I’m surprised you put 401k assets in a Trust.
If you retitled the 401k from your name to the Trust name there could be tax issues. I’ve always been told 401k assets need to be separate - outside the Trust.
When I was a teen, I thought Monte Python was the funniest movie I ever saw!!! Had a great time at the theatre watching that movie.
Many year later I thought it would be great to show the movie to my kids. “You won’t stop laughing” I said.
Well - it didn’t work as planned. They thought it was...
I went to the Philippines for business many many times. All was fine. Had local company folks as escorts.
The last 5 years I was required to take along a Corporate security person for safety.
Manila should be just fine.
I always had a trusted driver. I don’t suggest driving yourself.
We...
We just found a new kitty.
Some “person” abandoned this angel by our neighbors lake at the farm.
My wife found her 5 days ago. Took to vet and she is estimated at 6-8 weeks old. Got shots and blood work. She is all good except for some ear mites the vet treated.
Introduced her to our...
My wife doesn’t care for baseball, but is around when there are baseball conversations. She asked me how she can participate but not have to do any research.
I told her “whenever we are talking about the greatest hitters, runners, fielders, throwers or power of all time just say Willie Mays...
Yep.
My wife can sleuth with the best of the CIA.
But every time she checks out TBN she comes back to me and says “you really spend time looking at sites that inquire about what kind of dung this is, if different oils really matter and best ways to mow grass”?
Well, yea.
I guess the chart assumes perfect lines and there is no overlap.
I’ve been mowing quite a long time with a 60 inch zero turn. But - I doubt if I made 3 passes that I cut exactly 180 inches of grass.
Maybe it doesn’t really matter time wise if I cut 180 inches or 170 inches?
Dumb question —- the guy who hays my back field has been ill recently. He should be back in commission early July.
Is it possible for the grass to get too high/thick to be baled? The grass is now about 3 feet.
I was told never use a pressure washer on the tractor - can push water into places you don’t want any water like seals and grease points.
Is this not true?
I just hand wash with mild soapy water and spray off with a hose.
Then, I will apply some wax.
Same in STL - Big Mac meal is $11.99. That one penny is very important!
Talk about inflation —- Tim McGraw sang a song about “another supper from a sack, a 99 cent heart attack”! Now it’s a $11.99 heart attack.
I remember paying 5 cents for a small carton of milk for our afternoon snack at school.
During summer, before baseball practice, we would ride our bikes to the local drug store, sit at the counter, and eat lunch - cheeseburger, fries and cherry coke —- for $1.00.
My first motorcycle was a 1974 Suzuki GT185. Two stroke.
Drove it to college every day for a year.
The next year I “upgraded” to a 1968 Honda CL350. Boy did I think that was fast v the Suzuki!
Thought of this today —- you are old if you remember going to a Blockbuster store to rent movies!
I drove by an old huge Blockbuster store this morning.
Now - like everything else it seems - it’s a health care related place!
I hear you.
I’ve got a 4 wheeler where the tire needs a plug. But - lately I just refill with air each time I need it and then let it sit.
Repeat.
Used to be that would drive me crazy knowing it needed a plug. Not so much anymore.
Buying a house and downloading a computer program are very different things.
Anyone who buys a house and fails to read the closing and HOA documents - well, as Forrest Gump’s mother always said - stupid is as stupid does.
Missouri Supreme Court ruled red light cameras were illegal unless the state could prove the drivers identity at time of offense.
State didn’t have the proof.
Seems like these toll road violations based only on license plates are similar.
I do this about once a year —- primarily to clean out the barn and blow out all the “stuff” that gets inside over the fall/winter.
Then / like you - think there is a better arrangement.
But - when I’m done it seems most stuff is back in the same place!
They may not bite - but they fly into you like bugs on a windshield!
Mowing yesterday I had at least a dozen fly right into me - a couple went under my shirt.
They are not helpful and I’m glad they will be gone in a couple weeks.
I’m a lot like you.
The Z-Turn gets the majority of the work. Every now and then I use the tractor RFM on a long field. Not many turns and pretty flat so it’s fun to mow.
Other than that, the tractor gets occasional use hauling down branches to burn pile, moving rock to where it needs to go...
They are full force in STL. Going outside you almost need ear protection.
I’ve seen thousands of shells under some trees and none under other trees. I’ve seen few live bugs - just thousands of brown shells.
I’ve been told they will be gone in early June.
An endowed scholarship is a good thing. Especially if you have an affinity for a particular university.
We did one for my Dad when he passed a couple years ago. We did it at his Alma Mater.
The minimum amount they accepted for a memorial endowed scholarship was $250,000. Granted, he went to a...
Yep! I’m guessing perhaps - after work - HayDude can sit in his favorite chair, turn on a game, have a beer and enjoy the quiet!
One thing about getting older - at least for me - is enjoying some quiet time.
You know you are old when you remember tobacco ads on TV.
You know you are old when you remember waiting for monthly magazines to show up in the mail (Time, Life, Newsweek).
We have taxes on income, sales (state and local), personal property, real estate, interest, dividends (which have already been taxed once), capital gains, gas, beer, etc etc etc.
Once a tax is there - it never ever goes away.
5th Amendment is a constitutional right. Yet, most people believe if someone takes “the 5th” they are automatically guilty. Heck of a right.
Did the murdered families ever receive a dime of the civil settlement?
I have no pearls - but I love going to Wailea on Maui. It’s beautiful and they have the best golf and tennis resorts in the world —- if you like that stuff.
Plus - it’s very relaxing and peaceful.
“Stupid is as stupid does”.
You feel old when you see Forest Gump was made 30 years ago.
Maybe it seems younger to me because it’s replayed all the time!
Not a great picture, but this is our pole barn. I’ll get a better picture when I get back to the farm this weekend.
It’s 30x40 with concrete floor.
At the time, we thought it’s too big and we will never fill it. Well —- with the tractor, a zero turn a few 4 wheelers, a trailer, 2 dirt bikes...
Just curious - my understanding is even if you file for an extension, you still have to pay whatever taxes are due by 4/15.
How can you know what is due without completing the return?
Seems like a catch 22.
Or, are you fairly certain you will be getting a refund?
Good memories.
I caddied one summer at a country club. Not the most exclusive in STL, but still a country club.
It was a blast. My friends and I would carry the clubs and help locate balls after the drives.
The members were pretty nice and took care of us after the round.
Looking back, I...
Lots of plane stories. Reminds me back when I was working I had our company’s flight operations as one of my areas of responsibility. 6 jets, 2 helicopters and an FBO to house them all.
This was before anyone ever heard of ZOOM calls. Business was done face-to-face.
The CEO was a very astute...
When I was 16, I worked at a place called Pope’s Cafeteria in a large mall.
I worked Monday, Wednesday and Thursday evenings and 6-3 on Saturdays.
One Sunday, 4 thugs entered thru the back bay at 6am (door was unlocked as that is how employees entered) and shot to death 4 of the employees and...
I have another - when you were kids what was your Dad’s “go to” punishment for bad behavior?
For us, we had to kneel down on the floor by the stairs. Hardwood floor.
Try that for 15 minutes!!
My kids had it easy —- time out in their bedroom.
Seeing all those plates - I guess you are old if you remember sitting down as a family EVERY NIGHT for dinner. Same time, same place.
Not so much anymore it seems.
Our kitty likes to go into the unfinished basement. Very sneaky when we go in there he follows silently.
One night, we couldn’t find him. Looked everywhere - even his favorite hiding spots.
Went downstairs and heard a feint meow.
Opened door and out he shot. Mad cat.
Ignored us for 30...
Whitey Herzog.
A legend in STL.
RIP.
https://www.stltoday.com/sports/professional/mlb/cardinals/whitey-herzog-innovative-manager-cardinals-champion-and-creator-of-whiteyball-dies-at-92/article_d58ec338-e9f8-11ed-bc34-67a54ce626f6.html
Kind of the same here.
I bought my first house in 1982 at $200000. It was 2500 sq ft.
My son just purchased his first house at $250000. It’s 2500 sq ft.
Then, on the other hand, a friend of mine just purchased a new car - Bentley - for $325000!
The difference between an investment banker and...
We don’t offer Apple Pay at the tennis club.
When I tell kids that, they practically drop over.
One kid (say 18) asked, “well, how am I supposed to buy a drink”?
I said - “cash, credit or charge your account”.
He says “I only have my phone”.
Ok - then charge your account?
He says - “my...
Yes!
To this day I call the refrigerator an ice box. I say “can you get me a beer from the ice box”?
My kids just don’t understand. Look at me like I’m nuts!
There is a motorcycle dealer here that gives you an extra discount if you finance.
Price is actually higher if you pay cash.
Something is going on for sure.
Small businesses are very hard. The owner needs expertise on every facet of the business —- manufacturing/service, finance, HR, logistics, planning and on and on.
It means a ton of hours worked by the owner. Employees work their hours and go home. Owners can’t go home until all the work is...
^^ This exactly.
Anyone who thinks businesses don’t charge to cover credit card fees (either overtly or baked into prices) has never owned a business.
Milton Friedman said it a long time ago —- there is no such thing as a free lunch.
My wife orders shoes online. She knows the brands and what size fits. Easy.
They are mostly tennis shoes.
It’s so easy these days to order online and door delivery. It’s rare we ever go into a real brick store except for food.
I always thought insurance companies made their money thru investing vs. underwriting.
They use the arbitrage between collecting premiums and paying claims to invest.
That is why Warren Buffet owns insurance companies.
I can’t even remember my hourly wages as a teen.
But, I’ll never forget my first real job after college in 1978 was $13600.
Thought I was living high on the hog at the time.
My friends all thought if we ever make $1000 times our age we’d have succeeded.
They are horrible trees.
I had to cut down two that had died and it was the biggest pain ever. Cutting was dangerous.
I decided to cut them and burn them in the same spot. Transporting the cut limbs to the burn pile was a no go given the thorns which, as you said, are needles.
It took about...
Today is the home opener for the STL Cardinals.
Got me thinking.
First Cardinal World Series winner I remember was 1967. Cards v Red Sox.
Only 2 of the Cardinal starting players are still alive —- Orlando Cepeda and Dal Maxvill.
Now that makes me feel old.
Ha!
My sister is an actuary. I was an accountant.
The old joke was how can you tell the difference between an actuary and an accountant?
An accountant looks at your shoes when talking. An actuary looks at their own shoes when talking!
I just put together some chairs where the instructions said to use either a 1/2 or 13mm wrench.
Since I’m guessing the chairs were made in China I used 13mm.
It all went fine.
I flew El Al once. One of those planes with the upstairs where we were seated.
Unbelievable service and, there was 100% zero doubt on security. Zero doubt. Those folks were trained and serious.
It was amazing.
Maybe you are old when you call the bathroom sink a basin?[emoji23]
I asked my kids (24 and 26) what a basin was. Both said a depression in the Earth - like the Amazon Basin.
I asked what the thingy in the bathroom was where they brushed their teeth?
Both said “it’s a sink Dad” and rolled...
I “only” need my glasses for far away stuff. Don’t need to read or watch TV. But, I really should wear to drive.
So, it usually when I’m getting ready to leave the house I start looking.
My wife tells me to put my glasses by the keys and it won’t be an issue anymore.
Great idea dear - now...
When you are constantly - I mean constantly - looking for your glasses.
I know I put them on the table, but now they are gone!
Or, maybe it was the bathroom? Nope.
The garage? Nope.
The kitchen counter? Bingo!
That’s 10 minutes I’ll never get back.
But - it’s going to happen again and...
We have 80 acres in rural MO near STL on the Big River.
50 acres are farmed by a neighbor raising feed corn and beans.
20 acres are woods.
10 acres are grass and hay.
I’ve got a 35 HP Bobcat tractor and 2 Zero turn mowers.
All is good except in Spring when it seems it’s impossible to keep...
I guess you are old when you remember coloring and looking for real eggs on Easter. There were always one or two you didn’t find initially but then found a few days later after they began to smell.
Today everyone seems to use plastic eggs with Candy or coins inside.
Happy Easter all!
In the Big 10 you could be traveling all over the country —- Washington, Oregon, California, Nebraska.
Plus, you’d be in nasty places in winter.
In the SEC you’d be closer to home and always in nice weather. But - much tougher competition.
We can pretty easily live with only one car in Fla. Most of the stuff we do and places we go can be accessed by golf cart or bicycle (tennis, golf, bike trails, restaurants, friends).
I worry that leaving a car in Fla. (in the garage) for 5 months will not be great for the car. I would remove...
Speaking of roads-
Drove back to STL from Florida yesterday. 1002 miles.
Took 18 hours from 6am Eastern time to 11pm Central time.
Trip is almost 100% interstate.
But - Atlanta is an absolute disaster. There must be 1 trillion people living in that city all with cars!
Nashville is a close...
We have the Kwikset app and it works well. Can open the Florida house door 1002 miles away in STL. Or, even better, give neighbor their own code so they can check on things.
It is amazing what can be done —- I only worry about being “hacked” somehow. But, it should send an alert whenever door...
I guess you can say you are old if you ever actually got out of your car to open the garage door.
Same for TVs. My kids have no clue how we used to turn on the tv or change channels.
I understand what you are saying. Our cat has 3 different sounds:
- more food/water
- give me attention
- let me go outside on screen porch
Very distinctive and recognizable.
He also can display affection by rubbing his head on your cheek or chest. He likes to be held and rubbed.
But, at...
Plus, if reports he was using company employees for personal work on his lake home were true, the IRS may be interested in whether he reported the work as income on his personal return assuming the company took the expense as a deduction.
Recall, Al Capone went down for IRS fraud.
My wife is pretty good at technology stuff. But can it be a little overkill?
She got this box that can open the garage door on your phone. No need for the remote anymore.
But, now we have 5 different ways to open the garage door:
- phone
- remote
- button by inside door
- keypad outside door...
I went to Catholic schools.
We first had a blessing from the Principal over the intercom before school started.
Then we all stood, put our hands on our heart and said the Pledge Of Allegiance.
I remember we could not advance from 1st to 2nd grade unless we could recite the Pledge on our own.
It seems the older you get the less patience you have for foolishness or wasting time. This may seem like an attitude issue for those younger and not as wise.
That’s my story and I’m sticking to it.
We spend winter in the Tampa area.
The amount of new construction (homes) is unbelievable. It’s amazing. People are coming from all over the Midwest and east coast —- as well as Canada.
I’m seeing prices in the $350 per sq foot range.
Is MTV even a thing anymore? I know I’m old but I haven’t heard anything about MTV in a long time.
This was one of my more favorite music videos.
As Good as I Once Was Toby Keith As Good as I Once Was - Google Search
So sorry - not how it should work.
I had a very frustrating time with Social Security folks - rarely answered the phones, never called back and hung up if it was lunch time.
Real gems these folks.
I’m very much like you in that regard. It’s an admirable trait.
But, when dealing with the IRS, giving them money they do not deserve - due their own internal mistakes - is not a winning strategy.
Once you prove you are right, it will still take many many many months to get a refund.
Hence why homeowners insurance in Florida is hard to obtain and not exactly cheap.
But - it’s offset by no state income tax.
That is why (imo) Florida has lots of wealthy folks and why real estate prices are quite steep.
You know you are old when you bought the first John Sandford Prey series book when it was released.
It’s hard to believe but that first book was roughly 35 years ago.
Just finished book #33.
As the song goes:
I wouldn’t pay - assuming you are right and no monies are owed.
I think your CPA is correct.
If this bothers you, getting a tax lawyer will help move the process.
Someone said it earlier —- those notices are sent automatically by a computer.
The problem/issue is no human has put your amended stuff into the computer yet (or it was put in wrong).
We had a similar issue at a not-for-profit. Went on for 2 years. We finally had a tax lawyer get involved. He...
That was then. Nowadays —— a rural hospital I’m affiliated with had a fundraiser. They are part of a much larger hospital chain based in STL.
The fundraiser was skeet shooting and the winner received a shotgun. It was successful and raised a good amount of money toward several new...
Ha! You know you are old when you carry a wallet.
A significant number of younger folks at the club now pay using Apple Pay with their phone or watch. It’s not unusual for them to have to go back to their locker to get their IDs.
So, it can be a pain and I need to be reasonable in my...
I sometimes work in the pro shop of my wife’s tennis facility.
We sell beer and wine.
All the buyers look young to me. Typically, the women are happy when I card them but the guys are insulted.
I just say “the older I get the younger you look”.
I felt old today. My wife talked me into going to Wally World. She was tired.
So I went.
I saw 3 girls with blue hair, 2 with orange hair, one with purple hair and one with rainbow hair.
Sorry folks but I never saw any of that back in the day.
It really really hurt when Harry Caray left the Cardinals to go to the Cubs.
Anyone but those Cubs!
There were many rumors about Harry Caray and August Busch Jrs wife as the reason he was fired in STL.
Bob U. is great. I remember him once on Johnny Carson. He was asked “how do you catch a knuckleballer”? He said “I wait for the ball to stop rolling and pick it up”!
I had the honor of listening to Harry Caray and Jack Buck on the radio each night growing up. Talk about being spoiled!
Green’s Drug Store in Peoria, Illinois.
Everyday in Summer, me and a couple friends would bike to baseball practice at 10am. After practice, we’d go to Green’s Drug Store and sit at the counter for lunch.
2 cheeseburgers, fries and a cherry Coke. I’m not sure of the price as they would run a...