Search found 13287 matches

by tibbitts
Sun Apr 18, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Vinyl Fence
Replies: 9
Views: 477

Re: Vinyl Fence

Hello, I need to get my iron fence that's falling apart replaced and I'd like to replace it with a vinyl fence. It's about 25 feet long including a 4ft gate. Ground is pretty level and the fence is basically just a straight line from one wall to another. Judging from some admittedly dated discussio...
by tibbitts
Sun Apr 18, 2021 3:16 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 6
Views: 516

Re: Does anyone hold Vanguard Windsor II or Wellington?

I've held both funds in the past; Wellington until very recently. I exchanged out of it because I moved all my conventional bonds (such as included in Wellesley and Wellington) to TIAA Traditional, so now I'm only left with high-yield, emerging market, and floating-rate bonds.
by tibbitts
Sun Apr 18, 2021 3:13 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 6
Views: 516

Re: Does anyone hold Vanguard Windsor II or Wellington?

... I decided to go for the Wellington... There has to be a reason why everybody throws "the" in front of Wellington, and not any other mutual fund that I've noticed. It ranks up there in curiosity along with why everybody switched from using "diversification" to "diversity...
by tibbitts
Sun Apr 18, 2021 1:57 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 106
Views: 7302

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

While alternative education paths will work for some people, I think we have to realize that a lot of the stories here might be reproducible by maybe one in a thousand people. Most times not attending traditional classes, whether in-person or some mix of in-person and online, at the typical ages wi...
by tibbitts
Sun Apr 18, 2021 1:50 pm
Forum: Personal Consumer Issues
Topic: Vinyl Fence
Replies: 9
Views: 477

Re: Vinyl Fence

How many estimates is $2500 based on? If it's just one it could be an outlier. Also these days when you ask someone who says that last year or a couple of years ago a building project cost $2000, just based on inflation that job could easily cost have $2500 today or more.
by tibbitts
Sun Apr 18, 2021 1:28 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 106
Views: 7302

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

While alternative education paths will work for some people, I think we have to realize that a lot of the stories here might be reproducible by maybe one in a thousand people. Most times not attending traditional classes, whether in-person or some mix of in-person and online, at the typical ages wil...
by tibbitts
Sat Apr 17, 2021 11:24 pm
Forum: Personal Consumer Issues
Topic: how does Citi Double Cash card actually work in practice?
Replies: 14
Views: 1292

Re: how does Citi Double Cash card actually work in practice?

I have the Fidelity Rewards VISA which offers 2% cash back on all purchases. Cit just sent me an offer to convert to their Double Cash card. I know I get 1% for purchases. But how do I actually get the other 1%? For example, I make $100 in purchases, and I get $1 in rewards. Can I immediately apply...
by tibbitts
Sat Apr 17, 2021 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Yodlee Issues
Replies: 15
Views: 1378

Re: Vanguard and Yodlee Issues

As far as I know Yodlee is a legacy offering at Vanguard and if that's true I wouldn't expect much if any support going forward. Perhaps. Not exactly sure what you mean, as it's available on the new brokerage platform. Maybe not for long. Could easily be the next thing to go. But if they're not goi...
by tibbitts
Sat Apr 17, 2021 6:02 pm
Forum: Personal Investments
Topic: Roth Conversions in Retirement
Replies: 23
Views: 1923

Re: Roth Conversians in Retirement

Since the deferred balance is exclusively bonds and Stable Value, I don’t foresee having the opportunity to meaningfully convert even during a crash. Agreed, this is an understated point missed in nearly every Roth conversion thread on this forum I've ever read. I'd guess that most people start out...
by tibbitts
Sat Apr 17, 2021 5:49 pm
Forum: Personal Consumer Issues
Topic: Snowbirds establishing FL residency from Northeast- Residency audits
Replies: 49
Views: 3750

Re: Snowbirds establishing FL residency from Northeast- Residency audits

I have no intention of selling my MA home in the short to intermediate future. And what I have read online through my research, as well as the comments I have read here, have convinced me that I will remain a MA resident for the foreseeable future and begrudgingly keep paying my taxes every April l...
by tibbitts
Sat Apr 17, 2021 5:38 pm
Forum: Personal Investments
Topic: Roth Conversions in Retirement
Replies: 23
Views: 1923

Re: Roth Conversians in Retirement

Since the deferred balance is exclusively bonds and Stable Value, I don’t foresee having the opportunity to meaningfully convert even during a crash. Agreed, this is an understated point missed in nearly every Roth conversion thread on this forum I've ever read. I'd guess that most people start out...
by tibbitts
Sat Apr 17, 2021 4:42 pm
Forum: Personal Investments
Topic: Roth Conversions in Retirement
Replies: 23
Views: 1923

Re: Roth Conversians in Retirement

Problem. If you convert all in one year, you'll jump up several tax brackets. (Been there, done that, don't recommend it.) So you'll want to spread your conversions out over several years to minimize the tax bite. Problem. By moving your 403b/457 into a tIRA, you have created a prorata problem for ...
by tibbitts
Sat Apr 17, 2021 2:45 pm
Forum: Personal Investments
Topic: Roth Conversions in Retirement
Replies: 23
Views: 1923

Re: Roth Conversians in Retirement

Hello fine people. I recently retired with a pension and 7 figures in what’s now a traditional IRA (rolled over my 403b/457). Now that I’ve got my married household income lowered ($170k), I’ve been thinking of converting some of those traditional IRA to a Roth. I’m know that I’d pay taxes on those...
by tibbitts
Sat Apr 17, 2021 2:42 pm
Forum: Personal Consumer Issues
Topic: how does Citi Double Cash card actually work in practice?
Replies: 14
Views: 1292

Re: how does Citi Double Cash card actually work in practice?

I have the Fidelity Rewards VISA which offers 2% cash back on all purchases. Cit just sent me an offer to convert to their Double Cash card. I know I get 1% for purchases. But how do I actually get the other 1%? For example, I make $100 in purchases, and I get $1 in rewards. Can I immediately apply...
by tibbitts
Sat Apr 17, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Snowbirds establishing FL residency from Northeast- Residency audits
Replies: 49
Views: 3750

Re: Snowbirds establishing FL residency from Northeast- Residency audits

I have no intention of selling my MA home in the short to intermediate future. And what I have read online through my research, as well as the comments I have read here, have convinced me that I will remain a MA resident for the foreseeable future and begrudgingly keep paying my taxes every April l...
by tibbitts
Sat Apr 17, 2021 2:00 pm
Forum: Personal Investments
Topic: Roth Conversions in Retirement
Replies: 23
Views: 1923

Re: Roth Conversians in Retirement

Hello fine people. I recently retired with a pension and 7 figures in what’s now a traditional IRA (rolled over my 403b/457). Now that I’ve got my married household income lowered ($170k), I’ve been thinking of converting some of those traditional IRA to a Roth. I’m know that I’d pay taxes on those...
by tibbitts
Sat Apr 17, 2021 1:47 pm
Forum: Personal Consumer Issues
Topic: Replacement windows
Replies: 19
Views: 1316

Re: Replacement windows

I live in western NY about an hour south of Buffalo. Just out of the major snow belt. In regards to zoning and permits. As I undersatand it, if I put them in, I can get away w/o a permit. If I hire a contractor, I will have to go through the whole hassle. I have put in several new windows already o...
by tibbitts
Sat Apr 17, 2021 12:40 pm
Forum: Investing - Theory, News & General
Topic: “Take risk on equity side”
Replies: 30
Views: 2097

Re: “Take risk on equity side”

Tingting1013 wrote: Sat Apr 17, 2021 12:29 pm It means don’t hold long term bonds.

It’s terrible advice.
I don't think that's the general interpretation on Bogleheads; most people are looking at credit risk not rate risk.
by tibbitts
Sat Apr 17, 2021 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Yodlee Issues
Replies: 15
Views: 1378

Re: Vanguard and Yodlee Issues

I have refresh issues frequently. Has anyone been able to find a phone number to contact tech support at Yodlee or through Vanguard. My advisor said he would "look into it" but you know how that works out.... TIA As far as I know Yodlee is a legacy offering at Vanguard and if that's true ...
by tibbitts
Sat Apr 17, 2021 12:30 pm
Forum: Personal Investments
Topic: Vanguard Wellesley
Replies: 18
Views: 2999

Re: Vanguard Wellesley

Candor wrote: Sat Apr 17, 2021 12:09 pm This week I moved 10% of my PF...
PF?
by tibbitts
Sat Apr 17, 2021 10:56 am
Forum: Personal Finance (Not Investing)
Topic: 150K income limit
Replies: 7
Views: 1338

Re: 150K income limit

It seems like there has been a $150K MFJ, limit on all of these stimulus plans, and at new job plus wife's job plus current rate of side hustle, we would make something like $180-190K, so I am putting 10,500 in Childcare FSA, 1,000 in FSA, 7.5% goes into my PERS, I am maxing out my DCP at $19,500, ...
by tibbitts
Sat Apr 17, 2021 10:45 am
Forum: Personal Consumer Issues
Topic: Another Tire Question
Replies: 13
Views: 732

Re: Another Tire Question

I'm too lazy to look up if any of the tires are A/W or figure out if they're all the same speed rating, but I've personally owned Primacy and Energy. I don't like the super-shallow tread depth on the Primacy - it was pretty shocking when I bought them. In theory they're supposed to be excellent but ...
by tibbitts
Sat Apr 17, 2021 10:40 am
Forum: Personal Investments
Topic: Roth conversion should I?
Replies: 5
Views: 833

Re: Roth conversion should I?

Very few here would recommend paying taxes on Roth conversions while in the 32% tax bracket. I’m one of the few that might recommend it in certain circumstances. We did some small conversions at the maximum marginal rates, but as the saying goes, the spirit was willing but the flesh was weak. My wi...
by tibbitts
Fri Apr 16, 2021 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: In odds. IRS didn’t withdrew money from our account.
Replies: 19
Views: 1179

Re: In odds. IRS didn’t withdrew money from our account.

Based on the tone of your post, are you talking about making an estimated tax payment for 2021? Just like checks get lost in the mail, sometimes there are glitches and electronic payments are not processed, even though you have a confirmation number and everything. I've been through this on both st...
by tibbitts
Fri Apr 16, 2021 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: In odds. IRS didn’t withdrew money from our account.
Replies: 19
Views: 1179

Re: In odds. IRS didn’t withdrew money from our account.

The most frustrating aspect to this is that all the IRS had to do was to disable EFT with e-file for ty2020. That would have caused e-file attempts with EFTs to fail and forced re-submissions without payments, which would have completely resolved the problem.
by tibbitts
Fri Apr 16, 2021 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: In odds. IRS didn’t withdrew money from our account.
Replies: 19
Views: 1179

Re: In odds. IRS didn’t withdrew money from our account.

Based on the tone of your post, are you talking about making an estimated tax payment for 2021? Just like checks get lost in the mail, sometimes there are glitches and electronic payments are not processed, even though you have a confirmation number and everything. I've been through this on both st...
by tibbitts
Fri Apr 16, 2021 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: In odds. IRS didn’t withdrew money from our account.
Replies: 19
Views: 1179

Re: In odds. IRS didn’t withdrew money from our account.

In odds. IRS didn’t withdrew money from our account I owed and this is significant amount. I designated via electronic file debit for IRS and state taxes we owe on specific date. State withdrew on time. IRS still two days later I see no action taken. What happened? Does anyone had similar experienc...
by tibbitts
Fri Apr 16, 2021 5:13 pm
Forum: Personal Consumer Issues
Topic: Selling old car - CarMax etc.
Replies: 47
Views: 3440

Re: Selling old car - CarMax etc.

I wouldn't sell a used car retail - just not even close to worth the potential hassle.
by tibbitts
Fri Apr 16, 2021 5:10 pm
Forum: Personal Investments
Topic: Market Timing Change
Replies: 40
Views: 2288

Re: Market Timing Change

Buy something that has actually dropped a little bit since you sold. Easy. Thank you livesoft. So you bought back almost everything you sold, right? livesoft I did not buy back what I sold, but I did take the cash from the sale and bought a stock that was out of favor this year. The stock was down ...
by tibbitts
Fri Apr 16, 2021 5:08 pm
Forum: Personal Investments
Topic: Market Timing Change
Replies: 40
Views: 2288

Re: Market Timing Change

You don't know if it was a mistake yet. Selling because of an article on Yahoo Finance (Yahoo?! Seriously?!) was a mistake regardless of how it turns out. Even reading the article in the first place was probably a mistake .... I assume the article was just part of the motivation - that final .1% th...
by tibbitts
Fri Apr 16, 2021 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 tax records.. Destroy?
Replies: 20
Views: 2078

Re: 2017 tax records.. Destroy?

So.. as long as I didn't file anything fraudulently, can i destroy all the extra supporting evidence of my 2017 return assuming I filed before the tax return date of 4/15/2018? (dont' worry i keep electronic copies of the return and some key documents like my 5498 to prove roth ira contributions/co...
by tibbitts
Fri Apr 16, 2021 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: If you hit your # would you retire in this market?
Replies: 124
Views: 13825

Re: If you hit your # would you retire in this market?

I think the "in this market" part is a bit misleading. On the equity side if you have say 50% international and a somewhat traditional Boglehead mid-small value and maybe REIT tilt, "this market" is pretty good but not exactly the greatest ever. Bonds? Some of them had a good 202...
by tibbitts
Fri Apr 16, 2021 4:01 pm
Forum: Personal Consumer Issues
Topic: Snowbirds establishing FL residency from Northeast- Residency audits
Replies: 49
Views: 3750

Re: Snowbirds establishing FL residency from Northeast- Residency audits

I had this idea that , if coming from a high tax state (in my case, MA) , all you had to do to change residency to FL and reap its tax benefits was the simple stuff....live there 183 days/year, get a FL drivers license+registration, register to vote in FL ,establish domicile, etc. But the more I re...
by tibbitts
Fri Apr 16, 2021 3:58 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk Scenario
Replies: 39
Views: 2619

Re: Sequence of Returns Risk Scenario

If these assumptions are true, wouldn't the best strategy be to remain 100% equity until the very day I retire and then trade 50% of my equity for fixed income to arrive at my desired retirement allocation of 50/50, rather than use a glide path to 50/50? Wouldn't I get to 25x faster and then protec...
by tibbitts
Fri Apr 16, 2021 3:49 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk Scenario
Replies: 39
Views: 2619

Re: Sequence of Returns Risk Scenario

Brianmcg321 wrote: Thu Apr 15, 2021 5:38 pm What if the day before you retire the market drops 30% and you no longer have 25X expenses. Will you still retire or just work another year or two until you get your money back?
Or another twenty years, as the case may be.
by tibbitts
Fri Apr 16, 2021 3:46 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car (in the US)
Replies: 10
Views: 984

Re: Negotiating for a new car (in the US)

The last time I bought a car, online listings were still a new thing and the negotiation process felt very traditional. Things are different now, prices are online and I’m starting to text/ call in detail before going into the dealership. I’m getting the sense that prices are more fixed than in the...
by tibbitts
Fri Apr 16, 2021 1:02 pm
Forum: Personal Investments
Topic: How Do I Untangle an Old Commingled IRA?
Replies: 8
Views: 706

Re: How Do I Untangle an Old Commingled IRA?

I opened a traditional IRA back in September 1987 (I know, great timing!) with a before-tax contribution. In at least one subsequent year, I made an after-tax contribution, likely $2000, to the same account. I don't have the records indicating when these contributions were made and Fidelity's recor...
by tibbitts
Fri Apr 16, 2021 12:53 pm
Forum: Investing - Theory, News & General
Topic: Roth v. Traditional - Does effective tax rate matter?
Replies: 19
Views: 1725

Re: Roth v. Traditional - Does effective tax rate matter?

In all the debates between Roth and Traditional, I don't think I've seen any reference to the investor's present and predicted future effective tax rates. I've never seen a Boglehead discussion about Roth vs. Traditional that wasn't centered on present and/or predicted tax rates - so I'm guessing y...
by tibbitts
Fri Apr 16, 2021 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Federal government not taking taxes as scheduled
Replies: 20
Views: 1746

Re: Federal government not taking taxes as scheduled

Similar issue here - return filed and accepted on 4/12, with a withdrawal date of 4/12 (as suggested by TT) State taxes taken 4/13, federal still not taken. At least it sounds like this is a common issue this year? Apparently. I have not owed recently until this year; refunds had always appeared in...
by tibbitts
Fri Apr 16, 2021 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Identity Protection PIN
Replies: 100
Views: 6064

Re: IRS Identity Protection PIN

If I get a pin and later decide to let it lapse, is there any problem? Will the IRS demand the pin on a return? I'm not sure about lapsing - I think it's only good for a year, and then you go back to not having one unless you request your new PIN... maybe? My first e-file failed because I didn't na...
by tibbitts
Fri Apr 16, 2021 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Federal government not taking taxes as scheduled
Replies: 20
Views: 1746

Re: Federal government not taking taxes as scheduled

Well, the $ were withdrawn this morning! April 16 instead of April 12. No idea why, but I guess I can be happy for the extra tiny bit of accrued interest... Your original return was submitted on 4/12? If not when does your confirmation say it was submitted? I'm going to start working on an amended ...
by tibbitts
Fri Apr 16, 2021 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Federal government not taking taxes as scheduled
Replies: 20
Views: 1746

Re: Federal government not taking taxes as scheduled

I posted a similar issue and asked about differences between my HRB 2019 vs. 2020 experiences with routing numbers not displaying on my 2020 printed/pdf returns: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=346286&newpost=5948112 When I go back through the first stages of the e-file...
by tibbitts
Fri Apr 16, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: How foolish is this? [Buying waterfront apartment in Florida]
Replies: 92
Views: 8267

Re: How foolish is this?

Have you reviewed the condo association balance sheet? The biggest risk could be lack of reserves for common expenses. I considered that. I have a copy but am having a hard time interpreting it....lack of experience. I want to run it by someone with more experience. One possible red flag (?) is tha...
by tibbitts
Thu Apr 15, 2021 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: How foolish is this? [Buying waterfront apartment in Florida]
Replies: 92
Views: 8267

Re: How foolish is this?

Have you reviewed the condo association balance sheet? The biggest risk could be lack of reserves for common expenses. I considered that. I have a copy but am having a hard time interpreting it....lack of experience. I want to run it by someone with more experience. One possible red flag (?) is tha...
by tibbitts
Thu Apr 15, 2021 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Federal government not taking taxes as scheduled
Replies: 20
Views: 1746

Re: Federal government not taking taxes as scheduled

I posted a similar issue and asked about differences between my HRB 2019 vs. 2020 experiences with routing numbers not displaying on my 2020 printed/pdf returns, but will merge that here instead: If anyone owed and paid via EFT with HRBlock for 2020, can you find any record of your bank account and ...
by tibbitts
Thu Apr 15, 2021 8:05 pm
Forum: Personal Investments
Topic: Buying dividend stocks
Replies: 40
Views: 4197

Re: Buying dividend stocks

Bonds are for protecting the wealth you already have. When interest rates rise, the value of those bonds falls. It makes no sense to invest in something yielding 1.5% if your principal is at risk of falling. Pick the steady eddies that pay 2.5-3.5% and increase their dividend every year. Two good d...
by tibbitts
Thu Apr 15, 2021 6:40 pm
Forum: Investing - Theory, News & General
Topic: Stable stocks
Replies: 21
Views: 1007

Re: Stable stocks

I agree with the answers above but if you insist on buying a single stock in any concentrated amount, and want the safest possible stock, I might recommend Berkshire Hathaway. That is the only single stock I might feel okay holding in a large amount, but then again it is almost like an actively man...
by tibbitts
Thu Apr 15, 2021 6:38 pm
Forum: Investing - Theory, News & General
Topic: Stable stocks
Replies: 21
Views: 1007

Re: Stable stocks

Maybe the OP should be looking at high yield or EM bonds. They are less volatile than stocks (but more volatile than investment grade bonds) and are yielding >3%. Those are the only bond funds I have left other than savings bonds. Also I have a floating rate bond fund. The other more traditional bo...
by tibbitts
Thu Apr 15, 2021 6:33 pm
Forum: Investing - Theory, News & General
Topic: Stable stocks
Replies: 21
Views: 1007

Re: Stable stocks

Maybe the OP should be looking at high yield or EM bonds. They are less volatile than stocks (but more volatile than investment grade bonds) and are yielding >3%. Yeah, the closest thing to what they are asking seem to be a high yield bond ETF. However, the current period doesn't really look like t...
by tibbitts
Thu Apr 15, 2021 6:19 pm
Forum: Personal Investments
Topic: Son (20) opening a Roth—investment options?
Replies: 21
Views: 1212

Re: Son (20) opening a Roth—investment options?

My son opened a Roth IRA tonight at Vanguard with $1,000 he earned over the winter. I’m thinking ETFs are the way to go. 80% total stock and 20% international stock. Is this reasonable for a 20 year old? Your son theoretically won't touch that money for 50 years. There is no reason for him to have ...