Search found 157 matches

by Tejfyy
Sat Jul 24, 2021 2:01 pm
Forum: Investing - Theory, News & General
Topic: Is VPW a safer retirement strategy than SWR?
Replies: 243
Views: 12881

Re: Variable Percentage Withdrawal (VPW) - Danger Will Robinson!

I have this topic bookmarked and check in every now and then, that is every month or so. I'm using the VPW in "early retirement" after long hours spent understanding it initially and then via the threads that ensue here. I'm consistently reassured of its validity and reliability as a tool ...
by Tejfyy
Fri Jul 23, 2021 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal shopper’s shopping quandary
Replies: 17
Views: 1585

Re: Frugal shopper’s shopping quandary

I have a $100 grocery store card I purchased for $89. I figure then that everything I buy with this card is effectively at a 10% discount. You figured incorrectly. When you purchase $100 worth of groceries, you'll have only paid $89. Each individual thing you purchase isn't discounted by 10%. I don...
by Tejfyy
Fri Jul 23, 2021 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal shopper’s shopping quandary
Replies: 17
Views: 1585

Frugal shopper’s shopping quandary

I have a $100 grocery store card I purchased for $89. I figure then that everything I buy with this card is effectively at a 10% discount. I shop at this store regularly and often buy things on sale; staples like milk and eggs seem to be on sale often enough. I buy a few other things there too now a...
by Tejfyy
Tue Jun 01, 2021 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Simple question on tax owed for a Roth Conversion
Replies: 7
Views: 900

Re: Simple question on tax owed for a Roth Conversion

Yes thank you all! I've just done the calculating too with a 2021 tax table. Now I've got to weigh it against the ACA subsidies I receive. It might not be to my advantage after all.
by Tejfyy
Tue Jun 01, 2021 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Simple question on tax owed for a Roth Conversion
Replies: 7
Views: 900

Simple question on tax owed for a Roth Conversion

I just want to make sure I’m not missing anything. I do my own taxes and am trying to figure out how much I can convert. We know that when you convert from a traditional IRA to a Roth, the amount you convert is added to your gross income for that tax year which I’m assuming means before deductions. ...
by Tejfyy
Sat May 01, 2021 7:07 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

I can only go by what people share and the context in which we find ourselves (i.e. investment forum), as this is an anonymous forum and I don't know everyone's complete biography. I was basing myself on the post you wrote, which I'll add is extremely loaded with meaning and is far from being neutr...
by Tejfyy
Sat May 01, 2021 6:12 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

I think it's good to take a wide lens perspective. The average life expectancy in England in the 18th century was about 35. The world average life expectancy is now 72. One of the great discoveries of the modern era starting with Adam Smith is that "greed and glut" is counterintuitively o...
by Tejfyy
Sat May 01, 2021 3:17 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

I'm obliged to invest in companies whose business practices I oppose on social, environmental and political grounds in order to survive the next few decades and hopefully to leave the world in some tolerable condition for the coming generations. This strikes me a bit as "woe is me". If tr...
by Tejfyy
Sat May 01, 2021 2:26 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

watchnerd wrote: Sat May 01, 2021 2:06 pm
Selling your soul for lower ER, I see. ;)
LOL, heck yeah :wink:
by Tejfyy
Sat May 01, 2021 2:00 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

watchnerd wrote: Sat May 01, 2021 1:43 pm
You can invest in ESG funds.

Unless you're opposed to those, too.
I used to invest in such funds @watchnerd. My investing strategy's changed though (since arriving here). I need and prefer rock bottom expense ratios, and simplicity. :)
by Tejfyy
Sat May 01, 2021 1:05 pm
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 812
Views: 46630

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

I'm obliged to invest in companies whose business practices I oppose on social, environmental and political grounds in order to survive the next few decades and hopefully to leave the world in some tolerable condition for the coming generations. Bitcoin and I assume other cryptocurrency transactions...
by Tejfyy
Sat Apr 10, 2021 7:21 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 692
Views: 54583

Re: Cryptocurrency - Bitcoin Continues to Soar!

I think I'll stick with the tried and true polluters in my index fund.

Bitcoin mining in China could soon generate as much carbon emissions as some European countries, study finds.
https://edition.cnn.com/2021/04/09/bus ... index.html
by Tejfyy
Wed Mar 31, 2021 11:45 am
Forum: Personal Consumer Issues
Topic: Paid services that delete your online data for you
Replies: 0
Views: 348

Paid services that delete your online data for you

A bit of information. I'm in the process of deleting my data from and opting out of the myriad of data-brokers. It's time consuming and paid services exist that'll do it for you. I called Epsilon instead of using their online form. The person that handles their privacy issues (the only person) told ...
by Tejfyy
Fri Mar 26, 2021 9:35 pm
Forum: Personal Consumer Issues
Topic: Opting out of MyLife.com and other info sites
Replies: 5
Views: 1182

Opting out of MyLife.com and other info sites

Has anyone successfully opted out of or deleted their MyLife.com profile? Apparently one way is to access your free account and control what's published yourself. Sounds dubious though. Here are a couple of resources I've found. https://brandyourself.com/blog/privacy/opt-out-remove-information-from-...
by Tejfyy
Fri Mar 26, 2021 8:32 pm
Forum: Personal Consumer Issues
Topic: Digital persona - curating your online presence
Replies: 28
Views: 2133

Re: Digital persona - curating your online presence

I send takedown requests to the likes of whitepages, spokeo, etc al and try to promote my own content, website, etc. I didn't know about that. Does it actually work? I've become skeptical of so much on the web. I curate mostly by not participating any longer and using fake names. Regarding curating...
by Tejfyy
Thu Mar 25, 2021 12:18 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 282
Views: 25444

Re: How quickly did you receive your 2020 tax refund?

I e-filed Feb 15 with H&R Block, still no sign of federal refund.
by Tejfyy
Mon Mar 08, 2021 3:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5297
Views: 1359905

Re: What Book Are You Currently Reading? Part VI

Counter-revolution and revolt
by Herbert Marcuse, 1972

I'd recommend this book to anyone who hasn't read it.
by Tejfyy
Mon Mar 08, 2021 2:20 am
Forum: Personal Consumer Issues
Topic: What are your alternatives to big name brands, like Amazon?
Replies: 72
Views: 5241

Re: What are your alternatives to big name brands, like Amazon?

I spent $200 on Amazon last year, this year I'm shooting for zero. I recently used Bestbuy with a guest account for a monitor and picked it up myself. I'm finding ebay handy too. I like that you can check-out with a guest account. But 98% of my purchases are in person.
by Tejfyy
Mon Mar 08, 2021 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Online vs In-Person MBA
Replies: 20
Views: 1476

Re: Online vs In-Person MBA

I too think if you're going the MBA route face to face is preferable. But don't discount a hybrid program i.e., online and f2f.
by Tejfyy
Wed Feb 24, 2021 7:58 pm
Forum: Personal Investments
Topic: Advice on how to ease the anxiety of deciding to retire.
Replies: 91
Views: 11114

Re: Advice on how to ease the anxiety of deciding to retire.

I'm trying to convince myself to retire at the end of this year. I've been putting it off for the last 2 years. I'm wired to work and to save money. The idea of not working, having no income and spending my savings at age 62 seems very weird. I'd also be giving up a very healthy paycheck. However, ...
by Tejfyy
Fri Feb 12, 2021 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: ACA or other medical options in California
Replies: 23
Views: 1643

Re: ACA or other medical options in California

I haven't used an agent, but I found this guy's advice regarding reconciling on taxes useful. I had emailed him a rather complex question and he responded within a couple of days. https://insuremekevin.com/
by Tejfyy
Fri Feb 12, 2021 2:50 pm
Forum: Personal Investments
Topic: VPW and thinking about current and future AA with/without annuity
Replies: 8
Views: 876

Re: VPW and thinking about current and future AA with/without annuity

Re your asset allocation dilemma: It doesn't matter how you calculate your AA as long as the ratio is meaningful to you and you are consistent. Your "need, ability and willingness" to take equity risk is the issue, not the number that you calculate as its proxy. Most people do not include...
by Tejfyy
Wed Feb 10, 2021 1:49 am
Forum: Personal Finance (Not Investing)
Topic: ACA or other medical options in California
Replies: 23
Views: 1643

Re: ACA or other medical options in California

You will provide CoveredCA an estimate for your total income for the year and that figure will be used to determine the level of your subsidy. Income will include dividends and capital gains as well as your earned income in the calendar year you are receiving coverage. CoveredCA will pull your tax ...
by Tejfyy
Wed Feb 10, 2021 1:38 am
Forum: Personal Finance (Not Investing)
Topic: ACA or other medical options in California
Replies: 23
Views: 1643

Re: ACA or other medical options in California

Following this thread as I too am in California and my health insurance is looking quite complicated for this year. My employment is completely unknown. I currently have a high deductible plan for $330 through Kaiser. I'm about to print my paycheck (self-employed) for the first five weeks of 2020 b...
by Tejfyy
Wed Feb 10, 2021 1:05 am
Forum: Personal Consumer Issues
Topic: New personal business – tax question
Replies: 10
Views: 591

Re: New personal business – tax question

In the past I had a side consulting business which I almost always had a loss on because of business expenses. No big numbers, but it did impact my overall income taxes. This was before the standard deduction was so big. Turbo Tax or H&R Block tax software make it easy to do. I'm using H&R B...
by Tejfyy
Wed Feb 10, 2021 12:48 am
Forum: Personal Investments
Topic: VPW and thinking about current and future AA with/without annuity
Replies: 8
Views: 876

VPW and thinking about current and future AA with/without annuity

I’m planning on using the VPW for retirement withdrawals. I’m in early/semi-retirement, that is I work freelance and may have work this year or not. And perhaps next year and the following. Who knows. So I’ve started drawing on my CDs for income. I’m comfortable with an AA of 50/50 which I have when...
by Tejfyy
Tue Feb 09, 2021 9:22 pm
Forum: Investing - Theory, News & General
Topic: Tesla skips 401(k) match for third straight year
Replies: 28
Views: 3035

Re: Tesla skips 401(k) match for third straight year

Kind of off-topic, don't you think? Like it or not, despite his (deep) flaws, he's also achieved the impossible. Not just anyone can get a new electric car company successfully launched in the USA. Nor teach themselves enough to become their own chief rocket engineer (for a little while) and actual...
by Tejfyy
Tue Feb 09, 2021 9:07 pm
Forum: Investing - Theory, News & General
Topic: Tesla skips 401(k) match for third straight year
Replies: 28
Views: 3035

Re: Tesla skips 401(k) match for third straight year

Elon Musk is not known for his generosity. He recently got called out for not donating anything to charity. He tweeted to ask for ideas on how to give money away. So what do we make of such an individual who seems to have captured the attention of so many people as someone "inspirational?"
by Tejfyy
Tue Feb 09, 2021 7:39 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 195
Views: 38606

Re: Costco rotisserie chicken

Picasso wrote: Tue Feb 09, 2021 1:28 pm
100% agree. You both have a friend in me. My values and ethics are worth more than a cheap chicken.
:sharebeer
by Tejfyy
Tue Feb 09, 2021 7:38 pm
Forum: Investing - Theory, News & General
Topic: Tesla skips 401(k) match for third straight year
Replies: 28
Views: 3035

Tesla skips 401(k) match for third straight year

https://www.pionline.com/defined-contri ... aight-year

I wonder what the rationale is and what to make of it as an investor.
by Tejfyy
Mon Feb 08, 2021 10:39 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 195
Views: 38606

Re: Costco rotisserie chicken

Incredibly cheap loss leader food product of highly questionable origin and supply chain pumped full of stuff that isn’t good for you! Alternate headline: American poultry industry full of Machiavellian villains who don’t care for the welfare of the birds they raise, much less their consumers. Alte...
by Tejfyy
Sat Feb 06, 2021 11:01 pm
Forum: Personal Consumer Issues
Topic: Any Minimalists on here?
Replies: 304
Views: 32858

Re: Any Minimalists on here?

I was raised in a minimalist household in the '50s and '60s. I have no desire to return to living in a rowhouse in downtown Baltimore. Minimalist out of choice or necessity? It sounds like necessity, which is something else I think. Friends of mine who've grown up in working poor families, have bui...
by Tejfyy
Sat Feb 06, 2021 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Expat with address in California
Replies: 19
Views: 1530

Re: Expat with address in California

You'll need to file tax returns in both countries as well as CA. Our tax returns ran 100 pages and had to be professionally prepared due to the tax treaties and investments in both countries. Looks like from your signature that you're in Isreal. Isn't there an equivilent investment firm? Americans ...
by Tejfyy
Sat Jan 30, 2021 7:33 pm
Forum: Non-US Investing
Topic: Early Prep for retirement in France as US citizen?
Replies: 31
Views: 3303

Re: Early Prep for retirement in France as US citizen?

I recommend getting there first, going to school, getting a job, etc, etc.. You appear to be putting the cart before the horse. The world in 40 or so years is utterly unknown and no amount of planning is going to change that. Live your life. Have direction and intentions 'cause that's all you can re...
by Tejfyy
Sat Jan 30, 2021 6:23 pm
Forum: Investing - Theory, News & General
Topic: I still believe in “getting rich slowly”
Replies: 91
Views: 9269

Re: I still believe in “getting rich slowly”

Can these “get rich quick” investors make money consistently year after year for 40-50-60 years? Probably not. On the other side of the coin, can they remain disciplined with their big winnings and not blow it? That’s the other question. I’m content (most days) with my index funds. I would love you...
by Tejfyy
Sat Jan 30, 2021 5:57 pm
Forum: Personal Consumer Issues
Topic: How to protect "protected health information" (DNA, health history, etc.)?
Replies: 3
Views: 346

Re: How to protect "protected health information" (DNA, health history, etc.)?

Over the last 10 years I’ve become increasingly observant and concerned about my “privacy.” In the case of DNA and medical information, I’m not immediately concerned with nefarious goings on as much as with the infringement itself and its meaning in a democracy. In other words the longterm implicati...
by Tejfyy
Wed Jan 27, 2021 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 426
Views: 35159

Re: H&R Block 2020 software offer

I'm using Premium and finding it doesn't handle PTC repayment that needs to be calculated as self-employment health insurance deductions. I may go into the forms themselves and recalculate manually or get a tax person to help with this conundrum. https://insuremekevin.com/irs-2019-health-insurance-s...
by Tejfyy
Wed Jan 27, 2021 2:32 pm
Forum: Personal Consumer Issues
Topic: Does TV Commercials, Online Ads and Telemarketing Affect Your Consumption Choices?
Replies: 73
Views: 3212

Re: Does TV Commercials, Online Ads and Telemarketing Effect Your Consumption Choices?

I block all online ads, don't watch TV and don't talk to telemarketers. Same here on all three accounts. I use Adblocker Ultimate and another trick most people don't know is toggling to Reader View (Firefox) to get rid of all the noise on a webpage. It's actually an accessibility feature. What adve...
by Tejfyy
Sun Jan 24, 2021 5:32 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 343
Views: 41119

Re: What have you baked recently?

I'd been baking my own bread, using store-bought, organic, whole wheat flour until I began buying freshly-milled organic flour direct from the mill and what a difference. The flour is so much more alive, literally. Do you mind me asking what mill you order from? I didn't know you could do this. Tha...
by Tejfyy
Sun Jan 24, 2021 5:20 pm
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 63
Views: 14665

Re: Golden Visa Programs

Not to sound discouraging but no one seems to be considering the pandemic and its near and long term impact on well... everything. I don't envision things ever going back to pre-pandemic days and "movement" is certainly going to affected. +1 to the above. another item to consider is the w...
by Tejfyy
Sun Jan 24, 2021 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Deduct not repay PTC overpayment w/ tax software
Replies: 3
Views: 275

Deduct not repay PTC overpayment w/ tax software

This seems to be an ongoing problem with software packages. I’ve read threads here and elsewhere and I’m still baffled. I’m self-employed and have to repay the PTC. I’m using H&R Block desktop which does all your business calculations before handling the marketplace health insurance. On the scre...
by Tejfyy
Sun Jan 24, 2021 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Securing my accounts, what am I missing?
Replies: 45
Views: 3859

Re: Securing my accounts, what am I missing?

Use a password manager. I feel this is a risk rather than a feature. if somehow, the password manager is hacked, hackers get everything. So I'm staying away. I never click on links by email. I bookmark my financial institutions' website and directly go to them. It's not. A password manager reduces ...
by Tejfyy
Sun Jan 24, 2021 4:54 am
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 63
Views: 14665

Re: Golden Visa Programs

Do you have any relationship to Portugal, any understanding or interest in the culture, the people, the language?
by Tejfyy
Sun Jan 24, 2021 4:49 am
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 63
Views: 14665

Re: Golden Visa Programs

Raybo wrote: Fri Jan 22, 2021 2:45 am Learning a new language ... isn't a huge barrier for someone motivated to do so.
I disagree particularly for a monolingual native English speaker.
by Tejfyy
Sun Jan 24, 2021 4:40 am
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 63
Views: 14665

Re: Golden Visa Programs

Not to sound discouraging but no one seems to be considering the pandemic and its near and long term impact on well... everything. I don't envision things ever going back to pre-pandemic days and "movement" is certainly going to affected. Here's one real-world example. A couple (friends) b...
by Tejfyy
Sun Jan 24, 2021 3:27 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 536
Views: 56226

Re: The Calm Post - Stay the course thread.

I was in college in 2008 and not yet investing, so spring 2020 was my first real bear market as a professional. I was working at the time, socking away I good percentage of my monthly pretax salary because I didn't need it because I just don't spend a lot of money even if I have it. And though I wa...
by Tejfyy
Sun Jan 24, 2021 2:25 am
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 72
Views: 5993

Re: Inflation

freyj6 wrote: Fri Jan 22, 2021 9:47 pm It's strange to think about the prospect of a coffee costing $6 having something to do with the way your portfolio is structured.
The prospect? People already spend $6 on a cup of coffee where I live. I'm not sure what you're saying.
by Tejfyy
Sun Jan 24, 2021 2:17 am
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 72
Views: 5993

Re: Inflation

(easy example...The cheapest phones have stayed the same price, midrange phones have gotten a little more expensive, flagship phones have more than doubled in cost) Paying more for exponentially better products isn't inflation, though. If I chose to replace my iPhone 7, I would pay half the price f...
by Tejfyy
Sun Jan 24, 2021 1:53 am
Forum: Investing - Theory, News & General
Topic: Importance of expense ratios
Replies: 8
Views: 974

Re: Importance of expense ratios

I don't think it's necessary to be absolutist about the lowest fees, just keep your eyes open, do the math, and be smart about your choices long term. When I found my way to the Bogle mindset, the math of ERs just made too much sense to rethink, overthink or mess with. I accepted it as the fact tha...
by Tejfyy
Sun Jan 24, 2021 1:28 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 343
Views: 41119

Re: What have you baked recently?

I'd been baking my own bread, using store-bought, organic, whole wheat flour until I began buying freshly-milled organic flour direct from the mill and what a difference. The flour is so much more alive, literally.