Search found 1368 matches

by minesweep
Mon Apr 12, 2021 3:42 pm
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3236

Re: What do you do with well worn clothing?

I take the good stuff to a local Via thrift outlet. The really worn stuff goes (regrettably) in the trash (or I use some rags for cleaning purposes before it ends up there). The in between stuff I take to a local recycling center that accepts the following textiles: Textiles (old clothes, paired sho...
by minesweep
Mon Apr 12, 2021 2:40 pm
Forum: Personal Consumer Issues
Topic: Gift Card to Permanently Closed Business
Replies: 17
Views: 2857

Re: Gift Card to Permanently Closed Business

It happened to me 3 years ago when the former mall department store chain went into bankruptcy. When I stopped in the store to use the gift card I was told that it was no longer valid. The gift card was only $25 so I didn't make an issue of it. The location is currently in the process of being renov...
by minesweep
Sat Apr 10, 2021 8:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14660
Views: 1127314

Re: U.S. stocks continue to soar!

anoop wrote: Sat Apr 10, 2021 1:08 am overheard produce guys at the grocery store talking tesla stock price.
I recall back in late 1999 a coworker telling me that the bus driver was pumping Lucent stock.
by minesweep
Tue Apr 06, 2021 9:10 am
Forum: Personal Consumer Issues
Topic: Recommendation for simple home gym
Replies: 41
Views: 3330

Re: Recommendation for simple home gym

I agree with other posters who suggested walking. Brisk walking would be even better. And if there are any hills in the area walking up one of them would also increase her cardio. Of course that might depend on the condition of her knees and hips. The most important thing about exercising is being d...
by minesweep
Thu Apr 01, 2021 4:27 pm
Forum: US Chapters
Topic: Congratulation HomerJ!!! [on your pending retirement]
Replies: 22
Views: 3522

Re: Congratulation HomerJ!!!

LOL... I was wondering if I should pull up that post today.... I'm a big chicken, of course... I apologize to all the One-More-Year people I criticized in the past... 4000 got here a lot faster than I expected. I might need another year (or two), or another 10%... you guys know the drill... :) But ...
by minesweep
Wed Mar 31, 2021 12:54 pm
Forum: Investing - Theory, News & General
Topic: For those using a Roth IRA since the beginning (1998?), what's your balance? (Come on, we're anonymous)
Replies: 68
Views: 6411

Re: For those using a Roth IRA since the beginning (1998?), what's your balance? (Come on, we're anonymous)

I made my first Roth IRA ($2,000 max) contribution in 1998 (the 1st year of eligibility). I contributed the max in 1999 and 2000 as well. I retired in 2000 so I wasn’t eligible to make any additional contributions. In 2010 I converted approximately $24,000 from my TIRA to the Roth. Anyone who conver...
by minesweep
Fri Mar 26, 2021 11:47 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1080
Views: 49251

Re: Bird watchers – what birds are you seeing?

https://www.santacruzsentinel.com/wp-content/uploads/2020/12/STC-L-TURKEY-1212-01_79566429.jpg?w=1000 We had a rafter (flock) of these up in the woods behind our house last night. David Well their long distance cousins here in Minnesota woke me up last week with a loud chorus of gobbling. I thought...
by minesweep
Fri Mar 26, 2021 9:00 am
Forum: Personal Investments
Topic: If I can be in equities when I’m in my 20s and 30s why shouldn’t I hold all equities until the day I die?
Replies: 72
Views: 6580

Re: If I can be in equities when I’m in my 20s and 30s why shouldn’t I hold all equities until the day I die?

You're thinking too far into the future. Your view now may be much different then it is in the distant future. Would you be posing this question now if we were in a 2009 scenario? It's very easy to feel bold and confident when you are in a long bull market cycle. Not so much during a deep recession.
by minesweep
Tue Mar 02, 2021 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software Issue?
Replies: 13
Views: 669

Re: H&R Block Software Issue?

Yes, no estimated payments. We both inherited part of an annuity in 2020 (and selected the 5-year option withdrawal). We cashed completely out of the annuity (several days before the transition from Vanguard to Transamerica). Since we weren't required to take our RMD's for 2020 we opted to do the an...
by minesweep
Tue Mar 02, 2021 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software Issue?
Replies: 13
Views: 669

Re: H&R Block Software Issue?

I'm not sure what the issue was with H&R regarding the penalty. My brother and I both used them for our taxes in 2019. Under the "taxes" section of the software there is an option to have H&R calculate the penalty or have the IRS calculate it. I chose the option "I want the IR...
by minesweep
Tue Mar 02, 2021 10:36 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software Issue?
Replies: 13
Views: 669

Re: H&R Block Software Issue?

Yes, that's it, line 38. Missed seeing that (wasn't expecting it). However, I believe the safe harbor rule should have been in effect. His tax bill for 2019 was $2,044. His withholding was $2,102. I need to go back and see if that number from last year was entered somewhere incorrectly in this softw...
by minesweep
Tue Mar 02, 2021 10:09 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software Issue?
Replies: 13
Views: 669

Re: H&R Block Software Issue?

Did you verify that you didn’t accidentally override these values? I would not submit until you the software gives the correct answer. I find it difficult to believe H&R testing would allow thierror to go out I'm sure I didn't override anything. With the exception of line 37 all of the line ent...
by minesweep
Tue Mar 02, 2021 9:48 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software Issue?
Replies: 13
Views: 669

H&R Block Software Issue?

I'm doing my brother's taxes for him and found the following error on Form 1040SR line 37: 24 - Add lines 22 and 23. This is your total tax – 4,693 33 - Add lines 25d, 26, and 32. These are your total payments – 2,102 37 - Subtract line 33 from line 24. This is the amount you owe now - 2,632 The amo...
by minesweep
Thu Feb 25, 2021 5:21 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2775
Views: 275744

Re: [What TV Show Have You Recently Watched?]

I have been binge-watching Hannibal .Excellent program. Serial killer shows fascinate me. Not sure what that says about me. Broken Man 1999 You may be happy to hear that Season 9 of Dexter is scheduled to air this fall. I'll certainly watch it. I wasn't aware a 9th season of Dexter was in the works...
by minesweep
Thu Feb 25, 2021 4:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6583
Views: 1452749

Re: What Movie Have You Recently Watched?

Just finished watching the western " News of the World" starring Tom Hanks (on my Amazon Fire Stick). I found it to be very enjoyable. Hard to find a Tom Hanks movie I didn't like. Helena Zengel as the young Johanna also was excellent. For anyone not familiar with this movie, it's about a ...
by minesweep
Mon Feb 22, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1995

Re: New Pennsylvania Income Tax Filing Web Site

There’s a flaw with the new online income tax filing system. There’s no place to enter a tax withholding amount for a Form 1099R. You can only enter your estimated installment payment amounts. I called the local state revenue office and the person I talked confirmed it. It’s a once and done thing fo...
by minesweep
Sun Feb 21, 2021 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1995

Re: New Pennsylvania Income Tax Filing Web Site

I tried to make a 2021 estimated income tax payment using myPath (for April 15) but was unable to navigate their website. After doing an Internet search I discovered that you can only make such a payment by no t logging into myPath. My one wish is that Vanguard would allow state tax withholding for...
by minesweep
Sun Feb 21, 2021 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1995

Re: New Pennsylvania Income Tax Filing Web Site

I tried to make a 2021 estimated income tax payment using myPath (for April 15) but was unable to navigate their website. After doing an Internet search I discovered that you can only make such a payment by no t logging into myPath. My one wish is that Vanguard would allow state tax withholding for ...
by minesweep
Sat Feb 20, 2021 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1995

Re: New Pennsylvania Income Tax Filing Web Site

I was poking around MyPath and entered data, but couldn't figure any way to save what I inputed. Is there, or is that why you need an access code? My return is pretty simple just interest & dividends as we are retired. I couldn't find a way to save entered data either. Don't think the access co...
by minesweep
Fri Feb 19, 2021 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone still file fed taxes by mail? Why?
Replies: 104
Views: 6671

Re: Does anyone still file fed taxes by mail? Why?

That 1% error is amazingly high. You pay for tax software and still get errors at that rate? It’s software, not magic. If you enter a number from a paper 1099 wrong it can’t check that. If you answer a question wrong how is it going to check that? The 1% isn’t the software making an error, it is th...
by minesweep
Thu Feb 11, 2021 7:36 pm
Forum: Personal Consumer Issues
Topic: Breakfast cereal?
Replies: 172
Views: 18382

Re: Breakfast cereal?

My favorite cereal is 'Post Great Grains' (raisins, dates & pecans) with whole organic milk (from Aldi's). I stock up on the Post Great Grains when it is on sale at the Weis supermarket. I don't eat it for breakfast, but as a dessert at suppertime. For breakfast (every other day) I reheat a port...
by minesweep
Tue Feb 09, 2021 6:35 pm
Forum: Personal Investments
Topic: Are Bogleheads still investing at Vanguard?
Replies: 132
Views: 11606

Re: Are Bogleheads still investing at Vanguard?

Switch. No permission needed. "Over there" is always better. Then, once "over there" there is another "over there". Over there, over there Send the word, send the word over there That the some Bogeheads are coming The Bogleheads are coming The drums rum-tumming Everywh...
by minesweep
Sat Feb 06, 2021 8:08 pm
Forum: Personal Investments
Topic: inherited TOD account at edward jones
Replies: 10
Views: 1027

Re: inherited TOD account at edward jones

The individual stock prices at the date of death can be found (here) . You take the average of the high and low for the day to get the stepped up cost basis. If the death was on a weekend then you do that calculation for the Friday and Monday and then average those two numbers. There is also another...
by minesweep
Sat Jan 30, 2021 1:12 pm
Forum: Personal Investments
Topic: Confused by Vanguard Tax Document
Replies: 7
Views: 926

Re: Confused by Vanguard Tax Document

On my brokerage statement the "Summary of 2020 Proceeds From Broker and Barter Exchange Transactions" totals (page 1) agree with the individual fund totals on page 7 & page 8. Page 7 are the "Long-term transactions for which basis is reported to the IRS" and page 8 are the&qu...
by minesweep
Thu Jan 28, 2021 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Check your beneficiaries
Replies: 26
Views: 2817

Re: Check your beneficiaries

It is also possible to have listed a beneficiary on an account correctly, only to have the custodian change clearing firms, merge, or change processing platforms and your beneficiary disappears from the account. Then you have no beneficiary and the proceeds go to your estate. The question then beco...
by minesweep
Thu Jan 28, 2021 12:44 pm
Forum: Investing - Theory, News & General
Topic: When will tax info IMPORT be available?
Replies: 21
Views: 1131

Re: When will tax info IMPORT be available?

ScooterBob wrote: Thu Jan 28, 2021 11:27 am My software is now telling me that the import feature will now be available on February 1st. I forgot that it eventually does give a date.

Bob
I received the same message (H&R Block tax software) regarding the brokerage portion. The mutual fund portion I was able to import yesterday..
by minesweep
Sun Jan 24, 2021 1:18 pm
Forum: Personal Investments
Topic: I just bought individual stocks and a lot of them.
Replies: 218
Views: 17134

Re: I just bought individual stocks and a lot of them.

So I just on an impulse liquidated my ETF holdings and started buying individual stocks.
What John Bogle said:
by minesweep
Fri Jan 22, 2021 11:52 am
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 193
Views: 46907

Re: 2nd million is easier!

A million dollars today isn't what it used to be. I recall watching 'The Millionaire" TV show that aired from 1955-1960. The benefactor named John Beresford Tipton gave a 1 million dollar check to his executive secretary Michael Anthony. His instructions were to give the check to the unsuspecti...
by minesweep
Wed Jan 20, 2021 7:35 pm
Forum: Investing - Theory, News & General
Topic: How to stay invested in a surging market
Replies: 71
Views: 6304

Re: How to stay invested in a surging market

It is relatively easy if you have a written plan ahead of time of when to sell. Is that what you are asking? Or are you asking how to violate your plan? May I ask what is your plan to take stock profits and buy more bonds? I went 50/50 when I considered retiring about a year+ ago. Due to the market...
by minesweep
Sun Jan 17, 2021 9:44 am
Forum: Personal Investments
Topic: Inheritance - estate tax when USA citizen dies -non USA resident spouse
Replies: 14
Views: 1080

Re: Inheritance - estate tax when USA citizen dies -non USA resident spouse

Thank you very much for your help. One more thing I forgotten , to ask He also has a brother who is not a usa cittizen living in EU Could his brother inherit some money tax free as well? I am not sure in which usa state he still lives (or is registered ) for tax purposes 6 U.S. states have inherita...
by minesweep
Sat Jan 16, 2021 12:03 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1080
Views: 49251

Re: Bird watchers – what birds are you seeing?

I've had 2 separate sightings of the American Kestrel, the smallest falcon: https://www.allaboutbirds.org/guide/American_Kestrel/ What a handsome fellow! From your link, a charming scene: "When nature calls, nestling kestrels back up, raise their tails, and squirt feces onto the walls of the n...
by minesweep
Sat Jan 16, 2021 10:56 am
Forum: Personal Investments
Topic: Get rid of transamerica variable annuity?
Replies: 9
Views: 567

Re: Get rid of transamerica variable annuity?

It depends. What is the cost basis? What is your marginal tax bracket? Will it push you into a higher marginal tax bracket if you cash out the entire amount. Will taking a partial withdrawal this year and subsequent years be a better option tax wise? If it were me those are the questions I would be ...
by minesweep
Mon Jan 11, 2021 3:19 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15785

Re: 2021 Hedge Fund Contest

Tanelorn wrote: Mon Jan 11, 2021 12:07 pm
minesweep wrote: Mon Jan 11, 2021 10:09 am Ob-La-Di, Ob-La-Da Fund

Long
LMT
BABA
Blue
Alibaba (BABA) is foreign, China based, and is ineligible. If you want a replacement for that long pick, please post one by 4pm today.
Sorry about that. Please replace with CVS.
by minesweep
Mon Jan 11, 2021 10:09 am
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15785

Re: 2021 Hedge Fund Contest

Ob-La-Di, Ob-La-Da Fund

Long
LMT
BABA
Blue
by minesweep
Sun Jan 03, 2021 7:36 pm
Forum: Personal Consumer Issues
Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Replies: 341
Views: 25980

Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?

DoctorPhysics wrote: Sun Jan 03, 2021 7:02 pm What lawn?

Converted it all to a well designed rock and plant garden with drip.

No more mowing, fantastic way to save an hour a week.
Better for the environment too.
by minesweep
Fri Jan 01, 2021 8:58 am
Forum: Personal Investments
Topic: Happy 2021 Fellow Bogleheads!
Replies: 7
Views: 565

Re: Happy 2021 Fellow Bogleheads!

May the New Year bless everyone with health, wealth and happiness.

ABBA - Happy New Year (Official Video) 1980
by minesweep
Thu Dec 31, 2020 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 426
Views: 33477

Re: H&R Block 2020 software offer

I will be preparing federal tax returns for myself, brother & sister (our state has a tax filing system). The current price (federal only) at Amazon for H&R Block is $19.99. I was under assumption that would be for only one federal tax return filing. But I checked the question & answer ...
by minesweep
Thu Dec 31, 2020 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 426
Views: 33477

Re: H&R Block 2020 software offer

I will be preparing federal tax returns for myself, brother & sister (our state has a tax filing system). The current price (federal only) at Amazon for H&R Block is $19.99. I was under assumption that would be for only one federal tax return filing. But I checked the question & answer s...
by minesweep
Mon Dec 28, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6583
Views: 1452749

Re: What Movie Have You Recently Watched?

Richard Jewell. A must watch IMO. I agree. I watched it earlier this year. Also, on CBS this past fall was a 10 part series called Manhunt: Deadly Games . It covered the Richard Jewelll investigation and the manhunt for Eric Rudolph (the real bomber) as well. It's now on CBS Access. But I found it ...
by minesweep
Sun Dec 27, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: 2020: Lessons learned
Replies: 237
Views: 16173

Re: 2020: Lessons learned

That staying the course works. Actually I didn't just learn that fact this year. I've been doing just that since October 19 of 1987 when the Dow plunged 22.6% in one day.
by minesweep
Sat Dec 26, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Why are dividends and distributions considered income?
Replies: 63
Views: 4542

Re: Why are dividends and distributions considered income?

I know, right? :annoyed Dominoes Pizza (DPZ) pays me a dividend and I have to pay income tax on it. I use it to buy a pizza, and Dominoes counts it as their income, and pay income tax again on it. They pay me another dividend and suddenly it's my "income" again :confused What a racket... ...
by minesweep
Fri Dec 18, 2020 8:41 am
Forum: Personal Investments
Topic: HealthCare Fund
Replies: 9
Views: 730

Re: HealthCare Fund

I had the Vanguard Healthcare Fund in my IRA. I got out of it back in 2007 because I switched my IRA to all bonds (IRA made up about 27% of my total investment portfolio). However, I bought the Capital Opportunity Fund regrettably (in 2004 I believe) for my taxable account. Every year I'm stuck with...
by minesweep
Thu Dec 10, 2020 10:57 pm
Forum: Personal Consumer Issues
Topic: Oatmeal -- figuring out what I bought earlier
Replies: 71
Views: 6400

Re: Oatmeal -- figuring out what I bought earlier

I make steel cuts oatmeal in my Sanyo rice cooker (on porridge setting). Takes about an hour or so to cook (make it the night before). Goes to warm setting when done. I refrigerate the leftover portions and use microwave to reheat. 1 cup of steel cut oats, 1 3/4 cups of whole milk and 3/4 cups of fi...
by minesweep
Tue Dec 08, 2020 5:08 pm
Forum: Personal Investments
Topic: Vanguard Annuity Transition to Transamerica
Replies: 190
Views: 14448

Re: Vanguard Annuity Transition to Transamerica

Yikes! Very glad I got Mother out of this in January. Best of luck to all. I got out the Monday before the transfer occurred (my brother did as well). We inherited an annuity back in April of this year. Because the CARES act waived our RMD's for 2020 we decided getting out of the annuity was a good...
by minesweep
Wed Nov 25, 2020 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Nov 2020 Best overall no fee cash back credit card?
Replies: 18
Views: 1901

Re: Nov 2020 Best overall no fee cash back credit card?

I have the Citi 2% cash back card and the Chase Freedom card. I haven’t used my Chase Freedom card in quite while as I only use it for the 5% quarterly rotation for groceries. I received and email from Chase several days ago for the Chase Freedom Unlimited card. The offer is $200 cash back if you sp...
by minesweep
Mon Nov 23, 2020 6:57 pm
Forum: Personal Investments
Topic: When to retire - early, mid, end of year
Replies: 40
Views: 3673

Re: When to retire - early, mid, end of year

I was offered an early retirement package back in November of 2000. I was given the option of retiring on December 1 or January 1 of the new year. For tax purposes I chose the new year. Along with accumulated vacation pay there were bonus dollars given for the number of years that I worked at the co...
by minesweep
Sun Nov 22, 2020 10:01 am
Forum: Personal Consumer Issues
Topic: What charity are you donating to this Christmas season?
Replies: 145
Views: 6299

Re: What charity are you donating to this Christmas season?

The charities that I’m donating to for the month of December are:
Alex’s Lemonade Stand Foundation
Doctors Without Borders
Catholic Relief Services
by minesweep
Sat Nov 21, 2020 3:41 pm
Forum: Personal Investments
Topic: Sell bonds and go equities
Replies: 10
Views: 894

Re: Sell bonds and go equities

https://www.businessinsider.com/stock-market-outlook-sp500-surge-next-year-says-goldman-sachs-2020-11 A huge number of forecasts are predicting a continued run to 4600 SPX by end of 2022. I have 10% of a $800k portfolio in Intermediate bonds. I contribute $70k to my portfolio each year. Was thinkin...