Search found 23 matches

by macman_65
Mon Oct 23, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Helping college costs of grandchildren
Replies: 26
Views: 1397

Re: Helping college costs of grandchildren

I guess I would consider the gift to be for the grandkids not the kids.

Not sure why the kids that are childless would expect money to pay for their own children's' education when they don't have kids.
by macman_65
Mon Oct 16, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Pulling the trigger on rebalancing/simplification of my 401k
Replies: 3
Views: 282

Pulling the trigger on rebalancing/simplification of my 401k

Over the past 25 years my 401K had frayed into 12 different funds - including 4 separate target funds, a couple different midcaps, etc. I pulled the trigger on re-balancing to try to emulate the "three fund" approach. This is what I went with - does this seem reasonable - any red flags? I am 52 look...
by macman_65
Wed Oct 04, 2017 7:25 am
Forum: Personal Consumer Issues
Topic: How to improve credit score
Replies: 23
Views: 1319

Re: How to improve credit score

You may not be able to do anything about it, if you don't have long enough credit history. My credit rating fluctuates between 810-835 usually it drops shortly after I pay my daughter's college bill. My numbers are close to what you supplied: 100% on-time payments 1% Credit used 115K available credi...
by macman_65
Mon Sep 18, 2017 10:09 am
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 29
Views: 2689

Re: New Columbus, Ohio Chapter

I'm in NW Ohio about 2 hours from Columbus. Would love to have you at the next meeting. You can email Mark at ColumbusBogleheads@gmail.com to get on the local email list. FYI - Cleveland area also has a local chapter (if that is any closer to you). Thanks, email sent. Cleveland is about 3.5 hours a...
by macman_65
Mon Sep 18, 2017 9:39 am
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 29
Views: 2689

Re: New Columbus, Ohio Chapter

I'm in NW Ohio about 2 hours from Columbus.
by macman_65
Mon Sep 18, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Pocket money allowance for college student
Replies: 48
Views: 2678

Re: Pocket money allowance for college student

I put my daughter as an authorized user on my credit card for her first 3 years - which I monitored. She goes to school without a meal plan but has a dorm with a full kitchen so she had to buy groceries. Prior to her senior year (current) - she got a credit card under her own name so she can learn t...
by macman_65
Thu Aug 31, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 6252

Re: How many "investment" accounts do you have?

13
Fidelity: 401K, Roth
Scottrade: brokerage, Roth
Computershare: brokerage
Ally: Checking, Savings, MM
Local CU: Checking, Savings
529 for each kid (2)
Pension
by macman_65
Wed Aug 30, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Concerns about under/over funding 529
Replies: 16
Views: 1424

Re: Concerns about under/over funding 529

My oldest daughter will be graduating in December. Her college funding was split about 60% from 529 and the other 40% from savings. I think this percentage works pretty well and I will be shooting for about the same percentage for my youngest daughter who is currently in 9th grade. I am expecting to...
by macman_65
Mon Aug 21, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my recently widowed mom's finances
Replies: 22
Views: 1358

Re: Help with my recently widowed mom's finances

I am sorry about your father. Are you familiar with the Government Pension Offset provisions? Just be sure that your mother's SS benefit is not affected by it before you make any decisions. The OP indicated that his mother was eligible to receive her own SS at FRA - which implies that she had a job...
by macman_65
Fri Aug 18, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: ETF index fund, anytime a good time?
Replies: 13
Views: 1262

Re: ETF index fund, anytime a good time?

If you have never invested before, going all in with stock markets at all time highs might be a mistake as you probably have a low risk tolerance. Have you considered what your asset allocation would be, based on how you would feel if the market declined 20, 40% or more? https://www.bogleheads.org/...
by macman_65
Fri Aug 11, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Individual stocks for fun
Replies: 24
Views: 1752

Re: Individual stocks for fun

Buy enough different stocks and you have an index fund with 0% ER. Isn't that the BH way?
by macman_65
Wed Aug 02, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 24391

Re: How much money do you need to retire?

I am 52 / 1.3M

My retire point is 2M or 62 whichever comes first.
by macman_65
Thu Jul 20, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Considering pension plan in asset allocation
Replies: 37
Views: 1781

Re: Considering pension plan in asset allocation

I have always considered my pension (and my SS) to be a part of my asset allocation. Not doing this distorts the AA horribly, pushing it into a very conservative stance. In my case DW and I have pensions and SS. Right now I consider them to be the equivalent of 4% bonds. If interest rates go higher...
by macman_65
Wed Jul 19, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Paying for college expenses
Replies: 9
Views: 1122

Re: Paying for college expenses

Another, kind of related question - Currently, he has an add-on card on one of my credit cards but from what I can see this would NOT build up his own credit history. He turns 18 in September. At that time, would it be a good idea to have a credit card issued in his own name from the bank where we ...
by macman_65
Fri Jul 14, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Estate planning to avoid probate
Replies: 16
Views: 1720

Re: Estate planning to avoid probate

Her time is split between Illinois (house) and Utah (condo).
by macman_65
Fri Jul 14, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Estate planning to avoid probate
Replies: 16
Views: 1720

Re: Estate planning to avoid probate

Depending on the state of residence, the nature of the assets and other details, avoiding probate may not, on balance, be something you/she may really want to do. it seems to me, as the situation is described, proper, fair and reasonable distribution of the assets should be the highest priority. Un...
by macman_65
Fri Jul 14, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Estate planning to avoid probate
Replies: 16
Views: 1720

Estate planning to avoid probate

I am the executor of my mother's estate - appx 2M. She is 78 but in relative good health, golfs 5 days a week and still shoots in the 40's (on occasion). I would guess she has another 15-20 years but who knows. She has made it clear to me that she would like to set up the estate to avoid probate. I ...
by macman_65
Fri Jun 30, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Am I on track, or just crazy...
Replies: 38
Views: 6058

Re: Am I on track, or just crazy...

So you are planning on raising and teaching your kids on the water until they start high school?
With no contact or interaction with other kids their age?
by macman_65
Thu Jun 22, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Fermenting Vegetables
Replies: 45
Views: 3899

Re: Fermenting Vegetables

I ferment hot pepers. I use them sliced or to create hot sauces. A lot of the commercial hot sauces are made with fermented peppers. I know some hot sauces are fermented but I don't know how it's done. How long do you typically let them "mature". Is a standard pickling liquid involved or does the c...
by macman_65
Wed Jun 21, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Fermenting Vegetables
Replies: 45
Views: 3899

Re: Fermenting Vegetables

I ferment hot pepers. I use them sliced or to create hot sauces.
A lot of the commercial hot sauces are made with fermented peppers.
by macman_65
Mon Jun 19, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: AA with a pension
Replies: 15
Views: 1869

Re: AA with a pension

What is your age? What is the approximate value of the rest of your retirement portfolio? What is the current cash out value that you could receive as a lump sum if you left the company today? In my opinion it would be reasonable to count that amount as a "bond" for purposes of setting your asset a...
by macman_65
Mon Jun 19, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: AA with a pension
Replies: 15
Views: 1869

Re: AA with a pension

When I elect to retire and begin collecting the pension I will have multiple options. I can receive it as a lump sum or as an annuity payable in monthly installments. There are variations on the type of annuity and I can split between lump sum and annuity in 25% increments (ie 25% lump sum, 75% annu...
by macman_65
Fri Jun 16, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: AA with a pension
Replies: 15
Views: 1869

AA with a pension

Should a pension at retirement impact a current AA decision? I have a pension (400K) that will be account for about 20% of my funds when I retire in 10 years or so. Aside from the pension my current 401k, Roth and other investments are at a 90/10 AA. I was thinking to balance to a 70/30 AA but was w...