Search found 1190 matches

by lawman3966
Sun Sep 20, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: 2 passports- traveling between US and Canada help
Replies: 17
Views: 1301

Re: 2 passports- traveling between US and Canada help

I looked up the laws around 2017 and as long as travel was between Canada and the U.S., as I recall, there was no need for dual citizens to have both passports. I have shown my U.S. passport at both border crossings and have never had a problem. Apparently, they have changed that rule for the Covid...
by lawman3966
Sun Sep 20, 2020 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: 2 passports- traveling between US and Canada help
Replies: 17
Views: 1301

Re: 2 passports- traveling between US and Canada help

I am a dual Canadian-U.S. citizen living in the U.S., and at that, in Washington state. I only have a U.S. passport. The last time I looked into getting a Canadian passport, I needed some long-term references, and it just didn't seem worth the hassle. I have traveled to Canada several times in the l...
by lawman3966
Sat Sep 12, 2020 3:23 pm
Forum: Personal Consumer Issues
Topic: Getting HBO on Multiple Platforms
Replies: 13
Views: 737

Re: Getting HBO on Multiple Platforms

Thanks. I will look into getting a Chromecast (C-cast) for the one non-smart TV. You mentioned getting two Chromecasts. It doesn't seem that I should need a C-cast for the smart tv. Am I wrong about that? Smart tv means different things to different manufacturers. But in general just because it is ...
by lawman3966
Sat Sep 12, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: Getting HBO on Multiple Platforms
Replies: 13
Views: 737

Re: Getting HBO on Multiple Platforms

I would say to forget about getting your landlord to subscribe to HBO and then he/she giving you his/her credentials. Get a streaming device like the Chromecast you mentioned, Apple TV, etc. Subscribe to HBO Max through the HBO website or the app. I would not subscribe through iTunes. As an earlier...
by lawman3966
Sat Sep 12, 2020 9:07 am
Forum: Personal Consumer Issues
Topic: Getting HBO on Multiple Platforms
Replies: 13
Views: 737

Re: Getting HBO on Multiple Platforms

You want to use a 4 devices at once? That could be a problem since hbo maximum simultaneous users per account is 3. If you only want to use 3 or fewer devices at one time I would get 1 hbo max account and 2 chromecasts for your TVs (way cheaper than appletv). The android and laptop can stream it. T...
by lawman3966
Sat Sep 12, 2020 12:00 am
Forum: Personal Consumer Issues
Topic: Getting HBO on Multiple Platforms
Replies: 13
Views: 737

Getting HBO on Multiple Platforms

This may seem obscure for an investment forum, but why not take advantage of the braintrust of this board. I'm a tenant in a home that has Wifi and very basic Cable TV from Comcast/Xfinity. I seek to get a single HBO subscription that would enable me to access HBO on at least four different platform...
by lawman3966
Tue Aug 18, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving Seattle or Vancouver, WA
Replies: 88
Views: 6254

Re: Thinking of moving Seattle or Vancouver, WA

This territory nay have been covered, but I'll add my 2 c worth anyway. There are a lot of places in this area other than Seattle and the other congested cities. If you're reasonably healthy and can explore a little, I'd check out the various distributed towns and cities of WA. There's a lot of natu...
by lawman3966
Thu Aug 13, 2020 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Private University Apartments Leases during Covid
Replies: 64
Views: 3720

Re: Private University Apartments Leases during Covid

I skimmed the comments but didn't see that anyone suggested that you consult a lawyer. The contract terms of Frustration or Impracticability may apply in this case. I'm not a lawyer but have seen these terms come up in articles about topics like this one. It may be worth at least getting an initial ...
by lawman3966
Sat Aug 01, 2020 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Unlocking Wells Fargo Online Access
Replies: 2
Views: 391

Unlocking Wells Fargo Online Access

On Friday 7/31, I must have looked at the wrong text message stream when entering my verification code and ended up entering the wrong code three times. My access was locked and I was provided with a phone number to call to remedy the situation. I called and spoke to a sequence of agents, having to ...
by lawman3966
Tue Jul 21, 2020 6:00 pm
Forum: Personal Consumer Issues
Topic: Smartphone security
Replies: 14
Views: 976

Re: Smartphone security

oldfort wrote: Tue Jul 21, 2020 5:57 pm Symantec token doesn't change the equation. A hacker could tell them you no longer have access to that either.
I was referring to Schwab having a record of my voice on file impeding the ability of a hacker to pretend to be me on the phone.
by lawman3966
Tue Jul 21, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: Smartphone security
Replies: 14
Views: 976

Re: Smartphone security

IMO, 2 vulnerabilities with smartphones: 1. Hacker gains direct access to your smartphone. If your phone has mobile banking app, the hacker can drain your funds in minutes. Or, he can use your email to reset passwords within 10 minutes. 2. Sim swaps and steals your 2FA. What do I do? 1. I assume on...
by lawman3966
Mon Jul 20, 2020 3:42 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable Proposal to Avoid Paying Double Rent
Replies: 6
Views: 942

Reasonable Proposal to Avoid Paying Double Rent

I'm currently paid up to the end of August in my current place and currently under consideration for a new place. Given their druthers, the new landlords would prefer that I pay rent starting August 1st in spite the late date at which we're now negotiating this matter. This would require paying doub...
by lawman3966
Sun Jul 19, 2020 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: What causes bedroom to deteriorate?
Replies: 8
Views: 1401

What causes bedroom to deteriorate?

This question is part of an effort to narrow down the possible causes of an air quality change in my bedroom. Sorry if any of the answers seem obvious. I have a house-sharing arrangement in which there is limited ventilation. At times, I can open a sliding window at one end of the building,a garage ...
by lawman3966
Fri Jul 17, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Mom Has $2K Net Worth at 62 - Want to Help
Replies: 120
Views: 11302

Re: Mom Has $2K Net Worth at 62 - Want to Help

Not to sound unsympathetic, but this tale of woe in retirement is somewhat underwhelming. Distilling her income and assets into a simpler form gives us: Net worth: $117K ( real estate equity, but readily convertible into liquid assets). Income: $2500/Month (in combined SS and pension). I know that t...
by lawman3966
Sun Jul 12, 2020 10:51 pm
Forum: Personal Consumer Issues
Topic: How to Get Rid of an Old Car
Replies: 40
Views: 3524

Re: How to Get Rid of an Old Car

However you get rid of it, make sure to retain a copy of the document showing that you no longer own it. That's in case a subsequent driver gets into an accident.
by lawman3966
Mon Jul 06, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: Does it really matter when you claim Social Security
Replies: 109
Views: 9366

Re: Does it really matter when you claim Social Security

If you've got the time and the interest, there is research by Shoven and Slavov discussing this topic at length. As I recall, those authors concluded that the selection of the optimal time to start SS benefits comes down to two factors: (1) real interest rates; and (2) expected longevity. Higher rea...
by lawman3966
Thu Jun 18, 2020 6:08 am
Forum: Personal Finance (Not Investing)
Topic: Tax Treatment of Foreign Gift to U.S. Citizen from Family Member
Replies: 3
Views: 337

Re: Tax Treatment of Foreign Gift to U.S. Citizen from Family Member

Is your sister a covered expatriate? If so, you need to pay high tax (about 40%) of the gift. I'm hoping that she's not a covered expatriate. The rules regarding that are covered by IRS Section 2801, which does not appear to be in effect yet. According to summaries of the law that I've seen on law ...
by lawman3966
Wed Jun 17, 2020 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Treatment of Foreign Gift to U.S. Citizen from Family Member
Replies: 3
Views: 337

Tax Treatment of Foreign Gift to U.S. Citizen from Family Member

I've asked about this situation before, but the plot has since thickened, so the issues are now different. The background: My mother passed away in the Fall of 2019 leaving an estate that has still to be probated. The bulk of my mother's holdings, while living, was invested in a paid-off condo worth...
by lawman3966
Tue Jun 09, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: Good dusting cloth (that doesn't just move dust around) Also Air Purifiers?
Replies: 41
Views: 2687

Re: Good dusting cloth (that doesn't just move dust around) Also Air Purifiers?

Having recently bought a new air purifier, I thought I'd chime in here. I got a Medify MA-40 unit that was very well reviewed. It works well. It does make a fair amount of noise on the highest setting though. I use mine in a large common area that is separated from my sleeping area by a door. This u...
by lawman3966
Sun Jun 07, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Escape from the House of Dust and Mold
Replies: 7
Views: 1227

Escape from the House of Dust and Mold

Just over a month ago, I selected a new rental unit here in Washington state. It's what's known as a Mother In Law (MIL) unit. It has two bedrooms and a bathroom that are separate from the remainder of the house, but does have a separate kitchen. I signed a six-month lease for the unit starting May ...
by lawman3966
Tue Jun 02, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Canadian Citizenship - any downsides?
Replies: 99
Views: 7517

Re: Adding Canadian Citizenship - any downsides?

One category of benefits that springs to mind is the right to participate in a whole host of social benefits, including Canada's national health care plan, as administered by the various provinces. Doing the above would require obtaining Canadian residency and subjecting yourself to the tax levels t...
by lawman3966
Thu May 28, 2020 12:03 am
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 94
Views: 8847

Re: Anyone screwed up timing the market?

I got out in march, saw the market drop further and then rise, rise, rise and now, if the market doesn´t come down again, I have missed the boat :oops: Anyone else who learned not to time the market? I did _some_ badly timed panic selling, but only reduced my stock percentage from about 60% to abou...
by lawman3966
Sun May 24, 2020 8:23 pm
Forum: Personal Investments
Topic: Question about Edward Jones disapproval
Replies: 44
Views: 4657

Re: Question about Edward Jones disapproval

Thanks all for the advice. We work in a field where it's difficult not to get pretty close with our coworkers, so he and I are on very good terms and I know he wouldn't mind at all if I gave him advice. My uncertainty was in part just not being sure if he would take any of my advice to heart. I'll ...
by lawman3966
Sun May 24, 2020 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8986

Re: Investors: be aware of weakness in 2FA + strengthening

I have ordered a Yubikey and hope to add this security feature to accounts at Schwab, Vanguard, and Fidelity.

Can anyone provide any feedback regarding the method for adding Yubikey to accounts at these companies and how it has worked for you.
by lawman3966
Wed May 20, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: Sometimes, Selling Stocks _RAISES_ Prices
Replies: 4
Views: 334

Sometimes, Selling Stocks _RAISES_ Prices

Last week, in response to responsible, well-reasoned advice from seasoned economists and investment industry professionals, I lowered my exposure to equities in the face of predictions of long-term structural damage to the U.S. and world economies. So . . . the market's up about 4% since that "respo...
by lawman3966
Wed May 20, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off job 1 and have to quit job 2 - How to File for UI
Replies: 12
Views: 1050

Re: Laid off job 1 and have to quit job 2 - How to File for UI

Having had a career in the Law while disabled, I've had my share of turmoil with employers, and wanted to add my thoughts on this point. You may be exaggerating the difference between being fired and resigning under pressure. I've completed questionnaires, possibly for a state bar exam application, ...
by lawman3966
Sun May 17, 2020 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Security at Schwab in Light of SIM Hack Concerns
Replies: 3
Views: 478

Security at Schwab in Light of SIM Hack Concerns

Before posting, I read an earlier thread on this topic with regard to security at Vanguard. The consensus seemed to be that Vanguard had safeguards in place that would require more than cell phone access to withdraw money. In anticipation of an overseas retirement, about six months ago, I moved a su...
by lawman3966
Sat May 16, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7662

Re: Does Delaying Social Security Deliver an 8% Return?

There are papers on this topic written at anadvanced level. Two authors who come to mind are Shoven and Slavov. They wrote that SS benefits were intended to be actuarially neutral for a specified real interest rate and a specified longevity. IIRC, the specified real interest rate was 2%, and the spe...
by lawman3966
Fri May 15, 2020 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How to handle possible Mold issue in Rental
Replies: 10
Views: 762

Re: How to handle possible Mold issue in Rental

5. Is the rental unit prone to humidity? Lack of ventilation? ( I have had rental units where this was a consistent problem for many decades just because of location, lack of ventilation, and poor design) I'd say yes to both of the above. Ventilation: The only ventilation is the occasional operatio...
by lawman3966
Fri May 15, 2020 1:38 am
Forum: Personal Finance (Not Investing)
Topic: How to handle possible Mold issue in Rental
Replies: 10
Views: 762

How to handle possible Mold issue in Rental

I recently signed a six-month lease for a rental unit in Washington state starting on May 1st. I began experiencing some coughing after moving in and assumed that it was dust emerging from the heating air ducts and floor registers. I brought some air purifiers to the unit and run them both within on...
by lawman3966
Wed May 06, 2020 9:50 pm
Forum: Personal Investments
Topic: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental
Replies: 14
Views: 1665

Re: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental

Why does this give you any more safety or tax advantage than you already have? Sorry for the delay in responding. It appears that a prior reply of mine got accidentally deleted. Others have effectively argued that the tax break would be minimal to non-existent due to the mortgage interest deduction...
by lawman3966
Sun May 03, 2020 10:03 pm
Forum: Personal Investments
Topic: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental
Replies: 14
Views: 1665

Re: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental

buhlaxtus wrote: Sun May 03, 2020 9:52 pm Why does this give you any more safety or tax advantage than you already have?
Paying the mortgage with IRA withdrawals sets up a tax deduction which should help cancel out the tax due on the withdrawals.
by lawman3966
Sun May 03, 2020 9:31 pm
Forum: Personal Investments
Topic: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental
Replies: 14
Views: 1665

Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental

I have been considering ideas for isolating from Covid efficiently (I don't currently own a home) and separately am looking for some type of tax shelter for about $500K in tax-deferred investments in a mix of TIRAs and 401Ks. It occurred to me that I could buy a modestly priced home, around $350K, t...
by lawman3966
Thu Apr 30, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Lease Enforceability for Mother-In-Law Unit
Replies: 8
Views: 942

Lease Enforceability for Mother-In-Law Unit

In order to better isolate myself from the virus, I am looking to move into a mother-in-law unit (also called an in-law suite). After seeing the property and reading the info at the site linked below, the MIL unit seems like it could be illegal: exit through a garage; no separate mailing address; no...
by lawman3966
Fri Apr 03, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Isolating from Roommates
Replies: 4
Views: 624

Isolating from Roommates

This post pertains to a decision about where to live in light of the virus situation. For my main residence, I rent a room from a couple in their seventies who are both my landlords and roommates. In mid-march, to my surprise and disappointment, in spite of the circumstances, my landlord-roommates t...
by lawman3966
Mon Mar 09, 2020 1:44 pm
Forum: Personal Investments
Topic: Market down over 6% today
Replies: 56
Views: 6027

Re: Market down over 6% today

ARGH!!! THE SKY IS FALLING!!! THE SKY IS FALLING!!! [runs face first into a wall] Seriously you'd think Covid19 is the 21st century black death. If you feel that the public reaction is unwarranted, is that an argument in favor of adding to equity positions, which at this moment are down about 20% f...
by lawman3966
Sun Feb 02, 2020 12:18 am
Forum: US Chapters
Topic: Any interest in a central New Jersey chapter?
Replies: 36
Views: 5510

Re: Any interest in a central New Jersey chapter?

I was the coordinator of the old NJ chapter, which no longer exists because I left NJ. New Jersey chapter needs new coordinator is an old thread on which some people had expressed interest. If you do get a chapter started, I can turn over the ownership of the chapter mailing list to the new coordin...
by lawman3966
Thu Jan 16, 2020 1:30 pm
Forum: Personal Investments
Topic: Most Reliable Insurance Company (SPIA for Retirement)
Replies: 20
Views: 1607

Re: Most Reliable Insurance Company (SPIA for Retirement)

While this doesn't directly answer your question, the below addresses the concern at issue here. Walter Updegrave of CNN once recommended a diversification strategy for retirement investing that included annuities. He said to put 1/3 of one's assets into annuities and to further split that 1/3 of as...
by lawman3966
Fri Jan 10, 2020 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118247

Re: Why are you NOT buying rental properties?

One reason I don't plan to invest in RE locally (Seattle area) is the trend toward laws that are increasingly burdensome to LLs. On other fora I frequent, LLs from California vent day and night about the hassles they have with tenants and with regulations that are both expensive and, in their view, ...
by lawman3966
Sat Jan 04, 2020 10:46 pm
Forum: Investing - Theory, News & General
Topic: Why all the angst about RMDs and taxes?
Replies: 177
Views: 13127

Re: Why all the angst about RMDs and taxes?

Some people know about the need to pay ordinary income tax on the withdrawal itself, but aren't aware of the sometimes multiple "torpedo" effects of having tax relief on social security, dividends, and LTCGs reversed due to the RMDs pushing taxable income past various relevant income thresholds. Her...
by lawman3966
Mon Dec 30, 2019 7:35 am
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Re: Last Minute Roth Conversion Question

In the top post, I, perhaps unwisely, cited my SSDI income going forward, which for 2020 is 28560. It was less for 2018, about 27,400. The online system found that none of my SSDI income was taxable. My tax return copy shows a total income of 21.2K and a taxable income of 9.2K. Perhaps you could lo...
by lawman3966
Sun Dec 29, 2019 7:27 pm
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Re: Last Minute Roth Conversion Question

I have edited the top post to add the information you recite as important above. I repeat it below: Taxable income for 2018: $9K (few changes to my income and investments since then). Tax Exempt Interest: 0 Cap Gains: $8,515, including . . . Cap Gains Distributions: $1,416 (cap gains distributions ...
by lawman3966
Sun Dec 29, 2019 2:23 pm
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Re: Last Minute Roth Conversion Question

At the risk of being told to go figure this out myself, I'm still going to try and see if there's some consensus on the forum as to how I should proceed, while acknowledging that I waited until the eleventh hour to ask. My numbers: Age: 60 Single, No kids. Tax-deferred: $500K Roth: $150K Taxable: $...
by lawman3966
Sat Dec 28, 2019 9:06 pm
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Re: Last Minute Roth Conversion Question

HomeStretch wrote: Sat Dec 28, 2019 8:47 pm Without a detailed analysis, consider converting up to at least the top of the 12% bracket.
Thank you. If I read this correctly, this would entail converting about $30K. Please correct this if I'm wrong.
by lawman3966
Sat Dec 28, 2019 9:01 pm
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Re: Last Minute Roth Conversion Question

Depends. What's your marginal tax bracket (Federal and State)? Do you expect to be in a higher or lower tax bracket when you would otherwise take distribution of the tax-deferred IRA? I edited the top post to include marginal income tax rates. They are: 10% federal; and 0% state. I don't expect my ...
by lawman3966
Sat Dec 28, 2019 8:41 pm
Forum: Personal Investments
Topic: Last Minute Roth Conversion Question
Replies: 17
Views: 1694

Last Minute Roth Conversion Question

At the risk of being told to go figure this out myself, I'm still going to try and see if there's some consensus on the forum as to how I should proceed, while acknowledging that I waited until the eleventh hour to ask. My numbers: Age: 60 Single, No kids. Tax-deferred: $500K Roth: $150K Taxable: $1...
by lawman3966
Sat Dec 21, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Millionaire Teacher - Andrew Hallam
Replies: 70
Views: 10928

Re: Millionaire Teacher - Andrew Hallam

If you include in the wealth calculation the value of pensions and health care plans, many teachers are millionaires many times over.
by lawman3966
Fri Dec 06, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: How I Nearly Gave Out My Data
Replies: 5
Views: 1350

How I Nearly Gave Out My Data

I first posted about this in response to another person's post about having given up his personal data. Several posters asked the OP to describe how the scammer managed to get his information. My other post doesn't seem to have gotten much attention so I am reposting here. This happened in 2017. I w...
by lawman3966
Fri Dec 06, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Gave all personal info to phone scammer
Replies: 31
Views: 5255

Re: Gave all personal info to phone scammer

I'm not the OP, but am posting to explain how one scammer nearly got some vital information from me in 2017, in case it's helpful to others. I was visiting Canada, and had just taken a series of Uber rides. As has happened to me on other occasions where my credit card usage pattern changed abruptly,...