Search found 12848 matches

by Grt2bOutdoors
Fri Sep 04, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Officer vs. Financial Advisor
Replies: 19
Views: 1218

Re: Loan Officer vs. Financial Advisor

First, welcome to the forum! Let's analyze the pro's and con's of each: Edward Jones first - Pro's: you will be an entrepreneur, you will work for yourself (you are the boss), "you eat what you kill" or most of it anyway. You will "always be closing" unless you want to intentiona...
by Grt2bOutdoors
Fri Sep 04, 2015 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Friends/Family that don't invest!
Replies: 106
Views: 13349

Re: Friends/Family that don't invest!

A week ago I was chatting with a co-worker and discussing our fund options. He pulled up his paycheck and said "Hey thats weird, I don't have any deductions/contributions for my 403b." I just said "oh.. well, I mean, you're still pretty young..." (He's older than me) I think may...
by Grt2bOutdoors
Fri Sep 04, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: How to deal with making contribution during market turbulence?
Replies: 22
Views: 878

Re: How to deal with making contribution during market turbulence?

I am a newish investor, started using index funds and taking charge of my future about two years ago. Thanks to books and this forum, I developed an IPS and save diligently. After recent market volatility, I did not expect that I would be bothered. It has not been bothered me in the past, but at so...
by Grt2bOutdoors
Fri Sep 04, 2015 11:39 am
Forum: Personal Consumer Issues
Topic: Gift for Good Samaritan
Replies: 10
Views: 1031

Re: Gift for Good Samaritan

Gift card to Amazon.com - let her choose what she wants.
by Grt2bOutdoors
Fri Sep 04, 2015 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard fund to save for a vehicle?
Replies: 7
Views: 536

Re: Vanguard fund to save for a vehicle?

Monies needed in 5 years or less, belong in an FDIC insured high yield savings account. I know you didn't want to hear it, but the alternatives you list come with significant risk over a 5 year time period, unless of course you are comfortable watching your specific account for car funding lose 20% ...
by Grt2bOutdoors
Fri Sep 04, 2015 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Unsure what to do with windfall
Replies: 1
Views: 327

Re: Unsure what to do with windfall

First, sorry for your loss. Please view the wiki for the topic of "windfalls". Your best option is to do nothing as far as investing the monies until you've read the topics of Asset Allocation and Investment Policy Statement including various examples provided. The taxable funds could be l...
by Grt2bOutdoors
Fri Sep 04, 2015 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Investing for a Child
Replies: 3
Views: 298

Re: Investing for a Child

It sounds fine to me, especially from a logistical standpoint. I'm usually a proponent of a UTMA account, but we're talking about dripping the funds from time to time and unfortunately Vanguards minimum entry point is $1K. The dividends/interest on let's say $1K is about 2% or $20. I don't think tha...
by Grt2bOutdoors
Fri Sep 04, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Fed Rate Hike Question
Replies: 13
Views: 1093

Re: Fed Rate Hike Question

If the Fed were to raise the fed funds rate by 0.25%, what would be the estimated effect to the price of a short term bond fund such as VG Admiral ST Treasuries and would the full adjustment happen immediately? You can check history. Is there is any historical precedent where rates were increased a...
by Grt2bOutdoors
Fri Sep 04, 2015 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Am I woefully underfunded to retire and should I sell my rentals?
Replies: 28
Views: 2439

Re: Am I woefully underfunded to retire and should I sell my rentals?

Good rentals provide consistent cash flow. If they are generating reasonable income, what would be the motivation for selling them? The goal is unclear. Also, the balance (presumably the balance on the mortgage) combined with the rent is not enough information to evaluate the property with respect ...
by Grt2bOutdoors
Fri Sep 04, 2015 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 46
Views: 6469

Re: Made outsize returns in a short period of time: what am I doing wrong?

Just to let you know, I lost almost all of my gains as of late, and I am going to do the smart thing and do anti-martingale strategy; i.e, play conservatively instead of trying to make the money back. What happened was that I made my money position trading, i.e, my trades were for 6 months and 2 mo...
by Grt2bOutdoors
Fri Sep 04, 2015 8:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2009
Views: 385020

Re: U.S. stocks in freefall

Browser wrote:Dip Buyer Alert! 200 250 :oops: point drop in the DOW ahead today!


Happy Labor day to you too! :)
by Grt2bOutdoors
Fri Sep 04, 2015 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Friends/Family that don't invest!
Replies: 106
Views: 13349

Re: Friends/Family that don't invest!

Well, these past three days were an incredible test of the “mind your business and hold your tongue” school of dealing with financially-irresponsible relatives. I had my cousin, her husband, and their fourteen year old son in town for a visit. To keep in mind as you read this (if you care to read t...
by Grt2bOutdoors
Fri Sep 04, 2015 8:23 am
Forum: Investing - Theory, News & General
Topic: Beware of the Death Cross
Replies: 10
Views: 1726

Re: Beware of the Death Cross

Great post, Larry. I was wondering when you'd get around to writing about the "imminent doom awaiting equity investors". :)
by Grt2bOutdoors
Thu Sep 03, 2015 11:33 am
Forum: Investing - Theory, News & General
Topic: Bill Gross: cash is your best investment right now
Replies: 54
Views: 6272

Re: Bill Gross: cash/ST bonds are your best investment right now

Just what the heck do you think he said? Not "cash", but this: Cash or better yet “near cash” such as 1-2 year corporate bonds are my best idea of appropriate risks/reward investments. Aw heck, so it's a subtle point, but I simply agreed that the subject heading could easily (and therefor...
by Grt2bOutdoors
Thu Sep 03, 2015 11:29 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 1717

Re: A good problem to have

Money is fungible, taxable monies could be used to pay for college if necessary.
Hold a 3 fund portfolio in taxable; equity (dom./Int.)and fixed income.
by Grt2bOutdoors
Thu Sep 03, 2015 11:25 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 1717

Re: A good problem to have

Not sure if your 529 plans are overfunded or not - depends on what 4 year state flagship costs in CO. That said, agree with others, I vote to beef up your taxable account, holding low-mid duration fixed income and reinvest the dividends. Can never have enough in accessible funds.
by Grt2bOutdoors
Thu Sep 03, 2015 9:57 am
Forum: Investing - Theory, News & General
Topic: "Fair value" estimate for S & P 500: 9-1-15
Replies: 22
Views: 1898

Re: "Fair value" estimate for S & P 500: 9-1-15

The Shiller P/E is not so difficult to understand. It is based on the concept that stock prices mean revert, and that's exactly what happened at the '09 market low. And the market mean-reverted a lot closer to Shiller's long term mean of 16, than other means that have been rationalized by its detra...
by Grt2bOutdoors
Thu Sep 03, 2015 9:54 am
Forum: Investing - Theory, News & General
Topic: Bill Gross: cash is your best investment right now
Replies: 54
Views: 6272

Re: Bill Gross: cash is your best investment right now

The title of the thread should be changed, that's not what Gross said. Further, he did make the caveat that even if holding 1-2 year short duration fixed income today is the better move, it will still likely not meet your future expenses given the poor returns it does offer. Sounds pretty logical to...
by Grt2bOutdoors
Thu Sep 03, 2015 8:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2009
Views: 385020

Re: U.S. stocks in freefall

Thanks ThebigC I keep looking at Centerpoint CNP, GE and like you XOM just for giggles. Yeah no problem, I like CNP, XOM is really a great buy right now, and GE is sort of like intel for me. Will it achive it's pre 2008 levels? That would be something, but if it can't then it's a solid dividend pla...
by Grt2bOutdoors
Thu Sep 03, 2015 8:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2009
Views: 385020

Re: U.S. stocks in freefall

Mr. Bogle said he never saw such wild speculation in his 60 years in the business. Remember IBM's "Watson"? He has been reprogrammed to read twitter for investor comments to guess what they will do with their money. He then buys and sells it to them in a nano second. The best thing is own...
by Grt2bOutdoors
Thu Sep 03, 2015 8:53 am
Forum: Investing - Theory, News & General
Topic: "Fair value" estimate for S & P 500: 9-1-15
Replies: 22
Views: 1898

Re: "Fair value" estimate for S & P 500: 9-1-15

While all this talk about "fair value" and "overpriced" and "bear/bull market's" are interesting, the bottom line is for most folks who are forced to invest in the securities markets (equity/fixed income) to be able to have a "retirement", all of this talk is ...
by Grt2bOutdoors
Wed Sep 02, 2015 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: About to close on a home we have overbid on - have cold feet
Replies: 71
Views: 8385

Re: About to close on a home we have overbid on - have cold feet

The other issue with high-voltage power lines is that they can be noisy, especially in humid conditions. I once looked at a property that had quite a few trees which obstructed a clear few of the sky and I couldn't understand what the ungodly buzzing/humming was--that made my decision to move on al...
by Grt2bOutdoors
Tue Sep 01, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: About to close on a home we have overbid on - have cold feet
Replies: 71
Views: 8385

Re: About to close on a home we have overbid on - have cold feet

and never ever, ever, make an offer with zero contingencies - EVER!!! That is like handing some stranger the keys to your fortune - for free!!! :shock: :oops: Looking at it from the seller's perspective - we recently received multiple all-cash zero contingency offers for our property in the Bay Are...
by Grt2bOutdoors
Tue Sep 01, 2015 10:02 am
Forum: Personal Consumer Issues
Topic: So-called charity won't delete my name
Replies: 28
Views: 2136

Re: So-called charity won't delete my name

I made the mistake of giving to the Alzheimer's Foundation - it's a legit charity, the contribution was made as a memorial to someone who had been afflicted with the disease. Anyway, they sold my name and address to other charities, now I've been bombarded with requests for money.....it's gotten kin...
by Grt2bOutdoors
Tue Sep 01, 2015 9:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2009
Views: 385020

Re: U.S. stocks in freefall

rixer wrote:Of course. I just made a sizable purchase yesterday.. :oops:


Join the crowd, I think the market is selling off to take the money of those who get paid 2x a month - in it goes, out it goes into their pockets. Let's see how it plays out on the 16th of the month. :twisted:
by Grt2bOutdoors
Tue Sep 01, 2015 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Blue collar worker and millionaire dream
Replies: 32
Views: 4428

Re: Blue collar worker and millionaire dream

YES you can. We were one income family on salary of $27000.00 per year in 1985. As others have said save as much as you can. Spend smart. Use compounding to your benefit. Use TAX Sheltered accounts as much as you can. 30 years later thanks to all stock market bubbles and busts yes in 2 comma club w...
by Grt2bOutdoors
Tue Sep 01, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: About to close on a home we have overbid on - have cold feet
Replies: 71
Views: 8385

Re: About to close on a home we have overbid on - have cold feet

This is why "bubbles" are dangerous, you don't realize you are in one until you've been swept away by the euphoria, by then it is much too late to get out of it. The use of an attorney in reading contracts would be useful before you make the offer, and never ever, ever, make an offer with ...
by Grt2bOutdoors
Tue Sep 01, 2015 8:10 am
Forum: Investing - Help with Personal Investments
Topic: 6-8 year College Time Horizon - Inheritance
Replies: 9
Views: 697

Re: 6-8 year College Time Horizon - Inheritance

Given the short time until college begins, no more than 20-30% equity, the remainder in a ladder of CD's, with the first expiring in year 1, year 2, year 3, year 4 or held in CD that you annually renew until such time that funds are needed. Now is not the time to be rolling the dice in the stock ma...
by Grt2bOutdoors
Tue Sep 01, 2015 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Blue collar worker and millionaire dream
Replies: 32
Views: 4428

Re: Blue collar worker and millionaire dream

Our house payment is 2k a month piti with 7 years left on the loan. We are spending another 2k on food and other stuff. We are saving 3.5k a month. We moved 200k to Vanguard not long ago. We have another 100k with our current employers. We hope to retire at 60. Just keep doing what you are doing, w...
by Grt2bOutdoors
Mon Aug 31, 2015 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: 6-8 year College Time Horizon - Inheritance
Replies: 9
Views: 697

Re: 6-8 year College Time Horizon - Inheritance

Why not pay down the mortgage? Its a guaranteed savings and you could take it back out in the future as a heloc if needed That technique blew up in people's faces during 2008-2009 when bank's either outright closed the HELOC's or cut the value of the lines. Remember, lending is at the bank's discre...
by Grt2bOutdoors
Mon Aug 31, 2015 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Have inherited portfolio and starting new job...advice on 401K's and profit sharing plans?
Replies: 4
Views: 395

Re: Have inherited portfolio and starting new job...advice on 401K's and profit sharing plans?

Keep your mouth shut - windfalls are not easy to obtain and seeing as this is through an inheritance, sorry for your loss. That said, the fewer people you tell the better it will be for you, as nothing attracts flies faster than news of "new found money". Stay away from financial advisers ...
by Grt2bOutdoors
Mon Aug 31, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety after investing inheritance
Replies: 12
Views: 938

Re: Anxiety after investing inheritance

Define "quality" stocks. What is blue today, could very well be deep in the red tomorrow. How much time did you, are you, will you spend in the future watching over these quality stocks? My point is, if you aren't comfortable with what the market has done over the past 3 weeks, you are go...
by Grt2bOutdoors
Mon Aug 31, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Blue collar worker and millionaire dream
Replies: 32
Views: 4428

Re: Blue collar worker and millionaire dream

Thanks for encouragement. We are frugal but we bought too much house. We love the house and will stay here at least 20 more years. We moved our money to Vanguard 500 Index Fund Admiral Shares (VFIAX) last year. We hope to retire at 60. Read The Millionaire Next Door. "Frugal but bought too muc...
by Grt2bOutdoors
Mon Aug 31, 2015 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety after investing inheritance
Replies: 12
Views: 938

Re: Anxiety after investing inheritance

Define "quality" stocks. What is blue today, could very well be deep in the red tomorrow. How much time did you, are you, will you spend in the future watching over these quality stocks? My point is, if you aren't comfortable with what the market has done over the past 3 weeks, you are goi...
by Grt2bOutdoors
Mon Aug 31, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: 6-8 year College Time Horizon - Inheritance
Replies: 9
Views: 697

Re: 6-8 year College Time Horizon - Inheritance

Given the short time until college begins, no more than 20-30% equity, the remainder in a ladder of CD's, with the first expiring in year 1, year 2, year 3, year 4 or held in CD that you annually renew until such time that funds are needed. Now is not the time to be rolling the dice in the stock mar...
by Grt2bOutdoors
Mon Aug 31, 2015 11:37 am
Forum: Investing - Theory, News & General
Topic: "Buy" a Funded 529 Account from a Relative?
Replies: 21
Views: 1382

Re: "Buy" a Funded 529 Account from a Relative?

Rupert wrote:This smells like conspiracy to commit tax fraud to me.


Of course it is, that is exactly what this is, and perhaps it is time to lock this thread up for good.
by Grt2bOutdoors
Mon Aug 31, 2015 11:35 am
Forum: Investing - Theory, News & General
Topic: "Buy" a Funded 529 Account from a Relative?
Replies: 21
Views: 1382

Re: "Buy" a Funded 529 Account from a Relative?

Remind your Uncle that only the earnings is subject to taxes and penalties. Often, it is not as bad as people thought. There will also be a claw-back of state tax credits / deductions for the contributions. The state of NJ does not offer tax-paying residents a deduction, nor a tax credit on their p...
by Grt2bOutdoors
Mon Aug 31, 2015 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Pepsi 401K Questions
Replies: 11
Views: 575

Re: Pepsi 401K Questions

You already posted this exact question once earlier today, why are you posting it again?
by Grt2bOutdoors
Mon Aug 31, 2015 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Pepsi 401K Questions
Replies: 11
Views: 575

Re: Pepsi 401K Questions

Have you tried Blackrock.com? Usually the asset manager's website offers a trove of information.
by Grt2bOutdoors
Sun Aug 30, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: I need a classic men's black dress belt
Replies: 45
Views: 4170

Re: I need a classic men's black dress belt

reisner wrote:Brooks Brothers, like Abercrombie and Fitch, ain't what it used to be.


Agree, it's no longer bespoke, they've seriously downgraded the quality of their goods and tailoring.
by Grt2bOutdoors
Sun Aug 30, 2015 10:53 am
Forum: Personal Consumer Issues
Topic: I need a classic men's black dress belt
Replies: 45
Views: 4170

Re: I need a classic men's black dress belt

I have two older Coach belts (black, brown) that will last forever. I am not fond of Coach's current (and overpriced) offerings. Look at Trafalgar http://www.trafalgarstore.com for classic dress belts that are less expensive (and more classic) than Coach, higher quality (and more classic, but also ...
by Grt2bOutdoors
Sun Aug 30, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Trying to prevent lifestyle creep
Replies: 28
Views: 3689

Re: Trying to prevent lifestyle creep

Don't buy a home when your wife says "think of the possibilities" Possibilities is another key word for "spend alot of money" to upgrade your life. :oops: Along with that, the local taxing authorities....just grin and grin and grin all the way to the bank. :moneybag Don't move in...
by Grt2bOutdoors
Sun Aug 30, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Trying to prevent lifestyle creep
Replies: 28
Views: 3689

Re: Trying to prevent lifestyle creep

Don't buy a home when your wife says "think of the possibilities" Possibilities is another key word for "spend alot of money" to upgrade your life. :oops: Along with that, the local taxing authorities....just grin and grin and grin all the way to the bank. :moneybag Don't move in...
by Grt2bOutdoors
Sun Aug 30, 2015 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Help in investing for inexperienced person
Replies: 8
Views: 486

Re: Help in investment for a beginner

Seeing that you are employed in an academic environment you should be in agreement with this saying "it's never too late to learn". I recommend you review the wiki searching for Investment Policy Statement and Asset Allocation. There are several examples of other forum poster's IPS so you ...
by Grt2bOutdoors
Fri Aug 28, 2015 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: I have a Confession...Dave Ramsey...Help!
Replies: 70
Views: 7960

Re: I have a Confession...Dave Ramsey...Help!

Time for a vacation, Meg - seriously. Nothing wrong with listening to Dave, in fact, I use to watch him on cable with callers screaming they were out of debt, but your talking about car debt that is essentially free after inflation - no way would I pay that off, and I absolutely hate debt. The same ...
by Grt2bOutdoors
Fri Aug 28, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund or debt?
Replies: 15
Views: 910

Re: Emergency fund or debt?

The majority of the non-auto debt is house maintenance (paint, windows, pool issues, garage door, etc). Since, we have no emergency fund or buffer, anytime something big crops up, it goes on credit. p.s. I will never buy a 40+ year old house again. Those don't all sound like emergencies...just sayi...
by Grt2bOutdoors
Fri Aug 28, 2015 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dear In-Laws: Less toys, more 529
Replies: 70
Views: 6581

Re: Dear In-Laws: Less toys, more 529

Keep your mouth shut! Let your wife do the talking. It's the parent's responsibility to take care of the child's needs including education. It's the grandparents responsibility if they wish, to indulge them. Especially, if said grandparents grew up in an age of austerity, they are simply by extensio...
by Grt2bOutdoors
Fri Aug 28, 2015 12:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2009
Views: 385020

Re: U.S. stocks in freefall

OMG; the market is in stability!! I don't know what to do. This is a "black swan" that no one could have predicted. :confused OMG - Major oil company equities are up 10%+ in two days, guess they didn't get the newsflash about the impending collapse of oil prices (those are up 10% in a day...
by Grt2bOutdoors
Fri Aug 28, 2015 12:44 pm
Forum: Investing - Theory, News & General
Topic: So Is Now The Time To Buy?
Replies: 21
Views: 866

Re: So Is Now The Time To Buy?

Yes, please buy, that way if enough buyers come in my NAV will go back to what it was last week and the shares I picked up on sale will have gone up in value. Market timing does not work, if you had the money on Monday, that would have been a good time to buy. The next best time is today. But only i...

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