Search found 138 matches

by nerdymarketer
Sat May 16, 2020 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9477

Re: Turning 30. Living 30s without regrets

I just wanted to say "Thank you" to everyone who chimed in on this thread. The comments on regrets never being about career and always being about family are particularly timely for me as I consider some career options in front of me.
by nerdymarketer
Mon Apr 27, 2020 12:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18851
Views: 2635135

Re: U.S. stocks in free fall

In several threads, it's evident that many believe that cheap debt a la the Fed will somehow save the day. Or that the Fed's actions will result in inflation (at least in assets) such that even though everything loses money in real terms, it's better to be in stock than in cash because cash will ge...
by nerdymarketer
Sat Apr 11, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best Auto Insurance for Very Low Mileage
Replies: 12
Views: 789

Re: Best Auto Insurance for Very Low Mileage

Try metromile.com, you pay a small flat fee plus pennies per mile driven. Never used them myself but heard good things about them.
by nerdymarketer
Thu Apr 09, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Does history have any lessons for what the long term effects of the Fed keeping things from failing?
Replies: 10
Views: 913

Re: Does history have any lessons for what the long term effects of the Fed keeping things from failing?

If their actions are inflating asset prices, wouldn't that eventually show up in traditional inflation measure such as CPI?
by nerdymarketer
Thu Apr 09, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Does history have any lessons for what the long term effects of the Fed keeping things from failing?
Replies: 10
Views: 913

Does history have any lessons for what the long term effects of the Fed keeping things from failing?

The Fed's level of stimulus actions have been totally unprecedented, far beyond the 2008 actions. As a result, I feel market valuations are so disconnected from company earnings that it all feels like speculation. I realize that in the short term the stock market can go up or down or whatever on the...
by nerdymarketer
Tue Feb 18, 2020 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Self-Directed (checkbook) IRA/401K custodian?
Replies: 4
Views: 383

Re: Recommended Self-Directed (checkbook) IRA/401K custodian?

Thanks for responding. The fees are ~$150-$300 a year depending on custodian and assuming only a single stock (generally there's a separate fee for each asset type), and can be paid with non-IRA money, so not that bad in the grand scheme of things. From everything I read, the general consensus is se...
by nerdymarketer
Thu Jan 09, 2020 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a travel trailer
Replies: 12
Views: 1342

Re: Purchasing a travel trailer

The best way to purchase is through Craigslist. Those things depreciate like crazy in the first few years, typically with very little use!
by nerdymarketer
Thu Jan 09, 2020 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Recommended Self-Directed (checkbook) IRA/401K custodian?
Replies: 4
Views: 383

Re: Recommended Self-Directed (checkbook) IRA/401K custodian?

To followup here, I was able to find some names of providers on BiggerPockets. A few of them that seemed to have good reviews included: - Quest Trust Company - IRA Services (recently acquired by Forge) - Udirect (small shop with a very responsive principal) - The Entrust Group (there's a lot of simi...
by nerdymarketer
Wed Jan 08, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Self-Directed (checkbook) IRA/401K custodian?
Replies: 4
Views: 383

Recommended Self-Directed (checkbook) IRA/401K custodian?

I work for a private company that is clearly on an IPO path. I'm just a peon, not an exec in any way, so I have no controlling interest in the company. Two former coworkers are both willing to sell me their shares, as they don't have the cash/desire to hold the stock themselves. I am fully aware of ...
by nerdymarketer
Mon Oct 21, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can Charitable Giving reduce Net Investment Tax (NIT)?
Replies: 5
Views: 733

Can Charitable Giving reduce Net Investment Tax (NIT)?

Does charitable giving deduction reduce NIT?

In other words, if I am already past the $250K income limit, and then generate $100K in LTCG, will donating $50K to charity reduce the amount of my LTCG that's subject to NIT to only $50K?
by nerdymarketer
Thu Jun 27, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Moved from CA to WA [State income tax on bond funds]
Replies: 6
Views: 583

Re: Moved from CA to WA [State income tax on bond funds]

Technically this is true, but how it actually works in practice results in paying more CA taxes if you earn more in WA if you are paying any CA tax that year... better (if you have the option) to delay that income to a following year where you are not paying any CA tax at all. CA calculates the taxe...
by nerdymarketer
Fri May 31, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Chipped windshield getting worse
Replies: 16
Views: 973

Re: Chipped windshield getting worse

You'll likely need to replace it. Just be aware that for windshield replacements, the OEM glass is often thicker and hence quieter. That may or may not be worth the price premium to you. Generally cheaper to have someone other than the dealer do the actual labor to replace it.
by nerdymarketer
Fri May 31, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: Cordless Drill: Bosch PS32-02 vs Makita FD07R1?
Replies: 31
Views: 2375

Re: Cordless Drill: Bosch PS32-02 vs Makita FD07R1?

Sandtrap wrote:
Thu May 30, 2019 8:05 am
20V system.
You won't regret it.
j :happy
The 20V systems are pure marketing--they are the same as the other 18V systems: https://woodworkjunkie.com/18v-vs-20v-c ... -a-gimmick
by nerdymarketer
Fri May 31, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: Is there a free Carfax available?
Replies: 27
Views: 2985

Re: Is there a free Carfax available?

There are resellers on eBay who charge much less. After I bought one from a guy, I contacted him again and asked how much he'd charge for extra purchases and he cut me a deal--I think it was maybe $5 or $6 for each one. I think I looked at 5-6 cars, so it was a big savings over the $40 per car. If y...
by nerdymarketer
Thu May 02, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Loan: Better to use pre-tax or Roth funds? High or low interest rate?
Replies: 3
Views: 404

Re: 401K Loan: Better to use pre-tax or Roth funds? High or low interest rate?

Thank you both, your analysis confirmed what I'd been thinking but couldn't quite put into words. I really appreciate it.
by nerdymarketer
Wed May 01, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Loan: Better to use pre-tax or Roth funds? High or low interest rate?
Replies: 3
Views: 404

401K Loan: Better to use pre-tax or Roth funds? High or low interest rate?

I have two technical questions about 401K loans. Background: I have an investing opportunity that requires more immediate liquidity than I have available. So I want to take my free cash flow from next year and pull it forward into this year. After looking at various options, it seems the cheapest an...
by nerdymarketer
Sun Apr 28, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: solo 401k that allows loans
Replies: 11
Views: 1562

Re: solo 401k that allows loans

Hey Bobby, what was the outcome here? Did you take a loan against an eTrade Solo 401k?
by nerdymarketer
Sun Apr 28, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Tax risks of exercising ISO options after 409a expires?
Replies: 4
Views: 753

Re: Tax risks of exercising ISO options after 409a expires?

My further research determined that the risk here while there is a not a 409a in place is entirely on the employer, so I went ahead and exercised the options.
by nerdymarketer
Tue Feb 12, 2019 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Missed deadline to open a Dependant care FSA
Replies: 1
Views: 278

Re: Missed deadline to open a Dependant care FSA

I know that once enrolled, it is possible to change the election amount mid-year. Typically this is easier than other FSAs, such as health, because you only need to substantiate a change in daycare costs. However, I do not know whether this requires you to be already enrolled or if you can enroll la...
by nerdymarketer
Wed Feb 06, 2019 9:44 pm
Forum: Personal Investments
Topic: Megabackdoor 401K: How many 1099-R's should I get for two rollovers?
Replies: 3
Views: 350

Re: Megabackdoor 401K: How many 1099-R's should I get for two rollovers?

Thank you Alan. Last year I did an in-plan conversion, and they issued me a 1099-R, so I know they are at least somewhat familiar with it. I suspect this year they just messed up... I dropped them an email. I have noticed/had them correct multiple issues in the past, so they are familiar with me and...
by nerdymarketer
Wed Feb 06, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Employer reported part of ISO sale as compensation income
Replies: 9
Views: 762

Re: Employer reported part of ISO sale as compensation income

Indeed, I didn't even think about the deductability to the company of the additional compensation. Thank you for looking that up. Overall, I don't think this particular company was trying to screw its employees--it's got a strongly pro-employee culture. I suspect they just didn't want to jeopardize ...
by nerdymarketer
Wed Feb 06, 2019 3:37 pm
Forum: Personal Investments
Topic: Megabackdoor 401K: How many 1099-R's should I get for two rollovers?
Replies: 3
Views: 350

Megabackdoor 401K: How many 1099-R's should I get for two rollovers?

I have a 401K with the after-tax (megabackdoor) option. Last year I did two sets of rollovers: I contributed ~$20K which I then rolled over to the Roth 401K within the plan. There was a gain of ~$600. This zero'd out the after-tax bucket at that point in time. I contributed an additional $16K which ...
by nerdymarketer
Wed Jan 30, 2019 3:21 am
Forum: Personal Finance (Not Investing)
Topic: Employer reported part of ISO sale as compensation income
Replies: 9
Views: 762

Re: Employer reported part of ISO sale as compensation income

I had a similar opportunity, and the company was going to treat up to the most recent 409a value as cap gains (short or long depending on how long you'd held the stock), and the extra money above the 409a was going to be treated as normal W-2 compensation money, with no option to treat it as cap gai...
by nerdymarketer
Thu Oct 11, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 92
Views: 8111

Re: Anyone here major in Economics in college?

Get a Math/Econ combined major or a CS / Econ combined major.

Either is extremely valuable in this age of data scientists.
by nerdymarketer
Mon Sep 03, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: bench vise recommendation
Replies: 20
Views: 1511

Re: bench vise recommendation

Check out the GarageJournal.com forums for vise info. For most personal DIY use, a 4" is plenty big, and a 6" is probably too big. Based on the positive recommendations on GJ, I bought a Yost FSV-5 when Amazon had a sale on them for $95. If you check Amazon's warehouse deals, you can regularly find ...
by nerdymarketer
Fri Aug 31, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone donated stock in a private company to a Donor Advised Fund?
Replies: 4
Views: 472

Re: Has anyone donated stock in a private company to a Donor Advised Fund?

Thanks, that's helpful. I did call Fidelity this morning, and one of their specialists will be calling me back. But it did sound very much like it depends on whether they can get liquidity. Which is unfortunate, as my income this year is abnormally high, so from a tax perspective, it's a good year f...
by nerdymarketer
Fri Aug 31, 2018 5:09 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone donated stock in a private company to a Donor Advised Fund?
Replies: 4
Views: 472

Has anyone donated stock in a private company to a Donor Advised Fund?

Because I was curious to hear from folks who have actually gone through this process... Just how painful was it?

I updated the thread title to reflect that.
by nerdymarketer
Fri Aug 31, 2018 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone donated stock in a private company to a Donor Advised Fund?
Replies: 4
Views: 472

Has anyone donated stock in a private company to a Donor Advised Fund?

Has anyone donated private company stock to a Donor Advised Fund? How painful was the process? I own some stock in a small tech company organized as a C-Corp. On paper, the stock is worth six figures, but there's no liquidity event in sight. I have a DAF with Fidelity and I read that they accept pri...
by nerdymarketer
Sun Jul 08, 2018 2:25 am
Forum: Personal Consumer Issues
Topic: garden hose
Replies: 46
Views: 5907

Re: garden hose

Sears puts these rubber hoses on a massive sale a couple of times a year in the spring and summer. I just set an alert on Slickdeals to email me whenever someone mentions "Craftsman hose". I highly recommend them, once I started using rubber hoses in my water hoses and air hoses I could never imagin...
by nerdymarketer
Sun Jul 08, 2018 2:08 am
Forum: Personal Consumer Issues
Topic: Subaru Ascent owners out there?
Replies: 33
Views: 5811

Re: Subaru Ascent owners out there?

How does the cargo trunk space compare on the Ascent? I can see the volume specs, but those aren't always comparable across manufacturers. So how usable is it actually in real life? I do a fair bit of dirt road driving where I don't need fancy four wheeling, but I do need high clearance... Unfortuna...
by nerdymarketer
Tue May 08, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Another PMI vs fund tax exempt question
Replies: 5
Views: 610

Re: Another PMI vs fund tax exempt question

Can you do a contribution to the Solo401K (so you don't lose the tax space) followed by a loan from the Solo401K back to yourself? ETrade is a custodian that allows loans, and you can do a max of $50K or half your 401K value. This may allow you to immediately drop PMI.
by nerdymarketer
Fri May 04, 2018 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Tax risks of exercising ISO options after 409a expires?
Replies: 4
Views: 753

Re: Tax risks of exercising ISO options after 409a expires?

Sorry, I should have been more clear. I have no hesitation about exercising these options.

Simply trying to understand what risks do I incur by exercising shortly after the previous 409a expired but before the next 409a is in place.
by nerdymarketer
Wed May 02, 2018 2:48 am
Forum: Personal Finance (Not Investing)
Topic: Tax risks of exercising ISO options after 409a expires?
Replies: 4
Views: 753

Tax risks of exercising ISO options after 409a expires?

What are the tax implications/risks of exercising ISOs after the most recent 409a expires? I plan to exercise some ISOs, and trying to decide on timing. The last 409a was done just over a year ago, so technically it's expired. Finance department got delayed, and the next 409a will not happen for ano...
by nerdymarketer
Sat Apr 28, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Lake Tahoe
Replies: 28
Views: 3350

Re: Lake Tahoe

With boys that age, they may be interested in some of the amazing mountain biking. We took a shuttle from the lake up to Spooner Pass, then rode the Tahoe Rim trail south a few miles, then eventually descended back to the mountain bike shop's parking lot via the Flume trail. I think my wife and I co...
by nerdymarketer
Mon Apr 02, 2018 1:52 am
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 120
Views: 18634

Re: Tired of gas grills rusting out...

What specifically is rusting out? The flavorizer bars? Buy stainless and instead of getting the 18 gauge weber ones buy the 16 gauge ones off eBay--they will last longer. This is the one part you should expect to eventually wear out and need replacement. The burners? Again, buy stainless steel and i...
by nerdymarketer
Thu Mar 22, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Employer contributing to an HSA for me even after I notified them I'm ineligible?
Replies: 3
Views: 693

Re: Employer contributing to an HSA for me even after I notified them I'm ineligible?

Bumping this as I still would like confirmation re: the following: 1) It is okay if the employer contributes to the HSA during pay periods right now even though technically I will not be eligible until later in the year when my wife ceases to have FSA coverage. Sounds like this is okay, which again,...
by nerdymarketer
Sat Mar 17, 2018 2:26 am
Forum: Personal Finance (Not Investing)
Topic: Employer contributing to an HSA for me even after I notified them I'm ineligible?
Replies: 3
Views: 693

Re: Employer contributing to an HSA for me even after I notified them I'm ineligible?

Thank you. And if I do not become eligible this year (there's some extenuating life circumstances so we are currently unsure what will happen), then do I just ask them to pull it out at the end of the year? I'm glad I asked, I want to do the honest/right thing, and was thinking that meant contacting...
by nerdymarketer
Fri Mar 16, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Employer contributing to an HSA for me even after I notified them I'm ineligible?
Replies: 3
Views: 693

Employer contributing to an HSA for me even after I notified them I'm ineligible?

My employer recently added a HSA-compatible HDHP plan, and said that if we sign up, they will contribute a portion of the HSA. I signed up for the HDHP plan, and simultaneously notified HR that I am not eligible for the HSA due to my wife's FSA. I will likely be eligible later in the year. They conf...
by nerdymarketer
Mon Feb 26, 2018 2:32 pm
Forum: Personal Investments
Topic: How should 401K non-deductible / non-Roth contributions be reported on W-2?
Replies: 3
Views: 374

Re: How should 401K non-deductible / non-Roth contributions be reported on W-2?

Much thanks to you both!

brother7, thanks especially for citing the IRS, makes it very easy to explain to HR why this is incorrect.
by nerdymarketer
Mon Feb 26, 2018 3:49 am
Forum: Personal Investments
Topic: How should 401K non-deductible / non-Roth contributions be reported on W-2?
Replies: 3
Views: 374

How should 401K non-deductible / non-Roth contributions be reported on W-2?

My employer allows employees to make non-deductible / after-tax / non-Roth contributions to our 401K. I contributed $ and then later in the year did an in-plan Roth rollover to convert this money to Roth status. A coworker also made contributions last year, but did not do the in-plan Roth rollover u...
by nerdymarketer
Fri Feb 09, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: What qualifies as ending FSA coverage for HSA eligibility?
Replies: 9
Views: 963

Re: What qualifies as ending FSA coverage for HSA eligibility?

Thanks Spirit Rider, I was hoping you would chime in. I never cease to be amazed at how much you know about this stuff. The FSA grace period option provides coverage until 2 1/2 months after the end of the plan year in your wife's case this will be 3/15/19 with a calendar plan year. This will make y...
by nerdymarketer
Fri Feb 09, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: What qualifies as ending FSA coverage for HSA eligibility?
Replies: 9
Views: 963

Re: What qualifies as ending FSA coverage for HSA eligibility?

No limited purpose FSA, although they're considering it for next year. Good to know about the grace period. Yesterday evening I did stumble across an IRS ruling to that effect What I cannot seem to find is clear ruling about whether leaving your job mid-year qualifies as ending FSA plan coverage. Lo...
by nerdymarketer
Fri Feb 09, 2018 1:43 am
Forum: Personal Consumer Issues
Topic: Multiiple indicator lights on (car)
Replies: 44
Views: 2442

Re: Multiiple indicator lights on (car)

Use a code scanner and find out what error code(s) correspond to that combination of lights. I have a heck of a time finding the scanner ports. I found it on my own car via touch, but I've never been able to find it on other cars. By law, the OBD port must be within 2-3 feet of the steering wheel. ...
by nerdymarketer
Thu Feb 08, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What qualifies as ending FSA coverage for HSA eligibility?
Replies: 9
Views: 963

What qualifies as ending FSA coverage for HSA eligibility?

My employer offers a HDHP with an HSA. When am I eligible to contribute to the HSA? Situation: My wife: - FSA through her employer which runs the normal calendar year, and has a 3 month grace period so it covers expenses through 3/1/2019 - my wife is considering quitting her job sometime this summer...
by nerdymarketer
Wed Feb 07, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is this 1099-R for my megabackdoor 401k incorrect?
Replies: 16
Views: 1874

Re: Is this 1099-R for my megabackdoor 401k incorrect?

Thanks all.

Alan, thank you for clarifying box 10.

The only piece I don't understand is what is the purpose of box 14 and why should it be blank?
by nerdymarketer
Wed Feb 07, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Is this 1099-R for my megabackdoor 401k incorrect?
Replies: 16
Views: 1874

Re: Is this 1099-R for my megabackdoor 401k incorrect?

Thanks all. As always, Bogleheads are very generous with their knowledge. I am positive this was an In-plan-Roth-Rollover from after-tax bucket. The plan statements clearly show that the money was withdrawn from the after-tax bucket and then contributed to the Roth bucket. I worked closely with the ...
by nerdymarketer
Tue Feb 06, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is this 1099-R for my megabackdoor 401k incorrect?
Replies: 16
Views: 1874

Is this 1099-R for my megabackdoor 401k incorrect?

In 2017, I did a megabackdoor 401K by contributing $36,000 to the non-roth, after-tax/non-deductible bucket. Then later in the year I did an in-plan roth rollover, and had taxable gains of $1,887. I just received the 1099-R from my custodian. Box 1 - $37,887 Box 2a - 37,887 Box 5 - blank Box 7 - cod...