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Forum: Life after FIRE 04-18-2014, 05:07 PM
Replies: 80
Views: 3,514
Posted By youbet
There is a wide gap between "hiding" the fact...

There is a wide gap between "hiding" the fact that you have enough passive income to not be formally employed and consider yourself RE'd and "bragging" about how you suceeded in assembling a large...
Forum: Young Dreamers 04-15-2014, 02:04 AM
Replies: 105
Views: 5,221
Posted By youbet
So no one should have children? Too much can go...

So no one should have children? Too much can go wrong! All human reproduction must stop immediately and permanently. Earth will be a better place in a few decades!
Forum: FIRE and Money 04-14-2014, 11:03 AM
Replies: 7
Views: 829
Posted By youbet
When you say that "you walked," did you go DIY? ...

When you say that "you walked," did you go DIY? Or are you still paying "the bribe," just less?

As I recall, Michael paid nothing as opposed to finding another corrupt politician who would...
Forum: Health and Early Retirement 04-14-2014, 10:45 AM
Replies: 43
Views: 1,558
Posted By youbet
My comments weren't meant to address the needs of...

My comments weren't meant to address the needs of those who can't afford either low deductible policies or paying high deductibles. Rather, I was trying to address the issue of "human nature" and its...
Forum: Health and Early Retirement 04-14-2014, 09:40 AM
Replies: 43
Views: 1,558
Posted By youbet
There ya go........ I suppose most everyone...

There ya go........

I suppose most everyone has issues with insurance regarding the trade off between premiums and deductible levels. I struggled with picking a deductible level for my home...
Forum: Young Dreamers 04-12-2014, 07:48 PM
Replies: 105
Views: 5,221
Posted By youbet
It's a wonderful thing when folks who don't want...

It's a wonderful thing when folks who don't want children don't have children, that's for sure.

Sometimes having kids is like having a friend who keeps calling you to help them with computer...
Forum: Other topics 04-11-2014, 08:38 AM
Replies: 61
Views: 2,260
Posted By youbet
DW and I chose to remain "friends who bug us with...

DW and I chose to remain "friends who bug us with their computer problems - free."

An Ann Landers survey showed folks who do not remain in friendships with friends that cause them to go off on...
Forum: FIRE and Money 04-10-2014, 03:19 PM
Replies: 58
Views: 1,707
Posted By youbet
Trade individual equities, not funds. Sorry...

Trade individual equities, not funds.

Sorry if I was not clear.
Forum: FIRE and Money 04-10-2014, 03:15 PM
Replies: 58
Views: 1,707
Posted By youbet
What we are investing in is the key thing for us....

What we are investing in is the key thing for us. We are using the non-deductible IRA for short term recreational trading and it has advantages over a taxable account for that purpose. And an...
Forum: Young Dreamers 04-10-2014, 02:27 PM
Replies: 10
Views: 402
Posted By youbet
S and P 500 plus market completion fund. You can...

S and P 500 plus market completion fund. You can be identical to TSM or lean a bit large or small depending on your outlook each year.
Forum: FIRE and Money 04-10-2014, 01:36 PM
Replies: 58
Views: 1,707
Posted By youbet
Actually, that's not true. Annuities do not...

Actually, that's not true. Annuities do not allow you to trade individual positions and have higher fees.
Forum: FIRE and Money 04-09-2014, 08:15 AM
Replies: 58
Views: 1,707
Posted By youbet
That seems to be the bottom line. Based on...

That seems to be the bottom line. Based on comments in the thread, it seems individual circumstances dictate whether a non-deductible IRA works out favorably or not. I funded non-deductible IRA's for...
Forum: FIRE and Money 04-08-2014, 05:21 PM
Replies: 58
Views: 1,707
Posted By youbet
During your earning years, was your income low...

During your earning years, was your income low enough that you qualified to contribute to deductible IRAs or Roth IRAs? Are those what make up your deferred accounts?
Forum: FIRE and Money 04-08-2014, 02:29 PM
Replies: 58
Views: 1,707
Posted By youbet
We are discussing contributing to a...

We are discussing contributing to a non-deductible IRA when your income does not allow you to either deduct a TIRA contribution or to contribute to a Roth IRA.
Forum: FIRE and Money 04-08-2014, 02:21 PM
Replies: 69
Views: 3,453
Posted By youbet
Most may, as you say, track year by year starting...

Most may, as you say, track year by year starting Jan 1 but that's certainly a poor way to do it. I always look at multiple time frames and trends to try to get a more complete and telling picture...
Forum: FIRE and Money 04-08-2014, 09:38 AM
Replies: 58
Views: 1,707
Posted By youbet
+1 Doing form 8606, including figuring...

+1

Doing form 8606, including figuring pro-rata withdrawals for either spending or Roth conversions is a no-brainer. Years ago, I fretted over it thinking I'd need a team of CPA's. When I...
Forum: Other topics 04-08-2014, 09:27 AM
Replies: 61
Views: 2,260
Posted By youbet
Agree with OP completely. And it's not just...

Agree with OP completely. And it's not just computers........... I think anytime you rely on someone else to keep your world spinning, it's a big mistake. Whether it's a buddy who is an auto...
Forum: FIRE and Money 04-08-2014, 08:52 AM
Replies: 58
Views: 1,707
Posted By youbet
If you're holding one of those Penn Fed 3% CD's...

If you're holding one of those Penn Fed 3% CD's in your taxable account, how do you pay less than "ordinary rates" on the interest?
Forum: FIRE and Money 04-08-2014, 12:20 AM
Replies: 58
Views: 1,707
Posted By youbet
How about deductiblle IRAs if your income is low...

How about deductiblle IRAs if your income is low enough to qualify?

Or 401k beyond the match?
Forum: FIRE and Money 04-07-2014, 08:22 PM
Replies: 7
Views: 489
Posted By youbet
Tough call....... The 7% tax free return is...

Tough call.......

The 7% tax free return is nice. But, the downside of the use it or lose it criteria shouldn't be overlooked.

You could always compromise and spend it down slowly, say over the...
Forum: FIRE Related Political Topics 04-07-2014, 06:15 PM
Replies: 131
Views: 5,943
Posted By youbet
Emanuel and Quinn are similar and consistent in...

Emanuel and Quinn are similar and consistent in their approach: Forecast extremely bad news and then back off to just bad news.

"All public employees will be gathered in concentration camps where...
Forum: FIRE Related Political Topics 04-07-2014, 06:05 PM
Replies: 131
Views: 5,943
Posted By youbet
I think you're confused imoldernu. Mayor...

I think you're confused imoldernu. Mayor Emanuel's proposal would NOT apply to state employees.
Forum: FIRE and Money 04-07-2014, 05:48 PM
Replies: 7
Views: 489
Posted By youbet
What happens if you die? Your spouse? Both of...

What happens if you die? Your spouse? Both of you?

Are you still working? If this is a benefit of employment, what happens when you retire?

Of the "use it or lose it" issues, what are...
Forum: FIRE and Money 04-07-2014, 05:16 PM
Replies: 58
Views: 1,707
Posted By youbet
It comes out on a pro-rata basis. If at...

It comes out on a pro-rata basis. If at withdrawal time, half is basis and half is earnings, then half is taxed as ordinary income. TurboTax does this for you and it's not complicated. Since every...
Forum: FIRE and Money 04-07-2014, 04:17 PM
Replies: 58
Views: 1,707
Posted By youbet
That may be a good thing. Years and years of...

That may be a good thing. Years and years of ordinary interest and short term cap gains compounding on a tax delayed basis while you're in the 33% marginal bracket followed by withdrawals while...
Showing results 1 to 25 of 7417

 
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