Search found 216 matches

by jhogue
Sat Jul 15, 2017 9:11 am
Forum: Other Discussions
Topic: Buying a house, crunching numbers, and saving on taxes
Replies: 17
Views: 3723

Re: Buying a house, crunching numbers, and saving on taxes

Greg, 1. You said you were going with 5% down and a 30 year mortgage. Most mortgage lenders require private mortgage insurance if you put down less than 20%. Did you account for that ? 2. I second Desert's view on the importance of liquidity, especially for a first time homeowner. I did factor in P...
by jhogue
Fri Jul 14, 2017 11:34 pm
Forum: Permanent Portfolio Discussion
Topic: PP at new high for the year...
Replies: 54
Views: 14729

Re: PP at new high for the year...

Started my annual rebalance. Sold stocks (FSTVX) from 28.7% of portfolio back to 25.0%. Seemed like a good day to do it.

Now I have to hold my nose and buy LTTs. I hope the yuck factor will turn out to be a good sign
by jhogue
Fri Jul 14, 2017 3:37 pm
Forum: Cash
Topic: All America Bank 1.5%
Replies: 89
Views: 20600

Re: All America Bank 1.5%

Dear pugstuff, Like Harry Browne himself, I have lately come to the unfashionable conclusion that there is no substitute for US Treasury-backed securities—in cash as well as LTTs. I don’t blame the OP for chasing yield with short term cash. Like many people on this forum, I have done it myself. Lik...
by jhogue
Fri Jul 14, 2017 1:55 pm
Forum: Other Discussions
Topic: Buying a house, crunching numbers, and saving on taxes
Replies: 17
Views: 3723

Re: Buying a house, crunching numbers, and saving on taxes

Greg,

1. You said you were going with 5% down and a 30 year mortgage. Most mortgage lenders require private mortgage insurance if you put down less than 20%. Did you account for that ?

2. I second Desert's view on the importance of liquidity, especially for a first time homeowner.
by jhogue
Thu Jul 13, 2017 8:07 am
Forum: Cash
Topic: All America Bank 1.5%
Replies: 89
Views: 20600

Re: All America Bank 1.5%

Dear pugstuff, Like Harry Browne himself, I have lately come to the unfashionable conclusion that there is no substitute for US Treasury-backed securities—in cash as well as LTTs. I don’t blame the OP for chasing yield with short term cash. Like many people on this forum, I have done it myself. Like...
by jhogue
Wed Jul 12, 2017 7:15 am
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 5438

Re: Home office deduction

Try this one: Part-Time Contract Grant Writer: Good Creations LLC https://www.linkedin.com/comm/jobs/view/339795278?recommendedFlavor=TOP_N&trk=eml-jymbii-organic-job-card&midToken=AQHAB2Q67Gv5vw&trkEmail=eml-jobs_jymbii_digest-null-5-null-null-41jke0%7Ej4ztcv9f%7Edg-null-jobs%7Eview&lipi=urn%3Ali%3...
by jhogue
Tue Jul 11, 2017 8:41 pm
Forum: Cash
Topic: All America Bank 1.5%
Replies: 89
Views: 20600

Re: All America Bank 1.5%

The current I bond rate is 1.96%. Max. $10,000 per SSN. Yield of I bond currently beats money market funds, 4 year CD, and 5 year Treasury. Less principal risk than FDIC - insured CDs or bank accounts. Yes, but you must hold I-bonds for 5 years minimum or face a penalty. So a more realistic compari...
by jhogue
Tue Jul 11, 2017 12:09 pm
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 5438

Re: Home office deduction

Part time grant writing contracts available at LinkedIn.com:

jobs-listings@linkedin.com
by jhogue
Tue Jul 11, 2017 2:34 am
Forum: Cash
Topic: All America Bank 1.5%
Replies: 89
Views: 20600

Re: All America Bank 1.5%

The current I bond rate is 1.96%. Max. $10,000 per SSN.

Yield of I bond currently beats money market funds, 4 year CD, and 5 year Treasury.

Less principal risk than FDIC - insured CDs or bank accounts.
by jhogue
Sun Jul 09, 2017 10:51 am
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 5438

Re: Home office deduction

1. It seems more than coincidental that the IRS formulated the new “simplified” home office deduction in the midst of an ongoing boom in working from home. Also not coincidental is that our back-of-the-napkin calculations suggest that the “simplified” home office deduction will yield a significantly...
by jhogue
Fri Jul 07, 2017 11:50 am
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 5438

Re: Home office deduction

I take back what I said when I speculated that depreciation would probably account for the lion's share of the deduction. I blanked on the fact that Sophie was in New York City and failed to appreciate how insane the real estate and tax situations have become there. Doesn't everybody live in a paid...
by jhogue
Fri Jul 07, 2017 8:50 am
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 5438

Re: Home office deduction

Our discussion of the home office deduction sent me rummaging through old tax returns. A couple of points: 1. Re-looking my schedule C’s, I noted that my home office deduction amounted to a rather small percentage of my overall roster of expenses. I had forgotten that in a number of years, other Sch...