Search found 907 matches

by DesertDiva
Mon Apr 16, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Higher bond allocations with riskier bonds
Replies: 10
Views: 1371

Re: Higher bond allocations with riskier bonds

This strategy seems very un-Bogleheadish to me. I would re-read concepts related to Indexing and Asset Allocation - then revisit the reason for including bonds in your portfolio before considering this strategy.
by DesertDiva
Mon Apr 16, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: If home prices decline but mortgage rates keep rising
Replies: 28
Views: 4460

Re: If home prices decline but mortgage rates keep rising

Great advice offered here - my only suggestions are to 1) know what your goals are and see where the house purchase fits into your plans, and 2) see what you might be able to afford with a 15-year mortgage instead of a 30-year.
by DesertDiva
Mon Apr 16, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 25605

Re: BH travel tips?

Here are my personal guidelines - what I do is: use one suitcase or carry on piece, which forces me to question the utility and necessity of everything I pack. assume each item of clothing will be worn twice and limit myself to 2 or 3 colors that will coordinate. ensure that clothing is travel-frien...
by DesertDiva
Mon Apr 16, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 9206

Re: Costco gas

I “drive out of my way” in the sense that there are closer gas stations ⛽️ but it’s in an area where I frequently shop. I will go to a closer station if I have an urgent need. When we travel, I always see if there are Costco gas stations along the way. The savings are substantial, esp in California....
by DesertDiva
Fri Apr 13, 2018 6:04 pm
Forum: Personal Investments
Topic: Fund to pick for Roth IRA
Replies: 5
Views: 962

Re: Fund to pick for Roth IRA

Our Roths are also at Fidelity invested in: Fidelity Total Stock Market Index Fund Premium Class (FSTVX) ER 0.035% Fidelity Total International Market Index Fund Premium Class (FTIPX) ER 0.10% Another option is to start with Fidelity Four-In-One Index Fund (FFNOX), which has an ER of 0.11%, exposur...
by DesertDiva
Fri Apr 13, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 5684

Re: Unaffordable prescription drug

After years spent trying more affordable drugs (if you count $1200 a month as affordable), I'm left with no treatment options other than a drug that costs $1000 per WEEK. It would be on top of other drugs that are already costing me over $1000 a month. My insurance won't cover it understandably, an...
by DesertDiva
Fri Apr 13, 2018 11:53 am
Forum: Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 7207

Re: Alternative website for those in lower tax brackets?

You should google "FIRE blogs" and follow a few of them. The acronym stands for "Financial Independence / Retire Early" and is a essentially a sub-category or -genre of the investment community. There are lots of blogs and podcasts in that space, and because of a frugal/minimalist slant as well as ...
by DesertDiva
Thu Apr 12, 2018 10:19 am
Forum: Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 7207

Re: Alternative website for those in lower tax brackets?

Thanks to all for your replies and suggestions. I can see I should have been careful in naming the subject of my post. Guess I should have said low net worth rather than low tax bracket! Plenty of high net worth people started with a low net worth. If I did not value the information and wisdom of t...
by DesertDiva
Thu Apr 12, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 44133

Re: Is there a such thing as a blue collar Boglehead?

I think the most I ever made was around $65k a year. Still, I saved a big part of what I earned and invested it.
That’s what a true Boglehead would do, regardless of income level. It’s more about what you keep than what you make.
by DesertDiva
Wed Apr 11, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 5241

Re: Am I being unreasonable?

No you are not. If this a matter of bragging rights, then convince her that she will ultimately be better off when you buy a house with a 20%+ down payment, and have your mortgage paid off in 15 years. That will be the better brag. And kiddo will be just fine.
by DesertDiva
Mon Apr 09, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 5584

Re: Active Adult Retirement Communities

The Villages in middle Florida https://www.thevillages.com/ I have heard of The Villages but have never been there. Sounds like a wild place if half this stuff is true (and this is just a sampling): https://nypost.com/2009/01/25/retire-to-the-bedroom/ http://www.slate.com/articles/life/florida/feat...
by DesertDiva
Mon Apr 09, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 5584

Re: Active Adult Retirement Communities

I am looking for suggestions from Bogleheads as to nice Active Adult Retirement Communities in Florida and Arizona that we might want to consider? We enjoy golf, walking, bicycling, pickleball, and socializing. We want to keep our housing expense under $500k. Thank you. Wickenberg Ranch is nice, bu...
by DesertDiva
Mon Apr 09, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: Home Safe vs Safety Deposit Box
Replies: 84
Views: 25946

Re: Home Safe vs Safety Deposit Box

3. The best bargains for safes seem to be the big gun safes like those currently on sale at Costco. I'm not really looking to store guns or valuables, mainly just to use the safe as good place to store documents and materials that we don't want to lose or misplace (photo albums, etc.). The one disa...
by DesertDiva
Mon Apr 09, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 21019

Re: Parents have zero savings. What can I do?

I can't believe how many people are saying to let them drown. Forget how this will impact your marriage - how can anyone do that in good conscience? Helping does not necessarily have to mean forking over tens of thousands of dollars, nor should it. It could be as simple as setting them on a sound f...
by DesertDiva
Sat Apr 07, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Home Purchase Advice
Replies: 13
Views: 2767

Re: Home Purchase Advice

Consider what you can buy with a 15-year mortgage instead of a 30-year mortgage.
by DesertDiva
Thu Apr 05, 2018 11:55 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 19834

Re: What can we learn from secret millionaires.

What can we learn from secret millionaires. I've been reading about & studying secret millionaires for years now. It has been a very interesting & informative study. I've shared many article's about millionaires...here is some more. Enjoy... https://www.dailyworth.com/posts/2556-what-we-can-learn-f...
by DesertDiva
Thu Apr 05, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 134
Views: 17852

Re: Tequila and Magaritas

A close friend of mine has worked in the bar industry most of his life. He has a lot of knowledge on cocktails, beer, wine and cuisine. He offered to make margaritas for my bachelor party and they were fantastic. He gave me the recipe and I have made them several times for guests: Get a tall pitche...
by DesertDiva
Thu Apr 05, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 134
Views: 17852

Re: Tequila and Magaritas

I always use Cointreau as my triple sec, out of habit, and because I like to sip it straight on occasion. I don't like mixes (corn syrup); instead I squeeze a combination of grapefruit, oranges and limes and add some tonic water to taste. Here's what I remember :mrgreen: from the tequila tasting tou...
by DesertDiva
Thu Apr 05, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at houses... Realistic price range?
Replies: 21
Views: 4269

Re: Looking at houses... Realistic price range?

Something to consider: find something a little less expensive and get into a 15 year mortgage instead of 30 year.
by DesertDiva
Thu Apr 05, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Any way to raise credit score 3 points in a month?
Replies: 16
Views: 1758

Re: Any way to raise credit score 3 points in a month?

Don't pay late. Get a copy of your report and challenge anything that is in error. I recently subscribed to Credit Karma and discovered someone opened an account in my name, made a purchase, and this appeared as "past due" on my credit report. After some phone calls to dispute, the account was close...
by DesertDiva
Mon Apr 02, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 148
Views: 19755

Re: Is anyone putting money aside into Gold?

t885 wrote: Mon Apr 02, 2018 6:30 am
spectec wrote: Sat Dec 16, 2017 10:33 am I think lead is a better investment than gold. If the worst case situation ever develops, having enough lead will increase your odds of keeping your gold.
I couldn't agree more....
I personally buy ramen noodles 🍝 :D
by DesertDiva
Fri Mar 30, 2018 2:23 pm
Forum: Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 9945

Re: Max-funding an Index Universal Life policy to the IRS limit??

1. Read Jack Bogle's book "The Little Book of Common Sense Investing".
2. Read Taylor Larimore's book "The Boglehead's Guide to Investing"
3. Read the Bogleheads.org wiki page on Life Insurance.
by DesertDiva
Fri Mar 30, 2018 7:46 am
Forum: Personal Investments
Topic: Co-worker told me 401k/403b is a bad idea.
Replies: 52
Views: 7289

Re: Co-worker told me 401k/403b is a bad idea.

I wouldn't take retirement advice from anyone who is in their 70's and NOT retired. So, advice from both Jack Bogle and Warren Buffett is out? :wink: Aside: three of our four parents worked part-time well into their 80's. Not because they had to, but because they loved it and couldn't get enough of...
by DesertDiva
Fri Mar 30, 2018 12:08 am
Forum: Personal Investments
Topic: Co-worker told me 401k/403b is a bad idea.
Replies: 52
Views: 7289

Re: Co-worker told me 401k/403b is a bad idea.

MNGopher wrote: Thu Mar 29, 2018 7:52 pm I wouldn't take retirement advice from anyone who is in their 70's and NOT retired.
+1. Exactly! She obviously doesn’t have much financial savvy 😜
by DesertDiva
Thu Mar 29, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 9987

Re: Vanguard in the WSJ today

Thanks for sharing. I was considering moving my ira from Vanguard to Fidelity. Now I have to wonder if they will mangle the transaction... :shock:
by DesertDiva
Wed Mar 28, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 6284

Re: Cosign college loan for sibling?

I appreciate the emotional side of this issue. But seriously s - so much can go wrong as a co-signer and you have your own family to take care of!
by DesertDiva
Wed Mar 28, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 5084

Re: Los Angeles Condo Purchase Advice

I would move to another state, elope, and pay cash for a house (given the parental help), but that’s just me.
by DesertDiva
Wed Mar 28, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Home Security
Replies: 26
Views: 3353

Re: Home Security

Another equally important safety consideration— security when away from the house. Keep cars maintained, esp tires (rotated, inflated). Adhere to the maintenance schedule. Keep gas above 1/2 tank at all times. When my husband is out of town, I do not advertise I’m home alone other than trusted famil...
by DesertDiva
Wed Mar 28, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 15948

Re: New 2019 RAV4 is now out - looks good

jebmke wrote: Wed Mar 28, 2018 10:42 am I have a 2008 RAV4 with the swing-out rear hatch (and spare mounted outside) instead of the flip up. I plan to hold onto it as long as possible.
Smart! I’m also hanging on to my older RAV4 with low miles.
by DesertDiva
Wed Mar 28, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 16458

Re: Not going to be buying chicken for a while...

Alexa9 wrote: Tue Mar 27, 2018 6:48 pm I always use thighs: boneless skinless for stews or bone-in skin-on for baking. They are juicy. Breast meat has always seemed dry to me unless cooked perfectly.
I buy thighs at Costco and brine them in salt water before cooking.
by DesertDiva
Wed Mar 28, 2018 8:54 am
Forum: Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2350

Re: Advice for retirees.. who writes this stuff!?

Plenty of Marketwatch pieces are total garbage. Not all, but certainly enough that they have become a "not to depend on" source of information. I like the Moneyist column. Otherwise I find MW to be a collection of lists (e.g. “Top 5 things to do in retirement”) and random articles from various sour...
by DesertDiva
Mon Mar 26, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Home Security
Replies: 26
Views: 3353

Re: Home Security

Go to a local thrift store and buy a pair of men’s size 14 shoes. Keep them near the door while you are away.

Get a barking dog alarm instead of a real dog. Keep a large dog bowl of water next to the men’s shoes.

Keep the garage door closed when not in use
by DesertDiva
Sun Mar 25, 2018 12:42 am
Forum: Personal Consumer Issues
Topic: Need Help Solving A House Smell Mystery
Replies: 49
Views: 9692

Re: Need Help Solving A House Smell Mystery

I had a “funky smell” issue at a previous residence. After weeks of investigation I traced the source down to the filter in the range hood in the kitchen. After cleaning it with a vinegar/water solution, the odor was gone.
by DesertDiva
Wed Mar 21, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: conversation about finances/spending with significant other?
Replies: 33
Views: 3299

Re: conversation about finances/spending with significant other?

Growing up, I always heard "you never marry someone who you didn't date first..." My suggestion to you is to read Quentin Fottrell's column on marketwatch.com: https://www.marketwatch.com/the-moneyist Read through some of the stories - eye opening insight into how money plays into (and can mangle) r...
by DesertDiva
Wed Mar 21, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 294
Views: 34945

Re: What have you baked recently?

Blueberry scones... here's a recipe I like:
https://www.kingarthurflour.com/recipes ... nes-recipe
by DesertDiva
Mon Mar 19, 2018 4:44 pm
Forum: Personal Investments
Topic: How to Get Started Investing In The Right Direction.
Replies: 9
Views: 960

Re: How to Get Started Investing In The Right Direction.

Hello Kevin here, I'm a new member. Just found this site. I started reading a book called The Bogleheads Guide to Investing Second Edition. Can anyone give me some advice on where to start making investments? I started a Traditional IRA Brokerage Account and a Roth IRA Brokerage Account through the...
by DesertDiva
Mon Mar 19, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Retire at 38?
Replies: 118
Views: 15595

Re: Can I Retire at 38?

assistca1 wrote: Mon Mar 19, 2018 4:15 pm We also stand to inherit about 2 million from our parents in the next 10 years.
Please don't make this a factor in your retirement planning. It may not work out as you expect.
by DesertDiva
Wed Mar 14, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 588
Views: 51910

Re: [What UN-frugal thing do you do? What do you splurge on?]

I have both an Amazon Prime membership AND a Costco Executive membership... living large! :twisted:
by DesertDiva
Wed Mar 14, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 11427

Re: traveling to mexico, should I be concerned?

I would exercise the same level of caution as I would in any large U.S. city, e.g., Chicago, Baltimore, Phoenix, Detroit, Orlando, etc. Been to Mexico 3 times in the past 18 months without incident.

Enjoy your trip.
by DesertDiva
Wed Mar 14, 2018 8:56 am
Forum: Personal Investments
Topic: New invester need help
Replies: 8
Views: 753

Re: New invester need help

Invest early and often
by DesertDiva
Tue Mar 13, 2018 3:45 pm
Forum: Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 11682

Re: Dave Ramsey on Bonds

It pays to read widely and keep an open mind. Your own comfort zone is very important. Your age and obligations to others are important. Your experience is important as is your past outcomes in your decision-making thought process. One suggestion you might consider is to read articles by Christine ...
by DesertDiva
Fri Mar 09, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: I need to sell some stock now for a looming expense, right?
Replies: 28
Views: 3195

Re: I need to sell some stock now for a looming expense, right?

Maybe consider if "private school tuition" truly aligns with your financial goals. I assume this isn't college. Do you live in a horrible school district, or have a child with special needs? I'm not being judgmental, but wonder if pulling 30k out of a 110k account is really a necessity. Do you other...
by DesertDiva
Fri Mar 09, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 5029

Re: Advice re: Flat Fee Real Estate Brokers.

Contrary to what some of the posters think, almost everyone uses their own agent (buyer's agent) when buying where I live and I believe that practice is widespread in the US. FYI, a person who drives you around to look at houses is not a Buyer's Agent. They are simply a agent who hopes to sell you ...
by DesertDiva
Fri Mar 09, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: As a home buyer, do you use your own realtor or agent?
Replies: 25
Views: 3241

Re: As a home buyer, do you use your own realtor or agent?

I was the only person in the thread who mentioned an industry connection - but I'm no longer in the business. I'm a former agent. I've also had my fair share of purchases as a consumer, so I know both sides of the coin. When people go to an open house and write Zillow, Trulia, etc., it means they fi...
by DesertDiva
Fri Mar 09, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 5029

Re: Advice re: Flat Fee Real Estate Brokers.

Contrary to what some of the posters think, almost everyone uses their own agent (buyer's agent) when buying where I live and I believe that practice is widespread in the US. FYI, a person who drives you around to look at houses is not a Buyer's Agent. They are simply a agent who hopes to sell you ...
by DesertDiva
Fri Mar 09, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 5029

Re: Advice re: Flat Fee Real Estate Brokers.

Disclaimer: I'm a former real estate agent - not active in the business anymore. If you are a buyer, contacting the listing realtor is a terrible idea, because the listing agent works for the seller and has a fiduciary responsibility to represent them in the transaction. They won't reveal informati...
by DesertDiva
Thu Mar 08, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 5029

Re: Advice re: Flat Fee Real Estate Brokers.

I think I priced the homes accurately. With online data available now, it is not that hard if you have enough data. How did you price your homes? Did you use the estimates on Zillow and Trulia? Did you do a comparative analysis of recently sold properties? And if so, what sources did you use? Thank...
by DesertDiva
Thu Mar 08, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 5029

Re: Advice re: Flat Fee Real Estate Brokers.

Disclaimer: I'm a former real estate agent - not active in the business anymore. I don't understand why someone would expect to pay a buyer's real estate agent in a transaction like this. Because agents have buyers Don't buyers these days just look up the listing online? Who would use a realtor to f...
by DesertDiva
Thu Mar 08, 2018 4:54 pm
Forum: Personal Investments
Topic: Roth IRA all in cash: Strategies, thoughts, concerns, etc.
Replies: 6
Views: 699

Re: Roth IRA all in cash: Strategies, thoughts, concerns, etc.

I can understand having an emergency fund with 3-6 months of living expenses in cash. But a Roth IRA in all-cash carries a very serious risk, IMHO... there is the missed opportunity to put your money to work for you and grow your portfolio. This could leave you with a shortfall in retirement. A Roth...