Search found 6527 matches

by Sidney
Sat Nov 11, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised funds
Replies: 44
Views: 1649

Re: Donor Advised funds

Anonymity is probably the number one reason we use one. Much of our giving is local. The only way to stay off lists, getting called and having to go to local events is to make the donations anonymously. Even the local financial firms (wealth management) tap into the donor lists for client prospecting.
by Sidney
Wed Oct 25, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: Amazon kindle paperwhite
Replies: 69
Views: 3472

Re: Amazon kindle paperwhite

Tablets are also heavy.
by Sidney
Fri Oct 20, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting in shared brokerage account?
Replies: 6
Views: 564

Re: Tax loss harvesting in shared brokerage account?

Hi everyone, thanks for your replies. Yes, we've been filing jointly of course. My (our) confusion stems from seeing the gains on MY account and the losses on OUR account. Will Vanguard "consolidate" those numbers when sending our tax paperwork or do we have to sell some of OUR stocks in order to c...
by Sidney
Fri Oct 20, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Worry market crush, selling 50%, but increase buying 100%
Replies: 69
Views: 6569

Re: Worry market crush, selling 50%, but increase buying 100%

Should we leave when the fat lady comes on stage, when she inhales or when she actually belts out a note?
by Sidney
Fri Oct 20, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Worry market crush, selling 50%, but increase buying 100%
Replies: 69
Views: 6569

Re: Worry market crush, selling 50%, but increase buying 100%

Market timing is the strategy of making buy or sell decisions of financial assets (often stocks) by attempting to predict future market price movements.
by Sidney
Sat Oct 14, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10664

Re: anyone else not liking the new cars?

If someone asked me what the front of my car looked like, about the only thing I could say for sure is that there are headlights.
by Sidney
Fri Oct 13, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 7396

Re: How many miles/years do you keep your car?

At age 65, I hope my current car will be my penultimate vehicle - I think it will be good for five more year, maybe less. I'd like to stop driving between 75-80 - that seems to be when people start being dangerous on the road around here. I don't want to be one of those people.
by Sidney
Fri Oct 06, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8303

Re: I'm thinking about cashing completely out of equites....

It would help to know what you mean specifically by "all the money I will ever need." Not the actual number but maybe expressed as a multiple of your expenses. Do you have 50 times your annual expenses -- 100 times ..... Certainly at some point one could cash out of equity and stick it all in Treasu...
by Sidney
Thu Oct 05, 2017 4:54 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 200
Views: 15340

Re: Dividends vs. Capital Gains for Spending Needs?

snarlyjack wrote:
Thu Oct 05, 2017 3:36 pm
I absolutely refuse to be drawn into this argument again.
That didn't last long.
by Sidney
Wed Oct 04, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: What counts in calculating portfolio withdrawals?
Replies: 10
Views: 656

Re: What counts in calculating portfolio withdrawals?

I count everything I spend, no matter where it comes from then I net out what I would call exogenous income (pension, social security ...). But I don't really pay much attention to "withdrawal." My main focus is on what I have and making sure it is in the right place and sufficient to get me to the ...
by Sidney
Wed Sep 27, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: next year health insurance plan provided by company
Replies: 13
Views: 990

Re: next year health insurance plan provided by company

Without regard to the specific numbers, I can tell you that it is fairly common for employee share of health insurance costs to be a function of salary.
by Sidney
Sat Sep 23, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 10531

Re: Retirees, what is your marginal tax rate?

Mitchell777 wrote:
Sat Sep 23, 2017 4:33 pm
Trying to figure out how I may get to the 15% maginal bracket.
From which direction?
by Sidney
Fri Sep 22, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2319

Re: Donor Advised Fund: Am I thinking about this correctly?

We also do most of our donations using a donor advised fund for anonymous donations. It keeps us off the mailing lists of national charities and below the radar of the whisper campaigns locally. Most of our donations are local. Staying anonymous has a lot of advantages.
by Sidney
Wed Sep 13, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Retirement - Living in Colorado
Replies: 33
Views: 3671

Re: Retirement - Living in Colorado

Funny antidote to the street light debacle ; once the street lights were turned off copper thieves stripped the copper out of the light poles. It ended up costing the city much more in repairing the street lights then they saved by turning them off. I'd forgotten that part. Poetic justice. Did they...
by Sidney
Wed Sep 13, 2017 7:04 am
Forum: Personal Consumer Issues
Topic: Retirement - Living in Colorado
Replies: 33
Views: 3671

Re: Retirement - Living in Colorado

Isn't that where they turned off all the street lights to save money?
by Sidney
Mon Sep 04, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281503

Re: What are you up YTD? [Year To Date]

5.7% after withdrawals on a 40/60.
by Sidney
Fri Sep 01, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Are Roomba's effective?
Replies: 55
Views: 4784

Re: Are Roomba's effective?

We have one and it runs on rugs and wood floor. We also have a cat so it picks up a lot of cat hair. Still need a good hand vacuuming every once in a while to catch nooks it can't reach but it does work well for us.
by Sidney
Mon Aug 28, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on the sidelines...for now
Replies: 32
Views: 3932

Re: Sitting on the sidelines...for now

Just retired 3 months ago at 64. Not collecting SS just yet. Anticipate that I have enough on hand to wait until FRA. I have enough in my tax deferred accounts to be comfortable after the post election run-up in the market. I recently transferred all of my previous work 401K's to a Vanguard MM IRA....
by Sidney
Sun Aug 27, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Amazon "subscribe and save"
Replies: 20
Views: 1536

Re: Amazon "subscribe and save"

Tamales wrote:
Sun Aug 27, 2017 3:27 pm
That seems kind of silly, only allowing purchase via subscribe and save. Must be some new model they are trying out.
Isn't this similar to how magazines sell their product? You can buy a subscription from them but if you want one issue you have to usually go to a news stand or book store.
by Sidney
Mon Aug 14, 2017 7:17 am
Forum: Personal Consumer Issues
Topic: PSA - Mute button for Gas Station TV!
Replies: 22
Views: 2946

Re: PSA - Mute button for Gas Station TV!

Thanks for the tip. They don't bother me - stations are noisy anyway. I usually just get back in my car while the gas is pumping - especially in winter.
by Sidney
Sat Aug 12, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: The Ideal Renting Situation
Replies: 6
Views: 692

Re: The Ideal Renting Situation

In my area, townhouses are an option that split the difference. Very small yards, many face undeveloped spaces or waterfront.
by Sidney
Sat Aug 12, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: E-delivery of transaction confirmations
Replies: 12
Views: 1012

Re: E-delivery of transaction confirmations

Was this in an IRA or a taxable account?
by Sidney
Wed Aug 02, 2017 7:43 am
Forum: Personal Finance (Not Investing)
Topic: What do you do when you need access to money in an investment account?
Replies: 33
Views: 3147

Re: What do you do when you need access to money in an investment account?

Please refrain from theorizing about my personal situation. My kids are in elementary school. I have all the cars I need and they are owned outright. lol, you brought these up in your first post. I'll re-phrase ResearchMed It sounds like you don't someone doesn't have any/enough cash ready for thin...
by Sidney
Tue Jul 25, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Italy in August Trip (Rome, Florence, Venice)
Replies: 43
Views: 2928

Re: Italy in August Trip (Rome, Florence, Venice)

I had a one-day layover on a flight from Delhi to Rome (and then onward) in August one year. The temperature in Rome was the same as it was in Delhi when I left.
by Sidney
Tue Jul 18, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: Research Report: Post Retirement Needs and Risks
Replies: 4
Views: 990

Re: Research Report: Post Retirement Needs and Risks

mhalley wrote:Very interesting reading. 48% of those retiring at <50 did so with no spending plan? Wow. :oops:
What is the definition of a spending plan in that context?
by Sidney
Sun Jul 16, 2017 7:40 am
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6877

Re: anyone retire and move to a planned community in FL?

reriodan wrote:I have visited the villages a bit, and it's like being in some weird bubble world. I enjoyed myself but wouldn't live there. Also, the older people seemed to like to eat dinner around 4pm
In Naples you can walk into almost any restaurant after 7pm without a reservation.
by Sidney
Fri Jul 14, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Getting step-up in cost basis on grandma's trust?
Replies: 9
Views: 818

Re: Getting step-up in cost basis on grandma's trust?

In another thread you talk about establishing a will and transferring (I assume you mean bequeathing) assets to your children. If you don't sell the funds you inherit from your father your children can inherit them from you and I believe the basis would step up for them. I'm assuming the assets are ...
by Sidney
Fri Jul 14, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Ally debit card for ATM withdrawals outside the United States
Replies: 25
Views: 1881

Re: Ally debit card for ATM withdrawals outside the United States

Can't comment on Ally. I rarely have needed much cash in Canadian cities so you may find it just doesn't matter much. Last time I was in Vancouver for 4 days I withdrew $50 and didn't end up using it all. The only thing I used cash for was for tips at the hotel.
by Sidney
Fri Jul 14, 2017 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Tax Question
Replies: 6
Views: 597

Re: Tax Question

Depending on the composition of your income there is also a hidden 30% rate to watch for. It can kick in within the 25% bracket. Best way to find it is to prepare a dummy tax return.
by Sidney
Thu Jul 13, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: can a city mandate garbage & recycling service? is that legal?
Replies: 36
Views: 2622

Re: can a city mandate garbage & recycling service? is that legal?

Might be the case that if the state doesn't prohibit the mandate that they can. I lived in a city where they could and would fine you if they found certain materials (like glass bottles, aluminum cans) in your garbage stream.
by Sidney
Wed Jul 12, 2017 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 11336

Re: Do you count vehicle equity in net worth?

On my asset list that I give to estate lawyer every year. Not part of financial holdings for retirement.
by Sidney
Fri Jul 07, 2017 5:09 pm
Forum: Investing - Theory, News & General
Topic: No "sequence of returns risk" what to do about withdrawals
Replies: 35
Views: 3104

Re: No "sequence of returns risk" what to do about withdrawals

mathematically, if you take only 4% of the prior year end balance, the balance never converges to zero. You always have 96% of the prior balance left. You get hungry at the end though.
by Sidney
Fri Jul 07, 2017 4:58 pm
Forum: Investing - Theory, News & General
Topic: No "sequence of returns risk" what to do about withdrawals
Replies: 35
Views: 3104

Re: No "sequence of returns risk" what to do about withdrawals

Assuming the 4/5% is from the original value. If he is taking 4% of the last value, then it will theoretically last forever. Could be a few lean years in the end.
by Sidney
Sat Jul 01, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 14898

Re: Bogleheads: you should be buying 10-year old cars

SrGrumpy wrote:Such "ageism" here! Ten years is nothing. Is a well maintained 2007 car really that less safe than a 2017 car? How old are the planes you fly in? 20, 30 years?
That's nothing. You should see the bridge I drive over.
by Sidney
Fri Jun 16, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Need WIFI repeater or second router Advice
Replies: 45
Views: 3188

Re: Need WIFI repeater or second router Advice

I would replace their router with a better one.
by Sidney
Mon Jun 12, 2017 7:17 am
Forum: Personal Finance (Not Investing)
Topic: FERS 1099-R boxes 1 and 2A if survivor annuity taken
Replies: 9
Views: 730

Re: FERS 1099-R boxes 1 and 2A if survivor annuity taken

patatdac wrote:Some good news:
Survivor receives 50% of the $12,000 amount.
That is bizarre. What would survivor get if they chose 100% survivor benefit - $12K? Sounds like the survivor has a pretty good incentive to kill the primary pensioner.
by Sidney
Sun Jun 11, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo (Alexa)
Replies: 91
Views: 16882

Re: Amazon Echo (Alexa)

I can see how these might be useful for someone who might have an impairment (mobility, sight ...). I have increasing hearing impairment so it wouldn't work for me. Also, as long as I am physically able to get up, walk across the room and turn off the light it is probably helpful to me that I don't ...
by Sidney
Sun May 28, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Details on how to complete a Recharacterization
Replies: 7
Views: 779

Re: Details on how to complete a Recharacterization

I would suggest taking a good look at pp 30-31 of IRS Publication 590-A.
by Sidney
Sun May 28, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 78
Views: 6772

Re: Retiring in southern college town

RoadHouseFan wrote:Can't go wrong by moving to southern states - patriotic people, family values and unbeatable food.
I have found this everywhere in the world I have lived.
by Sidney
Sat May 27, 2017 9:16 pm
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 4021

Re: How many investment companies to have money in?

I am puzzled how otherwise risk-conscious investors have no concerns putting all their eggs in one basket when it comes to investment firms. People should consider what might happen in a catastrophic hacking incident or what a hostile foreign intelligence service might do to disrupt our economy dur...
by Sidney
Thu May 25, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 2292

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Without diving into this specific instance, this is something that was implied in recent remarks of Jack Bogle in which he pointed out that Vanguard, Blackrock, and State Street collectively hold 21% of all U.S. equities. --if their collective share gets a little larger, and they decide to work tog...
by Sidney
Thu May 25, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 146
Views: 8869

Re: How dividends become irrelevant?

Stocks are not priced as a simple balance sheet exercise but on many different perceived values, and the issuance of a dividend does not necessary get directly reflected in the price, just as cash can often be ignored. You have to control for other factors, but when you do, the markets' accounting ...
by Sidney
Tue May 23, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: After tax money in 401k rolled over to IRA in 2004
Replies: 9
Views: 710

Re: After tax money in 401k rolled over to IRA in 2004

I recall it saying (and I could be wrong) that you do not report the nontaxable portion of a rollover until you actually do a distribution. That makes a lot of sense to me because if people reported them on Form 8606 when the rollover happens, a lot of people would not be able to use the back door ...
by Sidney
Tue May 23, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum and retiring this fall
Replies: 55
Views: 6448

Re: New to the forum and retiring this fall

Tracyfaa wrote:a pension/annuity + compensation for being forced out early due to age of roughly $120k
Just to clarify - this is $120,000 per year for the rest of your life? Is there a survivor benefit if you predecease your spouse?
by Sidney
Wed May 17, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: What if I have enough money?
Replies: 22
Views: 4763

Re: What if I have enough money?

I agree with BL. I would rethink the decision to take SS at 62. You need to compile the numbers and evaluate how you'd fund the 8-year gap but it is a very compelling math for many people.
by Sidney
Wed May 17, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 8705

Re: Article: "Our emergency fund is exactly $0.00"

I agree with most of the article. Keeping an emergency fund to me means that you're locking in a lower expected return. I don't see why someone with a sizable portfolio (enough to cover several years worth of expenses) would need one. If you have a large enough portfolio with a healthy stock/bond a...
by Sidney
Wed May 17, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 8705

Re: Article: "Our emergency fund is exactly $0.00"

...portfolio line of credit (which is basically like a home equity line of credit but based on my taxable portfolio instead) with WellsFargo which allows me to borrow (approximately) 50% of my portfolio value without needing to liquidate anything. I have access to the money instantly so that's anot...