Search found 2484 matches

by Christine_NM
Tue Aug 15, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 23
Views: 1840

Re: Accountant liable for penalties?

This reminds me of my mother's final tax return. She died in March 2008, with not enough income to trigger the need to file a tax return. I did the taxes as I usually did for her, but did not file and paid no estimated tax, her usual method. However there were some stock sales (at a loss) in early 2...
by Christine_NM
Mon Aug 07, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from Medicare Cost to Original/tradional medicare?
Replies: 5
Views: 592

Re: Switching from Medicare Cost to Original/tradional medicare?

You sent me reading about MC in general and the Kaiser Medicare Plus in particular. First red flags are the Kaiser plan has a $400 drug deductible before it pays anything on meds, then offers no donut hole coverage. Your information/conclusion is incorrect. My Kaiser Medicare Cost plan, for which I...
by Christine_NM
Mon Aug 07, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Switching from Medicare Cost to Original/tradional medicare?
Replies: 5
Views: 592

Re: Switching from Medicare Cost to Original/tradional medicare?

You sent me reading about MC in general and the Kaiser Medicare Plus in particular. First red flags are the Kaiser plan has a $400 drug deductible before it pays anything on meds, then offers no donut hole coverage.
by Christine_NM
Thu Aug 03, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3259

Re: MIL wants to move in with us

bottlecap -

I'm not sure what you are objecting to in my post. Let's stick to OP situation and not fight amongst ourselves.
by Christine_NM
Thu Aug 03, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3259

Re: MIL wants to move in with us

If your wife is willing to care for MIL, your kids, and all the pets, not to mention feed you, I don't see how you can say no without being selfish. If everyone agrees it doesn't work once you've tried your wife's plan, there's always the Home. :( But for now, make sure FIL is OK. It can be very dan...
by Christine_NM
Thu Aug 03, 2017 12:04 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21114

Re: A poll: How much money do you need to retire?

staythecourse wrote: In your world there is not one blue collar worker that is retired then? They are either unemployed, between jobs, disabled, or dead?


That's right. Not one is fully retired or likely to be so.
by Christine_NM
Wed Aug 02, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21114

Re: A poll: How much money do you need to retire?

Sorry, guys, those days are gone for today's wannabe retirees. Seems like everything that advances a person now first sets you back way too much, so the gain is minimized. What do you mean by this? Mainly I was thinking of educational opportunities and the rise of student debt. Also, the loss of em...
by Christine_NM
Wed Aug 02, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21114

Re: A poll: How much money do you need to retire?

For a different perspective, I'm looking backward at how much I spent during the first 13 years of retirement, from 12/2004 till now. Estimating 40k/yr expenses plus net new house price and annuity purchase and one-time medical expenses, I've spent a little over 1M so far, or 80k/yr. Doing OK, still...
by Christine_NM
Thu Jul 27, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 28
Views: 4614

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

I can't make out the Global Wellesley stock benchmark. Prospectus says 35% "FTSE Developed High Dividend Yield Index" but there is no such index. (Google search returns 1 hit -- the prospectus itself!) It must be FTSE All-World High Dividend Index? Editing errors don't fill me with confide...
by Christine_NM
Sat Jul 22, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8391

Re: Can anyone convince me I need international stock in my portfolio?

^^ Gary - Active funds like W&W don't have fixed allocations to international. They buy the stocks they want, within their allowed limits, and then calculate their foreign holdings percentage as an afterthought, not as a goal. At least that is my impression because the percentage changes so dras...
by Christine_NM
Wed Jul 19, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 2983

Re: Indoor activities for a 3-year-old

Swimming lessons? At a pool or a pond.
by Christine_NM
Mon Jul 17, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Question on When to Take Social Security
Replies: 14
Views: 1329

Re: Question on When to Take Social Security

Are your parents still working? If so, it would be better to work longer to pay off the debt rather than dip early in Social Security.

I am a big fan of no debt going into retirement and, once retired, not acquiring any more debt.
by Christine_NM
Sun Jul 16, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3463

Re: Thinking out loud

Don't do this. Simple is hard.

You sound like you think you are missing out on something. So if you forget to rebalance a couple of times, and creep up to 65% stock, that's not so bad :) .

You can always downshift back to 60% later, or the market will do it for you. :shock:
by Christine_NM
Sat Jul 15, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: what's your secret to cleaning inside car windows?
Replies: 47
Views: 3614

Re: what's your secrete to cleaning inside car windows?

Distilled white vinegar bought by the gallon, diluted about 3 parts water to 1 part vinegar. Wipe on and off tinted window inside or outside with microfiber cloth. I don't need abrasion if I do it often enough. Don't get pure vinegar on the paint.
by Christine_NM
Sun Jul 09, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2521
Views: 797119

Re: What Book Are You Currently Reading? Part VI

Since this month is the bicentennial of Jane Austen's death, I am going on a binge-read of her 6 novels. Then maybe a biography. Five of them are in well-reviewed editions annotated by David Shapard. I have read them all starting in high school, but the annotations will add a lot. The movies and TV ...
by Christine_NM
Tue Jul 04, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle Strikes Back!"
Replies: 3
Views: 1762

Re: "Jack Bogle Strikes Back!"

Thanks, Taylor. Happy 4th! The issue of publicly traded mutual fund companies becoming too expensive for mutual fund buyers to own reminds me of healthcare providers vs. patients and insurers. Or, how do we define what a normal profit is for a business? Do we just let the market go to the moon? (I t...
by Christine_NM
Thu Jun 29, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Lending people "things"
Replies: 28
Views: 1626

Re: Lending people "things"

Sell the Thing to your half brother. If you ever need it again, borrow it from him (takes guts) or rent one.
by Christine_NM
Mon Jun 26, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Making the jump from Edward Jones
Replies: 41
Views: 3501

Re: Making the jump from Edward Jones

Maybe someone who has made the same move recently could tell you which is better, sell the funds and move cash to Vanguard, or transfer the funds in kind to Vanguard. You'll need to compare the sales commission at Vanguard vs EJ. I transferred in cash eons ago from another broker but I did not have ...
by Christine_NM
Sat Jun 24, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2521
Views: 797119

Re: What Book Are You Currently Reading? Part VI

I'm reading American Sickness: How Healthcare Became Big Business and How You Can Take It Back by Dr. Elizabeth Rosenthal, pub. 2016. Basically, it explains why there are so many medical billing questions on this forum. So far I have read about the MBAifying of doctors, hospitals, pharma, and medica...
by Christine_NM
Tue Jun 20, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Helping elderly Grandma with investing 270k - VTINX?
Replies: 26
Views: 1556

Re: Helping elderly Grandma with investing 270k - VTINX?

Ah, Alzheimers. My sympathies. Definitely lots of cash (more than 15k -- her care expense will only go up) and maybe $150k CDs. Plan for Medicaid.
by Christine_NM
Tue Jun 20, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Helping elderly Grandma with investing 270k - VTINX?
Replies: 26
Views: 1556

Re: Helping elderly Grandma with investing 270k - VTINX?

Yes, family can be the worst enemy. Is she on board with investing in 30% stocks? What does she usually do?

I would keep that money in CDs and a money market fund at a convenient bank
if I were 89 and that was what I had.

It is probably enough, so why risk it for more that she does not need?
by Christine_NM
Fri Jun 16, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 5641

Re: Favorite Feature of Vanguard Website?

The part I use most often is single fund information - tabs for overview, price & performance, portfolio & management, distributions, etc. I like the clarity and the fact that this section has survived a few site overhauls intact. Makes me feel like I know what I own. I do too. But I've fou...
by Christine_NM
Fri Jun 16, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 5641

Re: Favorite Feature of Vanguard Website?

The part I use most often is single fund information - tabs for overview, price & performance, portfolio & management, distributions, etc.

I like the clarity and the fact that this section has survived a few site overhauls intact. Makes me feel like I know what I own.
by Christine_NM
Mon Jun 05, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Favorite Thriller Authors and Why
Replies: 54
Views: 9000

Re: Favorite Thriller Authors and Why

Donald Westlake Sara Paretsky Dennis Lehane Karin Fossum Louise Penny Sue Grafton Jussi Adler-Olsen Hard to say why. These authors have series I've followed and enjoyed. I like interesting characters, local color, comic relief, a well-managed plot, and not a lot of gratuitous violence. IOW I like cr...
by Christine_NM
Sat Jun 03, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Does someone 60+ need more than 10 years expenses in FI?
Replies: 39
Views: 4111

Re: Does someone 60+ need more than 10 years expenses in FI?

TL- I don't look at expenses vs. FI because I am not positive what the next 10 years' expenses will really be. They could be very modest or extremely high if I become disabled in some way. I aim for a fixed dollar amount in stocks and in bonds, and the rest goes to cash. That works out to an asset a...
by Christine_NM
Fri Jun 02, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund holder - do I need intl?
Replies: 52
Views: 3437

Re: Balanced index fund holder - do I need intl?

Mr Bogle made the most incisive comment about international in a video about a year ago (which I have lost track of, sorry). Maybe someone can provide a link? He said to be sure of your own reasons for whatever allocation you have to international, zero or higher. Listen but ultimately you have to k...
by Christine_NM
Mon May 29, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: How long before I can cut down a branch with a nesting bird
Replies: 18
Views: 2170

Re: How long before I can cut down a branch with a nesting bird

Is it one of those large mourning doves, looks like a beige pigeon? If so, they are stubborn once they find a place to sit, even with no eggs. This spring one sat in a pine tree with no nest, just a matted bed of dropped pine needles in the branches. I cleaned out the needles and it seems to be gone...
by Christine_NM
Mon May 29, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7263

Re: Avoiding Taxes with RMD

It does not really matter where the money comes from but this seems like the easiest way to me. I get all legal necessities (taking the RMD and withholding safe harbor amounts) done in one annual transaction. Easy for record keeping. This seems like a nice simple approach. Do you follow through and...
by Christine_NM
Fri May 26, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7263

Re: Avoiding Taxes with RMD

Christine, How do you manage (where do you "put") RMD proceeds to withhold for taxes - how does this satisfy the government need for estimated taxes or withholding on the source? With Vanguard RMD service you can set the RMD federal and state withholding percent to whatever will cover you...
by Christine_NM
Fri May 26, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Are middle-aged breadwinners getting a raw deal?
Replies: 20
Views: 3050

Re: Are middle-aged breadwinners getting a raw deal?

LOL (long story, don't ask). Tell the family what you want to do in specific terms. Say you want regular Saturday hiking or whatever. Tell the family nicely but firmly that is what will happen. Invite them along, but you will go alone if they refuse. They will adjust. I think it is called tough love...
by Christine_NM
Thu May 25, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7263

Re: Avoiding Taxes with RMD

I agree with Celia. The time has come to pay the piper. This is no surprise for you, only an attitude adjustment. Three things affect my tax situation most: First, I use part of my RMD to withhold all state and federal taxes for the year. I can skip estimated taxes or withholding on my sources of in...
by Christine_NM
Thu May 25, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: Debit card use
Replies: 5
Views: 775

Re: Debit card use

I've used a debit card for everyday shopping for years with no problem. I use a credit card for higher value or unusual purchases. No difference to me, but once I tried to pay a Bank of America fee (for someone else, not me!) with a credit card, but they would only take a debit card tied to a person...
by Christine_NM
Wed May 24, 2017 9:24 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 65
Views: 7526

Re: Should I drink or sell my Pappy 12 year?

Trade it for a bourbon Scotch you know you would enjoy but don't normally buy?
by Christine_NM
Tue May 23, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: More assistance & help with 73 Father In Law - planning
Replies: 11
Views: 1024

Re: More assistance & help with 73 Father In Law - planning

Like Paul, my first thought is skip the small cap value and include that amount with Total Stk Mkt. Too many funds for too little money. Not sure I agree with FIL that more than 100k annuity is worse than putting 125k in stocks where you could actually see a 40-50% decline, or more likely a 20-30% d...
by Christine_NM
Mon May 22, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Well-made quality handbags
Replies: 32
Views: 3420

Re: Well-made quality handbags

I like Kate Spade (being merged with Coach). Hope the KS styles don't get too conservative under Coach. Who wants a "business bag" in retirement? Not me.
by Christine_NM
Sun May 21, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 17539

Re: How many Bogleheads have investment assets that exceed their cumulative lifetime earned income?

Where can you calculate lifetime earning adjusted for inflation? I use the index values from Social Security for calculating benefits. See page two of this pdf: m I've recorded all of my SS wages in a spreadsheet by year, and periodically update the index values whenever I'm interested. Thanks. It ...
by Christine_NM
Sun May 21, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 17539

Re: How many Bogleheads have investment assets that exceed their cumulative lifetime earned income?

Where can you calculate lifetime earning adjusted for inflation? Usually I use the BLA inflation calculator, but that would be incredibly tedious.

I started at less than $100 a week net, and supported myself living in Boston. That is the same as $40k/yr gross today. The dollars are not the same.
by Christine_NM
Sat May 20, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 5659

Re: Interesting conversation with an alleged SS actuary

OK, to be precise, no life annuities sold to individuals or couples is unisex. BobK Charitable gift annuity rates are unisex. They are based on "a 50/50 blended rate of male and female mortality" according to m . I know you mean commercial products, but blanket statements about annuities ...
by Christine_NM
Sat May 20, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: What goes in your smoothie?
Replies: 45
Views: 3158

Re: What goes in your smoothie?

For pink smoothie, frozen cherries and berries mix, Gk yogurt and water

For green smoothie, fresh kale spinach mix, banana, kefir

I'm going to try beet juice next.

Update on beet juice - all I could find was labelled "made in Turkey". I'll pass on that for a variety of reasons.
by Christine_NM
Thu May 18, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 5531

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

^^ Some landscapers only do drainage, structural work like retaining walls, etc., no plants. I had a good one dig out my front garden, put in two retaining walls and flagstone walkway, and under the walkway a french drain to the street. This is not the lawncare type of landscaper. Mine had a minimum...
by Christine_NM
Fri May 12, 2017 12:47 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott [buy emerging market equities vs. US stocks]
Replies: 40
Views: 3348

Re: Rob Arnott

If I were "very worried" about US stocks, I'd put new money in Treasurys, not emerging markets. That's Asset Allocation 101. Recognize that all financial media is aimed at selling you something, not in rational discussion of your alternatives. Sometimes, starting something new, it is hard ...
by Christine_NM
Sun May 07, 2017 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Need help with 73 year old FIL's portfolio - Bond/Fixed Inc
Replies: 8
Views: 1036

Re: Need help with 73 year old FIL's portfolio - Bond/Fixed Inc

Consider immediateannuities.com. I looked up a quote for single life annuity (73 yo male in CA) with payments delayed 2 years to account for 2 more years of work. If he could "invest" $250k in an annuity he would get $2000/month for life. With limited money for investment and no time for g...
by Christine_NM
Sat May 06, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: Are indexed funds overblown?
Replies: 89
Views: 7164

Re: Are indexed funds overblown?

I watched the interview. Winters ignores the fact that a stock index will exist over time with different constituent stocks. This is a difficult concept to get across unless you have owned an index fund and watched the top holdings change. I remember being surprised when Apple showed up in the top t...
by Christine_NM
Fri May 05, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 19814

Re: Why save so much for when you're old?

OP - Invest you must. The sooner you start, the less of your lifetime income you need to invest. PJW -- yes, I too am grateful to my younger self. I didn't know anything, I just saved because no one else would do it for me. Sometimes I wondered if I would be alive at 60 but I see that comment so oft...
by Christine_NM
Thu May 04, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 27973

Re: Where to Live on $60K or Less a Year?

Albuquerque and Santa Fe can be treated as one entity. They are a pleasant hour's drive on I-25 apart. I live in ABQ and go to Santa Fe once a month, usually lunch, museum, opera, or Bishop's Lodge weekend. Which one you live in depends on if you prefer a small town (pop. 70k) or a medium city (550k...
by Christine_NM
Wed May 03, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 20092

Re: Buying a luxury car (how dumb would it be to do this?)

I vote for the Highlander. Keep the dream of a BMW alive -- do not actually buy one. At least until you own your home free and clear. That mortgage is a killer. ETA - I mean, nothing wrong with BMW that I know of, but you probably enjoy thinking about a BMW more than you would enjoy owning it. And w...
by Christine_NM
Mon May 01, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Are we all forgetting our taxable accounts?
Replies: 79
Views: 10372

Re: Are we all forgetting our taxable accounts?

I paid down a 30 yr mortgage in 15 years while saving in an IRA and 401k. The maximum contributions were a lot lower then, and the interest rates were higher. But I started on a taxable mutual fund account as soon as I burned that mortgage and got back from a celebratory Hawaii trip. It grew fast an...