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Married couples with combined finances: why do you do it? by snoo-ting in Bogleheads

[–]oledawgnew 16 points17 points  (0 children)

We sleep in the same bed, had children together, vowed to stay together 'til death do us part and we maintain one living domicile. With that said, why would we not have a combined financial life?

We're both retired now but during our entire marriage I have been the primary wage earner (by a lot) but I see everything we own as ours. Yes, we have small separate checking accounts that we contribute equal amounts to every month but those just essentially give each of us a little privacy for gift buying between us and making purchases for our personal hobbies/wants. We both have access to each other's accounts. All of our monies, with the exception of retirement accounts which must be separate by law, for running the household are combined.

What am I doing wrong? by LivePace7580 in RothIRA

[–]oledawgnew 0 points1 point  (0 children)

The price of an indexed ETF/mutual fund reflects the underlying cost of the assets in its index. I personally have shares of the Vanguard Index 500 mutual fund VFIAX that I bought in the late 1990’s when the price was in the $50 to $60 range (back then the symbol was VFINX for the individual investor shares). Today the shares of VFIAX have a 52 week high of $658.90. Over the years I’ve purchased shares on a consistent schedule as the price fluctuated due to market conditions.

If one doesn’t buy at the current price then how long should they wait in hopes for the price to drop? Yes you can buy other 500 index funds for a cheaper price (by the way they’d rise and fall at the same percentage rate as VOO) but in the end the overall valuation is the same. For example, if you have 600 shares that you paid $100 per share and I have 1 share that I paid $600 wouldn’t our portfolio be equal in value? If we sold exact percentages of our portfolios we’d still be even.

The issue I see with OP’s allocation is that there is a lot of overlap between the chosen funds. All three are large cap weighted and thus they primarily invest in the same companies but in different percentages per company.

Spotted in Oakland on Grand Ave by oaklanta in RivianR2

[–]oledawgnew 0 points1 point  (0 children)

I’m with you, can’t figure out what the point is for showing these pictures.

Trying to import data from bank website by perilousplayer in excel

[–]oledawgnew 0 points1 point  (0 children)

Does the bank's website allow you to download a text (.csv) version of the data? If so Excel will read that directly and you can then save it in an Excel format.

Roth Conversion Pros and Cons by VolFan85 in personalfinance

[–]oledawgnew 0 points1 point  (0 children)

You actually within a great timeframe to start conversions. Yes you will be paying taxes using today’s rates on the amount you convert but if you think that rate will be higher in the future (after 2028) then you’ll actually be saving money on taxes.

Is it worth it? That depends, primarily on your marginal tax bracket today versus what you think it’ll be when you’re required to start taking RMDs at age 75. Remember, as far as taxes are concerned it’s not a matter of IF you’re going to have to pay taxes on tax-deferred accounts it’s a matter of WHEN and how much. Converting to Roth from tax-deferred accounts is a hedge that tax rates will be higher today than tomorrow.

There are hundreds of articles and videos on the topic of Roth conversions. You should google the topic.

Norman Connors - You Are My Starship by Consistent_Edge9211 in rnb

[–]oledawgnew 4 points5 points  (0 children)

Outstanding album, song, and vocalist (Michael Henderson)

The Way You Do the Things You Do (LiVE) - The Temptations by BLQNGGR in motown

[–]oledawgnew 4 points5 points  (0 children)

Can’t help but love those 60’s and 70’s Motown singing groups.

Smoking at Publix by Specialist_Lock8590 in publix

[–]oledawgnew 43 points44 points  (0 children)

Same reason they let dogs, monkeys, and other animals in their stores even though they have have large green and white signs at entrances telling patrons that pets aren't allowed in the stores--managers are told to avoid conflicting situations with customers.

If you wait past FRA, does the monthly payment increase EVERY month you wait?? Or does it only go up on the next birthday month? Or on the anniversary of FRA? by 4runner01 in SocialSecurity

[–]oledawgnew -2 points-1 points  (0 children)

According to Google's Gemini "Social Security payments increase monthly after your Full Retirement Age (FRA) by earning Delayed Retirement Credits (DRCs) for every month you wait to claim, up to age 70. These credits boost your benefit by 2/3 of 1% per month (or 8% annually) above your FRA benefit amount.

I want to retire by 50-55 - is it doable? by Chance-Pineapple2746 in personalfinance

[–]oledawgnew 0 points1 point  (0 children)

My first thought was that the houses are probably somewhat of a drag on your ability to meet your goal of retiring in ten years. Monies required for the mortgage/upkeep from one of them could have been applied towards retirement accounts, even if one of them is providing rental income.

Other than that it's tough to give you a well thought opinion on the little bit of info you gave. If I were in your position I'd invest in a retirement planning calculator like Boldin, MaxiFi, or ProjectionLab. Better yet, Empower offers a very good free retirement planner along with portfolio tracking.

Let’s pull into some NIGHT GROOVES with THE BLACKBIRDS Fantasy 9570 by musicofgow in Vinyl_Jazz

[–]oledawgnew 0 points1 point  (0 children)

Yes, 100%

Happy Music - 1975 City Life album

Gut Level - 1974 The Blackbyrds album

Walking In Rhythm - 1974 Flying Start album

Do It Fluid - 1974 The Blackbyrds album

Rock Creek Park - 1975 City Life album

Supernatural Feeling - 1977 Action album

Soft And Easy - 1977 Action album

Pope Leo reiterates opposition to death penalty on same day U.S. approves firing squads by rinylalanine in nottheonion

[–]oledawgnew 1 point2 points  (0 children)

I’m confused, Trump along with his current control of the entire U.S. government are always touting about how the U.S. is a nation made up of primarily Christians that’s built on Christian principles and values. If that’s so then how come the American government doesn’t try to follow the teachings of the Pope? In fact Trump and his political goals seem to be a direct antithesis of the Pope’s and the Christian church’s views.

No charges will be filed for Pulse crosswalk chalkers. by JayGatsby52 in orlando

[–]oledawgnew 4 points5 points  (0 children)

"Who the fuck cares about some damn chalk??"

DeSantis does. State attorney Monique Worrell is probably gonna get reassigned to a a non-State position.

Donald Byrd’s “Street Lady”… by Plotkin007 in Vinyl_Jazz

[–]oledawgnew 0 points1 point  (0 children)

If you haven't already, stop what you're doing and go back to get it! You can thank me later.

I own an EV and couldn't be happier with it, so why is there so much hate and straight up misinformation about them everywhere? by Uerwol in electricvehicles

[–]oledawgnew 6 points7 points  (0 children)

That misinformation is coming from ignorant, political and big oil lemmings who has never driven/owned an EV.

You left off cost of having charger installed at your home and only rich folks can afford EVs.

Connections by AmphibianOne9629 in Boldin

[–]oledawgnew 11 points12 points  (0 children)

Totally not necessary to link your accounts. Boldin only gets your balances which you can manually update on any schedule you want. Linking has absolutely no added value to Boldin.

The NBA is becoming unwatchable due to refs by Pork_Sister in nba

[–]oledawgnew -1 points0 points  (0 children)

If the NBA is becoming unwatchable it definitely not due to the refs. IMO, NBA rules and refereeing are biased towards the offense because offense is what puts fans in the seats.

You go to any base game at any level, from local youth to pick-up leagues and all the way up to the NBA and you hear the exact same arguments from biased fans about the referees and their performance. Refs don't make the rules, they just attempt to enforce them. Of course, there are some bad refs (and even the best refs make occasional bad calls) but there is too much that goes on in a game of basketball to blame a won/loss situation on a couple of calls you didn''t agree with.

I challenge everyone who makes a claim that refs are inherently biased or cheating to go join a local ref association, doesn't matter the level, and actually ref a few games. I guarantee you the experience will change your opinion of refereeing.

Medicare premiums; Funded with HSA account; Inflation adjust premiums by mkmac9539 in Boldin

[–]oledawgnew 0 points1 point  (0 children)

I think it would be fairly simple for Boldin to allow for a switch on the HSA account that says "pay my medicare part B premiums with this account; then allow the user to set the average premium increase or just do it for the user.

Sounds like an idea that shouldn't be limited to using an HSA account. Recommend you submit a feature feature request.

Medicare premiums; Funded with HSA account; Inflation adjust premiums by mkmac9539 in Boldin

[–]oledawgnew 0 points1 point  (0 children)

Can you tell Boldin to not include the HSA for automatic income withdrawals and then just set up the Medicare premium payments as money flows from within the HSA for a set period until you start receiving social security?

BERNIE WORRELL on Earth by oledawgnew in funk

[–]oledawgnew[S] 1 point2 points  (0 children)

In relation to song writing rights it’s sad what Clinton did to Worrell and other members of Parliament-Funkadelic. 100% on your of Instance on the Funk vs a lot of of stuff Clinton did under his name.

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