Search found 3267 matches

by Dottie57
Fri May 25, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Lump sum versus annuity - could use your insight.
Replies: 6
Views: 352

Re: Lump sum versus annuity - could use your insight.

The annuity from your workplace is better than what I saw in www.immediateannuities.com.
And 86k is better than a 4% wr from the lump sum amount.

I would break the amount into multiple annuities. And maybe stagger them by 3-5 years.
by Dottie57
Thu May 24, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 52
Views: 3571

Re: I've never budgeted sucessfully

I do it for a week and then don't follow through. Not because I don't want to continue, but because I forget to, or don't have time, or..... I don't want to use Mint, as much as I like it, because it's just another vulnerability having all financial data out there. I agree, setting and checking bud...
by Dottie57
Thu May 24, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 100
Views: 8870

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

I'm sorry, it still does not make sense. I am perfectly fine with stocks dropping 30% because they have the potential to rise 30% the other way. Bonds will never have that potential, which is why I agree with some other posters that a penalty free CD may be a better option. I don't know what the pu...
by Dottie57
Thu May 24, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 100
Views: 8870

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

I mean, is this serious? Why does NAV matter? The reason to invest is to make money. If you started out the year with 100k of VBILX at $11.33 a share. Today, on May 15, 2018 the NAV is $10.85. That means your 100k is now worth 95.76k, or a loss of more than 4k. Let's be generous and say that the yi...
by Dottie57
Thu May 24, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 64
Views: 4115

Re: Renting vs Owning Your Home

Renting is cheaper because apartments are a thing. In your post you're forcing the comparison of "apples to apples" when the whole point is that in real life you're able to choose between buying a house or renting something much smaller. If you run the math of renting the smallest apartment that yo...
by Dottie57
Thu May 24, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 5458

Re: How do I tell if Roth conversions are worth the trouble?

I plan to do Roth conversions from next year until 70. I want to reduce taxable income to lessen taxes on SS.
by Dottie57
Thu May 24, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 60
Views: 9237

Re: How big a portfolio should I have before retiring?

Question How big of a portfolio would you require to feel comfortable retiring? I would require a portfolio of at least 50x (50 times annual income/expenses needed) to begin to feel comfortable in retirement. And even more than that would add to that comfort level. :D Everyone is different. To some...
by Dottie57
Thu May 24, 2018 12:04 am
Forum: Personal Consumer Issues
Topic: Affordable luxury ladies watch?
Replies: 21
Views: 888

Re: Affordable luxury ladies watch?

Sigh....

I remember Timex watches ... Seiko was out of reach for me.
by Dottie57
Wed May 23, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 100
Views: 8870

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

If your investment horizon is over ten years, there is absolutely no reason to own bond funds right now. VBTLX has a 2.64% dividend yield, while VBILX has 2.76%. VTSAX has 1.74%. Why chase the less than 1% difference in yield, when bond funds have fallen so much harder than VTSAX? If you have an in...
by Dottie57
Wed May 23, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I hire a financial adviser?
Replies: 13
Views: 1265

Re: Should I hire a financial adviser?

I expect to be coming into a fairly large inheritance in the near future -- several million dollars. This is a great shock to me, as I have always lived a very modest and frugal life. I am 59 years old. On the one hand, I have been reading a lot about investing over the past half a year in preparat...
by Dottie57
Wed May 23, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: New Trend: Bonds in Roth IRA
Replies: 14
Views: 1920

Re: New Trend: Bonds in Roth IRA

One reason I have some bonds in a Roth is because the particular form of bonds (TIPS) is not available in my other tax-advantaged accounts. Others who have tax-advantaged accounts that may have somewhat restricted offerings, such as employer-sponsored 401k plans or the federal Thrift Savings Plan, ...
by Dottie57
Tue May 22, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 2682

Re: What are downsides of ESPP @ 15% discount ?

Is the company long-term stable and growing? If not, maybe start looking elsewhere for employment. Your long-term security is infinitely more important than a couple of money-making trades a year. If the company is stable and growing, why not hold onto stock you are buying at a minimum of 15% off? ...
by Dottie57
Tue May 22, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Buying a Woman's Tag Heuer On-line
Replies: 38
Views: 1812

Re: Buying a Woman's Tag Heuer On-line

A friend of mine bought a $600 watch through an Amazon affiliate. She found out it was a fake when she took it to a jeweler for a new battery. A lesson learned.
by Dottie57
Tue May 22, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 4622

Re: How do you stop moving the goal posts.

Keep setting goal posts. However, the new goal posts may be more about personal growth, family and friends and experience etc rather than work and accumulating money. You will also need to continue managing your resources so redefine those goals as appropriate for you. I already do goal setting in ...
by Dottie57
Tue May 22, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 90
Views: 7252

Re: Career planning in IT/software development when over 40

I worked as a free lance software developer for 15 years till I mostly retired 3 years ago at age 57. Currently I do a little C# work for an engineering/manufacturing firm. Very part time. I would suggest you really focus hard on the db/Sql arena. Notwithstanding todays "flavor of the week" approac...
by Dottie57
Tue May 22, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Disputed HOA billing
Replies: 21
Views: 1749

Re: Disputed HOA billing

People like to make the HOAs sound evil, but imagine being your neighbors and live next to this pile of "stuff" your tenant left every time they go out of the house. HOAs are evil. In what sort of a world does putting stuff on the street outside your house lead to a foreclosure on your house? The H...
by Dottie57
Tue May 22, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Requesting help deciding between HRA and HSA
Replies: 4
Views: 353

Re: Requesting help deciding between HRA and HSA

HSA is generally better as the money is yours. This is not true of HRA.
by Dottie57
Tue May 22, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 98
Views: 4472

Re: How have you upgraded your wardrobe?

Why are you thinking of upgrading? Do you wear comparable clothing to your peers? How about compared to your management? Do you aspire to rise through the ranks. Your clothing can show your aspirations.
by Dottie57
Mon May 21, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 12
Views: 1321

Re: Investments that are unique *and* sensible?

I quibble with you saying that expected return on SPIA is negative. There is no theoretical basis that says the expected return will be negative. Moreover quotes for today show a very slightly positive expected return. (payment * life expectancy is slightly greater than cost). Is that nominal or re...
by Dottie57
Mon May 21, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2416

Re: Pension and Sociai Security Impact on 4% Rule

I just retired at 61. No pension, SS at 70. So I have 9 years with 100% from my own accounts. I’ll be taking out MORE than 4% for 9 years. After 70, 2% will be taken / spent. Of course RMDs will start at 70.5 and I don’t think I will spend it all. The long and short is that your percent may vary du...
by Dottie57
Mon May 21, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 73
Views: 5139

Re: Finance a $28,000 house for Brother?

Similar prices for 1930s era homes in rural MN towns, where population has declined due to automation of farming. Here’s an example from the town my mom grew up in for $35 that is in decent condition. https://www.edinarealty.com/homes-for-sale/712-Case-Avenue-Montevideo-MN-56265-6030617 Yep. I grew...
by Dottie57
Sun May 20, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 59
Views: 7514

Re: $1,700,000 from family trust...

I am new to the Boglehead forum but after reading quite a lot of the Q&A I believe I am woefully in need of this forums expertise. You are in need of some financial planning expertise. It should consider your overall portfolio including this windfall, should consider your goals both now and in reti...
by Dottie57
Sun May 20, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 59
Views: 7514

Re: $1,700,000 from family trust...

I am new to the Boglehead forum but after reading quite a lot of the Q&A I believe I am woefully in need of this forums expertise. I am to receive (in approx. 60 days) $1,700,000 from my parents trust. My wife and I are both 57 yrs old and plan to continue to work until age 62. I have a small amoun...
by Dottie57
Sat May 19, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 877

Re: Would like to simplify my portfolio. Any thoughts?

Any simplification recommendations would be appreciated! You are duplicating a lot asset classes and risk exposure. I'd probably simplify to something like this: SCHB Schwab US Broad Market ETF 40.00% SLYV SPDR S&P 600 Small Cap Value ETF 30.00% SCHF Schwab International Equity ETF 20.00% SCHZ Schw...
by Dottie57
Sat May 19, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1660

Re: Discontinuity and marginal vs effective rates

Let us start with full social security income for the couple which am assuming $67K. I am now using TaxCaster and I am hoping it is right because I was really shocked with first few lines of having 0 taxes! ss income 67K IRA 1K taxes 0 (the lines below all have constant SS income of 67K) IRA 5K tax...
by Dottie57
Sat May 19, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2416

Re: Pension and Sociai Security Impact on 4% Rule

I just retired at 61. No pension, SS at 70. So I have 9 years with 100% from my own accounts. I’ll be taking out MORE than 4% for 9 years. After 70, 2% will be taken / spent. Of course RMDs will start at 70.5 and I don’t think I will spend it all. The long and short is that your percent may vary du...
by Dottie57
Sat May 19, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2416

Re: Pension and Sociai Security Impact on 4% Rule

I just retired at 61. No pension, SS at 70. So I have 9 years with 100% from my own accounts. I’ll be taking out MORE than 4% for 9 years. After 70, 2% will be taken / spent. Of course RMDs will start at 70.5 and I don’t think I will spend it all. The long and short is that your percent may vary dur...
by Dottie57
Fri May 18, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Light or Dark House
Replies: 4
Views: 780

Re: Light or Dark House

Yes, it has a significant effect on absorption or reflection, but the color and reflectivity of your roof are probably more important as are other factors such as insulation. https://www.nrel.gov/docs/legosti/old/15771.pdf If your house gets hot you might stick with a lighter color and also make su...
by Dottie57
Fri May 18, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 610
Views: 69465

Re: Netflix, Your Current Favorite Show

Right now going to my favorites

The West Wing
by Dottie57
Thu May 17, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Downsizing in 8 years. Buy now?
Replies: 18
Views: 1632

Re: Downsizing in 8 years. Buy now?

Don't buy 8 yrs before you need it. 8 yrs can be a long time.
by Dottie57
Thu May 17, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6564

Re: Mortgage decision killing me

I took 30 year mortgage as risk mitigation. Smaller payment to make if I lost my job. But then I worked hard to pay it off. I finished in 17 years and was very happy.
by Dottie57
Wed May 16, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Large Personal Injury Settlement
Replies: 58
Views: 4889

Re: Large Personal Injury Settlement

Go slower. Reading your replies, you are going too fast. I would stop meeting with the advisor. Do nothing but read and learn for 6 months. Really. As you spend more time here a plan will form. Involving advisors is not in your long term best interest. Even if low fee, they will take control. $3 mi...
by Dottie57
Wed May 16, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for future unbalanced income
Replies: 8
Views: 761

Re: Preparing for future unbalanced income

in the stock market alone I could at least generate a 25% return which I have been doing with personal savings for years. You need to reset your expectations. My best advice to you is to put as much as possible into your 401k/403bs. That is the easiest and most effective way for you to avoid taxati...
by Dottie57
Wed May 16, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Interesting/Playful ideas for 1 year baby
Replies: 37
Views: 1507

Re: Interesting/Playful ideas for 1 year baby

Hi Bogleheads, We generally don't provide any mobile devices or play TV for baby , so seeking advice on interesting, playful activities for 1 year baby. Currently in the evening baby plays with toys, we play with the baby, we read books(she likes listening and turning pages of books), and we take b...
by Dottie57
Wed May 16, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 1743

Re: Why can't you rollover a retirement account into another one that you no longer work at?

1. Only active members of the employer can put money into 401k. Ex employees are no longer active in the plan. 2. Plan may require only money from paycheck can be put into 401k. (Employee - subset of reason 1). Everything is governed by plan documents (look for a copy of your ex-employers plan summa...
by Dottie57
Tue May 15, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9958

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

I'm thinking of: 1. contributing $18.5K to the Traditional 401k account, 2. find out how much the employer match is, and 3. contributing the remaining into a Roth 401K to either. For example if the employer match amounts to $6.5K, then I would be able to put $35K into the Roth 401K account, instead...
by Dottie57
Tue May 15, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Helping someone with Cancer
Replies: 21
Views: 1313

Re: Helping someone with Cancer

Fletch wrote:
Tue May 15, 2018 6:19 am
Be a friend. Listen to her concerns, fears, and aspirations. Visit frequently. Don't pretend that all will be okay when you both know it may not be. Be honest. Prepare for the worst, hope for the best. All this in addition to addressing the physical needs of her and her family.
+1
by Dottie57
Mon May 14, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Must See in South Dakota
Replies: 58
Views: 4049

Re: Must See in South Dakota

A few off the beaten track things I like in South Dakota: 1) Lewis and Clark museum at the rest area on I-90 right at the Missouri River (east bank). 2) South Dakota Air and Space Museum adjoining Ellsworth AFB. One of the best collections outdoors. 3) Storybook Island Park in Rapid City. Great if ...
by Dottie57
Mon May 14, 2018 2:00 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 127
Views: 9003

Re: The front page is ugly

"from the early 1990s" is not actionable criticism. The home page loads fast and adapts well to mobile devices which is invaluable and which a lot of web pages from 2015 don't do. Yes it's bare bones looking but so is craiglist which is in the top 20 of all websites in the US (and has a revenue str...
by Dottie57
Sun May 13, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4682

Re: Anything wrong with too many lots?

Why would you lose the basis on transfer? Isn't it all stored now? Where would it be stored? You end your relationship with the current brokerage and they don't have any obligation to hold information for you. At that point, it is up to you to provide the burden of proof of the basis if/when assets...
by Dottie57
Sun May 13, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6671

Re: Doubling Your Money

OP There is no guarantee of doubling money. My Rollover IRA rolled over from 401k in 1996 rose from 125k to 350k today. Twenty two years. I was invested in front load funds :( . There were large pull backs during this time. No dollars added. Not a great return, but better than a savings account. If ...
by Dottie57
Sun May 13, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: Water leaking from shared wall in condo - next steps?
Replies: 21
Views: 2316

Re: Water leaking from shared wall in condo - next steps?

The leak is probably behind the wet drywall. I’d guess either a drain pipe or supply line is slowly leaking. Only way to diagnose is to hire a plumber. He will rip out some drywall and sort you out. And then you’ll need someone else to come drywall and paint. What fun :-) Personally I’d worry about...
by Dottie57
Sun May 13, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Why do you think long-term care insurance only pays for 2 or 3 years of care? My wife and I have 10 years of benefits we share between the two of us. Most LTCi policies today offer couples anywhere between 10 and 16 years of shared benefits. Two companies offer lifetime/unlimited benefits (e.g. NO ...
by Dottie57
Sun May 13, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: When to claim Social Security: two reasons not to wait
Replies: 68
Views: 11572

Re: When to claim Social Security: two reasons not to wait

The thing that bothers me about most of these “break even” articles and threads is that they do all of their calculations based solely on the size of the Social Security check that you will receive each year. What they do not consider is that the size of your benefit determines how much “tax deferr...
by Dottie57
Sat May 12, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Thinking In Bets
Replies: 22
Views: 2232

Re: Larry Swedroe: Thinking In Bets

http://www.etf.com/sections/index-investor-corner/swedroe-lessons-poker-player?nopaging=1 Larry reviews a book called Thinking In Bets by Annie Duke, a former professional poker player. Larry covers a lot of ground in this discussion: confusing strategy and outcome, alternative histories, hindsight...
by Dottie57
Fri May 11, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance viatical or life settlement instead of long term care insurance?
Replies: 29
Views: 1611

Re: Life insurance viatical or life settlement instead of long term care insurance?

Why do you think long-term care insurance only pays for 2 or 3 years of care? My wife and I have 10 years of benefits we share between the two of us. Most LTCi policies today offer couples anywhere between 10 and 16 years of shared benefits. Two companies offer lifetime/unlimited benefits (e.g. NO ...
by Dottie57
Fri May 11, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 4373

Re: Should I pay cash for a house?

aristotelian wrote:
Fri May 11, 2018 6:32 pm
The odds are close to 100% that investing stocks will beat the interest rate on a mortgage over 15-30 years. For a 30 year old, I would take the mortgage...but you can't really go wrong either way. You could split the difference and take out a mortgage for $150K or so.
+1.
by Dottie57
Fri May 11, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: buying new laptops
Replies: 19
Views: 2040

Re: buying new laptops

lthenderson wrote:
Fri May 11, 2018 8:38 am
I would buy a laptop with a Solid State Drive (SSD).

I would stay away from bargain computer places if I were buying a computer for my business. They are cheap in price and cheap in quality.
+1

Even “high quality” laptops fail. Don’t go cheap in business if you take business seriously.
by Dottie57
Fri May 11, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5369

Re: New Car Suggestions: BMW Crapping Out

Sasquatch wrote:
Fri May 11, 2018 12:56 am
Toyota/Lexus make a excellent product. I agree with you on the Highlander. Roomy, comfortable ride.
I am on my 3rd Toyota. They work well. You might enjoy.
by Dottie57
Thu May 10, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice from Pension Fund Manager - Should I listen?
Replies: 39
Views: 1706

Re: Investment Advice from Pension Fund Manager - Should I listen?

I am at 50/50 stock/bond allocation 30% of stock is international.. I intend to keep this allocation because I have to support myself from investments for 7-9 years. I want fairly steady funding Of my life during that time. For those who will retire in 20-30 years, review your allocations , but most...