Search found 1047 matches

by Dottie57
Wed Mar 29, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 85
Views: 6549

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

The single biggest problem I have with investing is saving. I'll look just about anywhere for advice about that, including someone who knocks on my door. Saving is easy during working years. Have money deposited automatically in savings account. The hard part is figuring how to live on what is left.
by Dottie57
Tue Mar 28, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4100

Re: Daughter maxed out credit cards, needs help from me

I am a real contrarian here. I would help Daughter with a plan (Dave Ramsey style). Daughter got herself into trouble. She really needs to know she can get herself out. After she pays off 1/2 to 3/4 of debt , consider a gift to pay off the rest. I really do think she needs to know she can get hersel...
by Dottie57
Mon Mar 27, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 70
Views: 4100

Re: John Bogle interview: is "deep risk" growing?

rgs92 wrote:Again, from recent posts, it sounds like 80/20 is becoming the new 60/40 (or 50/50).



I guess a 50/50 split is very conservative then.
by Dottie57
Mon Mar 27, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 3052

Re: Why are international and US stocks down today?

I think stock / mutual fund owners are like a flock of sparrows at a bird feeder. If one gets spooked and flies away, the others become spooked and quickly follow suit. However when one sparrow is brave enough to return, the others slowly drift back in until the last sparrow is back. The cycle then ...
by Dottie57
Sat Mar 25, 2017 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for mother's dementia care...retirement accts versus other investments
Replies: 12
Views: 1221

Re: how to pay for mother's dementia care...retirement accts versus other investments

I whole heartedly agree with imabeliever. A verygood Elder Law attorney is needed. Preferably someone who has vast experience in dementa care. My dad had dementia. He was on the edge of needing memory care when he died. I plowed lots into cash savings in case I needed it to support my mom if dad use...
by Dottie57
Sat Mar 25, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have enough? How I realized yeah I do.
Replies: 73
Views: 11009

Re: Do you have enough? How I realized yeah I do.

yellowgirl wrote:Off topic but why do people sit at Starbucks? You don't have internet at home?



Change of scenery. Also the coffee place I go to is like my "Cheers".
by Dottie57
Sat Mar 25, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 25
Views: 2919

Re: "Designing Your "Glide Path"

Good article. SS as it stands today will pay close to 100% of necessary expenses. Portfolio will give a better lifestyle. So I am at a 50/50 split. And will remain there. I didn't think that it was possible to have a decent lifestyle living only on SS. We both have very good pensions and early SS a...
by Dottie57
Sat Mar 25, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 25
Views: 2919

Re: "Designing Your "Glide Path"

Good article.

SS as it stands today will pay close to 100% of necessary expenses. Portfolio will give a better lifestyle. So I am at a 50/50 split. And will remain there.
by Dottie57
Sat Mar 25, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have enough? How I realized yeah I do.
Replies: 73
Views: 11009

Re: Do you have enough? How I realized yeah I do.

I have enough for retirement and between 65 and 70 when I take SS. I don't feel like I have enough between now (60) and 65 and enough for Roth conversion and health insurance. So continue to work. However I do feel much calmer when confronted with possibility of layoff ... which would s now looming ...
by Dottie57
Sat Mar 25, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Debt vs. Investing
Replies: 15
Views: 1223

Re: Debt vs. Investing

Yikes, that is a lot of non-mortgage debt with most of it at interest rates of 5% or higher. Investing should not be your worry right now. Paying down those high interest debts is a much better choice. Contribute enough to get any matches in the 401k and such. Then throw whatever you can at the deb...
by Dottie57
Sat Mar 25, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Debt vs. Investing
Replies: 15
Views: 1223

Re: Debt vs. Investing

Yikes, that is a lot of non-mortgage debt with most of it at interest rates of 5% or higher. Investing should not be your worry right now. Paying down those high interest debts is a much better choice. Contribute enough to get any matches in the 401k and such. Then throw whatever you can at the deb...
by Dottie57
Sat Mar 25, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 25
Views: 2919

Re: "Designing Your "Glide Path"

Taylor wrote: " Consider an appropriate target fund -- then forget about it." Forget about it until when? What happens at the time of decumulation? In 2009, John Bogle observed in Enough (page 151): "And we are only now developing annuity-linked programs that allow our clients a seam...
by Dottie57
Sat Mar 25, 2017 8:02 am
Forum: Personal Consumer Issues
Topic: In-N-Out Burger - Best Chain Fast Food Burger Joint?
Replies: 144
Views: 18868

Re:

lippy wrote:+1 Culver's


+1

Culvers onion rings and ice cream are worth the trip too.
by Dottie57
Fri Mar 24, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 4139

Re: Divesting to heirs. When and how quickly.

With all the concerns that folks raised, I am interested if anyone on this forum is going the way of Warren Buffet. Not that anyone here may be a billionaire, and I'm sure Buffet is leaving his children some money, but why does one have to give it all to their children, if indeed they were raised w...
by Dottie57
Thu Mar 23, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my father's windfall
Replies: 25
Views: 2489

Re: Help with my father's windfall

Re: Annuity This may be gone with Mother's passing. You need to take a look into the legal contract that was signed to discover terms. I don't believe the annuity can be taken away if it was not being annuitized yet? No money has been drawn at all. I will research more. There are many types of annu...
by Dottie57
Thu Mar 23, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 117
Views: 12008

Re: So someone drained $13k from my checking account...

But I don't know if any of it really makes a difference. I have a client who had her business debit card hacked and duplicated - it was never lost - but it was mysteriously being used to purchase airplane tickets and hotel stays. She was using it for only a couple of transactions per month as her c...
by Dottie57
Thu Mar 23, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my father's windfall
Replies: 25
Views: 2489

Re: Help with my father's windfall

Re: Annuity

This may be gone with Mother's passing. You need to take a look into the legal contract that was signed to discover terms.
by Dottie57
Wed Mar 22, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 4613

Re: Vehicles as a percentage of net worth

Have read 20% of net income suggested as a maximum on ALL costs for ALL cars owned. I suspect many BH's would find that way out of line. I just calculated and for us is just under 13% in our four car (two hobby) single income household with just under a third of that amount going to insurance. Ok, ...
by Dottie57
Wed Mar 22, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: How Do I Do More?
Replies: 17
Views: 1679

Re: How Do I Do More?

75k income with standard deduction and exemption. Fed tax =$11553

Start to put contributions into trad 401k and trad ira. Fed tax = $5678.

You save $5875 in fed tax -which could be invested or saved.

If you pay state tax, you will most likely save there too.
by Dottie57
Wed Mar 22, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How Do I Do More?
Replies: 17
Views: 1679

Re: How Do I Do More?

Trying to save for a modest home in a high tax area. Maxing out Roth 401k and Roth IRA. Single, white, female (around 30 yrs old) making approx. 75k/annually Monthly expenses = $850 Monthly income (after taxes) = $1500 Monthly cash savings = $1000 Any beginners advice on how to generate more income...
by Dottie57
Wed Mar 22, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: How do I share internet with my neighbor?
Replies: 17
Views: 1361

Re: How do I share internet with my neighbor?

I live in a remote area so there is a oligopoly of ISPs where I live and thus very expensive. They want $85/month for 25mb/s Luckily my brother lives across the street and the side of the house looking at my brother's house can receive his wifi signal The question is how do I distribute this to my ...
by Dottie57
Wed Mar 22, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6425

Re: Recommended emergency fund for middle class households: $13,800

I suupose you are right, but this is where I would go for unexpected. Right now each dollar has multiplepuposes and only time will tell the eventual use. My job is not that stable right now. Mgmt is increasingly difficult and my emergency may end up being early retirement. Yes, I can understand whe...
by Dottie57
Wed Mar 22, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6425

Re: Recommended emergency fund for middle class households: $13,800

For those of you with multiple years of emergency funds, are you anywhere near or in retirement? 5 years away. I want the money there for 2 things a) support myself during period from retirement to SS, b) Roth Conversions during same time. All money will be taxed at 15% or less. Well in that case, ...
by Dottie57
Wed Mar 22, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Non-traded REIT - Analyzing how horrible, and trying to get out
Replies: 30
Views: 2113

Re: Non-traded REIT - Analyzing how horrible, and trying to get out

I would exit the REITs. Get into a better investment straregy. Look into a way of making life miserable for the creep who sold your grandmother these illiquid assets.
by Dottie57
Wed Mar 22, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2309

Re: Anybody using the TERMINAL over the GUI in ubuntu?

I just installed Ubuntu linux on an older PC due to the (unfortunate) soldered-on 4GB RAM being too draggy for Win10. Works great now. Just a question - are any of you preferring the command line (terminal) interface to the GUI? I know it's allegedly more powerful, but are there any folks doing rea...
by Dottie57
Tue Mar 21, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 69
Views: 3728

Re: A SUV for towing a Travel Trail

Weatherbug and RadarScope.
by Dottie57
Tue Mar 21, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6425

Re: Recommended emergency fund for middle class households: $13,800

36+ months of expenses +1 +1 -1 I have 0 dollars of money in an emergency fund. If I get some expenses, I will sell a bunch of my investments. I see no need to give some percentage of my stocks/bonds a special name. Personally I couldn't sleep well at night knowing I had 36 months of money wasting ...
by Dottie57
Tue Mar 21, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3253

Re: I thought I knew my desired AA

Before 2008, I had no problems since I did not have much and retirement seemed far away. Hitting 50 and going through 2008 opened my eyes. Including EF, I am at 50/50. Without it I am at 60/40. Retirement is 3 to 5 years away. What was your AA when you were 40 and 50? What would you have changed gi...
by Dottie57
Tue Mar 21, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6425

Re: Recommended emergency fund for middle class households: $13,800

Thrifty Femme wrote:For those of you with multiple years of emergency funds, are you anywhere near or in retirement?


5 years away. I want the money there for 2 things a) support myself during period from retirement to SS, b) Roth Conversions during same time. All money will be taxed at 15% or less.
by Dottie57
Mon Mar 20, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6425

Re: Recommended emergency fund for middle class households: $13,800

Grt2bOutdoors wrote:
RoadHouseFan wrote:36+ months of expenses


+1


+1
by Dottie57
Mon Mar 20, 2017 8:22 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 96
Views: 12485

Re: What % of your income have you converted to wealth?

Surprisingly 61%. Includes retirement, savings, home. Interesting calculation.
by Dottie57
Mon Mar 20, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance Investing Advice
Replies: 8
Views: 815

Re: Inheritance Investing Advice

Hi Bogleheads! I have shared previously I was working overseas and came back to the states to care for my father after my mom passed. I took most of my saving in Vanguard and retirement and put in money market. I shifted everything into Vanguard and almost all is in money market right now due to a ...
by Dottie57
Mon Mar 20, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3253

Re: I thought I knew my desired AA

OP, The good news / bad news is the only thing that will make a difference on whether you will reach your number is your saving rate. A) It increases the amount that you can invest. B) It reduces the annual expense that you need to support. Over the next 10 to 15 years, the time and compounding of ...
by Dottie57
Mon Mar 20, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3253

Re: I thought I knew my desired AA

Before 2008, I had no problems since I did not have much and retirement seemed far away. Hitting 50 and going through 2008 opened my eyes. Including EF, I am at 50/50. Without it I am at 60/40. Retirement is 3 to 5 years away.
by Dottie57
Mon Mar 20, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP
Replies: 16
Views: 799

Re: ESPP

I ened up having tp hold due to a 50% loss in value due to CEO malfeasance. Took a very long time to recover. 8years or so.

I no longer do ESSP.
by Dottie57
Mon Mar 20, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Best way to expand my vocabulary?
Replies: 79
Views: 3255

Re: Best way to expand my vocabulary?

I've tried books, using Vocab apps on my phone, etc. I would like to know more words to sound more intelligent and express myself better. What do you suggest I use to expand my vocabulary? Thank you. Using big words does not make you sound smart. Speaking clearily and precisely with good grammar wi...
by Dottie57
Sun Mar 19, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help: I think I can do better
Replies: 5
Views: 363

Re: Portfolio Help: I think I can do better

OP, I think you have a 401k with match and not an IRA with match. Start contributing 18k to your 401k -it is a great tax shelter. You will be happier at retirement. If you can't do it all this year, ramp up over a 3or 4 year period. Read about the 3 fund portfolio in the wiki. Great suggestions for ...
by Dottie57
Sun Mar 19, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 10900

Re: Paying $20 to E-File State Return

I pay. I want tax paying to be done , finished, buttoned up. If this is the worst way I spend money, then I am happy.
by Dottie57
Sun Mar 19, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Do you purposely spend with companies in your investment portfolio?
Replies: 42
Views: 2006

Re: Do you purposely spend on products/services with companies that are in your investment portfolio?

itstoomuch wrote:It was the other way around.
We bought stock (Discretionary) in the companies that had products that we prefer. :oops:
Mostly holding cash from sells. Valuations are pretty high in these companies.



+1. I sold the stock and made a tidy profit.
by Dottie57
Sat Mar 18, 2017 9:33 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18331

Re: How Bad was 2008, really?

I'm in no means trying to be flippant, but I don't recall 2008 being any different than any other period in my investing life. When I put the money down I fully expect there is a possibility I can lose it all. I accept that fact and move on. It wasn't just the money being gone. It was the fear of h...
by Dottie57
Sat Mar 18, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: How do you cope with regret over selling too soon?
Replies: 57
Views: 3105

Re: How do you cope with regret over selling too soon?

You made me look! I bought and later sold a small amount of Netflix stock back in the day. I sold at a decent profit before the big run up. Had I kept it, it looks like it would be worth over $200K now. :shock: Regrets? No. You win some, you lose some. At the time, I was playing around with individ...
by Dottie57
Sat Mar 18, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Would like comments on this Roth Conversion quote.
Replies: 30
Views: 2284

Re: Would like comments on this Roth Conversion quote.

I plan to do conversions in order to reduce tax on social security. I'll be able to do about 1/2 until RMD and SS startt.
by Dottie57
Sat Mar 18, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18331

Re: How Bad was 2008, really?

I'm in no means trying to be flippant, but I don't recall 2008 being any different than any other period in my investing life. When I put the money down I fully expect there is a possibility I can lose it all. I accept that fact and move on. It wasn't just the money being gone. It was the fear of h...
by Dottie57
Fri Mar 17, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Using 12-13% of Retirement Funds to pay off Mortgage?
Replies: 23
Views: 2013

Re: Using 12-13% of Retirement Funds to pay off Mortgage?

Strongly disagree. Retirement benefits allow tax-free income and gains for a very long time, whereas interest on the mortgage is deductible against ordinary income. Your nonretirement account is a source of liquidity if needed. An alternative might be to reduce your equity allocation, either by sel...
by Dottie57
Fri Mar 17, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 1992

Re: PTO issue with Wife's work

OP, you are overthinking this way too much. Management already said all are going to lose their PTO. So essentially there is no fairness or good faith attempt at making employees whole. As such this is corporate theft. This is no team environment. So do what you/ your wife need to do. Call in sick ...
by Dottie57
Fri Mar 17, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 1992

Re: PTO issue with Wife's work

I've been retired for 15 years so maybe things have changed. But I doubt it. If an employee more than once - even politely and even obsequiously - complained about the difficulty of using earned paid time off, he/she would be "documented" out of the organization as a "trouble maker&q...
by Dottie57
Fri Mar 17, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: 3 years versus 10 years annuity payment
Replies: 10
Views: 509

Re: 3 years versus 10 years annuity payment

Which is a better choice for supplemental benefit pension( no cost of adjustment for either) beginning July 1st? 1. $1232 per month for 3 years 2. $467 per month for 10 years How much better if the better choice is number 2 as I am thinking about choice 1. Will either move you into a different tax ...
by Dottie57
Fri Mar 17, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2999

Re: Retirement Plan: Do it myself or use Advisor?

If you want a very safe retirement look in the wiki for LMP for liability matching portfolio. No one knows the future, including an advisor. Advisors are expensive for what they do. And I say that as a person with a cousin who is a cfa. Please do 't go with an advisor. Don't be someones meal.
by Dottie57
Fri Mar 17, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18331

Re: How Bad was 2008, really?

I Just pulled out my full year 2008 statement for current 401k. Started the year with 186k. Ended the year with 164k. Sometme during the year I moved 325k out of stocks and into stable value and 10k from same to bonds. Assets of current holds at end were cash/bond/stock. At 42%/29%/29%. Future inves...
by Dottie57
Fri Mar 17, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Anyone else taking less risk
Replies: 115
Views: 9320

Re: Anyone else taking less risk

I'm 5 years out to retirement. The ratio is now 50/50 which I still think will cause the portfolio togrow.

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