Search found 984 matches

by strafe
Sun Aug 16, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Employee Over Paid by Six Digits
Replies: 36
Views: 4058

Re: Employee Over Paid by Six Digits

I’m looking for some boglehead wisdom. My business partner who manages payroll has consistently overpaid [...] This is a highly paid sales representative and this mistake in payroll isn’t a significant part of the employee’s pay [...] This is a good employee but at the same time he has gone along w...
by strafe
Sun Aug 02, 2020 9:50 am
Forum: Personal Consumer Issues
Topic: Move to NE Ohio?
Replies: 71
Views: 4372

Re: Move to NE Ohio?

Hasn’t been much mention of topography and scenery.
East side tends to be hillier whereas west side is more flat midwestern plains. Coming from Chicago that may be ok.
by strafe
Fri Jul 17, 2020 5:44 am
Forum: Personal Consumer Issues
Topic: Who switched my windshield wiper arms?
Replies: 69
Views: 8738

Re: Who switched my windshield wiper arms?

So in a similar thought, have you have any repairs or replacements of the windshield? Last summer I had the AC evaporator (under the dash) replaced. I'm pretty sure I've washed the car several times since then. Other than the state inspection last week, that's the only time I've had it serviced in ...
by strafe
Sun Jun 28, 2020 10:10 am
Forum: Personal Investments
Topic: I want to leave Raymond James -- Please help me decide where to go.
Replies: 62
Views: 3297

Re: I want to leave Raymond James -- Please help me decide where to go.

Both options are great. Fidelity's total market index funds are essentially equivalent to Vanguard's. Both are in a whole different universe from RJ.

Based on what you've said is important to you, go with Fidelity.
by strafe
Wed Jun 24, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Odds we see 30 year mortgages at 2.0%
Replies: 14
Views: 2544

Re: Odds we see 30 year mortgages at 2.0%

Some combination of low or neg bond yield, low spread/margin (driven in part by anticipated default rate) and subsidies.
by strafe
Thu May 28, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: 55+ communities - with or without golf course?
Replies: 13
Views: 1407

Re: 55+ communities - with or without golf course?

HOA fees vary widely for many reasons. If I were you, I would look at fees for actual houses you’re considering purchasing (or, at least in communities you’re exploring). The fees are usually public record on MLS/Zillow.
by strafe
Wed May 27, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Increase From Current Employer after getting MBA?
Replies: 10
Views: 1153

Re: Salary Increase From Current Employer after getting MBA?

What new responsibilities did you take on (or how much did your productivity increase) after acquiring the MBA?
by strafe
Sat May 16, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?
Replies: 62
Views: 3970

Re: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?

I would stay liquid. Keep the loan for now. Re-evaluate in January.
by strafe
Thu May 14, 2020 7:03 pm
Forum: Personal Consumer Issues
Topic: Secrets to a great lawn
Replies: 65
Views: 5481

Re: Secrets to a great lawn

I always chuckle when northern lawn care questions pop up every spring. The first secret is that 90% of the job takes place in the FALL . Three things to do starting now: 1. Set your mower deck to the highest setting , about 4". Your lawn will be thicker and greener. A tall, healthy lawn crowds out ...
by strafe
Mon May 04, 2020 9:05 pm
Forum: Personal Consumer Issues
Topic: No sidewalk ramp or a steep ramp?
Replies: 14
Views: 1131

Re: No sidewalk ramp or a steep ramp?

It looks like there is a driveway with curb cut out 10ft away.
by strafe
Wed Apr 29, 2020 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5495

Re: Our company just closed our regional office permanently

Count your blessings that you’re still employed. The bigger the shift toward virtual work, the less likely your concerns will be realized. Plenty of people already work remotely with successful careers. Too early to be catastrophizing. Regarding your last point, I think you’re right. If people are n...
by strafe
Wed Apr 29, 2020 1:15 pm
Forum: Personal Investments
Topic: Best brokerage with robo-like features
Replies: 29
Views: 1294

Re: Best brokerage with robo-like features

Try VT (ironically remove the ‘I’ to add international)
by strafe
Mon Apr 27, 2020 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: Ambulatory Surgery Center (ASC) - Setting Up
Replies: 7
Views: 843

Re: Physicians: Ambulatory Surgery Center (ASC) - Setting Up

ASCs are in distress right now as demand for medical care has evaporated. We’re watching the implosion of fee for service health care. It’s far from certain that things will return to “normal” anytime soon. I believe permanent structural changes are coming. ASCs will sell at a deep discount — high p...
by strafe
Wed Apr 15, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25409

Re: IRS Get My Payment up and running

Site is broken when I tried. “Payment status not available” Seems from comments above and on Reddit this is a widespread glitch. No deposit in my account either (have always used DirectPay for taxes owed). I see info in the FAQ about identity verification. It didn’t ask any questions. I have a credi...
by strafe
Thu Apr 09, 2020 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated taxes and income loss: annualized installment vs. skip 4th quarter
Replies: 4
Views: 318

Estimated taxes and income loss: annualized installment vs. skip 4th quarter

I'm self-employed. My income is fairly constant quarters 1-3. I earn about 50% of my total annual income in 4th quarter. I planned to make safe harbor estimated tax payments based on 2019 taxes owed. Due to the economic collapse, I am uncertain whether I will receive any excess income in Q4. I have ...
by strafe
Sun Apr 05, 2020 5:23 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Issue and Collections
Replies: 9
Views: 865

Re: Medical Billing Issue and Collections

I would go to the doctors office demanding they call off the bill collectors. If no actual bill was received by the patient from the doctor, then doctor has no grounds to to send it to collection agency. If they don't do this, then demand a credit to your account of the difference between the bill ...
by strafe
Sun Apr 05, 2020 6:23 am
Forum: Personal Consumer Issues
Topic: Medical Billing Issue and Collections
Replies: 9
Views: 865

Re: Medical Billing Issue and Collections

This sounds like a mess, and the medical office is doing a poor job of communication and addressing the concern. My curiosity was piqued by this. It looks like preventive care / annual wellness visits are a regulatory minefield. Makes the complexities of Social Security rules look tame. I don't beli...
by strafe
Fri Mar 27, 2020 11:52 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation (Gas + SP)
Replies: 48
Views: 1610

Re: Lawnmower recommendation (Gas + SP)

I wish someone would come up with website (let’s hypothetically call it “The Wirecutter”) that compares products with hands on tests and gives a recommendation for the best option for most people.
by strafe
Wed Mar 25, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Betterment users - how is TLH working right now?
Replies: 2
Views: 432

Re: Betterment users - how is TLH working right now?

2 for each slice, I believe.

There must not be many Betterment users on this forum.
by strafe
Tue Mar 24, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: Betterment users - how is TLH working right now?
Replies: 2
Views: 432

Betterment users - how is TLH working right now?

I've been contemplating using Betterment for some time. How is TLH working right now with the choppy market? I've got to imagine the system is racking up stout tax losses for many people.
by strafe
Tue Mar 03, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Sec 199A Qualified Business Income - proration of deductions for retirement and health insurance?
Replies: 0
Views: 231

Sec 199A Qualified Business Income - proration of deductions for retirement and health insurance?

Looking for input from those with expertise in the smoke and mirrors of Sec 199A and QBI. I have always done my own taxes but this will likely be the year I hire a CPA. My question: Are QBI deductions for self-employment health insurance and/or retirement contributions prorated according to the exte...
by strafe
Sun Mar 01, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: furnace on the second floor
Replies: 13
Views: 657

Re: furnace on the second floor

It’s forced air from the furnace. It’s moved where it needs to be via the ducts, it’s the residual temperature in the rooms that rises. And what’s your options if you don’t have a basement? I am just thinking that forcing hot air down is a bit of wasted energy. No options. These are re-sale homes a...
by strafe
Wed Feb 26, 2020 8:50 am
Forum: Personal Consumer Issues
Topic: The "Stuff" Happens Fund - for when life's not fair
Replies: 10
Views: 1298

Re: The "Stuff" Happens Fund - for when life's not fair

How is this different from an Emergency Fund? For starters, an Emergency Fund is for emergencies. :wink: It differs in 2 ways. 1) Scale-- An emergency fund is there as a safety net for financial catastrophe, the classic example being prolonged unemployment. It is supposed to be left untouched durin...
by strafe
Wed Feb 26, 2020 8:08 am
Forum: Personal Consumer Issues
Topic: The "Stuff" Happens Fund - for when life's not fair
Replies: 10
Views: 1298

The "Stuff" Happens Fund - for when life's not fair

We've all had moments where we've felt cheated or wronged. Sometimes over big things. But often over little things. Not always about money. The natural reaction is to get angry and fight. There are hundreds of threads on this forum from people who've felt violated by various transactions. At some po...
by strafe
Sun Feb 23, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Beard trimmers - down to stubble
Replies: 12
Views: 1479

Re: Beard trimmers - down to stubble

Not sure I'd classify 5 days of growth as stubble, unless your facial hair grows slowly.

A trimmer with #1 guard (1/8") should maintain a 5-day look. The Wahl Peanut is a good, inexpensive option.
by strafe
Mon Feb 17, 2020 6:39 pm
Forum: Personal Investments
Topic: Bridging to SS with annuity- why not?
Replies: 28
Views: 1952

Re: Bridging to SS with annuity- why not?

The benefit of an annuity is in the insurance / mortality pooling. As a general rule, the more “investment-like” an annuity, the less desirable it is. A 15yr period certain annuity could be replicated with a CD or bond ladder at lower cost.
by strafe
Mon Jan 20, 2020 6:28 pm
Forum: Personal Consumer Issues
Topic: Hybrid/EV fees imposed by states... punitive?
Replies: 13
Views: 1040

Re: Hybrid/EV fees imposed by states... punitive?

Makes sense. The primary purpose of gasoline tax is to cover road maintenance. Wear and tear on roads is driven largely by vehicle weight and miles driven. Historically that could be approximated by fuel consumption. With hybrids and EVs, the assumptions coupling fuel consumption and road maintenanc...
by strafe
Sun Jan 19, 2020 5:55 am
Forum: Personal Consumer Issues
Topic: Need emergency car repair..what would you do?
Replies: 34
Views: 3495

Re: Need emergency car repair..what would you do?

We're all assuming that you can't put the old belt back on and drive the car in for replacement. A worm belt has a lot more give/stretch than a new one. You may not be able to feel the difference until you try putting it back on. +1 Does this belt run water pump or power steering? Don’t even think ...
by strafe
Wed Jan 01, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Safe Harbor - multiple W2 jobs
Replies: 2
Views: 307

Re: Safe Harbor - multiple W2 jobs

Unfortunately I don’t think that’s correct. The FICA overpayment is returned to you as a refundable credit. See the instructions for IRS form 2210 line 3. Only certain credits are counted as a payment for safe harbor purposes. Excess SS withholding isn’t listed as one of them. But maybe others more...
by strafe
Tue Dec 31, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions
Replies: 38
Views: 2904

Re: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions

I would replace the failing HDD with another spinning disk and remake it as a Fusion drive. The cost of a 2TB drive is about $60 these days.
by strafe
Fri Dec 27, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Dealership shenanigans
Replies: 25
Views: 3182

Re: Dealership shenanigans

You have a copy of the contract, right? Can you see where the error occurred? Presumably you would be re-signing the original contract with an annotation. If they draw up brand new papers, that would be a red flag. I also agree this should be done by mail. There is no way I would drive from Atlanta ...
by strafe
Mon Dec 23, 2019 8:12 am
Forum: Personal Investments
Topic: Fund Roth or pay off student loans?
Replies: 17
Views: 669

Re: Fund Roth or pay off student loans?

Well the remodel loan is probably going to be anywhere between 5-6% interest, but then later combining that with my first mortgage. Anyways does it sound silly to then borrow at a high rate ? Yes and no. My home is already worth more than my loan. With the remodel it’ll get an added 100k in value. ...
by strafe
Mon Dec 23, 2019 7:24 am
Forum: Personal Investments
Topic: Fund Roth or pay off student loans?
Replies: 17
Views: 669

Re: Fund Roth or pay off student loans?

Recently payed off 2 student loans. $1,800 at 5% and $1,300 at 5.5%. I have a $4,200 student loan left at 4.2% and another one for $2300 at 3.6%. I have the money to pay it off and forget about it. Or should I contribute enough to my 2019 Roth IRA and pay off the loan slowly? I have no credit card ...
by strafe
Tue Nov 26, 2019 5:11 am
Forum: Personal Investments
Topic: Vanguard debited account twice?
Replies: 10
Views: 843

Re: Vanguard debited account twice?

For the sake of simplicity, assume the following in a brokerage account: $20k VMMXX $100k VTSAX I initiated a transaction to transfer the entire $20k of VMMXX to my linked account. It now shows up there. However, a couple days later, now my Vanguard balance shows $80k, broken down as follows: -$20k...
by strafe
Sun Nov 24, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Apple Watch 5. 40 mm or 44 mm. Cellular or not.
Replies: 22
Views: 2474

Re: Apple Watch 5. 40 mm or 44 mm. Cellular or not.

Go to a store and try it on.
The larger size is preferable so long as it looks reasonable on the wrist.
by strafe
Sun Nov 17, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Tablet for 2 year old for long car trip
Replies: 27
Views: 1594

Re: Tablet for 2 year old for long car trip

One tip: a gallon ziplock and packing tape can make a nice tablet holder on the headrest. And y’all, chill out. Letting a kid watch some content on a road trip is not going to stunt development. If they’re buying a tablet only now, their kid isn’t a vegetable and the TV is not their babysitter. +1 ...
by strafe
Sat Nov 16, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: New to K-1 tax filing (partner)- looking for suggestions on references
Replies: 3
Views: 362

Re: New to K-1 tax filing (partner)- looking for suggestions on references

The main differences are: 1) you will need to file quarterly estimated taxes -- unless you can withhold enough with your W-2 job 2) you will need to pay self-employment tax Paying estimate tax gets complicated if income is lumpy throughout the year (bonuses, etc). Learn about the the 110% safe harbo...
by strafe
Fri Nov 08, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: Car folks! Bottom of depreciation curve right now?
Replies: 20
Views: 3803

Re: Car folks! Bottom of depreciation curve right now?

(Inspired by the "911 Not a Money Pit" thread...) Fellow automotive enthusiasts - What are you seeing hitting the bottom (or near)of the depreciation curves right now that you find cool/interesting/desirable: Two I have my on of my list that are under $10K: Early 2000's Lexus LX470 Mid-2000's Jagua...
by strafe
Fri Nov 08, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11535

Re: Seller's agent not letting us use a buyer's agent

I would submit an offer through your agent. The seller’s agent would presumably have an obligation to present your offer to the seller.
by strafe
Fri Nov 08, 2019 10:21 pm
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 7212

Re: Was I ripped off at the car dealership?

Can’t tell from the details you provided whether it was necessary. A stain on the oil pan by itself wouldn’t be reason to change the gasket. How often (in terms of miles) did you have to add make up oil? How much oil leaking on the ground? Assuming there really was some seepage but no significant le...
by strafe
Thu Nov 07, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Wife's car hit in a parking lot - how to deal with various issues?
Replies: 67
Views: 6188

Re: Wife's car hit in a parking lot - how to deal with various issues?

How much did you pay for it when you bought it? About $4,000 dm200 wrote: ↑Mon Nov 04, 2019 3:02 pm The girl was clearly 100% at fault Your opinion. If they decide to file a claim but you don't report it to your insurance company, how will your liability coverage protect you from the damage that yo...
by strafe
Sat Nov 02, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: 1st Tax Audit in 22 years!
Replies: 37
Views: 5551

Re: 1st Tax Audit in 22 years!

Just wanted to close the loop on this issue. I used audit defense to send paperwork to IRS. It included original loan docs, HUD-1 statement and a copy of annual interest paid. I also had to fill in a worksheet to calculate the amount of interest I could claim. That amounted to only $108K, instead o...
by strafe
Tue Oct 22, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Dodge Grand Caravan 45k Miles and broken transmission, Advice for a Car Noob
Replies: 13
Views: 1250

Re: Dodge Grand Caravan 45k Miles and broken transmission, Advice for a Car Noob

Sorry to hear about the hassle. I’m having trouble following the story. It’s broken, but maybe not broken? It’s under warranty but not under warranty? It’s $2800, or $6000 or $8800 to fix? What is the $30k figure? The cost of buying a new car? ( The 2014 van is worth maybe 8k now and wouldn’t have c...
by strafe
Sun Oct 20, 2019 4:53 am
Forum: Investing - Theory, News & General
Topic: Pensions - Why Isn't Time In the Market a Part of the Formula?
Replies: 30
Views: 4228

Re: Pensions - Why Isn't Time In the Market a Part of the Formula?

Cash balance pension address this flaw by using a notional account balance and defined rate of return. The lump-sum option of CalPERS is essentially a cash-balance plan, with a notional balance (the defined employEE contributions plus interest) and a defined rate of return (6%). But it doesn't resu...
by strafe
Sun Oct 20, 2019 4:41 am
Forum: Investing - Theory, News & General
Topic: Pensions - Why Isn't Time In the Market a Part of the Formula?
Replies: 30
Views: 4228

Re: Pensions - Why Isn't Time In the Market a Part of the Formula?

OP- You’ve highlighted what I consider to be one of the fundamental problems with traditional defined benefit pensions. It was a feature. If you are an employer, why would you give money away to somebody who’s not working? They’re not crazy. It is crazy. Consider the OP's example. Employee A - Hire...
by strafe
Sat Oct 19, 2019 4:54 am
Forum: Investing - Theory, News & General
Topic: Pensions - Why Isn't Time In the Market a Part of the Formula?
Replies: 30
Views: 4228

Re: Pensions - Why Isn't Time In the Market a Part of the Formula?

OP- You’ve highlighted what I consider to be one of the fundamental problems with traditional defined benefit pensions. Cash balance pension address this flaw by using a notional account balance and defined rate of return. Another solution would be to make defined benefit plans portable across emplo...
by strafe
Mon Oct 14, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6745

Re: Frustrated with dentist fees

I have very good insurance - United Concordia through blue cross federal . My dentist submitted charges to my insurance and the insurance denied part of the payment as they felt part of the services rendered were not necessary . The dentist office wants me to pay the fees about $150 which the insur...
by strafe
Mon Oct 14, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6745

Re: Frustrated with dentist fees

I have very good insurance - United Concordia through blue cross federal . My dentist submitted charges to my insurance and the insurance denied part of the payment as they felt part of the services rendered were not necessary . The dentist office wants me to pay the fees about $150 which the insur...
by strafe
Mon Oct 14, 2019 5:19 am
Forum: Personal Investments
Topic: Breaking from federal service and going fee basis - retirement options?
Replies: 4
Views: 522

Re: Breaking from federal service and going fee basis - retirement options?

Your eligibility for traditional IRA tax deduction depends in part on whether you are covered by an employer retirement plan (and of course income level) for that calendar year. You may want to separate just prior to Jan 1.