Search found 3998 matches
- Tue Mar 19, 2024 7:13 am
- Forum: Personal Finance (Not Investing)
- Topic: Online Social Security application [question]
- Replies: 18
- Views: 1264
Re: Online Social Security application [question]
Yes, I've read here that the SSA usually makes a followup phone call. One question that I've read they'll probably ask is whether your wife would like to receive (up to) six months of retroactive payments as an initial lump sum. This has the same effect as if she had filed to to start earlier, with a lower monthly benefit, with the first "n" payments "saved up" until now. If she wants the maximum monthly benefit going forward, she should not do this. The online application doesn't mention this possibility IIRC, which is probably why they ask about it in the followup call. I anticipated this issue by including it in my optional remarks at the end of my application: Remarks The following are your remarks: I wish to receive...
- Mon Mar 18, 2024 6:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Online Social Security application [question]
- Replies: 18
- Views: 1264
Re: Online Social Security application [question]
My wife turns 70 on June 28th, so I filled out the application to start benefits in July and clicked done. Her 70th birthday is in June so you should request to start her benefit in June. First payment will be in July. To help eliminate any confusion re: benefit starting month and first payment month, you could add a comment that she wants to start her benefit at age 70, with maximum delayed retirement credits. I applied online last October, for benefits to start at age 70 in January, first deposit in February. After I submitted the application, I was given the opportunity to save/print a copy of the information that I had entered: Background Information for 22 TWAIN Your information was received on October xx, 2023 at hh:mm:ss AM. [snip l...
- Mon Mar 18, 2024 7:12 am
- Forum: Personal Investments
- Topic: Can I retire with $1.75M at age 43?
- Replies: 169
- Views: 11250
Re: Can I retire with $1.75M at age 43?
Have you investigated how much Social Security you'll receive, at least under the current rules? (Of course, this is subject to the future machinations of our Congress-critters, but it will be at least a starting point.)
At age 43, you've probably worked for about 20 years. Your projected benefit will depend a lot on your total SS-covered earnings to date, with your earlier earnings being "raised" according to the national average wage index. At the upper extreme, if your current salary is around $160K and you've been making that amount (inflation adjusted) for most of your career, you could be in line for about $45K of SS per year (in today's dollars!) if you start collecting at age 70, even if you never work for pay again.
At age 43, you've probably worked for about 20 years. Your projected benefit will depend a lot on your total SS-covered earnings to date, with your earlier earnings being "raised" according to the national average wage index. At the upper extreme, if your current salary is around $160K and you've been making that amount (inflation adjusted) for most of your career, you could be in line for about $45K of SS per year (in today's dollars!) if you start collecting at age 70, even if you never work for pay again.
- Sun Mar 17, 2024 1:37 pm
- Forum: Personal Investments
- Topic: ETF vs Index Fund
- Replies: 6
- Views: 815
Re: ETF vs Index Fund
Which ETFs are you looking at?
- Sat Mar 16, 2024 6:30 am
- Forum: Personal Investments
- Topic: MIL's inherited Taxable (sell right away?)
- Replies: 3
- Views: 745
- Sat Mar 16, 2024 3:58 am
- Forum: Personal Consumer Issues
- Topic: Utilities cost?
- Replies: 57
- Views: 4087
Re: Utilities cost?
Our monthly water meter readings are usually in the 500s. On our bill, they’re multiplied by a factor of 10 to get the gallons that we’re charged for.
- Fri Mar 15, 2024 10:26 am
- Forum: Personal Consumer Issues
- Topic: Utilities cost?
- Replies: 57
- Views: 4087
Re: Utilities cost?
We live in the Southeast, so we pay more for gas (heat) in the winter, and more for electricity (A/C) in the summer. Last year we averaged about $314 per month for everything (gas, electricity, water, sewer, garbage pickup). In 2022, $316. In 2021, $329.
This is for a 1500-1600 sq ft house, two people. No hot tub.
This is for a 1500-1600 sq ft house, two people. No hot tub.
- Fri Mar 15, 2024 6:50 am
- Forum: Personal Investments
- Topic: Cash or CD's Instead of Bond Funds
- Replies: 61
- Views: 5453
Re: Cash or CD's Instead of Bond Funds
What does "cash" include, for you?
- Fri Mar 15, 2024 6:32 am
- Forum: Personal Consumer Issues
- Topic: Need Help Finding a Hobby
- Replies: 76
- Views: 6026
- Thu Mar 14, 2024 12:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Medicare and SS payment timing
- Replies: 10
- Views: 884
Re: Medicare and SS payment timing
I paid Medicare Part B premiums via EasyPay automatic ACH debits before starting SS at 70. I did not do anything to stop EasyPay explicitly.
My final EasyPay debit for $174.70 was in January. My first SS payment was for January but was actually paid in February, with $174.70 withheld for Medicare. There was no EasyPay debit in February. A few days ago I received a paper check from the US Treasury for $174.70.
My final EasyPay debit for $174.70 was in January. My first SS payment was for January but was actually paid in February, with $174.70 withheld for Medicare. There was no EasyPay debit in February. A few days ago I received a paper check from the US Treasury for $174.70.
- Thu Mar 14, 2024 6:09 am
- Forum: Personal Consumer Issues
- Topic: Website Provider Recommendation
- Replies: 14
- Views: 1164
Re: Website Provider Recommendation
Thanks for catching that. I've fixed it. Both Safari and TextEdit (when rendering the HTML) tolerated '=' instead of '-' there.
I transcribed those bits of code by hand from the code for my own home page, and the two symbols are on adjacent keys, so it's an easy typo to make.
- Thu Mar 14, 2024 5:15 am
- Forum: Personal Consumer Issues
- Topic: Website Provider Recommendation
- Replies: 14
- Views: 1164
Re: Website Provider Recommendation
Here's a bare-bones index.html that you can use as a template. It assumes the image file is named "'myimage.jpg". <!doctype html> <html lang="en-US"> <head> <meta charset="UTF-8"> <title> This appears in the title bar at the top of the browser window or tab </title> </head> <body> <h1> Page heading which displays in large bold font </h1> <p> <img src="myimage.jpg"> </p> <p> A paragraph of text in your browser's default font. You can have more of these if you want more paragraphs. Note the image above is in its own "paragraph". </p> </body> </html> I created this file using the TextEdit app on my Mac. When I double-clicked on it, my default browser (Safari) opened it and displayed it as a web...
- Tue Mar 12, 2024 2:04 am
- Forum: Personal Finance (Not Investing)
- Topic: Have any of you Frugal Zebras Changed Your (Spending) Stripes?
- Replies: 130
- Views: 10828
Re: Have any of you Frugal Zebras Changed Your (Spending) Stripes?
I drive to hobby-related events in my region about once per month. I used to do these as day-trips, even if it meant a 3-4 hour drive each way.
Now, I stay over a night or two, taking a more leisurely drive with some sightseeing, one or both ways, and/or doing some extra sightseeing at my destination.
I've also upgraded the level of accommodations that I use on these and other road trips, from Super 8 / Days Inn / Motel 6 level to Hampton Inn level.
Now, I stay over a night or two, taking a more leisurely drive with some sightseeing, one or both ways, and/or doing some extra sightseeing at my destination.
I've also upgraded the level of accommodations that I use on these and other road trips, from Super 8 / Days Inn / Motel 6 level to Hampton Inn level.
- Mon Mar 11, 2024 11:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: How Far in Advance to Apply for Social Security
- Replies: 56
- Views: 11055
Re: How Far in Advance to Apply for Social Security
Completing this saga, my first SS payment now shows as "Pending" in my checking account. But wait... there's more! 8-) Yesterday, March 11, I received a paper check via snail-mail from the US Treasury for $174.70. I had been paying my Medicare Part B premium via Easy Pay (direct draft from my checking account). The last such payment was in January. My first SS payment in February, being a month in arrears, had January's Medicare part B premium withheld from it. So I double-paid my January premium, and this is the refund of the extra payment. I would have thought they would simply credit the amount directly to my checking account, because I use(d) the same account for direct debits of Medicare premiums and direct deposits of SS. B...
- Sun Mar 10, 2024 8:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tax question
- Replies: 22
- Views: 1503
Re: Tax question
I'm sure you can find something in this "US vs. the world" mega-thread which is currently ongoing, with more than 5000 posts.Younglearner wrote: ↑Sun Mar 10, 2024 1:04 pmNever found something on the bogleheads that fully states the reasons why someone believes in 100% US stocks.
viewtopic.php?t=409214
- Sat Mar 09, 2024 10:55 pm
- Forum: Investing - Theory, News & General
- Topic: Question about bund funds, NAV, and growth
- Replies: 7
- Views: 930
- Sat Mar 09, 2024 5:59 pm
- Forum: Personal Consumer Issues
- Topic: How much do you spend a month on food?
- Replies: 334
- Views: 29245
Re: What's normal for grocery costs for a family?
How many people are in your family?
$2K-$2.5K seems awfully high to me, but you might have six kids for all I know.
$2K-$2.5K seems awfully high to me, but you might have six kids for all I know.
- Sat Mar 09, 2024 2:48 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mega Thread on Speed of 2023 Tax Refunds
- Replies: 43
- Views: 5042
Re: Mega Thread on Speed of 2023 Tax Refunds
Filed both federal and state returns online 2/29.
Federal refund arrived yesterday, 3/8, via direct deposit.
State (SC) hasn't taken our money yet.
Federal refund arrived yesterday, 3/8, via direct deposit.
State (SC) hasn't taken our money yet.
- Sat Mar 09, 2024 12:02 am
- Forum: Investing - Theory, News & General
- Topic: Social security approval
- Replies: 15
- Views: 2043
Re: Social security approval
Some people are required to do a phone interview to review the application. In our case, they sent a letter asking us to contact a particular person in an SSA office in another state to set up a date and time for the phone interview. At the end of the interview, my husband was approved and things progressed very quickly after that. I was made to jump through a few hoops before getting approved, so it took longer. This may depend on how explicitly you specify your wishes in your application. I delayed until age 70 in order to receive the maximum monthly benefit. At the point in the online application where I had to specify my starting date, I gave the following answers: Benefits to start in 10/2023: No Benefits should start in: 01/2024 The ...
- Fri Mar 08, 2024 1:30 pm
- Forum: Investing - Theory, News & General
- Topic: Social security approval
- Replies: 15
- Views: 2043
Re: Social security approval
Here's my full timeline, from another thread. I applied for my benefit to start in January (payable in February). Yesterday I received an email telling me that my application had been approved. Just now I logged onto my SS account and saw the following: 1. We received your online application on October 19, 2023. 2. We conducted a review of your application on January 3, 2024. 3. We have made a decision to approve your application on January 3, 2024. We have sent a detailed notice to you with your benefit information. You should receive your notice within 10 to 15 days. As I noted in a previous post, I received my "Notice of Award" on January 12. The next day, I mailed my Form W-4V to my local SS office, with my desired federal tax...
- Wed Mar 06, 2024 9:11 am
- Forum: Investing - Theory, News & General
- Topic: RMD withdrawal
- Replies: 5
- Views: 881
Re: RMD withdrawal
After you take the RMD, will you use it to cover part of your spending for this year, or will you re-invest it in your taxable account(s)?
If you're going to re-invest it, I would use some of the VTSAX for the RMD, and then re-invest it in VTSAX in taxable. This would be the most tax-efficient path for the money, going forward.
If you're going to re-invest it, I would use some of the VTSAX for the RMD, and then re-invest it in VTSAX in taxable. This would be the most tax-efficient path for the money, going forward.
- Tue Mar 05, 2024 11:46 am
- Forum: Personal Investments
- Topic: VTI
- Replies: 21
- Views: 4726
Re: VTI
SPY was launched in 1993. It was the first ETF in the US.
https://en.wikipedia.org/wiki/SPDR_S%26P_500_Trust_ETF
VTI was launched in 2001.
- Tue Mar 05, 2024 12:43 am
- Forum: Personal Consumer Issues
- Topic: sauna or hot tub, which to get and why?
- Replies: 51
- Views: 4431
- Sat Mar 02, 2024 11:45 pm
- Forum: Personal Consumer Issues
- Topic: Trip from KC to Bozeman
- Replies: 41
- Views: 2806
Re: Trip from KC to Bozeman
The Patee House (hotel) museum three blocks up the street is also worth visiting. The Pony Express's post office was located there. There are exhibits about the Overland Mail stagecoach service, and other transportation related stuff. Oh, and Walter Cronkite's father's dental office.
I got a lot out of my stop in St. Joseph, on my way between Omaha and Kansas City some years ago.
- Sat Mar 02, 2024 12:47 am
- Forum: Personal Investments
- Topic: SS Delay Bridge - But how?
- Replies: 21
- Views: 2191
Re: SS Delay Bridge - But how?
What percentage of your savings/investments are your projected annual expenses? (including health insurance and taxes)
What percentage of your expenses will SS cover when you finally start collecting it?
- Thu Feb 29, 2024 4:12 pm
- Forum: Personal Consumer Issues
- Topic: Things to do in Minnesota
- Replies: 43
- Views: 3185
Re: Things to do in Minnesota
If the kids are interested in trains, Duluth has the Lake Superior Railroad Museum. It runs excursion trains (the North Shore Scenic Railroad) along the lake to Two Harbors. I’ve never done it, but I want to do it someday.
- Thu Feb 29, 2024 9:12 am
- Forum: Personal Investments
- Topic: Retiring in one year - How to generate a safe cash flow?
- Replies: 19
- Views: 2946
Re: Retiring in one year - How to generate a safe cash flow?
I may have simply overlooked it, but I don’t think you’ve mentioned how much cash flow you need or want. What are your anticipated expenses during retirement?
- Wed Feb 28, 2024 10:10 am
- Forum: Investing - Theory, News & General
- Topic: "How much should I have in my 401k" article for various ages - thoughts?
- Replies: 45
- Views: 6222
Re: "How much should I have in my 401k" article for various ages - thoughts?
Around here, a lot of people would say you're supposed to be FIRE'd by age 50!GreendaleCC wrote: ↑Wed Feb 28, 2024 9:11 amYikesBy Age 50
If you don’t, now would be a good time to start making those catch-up contributions and to start saving in other retirement vehicles such as a Roth or Traditional IRA as well.
- Tue Feb 27, 2024 10:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: When did your Net Worth surpass your lifetime earnings?
- Replies: 93
- Views: 11644
Re: When did your Net Worth surpass your lifetime earnings?
I started my first full-time job at age 29, and retired at 63. At that time, my portfolio (in today's dollars) was about 60% of my total adjusted earnings (including employer contributions to retirement plans, in today's dollars, with each year's earnings adjusted for inflation). Now, at age 70, my portfolio is about 70% of my total adjusted earnings in today's dollars. About 25%-30% of my current portfolio stems from an inheritance that I received in my mid 50s. So if I hadn't had the inheritance, the percentages above would be about 42%-45% at age 63 and about 49%-52% now. While working, I saved an average of 25% of my earnings (including employer contributions to retirement), lower in the early years and higher in the later years. I'm an...
- Tue Feb 27, 2024 8:59 am
- Forum: Personal Finance (Not Investing)
- Topic: How to deal with/spend too much money?
- Replies: 91
- Views: 8904
Re: How to deal with/spend too much money?
- Mon Feb 26, 2024 5:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: When did your Net Worth surpass your lifetime earnings?
- Replies: 93
- Views: 11644
Re: When did your Networth surpass your lifetime earnings?
For this comparison, shouldn't we adjust previous years' earnings upwards for inflation, in order to express everything in today's dollars?
- Sat Feb 24, 2024 5:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: Debit card vs. credit card at the ATM
- Replies: 11
- Views: 1297
Re: Debit card vs. credit card at the ATM
To me, ten bucks plus a few days' interest, caused by my own mistake, isn't enough to get worked up over.
- Fri Feb 23, 2024 10:35 pm
- Forum: Personal Finance (Not Investing)
- Topic: PIA Question
- Replies: 10
- Views: 1195
Re: PIA Question
Yes. To be more precise in terminology, "wages" = "indexed earnings", i.e. your wages after applying the indexing factors. The indexing factors increase each year, not only for your current year's earnings (which are zero if you stop working) but also for all your previous years' earnings.
- Fri Feb 23, 2024 9:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: PIA Question
- Replies: 10
- Views: 1195
Re: PIA Question
From the "horse's mouth": https://www.ssa.gov/oact/cola/piaformula.html
That page shows how the SSA calculated this year's (2024) bend points, starting with the bend points for 1979 (which I assume are written into law somewhere) and the average wage indices (AWI) for 1977 and 2022.
If the AWI increases by 5% from 2022 to 2023, then the bend points will also increase by 5% from 2024 to 2025.
If you have no earnings this year that contribute to the total indexed earnings for your highest 35 years, then your total indexed earnings and your averaged indexed monthly earnings (AIME) will also increase by 5%, matching the increase in the AWI.
- Fri Feb 23, 2024 3:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: Debit card vs. credit card at the ATM
- Replies: 11
- Views: 1297
Re: Debit card vs. credit card at the ATM
The two cards have the same PIN. In retrospect, that was a mistake, and I should change one of them. I didn't think about it because I don't ever remember using the PIN on a credit card.
- Fri Feb 23, 2024 1:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: Property Tax Rates - How are they calculated?
- Replies: 12
- Views: 1136
Re: Property Tax Rates - How are they calculated?
As far as I can tell by Google-searching Wikipedia, there are two possibilities.
Harris County, Georgia (county seat is Hamilton) has a population of about 35,000.
Harris County, Texas (county seat is Houston) has a population of about 4,700,000.
I'm laying odds of 134:1 that the OP is in...
- Fri Feb 23, 2024 11:54 am
- Forum: Personal Finance (Not Investing)
- Topic: Debit card vs. credit card at the ATM
- Replies: 11
- Views: 1297
Re: Debit card vs. credit card at the ATM
Since the "cost" of my mistake was relatively low - I considered it paying a "stupid tax" and vowed to avoid paying it again in the future. That's how I feel about it. I also view this as a learning experience, watching how the fee and interest play out, as you note below. I've never taken a cash advance from a credit card. It's also been many years since I carried a balance from one month to another, which I did only a few times. I would suggest that it may not be a be a "one and done" thing with any interest accruing (and what charges start accruing interest). If I remember correctly - I think it took two billing cycles to completely clear the interest and fees for my mistake. That's what I'm curious about. ...
- Fri Feb 23, 2024 9:51 am
- Forum: Personal Finance (Not Investing)
- Topic: Debit card vs. credit card at the ATM
- Replies: 11
- Views: 1297
Debit card vs. credit card at the ATM
Yesterday I needed some cash, so I decided to "exercise" the debit/ATM card for my secondary checking account. I put the card in my wallet (it's normally in my desk because I almost never use it) and went to the local branch of that bank. Upon driving up to the ATM, I opened the bank's app to unlock the card, and inserted the card in the ATM. The interface looked unfamiliar, but I figured that was simply because I normally use my other checking account at a different bank, where I'm familiar with its ATM. I got my cash, card and receipt from the machine, then opened the app to lock the card again. I saw a text alert for the transaction, as I expected. However, instead of saying something like "ATM withdrawal for $100 from che...
- Fri Feb 23, 2024 8:37 am
- Forum: Personal Finance (Not Investing)
- Topic: High Salary (>$500,000) careers
- Replies: 244
- Views: 28599
Re: High Salary (>$500,000) careers
So not the old-fashioned kind of architects? You know, the ones who design buildings.Wannaretireearly wrote: ↑Fri Feb 23, 2024 8:29 amI don’t want to get too specific. Technology area senior Architects.
- Thu Feb 22, 2024 11:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: High Salary (>$500,000) careers
- Replies: 244
- Views: 28599
Re: High Salary (>$500,000) careers
An annual income of $500K puts one in the top 1%-2% of their age group in the US.
https://dqydj.com/income-percentile-by-age-calculator/
I realize this is Lake Wobogle where everybody is in the top 10% to begin with, but I hope the OP isn't going to lead his kids to feel that they've failed if they don't reach the $500K mark.
https://dqydj.com/income-percentile-by-age-calculator/
I realize this is Lake Wobogle where everybody is in the top 10% to begin with, but I hope the OP isn't going to lead his kids to feel that they've failed if they don't reach the $500K mark.
- Thu Feb 22, 2024 5:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: High Salary (>$500,000) careers
- Replies: 244
- Views: 28599
Re: High Salary (>$500,000) careers
My wife and I both had that, at a small private college in flyover country. We ate our big meals there. We never earned more than about $175K combined, in today's dollars, including the college's contributions to our 403(b) accounts. But we're doing fine in retirement in our 70s, still with about 50x current expenses in our portfolios, plus Social Security. However, we didn't retire particularly early, at ages 62 and 63.
- Thu Feb 22, 2024 2:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: High Salary (>$500,000) careers
- Replies: 244
- Views: 28599
- Tue Feb 20, 2024 10:38 pm
- Forum: Personal Investments
- Topic: Super beginner question about my current work retirement funds
- Replies: 16
- Views: 1914
Re: Super beginner question about my current work retirement funds
Does your current employer offer a retirement plan (401K, 403B, etc.)?
- Tue Feb 20, 2024 10:01 pm
- Forum: Personal Consumer Issues
- Topic: Best place to buy personal domain? Best place to host it? (for email)
- Replies: 53
- Views: 5323
Re: Best place to buy personal domain? Best place to host it? (for email)
I've also used Namecheap for my domains, for about ten years now.
For email I use Google Workspace, the paid version of Gmail. (You can't use a custom domain with free Gmail, unless you have an old account that's grandfathered under their old rules.) I went that route because the college where I worked before retiring used GW so I was familiar with the user-level interface. I did have to learn admin-level stuff. Google provides instructions for setting up GW with various external domain registrars including Namecheap. The lowest level version of GW, called Business Starter IIRC, is sufficient for my needs.
For email I use Google Workspace, the paid version of Gmail. (You can't use a custom domain with free Gmail, unless you have an old account that's grandfathered under their old rules.) I went that route because the college where I worked before retiring used GW so I was familiar with the user-level interface. I did have to learn admin-level stuff. Google provides instructions for setting up GW with various external domain registrars including Namecheap. The lowest level version of GW, called Business Starter IIRC, is sufficient for my needs.
- Mon Feb 19, 2024 11:26 pm
- Forum: Personal Consumer Issues
- Topic: What inferior good do you love?
- Replies: 232
- Views: 25558
Re: What inferior good do you love?
I should have looked at the Waffle House web site, or the Wikipedia page about them. They're in only 25 states, mostly in the southeast and midwest, where I've spent most of my life. None are in New York, New England, or the west coast states. The furthest west they go is Arizona.
- Mon Feb 19, 2024 2:05 am
- Forum: Personal Consumer Issues
- Topic: How to get my road paved
- Replies: 77
- Views: 5879
Re: How to get my road paved
In my area, board members have roads to their neighborhood well maintained and paved. My state (SC) maintains a lot of roads that in most other states would be maintained by local authorities (cities and counties), including the street that passes our house in a residential subdivision. There is a rural road that I occasionally drive on as a shortcut to an out-of-town destination. For many years, it was in slightly ragged condition, mostly OK but I had to watch out for potholes and crumbling sections. Most of it is maintained by the state. One section, a few hundred yards long, is bracketed by signs saying "END STATE MAINT" and "BEGIN STATE MAINT". This section is maintained by the county, and has usually been in better...
- Mon Feb 19, 2024 1:32 am
- Forum: Personal Finance (Not Investing)
- Topic: Investment Account Newbie -- Taxes on Monthly Dividends?
- Replies: 13
- Views: 1060
Re: Investment Account Newbie -- Taxes on Monthly Dividends?
From his opening post:Raspberry-503 wrote: ↑Sun Feb 18, 2024 10:19 pm Your expectation of paying taxes only on selling is likely because you have held stocks that pay no dividends.
killjoy2012 wrote: ↑Sat Feb 17, 2024 5:32 pm I've been investing in tax advantaged accounts for decades, but jumped into regular investment accounts last year...
- Sun Feb 18, 2024 12:27 am
- Forum: Personal Investments
- Topic: Retirement investments
- Replies: 12
- Views: 1658
Re: Retirement investments
Me three. Don't try to find the needles in the haystack. Just buy the haystack, and you'll get the needles along with it.mhadden1 wrote: ↑Sun Feb 18, 2024 12:05 amYes, me neither. That's why the Bogleheads approach resonated with me - it favors buying and holding inexpensive index funds to get market returns. No need to research companies and make stock-picking decisions.Leah/Banks wrote: ↑Sat Feb 17, 2024 9:52 pm I do not consider it a skill of mine to do market research and know what individual stocks to buy.
- Sun Feb 18, 2024 12:11 am
- Forum: Personal Consumer Issues
- Topic: What inferior good do you love?
- Replies: 232
- Views: 25558
Re: What inferior good do you love?
There's a state that doesn't have Waffle Houses?jaqenhghar wrote: ↑Sat Feb 17, 2024 6:44 pm+ 1.
Fun story: grew up in a state that had many Waffle Houses
I ate lunch at one just yesterday, on a day-trip to a hobby event in the suburban fringe of a nearby city. I've eaten at that particular WH many times on my way into that city. Sausage, egg & cheese hashbrown bowl, yum.
- Fri Feb 16, 2024 5:27 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security -- What’s in Your Retirement Plan?
- Replies: 47
- Views: 3629
Re: Social Security -- What’s in Your Retirement Plan?
We both started SS at 70: my wife, five years ago; I, this past week. Our combined benefits currently more than cover our expenses. We also have more than enough assets to cover the projected cuts if Congress does nothing about them.