Search found 332 matches

by bryanm
Tue Oct 22, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: When is S Corp better than sole proprietor?
Replies: 87
Views: 4243

Re: When is S Corp better than sole proprietor?

Every W-2 employer must deduct SS taxes up to the the full MTE. While you can get a credit for the employee share on your 1040 tax return. The employer share is never recoverable. I almost included an "ask Spirit Rider" addendum to my post, and I'm glad you chimed in. That's a huge implication. I w...
by bryanm
Tue Oct 22, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: When is S Corp better than sole proprietor?
Replies: 87
Views: 4243

Re: When is S Corp better than sole proprietor?

Then the only benefit is the liability shield. For which, you have to file a second tax return & run payroll for yourself. (Note: I'm going to call your partner income your "W2" income and your S-Corp income your "1099 income," recognizing that this is inaccurate, because your S-Corp would also iss...
by bryanm
Tue Oct 22, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: When is S Corp better than sole proprietor?
Replies: 87
Views: 4243

Re: When is S Corp better than sole proprietor?

The general benefit of an S-Corp is that you can pay yourself reasonable compensation, and then take the remaining profits as distributions. Those distributions are not subject to payroll taxes. If your "reasonable compensation" exceeds the social security tax limit, the benefits are relatively smal...
by bryanm
Tue Oct 22, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 16290

Re: This strategy beats a total stock market fund? Really?

You left out the key word of the title: "Opinion" :)

This article is proposing a "tilt" towards small stocks. That's not something new, and if you read up on the board you'll find plenty of discussion. Some favor it, others do not. Here's a wiki entry.
by bryanm
Tue Jul 02, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Keep garage 'cooler' during summer
Replies: 31
Views: 4160

Re: Keep garage 'cooler' during summer

Long shot, but here's an out-of-the box answer: Do you have an older electric water heater in the garage? If so, replace it with a heat pump-based water heater (which acts as an A/C for the garage while heating your water). You'll save electricity vs. a traditional heater. In addition, many locales...
by bryanm
Tue Jul 02, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Keep garage 'cooler' during summer
Replies: 31
Views: 4160

Re: Keep garage 'cooler' during summer

Long shot, but here's an out-of-the box answer: Do you have an older electric water heater in the garage? If so, replace it with a heat pump-based water heater (which acts as an A/C for the garage while heating your water). You'll save electricity vs. a traditional heater. In addition, many locales ...
by bryanm
Tue Jul 02, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Signing Bonus into S-corp: Tax ramifications
Replies: 2
Views: 355

Re: Signing Bonus into S-corp: Tax ramifications

The tax forms don't have a field for which bank account it went into. For your purposes, the bank account doesn't matter. Who is the loan being issued to, you personally or the S-Corp? That same entity would be the one realizing income when the loan is forgiven. Don't switch entities midstream. As y...
by bryanm
Fri Jun 21, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: Best 7 or 8 cup food processor?
Replies: 18
Views: 975

Re: Best 7 or 8 cup food processor?

Before putting too much emphasis on wattage you need to know if its peak or continuous. My meat grinder is rated to about 550 watts (3/4hp, not sure if thats input or output though) and so is my Ankarsrum mixer which also has a brushless motor. Both of these definitely have way more power than any ...
by bryanm
Fri Jun 21, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 5672

Re: The End of Passive Investing?

what would happen if everybody in the world with a toilet flushed their toilet at the same time? Can anyone point me to other discussions about this? I may be using the wrong search terms. I hope this helps: https://home.howstuffworks.com/home-improvement/plumbing/everybody-flushes-toilets.htm Most...
by bryanm
Mon Jun 17, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: wood floors and general cleaning: steam?
Replies: 29
Views: 2400

Re: wood floors and general cleaning: steam?

We have a roomba that keeps the floors clean day-to-day. I know of the bona mop and cleaner, but I was hoping to find something that's a bit more automated and could be used for other jobs. If you're interested in automation, have you considered the Braava automated mop (basically a mopping Roomba)?
by bryanm
Mon Jun 17, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 3385

Re: Recommendation for light beer.

What beer do you really enjoy? Recommendations will vary based on whether you like stouts, IPAs, red ales, barley wine, etc., etc. The fundamental limit here is malt, which provides sugars for yeast to eat. More malt typically means more fermentation and higher ABV. If the malt isn't eaten, that's r...
by bryanm
Tue Jun 11, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Best Laptop/Surface Pro - $1,000 +/-
Replies: 14
Views: 1165

Re: Best Laptop/Surface Pro - $1,000 +/-

I'll post the counter-anecdote to onourway's comment. I owned a Lenovo X1 Carbon for a few years. It failed multiple times. I purchased the highest level of warranty from Lenovo, but after 3 onsite visits failed to fix the issue (a failed screen or connector--physical, not software), I went and purc...
by bryanm
Sat Jun 08, 2019 7:27 pm
Forum: Personal Consumer Issues
Topic: Can't open links in Thunderbird
Replies: 4
Views: 463

Re: Can't open links in Thunderbird

I found this: Hyperlinks in Messages Not Working Next step after verifying default browser is: Check that no application is specified for the HTTP content type In Thunderbird, you can specify an action that occurs when you click on various types of attachments and inline content. If the action for t...
by bryanm
Thu Jun 06, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: Any TV guys out there?
Replies: 35
Views: 3087

Re: Any TV guys out there?

I guess it is the new thing but I'm not a fan of the two legged approach. I prefer the center base. I heard it was something about tvs tipping over but that seems pretty lame to me. I also despise the two outer leg design. It is an effort to squeeze every cent of cost out of the unit. The center st...
by bryanm
Wed Jun 05, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: "Stay course" conflicts: Help me understand.
Replies: 10
Views: 1374

Re: "Stay course" conflicts: Help me understand.

Had I not read about staying the course (as part of BH philosophy) and tried to apply the above method to investing, I would tweak the strategy every year to adjust or adapt based on the returns of the strategy. But since I've read BH, I know that would not be a sensible approach. This is a signal ...
by bryanm
Wed Jun 05, 2019 10:37 am
Forum: Personal Investments
Topic: DCA on the way out, too? Even towards a conservative AA?
Replies: 13
Views: 1055

Re: DCA on the way out, too? Even towards a conservative AA?

A common argument for DCA is that you transact more shares at a lower price than at a higher price. That sounds desirable for acquiring shares. It does not sound desirable for selling shares. I'm going to have to ponder this one... Just to wrap this up, this is not a valid point for lump sum v. DCA...
by bryanm
Fri May 31, 2019 2:00 pm
Forum: Personal Investments
Topic: Isn’t it good to have some bond funds in taxable account?
Replies: 11
Views: 1878

Re: Isn’t it good to have some bond funds in taxable account?

Don't let the tax-tail wag the return-dog. Yes, it's okay to hold bonds in taxable if you run out of space for your AA in tax-advantaged accounts. The problem with bonds in taxable isn't capital gains (or lack thereof) at the time of sale, it's "tax drag": the lowering of each year's return by the t...
by bryanm
Thu May 30, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Are you missing a $15,000 payment from CRB FREEDOM?
Replies: 28
Views: 5080

Re: Are you missing a $15,000 payment from CRB FREEDOM?

Thanks for keeping up updated!

Now don't go trying to ACH from accounts that are very similar to yours...
by bryanm
Thu May 30, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: A book reccommendation .......please?
Replies: 6
Views: 428

Re: A book reccommendation .......please?

Sorry you had a bad experience. I think the one thing most people don't consider enough in legal matters is cost vs. downside risk. Legally speaking, wills are tricky. There is a reason lawyers are able to charge what they charge to prepare them. However, you really only get into the legal weeds wit...
by bryanm
Fri May 24, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23551

Re: House votes to change RMDs to 72

Per Rule 4a, "...discussions of proposed laws or regulations are prohibited," except that "[p]roposed regulations that are directly related to investing may be discussed if and when they are published for public comments." Seems reasonable to say that passage by the House is "published for public co...
by bryanm
Thu May 23, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Are you missing a $15,000 payment from CRB FREEDOM?
Replies: 28
Views: 5080

Re: Are you missing a $15,000 payment from CRB FREEDOM?

My guess is that it's an error. I've never met a scammer willing to put up $15k in "real" money (I'm assuming it is real in the sense that your bank would let you withdraw it if you asked) to a mark. But maybe I'm the sucker born today. In any event, seems best to let it sit while your bank does th...
by bryanm
Thu May 23, 2019 1:24 pm
Forum: Personal Investments
Topic: 401(k)/403(b) Distributions When You Have Both Traditional and Roth Money
Replies: 4
Views: 397

Re: 401(k)/403(b) Distributions When You Have Both Traditional and Roth Money

Right, I understand treating it separately, but my question is say I want to roll my Roth accumulations over to a Roth IRA. Do I have to pick the specific funds I bought with my Roth contributions, or do I pick whatever funds I want? My understanding is that the funds are partitioned. So, when roll...
by bryanm
Thu May 23, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Legal Advice Needed: Immigration and employment question
Replies: 13
Views: 1354

Re: Legal Advice Needed: Immigration and employment question

I am surprised that no one suggested that she talk to an immigration lawyer. This is the right advice. Don't let cost dissuade you--there are quite a few non-profits that have immigration attorneys available to discuss these issues on a more informal basis. Even under the current administration, th...
by bryanm
Thu May 23, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Are you missing a $15,000 payment from CRB FREEDOM?
Replies: 28
Views: 5080

Re: Are you missing a $15,000 payment from CRB FREEDOM?

My guess is that it's an error. I've never met a scammer willing to put up $15k in "real" money (I'm assuming it is real in the sense that your bank would let you withdraw it if you asked) to a mark. But maybe I'm the sucker born today. In any event, seems best to let it sit while your bank does the...
by bryanm
Wed May 22, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Short (3 night) Catamaran Charter in USVI or BVI
Replies: 14
Views: 1308

Re: Short (3 night) Catamaran Charter in USVI or BVI

I would recommend contacting Sunsail. (Sunsail.com) They are a large and well trusted charter service in the islands. Tell them what you are looking for and they can make recommendations on boats, itineraries, skippers, etc. Have fun! I did a 7-day bareboat (no skipper) charter out of the Bahamas w...
by bryanm
Fri May 17, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: $ Decisions: environmental, save the planet, organic, etc
Replies: 32
Views: 2084

Re: $ Decisions: environmental, save the planet, organic, etc

modern car safety features are near priceless I don't agree with that. There was a very interesting discussion on this forum recently about how to calculate the benefit of these features, but I think we can agree that the line is somewhere below the value of your life. If deciding between two other...
by bryanm
Fri May 17, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: $ Decisions: environmental, save the planet, organic, etc
Replies: 32
Views: 2084

Re: $ Decisions: environmental, save the planet, organic, etc

4. For all the wailing and gnashing of teeth about estimating environmental impact, the market based price actually usually IS a pretty good indicator, at least where trendiness or fashion, or govt subsidies don't distort it too much. Think about it -- the *cost* that went into manufacturing an ite...
by bryanm
Thu May 16, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 106
Views: 8324

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

Your intuition is correct: smaller cars are "more dangerous" in the average crash. See, for example, this study which found that "the fatal accident rate is inversely proportional to vehicle size." I drive a small car (a Leaf), and drove larger cars in the past. You do get used to it, but that doesn...
by bryanm
Wed May 15, 2019 12:17 pm
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 102
Views: 13737

Re: If you are already wealthy, what keeps you motivated?

I find myself motivated toward different things at different times. Why those things at those times? Tradition. Who, day and night, must scramble for a living, Feed a wife and children, say his daily prayers? And who has the right, as master of the house, To have the final word at home? The Papa, t...
by bryanm
Thu May 02, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Very Delayed Posthumous Bill
Replies: 17
Views: 3984

Re: Very Delayed Posthumous Bill

Follow up: I received a copy yesterday of a certified letter the attorney sent to the county collections office, in which he informed them that the person who incurred the debt is dead, probate has been completed and the statute of limitations for creditors has passed. He also included a letter his...
by bryanm
Tue Apr 30, 2019 5:57 pm
Forum: Personal Consumer Issues
Topic: Rational way to thinking about laptop replacement/repair
Replies: 16
Views: 1201

Re: Rational way to thinking about laptop replacement/repair

The maxim that you shouldn't insure foreseeable, self-coverable costs is only true when the external insurer has knowledge of your situation and adequately incorporates that knowledge into the insurance price. Store warranties are an interesting case, because given their flat rates, neither of those...
by bryanm
Wed Apr 24, 2019 11:22 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

jebmke wrote: Wed Apr 24, 2019 11:05 pm If I understand your comment, that means that in order to isolate devices off a main network AND allow them to talk to each other (but not the main network), one would need to implement VLAN?
Correct. At least to my understanding.
by bryanm
Wed Apr 24, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

You could set up a parallel network to the Airports for IoT devices. Literally duplicate a physical network. Completely inefficient, but if the Apple stuff works and you're buying new gear anyway... I don't get the complication. That's what the Guest Network is, without all the extra hardware. You ...
by bryanm
Wed Apr 24, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

If you're entertaining out-of-the box solutions, here's another idea I thought of: You could set up a parallel network to the Airports for IoT devices. Literally duplicate a physical network. Completely inefficient, but if the Apple stuff works and you're buying new gear anyway... I will think on i...
by bryanm
Wed Apr 24, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

The Orbi is looking pretty good; affordable, plays well with FIOS (although Verizon would rather you purchase directly from them), can have up to 3 SSID, etc. I haven't used Orbi, but it seems like it will do the trick. I would make sure that when they say 3 SSID's, they mean isolated networks. Som...
by bryanm
Wed Apr 24, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

From what I've gathered, I can: Give up the FIOS DHCP lease Quickly turn off the FIOS router Take the WAN from the ONT, disconnect it from the FIOS router, and plug it into my Airport Take an Ethernet cable from the LAN output of the Airport and plug it into the FIOS router Disable DHCP distributio...
by bryanm
Tue Apr 23, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

Not for the faint of heart, but explains why Guest Networking isn't working. ENABLE VLAN 1003 ON YOUR SWITCH If you’re Airport Extreme is not connected directly to your router, you’ll need to enable VLAN tagging on the the ports of your switch in order for it to pass the VLAN 1003 802.1q tags to yo...
by bryanm
Tue Apr 23, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

I don't know why cabana and garage don't work with the same network name when plugged into the FIOS router. The Ethernet cable goes into a conduit and then appears in the outbuildings at a jack; I have not looked into whether the wiring is funky; the previous owner was an EE and did some odd things...
by bryanm
Tue Apr 23, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6655

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

I think the fundamental problem with any sufficiently advanced technology is that making it easy to use (magic!) takes quite a bit of development, and that's usually only done for high volume use-cases. Your use-case is unique for a few reasons, but the most straightforward is that you're trying to ...
by bryanm
Thu Apr 04, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with the California franchise tax rules for foreign entities?
Replies: 5
Views: 365

Re: Anyone familiar with the California franchise tax rules for foreign entities?

If I were to guess, I would say that California would probably consider you as "physically operating in California" purely based on having an office there, reinforced by the fact that you have banked in California. Personally, I would err on the side of caution and pay the $800. (I'm in a similar si...
by bryanm
Wed Apr 03, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: Windows 10 security software
Replies: 33
Views: 2798

Re: Windows 10 security software

Agreed that Defender is probably good enough. I use Bitdefender (no relation to Windows defender), but only because I've been known to frequent the seedier side of the net.
by bryanm
Tue Apr 02, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: Frequent flyers: quality of airline onboard wifi?
Replies: 9
Views: 679

Re: Frequent flyers: quality of airline onboard wifi?

It depends on the flight. Traditional Gogo WiFi is pretty spotty, and can be frustrating. However, some Delta flights have been upgraded to 2Ku high-speed WiFi. The link shows that it's available on 737-900 flights (which is not a "737 Max" plane, BTW), but I'm not sure if that's all flights. On the...
by bryanm
Fri Mar 29, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]
Replies: 72
Views: 7601

Re: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]

So much effort and time is put into avoiding the potential perils of using the 4% rule for retirement income (aka the "constant dollar" method), and often it is never realized that the greatest issue with that is actually the use of that withdrawal method itself. Said another way, trying to find th...
by bryanm
Thu Mar 28, 2019 2:43 pm
Forum: Personal Consumer Issues
Topic: router internet parental controls
Replies: 28
Views: 2286

Re: router internet parental controls

Have you considered a UTM appliance? You don't even need to change your router--just have a UTM machine somewhere and configure the router to pass all traffic through the UTM. I use Sophos UTM, which is free for home use (it's running on a VM in my server). It's a small business grade solution, and ...
by bryanm
Wed Mar 27, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth IRA clarification
Replies: 29
Views: 1133

Re: Traditional vs. Roth IRA clarification

You are missing that the traditional leaves money in your pocket now that can also be invested and attain the same returns Ok let me run some numbers assuming 25% tax bracket for rounder numbers. You have $8000 pre-tax money to invest. You ninja-edited my comment into oblivion :). I believe I agree...
by bryanm
Wed Mar 27, 2019 5:03 pm
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth IRA clarification
Replies: 29
Views: 1133

Re: Traditional vs. Roth IRA clarification

Different people may have different "primary values," and we shouldn't look at IRAs in particular (to the exclusion of other tax-advantaged space, like 401ks). Having higher effective contribution limits is great, but if you only invest post-tax dollars, you're probably leaving money on the table l...
by bryanm
Wed Mar 27, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Free dinner from an attorney
Replies: 32
Views: 3693

Re: Free dinner from an attorney

As a lawyer, I hate this. I would never lend my imprimatur to another non-law profession by "hosting" something as a gentle suggestion that my legal counsel was that they accept that person's services. Depending on the financial/business arrangement (and the state), this could easily be unethical. ...
by bryanm
Wed Mar 27, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth IRA clarification
Replies: 29
Views: 1133

Re: Traditional vs. Roth IRA clarification

The primary value of ROTH is tax rate arbitrage. Given static tax law, the lowest total tax paid results from a constant taxable income. I disagree. The primary value of ROTH is that you can contribute more of today's income to save for your retirement tax free. If you're in the 24% tax bracket, co...
by bryanm
Wed Mar 27, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth IRA clarification
Replies: 29
Views: 1133

Re: Traditional vs. Roth IRA clarification

I am assuming that I have $6,000 to invest. I can put $6,000 in the Roth or I can put $6,000 in traditional, deduct it and have another $1,500 to invest. That $1,500 will be invested in a taxable account and thus subject to dividend taxes each year and capital gains taxes when withdrawn. Having the...
by bryanm
Wed Mar 27, 2019 11:07 am
Forum: Investing - Theory, News & General
Topic: Traditional vs. Roth IRA clarification
Replies: 29
Views: 1133

Re: Traditional vs. Roth IRA clarification

I am assuming that I have $6,000 to invest. I can put $6,000 in the Roth or I can put $6,000 in traditional, deduct it and have another $1,500 to invest. That $1,500 will be invested in a taxable account and thus subject to dividend taxes each year and capital gains taxes when withdrawn. Having the...