Search found 3637 matches

by Dottie57
Wed Jul 04, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 7789

Re: Tipping at non sit down places

I will tip when I am tired and grateful to someone for giving me a decent meal later in the evening - generally at Panera.
I’ve had some very grateful thank you’s.
by Dottie57
Wed Jul 04, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating New Job Offer
Replies: 24
Views: 1621

Re: Evaluating New Job Offer

Just quietly decline the new job offer without trying to get some kind of a counter from your current employer. You likely only have a chance of having the counter-offer routine work once with an individual employer, save it for some occassion where there is really a substantially better offer with...
by Dottie57
Wed Jul 04, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11033

Re: SS taken at 62 vs. 70, but measured from 70+

Ok, so I often hear that delaying social security until 70 vs. taking it early at 62 is often the beneficial thing to do because of the pseudo ~ 8% return that you get on delayed Social Security. In my case, for me to do that, I would have to spend down my portfolio to "buy" the "age 70 SS annuity"...
by Dottie57
Wed Jul 04, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-friendlier alternatives to Vanguard Extended Market?
Replies: 22
Views: 1999

Re: Tax-friendlier alternatives to Vanguard Extended Market?

Hi, I'd like to find a tax-friendlier alternative to Vanguard Extended Market (my tax-sheltered accounts are already tapped out, so I need a solution for taxable). Vanguard Extended Market has a high percentage of nonqualified dividends (only 66.59% qualified in 2017). It appears that its small-cap...
by Dottie57
Wed Jul 04, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating New Job Offer
Replies: 24
Views: 1621

Re: Evaluating New Job Offer

bogleblitz wrote:
Wed Jul 04, 2018 2:56 pm
I guess I'm lucky to have best benefit of both of your jobs.

I would stick with job #1 with latest technology and keep looking.
+1. Keeping up with technology is paramount if you want a long work life in the area.
by Dottie57
Wed Jul 04, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12072

Re: Expected returns for 80/20 stock bond for next 10 years.

BTW, what’s the alternative planning measure? Telling people “Our super-super Monti Carlo simulator predicts your 80/20 portfolio has a 10% chance of you eating dog food when you’re 80 years old”. What good does that do anyone? It's a lot like another old saying "if you want to make God laugh, just...
by Dottie57
Wed Jul 04, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12072

Re: Expected returns for 80/20 stock bond for next 10 years.

Cunir wrote:
Tue Jul 03, 2018 2:56 am
I read the other day that Warren Buffett is expecting average annual returns of 7% for US stocks going forward, down from 10%. presumably he knows what he’s talking about. Chuck in some bonds as well and obviously it will be lower.
Where does Mr. Buffet buy his magic eight ball?
by Dottie57
Tue Jul 03, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Getting married, car buying and apartment by myself?
Replies: 18
Views: 2639

Re: Getting married, car buying and apartment by myself?

Hi Bogleheads, Thank you for all your advice points. To address some broad concerns here: 1) my wife is going to be a stay at home person. This is due to various visa restrictions since she is from another country. 2) In my budget i haven't accounted for any expenses such as increased medical insur...
by Dottie57
Mon Jul 02, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3383

Re: Advocating to not index

Bogleheads are small in the universe of investing. I have one acquaintance who is contributing to all of the funds in her 403b. Equal percentage to all. Arg! it's funny that you say that. I'm reading a book that said because people are overwhelmed by the number of choices in their 401k that they ju...
by Dottie57
Mon Jul 02, 2018 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Wife Leaving Work- 401K Plan Question
Replies: 6
Views: 755

Re: Wife Leaving Work- 401K Plan Question

schutzk21 wrote:
Mon Jul 02, 2018 10:52 pm
Thank you all for your responses. This helped a ton. I have one other question. Is my spouse able to convert her 401k balance into my 457 plan through work? I wouldn't think so, right?
No - it is an individual account, not joint.
by Dottie57
Mon Jul 02, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3383

Re: Advocating to not index

Bogleheads are small in the universe of investing.

I have one acquaintance who is contributing to all of the funds in her 403b. Equal percentage to all.


Arg!
by Dottie57
Mon Jul 02, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Neighbor's drainage issue causing problems
Replies: 54
Views: 3786

Re: Neighbor's drainage issue causing problems

I would start documenting the problem with pictures, dates, rainfall amounts, etc.
by Dottie57
Mon Jul 02, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: IRS inquiry regarding backdoor Roth
Replies: 13
Views: 1999

Re: IRS inquiry regarding backdoor Roth

I recently received an inquiry from the IRS and I'm hoping for input on how I should respond. In 2016 I executed backdoor Roth conversions for me and DWs non-deductible IRA accounts. They were standard conversions and I filled out Form 8606 as I have for the past several years. -Both IRA accounts s...
by Dottie57
Mon Jul 02, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 2693

Re: Retirees- How hard is it to dial spending down/up?

I’m planning to spend $140k / yr in retirement. My base spending is $95k which isn’t frugal but isn’t fun. The extra $45k is for fun and gifting, so that could go away for a bit if the market drops. Cutting below $95k would require changes, so maybe I should look at that. Not jealous but astounded ...
by Dottie57
Mon Jul 02, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to "forfeit" income to avoid IRMAA cliff
Replies: 27
Views: 2452

Re: Any way to "forfeit" income to avoid IRMAA cliff

...A further challenge is that, for example, if I'm planning 2018 income, it will only be applicable for 2020 IRMAA thresholds; which won't be known until late 2019. I will know 2019 IRMAA thresholds by the end of 2018, so I'll have one year of unknown inflation/deflation effects to deal with. Mayb...
by Dottie57
Mon Jul 02, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Help From Cruel Stepmother
Replies: 49
Views: 7611

Re: Trust Help From Cruel Stepmother

My father has been widowed twice and married for the third time in his 80s. We children are not interested in financially supporting the third wife if he pre-deceases her but have helped take care of her as we look in on him from time to time. We would rather our father's assets be used for her car...
by Dottie57
Mon Jul 02, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: replace old central AC unit?
Replies: 32
Views: 2344

Re: replace old central AC unit?

I don't understand all these people saying that keeping a house at 70 is hard. I have a house built in 86 with an old unit and keep mine at 70-71 all summer when it is 90-100 every day in Dallas. I think that depending on where in the country you live they may undersize units Yes, design temperatur...
by Dottie57
Mon Jul 02, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Do we start the house buying process?
Replies: 25
Views: 2226

Re: Do we start the house buying process?

Yesterday we became aware of a house on the local market (central Maine) that is 2500 sq feet, 20 acres, and being sold for 50k less than it was last assessed by the town, and 80k less than the initial listing price 6 months ago. It was own by an older adult who passed away, the house is now owned ...
by Dottie57
Sun Jul 01, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: replace old central AC unit?
Replies: 32
Views: 2344

Re: replace old central AC unit?

I don't understand all these people saying that keeping a house at 70 is hard. I have a house built in 86 with an old unit and keep mine at 70-71 all summer when it is 90-100 every day in Dallas. I think that depending on where in the country you live they may undersize units I do agree with those ...
by Dottie57
Sun Jul 01, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: How to document a verbal conversation for future legal reasons.
Replies: 21
Views: 2954

Re: How to document a verbal conversation for future legal reasons.

Notarizing the letter might work too. It would definitely date the letter.
by Dottie57
Sun Jul 01, 2018 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Smart to transition to rental property?
Replies: 10
Views: 1263

Re: Smart to transition to rental property?

I guess I would not want the work or to tie up money in a fairly non liquid property.
by Dottie57
Sat Jun 30, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Local Bank Branch Consolidation - Huh?
Replies: 12
Views: 1012

Re: Local Bank Branch Consolidation - Huh?

Maybe it has to do with the routing number?
by Dottie57
Sat Jun 30, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9500

Re: What’s your plan for a market downturn?

Retired - decumulation is occuring. I’ll withdraw a bit of my cash stash. + some 401k funds, tighten the spending belt. Maybe rebalance once a year.
by Dottie57
Sat Jun 30, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Are options, futures good investments?
Replies: 19
Views: 1738

Re: Are options, futures good investments?

vu8 wrote:
Sat Jun 30, 2018 11:47 am
Can investors profit long term from stock options, futures and triple leverages?
If you have to ask, the answer is “NO”.
by Dottie57
Sat Jun 30, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Five Year Portfolio Update
Replies: 7
Views: 1164

Re: Five Year Portfolio Update

Vanguard institutional index has about 507 companies/ stocks. It compares itself to S&P 500 Index. I personally would add extended market to it. I worked for a small company for 13 years and feel that smaller can be incredibly inventive. ETA - corrected the stocks in the fund from 1000 to 507. Thank...
by Dottie57
Sat Jun 30, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons for EMPLOYER allowing after-tax 401(k) contribution and in-service withdrawal?
Replies: 13
Views: 1329

Re: Pros/Cons for EMPLOYER allowing after-tax 401(k) contribution and in-service withdrawal?

Recently left mega corp for a boutique consulting firm. New employer's 401(k) allow offers pre-tax and Roth contributions. Doesn't offer after-tax or in-service withdrawal of after-tax. Essentially no more mega backdoor Roth. As it is a small firm, I like to see if I can make a business case to ben...
by Dottie57
Fri Jun 29, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7062

Re: Yes, It’ll Happen - Jonathan Clements

Northster wrote:
Fri Jun 29, 2018 9:16 pm
Can we assume that all pensions have a COLA?
No.
by Dottie57
Fri Jun 29, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp good idea?
Replies: 18
Views: 1388

Re: Deferred Comp good idea?

Take the bonus money and invest it in a good, solid index stock fund or etf. Key is to not spend it at this time.
by Dottie57
Fri Jun 29, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: I'm old, sold house and have $800k to invest.
Replies: 9
Views: 2462

Re: I'm old, sold house and have $800k to invest.

I think we need more info.

Any retirement accounts? Where does 100k come from? What goal or purpose have you assigned to the 800k?

Does secure = no loss of principle? If so, perhaps treasuries. How liquid should the money be?
by Dottie57
Fri Jun 29, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 99
Views: 6969

Re: What are you learning or studying?

I’ve signed up for some web development courses at Udemy.com. Newer technology than I used in my work life. I also am learning to relax and enjoy retirement.
by Dottie57
Fri Jun 29, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Cashing in Annuities … How best to reinvest?
Replies: 11
Views: 883

Re: Cashing in Annuities … How best to reinvest?

I have two Annuities, one fixed the other variable. They have been a good source of income, but over time I have noticed the fixed going down and the variable slightly ahead, but well behind IRA gains. Both are past the surrender fee period. The fixed annuity doesn’t show fees, probably because it ...
by Dottie57
Fri Jun 29, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 81
Views: 4664

Re: Can I buy a Tesla?

Can vs. should- you certainly can. That being said, living like a resident for a few years will set you up for success. Hard to ever move down from a 55K Tesla...hedonic adaptation... So yeah, you probably would be fine if you bought it but the fact that you're on BH's, posting a question like that...
by Dottie57
Fri Jun 29, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: ATT Administrative Fees
Replies: 6
Views: 588

Re: ATT Administrative Fees

I've got Cricket too....came over from AT&T and I'm curious what those "frills" are that I gave up. From what I can see, it's just the added, non-disclosed fees, taxes, charges and more fees that add up to significant money. On Cricket, for my first phone, the charge is $40 a month. The fees, charg...
by Dottie57
Fri Jun 29, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Asset Allocation
Replies: 4
Views: 404

Re: Changing Asset Allocation

QQ - was this a single payment annuity or something else?
by Dottie57
Fri Jun 29, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: glass cancer?( watermark etching)
Replies: 24
Views: 2691

Re: glass cancer?( watermark etching)

Mardoc01 wrote:
Fri Jun 29, 2018 9:52 am
yes and about forty other techniques incl 600 grit sandpaper no luck its in the glass

Cleaner called CLR?
by Dottie57
Fri Jun 29, 2018 2:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 420
Views: 40859

Re: Pulled the trigger and paid off the house today

Congratulations. Good feeling isn’t it?!
by Dottie57
Fri Jun 29, 2018 8:19 am
Forum: Personal Consumer Issues
Topic: [Small, Portable, and Ductless Air Conditioners]
Replies: 54
Views: 2732

Re: Ductless Mini Split AC

The people I know who have used them are happy with them. I have a wall air conditioner. A mini split would work as well.
by Dottie57
Fri Jun 29, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: should I Help family member with investments?
Replies: 13
Views: 1412

Re: should I Help family member with investments?

A friend of mine wanted recommendations on what to do in an investment account. She and her husband both have loval government pensions and never felt the need to learn about investing. I gave her all of the relevant links from the Bogleheads wiki. She and huusband ended up with a financial advisor....
by Dottie57
Thu Jun 28, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Best way to clean eyeglasses?
Replies: 59
Views: 3845

Re: Best way to clean eyeglasses?

Dish detergent and a microfiber cloth that is intended specifically for use with optical lenses. Avoid using paper towels or dirty cloths that might scratch because of wood or textile fibers or particles. +1 although I just use a soft cloth. We like Dawn but Palmolive's also good. This works so muc...
by Dottie57
Thu Jun 28, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Timing exit from megacorp
Replies: 54
Views: 5874

Re: Timing exit from megacorp

This year I took early retirement package on 3/2. I maxed out 401k contributions to limit set by plan documents. See if you can do similar. Reduce your taxes if possible.
by Dottie57
Thu Jun 28, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Loan to Max Out 401(k)
Replies: 28
Views: 1610

Re: Loan to Max Out 401(k)

mortfree wrote:
Thu Jun 28, 2018 7:29 pm
Where is the money coming from to pay back the loan?
Bingo.

What will OP do for next year? Don’t take out loans to contribute. Get a second job or concentrate on honing your job skills.
by Dottie57
Thu Jun 28, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3512

Re: Disappointed with Fidelity 401k

I recently changed employers and with that the 401k plan that I'm offerred is now through Fidelity. I know that much of a 401k plan including fees and investment choices are decided by the employer but the level of service that I've received from Fidelity has been lacking and doesn't inspire confid...
by Dottie57
Wed Jun 27, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3564

Re: Sister-in-Law - trouble adulting - Pay medical bill?

I'm curious what others have done with in-laws who have failed at adulting, and what to do when they ask for loans (we gift..., so it's a question of if we should gift). My sister in law had a bad boss and ended up quitting. We advised her to find another job before quitting, to no avail. Her unemp...
by Dottie57
Wed Jun 27, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Who's John Bogle?"
Replies: 17
Views: 2361

Re: "Who's John Bogle?"

Just had a lovely woman knock on the door introducing herself as the local Edward Jones rep. Before she could get too deep into her pitch I told her I was a self managing Boglehead, to which she asked what that is. After explaining the concept of indexing and John Bogles philosophy, she asked who J...
by Dottie57
Wed Jun 27, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2134

Re: Another should we buy this So. Cal house thread...

You two make a great amount of money.i would buy. Pay off your car ASAP..

I wonder if you have been LBYM. Make sure that with a new home you don’t crank up lifestyle.
by Dottie57
Wed Jun 27, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: When does purchasing equities lose its marginal utility?
Replies: 48
Views: 2538

Re: When does purchasing equities lose its marginal utility?

OP, what form of utility are you referring to? If your confidence is well-placed, then your equity allocation is irrelevant for your financial future. In this case, perhaps you ought to be reflecting on the forms of decumulatuon that might make you happiest, for example increasing consumption or ch...
by Dottie57
Wed Jun 27, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Wealth Management Thoughts
Replies: 27
Views: 2142

Re: Morgan Stanley Wealth Management Thoughts

I have a little over $4m invested with this firm and they have been pushing me to look into moving some money over to Wealth Management. My portfolio has increased 75% since 2008 and that is primarily due to one stock J&J which I own at $60 23,000 shares. Currently getting $110k income on $3.2M and...
by Dottie57
Wed Jun 27, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 3930

Re: How many months of living expenses would you keep in your bank.

Just retired, I have at least 4 years in the bank. I just retired. This is my sequence of events risk fund. If no risk for a year, I will use some of the money for Roth conversions.
by Dottie57
Wed Jun 27, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10358

Re: Lost out on promotion

The way I think of work: - I sell my time and effort - The buyer (employer) paid for that - Promotion means more time and effort the buyer will get, unfavorable. - Raise means more money the seller (me) will get, favorable. - Promotion with raise usually favorable, because of the pay, not because o...