Search found 8999 matches

by Dottie57
Tue Sep 29, 2020 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can i afford
Replies: 11
Views: 775

Re: How much house can i afford

It looks to me like you are really low in retirement savings. Start chunking away big dollars into retirement and taxable. In order to ramp up savings, you can afford a small to middle size house. Especially if you intend to pay for college.
by Dottie57
Tue Sep 29, 2020 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can i afford
Replies: 11
Views: 775

Re: How much house can i afford

More info is needed. How old are you and wife. What is your proposed retirement age? Down payment money is $xxx ? How will college be paid for? How much debt are you carrying right now. Do you have a pension? SS? I think you are asking the wrong question. The question is “How much house do I need? “.
by Dottie57
Tue Sep 29, 2020 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a lake house with my parents
Replies: 31
Views: 2480

Re: Purchasing a lake house with my parents

Why a lake house in the town in which we live? We live in a town with a lake and plan to spend summers at the lake house while renting our house in town and rent the lake house offseason (via VRBO or something). This would be a second home. My wife, kids and I would primarily use the property with ...
by Dottie57
Tue Sep 29, 2020 12:44 pm
Forum: Personal Investments
Topic: Allan Roth on SPIA in low interest environment
Replies: 4
Views: 569

Re: Allan Roth on SPIA in low interest environment

In case you missed this one. Seems like Allan now has a more positive view on SPIA as an alternative in a low yield market. https://obliviousinvestor.com/6-fixed-income-options-for-a-low-yield-environment/ As I reported in this thread, I don't think now is a good time to buy an SPIA. https://www.bo...
by Dottie57
Mon Sep 28, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8936
Views: 710313

Re: U.S. stocks continue to soar!

whodidntante wrote: Mon Sep 28, 2020 9:24 pm
tmcc wrote: Mon Sep 28, 2020 8:39 pm for not-yet-retirees, to not be 100% stocks is irresponsible.
Market top confirmed.
Bingo!
by Dottie57
Mon Sep 28, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: What did your accounts look like in your 30's?
Replies: 89
Views: 7475

Re: What did your accounts look like in your 30's?

Mine were nonexistent until my later 30's. Any extra income in my early 30's went towards paying down my mortgage, because at that time I only had terrible high priced annuity products in my employer plan. At age 31 My employer stArted a 401k plan. I started at 6 %. And in 4 yrs was at 15%. 40 I ha...
by Dottie57
Mon Sep 28, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Vacuum for mostly hardwood floors...
Replies: 47
Views: 2454

Re: Vacuum for mostly hardwood floors...

I thought you don't use vacs on wood floors because they cause minute scratches that over time dull the shine. Why not just a damp mop? Or a dust mop. Mom made us take our shoes off in the house. The floors didn’t have shellac or a finish other than wax, so no scratching. She would strip and re-wax...
by Dottie57
Sun Sep 27, 2020 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Investing and Saving Considerations for Single Guy
Replies: 50
Views: 3116

Re: Investing and Saving Considerations for Single Guy

26, single, but looking for a spouse/SO. Would recommend the LTD. I just decided to do it so I can maintain my nice standard of living if something were to happen. +1. Important to have for anyone. Financially you need ro do the same as all others. Know your expenses, try to avoid lifestyle creep. ...
by Dottie57
Sun Sep 27, 2020 9:29 pm
Forum: Personal Consumer Issues
Topic: Music for a camping trip
Replies: 38
Views: 2034

Re: Music for a camping trip

Barefoot wrote: Sun Sep 27, 2020 9:20 pm
Random Musings wrote: Sun Sep 27, 2020 8:48 pm As a person who likes to camp and hike, the enjoyment comes from being surrounded in nature and away from the hustle and bustle of everyday life. Be courteous and put on ear buds.
This
Agree.
by Dottie57
Sun Sep 27, 2020 9:16 pm
Forum: Personal Consumer Issues
Topic: Music for a camping trip
Replies: 38
Views: 2034

Re: Music for a camping trip

whole point of doing something like that IMO is to get away from tech (music) and enjoy nature. maybe better to go to an active, crowded public campground and play your music where there will already be lots of noise. +1 In my youth I went camping and we talked and listened to sounds around us. Mus...
by Dottie57
Sun Sep 27, 2020 5:37 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 78
Views: 6588

Re: Were you nervous when you retired?

I was nervous - new territory to be without a paycheck. But I adjusted. :happy And how long did the adjustment take ? Few weeks, couple years ? What did you do to help you adjust ? It took a year to feel comfortable. Actually moving money on the first of each month (like a paycheck) made me feel be...
by Dottie57
Sun Sep 27, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: DIY life style. Typical Boglehead?
Replies: 89
Views: 6225

Re: DIY life style. Typical Boglehead?

I generally pay for work to be done. It turnsout better.
by Dottie57
Sun Sep 27, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Should I get a mortgage if I don't need one?
Replies: 26
Views: 3115

Re: Should I get a mortgage if I don't need one?

If you have 20M available to you to buy a house, and will only use 10-15% of that, there is not much point of a loan. You will close faster not using a mortgage lender. A $2M loan over 15 years turns into a $3M spend on your end. I would recommend getting an appraisal as part of the buying process ...
by Dottie57
Sun Sep 27, 2020 11:34 am
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 78
Views: 6588

Re: Were you nervous when you retired?

I was nervous - new territory to be without a paycheck. But I adjusted. :happy
by Dottie57
Sat Sep 26, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 245
Views: 15898

Re: Never Ever Rebalance Bonds into Stocks?

As I mentioned earlier, it is easy to prove that bucket or one-way rebalance approaches are always suboptimal. You only have to understand bellman's principle of optimality to see why. Many of us doing it this way do not care about finding the "optimal" approach. If you've made the decision to reti...
by Dottie57
Sat Sep 26, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 245
Views: 15898

Re: Never Ever Rebalance Bonds into Stocks?

I don't understand this whole thread. I had always thought that we rebalanced to control risk not to influence return. Many posters have referred to matching retirement needs. Fine. We set our asset allocation to meet that objective. We then rebalance to keep the risk of that AA constant. If you do...
by Dottie57
Sat Sep 26, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: My Fido retirement meeting pushing me to SMA
Replies: 92
Views: 9553

Re: My Fido retirement meeting

I had a similar meeting with a local Fidelity Rep when I retired. 2 meetings in fact. I was not impressed with the plan of how they could invest "to beat the market" using Stocks and what appeared to be higher ER Funds, for a mere .75% Mgmt Fee. I went with doing it myself. After I told him of my d...
by Dottie57
Fri Sep 25, 2020 6:45 pm
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2517

Re: Does my house payment budget make sense?

One area I would change and that impacts $ available for house is savings. You have a very nice amount in investments. However in the expenses of OP’s post I would want to see a minimum of 15% put into designated retirement accounts from ALL sources of income. Apologies not fully following here. Yo...
by Dottie57
Fri Sep 25, 2020 5:47 pm
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2517

Re: Does my house payment budget make sense?

One area I would change and that impacts $ available for house is savings. You have a very nice amount in investments. However in the expenses of OP’s post I would want to see a minimum of 15% put into designated retirement accounts from ALL sources of income. Apologies not fully following here. Yo...
by Dottie57
Fri Sep 25, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Large Nest Egg...should I run a deficit to pay a larger mortgage?
Replies: 40
Views: 2917

Re: Large Nest Egg...should I run a deficit to pay a larger mortgage?

Maybe I missed it, but I don’t see any indication in your post as to the approximate size of the “large” nest egg that would take care of the mortgage payments. Thus, it’s impossible to provide an answer. If we’re talking about a $10 million portfolio from an inheritance or something, that is one t...
by Dottie57
Fri Sep 25, 2020 10:46 am
Forum: Personal Consumer Issues
Topic: Erasing everything off a computer? Any software?
Replies: 40
Views: 2574

Re: Erasing everything off a computer? Any software?

Normchad wrote: Thu Sep 24, 2020 9:47 pm It is interesting to me, that OP works at a place, where his data apparently isn't stored on a network drive or backed up anywhere. (I plan to copy everything off before the move).
........
Probably the correct answer is to ask your company IT department what you should do.
+1
by Dottie57
Fri Sep 25, 2020 10:34 am
Forum: Personal Investments
Topic: Does my house payment budget make sense?
Replies: 24
Views: 2517

Re: Does my house payment budget make sense?

One area I would change and that impacts $ available for house is savings. You have a very nice amount in investments.

However in the expenses of OP’s post I would want to see a minimum of 15% put into designated retirement accounts from ALL sources of income.
by Dottie57
Thu Sep 24, 2020 10:01 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 207
Views: 22516

Re: What is your favorite reasonably priced bourbon?

I'm relatively certain that most Kentuckians feel that way, but the bourbon laws only geographic requirement is that it be made in the United States. So there can actually be a Texas bourbon, though I understand that Kentuckians may view it the way Texans view Kentucky barbecue. :D Your link didn’t...
by Dottie57
Thu Sep 24, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I go for online Will making software?
Replies: 81
Views: 5268

Re: Should I go for online Will making software?

A will is your after death document. You won’t be there to clarify. It is extremely important to have one - especially if you die early. Do it right. Find a good lawyer and get it done. I found a lawyer indispensable - excellent questions were asked and made me think f hat I wanted to accomplish.
by Dottie57
Thu Sep 24, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Buying a house in a city with historically declining housing prices?
Replies: 17
Views: 1849

Re: Buying a house in a city with historically declining housing prices?

X528 wrote: Thu Sep 24, 2020 7:22 pm What is "CLE"?
Cleveland. Three letter I’d used by Airlines.
by Dottie57
Thu Sep 24, 2020 3:29 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3089

Re: Bogleheads knows how many Echo devices I have

mmmodem wrote: Thu Sep 24, 2020 3:28 pm Is everyone hearing 3? It's only spooky if 3 is correct. We do have 3 echo devices in the house. How is Bogleheads involved?
No. See above.
by Dottie57
Thu Sep 24, 2020 3:25 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3089

Re: Bogleheads knows how many Echo devices I have

I received a similar response from my one and only echo device. Amazon said three echo.

And yeppers, I did receive an email promoting Amazon Echos.
by Dottie57
Thu Sep 24, 2020 10:19 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7451

Re: Buckets in Retirement

Have buckets/lmp portfolio. Money I am spending within 18 mo is in very short term accounts. I have enough bonds to get me to SS AT 70 ( but will spend from whatever Is doing well when withdrawn.) I pay myself $xxxx every month as my paycheck.
by Dottie57
Thu Sep 24, 2020 10:08 am
Forum: Personal Consumer Issues
Topic: iOS 14 Battery drain on iPhone
Replies: 18
Views: 1383

Re: iOS 14 Battery drain on iPhone

I have read after installation of a major upgrade (13->14) iOS does a bunch of background updating which puts a load on the battery. I also know from experience (12->13 upgrade) that battery drain was a significant problem for me. Things settled down once Apple provided a software fix. I don't gene...
by Dottie57
Wed Sep 23, 2020 10:28 am
Forum: Personal Investments
Topic: Trying to figure out my estimated taxes for 2020 is driving me insane!
Replies: 21
Views: 2285

Re: Trying to figure out my estimated taxes for 2020 is driving me insane!

Taxcaster app is good on my iPad. It has done a decent job of estimating taxes for me. You need to input decent data however.
by Dottie57
Wed Sep 23, 2020 9:16 am
Forum: Personal Investments
Topic: Investing vs Saving for a House
Replies: 9
Views: 829

Re: Investing vs Saving for a House

If you really want a house and are buying within 5 years - don’t invest since your money may have been in a crash.

Goals for the money matter. Time frames matter. Consult with your wife on the decision.
by Dottie57
Wed Sep 23, 2020 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finance App (if you start fresh)?
Replies: 32
Views: 1439

Re: Personal Finance App (if you start fresh)?

KlangFool wrote: Tue Sep 22, 2020 4:34 pm OP,

None.


Do "Pay Yourself First" and contribute to the Trad 401K and Roth IRA up to the amount that you are willing to save. Then, spend the rest. No budgeting is needed.

You just need to look at your credit card charges and bank statement and add up the expenses.


KlangFool
+1
by Dottie57
Wed Sep 23, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finance App (if you start fresh)?
Replies: 32
Views: 1439

Re: Personal Finance App (if you start fresh)?

OP, None. Do "Pay Yourself First" and contribute to the Trad 401K and Roth IRA up to the amount that you are willing to save. Then, spend the rest. No budgeting is needed. You just need to look at your credit card charges and bank statement and add up the expenses. KlangFool This. I never budgeted....
by Dottie57
Wed Sep 23, 2020 8:45 am
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9596

Re: Professor Jeremy Siegel says 75/25 in retirement

Does his recommendation make any sense? https://www.cnbc.com/2020/02/08/whartons-jeremy-siegel-60-40-portfolio-doesnt-cut-it-anymore.html From the link: Dividends on stocks are going to be the new bond "....The Siegel-WisdomTree funds will try to solve for that problem by offering low-cost, high-yi...
by Dottie57
Wed Sep 23, 2020 8:22 am
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3157

Re: Pay Realtor Per Showing

Do you need to buy or is this just FOMO? If it’s bothering you just sit on the sidelines until you’re ready. I do need to buy. I'm not going to be homeless, but apartment living is not working out. I am having difficulty matching my expectations to market realities. It's difficult to a convince mys...
by Dottie57
Tue Sep 22, 2020 7:52 pm
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4074

Re: iMac - wait or buy now, if so which one?

We just bought a new iMac as they were updated pretty recently, I believe. FWIW, while I think the large screen is amazing, it's REALLY big. Depending on where you put it, it may be too big. If, however, you also want to use it for streaming TV, the 27" would be a nice option. Given the size of our...
by Dottie57
Tue Sep 22, 2020 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to cash an estate check when there is no estate?
Replies: 18
Views: 1513

Re: How to cash an estate check when there is no estate?

My mom died in May. I ‘ve received several checks for her estate or for her. I still have a checking account in her name and mine (joint). So I signed the checks with my name and they went into the account.

Keeping the account open through tax time of next year.
by Dottie57
Tue Sep 22, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: How will VBTLX do considering the FED stimulus, low rates and $23T Gov debt
Replies: 11
Views: 899

Re: How will VBTLX do considering the FED stimulus, low rates and $23T Gov debt

OP,

If you are truly worried the save more. It is the best way to have enough.
by Dottie57
Tue Sep 22, 2020 11:54 am
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4074

Re: iMac - wait or buy now, if so which one?

I would not wait. I am on my second iMac; I purchased it fully loaded with maximum memory and fastest processor. The first one lasted me 10 years without any problems until it got too slow for most personal / business functions. I purchased the second one over a year ago without regret and expect i...
by Dottie57
Tue Sep 22, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees thought about cutting spending in March 2020?
Replies: 53
Views: 3747

Re: Any retirees thought about cutting spending in March 2020?

I pay myself the same amount each month. No change. It is not an extravagant amount.
by Dottie57
Mon Sep 21, 2020 10:03 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9677

Re: Quicken Disaster!

I used to do a lot of work with databases in my last job. If we were doing database changes I would export the data to an excel CSV file with quotes around each field. This was a quick and easy way to hav a backup of a table or subset of data so it could be rolled back if necessary. I would suggest ...
by Dottie57
Mon Sep 21, 2020 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP versus PPO
Replies: 43
Views: 2292

Re: HDHP versus PPO

BV3273 wrote: Mon Sep 21, 2020 9:33 pm
Tdubs wrote: Mon Sep 21, 2020 9:11 pm Can you give use the specifics of the plans you are looking at?
Aetna, Cigna, and United Healthcare.
Plans are Silver (HDHP), Gold, and Platinum.
Fyi, a PPO plan can also be an HDHP plan. I am on one now. Not through the Exchange however.
by Dottie57
Mon Sep 21, 2020 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: In-network provider refusing service if we use insurance
Replies: 122
Views: 6512

Re: In-network provider refusing service if we use insurance

My wife just had a very interesting conversation with her orthopedist's office. This is an in-network provider. My wife is (was?) scheduled for a plasma shot later this week. The office told us up front that the shot is never covered by any insurance and that it will cost $350 cash up-front. We hav...
by Dottie57
Mon Sep 21, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: In-network provider refusing service if we use insurance
Replies: 122
Views: 6512

Re: In-network provider refusing service if we use insurance

My wife just had a very interesting conversation with her orthopedist's office. This is an in-network provider. My wife is (was?) scheduled for a plasma shot later this week. The office told us up front that the shot is never covered by any insurance and that it will cost $350 cash up-front. We hav...
by Dottie57
Mon Sep 21, 2020 11:45 am
Forum: Personal Consumer Issues
Topic: Does paying for 1Password Family worth it for a family of 2?
Replies: 19
Views: 1427

Re: Does paying for 1Password Family worth it for a family of 2?

Just a FYI - Family of 2 here too. Was a happy Lastpass user until they noticed that a large number of people at the Megacorp where I work were using their product and decided to try and strongarm the company to pay for a corporate plan! Well you can imagine how that went over with our IT folks - c...
by Dottie57
Sun Sep 20, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Condo fees & insurance costs; what is fair?
Replies: 10
Views: 1109

Re: Condo fees & insurance costs; what is fair?

Special assessments for routine maintenance items? Yikes. Sell your unit ASAP. We have two downtown buildings totaling something like 140 units and everything is done by square footage. +1 There should be reserve fund for capital improvements. So a new person in the association is responsible for t...
by Dottie57
Sun Sep 20, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9677

Re: Quicken Disaster!

FINAL (?) STATUS. Bottom line, I have given up on getting back my old data. (Unless a future Quicken Update can open one of my older data files, thus the above question mark.) I reinstalled Quicken on another computer and nothing changed: cannot open older Quicken data files. The reinstalled Quicke...
by Dottie57
Sat Sep 19, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: [getting payout of] fire insurance after fire
Replies: 17
Views: 1540

Re: [getting payout of] fire insurance after fire

It sounds like your policy is written on a replacement cost basis. These losses are first settled on an actual cash value meaning that the settlement reflects depreciation. What depreciation? Homes generally appreciate over time. If OP was insured for $179K, why isn't that what the insurance compan...
by Dottie57
Sat Sep 19, 2020 6:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5808
Views: 1383841

Re: What Movie Have You Recently Watched?

Recently watched 2 Japanese films, both on DVD. Aruitemo Aruitemo (Still Walking) 2008 - A family comes together to commemorate the anniversary of the death of the eldest son. A sweet and realistic portrayal - I liked it. The director Hirokazu Kore-eda has made several highly acclaimed films (inclu...