Search found 65 matches

by louiethelilac
Thu Oct 10, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: In home part-time senior care options?
Replies: 13
Views: 833

In home part-time senior care options?

Looking for in home care help for my MIL who has mild dementia and is in an independent living facility but not yet a candidate for assisted living ; need someone 2-3 hours a day to do some basic household stuff, nothing that requires medical certification or experience, just a very reliable and pat...
by louiethelilac
Fri Oct 04, 2019 6:54 pm
Forum: Investing - Theory, News & General
Topic: Primecap or Capital Opportunity
Replies: 3
Views: 696

Primecap or Capital Opportunity

Looking to consolidate the number of funds in my Roth. I like the idea of keeping some funds in one of these two (I currently have both) but realize they have extreme overlap, same management team, etc. and am planning to move the balance of one into the other. I understand Capital Opportunity is su...
by louiethelilac
Thu Oct 03, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7600

Re: Daddy I'm engaged! Pre-nup?

We're not hearing wedding bells yet but our son and daughter are both launching themselves... one in the military and the other is just finishing up college. I would appreciate some input on the unfamiliar (to me) subject of pre-nuptial agreements for children who get engaged. Someday our kids will...
by louiethelilac
Wed Sep 25, 2019 7:50 am
Forum: Personal Investments
Topic: Managed payout fund
Replies: 7
Views: 715

Re: Managed payout fund

I use it in my IRA; not for the payout (the purpose for which it is intended), but to get relatively cheap exposure to alternatives. I'm not fully convinced that this additional diversification will result in higher risk adjusted returns for me in the future (thus far it hasn't) or whether the fund'...
by louiethelilac
Sun Sep 15, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: What to expect at a Jewish funeral?
Replies: 7
Views: 2146

Re: What to expect at a Jewish funeral?

In addition to what has been mentioned, If you know that the family belongs to a particular temple, call that synagogue and mention that you would like to contribute in memory of the deceased. Most likely the office staff or clergy will be able to direct you to do what the family would appreciate mo...
by louiethelilac
Tue Sep 03, 2019 7:19 am
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 12133

Re: Learnings/Regrets from last two recessions

I learned that just like equity risk, one must account for the risk of his/her human capital in making portfolio decisions. No job is completely safe, especially in recessionary times.
by louiethelilac
Mon Sep 02, 2019 9:56 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Strategy
Replies: 28
Views: 3604

Re: Portfolio Strategy

I also agree with Taylor that valuation based expected return forecasts sound good but have a dubious record in practice. Look at the early 2000s forecasts that overestimated bond returns & foreign stock returns significantly & underestimated US stock returns to date. One solution is to examine bot...
by louiethelilac
Mon Aug 26, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Aid Volunteering for AARP or VITA
Replies: 52
Views: 2785

Tax Aid Volunteering for AARP or VITA

I'm thinking of signing up for one of these and looking for insights from people who have done one or both.

What are the time commitments?
Have you found it rewarding and a good opportunity to meet others?
Any pros/cons that you can think of?
by louiethelilac
Thu Aug 22, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17101

Re: White collars- How much is your work downtime?

About 80%. Not kidding. But unusual in that I have a specialized role, no direct reports, remote working arrangement, and no direct customer interaction. Top performer (based on results).
by louiethelilac
Wed Aug 21, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 70
Views: 8268

Re: Anybody else enjoy sitting around and doing little in retirement?

I let the outside activities "come to me," but don't go looking for them (or do them only) for fear of having nothing to do. So far that has worked out well. I think the #1 fear I would have in retirement is living alone--something I've never done except for a couple of months when I was 17, and I ...
by louiethelilac
Sun Aug 18, 2019 9:39 am
Forum: Personal Investments
Topic: Don’t put new money in market right now??
Replies: 59
Views: 7622

Re: Don’t put new money in market right now??

The advice is not surprising. Advisors have an incentive to "sound smart" and appeal to what clients are likely to accept as "common sense" (the market is "high" why buy now)? But the advisor does not know what will happen nor what the true odds are of what will happen in the near term. I do not kno...
by louiethelilac
Tue Aug 13, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 9174

Re: Critique my exercise routine because it's not working for me

Chew every mouthful of food - 12 reps each bite. You will lose weight soon.
by louiethelilac
Tue Aug 13, 2019 7:41 am
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 97
Views: 7458

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

Welcome to the Board! I agree that 100% equities makes a lot of sense for you at your age. It's what I did, and it's what I'm advising my children (who are about your age) to do. Personally, I'd begin to taper back somewhere in the age 45-50 timeframe; that may be more aggressive than many. OP, I d...
by louiethelilac
Mon Aug 12, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16344

Re: Wellesley 56.05% drop today

AvidGardener wrote:
Mon Aug 12, 2019 5:35 pm
What happened?!? Wellesley VWIAX was around $64.96 per share. I just looked, it's $28.62, losing $36.50 per share today. A 56.05% drop :confused
Time to rebalance into Vanguard balanced funds before they catch the error
by louiethelilac
Fri Jul 26, 2019 7:53 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19042

Re: Laid Off - Want to Retire / Am I OK

It does not seem that the issue is whether you have enough assets to retire (sure looks like you do), but whether you are comfortable with your asset allocation. You seem concerned with sequence of returns risk and having to sell shares (on top of dividend income) to meet your expenses, but there is...
by louiethelilac
Thu Jul 25, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Where would you move to?
Replies: 130
Views: 9765

Re: Where would you move to?

My wife and I are trying to determine a place to move. Reasons why are a long story. We're at a loss for where to go. We do know that we'd like to be in a state that has no income taxes. We live an active outdoor life will the dogs. We'd like to be in a place with a smaller population and reasonabl...
by louiethelilac
Wed Jul 24, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you return items purchased online?
Replies: 20
Views: 1102

How often do you return items purchased online?

We spend about $1,500 per year on online shopping (mostly on Amazon). We're happy with about 80% of our purchases. For the other 20%, I find myself getting too lazy to return anything below $20. Sometimes I rationalize it by thinking I still might get some use of it (as a spare "something"), even th...
by louiethelilac
Sun Jul 07, 2019 7:52 am
Forum: Personal Investments
Topic: If I want to time the market
Replies: 59
Views: 2922

Re: If I want to time the market

I did this on Friday (with 10% of my existing portfolio) and used Prime Money market, which I do not view as "cash" but rather a separate asset class from stocks and bonds. I have no issues holding it for the long term as I do not take it as a given that I will be compensated over the next 5-10 year...
by louiethelilac
Fri May 17, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5975

Re: Guidance on choosing between UMich and Brown

Familiar with both schools. If he is the least bit "nerdy" (and I mean that with the utmost respect), in a vacuum I would predict he will be much happier at Brown.
by louiethelilac
Sat Mar 16, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95641

Re: That's enough for me in 2019

I think it’s extreme, 100% in cash, then I read thread 100% in stocks. Just read both of these threads where one wants to go 100% equities and the other says enough in 2019 going 100% cash. You are right about extremes. Cash vs Bonds vs Stocks ratio is something personal and different for individua...
by louiethelilac
Fri Mar 08, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tire protection plans?
Replies: 18
Views: 824

Re: Tire protection plans?

Appreciate all the feedback. In answer to one post yes it is tire AND wheel protection. I decided not to get the dealer coverage, which has risen to a cost of $628 for 36 months. Time to relearn how to straddle those potholes if I don't find anything cheaper.
by louiethelilac
Fri Mar 08, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tire protection plans?
Replies: 18
Views: 824

Re: Tire protection plans?

In the process of leasing a new car. For my last lease I purchased the dealer's wheel/tire protection plan (about $450 over 3 years; was glad I did since during that time I would have had to outlay about $1,300 between tires that had to be fixed or replaced; cost was zero each time with no hassle )...
by louiethelilac
Fri Mar 08, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Tire protection plans?
Replies: 18
Views: 824

Re: Tire protection plans?

I once read in one of the manufacturer's web sites regarding aftermarket warranties: "of the 10 leading aftermarket warranty companies 10 years ago, none are still in business". What happens is when costs start to rise, they declare bankruptcy, dissolve and start up again as a new company......and ...
by louiethelilac
Fri Mar 08, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tire protection plans?
Replies: 18
Views: 824

Tire protection plans?

In the process of leasing a new car. For my last lease I purchased the dealer's wheel/tire protection plan (about $450 over 3 years; was glad I did since during that time I would have had to outlay about $1,300 between tires that had to be fixed or replaced; cost was zero each time with no hassle). ...
by louiethelilac
Mon Mar 04, 2019 6:21 pm
Forum: Personal Investments
Topic: Calculating NJ Tax exempt Income in an IRA and How to Report
Replies: 5
Views: 372

Re: Calculating NJ Tax exempt Income in an IRA and How to Report

I posted a similar question a while back.

viewtopic.php?f=1&t=231484

I found it hard to get a consistent answer even from CPAs on this. But I have reduced the income on the NJ return pro rata based on the treasury related income.
by louiethelilac
Sat Mar 02, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Repair Old Beater, Buy New Beater, Lease Cheap?
Replies: 16
Views: 1288

Re: Repair Old Beater, Buy New Beater, Lease Cheap?

I was in this situation last year with my daughter and shopped around with her for a sub $220/mo lease. Insurance will be higher, maintenance will of course be much lower. In the end in total it's a more expensive option that fixing the beater but not all that much more than fixing or buy used. In m...
by louiethelilac
Sat Mar 02, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: what are the most important financial goals for you
Replies: 24
Views: 1981

Re: what are the most important financial goals for you

To be able to help my children weather the storm of an economic depression
by louiethelilac
Sat Mar 02, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help adult child with education expense
Replies: 9
Views: 769

Re: Best way to help adult child with education expense

Ahh looks like Mr Lindauer answered this a few years ago (for anyone else with the same question). Thanks.

viewtopic.php?t=73203
by louiethelilac
Sat Mar 02, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help adult child with education expense
Replies: 9
Views: 769

Re: Best way to help adult child with education expense

Thanks Broken Man. The link says "You must be at least 24 years old on the first day of the month in which you bought the bond(s)." I'm not sure if this includes bonds that were "gifted" Thanks Tomato. Yes I am aware of the distinction. My point was that when the two options are compared #1 would s...
by louiethelilac
Sat Mar 02, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help adult child with education expense
Replies: 9
Views: 769

Re: Best way to help adult child with education expense

Thanks Broken Man. The link says "You must be at least 24 years old on the first day of the month in which you bought the bond(s)." I'm not sure if this includes bonds that were "gifted" Thanks Tomato. Yes I am aware of the distinction. My point was that when the two options are compared #1 would se...
by louiethelilac
Sat Mar 02, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Best way to help adult child with education expense
Replies: 9
Views: 769

Best way to help adult child with education expense

Greetings all, I have a married son, 31 years old, who is planning to go back to school for a two year graduate degree. I am supportive of his endeavor and would like to help him with the expense (after he exhausts any other types of grants he may receive). Better than giving him (or the school) cas...
by louiethelilac
Sat Feb 02, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone and plan needed for elderly mom
Replies: 6
Views: 489

Re: Cell phone and plan needed for elderly mom

Thanks everyone I will investigate all the options suggested
by louiethelilac
Sat Feb 02, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone and plan needed for elderly mom
Replies: 6
Views: 489

Cell phone and plan needed for elderly mom

Intended use would be only about 20-30 minutes of talk time per MONTH plus a few texts IF she can master it (letters need to be large enough). Closer to an emergency phone. No data needed. Wondering if anyone has done research recently on what's cheapest in this regard, in terms of both the equipmen...
by louiethelilac
Thu Jan 24, 2019 9:15 pm
Forum: Personal Investments
Topic: Comparing ST Corp with Int Term Muni in Taxable
Replies: 6
Views: 408

Re: Comparing ST Corp with Int Term Muni in Taxable

Thank you all for responding. State taxation would be the same in both cases. But the idea that Vanguard may not be classifying the risk of their bond funds correctly (e.g., by taking duration risk into account but not credit risk, at least to a sufficient level), definitely gives me more to think a...
by louiethelilac
Thu Jan 24, 2019 6:27 pm
Forum: Personal Investments
Topic: Comparing ST Corp with Int Term Muni in Taxable
Replies: 6
Views: 408

Comparing ST Corp with Int Term Muni in Taxable

Vanguard Intermediate Term Muni Fund: 2.35% 30-Day Yield, 5.2 Year Average Duration, Vanguard Risk Rating of 2 Vanguard Short Term Corporate Bond Admiral Fund: 3.56% 30-Day Yield, 2.7 Year Average Duration, Vanguard Risk Rating of 1 Placement: Taxable account Goals: Maximize After Tax Income and min...
by louiethelilac
Sat Dec 22, 2018 11:24 pm
Forum: Personal Investments
Topic: Roth conversions while contributing to 401K
Replies: 10
Views: 646

Re: Roth conversions while contributing to 401K

Thanks for all your responses. Good things to think about! Livesoft - agreed that keeping track of the basis should not be a big deal DSIinvestor - good point the IRA basis for the state is however high since the IRA unlike the 401ks have already had the contributions taxed by the state. Fivek - int...
by louiethelilac
Sat Dec 22, 2018 9:19 pm
Forum: Personal Investments
Topic: Roth conversions while contributing to 401K
Replies: 10
Views: 646

Re: Roth conversions while contributing to 401K

Thanks DSI; I have about 15k non deductible as part of my IRAs that I have kept track of via form 8606 but it is not isolated, so yes I am resigned to needing to keep track of my pro rata basis going forward.
by louiethelilac
Sat Dec 22, 2018 8:17 pm
Forum: Personal Investments
Topic: Roth conversions while contributing to 401K
Replies: 10
Views: 646

Re: Roth conversions while contributing to 401K

I would anticipate being in the 24% bracket as well (the lower end) post retirement.
by louiethelilac
Sat Dec 22, 2018 3:50 pm
Forum: Personal Investments
Topic: Roth conversions while contributing to 401K
Replies: 10
Views: 646

Roth conversions while contributing to 401K

Currently in the 24% marginal bracket. Now starting a Roth conversion plan. Will work for another year or two. IRA balance is about 1/2 our 401K balance. Small balance in non deductible IRAs. State allows for deductibility of my 401K. Thinking a viable strategy is to do Roth coversions from my IRAs ...
by louiethelilac
Fri Jun 01, 2018 7:09 pm
Forum: Personal Investments
Topic: Just received IRS form CP05 - Do I really take no action?
Replies: 0
Views: 596

Just received IRS form CP05 - Do I really take no action?

Just had the pleasure of receiving a letter that my 2017 refund (sizable vs. other years) is being withheld for another 6 weeks pending additional review of my reported income, withholding, etc. Besides verifying that my math (or rather H&R Block' Software's math) was correct and that all my W-2's, ...
by louiethelilac
Thu Mar 22, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Kettlebell Swing experience?
Replies: 50
Views: 5568

Re: Kettlebell Swing experience?

I hurt my back pretty badly a couple of years ago doing kettlebell swings (incorrectly I'm sure) and it took me quite a while to recover. I now view exercises such as this and others which require explosive, dynamic, or plyometric movement as unfavorable in terms of the risk/reward spectrum for non ...
by louiethelilac
Sat Mar 10, 2018 12:00 pm
Forum: Personal Investments
Topic: Simple (I hope) tax question re: the QBI 20% deduction
Replies: 2
Views: 408

Simple (I hope) tax question re: the QBI 20% deduction

My wife has a small ($30K per year) part time sole consulting practice (she gets paid via 1099s only) for which she has filed her self employment income on Schedule C for years as part of our joint 1040. She has never considered setting up anything like an LLC or other official entity; does she have...
by louiethelilac
Sat Nov 04, 2017 1:02 pm
Forum: Personal Investments
Topic: Treasuries in an IRA - State Tax Implications?
Replies: 3
Views: 529

Re: Treasuries in an IRA - State Tax Implications?

Thanks mega for confirming this from a NJ perspective. Certainly the Federal rules are clear, but the fine print in the state code re: distributions is confusing.
by louiethelilac
Sat Nov 04, 2017 10:47 am
Forum: Personal Investments
Topic: Treasuries in an IRA - State Tax Implications?
Replies: 3
Views: 529

Treasuries in an IRA - State Tax Implications?

For someone committed to an all bond portfolio in their IRA and planning to take RMDs or do Roth conversions within a a couple of years, is it beneficial from a tax perspective for someone residing in a state that taxes IRA earnings (e.g., NJ) to use all treasury funds (such as Vanguard's TIPs or in...
by louiethelilac
Sat Oct 14, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: 5 year CD vs 5 year Fixed Deferred Annuity
Replies: 2
Views: 660

5 year CD vs 5 year Fixed Deferred Annuity

Assume a similar interest rate for both vehicles, one's willingness to forego FDIC insurance, and a reluctance to purchase municipal bonds (as a 3rd alternative) at this time. I'm curious of any other downsides of going with the FDA over CD for the purpose of deferring taxes on the interest over the...
by louiethelilac
Sun Oct 08, 2017 9:35 am
Forum: Personal Investments
Topic: Using "Bear" Funds In Lieu of Taxable Reallocation
Replies: 8
Views: 1057

Re: Using "Bear" Funds In Lieu of Taxable Reallocation

Thanks for all the replies. A few questions for those of you who have taken the route of buying puts on an index for the purpose I outlined? (attractive because the goal is insurance against an over aggressive allocation with a known downside, and not speculation). 1, Do you do this on an ongoing ba...
by louiethelilac
Sat Oct 07, 2017 12:40 pm
Forum: Personal Investments
Topic: Using "Bear" Funds In Lieu of Taxable Reallocation
Replies: 8
Views: 1057

Using "Bear" Funds In Lieu of Taxable Reallocation

Assuming one is in a high tax bracket, sitting on large capital gains, and wishing to change his/her allocation in their taxable accounts, is using market inverse (i.e., "bear") funds a viable strategy to use to lower overall short term stock market risk instead of selling off equities and realize l...
by louiethelilac
Tue Aug 08, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is my current LTC policy relatively good?
Replies: 19
Views: 1810

Re: Is my current LTC policy relatively good?

Thank you Bruce. Good point. I guess the low lifetime benefit is probably the largest factor in favor of self insuring vs. this policy. Not sure if I can do better elsewhere on a LTC or perhaps a (gasp) a Whole Life policy with a LTC rider.
by louiethelilac
Tue Aug 08, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is my current LTC policy relatively good?
Replies: 19
Views: 1810

Is my current LTC policy relatively good?

Hello all, For those of you with experience comparing Long Term Care policies, I was wondering if you could assess how mine stacks up with what I might be able to obtain elsewhere or if in fact I have near as good a deal as I can given the particulars below: Current Age: 57 Gender: Male Residence: N...
by louiethelilac
Tue Jun 20, 2017 8:56 pm
Forum: Personal Investments
Topic: X times expenses and the rest equities - solve for X?
Replies: 3
Views: 1221

Re: X times expenses and the rest equities - solve for X?

Thanks Dandy that gives me some additional ideas to think about. I guess by keeping your "safe" money "ultra safe" you are offsetting the risk of not keeping up with inflation by being a bit more conservative with your funding age. It's a perspective I may borrow from.