Personal Finance (Not Investing) • Monitor investment without checking it...
The investor must know him or herself. If the investor believes that the mere act of monitoring might lead to a behavioral error, then less often is better. I have no idea what is good enough for...
View ArticlePersonal Finance (Not Investing) • Can we retire in NYC?
Using the term "retire" for you or your spouse is silly. Nothing wrong with one of you taking time off work to raise the children and live off one income while the kids are still little. That's what...
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Personal Finance (Not Investing) • Are solar panels a good investment
As for appliances, I think only my water heater is running on gas, which only costs me around $5 per month, so it's not that huge deal. I remember paying close to $20/month previously but it suddenly...
View ArticlePersonal Investments • Unwinding a MYGA ladder to avoid IIRMA
My SO had a fixed indexed annuity out of the penalty phase and wanted to earn a better interest rate than the 2.5% rate it had earned over the last 10 years. She did a 1035 exchange into a Multi Year...
View ArticlePersonal Consumer Issues • What Movie Have You Recently Watched?
Love Lies Bleeding. This was an interesting movie and the two leads were captivating. It's definitely an A24 movie and its got some odd parts to it, as well as some gore, but we thought it was an...
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Personal Consumer Issues • So what are you cooking
Finally my first real success with crock pot cooking, Mongolian Beef:https://www.dinneratthezoo.com/slow-coo ... lian-beef/I give this recipe an "A" as-is. The sauce is fairly intense and should...
View ArticleInvesting - Theory, News & General • Rick Ferri's comment about...
I was watching the following video recently at at 35:25, Rick talked about rebalancing being overrated. He mentioned that he doesn't like to rebalance.https://www.youtube.com/watch?v=bjGaIw8n7DoThis...
View ArticlePersonal Investments • Retirement Withdraw Strategies Guidance & Book...
There are countless books available that provide guidance for investing and creating wealth. Many of these books provide thoughtful guidance for creating wealth during the accumulation phase. However,...
View ArticlePersonal Consumer Issues • I went to Costco for tire rotation and they told...
I suppose it is possible that the stud was damaged by previous work on that wheel.When I was in high school I saw a car lose a wheel: car fell onto the axle, ground to a halt, and the wheel just kept...
View ArticleInvesting - Theory, News & General • The Flexible Retirement Planner
I have a NewRetirement but would like to give try to another tool for comparison purposes. I was looking at it and seems there is no way to enter spouse's info. How to handle mine vs her ss. Does the...
View ArticlePersonal Investments • Comparing 3 fund portfolio by different brokers
An index fund follows an index. You can look that up in the fund information. If the Total Stock market index fund from 3 different brokers follow the same index, then the returns will be the same,...
View ArticlePersonal Consumer Issues • When does traveling with toddlers make sense?
Honestly, just do it! Make some memories and have fun.You know what you and your partner enjoy. Keep the plans simple with young ones.Statistics: Posted by milleo — Tue Jun 25, 2024 6:16 am — Replies...
View ArticlePersonal Finance (Not Investing) • How do I know if I need a Trust?
This discussion has been very enlightening.We are in the early process of redoing wills/setting up a SNT for our special needs child and looking at trusts and about to sit down with our lawyer. We...
View ArticlePersonal Finance (Not Investing) • As a practical matter ... what is probate?
Probate is mentioned a lot in the "How do I know if I need a Trust?" thread.It sounds like avoiding probate matters more in some states than others.It sounds like avoiding probate is a way to get...
View ArticlePersonal Consumer Issues • Is Costco worth the $120 membership?
It’s difficult for me to imagine any household with more than two members (and include pets in that count) that could not at least break even on the Costco basic membership in terms of savings accrued...
View ArticlePersonal Finance (Not Investing) • 50/30/20 Rule Discussion on Wants vs. Needs
A couple take-aways and questions for the group:1. It is expensive to raise kids today. My wife and I both earn over 6 figures and we live in a LCOL area in rural Iowa.2. Has anyone else done an...
View ArticlePersonal Investments • Financial Planner in Retirement
Fidelity has a less known feature called "basket portfolios". You can define your own basket of any number of ETFs (such as broad based stock indexes and bond indexes).And with 1-click you buy the...
View ArticlePersonal Investments • Inheritance
Absent a will or other estate planning, I'd start by making the relative the beneficiary and letting the relative know that they are the beneficiary so they know to claim the funds.Statistics: Posted...
View ArticleInvesting - Theory, News & General • The default choice of Total Bond market
I think the deciding factor should be the level of your equity exposure. High equity exposure (70%+) could benefit from the historical downside protection of Treasuries. OTOH a low equity exposure...
View ArticlePersonal Investments • Take a 8k paycut to stay within Roth limits?
Earning more money is always more money. It's like saying should I not cash in my $1 million lotto ticket because that money will be taxed at a higher rate, except that it is a much more mundane...
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