Search found 2225 matches

by Dottie57
Tue Oct 17, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2672

Re: seeking advice on asset allocation, or is Vanguard crazy

Appreciate all the input. I know it's an unanswerable question but it's helpful to get input from other like-minded investors, which I value far more than financial advisers. This forum has really changed my life for the better, between white coat investor and here my approach to retirement has com...
by Dottie57
Tue Oct 17, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparents want to give to grandkids
Replies: 33
Views: 3113

Re: Grandparents want to give to grandkids

I don't want to come across as unappreciative but as someone who "paved" their own way without an inheritance along the way I feel that I have benefited tremendously relative to close friends who squabbled their inheritance and/or did not developer a proper work ethic in the real world. I am convin...
by Dottie57
Tue Oct 17, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth applying for Credit Limit Increase?
Replies: 21
Views: 1328

Re: Is it worth applying for Credit Limit Increase?

What do all of you charge that you need such large limits.
by Dottie57
Tue Oct 17, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 105
Views: 10107

Re: how long did it take to get used to retirement

It's been almost a year for me and I still can't get used to it. The problem is that now that I have so much time, nothing seems very urgent. When I was working, every minute of free time was precious so I would try to cram in all my exercise, all my projects, all my socializing into those very pre...
by Dottie57
Tue Oct 17, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 5280

Re: Best way to make some dollars on a 10 day vacation?

knowledge wrote:
Tue Oct 17, 2017 10:44 am
From a pure utility POV, you'd likely be much better off taking those 10 days to invest in yourself - your health, happiness, knowledge, skills, etc.
+1. Decompress. Stop thinking of Money for 10 days.
by Dottie57
Tue Oct 17, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: How do you outfit your feet?
Replies: 27
Views: 2540

Re: How do you outfit your feett

New Balance Walking shoes. And nice cushy wool socks in winter, nicethin wool socks in summer.
Barefoot in house or mocassins slippers.
by Dottie57
Tue Oct 17, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Thinking we are close to winning the game
Replies: 35
Views: 5855

Re: Thinking we are close to winning the game

When I started looking through expenses (check book), i could see spending of $30-$32k. I learned that I needed to add in health insurance and income tax for retirement years. Health Ins from employer is $5550 a year. Am counting on 1k HI before medicare and after retirement. So expenses are much m...
by Dottie57
Tue Oct 17, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Buying Employer Shares
Replies: 13
Views: 888

Re: Buying Employer Shares

Hello, My employer offers discount of 15% of company shares once a year. I was at lunch table with my colleagues and someone started this topic. It seems 70% of the group bought (discounted) shares. I had a the following conversation (will keep it simple for the purpose of this thread): Colleague: ...
by Dottie57
Sun Oct 15, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: First time poster:NEED HELP! We are total newbies and late to the game*updated
Replies: 31
Views: 2432

Re: First time poster:NEED HELP! We are total newbies and late to the game

Hi Dottie57, Thanks for your reply. Our monthly/yearly expenses are very low. We have no debt other than our mortgage . Our children are grown. We intend to keep up a very high savings rate up through 58 ( and possibly beyond should my husband decide to continue to work) the 40k includes health ins...
by Dottie57
Sun Oct 15, 2017 9:55 pm
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 94
Views: 13534

Re: Annuities-when and why?

I have a pension, my wife's SSA, and some day my SSA. That's enough annuities for me. I think I can get a better return through investing than with annuities. Possibly, but just be aware that a 7% withdrawal ratio may not succeed in all instances... Please explain where the 7% withdrawal ratio came...
by Dottie57
Sun Oct 15, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking we are close to winning the game
Replies: 35
Views: 5855

Re: Thinking we are close to winning the game

When I started looking through expenses (check book), i could see spending of $30-$32k. I learned that I needed to add in health insurance and income tax for retirement years. Health Ins from employer is $5550 a year. Am counting on 1k HI before medicare and after retirement. So expenses are much mo...
by Dottie57
Sun Oct 15, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: First time poster:NEED HELP! We are total newbies and late to the game*updated
Replies: 31
Views: 2432

Re: First time poster:NEED HELP! We are total newbies and late to the game

For swr of 4% you will need at least $1million To generate 40k. You need to more than double you portfolio. Will you sell the home to add funds to your portfolio. Your home is valued at twice your portfolio. Does this seem maintainable? And I don't understand your current expenses of 40k which seem ...
by Dottie57
Sun Oct 15, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: fidelity netbenefits
Replies: 15
Views: 2081

Re: fidelity netbenefits

Add Fidelity mid caps index.

Post above me is good.
by Dottie57
Sun Oct 15, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5427

Re: Met with a CFP, not too impressed.

I signed a contract with a wealth management company for designing a plan. Cost was $500. Before signing, we talked about expectations. Low fees, indexes, insurance (ltc). He understood what I wanted. He came back with a plan for using proprietary funds from his company at a fairly heavy AUM. His t...
by Dottie57
Sun Oct 15, 2017 1:47 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7250

Re: What are you driving? And would you buy your current ride again?

2007 Camry Hybrid. Iwould buy it again. But the price for vehicle I want is too high. SoI think in 5 years or so a used Camry with extra safety features is in my future.
by Dottie57
Sat Oct 14, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: 10 year anniversary of the beginning of the Great Recession
Replies: 45
Views: 4368

Re: 10 year anniversary of the beginning of the Great Recession

Speaking of the Great Recession, anybody know of a good book that covers what happened at the beginning? Watch the movie "The Big Short"....GREAT movie, and it explains a lot! I have not watched the film "The Big Short;" I've read the book. In general, I think you can learn more from a book than fr...
by Dottie57
Sat Oct 14, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5427

Re: Met with a CFP, not too impressed.

OP, I signed a contract with a wealth management company for designing a plan. Cost was $500. Before signing, we talked about expectations. Low fees, indexes, insurance (ltc). He understood what I wanted. He came back with a plan for using proprietary funds from his company at a fairly heavy AUM. Hi...
by Dottie57
Sat Oct 14, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 57
Views: 3423

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

As aformer owner of apple in individual stocks, I say go with the index. Apple stock price is subject to rampant speculation. Even when meeting it's quarterly goals and those of Wall Street the price has gone down. Why? Because speculation fed by rumour sites feed into expectations which are wildly ...
by Dottie57
Sat Oct 14, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10691

Re: anyone else not liking the new cars?

I find that anytime automobiles are drastically redesigned I hate the new design for about 2 years. After about 2 years, I get used to it and don't hate it anymore. It starts to look normal to me at that point, especially as other car mfrs start to copy the design and integrate it into their own mo...
by Dottie57
Sat Oct 14, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10691

Re: anyone else not liking the new cars?

I would fire the design engineer that did the fronts of the new Toyotas and Lexus. As much as I am dedicated to Toyota/Lexus reliability and track record, the new models are uuuuuggggly. :shock: I also considered the new Lexus LX SUV but not after seeing the front. :oops: +1 Hideous front grill.
by Dottie57
Fri Oct 13, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer Roth IRA from Fidelity to VG
Replies: 5
Views: 523

Re: Transfer Roth IRA from Fidelity to VG

I too am happy with Fido and puzzled as to why you want to leave. My 401k has vanguard equities but is at fido. My iras are at fido. Like the web site much better than vanguard.
by Dottie57
Fri Oct 13, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2606

Re: wellington fund ( VWELX )

I have wellington in an HSA. Works well.
by Dottie57
Thu Oct 12, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: annuity beneficiary
Replies: 5
Views: 301

Re: annuity beneficiary

It depends.

What are the fees involved?
How much is actually taxable -get this in writing.
What is it invested in? Are there better options.
by Dottie57
Thu Oct 12, 2017 7:54 am
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4231

Re: Offensive Valuations

60 years old at 50/50. I want fixed income for spending before SS. Up to 10 years.

Current valuations don't bother me. I've seen irrational exuberance. Just kept putting money into market. Only time I was really scared was 2008/2009. Which is really why I am now 50/50.
by Dottie57
Wed Oct 11, 2017 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: How to move a portfolio out of a traditional advisor service?
Replies: 18
Views: 1121

Re: How to move a portfolio out of a traditional advisor service?

Let your new house do all the work. You don't even have to pay them. On the phone with them, tell them the current accounts you want to move and how much is in each. They'll get the info from Ameriprise anyways. You can literally say "I want half in total US equity index....what's that called?". Th...
by Dottie57
Wed Oct 11, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance as an inheritance?
Replies: 10
Views: 547

Re: Term Life Insurance as an inheritance?

Hi, I was wondering if anyone continues their term-life insurance, even after they are financially independent and/or have retired? I was looking at term4sale.com, and for a 50-year-old male, a $1 million, 30-year term life costs about $2,500 to $3,000 per year. So, at the worst (or best?) case, he...
by Dottie57
Wed Oct 11, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance as an inheritance?
Replies: 10
Views: 547

Re: Term Life Insurance as an inheritance?

Hi, I was wondering if anyone continues their term-life insurance, even after they are financially independent and/or have retired? I was looking at term4sale.com, and for a 50-year-old male, a $1 million, 30-year term life costs about $2,500 to $3,000 per year. So, at the worst (or best?) case, he...
by Dottie57
Wed Oct 11, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6475

Re: Best Career Advice for those over "50"

Don't work for a company you don't like. Watch for sea changes in the company. Work hard and create value for the company. Make sure others know. Find a job you love and are excited about. Megacorps often have good benefits. Small companies can be much more fun. Save so you can easily retire if agei...
by Dottie57
Wed Oct 11, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 4104

Re: Protecting against the possibility of a correction?

Is anyone doing anything to protect against the possibility of a correction, apart, of course, from the standard Bogleheads stay the course, rebalance, etc? No. I do the boring old "don't invest money you need anytime soon in stocks, static asset allocation I can tolerate in a market downturn rebal...
by Dottie57
Wed Oct 11, 2017 5:52 am
Forum: Investing - Help with Personal Investments
Topic: What to do with a down payment nest egg?
Replies: 15
Views: 1649

Re: What to do with a down payment nest egg?

Put your money into CDs. Short term money does not belong in equities. Bad, bad idea.
by Dottie57
Tue Oct 10, 2017 10:33 pm
Forum: Personal Consumer Issues
Topic: Moving Stroke Victim Out of State
Replies: 23
Views: 2068

Re: Moving Stroke Victim Out of State

Cheese. Why a nursing home in Texas vs one locally where you live now in Michigan? Are there some family dynamics that I do not see? Yes, partially. DW still cannot talk and is paralyzed on the right side, and can't call for help if she needs it. Basically she is helpless without someone here to be...
by Dottie57
Tue Oct 10, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 12176

Re: 100% in bond to wait for market crash?

No. No. No.

I started investing in 1988 (about 6 months after oct 1987 crash). There have been lots of ups and downs. You simply persever and keep investing. It really does work. Can retire at 60 if I need to.
by Dottie57
Tue Oct 10, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Started late but Started - Need help planning for 401k/IRAs/Taxable Three-fund portfolio
Replies: 10
Views: 1512

Re: Started late but Started - Need help planning for 401k/IRAs/Taxable Three-fund portfolio

I advise you to become familiar with how pension income is treated in the Portugal/US tax treaty (if that's the other place you would consider retiring). There are many jurisdictions that makes no distinction from Roth accounts and taxes withdrawals from them the same as Traditional accounts. In th...
by Dottie57
Tue Oct 10, 2017 4:40 pm
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 2502

Re: Best weight loss resources?

Library.

Eat Food, Nit too much, mostly Plants. By Michael Pollan
by Dottie57
Tue Oct 10, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Longterm Investing Renewable ETFs
Replies: 14
Views: 706

Re: Longterm Investing Renewable ETFs

How are ETF's renewable? You just own them :shock:
by Dottie57
Tue Oct 10, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Growing old without kids or younger caring relatives
Replies: 105
Views: 19225

Re:

I was hoping someone would have already set up something like what I've been thinking about so I wouldn't have to reinvent the wheel, but no one has mentioned it yet, so it probably hasn't happened. I'm thinking about starting a group of local people in similar situations, having it primarily a soc...
by Dottie57
Tue Oct 10, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 97
Views: 8529

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

He writes so well. Such interesting stuff. Here's an article he wrote in NYT about nudges. https://www.nytimes.com/2015/11/01/upshot/the-power-of-nudges-for-good-and-bad.html?smid=tw-upshotnyt&smtyp=cur I had never read about nudges. I do hate the example where there is a free trial requiring a cre...
by Dottie57
Mon Oct 09, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Tax (and other) Planning with first child due Dec 28th
Replies: 6
Views: 532

Re: Tax (and other) Planning with first child due Dec 28th

About a week before the baby is due, start doing everything you can to induce labor. The difference between a birth in 2017 and 2018 is likely a few thousand dollars of net worth. What a rare circumstance on bogleheads where advocating for vigorous sex may have a real, tangible financial effect. Ne...
by Dottie57
Mon Oct 09, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 3908

Re: HSA’s: What level of risk do you prefer?

I'm surprised to see everyone in stocks. I thought the trend would be far more conservative investments for a medical vehicle. Plenty of people pay out of pocket and utilize the tax advantaged space the HSA yields as part of their overall AA. A dollar here is a dollar there when it comes to expense...
by Dottie57
Mon Oct 09, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3147

Re: My Son is buying a 2017 Toyota RAV 4

I bought a 7 year old Plymouth Valiant ( 1967) as a first car many moons ago. It was a horrible car. ( I had spent an inordinate amount of time researching what car to buy and that did not help me one bit). I have had a lot of cars since but none as bad as the Plymouth. I hope it works out for your...
by Dottie57
Mon Oct 09, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2300

Re: Please look at my financial situation and give me your insights

No IMO your wife cannot retire yet. But she can take more time off work for the next few years and take more vacations with you. So all is not lost. The issue is she is a spender plain and simple. And since she has no SS income and high expenses and no savings to cover her expenses you will go nuts...
by Dottie57
Mon Oct 09, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Started late but Started - Need help planning for 401k/IRAs/Taxable Three-fund portfolio
Replies: 10
Views: 1512

Re: Started late but Started - Need help planning for 401k/IRAs/Taxable Three-fund portfolio

JFIVX - 500 index fund. These 2 may come close to total market JECIX - midcap index fund JIEQX - international index fund JTBMX - intermediate bond fund I did not look these up but assume they are indeed index funds which track a well known index. As for Roth, i prefer putting all in traditional 401...
by Dottie57
Mon Oct 09, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: business owner, what is your income from business and how did you get into successfully business, what's your networth?
Replies: 17
Views: 2414

Re: business owner, what is your income from business and how did you get into successfully business, what's your networ

Nice to see this. There are 3 main roads to wealth. Business ownership, real estate, and passive investing. Too many people reading these boards think the 3rd way is all that exists. Anyone who is truly wealthy owns business(es) and/or real estate (or inherited money), not from growing W2 wages in ...
by Dottie57
Sun Oct 08, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: SS Benefit checks?
Replies: 13
Views: 1833

Re: SS Benefit checks?

Thanks for the replies. In another SSA publication I found - If the deceased was receiving Social Security benefits, you must return the benefit received for the month of death or any later months. For example, if the person dies in July, you must return the benefit paid in August. It seems to me t...
by Dottie57
Sun Oct 08, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12373

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

If I were 15-20 years younger I would not touch anything. Let the money ride. However being 60.5years and retirement (my choice or not) possible at any time, I have moved to a much more conservative stance. My top priority is to preserve funds for use before SS starts. One should definitely be more...
by Dottie57
Sun Oct 08, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 1556

Re: Selling gold jewelry

I inherited about 40g 14K and 18K gold jewelry (necklaces and bracelets). I took it to a jewelry store and got a quote on scrap value. I was surprised that the scrap value was about 60% of market value (see, for example, http://www.goldcalc.com/scrap_gold_value.php). That's quite a hit - like a 40%...
by Dottie57
Sun Oct 08, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Morningstar Rating American Funds VS Fidelity Total Market Index
Replies: 3
Views: 349

Re: Morningstar Rating American Funds VS Fidelity Total Market Index

Why does Morningstar rate ANWPX better (5 star) than FSTVX (4 star)? Is it all based on the 1 year return? Don't they factor in the load and the expense ratio? Why does Morningstar consider both funds low expense (both 1 on scale of 1 to 5)? ANWPX: 1 Yr +20.87% ER: 0.77% Load 5.75% FSTVX 1 Yr +18.6...
by Dottie57
Sun Oct 08, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12373

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

If I were 15-20 years younger I would not touch anything. Let the money ride.

However being 60.5years and retirement (my choice or not) possible at any time, I have moved to a much more conservative stance. My top priority is to preserve funds for use before SS starts.
by Dottie57
Sun Oct 08, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2385

Re: Spouse gets blowouts?

If it's affordable, forget it. Do you spend that much on something non-essential that interests you? (I thought you were going to ask about tire trouble...) We bank $148k per year on $260k income, it is very affordable. I need to forget it, or better yet follow advice of other posters, compliment /...