Personal Finance (Not Investing) • Re: Long Term Care for MIL...
MIL lives in a house with her (unhelpful/younger/healthier) sister.The house is joint ownership with right of survivorship.Did you discuss this with the elder attorney? Need to understand how that...
View ArticlePersonal Finance (Not Investing) • Sell Berkshire stock for Downpayment on...
What's better: Selling Berkshire Hathaway stock to make 20% down payment on house, or keep Berkshire stock and borrow nearly 96.5% of purchase price? A decision I am evaluating.Statistics: Posted by...
View ArticleInvesting - Theory, News & General • Re: Expectancy of selling options
What is your hedge ?They're covered--I own the underlying.Statistics: Posted by bd7 — Sun Jun 09, 2024 5:27 pm
View ArticlePersonal Consumer Issues • Re: Question regarding career direction
There will always be boring parts to any job. Automate all the boring parts that you can. These are the things ripe for AI implementation ,maybe you come up with a good AI solution to cyber security....
View ArticlePersonal Consumer Issues • Re: Windows/Doors are the New Timeshare Dinners
They make huge profit on those, and the cost of the meal is absolutely nothing to get you in there. At least at home you can forcefully eject them. It’s not worth the meal in my experience.They’re not...
View ArticlePersonal Finance (Not Investing) • Can My Korean-born Wife Correct Her...
My wife was born in South Korea when it was still a third world country. At that time, it was up to her father to go to a government office to record her birth. He did not go to the office until 68...
View ArticlePersonal Finance (Not Investing) • Re: Paying Estimated Taxes Directly from...
I have most of my cash in Ally Bank, but I make my estimated tax payments from my credit union checking account. That means I make four transfers every year from Ally to the credit union. I don't...
View ArticlePersonal Consumer Issues • Re: Dimmer Switches
Not all LED bulbs are supposedly dimmable in the first place. It may be that [some of] your bulbs fortuitously worked.Statistics: Posted by livesoft — Mon Jun 10, 2024 5:38 pm
View ArticlePersonal Finance (Not Investing) • Re: Do I have too much real estate ?
First of, what would I do with all that money ?In Canada you have tax-advantaged retirement accounts (I think they're called RRSPs?) that are similar to IRAs, 401Ks, etc. in the US. Can you increase...
View ArticlePersonal Investments • Re: Roth/Tax question
You should absolutely be filling up the first few tax brackets (at least through 12%, probably 22%) with Roth conversions.It sounds like you've got a good handle on the tax costs and the benefits. Try...
View ArticlePersonal Finance (Not Investing) • Re: Term Life Review
While your thinking seem very logic, I would like to add a few other things to consider:If you're taking out life insurance on yourself, consider taking out a policy on your spouse as well.Once the...
View ArticlePersonal Finance (Not Investing) • Re: Fidelity as a one stop shop
Called today, and the script is exactly the same as cb474's-BNY sent me to Fidelity in Denver, they put in a work order. Said should happen in 5 days. We'll see, but at this point, I am thinking it...
View ArticlePersonal Investments • Re: So I fired my financial advisor …
The concern here is the increase in my state tax over a certain threshold of income.OP: You've brought up cap gains/taxes numerous times and almost as many times, folks have asked in one way or...
View ArticleUS Chapters • Re: New Spokane-Cd'A Area Chapter
What are the duties of a Local Chapter Coordinator? What kind of time commitment is there?Statistics: Posted by AnswerMan — Mon Jun 10, 2024 5:48 pm
View ArticlePersonal Finance (Not Investing) • Re: Term life insurance with significant...
Rates start shooting up on medical issues. It is why at times I will post to various threads it is best to buy sooner/longer terms when healthy since you have no idea when you will have a health issue...
View ArticlePersonal Investments • Re: Pre-tax vs Roth for HNW
I'm waiting for the online version of Pralana, specifically to help with this question of Roth conversions in the context of future RMD and IRMAA. My home-brew spreadsheet attempts do not inspire...
View ArticlePersonal Investments • Re: Consolidating traditional IRAs
Given that your primary goal is simplification, I wouldn't choose one over the other since they each contain only one mutual fund.I agree with simplifying as much as you can, by the way.Thanks; a...
View ArticlePersonal Investments • Re: TIAA Teachers Personal Annuity
I would not be surprised if she invested about the same amount of money in both the fixed and stock index funds, but the stock has grown to be much larger over nearly 30 years!I didn't, actually. I...
View ArticlePersonal Finance (Not Investing) • Re: Use retirement funds to pay off LARGE...
Without a Roth IRA distribution, how long will it take you to pay off this tax bill?If you pay off the tax bill with a Roth IRA distribution, are you able to pay your living expenses, taxes and add...
View ArticlePersonal Investments • Re: Organizing expenses at college
I highly recommend the YNAB (You Need a Budget) app. First year is free for college students.I think it’s about $100/year, but I’d happily pay far more. (Shhh…don’t tell them!) It’s what helped us get...
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