Search found 2547 matches

by Christine_NM
Thu Jan 11, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: "Elderly" New Investor Requests Portfolio Critique
Replies: 11
Views: 910

Re: "Elderly" New Investor Requests Portfolio Critique

I was divided on whether to suggest reducing the 70% stock allocation significantly. I finally decided to suggest a 50% stock allocation at retirement. Reduce to 65% now, then gradually glidepath to 50% or so at retirement. Or to make life simple, use a Target date fund that will do that for you, al...
by Christine_NM
Wed Jan 10, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: "Elderly" New Investor Requests Portfolio Critique
Replies: 11
Views: 910

Re: "Elderly" New Investor Requests Portfolio Critique

I'm working on a reply but meanwhile, here's a bump to get others' attention.
by Christine_NM
Mon Jan 08, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 99
Views: 6072

Re: Hot Water Delay at faucet/shower far from water heater

I had a Grundfos recirc pump installed with my new water heater last month. Haven't got the bills yet, should be less water. I like actually having instant hot water instead of just pretending. Have not noticed any problem with fridge water -- I use the water dispenser more than before to cool down ...
by Christine_NM
Fri Jan 05, 2018 3:58 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5702

Re: Misuse of adverse

See this for the difference between averse and adverse, which actually makes sense even if its source is from 1906: https://www.etymonline.com/word/averse

Don't get me started, I could look up etymologies all day long. Fascinating.
by Christine_NM
Fri Jan 05, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need $$ in taxable?
Replies: 26
Views: 4041

Re: Do I need $$ in taxable?

You can only do tax-loss harvesting in a taxable account. I know this is not a big topic right now, but I'm still using up my realized losses from a few years ago. If you don't care about that, then a Roth is much the same as a taxable account (with no taxes). I think of my Roth as an agressive acco...
by Christine_NM
Tue Jan 02, 2018 4:06 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 141
Views: 8127

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Rows 189 and 190 on the spreadsheet are identical, both mine -- sorry about that. Feel free to delete one. Or delete both and I will resubmit the form.
by Christine_NM
Thu Dec 28, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6230

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

I have to laugh at the response to Jack's speculation that Vgd has gotten too big -- "He has not been CEO for over 20 years, " what does he know. That response is a better statement of the problem than asset size. Jack is not in management and the ethos is changing. Vgd has done great by me but I am...
by Christine_NM
Fri Dec 22, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 260
Views: 19953

Re: Do you see a meaningful change in your income with new Tax Bill?

According to taxplancalulator.com I will save $281 in fed tax for 2018. IOW, unch.

I'm working off a large charitable deduction carryover right now, so the effects won't be clear for several years. In 2019 I expect my bracket will increase from 22% to whatever the next one is.
by Christine_NM
Wed Dec 20, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48600

Re: Tax Bill Omnibus Thread

As a personal side note, it was this tax bill that drove me to pragmatically set up a DAF, but I experienced nearly overwhelming feelings of gratitude and humility after pulling the trigger on this large-scale (for me) gift. Even if it is really just lumping what I might have done anyway! :happy Ye...
by Christine_NM
Wed Dec 20, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48600

Re: Tax Bill Omnibus Thread

This is a good comparison of Schedule A before and after, published today in Forbes: https://www.forbes.com/sites/kellyphillipserb/2017/12/20/what-your-itemized-deductions-on-schedule-a-will-look-like-after-tax-reform/#79f5a236334b The article misses an important miscellaneous deduction for investo...
by Christine_NM
Wed Dec 20, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48600

Re: Tax Bill Omnibus Thread

This is a good comparison of Schedule A before and after, published today in Forbes: https://www.forbes.com/sites/kellyphill ... f5a236334b
by Christine_NM
Sat Dec 09, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8927

Re: Why is Vanguard switching all accounts to brokerage accounts?

Last month the upgrade button appeared on my Roth IRA along with the nag box about upgrading when I log in. I have 3 account registrations (taxable, traditional IRA, Roth IRA). I never imagined that the upgrade would happen with only one account reg at a time. I care absolutely nothing about doing t...
by Christine_NM
Tue Dec 05, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2500

Re: Medicare and retirement for high earner

As a DIYer in all respects except income tax, I did not know about IRMAA until it applied to me, when I got a nice letter from the SSA explaining about MAGI-based Medicare premiums. I adjusted quickly, because it is not too much to pay if you have the money. But I would be annoyed too if I had paid ...
by Christine_NM
Sun Dec 03, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: Suggested reading for Norwegian coast trip
Replies: 18
Views: 1052

Re: Suggested reading for Norwegian coast trip

Don't miss We Die Alone, trip or no trip. I read it years ago and it is one of those few books that you do not forget.
by Christine_NM
Sat Dec 02, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: How will i be taxed when switching jobs?
Replies: 25
Views: 1494

Re: How will i be taxed when switching jobs?

The amount of withholding tax is determined by how you fill out your w-4 with the new employer. You can add a couple of phantom dependents to reduce withholding as long as your 1040 is done correctly. Or you can wait for the refund. Your w-4 can be redone/fine-tuned throughout the year to control wi...
by Christine_NM
Fri Dec 01, 2017 8:57 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10844

Re: Price of haircut?

$50 + tax + $20 tip for shampoo, cut, blow-dry styling every 5-6 weeks. Average COL area. I could get it done cheaper or more expensively at other places.
by Christine_NM
Wed Nov 29, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: Investing for an elderly parent
Replies: 11
Views: 1046

Re: Investing for an elderly parent

Normally we might suggest a muni bond fund in a taxable account, but apparently there is some possibility that muni bond interest will not have the same tax-free status that it has had. I'd park it in cash for now and not be in a rush to invest if the return is not essential to her income.
by Christine_NM
Wed Nov 29, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7641

Re: Does it make sense to drop health insurance?

OP - I don't see the important number for the policy you would be using -- what is the maximum out of pocket annual cost to you and your family, after which insurance pays everything? If MOOP is 50k, for example, that is the most you would spend in any one year on healthcare. Compare that with the o...
by Christine_NM
Sat Nov 25, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 18332

Re: The fallacy of spending money on "experiences" vs hard assets

I read somewhere that TV and home theater are the neurological equivalent of sitting and staring at a blank wall. Most of your brain doesn't participate.

Experiences like vacations or just walks engage all your brain. Not to mention they are only time your kids will remember you outside of the home.
by Christine_NM
Fri Nov 24, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9463

Re: Regrets for taking SS at 62 or waiting?

The serious mistake would be to retire and immediately need all your income streams at once. Something has to be left alone to grow, whether SS, IRA, taxable or deferred annuity. No serious regrets here for taking at 62. It's a gamble, but if you have meaningful savings it's pretty low-risk. Yes, th...
by Christine_NM
Wed Nov 22, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6226

Re: Best vehicle for seniors?

I'm 74 and don't like to climb up too high to get in, nor do I want to sit too low. Seat height has to be just right. The best parts of my 2017 car that I would not have cared about 10 years ago are (1) the 16-inch wheels instead of 14-inch, (2) power seat controls for driver's seat, and (3) rear ca...
by Christine_NM
Wed Nov 22, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 12340

Re: Help DW gets fired, but then next day her boss offers her job back

barnaclebob - In my state it's hours cut only, that is, you become partially unemployed, you can file a claim. Then employer's costs go up a little.
by Christine_NM
Wed Nov 22, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 12340

Re: Help DW gets fired, but then next day her boss offers her job back

If she does not take the -25% "offer", she's quitting and the employer's state UI costs will not rise. The more claims an employer's former employees make, the more it has to pay into state UI. Maybe the boss didn't think about that when he hatched this scheme to replace her :? , and now cuts salary...
by Christine_NM
Sun Nov 19, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to take income from IRA?
Replies: 8
Views: 606

Re: How to take income from IRA?

I've worked out 2 rules for RMDs, they may be important to you or not. 1. For high-dividend and high-income funds, continue reinvesting fund distributions to get maximum return from the fund. 2. Transfer the RMD from a money market fund in the IRA to a mmf in a taxable account. To build up the RMD a...
by Christine_NM
Thu Nov 02, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Bank accounts and minors
Replies: 11
Views: 565

Re: Bank accounts and minors

Agree with CAsage, make a big deal of it. All parents and grandparents on deck if possible. Take her to a bricks and mortar credit union/bank and open a savings account. Give her the paperwork to keep. Tell her it will grow even if she does not add to it, but she can add more, like birthday money, i...
by Christine_NM
Fri Oct 27, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Warm Shirt for Winter
Replies: 41
Views: 4430

Re: Warm Shirt for Winter

Another vote for LL Bean's fleece-lined flannel shirts. Also, their merino wool cardigans are not bulky at all, and very warm. Those are my mainstays.

As for price, it's reasonable because nothing from Beans wears out. Hemming on other brands starts to unravel after a few washes.
by Christine_NM
Thu Oct 26, 2017 1:11 am
Forum: Investing - Help with Personal Investments
Topic: Should you rebalance when you’re in your seventies?
Replies: 25
Views: 2699

Re: Should you rebalance when you’re in your seventies?

LOL at 10 years life expectancy. That has been my personal life expectancy for the past 5 years. I can't make the leap to decreasing below 10. All we can say is, so far so good.

Most of my investments are in balanced funds so they take care of themselves.
by Christine_NM
Tue Oct 24, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is this "Earned Income," or not?
Replies: 43
Views: 2288

Re: Is this "Earned Income," or not?

Here's the issue as seen by Turbo Tax: https://ttlc.intuit.com/questions/2803243-my-daughter-made-a-few-thousand-dollars-of-horse-show-prize-winnings-but-the-entry-fees-were-in-total-greater-than-the-winnings Hobby expenses are a possible deduction up to prize winnings but subject to the "hobby loss...
by Christine_NM
Tue Oct 24, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Cold feet
Replies: 23
Views: 2534

Re: Cold feet

It took me a while to figure this out, but for me the feet are where I feel the cold, but the problem starts happening farther up on the legs. I therefore do a combination of tall wool socks and a base layer (sporty long undies, basically) under my pants. Likewise. Last winter I discovered I did no...
by Christine_NM
Sat Oct 21, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18860

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Yet another perspective -- single women are not a big target for financial advisors, so I rarely had anyone trying to sell me anything. Thanks to FA disinterest, I'm north of $2 mil just by saving, mostly into S&P 500 while working and now just use Bogleheads for ideas/keeping up. The idea that you ...
by Christine_NM
Fri Oct 20, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5683

Re: I have to fire someone that I care about personally

Sorry, gguy, but are you expecting your lead singer to carry a band that has no stage presence? Recent bands I've seen tend to have dirty hair, dress in rags, and look down at the floor. Hope that is not like you. You know that women can alter their appearance in remarkable ways. Have you talked abo...
by Christine_NM
Tue Oct 17, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 6201

Re: What do you buy in Asian food stores?

I buy Chinese goat and sable watercolor brushes that aren't sold in art supply stores at Talin Market (local asian market).
by Christine_NM
Mon Oct 16, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: fidelity netbenefits
Replies: 15
Views: 2233

Re: fidelity netbenefits

If you are eligible for a Roth, you could start one with a completion fund like VEXMX or a small or midcap fund. This would mean saving more. If you are relatively new to all this, it may not be a bad idea. You don't have to max everything out immediately but it is more potential tax-advantaged space.
by Christine_NM
Mon Oct 16, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage
Replies: 1
Views: 280

Re: Medicare Advantage

See page 5 of Medicare and You 2018. Probably the same for 2017 if you don't have the new one yet. It compares original Medicare and MA. Under coverage, it says MA plans must cover all of the services that original Medicare covers. (MA may add more, but can't offer less coverage.) See page 29 for Pa...
by Christine_NM
Mon Oct 16, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3505

Re: Bonus pushed back - should I be annoyed?

OP - Obviously the fairness explanation is hooey, or the global bonuses could be moved up to match NA timing. The accountants are busy making sure you stay afloat, and the PR dept is doing its best to think up explanations. IOW everyone is doing his job. There's no need to be annoyed. It would be si...
by Christine_NM
Sat Oct 14, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 3216

Re: Boston area Relocation...major decision points

Definitely rent at first, Boston area real estate is so pricey that rushing to buy could result in a very costly mistake. In something more OT, you couldn't pay me enough to go back to MA. There must be pockets of people I could relate to around the universities, but the provinciality and thought p...
by Christine_NM
Thu Oct 12, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 3216

Re: Boston area Relocation...major decision points

I'd start looking in Wayland MA for a rental house, if that will keep you away from the interchange. (I grew up near Wayland.) Looking at trulia.com there are $2500/mo rentals available. Wayland is not famous for anything but it is a nice small often-overlooked community. I'd stay away from the rich...
by Christine_NM
Tue Oct 10, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: Longterm Investing Renewable ETFs
Replies: 14
Views: 806

Re: Longterm Investing Renewable ETFs

Sloth -- Will you buy a global renewable-energy ETF? Which one? (I wrote "tiny sliver" because I was thinking of wind and solar, not nuclear. I can't find what your link considers to be renewable sources. Looks like it may include nuclear.) ETA - Site is definitely emphasizing hydroelectric -- is th...
by Christine_NM
Tue Oct 10, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Longterm Investing Renewable ETFs
Replies: 14
Views: 806

Re: Longterm Investing Renewable ETFs

We will need high-density energy (oil, nat gas) for our lifetimes. Renewables are a tiny percentage of all energy sources. If you must do this, an ETF that really covered the sector would help avoid picking the losers. The problem with sector bets is that you can only put a small percentage in them....
by Christine_NM
Sat Oct 07, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 12218

Re: VG wants everyone to transfer to a brokerage account?

I don't understand at all the security issues due to being somehow hacked because I didn't file my return until mid April. Please explain. Doc -- It's a security issue if your info is used to file a return in your name and ssn before you get around to it. Early filer gets the worm, so to speak, leg...
by Christine_NM
Sat Oct 07, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 12218

Re: VG wants everyone to transfer to a brokerage account?

Doc - I had a brokerage account within an IRA until 2016 (or 15, I forget), on the old platform. I always received all 1099s including 1099B in time to do taxes in early Feb. Any payment is due in April regardless of when you file the 1040. Do the security issues of hacked info used to file an early...
by Christine_NM
Sat Oct 07, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 12218

Re: VG wants everyone to transfer to a brokerage account?

... but I only see less functionality for me here. Other than the inability to direct dividends to another fund where is the "less"? 1099s received much later. With old platform I have taxes done before I'd receive the 1099s with a brokerage system. This is not just personal preference. It's become...
by Christine_NM
Fri Oct 06, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: Refund from Home Closing - 13+ years later (!?)
Replies: 12
Views: 1863

Re: Refund from Home Closing - 13+ years later (!?)

It's my experience that lawyers hold onto clients' checks until the payee requests them. It seems to be a point of pride not to volunteer payment even when the check has been written. I'd guess here that no one ever asked the RE lawyer for the refund and so never got it. Now maybe an office has clos...
by Christine_NM
Thu Oct 05, 2017 11:31 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4701

Re: Too much house? (nervous 1st time buyer)

"Too much house" means to me that it would be tough to resell if you changed your mind. The way I learned it, the best houses for resale value are the lower priced in the neighborhood. Too big a house for the neighborhood means buyers who want a big house are looking in other neighborhoods. If you a...
by Christine_NM
Tue Oct 03, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7947

Re: Peter L. Bernstein: Cash BETTER than Bonds

I just cashed in some I bonds from 2001 and they more than doubled in value. Still have some from 1999 and 2000. That is much better than beating inflation according to the BLS inflation calculator. I guess all cash is not created equal. Bank person offered to put it in my money market fund, but I s...
by Christine_NM
Sat Sep 30, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: My dad recently passed away and I need help with mom's IRA diversification (23.9% in a single stock)
Replies: 29
Views: 1557

Re: My dad recently passed away and I need help with mom's IRA diversification (23.9% in a single stock)

Mom might consider an eventual move from CVX (3.68% yield) to Wellesley Income (VWIAX, 2.9% yield) which has few stocks but one of them is usually CVX. I inherited some CVX, less than 10% so I held it until the oil bust a few years back, when the dividend stopped being raised every year. In my exper...
by Christine_NM
Fri Sep 29, 2017 12:47 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7817

Re: VG using outsourcing to call me & I'm not happy

All I can add is, y'all were warned in August to vote early so as to avoid the expense of repeated followups by phone and mail. The popup thing seems to be working OK, I voted very early and did not see it until I bought a new fund, then it showed up only for the new shares. After I voted it disappe...
by Christine_NM
Thu Sep 28, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: My first promotion without a pay increase
Replies: 47
Views: 5358

Re: My first promotion without a pay increase

Elsebet - This happened to me once when there was an overall restructuring of the company's hierarchy. I was offered a move from the tech ladder to a higher paid ladder, but there was no money to give me a raise until the next year. Everyone involved seemed embarrassed at this oversight since theore...
by Christine_NM
Thu Sep 28, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 7001

Re: I am in the investment advice industry and I'm not sure if I provide any value

Bucky - Most professions seem easy ("not worth 1%") to the professional and yet the service is necessary for nonprofessionals. So we trade areas of expertise by buying and selling services from each other, from cleaning service to medical care. You've got to do something, and if the client is willin...