Search found 3370 matches

by Dottie57
Wed Jun 20, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid Compliant 5 Year SPIA
Replies: 2
Views: 109

Re: Medicaid Compliant 5 Year SPIA

adamthesmythe wrote:
Wed Jun 20, 2018 12:18 pm
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
by Dottie57
Wed Jun 20, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 19
Views: 387

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: 22
Views: 646

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: 21
Views: 384

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: 21
Views: 384

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: 26
Views: 1382

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: 24
Views: 1380

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: 64
Views: 2323

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: 24
Views: 1531

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: 758

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: 9380

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: 9380

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: 39
Views: 3168

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: 9380

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: 9380

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: 9380

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: 3326

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: 94
Views: 7911

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: 1358

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: 39
Views: 2792

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: 56
Views: 6994

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: 921

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: 9766

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: 20
Views: 1216

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...
by Dottie57
Mon Jun 18, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5086

Re: Young and rich

Why don’t you put your money into a 50/50 or 60/40 allcation until your first bear market? See how you react to a large loss. Then reset your allocation if you feel your allocation is too conservative.
by Dottie57
Sun Jun 17, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 58
Views: 4424

Re: how to make friends in new location?

Does you wife work outside the home? Meeting people there will help - for the socialization.

Crafting groups? Photography? Gardening club. Volunteer at the library. If there are lakes around, there may be sailing groups. Nature center volunteer? Birding?
by Dottie57
Sun Jun 17, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 149
Views: 6721

Re: Which Supermarket are you?

Local chain a mile from me. Sometimes whole foods. I intend to look in at Aldi’s soon. And of course the local farmers market. I live in an inner ring suburb and have many options. I shop for convenience and great looking produce. I am single, not mch storage somCostco is out. Walmart is not my cup ...
by Dottie57
Sun Jun 17, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: Cosmetic Question about teeth
Replies: 9
Views: 1236

Re: Cosmetic Question about teeth

I have a friend whose enamel was ruined by whitening. Go to a professional to get whitening.

She ened up getting porcelain fronts to her front teeth (cemented on).
by Dottie57
Sun Jun 17, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 91
Views: 6480

Re: How much (green) cash at home for emergency ?

UpperNwGuy wrote:
Sun Jun 17, 2018 5:35 pm
I keep from $100 to $400 in cash. When the amount drops below $100, I replenish it with $300 from the ATM, and that's about once every six weeks. I can't think why I would need more cash, even in an emergency. I rarely use cash.
This s pretty much what I do.
by Dottie57
Sun Jun 17, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2254

Re: Role of Annuity For Savers Who have 20+ years until Retirement

So many comments and all of them wrong. 1) The one-time commission is 4% to 5% depending on age. Since the annuity is intended to produce a lifetime income, this typically works out to an equivalent charge of 0.20%-0.35% a year - much less expensive than any investment advisor fees. 2) The annuity ...
by Dottie57
Sun Jun 17, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 22
Views: 1566

Re: Has Anyone Tried Youtube TV?

retiredbuthappy wrote:
Sun Jun 17, 2018 3:07 pm
No one has mentioned PBS. Nova, Nature, Newshour have been important to us besides MSNBC and CNN. Seems there's no solution to keeping cable?
RbH
I want those too.
by Dottie57
Sun Jun 17, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8156

Re: Very confused with the current market

Tycoon wrote:
Sun Jun 17, 2018 3:01 pm
capcase wrote:
Sun Jun 17, 2018 2:57 pm
It is the law of capital ism: sheep shearing

If everyone makes money, the market won't survive.
What?
Ditto.
by Dottie57
Sun Jun 17, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Lost job. Take early SS or draw from accounts?
Replies: 54
Views: 5742

Re: Lost job. Take early SS or draw from accounts?

The company where my friend works is going out of business. She will look for a new job, but based on her age and lack of mobility (barely ambulatory with a walker), I think she will have difficulties. She is not eligible for disability but is eligible for unemployment at $405/week for 26 weeks. Ag...
by Dottie57
Sun Jun 17, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Why is risk adjusted return important?
Replies: 35
Views: 2472

Re: Why is risk adjusted return important?

Really basic question here. How do you determine the risk adjustedreturn of a fund? P.S. inestopedia gives the following. https://www.investopedia.com/terms/r/riskadjustedreturn.asp Possibly this method is corresponds best to the idea of "What return would I have if the risk were the same as someth...
by Dottie57
Sun Jun 17, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Why is risk adjusted return important?
Replies: 35
Views: 2472

Re: Why is risk adjusted return important?

8-) n:sharebeer j You have, or should have, some idea of how much risk you are willing to take. There ought to be some limit. Risk should be factoring into your decision in some way. Surely, you would not invest in a stock market fund with a fluctuating return averaging 10%, if you could get riskles...
by Dottie57
Sun Jun 17, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1969

Re: Can we afford to drop our 401k contributions to pay for college?

Just looking at the thread title and not the issue of work stoppage: We had my spouse borrow from her 401(k) and used the money to contribute to a 529 plan. The 401(k) loan was a good deal and kept the 401(k) "space" available. I suppose that one could borrow from one spouse's 401(k) in order to co...
by Dottie57
Sat Jun 16, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Take a job with a company being acquired?
Replies: 16
Views: 1383

Re: Take a job with a company being acquired?

I wouldn’t take it. The company I worked for bought a larger competitor. Merger politics continued for 10 years. Many, many people from the acquired company were let go. Be careful.
by Dottie57
Sat Jun 16, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 15964

Re: Should I take possession of a certified mail?

In an amazing coincidence, I happened to be at the post office when OP went to collect his certified mail yesterday. He didn't have time to post, but it turns out the contractor sent him an invitation to the prosperity club through certified mail. Yes, the classic chain letter from 1935! It turns o...
by Dottie57
Sat Jun 16, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Reset - Best Strategy to (Re)Organize?
Replies: 7
Views: 1154

Re: Retirement Reset - Best Strategy to (Re)Organize?

@livesoft Boom! Done. Love it. ;) Am not familiar with that fund, so will look into it. One key component I want to add, though, is a non-tax-advantaged account to help me cover costs if I can (I hope) retire before I'm of age to tap into my retirement accounts. Sounds like the fund you mentioned w...
by Dottie57
Fri Jun 15, 2018 9:12 pm
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 38
Views: 2561

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "c...
by Dottie57
Fri Jun 15, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2295

Re: $75,000 bonus - help me with my plan

Still don’t understand why the lower interest rate loan is being suggested as the first priority. Isn’t mortgage interest deductible too whereas auto interest is non-deductible? mortgage interest only deductible to the extent that itemized deductions exceed the standard deduction which is now $24,0...
by Dottie57
Fri Jun 15, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Personal finance HELP
Replies: 19
Views: 1284

Re: Personal finance HELP

Big5 wrote:
Fri Jun 15, 2018 7:27 pm
BAH sorry mistype. medi-SHARE
So it is a faith based plan of some sort?
by Dottie57
Fri Jun 15, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15855

Re: Life in retirement - what did you do today?

Nursing a summer cold today. Working on a spreadsheet of investments. Want to learn more about spreadsheets. Earlier this week: I’ve become my mom’s Uber driver. So there was a medical appt earlier in the week Afterward we went to a local garden store which has a cafe and had lunch. Since there is a...
by Dottie57
Fri Jun 15, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3340

Re: Too much house vs. just enough

We have a 4 bedroom and we love having the space. We have a son and daughter so they can each have their own room, and no one gets displaced when my parents visit. It doubles as a home office and may soon House my FIL full time. It has given us so much flexibility. FIL/MIL is the best reason to hav...
by Dottie57
Fri Jun 15, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 66
Views: 2536

Re: Job in MA, live in MA, RI, or CT?

HueyLD wrote:
Fri Jun 15, 2018 12:18 pm
B4Xt3r wrote:
Fri Jun 15, 2018 11:35 am
I find little value in the services that government offers and thus wish to keep the most of my paycheck as I can.
What does that mean? Could you please elaborate?

+1
by Dottie57
Fri Jun 15, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Apple MacBook Air On Sale $699
Replies: 41
Views: 3899

Re: Apple MacBook Air On Sale $699

There have been several questions about new computers on here recently and I found this great deal today. Not sure if its just for the day but the savings is decent for a computer that is supposed to last a while (I hope!...it'll be my first Mac :) https://www.bestbuy.com/site/apple-macbook-air-13-...
by Dottie57
Fri Jun 15, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: A great father's day gift
Replies: 19
Views: 3382

Re: A great father's day gift

Slightly different view. My parents never had explicit talks with us kids. However they did talk finances / bills over the dinner table. We learned from example. My only point is that kids absorb life lessons in many ways.

OP - happy father’s day. You did your work well!
by Dottie57
Thu Jun 14, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 29
Views: 2394

Re: Vanguard Managed Payout Fund

Sandtrap wrote:
Thu Jun 14, 2018 7:33 pm
If you are seriously considering the Vanguard Managed Payout Fund, also look into SPIA's at "ImmediateAnnuity.com" to compare rates. This gives a different perspective.
j
+1
by Dottie57
Thu Jun 14, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3544

Re: Non-alcoholic drinks for wedding

Perhaps something along these lines?: https://www.southernplate.com/wedding-anniversary-punch/ Or a make-your-own rootbeer float station, with various brands of the soda and some differing icecream selections, might be good fun. In my grandparents' non-alcoholic household, the usual New Year's Eve ...
by Dottie57
Wed Jun 13, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Learning how to fix/repair things
Replies: 29
Views: 2190

Re: Learning how to fix/repair things

WhyNotUs wrote:
Wed Jun 13, 2018 4:09 pm
Youtube is better than most books. Look for better production quality and good comments to streamline selection.
Youtube plus the books works for me..