Search found 2349 matches

by Dottie57
Tue Dec 12, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 73
Views: 5134

Re: What to do after losing $117k in stock market?

As others have said-no more gabling with individual stocks. Put money into target retirement funds.

Stop looking for easy street. Slow and steady works.
by Dottie57
Mon Dec 11, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: Ancestry / 23andMe
Replies: 41
Views: 2254

Re: Ancestry / 23andMe

I have done both. Am glad I did. 23and me was very interesting but I think ancestry is better for geneology. I had some surprises. Way back when, it looks like my Dad's family acquired Native American blood. My mom's family came fron Prussia, but there is also some Scandinavian too - from around the...
by Dottie57
Mon Dec 11, 2017 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 28
Views: 1551

Re: Early Retirement - Lump Sum vs. Annuity

rkhusky wrote:
Mon Dec 11, 2017 6:59 pm
See what this site gives you: https://www.immediateannuities.com/

$4224 for joint annuity at the amount of pension. Pretty comparable to 100% joint pension.
by Dottie57
Mon Dec 11, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 59
Views: 4349

Re: 2018 financial goals - what are yours?

Make a lot of money. Either pay off my student loans (100k at 2.6%) or put the money in my taxable brokerage account. If the stock market crashes, I will definitely start pouring money into buying shares and hold off on paying down debt. We will also max both 401ks, Both backdoor Roths, and the HSA...
by Dottie57
Mon Dec 11, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 53
Views: 3720

Re: Year end review with less nerdy spouse

cheesepep wrote:
Mon Dec 11, 2017 7:46 pm
PPT slides in a family? Uh, no!
+1
by Dottie57
Mon Dec 11, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 70
Views: 5579

Re: Done gone and did it

Congratulations you lucky lemon!
by Dottie57
Mon Dec 11, 2017 7:29 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 8
Views: 827

Re: RMD and Roth IRA conversions

You are doing a conversion when moving money between the two. Mve the money directly from ira to roth ira. It is reported on taxes differently too.

Yes it is a way of controllng Rmd amounts.
by Dottie57
Sun Dec 10, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 59
Views: 4349

Re: 2018 financial goals - what are yours?

Max 401k and Roth ira.
Save extra $500 each month.

Figure out retirement age. Am nearly 61. The current politixal environment is driving me crazy.
by Dottie57
Sun Dec 10, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3761

Re: Buying index funds is just as speculative as buying Bitcoin

When I can go to the grocery store and buy bread, milk vegetables, etc I will believe in bitcoin. Right now U.S. currency is what I need.
by Dottie57
Sun Dec 10, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Mom - Retiring, Windfall, Edward Jones
Replies: 9
Views: 1873

Re: Help for Mom - Retiring, Windfall, Edward Jones

So I had assumed that annuitizing some of her assets (if that's a real verb) would be an ideal way to give her a baseline fixed income. This is because her small pension and SS income will cover less than half her expenses and also because most of her money is in taxable accounts. But after looking...
by Dottie57
Sun Dec 10, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5566

Re: Does this happen to you? Educating friends about personal finance

Whenever one of the young guys at work had their first child, I would politely suggest to them that they start saving for college immediately. They were always receptive to my advice. Then there were a couple of guys in their 40s who each had multiple teenagers. They asked me when I started saving ...
by Dottie57
Sun Dec 10, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10261

Re: Save all this money, what do you splurge on?

If I have the money I will buy 1) new weaving loom 2) 2 month vacation outside of Minnesota during jan/feb months. I have an old friend in Minnesota. Brrrrrr. I feel like a cheapskate reading this thread. I thought I was splurging finding shoes that fit and underwear that doesn't scratch. :shock: j...
by Dottie57
Sun Dec 10, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall of 1.5 millions
Replies: 10
Views: 2034

Re: Windfall of 1.5 millions

I consider myself self conservative in investing. I am at 50/50 asset allocation. Room for safety and growth.

I use intermediate bond funds, cash, and if I had more money, I would purchase 10k ibonds each year.
by Dottie57
Sun Dec 10, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5566

Re: Does this happen to you? Educating friends about personal finance

Whenever one of the young guys at work had their first child, I would politely suggest to them that they start saving for college immediately. They were always receptive to my advice. Then there were a couple of guys in their 40s who each had multiple teenagers. They asked me when I started saving ...
by Dottie57
Sat Dec 09, 2017 10:55 pm
Forum: Personal Consumer Issues
Topic: Cheap outdoor floor covering?
Replies: 6
Views: 620

Re: Cheap outdoor floor covering?

These tiles look really cool.

https://www.flor.com
by Dottie57
Sat Dec 09, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10261

Re: Save all this money, what do you splurge on?

2) My next coffee upgrade is probably home roasting of coffee bean. Ive been considering that also. One other, non-splurge (I.e., inexpensive) coffee things I’ve recently started is Third Wave Water, available on Amazon. Take a gallon of distilled water, add a packet of minerals, and the coffee is ...
by Dottie57
Sat Dec 09, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10261

Re: Save all this money, what do you splurge on?

If I have the money I will buy
1) new weaving loom
2) 2 month vacation outside of Minnesota during jan/feb months.
by Dottie57
Sat Dec 09, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 40
Views: 2262

Re: Espresso Machine suggestions?

Nespresso machine. sale priced. now at nespresso.com. They use capsules like a keurig. Capsules are expensive , but less than store bought latte. I bought it to make latte's but have come to prefer the espresso! Avoid Nespresso. If you drink regularly, the cost of capsules will exceed cost of expen...
by Dottie57
Sat Dec 09, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advise for my parents
Replies: 14
Views: 1254

Re: Windfall advise for my parents

Intermediate or short term TIPs funds. Look for banks or credit unions with higher CD rates. Maybe purchase 10k each of ibonds each year. Or Intermediate bonds fund. I know many here hate annuities, but using 100 or 200kin a joint SPIA would give some nice income. The rest could be in a more aggress...
by Dottie57
Sat Dec 09, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 40
Views: 2262

Re: Espresso Machine suggestions?

Nespresso machine. Now at nespresso.com. They use capsules like a keurig. Capsules are expensive , but less than store bought latte. I bought it to make latte's but have come to prefer the espresso!
by Dottie57
Sat Dec 09, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 2942

Re: 2000-09 worst decade for large cap stocks in 109 years

It certainly answers why my 401k didn't do that well. Of course the financial crisis did not help. Nor did the recession earlier in the decade. :beer
by Dottie57
Sat Dec 09, 2017 9:51 am
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 17
Views: 1560

Re: Holiday thanks to Bogleheads. How have they helped you?

I thank Bogleheads for helping me find the courage to fire my advisor and realize I can handle my accounts by myself. Also thankful for 1) additional information on bonds. 2) how to calculate retirement expenses - what is included. 3) taxation of SS 4) tax planning 5). Sequence of events 6) don't ju...
by Dottie57
Sat Dec 09, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5566

Re: Does this happen to you? Educating friends about personal finance

Don't educate unless they ask. Even then be careful who of what you say. Maybe recommend books.
by Dottie57
Sat Dec 09, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Pay down loans or invest
Replies: 14
Views: 1054

Re: Pay down loans or invest

I personally would pay down loans. But this is not an either/or decisions. You can do both . You can decide to live a less expensive life and apply the difference to both or just one. Your decision as to where your money goes.

Good luck.
by Dottie57
Fri Dec 08, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3347

Re: Good enough for cows, good enough for you

FraggleRock wrote:
Fri Dec 08, 2017 11:08 am
http://www.bagbalm.com

Image
I lather this on my hands at night and put cotton gloves on . Heals my hands right up after a few days up to a week.
by Dottie57
Fri Dec 08, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6066

Re: "Financial Shock" wealth

I could buy a new car if I needed to without going into debt. So I feel quite well off. Not feeling smug as I inherited the savings gene from my family. Never was a big spender -even as a kid. I've been lucky with 401k plans. Fairly good and lower ER. I kind of stumbled into being prepared for retir...
by Dottie57
Fri Dec 08, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Need a history atlas or book of maps
Replies: 7
Views: 422

Re: Need a history atlas or book of maps

If you have some type of tablet, look for something like "history maps". In the tablet's app store. I found one in the ios app store.
by Dottie57
Fri Dec 08, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3726

Re: Does a Boglehead ever time the market?

I time the market...in the sense that at the 1st of every month I put money in taxable investments and my roth ira. Thats my timing. +1 This. I've been through some roughtimes. 1997, early 2000's and 2008/2009. Yet. i have enough to retire. No market timing because for much of the time I did not ha...
by Dottie57
Thu Dec 07, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5310

Re: What do Bogleheads say when they don't want to spend money?

This is probably a tangential issue, but what do you say when someone really wants you to spend your money, and you don't want to? IOW, when you're talking to a salesperson? Years ago a nice woman came to my door and tried to sell me new windows for my house. The house definitely could've used new ...
by Dottie57
Thu Dec 07, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: LMP until Social Security at 70
Replies: 10
Views: 889

Re: LMP until Social Security at 70

I'm nearing 62 and getting ready to retire. I want to have my living expenses covered (about 60 grand a year) until I turn 70 and apply for social security. I have a 5 year CD ladder to cover my first 5 years of retirement. For the remaining 3 years I have now a Vanguard IRA short term bond fund. S...
by Dottie57
Wed Dec 06, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3818

Re: First post from this retiree with questions - my daughter sent me here!

I calculate you can probably spend withdraw $2,500 per month for the rest of your life from your retirement accounts. Would $2,000 plus the monthly income you receive provide a nice retirement for you? If so, you are in good shape. How did you calculate $30k per year from retirement accounts of $46...
by Dottie57
Wed Dec 06, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 149
Views: 8280

Re: Do people still use AAA?

1) Do you still have AAA? Yes. And we used them in 2016. Due to "operator error" we drained the battery on our car overnight while camping on the eclipse path in Nebraska, and sheepishly called AAA, which took care of us. The location was remote enough that the truck actually came from Iowa. 2) Is ...
by Dottie57
Tue Dec 05, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Parents Retirement
Replies: 13
Views: 1761

Re: Parents Retirement

David Jay wrote:
Tue Dec 05, 2017 12:40 pm
Dottie57 wrote:
Tue Dec 05, 2017 7:57 am
An annuity at 63/64. would pay about $600k a month for $150k
I'm in! :wink:
Oops! I wish.
by Dottie57
Tue Dec 05, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Need help choosing bond funds in my wife's 401k
Replies: 6
Views: 408

Re: Need help choosing bond funds in my wife's 401k

So we were re-balancing our 401ks (going to 20% bonds from 10%), but my wife's bond options aren't the best (i.e. lack index funds) and I'm not sure how to proceed. Here are the options: Fidelity® Strategic Income Fund (FSICX): ER .7 This has shockingly high returns for a bond fund, looks like it i...
by Dottie57
Tue Dec 05, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 56
Views: 4949

Re: Dad Needs Help Buying Wedding Liquor

I don't want to be negative so disregard if you want.

Why a five hour open bar? From what I have seen many people drink way too much and are a liability on the road after open bars. Just be careful. Don't let them drive drunk.
by Dottie57
Tue Dec 05, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: Dodge & Cox Income
Replies: 5
Views: 917

Re: Dodge & Cox Income

Do any bogleheads prefer this bond fund to Total Bond or Intermediate Bond Index? A morningstar article seemed to prefer it due to duration risk. I have Dodge and Cox income in my 401k. It has done quite well by me. It was fine during 2008 financial crisis. However I didn't buy it in my IRA because...
by Dottie57
Tue Dec 05, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund
Replies: 36
Views: 3105

Re: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund

I would ask the friend what his goals are and how much income he wants to generate. You could ask him how his portfolio will generate that amount of income. I think the key is to get the wheels turning and thought process going.

Actually thinking about this stuff may make him reconsider.
by Dottie57
Tue Dec 05, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Parents Retirement
Replies: 13
Views: 1761

Re: Parents Retirement

Don''t buy an annuity until age 70 or better yet age 75. The amount paid will give bigger benefits.

I think they should keep working to get higher Ss benefits.

An annuity at 63/64. would pay about $600. a month for $150k
At 74/75 you get 800 plus.


***** error corrected. *****
by Dottie57
Mon Dec 04, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: How my FIL saved for college
Replies: 13
Views: 1706

Re: How my FIL saved for college

Wow! Does that mean bank interest rates and stock returns were also abnormally high in order to make that kind of borrowing rate seem normal? The "other side" of these very high interest rate return days was... very high interest rate mortgages. In the very early '80's, my first mortgage was 17.5%....
by Dottie57
Mon Dec 04, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 5703

Re: It's that time of year again... buying christmas gifts

The one gift I love to give goes to my mom. I buy her Harry and David's light fruit of the month club package. I sometimes worry about what she is eating so Giving her fruit (which she loves) seems a good year long gift. For rest my of family I spend about $30 each. There are two very good friends I...
by Dottie57
Mon Dec 04, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation across accounts: Twist?
Replies: 23
Views: 1254

Re: Asset allocation across accounts: Twist?

I've put all stock in taxable in order to be tax efficient.

Roth has mostly stock but some bonds since I want the asset that will most like grow (tax free) to be in this account.

My ira and 401k have both bonds and stocks and also majority of my holdings.
by Dottie57
Sun Dec 03, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Just downsized at age 60...input appreciated
Replies: 29
Views: 3572

Re: Just downsized at age 60...input appreciated

You are correct. Use the three / four fund portfolio in percentages you are comfortable with.

No advisor knows the future with precision. DIY.

You would end up paying 20k per year for advisor's AUM fee.
by Dottie57
Sun Dec 03, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 108
Views: 8295

Re: When & how much to donate?

I donate through work. It is as easy as setting up 401k. This way I don't have tokeep deciding what to givemoney to throughout my he year.
by Dottie57
Sun Dec 03, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: retirement age and life span
Replies: 16
Views: 1163

Re: retiirement age and life span

I don't believe the data either.
by Dottie57
Sat Dec 02, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1540

Re: Help me Help mom

I've been thinking about this a bit more. Do you know how much she currently receives in bonds and dividends and interest? Tax forms should tell the story. I think I would make it as easy for yourself as possible. Connvert the IRA's to Roth over the next 3-5 years so no taxes are due as mother ages...
by Dottie57
Sat Dec 02, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1540

Re: Help me Help mom

I've been thinking about this a bit more. Do you know how much she currently receives in bonds and dividends and interest? Tax forms should tell the story. I think I would make it as easy for yourself as possible. Connvert the IRA's to Roth over the next 3-5 years so no taxes are due as mother ages....
by Dottie57
Sat Dec 02, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1540

Re: Help me Help mom

She has quite a bit of assets. At 70. I might buy her a very nice SPIA to generate income. How much does she spend each year? Dottie, I was hoping you might respond. I have appreciated your perspective in other posts. As far as I can tell, roughly $30k per year. Her car has 30k miles on it, so it s...
by Dottie57
Sat Dec 02, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1540

Re: Help me Help mom

She has quite a bit of assets.

At 70. I might buy her a very nice SPIA to generate income.

How much does she spend each year?