Search found 421 matches

by Minot
Sat Jul 02, 2011 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Aged mother's financial confusion
Replies: 11
Views: 1862

Re: Putting the pieces together

There was certainly another Wells Fargo account that was a 401k from mom's workplace. Whether the 401k was distributed and added to the "home sale" account is unknown and my mom can't recall. Might this apply in your Mom's case? The U.S. Department of Labor estimates that each year tens of thousand...
by Minot
Mon Jun 27, 2011 8:03 pm
Forum: Personal Consumer Issues
Topic: Stray cat-how much $$$
Replies: 57
Views: 21791

mlebuf wrote: We buy leather furniture which cats won't claw.
Don't count on it; one of my cats loved to claw my leather chair.
by Minot
Wed Jun 15, 2011 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Renter, First Time Not Paying
Replies: 72
Views: 12263

Wouldn't it be nice if you could call your bank and make partial payments on the mortgage with no penalties? If the guy can't afford to live in your unit, he should leave. This guy is living on the edge of financial disaster. Any perturbation of his economic equilibrium and he will be under water. ...
by Minot
Tue Jun 14, 2011 12:52 am
Forum: Investing - Theory, News & General
Topic: Question On Indexing Philosophy
Replies: 10
Views: 943

Re: Question On Indexing Philosophy

Greetings To All: The Munchkin Man has a question. This is a serious question. Honest. This question concerns the origin of the philosophy of index fund investing. As a result of some research the Munchkin Man conducted earlier today, the Munchkin Man learned that the very first index mutual fund w...
by Minot
Sun Jun 05, 2011 2:45 pm
Forum: Investing - Theory, News & General
Topic: why would i invest in anything at this point?
Replies: 94
Views: 9980

musbane wrote:
traineeinvestor wrote:
SP-diceman wrote: What about "a wolf in sheeps clothing"? :)
should be "sheep's" :D

Depends on how big the wolves are relative to the sheep :)
Actually, it doesn't. Since sheep is both singular and plural, the possessive would be 's in either case.
by Minot
Wed May 11, 2011 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Rvw - AA if Covered by govt Pension? Pass on 401k?
Replies: 9
Views: 1208

Re: Portfolio Rvw - AA if Covered by govt Pension? Pass on 4

Any recommended reading that will help convince us to save a little less and enjoy life while we're in our 30's and 40's???? I imagine most Bogleheads will say "keep on saving when you can," but when you're saving over half your combined salary and have secure government jobs, seems a little nuts. ...
by Minot
Mon May 09, 2011 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Rvw - AA if Covered by govt Pension? Pass on 401k?
Replies: 9
Views: 1208

Re: Portfolio Rvw - AA if Covered by govt Pension? Pass on 4

...we hope to have one child soon! ........ I'm certain that we'll be able to retire early with more money than we know what to do with.... We have no interest in a McMansion or fancy cars. We travel plenty but tend to go camping or stay in reasonably priced B&Bs. Any recommended reading that will ...
by Minot
Sun May 08, 2011 11:11 pm
Forum: Personal Consumer Issues
Topic: RIP, Mars Exploration Rover Spirit :(
Replies: 48
Views: 6083

FredPeterson wrote: 100 years ago the idea of going into outer space was inconceivable, let alone going to the Moon.
Not quite true. Check out this 1902 film. http://www.youtube.com/watch?v=7JDaOOw0MEE
by Minot
Sun May 08, 2011 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Renter, First Time Not Paying
Replies: 72
Views: 12263

A landlord can help himself and his tenant by having a couple contacts at community agencies that provide rental assistance. I have had good luck with Volunteers of America. When one of my tenants informs me that they are not going to be able to pay, I give them the VOA number and the name of the c...
by Minot
Tue May 03, 2011 9:06 pm
Forum: Personal Consumer Issues
Topic: Scott Burns - Should We Eat Dessert First
Replies: 54
Views: 7972

The real question is: Would you rather run out of money at an advanced age, or would you rather die with wealth but having had a lifestyle below your means in your final years? Is 10 years of maximum enjoyment from your finances followed by 5 years of miser existence worse than 15 years of mediocre...
by Minot
Tue May 03, 2011 3:50 pm
Forum: Personal Consumer Issues
Topic: Scott Burns - Should We Eat Dessert First
Replies: 54
Views: 7972

Partially false. Assisted living is not eligible for Medicaid reimbursement. And most of the better nursing homes require 2-3 years of self pay in escrow for admittance. If you've ever visited someone in one of the nursing homes that accepts clients already on Medicaid, you'll know what this means-...
by Minot
Tue May 03, 2011 3:35 pm
Forum: Personal Consumer Issues
Topic: Scott Burns - Should We Eat Dessert First
Replies: 54
Views: 7972

Leesbro63 wrote:Yeah but by 90 your taste buds are shot so Little Friskies is palatable
Yeah but by then you won't have the strength to fight off the cat.
by Minot
Mon May 02, 2011 1:50 pm
Forum: Investing - Theory, News & General
Topic: Retiring on a Passive Portfolio
Replies: 121
Views: 16783

I know that for they sake of your argument you don't care what age the children are. The fact is, if parents aren't making it, then children or other family members often step in to help. In many of those cases, there isn't a nursing home and there isn't assisted living - there's move in with child...
by Minot
Mon May 02, 2011 1:05 pm
Forum: Investing - Theory, News & General
Topic: Retiring on a Passive Portfolio
Replies: 121
Views: 16783

Retirees generally spend less as they get older according to DOL statistics (I know Taylor disagrees with me). The mortgage gets paid off, travel costs are lower, people eat less, go out less, entertain out less, spend less on cloths, etc. Medical does go higher. Rick Ferri . I'm always surprised b...
by Minot
Wed Apr 27, 2011 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9032

letsgobobby wrote:You are set.

Give to charity, it's good for you and all of us! Congratulations on your financial situation.
:thumbsup
by Minot
Sat Apr 09, 2011 9:29 pm
Forum: Personal Consumer Issues
Topic: Online dating sites - worth it?
Replies: 253
Views: 45320

hsv_climber wrote:
RobG wrote:Do bogleheads believe in dating the total market?
No. Slice and dice.
Is that the Hannibal Lecter strategy?
by Minot
Tue Apr 05, 2011 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Best book for investing DURING retirement
Replies: 27
Views: 6608

Otar's book is somewhat technical. If I was in my 70's, I would feel that I already had it all figured out and would not want to read a book to show me what I was doing wrong. I think the book is best for folks on the cusp of not being accumulators anymore. I'm 74 and that's kind of what I thought....
by Minot
Sun Mar 20, 2011 8:11 pm
Forum: Personal Consumer Issues
Topic: Big tree fell over; can I save the rhododendrons?
Replies: 13
Views: 2699

jstat wrote: I take comfort in knowing that we do own 8 acres of forest in the Catskills full of oaks and hickories and hemlock and hornbeams and ash and birch and maples and pines that are allowed to live in peace.
:thumbsup
by Minot
Sat Mar 05, 2011 2:52 pm
Forum: Personal Consumer Issues
Topic: Noise in my attic
Replies: 307
Views: 81137

I have nothing to suggest about getting rid of the noise. Is there anywhere in the house where the noise is far enough away that you could sleep through it?
by Minot
Sat Feb 19, 2011 8:28 pm
Forum: Investing - Theory, News & General
Topic: Another proof for 12 months MA
Replies: 8
Views: 2321

I'm new to this forum and have just discovered this post, for which I thank you. I found the article quite interesting, though I'm not altogether convinced--and even if I were, I probably don't have the discipline to consider shifting my entire portfolio (or whatever portion of it I dedicated to SMA...
by Minot
Sun Jan 30, 2011 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Best fund for RMD
Replies: 2
Views: 711

Best fund for RMD

Does it make sense to include a short-term fund in my IRA to cover a year or two’s RMDs so as not to have to lock in losses in my intermediate-term bond funds due to a rise in interest rates ?

Minot