Search found 447 matches

by RCL
Thu Aug 06, 2020 6:16 pm
Forum: Personal Investments
Topic: Help my Aunt decide on Edward Jones or somewhere else
Replies: 52
Views: 2601

Re: Help my Aunt decide on Edward Jones or somewhere else

Would he still be your best friend if you moved your $$ to somewhere else?
by RCL
Tue Aug 04, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Compare the state tax across states - California, Florida
Replies: 35
Views: 2730

Re: Compare the state tax across states - California, Florida

When comparing costs across states, I always tell people to remember to include things like toll fees, whether things like groceries, medications etc. are taxed. As mentioned up-thread, don't forget to check insurance costs for medical, home, auto. Utility prices for different locations are all over...
by RCL
Thu Jul 30, 2020 6:41 pm
Forum: Personal Investments
Topic: Recession or not
Replies: 21
Views: 2103

Re: Recession or not

32.9% GDP contraction from April to June. I think that qualifies as a recession. I read the 32.9% figure represents the annualized rate of contraction, which differs from the 9.5% actual contraction that occurred between April and June. https://abcnews.go.com/Business/us-gdp-contracted-record-329-p...
by RCL
Sat Jul 25, 2020 5:47 pm
Forum: Personal Investments
Topic: Irritating $0.01 left in settlement fund
Replies: 21
Views: 1877

Re: Irritating $0.01 left in settlement fund

Slightly off topic as the OP is trying to figure out how to get rid of a small amount of cents already in his settlement fund, and I am trying to be preemptive by not leaving the few cents in the first place. I am planning to exchange 100% of the IRA settlement fund to another fund I already own in ...
by RCL
Thu Jul 23, 2020 2:43 pm
Forum: Personal Investments
Topic: Bonds worth it?
Replies: 137
Views: 8563

Re: Bonds worth it?

I don't think I've ever read "yield" as one of the reasons for holding bonds. When you retire, I think that you will think differently Why is that? You don't think a retired person needs to shield against huge market gyrations? We retirees don't necessarily use bonds for yield, that is what equitie...
by RCL
Sun Jul 19, 2020 12:23 pm
Forum: Personal Investments
Topic: Roth Conversion, LTCG or Both
Replies: 16
Views: 1125

Re: Roth Conversion, LTCG or Both

OP, remember to factor in Medicare's income-related monthly adjustment amount (IRMAA) when doing your calculations. Also be aware the income used in IRMMA calculations uses a two-year look back. RCL - How does IRMAA come into play for a person OP's age of 55? I was under the impression it would onl...
by RCL
Sat Jul 18, 2020 5:57 pm
Forum: Personal Investments
Topic: Roth Conversion, LTCG or Both
Replies: 16
Views: 1125

Re: Roth Conversion, LTCG or Both

OP, remember to factor in Medicare's income-related monthly adjustment amount (IRMAA) when doing your calculations.
Also be aware the income used in IRMMA calculations uses a two-year look back.
by RCL
Sat Jul 18, 2020 4:49 pm
Forum: Personal Consumer Issues
Topic: Is my refrigerator running.......properly?
Replies: 14
Views: 1608

Re: Is my refrigerator running.......properly?

Any update on this? Please post a link to the recorder device you purchased. I would like to see more about this device and how it works. The temperature swings you are seeing from opening the door would seem to support the idea the recorder device has no heat sink on it's thermocouple. If true, tho...
by RCL
Sat Jul 11, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Remodel or move?
Replies: 33
Views: 2184

Re: Remodel or move?

Contrarian point of view I raised a family in a (too small a house) for the number of kids for a long time. Finally had to move to another area (more affordable) in order to get a house big enough to support a separate bedroom for each kid. One of the best things I ever did. The kids grew up and mad...
by RCL
Tue Jul 07, 2020 8:49 pm
Forum: Personal Investments
Topic: Taxable Account - VTSAX vs. VTI
Replies: 19
Views: 2223

Re: Taxable Account - VTSAX vs. VTI

You all finally convinced me to own total stock market index fund over S&P, but now that I can't own VTSAX in both IRA and non-IRA accounts , I'm confused. Thanks so much for your help!! Re: the bolded part..There is nothing wrong with holding the same funds, or funds with the same benchmark (ie S&...
by RCL
Tue Jul 07, 2020 8:41 pm
Forum: Personal Investments
Topic: Taxable Account - VTSAX vs. VTI
Replies: 19
Views: 2223

Re: Taxable Account - VTSAX vs. VTI

Option #1 change your IRA from VTSAX (Total Stl Mkt.) to VFIAX (S&P500 since his IRA is already in the S&P There would be no tax consequences doing this as the IRA is a tax deferred account This would free up your taxable account to be in VTSAX, so you would never have a wash sale if you ever decide...
by RCL
Tue Jul 07, 2020 4:41 pm
Forum: Personal Investments
Topic: Do you ever feel you've missed out due to the 3-fund portfolio?
Replies: 125
Views: 9563

Re: Do you ever feel you've missed out due to the 3-fund portfolio?

OP, have you considered if you would be having this regret had you invested a large amount in the stock (or any stock) and it tanked? If that happened, you would have wasted all that $$ that would have put your son in a better position. In the mean time, the $$ that went into the three-funder portfo...
by RCL
Tue Jun 30, 2020 6:26 pm
Forum: Personal Consumer Issues
Topic: Landlord expectations: Rats in the yard
Replies: 80
Views: 5693

Re: Landlord expectations: Rats in the yard

Maybe try something like this electronic rat trap? Doesn't use poison, just use some attractant like peanut butter or nuts or ? I haven't used one yet, but know someone who does and he says it works real well. YMMV https://www.amazon.com/Victor-M241-Touch-Upgraded-Electronic/dp/B074XXNC9G/ref=sr_1_6...
by RCL
Mon Jun 15, 2020 4:32 pm
Forum: Personal Investments
Topic: Prior to vaccine, safeguard assets in bond index?
Replies: 20
Views: 1664

Re: Prior to vaccine, safeguard assets in bond index?

This is my first question so please bare with me if I didn't provide enough info or if question already answered. The expansive forums are intimidating! In a Vanguard article of 08-Jun-2020 ("Should I safeguard my assets by moving my investments to cash?") the clear advice is: do not go to cash. Wh...
by RCL
Sun Jun 14, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Car Issues - No Oil
Replies: 89
Views: 6391

Re: Car Issues - No Oil

Just piling on. Had a 1992 Toyota Tercel that drank 1 qt of oil every 300 miles. I just found the cheapest thickest 20w50 oil I could find and dumped it in with every gas tank. It was $1 bi-weekly or a $1000 engine repair. It ran fine until my uncle borrowed it and decided not to top up the oil. Th...
by RCL
Fri Jun 12, 2020 12:45 pm
Forum: Personal Consumer Issues
Topic: Noisy return/intake in new HVAC
Replies: 63
Views: 3127

Re: Noisy return/intake in new HVAC

OP...This may sound like a dense question, but what is your definition of a "return"? The return of air to the handler/blower (sucking air into the vents), or the return of air to a room (blowing air into the room)? Seems, based on some of the posts here, there may be some confusion about "returns"?...
by RCL
Sat Jun 06, 2020 7:27 pm
Forum: Personal Investments
Topic: Retirees: what is your AA?
Replies: 80
Views: 3973

Re: Retirees: what is your AA?

investor.saver1 wrote:
Sat Jun 06, 2020 5:30 pm
Age 71. 25/75 (equities/fixed income). Don't need to take risk and don't enjoy drama. I'm planning to hold this AA for the balance of my life.
^^^ This is exactly our ages and AA. Ditto not needing any (little) risk.
Can't believe how calm I have able to be during this last crisis.
by RCL
Mon May 18, 2020 12:48 am
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 10368

Re: What single individual stock would you buy?

Stock in myself :D
by RCL
Mon May 18, 2020 12:39 am
Forum: Personal Consumer Issues
Topic: Stinkbug screened in deck problem
Replies: 25
Views: 2313

Re: Stinkbug screened in deck problem

Maybe find out what they like to eat and make a trap they fall into and can't get out, maybe with some water in the bottom of it so they drown?
by RCL
Wed May 13, 2020 5:38 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10345

Re: Why no love for REITs?

I have the VG Reit Index fund, VGSLX, in my IRA.
Over the last few years I have been slowly converting shares over to a Roth.
Looks like with the lower NAV price, coupled with no RMD required this year,
I may be able to convert the remaining shares this year.
by RCL
Fri May 08, 2020 12:38 pm
Forum: Personal Investments
Topic: Thoughts about VDADX in Roth IRA?
Replies: 31
Views: 1564

Re: Thoughts about VDADX in Roth IRA?

Thanks for all the feedback. I am new to investing so still learning the concepts. What other Vanguard fund(s) would you recommend for a simple and suitable for Roth IRA? I am 33 years old so long term investment. I basically choose funds based on low cost so these are other funds that I am looking...
by RCL
Sun Apr 26, 2020 6:32 pm
Forum: Personal Investments
Topic: Intermediate term tax exempt bond fund
Replies: 27
Views: 2426

Re: Intermediate term tax exempt bond fund

I am pretty sure lots of municipal bonds and city bonds are going to be stressed as tax revenue drops. These towns have only lost 1-2 months of taxes so far. What happens by August-October when revenues are down by 30% or more? Then the city managers and town councils will have cut police salaries ...
by RCL
Sun Apr 26, 2020 6:12 pm
Forum: Personal Investments
Topic: S&P 500 vs Total Market Index funds
Replies: 67
Views: 5366

Re: S&P 500 vs Total Market Index funds

I also own both. You won't see much difference with either one, especially
holding long term as you will be doing.

Welcome to the forum btw
by RCL
Wed Apr 22, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6515

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

[OT comments removed by admin alex]

To the OP, I think the current Corolla model is much larger than the earlier year models (not been in one lately).
It is really hard to go wrong with the Camry selection, but it is larger than the Corolla
by RCL
Sun Apr 19, 2020 4:37 pm
Forum: Personal Investments
Topic: I'm out [of the market]
Replies: 109
Views: 12073

Re: I'm out [of the market]

Whatever happened to, (paraphrasing), "if you've won the game, you don't have to play"?
Winning the game means different things to different people for sure
by RCL
Fri Apr 17, 2020 12:32 pm
Forum: Personal Investments
Topic: replacement for VUSXX
Replies: 5
Views: 575

Re: replacement for VUSXX

Take note Vanguard has closed this fund to new investors, so if you think you may want to use this fund
in the near future, leave some $$ in it so you can add to it at a later time
by RCL
Wed Apr 15, 2020 4:32 pm
Forum: Personal Investments
Topic: Taxable Event? - VUSXX from Taxable to fund Roth
Replies: 8
Views: 370

Re: Taxable Event? - VUSXX from Taxable to fund Roth

cheese_breath wrote:
Wed Apr 15, 2020 12:53 pm
We're assuming earned income up to the amount being contributed to the Roth. Yes?
+1 on this
by RCL
Wed Apr 15, 2020 12:51 pm
Forum: Personal Investments
Topic: My friend says his Roth and 401k are higher than before the pandemic started
Replies: 49
Views: 5722

Re: My friend says his Roth and 401k are higher than before the pandemic started

"Before the pandemic started"..... All depends of when he picked his time period in making his comparison in addition to the content of his Roth & 401k. IMHO, I don't understand why people would use the previous high point or low point as a comparison point. Seems doing so just exaggerates the resul...
by RCL
Wed Apr 15, 2020 12:02 pm
Forum: Personal Investments
Topic: Question on paying taxes online: How to pay for 2019 instead of paying estimated taxes for 2020?
Replies: 6
Views: 525

Re: Question on paying taxes online: How to pay for 2019 instead of paying estimated taxes for 2020?

I used this before and it was pretty easy once you verify who you are
Edit: in the Q&A there is an answer of how to use credit card for payment
https://www.irs.gov/payments/direct-pay-help
by RCL
Tue Apr 14, 2020 4:12 pm
Forum: Personal Investments
Topic: Roth IRA Vanguard Brokerage Account - Help Needed
Replies: 19
Views: 1014

Re: Roth IRA Vanguard Brokerage Account - Help Needed

I have no idea if they will do that and I thought they converted all accounts to the v long ago. My best advice is to get over it and have the Roth on the brokerage platform. You'll not notice any difference. I would have to move all my accounts to the new platform. There are multiple threads here ...
by RCL
Sun Apr 12, 2020 9:24 pm
Forum: Personal Investments
Topic: GNMA vs Short-Term Corporate Bond Index
Replies: 9
Views: 848

Re: GNMA vs Short-Term Corporate Bond Index

I have held GNMA (VFIJX) in tax deferred, for six years now and it has served it's purpose for me.
I did read, IIRC, that it may not be well suited for a taxable account? Don't trust that, better to look it up
by RCL
Sun Apr 12, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Taxes
Replies: 43
Views: 2589

Re: Quarterly Taxes

................................................. QUESTIONS 1 - How do you determine if you need to file quarterly? Trick question maybe?(see details below) 2 - If I do not pay any additional taxes and get penalized, how do I determine what the penalty will be? Form 2210? If the penalty is small, i...
by RCL
Sun Apr 12, 2020 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Taxes
Replies: 43
Views: 2589

Re: Quarterly Taxes

Since this thread is about quarterly taxes, I have questions. Hopefully this is simple and I'm just tax challenged (most likely) If more information is needed, let me know. Thanks QUESTIONS 1 - How do you determine if you need to file quarterly? Trick question maybe?(see details below) 2 - If I do n...
by RCL
Thu Apr 09, 2020 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth asking car insurer to decrease premium during pandemic?
Replies: 32
Views: 1643

Re: Is it worth asking car insurer to decrease premium during pandemic?

Didn't read all posts, but just got email from my insurance USAA: We know the COVID‐19 pandemic is having a financial impact, and we're taking action to ease the burden. Every member with an auto insurance policy in effect as of March 31, 2020, will receive a 20% credit on two months of premiums in ...
by RCL
Mon Mar 30, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: underpayment of tax penalty waiver for 2020?
Replies: 8
Views: 582

Re: underpayment of tax penalty waiver for 2020?

Thanks
So if I qualify for the $1200 and if at the end of the year I owed $1,200, it would be a wash?
by RCL
Mon Mar 30, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: underpayment of tax penalty waiver for 2020?
Replies: 8
Views: 582

Re: underpayment of tax penalty waiver for 2020?

Thought maybe since it is a tax credit, it possibly might count towards any taxes that might be due Even by that logic your question does not compute. If they are handing you $1200 cash, how can that possibly also lower your est tax due? That would be double-counting. Maybe because I think of a tax...
by RCL
Mon Mar 30, 2020 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: underpayment of tax penalty waiver for 2020?
Replies: 8
Views: 582

Re: underpayment of tax penalty waiver for 2020?

I am not sure why you think the $1200 payment has anything to do with the underpayment penalty. The tax filing and payment deadline for 2019 federal income tax was postponed to July 15, 2020. The deadline to pay 2020 first quarter federal estimated taxes has also been postponed to July 15, 2020. (B...
by RCL
Mon Mar 30, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: underpayment of tax penalty waiver for 2020?
Replies: 8
Views: 582

underpayment of tax penalty waiver for 2020?

Does anyone know how this $1,200 tax rebate,(if it does at all), would affect the Fed's policy on year-end penalties caused by underpayment of taxes on a quarterly basis? Would penalties be waived? Would one still have to make an estimated tax payment before April 15th if income was received in the ...
by RCL
Thu Mar 26, 2020 5:14 pm
Forum: Personal Investments
Topic: Locking in gains
Replies: 17
Views: 1757

Re: Locking in gains

it feels This seems Basically any thought or sentence that includes these words is meaningless and should be dropped/ignored. No matter what you think or feel, you don't know what the future holds. I was at an overall allocation that I was ok with. This is now proven to be wrong. You need to reeval...
by RCL
Tue Mar 24, 2020 4:23 pm
Forum: Personal Investments
Topic: Selling 100% stocks on a bounce
Replies: 256
Views: 22289

Re: Selling 100% stocks on a bounce

He was a good sport to come back. Do what you like OP, but I hope the criticism of the board helped change your mind. You reached out and you got an answer. Nice work. I think this is all an act of performance art. I'm suspecting mathguy isn't an investor at all. He's actually an out-of-work commun...
by RCL
Fri Mar 06, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Difference between VBTLX and BND
Replies: 12
Views: 980

Re: Difference between VBTLX and BND

That graph looks like bad data to me. Also, I don't think BND was around prior to 2007.
M* shows barely a difference between the two when looking at growth.
When looking at price, the two traces are pretty much parallel each other
by RCL
Thu Feb 27, 2020 2:19 am
Forum: Personal Investments
Topic: Did I mess up my TLH?
Replies: 9
Views: 895

Re: Did I mess up my TLH?

Well, I must be not thinking very clearly.. If you only sold lot 1 why do you have a wash sale? There are more than 30 days from the time you purchased lot 1 and when you sold it. Did I miss the part where you sold all the lots? Must be time for me to retire for the evening. Maybe in the morning my ...
by RCL
Wed Feb 19, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

You could look at the 10-K filing for 1995 on the SEC website. It should have high and low share prices for the quarter. Are only the re-invested dividends used to calculate the basis or are all the dividends used? Only reinvested dividends, since they are the only ones that bought more shares. Tha...
by RCL
Wed Feb 19, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

Do your best, and don't worry about the IRS. Worst case is turn it over to them and see if they can do better; they won't want to. Very worst case is that they treat your cost basis as $0, but you have a strong case that it isn't. With AMGN at $223 today, and between $10-12 (split adjusted) in 1995...
by RCL
Wed Feb 19, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

I have been trying to determine (and verify) the cost basis of a stock I purchased in 1995. I made several purchases that year, but only have one statement from Dean Witter Reynolds. The statement shows the price and the number of shares purchased,and the unbelievable commission charged If this is ...
by RCL
Wed Feb 19, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

But when I go back and look at the price of the stock during that period, the price is way too low due to Splits and dividend re-investments. Maybe I should take that price and multiply it by the ratios of the splits to come up with the actual price for that time period? Perhaps I am looking at thi...
by RCL
Wed Feb 19, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

I wonder if you're looking at the wrong thing. While the term NAV (net asset value) is used for mutual funds and is basically a synonym for price, I've never heard it used as such for an individual stock. And as stocks usually trade at a premium to their underlying asset value (due to expectation o...
by RCL
Wed Feb 19, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

nps wrote:
Wed Feb 19, 2020 5:14 am
At least the commission is part of your basis. What is the stock?
Yes, commission is part of the basis. Since there were several splits, do I have to halve the commission for each split? (each split was 2:1)
by RCL
Wed Feb 19, 2020 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding a stocks price from 1995
Replies: 22
Views: 1430

Re: Understanding a stocks price from 1995

Yahoo adjusts for dividends, such that if you use their adjusted prices you will get the Total Return for the stock, assuming you reinvested dividends. They might also adjust for splits - you would have check (perhaps find some other stock that you knew had a split on a certain date and see if Yaho...