horsesandbulls

re: Advice

Posted by horsesandbulls on 4/25/25 at 4:42 pm

If you fired your FA without a plan, then I suggest looking up the 3 fund portfolio and dump all in at once. Time in the market beats timing the market. Especially if you have a 20 Year time horizon.

You should consider a traditional or Roth IRA as well and investing inside of that. I’d say consult with your FA on which is better for your situation but sounds like
You’ll need to do a bit more research without one to explain it to
You.

Curious, what specifically caused you to leave?

re: Skenes, Shaq, or Burrow?

Posted by horsesandbulls on 4/19/25 at 4:57 pm

That kid jayden

Tiger Rant

re: HSA suggesions

Posted by horsesandbulls on 4/15/25 at 11:39 am

I also use lively and Charles Schwab.
Have heard great things about fidelity. I think fees may be slightly lower on fidelity to trade

re: Tax weekend I feel bad right now.

Posted by horsesandbulls on 4/15/25 at 8:49 am

Has he heard about write offs?

re: Tax weekend I feel bad right now.

Posted by horsesandbulls on 4/15/25 at 7:35 am

Pay it today, or the underpayment penalties and interest start.

re: Posters that have lost multiple parents (yours or in-laws)... a question

Posted by horsesandbulls on 4/14/25 at 12:47 pm

The biggest mistake I have seen is the parents giving children assets before they pass on. That’s all fine and dandy until the heirs go to sell the asset, especially if it’s real estate. You will not be able to take advantage of stepped up basis in the property if you receive ownership before they pass away.

Spend some money talking to an estate attorney and cpa about both sets of parents estates and succession of assets.

re: What Is The Most Bizarre Death You’ve Ever Heard Of?

Posted by horsesandbulls on 4/12/25 at 2:08 pm

I think we went to the same hs if you’re from br but she was about 4-5 years older than me.

re: Anyone ever set up payment plans with the IRS to pay taxes?

Posted by horsesandbulls on 4/11/25 at 4:10 am

You still pay interest on any balance owed so you are voluntarily paying more.

But you can apply online. I think there’s a application fee as well.

re: CPA Costs for Taxes

Posted by horsesandbulls on 4/3/25 at 9:45 pm

FLA CPA here. If all that on just a 1040, we’d charge 900-1200 including the state return.

If your business requires a separate return it would start at 995 and then expect some hourly charges for cleaning up whatever state they are in to get them ready for tax prep

re: Opportunity cost of RMD tax reduction strategy

Posted by horsesandbulls on 3/29/25 at 11:00 am

Consider Qualified Charitable Donations if you have enough coming in from everything else to live off of. Can donate up to RMD amount and you won’t pay tax on the distribution.

Talk to your advisors about it.

re: Anybody Ever Eaten Fiddlehead Fern?

Posted by horsesandbulls on 3/25/25 at 10:57 am

Cooked with them up in Maine around mid may years ago. Delicious.

Food and Drink

re: The Electric State

Posted by horsesandbulls on 3/16/25 at 4:50 pm

I watched it Friday. Would like those two hours back.

Movie/TV Board

-1

re: Wheel of Time S3 discussion -spoiler thread

Posted by horsesandbulls on 3/13/25 at 11:05 am

I recently finished book 2. So figured I’d watch season 2.

Spoiler:

The fight with the head of the seanchen or however you spell it was dumb. I really wanted to see it come to life because of the way it was written.

And the final battle was dumb and felt like “power of friendship” defeats the darkness kinda bullshite.

I’ll finish book 3 before starting this but hope the show ends soon.

Movie/TV Board

re: Did you any of you suddenly have a dramatic increase in Hangxiety in your 40s?

Posted by horsesandbulls on 3/11/25 at 9:43 am

The day I turned 30 my hangovers became unbearable.

I still drink but rarely get drunk.

22 year old me could not process this thought.

I don’t miss it.

re: Anybody go to the Bacchus ball? Apparently Shaq was not a great king.

Posted by horsesandbulls on 3/6/25 at 5:58 am

Aren’t all events made up?

re: Meta Glasses anyone who owns can give real life pro/cons?

Posted by horsesandbulls on 3/3/25 at 10:15 pm

Actual response:

I got my wife (no pics) a pair for Christmas. Took em on vacation to Canada and ended up with a ton of pictures. She bought me a pair for Valentine’s Day.

They are badass. Haven’t had battery issues allegedly mentioned but then again don’t have a far commute to the office.

They are easy to set up and pictures sync to your phone without issues.

Sound quality is nice and gives my ears a break from my ear buds that I wear 9 hours a day.

If the price tag isn’t an issue, grab em.

re: Due to Elon's latest revelation...

Posted by horsesandbulls on 3/3/25 at 9:45 pm

What year is it?

re: Stevan Ridley on Julian Edelmans’s podcast talking about LSU

Posted by horsesandbulls on 3/1/25 at 11:55 am

quote:
Gronk to bogies

VIP section on the stage that night.

Tiger Rant

re: Tell me the 2025 cap gains of $250ksingle/$500kfiling jointly will increase per inflation

Posted by horsesandbulls on 2/28/25 at 5:53 am

It sucks but that means your house appreciated 700k if you are married. That’s amazing!!

Reach out to her and see if she can give you an estimate on cap gains tax estimate.

Any major upgrades like roof, ac, remodels, etc will add to your basis and reduce capital gains. As will selling costs that you paid.