Search found 982 matches

by dwickenh
Thu Feb 22, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 81
Views: 3607

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

Found this: "Staying off the Obamacare Federal Subsidy Cliff" https://thefinancebuff.com/stay-under-obamacare-premium-subsidy-cliff.html Good info in this article, especially the 138% cut off in Medicare expanded states. This is the area of concern for me as I am getting premium and cost subsidies ...
by dwickenh
Wed Feb 21, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursement for COBRA considered taxable income?
Replies: 5
Views: 348

Re: Reimbursement for COBRA considered taxable income?

Depends on how the reimbursement is treated on your W-2 from previous performer. If it is reported as DD in box 12, it will not be taxable as it is pretax payment for medical premium. If it is shown as income only, you will have to claim as deduction with medical over 7.5% of income being deductibl...
by dwickenh
Wed Feb 21, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia: Seniors Get a New Simplified Tax Form for 2019
Replies: 13
Views: 841

Re: Investopedia: Seniors Get a New Simplified Tax Form for 2019

I have always wondered about forms like this. If you can fill in the few lines of this form, what stops you from just filling in the same lines on the long form? Less confusion with less lines..... There are some confused people out there. Bigger fonts and less clutter is nice for proofreading the ...
by dwickenh
Wed Feb 21, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rant about Savings Rate
Replies: 25
Views: 1807

Re: Rant about Savings Rate

Apology accepted. :sharebeer
by dwickenh
Wed Feb 21, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia: Seniors Get a New Simplified Tax Form for 2019
Replies: 13
Views: 841

Re: Investopedia: Seniors Get a New Simplified Tax Form for 2019

jebmke wrote:
Wed Feb 21, 2018 5:17 pm
I have always wondered about forms like this. If you can fill in the few lines of this form, what stops you from just filling in the same lines on the long form?
Less confusion with less lines..... There are some confused people out there.
by dwickenh
Wed Feb 21, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 81
Views: 3607

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

Welcome to the ACA subsidy cliff Sandtrap. You should be able to lower your income with IRA contribution as long as you have earned income.

Best of luck,

Dan
by dwickenh
Wed Feb 21, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 81
Views: 3607

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

Leesbro63 wrote:
Wed Feb 21, 2018 4:07 pm
So are you saying that if you have big interest and dividends, but no earned income, you are eligible for a big ACA premium subisdy?
No, all income counts towards MAGI including tax exempt interest from Municipals.
by dwickenh
Wed Feb 21, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursement for COBRA considered taxable income?
Replies: 5
Views: 348

Re: Reimbursement for COBRA considered taxable income?

Depends on how the reimbursement is treated on your W-2 from previous performer. If it is reported as DD in box 12, it will not be taxable as it is pretax payment for medical premium. If it is shown as income only, you will have to claim as deduction with medical over 7.5% of income being deductible...
by dwickenh
Mon Feb 19, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: What seems to matter
Replies: 21
Views: 2718

Re: What seems to matter

Angst wrote:
Mon Feb 19, 2018 6:48 pm
Great post Robert for putting both the current market and all markets in perspective. People would probably also enjoy Taylor's recent post linking to Jonathan Clements' latest blog entry at www.humbledollar.com titled "The Morning After".
'
+1
by dwickenh
Sat Feb 17, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 27
Views: 1856

Re: Suggestions for Reasonably Safe Funds

You can buy a highly rated bond at about 3% and see no price fluctuation if held to maturity and if you go shorter duration, your purchasing power won’t be eaten up as quickly. Some bonds in that range include a 10 year treasury, a 5 year corporate at Aa/AA or a 3 year corporate at an A rating. I d...
by dwickenh
Fri Feb 16, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2755

Re: The value of car body repairs/upkeep of older cars?

I have a 19 year old Honda in the midwest that has zero rust. YMMV. As far as repair, look at the quote cost, but personally I'd probably just skip cosmetic repairs and only try to halt the rust's progression and make sure there's nothing going on with rust underneath. Your car could easily run for...
by dwickenh
Thu Feb 15, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4277

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Uninsured motorist can include coverage for bodily injuries and a coverage for Property Damage for a car not carrying collision coverage. If you have vehicles with liability only, this coverage will protect you if you are hit by an uninsured motorist(or under insured) for vehicle damages.
by dwickenh
Thu Feb 15, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4277

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

jharkin wrote:
Thu Feb 15, 2018 5:31 pm
It’s important coverage, but $1300 just for the UIM part? Seems very expensive....
+1 it is important and +1 you are paying too much.
by dwickenh
Wed Feb 14, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 80
Views: 8943

Re: Can someone help me explain to my wife...?

Hello arcion, Let her know that the experts that have studied the markets for years can't time the market correctly. What makes her think she knows the top of the market better than they do? What makes her think she will know when to get back into the market. It is impossible to time the market with...
by dwickenh
Sun Feb 11, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting to execute on financial plans
Replies: 5
Views: 664

Re: Waiting to execute on financial plans

"I'm having serious mindfulness issues with my life and finances here. I need to stop constantly tweaking and projecting and do something else with my time 😥"

Your last sentence says it all. Take your own advice and enjoy life.

Best to you,

Dan
by dwickenh
Sun Feb 11, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4909

Re: I didn't tax-loss harvest this month, did you?

I harvested some bonds funds in December to offset about 1500 in income. I have not harvested any stock funds as all have considerable capital gains at this time. I can't reset the cost due to ACA eligibility even though I would not pay any tax on the gains.
by dwickenh
Sun Feb 11, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2755

Re: The value of car body repairs/upkeep of older cars?

Rust repair is a different animal than collision repair work. In the process of repairing rust, the metal around the rust area is thinned by the grinding of the rust area. This causes additional rust in the same general area after all the expense of painting the original rust repairs. Metal replacem...
by dwickenh
Sat Feb 10, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Flat tire replacement
Replies: 26
Views: 1279

Re: Flat tire replacement

onourway wrote:
Sat Feb 10, 2018 12:39 pm
What kind of car? Some AWD vehicles will be very sensitive to not having equal tread depths all around. You can either buy 4 new tires or buy from a place like Tire Rack where they can shave the tire to a tread depth to match the others.
+1
by dwickenh
Thu Feb 08, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15786

Re: free dinner investing seminar

Don't go if you have any problems saying no, because "no" is almost always the right answer at one of these dinners. Dan Clarification Dan. "No" is always the right answer at one of these. To sign up with anything else in mind is a dangerous, slippery slope. If a person feels any different, they sh...
by dwickenh
Wed Feb 07, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15786

Re: free dinner investing seminar

I went to one of the free dinners with another friend who had already committed some money to the broker. They talked about "guaranteed" returns and had a few current customers sprinkled among the crowd for testimonials. I had no problem eating the filet tips and baked potato. I then declined a port...
by dwickenh
Tue Feb 06, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7145

Re: Stay the course?

maria00200 wrote:
Tue Feb 06, 2018 6:39 am
Thanks. I’m not even going to check my balance then. Don’t wanna know. :shock:
Smartest statement of the day!

+1
by dwickenh
Mon Feb 05, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: changing from a Vanguard mutual fund account to a Vanguard brokerage account
Replies: 16
Views: 1212

Re: changing from a Vanguard mutual fund account to a Vanguard brokerage account

My hubby changed in January - I was able to see all his accounts under the 'household' view of my account before but after the change could only see his Roth IRA not his other two IRA's. When I called they said I had to become an 'agent' on his account - big pain have to have his signature notarize...
by dwickenh
Mon Feb 05, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance after today's drop?
Replies: 32
Views: 4366

Re: Rebalance after today's drop?

stlutz wrote:
Mon Feb 05, 2018 9:11 pm
Basically everything is just slightly below where it was on Jan. 1st. If you drew a straight line from then to today would you be asking if you should "do something"?
+1
by dwickenh
Sun Feb 04, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help on a large portfolio
Replies: 14
Views: 1180

Re: Help on a large portfolio

livesoft wrote:
Sun Feb 04, 2018 7:45 pm
ilan1h wrote:
Sun Feb 04, 2018 7:38 pm
Why so bearish on VNQ? It has done very well for me over the last 8 years.
Seriously? The 5-year chart is worse than a 60/40 fund.
"The performance data shown represent past performance, which is not a guarantee of future results."
by dwickenh
Sun Feb 04, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: 2 yrs to retirement - asset allocation?
Replies: 19
Views: 2208

Re: 2 yrs to retirement - asset allocation?

Here is the page on the WIKI that addresses funds from Schwab. Look for low cost index funds and invest based on 50% stocks and 50% short term or intermediate term bond funds. You could also look for a Money market fund for part of the fixed income side of the 50% https://www.bogleheads.org/wiki/Cha...
by dwickenh
Wed Jan 31, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: How Jack Bogle changed his life (mine too)
Replies: 8
Views: 1571

Re: How Jack Bogle changed his life (mine too)

Thanks for posting, I never tire of reading about Mr. Bogle and his wisdom.

Dan
by dwickenh
Wed Jan 31, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Income Producing Fund
Replies: 16
Views: 1815

Re: Vanguard Income Producing Fund

I'm working on my taxes for 2017 and for the tax year I'm able to setup an IRA for my wife (who's retired) and claim the full deduction on my taxes thereby increasing my refund. I'm looking at a low cost Vanguard ETF that would produce some income yet would have lower risk volatility. Here are the ...
by dwickenh
Tue Jan 30, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: 2 Basic Questions from a newbie
Replies: 13
Views: 1103

Re: 2 Basic Questions from a newbie

Welcome newcomer21, 1. Reread the section in the Wiki on emergency funds. This is the first step while getting the match on your 401K. This EF(emergency fund) keeps you from having to raid your 401K for the emergencies that come up in life. A new car is not an emergency by the way. If you want a new...
by dwickenh
Tue Jan 30, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting Annuity vs. Lump Sum decision
Replies: 10
Views: 664

Re: Revisiting Annuity vs. Lump Sum decision

I get 2271.00 per month from ImmediateAnnuity.com for 571,000 as 100% joint at age 59/56 so your 2614 per month sounds much better. ... The insurance company has to pay its expenses and make a profit. The employer plan should give you a better price than an insurance company. The purpose of an annu...
by dwickenh
Tue Jan 30, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting Annuity vs. Lump Sum decision
Replies: 10
Views: 664

Re: Revisiting Annuity vs. Lump Sum decision

I get 2271.00 per month from ImmediateAnnuity.com for 571,000 as 100% joint at age 59/56 so your 2614 per month sounds much better. You did not include if there was a cost of living adjustment to your benefit.

https://www.immediateannuities.com/info ... tep-1.html
by dwickenh
Sun Jan 28, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: opened up vanguard roth ira, need help
Replies: 9
Views: 345

Re: opened up vanguard roth ira, need help

I think you answered your own question with a good choice for just starting out. Once you set up for continued weekly investments, stay here and learn all that you can. im not seeing where weekly investments is an option. I'm sure its there. Will it automatically invest in to a fund or do i have to...
by dwickenh
Sun Jan 28, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: opened up vanguard roth ira, need help
Replies: 9
Views: 345

Re: opened up vanguard roth ira, need help

Hi, im 33 and just opened up a roth ira with vanguard. I transferred 2,000 to it and i want to set it up to do reoccurring weekly payments. Im not sure how to do, but i'm sure i can figure it out. The real reason im here is because im not sure what to invest in. Im sure it has been answered a milli...
by dwickenh
Sun Jan 28, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: 2 yrs to retirement - asset allocation?
Replies: 19
Views: 2208

Re: 2 yrs to retirement - asset allocation?

Now is the right/best time to think about a possible change in your asset allocation to protect a large nest egg. You need to supply the additional information per Watty's post. Stay on this until you get the answers you need to feel secure in your asset allocation and future. Glad you are asking an...
by dwickenh
Sun Jan 28, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking input on asset allocation strategy from 100% equities
Replies: 2
Views: 240

Re: Seeking input on asset allocation strategy from 100% equities

There are no cap gains to worry about in the 401K/IRA accounts so make the fixed income adjustment in those accounts. 75/25 to 60/40 would be reasonable for your age and years to retirement. It will take too long if you adjust by new money only. Short term/intermediate term bonds or a stable value f...
by dwickenh
Sat Jan 27, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2329

Re: What to do with large stock holding in taxable account

The answer depends on his current income without the capital gains, his need to eliminate the single stock risk(Enron), and the need for additional income. I would diversify from the single stock as soon as possible(but without taking the largest tax hit). I would try to spread the cap gains over a ...
by dwickenh
Thu Jan 25, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11885

Re: Kitces article: A cash bucket in retirement? Nope

Posts on cash always seem to bring out the "big hitters" in the forum for endless discussion of the "buckets" and why it is almost less than manly(or womanly) to hold cash in a savings account or checking account. There is no point to my post, I am just amazed at the strong opinions about cash.
by dwickenh
Thu Jan 25, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Location Sanity Check
Replies: 8
Views: 484

Re: Asset Location Sanity Check

I would try to not have VSIAX in taxable because its QDI percentage is only about 75%. I would try to have funds in taxable that had QDI percentage above 95%. Although Total International is about 72% at least you get the foreign tax credit for your trouble. But you could split Total International ...
by dwickenh
Thu Jan 25, 2018 8:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4108

Re: Happy Birthday, Taylor!

Happy Birthday Taylor and thanks for helping to make me the investor I am today.

Best to you,

Dan
by dwickenh
Sun Jan 21, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 53
Views: 2223

Re: Question with vanguard allocation

Hello, You are way ahead of many people your age just by having no payments on the house and car. Here is something to help you decide on an asset allocation based on possible losses at each allocation. https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations Study this...
by dwickenh
Sat Jan 20, 2018 11:29 pm
Forum: Investing - Theory, News & General
Topic: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"
Replies: 19
Views: 3177

Re: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"

My problem with this article is it doesn't differentiate between active and passive strategies--it just says "mutual funds". I mean, Vanguard's TSM is a mutual fund. And, because it should closely mirror the performance of the market every year, while most funds will lag due to expenses, I'd expect...
by dwickenh
Fri Jan 19, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 2214

Re: High Dividend Stocks as bond substitute?

Stocks pay dividends and Bonds pay interest. In case of bankruptcy, bonds are first in line(as long as the government allows) and stockholders are near the last. Don't confuse the two as interchangeable because they don't perform the same function in an Asset Allocation. If you want safety, go with ...
by dwickenh
Thu Jan 18, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Couple questions for taxable account
Replies: 14
Views: 1215

Re: Couple questions for taxable account

Vanguard Growth Index Admiral VIGAX Vanguard International Growth Inv VWIGX The first is a growth index fund with 11% turnover, .06 expense ratio, and a 1.14% yield per Morningstar The second is an active growth fund with 15% turnover, .45 expense ratio, and a .84 trailing 12 month yield. I think th...
by dwickenh
Thu Jan 18, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA asset allocation
Replies: 6
Views: 455

Re: Roth IRA asset allocation

Anywhere from 100/0 to 70/30 would likely be okay, and with a relatively small sum of money it isn't the most the decision that will cause the most impact. You have to look at your own tolerance for the risk that comes with stocks though, would you be willing to see the stock portion of the account...
by dwickenh
Thu Jan 18, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions
Replies: 25
Views: 1599

Re: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions

At the company I worked for, in non-hail areas we used to see the average HO policy having one loss every 9 years. However, these claims were not distributed evenly. Some people don't have any losses period ever. Others have them more frequently. So, an easy way to help your loss ratio was to elimi...
by dwickenh
Thu Jan 18, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Questions re:home insurace
Replies: 16
Views: 1124

Re: Questions re:home insurace

I had to make the same choice as I quoted with Geico also. I continued my search until I found a company that would bundle both and save money over Geico Auto and separate homeowners. Do a little more research and obtain more quotes, I think it will pay off in the long run. Best of luck to you, Dan
by dwickenh
Thu Jan 18, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 4940

Re: 10 years expenses in FI

I use an asset allocation per my IPS that takes into account my ability/need to take risk. I like to think about my portfolio reduction in a bear market in percentages instead of years. This may be a good way to eliminate a dollar amount of portfolio loss to a # of years in safe assets. If that give...
by dwickenh
Wed Jan 17, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Questions re:home insurace
Replies: 16
Views: 1124

Re: Questions re:home insurace

Hello Bogleheads - I am shopping for home insurance after realizing I was not adequately protected. :oops: Here are the questions I am asking when shopping for quotes. Are there any other items that I should include when discussing quotes. Thanks for your feedback in advance. I am in NJ away from c...
by dwickenh
Tue Jan 16, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: “Future US Equity Returns: A Best-Case Upper Limit”
Replies: 20
Views: 1741

Re: “Future US Equity Returns: A Best-Case Upper Limit”

Interesting article on future returns in equities seems to give credence to Jack's(and other's) take on future returns. What? How do you see that? One is saying 4% nominal and one is saying 4% real. Those aren't even in the same ballpark and this post disagrees strongly Bogle's take; it doesn't giv...
by dwickenh
Tue Jan 16, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: “Future US Equity Returns: A Best-Case Upper Limit”
Replies: 20
Views: 1741

Re: “Future US Equity Returns: A Best-Case Upper Limit”

Interesting article on future returns in equities seems to give credence to Jack's(and other's) take on future returns.

Thanks for posting.
by dwickenh
Tue Jan 16, 2018 7:50 am
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6667

Re: Hot Water Delay at faucet/shower far from water heater

Glad to see/find this thread. I thought I was the only one that had to wait minutes for hot water. I will put up with it because I hate to spend the money for the proposed fixes in this thread, but I feel better knowing I am not alone :shock: