Search found 706 matches

by Herekittykitty
Thu May 21, 2020 4:33 pm
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3419

Re: Do you dislike recurring billing for gyms?

The YMCA doesn't require auto pay where I live. Check with yours and see what they offer.
by Herekittykitty
Fri May 15, 2020 10:10 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10378

Re: Please tell me I'm not crazy

OP, The issue is not whether you should sell the stock. The problem is your emergency fund is too small. KlangFool Perhaps – but I'd counter by saying that I've deliberately chosen to invest my rainy day fund in order to seek higher returns. And yes, there's an increased level of risk associated wi...
by Herekittykitty
Sat May 09, 2020 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 1852

Re: Very Low Student Loan Interest Rate - Invest Instead?

Here's a link to the Boglehead Wiki article on paying down loans versus investing. You may find it helpful to read the perspective of the article and also the "talk page" linked to at the top of the article. https://www.bogleheads.org/wiki/Paying_down_loans_versus_investing Note that at the top of t...
by Herekittykitty
Sat May 09, 2020 4:17 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?

Hair salons are opening up on a limited basis where I live. I'm not going to be at the forefront of checking them out. I'm a female. Once my hair got long enough, a nice brushing then up in a ponytail with a ponytail band. If my ponytail gets longer, that's fine. Sometimes I just brush it out and le...
by Herekittykitty
Sat May 09, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 1852

Re: Very Low Student Loan Interest Rate - Invest Instead?

Is it one loan for $140,000 or is that the sum of several loans that could be paid off separately?
by Herekittykitty
Thu Apr 30, 2020 10:09 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8124

Re: Mother has only $85K to sustain her

Realizing that this question is just plain nuts, but just brainstorming: If your mother wants to stay in the house and if the potential selling price of the house is low enough and if the condition/cost of maintaining the house favorable, and if the mortgage payment would be low enough compared to ...
by Herekittykitty
Sun Apr 26, 2020 1:14 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8124

Re: Mother has only $85K to sustain her

Realizing that this question is just plain nuts, but just brainstorming: If your mother wants to stay in the house and if the potential selling price of the house is low enough and if the condition/cost of maintaining the house favorable, and if the mortgage payment would be low enough compared to r...
by Herekittykitty
Sat Apr 25, 2020 5:05 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8124

Re: Mother has only $85K to sustain her

…….After my stepfather passed away his children made my mother find a new place to live. She has only $85,000 in cash and is 78 years old. Her expenses exceed income by $500 per month. In order to make it last as long as possible I recommended she rent an apartment in order to generate income from ...
by Herekittykitty
Sun Apr 19, 2020 7:21 pm
Forum: Personal Consumer Issues
Topic: Convince me - for or against bigger home
Replies: 92
Views: 5456

Re: Convince me - for or against bigger home

m@ver1ck wrote:
Sat Apr 18, 2020 10:57 am
......After reconfigurations this weekend - we’ll have
A) master bedroom
B) kids room
C) office/prayer
D) guest
That looks really good.

Enjoy the time you have at home and that you aren't spending on the increased commute.

:happy
by Herekittykitty
Sun Apr 19, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: When do you walk away from whole life insurance?
Replies: 31
Views: 3560

Re: When do you walk away from whole life insurance?

If you bought both term and whole life, it is possible you and your wife decided that you needed the total amount of insurance that you bought. Before you do anything you and your wife should figure out how much insurance on each of your lives you want/need to have and how long you want/need to have...
by Herekittykitty
Sun Apr 12, 2020 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment vs. work at Amazon warehouse/CA
Replies: 84
Views: 5872

Re: Unemployment vs. work at Amazon warehouse/CA

I would look at it strictly from the point of view of safety. I don't know of a more important criterion than safety. Is it certain she will be able to meet the physical demands of the Amazon job without sustaining injury? Is it certain she will be as safe from contracting Covid-19 if she takes the ...
by Herekittykitty
Fri Apr 10, 2020 5:22 pm
Forum: US Chapters
Topic: Update - we did it! THANK YOU
Replies: 15
Views: 2081

Re: Update - we did it! THANK YOU

....Thanks! I’ve been saving for my daughters college since she was in utero. It might have been smarter to use the money to pay off my own loans but I thought getting a good start and the magic of compound interest was important - we’ve already saved $10k. I hope to instill the values to suggest. ...
by Herekittykitty
Fri Apr 10, 2020 10:22 am
Forum: US Chapters
Topic: Update - we did it! THANK YOU
Replies: 15
Views: 2081

Re: Update - we did it! THANK YOU

Two years ago I reached out for advice on personal finance strategy and I was strongly encouraged to pay off my husband’s and my student loans which were about $40k. It took us two years but we finally did it!! Thank you for making the suggestion as the extra cash flow is very helpful as we prepare...
by Herekittykitty
Sun Apr 05, 2020 11:13 am
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?

Female with medium length hair that I wear down and that grows fast.

Now - ponytail.
by Herekittykitty
Sat Mar 28, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Changing from Survivors to Own Benefit
Replies: 9
Views: 522

Re: Social Security - Changing from Survivors to Own Benefit

dbr, that site looks great but I don't think it works if you have a newer Medicare card without a Social Security number. That's what I have, and the numbers and patterns don't fit with the descriptions on the site in a way that I can figure out. I didn't keep my old Medicare card so I can't refer t...
by Herekittykitty
Sun Mar 22, 2020 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Upside down car: advice [car loan]
Replies: 57
Views: 2919

Re: Upside down car: advice

Keep the car. He is familiar with it and knows what kind of care (hopefully good) it has been getting. Take good care of it and plan on keeping it a long time past when it is paid off. Move closer to work or get a job closer to home. Increase income. That could be by getting a better paying job, add...
by Herekittykitty
Sun Mar 22, 2020 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - personal loan or credit card balance transfer
Replies: 36
Views: 1508

Re: Advice needed - personal loan or credit card balance transfer

I have a very dark question, if I were to die does my wife get saddled with my debts? We have some debt together, a personal loan and a mortgage, but would she be held responsible for my personal credit card debt? Take good care of yourself and she should take good care of herself. Love long and pr...
by Herekittykitty
Sat Mar 21, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Changing from Survivors to Own Benefit
Replies: 9
Views: 522

Re: Social Security - Changing from Survivors to Own Benefit

I just have Medicare A right now. IIRC I got Medicare A at age 65 (whenever it was required to do to avoid penalties) and I know I got Social Security survivor benefits at age 66. So wouldn't that mean the Medicare was on my own record? I have health insurance through work but am likely to retire sh...
by Herekittykitty
Sat Mar 21, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Changing from Survivors to Own Benefit
Replies: 9
Views: 522

Re: Social Security - Changing from Survivors to Own Benefit

Thanks for the info and suggestions and the thought and time to reply. Bogleheads are the greatest! I'd forgotten that I could be asked if I want benefits retroactively and that I should answer "No" if I don't want my monthly payment reduced forever. Yikes. I want to do this in person so if they ask...
by Herekittykitty
Sat Mar 21, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Changing from Survivors to Own Benefit
Replies: 9
Views: 522

Social Security - Changing from Survivors to Own Benefit

Age 69, will be 70 shortly. I started survivor's (widow) benefits at age 66 and kept working. Benefits on my record will be greater than survivors benefits. My plan had been to get an appointment and go to a Social Security office in person along about now to do the change. But the offices are not o...
by Herekittykitty
Sun Mar 15, 2020 12:56 pm
Forum: Personal Investments
Topic: student loan interest frozen- invest or pay off loans?
Replies: 19
Views: 845

Re: student loan interest frozen- invest or pay off loans?

..... I didnt mention 401k because I am already funding that automatically. I dont even think about it. I am referring only to taxable accounts. Good in my opinion that you are fully funding your 401k. You may want to consider fully funding an IRA (Roth if you qualify which you might, otherwise tra...
by Herekittykitty
Sun Mar 15, 2020 10:22 am
Forum: US Chapters
Topic: Where is Livesoft!?
Replies: 147
Views: 27545

Re: Where is Livesoft!?

.....I was pretty dismayed over Larry leaving the forum and yes I did give thought to leaving. I'm a miscellaneous person who is grateful for the wonderful people here and the education and support provided. I was sorry to see Larry go. I miss him. I'm sorry to see that Livesoft hasn't been posting...
by Herekittykitty
Sun Mar 15, 2020 10:15 am
Forum: Personal Investments
Topic: student loan interest frozen- invest or pay off loans?
Replies: 19
Views: 845

Re: student loan interest frozen- invest or pay off loans?

Should I invest or pay off loans? I have 120k in student loans at 6.8%. Interest rates frozen. Stocks dropped. Should I buy the dip or pay of the debt? What if interest rates are only for 2 months? What if 6 months? Right now I pay about 4-5k a month in student loans. I 'only' have to pay about 760...
by Herekittykitty
Sun Feb 16, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Relative laid off - need advice
Replies: 29
Views: 5106

Re: Forced early retirement with minimal asset - please help with planning

COMMENTS: First: Good for your relative for maintaining stable employment for 19 years with a company and only facing job loss due to the company shutting down. Good for him for having the job skills to be valuable to the company for those years. Good for him for having the 401k and cash savings. An...
by Herekittykitty
Sat Feb 15, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to consider quitting my job?
Replies: 128
Views: 14070

Re: Am I crazy to consider quitting my job?

This is a personal decision. For me: If I were in your situation with a great 3 day a week job that I loved, that doesn't intrude on home life when not at work, great hours, and great benefits I would look at it like this: I could do a lot of meal planning and taking care of household duties in the ...
by Herekittykitty
Fri Jan 24, 2020 7:31 pm
Forum: US Chapters
Topic: Happy Birthday Taylor! 96 years young!
Replies: 139
Views: 4025

Re: Happy Birthday Taylor! 96 years young!

Happy birthday to a fine gentleman whom I have never met but who has helped me immeasurably.

Best wishes to you, Taylor.
by Herekittykitty
Tue Jan 21, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 116
Views: 11321

Re: Career change at 47

OP, Take 2 weeks' vacation. Go to the mountain and/or beach. Cut off the noise. Spend some time listening to yourself. Find out what you want out of your life. KlangFool Believe me I've tried. Been thinking of this for a while now. Just trying to get others perspectives, which is helpful. No other ...
by Herekittykitty
Mon Jan 13, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Family member with almost no retirement savings or assets, what to do?
Replies: 55
Views: 7420

Re: Family member with almost no retirement savings or assets, what to do?

Expenses 2000/month, SSDI 2000/month, plus extra income more than 100% of this for now, with implication of more to come, plus savings. His financial situation is quite good! He has some savings. I would suggest saving every bit of what he can for future emergencies. I would not suggest the expense...
by Herekittykitty
Mon Jan 13, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Family member with almost no retirement savings or assets, what to do?
Replies: 55
Views: 7420

Re: Family member with almost no retirement savings or assets, what to do?

Expenses 2000/month, SSDI 2000/month, plus extra income more than 100% of this for now, with implication of more to come, plus savings. His financial situation is quite good! He has some savings. I would suggest saving every bit of what he can for future emergencies. I would not suggest the expense...
by Herekittykitty
Mon Jan 13, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Family member with almost no retirement savings or assets, what to do?
Replies: 55
Views: 7420

Re: Family member with almost no retirement savings or assets, what to do?

If his ex wife had higher earnings then he may be able to get a larger Social Security amount based on her income when he switches over to Social Security retirement income.. I don't know how that works with SSDI but he might check with the Social Security office to get the details of what his opti...
by Herekittykitty
Sun Jan 12, 2020 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse diagnosed with cancer. Financial steps?
Replies: 38
Views: 6158

Re: Spouse diagnosed with cancer. Financial steps?

Keep your own life insurance in force. See a lawyer about guardianship arrangements for your child and make sure the chosen guardian/guardians agree. See if Social Security benefits if any are available for her now and for you and your child later if any. Don't make any assumptions on this. If she h...
by Herekittykitty
Sun Jan 12, 2020 3:53 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg Will Revive ‘Wall Street Week’
Replies: 38
Views: 4429

Re: Bloomberg Will Revive ‘Wall Street Week’

When I play the program on my TV screen there is a constantly moving thick horizontal strip across the bottom of the screen with market prices and a moving thick vertical strip on the right side of the screen with news. So distracting I can't watch the program. I'm going to have to make a cardboard...
by Herekittykitty
Sun Jan 12, 2020 12:40 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg Will Revive ‘Wall Street Week’
Replies: 38
Views: 4429

Re: Bloomberg Will Revive ‘Wall Street Week’

When I play the program on my TV screen there is a constantly moving thick horizontal strip across the bottom of the screen with market prices and a moving thick vertical strip on the right side of the screen with news. So distracting I can't watch the program. I'm going to have to make a cardboard ...
by Herekittykitty
Sat Jan 11, 2020 11:41 am
Forum: Personal Investments
Topic: 70 Years Old, $50000 to invest
Replies: 14
Views: 2270

Re: 70 Years Old, $50000 to invest

.....I'm actually my grandmothers grandson -- I wrote the OP as her, she wanted to get some 'expert advice' on the matter...... .....I hope no one thinks its weird that I'm my grandmothers grandson (18) looking into advice for her. It took a lot of convincing to get her into this fund, and tell her...
by Herekittykitty
Sat Jan 11, 2020 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Possible Career Change
Replies: 10
Views: 1028

Re: Possible Career Change

......My family has a long history of serving (military and LEO), so that does push me a bit. I don’t want to feel like I missed out on something. The joys of approaching middle age :) You just answered your own question. :D (Besides - job security and benefits including pension.) Do it.
by Herekittykitty
Sat Jan 11, 2020 9:45 am
Forum: Personal Investments
Topic: Inherited lump sum... What do I do?
Replies: 41
Views: 2077

Re: Inherited lump sum... What do I do?

..... My understanding is that it is guaranteed for the duration that there is money in the account. I'm not quite sure what you mean by "guaranteeing the principal or only interest rate" sorry I'm new to all this finance stuff. I will have to reach out to the agent that set up the life insurance b...
by Herekittykitty
Sat Jan 11, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: Bloomberg Will Revive ‘Wall Street Week’
Replies: 38
Views: 4429

Re: Bloomberg Will Revive ‘Wall Street Week’

Thanks for the info. Worth a look to see if it is really a revival of the original in quality, better, or worse.

I can't get into the link provided but looked and it is playing here this morning (Saturday) on the Bloomberg channel at 9:00 AM CST.
by Herekittykitty
Sat Jan 11, 2020 8:37 am
Forum: Investing - Theory, News & General
Topic: Need advice on investing in stocks (for a dummy)
Replies: 7
Views: 592

Re: Need advice on investing in stocks (for a dummy)

Read this: "If You Can," it is the second book down in the link below. Made available online for free by the generosity of the author, William Bernstein, who is an expert in the field. (If you like books to hold in your hand you can buy the book on Amazon or likely elsewhere.) It is short and easy t...
by Herekittykitty
Sun Jan 05, 2020 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10229

Re: Medical school at 34 - Is this financial suicide?

Look at the time and expense to get through medical school, internship, and residency. Compare this to the time and expense to get through nursing school followed by school to become a nurse practitioner. Compare the actual work you would do as a practicing physician with the actual work you would d...
by Herekittykitty
Sat Jan 04, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: CNBC Nightly Business Report cease production in Dec 2019
Replies: 123
Views: 7436

Re: After almost 30 years I need a replacement. Where is the best place to get business news on the net that you can wa

I watched NBR a few times a week depending on time, just because I liked it. I liked the business news, the interviews, and the general camaraderie and I especially liked that I couldn't detect a political opinion one way or the other. I learned more about the country and the world from a business p...
by Herekittykitty
Fri Jan 03, 2020 7:45 pm
Forum: Personal Investments
Topic: Social Security Spouse Death Benefits Decision
Replies: 20
Views: 1638

Re: Social Security Spouse Death Benefits Decision

Condolences on your loss. I loss my husband unexpectedly some years ago. Losing a spouse is hard. Take care of yourself and realize getting through this takes time and takes compassion for yourself and the loved ones, including your sons. And it takes mental energy. My first advice is to take your t...
by Herekittykitty
Tue Dec 31, 2019 7:15 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6565

Re: Ok so I think I have a plan after a month of learning investing

OP (thelateinvestor43): Don't go to fast. It is a lot better to keep your money in a savings account earning nothing or next to nothing than to forge ahead before you understand what you are doing and why you are doing it. If you take 6 months or even a year to do anything that is just fine as long ...
by Herekittykitty
Mon Dec 30, 2019 1:46 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6565

Re: Ok so I think I have a plan after a month of learning investing

A few preliminary comments and questions, not listed in any particular order. 1. I would like to congratulate OP for his responsible management of the inheritance from his grandmother. He paid off his credit card debt and bought outright a 2009 low mileage Suburu Forster in good shape. He has socked...
by Herekittykitty
Mon Dec 30, 2019 1:10 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6565

Re: Ok so I think I have a plan after a month of learning investing

I'm going to list things out so I can see them better. I'm happy to edit in or correct as needed and as more information is available. OP DATA: Single, no kids. Age 46 (nearly 47). Will qualify for Social Security retirement benefits No pension from past or current employers. Inheritance of $90,000 ...
by Herekittykitty
Fri Dec 27, 2019 7:40 am
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12095

Re: Age 62 - just lost job - seeking advice

......I agree his withdrawal rate is unsustainable but nowhere did he say his expenses were actually $4700? I only count $1950 in fixed expenses (thanks Herekittykitty), leaving $1350 in room for other expenses. In a LCOL like FL they can easily downsize to that level of spending, if they chose to....
by Herekittykitty
Thu Dec 26, 2019 7:17 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12095

Re: Age 62 - just lost job - seeking advice

I organized the information the best I could. If I got anything wrong I'll be happy to edit in the corrections. If I missed something tell me & I'll edit it in; I'll do the same if OP provides more information/clarification. Him: 62 yo. Lost job. Her: 55 yo. Not working. State of residence: Florida...
by Herekittykitty
Thu Dec 26, 2019 9:13 am
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12095

Re: Age 62 - just lost job - seeking advice

…... Paying off the credit cards is great advice..... At a minimum, use your HELOC to pay them off, assuming you still have access and the interest rate on the heloc is lower...… Paying debt is about getting rid of debt and reducing risk. In this case with the information we have, it seems very lik...
by Herekittykitty
Sun Dec 15, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Car financing denied after 2 weeks
Replies: 131
Views: 7356

Re: Car financing denied after 2 weeks

This thread is interesting and helpful at least to me. The OP may not be benefiting from it (or may, who knows) but I am.

I hadn't heard of yo-yo financing, spot delivery and the implications of such, and so on. I've never financed a car but might some day and I'm learning a lot.
by Herekittykitty
Sat Dec 14, 2019 1:25 pm
Forum: Personal Investments
Topic: Pay Student Loans before Starting Taxable Investments?
Replies: 44
Views: 1807

Re: Pay Student Loans before Starting Taxable Investments?

I'm also a doc. I think your plan is reasonable. It is a good compromise that gets done what you want to get done in a reasonable time. It will be easier too, now that you have decided on a good plan that makes sense to you in accordance with good principals (there could have been other good decisio...