Search found 12 matches

by Catalina34
Tue Apr 09, 2019 2:53 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisor Services
Replies: 40
Views: 9363

Re: Vanguard Personal Advisor Services

As my investments have grown more complex and I am close to retirement I went ahead and hired VPA. One big thing they helped me with is building an awareness of tax implications, roth conversions and they helped me set up all of my beneficiaries. They have been a big help to me and I am willing to p...
by Catalina34
Tue Apr 09, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 140
Views: 10532

Re: fun car advice

I have a 1978 Datsun 280Z. I bought it for $3,000, spent $12,000 restoring it and bored the motor out. It is fast, fun and simple. It can hold it's own against the modern cars once the heavy bumpers were removed. It is reliable and easy to get fixed if something does go wrong.
by Catalina34
Thu Oct 04, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 53
Views: 10567

Re: Real estate vs stock market returns: some unbiased numbers

Texas had a real estate bubble in the early 80's. The bubble burst, and home prices have just now rebounded to where they were. I bought several cheap houses that were in foreclosure. I ended up with 5 houses all in one area, and rented them out. It turned in to a busy part time job keeping them mai...
by Catalina34
Mon Feb 05, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 25251

Re: For BHs who actually like cars - [what car do you drive every day?]

1978 Datsun 280Z. Copper colored with AC.

I have a Honda CRV for chores
by Catalina34
Tue May 02, 2017 1:46 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 42856

Re: Where to Live on $60K or Less a Year?

San Angelo Texas is nice.
by Catalina34
Mon Mar 27, 2017 9:15 am
Forum: Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 9716

Re: Weathering sell-off days like today

In 2008 when the markets dropped really hard and really fast, we quit looking at our accounts. Just stopped because it was so upsetting. My new mantra- Sell when you are happy and buy when you are sad. Using a diversified portfolio with Vanguard index funds I let them do the rebalancing and I don't ...
by Catalina34
Fri Mar 17, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Texas Teachers Retirement too good to be true?
Replies: 39
Views: 8604

Re: Texas Teachers Retirement too good to be true?

Moody's has an article on the retirement plan. It is significantly underfunded and is facing a funding crisis. Moody’s said the unfunded liability for the Teachers Retirement System, the state’s largest public pension with more than a million members, is slated to grow by 10 percent by 2019 absent i...
by Catalina34
Wed Mar 08, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to make it easier for spouse upon death
Replies: 91
Views: 14917

Re: How to make it easier for spouse upon death

My wife died at age of 52. I was the beneficiary of her retirement plan and had all of the data ready. It was at Fidelity. When I applied to assume the money, they advised me and I rolled it into an IRA in my name. I did not know that once that is done you have "reset" the fund and cannot ...
by Catalina34
Tue Mar 07, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Steps to take now before family member's imminent death
Replies: 24
Views: 4249

Re: Steps to take now before family member's imminent death

Check to make sure all monthly bills are accessible. When my wife died I had handled the big stuff well, house, investments, etc. but I did not have the monthly bils in both names. I had a bad time in getting the cell phone and apple accounts moved.
by Catalina34
Tue Mar 07, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Seeking wisdom around saving, living, and housing.
Replies: 22
Views: 2673

Re: Seeking wisdom around saving, living, and housing.

My wife and I were careful savers. We stayed out of debt and lived below our means. We went on cheap low cost vacations driving to places instead of flying, cheap rentals, etc. We lived that way with our kids and thought we were teaching them an important lesson by example. We even fixed it so they ...
by Catalina34
Fri Mar 03, 2017 4:41 pm
Forum: Personal Investments
Topic: Ever dip your feet into individual stocks?
Replies: 63
Views: 5796

Re: Ever dip your feet into individual stocks?

I did this a lot in 2009, using 10 -$1,000 increments and buying what I thought was low priced stock- Ford, Airlines, etc. It paid off big with many winners and a few losers, but when I add it all in with expenses I could have done as well in an index fund without the daily churn of wondering how th...
by Catalina34
Fri Mar 03, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: SS survivor benefits
Replies: 2
Views: 628

SS survivor benefits

My wife passed away 2 years ago. I think I can file for SS survivor benefits at age 60 at a reduced amount and retire early. I could then hold of filing my SS benefit until I am 70 and use the money to pay for health insurance when I am 60-65. I have enough savings to live off of a 4% annual draw, a...