Search found 2497 matches

by Christine_NM
Thu Sep 21, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: POD & IRA
Replies: 7
Views: 473

Re: POD & IRA

Is it accurate that a POD is not allowed or necessary on IRA accounts and that beneficiaries on these IRA accounts have the same effect? Effectively, yes. There is more to it than that, but it accomplishes the same upfront goal that you desire - keeping the accounts out of your estate when you die....
by Christine_NM
Tue Sep 19, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1053

Re: Vanguard for non-resident aliens

HC - Any other brokerage will offer Vanguard ETFs. The popular ones are Fidelity, Schwab, eTrade. If you have a bank account at a bank with an associated brokerage you might start there, like Wells Fargo and WellsTrade. You will have to compare a few and see who will take you and which one offers th...
by Christine_NM
Tue Sep 19, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1053

Re: Vanguard for non-resident aliens

You can invest in low-cost Vanguard (or other) ETFs at any brokerage. Try waiting until your tax situation is settled and then look for a brokerage that is willing to do business. Can you not get help from other H1Bers who have gone before you to see if there is a trick to this? As far as I know I ...
by Christine_NM
Tue Sep 19, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1053

Re: Vanguard for non-resident aliens

You can invest in low-cost Vanguard (or other) ETFs at any brokerage. Try waiting until your tax situation is settled and then look for a brokerage that is willing to do business. Can you not get help from other H1Bers who have gone before you to see if there is a trick to this?
by Christine_NM
Thu Sep 14, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5229

Re: "Fear of Finance?" AARP interview with Jack Bogle

Mr Bogle said on page 57 of the magazine.....If you have a return of 7 percent but paid the manager and wall street 2 percent, you'll make 5 percent...... You put up 100 percent of the cash, took 100 percent of the risk and got 33 percent of the return. [/u] Was that possibly a typo?? Shouldn't it ...
by Christine_NM
Tue Sep 12, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees-anyone miscalculate how much was needed?
Replies: 71
Views: 8700

Re: Retirees-anyone miscalculate how much was needed?

I spent $31k in 2005, my first year of retirement. This year I am on track to spend twice that. It's still less than my retirement income, so no problem. The portfolio is intact, waiting for me to get really old. I do not buy a lot of stuff the way you do when younger and forming a household. As men...
by Christine_NM
Fri Sep 08, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 636
Views: 38356

Re: Equifax customer information leak

I used this link https://www.equifaxsecurity2017.com/ new today. To get instant feedback on impact, hit the "potential impact" button. Says that equifax believes I was not impacted. I looked at my equifax and transunion credit reports yesterday and there were no new cards or accounts listed. Interes...
by Christine_NM
Thu Sep 07, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5629

Re: Wife believes 7+% returns from stock market are guaranteed

'if the market guarantees 7+% returns why do people deposit money in banks for the bank to loan at 4%'. Mostly because of the FDIC insurance. Once you have a few million in stocks and bonds, adding more doesn't make much difference. Might as well keep it where it will not get lost. If you make a po...
by Christine_NM
Wed Sep 06, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5629

Re: Wife believes 7+% returns from stock market are guaranteed

Who says that because they lend at 4% they do not also invest at 7% or whatever the market return is? Awhile back the Glass-Steagall Act of 1932 prevented commercial (FDIC insured) banks from taking risks in the stock market. That was repealed and it did not take long for banks to get themselves int...
by Christine_NM
Mon Sep 04, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor
Replies: 22
Views: 1955

Re: Vanguard Personal Advisor

Leave it in Total Stock Market.

One of my favorite sayings is, money is like soap, the more you handle it, the less you have.

You've invested it. Now let it grow and go out and find more money to invest.
by Christine_NM
Tue Aug 29, 2017 11:17 pm
Forum: Investing - Theory, News & General
Topic: First article I've read against indexing that seems convincing
Replies: 40
Views: 5669

Re: First article I've read against indexing that seems convincing

Less R&D and fewer IPOs correlate better with the increase in M&A. Why invent it or start it if you can buy it?

For example, Whole Foods disappeared into Amazon this week.
by Christine_NM
Mon Aug 28, 2017 6:59 pm
Forum: Forum Issues and Administration
Topic: Log In Change
Replies: 10
Views: 670

Re: Log In Change

If you get the long version of the title text, refresh the page. Site defaults permanently to the short one-line version. Probably not the best location for a text field, but easy to get rid of. Lady Geek posted this fix and it worked for me.
by Christine_NM
Sun Aug 20, 2017 11:08 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13357

Re: I own no international stocks. Can you guess why?

Three guesses: 1. You got tired of paying more for lower returns. 2. The Dollar Index is falling a bit so International is more expensive to buy now. (That's not a reason to sell though.) 3. You are considering your heirs' and your portfolios as one. They have a lot more international than 20% so yo...
by Christine_NM
Tue Aug 15, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant liable for penalties?
Replies: 33
Views: 3364

Re: Accountant liable for penalties?

This reminds me of my mother's final tax return. She died in March 2008, with not enough income to trigger the need to file a tax return. I did the taxes as I usually did for her, but did not file and paid no estimated tax, her usual method. However there were some stock sales (at a loss) in early 2...
by Christine_NM
Mon Aug 07, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from Medicare Cost to Original/tradional medicare?
Replies: 5
Views: 633

Re: Switching from Medicare Cost to Original/tradional medicare?

You sent me reading about MC in general and the Kaiser Medicare Plus in particular. First red flags are the Kaiser plan has a $400 drug deductible before it pays anything on meds, then offers no donut hole coverage. Your information/conclusion is incorrect. My Kaiser Medicare Cost plan, for which I...
by Christine_NM
Mon Aug 07, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Switching from Medicare Cost to Original/tradional medicare?
Replies: 5
Views: 633

Re: Switching from Medicare Cost to Original/tradional medicare?

You sent me reading about MC in general and the Kaiser Medicare Plus in particular. First red flags are the Kaiser plan has a $400 drug deductible before it pays anything on meds, then offers no donut hole coverage.
by Christine_NM
Thu Aug 03, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3422

Re: MIL wants to move in with us

bottlecap -

I'm not sure what you are objecting to in my post. Let's stick to OP situation and not fight amongst ourselves.
by Christine_NM
Thu Aug 03, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3422

Re: MIL wants to move in with us

If your wife is willing to care for MIL, your kids, and all the pets, not to mention feed you, I don't see how you can say no without being selfish. If everyone agrees it doesn't work once you've tried your wife's plan, there's always the Home. :( But for now, make sure FIL is OK. It can be very dan...
by Christine_NM
Thu Aug 03, 2017 12:04 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23846

Re: A poll: How much money do you need to retire?

staythecourse wrote: In your world there is not one blue collar worker that is retired then? They are either unemployed, between jobs, disabled, or dead?
That's right. Not one is fully retired or likely to be so.
by Christine_NM
Wed Aug 02, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23846

Re: How much money do you need to retire?

Sorry, guys, those days are gone for today's wannabe retirees. Seems like everything that advances a person now first sets you back way too much, so the gain is minimized. What do you mean by this? Mainly I was thinking of educational opportunities and the rise of student debt. Also, the loss of em...
by Christine_NM
Wed Aug 02, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23846

Re: How much money do you need to retire?

For a different perspective, I'm looking backward at how much I spent during the first 13 years of retirement, from 12/2004 till now. Estimating 40k/yr expenses plus net new house price and annuity purchase and one-time medical expenses, I've spent a little over 1M so far, or 80k/yr. Doing OK, still...
by Christine_NM
Thu Jul 27, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 29
Views: 5465

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

I can't make out the Global Wellesley stock benchmark. Prospectus says 35% "FTSE Developed High Dividend Yield Index" but there is no such index. (Google search returns 1 hit -- the prospectus itself!) It must be FTSE All-World High Dividend Index? Editing errors don't fill me with confidence. I wan...
by Christine_NM
Sat Jul 22, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8726

Re: Can anyone convince me I need international stock in my portfolio?

^^ Gary - Active funds like W&W don't have fixed allocations to international. They buy the stocks they want, within their allowed limits, and then calculate their foreign holdings percentage as an afterthought, not as a goal. At least that is my impression because the percentage changes so drastica...
by Christine_NM
Wed Jul 19, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3136

Re: Indoor activities for a 3-year-old

Swimming lessons? At a pool or a pond.
by Christine_NM
Mon Jul 17, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Question on When to Take Social Security
Replies: 14
Views: 1393

Re: Question on When to Take Social Security

Are your parents still working? If so, it would be better to work longer to pay off the debt rather than dip early in Social Security.

I am a big fan of no debt going into retirement and, once retired, not acquiring any more debt.
by Christine_NM
Sun Jul 16, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3575

Re: Thinking out loud

Don't do this. Simple is hard.

You sound like you think you are missing out on something. So if you forget to rebalance a couple of times, and creep up to 65% stock, that's not so bad :) .

You can always downshift back to 60% later, or the market will do it for you. :shock:
by Christine_NM
Sat Jul 15, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: what's your secret to cleaning inside car windows?
Replies: 47
Views: 3750

Re: what's your secrete to cleaning inside car windows?

Distilled white vinegar bought by the gallon, diluted about 3 parts water to 1 part vinegar. Wipe on and off tinted window inside or outside with microfiber cloth. I don't need abrasion if I do it often enough. Don't get pure vinegar on the paint.
by Christine_NM
Sun Jul 09, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821087

Re: What Book Are You Currently Reading? Part VI

Since this month is the bicentennial of Jane Austen's death, I am going on a binge-read of her 6 novels. Then maybe a biography. Five of them are in well-reviewed editions annotated by David Shapard. I have read them all starting in high school, but the annotations will add a lot. The movies and TV ...
by Christine_NM
Tue Jul 04, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle Strikes Back!"
Replies: 3
Views: 1783

Re: "Jack Bogle Strikes Back!"

Thanks, Taylor. Happy 4th! The issue of publicly traded mutual fund companies becoming too expensive for mutual fund buyers to own reminds me of healthcare providers vs. patients and insurers. Or, how do we define what a normal profit is for a business? Do we just let the market go to the moon? (I t...
by Christine_NM
Thu Jun 29, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Lending people "things"
Replies: 28
Views: 1730

Re: Lending people "things"

Sell the Thing to your half brother. If you ever need it again, borrow it from him (takes guts) or rent one.
by Christine_NM
Mon Jun 26, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Making the jump from Edward Jones
Replies: 41
Views: 3676

Re: Making the jump from Edward Jones

Maybe someone who has made the same move recently could tell you which is better, sell the funds and move cash to Vanguard, or transfer the funds in kind to Vanguard. You'll need to compare the sales commission at Vanguard vs EJ. I transferred in cash eons ago from another broker but I did not have ...
by Christine_NM
Sat Jun 24, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821087

Re: What Book Are You Currently Reading? Part VI

I'm reading American Sickness: How Healthcare Became Big Business and How You Can Take It Back by Dr. Elizabeth Rosenthal, pub. 2016. Basically, it explains why there are so many medical billing questions on this forum. So far I have read about the MBAifying of doctors, hospitals, pharma, and medica...
by Christine_NM
Tue Jun 20, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Helping elderly Grandma with investing 270k - VTINX?
Replies: 26
Views: 1690

Re: Helping elderly Grandma with investing 270k - VTINX?

Ah, Alzheimers. My sympathies. Definitely lots of cash (more than 15k -- her care expense will only go up) and maybe $150k CDs. Plan for Medicaid.
by Christine_NM
Tue Jun 20, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Helping elderly Grandma with investing 270k - VTINX?
Replies: 26
Views: 1690

Re: Helping elderly Grandma with investing 270k - VTINX?

Yes, family can be the worst enemy. Is she on board with investing in 30% stocks? What does she usually do?

I would keep that money in CDs and a money market fund at a convenient bank
if I were 89 and that was what I had.

It is probably enough, so why risk it for more that she does not need?
by Christine_NM
Fri Jun 16, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 5980

Re: Favorite Feature of Vanguard Website?

The part I use most often is single fund information - tabs for overview, price & performance, portfolio & management, distributions, etc. I like the clarity and the fact that this section has survived a few site overhauls intact. Makes me feel like I know what I own. I do too. But I've fou...
by Christine_NM
Fri Jun 16, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 5980

Re: Favorite Feature of Vanguard Website?

The part I use most often is single fund information - tabs for overview, price & performance, portfolio & management, distributions, etc.

I like the clarity and the fact that this section has survived a few site overhauls intact. Makes me feel like I know what I own.
by Christine_NM
Mon Jun 05, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Favorite Thriller Authors and Why
Replies: 54
Views: 9310

Re: Favorite Thriller Authors and Why

Donald Westlake Sara Paretsky Dennis Lehane Karin Fossum Louise Penny Sue Grafton Jussi Adler-Olsen Hard to say why. These authors have series I've followed and enjoyed. I like interesting characters, local color, comic relief, a well-managed plot, and not a lot of gratuitous violence. IOW I like cr...
by Christine_NM
Sat Jun 03, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Does someone 60+ need more than 10 years expenses in FI?
Replies: 39
Views: 4296

Re: Does someone 60+ need more than 10 years expenses in FI?

TL- I don't look at expenses vs. FI because I am not positive what the next 10 years' expenses will really be. They could be very modest or extremely high if I become disabled in some way. I aim for a fixed dollar amount in stocks and in bonds, and the rest goes to cash. That works out to an asset a...
by Christine_NM
Fri Jun 02, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund holder - do I need intl?
Replies: 52
Views: 3628

Re: Balanced index fund holder - do I need intl?

Mr Bogle made the most incisive comment about international in a video about a year ago (which I have lost track of, sorry). Maybe someone can provide a link? He said to be sure of your own reasons for whatever allocation you have to international, zero or higher. Listen but ultimately you have to k...
by Christine_NM
Mon May 29, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: How long before I can cut down a branch with a nesting bird
Replies: 18
Views: 2257

Re: How long before I can cut down a branch with a nesting bird

Is it one of those large mourning doves, looks like a beige pigeon? If so, they are stubborn once they find a place to sit, even with no eggs. This spring one sat in a pine tree with no nest, just a matted bed of dropped pine needles in the branches. I cleaned out the needles and it seems to be gone...
by Christine_NM
Mon May 29, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7445

Re: Avoiding Taxes with RMD

It does not really matter where the money comes from but this seems like the easiest way to me. I get all legal necessities (taking the RMD and withholding safe harbor amounts) done in one annual transaction. Easy for record keeping. This seems like a nice simple approach. Do you follow through and...
by Christine_NM
Fri May 26, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7445

Re: Avoiding Taxes with RMD

Christine, How do you manage (where do you "put") RMD proceeds to withhold for taxes - how does this satisfy the government need for estimated taxes or withholding on the source? With Vanguard RMD service you can set the RMD federal and state withholding percent to whatever will cover you...
by Christine_NM
Fri May 26, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Are middle-aged breadwinners getting a raw deal?
Replies: 20
Views: 3118

Re: Are middle-aged breadwinners getting a raw deal?

LOL (long story, don't ask). Tell the family what you want to do in specific terms. Say you want regular Saturday hiking or whatever. Tell the family nicely but firmly that is what will happen. Invite them along, but you will go alone if they refuse. They will adjust. I think it is called tough love...
by Christine_NM
Thu May 25, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 7445

Re: Avoiding Taxes with RMD

I agree with Celia. The time has come to pay the piper. This is no surprise for you, only an attitude adjustment. Three things affect my tax situation most: First, I use part of my RMD to withhold all state and federal taxes for the year. I can skip estimated taxes or withholding on my sources of in...
by Christine_NM
Thu May 25, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: Debit card use
Replies: 5
Views: 802

Re: Debit card use

I've used a debit card for everyday shopping for years with no problem. I use a credit card for higher value or unusual purchases. No difference to me, but once I tried to pay a Bank of America fee (for someone else, not me!) with a credit card, but they would only take a debit card tied to a person...
by Christine_NM
Wed May 24, 2017 9:24 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 65
Views: 7789

Re: Should I drink or sell my Pappy 12 year?

Trade it for a bourbon Scotch you know you would enjoy but don't normally buy?
by Christine_NM
Tue May 23, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: More assistance & help with 73 Father In Law - planning
Replies: 11
Views: 1078

Re: More assistance & help with 73 Father In Law - planning

Like Paul, my first thought is skip the small cap value and include that amount with Total Stk Mkt. Too many funds for too little money. Not sure I agree with FIL that more than 100k annuity is worse than putting 125k in stocks where you could actually see a 40-50% decline, or more likely a 20-30% d...