Search found 533 matches

by Church Lady
Wed Oct 30, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: Earnings, Net Income, EPS, Preferred Dividends...
Replies: 18
Views: 1003

Re: Earnings, Net Income, EPS, Preferred Dividends...

Actually, one more question. Can anybody provide a typical approximate order of magnitude for preferred shares? What percentage of outstanding shares (common+preferred) are we speaking of? 10%? 5%? Less? It will be different for each company, and companies can issue new preferred shares or redeem p...
by Church Lady
Mon Oct 07, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Would or should you tip AAA road assistance?
Replies: 67
Views: 4889

Re: Would or should you tip AAA road assistance?

I am not a "big tipper", but regard tipping as a "necessary evil" in the US. I tip normal amounts at restaurants, taxicabs, and Hair Cuttery, hotel assistance with luggage, etc. I rarely ask for or need/want special or extra services. For AAA Roadside assistance and/or being towed to a repair facil...
by Church Lady
Sun Sep 29, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Going to a wedding party
Replies: 48
Views: 4352

Re: Going to a wedding party

OP, As others have mentioned, wedding customs vary widely according to where you live, and the religion (or lack thereof) and ethnicity of the happy couple. You've crossed the biggest hurdle by selecting a gift from the registry. Automatically, the gift is appropriate in terms of usefulness to the c...
by Church Lady
Fri Sep 27, 2019 4:12 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 9369

Re: Beyond Meat Burger? Do you like?

Am I vegetarian? No. I am a big fan of veggie burgers, though. Generally, I microwave them. I cannot be considered fussy in my veggie burger preferences. And I HATE Beyond Meat! I tried two patties out of curiosity. It is greasy and messy to cook, and stinks up the joint. When following package dire...
by Church Lady
Mon Jul 29, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Need cash, pause 401k contributions or contribute->401k loan
Replies: 18
Views: 1032

Re: Need cash, pause 401k contributions or contribute->401k loan

FYI.
If you get laid off or voluntarily leave your company, your 401K loan is probably due immediately.

If you get the 401K loan prior/concurrent with the mortgage, you'll probably have to disclose the loan to your mortgage company.
by Church Lady
Mon Jul 29, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Maryland, is a Roth conversion tax exempted
Replies: 35
Views: 1591

Re: Maryland, is a Roth conversion tax exempted

I'm curious -- we've established that if a 401(k) is rolled over to an IRA, you lose the exclusion, but what if you roll an IRA into a 401(k) and annuitize the funds? Does that gain you an exclusion where you didn't have one before? My understanding is that the first step would have to involve fund...
by Church Lady
Tue Jul 23, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: QE and Don't Fight the Fed
Replies: 11
Views: 1572

Re: QE and Don't Fight the Fed

https://portfoliocharts.com/portfolio/my-portfolio/ Here is a calculator you can use to see the effect of incorporating cash, or commodities, or REITS, or gold, or all of the above, into a conventional portfolio. The entire site is well worth a long browse. Check out Harry Browne's Permanent Portfo...
by Church Lady
Fri Jul 19, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: "short interest" -- we no longer provide this information on Fidelity.com
Replies: 2
Views: 644

"short interest" -- we no longer provide this information on Fidelity.com

I wanted to know how many shares of a certain stock are short. I recall seeing this on my quote page in the past, but couldn't find it today. A call to customer service confirmed -- Fidelity no longer provides 'short interest', or 'days to cover'. (My web search turned up a Fidelity tutorial about h...
by Church Lady
Tue Jul 09, 2019 4:34 pm
Forum: Personal Investments
Topic: Should we invest in an island home?
Replies: 25
Views: 4368

Re: Should we invest in an island home?

OP, 1) You need to watch a lot of 'why I am leaving Hawaii' videos on youtube or elsewhere. Maybe the things that bother these people don't bother you, but you should at least know about the things that bother main landers. 2) It is too soon to tie your future vacations and your future retirement to...
by Church Lady
Tue Jul 09, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Do renters need more real estate exposure?
Replies: 23
Views: 2055

Re: Do renters need more real estate exposure?

In my completely unqualified opinion, I think you need at least an inflation hedge.

The easiest thing is to buy REITS and TIPS (treasury securities).
by Church Lady
Sat Jun 22, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Anyone moved cross country. How did you manage to do it without going nuts??
Replies: 47
Views: 4587

Re: Anyone moved cross country. How did you manage to do it without going nuts??

My company moved me once from California to North Carolina. They claimed it was cheaper to ship the car, fly to NC, and rent a car when I arrived there. They were paying for it, so whatever. But my car was damaged by the movers -- broken windshield and damaged bumper. I had to wait weeks to get my c...
by Church Lady
Fri Jun 14, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 4772

Re: 50 or 75 gallon water heater?

OP, Do they have the same warranty? My 50 gal is definitely overkill for my household, but the cost per year of warranty beat the smaller water heater. In my case, the installation cost dwarfs the energy costs. Here are some other things to think of. Will your kids or other householders leave the ne...
by Church Lady
Wed Jun 05, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 6510

Re: Would you buy a house without a garage?

I actually considered a house that had a detached garage. The very narrow driveway ran directly past the furnace room. A former owner added a door to the furnace room that opened ... onto the driveway. That would be OK, but the step they added to reach the threshold blocks the driveway, making it to...
by Church Lady
Mon Jun 03, 2019 8:34 pm
Forum: Personal Investments
Topic: Boglehead Insight Needed on Retirement Readiness
Replies: 14
Views: 2542

Re: Boglehead Insight Needed on Retirement Readiness

If I were to delay the pension, I’m unsure of how to calculate the lost opportunity cost of withdrawing current retirement funds early to replace pension income. If you claim at 63, you forego 1322*12 = 15826 of income. If you claim at 64, you forego 1411*12 + 15826 = 32758 of income. If you claim ...
by Church Lady
Mon Jun 03, 2019 8:15 pm
Forum: Personal Investments
Topic: Boglehead Insight Needed on Retirement Readiness
Replies: 14
Views: 2542

Re: Boglehead Insight Needed on Retirement Readiness

2. For her Ohio pension, which option makes the better financial sense? I presume she would not start this pension before retiring, insofar as the benefit increases a bit each year of delay. You don't say, but I presume the two of you will live off her earnings and her health insurance until she re...
by Church Lady
Sat May 04, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 5443

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

$10K SALT if single, and $10K SALT if MFJ. That ain’t right!
Shhhhh!

On behalf of the filing status = Single of America :D
by Church Lady
Sat May 04, 2019 10:44 pm
Forum: Personal Consumer Issues
Topic: Birthday party- No gifts
Replies: 42
Views: 3539

Re: Birthday party- No gifts

Ah, this brings back memories. MANY DECADES AGO, I received an invitation to a birthday party. It said, "Please, no gifts!" Immediately my Mom started planning what gift I should bring. Me: "But Mom, the invitation says no gifts!" Mom (eyes rolling): "She only wrote that to be polite. Everyone will ...
by Church Lady
Thu Apr 25, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 5569

Re: How far would you commute?

Hi, OP. First, let me say you are lucky to be offered the choice of a severance package. When my Megacorp killed WFH, no severance package was offered. But I think they really wanted people to come into the office; not a layoff in disguise. If you think this is a stealth resource action, and you rec...
by Church Lady
Thu Apr 25, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Estimated Taxes in Retirement
Replies: 31
Views: 3376

Re: Paying Estimated Taxes in Retirement

Hi, OP. It so happens, if you are over 62 when you first retire, you get an exemption from the underpayment penalty on your federal taxes in your 'retirement' year. If this applies to you, you don't need to worry about 2019. .............................................................................
by Church Lady
Thu Apr 11, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Paying Estimated Taxes in Retirement
Replies: 31
Views: 3376

Re: Paying Estimated Taxes in Retirement

Hi, OP. It so happens, if you are over 62 when you first retire, you get an exemption from the underpayment penalty on your federal taxes in your 'retirement' year. If this applies to you, you don't need to worry about 2019. State tax is a different story. There's Tax Caster: https://turbotax.intuit...
by Church Lady
Wed Apr 10, 2019 6:54 pm
Forum: Personal Investments
Topic: Clean up of 100+ stocks in taxable
Replies: 32
Views: 2824

Re: Clean up of 100+ stocks in taxable

Hi, OP.... So I’ve made some progress, but wanted to check in before I do anything else. I sold everything with losses and already matched it all with stocked with gains. I gave to DAF. This is what I’m left with: 35 stocks ($159k), $19.6 STG +$1753 LTG (from AAPL) IAU (gold etf) $19.7k, $1200 STG P...
by Church Lady
Tue Apr 02, 2019 12:33 am
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Re: Merging Roth IRAs and dealing with a tiny t-IRA

Thanks, all! After reading pub 590b again, I am convinced this applies in my situation: Was your first Roth IRA contribution greater than 5 tax years ago? Are you 59.5 or disabled? Since the answer to both questions is "yes", your Roth IRA is "qualified" and ALL the money in all 5 of them is availab...
by Church Lady
Fri Mar 29, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5986

Re: Passed Over For Promotion for Being too Good at My Job

OP, How secure is your job in the sense it cannot be outsourced, off shored, obsoleted, or automated? If you can see the end of your job on the horizon due to social or technology shifts, maybe you should move on to another company and diversify your skill set while you are young enough to make the ...
by Church Lady
Wed Mar 13, 2019 9:12 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 6847

Re: Peanut Butter recommendations

National Public Radio's The Uncertain Hour Podcasts, 3 total, starting Oct 25, 2017 then the two following, will tell you more than you ever thought you could know about food regulation, Peanut Butter, and the sad history of Jiff. You will definitely want to check the ingredients label after listen...
by Church Lady
Tue Mar 12, 2019 10:40 pm
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Re: Merging Roth IRAs and dealing with a tiny t-IRA

Thanks for your interest! Yes, I am over 59 1/2. Yes, my first Roth contribution occurred so long ago, my broker no longer has an online record of it. Online statements go back ten years, so clearly my first Roth contribution meets the five year test. However, not all my Roth IRAs are made of contri...
by Church Lady
Tue Mar 12, 2019 5:47 pm
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 7518

Re: Time to buy Boeing?

As of today's close, Boeing yields 2.05% vs SPY at 1.89%. Not much of a premium to hold BA until the dust settles, in my opinion. If it crashes (sorry!) through support at 359 or so, the next stop is 300. As recently as December, it traded at its 52 week low of 241.16. Maybe all the bad news is alre...
by Church Lady
Mon Mar 11, 2019 2:44 pm
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Re: Merging Roth IRAs and dealing with a tiny t-IRA

2. Each conversion has a different 5-year clock so that has to be tracked by conversion which could be harder perhaps in a single account. This is correct but I think it's easier if everything is in one account. While each conversion has a 5-year clock this does not trace to a particular account. U...
by Church Lady
Mon Mar 11, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: Maxing a Roth IRA early in the year
Replies: 15
Views: 1145

Re: Maxing a Roth IRA early in the year

If you have to sell VTSAX to fund the Roth contribution, that changes things. - if you sell the stock at a loss, you can't deduct the loss on your taxes UNLESS you wait 30 days before buying the same fund again. This is due to the wash sale rule. You can look that up. Fortunately, it's easy to work...
by Church Lady
Mon Mar 11, 2019 1:55 pm
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Re: Merging Roth IRAs and dealing with a tiny t-IRA

2. Each conversion has a different 5-year clock so that has to be tracked by conversion which could be harder perhaps in a single account. This is correct but I think it's easier if everything is in one account. While each conversion has a 5-year clock this does not trace to a particular account. U...
by Church Lady
Mon Mar 11, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: Maxing a Roth IRA early in the year
Replies: 15
Views: 1145

Re: Maxing a Roth IRA early in the year

Hi, OP. Suppose you fund your IRA on January 1st. Pro: the income (dividends, cap gain distributions) will occur in the Roth and are not taxed. It's also that much more :dollar in your Roth account. If you need the money later that year, you can withdraw the contribution (but not the increase) witho...
by Church Lady
Mon Mar 11, 2019 11:11 am
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Re: Merging Roth IRAs and dealing with a tiny t-IRA

You've explained why you had these two Roth IRAs--why do you have three more, all at the same custodian? I suggest converting the $50 to Roth for simplicity's sake and merging all your Roth accounts into one. Thanks for your interest! The Roth accounts represent different sources: direct contributi...
by Church Lady
Mon Mar 11, 2019 10:43 am
Forum: Personal Investments
Topic: Merging Roth IRAs and dealing with a tiny t-IRA
Replies: 20
Views: 1208

Merging Roth IRAs and dealing with a tiny t-IRA

Hello, all. (Abbreviations used: t- is 'traditional', as in t-IRA == traditional IRA. r- is 'Roth', as in r-IRA == Roth IRA) r-accounts: Five, yes 5! r-IRAs, plus an r-401K. t-accounts: a t-401K and a small t-IRA. tax filing status: Single tax bracket: if I do Roth conversions, 24% federal and state...
by Church Lady
Mon Mar 11, 2019 9:28 am
Forum: Personal Investments
Topic: IRA to Roth conversion vs withdrawal decision
Replies: 2
Views: 355

Re: IRA to Roth conversion vs withdrawal decision

Hi, OP. Bogleheads need a few more details to answer your question. At the least, your current filing status, tax brackets, both federal and state, the source of your income (wages? Pension? SS? disability?, etc?), and the amount you propose to convert OR the income you desire to withdraw. If you ar...
by Church Lady
Sat Mar 09, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 17646

Re: What are your personal experiences with downside of early retirement?

the high cost of health care but early retirement should be everyone's goal life is not a dress rehearsal Yes+. I buy health insurance from my former employer. Last year they reimbursed for out of network care at a reduced rate, which was fine by me. This year, they are not reimbursing for out of n...
by Church Lady
Fri Feb 22, 2019 11:08 pm
Forum: Personal Investments
Topic: Should you own company shares in 401(k)?
Replies: 20
Views: 1056

Re: Should you own company shares in 401(k)?

To be fair, we should mention there are tax benefits to holding company stock in a 401K: https://www.fidelity.com/viewpoints/personal-finance/company-stock but you have to wait until distribution time before you can realize it, and you have to follow rules per the article I cited. Also, the tax bene...
by Church Lady
Fri Feb 22, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Programs -- Why Do They Round?
Replies: 9
Views: 917

Re: Tax Software Programs -- Why Do They Round?

TaxAct used to round so much, the difference between their version and a spreadsheet version was over $15. In particular, they'd round small transactions on 1099-R to zero which caused the large variance. I was afraid I'd get audited for under reporting income, so I would re-do it by hand and submit...
by Church Lady
Mon Feb 04, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Contribute To A Roth, Even If It Bumps Me Up To The Next Tax Bracket?
Replies: 25
Views: 3218

Re: Should I Contribute To A Roth, Even If It Bumps Me Up To The Next Tax Bracket?

OP, presuming you are filing status Single, the bracket past the 24% bracket is the 32% bracket. Do you expect to be in the 32% bracket or a lower bracket when you take the money out? I guess you know the 28% bracket will be reinstated in 2025 barring another change in tax law. I'd go 24% as it's le...
by Church Lady
Mon Feb 04, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: Traveling to the Yucatan, some logistics questions
Replies: 11
Views: 706

Re: Traveling to the Yucatan, some logistics questions

Don't park under a coconut tree. Great way to break a windshield! Watch out for topes (speed bumps). In a city like Merida, kids will offer to 'guard' your car. Worth a few pesos. I never drove in the Yucatan, but I went on a van tour in the 90s. As I recall, the AAA trip book was pretty good. The v...
by Church Lady
Sat Feb 02, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 64
Views: 5666

Re: Is roth conversion worth it in all cases?

OP, www.i-orp.com has a free calculator that lets you model your future income with and without Roth conversions. On the landing page, be sure to click the tab Extendxed ORP . It also lets you model many other things. There's a long learning curve, but in my opinion, worth the effort. As with any ca...
by Church Lady
Fri Feb 01, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving TaxAct, can't use FreeTaxUSA, any suggestions
Replies: 12
Views: 1177

Re: Leaving TaxAct, can't use FreeTaxUSA, any suggestions

OP, In 2017 and 2018, I bought H&R block in December for tax planning purposes. I usually get Turbotax for free from my broker, albeit too late for year end tax planning. Of the two, Turboxtax is easier to use and I find its reports more useful. Check with your broker before buying a tax product. I ...
by Church Lady
Wed Jan 30, 2019 3:33 pm
Forum: Personal Investments
Topic: Eligible for 401K at work, Roth or Pre-tax?
Replies: 33
Views: 1528

Re: Eligible for 401K at work, Roth or Pre-tax?

OP, Here are some observations that can guide your choice. If nothing else, make a nominal contribution to the Roth 401K. Your first Roth 401K contribution starts a five year clock. Essentially it is expensive to withdraw from the Roth 401K before the expiration of that clock. If you put in a nomina...
by Church Lady
Tue Jan 29, 2019 11:21 pm
Forum: Personal Investments
Topic: Opinions on when to start pension benefit
Replies: 8
Views: 694

Re: Opinions on when to start pension benefit

You mention your job could disappear in two years. If you get laid off, can you start your pension at that time, or will you be forced to wait until age 65? Can you choose to start between now and age 65 for any reason whatsoever? Do you earn a slightly higher benefit for each month or year you dela...
by Church Lady
Tue Jan 29, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with mortgage near retirement?
Replies: 43
Views: 4163

Re: What to do with mortgage near retirement?

OP, if you are going to relocate or downsize, you probably should NOT pay down your mortgage. Presumably you will get enough when you sell to pay off your mortgage. No more mortgage -- problem solved! In the meantime, the extra payments you would have made can be invested and earn you money. It's a ...
by Church Lady
Tue Jan 29, 2019 9:25 pm
Forum: Personal Consumer Issues
Topic: Sharing Elementary Class Photos
Replies: 40
Views: 2996

Re: Sharing Elementary Class Photos

I know nothing of legal implications of posting photos online without permission, but ... is it kind to do so? Is it ethical? The fact that many people post unauthorized photos online does not make it ethical or kind to do so. In the 70s, no one had an expectation that their photo could appear in cy...
by Church Lady
Tue Jan 29, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: I hate Group DI policy - Has anyone been able to opt-out?
Replies: 25
Views: 1710

Re: I hate Group DI policy - Has anyone been able to opt-out?

OP, is self-insuring an option? If not, maybe you need to put together a plan to become financially independent. Then DI-no DI stops being an issue. My employer used to provide free group DI for some percentage of income. We had the option of buying coverage under the same policy to 66 1/3% of incom...
by Church Lady
Wed Jan 09, 2019 1:03 pm
Forum: Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 11279

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

OP, I'm no financial planner, just a busybody with too much time on my hands :wink: It has not been mentioned yet, but some 401K plans allow you to WITHDRAW money for a first time home purchase. You would pay ordinary income tax on the withdrawal, but not the 10% penalty. Once the two of you are mar...
by Church Lady
Tue Nov 27, 2018 6:30 pm
Forum: Personal Investments
Topic: Question on New 401K Benefit to Do a Roth Conversion Starting in 2019
Replies: 9
Views: 656

Re: Question on New 401K Benefit to Do a Roth Conversion Starting in 2019

What was your marginal tax rate when you put the money into the 401k? If your rate was lower than now, it would make no sense to now pay a higher rate to convert it to Roth. Actually, the past has no bearing on whether it makes sense to convert now. It makes sense to convert now if you can afford t...
by Church Lady
Fri Nov 16, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 133
Views: 13627

Re: How Long / Hard To Become a Millionaire on Under $100k Income

A great many calculators will tell you how long to save lump sum L given monthly savings of s and return r. But as the saying goes, a million dollars isn't what it used to be. Just for fun: https://portfoliocharts.com/portfolio/classic-60-40/ Navigate to that page, then scroll down to the chart labe...
by Church Lady
Fri Nov 16, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Foreign Currency
Replies: 24
Views: 1221

Re: Foreign Currency

Disclosure: I've never been to Japan :oops: , BUT I am researching a tourist excursion there. 8-) Your ATM card may not work in Japanese ATMs. Seven Eleven convenience stores which are said to be ubiquitous accept foreign ATM cards, as do ATMs in the Post Office. Here is a link for Seven bank, which...
by Church Lady
Fri Nov 16, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: dental insurance - weighing extra premium vs extra benefit
Replies: 5
Views: 691

Re: dental insurance - weighing extra premium vs extra benefit

Is the premium pre-tax? I used to have a dental plan whose premium worked out to be about the same as paying cash for two cleanings/checkups a year, but was better because the premium was pre-tax. Are the fees negotiated? One benefit of my old plan was that if I did need 'extra' services, I paid a p...