Search found 288 matches

by Church Lady
Thu Sep 14, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 16745

Re: Is it really Worth it to brown bag your lunch at work?

The economics of brown bagging just don't work out, at least where I was working until I retired this year. For example, the cost of premium bagged salad at the grocery was the same per oz at the same type of greens at the salad bar at work. Only toppings were marked up, and I didn't have bagged sal...
by Church Lady
Mon Sep 11, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 90
Views: 4542

Re: Traditional 401K vs Roth 401K

Hi, OP. I don't know how far out you are from retirement, but the further out you are, the more uncertain the future. We can't know your future filing status, future tax rates, how 401K withdrawals will affect your tax liability or your Social Security and Medicare benefits, or even whether these pr...
by Church Lady
Mon Sep 04, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3610

Re: Jason Zweig's tax bomb example

So this could really happen at any time after you purchase a mutual fund? In this example is happened right away but it could have occurred the following year or at any time as long as the fund had unrealized capital gains on the books before your purchase? Yes, it could. Some event forced the fund...
by Church Lady
Sun Sep 03, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Does anyone use Driving Shoes?
Replies: 40
Views: 3898

Re: Does anyone use Driving Shoes?

When I got my first car (stick shift), I had driving shoes because it made it easier to gain competence if the clutch felt the same each time I drove the car. After a few months of practice, I could wear anything on my feet.
by Church Lady
Fri Sep 01, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need tax advice selling wellington
Replies: 33
Views: 1828

Re: Need tax advice selling wellington

I would like to sell wellington and go an with index funds but need tax advice on how to do this. I make about 35K in income a year with wellington and have no other income. I have a 40k gain in wellington. How do I sell wellington in the best way as not to get hit hard with taxes . I am also on ob...
by Church Lady
Fri Sep 01, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need tax advice selling wellington
Replies: 33
Views: 1828

Re: Need tax advice selling wellington

OP, Take a look at this page here. http://www.moneychimp.com/features/tax_brackets.htm Scroll to the heading Where Tax Brackets Apply , and look at the diagram in that section. It illustrates nicely what's going on with different types of income as it applies to your taxes. I think you misspoke when...
by Church Lady
Fri Sep 01, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Need tax advice selling wellington
Replies: 33
Views: 1828

Re: Need tax advice selling wellington

OP, It would be irresponsible to give you advice if we don't know the following: your tax filing status and number of exemptions your state of residence and tax rate there your current portfolio (I know, Wellington) the nature of the income -- dividends and capital gains, I'm guessing but it's good ...
by Church Lady
Fri Sep 01, 2017 1:26 am
Forum: Personal Consumer Issues
Topic: Hurricane Harvey relief?
Replies: 42
Views: 3051

Re: Hurricane Harvey relief?

https://corporate.walmart.com/harvey?po ... ter+Relief

Wal-mart is matching donations 2-1.
by Church Lady
Tue Aug 29, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8665

Re: Should we let MIL pay off our mortgage?

She subsides on $5,000/year. Really? If this is true, it's mind boggling. $5K doesn't even pay my annual medical premiums, and yet your MIL buys medical insurance, prescriptions, food, car, insurance, clothing, rent, cell phone, cable/internet, utilities, and perhaps a splurge at McDonald's. Wow. I...
by Church Lady
Tue Aug 29, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6018

Re: Bad Idea to Have Zero Credit Cards?

You should have a credit card for emergencies. For example, the mayor of your city orders a mandatory evacuation because a massive hurricane is bearing down on your town. Since you have the CC, the unexpected expenditure on gasoline, meals out, hotel rooms may be more than you'd like to pay, but at ...
by Church Lady
Sat Aug 26, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Choosing between learning a language/learning martial art
Replies: 26
Views: 2356

Re: Choosing between learning a language/learning martial art

OP, You are young and conditioned. Do martial arts now while you are physically able. Twenty or thirty years from now, you don't want to be asking yourself why you never so much as tried to learn martial arts. A master of several martial arts was once asked which is the best martial art to learn. In...
by Church Lady
Sat Aug 26, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Ramp for a dog to get into a SUV
Replies: 13
Views: 1008

Re: Ramp for a dog to get into a SUV

Is it an option just to pick up the dog?
OP's dog weighs 100 pounds. That could get old really fast.
by Church Lady
Sat Aug 26, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Major career decision.. offer on table. Huge relocation decision.
Replies: 29
Views: 3054

Re: Major career decision.. offer on table. Huge relocation decision.

2. Benefits - Deductions will cost around $5400 more per year in the federal system vs. my current job. At my 4th-5th year, I would about break even by making more money to offset the cost of benefits. Until that time, I'd be lagging behind my prior job. The insurances and pension contributions ecl...
by Church Lady
Fri Aug 25, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: Fixing Slow Drains
Replies: 40
Views: 3072

Re: Fixing Slow Drains

This helps in the tub: https://www.walmart.com/search/?query=shower%20drain%20hair%20catcher&typeahead=drain%20hair but isn't foolproof. Every once in a while I have to reach into the drain with needle nose pliers and pull out some hair. Follow up with drain cleaner. In the kitchen, I'm having good ...
by Church Lady
Mon Aug 21, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Possible January trip to Naples, Italy / Amalfi Coast
Replies: 37
Views: 2589

Re: Possible January trip to Naples, Italy / Amalfi Coast

Pardon me if you know this already... each of you should have one of these: https://www.amazon.com/AmazonBasics-RFID-Travel-Money-Khaki/dp/B00WTHJ3S2/ref=sr_1_7?ie=UTF8&qid=1503365991&sr=8-7&keywords=money+belt+rfid or something like it. I'd pay a little extra for comfortable fabric. Your 'day walle...
by Church Lady
Mon Aug 21, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14516

Re: How far would you travel to see The Eclipse?

I watched it on TV, only today (of all days!) the signal is flaky. I did get to see the corona on the TV. It was neat to see the sun spitting stuff out. I doubt I would have seen that had I showed up in person. I also had NASA TV going on the computer. About 15 minutes before the maximum in my area,...
by Church Lady
Mon Aug 21, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: My girlfriend and her 401K, need to give her advice
Replies: 61
Views: 4968

Re: My girlfriend and her 401K, need to give her advice

OP, I think the best thing you could do is encourage her to read and post on Bogleheads. Maybe you could get her a few personal finance books too. It's good that you want her to make good choices, and it's good that you're concerned, but she has to feel comfortable with it, understand it, and believ...
by Church Lady
Mon Aug 21, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring Work Locations - Cost of Living Decrease?
Replies: 17
Views: 1666

Re: Transferring Work Locations - Cost of Living Decrease?

When I worked for Megacorp, Megacorp paid a 'hardship premium' to employees based in Alaska and Hawaii. That was due to the very high cost of living. If the employee left the HCOL area, he also left the hardship premium. I am not aware of any other US areas that were classified as hardship areas. I ...
by Church Lady
Mon Aug 21, 2017 7:12 am
Forum: Personal Consumer Issues
Topic: Your opinion on [a tower fan]
Replies: 4
Views: 478

Re: Your opinion on [a tower fan]

I got one on the clearance rack for $12, regular price $60. It's a nice looking unit, and very quiet. The footprint is small, but it's not very powerful. I ended up putting it on my desk to cool me down as I work. Unlike most fans I have, it is not powerful enough to cool from, let us say, 5 feet aw...
by Church Lady
Sun Aug 20, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park emergency fund to beat inflation?
Replies: 25
Views: 3167

Re: Where to park emergency fund to beat inflation?

If you don't have a Roth IRA set up, why not put $5500 there and the other $4500 in an emergency savings account (or CD matching the timeframe when you might need the money). The benefit of the Roth is that you can take out contributions (but not earnings) whenever you want. Some will say you need ...
by Church Lady
Sat Aug 19, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 48
Views: 5264

Re: Geico insurance rate increase: 26.24% APY?

Wow, reading this thread, I am feeling very lucky. By retiring and moving to a new state, GEICO dropped my rates by over $300/year. That sounds great to me, but I have no idea how that compares to what my new neighbors are paying. :D GEICO did tell me they were using a 3rd party to calculate my quot...
by Church Lady
Thu Aug 17, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll over my old 401k?
Replies: 9
Views: 757

Re: Should I roll over my old 401k?

I could roll my 401K into an IRA today, but I'm fond of that stable value fund in a rising interest rate environment for the bond portion of my portfolio. I am not aware of a comparable product I could buy in an IRA. I can take money out of the 401K with no 10% penalty since I was over 55 when I ret...
by Church Lady
Thu Aug 17, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 3991

Re: Other people's perception of your finances

If you invite people to stay at your house for two weeks as guests , don't be shocked, SHOCKED! when they act like guests and not unpaid domestics. Just grin and chalk it up as lessons learned. Move on. One of the lessons learned is that it is very extravagant to host guests, especially the way you ...
by Church Lady
Thu Aug 17, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Anyone have a personal chef?
Replies: 48
Views: 4505

Re: Anyone have a personal chef?

Visit youtube.com and search for terms such as 'cook ahead meals', 'bulk food preparation', 'freezer meals', and so on, to see how people do it. A lady I knew made only seven menus for her family. Every Monday the same, every Tuesday the same, and so forth. I don't know if I could live with the lack...
by Church Lady
Wed Aug 16, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 76
Views: 6250

Re: How useful is a home security system?

hookemhorns wrote: ↑
Tue Aug 15, 2017 2:41 pm
Your son slept through them smashing a glass door, breaking open a safe, and searching every room in the house (conveniently, except his)? Hate to say it, but I know who my prime suspect would be. Tough situation to be in as a parent.
+1
by Church Lady
Tue Aug 15, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep IRA records?
Replies: 54
Views: 3426

Re: How long to keep IRA records?

Interesting discussion about deductible and non deductible assets in an IRA. I have a traditional IRA like this. I also lived in California when I funded most of this IRA. This means I had NO California deductions, and some federal deductions in this traditional IRA. I had completely forgotten about...
by Church Lady
Sun Aug 13, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How long to keep IRA records?
Replies: 54
Views: 3426

Re: How long to keep IRA records?

I am a lay(wo)man, not a tax expert. My advice is free, but it may be worth what you paid for it. :oops: As long as you keep a filing copy of your tax forms for those years (to establish no tax deductions were taken), you shouldn't need the account statements for tax purposes. I have heard elsewhere...
by Church Lady
Fri Aug 11, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14516

Re: How far would you travel to see The Eclipse?

I would travel as far as I can drive to and fro without booking a hotel room. That rules this eclipse out.
by Church Lady
Thu Aug 10, 2017 8:16 pm
Forum: Personal Consumer Issues
Topic: Experience selling car to Carmax?
Replies: 82
Views: 59762

Re: Experience selling car to Carmax?

CarMax is a fast sale. They will buy your car regardless of its condition. They will give you a quote good for seven days. However, you won't get the best price price for it. I sold my first car to CarMax. A couple years before I sold the car, I needed an estimate of its value for a reason I can't r...
by Church Lady
Wed Aug 09, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17142

Re: Life at crossroads. What would you do ?

OP, It is human nature to be upset and discouraged when something like this happens. Don't panic! You're getting lots of input. You have more options than you think. However, you might need counseling if you can't shake off your defeatist feelings soon. I suggest starting with your pastor. I could n...
by Church Lady
Mon Aug 07, 2017 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Helping my parents with their retirement
Replies: 31
Views: 4257

Re: Helping my parents with their retirement

Maybe I am missing something here, but I don't understand this fixation on taking your Mom's pension as a lump sum so they can spend 30K for a remodel. You seem to realize they need to roll the lump sum into an IRA to avoid getting nuked with taxes. The plan is to take from the new IRA for the remod...
by Church Lady
Sat Aug 05, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Approaches (forced) - review my situation?
Replies: 42
Views: 7356

Re: Early Retirement Approaches (forced) - review my situation?

I wish I saw the article referenced earlier; I already sold 1/2 of my 401k company stock and replaced it with an S&P 500 fund (all still within my previous company 401k plan). I don't think this particular benefit is well known. I don't see it mentioned often, let alone here, and I myself stumbled ...
by Church Lady
Fri Aug 04, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Approaches (forced) - review my situation?
Replies: 42
Views: 7356

Re: Early Retirement Approaches (forced) - review my situation?

P.S. 5.If you have a lot of itemized deductions, it might make sense as you say to take income from the 401K or tIRA to cover the tax-free space this creates. It's not a huge withdrawal but it will reduce the eventual RMD. The alternative is Roth conversions. The two strategies may not be mutually e...
by Church Lady
Fri Aug 04, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Approaches (forced) - review my situation?
Replies: 42
Views: 7356

Re: Early Retirement Approaches (forced) - review my situation?

1.Retire already! From where I'm sitting, you have enough funds to call yourself financially independent, and you have a source of health insurance. Why stress over a job you don't like? 2.There's a tax benefit to withdrawing company stock from a 401K which no one has mentioned yet. Here is an artic...
by Church Lady
Fri Aug 04, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding between retirement and general savings in my 20s
Replies: 28
Views: 2920

Re: Deciding between retirement and general savings in my 20s

I have been reading that generally any withdrawals before the age of 59.5 would be penalized by an additional 10% on top of your regular tax obligation, not including cases of hardship. A hardship withdrawal from a 401K is not necessarily exempt from the 10% penalty. Here is a chart that lists the ...
by Church Lady
Fri Aug 04, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Any Software Engineer Here, who went part time and cut down #of Hr.
Replies: 18
Views: 1939

Re: Any Software Engineer Here, who went part time and cut down #of Hr.

My Megacorp actually has a formal program for going part time. I was tempted, but concerned I would be paid half time but would end up working more hours, for free. Most people in my area work (uncompensated) overtime, and it's not because they love the job. Some people are great at setting boundari...
by Church Lady
Thu Aug 03, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Hospitals are offering their own insurance plans
Replies: 15
Views: 1516

Re: Hospitals are offering their own insurance plans

The slide show I found was superficial. It's hard to say what game might change based on what I saw. If it is tied to a specific hospital, I would not find it attractive. Suppose you work in one county and live in another? Served by two different hospitals? What about emergency needs while you are t...
by Church Lady
Sun Jul 30, 2017 9:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 214
Views: 28102

Re: Roll Call for the Retirement Class of 2017!

I have retired after 35 years of Megacorp, and after 42 years in the work force. Yippie!

My retirement age is 59. I will be 59 1/2 by the end of 2017.
by Church Lady
Wed Jul 26, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: Italy in August Trip (Rome, Florence, Venice)
Replies: 43
Views: 2767

Re: Italy in August Trip (Rome, Florence, Venice)

When I climbed St Peters, it was off season (March) with light crowds and temps in the 50's... I wouldn't consider climbing one on a crowded or hot day. There is no turning back. I did the St Peters dome in May, on an unseasonably cold day. It was hot, dark, airless, and crowded to the extent the g...
by Church Lady
Tue Jul 25, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Italy in August Trip (Rome, Florence, Venice)
Replies: 43
Views: 2767

Re: Italy in August Trip (Rome, Florence, Venice)

Italian churches and the Vatican have a dress code. Exposed knees and arms are an issue in Italy. This applies to men as well as to women. Pack your wardrobe accordingly. In jeans, I felt distinctly under dressed in Italy, even just walking down the street or getting a gelato. If I went again, I'd l...
by Church Lady
Thu Jul 20, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Cost-basis and Keeping Track Capital Gains Mutual Funds
Replies: 6
Views: 648

Re: Cost-basis and Keeping Track Capital Gains Mutual Funds

By law, a broker must report your basis to you and to the IRS when you sell an investment purchased within (If I recall correctly) the past three years. Therefore, you are fine with respect to the S&p 500 ETF, which I presume is what you are talking about. For an S&P 50 mutual fund, good look findin...
by Church Lady
Thu Jul 13, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Healthy smoothie ideas
Replies: 18
Views: 1514

Re: Healthy smoothie ideas

Besides the greens suggested elsewhere, consider romaine lettuce. It has a mild flavor and decent nutrition. Parsley, cilantro, basil, and mint are good, too. I like parsley blended into dairy or almond milk. Just parsley and milk. Cilantro and milk. Drink your greens! It's a good way to use up the ...
by Church Lady
Thu Jul 13, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 74
Views: 7979

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

you would think they would take steps to protect their employee's information but they didn't exactly do that when asking for salary history in front of a person I would be working alongside. Are you sure you want to work for these people? What else will they divulge inappropriately? If you need th...
by Church Lady
Thu Jul 13, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity on the Cutting Edge! Or Big Brother is coming. Dunno
Replies: 6
Views: 1086

Re: Fidelity on the Cutting Edge! Or Big Brother is coming. Dunno

The last time I called Fido, they asked if they could use voice recognition in future. After asking a few questions about it (what if I have a cold, and so forth), I agreed. I thought I would have to say a certain phrase ("At Fidelity, my voice is my password"), but they said NO they had all they ne...
by Church Lady
Thu Jul 13, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 3988

Re: Hotel tipping: how much to leave?

As a rule, we never tip. We don't mess things up that much, and figure it's part of what we're paying for.

Once, however, we left the room a veritable pigsty. We were embarrassed about it, so we searched for the maid who would clean the room and tipped her $10 in advance.
by Church Lady
Thu Jul 13, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Cheap eggs... how bad?
Replies: 82
Views: 6713

Re: Cheap eggs... how bad?

Interesting. I saw eggs 74 cents/doz in the store today, but didn't get them because had I bought two dozen at 79 cents/doz earlier this week at another store.

I put it down to chickens laying a lot of eggs on the longest days of the year.
by Church Lady
Tue Jul 11, 2017 10:36 pm
Forum: Personal Consumer Issues
Topic: Donation to Church for wedding?
Replies: 27
Views: 2097

Re: Donation to Church for wedding?

Call the church secretary and ask what is customary for your parish.

Congratulations on your wedding!
by Church Lady
Tue Jul 11, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Look at REITS as bonds for my aa?
Replies: 4
Views: 268

Re: Look at REITS as bonds for my aa?

For what it is worth, when I use the analysis tool provided by my broker, it classifies my lonely health care REIT as 'equity'.
by Church Lady
Tue May 30, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question: when you don't know it.
Replies: 49
Views: 10847

Re: Cost basis question: when you don't know it.

Think about this, is the date the donor "inherits" this stock his basis? When would it not be? Just think about the numbers and don't focus on the idea of inheritance. Just use the algorithm to get the cost on this past date that TurboTax uses. Think about this. Instead of misleading OP b...
by Church Lady
Mon May 29, 2017 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question: when you don't know it.
Replies: 49
Views: 10847

Re: Cost basis question: when you don't know it.

My knee jerk reaction was no, but on second thought, what if you put in the estimated date the donor received the stock as the inherited date? Would you break TurboTax if the date predated the IPO? No, no! In the eyes of the IRS, inherited stock is not the same as gifted stock. The rules for inheri...