Search found 852 matches

by samsoes
Sun Nov 18, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 35
Views: 2693

Re: Black Friday 2018

None. I don't succumb.
by samsoes
Sun Nov 18, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: 23 Fund Managed Portfolio: Is this normal?
Replies: 13
Views: 686

Re: 23 Fund Managed Portfolio: Is this normal?

I think she really screwed up, and I've warned her about these fees, but she is not listening. I think she realizes she screwed up, but for whatever reason doesn't want to go back to the index portfolio that I helped her with (and which has NO management fees!). She's an adult and can make her own ...
by samsoes
Sun Nov 18, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Warm winter vacation
Replies: 25
Views: 2066

Re: Warm winter vacation

TravelGeek wrote:
Sat Nov 17, 2018 1:19 pm
What’s your definition of warm?
Above the temperature level which H2O changes state from liquid to solid.
by samsoes
Fri Nov 16, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: Mouse in the house
Replies: 32
Views: 2057

Re: Mouse in the house

I had a mouse problem last year. I used snap traps, an exterminator (bait stations and 6-month re-inspection/re-bait, all for about $275), and a home energy audit which sealed-up all holes. (The little vermin detect heat escaping from the house and travel up the foundation, under the siding and ente...
by samsoes
Thu Nov 15, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: PPO or HSA
Replies: 18
Views: 1552

Re: PPO or HSA

No out-of-pocket (or out-of-paycheck) cost for your share of the premiums in either case? That'll take the wind out of the sails of the pro-HDHP calculation in a hurry.

Please confirm.
by samsoes
Sun Nov 11, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Do I Need A Credit Score?
Replies: 24
Views: 1057

Re: Do I Need A Credit Score?

Credit scores weigh heavily when determining car insurance rates.

One would think that a creditworthiness rating would be a reflection on a person’s ability to manage and service personal debt, not the ability to safely brake on an icy road surface; but, it is what it is.
by samsoes
Wed Nov 07, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1410

Re: Penalty of $2300 on 9-month CD held for 2 months?

Have you checked the terms and agreement document which should have been received when the CD was opened? Or the Deposit Account Disclosures for the institution in general? Far as I know, I didn't receive anything from them. This was a rollover from a maturing CD into a 9-month CD at the credit uni...
by samsoes
Wed Nov 07, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1410

Re: Penalty of $2300 on 9-month CD held for 2 months?

Have you checked the terms and agreement document which should have been received when the CD was opened? Or the Deposit Account Disclosures for the institution in general?
by samsoes
Wed Nov 07, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5021

Re: New job concerns

If it's showing itself to be a potential hell-hole (lies, longer hours than expected, etc.), get out now.

To paraphrase a movie tag line, "In hell, no one can hear you scream."
by samsoes
Fri Nov 02, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3189

Re: Have my first busted trades today

Don't try to time the market.
by samsoes
Fri Nov 02, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7630

Re: I Bond fixed rate = 0.5%

I, too, have already bought my 10k worth back in June. Since rates seem to be increasing, I'm going to buy 5k early in 2019 and another 5k after the May rate change (just to hedge). Perhaps I'll heave a few grand as an estimated tax payment before Jan 15 and get paper bonds for my tax refund using f...
by samsoes
Fri Oct 19, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: End of Life Expenses
Replies: 6
Views: 1192

Re: End of Life Expenses

That's what money is for. You can't take it with you.
by samsoes
Thu Oct 18, 2018 6:40 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8520

Re: When to change tires; and what brand

Curious 1. When do you guys change tires ? I know that tire tread depth is 8/32 mm for a brand new tire and 2/32 mm for a completely bald tire. The tire shops try to scare you into buying new tires even at 5/32 mm. I myself have been buying as soon as they dip below 3/32 mm. I bought a electronic t...
by samsoes
Tue Oct 16, 2018 4:35 am
Forum: Personal Consumer Issues
Topic: Attempted fraud against my frozen credit - Need I do more?
Replies: 9
Views: 1708

Re: Attempted fraud against my frozen credit - Need I do more?

If you haven't already, please consider freezing your ChexSystems report. Then the fraudsters won't be able to open a bank account in your name/ssn, either. (A fraudulent bank account in your name could be used for all sorts of nefarious purposes, including money laundering, which would cause you tr...
by samsoes
Mon Oct 15, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: How do you buy a mattress ?
Replies: 31
Views: 2451

Re: How do you buy a mattress ?

Go into a store and lay on them. Remember, some things it's better to buy in person rather than online. Sleep is that important.

In addition, mattress/box spring prices are oftentimes negotiable, just like a car dealer.
I learned that the hard way. :oops:
by samsoes
Mon Oct 15, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: Failing Updates With Windows 7 Professional
Replies: 16
Views: 801

Re: Failing Updates With Windows 7 Professional

After a recent Windows 10 update disaster, I swapped to a spare hard drive with an old Windows 7 installation and valid license onto the same laptop.

So, Microsoft will now have to pry my now perfectly-running Windows 7 installation from my cold, dead hands.
by samsoes
Sat Oct 13, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP vs. Mega Backdoor Roth
Replies: 19
Views: 496

Re: ESPP vs. Mega Backdoor Roth

FIcasey wrote:
Sat Oct 13, 2018 12:09 pm
I could split the $27,250, but why? What is the advantage of that?
What's the significance of the amount $27,250?
by samsoes
Fri Oct 12, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: Water Coming from Ceiling...plumber or AC?
Replies: 7
Views: 788

Re: Water Coming from Ceiling...plumber or AC?

Plumber.

A plumber can fix a clogged AC condensation drain tube, but an HVAC tech can't fix a broken water or sewage waste line.
by samsoes
Wed Oct 10, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Can I avoid a wash sale by selling in Roth IRA first?
Replies: 2
Views: 323

Re: Can I avoid a wash sale by selling in Roth IRA first?

You are correct.

Keep all trade confirmations for the shares involved in both accounts, however, in case Uncle IRS comes calling with questions.
by samsoes
Wed Oct 10, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Between Jobs: Obamacare vs COBRA?
Replies: 30
Views: 1583

Re: Between Jobs: Obamacare vs COBRA?

Contrary to media hype, no changes have been made in ACA coverage (pre-existing conditions, or anything else). What has changed is the money machinations behind the scenes which cause premiums to rise sharply and may result in insurers leaving the marketplaces. If you keep your MAGI in the sweet-spo...
by samsoes
Wed Oct 10, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7841
Views: 1609735

Re: Stocks tumbling?

Interest rates, specifically the 10 year treasury rate, are rising due to a robust economy. This makes business' cost if borrowing higher, thus reducing profitability to a degree.

Once equilibrium has been reached, this, too, shall pass.

Buy! :moneybag
by samsoes
Mon Oct 08, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Plan For Depleting Your Investments If No Heirs?
Replies: 39
Views: 4736

Re: Plan For Depleting Your Investments If No Heirs?

Leave it all to the 4th person who signed page 3 of the guest book at your wake.
by samsoes
Thu Oct 04, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: How is the ACA penalty calculated for 2018?
Replies: 10
Views: 998

Re: How is the ACA penalty calculated for 2018?

As you know, recent legislation reduced the ACA penalty to $0 for 2019. (The mandate and penalty technically still exist, but the penalty amount will be reduced to $0 starting next year). For 2018, the old rules still apply regarding the penalty, however, the President has given direction to the IRS...
by samsoes
Wed Oct 03, 2018 6:02 am
Forum: Personal Finance (Not Investing)
Topic: credit card apps (real time notification)
Replies: 9
Views: 628

Re: credit card apps (real time notification)

Capital One's app gives instant notifications as well.
by samsoes
Tue Oct 02, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why isn't qualification for the Affordable Care Act means-tested?
Replies: 10
Views: 853

Re: Why isn't qualification for the Affordable Care Act means-tested?

Kennedy wrote:
Tue Oct 02, 2018 2:22 pm

How is it fair that a family can have a net worth of $2M and still qualify for free or heavily subsidized health care per the ACA? Justin from Root of Good is a perfect example.
Who is Justin from Root of Good?
by samsoes
Tue Oct 02, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Why isn't qualification for the Affordable Care Act means-tested?
Replies: 10
Views: 853

Re: Why isn't qualification for the Affordable Care Act means-tested?

I do not understand why subsidies for health insurance per the ACA are not means-tested. What is the rationale behind that? To qualify for long-term nursing home care paid by Medicaid, one can have only $2000 in assets (with a few exceptions). Aren't the two analogous? How is it fair that a family ...
by samsoes
Tue Oct 02, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7496

Re: Bonds... Why do people bother with them. ?

TheAccountant wrote:
Mon Oct 01, 2018 4:06 pm
How many people on here were 100% stocks in 2008?
Me. Didn't sell anything. Maxed-out 403(b) in the new job in the midst of the free-fall. It paid-off handsomely.

(I also didn't refresh my Quicken stock prices for almost a year.)
by samsoes
Tue Oct 02, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Long term capital gains tax deferral
Replies: 7
Views: 502

Re: Long term capital gains tax deferral

Also to be considered is the effect of AGI on the amount of SS which becomes taxable, and ACA/Medicare premiums, if applicable.
by samsoes
Mon Oct 01, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: seeking advice: Schwab and Vanguard vs just Vanguard
Replies: 8
Views: 841

Re: seeking advice: Schwab and Vanguard vs just Vanguard

If you do this, be absolutely certain of the cost basis of your taxable holdings currently at Schwab. Have paper (or pdf) backups of statements, trade confirmations, etc. Some of the fine folks on this site have posted horror stories about Vanguard not carrying-over cost basis/lot information correc...
by samsoes
Sat Sep 29, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Buy I-bonds Oct 2018 for EF? If not, what else?
Replies: 7
Views: 1287

Re: Buy I-bonds Oct 2018 for EF? If not, what else?

Rwsawbones wrote:
Sat Sep 29, 2018 5:13 pm
I bonds have many advantages. In the past a couple could buy as much as $120,000 per year charge the purchase and get frequent flier miles.
As the song from that old TV show goes:
"Those were the days!"
by samsoes
Thu Sep 27, 2018 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Liquidating saving bonds?
Replies: 14
Views: 1228

Re: Liquidating saving bonds?

How old are you? Will the Bond interest adversely impact the taxation of your SS benefits?

Do you need the money?
by samsoes
Wed Sep 26, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a sibling
Replies: 26
Views: 3143

Re: Helping a sibling

So what are you going to suggest then? I dunno, maybe I should post a question on the subject. I really am at sea here. This isn't my child, it's my 50 YO sibling. Admittedly the old family dynamics of the oldest (me) and younger ones listening to me still hangs on but I want to be a helper rather ...
by samsoes
Wed Sep 26, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a sibling
Replies: 26
Views: 3143

Re: Helping a sibling

If they won't delve into the subject matter on their own, and you understandably don't want to be their investment advisor, then I suggest assisting them with the transfer to VG, Schwab, or Fidelity and put them into risk and timeframe appropriate ER target date funds. That's what i did for my siste...
by samsoes
Tue Sep 25, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

Aside from the reasons listed by the good folks above, VNQ's were the sole reason why I had to file amended returns 4 of the past 5 years. Corrections on Return of Capital, Unrecaptured Section 1250 Gain, etc.

Ditch 'em. You'll be glad you did. And good riddance.
by samsoes
Sat Sep 22, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: True cost of a [dental] implant
Replies: 71
Views: 11377

Re: True cost of a [dental] implant

What was the reason you went to work every day? :? Those fees sound pretty standard for my area. Guess I was hoping they would think to do right by their patient instead of just worrying about their bottom line . Stupid me :oops: Are you actually saying this should be done for cost?? No profit?? Wh...
by samsoes
Fri Sep 21, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: True cost of a [dental] implant
Replies: 71
Views: 11377

Re: True cost of a [dental] implant

Am getting an Implant. Impact will run $2500, dentist's cost for crown is $1,300 plus cost of tooth extraction. These are heavy duty costs for a retiree on a fixed income but I need it. These guys really don't care, they are just interested in running their business. What was the reason you went to...
by samsoes
Sat Sep 15, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4211

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: 30
Views: 1450

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: 1747

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: 172
Views: 8689

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: 172
Views: 8689

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: 602

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: 2309

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: 3001

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: 1892

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: 18679

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: 3002

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