Search found 1034 matches

by GrowthSeeker
Mon Apr 19, 2021 7:25 am
Forum: Personal Investments
Topic: Muni bond logic?
Replies: 8
Views: 750

Re: Muni bond logic?

Pilotmath, It's true that the multiplying factor to get the Tax Equivalent Yield of a muni bond in the absence of state tax is (1/(1-t)) where t is the tax rate. But it looks like what you might have done is you may have both multiplied the Muni rate by the factor and then also divided the Taxable E...
by GrowthSeeker
Mon Apr 19, 2021 7:16 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7277

Re: Help me get a basic education in cryptocurrency

I appreciate this discussion, since I have wondered the same thing as the OP (and probably many others). One response was to ask if there was a specific question about cryptocurrency. So I thought: what is the greatest reason I haven't bought any Bitcoin? Q: How do I resolve my crypto-reluctance rel...
by GrowthSeeker
Sat Apr 17, 2021 6:11 pm
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 41
Views: 3285

Re: Ideal Bond allocation by age

The ideal AA is a function of several variables: - age - financial ability to tolerate risk - stomach's ability to tolerate acid due to risk - portfolio value relative to annual expenses - years remaining of human capital ; ability to produce income. What I did was look at several rules of thumb and...
by GrowthSeeker
Sat Apr 17, 2021 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Received bogus 1099G for Unemployment Compensation never received. [SOLVED]
Replies: 9
Views: 997

Re: Received bogus 1099G for Unemployment Compensation never received. [SOLVED]

UPDATE:
I ended up filing taxes ignoring the bogus 1099-G. I had followed the instructions and reported the mistake at the State website. Today (4/17/2021) I received a corrected 1099-G showing $0.

I have updated the OP and the title to reflect this change.
by GrowthSeeker
Thu Apr 15, 2021 4:29 pm
Forum: Investing - Theory, News & General
Topic: The 4% Rule - Simplified?
Replies: 19
Views: 1548

Re: The 4% Rule - Simplified?

My understanding of the 4% 'rule' is as a rule of thumb. If you picked exactly 4% of your pf at retirement, withdrew that amount in year 1, then inflation adjusted that amount to be withdrawn in future years, then you would kinda sorta have a low percentage chance of running out of money 30 years la...
by GrowthSeeker
Tue Apr 13, 2021 12:14 pm
Forum: Personal Consumer Issues
Topic: Mouse Help
Replies: 14
Views: 1023

Re: Mouse Help

There’s a guy named Shawn Woods who has a YouTube channel all about different ways of catching rodents. IIRC steel wool was superior to caulk; and expanding foam failed (maybe technique related)
by GrowthSeeker
Tue Apr 06, 2021 1:17 pm
Forum: Personal Investments
Topic: Pay IRS Estimated Payments?
Replies: 10
Views: 1186

Re: Pay IRS Estimated Payments?

Could the OP's problem be resolved by re-filing 2020 taxes along with "Form 2210 - Schedule AI - Annualized Income Installment Method"?
by GrowthSeeker
Tue Apr 06, 2021 1:03 pm
Forum: Personal Investments
Topic: Pay IRS Estimated Payments?
Replies: 10
Views: 1186

Re: Pay IRS Estimated Payments?

I also never know what my Roth conversion amount will be, so I have been using the 110% safe harbor (large Roth conversion puts me above the threshold). I have heard that with quarterly estimated payments IRS only looks at the smallest one times 4. Isn’t there some form for reporting income each mon...
by GrowthSeeker
Sat Apr 03, 2021 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: 20.00 Small Potato Ethical Dilemma
Replies: 18
Views: 1986

Re: 20.00 Small Potato Ethical Dilemma

Although it is not necessarily relevant to the OP's question, I wonder how much the HOA's expenses will decrease because of the pool not being open, and how that relates to the decreased income they will receive due to the lower HOA fees. But as an answer: is there anything specific in this tenant's...
by GrowthSeeker
Fri Mar 26, 2021 9:06 pm
Forum: Personal Investments
Topic: Total market funds returns less than 2% income since 2015
Replies: 19
Views: 2321

Re: Total market funds returns less than 2% income since 2015

On portfoliovisualizer I get a total return for VTSAX (total stock market) since 2015 of about 12.9% annualized.

The total return takes into account both the dividend and the share price appreciation.
by GrowthSeeker
Wed Mar 24, 2021 11:43 am
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5815

Re: TV size question

I thought of this method the other day: Sit in the room where the TV will be, or more accurately sit a distance from a wall equal to the distance between where you will be sitting and the future TV position. Now pull out your cell phone, put on a video, turn it sideways to resemble the shape of a wi...
by GrowthSeeker
Wed Mar 24, 2021 9:28 am
Forum: Personal Investments
Topic: mega mega roth conversion
Replies: 23
Views: 2066

Re: mega mega roth conversion

OP, I have the same mega Roth conversion mindset, but I temper my ideas with math. Whatever you do right now, note that any Roth conversion done now will be for 2021 and we don't yet know what the tax rates will be for 2021. I think it was in 1993 that, IIRC, taxes were raised near the end of the ye...
by GrowthSeeker
Wed Mar 24, 2021 9:10 am
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5372

Re: Desperately asking for help - Thank you!

The unpleasant truth is that in the universe of investments, most of the mantras that everyone says and ideas that everyone believes are wrong. So my number one recommendation is: start reading and learning but be prepared to find out that many of the ideas you understand about investing are ideas y...
by GrowthSeeker
Tue Mar 23, 2021 5:02 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Dimensions - How closely do these need to be adhered to?
Replies: 11
Views: 1321

Re: Refrigerator Dimensions - How closely do these need to be adhered to?

One other thing to consider is (and this will depend on how far towards the back wall you push the refrigerator in) whether the walls on the left and right will impinge on the opening of doors. Sometimes pulling drawers outward inside the fridge require that the outer fridge door be opened to some a...
by GrowthSeeker
Tue Mar 23, 2021 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Received bogus 1099G for Unemployment Compensation never received. [SOLVED]
Replies: 9
Views: 997

Re: Received bogus 1099G for Unemployment Compensation never received.

Thanks for the rapid replies. Just to be clear, AFAIK I did (within a half hour of receiving this) go to the website, https://unemploymenthelp.ohio.gov/ and did file a claim there. I received an email response indicating the claim was received. Also, for about 5 years I have had an annually updated ...
by GrowthSeeker
Tue Mar 23, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Received bogus 1099G for Unemployment Compensation never received. [SOLVED]
Replies: 9
Views: 997

Received bogus 1099G for Unemployment Compensation never received. [SOLVED]

I received a 1099G from the Ohio Department of Job & Family Services for $2,487 of Unemployment Compensation for 2020. I am a resident of Ohio, but I'm retired and have never received Unemployment Compensation at any time during my lifetime. Helpful information came with this form regarding what...
by GrowthSeeker
Tue Mar 23, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Gift Tax - Q1: Form 709 every year?, Q2-4: TT doesn't do Form 709 [SOLVED]
Replies: 2
Views: 213

Gift Tax - Q1: Form 709 every year?, Q2-4: TT doesn't do Form 709 [SOLVED]

If I give a gift in Year 1 for more than the (single) $15k limit and submit to IRS Form 709 ... 1. Will I have to submit Form 709 every year thereafter even if I make no gifts in future years? { edit: no } 2. Since TurboTax does not support Form 709, can I still submit my Federal taxes electronicall...
by GrowthSeeker
Tue Mar 16, 2021 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Excel Experts? Rearrange data
Replies: 15
Views: 1394

Re: Excel Experts? Rearrange data

The more messy the source data is, the more difficult it is to clean up using a spreadsheet. Might be easier with a computer program. If we saw a sample of actual data it would be easier to advise. It’s OK AFAIK that it’s sports rather than stocks. It’s a preprocessing the input data science problem.
by GrowthSeeker
Tue Mar 16, 2021 2:11 pm
Forum: Personal Investments
Topic: This is a dumb idea....right?
Replies: 21
Views: 3084

Re: This is a dumb idea....right?

The large percentage that is in taxable might limit the amount of tax-deferred that can be converted to 1 fund (unless AA equal in both). Not sure of your age but another thought is Roth Conversions. Realizing gains and Roth conversions would be competing for the same resource, ie keeping your tax b...
by GrowthSeeker
Mon Mar 15, 2021 8:26 am
Forum: Personal Consumer Issues
Topic: Smoke Detector Help - 5 chirps
Replies: 28
Views: 2158

Re: Smoke Detector Help - 5 chirps

Most if not all of the ceiling units that are wired in have a feature that if one unit goes into alarm mode, all of them go into alarm mode. I doubt this would apply to a 5 beep end of life message, but maybe.
by GrowthSeeker
Sun Mar 14, 2021 8:20 pm
Forum: Forum Issues and Administration
Topic: What is this "bonus" gray bar?
Replies: 21
Views: 1646

Re: What is this "bonus" gray bar?

Try zooming in and out.
by GrowthSeeker
Sun Mar 14, 2021 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: How do you tell if you should be making charitable contributions to reduce taxes?
Replies: 33
Views: 3335

Re: How do you tell if you should be making charitable contributions to reduce taxes?

I have never seen how charitable giving can increase the net worth of the donor - I don’t think it can. If one were already planning to donate anyway, that’s where some way is more optimal than some other way.
by GrowthSeeker
Sun Mar 14, 2021 8:10 pm
Forum: Personal Investments
Topic: 15x expenses, then SS
Replies: 95
Views: 7847

Re: 15x expenses, then SS

If I understand correctly, your age 70 income will be $65k, all SS which is indexed for inflation. Your expenses will be $100k minus mortgage minus amount by which you cut spending. Can you fill in the blanks of mortgage and realistic decrease in spending? I’m not gonna call it “burn out” because yo...
by GrowthSeeker
Thu Mar 11, 2021 1:48 pm
Forum: Personal Consumer Issues
Topic: Motor vehicle accident; civil lawsuit
Replies: 87
Views: 10071

Re: Motor vehicle accident; civil lawsuit

Nephew should communicate only with the legal entity representing him.
Under no circumstances should Nephew communicate with plaintiff or plaintiff’s attorney
by GrowthSeeker
Thu Mar 11, 2021 1:43 pm
Forum: Personal Investments
Topic: excess cash - cash-value life insurance?
Replies: 14
Views: 750

Re: excess cash - cash-value life insurance?

Life insurance should be term.
Permanent life insurance (with cash valve) is never a good idea except for the salesman who earns a tidy sum from the commission.
by GrowthSeeker
Thu Mar 11, 2021 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Re: Problem with TurboTax Purchase on Amazon

Or maybe a try a different browser.
If you’re using a VPN, maybe that’s the reason.
by GrowthSeeker
Thu Mar 11, 2021 1:07 pm
Forum: Personal Consumer Issues
Topic: Found termites! Now what?
Replies: 46
Views: 3968

Re: Found termites! Now what?

I think Termidor can only be used by professionals, not DIY, not certain.
Many termite poisons work by repelling termites. They run away. Termidor does not repel them: it kills them, they take it back to the nest and it kills the nest
by GrowthSeeker
Wed Mar 10, 2021 8:26 pm
Forum: Personal Investments
Topic: S&P 500 Index Funds v/s Total Stock Market Index
Replies: 24
Views: 4315

Re: S&P 500 Index Funds v/s Total Stock Market Index

I would say TSM since it is more diversified, but not by much. If one already has a lot of S&P500, just stick with that and optionally add some “completion fund” such as VEXAX/VXF
by GrowthSeeker
Wed Mar 10, 2021 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Excel Experts? Rearrange data
Replies: 15
Views: 1394

Re: Excel Experts? Rearrange data

Not sure how many stocks you’re following, or your data source; but thinking outside the box, what about just collecting data from scratch such as from finance.yahoo.com
by GrowthSeeker
Wed Mar 10, 2021 1:57 pm
Forum: Personal Consumer Issues
Topic: Found termites! Now what?
Replies: 46
Views: 3968

Re: Found termites! Now what?

Get a pest company The chemicals they use last 8-10 years and they usually offer an annual warranty where they will come out, do an inspection and retreat for free and they also state their insurance will cover any damage found if termites come back under warranty. I've never made a claim so I can'...
by GrowthSeeker
Wed Mar 10, 2021 1:50 pm
Forum: Personal Investments
Topic: Dollar Cost Averaging Period
Replies: 21
Views: 1246

Re: Dollar Cost Averaging Period

A hybrid that might be worth testing: do a 12 month DCA in equal installments, but if there is ever a market drop of 10% during that time go all in with the rest.
by GrowthSeeker
Tue Mar 09, 2021 4:35 pm
Forum: Investing - Theory, News & General
Topic: Proper Asset Allocation for High Net Worth
Replies: 74
Views: 6515

Re: Proper Asset Allocation for High Net Worth

If someone is at Nx where N is the number of years of uncovered expenses you have, and then also if you decide to have 10 years in bonds and the rest in stocks, then your AA will be a percentage of stocks equal to (N - 10)/N. Bonds will be 10/N. (multiply each by 100 to get the calculated AA given t...
by GrowthSeeker
Tue Mar 09, 2021 2:27 pm
Forum: Personal Investments
Topic: Strange Anomaly
Replies: 17
Views: 1340

Re: Strange Anomaly

Is the anomaly because you are observing (or the media is presenting to you) DJIA information, but your stock investment is closer to Total Stock Market?
by GrowthSeeker
Tue Mar 09, 2021 12:42 pm
Forum: Personal Investments
Topic: Tools for optimizing Roth conversions?
Replies: 63
Views: 5516

Re: Tools for optimizing Roth conversions?

At first I used iORP and then RPM getting similar results. I made my own mega spread sheet; again, somewhat similar results. I made a Python program including a function to calculate Fed tax, one for state tax, one for IRMAA, one for NIIT, etc. Again similar results. I also included the concept that...
by GrowthSeeker
Sat Mar 06, 2021 8:07 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 592
Views: 203709

Re: Forum software upgrade bug reports and change requests

Ah. I can reproduce it in Chrome as well. Thanks. Anyway, the workaround is quick and easy: just zoom a little
by GrowthSeeker
Fri Mar 05, 2021 7:56 pm
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 134
Views: 10571

Re: How to make strong coffee equivalent to Starbucks for cheaper?

I grind my beans and use a French Press. I use 23 grams of water per gram of ground coffee. There's a coffee guy on YouTube (James Hoffman) who uses something like 50% more coffee than that - he quotes it as grams of coffee per Liter of water, but I forget his exact number.
by GrowthSeeker
Fri Mar 05, 2021 7:42 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 592
Views: 203709

Re: Forum software upgrade bug reports and change requests

Bug report: on screen rendering issue Viewing New Posts (and Your Posts, Unread Posts, Active Topics) in Brave browser at some levels of zoom-in results in incorrect appearance of some of the topics in the list. There is a title line and an author-date-time-which_forum line. When the error is presen...
by GrowthSeeker
Fri Mar 05, 2021 7:19 pm
Forum: Personal Consumer Issues
Topic: Calling All Floor Experts
Replies: 24
Views: 2289

Re: Calling All Floor Experts

Maybe grinding down high spots and filling in low spots is best? I had to convert a large basement room's flooring from carpet over slap to 18" porcelain tile. (I didn't do any work, just paid for it and watched). It was pretty level except for a high spot where two slabs met each other. I thou...
by GrowthSeeker
Tue Mar 02, 2021 5:37 pm
Forum: Personal Investments
Topic: Old Guy Needs Suggestions
Replies: 12
Views: 1803

Re: Old Guy Needs Suggestions

Welcome. Ditto re editing your first post. One of the key bits of information is a ratio: what is your investible net worth divided by your uncovered annual expenses. When that ratio gets near 25x some say one has "won the game", and one could expect a very low chance of running out of mon...
by GrowthSeeker
Tue Mar 02, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: Rising Equity Glidepath/Value Averaging/VPW
Replies: 13
Views: 977

Re: Rising Equity Glidepath/Value Averaging/VPW

I had to look up value averaging. If I it understand correctly, it seems like this approach would be equivalent to accurately pre-determining your stock:bond AA for each point in time over the next, say, six years (perhaps every month), and then buying stock with whatever amount of cash was needed t...
by GrowthSeeker
Thu Feb 25, 2021 5:18 am
Forum: Personal Consumer Issues
Topic: Water leakage - fix it or not?
Replies: 54
Views: 3360

Re: Water leakage - fix it or not?

I don't know much about the anatomy of sprinkler systems or how they work, but where each sprinkler head it, where the water is supposed to come out, is there a way to check the pressure? If so, the pattern of pressure as a function of x and y might narrow down the search. For that matter, when the ...
by GrowthSeeker
Wed Feb 24, 2021 8:57 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 195
Views: 13162

Re: A primer on backup battery systems for power outages

Sorry if this is off topic, but I have an anecdote that illustrates that the startup requirements for a motor can be greater than the motor's specs suggest . I apologize if this topic is already covered in this thread. To willthrill81: is this an important consideration when designing an electrical ...
by GrowthSeeker
Wed Feb 24, 2021 8:40 pm
Forum: Personal Consumer Issues
Topic: Mounting on Plaster Wall versus Sheet Rock
Replies: 13
Views: 1128

Re: Mounting on Plaster Wall versus Sheet Rock

... We have a 120yr old house with horsehair plaster/lathe and it can be a pain. I haven't found a stud finder that can find studs through the lathe. Do you know of one that works? I normally tap/knock around to try and find the studs but its tricky. Well, I bought Zircon i65 Stud Sensor Center-Fin...
by GrowthSeeker
Tue Feb 23, 2021 6:24 pm
Forum: Personal Consumer Issues
Topic: Water leakage - fix it or not?
Replies: 54
Views: 3360

Re: Water leakage - fix it or not?

unclear what you mean by 'outdoor water valve'. For city water this would be (??) in a manhole in the street. The curb stop valve is somewhere between the house and street. The cover is maybe 3 inches diameter. An empty pipe (some are plastic) goes from there down to the level of the water pipe, ju...
by GrowthSeeker
Tue Feb 23, 2021 5:23 pm
Forum: Personal Consumer Issues
Topic: Water leakage - fix it or not?
Replies: 54
Views: 3360

Re: Water leakage - fix it or not?

You might learn something by reading your water meter daily for a while, keep a written record of the numbers. Do this for a week with outdoor water shut off then with it on. Chart the actual water used over the past few years of bills, the cubic feet not the dollars. Maybe with no water flowing at ...
by GrowthSeeker
Tue Feb 23, 2021 9:28 am
Forum: Personal Consumer Issues
Topic: Calling all Plumbers (or anyone who has bought a toilet).
Replies: 76
Views: 6350

Re: Calling all Plumbers (or anyone who has bought a toilet).

The entire industry seems to push everyone into getting the higher toilets. When we did 2 bathroom remodels, we ordered the toilets from a local hardware store and got what we wanted, ie the standard or lower height. We also didn't want the extended or more oval shape, we wanted the smaller "ro...
by GrowthSeeker
Tue Feb 23, 2021 8:02 am
Forum: Personal Consumer Issues
Topic: Mounting on Plaster Wall versus Sheet Rock
Replies: 13
Views: 1128

Re: Mounting on Plaster Wall versus Sheet Rock

Using anchors in lath and plaster is very different from anchors in drywall. Drywall is a much softer plaster containing more gypsum or calcium sulfate with a layer of paper on each side. The plaster in lath and plaster is more like limestone. The large threaded plastic anchors that work so well in ...
by GrowthSeeker
Mon Feb 22, 2021 7:24 pm
Forum: Personal Consumer Issues
Topic: Mark’s Financial Computer Security Methods
Replies: 24
Views: 3440

Re: Mark’s Financial Computer Security Methods

Wow!
What are your thoughts on the Brave browser; both with or without TOR?
by GrowthSeeker
Sun Feb 21, 2021 6:32 am
Forum: Non-US Investing
Topic: 45 year old newbie. BOT portfolio.
Replies: 15
Views: 1589

Re: 45 year old newbie. BOT portfolio

Alphaone75 wrote: Sun Feb 21, 2021 5:54 am I did find a couple more but they were over 200 eurs per unit.
Why does cost per unit matter?
by GrowthSeeker
Thu Feb 18, 2021 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Disturbing experience with Ally Bank
Replies: 221
Views: 25869

Re: Disturbing experience with Ally Bank

My system for transfers between institutions has been:
PULL in-kind transfers of entire accounts
PUSH cash transfers of just part of an account
Is there a consensus on this?