Search found 776 matches

by ScubaHogg
Mon Mar 22, 2021 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax efile rejected -- tips?
Replies: 17
Views: 1167

Re: TurboTax efile rejected -- tips?

My efile tax return keeps getting rejected by the IRS (and subsequently state) with the error that the "AGI or PIN is incorrect." I have gone back and checked and rechecked. The AGI is definitely our AGI from last year. Additionally, we filed a paper return last year and don't have a PIN....
by ScubaHogg
Mon Mar 22, 2021 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax efile rejected -- tips?
Replies: 17
Views: 1167

Re: TurboTax efile rejected -- tips?

However, I have also attempted putting "O" in for the AGI and "1" (both tips I read somewhere). All have been rejected. OP, just to be sure... the advice has been to use a zero and not the Letter "O". I'm pretty sure that's what you meant in your original post, but I j...
by ScubaHogg
Mon Mar 22, 2021 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax efile rejected -- tips?
Replies: 17
Views: 1167

Re: TurboTax efile rejected -- tips?

You don't have to go to the Post Office to mail your return. You can put in any mailbox to mail it including the one at your home. I'm sure there is a way, but I don't know how to get tracking on it and/or have it registered if I just drop it in my mailbox. Plus I just don't want to burn that much ...
by ScubaHogg
Mon Mar 22, 2021 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax efile rejected -- tips?
Replies: 17
Views: 1167

Re: TurboTax efile rejected -- tips?

z3r0c00l wrote: Mon Mar 22, 2021 10:27 am
ScubaHogg wrote: Mon Mar 22, 2021 10:24 am
I am trying to avoid having to print off the return and go to the post office and mail it in.
That sounds like the best option, what is the concern about doing it this way?
Two under two and I just don't want the hassle of loading everyone up and going and standing in line
by ScubaHogg
Mon Mar 22, 2021 10:24 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax efile rejected -- tips?
Replies: 17
Views: 1167

TurboTax efile rejected -- tips?

My efile tax return keeps getting rejected by the IRS (and subsequently state) with the error that the "AGI or PIN is incorrect." I have gone back and checked and rechecked. The AGI is definitely our AGI from last year. Additionally, we filed a paper return last year and don't have a PIN. ...
by ScubaHogg
Sun Mar 21, 2021 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 13
Views: 1286

Re: Life Insurance

Your NW may or may not keep climbing. You could be hit by a drunk driver tonight and not contribute another dollar. The relevant question is what kind of lifestyle you want for your wife and child if you were to die tomorrow. Is $4M enough for you/wife to live on a raise a baby on if one of you were...
by ScubaHogg
Thu Mar 18, 2021 8:16 am
Forum: Personal Consumer Issues
Topic: What is the BEST thing you spent money on?
Replies: 242
Views: 23982

Re: A Bottle of Champaign!

Hi everyone. Long time lurker. What is the BEST thing you ever spent money on? Shalom: The best thing I ever spent money on was a bottle of champaign. I'll explain: It was New Year's Eve 1950, I went to the New Year's Eve Bachelor's Ball on Miami Beach. I saw a very beautiful lady ( the 1949 Orange...
by ScubaHogg
Tue Mar 16, 2021 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry, yet another TT Backdoor Roth Question
Replies: 7
Views: 326

Re: Sorry, yet another TT Backdoor Roth Question

I figured it out. I actually did the tIRA section correctly, but in the "Wages and Income" section I accidentally answered "yes" to the "have you received any income from IRAs, Annuities, etc." section and then left it at 0. So TT was trying to create a 1099-R for that....
by ScubaHogg
Tue Mar 16, 2021 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry, yet another TT Backdoor Roth Question
Replies: 7
Views: 326

Re: Sorry, yet another TT Backdoor Roth Question

Ok, I was clear that I hadn't done the conversion for 2020, but perhaps I entered it in incorrectly. I'll delete all the IRA stuff and start again. Thanks!
by ScubaHogg
Tue Mar 16, 2021 12:31 pm
Forum: Investing - Theory, News & General
Topic: Creating An Anti Fragile Portfolio
Replies: 86
Views: 6633

Re: Creating An Anti Fragile Portfolio

Not clear at all if the OP is wanting an "anti-fragile" portfolio or something more like a "robust" portfolio (in Taleb's world). What is clear is that many folks on this thread haven't read their Nassim Taleb at all but feel the need to comment. That being said, if you are want...
by ScubaHogg
Tue Mar 16, 2021 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry, yet another TT Backdoor Roth Question
Replies: 7
Views: 326

Sorry, yet another TT Backdoor Roth Question

I searched and searched but I couldn't find an answer to this specific question. Sorry if it's been answered before. For the first time I made a non-deductible tIRA contribution and immediately converted it to a Roth for both myself and my wife for tax year 2020. Details: - non-deductible contributi...
by ScubaHogg
Tue Mar 16, 2021 11:34 am
Forum: Investing - Theory, News & General
Topic: Creating An Anti Fragile Portfolio
Replies: 86
Views: 6633

Re: Creating An Anti Fragile Portfolio

dcabler wrote: Tue Mar 16, 2021 11:33 am [
From Princess Bride: "That word does not mean what you think it means".
:D
😆
by ScubaHogg
Tue Mar 16, 2021 11:31 am
Forum: Investing - Theory, News & General
Topic: Creating An Anti Fragile Portfolio
Replies: 86
Views: 6633

Re: Creating An Anti Fragile Portfolio

Not clear at all if the OP is wanting an "anti-fragile" portfolio or something more like a "robust" portfolio (in Taleb's world). What is clear is that many folks on this thread haven't read their Nassim Taleb at all but feel the need to comment. That being said, if you are wanti...
by ScubaHogg
Tue Mar 02, 2021 11:16 am
Forum: Investing - Theory, News & General
Topic: Lost decade, how about the lost 25 yrs?
Replies: 56
Views: 7107

Re: Lost decade, how about the lost 25 yrs?

For one thing, I doubt the Fed would allow the money supply to crash like it did in the early 30s
by ScubaHogg
Fri Feb 12, 2021 9:59 am
Forum: Personal Consumer Issues
Topic: Hotel / AirBnB WiFi - Trust it?
Replies: 32
Views: 2009

Re: Hotel / AirBnB WiFi - Trust it?

I would think a VPN should take care of this problem for you. ExpressVPN and Private Internet Access are two popular ones. Combined with “HTTPS Everywhere” I wouldn’t worry about public wifis for one more second A VPN adds literally no security in this scenario. Would it hurt? Yes. You have no more...
by ScubaHogg
Fri Feb 12, 2021 9:54 am
Forum: Personal Investments
Topic: 18 to 100 percent annual return fund
Replies: 145
Views: 12180

Re: 18 to 100 percent annual return fund

000 wrote: Fri Feb 12, 2021 2:33 am Run, don't walk, away.
+1000
by ScubaHogg
Sun Feb 07, 2021 6:08 am
Forum: Personal Consumer Issues
Topic: Hotel / AirBnB WiFi - Trust it?
Replies: 32
Views: 2009

Re: Hotel / AirBnB WiFi - Trust it?

HawkeyePierce wrote: Sat Feb 06, 2021 3:08 pm
ScubaHogg wrote: Sat Feb 06, 2021 3:03 pm I would think a VPN should take care of this problem for you. ExpressVPN and Private Internet Access are two popular ones. Combined with “HTTPS Everywhere” I wouldn’t worry about public wifis for one more second
A VPN adds literally no security in this scenario.
Would it hurt?
by ScubaHogg
Sat Feb 06, 2021 3:03 pm
Forum: Personal Consumer Issues
Topic: Hotel / AirBnB WiFi - Trust it?
Replies: 32
Views: 2009

Re: Hotel / AirBnB WiFi - Trust it?

I would think a VPN should take care of this problem for you. ExpressVPN and Private Internet Access are two popular ones. Combined with “HTTPS Everywhere” I wouldn’t worry about public wifis for one more second
by ScubaHogg
Sat Feb 06, 2021 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 8015

Re: How do you plan for retirement if all the sims are wrong?

Flexibility and Adaptability

Given your profile pic I’m gonna guess you’ve heard that particular phrasing before :sharebeer
by ScubaHogg
Thu Feb 04, 2021 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does paying off mortgage really reduce Sequence of Returns Risk?
Replies: 267
Views: 14613

Re: Does paying off mortgage really reduce Sequence of Returns Risk?

This is a good thread. It seems to me that insanely low interest rates might make it worthwhile for people to reconsider the conventional wisdom of mortgages in retirement. I would love to see you do this analysis again, but this time with a 30-year fixed Interest-only mortgage. I imagine it will ma...
by ScubaHogg
Fri Jan 29, 2021 9:58 am
Forum: Personal Investments
Topic: Good spot for trading basics?
Replies: 9
Views: 394

Re: Good spot for trading basics?

If you want to learn how options work you could always just buy a finance textbook and starting going through the problems chapter by chapter That would be the root of my question... I was not a finance major, but the term "finance textbook" seems very vague. Do you have a recommendation?...
by ScubaHogg
Fri Jan 29, 2021 9:42 am
Forum: Personal Investments
Topic: Good spot for trading basics?
Replies: 9
Views: 394

Re: Good spot for trading basics?

If you want to learn how options work you could always just buy a finance textbook and starting going through the problems chapter by chapter
by ScubaHogg
Mon Jan 25, 2021 8:44 am
Forum: US Chapters
Topic: Happy 97th Birthday, Taylor Larimore
Replies: 146
Views: 6387

Re: Happy 97th Birthday, Taylor Larimore

Happy birthday Taylor!
by ScubaHogg
Sat Jan 23, 2021 4:46 am
Forum: Personal Consumer Issues
Topic: Best State and National Parks in the Southeast
Replies: 54
Views: 3965

Re: Best State and National Parks in the Southeast

WS1 wrote: Fri Jan 22, 2021 10:07 pm Arkansas/Missouri border is interesting.

Buffalo River
+1.
by ScubaHogg
Fri Jan 22, 2021 4:20 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5083
Views: 1324371

Re: What Book Are You Currently Reading? Part VI

On Nisiprius's recommendation (I think), I read The Great Depression: A Diary . Definitely recommend. I had two main takeaways. 1) The author accurately saw a lot of opportunities in the low equity prices, but never had any cash to take advantage of those opportunities 2) Despite the wide-spread def...
by ScubaHogg
Mon Jan 18, 2021 8:11 pm
Forum: Personal Consumer Issues
Topic: Password manager
Replies: 94
Views: 8184

Re: Password manager

I'd recommend 1Password if you want the most spouse friendly one that is really easy to share vaults/passwords. And you don't mind paying for one. +1 +1. Only one I’ve used so I can’t compare, but we’ve had it for 7 years and it’s very very easy. Plus it’s the only way I can get my spouse to not us...
by ScubaHogg
Fri Jan 15, 2021 8:56 am
Forum: Investing - Theory, News & General
Topic: On what are you most bullish?
Replies: 266
Views: 18234

Re: On what are you most bullish?

burritoLover wrote: Thu Jan 14, 2021 11:51 pm Nothing - the next 10 years are probably going to be the worst period to invest in history.
Worse than Russia in the 1910s?

Worse than China in the 1940s?

Worse than the US in the 1930s?

Heck, I’d be surprised if it was even worse than the US in the 1970s
by ScubaHogg
Fri Jan 15, 2021 7:27 am
Forum: Investing - Theory, News & General
Topic: The Death of Equities
Replies: 40
Views: 3791

Re: The Death of Equities

These quotes immediately before the start of the biggest bull market in history are great Says Alan B. Coleman, dean of Southern Methodist University’s business school: “We have entered a new financial age. The old rules no longer apply.” Today, the old attitude of buying solid stocks as a cornersto...
by ScubaHogg
Thu Jan 14, 2021 4:05 pm
Forum: Investing - Theory, News & General
Topic: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios
Replies: 97
Views: 6359

Re: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios

SDS seems to me another argument for leveraging when young to spread your market “dollar-years” more evenly across your accumulating years SDS relates to asset class diversification, but you're referring to time diversification. I'm not sure if there is a good metric for that. Yes, I am referring t...
by ScubaHogg
Thu Jan 14, 2021 4:01 pm
Forum: Investing - Theory, News & General
Topic: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios
Replies: 97
Views: 6359

Re: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios

SDS seems to me another argument for leveraging when young to spread your market “dollar-years” more evenly across your accumulating years SDS relates to asset class diversification, but you're referring to time diversification. I'm not sure if there is a good metric for that. Yes, I am referring t...
by ScubaHogg
Thu Jan 14, 2021 10:07 am
Forum: Investing - Theory, News & General
Topic: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios
Replies: 97
Views: 6359

Re: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios

SDS seems to me another argument for leveraging when young to spread your market “dollar-years” more evenly across your accumulating years SDS relates to asset class diversification, but you're referring to time diversification. I'm not sure if there is a good metric for that. Yes, I am referring t...
by ScubaHogg
Wed Jan 13, 2021 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Only Mortgage
Replies: 16
Views: 1394

Re: Interest Only Mortgage

lucky_tech_guy wrote: Wed Jan 13, 2021 11:58 am Bank of America. I can send contact info if you want, he was great to deal with.
ScubaHogg wrote: Wed Jan 13, 2021 11:53 am
lucky_tech_guy wrote: Thu Jan 07, 2021 1:05 pm I already did.
Mind saying which bank?
Yes please. Thank you. Feel free to PM
by ScubaHogg
Wed Jan 13, 2021 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Interest Only Mortgage
Replies: 16
Views: 1394

Re: Interest Only Mortgage

lucky_tech_guy wrote: Thu Jan 07, 2021 1:05 pm I already did.
Mind saying which bank?
by ScubaHogg
Tue Jan 12, 2021 9:32 am
Forum: Investing - Theory, News & General
Topic: I'm Stuck: How to get out of Value Averaging and back to DCA!
Replies: 55
Views: 3583

Re: I'm Stuck: How to get out of Value Averaging and back to DCA!

It’s odd. I don’t VA but I’ve read the book multiple times. My takeaway was the main point of it was to get you to a certain $ number with the minimal amount of risk, NOT to maximize your average portfolio return. In that case being 70/30 and not 90/10 is a feature, not a bug. You seem to have been ...
by ScubaHogg
Sun Jan 10, 2021 11:39 am
Forum: Investing - Theory, News & General
Topic: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios
Replies: 97
Views: 6359

Re: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios

SDS seems to me another argument for leveraging when young to spread your market “dollar-years” more evenly across your accumulating years
by ScubaHogg
Sun Jan 03, 2021 8:43 am
Forum: Personal Consumer Issues
Topic: Building a custom house - how should I handle this issue with the builder?
Replies: 83
Views: 5343

Re: Building a custom house - how should I handle this issue with the builder?

I’m curious why so many people replying think the GC is “doing a good job”? What in the OPs post gives you that impression? If six months was an unrealistic timeframe (excepting Covid), why did he agree to it? Also, it doesn’t sound like the house is done. Is it close? From the OPs write ups it sou...
by ScubaHogg
Sat Jan 02, 2021 8:57 pm
Forum: Personal Consumer Issues
Topic: Building a custom house - how should I handle this issue with the builder?
Replies: 83
Views: 5343

Re: Building a custom house - how should I handle this issue with the builder?

I’m curious why so many people replying think the GC is “doing a good job”? What in the OPs post gives you that impression? If six months was an unrealistic timeframe (excepting Covid), why did he agree to it? Also, it doesn’t sound like the house is done. Is it close? From the OPs write ups it soun...
by ScubaHogg
Thu Dec 31, 2020 10:26 am
Forum: Personal Investments
Topic: How to get higher returns with secured loans
Replies: 52
Views: 2673

Re: How to get higher returns with secured loans

Abe, do you collect and manage escrow for your loans? If not, how do you ensure the owners keep insurance and stay current on property taxes? Thanks
by ScubaHogg
Thu Dec 31, 2020 10:19 am
Forum: Investing - Theory, News & General
Topic: To REIT or not to REIT
Replies: 14
Views: 1502

Re: To REIT or not to REIT

1. I hold the US market index, which already holds REITs in proportion to their market cap. Is this true? I thought if memory serves me correctly that REITS were underrepresented in public markets? IIRC Rick Ferri once said real estate makes up approx 13% of the economy but only like 3% of public i...
by ScubaHogg
Tue Dec 29, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: What is real inflation?
Replies: 74
Views: 4805

Re: What is real inflation?

There is a billion item project out of harvard that tracks the cost of a "billion" items. That's as real as it gets. Even that didn't show much inflation. https://www.bnnbloomberg.ca/in-the-lockdown-economy-old-measures-of-inflation-get-it-wrong-1.1439948 Virtually every broad measure of ...
by ScubaHogg
Tue Dec 29, 2020 5:26 am
Forum: Investing - Theory, News & General
Topic: What is real inflation?
Replies: 74
Views: 4805

Re: What is real inflation?

CPI notwithstanding, I think that a "real" inflation rate is a personal number, as this little sidebar illustrates. CPI can be useful for planning long-term, but the sectors of the economy that affect me and my budget the most in the short-term may or may not be the same as the ones that ...
by ScubaHogg
Thu Dec 24, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: password manager help
Replies: 8
Views: 443

Re: password manager help

Additionally, at least with 1Password, you can store other information or documents in a secure, but easily retrievable, location. For instance your drivers license number or passport number. I also keep scanned copies of those docs. Could come in handy if you are overseas and lose your passport. An...
by ScubaHogg
Thu Dec 24, 2020 7:41 am
Forum: Personal Consumer Issues
Topic: Skiing vs Snowboarding for a 12 year old
Replies: 64
Views: 3655

Re: Skiing vs Snowboarding for a 12 year old

Whichever they prefer (probably snowboarding). A 12 year old will learn either at remarkable speed.
by ScubaHogg
Thu Dec 24, 2020 7:36 am
Forum: Personal Consumer Issues
Topic: Best < $100 purchase?
Replies: 136
Views: 16589

Re: Best < $100 purchase?

LL Bean Wicked Good Moccasins Especially when we were living in the Puget Sound area, anytime I was indoors without my shoes on my feet were freezing, no matter what socks I put on. These things were a life saver. I wear them daily and I’m on my 3rd pair. I even have a pair just for hotel rooms whil...
by ScubaHogg
Thu Dec 24, 2020 7:30 am
Forum: Personal Consumer Issues
Topic: Best < $100 purchase?
Replies: 136
Views: 16589

Re: Best < $100 purchase?

A 20 Bitcoin pizza dinner when Bitcoin was first accepted at a local pizza place and exchanging fir $1 per Bitcoin. Bought Bitcoin in real-time because it was a flat fee without sales tax. 20 Bitcoin large pizza 2 toppings ( pepperoni and onion) and salads. Ouch That’s a $460,000 pizza at today’s p...
by ScubaHogg
Thu Dec 10, 2020 2:11 pm
Forum: Personal Consumer Issues
Topic: Where to Retire?
Replies: 262
Views: 23874

Re: Where to Retire?

Tenn and Texas are large places with lots of different “cultures”, or feels if you will. I wouldn’t write them off wholesale. Memphis, Knoxville and Nashville are all different places. As are Houston, Austin and Amarillo.
by ScubaHogg
Thu Dec 10, 2020 2:09 pm
Forum: Investing - Theory, News & General
Topic: Hyperinflation hedge
Replies: 85
Views: 6745

Re: Hyperinflation hedge

Hyperinflation will likely be coupled with economic and societal collapse in your country so I would not trust real estate, GLD, TIPs etc to hold their value. Why? We’ve seen very high inflation / hyper inflation in countries without a “societal collapse.” It was certainly painful to be in Weimar G...
by ScubaHogg
Thu Dec 10, 2020 2:06 pm
Forum: Investing - Theory, News & General
Topic: Hyperinflation hedge
Replies: 85
Views: 6745

Re: Hyperinflation hedge

Hyperinflation will likely be coupled with economic and societal collapse in your country so I would not trust real estate, GLD, TIPs etc to hold their value. Why? We’ve seen very high inflation / hyper inflation in countries without a “societal collapse.” It was certainly painful to be in Weimar G...
by ScubaHogg
Thu Dec 10, 2020 2:04 pm
Forum: Personal Investments
Topic: Hit our Number - Change Allocation?
Replies: 61
Views: 5165

Re: Hit our Number - Change Allocation?

You could take another angle. Figure out the minimum $ amount you want to protect come heck or high water and put that in a very conservative allocation. Then take the rest and put it in a more aggressive allocation.

Of course, this is the permanent portfolio / variable portfolio concept.