Search found 11846 matches

Return to advanced search

Re: 29 y/o Financial Situation/Portfolio Suggestions

Was hoping I could get some advice on my portfolio and financial situation. I just turned 29 years old and I'm currently making $52k/year, living in Chicago. Net worth: $82,000 Retirement AA: 80% Equity / 20% Bonds Roth IRA: $47k in Vanguard SEP-IRA: $11k in Vanguard (my company does not have a 401...
by Grt2bOutdoors
Fri Apr 24, 2015 2:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: 29 y/o Financial Situation/Portfolio Suggestions
Replies: 3
Views: 319

Re: Marriage and splitting expenses

an_asker wrote:
Grt2bOutdoors wrote:87 Posts - not one comment or response from the OP. Any wonder? :twisted:

OP has responded twice.


Yes, early on in the posting, nothing since yesterday at 12:41am.
by Grt2bOutdoors
Fri Apr 24, 2015 9:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 100
Views: 5064

Re: Home Improvements - Need Help/Advice on how to proceed

As someone who not too long ago did a home renovation that included an addition here are some thoughts: - Get recommendations for an architect from friends/colleagues who used them and liked the end product. Visit the "end product" if you can. When the architect comes to scope out the proj...
by Grt2bOutdoors
Fri Apr 24, 2015 9:23 am
 
Forum: Personal Finance (Not Investing)
Topic: Home Improvements - Need Help/Advice on how to proceed
Replies: 2
Views: 253

Re: 2 million dollar mistake meeting with MIL's financial gu

I may not know much, but I know not to take investing advice from an insurance agent. I get calls from MetLife on a regular basis, wanting to help me with "tax planning strategies for my 401K plan" :oops: Or to go over my life insurance needs, don't waste your money on term they tell me! ...
by Grt2bOutdoors
Fri Apr 24, 2015 8:47 am
 
Forum: Personal Finance (Not Investing)
Topic: 2 million dollar mistake meeting with MIL's financial guy
Replies: 23
Views: 4431

Re: I am torn about AT&T stock

Often wonder if (older especially) investors do not fully realize that "AT&T" is NOT the "AT&T" stalwart dividend stock that was owned by many many people especially in the era before good mutual funds were popular as part of their retirement/investments. My Mom for exam...
by Grt2bOutdoors
Fri Apr 24, 2015 8:44 am
 
Forum: Investing - Help with Personal Investments
Topic: I am torn about AT&T stock
Replies: 19
Views: 1848

Re: Marriage and splitting expenses

87 Posts - not one comment or response from the OP. Any wonder? :twisted:
by Grt2bOutdoors
Fri Apr 24, 2015 8:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 100
Views: 5064

Re: Pharmacy School Loan Advice

My understanding is federal loans offer certain benefits that private loans do not. http://www.direct.ed.gov/student.html - Start here for the federal loans. The big lenders in private loans are Wells Fargo, Discover Bank, Sallie Mae. (take a look at the investor page of Sallie Mae, particularly the...
by Grt2bOutdoors
Fri Apr 24, 2015 8:20 am
 
Forum: Personal Finance (Not Investing)
Topic: Pharmacy School Loan Advice
Replies: 6
Views: 649

Re: Who follows Age in Bonds

I've never really subscribed to "age in bonds". We're at 70/30 right now, as we check off goal posts we will dial back on equities and add more to fixed income. It's more about keeping what I have plus some growth for legacy purposes. I don't care if I'm not the richest man in the graveyar...
by Grt2bOutdoors
Fri Apr 24, 2015 8:15 am
 
Forum: Investing - Theory, News & General
Topic: Who follows Age in Bonds
Replies: 31
Views: 1974

Re: What is too long to stay the course?

The Captain of the Titanic stayed on course too long. :happy I will simply repeat that "stay the course" is a horse racing not a maritime term :happy https://www.bogleheads.org/forum/viewtopic.php?f=10&t=130693#p1924995 We should let the maritime expert voice his opinion. Where is Tay...
by Grt2bOutdoors
Fri Apr 24, 2015 8:05 am
 
Forum: Investing - Theory, News & General
Topic: What is too long to stay the course?
Replies: 36
Views: 2034

Re: What is too long to stay the course?

I'm not usually one for Schadenfreude, but for the folks who called me an idiot for paying down my mortgage instead of joining them in getting rich on QQQ, well, nah, it's not nice to gloat. I recall being the contrarian sitting in a classroom taking an investment analysis course, the professor hel...
by Grt2bOutdoors
Fri Apr 24, 2015 7:59 am
 
Forum: Investing - Theory, News & General
Topic: What is too long to stay the course?
Replies: 36
Views: 2034

Re: What is a Boglehead?

Frugal Rolex Wearer :D
by Grt2bOutdoors
Thu Apr 23, 2015 4:07 pm
 
Forum: Investing - Theory, News & General
Topic: What is a Boglehead?
Replies: 37
Views: 1506

Re: Giving Vanguard VTSMX as a Wedding Gift

Was wondering if anyone knew the logistics of this. Person I want to gift to does not have a Vanguard account. Is it possible? After my initial posted thought (it being an unorthodox method of wedding gift giving), suggest you give a call to Vanguard customer service and inquire on what is required...
by Grt2bOutdoors
Thu Apr 23, 2015 2:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Giving Vanguard VTSMX as a Wedding Gift
Replies: 28
Views: 1849

Re: Giving Vanguard VTSMX as a Wedding Gift

You're joking, right? Give them the cash and a card, if you don't have the cash in hand, sell your shares, pay the tax and give them the proceeds. I didn't say "the cash" I just said cash. I didn't know the OP didn't have any cash. I may have missed that info. I think cash in general is a...
by Grt2bOutdoors
Thu Apr 23, 2015 2:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Giving Vanguard VTSMX as a Wedding Gift
Replies: 28
Views: 1849

Re: Giving Vanguard VTSMX as a Wedding Gift

You're joking, right? Give them the cash and a card, if you don't have the cash in hand, sell your shares, pay the tax and give them the proceeds.
by Grt2bOutdoors
Thu Apr 23, 2015 2:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Giving Vanguard VTSMX as a Wedding Gift
Replies: 28
Views: 1849

Re: Financial Health Critique Please!

Big mistake increasing your overall equity allocation when you are close to winning the game! Instead, consider increasing your international allocation from 20% to 30%, adding either a slice of VSS or VWO or a combination of the two of them. International has underperformed domestic for the last 5 ...
by Grt2bOutdoors
Thu Apr 23, 2015 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health Critique Please!
Replies: 4
Views: 319

Re: investing for child

http://fairmark.com/custacct/index.htm

See the link above for a comprehensive understanding what UTMA's can and can't do.
by Grt2bOutdoors
Thu Apr 23, 2015 1:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: investing for child
Replies: 4
Views: 415

Re: A Great List of Useless Financial Porn Phrases

"When EF Hutton speaks, everyone listens" "It's a no-lose proposition" "The market is selling off on the expectations of higher interest rates". The following day, "the market is rising on the expectations of higher interest rates". "With us now on CNBC i...
by Grt2bOutdoors
Thu Apr 23, 2015 11:54 am
 
Forum: Investing - Theory, News & General
Topic: A Great List of Useless Financial Porn Phrases
Replies: 25
Views: 2651

Re: I am torn about AT&T stock

The organic business does not generate enough spare cash to pay dividend & debt. That should tell you all you need to know. This ain't Apple... Are you so sure about that? I calculate 11X interest coverage. Current portion of debt is 6.5 billion, long term portion is 77 billion. There is suffic...
by Grt2bOutdoors
Thu Apr 23, 2015 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: I am torn about AT&T stock
Replies: 19
Views: 1848

Re: I am torn about AT&T stock

One reason to sell: Google Inc on Wednesday launched a new U.S. wireless service that switches between Wi-Fi and cellular networks to curb data use and keep phone bills low. https://fi.google.com/about/plan/ Mike And your projection on attrition is what? 50%, 60%, 80% of the clients will transition...
by Grt2bOutdoors
Thu Apr 23, 2015 11:34 am
 
Forum: Investing - Help with Personal Investments
Topic: I am torn about AT&T stock
Replies: 19
Views: 1848

Re: Marriage and splitting expenses

My views are largely those of cheese_breath, but I sense the OP's initial comment is being overlooked--e.g., " I've been with my spouse for some time, but we've never lived together." I've never been involved in a commuter marriage, but it's not difficult for me to see that if folks have ...
by Grt2bOutdoors
Thu Apr 23, 2015 11:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 100
Views: 5064

Re: Best home mortgage lenders?

lender that the seller wanted me to use is this a joke? since when does the sellers starts to insert themselves in the middle of a lending transaction between a buyer and lender? The seller could have been a Bank that owned the real estate and wanted a "fast close" to get the property off...
by Grt2bOutdoors
Thu Apr 23, 2015 7:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Best home mortgage lenders?
Replies: 23
Views: 2074

Re: Marriage and splitting expenses

We have a rule that solves the splitting expenses issues: "What is mine is hers and what is hers is hers." Love that. My wife likes to pay with cash, I hate standing in line to pay for anything and never carry cash. So... she pays for everything whenever we go out. And she gives the kids ...
by Grt2bOutdoors
Thu Apr 23, 2015 7:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 100
Views: 5064

Re: Marriage and splitting expenses

Frankly speaking, this was a conversation to have had way before you tied the knot. Use one checking account - all net income goes in, all expenses get paid out of it. If you want to have some autonomy, each person takes out X dollars per pay period (let's call it $100 each), spend it or save it you...
by Grt2bOutdoors
Thu Apr 23, 2015 7:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 100
Views: 5064

Re: I am torn about AT&T stock

bertie wooster wrote:Sell it. 2% of your portfolio is meaningless.


That's what those who were holding Apple ten years ago said too, it's meaningless. :twisted:
by Grt2bOutdoors
Wed Apr 22, 2015 1:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: I am torn about AT&T stock
Replies: 19
Views: 1848

Re: ETF Portfolio for Retirement Account

During the height of the recession I was still in school so I did not have much money at all in the market. It can be very different when you are in your 40s and you have less time to recover from your losses. There were some white-knuckle moments... It depends on where you are in your 40's. My wif...
by Grt2bOutdoors
Wed Apr 22, 2015 1:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: ETF Portfolio for Retirement Account
Replies: 10
Views: 510

Re: I am torn about AT&T stock

I have some AT&T stock that has been around 32-33 dollars a share for a while now. I am thinking about selling them and put $$ into index. But the dividend has been good (around 5%). I won't incur significant gains or loss if I sell them. They are not a significant part of my portfolio (around ...
by Grt2bOutdoors
Wed Apr 22, 2015 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: I am torn about AT&T stock
Replies: 19
Views: 1848

Re: Portfolio tune-up before baby arrives

Use the Total Bond Market Index fund within your pre-tax 401k or IRA accounts. If you do hold bonds in a taxable account at some point, use the tax exempt fund in that location only. You receive no real benefit in holding a tax exempt fund within a tax deferred account, in fact your are penalized - ...
by Grt2bOutdoors
Wed Apr 22, 2015 1:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio tune-up before baby arrives
Replies: 5
Views: 430

Re: Inherited farmland: Should we sell or keep?

I have no direct knowledge of farmland values or their risks/rewards. If you want to read up more on the state of US Farming - focus on the companies that actually supply to farmers, they are exposed to the vagaries of farmland economics. Companies like Deere, Monsanto, Mosaic, Potash of Sask. (spel...
by Grt2bOutdoors
Wed Apr 22, 2015 12:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Inherited farmland: Should we sell or keep?
Replies: 40
Views: 2777

Re: What rate of return do you use when planning for retirem

I use a range of 0 to 4% nominal, in 1 percent increments for each scenario. Now that's really conservative, especially since I hold more than 50% equity allocation with a healthy slug of international in the mix. The lower end growth rates keep it real, in case we have a Japan scenario. The higher ...
by Grt2bOutdoors
Wed Apr 22, 2015 10:20 am
 
Forum: Investing - Theory, News & General
Topic: What rate of return do you use when planning for retirement?
Replies: 58
Views: 4008

Re: Portfolio tune-up before baby arrives

Congrats on your upcoming addition! Bonds held in taxable should be in the Vanguard Intermediate Tax Exempt fund given your tax bracket. It will be taxable on a state level, however the level of diversification avoids placing all of your eggs in one location, California. Generally speaking, an alloc...
by Grt2bOutdoors
Wed Apr 22, 2015 8:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio tune-up before baby arrives
Replies: 5
Views: 430

Re: 26 year old asking advise on the next steps to take

Thanks for the response Duckie . I would sell this, taking taxes into consideration. We do not recommend individual stocks. You could use this money to fund your Roth IRA and to live on while contributing more to your TSP. Max your tax-sheltered accounts before adding a taxable account for retireme...
by Grt2bOutdoors
Wed Apr 22, 2015 8:07 am
 
Forum: Investing - Help with Personal Investments
Topic: 26 year old asking advise on the next steps to take
Replies: 15
Views: 1042

Re: One Spouse Outearning the Other?

We live in an area where there are many SAHM and my working wife who earns less than I) has pressures ranging from, "sad, that you have to work" to "why are you working, hopetogolf makes enough for you to quit." People are unbearable so I can see how these guys may not be strong...
by Grt2bOutdoors
Wed Apr 22, 2015 7:48 am
 
Forum: Personal Finance (Not Investing)
Topic: One Spouse Outearning the Other?
Replies: 64
Views: 5180

Re: How much do you pay in Property Taxes?

In a similar vein, an old friend moved to neighboring New Hampshire and was delighted with no income taxes until she retired, and realized her property taxes didn't care that she had no income. Presented as ironical humor, not a political statement. The on-theme point is that this is a pointless th...
by Grt2bOutdoors
Wed Apr 22, 2015 7:40 am
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: How much do you pay in Property Taxes?

alpenglow wrote:Long Island, NY - 2700sq ft house, 4br/2.5ba, no pool, 1 acre, good schools - Value of home $475k - $13500 in taxes (~2.8% of value)

If I didn't have a stable job with good pay and benefits I'd be long gone.


You and everyone else, brother. BTW, that is low property taxes for 1 acre.
by Grt2bOutdoors
Wed Apr 22, 2015 7:37 am
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: How much do you pay in Property Taxes?

We have a nice home, but it's not a mansion. We pay $38k/year in northern NJ , on a private road so the neighbors have to chip in for paving, sewer is additional. I wish that i could "put" the house to the town at 90% of appraised value when we decide to leave; there oughta be a law. Btw,...
by Grt2bOutdoors
Wed Apr 22, 2015 7:34 am
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: Mortgage Transfer May 1st - Payment??

Your best option is to call your current mortgage servicer and ask. I would not solely rely on our opinions. However, since you're asking, I would call the mortgage servicer. Yes, you are correct, you usually have up until the 15th of the month to make payment before being considered in arrears. I a...
by Grt2bOutdoors
Wed Apr 22, 2015 7:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage Transfer May 1st - Payment??
Replies: 9
Views: 600

Re: Retirees: What is your SWR in retirement?

Is this a question about what people think is a safe withdrawal rate, or is it a question about what some people's withdrawal rate actually is (and they think it is safe or more), or is this a question about how some people can have a different safe withdrawal rate from other people? This last is n...
by Grt2bOutdoors
Tue Apr 21, 2015 8:07 pm
 
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 3914

Re: How much do you pay in Property Taxes?

Denver suburbs 0.65% of what I think the house would easily sell for. Income tax is 4.63% flat tax on federal taxable income with a few adjustments including being able to subtract 100% of gross 529 contributions. I'm not sure what extra goodies people are getting in cities/states with 2%+ property...
by Grt2bOutdoors
Tue Apr 21, 2015 3:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: How much do you pay in Property Taxes?

Close to $14K, home assessed at $430K, market is about $525K. There is seemingly no rhyme or reason with the assessments. Market comps are all over the place. I've been in quite a few of the neighbors homes, a number of them are assessed high and they need significant work to bring them into the &qu...
by Grt2bOutdoors
Tue Apr 21, 2015 3:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: help with parent's porfolio

That's an aggressive portfolio. Your parents are retired, but they should be the one's who set the asset allocation that permits them to sleep at night. I'd be inclined to keep it at a 50/50 mix - there's virtually no yield on the short-end of the bond market. You could do $150K in short-term bond o...
by Grt2bOutdoors
Tue Apr 21, 2015 2:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: help with parent's porfolio
Replies: 7
Views: 551

Re: Two Tiered Annuity: What should we do with it?

Is that rate of return guaranteed in writing? If so, I'd be inclined to leave it be, let it accumulate. At what age are you permitted to either roll it over or withdraw without a penalty? A 1/3rd penalty is much too high to absorb. I believe we could do it now, there are various payout options: lif...
by Grt2bOutdoors
Tue Apr 21, 2015 2:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: Two Tiered Annuity: What should we do with it?
Replies: 11
Views: 586

Re: Expert Tips on Building Wealth for Forty Somethings

What a great compilation of tips! Loved the article. I was surprised by Larry Swedroe's statements about the SWR. I know the debate rages about 4%, but I hadn't realized experts had ratcheted all the way down to 3%. Larry Swedroe said.."That means that what was once considered a safe withdrawa...
by Grt2bOutdoors
Tue Apr 21, 2015 1:54 pm
 
Forum: Investing - Theory, News & General
Topic: Expert Tips on Building Wealth for Forty Somethings
Replies: 9
Views: 2320

Re: Should I buy into my brother's shop?

Would you even consider it if it wasn't your brother? Are you mainly considering this as a way to help your brother out. I am considering this as I believe it may be a good investment. When I invest and purchase 10% of something that has assets of $18,000 I instantly aquire $1,800 of those assets. ...
by Grt2bOutdoors
Tue Apr 21, 2015 1:44 pm
 
Forum: Investing - Theory, News & General
Topic: Should I buy into my brother's shop?
Replies: 22
Views: 2716

Retirees: What is your SWR in retirement?

This informal poll is to see if the suggested rule of 3% annual withdrawal rate in retirement being tossed about is too aggressive. Aggressive defined as postponing current consumption in favor of extending portfolio life in retirement. Assuming one has no pension or employer provided annuity and is...
by Grt2bOutdoors
Tue Apr 21, 2015 1:38 pm
 
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 3914

Re: Two Tiered Annuity: What should we do with it?

Is that rate of return guaranteed in writing? If so, I'd be inclined to leave it be, let it accumulate. At what age are you permitted to either roll it over or withdraw without a penalty? A 1/3rd penalty is much too high to absorb.
by Grt2bOutdoors
Tue Apr 21, 2015 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Two Tiered Annuity: What should we do with it?
Replies: 11
Views: 586

Re: How much do you pay in Property Taxes?

We have a nice home, but it's not a mansion. We pay $38k/year in northern NJ , on a private road so the neighbors have to chip in for paving, sewer is additional. I wish that i could "put" the house to the town at 90% of appraised value when we decide to leave; there oughta be a law. Btw,...
by Grt2bOutdoors
Tue Apr 21, 2015 12:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 173
Views: 7568

Re: Newly Married - Both 28 - NYC residents - How are we doi

OP - you don't need us. Save up your down payment and buy it. You aren't moving out of NY proper, your work is in LI - whether you move to LI or stay in LI West, you will pay one way or another. Taxes aren't cheap in LI, nor are home prices. You know the deal, you don't need us to make your decision...
by Grt2bOutdoors
Mon Apr 20, 2015 7:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newly Married - Both 28 - NYC residents - How are we doing?
Replies: 26
Views: 2569

Re: Single best piece of personal finance advice ever receiv

In high school we were required to take an economics class in 12th grade. Everyone feared it, it was a required class to graduate, everyone said the teacher was one of the meanest in the whole school. Miss one single homework assignment and he would fail you, dooming you to repeat another year or h...
by Grt2bOutdoors
Mon Apr 20, 2015 3:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Single best piece of personal finance advice ever received?
Replies: 90
Views: 6773

Re: Single best piece of personal finance advice ever receiv

The biggest thing I got out of "Your Money or Your Life", which was the first personal finance book I read, is to think about the cost before I spend money on something...is it worth however much time of my life it would take me to earn that amount? Buying that book ^^^ was! I picked it u...
by Grt2bOutdoors
Mon Apr 20, 2015 3:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Single best piece of personal finance advice ever received?
Replies: 90
Views: 6773

Re: Total Cost of Buying a New Home vs 30 or 80-Year Old Hom

I own a 80+ year old home - this is what you should be concerned about; electrical, plumbing, insulation, heating system/air conditioning. If you need to put in a CAC/HVAC system - that will cost, similarly if you need to re-wire or re-plumb the home. Insulation may or may not be that big of a deal...
by Grt2bOutdoors
Mon Apr 20, 2015 3:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Total Cost of Buying a New Home vs 30 or 80-Year Old Homes?
Replies: 16
Views: 1328
Next

Return to advanced search