Search found 12427 matches

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: 30
Views: 2005

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: 3049

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: 3049

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: 6
Views: 708

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: 121
Views: 6383

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: 502

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: 502

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: 1264

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: 1388

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: 3969

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: 1289

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: 1293

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: 11
Views: 748

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: 23
Views: 3980

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: 680

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: 8
Views: 694

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: 1032

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: 1032

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...
by Grt2bOutdoors
Fri Jul 24, 2015 7:46 am
Forum: Investing - Help with Personal Investments
Topic: going to cash
Replies: 33
Views: 4765

Re: going to cash

Just a reality check for my fellow Bogleheads. Yes, the market ''feels'' high. But earnings have been strong. There is a ton of cash sitting on the sidelines just waiting to get in, and almost nothing else to invest in. I talk to a lot of private wealth managers and there's mostly just a sense of f...
by Grt2bOutdoors
Thu Jul 23, 2015 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: going to cash
Replies: 33
Views: 4765

Re: going to cash

fvaldes wrote:I am at 75/25 right now and I am 36.

Perhaps go a bit higher on bonds for the next year? 65/35?


Each year move 1% from equity to bonds until retirement, at retirement you should be about 45/55 or 40/60. Stop trying to time the market, it doesn't work.
by Grt2bOutdoors
Wed Jul 22, 2015 8:10 pm
Forum: Investing - Theory, News & General
Topic: Why I Said "No" to Peer-to-Peer Lending
Replies: 66
Views: 5997

Re: Why I Said "No" to Peer-to-Peer Lending

Lots of people on this thread poo-pooing P2PL. Meanwhile, I keep making 12% a year on it. After 3.5 years, I'm still at 11.97%. "Why not invest in TBM?" Because this pays a lot more. "But it's not as safe!" That's why it pays a lot more. If you want to skip it, that's fine. But ...
by Grt2bOutdoors
Wed Jul 22, 2015 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: I'm a spender?
Replies: 44
Views: 5679

Re: I'm a spender?

I have a diagnosis! - you are suffering from a case of "delayed gratification-iosis". :D You literally were living hand to mouth during your school and resident years, that you now feel compelled to scratch that itch of buying stuff. As Nisprius, one of our many voices of wisdom on this fo...
by Grt2bOutdoors
Wed Jul 22, 2015 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help me beat the mortgage company
Replies: 21
Views: 3784

Re: Help me beat the mortgage company

itstoomuch, what an interesting suggestion! Non diversified, but it does meet the goal. Yes, and if DUK's price declines you will have a ST or LT capital loss - :shock: this is the equivalent of walking across a river using a tightrope when you could walk downstream and take a paved road on a sturd...
by Grt2bOutdoors
Wed Jul 22, 2015 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: What type of Professional do I Need, or do I just need Bogleheads?
Replies: 10
Views: 1289

Re: What type of Professional do I Need, or do I just need Bogleheads?

Have you performed an analysis of your EE and I savings bonds as to what each bond is currently yielding or have reached final maturity? Some of those I bonds could potentially have the infamous 3.6-3.0% fixed rates - I wouldn't be in a hurry to cash those in, some of the EE's could be yielding 4%. ...
by Grt2bOutdoors
Wed Jul 22, 2015 11:36 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 3969

Re: What are your financial goals?

I'm one of those people who over saves and has a hard time spending money. My goal is to have enough money that I don't think twice about health related expenditures (go to doctor whenever I want even though my high deductible plan means I pay out of pocket; buy organic; pay for gym membership). I ...
by Grt2bOutdoors
Wed Jul 22, 2015 11:33 am
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

I am directly replying to this quote. Phones - $140 bill is actually $70. Company pays for it. I need data. True savings potentially $30 a month. Food - any links to these resources? In all reality, I could eat chicken breast from Costco everyday and spend like $100 bucks on chicken and $25 on gree...
by Grt2bOutdoors
Wed Jul 22, 2015 11:22 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 3969

Re: What are your financial goals?

1. Stay married
2. Stay employed
3. Keep my health intact.
4. 33x expenses
5. Fully funded 529 plan for 4 years undergrad
6. Pay off mortgage
7. Take a nice family vacation (eventually......)
8. Leave something for family
9. Have a nice final resting place
by Grt2bOutdoors
Wed Jul 22, 2015 11:12 am
Forum: Investing - Theory, News & General
Topic: Why I Said "No" to Peer-to-Peer Lending
Replies: 66
Views: 5997

Re: Why I Said "No" to Peer-to-Peer Lending

I put $10k into Lending Club 18 months ago - all in $25 loan segments. It didn't take too long to identify loans once you set up parameters. I've been pulling it all out as I get payments. Even though I am still showing a 11%+ return I just don't like how 20 of them have defaulted. My biggest worry...
by Grt2bOutdoors
Wed Jul 22, 2015 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Auto Bucket Portfolio
Replies: 15
Views: 1567

Re: Auto Bucket Portfolio

What you desire is a floor income portfolio to meet necessary expenses, all else can be invested for growth. The floor income portfolio is usually composed of assets like CD's, single premium immediate annuities, bonds, pensions, social security. The growth portfolio could be all equity or a balance...
by Grt2bOutdoors
Wed Jul 22, 2015 9:37 am
Forum: Personal Consumer Issues
Topic: Peak vs. Off Peak Energy Hours (New Jersey)
Replies: 8
Views: 813

Re: Peak vs. Off Peak Energy Hours (New Jersey)

JCP&L's parent company is First Energy out of Akron, Ohio. How about try giving them a call - 800-736-3402, as found on their webpage - www.firstenergycorp.com Good Luck!
by Grt2bOutdoors
Tue Jul 21, 2015 7:50 pm
Forum: Personal Consumer Issues
Topic: Greatest money lesson movie
Replies: 63
Views: 5417

Re: Greatest money lesson movie

^ Especially when he starts going nuts in the mountains.....
by Grt2bOutdoors
Tue Jul 21, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

What quality of care do kids get in a family with ten kids? I'm pretty sure there is no economy of scale on college tuition or medical expenses or food. Let alone attention from adults. From what I can see, the kids are generally happy, wearing clothes, eating well, have toys, etc etc. The older on...
by Grt2bOutdoors
Tue Jul 21, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

I know families with one wage-earner who have 10+ kids. Perhaps there are economies of scale. You decide which is more important - children or stuff. Are you privy to their financial statements? You can theoretically have 100+ kids, but who is going to pay for feeding them, clothing them, etc. - th...
by Grt2bOutdoors
Tue Jul 21, 2015 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: This Is Why You Don't Buy Individual Stock
Replies: 11
Views: 2636

Re: This Is Why You Don't Buy Individual Stock

I like this Analysts at Houston-based energy investment bank Tudor Pickering Holt said suspending the payout was prudent because few investors buy the stock for its low dividend yield of 3.4 percent. which seems a rather strange statement. Folks who are picking up the shares, are in it for the anti...
by Grt2bOutdoors
Tue Jul 21, 2015 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: This Is Why You Don't Buy Individual Stock
Replies: 11
Views: 2636

Re: This Is Why You Don't Buy Individual Stock

This article is one of the many reasons you should not buy individual stock. http://in.reuters.com/article/2015/07/21/chesapeake-enrgy-dividends-idINL3N1013ZC20150721 Omitting the dividend is just the latest nail in the coffin at this particular company. Anyone who follows it or the industry knew t...
by Grt2bOutdoors
Tue Jul 21, 2015 11:32 am
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

I'd like to commend the OP on having 100K in retirement savings at the young age of 26. Better than the vast majority of people at that age. As to who can afford what, it's all about priorities. The OP chose to take out a mortgage that many on here seem to think was ill advised. I concur. I could g...
by Grt2bOutdoors
Tue Jul 21, 2015 11:28 am
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

I don't know why everyone is picking on you for the house. In my view it's a reasonable size relative to your income, particularly given that a) your family income should increase over time given your educations and specialties and the booming job market in your area, and b) the house is providing ...
by Grt2bOutdoors
Tue Jul 21, 2015 11:24 am
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10499

Re: How do people afford children with a SAHS?

I know families with one wage-earner who have 10+ kids. Perhaps there are economies of scale. You decide which is more important - children or stuff. Are you privy to their financial statements? You can theoretically have 100+ kids, but who is going to pay for feeding them, clothing them, etc. - th...
by Grt2bOutdoors
Sat Jul 18, 2015 8:03 pm
Forum: Personal Consumer Issues
Topic: Visiting New York in early November
Replies: 28
Views: 2270

Re: Visiting New York in early November

Forgot to mention , come downtown - make sure you take a picture of you with the big brass bull sitting in the middle of Broadway off the corner of Beaver street. While you are at it, walk a few blocks north to Wall Street, at the foot of Broad St. is the New York Stock Exchange. If you want to take...
by Grt2bOutdoors
Sat Jul 18, 2015 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help me beat the mortgage company
Replies: 21
Views: 3784

Re: Help me beat the mortgage company

Thanks, everyone, for the replies! I'll try to answer all the questions in the order they were received. (Interestingly, no one really liked any of the portfolios I concocted myself) VMVAX: My attempt to move the portfolio away from its huge large cap bias. Midcaps are less risky than small caps, h...
by Grt2bOutdoors
Sat Jul 18, 2015 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: A retiree's personal experience...
Replies: 37
Views: 6529

Re: A retiree's personal experience...

I retired @61 early in 2011 in the midst of the current bull market. DW retired early in 2014. We both have been collecting SS since turning 62 and have been withdrawing 4-5% from our 50/50 AA portfolio since I retired. Our portfolio remains up roughly 10% overall since I retired. I guess history w...
by Grt2bOutdoors
Fri Jul 17, 2015 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help me beat the mortgage company
Replies: 21
Views: 3784

Re: Help me beat the mortgage company

VTSAX - Total Stock Market Admiral - 42% VTIAX - Total International Stock Index Admiral - 18% Intermediate Term Tax Exempt - 30% Limited Term Tax Exempt - 10% This portfolio places 70% of equity exposure domestically, 30% internationally, widely diversified, low cost, offers small and mid cap expos...
by Grt2bOutdoors
Fri Jul 17, 2015 11:59 am
Forum: Personal Consumer Issues
Topic: Baby on the way...yay! Big ticket items, and what do you REALLY need?
Replies: 82
Views: 4468

Re: Baby on the way...yay! Big ticket items, and what do you REALLY need?

Get yourself a disposable Diaper Genie - best invention ever, to keep the smell of poo and pee to near zero. Playtex has a great product there.
by Grt2bOutdoors
Fri Jul 17, 2015 11:56 am
Forum: Personal Finance (Not Investing)
Topic: After the Mortgage is Paid Off
Replies: 17
Views: 1522

Re: After the Mortgage is Paid Off

Buy yourself a nice bottle of Champagne for you and the missus (if any), crack it open, toast to yourselves and drink UP! :beer
That's what I'm going to do when that day arrives. And please, don't share the news with anyone - because the level of envy out there is crazy.
by Grt2bOutdoors
Fri Jul 17, 2015 11:39 am
Forum: Personal Consumer Issues
Topic: Baby on the way...yay! Big ticket items, and what do you REALLY need?
Replies: 82
Views: 4468

Re: Baby on the way...yay! Big ticket items, and what do you REALLY need?

I think diapers set me back about $35 a month, you could buy the store brand ones for a bit cheaper. I wouldn't go with cloth ones, major PIA. Graco pack n play, works fine. We used the Britax for transport, we were happy using it. Changing pad on top of dresser - exactly what we did for first 3 yea...
by Grt2bOutdoors
Fri Jul 17, 2015 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Considering Life Insurance Overfund as Short-Term Investment
Replies: 18
Views: 1427

Re: Suggestion for Short-Term Investments

Great Outdoors, I did not see your post until after posting my larger reply above, and thus did not comment. Would you elaborate as to why the overfunding is a mistake in concrete terms? I do want to understand so I don't wind up making a mistake. Placing the money in an illiquid investment is neve...
by Grt2bOutdoors
Fri Jul 17, 2015 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Considering Life Insurance Overfund as Short-Term Investment
Replies: 18
Views: 1427

Re: Suggestion for Short-Term Investments

You like living on the edge, don't you? You have a wife, kid and a job that may or may not be there in 5 years. Put more money in the bank - FDIC insured savings account - try Discoverbank 0.95% or AllyBank. I won't comment on the current whole life policy, only to say that you carry enough to pay f...
by Grt2bOutdoors
Fri Jul 17, 2015 8:49 am
Forum: Personal Consumer Issues
Topic: 40,000 mile service for a 2009 Honda Fit
Replies: 20
Views: 1387

Re: 40,000 mile service for a 2009 Honda Fit

Follow the manufacturer's guidelines, not the dealers. Change the oil, radiator fluid and transmission fluid. Save yourself $10 and install your own air filter - you can buy one at Autozone or order the OEM part from a place like http://www.hondaautomotiveparts.com/
by Grt2bOutdoors
Thu Jul 16, 2015 3:28 pm
Forum: Personal Consumer Issues
Topic: Getting a new roof on home before home sale. Looking for advice.
Replies: 13
Views: 648

Re: Getting a new roof on home before home sale. Looking for advice.

$8K is a cheap deal. I had mine replaced two years ago, it ran $12K. That included the old Timberline architectural 30 year (GAF changed the terms to "Lifetime Warranty"), now they all say lifetime but the warranty is pro-rated, first 10 years if installed with manufacturer terms is 100% r...

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