Search found 3377 matches

by hudson
Wed Nov 25, 2020 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Calculating MAGI for Medicare
Replies: 8
Views: 881

Re: Calculating MAGI for Medicare

Many thanks HueyLD! It looks like Medicare MAGI is AGI plus tax-exempt plus 4 others. Non-taxed Social Security isn't included for Medicare. You may be thinking of the ACA which includes the non-taxable part of SS in MAGI https://laborcenter.berkeley.edu/pdf/2019/magi.pdf Thanks kaneohe! During my ...
by hudson
Wed Nov 25, 2020 6:39 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 157
Views: 11209

Re: Watermark on Draft Returns: State Available Jan 4th...maybe?

I purchased 2020 H&R Block Deluxe plus state as described in this discussion. I'm trying to figure out where I stand taxwise before Dec. 1st. When I printed my "test" return, a large watermark saying DRAFT RETURN, DO NOT FILE showed up 4 times on every page. Sometimes the watermark co...
by hudson
Tue Nov 24, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 157
Views: 11209

Watermark on Draft Returns: State Available Jan 4th...maybe?

I purchased 2020 H&R Block Deluxe plus state as described in this discussion. I'm trying to figure out where I stand taxwise before Dec. 1st. When I printed my "test" return, a large watermark saying DRAFT RETURN, DO NOT FILE showed up 4 times on every page. Sometimes the watermark cov...
by hudson
Tue Nov 24, 2020 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating MAGI for Medicare
Replies: 8
Views: 881

Re: Calculating MAGI for Medicare

Many thanks HueyLD! It looks like Medicare MAGI is AGI plus tax-exempt plus 4 others. Non-taxed Social Security isn't included for Medicare. You may be thinking of the ACA which includes the non-taxable part of SS in MAGI https://laborcenter.berkeley.edu/pdf/2019/magi.pdf Thanks kaneohe! During my ...
by hudson
Tue Nov 24, 2020 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating MAGI for Medicare
Replies: 8
Views: 881

Re: Calculating MAGI for Medicare

Many thanks HueyLD!
It looks like Medicare MAGI is AGI plus tax-exempt plus 4 others. Non-taxed Social Security isn't included for Medicare.
by hudson
Tue Nov 24, 2020 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating MAGI for Medicare
Replies: 8
Views: 881

Re: Calculating MAGI for Medicare

Here are the facts: https://fas.org/sgp/crs/misc/R43861.pdf Thanks Dontridetheindexdown! From your link...therefore, here's what's added to the AGI: For the purpose of identifying who is required to pay high-income Medicare premiums, MAGI is defined as the sum of (as defined in Table 1):  the bene...
by hudson
Tue Nov 24, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating MAGI for Medicare
Replies: 8
Views: 881

Calculating MAGI for Medicare

Are these two statements correct? (I'm looking at a 2019 Form 1040-SR) 1. To determine Medicare MAGI (Modified Adjusted Gross Income), take line 8b or Adjusted Gross Income (AGI) and add line 2a, Tax Exempt Interest. The sum of those two numbers is the Medicare MAGI. 2. Social Security will probabl...
by hudson
Tue Nov 24, 2020 7:53 am
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7344

Re: What is your percentage of debt to NW?

I see no reason to ever leverage debt again at this point in my life. Only exception: I will take a 0% car loan when offered Okay. So you will leverage debt when the rate is right. That's the same choice everyone makes in reality. I see your point - for me the right rate is 0% and perhaps most bogl...
by hudson
Mon Nov 23, 2020 5:52 pm
Forum: US Chapters
Topic: Are you a Boglehead?
Replies: 107
Views: 4362

Re: Are you a Boglehead?

You tell me. .. I own 12 funds across 8 classes. Always dividends over growth. 30.9% value 69.1 % Blend. My cost is .08% I think the 3 fund portfolio is weak. I get sick of seeing all the misleading quotes supporting 3 funds. I think it's ok to buy and sell a few single stocks.(play money) I don't ...
by hudson
Mon Nov 23, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio don't own bonds/cash
Replies: 86
Views: 7664

Re: Ray Dalio don't own bonds/cash

But surely nobody would buy bonds [/b] for the return at this point. Unless you are looking to shrink your wealth. Ocean77, I see your point. Since I don't want to buy any stocks or real estate, fixed income is all that's left. VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund) paid out 2.3% (annua...
by hudson
Mon Nov 23, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: If you roll your own financial analysis tools, what do you use?
Replies: 56
Views: 3315

Re: If you roll your own financial analysis tools, what do you use?

chuckb84 wrote: Sun Nov 22, 2020 5:14 pm Being lazy, I use Mathematica and Igor Pro, since so much is built in. But what do others use: R, Matlab, Excel, Python, etc?
excel, back of envelope, 4x6 note cards, the calculator app that comes with Windows 10, and H&R Block Deluxe
by hudson
Mon Nov 23, 2020 5:41 am
Forum: Personal Investments
Topic: Where to keep a large, and maybe necessary rainy-day fund?
Replies: 9
Views: 1112

Re: Where to keep a large, and maybe necessary rainy-day fund?

A little while ago I was able to sell some company stock, but the tax treatment was vague. Without getting into specifics, I consulted legal & tax experts, paid the appropriate tax, but there's some chance I'll need to pay additional tax at some point in the next years . For ease of mind, I've ...
by hudson
Sun Nov 22, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio don't own bonds/cash
Replies: 86
Views: 7664

Re: Ray Dalio don't own bonds/cash

But surely nobody would buy bonds [/b] for the return at this point. Unless you are looking to shrink your wealth. Ocean77, I see your point. Since I don't want to buy any stocks or real estate, fixed income is all that's left. VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund) paid out 2.3% (annua...
by hudson
Sun Nov 22, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 11413

Re: Can we afford this $725,000 house?

I can see your future and its in the new house with it paid off in your early 40s and THEN you can super charge your investing will all available cash flows. This summarizes one of the biggest mistakes many people make. People over buy on housing early, instead of investing aggressively early. Whil...
by hudson
Sun Nov 22, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 11413

Re: Can we afford this $725,000 house?

I can see your future and its in the new house with it paid off in your early 40s and THEN you can super charge your investing will all available cash flows. This summarizes one of the biggest mistakes many people make. People over buy on housing early, instead of investing aggressively early. Whil...
by hudson
Sat Nov 21, 2020 1:20 pm
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7344

Re: What is your percentage of debt to NW?

Age: 28 NW: 200K Debt: 170K 85% I'm surprised by the low number of people that report a significant debt burden . Is this due to the older population of this board ? Do people here simply pay of their home first? What's going on here? In my mind most people were paying down the mortgage until their...
by hudson
Sat Nov 21, 2020 5:38 am
Forum: Personal Consumer Issues
Topic: WIFI mesh - Orbi or Google
Replies: 36
Views: 2242

Re: WIFI mesh - Orbi or Google

I know there's a lot of WIFI threads but wondering if someone in the know could give me a specific recommendation. They have a google nest 4 pack , which is $400, but I've noticed they go on sale from time to time. https://www.costco.com/google-nest-wifi-router---ac2200-smart-mesh-wi-fi-router-4-pa...
by hudson
Fri Nov 20, 2020 5:59 pm
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7344

Re: What is your percentage of debt to NW?

No debt. I don't think that net worth has much value except to know it....except maybe to the Veterans Administration or the FAFSA people. When filling out the FAFSA for student college aid, they ask net worth type questions. When filing for (VA) Veterans Medical Benefits, they ask net worth type q...
by hudson
Fri Nov 20, 2020 4:27 pm
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7344

Re: What is your percentage of debt to NW?

No debt. I don't think that net worth has much value to me except to know it. The Veterans Administration and the FAFSA people want to know it. When filling out the FAFSA for student college aid, they ask net worth type questions. When filing for (VA) Veterans Medical Benefits, they ask net worth ty...
by hudson
Fri Nov 20, 2020 7:15 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio don't own bonds/cash
Replies: 86
Views: 7664

Re: Ray Dalio don't own bonds/cash

shuresm7b1 wrote: Thu Nov 19, 2020 9:56 am What do you guys think of Ray Dalio's comments on not to own bonds or cash ?
If it works for Ray, that's fine.
It doesn't work for me. I like fixed income products because they pay the bills with lower risk than stocks.
Who is Ray? Is he a TV personality?
by hudson
Thu Nov 19, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of buying new car with cash
Replies: 55
Views: 3707

Re: Logistics of buying new car with cash

I've driven new cars off the lot without paying with a check until a few days later. Bottom line: Don't ask us. Ask the seller all about this. You can try to negotiate anything you want. I agree... I've bought vehicles from 3 different dealers since 2007. They were all different. The large dealersh...
by hudson
Thu Nov 19, 2020 10:35 am
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

I bailed out of stocks in 2008 and moved to fixed income. I'm comfortable with where I am. I learned that I did not want to own any stocks ever. So how do you structure your assets? Are they mostly TIPS? T Bills? Annuities? I ask because I have a small allocation to stocks. antiqueman, I'm roughly ...
by hudson
Wed Nov 18, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Explorer, I hold the following... CDs Vanguard Intermediate Muni Fund Vanguard Total Bond ETF Vanguard GNMA MUB Thanks for a prompt response. You probably considered actively managed bond funds too? Like PIMIX (marquee fund from PIMCO with use of derivatives to control duration risk as well as go-a...
by hudson
Wed Nov 18, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Explorer, I hold the following...
CDs...mostly
Vanguard Intermediate Muni Fund
Vanguard Total Bond ETF
Vanguard GNMA
MUB
by hudson
Wed Nov 18, 2020 4:21 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Since the March lows I've made a mistake of selling almost all of my equities. With everything up now, I realized I made a big mistake. Anyone in a similar situation and what did you end up doing? I bailed out of stocks in 2008 and moved to fixed income. I'm comfortable with where I am. I learned t...
by hudson
Tue Nov 17, 2020 8:18 pm
Forum: Personal Consumer Issues
Topic: Long time retirees: any regrets?
Replies: 172
Views: 18529

Re: Long time retirees: any regrets?

I'm getting close to being retired 10 years...how time has flown! Was thinking do I wish I'd done anything differently so far. For the most part, retirement has been great, lots of satisfying experiences, reasonably good health, finances are fine. With Covid I'm realizing maybe I could have done a ...
by hudson
Tue Nov 17, 2020 7:03 pm
Forum: Personal Consumer Issues
Topic: Should I Sell Current Car & Buy Another For New Long Commuter Job?
Replies: 32
Views: 1806

Re: Should I Sell Current Car & Buy Another For New Long Commuter Job?

I have a unique work situation which has arisen where I will be driving between San Diego and Phoenix regularly, approximately once a week. Should I sell my 2019 Dodge Challenger v6 XST, which is already paid off and get a used Honda Civic? I'm not sure the savings in mileage will be worth the cost...
by hudson
Tue Nov 17, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Count me frugal and very conservative. My theory is that socking away savings is more effective than depending on the equity market. Back to Kareysue, Have you read Bernstein's The Four Pillars of Investing: Lessons for Building a Winning Portfolio ? or The Ages of the Investor: A Critical Look at L...
by hudson
Tue Nov 17, 2020 1:11 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Since the March lows I've made a mistake of selling almost all of my equities. With everything up now, I realized I made a big mistake. Anyone in a similar situation and what did you end up doing? I bailed out of stocks in 2008 and moved to fixed income. I'm comfortable with where I am. I learned t...
by hudson
Tue Nov 17, 2020 6:46 am
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 159
Views: 14219

Re: Anyone here mostly cash in portfolio?

Since the March lows I've made a mistake of selling almost all of my equities. With everything up now, I realized I made a big mistake. Anyone in a similar situation and what did you end up doing? I bailed out of stocks in 2008 and moved to fixed income. I'm comfortable with where I am. I learned t...
by hudson
Tue Nov 17, 2020 5:04 am
Forum: Investing - Theory, News & General
Topic: Starved & Searching for Yield???
Replies: 147
Views: 14555

Re: Starved & Searching for Yield???

I would do none of the above. I would buy PSLDX if I wanted higher yield/return. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=305950 PSLDX PIMCO StocksPLUS Long Duration Fund Institutional Class (PSLDX) 1.01% Expense Ratio 40% Stocks, 51% Bonds Portfolio/Holdings: https://www.schwab.co...
by hudson
Sun Nov 15, 2020 8:24 am
Forum: Personal Consumer Issues
Topic: Microsoft urges users to stop using phone-based multi-factor authentication
Replies: 83
Views: 8906

Re: Microsoft urges users to stop using phone-based multi-factor authentication

there are also those that chose to use a google number for 2FA then have those shut off by google. Someone posted another thread on this recently. After that recent thread, I did as SmileyFace said; with Vanguard, I use my Google Voice number for my backup two factor authentication. (My primary is ...
by hudson
Sat Nov 14, 2020 8:52 pm
Forum: Personal Investments
Topic: Thinking of Selling my Bonds
Replies: 29
Views: 2581

Re: Thinking of Selling my Bonds

Dannyzecca,

Have you figured the income taxes on selling your bond funds?
Have you read any Boglehead books?
I think that one should read the books to get a good feel for where he/she needs to go.
One would use the forum to tweak his/her plan.
by hudson
Sat Nov 14, 2020 2:46 pm
Forum: Personal Consumer Issues
Topic: Microsoft urges users to stop using phone-based multi-factor authentication
Replies: 83
Views: 8906

Re: Microsoft urges users to stop using phone-based multi-factor authentication

TravelGeek,
I agree that Google Voice is an option, but it's kind of technical.
If I recommended it to my non-technical friends, they would give me the thousand mile stare. :)
by hudson
Sat Nov 14, 2020 1:37 pm
Forum: Personal Consumer Issues
Topic: Microsoft urges users to stop using phone-based multi-factor authentication
Replies: 83
Views: 8906

Re: Microsoft urges users to stop using phone-based multi-factor authentication

At bedtime two weeks ago, I got two text messages from my bank with 2FA codes....the cell phone type 2FA codes. The time stamps were just one or two minutes previous. I had not been online to login to that bank. I called my bank; the agent said that my account had recently been logged onto twice. He...
by hudson
Fri Nov 13, 2020 9:58 pm
Forum: Personal Consumer Issues
Topic: Fraud attempts on two credit cards in three days
Replies: 30
Views: 2664

Re: Fraud attempts on two credit cards in three days

As you’re getting your credit card life back together, I strongly suggest that you get a credit card that is used solely for automatic and other monthly payments. There’s a huge “hassle avoidance” factor if you do so. Our primary card is a Citi Double Cash. In past times, we used that single card f...
by hudson
Fri Nov 13, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: Microsoft urges users to stop using phone-based multi-factor authentication
Replies: 83
Views: 8906

Re: Microsoft urges users to stop using phone-based multi-factor authentication

I'm not trying to hijack the thread, but doesn't a cell phone represent a single-point-of-failure? What if my cell phone is lost, stolen, breaks, etc. Then what? Can I fall back to email on another device? I'm not an expert. Correct me if I'm wrong. I think there are 3 ways that you can log on to a...
by hudson
Fri Nov 13, 2020 4:09 pm
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Muni deep risk?

Bottom Line: With VWIUX, I got the 2.3% annual rate on Nov 2d. The NAV did not fall. That's my point. Lots of folks mistakenly believe that they are only getting paid the SEC Yield. The amount that the NAV falls on one day is trivial. (And this fund, like most bond funds, accrues dividends daily, s...
by hudson
Fri Nov 13, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Muni deep risk?

MikeG62, I understand and agree with what you say....as usual. Bottom Line: With VWIUX, I got the 2.3% annual rate on Nov 2d. The NAV did not fall. That's my point. Lots of folks mistakenly believe that they are only getting paid the SEC Yield. You could not see the change in the NAV because there ...
by hudson
Fri Nov 13, 2020 12:58 pm
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Muni deep risk?

JackoC, We'll have to agree to disagree on the yield stuff. Munis a deep risk? High quality muni funds are still a good bet. Lots of good arguments both ways above....choose your poison. :) The 'yield stuff' is bond math 101, not a matter of opinion to 'agree to disagree' about'. If you buy a 5yr m...
by hudson
Fri Nov 13, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Muni deep risk?

JackoC, We'll have to agree to disagree on the yield stuff. Munis a deep risk? High quality muni funds are still a good bet. Lots of good arguments both ways above....choose your poison. :) The 'yield stuff' is bond math 101, not a matter of opinion to 'agree to disagree' about'. If you buy a 5yr m...
by hudson
Fri Nov 13, 2020 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Fees for First Time New Car Purchase
Replies: 28
Views: 2359

Re: Understanding Fees for First Time New Car Purchase

It's true that negotiating an OTD price is the best approach. I once had negotiated an OTD price and when the "finance man" was filling out the purchase contract, he kept making "mistakes" in an effort to confuse me. I finally told him to put my negotiated price at the bottom of...
by hudson
Fri Nov 13, 2020 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Fees for First Time New Car Purchase
Replies: 28
Views: 2359

Re: Understanding Fees for First Time New Car Purchase

I'm focused on the out-the-door price. :) That's the secret! I used to try to negotiate away those dealer extras and crazy fees. It was like fighting city hall. I was wasting my breath. Then I learned about negotiating with OTD prices. I also learned negotiate over the phone and never try to negoti...
by hudson
Fri Nov 13, 2020 6:41 am
Forum: Personal Consumer Issues
Topic: Parking citation from a private parking lot
Replies: 61
Views: 7162

Re: Parking citation from a private parking lot

I think that it depends on state or local laws. In my state, I can't find any references to fines for over-parking in private lots. I can find lots of laws about booting and towing. Many times, private lots will post a sign that gives all of the legal details including reference to any local or stat...
by hudson
Thu Nov 12, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Muni deep risk?

JackoC,

We'll have to agree to disagree on the yield stuff.
Munis a deep risk? High quality muni funds are still a good bet.
Lots of good arguments both ways above....choose your poison. :)
by hudson
Thu Nov 12, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Re: Good Quality Munis Have Risks: Still a Good Bet?

...Given that interest rates on high quality muni's are under 1%, does it make to take on risk? This is the main issue for me. For sub-1.0%, why take the risk (even if the risk is small)? FWWI, I have a large muni bond position, held in individual muni bonds acquired over many years, purchased when...
by hudson
Thu Nov 12, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3754

Good Quality Munis Have Risks: Still a Good Bet?

...Given that interest rates on high quality muni's are under 1%, does it make to take on risk? This is the main issue for me. For sub-1.0%, why take the risk (even if the risk is small)? FWWI, I have a large muni bond position, held in individual muni bonds acquired over many years, purchased when...
by hudson
Thu Nov 12, 2020 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Should I Purchase My Neighbor's Home?
Replies: 105
Views: 9892

Re: Should I Purchase My Neighbor's Home?

Cruise,
Great reply...probably in the top 10 all time!
by hudson
Wed Nov 11, 2020 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Purchase My Neighbor's Home?
Replies: 105
Views: 9892

Re: Should I Purchase My Neighbor's Home?

The purchase of the home next door would be accomplished by taking a mortgage in an amount that would be about 10% of our net worth. Our down payment would be 5% of our net worth and would not require any sales of equity positions. The down payment amount roughly would be equivalent to 90% of our a...