Search found 2611 matches

by tomd37
Fri Nov 17, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 25
Views: 1274

Re: Vanguard Personal Advisor Services/Portfolio Review

Rivercity - Regarding the inherited stock and the possible capital gain tax if sold....isn't the value of that stock revalued as of the date of death of the previous owner last year? Even if sold in one year or less I believe it would be considered a long-term capital gain thus possibly reducing the...
by tomd37
Fri Nov 17, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard adding do-it-yourself QCD screen to website
Replies: 1
Views: 452

Re: Vanguard adding do-it-yourself QCD screen to website

I am very interested in this subject of QCDs and will keep an eye out for their information. Would appreciate someone posting here when and if they see it.
by tomd37
Thu Nov 16, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7033

Re: Has used furniture dropped in value dramatically?

As a member of the generation after "The Greatest Generation" I think we are referred to as "The Silent Generation" at age 81. I think many of us might have safety concerns when listing "stuff" for sale somewhere and having people come to and into our homes to view and possibly purchase items. Is th...
by tomd37
Tue Nov 14, 2017 3:44 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 430

Re: How to Follow a Post

The box next to my "post reply" button on my screen is blank but when I click on that blank box it brings up what we are looking for. Thanks for all the help.
by tomd37
Tue Nov 14, 2017 2:37 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 430

Re: How to Follow a Post

Da5id, Where is the little wrench dropdown menu? It is not anywhere on my screen. It seems to me that there was a place at the bottom of a post, as late as yesterday, where you could subscribe or unsubscribe but it is not there today. Before you reply please look at your screens and see if everythin...
by tomd37
Tue Nov 14, 2017 1:22 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 430

How to Follow a Post

I don't see a way to follow a particular post. Is there a way and is it working today?
by tomd37
Thu Nov 09, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: How old are you and what size is your portfolio?
Replies: 33
Views: 4106

Re: How old are you and what size is your portfolio?

I'd like to see the moderators lock this as I see it as not serving any beneficial purpose :annoyed
by tomd37
Wed Nov 08, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: RMDs – Best time to take during the year?
Replies: 12
Views: 1455

Re: RMDs – Best time to take during the year?

I have been doing as Sport mentioned, taking my first RMD as a QCD in September and then taking the remaining balance of the RMD in October or November. I calculate what percentage of that remaining RMD is needed to be withheld for federal tax purposes so that my total federal tax withheld from all ...
by tomd37
Mon Nov 06, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: The power of cancellation
Replies: 15
Views: 2586

Re: The power of cancellation

While not on the specific subject of Sirius XM subscriptions, I have a number of magazine subscriptions for which I maintain a simple spread sheet with name of magazine, subscription length and dates, amount and date paid, method of payment, and contact telephone number (800 #). I never reply to the...
by tomd37
Sun Nov 05, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Contribution from IRA
Replies: 3
Views: 234

Re: Charitable Contribution from IRA

If you are 70.5 or older on the day of the QCD from your traditional IRA you can claim that QCD amount as a reduction to your income on line 15 of Form 1040. The total amount of your distribution from your IRA will be reflected on your Form 1099-R and it is up to you to report the distribution corre...
by tomd37
Tue Oct 31, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Report; best method
Replies: 17
Views: 744

Re: Credit Report; best method

Yes I do alternate recipients of the report every two months.
by tomd37
Tue Oct 31, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Report; best method
Replies: 17
Views: 744

Re: Credit Report; best method

Learning Head - Our two reports contain the same reported information when compared with each other.
by tomd37
Tue Oct 31, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Credit Report; best method
Replies: 17
Views: 744

Re: Credit Report; best method

As a married couple I submit a request for a credit report every two months to the three major reporting firms; the first six months I request a report under my name and SSN and then the next six months I request a report under my spouse's name and SSN. That way we have an updated report every two m...
by tomd37
Sun Oct 29, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Projecting Tax Liability - Assistance Required
Replies: 26
Views: 1444

Re: Projecting Tax Liability - Assistance Required

Depending on your state situation you might also have a deduction for "personal property tax" paid. For example, I used to live in NC where we had an annual personal property tax levied on the current value of our automobile as determined by the state. Each year that amount would reduce as the autom...
by tomd37
Thu Oct 26, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill
Replies: 16
Views: 1292

Re: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill

That's a very large area you are talking about and you really need to narrow it down to obtain some decent responses. My guess is that you need to concentrate on the Raleigh area and it closely surrounding towns. Chapel Hill and Durham are about 23 miles distant.
by tomd37
Sun Oct 22, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 3882

Re: Revised Version The Little Book of Common Sense...

Book was delivered this morning (Sunday) via USPS.
by tomd37
Thu Oct 19, 2017 9:08 am
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 3882

Re: Revised Version The Little Book of Common Sense...

Just received email update from Amazon yesterday. Estimated delivery date is now October 25th.
by tomd37
Wed Oct 18, 2017 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2512

Re: Credit scores fell this month a lot for no reason

I can see how a zero utilization rate is possible on credit cards. The amount of your monthly bill when issued is what is reported on credit reports. You can arrange to pay that amount on the same day as your bill is issued and you could then have a zero balance and utilization rate. I charge virtua...
by tomd37
Mon Oct 16, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 3882

Revised Version The Little Book of Common Sense...

According to an email just received from Amazon the release of the revised version of The Little Book of Common Sense Investing..... is delayed another month.
by tomd37
Fri Oct 13, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Outback Vs Forester Vs CR-V ??
Replies: 58
Views: 5215

Re: Outback Vs Forester Vs CR-V ??

Concerning the two Subaru models, Planet Subaru in Hanover, MA has a great online comparison of the two 2018 models with many details and comments. I went to Google and entered 2018 Subaru Forester vs. Outback. I am considering both but then happened to hear about the new 2018 Buick Regal TourX whic...
by tomd37
Thu Oct 12, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Deducting State Sales Taxes
Replies: 11
Views: 4191

Re: Deducting State Sales Taxes

Scoobydo, I realize your post was made back in 2008, but it is referenced in a current post on deduction of state and local sales tax. The original post made mention of claiming tax paid on airline tickets. That is an excise tax and cannot be claimed as a state and local sales tax for deduction on S...
by tomd37
Thu Oct 12, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Standard Sales Tax Deduction is Miserly -- here's my way
Replies: 27
Views: 3841

Re: Standard Sales Tax Deduction is Miserly -- here's my way

The 2016 version of IRS Pub 17 (2017 version not yet released), pages 152-153 discusses state and local general sales taxes deductions. Included therein is a definition of motor vehicles. My interpretation of that section and the list therein indicates a motor vehicle is something that actually has ...
by tomd37
Wed Oct 11, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Sales Tax Deduction is Miserly -- here's my way
Replies: 27
Views: 3841

Re: Standard Sales Tax Deduction is Miserly -- here's my way

When I checked with my state department of revenue I was told unless there was such a statement in your contract, you could not claim the sales tax paid by the contractor. I follow this guideline when doing when doing volunteer tax preparation services unless the contract states such as previously c...
by tomd37
Tue Oct 10, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Sales Tax Deduction is Miserly -- here's my way
Replies: 27
Views: 3841

Re: Standard Sales Tax Deduction is Miserly -- here's my way

Just a reminder on sales tax deduction. It is my understanding that on a remodeling/renovation job you can take the sales tax deduction for the material purchased only if you purchased the items yourself. You cannot do so if the contractor bought the material and then invoiced you. In that case he p...
by tomd37
Sat Oct 07, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7696

Re: Do you want your receipt?

I live in a state where I can, under current federal tax law, deduct state and local sales tax on Schedule A in those years I choose to itemize deductions on my federal tax return. We purchased a new car in 2018 so that alone will add $2,700+ to my other state sales tax paid total. I charge virtuall...
by tomd37
Mon Oct 02, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6328

Re: Are credit cards rewards worth it?

I have seen numerous references in the past year to a sign-on bonus for getting new credit cards and it appears a number of people do this to get that additional free money. But I question the impact of such activity on their credit scores. Those credit scores impact many other ongoing life situatio...
by tomd37
Mon Oct 02, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6328

Re: Are credit cards rewards worth it?

I sometimes question some of the responses I read about cash rebate cards. If one receives an annual cash rebate of $2,500 using a 2% cash-back card that means charging $125,000 annually that card. Under what conditions would a person make personal charges of $125,000 to a credit card to obtain such...
by tomd37
Thu Sep 21, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 45
Views: 5861

Re: 2018 Subaru Outback

Friar1610, Contacted Buick online this evening and the 2018 Buick Regal TourX should starting hitting the showrooms in 4th quarter 2017. I saw your reference to it in another post, looked at it then, and then forgot about it. Looked at it again based on this post and really like the looks of it. I s...
by tomd37
Wed Sep 20, 2017 8:02 am
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 45
Views: 5861

Re: 2018 Subaru Outback

TxAg - Can the automatic headlight function be turned off to stop the problem to which you refer? I know it can be turned off on some vehicles.
by tomd37
Fri Sep 15, 2017 6:28 pm
Forum: Personal Consumer Issues
Topic: 2017-18 Outback MPG
Replies: 19
Views: 1153

Re: 2017-18 Outback MPG

I was just researching the 2018 Subaru Outback vs. Forester online a couple of hours ago. I had read a recent article about the best vehicles for seniors (I am 80) and very interested in returning to a station wagon vs. a SUV. The Forester and Outback rate #1 and #2 on the Consumer Reports list. I m...
by tomd37
Thu Sep 07, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Married, owning two homes, file as HOH?
Replies: 43
Views: 2378

Re: Married, owning two homes, file as HOH?

OP Doc - You really need to take a look at the "Special Rules" for MFS filing status shown on page 22 of IRS Pub 17. I can think of nothing worse than getting into trouble with the IRS as a result of a self-inflicted digital exam! :thumbsup This is a "proper" site and does not contain other more des...
by tomd37
Thu Sep 07, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Married, owning two homes, file as HOH?
Replies: 43
Views: 2378

Re: Married, owning two homes, file as HOH?

It is my understanding that as a married couple living together your only filing status choices are married filing jointly (MFJ) and married filing separately (MFS). I think if you look at pages 20 - 24 of IRS Publication 17 you will see that you do not qualify for MFS filing status and probably wou...
by tomd37
Sun Sep 03, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard - How to combine spouse accounts
Replies: 28
Views: 3041

Re: Vanguard - How to combine spouse accounts

The OP (Frisbee) needs to be more specific in his/her post as to what specific types of accounts are being discussed. As mentioned by others, IRAs are just what they are, individual retirement accounts, and as such are not and cannot be jointly owned. In our family we each own a traditional IRA, I o...
by tomd37
Wed Aug 30, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: Bogle's Book
Replies: 13
Views: 1809

Re: Bogle's Book

Thank you for the pre-order site. :moneybag
by tomd37
Wed Aug 30, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Bogle's Book
Replies: 13
Views: 1809

Bogle's Book

Cannot find any reference but did I read somewhere on one of these forums that Mr. Bogle's book "The Little Book of Common Sense Investing..." is undergoing a revision? If so does anyone have any idea as to when it will be available on the market? I do have the original and revised 10th anniversary ...
by tomd37
Wed Aug 30, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from Vanguard
Replies: 38
Views: 2502

Re: QCDs from Vanguard

Minot - In the Vanguard system can you set up check writing authority from a specific traditional IRA account (e.g. Total Stock Market Index fund) or must the check writing authority be set up on a money market account and have a dollar amount transfer made to that account before desiring to write Q...
by tomd37
Tue Aug 29, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: QCDs from Vanguard
Replies: 38
Views: 2502

Re: QCDs from Vanguard

Good point Puck! That fact is often overlooked.
by tomd37
Mon Aug 28, 2017 9:39 am
Forum: Forum Issues and Administration
Topic: Delete All Board Cookies
Replies: 3
Views: 868

Delete All Board Cookies

I am not "computer literate" (in fact just the opposite) so I ask the question what does the icon at the bottom of the page "delete all board cookies" mean? What happens if I click on it or if I do not click on it? :?
by tomd37
Sat Aug 26, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2184

Re: IRS CP2000 Tax Bill Letter - Please Help

After reading the original post and associated comments thereafter, I've arrived at the conclusion that if one does not know where they are going (especially with tax related items) they are best not going there on their own without some idea of the consequences they might face. :oops:
by tomd37
Sat Aug 26, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Windows 10 WIFI keeps randomly disconnecting - help!
Replies: 17
Views: 1577

Re: Windows 10 WIFI keeps randomly disconnecting - help!

I "rent" my modem from Comcast. :moneybag I had one more than six years old and it began to disconnect eight to ten times a day. Took it back to Comcast and exchanged for a new one last month. No problems whatsoever since. :D Am running Windows 7 on desktop and laptop.
by tomd37
Sat Aug 26, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Insurance Increase
Replies: 13
Views: 1390

Re: USAA Auto Insurance Increase

My United Services Automobile Association semi-annual auto renewal policy just came yesterday and the price did not increase. Have been with USAA for all insurances since 1961 and had excellent claim payments for the two no-fault accidents in those 57 years. :D
by tomd37
Fri Aug 25, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Older Couple?
Replies: 6
Views: 899

Re: Roth Conversion for Older Couple?

Rudy - As indicated in the OP the taxable investment account represents only ~4% of total investments and it is in VG High Dividend Yield Index. My bond investments are in the tax-deferred traditional IRA account and represent ~60% of total investments.
by tomd37
Thu Aug 24, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Older Couple?
Replies: 6
Views: 899

Roth Conversion for Older Couple?

Older couple in excellent health and in early 80s with RMD in excess of budget needs. 40/60 stock/bond asset allocation in Vanguard Total Stock Market Index fund (VTSAX) and Vanguard Intermediate-Term Bond Index fund (VBILX). Also hold small taxable account in Vanguard High Dividend Yield Index fund...
by tomd37
Thu Aug 24, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Exhaust Fan for the bathroom
Replies: 59
Views: 4695

Re: Exhaust Fan for the bathroom

mrc & Rupert I agree permit is not required, but I know when I replaced the combination light/fan in two upstairs bathrooms five years ago as part of a major renovation, the contractor said the new installation would have to be in accordance with the newer codes and they would have to be vented dire...
by tomd37
Thu Aug 24, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: Exhaust Fan for the bathroom
Replies: 59
Views: 4695

Re: Exhaust Fan for the bathroom

When it comes time for replacement, do building codes come into play? Local codes could have changed since the original installation and I think new codes, if any, would have to be followed. Anyone familiar with such requirement? Surely an electrician installing a new fan would be.
by tomd37
Tue Aug 22, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU New Certificate Offering
Replies: 9
Views: 2757

Re: Navy Federal CU New Certificate Offering

Thanks - This subject has been the subject of a couple of other posts since the offering was announced at the end of July. :moneybag
by tomd37
Tue Aug 22, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefit
Replies: 8
Views: 1037

Re: Widow's Social Security Benefit

Her benefit is 44% of my benefit.
by tomd37
Tue Aug 22, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefit
Replies: 8
Views: 1037

Widow's Social Security Benefit

If I remember correctly we used to have a very knowledgeable person on this site who had a good understanding of social security (SS) benefits. Until recently I thought I had a clear understanding of what my wife's SS benefit would be if I were to pass before her. She is 82 and I am 80. She started ...
by tomd37
Mon Aug 21, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should my grandfather liquidate?
Replies: 22
Views: 1826

Re: Should my grandfather liquidate?

If the OP does not understand capital gain tax now he should not be advising anyone about a possible sale containing such versus waiting. :(
by tomd37
Fri Aug 18, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: RMD taxation taken in December
Replies: 12
Views: 1226

Re: RMD taxation taken in December

Taylor - When you take your RMDs does the Vanguard system ask you the amount you want withheld or does it ask you the percentage you want withheld? I seem to remember it asks the percentage, but I may be incorrect. Regards,