Search found 372 matches

by RCL
Sun Nov 10, 2019 1:39 am
Forum: Personal Consumer Issues
Topic: New thermostat for mid-late 70’s parents?
Replies: 27
Views: 1615

Re: New thermostat for mid-late 70’s parents?

You can't beat this for a simple non programmable thermostat. So simple with large digits for us impaired vision people :D
https://www.amazon.com/HONEYWELL-ECC-CO ... =hi&sr=1-1
by RCL
Wed Oct 23, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

Just called the Certificates department with a question and was told (by Patty) that the promotional CD rates (3.0% on 24-months and 3.25% on 36-months) have been extended to November 30th . It's amazing that in this rate environment this offer would be extended. Guess they are anxious to bring in ...
by RCL
Wed Oct 16, 2019 7:32 pm
Forum: Personal Investments
Topic: Mechanics of Roth conversion at Vanguard
Replies: 11
Views: 1063

Re: Mechanics of Roth conversion at Vanguard

Just a question, don't want the OP to have to worry about a form if they don't have too. I thought form 8606 was only necessary for non-deductible contributions in an IRA to keep the cost basis correct? :?: The OP stated their account had no non-deductible contributions. If what I said is incorrect...
by RCL
Wed Oct 16, 2019 6:59 pm
Forum: Personal Investments
Topic: Mechanics of Roth conversion at Vanguard
Replies: 11
Views: 1063

Re: Mechanics of Roth conversion at Vanguard

Then next January or February I will get a form 8606 from Vanguard showing the $X converted from the traditional IRA to the Roth IRA as income for this year, and when I do my 2019 taxes this $X will show up as income for this year. They do not send you a form 8606. They will send you a 1099 (1099R ...
by RCL
Fri Oct 04, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: Solar Installation - 0.75 Year Later
Replies: 72
Views: 9750

Re: Solar Installation - 0.75 Year Later

For those of you that have purchased solar, have you seen your property taxes increase due to the addition of the solar system?
by RCL
Fri Sep 06, 2019 1:39 pm
Forum: Personal Investments
Topic: EXTREMELY noob questions about T-Bills/bonds
Replies: 6
Views: 796

Re: EXTREMELY noob questions about T-Bills/bonds

Currently 3 month bills pay around 2% and a two year bond pays out 1.5%. So won't buying and rolling over 3 month treasuries pay way more over a 1 or 2 period than a 2 year bond? When you buy a 3-month bill, you know up front that you'll get an annualized 2% for three months. [/color] Perhaps Chris...
by RCL
Wed Aug 28, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I purchase a $30k car?
Replies: 112
Views: 7891

Re: Should I purchase a $30k car?

I'm all for the Toyota Camry and Honda Accord but I'm concerned about their safety ratings. On the other hand, the Subaru and BMW seem to have excellent safety ratings. Reliablity: according to https://repairpal.com/reliability -2019 Toyota Camry: 4.5 -2019 Honda Accord: 4.5 -2019 Subaru Legacy: 4 ...
by RCL
Mon Aug 26, 2019 6:41 pm
Forum: Personal Investments
Topic: For equity sales should I avoid VTI total stock index
Replies: 18
Views: 1368

Re: For equity sales should I avoid VTI total stock index

You mention a 40 year time span..can we assume you would be buying shares of VTI all along?...Or are you making an original purchase and never buying any more..just re-investing dividends? I ask, because if you are buying new shares all along, can't you set each buy-in as an individual lot so you ca...
by RCL
Sun Aug 25, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 22629

Re: Negative Interest Rates in U.S.

What's worst case scenario for holding all TBM in a negative interest rate environment? Or are you asking about the difference in returns once yields are negative? In this case we need to know the yields of each type and maturity of bond, as well as additional changes in yields going forward. Kevin...
by RCL
Sat Aug 24, 2019 11:05 am
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 67
Views: 6341

Re: Responding to a CP2000 Notice

Thank you for the update
by RCL
Thu Aug 15, 2019 12:30 pm
Forum: Personal Investments
Topic: How can I accomplish "Locking in Gains"
Replies: 53
Views: 3669

Re: How can I accomplish "Locking in Gains"

Are you familiar with compounding? That can't happen if you 'lock in' a gain. Made up numbers here... But, say you buy a share of something for $100 today. A year from now, that share is worth $110. You lock in that gain and made $10. Twenty years from now that share could be worth $500. Are you gl...
by RCL
Tue Aug 13, 2019 12:05 am
Forum: Personal Investments
Topic: VTI vs. FSKAX for Taxable Account
Replies: 14
Views: 1764

Re: VTI vs. FSKAX for Taxable Account

I use FSKAX in taxable, and a dab of ITOT also. FSKAX has ER 0.015 while ITOT has 0.03. I guess one could also consider both for tax loss harvesting pairs. I suspect you'll pay more than the 0.015 ER difference in taxes on an annual basis. ETFs are better in taxable accounts (or Vanguard mutual fun...
by RCL
Tue Jul 30, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Satisfied 2019 RMD obligation...Now want to do conversion to Roth
Replies: 4
Views: 329

Re: Satisfied 2019 RMD obligation...Now want to do conversion to Roth

The 1099-R should be coded in box 7 with "7" just like a normal distribution. Assuming there is no after-tax money in the IRA it will all be reported as taxable income on your 1040 along with the RMD. Thanks, and how will the RMD ( my first time this year) be coded? Will need to make sure the 1099-...
by RCL
Tue Jul 30, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: F150 Repair advice
Replies: 39
Views: 2099

Re: F150 Repair advice

How much do you still owe (if anything) on the vehicle?
by RCL
Tue Jul 30, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Satisfied 2019 RMD obligation...Now want to do conversion to Roth
Replies: 4
Views: 329

Satisfied 2019 RMD obligation...Now want to do conversion to Roth

As the subject title states, I want to also do Ira to Roth conversion later in this year. I understand you can't use RMD proceeds directly to perform a conversion. Since I have already withdrawn the full amount due for my 2019 RMD (per VanGuard), can I now do a direct Ira to Roth conversion without ...
by RCL
Sat Jul 27, 2019 1:39 pm
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 97
Views: 10842

Re: Help - Talk to me like I'm 4 y/o please

Congrats. on making a wise decision!! :sharebeer
by RCL
Fri Jul 19, 2019 4:29 pm
Forum: Personal Investments
Topic: Starting Roth IRA
Replies: 20
Views: 908

Re: Starting Roth IRA

Thank you all for the humbling advice, I think I should just stick with the safe plan and go with a total stock market fund porfolio. I think i might have gotten a little ahead of myself, but that is why im here I think your future self will be glad you made this decision. Congrats. on starting ear...
by RCL
Sun Jul 14, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rebalance portfolio vs Tax bracket & Medicare part B premium
Replies: 13
Views: 838

Re: Rebalance portfolio vs Tax bracket & Medicare part B premium

Is there a reason you need to do this in a hurry?
I, for sure, would not up my tax bracket and Medicare premiums for the sake of changing my asset allocation.
I would just do a little at a time.
by RCL
Mon Jul 08, 2019 9:12 pm
Forum: Personal Investments
Topic: Is Total International Stock Market Index in taxable account as tax efficient as the Total Stock Market Index?
Replies: 13
Views: 2203

Re: Is Total International Stock Market Index in taxable account as tax efficient as the Total Stock Market Index?

My holding in each mutual fund are not equal dollars but the TISMI dividends are that much higher (3.8 times) if the 2 funds had the same dollars in them. Maybe the dividends are so different because of the number of shares you own are not proportional? I say this because you mentioned dollars and ...
by RCL
Thu Jun 06, 2019 5:29 pm
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 124
Views: 12353

Re: why are Small Caps falling?

stocknoob4111 wrote:
Thu Jun 06, 2019 4:18 pm
I'm actually comparing it to the all time highs.
I don't think comparing anything to an all time high or all time low has meaning.
I know, I know, things like "we are in a correction" use this criteria....to me, an all time high or all time low is just an anomaly.
by RCL
Mon Jun 03, 2019 7:30 pm
Forum: Personal Investments
Topic: Intermediate Bond Fund in Taxable?
Replies: 9
Views: 1102

Re: Intermediate Bond Fund in Taxable?

You probably already know this, But Fidelity FSKAX Total Market Index has been paying LTGC & STCG distributions lately. So IMO, it is not the best to have this in taxable. Some here will say it's a small amount, but hey, it all adds up
by RCL
Sat Jun 01, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11120

Re: How did you all do in the month of May, 2019

DanMahowny wrote:
Sat Jun 01, 2019 4:33 pm
randybobandy wrote:
Sat Jun 01, 2019 4:15 pm
My first child was born and my wife stopped working. Big smile on my face, life is good..though the wallet feels a bit light.
That's a good month. Congrats to you guys.
+1 on this...it's good when life is good!
by RCL
Sat Jun 01, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11120

Re: How did you all do in the month of May, 2019

ruralavalon wrote:
Sat Jun 01, 2019 12:40 pm
Hockey10 wrote:
Sat Jun 01, 2019 12:10 pm
nisiprius wrote:
Sat Jun 01, 2019 4:46 am
I don't know and I don't care.
My thoughts exactly.
But you made me look :( .

Down 2.59%, not necessarily as nearly as bad as it sounds on the news.
Rats, made me look as well..
My overall portfolio was down .52%
Yes, I'm retired and very conservative
by RCL
Fri May 31, 2019 5:03 pm
Forum: Personal Investments
Topic: Affect on 401K on During Stock Market Downturn When No Longer Contributing
Replies: 6
Views: 835

Re: Affect on 401K on During Stock Market Downturn When No Longer Contributing

Hi, and welcome to the forum :happy In a downturn market, if your dividends and/or capital gains are being paid and reinvested also in a downturn market, then you are buying those shares at a discounted price from when the market was at a high. So, yes, those additional shares could rise exponential...
by RCL
Fri May 31, 2019 1:02 pm
Forum: Personal Investments
Topic: Is VMFXX better than VMMXX now?
Replies: 28
Views: 3236

Re: Is VMFXX better than VMMXX now?

Edit:I forgot to use the quotes Walletless: I'll try to answer this, as I struggled with this recently. Don't take this for the gospel truth..make sure you do your own research. My Vanguard 1099 only shows Interest paid me for securities like the Federal Money Market as Ordinary Dividends. To remove...
by RCL
Fri May 24, 2019 7:38 pm
Forum: Personal Consumer Issues
Topic: New furnace and air conditioner
Replies: 22
Views: 2449

Re: New furnace and air conditioner

Go with a high SEER unit multistage/variable. You already mentioned your awareness of the extra needs, ducting wise, if you go a high efficiency heater. Sounds like your place has reasonable insulation if your winter gas bill is only $100. So I would consider the less efficient furnace. Heck, here i...
by RCL
Wed May 22, 2019 8:47 pm
Forum: Personal Investments
Topic: Frozen by uncertainty, really want to unfreeze
Replies: 34
Views: 3483

Re: Frozen by uncertainty, really want to unfreeze

Please take your time with this. There is no real reason to be in a hurry. You have come to a great place to ask your questions. The collective knowledge base here is staggering! It will take you some time just to read through the already recommended links and suggestions, which will probably spur e...
by RCL
Wed May 08, 2019 12:04 pm
Forum: Personal Investments
Topic: Strategy for Selling Appreciated Stocks
Replies: 11
Views: 1106

Re: Strategy for Selling Appreciated Stocks

OP, you may have a little more "wiggle" room than you think as far as the 0% tax rate on capital gains & dividends.
I think the 0% numbers for 2019 married filing joint is $78,750... up from $77,200 for 2018
by RCL
Wed Apr 24, 2019 6:51 pm
Forum: Personal Investments
Topic: What to do? Sitting on the bench since October
Replies: 66
Views: 7665

Re: What to do? Sitting on the bench since October

At least the OP has made some pretty good interest in the MM since then
by RCL
Wed Apr 17, 2019 3:59 pm
Forum: Personal Investments
Topic: Capital Gains and Long Term Stock Holdings
Replies: 12
Views: 789

Re: Capital Gains and Long Term Stock Holdings

Welcome to the site :sharebeer
How long ago did you inherit them?
I'm thinking the cost basis should have been reset to the current share value the day (or so) the day you inherited them.
This would effectively wipe out all capital gains
by RCL
Tue Apr 16, 2019 11:46 am
Forum: Personal Investments
Topic: Itemized deduction for CA Taxes
Replies: 11
Views: 1203

Re: Itemized deduction for CA Taxes

1) Is it true if you did not itemize the prior year(on Fed return) and received a state tax refund, that refund does not have to be included as income on the next years state return? 2)If the above is true, how does one handle the 1099-G that you receive....is there a way of notifying the IRS via t...
by RCL
Tue Apr 16, 2019 12:17 am
Forum: Personal Investments
Topic: Itemized deduction for CA Taxes
Replies: 11
Views: 1203

Re: Itemized deduction for CA Taxes

Is it true if you did not itemize the prior year and received a state tax refund, that refund does not have to be included as income on the next years state return? If the above is true, how does one handle the 1099-G that you receive....is there a way of notifying the IRS via the return that you ar...
by RCL
Sun Apr 07, 2019 4:35 pm
Forum: Personal Investments
Topic: Lowering my tax bracket
Replies: 6
Views: 975

Re: Lowering my tax bracket

ispepsiok, regarding contributions lowering your Social Security earned income; Quirkz is correct. You can verify yourself if you have your W-2. Observe that Box 1 is where reported wages etc. are reported. This number already has your contributions subtracted from your gross pay. Observe that Box 3...
by RCL
Thu Apr 04, 2019 8:09 pm
Forum: Personal Investments
Topic: Long term capital gains question.
Replies: 8
Views: 1172

Re: Long term capital gains question.

Have you considered what your two different options would do to your state tax?
by RCL
Mon Apr 01, 2019 2:34 pm
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4634

Re: Wood vs Laminate Flooring

I had GemCore (Ruby Collection) by Reward installed. It's a 100% waterproof Stone composite hybrid (>= 70% stone) called Stone Composite Flooring (SCF). Waterproof was required because of bath/shower area as one of the rooms done and didn't want any transitions between rooms. Lifetime structural all...
by RCL
Tue Mar 26, 2019 8:58 pm
Forum: Personal Investments
Topic: CD ladder, intermediate-term bond fund, or money market for safety in Fidelity HSA?
Replies: 11
Views: 850

Re: CD ladder, intermediate-term bond fund, or money market for safety in Fidelity HSA?

I'm certainly not an expert when understanding bond funds, but understand that when you buy a bond fund of (x) number of years duration, the fund is made up of bonds with many different durations. The maturing bonds that make up that fund are constantly being replaced with newer bonds, also of vario...
by RCL
Thu Mar 21, 2019 3:39 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7485

Re: Role of Pensions and Social Security in Asset Allocation

Put me in the camp where Pensions and Social Security are projected income and should be compared to projected spending before deciding what to do with the allocation of investment assets. For me: If projected income is greater than projected spending then my AA decision is more dependent on what I...
by RCL
Fri Mar 15, 2019 4:05 pm
Forum: Personal Investments
Topic: Today's 10 year Treasury movement
Replies: 18
Views: 2367

Re: Today's 10 year Treasury movement

The usual, fears of economic growth slowing. The bond market is more bearish than the stock market at the moment. Also, today is a quadruple witching day, and strange behavior is known to happen in high volume on quadruple witching days. I would wait until next week to see what happens before think...
by RCL
Fri Mar 15, 2019 2:04 pm
Forum: Personal Investments
Topic: Today's 10 year Treasury movement
Replies: 18
Views: 2367

Today's 10 year Treasury movement

Anybody know what might be up with this? (Yield Down over 1%)
oops, Corrected title from bond to Treasury
by RCL
Mon Mar 11, 2019 5:50 pm
Forum: Personal Investments
Topic: Thoughts on VNQ? [Vanguard Real Estate ETF]
Replies: 42
Views: 5906

Re: Thoughts on VNQ? [Vanguard Real Estate ETF]

+1 ^^^ on not a good idea to hold in taxable :thumbsup
by RCL
Fri Mar 01, 2019 1:05 am
Forum: Personal Investments
Topic: What did wise people do with their investments in 2008
Replies: 101
Views: 8413

Re: What did wise people do with their investments in 2008

Not that I was wise, but didn't sell anything and tried to buy more when extra $$ were available
by RCL
Thu Feb 28, 2019 7:08 pm
Forum: Personal Investments
Topic: Want no interest, dividends or distributions in 2019
Replies: 45
Views: 4729

Re: Want no interest, dividends or distributions in 2019

Tax Exempt municipal bond funds from your state?
by RCL
Tue Feb 19, 2019 1:01 am
Forum: Personal Investments
Topic: strategy to re-enter the market
Replies: 47
Views: 4541

Re: strategy to re-enter the market

livesoft wrote:
Mon Feb 18, 2019 10:50 pm
Whatever strategy is used, a part of it should be to call the current market "normal" all the time, no matter what.
+1000 totally agree with this
by RCL
Mon Feb 11, 2019 1:01 am
Forum: Personal Investments
Topic: Muni Fund- tax exemption change ?
Replies: 4
Views: 502

Re: Muni Fund- tax exemption change ?

California's percentage is 50% to be State Exempt
by RCL
Fri Feb 08, 2019 12:59 am
Forum: Personal Finance (Not Investing)
Topic: It's tax time in California so need some help
Replies: 9
Views: 1298

Re: It's tax time in California so need some help

[/quote] CA-540 instructions say the following: "Line 5a – State and Local Taxes California does not allow a deduction for state and local income tax (including limited partnership tax and income or franchise tax paid by corporations) and State Disability Insurance (SDI) or state and local general s...
by RCL
Thu Feb 07, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: It's tax time in California so need some help
Replies: 9
Views: 1298

Re: It's tax time in California so need some help

....................................................................... Schedule CA (540) California Adjustments column B(subtractions) and column C(additions) is used to make the needed corrections to satisfy the state requirements. I have no problems with most of the subtractions or additions wit...
by RCL
Thu Feb 07, 2019 2:28 am
Forum: Personal Finance (Not Investing)
Topic: It's tax time in California so need some help
Replies: 9
Views: 1298

It's tax time in California so need some help

Hi group I've been trying to figure out my Ca. state tax forms and after a whole day, can't figure out some things about it. Taxes can be complicated, so I apologize for this lengthy post in advance. The short route if you don't want to read this long post.... Where do I enter any Ca. SDI taxes with...
by RCL
Thu Jan 24, 2019 6:49 pm
Forum: Personal Investments
Topic: Comparing ST Corp with Int Term Muni in Taxable
Replies: 6
Views: 430

Re: Comparing ST Corp with Int Term Muni in Taxable

louie, do you also have state taxes