Search found 136 matches

by Ken.
Mon Jul 03, 2023 4:34 am
Forum: Investing - Theory, News & General
Topic: Bob Brinker's newsletter Market Timer is shutting down
Replies: 191
Views: 56686

Re: Bob Brinker's newsletter Market Timer is shutting down

When I first arrived in the US back in 1991 I was surfing the radio stations in Hawaii a few days after my arrival and came across a talk show called MoneyTalk. At first I thought it was another show where the guy tries to get money from you, but then I heard him start to talk about no-load funds and how studies had shown how no-load funds outperformed load funds by the amount of the load, and mentioning a fund family in Valley Forge, PA when callers would ask what mutual fund family to buy from, and to buy the market with index funds. I listened to him for over 10 years, and read a lot of the books in his recommended reading list. About his QQQ call, even though he recommended it in his radio show, and I think in his newsletter, I noticed ...
by Ken.
Mon May 22, 2023 8:57 pm
Forum: Investing - Theory, News & General
Topic: Does TRowePrice support Yubikey?
Replies: 4
Views: 665

Re: Does TRowePrice support Yubikey?

Thanks all for the useful links and info. Good to know đź‘Ť
by Ken.
Sun May 21, 2023 6:58 pm
Forum: Investing - Theory, News & General
Topic: Does TRowePrice support Yubikey?
Replies: 4
Views: 665

Does TRowePrice support Yubikey?

According to their webpage they just say they support authenticator apps without being more specific. I'm not sure whether that means just the 2FA apps you install on your phone or it would include Yubikey as well. Does anyone know?
by Ken.
Sat May 06, 2023 4:43 am
Forum: Personal Finance (Not Investing)
Topic: Projecting income/dividends for 2023 in Vanguard?
Replies: 6
Views: 1711

Re: Projecting income/dividends for 2023 in Vanguard?

Vanguard provides the estimated income and estimated yield info on their monthly statements for each investment that you own. It took me a while to find it and it was only after I remembered a post about this last year. Vanguard Search didn't have any info about this.
by Ken.
Mon Jan 23, 2023 2:39 am
Forum: Personal Investments
Topic: Not Receiving Security Code on Overseas Number from Vanguard
Replies: 0
Views: 388

Not Receiving Security Code on Overseas Number from Vanguard

I am currently overseas and have been receiving the security code sent to my overseas phone number, but in the last few days I have not been receiving it at all. In the past I used to sometimes get it the next day, but most of the time I have had no issue.

Is anyone else having problems having the code sent to their overseas number when logging in from overseas?
by Ken.
Sat Jun 25, 2022 3:33 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers terminating accounts due to inactive trading?
Replies: 30
Views: 4109

Re: Interactive Brokers terminating accounts due to inactive trading?

ToBeOrNot wrote: ↑Fri Jun 24, 2022 12:52 am I’m in the LITE commissions pricing structure and haven’t made a trade in over 18 months and haven’t had a threat of shutdown. I do however have periodic deposit activity.

Check which price structure your account is configured for. The LITE model doesn’t have inactivity fees.
I'm also in the LITE pricing plan and my activity has been just a couple of deposits.
by Ken.
Fri Jun 24, 2022 4:30 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers terminating accounts due to inactive trading?
Replies: 30
Views: 4109

Re: Interactive Brokers terminating accounts due to inactive trading?

anon_investor wrote: ↑Wed Jun 22, 2022 6:59 am
Ken. wrote: ↑Wed Jun 22, 2022 4:04 am
hithere wrote: ↑Wed Jun 22, 2022 3:14 am I think the main thing they hate is having accounts with no activity AND no securities. So just buy a little bit of equity or whatever and they shouldn't bother you any more.
I can't say I blame them for that, but I'm not sure I personally want to have another account to deal with at tax time, unless there's something like an ETF that doesn't pay dividends. I just wanted to use that account for currency conversion. I'll have to think about it, but might just go back to one of the standard international money transfer companies even if they are more expensive.
Just buy a share of BRK-B.
Perfect, thanks!
by Ken.
Wed Jun 22, 2022 4:04 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers terminating accounts due to inactive trading?
Replies: 30
Views: 4109

Re: Interactive Brokers terminating accounts due to inactive trading?

hithere wrote: ↑Wed Jun 22, 2022 3:14 am I think the main thing they hate is having accounts with no activity AND no securities. So just buy a little bit of equity or whatever and they shouldn't bother you any more.
I can't say I blame them for that, but I'm not sure I personally want to have another account to deal with at tax time, unless there's something like an ETF that doesn't pay dividends. I just wanted to use that account for currency conversion. I'll have to think about it, but might just go back to one of the standard international money transfer companies even if they are more expensive.
by Ken.
Wed Jun 22, 2022 3:04 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers terminating accounts due to inactive trading?
Replies: 30
Views: 4109

Interactive Brokers terminating accounts due to inactive trading?

I have been using ibkr since last year for converting currency and sending overseas, never using my brokerage account for trading. I just received an email saying that they may close my account in thirty days if I don't have any trading activity.

Has anyone else been using their accounts solely for currency conversion and withdrawal and received email like this?
by Ken.
Sat Dec 18, 2021 2:27 am
Forum: Investing - Theory, News & General
Topic: Looking for a good source of Weekly Economic and Financial Updates on the Web
Replies: 1
Views: 456

Looking for a good source of Weekly Economic and Financial Updates on the Web

I used to get mine from Bob Brinker's Money Talk but that ended a few years ago. He used to give about a 10 minute summary of events of the week that were pertinent to the stock market, things like release of the latest CPI, treasury interest rate changes, economic events around the world, and any political events in Washington of interest to investors.

I'm looking for a podcast or webpage etc that is on the shorter side with no spin or angle.
by Ken.
Sun Nov 28, 2021 2:38 am
Forum: Investing - Theory, News & General
Topic: Ed Yardeni is my next “Bogleheads on Investing” guest
Replies: 11
Views: 1868

Re: Ed Yardeni is my next “Bogleheads on Investing” guest

I would be interested in his thoughts about inflation, whether he thinks it will be a relatively short blip or something that could be more longer term.
by Ken.
Sun Sep 19, 2021 3:48 am
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Re: Interactive Brokers: How to Send Money Overseas?

Yes, I meant Interactive Brokers. I've updated the title. Thanks.
by Ken.
Thu Sep 16, 2021 3:56 am
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Re: Interactive Brokers: How to Send Money Overseas?

Just an update The funds finally went through but it took some time, especially the first time. Not the most user friendly experience. But now I've done it once, I know what to do in future. Here is my experience the first time through. Bill Pay request submited on 08/14. A check had to be made and sent by snail mail because the amount was greater than $5000 Check Arrived at ibkr on 08/23. Funds became available on 09/01 due to a 6 business day hold for checks. Filed a Help Desk Ticket 09/01. Currency Conversion not working. Nothing happens and there is no error message or any info given to the user as to why. 09/02 Help Desk replied that that it was because I had to allow for a $2 fee when doing the conversion. 09/16 Finally sent the wire ...
by Ken.
Thu Aug 19, 2021 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Re: Interactive Brokers: How to Send Money Overseas?

I would kind of surprise me if it had to be above a certain dollar amount, which makes me wonder if it's something else. How long did you wait to try the conversion after completing your first transfer into IBKR? Because it takes a few days for money to be available to convert and transfer out if you have a cash account. And I assume you had linked your foreign bank account to your IBKR account prior to attempting the conversion? I ask, because when I first opened my IBKR account I tried to convert USD to MX Pesos and had a similar experience to the one you describe. After that I learned that I had to link my MX bank account first before I would be able to perform this specific conversion. MX Pesos aren't treated as a "typical" c...
by Ken.
Sat Aug 14, 2021 3:27 am
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Re: Interactive Brokers: How to Send Money Overseas?

Well it depends on the other bank right? Which currency(ies) do they accept? You should convert to that first, then send. Things are definitely different depending upon which country you're sending to etc. For instance, to send pesos to an MX bank from my US account, I had to add an MX address to my account via a somewhat convoluted process. Sounds like that isn't necessary for other destinations. For USD.MXN there was no option for sending USD. If I simply go to the withdraw page to initiate a transfer that way, I enter the amount of pesos I want to send, and IBKR does the conversion process in the back ground and transfers the requested amount of pesos into my MX bank account, debiting the requisite amount of USD from my IBKR account. Th...
by Ken.
Fri Aug 06, 2021 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Re: Interactive Brokers: How to Send Money Overseas?

Thanks. I did the ACH push already, but for withdrawing to my overseas bank I wasn't sure whether you have convert currency first before sending or just send it as is and ibkr automatically do the conversion.

Based on the below thread it seems you should convert it first then send it.

viewtopic.php?f=2&t=317734&start=50

Is that right?
by Ken.
Thu Aug 05, 2021 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Interactive Brokers: How to Send Money Overseas?
Replies: 15
Views: 2877

Interactive Brokers: How to Send Money Overseas?

I recently opened an account with Interactive Brokers just for sending money overseas and am about to do this for the first time. I transferred some funds into ibkr ok, but am not sure how I should send the money to my overseas bank.

Based on what I read you get one free transfer free per month. The way I am doing it, I went to the Transfer & Pay page where it gave me two options, ACH Transfer, and Bank Wire. I chose bank wire and it displayed a page for entering your bank information including Bank Country. It also asked whether you bank accepts US dollars. I assume you should select 'No' there as you would get the better ibkr rate rather than whatever rate the bank uses.

Anyway, is this the way to do it through Interactive Brokers?
by Ken.
Wed Jun 09, 2021 11:54 pm
Forum: Personal Consumer Issues
Topic: Expat Mail Forwarding. Which State did you Choose for your mailbox?
Replies: 3
Views: 769

Re: Expat Mail Forwarding. Which State did you Choose for your mailbox?

GreendaleCC wrote: ↑Wed Jun 09, 2021 11:23 pm When will you pay WA sales tax when you're living overseas?
I still use my US credit card, which has my WA address on it, when buying from US stores.

Anyway, I was wondering is there any good reason to choose a mailbox in the state that you resided in?
by Ken.
Wed Jun 09, 2021 10:35 pm
Forum: Personal Consumer Issues
Topic: Expat Mail Forwarding. Which State did you Choose for your mailbox?
Replies: 3
Views: 769

Expat Mail Forwarding. Which State did you Choose for your mailbox?

I relocated overseas a few months ago, and need to set up a US address from which I can have mail forwarded to me.

I was wondering for my mailbox should I choose one that is in the same state as I lived in or not. I was living in WA State which has no income tax but a 10% sales tax, so I was thinking about choosing an address in a state that has no income tax and a lower sales tax. It looks like Alaska might be good for that. But maybe I should keep my mailbox in WA state since I may not be able to renew my drivers license.

For anyone who has a mail forwarding service, did you choose the state that you lived in, or a different one?
by Ken.
Wed Feb 03, 2021 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: SPIA's for Expatriates?
Replies: 0
Views: 203

SPIA's for Expatriates?

I just retired and relocated overseas from the US, am a US citizen, and am working on my retirement plan. Are there any expatriates here who purchased an SPIA from overseas and were there any special things you needed to do to do that?
by Ken.
Wed Feb 03, 2021 6:48 pm
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 2367
Views: 643250

Re: Variable Percentage Withdrawal (VPW)

Thank you longinvest.
by Ken.
Tue Feb 02, 2021 9:21 pm
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 2367
Views: 643250

Re: Variable Percentage Withdrawal (VPW)

I have a question about the Retirement worksheet.

The instructions for the Retirement worksheet say "- Starting at age 80, the sheet displays the projected income floor after age 100." Is this still applicable? I don't see it on the page.
by Ken.
Wed Dec 30, 2020 4:27 pm
Forum: Personal Consumer Issues
Topic: Looking for Moving Company from Seattle to New Zealand
Replies: 0
Views: 375

Looking for Moving Company from Seattle to New Zealand

Can anyone recommend a moving company for moving my personal goods from Seattle to New Zealand? I am getting quotes from two companies, just looking for one more.
by Ken.
Sun Sep 20, 2020 3:35 pm
Forum: Personal Consumer Issues
Topic: New Zealand Local Chapter Thread
Replies: 22
Views: 3662

Re: New Zealand Local Chapter Thread

Still in the US, but expect to be back by January. Has the NZ chapter had meeting yet?
by Ken.
Fri Jun 05, 2020 6:26 pm
Forum: Personal Consumer Issues
Topic: New Zealand Local Chapter Thread
Replies: 22
Views: 3662

Re: New Zealand Local Chapter Thread

I'm in Seattle but expect to be back in Auckland by October.
by Ken.
Fri Jun 05, 2020 6:18 pm
Forum: Investing - Theory, News & General
Topic: Anyone not bother with Tax Loss Harvesting?
Replies: 129
Views: 14054

Re: Anyone not bother with Tax Loss Harvesting?

I don't bother with TLH. Too much hassle with record keeping and worrying if you made a mistake. I like to keep things simple, and minimize my time doing taxes.
by Ken.
Fri Feb 07, 2020 5:12 pm
Forum: Non-US Chapters
Topic: New Zealand Bogleheads Local Chapter
Replies: 18
Views: 15959

Re: Any Interest in a New Zealand Local Chapter?

Mel Lindauer wrote: ↑Sat Dec 09, 2017 8:13 pm Hi Everyone:

I've been contacted by someone who has agreed to lead a new Local Chapter in New Zealand.

Anyone interested? If so, post here and when we get four more New Zealand Bogleheads, we'll get your Chapter up and running.
I may be relocating back there soon so I would be interested.
by Ken.
Mon Feb 03, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: $3 million the new rule of thumb?
Replies: 653
Views: 64795

Re: $3 million the new rule of thumb?

abuss368 wrote: ↑Tue Jan 28, 2020 7:52 pm
cableguy wrote: ↑Tue Jan 28, 2020 7:39 pm Yes. It’s a good number. And its more like 3%....not 4%. A cop, fireman, or teacher that retires can earn $90k in retirement. Why not you?
Because they can retire on the best pensions that taxpayer money can buy.
by Ken.
Mon Feb 03, 2020 11:34 am
Forum: Personal Investments
Topic: Order cancellation at Vanguard
Replies: 20
Views: 21190

Re: Order cancellation at Vanguard

rossington wrote: ↑Sun Feb 02, 2020 4:47 am If the cancel for some reason did not go through just exchange back and sell the original desired fund at the same time on Monday.
Yes, but I would have to pay capital gains tax since the sale was not cancelled.
jhfenton wrote: ↑Sun Feb 02, 2020 7:43 pm If it shows the order as cancelled it is cancelled. You can absolutely cancel orders entered outside markets. Orders become uncancellable sometime in the afternoon on market days. If you try to cancel an order after the deadline, it will explicitly tell you that it could not be cancelled.
Thanks for the clarification jhfenton. The sell order I cancelled no longer shows in my Order Status or Pending Activity views so I guess it's all good now.
by Ken.
Sat Feb 01, 2020 10:39 pm
Forum: Personal Investments
Topic: Order cancellation at Vanguard
Replies: 20
Views: 21190

Re: Order cancellation at Vanguard

I will check it on Monday but I think I will also call just to be doubly sure, mainly because of the message you see when you place a purchase that once purchased you may not be able to cancel the order.

Also I noticed that unlike when you place an order you get an email confirmation I did not get any email confirmation after I cancelled the order.
by Ken.
Sat Feb 01, 2020 1:24 am
Forum: Personal Investments
Topic: Order cancellation at Vanguard
Replies: 20
Views: 21190

Re: Order cancellation at Vanguard

I just accidentally sold the wrong Vanguard fund this Friday evening at around 10:30pm PST, and went to cancel it around 11pm. The confirmation page on the website said that I could track my request on the Order Status page (actually it was the same verbiage that ishkadetto wrote above). So I went there and it showed the order status as being cancelled.

I was wondering how reliable that is. Can I assume that it has indeed been canceled, or should I call on Monday morning just to follow up? I think I will do that anyway but I thought I would just check with the bogleheads here.
by Ken.
Mon Jan 06, 2020 11:49 pm
Forum: Personal Investments
Topic: Maximum Roth IRA Contribution for low income
Replies: 5
Views: 695

Re: Maximum Roth IRA Contribution for low income

I am trying to figure out how much I can contribute to my Roth IRA this year given that I will be only working for a few months this year. Based on what I've read you are not allowed to contribute more than your earned income. I'm not exactly sure what earned income means though. Say if my gross income will be $30000 for this year and I contribute $24000 to my traditional 401K, my income after deducting the $24000 before tax would be $6000. So would that mean I can only contribute $6000 to my IRA instead of the $7000 limit for this year including catch-up contributions? That is correct. The eligibility to contribute to a Roth IRA is based on the Box-1 figure of your W-2 form. That figure, as you know, is reduced by the Traditional 401k con...
by Ken.
Mon Jan 06, 2020 5:09 pm
Forum: Personal Investments
Topic: Maximum Roth IRA Contribution for low income
Replies: 5
Views: 695

Maximum Roth IRA Contribution for low income

I am trying to figure out how much I can contribute to my Roth IRA this year given that I will be only working for a few months this year. Based on what I've read you are not allowed to contribute more than your earned income. I'm not exactly sure what earned income means though.

Say if my gross income will be $30000 for this year and I contribute $24000 to my traditional 401K, my income after deducting the $24000 before tax would be $6000. So would that mean I can only contribute $6000 to my IRA instead of the $7000 limit for this year including catch-up contributions?
by Ken.
Tue Mar 19, 2019 12:43 pm
Forum: Personal Investments
Topic: HSA Investment option for Cash - an Annuity?
Replies: 7
Views: 1821

Re: HSA Investment option for Cash - an Annuity?

Late reply, but I ended up putting it in the Vanguard Wellesley Income fund
by Ken.
Mon Mar 18, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: Favorite investment quote
Replies: 73
Views: 6267

Re: Favorite investment quote

"In the short run, the market is a voting machine but in the long run it is a weighing machine" - Benjamin Graham
by Ken.
Tue Jul 24, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: "Money Talk" Radio Program with Bob Brinker
Replies: 33
Views: 5804

Re: "Money Talk" Radio Program with Bob Brinker

I listened to him a lot in the '90s and early 2000's but not much since then. Instead I checked out honeybee's beehive buzz blog every now and then which summarises his show each week. Never subscribed to his newsletter. I started listening to him again in the last month and still find his commentary on money related developments for the week interesting.

I have to give him credit for getting me into no load mutual funds, and educating myself via his recommended reading list which has a lot of books common with the ones recommended here.
by Ken.
Fri Jun 17, 2016 7:01 pm
Forum: Personal Consumer Issues
Topic: Customs Duty when buying from Overseas
Replies: 4
Views: 961

Re: Customs Duty when buying from Overseas

Thanks Ram. I see that it states a duty free exemption of $800 for items accompanying you.

Does that mean that there is no exemption for items that don't accompany you?
by Ken.
Fri Jun 17, 2016 6:29 pm
Forum: Personal Consumer Issues
Topic: Customs Duty when buying from Overseas
Replies: 4
Views: 961

Customs Duty when buying from Overseas

I was wondering when buying an item from someone overseas whether there was a minimum threshold below which import duty is waived.

I found a site where it says the minimum threshold is $800. http://www.dutycalculator.com/country-g ... ed-States/

Can anyone confirm this? Has anyone ever imported anything around this value and not had to pay any tax?

The item in my case will be for personal use. Thanks.
by Ken.
Fri Dec 11, 2015 9:38 pm
Forum: Personal Investments
Topic: HSA Investment option for Cash - an Annuity?
Replies: 7
Views: 1821

Re: HSA Investment option for Cash - an Annuity?

Thanks. I guess I will wait for the prospectus if they have one to see all the fees.
by Ken.
Thu Dec 10, 2015 3:57 pm
Forum: Personal Investments
Topic: HSA Investment option for Cash - an Annuity?
Replies: 7
Views: 1821

HSA Investment option for Cash - an Annuity?

My HSA was just transferred to a new provider, Health Equity, and I am in the process of setting up my investment options in the new account. For cash balances they have two options. One is a Basic FDIC Insured option which has the following rates: Balance Rate APY* $0.01 - $2,000.00 0.05% 0.05% $2,000.01 - $7,500.00 0.10% 0.05% - 0.09% $7,500.01 - $10,000.00 0.20% 0.09% - 0.12% Over $10,000 0.40% 0.12% - 0.37% The other is a Yield Plus option, provided by the Great Western Insurance Company, with these rates: Balance Rate APY* $0.01 - $2,000.00 0.10% 0.10% $2,000.01 - $7,500.00 0.25% 0.10% - 0.21% $7,500.01 - $10,000.00 1.00% 0.21% - 0.41% Over $10,000 1.50% 0.41% - 1.40% Below is some info about the Yield Plus Investment. I will see if I ...
by Ken.
Tue Sep 22, 2015 12:41 pm
Forum: Personal Consumer Issues
Topic: Leaking Dishwasher
Replies: 20
Views: 2435

Re: Leaking Dishwasher

Ok, thanks.
by Ken.
Mon Sep 21, 2015 5:10 pm
Forum: Personal Consumer Issues
Topic: Leaking Dishwasher
Replies: 20
Views: 2435

Re: Leaking Dishwasher

Just updating. The problem was the water pump which was leaking. So I will be replacing the diswasher as it is about the same price as replacing the pump would be.

I pulled out the dishwasher and cleaned the area. The floor under the diswasher is bare concrete. There was some pitting in the concrete where the leak was but there is still concrete underneath so I think that is ok.

There was some mold on the wall at the back so I used some bleach to wipe it off, but in doing that some of the stucco came off leaving the bare wall. Should I have that repaired or is it ok to leave it as it is? I am just wondering does stucco provide protection against water damage or is it mainly just cosmetic?
by Ken.
Thu Sep 10, 2015 3:46 pm
Forum: Personal Consumer Issues
Topic: I am running out of excuses to not move out
Replies: 71
Views: 11892

Re: I am running out of excuses to not move out

If you are able to continue with the 2 hour daily commute, how about taking the money that you used to pay of your loan and start putting towards a downpayment on a home, so that when you do move out you won't have to rent, or if you do you won't have to rent for as long before getting your own place.
by Ken.
Wed Sep 09, 2015 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Post your current employer retirement plan! (if any)
Replies: 94
Views: 14311

Re: Post your current employer retirement plan! (if any)

401K Plan. My company matches 50% of contributions up to $6000. Vesting is 33% after 1 years service, 66% after 2, and 100% after 3. We can defer from 1 to 85% of our salary up to the maximum allowed by the IRS. Below is the page that shows the investments, performance and expense ratios. Average annualized total return Show only most recent returns INVESTMENT PERFORMANCE GROSS EXPENSE As of 7 d* 3 m** 1 y 3 y 5 y 10 y Life Ratio(%) Per $1000 JPMorgan Prime Money Market-Premier 0.46 $4.60 8/31/2015 0.01 0.01 0.02 0.02 0.02 1.38 2.72 7/31/2015 0.01 0.01 0.02 0.02 0.02 1.41 2.73 6/30/2015 0.01 0.01 0.02 0.02 0.02 1.43 2.75 Inception Date:   11/15/1993 Western Asset Core Plus Bond Fund-I 0.49 $4.90 8/31/2015 N/A -0.84 1.56 2.98 4.6 5.54 6.34 7...
by Ken.
Sat Sep 05, 2015 10:13 pm
Forum: Personal Consumer Issues
Topic: Leaking Dishwasher
Replies: 20
Views: 2435

Re: Leaking Dishwasher

Thanks for the replies. I think I will call an appliance repair person. I don't mind paying as I've been renting the place for several years pretty much maintenance free up till now.
by Ken.
Sat Sep 05, 2015 3:56 pm
Forum: Personal Consumer Issues
Topic: Leaking Dishwasher
Replies: 20
Views: 2435

Leaking Dishwasher

In my condo that I am currently renting out there appears to be a leak around the dishwasher. I'm not sure if I'm explaining this correctly, but the wood lining/trim that goes around the bottom of the wall and the floor is damp and probably needs to be replaced. Also the wall is slightly damp above it and that area may also need replacing. The tenant also says when she first started using the dishwasher she saw some water coming out from under the stove but then it stopped happening. However the stove is about 5 feet away from the dishwasher on the other side of the sink. Has anyone else had experience with this? I was wondering what would be the best thing to do. Shall I find a plumber to come and try to find where the leak is? Or shall I ...
by Ken.
Mon Mar 02, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Income Reporting with Staggered Tax Years
Replies: 0
Views: 344

Foreign Income Reporting with Staggered Tax Years

I need to start reporting foreign interest income this year on my US return from a country that has a tax year that goes from April to March each year. I was wondering how I should report this. The latest tax form I have is for their 2013 tax year from April 2013 to March 2014. I won't be receiving the 2014 form until late April. I could calculate the interest income for 2014 but that would take some work as there are multiple accounts so there would be a lot of pages of records to keep, which would be a bit of a mess. Otherwise I could just use the latest form I have at the time of filing which would be their 2013 tax year form. That would be the simplest option. Or should I file an extension every year and file the form that arrives after...
by Ken.
Fri Feb 06, 2015 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: What Exchange Rate to use for declaring foreign interest?
Replies: 2
Views: 646

What Exchange Rate to use for declaring foreign interest?

I have a bank account overseas for which I have to declare the interest earned for tax purposes in my US tax return for the first time.

I found this page at the IRS website: http://www.irs.gov/Individuals/Internat ... ange-Rates

It shows average exchange rates for 2014 which is what I believe I should use, but this sentence on the page confuses me:

Note: The exchange rates referenced on this page do not apply when making payments of U.S. taxes to the IRS...

Does this mean I can't use those rates since I am using it for calculating how much tax to pay to the IRS?
by Ken.
Thu Oct 16, 2014 6:47 pm
Forum: Investing - Theory, News & General
Topic: "The best response to market volatility"
Replies: 27
Views: 4724

Re: "The best response to market volatility"

I would have thought that the best response to market volatility is to have picked an asset allocation in the first place that would take into account times like these and worse. Like asking the question if the market drops 50% how much would I tolerate my portofolio dropping.

I would think that folks that did that would not be worried at times like this as they have already accounted for it in their asset allocation.