Search found 96 matches

by wrysys
Thu May 25, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing mortgage question with extra payments
Replies: 5
Views: 992

Re: Refinancing mortgage question with extra payments

jimb thanks for the detailed, detailed reply. Helpful. also thanks to the others for help. Yes the main unknown are the closing/transaction costs. I just started scanning the rates since they will start creeping up. Quick internet searching shows I could get 2.75-3 % for 10 yr fixed loans. But it se...
by wrysys
Wed May 24, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing mortgage question with extra payments
Replies: 5
Views: 992

Refinancing mortgage question with extra payments

Hello, have tried using the mortgage professors calculator to see if it is worth refinancing, but it is broken and shows a server error when you hit calculate. Is there another one that can deal with extra payments? Right now we have about 392K in principal on the mortgage, 3.375 % interest. Because...
by wrysys
Sun Feb 21, 2016 4:43 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvest in february? any issues vs TLH in dec?
Replies: 3
Views: 685

Tax loss harvest in february? any issues vs TLH in dec?

Is there any downside or special issues to be aware of when selling funds for a loss in the first few quarter of the year ? I'm trying to offset a large gain for a stock for 2015 but the 1099 have already been sent out. Is there any special issue with this or reporting to IRS? thanks since i usually...
by wrysys
Wed Nov 25, 2015 1:38 pm
Forum: Personal Consumer Issues
Topic: skylight condensation in bathroom - how to deal
Replies: 14
Views: 2853

Re: skylight condensation in bathroom - how to deal

thanks for tips. fan is too far from the skylight. it's new and the skylight is new velux. sounds like short shower it is or have my wife wipe down the skylight each time
by wrysys
Wed Nov 25, 2015 12:58 am
Forum: Personal Consumer Issues
Topic: skylight condensation in bathroom - how to deal
Replies: 14
Views: 2853

skylight condensation in bathroom - how to deal

We have a skylight above our shower and are getting major condensation on the metal frame and glass. We have a fan but it's too far from the shower. Will a dehumidifier on the floor help with this? are there any dryers/dehumidifers that can be mounted near the skylight? any other advice from others ...
by wrysys
Wed Oct 21, 2015 11:38 am
Forum: Investing - Help with Personal Investments
Topic: help with stock sale from company buyout, figuring out basis
Replies: 2
Views: 503

Re: help with stock sale from company buyout, figuring out basis

The employment agreement simply said she was being given X number of shares in the company with no language about options or vesting, so that is why I didn't bring that up (although the link is very useful for future reference).
by wrysys
Tue Oct 20, 2015 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: help with stock sale from company buyout, figuring out basis
Replies: 2
Views: 503

help with stock sale from company buyout, figuring out basis

Help/advice requested. My wife's company was bought out by another and the new company gave the partners shares of stock, which we decided to sell. We've tried to ask HR and everyone via email to get the cost basis to determine taxes but cannot get an answer. I am guessing that the cost basis would ...
by wrysys
Tue Aug 25, 2015 10:58 pm
Forum: Investing - Theory, News & General
Topic: Is tax loss harvesting always worth all the fuss?
Replies: 68
Views: 11214

Re: Is tax loss harvesting always worth all the fuss?

quick question not too off topic I hope: if wife and I are married filing jointly, does the wash sale rule apply across both our portfolios?
by wrysys
Sun Aug 23, 2015 10:19 pm
Forum: Investing - Theory, News & General
Topic: TLH not very helpful in Cali, and high income?
Replies: 1
Views: 591

TLH not very helpful in Cali, and high income?

Am torn about the value of TLH with this market dip. We have >30K in LT capital losses and no gains. In Cali all cap gains are taxed at 13% and we are at the highest marginal tax bracket. It seems many here try to TLH whenever they can, but other articles say the benefit is overstated vs "hanging on...
by wrysys
Thu Jul 23, 2015 9:23 am
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 87
Views: 16551

Re: The Good the Bad and the Ugly of real estate

Thanks for sharing your experience and IRR with rental properties. So even with the tax breaks over the time, was it the maintenance/upkeep that cancelled the tax savings? I'm interested in what items/events lead to the IRR turning negative. Did you do much of the maintenance yourself or outsource t...
by wrysys
Sat May 16, 2015 11:27 am
Forum: Personal Consumer Issues
Topic: shower glass coating that resists stains? does it work?
Replies: 10
Views: 5753

Re: shower glass coating that resists stains? does it work?

great replies. It'd be about $10 a month for the coating for 2 years. rainx is $8 for a 16 oz bottle. I doubt I'd go through a bottle a month so sounds like that'll work, unless the rain x has bad chemicals in it.
by wrysys
Thu May 14, 2015 7:04 pm
Forum: Personal Consumer Issues
Topic: shower glass coating that resists stains? does it work?
Replies: 10
Views: 5753

shower glass coating that resists stains? does it work?

Got a quote to replace a glass shower enclosure, just a 3x 4 feet. Cardinal glass has a "10yr" glass coating to resist stains. Not cheap and would add extra $120 to cost. Anyone have any experience with this? Does it work?

http://tools.cardinalshower.com/10/index.htm
by wrysys
Mon Dec 15, 2014 11:24 pm
Forum: Personal Consumer Issues
Topic: freezer door won't stay closed GE profile
Replies: 8
Views: 5785

Re: freezer door won't stay closed GE profile

no latch i can see. just the gasket. i thought elevating the front (a new thing i learned) with the screws in the screen at the bottom would've cured the problem but no luck
by wrysys
Mon Dec 15, 2014 11:20 pm
Forum: Personal Consumer Issues
Topic: Need help with men's exercise clothes please
Replies: 55
Views: 5960

Re: Need help with men's exercise clothes please

under armor is pretty cheap quality . on amazon salomon and champion are good brands. anything is better than cotton, if you pay more you may get slightly faster drying and stink resistance with silver fibers but this is only partly effective
by wrysys
Mon Dec 15, 2014 10:45 pm
Forum: Personal Consumer Issues
Topic: freezer door won't stay closed GE profile
Replies: 8
Views: 5785

freezer door won't stay closed GE profile

house has GE profile with side by side doors. Freezer pops open with closing the refridge door just barely. I turned the screws at the bottom as far as I could to try and elevate the front, put some vaseline on the gasket, but I still found the freezer slightly ajar with frost inside. any suggestion...
by wrysys
Thu Dec 04, 2014 11:54 pm
Forum: Personal Consumer Issues
Topic: Do you have a gas insert fireplace? which brand?
Replies: 4
Views: 1074

Do you have a gas insert fireplace? which brand?

So interesting that there seem to be many brands of gas inserts. Last place had a regency gas fireplace (put inside old wood burning fireplace) with direct venting. It puts out quite a bit of heat. Which brands do others recommend. Could not find any comparisons online or CR style testing. thanks
by wrysys
Thu Nov 20, 2014 6:14 pm
Forum: Personal Consumer Issues
Topic: how to replace a downdraft vent with cooktop stove
Replies: 4
Views: 1611

Re: how to replace a downdraft vent with cooktop stove

thanks. so how much was the duct work?
by wrysys
Thu Nov 20, 2014 4:37 pm
Forum: Personal Consumer Issues
Topic: how to replace a downdraft vent with cooktop stove
Replies: 4
Views: 1611

how to replace a downdraft vent with cooktop stove

Our house has an old GE profile electric cooktop with a downdraft. The downdraft doesn't work well. The cabinet underneath the stove has a vent which goes to outside of the house via crawlspace duct. The old coil electric range is fine, but I'm wondering whether to 1) add a Broan popup style downdra...
by wrysys
Mon Nov 17, 2014 1:22 pm
Forum: Personal Consumer Issues
Topic: Did you energy upgrade california and save money?
Replies: 7
Views: 3258

Re: Did you energy upgrade california and save money?

Thanks for the tips. I looked at reviews for some of PGE listed contractors (with this "BPI certified" designation which I have no idea means anything) and will get the audit. I'd like to start with the highest yield, easy fixes.
by wrysys
Sun Nov 16, 2014 11:24 pm
Forum: Personal Consumer Issues
Topic: Did you energy upgrade california and save money?
Replies: 7
Views: 3258

Did you energy upgrade california and save money?

I'm wondering if the energy upgrade California program is worthwhile. Local contractors advertise this, do energy audits, recommend changes and state gives rebates up to 4500. The key words are "up to" so I'm asking if others have done this. We just got a home > 50 yrs old and I'm sure there are way...
by wrysys
Sat Oct 25, 2014 9:50 am
Forum: Personal Consumer Issues
Topic: Conflicting home inspection reports
Replies: 5
Views: 1193

Re: Conflicting home inspection reports

thanks folks. It's true that the area we're looking at well known to have clay and expansive soils; the inspectors I hired said that foundation cracks in a 60 year old home are to be expected. they said that it was in fair shape for its age, although there is some floor sloping. Like you said, the l...
by wrysys
Fri Oct 24, 2014 11:50 pm
Forum: Personal Consumer Issues
Topic: Conflicting home inspection reports
Replies: 5
Views: 1193

Conflicting home inspection reports

So we are looking to possibly buy an old home from the 1950s. We have an inspection contingency and are going to talk to the sellers this weekend and hopefully get them to pay for items. Here are the varying pest reports we have: 1) Seller's pest report: termites and wood boring beetles noted in man...
by wrysys
Thu Oct 09, 2014 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 12511

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

mortgage lending standards are tougher than pre-2008. People wrecked their credit, are going between jobs, have unsteady cash flow -- this means you can't get a mortgage
by wrysys
Mon Oct 06, 2014 5:07 pm
Forum: Personal Consumer Issues
Topic: Which home inspectors/trademen did you use?
Replies: 5
Views: 832

Which home inspectors/trademen did you use?

Learned some good tips on the forum, esp hiring a contractor/tradesmen to do the inspection, not an inspector. However, I'm interested to hear what is most important as I'd rather not hire plumber/electrician/structural engineer/roofer. Some of the homes in our area have soil issues so a struc engin...
by wrysys
Tue Sep 16, 2014 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Low down payment and invest or big down payment?
Replies: 7
Views: 2120

Low down payment and invest or big down payment?

I've always been averse to debt and always thought putting 20% down minimum for home loan was the way to go, if not more. I was working towards 35%. A friend said he put 5% down, got 3% interest/30 yr fixed and invests what would have been the 20% downpayment. He thinks he can always get more than 3...
by wrysys
Sun Sep 14, 2014 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Reality check (house purchase)
Replies: 16
Views: 2650

Re: Reality check (house purchase)

we are in similar situation in considering buying with rising rents. In the US, because mortgages are subsidized by the gov't, it is easy to resent your landlord and pretend you have the 'freedom' of owning your own home. i've learned that this is a false belief. if you look at the nyt buy/rent calc...
by wrysys
Thu Aug 21, 2014 6:20 pm
Forum: Personal Consumer Issues
Topic: Kimchi
Replies: 40
Views: 3224

Re: Kimchi

As a Korean, kimchi is the national dish, akin to apple pie and hot dogs in the US. In fact, there is a popular song about it and how in essence, as a Korean you cannot live without it. As this is a business oriented site, kimchi wars have occurred such that Chinese kimchi was essentially banned fro...
by wrysys
Sun Jul 27, 2014 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Old people and financial advisors - a family tale
Replies: 75
Views: 7946

Re: Old people and financial advisors - a family tale

Didn't you folks read this? brokers have fought the fiduciary pledge. I'd forget about calling the broker. http://www.nytimes.com/2014/06/13/your-money/rule-to-make-brokers-act-in-clients-interest-still-pending-after-4-years.html?_r=0 The broker will say that he cares deeply about every single one o...
by wrysys
Sat Jul 26, 2014 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Old people and financial advisors - a family tale
Replies: 75
Views: 7946

Re: Old people and financial advisors - a family tale

Respect your caring for him, but I had the same experience with my family. Found out someone had hired a "trusted" ML adviser who was churning and adding to > 80 stocks. I had them fire their advisor, go with indexing, and it worked out, but not with the delicate pyschosocial situation you mention. ...
by wrysys
Tue Jul 15, 2014 11:31 pm
Forum: Investing - Theory, News & General
Topic: Man turned $2 m into 187 million and gave it away
Replies: 7
Views: 2956

Man turned $2 m into 187 million and gave it away

Read the Jack MacDonald story -- one of those anonymous old guys who wears 20 year old sweaters, secretly amasses millions and is suddenly found to be worth >100 m. He apparently was a stockpicker, and turned a $2m inheritance into 187 million over 60 years. The money all went to Seattle charities w...
by wrysys
Wed Mar 05, 2014 1:15 am
Forum: Investing - Theory, News & General
Topic: small cap value tax shuffle advice
Replies: 12
Views: 810

Re: small cap value tax shuffle advice

grabiner: thanks for the advice. When i looked at the after tax yield on the vanguard site for VSIAX I felt better. 29.23% pretax, 28.36% after distribution tax (not including state). The tax drag hurts much more when you look at the dollars due come April. I think i'll just stop adding to it.
by wrysys
Tue Mar 04, 2014 10:25 am
Forum: Investing - Theory, News & General
Topic: small cap value tax shuffle advice
Replies: 12
Views: 810

small cap value tax shuffle advice

have small cap value (VSIAX) in taxable. in a two earner household we are in the highest tax bracket, I'm wondering what others would advise re how to adjust things in my taxable account. I read grabiner's detailed posts, and from my limited grasp, it seems tax managed small cap offers little added ...
by wrysys
Sun Feb 16, 2014 9:04 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate
Replies: 91
Views: 10735

Re: Safe Withdrawal Rate

Nice discussion and appreciate Mr. Larimore's input as usual. So the web says 1M in 1982 is equal to 2.47M today, and the average home in 1982 cost around 70K. The massive home price appreciation in the past 30 years will probably not occur in the next 30. Although I am glad we don't need to call br...
by wrysys
Sun Feb 16, 2014 8:42 pm
Forum: Investing - Theory, News & General
Topic: If tax rates have gone way up for you -
Replies: 17
Views: 2232

Re: If tax rates have gone way up for you -

watty; thanks for the math, and I was wondering if I was worrying about it too much. Since I don't have much tax advantaged space but want to tilt to small value, perhaps I just need to accept the added tax. I do not reinvest my dividends but if you want a value tilt the issue still remains. The ide...
by wrysys
Sun Feb 16, 2014 12:47 pm
Forum: Investing - Theory, News & General
Topic: If tax rates have gone way up for you -
Replies: 17
Views: 2232

Re: If tax rates have gone way up for you -

just started an hsa this year, max out our 401k's each year. so that's about 40k
by wrysys
Sun Feb 16, 2014 11:51 am
Forum: Investing - Theory, News & General
Topic: If tax rates have gone way up for you -
Replies: 17
Views: 2232

If tax rates have gone way up for you -

How have you changed your investments? As a two earner couple living in California, our taxes have significantly climbed and my tax preparer pointed out repeatedly that the dividends from small cap value with be subject to the new 3.8 investment tax. Small value has done well for us, we have a large...
by wrysys
Fri Feb 07, 2014 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help with EIN, SSN confusion on W2
Replies: 3
Views: 475

Help with EIN, SSN confusion on W2

A few years ago I applied and got an EIN as I was a sole proprietor. I then joined another company and have received W2 for the past several years with my EIN. I've always filled out my taxes with my SSN and it seemed never to be a problem. Investment accounts also use my SSN. My new tax preparer sa...
by wrysys
Wed Jun 19, 2013 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for parents changing from merill to vg
Replies: 11
Views: 1646

Re: Advice for parents changing from merill to vg

The FP was paid only a single fee to evaluate all their financials and give recommendations. He does not manage money but he does offer ongoing advice and payments depend on the frequency of calls and checkups. He does not take any payments from any financial companies. These points were critical to...
by wrysys
Mon Jun 17, 2013 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for parents changing from merill to vg
Replies: 11
Views: 1646

Advice for parents changing from merill to vg

We met with a fee only planner who thankfully reviewed all their finances and recommended that my parents stop paying their Merill advisor tens of thousands per year to invest in >100 stocks. The FP recommended opening a few CD's and then about 65% fixed income/bonds and 35% stocks. My parents are 7...
by wrysys
Tue Apr 09, 2013 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Are you an anesthesiologist dealing with buyout offers?
Replies: 20
Views: 6698

Are you an anesthesiologist dealing with buyout offers?

Since i've noticed more MDs on the site, i wanted to ask if any anesthesiologists have looked at or been approached by companies like Mednax with buyout offers. My wife's group is considering such a buyout and I wanted to know the offers floating out there. i've heard they offer about 1.5-2m upfront...
by wrysys
Fri Mar 15, 2013 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Money Mag Article
Replies: 74
Views: 16063

Re: Money Mag Article

Confused: read this site and link, http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/. The blogger retired at age 30, with a wife and a kid. He also preaches the gospel of living frugally, investing in index funds, and also earning some side income doing ho...
by wrysys
Fri Mar 15, 2013 1:06 am
Forum: Investing - Theory, News & General
Topic: 8606 mistake, what happened here?
Replies: 2
Views: 744

8606 mistake, what happened here?

So going through taxes, I looked at my 2011 8606. I made a 5000 nondeductible IRA contribution each for 2011 and 2010. I must have put in things incorrectly for Turbotax because the 8606 for 2011 shows: 1: 5000 2: 0 3: 5000 7: 5150 14: 5000 15: 5150 I never took any distributions but 7 lists "distri...
by wrysys
Wed Mar 13, 2013 9:14 am
Forum: Investing - Theory, News & General
Topic: help and advice for 8606 errors
Replies: 1
Views: 313

help and advice for 8606 errors

So i went through my wife's 8606 from 2010 and 2011. these were nondeductible, but the 2011 8606 did not reflect the prior 5000 2010 contribution. I know that she has about 25K in her IRA and about 12K is nondeductible, but the basis seems to off. any advice on this? sounds like I need to refile wit...
by wrysys
Sat Mar 09, 2013 11:42 am
Forum: Investing - Theory, News & General
Topic: Experience with FAs in Los Angeles? for parents in trouble
Replies: 1
Views: 478

Experience with FAs in Los Angeles? for parents in trouble

hello, wanted to ask if anyone has experience with the financial advisors at abacus (www.abacuswealth.com) or any other fee only advisors in the Los Angeles area. They advertise fee only but their website doesn't say much about whether they use index funds or etf's. This is for my parents who lost q...
by wrysys
Wed Jan 02, 2013 8:35 pm
Forum: Investing - Theory, News & General
Topic: Kennon's investment approach with dividend stocks?
Replies: 20
Views: 3475

Re: Kennon's investment approach with dividend stocks?

I've tried reading through some of Larry's articles and appreciate the detailed analysis, some of which is over my head. However, it appears that some have done well with dividend stocks, especially in accumulation phase. Regards Kennon, this part of his site is quite emphatic and direct about going...
by wrysys
Wed Jan 02, 2013 10:33 am
Forum: Investing - Theory, News & General
Topic: Kennon's investment approach with dividend stocks?
Replies: 20
Views: 3475

Re: Kennon's investment approach with dividend stocks?

Thanks for the articles. Interesting to see there is some difference of opinion on this.
by wrysys
Wed Jan 02, 2013 1:15 am
Forum: Investing - Theory, News & General
Topic: Kennon's investment approach with dividend stocks?
Replies: 20
Views: 3475

Kennon's investment approach with dividend stocks?

Read some of Kennon's site (learned about it from this site) and wanted to know people's opinions of it. He embraces dividend blue chip stock investing for retirement planning, and writes for about.com in a clear and intelligent style. But he boasts of having millions in tax advantaged accounts usin...
by wrysys
Sun Dec 30, 2012 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just Deleted Our Mint Account
Replies: 73
Views: 12246

Re: Just Deleted Our Mint Account

does moneydance import vg and fidelity accounts easily? I tried quicken but it required me to manually input so much information, which was what I was trying to avoid. It couldn't handle my regular funds upgraded into admiral. Can you compare quicken vs moneydance?
by wrysys
Sun Dec 30, 2012 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Swenson, TIPS and help needed staying the course
Replies: 16
Views: 2454

Re: Swenson, TIPS and help needed staying the course

2/3 of your net worth is in a single stock? how's that been working out?
by wrysys
Sat Nov 24, 2012 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Prefab home experience? Buying land.
Replies: 16
Views: 4204

Re: Prefab home experience? Buying land.

Thanks for those links, nonnie. Permits are a big obstacle to the whole idea of building a prefab, but maybe a teardown can make it easier. I'm going to look at hose links.