Search found 6573 matches

by Sidney
Thu Jul 26, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another "can I afford it"?
Replies: 42
Views: 3935

Re: Yet another "can I afford it"?

If you buy the car, and your equity drops 50% in the next 12-18 months, will you still feel good about it?
by Sidney
Sat Jul 21, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Family Foundation - Best way forward
Replies: 25
Views: 1702

Re: Charitable Family Foundation - Best way forward

I believe doing this will entail considerable work and expense. Why not just use a Donor Advised Fund for the accumulation of the money aspect - THEN seek out qualified charities that have the low overhead yu desire. Like a lot of life, there are trade-offs on DAFs vs. Foundations. Here is a good t...
by Sidney
Sat Jul 21, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card - Keep Getting Denied
Replies: 27
Views: 2123

Re: Credit Card - Keep Getting Denied

Has he applied for a card with his own bank?
by Sidney
Wed Jul 18, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7194

Re: How do you handle the urge to DO something?

Hmmm? I don't know. Will have to think about that.
by Sidney
Wed Jul 04, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 5632

Re: How to tip

Generally 20-25% on the total bill. 30-50% on very small checks (breakfast at the diner).
by Sidney
Wed Jul 04, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4731

Re: yield curve inversion

I have no idea whether an inverted curve has any predictive value but your OP mixes in "recession" and "the market." Which were you most concerned about?
by Sidney
Thu Jun 28, 2018 7:00 am
Forum: Investing - Theory, News & General
Topic: Financial Newspapers & Publications
Replies: 36
Views: 2799

Re: Financial Newspapers & Publications

02nz wrote:
Wed Jun 27, 2018 8:58 pm
The Financial Times, IMHO the best newspaper out there.
I agree; but I read it for news, not investing/financial information.
by Sidney
Mon Jun 25, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1469617

Re: U.S. stocks in freefall

kaeltor wrote:
Mon Jun 25, 2018 1:30 pm
Kompass wrote:
Mon Jun 25, 2018 12:24 pm
When VTSAX hits a 20% discount (real bear for me) I'll jump in the buying pool. Until then I'll just enjoy being one of the folks in the peanut gallery with "too much" in ca$h.

:beer
Isn't that timing the market?
Not if it triggers a re-balance plan.
by Sidney
Sat Jun 23, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 12115

Re: When did you start flying business class?

I'm assuming two of the four are your children. Without knowing their age, I will relate a scenario I have seen before when I was flying biz for business. Two parents in business class with two children in coach. The kids were not extremely young - the parents explained that the kids didn't care one...
by Sidney
Sat Jun 23, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Fixing My Cost Basis [on inherited stocks]
Replies: 13
Views: 878

Re: Fixing My Cost Basis [on inherited stocks]

My Fidelity statement is reporting the incorrect cost basis currently. If I sell these stocks, won’t Fidelity send me and the IRS 1099s with the wrong cost basis? I am concerned that if I just override the cost basis with correct lower amounts in my tax return, that I will have a problem with the I...
by Sidney
Sat Jun 23, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 16
Views: 1425

Re: What am I overlooking?

If your pension does not have COLA then you need to understand the impact inflation is going to have on the value of that benefit.
by Sidney
Tue Jun 12, 2018 6:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard -Data Concerns
Replies: 29
Views: 2361

Re: Vanguard -Data Concerns

It may well be that Vanguard is not the place for your investments. It is my impression that posters on this forum who tend to be more active traders don't use Vanguard much. Many of the ones who are predominantly VG platform users tend to be passive investors. I think this shows up in reactions to ...
by Sidney
Thu May 31, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard from a consumer standpoint. Question [as a personal investor]
Replies: 16
Views: 1543

Re: Vanguard from a consumer standpoint. Question

Are you pulling the funds using Vanguard or pushing from your external source (presumably a bank)? I think it matters based on some prior posts I've seen.
by Sidney
Tue May 29, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: How To Store Blue Rhino Tanks Safely
Replies: 35
Views: 2837

Re: How To Store Blue Rhino Tanks Safely

I keep mine right outside my window. If something bad happens I'll
by Sidney
Mon May 28, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2742

Re: CIT MM Now 1.85% [Money Market]

I tend to view liquidity in a pure sense of being able to convert the asset to cash quickly with minimal impact on the asset value as a result of the sale. I personally don't mess with individual assets (Treasuries) unless the amount is significant. A fund is perfectly fine for me up to 7 figures. A...
by Sidney
Mon May 28, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: 1.6 M Portfolio
Replies: 23
Views: 4487

Re: 1.6 M Portfolio

If it were me, with the vast majority of funds in a tax-deferred account, I would be inclined to consolidate everything into some kind of target retirement fund with whatever my target allocation was.
by Sidney
Sun May 27, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2742

Re: CIT MM Now 1.85%

Liquidity? You can sell a T-bill before its term too. When people talk about liquidity of an investment, they mean without the risk of taking a haircut or even losing accrued interest. (You probably knew that and were just being facetious though.) E.g. my house is not very liquid, but I could sell ...
by Sidney
Sun May 27, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 24
Views: 2292

Re: What was your experience inheriting assets held at Vanguard?

PoundCake wrote:
Sun May 27, 2018 1:43 pm
. Perhaps the best thing you can do for your beneficiaries is leave them an accurate outline of your assets.
I send an updated list to my lawyer once a year (or sooner if something major changes).
by Sidney
Sat May 26, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5982

Re: Alexa Echo sent family's audio file to a contact

I believe luddites destroyed machinery because they thought their jobs were at risk.
by Sidney
Fri May 25, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: 6 month T-bill from Vanguard
Replies: 7
Views: 1373

Re: 6 month T-bill from Vanguard

Not sure but I think the minimum quantity is in dollars; one T-Bill.
by Sidney
Fri May 18, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 13106

Re: how do you tip on wine at a restaurant

Doom&Gloom wrote:
Fri May 18, 2018 5:47 pm
One day I am going to wander into a tipping thread on the internet and see somebody change their mind and attitude.

One day ...
Perhaps tipping practices and dividend (or lack thereof) investing should be declared religions and be banned from the forum.
by Sidney
Fri May 18, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: Which AA do people draw from in retirement?
Replies: 17
Views: 1628

Re: Which AA do people draw from in retirement?

I withdraw monthly from my muni bond funds because that is when they pay dividends. I withdraw quarterly from my equity account because they pay dividends quarterly. If I need to sell something to supplement the dividends, I generally try to move my allocation closer to the desired equity/fixed targ...
by Sidney
Wed May 16, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8962

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

This theme ("stock market is about to crash, invest in silver") is a common one in television advertisements on one of the large cable news companies. These ads are no more credible than their news.
by Sidney
Fri May 11, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: 80/10/10 Muni/Treasury/CD split for income. Should I change things?
Replies: 5
Views: 666

Re: 80/10/10 Muni/Treasury/CD split for income. Should I change things?

3% is probably the ceiling for that asset mix. 5% is not realistic. And those are nominal rates. Average real rate for that mix is probably close to zero.
by Sidney
Thu May 10, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Annoying IRA rollover problem
Replies: 6
Views: 665

Re: Annoying IRA rollover problem

Assuming you don't have other Traditional IRAs, can you max out the Rollover with new contributions then convert to a ROTH?
by Sidney
Wed May 02, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Highest muni mm rates
Replies: 10
Views: 1006

Re: Highest muni mm rates

txranger wrote:
Wed May 02, 2018 3:28 pm
No Fido is a lot lower at 1.3, unless I m lookin at wrong one. 20 bp is not chump change in my book...
really depends how much you leave lying around idle, I guess.
by Sidney
Sun Apr 29, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: Treasury rates January 2008
Replies: 3
Views: 671

Re: Treasury rates January 2008

jalbert wrote:
Sun Apr 29, 2018 3:11 am
Question: How long will it take the rate for the 5-year treasury note to reach the level at which it closed on 1/28/2008?

Answer: it already did. It closed at 2.8% on 1/28/2008 and 4/27/2018.
How about real rates?
by Sidney
Sun Apr 22, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Making inheritance easier
Replies: 6
Views: 1004

Re: Making inheritance easier

I don't see how anyone can give you practical advice without knowing exactly what the inherited assets might be AND an overview of your complete holdings + any other retirement resources (like pensions, SS) that might be coming your way. What you are asking for is the equivalent of "is red a good co...
by Sidney
Wed Apr 11, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Foreign rental income depreciation problem
Replies: 5
Views: 289

Re: Foreign rental income depreciation problem

Without seeing the form it is hard to know what is going on. Could be that the software is defective. Wouldn't be the first time and probably not the last.

I infer from your second post that you are seeing this on some online screen. What really matters is what is on the forms.
by Sidney
Wed Apr 11, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Foreign rental income depreciation problem
Replies: 5
Views: 289

Re: Foreign rental income depreciation problem

When you look at Schedule E and Form 4562 are they both showing zero? Normally there is an individual asset schedule for each asset that summarizes to 4562 which summarizes to Schedule E. What shows up in your return?
by Sidney
Wed Apr 04, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Estimated taxes for 2018
Replies: 18
Views: 1937

Re: Estimated taxes for 2018

For those of you who prefer to pay estimated taxes based on annualized income (rather than the "safe harbor" of 100%/110% of last year's tax), how are you planning to calculate your estimates this year? I'm guessing there's no tax software out there that is updated for all the 2018 changes yet. Any...
by Sidney
Sun Apr 01, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: [Estate tax] on savings accounts?
Replies: 19
Views: 1128

Re: [Estate tax] on savings accounts?

brandy wrote:
Sun Apr 01, 2018 11:28 am
The beneficiary is in Indiana.
I'm not sure but I think the laws in your state prevail, not the state of the beneficiary.
by Sidney
Wed Feb 28, 2018 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Physical cash
Replies: 121
Views: 8681

Re: Physical cash

Those holding large amounts of physical cash and/or bullion or coins might wish to review their homeowners insurance policy. Mine has a fairly low limit ($250, I think) on what is covered in that category.
by Sidney
Tue Feb 27, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: Does anyone realize how special last year was?!
Replies: 38
Views: 6165

Re: Does anyone realize how special last year was?!

Except for taxes there really isn't anything special about the calendar year vs. any other consecutive 12 month periods. So my question is, was this the first time there has been a consecutive 12-month increase?
by Sidney
Sat Feb 24, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return looks to be significantly less than what was filed
Replies: 4
Views: 896

Re: Tax return looks to be significantly less than what was filed

If you filed on the 3rd and are only now getting an ack I infer that you have refundable credits since they held those returns until mid-month I think. Could it be that a refundable credit was miscalculated? Another place to look is to see if you mis-entered withholding tax. This is something they c...
by Sidney
Sat Feb 24, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: GNMA Fund - usually we see some folks in panic
Replies: 4
Views: 672

Re: GNMA Fund - usually we see some folks in panic

I don't own GNMA but it looks like it has moved like most moderate duration bond funds. There is the usual flurry of posts about when to move out of bonds funds but that hasn't been really loud yet. When real rates start getting up to ~2% where they should be we will probably hear a lot of hand wrin...
by Sidney
Sat Feb 24, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refund? Not so fast! [Tax refund]
Replies: 30
Views: 3124

Re: Refund? Not so fast! [Tax refund]

know that many states have gone to scanning (including the use of 2-D barcodes) that do not require this kind of transcription, but as far I knew, the IRS has not moved to scanning. The fact that W-2s and 1099s showing withholding are supposed to be stapled to the front of a paper 1040 makes automa...
by Sidney
Mon Feb 12, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: VG Mutual Fund Basis
Replies: 2
Views: 285

Re: VG Mutual Fund Basis

oneleaf wrote:
Mon Feb 12, 2018 11:12 am
Covered and noncovered shares are treated as separate accounts, even if you use average cost. Yes, change to SpecID and you will be good to go to harvest losses on the covered shares.
Thanks
by Sidney
Mon Feb 12, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: VG Mutual Fund Basis
Replies: 2
Views: 285

VG Mutual Fund Basis

I have an intermediate tax-exempt bond fund in taxable (one account). When I look at the "cost basis" screen on VG I get the following Non-covered Shares with an cost basis per share of $13.26 and showing an unrealized gain Covered shares with a cost basis of $14.15 per share and showing an unrealiz...
by Sidney
Mon Feb 12, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Birding binoculars under $500?
Replies: 21
Views: 1327

Re: Birding binoculars under $500?

A friend has a pair of Swarovski binoculars. The image quality is breathtaking. So is the price. When you get a chance to look through the really high end glass it really is noticeable -- especially when doing side-by-side. A couple of years ago we went shopping for a spotting scope and managed to ...
by Sidney
Wed Jan 31, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: Are dividends really the same as capital gains?
Replies: 18
Views: 2848

Re: Are dividends really the same as capital gains?

Economically there isn't a real difference but they are treated differently for taxes.
by Sidney
Sat Jan 06, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: portable chargers for electronic devices
Replies: 35
Views: 2258

Re: portable chargers for electronic devices

There are lots of high capacity battery packs but what about a UPS... You can run laptops or anything else for a bit (doubles to give you a nice shutdown for computer). Link to Amazon I have my cable modem and router on a UPS. Nominally the system will run for 6+ hours. I can also use it to charge ...
by Sidney
Sat Jan 06, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 8
Views: 530

Re: Donating appreciated securities to charity

livesoft wrote:
Sat Jan 06, 2018 9:06 am
Make sure shares you donate have been held more than one year. Read up on Donor-Advised Funds for more things you should know.
Does this matter if not itemizing?
by Sidney
Thu Dec 28, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself an extra $200 today just by being observant
Replies: 25
Views: 5579

Re: Got myself an extra $200 today just by being observant

What do you mean by "listed?" You aren't paying list price for a car are you?
by Sidney
Sat Dec 16, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 6091

Re: When to move into bonds

mmcmonster wrote:
Sat Dec 16, 2017 8:16 pm
I'm sorry, but I'm not sure if you can reach your goal with expected/average market returns. Or am I missing something?
Additional saving for nine years.
by Sidney
Wed Dec 06, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 34
Views: 2544

Re: Worth it to Amend incorrect CPA prepared tax returns?

I am not an expert but I believe if you know that a return that has been filed is incorrect you have a legal obligation to amend and correct the error if the original return understates your tax liability. To ignore it hoping that they don't detect it would seem to me to constitute fraud. I also thi...
by Sidney
Sat Nov 11, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised funds
Replies: 44
Views: 2571

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: 4939

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: 722

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...