Search found 628 matches

by Church Lady
Mon Jul 20, 2020 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: It is okay to spend money on depreciating assets?
Replies: 51
Views: 3644

Re: It is okay to spend money on depreciating assets?

OP, Another aspect of your question is how much use you will get from the jet ski. (I have no idea what a side by side is). When I was your age (Sorry about that! We geezers can't help but use that expression!), I didn't have enough vacation to use a jet ski, boat, motorcycle, or any other toy you c...
by Church Lady
Sun Jul 19, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Mom Has $2K Net Worth at 62 - Want to Help
Replies: 120
Views: 11191

Re: Mom Has $2K Net Worth at 62 - Want to Help

I've seen lots of good advice here, except for maybe the advice to buy a five year old used car. She may be leasing a car because she fears maintenance costs. And if you buy a used car, you buy someone else's problem. I used this calculator: https://cars.usnews.com/cars-trucks/car-loans-and-leasing/...
by Church Lady
Thu Jun 18, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Would you rent your house to a famous athlete?
Replies: 104
Views: 8055

Re: Would you rent your house to a famous athlete?

We have our house listed for sale. We would prefer to sell but if it does not sell we are open to the possibility of renting. Our agent just informed us a famous athlete is interested in renting our house. My concern is the individual is young and single. More than likely would have parties at the ...
by Church Lady
Thu Jun 18, 2020 10:13 am
Forum: Non-US Investing
Topic: Harry Browne - European PP
Replies: 73
Views: 2272

Re: Harry Browne - European PP

Hi, OP. To follow up: Since I hold an emergency fund that covers 1 year of expenses in a low interest deposit (Cash), there's no need to buy short term bonds, right ? They are trash this days, very low interest rates. The only reason to buy short term bonds or bank CDs these days is if you can impro...
by Church Lady
Wed Jun 17, 2020 7:08 pm
Forum: Non-US Investing
Topic: Harry Browne - European PP
Replies: 73
Views: 2272

Re: Harry Browne - European PP

Hi, I'm seeking advice to build an European Permanent Portfolio with 25/25/25/25 allocation. My plan is: 25% - Cash (Deposit low interest rate) 25% - Lyxor Euro Government Bonds 25y+ (Accumulating) 25% - iShares Physical Gold 25% - iShares Core MSCI World IWDA (Accumulating) Besides this I got an e...
by Church Lady
Tue Jun 16, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: Should I sell my stash of dental floss now worth $3,000?
Replies: 105
Views: 11105

Re: Should I sell my stash of dental floss now worth $3,000?

If you floss EVERY DAY and use 1 ft of floss each time, you have enough to last you nearly 50 years. Hmmn, more like a yard a day. If I were trying to be frugal! 18,000 feet/1 yard/365 days = 16.43 years. If I really liked the floss, and at my age, I'm not sure I would sell it. If my life expectanc...
by Church Lady
Tue Jun 16, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: Should I sell my stash of dental floss now worth $3,000?
Replies: 105
Views: 11105

Re: Should I sell my stash of dental floss now worth $3,000?

Don't sell it until you find a suitable quid pro quo. Good luck!
by Church Lady
Fri Jun 12, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Thinking of closing out my Vanguard Account
Replies: 55
Views: 6697

Re: Thinking of closing out my Vanguard Account

Every five years or so, I feel the need to walk into a brick and mortar branch of my broker or Credit Union. Misplaced my ATM card, so I had to get cash from the teller, so to the CU. Got a substantial check, so to my broker to deposit it. I totally get why you want to walk into a building. These si...
by Church Lady
Thu Jun 11, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: 2 cars, one driver. Should I sell one?
Replies: 45
Views: 3040

Re: 2 cars, one driver. Should I sell one?

Since you have decided to sell one of the cars .... is it easier to get one serviced than the other? I'd go for the one that is easier/cheaper to service.

I wanted a Mazda, but got a Toyota because I did not want to drive 1.5 hours to get my car serviced.
by Church Lady
Wed Jun 10, 2020 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating lump sum pension offer
Replies: 67
Views: 3576

Re: Evaluating lump sum pension offer

In my state, pension income enjoys certain legal protections, and is tax advantaged. Investment income and tIRA, 401K distributions are not. Have you looked into this? Here's a free calculator you should look at. www.i-orp.com. Click the Extended ORP tab and have at it. It can model things specific ...
by Church Lady
Fri Jun 05, 2020 11:01 am
Forum: Personal Consumer Issues
Topic: Productivity as an older adult
Replies: 13
Views: 1325

Re: Productivity as an older adult

Retired, and coasting. :D

Frankly, I was burned out. Eventually, I'll recover, but hopefully not to burn myself out again.
by Church Lady
Mon Jun 01, 2020 1:34 pm
Forum: Personal Consumer Issues
Topic: Selling a house - should it be staged or left empty?
Replies: 48
Views: 4221

Re: Selling a house - should it be staged or left empty?

I have no idea whether you should stage or not, BUT if you do go empty, do clean, patch, and paint every surface. Light, airy colors (not necessarily what you want to live with) that the buyer can paint over with their choice of color. I saw one empty home that had been freshly painted 100% white on...
by Church Lady
Mon Jun 01, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Same issuer, different preferreds. Is it a wash sale?
Replies: 2
Views: 234

Same issuer, different preferreds. Is it a wash sale?

Hi, I am currently holding a preferred stock, "X" series E, in my taxable account. I am down about 5.6% on this holding. The annual dividend is $1.59, callable October, 2021. The same issuer offers series D shares, annual dividend $1.75, callable March, 2022; and series F shares, $1.65 annual divide...
by Church Lady
Mon May 18, 2020 10:30 pm
Forum: Personal Consumer Issues
Topic: Choices of and precautions at hotels in this summer
Replies: 52
Views: 3117

Re: Choices of and precautions at hotels in this summer

A window or sliding door that opens would be very useful, as risk of infection increases in poorly ventilated spaces. Open that window and leave it open for your entire stay. The virus can be suspended in the air for hours, then tends to drop to the floor. Don't walk barefoot. Sanitize items you put...
by Church Lady
Mon May 18, 2020 8:23 pm
Forum: Personal Consumer Issues
Topic: Reel Grass Mower
Replies: 36
Views: 1972

Re: Reel Grass Mower

I have a Fiskars momentum reel mover I got at Lowes. It is self-sharpening. I don't think I would buy a reel mower that was not self sharpening. I am not the least bit athletic. My lawn is flat and not that big. When the weather is cold or mild, I really don't mind the exercise. As others have said,...
by Church Lady
Mon May 18, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Discarding old tax returns
Replies: 62
Views: 5586

Re: Discarding old tax returns

The tax booklet no one reads says the statute of limitations is seven years, but no limitation in the case of fraud. Since you could be accused of fraud without actually being guilty of fraud, you might want to keep that stuff forever. FYI, this is what the 2019 2040 instructions state: How Long Sh...
by Church Lady
Mon May 18, 2020 8:08 pm
Forum: Investing - Theory, News & General
Topic: Is this Harry's portfolio or not?
Replies: 2
Views: 478

Re: Is this Harry's portfolio or not?

Here is Harry Browne's portfolio: https://portfoliocharts.com/portfolio/permanent-portfolio/ https://www.investopedia.com/terms/p/permanent-portfolio.asp And here is Harry: https://harrybrowne.org/PermanentPortfolioResults.htm The portfolio you posted is an expensive mutual fund. You can roll your o...
by Church Lady
Mon May 18, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Discarding old tax returns
Replies: 62
Views: 5586

Re: Discarding old tax returns

Decades ago, I was advised to keep tax returns forever, although after a few years you could throw away the instruction booklet. The tax booklet no one reads says the statute of limitations is seven years, but no limitation in the case of fraud. Since you could be accused of fraud without actually b...
by Church Lady
Mon May 18, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 107
Views: 6464

Re: What kind of sunglasses?

Informative video about selecting sunglasses:

https://www.youtube.com/watch?v=97bMX7KV8d4
by Church Lady
Thu May 14, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Should stocks/bonds mix be based on goals, risk tolerance, or maximizing return?
Replies: 11
Views: 788

Re: Should stocks/bonds mix be based on goals, risk tolerance, or maximizing return?

Years ago, I read advice to this effect: unless you are pathologically aggressive, or pathologically conservative, you should let your time horizon guide your asset allocation. This made more sense to me than trying to predict my risk tolerance, so that's what I did. You won't know your risk toleran...
by Church Lady
Thu May 14, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8846

Re: Vanguard Mutual Fund Platform EOL

Still have not received any notice from Vanguard about switching over to brokerage account. Ever!
by Church Lady
Wed May 13, 2020 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: 30 vs 15 year mortgages in today's enviroment
Replies: 7
Views: 1142

Re: 30 vs 15 year mortgages in today's enviroment

I see three reasons you should go for the 30 year fixed rate mortgage with 20% down. 1) You have 25 years until retirement. That's a lot of time to put the difference between a 15 year mortgage payment and a 30 year mortgage payment to work. 2) Inflation. As you are aware, inflation pays your debt f...
by Church Lady
Wed May 13, 2020 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7611

Re: Does Delaying Social Security Deliver an 8% Return?

Delaying Social Security past your Full Retirement Age up until age 70 increases the payout by 8% in that interim. Delaying SS from age 62 to FRA increases the payout, but by a smaller percentage each year. You could alternatively say the payout reduction decreases as you approach FRA, and that is h...
by Church Lady
Wed May 13, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 11482

Re: Dentist charges $10 for PPE

Yes, they should be wearing PPE anyway. It is possible it does cost $10 to pay for PPE now as vendors of PPE are price gouging. This morning on TV I saw 10 "non medical" masks being advertised for $29 and change. In January, I picked up 10 of same from the $ store. Outrageous! You should call your i...
by Church Lady
Sat May 09, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17935

Re: Quitting a job after two weeks: relocation expenses

What did you think would happen? You were going to get 3x the pay and have the same amount of work as before? Thats not how it works. Do what others said...do not quit, let them fire you. Stop working 100 hour weeks. This is a good lesson. Grass is not always greener. Dagerous game getting fired wi...
by Church Lady
Sat May 09, 2020 3:39 pm
Forum: Personal Investments
Topic: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental
Replies: 14
Views: 1649

Re: Buy Home for Virus-Isolation, Tax Reduction, and Possible Rental

I was a renter for nearly 40 years. I am a home owner now. I feel safer from covid in my house than I would at any apartment I have ever lived in. But ... I would not go through the hassle and expense of buying, furnishing, maintaining a house if I only needed it for one or two years. You have money...
by Church Lady
Sat May 09, 2020 2:47 pm
Forum: Personal Consumer Issues
Topic: Rocks or Mulch?
Replies: 37
Views: 2100

Re: Rocks or Mulch?

I have Loriope. It is drought tolerant and gets no attention from me at all. It does spread, but not that quickly. You can keep up with it by pulling weeds. You can also mow it quite easily. Once in a while, the leaves get 'rust' which you cure by mowing it down, bagging leaves, and letting it grow ...
by Church Lady
Sat May 09, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17935

Re: Quitting a job after two weeks: relocation expenses

50K/1.2M = 4.16% of your net worth? It does seem steep, but probably cheaper than a major medical issue due to the demands of the job. I don't know whether you should tough it out or go. But if you do go, you can use covid-19 as an excuse for walking out on the job. "'The risk to my grandma wasn't w...
by Church Lady
Sat May 09, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17935

Re: Quitting a job after two weeks: relocation expenses

t the next harsh conversation with my boss, I’ll bring up that this perhaps isn’t working out and if there is a way I could be let go without suffering the repayment of the relocation expenses. Out of curiosity, about how much would it cost to walk out the door and repay the relocation costs? Never...
by Church Lady
Thu May 07, 2020 3:49 pm
Forum: Personal Consumer Issues
Topic: Is a locking mailbox necessary or helpful, or more hassle than it's worth?
Replies: 43
Views: 2355

Re: Is a locking mailbox necessary or helpful, or more hassle than it's worth?

When I lived in the big city, I had a P.O. box. Prescriptions would stay chilled in A/C or heated in Winter instead of braving the elements in my box. The P.O. holds packages safely for you. I could leave town for a week, and it was no big deal. The P.O. is required by law to hold your mail for 30 ...
by Church Lady
Thu May 07, 2020 2:50 pm
Forum: Personal Consumer Issues
Topic: Is a locking mailbox necessary or helpful, or more hassle than it's worth?
Replies: 43
Views: 2355

Re: Is a locking mailbox necessary or helpful, or more hassle than it's worth?

When I lived in the big city, I had a P.O. box. Prescriptions would stay chilled in A/C or heated in Winter instead of braving the elements in my box. The P.O. holds packages safely for you. I could leave town for a week, and it was no big deal. The P.O. is required by law to hold your mail for 30 d...
by Church Lady
Thu May 07, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: The Fed buying Corporate Bond ETFs
Replies: 90
Views: 5450

Re: The Fed buying Corporate Bond ETFs

SteadyOne - You're assuming Japan in the 1990s is like the U.S. today, without providing evidence for it. That was a question, not a statement. I am not very familiar with Japan bubble. Oh, I read it as a critique when that wasn't your intent. Japan kept refinancing bad loans, so the day of reckoni...
by Church Lady
Thu May 07, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 10026

Re: How Do Early Retirees Pay for Medical

I buy retiree health insurance from my former employer. First COBRA, then retiree health insurance. I'm guessing you don't have that option as you did not mention it. Every year the retiree health insurance covers less, and costs more. If I weren't doing Roth conversions, I'd probably go for ACA and...
by Church Lady
Wed May 06, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: The Fed buying Corporate Bond ETFs
Replies: 90
Views: 5450

Re: The Fed buying Corporate Bond ETFs

Certain holders of ETFs can exchange shares for the underlying holdings, and vice versa. Arbitragers do this all the time which is what keeps an ETF from trading like a closed end fund. Here is an article about it: https://www.investopedia.com/articles/investing/032615/how-etf-arbitrage-works.asp I ...
by Church Lady
Wed May 06, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 299
Views: 19053

Re: So what are you cooking

Canadian Hot Dog soup. Inquiring minds would like to know what makes the hot dog soup Canadian? :D Googling the phrase brings up only a single link to this same thread. Hot Dog Soup is a thing. Canada is a thing. I am familiar with Campbell's Canadian Pea soup (which is yellow, not green). I had my...
by Church Lady
Fri May 01, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 299
Views: 19053

Re: So what are you cooking

I made Canadian Hot Dog soup. Substitute beans for corn and potatoes to keep the glycemic load down. I was able to use up milk and part of a jar of too-hot salsa. It is easy, tasty and filling, but probably not the most healthful dish you could make. Before April, I probably hadn't had hot dogs in 2...
by Church Lady
Mon Apr 27, 2020 3:24 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 20314

Re: Why am I even saving for retirement?

Will SS benefits cover all of your spending in retirement? I thought that you lived in a HCOL area. Would SS benefits still cover all of your spending in retirement if they were reduced by ~20% from 2035 forward, the SSA's most recent estimate? $94k (most of which is untaxed) with COLA should be go...
by Church Lady
Fri Apr 24, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: Federal Reserve scraps transfer count limits on savings accounts
Replies: 41
Views: 3588

Re: Federal Reserve scraps transfer limits on bank savings accounts

I'm more worried about this part of the article: In March, the Fed scrapped its reserve requirements for bank accounts as part of a broader effort to keep funds flowing to businesses and households amid the pandemic. Previously, banks were required to hold a certain amount of reserves against funds ...
by Church Lady
Thu Apr 09, 2020 11:45 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56985

Re: How to get Toilet Paper ? seriously.

Not sure funding for a study is forthcoming any time soon but I humbly suggest the following experiment: A) Dip a hand in, say, mud. Wash off with garden hose. B) Dip a hand in mud. Wipe off with toilet paper. C) Compare results of A and B. +1, also compare the wastage/ environmental impact. Why wo...
by Church Lady
Thu Apr 02, 2020 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10923

Re: Are your personal expenses down during stay home and shelter?

Not really. I'm not going to exercise class so not getting coffee on the way to class. That saves $2 per week. Big whoop! Cooking at home for a household of one saves maybe $1 - 2 per meal over take-out food. Better than a sharp stick in the eye, but I'm also running the stove and dish washer more o...
by Church Lady
Thu Apr 02, 2020 10:56 am
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56985

Re: How to get Toilet Paper ? seriously.

I have had a bidet for over a year (no power required) and won't be going back. I'm surprised this crisis hasn't turned more people to bidets, as other people said they are more hygienic, cheaper and better for the environment. Lining up for toilet paper is ridiculous. I looked into getting a bidet...
by Church Lady
Mon Mar 30, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: Security for unoccupied home.
Replies: 24
Views: 1521

Re: Security for unoccupied home.

I had a house I visited on and off for years. I had one light come on for a few hours at night. I liked driving up to a lit house so much I have continued the habit even though I am in the house full time now. However, I don't think the lone light at night fools anyone. Your house still looks empty....
by Church Lady
Mon Mar 30, 2020 10:03 am
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56985

Re: How to get Toilet Paper ? seriously.

I have had a bidet for over a year (no power required) and won't be going back. I'm surprised this crisis hasn't turned more people to bidets, as other people said they are more hygienic, cheaper and better for the environment. Lining up for toilet paper is ridiculous. I looked into getting a bidet...
by Church Lady
Sat Mar 28, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8590

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

There will never be deflation. It cannot be allowed to exist. And yet the Feds effort to increase inflation to hit 2% hasn't worked, and then you have Japan, which has also tried to prevent it, but failed. Now the typical response to that is, "The USA isn't Japan, we can't have deflation here." I'm...
by Church Lady
Sat Mar 28, 2020 4:51 pm
Forum: Personal Investments
Topic: Share what worked in your plan during the crisis
Replies: 103
Views: 7149

Re: Share what worked in your plan during the crisis

I was very glad I had stocked paper goods (such as TP), sanitizer, and canned goods. It's good to have a stock pile. Make note of things you can't buy today; that is what to stock. Oddly enough, in my neck of the woods, the only meat products available are hams and seafood. Everything else is picked...
by Church Lady
Tue Mar 24, 2020 2:36 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56985

Re: How to get Toilet Paper ? seriously.

Useful life skill .... how to make tp from newspaper.

https://www.youtube.com/watch?v=pNy16E-_PWo

He doesn't say so, but when you're done using it, put it in the waste basket.
by Church Lady
Mon Mar 16, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: Gold is taking a monster hit
Replies: 64
Views: 5553

Re: Gold is taking a monster hit

Who the hell is worried about inflation? Oh, I am. :( Have you noticed the massive amounts of :dollar the government is throwing at this problem? Do you believe, for example, private labs like Quest and Labcorp are testing for covid 19, free, out of the kindness of their hearts? Or are health insur...
by Church Lady
Sat Mar 14, 2020 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Planned to pay off debt, now wondering if liquidity is more important.
Replies: 37
Views: 3247

Re: Planned to pay off debt, now wondering if liquidity is more important.

https://www.marketwatch.com/story/student-loan-borrowers-could-get-a-temporary-break-on-payments-amid-coronavirus-financial-fallout-mnuchin-says-2020-03-13 I'd look into this before I paid more towards the student loans. You could keep the payment the same and ask to credit the extra towards the loa...
by Church Lady
Fri Mar 13, 2020 7:09 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 195771

Re: Coronavirus state closures thread

Mako wrote:
Fri Mar 13, 2020 6:25 pm
Maryland public schools are closed the next two weeks. Gatherings of over 250 people are banned. All the major colleges I know of are having online only classes.
Governor Hogan has activated the National Guard. He did not say what role they would play. Twelve confirmed cases.