Search found 1323 matches

by Dottie57
Wed May 24, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 65
Views: 5921

Re: i am my own "guy," but not sure I should advertise that

I usually keep my mouth shut unless asked. Though often it is hard as I am surrounded by folks making disastrous financial decisions almost all the time. Example: A few days ago, I was talking to a co-worker. His truck payment is $735 a month. His 401(k) contribution is 3%. He rents an apartment an...
by Dottie57
Wed May 24, 2017 12:19 am
Forum: Personal Consumer Issues
Topic: California Title Car Paid Off no Title for 8 months
Replies: 6
Views: 624

Re: California Title Car Paid Off no Title for 8 months

I didn't get my title without a lien either. I called up the lender and they sent me a letter of satisfactio stating the loan waspaid in full.
by Dottie57
Tue May 23, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity and their "free advisor" service?
Replies: 29
Views: 1876

Re: Fidelity and their "free advisor" service?

Thanks to you guys I ditched Edward Jones before they could steal much of my money. :beer I recently sat down with my father and explained just how bad Edward Jones was treating him. He was very receptive of changing. I know this is a Pro - Vanguard group but everyone here seems pretty open and hon...
by Dottie57
Tue May 23, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 51
Views: 3229

Re: How to Invest Church Money

Thanks for all the advice so far. A little more background information might help. We are a very young church - we just got out of "mission" status 1 1/2 years ago. We currently rent our building but would eventually like to own our own. We are, however not in any hurry to do so. Our annu...
by Dottie57
Tue May 23, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Very Close to FI / RE - Allocation Suggestions?
Replies: 23
Views: 1792

Re: Very Close to FI / RE - Allocation Suggestions?

Can we please stop discussing my mother's portfolio now? What she does or doesn't do isn't my business and is not something I can control. I'm focused on my preparation for retirement, my determination of when I've hit F.I. and what allocation is best as I head into leaving the work world at the po...
by Dottie57
Mon May 22, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2218

Re: Investing FOR Retirement vs Investing IN Retirement

I'm five years into retirement after 40 years of accumulation. I see these primary differences since retiring: I have contributed virtually nothing to savings or retirement accounts, contrary to my prior practice of contributing the maximum. I withdraw each year about 60% of my net pre-retirement i...
by Dottie57
Mon May 22, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: What to do w/ $60k Lump Sum?
Replies: 33
Views: 2117

Re: What to do w/ $60k Lump Sum?

Contact your bank and find out the exact rules for removing PMI. These can be complicated. That's $192/month that is serving no useful purpose for you. This would be my top priority. I don't get those who are saying you should pay off your student loans. 3.5% mortgage vs. 3.8% student loan rate is ...
by Dottie57
Mon May 22, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: What to do w/ $60k Lump Sum?
Replies: 33
Views: 2117

Re: What to do w/ $60k Lump Sum?

CoAndy wrote:I would pay off the entire student loan and throw the remaining $15k to your mortgage, bringing your end of PMI date that much closer.



+1
by Dottie57
Mon May 22, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 51
Views: 3229

Re: How to Invest Church Money

Why keep a reserve ? Well let's see : Rent increases . What if they lose their worship space and rent doubles? Hiring staff. For the ministry of the church to invest in community . Down payment on property /architect / building . Electronic worship and band equipment Youth ministry . I agree . Don'...
by Dottie57
Mon May 22, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 60
Views: 5059

Re: Zacks says sell Wellesley!?

jhfenton wrote:Zack's ratings are complete and utter nonsense. You would be better served by forgetting that they exist.



Who is zack? And why care what he says?
by Dottie57
Mon May 22, 2017 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 51
Views: 3229

Re: How to Invest Church Money

Thanks for all the advice so far. A little more background information might help. We are a very young church - we just got out of "mission" status 1 1/2 years ago. We currently rent our building but would eventually like to own our own. We are, however not in any hurry to do so. Our annu...
by Dottie57
Mon May 22, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Very Close to FI / RE - Allocation Suggestions?
Replies: 23
Views: 1792

Re: Very Close to FI / RE - Allocation Suggestions?

To answer some of the questions: - Future Inheritance: I'm sole living heir and only beneficiary of my parent, who is nearing 90 yrs old. I'm trustee of the trust. Condo, all possessions, all financial accounts (everything) pass to me upon the death of my parent. Parent's investments are worth just...
by Dottie57
Mon May 22, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: I admit, I give up [need strategy for getting back in]
Replies: 30
Views: 3982

Re: I admit, I give up [need strategy for getting back in]

livesoft wrote:OK, there is one more strategy: Do both LS and DCA: ..... Git 'er done.


Put 50% in now then 5% in each 6 months.

I have been DCAing into my 401k for 20 years. It really does work through highs and lows.
by Dottie57
Sun May 21, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of electronic access
Replies: 39
Views: 2779

Re: Risks of electronic access

I will be managing my debit card differently after last friday. My bank called and said there were suspicious transactions. We went through recent ones and two were places I have not shopped for months. The debit card is canceled. I will not use thevreplacement for anything other than bank ATM. My B...
by Dottie57
Sun May 21, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: No estate plan, are DIYs wills good enough for now? CA residents need ASAP
Replies: 18
Views: 1319

Re: No estate plan, are DIYs wills good enough for now? CA residents need ASAP

OP's couple should see an attorney A.S.A.P and stop procrastiinating.

Stop going to an anonymous internet board for legal advice.

P.S. Having a will does not avoid probate.
by Dottie57
Sun May 21, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2218

Re: Investing FOR Retirement vs Investing IN Retirement

I'll be attending the August meeting. There is also a third category...of pre-retirement. Considerations during the 5 year or less period before retirement.. Setting oneself up for roth conversions considerations for deciding when to tak SS. Taxation of SS. Re-investing rmds. Preparing for black swan.
by Dottie57
Sat May 20, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 50. Making sure my investments are in order.
Replies: 15
Views: 3283

Re: Retiring at 50. Making sure my investments are in order.

OP,

What are your monthly expenses? Will SS be in the picture sometime in your 60's? If so , how much and at what age?
by Dottie57
Sat May 20, 2017 7:37 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 56
Views: 3681

Re: Interesting conversation with an alleged SS actuary

I want the years between 65 and 70 to convert at least part of my retirement accounts to Roth so no SS during those years, I want lower RMDs to lower Taxes pn SS A counter argument to this idea is the risk factor. Pulling down your retirement money faster at the beginning risks running out of money...
by Dottie57
Sat May 20, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 4888

Re: What are your priorities for retirement?

Pre-retirement. 1) healthie including lose weight , exerxise. Retirement in no order. 1) get to retirement. 2) help care for mom. 3) if possible, move to set of condo's which have screened in porch for length of unit. Reminicent of houses where the porch extends the full width of the house. Returns ...
by Dottie57
Sat May 20, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: I'm having a freak-out moment (portfolio question)
Replies: 24
Views: 2345

Re: I'm having a freak-out moment (portfolio question)

The people who feel compelled to save a million dollars or more also have no pension. Your pension alone is worth what it would cost to buy an immediate annuity at the appropriate income level. (You'll have to price that one yourself, since you don't provide sufficient information. Try a site like ...
by Dottie57
Fri May 19, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America bogus late payment fee.[temporary software glitch, gone now]
Replies: 52
Views: 3134

Re: Bank of America bogus late payment fee.

So, did you call BoA? It won't solve the problem permanently but my life experience has been that most places will refund a late payment fee just because you ask, the first time . That is, if this is your first time, you can probably just call and say "I want a late payment fee refunded, becau...
by Dottie57
Fri May 19, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 56
Views: 3681

Re: Interesting conversation with an alleged SS actuary

I don't think the decision is moot for all people in all circumstances. I want the years between 65 and 70 to convert at least part of my retirement accounts to Roth so no SS during those years, I want lower RMDs to lower Taxes pn SS. I also want the higher SS amount in case I follow some of my rela...
by Dottie57
Fri May 19, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should Our Square Dance Club Incorporate?
Replies: 7
Views: 478

Re: Should Our Square Dance Club Incorporate?

Who would sue square dancers. And for what?
by Dottie57
Fri May 19, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: title of my home in my name but I'm remarried
Replies: 30
Views: 2866

Re: title of my home in my name but I'm remarried

I agree with afan. A promise should be kept if possible.
by Dottie57
Fri May 19, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 1899

Re: Edward Jones vs Vanguard self managed

I just got off the phone with my Edward Jones guy who told me the 1.44 % fee I am being charged is worth it because my account is continuously being re-balanced and that the return thus far for the year is 5.39 %. So according to him he is providing me with a well worth it service. He also told me ...
by Dottie57
Fri May 19, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: A daily panic on the averages a day or two ago
Replies: 11
Views: 1101

Re: A daily panic on the averages a day or two ago

selftalk wrote:Dottie57, Read my post again and you`ll see it was sarcasm about the media informing the investing public.



I was asking a serious question. I've been reading political stuff lately. Not checking markets every day.
by Dottie57
Fri May 19, 2017 10:39 am
Forum: Investing - Theory, News & General
Topic: A daily panic on the averages a day or two ago
Replies: 11
Views: 1101

Re: A daily panic on the averages a day or two ago

What big drop are you talking about?
by Dottie57
Fri May 19, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3086

Re: I am a huge believer in Passive Indexing.. but.....

OP You have been playing with "fun" money during a bull market. The circumstances which have blessed your picks will change drastically during a bear market. Remember you have the fun money because you are a passive investor not because you are a genious at picking stocks during a bull mar...
by Dottie57
Thu May 18, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: title of my home in my name but I'm remarried
Replies: 30
Views: 2866

Re: title of my home in my name but I'm remarried

Not a lawyer. Yet another reason to not get married. I also read that getting married invalidates a will unless the will was made with the marriage in mind. These really seem like terrible laws . Yes, really terrible, imagine entering into a legal contract agreeing to combine and become one, only t...
by Dottie57
Thu May 18, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5531

Re: Convince me to get back into stocks!

Gropes & Ray wrote:
amd7239 wrote:
delamer wrote:What if the market goes up 25% before it experiences a 15% drop?


That would be fine. All I want is for it to drop by 15 percent so i cam buy.


Do not invest in stocks today. You clearly don't understand how they work. Do some research until you understand, then come back. :beer



+1
by Dottie57
Thu May 18, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 90
Views: 6928

Re: Which Small SUV for 15 Year Reliability?

Subarus are mostly reliable, generally fun to drive, and have great aftermarket support. They do, however, have their Gremlins. We've had two so far: 2001 Outback - sold at 10 years / 150k within the family - needed a head gasket around 90k (covered by Subaru, did the timing belt at the same time, ...
by Dottie57
Thu May 18, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12176

Re: For those with $500k-$1m in investments...

6% in taxable. Have 401k, TIRA and Roth IRA.
by Dottie57
Thu May 18, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Forced Retirement
Replies: 28
Views: 2739

Re: Forced Retirement

I'm actually trying to figure out where the income stream of $110,000 comes from. Is this before or after taxes? that seems like a lot, or at least a "desired" stream, not "necessary" stream. I'd like that in retirement, too, but you really need something north of $1.5M to suppo...
by Dottie57
Thu May 18, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Paying balance of costly ambulance ride
Replies: 18
Views: 1027

Re: Paying balance of costly ambulance ride

I think you should pay the bill.
by Dottie57
Wed May 17, 2017 6:18 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1332
Views: 224934

Re: What are you up YTD? [Year To Date]

EOD. On 5/16/2017 5.12%. 50/50 split.
by Dottie57
Wed May 17, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Mini Milestone 100K
Replies: 19
Views: 1531

Re: Mini Milestone 100K

Congrats! Not a mini milestone as it means you are on your way to a good retirement.
by Dottie57
Tue May 16, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7256

Re: Article: "Our emergency fund is exactly $0.00"

I am not impressed when the first alternative is to use a credit card. Another choic is a heloc. Having cash at hand is good for emergencies.
by Dottie57
Mon May 15, 2017 9:17 pm
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2196

Re: Few days in Portland in July

OP gave enough info to figure out which Portland, but you'd have to do some Googling about that valley. Portland,ME also has a Marriott on the waterfront. :) It is fairly easy to add the state abbrev so am pointing out there are two fairly well known Portlands. I've been to the eastern one several ...
by Dottie57
Mon May 15, 2017 7:05 am
Forum: Personal Finance (Not Investing)
Topic: 7 year retirement plan
Replies: 15
Views: 1482

Re: 7 year retirement plan

You should put the annual maximum of $6,500 into a Roth for both you and your wife before investing in taxable. Also, if you want to be able to save more pre-tax (which you should since it appears you'll be in the 15% tax bracket in retirement) you can switch your wife's 401(k) contributions to 100...
by Dottie57
Sun May 14, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 39
Views: 3095

Re: how do you invest your HSA

J295 wrote:Wellington


+1
by Dottie57
Sun May 14, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2196

Re: Few days in Portland in July

OP gave enough info to figure out which Portland, but you'd have to do some Googling about that valley. Portland,ME also has a Marriott on the waterfront. :) It is fairly easy to add the state abbrev so am pointing out there are two fairly well known Portlands. I've been to the eastern one several ...
by Dottie57
Sun May 14, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Hep with rethinking portfolio.
Replies: 11
Views: 1128

Re: Hep with rethinking portfolio.

IMHO, you should keep 1year of max OUt of pocket expenses in cahs formyour HSA. 5 or 6 years ago I came down what turned out to be a "virus" of unknown origin or name. It attacked the nerves in my hands and arms and lasted 3 months. I far exceeded the OOP amount ny August of the year. I wa...
by Dottie57
Sun May 14, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Cars: Expense or Asset?
Replies: 84
Views: 4430

Re: Cars: Expense or Asset?

For me a car is a pure expense. I keep them for 10-15 years and then trade.
by Dottie57
Sun May 14, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11934

Re: Regret early retirement/downsizing

Different people are different. If I had had the money, I could have happily retired at age 24. I'm a creative person who can write, make music, pursue publishing and countless other projects. I don't get my energy or motivation from social situations or other people. I don't need or want validatio...
by Dottie57
Sun May 14, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2196

Re: Few days in Portland in July

I have a wedding to attend in Portland in late July. We will be arriving late on a Friday. We will have all day Saturday before the wedding and the entire day Sunday free. We are staying at the Marriott Downtown Waterfront. I was thinking something in Portland on Saturday and maybe heading to some ...
by Dottie57
Sat May 13, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: Praise for Roth IRA conversions in retirement, a bonus for early retirees
Replies: 11
Views: 1923

Re: Praise for Roth IRA conversions in retirement, a bonus for early retirees

We converted all traditional accounts to Roth accounts over a 5 year period. I am not yet 70 1/2. I looked at I-orp and it calculated the calculated value of our investments would be 10% higher over the rest of our lifetime than if we converted none of the traditional accounts. The Roth accounts no...
by Dottie57
Sat May 13, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: Out of town neighbor received FTD del.What to do.
Replies: 13
Views: 1433

Re: Out of town neighbor received FTD del.What to do.

You are going above and beyond. When we get home after a long out of town trip I'm always just happy to see the house is still there and not a smoking crater in the yard. That we haven't been robbed or that the house hasn't slid into the ravine behind. Besides, who asks someone to watch their house...
by Dottie57
Sat May 13, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: I'm hoping I didn't quit too soon
Replies: 8
Views: 2589

Re: I'm hoping I didn't quit too soon

Called it a day on 5May2017. More for mental health as I just couldn't manage people making six figures, sense of entitlement, etc. Anyway...Not anticipating working again at least in my former industry. Currently have Four 401K's from previous employers with Fidelity. One with Wells Fargo from my ...

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