Search found 9947 matches

by stan1
Fri May 07, 2021 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 123
Views: 10464

Re: California Homebuying Insanity

Your dogmatic view of living in that state is more representative of a reason to not stay there than my polite suggestion to consider somewhere else. Haha, I've been to the other places, they aren't as nice but a few do come close. Boulder and Incline sure aren't cheap. This whole "I like the ...
by stan1
Fri May 07, 2021 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning: Handling of separate property in Community Prop State (CA)
Replies: 24
Views: 1446

Re: Estate planning: Handling of separate property in Community Prop State (CA)

Preliminary meeting with estate attorney completed. Discussed my separate property (i.e. my share of cabin, Vanguard Brokerage account). She confirmed that using a transmutation agreement would complete the transference of this property to be community property to satisfy code 1014(b)6(6). She just...
by stan1
Fri May 07, 2021 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Decision. Help appreciated.
Replies: 25
Views: 1792

Re: Housing Decision. Help appreciated.

Cliff notes: Here are the four most attractive options as I see it at this very moment. Dude, how about a house on some acreage with a new septic system and a mean neighbor? Seriously, are you ready to go at this again? :shock: Personally I would not want a 4 story townhouse (at any age). Even if I...
by stan1
Fri May 07, 2021 7:00 pm
Forum: Personal Consumer Issues
Topic: Walkers
Replies: 9
Views: 997

Re: Walkers

I thought this topic was going to be about my mom's Rollator. 5-10 miles per day is a lot of walking. Some will be fine, others will get some pain. First thing I'd do is change your shoes especially if the pain was not there when the shoes were newer or if pain started after buying new shoes. You mi...
by stan1
Fri May 07, 2021 6:53 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 69
Views: 2282

Re: Do you still read the print newspaper?

No. Most print is a death spiral. Content quality and quantity drops. People drop subscriptions. Content quality and quantity drops further. More people drop subscriptions (or die). We do subscribe on the internet to a few (local and national) that are optimized for online content. We don't have a p...
by stan1
Fri May 07, 2021 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 23
Views: 2237

Re: pricing our house?

In general, price lower than market. Buyers will bid up the price to whatever market will bear Let us know how it goes Exactly. Do not price it too high hoping the "right buyer" will come along. Price it very close to the comparable sales the realtors you interview provide you. You want t...
by stan1
Thu May 06, 2021 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 123
Views: 10464

Re: California Homebuying Insanity

The dollar values are a little higher, but it is pretty much the same everywhere for a well located, desirable home. Lowish interest rates, some high income people able to telework more so seeking out the best locations (even within California), people harvesting large stock market capital gains abl...
by stan1
Wed May 05, 2021 4:28 pm
Forum: Investing - Theory, News & General
Topic: Lawsuits and taxable accounts
Replies: 30
Views: 2400

Re: Lawsuits and taxable accounts

ChinchillaWhiplash wrote: Wed May 05, 2021 7:45 am Not currently involved in a lawsuit.
Consider an umbrella policy or other insurance as appropriate.
by stan1
Wed May 05, 2021 12:25 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet selection
Replies: 39
Views: 2087

Re: Kitchen faucet selection

We have a Waterstone Hunley Suite in Chrome. Very happy with it after 5 years. No signs of degradation in the finish or malfunction.
by stan1
Tue May 04, 2021 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1754

Re: Good time to buy a new house?

I need to move to this neighborhood eventually. Thought of holding onto one property there now. Why? Maybe your family lives nearby but what if future wife lives in a different neighborhood and she wants to live near her parents? Or is this a neighborhood where a lot of people with your cultural ba...
by stan1
Tue May 04, 2021 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1754

Re: Good time to buy a new house?

I need to move to this neighborhood eventually. Thought of holding onto one property there now. Why? Maybe your family lives nearby but what if future wife lives in a different neighborhood and she wants to live near her parents? Or is this a neighborhood where a lot of people with your cultural ba...
by stan1
Tue May 04, 2021 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a townhouse in Nova
Replies: 24
Views: 2690

Re: Buying a townhouse in Nova

How would you get the down payment? From the $150K in taxable? Yes, I think you can do it ... but ... make sure you are buying location if possible. 1) Commute time for you and your spouse? 2) Public school districts acceptable to you for daughter? 3) Some townhouses "feel" like you are li...
by stan1
Tue May 04, 2021 8:24 pm
Forum: Personal Consumer Issues
Topic: Ca Expats- do you love your new home?
Replies: 76
Views: 7778

Re: Ca Expats- do you love your new home?

But Highland Park in Dallas isnt cheap either. Nor is Scottsdale, AZ these days for a comparable home, downsizing is a separate decision. Less than coastal CA, yes, but not going to let you harvest your real estate home equity gains from CA and live the rest of your life off them in AZ. There are c...
by stan1
Mon May 03, 2021 9:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs are less tax efficient than others
Replies: 32
Views: 3752

Re: Vanguard ETFs are less tax efficient than others

Yes Vanguard is less tax efficient than Blackrock on some products (IXUS vs VXUS for instance). See https://www.bogleheads.org/forum/viewtopic.php?t=206546 triceratop releases an annual comparison: https://docs.google.com/spreadsheets/d/19LQeE1RL3jstbgcIp1avZpez-WMNCetuufdqpKTB_tQ/edit#gid=0 This d...
by stan1
Mon May 03, 2021 9:36 pm
Forum: Personal Investments
Topic: Avoiding capital gains tax on reinvestments
Replies: 12
Views: 890

Re: Avoiding capital gains tax on reinvestments

I have most of my investment in the Vanguard Growth Index Fund. I have it set so that any returns are automatically reinvested into that fund. I would like for the returns to instead be reinvested into a different vanguard fund. However, I was told by a Vanguard representative that there is no way ...
by stan1
Sun May 02, 2021 12:17 pm
Forum: Personal Consumer Issues
Topic: Where would you live in Phoenix if you could WFH
Replies: 126
Views: 8612

Re: Where would you live in Phoenix if you could WFH

We just spend a few days in Scottsdale and metro Phoenix thinking about early years of retirement. For us, with two people we'd want a single story under 2000 square foot residence with a small yard. Not interested in anything larger for two people. We've lived in houses for the last 30 years that b...
by stan1
Sun May 02, 2021 11:09 am
Forum: Personal Investments
Topic: Most direct method for protecting home value
Replies: 13
Views: 1045

Re: Most direct method for protecting home value

Don't over buy or sacrifice diversification. For example if you are 50 you are not diversified if you have a $2M paid off home and $1M in retirement accounts invested in equities/bonds.
by stan1
Sun May 02, 2021 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Saving for large annual expense
Replies: 5
Views: 427

Re: Saving for large annual expense

To me this is managing cash flow not investing. I'd probably use a "high yield savings account" at an FDIC insured institution. If our checking account balance gets too large we move money to a high yield savings account. If checking account balance is low we move money from high yield sav...
by stan1
Sun May 02, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: How to handle when IRS wrongly adjusts 1040
Replies: 14
Views: 1692

Re: How to handle when IRS wrongly adjusts 1040

Your issue most likely is between you and TurboTax, not you and the IRS. You are mostly right, but because the IRS has already processed the return, the taxpayer now has an issue with them as well if he's correct. If there is an error his solution is to figure out what is wrong, then file an amende...
by stan1
Sun May 02, 2021 9:15 am
Forum: Personal Finance (Not Investing)
Topic: How to handle when IRS wrongly adjusts 1040
Replies: 14
Views: 1692

Re: How to handle when IRS wrongly adjusts 1040

I used form 8936 with my return for the EV I'd make a copy of your TT file, open it again in TT, and run through the INTERVIEW questions in TT again. See if TT produces EXACTLY the same Form 8936. There were a lot of late tax code changes this year, it is possible TT updated their software after yo...
by stan1
Sun May 02, 2021 9:05 am
Forum: Personal Consumer Issues
Topic: USA Passport Question
Replies: 20
Views: 1628

Re: USA Passport Question

Cruise wrote: Sun May 02, 2021 8:46 am When one applies, reapplies for Global Entry, one needs to list countries visited in previous years. An old passport can help your memory.
Or a federal background investigation.
by stan1
Sun May 02, 2021 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiary as Trustee
Replies: 34
Views: 1879

Re: Beneficiary as Trustee

In several recent threads discussing trusts, quite a number of posters have advised having a beneficiary act as trustee. I believe this blanket advice needs to be re-considered. It probably needs to be situational. Leaving $500K to a child may be quite a different situation than leaving $3M to a ch...
by stan1
Sat May 01, 2021 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning: Choosing guardians - friend or family member?
Replies: 13
Views: 943

Re: Estate planning: Choosing guardians - friend or family member?

You didn't mention any of the parents (grandparents of your kids). I would not exclude them solely because of age.
by stan1
Sat May 01, 2021 4:07 pm
Forum: Personal Consumer Issues
Topic: Property Tax Protest: DYI vs. Company
Replies: 11
Views: 1008

Re: Property Tax Protest: DYI vs. Company

It is a different process in every jurisdiction. Read your tax assessor's website and see if the process is simple to follow. When I did it many years ago during a downturn I just sent a simple letter to the county assessor's office stating I wanted it to be re-assessed. They did so automatically, a...
by stan1
Tue Apr 27, 2021 9:32 am
Forum: Personal Investments
Topic: investment property in Groveland CA
Replies: 4
Views: 605

Re: investment property in Groveland CA

Make sure you look at the fire insurance cost and availability (or lack thereof) for the specific property and neighborhood you are looking at. It is becoming a serious issue in mountain and foothill areas, and may be why some people are selling properties.
by stan1
Tue Apr 27, 2021 9:02 am
Forum: Personal Consumer Issues
Topic: Sleep Headphones?
Replies: 23
Views: 1301

Re: Sleep Headphones?

FeesR-BullNotBullish wrote: Tue Apr 27, 2021 8:55 am I listen to free audio books on Librivox. I've found many books that strike a balance of being interesting enough to take my mind off things and boring enough to doze.
Moby Dick narrated by Stewart Wills.
by stan1
Mon Apr 26, 2021 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 146
Views: 12742

Re: Buying a Home in SoCal

cowbman wrote: Mon Apr 26, 2021 2:50 pm Thanks, but I'm very sure I'm not buying a home anytime soon.
Good decision! Congrats on taking some steps to get your life back in order.
by stan1
Sun Apr 25, 2021 9:11 pm
Forum: Personal Investments
Topic: Can we retire soon?
Replies: 14
Views: 2832

Re: Can we retire soon?

Seems like wife who doesn't like job can stop working when she wants, you might want to keep working because you are fine with it and that should hopefully get everyone health insurance coverage.
by stan1
Sun Apr 25, 2021 9:04 pm
Forum: Personal Consumer Issues
Topic: Should I pursue a PhD in my chosen field?
Replies: 58
Views: 3462

Re: Should I pursue a PhD in my chosen field?

I think some are already assuming a "traditional" Ph. D. where you would go to a university for 4-5 years full time. If that's not the situation you probably should explain a little more (and be prepared for some feedback if it is an "online" program :)
by stan1
Sun Apr 25, 2021 9:01 pm
Forum: Personal Consumer Issues
Topic: Should I pursue a PhD in my chosen field?
Replies: 58
Views: 3462

Re: Should I pursue a PhD in my chosen field?

What are the time commitments and structure of the program? Would you do this while fully employed? Would your employer also give you paid time to work on the degree or would all work be done after your regular "40 hours'? Is the program at a local university, or is it a hybrid in-residence/rem...
by stan1
Sun Apr 25, 2021 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Selling townhouse - to stage or not?
Replies: 51
Views: 3991

Re: Selling townhouse - to stage or not?

Normchad wrote: Sun Apr 25, 2021 7:17 pm ..... you want the people that will pay an extra $10K if they see crown molding.
Only $10K? Try $50K over asking because buyer liked the crown moulding and was tired of shopping for a new home (September 2015 on a $1M tract house)
by stan1
Sun Apr 25, 2021 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth vs Traditional Contributions
Replies: 6
Views: 719

Re: Roth vs Traditional Contributions

Given what you describe I'd probably go back to Traditional contributions and plan to do Roth conversions when you retire in 6 years (assuming your income will be much lower at that point). I don't think it was "wrong" to do some Roth contributions over the past five years. There's a case ...
by stan1
Sun Apr 25, 2021 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Condo Fee Insurance - Against *Any* "Event"
Replies: 3
Views: 507

Re: Condo Fee Insurance - Against *Any* "Event"

Your best insurance would be to join the HOA board so you'd have a say in the decisions they make. That way if there was any "chronic mis-management" you'd know about it and be able to take action to correct it.
by stan1
Sun Apr 25, 2021 2:07 pm
Forum: Investing - Theory, News & General
Topic: The comfort of "good enough"
Replies: 89
Views: 10645

Re: The comfort of "good enough"

rockAction wrote: Sun Apr 25, 2021 10:14 am 33X
That's the key to "good enough".

Able to take risk? Yes.
Need to take risk? No.
Willing to take risk? Sounds like your answer is "not so much"

Congrats!
by stan1
Sun Apr 25, 2021 1:46 pm
Forum: Personal Consumer Issues
Topic: Cities/towns to live in with low cost of living and no car?
Replies: 39
Views: 3932

Re: Cities/towns to live in with low cost of living and no car?

College towns like Fort Collins and Provo if you are interested in Mountain time zone. They aren't "small towns" and are big enough to have good transit including a BRT line and door to door resources. When you cannot or do not want to walk there's a labor force of college students availab...
by stan1
Sun Apr 25, 2021 12:00 pm
Forum: Investing - Theory, News & General
Topic: I don’t understand why tax loss harvesting is that beneficial
Replies: 118
Views: 8969

Re: I don’t understand why tax loss harvesting is that beneficial

I think the one of the main benefits of tax loss harvesting is psychological and behavioral. It's something actionable you can focus on during a market drop that adds a small amount of value and helps stay the course. Those who focused on tax loss harvesting in March 2020 while maintaining asset all...
by stan1
Sun Apr 25, 2021 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Options to avoid/limit capital gains on home with substantial appreciation?
Replies: 11
Views: 1053

Re: Options to avoid/limit capital gains on home with substantial appreciation?

Our home has appreciated well beyond the capital gains exclusion. We may sell in the next few years, but the capital gains tax would be substantial, to the point where it doesn't really make sense to sell the home. In essence, we are sort of "stuck" in the house. You would use the gains a...
by stan1
Sun Apr 25, 2021 11:51 am
Forum: Personal Consumer Issues
Topic: Looking for best "value" in Patio Furniture
Replies: 45
Views: 3892

Re: Looking for best "value" in Patio Furniture

Our outdoor furniture is under a covered patio. First it is more enjoyable to use that way most of the year where we live. We do occasionally move a few pieces out into the direct sun then move them back under the cover where they are protected from the elements. Is that an option?
by stan1
Sun Apr 25, 2021 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Career options for a burnt out CPA
Replies: 62
Views: 5518

Re: Career options for a burnt out CPA

Find an in house job at a well run company?
Surely there are many such positions with your qualifications and you can take it as far as you want.
by stan1
Sun Apr 25, 2021 11:42 am
Forum: Personal Investments
Topic: Did Anyone Think They HAD saved enough for retirement but wished they had saved more?
Replies: 39
Views: 7535

Re: Did Anyone Think They HAD saved enough for retirement but wished they had saved more?

Millions of retirees get by choosing to spend less than they might want. Most don't spend more than $20K on a cruise to Europe with business class airfare but you might like doing that or something like it. If you had to I expect you could spend less than $120K/year and much closer to what your pens...
by stan1
Sun Apr 25, 2021 11:31 am
Forum: Personal Investments
Topic: Are we missing any tax advantaged accounts?
Replies: 9
Views: 1075

Re: Are we missing any tax advantaged accounts?

Investing in taxable accounts is fine. Tax laws may change with time (as they have over the last 50 years) but right now there are a lot of tax advantages like qualified dividends, lower capital gains rates, ETF creation/redemption capital gains deferral, donation to charity, and stepped up cost bas...
by stan1
Sat Apr 24, 2021 8:14 pm
Forum: Personal Consumer Issues
Topic: Low sodium restaurant foods
Replies: 66
Views: 4272

Re: Low sodium restaurant foods

hicabob wrote: Sat Apr 24, 2021 6:11 pm
stan1 wrote: Sat Apr 24, 2021 6:00 pm OP said he is eating at Denny's and likes their salmon, so he might not be a farm to table guy.
Denny's does a solid breakfast!
Def not low salt or low fat, but yes I agree some greasy eggs, bacon, and hash browns about once a year is a simple pleasure.
by stan1
Sat Apr 24, 2021 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative to Boa/Merrill edge
Replies: 17
Views: 1859

Re: Alternative to Boa/Merrill edge

You might want to consider opening a credit card at another issuer and not having all your accounts at one place if you are otherwise happy with Merrill Edge. Yes, I've had more nuisance denials at B of A than all other issuers combined (including one for $50 at a Lowes 15 miles from my house). I ha...
by stan1
Sat Apr 24, 2021 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice in delicate situation
Replies: 16
Views: 1694

Re: Seeking advice in delicate situation

Good evening all. My sister-in-law and family is not well off, and not great with money issues. They live in a small house that they can't keep up with. We've plugged in almost 10,000 over the past couple of years to help house repairs/ vet bills, etc. Now my sister-in-law texted my daughter (who t...
by stan1
Sat Apr 24, 2021 6:00 pm
Forum: Personal Consumer Issues
Topic: Low sodium restaurant foods
Replies: 66
Views: 4272

Re: Low sodium restaurant foods

When we go out, we usually go to a “farm to table” kind of place. They make many dishes fresh, as the menu changes daily. They also tend to get a health conscious clientele that would send back a salty dish. I don’t disagree that restaurant food is often less than healthy. OP said he is eating at D...
by stan1
Sat Apr 24, 2021 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Moving service tips?
Replies: 20
Views: 1463

Re: Moving service tips?

We've done similar under 10 mile moves twice in the last 20 years although not with an infant. Both times we packed and moved small, valuable, and fragile items ourselves. Our experience has been that most daily use glasses and dishes do not need a lot of special packing if you are very careful with...
by stan1
Sat Apr 24, 2021 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7638

Re: Townhome sale not going as expected, advice please

Lowering the price will probably get you more views. But ultimately, you need to find someone that doesn't care about the road noise. Lowering the price will encourage someone to overlook the road noise. Also might attract an investor or someone who thinks putting in new windows will mostly solve t...
by stan1
Sat Apr 24, 2021 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7638

Re: Townhome sale not going as expected, advice please

One unit did sell 2 weeks before we listed significantly under the price we’re listing at, but it never hit the market and seemed to be a private sale. This may be as much a factor as the road noise. Buyers will be using that sale as a benchmark comp sale for the entire complex for a few months unt...
by stan1
Sat Apr 24, 2021 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7638

Re: Townhome sale not going as expected, advice please

Lower the price after 4 weeks.

Personally I would lower the price enough to generate interest, get multiple offers, and get them to bid the price back up to what one of the buyers is willing to pay.
by stan1
Sat Apr 24, 2021 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Selling home to "Home Partners of America" ???
Replies: 18
Views: 1903

Re: Selling home to "Home Partners of America" ???

When you get multiple written offers you go out to ALL the offerors plus those who visited at the open house and say: There are multiple offers, submit your best and final offer by 6 PM two days hence. Verbal offers mean nothing. That's what the realtor you didn't want to pay for would have done for...