Search found 6546 matches

by Sidney
Sun Apr 22, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Making inheritance easier
Replies: 6
Views: 887

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: 193

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: 193

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: 1674

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: 868

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: 7903

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: 5927

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: 820

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: 611

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: 2888

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: 210

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: 210

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: 1113

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: 2616

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: 1965

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: 417

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: 5433

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: 5608

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: 2312

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: 2294

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: 4384

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: 639

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: 7323

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: 7323

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: 158
Views: 16233

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: 8729

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: 9299

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: 212
Views: 19296

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: 808

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: 1151

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: 11365

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: 2588

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: 4132

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: 4132

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: 1821
Views: 325420

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: 57
Views: 6193

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: 4327

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: 1791

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: 3224

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: 772

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: 1179

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: 3466

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: 3267

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: 1053

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: 7463

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: 1013

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: 3483

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.