Search found 183 matches

by fmhealth
Sat May 11, 2019 9:53 pm
Forum: Personal Investments
Topic: CPA advice--does this make sense??
Replies: 33
Views: 5085

Re: CPA advice--does this make sense??

Thanks go out to everyone for their thoughtful,rapier-like and sage insights. Much appreciated! At this point I would rather not get into specifics as my strategy is one that I'm comfortable with but would not lend itself for discussion on this venue. As a matter of fact in runs contrary to many Bog...
by fmhealth
Sat May 11, 2019 3:29 pm
Forum: Personal Investments
Topic: CPA advice--does this make sense??
Replies: 33
Views: 5085

CPA advice--does this make sense??

I'll get right to the point. I will be in the highest tax bracket again this year. My CPA says don't concern myself about the taxes just generate the greatest income possible & simply pay the taxes. Retired with no way to shelter much if any income & somewhat comfortable paying taxes & increased MC ...
by fmhealth
Sun Apr 14, 2019 11:16 am
Forum: Personal Investments
Topic: Probate clarification please
Replies: 8
Views: 721

Re: Probate clarification please

Thanks everyone for your incisive & rapier-like responses. Exactly the information I was searching for. You folks are the best!!

Be Well,
fmhealth
by fmhealth
Sat Apr 13, 2019 9:52 pm
Forum: Personal Investments
Topic: Probate clarification please
Replies: 8
Views: 721

Re: Probate clarification please

Arizona. One of the few community property states in the nation.

Thanks for your reply.
by fmhealth
Sat Apr 13, 2019 4:32 pm
Forum: Personal Investments
Topic: Probate clarification please
Replies: 8
Views: 721

Probate clarification please

I've been led to believe that R/E passes without probate in community property states as long as the mortgage is titled correctly. Examples would be tenancy in common or joint tenancy with right of survivorship. Is this correct?

Thanks so much for any sage insights.

Be Well,
fmhealth
by fmhealth
Thu Jan 31, 2019 9:44 pm
Forum: Personal Investments
Topic: Is my CPA correct about Estimated Payment??
Replies: 4
Views: 823

Is my CPA correct about Estimated Payment??

In the first month of '19 I had exceptionally large STCGs. My CPA said that I did NOT have to exceed my usual ET first qtr. payment. I thought that you pay as you go & it was necessary to increase my first qtr. ET to reflect this unusual gain. Anyone care to weigh-in on this conundrum? Be Well, fmhe...
by fmhealth
Sun Jan 27, 2019 4:40 pm
Forum: Personal Investments
Topic: SS & passive income over age 73
Replies: 11
Views: 908

Re: SS & passive income over age 73

Thanks so much everyone for your rapier-like responses. Yes, that was my question that was completely & thoroughly answered.

Be Well,
fmhealth
by fmhealth
Sun Jan 27, 2019 2:48 pm
Forum: Personal Investments
Topic: SS & passive income over age 73
Replies: 11
Views: 908

SS & passive income over age 73

Hi fellow BHs. A straight forward question. Will a reduction in my SS payments be in store for me if my CGs are exceptionally high this year. I'm expecting Medicare to triple to in excess of $400. Thanks so much for your thoughts.

Be Well,
fmhealth
by fmhealth
Thu Jan 10, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Too many credit cards?
Replies: 54
Views: 3475

Re: Too many credit cards?

I'm going to take a different approach here. With your income you could easily do some "manufactured spending" & generate a quick $3,000 in awards. That's real money!! I just finished another round using this strategy. It easy to implement & relatively simple to track. If you're interested, try Redd...
by fmhealth
Sat Jan 05, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 271
Views: 24982

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Excellent strategies already commented upon up thread. Here are two others that may merit some consideration on your part. 1- Your parents are very generous people, as illustrated by their gift to you. How about discussing the depth of your financial problems & asking for a $40,000 loan? Work out an...
by fmhealth
Tue Dec 25, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Mix
Replies: 41
Views: 9587

Re: Credit Card Mix

Just finished doing some "manufactured spending" for an upcoming cruise. Credit score took a temporary hit of 50 points. Total cash back will approximate $3,000. Good use of my credit score.

Be Well,
fmhealth
by fmhealth
Fri Dec 21, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: What to do with strange USPS Priority Mail
Replies: 14
Views: 2103

Re: What to do with strange USPS Priority Mail

As mentioned in an above response, this is a quite common o/l scam. It's so common it now has a name. It's called "Brushing". You may want to do a Google search for greater details.

Be Well,
fmhealth
by fmhealth
Sun Dec 16, 2018 6:27 pm
Forum: Personal Investments
Topic: Take losses even if you don't need them this year?
Replies: 5
Views: 639

Re: Take losses even if you don't need them this year?

Thanks so much everyone for your rapid replies. Much appreciated!! I will reallocate these funds back into equities immediately. I have my target list almost completed.

Be Well,
fmhealth
by fmhealth
Sun Dec 16, 2018 5:16 pm
Forum: Personal Investments
Topic: Take losses even if you don't need them this year?
Replies: 5
Views: 639

Take losses even if you don't need them this year?

Wrapping up my trading this week for '18 I'm showing significant losses. I've already finished my TLH. Should I still take these losses now as they might not be available next year? Thanks so much for any actionable insights.

Be Well,
fmhealth
by fmhealth
Sun Dec 16, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Barclaycard Arrival Plus™ World Elite Mastercard®
Replies: 40
Views: 3428

Re: Barclaycard Arrival Plus™ World Elite Mastercard®

Cat, if that response was directed towards me, I'm sorry, I don't know the answer. I'm simply building my points to 100,00 in order to payoff part of a family cruise we have scheduled for March. I've never redeemed any points at this points in time.

Be Well,
fmhealth
by fmhealth
Sat Dec 15, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Barclaycard Arrival Plus™ World Elite Mastercard®
Replies: 40
Views: 3428

Re: Barclaycard Arrival Plus™ World Elite Mastercard®

On the positive side they are very liberal with the sign-up bonuses. Case in point is that six weeks ago I signed on for the 60,000 point bonus. They recently came out with a 70,000 bonus. I called & they gave me the extra 10,000 points. I enjoy this customer-centric approach. I'll be sticking with ...
by fmhealth
Wed Nov 28, 2018 5:01 pm
Forum: Personal Investments
Topic: Marijuana [Stock]
Replies: 51
Views: 5656

Re: Marijuana

You may want to do some DD on GWPH. It's a real company with actual profits based upon credible clinical studies. If I was interested in this field, which I'm not, this company would be very intriguing. In any event best of luck!

Be Well,
fmhealth
by fmhealth
Wed Nov 14, 2018 3:39 pm
Forum: Personal Investments
Topic: LTG & LTL does this strategy make sense?
Replies: 2
Views: 332

Re: LTG & LTL does this strategy make sense?

Thanks so much Mr.G. That's a very interesting perspective. Never quite thought of this transaction in those terms.

Be Well,
fmhealth
by fmhealth
Tue Nov 13, 2018 5:51 pm
Forum: Personal Investments
Topic: LTG & LTL does this strategy make sense?
Replies: 2
Views: 332

LTG & LTL does this strategy make sense?

Here's the backstory. I have about $150,000 in unrealized LTCG & an even greater amount of LTCL. My plan is to sell all of the preceeding positions with the goal of absorbing my gains with the losses. I would immediately repurchase my winners which I'd like to keep in my porfolio & realize a tax-fre...
by fmhealth
Sat Nov 10, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Medicare part D- Wellcare
Replies: 10
Views: 707

Re: Medicare part D- Wellcare

Just a thought you may want to consider. Although I have a Plan-D for the one Rx I take, I never use the plan. Costco is significantly less expensive, to the tune of around 50% less!! Simply a workaround for cost savings on your overall prescription $$'s. Hope this helps a bit.


Be Well,
fmhealth
by fmhealth
Sun Sep 09, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Put Options
Replies: 41
Views: 3281

Re: Put Options

You may want to consider a S/L somewhere in the $50.00 range. This would protect you & offer some degree of cushion if AMZN moves significantly higher. Capital preservation & all that.

Be Well,
fmhealth
by fmhealth
Sun Sep 09, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Put Options
Replies: 41
Views: 3281

Re: Put Options

What is your exit strategy?

Be Well,
fmhealth
by fmhealth
Mon Aug 06, 2018 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Prescription Price Shopping?
Replies: 37
Views: 2566

Re: Prescription Price Shopping?

You may want to give Costco a call (assuming there's one that convenient). You don't have to buy a membership & many times they offer a significant savings over their competitors. Also, give the manufacturer of your Rx a call. Many companies offer special prices for a select population. Perhaps you'...
by fmhealth
Thu Aug 02, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2417

Re: Time to sell my 2003 Accord?

Just wanted to circle around & thank everyone who responded to my post. Some very incisive comments that has helped me reach a plan of action. I decided to do some online work & reached-out to six independent mechanics within a reasonable driving distance. Gave each a rundown of the repairs I was lo...
by fmhealth
Wed Aug 01, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2417

Time to sell my 2003 Accord?

Hi fellow BH's. Here's the backstory. My 2003 Honda Accord has 134,000. The impending repairs are primarily a new starter, approx. $600, front brakes & serpentine belt along with a few other misc. repairs. Total cost about $1,000. Car has a resale value of $3,000. Car has been a reliable transporter...
by fmhealth
Sun Jul 22, 2018 3:18 pm
Forum: Personal Investments
Topic: Need massive TLs this year-Here's my plan
Replies: 8
Views: 877

Need massive TLs this year-Here's my plan

Please feel free to rip this strategy to pieces. With the YE in site,I really need to try something to minimize my STGs, so here we go. I will buy the following stocks, MSFT, NFLX, AMZN, AAPL & GOOG. I'll put in stops 10% below my purchase price. No stops on the upside. As stops are hit, I'll contin...
by fmhealth
Thu Jun 28, 2018 2:55 pm
Forum: Personal Investments
Topic: MoviePass vs AMC
Replies: 3
Views: 612

MoviePass vs AMC

Interesting article coming from a slightly different perspective.

https://seekingalpha.com/article/418450 ... lock=false

Be Well,
fmhealth
by fmhealth
Thu Jun 14, 2018 2:04 pm
Forum: Personal Investments
Topic: Sell T & buy VZ to realize a $10,000 loss?
Replies: 14
Views: 1266

Sell T & buy VZ to realize a $10,000 loss?

So, I'm still on my quest to maximize my losses this year. What I'm thinking about is selling my position in T for a $10,000 loss & buying VZ with the proceeds. These trades would result in a sizable loss & a repositioning in the same industry. Any & all actionable comments would be very appreciated...
by fmhealth
Sat Apr 21, 2018 10:18 pm
Forum: Personal Investments
Topic: Take tax losses now or wait??
Replies: 8
Views: 1262

Re: Take tax losses now or wait??

Thanks Mr. DBR. I'll move ahead as quickly as possible to implement this plan.

Be Well,
fmhealth
by fmhealth
Sat Apr 21, 2018 12:03 pm
Forum: Personal Investments
Topic: Take tax losses now or wait??
Replies: 8
Views: 1262

Take tax losses now or wait??

Looking over my first qtr. results I see that I have $130,000 in gains, mostly ST from the expiration of LEAP puts that I sold last year. I also have $92,000 in LT losses primarily from my FI account. My thoughts are to swap-out my FI & realize the $92,000 loss now, thus decreasing my YTD gain to a ...
by fmhealth
Sun Apr 15, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 374
Views: 57651

Anyone here use "MoviePass"??

[Thread merged into here, see below (next page). --admin LadyGeek] This idea has really caught on with consumers. I'm uncertain if this concept truly has legs. What peaked my interest is that Verizon has recently taken a sizable stake. I'm attaching an article that gives a good overview of the posi...
by fmhealth
Sun Apr 15, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 5150

Re: Las Vegas hotel

Sign up for all the hotel "players cards" that you have an interest in. Easy to locate on their website & will quickly give you a discounted room rate. Most hotels are part of a large conglomerate so getting aboard will be a simple process. As already mentioned, be certain to get specifics when it c...
by fmhealth
Thu Apr 05, 2018 10:55 am
Forum: Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 948

Re: Social Media ETFs

Thanks so much to all that have replied. Very much appreciated! Mega, my account is down 1.97% YTD. I don't use any particular benchmark to measure against.

Be Well,
fmhealth
by fmhealth
Thu Apr 05, 2018 12:45 am
Forum: Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 948

Re: Social Media ETFs

Here's some thoughts from the "Motley Fool" on this ETF.

https://www.fool.com/investing/2017/11/ ... r-you.aspx
by fmhealth
Thu Apr 05, 2018 12:28 am
Forum: Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 948

Re: Social Media ETFs

Mega, that's precisely my point. I don't have the comfort level that is needed to produce an informed decision. This will be only the third ETF I have in a portfolio comprised of 142 individual equities. It's sort of my own mutual fund. I need help in this sector & I'm willing to pay a reasonable fee.
by fmhealth
Thu Apr 05, 2018 12:18 am
Forum: Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 948

Re: Social Media ETFs

Very seldom buy ETFs of any type, but this group is more difficult for me to get my arms around. No problem with the ER as long as it produces the targeted results.
by fmhealth
Wed Apr 04, 2018 11:22 pm
Forum: Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 948

Social Media ETFs

I'm considering taking a stance in beaten-down social media companies worldwide. It appears to me that SOCL may offer a convenient vector to invest in these future leaders in commerce & communication. Although this ETF has an embedded ER of .65%, it presently sells at a slight discount to NAV. Any t...
by fmhealth
Sun Mar 04, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning RLT vs. Testamentary (Texas)
Replies: 13
Views: 1218

Re: Estate Planning RLT vs. Testamentary (Texas)

General inquiry here. Can a trust be funded after the death of the first spouse or must it be accomplished beforehand? Receiving conflicting opinions from lawyers here in AZ.

We have a simple will & an unfunded trust.Thanks so much for your comments.


Be Well,
fmhealth
by fmhealth
Sat Mar 03, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Estate planning/will for my wife and me
Replies: 21
Views: 3120

Re: Estate planning/will for my wife and me

I can feel your pain! I've spoken with 8-9 lawyers over the past few weeks. They provided some consistency & clarity in a number of areas. We presently have a simple will & an unfunded trust. Here's the primary point of confusion. A number of these folks feel I'm fine with the current format, others...
by fmhealth
Thu Mar 01, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Will & Trust in community vs non community state
Replies: 6
Views: 671

Re: Will & Trust in community vs non community state

Correct. IL is not a community property state.
by fmhealth
Thu Mar 01, 2018 3:33 am
Forum: Personal Finance (Not Investing)
Topic: Will & Trust in community vs non community state
Replies: 6
Views: 671

Re: Will & Trust in community vs non community state

Moved from IL.to AZ. Shouldn't the fact that virtually all our assets are in JTOw survivorship titles even lessen the need for a trust? Very simple will, assets will first go to my wife then 2 children then ultimately to our three grandchildren. Do I even need a trust? Thanks for your insight. Be We...
by fmhealth
Wed Feb 28, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Will & Trust in community vs non community state
Replies: 6
Views: 671

Re: Will & Trust in community vs non community state

Thanks Larry. We have a trust but have never funded it. I know, yet another level of intrigue.

Be Well,
fmhealth
by fmhealth
Wed Feb 28, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Will & Trust in community vs non community state
Replies: 6
Views: 671

Will & Trust in community vs non community state

We had our original documents crafted in a community property state. Now we live in a non community property state. Is our original W&T essentially worthless in our present home state? According to a few lawyers I've spoken with, everything must now go through a very expensive probate if one or both...
by fmhealth
Mon Dec 25, 2017 5:26 pm
Forum: Personal Investments
Topic: REIT or No REIT
Replies: 98
Views: 19184

Re: REIT or No REIT

It appears that the new tax plan will actually have a very favorable impact on REITS.

https://seekingalpha.com/article/413351 ... form?ifp=0
by fmhealth
Mon Dec 25, 2017 4:25 pm
Forum: Personal Investments
Topic: $60,000 unrealized loss in '17 that I don't need
Replies: 30
Views: 4398

Re: $60,000 unrealized loss in '17 that I don't need

To clarify my post, I didn't lose $60,000 in '17, I lost that amount on one stock. GE. It appears that most replies call for executing the loss this year. Probably the most appropriate course of action. Thanks so much for all your rapier-like responses.

Be Well,
fmhealth
by fmhealth
Mon Dec 25, 2017 4:02 pm
Forum: Personal Investments
Topic: $60,000 unrealized loss in '17 that I don't need
Replies: 30
Views: 4398

$60,000 unrealized loss in '17 that I don't need

Have this loss but I've already taken all the TLH that I need for 2017. I'm conflicted as to weather I should still take this loss now or wait for a possible recovery of this equity in '18?

Any actionable thoughts would be greatly appreciated.

Be Well,
fmhealth
by fmhealth
Mon Dec 25, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 9125

Re: How do Bogleheads save on eyeglasses?

Bought two pairs of Foster Grant Multi-Focus Plus @ Walgreens. Total cost $36.00. Thought after 20 years it would be a good idea to have my eyes checked at a local B&M chain. Exam was $65.00. Dr. told me that as long as my vision was fine it made no sense to buy $300 bifocals. I've never had better ...
by fmhealth
Sat Nov 18, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 2099

Re: Marijuana stocks

Take a close look @ GWPH. They're a real company with a material lead in this field. Only one that I have uncovered with actual PH-3 clinical studies that may offer unique cannabis advantages. A very likely T/O candidate by Big Pharma if legalization ever becomes a reality.

Be Well,
fmhealth
by fmhealth
Wed Oct 25, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 17172

Re: Request for Promotion letter to Senior Management

Real bright red caution flag embedded in point #5. Comfort level is almost impossible to quantify via achievements & contributions. I would respectfully ask your supervisor to set-up a meeting for you with the decision maker. When, a long,long time ago I found myself in this position I had a boss th...
by fmhealth
Sun Aug 27, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: LTCi or RM
Replies: 18
Views: 1220

LTCi or RM

Hi fellow BHs. Here's my conundrum. Our LTCi will be increasing 30% in the near future. W/O going into all the details, we've had this bare bones policy for five years. I'm 72 DW is 68. Total cost will be around $2,200. It comes along with a 180 day waiting period & a 5% inflation rider. Genworth is...