Recent content by growing_older

There's at least a small cynical, skeptical suspicion that this is market manipulation writ large. We already know there was dumping of stocks before the tariff idea was floated. Some big buys just before the idea is abandoned would profit handsomely. Chaos politics seems unpredictable but...

Looks like they had some go-go years at some point. Vanguard Index beats the blend, and beats all except AMCAP, for the last 10 years, even more so if you consider expenses. Would take more detailed analysis to see when and why which funds had some good years and how much that is reflected in...

I have always wondered in these situations if an agreement about reduced hours but retaining health insurance might be possible. In cases where I knew a retiree was staying on at the request of the business, the HR folks always seemed to stick strictly to no health insurance if the worker was...

I was heavily into tech mutual funds in the late 90s. Huge drops did happen to buy and hold in the specialty funds.

Most lawyers handling estates will recommend as a financial adviser "a guy they know" who they have done business with regularly. RUN AWAY, do not walk away, these sharks are after a percentage of your money, often a percentage EVERY YEAR. You can easily do just as well or better with a three...

But having siphoned off anyone who did qualify for the "young healthy" insurance, the ACA risk pool will need to be priced higher, too.

I got a similar call, but the hook was "talk about some issues with your accounts" When I quickly called back, the FA (who I had never heard of and never worked with) quickly backpedaled that he was new at the bank and just wanted to make a courtesy call in case I had any concerns or needs...

No. Re-read the rules carefully. Not all 401k allow the 55 rule and only the 401k that employed you when you retired at. Further restricted as: Otherwise, if you have too much in 401k and not enough in IRA, you can always rollover an old employer 401k to your IRA, then do 72t on the IRA...

I went to college with some people who weren't ready and just took a year off before starting freshman year. They seemed to have a better perspective and better understanding of the goals of a college education. Maybe it was because they saw what life was like for a year before college. Maybe...

People always know that Warren Buffet isn't leaving the bulk of his estate to his kids, but there's more to the story. Each of the kids did receive Berkshire stock on the death of their grandfather, which had they held on to would be worth about $72 million each at current prices. Warren...

What is the problem with crossing out the name and writing the new name? Or make a few creative additions and start the AmyOBL CoZldER YnaXmeCHANGE TRUST. I will be astonished if she turns down 500+ millions. I suspect that is lawyer posturing to help get publicity and sway the lottery board...

So any advice he gives may be ill informed because he never bothered to think about some topic or other. Why would anyone care what he suggests about any thing.

Yes, they do. I once took a real estate class where this very tactic was taught as a way to get listings. And realtors are not the only ones who read obituaries. When my mom passed, we saw several dubious characters lurking around and one who actually rang the doorbell then pretended to be...

Depending on the size of the company, you can also lobby for the 401k plan to be made a "safe harbor" plan, which exempts it from the HCE test.

It is of course your right to do as you wish with your money, but beware the other effects it has. Children who think they are getting punished or their siblings are being unfairly rewarded can resent it and exacerbate any rifts in the family. Both of my parents siblings families harbor deep...