Search found 18 matches

by Milo953
Sun May 27, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 104
Views: 16177

Peloton spin bike worth the high cost?

I’m considering buying a Peloton spin bike with the monthly subscription for web cast classes. The cost is around $3,000 with all the bells and whistles. If you have the bike, are you enjoying it as much as you thought you would? Regrets?
Thanks,
Laura
by Milo953
Sun May 20, 2018 3:53 pm
Forum: Personal Investments
Topic: Need Help Deciding Between Non-Matching 403(b) and a Roth IRA
Replies: 30
Views: 2178

Re: Need Help Deciding Between Non-Matching 403(b) and a Roth IRA

Can’t say enough bad things about AXA. They are vultures preying on our school teachers who work hard for their money and don’t deserve to be scammed. Thank goodness you have the knowledge to stay away. For other teachers out there who are not as fortunate to have Vangaurd or Fidelity, look into Sec...
by Milo953
Tue Mar 06, 2018 6:53 pm
Forum: Personal Investments
Topic: Confused with taxable account AA
Replies: 16
Views: 1317

Re: Confused with taxable account AA

Thanks everyone! Paul- I agree, I need some bonds in taxable. What percent allocation? Which bond fund ? It doesn’t need to be the same 40% of my AA. I could have a lower percentage in the taxable and higher in the IRA to balance it out to 40%. 2018 federal tax rate 22%, State tax -Washington state ...
by Milo953
Tue Mar 06, 2018 6:16 pm
Forum: Personal Investments
Topic: Confused with taxable account AA
Replies: 16
Views: 1317

Re: Confused with taxable account AA

2018 federal tax rate 22%,
State tax -Washington state 0% (Jan-july) California 8% (aug-dec)
by Milo953
Tue Mar 06, 2018 5:35 pm
Forum: Personal Investments
Topic: Confused with taxable account AA
Replies: 16
Views: 1317

Re: Confused with taxable account AA

Here's my numbers- Emergency funds- six months (separate from portfolio) Debt: none, mortgage paid off Tax filing status - single Tax Rate: State of Residence- Washington Age:53 Income:$43,000 fixed pension Health insurance through pension $275/month Desired Asset allocation: 60% stocks 40% bonds De...
by Milo953
Tue Mar 06, 2018 4:59 pm
Forum: Personal Investments
Topic: Confused with taxable account AA
Replies: 16
Views: 1317

Confused with taxable account AA

Hi Everyone, I’m retired early at 53 and need to pull 1,500 each month from my taxable account for living expenses until I reach 59.5. I’m in the process of moving all my accounts to Vanguard. Being that I can’t access my tax deferred account for a few years I think I need to put some bond funds in ...
by Milo953
Wed Feb 28, 2018 8:31 pm
Forum: Personal Investments
Topic: Safety or stocks for house down payment fund?
Replies: 15
Views: 1335

Re: Safety or stocks for house down payment fund?

Thanks everyone. Daughter has decided to go with a cd ladder. Is a 1,2 and 3 year set the best bet or just put all of it in a 1 year cd?
by Milo953
Wed Feb 28, 2018 7:33 pm
Forum: Personal Investments
Topic: Safety or stocks for house down payment fund?
Replies: 15
Views: 1335

Re: Safety or stocks for house down payment fund?

I think it’s a firm 7 years unless something drastic happens.
A cd ladder?
Intermediate bond fund?
by Milo953
Wed Feb 28, 2018 6:49 pm
Forum: Personal Investments
Topic: Safety or stocks for house down payment fund?
Replies: 15
Views: 1335

Safety or stocks for house down payment fund?

Hi everyone- My daughter inherited 15,000 that she is going to save for a down payment on a house. Her husband is in the military so they won’t settle down for another 7 years. She would like something safe but her husband wants all an all equity investment. He is new to investing and has only exper...
by Milo953
Thu Jan 25, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Shall I buy LTC - fixed premium universal life insurance?
Replies: 30
Views: 2309

Re: Shall I buy LTC - fixed premium universal life insurance?

My 86 year old aunt is a perfect example of someone who has benifited enormously from her LTC insurance. About 5 years ago she had a stroke that left her bedbound and cognitively impaired. Surprisingly, her overall health is stable and she may live for another 10 years or more. Her monthly nursing h...
by Milo953
Mon Jan 22, 2018 11:53 am
Forum: Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 13435

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

Thanks everyone for the excellent advice. I’m so glad to find out I have mistaken the price of the shares with the total return (including dividends). I will definitely stay the course, and stop peaking all the time !
by Milo953
Mon Jan 22, 2018 3:34 am
Forum: Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 13435

Ready to give up on bond fund, Lost 2.25% past 6 months

Novice here. I have small part of my retirement portfolio in the bond fund of SWAGX, an intermediate bond fund from Schwab. It’s been losing money ever since I bought it 6 months ago. I want to just give up and invest in a 2% cd at synchrony instead. I thought bonds were supposed to be the stablizin...
by Milo953
Fri Jan 05, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: better to buy home with cash or rent ?
Replies: 6
Views: 838

Re: better to buy home with cash or rent ?

More info-
I plan on living in the home for at least 5 years.
Thank you Ron Scott, the NYT interactive article is very helpful.
by Milo953
Fri Jan 05, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: better to buy home with cash or rent ?
Replies: 6
Views: 838

better to buy home with cash or rent ?

I have paid off my home but now will be relocating. I always assumed I would buy a replacement home with the cash from the sale of my first home. Now I am thinking if it would be better to invest the proceeds and rent? About me- 52 y.o. Retired AA preference 40% bonds/60% stocks Own home $525,000 Li...
by Milo953
Wed Jul 12, 2017 9:56 pm
Forum: Personal Investments
Topic: I inherited an IRA and small windfall, what to do now ?
Replies: 6
Views: 1206

Re: I inherited an IRA and small windfall, what to do now ?

Thank you Duckie, I have been studying your response, so much good info. I plan on going with plan1.
All the best,
Laura
by Milo953
Mon Jul 10, 2017 3:00 pm
Forum: Personal Investments
Topic: I inherited an IRA and small windfall, what to do now ?
Replies: 6
Views: 1206

Re: I inherited an IRA and small windfall, what to do now ?

Thanks so much for the thoughtful feedback Duckie! I am receiving my pension now. Can you explain the advantage of rolling my 403b into an IRA ? The "D.C. Plan " is part of my 403b, just has a weird title. I didn't really need to list it separately as it functions exactly like the 403b. I will look ...
by Milo953
Sat Jul 08, 2017 8:57 pm
Forum: Personal Investments
Topic: I inherited an IRA and small windfall, what to do now ?
Replies: 6
Views: 1206

I inherited an IRA and small windfall, what to do now ?

Hi Bogleheads! I am new to this forum and haven't really thought a lot about finances before this. While reading up on finance I found The Boglehead's guide to investing and was sold. The reason for this change in investment attention was the sudden death of of my mother. She left me $500,000 and a ...