Search found 10141 matches

by stan1
Mon Jun 21, 2021 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Hire Housekeepers / Gardeners / Contractors?
Replies: 10
Views: 541

Re: How Do You Hire Housekeepers / Gardeners / Contractors?

FIREGuy88 wrote: Mon Jun 21, 2021 6:17 pm
jebmke wrote: Mon Jun 21, 2021 5:16 pm Recommendations from others in area and some in similar business.
Do you 1099 them?
Have you read the IRS pub on household employers?
https://www.irs.gov/publications/p926
by stan1
Mon Jun 21, 2021 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Master bath remodel - tub or no tub?
Replies: 19
Views: 1002

Re: Master bath remodel - tub or no tub?

Slightly larger shower with elbow room and maybe two heads if primary users are different heights seems fine, but I'd still want it to be enclosed with a glass door and steam up to stay warm. The over the top trend of rooms with the tub inside the shower and a mechanical steam generator seem exorbit...
by stan1
Mon Jun 21, 2021 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Master bath remodel - tub or no tub?
Replies: 19
Views: 1002

Re: Master bath remodel - tub or no tub?

It may be local, in my inner suburb market a large walk in shower in the master bath is "acceptable" for resale per the realtors I have talked to if there is a tub down the hall in the guest/kids bathroom. These are not estate homes (1700 square foot, 3 br/2ba). The other consideration is ...
by stan1
Mon Jun 21, 2021 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at Retirement Area Indianapolis->Cincinnati->Lexington->Knoxville-> Ashville->Outerbanks
Replies: 60
Views: 3175

Re: Looking at Retirement Area Indianapolis->Cincinnati->Lexington->Knoxville-> Ashville->Outerbanks

I live in Indianapolis area. Winters are not exactly mild but compared to upper midwest may be tolerable. If interested in this area, I would recommend the community of Carmel. It’s an upscale north suburb of Indy. We were more thinking of southern Indiana like Nashville or Bloomington. Again not s...
by stan1
Sun Jun 20, 2021 9:33 pm
Forum: Investing - Theory, News & General
Topic: Impending Alzheimer’s: what would be your investment for life?
Replies: 50
Views: 4697

Re: Impending Alzheimer’s: what would be your investment for life?

For someone with $100K/year in SS/pension income and $2M in assets a comfortable even near luxury CCRC is in reach if one wanted to do that. It doesn't take all the potential challenges away but it does create a support system (albeit one that comes at a cost).
by stan1
Sun Jun 20, 2021 8:04 pm
Forum: Investing - Theory, News & General
Topic: Impending Alzheimer’s: what would be your investment for life?
Replies: 50
Views: 4697

Re: Impending Alzheimer’s: what would be your investment for life?

With $100K in SS and pensions plus interest/dividends and RMDs I expect a lot of end of life expenses for you and your wife will be covered from income sources. Do you have a child, younger sibling, nephew, or niece who could assist with taxes and some finances? Maybe this person also might already ...
by stan1
Sun Jun 20, 2021 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the house
Replies: 2
Views: 603

Re: Paying off the house

I'd start by making the equivalent of 1 or 2 extra mortgage payments per year and invest the rest in taxable accounts. When faced with paying off the mortgage or investing in taxable I almost always suggest people do some of both. However, you should let us know what the mortgage rate is and how man...
by stan1
Sat Jun 19, 2021 9:05 pm
Forum: Personal Consumer Issues
Topic: More comfortable eyeglass nose pads?
Replies: 12
Views: 781

Re: More comfortable eyeglass nose pads?

The last three pairs of glasses I've had did not have pads. More comfortable for me than any type of pad ever was. It surprised me, but that's what works with my big nose.
by stan1
Sat Jun 19, 2021 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home in San Francisco
Replies: 28
Views: 3427

Re: Buying a home in San Francisco

How much, if any, is mom contributing to down payment?

Around $1.5M (plus or minus). How far off is that from what a duplex like you want to buy would cost ?
by stan1
Sat Jun 19, 2021 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bonvoy Card- Do I need to "link" it with my Marriott account?
Replies: 3
Views: 284

Re: Chase Bonvoy Card- Do I need to "link" it with my Marriott account?

Did you enter your Bonvoy number when you applied for the Chase card? If so, it "should" be linked. Otherwise go to account settings to verify or update the Marriott acct number. And when you stay at a hotel make the reservation with your Marriott Bonvoy membership number in the record. T...
by stan1
Sat Jun 19, 2021 2:23 pm
Forum: Investing - Theory, News & General
Topic: How much Small Cap is the Total Stock Market fund?
Replies: 18
Views: 1668

Re: How much Small Cap is the Total Stock Market fund?

If one wants to tilt it is easier to tilt away from Total Stock Market than to continually try to recalculate or even identify a preferred methodology for small caps. Every index, academic study, and publication uses a different definition. So for example once can have an allocation that is 75% Tota...
by stan1
Sat Jun 19, 2021 1:38 pm
Forum: US Chapters
Topic: Juneteenth
Replies: 22
Views: 2285

Re: Juneteenth

Donations are I'm sure appreciated by any organization that takes them, but here's an idea.

Talk to a Black co-worker, neighbor, barber, or Uber driver and ask about their experience. Listen. Think.

(surely talking to someone is not political)
by stan1
Sat Jun 19, 2021 1:24 pm
Forum: Personal Consumer Issues
Topic: How to escalate Amazon customer service
Replies: 12
Views: 1014

Re: How to escalate Amazon customer service

I need Amazon to tell me and card issuer which transactions are fraudulent. Sorry, but it is your responsibility to notify Chase. Read your card agreement. You have a business relationship with Chase not Amazon. Keep working on your spreadsheet. You'll get it figured out. No one is looking out for ...
by stan1
Sat Jun 19, 2021 1:19 pm
Forum: Personal Investments
Topic: How do you TLH(tax loss harvest) in reality?
Replies: 24
Views: 1648

Re: How do you TLH(tax loss harvest) in reality?

The last time I purchased VTI is in mid-may at $212 per share (my highest per share lot). The last time I purchased SCHB is beginning of June. When market is down yesterday for example, I couldn’t sell SCHB shares that I purchased at $103 for a loss because it will result in wash sale. VTI is also ...
by stan1
Sat Jun 19, 2021 10:43 am
Forum: Personal Consumer Issues
Topic: (Updated - hidden expenses) Budgets and treatment of cash back
Replies: 20
Views: 1642

Re: Budgets and treatment of cash back

The 5% offer could end so I definitely wouldn't plan around it. I'd just think of it as a little bonus, and unless you are really spending a lot at Amazon I just wouldn't worry about it. You'd have to spend $20,000 to get $1,000 back. If I was spending $2000/year at Amazon getting $100 back would ju...
by stan1
Sat Jun 19, 2021 9:18 am
Forum: Personal Consumer Issues
Topic: Best reasonable price eye glass store
Replies: 25
Views: 1864

Re: Best reasonable price eye glass store

Anyone have experience with progressives from Warby Parker? I realize they will end up around $350-400. I have a storefront less than a mile away (walking distance) and I did have a pair of glasses from them before I had to switch to progressives that I liked. Also got a lot of compliments about the...
by stan1
Sat Jun 19, 2021 9:13 am
Forum: Personal Consumer Issues
Topic: Charlotte Area vs Dallas Area (C vs D)
Replies: 60
Views: 4499

Re: Charlotte Area vs Dallas Area (C vs D)

I know that Charlotte seems better in climate - not too hot not too cold and all 4 seasons while Dallas has vibrant community of people (especially for immigrants). Also, Charlotte has more 'nature' than Dallas, in the sense you can go for a day trip to mountains and woods and also to beach which I...
by stan1
Fri Jun 18, 2021 1:24 pm
Forum: Personal Consumer Issues
Topic: Produce Subscriptions?
Replies: 3
Views: 313

Re: Produce Subscriptions?

You might also look for a local community supported agriculture outlet:
https://www.localharvest.org

Whether it works for you or not will depend on your location and preferences.
by stan1
Fri Jun 18, 2021 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Are there federal taxes paid by individuals other than form 1040 line "total tax"?
Replies: 77
Views: 7390

Re: Why do many people owe the IRS taxes?

Small business owners who don't pay enough estimated taxes (and who don't properly withhold FICA/Medicare).

People who have cash income and don't have withholding.
by stan1
Fri Jun 18, 2021 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Can I get a mortgage based on my investments instead of salary?
Replies: 27
Views: 3386

Re: Can I get a mortgage based on my investments instead of salary?

Yes, shop around to find a lender who will work with you on an asset based mortgage. First lender you talk to may not want to do it, but you will some who will. A mortgage broker might help. Mortgage brokers get paid on commission so they are motivated to find you a loan that meets your needs and th...
by stan1
Thu Jun 17, 2021 12:47 pm
Forum: Personal Consumer Issues
Topic: World Cruise Recommendations
Replies: 38
Views: 2204

Re: World Cruise Recommendations

What is the longest cruise you have been on before? I'd recommend a 30 day cruise before committing to a world cruise. Being on a ship for a month let alone 90-110 days is not the same as 7-14 days.
by stan1
Wed Jun 16, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: Has work from home fueled this stock market rally?
Replies: 25
Views: 3127

Re: Has work from home fueled this stock market rally?

Counterpoint: a relatively low paid co-worker had four kids at home under age of 15, including an infant. Even with husband at home, also relatively low paid, she was not able to keep up with tasking. Hired someone for a few hours to fix lunch for kids. Still got laid off. Felt bad, but didn't have ...
by stan1
Wed Jun 16, 2021 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 19
Views: 1248

Re: Tax deduction for HOA Special Assessment ?

The special assessment may be eligible to add in to your cost basis on the property which could come into play if you exceed the capital gains exclusion amount for your primary residence. This is the question I have. I can add the special assessment to the cost basis ??? On a house, maintenance can...
by stan1
Wed Jun 16, 2021 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 19
Views: 1248

Re: Tax deduction for HOA Special Assessment ?

One can also volunteer to serve on the HOA board of directors if you want more visibility into the decisions being made.
by stan1
Wed Jun 16, 2021 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 19
Views: 1248

Re: Tax deduction for HOA Special Assessment ?

Mardoc01 wrote: Wed Jun 16, 2021 12:15 pm Bummer. They just stick it to us.
Not really, it means you or the previous owner benefited from lower monthly HOA assessments in the past.
by stan1
Wed Jun 16, 2021 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 19
Views: 1248

Re: Tax deduction for HOA Special Assessment ?

Nice try, but no.

If you were a landlord renting it out that's a different matter.
by stan1
Tue Jun 15, 2021 4:01 pm
Forum: Personal Consumer Issues
Topic: The Future of Cars in Suburbia?
Replies: 74
Views: 5190

Re: The Future of Cars in Suburbia?

I'd build a 2 car garage with solar panels on the roof.

Even if I didn't have 2 cars in 30 years there would be things I want to keep in a garage, and a garage would be much more convenient than a basement for many items.
by stan1
Tue Jun 15, 2021 3:53 pm
Forum: Personal Investments
Topic: Schwab vs Vanguard
Replies: 22
Views: 2152

Re: Schwab vs Vanguard

You could: 1) Move all to Fidelity where you can buy fractional shares of an ETF 2) Move all to M1 Finance where you can auto invest with fractional shares into your ETF pie 3) Move all to Vanguard, set up automatic investments into mutual funds pulled from your bank account, and log in infrequentl...
by stan1
Tue Jun 15, 2021 3:35 pm
Forum: Personal Investments
Topic: Schwab vs Vanguard
Replies: 22
Views: 2152

Re: Schwab vs Vanguard

You could: 1) Move all to Fidelity where you can buy fractional shares of an ETF 2) Move all to M1 Finance where you can auto invest with fractional shares into your ETF pie 3) Move all to Vanguard, set up automatic investments into mutual funds pulled from your bank account, and log in infrequently...
by stan1
Tue Jun 15, 2021 10:48 am
Forum: Personal Consumer Issues
Topic: Windows 11
Replies: 50
Views: 4239

Re: Windows 11

I accept every upgrade Microsoft and Apple present to me after about a week. Many people download them in the first day so by a week they'll know if there are any problems and will be fixed or pulled. I haven't had an issue in many years. I upgrade hardware about every 4-5 years at mid-grade level. ...
by stan1
Mon Jun 14, 2021 5:47 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 272
Views: 16468

Re: I'll never regret not having international funds in my portfolio

I've been in my Equity 9ths portfolio since 2008: 4/9 US Total Stock Market 2/9 US SCV 2/9 ex US Total Stock Market 1/9 ex US small (now ex US small value) Still reflects diversification along with a pragmatic view that US govt has and will continue to go to some pretty extreme lengths to support US...
by stan1
Sun Jun 13, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 121
Views: 13730

Re: pricing our house?

but we're thinking 1.1 will get us under market. What's bizarre is that our market feels stuck, no inventory, no offers and no price reductions to date. If someone wants to move into our community at our price point, our house is the pretty much the only game in town... I think your instincts are b...
by stan1
Sun Jun 13, 2021 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I look for a new job or call it done?
Replies: 56
Views: 7235

Re: Should I look for a new job or call it done?

There's a wide swath of choices between staying in a job you don't like and never working again.

Sounds like you don't necessarily need to work financially if you've estimated your expenses correctly, but maybe there are parts of working you enjoy and a different job would be a good choice for you?
by stan1
Sun Jun 13, 2021 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1751

Re: Two-steps moving from one house to another? How to finance?

Some ideas to create liquidity: - HELOC on first house - asset based mortgage on new house Thank you, after taking a brief look, those two avenues do seem like a possible match for our situation. - sell investments in a taxable account and re-buy when first house is sold - 401K loan(s) (may not app...
by stan1
Sun Jun 13, 2021 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1751

Re: Two-steps moving from one house to another? How to finance?

Padlin wrote: Sun Jun 13, 2021 7:46 am I'm in the same situation, retired, no income. Tried to get a home equity loan, bank turned us down due to lack of income
Try different lenders, including a mortgage broker.
by stan1
Sat Jun 12, 2021 5:39 pm
Forum: Personal Consumer Issues
Topic: Remodel, rebuild to downsize, or just "flip" and move?
Replies: 12
Views: 1148

Re: Remodel, rebuild to downsize, or just "flip" and move?

#3 or #4 (sell it without doing updates, only repairs)
by stan1
Sat Jun 12, 2021 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1751

Re: Two-steps moving from one house to another? How to finance?

Some ideas to create liquidity:
- HELOC on first house
- asset based mortgage on new house
- sell investments in a taxable account and re-buy when first house is sold
- 401K loan(s) (may not apply if you are not working)
by stan1
Sat Jun 12, 2021 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9704

Re: Real estate agent reluctant to show offers to the seller prior to decision

In most if not all states, Realtors are required to present ALL offers. The realtor works for you. If you request ALL offers the realtor is obligated to present same. Period Could very well be a difference in how a verbal offer is handled compared to a written offer. Written offers, yes. Someone ca...
by stan1
Sat Jun 12, 2021 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Ethical to Work with Two Realtors?
Replies: 31
Views: 3634

Re: Ethical to Work with Two Realtors?

1) A high dollar area where there are mostly off market "Pocket Listings". Working with agents from different top brokerages can open up access to more properties. (These would be multi million dollar properties.) I'd change that to "exceptionally high demand areas" where houses...
by stan1
Fri Jun 11, 2021 8:50 pm
Forum: Investing - Theory, News & General
Topic: date set for Vanguard retiring its legacy brokerage platform
Replies: 24
Views: 4399

Re: date set for Vanguard retiring its legacy brokerage platform

I wonder if they will let you add a new fund in the legacy account (after 11 July) or if that new fund would have to be added in the brokerage account? I'm assuming they will let you add money to the funds in the legacy account but if they wanted to play hardball they could prohibit that and force n...
by stan1
Fri Jun 11, 2021 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ethical to Work with Two Realtors?
Replies: 31
Views: 3634

Re: Ethical to Work with Two Realtors?

Sometimes one realtor is a "neighborhood expert" who does a high percentage of the buy/sell volume in a specific neighborhood, subdivision, complex or building. Possible this would get you access to a unit before it came on the market publicly if you are willing to come in hot with a good ...
by stan1
Fri Jun 11, 2021 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9704

Re: Real estate agent reluctant to show offers to the seller prior to decision

nss20 wrote: Thu Jun 10, 2021 4:25 pm
We are baffled by the reluctance. I am looking for insights that anybody can provide.
OP, it's been 24 hours, did you get the details you wanted?
by stan1
Fri Jun 11, 2021 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: More Expensive House in Retirement?
Replies: 24
Views: 3344

Re: More Expensive House in Retirement?

What percentage of your assets would be in the new home? Some might get a mortgage, others would not.

If the new home is less than a quarter (25%) of assets let's say just buy it and enjoy your retirement. If it's much greater than 25% there's some more detailed decision making at hand I think.
by stan1
Thu Jun 10, 2021 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9704

Re: Real estate agent reluctant to show offers to the seller prior to decision

I was astonished to learn after the fact that offers to buy a family house included letters from the people making the offers. In the midst of the negotiations, these letters might have been helpful to me in evaluating the offers and negotiating. But my agent never mentioned these letters in which ...
by stan1
Thu Jun 10, 2021 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9704

Re: Real estate agent reluctant to show offers to the seller prior to decision

Normchad wrote: Thu Jun 10, 2021 8:59 pm Or maybe a fear that the seller would try to cut a side deal directly with one of the buyers.
Contract between seller and their agent would address this. If agent brings a buyer and seller negotiates a side deal with buyer within a certain amount of time commission to agent is still owed.
by stan1
Thu Jun 10, 2021 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9704

Re: Real estate agent reluctant to show offers to the seller prior to decision

In some states realtors are going to redact personal information about the buyer (such as surname, gender(s), marriage status) to ensure compliance with federal and state fair housing laws and other statutes. There are laws, there are brokerage policies, and there are realtor preferences (often guid...
by stan1
Thu Jun 10, 2021 9:21 am
Forum: Personal Consumer Issues
Topic: Allstate Dwelling Protection - Grossly Underestimated
Replies: 11
Views: 1304

Re: Allstate Dwelling Protection - Grossly Underestimated

Our insurer offers an optional rider for a 25% or 50% supplemental increase in coverage over the amount calculated by their model. They have a separate rider for building code upgrades. We decided to go with the building code and 25%, although in our case the 50% rider was only about $100 per year m...
by stan1
Wed Jun 09, 2021 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding what to bid on a second home in an insanely hot market
Replies: 38
Views: 4686

Re: Deciding what to bid on a second home in an insanely hot market

Follow-up: We had our offer accepted today. Listing price was $415K. We included an escalation clause up to $462K in our offer, because we really wanted the property (insane, I know. I just lost all street cred with true Bogleheads.) Our offer was accepted at $437K, all cash. There were SEVERAL off...
by stan1
Wed Jun 09, 2021 2:41 pm
Forum: Personal Consumer Issues
Topic: new computer? Apple desktop?
Replies: 57
Views: 4128

Re: new computer? Apple desktop?

About once every four years for me. YMMV.
by stan1
Wed Jun 09, 2021 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Home seller (at-least initially) declined only offer at list price
Replies: 97
Views: 10477

Re: Home seller (at-least initially) declined only offer at list price

Often the selling and buying agents are in close contact through much, if not all of the process. As buyer, I'd want to know from my agent why they allowed so much of my time and effort to go so far down this path with this result. If the answer is at all muddy or suspicious, find not just another ...