Search found 260 matches

by Billionaire
Sat Dec 09, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 123
Views: 6925

Re: Save all this money, what do you splurge on?

I've incurred $2,000.00 of auto repair bills in the last two weeks. I decided to buy myself a new Shinola watch.

https://www.shinola.com/mens/watches/al ... -s039.html
by Billionaire
Fri Dec 08, 2017 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 33
Views: 1777

Re: Worth it to Amend incorrect CPA prepared tax returns?

I work for the IRS. Thanks for the heads-up. I'll be looking for your amended 2016 return.
by Billionaire
Thu Dec 07, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 33
Views: 1777

Re: Worth it to Amend incorrect CPA prepared tax returns?

There was a similar topic on the forum recently. I always suggest amending all the returns. Otherwise, your sleep will be impacted. Yes, I'm either going to do this or do nothing. I'll decide after speaking to my CPA. Never again. I'm with you, from now on, I'm going to do my own taxes. I would get...
by Billionaire
Thu Dec 07, 2017 6:57 am
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4735

Re: I received a speeding ticket via mail from IA - should I pay it?

No, don't pay it. In fact, don't pay any of your bills or debts.
by Billionaire
Wed Dec 06, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 33
Views: 1777

Re: Worth it to Amend incorrect CPA prepared tax returns?

There was a similar topic on the forum recently. I always suggest amending all the returns. Otherwise, your sleep will be impacted. Last year, the CPA firm that prepared my mother's trust botched it. I had to point out errors to them before and after the return was filed. The 2015 return was perfect...
by Billionaire
Mon Dec 04, 2017 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of going "back" to school nearing 40?
Replies: 22
Views: 2341

Re: Thinking of going "back" to school nearing 40?

In 1989, I was 34 years old at the time and decided to get out of the real estate business. I took 6 months off from work to attend a technical school for computer programming. Best decision I ever made in my life.
by Billionaire
Sun Dec 03, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Amend 2015 taxes based on a new K-1 two years later?
Replies: 35
Views: 1773

Re: Amend 2015 taxes based on a new K-1 two years later?

File the amended tax return and free your mind of the burden. Otherwise, your wife and you will be looking over your shoulders for years. I know a person who has won Pulitzer Prizes and other presigious awards for major US newspapers and owes old state taxes. All their real estate transactions (and ...
by Billionaire
Sun Dec 03, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Moving inheritance taxable account to retirement accounts?
Replies: 21
Views: 1549

Re: Moving inheritance taxable account to retirement accounts?

I would make the move in 2017. When did you inherit the money and what was it worth at that time? If you sell in 2017, I would take a look at the capital gains/losses in the account and attempt to minimize 2017 capital gains.
by Billionaire
Mon Nov 27, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Amend 2015 taxes based on a new K-1 two years later?
Replies: 35
Views: 1773

Re: Amend 2015 taxes based on a new K-1 two years later?

The executor should be communicating with the beneficiaries as to the reason for the amended K-1's. The OP should not have to come on a internet chat forum for guesses and assumptions as to why the amended K-1 was issued. Unbelievable.
by Billionaire
Fri Nov 24, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Is it possible to negotiate a layoff?
Replies: 22
Views: 2251

Re: Is it possible to negotiate a layoff?

Thanks for the responses. We had a layoff last year and I almost went into the bosses office to ask if one of the people marked for layoff could be replaced by me. I really wanted to work all of 2017. The company doesn't offer much to laid off staff, but it would suite my needs. Maybe I should just ...
by Billionaire
Thu Nov 23, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to negotiate a layoff?
Replies: 22
Views: 2251

Is it possible to negotiate a layoff?

I was wondering if anybody has ever negotiated their own layoff?
by Billionaire
Thu Nov 23, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Finding a direction - What next?
Replies: 15
Views: 1616

Re: Finding a direction - What next?

You are laying a good foundation, which at your age is huge. Ditch the aviation hobby (sorry) and you improve things drastically.
by Billionaire
Wed Nov 22, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 46
Views: 2009

Re: How do you define success in your life?

Success to me is being locked in the bar after closing time.
by Billionaire
Wed Nov 22, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 11991

Re: Help DW gets fired, but then next day her boss offers her job back

Yikes, her place of employment sounds like a real nightmare. They deserve no professional courtesies. I'm not sure I would accept a pay cut. Is everybody getting their salary reduced?
by Billionaire
Wed Nov 22, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting 4 stocks
Replies: 15
Views: 1227

Re: Inheriting 4 stocks

Don't expect pinpoint accuracy on an internet chat forum, especially in the area of federal and state taxes. I think you have enough to get more detailed information from a tax professional, IRS publication or any other available resources.
by Billionaire
Wed Nov 22, 2017 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting 4 stocks
Replies: 15
Views: 1227

Re: Inheriting 4 stocks

You need to educate yourself about stepped up basis for an inherited stock. The cost basis is based on the date of death of the deceased. Sorry for your loss.
by Billionaire
Tue Nov 21, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13873

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I was gonna buy a bunch of books and stuff off of his website using my credit card. I just saved a bunch of money.
by Billionaire
Sun Nov 19, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11950

Re: The valet smashed my Tesla into a brick wall!

Wow that is beat. Yes to getting your insurance company involved. Maybe the valet should have said, "why don't you park it". The valet should know what driving the car entails.
by Billionaire
Sat Nov 18, 2017 8:44 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 5067

Re: Where did you first learn about investing?

Back in the early 80's my grandfather starting giving me and my sisters shares of stocks. Wasn't the best way for him to give away his money, but I did not complain. Around the same time I started working for a large brokerage company on Wall Street in the accounting area. Those events, plus my back...
by Billionaire
Fri Nov 17, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: Is dent repair service worth it?
Replies: 17
Views: 1541

Re: Is dent repair service worth it?

I had it done to my Cadillac. The car was parked in the garage and my bike was leaning against the wall, fell over and put a dime size dent on the body right above the wheel. I think it cost $80.00. The procedure was called PDR (Paintless dent removal). The car was only 3-4 years old. Best money I e...
by Billionaire
Wed Nov 15, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Scooter insurance for a 20 year old college student
Replies: 22
Views: 1287

Re: Scooter insurance for a 20 year old college student

I can walk 1 mile in about 15 to 20 minutes. If the distance is two miles or less, they should just walk. I assume the student will be transporting books, etc, in a backpack, making the scooter travel a tad more precarious.
by Billionaire
Tue Nov 07, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 4862

Re: Poll-How much do you have in your HSA?

Up to 2015 we were covered by my wife's health care program that did not offer an HSA. She retired and we join my medical plan in 2016. Contributed $5,750.00 and received a $2,000.00 ER match in 2016 for a total of $7,750.00. That was all spend in 2016 covering my wife's medical problems. In 2017, I...
by Billionaire
Mon Nov 06, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: How do I select a good employment law attorney?
Replies: 46
Views: 2297

Re: How do I select a good employment law attorney?

Good luck, I'm on your side. In other words, get a good attorney and sue them for all you can.
by Billionaire
Mon Nov 06, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13203

Re: Why make more money?

Yeah, I'm going through a lot of this stuff now. I'm sick of my job, sick of working, sick of sitting at a desk, sick of all the people I have to look at on a daily basis. I make great money. We aren't that busy now. I want to retire in early 2018, but am starting to think about continuing to work t...
by Billionaire
Sat Nov 04, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: How do I select a good employment law attorney?
Replies: 46
Views: 2297

Re: How do I select a good labor-law attorney?

Despite, or perhaps because of, the multi-billion-dollar size of this outfit, I don't think the left hand knows what the right hand has been up to. At least so far. I would think a multi-billion dollar company would have an employee hotline to report this type of stuff or better yet, Employee Assis...
by Billionaire
Fri Nov 03, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Max HSA?
Replies: 12
Views: 1264

Re: Max HSA?

If I felt my job was stable, I would move "emergency savings to 6 months" to #4.
by Billionaire
Thu Nov 02, 2017 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: New 2 comma member
Replies: 28
Views: 2596

Re: New 2 comma member

Congrats!! It appears you accomplished this during your retirement, which makes it more impressive. How long have you been retired?
by Billionaire
Fri Oct 20, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5323

Re: I have to fire someone that I care about personally

The cool thing about being a musician, being in a band, is that things can work with an odd duck on stage. Sometimes the odd duck is the draw. For that to work, the band needs to be tight as can be. Maybe you can suggest some cool outfits for her to wear or give her a lead vocal or two. Is it possib...
by Billionaire
Fri Oct 20, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5323

Re: I have to fire someone that I care about personally

I would kick her out of the band. I'm in a community band and pretty much anybody and everybody is welcome to play with us. We also perform in front of audiences. What I've discovered is that no amount of coaching or advice, no matter how thoughtfully given, will be taken by most (not all) performer...
by Billionaire
Fri Oct 20, 2017 6:05 am
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 8
Views: 1054

Re: HSA question

Yes. I asked the same question to our HR department. As an aside, I assume when you say paying in cash, you mean by check or credit card. Correct?
by Billionaire
Wed Oct 18, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2602

Re: Credit scores fell this month a lot for no reason

Mine fell too. From about 829 to 804. Still over 800, but I can't help thinking it's due to getting the free credit monitoring from Equifax.
by Billionaire
Wed Oct 18, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: 2 Commas, Seven Figure
Replies: 19
Views: 3342

Re: 2 Commas, Seven Figure

That's what I call double dipping. Congrats.
by Billionaire
Tue Oct 17, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Excess cash for car fund - Would you invest?
Replies: 12
Views: 647

Re: Excess cash for car fund - Would you invest?

Many years ago I started a car fund putting about $250.00 per month into a Vanguard 500 S&P fund. After five of so years of contributing and when it came time to buy the vehicle, the interest rates were so low, I just decided to finance the car purchase. I ended up owning the fund for close to 20 ye...
by Billionaire
Sun Oct 15, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7565

Re: What are you driving? And would you buy your current ride again?

2008 Cadillac CTS bought new in April 2008. I hope to get about 2-5 more years out of it. I would buy one again, but the prices seem to have gone up, so I'll have to reevaluate when the time comes. Maybe the lower priced Cadillac ATS. I'd like to get a hybrid.
by Billionaire
Fri Oct 06, 2017 6:03 am
Forum: Personal Consumer Issues
Topic: Sent to collections by a hospital we've never been to?
Replies: 40
Views: 3596

Re: Sent to collections by a hospital we've never been to?

I would write a letter to the President of the hospital, letting him/her know that you will not be paying the bill, unless the hospital can provide documentation that you or a member of your family did in-fact incur the debt. Sometimes you just have to bypass the people on the front line.
by Billionaire
Thu Oct 05, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 373
Views: 51627

Re: Retirement Account Stolen by Identity theft

Very sad situation. Sorry to hear about this. I'd guess somebody in the HR or Payroll department was involved.
by Billionaire
Thu Oct 05, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: Cannot logon to Vanguard using iPad application
Replies: 10
Views: 501

Re: Cannot logon to Vanguard using iPad application

WoodSpinner wrote: ↑
Thu Oct 05, 2017 6:42 pm
Just worked for me ....
What operating system are you on?
by Billionaire
Thu Oct 05, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Cannot logon to Vanguard using iPad application
Replies: 10
Views: 501

Re: Cannot logon to Vanguard using iPad application

Possible operating system upgrade? Somebody reported a problem at work today and we suspect it's due to an upgrade to IOS 11.
Of course, I could be totally wrong.
by Billionaire
Thu Oct 05, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity: can no longer use first initial, middle name
Replies: 30
Views: 2730

Re: Fidelity: can no longer use first initial, middle name

I wonder if it has something to do with fine tuning your PII data. Back in the early 80's I worked in the payroll department of Paine, Webber, Inc. All of a sudden I'm seeing all of these highly paid executives, investment bankers and brokers using their first initial, middle and last name. It came ...
by Billionaire
Wed Oct 04, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4474

Re: another 2 comma club member

Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
by Billionaire
Wed Oct 04, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 17
Views: 1457

Re: New job offer

What paperwork? Usually W-4 and benefits are selected and/or filled in, when you physically show up.
If there is other paperwork, the company should tell you when they want it. You'd be surprised to know the number of people who accept a job offer and don't show up on the specified date.
by Billionaire
Wed Oct 04, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Shooting for the moon as a young investor
Replies: 19
Views: 2144

Re: Shooting for the moon as a young investor

Desperate times call for desperate measures.
by Billionaire
Sat Sep 30, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: 401k advice
Replies: 11
Views: 778

Re: 401k advice

Let me start off by saying, I've never done a backdoor ROTH IRA contribution and have no plans to ever do one. I have done a couple of 401K to IRA rollovers. So my question is....if I did do a backdoor ROTH IRA, would it trigger a potential large tax liability due to the rollovers I've done? ( I was...
by Billionaire
Sat Sep 30, 2017 5:04 am
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 7944

Re: What will happen if I refuse to pay a medical bill?

What a mess. I suspect you'll have to pay the bill or end up having a judgement against you. I've been dealing with CIGNA and different Dr's for the last year or so on a variety of bills. In a couple of cases, I did not understand the procedure to follow and in a couple of cases the information I re...
by Billionaire
Sat Sep 30, 2017 4:57 am
Forum: Personal Consumer Issues
Topic: Caught by speed camera
Replies: 49
Views: 2974

Re: Caught by speed camera

I've received two of these. I pay them immediately and tell myself to pay more attention to speed limits and obey other rules of the road.
by Billionaire
Fri Sep 29, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Using full name for email - bad or good idea?
Replies: 37
Views: 19859

Re: Using full name for email - bad or good idea?

I've been using firstname_lastname@hotmail.com and firstname_lastname@yahoo.com for about 20 years. No problems, others than tons of spam. I contemplated getting a gmail account, but I store so much on both of my other accounts, I feel like I'm married to them for life.
by Billionaire
Sun Sep 24, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: 28 Year Old having a Crisis, how am I doing?
Replies: 27
Views: 4784

Re: 28 Year Old having a Crisis, how am I doing?

For myself and pretty much everybody I know, the 20's where a difficult time in the career department. When I was 29, I changed from the accounting field to selling new construction. When I was 35, I changed from selling real estate to computer programming. I made enough money in real estate to take...
by Billionaire
Sun Sep 24, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6558

Re: Spouse Money Management

It's not fair to compare this to a spousal situation. Any reason why she doesn't live with her folks/family? If she nets $2500.00 per year, I'd guess her gross is around $4,000.00, if that. Under the circumstances, I think you should foot the bill for all the expenses, except for maybe an incidental...
by Billionaire
Sun Sep 24, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Large inheritance -questions to ask potential advisors
Replies: 27
Views: 2846

Re: Large inheritance -questions to ask potential advisors

If you've been tinkering with stocks for 50 years, I'm guessing you are in your 70's. Tread slowly.