Search found 1251 matches

by ClevrChico
Tue Mar 13, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA Backdoor Roth - Getting double taxed
Replies: 10
Views: 1189

Re: FreeTaxUSA Backdoor Roth - Getting double taxed

I had this problem the first time I used FreeTaxUSA. Just keep going, and eventually the numbers turn out right. Same for me, it turned out fine. I was only taxed $1 on the dividends gained between the conversion. Ok, I'll just keep forging ahead or contact their support. This is my first year with...
by ClevrChico
Tue Mar 13, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA Backdoor Roth - Getting double taxed
Replies: 10
Views: 1189

Re: FreeTaxUSA Backdoor Roth - Getting double taxed

climber2020 wrote:
Tue Mar 13, 2018 6:59 am
I had this problem the first time I used FreeTaxUSA.

Just keep going, and eventually the numbers turn out right.
Same for me, it turned out fine. I was only taxed $1 on the dividends gained between the conversion.
by ClevrChico
Sun Mar 11, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 10012

Re: Can I take an 85+% pay cut for fun?

Have you thought about switching up MegaTech for a MegaCorp? I think you'd find the environment much less likely prone to burnout. MegaCorp doesn't mean boring necessarily, and it wouldn't be CrazyTown like MegaTech can be. You'd probably give up RSU's, but still maintain a good salary.
by ClevrChico
Sat Mar 10, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for Renter offer
Replies: 19
Views: 2206

Re: Advice needed for Renter offer

As a prospective renter, one landlord would allow me to have a pet if I prepaid a full year's rent. I declined.
by ClevrChico
Mon Mar 05, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Donations to your enrolled public school
Replies: 106
Views: 6705

Re: Donations to your enrolled public school

I've never heard of this, and we're in a state with high ranking public schools. I thought we were doing pretty well with maxing out supply drive requirements and putting in $15 here and there in into the fundraisers. :-) State and local taxes are on the high side, but the schools are generally good...
by ClevrChico
Mon Mar 05, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to get spare car keys
Replies: 32
Views: 4626

Re: Cheapest way to get spare car keys

My gf at the time, now wife, made me always return my keys to the exact spot in the apartment. Haven't lost my keys since. A keyrack or simple basket works well. It saved her from having to participate in frequent key hunts. You may want to have an additional key made and give it to a close friend o...
by ClevrChico
Mon Mar 05, 2018 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Pickleball versus Tennis
Replies: 27
Views: 2851

Re: Pickleball versus Tennis

Our park has a tennis court with pickleball lines. Best of both worlds. I find pickleball to be an incredible workout.
by ClevrChico
Mon Mar 05, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Career Next Steps for a Software Developer?
Replies: 8
Views: 1359

Re: Advice on Career Next Steps for a Software Developer?

If you're considering a SaaS business, I recommend spending some hours here from someone that did it:

https://www.kalzumeus.com/

From the last update I'm aware of, he sold his businesses and was working a regular dev job. It's fascinating, detailed reading.
by ClevrChico
Mon Mar 05, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Another reason to steer clear of Bitcoin. As if we need another reason...
Replies: 47
Views: 6803

Re: Another reason to steer clear of Bitcoin. As if we need another reason...

I'd agree with OP on this one. This is a real risk. Even something as liquid as cash is serialized and can be tracked which can prevent crime. (DB Cooper never spent any of his randsom money.) Enthusiasts scorn those that flaunt their crypto wealth, such as luxury cars with BTC license plates, as it...
by ClevrChico
Sat Mar 03, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: 2014 Honda CR-V Certified
Replies: 10
Views: 871

Re: 2014 Honda CR-V Certified

I would ask for complete maintenance history (they probably have it) and have an indy mechanic look at it. It's also a pretty reliable car, so the CPO warranty just adds cost IMO. You could probably find one from a private party for 10-20% less. Given the way Honda's hold they value, plus the premi...
by ClevrChico
Sat Mar 03, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 20316

Re: What was your % pay raise?

blevine wrote:
Sat Mar 03, 2018 8:22 am
We got first raises in many years, varied per employee in my employer, but 2-4% was typical. Dying industry that this forum is helping to kill :-)
LOL, too funny. I think your industry is going to be fine unless financial literacy increases exponentially. :happy
by ClevrChico
Fri Mar 02, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 20316

Re: What was your % pay raise?

Outstanding year all around, good results, good review. 3-point-something. Inflation and some benefit changes likely mean I actually went backwards from last year. It looks okay on paper, though.
by ClevrChico
Wed Feb 28, 2018 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 16404

Re: How much cash do you keep at any time on checking?

$5k. Anything above gets invested in Vanguard. This has served me well for years.
by ClevrChico
Wed Feb 28, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: Office conflict - How to deal?
Replies: 7
Views: 878

Re: Office conflict - How to deal?

Don't bite that hand that feeds you. I can't imagine throwing a supportive boss under the bus for the sake of someone else.
by ClevrChico
Sun Feb 25, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 6359

Re: 3 layers of roof. Pull my offer??

The house I grew up in had three layers. The third layer that the previous owner installed lasted twenty years. The only downside was that tear down cost more money when layer three wore out.
by ClevrChico
Sun Feb 25, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Pick up a part-time to get to FI faster or use that time to pursue my dream?
Replies: 11
Views: 1256

Re: Pick up a part-time to get to FI faster or use that time to pursue my dream?

Any second job/gig will be taxed at your highest marginal tax rate. Add self-employment tax if you're working as a 1099. You could be easily working near minimum wage at the PT jobs you mentioned, but paying nearly half in income taxes. It's totally dependent on your situation, but it's probably not...
by ClevrChico
Sat Feb 24, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: Ethics of selling a used car
Replies: 54
Views: 4775

Re: Ethics of selling a used car

Some potential buyers will use your disclosures to beat you up on price/condition, even if you've already priced the car with the issues in mind. I'd state any disclosures in very general terms and sell "as is". This is from Craigslist, so other marketplaces may not be so terrible.
by ClevrChico
Sat Feb 24, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 83
Views: 6264

Re: Favorite socks?

Wal-Mart "Starter" brand crew socks in a large boys size. Super cheap and they hold up just as well as the fancy ones. Kids sizes priced cheaper than adult, and they fit well.
by ClevrChico
Sat Feb 24, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 14235

Re: How Far is too Far, Commuting?

I commuted to college, 45 minutes each way (in good road conditions) X 4 years. Winter storms could easy double that.

I decided to never do that again, and I average about ten minutes each way. I'd do anything possible to avoid a long commute.
by ClevrChico
Sat Feb 24, 2018 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Should I ask for a larger raise at yearly review?
Replies: 37
Views: 2898

Re: Should I ask for a larger raise at yearly review?

In summary, you were promoted at year two with an 8% increase, expecting a 3-5% annual increase, work 100% remote, and you want to ask for more money? It could be in very bad taste to ask for more, or maybe not. You'd have to know how you compare to other companies and your compa-ratio of your curre...
by ClevrChico
Sun Feb 18, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 11381

Re: Do you wear a wedding band? [at a job interview]

I would go out of my way to wear it at a job interview. It proves you made a commitment. I've heard a company owner say it shows you need the money and will reliably show up to work. :-) I do not wear mine on a daily basis. I find rings very unconformable being on a keyboard all day, and they tend t...
by ClevrChico
Sun Feb 18, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Tax Credit on Iowa State Income Tax
Replies: 7
Views: 676

Re: Foreign Tax Credit on Iowa State Income Tax

According to Individual Income Tax Provisions in the States , from the Wisconsin Legislative Fiscal Bureau, there is a state foreign tax credit in AL, AZ, HI, IA, MT, NC, and a limited credit in LA. If you live in one of these states (except LA, whether the credit is capped at a low level), this ma...
by ClevrChico
Sun Feb 18, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 12941

Re: I'm Cancelling My Home Insurance

A better option is to set your deductible to a really high value. Mine is set at $20,000 and ends up being pretty cheap. +1 to this, it can make a big difference on cost. Also check for any unnecessary coverage. (Like ID theft insurance, if you don't need it. Agents seem to love tacking this stuff ...
by ClevrChico
Sun Feb 18, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Is Enterprise Architecture worth building career upon?
Replies: 12
Views: 1210

Re: Is Enterprise Architecture worth building career upon?

I think cloud/agile teams will be more in control and design than architects in the near future. A simple script can get them near limitless cloud resources and technology today, requiring no high level coordination or complex planning. And they can tear it all down and change technology just as eas...
by ClevrChico
Sat Feb 17, 2018 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Working for a MegaCorp vs a Small Business
Replies: 19
Views: 1591

Re: Working for a MegaCorp vs a Small Business

I've done years at both, and I far prefer the MegaCorp. Good pay, benefits, stability, and room for promotion make it very appealing. In my experience small corps were the opposite of all that, along with nepotism making for some really punishing work environments. The 401k plans were really bad too...
by ClevrChico
Fri Feb 16, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Tax Credit on Iowa State Income Tax
Replies: 7
Views: 676

Re: Foreign Tax Credit on Iowa State Income Tax

According to Individual Income Tax Provisions in the States , from the Wisconsin Legislative Fiscal Bureau, there is a state foreign tax credit in AL, AZ, HI, IA, MT, NC, and a limited credit in LA. If you live in one of these states (except LA, whether the credit is capped at a low level), this ma...
by ClevrChico
Fri Feb 16, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Tax Credit on Iowa State Income Tax
Replies: 7
Views: 676

Re: Foreign Tax Credit on Iowa State Income Tax

The link you provided clearly indicates that FTP is treated as other state taxes paid and is deductible on IA state return to avoid double taxation. My state has a similar credit and taking the credit is totally in compliance with the law. Thanks for the confirmation! Looks like I have a few return...
by ClevrChico
Fri Feb 16, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Tax Credit on Iowa State Income Tax
Replies: 7
Views: 676

Foreign Tax Credit on Iowa State Income Tax

There's several similar topics on the foreign tax credit on state income taxes, but they are all somewhat inconclusive, and I understand it varies by state. I hold Vanguard FTSE All-World ex-US Index Fund in taxable which generates dividends and lists foreign income tax paid on the 1099-DIV. Various...
by ClevrChico
Fri Feb 16, 2018 3:02 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 8172

Re: How to get child's skin in the game for college?

Teach financial literacy before college possibly? OP has a good question.
by ClevrChico
Wed Feb 14, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Digital alarm clock suggestions?
Replies: 38
Views: 3627

Re: Digital alarm clock suggestions?

My main alarm is a Casio W-800H watch. It's comfortable enough to wear 24/7. Its large display is readable at night. Good illumination feature. Has a "Snooze Alarm" to pester you until you wake up. I previously used my phone as an alarm, but it has frozen during the night a couple times, leading to ...
by ClevrChico
Sun Feb 11, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 5435

Re: Can I afford to move to a lower paying career?

I'd bail. I find the out of timezone calls very disruptive. About 50% of the time the other party doesn't attend or the connection is so bad it's an intelligible conversation. (Plus the power outages and chaotic background noises.) If you have family obligations, guess what, those stay on US time. /...
by ClevrChico
Thu Feb 08, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 6228

Re: What time do you go to work?

In the office, 9 - 5, with an abbreviated lunch, and some flex time remote work to get me up to 40 hours. The company is flexible, I'm flexible, so win/win.
by ClevrChico
Wed Feb 07, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 27862

Re: free dinner investing seminar

I had to beg a family member not to attend after they signed up for one of these. To my relief, they listened and didn't go. They were confident it was just a free dinner with no risk.
by ClevrChico
Sun Feb 04, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 8785

Re: "Bitcoin is my potential pension"

The belly aching on Reddit about having to pay capital gains taxes on bitcoin has been amusing. I was very tempted to suggest muni bonds if they didn't want to pay taxes.
by ClevrChico
Sun Feb 04, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: What would you do with this car?
Replies: 37
Views: 3285

Re: What would you do with this car?

The reviews I've seen of this vehicle are generally not good. (Outdated design, bad daily driver. Not surprising for what is a 1970's military vehicle.) I'd find a way to cut your losses the least. I wouldn't beat yourself up too much over it. You did get to drive a fancy car for a couple years.
by ClevrChico
Sat Feb 03, 2018 10:37 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 20852

Re: For BHs who actually like cars - what is your daily driver?

Honda Fit w/ manual transmission. Trying to drive a slow car fast, is more fun than driving a fast car fast. I hit the 7100 rpm rev limiter on about every commute. The same engine is used in Formula F racing. It's fun and an ideal daily.
by ClevrChico
Sat Feb 03, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9075

Re: Anyone else cashing out on *some* of the crazy earnings?

I have been tempted to buy a $3k watch. I'm still wearing my Casio. I bought a $3k Omega when I sold my first house by myself. At a healthy profit. It was a splurge but a nice reminder (even 15+ years later) and a point of pride for taking a risk to sell myself. Some things in life are more than a ...
by ClevrChico
Fri Feb 02, 2018 12:26 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9075

Re: Anyone else cashing out on *some* of the crazy earnings?

I have been tempted to buy a $3k watch. I'm still wearing my Casio.
by ClevrChico
Thu Feb 01, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Capital one & HR Block - Free taxes
Replies: 4
Views: 2924

Re: Capital one & HR Block - Free taxes

I tried signing up. HR Block does not allow you to paste a password, so it's not compatible with a password manager out of the box. (Which to me = less secure.) After the Equifax leak, I'm not sure I want to give my tax return data to a bank. FreeTaxUSA is $9.99 w/ a coupon. And I'm already half don...
by ClevrChico
Tue Jan 30, 2018 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 4221

Re: Should I join Linkedin?

It depends on your situation. I'm in tech, I love my current job, I do not want to relocate, and it's a good job. LinkedIn is of really no benefit for my situation. I get hounded by green recruiters for terrible temp jobs regularly. They occasionally get me confused with someone else. Sales people u...
by ClevrChico
Tue Jan 30, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 7813

Re: How to think about your house from a financial perspective

My house is simply a lifestyle choice. Housing is an expense.
by ClevrChico
Sun Jan 28, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: Impreza vs Corolla
Replies: 27
Views: 2082

Re: Impreza vs Corolla

They are totally different cars. And, the Subaru is the one likely to have expensive engine repairs and the Toyota is reliable.
by ClevrChico
Sun Jan 28, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: Buying rebuilt/salvage vehicles on Ebay
Replies: 22
Views: 1632

Re: Buying rebuilt/salvage vehicles on Ebay

I unknowingly and regrettably purchased a salvaged car. It was not a good value. Some things were never right, the non-disclosed repaint was of terrible quality and began peeling after a couple years, and overall reliability suffered. Value-wise, I think one is better off buying a new, reasonable c...
by ClevrChico
Sun Jan 28, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Buying rebuilt/salvage vehicles on Ebay
Replies: 22
Views: 1632

Re: Buying rebuilt/salvage vehicles on Ebay

I unknowingly and regrettably purchased a salvaged car. It was not a good value. Some things were never right, the non-disclosed repaint was of terrible quality and began peeling after a couple years, and overall reliability suffered. Value-wise, I think one is better off buying a new, reasonable ca...
by ClevrChico
Sun Jan 28, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 5671

Re: Does anyone not rebalance?

Since I'm still in accumulation phase and most of my accounts still receive contributions the rebalancing happens with new money. Same for me. I believe this is called "lazy rebalancing". It would work the same if you were spending down accounts too. Here's a handy calculator I found from the wiki:...
by ClevrChico
Sat Jan 27, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Looking for a cost effective way to file tax this year
Replies: 25
Views: 1914

Re: Looking for a cost effective way to file tax this year

www.freetaxusa.com offers free federal and $12.95/state filing. I find the interface much simpler/easier than the competitors. The pricing is very cost effective and well worth it for the time saving and error checking IMO. But, if you want to pay someone to do the work for you, a few hundred dollar...
by ClevrChico
Wed Jan 24, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Elliptical Machine Thumping/Knocking Sound
Replies: 8
Views: 1353

Re: Elliptical Machine Thumping/Knocking Sound

Debris in wheel tracks is my guess.
by ClevrChico
Mon Jan 22, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Have you or anyone you know actually used umbrella coverage?
Replies: 34
Views: 3878

Re: Have you or anyone you know actually used umbrella coverage?

I had one colleague have a settlement against him from when he was in his early 20's. Last I knew, wages were still being garnished. I had a college classmate spend his senior year tied up in litigation regarding a fatality auto accident. He graduated before it was settled, so I'm not sure what happ...
by ClevrChico
Sun Jan 21, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 25
Views: 1717

Re: Anyone donated a car to charity?

Someone donated a 14 year old vehicle this month to our charity through an organization that handles vehicle donations. The net donation to our charity? $25 is all! I'm a bit frustrated, as the scrap metal value alone is probably $300 if the vehicle was completely worthless. I'm going to suggest we...
by ClevrChico
Sun Jan 21, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 25
Views: 1717

Re: Anyone donated a car to charity?

Someone donated a 14 year old vehicle this month to our charity through an organization that handles vehicle donations. The net donation to our charity? $25 is all! I'm a bit frustrated, as the scrap metal value alone is probably $300 if the vehicle was completely worthless. I'm going to suggest we ...