Search found 209 matches

by Rudedog
Mon May 25, 2020 8:16 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 20
Views: 2543

Re: What to do with Mother-In-Law

My wife and I are in a similar situation. We are staying put until her parents pass on. Moving an elderly person is very traumatic, if the current situation is working OK I'd put off moving until MIL is out of the picture.
by Rudedog
Sat May 16, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12009

Re: Selling home - low ball negotiation

I've bought and sold several houses. My first offer to buy is always 7% to 10% below list price with purchase subject to inspection, and I want to negotiate with the seller. When I sell a house, I always have a minimum price I will sell for in mind, but the initial listing is based on local comps an...
by Rudedog
Fri May 15, 2020 8:24 am
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16531

Re: Still using total bond market?

I am leery of investing in bonds in the current market due to the extremely low interest rates. I have moved most of my fixed income into one year CDs. The only bonds in my portfolio are in Wellington and Wellesley, not sure that is still a good idea, but I haven't decided to move those yet. This is...
by Rudedog
Tue May 12, 2020 7:29 am
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 137
Views: 14317

Re: Marcus or Ally

I have accounts at both, both seem OK to me.
by Rudedog
Tue May 12, 2020 7:27 am
Forum: Personal Investments
Topic: Porfolio Check Up and Looking Ahead
Replies: 9
Views: 560

Re: Porfolio Check Up and Looking Ahead

Do you have any college savings for children ? Putting my three daughters through college was a huge expense, two have advanced degrees. I'm not complaining as all three have good jobs and currently are still working during this pandemic and paying their own bills.
by Rudedog
Tue May 12, 2020 7:01 am
Forum: Personal Investments
Topic: Market vs. Limit Orders
Replies: 59
Views: 3575

Re: Market vs. Limit Orders

I use limit orders, but, if I really want the stock, set the price a few cents higher than current market price to be sure a small fluctuation doesn't shut me out. I used limit orders several weeks back to try to buy some UPS stock when it was below $ 90, but I couldn't get it done, the market never...
by Rudedog
Wed May 06, 2020 5:22 pm
Forum: Personal Investments
Topic: Amount and time needed to retire
Replies: 19
Views: 1835

Re: Amount and time needed to retire

Rough estimate--$ 2.5 to $ 3 million would do it.
by Rudedog
Wed May 06, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 9720

Re: How Do Early Retirees Pay for Medical

I pay $ 1,050 per month to BCBS, $ 6,750 out of pocket limit for deductible and co-insurance. My wife pays $ 750 per month to BCBS, $ 4,700 out of pocket limit. It is by far our highest expense. I pay it myself, but we CAN itemize deductions so we get a bit of a write-off on our Federal taxes.
by Rudedog
Mon May 04, 2020 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff or Invest
Replies: 8
Views: 1083

Re: Mortgage Payoff or Invest

I'd pay off the mortgage, its great to be debt-free.
by Rudedog
Sat May 02, 2020 10:28 am
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5298

Re: Do you keep moving your cash around chasing yield?

I keep my cash at four online banks, Capital One, Synchrony, Ally and Marcus. The accounts are no-penalty CDs or online savings, whichever has the better rate. I have considered opening accounts at Navy Federal and PSECU, but haven't done it yet, not sure I want any more accounts. My wife has her ca...
by Rudedog
Thu Apr 23, 2020 12:47 pm
Forum: Personal Investments
Topic: VG cut MM rates Apr 20
Replies: 18
Views: 2458

Re: VG cut MM rates Apr 20

Find a good online savings account, or move to a no-penalty CD.
by Rudedog
Thu Apr 23, 2020 12:45 pm
Forum: Personal Investments
Topic: I'm a little bit lost [keep American Funds?]
Replies: 16
Views: 1217

Re: I'm a little bit lost [keep American Funds?]

Since the front load has been paid, I'd lean toward keeping those American Funds. But, I wouldn't pay any more loads.
by Rudedog
Sat Apr 18, 2020 6:13 am
Forum: Personal Investments
Topic: Ally CD Rate Questions
Replies: 4
Views: 653

Re: Ally CD Rate Questions

Many persons using CD ladders just lock in the 5-year to complete their ladder with FDIC coverage.
by Rudedog
Thu Apr 16, 2020 7:06 am
Forum: Personal Investments
Topic: ICSH and other ultrashort term bond funds - should I be worried?
Replies: 26
Views: 2047

Re: ICSH and other ultrashort term bond funds - should I be worried?

I did not bail out on ICSH, it has come back, it holds a high level of cash. I thought about selling but kept it because of high yield and the Fed is backing corporate debt. Maybe I'm wrong, but that's my reasoning.
by Rudedog
Fri Apr 10, 2020 9:52 am
Forum: Personal Investments
Topic: Your AA once you hit 7 figures
Replies: 34
Views: 2618

Re: Your AA once you hit 7 figures

Try to maintain at 50% equities, and 50% bonds, CDs, cash.
by Rudedog
Wed Apr 08, 2020 12:38 pm
Forum: Personal Investments
Topic: Diversification
Replies: 40
Views: 2266

Re: Diversification

I'd go with VTI.
by Rudedog
Tue Apr 07, 2020 8:25 am
Forum: Personal Investments
Topic: Considering Change on Retirement Strategy
Replies: 12
Views: 1342

Re: Considering Change on Retirement Strategy

Diversification is good. I'd keep the 401K money in the 401K, and stick to your original plan.
by Rudedog
Mon Apr 06, 2020 11:51 am
Forum: Personal Investments
Topic: Should I pay off my mortgage?
Replies: 17
Views: 1326

Re: Should I pay off my mortgage?

If you can't deduct the interest on your tax return, I'd pay it off.
by Rudedog
Mon Apr 06, 2020 11:49 am
Forum: Personal Investments
Topic: Money in Bonds or Pay off house
Replies: 18
Views: 887

Re: Money in Bonds or Pay off house

There is an intangible feeling of freedom to have all debts paid off. I'd pay off the mortgage.
by Rudedog
Sun Apr 05, 2020 5:46 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11004

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

63 years old, retired, no pension. 1. Prepared and filed our 2019 income tax returns and received refund. 2. Bought a small amount of common stock, Coca-Cola and DNP. 3. Got out of Vanguard money market and bought CD at Ally Bank at 1.75%. 4. Watched my March 31 dividends from Vanguard Funds reinves...
by Rudedog
Fri Apr 03, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 599
Views: 31372

Re: What are you listening to now

Blood, Sweat & Tears--First four albums.

Kenny Rogers..........RIP Kenny......we loved your chicken.
by Rudedog
Thu Mar 26, 2020 2:36 pm
Forum: Personal Investments
Topic: Can you share your success stories?
Replies: 15
Views: 1492

Re: Can you share your success stories?

I always keep my late Mother's investment strategy in mind, 50% in equities and 50% in cash and CDs. Mom owned good companies like Walmart and had a large amount in American Funds. Always reinvested the dividends. Mom didn't sweat market downturns or try to squeeze out the last tenth of a percent. I...
by Rudedog
Thu Mar 26, 2020 6:25 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63019

Re: Have we hit bottom? Time to buy?

I expect March's unemployment numbers will cause market to go lower.
by Rudedog
Tue Mar 24, 2020 3:43 pm
Forum: Personal Investments
Topic: Thread: It’s your First recession (or not) and you’re staying the course
Replies: 65
Views: 3661

Re: Thread: It’s your First recession (or not) and you’re staying the course

First recession (no pension, we'll have to live on our portfolio) and I'm staying the course, I bought a small amount of stock Monday.
by Rudedog
Mon Mar 23, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: A Call For Compassion
Replies: 58
Views: 4646

Re: A Call For Compassion

Agree, good post.
by Rudedog
Mon Mar 23, 2020 9:05 am
Forum: Personal Investments
Topic: Recently retired, should I protect equity and sell?
Replies: 20
Views: 2281

Re: Recently retired, should I protect equity and sell?

You still own shares in the best companies on earth, with hard-working and smart employees. I do too and I'm going to ride it out.
by Rudedog
Mon Mar 23, 2020 6:29 am
Forum: Personal Investments
Topic: How should we store 1-1.5 year emergency fund?
Replies: 11
Views: 1542

Re: How should we store 1-1.5 year emergency fund?

I have accounts at three online banks, Capital One, Ally and Synchrony. I put my cash or maturing CDs in whichever offers the best rate at the time. If you ladder your CDs to have one mature each year, you can have that cash available when it matures, if needed.
by Rudedog
Sat Mar 21, 2020 5:30 pm
Forum: Personal Investments
Topic: A thank you to the “pay down the mortgage” folks...
Replies: 31
Views: 3378

Re: A thank you to the “pay down the mortgage” folks...

Congrats! I have never regretted paying off our mortgage, now debt free. Its a great feeling.
by Rudedog
Fri Mar 20, 2020 2:04 pm
Forum: Personal Investments
Topic: Markets down again Friday
Replies: 1
Views: 371

Markets down again Friday

Stay the course !
by Rudedog
Thu Mar 19, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6666

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

50% of our portfolio in equities, so the crash really hasn't crushed us. Still hard to see your Vanguard account go lower......and lower.....and lower.
by Rudedog
Thu Mar 19, 2020 7:51 pm
Forum: Personal Investments
Topic: Helping my parents simplify their portfolio
Replies: 11
Views: 792

Re: Helping my parents simplify their portfolio

That's a lot of debt for 63 years old.
by Rudedog
Wed Mar 18, 2020 7:00 pm
Forum: Personal Investments
Topic: How should an S-Corp keep cash beyond FDIC limit?
Replies: 8
Views: 383

Re: How should an S-Corp keep cash beyond FDIC limit?

You may want to address at least some of the risk by using two or three bank accounts.
by Rudedog
Wed Mar 18, 2020 6:55 pm
Forum: Personal Investments
Topic: Time to Move Vanguard MM Funds to Local Bank? (B of A)
Replies: 12
Views: 1616

Re: Time to Move Vanguard MM Funds to Local Bank? (B of A)

Moved a year of expenses out of VMMXX to Ally Bank 11 month CD, 1.75%. FDIC insured.
by Rudedog
Mon Mar 16, 2020 7:47 pm
Forum: Personal Investments
Topic: Anyone worried about thier Certificate of Deposits.
Replies: 19
Views: 1957

Re: Anyone worried about thier Certificate of Deposits.

No worries. My brother-in-law works for the Comptroller of the Currency auditing banks. He and I have discussed this in detail. Nothing to worry about.
by Rudedog
Mon Mar 16, 2020 7:42 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 25668

Re: How much you lost/gain since Feb 20,2020 ?

Down about $ 180,000 in tax-advantaged account, and down about $ 30,000 in taxable account. Believe it or not, I was thinking of moving a big chunk of the tax-advantaged account to cash right after Valentine's Day, but a friend of mine talked me out of it. Thanks buddy. My cash and CDs will tide us ...
by Rudedog
Mon Mar 16, 2020 8:03 am
Forum: Personal Investments
Topic: Help! Zero Interest Rate & Retirees.
Replies: 5
Views: 776

Re: Help! Zero Interest Rate & Retirees.

You may want to move to US Treasury money market, VUSXX, or to an FDIC insured CD. For CDs, I generally use Ally Bank, Synchrony Bank and Capital One.
by Rudedog
Thu Mar 12, 2020 8:56 pm
Forum: Personal Consumer Issues
Topic: Coffee Makers
Replies: 55
Views: 3128

Re: Coffee Makers

I went to a pour over about a year ago, using a tea kettle to heat water to 200 degrees. I control how hot the water is. Easy to clean. Makes good coffee. I order the filters on Amazon.
by Rudedog
Tue Mar 10, 2020 11:18 am
Forum: Personal Investments
Topic: Where to invest cash
Replies: 6
Views: 691

Re: Where to invest cash

I'd put the money in Vanguard Prime Money Market. Who knows how long the market will be volatile.
by Rudedog
Mon Mar 09, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Does my MIL have to file taxes?
Replies: 23
Views: 916

Re: Does my MIL have to file taxes?

My inlaws income is below the filing requirements, but they still feel more comfortable filing a return every year. Use the IRS free filing, I think Turbotax and H & R Block offer it too, if your income is low.
by Rudedog
Mon Mar 09, 2020 9:44 am
Forum: Personal Investments
Topic: Anyone buying oil/energy sector?!
Replies: 56
Views: 5067

Re: Anyone buying oil/energy sector?!

Looking out my office window, I see plenty of gasoline-powered cars going by. 18-wheelers, road graders, airplanes, etc, etc. I expect the big oil companies will be OK. Stay the course. I'm not buying any more right now, but I'm not selling either.
by Rudedog
Tue Mar 03, 2020 10:27 am
Forum: Personal Investments
Topic: so the Fed cut the rate, how does that affect the market? investors?
Replies: 25
Views: 1964

Re: so the Fed cut the rate, how does that affect the market? investors?

Market is up a bit right now. I guess the companies with a lot of debt, like Verizon will be happy. Xerox will be able to buy HP now, less interest to pay.
by Rudedog
Thu Feb 27, 2020 7:09 am
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18823

Re: who is worried and feels like selling stocks?

51% equities, largest holding is VTI. As Jack Bogle advised, I'm staying the course.
by Rudedog
Tue Feb 25, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus/Sector Impact
Replies: 17
Views: 1603

Re: Coronavirus/Sector Impact

My CDs and my bond funds haven't been hit too hard. My oil and gas stocks, XOM and MPC have been hit hard. Also utility stocks were hit hard today. Not a good day for the market, glad I am a long-term investor.
by Rudedog
Tue Feb 11, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I need in my 529 per child?
Replies: 78
Views: 6229

Re: How much do I need in my 529 per child?

My three daughters averaged about $ 100,000 each, two have masters degrees. Glad that is behind me. I hope they help their children with college because Grandma and Grandpa are tapped out.
by Rudedog
Tue Feb 11, 2020 10:56 am
Forum: Personal Investments
Topic: Universal Life Insurance (asking for my mother)
Replies: 14
Views: 832

Re: Universal Life Insurance (asking for my mother)

She can pre-pay her funeral expenses with a reputable funeral home. My in-laws pre-paid their funeral expenses 20 years ago. Otherwise, she probably doesn't need much, if any, life insurance. You don't use life insurance to leave bequests. Tell her the life insurance is not a good investment.
by Rudedog
Mon Feb 10, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Getting audited: advice requested
Replies: 16
Views: 3132

Re: Getting audited: advice requested

These guys are like bulldogs. In their mind everybody owes tax. They'll try to run right over you figuring (1) you don't know any better, and (2) you just want to get it over with. I'd advise you to turn this over to a CPA.
by Rudedog
Sat Feb 08, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's oncologist has stopped treatment, is recommending hospice
Replies: 93
Views: 14793

Re: Wife's oncologist has stopped treatment, is recommending hospice

So sorry to hear of this, prayers for you and your wife. Friend of ours in chemo now. Cancer is a tough foe.
by Rudedog
Thu Feb 06, 2020 9:33 pm
Forum: Personal Consumer Issues
Topic: Car repair - would you fix everything the mechanic suggested?
Replies: 39
Views: 2742

Re: Car repair - would you fix everything the mechanic suggested?

Older cars are the best! We have a 2007 Sienna, gonna keep it forever. These new ones.....meh.