Search found 12253 matches

by Grt2bOutdoors
Mon Jun 29, 2015 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Savings plan "pivot"
Replies: 6
Views: 412

Re: Savings plan "pivot"

Your minimum contribution should reflect a mid-teens percentage of your annual income. Hate to bust your bubble, but a minimum of 4.5% :shock: is not going to bring you to the promised land, even at age 65. Try to save a minimum of 12-15%, you can not control market returns, you can control the amou...
by Grt2bOutdoors
Mon Jun 29, 2015 3:53 pm
Forum: Personal Consumer Issues
Topic: Propane Oven Makes Me Sick
Replies: 17
Views: 800

Re: Propane Oven Makes Me Sick

My oven is natural gas but doesn't fully combust so I get the same issue. In my case the range hood takes care of most of the problem when the oven is on, but I keep a CO detector in the kitchen (and another in the hallway near the gas water heater and gas furnace). I've been told that it may be an...
by Grt2bOutdoors
Mon Jun 29, 2015 1:38 pm
Forum: Personal Consumer Issues
Topic: Propane Oven Makes Me Sick
Replies: 17
Views: 800

Re: Propane Oven Makes Me Sick

> Do you have a CO detector? +1E12 Either this is imaginary or you have incomplete combustion. A CO detector will settle it. Don't run the oven without a CO detector until you verify it is safe. ^^^ Our posts crossed paths, but ding-ding, we have a winner with the "poor combustion" theory.
by Grt2bOutdoors
Mon Jun 29, 2015 1:38 pm
Forum: Personal Consumer Issues
Topic: Propane Oven Makes Me Sick
Replies: 17
Views: 800

Re: Propane Oven Makes Me Sick

Poor combustion (as in it's not burning completely) - if you've ever used a propane gas grill, propane gives off an odor not as strong as natural gas that has an odorant additive to it, but enough to make one dizzy if you smell it enough. I would seriously have someone inspect that stove before you ...
by Grt2bOutdoors
Mon Jun 29, 2015 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio suggestion for toddler
Replies: 45
Views: 4066

Re: Portfolio suggestion for toddler

^^^ Are you planning on using all of those ETF's? That seems to be overcomplicating it. You could use a 3 fund portfolio and call it a day or perhaps insert a slice of VBR in it and call it a four funder. To use 12 ETF's would be overkill to say the least. Try this: VTI - 37% VXUS - 23% VBR - 15% In...
by Grt2bOutdoors
Mon Jun 29, 2015 1:19 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 221
Views: 13338

Re: What ratio are you stocks/bonds and how old are you?

Early 40's (give or take a few years :wink: ) 65/35. For those who worry that a 60/40 allocation will not be sufficient, remember there are three things you control: 1) keep expenses low, 2) your savings rate and 3) asset allocation. Any one of the three levers or a combination of that can put the o...
by Grt2bOutdoors
Mon Jun 29, 2015 8:20 am
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 142
Views: 18477

Re: When saving money becomes an irrational obsession

I keep more than the recommended 6-12 months of reserves in cash. Is that irrational? To some, perhaps, but over the last 10 years (this is not recency bias) I've seen plenty of talented qualified colleagues get the axe while upper management rewards themselves with higher compensation for all of th...
by Grt2bOutdoors
Mon Jun 29, 2015 8:07 am
Forum: Investing - Theory, News & General
Topic: Puerto Rico Governor Says Island’s Debts Are ‘Not Payable’
Replies: 37
Views: 2872

Re: Puerto Rico Governor Says Island’s Debts Are ‘Not Payable’

Much of the Puerto Rico debt is insured, so if Puerto Rico misses or decreases payments on those bonds, the insurers will step in and make the payments. These same insurers have been engaged in significant negotiations with various Puerto Rico entities for about a year. Puerto Rico can't declare ba...
by Grt2bOutdoors
Mon Jun 29, 2015 8:04 am
Forum: Investing - Theory, News & General
Topic: Puerto Rico Governor Says Island’s Debts Are ‘Not Payable’
Replies: 37
Views: 2872

Re: Puerto Rico Governor Says Island’s Debts Are ‘Not Payable’

Puerto Rico events have long been discounted by the market-- it was rated junk. Hence the zero holdings by most VG funds, which only hold investment grade. I suspect most of the bonds will be held by vulture funds, who will be looking to use legal action to improve the terms of the debt writeoff. W...
by Grt2bOutdoors
Mon Jun 29, 2015 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Housing Market in Southern California
Replies: 21
Views: 1668

Re: Housing Market in Southern California

Even though the economy is supposedly doing better than a year ago, today I saw 2 homeless families outside a market looking for food/money. celia There is the fantasy economy and then there is reality. A friend of mine would say "it's a recession if you're working, it's a depression if you ar...
by Grt2bOutdoors
Mon Jun 29, 2015 7:49 am
Forum: Investing - Help with Personal Investments
Topic: AA for 529s that will be used for college and grad school
Replies: 10
Views: 803

Re: AA for 529s that will be used for college and grad school

1. Over rolling, five year historical periods, stocks have lost money in 14% of the periods. 2. Over rolling, 20 year historical periods, there has never been a period with a loss, although the worst gain was a real 19%. Nearly all of your college expenditures occur within the next five years. How ...
by Grt2bOutdoors
Mon Jun 29, 2015 7:30 am
Forum: Investing - Theory, News & General
Topic: dow futures down 200+ points
Replies: 84
Views: 8597

Re: dow futures down 200+ points

Okay, I give up, what is RBD? RBD is a "really bad day" in the stock market - a good buying opportunity for people who watch and are poised to buy. It's a livesoft invention. Not sure how much of a drop is required, but I think it is significantly more than 1 or 2%. 5% is the number for a...
by Grt2bOutdoors
Sun Jun 28, 2015 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 30
Views: 4504

Re: What's your net worth break down? What's ideal?

Ideal - 1/3 in land/home, 1/3 in business and keep 1/3 in reserve (or something like that from the Talmud). In other words, don't place all of your eggs in one category. I would not count stock options unless you are clearly in the money and you are vested, otherwise you are assigning value to somet...
by Grt2bOutdoors
Sun Jun 28, 2015 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Employer contribution in P&L statement?
Replies: 3
Views: 365

Re: Employer contribution in P&L statement?

Hi all, First full year as a self employed and loving it. Set up a simple P&L spreadsheet which is working find on excel. Don't know how to document the employer contribution of solo 401k. Looking for some help. Do I put it under the expense section so it is included in the calculation of net i...
by Grt2bOutdoors
Sun Jun 28, 2015 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

While it has not happened on the State level, it is my understanding that if the pension fund was to dry up, the monies to pay for pensions would have to come out of the general fund. For the record: I have worked the State of NJ with almost 25 years. The same general fund for which funding the sta...
by Grt2bOutdoors
Sun Jun 28, 2015 1:54 am
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

^^^ What does your research indicate? Nedsaid is offering up some quite valuable information, and yet you seem a bit upset that his response didn't meet your needs. What does your state which you don't disclose have to say about this issue? We'd be interested in hearing about it. I'm merely observi...
by Grt2bOutdoors
Sun Jun 28, 2015 1:44 am
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

If this pension cannot met its obligations and the taxpayers are unwilling to pony up then the benefits will be cut. The Original Poster's in-laws should plan on the possibility of their payments being cut in half. Because it is a government pension and there are politics involved, my suspicion is ...
by Grt2bOutdoors
Sun Jun 28, 2015 1:36 am
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

Governments have tried to cut pension benefits and were prevented from doing that by the courts in some cases. "In some cases?" Have there been any cases in the US in which a state has successfully cut state pension payments (not COLAs) to current retirees? This is in question right now w...
by Grt2bOutdoors
Sun Jun 28, 2015 1:33 am
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

If this pension cannot met its obligations and the taxpayers are unwilling to pony up then the benefits will be cut. The Original Poster's in-laws should plan on the possibility of their payments being cut in half. Because it is a government pension and there are politics involved, my suspicion is ...
by Grt2bOutdoors
Sat Jun 27, 2015 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

As others have noted, the most likely to suffer from this situation are those not yet retired. There's no way politicians are going to yank pension benefits from tens of thousands of elderly voters. This implies the risk of pension defaults by state governments is politically constrained. However, ...
by Grt2bOutdoors
Sat Jun 27, 2015 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2400

Re: NJ state pension

"I could assume that they'll get it for at least the next 6 years, taking my MIL to maximum SS benefits, and then assume $0. That seems too safe though? I wonder what the worst outcome for any state pension has been to date." It hasn't been zero. Even if a plan is underfunded, it still ca...
by Grt2bOutdoors
Sat Jun 27, 2015 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4220

Re: are these legit Vanguard reviews?

I find some of those "reviews" amusing, especially the fellow "Bruce" who asked what amount he would receive as a result of selling shares in a mutual fund. Well, anyone who knows anything about buying/selling a mutual fund would know that you get the end of day price, so if you...
by Grt2bOutdoors
Sat Jun 27, 2015 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: 529 & gift tax exclusion; inheritance from parents not in US
Replies: 3
Views: 526

Re: 529 & gift tax exclusion; inheritance from parents not in US

I am looking at opening a 529 for my kid who has 14 years prior to starting college. 1. I chose to go with UTAH and I am in AZ: This is ok, right? Any better plans I need to be aware of? It's fine, what better plans are out there? There are plans with slightly lower expenses but they lack some feat...
by Grt2bOutdoors
Sat Jun 27, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: No gain in 9 months of investment
Replies: 23
Views: 4034

Re: No gain in 9 months of investment

No gains in 9 months? :oops: There must be something wrong? right?, well no not really. Your post didn't provide enough details, so let me ask some questions. Is a 50/50 asset allocation suitable for one who expects to see gains in 9 months based on your need, ability and willingness to accept risk?...
by Grt2bOutdoors
Sat Jun 27, 2015 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4220

Re: are these legit Vanguard reviews?

I find some of those "reviews" amusing, especially the fellow "Bruce" who asked what amount he would receive as a result of selling shares in a mutual fund. Well, anyone who knows anything about buying/selling a mutual fund would know that you get the end of day price, so if you ...
by Grt2bOutdoors
Sat Jun 27, 2015 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Big Shift in AA, close to retirement??
Replies: 15
Views: 1353

Re: Big Shift in AA, close to retirement??

You are correct, the proposed AA is very conservative. The anticipated % withdrawal to cover our retirement expenses is about 2% (which as you note is below the withdrawal for long term survival)...that was why I set the equities even lower than the more typical 30%. Some would say, once you have r...
by Grt2bOutdoors
Sat Jun 27, 2015 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: As a couple in late 30s, how bad are we doing?
Replies: 36
Views: 5520

Re: As a couple in late 30s, how bad are we doing?

My Californian friends tell me that their homes are their 401(k)s because housing where they live is so expensive all their money goes to pay their mortgages. So they do not have much in their 401(k) and other retirement plans. It seems like you are about average in that regard. If you want to be a...
by Grt2bOutdoors
Sat Jun 27, 2015 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do you think this is a smart budget ?
Replies: 17
Views: 2443

Re: Do you think this is a smart budget ?

Thank you everyone for the input and taking the time to comment. I am seeing that most people suggest not to have a miscellaneous budget so I am going to try to see if I can work that out. I kept this in my budget as one of the "things that come up" category. Basically stuff that I dont k...
by Grt2bOutdoors
Fri Jun 26, 2015 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Do you think this is a smart budget ?
Replies: 17
Views: 2443

Re: Do you think this is a smart budget ?

Where is the line item for saving and investing?
by Grt2bOutdoors
Fri Jun 26, 2015 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Home renovation funding
Replies: 36
Views: 2722

Re: Home renovation funding

Costs in various areas also vary because of permitting requirements in different municipalities. Just amazing how this can impact total cost and add delays. I am sure that SF has a lot of hoops. Also, I cannot stress the importance of getting multiple quotes. For our redo of two bathrooms, the quot...
by Grt2bOutdoors
Fri Jun 26, 2015 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Home renovation funding
Replies: 36
Views: 2722

Re: Home renovation funding

Costs in various areas also vary because of permitting requirements in different municipalities. Just amazing how this can impact total cost and add delays. I am sure that SF has a lot of hoops. Also, I cannot stress the importance of getting multiple quotes. For our redo of two bathrooms, the quot...
by Grt2bOutdoors
Fri Jun 26, 2015 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Home renovation funding
Replies: 36
Views: 2722

Re: Home renovation funding

It is a really significant renovation to our single family home (about 2300 square feet) in the city of San Francisco, which explains the cost. The post-renovation value can support it, if current values stick. We don't have renovation experience, but who doesn't enjoy surprises? As someone who wen...
by Grt2bOutdoors
Fri Jun 26, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Couples and money and compatibility
Replies: 38
Views: 3908

Re: Couples and money and compatibility

Category 1. Bargain shopping is like sport for my wife. She is better at it than I. She has less of an interest in investing than me. All she wants to know is that we are saving/investing enough to meet future needs. Oh! She does say to me not to lose her money! :D
by Grt2bOutdoors
Thu Jun 25, 2015 8:27 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 217
Views: 18802

Re: What was the 2008 crash like in real time?

But it was awful, and I don't really remember anyone saying that they were fine with being all in equities. I think Adrian Nenu was. In fact, I think he increased his equity to 100% starting in late 2008 until 2010 or 2011 or so. Yup. I remember he went to all equities and took some razzing on this...
by Grt2bOutdoors
Sat Jun 20, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 4030

Re: Is Private Banking ever useful for simple Bogleheads

DonCamillo wrote:If you shake hands with a private banker, make certain to count your fingers afterwards.


LOL! +1
by Grt2bOutdoors
Sat Jun 20, 2015 8:27 pm
Forum: Personal Consumer Issues
Topic: At what point do bogleheads look at bogleheads.org?
Replies: 15
Views: 2948

Re: At what point do bogleheads look at bogleheads.org?

I look often, I respond when someone is in need of assistance. The forum has 4-5 sections, not all of them revolve around investing. Let me give you an example, if I wish to learn about $5,000 watches, I search for the Petrocelli thread on watches, interested in finding out what kind of car you shou...
by Grt2bOutdoors
Sat Jun 20, 2015 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio suggestion for toddler
Replies: 45
Views: 4066

Re: Portfolio suggestion for toddler

someone recommended STAR fund - why don't you recommend it? Why did they recommend the STAR fund? Did they explain? I guess you don't want to share your thoughts. Thanks for your response. I recommended STAR as a low entrance fee fund that his diversified across sectors, you could use the Target Re...
by Grt2bOutdoors
Sat Jun 20, 2015 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 4030

Re: Is Private Banking ever useful for simple Bogleheads

If you like debt, real Private Banks offer extremely low rates. They will do interest only mortgage loans with a relatively small spread over LIBOR. They will also offer portfolio based loans that are well below broker's call and not subject to Regulation T, as they don't characterize them as margi...
by Grt2bOutdoors
Sat Jun 20, 2015 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 4030

Re: Is Private Banking ever useful for simple Bogleheads

will34, I loved your description - that's pretty much what I imagine. It's the same allure as "exclusive" credit cards with very high annual fees. I keep getting popups for "invitations" to Chase Private Client. One time, I clicked through. I couldn't really tell what the benefi...
by Grt2bOutdoors
Sat Jun 20, 2015 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with the fear: "Will we be eating cat food?"
Replies: 90
Views: 13659

Re: Will we be eating cat food?

People are making too much of the title - it was meant to be humorous, not taken literally. To be absolutely precise, I think most people think of eating cat food as synonym for the other question, "Will I outlive my money?" With all the very, very strange events we have all seen in the f...
by Grt2bOutdoors
Fri Jun 19, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Saving vs Spending in Retirement ~
Replies: 30
Views: 4680

Re: Saving vs Spending in Retirement ~

I imagine most bogleheads are savers vs spenders. I think it's a good problem to have. You can always figure out ways to spend money but not always figure out ways to make more of it. One thing I don't agree with is the public perception that parents need to pay for kids' college and/or pass on $$$...
by Grt2bOutdoors
Fri Jun 19, 2015 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Financial and worldly advice to college kids
Replies: 27
Views: 3069

Re: Financial and worldly advice to college kids

One more idea - don't sacrifice your values. If something doesn't feel right do not continue down the path, you'll regret it for the rest of your life.
by Grt2bOutdoors
Fri Jun 19, 2015 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio suggestion for toddler
Replies: 45
Views: 4066

Re: Portfolio suggestion for toddler

Start with Star fund until you get to $3k minimum investment - then use Vanguard Total Stock Market Index.
by Grt2bOutdoors
Fri Jun 19, 2015 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help With Portfolio Review - Please Provide Feedback
Replies: 5
Views: 1122

Re: DINK - Portfolio Review Help

The good news is there is no expense ratio when holding individual stock and Disney is trading at a all-time high. Now for the bad news, by holding individual stock you expose yourself to undiversified risk- that is, should something specific to Disney happen you could experience a sudden and perhap...
by Grt2bOutdoors
Fri Jun 19, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: 15% of income to invest question
Replies: 25
Views: 2800

Re: 15% of income to invest question

I do not include the company match when calculating MY savings rate. This is for 2 reasons: 1) company matches are subject to change - a number of companies either cut back in touch times OR tie match to company profitability. Do you want to monkey around with what you put in if the company changes...
by Grt2bOutdoors
Fri Jun 19, 2015 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Financial and worldly advice to college kids
Replies: 27
Views: 3069

Re: Financial and worldly advice to college kids

Pay yourself first!
Better to earn interest than to pay it.
Spend less than you make. Save the difference.
Here's a $10, go buy yourself a sub sandwich and a beer. :beer
by Grt2bOutdoors
Fri Jun 19, 2015 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Investing 11 Million Dollar Gift
Replies: 80
Views: 11833

Re: Investing 11 Million Dollar Gift

Since no one has brought up the obvious, I will: Keep Your Mouth Shut! - don't tell anyone about this sudden windfall, not even your best friend. Loose lips will bring out these "old and new friends you've never heard of or seen before, your phone will ring off the hook, you will have more new ...
by Grt2bOutdoors
Fri Jun 19, 2015 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16347

Re: Is it worth aspiring to get more?

Many if not most people on this forum (and I don't just mean the millionaires) could work part time or quit entirely and live more comfortably than most other Americans indefinitely. The vast majority of us already have enough to live more comfortably than 99% of people on the planet if we never wo...
by Grt2bOutdoors
Fri Jun 19, 2015 9:10 am
Forum: Personal Consumer Issues
Topic: Should I open up floor of very old home to search for old coins?
Replies: 35
Views: 4976

Re: Should I open up floor of very old home to search for old coins?

I must say, the idea of finding Blackbeard's buried treasure is intriguing! :moneybag :moneybag My statistical models however indicate you have a 99.9994% chance (like an Ivory bar) of finding dust instead of gold doubloons, silver trinkets or even a few coppers. :) Years, and years ago, while livin...

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