Search found 3396 matches

by Dottie57
Sat Jun 23, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 8
Views: 375

Re: What am I overlooking?

1. Seriously - figure out current expenses.
2. Figure out how you can determine spending for last couple of years.
3. Determine what spending you can eliminate in order to start investing. Needs versus wants.

Good luck.
by Dottie57
Fri Jun 22, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 6162

Re: Ways to Protect Assets Without a Prenup

I posted this spine chiller on a previous thread: "That case involved a worker who, after his wife’s death, named his three children beneficiaries of his 401(k). Dad later remarried and, within a few weeks, died. Despite the fact that the kids were named on the official beneficiary form, the second...
by Dottie57
Fri Jun 22, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 6162

Re: Ways to Protect Assets Without a Prenup

Hi Op, Did you find how to keep premarital 401k money from co mingling with post marital? I've run into a wall. Fidelity, my 401k brokerage flatly said they don't have a way to setup a new 401k account to put the post marital 401k funds. [OT comment removed by admin LadyGeek] We might be stuck with...
by Dottie57
Fri Jun 22, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 33
Views: 1256

Re: This is ridiculously expensive LTCi, right? Or maybe not?

It sounds like if she pays the last 4 years @ $22K/yr she'll have about $190,000 total invested. Is this correct? If so, having an $8000 per month benefit for what could be a decade or more sounds like pretty cheap insurance. Breakeven would be less than two years in SNF. Did I miss something? +1 I...
by Dottie57
Fri Jun 22, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Minimizing my money worries in retirement
Replies: 13
Views: 1452

Re: Minimizing my money worries in retirement

If there are others who also worry about money in retirement, perhaps this post can help them? If anything this will just make things worse for most people. 1% withdrawal rate after subtracting out a $700k cushion, so really a sub 1% withdrawal rate? Unless one has a sizable pension (less prevalent...
by Dottie57
Fri Jun 22, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3126

Re: Most vs. Least satisfying home impovements

dbr wrote:
Fri Jun 22, 2018 11:08 am
I bet the consensus answer is that everyone really likes improved kitchens and baths and hates but wants/needs plumbing, roofs, and electric.
I think you’ve got it.
by Dottie57
Fri Jun 22, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 103
Views: 9016

Re: Can you retire on $2M?

I would be thrilled with $2m. I am short of that amount
by Dottie57
Fri Jun 22, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: How do find a good doctor for chronic hives
Replies: 24
Views: 1012

Re: How do find a good doctor for chronic hives

Find an allergist. Hives are generally caused by allergies.
by Dottie57
Fri Jun 22, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Two Toyotas - time to update for long trips?
Replies: 25
Views: 1802

Re: Two Toyotas - time to update for long trips?

Neither of those cars is close to "used up". Is the Camry giving you maintenance issues? 5k miles/year isn't much. A Highlander with 115k is not past the reliable stage. I wouldn't be in a rush to do anything here. Certainly, save up in your "car fund" for the next car. I don't think you need to be...
by Dottie57
Fri Jun 22, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Moving Cash to Fido Cash Management Account
Replies: 13
Views: 1213

Re: Moving Cash to Fido Cash Management Account

I think Fidelity does not accept cash even when you bring it to a branch. I think maybe you can keep an account at BoA, deposit cash there and let Fidelity pull the money there. Note that BoA charges fee if you initiate the ACH transfer on its side. https://www.nerdwallet.com/blog/banking/ach-trans...
by Dottie57
Fri Jun 22, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 86
Views: 5759

Re: Did you celebrate when you finally hit $1m?

I told my parents! They were delighted. Nothing else since I am single and don’t want to tell friends who think $1m is an unbelievable amount.
by Dottie57
Thu Jun 21, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3156

Re: is Ed Jones always bad news?

I started out with EJ when I first started investing as my first real job required I have a place for them to send my retirement contribution 2.5 x my contribution to the maximum allowed annually). I was at this job for 2 years. Got another job at large organization that had fidelity as the retirem...
by Dottie57
Thu Jun 21, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 53
Views: 4680

Re: DNA ancestry testing

Thought this was interesting: https://blogs.ancestry.com/cm/whos-more-irish-you-or-your-sibling/ That makes an important point. I think most people do DNA tests to find out where their ancestors came from. Not with a degree of accuracy that's worthwhile. What it shows (roughly) is what ancestral pl...
by Dottie57
Thu Jun 21, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3156

Re: is Ed Jones always bad news?

I started out with EJ when I first started investing as my first real job required I have a place for them to send my retirement contribution 2.5 x my contribution to the maximum allowed annually). I was at this job for 2 years. Got another job at large organization that had fidelity as the retirem...
by Dottie57
Thu Jun 21, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4202

Re: Struggling - Seeking Advice to Get On Track

The information is slowly making its way into my thick skull. My one sticking point... probably because of my involvement with the Dave Ramsey FPU and hearing him go on and on about mutual funds and 10-12% rate of return and when I look at the target funds they are no where near that and also him s...
by Dottie57
Thu Jun 21, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: American Funds 401k Advise
Replies: 39
Views: 2327

Re: American Funds 401k Advise

Send email requesting the information you want. Include a link to the government requirements. Or send it regular mail with receipt from USPS ( costs more but is great to track). Tell the advisor when you expect the info. Keep a paper trail.
by Dottie57
Thu Jun 21, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 45
Views: 1935

Re: "Never time the market" vs. lump sum investment

Fear doesn’t work well with investing. Decide on a plan and invest. Don’t look at the short term but the long term

Asset allocation Is important. I know I can’t handle big losses in retirement, so am at 50/50 allocation.

If there is no tolerance for loss go with treasuries or bank CDs.
by Dottie57
Thu Jun 21, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 43
Views: 2926

Re: How much of your taxable holdings is unrealized capital gains?

Many people have a lot of room in early retirement to take capital gains at a 0% tax rate. Others plan to hold the largest gains until death so their heirs get a stepped-up basis. Others donate the holdings with the largest gains. So even knowing what percent are unrealized gains, everyone's assets...
by Dottie57
Thu Jun 21, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: 4K Computer Monitors: 27 vs 32 inches?
Replies: 27
Views: 1812

Re: 4K Computer Monitors: 27 vs 32 inches?

I work with an open PDF file and Quicken (using Parallels on a Mac) side by side on an Apple Thunderbolt display. Using this setup, only part of the Quicken program is visible; even when the PDF is reduced to a more difficult to read size. I have considered upgrading to either the LG 27 inch 5K Ult...
by Dottie57
Wed Jun 20, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 26
Views: 3411

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

Do forget the big dogs and how they invest.

Do the reading list from Sandtrap.

Don’t buy a big expensive house until you know what expenses go with it. I am fine with a small but well appointed home. Low maintenance , low property taxes.

You’ve been given a gift. Use it well.
by Dottie57
Wed Jun 20, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's 403b provider switching - higher fees - how often can you rollover?
Replies: 8
Views: 467

Re: Wife's 403b provider switching - higher fees - how often can you rollover?

Hi folks, I just got a letter in the mail saying my wife's 403b with her present employer is moving to another proprietor, one who charges 1% annually just to have the pleasure of taking her money. Also, their TD fund options are American Funds with around 0.45% fees. Her current 403B costs $5/year...
by Dottie57
Wed Jun 20, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2267

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

My dad died about 1.5 years ago. This year I found an 11 year old digital picture of my dad, brother and his som, my nephew. It was from Christmas 2006. I had it printed at Walgreens (8 x 10) and framed. When I gave it to My brother, he became all misty eyed. Later on Father’s Day he told my mom it ...
by Dottie57
Wed Jun 20, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for long-term care of a brother with Autism? (Financial aspect)
Replies: 26
Views: 1560

Re: Planning for long-term care of a brother with Autism? (Financial aspect)

While your parents are currently able to provide housing to your brother as they move into retirement it may get more and more difficult for them to assist him. It is not necessarily in your brother's best interests to expect that your parents and then you will be able to be there to care for him. ...
by Dottie57
Wed Jun 20, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for long-term care of a brother with Autism? (Financial aspect)
Replies: 26
Views: 1560

Re: Planning for long-term care of a brother with Autism? (Financial aspect)

While your parents are currently able to provide housing to your brother as they move into retirement it may get more and more difficult for them to assist him. It is not necessarily in your brother's best interests to expect that your parents and then you will be able to be there to care for him. ...
by Dottie57
Wed Jun 20, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 809

Re: iPad/iOS - feature or bug?

Interesting. I don't have that problem with my 5th Gen. iPad. The latest iOS version is 11.4. Me either. The iPad I am using is an older iPad Pro. Perhaps in stead of touching the link hold it down aand lift up. You will get a choice -I pick open in a new tab. The first page remains open.
by Dottie57
Wed Jun 20, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Storing Sustenance for Disasters
Replies: 28
Views: 1910

Re: Storing Sustenance for Disasters

Whether to protect against the impacts of earthquakes, hurricanes, or zombie attacks, it is probably a good idea to keep a store of food an water on hand to sustain a family for a few weeks. FEMA and the American Red Cross suggest the following: https://www.fema.gov/pdf/library/f&web.pdf For those ...
by Dottie57
Wed Jun 20, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid Compliant 5 Year SPIA
Replies: 6
Views: 657

Re: Medicaid Compliant 5 Year SPIA

I'm not sure why you would choose a fixed-term annuity. If the annuitant dies before the predicted life expectancy, the remaining payments go to Medicaid. If the annuitant dies after the predicted life expectancy, there are no payments after 5 years. Wouldn't a life annuity be better? +1 Question -...
by Dottie57
Wed Jun 20, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 36
Views: 1157

Re: How to evaluate charities to donate to?

Wildebeest wrote:
Wed Jun 20, 2018 10:05 am
This is a great website.

https://www.givewell.org/charities/top-charities

Also if the Gates Foundation supports it, that is a great recommendation.
This a great site.
by Dottie57
Wed Jun 20, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 2757

Re: Is technology the reason for low inflation?

Offshoring has kept prices down for many years. When the second and third world export inflation, we're in trouble. (adjusts tinfoil hat) Government has a vested interest in under reporting inflation. Otherwise, they'd pay more to fund the debt, and for SS/Medicare. Why do you think the tax code sw...
by Dottie57
Wed Jun 20, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1081

Re: Cataract surgery - one or two?

sport wrote:
Wed Jun 20, 2018 10:57 am
If something goes wrong, you sure don't want it to affect both eyes.

This.
by Dottie57
Wed Jun 20, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1081

Re: Cataract surgery - one or two?

sport wrote:
Wed Jun 20, 2018 10:57 am
If something goes wrong, you sure don't want it to affect both eyes.

This.
by Dottie57
Wed Jun 20, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4202

Re: Struggling - Seeking Advice to Get On Track

Like others suggested, if I were you, I'd move Roth IRA to Vanguard or Fidelity and pick 3 low cost index funds to invest in. % of each fund in a portfolio is based on your risk tolerance and years to retirement. We are in our late 30s (spouse is almost 40) and have chosen to have 20% in bond. Why ...
by Dottie57
Wed Jun 20, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: American Funds 401k Advise
Replies: 39
Views: 2327

Re: American Funds 401k Advise

I think it's pretty clear that he has just what he says he has - a Simple IRA that purchases A shares with a front-load. @Kickstart American Funds are good as far as actively managed funds go. The front-load is too bad, but it's still worth receiving the employer match at the very least. Do you hav...
by Dottie57
Tue Jun 19, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 78
Views: 3266

Re: Road trip Pennsylvania,Maryland,and DC

Theres not much in PA...I wouldnt even put it on the list. I live in northeast PA...trust me. Philly is a wreck...pittsburgh is decent but too far away from DC...again, not much to see in pitt. Amish country is lame imo. You'll just want to focus almost all of your attention on DC. We used to live ...
by Dottie57
Tue Jun 19, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: I don't trust my own estimate of expenses
Replies: 29
Views: 2208

Re: I don't trust my own estimate of expenses

For me EVERYTHING is paid through my one checking account. I just pulled 24 months of statements from the bank and summed the debits. Gave a pretty good picture.
by Dottie57
Tue Jun 19, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from alchemists
Replies: 6
Views: 832

Re: Need help from alchemists

Betterself wrote:
Tue Jun 19, 2018 2:41 pm
An arbitrage opportunity from Costco:

https://www.costco.com/14kt-Yellow-Gold ... 20288.html

It contains 2.91 g of gold, or 20% gross margin before sales tax.
I think most jewelry is 100% markup, So this would be pretty good.
by Dottie57
Tue Jun 19, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9736

Re: Messy Divorce -- Forensic Accounting Help....

I am so very sorry to hear of your situation Inever. Be strong and remember when you are going through hell, just keep going. NCIS fan? The show? Never watched it. They use that proverb a lot in that show? I watched an episode last week on Netflix where the phrase was used. I’ve never heard it befo...
by Dottie57
Tue Jun 19, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9736

Re: Messy Divorce -- Forensic Accounting Help....

Thanks guys...we are converging here. If anything is hidden, it is too little too late to worry about. In our state all property is marital property, despite the source or disposition. But I am convinced that the money was dissipated years ago. The one utility of this information is that it is hard...
by Dottie57
Tue Jun 19, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 41
Views: 3512

Re: Why do we need 529?

Ok.. so I see there are 2 good reasons to open 529: -state deductions (if available) -Reduce your income to get financial aid Otherwise, it's always better to max out first your Roth IRA. Limit is high for most people if you use mega-back-door mega back door is often not available. It depends on th...
by Dottie57
Mon Jun 18, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9736

Re: Messy Divorce -- Forensic Accounting Help....

bligh wrote:
Mon Jun 18, 2018 9:10 pm
I am so very sorry to hear of your situation Inever. Be strong and remember when you are going through hell, just keep going.
NCIS fan?
by Dottie57
Mon Jun 18, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9736

Re: Messy Divorce -- Forensic Accounting Help....

Ready3Retire wrote:
Mon Jun 18, 2018 9:13 pm
Very sorry for your situation. Especially the infidelity as it relates to the children. Agree best to get through the process as quick as possible so you can move on.
+1
by Dottie57
Mon Jun 18, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9736

Re: Messy Divorce -- Forensic Accounting Help....

Would taxes for a trust and accounts in it be paid by the trust or the owner of the trust? Does a trust have its own tax id?

Hope there is money to find.
by Dottie57
Mon Jun 18, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3356

Re: Using HELOC to pay off mortgage in 7 years?

I guess I don't follow how this is any better than just occasionally paying an additional $10k towards your mortgage. HELOC interest rate is around 5.5%. Mortgage interest rate is ~4.0%. Why would someone borrow $10k at 5.5% to pay down 4.0%? Is the idea that your paycheck starts "earning" 5.5% as ...
by Dottie57
Mon Jun 18, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 8323

Re: Help Buying Mens Shoes for Work and Dating

Pigeon wrote:
Sun May 27, 2018 9:01 am
I'm a women. I don't know any women who much notice men's shoes. Don't wear anything outrageously dorky and you'll be fine.

I notice if the man is well dressed.

BTW, shoes need to be maintaned. Polish them please.
by Dottie57
Mon Jun 18, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: STAR vs. 3-Fund Portfolio
Replies: 14
Views: 1375

Re: STAR vs. 3-Fund Portfolio

Agree there is nothibg wrong with the Star fund. However, I tend to like composite funds which are understandable when looking at the names of the funds they hold. Lifestrategy funds are comprised of very understandable fund names. In the Star fund I have to look up Windsor ll, Morgan Growth, Explor...
by Dottie57
Mon Jun 18, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: iPad Pro 12.9": Replacement for Laptop?
Replies: 47
Views: 3641

Re: iPad Pro 12.9": Replacement for Laptop?

My laptop and iPad are for different purposes. The iPad is my most personal device. I use t a LOT. Browsing, email, etc. light duty things. The laptop is for more strenuous work. Programming, weaving software, spreadsheets. Anything which is more CPU intensive. For me the small iPad Pro would be bes...
by Dottie57
Mon Jun 18, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7361

Re: I feel like selling my 3 fund

Nooooo! Do not sell. This is your time of life to ride the wave. I doubt very much you will regret it at 60.
by Dottie57
Mon Jun 18, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Diversify within Roth account?
Replies: 14
Views: 935

Re: Diversify within Roth account?

I understand, and do, treat our entire portfolio as one and allocate across the entire portfolio. Currently our Roth accounts hold one fund: FTIPX - Fidelity Total International Index Fund. As I think about adding our 2018 Roth contributions, I love the simplicity of just adding to this one fund. B...
by Dottie57
Mon Jun 18, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9829

Re: Interesting video from Ramsey today

I like the bit between 4:32 - 4:46 :D He sounds like a bully during the first part starting around 4:30. Yes Dave often gets on a "frikin" cycle; I think he can't help himself or perhaps it's his showman ship comming out. I prefer Buffetts gentlemanly message to Dave's truculent rants :D In the vid...
by Dottie57
Mon Jun 18, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 32
Views: 2090

Re: Is individual Bonds better than Bond Fund?

I was watching Suze Orman's show on PBS. She mentioned she do not like bond funds, but opt for individual bonds. Her rationale was that bonds have maturity dates while bond funds do not have. Her concern was in the periods of raising interest rates, why would anyone go on bond funds hevy near retir...