Search found 5365 matches

by dratkinson
Wed Jun 16, 2021 6:55 pm
Forum: Personal Consumer Issues
Topic: WWV Radio
Replies: 48
Views: 3515

Re: WWV Radio

The Allied/Knight SpanMaster Regen radio was actually a pretty sensitive rig. Not especially selective, though. Built a Knight Kit Star Roamer as a teenager in the early '60s and fed it from a north-pointing long wire. Remember the first station I heard and identified was HCJB out of Quito Ecuador....
by dratkinson
Wed Jun 16, 2021 6:32 pm
Forum: Personal Consumer Issues
Topic: WWV Radio
Replies: 48
Views: 3515

Re: WWV Radio

My Radio controlled clock keeps getting the time wrong. A lot of times I feel that I should just set it myself. Had a similar problem. Sometimes the time would remain accurate for several months, then it would change. My weather radio (Sangean CL 100) sets its time using RDS (radio data system)---g...
by dratkinson
Tue Jun 15, 2021 8:45 am
Forum: Personal Investments
Topic: Simplify Portfolio
Replies: 18
Views: 2580

Re: Simplify Portfolio

... 1) Yes open 2 Roth IRA s, one for yourself and have your spouse open one. If your 2021 MAGI will be under $198,000 then just contribute to them directly https://www.schwab.com/ira/roth-ira/contribution-limits. If your 2021 MAGI will be more than that then you have to use the back door method fo...
by dratkinson
Sat Jun 12, 2021 12:07 pm
Forum: Personal Investments
Topic: A Left Brain/Right Brain Roth Dilemma
Replies: 19
Views: 2403

Re: A Left Brain/Right Brain Roth Dilemma

Option 3a. (Reduce taxes and increase spending now.) --Her. Contribute to a traditional account now to get current tax deduction. --He. Contribute to traditional account now to get current tax deductions. --Both. Withdraw from Roth account(s) now (tax free) to fund additional living/travel expenses....
by dratkinson
Fri Jun 11, 2021 8:06 pm
Forum: Personal Investments
Topic: A Left Brain/Right Brain Roth Dilemma
Replies: 19
Views: 2403

Re: A Left Brain/Right Brain Roth Dilemma

Do you have any tax-deferred accounts (traditional IRA, 401k,...). You could draw them down now and save your Roth accounts for later in retirement. Why? Many want to reduce/eliminate the effects of unneeded/unwanted RMDs imposed upon tax-deferred accounts, so begin converting tax-deferred accounts ...
by dratkinson
Fri Jun 11, 2021 7:28 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2485
Views: 297475

Re: Post your Financial Milestone Announcements Here

Far more modest than anything else here, but I passed 50k net worth this month (26 years old). Been not so great with savings rates the past few years, but I’ve stepped up to saving about 40% of my ~63k income and feel good about picking up some speed. At 26 I was living paycheck to paycheck, worki...
by dratkinson
Thu Jun 10, 2021 11:47 am
Forum: Personal Investments
Topic: Should I keep SCHD
Replies: 7
Views: 776

Re: Should I keep SCHD

You can answer this question for yourself. How? Since you bought SCHD last year in a taxable account, this means you have a 1099DIV on it. --Box 1a lists total dividends (ordinary+QDI+STCG from internal fund operation). --Box 1b lists QDI dividends. --Box 2a list LTCG (from internal fund operation)....
by dratkinson
Tue Jun 08, 2021 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: IRS refund bigger than on return and they sent 12 ibonds
Replies: 18
Views: 3023

Re: IRS refund bigger than on return and they sent 12 ibonds

You can expect a 1099INT next Jan from the IRS reporting the interest earned. TIL. Do they mail it to you? Is there a way to get this information electronically? Sir, I do not know. Didn't immediately find an answer when I searched: https://www.google.com/search?q=can+i+request+electronic+1099-INT+...
by dratkinson
Tue Jun 08, 2021 1:29 pm
Forum: Personal Investments
Topic: novice leaving EJ could use advice.
Replies: 56
Views: 5259

Re: novice leaving EJ could use advice.

If you have any assets in a taxable account at EJ, make sure you get any cost basis information before moving your assets. Late to the party. Your cost basis includes any load and fees paid to get into an investment. Example. If you pay a $10 transaction fee to buy $100 of a 5% load fund, only $100...
by dratkinson
Tue Jun 08, 2021 10:48 am
Forum: Investing - Theory, News & General
Topic: Do you have a trade checklist?
Replies: 15
Views: 1084

Re: Do you have a trade checklist?

The checklist you are proposing sounds like the record we are advised to keep, to help us refine our (1) speculating and (2) technical analysis. But since both are deprecated on this forum, then there is no reason to go that route, here. You can find many "should I make the trade" checklis...
by dratkinson
Tue Jun 08, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund bigger than on return and they sent 12 ibonds
Replies: 18
Views: 3023

Re: IRS refund bigger than on return and they sent 12 ibonds

You can expect a 1099INT next Jan from the IRS reporting the interest earned.
by dratkinson
Sat Jun 05, 2021 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: IRS included interest on refund
Replies: 36
Views: 3615

Re: IRS included interest on refund

Okay. I'll create my own blank 1099memo as a reminder. See if the 2021 tax s/w accepts it. Added. Went back and looked through my 2020 tax return documents. For interest income earned (~$13) in 2020, due to delayed 2019 fed tax refund... 2020 IRS 1099INT showed: --Statement showing interest income f...
by dratkinson
Sat Jun 05, 2021 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRS included interest on refund
Replies: 36
Views: 3615

Re: IRS included interest on refund

My 2019 refund was delayed (covid), I did receive an amount (~$13) above what was expected, and a 2020 1099INT. Reported 1099INT on 2020 return. My 2020 refund included a small amount (~$2) above what was expected. I'm guessing it was interest, or maybe something to do with "economic impact pay...
by dratkinson
Thu Jun 03, 2021 5:36 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1295
Views: 63003

Re: Bird watchers – what birds are you seeing?

Geese having a honky-tonk...... There are more geese around the lake I walk at than normal. I suspect with the drought that their grassy feeding areas are turning dry so they are likely congregating at parks like this where they can snack on the green grass lawns. Zoom in and follow the shore as it...
by dratkinson
Wed Jun 02, 2021 10:41 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 411
Views: 296778

Re: Please Try Out Test Posts Here

Bylo Selhi wrote: Wed Jun 02, 2021 8:17 pm ʎɹʇ ɹǝɔᴉu uǝʌƎ
Okay, I give up. How?
by dratkinson
Tue Jun 01, 2021 7:12 pm
Forum: Personal Consumer Issues
Topic: Saving wear & tear on car (brakes vs transmission)
Replies: 80
Views: 6086

Re: Saving wear & tear on car (brakes vs transmission)

... Interesting that the rangers were testing brake temps. I've driven it 4-5 times and never got a temp check, although I have not driven it during peak tourist season. I wonder what temp they tell you to pull over at. Some cars can safely run much higher brake temps than others (mostly depends on...
by dratkinson
Tue Jun 01, 2021 2:57 pm
Forum: Personal Consumer Issues
Topic: Saving wear & tear on car (brakes vs transmission)
Replies: 80
Views: 6086

Re: Saving wear & tear on car (brakes vs transmission)

Driving down from Pikes Peak there are many signs saying something like descend in first gear only. Our driver ignored the sign. Then about 2 or 3 miles down we came to a road block. A park ranger checked the brake temperatures with an infrared thermometer. He said our temperature was too high and ...
by dratkinson
Mon May 31, 2021 2:42 am
Forum: Personal Investments
Topic: Is there something I can own something like the Wellington that will not hurt me in taxes so much?
Replies: 28
Views: 3425

Re: Is there something I can own something like the Wellington that will not hurt me in taxes so much?

You'll need to carefully research single-state muni funds if Vanguard does not have one. Why? Recall finding many bad ones when I went this route; prospectus promised: load, fees, leverage, AMT exposure without limit,.... Recall Swedroe has posted the criteria used by his firm to buy individual muni...
by dratkinson
Sat May 29, 2021 5:03 pm
Forum: Personal Consumer Issues
Topic: Washing Machine Installation
Replies: 10
Views: 1104

Re: Washing Machine Installation

The 4' pumping height is measured from the pump's location (in the base of the washer). Not the washer's waste water discharge location (near the top of the washer).

So use a tape measure and measure up 4' from whatever the washer is sitting on---close enough.
by dratkinson
Sat May 29, 2021 4:47 pm
Forum: Personal Consumer Issues
Topic: Printer question / seems to print on back of paper?
Replies: 9
Views: 1055

Re: Printer question / seems to print on back of paper?

I've got an HP printer that does same thing---prints face-side down, duplexes, finishes face-side down with top edge foremost. Remembering is only a problem when I manually insert an envelop, or want to print on (top half of) a copied document (bottom half). ("State, sorry I forgot to include 1...
by dratkinson
Sat May 29, 2021 4:06 pm
Forum: Personal Investments
Topic: Is there something I can own something like the Wellington that will not hurt me in taxes so much?
Replies: 28
Views: 3425

Re: Is there something I can own something like the Wellington that will not hurt me in taxes so much?

+1. TSM and TISM are tax efficient. Muni bond funds are tax efficient.

Owning separate funds vs an all-in-one fund (i.e. VTMFX tax-managed balance fund) allows you to TLH TSM or TISM or munis as the opportunity presents itself.
by dratkinson
Sat May 29, 2021 1:42 am
Forum: Personal Investments
Topic: Accidentally exchanged Roth funds for Taxable help
Replies: 24
Views: 2104

Re: Accidentally exchanged Roth funds for Taxable help

Review your Vanguard account for "pending transactions", or some such verbiage. If all is good, then you dodged a bullet. If you did make a mistake, ask Vanguard to correct your mistake... if they can. Otherwise you'll need to seek a work around in the tax code to correct your mistake. I'm...
by dratkinson
Fri May 28, 2021 6:22 pm
Forum: Personal Consumer Issues
Topic: E-Bike recommendations
Replies: 131
Views: 11527

Re: E-Bike recommendations

Have learned that they now make 2x2 ebikes that work well off road and in snow.
Search: https://www.google.com/search?q=2x2+ebike+off+road+snow
by dratkinson
Fri May 28, 2021 5:03 pm
Forum: Personal Investments
Topic: Is it pointless to invest in Bond Funds in taxable account?
Replies: 6
Views: 1120

Re: Is it pointless to invest in Bond Funds in taxable account?

Need more information. Looking through your old posts, it looks like you are self-employed. Assume you have a Solo 401k, into which you are putting equities to maximize growth. May also have 401k from former employer. The forum generally recommends putting safe bonds in tax-deferred accounts, equiti...
by dratkinson
Fri May 28, 2021 3:56 am
Forum: Personal Consumer Issues
Topic: Saving wear & tear on car (brakes vs transmission)
Replies: 80
Views: 6086

Re: Saving wear & tear on car (brakes vs transmission)

Compression braking = engine braking. To further complicate matters, shifting into 3rd gear in OP's automatic might not be enough if the hill is steep enough or his vehicle is heavily loaded, in which case more braking is required, which is suppled by shifting into 2nd gear. Example from my 5-speed ...
by dratkinson
Thu May 27, 2021 6:09 pm
Forum: Personal Investments
Topic: Should I transfer my Roth IRA from Edward Jones?
Replies: 303
Views: 15882

Re: Should I transfer my Roth IRA from Edward Jones?

... Thanks. So out of the big 3 brokerage firms. Which one is recommended? I know this forum is based on Vanguard. Not so, grasshopper. Recall Fidelity is preferred for online system, customer service, and cash management account. Recall TDAmeritrade was preferred for Solo 401k. But I may be mistak...
by dratkinson
Thu May 27, 2021 4:43 pm
Forum: Personal Consumer Issues
Topic: Saving wear & tear on car (brakes vs transmission)
Replies: 80
Views: 6086

Re: Saving wear & tear on car (brakes vs transmission)

... 3. Use 3rd gear instead of drive. My owner's manual suggests using 3rd gear, which I've always done, but I can't help noticing that 3/4 of the cars ahead of me are riding the brakes. I asked my mechanic about that and he said for automatic transmissions don't use 3rd gear; let the car do it's o...
by dratkinson
Thu May 27, 2021 3:55 pm
Forum: Personal Investments
Topic: Should I transfer my Roth IRA from Edward Jones?
Replies: 303
Views: 15882

Re: Should I transfer my Roth IRA from Edward Jones?

... Yes but libraries are so 90’s. I guess it’s worth it since it’s free. A library card also gets you remote access to other services. Example: Morningstar's paid features are free if you go into M* through your online public library account. What other services are available? Search the library's...
by dratkinson
Thu May 27, 2021 3:28 pm
Forum: Personal Consumer Issues
Topic: Buying a used Android phone. Having doubts.
Replies: 37
Views: 2672

Re: Buying a used Android phone. Having doubts.

Admit my smartphone needs are simple, so my solution may not work for all. Last year, a friend insisted that I needed to get a smartphone (replacement for: pay phones that no longer exist, paper phone book/map to keep in car for directions,...). So he ran me by an AT&T store and asked what is a ...
by dratkinson
Wed May 19, 2021 5:59 pm
Forum: Personal Consumer Issues
Topic: How Many Cash Transfers Per Month on Accounts
Replies: 3
Views: 668

Re: How Many Cash Transfers Per Month on Accounts

Savings: 6 savings withdrawals per month. It seems to be suspended, but there was a fed banking requirement which limited withdrawals from savings accounts to 6/mo, but unlimited deposits allowed. All other bank accounts (checking, mmkt) had no limit on withdrawals/deposits. Search: https://www.goog...
by dratkinson
Mon May 17, 2021 9:42 pm
Forum: Personal Consumer Issues
Topic: Selling Engagement and Wedding Rings
Replies: 15
Views: 3231

Re: Selling Engagement and Wedding Rings

You can have a jeweler turn a diamond solitaire into a nice stickpin. And sell the metal for scrap value. Just sayin'. This is very similar to what I did. I am divorced and my ex-husband didn't want the rings (neither did I). But I tucked them away for a while. When my daughter turned 16, for her s...
by dratkinson
Mon May 17, 2021 2:57 pm
Forum: Personal Consumer Issues
Topic: Selling Engagement and Wedding Rings
Replies: 15
Views: 3231

Re: Selling Engagement and Wedding Rings

You can have a jeweler turn a diamond solitaire into a nice stickpin. And sell the metal for scrap value. Just sayin'.
by dratkinson
Sun May 16, 2021 5:29 pm
Forum: Personal Investments
Topic: Adding a bond index fund to taxable to replace HYS, and the rebalancing after
Replies: 25
Views: 2256

Re: Adding a bond index fund to taxable to replace HYS, and the rebalancing after

With minor allocation differences, you can expect the long-term outcome difference to also be minor. But the market, from now until you retire, might give a slight edge to one allocation over the other. But you can only know that after you retire, so in hindsight, which doesn't help you now. And sin...
by dratkinson
Sat May 15, 2021 7:16 pm
Forum: Personal Investments
Topic: Please rate my portfolio and provide help on any needed changes
Replies: 9
Views: 925

Re: Please rate my portfolio and provide help on any needed changes

^^^ Recall grabiner suggested 50/50 limited-term national/long-term state muni funds. We also need to know your tax brackets (fed, state) to wag if municipal bond funds are appropriate for you. But don't begin piecemealing your information here as it'll just delay your progress. You will supply all ...
by dratkinson
Sat May 15, 2021 11:07 am
Forum: Personal Investments
Topic: What's Your Rebalancing Workflow?
Replies: 31
Views: 3057

Re: What's Your Rebalancing Workflow?

I'm a nudger, too. I buy whatever is low, with any money left over, after reconciling all first-of-the-month statements (brokerage, banking). A spreadsheet helps. Takes ~30-minutes. Why? Since we can never know what AA (asset allocation) works best at any time, then "close" must be good en...
by dratkinson
Sat May 15, 2021 10:31 am
Forum: Personal Investments
Topic: Please rate my portfolio and provide help on any needed changes
Replies: 9
Views: 925

Re: Please rate my portfolio and provide help on any needed changes

Option. If you wanted to change anything, could add tax-efficient bonds to your taxable account. Why? They become an extended-tier of your 1st-tier EFs (emergency funds)---checking, savings, CDs. Why? Bond in taxable can be used for multiple purposes: extended EF tier, higher after-tax income than H...
by dratkinson
Fri May 14, 2021 7:09 pm
Forum: Personal Consumer Issues
Topic: Penfed Credit Union Website Not Working Since Last Update ??
Replies: 26
Views: 1630

Re: Penfed Credit Union Website Not Working Since Last Update ??

Question. It's unclear to me, who is charging you the $5. Is it the CC company, or is it Penfed? If it's Penfed, then go around them and approach the problem solution from the CC side. Why? I've never had a CC charge me a fee to collect it's payment. Idea: CC ABP payment. You could set your CC to be...
by dratkinson
Tue May 11, 2021 6:43 pm
Forum: Personal Consumer Issues
Topic: how to get rid of junk mail for my mother
Replies: 42
Views: 2688

Re: how to get rid of junk mail for my mother

Could search for techniques to "opt out" of junk mail. Search: https://www.google.com/search?q=how+to+opt+out+junk+mail Recall having success when I went this route. Some junk mails still got through (ValPak,...), so looked for opt out instructions included with junk mail and used it. It w...
by dratkinson
Sat May 08, 2021 8:07 pm
Forum: Personal Investments
Topic: Adding a bond index fund to taxable to replace HYS, and the rebalancing after
Replies: 25
Views: 2256

Re: Adding a bond index fund to taxable to replace HYS, and the rebalancing after

Late to the party. The typical recommendation for someone in the 22% fed tax bracket, can withstand more risk, and wanting ETF bonds in taxable is: --VTI (more risk) --BND (recommended bonds) Why? During a crash: --Stocks can lose 50-90%. (Lost 40% in 2008-2009, 90% during great depression.) --Bonds...
by dratkinson
Sat May 08, 2021 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Some Regret Over Conservative Approach to Finances
Replies: 110
Views: 12570

Re: Feeling Some Regret Over Conservative Approach to Finances

Envy. Try to avoid comparing yourself to others. Why? Because you will be dissatisfied with the comparison. Because someone will always be seen to be doing better than you. Because you already know that you can not tolerate the 50% haircut they are setting themselves up for. "And I saw that all...
by dratkinson
Sat May 08, 2021 6:18 pm
Forum: Personal Consumer Issues
Topic: Best options for squashing scammer phone calls?
Replies: 64
Views: 5367

Re: Best options for squashing scammer phone calls?

Kitchen. I use a landline wall phone/answering machine that has an outgoing message which contains: --Special Information tri-Tone (SIT*) that says this number has been disconnected. (Defeats most robocallers.) --My greeting asking caller to leave their message + call back information. Phone/answeri...
by dratkinson
Wed May 05, 2021 6:35 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1295
Views: 63003

Re: Bird watchers – what birds are you seeing?

LadyGeek wrote: Wed May 05, 2021 12:22 pm...
The way I heard it: "Red touches yellow, he's a killing fellow. Red touches black, killing lack."
I was taught growing up in '60s Arkansas: "Red and yellow, kill a fellow. Red and black, nice to Jack."
by dratkinson
Wed May 05, 2021 4:15 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1295
Views: 63003

Re: Bird watchers – what birds are you seeing?

Had lunch with some friends in the mountains a few days ago. Afterward, sitting on their covered porch, while the afternoon sun warmed our toes, saw a small, dark bird with white patches on its cheeks, working up and down a tree trunk. Looking through their bird book, believe it was a Tree Swallow. ...
by dratkinson
Tue May 04, 2021 5:45 pm
Forum: Investing - Theory, News & General
Topic: Do I have to read the prospectus before buying an index fund?
Replies: 101
Views: 8042

Re: Do I have to read the prospectus before buying an index fund?

Yes, you must read the prospectus for each fund you own. After reading a few, you can skim the boilerplate paragraphs describing risk of ownership. "Got it, nothing out of the ordinary, these are the standard ways I could lose money." But the other stuff is important and you need to be awa...
by dratkinson
Mon May 03, 2021 7:01 pm
Forum: Investing - Theory, News & General
Topic: Qualified Versus Unqualified Dividends
Replies: 7
Views: 988

Re: Qualified Versus Unqualified Dividends

I've tried to match up the yearend distributions estimate and 1099DIV. My conclusion. When a fund declares STCG/LTCG from internal fund operation: --LTCG from internal fund operation are reported on 1099DIV box 2a, which flows to Sch D line 13. --STCG from internal fund operation are reported on 109...
by dratkinson
Mon May 03, 2021 4:53 pm
Forum: Personal Investments
Topic: First time poster seeking advice for lump sum
Replies: 4
Views: 624

Re: First time poster seeking advice

I have really enjoyed reading this forum and it has helped us move toward our long term goals. I appreciate any advice that the board brings for our current situation. Thanks in advance! Emergency funds: 9 to 12 months expenses Debt: No debt, renting. Tax Filing Status: Married Filing Jointly Tax R...
by dratkinson
Sun May 02, 2021 4:40 pm
Forum: Personal Investments
Topic: IRS NOT Letting me buy $5k additional ibonds with refund (2nd Year in a row)
Replies: 9
Views: 1684

Re: IRS NOT Letting me buy $5k additional ibonds with refund (2nd Year in a row)

I'm surprised to hear this. Would have thought this problem would have been resolved by now. Several years back, I played the "I bond fed tax refund game", and won. At the time, many posters said they couldn't get $5K in I bonds, but they did get a mailed $5K check. :annoyed At the time th...
by dratkinson
Sun May 02, 2021 3:59 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite portfolio management tool or calculator?
Replies: 36
Views: 3907

Re: What is your favorite portfolio management tool or calculator?

I track my investments in Excel. My list of other favorite free tools. --"Morningstar, Portfolio X-Ray Tool". (Free access from public library account. What is your investing style?) --"FINRA Fund Analyzer". (What are your investment cost? Doesn't include costs added FA.) --"...
by dratkinson
Tue Apr 27, 2021 7:34 pm
Forum: Personal Investments
Topic: New to the forum! Please advise?
Replies: 12
Views: 1104

Re: New to the forum! Please advise?

You didn't say, but we are assuming that you are in the highest fed+state income tax brackets. +1 on the idea to take a sabbatical. The future is unknowable, don't believe you have enough to handle a worst case event, and so don't believe you can safely retire today, while living in a HCOL area.* Rh...
by dratkinson
Mon Apr 26, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Planning to buy only one tire, instead of two (on an axle, as usually recommended)...
Replies: 9
Views: 944

Re: Planning to buy only one tire, instead of two (on an axle, as usually recommended)...

....all of which leads to the question in my original post (since no one knows if there are "minor differences in tire diameters"...That was the focus of my question. Minor differences, with an open differential, don't make a difference. And all other differentials are also designed to co...