Search found 333 matches

by Billionaire
Tue Feb 18, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: Having no luck finding a professional fiduciary
Replies: 45
Views: 3194

Re: Having no luck finding a professional fiduciary

I'm sorry to hear about this frustrating situation. Have you tried your bank or brokerage company? I thought most of the big ones provide the service. My wife, a cancer survivor, is currently going through problems communicating with one of her Drs. Numerous attempts to contact him have resulted in ...
by Billionaire
Mon Feb 17, 2020 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: do you check your taxes when using tax software?
Replies: 54
Views: 3276

Re: do you check your taxes when using tax software?

I print the forms to a PDF and check for reasonableness. That's what I do. I also double check my entries after the initial input. I gotta believe if there is a math problem, it's discovered somewhat early in the filing season and corrected on the current version of the software. The worksheets are...
by Billionaire
Sat Feb 15, 2020 8:39 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct and great Customer Service
Replies: 4
Views: 384

Re: TaxAct and great Customer Service

I spoke with technical support, tax assistance and finally customer service and ended up with a 50% discount on the cost of filing a Form 1041 for a trust. Thanks.
by Billionaire
Fri Feb 14, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and great Customer Service
Replies: 4
Views: 384

Re: TaxAct and great Customer Service

Well that's interesting. Just last night and this morning I had a not so pleasant experience with them via chat. Since they couldn't answer my question, it was suggested that I call the IRS. I can't even find the 800 number for them. Care to share it?
by Billionaire
Thu Feb 13, 2020 4:32 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 372
Views: 23565

Re: What is the best concert you ever witnessed?

It would be difficult for me to ID the best, but here are some of the biggies. ELP at Convention Hall in Asbury Park, NJ in 1972 John Lennon, Yoko Ono and others at the One-to-One Benefit Concert at Madison Square Garden in August 1972. George Harrison at Madison Square Garden in December 1974. Paul...
by Billionaire
Tue Feb 11, 2020 6:54 pm
Forum: Personal Consumer Issues
Topic: Turbo Tax Basic Problem
Replies: 5
Views: 665

Re: Turbo Tax Basic Problem

I googled the topic and among many results, this was displayed.

https://ttlc.intuit.com/community/troub ... s/00/25724
by Billionaire
Mon Feb 03, 2020 9:04 pm
Forum: Personal Investments
Topic: pennies for your thoughts
Replies: 11
Views: 1518

Re: pennies for your thoughts

How was the money transferred? It's possible that Vanguard will sweep the EJ account periodically and bring over any addition funds, such a dividend that was due, but not paid until after the initial transfer.
by Billionaire
Tue Jan 28, 2020 6:04 am
Forum: Personal Consumer Issues
Topic: Dog repellent when biking
Replies: 63
Views: 2736

Re: Dog repellent when biking

I've been riding on country roads for decades and usually get to know the aggressiveness of the dogs on the route. But, if a dog gets too close, I unclip my pedals, hop off the bike and put the bike between the dog and myself. Has always worked. Do no use bear spray. It's a super dangerous product i...
by Billionaire
Mon Jan 27, 2020 8:56 am
Forum: Personal Investments
Topic: Executor of an estate
Replies: 51
Views: 3619

Re: Executor of an estate

I'd like to thank Gill for his clear explanation of the duties of the executor in this regard. If I may slightly expand the scope of the OP's question, is the advice (and potential for liability) any different if we are talking about a trust and the duties of a successor trustee, assuming that the ...
by Billionaire
Sat Jan 25, 2020 10:54 am
Forum: Personal Finance (Not Investing)
Topic: When and why do you need a trust?
Replies: 17
Views: 2232

Re: When and why do you need a trust?

From my limited experience/exposure, I would say your mom, for the purpose of qualifying for medicaid, is not a candidate for a trust. I believe most nursing homes will require a period of time for her to pay the full daily/monthly rate, before assigning her a medicaid room. It can be as high as a t...
by Billionaire
Fri Jan 24, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: I am not very good at my job
Replies: 48
Views: 7782

Re: I am not very good at my job

My wife was a teacher for close to 30 years. Every year it seems one teacher was saddled with the majority of the behavior problems. Can't really say there was ever any logic applied to which teach got the honors. I worked in IT for 28 years. There are plenty of charlatans floating around in the ind...
by Billionaire
Mon Jan 20, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1428

Re: CPA Question

I can save you $1200.00 right off the bat. Stop using the CPA for calculating your quarterly estimates. Use your tax liability from the previous year a a measure of how much to pay for the current year. I was thinking the same thing $300 for quarterlies is a ripoff. Without knowing the nature, amou...
by Billionaire
Mon Jan 20, 2020 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1428

Re: CPA Question

I can save you $1200.00 right off the bat. Stop using the CPA for calculating your quarterly estimates. Use your tax liability from the previous year a a measure of how much to pay for the current year. The other common situation involves partnerships, such as large law firms, where much of the yea...
by Billionaire
Mon Jan 20, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1428

Re: CPA Question

I can save you $1200.00 right off the bat. Stop using the CPA for calculating your quarterly estimates. Use your tax liability from the previous year a a measure of how much to pay for the current year. What you suggest will work in most situations, but there are many situations where it will not w...
by Billionaire
Mon Jan 20, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1428

Re: CPA Question

I can save you $1200.00 right off the bat. Stop using the CPA for calculating your quarterly estimates. Use your tax liability from the previous year a a measure of how much to pay for the current year.
by Billionaire
Tue Jan 14, 2020 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 35
Views: 3322

Re: TaxAct Discounts for 2019 version

I see all the complaints about TaxAct increasing their prices, but I'm looking into using it for my mother's trust and estate tax returns. Two returns. Does anybody have any other suggestions for software that would be compatible with a MAC and can be used for trusts and estates? TurboTax HR Block ...
by Billionaire
Sat Jan 11, 2020 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 35
Views: 3322

Re: TaxAct Discounts for 2019 version

I see all the complaints about TaxAct increasing their prices, but I'm looking into using it for my mother's trust and estate tax returns. Two returns. Does anybody have any other suggestions for software that would be compatible with a MAC and can be used for trusts and estates? TurboTax HR Block ...
by Billionaire
Tue Jan 07, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 35
Views: 3322

Re: TaxAct Discounts for 2019 version

I see all the complaints about TaxAct increasing their prices, but I'm looking into using it for my mother's trust and estate tax returns. Two returns.

Does anybody have any other suggestions for software that would be compatible with a MAC and can be used for trusts and estates?
by Billionaire
Mon Jan 06, 2020 7:03 pm
Forum: Personal Consumer Issues
Topic: Just got a rent check dated 1/1/19
Replies: 41
Views: 4054

Re: Just got a rent check dated 1/1/19

Yes, I would cash it, as is. Back in my accounting days in 1978, my manually created paycheck was not signed by my boss. I cashed it, no problem.
by Billionaire
Sun Jan 05, 2020 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: For those who got out of tech industry (voluntarily or involuntarily)..
Replies: 109
Views: 8594

Re: For those who got out of tech industry (voluntarily or involuntarily)..

I retired in 2018 after spending 27 years in IT. The majority of the time was supporting SAP modules. The company I spent the most time with had so much custom code in place, there was no way they could get rid of me. If they ever considered out sourcing the work, it was short lived. When a producti...
by Billionaire
Sat Jan 04, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: When to Collect SS
Replies: 55
Views: 3100

Re: When to Collect SS

I struggled with this very question of when to begin claiming for years- I played with numbers and did computations and nearly drove myself nuts. Then I came across a quote here on Bogleheads and it really helped me calm down and look at it all in a more measured manner. I apologize with all my hea...
by Billionaire
Fri Jan 03, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: When to Collect SS
Replies: 55
Views: 3100

Re: When to Collect SS

If you truly don't need the money, don't collect ever. Look at the good you'll be doing mankind. How Can a Poor Man Stand Such Times and Live.
by Billionaire
Thu Jan 02, 2020 4:40 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab losing their edge?
Replies: 14
Views: 2000

Re: Charles Schwab losing their edge?

I'm willing to give any financial institution a pass for not having online access on one of the most important holidays of the year. I did, however, notice the incorrect account valuation about 7-10 days ago and wondered what that was all about. So it wasn't me. I was very curious to see the divide...
by Billionaire
Tue Dec 31, 2019 10:09 pm
Forum: Personal Investments
Topic: I just accidentally bought $83K in ETF stock
Replies: 25
Views: 3756

Re: I just accidentally bought $83K in ETF stock

livesoft wrote:
Tue Dec 31, 2019 6:19 pm
I don't use Vanguard because it doesn't update anything in real-time, so you really have no chance of not repeating this.
[edited for typos]
It's inexcusable.
by Billionaire
Sun Dec 29, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Could not get a Macy's store credit card!
Replies: 20
Views: 2281

Re: Could not get a Macy's store credit card!

I'm guessing it's because of the hold you have on your credit. If it's currently in place, you'll get denied. The Macy's salesperson probably wasn't in a position to tell you why it was denied.
by Billionaire
Wed Dec 18, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: New to Inheritance - What to expect
Replies: 18
Views: 2349

Re: New to Inheritance - What to expect

I just wanted to inquire in regards to an expected inheritance at some point in the near future - how exactly that would play out. This is due to both parents having ultimately passed at this point (the remaining just recently in the past few months past age 70, and had already been taking RMD's) a...
by Billionaire
Mon Dec 16, 2019 7:45 am
Forum: Personal Investments
Topic: 8 years from retiring at 70
Replies: 24
Views: 2929

Re: 8 years from retiring at 70

How did the topic come up and what made her ask you for advice? Understanding why they both want to work until they are 70 would also be good to know. Others have given good advice and I would also avoid giving detailed investment advice.
by Billionaire
Sun Dec 15, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7182

Re: Car financing denied after 2 weeks

The only lenders offering 0% financing are the finance dept of the car manufacturers. Decisions on these loans are made in minutes. Not 2 weeks. Spot delivery and yo-yo financing have been around for awhile: https://www.edmunds.com/car-loan/dont-fall-prey-to-spot-delivery-scams-and-yo-yo-financing....
by Billionaire
Sun Dec 15, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7182

Re: Car financing denied after 2 weeks

SmallCityDave wrote:
Sun Dec 15, 2019 8:45 am

0% financing and CC rewards is how so many on this forum have become financially independent ;)
In the grand scheme of wealth building, those are small parts of the equation. I'd say about .01 %. A) How often do you buy a car? B) Is 0% financing available for the vehicle you want?
by Billionaire
Sun Dec 15, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7182

Re: Car financing denied after 2 weeks

Folks, in today's business environment, if a dealership offers a 0% interest rate to me, I'm walking out of the place. That's a clear indication that some funny business is about to take place. Caveat emptor.

Regards,
Billionarie
by Billionaire
Sun Dec 15, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Places to Go Out When You Don't Want to Spend Much or Any Money
Replies: 129
Views: 10897

Re: Places to Go Out When You Don't Want to Spend Much or Any Money

I would add panhandling to the list. It doesn't cost anything and you can make a few bucks doing it.
by Billionaire
Sun Dec 15, 2019 7:11 am
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7182

Re: Car financing denied after 2 weeks

This thread is downright maddening. 1. A brand new member uses this topic as his/her initial entry into the forum and hasn't reappeared. 2. Not sure how old the child is, but buying a vehicle with a 72 month (six years) loan is buying way too much automobile for anybody at any age. 3. No consumer sh...
by Billionaire
Sat Dec 14, 2019 10:58 am
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7182

Re: Car financing denied after 2 weeks

I didn't think it was possible to drive a car off of a dealers lot without first securing financing.
by Billionaire
Mon Nov 25, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: We have a prenup, now buying a house.
Replies: 117
Views: 7481

Re: We have a prenup, now buying a house.

Put the house 100% in your wife's name with you, the husband, paying all the expenses, including the down payment and monthly PITI. It's only money after all.
by Billionaire
Mon Nov 25, 2019 6:20 am
Forum: Personal Consumer Issues
Topic: At what point would you hire someone vs. cut down a tree yourself?
Replies: 101
Views: 6387

Re: At what point would you hire someone vs. cut down a tree yourself?

TnGuy wrote:
Fri Apr 19, 2019 12:59 pm
TREE CUTTING FAILS. EPIC COMPILATION - [4:29]


David
That's great. Well, maybe not. I was just about to tell everybody about a former co-worker who lost his hearing after a tree he was cutting down hit him in the head.
by Billionaire
Sat Nov 23, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Help: Husband's Surprise Debts
Replies: 183
Views: 19486

Re: Help: Husband's Surprise Debts

Kudos to the OP for continuing to refer to her spouse as DH.
by Billionaire
Fri Nov 22, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: Musical Instrument Insurance
Replies: 22
Views: 948

Re: Musical Instrument Insurance

I own a vintage guitar and when I started playing out more and more, I decided to buy a less expensive guitar to play at performances. The back-up does the job. I just play local gigs and have seen instruments get their fair share of dings and the like. That's what happens.
by Billionaire
Fri Nov 08, 2019 7:27 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 62
Views: 5682

Re: How bad business travel is?

Between 1998 and 2001, I traveled weekly as an IT consultant. The money was great and the per diem went a long way. Traveling through the mid-west always seemed to result in some sort of flight delay. Other delays for short 90 minute flights took their toll and I really starting to dislike the lifes...
by Billionaire
Sat Nov 02, 2019 6:18 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2018!
Replies: 384
Views: 74943

Re: Roll Call for the Retirement Class of 2018!

January 2nd, as in this coming Tuesday. After taking a breather, I may look for part-time or full-time work. The only thing I was enjoying was the $$$ and maxing out my 401K and HSA accounts. The work got boring and stupid, plus the people were draining. Billionaire checking in. I haven't logged on...
by Billionaire
Mon Apr 30, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 13120

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Visit your local REI store and load up on supplies. If you are not already a member of the co-op, you should join and take advantage of the membership benefits.
by Billionaire
Thu Feb 01, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 11062

Re: WHY do wireless routers need periodic reboots?

Well this is timely (I think). The last two days Turbo Tax has attempted to upload a software update and failed both times. I was doing this during daylight hours. I Googled the topic and there are threads on Turbo Taxes website about the trouble shooting steps that need to be followed. :twisted: T...
by Billionaire
Thu Feb 01, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 11062

Re: WHY do wireless routers need periodic reboots?

Well this is timely (I think). The last two days Turbo Tax has attempted to upload a software update and failed both times. I was doing this during daylight hours. I Googled the topic and there are threads on Turbo Taxes website about the trouble shooting steps that need to be followed. :twisted: Th...
by Billionaire
Tue Jan 30, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 4745

Re: Should I join Linkedin?

You mean the program that searches through your contacts so you can it can spam your friends in your name without your permission? Bingo!! I've told a friend of mine that I keep getting invites from him to join Linkedin. He still doesn't get it. I had an account and deleted it. Too many unwanted so...
by Billionaire
Tue Jan 30, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Opportunity to buy company stock at a discount
Replies: 30
Views: 2562

Re: Opportunity to buy company stock at a discount

It sounds like an ESPP plan. You use the word defer. I don't think you are deferring $6,000.00 of income per year. I'd guess you are using after tax payroll deduction to buy the stock. Additionally, you are actually buying $7,058.82 worth of stock at the 15% discount, which comes out to $6,000.00. S...
by Billionaire
Mon Jan 29, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 16
Views: 1857

Re: New job offer

That's a healthy bonus at the new job. What is it based on? Is it guaranteed? I suspect not.
by Billionaire
Mon Jan 29, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Sanity check of SS with less than 35 years earnings
Replies: 31
Views: 4815

Re: Sanity check of SS with less than 35 years earnings

Yes, that tool is very cool.
Question - could somebody put into simple language the definition behind each of the three bend points that are discussed so frequently?
by Billionaire
Mon Jan 29, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Should I join my local Freemasons?
Replies: 31
Views: 5846

Re: Should I join my local Freemasons?

Here is a piece of absurd music trivia. John Entwistle, the Who's late bass player, was a Freemason. From his Wikipedia page.... "One aspect of Entwistle's life emerged after his death that came as a surprise even to those closest to him, including the members of the Who. "It wasn't until the day of...
by Billionaire
Sat Jan 27, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: I don't think my lady is very good at saving money, how do I handle?
Replies: 50
Views: 4374

Re: I don't think my lady is very good at saving money, how do I handle?

Well you aren't married and haven't negotiated the financial aspects of living together well. She is entitled to spend as she likes. If she was plowing money into a solo 401k or similar savings vehicle, her spending wouldn't bother me as much.
by Billionaire
Thu Jan 25, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trip cancellation insurance
Replies: 47
Views: 3611

Re: Trip cancellation insurance

Trip cancellation insurance paid off once for me. That being said, I have not bought it for several years/trips now that my VISA card provides insurance up to $5,000.00 per person, per year. Edit to add, I suspect the $611.00 is the price if purchased through Road Scholar. You can probably do better...
by Billionaire
Sun Jan 21, 2018 12:06 pm
Forum: Personal Investments
Topic: Choosing 403(b) TIAA Investments
Replies: 22
Views: 2807

Re: Choosing 403(b) TIAA Investments

I have a decedent account at TIAA. All the money is invested in the Guaranteed Interest Fund. It's been paying 3% for the entire 5 years I've owned it. I consider it part of my bond allocation.