Search found 388 matches

by Church Lady
Fri Jun 22, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 100
Views: 6027

Re: What is/ was your career and would you recommend it now?

Software Engineer. It used to be a great gig. It was like getting paid to play. Lately, not so much. :( Wage busting, glass ceiling, ageism, offshoring, deteriorating working conditions ... now its a meh job. :( :( Some software work is cutting edge, glamorous, and exciting. It is even rumored to be...
by Church Lady
Thu Jun 21, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 2647

Re: Is technology the reason for low inflation?

Farmer's markets? You'd have to be joking to think that ordinary families could go to farmer's markets in the 1970s -- I'd never heard of such a thing until the 1990s.
We had them in the 70s, but you had to drive out of the city to get to them. And they were called 'roadside stands'. :D
by Church Lady
Wed Jun 20, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 2647

Re: Is technology the reason for low inflation?

Offshoring has kept prices down for many years. When the second and third world export inflation, we're in trouble. (adjusts tinfoil hat) Government has a vested interest in under reporting inflation. Otherwise, they'd pay more to fund the debt, and for SS/Medicare. Why do you think the tax code swi...
by Church Lady
Tue Jun 19, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6618

Re: gray hair

I ran into an old friend from college when we were about 55. He mentioned that not only did he color his hair, he made his wife color her fair too. He believes this combats ageism and thinks he has been treated better at work since he started coloring his hair. I don't color my hair, and have never ...
by Church Lady
Mon Jun 18, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2446

Re: Would you pay off mortgage in my situation?

OP, I would not tie up all my cash leaving only $20K if I were you. It's not like you can sell a few square feet of your living room when you need extra cash. If you suddenly needed cash, where would you borrow at 3.375% ? Could you take a part of your cash and recast your mortgage? The term and int...
by Church Lady
Sat Jun 16, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3689

Re: A different theoretical view of SWR

https://www.bogleheads.org/wiki/Withdrawal_methods#1.2FN_withdrawal_amounts Are you basically proposing 1/N withdrawal amounts as described on this page? A weakness with this method is that we don't really know how long we will live. Talk about churning historical numbers! A bigger problem is that 1...
by Church Lady
Sat Jun 16, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Lost job. Take early SS or draw from accounts?
Replies: 54
Views: 5813

Re: Lost job. Take early SS or draw from accounts?

For health care, is she eligible for COBRA (purchase health insurance from former employer)? It will cost her more than it used to, but will still probably be substantially cheaper than ACA or the private market. COBRA, if avaiable, is good for 18 months. It's worth looking into.
by Church Lady
Sat Jun 16, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4011

Re: Tracking spending before retirement useful for estimating retirement expenses?

Retired one year. It would be presumptuous to say I understand all my retirement expenses after just one year. :D But I can say it is not very like my working years spending. I moved when I retired, though. Perhaps if you retire to the same house you spent your working years in, the tracking would b...
by Church Lady
Thu Jun 14, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3563

Re: Non-alcoholic drinks for wedding

OnTrack2020 wrote:
Thu Jun 14, 2018 1:08 pm
sailaway wrote:
Thu Jun 14, 2018 12:06 pm


People who can't handle a dry wedding have bigger issues than can be addressed by the bride and groom.

This.
+1. Some of you people need to lighten up. It's OP's wedding, not yours.
by Church Lady
Sun Jun 10, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Can we discuss whisk?
Replies: 29
Views: 2887

Re: Can we discuss whisks?

You want your whisk to have many floppy, springy wires, not a few wires, nor stiff wires, to enable good whisking action. You should be able to deform the balloon with your palm, and it should spring right back when you stop pressing. I got this tip from a professional chef on TV, and he was right! ...
by Church Lady
Sun Jun 10, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6020

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

Hi, OP. If I were going to do what you're doing, I'd use a fixed rate mortgage, not a brokerage loan, to obtain the leverage. Mortgages last a long time which allows your money to work, and they don't have margin calls when the housing market plunges. I find I can still deduct the interest, but not ...
by Church Lady
Sat Jun 09, 2018 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11139

Re: Are you including SS in your planning model? Are the benefits really that high?

One Ping wrote:
Sat Jun 09, 2018 10:17 pm
Church Lady wrote:
Sat Jun 09, 2018 7:53 pm
For Social Security, you have to pay in at least ten quarters to be eligible.
It's actually 10 years, or 40 quarters.
Ooops, you are correct! :oops:
by Church Lady
Sat Jun 09, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11139

Re: Are you including SS in your planning model? Are the benefits really that high?

OP, You shouldn't ignore Social Security or pensions, but you can't count on it either because you're a little young for that. Besides, don't you want to be financially independent before you are old? For pensions and 401K matching funds, you can count on the amounts that are vested. Legally, it's v...
by Church Lady
Fri Jun 08, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 1905

Re: Tipping HVAC installers?

I never heard of tipping tradesmen with cash. Generally they say, "I'll do the job for x dollars', and x is what I pay. If they thought the job was worth more, I reckon they would charge more. I might consider doing so if I made a request above and beyond the job I contracted for. For example, if I ...
by Church Lady
Fri Jun 08, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Death - Prediction
Replies: 63
Views: 3782

Re: Death - Prediction

1) "We plan, and God laughs" For planning purposes, I'm going to live to 100. My withdrawal rate is currently below the perpetual withdrawal rate so I guess the whole bundle is going to my heirs. But there are practicalities. 2) My heirs are all relatives. Frankly, none of us are in peak health. I m...
by Church Lady
Thu Jun 07, 2018 10:56 pm
Forum: Personal Consumer Issues
Topic: To remove coffee tea stain from mug, use QxyClean
Replies: 9
Views: 976

Re: To remove coffee tea stain from mug, use QxyClean

A little bleach mixed with water. Soak mugs, tea pots, and dish cloths in the bleach water. I have a lidded bucket on my counter so I can keep using the solution. As long as you can smell bleach when you take off the lid, the solution is still usable. The stronger you make the solution, the faster t...
by Church Lady
Tue Jun 05, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Downsize due to tax law change?
Replies: 31
Views: 1692

Re: Downsize due to tax law change?

had to read that to see what SALT was. The limit is $10000. The OP is paying $11000. It does not seem like the limit going away would have a large impact. You aren't thinking his interest is included in SALT? From that link, it doesn't seem to be. The 11,000 is OP's property tax. Property tax is a ...
by Church Lady
Tue Jun 05, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Downsize due to tax law change?
Replies: 31
Views: 1692

Re: Downsize due to tax law change?

According to current law (which could change at any time, of course), the new tax cuts will expire in 2025. We'll be back to the old rates and the old SALT deduction. Have you taken into account the fact that your SALT deduction will be restored in a few years? https://www.factcheck.org/2017/12/guid...
by Church Lady
Sat Jun 02, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: International vs US investments
Replies: 18
Views: 1283

Re: International vs US investments

OP,
In my opinion, it's not politics that influences my asset allocation. After all, politics changes with the wind. I want my money in countries that have strong, growing economies. I also want good value if I can get it.

I am no expert, just a lay(wo)man.
by Church Lady
Sat Jun 02, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: $1,000,000 in savings account to pay mortgage?
Replies: 32
Views: 4164

Re: $1,000,000 in savings account to pay mortgage?

OP, This old post may be of interest to you: https://www.bogleheads.org/forum/viewtopic.php?t=169693 The point is yes, people do invest and hold a mortgage at the same time. Whether this is a good idea or not depends on many things, some of which you can't know at the time you make your choice. Chec...
by Church Lady
Thu May 31, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1498

Re: Seeking Alpha pro membership, your thoughts

I used to read Seeking Alpha. For free. IMHO it's gone downhill.
+1
by Church Lady
Wed May 30, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: My mind exploded
Replies: 79
Views: 4651

Re: My mind exploded

I am footing insurance, university, gas, car repair and phone service. My goodness, for what purpose does she need to be frugal? :oops: Unless she's wearing old lady orthopedic sandals, I too am having a hard time figuring out what you get for $155. If she is wearing orthopedic sandals, compliment ...
by Church Lady
Tue May 29, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pension options for parents
Replies: 4
Views: 568

Re: Pension options for parents

1.Lump sum It is possible that, should they take a lump sum, they will pay income tax on that 13,000. How does this affect their tax planning? I had the option to roll a lump sum into a traditional IRA. They would pay ordinary income tax on the tIRA when taking funds out. How would this work into th...
by Church Lady
Tue May 29, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 14
Views: 2442

Re: How much is a Roth worth?

Why would I pay a fee to deposit money into a Roth when there are plenty of custodians who will accept my deposit for free? :confused
by Church Lady
Tue May 29, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: What is a reasonable amount of time to spend cleaning a house prior to showing
Replies: 17
Views: 1366

Re: What is a reasonable amount of time to spend cleaning a house prior to showing

Wrong question. The question you want to ask is: what is a reasonable standard of cleanliness prior to showing a house? Their agent can give them advice. If it really takes Mom and Dad 3 hours to tidy the house to an acceptable level, maybe they are not doing enough cleaning when no viewers are expe...
by Church Lady
Tue May 29, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: New roof - does this ridge vent look right?
Replies: 40
Views: 3564

Re: New roof - does this ridge vent look right?

My attic is not one that I could easily or safely walk around in, but should I make an attempt to go up there and inspect for any water? You can hire a home inspector to go up there and look around. If he finds water damage, have him take photos for you. He will give you a written report. That way,...
by Church Lady
Tue May 29, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Stable Value Funds in Retiremen?
Replies: 7
Views: 840

Re: Stable Value Funds in Retiremen?

As long as the Fed is raising interest rates, I'll keep my 401k fixed income allocation in the stable value fund. The only other thing appealing in this environment is the floating rate bond fund. The other bond funds are declining. Some are the 401k's worst peformers this year. Once interest rates ...
by Church Lady
Mon May 28, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 8311

Re: Help Buying Mens Shoes for Work and Dating

Here is a woman's perspective on shoes and dating. The first rule is to wear actual shoes. No Tevas, thongs, pluggers, flipflops, sandals, huaraches, espadrilles, Crocs, or other such thing unless you're going to a pool or beach party. Here is a corollary: wear socks, dude! The second rule is for yo...
by Church Lady
Mon May 28, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Best brand of appliances for new condo
Replies: 21
Views: 2150

Re: Best brand of appliances for new condo

I would go to the library and look these appliances up in Consumer Reports, especially if you have to pick from a list. Unless you are getting a built-in microwave, I wouldn't worry about that particular appliance much. They are easily and cheaply replaced. IF it is built in, I would put some effort...
by Church Lady
Mon May 28, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 29268

Re: Why pay cash for a car?

I financed my first car loan to build up my credit rating. I'm dating myself here, but I think I paid 10% :!: or so, and was happy to get that rate. After a year or so, I figured my credit was as improved as it was going to get, so I paid it off. At the time, it was considered savvy to finance a car...
by Church Lady
Sun May 27, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13913

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

Given the mortgage deductibility is no longer a factor to consider Oh, it's still a consideration. This year I am mulling over whether to set my income such that 1/3 of the mortgage interest is subsidized by the government, or all the mortgage interest is subsidized. But I will certainly itemize an...
by Church Lady
Fri May 25, 2018 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13913

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

OP, There is yet another option. You could take some of that money and 'recast' your mortgage. You'd keep the loan rate and the term, but you'd reduce your payment. Just saying! Assuming you have no problems cash flowing the mortgage and have enough surplus to enjoy life a little, I'd lean towards k...
by Church Lady
Thu May 24, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: A Lonely T. Rowe Price Account - Transfer?
Replies: 21
Views: 1235

Re: A Lonely T. Rowe Price Account - Transfer?

OP, have you seen this?

https://www.bogleheads.org/wiki/Paying_ ... itch_funds

It has a link to a spread sheet for estimating costs.
by Church Lady
Sun May 13, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4837

Re: Anything wrong with too many lots?

Years ago, I had a lot of tiny lots in an ESPP (Employee stock purchase plan) of fractional shares due to my payroll deduction not equaling one full share. One year, I decided to harvest a tax loss and rebalance too. I forgot I had automatic dividend re-investment on. Within the wash day period, I g...
by Church Lady
Sat May 12, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Just started a summer job. Should i start using them for their 401k?
Replies: 27
Views: 1797

Re: Just started a summer job. Should i start using them for their 401k?

Also ive only worked 3 weeks this year so far, so couldnt i just put in 5500 that i had in the bank and now that im working nobody would ask questions? Hope this makes sense You sure could. The only caution I would make is that you're not allowed to contribute more to any type of IRA each year than...
by Church Lady
Thu May 10, 2018 12:15 am
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2240

Re: how to figure that shoes need replacing

Turn them over and look for wear on the heels and sole. If the heels are worn more on either the outside or inside, you are <d iagnosis censored > and could possibly benefit from < medical advice censored >. Oh wait, no giving medical advice on Bogleheads! Show your heels to your doctor when you tel...
by Church Lady
Tue May 08, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 63
Views: 7281

Re: Memory Foam Mattress Recomendations

https://www.overstock.com/Home-Garden/Milliard-4-inch-Tri-Folding-Mattress-with-Ultra-Soft-Removable-Cover-and-Non-Slip-Bottom/18528564/product.html OP, For not much money, you can get a tri-fold mattress and test drive memory foam. I got one of these a few years ago and found it EXTREMELY comfortab...
by Church Lady
Mon May 07, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Gardening 2018
Replies: 49
Views: 4123

Re: Gardening 2018

I started lettuces from seed six weeks ago. I moved the pots outside 2 days ago. Yesterday squirrels gobbled up all my lettuces. :oops: Now I am building cages for the other plants. :(
by Church Lady
Mon May 07, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: DRIP (Dividend Reinvestment Plan)
Replies: 21
Views: 1831

Re: DRIP (Dividend Reinvestment Plan)

Congratulations on deciding to invest, and to consider re-investing dividends. These days, you can direct your mutual fund custodian or your broker to reinvest dividends for just about anything: fund, ETF, individual stocks, bond funds, whatever. My broker doesn't charge for this and I would be surp...
by Church Lady
Mon May 07, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6268

Re: When to buy new underwear?

Changed out every year for what reason? What if you have 50 pair versus 7 pair - same schedule? With any clothing - swap when it wears out. Modern detergent will clean it and if you still have concerns you can add some Clorox bleach to make sure. Sadly, modern detergent will not clean it. Read this...
by Church Lady
Sat May 05, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Working Hours Glide Path
Replies: 10
Views: 924

Re: Working Hours Glide Path

It looks like you have about 13 years of expenses saved up, so there's no rush to decide whether to cut back your hours. Do you have a specific plan for what you would do during your seven months off? For example, a place you'd like to travel to before you are too old to experience it properly? A ch...
by Church Lady
Sat May 05, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Buying house from 1977
Replies: 20
Views: 1618

Re: Buying house from 1977

Look for things that might have to be replaced soon: appliances, furnace/boiler/heat pump/AC, roof, septic, things of that nature. Look for amateur repairs and additions that may not have been done well. Make sure wiring is copper and not aluminum. When you make an offer, the offer should state you ...
by Church Lady
Wed May 02, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 10529

Re: Have you quit eating sugar? Tell me how!

1.Go cold turkey. 2.Avoid watching programs like "The Great British Baking Show", "Food Network", "Baking with Julia", "Barbeque Masters", and so forth. Go to youtube and watch videos of anorexics juicing aloe vera leaves and grinding their own soymilk. :D (No, seriously, that Great British Baking S...
by Church Lady
Fri Apr 27, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 2815

Re: Do you sell or donate unused items?

Donate. The only unused thing I have ever sold is text books. :D
by Church Lady
Fri Apr 27, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Learning to drive a stick [car with manual transmission]
Replies: 126
Views: 6189

Re: Learning to drive stick

I don't know, OP. By the time you pay $180 for the lesson, then pay to rent a car for practice, are you really saving money? Enough to justify the time out of your life to learn the skill? My first two cars were stick shift, and I'm pretty good at it. My mechanic could not believe my clutch was the ...
by Church Lady
Wed Apr 25, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9507

Re: How did you tell the boss you're leaving/retiring?

I sent an email to my boss that said I'm retiring and we could talk any time he wanted to. That way, I had officially 'given notice' with a time/date on the notice. After I did that, I called HR to tell them I was retiring. One of their first questions was, does your boss know? If I had said no, I d...
by Church Lady
Fri Apr 20, 2018 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3769

Re: Good Dad, Bad Dad [pay for son's driving expenses (or not)]

Your son needs to get a driver's license. You need to help him to do this, and not tie it to a job.

The car is a separate issue. I can see a case for getting him one, and a case for not getting him one. I leave that for other posters. Good luck!
by Church Lady
Wed Apr 18, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3578

Re: Total Cost of Car Ownership over 10 years

Car washes? Interior detailing ?

Where I live you have to have the undercarriage washed from time to time.