Search found 5320 matches

by itstoomuch
Fri Mar 09, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: YE Review - No more Restricted Stock Options
Replies: 17
Views: 1530

Re: YE Review - No more Restricted Stock Options

OP's past RSU's may not be worth a whole lot. RSU's if offer today may be worth something if the company survives.
by itstoomuch
Fri Mar 09, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2315

Re: Anyone ever have success getting out of a lease?

BTW, as a LL,
We have the right to show the Apartment while the current tenant is occupying the unit.
by itstoomuch
Fri Mar 09, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2315

Re: Anyone ever have success getting out of a lease?

We recently closed on a new build TH. March 01, 2018. We had to extend the expected closing because the seller had some issues in identifying the property's address. Title company and Lender wasn't going to close until owner properly identified the property. We almost didn't close and only did so by...
by itstoomuch
Fri Mar 09, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2315

Re: Anyone ever have success getting out of a lease?

No.
You signed a contract and the PM told you how you could get satisfy your contract. Did you not expect to fulfill your end of the contract on day 1. Did you not expect the LL to fulfill his side of the contract?
by itstoomuch
Fri Mar 09, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Creating income stream..Reits? Preferreds, Dividends?
Replies: 42
Views: 3693

Re: Creating income stream..Reits? Preferreds, Dividends?

Comment:
Giving and receiving takes truthfulness.
I post in the signature line what we have done so that the receiver can make a better analysis.
by itstoomuch
Fri Mar 09, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: Furnace main control board fails after main blower replacement?
Replies: 8
Views: 754

Re: Furnace main control board fails after main blower replacement?

Possible.
A relay and controlling transistor is probable on the Main Circuit Board.
I doubt that protective devices are used since they are mostly sacrificial (a cheaper dead component).
by itstoomuch
Fri Mar 09, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Creating income stream..Reits? Preferreds, Dividends?
Replies: 42
Views: 3693

Re: Creating income stream..Reits? Preferreds, Dividends?

We are doing GLWB annuities (2008-2012 origination) and rentals as Sandtrap has suggested but in a HCOL area. Very little remains of our Index/MFs; We have little exposure to the stock/bond Markets other than fixed mortgage rates. What is remaining, are Discretionary stock/MF accounts of < 10% of re...
by itstoomuch
Fri Mar 09, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett - Bonds / Risk / Portfolio Ratio
Replies: 9
Views: 1640

Re: Warren Buffett - Bonds / Risk / Portfolio Ration

JMO Everyone must remember that BH is essentially a Vanguard/Index/MF site. Vanguard makes money on selling and manages Indexes and MF of stocks and bonds. It does not purposely sell cash instruments or will they sell cash instruments which will make them a depository bank. Eleven years ago, the inv...
by itstoomuch
Fri Mar 09, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: YE Review - No more Restricted Stock Options
Replies: 17
Views: 1530

Re: YE Review - No more Restricted Stock Options

Get out ASAP. They are essentially telling you to go because they need to cut expenses fast and hard.
YMMV
by itstoomuch
Fri Mar 09, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett - Bonds / Risk / Portfolio Ratio
Replies: 9
Views: 1640

Re: Warren Buffett - Bonds / Risk / Portfolio Ration

+1
In my Discretionary trading accounts, I buy a company, NOT its stock. A stock is a manifestation of the company.
No bonds in our portfolio.
by itstoomuch
Fri Mar 09, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Is this a housing bubble?
Replies: 71
Views: 9272

Re: Is this a housing bubble?

@smitcat
if he should get an offer to transfer, he'd probably quit and go to work at place(s) in South Lake Union or Redmond. He has a very big network and standing offers.

If he takes the transfer, we'd be fine. We are PNWers and moving for a chance to urbanize.
by itstoomuch
Fri Mar 09, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Accumulation-Dynamic Decumulation Strategy
Replies: 63
Views: 6959

Re: Accumulation-Dynamic Decumulation Strategy

OP are you only limiting your self to Indexes and stocks/bonds?
If so, why?
by itstoomuch
Thu Mar 08, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 3094

Re: To sell or not to sell

JMO, YMMV Our son (32) has a different perspective. He's a buy and hold. #1 Scenario. We (68/71) have another perspective. We are currently, a sell and go to cash for another opportunity. #3 Scenario. OP, you could query each responder on their own financial position and which would help you delve i...
by itstoomuch
Thu Mar 08, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Is this a housing bubble?
Replies: 71
Views: 9272

Re: Is this a housing bubble?

+1 @jminv. Very good analysis. @CMD1; YMMV. We (son and ourselves) have bought 4 places with this REagent. Seattle is where our experience has been. Our son has been acquainted with this REagent for 5 years, 2 years before we engaged her. Our son has been in Seattle for 10 years. We are aware of Dal...
by itstoomuch
Thu Mar 08, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: 8 mil loss on 1099...
Replies: 35
Views: 6125

Re: 8 mil loss on 1099...

I don't know why WFC keeps shooting themselves.
I am beginning to understand why the FedReserve Board has put some restrictions on their future growth until shape-up their management and systems. :P
by itstoomuch
Thu Mar 08, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 3094

Re: To sell or not to sell

JMO. YMMV. From our Only's (32) experience: Single, homeowner, can't do Roth, 28% bracket. He is fully invested in his 401k and IRA with Vanguard Indexes. He has some Blackrock Midcap and Russell Indexes in taxables. He has stock options with his company that now exceed his 401k value. He has some i...
by itstoomuch
Thu Mar 08, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 758

Re: Having 2nd thoughts about Roth conversion, please check my logic

nolesrule wrote:
Thu Mar 08, 2018 4:32 pm
Tax gain harvest in your taxable account.
This. :dollar
by itstoomuch
Thu Mar 08, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 758

Re: Having 2nd thoughts about Roth conversion, please check my logic

Sorry, I was under the impression that you have done conversions and rethinking the reason for doing more conversions. The reason is kinda global in the general tax deferral philosophy. No you are not missing anything. JMO In addition, if you keep the converted funds in a low yielding Roth (BND), yo...
by itstoomuch
Thu Mar 08, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 758

Re: Having 2nd thoughts about Roth conversion, please check my logic

Some of my savings include: Taxable in IVV (S&P 500) = $953,000 Traditional IRA in BND (Total Bond) = $387,000 Roth IRA in BND = $145,000 Ally Savings Account = $100,000 Look at your Roth? You converted high total returns (IVV) in IRA into low returns (BND) in Roth for which you paid higher margin ...
by itstoomuch
Thu Mar 08, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 3094

Re: To sell or not to sell

That is the question. I have in my holding a few individual stock winners in my personal account that I have not sold yet. These are about 50% of my total investment assets (not counting house). Knowing how you guys preach about "diversification", I wonder which course of action I should take with ...
by itstoomuch
Thu Mar 08, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Roth multi-year conversion plan: inputs requested
Replies: 25
Views: 2700

Re: Roth multi-year conversion plan: inputs requested

PS: the second condo:
If the condo is to be financed, retirees have special hurdles to jump over.
YMMV
by itstoomuch
Thu Mar 08, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Roth multi-year conversion plan: inputs requested
Replies: 25
Views: 2700

Re: Roth multi-year conversion plan: inputs requested

Questions: (1) Does the above plan make sense (in particular staying within the 24% bracket for conversion)? yes (2) In terms of implementation, I’m thinking of spreading out each 70K conversion over the year (to diversify the market price at which we’re making the conversion, same as dollar cost a...
by itstoomuch
Thu Mar 08, 2018 1:27 am
Forum: Investing - Help with Personal Investments
Topic: ROTH conversion-- in kind considerations
Replies: 5
Views: 683

Re: ROTH conversion-- in kind considerations

+1 @Alan S I find that in retirement, I use the Discretionary IRA, Roth (mostly converted), and Taxable accounts differently. I had thought that I would be most aggressive in the Roth, less so in the taxable, and most conservative in the IRA. But in reality, its the opposite; Most aggressive in the ...
by itstoomuch
Wed Mar 07, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Do I, will I, ever need a bond fund?
Replies: 31
Views: 4073

Re: Do I, will I, ever need a bond fund?

No bonds for us.
We substituted purchased annuities that mimicks a Tier1 PERS pension. And used Roths and taxables for rental units. Very little of our retirement is now exposed to either the stock or bond markets. I maintain small trading Discretionary accts and is < 10% of assets.
by itstoomuch
Wed Mar 07, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 7917

Re: Another "Should I self-insure" for LTC Question

Retirement income is $24,000/yr (no cost of living increase), and SS is $30,000 before taxes. RMD was $36,000 for 2018. the way that I envision our use of LTCi is too use it for part-time care initially (partial benefit) then full-time (maximum benefit) with the ultimate goal in using LTCi benefits...
by itstoomuch
Wed Mar 07, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Surprisingly (to me) my calculations in every case favor keeping the annuity, even if I assume 12% income tax and 0% LTCG at retirement. (The numbers shown are for 24% tax and 15% LTCG.) That's what I have determined with our GLWB annuities. I bought them as a way to buy a pension plan similar to a...
by itstoomuch
Wed Mar 07, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Thank you Dale_G for the correction. I too am looking for possible exits/alternatives in our GLWB VAs. Yes, 1035 retains the basis. We just did a 1031 and awaiting a small unspent remainder. OP may however get a stepup on the death benefit, if that option is chosen, which is what I was thinking abou...
by itstoomuch
Wed Mar 07, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

I am very surprised that the internal expenses in the VA are only 0.35%. That sounds like a rider expense, not the expense for the annuity itself which could run 1.25% by itself. Post the name and product if you want and it can be checked out. It is a Northwestern Mutual VA Account B for fee-based ...
by itstoomuch
Tue Mar 06, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investing For Income
Replies: 10
Views: 1528

Re: Investing For Income

In Spring 2008, I was looking at various scenarios. By Nov 2008, I was too late.

I normally don't give recommendations, But CASH is good until you figure it out.
GoodLuck :beer
by itstoomuch
Tue Mar 06, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: Bathroom Quote
Replies: 19
Views: 2352

Re: Bathroom Quote

I wanted a washlet bidet and be done.
Spouse wanted to do more and it cost $10,000, 10 years ago. :annoyed
(I did get the washlet)
by itstoomuch
Tue Mar 06, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

I believe 401(k)'s and IRAs are still worthwhile. If working and retirement marginal tax brackets are the same, you get the benefit of tax deferral. In my case, I am deferring tax in the 24% bracket, and expect to retire in the 12% bracket (or 15% if tax law reverts back). We were mostly in an effe...
by itstoomuch
Tue Mar 06, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Math is correct. With incomplete information and assuming that your tax on annuity gains is now marginal tax rate, ~12%. Take the allowable 10% withdrawal of account value and reinvest into the vehicle of choice. IIRC, the withdrawal is partially appreciation and basis. You would essentially divide...
by itstoomuch
Tue Mar 06, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Contrary to some pundits, One should avoid at all costs, placing taxable monies into any type of annuity. IMO, best practice, would put ONLY tax deferred monies into annuities. There are "exceptions", which is why I was asking the questions. FWIW, at our income level, current past/current/future mar...
by itstoomuch
Tue Mar 06, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Math is correct. With incomplete information and assuming that your tax on annuity gains is now marginal tax rate, ~12%. Take the allowable 10% withdrawal of account value and reinvest into the vehicle of choice. IIRC, the withdrawal is partially appreciation and basis. You would essentially divide ...
by itstoomuch
Tue Mar 06, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

So, how did you come to have $100,000 cash, taxable?
by itstoomuch
Tue Mar 06, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

"Almost, except that suit-man said only dummies pay down their mortgage when stocks earn more" Depends on that. We would need more information to make recommendations. We still have 12 years to go on our son's student loans. We are currently 68/71. I would never pay off that loan, because stocks and...
by itstoomuch
Tue Mar 06, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

Off hand, your returns of $200,000 from the initial $100,000 purchase since approx 2006, really isn't too bad. A return of +200% over 12 years is a compounded 7-8%.

I have no idea where to go from here.
yVAmv :sharebeer
by itstoomuch
Tue Mar 06, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

I assume, at the time 12 years ago 2006, you had excess funds, were in higher tax bracket, had maxed out 401k, tIRA, and saw no reason to pay down debt. ??
by itstoomuch
Tue Mar 06, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Tax adviser worth it?
Replies: 11
Views: 1213

Re: Tax adviser worth it?

Consult the brokerage firm that holds the company's contract. Consult your brokerage firm.
Our son's company has put on several seminars to holders of ISU, RSU, stock bonuses, etc.
See what your peers have done.
by itstoomuch
Tue Mar 06, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

When did you start the deferred VA and did you make regular contributions ?
by itstoomuch
Tue Mar 06, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

How did you come about having a deferred VA at such a young age?
by itstoomuch
Tue Mar 06, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Keep or get out of Variable annuity? Hairy math.
Replies: 35
Views: 2124

Re: Keep or get out of Variable annuity? Hairy math.

We assume that the VA is not an IRA? IOW, an IRA within a VA?
by itstoomuch
Tue Mar 06, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating and buying a house for retirement
Replies: 10
Views: 1272

Re: Relocating and buying a house for retirement

are you still working? You said, "properties"? I went to cash in our taxables and Roths in late 2016. We found a condo flat in August 2017, Seattle area. Those accounts was enough to put down a substantial down payment on the future retirement home, which is now being rented out. Our biggest hurdle ...
by itstoomuch
Tue Mar 06, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: What's that smell?
Replies: 41
Views: 6565

Re: What's that smell?

^ :sharebeer :moneybag
by itstoomuch
Tue Mar 06, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: What's that smell?
Replies: 41
Views: 6565

Re: What's that smell?

Not bad a bad smell.
Have you ever lived on a farm?
YNoseMV
by itstoomuch
Tue Mar 06, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Is this a housing bubble?
Replies: 71
Views: 9272

Re: Is this a housing bubble?

sunspotzsz wrote:
Tue Mar 06, 2018 1:17 pm
pointless to discuss one area on a general forum.

a lot of engineers easily make 300-400k a year and that's not typical anywhere else.
That may be on the very high end.
If our DS got that salary, I'd recommend that he change jobs for a position with stock options as compensation.
YMMV
by itstoomuch
Tue Mar 06, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Is this a housing bubble?
Replies: 71
Views: 9272

Re: Is this a housing bubble?

Seattle area (we closed Mar2, buy) :
Our RE says no. Huge down payments and way above 20%. Still a lot of cash purchases. Very good Loan-to-Income ratio.
YMMV
by itstoomuch
Tue Mar 06, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 7917

Re: Another "Should I self-insure" for LTC Question

What BH often fail to recognize, is once a BHer is into LTC, your retirement plan, your 4% SWR plan is gone. The statistics for entering LTC are high and consequently the failure of your plan will be also be high. :oops: Perhaps the direction question should be, "Can your retirement(s) survive LTC?"...
by itstoomuch
Tue Mar 06, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care: Excellent Morningstar article [75 Must-Know Statistics About Long-Term Care]
Replies: 23
Views: 2949

Re: Long Term Care: Excellent Morningstar article [75 Must-Know Statistics About Long-Term Care]

Indeed. That histogram exists, and it is not comforting at all. It's quite alarming. It's a perfect example of a situation in which an average is completely inappropriate can lead to bad decisions. Completely agree. A personal observation. My MIL has been in a nursing home (a pretty good one in my ...
by itstoomuch
Mon Mar 05, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: IPS – looking for details from Nisiprius, Livesoft and others
Replies: 39
Views: 4865

Re: IPS – looking for details from Nisiprius, Livesoft and others

Mine is pretty simple: "Protect core assets and control expenses so that FundingRatio>1.1 and reasonably into the future" "Avoid losing money in Discretionary Accounts. Losing may be short-term and can be a strategy for longterm appreciation" "Diversify assets to have multiple income streams, may o...