Search found 267 matches

by EdNorton
Wed Apr 07, 2021 5:58 am
Forum: Investing - Theory, News & General
Topic: What is your contrarian/alternative play?
Replies: 101
Views: 8625

Re: What is your contrarian/alternative play?

EdNorton wrote: Mon Jul 06, 2020 5:56 pm NLST - do your own diligence, NLST won a patent infringement case against Google. Could be a 10 bagger! Cheers! :sharebeer
Good day for NLST yesterday. Not a 10 bagger yet for me but getting close.
:sharebeer
by EdNorton
Mon Apr 05, 2021 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Windfall State Tax Just When I was Relocating
Replies: 8
Views: 1334

Re: Windfall State Tax Just When I was Relocating

If you were a resident of Michigan on the date of sale, it should be sourced to Michigan, regardless of payment dates.
:sharebeer
by EdNorton
Fri Apr 02, 2021 5:23 am
Forum: Personal Investments
Topic: Starting with nothing.
Replies: 28
Views: 7754

Re: Starting with nothing.

30 years ago, I started with nothing, still got most of it.

:sharebeer
by EdNorton
Thu Mar 25, 2021 8:21 pm
Forum: Personal Consumer Issues
Topic: Should I get termite inspection?
Replies: 7
Views: 619

Re: Should I get termite inspection?

Get it. It's usually a cheap inspection on top of a regular home inspection ($100?) and termites can be found in most US states. I've completely bailed on property purchases before due to termite issues that were not obvious to the untrained eye. While your contract with the seller may vary, it's g...
by EdNorton
Wed Mar 24, 2021 8:05 am
Forum: Personal Consumer Issues
Topic: Thinking of getting a cellphone for the first time
Replies: 24
Views: 2702

Re: Thinking of getting a cellphone for the first time

After I get a cell phone and a new number, can I expect to be free from annoying telephone solicitations? If not, can I live comfortably simply by blocking all unknown numbers? Can you do that on a cell phone? Spam calls are a problem even with cell phones. iOS, and I think Android, allow you to bl...
by EdNorton
Tue Mar 23, 2021 7:44 am
Forum: Personal Investments
Topic: Huge Windfall + Vanguard PAS, Here's What They Allocated For Me
Replies: 68
Views: 7747

Re: Huge Windfall + Vanguard PAS, Here's What They Allocated For Me

FIREGuy88 wrote: Mon Mar 22, 2021 7:07 pm
tj wrote: Mon Mar 22, 2021 7:03 pm
I thought you had $7M ? What did you do with the rest of it?
It's not liquid yet.
He needs some walking around money in case he sees something he likes.
:sharebeer
by EdNorton
Sat Mar 20, 2021 9:25 am
Forum: Personal Consumer Issues
Topic: My $2 a day car - for frugal living / car depreciation nerds.
Replies: 40
Views: 5833

Re: My $2 a day car - for frugal living / car depreciation nerds.

Good purchase with the Kona, it will be interesting to see how the EV compares over time. I leased the Kona. Zero down (including no costs for title/license/registration/tax/etc, and first month payment waived) 35 remaining payments of $212 plus tax. All maintenance will be covered, and I'll also s...
by EdNorton
Thu Mar 18, 2021 7:54 pm
Forum: Personal Consumer Issues
Topic: Las Vegas or Tampa for retirement relocation?
Replies: 69
Views: 6056

Re: Las Vegas or Tampa for retirement relocation?

TB will cost about $5k more in flood insurance. I'm also guessing that $500k will get you into a much better neighborhood in Vegas than Tampa.
:sharebeer
by EdNorton
Wed Mar 10, 2021 6:25 pm
Forum: Personal Investments
Topic: Help please. Being forced to retire early..
Replies: 87
Views: 10125

Re: Help please. Being forced to retire early..

hicabob wrote: Wed Mar 10, 2021 5:51 pm Of course they want you to take the lump sum so they can get their greedy hands on it and take 2% of it per year. Generally keeping the pension is best and most pensions are guaranteed by the PBGC.
https://www.pbgc.gov/
Agree vehemently. :sharebeer
by EdNorton
Sun Mar 07, 2021 8:46 am
Forum: Personal Consumer Issues
Topic: Recommendation for wifi enabled Internet radio?
Replies: 14
Views: 858

Re: Recommendation for wifi enabled Internet radio?

I have an Onkyo receiver that gets internet radio that also has the usual AM/FM, aux inputs for CD player, turntable. It's about 15 years old so there are probably much better options out there. I refuse to knowingly let someone or something else listen to my conversations, so no Alexa for me. :shar...
by EdNorton
Sun Mar 07, 2021 8:38 am
Forum: Personal Investments
Topic: Need Help Assessing Portfolio & COLA Question
Replies: 10
Views: 783

Re: Need Help Assessing Portfolio & COLA Question

If it was me: 1) Retire at 57, life is short 2) Pay off house, you got plenty in Roth for emergencies 3) You have decent funds available, just keep a balanced portfolio at an AA you are comfortable with. 4) I would not have term life insurance, you or your spouse should be able to live comfortably o...
by EdNorton
Sun Mar 07, 2021 7:53 am
Forum: Personal Consumer Issues
Topic: 10 day road trip vacation around Lake Michigan
Replies: 31
Views: 2472

Re: 10 day road trip vacation around Lake Michigan

I wasn't impressed with Traverse City, too touristy for my taste. Munising is very tiny but I highly recommend the Pictured Rocks sunset cruise. I recommend staying in Marquette instead of Munising. There's a nice restored historical hotel there, a lot of restaurants in walking distance.
:sharebeer
by EdNorton
Wed Feb 24, 2021 7:51 pm
Forum: Personal Consumer Issues
Topic: Any veterinarians out there? Was this treatment normal?
Replies: 2
Views: 798

Any veterinarians out there? Was this treatment normal?

My standard poodle was diagnosed with lyme disease thru a blood test. She was placed on a 2 week antibiotic treatment. She was also given a Lyme disease vaccine. My questions are: 1) Was vaccine necessary or effective since she already had Lyme disease, 2) Should we have followed up with another blo...
by EdNorton
Wed Feb 17, 2021 5:42 am
Forum: Personal Investments
Topic: Nvidia and AMD: Regret and Luck vs. Skill
Replies: 43
Views: 3268

Re: Nvidia and AMD: Regret and Luck vs. Skill

I bought 1,000 shares of NVDA @ $30 in early 2016, sold last shares in 2020, made $250k, was feeling smart. Turns out I wasn't that smart. I'd be up $575k if I just held. Let your winners run.
:oops:

:sharebeer
by EdNorton
Tue Feb 09, 2021 10:32 am
Forum: Personal Investments
Topic: missed non spouse IRA rollover deadline--tax consequences
Replies: 4
Views: 491

Re: missed non spouse IRA rollover deadline--tax consequences

IBM has to follow the rules, they do not have the authority to reverse this. You need to appeal to the IRS.
:sharebeer
by EdNorton
Tue Feb 09, 2021 7:49 am
Forum: Personal Finance (Not Investing)
Topic: S Corp K-1 Question
Replies: 1
Views: 181

Re: S Corp K-1 Question

Per K-1 instructions (2020), W2 wages are included under code V. If I was preparing S Corp return, I would list them separately if you can.
:sharebeer
by EdNorton
Mon Feb 08, 2021 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Assets on Day of Death
Replies: 33
Views: 3191

Re: Selling Assets on Day of Death

Dug wrote: Mon Feb 08, 2021 8:11 am When my mother passed my CPA valued the step up basis on the date of death. Once you sell the stock, the difference between the step up and actual sale price is taxed as a gain or loss on the estate taxes. Similar to real estate.
:oops: :sharebeer Dug duh!!!
by EdNorton
Thu Feb 04, 2021 6:59 am
Forum: Personal Investments
Topic: Bogleheads' Guide to the Three-Fund Portfolio
Replies: 3
Views: 471

Re: Bogleheads' Guide to the Three-Fund Portfolio

1/3 in S&P index fund, 1/3 in $5,000 watches and 1/3 in exotic cars.
:sharebeer
by EdNorton
Fri Jan 29, 2021 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Car Spending Advice
Replies: 104
Views: 6915

Re: Car Spending Advice

mr_brightside wrote: Fri Jan 29, 2021 11:44 am i love these troll threads ...

net worth of $4M and 'worried' about a modest car lease / loan... :D


-------------------------------------------------------------
I wouldn't call $750/month a modest car lease/loan. Don't think it's just me feels that way.
:sharebeer
by EdNorton
Fri Jan 29, 2021 8:47 am
Forum: Personal Investments
Topic: Any BINO's(Boglehead in name only) buying Moderna?
Replies: 42
Views: 2219

Re: Any BINO's(Boglehead in name only) buying Moderna?

dogagility wrote: Fri Dec 18, 2020 7:08 am I always gamble with my portfolio, so I'm going all in! :twisted:
Glad it turned out good for you.
:sharebeer
by EdNorton
Fri Jan 29, 2021 8:23 am
Forum: Personal Investments
Topic: Any BINO's(Boglehead in name only) buying Moderna?
Replies: 42
Views: 2219

Re: Any BINO's(Boglehead in name only) buying Moderna?

Update - just exited my MRNA trade @ $204. Up 42% in little over a month. It was stressful as MRNA dropped close to $100 about a week after I bought. If I had better timing, would have been a 100% gain.
:sharebeer
by EdNorton
Sun Jan 24, 2021 12:27 pm
Forum: Personal Investments
Topic: I just bought individual stocks and a lot of them.
Replies: 218
Views: 17168

Re: I just bought individual stocks and a lot of them.

I would be worried about those companies ability to pay those dividends in the future. With a few exceptions, almost all the companies listed pay more in dividends than they have in earnings. There's a reason those companies have a high dividend yield, they're risky.
:sharebeer
by EdNorton
Sat Jan 23, 2021 8:19 am
Forum: Personal Consumer Issues
Topic: is agile training worth it for execs?
Replies: 15
Views: 1714

Re: is agile training worth it for execs?

You can put syrup on a turd, but that don't make it a pancake.

:sharebeer
by EdNorton
Mon Jan 18, 2021 8:08 am
Forum: Personal Consumer Issues
Topic: Signature Golf Holes that are worth traveling to? . . . And. . Most Memorable Golf Experiences?
Replies: 78
Views: 4760

Re: Signature Golf Holes that are worth traveling to?

Hole 17 at Kiawah Ocean Course is an awesome and fearsome hole over water at 221 yards for pros. The pros made a mess of the hole during Ryder Cup. It was a really intimidating hole. Lots of great holes on this course but this is probably the best. I have played the course twice. https://www.golfco...
by EdNorton
Sun Jan 03, 2021 6:29 pm
Forum: Personal Consumer Issues
Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Replies: 341
Views: 25985

Any multimillionaire's (more than 2mm) out there still mow their own lawn?

My net worth is slightly more than 2.5 million, not counting house. About $800k taxable, $400k Roth and balance in IRA's and TSP. Current withdrawal from our savings is about 1%. DW thinks I'm a cheap [implied vulgarity removed by Mod Misenplace] , I think there's a lot of cheap [implied vulgarity r...
by EdNorton
Sat Jan 02, 2021 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Failure to file gift tax return
Replies: 8
Views: 860

Re: Failure to file gift tax return

Your Dad should gift cash because he would lose the step up in basis in the property at his death.
:sharebeer
by EdNorton
Mon Dec 28, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Any duffers on here use PXG golf clubs?
Replies: 3
Views: 440

Any duffers on here use PXG golf clubs?

Thinking about the 0811 XF Gen 2 driver. On sale from PXG for $225, down from $595. Would get fitted for first time ever (extra $50 for fitting). I'm a 16 handicap, 65 years old, hit my 10 year old TaylorMade about 225 on a good drive. Your thoughts and comments are appreciated.
:sharebeer
by EdNorton
Sun Dec 20, 2020 9:47 am
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 157
Views: 13612

Re: What are your not free but still frugal hobbies?

Golf. I play with someone who loves to gamble and is particularly bad at it. So I get paid to play golf, though the hourly rate isn't that great. Golf if you can work at course. I mow greens 2 mornings a week, about 2 hours a day, for minimum wage plus free golf and cart. I play about 4 rounds a we...
by EdNorton
Sun Dec 20, 2020 9:19 am
Forum: Personal Consumer Issues
Topic: Favorite Travel Experiences
Replies: 178
Views: 12960

Re: Favorite Travel Experiences

Almost any place that requires at least 2 days of backpacking away from a motorized vehicle to get there and also that has no internet service. Heh, pretty ironic coming from the guy who has more posts on the Bogleheads Internet forum than any other human being on the planet... :) That's only 15 po...
by EdNorton
Sat Dec 19, 2020 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Poll: how much annual income do you think you need in retirement?
Replies: 113
Views: 8690

Re: Poll: how much annual income do you think you need in retirement?

I don't need any income in retirement because I saved. A better question would be how much is your annual spending in retirement.
:sharebeer
by EdNorton
Fri Dec 18, 2020 11:36 am
Forum: Personal Investments
Topic: Any BINO's(Boglehead in name only) buying Moderna?
Replies: 42
Views: 2219

Re: Any BINO's(Boglehead in name only) buying Moderna?

aristotelian wrote: Fri Dec 18, 2020 9:53 am Down 6%. What is your play, OP?
My play is to take the dog for a walk, come back and watch Judge Judy and then sell after hours above $150. And crack a bottle of wine after Judy.
:sharebeer
by EdNorton
Fri Dec 18, 2020 9:15 am
Forum: Personal Investments
Topic: Any BINO's(Boglehead in name only) buying Moderna?
Replies: 42
Views: 2219

Re: Any BINO's(Boglehead in name only) buying Moderna?

Did you just invent a new term?? I would guess there are a lot of BINOs on bogleheads :D Thanks for my morning laugh. BINO, very cute. Good luck. Love the BINO label! I’ll expect to see that in many future threads. Thank you, glad I could make a contribution to this board. :sharebeer
by EdNorton
Fri Dec 18, 2020 6:58 am
Forum: Personal Investments
Topic: Any BINO's(Boglehead in name only) buying Moderna?
Replies: 42
Views: 2219

Any BINO's(Boglehead in name only) buying Moderna?

Moderna should get FDA approval today, buying a little bit in my tax advantaged accounts, not day trading, but very short term trading, looking for quick gain, less than 3% of investments. Am I crazy? In at $143.
:sharebeer :sharebeer
by EdNorton
Fri Dec 18, 2020 6:50 am
Forum: Investing - Theory, News & General
Topic: Should I put my lump sum into stocks during these times? Or wait for the other shoe to drop?
Replies: 50
Views: 4178

Re: Should I put my lump sum into stocks during these times? Or wait for the other shoe to drop?

...The thing is I can't shake the feeling that the US stock market is about to drop and I should wait for it before I do... 2021 S&P 500 forecasts -JPM 4,400 -GS 4,300 -UBS 4,100 -CS 4,050 -Barc 4,000 -DB 3,950 -MS 3,900 -Wells 3,850 -SocGen 3,800 -Citi 3,800 -BofA 3,800 link That settles it, w...
by EdNorton
Tue Dec 15, 2020 8:43 pm
Forum: Personal Consumer Issues
Topic: Snow shovel \ snow sled shovel recommendations
Replies: 26
Views: 1565

Re: Snow shovel \ snow sled shovel recommendations

A few years ago I bought a Wovel and it works great. My wife gets the sidewalks and driveway cleared in no time with it. I 2nd that. Think it's called a snowovel. Watch a video of it, I'm technically challenged so I won't post a link. It's not cheap but it works great. Had over a foot of heavy snow...
by EdNorton
Sun Dec 06, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: seeking a job in statistics
Replies: 33
Views: 2755

Re: seeking a job in statistics

28% of all statisticians truly hate their job. :sharebeer
by EdNorton
Sat Dec 05, 2020 9:39 am
Forum: Personal Consumer Issues
Topic: Subaru Forester Limited 2021 actual price paid
Replies: 19
Views: 2829

Re: Subaru Forester Limited 2021 actual price paid

We bought a 2019 Forested Limited in fall of 2019, got about $3k off sticker. 3 dealers were within $100 of each other. Offers on trade in were also very close, went to Carmax, got $2k more for trade in. :sharebeer
by EdNorton
Sat Dec 05, 2020 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Do I Understand Tax Loss Harvesting Correctly?
Replies: 11
Views: 1071

Re: Do I Understand Tax Loss Harvesting Correctly?

Sell all your losses, $25k, sell $22k of S/T gains. Take $3k loss on tax return, and take a step up in basis on what you sold to realize the gain, assuming you buy back as soon as you sell. It is not a wash sale when you sell something for a gain, then buy back immediately.
:sharebeer
by EdNorton
Wed Nov 04, 2020 6:50 pm
Forum: Investing - Theory, News & General
Topic: Can anyone comment on MaxFi financial planning software?
Replies: 12
Views: 1705

Re: Can anyone comment on MaxFi financial planning software?

Used to use MaxFli, went to Srixon this year. Much better for price.
:sharebeer
by EdNorton
Sun Nov 01, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: Anybody have experience auctioning a house?
Replies: 2
Views: 338

Re: Anybody have experience auctioning a house?

Yes, auctions are fairly popular in NE Ohio. DW's parents passed away with house full of furniture, garages full of tools, mowers, trailers, etc. Our auction company (Kiko's) sold everything, what didn't sell stayed with the house. House was sold as is, no headaches dealing with inspections. We figu...
by EdNorton
Fri Oct 30, 2020 10:22 am
Forum: Personal Consumer Issues
Topic: Last day at work, to-do list?
Replies: 30
Views: 1996

Re: Last day at work, to-do list?

Arrange transportation home after celebration. :sharebeer
by EdNorton
Sun Oct 18, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 75
Views: 3862

Re: Should I get a ping pong table?

Go for it. Good for hand/eye coordination and if played enthusiastically, it's a good aerobic activity. Worst case, it's a $300 table accumulating junk.

Also, the correct name is table tennis, not pingpong, according to some friends who play competively. :sharebeer
by EdNorton
Sun Oct 11, 2020 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Cost for CPA, and billing detail
Replies: 14
Views: 1178

Re: Cost for CPA, and billing detail

Retired CPA here, it depends on the complexity of the K-1 and the SP. The return was probably prepared by a staff ($200/hour billing rate), detailed reviewed by a manager ($350-600/hour) and high level review by a partner ($600-$1,000/hour). A bill can get high in a hurry at those rates. Also, does ...
by EdNorton
Sun Oct 04, 2020 9:18 am
Forum: Personal Consumer Issues
Topic: I had lease for vacation rental, property sold, what is Florida law?
Replies: 18
Views: 1170

Re: I had lease for vacation rental, property sold, what is Florida law?

I had contract to rent a pet friendly apartment in Siesta Key for last week of January. The property just sold and closed this week, does the new owner have to honor the contract? :sharebeer Is there a reason you think it won’t be honored? What has the new owner communicated to you? No communicatio...
by EdNorton
Sun Oct 04, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: I had lease for vacation rental, property sold, what is Florida law?
Replies: 18
Views: 1170

Re: I had lease for vacation rental, property sold, what is Florida law?

does the new owner have to honor the contract? Cant imagine they would when you have 4 months to find another place. Your cause of action is against the old owner. Did you leave a deposit? Was it not returned? I previously rented a beach house in another state, which was for sale at the time, and t...