Personal Consumer Issues • How to gift my car in California to my son in...
I did something similar. Gifted Honda Civic to my D, around the time she graduated college. The college, and home, was in Missouri, she was moving to California. We did the transfer in Missouri, got...
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Personal Investments • LPL Financial and Prudential transition
Just curious for customers of Prudential that have Annuities with them, is the LPL Financial anything to be concerned about? Had a family member receive notice it was changing from Pruco Securities to...
View ArticlePersonal Finance (Not Investing) • Building credit history
So, $10K for a year (or less?) is likely about as good for future credit (especially, but not only, mortgage) as $20K for a couple years?Statistics: Posted by psteinx — Mon Sep 16, 2024 11:47 pm —...
View ArticleInvesting - Theory, News & General • Fidleity told me to up stock allocation
How many years of expenses is the 40%?Statistics: Posted by rockstar — Tue Sep 17, 2024 11:52 pm — Replies 37 — Views 1951
View ArticleInvesting - Theory, News & General • The New 60/40
It’s true that the cash flows are guaranteed but that only matters for liability matching on fixed expenses. Almost all people have to pay for things that are subject to inflation so I’d kindly...
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Personal Investments • Traditional vs ROTH (IRA + 403b)
If all your money in the traditional was put during a time when you were earning within the 22% bracket, how does converting them into your ROTH change it to 12%? Wouldn't it still be taxed at the...
View ArticlePersonal Investments • First job - Retirement Accounts
I also found out that the 403b can either be: traditional (pre-tax) or roth (after-tax). I called the HR retirement specialist and she told to do the traditional (pre-tax) option as that is more...
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Personal Finance (Not Investing) • How To Lower Retirement Expenses
It’s just eye opening when you look at the general public, and realize how lucky we are to be in the situations we’re in to discuss a topic like this. Everyone here is in the top 10% imo (income or...
View ArticlePersonal Finance (Not Investing) • The Final, Definitive Thread on Bank Bonuses
I'll probably do this one in a bit. $525 for depositing 25k for 61 days. https://accountoffers.wellsfargo.com/savingsbonus/As I read the T&C for the promo, it seems to say the bonus is paid as...
View ArticlePersonal Investments • Retirement income
Just had another meeting with my Fidelity rep last week. I'm getting ready to retire in about 6 months, so his focus in our meeting is to ensure that my portfolio will generate an income stream to...
View ArticleInvesting - Theory, News & General • Bernstein article - Why Should You...
Article seemed very sound and easily understandable.Statistics: Posted by JBTX — Wed Sep 18, 2024 12:05 am — Replies 123 — Views 11788
View ArticleInvesting - Theory, News & General • Inflation, Bonds & Retirement
Personally I hold most of my bond allocation in a combination of medium-long duration TIPS ETFs and very short duration treasury ETFs (i.e. split about 50/50 LTPZ/SGOV or similar).What's your overall...
View ArticlePersonal Investments • Sell stock to pay off mortgage now?
I would pay it off 100% for sure, and then I would think and plan my life around other things rather than always being ready to make that monthly payment. That is equivalent to a 30%...
View ArticlePersonal Investments • Vetting alternative investment fund - advice?
I happen to think this would be a really interesting niche. I could quite believe there is manager skill in it. Non performing commercial mortgages? Residential I would worry about the ethics of...
View ArticlePersonal Consumer Issues • Las Vegas Recommendations
For dinner, I enjoyed eating at Momofuku, in the Cosmo. It is higher end with an asian style but flavors / items you don't usually see. One of us was celebrating a birthday so they included some...
View ArticlePersonal Consumer Issues • What frugal thing did you do today?
Came home from trip to find water damage in MBR ceiling and nonfunctioning AC in that room despite blower working. Investigated and problems both came from AC air handler for that section of the...
View ArticlePersonal Consumer Issues • What Book Are You Currently Reading? Part VI
I really enjoy Bernstein’s writing style and learn a lot from him.“Rational Expectations: Asset Allocation for Investing Adults”, William J. BernsteinAnything he writes is worthwhile reading.As I have...
View ArticlePersonal Finance (Not Investing) • Death of Spouse - - Some Unanticipated...
I am so sorry that your spouse has died. I'm concerned that your spouse was ready/eligible for hospice and no one on his regular medical care team had mentioned it to you. We are not supposed to...
View ArticleInvesting - Theory, News & General • Why the love for the 3 fund portfolio?
Target date or life strategy are totally fine picks, but not within a taxable account, where rebalancing requires automatic selling and buying, which often results in capital gains.Funds like VTMFX...
View ArticlePersonal Investments • For Retirees. How simple are your portfolio's?
As I approached retirement last year, I had big plans to simplify my portfolio. Instead I made it more complicated with a 30 year TIPS ladder (just couldn't help myself). However upon retirement this...
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