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Hello, I'm a middle-aged single person on fixed income living in a condo in U.S. that is worth about 180K. HOA (assoc) fees are about $500 a month. Property taxes + HOA fees are eating me alive. However, have substantial savings ($480,000 +) due to an inheritance. Am on a fixed income...

I have a question in which the answer must seem obvious but would like an explanation :-\ Hypothetical 2 yr scenario: Assuming 3% annual inflation rate: August, Year 1: Total net worth of $300K (earning 0% interest in bank) Zero debt $12,000 annual income $12,000 annual expenses August...

When using Quicken, should I count inflation as an expense? For example, expenses list: -Utilities $130 (per mo) -Medical bills (varies) -Inflation (I multiply total liquid assets by estimated inflation rate) ... This comes to a whopping $500 per month! ) For example, 300K in total assets x...

I checked Vanguard Wellington Inv (VWELX) on Yahoo! Finance, and it shows it went down 4.15%....how is this possible or am i reading it wrong?? IF this is correct, what could be the possible reasons for such a huge drop?? i can't figure it out

Hello, i'm in my 30s and on disability. i have 80% in stocks, the rest in cash/bonds, totalling about 300k. My risk tolerance is fairly high. i've heard that for someone my age, it is better to have an 80/20 allocation because i have at least 10 years to invest. is this true, in general? I...