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Re: What's your average monthly expense???

Rent/mortgage, insurance, rental insurance, etc: home items & upkeep/yr = $600/month Phone + Internet: $200 Electricity + gas, water: $200 Auto Payment: $0 Auto Insurance: $90 Gas: $10 Grocery: $250 Foods (eating out, office lunch, etc): $0 Entertainment, shopping, movie, etc: $500 Debt: $0 Misc...
by Christine_NM
Mon Apr 20, 2015 8:36 am
 
Forum: Personal Finance (Not Investing)
Topic: What's your average monthly expense???
Replies: 57
Views: 4138

Re: What Book Are You Currently Reading? Part VI

Faceless Killers, by Henning Mankell

I missed the whole Wallander series on PBS and never read any of the novels, so thought I'd try the first one, from 1990. I liked the Martin Beck series and the Stieg Larsson series, and in style this one falls somewhere in between the two.
by Christine_NM
Sat Apr 18, 2015 6:26 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 643
Views: 90081

Re: Help Evaluating Federal Job Offer

Birraj - Take it. I can't believe you are hesitating. It is a slightly different culture, but that is nothing compared to poor job security. Just realize that the real bosses are in Wash DC and they are paying the bills. They have their reasons for the strange things they want to do. I started at a ...
by Christine_NM
Fri Apr 17, 2015 3:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help Evaluating Federal Job Offer
Replies: 28
Views: 2639

Re: Does 3-funds offer higher returns or lower risk?

I have another question. The state of Florida has a program called "Future Advisor". They highly recommend the Vanguard Index Funds. For an indexing approach they also recommend a 3 fund approach using Domestic Stock (Vangiard Total Stock Market Index), Vanguard Total Bond Market index an...
by Christine_NM
Sun Apr 12, 2015 2:31 pm
 
Forum: Investing - Theory, News & General
Topic: Does 3-funds offer higher returns or lower risk?
Replies: 42
Views: 5664

Re: RMD and paying taxes

Yes, but.. You have already paid ordinary income tax on your taxable account. Now you owe capital gains tax if you sell at a profit. The money in a 401k or deductible IRA has never been taxed. All you owe are taxes at ordinary income rate when you take your RMDs. Looked at another way, you are avoid...
by Christine_NM
Sat Apr 11, 2015 2:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: RMD and paying taxes
Replies: 12
Views: 1248

Re: The $1 Million Goal: Source of Motivation or Discouragem

^^Wow, Confused, you are a fantastic writer. Please let me know if you ever get the time to self-publish for Amazon Kindle. I'd buy an e-book of yours.
by Christine_NM
Sat Apr 11, 2015 1:42 am
 
Forum: Investing - Theory, News & General
Topic: The $1 Million Goal: Source of Motivation or Discouragement?
Replies: 172
Views: 15709

Re: Gift limit and Charitable Donations

Boarder - I used to get $10,000 a year from one parent back when that was the allowed amount for no record keeping. I'd also have charitable deductions. I never considered Mom as paying in particular for charitable contributions. I would send her gift to Vanguard. One year I think I even gifted appr...
by Christine_NM
Fri Apr 10, 2015 6:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Gift limit and Charitable Donations
Replies: 31
Views: 1213

Re: The $1 Million Goal: Source of Motivation or Discouragem

EmergDoc wrote: I'm genuinely curious why a household would "settle" for an income of $30K. I am enjoying reading this whole thread but with nothing much to offer on the original topic. But I had to post when it occurred to me that the annual safe withdrawal rate on $1 million is just abou...
by Christine_NM
Thu Apr 09, 2015 3:15 pm
 
Forum: Investing - Theory, News & General
Topic: The $1 Million Goal: Source of Motivation or Discouragement?
Replies: 172
Views: 15709

Re: Withdrawing from balanced funds when stocks are down

I like to avoid these issues and withdraw only from money market accounts. I would not call it good to sell shares of anything for living expenses -- but I know lots of BHs would disagree with me. You are kidding yourself. Setting aside money to spend so that you can pretend you are not withdrawing...
by Christine_NM
Wed Apr 08, 2015 1:47 pm
 
Forum: Investing - Theory, News & General
Topic: Withdrawing from balanced funds when stocks are down
Replies: 30
Views: 1639

Re: Withdrawing from balanced funds when stocks are down

Let me take a stab at this. She is right but she is not telling the whole story. In a downturn, a balanced fund's NAV will decline, but (obviously) less severely than a stock fund's NAV. Bond funds may do anything in a stock downturn, go up, down or stay the same, but usually bonds are up or unchang...
by Christine_NM
Wed Apr 08, 2015 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: Withdrawing from balanced funds when stocks are down
Replies: 30
Views: 1639

Re: Why bonds?

...my approach above already has regular equity withdraws... Seems like this is the problem, not low bond returns. According to my approach, I have cash and bonds so that I do not have touch equities. At the rate I am going I will die with my last I-bond clutched in my hand and a portfolio of 100% ...
by Christine_NM
Mon Apr 06, 2015 5:24 pm
 
Forum: Investing - Theory, News & General
Topic: Why bonds?
Replies: 13
Views: 1518

Re: Implications of Marriage - she with debt and low income

^^Dulocracy -

Since your company required a prenup at least for itself, it takes some of the sting out. But were there terms added by you that the company did not require, and does your wife know that and how does she feel about it?
by Christine_NM
Thu Apr 02, 2015 11:20 am
 
Forum: Personal Finance (Not Investing)
Topic: Implications of Marriage - she with debt and low income (WI)
Replies: 71
Views: 6584

Re: VWENX or VBIAX for long term

VWENX has 7.76% invested in foreign stocks, VBIAX is domestic only. VWENX has slightly more equities at 65/35, VBIAX is 60/40. Of course the expense ratio of VBIAX is .10% vs .18% for VWENX. Both are fine options IMO. Small correction - VBIAX ER is .09, half of VWENX. When you have a large amount t...
by Christine_NM
Wed Apr 01, 2015 1:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: VWENX or VBIAX for long term
Replies: 7
Views: 877

Re: Index Funds Warning

The article does not mention that most non-Vanguard managed funds hold stock positions so briefly that they have no influence on management at all. To them, a stock is a commodity and the only important thing is price. They could care less about management -- and that is probably a good thing. At le...
by Christine_NM
Tue Mar 31, 2015 2:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Index Funds Warning
Replies: 5
Views: 1038

Re: Social Security Guidance/Specialist

If you want to read and understand, Mike Piper's book (modest BH poster ObliviousInvestor above) and L. Kotlikoff's book are great. If you want a filing strategy optimized, Kotlikoff's http://www.maximizeyoursocialsecurity.com does a great job for $40. Make that http://www.maximizemysocialsecurity....
by Christine_NM
Mon Mar 30, 2015 5:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Social Security Guidance/Specialist
Replies: 5
Views: 800

Re: stick with current portfolio or move to Bill Schultheis'

Bill Schulteis's (or anyone else's) name on a portfolio doesn't make it right for you.

The enemy of a good plan is the dream of a perfect plan. You have a good plan now, don't mess it up. Find another hobby.
by Christine_NM
Mon Mar 30, 2015 1:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: stick with current portfolio or move to Bill Schultheis' cof
Replies: 15
Views: 1152

Re: Implications of Marriage - she with debt and low income

Should she return to school and close the business or otherwise stop working, there would be a host of need-based financial-aid options available to her This is the only "benefit" of a DP that I can see. You would not have to contribute for her education even though you would benefit from...
by Christine_NM
Mon Mar 30, 2015 12:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Implications of Marriage - she with debt and low income (WI)
Replies: 71
Views: 6584

Re: Hate where we live, do we make major changes?

we've often wondered if we lived in a climate more conducive to sun/warmth, we wouldn't feel the need to go to the Caribbean. Yes, I found that once I moved where I wanted to be, I felt less desire to travel long distances. When I did travel, even to Hawaii, I always found on return that the weathe...
by Christine_NM
Sun Mar 29, 2015 2:52 pm
 
Forum: Personal Consumer Issues
Topic: Hate where we live, do we make major changes?
Replies: 132
Views: 12101

Re: What would you do with 1.25 million dollars for 1 year?

Have you owned VMLUX before? Its NAV is very slowly falling. I bought at about 10.50, I remember it as high as 11.15, and now it is 11.05. The income barely makes up the difference. Can you live with 10.50 a share one year from now? I have this fund and it is not a place I would put a balloon tax pa...
by Christine_NM
Thu Mar 26, 2015 10:28 am
 
Forum: Investing - Help with Personal Investments
Topic: What would you do with 1.25 million dollars for 1 year?
Replies: 39
Views: 3611

Re: Mom seeking financial help - what to do?

I have (at least) two answers. First, if Mom has given you any cash in your adult life, just give her back the $1000 and consider it repayment of the gift now that she needs it. (ETA - needs it or wants it -- Ralph above may be right about the worst case) Of course, if you do this, she will return a...
by Christine_NM
Wed Mar 25, 2015 6:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mom seeking financial help - what to do?
Replies: 62
Views: 4557

Re: Help w/ adult child hard-wired for poor financial decisi

Dave - All you have to complain about are her finances and no college yet? With or without a degree she would still need your help (money). Sorry, I see no decision that she could make that would suddenly make her a financial success. It is a long tough road to financial stability. She needs help no...
by Christine_NM
Tue Mar 24, 2015 6:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help w/ adult child hard-wired for poor financial decisions?
Replies: 45
Views: 4716

Re: Newbie knows nothing, feedback appreciated.

Sonoma - Welcome. Please don't worry too much, a lot of us have been more or less where you are. The only immediate "loss" will be on capital gains (your profit) on funds in the taxable account that cannot be transferred in kind. Somehow I expect your profits will be modest, but you can fi...
by Christine_NM
Sun Mar 22, 2015 11:32 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie knows nothing, feedback appreciated.
Replies: 24
Views: 2055

Re: The one area I disagree with Jack

I don't let my SS and pension dictate my allocation to stocks. Jack may be telling retired people that they do not have to hoard all their savings in cash or bonds. It is difficult to say this without some sort of numeric advice like count SS as a bond, so don't overdo the bond allocation. Reminds m...
by Christine_NM
Sat Mar 21, 2015 4:41 pm
 
Forum: Investing - Theory, News & General
Topic: The one area I disagree with Jack
Replies: 93
Views: 7431

Re: Opened an account Vanguard yesterday, now having cold fe

Taylor (and Helen) - I agree that a 3% CD is possibly not a bad idea. I just hate to think that a bad experience with a broker would prevent a couple from any possibility of investing a small portion of retirement funds in stocks, even in the form of index funds. The loss was extreme but need not be...
by Christine_NM
Sat Mar 21, 2015 4:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Opened an account Vanguard yesterday, now having cold feet
Replies: 60
Views: 3958

Re: Opened an account Vanguard yesterday, now having cold fe

We have been thinking constantly for the last 3 weeks ever since we sold the land. I just cannot convince my husband to do the stock market...he is scared to death because of what happened to his IRA. He keeps talking about another brokered cd at 3% for 10 years. I forgot to say, I can invest more ...
by Christine_NM
Sat Mar 21, 2015 3:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Opened an account Vanguard yesterday, now having cold feet
Replies: 60
Views: 3958

Re: Opened an account Vanguard yesterday, now having cold fe

Helen -- I watched some of Rickards. Not much actionable takeaway there, just a mediocre bit of fearmongering. Assuming the sun comes up tomorrow and Monday :shock: let's continue with life as we know it. Your funds are the same ones that are in the Lifestrategy funds-of-funds. Pick a Lifestrategy f...
by Christine_NM
Sat Mar 21, 2015 3:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Opened an account Vanguard yesterday, now having cold feet
Replies: 60
Views: 3958

Re: Doctor's office requires credit card on file

I would base my decision to see them based on the recs you got and your personal experience. Lafder Lafder - How can a new patient tell if unnecessary tests or treatments are being recommended? Or if symptoms are adequately addressed? Docs have thousands of patients, but each patient has only one b...
by Christine_NM
Fri Mar 20, 2015 7:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Doctor's office requires credit card on file
Replies: 55
Views: 3004

Re: Doctor's office requires credit card on file

I guess this is a private practice, not a hospital clinic? I have been to a lot of doctors in the past 3 years, some private and most hospital clinicians, and no one has asked for a credit card or charged for online services. Of course, I belong to a Medicare Advantage plan and it all gets taken car...
by Christine_NM
Fri Mar 20, 2015 6:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Doctor's office requires credit card on file
Replies: 55
Views: 3004

Re: Cooking: Refreezing Turkey Stock?

Yes, divide into portions you will use.

Christmas? I don't keep anything more than 3 months in an self-defrosting freezer. Longer than than and everything gets tired looking.
by Christine_NM
Thu Mar 19, 2015 8:36 pm
 
Forum: Personal Consumer Issues
Topic: Cooking: Refreezing Turkey Stock?
Replies: 8
Views: 518

Re: Any Vanguard Balanced Index Fund Diehards

Yo, Bal Index holder here since about 1999. In 2002 switched it from IRA to taxable. Now the cap gains are way too much to realize so I am in it for life. It is my largest fund. I still reinvest distributions even though I am retired. I like that Vanguard cannot tinker with it since it is not a fund...
by Christine_NM
Tue Mar 17, 2015 11:58 am
 
Forum: Investing - Theory, News & General
Topic: Any Vanguard Balanced Index Fund Diehards
Replies: 24
Views: 3055

Re: Kotlikoff: When Should you Take Social Security?

^^ Dec - I did not find the story funny either, but it was the first one, so I took Bob at his word. And reading it did remind me of my boss's comment. There is much to lament in the relationships between people and money. Social Security is one of our better efforts overall. It's unseemingly for ac...
by Christine_NM
Mon Mar 16, 2015 7:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 242
Views: 24430

Re: Kotlikoff: When Should you Take Social Security?

Hi L, This morning I took my wife to the hospital for her chemotherapy and we started a conversation with a woman being infused in the next chair. The conversation turned to the book I was reading and I said that it was a fairly humorous read for such a dry topic. Here, read the first couple of pag...
by Christine_NM
Mon Mar 16, 2015 6:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 242
Views: 24430

Re: John Bogle's Don't Peek Challenge

I think Jack's larger point was you don't have to do anything besides save money and invest regularly.

Saving for retirement is really easy. All the angst and peeking is wasted effort.
by Christine_NM
Mon Mar 16, 2015 12:17 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle's Don't Peek Challenge
Replies: 137
Views: 11500

Re: Benefit of tilting towrds Nordic minus Norway for Norweg

Unless some reasons are given for the recommendation, the allocation sounds like home-country and regional bias -- what the fund company knows its customers will like to buy. Even giving reasons to buy specific countries turns them into "story stocks" -- story meaning a sequence of future ...
by Christine_NM
Sun Mar 15, 2015 7:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Benefit of tilting towrds Nordic minus Norway for Norwegian?
Replies: 2
Views: 359

Re: Mutual Funds or Variable Annuity?

The other option was a bunch of Franklin funds and the FA showed a Morningstar hypo from 2000-2015 where if you would have invested $500K in the year 2000, than as of Feb 28th it would have been $1.7MM! Wow! Doesn't that handily beat the market even with the fees included? This caught my eye becaus...
by Christine_NM
Sun Mar 15, 2015 1:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Mutual Funds or Variable Annuity?
Replies: 11
Views: 874

Re: Confused with Social Security website calculation.

Gort - I used AnyPIA ten years ago. I had to enter my earnings history, but that allowed me to enter zero earnings from age 62-70. The benefits calculated were exactly right for the known case, age 62, and somewhat lower than shown on the usual PEBES statement or online. Not much, less than $200/mon...
by Christine_NM
Sun Mar 15, 2015 12:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Confused with Social Security website calculation.
Replies: 5
Views: 612

Re: Another take on Vanguard questionnaire: NYTimes

Thanks for the article. It was a 1995 NYT article that got me to be serious about retirement planning. I had a good savings habit, but no idea if it would be enough.

I'm sure your article peeled a few people off the bench and into the planning game.
by Christine_NM
Fri Mar 13, 2015 2:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Another take on Vanguard questionnaire: NYTimes
Replies: 42
Views: 4066

Re: Kotlikoff: When Should you Take Social Security?

This is why I elected to take Social Security at age 62 although I did not quite need the money: About three months before I turned 62, I was diagnosed with a rare form of blood cancer that affects around 3,000 people annually in the US. I got treated and continue to see my physicians regularly. I ...
by Christine_NM
Fri Mar 13, 2015 2:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 242
Views: 24430

Re: Kotlikoff: When Should you Take Social Security?

^^ miriam2 - Thank you for the quote. I am stunned at Kotlikoff's conclusion that the reptilian self can think of future selves. My idea of that self is that it will not leave a crumb on the table today for two crumbs tomorrow. Social Security is turning out to be the ultimate kids' marshmallow test...
by Christine_NM
Fri Mar 13, 2015 1:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 242
Views: 24430

Re: Vitamins/Supplements, recs for reliable brands & retaile

I've been getting a few vitamins for years from Carlson Laboratories via Amazon. My first vitamin D (forget the brand) didn't move the needle on D3 blood test. Switched to Carlson and it showed in subsequent lab work.
by Christine_NM
Thu Mar 12, 2015 4:49 pm
 
Forum: Personal Consumer Issues
Topic: Vitamins/Supplements, recs for reliable brands & retailers?
Replies: 12
Views: 1004

Re: Is High Frequency Trading a Problem For Bogleheads?

^^ Simplegift -

This isn't a test for HFT because the index itself would be affected by HFT on all exchanges. Every trade would be subject to a HFT ding, so the prices are a tad off everywhere. Lots of other factors in play to determine price, but everyone is paying a bit to the frontrunners.
by Christine_NM
Thu Mar 12, 2015 4:27 pm
 
Forum: Investing - Theory, News & General
Topic: Is High Frequency Trading a Problem For Bogleheads?
Replies: 42
Views: 1998

Re: Edward Jones - Ripped off Advice

The most innocent explanation might be a big bet on international in 2014 combined with a little too much trading to try to correct the result. It doesn't have to be nefarious. Just be glad your friends are not in charge of your money, you are, and hope that you do better.
by Christine_NM
Wed Mar 11, 2015 4:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - Ripped off Advice
Replies: 20
Views: 1579

Re: High Cost of Fruits and Vegetables

Sugar in fruits is essentially no different from fructose from a candy bar because chemistry is chemistry and molecules are molecules no matter where they come from. 1 medium orange 2-5/8" diameter has 12 grams of sugar and 3 grams of fiber. Zero fat. 1 Snickers bar 4oz size has 57 grams of su...
by Christine_NM
Tue Mar 10, 2015 12:33 pm
 
Forum: Personal Consumer Issues
Topic: High Cost of Fruits and Vegetables
Replies: 126
Views: 7402

Re: High Cost of Fruits and Vegetables

Have you looked at frozen berries? They are much better than no berries at all.
by Christine_NM
Mon Mar 09, 2015 6:31 pm
 
Forum: Personal Consumer Issues
Topic: High Cost of Fruits and Vegetables
Replies: 126
Views: 7402

Re: When will / did you claim Social Security benefits?

I do not have all the nifty options that allow a person to say he's delaying till 70 while still collecting a spousal benefit. It is just my own work record. I answered the poll and I tried to remember my thinking collecting at 62. The most blatant reason was that there was talk going on about Socia...
by Christine_NM
Mon Mar 09, 2015 2:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: When will / did you claim Social Security benefits?
Replies: 152
Views: 11933

Re: SS # on check to pay Fed & State taxes?

I write full SSN on the back of the check. IIRC instructions say SSN belongs on check, unless it's changed recently.
by Christine_NM
Sun Mar 08, 2015 9:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: SS # on check to pay Fed & State taxes?
Replies: 8
Views: 860

Re: Is this ethical?

I never get these questions right, but seems to me the ethical issue is not that you found nice homes for the phones, but that Friend's Boss has not been informed. He may look like a poor manager when/if this is discovered. Or Boss may look clever, depending how it plays out. That risk is worth a lo...
by Christine_NM
Sat Mar 07, 2015 8:32 pm
 
Forum: Personal Consumer Issues
Topic: Is this ethical? [Selling company equipment to be disposed]
Replies: 41
Views: 2054

Re: Well made woman's shoe?

Take a look at UK's David Hotter shoes. Leather and soles are excellent quality. Fit is excellent, at least for me -- narrowish but take a medium. New pairs stretch minimally when you first wear them -- a sign of good leather, I'm told. I have 3 pairs that are all I wear now. Each pair comes with an...
by Christine_NM
Sat Mar 07, 2015 12:40 pm
 
Forum: Personal Consumer Issues
Topic: Well made woman's shoe?
Replies: 27
Views: 2183

Re: Does My Daughter Need A Prenup?

I'm not morally opposed to prenups, I just doubt the utility to protect an inheritance. Is she going to keep the money separate and not spend it, just in case she gets divorced? Or would the prenup put something like a "lien" on anything she buys with the money? If the intent is to preser...
by Christine_NM
Fri Mar 06, 2015 3:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6379

Re: Does My Daughter Need A Prenup?

A few hours ago I posted that I had no opinion on the prenup but was in favor of a father-daughter conversation about her inheritances. Now I find myself thinking, yes she does need a prenup. There are no substantive reasons presented against it, only rather wild threats of harm to relationships we ...
by Christine_NM
Fri Mar 06, 2015 3:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6379
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