Search found 471 matches

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: 2307

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: 5027

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: Investing - Help with Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 852

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: Investing - Help with Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 852

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: Investing - Help with Personal Investments
Topic: Schwab Short Term Bond Index vs. T. Bills
Replies: 13
Views: 852

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: 68
Views: 4979

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: Investing - Help with Personal Investments
Topic: Determining when to take Social Security if you don’t need the money
Replies: 21
Views: 1856

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: Investing - Help with Personal Investments
Topic: Determining when to take Social Security if you don’t need the money
Replies: 21
Views: 1856

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: 68
Views: 4979

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
by misterno
Wed Sep 12, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2661

Anyone into Essential Oils?

So my wife is bugging me about essential oils because she is congested all the time with allergies and because of some stupid facebook page or group she got fascinated with this essential oils idea. basically these oils are pure and organic and you place one drop into a diffuser in your car or house...
by misterno
Mon Aug 27, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Eurobonds
Replies: 8
Views: 930

Re: Investing in Eurobonds

I decided to go head and purchase some Turkish bank eurobonds which will expire in 40 days and with an annualized yield of %15 Here is the CUSIP XS0808632250 I called Fidelity and they said the name of this product says REG S which means US citizens are prohibited from buying it So then I checked al...
by misterno
Fri Jul 27, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Traveling to Cuba - currency exchange
Replies: 27
Views: 1729

Re: Traveling to Cuba - currency exchange

stupid of me I always thought traveling to CUBA was restricted to US Citizens

Can someone tell me how I can get to Cuba from Houston? Is there a cruise or flight?
by misterno
Wed Jul 25, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: How to negotiate bills from hospital?
Replies: 22
Views: 1982

Re: How to negotiate bills from hospital?

I am an idiot I paid the first bill from the hospital $900 Then after reading this thread, I called for the 2nd bill from the physician for $380 Customer care rep did not even think for 1 second to offer me a discount of 50%. Oh man, I could have called the hospital and got the same from the hospita...
by misterno
Wed Jul 25, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: How to negotiate bills from hospital?
Replies: 22
Views: 1982

Re: How to negotiate bills from hospital?

The assistant give me a shot on my hip and pain went away. 2 minutes later nurse practitioner came to check on me and I asked for Vicodin which is what I always got to relieve the pain So you asked for narcotic pain medicine when you weren't in pain? Careful doing this as it can be interpreted as "...
by misterno
Wed Jul 25, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: How to negotiate bills from hospital?
Replies: 22
Views: 1982

Re: How to negotiate bills from hospital?

What is you offer to pay cash to the hospital? How much... are you planning to offer them *more* than what they are receiving from the insurance!? Or offering to pay the full non-negotiated rate that is billed to those who are self-pay/without insurance? :confused RM I understand what you are sayin...
by misterno
Wed Jul 25, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: How to negotiate bills from hospital?
Replies: 22
Views: 1982

How to negotiate bills from hospital?

Long story short, I had pain in my kidney and I knew it was kidney stone but I wanted to let it go by itself. This happened several times but they were all like sand and alittle bit of pain and then you drink lots of water and it flushes away This time, the pain increased and increased so much that ...
by misterno
Mon Jul 09, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8890

Re: Amazon won't sell this book to me.

My DW asked me to order a book for her. I googled the book title: “Native Plants for New England Gardens”. The first hit was Amazon. I was very surprised to find that the book is only for sale to prime members (price= $16.68). Not a problem, the book is readily available elsewhere, and I just order...
by misterno
Wed Jun 20, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Air conditioner compressor replacement cost
Replies: 31
Views: 3784

Re: Air conditioner compressor replacement cost

www.newacunit.com

all internet comments on google yelp and all are positive
by misterno
Fri May 25, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Has anyone used www.newacunit.com before
Replies: 5
Views: 583

Re: Has anyone used www.newacunit.com before

I searched for some reviews on internet

facebook yelp google are full of positive reviews

I am still researching

will update
by misterno
Fri May 25, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Has anyone used www.newacunit.com before
Replies: 5
Views: 583

Has anyone used www.newacunit.com before

I am in the market for a new ac unit and I came across to this website I needed to replace my old unit and so I knew the specs. I entered 2.5 tons in the attic and the results are unbelievable cheap The cheapest local AC guys gave me $3,150 for parts and $900 for labor totaling around $4,000 But thi...
by misterno
Sun May 20, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Air conditioner recommendations?
Replies: 17
Views: 1412

Re: Air conditioner recommendations?

But do you think we should look at other brands? Any of the major brands will be fine. You should really get quotes from several companies since prices can vary greatly. You did not say how old the rest of your system is but it sounds like this guy has just been patching it together and that may be...
by misterno
Sun May 20, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Air conditioner recommendations?
Replies: 17
Views: 1412

Air conditioner recommendations?

I live in a 2 story house. Upstairs unit need Freon almost every year was costing me like $140/year to fill the freon. $75/lb so for 1.5 lbs plus $40 call charge, AC technician was charging me $140 Then last year the AC stopped working, called the same AC technician. He said the board on the coil is...
by misterno
Thu May 17, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1782

Re: DIY AC freon for car or professional fill up

Update

AC is blowing ice cold so it is working fine.

Why is my car acting like it has more horse power now? I noticed it is much more powerful.

Does that make sense?
by misterno
Thu May 17, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

Re: I will be laid off but can not get unemployment benefits?

Check your state. I collected unemployment for about nine months and had a part-time job (w-2) nearly the entire time. There are pretty massive variations from the most generous states and the least. woww how is this possible? I guess it depends on the state. I think in Texas, they will deduct part...
by misterno
Wed May 16, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

Re: I will be laid off but can not get unemployment benefits?

Update

Someone at work whose wife is a CPA recommended this

Convert sole prop to S corp where I will not use my SSN but only EIN

And put my wife in charge of this S Corp.

I guess I will be the owner of the S corp but my wife operates it?

Can I collect unemployment benefits with this plan?
by misterno
Wed May 16, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

Re: I will be laid off but can not get unemployment benefits?

So I decided to transfer my seller account to wife which I was planning to anyway for tax deferred savings purposes. She is a sit home mom and do most of the job anyway. But Amazon says NO. It says "you can not transfer your seller account or sell your account". But then I have read on the media th...
by misterno
Wed May 16, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1782

Re: DIY AC freon for car or professional fill up

Update I went to a local small shop that I always go for inspection sticker. They inspected and found no leak So I asked "if there is no leak so howcome freon is low?" He said " it is the coil inside the car that always leak alittle bit no leak in the front. That can not be fixed. He had this device...
by misterno
Wed May 16, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

Re: I will be laid off but can not get unemployment benefits?

The severance package is big enough to make me happy and the package has lump sum payment so that we can get unemployment benefits after we are laid off I'm sure this might depend on the state but in the past when I have received a lump sum severance payment, I was unable to collect unemployment im...
by misterno
Wed May 16, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

Re: I will be laid off but can not get unemployment benefits?

batpot wrote:
Wed May 16, 2018 4:49 pm
Do you have a business license for the stuff you sell on Amazon?
I am selling books no license needed
by misterno
Wed May 16, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 4328

I will be laid off but can not get unemployment benefits?

I have 9-5 job where I am told will be laid off around september. The severance package is big enough to make me happy and the package has lump sum payment so that we can get unemployment benefits after we are laid off I also have an account on Amazon where I sell stuff. I was wondering if the incom...
by misterno
Tue May 15, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1782

DIY AC freon for car or professional fill up

My car is 2009 Toyota Yaris and lately AC has been blowing warm air or not enough cold air. The volume is good but it is not cold enough I took my car 2 different shops, one said the valve behind the dashboard is stuck and my freon is full to the top so no charge needed. This did not make sense beca...
by misterno
Sat May 12, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k plans
Replies: 42
Views: 3625

Re: Small company 401k plans

Not intending to hijack the thread but can someone recommend me the cheapest TPA and overall service for a sole prop with 2 partners set up as Qualified Joint Venture? There will only be 2 people who are partners and no employees. I got plenty of time so I would like to do the administrative work my...
by misterno
Tue May 08, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Earned income or money from savings to Mega Back door ROTH?
Replies: 5
Views: 535

Re: Earned income or money from savings to Mega Back door ROTH?

I have side business where the net income will be 60K this year. This is a sole prop and I am planning to file taxes as Qualified Joint venture (QJV) where me and my wife will be partners. The goal here is to maximize tax deferral savings so I will allocate say 80% to wife and 20% to me. You have c...
by misterno
Tue May 08, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

1) Say the employer contribution is 4,000. So to get the most out of the solo401k plan, can she contribute 55,000-18,500-4,000=$32,500 as after tax contribution or Roth? 2) Does this money have to be from earned income? I have explained this to you before. I guess I am wasting my time, because you ...
by misterno
Tue May 08, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Earned income or money from savings to Mega Back door ROTH?
Replies: 5
Views: 535

Earned income or money from savings to Mega Back door ROTH?

Me: I have 9-5 job where I contribute 18,500 to 401k and company contribution is like 2-3K. I also contribute alittle to Traditional IRA due to income limits. I have no Roth IRA Wife: Sit home mom. She is not working and she contributes 5,500 to Traditional IRA. No Roth IRA I have side business wher...
by misterno
Tue May 08, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

I think you mean limit on transfer from non-deductible traditional IRA to Roth IRA. There is no limit on the amounts you can convert. So if I have $100,000 (principal + gains thru many years) accumulated in my non deductible IRA, I can convert this into Traditional IRA in any second? Then convert t...
by misterno
Tue May 08, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

I am not asking the IRA contribution per year I am asking the limit on transfer from non deductible IRA funds to Traditional IRA I think you mean limit on transfer from non-deductible traditional IRA to Roth IRA. There is no limit on the amounts you can convert. So if I have $100,000 (principal + g...
by misterno
Tue May 08, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

I am not asking the IRA contribution per year I am asking the limit on transfer from non deductible IRA funds to Traditional IRA I think you mean limit on transfer from non-deductible traditional IRA to Roth IRA. There is no limit on the amounts you can convert. So if I have $100,000 (principal + g...
by misterno
Tue May 08, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

Sounds like the terminology is hanging you up. The backdoor is a nondeductible contribution to a traditional IRA account, which you then convert to Roth. +1 There's actually 2 things you can do. One is simply converting traditional IRA amounts into a Roth account. If the amount being converted was ...
by misterno
Tue May 08, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Re: Back door ROTH IRA requires deductible or non deductible IRA?

Sounds like the terminology is hanging you up. The backdoor is a nondeductible contribution to a traditional IRA account, which you then convert to Roth. +1 There's actually 2 things you can do. One is simply converting traditional IRA amounts into a Roth account. If the amount being converted was ...
by misterno
Tue May 08, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Back door ROTH IRA requires deductible or non deductible IRA?
Replies: 19
Views: 759

Back door ROTH IRA requires deductible or non deductible IRA?

My understanding was a backdoor ROTH IRA is where you convert Traditional IRA to Roth IRA But I am reading other articles that says Backdoor Roth IRA is non deductible IRA converted to Roth IRA. Which one is correct? My understanding of non deductible IRA is people with high income who are above the...
by misterno
Mon May 07, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1692

Re: Which brokerage has the lowest ER on SP500 index fund?

I opened all my IRA funds in Vanguard and I am very happy about it The other day I was looking for a brokerage to open solo401k and I realized Schwab has SP 500 index fund with 0.03% ER. Vanguard's SP500 index fund is 0.04% Don't get me wrong, I am very happy with Vanguard overall, but if there is ...
by misterno
Mon May 07, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1692

Re: Which brokerage has the lowest ER on SP500 index fund?

Once the expense ratio is in a sub-0.05% range, then other factors are more important, aren't they? Would you rather have a 0.03% e.r. and 9.97% average annual performance over the next 10 years or 0.05% e.r. and a 10.0% average annual performance over the next 10 years? They are all SP 500 index f...
by misterno
Mon May 07, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1692

Which brokerage has the lowest ER on SP500 index fund?

I opened all my IRA funds in Vanguard and I am very happy about it The other day I was looking for a brokerage to open solo401k and I realized Schwab has SP 500 index fund with 0.03% ER. Vanguard's SP500 index fund is 0.04% Don't get me wrong, I am very happy with Vanguard overall, but if there is s...
by misterno
Mon May 07, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Question about after tax contributions on solo401k
Replies: 5
Views: 679

Re: Question about after tax contributions on solo401k

If one of these 2 partners have 401k from another job, then how should this business maximize tax deferral savings? I assume it is by assigning more % of business to the partner with no 401k but what% is where I am not sure. Probably the optimal strategy is to allocate the net self-employment earni...
by misterno
Sun May 06, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question about after tax contributions on solo401k
Replies: 5
Views: 679

Re: Question about after tax contributions on solo401k

The 415c annual addition limit is the lessor of: 2018 = $55K. 100% of compensation. If you have a QJV with $40K in total net self-employment earnings (business profit - 1/2 SE tax), $20K could be allocated to each spouse. Each spouse could then make an $18.5K employee elective contribution, provide...
by misterno
Sat May 05, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question about after tax contributions on solo401k
Replies: 5
Views: 679

Question about after tax contributions on solo401k

I googled but I am still not clear on the answer If a qualified joint venture (QJV) total net income is say 40K and a 401k plan is established, both partners can contribute up to 18,500 before tax money to solo 401k. I know that 54K is the total that one can contribute to retirement plans in a given...
by misterno
Fri May 04, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Costco Vs Amazon Prime
Replies: 62
Views: 4760

Re: Costco Vs Amazon Prime

JoeRetire wrote:
Fri May 04, 2018 1:34 pm
Pajamas wrote:
Thu May 03, 2018 1:38 pm
Just out of curiosity, how many grams of sugar does this chicken have in it per X g serving?
1 gram of sugar per serving.
that serving is 3oz

Multiply that with say 3-4-5 for each time you eat that chicken