Search found 328 matches

by GoldenGoose
Wed Sep 02, 2020 9:16 am
Forum: Personal Finance (Not Investing)
Topic: How does short term cap gain taxed?
Replies: 7
Views: 486

Re: How does short term cap gain taxed?

$0K-$40K: 0% $40K-$80K: 10% $80K-$105K: 20% >$105K: 30% Scenario #1: Annual taxable income is $75K total from non-cap gains. Short term cap gain is $10K Scenario #2: Annual taxable income is $75K total from non-cap gains. Short term cap gain is $40K So in scenario #1, my total taxable income is $85K...
by GoldenGoose
Wed Sep 02, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: How does short term cap gain taxed?
Replies: 7
Views: 486

How does short term cap gain taxed?

Sorry, when it comes to taxes, I'm a complete moron. So I hope someone here who knows taxes could explain to me how short term cap gains are taxed and on the side, when do you have to pay estimated taxes to avoid penalty. Fictional scenarios: Let's assume that the fictional tax brackets are as follo...
by GoldenGoose
Tue May 19, 2020 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: How does cap gain cap loss work?
Replies: 3
Views: 229

How does cap gain cap loss work?

Let's say in a year you have a bunch of stock sales from a mixed bag of long term/short term holdings, along with some wash sales thrown in for good measure. Let's also say that your gain is more than your loss. When filing taxes, how do you offset which gains vs. which loss to determine whether the...
by GoldenGoose
Wed May 13, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car for Son
Replies: 20
Views: 1271

Re: Buying Used Car for Son

I'm trying to find a first car for my 19-year-old son. Help me think something through. One model we are looking at is the Hyundai Elantra. There are two available locally that are exactly the same price ($5,900) and let's assume for now that they are in essentially equivalent mechanical condition....
by GoldenGoose
Tue May 12, 2020 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car for Son
Replies: 20
Views: 1271

Re: Buying Used Car for Son

For the same price and same mechanical conditions (assuming), assuming they are also similarly equipped and same generation, why wouldn't you get the lower mileage car, unless that car is a first year model and research shows many problems with that model year?
by GoldenGoose
Tue May 12, 2020 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2240

Re: Hang on to old car or buy new one?

Safety is very important and hard to put a price on that, so just depends on how much and where people drive. We have ALB and AWD on our vehicles and feel very safe. Never been in an accident in 20 years My brother drives a 1998 Camry. Not sure it has ABS and definitely no AWD, no ESC/DSC, no LKAS,...
by GoldenGoose
Tue May 12, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2240

Re: Hang on to old car or buy new one?

My vote is to keep both cars and if you want, swap it. Even better is to learn how to maintain your vehicles so you can keep your cars well maintained. Seriously anyone can change fluids/filters/brakes etc. That way you save $ by avoiding taking your cars to the shop, learn to be handy and save mone...
by GoldenGoose
Tue May 12, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2240

Re: Hang on to old car or buy new one?

Safety is very important and hard to put a price on that, so just depends on how much and where people drive. We have ALB and AWD on our vehicles and feel very safe. Never been in an accident in 20 years My brother drives a 1998 Camry. Not sure it has ABS and definitely no AWD, no ESC/DSC, no LKAS,...
by GoldenGoose
Fri Mar 20, 2020 10:25 am
Forum: Personal Investments
Topic: How can I get to my "sleep at night " allocation ?
Replies: 24
Views: 1807

Re: How can I get to my "sleep at night " allocation ?

Asking questions on this board will very likely gives you many answers and they might not necessarily jive with the others. If you don't know what to do, my recommendation is to turn off your computer and enjoy life. Get back on the computer in a few years and you will be fine. :)
by GoldenGoose
Fri Mar 20, 2020 10:19 am
Forum: Personal Investments
Topic: I knew this was going to happen and did nothing...
Replies: 107
Views: 10296

Re: I knew this was going to happen and did nothing...

Just kind of venting here - I was absolutely, 100% certain this was going to happen by mid February. The reason is that I watched 'The Stand' on TV when I was 9 and it put a fascination/fear of pandemics deep in my heart, so I was following the news coming out of China very, very early on. However ...
by GoldenGoose
Fri Mar 20, 2020 9:47 am
Forum: Personal Investments
Topic: Uninvested cash
Replies: 3
Views: 452

Re: Uninvested cash

My question is why don't you want to put your cash into the market? The fear of it going down some more?
by GoldenGoose
Fri Mar 20, 2020 9:44 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

CONGRATS to the OP. Nice work. Thanks. Nothing to brag about really. I was caught in the opposite situation back in 2008 so this time I got wiser ... and luckier. I can't stress enough the lucky part. You'd be smart to just get rid of the "wiser" part all together. It was just luck. I fir...
by GoldenGoose
Fri Mar 20, 2020 9:36 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

We are halfway there. I'm calling the bottom at Dow -60% later this summer after all the negative employment and earnings releases are out. I still vividly remember back in 2008 when the DOW went from 15000 to 7500. That's 50% drop. Are we going to have the same haircut again this time? If so then ...
by GoldenGoose
Fri Mar 20, 2020 9:33 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

OP good for you but just know that there are many retirees out there who are weighted toward fixed income investments and stayed in since March 6 when they witnessed not only stocks go into free fall but bonds as well , be thankful and humble . No doubt, ubermax. I AM thankful and humble. I was in ...
by GoldenGoose
Fri Mar 20, 2020 9:32 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

CONGRATS to the OP. Nice work. Thanks. Nothing to brag about really. I was caught in the opposite situation back in 2008 so this time I got wiser ... and luckier. I can't stress enough the lucky part. You'd be smart to just get rid of the "wiser" part all together. It was just luck. I fir...
by GoldenGoose
Fri Mar 20, 2020 9:02 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

sambb wrote: Fri Mar 20, 2020 8:46 am CONGRATS to the OP. Nice work.
Thanks. Nothing to brag about really. I was caught in the opposite situation back in 2008 so this time I got wiser ... and luckier. I can't stress enough the lucky part.
by GoldenGoose
Fri Mar 20, 2020 8:59 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

Re: When to jump all in again?

My strategy is to buy weekly and not worry about my account balance. Nothing wrong with buying on down days. My best guest is that there is more down side risk as people lose their jobs. Ford suspended their dividend. My brother got furloughed for the first time in 26 years. SIL AND BIL lost their ...
by GoldenGoose
Fri Mar 20, 2020 8:28 am
Forum: Personal Investments
Topic: When to jump all in again?
Replies: 26
Views: 1702

When to jump all in again?

I got lucky, really LUCKY, to get out of the market on the 2nd day after the peak back in February so I am now sitting on some cash. I did plow 30% back into the market by cost averaging up to this point so far. Amazingly, despite all the ups and downs up to this point, my unrealized loss is only ab...
by GoldenGoose
Sun Mar 01, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Can my wife and I afford a $600K + house?
Replies: 134
Views: 14931

Re: Can my wife and I afford a $600K + house?

My wife and I earn a little bit more than you annually. We live in WI, so cost of living is no where near NY (insurance premium for 3 cars is $800/year, for example). Given your financial condition and where you are living, for me, I wouldn't be comfortable buying that house at this moment. When we ...
by GoldenGoose
Tue Jan 21, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44530

Re: Engineers - What are you making?

What does difficulty or stress have to do with compensation? This is like saying, "if the job involves eating fewer bananas...why does it pay that much?" My friends who studied biology worked a lot harder than I have at any job and they make less than I made before I switched to software....
by GoldenGoose
Tue Jan 21, 2020 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44530

Re: Engineers - What are you making?

This thread is depressing. You think you're doing well until you go and read posts on the internet. Damn. I feel like a lot of these "engineer" salaries and benefits are what the executives at smaller companies are making. If you are content at your current employment and knowing that you...
by GoldenGoose
Sat Jan 18, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for airline travel
Replies: 21
Views: 1771

Re: Best credit card for airline travel

So for Capitol One Venture card 60,000 miles, how many airline tickets are they worth if you fly to the Caribbean? I wonder what the differences between points and miles are.
by GoldenGoose
Fri Jan 17, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for airline travel
Replies: 21
Views: 1771

Re: Best credit card for airline travel

Thanks for the feedback. We are a typical family of 4 :), living in Wisconsin. Looking to fly in the proximity of the US, in the US or to the Caribbean islands. I want to drive because we bought a minivan for the purpose but after several years of driving, the wife now wants to fly for longer trips...
by GoldenGoose
Fri Jan 17, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44530

Re: Engineers - What are you making?

Reading this and feeling guilty of not contributing to even out the playing field a bit with my lower salary. So here goes. Living in Wisconsin. Software engineer working for a megacorp. Experience 26 years. Base: $110K/year. Employee stock purchase options. The normal 401K match. Decent insurance. ...
by GoldenGoose
Fri Jan 17, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Paid off $15,000 on a car loan and it feels so good.
Replies: 9
Views: 693

Re: Paid off $15,000 on a car loan and it feels so good.

New found money! $500 a month. Time to add a little bit more daily enjoyment to life.
by GoldenGoose
Fri Jan 17, 2020 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for airline travel
Replies: 21
Views: 1771

Re: Best credit card for airline travel

Thanks for the feedback. We are a typical family of 4 :), living in Wisconsin. Looking to fly in the proximity of the US, in the US or to the Caribbean islands. I want to drive because we bought a minivan for the purpose but after several years of driving, the wife now wants to fly for longer trips....
by GoldenGoose
Thu Jan 16, 2020 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for airline travel
Replies: 21
Views: 1771

Best credit card for airline travel

Hi, this topic must have been discussed already somewhere but I've been trying to search but unsuccessful so far (I'm terrible with searches). I apologize up front to post this thread. If you have a link regarding this topic, please post it here, I would appreciate it. My question is as follow. We a...
by GoldenGoose
Tue Jan 14, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do the wife and I have house fever? Want to buy 550k home
Replies: 35
Views: 4415

Re: Do the wife and I have house fever? Want to buy 550k home

Congrats OP! You sounded like a financially responsible and thoughtful person. I know you will do well. Although this site is for the thrifty minded, but some of the members here are extreme. Enjoy life a little bit. Remember, don't be excessive and be in moderation. That's the best advice there is....
by GoldenGoose
Fri Nov 22, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Contribution Limits - quick question
Replies: 5
Views: 620

Re: HSA Contribution Limits - quick question

Thanks. The way I interpreted the other post was the limit depends on the coverage plan the person takes up with their employer. So in my situation, my wife (single plan) can put in up to $3600 while I (family plan) can put in as much as $7200 but the total of both of our contributions cannot exceed...
by GoldenGoose
Fri Nov 22, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: HSA Contribution Limits - quick question
Replies: 5
Views: 620

HSA Contribution Limits - quick question

Maybe this has been asked before but I don't know how to search for it or be able to wade through the mountain of posts about it. So I apologize up front and hope I could get a 1 minute answer for my question. My wife and I both work. We have to buy separate insurance from our employers b/c of their...
by GoldenGoose
Wed Oct 30, 2019 6:39 am
Forum: Personal Consumer Issues
Topic: Tinycam Pro and Foscam - Remote Access
Replies: 3
Views: 525

Tinycam Pro and Foscam - Remote Access

Greetings. I have some Foscam cameras that I set up. I also installed Tinycam Pro on my Android phone. Accessing the cameras is fine with TinyCam when I'm on my wifi. However, I am having problem accessing my camera when I'm on mobile data. I read upon the subject about remote accessing the cameras ...
by GoldenGoose
Tue Oct 30, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: water softener for whole house?
Replies: 81
Views: 9971

Re: water softener for whole house?

I'm looking at water softener and I see Home Depot has the Nuvo salt-free system. Anyone knows anything about it? Does it work? The description says they use oranges, lemon and limes to clean the water. Sounds very appealing.
by GoldenGoose
Wed Sep 26, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

I searched Craiglist and didn't see anything I like. Remember, this also has to be a piece of furniture too so it can't be some vintage piano or with in-your-face blemishes. I will have to keep an eye out for a used Yamaha or a Kawai. In the mean time while waiting for something suitable to come by,...
by GoldenGoose
Wed Sep 26, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

The kids are playing on a 64 keyed keyboard right now. The teacher asked us to get a 84-key piano. My wife is going to start to take lessons next week too. Maybe we should take a look at a near top-of-the-line 84-key keyboard for now instead of a piano. Is there even such a thing? At least I'm think...
by GoldenGoose
Wed Sep 26, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

Thanks. Just reserved that book at the local library. Will pick it up and read up on it.
by GoldenGoose
Mon Sep 24, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

Kawai is a reputable brand that will serve your children well. Schiller is a "private label" knock off of the much more expensive and reputable Schimmel (almost identical font and logo...). Looks like you can get "Schillers" online delivered new for under $3000. Also look at Yam...
by GoldenGoose
Mon Sep 24, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

I feel a quality instrument is in order for someone committed to music. At this point get a small grand piano at a price point you can afford. There really is no substitute. $7 grand for an instrument for beginner kids and those who "eventually would like to learn" is, imo, a terrible was...
by GoldenGoose
Mon Sep 24, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

Kawai is a reputable brand that will serve your children well. Schiller is a "private label" knock off of the much more expensive and reputable Schimmel (almost identical font and logo...). Looks like you can get "Schillers" online delivered new for under $3000. Also look at Yam...
by GoldenGoose
Mon Sep 24, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Re: Acoustic Pianos

Sorry, but I have to say it. Craigslist free section and pay movers. Go check out that the piano plays and can be tuned. There are tons of free pianos around. Heck.....my father in law tried to give us his and we stiff armed him. If you gotta buy new, then I got nothing. I know. You're preaching to...
by GoldenGoose
Mon Sep 24, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2421

Acoustic Pianos

Hi Bogleheaders. Anyone on here knows about acoustic pianos? We are in the market for a piano and of course the wife likes to buy new so don't even bring up the buy-used topic. We have 2 kids just starting to take piano lessons and we eventually would like to learn as well. So I wonder any brands yo...
by GoldenGoose
Thu Jul 26, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 3370

Re: The stock that got away

I bought FB at 135. Rode it up to 196 until the data mining scandal broke. It fell back to 160. It went up to 180 and fell back to 170 because of the privacy scandal. My friends said they were done with using FB. I thought people gave up on using Fb too so I bailed at 175. Good little profit. I thou...
by GoldenGoose
Tue Jul 24, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Which doctor should I go to?
Replies: 26
Views: 1948

Which doctor should I go to?

I am at the office. I brought a sandwich today (ham and lettuce). My sandwich didn't have mayo. What's a sandwich without mayo? So I ransacked my desk drawers and found a package of Kraft Mayo Light, you know like a little ketchup package you get at one of the fast food place. Jackpot! I thought to ...
by GoldenGoose
Wed May 30, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Getting married, car buying and apartment by myself?
Replies: 18
Views: 2973

Re: Getting married, car buying and apartment by myself?

You can pick up a 2018 Hyundai sonata SE for17k OTD that would last you many years. Buy new and drive forever. Don't worry about resale. Insurance would be the same compared to a newer used car.
by GoldenGoose
Sat May 26, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 14406

Re: Chase Savings Account emptied out!

Gosh. You freaked me out so I immediately went and checked my account. To my relief my $10 millions were still there. :greedy
by GoldenGoose
Fri May 11, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 5476

Re: Should I pay cash for a house?

I would. I love to own things out right and the peace of mind.
by GoldenGoose
Fri May 11, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: New Car Purchase
Replies: 11
Views: 2142

Re: New Car Purchase

Tom, if I could offer one advice, it is this. We just bought a new vehicle. Despite the dealer throwing numbers at us, we stuck to our predetermined OTD price which we gave them up front. To put pressure on us, the sales manager came and tried to double tagged us. I recalled he asked this question m...
by GoldenGoose
Thu May 10, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 8675

Re: Buying new car or buying used car

I think both camps have valid points. I bought a $25k old, have been driving 20+ years, 400k miles. The money I saved just for new car is invested and gains with the stock markets. Yes, I know it is boring, but I have no problem treating a car as a transportation tool. I could pay cash for new cars...
by GoldenGoose
Thu May 10, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 8675

Re: Buying new car or buying used car

I think both camps have valid points. I bought a $25k old, have been driving 20+ years, 400k miles. The money I saved just for new car is invested and gains with the stock markets. Yes, I know it is boring, but I have no problem treating a car as a transportation tool. I could pay cash for new cars...
by GoldenGoose
Thu May 10, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 8675

Re: Buying new car or buying used car

MnD wrote: Wed May 09, 2018 11:46 pm Note the location of the dark brown wash return water in this video.
Used cars do come with a bonus from the previous owners.

https://www.youtube.com/watch?v=oyqclZgv0mk
This must have been a flooded car or something. Why on earth would anyone soak their car seats like that?
by GoldenGoose
Wed May 09, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 8675

Re: Buying new car or buying used car

If one spends $50K to buy a car, then $15K shouldn't matter much to those buyers, IMO. For myself, $20K is about the range I would pay for a new car. I don't see how that makes sense. $15K is about 30% of $50K--that is a very significant difference in percentage terms. Put another way, 30% of $20K ...