Search found 2148 matches

by Nowizard
Sat Aug 17, 2019 8:51 am
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 57
Views: 3465

Re: Any retired person have stocks and cash I was thinking about a 70/30

Mototrojan: Not necessarily. Buffett, for example, has the equivalent of a mutual fund and billions in cash. Similarly, mutual funds hold cash when they are not satisfied with investment possibilities. That is in excess to any held for redemptions.

Tim
by Nowizard
Fri Aug 16, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 57
Views: 3465

Re: Any retired person have stocks and cash I was thinking about a 70/30

You will have cash in mutual fund accounts, so add that in when figuring. For example, our funds have a total of 3% of our portfolio in cash. Add that to our bond funds and actual cash, and we sleep poorly, like a lot of retired people, but not due to our portfolio.

Tim
by Nowizard
Fri Aug 16, 2019 7:27 am
Forum: Personal Consumer Issues
Topic: Kindergarten lunches
Replies: 56
Views: 3620

Re: Kindergarten lunches

Some day cares check the lunches to see if they have required contents including protein, fruit, etc. Ask the teacher who has seen it all.

Tim
by Nowizard
Thu Aug 15, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2412
Views: 434366

Re: What are you up YTD? [Year To Date]

One reason the downturn has not bothered us is that we are still up marginally over 10% for the year with our 60/40 portfolio. It is important to consider the run-up and not get too concerned, at least yet, over the recent volatility.

Tim
by Nowizard
Wed Aug 14, 2019 11:47 am
Forum: Personal Finance (Not Investing)
Topic: What next in Life? Climb ladder or start a business
Replies: 6
Views: 962

Re: What next in Life? Climb ladder or start a business

Frankly, it appears you are in the "contemplative" stage. You don't indicate that you have an idea about a specific business and don't have much capital for starting one, possibly enough for a small start while working a FT job in addition. What do you want to do, and how do you finance the start-up...
by Nowizard
Wed Aug 14, 2019 9:39 am
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 13491

Re: [Vanguard ongoing glitches, August 12-13, 2019]

Glitches do produce problems at times, but we do live in a world where expectations are very high. This is a trade-off with technology, and the glitches that will inevitably appear at times never seem to be advertised or the time subtracted from technologies "wonderful" advantages. We do choose who ...
by Nowizard
Wed Aug 14, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: Skunks keep coming in our yard!
Replies: 30
Views: 2226

Re: Skunks keep coming in our yard!

Yep, grubs will attract a variety of unwanted things, both below and above the surface. Get rid of the grubs, and you get rid of the unwanted moles, skunks, armadillos, etc.

Tim
by Nowizard
Wed Aug 14, 2019 9:24 am
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 2986

Re: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxa

A broader issue is that unless you are exceptionally strategic, most any investment outside retirement accounts will produce taxable distributions. The issue is more one of choosing taxes you will pay, isn't it? Even with funds in taxable accounts, taxes will eventually be paid. What am I missing ot...
by Nowizard
Wed Aug 14, 2019 8:03 am
Forum: Personal Finance (Not Investing)
Topic: House purchase (cash)... wire transfer or cashier's check?
Replies: 32
Views: 2013

Re: House purchase (cash)... wire transfer or cashier's check?

Just did one with wire transfer from Ameritrade to Vanguard (Earlier), then to Vanguard to closing attorney. Every step was carefully vetted by all parties, including an email with instructions from the closing office. Since it was local, I simply stopped by the office to see if the received email w...
by Nowizard
Wed Aug 14, 2019 8:00 am
Forum: Personal Investments
Topic: Tell me about TD Ameritrade
Replies: 21
Views: 1463

Re: Tell me about TD Ameritrade

Also, moved with Scottrade merger. Was quicker than Vanguard on wire transfer of money and has been fine otherwise. Site has much more information than Scottrade did, but it is more complicated to negotiate. A person said he would call about "Opportunities" when we first funded the site, but never h...
by Nowizard
Wed Aug 14, 2019 7:57 am
Forum: Personal Consumer Issues
Topic: Lawn mower
Replies: 25
Views: 2166

Re: Lawn mower

Honda is top-rated by many rating companies. Just bought one with rear-wheel drive which is preferred if you have a yard with different elevations. It has positions for mulching, which it does nicely since it has two blades, bagging and distributing unmulched grass. Seems OK so far and cost about $4...
by Nowizard
Tue Aug 13, 2019 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Complaint with Medicare on Unethical Part D insurer
Replies: 12
Views: 1184

Re: Filing Complaint with Medicare on Unethical Part D insurer

You may have misunderstood. There are numerous cases where the cash cost of a drug is less than you are required to pay with insurance. Yes, it makes no sense, but pharmacists are contracted not to tell that to a patient unless specifically asked. It is always wise to ask the pharmacy what is the in...
by Nowizard
Tue Aug 13, 2019 9:48 pm
Forum: Personal Consumer Issues
Topic: Provider choosing to bill as out of network
Replies: 34
Views: 2202

Re: Provider choosing to bill as out of network

Certainly it sounds questionable, but no one here knows. If you like the physician, there is no need to poison the water initially. It is a simple process to call your insurance company and ask if the provider is in or out of network, following it up by asking how the difference affects you. If the ...
by Nowizard
Tue Aug 13, 2019 11:30 am
Forum: Personal Consumer Issues
Topic: Is "My Social Security" online worth signing up for
Replies: 31
Views: 2702

Re: Is "My Social Security" online worth signing up for

SS has annually sent out notices of increases in payments and/or deductions but, I believe, is discontinuing that and posting it on-line as of the next year. If that is the case, I will register.

Tim
by Nowizard
Tue Aug 13, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Looking for lake house in Southeast, recommendations
Replies: 15
Views: 1947

Re: Looking for lake house in Southeast, recommendations

Not sure exactly what your limitations are distance wise, but Arkansas has multiple lakes that would fit the bill and are very reasonably priced. Lakes you might consider are Norfork, Greers Ferry and Bull Shoals. They are all large (Up to 40,000 acres) and fishing is outstanding on the lakes. There...
by Nowizard
Tue Aug 13, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: Breakfast Menu After Retirement
Replies: 73
Views: 9215

Re: Breakfast Menu After Retirement

Yes, I began to eat breakfast and now enjoy Blueberries and yogurt with a cup of coffee.

Tim
by Nowizard
Tue Aug 13, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 13491

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

There are many reasons to check one's account that are not subject to the comments one knows will be posted regarding threads such as this one. A person may have made a withdrawal and want to see if it has been posted to their MM account, mailed in or wired additional assets, want to update their po...
by Nowizard
Tue Aug 13, 2019 8:12 am
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 90
Views: 5980

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

I think this issue involves the interaction between pragmatism and emotion. Planning for what happens when close family members die is emotional, and finances are an issue that is sensitive whether it be from the standpoint you mention or one where family members are possibly facing supporting other...
by Nowizard
Mon Aug 12, 2019 5:50 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 13491

Re: Wellesley 56.05% drop today

Technical issue, but not necessarily at Vanguard only since there are other financial sites that post the same drop. Most likely that other sites picked up the Vanguard data, however. Will make you reconsider your risk tolerance for sure. :happy

Tim
by Nowizard
Mon Aug 12, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 13491

Re: Wellesley 56.05% drop today

The vanguard site shows that drop on my accounts, and Yahoo does as well under Finance.

Tim
by Nowizard
Mon Aug 12, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 13491

Wellington Drop

Wellington shows a 31% drop today. What happened?

Tim
by Nowizard
Mon Aug 12, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6226

Re: My mortgagor wants to sell a slice of the land. Thoughts?

You could redo the lien. If selling, there would almost certainly have to be a survey and separation of the two acres from the remaining amount. Those expenses should not be yours, of course. If those holding your lien had a survey and separated the land, could prior payments then be attributed to c...
by Nowizard
Mon Aug 12, 2019 8:16 am
Forum: Personal Investments
Topic: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?
Replies: 67
Views: 6133

Re: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?

Ask if your risk tolerance has changed in a broader sense rather than based on your/others short-term market predictions. For example, would you go back to 95% stocks if market predictions were more bullish? If so, then you are market-timing, something you can do based on your choices even though no...
by Nowizard
Mon Aug 12, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: $3,400/yr seem reasonable for insurance? Reduce this cost???
Replies: 27
Views: 2483

Re: $3,400/yr seem reasonable for insurance? Reduce this cost???

Too much. Very low deductible on 600K house for $1,300 and $925 annually for 2015 4-Runner.

Tim
by Nowizard
Mon Aug 12, 2019 8:11 am
Forum: Personal Consumer Issues
Topic: Condo pool requires having an attendent on duty
Replies: 25
Views: 2969

Re: Condo pool requires having an attendent on duty

Having some familiarity with HOA's, it is our impression that they can make rules as voted on by the board so long as they do not discriminate or are challenged, since regulations can also be changed if owners follow guidelines for doing so. Some monitor very minor issues, other little or hardly at ...
by Nowizard
Fri Aug 09, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: NP degree worth the investment?
Replies: 62
Views: 5123

Re: NP degree worth the investment?

NP Association says average salary is $105,500.

Tim
by Nowizard
Thu Aug 08, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Quarterly taxes for newly retired
Replies: 14
Views: 995

Re: Quarterly taxes for newly retired

If you make payments sufficient to cover past failures within the same year, IRS has the option to forgo the penalty. TurboTax, for example, will notify you when you complete your return whether you have a penalty and give the choice of paying it or submitting the return and waiting for an IRS respo...
by Nowizard
Thu Aug 08, 2019 8:36 am
Forum: Personal Investments
Topic: Would like a more aggressive AA, but wait until a bear?
Replies: 26
Views: 2104

Re: Would like a more aggressive AA, but wait until a bear?

Assess whether your thoughts are reflecting temporary or lasting questions about your asset allocation to assure as much as possible that you are not performance chasing or reacting to market noise. Many would like to become more conservative if they did not need to take additional risk. Others who ...
by Nowizard
Thu Aug 08, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2106

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

Though there may be other factors such as your financial status, marital status, health, other responsibilities, now is the time to figure out what you really want to do with your career. Sounds like you have determined the area of focus, but there are always various ways to apply a skill set such a...
by Nowizard
Wed Aug 07, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Pontoon Boat Recommendations?
Replies: 25
Views: 1746

Re: Pontoon Boat Recommendations?

Based on our experience, I would recommend a used pontoon boat over a new one. They are like some other products that have strong, emotional appeal that turn out to be temporary. Circumstances can change, as well, making supply considerable, but more confusing in choosing. We purchased one similar t...
by Nowizard
Wed Aug 07, 2019 8:38 am
Forum: Personal Investments
Topic: Helping my CSRS parent navigate meeting with Raymond James CFP
Replies: 30
Views: 2508

Re: Helping my parents

It sounds like your dad has done a very good, definitely at least decent, job of managing finances. This is a new phase of investing as he moves from an accumulation to a preservation/withdrawal stage, so it is not unusual to want additional information. After all, you have registered here for the f...
by Nowizard
Tue Aug 06, 2019 4:18 pm
Forum: Investing - Theory, News & General
Topic: "When Will Smart Beta Be Smart?"
Replies: 28
Views: 1983

Re: "When Will Smart Beta Be Smart?"

Volatility is meaningless if you are holding for long time periods, in my opinion, but it could make you think your financial advisor knew something that justified his/her charges if it sounded astute.

Tim
by Nowizard
Tue Aug 06, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: How far to float before locking in mortgage...
Replies: 9
Views: 823

Re: How far to float before locking in mortgage...

Figure the loan amount and note at each rate. We locked in, for example, on a house that closed three months ago, also during a "Rates are going down" environment. Yep, it has, and it amounts to $8 monthly on a 150K loan. If the builder says he is on time, and that is within 60 days, even if it goes...
by Nowizard
Tue Aug 06, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: How many Years of Medical History/Records should a Patient Save?
Replies: 60
Views: 2789

Re: How many Years of Medical History/Records should a Patient Save?

Jebmike: Does your doc not have a web portal where test results with comments are posted for your review?

Tim
by Nowizard
Tue Aug 06, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: How many Years of Medical History/Records should a Patient Save?
Replies: 60
Views: 2789

Re: How many Years of Medical History/Records should a Patient Save?

I keep nothing after adding some data to an ongoing list. For example, I have a list of all lab results for cholesterol, HDL, LDL, Glucose ordered by date for 20 years. The information may be in the medical file, but it is not going to be compiled in a way that the doc can easily access it to review...
by Nowizard
Tue Aug 06, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Son got diagnosed with Dyslexia/Needs special Tutor. Can I use 529 funds?
Replies: 10
Views: 1158

Re: Son got diagnosed with Dyslexia/Needs special Tutor. Can I use 529 funds?

As a retired psychologist with a extensive experience in this area, it is important to note that how your child was diagnosed is significant in many aspects of school accommodations and insurance reimbursement. I do not know about 529 funds. "Dyslexia," is more often a term used by medical providers...
by Nowizard
Tue Aug 06, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Child with cancer
Replies: 10
Views: 2265

Re: Child with cancer

I cannot imagine a more unwanted finding and offer condolences. You have emotional and practical concerns to process and, probably, little time to do so. The best treatment possible is the primary concern. Without knowing the diagnosis or being a physician, it would be inappropriate to comment about...
by Nowizard
Sun Aug 04, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2306

Re: When taking RMD, better when market "high" or "low"

Since no one really knows when the market will go up or down, we just take ours early in the year. There are reasons some would not do this, but it makes it simple, a key trait to investing comfortably, particularly in retirement.

Tim
by Nowizard
Sun Aug 04, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: When investing is duplex, does one side HAVE to pay mortgage?
Replies: 3
Views: 395

Re: When investing is duplex, does one side HAVE to pay mortgage?

The goal is for income/depreciation/expenses, etc. to as predictably as possible exceed costs, regardless of the source (s) of income and deductions. In financial terms, a portfolio has some areas that perform better than others, but lesser performing areas may have an important role in the overall ...
by Nowizard
Sat Aug 03, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 4888

Re: Dentist: Is this acceptable?

In our area, the dentist always looks, and there is a separate charge for an oral examination for oral cancer or similar things. A dentist friend found one case of OC in more than 35 years of practice. Not sure this increases the charge for cleaning which is approximately $175 with two, bitewings an...
by Nowizard
Sat Aug 03, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: Used Car Recommendations for Active Retired Couple
Replies: 31
Views: 2003

Re: Used Car Recommendations for Active Retired Couple

If one has had larger SUV's but wants a smaller vehicle, it is difficult to consider a sedan with a lower profile, but also a challenge to consider a smaller SUV such as a CRV (My vehicle is a 4Runner now). Safety features are important, but it is somewhat like downsizing a home. You know the time h...
by Nowizard
Sat Aug 03, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: Day care vs nanny for child care
Replies: 62
Views: 3331

Re: Day care vs nanny for childcare

"Nanny" in the strictest sense conveys more than what we did. During early years, we started with the day care route, pretty quickly abandoning it, primarily due to the frequency with which our children would catch whatever was going around. Larger groups of children pretty much assure that some wil...
by Nowizard
Fri Aug 02, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 296
Views: 21751

Re: Social Security -- Take it at 62, 67 or 70

We took it at FRA which was 65 and 66 for us, not because we needed it but because we felt confident that the additional years of investing before age 70 would provide comfort if we need an infusion, but primarily due to confidence with investing the entire amounts until age 70. Appreciation of the ...
by Nowizard
Fri Aug 02, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Costa Rica travel
Replies: 20
Views: 1986

Re: Costa Rica travel

We stayed in the Arenal area and engaged a person from the airport to take us there for a very reasonable fee. We stayed at Si Como No, and loved it as much as Jimmy Buffet who reportedly stays (Stayed?) there several times. We had some concern about the travel since the same person was to return an...
by Nowizard
Fri Aug 02, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: New construction home value increased >70k during escrow
Replies: 10
Views: 1323

Re: New construction home value increased >70k during escrow

One consideration is that builders, at least in our area, list at a higher price than they are willing to sell, adding features such as irrigation, molding, upgraded flooring or appliances, etc. which reduces the paying price for the purchaser while maintaining the price offered. That approach resul...
by Nowizard
Fri Aug 02, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Sold Home - $300,000 Profit - Invest or Pay Cash For New House?
Replies: 58
Views: 5178

Re: Sold Home - $300,000 Profit - Invest or Pay Cash For New House?

Most suggest debt free, but it could be significant to consider whether you feel you are on track for your ultimate retirement funding. Interest rates are historically low, a reason some would invest based on the effort to increase assets. Tax laws have changed, so there could be less deduction of m...
by Nowizard
Fri Aug 02, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: Older used car with low miles or newer used car with higher miles
Replies: 37
Views: 2165

Re: Older used car with low miles or newer used car with higher miles

Like all things that have no certain answer, you determine what is important. Since the basic decision of used over new has been made, you have made your "Stock/bond" decision pertaining to ratio. After that, it is "asset choice." Personally, which asset to purchase (Toyota, Mazda, etc.) would be he...
by Nowizard
Thu Aug 01, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Phone for elderly hard of hearing?
Replies: 13
Views: 438

Re: Phone for elderly hard of hearing?

Definitely, use Bluetooth. It works extremely well. If he doesn't have a cell phone, perhaps there are those with Bluetooth that are inexpensive. Difficult to hear with a landline, particularly if calling/receiving calls from a business since many are not speaking perfect English.

Tim
by Nowizard
Wed Jul 31, 2019 10:33 pm
Forum: Personal Consumer Issues
Topic: Personal Trainer for Physical Balance
Replies: 52
Views: 3200

Re: Personal Trainer for Physical Balance

Alfaspider: Agreed that all of the areas mentioned should combine and was only meaning that a particular study did not positively support strength-training alone among healthy people who were not involved in the study due to reports of balance difficulty but due to age.

Tim
by Nowizard
Wed Jul 31, 2019 10:30 pm
Forum: Investing - Theory, News & General
Topic: What are the effects of the recent Feds Rate Cut?
Replies: 28
Views: 3828

Re: What are the effects of the recent Feds Rate Cut?

Spiritrider: I have to disagree. Psychology plays an issue in a given moment whether of the individual, the market or with an individual stock or fund.

Tim