Search found 293 matches

by goodenoughinvestor
Tue Sep 15, 2020 3:48 pm
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 74
Views: 6334

Re: Struggling Over whether to Sell my Tesla Stock

OP checking in: Thanks for all the good advice. Today, I sold half of my shares and have stopped thinking about it, so it was the right decision.
by goodenoughinvestor
Tue Sep 15, 2020 10:52 am
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 74
Views: 6334

Struggling Over whether to Sell my Tesla Stock

I know there is another long thread addressing a similar situation but reading through it just increases my agita. In general I am an index-fund, passive investor. But last year when I had a bit of cash in my Roth I bought some Tesla on a whim. I thought/think it is possible that it will become extr...
by goodenoughinvestor
Fri Mar 29, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 8544

Re: Anybody else get a huge tax increase due to SALT deduction changes?

It's weird how the news keeps saying that the middle class got stiffed while the rich gained, but around here it's just the opposite. The politicians in the high tax states keep complaining too, but it seems to mainly hit people in the higher brackets (and million dollar houses), which is not the m...
by goodenoughinvestor
Wed Feb 13, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 37586

Re: [2018 tax return - How does it compare to previous years?]

I will pay $1,000 more, or about 14%, in federal income tax, than I would have if the tax laws hadn't changed. This is due to a combination of the loss of personal exemption and SALT deduction.
by goodenoughinvestor
Sun Dec 02, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 23916

Re: Best values at Costco? Honestly, a little disappointed...

Electronics. The prices are "competitive"--sometimes, but not always, less than everywhere else, but they increase the warranty, returns are a breeze and if you have issues their concierge service will deal with say, Samsung, for you which is a great help.
by goodenoughinvestor
Wed Sep 12, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25% [2018]
Replies: 39
Views: 6827

Re: NASA FCU- 15 month CD 3.25%

An update on my experience, which went very smoothly: 1. Applied on-line for two accounts: the required savings and the CD. I had to upload pic of driver's license. I used a credit card to fund the savings account with $5 (no fee). Process took maybe 5 minutes. 2. Linked the savings account to my Al...
by goodenoughinvestor
Fri Sep 07, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25% [2018]
Replies: 39
Views: 6827

Re: NASA FCU- 15 month CD 3.25%

Was able to join easily on-line, no need for soc sec card, just a pic of driver's license.
by goodenoughinvestor
Fri Jun 22, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 78
Views: 5247

Re: This is ridiculously expensive LTCi, right? Or maybe not?

If this policy covers home care then she might very well use it for 2-plus years.
by goodenoughinvestor
Thu Apr 12, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Rolling over EE bonds to non-dependent 529?
Replies: 1
Views: 314

Rolling over EE bonds to non-dependent 529?

I've searched the forums and haven't found an answer to this. I also can't find an answer in IRS advisories. If possible, I'd like to contribute EE bonds tax free to my daughter's grad school tuition. (She's no longer a dependent.) Can I: 1. Redeem the bonds and transfer to my own already existent 5...
by goodenoughinvestor
Thu Mar 08, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Sharonview FCU 64 month CD - 4%
Replies: 94
Views: 16382

Re: Sharonview FCU 64 month CD - 4%

I'm in the process of setting up my CD. I went through the process of becoming a member and opening a $5 savings account online. Keep in mind that this requires a hard pull on your credit report (TransUnion for me). The CD process can only be done on the phone. I'm not sure if you could become a me...
by goodenoughinvestor
Sat Mar 03, 2018 1:57 am
Forum: Personal Consumer Issues
Topic: Nanny Payroll Services - Who do you use?
Replies: 19
Views: 9632

Re: Nanny Payroll Services - Who do you use?

Another vote for Nannychex--you can also use their service for home healthcare workers (elder care)
by goodenoughinvestor
Tue Jan 09, 2018 12:47 am
Forum: Personal Investments
Topic: 403b, 401a and solo 401K. How much can I contribute total?
Replies: 2
Views: 768

403b, 401a and solo 401K. How much can I contribute total?

I have a new part-time job that requires me to contribute 5% of tax deferred income to a 401a. (The employer also kicks in 8%.) In addition, there is a 403(b) plan that I'm entitled to contribute to, and Roth is an option for this. I'm also self-employed and in recent years have been contributing th...
by goodenoughinvestor
Tue Dec 05, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 3883

Re: Lowering real estate agent costs when selling?

The problem with all of this advice is that, by definition, real estate is local. In some areas, FSBO or Redfin are common while in others they aren't. Only take advice from someone who knows your specific area very well. For example, in my town most sellers use an agent. When you see someone sellin...
by goodenoughinvestor
Wed Aug 09, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Leather couch, dog scratches -- help?
Replies: 20
Views: 4741

Re: Leather couch, dog scratches -- help?

For a high-quality sofa that's been damaged there's actually a company that will come and fix. They're called Fibrenew. They can re-dye and make scratches and cuts "disappear." I think the company is a franchise and truth is I only know the work of the guy in Manhattan, who has a legendary...
by goodenoughinvestor
Tue Aug 08, 2017 12:31 pm
Forum: Personal Investments
Topic: First Portfolio Review! 31 and 30 y.o. NYC married couple
Replies: 29
Views: 3298

Re: First Portfolio Review! 31 and 30 y.o. NYC married couple

The only thing I would add to the good advice you're getting here is to keep in mind that once the now hypothetical baby (and younger siblings!) arrives life changes quite a bit. Your partner (or you) might no longer want to work full-time--or it might not be cost effective if childcare is very pric...
by goodenoughinvestor
Tue Aug 08, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Advise on house selling
Replies: 29
Views: 3666

Re: Advise on house selling

My advice is to only take advice from knowledgeable locals on whether to hire a realtor and, if so, which sort. No matter how well-meaning, advice from someone who has zero experience in your Chicago-area market is worth just that--zero.
by goodenoughinvestor
Tue Jul 25, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: tax question about gifting father so he can buy condo
Replies: 5
Views: 791

Re: tax question about gifting father so he can buy condo

good question--I'll ask. Meanwhile, anyone know if the gifting idea is kosher?
by goodenoughinvestor
Tue Jul 25, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: tax question about gifting father so he can buy condo
Replies: 5
Views: 791

tax question about gifting father so he can buy condo

Good friend of mine's widowed 82 year old father wants to downsize from family home to a condo. Has to buy because there are no rentals in the area where he lives. He's active in the community, socially, and doesn't want to move out of town. House is worth $1,000,000 (seller's market--people are pay...
by goodenoughinvestor
Fri Jul 14, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: DirectTV Install
Replies: 14
Views: 1693

Re: DirectTV Install

I am currently engaged in one of those nightmare bureaucratic billing snafus with Directv, which I just had installed 3 weeks ago. The merging of att and directv is the opposite of seamless. I have spent a documented 5 hours of phone time and 2 hours in an ATT store over the past week and I still do...
by goodenoughinvestor
Mon Feb 27, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: mom wants smart phone, are there classes on how to use?
Replies: 40
Views: 4606

Re: mom wants smart phone, are there classes on how to use?

1. Get her the same type that you have (iPhone or Android). 2. Your Mom has to find some local place--like an Apple store-- that will be respectful and treat her like they would their own grandmother.My 88 year old mom has become almost a mascot at her local Verizon store. She goes in all the time a...
by goodenoughinvestor
Mon Jan 09, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Turned 30! Women's advice for skin care??
Replies: 60
Views: 5091

Re: Turned 30! Women's advice for skin care??

Only two anti-wrinkle strategies are scientifically proven to work. By scientific I mean double-blind, controlled studies. I'd consider everything else a scam. 1. Sunblock (for prevention). 2. Topical retinoids such as tretinoin (Retin-A) and tazarotene (Tazorac). You can get a prescription for the ...
by goodenoughinvestor
Wed Jan 04, 2017 11:53 am
Forum: Personal Investments
Topic: quick question about timing of solo 401K contribution
Replies: 2
Views: 322

quick question about timing of solo 401K contribution

I can't find the answer to this, maybe because it's so obvious, but I want to doublecheck: I have a solo 401K plan. Can I use non-retirement savings to make my maximum employee contribution now, in January, before I have actually earned the income? I am certain that I will earn enough to cover the m...
by goodenoughinvestor
Wed Nov 02, 2016 1:11 pm
Forum: Investing - Theory, News & General
Topic: Slipping last few days- time to buy now or wait until after 11/8?
Replies: 99
Views: 17296

Re: Slipping last few days- time to buy now or wait until after 11/8?

I just converted a lot of my retirement equity holdings to cash, which changes my asset allocation from about 60/40 to 40/60. The election news/poll results have me absolutely terrified and, as I am approaching retirement age I am, to be blunt, really scared about direction. Of course, I can't predi...
by goodenoughinvestor
Wed Aug 03, 2016 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Problem setting up Quicken for Fidelity Visa Elan
Replies: 13
Views: 6537

Problem setting up Quicken for Fidelity Visa Elan

I'm trying to get Quicken to automatically download activity from my new Fidelity Visa. Based on info posted on a previous thread, I ID'd the credit card as coming from Elan. When Quicken asks for user name and password I put in my Fidelity info and then it asks me a security question that I can't a...
by goodenoughinvestor
Fri Apr 15, 2016 5:00 pm
Forum: Personal Investments
Topic: Vanguard vs Other Solo 401K
Replies: 11
Views: 2387

Re: Vanguard vs Other Solo 401K

etrade offers a Roth option for solo 401k "employee" contributions.
by goodenoughinvestor
Sat Apr 02, 2016 10:26 am
Forum: Personal Consumer Issues
Topic: Which of these home repairs would you do?
Replies: 22
Views: 3015

Re: Which of these home repairs would you do?

First: fix the doors and anything else that's part of your house that needs repair. Next: Get consultations from HVAC companies, mold remediating companies and maybe plumbers about the odor. Make sure you have a lot of professionals advise you, particularly if anyone suggests you need a very expensi...
by goodenoughinvestor
Fri Mar 25, 2016 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Deleted
Replies: 80
Views: 10440

Re: sellers want us to waive financing contingency

House buying is, by definition, local. So take the advice of people who know the particular market you're househunting in. In a very competitive seller's market with multiple bids and people offering cash deals, refusing to waive means you are probably not going to get the house (unless your bid is ...
by goodenoughinvestor
Fri Mar 04, 2016 9:50 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA for filing taxes - Opinions
Replies: 18
Views: 3227

Re: FreeTaxUSA for filing taxes - Opinions

One issue with Freetax: It doesn't seem to let you upload 1099-B, Int, Div etc forms from financial institutions directly into your return the way Turbotax does. You have to input it all manually. Not a problem if you aren't dealing with a lot of transactions. But if you are it can be pretty onerous...
by goodenoughinvestor
Tue Dec 08, 2015 2:00 pm
Forum: Personal Investments
Topic: Self employed solo 401K or ROTH IRA
Replies: 5
Views: 617

Re: Self employed solo 401K or ROTH IRA

If she opens a self-employed 401(K) she can use a Roth option for the "employee" contribution (you can contribute up to $18000, or $24000 if 50+). Not all financial institutions that offer individual 401Ks offer the Roth option but if you search this site you'll find threads that mention t...
by goodenoughinvestor
Thu Nov 19, 2015 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Parents - your favorite and most challenging years
Replies: 71
Views: 9390

Re: Parents - your favorite and most challenging years

There's some dissonance in your question because the times when it is most important to be around for your kids are not always the times when it will be most enjoyable or rewarding for you. Kids are "easiest" when they are in grade school. But it is more important to be around when they ar...
by goodenoughinvestor
Mon Oct 26, 2015 8:30 am
Forum: Personal Consumer Issues
Topic: Fell for DirecTV and Their Con - Woke Up in Time
Replies: 46
Views: 8811

Re: Fell for DirecTV and Their Con - Woke Up in Time

If I recall correctly, I didn't sign on with either Directv or Dish because they offered two-year contracts that only guaranteed a monthly price for the first year. They reserved the right to charge you anything for year two and if you wanted out there was a hefty cancellation fee. Why would I agree...
by goodenoughinvestor
Tue Oct 06, 2015 12:05 pm
Forum: Personal Consumer Issues
Topic: Suggestions from Netlfix (or possibly Amazon) fans?
Replies: 62
Views: 8141

Re: Suggestions from Netlfix (or possibly Amazon) fans?

The West Wing (Netflix) holds up really well to binging. Also, if you can deal with subtitles I recommend: Rita--about an inappropriate but beloved Danish school teacher--a comedy that grapples with social issues Danish style. Such an international viewer favorite that Netflix paid to produce a thir...
by goodenoughinvestor
Sat Sep 12, 2015 1:52 pm
Forum: Personal Consumer Issues
Topic: How much is reasonable to pay for medical tests
Replies: 30
Views: 2794

Re: How much is reasonable to pay for medical tests

I am facing virtually the same situation. I scheduled and then cancelled a diagnostic test when the facility's billing department called and said the cost to me (including my small deductible and then 20% copay) would be $1400. So I went for a second opinion. The second doctor (affiliated with a dif...
by goodenoughinvestor
Tue Sep 01, 2015 9:07 pm
Forum: Personal Investments
Topic: Roth conversion/recharacterization game or 0% cap gains tax rate
Replies: 10
Views: 1916

Re: Roth conversion/recharacterization game or 0% cap gains tax rate

Each year I check the allowable contributions to my individual Roth (401)K (employee) and Roth IRA. (In 2014 it was $29500). I then "fill up" my 0% capital gains bracket by that amount by selling shares of a mutual fund that has appreciated significantly. On the same day that I sell, I use...
by goodenoughinvestor
Sat Aug 08, 2015 7:42 am
Forum: Personal Consumer Issues
Topic: Comcast Offers-whats the catch?
Replies: 26
Views: 4203

Re: Comcast Offers-whats the catch?

To answer the original question about Comcast's internet pricing: what's really going on here is that their price for internet service alone is outrageously high--and for a reason: they want to avoid customers only using them for internet service--and then using that internet access to receive video...
by goodenoughinvestor
Fri Aug 07, 2015 8:23 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 292
Views: 38162

Re: College Admission Time, What parents need to be aware and how to be helpful

To answer the question about what info interviewers are given....We were told: name, address, name of high school, ethnicity, expected major and interests. We were given no info on GPA, test scores or class rank and were discouraged from asking about them--not the point of the interview. At least on...
by goodenoughinvestor
Fri Aug 07, 2015 8:17 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 292
Views: 38162

Re: College Admission Time, What parents need to be aware and how to be helpful

I too interviewed applicants for an ivy league school for many years. My takeaway is that the interview does not matter much to the admissions committee--what does matter is that the student shows up for the interview because this indicates interest and therefore greater likelihood that he or she wi...
by goodenoughinvestor
Thu Aug 06, 2015 9:25 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 292
Views: 38162

Re: College Admission Time, What parents need to be aware and how to be helpful

1. Admission to elite colleges (especially private ones but also some of the "public ivies") is really a lottery system. Thanks to his test scores, GPA and extra-curriculars, your son has made the "cut-off"--which means he gets a lottery ticket for each school. If he has a "...
by goodenoughinvestor
Wed Jul 08, 2015 1:05 pm
Forum: Investing - Theory, News & General
Topic: Long Term Capital Gains Question-- 15% Tax Bracket
Replies: 11
Views: 2651

Re: Long Term Capital Gains Question-- 15% Tax Bracket

My understanding is that if your work income does not put you above the 15% cap but your capital gains do, then your work income will still be taxed at up to 15% (not more) but you will also have to pay tax on the "excess" capital gains (the amount that puts your total income above 15%)
by goodenoughinvestor
Wed May 27, 2015 10:01 am
Forum: Personal Consumer Issues
Topic: Need to sell old home. Should we spend money to modernize it first?
Replies: 38
Views: 5402

Re: Need to sell old home. Should we spend money to modernize it first?

A cautionary tale: Adult children fixed up house to sell it after mother died. They put a lot of money into updating kitchen, etc. They were so pleased by their efforts they decided to try to sell house themselves and forgo agent commission.They priced it above market value and it sat and sat despit...
by goodenoughinvestor
Wed May 13, 2015 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should we purchase home without permits?
Replies: 70
Views: 10491

Re: Should we purchase home without permits?

If the city can give you a defnitive, exact amount for permits and fines then you should request a credit back at closing. This is better for two reasons: you can close faster (that's good for seller, too) and you can be in charge of the process and make sure it's done absolutely right. The seller h...
by goodenoughinvestor
Tue May 12, 2015 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Closing on house in less then 30 days- bad idea?
Replies: 24
Views: 16965

Re: Closing on house in less then 30 days- bad idea?

I don't think there's anything nefarious on part of the seller--when you sell your house you'd like the money as quickly as possible with the least possibility of a deal going south. Keep in mind that a 21 day close may not be literally "21 days." At least in my neck of the woods there is ...
by goodenoughinvestor
Fri May 08, 2015 9:44 pm
Forum: Personal Consumer Issues
Topic: Selling house; what to fix, what to leave?
Replies: 26
Views: 9205

Re: Selling house; what to fix, what to leave?

are you sure you can easily replace the tiles? my understanding was that it is not possible without removing kitchen cabinets but I never thoroughly researched so don't know for sure.
by goodenoughinvestor
Wed May 06, 2015 9:24 pm
Forum: Personal Investments
Topic: Guidance for Solo 401k
Replies: 10
Views: 1219

Re: Guidance for Solo 401k

I chose to go with etrade for my solo 401K specifically because I wanted the Roth option, not offered by Vanguard etc. It was easy to set up and so far, no problems. Once, I earmarked a contribution for the wrong year, quickly noticed the error after completing the transaction, called them up and th...
by goodenoughinvestor
Wed Apr 29, 2015 9:51 am
Forum: Personal Investments
Topic: Tax Gain Harvesting While in 15% Bracket?
Replies: 21
Views: 2780

Re: Tax Gain Harvesting While in 15% Bracket?

I use this strategy to shift my taxable gains into a Roth 401K. I am self-employed with a low income but sizable balances in taxable accounts with significant long-term capital gains. So each year I figure out how much I can withdraw from these accounts while staying within the 15% bracket. Then I u...
by goodenoughinvestor
Tue Apr 07, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 51995

Re: Cost of College & Weighing the Merits of Top Schools

If you have a very academically talented and driven kid he should consider applying to four types of schools: 1. State flagship. If you're lucky enough to live in one of the handful of states with highly rated state schools (I'm thinking California, Virginia, Michigan, Texas...) perhaps your search ...
by goodenoughinvestor
Tue Mar 31, 2015 5:52 pm
Forum: Personal Investments
Topic: Please help me help my mom (need no fee financial advisor?)
Replies: 16
Views: 2625

Re: Please help me help my mom (need no fee financial adviso

When my mother became a widow and was overwhelmed by the financial decision-making I took the advice I received from wise BHers and hired a fee-only financial planner/cpa to pore over my mother's finances and come up with a plan. I believe the total cost was about $700. Fortunately, it turned out my...