Search found 438 matches

by MN-Investor
Sun May 17, 2020 10:44 am
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16572

Re: Still using total bond market?

I'm 67 and recently decided that I was no longer comfortable with 40% stocks. I sold shares of a single stock I was too heavily invested in and put that money into Vanguard's Short-Term Bond ETF. At this point, bonds comprise 64% of my portfolio. 37% of my portfolio is in Vanguard's Total Market Bon...
by MN-Investor
Sun May 10, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20116

Re: What are you doing for haircuts due to coronavirus shutdown?

My sister went through chemo for breast cancer last summer, so her hair has been very short ever since. It was getting long enough that it needed neatening up. Fortunately, her wife was a dog groomer many years ago and still had her excellent dog clippers. So my sister is very happy with a 7/8" hair...
by MN-Investor
Fri May 08, 2020 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24329

Re: IRS Get My Payment up and running

I give up. The site tells me that: You are eligible for this payment. We do not have enough information to direct deposit your payment at this time. So the next page asks me for my Adjusted Gross Income, the amount of my refund, my bank routing number, and my bank account number. I enter all of thos...
by MN-Investor
Wed May 06, 2020 11:49 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Membership Question
Replies: 84
Views: 6242

Re: Amazon Prime Membership Question

My prime membership was $119 last year, $127.95 this year, just two days ago. Apparently state sales now applies. That's neither here nor there, it's just an observation I thought I would share. In the grand scheme of things, prime membership easily fits into my budget, so I don't give it a second t...
by MN-Investor
Fri May 01, 2020 9:40 pm
Forum: Personal Consumer Issues
Topic: Front load washing machine recommendations
Replies: 98
Views: 4660

Re: Front load washing machine recommendations

I don't know how much of an issue it is, but I've heard that Best Buy, for example, will deliver an appliance to your doorstep, but that's it. I did not check further.
by MN-Investor
Mon Apr 27, 2020 3:16 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19841

Re: Why am I even saving for retirement?

You save so that you have options. The more money you have, the more options available. It's as simple as that.
by MN-Investor
Sat Apr 18, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7431

Re: Retirees: what are you doing with all the home equity?

I've never had cable TV, but I recently got streaming television and there's this network - HGTV - with all sorts of things you can do to update your house. Ok, I know you all have been watching HGTV for years so this isn't new to you. That said, I'm retired, my house is paid off, I love where I liv...
by MN-Investor
Wed Apr 15, 2020 11:43 pm
Forum: Personal Investments
Topic: The zillion dollar question: when will the market bottom out?
Replies: 104
Views: 8055

Re: The zillion dollar question: when will the market bottom out?

I'm glad the OP asked this question. It made me think seriously about why I am doing what I am doing. I'm 67, retired, and widowed. The current situation made me rethink my asset allocation. I had had 40% in stocks. I decided I could sleep better with just 30% in stocks. But I am also sitting on 10%...
by MN-Investor
Mon Apr 13, 2020 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Double check state return due dates!!!
Replies: 0
Views: 410

Double check state return due dates!!!

I think that most states have moved their due dates to align with the federal due date of July 15. HOWEVER... double check! I was thinking that Minnesota's 1st quarter estimated tax would be due July 15. It's NOT. It is due April 15. Normally, that wouldn't be an issue. Normally I've withheld income...
by MN-Investor
Wed Apr 08, 2020 11:03 am
Forum: Personal Consumer Issues
Topic: Charity during the pandemic
Replies: 73
Views: 4460

Re: Charity during the pandemic

I replenished my DAF account before my low-basis stock dropped further in price. I increased my yearly contribution to my church and I'll possibly make another contribution later this year, depending on how their finances are going. I contributed to the local food shelf and I'll probably make more c...
by MN-Investor
Sun Apr 05, 2020 4:17 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21014

Re: Are you still going to the grocery store or using a delivery service? Which?

I prefer to shop at one of the upscale Twin Cities grocery stores (Lund's) which doesn't get as crowded as the major chain grocery stores, so I can avoid a lot of people by shopping in off hours. Since it's only me, that works out fine. Every couple of weeks I can go to Target or Costco, also during...
by MN-Investor
Fri Apr 03, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20116

Re: What are you doing for haircuts due to coronavirus shutdown?

I'm a woman with short hair. It's been short for decades.

I guess I won't worry about it. If it grows, it grows.

At least I'm not coloring it. Those women have more of an issue.
by MN-Investor
Fri Mar 27, 2020 7:18 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6426

Re: CARE Act Overview

I'm curious as to what I'll get as a refund. My husband passed away in 2018 and I filed a joint return, indicating that my husband had died during the year. Our AGI was < $150,000. For 2019 I'll be filing a single return. I have yet to file it. So the refund will be based on my 2018 return. I imagin...
by MN-Investor
Sat Mar 21, 2020 10:37 pm
Forum: Personal Consumer Issues
Topic: How are you supporting your community?
Replies: 60
Views: 3078

Re: How are you supporting your community?

In addition, CDC guidelines on alternative mask strategies has 2 informative links https://www.cdc.gov/coronavirus/2019-ncov/hcp/respirators-strategy/crisis-alternate-strategies.html CDC is not a credible source of information. I would do my own research before entertaining their guidelines. Why do...
by MN-Investor
Sat Mar 21, 2020 9:18 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 25677

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

Down 15.7% from the high. My AA has been 40/60, but I'm sitting at 34/66 today.

Basically I'm back to my 3/31/2017 balance, which was also my 12/31/2018 balance. A lot of up and down, just to end up in the same place as I was three years ago!
by MN-Investor
Sat Mar 21, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: How are you supporting your community?
Replies: 60
Views: 3078

Re: How are you supporting your community?

I hate to admit that I'm in the high risk group - 67 years old, type II diabetic. I've always had a good immune system, but who knows what will happen with this virus. So... 1) I'm minimizing my contact with the outside world. I figure the best thing I can do for my community is not get sick. If I'm...
by MN-Investor
Sat Mar 21, 2020 12:07 pm
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 237
Views: 15447

Re: Are we better off now than Dec 2018?

My investment total today is about equal to my 12/31/18 balance. It is also about equal to my 3/31/17 balance. It's been an interesting 3 years of ups and downs. My AA has been about 40/60, although it's sitting at 34/66 today. 12% of my investments are in former company stock. Half of it got a step...
by MN-Investor
Fri Mar 20, 2020 5:43 am
Forum: Personal Investments
Topic: Anyone (now) regret choosing a lump sum vs. annuity option?
Replies: 16
Views: 1255

Re: Anyone (now) regret choosing a lump sum vs. annuity option?

Absolutely no regrets. My husband retired in 2016 and thought long and hard about taking the annuity vs. getting a lump sum. One of his main concerns was the future financial health of the insurance company paying out the annuity. My sweetie passed away in 2018 and I’m more glad than ever that we ha...
by MN-Investor
Thu Mar 19, 2020 7:14 pm
Forum: Personal Consumer Issues
Topic: Is your financial house in order?
Replies: 10
Views: 1407

Re: Is your financial house in order?

I need to make sure that my beneficiaries are up-to-date on my retirement accounts. Because we didn't have children, the estate is going to numerous relatives. I may need to make a few adjustments. Something I need to think about. Have you assigned an executor? If so, he/she's the one to keep up-to...
by MN-Investor
Thu Mar 19, 2020 11:24 am
Forum: Personal Consumer Issues
Topic: Is your financial house in order?
Replies: 10
Views: 1407

Is your financial house in order?

This pandemic is a stark reminder to make sure your financial house is in order. Do you have a will? Do you have a medical care directive? Do you have a durable financial power of attorney? Are your beneficiaries up to date for your retirement accounts? I hate the fact that I could die from this stu...
by MN-Investor
Mon Mar 16, 2020 10:09 pm
Forum: Investing - Theory, News & General
Topic: Poll - How much of a crash are you predicting?
Replies: 82
Views: 5356

Re: Poll - How much of a crash are you predicting?

I have no idea about what the stock market will do. But I do know that it reflects the value of the companies which make it up and there are scads of companies which may not survive this pandemic. I've decided to not re-allocate. We moved to a 40/60 allocation when my sweetie retired. With the marke...
by MN-Investor
Sun Mar 15, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: Coronavirus - Helping Others
Replies: 19
Views: 1370

Coronavirus - Helping Others

A lot of folks are going to be hurting financially in the near future. Like other Bogleheads who have planned well in advance, I'm in the position to be able to donate to organizations which will be helping these people. I know stock prices are down, but I'm going to donate some stock to my donor ad...
by MN-Investor
Sun Mar 15, 2020 11:45 am
Forum: Personal Consumer Issues
Topic: Anyone taking advantage of extremely cheap flights?
Replies: 33
Views: 2957

Re: Anyone taking advantage of extremely cheap flights?

By the way, if you do get the virus and recover, that would be a perfect time to travel. You will then have immunity to the virus and won't be a carrier. You know this is true? I've read several sources that indicate that someone who recovers has, at best, short term immunity and can subsequently b...
by MN-Investor
Sun Mar 15, 2020 12:26 am
Forum: Personal Consumer Issues
Topic: Anyone taking advantage of extremely cheap flights?
Replies: 33
Views: 2957

Re: Anyone taking advantage of extremely cheap flights?

Right now it's all about flattening the curve. We have to do everything possible to halt the spread of this dread disease so that the hospitals, doctors, and nurses are not overwhelmed. If it means staying at home and avoiding others for a time, that's what I'll do. That also gives them more time to...
by MN-Investor
Sat Mar 14, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into stocks when they fall is unrealistic
Replies: 126
Views: 10577

Re: Rebalancing into stocks when they fall is unrealistic

My asset allocation calls for 40% stocks. As of yesterday, stocks make up 37% of my portfolio. I'm going to sit tight. I don't believe in timing the market, but I'm also pessimistic about what stocks are going to do in the next year. The value of stocks relies on the underlying value of the companie...
by MN-Investor
Fri Feb 28, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: Re-assessing risk tolerance if near/in retirement
Replies: 50
Views: 2536

Re: Re-assessing risk tolerance if near/in retirement

My sweetie retired in 2016. We discussed how we wanted to change our asset allocation a couple of years before he actually retired and we decided to move from a 90/10 AA to a 40/60 AA. Once he retired and rolled his 401(k) into an IRA, we finalized our reallocation. Our discussions also included hav...
by MN-Investor
Wed Feb 26, 2020 9:44 pm
Forum: Investing - Theory, News & General
Topic: Why aren't Asian stock markets down due to coronavirus?
Replies: 63
Views: 6264

Re: Why aren't Asian stock markets down due to coronavirus?

The title of this thread is about "Asian stock markets" but everyone seems to be concentrating on China.

So I looked at Japan's NIKKEI 225. It closed on 2/20 at 23,479.15. Today, four business days later, it's at 22,055.98, a drop of 1,423.17 points, or 6%.
by MN-Investor
Wed Feb 26, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Name of a living trust?
Replies: 23
Views: 1548

Re: Name of a living trust?

Ours is MyLastName HusbandLastName Family Trust.

That's it.

It's about 15 years old. No issues with that name.
by MN-Investor
Mon Feb 24, 2020 9:49 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13448

Re: Do you ever use cash?

Fast food drive-thru.

Food from the gas station store.

Concession stands - sports, theaters, etc.

Farmers market.

Library fines. (Oops, but I figure that's supporting the library, so it's ok.)

Snow plow guy on an as needed basis, but now I have a new snowblower.
by MN-Investor
Mon Feb 24, 2020 10:11 am
Forum: Investing - Theory, News & General
Topic: Fidelity [website issues Feb 24 2020]
Replies: 46
Views: 2593

Re: Fidelity

Fidelity message:

"We are experiencing technical difficulties, which may impact the viewing of your accounts. This has no impact on your account balances and positions. We apologize for any inconvenience."
by MN-Investor
Tue Feb 18, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Do You Avoid Advertisements & Commercials?
Replies: 84
Views: 4764

Re: Do You Avoid Advertisements & Commercials?

During one prior political season, I got very quick at muting ads on TV. I've continued muting almost all ads since then.

As far as the internet, I have Adblock Plus. I rarely notice ads and I try to avoid the sites which overwhelm my browser with ads.
by MN-Investor
Sun Feb 16, 2020 10:57 pm
Forum: Investing - Theory, News & General
Topic: At what age did you begin adding bonds?
Replies: 138
Views: 7486

Re: At what age did you begin adding bonds?

We were 2% bonds until 2015, a year before my husband retired. My sweetie retired in 2016 at age 62 and, by 2017, when his 401(k) was rolled over and fully invested in an IRA, we were then 60% bonds.
by MN-Investor
Sat Feb 15, 2020 7:34 pm
Forum: Personal Consumer Issues
Topic: Recommendation for a Great Stapler
Replies: 32
Views: 1913

Re: Recommendation for a Great Stapler

Off subject - In the mid-1970s I worked for a CPA firm. One client had a unique stapler. Looking online, it was probably a Bates stapler. It used a roll of metal wire to make its own staples.
by MN-Investor
Sat Feb 15, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity is late with 1099
Replies: 49
Views: 4415

Re: Fidelity is late with 1099

By the way, if Fidelity puts your cash into Fidelity Government Money Market (SPAXX), some of that interest if from U.S. Government Obligations and so may not be taxable on your state tax returns. That's the information I'm waiting for. Thanks for the information. By the way, you'll be able to find...
by MN-Investor
Sat Feb 15, 2020 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity is late with 1099
Replies: 49
Views: 4415

Re: Fidelity is late with 1099

One small issue. The “Percentage of Income from U.S. Government Obligations” information is still unavailable. Exactly my issue. They just posted my 1099, so I have that. I just can't complete my tax return until I have that U.S. Government Obligation piece. By the way, if Fidelity puts your cash i...
by MN-Investor
Fri Feb 14, 2020 4:10 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3890

Re: How are you spending Valentine's day?

This is the second Valentine's Day without my sweetie, so I wasn't sure how the day would be. BUT... My wonderful sister-in-law - who includes me in all their family events - sent me a lovely Valentine's Day card. And my sister from North Carolina bought me a top from Land's End which arrived today....
by MN-Investor
Thu Feb 13, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: Zero Stocks In Retirement
Replies: 79
Views: 5949

Re: Zero Stocks In Retirement

The convention is that when you're in your 20s, you're investing for the long term so you invest heavily in stocks. It was a bit of an eyeopener when I read a financial advisor make the point that, when you're 65, you may very well live for another 30 years. How is that not a long term? Therefore, y...
by MN-Investor
Thu Feb 13, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: Iphone cords / cables
Replies: 51
Views: 4026

Re: Iphone cords / cables

Make the children buy the cords? They might last longer.
by MN-Investor
Wed Feb 12, 2020 10:24 am
Forum: Personal Investments
Topic: Heavy losses on leveraged ETFs - sell or hold?
Replies: 24
Views: 2768

Re: Heavy losses on leveraged ETFs - sell or hold?

As someone up thread said, if you wouldn't buy it today, sell it. That's one of the best pieces of advice I've received in my years of investing. It's so easy to hang onto an owned stock which has decreased in value. You talk yourself into the idea that it must go up in value soon and so you should ...
by MN-Investor
Fri Feb 07, 2020 7:45 pm
Forum: Investing - Theory, News & General
Topic: Anybody buying gold?
Replies: 112
Views: 5110

Re: Anybody buying gold?

Nah, it's a lump of rock, generating no income on its own.

American business, on the other hand, innovates and grows. That's where I put my money.
by MN-Investor
Fri Feb 07, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax from Costco
Replies: 9
Views: 931

Re: Turbo Tax from Costco

The box I bought from Costco had both download instructions, with a license code, as well as the actual cd. Same here. The front of my TurboTax box states: "Two ways to install: CD or Download" When you open the box, you see the download instructions which are merely to create an account at Install...
by MN-Investor
Tue Feb 04, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits for adult with Down Syndrome?
Replies: 16
Views: 1285

Re: Social Security benefits for adult with Down Syndrome?

I'll second the recommendation to involve an attorney specializing in this area. My husband's brother has Down Syndrome and Medicaid has been paying his housing costs for many years. A dear uncle, with the best of intentions, left him about $100K. Unfortunately, that just kicked him off Medicaid. Th...
by MN-Investor
Sat Jan 25, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 353
Views: 29601

Re: Do you plan to actually spend down your portfolio?

My mom, with severe osteoporosis, but otherwise healthy for her age, went into a nursing home in October 2010 at age 88 and passed away in June 2017 - so almost 7 years in a nursing home. When she first went in, the monthly rate was around $5K/month. When she passed away, it was around $8.5K/month. ...
by MN-Investor
Fri Jan 24, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: At some point you'll probably lose at least 30% (real) from your diversified portfolio: Meb Faber
Replies: 96
Views: 8355

Re: At some point you'll probably lose at least 30% (real) from your diversified portfolio: Meb Faber

We had hit a high with our investments in Sept 2007. By Feb 2009 our portfolio had dropped 33%. Did we recover? After some fluctuations, our portfolio had returned for good to that pre-drop high by Sept 2010. It took 19 months. At that time we were heavily into stocks. When my husband retired in 201...
by MN-Investor
Fri Jan 24, 2020 1:13 pm
Forum: Personal Consumer Issues
Topic: Benefits of buying things secondhand?
Replies: 93
Views: 7125

Re: Benefits of buying things secondhand?

I have been donating a lot of items to the local charitable thrift store since my sweetie passed away in 2018. So many items, including winter gloves, ski caps, and shoes, were brand new because my sweetie was a big man (shoe size 13EEE) and would buy extras when he found a style which fit. I'm thri...
by MN-Investor
Sun Jan 19, 2020 3:47 pm
Forum: Personal Investments
Topic: Deploying a $40m windfall in current market conditions
Replies: 60
Views: 8897

Re: Deploying a $40m windfall in current market conditions

I assume the $40M is after setting aside a portion to pay the income taxes due from this sale?
by MN-Investor
Sun Jan 19, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: When the woman pays for the man...
Replies: 26
Views: 2289

Re: When the woman pays for the man...

If they are contemplating marriage, I'd recommend that they sit down together and the boyfriend lay out his finances - what caused him to get into debt, what has changed, how are his finances progressing. If someone has debt from an emergency medical issue from 5 years ago, that's one thing. Or coll...
by MN-Investor
Wed Jan 15, 2020 11:14 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 233
Views: 34885

Re: Rich people are hoarding cash

Oops. I have about 7% in cash (which includes money market accounts). It's mostly inertia which has created this issue. My problem are investments which kick off income (individual stocks and ETFs) which are not automatically reinvested. My husband started reinvesting some of the income, but he pass...
by MN-Investor
Mon Jan 13, 2020 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: I Bought Myself Quicken - Now What?
Replies: 40
Views: 3513

Re: I Bought Myself Quicken - Now What?

For me, I use Quicken to keep track of my checking accounts and credit card charges. That's it. Once a year (maybe mid-year too, if I'm curious) I export the data to Excel and figure out what expenses for the year look like - summarizing insurance, taxes, etc. but having a large lump sum for other. ...
by MN-Investor
Fri Jan 03, 2020 4:13 pm
Forum: Investing - Theory, News & General
Topic: Faith driven investing
Replies: 71
Views: 4907

Re: Faith driven investing

Since you are buying the shares from another investor, and, when selling, selling to another investor, the company gets no money from you. What do you get from the company? Dividends. And you will benefit if the value of the stock does go up, but that value is paid to you by another investor. In the...