Search found 35 matches

by adrift
Sat Jan 23, 2016 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Wash Sale question
Replies: 14
Views: 983

Wash Sale question

If I have the following purchases and sales of stock XYZ

Jan 01, 2015 Buy 1,000 shares @ $40
Dec 01, 2015 Buy 100 shares @ $60
Jan 01, 2016 Buy 50 shares @ $55
Jan 15, 2016 Sell 150 shares @ $50

When I sell, I use specific ID to identify the last 150 purchased. Do I have a wash sale?
by adrift
Wed Dec 23, 2015 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 51148

Re: Vanguard TurboTax - Not Available 2015?

Fidelity is offering a free version of TurboTax Premier if you are at an appropriately exalted level. Log in, click "Guidance & Retirement", click "Taxes". If it is available to you, you should see "TurboTax® Online Premier Receive a free federal tax return with e-file.&...
by adrift
Sun Oct 12, 2014 3:00 am
Forum: Investing - Theory, News & General
Topic: Draw down taxable saving first?
Replies: 43
Views: 4747

Re: Draw down taxable saving first?

I plan to retire in 2 years. I will have to start using savings to fund retirement. Does it make sense to draw down taxable savings first? Most of mine in in TSM and Vanguard International. Have you seen the "Optimal Retirement Planner" website and calculator? If you take the time to put ...
by adrift
Mon Aug 04, 2014 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on Denver Bond program
Replies: 15
Views: 1374

Re: Opinions on Denver Bond program

bridenour wrote:The reason the rate is so high is because this is basically a gift to Denver &/or CO residents.


The bonds are all sold out. That rate is indeed a "gift".
by adrift
Sat Jun 21, 2014 1:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket Management at 15%/25% Boundary
Replies: 33
Views: 4034

Re: Tax Bracket Management at 15%/25% Boundary

Here is the ZERO taxes thread with some ideas: http://www.bogleheads.org/forum/viewtopic.php?t=87471 You will need to be handy with TurboTax and m I agree with your comment about TurboTax. For i-orp, not so much. People seem to like i-orp. I think it's because it generates a lot of numbers. But, as...
by adrift
Sun May 25, 2014 2:43 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA/RMD/Obamacare questions
Replies: 13
Views: 1836

Re: Roth IRA/RMD/Obamacare questions

Play with i-orp.com a bit. It helpfully models pensions, SS, federal and (approximate) state taxes, and lots of other things. It will propose a scenario, and while I initially was pit off by what it suggested for my parents, I realized two key things: ⋅ The difference was one of assumptio...
by adrift
Wed Feb 26, 2014 5:36 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin price plunges
Replies: 246
Views: 25556

Re: Bitcoin price plunges

She can go online and transfer money from her bank account to any other bank account in the country. Then, she e-mails proof of the transaction to the recipient and she is done. (To the recipient the bank transaction is only identified by a transaction ID, not by the sender's name or account number...
by adrift
Wed Feb 26, 2014 2:24 am
Forum: Investing - Theory, News & General
Topic: Bitcoin price plunges
Replies: 246
Views: 25556

Re: Bitcoin price plunges

Leeraar wrote:So, here's the question:

Bitcoin is better than USD on PayPal because ...?

L.


Can you buy heroin with PayPal?
by adrift
Wed Feb 26, 2014 2:11 am
Forum: Investing - Theory, News & General
Topic: Bitcoin price plunges
Replies: 246
Views: 25556

Re: Bitcoin price plunges

Can something be a currency if everyone is either trading it instantly for USD or storing it under their "tech mattress", as opposed to being a medium of exchange? Today, I tried to understand the "transaction malleability" bug with bitcoins. I found this article that I thought ...
by adrift
Tue Feb 11, 2014 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Marginal tax rate: statutory 15%, effective 30%
Replies: 100
Views: 11992

Re: Marginal tax rate: statutory 15%, effective 30%

I think the chart does a good job of helping to visualize the calculation of tax on line 44 with respect to how LTCG&QDI are treated. I don't disagree with that. It took me a while to figure out when I first encountered the situation. I want to thank you for something you posted in an earlier t...
by adrift
Tue Feb 11, 2014 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Marginal tax rate: statutory 15%, effective 30%
Replies: 100
Views: 11992

Re: Marginal tax rate: statutory 15%, effective 30%

^adrift, can you be more specific. What do you mean by "total tax"? Your hypothetical tax increased by a certain amount. You can then divide the additional tax amount by different amounts of taxable income to get different ratios. If you divide the additional tax by the additional income,...
by adrift
Tue Feb 11, 2014 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Marginal tax rate: statutory 15%, effective 30%
Replies: 100
Views: 11992

Re: Marginal tax rate: statutory 15%, effective 30%

Of course for completeness, more sections would have to be added ... I agree it's too complicated ... It is complicated. But, it is not complete. I've been aware of the 30% rate for several years. I attempt to do ROTH conversions as close as possible to the top of the 15% bracket as I can. Using Tu...
by adrift
Sun Dec 15, 2013 3:03 am
Forum: Personal Consumer Issues
Topic: How much to replace a watch battery?
Replies: 59
Views: 79932

Re: How much to replace a watch battery?

Now I wear a Seiko Kinetic so no batteries for me. I tried this route. It was a clunky watch that died faster than any battery watch I ever had. I had it fixed once. It died again in a few months and I tossed it. I've owned several Seiko's over the years. I really liked the first one. It took a str...
by adrift
Mon Nov 25, 2013 2:50 am
Forum: Personal Finance (Not Investing)
Topic: Bitcoins as investment
Replies: 210
Views: 18989

Re: Bitcoins as investment

Short story - Dont mine bitcoins. Long Story - Since everything is distributed in the bitcoin world - IE: no bank system. User's computers can do calculations in exchange for bitcoins. Basically every time a transaction is completed (anywhere), more number crunching is necessary. I have a nice comp...
by adrift
Sat Jul 06, 2013 5:24 pm
Forum: Personal Consumer Issues
Topic: Is there any way to shield elderly mother from phone scams?
Replies: 46
Views: 3795

Re: Is there any way to shield elderly mother from phone sca

It was about my computer having a virus or malware something, the scammer was really convincing. By the way, the scammer's phone number was 206-456-0661 I received a version of this as well. The claim is that they are from Windows (I guess trying to make you think it's from Microsoft) and that they...
by adrift
Sat Mar 30, 2013 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: [POLL] Are zillow price estimates accurate for your home?
Replies: 62
Views: 7144

Re: [POLL] Are zillow price estimates accurate for your home

When I consider how to answer this, I have to bear in mind the caution that is required for purchasing mutual funds in mind. "Past Performance is Not Necessarily Indicative of Future Results" In zillow's case, this should read, '"Past Estimates are Not Necessarily Indicative of Previo...
by adrift
Wed Feb 13, 2013 5:17 am
Forum: Personal Finance (Not Investing)
Topic: Invite For Free Dinner CFP
Replies: 53
Views: 3483

Re: Invite For Free Dinner CFP

I'd be tempted to go once to see how good the steak was. We once went to one of these presentations. The venue was a conference hall owned by a local vineyard. I figured I'd at least get a nice glass of wine out of the deal. They really do have nice wine. This was in either 2006 or 2007. Before I w...
by adrift
Thu Feb 16, 2012 1:57 am
Forum: Investing - Theory, News & General
Topic: Developed+Emerging=Total International (Not)
Replies: 14
Views: 1478

Re: Developed+Emerging=Total International (Not)

Sometimes I regret that Canada is missing from my portfolio. But I have to wonder, does anything interesting (good or bad) ever really happen in Canada? Tar Sands? Seems like a big deal to me. I'm glad I have a dollop of Canada in my portfolio. My lovely wife ... she's even sweeter than Tar Sands.
by adrift
Sun Jan 22, 2012 12:17 am
Forum: Personal Consumer Issues
Topic: What Book Are YOU Currently Reading? Part IV. (07/04/2010)
Replies: 1507
Views: 372768

Re: What Book Are YOU Currently Reading? Part IV. (07/04/201

Greece's 'Odious' Debt by Jason Manolopoulos

Interesting read on what's going on in Greece and the broader Euro "odyssey".
by adrift
Wed Aug 17, 2011 1:53 pm
Forum: Investing - Theory, News & General
Topic: Why is gold not a bubble - yet
Replies: 138
Views: 13707

Why do people worry about gold being in a bubble in the first place? In 2007, it was pretty obvious to me that housing was in a bubble and that the sub-prime lending was unsustainable. I owned a house I wasn't going to sell. I didn't have a mortgage. I wasn't smart enough to understand why I should...
by adrift
Thu Apr 22, 2010 11:16 pm
Forum: Personal Consumer Issues
Topic: Holiday in India in July
Replies: 30
Views: 3848

I am leaning towards Agra, Jaipur, Udaipur. If you are going to be in Agra, I'd recommend including a visit to Fatehpur Sikri One extremely important bit of advice that I have not seen mentioned (although I may have missed it), is that you need to negotiate prices. Walk up to any taxi stand and you...
by adrift
Tue Oct 16, 2007 5:01 pm
Forum: Investing - Theory, News & General
Topic: VG Financial Engines Tool
Replies: 23
Views: 5424

It's actually in a column going down the right-hand side of the page, not left. Ooops. Sorry. It is the lower right. For me; it recommended only minor changes. It calls for more International exposure. This may be reasonable but it's hard to say since it doesn't understand about DLS. It also recomm...
by adrift
Tue Oct 16, 2007 3:03 pm
Forum: Investing - Theory, News & General
Topic: VG Financial Engines Tool
Replies: 23
Views: 5424

Is the FE your referring to different than Portfolio Analysis and Portfolio Tester Tool. I have never had either of those recommend a fund or replacing a fund with another. Maybe there are tools elsewhere on VG's website that I am not aware of? Yes it is different. You may or may not qualify. Avail...
by adrift
Thu Aug 23, 2007 8:41 pm
Forum: Investing - Theory, News & General
Topic: "...but we deserved a nice home"
Replies: 61
Views: 18267

"You should run the numbers through a mortgage broker right now" to see what you can and can't afford, Glassman said. The advantage to calling a mortgage broker now, Glassman added, is that "most brokers have more time than mortgage applications right now." I did get a chuckle o...
by adrift
Wed Jun 27, 2007 2:05 am
Forum: Investing - Theory, News & General
Topic: How much of your portfolio is in index funds?
Replies: 35
Views: 13586

. My first mission was to create the Rick Ferri Index . It is composed all the investments I already own, including Berkshire Hathaway. But since BRK and other normally active investments are now in my index, I must have a 100% indexed portfolio! Rick, Is there an ETF I can use to short this index?...
by adrift
Tue Jun 12, 2007 10:16 pm
Forum: Investing - Theory, News & General
Topic: Can Safe Withdrawl Amt be "Reset" aftr Good Yrs?
Replies: 70
Views: 26154

Daryll40,

What you are describing is addressed here:

http://www.retireearlyhomepage.com/popr.html
by adrift
Wed May 30, 2007 4:17 am
Forum: Investing - Help with Personal Investments
Topic: ROTH / IRA eligibility question
Replies: 11
Views: 4874

Re: That's what always thought.

In order to be eligible to contribute to an IRA, she needs to have earned income (i.e. from a job, not passive income from investments). Furthermore, foreign earned income does not count. So, she's not eligible. That is what I have always understood and thought! But can anybody find that in Pub 590...
by adrift
Tue May 29, 2007 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH / IRA eligibility question
Replies: 11
Views: 4874

In order to be eligible to contribute to an IRA, she needs to have earned income (i.e. from a job, not passive income from investments). Furthermore, foreign earned income does not count.

So, she's not eligible.
by adrift
Sun May 06, 2007 3:34 pm
Forum: Investing - Theory, News & General
Topic: Total Return Charts
Replies: 24
Views: 11988

Wouldn't it be awesome if there were a charting tool where you could enter a whole portfolio of symbols and back-test its entire performance? Even better than just a chart, also include a computation of the annualized return and the standard deviation. And allow you to adjust the percentages of eac...
by adrift
Wed Apr 18, 2007 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Car colors
Replies: 36
Views: 16103

If you can tell what colour it is under all the mud, you just aren't having enough fun.
by adrift
Sun Apr 08, 2007 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Using borrowed IRA to pay down Equity line of credit
Replies: 6
Views: 2179

http://www.irs.gov/pub/irs-pdf/p590.pdf

The rules are described here. You have to wait a year between rollovers.
by adrift
Sun Apr 08, 2007 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Dilemma: sell active funds if lose ROTH IRA contribution?
Replies: 8
Views: 2358

Re: charitable contributions?

Another possibility is to make a charitable contribution of the portion of the holdings with the greatest unrealized capital gains equal to the total capital gains of the rest of the holdings and then sell what's left. This way your charitable contribution off sets your capital gains income and sho...
by adrift
Fri Apr 06, 2007 2:45 pm
Forum: Investing - Theory, News & General
Topic: Fun with m* stock intersection tool, comments or compare?
Replies: 5
Views: 2385

You're drawing more precise conclusions than are warranted from the data that M* presents. M*'s overlap tool will only include the largest holdings (I think the top 50) from each of the funds in your portfolio. So, you could have a fund where the 51st holding is not included in the results. But, sti...
by adrift
Wed Mar 28, 2007 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Recharacterization
Replies: 2
Views: 1439

Timing. The election to recharacterize and the transfer must both take place on or before the due date (including extensions) for filing your tax return for the year for which the contribution was made to the first IRA. Extension. Ordinarily you must choose to recharacterize a contribution ...