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Trump Lied To You That 2018 Tax Return Was Going To Be Simpler, Easier & Postcard-Sized.

by Anura Guruge


Click images to ENLARGE.

All forms from IRS.gov.


OK, it is true that SOME of the forms are the size of EXTRA-LARGE postcards BUT all they have done is split the forms into MULTIPLE ‘postcard’ size Schedules.

It is stupid.

The basic ‘front page’ 1040 is split into two just to give the appearance that is SMALLER and akin to an EXTRA-LARGE postcard. But, it takes TWO of these EXTRA-LARGE postcards to do the very basics.

And then we have 6 NEW Schedules, viz. 1 to 6, in ADDITION to all the old & beloved Schedules A, B, C, D etc.

Sacré bloody bleu.

These new Schedules just complicate matters.

Trust me it is not simpler or faster.

I know my way around the 1040. SMILE. I have been doing taxes, on my own, for nearly a decade. I don’t use software. I do it by hand using ‘Free File Fillable Forms’ from the IRS or just PDF versions of the forms (also from the IRS).

In the last couple of days I did two fairly involved returns — both involving Obamacare, ‘Premium Tax Credit’ Form 8962. I worked it all out and got it done. But, it was really no easier than years before. Just more involved and fiddly.

So, Trump lied to us about this. But, what is new.


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by Anura Guruge

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‘Free File Fillable Forms’ For 2018 Federal Tax Returns (With Latest Forms) Now Available At IRS.gov.

by Anura Guruge


Click image to access the ‘FFFF’ gateway … you have to register.


Yes! YeS! YES!

I just love ‘Free File Fillable Forms‘ — from the IRS, available to ALL, for FREE.

I have been using it, with GREAT SUCCESS, for the last 7 years (if not more). It works like a treat and every year they refine it a bit more to make it even better.

Yes, the 2018 ‘tax reform’ has messed things up and complicated matters BUT you can still get around. I just started today. Looks good. I am happy. Enjoy/

Helps if you have a printed set of IRS ‘1040’ instructions handy.


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by Anura Guruge


Amazon Buying Wi-Fi MESH Network Provider EERO.

by Anura Guruge


Click for CNBC post.


Click to access their Website.


Wi-Fi MESH networks are akin to having a cell network across your house for Wi-Fi. It is not the same as using Wi-Fi extenders — more a case of having multiple satellite Wi-Fi access points that flood your house with Wi-Fi signals. It has been around for at least 4-years, with Google one of the pioneers.

I have looked at it and to intend to upgrade to such a MESH network one of these days.

EERO, by no means, is the only provider. Most Wi-Fi providers now offer some level of MESH networking.

Pretty obvious why Amazon wants the technology. They will incorporate it with Alexa. You will then have Alexa all around your house — without any blind spots! You could interact with Alexa from the bathroom. Scary. Plus, Google has it.

I am surprised that Amazon did not go with Ubiquiti Networks. That would have been my choice. Maybe Ubiquiti was overkill, whereas EERO has just enough for what Amazon wants to do with Alexa.

Click to access their Website.


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by Anura Guruge

My Next Car, IF I Can Scrape Together The Money. (All Help Gratefully Accepted).

by Anura Guruge


Click To ENLARGE.


Isn’t she a beauty? Classic.

Only problem is that I do NOT have the funds to get her. If I did I would have driven her home TODAY.

Haven’t worked out what it is. That doesn’t really matter since I know it is BRITISH and that is all that matters and counts. Might be an Austin, might be a MG.

So this is now my dream car. I am not proud. IF you want to help me get it, I will be eternally grateful.

It is at ‘Brit Bits‘ in Rye (on the Portsmouth border) in New Hampshire. So, it is more or less local.


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by Anura Guruge


Just Because The Dow Was Down 6% In 2018 Does Not Mean All Investors Lost Money. No Sire.

by Anura Guruge


Click to ENLARGE. From the Jan. 1, 2019 marketwatch.com.


No, my stock investments did NOT lose money in 2018. They actually appreciated, as they should. I have not lost money on the stock market in quite a few years. {Smile}.

No, it wasn’t luck. Much of it was patience, prudence and sanguinity. When I was younger I used to panic and start selling when the market went down. Well, after nearly 30-years I finally learnt. And towards the end I was inspired by two elderly gentleman, both close to 80, who had done very well as investors. I learnt from them. They were long term investors. Buying and holding ‘solid’ stock for years without constantly trading and chasing the latest fad/trend.

Their wisdom finally dawned on after I turned 55. I started thinking long-term and strategically.

That I stayed FULLY invested during the financial carnage of 2008 — 2012 helped. Proved to me that I can weather the worst downturns and still survive. Of course, those of us who suffered during those 4-years came out of it stronger and then started reaping rapid gains soon after. That was a nice boost.

I do a lot of options BUT I don’t churn stock. I buy and hold for years and I have bought well. {Smile}

Yes, sometimes I do think I should share with others my investing insights. But, I am not licensed etc. So, alas, I have to keep much of my strategy to myself.

But, please, going forward THINK — ‘be patient’, ‘be sanguine’, ‘try not to panic’, ‘think long’, ‘buy-and-hold’.

Happy New Year. Good investing. 2019 will be a better year I hope — for YOUR sake.


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Categories ‘Investments& ‘Brains‘.


by Anura Guruge


Fidelity Investments: FINALLY An Admitted ERROR In Their Cash Balance Accounting!

by Anura Guruge


Click to ENLARGE.


I have long suspected that Fidelity’s much vaunted computer system is not as infallible as they like to claim. As someone who uses it daily, multiple times a day, I have, over the years encountered various vagaries. But, when I call up, they (i.e., Fidelity) always have an explanation.

Not so TODAY. Caught them with their pants down. Very exposed.

My balances did NOT add up. I kind of know what they are (at any given time) and what was being shown just did NOT compute. It also was not inline with what they were showing on my ‘Positions’ page.

So, I called. As always their first reaction is to gently humor you and show that they are right and you are wrong.

Not so today. He tried …. then he was stumped. It did NOT add up. You could see it clear as day. He started blathering … he had to call me back.

He did.

IT WAS AN ERROR in their system!

A few others had called too.

Had to do with today being a HOLIDAY though the stock market is open. But, option trades from last Friday are not being reconciled today because the option markets (most likely in Chicago) are closed. Hence, the error. But, it should not have happened.

They were suitably embarrassed and chastened. I finally caught them.

Ha, Ha, Ha.


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by Anura Guruge

IBM’s Proposed Overpriced Acquisition Of ‘Red Hat’ Will NOT Stem The Bleeding.

by Anura Guruge


This from “MarketWatch”. Click to ENLARGE. Google for more coverage.


Click to access my recent post.


They ENDED up buying the ‘Weather COMPANY’ without the Channel. But, they made the acquisition nonetheless. Click to access my post.


Another desperate, drunken-lurch by ‘gin-and-tonic’ Ginni Rometty to distract the market & investors and DESPERATELY cling onto her job for another year.

This is but a shiny object to distract.

Open Source Linux will NOT stem the bleeding at IBM. Red Hat, of late, was also losing money.

Open Source does NOT command the margins that IBM needs — and got so used to, for over 70-years, with its PROPRIETARY systems, e.g., mainframes, 8100s, S/36s etc.

The market has changed, fundamentally.

Over the last 30-years IBM missed every single major market move. It let the likes of Google, Apple, Facebook, Twitter, NVidia steal the show.

Oh, and don’t forget IBM has its own version of UNIX, AIX — and has had it for 20+ years. It will take years to transition from AIX to a different flavor of Unix.

IBM’s days as an acquirer are gone.

IBM needs to be ACQUIRED by the likes of Amazon or Google.


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by Anura Guruge

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