Personal Investments • Re: Forecasting RMD
I'm not sure the OP is "worried" or trying to control the exact amounts. But planning to reduce RMDs can make sense for people with large amounts (millions) in traditional accounts. OP may fall into...
View ArticlePersonal Investments • Re: Custodian Question: Schwab v Fidelity v Vanguard
Stick with Schwab as you transition to self-management. As you handle your own investments you will develop your own preferences and appreciations for what broker features and practices are important...
View ArticlePersonal Consumer Issues • Re: Hit a deer. Repair vs trade in car?
I'd file the claim, take the cash, and trade it as is. Or at least try to and see what you get on an "as is" trade. The dealer can repair the damage at cost more economically than you can. You can't...
View ArticleInvesting - Theory, News & General • Re: BND up 3.7% in one month
It is also a reminder that a bond fund with monthly volatility approaching its annual return might not really do what some want bonds to do. I find BND to be a pretty raw deal most of the time.I find...
View ArticlePersonal Finance (Not Investing) • Re: Helping Dad with Finances
He would like to invest these assets aggressivelyBefore moving forward you want to know exactly what he means by this and what he understands. To some people, "aggressive" just means "I want to make a...
View ArticlePersonal Consumer Issues • Re: 2024 Paris Olympics; What are you Watching?
Enjoying volleyball, and beach volleyball. Hoping Katie Ledecky can medal in her last event!Statistics: Posted by Harri88 — Sun Aug 04, 2024 11:48 am
View ArticleInvesting - Theory, News & General • Re: Vanguard to Exit Individual...
Elysium,I think your conclusion proves too much. You seem to be saying that "Contribution Date" means exactly what it sounds like -- i.e., the day you contribute. But if that is the case how do we...
View ArticlePersonal Finance (Not Investing) • Re: Why are so many people choosing LTCI
Firstly, most of these policies are capped at close to $1M and all of these people easily have $1M to spare.[/quote] My mom is currently living in a good assisted living facility They provide cooked...
View ArticlePersonal Investments • Re: Should I resign right now?
If you check the company handbook, they ‘own’ the technology that you developed and maintain. I know this from my 38 years in Systems and Data Processing. Being the ‘only person’ who understands and...
View ArticlePersonal Finance (Not Investing) • Re: Granting joint ownership of account
While there are many disadvantages of joint accounts, this isn't one of them. See Section 2040(a): https://www.law.cornell.edu/uscode/text/26/2040.Could you summarize that into simple...
View ArticlePersonal Investments • Re: FIRE -- Transitioning to the "R" part
MMM was a great tip. I found a nice pre-FIRE checklist there which is really helpful:https://forum.mrmoneymustache.com/post- ... checklist/Statistics: Posted by perfin — Mon Aug 05, 2024 11:56 am
View ArticleInvesting - Theory, News & General • Re: "Global Selloff Intensifies...
I dumped a couple losing positions that I have been wanting to get rid of for a while and put all the money in VTI. This type of event allows me to clean up the portfolio a little here and there....
View ArticleInvesting - Theory, News & General • Re: August 5, 2024 is a RBD [Really...
I will invest on Friday no matter what the market does from here.Statistics: Posted by sailaway — Mon Aug 05, 2024 11:57 am
View ArticlePersonal Investments • Re: planning for Alzheimer's
Sorry if this ventures into medical advice, ok to delete it if it does. Early Alzheimer's disease would be a specific diagnosis, and sometimes practitioners oversimplify explanations by terming what...
View ArticlePersonal Consumer Issues • Re: Vanguard, Schwab, Fidelity websites down this...
Schwab has had several outages over the last couple of months (in addition to the Crowdstrike outage). Starting to wonder how stable Schwab's infrastructure is. Are there any brokerages that are less...
View ArticleInvesting - Theory, News & General • Re: Total Portfolio Allocation and...
I think (hope) I finally see why Essential Spending implies DRRA. Here is an example:Let’s say I have an investment portfolio of $1,000,000. The Merton share as of 8/4/2024 is 33.4%, so the Planner...
View ArticlePersonal Finance (Not Investing) • Re: Home purchase...I can afford it, but...
Do it. You make a ton of money and kids are kids only once. Be ready and willing to pay people to keep the pool and land looking nice so you don't start seeing it as a never ending list of chores and...
View ArticlePersonal Consumer Issues • Re: Anything you wish you had known before your...
I'm heading down the path to do a solar panel installation. For those of you who have walked this trail, what do you wish you had known before you had your solar panels installed? I'm gathering quotes...
View ArticlePersonal Investments • Re: So do I change my thoughts
At some point I’d like to spend about 400k on a house unless we just stay here and keep renting .If you want to have money available to purchase a house, I definitely wouldn’t lock it up in an...
View ArticlePersonal Investments • Re: Retiring early: How much cash to hold to stomach...
Some say to save 3 yrs worth of cash to stomach market downturns so you don't have to sell shares at a loss. Does this make sense? Yes. 2-5 years is very reasonable.Statistics: Posted by White Coat...
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