Search found 13880 matches

by Grt2bOutdoors
Sat Jul 23, 2016 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 146
Views: 9091

Re: How many folks choose to give inheritance to their children in unequal portions?

I have a son who is doing well and a daughter who struggles. I'm seriously considering changing the trust so she gets the house for herself. I have no idea how much money will be left so it could be very uneven when it happens. Still, we think it will make us feel better knowing she'll have a home ...
by Grt2bOutdoors
Fri Jul 22, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers
Replies: 70
Views: 8495

Re: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers

Getting back on topic, Financing 30-Year Retirements with 40 Year Careers, here is a recently released report that looks at retirement plans by country on a global basis. Let's hear the comments on which countries plan in your opinion offers a better shot at retirement than the ole U.S. of A. http:/...
by Grt2bOutdoors
Fri Jul 22, 2016 7:34 pm
Forum: Investing - Theory, News & General
Topic: Recession post-election?
Replies: 40
Views: 2609

Re: Recession post-election?

I'm bullish on the US too! I went long US equities using /ES late last year. January was a little rough, but overall, I'm content with my asset allocation. You're late to the party, Daryl. Better late than never. I've been long for over 50 years, and believe America's best days are yet to come. Wel...
by Grt2bOutdoors
Fri Jul 22, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: Recession post-election?
Replies: 40
Views: 2609

Re: Recession post-election?

In other news this week, it was predicted the weather will be either dry or wet the day after the November elections. Keep your umbrellas handy, just in case. :)
by Grt2bOutdoors
Fri Jul 22, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 146
Views: 9091

Re: How many folks choose to give inheritance to their children in unequal portions?

Read Beyond the Grave! Highly recommend not doing this - I've seen in my own family what giving unequal shares does - it creates rifts, rifts that seem to transcend time and follows from generation to generation. My own grandparent changed the original will from equal shares amongst 5 siblings to 9...
by Grt2bOutdoors
Fri Jul 22, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 146
Views: 9091

Re: How many folks choose to give inheritance to their children in unequal portions?

Read Beyond the Grave! Highly recommend not doing this - I've seen in my own family what giving unequal shares does - it creates rifts, rifts that seem to transcend time and follows from generation to generation. My own grandparent changed the original will from equal shares amongst 5 siblings to 90...
by Grt2bOutdoors
Tue Jul 19, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement for Women(?)
Replies: 19
Views: 1410

Re: Retirement for Women(?)

10x income for life insurance. For retirement, it's 20-25x expenses less known and expected future annual income (social security/pensions). If one's social security replacement income represents 20% of final income and one is currently living off of 75-80% of income, then income to be replaced fro...
by Grt2bOutdoors
Tue Jul 19, 2016 10:40 am
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5021

Re: OK to stay in cash if you have 40-50x annual expenses?

When you have won the game , it is okay to stop playing. Oft quoted. Might be smart for some, but if you enjoy the game (I do) why quit? Some above might also view this as throwing money away? Some may say that, they enjoy the game, but then a black swan appears and as a former teacher of mine used...
by Grt2bOutdoors
Tue Jul 19, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Retirement for Women(?)
Replies: 19
Views: 1410

Re: Retirement for Women(?)

10x income for life insurance. For retirement, it's 20-25x expenses less known and expected future annual income (social security/pensions). If one's social security replacement income represents 20% of final income and one is currently living off of 75-80% of income, then income to be replaced from...
by Grt2bOutdoors
Tue Jul 19, 2016 9:15 am
Forum: Personal Consumer Issues
Topic: HOA Swimming Pool Trespassing Issue
Replies: 100
Views: 6690

Re: HOA Swimming Pool Trespassing Issue

Go down to the local police station and have a chat with the community policing officer and if that is not available, make an appointment with the chief of police. Ask to set up a "sting", when the miscreants see you are serious about this, I don't think they want to spend the weekend in &...
by Grt2bOutdoors
Mon Jul 18, 2016 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: at milestone - help please
Replies: 4
Views: 771

Re: at milestone - help please

How much will the pension pay you at retirement age? Effectively, the pension plan is now considered frozen since you will or have been terminated from employment. How well funded is the pension plan? You receive an annual statement from the employer indicating its funding status, you should be able...
by Grt2bOutdoors
Mon Jul 18, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: When to Buy New Tires
Replies: 10
Views: 851

Re: When to Buy New Tires

Take it to a reputable garage - have them immerse the tire in a solution of soapy water, the slow leak will become very apparent. If' it is the rim, depending on how bent the rim is, you can repair it with a good coating of automotive grease around the rim and some "ahem" modification of r...
by Grt2bOutdoors
Mon Jul 18, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Feeling discouraged
Replies: 60
Views: 5797

Re: Feeling discouraged

2.2% is alot better than -2.2%. Stay the course, most of the heavy lifting will be done in the latter part of your investment horizon, but first you must save and then you must invest. You have done well with the savings part, you finally got over the investing hump after missing the rally of 2011-2...
by Grt2bOutdoors
Mon Jul 18, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: The Savings Gap Between Women and Men: What Is Your Plan?
Replies: 46
Views: 3930

Re: The Savings Gap Between Women and Men: What Is Your Plan?

Don't believe the hype - average age of woman is what? 84, average age of man is what? 81. Half will not make it to 84 - a 3 year age gap does not equal an additional $522K in savings needed. What is the motivation of the investments industry to portray such dire expenses? Let me give you a hint.......
by Grt2bOutdoors
Mon Jul 18, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: Orlando Disney Parks
Replies: 41
Views: 3026

Re: Orlando Disney Parks

Soarin' is located on the lower level where the Seasons restaurant is located (recommended for lunch). On the other side of Season's is the Land of Living boat ride (recommended) Mission Space - recommend you do this first thing in the morning (located by giant sphere at Epcot) without FastPass the ...
by Grt2bOutdoors
Mon Jul 18, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Scary thought. Running out of time to save for retirement
Replies: 60
Views: 6197

Re: Scary thought. Running out of time to save for retirement

IMHO, focusing on percentages is misleading. Focusing on hard dollars is what gets you to your end-goal. Yes, percentages work for payroll purposes, however, the problem with percentages is the average person is going to say something along the lines of "i have this unexpected bill, I have no o...
by Grt2bOutdoors
Sun Jul 17, 2016 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5021

Re: OK to stay in cash if you have 40-50x annual expenses?

When you have won the game , it is okay to stop playing.
by Grt2bOutdoors
Sun Jul 17, 2016 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned about a market bubble – looking for safer funds
Replies: 16
Views: 1477

Re: Concerned about a market bubble – looking for safer funds

Hello – I am new posting here but I really appreciate the good things I've read. I have a portfolio about 12% total bond index, 6% Health care fund, and the rest in total stock/500 index. It's been nice watching the market rise to a record in the last week, but there are so many troublesome politic...
by Grt2bOutdoors
Sun Jul 17, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned about a market bubble – looking for safer funds
Replies: 16
Views: 1477

Re: Concerned about a market bubble – looking for safer funds

Deutsche Bank? Whew!! I thought you where going to mention Monte de Paschi of Siena or Unicredit of Italy. That's news? That is not news. You are concerned about Deutsche Bank? How about your healthcare holding instead? That is a concentrated bet.
by Grt2bOutdoors
Fri Jul 15, 2016 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Balance sheet Analysis
Replies: 17
Views: 975

Re: Balance sheet Analysis

Fun? you say? :happy If you want to have real fun, try understanding how changes in the statement of cash flows are reflected in the balance sheet and income statement. Do that, then you will be able to master the Security Analysis examples.
by Grt2bOutdoors
Fri Jul 15, 2016 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Balance sheet Analysis
Replies: 17
Views: 975

Re: Balance sheet Analysis

As noted previously, surplus is not an asset. What I recommend you do is put aside the book for now, instead view a company, any public company's Form 10-K (you can find it on their website under Investor Relations). Read thoroughly the Income Statement, Balance Sheet and Statement of Cash Flows. Ge...
by Grt2bOutdoors
Fri Jul 15, 2016 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Balance sheet Analysis
Replies: 17
Views: 975

Re: Balance sheet Analysis

Ok, now I'm even more confused. I was watching Khan academy. A surplus account is the same as cash account isn't it... Because in the video its showing cash account and inventory are both asset accounts Where is it defined that a "surplus" account is the same as cash? Point us to your sou...
by Grt2bOutdoors
Fri Jul 15, 2016 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Balance sheet Analysis
Replies: 17
Views: 975

Re: Balance sheet Analysis

So in the example above, both asset accounts are being reduced....the inventory and surplus are both asset accounts right? No, inventory belongs in assets, capital and surplus belong in the stockholders equity section. I recommend you visit Khan Academy for a tutorial on Accounting, Security Analys...
by Grt2bOutdoors
Fri Jul 15, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Balance sheet Analysis
Replies: 17
Views: 975

Re: Balance sheet Analysis

Hmmm.. Interesting....But if you credit and debit the same amount doesn't it cancel the amount and nothing is being written down so no money is lost? Not quite. You could purchase $10K in inventory, pay $10K in cash. No change right? Debit washes the credit, or does it? Problem is, inventory is sub...
by Grt2bOutdoors
Fri Jul 15, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Treasury bonds
Replies: 2
Views: 235

Re: Treasury bonds

EE savings bonds are a special type of Treasury bond. While interest rates affect publicly traded US Treasury securities, they do not affect non-marketable securities such as US Saving bonds. It's likely your EE bonds are paying rates of 4% or better, my advice is to hold. To find out the rate your ...
by Grt2bOutdoors
Thu Jul 14, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Yrs Old - Am I on the right track?
Replies: 53
Views: 3213

Re: 21 Yrs Old - Am I on the right track?

It's refreshing that this is a genuine "Am I on the right track?" thread. When clicking in I was expecting to see another: "I have 500K in a taxable account, an inherited IRA worth another 500K and just accepted a job making $300K per year - am I on the right track?" threads. :b...
by Grt2bOutdoors
Thu Jul 14, 2016 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Yrs Old - Am I on the right track?
Replies: 53
Views: 3213

Re: 21 Yrs Old - Am I on the right track?

Hello Bogles, First post here after stumbling upon this site many of times. A little background on me, I'm a 21 year old college student with a crazy determination for investing (mainly for retirement) and money. My current portfolio: Vanguard Taxable Account: S&P 500 Index: $3k Wellington $3k ...
by Grt2bOutdoors
Thu Jul 14, 2016 11:08 am
Forum: Investing - Theory, News & General
Topic: A Tale of Two Strategies
Replies: 23
Views: 2295

Re: A Tale of Two Strategies

Slow and steady wins the race. Your tale reminds me of "the hare and the turtle" or "the ant and the grasshopper". OP - nothing wrong with conservatism if it gets you to your end-goal with certainty. What you have designed is a portfolio that meets your low risk threshold. Congra...
by Grt2bOutdoors
Thu Jul 14, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 147
Views: 19590

Re: $13 Million Goal for Early Retirement (am I crazy?)

Sorry for your loss. One more reason for you to enjoy the present and your family - time can be short. Second, while you don't need $13 million, you don't even need $5 million. You currently spend $31K, let's say in 19 years your spending is now $65K. Take a multiple of 30 times spending that is rou...
by Grt2bOutdoors
Thu Jul 14, 2016 10:47 am
Forum: Investing - Help with Personal Investments
Topic: 21 Yrs Old - Am I on the right track?
Replies: 53
Views: 3213

Re: 21 Yrs Old - Am I on the right track?

Hello Bogles, First post here after stumbling upon this site many of times. A little background on me, I'm a 21 year old college student with a crazy determination for investing (mainly for retirement) and money. My current portfolio: Vanguard Taxable Account: S&P 500 Index: $3k Wellington $3k ...
by Grt2bOutdoors
Thu Jul 14, 2016 10:37 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7379

Re: "How saving too much can make your retirement less satisfying"

Apparently Chuck Jaffe and Michael Kitces are not frequent visitors or posters of this forum. I have not read one poster saying on this forum that they are dissatisfied with having accumulated so much in assets that they are able to sleep at night. I have heard many posters say "we are enjoyin...
by Grt2bOutdoors
Thu Jul 14, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: 21 Yrs Old - Am I on the right track?
Replies: 53
Views: 3213

Re: 21 Yrs Old - Am I on the right track?

You are and you will continue to be if you read this and take it to heart. https://www.etf.com/docs/IfYouCan.pdf

Great job, btw. Stay the course!
by Grt2bOutdoors
Thu Jul 14, 2016 8:15 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7379

Re: "How saving too much can make your retirement less satisfying"

Apparently Chuck Jaffe and Michael Kitces are not frequent visitors or posters of this forum. I have not read one poster saying on this forum that they are dissatisfied with having accumulated so much in assets that they are able to sleep at night. I have heard many posters say "we are enjoying...
by Grt2bOutdoors
Thu Jul 14, 2016 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Saving for college vs maxing out retirement accts
Replies: 24
Views: 1769

Re: Saving for college vs maxing out retirement accts

If you plan on retiring at 67 - yes, it may actually be excessive. We're shooing for mid 50's on the high end. Early retirement is an achievable goal with maxing out of taxed advantaged accounts and low(ish) expenses. Perhaps your goal is to live more extravagantly, and work longer? That's fine too...
by Grt2bOutdoors
Thu Jul 14, 2016 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Saving for college vs maxing out retirement accts
Replies: 24
Views: 1769

Re: Saving for college vs maxing out retirement accts

Doubt op literally meant loving like a pauper, more like living like a lower middle class. No new cars, vacations, HBO,latest cell phone, clothes from wal mart instead of Ralph Lauren. But what is the Internet w/o a little exaggeration? I didn't know not having " No new cars, vacations, HBO,la...
by Grt2bOutdoors
Wed Jul 13, 2016 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Going into the market in a big way NOW?
Replies: 14
Views: 1896

Re: Going into the market in a big way NOW?

If I had many millions I wouldn't much worry about anything at that point. International valuations aren't too shabby. Worrying is a wasted emotion except about money; and everything is relative. I don't do international investing (I'm like Bogle) but I do get your point. Any thoughts on the valuat...
by Grt2bOutdoors
Wed Jul 13, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6167

Re: Private vs State School?

We live in NY so I am referring to SUNY Binghamton vs a small liberal arts school in New England. My son is doing very well academically at his private school and majoring in history. SUNY Binghamton is a great school. I don't know any details about the liberal arts school in New England but I woul...
by Grt2bOutdoors
Wed Jul 13, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6167

Re: Private vs State School?

I think there's a lot to be said for a small liberal arts school, so long as it (and most importantly, the student's approach to it) is rigorous. For example, Williams emulates certain aspects of the old British tutorial system -- a very attractive prospect. +1 I'd pay the extra for Williams or Amh...
by Grt2bOutdoors
Wed Jul 13, 2016 7:39 am
Forum: Personal Consumer Issues
Topic: What should I tip the limo driver?
Replies: 25
Views: 2029

Re: What should I tip the limo driver?

No less than $200. If you can shell out $1,200 for 8 hours, you can certainly afford $200 more. What are we talking about here? $200/8 is $25 per head. $25/8 hours is less than minimum wage to potentially take verbal abuse - some folks don't know how to taste, instead they drink to the point of beco...
by Grt2bOutdoors
Tue Jul 12, 2016 8:48 pm
Forum: Personal Consumer Issues
Topic: How much cash to give when invited to a wedding?
Replies: 73
Views: 4962

Re: How much cash to give when invited to a wedding?

Some would say that if you want to be crass, estimate the cost of the wedding and thus the reception-portion based on the wealth of the bride's family and the number of people invited. Based on that estimate you must give no less than the price of the dinner, and hey, throw in the cost of the enter...
by Grt2bOutdoors
Tue Jul 12, 2016 8:46 pm
Forum: Personal Consumer Issues
Topic: How much cash to give when invited to a wedding?
Replies: 73
Views: 4962

Re: How much cash to give when invited to a wedding?

Give what you can.

If I don't attend, I'll mail a check for $100.
If I attend and we have a close relationship - no less than $150 a plate.
Immediate family - :moneybag

Never show up with a toaster. It will go into the "log book" :oops:
by Grt2bOutdoors
Tue Jul 12, 2016 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Fund in taxable account and too good to be true?
Replies: 13
Views: 1560

Re: Fund in taxable account and too good to be true?

I have three questions for this great board. 1. Does Vanguard Tax-Managed Balanced Admiral - VTMFX belong in a taxable account? Yes. 2. Vanguard Extended Duration Treasury Index Fund ETF Shares- EDV Am I missing something here? The returns look too good to be true. No, the returns are there as are ...
by Grt2bOutdoors
Tue Jul 12, 2016 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2892

Re: What is your taxable account investing strategy?

One invests in equities in the hopes of capturing the lottery effect , however, there is zero guarantee of a return and one can lose all of their principal. This is grossly overstated. Playing the lottery has an expected payoff of approximately $0, or a nearly 100% loss of the amount invested, with...
by Grt2bOutdoors
Mon Jul 11, 2016 8:12 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 12999

Re: What do you spend your money on???

I do have the best looking lawn on the block now that it's being properly irrigated, the water bill is expected to be noticeably higher this year. And one expensive vacation.
by Grt2bOutdoors
Mon Jul 11, 2016 8:09 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 12999

Re: What do you spend your money on???

czeckers wrote:Also feeding the kids. Those teenagers sure do eat a lot.


Send them over to Livesoft's house. :)
by Grt2bOutdoors
Mon Jul 11, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2892

Re: What is your taxable account investing strategy?

My strategy is to pay off all debts, including mortgage debt, before investing in accounts that are not tax advantaged. You realize you are paying 3.5% on your mortgage, minus a tax deduction....call it 2.75%. Do you expect equities to return less than 2.75% over the life of your remaining mortgage...
by Grt2bOutdoors
Sat Jul 09, 2016 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a Family Member Start Investing. Can Someone Check my advice?
Replies: 13
Views: 894

Re: Helping a Family Member Start Investing. Can Someone Check my advice?

Have you given a graduation present yet? Buy a copy of The Bogleheads Guide to Investing and give it to them.
by Grt2bOutdoors
Sat Jul 09, 2016 2:17 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 103
Views: 5361

Re: What's your asset allocation and why?

65/35. 70/30 domestic/international and the same split for developed/emerging (70/30). Domestic holdings follow total stock market weighing. I hold a large cap blend individual equities portfolio that represent 20% of equities, value equity. Fixed income in tax deferred follows bond index, taxable i...
by Grt2bOutdoors
Fri Jul 08, 2016 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment construction BOOM in Boston. A rental/condo crash on the horizon?
Replies: 5
Views: 580

Re: Apartment construction BOOM in Boston. A rental/condo crash on the horizon?

https://www.boston.com/news/business/2016/04/08/heres-what-we-know-about-the-general-electric-boston-headquarters-deal-so-far How many jobs are moving from Fairfield CT, to Boston, MA? Let's say it's 1,000, let's say 350 of them choose to rent. There goes some of the supply. Next, rates have come do...
by Grt2bOutdoors
Thu Jul 07, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: Class Action suit against KMB
Replies: 7
Views: 657

Re: Class Action suit against KMB

Hold. Do not base investment decisions on "noise". Look up any company in VTI, guarantee there is notice of pending lawsuits in 75% or more of the holdings in that ETF/mutual fund. You don't see mass selling of VTI because of those notices, why is this any different, unless you know someth...

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