Recent content by Avocadorunner

Many years ago I learned the 4% Rule from radio host Bob Brinker. He advised to never have more than 4% of assets in any one stock. That requires 25 stocks to properly diversify to reduce individual stock risk. Based on this rule, your daughter doesn't have enough money to properly diversify...

One injection of cortisone resolved tendinitis in my elbow after six months of unsuccessful PT.

Our 2016 Volt is impressive. 52 mile range on electric then the generator kicks in for a range of another 350+ miles. DW drives 30 miles to work where she plugs it to the free charger. In 7 months (7500 miles) she still has 3/4 of the original tank of the gas. We chose to lease it due to the...

We always use bank ATMs in the foreign countries. I wouldn't consider carrying more than the equivalent of a few hundred dollars in cash at a time. Never had a problem.

Guilty as charged. But I patiently waited 40 years.

One of the most common post-retirement plans is foreign travel. Has the "new normal" of terrorism changed your travel retirement plans? DW and I are now reconsidering the walking African safari trip. Yes, we had events in San Bernardino and Orlando, but I'm still more confident in the...

The administrator for my 6 person 401K plan charged about $1500 annually. They prepared the year end reports, filed the Form 5500, handled distributions upon an employee termination. We used Vanguard for the investments. I think it was a reasonable solution.

Brick and mortor is responsible for their own failure Brick and motor stores are failing b/c they no longer carry an adequate product selection and employ poorly-trained staff that merely repeat back your question with a blurry-eyed glance. I make 90% of my purchases on Amazon, usually...

Mid-40s for me. I wear progressive with 2.25 on the bottom and plano on the top. That way I can leave them for viewing on for near and far.

I concur with Big Hitter. You need a minimum of $1M and at least $250K-$500K on your wife to pay for child care expenses while you are working. (The rates on females is lower than males). Go for a 20 yr term max - not 30 yr term. Consider 10 year term if the price is too high. At your age...

The comprehensive coverage is usually very low. It covers theft and older cars are frequently a theft risk.

You wont save much by increasing your comprehensive deductible. I'd opt for a $1000 comp/$2500 collision deductible. Damage to your car caused by vandalism, theft, wild animal damage, falling tree limbs, floods and glass damage are all examples of comprehensive losses.

You should have had a "stipulated judgment" for the settlement amount. The terms of the settlement would have provided that you would file the stipulated judgment if he failed to pay per the terms of the settlement. You would then be able to attach assets per your state's judgment collection...

And also keep in mind that the policy is covering assets that will eventually pass to his heirs.

I think the decision to renew the policy should include an evaluation of your father's net worth. My MIL spent four years in assisted living during her battle with ALH. Her modest bank account was depleted pretty quickly and DW and I paid the monthly charge of $5500. DW and I have a LTC...