Search found 340 matches

by MN-Investor
Wed Aug 14, 2019 1:25 am
Forum: Personal Investments
Topic: Bond Fund question..
Replies: 3
Views: 441

Re: Bond Fund question..

You could always buy a Vanguard bond ETF.

In my Fidelity taxable account I own Vanguard's Short-Term Bond ETF (BSV).

I own Vanguard's Total Bond Market ETF (BND) in my TDAmeritrade IRA.
by MN-Investor
Fri Aug 09, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Breakfast Menu After Retirement
Replies: 73
Views: 9429

Re: Breakfast Menu After Retirement

Most mornings are cereal or a granola bar plus a low fat yogurt. Three mornings a week I go to exercise class and I stop at McDonald's drive thru on the way home to pick up an order of scrambled eggs (it's not on their menu, but I've gotten it from several different McDonald's. It costs $1.90 at min...
by MN-Investor
Wed Jul 31, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6175

Re: Renter Forever?

Have you considered owning a condo instead of renting?

Fewer maintenance issues than owning a single family home plus the ability to just lock the door and be gone on vacation for a month without having to worry about the grass getting mowed or the snow getting shoveled.
by MN-Investor
Mon Jul 29, 2019 6:39 pm
Forum: Personal Consumer Issues
Topic: How to avoid cleaners going out of business - and not getting your things?
Replies: 25
Views: 1766

Re: How to avoid cleaners going out of business - and not getting your things?

Off topic - For me, it's restaurant gift cards for restaurants that go out of business.
by MN-Investor
Mon Jul 29, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 145
Views: 15071

Re: Do you buy new or used cars?

We got married in 1976 and our first two cars were used because that is what we could afford plus my husband knew the dealer personally - very small town Iowa - so we knew the history of the cars before we bought them. By 1992 we could afford to buy new, for cash, and so that's what we have bought. ...
by MN-Investor
Mon Jul 22, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets returning to work after baby? Glad you did?
Replies: 9
Views: 878

Re: Any regrets returning to work after baby? Glad you did?

Many, many years ago (early in my working career, so we're talking 40 years at least) I read a survey about mothers who either stayed home or went back to work and whether or not they were happy with their decision. The conclusion of that survey was that the mothers were happiest when they could do ...
by MN-Investor
Sun Jul 21, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: How to get rid of a piano?
Replies: 50
Views: 3727

Re: How to get rid of a piano?

When my mom passed away in 2017 we had to deal with this problem. It turned out that the next door neighbor with two young daughters was thrilled at the idea of getting a free piano. My husband bought all the straps and dollies to move it, and, since Mom had a ramp for her wheelchair to get into the...
by MN-Investor
Fri Jul 19, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Apple Watch Worth The $$$?
Replies: 41
Views: 3606

Re: Apple Watch Worth The $$$?

For me, the one feature that convinced me to buy my Apple watch was its ability to make phone calls. My husband passed away last year so I'm now alone in my house. Shortly after he passed away, I was carrying a heavy, unwieldy chair up from the basement and I realized how stupid that was. It would h...
by MN-Investor
Mon Jul 15, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Baking in the summertime?
Replies: 34
Views: 2500

Baking in the summertime?

The heat index is currently 100° here in Minnesota. I’ve never liked to turn on the oven when I’m running the air conditioner. A few years ago my (now deceased) husband bought us a Breville toaster oven which is still in the box. I was wondering if it made sense to have my nephew help me set it up i...
by MN-Investor
Thu Jul 11, 2019 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: A good name for a donor advised fund
Replies: 25
Views: 1480

Re: A good name for a donor advised fund

We used the word Trust in our DAF because we have a revocable trust and our taxable account at Fidelity is also in the trust name.
by MN-Investor
Thu Jul 11, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: A good name for a donor advised fund
Replies: 25
Views: 1480

Re: A good name for a donor advised fund

There are times, like donating to your church, where you want your name to be known. Our DAF is named "Husband's Last Name / Wife's Last Name Family Trust" (such as "Jones / Smith-Jones Family Trust"). I love the Fidelity Donor Fund because it does allow me to give anonymously and that accounts for ...
by MN-Investor
Tue Jul 09, 2019 10:52 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 8966

Re: Who cuts your hair? And for how much?

The same guy has been cutting my hair for 40 years. There was a local hair salon near the apartment we lived at years ago and both my husband and I ended up going there and getting our hair cut by the same fellow.

I pay $27 + $5 tip.
by MN-Investor
Tue Jul 02, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Shower room with Window but no Exhaust Fan: Mildew Prevention
Replies: 34
Views: 2519

Re: Shower room with Window but no Exhaust Fan: Mildew Prevention

I don't have an exhaust fan in my bathroom but have not had a problem. I turn on the furnace's fan so there is air movement when I'm in the shower. My husband would leave the bathroom door open. That's a bit too cool for me; I leave the bathroom door open about 3". I wipe down the tub/shower area wi...
by MN-Investor
Mon Jul 01, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20976

Re: Do you share your net worth with family members?

My husband's mother was a jealous, greedy, gossiping busybody. My husband would NEVER share any financial information with anyone in his family. He also expected me to not talk about our finances and, out of respect for his wishes, I never have. I've come to see the wisdom of that. No one needs to k...
by MN-Investor
Wed Jun 26, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating essential vs discretionary expenses
Replies: 17
Views: 964

Re: Calculating essential vs discretionary expenses

I exclude income taxes from my budget -- I have to pay them, but I don't track it as an expense because it is paid through withholding. If your advisor is trying to calculate what you will NEED to spend each month if you lose your job, you might want to look at what is being paid for from your sala...
by MN-Investor
Tue Jun 25, 2019 12:02 am
Forum: Personal Investments
Topic: Donate stock
Replies: 13
Views: 839

Re: Donate stock

You're right. There's no reportable capital gains.

Because not all charities can handle receiving stock, we set up a donor advised fund at Fidelity - where the stock resided. Then the DAF can be used to give to virtually all charities. I especially like that we can give anonymously.
by MN-Investor
Sun Jun 23, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Do you Casino? What do you play? Have you won?
Replies: 82
Views: 5213

Re: Do you Casino? What do you play? Have you won?

I've never been tempted by the casinos. However, I've been to the horse races once and the dog races once and had a blast both times because it was with a group of co-workers - my co-workers for the horse races, my husband's co-workers for the dog races. I don't think anyone bet more than $10 on a s...
by MN-Investor
Sun Jun 23, 2019 1:10 pm
Forum: Personal Consumer Issues
Topic: Outdoor vs Indoor HD antenna
Replies: 31
Views: 1451

Re: Outdoor vs Indoor HD antenna

Back in 1980 when we bought our house, my husband put an antenna in the attic and it's worked well over the years. I think there's a signal booster attached to it. In recent years I've noticed more pixelization when the wind is blowing the treetops between our house and the source of the signals. Be...
by MN-Investor
Fri Jun 21, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: The problem in retirement we rarely discuss [what to do with stock funds]
Replies: 58
Views: 6266

Re: The problem in retirement we rarely discuss [what to do with stock funds]

Reminder... when the assets are held in joint name in a taxable account and one spouse passes away, the other spouse inherits the one-half account owned by the deceased spouse and gets a stepped up basis of those shares. For me, that meant that my 1/2 of a specific stock we owned remained with a $2/...
by MN-Investor
Mon Jun 10, 2019 1:19 am
Forum: Personal Consumer Issues
Topic: Recycling - questions and answers
Replies: 14
Views: 1510

Re: Recycling - questions and answers

With my mom passing away in 2016 and my sweetie passing away last year, I've had to deal with a lot of recycling. 1) Is it something that I will use in the future? Save it. 2) Is it something that a relative would want? My sweetie was a tool junkie. After almost 42 years of marriage, you might imagi...
by MN-Investor
Wed Jun 05, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8942

Re: Costco or Sam's Club?

I have memberships to both Sam's Club and Costco. If nothing else, I view walking through them as entertainment. In fact, in Quicken I classify their membership fees as Entertainment :) .
by MN-Investor
Wed Jun 05, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 14663

Re: You May Never See Your Grandchildren Again

It’s interesting, because — generally — the elderly are the group most likely to complain about the effects of inflation on their purchases yet they also are the most wary of investments that would help them overcome those effects. Which is exactly why the presenters at this "educational seminars" ...
by MN-Investor
Wed Jun 05, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8942

Re: Costco or Sam's Club?

I was in the local Costco on a Saturday and commented to the person checking my receipt as I left about how crowded it was. He told me to come back on a Tuesday, that it was a lot less crowded then. Being retired, I’ll gladly do that.
by MN-Investor
Wed Jun 05, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: 2.4 MM net worth to be considered rich ?
Replies: 9
Views: 1782

Re: 2.4 MM net worth to be considered rich ?

If this thread is to be actionable, does this mean that I quit saving when I hit $2.4 million? :D Or do I just take on airs?
by MN-Investor
Wed Jun 05, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8942

Re: Costco or Sam's Club?

Costco gasoline is rated Top Tier. Sam's Club's is not. That makes the decision easy.
by MN-Investor
Wed Jun 05, 2019 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 6300

Re: Would you buy a house without a garage?

If I were buying a house in the area of the country where it snows, and I owned a car, I most certainly would want a usable garage! It's a royal pain to dig your car out from snow. Also, a garage protects cars from hail and bird stuff and kids who cause mischief.
by MN-Investor
Mon Jun 03, 2019 11:31 pm
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 14663

Re: You May Never See Your Grandchildren Again

The really sad thing is that folks attending these presentations are trying to do the right thing, they are trying to educate themselves. Even Bogleheads can feel overwhelmed when they get to the point where they're living off of savings instead of accumulating. So these folks are trying to find dir...
by MN-Investor
Sun Jun 02, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: Cutting The Cord
Replies: 24
Views: 2207

Re: Cutting The Cord

I live in the Twin Cities and have had OTA forever. Unfortunately, when it's windy out, some of the stations get pixelated. As of last week, I am now a YouTube TV subscriber. It doesn't give me all the local channels - PBS, MeTV, AntennaTV, Quest, etc, - but it gives me the big networks local statio...
by MN-Investor
Sat Jun 01, 2019 2:09 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 10581

Re: How did you all do in the month of May, 2019

My portfolio is down 2.3% for the month, but year-to-date I'm up 7.5%. I can live with that.
by MN-Investor
Mon May 27, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Funding nieces' Roth IRAs
Replies: 10
Views: 967

Re: Funding nieces' Roth IRAs

By the way, I am also ordering a couple copies of Mike Piper's Investing Made Simple: Index Fund Investing and ETF Investing Explained in 100 Pages or Less. I'll give a copy to each niece I'm helping out.
by MN-Investor
Mon May 27, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Funding nieces' Roth IRAs
Replies: 10
Views: 967

Re: Funding nieces' Roth IRAs

Once you put the money in their account, they can move it to whatever they like. I know I lose total control over the money once I give it to the girls. That's ok. Once the money is theirs, it's their responsibility. I can give them initial guidance, but then it's their challenge to take on. I hope...
by MN-Investor
Mon May 27, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Funding nieces' Roth IRAs
Replies: 10
Views: 967

Re: Funding nieces' Roth IRAs

So, to piggyback and understand correctly....open a RothIRA with a brokerage firm and then within that account invest in the Vanguard 2060, correct? OP here. I wouldn't consider a target retirement fund for my 20-something nieces. At this point, I think they should just put it all into the stock ma...
by MN-Investor
Mon May 27, 2019 11:24 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12776

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

I think we're like a number of other investors who, as my husband neared retirement, we switched from being heavily invested in stocks (80%+) to a more conservative 40/60 portfolio. In a few years that ratio will probably be moved to a 50/50 split. We'll see.
by MN-Investor
Fri May 24, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Funding nieces' Roth IRAs
Replies: 10
Views: 967

Funding nieces' Roth IRAs

I have a couple of nieces who are recent college graduates - one this year, her sister two years ago. Neither has college debt. Both have jobs. Both may be saving for graduate school. Neither has a boyfriend at the moment. I remember my 20s - you're busy building an emergency fund, saving for a home...
by MN-Investor
Mon May 13, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11678
Views: 2011376

Re: U.S. stocks in free fall

If you can't take the fluctuations of the stock market, don't invest in it. If you can't handle any fluctuation in your investments, buy CDs and never pay any attention to the stock market. I've attended a number of those "free" financial advisor dinners, the ones where they rely heavily on the 2008...
by MN-Investor
Sun Mar 31, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 5230

Re: Video Camera to check in on Elderly Parent

You might be interested in reading a review of indoor security cameras. This is The Wirecutter's article "The Best Indoor Security Camera."
by MN-Investor
Sun Mar 31, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 5230

Re: Video Camera to check in on Elderly Parent

snackdog wrote:
Sun Mar 31, 2019 12:55 pm
What if the 95-year old has a hot date?
Heat sensor?
by MN-Investor
Sat Mar 30, 2019 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 53439

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I have never reconciled the idea that you should live on no more than a 4% withdrawal in retirement with the idea that a “wealth enhancement” company will charge you 1% of assets under management to provide you with advice. Potentially one-quarter of my annual income should go to an advisor. Nope. N...
by MN-Investor
Sat Mar 30, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 33501

Re: "The best and worst U.S. states for retirement"

This is another Minnesotan who has no desire to move to another state. Yes, it's expensive, but we were able to make good incomes here so I can afford it. Like a lot of retirees - and especially since I'm a recent widow - I want to live near family. As far as the weather? The great thing about being...
by MN-Investor
Sat Mar 30, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 33501

Re: "The best and worst U.S. states for retirement"

Grok, Any survey that ranks Minnesota as number 1 in Quality of life is just flawed IMO. How can you say it is wonderful to live in a place where it will freeze you or give you severe frostbite if you stay outside for 10 minutes. And the weather is like this for 5-6 months every winter. That is jus...
by MN-Investor
Sat Mar 30, 2019 12:45 am
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 3158

Re: How often do you check your accounts?

I update my portfolio spreadsheet every weekend, but only retain month end balances in it.

Sometimes, if the stock market is going crazy, I'll update it that night, but, since we're 60-40 bonds to stocks, even a large daily change in the stock market only has limited effect on our portfolio.
by MN-Investor
Fri Mar 29, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 9171

Re: Tattoos and Bogleheads

I figure the acceptance of tattoos is similar to a generation's taste in music and hair & dress styles. I graduated from high school in 1971, so I listened to a lot of music from the '60s and '70s. I remember my mother frowning at the Beatle's long hair. I remember the high school basketball coach r...
by MN-Investor
Tue Mar 26, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 9171

Re: Tattoos and Bogleheads

I don't wear the same clothes every day.

I don't wear the same jewelry every day.

I can't imagine wanting permanent artwork on my body. It's too restricting.
by MN-Investor
Sun Mar 24, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do you treat inheritance as a singular or shared asset?
Replies: 113
Views: 5742

Re: Do you treat inheritance as a singular or shared asset?

No opinion, just a side story...

My husband's bachelor uncle left equal amounts to few relatives including my husband and me. I used to tease my husband that his uncle liked me better than him because, even though I wasn't related by blood, I got just as much as my husband did. :D
by MN-Investor
Fri Mar 22, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 7128

Re: When your responsibility to your children ends?

My parents paid for all seven of us children to attend college. After that we were on our own. I know Mom and Dad made a few loans over the years but they were always promptly paid back (med school, down payment on house, etc.). What was so valuable to me, though, was the knowledge that my folks wer...
by MN-Investor
Sun Mar 17, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 8102

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

Buy the minivan! When my husband passed away last spring, I sold my 2012 Hyundai Santa Fe and started driving his 2017 Hyundai Santa Fe Sport. For only a 5 year difference in age, I'm amazed at the additional safety features. Those features are especially important when the driver can so easily be d...
by MN-Investor
Thu Feb 07, 2019 12:37 am
Forum: Personal Consumer Issues
Topic: What Tech Gadget Would you Buy?
Replies: 85
Views: 5776

Re: What Tech Gadget Would you Buy?

Check out The Wirecutter - Electronics Reviews for ideas. The Wirecutter reviews products and I like to check out what they have to say about items I'm thinking of buying. Just page down their review of electronics and click on any that catch your eye. If nothing else, it's an interesting education ...
by MN-Investor
Sun Jan 27, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 9190

Re: No Children, what will your legacy be?

I donate to organizations while I'm alive.

My estate will go to fourteen nephews and nieces along with one sister with health issues and a beloved sister-in-law (twice widowed, first husband was my husband's older brother). None of them are expecting anything from me.
by MN-Investor
Tue Jan 22, 2019 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 177
Views: 16490

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

My sister-in-law was only 47 when her husband (my husband's brother) passed away. Five years later she married a very nice widower who had lost his wife to cancer. Now, after 10 years of marriage, this husband passed away in September. I don't know the details, but my nephew is the executor and it s...
by MN-Investor
Tue Jan 22, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 177
Views: 16490

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

When my husband's bachelor uncle passed away, the local bank was the executor. They did a great job. My husband asked the woman in charge if she had any horror stories of probating a will. She pulled out a pretty little thimble from her desk drawer and told how, even though 3 years had passed, the c...