Search found 2474 matches

by munemaker
Thu Feb 22, 2018 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

This helped me a lot in planning for ObamaCare. I also saved a lot in taxable savings that I am drawing on. That way I don't trigger any taxes by selling off any investments, avoiding capital gains. Most of my other assets are tax deferred. You can position yourself well if you plan years in advanc...
by munemaker
Thu Feb 22, 2018 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

With any kind of insurance, it is normal to pay more in during any year than you get out. That is the principle of insurance. You are buying security. This is true of for-profit, individually rated insurance. That is not always true for health insurance, which is nowadays always group (even ACA is ...
by munemaker
Thu Feb 22, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 139
Views: 6095

Re: Long term care insurance

visualguy wrote:
Thu Feb 22, 2018 3:45 pm
...the median savings for families whose wage earners are between the ages of 56 and 61 is $17K. Most people are in an abysmal financial situation.
Yet the most frequent age for claiming social security is age 62: 42% of men, 48% of women. So go figure.
by munemaker
Thu Feb 22, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 139
Views: 6095

Re: Long term care insurance

westrichj312 wrote:
Thu Feb 22, 2018 2:06 pm
How many people do you think can afford 100K per year for their care in this country.
Most of the ones on this forum.
by munemaker
Thu Feb 22, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 139
Views: 6095

Re: Long term care insurance

Going the Medicaid route is fine if that's your choice. However, if you have a spouse, that may impoverish them as well. It all depends on the Medicaid rules in your state. An LTC partnership policy policy can lessen that. No expert here, but the Medicaid homes I have seen are not very nice. If you...
by munemaker
Thu Feb 22, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

This helped me a lot in planning for ObamaCare. I also saved a lot in taxable savings that I am drawing on. That way I don't trigger any taxes by selling off any investments, avoiding capital gains. Most of my other assets are tax deferred. You can position yourself well if you plan years in advance...
by munemaker
Wed Feb 21, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

With any kind of insurance, it is normal to pay more in during any year than you get out. That is the principle of insurance. You are buying security. This is true of for-profit, individually rated insurance. That is not always true for health insurance, which is nowadays always group (even ACA is ...
by munemaker
Wed Feb 21, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

When doing our taxes for 2017, we found out our gross income was $65,000 (aprox) about $5,000 over the ACA "subsidy" threshold. Now, according to our tax program. We "owe" the ACA $28,690 :shock: This means that I would have paid less than $20,000 if I did not have medical insurance. And, $8,690 ab...
by munemaker
Wed Feb 21, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 12
Views: 826

Re: Asset Allocation

TomatoTomahto wrote:
Wed Feb 21, 2018 7:49 am
I advised my son, your age more or less, that 10% bonds is “decimal dust,” so don’t bother.
I seem to remember an academic study that shows 90/10 provides better long term returns than 100/0, providing you rebalance.
by munemaker
Wed Feb 21, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4952

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

Advice to others: If you are planning to use ObamaCare, understand the rules a couple years in advance. There are a lot of things that can be done then. If you wait until the last minute, your options are limited.
by munemaker
Sat Feb 17, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 10754

Re: What has been your most important skill in achieving financial independence?

For me, the aha moment was understanding the time value of money calculations. Not just being able to plug and chug, but thoroughly understanding them to the point where they are intuitive and factor into all financial decisions you make.
by munemaker
Sat Feb 17, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacing Google Finance price quote function

munemaker The original post actually has the solution. Use the CONCAT function to build the http:... string in your importxml function. Somehow I overlooked this until you pointed it out. I was able get get it to work. Thanks NEW QUESTION: I have approximately 60 IMPORTHTML statements in my spreads...
by munemaker
Sat Feb 17, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 10812

Re: I'm Cancelling My Home Insurance

I absolutely hate paying my homeowners' insurance bill, perhaps more than any other bill. They seem to consistently raise rates way above the cost of living. On top of that, we are told not to submit claims because of the risk of cancellation, and with the CLUE reports, it may be difficult to pick ...
by munemaker
Sat Feb 17, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 10812

Re: I'm Cancelling My Home Insurance

I absolutely hate paying my homeowners' insurance bill, perhaps more than any other bill. They seem to consistently raise rates way above the cost of living. On top of that, we are told not to submit claims because of the risk of cancellation, and with the CLUE reports, it may be difficult to pick u...
by munemaker
Fri Feb 16, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

I find it quite remarkable that there are 5 pages of discussion on free meals, while on a different thread, many Bogleheads state thousands of dollars of new tax cuts are meaningless in their lives.
by munemaker
Fri Feb 16, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Tax: PA Inheritance Information Notice
Replies: 3
Views: 611

Re: Inheritance Tax: PA Inheritance Information Notice

THANKS !!! I was wondering what the state of PA considers an official record for "date of death valuation". It appears you are liable for the tax but not required to attach any supporting documentation. FYI - Vanguard sent me "date of death valuation" for the retail account but not the IRA account....
by munemaker
Fri Feb 16, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266509

Re: U.S. stocks in freefall

bligh wrote:
Wed Feb 14, 2018 4:38 pm
RRAAYY3 wrote:
Wed Feb 14, 2018 4:28 pm
Cheers to those who held... shots for those that bought more!
What about those of us who wanted to buy more, but hadn't kept any dry powder aside to do so. :)
Those are the smart ones, who stay fully invested and do not time the market.
by munemaker
Thu Feb 15, 2018 12:29 am
Forum: Personal Consumer Issues
Topic: Google Project Fi - "Device Protection" problem
Replies: 41
Views: 3344

Re: Google Project Fi - "Device Protection" problem

OP here with a final update. Received an email from Project Fi tonight offering to give me a credit for the amount they still owe me ($155) to fully reimburse me for the replacement phone I purchased from them. I have not heard from them for about a month and they had quit answering my emails. This ...
by munemaker
Wed Feb 14, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Do you think it is worth the money to travel to warm weather destinations during the winter?
Replies: 77
Views: 6427

Re: Do you think it is worth the money to travel to warm weather destinations during the winter?

This is a personal decision based on how much money you have and how much you like warm weather. No one can decide this for you. We usually spend a week in Florida and a week in the tropics every winter, so for us yes, it is worth it.
by munemaker
Wed Feb 14, 2018 12:45 am
Forum: Investing - Help with Personal Investments
Topic: Pay tuition cash or use student loans and invest instead or both
Replies: 12
Views: 741

Re: Pay tuition cash or use student loans and invest instead or both

If it were me, I would pay the tuition. I don't think it is a good idea to invest borrowed money.
by munemaker
Tue Feb 13, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Obligation to use car insurance proceeds?
Replies: 22
Views: 1589

Re: Obligation to use car insurance proceeds?

Insurance companies make check payable to body shop and policy holder if the car is financed, to protect the lender. If the car is not financed, you do not have to fix it. It is a free country! However, hidden damage is sometimes found during the repair process, and if there is any, you are not bein...
by munemaker
Tue Feb 13, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Tax: PA Inheritance Information Notice
Replies: 3
Views: 611

Re: Inheritance Tax: PA Inheritance Information Notice

I am not a lawyer but I did take an estate in PA through probate last year. There were 6 different financial institutions involved and none of them sent the notice you mentioned. You just list the number of shares and the value on the date of death on the inheritance tax return. You don't need the d...
by munemaker
Tue Feb 13, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

afan wrote:
Sat Feb 10, 2018 4:44 pm
...someone is recommending finding an estate planning lawyer through seminars. Not using the seminars for a few free dinners, mind you, but actually going to them as a strategy for finding a good attorney??!!
This is crazy thinking!
by munemaker
Tue Feb 13, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

I have previously posted that I have attended about 2 dozen of these dog-and-pony shows and I have enjoyed most of them. For a couple of years I was retired before DW was so I had time on my hands at mid-day so I acted on the numerous mail invitations that I received in those days. I usually droppe...
by munemaker
Tue Feb 13, 2018 1:14 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacing Google Finance price quote function

munemaker The original post actually has the solution. Use the CONCAT function to build the http:... string in your importxml function. Somehow I overlooked this until you pointed it out. I was able get get it to work. Thanks NEW QUESTION: I have approximately 60 IMPORTHTML statements in my spreads...
by munemaker
Tue Feb 13, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacement for Google Finance price quote function

afatcat wrote:
Mon Feb 12, 2018 10:24 am
munemaker you could also use the method jasg mentioned above using &A1&.
Could not get this to work, but I did get the CONCATENATE method to work; maybe I just had a syntax error somewhere.

Thanks
by munemaker
Mon Feb 12, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51175

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

fposte wrote:
Sat Feb 10, 2018 3:48 pm
...The news mainly wants to talk about the renewed ability to depreciate one’s racehorses, which is not exactly actionable info for me.
Sold my last racehorse in 2016, fortunately. Hoping for more favorable depreciation on my Lear Jet though.
by munemaker
Mon Feb 12, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacing Google Finance price quote function

Update: Try the WSJ's quote tool. Here's the result for VTSAX . I'm able to access the Total Returns table like this: =IMPORTHTML("http://quotes.wsj.com/mutualfund/VTSAX?mod=searchresults_companyquotes", "table", 3) Using the INDEX function described in this thread, you can extract the YTD, 1YR, 3Y...
by munemaker
Sat Feb 10, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping comprehensive/collision auto insurance - implications with rentals?
Replies: 23
Views: 1232

Re: Dropping comprehensive/collision auto insurance - implications with rentals?

When I plan to rent a car, I call my insurance agent and have them put full coverage on one of my cars. When I return, I call them again and tell them to remove it. Works fine for me.
by munemaker
Sat Feb 10, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 57
Views: 4803

Re: What backup service to use?

retire14 wrote:
Thu Nov 09, 2017 10:01 am
I am currently backing up my Mac with an external HD, but would like to find another backup mechanism. What backup service do you use and why? Is iCloud a good backup?Thanks.
I use the Google cloud. Inexpensive and convenient.
by munemaker
Sat Feb 10, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: "Personal Capital" program
Replies: 14
Views: 1343

Re: "Personal Capital" program

simas wrote:
Sat Feb 10, 2018 8:25 am
The 'advisor' contacts you (or tries to) once a quarter - if you do not need the service, don't pick up or just say no.
Or just put in some phone number other than yours. This works. I know!
by munemaker
Sat Feb 10, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacement for Google Finance price quote function

Any chance you have a daily change function using the marketwatch quote? Let's look at the original function for the closing NAV and the source itself: =VALUE(Right((Index(ImportHtml(CONCATENATE("http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=",B2,"&insttype=Fund"), "table"),3,1))...
by munemaker
Sat Feb 10, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Should you sell your investments when they start dropping? When should you invest during this market correction?
Replies: 52
Views: 4131

Re: Should you sell your investments when they start dropping? When should you invest during this market correction?

Should you sell your investments when they start dropping? When should you invest during this market correction? You should not let a market correction influence your investing decisions. This means you should not sell your investments when they start dropping and you should not invest more than us...
by munemaker
Fri Feb 09, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3266

Re: Does Shiller PE imply negative returns?

https://www.gurufocus.com/shiller-PE.php Shiller PE is currently at 31 to 32. According to Guru focus, this suggests that stock returns will be around negative 2 to 3 percent over the next 8 years. How seriously do people take Shiller PE, and what it implies about future returns? Why? :happy People...
by munemaker
Fri Feb 09, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Market Drop - Good Entry point?
Replies: 9
Views: 1375

Re: Market Drop - Good Entry point?

You seem to be timing the market. Don't worry about that. Just get it in there.
by munemaker
Fri Feb 09, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

... I will get all reffed up to expose what I consider how the"attendees" are taking advantage of, while the "attendees" consider "Wildebeest" a jerk for asking the tough questions to the presenter, who just paid for dinner. When someone buys me dinner, I am respectful and polite (while declining t...
by munemaker
Thu Feb 08, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

If you want some idea of what to expect then check out this link... http://www.wealthmanagement.com/forums/prospecting-marketing-and-selling/successful-seminars This is a link to the forum for Registered Reps. Basically the Boglehead's nemesis. As you will see, if you attend and don't buy then you ...
by munemaker
Thu Feb 08, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4548

Re: Replacement for Google Finance price quote function

Any chance you have a daily change function using the marketwatch quote? Let's look at the original function for the closing NAV and the source itself: =VALUE(Right((Index(ImportHtml(CONCATENATE("http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=",B2,"&insttype=Fund"), "table"),3,1))...
by munemaker
Thu Feb 08, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

There is no such thing as "free". Someone is paying, just who that someone is is up to the attendee. Definition of free: adverb 1. without cost or payment. "ladies were admitted free" So if a salesman pays, it is "without cost or payment" from you, hence "free" to you. That's the context.
by munemaker
Thu Feb 08, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

KlingKlang wrote:
Thu Feb 08, 2018 6:10 pm
Be prepared to get a cheap, overcooked chicken dinner followed by at least a hundred follow up phone calls.
I guess they all vary, but of the three I have gone to, none have been as you describe. No rubber chicken and zero follow up phone calls.
by munemaker
Thu Feb 08, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266509

Re: U.S. stocks in freefall

RRAAYY3 wrote:
Thu Feb 08, 2018 3:15 pm
MrNewEngland wrote:
Thu Feb 08, 2018 3:00 pm
parsi1 wrote:
Thu Feb 08, 2018 2:46 pm
Once more international is dropping the same or more than US
Why is that?
because I've put in like 10K over the last 2 weeks - oh well, buy more i guess
Back up the truck at these prices man!
by munemaker
Thu Feb 08, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Does the drop warrant moving money out of safe 3% savings account?
Replies: 11
Views: 1275

Re: Does the drop warrant moving money out of safe 3% savings account?

I think the title is pretty explanatory. DW and I are teachers and have a "Summer Savers" account in which we can put $2k per month for 3% from September to June and have to withdraw it by the next September. It is short term savings anyway and will go into taxable brokerage next September, but it ...
by munemaker
Thu Feb 08, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: How to short TSLA?
Replies: 50
Views: 2654

Re: How to short TSLA?

The mechanics of shorting a stock are pretty simple. I did it for the first time without any assistance. The mechanics are simple, but make sure you fully understand the risk. When you own a stock, it can only fall to zero. When you short a stock, there is no upper limit to how high the price can g...
by munemaker
Thu Feb 08, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

How does one get invited to such events? I've never received any invitations of this sort. Perhaps I'm not part of the targeted demographic? (Age: 36) I was wondering the same thing. While getting a good free meal sounds enticing, it's probably a good thing that I'm not getting such invitations. I ...
by munemaker
Thu Feb 08, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15861

Re: free dinner investing seminar

During the past year, DW and I have attended 3 of these free dinners. All three were low pressure, and while they initially appear to be talking investing, the presentations inevitably have an insurance twist to them. I followed up with 2 of the three for their free meeting. In both cases, they trie...
by munemaker
Wed Feb 07, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity balances not updating on Personal Capital
Replies: 3
Views: 318

Fidelity balances not updating on Personal Capital

Anyone else getting this message from Personal Capital: Due to the recent market volatility on February 7th, 2018, Fidelity Investments has requested that we suspend account aggregation.These issues have been reported to our aggregation team who are working with Fidelity Investments to enable accoun...
by munemaker
Wed Feb 07, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 4006

Re: Retired or close to it -- what do you hold in bond portion?

Age 64, Retired for 1 year. Asset Allocation = 50/50. Our only bond fund is the Vanguard Total Bond Market Fund (VBTLX).
by munemaker
Tue Feb 06, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Why GNMAs Shouldn't Be Your Bond Choice
Replies: 70
Views: 4921

Re: Why GNMAs Shouldn't Be Your Bond Choice

If you are going to have only one bond fund I think a GNMA fund would be near the bottom of most of our lists of choices. Based on what though? That's what I want to know! It seems to have higher risk adjusted return, and isn't that what it's all about? I am retired with a multi-million dollar port...
by munemaker
Tue Feb 06, 2018 3:33 pm
Forum: Forum Issues and Administration
Topic: we need an individual stock sub forum
Replies: 31
Views: 1285

Re: we need an individual stock sub forum

I consider myself a partial boglehead. Like many on this forum, the bulk of my money is tied up into index funds (70-80% of it) but I actively manage the rest. I think it would be great for the community if we had an individual stock sub-forum. Thoughts? You would be better off ditching the individ...