[Coronita]

still happy I took $$$ out of the market and paid off my house last year, though I wish at this point, I took more out and paid off my last rental too.

Damned if you do, damned if you don’t.

That said, I’m excited to be getting my first ESPP plan purchase tomorrow from my new company.

However, the name of the game will be “sell”. My company’s stock has been ridiculously volatile, and I wouldn’t be surprise if we see a +-15% swing in less than a week, which would defeat the purpose of the ESPP purchase. U know, one of those “unicorn” tech companies, so people say.

[Coronita]

Holy sheet… These went up pretty fast… I wish I bought more at $1160 last week…

http://www.ebay.com/itm/111867173400

$1325/ounce

But looks like apmex is running a special on the buffalo $44 above spot (ouch)

http://www.ebay.com/itm/SPECIAL-PRICE-2016-1-oz-Gold-American-Buffalo-Coin-Brilliant-Uncirculated/121859171597

$1284

[Coronita]

[quote=bibsoconner]Where are you seeing rates < 3? I see 3.143% APR at Chase. That seemed about the best I could easily see. I'd welcome recommendations as I'm currently have a 30 yr 4.125 APR I'm thinking of refinancing (to a 15 yr). Cheers, Dave[/quote] Provident Funding https://www.provident.com/

[Coronita]

[quote=mixxalot]Is there a way to determine a real gold or silver coin from a fake when buying from a coin store in San Diego like San Diego Coin and Vault or BlueVault? I did not like the wait and check only policy at these places. If I pay 10K to buy gold, I want to take possession that time of purchase![/quote]

That’s what I was thinking if getting that plastic tool. Yes it’s overpriced, but buying from the mint is paying like $200/ounce above spot prices. So if you buy more than 2 ounces elsewhere, you are even.

[Coronita]

BTW: guys. I’m thinking that I’ll probably make this coin buy thing regularly…Are you guys buying the fisch, as was suggested earlier?

https://www.thefisch.com/

It’s kind of expensive around $300 if you get the complete package…

Then again, it might not be a bad idea…

[Coronita]

I wish I bought more of the maple leaf last week, looks like everything is selling for almost $100/ounce more….

There was a american eagle selling for $1219 from apmex but it’s gone now. drat.

[Coronita]

[quote=Balboa][quote=FlyerInHi]

You can gift the maximum in shares to your kids every year, tax free, before the shares appreciate. That’s why rich people send $14,000 gifts to all their kids and grandkids every year.[/quote]

Slightly more nuanced: You typically don’t have to start paying taxes on gifts you give until after you’ve already given out about $5.5 million.

The $14,000 figure is the amount you can give someone in one year without notifying the IRS of the gift — meaning that $14,000 isn’t counted against the $5.5 million lifetime maximum exemption. And you can give a $14,000 gift each year to as many people as you want and still not report it.

If you’re married, you can give $14,000 to someone and your spouse can give another $14,000 to the same person that year — still no reporting. It can be from the same account, even — just different people signing the checks.
[/quote]

Yes, true and true.

[Coronita]

[quote=FlyerInHi]The treshold is $10.9 million.

http://www.forbes.com/sites/ashleaebeling/2015/10/22/irs-announces-2016-estate-and-gift-tax-limits-the-10-9-million-tax-break/#49e0e3d36a7c

People who are very wealthy started their own companies. But their would have gifted their shares to trusts early on when the companies were worth very little.

You can also move to Singapore or Puerto Rico for a certain minimum time to sell your appreciated shares, tax free. Not sure if those places have estate taxes.

If you wonder if Ivy League is a good investment vs a UC, then you don’t need to worry.
In comparison, a lot of foreigners invest 1 million bucks in US hotels so they can get green cards and their kids can go to college in USA. They just park a min of $1 million in shares of a hotel that can apportion them 10 employees.[/quote]

Again. That’s for now…

[Coronita]

[quote=FlyerInHi][quote=flu]Save a lot of money for your kids and wait until you die to transfer wealth=> get taxed a lot with inheritance tax… You know they’re coming for this…..

Why be so frugal only to have your wealth re-distributed to someone else not even in your family?

That’s why I stopped being ultimately cheap. You never know when you’re going to go, and you got to enjoy life some way (albeit moderately)..

Saving a few hundred bucks here and there on computers you buy maybe every 5-6 years isn’t going to make a dent in your retirement or how much wealth is transferred to your kids. That couple of hundred dollars you saved, you might have left it in the stock market and lost just as much by not spending it. Like if you bought oil ETF’s….lol.[/quote]

Estate taxes only affect a few thousand people a year. I think about 5000 estates out of the total number of deaths. Joe the plumber doesn’t need to worry.

But with the proper estate planning you can pass on a whole estate to your heirs tax free. Transfer a little every year when the basis is lower.[/quote]

True.. As it stands right now…certain parts of the population however are interested in significantly increasing it though, no?

The point being. Don’t count on the same rules being there in the future. Rules change. And sometimes people make up new rules as you play the game.

[Coronita]

Save a lot of money for your kids and wait until you die to transfer wealth=> get taxed a lot with inheritance tax… You know they’re coming for this…..

Why be so frugal only to have your wealth re-distributed to someone else not even in your family?

That’s why I stopped being ultimately cheap. You never know when you’re going to go, and you got to enjoy life some way (albeit moderately)..

Saving a few hundred bucks here and there on computers you buy maybe every 5-6 years isn’t going to make a dent in your retirement or how much wealth is transferred to your kids. That couple of hundred dollars you saved, you might have left it in the stock market and lost just as much by not spending it. Like if you bought oil ETF’s….lol.

[Coronita]

Bump… Ok I took one of your suggestions.

I just bought one Canadian Maple Leaf from apmex on ebay for $1160….

http://www.ebay.com/itm/111867173400

I’ll see how it goes. It’s interesting that they only charge about $29 above spot prices and they are routinely updating it….

The problem is that I paid with paypal and my stupid paypal account had a bank account linked to it in addition to my credit card. I forgot to select which payment option, so it defaulted to my bank account which has no money. I tried to call paypal and change the transaction to fund from my credit card, but they said they couldn’t do it.

Paypal sucks…I had to call my bank to do a stop payment, and when that happens paypal will charge my credit card.

The stop payment will cost $30, but it’s better than getting an insufficient fund fee of $50….I think I also managed to convince the bank to waive the stop payment cost (courtesy 1 time every 2 months), and I finally figured out a way to remove the bank account from paypal so it only goes to my credit card….

Anyway, self induced problems. I’ll see how this goes. Maybe I’ll try to buy one coin every one-two months (not all from ebay)….

[Coronita]

[quote=mike92104]Were you able to see what the plume smelled like? Turbo seals do fail. The turbo on my liberty uses a bushing rather than a ball bearing for the turbo shaft. They are known to fail, and sometimes catastrophically causing all the oil to be dumped into the intercooler.

A couple other things to look at. Is there any oil in the coolant reservoir? Subarus have head gasket issue, and the normal signs are an occasional slight rise on the temp gauge after a long hill climb, and oil floating in the top of the coolant reservoir. Another thing you could do is send your oil off for analysis. The should be able to tell you if there is any coolant in it.[/quote]

It didn’t smell anything more or less than normal condensation I think. I’ll try again. I think I have a few brain cells left that I can spare in case the CO kills those.

The coolant looks clean. Its pink/purple as G12 coolant should be. My oil temp sensor died at 80k miles so I wouldn’t know if its higher than normal.

[Coronita]

[quote=Hobie]Actually Brian, Flu’s car is actually not contributing to the smog problem. It’s the non-visible stuff that is bad.[/quote]

Funny part is my miata is a worse offender and it passed easily.

[Coronita]

[quote=Hobie]Good idea! Might throw a code, no biggie.[/quote]

Actually that it might be a big deal if cel goes on because I think the smog test does a obd2 scan

[Coronita]

Hey. I just thought of something techies. If I disconnect the power cable to the by passvalve, the valve will stay open to the wastegate. This would cause the wastegate to stay open and vent the exhaust gas out to the exhaust rather than the turbine. If a turbo doesnt spool, it shouldn’t leak right?

Hmm. I think I am qualified to work for VW.

[Author]

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