Search found 12458 matches

by Grt2bOutdoors
Wed Jul 29, 2015 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley Wellington diversification
Replies: 9
Views: 776

Re: Wellesley Wellington diversification

Wow, thanks for the quick replies. I pretty much agree with what everybody is saying. 7-8% return probably is a bit ambitious. I'll wait until 1st quarter of 2016 before considering any changes. I like the idea of adding LifeStrategy growth into the mix, but I also subscribe to "if it ain't br...
by Grt2bOutdoors
Wed Jul 29, 2015 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 56
Views: 2954

Re: Who are you able to share good financial news with?

My spouse. My parents, in general terms.
Unfortunately, I can't share it with my siblings, and definitely not with acquaintances........lest the daggers come out.
by Grt2bOutdoors
Wed Jul 29, 2015 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 56
Views: 2954

Re: Who are you able to share good financial news with?

A corollary question to the subject question is how do you keep strong friendships as your financial means change? Envy is such a vicious beast. I don't want it mauling my friendships. Keep your mouth shut. If someone says something like it must be expensive, just nod your head, don't say what it c...
by Grt2bOutdoors
Wed Jul 29, 2015 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley Wellington diversification
Replies: 9
Views: 776

Re: Wellesley Wellington diversification

I'm 50/50 stocks/bonds in Wellesley/Wellington only. Hey...wait a minute. Didn't you just buy these funds this week? My advice would be to sit with your decision for a little while before changing again. Also, expecting returns of 7-8% is not realistic. Wellington's semi-annual report showed up in ...
by Grt2bOutdoors
Wed Jul 29, 2015 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Puerto Rico Muni Bonds: Hard-To-Sell
Replies: 7
Views: 749

Re: Puerto Rico Muni Bonds: Hard-To-Sell

Sorry for your pain, this is what happens when everyone is running for the same exit at the same time. :oops:
"More money has been lost reaching for yield than at the point of a gun" - after all these years, I see it continues to hold water. It's not different this time.
by Grt2bOutdoors
Wed Jul 29, 2015 8:01 am
Forum: Investing - Theory, News & General
Topic: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?
Replies: 45
Views: 2434

Re: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?

I get into an anxious twist whenever I try to get my head around the problem of bad sequence of returns. My problem is that there are so many unknowns--not only future market returns, but my own spending ambitions. At 55, I am at 50/50, which is a comfortable spot to stay. I will likely transition ...
by Grt2bOutdoors
Wed Jul 29, 2015 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Am I just getting old?
Replies: 19
Views: 2123

Re: Am I just getting old?

In the firehouse you have what, 6 to 12 firemen at any one time, one of them is usually a ranking officer such as lieutenant or captain. The section supervisor has a staff of say 5 people who report to him/her. What does the job entail? supervising, probably along with doing similar type computer ne...
by Grt2bOutdoors
Wed Jul 29, 2015 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Managing Savings for College and Retirement
Replies: 2
Views: 370

Re: Managing Savings for College and Retirement

Hello and welcome to the forum! Start here with a previous thread on how to pay for college: https://www.bogleheads.org/forum/viewtopic.php?t=139345 and here: http://www.forbes.com/sites/troyonink/2015/02/28/paying-for-college-how-to-position-assets-to-qualify-for-more-college-financial-aid/2/ and h...
by Grt2bOutdoors
Tue Jul 28, 2015 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Keep paying the mortgage??
Replies: 41
Views: 3047

Re: Keep paying the mortgage??

Did you not use the services of a licensed attorney? I believe a competent licensed attorney handling the closing for your behalf would have alerted you to obtaining a home inspection before you got the mortgage? I can't believe the mortgage company failed to do due diligence on the property - usual...
by Grt2bOutdoors
Tue Jul 28, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 62
Views: 5718

Re: Divorce

GoldenFinch wrote:
Grt2bOutdoors wrote:
Toons wrote:"Time Heals All Wounds" :happy


The nasty scars are all that remain as a momento, right?


The "scars" are reminders of the reality of the past and hopefully a reminder to look forward and move on.


You say it as if one needs them........ :oops:
by Grt2bOutdoors
Tue Jul 28, 2015 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 62
Views: 5718

Re: Divorce

There is the petition to file, case information sheet, the financial statements (7 pages), child support worksheets, parenting plan (10 pages), decree, separation agreement (9 pages). Certain forms have to be filed first, then others later, then you have court dates & classes. Then you have to ...
by Grt2bOutdoors
Tue Jul 28, 2015 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Investment Options
Replies: 2
Views: 239

Re: Retirement Investment Options

I'll give you a partial answer. 7% guaranteed is an amazing deal given current interest rates and stock valuations. I'd certainly be happy with it. It also allows you to do tactical asset allocation (aka long-scale market timing) with no drawbacks. The next time the stock market crashes, move 40-60...
by Grt2bOutdoors
Tue Jul 28, 2015 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with approximating total bond market
Replies: 6
Views: 249

Re: Need help with approximating total bond market

Total Bond Market has a bond duration of roughly 5.23 years as of July 27, 2015. Source: http://www.ishares.com for AGG ETF. The index measures the performance of the total U.S. investment-grade bond market. The index includes investment-grade U.S. Treasury bonds, government-related bonds, corporate...
by Grt2bOutdoors
Tue Jul 28, 2015 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1127

Re: Setting up new portfolio

My dad is a stockbroker and is adamant on putting all of it into a financial services mutual fund, but I just wouldn't be able to sleep at night doing that..... What's a "financial services mutual fund"? I would have thought Vanguard qualified. Index funds are mutual funds. Or you can cho...
by Grt2bOutdoors
Tue Jul 28, 2015 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 62
Views: 5718

Re: Divorce

^^ Congrats and best wishes that you never will need the services that start off with Divorce as the lead in the title.
by Grt2bOutdoors
Tue Jul 28, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: Interesting Statistic & Assumption on 529 plans
Replies: 9
Views: 684

Re: Interesting Statistic & Assumption on 529 plans

Nothing like paying a 5.75% upfront sale charge to get Junior off to the right start in paying for college! :oops: I'll bet the financial advisor is selling it to the parents and grandparents that they are doing a great thing for their child, they just forgot to mention that it will also help pay fo...
by Grt2bOutdoors
Tue Jul 28, 2015 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 62
Views: 5718

Re: Divorce

Toons wrote:"Time Heals All Wounds" :happy


The nasty scars are all that remain as a momento, right?
by Grt2bOutdoors
Tue Jul 28, 2015 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 62
Views: 5718

Re: Divorce

Thanks for your responses. I'll check the divorce help site. I'm hoping to find some examples of parenting plans and financial distributions. I suspect my wife and I will be able to workout a good (in the context) plan for the kiddo. Assets are another story. I have assets that were accumulated pre...
by Grt2bOutdoors
Tue Jul 28, 2015 2:18 pm
Forum: Investing - Theory, News & General
Topic: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?
Replies: 45
Views: 2434

Re: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?

I always laugh when a poster like "Clive" says : " Own a home, which is like having a roof over your head with all rent paid in advance. The home value also provides a cushion in perhaps ultimately being sold in order to fund care in twilight years." .....they make it sound like...
by Grt2bOutdoors
Tue Jul 28, 2015 1:43 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 163
Views: 9250

Re: Would you look down on a co-worker for driving a beater?

Interesting that this thread has gone on for three pages, and no one yet has said yes, I would look down on you, or I know decision makers at my company would look down on it. I don't see what's wrong with driving a clean, quiet beater at any point. The poster who mentioned signaling is correct tha...
by Grt2bOutdoors
Tue Jul 28, 2015 1:38 pm
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 5907

Re: wife got in wreck with Honda CRV - no collison coverage

Long ago, well, not that long long ago, my driving instructor said if you are doing 55 on a highway, ideally you want to have a 3 car minimum gap between you and the guy in front of you, otherwise you may not have enough time or space to stop your car before careening into the first car. It's been ...
by Grt2bOutdoors
Tue Jul 28, 2015 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Major home renovation your thoughts
Replies: 22
Views: 2046

Re: Major home renovation your thoughts

Sprinklers in your home? Not cost effective or pleasing to the eye lest you like sprinkler caps in your ceilings. I would also be very concerned about leaks from the lines over the years. Unless you already have water lines running through the ceilings, it's just one more spot for water infiltratio...
by Grt2bOutdoors
Tue Jul 28, 2015 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Major home renovation your thoughts
Replies: 22
Views: 2046

Re: Major home renovation your thoughts

I don't know much about them except they are effective in limiting fat tail risk from a fire, and that we looked at a home owned by a firefighter and he had installed them. Most home fires are in the kitchen so at least having one there seems worth considering. Most home fires in the kitchen are of...
by Grt2bOutdoors
Tue Jul 28, 2015 1:05 pm
Forum: Personal Consumer Issues
Topic: Fuel injector cleaning
Replies: 16
Views: 724

Re: Fuel injector cleaning

I just called Chevron corporate because I could not find any Chevron stations listed for Tennessee. Was told there are no Chevron nor Texaco stations in and north of Tennessee. Also was told that the same additive is used in Texaco gasoline as is used in Chevron (i.e., Techron) Chevron owns Texaco....
by Grt2bOutdoors
Tue Jul 28, 2015 12:59 pm
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 5907

Re: wife got in wreck with Honda CRV - no collison coverage

What does your wife say about all this? She cries about it. She does not agree it was her fault. It was a mess from the day of the accident. A truck dropped cement or a steel beam and caused the first car to stop, then 5 cars after her ran into the back of each other. My wife was the last car. The ...
by Grt2bOutdoors
Tue Jul 28, 2015 9:39 am
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 5907

Re: wife got in wreck with Honda CRV - no collison coverage

I would be better off if I had collision on it, but will likely sell it to salvage. I will look for a used (2004-2008)Honda Civic , Accord, or Acura TSX for her. Thank you everybody for the responses. I really appreciate the wisdom here. I will talk with her about a defensive driving class as well....
by Grt2bOutdoors
Tue Jul 28, 2015 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Major home renovation your thoughts
Replies: 22
Views: 2046

Re: Major home renovation your thoughts

Sprinklers in your home? Not cost effective or pleasing to the eye lest you like sprinkler caps in your ceilings. How about this solution - hard-wired combination smoke/fire/carbon monoxide alarms placed in each of the bedrooms and common living areas, just outside of the kitchen (not recommended di...
by Grt2bOutdoors
Tue Jul 28, 2015 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Investing $3,000 for a 1-year old
Replies: 14
Views: 1529

Re: Investing $3,000 for a 1-year old

Your best bet is to open a 529 college savings plan as it can grow tax-deferred and ultimately be tax-free if spent on college expenses. If your state has income tax, there likely is a tax credit available. Most plans have age-based funds that start out aggressively allocated, and gradually pullbac...
by Grt2bOutdoors
Tue Jul 28, 2015 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing $3,000 for a 1-year old
Replies: 14
Views: 1529

Re: Investing $3,000 for a 1-year old

Hi everyone, I want to invest $3,000 for my 1-year old daughter and contribute around $10,000 for the next 30 or so years, presumably having her contribute as well once she starts working. I am thinking of Vanguard UGMA/UGTA account but am not sure whether this is the best choice. Is there a viable...
by Grt2bOutdoors
Tue Jul 28, 2015 8:07 am
Forum: Personal Consumer Issues
Topic: Fuel injector cleaning
Replies: 16
Views: 724

Re: Fuel injector cleaning

Gas itself have additives so you dont need one. However if you still want to use, go to costco and buy chevron fuel system cleaner 6 pack with offers will be around 14 bucks and you can throw on your last gas tank fill before oil change. There are many time where you can get buy1 and get 1 offers i...
by Grt2bOutdoors
Tue Jul 28, 2015 7:57 am
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 5907

Re: wife got in wreck with Honda CRV - no collison coverage

I'd never spend $10K to re-inflate a car. Find the safest mid-size or larger you can possibly afford. Volvo comes to mind (something like S60 or larger) but I'm sure there are other similar models. will look into the Volvo, what about $5K to repair the CRV? What is the list of items that need to be...
by Grt2bOutdoors
Mon Jul 27, 2015 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2781

Re: Need a Piece of Evidence on the Boglehead Strategy

You asked for a piece - would an article from Time Magazine suffice? If the largest pension fund in the country is embracing index investing, why shouldn't the little guy follow the smart money? :D http://time.com/3397072/index-funds/ Here's a more recent article talking about pension funds catching...
by Grt2bOutdoors
Mon Jul 27, 2015 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: How long until a $10,000 loss matters?
Replies: 39
Views: 3296

Re: How long until a $10,000 loss matters?

My portfolio is down well over $10,000 over the past week. No big deal the market ebbs and flows and I am still drawing a steady check. I was wondering when you are retired how long does it take and how large a loss before you think this might have a material effect on my retirement? If you follow ...
by Grt2bOutdoors
Mon Jul 27, 2015 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: How long until a $10,000 loss matters?
Replies: 39
Views: 3296

Re: How long until a $10,000 loss matters?

I've already lost $10,000 this year. If you don't sell you haven't lost it though. Okay, rephrase your net worth is $10,000 less than it was a week ago. If retired, or close to retiring (within a 5 to 7 year window), at that point you should be positioning your portfolio to be more conservative. Wh...
by Grt2bOutdoors
Mon Jul 27, 2015 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement finances for two
Replies: 8
Views: 1383

Re: Retirement finances for two

An estate planning attorney would be useful as would a pre-nup. Make sure you spell out your wishes in writing, before witnesses and have it properly documented. Especially the part of "a life estate" in the home - lest you find yourself out in the street when the heirs inherit the home. D...
by Grt2bOutdoors
Mon Jul 27, 2015 12:06 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 163
Views: 9250

Re: Would you look down on a co-worker for driving a beater?

Yes, it can and probably will impact your colleagues' perceptions of you if they see you pull up in a "beater" that is the "worst car in the lot." Some may assume that you don't have your finances in order, even if you drive your car for the exact opposite reason (you must not b...
by Grt2bOutdoors
Mon Jul 27, 2015 9:03 am
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 10
Views: 590

Re: Book Recommendation for New Investor

William Bernstein's "If You Can" was specifically written for people in your daughter's position/age bracket. All of Bernstein's books are excellent. "If You Can is a short, inexpensive e-booklet aimed at getting twenty-somethings with their first 401(k) started on the path to retire...
by Grt2bOutdoors
Mon Jul 27, 2015 9:02 am
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 10
Views: 590

Re: Book Recommendation for New Investor

The Little Book of Common Sense Investing - John Bogle
by Grt2bOutdoors
Mon Jul 27, 2015 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Yearly Check-Up
Replies: 8
Views: 1311

Re: Yearly Check-Up

Lafder wrote:Phenomenal savings for someone your age!! I think we had closer to 100k at your age, and we are good savers.
lafder


It is, but then again I suppose you did not have a 200K windfall at age 22 either?
by Grt2bOutdoors
Sun Jul 26, 2015 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Job with TSP + pension vs 401k 12% cash match
Replies: 16
Views: 1475

Re: Job with TSP + pension vs 401k 12% cash match

401k matches can be "cut or eliminated" at any time. Elimination of the federal pension is close to nil, modifying the benefits it offers though is more likely.
by Grt2bOutdoors
Sun Jul 26, 2015 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4046

Re: What are your financial goals?

33x annual expenses allow you to withdrawal 3% per year and meet your annual expenses - this is thought to be a safe withdrawal rate. ^True, but based on the belief that market returns will not support a typical 4% withdrawal rate, so to make it more likely that retirement portfolio does not deplet...
by Grt2bOutdoors
Sun Jul 26, 2015 11:01 pm
Forum: Investing - Theory, News & General
Topic: Falling Short: Prescription to Save Retirement
Replies: 5
Views: 1336

Re: Falling Short: Prescription to Save Retirement

I don't disagree, I am skeptical when people start assigning the term "expert" without having first peformed significant due diligence and second, disclosing it to justify the expert labeling. Being assigned or endowed to run a retirement research center at an academic institution should n...
by Grt2bOutdoors
Sat Jul 25, 2015 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: $100,000 to invest for two years
Replies: 13
Views: 1330

Re: $100,000 to invest for two years

Put it all on #3 in the fifth race.......... It's a sure thing....I tell ya! :twisted:
by Grt2bOutdoors
Fri Jul 24, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1127

Re: Setting up new portfolio

Sorry for your loss. What is the interest rate on the student loans? If it's higher than 4%, take $10K from $250K and pay off the loans. Put $150K on side for home purchase, that takes you down to $90K. Since you are 29, your RMD's for the first year would amount to 1.84% of $50K or $920 per year, p...
by Grt2bOutdoors
Fri Jul 24, 2015 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire early?
Replies: 25
Views: 4494

Re: Can I retire early?

No, not if your $115k in expenses is net of applicable taxes when you start selling assets to obtain your living expenses. Let's say taxes at retirement are 25% (all-in), that means you really need to withdraw about $150, assume your assets with contributions and market correction reach $2.5 million...
by Grt2bOutdoors
Fri Jul 24, 2015 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Stock....Where's the downfall
Replies: 4
Views: 684

Re: Buying Stock....Where's the downfall

Or.....merger is approved to go through but first seller must divest certain operations that acquirer wanted, now selling price gets adjusted downwards....ooops.......
by Grt2bOutdoors
Fri Jul 24, 2015 11:21 am
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation
Replies: 9
Views: 815

Re: 529 Asset Allocation

Age based asset allocation - as one gets closer to needing the money to pay for school, not advisable to be holding 100% equity. Take a look at the Utah 529 plan (http://www.uesp.org) for ideas on asset allocation, notice as one gets closer to age 18, whether you are in an aggressive age based plan ...
by Grt2bOutdoors
Fri Jul 24, 2015 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing as a High Schooler
Replies: 12
Views: 1067

Re: Investing as a High Schooler

It is very nice that your parents are paying for college. If you happen to go to a CSS college (most private colleges), they will reduce your "need" by 20% of your assets, including retirement accounts. This, of course reduces financial aid. Gotta love these private colleges - they operat...
by Grt2bOutdoors
Fri Jul 24, 2015 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Investing as a High Schooler
Replies: 12
Views: 1067

Re: Investing as a High Schooler

Welcome to the forum! Follow the Golden Rule - treat others as you expect to be treated. When the rule is violated, either by yourself or others - bail. Don't be someone's door mat or rug. Invest your time and energy with like-minded folks. Stay away from trouble, don't be tempted by short-cuts in l...

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