Search found 945 matches

by AAA
Mon Jun 18, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 123
Views: 5455

Re: Which Supermarket are you?

Luis94r wrote:
Sun Jun 17, 2018 9:55 am
Do you believe in the Organic hype and only shop at Whole Foods or do you go to Trader Joes for the cheaper alternative?
I don't believe in the "pesticides are good for you" hype.
by AAA
Mon Jun 18, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 123
Views: 5455

Re: Which Supermarket are you?

What supermarkets do you Boggleheads go to and do most of your grocery shopping. Do you believe in the Organic hype and only shop at Whole Foods or do you go to Trader Joes for the cheaper alternative? Traders has a lot of organic items also, so it's not necessarily one or the other in that regard....
by AAA
Fri Jun 15, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2319

Re: Question for those who used 529 plans

Leesbro63 wrote:
Fri Jun 15, 2018 12:30 pm
This HAS to be the Pa 529 Guaranteed Savings Plan.
Correct. Are there no other state plans like this now, or is PA the only one to have imposed a premium?
by AAA
Fri Jun 15, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2319

Re: Question for those who used 529 plans

We used our state's guaranteed savings plan in which you buy a number of credits at today's price and they promise to have those number of credits available to you later on. I think we actually did well, although I'm not sure of any specific numbers, because we put in our investment in a lump sum ea...
by AAA
Mon May 14, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Stopping unwanted "junk" newspaper
Replies: 60
Views: 15634

Re: Stopping unwanted "junk" newspaper

Our experience is that they stopped delivery when we asked.
by AAA
Tue May 08, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Please confirm Social Security strategy
Replies: 14
Views: 2145

Re: Please confirm Social Security strategy

Thanks all. Just wanted to make sure.
by AAA
Tue May 08, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare enrollment-Part B only
Replies: 10
Views: 688

Re: Medicare enrollment-Part B only

I also got many phone calls. And even about 6 people who came to the door of the house (I was never around for those but I assume they were paid by commission by someone). We're getting phone calls and at least one person came to the door that we know about. It's disturbing how many entities know t...
by AAA
Tue May 08, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Please confirm Social Security strategy
Replies: 14
Views: 2145

Re: Please confirm Social Security strategy

Austintatious wrote:
Tue May 08, 2018 3:25 pm
DW's birthdate?
1953
by AAA
Tue May 08, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Please confirm Social Security strategy
Replies: 14
Views: 2145

Please confirm Social Security strategy

I started collecting at full retirement age. Spouse is one year away from full retirement age and has not started collecting yet. Her monthly amount at full retirement age is just about exactly half mine. I'd appreciate confirmation of what we plan to do. My understanding is that spouse is grandfath...
by AAA
Tue May 08, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare enrollment-Part B only
Replies: 10
Views: 688

Re: Medicare enrollment-Part B only

The mystery of that postcard was not solved. I am positive it was from the CMS and not some sort of phishing spam. I don't know what form you received, but my spouse is nearing Medicare age and almost daily we get mailings from insurance companies, not Medicare. And we're more the "face to face" ty...
by AAA
Sun May 06, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax not allowed to consider Qualified Dividends?
Replies: 15
Views: 1116

Re: Estimated Tax not allowed to consider Qualified Dividends?

dbr wrote:
Sun May 06, 2018 12:30 pm
Yes, but you could cover it by having withholding taken out. In fact withholding applies for the whole year whenever taken out, so some people just take RMD at year end and even up the tax bill by setting withholding then.
Bogleheads.org strikes again. Thanks for that info. I didn't know that.
by AAA
Sun May 06, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4578

Re: AMC Movie Theaters -- typical OR not?

I haven't gone to a movie theater in years. I got fed up with people thinking they should be able to talk whenever they want.
by AAA
Sun May 06, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax not allowed to consider Qualified Dividends?
Replies: 15
Views: 1116

Re: Estimated Tax not allowed to consider Qualified Dividends?

lstone19 wrote:
Sun May 06, 2018 8:07 am
Note that for estimated payments, date of payment is considered - you can’t just pay it all late in the year.
If you receive a required minimum distribution from an IRA or 401K in December, are you required to have paid estimated tax earlier in the year to cover it?
by AAA
Sat May 05, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about funds held in brokerage accounts
Replies: 11
Views: 899

Re: Questions about funds held in brokerage accounts

I have had front row seats to the collapse of 2 different brokers, one small, one large. Clients were not affected. I can think of only 1 case in the past 40 years where the collapse of a broker has directly lost the clients money. I have worked in operations, this is heavily controlled. Not on my ...
by AAA
Sat May 05, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Questions about funds held in brokerage accounts
Replies: 11
Views: 899

Re: Questions about funds held in brokerage accounts

In both cases the broker needs to keep a set of records off site on who owns what. I can't think of a case in the past 40 years where a brokerage firm has collapsed, the records where lost, and clients got defrauded. There is a robust auditing of operational practices. So what I'm gathering is that...
by AAA
Fri May 04, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about funds held in brokerage accounts
Replies: 11
Views: 899

Re: Questions about funds held in brokerage accounts

Nate79 wrote:
Fri May 04, 2018 2:55 pm
This page from the SEC might help a little.

https://www.sec.gov/reportspubs/investo ... echtm.html
From that link I assume Fidelity, Vanguard etc. use "Street Name" registration.
by AAA
Fri May 04, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about funds held in brokerage accounts
Replies: 11
Views: 899

Re: Questions about funds held in brokerage accounts

So if you purchase shares in a mutual fund, does the fund have a separate record that you are an owner, or does the brokerage own a block of shares and it keeps the record of how many shares each person owns? Yes, both ways. It depends on the networking agreement between the mutual fund and the bro...
by AAA
Fri May 04, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about funds held in brokerage accounts
Replies: 11
Views: 899

Questions about funds held in brokerage accounts

There are periodic threads here questioning the wisdom of keeping all of one’s nest egg with one brokerage such as Vanguard or Fidelity, with concerns about employee sabotage, computer meltdown, hacking, etc. The arguments for and against have been presented many times, including discussion of SIPC ...
by AAA
Wed May 02, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: How much is too much in a Fidelity or VG account?
Replies: 24
Views: 4738

Re: How much is too much in a Fidelity or VG account?

I truly would not worry about this. You are not investing “in” Fidelity, but “through” Fidelity (with Fidelity simply being the vehicle (broker) through which you are acquiring the individual index funds and treasuries). This is not like having money in the bank in excess of FDIC insurance limits a...
by AAA
Mon Apr 30, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 57
Views: 7763

Re: Schwab Vs Fidelity Vs Vanguard

I've been comparing these three brokerages recently as I'm considering not putting all my eggs in one Vanguard basket. (Brokerage diversity is the subject of many Bogleheads threads so please let's not get into that here). What I notice is that, yes, they all have low cost stock index funds with ver...
by AAA
Thu Apr 26, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 62
Views: 7320

Re: Brokered CDs - often better return secondary market

For a market discount, you can either accrue it annually or report it in the year of maturity, but either way it counts as ordinary income. Thanks for your response and I think I'm getting the main points. Let's focus on a CD bought at discount in a taxable account and held until maturity. If one c...
by AAA
Wed Apr 25, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 62
Views: 7320

Re: Brokered CDs - often better return secondary market

In a taxable account you accrue the discount or premium in calculating tax on your coupon interest, but this isn't really a factor in your before-tax return, which again is driven mainly by the initial yield. I think I understand the first part of your post - the YTM takes account of the loss or ga...
by AAA
Tue Apr 24, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 62
Views: 7320

Re: Brokered CDs - often better return secondary market

If you buy a secondary market CD below/above par, is there a capital gain/loss when it matures? If so, then I assume this should be an additional consideration above and beyond yield-to-maturity.
by AAA
Mon Apr 23, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Identity Theft and Minors
Replies: 5
Views: 446

Re: Identity Theft and Minors

A few years ago we set out to freeze the credit bureau files of one of our kids. Two out of three bureaus did so, but the other bureau said there was no file yet to freeze so nothing could be done.
by AAA
Sat Apr 21, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: How much is too much in a Fidelity or VG account?
Replies: 24
Views: 4738

Re: How much is too much in a Fidelity or VG account?

Lets say the probability of a catastrophic brokerage failure wherein one loses everything is p, which is very small. If you divide your assets between two brokerages, the probability of both failing is p 2 , where p 2 < p. But on the other hand the probability of one or the other brokerage failing i...
by AAA
Fri Apr 20, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: How much is too much in a Fidelity or VG account?
Replies: 24
Views: 4738

Re: How much is too much in a Fidelity or VG account?

Ok, I'll bite. Companies like Fidelity have very robust disaster recovery plans in place. Id' expect this to include among other things multiple backup's as well as offsite location(s) that can be brought up relatively quickly to operate in place of their traditional IT center(s). Failing all that,...
by AAA
Fri Apr 20, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: How much is too much in a Fidelity or VG account?
Replies: 24
Views: 4738

Re: How much is too much in a Fidelity or VG account?

I truly would not worry about this. You are not investing “in” Fidelity, but “through” Fidelity (with Fidelity simply being the vehicle (broker) through which you are acquiring the individual index funds and treasuries). This is not like having money in the bank in excess of FDIC insurance limits a...
by AAA
Fri Apr 13, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: PayPal fund request from unknown person?
Replies: 19
Views: 1648

Re: PayPal fund request from unknown person?

Why not call PayPal and see what they say? Also, due to worries about PayPal making unauthorized transfers out of my checking account, I opened a second checking account at my Credit Union and that is the one that is linked to PayPal. Normally, there is very little if anything in that account. If I ...
by AAA
Fri Apr 13, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 goes into the ether. what now?
Replies: 21
Views: 1804

Re: 1040 goes into the ether. what now?

I once mailed a return to the IRS that tracking indicated was headed to a different zip code. While I don't remember all the details, there were several days of worry involved but it all worked out in the end. You didn't say when you mailed the return, but if it was fairly recently it may have just ...
by AAA
Thu Apr 05, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund vs. CD
Replies: 26
Views: 3063

Re: Bond fund vs. CD

Curious, so did you decide one way or the other yet? Not yet. Decision time is coming up soon. Some of the detailed discussion here (which is greatly appreciated) is a bit over my head, but my quandary is a reluctance to lock up funds in a CD when interest rates appear to be rising rapidly. I know,...
by AAA
Tue Apr 03, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund vs. CD
Replies: 26
Views: 3063

Re: Bond fund vs. CD

The 2.5% I quoted was just for purposes of illustration.
by AAA
Tue Apr 03, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund vs. CD
Replies: 26
Views: 3063

Bond fund vs. CD

Things like this have been discussed in general, but I'd like to ask about a specific situation, namely the pros/cons of a 3-year brokerage CD yielding 2.5% and a short-term bond fund, with duration of 3 years, also yielding 2.5%, neglecting here that the former is FDIC insured. So with the former, ...
by AAA
Wed Mar 28, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 9420

Re: Not going to be buying chicken for a while...

kjvmartin wrote:
Tue Mar 27, 2018 5:12 pm
Chicken was what I forced on myself to be healthy. I suppose it's really time for more steak and hamburgers!
Or maybe going vegan. :D
by AAA
Tue Mar 13, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: TT Roth Contribution [TurboTax]
Replies: 10
Views: 594

Re: TT ROTH Contribution

deikel wrote:
Tue Mar 13, 2018 6:31 pm
BTW, even 'retired' you can still contribute to a Roth IRA. Te Roth IRA is bound to taxes and since you will file taxes for the rest of your lilfe you can also contribute...just in case ...
Can you elaborate? One must have earned income in order to contribute to a Roth IRA.
by AAA
Mon Mar 12, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder Discipline
Replies: 17
Views: 2658

Re: CD Ladder Discipline

SrGrumpy wrote:
Sun Mar 11, 2018 8:27 pm
CD ladders - wish I'd never heard of them. I've got money locked up for another couple of years at ridiculous rates.
Likewise, but maybe take some consolation in the fact that you were getting the benefit of what were, until now, higher rates.
by AAA
Mon Mar 12, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder Discipline
Replies: 17
Views: 2658

Re: CD Ladder Discipline

z3r0c00l wrote:
Sun Mar 11, 2018 8:51 pm
...they will dynamically adjust to inflation...
Can you explain?
by AAA
Sun Mar 11, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder Discipline
Replies: 17
Views: 2658

CD Ladder Discipline

For the past several years, I've been maintaining a five year CD ladder. Some are about to mature this month. Normally, I'd automatically reinvest them in five year CD's but given how rates have risen recently and the similarity of rates for 3 year and 5 year CD's, I'm having a hard time convincing ...
by AAA
Sun Mar 04, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Blinds- where did you get yours?
Replies: 15
Views: 1260

Re: Blinds- where did you get yours?

We've used SelectBlinds a couple of times. Prices and quality are good but I wish they would dispense with their perennial "sales." There was a bit of a mixup with our last order. They remade the blinds thinking it was an issue with the mechanisms but I realized upon receiving them that the issue wa...
by AAA
Sun Mar 04, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Shower faucet question
Replies: 4
Views: 881

Re: Shower faucet question

What do you see happens to air going into the bottle? Is this the same situation? The bottle is closed at the other end whereas a shower head is open to air due to the holes. But...the holes in this head are very small, as I mentioned, and so may retain water in them and thus block the opening to t...
by AAA
Sat Mar 03, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Shower faucet question
Replies: 4
Views: 881

Shower faucet question

This definitely falls under the category of “first world problems.” We had a detachable shower head that I just replaced. After showering, there is usually a kind of bubbling or gurgling noise from the shower spigot when the diverter control moves down to the not-diverting position. With the previou...
by AAA
Thu Mar 01, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Accountants: NJ / NY double taxed income
Replies: 10
Views: 1069

Re: Tax Accountants: NJ / NY double taxed income

When doing such things in the past I have also been confused. I did the NY IT-203 for a family member this year and have also used line 31 in the NY column of the IT-203. In her case, all it amounted to was the NY W-2 wage amount so it made sense. By the way, I have found in the past that the usual ...
by AAA
Wed Feb 28, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax - form not available?
Replies: 17
Views: 1232

Re: 2018 Estimated Tax - form not available?

scrabbler1 wrote:
Wed Feb 28, 2018 11:54 am
The link is for 1041-ES, not 1040-ES. 1040-ES still has the 2017 version. Ugh, our edits crossed! Sorry.
I made the same mistake.
by AAA
Wed Feb 28, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax - form not available?
Replies: 17
Views: 1232

Re: 2018 Estimated Tax - form not available?

The 2018 Form 1040-ES was available yesterday in the AARP Foundation Tax-Aide program. I printed a set out for one of my clients. I searched there and their link to the 1040-ES in the Most Popular Federal Income Tax Forms section just took me to the IRS website and the 2017 form. Can you provide a ...
by AAA
Tue Feb 27, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax - form not available?
Replies: 17
Views: 1232

Re: 2018 Estimated Tax - form not available?

kaneohe wrote:
Tue Feb 27, 2018 8:20 pm
if you absolutely can't wait for the new form and want to get rid of your bucks now :happy I would think that would be fine.
I actually want to do that, and get the darn things over with. :happy
by AAA
Tue Feb 27, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax - form not available?
Replies: 17
Views: 1232

2018 Estimated Tax - form not available?

Unless I'm mistaken, this is not yet available as the IRS has not updated the worksheets to reflect the new tax law. I usually make a single payment around this time of year, without doing any calculations, after doing the previous year's taxes and knowing things are not expected to change much. I u...
by AAA
Sun Feb 25, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Moving Fla to PA Before Filing Income Tax
Replies: 9
Views: 536

Re: Moving Fla to PA Before Filing Income Tax

I don't understand your questions. If your friends just moved to PA in Feb. 2018, then they shouldn't have to file a 2017 PA income tax. So why would PA flag this? Are you saying that if the FL return has a PA address then somehow PA will find out about it? I agree with others to use the current add...
by AAA
Wed Feb 21, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Benefits for Higher Education
Replies: 5
Views: 346

Re: Tax Benefits for Higher Education

If you take $10,000 out of a 529 plan and not use it for education, maybe only $2,000 of that is non-qualified because return of capital is not taxed and not penalized, I knew there was some wrinkle that I wasn't accounting for. I'll have to check, but in our case as we put the funds into the 529 m...
by AAA
Wed Feb 21, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Benefits for Higher Education
Replies: 5
Views: 346

Tax Benefits for Higher Education

I'm having some confusion about how these would apply to the 2017 tax return, assuming income level requirements are met. Our kids have already used up the American Opportunity Tax Credit and are now in graduate school. I am reading now about the Lifetime Learning Tax Credit (apparently the Tuition ...
by AAA
Sun Feb 18, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Include 1099R for direct rollover in 2017 1040?
Replies: 8
Views: 493

Re: Include 1099R for direct rollover in 2017 1040?

I've included the amount of the rollover with a previous filing - there are no adverse consequences as long as the 1099-R is coded as a direct rollover. As others have pointed out, it's something you have to do.
by AAA
Sat Feb 17, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor wants Social Security number
Replies: 83
Views: 13082

Re: Doctor wants Social Security number

invst65 wrote:
Mon May 15, 2017 11:00 am
Your doctor is probably the last person you'd worry about stealing your identity but that's exactly what happened to a cousin of mine.
A more likely risk is that the doctor's computer system might be hacked if it is not very secure.