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  1. JPatrick

    Tax Nightmare

    I know some of us have had problems with the Fidelity "free turbo tax" but this is a new one for me. I used turbotax for my 2020 returns both state and federal. All seemed to go well until this week. I received a notice from the state that I still owed ~ 2000 in taxes and a penalty. It's a...
  2. JPatrick

    Free Turbo tax From Fidelity

    I know many have seen/used the free state/federal tax prep offer from Fido. As in past years I used the offer. When I finished the tax drill there was no indication that Fido was going to pay so I contacted them (FIDO) by phone. After many minutes of being passed around they finally gave me a...
  3. JPatrick

    Any Ideas for a Fund/ETF to Cover Europe?

    I need to get a bit more exposure in the European countries. I have China covered with FHKCX which turned out to be a 52% performer this year, but I need more Europe. Any ideas?
  4. JPatrick

    RKUS Buyout

    If you got into RKUS on the cheap, you may now dance around a bit and raise a ruckus :rolleyes:. Premarket has it up +33% on buyout story.:dance::dance: . . . . Oh, and hope it holds:blush:
  5. JPatrick

    Santa Fe NM Trip--Need Advice

    DW and DD are putting together a 4/5 day July visit to Santa Fe (I may join them if the plan sounds good) primarily to take in the art exhibits that take place then. It has been many years since any of us traveled there, so the slate is quite blank. Would like advice on local attractions...
  6. JPatrick

    AAII--Any Members Here?

    I've thought about joining for years, but never taken the plunge. Now I find myself considering it again--$29 for a year. If you are a member, tell what you think about the value of a subscription. I consider myself an experienced investor, but also smart enough to know there is always more to...
  7. JPatrick

    The May 2014 I-Bond Rate

    It's that time again, when we play guess the new inflation component that will take effect May 2014. From what I've read, the expert guessors are looking for a variable rate of 1.83%, which when added to the fixed rate of .20 gives us a fairly sweet rate exceeding 2%. Will the current fixed rate...
  8. JPatrick

    Ready for Another Ten Best States?

    For retirement that is. As usual I agree with some, and shook my head at the others. YMMV The 10 best states to retire in - Slide Show - MarketWatch
  9. JPatrick

    Another Wahoo??

    Yes! Wahoo Two exists, and he lives at Seaworld Florida.
  10. JPatrick

    Appreciate Some Florida Guidance

    Florida trip coming up shortly, and despite reading the wealth of info search provides, I still have questions. Our lodging is locked in, but activites are a question mark--somewhat. Our first stop is The Villages, and then on to Naples for 2 days. The goal there is to see a bit of the glades...
  11. JPatrick

    This COLA has no Fizz

    (Yes, the FIZZ business is mine):coolsmiley::coolsmiley: PORT WASHINGTON, N.Y. (MarketWatch) — If you are counting on seniors to help jump-start the economy because of the Social Security cost of living adjustment (COLA) they are scheduled to receive early next year — forget about it! This...
  12. JPatrick

    If You Can't Win--Cheat?

    I've been toiling for several weeks now trying to make a go of the CNBC portfolio challenge. You manage up to five portfolios for X number of weeks with the winner getting a million bucks and along the way chances for other big time goodies. So I started with 5 portfolios, each with a different...
  13. JPatrick

    Under the Covers With T&A

    With flashlight in hand, and the covers over my head I broke out the T&A book last night. Some great looking pictures of--------------------------------CHARTS!! Hey, the indicators I follow are all positive. Today could be a great short covering rally. A bit of good news from the EU over the...
  14. JPatrick

    Here's Your COLA

    WASHINGTON – Some 55 million Social Security recipients will get a 3.6% increase in benefits next year, their first raise since 2009 Social Security increase will be 3.6% in 2012
  15. JPatrick

    Supersize Handyman--Deal or No Deal?

    Sure I have bigger better things to fuss about, but this irked me. I know The Family Handyman magazine has lots of readers here, I am quite a fan myself. So today I receive the November issue--and a letter: The letter sings the praises of the issue I hold in my hand. It has twice as many...
  16. JPatrick

    European Problem Solved? It's a Secret

    :rolleyes:. CHICAGO (MarketWatch) — German Chancellor Angela Merkel and French President Nicolas Sarkozy said on Sunday they’ve reached an agreement to strengthen the European banks, but wouldn’t go into details, according to published reports. Merkel, Sarkozy agree to strengthen Europe banks -...
  17. JPatrick

    Malware Alert

    I'm getting daily SPAM alerting me to a problem I have with the IRS.. Comes with impresssive IRS graphics/forms and all, but my research shows that this beast has been around before and is now being given a second run. Below is the opening line of the scam. I modified the assigned number. "...
  18. JPatrick

    Retirement Income-A Decent Read

    This article pretty much hits all the bases. Most of it is the same old stuff, but I did find a couple of nuggets regarding foreign inflation bonds and an available ETF that I plan to investigate. Has a pretty good section on annuities that will get you up to date if you have been ignoring the...
  19. JPatrick

    55%, 80%, Nay, it's 135%!!

    The replacement ratio rule of thumb suggests you might need 75% of your current salary from a variety of sources — be it Social Security, personal assets (a 401(k) and IRA, for instance), earned income (yes, you’ll likely be working in retirement), and the like — to enjoy the same standard of...
  20. JPatrick

    Got a Dream Life?

    Here's some light reading for your Labor day. It's about people living their dreams, mostly extreme. Like the 72,000 square foot house being built in our neck of the woods. Actually, my dream is a bit simpler. How about a 20 X 20 workshop? Probably won't make next years article. Dream Life -...
  21. JPatrick

    Am I Correct About I-Bonds?

    Now that the fed has essentially locked in low rates for some time to come, those I-Bonds are looking pretty attractive. Please tell me if I am figuring the rates correctly. First off, I'm assuming the inflation kicker in November will look pretty good. Of course the current total rate at 4.6 is...
  22. JPatrick

    Anyone Diving in Today??

    Stocks that is.. This is really getting ugly, but I found the courage to take on a position in DVY earlier.. Difficult to go beyond that unless we get a solid upside close today.
  23. JPatrick

    Annuities..You need one..Really

    many more Americans should be buying annuities, he says. Insurance companies structure annuities in a variety of ways; one common option is an annuity that pays out a regular income stream that ends when the recipient dies. For most Americans, especially healthy people who expect long lives, it...
  24. JPatrick

    Any Garzarelli Fans?

    Elaine is about the only market guru I bother to listen to. Listen to lots of reseachers, but she is the only stock picker/forecaster I have faith in. She only speaks to the nonpaying public about twice a year. Below is the meat of what she currently thinks/recommends. For FIDO customers, you...
  25. JPatrick

    Tax on Oil Lease Revenue

    We are pretty close to inking a deal to lease our mineral rights (farm land) to an oil company for a five year term. Involves the typical upfront lease payment and future profit sharing. I've already taken care of step one--ice down champagne---but I'm wondering about the tax implications of...
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