Search found 2212 matches

by Christine_NM
Mon May 23, 2016 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for a soon-to-be MLB draftee
Replies: 35
Views: 3199

Re: Advice for a soon-to-be MLB draftee

My favorite baseball advice from Moneyball: Billy Beane: You think you're special? David Justice: Well, you are paying me 8 million dollars a year, so yeah. Billy Beane: No, no. We aren't paying you. The Yankees are paying half of your salary. The Yankees are paying you 4 million dollars to play aga...
by Christine_NM
Sun May 22, 2016 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Still double checking bank checkbook math?
Replies: 46
Views: 2284

Re: Still double checking bank checkbook math?

I keep my checkbook on an Excel spreadsheet and generally double check. The bank does not seem to make mistakes though from time to time I do (forgetting to enter data). Me too. I use cell colors to indicate completed transactions and reconciled balance. Now that transactions (check charges and dep...
by Christine_NM
Thu May 19, 2016 1:46 pm
Forum: Personal Consumer Issues
Topic: Dark wood tile floors (not real wood)
Replies: 10
Views: 1032

Re: Dark wood tile floors (not real wood)

I did my (former) house all in porcelain tile. Mainly rose-beige, living room was chocolate, bedrooms terra cotta, master white. No dust problems -- the dust gets blown to the perimeter so that is where I found it when swiffering. No wood look, just tile. Porcelain is very hard and anything you drop...
by Christine_NM
Wed May 18, 2016 7:10 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?
Replies: 87
Views: 6945

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?

My mother moved in with me when she was 73. We tried a lot of combinations of responsibilities, but quickly found that what worked best was for each of us to be as independent of the other as possible. It was OK to share the physical space, but it did not change the fact that we each had different h...
by Christine_NM
Wed May 18, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking help with my mother's finances
Replies: 16
Views: 903

Re: Seeking help with my mother's finances

I'm still thinking on this... For a bit more income and growth you could combine VTAPX and VTINX into VBIAX (Balanced index admiral) which has an SEC yield of a bit over 2%. Leave VWIAX as is. That move would also increase equity exposure (risk) so take some cash out for a savings account (why was a...
by Christine_NM
Wed May 18, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Seeking help with my mother's finances
Replies: 16
Views: 903

Re: Seeking help with my mother's finances

I'm sorry for your mother's rather overwhelming situation. Can you figure out her federal income tax rate? Sounds low, maybe 0% cap gains tax so Wellesley is reasonable to keep in a taxable account. But single filers quickly move to 25% bracket so I'm not sure.. Are you reinvesting her mutual fund d...
by Christine_NM
Wed May 04, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should my Mom take a large distribution from her IRA before I inherit it?
Replies: 22
Views: 2319

Re: Should my Mom take a large distribution from her IRA before I inherit it?

As mentioned, she has a few other assets - about 80K in a bank savings account and about 40K in an investment account at the same place as her IRA. As far as I understand, those accounts will go through probate (in GA) (even though she has a will) and all that entails. You do not need to switch to ...
by Christine_NM
Wed May 04, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Personal Capital says I'm way off track..what do you think?
Replies: 50
Views: 6620

Re: Personal Capital says I'm way off track..what do you think?

Don't know about the phone number question, probably PC could find you but might not bother if you give them a fake number. Even tho this is an old thread I feel compelled to comment on the following: He said I was extremely high in the Tech sector and large caps and extremely low in small cap stock...
by Christine_NM
Tue May 03, 2016 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2648

Re: SPIA for 86 yo?

The request is: An investment like a 2.5% CD I recommended several years ago. Why are you considering an annuity with or without survivor option? She asked for a CD, no? She asked about something the OP recommended. Why didn't the OP mention that the monthly payment from a SPIA is higher. Shouldn't...
by Christine_NM
Tue May 03, 2016 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2648

Re: SPIA for 86 yo?

The request is: An investment like a 2.5% CD I recommended several years ago. Why are you considering an annuity with or without survivor option? She asked for a CD, no? There's no indication of desire to part with her capital. I would find a few CDs from different banks and brokers and let her cho...
by Christine_NM
Mon May 02, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Potential Employer was excited to hire me! Then silence... What did I do?
Replies: 60
Views: 6348

Re: Potential Employer was excited to hire me! Then silence... What did I do?

Along the lines of commitment to job, there is the unmentionable issue of future pregnancy for a young married teacher. This may loom in the minds of those hiring and not wanting to have to deal with either a pregnant teacher and future family leave if she stayed or another hire if she left. Stereot...
by Christine_NM
Sun May 01, 2016 2:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?
Replies: 12
Views: 1250

Re: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?

ajacobs - In the past I liked Short Term Bond Index (VBISX) but the yield was dismal last time I looked. More recently I used Short Term Investment Grade in my IRA. When in the market for a taxable short term bond fund I use Vanguard's compare tool on all their short bond funds and see what looks be...
by Christine_NM
Sun May 01, 2016 1:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?
Replies: 12
Views: 1250

Re: Vanguard Limited-Term Tax-Exempt Fund > Ally Bank?

This is a timely thread for me about Limited Term TE fund (VMLUX). I have 6 figures in VMLUX and have been taking the 1.29% cash distributions while waiting to be old enough to qualify for a 5.5% rate on a charitable gift annuity. I am now officially old enough, so I put in a sale of all shares toda...
by Christine_NM
Sat Apr 30, 2016 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help: Have Advisor, Would Rather Have Gains
Replies: 19
Views: 2259

Re: Please Help: Have Advisor, Would Rather Have Gains

So, what's the best place for a pile of cash? If keeping a multi-year safety net because of an odd job market isn't a bad idea, but the market has a risk factor, what's the best course of action to be prepared for the worst but engaged in potential maximization of return? *snip* Noted. Thanks! Woul...
by Christine_NM
Fri Apr 29, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: If not Children - Who/What Leave Estate To?
Replies: 27
Views: 2788

Re: If not Children - Who/What Leave Estate To?

I have no kids, so will leave most to my alma mater's general fund. I did have a specific scholarship fund set up for specific studies, but I have come to believe the money can be most efficiently used as part of the general fund. Will leave my house and a meaningful amount in cash to a friend/house...
by Christine_NM
Fri Apr 29, 2016 12:02 pm
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 105
Views: 8111

Re: Selling in May and Walking Away?

Many of you are too young to remember, but the bull market of 1982-2000 began in August 1982. I remember because I started saving thru an employee savings plan as soon as eligible, in September 1982. I put it all in diversified stock, i.e. S&P 500. What timing. OP, your job is to save and invest...
by Christine_NM
Thu Apr 28, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Are females just not interested in investing in general or is it just the women that I date?
Replies: 89
Views: 9761

Re: Are females just not interested in investing in general or is it just the women that I date?

takeshi wrote:...and please use paragraphs.


+1

I would never marry a man who did not write for his readers. How you write says a lot about you.
by Christine_NM
Thu Apr 28, 2016 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Specific funds vs retirement fund question.
Replies: 12
Views: 969

Re: Specific funds vs retirement fund question.

Hi lepa - I think your question was clear, but what stood out in your original post was the inappropriate use of 3 Target Funds. Try the following: (1) Decide how much are you willing to lose in a market downturn. Given that you could lose half of whatever you have in stocks, and bonds will stay rel...
by Christine_NM
Tue Apr 26, 2016 12:39 pm
Forum: Personal Consumer Issues
Topic: Holes in the heels of black dress socks
Replies: 30
Views: 1942

Re: Holes in the heels of black dress socks

Give Thorlo dress socks a try. I have a lot of casual Thorlos and they never wear out. Eventually they look a little washed out, but I never got a hole. I tried a pair of Thorlo black "hiking" socks on a promotion. The socks fell apart after the first wash. They didn't think that through ...
by Christine_NM
Tue Apr 26, 2016 11:30 am
Forum: Personal Consumer Issues
Topic: Holes in the heels of black dress socks
Replies: 30
Views: 1942

Re: Holes in the heels of black dress socks

Give Thorlo dress socks a try. I have a lot of casual Thorlos and they never wear out. Eventually they look a little washed out, but I never got a hole.
by Christine_NM
Sun Apr 24, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Me vs. Vanguard
Replies: 24
Views: 4035

Re: Me vs. Vanguard

On the last point, I've been happy with the stability of 20-25% of my bonds in Limited Term Tax-Exempt. I appreciate the NAV's relative stability. The rest is in Total Bond and Corporates. I too sold individual TIPS last year although at a good profit. Don't know what to tell you there, except stock...
by Christine_NM
Sun Apr 24, 2016 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: How would you recommend I invest $500k to generate maximum monthly income with relatively low risk?
Replies: 24
Views: 3770

Re: How would you recommend I invest $500k to generate maximum monthly income with relatively low risk?

Loss of 5-10% is a big spread. If we figure a 7.5% loss maximum, then put no more than 15% in an equity fund and use the rest for bonds and cd's. My reasoning is that you should be willing to absorb a 50% loss in your equity allocation. 15% equities * 0.5 loss = 7.5% portfolio loss. Or adjust to fit...
by Christine_NM
Fri Apr 22, 2016 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about buyout of marital home in divorce
Replies: 25
Views: 2431

Re: Questions about buyout of marital home in divorce

Sorry to say this, but it sounds like he wants to buy you out as cheaply as possible, then hopes to sell at a premium so that he ends up with cash for more than half of the real selling price of the house. No doubt his deal will emphasize his costs and taxes and not really compare the cash you get n...
by Christine_NM
Fri Apr 22, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: "The Index Card"
Replies: 19
Views: 2956

Re: Odean study

Aha! Yes, that was it. Thank you, Taylor.

His conclusion sounds remarkably like my first effort at stock investing in the 70s with Dean Witter.
by Christine_NM
Fri Apr 22, 2016 4:19 pm
Forum: Investing - Theory, News & General
Topic: "The Index Card"
Replies: 19
Views: 2956

Re: "The Index Card"

I do wonder though, how this can be: "One of the more pathetic studies shows that the stocks that people sold outperformed the stocks that people bought." Since one would think stocks sold = stocks bought, so sales of outperforming stocks = purchases of outperforming stock. I also have so...
by Christine_NM
Sun Apr 17, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need A Trust Company
Replies: 19
Views: 1664

Re: Need A Trust Company

For the house, some states allow a transfer-on-death deed to be filed with your county or other appropriate entity. This takes the house out of the owner's estate upon death (like a TOD bank account or an IRA with a named beneficiary) and the new owner can take care of the place immediately. That wo...
by Christine_NM
Sun Apr 17, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! HR Doesn't Believe in Index Funds for 401k
Replies: 64
Views: 5692

Re: HELP! HR Doesn't Believe in Index Funds for 401k

In all fairness to the committee, it was your initial inquiry that started the performance contest between index and active funds, implying they should add index funds because they are better, not just a different strategy that should be made available. If I had to reply to the reply, I'd humbly say...
by Christine_NM
Sat Apr 16, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 6652

Re: Postnuptial agreement for Physician

I wanted to write something positive, but sorry, most of it sounds negative. The takeaway is you have a brand new marriage and can't evaluate what it will be worth to you yet. Work on honest communication in all areas before you tackle the postnup talk. Maybe by then you will decide it is not necess...
by Christine_NM
Tue Apr 12, 2016 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Experience with Fidelity?
Replies: 51
Views: 3799

Re: Experience with Fidelity?

I have had both Fidelity and Vanguard accounts. Ultimately I consolidated at Vanguard because I understood their fund lineup better. I could not get a feel for what Fidelity was selling except that most of it I did not want. This was before Spartan funds -- the very name Spartan, and other names lik...
by Christine_NM
Wed Apr 06, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: Dental implant or retreatment of root canal?
Replies: 9
Views: 872

Re: Dental implant or retreatment of root canal?

Rupert - If it turns out you are a candidate for an implant, go ahead, it is worth the cost. It does not involve a lot of pain and suffering. With the caveat that you need a very good dentist to do the implant, not someone who learned it late in life at a weekend conference or some such. And you nee...
by Christine_NM
Tue Apr 05, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: "Simple vs. Complex"
Replies: 12
Views: 1880

Re: "Simple vs. Complex"

Thanks, Taylor. That's so well-written and a joy to read. I wanted to paste one sentence from it but then could not decide which one I liked best.
by Christine_NM
Tue Apr 05, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Couple needs some good advice from Bogleheads
Replies: 30
Views: 2934

Re: Couple needs some good advice from Bogleheads

Like tibbitts I did not reply at first to your post because it seemed clear you were not inclined toward long-term buy and hold regardless of circumstances.... Again, I don't understand where this assumption comes from. I am planning to buy and hold for the long-term. My concern is investing a larg...
by Christine_NM
Tue Apr 05, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Couple needs some good advice from Bogleheads
Replies: 30
Views: 2934

Re: Couple needs some good advice from Bogleheads

I tend to disagree with tibbitts' point. While no one knows exactly where we are in the economic cycle, we do know that equities are quite expensive at this point in time. My question is whether it makes sense to wait for a correction, put everything in now or to dollar-cost average over a year or ...
by Christine_NM
Mon Apr 04, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5705

Re: is foreign investing really worth it

... So in retirement with a life expectancy of about 15 years (or more hopefully) and no need for extra risk it looks like the US might be the place to overweight. If you are 30 and have 55 years of investing - who know what the world will look like so why not have a decent international equity all...
by Christine_NM
Mon Apr 04, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: Where is it? [Vanguard GNMA fund distribution]
Replies: 23
Views: 1880

Re: Where is it? [Vanguard GNMA fund distribution]

OK as long as you know the types of distributions you get I am cool. I was in the fund 1995-2002 and happy with it. Stop with the dates. Just because in 2015 the cg was paid on 3/30 doesn't mean it has to be paid on the 30th this year.
by Christine_NM
Mon Apr 04, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: When is it ok to splurge?
Replies: 83
Views: 8133

Re: When is it ok to splurge?

My Dad was like SouthernCPA. He was not happy without a boat. His first was a 30ft racing sloop he bought for $700 after it had been damaged in a hurricane. He spent a year on repairs while taking sailing classes. Blue Water Sailing Club (MA) used to meet in our rec room (basement) in winter. Dad kn...
by Christine_NM
Mon Apr 04, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: Where is it? [Vanguard GNMA fund distribution]
Replies: 23
Views: 1880

Re: Where is it? [Vanguard GNMA fund distribution]

If they decided they would pay only $0.003 instead of the $0.01, why not do it on March 30 as scheduled? Why monkey around with the payout dates? :shock: I too think this thread has run its course, but cannot leave with a fund owner apparently not understanding March distributions. The mid-March di...
by Christine_NM
Mon Apr 04, 2016 1:37 am
Forum: Investing - Help with Personal Investments
Topic: All in one or 3 fund in His 401k?
Replies: 4
Views: 419

Re: All in one or 3 fund in His 401k?

I would go with DIY option B to get the stock/bond allocation where you want it, and to know you would not be subject to Vanguard re-engineering the Target funds in the future. The ERs are low enough with either option. I don't care at all about international bonds so it would be an easy decision fo...
by Christine_NM
Fri Apr 01, 2016 1:17 pm
Forum: Personal Consumer Issues
Topic: Five Best National Parks to Visit?
Replies: 99
Views: 7229

Re: Five Best National Parks to Visit?

All of the above, plus Rocky Mountain National Park near Denver for scenery and day hiking and Mesa Verde NP in CO for something you won't see anywhere else. If you get tired of lush scenery (and forest fire warnings), there is also Carlsbad Caverns NP in NM and Big Bend in TX. It is very hard to pi...
by Christine_NM
Thu Mar 31, 2016 12:30 am
Forum: Investing - Theory, News & General
Topic: Unconventional Investing
Replies: 19
Views: 2012

Re: Unconventional Investing

I can't help but be curious about the basic thesis of "The Unconventional Investor".


Curiosity killed the cat. KISS.
by Christine_NM
Mon Mar 28, 2016 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: VWINX returns going forward?
Replies: 6
Views: 1049

Re: VWINX returns going forward?

Will - You did not say if your Wellesley holding would be taxable or not. If for some reason you have no tax-sheltered space, then stay with index funds and maybe tax-exempt bonds. But low-ish cost high-dividend VWINX is fine for an IRA. We can't predict going forward, and I for one am just as glad ...
by Christine_NM
Mon Mar 28, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Why have more than 20% in bonds?
Replies: 37
Views: 3850

Re: Why have more than 20% in bonds?

If I'm using a 3-4% withdrawal rate, why should I have more than 20% in bonds/cash?... Even if I moved it to 30%, that would give me 7-10 years before selling any stock, so why do people in retirement have 40-70% in bonds? Your w/d rate may work most years, but sometimes you will need/want more. Wh...
by Christine_NM
Mon Mar 28, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Why have more than 20% in bonds?
Replies: 37
Views: 3850

Re: Why have more than 20% in bonds?

duplicate removed
by Christine_NM
Sat Mar 26, 2016 6:39 pm
Forum: Personal Consumer Issues
Topic: [Recommend book(s) on] Critical thinking, suggestion please?
Replies: 42
Views: 3392

Re: [Recommend book(s) on] Critical thinking, suggestion please?

William -

Yep. When I said I do not usually go far wrong, I really meant that if I am being illogical or committing a logical fallacy at least I usually know it. I may continue on my wrongheaded path or not, but I do not pretend there is logic where there is only personal preference.
by Christine_NM
Sat Mar 26, 2016 2:57 pm
Forum: Personal Consumer Issues
Topic: [Recommend book(s) on] Critical thinking, suggestion please?
Replies: 42
Views: 3392

Re: [Recommend book(s) on] Critical thinking, suggestion please?

Look for books titled "Introduction to Mathematical Logic". Lots of highly rated ones on Amazon. This is not math, it's logic. But you need it presented in an organized, textbook way, not in a narrative colored by the opinions of the author. I took a math logic course in college 50 years a...
by Christine_NM
Fri Mar 25, 2016 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's necessary if still working
Replies: 7
Views: 718

Re: RMD's necessary if still working

For personal IRAs RMDs are required regardless of employment. For employer plans, it depends on the terms of the plan. RMDs can be required or waived while you are an employee. IRS says this about employer plans like 401k, 403b: Terms of the plan govern The plan’s terms may allow you to wait until t...
by Christine_NM
Thu Mar 24, 2016 12:24 pm
Forum: Investing - Theory, News & General
Topic: Can you be a Boglehead and not hold international equity?
Replies: 38
Views: 3319

Re: Can you be a Boglehead and not hold international equity?

I only ask this simple question: How can you be considered to be broadly diversified when you are limited to the U.S. domestic market? Especially given the fact the U.S. is composed of less than half of global markets? "Diversified" does not mean owning a tiny bit of everything. It means ...
by Christine_NM
Tue Mar 22, 2016 4:05 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1544
Views: 348296

Re: What Book Are You Currently Reading? Part VI

I just bought I Hate the Internet by Jared Kobek. Looks like fun but I have to finish Irene Huss series Glass Devil first. So heads up but no review for those who find the title intriguiing.
by Christine_NM
Mon Mar 21, 2016 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 8031

Re: I don't have anyone else to brag about this to

Congrats. I was 10 years older when I paid off the mortgage and whispered to the bank teller, I don't owe anyone anything anymore, wow!

You are right not to brag to real people you know. 8-)
by Christine_NM
Sun Mar 20, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Wellesly Income - Single Best Investment for not losing money in massive downturns, with upside? Better alternatives?
Replies: 39
Views: 4807

Re: Wellesly Income - Single Best Investment for not losing money in massive downturns, with upside? Better alternative

Agree with maj and sawhorse - Wellesley is even better when combined with broad stock-and-bond fund(s). Of course I really mean your portfolio is better when it combines both than with either fund alone. You get a defense and an offense.

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