All Forum Posts by: Dan Rudolph

Internal Rate of Return:  The Microsoft Excel XIRR function returns the internal rate of return for a series of cash flows that may not be periodic. ... just feed it dates and cashflows (positive or negative).  At the end of my cashflow series, I place today's date and the current value.

"Today, the total value of the U.S. stock market as a percentage of GDP is about 2.0. That’s significant because the highest it’s ever been in the past was 1.9 in 2000. John Hussman, a former professor of economics at University of Michigan, says that the U.S. stock market is “at the most offensive level of overvaluation in history” and believes that the expected 10-year return of the market is less than zero."

Pretty tempting time to get out of the market.  Gotta do something with it.  But BA Real Estate??? ;-)

@Dan Sheeks good article.

I am interested in offering to teach a class in Finances to teenagers at my church's homeschoolers group.

Does anyone have a pre-prepared curriculum to suggest?  Thanks.

My Medicare premiums are being withheld from my social security check.

Quick question:  Are Medicare premium payments pre-tax or after-tax?

And if after-tax, why is the SS Administration not including this amount in the withholding calculation???

"it may be good for churches, and other service based organizations to try and play more of a role in this topic."

Is there any good teaching material out there?

I appreciate all the help.  And I gave incomplete info.  My "business" is a farming operation.

@George Blower said "either spouse's contribution will need to be based on their respective line 31 of schedule C."

I don't have a schedule C, I have a schedule F, filed with our joint return, and it has one number for "net farm profit".

So I am still confused about my what number to start with when doing the calculation for my wife and I.  Is the maximum contribution amount split between us, or???

And I thought this was an easy question ....  :-|

My wife and I are the sole proprietors of the business that that sponsors our solo 401k (unincorporated sole proprietorship).  That business will probably make a total of $30K in 2018.  I understand that this calculates to a maximum contribution of $27,880.

However, does this mean that:

1. I can contribute $27,880 if my wife contributes nothing?
2. I can contribute only $27,880 / 2 = $13,940 regardless of what my wife does?
3. We can *both* contribute $27,880?

Thanks for any help you can provide.

The $100K withdrawal would be added to your current income and you would be taxed on the total in the higher tax bracket.  It is regular income.

Really bad idea.  Read this:  https://www.fool.com/investing/general/2015/10/02/...

Under certain circumstances, you can roll-over your 401k to a self-directed IRA and buy a rental property from your IRA.

1. You no longer work for the company that sponsors the 401k.

2. You have reached a certain age, 59 1/2 for many plans.

3. If you rolled an old-employer 401k into a new-employer 401k, you can access that portion that you rolled over.

But if you buy real estate from your IRA, YOU ARE GOING TO HAVE TO GAIN SOME UNDERSTANDING of the limitations. Some people claim that changing a light-bulb in your IRA-owned rental property is self-dealing.

I use both.  IMO Mint is better for savers and PC is better for investors.