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That is a sweeping statement well grounded in ignorance of all the facts. I never said anything about the risk of a loss. I have owned for property 20+ years and basis in very small. I don't have to wait for a hypothetical profit. I have one business tenant (you made it plural) that occupies the...

Your suggestion would be a good way to do it but 1) I have a long term reliable tenant 2) the commercial industrial market is not good right now 3) It would generate a fairly substantial state and fed. cap gain tax. Yes, I am uncomfortable every day of the week with 1/3 of my stash in a...

Greetings. I have retirement portfolio that includes a bricks and mortar commercial/industrial real estate holding that is a major compent of my retirement income. Its value compromises about 1/3 of the value of my total retirement portfolio. The other 2/3s is at Schwab with equity and fixed...

If one invested the remaining balance of their retirement portfolio 100% in equities after the purchase of a SPIA, wouldn't that preclude the ability to rebalance in the future?

Yes, thanks, I would. It was much to verbose and ended up looking silly based on early replies and I agree with them. It was posted yesterday as : "What do these 2 facts tell you about me and my retirement portfolio (multiple choice)"

Can I do this and if so, how? Thanks.

1. cat food 2. Groceries 3. Medical insurance, including long term care insurance distant 4th is property taxes. The stupid cat never likes anything so it seems that way.

Why I don't like retirement: I never get a day off!

The Journal of Financial Planning is going to have this article in the Jan. 2010 issue. It is a subject I have been considering. It will probably be worth a read- "Achieving Sustainable Retirement Withdrawals: A Combined Equity and Annuity Approach".

Same here. How does one check their FICO score? Can someone comment?

Good logic, rsingh. The stock I was referring to is Gladstone Commercial symbol- GOOD. I think there is a separate board for discussing individual stocks.

I own a small REIT that pays about 11% at current prices, almost 20% on my cost. It is well managed by high integrity management. Yes, it is in commercial properties but has no debt coming due soon and it's properties have all 100% of tenants paying rent according to terms. Hesitate to name it...

Based on the concern stated in your question you might want to understand this concept before deciding- "Key Bond-Fund Terms Duration: A precise look at a fund's sensitivity to interest rates, factoring in when interest payments are made as well as the final payment. For every 1% change in...

dangermouse, we have it down to exactly how much to buy for a particular meal, For example, we have fresh haddock once a week and the amount is .50-.55 lbs. for the two of us. Not one bite left over and we both are satisfied. When I buy it and ask for .50 lbs and if they throw .60lbs. or more...

Vicente, you are a solid, clear cut #7 on my list. The first one I think!

I tend to buy stuff daily as we eat it. Sometimes I wonder that may be cheaper than buying stuff in bulk and running around looking for sales because there is (I think) less wastage. When I do freeze I label and date it. My wife doesn't, so there is always mystery stuff in the freezer that...

Audrey, I'm with you on this part. Good cooking from scratch is a new skill I have developed since I retired, much to the delight of my wife. I am getting a local reputation as good cook. So, what I do is cook meals for households where the cooking member is sick or has become temp disabled. I...

When you cook dinner on an average night do you: 1. Look through recipes and then go shopping for all the needed ingredients for the chosen dish. 2. Go to the store and buy what looks good and hope you have whatever other ingredients needed on hand at home. 3. Buy everything...

ok, the all clear just sounded. Our daughter just called and is no longer requesting the $2,000. I don't completely understand it but the loan underwriter said the $2,000 needed for her to show could not come from a parental gift. Anyway, she has second thoughts about asking us and going a...

I learned that regardless on the intent, you have to look at it like it is money gone for good, i.e., a gift.

Our 30+ child (single) asked for $2,000 in order to help with refinancing an existing mortgage. The refinancing is an optional event. On one hand we think it is beyond the time when retirees like us should be asked to help out with money, but on the other hand we want to help our children. This...

snopes.com: Free Cell Phones for Welfare Recipients

RWR (required withdrawal rate) is defined as the amount you need annually from your portfolio, i.e., your initial withdrawal rate in first year of retirement indexed to inflation thereafter. I misnamed the SWR as the safe withdrawal rate. He calls it the sustainable withdrawal rate, or the...

Of course there probably won't be any increase in the pension amount so the net will be down- BOOO!

Blue Cross and Blue Shield standard option self and family. They have been doing a good job keeping the premium increases low, I think.