Search found 979 matches

by iamblessed
Sun Apr 11, 2021 6:09 pm
Forum: Investing - Theory, News & General
Topic: VPW too aggressive?
Replies: 23
Views: 2077

Re: VPW too aggressive?

American funds used a 5% VPW as an example for many years. I doubt it is to aggressive.
by iamblessed
Sun Apr 11, 2021 1:18 pm
Forum: Investing - Theory, News & General
Topic: VPW too aggressive?
Replies: 23
Views: 2077

Re: VPW too aggressive?

Note that 4% is constant in inflation adjusted value. There are costs to achieving this (sequence of returns, etc.) and inflation is built into the 4% number, which is why the VPW percentages are much higher. One could take 6% of remaining portfolio every year with a very high likelihood of good re...
by iamblessed
Sat Apr 10, 2021 9:22 am
Forum: Personal Consumer Issues
Topic: Any MagicJack phone alternatives that are cheaper and better?
Replies: 16
Views: 1748

Re: Any MagicJack phone alternatives that are cheaper and better?

teelainen wrote: Sat Apr 10, 2021 1:09 am Are there any MagicJack phone alternatives that are cheaper and better?

My MagicJack account is up for renewal, and I don't feel like paying the $39 per year.

Any recommendations would be great, thanks.
Do they still have the deal where you can buy five years at a discount?
by iamblessed
Sat Apr 10, 2021 9:18 am
Forum: Personal Investments
Topic: Is Tax slayer tax software correctly dealing with ACA tax credits yet?
Replies: 4
Views: 199

Re: Is Tax slayer tax software correctly dealing with ACA tax credits yet?

jebmke wrote: Sat Apr 10, 2021 9:15 am According to a notice I received yesterday, TaxSlayer Pro is doing this correctly. I don't know if the retail version has been updated yet.
Is the TaxSlayer Pro what some paid tax preparers use?
by iamblessed
Sat Apr 10, 2021 9:16 am
Forum: Personal Consumer Issues
Topic: Electric water heater for a confined space
Replies: 20
Views: 1238

Re: Electric water heater for a confined space

Some people run a small house on that home depot water heater. 1 or 2 person household. It has two elements in it. Home Depot shows the height as 31.5 inches with the connections on the top, which puts it right on the bleeding edge of what's possible. The connecting tubing has to bend at a sharp an...
by iamblessed
Fri Apr 09, 2021 8:14 pm
Forum: Personal Consumer Issues
Topic: Electric water heater for a confined space
Replies: 20
Views: 1238

Re: Electric water heater for a confined space

Some people run a small house on that home depot water heater. 1 or 2 person household. It has two elements in it.
by iamblessed
Fri Apr 09, 2021 10:02 am
Forum: Personal Consumer Issues
Topic: Electric water heater for a confined space
Replies: 20
Views: 1238

Re: Electric water heater for a confined space

I would put in this one from home depot.
Performance 20 Gal. Short 6 Year 3800/3800-Watt Elements Electric Tank Water Heater
I am guessing $150 a year cheaper to run than the one you have.
by iamblessed
Tue Apr 06, 2021 3:51 pm
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10432

Re: How much do you spend annually in retirement?

arf1410 wrote: Tue Apr 06, 2021 3:45 pm
iamblessed wrote: Tue Apr 06, 2021 3:42 pm
We live on 22k so 50k is high on the hog here in the Midwest.
help me understand that one... I've been told to budget about $20k per year for health care ...

Free to very low cost on the ACA at a low income. The highest I ever paid was around $150 a month. Last year $63 a month.
by iamblessed
Tue Apr 06, 2021 3:42 pm
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10432

Re: How much do you spend annually in retirement?

I know that there are alot of variables such as cost of living but I am curious what people spend annually in retirement. My gut tells me that $50,000 annually would be living "high on the hog" assuming all debts are paid off. If anyone is willing to share I think it would be interesting....
by iamblessed
Tue Apr 06, 2021 8:08 am
Forum: Personal Consumer Issues
Topic: Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this
Replies: 8
Views: 1025

Re: Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this

It happened three times. One of them disappeared after several days. Now only show one time like it should. I still have one on there from 3/31. The newest one is also on there from 4/5.
by iamblessed
Mon Apr 05, 2021 10:51 pm
Forum: Personal Consumer Issues
Topic: Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this
Replies: 8
Views: 1025

Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this

problem. Three different times it show me taking out the same amount twice on the same day but I only took out money once. Anybody else have this problem?
by iamblessed
Mon Apr 05, 2021 11:33 am
Forum: Personal Consumer Issues
Topic: Costco/Kirkland Premium Paper Towels (Roll Size?)
Replies: 12
Views: 1386

Re: Costco/Kirkland Premium Paper Towels (Roll Size?)

I was going to look up the price but the costco web site is not as good as the sam's club web site. That's one area sam's is good at. Costco web site and Costco stores often have different prices. The web site sometimes has higher prices that include delivery. Yeah. Sam's gives you the store price ...
by iamblessed
Mon Apr 05, 2021 11:22 am
Forum: Personal Consumer Issues
Topic: Costco/Kirkland Premium Paper Towels (Roll Size?)
Replies: 12
Views: 1386

Re: Costco/Kirkland Premium Paper Towels (Roll Size?)

I was going to look up the price but the costco web site is not as good as the sam's club web site. That's one area sam's is good at.
by iamblessed
Sun Apr 04, 2021 6:34 pm
Forum: Personal Investments
Topic: Best all-in-one, set it and forget portfolio?
Replies: 36
Views: 3141

Re: Best all-in-one, set it and forget portfolio?

Keep enough in cash that you can sleep well not caring about what the stock market does this year or next (short-term bonds/CD's and the like ..I currently like Series I Savings Bonds and 'rewards' high-yield bank account). Put the rest in a low-cost broad stock market index fund. I'm not in a with...
by iamblessed
Fri Apr 02, 2021 6:47 pm
Forum: Personal Consumer Issues
Topic: Tankless Water Heater - Struggling to Justify
Replies: 71
Views: 5901

Re: Tankless Water Heater - Struggling to Justify

I would not go tankless. I don't think I would ever get my money back. We bought the cheapest water heater 32 years ago. I just took a shower with it today. In the summer it and the gas stove use about $5.50 a month in gas.
by iamblessed
Fri Apr 02, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 418
Views: 50796

Re: $11,000 to $350,000 in real estate

Bogleheads: In the late 80's we put $11,000 down on an unbuilt condominium in Miami (Yacht Harbor) priced at $110,000. About 10 years later we sold our unit for $350,000 . The identical unit next door sold for $250,000 three years later. Lesson learned: Real Estate can be profitable -- and it can b...
by iamblessed
Fri Apr 02, 2021 11:34 am
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 175
Views: 35769

Re: Retire with Less Than $1 million?

I think it is easy from WV to KS.
by iamblessed
Thu Apr 01, 2021 7:10 am
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 175
Views: 35769

Re: Retire with Less Than $1 million?

Some folks on this forum have a 5k a month pension. If I had that I could retire with $0 in the bank. It just depends.
by iamblessed
Wed Mar 24, 2021 2:03 pm
Forum: Personal Investments
Topic: What is the stock ticker symbol for bluebird? I can't seem to find it.
Replies: 14
Views: 730

Re: What is the stock ticker symbol for bluebird? I can't seem to find it.

There is no stock ticker for Bluebird proper; Bluebird is a card issued by Walmart (WMT) and branded by American Express (AXP). Would you call Walmart the parent company? If you're asking who shares in the profits whenever a person uses his or her Bluebird card, I imagine it's both Walmart and Amer...
by iamblessed
Wed Mar 24, 2021 1:40 pm
Forum: Personal Investments
Topic: What is the stock ticker symbol for bluebird? I can't seem to find it.
Replies: 14
Views: 730

Re: What is the stock ticker symbol for bluebird? I can't seem to find it.

mikejuss wrote: Wed Mar 24, 2021 1:39 pm There is no stock ticker for Bluebird proper; Bluebird is a card issued by Walmart (WMT) and branded by American Express (AXP).
Would you call Walmart the parent company?
by iamblessed
Wed Mar 24, 2021 1:32 pm
Forum: Personal Investments
Topic: What is the stock ticker symbol for bluebird? I can't seem to find it.
Replies: 14
Views: 730

Re: What is the stock ticker symbol for bluebird? I can't seem to find it.

It seem like American Express, Visa and Walmart are all involved. Which is the parent company? As far as I know none of these companies are a parent of any of the others. So I am inclined to think you are on a fools errand. Why were you interested? I think one of them is the parent of bluebird not ...
by iamblessed
Wed Mar 24, 2021 1:25 pm
Forum: Personal Investments
Topic: What is the stock ticker symbol for bluebird? I can't seem to find it.
Replies: 14
Views: 730

Re: What is the stock ticker symbol for bluebird? I can't seem to find it.

It seem like American Express, Visa and Walmart are all involved. Which is the parent company?
by iamblessed
Wed Mar 24, 2021 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Bank Account - Checking
Replies: 38
Views: 3527

Re: Bank Account - Checking

Most local credit union have free checking with $0 fees. Most do not ask you to use debit cards X times per month. If online is ok I would go with https://www.alliantcreditunion.org/ .55% on saving easy move money to checking as needed Here is $100 for opening it https://ww2.alliantcreditunion.org/u...
by iamblessed
Wed Mar 24, 2021 8:36 am
Forum: Personal Investments
Topic: Interesting retirement strategy
Replies: 45
Views: 5527

Re: Interesting retirement strategy

It makes some sense. I took 10% off the table for many years. He is taking 100% of the table for 2 years.
by iamblessed
Mon Mar 22, 2021 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Can you give financial advice to friends and receive money?
Replies: 54
Views: 4585

Re: Can you give financial advice to friends and receive money?

If it were me I would match them up to a LifeStrategy fund for their age at no cost. Most people can use a 80/20 60/40 or 40/60 fund. That is 95% of what we do here.
by iamblessed
Fri Mar 19, 2021 1:45 pm
Forum: Personal Investments
Topic: Sold LifeStrategy Conservative Growth and total international bought Total market. In Roth want to sell Total World
Replies: 9
Views: 467

Re: Sold LifeStrategy Conservative Growth and total international bought Total market. In Roth want to sell Total Worl

I do not. Perhaps you can explain why you are concerned about this at all? I suspect misinformation at Bogleheads.org has confused you, so just stop reading any threads that have "wash sale" in their titles. :) :) Furthermore, even if you sold those shares at a loss there would be no wash...
by iamblessed
Thu Mar 18, 2021 10:19 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1558
Views: 93208

Re: What are you listening to now

http://www.singingnews.com/radio/

Press listen live at the top of the page.

Love this music so much.
by iamblessed
Wed Mar 17, 2021 8:54 am
Forum: Personal Investments
Topic: How much do you weigh your homes value in your retirement portfolio?
Replies: 106
Views: 8335

Re: How much do you weigh your homes value in your retirement portfolio?

I don't. I could downsize but I am in the Midwest and would not save that much money out of the deal. I do know that my cost are low because of it so it is important. But I do not weigh it in my retirement portfolio.
by iamblessed
Sun Mar 14, 2021 10:02 am
Forum: Personal Investments
Topic: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289
Replies: 7
Views: 1190

Re: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289

https://engaging-data.com/tax-brackets/?fs=0&reg=0&cg=55000 [. . .] So it is not a big deal if I am a little over the 0% bracket capital gains. Nothing severe happens to me. Correct, not a big deal. Looks like I can take my income up to 53k. That way I use every inch of the 0% bracket and a...
by iamblessed
Sun Mar 14, 2021 7:59 am
Forum: Personal Investments
Topic: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289
Replies: 7
Views: 1190

Re: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289

Do you just get taxed on what you go above the 12% bracket? Many people find this tax visualizer useful when they have a question like yours. (The link shows tax year 2020, filing single, standard deduction, under age 65, $55K QD/LTCG): https://engaging-data.com/tax-brackets/?fs=0&reg=0&cg=...
by iamblessed
Sun Mar 14, 2021 7:55 am
Forum: Personal Investments
Topic: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289
Replies: 7
Views: 1190

Re: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289

I am trying to understand all of this. So if you go above the 12% bracket you will not kick you out of the 0% capital gains for all the money just the money that is above the 12% bracket?
by iamblessed
Sat Mar 13, 2021 10:51 pm
Forum: Personal Investments
Topic: If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289
Replies: 7
Views: 1190

If you had 55k of Qualified Dividends and Long Term Capital Gains would the tax bill be $289

With no other income.
Here is the tax calculator
http://www.moneychimp.com/features/tax_calculator.htm
Does that sound right?
That is 2k above the 12% tax bracket. Do you just get taxed on what you go above the 12% bracket?
by iamblessed
Sat Mar 13, 2021 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Bank account suggestions
Replies: 24
Views: 2028

Re: Bank account suggestions

Would make sense to pick whomever has the most brick-and-mortar branches in your region should you ever need one. It would make a good complement to Ally rather than just a backup online bank. +1. This is what I do. This is good for when you need to deposit cash, get notary/signature gurantee servi...
by iamblessed
Fri Mar 12, 2021 11:20 am
Forum: Investing - Theory, News & General
Topic: American Rescue Plan Act of 2021 Signed
Replies: 72
Views: 8097

Re: American Rescue Plan Act of 2021 Signed

How long do you think it will be before the tax software is updated for the American Rescue Plan Act of 2021?
by iamblessed
Fri Mar 12, 2021 8:15 am
Forum: Personal Investments
Topic: Is the top of the 12% tax bracket 53k this year? With new ACA rules in mind.
Replies: 4
Views: 647

Re: Is the top of the 12% tax bracket 53k this year?

Assuming single filer the top of 4x FPL (cliff) and the top of the 12% marginal bracket are two different numbers. FPL for 1 in household is $12,880 I believe from a simple search. So 4x is $51,520. I'd keep AGI below that and bake in a surprise amount of income or be ready to offset it come Decemb...
by iamblessed
Fri Mar 12, 2021 8:10 am
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 155
Views: 17569

Re: ACA subsidy cliff now going away! Yay!

If my income is 430% FPL will I suffer for it? Will the ACA and taxes be just a little higher than someone at the 399% FPL level? For every $100 of income over 400% FPL you will responsible for $8.50 more premium. Far less severe then before, when a single dollar over resulted in the loss of all su...
by iamblessed
Fri Mar 12, 2021 8:07 am
Forum: Personal Investments
Topic: Is the top of the 12% tax bracket 53k this year? With new ACA rules in mind.
Replies: 4
Views: 647

Is the top of the 12% tax bracket 53k this year? With new ACA rules in mind.

I want to go to the top of the 12% bracket. I am on the ACA so if I go over 400% FPL I would just have to pay a little more to the ACA.
https://www.kff.org/interactive/subsidy-calculator/
by iamblessed
Thu Mar 11, 2021 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 155
Views: 17569

Re: ACA subsidy cliff now going away! Yay!

If my income is 430% FPL will I suffer for it? Will the ACA and taxes be just a little higher than someone at the 399% FPL level?
by iamblessed
Thu Mar 11, 2021 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 155
Views: 17569

Re: ACA subsidy cliff now going away! Yay!

edgeagg wrote: Thu Mar 11, 2021 4:49 pm If you want to know how much you might actually save, here is a calculator from Kaiser. I found it to be useful.
So nice to go over 400% FPL and not get killed.