Search found 512 matches

by misterno
Mon Aug 12, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

I wonder why chinese electric cars are never sold in USA They are so cheap and sales volume is in millions in China A large majority of the EV's being sold in China are classified as Low Speed Electric Vehicles, or what the US classifies as Neighborhood Electric Vehicles. They are sold in the US an...
by misterno
Mon Aug 12, 2019 6:01 am
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

I wonder why chinese electric cars are never sold in USA

They are so cheap and sales volume is in millions in China
by misterno
Sun Aug 11, 2019 2:02 am
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

esteen wrote:
Sat Aug 10, 2019 10:14 pm
VTSAX :beer
And what is your reason?
by misterno
Sun Aug 11, 2019 1:58 am
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

Oil is also feedstock for much of the chemical industry I think. Insulating coating for the wire used in the electric car motor windings? Didn't Mr. Rockefeller say that no one can predict future oil prices,so if you want to build a great oil company you have to figure out how to make a profit when...
by misterno
Sun Aug 11, 2019 1:58 am
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

Wherever i look or read i see articles talking about sales explosion in electric cars all over the world. Sooner or later in the long run, this will depress oil prices. This is inevitable. If you believe 10% that oil prices will decrease big time say in 10 years, where would you invest to get the m...
by misterno
Sun Aug 11, 2019 1:56 am
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

Re: If you think oil prices will drop where would you invest?

If you're looking to gamble, you could sell oil futures to short the price. https://www.theoptionsguide.com/crude-oil-futures-selling.aspx Unfortunately this does not work for me. I am predicting oil price to drop in the long run but option price rises with time. It is a very expensive investment
by misterno
Sat Aug 10, 2019 1:50 pm
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 3508

If you think oil prices will drop where would you invest?

Wherever i look or read i see articles talking about sales explosion in electric cars all over the world. Sooner or later in the long run, this will depress oil prices. This is inevitable. If you believe 10% that oil prices will decrease big time say in 10 years, where would you invest to get the mo...
by misterno
Wed Jul 03, 2019 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 84
Views: 8447

Re: Churning Credit Cards

The problem with churning is even though i have 800+ credit score and no bankruptcy or late payments in the ladt 30 years my credit card applications are rarely approved due to too many inquiries in the past If i can overcome this problem i will be golden but i can not Too many inquiries or too man...
by misterno
Wed Jul 03, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 84
Views: 8447

Re: Churning Credit Cards

The problem with churning is even though i have 800+ credit score and no bankruptcy or late payments in the ladt 30 years my credit card applications are rarely approved due to too many inquiries in the past

If i can overcome this problem i will be golden but i can not
by misterno
Sun May 26, 2019 1:26 pm
Forum: Personal Investments
Topic: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction
Replies: 24
Views: 1200

Re: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction

Sorry to repeat my question; Maybe i am missing something but if i am a small business owner i can invest thru solo401k as tax deductible where there is no income phase out. So why bother with roth ira in this situation? So that you don’t have to pay taxes when you withdraw the money. Same reason a...
by misterno
Sun May 26, 2019 10:37 am
Forum: Personal Investments
Topic: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction
Replies: 24
Views: 1200

Re: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction

Sorry to repeat my question;

Maybe i am missing something but if i am a small business owner i can invest thru solo401k as tax deductible where there is no income phase out. So why bother with roth ira in this situation?
by misterno
Sat May 25, 2019 8:45 pm
Forum: Personal Investments
Topic: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction
Replies: 24
Views: 1200

Re: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction

fyre4ce wrote:
Sat May 25, 2019 6:54 pm
Are you incorporated or sole proprietor?

The contribution limits for a Solo 401k and an IRA are completely independent.
I am sole prop
by misterno
Sat May 25, 2019 6:24 pm
Forum: Personal Investments
Topic: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction
Replies: 24
Views: 1200

Re: Calculating Traditional vs Roth Solo 401k Contributions With QBI Deduction

Thank you. I forgot to say that there's state tax marginal rate of 9.3%. Solo 401k contributions are deductible for state tax too, is that right? Yes for California. Ah ok thank you. You wrote earlier that deductions are 80% x 24%. Is that because only 80% of a solo 401k contribution is deductible?...
by misterno
Sat May 25, 2019 4:51 pm
Forum: Personal Investments
Topic: Question about solo 401k
Replies: 13
Views: 859

Re: Question about solo 401k

I was born in january 69 so am i considered 50 or over to do solo 401k catch up contribution? The reason i prefer solo401k over sepira is because in sepira i can only contribute 20% of business net income. But witk solo401k i can contribute 19k plus 20% of business net income (total up to 56k). Is t...
by misterno
Sat May 25, 2019 12:02 pm
Forum: Personal Investments
Topic: Question about solo 401k
Replies: 13
Views: 859

Re: Question about solo 401k

In my limited experience (3 megacorp 401Ks) fees are increased whenever possible for ex-employees. In one case the fees were raised for everyone, in two cases the fees seemed to almost double as soon as I left. In all 3 cases I rolled over to IRA so I could control costs. I use Fidelity Solo 401Ks ...
by misterno
Sat May 25, 2019 12:02 pm
Forum: Personal Investments
Topic: Question about solo 401k
Replies: 13
Views: 859

Re: Question about solo 401k

1. Why not consider the idea to leave the 401k alone? If you have more than $5k in the 401k account, the employer cannot force you to move the 401k account out. You are allowed to leave it in place. The main reason to do this would be for the Asset Protection reasons (401k plans have very strong cr...
by misterno
Fri May 24, 2019 5:06 pm
Forum: Personal Investments
Topic: Question about solo 401k
Replies: 13
Views: 859

Question about solo 401k

1- what is the best brokerage to move my 401k to? I was recently laid off and i need to move my 401k to a less fee environment. am invested 100% to sp500 index and fidelity offers 0% expense ratio sp 500 index fund. But is there a 401k fee like i used to pay in empower retirement? 2- i have a sole p...
by misterno
Mon May 20, 2019 8:21 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

The price seems reasonable, in fact in comparison to my replacement windows your price much lower price per window. Mine were more expensive due to having wind-rated windows. If your quote was for wind-rated windows, I'd be all over it. As you know, Houston can get breezy. Is this the only bid you ...
by misterno
Mon May 20, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

For $25/window, I would definitely go for the better windows. Window replacement is expensive enough that you want it done right the first time, with the right materials. You definitely want low e glass, especially in someplace that gets hot. Have you got bids from other contractors? We didn’t pay ...
by misterno
Mon May 20, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

So the energy star pkg probably includes a low e coating on the glass, vs clear glass. It could also include insulating foam in the vinyl profile. It appears that the TG2 is a triple paned window which means that there are two spaces filled with Argon to prevent heat transfer. Did the salesperson h...
by misterno
Mon May 20, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

I googled them on the Better Business Bureau and they have lots of complaints (74) ranging from delivery issues to product issues. I would use caution when dealing with them just because of that. https://www.bbb.org/us/tx/houston/profile/windows/window-world-0915-90012150/complaints Those are horri...
by misterno
Mon May 20, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

The price seems reasonable, in fact in comparison to my replacement windows your price much lower price per window. Mine were more expensive due to having wind-rated windows. If your quote was for wind-rated windows, I'd be all over it. As you know, Houston can get breezy. Is this the only bid you ...
by misterno
Mon May 20, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Re: Anybody recommending Windows World?

No suggestions at all?

Nobody ever used ww?
by misterno
Sun May 19, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 1761

Anybody recommending Windows World?

I got the attached bid from my 25 windows. Salesguy pushing 4000 series but upon researching I found out that they make money on the 4000 than the 6000 But 6000 has a huge advantage in power savings not to mention more durable frame and other things Price is difference is 25 dollars per window. One ...
by misterno
Sat May 18, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Questions about Cobra
Replies: 5
Views: 554

Questions about Cobra

Ex employer says last day of cobra coverage August the 19th Going overseas on may the 27th so i do not need healthcare until i come back on august the 13th According to the federal law, i can only get new health insurance in the middle of the year if there is a special occasion like losing cobra cov...
by misterno
Mon Apr 29, 2019 11:20 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 73
Views: 6454

Re: out of network emergency visits. Huge bill!!!

mrsbetsy wrote:
Mon Apr 29, 2019 9:27 pm
I am so sad that you are facing this astronomical bill. Our insurance has a maximum out of pocket amount and I'm certain it is less than 9K.
There is a difference between out of network maximum out of pocket and in network maximum out of pocket.
by misterno
Fri Apr 19, 2019 6:11 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1828
Views: 295713

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Hadn't seen this posted for 2019 yet, so apologies if a repeat. The higher E*Trade offer is back with a Dec 2019 expiration. https://us.etrade.com/what-we-offer/how-it-works/bailer-enrollment?mp_id=210232705&ch_id=D&cd_id=95341849 It says money has to stay 6 months to earn the bonus. So i can keep ...
by misterno
Wed Apr 17, 2019 3:28 pm
Forum: Personal Investments
Topic: Can i file extension although i filed taxes already?
Replies: 7
Views: 656

Re: Can i file extension although i filed taxes already?

Talked to vanguard again Because i attempted the transaction on the 15th, system coded the transaction as 2018 contributuon. Trade date is 16th but this is fine because i made the contribution when the markets were closed anyway. They said as long as it is coded as 2018 contribution i am fine. And y...
by misterno
Wed Apr 17, 2019 3:01 pm
Forum: Personal Investments
Topic: Can i file extension although i filed taxes already?
Replies: 7
Views: 656

Re: Can i file extension although i filed taxes already?

Let me clarify The return was correct. It is just that the sep ira contribution wasl made 1 day late. So the tax return was done on time on 15th, the ira contribution was done on 16th so it is 1 day late. Should i file the amendment or should i cancel transaction then amend the return and then make ...
by misterno
Wed Apr 17, 2019 9:54 am
Forum: Personal Investments
Topic: Can i file extension although i filed taxes already?
Replies: 7
Views: 656

Can i file extension although i filed taxes already?

On april 15 i filed my taxes and invested in ira thru vanguard the same day On april 16, vanguard emails me saying i did not choose checking account but mm fund to fund the purchase. I called next day ti correct the pro lem but ira should be funded until 15th and technically i am late Vanguard csr s...
by misterno
Tue Apr 16, 2019 9:55 pm
Forum: Personal Investments
Topic: Lost my job. How to move money from 401k
Replies: 3
Views: 770

Lost my job. How to move money from 401k

I had close to 300K in my employer's 401k plan several months ago when I was laid off. Due to life circumstances totally forgot about it until yesterday while doing taxes. So I checked empower retirement's website only to see bunch of fees from the management company. 100% of the money is invested i...
by misterno
Sat Apr 06, 2019 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Question about social security
Replies: 5
Views: 939

Re: Question about social security

It she works or worked in the past, it might actually make sense for her to claim on her own record when she is 62, then switch to 1/2 of your benefit when you retire and claim your benefit. Here’s a good calculator where you can enter the specifics of your situation and get recommendations: https:...
by misterno
Sat Apr 06, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Question about social security
Replies: 5
Views: 939

Question about social security

I was born after 1960 so my full retirement is at age 67. At that time my wife will be 64

If i start receiving soc sec at 67 can she get the half of what i get at the same time or she has to wait until 67?
by misterno
Fri Feb 22, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How To Potentially Save Money For Planned Surgery
Replies: 9
Views: 737

Re: How To Potentially Save Money For Planned Surger

No matter what the cost is it can not exceed your out of pocket expense (OOP). Sure it can. On my plan, for instance, balance billing charges don’t apply to the out of pocket limit. One out of network anesthesiologist is all it takes for an unpleasant surprise on top of the out of pocket limit. Exa...
by misterno
Thu Feb 21, 2019 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: How To Potentially Save Money For Planned Surgery
Replies: 9
Views: 737

Re: How To Potentially Save Money For Planned Surgery

This may be common sense for some of you but for me - this is new stuff (and hey I can't complain as I've enjoyed good health over the years - knock on wood!) picked up on a few lessons the hard way. Seeing the thread about emergency costs recently gave me the idea to share my lessons in case they ...
by misterno
Mon Dec 31, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: How to get the best deal on cruise?
Replies: 14
Views: 1517

Re: How to get the best deal on cruise?

westie wrote:
Mon Dec 31, 2018 8:26 am
Have you cruised with Carnival before? I'd pick a different cruise line if I were 40+.
Why did you say that?

Carnival is the only one that goes to bahamas from galveston. I live in houston
by misterno
Mon Dec 31, 2018 12:04 am
Forum: Personal Consumer Issues
Topic: How to get the best deal on cruise?
Replies: 14
Views: 1517

Re: How to get the best deal on cruise?

Tdubs wrote:
Sun Dec 30, 2018 10:37 pm
Well, it looks like Costco is the winner. It was for me too. I couldn't really bargain a better deal--ship was fully booked.
just curious how can costco be cheaper than the cruiseline itself?

Also what is the cheapest internet on cruise?
by misterno
Sun Dec 30, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: How to get the best deal on cruise?
Replies: 14
Views: 1517

How to get the best deal on cruise?

I am looking at this deal https://www.vacationstogo.com/fastdeal.cfm?deal=13985 it fits perfectly to our schedule because it fills up the 7 days of all Thanksgiving holiday. We are 3 people and vacationstogo quote me $2,800 incl taxes carnival website quote me $2,593 incl taxes Costco $2,453 (plus 1...
by misterno
Wed Oct 10, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2485

Re: What do you think of the Tesla craziness?

TESLA is a rich guy's toy. It will never manufacture cars that will appeal to mid income populace which is where the huge potential is. Even though Tesla 3 is advertised as $35K, average price that is sold is close to $50K. Rich people dispose their Audis and Mercedes or BMW to get Tesla but how man...
by misterno
Wed Oct 03, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Flattening yield curve
Replies: 55
Views: 5343

Re: FLATTENING YIELD CURVE

how can there be a recession when we have robust growth and record low unemployment?

I guess yield curve does not always indicate something
by misterno
Fri Sep 28, 2018 3:21 pm
Forum: Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 1219

Re: Schwab Short Term Bond Index vs. T. Bills

Yes you are loosing principal (NAV) value, but make it back up in yield because it (yield) goes up when NAV price drops lower. But you have to hold it to make the yield back, otherwise its a loss in principal if sold. Easy way to think about it is: if price per share goes down or up, the opposite h...
by misterno
Fri Sep 28, 2018 2:58 pm
Forum: Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 1219

Re: Schwab Short Term Bond Index vs. T. Bills

How is the yield 2.8% when the value keeps dropping? Can someone explain? That's more or less how bonds work: when the price of a bond declines, the yield of that bond increases. what if it keeps dropping after you buy? Aren't you losing in this case? In other words, the SEC yield is not guaranteed...
by misterno
Fri Sep 28, 2018 2:21 pm
Forum: Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 1219

Re: Schwab Short Term Bond Index vs. T. Bills

The bond fund is convenient, it avoids the hassle of constantly rolling over your bonds. It also buys in bulk and likely gets better pricing buying 10,000 bounds at a time than you do buying 10 at a time. IMO the risks are minimal. It's a mutual fund; you own a share of the underlying assets. We're...
by misterno
Wed Sep 19, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 75
Views: 7044

Re: WSJ print edition renwal time - any discounts?

I am trying to read this article https://www.wsj.com/articles/debate-heats-up-over-when-era-of-oil-will-end-1536620460 And it is not available it needs subscription So I go to this website online.wsj.com/public/resources/documents/print/WSJ_-A001-20180910.pdf But I can not find it Maybe online mater...
by misterno
Thu Sep 13, 2018 3:09 pm
Forum: Personal Investments
Topic: Determining when to take Social Security if you don’t need the money
Replies: 21
Views: 1918

Re: Determining when to take Social Security if you don’t need the money

Is it really that complex? I was born in '51, my wife in '52. My SS benefit is much higher than hers. She began collecting at 66 and I'm getting half of that. At 70, I'll collect mine and she'll get half of that. Assuming that you live long enough isn't this generally the best strategy to maximum p...
by misterno
Thu Sep 13, 2018 3:08 pm
Forum: Personal Investments
Topic: Determining when to take Social Security if you don’t need the money
Replies: 21
Views: 1918

Re: Determining when to take Social Security if you don’t need the money

The retirement check difference between 62 and 70 years old is too big too ignore. My approach is too simplistic. If I feel okay and healthy at age 62 I will wait as long as possible. If health issues start around 62 years old, that's a sign so I will start taking the salary at 62 I wish we were all...
by misterno
Thu Sep 13, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 75
Views: 7044

Re: WSJ print edition renwal time - any discounts?

WSJ has been free for many years

just change the date at the end

online.wsj.com/public/resources/documents/print/WSJ_-A001-20171104.pdf