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Re: Portfolio advice for Mom at 86 years

True and if you moved the taxable you could start with the highest ER ones.
Like Growth Fund of America A AGTHX (.70%) $15.8k
by rec7
Fri Aug 29, 2014 3:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: Protecting one's bank account from PayPal

Thanks. I have gone down the path of many here linking it to a savings account with very little in it. The only reason I have a bank tied to it is I sell a little bit also. I had a credit card hacked and I think it was tied to paypal but could not prove it. So after that I am very careful.
by rec7
Fri Aug 29, 2014 10:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Protecting one's bank account from PayPal
Replies: 25
Views: 1901

Re: How long can a 1995 Chevrolet Beretta last?

deanbrew wrote:Longer than I would want to drive it.


You won't see them in the indy 500 no time soon.
by rec7
Fri Aug 29, 2014 10:48 am
 
Forum: Personal Consumer Issues
Topic: How long can a 1995 Chevrolet Beretta last?
Replies: 10
Views: 726

Re: How long can a 1995 Chevrolet Beretta last?

In my experience, the early-mid 1990s were a good time for GM quality. I believe the 2.2 4-cyl (if that's what you have) is one of their better engines, though not the best. However, with a 19 year old car, anything can happen. I'd keep driving it until it blows up. I can't give you any mileage rep...
by rec7
Fri Aug 29, 2014 10:27 am
 
Forum: Personal Consumer Issues
Topic: How long can a 1995 Chevrolet Beretta last?
Replies: 10
Views: 726

Re: Portfolio advice for Mom at 86 years

dand76 It might very slow to move the taxable if you don't want to tax her SS maybe only 8 or 9k a year in profit each year.
by rec7
Fri Aug 29, 2014 10:25 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: How long can a 1995 Chevrolet Beretta last?

That is good news. Looks like they can go farther than I thought. deanbrew I got a good laugh out of that one.
by rec7
Fri Aug 29, 2014 10:21 am
 
Forum: Personal Consumer Issues
Topic: How long can a 1995 Chevrolet Beretta last?
Replies: 10
Views: 726

Re: Protecting one's bank account from PayPal

JPH wrote:I just unlinked my bank account from PayPal, and then I still was able to pay a bill using the credit card option.


Now I wonder if that would work if you sold something and were getting money.
by rec7
Fri Aug 29, 2014 10:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Protecting one's bank account from PayPal
Replies: 25
Views: 1901

Re: Protecting one's bank account from PayPal

How do you protect your money from PayPal? I am concerned that any web interface that allows withdrawals from a bank account for the purpose of sending payments is a security risk. I have found that having a PayPal account is not optional, and that not having the account linked to a real bank accou...
by rec7
Thu Aug 28, 2014 8:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Protecting one's bank account from PayPal
Replies: 25
Views: 1901

How long can a 1995 Chevrolet Beretta last?

Chevrolet used the same four cylinder engine and automatic transmission in the Beretta, Corsica and Cavalier. I thought I would ask others how many miles they have got out of their's? Mine has 130k on it.
by rec7
Thu Aug 28, 2014 7:49 pm
 
Forum: Personal Consumer Issues
Topic: How long can a 1995 Chevrolet Beretta last?
Replies: 10
Views: 726

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

No hard feelings on this YDNAL we just did not understand each other.
by rec7
Thu Aug 28, 2014 7:14 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

YDNAL I think you mean well but I am not sure you understand the pro's and con's of a variable annuity and how they work. I am not trying to beat the system I am just trying to see if I can use a variable annuity to my advantage.
by rec7
Thu Aug 28, 2014 4:51 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

One of my main points is it hard to get a large profit out of a variable annuity without getting killed on taxes. Remember profit must come out first and is taxed as income.
by rec7
Thu Aug 28, 2014 4:43 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

That is not true I just don't want dividends on my tax return that does not mean I don't want it to grow. I am not trying to escape taxes I know I will have to pay them later. I am single so I can take about 35k in profit and only pay 15% on it later. The problem would be if I made a million in prof...
by rec7
Thu Aug 28, 2014 4:33 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

Apparently the OP is concerned about year to year dividends affecting phase outs or subsidies and would prefer to keep them out of taxable income. That's right and deciding which of these two investments to use. If Vanguard Total Stk Mkt VA's distributed "dividends" are moderate - Vanguar...
by rec7
Thu Aug 28, 2014 2:46 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Portfolio advice for Mom at 86 years

Your welcome dand76. I like CD's better than bond fund right now because I think rates will start ticking up next year. So I would favor the ideas with the CD's more.
by rec7
Thu Aug 28, 2014 2:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: Protecting one's bank account from PayPal

placeholder wrote:This is why I like my legacy PayPal linked to credit card only.


Can you use a credit card only?
by rec7
Thu Aug 28, 2014 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Protecting one's bank account from PayPal
Replies: 25
Views: 1901

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

placeholder wrote:Apparently the OP is concerned about year to year dividends affecting phase outs or subsidies and would prefer to keep them out of taxable income.


That's right and deciding which of these two investments to use.
by rec7
Thu Aug 28, 2014 1:55 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

Berkshire Hathaway Inc. or a Vanguard Variable Annuity Ttl Stock Market Idx If you could only pick one to hold for 25 years which one would you choose? I want something that has no dividends and something I can hold a long time. Vanguard thinks that Fund 0604 distributes "a moderate level of d...
by rec7
Thu Aug 28, 2014 1:13 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

As I understand it they pay income inside the annuity. So until you sell nothing goes on the tax return.
by rec7
Thu Aug 28, 2014 1:11 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

Berkshire Hathaway Inc. or a Vanguard Variable Annuity Ttl Stock Market Idx If you could only pick one to hold for 25 years which one would you choose? Berkshire Hathaway pays no dividends and pulls off some clever 'tricks' to do so. Tax deferred is seen by Buffett as yet more 'free cost cash' i.e....
by rec7
Thu Aug 28, 2014 1:05 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

Berkshire Hathaway Inc. or a Vanguard Variable Annuity Ttl Stock Market Idx If you could only pick one to hold for 25 years which one would you choose? I want something that has no dividends and something I can hold a long time. Vanguard thinks that Fund 0604 distributes "a moderate level of d...
by rec7
Thu Aug 28, 2014 1:01 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

It can change your health care premiums a lot if you are close to the line.
by rec7
Wed Aug 27, 2014 7:14 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Telling my friends I paid off my house was a mistake.

four7s wrote:One of the most important things I've learned is: " Don't expect people to be happy for your success."


Very true most people are jealous.
by rec7
Wed Aug 27, 2014 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Telling my friends I paid off my house was a mistake.
Replies: 73
Views: 10042

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

I need no dividends for other reasons also.
by rec7
Wed Aug 27, 2014 1:17 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Berkshire Hathaway Inc. or a Vanguard Variable Annuity

I want something that has no dividends and something I can hold a long time. I would hold B shares in Berkshire if I picked that. It is a tricky question Berkshire is not as diversified as the total market but the tax man would hit you hard in the variable annuity.
by rec7
Wed Aug 27, 2014 12:31 pm
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Berkshire Hathaway Inc. or a Vanguard Variable Annuity

Berkshire Hathaway Inc. or a Vanguard Variable Annuity Ttl Stock Market Idx

If you could only pick one to hold for 25 years which one would you choose?
by rec7
Wed Aug 27, 2014 11:53 am
 
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc. or a Vanguard Variable Annuity
Replies: 30
Views: 1679

Re: Portfolio advice for Mom at 86 years

I wanted to make my post more clear Pentagon Federal Credit Union CD's in the IRA and in taxable 30% Vanguard Total World Stock Index Fund Investor Shares the rest in Pentagon Federal Credit Union CD's Leaving about 10k in the IRA and 10k in taxable on the side lines for things that might come up. T...
by rec7
Wed Aug 27, 2014 8:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: Portfolio advice for Mom at 86 years

Right now you are paying about $1650 in fees. What I said you would pay about $248 in fees and make about $1500 in one year CD's at Pentagon. The CD's would act as a short term bond. So is is worth about $2902 a year to make the changes?
by rec7
Tue Aug 26, 2014 9:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: Death of family member - what to do financially

I found out I could do some things right after the death but had trouble with a great deal of sorrow later on. All people are different in how they handle sorrow. So if you feel up to it try to do some of it now.
by rec7
Tue Aug 26, 2014 9:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Death of family member - what to do financially
Replies: 26
Views: 3142

Re: Portfolio advice for Mom at 86 years

You could move it all to Vanguard. Move all but 10k of the Traditional IRA at Edward Jones into CD's at Vanguard. Leave the 10k to pay the rent. Then put about 82.5k or 30% of her total into Vanguard Total World Stock Index Fund Investor Shares the rest minus 10k for an emergency fund into CD's at V...
by rec7
Tue Aug 26, 2014 5:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Mom at 86 years
Replies: 23
Views: 1724

Re: When to leave a neighborhood for greener pastures?

I have a friend who has lived in the same inner city neighborhood for 34 years the house price remained the same. It was inter city when she bought it. While houses in the better part of town went up 4 fold. So even if you don't lose money it can be hard to make money.
by rec7
Tue Aug 26, 2014 3:18 pm
 
Forum: Personal Consumer Issues
Topic: When to leave a neighborhood for greener pastures?
Replies: 41
Views: 4020

Re: Telling my friends I paid off my house was a mistake.

Some of my friends are spenders. They love to go places, eat out all of the time, lease cars, redecorate their houses all of the time, etc. My biggest mistake came when a small group of us were talking about a friend's bonus. They asked me what should they do. I told them they could invest it or pa...
by rec7
Mon Aug 25, 2014 10:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Telling my friends I paid off my house was a mistake.
Replies: 73
Views: 10042

Re: Is it me, or are "collectibles" worthless in 2014?

The only place I see people pay high prices for antiques/collectables is on TV. I attend quite a few auctions in my area. Now I know location and market are everything but the prices for the antiques/collectables are pennies of what you would expect if you bought into all of those auction shows on ...
by rec7
Mon Aug 25, 2014 4:18 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 5995

Re: No room on your Windows hard drive? Cleanup Update files

WOW got rid of almost 7G of junk. How often should a person do this? At a nickel a GB, you recovered 35 cents worth of disk space. How often do you think you should do that? Disk space is so cheap that there is an argument to be made to never delete anything ever. Have you ever deleted something pe...
by rec7
Sun Aug 24, 2014 10:57 pm
 
Forum: Personal Consumer Issues
Topic: No room on your Windows hard drive? Cleanup Update files
Replies: 47
Views: 3182

Re: No room on your Windows hard drive? Cleanup Update files

WOW got rid of almost 7G of junk. How often should a person do this?
by rec7
Sun Aug 24, 2014 9:36 pm
 
Forum: Personal Consumer Issues
Topic: No room on your Windows hard drive? Cleanup Update files
Replies: 47
Views: 3182

Re: No room on your Windows hard drive? Cleanup Update files

Thanks I have Vista and had never done this in 8 years. The computer runs better now. I was having trouble on Amazon and now it runs smooth on Amazon. Other sites I did not have to much trouble on.
by rec7
Sun Aug 24, 2014 12:15 pm
 
Forum: Personal Consumer Issues
Topic: No room on your Windows hard drive? Cleanup Update files
Replies: 47
Views: 3182

Re: Is it me, or are "collectibles" worthless in 2014?

I tried to sell some books that were so rare their was only one other seller and still could not get $25 for the book. The book was about 100 years old.
by rec7
Sat Aug 23, 2014 5:27 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 5995

Re: Is it me, or are "collectibles" worthless in 2014?

I am not an expert but this has happened to a lot of stuff since 1999. I used to sell on ebay many years ago. Times got bad and it seemed everybody went to ebay to sell their stuff driving the prices down.
by rec7
Sat Aug 23, 2014 5:16 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 5995

Re: "The Bogleheads' Guide to Investing -- Second Edition"

Alright there are already 9 used copies on Amazon that are listed higher than the new price. The 9 of you come forward. That is something only a true Boglehead would do.
by rec7
Thu Aug 21, 2014 9:23 pm
 
Forum: Investing - Theory, News & General
Topic: "The Bogleheads' Guide to Investing -- Second Edition"
Replies: 42
Views: 5929

Re: Mississippi wins!

Now the question is which cheap state has the best weather? Maybe WV?
by rec7
Tue Aug 19, 2014 1:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mississippi wins!
Replies: 14
Views: 1849

Re: Just Retired Clergy In-laws - Helping them get 'On-Track

Take Big bank savings and EJ money market savings and pay off mortgage put the rest in her out of state bank. Also buy new car with this money they have a lot of cash. If they spend the cash it will not add to their income. Yep - we've been working on them about the new car for years too. We're get...
by rec7
Sun Aug 17, 2014 2:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just Retired Clergy In-laws - Helping them get 'On-Track'
Replies: 13
Views: 1642

Re: Who sells fresh coffee that is not as strong as Starbuck

I have always thought Starbucks coffee tastes strong, even the blond versions. But I do enjoy it. Interesting to read all of your comments. I found this review of cheap coffee rather accurate, and funny. It well describes the different tastes I was having trouble putting into words. http://digg.com...
by rec7
Sat Aug 16, 2014 5:05 pm
 
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 2306

Re: How would the super wealthy use Credit Unions?

I would doubt anyone keeps $100 million in cash. Most would be invested somewhere. And banks have the same insurance limit as CUs - banks are insured by FDIC, most CUs by NCUA. And to avoid exceeding the insurance limit they can use CDARS (but through banks, not CUs) which spreads deposits across m...
by rec7
Sat Aug 16, 2014 2:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: How would the super wealthy use Credit Unions?
Replies: 11
Views: 1455

Re: How would the super wealthy use Credit Unions?

Credit Unions function just like banks, but are not-for-profit and owned by the depositors. How would this be an issue for CUs more than banks? Super wealthy people have unique needs that many banks would also struggle to accommodate, I imagine. Your right I am just a fan of credit unions. But thin...
by rec7
Sat Aug 16, 2014 2:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: How would the super wealthy use Credit Unions?
Replies: 11
Views: 1455

How would the super wealthy use Credit Unions?

It seems they would need so many credit unions that they would spend days filling out the paperwork. Or would they pick a big one like Navy Federal or Pentagon and go over the insurance limit?
by rec7
Sat Aug 16, 2014 2:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: How would the super wealthy use Credit Unions?
Replies: 11
Views: 1455

Re: Who sells fresh coffee that is not as strong as Starbuck

My recommendation for Sbux is to order an Americano, which is a couple of shots of espresso and water. About the same price as a cup of coffee but tastes much better. That is a good idea I might try an Americano Venti with one shot and water. I guess it would be the same price as coffee but not sup...
by rec7
Sat Aug 16, 2014 1:32 pm
 
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 2306

Re: Who sells fresh coffee that is not as strong as Starbuck

Dennys has always had great coffee, they even have a light or dark version now. McDonalds is good, good taste but not too strong. Guess you could check the grams of caffeine. I believe McDonalds small cup is about 95 g vs Starbucks maybe 300. I sure hope it doesn't have that much caffeine. The LD50...
by rec7
Fri Aug 15, 2014 5:28 pm
 
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 2306

Re: Who sells fresh coffee that is not as strong as Starbuck

Other than McDonald's who has the cheapest coffee when a person is traveling.
by rec7
Fri Aug 15, 2014 4:19 pm
 
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 2306

Re: Who sells fresh coffee that is not as strong as Starbuck

What I mean by strong is very high in caffeine. I guess you might say I am looking for some weaker coffee.
by rec7
Fri Aug 15, 2014 3:52 pm
 
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 2306
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