Search found 64 matches

by uncaD
Thu Oct 10, 2019 5:38 pm
Forum: Personal Investments
Topic: Sell Vanguard New York Long-Term Tax-Exempt Fund when move out of NY?
Replies: 17
Views: 997

Re: Sell Vanguard New York Long-Term Tax-Exempt Fund when move out of NY?

When I moved out of NY in 2015, Vanguard forced me to sell it.
by uncaD
Thu Nov 29, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Finally cutting cable -- is 40mbps enough for streaming services?
Replies: 40
Views: 4776

Re: Finally cutting cable -- is 40mbps enough for streaming services?

Will you be streaming live sports? I found that watching hockey at 30mps the feed would get pretty choppy, but no issues at 100mps
by uncaD
Tue Oct 30, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Kevin O'Leary: owning a car is a terrible idea
Replies: 43
Views: 3553

Re: Kevin O'Leary: owning a car is a terrible idea

Costly to own and operate? How did you come to that conclusion? It costs money to purchase one and to run it. My Bosch fridge is "upper middle" on the scale of kitchen appliances - cost me about USD 500-600 -- that's with 20% retail Value Added Tax. I pay an electricity price which is up there with...
by uncaD
Tue Oct 30, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Kevin O'Leary: owning a car is a terrible idea
Replies: 43
Views: 3553

Re: Kevin O'Leary: owning a car is a terrible idea

You could say the same thing about a refrigerator, but I still need one. That would be reasoning by false analogy: 1. fridges don't require a lot of maintenance 2. electricity, particularly for Americans, is pretty cheap 3. by allowing preservation of food, fridges save people money* The argument r...
by uncaD
Tue Oct 30, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Kevin O'Leary: owning a car is a terrible idea
Replies: 43
Views: 3553

Re: Kevin O'Leary: owning a car is a terrible idea

You could say the same thing about a refrigerator, but I still need one.
by uncaD
Sun Sep 16, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: SEC Settlement Distribution - Tax Implications?
Replies: 9
Views: 580

Re: SEC Settlement Distribution - Tax Implications?

Gill wrote:
Sun Sep 16, 2018 3:51 pm
OP, you have a long term capital gain in 2018 of the full amount received. Nothing else needs to be done.
Gill
Ok thanks, I won't worry about it until then.
by uncaD
Sun Sep 16, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: SEC Settlement Distribution - Tax Implications?
Replies: 9
Views: 580

SEC Settlement Distribution - Tax Implications?

Hi Bogleheads, I recently received a check for almost $2k as part of the SEC settlement with BP relating to the Deepwater Horizon oil spill in spill in 2010. From what I can gather, the settlement distribution itself is not taxable, but the cost basis of my BP stock should be reduced by the amount o...
by uncaD
Thu Jun 21, 2018 7:07 am
Forum: Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5952

Re: How much of your taxable holdings is unrealized capital gains?

30% of taxable is unrealized gains, $0 in loss carryover
by uncaD
Tue Jun 19, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 14327

Re: Retire at 50: Should I?

If I aim for $64,000 of income through dividends, Roth conversions and capital gains, I think my federal taxes will be about $4500. How did you come up with this estimate? You should be able to manage your fed taxes down $0 at this income level That was from a the taxfoundation.org online calculato...
by uncaD
Tue Jun 19, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 14327

Re: Retire at 50: Should I?

EricJ wrote:
Mon Jun 18, 2018 5:56 pm
If I aim for $64,000 of income through dividends, Roth conversions and capital gains, I think my federal taxes will be about $4500.
How did you come up with this estimate? You should be able to manage your fed taxes down $0 at this income level
by uncaD
Tue Mar 20, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 249
Views: 40065

Re: Those with high savings rate: why?

Because accumulated wealth buys me (1) security and (2) options, two things that I value highly.
by uncaD
Sat Jan 06, 2018 11:25 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 160
Views: 19054

Re: Misuse of adverse when averse was meant

roymeo wrote:
Fri Jan 05, 2018 6:59 pm
If people do it wrong enough, it becomes correct.
Exactly. I get the feeling that the word "fewer" is in the process of disappearing from the English language, for example.
by uncaD
Sun Nov 12, 2017 12:49 pm
Forum: Personal Investments
Topic: Is my employers 3rd party administrator correct about VG expense ratios?
Replies: 9
Views: 1102

Re: Is my employers 3rd party administrator correct about VG expense ratios?

Yes, he's correct. It'll be clear if you translate percentages into dollars and cents: Say you had $100 to invest: $50 to Mid Cap at .08% = $.04 in expenses $50 to Small Cap at .06% = $.03 in expenses So $0.07 (7 cents) total in expenses. The overall expense ratio is $0.07/$100 = .07% However, he is...
by uncaD
Fri Sep 22, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 11994

Re: Age you retired

Retired at 45 in 2013
by uncaD
Thu Sep 21, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 82
Views: 7150

Re: Uplifted Driveway = No Home Owners Policy ?!

stockfuturist wrote:
Wed Sep 20, 2017 1:51 pm
$5-10K
Would it really cost that much to fix the problem? I've lived in condos all of my adult life so I have no clue about how much home repairs cost, but that seems like a lot.
by uncaD
Thu Sep 07, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 69617

Re: Name something you had to have and now you regret purchasing it?

All the physical books we've purchased over the years. I finally got rid of most of them during our last cross-country move. I'm now basically down to a Kindle and a library card.
by uncaD
Thu Sep 07, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 10891

Re: Do retiree BHs actually run down their portfolios?

Retired 4 years ago, and portfolio is up 24%. WR is now sub-2%
by uncaD
Wed Sep 06, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 14842

Re: When calculating net worth, how do you value your house?

I have always just used our cost basis in my spreadsheet. We haven't lived in any place for more than a few years, though.
by uncaD
Fri Jun 09, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 54713

Re: Regret early retirement/downsizing

I retired in 2013 at 45. The ONLY thing I ever feel any regret about is how much more money I would have now if I didn't - so I know it was the right decision.
by uncaD
Fri Jun 09, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 113
Views: 16116

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

No, but I do feel like I missed out on Bitcoin....
by uncaD
Fri Apr 21, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: What to do with books
Replies: 16
Views: 1819

Re: What to do with books

I have piles of hard cover and some paperback books from the last decade or so. Many are finance related but not all. Is their a way to ship them all to Amazon and have them sell for me? Seems like listing them one by one and selling them will not be worth the effort and mostly the profit gets offs...
by uncaD
Sat Feb 25, 2017 3:48 pm
Forum: Personal Investments
Topic: "Simple" question about compounding
Replies: 28
Views: 3262

Re: "Simple" question about compounding

1030danielle wrote:
So as long as these monies are in the same account, then compounding can work for me .., right?
:oops:
As long as your money remains invested then compounding can work for you. It doesn't have to stay in the same account, it just has to remain invested.
by uncaD
Sun Jan 08, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 41819

Re: Chase Sapphire Reserve: Too good to be (completely) true

cholan wrote:This card is the best of all possible cards. (with apologies to Leibniz)
But what would Voltaire think of this card?
by uncaD
Wed Dec 28, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 13468

Re: How to get rid of your belly........

Tycoon wrote:Calories in < Calories burned
This is all there is to it. I'll add, though, that it is much easier (in my personal experience) to avoid consuming a given number of calories than it is to burn off the same number.
by uncaD
Wed Dec 21, 2016 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to the USA one year ago, how to build credit?
Replies: 12
Views: 1384

Re: Moved to the USA one year ago, how to build credit?

When I moved from Canada 17 years ago, my Canadian credit history was either not available or not of interest to US creditors. Open whatever credit account you can as soon as possible, because the length of your credit history is an important factor in your FICO score and you're starting from zero.
by uncaD
Fri Nov 11, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to retire early (in your 30s or 40s)?
Replies: 173
Views: 33748

Re: How to retire early (in your 30s or 40s)?

Don't mean to sidetrack the thread, but just curious those who will be retiring in 30's and 40's plan to do for the next 40-50 yrs. of their lives? I'm trying to figure out if these folks have a plan already or just going to wing it after retirement. I retired 3 years ago at 45. No plan, just wingi...
by uncaD
Thu Nov 03, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: How to retire early (in your 30s or 40s)?
Replies: 173
Views: 33748

Re: How to retire early (in your 30s, 40s, 50s)?

awizard wrote: The only solution I see is to have a savings rate that is gigantic.
Or, to have a high income.
by uncaD
Thu Sep 29, 2016 8:23 pm
Forum: Personal Consumer Issues
Topic: Where/how do Bogleheads get their tires inflated?
Replies: 97
Views: 10418

Re: Where/how do Bogleheads get their tires inflated?

Bicycle pump. I get the job done and burn some calories at the same time.
by uncaD
Wed Sep 07, 2016 4:12 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my 6 year old plasma TV?
Replies: 81
Views: 23606

Re: Should I upgrade my 6 year old plasma TV?

Our circa-2003 (2004?) 41" Panasonic plasma is still going strong. I wouldn't consider replacing it as our main TV until 55" OLEDs are in the $700 range or so.
by uncaD
Mon Aug 29, 2016 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have just a regular ol' Savings Account?
Replies: 28
Views: 4527

Re: Anyone have just a regular ol' Savings Account?

My "emergency fund" and all of my "reserve accounts", such as for car replacement and major home expenses, are merely entries in an excel sheet. I have substantial taxable assets, though, and I don't feel the need to keep separate cash buckets to cover particular expenses.
by uncaD
Fri Jul 22, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 355
Views: 35204

Re: Early retirees, how much did you leave on the table?

I was making high 6 figures when I retired 3 years ago at 45. I don't even want to hazard a guess at how many millions I would have accumulated if I waited to retire at a more "normal" age. No regrets.
by uncaD
Wed Jul 13, 2016 9:31 am
Forum: Personal Consumer Issues
Topic: Do you tip Uber drivers?
Replies: 49
Views: 13213

Re: Do you tip Uber drivers?

No. I give them a 5-star rating.
by uncaD
Sun May 15, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 30193

Re: Rich But Middle Class

yikes
by uncaD
Thu Apr 14, 2016 12:49 pm
Forum: Personal Consumer Issues
Topic: My neighborhood is too quiet (and no kids)
Replies: 44
Views: 8412

Re: My neighborhood is too quiet (and no kids)

As someone who has lived in dense urban areas for the past 17 years, this sounds like heaven.
by uncaD
Mon Jan 11, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1584
Views: 172275

Re: Netflix, Your Current Favorite Show

Continuum, if you're into SciFi and time travel and all that.
by uncaD
Wed Oct 14, 2015 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fair share of expenses for spouses?
Replies: 100
Views: 12153

Re: Fair share of expenses for spouses?

DW and I have always maintained three separate sets of accounts (checking, credit cards, investments): his, hers, and joint. When we were both working, we each contributed a fixed percentage of our base salaries to the joint checking account to pay for joint expenses or to be invested in the joint i...
by uncaD
Wed Sep 23, 2015 9:00 am
Forum: Personal Consumer Issues
Topic: Amazon Prime is $67 for New Members Friday
Replies: 51
Views: 6318

Re: Amazon Prime is $67 for New Members Friday

Pretty much everything I buy these days I buy from Amazon. I couldn't imagine not having Prime at this point.
by uncaD
Sat Aug 22, 2015 3:27 pm
Forum: Personal Consumer Issues
Topic: Online clothing shopping?
Replies: 16
Views: 2223

Re: Online clothing shopping?

Amazon now for pretty much everything.
by uncaD
Fri Aug 21, 2015 5:41 pm
Forum: Personal Consumer Issues
Topic: Visiting New York City this weekend. What pizza should I try?
Replies: 55
Views: 6785

Re: Visiting New York City this weekend. What pizza should I try?

Ray's. Original Ray's. Famous Ray's. Famous Original Ray's. They're all good...
by uncaD
Fri Jul 31, 2015 5:18 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 117
Views: 15175

Re: Retirees: Questions you hate being asked

Yes, that's the same question I get asked a lot and it too is a pet-peeve of mine. I usually answer it with a question: "What do you do on Saturdays?, because that's what I do everyday!" I think a good answer is "whatever I want to" lol I just say "whatever I feel like", and I find that tends to en...
by uncaD
Wed Jul 29, 2015 7:37 pm
Forum: Personal Consumer Issues
Topic: Recommendations on a cheap commuter car
Replies: 43
Views: 5249

Re: Recommendations on a cheap commuter car

I recently bought a used 2014 Nissan Versa from Hertz. It was several thousand less than a Civic, and I'm averaging about 38mpg.
by uncaD
Fri Jul 24, 2015 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy and renters insurance pre-requisite
Replies: 6
Views: 948

Re: Umbrella policy and renters insurance pre-requisite

My experience was that at liability-only policy with $100k of liability was more expensive than a renter's policy with $300k of liability and the minimum personal property coverage and highest deductible. This was with the same company.
by uncaD
Sun Jul 19, 2015 3:57 pm
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 5253

Re: When did you start investing in the Market?

July 1990, a couple months after graduating college and starting my first real job.
by uncaD
Sat May 16, 2015 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 169
Views: 40781

Re: How much does social security factor into your retirement income?

Zilch. I'm 47 and already retired. If I get anything out it it will just be gravy.
by uncaD
Tue Oct 14, 2014 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on getting out [of job]
Replies: 42
Views: 8145

Re: Thoughts on getting out [of job]

Get out now, and do what it takes to make do with what you have. Life is way too short.
by uncaD
Sat Oct 11, 2014 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to a tax free state with good weather need advice
Replies: 97
Views: 11435

Re: Relocating to a tax free state with good weather need ad

Consider states like Arizona and Colorado that have (low-ish) income taxes but have much lower property taxes than states with no income taxes like Texas and Florida.
by uncaD
Tue Sep 16, 2014 4:57 pm
Forum: Non-US Investing
Topic: RRSP withdrawal or convert to 401k
Replies: 5
Views: 1361

Re: RRSP withdrawl or convert to 401k

Agree with ArthurO - best option is to leave it and forget it until you retire. Note that you will have to file IRS form 8891 with your taxes every year (this form is included in TurboTax, but not in H&R Block's software). Separately, you will also have to file form TD F 90-22.1 with the US Treasury...