mostly W2 income. I think the only thing (outside of regular raises) that is different lately has been my spouse's bonuses and selling RSUs but I believe they are taxed at receipt? When figuring taxes...
by samsoes
Sat Feb 15, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: How long to obtain Vital Records?
Replies: 14
Views: 751

Re: How long to obtain Vital Records?

DTalos wrote:
Sat Feb 15, 2020 1:50 pm
UpperNwGuy wrote:
Sat Feb 15, 2020 1:34 pm
Which governmental entity?
Not going to reveal which state or county vital records department is handling my request, but just wanted to ask others how long it has taken them in their experience.
Ok, then.
by samsoes
Fri Feb 14, 2020 7:30 pm
Forum: Personal Investments
Topic: Horrible Experience with Vanguard [Login account security]
Replies: 163
Views: 10927

Re: Horrible Experience with Vanguard

I tried to access my online Vanguard account and the site did not recognize my computer. Apparently when I received a Windows update last night, my cookies were deleted. To make matters worse, I moved and changed my phone number on my account over a year ago. However, the phone number for getting a...
by samsoes
Fri Feb 14, 2020 6:03 am
Forum: Personal Investments
Topic: Switching from mutual funds to ETFs for tax reasons?
Replies: 10
Views: 1429

Re: Switching from mutual funds to ETFs for tax reasons?

OP, don't forget about dividend distributions. They are separate and distinct from capital gain distributions. Dividend distributions will be there regardless (ETF or MF).
by samsoes
Tue Feb 11, 2020 8:34 pm
Forum: Personal Investments
Topic: Vanguard vs Schwab - customer service
Replies: 34
Views: 2659

Re: Vanguard vs Schwab - customer service

It's kind of like asking you to choose between your kids. Sure, if you always have one kid's attention, he listens to what you have to say, obeys your rules, and always tells the truth. And the other doesn't hear a word you say while you are speaking to him, you can never get to attention, never re...
by samsoes
Tue Feb 11, 2020 6:42 am
Forum: Personal Consumer Issues
Topic: Microsoft Money Would Not Open This Morning...Windows 10
Replies: 6
Views: 680

Re: Microsoft Money Would Not Open This Morning...Windows 10

Has Windows 10 updated itself in any fashion since the last time Money functioned? If you, try rolling-back that particular update.
by samsoes
Mon Feb 10, 2020 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent credit application blocked by freeze - should I worry?
Replies: 22
Views: 1909

Re: Fraudulent credit application blocked by freeze - should I worry?

Should you worry? What good does worrying ever do?
The correct question to ask is, "should I take action as a result?"
by samsoes
Mon Feb 10, 2020 1:33 pm
Forum: Personal Investments
Topic: 2020 Roth before 2019 conversion
Replies: 4
Views: 269

Re: 2020 Roth before 2019 conversion

Are you referring to a "re-characterization" (dollars already in a Roth -> non-deductible Traditional IRA)?

Roth "conversions" refer to deductible IRA -> Converted Roth (triggering a taxable event), and must be done by 12/31 of the tax year of record.
by samsoes
Fri Feb 07, 2020 10:15 am
Forum: Personal Investments
Topic: Tax question regarding my minor son
Replies: 36
Views: 1621

Re: Tax question regarding my minor son

Let the kid file Federally and document his income. He'll then be able to open a Roth IRA for 2019 and invest the $3000 earnings at an incredibly early age. (Or, you can fund it for him to that amount.) It is unnecessary to file a tax return to establish proof of IRA compensation. A W-2 is more tha...
by samsoes
Fri Feb 07, 2020 9:21 am
Forum: Personal Investments
Topic: Tax question regarding my minor son
Replies: 36
Views: 1621

Re: Tax question regarding my minor son

Let the kid file Federally and document his income. He'll then be able to open a Roth IRA for 2019 and invest the $3000 earnings at an incredibly early age. (Or, you can fund it for him to that amount.)
by samsoes
Wed Feb 05, 2020 5:36 pm
Forum: Personal Consumer Issues
Topic: Can’t reach my doctor
Replies: 8
Views: 1354

Re: Can’t reach my doctor

Always take a doctor's phone call when you are dealing with something acute, meeting or not. Warn the folks in the meeting -- before it starts -- that you may need to step away for a few minutes to deal with an urgent matter.