Search found 60 matches

by apple44
Thu Mar 07, 2019 6:16 pm
Forum: Personal Investments
Topic: MetLife Group Variable Universal Life Insurance (GVUL)
Replies: 11
Views: 1106

MetLife Group Variable Universal Life Insurance (GVUL)

Hello, I'm 35, married with 2 children. I recently received a package from my employer asking me to enroll in the MetLife Group Variable Universal Life (GVUL) Insurance. It has two parts: 1. Basic minimum required coverage: $750,000 (employer-paid) 2. Supplemental coverage: up to $250,000 without me...
by apple44
Mon Feb 25, 2019 6:31 pm
Forum: Personal Investments
Topic: General Investment/Financial Advice
Replies: 57
Views: 4722

Re: General Investment/Financial Advice

While I don't have much to contribute to the discussion, I just wanted to say that I totally get what JKA45 is saying about expenses! I'm 35, married with one kid and the second kid coming in May. We have on average $8K expenses per month as well! And with vacations and some one-time expenses which ...
by apple44
Fri Feb 22, 2019 6:30 pm
Forum: Personal Investments
Topic: Should you own company shares in 401(k)?
Replies: 20
Views: 1083

Re: Should you own company shares in 401(k)?

I would say that's a big NO-NO! You are already working in that company, and that's a big reliance -- you totally rely on that company to pay your wages, insurance and other benefits on time. You shouldn't be relying on the company for your 401(K), no matter how great that company seems or what othe...
by apple44
Fri Feb 22, 2019 5:02 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

I just found about $10 unclaimed property that belonged to my deceased step-father!
by apple44
Fri Feb 22, 2019 4:50 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

ExitStageLeft wrote:
Fri Feb 22, 2019 4:41 pm
See this thread on abandoned property: viewtopic.php?f=2&t=114489
That's great! Thanks!
by apple44
Fri Feb 22, 2019 3:22 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

Thanks! That's very helpful! Update: I just discovered that she has some investment with Charles Schwab! She gave me a bunch of 1099's so that I can help her with tax returns, and I found some checking accounts (which I know she has) and the investment account at Charles Schwab! She doesn't remember...
by apple44
Thu Feb 21, 2019 2:08 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

Thank you all! I think I have an idea now and will discuss with my mother.
by apple44
Wed Feb 20, 2019 2:58 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

That's a lot of mortgage for the income. Any palatable lower cost alternatives? Is $250K the current balance (if not, what is) and how long until it is all paid using the current payment rate? Given "63 years old, relatively healthy," inflation over the next ~30 years should be a consideration. Hav...
by apple44
Wed Feb 20, 2019 2:51 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

Re: How to build a portfolio for my mother

Welcome to the forum! It is almost impossible to make a recommendation without knowing you mother’s intended use for the money and when she will need to access the funds. You need to have that conversation with her before pursuing a portfolio allocation. Here are a few thoughts: 1. If it is legacy ...
by apple44
Tue Feb 19, 2019 3:53 pm
Forum: Personal Investments
Topic: How to build a portfolio for my mother
Replies: 14
Views: 1070

How to build a portfolio for my mother

Hello, I'm new to this forum and I hope you won't mind helping me build a portfolio for my mother. My mother is 63 years old, relatively healthy. She has Medicare insurance because she's disabled and has regular medical expenses like a few office visits a year and some prescription drugs. I'd say he...