Personal Finance (Not Investing) • Re: Have $3m at 33, "approach to...
Just seeing this and my comment is probably not relevant, but….I have a friend who works in private equity whose dream is to quit and work at Home Depot 15-20 hours a week. Do what feels good to you...
View ArticlePersonal Finance (Not Investing) • Re: Share your net worth progression
I'll start at 2017, when life got going in the right direction. My wife started her career and we moved to a LCOL area. Household income was about $140k then, increasing to about 165k in 2022....
View ArticlePersonal Finance (Not Investing) • Re: Location-based price discrimination in...
For things I can simply pop into the store and get off the shelf, Target, Walmart and Lowes are often price competitive and faster (I am usually out and nearby). Best Buy will price match electronics...
View ArticlePersonal Finance (Not Investing) • Re: How do I file IRS Form 709 (Gift Tax...
I have to do one of these for 2024 but haven't looked into it yet. Is it something that is not overly complicated or should I have an accountant do it. I met with my lawyer last week and he said if I...
View ArticlePersonal Finance (Not Investing) • Re: FreeTaxUSA is out!
I've been a long time user of TurboTax but considering switching to FreeTaxUSA this year. One question - does FreeTaxUSA offer an option to fill out the third party designee part in Form 1040?...
View ArticlePersonal Finance (Not Investing) • Re: Klangfool Own Vs Rent Rule of Thumb
Maybe - but you would not use that same formula to sell your current townhome and rent the exact same one even though the numbers now favor that exact move.There can be a big difference between a new...
View ArticlePersonal Finance (Not Investing) • Re: Tax Question - Foreign Tax Credit
Agreed but I am talking about the converse: a taxpayer is far more likely to have their first encounter with adjusting Form 1116, line 1a because of the 32% or higher tax bracket qualification and not...
View ArticlePersonal Finance (Not Investing) • Re: Facing tough job choice - what to do?
All good points and perspectives shared for both sides (I've thought about all at some point).Someone asked about subject taught and grading time as well. It would be PE/health classes in some...
View ArticlePersonal Finance (Not Investing) • Re: Keeping inheritance separate from...
Presumably the assets transferred in the 20 transactions are simple to identify?Can’t you just transfer those to a new account?Statistics: Posted by delamer — Tue Feb 18, 2025 9:01 pm
View ArticlePersonal Investments • Re: Is it time for international
20% seems to be the maximum amount recommended...Maximum recommended by who? I don't think there is a single target date product suite among US fund companies that has int'l equities at 20% of...
View ArticlePersonal Investments • Time of day to buy or sell an index ETF?
Hello, I am with Fidelity and hold VOO,VTI and VXF in my taxable account. I am in the cumulation stage and was only buying and selling in the past for tax loss harvesting purposes. Once time comes for...
View ArticlePersonal Finance (Not Investing) • Re: HSA & medical deduction on taxes
If you contribute to a HSA in a given year but do not withdraw from it during that year can you deduct all of your out of pocket medical expenses on your taxes? I know that the federal threshold is...
View ArticleInvesting - Theory, News & General • Re: Bonds in taxable warning is...
VCLAX long term CA muni bond fund current yield 3.68%. If I had no taxes I'd prefer FUAMX intermed treasuries with current yield 4.47%. That's an opportunity cost/tax drag delta of 79 basis...
View ArticlePersonal Finance (Not Investing) • Re: H&R Block problems with Michigan...
I started with the HR Block customer service link. It all seems related to using the software and not reporting possible errors in the software.Statistics: Posted by TLT — Wed Feb 19, 2025 9:06 pm
View ArticlePersonal Finance (Not Investing) • Re: 1099-R form question
Thank you very much for your response! Does that mean she will also be responsible for paying the 10% penalty, even if it was a conversion, in addition to the tax? Additionally, the H&R tax...
View ArticlePersonal Finance (Not Investing) • Re: financing car and investing the money...
I wanted to clarify, this is where I have the entire principal amount $75762 in a MM and then I pay out of a separate fund (my regular work paychecks) the actual car payment, so the MM account will...
View ArticlePersonal Consumer Issues • Re: bathroom renovation
Remodeler math can go like this:Value of your house when project is doneminusCurrent value of your houseequals Project bid amount. Top end remodelers may add a 20% kicker.The number of 2x4s or tiles...
View ArticlePersonal Investments • Re: TIPS in Roth or Taxable?
I wouldn't let taxes overwhelm your thinking. I have a lot of TIPs in my IRA but also a lot in taxable. As another writer said, you will only pay the taxes once so if you pay them earlier it's not...
View ArticleInvesting - Theory, News & General • Re: Boglehead Method for Achieving...
Current age: 39, 38(wife). Net worth 4.4mil, maybe 10% of that is inherited/gifted. Combined salary after undergrad in 2009, 140k, steadily risen to ~300k in 2025. We were DINK's until 2021. So its...
View ArticleInvesting - Theory, News & General • Re: I-bonds VS TIPS: Is the Lower...
TIPS spit out coupon payments, so unless you spend those you have to reinvest them somewhere. I-Bonds do not have coupon payments, so yes, I-Bonds compound, and no, TIPS do not.But the lack of...
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