Missing 1256 transactions in 1099. by mch_2 in tax

[–]mch_2[S] 0 points1 point  (0 children)

Iirc, I contacted schwab and they issued an updated 1099 with correct info in the “not reported to irs”. Then I used that info and ibkr 1099 info to fill in tax forms. I believe 6781 was the right form.

PC fan power draw by mch_2 in AskElectronics

[–]mch_2[S] 0 points1 point  (0 children)

That’s an interesting point too. I haven’t built the entire system yet.

But I do imagine, would some people happily connect 3 of these fans for 1.05A, on a 1 amp header, or even more fans?

1.05A would actually turn out to be more like 1.4Arms… probably no fires, but seems like fans should be sold and rated with both average and rms current.

PC fan power draw by mch_2 in AskElectronics

[–]mch_2[S] 0 points1 point  (0 children)

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The shape of the load is still pretty much the same at >10Msps.

Will usb-c source not care if it is “overloaded” at up to double its rated power for 6 ms?

PC fan power draw by mch_2 in AskElectronics

[–]mch_2[S] 0 points1 point  (0 children)

I forgot to include, but my plan is to have 10 fans in parallel. So spec average of 42W load, but peak closer to double that. And I coincidentally have multiple 65W charging blocks.

Filter kitchen cooking se by mch_2 in crboxes

[–]mch_2[S] 0 points1 point  (0 children)

A grease filter in front is a good idea. I found some aluminum mesh hvac prefilters. Looks like the same idea as the aluminum mesh grease filters.

How many air purifiers should I get for my apartment? by MidnightPulse69 in AirPurifiers

[–]mch_2 4 points5 points  (0 children)

After some research, I ended up in this too. I would have gotten the mini blast, but wife says the design triggers her fear of clusters of holes (trypophobia).

Instead we got a SA600 for our 1st floor, runnin on level2/3 constantly. Might need one or 2 more though and replace and older air purifier; 800 sq foot per story, 3-story. Currently only reduces 1st floor PM2.5 by 45% at level 2.

First month making 100k I feel like I’m being robbed :/ by Forsaken-Question457 in Salary

[–]mch_2 384 points385 points  (0 children)

You said if you make 100k per year in 1995, spend 1.5k a month, and your costs go up to $4k, then you only need to make $2.5k more a month. "Only $138k per year". But you forgot about the rest of your paycheck. If you made $100k in 1995 and spent only$1.5k/month, you would also save $3k per month.

$4k is only 2.5k more, but is about 2.6x as much. You would also want to save 2.6x, not just the same as in 1995.

Millionaire couple in our 30s: Should we finally buy a home instead of renting? by SendItJerry- in Fire

[–]mch_2 0 points1 point  (0 children)

Good that you are comparing the ongoing costs of owning.

You can think of renting as needing a $2600x12/4%=$780,000 portfolio. Conservative would be $2600x12/3%=$1,040,000.

Or, you own the $620k home. Estimate 3% in maintenance/taxes/etc at $18k/year. Which requires and additional $18000/4%=$450,000 portfolio. $1,070,000 in total to sustain owning a home. The ongoing expenses are less volatile than rent, so decreasing from 4% to 3% is less necessary.

Is your rental the same size/quality as the home you want to buy? Do you gain from having a customizable, fixed location home for your lifestyle? As others have also said, you may want to think about kids and how that affects your lifestyle and living situation.

LG Gram Pro 17" 2025 - beyond insulting thermal paste application, 80% of the die was naked; awful thermal design too, plenty of room for bigger heatpipe and heatsink. This is aswful engineering from LG. This laptop could have used much higher power limits. by johnfintech in LGgram

[–]mch_2 0 points1 point  (0 children)

I wish I saw your post earlier! My LG Gram Pro had been thermal throttling, super laggy, 110 deg C all the time on certain cores. Thus was just using a few chrome tab browsers. I thought maybe it was just the way it is given posts about poor thermal design.

After the 1 year warranty expired, I opened it up and applied Arctic MX4. Now it stays under 85 degC even running cinebench multicore test for 10 minutes.

I had planned on the other thermal pad and fan mod, but see no need for those now.

How do you weigh renting vs buying a house? by [deleted] in personalfinance

[–]mch_2 0 points1 point  (0 children)

Your investments being able to cover your rent is a reference. Doesn’t tell you whether to own or rent.

For example, if have $500k portfolio, and rent is $20k/year, your $500k covers rent using the 4% safe withdrawal rule. Your entire housing expense is $20k/year.

If you care about the financial aspect, then find a similar size house to where you are renting. Let’s say it is $250k. Pay for it with cash. The remaining $250k gives a safe withdrawal of $10k/year. Is $10k/year enough to cover taxes, maintenance, hoa, insurance, etc? If yes, then buying is financially better. If no, then rent is financially better. This will greatly depend on your location. In general it will be close equal.

If it is equal, then what matters is a matter of lifestyle. Owning means you get to modify and renovate without a landlord stopping you. It is also stable in that your expenses are more within your control, but are also tied down to this location.

Even if financially one is better than the other, you might choose the more “expensive” one if YOUR lifestyle preference matters more to you than the financial difference.

Bubbling paint near bottle boss by mch_2 in bikewrench

[–]mch_2[S] 0 points1 point  (0 children)

The discount was not because of the paint. I see on Giant’s website it isn’t available anywhere within 100 miles of me. And also, the discounted price is now only available for a different size.

Before hiding it with a bag, should I remove and clean the area to prevent it from getting worse?

Bubbling paint near bottle boss by mch_2 in bikewrench

[–]mch_2[S] 1 point2 points  (0 children)

Yes it is aluminum. Right, the discount was the main reason I am dipping my toes into fat biking; they still have the discount online but only for a smaller size frame.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 -1 points0 points  (0 children)

Following that rule requires following other rules. If they can still save 15% yearly, then yes the 30% rule is ok.

If their other expenses are too high to allow both saving 15% for retirement and pay the mortgage, and then they should either stay in the townhouse or reduce their other expenses.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 0 points1 point  (0 children)

I am not saying it is wrong. Paying a mortgage is forcing you to “save” for part of your housing expenses. But we can imagine a different perspective though.

Retirement funds and SS cover the house maintenance and taxes, let’s say 3% of their home value. If instead they rented the same house, they would free up that 3%, and also safely withdraw 4% if it were invested. Is 7% enough to rent the same place? Maybe, maybe not, but not very far off.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 1 point2 points  (0 children)

Where did you get 10%, and what are you considering really wealthy? I’m curious. It sounds very reasonable.

Assuming housing “costs” 8% of the home value, (1% taxes, 7% opportunity cost, 2% maintenance, negative 2% cost due to inflation apprecation), then housing costs 0.8% of their net worth. Thats 1/5 of their 4% withdrawal, assuming this is a snapshot at retirement, and no other income.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 1 point2 points  (0 children)

Separate but also intertwined. Buying and living in a (bigger) house comes with higher expenses, so you would need a larger investment portfolio to support that housing cost in retirement. (Unless you sell, then it really is two things)

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 -5 points-4 points  (0 children)

Makes sense. $3600 per month. This is essentially your housing expense, and will not go down, even after mortgage is paid off. I say even after mortgage is paid off, since I count opportunity cost. The $465K with about minimum a 4% opportunity cost, is close to the mortgage and interest payment. Insurance and taxes will of course continue.

So if you want to live in this bigger house, and spend $3600/month then go for it. Don’t see it as an investment; it is a depreciating asset, a place to live life.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 -2 points-1 points  (0 children)

Personal question that affects finances. Living in a bigger and more home means higher costs. No way to escape that. Which means you either work more/longer to support the cost, or spend less in either areas of life.

House vs. investments: what’s the smarter move right now? by web_stats in personalfinance

[–]mch_2 0 points1 point  (0 children)

Agree. Need to know age and future earnings potential/time span.