Search found 3204 matches

by an_asker
Tue Apr 20, 2021 4:12 pm
Forum: Personal Consumer Issues
Topic: Considering switching from Tracfone to Tello
Replies: 20
Views: 966

Re: Considering switching from Tracfone to Tello

[...] Hmm... I was unaware of this trick. That said, knowing me, I would probably eat up the 8GB over a week. :oops: I was a long time Tracfone user and I switched to Tello about a year ago. I was looking for just a little more data compared to Tracfone. Tello met that need and with no price increa...
by an_asker
Tue Apr 20, 2021 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

I have already been educated (previous threads here) that there is no such thing as "choosing to claim someone as dependent or not"; either the kid is a dependent or he/she is not. [...] The amount of money he owed probably got "bumped" because he had enough unearned income that...
by an_asker
Tue Apr 20, 2021 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

1. Claiming a child as a tax dependent can be beneficial to the parent in that the child tax credit or credit for other dependents may be available. It wasn't to us; besides, he missed out on the stimulus money he could've claimed which was way more than the $500 we got as "other dependent tax...
by an_asker
Tue Apr 20, 2021 2:04 pm
Forum: Personal Consumer Issues
Topic: Considering switching from Tracfone to Tello
Replies: 20
Views: 966

Re: Considering switching from Tracfone to Tello

Tello has been great for over 2-years. I have the $6, 1GB plan with unlimited texts. Since there is no voice, no taxes. Nice thing is, if you go in the night before renewal and manually renew your plan, the data carries over. I have over 8GB available to me now, from the rollovers. I am still on a ...
by an_asker
Tue Apr 20, 2021 2:02 pm
Forum: Personal Consumer Issues
Topic: Considering switching from Tracfone to Tello
Replies: 20
Views: 966

Re: Considering switching from Tracfone to Tello

I'm currently a Tracfone customer. While I haven't had problems, I'm not making full use of the service, and they charge money for service days. (If you run out of service days, you cannot use your minutes, text messages, or data, no matter HOW much you have.) While the ability to roll over minutes...
by an_asker
Tue Apr 20, 2021 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

1. Claiming a child as a tax dependent can be beneficial to the parent in that the child tax credit or credit for other dependents may be available. It wasn't to us; besides, he missed out on the stimulus money he could've claimed which was way more than the $500 we got as "other dependent tax...
by an_asker
Mon Apr 19, 2021 7:43 pm
Forum: Personal Consumer Issues
Topic: Indestructible ants?
Replies: 22
Views: 2007

Re: Indestructible ants?

Thanks for all the replies. It was interesting to note that quite a few have had issues with indestructible ants :oops:

I will try some of the suggestions - let's see how I do :-)
by an_asker
Mon Apr 19, 2021 7:40 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3109

Re: Shift some emergency funds to I bonds for 3.54% interest?

It has been a while since I last bought I bonds (Is there a minimum one year holding period? I forget). Wouldn't it be possible to redeem early February 2022 and get that same return in nine months? I Bonds are totally locked down and un-cashable until the beginning of the twelfth month after issue...
by an_asker
Mon Apr 19, 2021 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

There is not much benefit to claiming son as dependent; on the contrary, doing so directly means that son will have to pay more in taxes than he otherwise would. Why? Because he will be dinged at your (parent's) tax rate. The AOTC is a huge benefit to the parents if they qualify otherwise... AOTC h...
by an_asker
Mon Apr 19, 2021 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

[...] Your son will have to file tax return whether you claim him as a dependent or not. Yes, you can claim your son as a dependent. Just because you can claim doesn't mean you should or you have to. What would be your benefit for claiming him as your dependent? [...] There is not much benefit to c...
by an_asker
Sun Apr 18, 2021 2:24 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3109

Re: Shift some emergency funds to I bonds for 3.54% interest?

This is mentioned in the TIPS Watch article at https://tipswatch.com/2021/04/15/i-bond-dilemma-buy-in-april-buy-in-may-or-wait-until-later/. ...I’ve presented inflation-adjusted variable rate scenarios ranging from 0.0% to 3.0%, and one thing is very clear: Investing in May will out-perform investi...
by an_asker
Sun Apr 18, 2021 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Claiming Son as Dependent
Replies: 37
Views: 2219

Re: Question About Claiming Son as Dependent

[...] Your son will have to file tax return whether you claim him as a dependent or not. Yes, you can claim your son as a dependent. Just because you can claim doesn't mean you should or you have to. What would be your benefit for claiming him as your dependent? [...] There is not much benefit to c...
by an_asker
Sun Apr 18, 2021 12:57 pm
Forum: Personal Consumer Issues
Topic: Snowbirds establishing FL residency from Northeast- Residency audits
Replies: 65
Views: 5516

Re: Snowbirds establishing FL residency from Northeast- Residency audits

[... ]Each case turns on its own facts. Try to make the facts as good as you can in case you're audited. Where is your dog? Where are your artworks? Which home is the nicer one? When you come home from your trips to France, NYC and Maine, where do you come home to? Where do you go to church, synago...
by an_asker
Sat Apr 17, 2021 2:05 pm
Forum: Personal Consumer Issues
Topic: Indestructible ants?
Replies: 22
Views: 2007

Indestructible ants?

We have these little black ants (I cannot describe them much better) that are absolutely indestructible. They sneak up to my water mug and and get into the water. This is not cold water, but water I have microwaved for a minute. These ants don't like Terro (so that didn't work). There have been time...
by an_asker
Fri Apr 16, 2021 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 84
Views: 6345

Re: What Does College Tuition Really Cost?

[...] How accurate are these? I am asking because two of my buddies' kids got into Harvard a couple of years ago. I am pretty sure that all three families are approximately in the same net worth ballpark but when I used Harvard's OOP online calculator, I got annual expenses figure that was about 3X...
by an_asker
Fri Apr 16, 2021 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 84
Views: 6345

Re: What Does College Tuition Really Cost?

Most colleges have a net price calculator on their site that lets you know what your price will be. At least some of the Ivies (Princeton is one) let you do it anonymously......although they have some of the most generous discounting (aid) of any schools. It takes about 10 minutes to fill out the i...
by an_asker
Fri Apr 16, 2021 2:17 pm
Forum: Personal Investments
Topic: Is it worth it to continuously rollover HSA to another provider
Replies: 12
Views: 797

Re: Is it worth it to continuously rollover HSA to another provider

I am unsure what the annual rollover gets you! Unless my understanding of your situation is flawed: - you are gonna pay $120 per year regardless of whether you have $1 or $1 million. - If you choose to close the account and contribute outside, you are on the hook for the FICA (which I would guess a...
by an_asker
Fri Apr 16, 2021 8:41 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5389

Re: can I get boglehead approval for a 70K truck?

TomatoTomahto wrote: Fri Apr 16, 2021 8:37 am
an_asker wrote: Fri Apr 16, 2021 7:52 am Approved, so long as you don't come back again and ask for approval to pay DS or DD's tuition of $70k+ at top two Ivy League univ!
OP is 31 years old, so we have some time to prepare for that post :sharebeer
LOL true dat!!
by an_asker
Fri Apr 16, 2021 8:39 am
Forum: Personal Investments
Topic: Is it worth it to continuously rollover HSA to another provider
Replies: 12
Views: 797

Re: Is it worth it to continuously rollover HSA to another provider

I reading another thread a while back and one of the responses has had me thinking since. Searched and was not able to find the old thread. The MegaCorp that I work for provides a high deductible health plan that qualifies my family for an HSA. The HSA provider we must use is Optum Bank. Current Si...
by an_asker
Fri Apr 16, 2021 8:29 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 69
Views: 7809

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Totally illiquid shares cannot be marked to market properly and therefore the market cap can't be calculated accurately. We would know this if the owner tried to liquidate his shares all at once, I doubt anyone would buy them at all and if they did, it would be for something like the value of the a...
by an_asker
Fri Apr 16, 2021 8:00 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 69
Views: 7809

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

So there's 60 stock holders and 59 just hold their shares. Majority share holder sells a single share to his wife for 100 times a "fair" value. Does that reset the market cap to 100 times what it is really worth? I thought that's exactly how market value works. Am I missing something? It ...
by an_asker
Fri Apr 16, 2021 7:52 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5389

Re: can I get boglehead approval for a 70K truck?

Hello All, I pre-ordered a cyber truck (70K) but probably wont be able to get it until the next 2-3 years (huge back log). I am planning on buying a Toyota SR-5, brand new, for 35Kish? Probably hold onto it for 2-3 years before the delivery of my cyber truck. Reasons I need the SR-5 is due to: -tow...
by an_asker
Thu Apr 15, 2021 8:03 pm
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 69
Views: 7809

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

FIREchief wrote: Thu Apr 15, 2021 5:41 pm So there's 60 stock holders and 59 just hold their shares. Majority share holder sells a single share to his wife for 100 times a "fair" value. Does that reset the market cap to 100 times what it is really worth?
I thought that's exactly how market value works. Am I missing something?
by an_asker
Thu Apr 15, 2021 7:49 am
Forum: Investing - Theory, News & General
Topic: Market shift since december
Replies: 21
Views: 2068

Re: Market shift since december

There are two broad theories of stock-market behavior. The prevalent theory, which is also seen in gambling, is that the stock market is full of trends and shifts and rotations, and rhythms of market sentiment that can be sensed and anticipated; and that trends and shifts and rotations can and shou...
by an_asker
Wed Apr 14, 2021 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest expenses in life
Replies: 50
Views: 4119

Re: Biggest expenses in life

grkmec wrote: Wed Apr 14, 2021 8:48 pm Taxes, by a country mile !!!
Taxes plus stupid tax :oops:
by an_asker
Wed Apr 14, 2021 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest expenses in life
Replies: 50
Views: 4119

Re: Biggest expenses in life

What are some of the biggest expenses you have had in your life ? a) That in retrospect, you wish you hadn't made and rather invested some portion of that amount. b) They were worth it. Some big ones at least in my life so far are.. 1. Wedding.. could have gone smaller and saved $$ 2. House..worth ...
by an_asker
Wed Apr 14, 2021 11:26 pm
Forum: Personal Consumer Issues
Topic: Some basic questions about high schools tennis - FL
Replies: 2
Views: 445

Some basic questions about high schools tennis - FL

One kid has passed out of high school and the other one is halfway through; however, having done my schooling (until undergrad level) outside the US, I still do not understand the setup of schools in terms of sports tournaments. I am right now specifically interested in tennis in FL (I assume the si...
by an_asker
Wed Apr 14, 2021 4:04 pm
Forum: Personal Consumer Issues
Topic: Help, anyone else use OneDrive?
Replies: 13
Views: 1487

Re: Help, anyone else use OneDrive?

Log on to Onedrive.com and check your Trash folder. Files that are deleted are not deleted right away. It is not a backup. It is a sync/mirror service. If you delete from PC A, it "syncs" PC B to that same action. This is what iTunes does, if I am not mistaken, which is why I've always be...
by an_asker
Wed Apr 14, 2021 4:02 pm
Forum: Personal Consumer Issues
Topic: Help, anyone else use OneDrive?
Replies: 13
Views: 1487

Re: Help, anyone else use OneDrive?

[...] But it reminds me what I don't like about OD. Usually if you drag and drop a file to an external or different virtual drive, it just copies it. But if I drag and drop something to onedrive or from onedrive, the whole thing just moves. [...] I don't know what you mean by "usually," b...
by an_asker
Wed Apr 14, 2021 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 412
Views: 27131

Re: "Nobody's ever regretted paying off the mortgage."

I see this argument a lot when people favor paying down their mortgage in place of taxable investing. I also see the argument that you wouldn't take a mortgage on a paid off house to invest. At least, most people wouldn't. So why would you invest rather than pay down the mortgage? This, to me, is a...
by an_asker
Wed Apr 14, 2021 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Second Economic Stimulus Payment
Replies: 2
Views: 191

Re: Second Economic Stimulus Payment

Maybe check past statements to see if the deposit made prior to the letter being sent. I received the second payment january 4th, but the IRS letter (1444-B) was dated march 12. Oh wow! Thanks a bunch. That was exactly it. I didn't realize I hadn't received a letter at the same time. :oops: Now tha...
by an_asker
Wed Apr 14, 2021 9:52 am
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 183
Views: 11361

Re: First child entering college in the fall... need some advice

oldfatguy wrote: Wed Apr 14, 2021 9:48 am
an_asker wrote: Wed Apr 14, 2021 9:40 am

SLAC? :confused
Can mean Selective Liberal Arts College or Small Liberal Arts College.
Thanks guys! I got the College part of it lol.
by an_asker
Wed Apr 14, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 183
Views: 11361

Re: First child entering college in the fall... need some advice

[...] The result is that the student's friends are likely to be bright, talented people who have four focused years (and that's the expectation) where they're encouraged not just to learn, but to explore and learn outside of class with peers who are there for the same purpose. It's really an enviro...
by an_asker
Wed Apr 14, 2021 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Second Economic Stimulus Payment
Replies: 2
Views: 191

Second Economic Stimulus Payment

A month ago - literally - I received a letter from IRS that they had deposited a Second Economic Stimulus Payment into our direct deposit account. The amount is not big - and we were not expecting to receive anything anyway. But - no deposit showed up. Yet. Therefore, I went to the website (actually...
by an_asker
Wed Apr 14, 2021 8:57 am
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 183
Views: 11361

Re: First child entering college in the fall... need some advice

[...] The result is that the student's friends are likely to be bright, talented people who have four focused years (and that's the expectation) where they're encouraged not just to learn, but to explore and learn outside of class with peers who are there for the same purpose. It's really an enviro...
by an_asker
Wed Apr 14, 2021 8:51 am
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 183
Views: 11361

Re: First child entering college in the fall... need some advice

Going to college is just a fine experience. If you go for the sake of education, it really does not make much difference if you go to a state college or an ivy school. I've asked this in several threads now, with no answer from anybody; outside of the education, how is the "experience" at...
by an_asker
Fri Apr 09, 2021 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Advice on AirBnB Charges
Replies: 18
Views: 1589

Re: Advice on AirBnB Charges

https://www.airbnb.com/help/article/1320/extenuating-circumstances-policy Changes to government travel policies are covered there, as well as epidemics, and would likely entitle you to a refund regardless of the host's refund policy. It says right at the top "Note: This article does not addres...
by an_asker
Thu Apr 08, 2021 7:17 am
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 74
Views: 6830

Re: Invited to join HOA board. Pros/cons?

Every time I read threads like this, I am so happy that I don't have an HOA to worry about. Rules governing who can park in my own driveway or how many dogs I can have? I don't care how reasonable the board is about it, that should be nobody's business but mine. Agreed. Which part of the country do...
by an_asker
Thu Apr 08, 2021 7:13 am
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 74
Views: 6830

Re: Invited to join HOA board. Pros/cons?

Whatever you do don’t end up like this HOA: https://www.cnn.com/2019/10/17/us/flagpole-hoa-fight-trnd/index.html I agree. Some amount of flexibility is an important part of being on a well functioning HOA board. There's no doubt we'd allow something like that, for that reason, for a set period of t...
by an_asker
Thu Apr 08, 2021 7:07 am
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 74
Views: 6830

Re: Invited to join HOA board. Pros/cons?

Board member for 12 years, president for 5. Like other posters above, better to be on the board and know what's going on than to not be on the board and have the seat filled by someone clueless or worse, someone with an agenda. A HOA is a Property Management company. Not the Neighborhood Police. No...
by an_asker
Wed Apr 07, 2021 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4279

Re: Tax bill split between spouses

Seems like you should first estimate tax liabilities if you were filing single. If you are filing jointly, this typically lowers the tax liability compared to just adding the two singles together. Maybe you can take the overall tax savings produced by filing jointly and split it by your 4:1 ratio. ...
by an_asker
Tue Apr 06, 2021 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: What is the expected percentage (raise) for a manager position?
Replies: 24
Views: 2271

Re: What is the expected percentage (raise) for a manager position?

10% max. Those I know who jump from company to company, even coming back to a previous employer, make the largest salary increases. This is what I've seen as well. It's very frustrating to see someone who got laid off from your team, return a few years later at a salary way higher than yours! :oops:
by an_asker
Fri Apr 02, 2021 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for more Merit aid? College decision day 5/1
Replies: 39
Views: 2368

Re: Asking for more Merit aid? College decision day 5/1

The student needs to make the request. In my experience, the colleges don't want to hear from helicopter parents, their customer is the student. The student gets the bills; if I, the parent, want to be on the billing account, I'm only on it for payment purposes. I can't see the breakdown, just the ...
by an_asker
Fri Apr 02, 2021 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much in Taxes?
Replies: 55
Views: 6761

Re: Why do I owe so much in Taxes?

Hi all, I am trying to understand why each year on tax day I owe so much in taxes. I think I have a very straightforward tax return and do it myself using TurboTax each year. I report W2 income and that's pretty much all. On the 15th of each month I am paid based on my base salary of 200k. On the l...
by an_asker
Fri Mar 26, 2021 1:54 pm
Forum: Personal Investments
Topic: Wash rule scenario / clarification
Replies: 23
Views: 1216

Re: Wash rule scenario / clarification

I still don't see why you did that. Your gain is more than negated by the losses. Yes, you now have a higher basis but you have less money in your pocket that could be invested to compound. Or you could have waited a few days to just get the loss. I'm not sure I follow. Since I didn't sell my posit...
by an_asker
Fri Mar 26, 2021 7:24 am
Forum: Personal Investments
Topic: Wash rule scenario / clarification
Replies: 23
Views: 1216

Re: Wash rule scenario / clarification

aristotelian wrote: Fri Mar 26, 2021 7:12 am So you intentionally created a wash sale? I thought I had seen it all...
He (whoever you are referring to) wouldn't be the first one. TLH guru livesoft has done that only to prove his points here lol.
by an_asker
Fri Mar 26, 2021 7:22 am
Forum: Personal Investments
Topic: Wash rule scenario / clarification
Replies: 23
Views: 1216

Re: Wash rule scenario / clarification

I ... don't know. I think your sentence has too many moving parts and percentages to really say :-). First off - I don't think there are any percentages involved at all, just shares. The wash sale rules discuss replacements SHARES, not dollar amounts or percentages. If you sell 50 shares for a loss...
by an_asker
Fri Mar 26, 2021 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 448
Views: 56546

Re: Tales from this insane real estate market

vfinx, I would dispute that. In any case, it is very easy for OP to verify this for his area. He just need to check the Zillow price history for the older houses in his area. Show me the pricing history of house older than 20 years if you want to prove me wrong. KlangFool I think you have me confus...
by an_asker
Mon Mar 15, 2021 4:11 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 159
Views: 13968

Re: Cryptocurrency in Free Fall

Bitcoin down (close to 10%) to 56k from it's weekend high of 60k+. Lol you have two threads to cover "free fall" and "soaring". I like how you are playing both sides of the bitcoin before some white knight steps in to defend VTSAX - pun intended lol :D How about "Bitcoin .....
by an_asker
Tue Mar 09, 2021 9:27 pm
Forum: Personal Investments
Topic: ITOT vs. VTI [iShares Total US Stock ETF vs. Vanguard]
Replies: 20
Views: 24904

Re: ITOT vs. VTI

placeholder wrote: Sun Oct 26, 2014 12:16 pm It does sound like ITOT would be a decent tax loss harvest partner for VTI.
Does this still hold? Would it work against SWTSX as well?

Thanks!