Search found 6 matches

by JLNichol
Mon Dec 24, 2018 9:38 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Re: Advice for "Little Old Lady" revised

Current market value of house is <150k
by JLNichol
Mon Dec 24, 2018 8:49 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Re: Advice for "Little Old Lady" revised

Thank you for your response. I own my house and there is no mortgage. Given my limited income, there is little mutabily in my expenditures. Non-discretionary and taxes total about $10,000. Those expenses are pared to the bone -- no banking fees, no credit cards, a granny flip-phone, no cable tv. I m...
by JLNichol
Mon Dec 24, 2018 8:21 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Re: Advice for "Little Old Lady" revised

Thank you. I'll certainly consider the "three fund" approach.
by JLNichol
Mon Dec 24, 2018 7:40 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Re: Advice for "Little Old Lady" revised

One more question: Is that a Boeing Stearman I see??
by JLNichol
Mon Dec 24, 2018 7:37 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Re: Advice for "Little Old Lady" revised

Thank you very much for taking the time to respond to my request, especially on Christmas Eve You certainly have made me feel a bit more secure. To answer your question: my funds are with a broker. If I read you correctly, I should perhaps transfer to Vanguard directly? I hope you have good holidays...
by JLNichol
Mon Dec 24, 2018 3:36 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2824

Advice for "Little Old Lady" revised

I am an unsophisticated investor age 78 with total assets of $75,000 invested in Vanguard funds as noted below. My monthly income is $900 SS plus whatever dividends these funds yield. I have $2000 cash-on-hand and live in Pennsylvania. I am frightened by what I am reading about the financial markets...