Search found 10 matches

by Mettaman
Fri May 12, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Professional Liability Insurance + LLC
Replies: 1
Views: 291

Professional Liability Insurance + LLC

Hello! I'm retired and have the opportunity to do consulting work in my field (marketing) that pays me more than the $10/hour I earn at a retail store. The nature of the consulting exposes me to some legal risk. During my career I was covered under my employers Errors & Omissions and Professiona...
by Mettaman
Mon Apr 24, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Child's Debt Consolidation
Replies: 14
Views: 2233

Re: Child's Debt Consolidation

Thanks everyone for the advice. Much appreciated. She's paying the credit card debt from emergency fund, starting to budget and cutting expenses.
by Mettaman
Fri Apr 21, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Child's Debt Consolidation
Replies: 14
Views: 2233

Child's Debt Consolidation

Hi! My daughter works for a non-profit food bank. Her salary is low and she has rung up a $7K credit card debt over 2 years to cover some living expenses. She has an emergency fund that can pay off the debt. She's gotten a roommate which will help lower the apartment rent so she can stop using the c...
by Mettaman
Wed Dec 23, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fee Only Planner or Robo-Advisor
Replies: 5
Views: 745

Fee Only Planner or Robo-Advisor

Hello! I'm 66 and retired at the end of 2014. Shortly before retiring I retained the services of a fee only financial planner/CPA to recommend an investment portfolio. The planner's compensation changed when I agreed to bundle portfolio planning with a quarterly review, tax loss harvesting and incom...
by Mettaman
Tue Aug 11, 2015 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Is it too late for a Roth?
Replies: 5
Views: 1217

Is it too late for a Roth?

I'm 66 and retired. My income consists of social security and dividends and interest from savings. Approximately half of my retirement savings are in an IRA. I do not have any Roth's. Should I be converting some/all of my IRA money into Roth IRA's at this stage in my life? My objective is to minimiz...
by Mettaman
Mon Jul 27, 2015 5:52 pm
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 24
Views: 3213

Re: Book Recommendation for New Investor

Thanks for you great suggestions. I'm forwarding to my daughter.
by Mettaman
Mon Jul 27, 2015 8:57 am
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 24
Views: 3213

Book Recommendation for New Investor

Hello. My 24 year old daughter has set-up her first investment account using Vanguard funds recommended by my financial planner. She's asked me for some book and/or blog recommendations to learn the basics of investing. Forum member recommendations are valued and appreciated.
by Mettaman
Tue Jul 21, 2015 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Cash on the Sidelines
Replies: 3
Views: 603

Cash on the Sidelines

In addition to "emergency cash" for living expenses I have a considerable amount of money in my checking account earning nothing. I'm a suspicious investor and while 90% of my nest egg (I'm 66 and retired) is invested in ETF's and bonds I've kept the checking account money out of the marke...
by Mettaman
Sun Jun 28, 2015 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Fee Only Planner vs. Betterment
Replies: 13
Views: 2280

Re: Fee Only Planner vs. Betterment

Thanks to all who posted responses to my question. I'm studying your insights.
by Mettaman
Sat Jun 27, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Fee Only Planner vs. Betterment
Replies: 13
Views: 2280

Fee Only Planner vs. Betterment

I'm 66 and have my retirement portfolios with a fee only planner to whom I pay 1% annually. There is a brokerage account and an IRA. Both accounts consist of 12 or fewer positions, mostly Vanguard ETFs. The exception is a bond ladder in the brokerage account. The planner rebalances the portfolios 1-...