Search found 443 matches

by Pete12
Tue Apr 06, 2021 1:42 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 183
Views: 34502

Re: Costco rotisserie chicken

Let's face it- if you don't pick up a $5 rotisserie Chicken each time you visit Costco then you're insane! :oops: However I find it gets a bit boring after a while... I usually just reheat it and serve with some rice and veg for a quick weeknight meal. What do you guys do with YOUR Costco chickens ...
by Pete12
Wed Mar 31, 2021 7:56 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 183
Views: 34502

Re: Costco rotisserie chicken

Here’s another recipe we recently came up with on the fly. A hot “thanksgiving” style sandwich. Slice up the chicken and serve it hot on an open faced sandwich with stuffing, cranberry sauce, and gravy. Fantastic!
by Pete12
Fri Feb 26, 2021 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can One Keep Trial Deposits?
Replies: 33
Views: 7784

Re: Can One Keep Trial Deposits?

I recently linked a checking account with Capital One to another bank. Capital One sent the trial deposits over two weeks ago and have not taken them back. Am I good to go? I think you are good. I've had some taken back, and sometimes remain. In most cases, the sum of the deposits is still less tha...
by Pete12
Thu Feb 25, 2021 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Can One Keep Trial Deposits?
Replies: 33
Views: 7784

Re: Can One Keep Trial Deposits?

I recently linked a checking account with Capital One to another bank. Capital One sent the trial deposits over two weeks ago and have not taken them back. Am I good to go?
by Pete12
Fri Feb 12, 2021 8:32 am
Forum: Personal Consumer Issues
Topic: What's your favorite reasonably priced gin?
Replies: 113
Views: 8543

Re: What's your favorite reasonably priced gin?

After diligent research, the results are in! My top pick for a great martini is Beefeater (with Tanqueray placing second). Thanks to all for this educational (and very actionable) thread! Thank you! Beefeater may not be the most fashionable or expensive, but it’s my favorite gin for a martini! Chee...
by Pete12
Wed Feb 10, 2021 5:13 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 183
Views: 34502

Re: Costco rotisserie chicken

I guess I am not typical. I have gone to Costco and gone to the back of the store to pick up a gallon of milk and left the store with that one item. I live close to the store so this is not uncommon for us. Other times we roam the store looking for bargains. The impulse purchases we make doing this...
by Pete12
Tue Feb 09, 2021 1:30 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 183
Views: 34502

Re: Costco rotisserie chicken

Ignoring the chicken's quality of life, I must be one of the few bogleheads who really doesn't like the Costco chickens. For lack of a better description, they taste way to hot-doggy - salty / preserved / etc. I'd much rather buy a fresh chicken (Costco is great for this!) and roast it - while it t...
by Pete12
Tue Feb 09, 2021 8:40 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18295

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

Too bad... this is a great community. I browse most days and usually learn something new. Just a few examples of amazing things I have learned here: - How to enable ACH transfers into my 401k - How to roll over basis from a IRA to a Roth IRA and the proper tax reporting for that - Why it’s mathemati...
by Pete12
Tue Feb 02, 2021 11:55 am
Forum: Personal Investments
Topic: Having such a hard time with investing now
Replies: 70
Views: 5504

Re: Having such a hard time with investing now

OP, The average annual return difference between 100/0 and 60/40 is less than 1% per year. Why keep an AA of 90/10 when 60/40 can get you there with less stress? KlangFool Can you post the source for this please? This is very eye opening and I think would help a lot of folks out (including myself!)...
by Pete12
Tue Feb 02, 2021 8:34 am
Forum: Personal Investments
Topic: Having such a hard time with investing now
Replies: 70
Views: 5504

Re: Having such a hard time with investing now

OP, The average annual return difference between 100/0 and 60/40 is less than 1% per year. Why keep an AA of 90/10 when 60/40 can get you there with less stress? KlangFool Can you post the source for this please? This is very eye opening and I think would help a lot of folks out (including myself!)...
by Pete12
Tue Feb 02, 2021 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Schedule SE Part 3: Deferring Part of SS Tax
Replies: 2
Views: 277

Re: Schedule SE Part 3: Deferring Part of SS Tax

Schedule SE Part III is a new section this year intended to help with the math in determining the maximum amount that self-employed folks can defer from their 2020 SE taxes (based on the 6.2% ER side of social security). How are eligible folks approaching this? To me, it seems worth doing if there’...
by Pete12
Mon Feb 01, 2021 4:14 pm
Forum: Personal Consumer Issues
Topic: Any Blended Scotch Drinkers Here?
Replies: 59
Views: 5357

Re: Any Blended Scotch Drinkers Here?

More recently I had a small windfall and decided to get a bottle of JW Blue. It was an itch I had to scratch, and I absolutely enjoyed the smoothness of it. But I would not buy it again since I can get at three or four great bottles of single malt for the price of the Blue. I feel the same way abou...
by Pete12
Wed Jan 27, 2021 12:16 pm
Forum: Personal Investments
Topic: Any boring investors left?
Replies: 223
Views: 13509

Re: Any boring investors left?

RJC wrote: Wed Jan 27, 2021 9:36 am Boring investor here but all this chatter about GME and AMC is making me feel a little FOMO...
I am finding quite the opposite... all the talk of hedge fund short sellers vs. people on reddit / Elon Musk is making me even happier to stay the course long term in index funds! 8-)
by Pete12
Wed Jan 27, 2021 8:24 am
Forum: Personal Investments
Topic: Any boring investors left?
Replies: 223
Views: 13509

Re: Any boring investors left?

Besides me, who only holds "regular" index funds in a bland, buy-hold-rebalance strategy anymore? Just curious. Talking about stocks and bonds in funds, not other fixed income (I-bonds, CDs etc.) or real estate. More-or-less the equivalent philosophy of a three fund, plain old long, but a...
by Pete12
Tue Jan 26, 2021 9:25 am
Forum: US Chapters
Topic: Happy 97th Birthday, Taylor Larimore
Replies: 146
Views: 6354

Re: Happy 97th Birthday, Taylor Larimore

Happy Birthday Taylor! I hope you are in fine fettle and looking forward to being out of lockdown.
All my best,
Pete
by Pete12
Tue Jan 26, 2021 8:33 am
Forum: Personal Finance (Not Investing)
Topic: How to terminate an employee
Replies: 31
Views: 3351

Re: How to terminate an employee

I own a small private practice with two employees. This is a young practice, less than 2 years old, and the person I hired as an office manager was green with little experience. My hope was to groom her as the business grew. Long story short its not working out. I was warned by other doctors that H...
by Pete12
Sun Jan 17, 2021 6:42 pm
Forum: Personal Consumer Issues
Topic: Where do you buy coffee beans?
Replies: 179
Views: 15702

Re: Where do you buy coffee beans?

Costco Kirkland Signature Columbian Supremo, under $6/pound. Grind the beans fine in the burr grinder, then brew using the pour over method. Can’t function in the morning until I have had my life-giving brew 8-)
by Pete12
Sun Jan 17, 2021 5:39 pm
Forum: Personal Consumer Issues
Topic: Signature Golf Holes that are worth traveling to? . . . And. . Most Memorable Golf Experiences?
Replies: 78
Views: 4735

Re: Signature Golf Holes that are worth traveling to?

Great question! Would love to play the 7th at Pebble Beach, then afterwards head over to Jim Nantz’s house to play the same hole again followed by cocktails and dinner. Oh well we can dream.... https://www.pebblebeach.com/insidepebblebeach/a-history-of-the-7th-hole-at-pebble-beach-in-photos/ https:...
by Pete12
Sun Jan 17, 2021 12:26 pm
Forum: Personal Consumer Issues
Topic: Signature Golf Holes that are worth traveling to? . . . And. . Most Memorable Golf Experiences?
Replies: 78
Views: 4735

Re: Signature Golf Holes that are worth traveling to?

Great question! Would love to play the 7th at Pebble Beach, then afterwards head over to Jim Nantz’s house to play the same hole again followed by cocktails and dinner. Oh well we can dream.... https://www.pebblebeach.com/insidepebblebeach/a-history-of-the-7th-hole-at-pebble-beach-in-photos/ https:/...
by Pete12
Tue Jan 12, 2021 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree health insurance premiums reimbursable from HSA?
Replies: 10
Views: 1228

Re: Retiree health insurance premiums reimbursable from HSA?

VCC wrote: Tue Jan 12, 2021 5:57 pm If your wife's firm has an HRA or establishes an HRA that could be used to pay health insurance premiums in retirement.
No such luck unfortunately...
by Pete12
Tue Jan 12, 2021 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Warning: Solo K and 5500 EZ
Replies: 119
Views: 8658

Re: Warning: Solo K and 5500 EZ

theplayer11 wrote: Tue Jan 12, 2021 2:52 pm too many Petes :D
I was thinking the same thing. Fortunately Petes 1 & 2 and 4 thru 11 never post! :D
by Pete12
Tue Jan 12, 2021 2:09 pm
Forum: Personal Consumer Issues
Topic: Hood Scratches [on my] New Car
Replies: 41
Views: 2876

Re: Hood Scratches New Car

I last bought a new car in 2015. The first weekend after I picked it up from the dealer I got 2 dings. One from a shopping cart in the supermarket parking lot, and another from me reversing into a gas pump :oops: Buffed out the scratches but to date I have not repaired the dents. They aren’t that no...
by Pete12
Tue Jan 12, 2021 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Warning: Solo K and 5500 EZ
Replies: 119
Views: 8658

Re: Warning: Solo K and 5500 EZ

Interesting that you all are filing it now. I thought I should wait until I receive the paperwork from Fidelity in April. Is there no reason to wait to receive the Fidelity forms? I wait until the Fidelity form is available. I have a non-prototype account at Fidelity so they don’t send me an annual...
by Pete12
Tue Jan 12, 2021 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Warning: Solo K and 5500 EZ
Replies: 119
Views: 8658

Re: Warning: Solo K and 5500 EZ

The instructions for 7a: Lines 7a and 7b. Enter the total cash contributions received and/or receivable by the plan from employers and participants during the plan year. I take that to mean only contributions during the year, not those made after the end of the year and prior to the tax deadline. T...
by Pete12
Tue Jan 12, 2021 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree health insurance premiums reimbursable from HSA?
Replies: 10
Views: 1228

Re: Retiree health insurance premiums reimbursable from HSA?

26 U.S. Code § 223(d)(2)(C)(i) a health plan during any period of continuation coverage required under any Federal law. Continuation coverage is a temporary extension of previous group health coverage (i.e. COBRA). Retiree health insurance is not continuation coverage. It is only a qualified medica...
by Pete12
Tue Jan 12, 2021 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Retiree health insurance premiums reimbursable from HSA?
Replies: 10
Views: 1228

Re: Retiree health insurance premiums reimbursable from HSA?

We are not quite there yet but I am trying to do some forward planning. My wife’s firm offers a retiree health plan to cover early retirees up until age 65 when they can go on Medicare. She currently is on the firm’s HDHP plan and we max her HSA contributions each year up to the family coverage lim...
by Pete12
Mon Jan 11, 2021 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree health insurance premiums reimbursable from HSA?
Replies: 10
Views: 1228

Retiree health insurance premiums reimbursable from HSA?

We are not quite there yet but I am trying to do some forward planning. My wife’s firm offers a retiree health plan to cover early retirees up until age 65 when they can go on Medicare. She currently is on the firm’s HDHP plan and we max her HSA contributions each year up to the family coverage limi...
by Pete12
Mon Jan 11, 2021 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Warning: Solo K and 5500 EZ
Replies: 119
Views: 8658

Re: Warning: Solo K and 5500 EZ

Just filed my 2020 5500EZ electronically on the EFAST2 system. Very smooth and easy and I received filing confirmation almost immediately. Last year I e-filed a 5500 SF in lieu of the 5500EZ. Prior to that I was paper filing the 5500EZ forms by certified mail each year. Highly recommend e-filing ove...
by Pete12
Fri Jan 08, 2021 6:49 pm
Forum: Personal Consumer Issues
Topic: Recommend a free business checking account
Replies: 11
Views: 761

Re: Recommend a free business checking account

I have used Capital One for over 10 years now and have been very happy with them. I use their business basic checking account. Have always been able to avoid the monthly fee by maintaining average balance of $2,000
https://www.capitalone.com/small-busine ... -checking/
by Pete12
Fri Jan 08, 2021 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you need to log in to your retirement accounts?
Replies: 43
Views: 2569

Re: How often do you need to log in to your retirement accounts?

I login once per month to check that contributions were correctly posted, and to get the individual fund balances to update the spreadsheet I use to track my asset allocation.
by Pete12
Wed Jan 06, 2021 7:50 pm
Forum: Personal Consumer Issues
Topic: What's your favorite reasonably priced gin?
Replies: 113
Views: 8543

Re: What's your favorite reasonably priced gin?

DW bought me a gin making kit for Christmas which came with dried juniper berries and other assorted botanicals, bottles, a funnel and a strainer. You mix up a concoction of botanicals, add moonshine or vodka, then let it sit for a couple of days before straining. Plan on having some fun this weeken...
by Pete12
Fri Jan 01, 2021 1:08 pm
Forum: Investing - Theory, News & General
Topic: Official Registration For The 2021 Boglehead Contest
Replies: 638
Views: 15549

Re: Official Registration For The 2021 Boglehead Contest

3755.99

Best of health and happiness to all for 2021!
Pete
by Pete12
Tue Dec 29, 2020 5:19 pm
Forum: Personal Investments
Topic: Solo K without EIN number
Replies: 11
Views: 557

Re: Solo K without EIN number

Schwab will let you use the corporation's EIN, you don't need separate one for the i401k. I'm not sure that anywhere will let you open an i401k without any EIN at all, if I understand you correctly. Good point. OP do you mean you don’t have an EIN at all for your business? If not then not sure what...
by Pete12
Tue Dec 29, 2020 5:11 pm
Forum: Personal Investments
Topic: Solo K without EIN number
Replies: 11
Views: 557

Re: Solo K without EIN number

All, Long time reader, infrequent poster. I screwed up. I have a new business this year and would like to open an i401K or a SoloK. I didn't get an EIN on time and the IRS website is down for maintenance until 1/4. The account setup deadline is of course, 12/31. When on the phone with the Vanguard ...
by Pete12
Mon Dec 28, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is underpaying estimated taxes a good short term way to borrow money?
Replies: 1
Views: 476

Re: Is underpaying estimated taxes a good short term way to borrow money?

The 2020 IRS "penalty" for underpayment of estimated taxes is 3.398%. For many, that is cheaper than HELOC rates, margin lending rates and other short term lending rates. I'm guessing that rate may be even less for 2021. If a person finds themselves needing a bit more liquidity to execute...
by Pete12
Wed Dec 23, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Running out of cash
Replies: 132
Views: 11481

Re: Running out of cash

The comments about gaming the system are interesting to me as I don’t see these comments on posts about doing backdoor Roths, churning credit cards, etc. I am following the letter of the law to minimize my taxes and health insurance bought on the exchange has been interwoven with taxes. If everyone...
by Pete12
Thu Dec 17, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14368

Re: So, who's maxing out their IRA on Jan 1st?

I don't understand the obsession with funding an IRA as soon as possible. In my particular case if I have the funds available, and the choice is between putting into the IRA rather than the taxable account then I will go with the IRA. This way I get the maximum time for tax-free growth. This argume...
by Pete12
Wed Dec 16, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14368

Re: So, who's maxing out their IRA on Jan 1st?

That’s our plan! Trad IRA contribution (non deductible) on Jan 4, then conversion to Roth around the 7th or so when the funds clear at Vanguard. Could you please enlighten me? Are you saying that you contribute pretax funds into a traditional IRA within your Vanguard account and then a few days lat...
by Pete12
Wed Dec 16, 2020 1:21 pm
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14368

Re: So, who's maxing out their IRA on Jan 1st?

That’s our plan! Trad IRA contribution (non deductible) on Jan 4, then conversion to Roth around the 7th or so when the funds clear at Vanguard.
by Pete12
Wed Dec 16, 2020 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Family Finance Discussion: What's the Right Timing?
Replies: 81
Views: 5048

Re: Family Finance Discussion: What's the Right Timing?

I think what you are proposing is good and of course you will have to tailor it to your particular kids. In my own case, my parents idea of this talk was to tell me that everything my brother and I need to know is in the file cabinet in their house. That's it. The file cabinet has 4 drawers bursting...
by Pete12
Tue Dec 15, 2020 4:56 pm
Forum: Personal Consumer Issues
Topic: Luxury clothes
Replies: 146
Views: 11513

Re: Luxury clothes

Gnirk wrote: Sun Dec 13, 2020 12:22 am We love our clothes from Costco!
Same here! Haven’t bought clothes anywhere else in a long time...
by Pete12
Tue Dec 15, 2020 4:23 pm
Forum: Investing - Theory, News & General
Topic: Taylor Sends His Best to Fellow Bogleheads
Replies: 334
Views: 26743

Re: Love and Best Wishes

My Dear Bogleheads: My bleeding lung and small cancer appear to have been totally cured. Your caring replies leave me humbled with gratitude. Today I received the bill for my 3-day visit in Miami Baptist Hospital: $68,266.00 . Fortunately, Medicare and my Federal Blue Cross health insurance policy ...
by Pete12
Tue Dec 15, 2020 10:51 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

I'm surprised that Vanguard considers an 8 character password to be secure. If you believe howsecureismypassword.net, an 8 character password consisting of uppercase, lowercase, numeric and special characters can be brute forced in about 8 hours. That's not long if someone is targeting you. Can I a...
by Pete12
Tue Dec 15, 2020 8:25 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

I'm surprised that Vanguard considers an 8 character password to be secure. If you believe howsecureismypassword.net, an 8 character password consisting of uppercase, lowercase, numeric and special characters can be brute forced in about 8 hours. That's not long if someone is targeting you. Can I a...
by Pete12
Sun Dec 13, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

We discussed this in another thread, but all most people need to do security wise is to: Use a reputable password manager , put all of your passwords into it, and change all your passwords to be unique to each website. Each password should be comprised of random characters that's as long as possibl...
by Pete12
Fri Dec 11, 2020 10:29 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

stan1 wrote: Fri Dec 11, 2020 10:19 am I'm just waiting for someone to find a Jack Bogle quote where he said "I don't use a password manager, but if you must put 20% of your passwords in it".
I feel like Mr. Bogle would have said "when you are presented with multiple solutions to a problem- pick the simplest one!"
by Pete12
Fri Dec 11, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

I do not use any kind of password manager. I write all my passwords down in a small $1.99 notebook I purchased from CVS. I use pencil so I can update the passwords easily when I change them. This may be heresy to some on this thread but I feel the odds of being hacked are higher than someone breaki...
by Pete12
Fri Dec 11, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

Though, password wallets are for convenience and people whom use multiple computers, tablets, phones, work computers, etc. This is a very good point and it would probably be more of an inconvenience on multiple devices. In my case I have a designated PC that I use for finances and only use that dev...
by Pete12
Fri Dec 11, 2020 8:52 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17624

Re: Are password managers safe to use?

I do not use any kind of password manager. I write all my passwords down in a small $1.99 notebook I purchased from CVS. I use pencil so I can update the passwords easily when I change them. This may be heresy to some on this thread but I feel the odds of being hacked are higher than someone breakin...