Search found 966 matches

by cadreamer2015
Sat May 23, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: Cheap way to ship a few boxes?
Replies: 14
Views: 914

Re: Cheap way to ship a few boxes?

If some of those boxes will be mostly books, consolidate all the books into separate boxes and send them media mail via USPS.

Back in the very old days I shipped some things via Greyhound. I'm not sure I'd want anything I want to keep shipped via Greyhound these days, or even if they still do that.
by cadreamer2015
Wed May 13, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security check late?
Replies: 4
Views: 373

Re: Social Security check late?

Is this a physical check you are looking for or a direct deposit? Social security benefits are typically paid on the second, third or fourth Wednesday of every month, depending on where in the month the beneficiary’s birth date falls. It sounds like you have been getting benefits on the second Wedne...
by cadreamer2015
Wed Apr 29, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Will / Trust Question- Home Sale Issue. I need help.
Replies: 31
Views: 1307

Re: Will / Trust Question- Home Sale Issue. I need help.

Who is the trustee? That person needs to follow the directions in the trust. And the trust is also dependent on the laws of the state your grandmother lived in. All beneficiaries are entitled to a copy of the trust and should read it thoroughly and write down any questions they have about what ever...
by cadreamer2015
Fri Apr 17, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: PPP - wellsfargo [can't process application]
Replies: 3
Views: 501

Re: PPP - wellsfargo [can't process application]

News reports say that the PPP program has run out of money, unless Congress appropriates more. [Comment removed - mod oldcomputerguy]
by cadreamer2015
Tue Apr 14, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13464

Re: How many paid for kids' college?

My parents paid for my college education back when it might have cost $4000 per year. We paid for our kids’ undergraduate educations at private liberal arts colleges, with very limited scholarships. The kids were on their own for grad school. One has a MA, one a PhD and the third will be gettin an M...
by cadreamer2015
Mon Mar 16, 2020 12:11 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5739

Re: Take money out of the bank?

I don't get the need to have $1000 cash at home. I didn't say there was a need to have $1000 in currency at home. I said it wouldn't be unwise to have several hundred or perhaps even $1,000 at home. I myself have only about $100 (though I might want to get a little more currency). I have lived in c...
by cadreamer2015
Sun Mar 15, 2020 8:59 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5739

Re: Take money out of the bank?

I think it wouldn't be unwise to have several hundred or maybe $1,000 in cash at home. We have about $120 in cash at home and I don't feel very worried. Maybe I should have a couple of hundred more, but I don't see any circumstance where I'd want to have $50,000 in currency at home, or anywhere clos...
by cadreamer2015
Sat Mar 14, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: PV (solar electricity) results after 1st year
Replies: 2
Views: 372

PV (solar electricity) results after 1st year

We got our first "true-up" bill from San Diego Gas & Electric (SDG&E). We purchased a net 487 KWh on peak, generated a net 1,286 KWh off peak, and generated a net 27 KWh super off peak, for a total net generation in the first year of 826 KWh. SDG&E gave us a credit of $0.032 per KWh of net generatio...
by cadreamer2015
Fri Mar 13, 2020 1:49 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into stocks when they fall is unrealistic
Replies: 126
Views: 10575

Re: Rebalancing into stocks when they fall is unrealistic

The common advice to decide on a stock/bond allocation and to rebalance to it periodically is unrealistic. It may be unrealistic for you. Or perhaps your Asset Allocation has too much equity for your true risk capacity. It is not unrealistic for many, as others have already replied. I also rebalanc...
by cadreamer2015
Thu Mar 12, 2020 5:40 pm
Forum: Personal Investments
Topic: Do I follow my IPS?
Replies: 17
Views: 920

Re: Do I follow my IPS?

Update: I didn’t do anything yesterday when my AA went below 49% equities. With today’s big drop I placed an order to move about 3% of our retirement portfolio from bonds to stocks, which should bring the AA up to 50%. Still below the 54% equities in my IPS but I feel good about this Dollar Cost Ave...
by cadreamer2015
Wed Mar 11, 2020 2:42 pm
Forum: Personal Investments
Topic: Do I follow my IPS?
Replies: 17
Views: 920

Do I follow my IPS?

My IPS says I should consider rebalancing if my asset allocation drifts more than 5% from my targets. I will hit that point today. I am tempted to revise my target equity allocation lower, but realize that I shouldn't do that just because of a large drop in asset prices. My IPS doesn't say I have to...
by cadreamer2015
Thu Mar 05, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Car Rental Prices Skyrocketing
Replies: 10
Views: 1853

Re: Car Rental Prices Skyrocketing

I had made a Costco Rental Car reservation for a week in Honolulu about a month and a half ago: $280. I went online yesterday to see if I could get a better rate and yep, now the price (different rental car company) was $235.
by cadreamer2015
Thu Mar 05, 2020 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4112

Re: Installing solar - worth it?

We are new to San Diego. Before solar, was the electric portion of your SDGE bill close to the same year-round or were there much fluctuations depending on winter/summer? We only have 2 full electric bills, both during the super cold winter months. Which company did you go with and were they helpfu...
by cadreamer2015
Thu Mar 05, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4112

Re: Installing solar - worth it?

We've had our PV rooftop solar system for almost a year. As other's have said, the economic calculation is all local. Here in San Diego (SDG&E) we have very high electricity rates and lots of sun :D . As in almost any calculation your assumptions are important. In my economic decision analysis I loo...
by cadreamer2015
Mon Mar 02, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Tax Payments - are the really required?
Replies: 22
Views: 2526

Re: Quarterly Tax Payments - are the really required?

You are required to make timely payments of your income tax obligation to avoid an underpayment penalty. You can make those timely payments by having withholding from W-2 income, from retirement plan withdrawals, social security payments, annuity payments etc. You can also make those timely payments...
by cadreamer2015
Sat Feb 29, 2020 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever put down an extremely large down payment on a house?
Replies: 13
Views: 1371

Re: Has anyone ever put down an extremely large down payment on a house?

We put more than $500k down on our $866k home purchase. I'm not sure how this information helps you, though.
by cadreamer2015
Wed Feb 19, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: New phone contact number for Vanguard
Replies: 2
Views: 492

New phone contact number for Vanguard

When I logged on to Vanguard this morning I got the following pop-up message: How to get the service you need Have you called us lately? Then you've probably noticed the changes we've made to serve you better. If you haven't called recently, here's some important information you need to know. You sh...
by cadreamer2015
Sat Feb 15, 2020 11:19 pm
Forum: Personal Investments
Topic: Best Site/Software for Portfolio Management?
Replies: 32
Views: 2606

Re: Best Site/Software for Portfolio Management?

I use Excel to manage my portfolio and find it perfectly adequate. If one has a Boglehead portfolio there is not much "management" necessary.
by cadreamer2015
Sat Feb 15, 2020 11:17 pm
Forum: Personal Investments
Topic: Ending California residency - capital gains taxation
Replies: 19
Views: 1827

Re: Ending California residency - capital gains taxation

The Franchise Tax Board (FTB) has a reputation for being aggressive in claiming taxpayers as California residents. I would be thorough in eliminating all ties to California as soon as possible and hopefully before you realize the capital gain: change your drivers license, voter registration, car reg...
by cadreamer2015
Sat Feb 15, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Retire this summer, or work another academic year?
Replies: 28
Views: 3146

Re: Retire this summer, or work another academic year?

This is all personal, of course, and somewhat depends on your risk tolerance. I had a ~1 hour commute each way for essentially all my working life. Of course for virtually all of that time I either took mass transit or was in a car pool, so it wasn't as stressful as driving in heavy traffic by mysel...
by cadreamer2015
Thu Feb 13, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4134

Re: Early inheritance for one - how to equalize disbursement?

Whatever method you (or really your mother) use, make sure your mother documents this in her will or trust instrument. That way, if you are the executor, personal representative, or trustee you will be following her written instructions. Otherwise I would predict there would be discord and distrust ...
by cadreamer2015
Fri Feb 07, 2020 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting Sale of Rental Property in Turbo Tax
Replies: 38
Views: 2008

Re: Reporting Sale of Rental Property in Turbo Tax

If you are not able to buy a newish computer to run the download TurboTax program you may need to bite the bullet and have a CPA do your entire return. Though that might cost as much as a new computer - you could get a perfectly capable new laptop for $500 or so.
by cadreamer2015
Fri Feb 07, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing - updated still no joy

Further update - remain disappointed. I've rolled back the Windows update from yesterday and tried starting the computer in safe mode. TurboTax seems to need internet connectivity to operate. So neither attempt to solve the problem was successful :( . I guess I'll have to do my taxes on my laptop th...
by cadreamer2015
Fri Feb 07, 2020 12:36 pm
Forum: Personal Investments
Topic: Why is my Vanguard account balances always delayed?
Replies: 21
Views: 1823

Re: Why is my Vanguard account balances always delayed?

I think OP is talking about balances reflecting new trades, not update to valuation for existing investments. Even if this is indeed the OP's issue with Vanguard's reporting, I can't see what I would do with that information at 7pm the day of the trade that would not wait until 6am the next morning.
by cadreamer2015
Fri Feb 07, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing - updated still no joy

Update for those following along - I'm back on the phone with TT support. I downloaded the program to a different computer and it works fine. Still not working on my original computer. I'm wondering if there was a Windows update yesterday (there was one that I installed) that is interfering with Tur...
by cadreamer2015
Fri Feb 07, 2020 11:53 am
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing - updated still no joy

Thanks for all the helpful suggestions. I am now back on the phone with TT support.
by cadreamer2015
Fri Feb 07, 2020 11:43 am
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing - updated still no joy

There's your problem.
What advice do you have? That I go out and purchase a Mac computer just to run TurboTax?
by cadreamer2015
Fri Feb 07, 2020 11:30 am
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing - updated still no joy

I’m running Windows 10. TurboTax support finally said I needed to purchase a new copy of the software. I’ve gotten a refund from Amazon for my purchase back in November. I purchased a new copy of the software from Amazon. I’ve uninstalled the old program, installed the new program and it still crash...
by cadreamer2015
Fri Feb 07, 2020 10:44 am
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

Re: TurboTax Crashing

Just an update: I've spent about an hour on the phone this morning with TurboTax support. I've uninstalled TurboTax, reinstalled it, rebooted, tried running as administrator and everything else they can think of. The program still crashes just after launching. :(
by cadreamer2015
Thu Feb 06, 2020 11:57 pm
Forum: Personal Investments
Topic: Why is my Vanguard account balances always delayed?
Replies: 21
Views: 1823

Re: Why is my Vanguard account balances always delayed?

What action would I take if I knew my account balances at 7pm after the market closed, that could not wait until 6am the next morning? Unless I wanted to trade stocks in Asia while the U.S. markets were closed and I needed the info to decide what to trade, I can’t think of any reason why 6am is not ...
by cadreamer2015
Thu Feb 06, 2020 7:54 pm
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2024

TurboTax Crashing - updated still no joy

I have the downloaded TurboTax Home & Business. When I started it up this afternoon it started loading updates, as often happens this time of year. Now the program crashes every time I start it up. Anyone else having problems? Any thoughts on solutions? I tried "repairing" the program through the in...
by cadreamer2015
Sun Feb 02, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: At what cost/savings would you install solar panels?
Replies: 16
Views: 1190

Re: At what cost/savings would you install solar panels?

In our area current electric rates are about $0.28 per KWh. We use about 370 KWh per month. We got a quote for rooftop PV solar at about $3.25 per watt. I figured the system payback after the Federal solar credit was about 6-7 years. We purchased the system last March and have been happy with it so ...
by cadreamer2015
Sat Feb 01, 2020 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Obtaining a mortgage w/ less than 2 years of W2?
Replies: 19
Views: 1532

Re: Obtaining a mortgage w/ less than 2 years of W2?

My experience with mortgage lenders is that they want to see 2 years of tax returns for self employed people, but will make loans to W2 employees just based on a pay stub and verification from your employer that you are employed with a salary of X. I think these rules are based on Fannie Mae and/or ...
by cadreamer2015
Mon Jan 27, 2020 2:41 pm
Forum: Personal Investments
Topic: Can't figure out how to take a distribution from a Vanguard individual 401K
Replies: 17
Views: 748

Re: Can't figure out how to take a distribution from a Vanguard individual 401K

This sounds like a good reason to roll my i401k over into my IRA before I hit 72. I'll probably do the roll over when I stop working, which should be 4 years before reach 72 years old.
by cadreamer2015
Mon Jan 27, 2020 2:29 pm
Forum: Personal Consumer Issues
Topic: Cars for kids upon college graduation
Replies: 48
Views: 3051

Re: Cars for kids upon college graduation

We paid for our kids college education. We did not buy them cars, either in high school or upon college graduation. For one son we sold him my 10 year old Toyota Camry for the Kelly Blue Book value for a trade-in. The others have purchased used cars at some point after graduation from their own mone...
by cadreamer2015
Mon Jan 27, 2020 2:20 pm
Forum: Personal Investments
Topic: Can't figure out how to take a distribution from a Vanguard individual 401K
Replies: 17
Views: 748

Re: Can't figure out how to take a distribution from a Vanguard individual 401K

Did you log in through the Personal Investor portal or the Small Business portal? Try this link for the small business portal:

https://smallbiz.vanguard.com/VGApp/sbs/nesc/LoginPage
by cadreamer2015
Mon Jan 27, 2020 1:40 pm
Forum: Personal Investments
Topic: Can't figure out how to take a distribution from a Vanguard individual 401K
Replies: 17
Views: 748

Re: Can't figure out how to take a distribution from a Vanguard individual 401K

"You don't have the authority to transact on this account." Sounds like you may not have the authority to transact on your wife's account. Perhaps have her log on to her own account. May have to go through the small business portal - I know you need to go through that portal to make i401k contribut...
by cadreamer2015
Sun Jan 26, 2020 10:25 pm
Forum: Personal Investments
Topic: Executor of an estate
Replies: 51
Views: 3683

Re: Executor of an estate

I'd like to thank Gill for his clear explanation of the duties of the executor in this regard. If I may slightly expand the scope of the OP's question, is the advice (and potential for liability) any different if we are talking about a trust and the duties of a successor trustee, assuming that the a...
by cadreamer2015
Sun Jan 26, 2020 11:02 am
Forum: Personal Investments
Topic: Leaving TIRAs to kids vs.spouse and vs. Roth conversions
Replies: 24
Views: 1233

Re: Leaving TIRAs to kids vs.spouse and vs. Roth conversions

I'm pretty sure that the primary beneficiary of an IRA can disclaim. If that's the case, then your spouse could be left as the primary beneficiary and could disclaim (let the IRA flow to the secondary beneficiary) if that seems more appropriate upon your passing. This depends, of course, on the prim...
by cadreamer2015
Fri Jan 24, 2020 11:09 am
Forum: Investing - Theory, News & General
Topic: Total Stock Market Index - Section 199A dividends this year
Replies: 169
Views: 21155

Re: Total Stock Market Index - Section 199A dividends this year

I hold the Vanguard Total Stock Market Index Admiral fund in an irrevocable trust of which I'm the beneficiary. Dividend income from the trust flows to me and is reported on a K-1. I don't see any place on the current K-1 (the final K-1 form won't be ready until 1/31 according to TurboTax). Will the...
by cadreamer2015
Thu Jan 23, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on LLC
Replies: 9
Views: 634

Re: Advice on LLC

Is it possible to have an i401k if I already am part of a 401k through my full-time employer? I'm pretty sure you can have an i401k even if you are a part of a 401k at your full-time job. My understanding is that your employee salary deferral will be limited to a total of $19,500 in 2020 (more if y...
by cadreamer2015
Thu Jan 23, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on LLC
Replies: 9
Views: 634

Re: Advice on LLC

The benefits of an LLC or Corp would be running expenses associated with the consulting/Advising expenses. If these are legitimate expenses they can be deducted as business expenses on Schedule C https://www.irs.gov/pub/irs-pdf/f1040sc.pdf as a sole proprietor. So I don't see the tax advantage of a...
by cadreamer2015
Thu Jan 23, 2020 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on LLC
Replies: 9
Views: 634

Re: Advice on LLC

From Legalzoom here's what's required to form an LLC in California: An LLC is formed in California by filing Articles of Organization with the California Secretary of State and paying a $70 filing fee. Most businesses must also pay an $800 franchise tax. In addition, within 90 days of filing the Art...
by cadreamer2015
Thu Jan 23, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Are interest rates ever going back up?
Replies: 98
Views: 7798

Re: Are interest rates ever going back up?

This is essentially equivalent to the question “Will we ever have another bear market in stocks?” Bond prices move inversely to interest rates, so bond prices go down when interest rates rise. The answer to both questions is “Almost certainly, but no one can predict when.” Make your plans so that yo...
by cadreamer2015
Thu Jan 23, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Advice on LLC
Replies: 9
Views: 634

Re: Advice on LLC

Setting up an LLC in California is not cheap. As I recall there is an annual fee of $800 to the Franchise Tax Board. My attorney has told me that an LLC would not shield me from liability from any of my personal actions. It might shield me from liability from actions of my employees if I had any, bu...
by cadreamer2015
Wed Jan 22, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4338

Re: Advice on moving to Pennsylvania

Others have had good comments on the financial and administrative aspects of living in Pennsylvania. We moved to PA in the mid 90s and lived there for 3 1/2 years in the Philadelphia suburbs. Some comments about our experience, which I think are still valid: 1) Many of the suburban school districts ...
by cadreamer2015
Wed Jan 22, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Question
Replies: 1
Views: 309

Re: Turbo Tax Question

I don’t know the answer, as I always use the download program. This allows me to prepare multiple what if returns and also see my last years return.
by cadreamer2015
Tue Jan 21, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: State tax situation, when working remote, Living in One State, Working in Another
Replies: 5
Views: 557

Re: State tax situation, when working remote, Living in One State, Working in Another

How will you be paid? If by 1099 and you work remotely from your home in California then I think it is pretty straightforward: you don't need to file any Michigan taxes. If you are a W2 employee and your employer is in Michigan, they may very well deduct Michigan income taxes and show your income as...
by cadreamer2015
Mon Jan 20, 2020 11:06 am
Forum: Personal Investments
Topic: Roth conversions when we will be in 22% bracket for indefinite future
Replies: 21
Views: 3477

Re: Roth conversions when we will be in 22% bracket for indefinite future

Thanks to those of you who resurrected this thread. In the intervening 16 months since I first posted I’ve continued to work half time, have not claimed my own social security benefit yet, and perhaps more importantly the stock market has melted up by 15% or so since September, 2018. So our projecte...