Search found 18145 matches

by Grt2bOutdoors
Fri Jun 22, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: State tax on 401k contributions - what happens if you move?
Replies: 15
Views: 615

Re: State tax on 401k contributions - what happens if you move?

I've contributed pre-tax to my 401k, saving on NJ state taxes. When I start withdrawing I'll probably live in Florida. Does NJ get their piece eventually even though I've moved? Sadly but surely, my hypothesis is they must. Thanks. How much annual withdrawals are you talking about? NJ is not that h...
by Grt2bOutdoors
Thu Jun 21, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bar Mitzvah Money Investing Ideas
Replies: 20
Views: 1458

Re: Bar Mitzvah Money Investing Ideas

blastoff wrote:
Thu Jun 21, 2018 8:22 pm
What is tax loss harvesting going to do?
Lower tax basis.
by Grt2bOutdoors
Thu Jun 21, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 72
Views: 6507

Re: Can you retire on $2M?

Sure it’s sound until it’s not. Your calculations fail to acknowledge a few key risks: inflation, market risk, sequence of returns risk, taxes. Run a few scenarios like starting out with $2 million, first year you withdraw $160k, account value declines by an additional 8% due to market fluctuations-...
by Grt2bOutdoors
Thu Jun 21, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Bar Mitzvah Money Investing Ideas
Replies: 20
Views: 1458

Re: Bar Mitzvah Money Investing Ideas

Hello all. My son (now 15) has about 35k in Bar Mitzvah money to invest. I initially opened an account with Fidelity and we picked 6 stocks (Disney, Nike, Apple, GE, etc..) and had a decent run but I've been thinking that this is probably not the smartest way to teach him about investing for the lo...
by Grt2bOutdoors
Thu Jun 21, 2018 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 143
Views: 39014

Re: Is the first 100k really the hardest?

I've often heard people say that the first 100k is the hardest...it only gets easier from here...now the magic of compounding begins, etc. I was wondering if anyone had any statistical support for this or if it's more of a cerebral victory. $100k: It took us 5 long years after graduation from May 2...
by Grt2bOutdoors
Thu Jun 21, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 143
Views: 39014

Re: Is the first 100k really the hardest?

The first 100k came pretty quickly once I started working with a 401k. But I'm finding that first $1 million to be pretty friggin hard to get to. I'm not even a third of the way there, so it feels like an unreachable goal. :-( I'm constantly tempted to just blow my money on that luxury car I've alw...
by Grt2bOutdoors
Wed Jun 20, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Continue 529 contributions or pay off rental RE?
Replies: 5
Views: 352

Re: Continue 529 contributions or pay off rental RE?

OP - you are making assumption that rental is fully occupied from now and into retirement with no vacancy. In real life, that is nearly never the case but you could be an outlier. A rental unit is able to deduct interest, taxes and depreciation from gross rental receipts. Net profits are taxed at in...
by Grt2bOutdoors
Wed Jun 20, 2018 7:41 am
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2812

Re: Is there a way to block someone?

Would love a way to block or ignore someone on Bogleheads so their posts don't appear. This one guy keeps preaching about real estate and I'd really love to just filter that out. There's this great opportunity, take a look at VNQ. It's indexed, low fees and is loaded with great investments. :twisted:
by Grt2bOutdoors
Wed Jun 20, 2018 6:17 am
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4846

Re: General Electric booted from Dow Jones Industrial Average

Bacchus01 wrote:
Wed Jun 20, 2018 5:47 am
Dead Man Walking wrote:
Wed Jun 20, 2018 12:18 am
I thought Jack Welch was a genious. What happened?

DMW
Welch left, that’s what happened
He’s no genius, if he was that good he would have hired a strong bench, that didn’t happen.
by Grt2bOutdoors
Tue Jun 19, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4846

Re: General Electric booted from Dow Jones Industrial Average

But why Walgreens and not say Amazon, a company with a larger footprint, which may well upend Walgreens in a few years if it decides to enter the pharmacy retail space. And perhaps DJIA should be rebranded as DJA since there are not a lot of industrial components left in the average. Companies chos...
by Grt2bOutdoors
Tue Jun 19, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4846

Re: General Electric booted from Dow Jones Industrial Average

General Electric is just another example of a company in decline, often the result of poor management decisions, misdirection, and inattentiveness. A great example of specific company risk that is mitigated in index funds through broad diversification. Or lazy, disengaged employees. More like overp...
by Grt2bOutdoors
Tue Jun 19, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4098

Re: Struggling - Seeking Advice to Get On Track

Welcome to the forum! Don’t feel overwhelmed, it’s a learning process, ask your questions here, there are lots of forum members who like to help. Please see the link by my signature on the format to ask questions. Do you know what your risk tolerance is? View the wiki, search for Investment Policy S...
by Grt2bOutdoors
Tue Jun 19, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes! EX-hubby died and left me and four children money
Replies: 5
Views: 2512

Re: Yikes! EX-hubby died and left me and four children money

WE all set up Vanguard Accounts now what? It's not a huge amount but would like to maximize it for myself and adult kiddos. I'm 46 with 72,000 in an IRA with Vanguard not invested yet. He left me an life insurance of 140,000 (I paid off the house I bought at the bottom of CA housing market in 2012)...
by Grt2bOutdoors
Tue Jun 19, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Engines Financial Advisor Question
Replies: 7
Views: 751

Re: Financial Engines Financial Advisor Question

You don’t need financial engines hands on advice unless you save ALOT more than 50bps on your overall account. Think about the value of your IRA, now think about the value of your entire account, how much has he really saved you?
by Grt2bOutdoors
Tue Jun 19, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4846

Re: General Electric booted from Dow Jones Industrial Average

The stock market is not the economy. It reflects only about 40% of business conducted in the economy. Some large industries have only a small market footprint, such as real estate, others have no footprint, such as legal devices. Perhaps, but if the stock market suffers a downdraft on par with 2008...
by Grt2bOutdoors
Tue Jun 19, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6664

Re: gray hair

wife and kids are stressing to color, I am thinking of going for it. If you give in to this, next thing is they'll be forcing you to trim your ear hair. Where does it end? Nose hair then back hair then toe hair. I think it ends with toe hair. No, it ends when they want you to shave your back.
by Grt2bOutdoors
Tue Jun 19, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 28
Views: 2806

Re: Value of a Military Retirement

Priceless. Any well funded defined benefit is. Private sector workers need to accumulate a whole bunch of money to equal a DB/DC Plan.
by Grt2bOutdoors
Tue Jun 19, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 24
Views: 2501

Re: Am I on track to reitre at 55?

If you open a taxable invest in in Sp500/tsm Total international Us municipal bonds index or at your income level just regular bond index. Don't mess with any "tax managed capital appreciation" funds. You don't need them and they will not do anything special for you. You may want to consider holdin...
by Grt2bOutdoors
Tue Jun 19, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Could somebody explain this to me please?
Replies: 3
Views: 927

Re: Could somebody explain this to me please?

Contracts between two parties, where one party is guaranteeing a set rate of interest as defined in the contract for a set period of time in return for an investment of X dollars. Usually, the contracting party is a highly rated insurance company. A capital preservation portfolio aka stable value fu...
by Grt2bOutdoors
Tue Jun 19, 2018 7:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: Anyone buying today?

Just thought it might be a good opportunity to add a little TSM, for the record with CD rates rising that's not a bad option either. Nothing wrong with adding if your IPS says "buy more when asset class declines at least 1% and you have extra cash lying around". Don't buy, just because it might clo...
by Grt2bOutdoors
Mon Jun 18, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9720

Re: Messy Divorce -- Forensic Accounting Help....

Divorce is big business, the OP is obviously wounded, the wrong counsel will encourage all of these moves - driving up costs that you will pay, leaving you and your family (kids) with less.
by Grt2bOutdoors
Mon Jun 18, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9720

Re: Messy Divorce -- Forensic Accounting Help....

Whole life insurance Variable annuities Savings bonds No current income, tax deferred for long periods of time, no IRS record. Or, maybe she was paying for services and the money is actually gone, as in frittered away. $85k over 9 years is not that difficult to spend away. Gifts - the per annum figu...
by Grt2bOutdoors
Mon Jun 18, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Help Retirement implications
Replies: 23
Views: 1441

Re: Investment Help Retirement implications

You don’t need to retire, you are putting the cart before the horse as changes are proposed- not set in stone. If anything, I’d think they’d grandfather in existing workers of age 55+, younger and newer workers would be impacted. Your husband can be brought up to speed, start with a book, I’m sure f...
by Grt2bOutdoors
Mon Jun 18, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio
Replies: 11
Views: 879

Re: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio

Total Stock (VTSAX), Total International (VTIAX), and Total Bond (VBTLX) are the only funds I have, but I am not satisfied with their performance. Do you have any other favorite fund you recommend? Also, if I decide to add another fund, when do you think is the best time to add it? should I wait un...
by Grt2bOutdoors
Mon Jun 18, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8295

Re: Very confused with the current market

I remember Warren buffet once said: buy the dips and value investing. the stock market always go higher due to inflation in the long term, however, should not we buy the dips? Are those crazy tech stocks still value investing ? I am expecting the dips. What is so crazy about some companies whose op...
by Grt2bOutdoors
Mon Jun 18, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8295

Re: Very confused with the current market

I remember Warren buffet once said: buy the dips and value investing. the stock market always go higher due to inflation in the long term, however, should not we buy the dips? Are those crazy tech stocks still value investing ? I am expecting the dips. Mr. Buffett also does not like to sell holding...
by Grt2bOutdoors
Mon Jun 18, 2018 6:04 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8295

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? Which fundamental law is that? When was it passed? Stop watching CNBC. Stop reading Barron’s. ...
by Grt2bOutdoors
Sun Jun 17, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Monthly Estimated Cap Gain Distributions
Replies: 3
Views: 501

Re: Vanguard Monthly Estimated Cap Gain Distributions

Does anyone know if the Realized/Unrealized Gains in the Distribution Tab on the fund's profile page is a good estimate for end-of-year capital gain distributions. For example, I have been watching Wellington Admiral and it has been going up every month and as of 5/31/2018, it has a realized gain o...
by Grt2bOutdoors
Sun Jun 17, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5135

Re: Young and rich

A balanced fund is inappropriate to use as risk of loss is quite real, in 2008, balanced funds declined as much as 20%+. I was the one who offered up 'balanced fund' allocation ranges for the $250K anticipated to be used for a future home purchase. I can certainly see your point of being more conse...
by Grt2bOutdoors
Sun Jun 17, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio
Replies: 11
Views: 879

Re: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio

Performance chasing ensures you will pay - either pay more for shares that have already appreciated or pay when sector falls out of favor and you find yourself under performing or pay when tax season rolls around and your actively managed fund distributed taxable dividends and capital gains of earni...
by Grt2bOutdoors
Sun Jun 17, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5135

Re: Young and rich

I would not say you are lucky - you incurred a loss to receive that inheritance: my condolences on your loss. A down payment to be used in the next 2-5 years belongs in safe, stable assets like a high yield savings account, money market fund, cds or Treasury bills. A balanced fund is inappropriate t...
by Grt2bOutdoors
Sat Jun 16, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7336

Re: I feel like selling my 3 fund

Keep buying, this is not 1929, 1930, 1931, 1973-1974, 1978, 1981, 1990, 1999, 2000, 2001, 2008, 2009 - keep buying! See how many years were "bad" years, since then there has been 1 World War, Korean War, Vietnam War, recessions, deep recessions, terrorist attack on native soil, financial calamaties ...
by Grt2bOutdoors
Sat Jun 16, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Thought on replacing roof before sale?
Replies: 12
Views: 1150

Re: Thought on replacing roof before sale?

Want to sell house quickly? A new roof is helpful. Let’s say market is hot, the one that needs less maintenance will sell even quicker and maybe for more. Let’s say the market is colder, one that has no deficiencies may sell quicker than as my b-i-l likes to call it “lipstick on a pig”.
by Grt2bOutdoors
Fri Jun 15, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 12
Views: 1002

Re: Investment book recommendations?

Hey fellow Bogleheads. Trying to educate myself on investing. What books, audio books and podcasts do you recommend reading / listening too that apply to the normal average middle class investor to retire comfortably? The Little Book of Common Sense Investing by John Bogle 2nd Edition is a good eas...
by Grt2bOutdoors
Fri Jun 15, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2218

Re: Using Wellesley Fund as a bond alternative

In 2008 it went down 9 percent Okay, do you think the maximum the market can go down is 10,20,30,40,50,60,70,80,90 or 100%? In 2008, markets dropped about 50%. Are you saying the max decline is 50%? Markets can go down and stay down for longer than one can stay solvent. You take risk with equities,...
by Grt2bOutdoors
Fri Jun 15, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2218

Re: Using Wellesley Fund as a bond alternative

Hey guys was getting your input on using the Wellesley fund 35:65 stock/bonds as my bond fund. Currently contribute $2500 a month to VTSAX ($30k yearly) and $250 a month to Wellesley which also houses my emergency fund of $30k so around 3k a year to that. I would be able to take the risk of a 10 pe...
by Grt2bOutdoors
Fri Jun 15, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1500

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

Is it a good argument not to fund 529 plan because it will reduce the chance to get financial aid for a family with annual income above $200,000? You are never going to get financial aid if your annual income is above $200,000. Not true. Both of my kids were offered scholarships. A scholarship is d...
by Grt2bOutdoors
Fri Jun 15, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Back to Treasurys...
Replies: 17
Views: 1993

Re: Back to Treasurys...

Money market funds - municipal if you are worried about taxes, the treasury money market fund is about 1.77%.
by Grt2bOutdoors
Fri Jun 15, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: How confident are you with this scenerio?
Replies: 11
Views: 1518

Re: How confident are you with this scenerio?

Enjoy your retirement! Very confident!
by Grt2bOutdoors
Fri Jun 15, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3711

Re: I am STUNNED over how much help my friends recieved with house purchase!

Rent-free does not equal drama-free either. Some parents believe in dictatorship before and after you leave the nest. No free lunch.
by Grt2bOutdoors
Fri Jun 15, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3711

Re: I am STUNNED over how much help my friends recieved with house purchase!

One other thought - IF you save up your own downpayment, IF you do decide to purchase a home, just remember you did it on your own. No one who received down-payment assistance or outright purchase of home by their parents can ever say to your face - we did it on our own! Of course, from time to time...
by Grt2bOutdoors
Fri Jun 15, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1500

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

I disagree with most of the posts here. I certainly would not recommend utilizing an IUL over a 529 plan, but IULs can be an excellent investment vehicle when structured properly. IUL is not for everyone, but for the right person there are many advantages. Stick with the 529 plan. Are you an insura...
by Grt2bOutdoors
Fri Jun 15, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3711

Re: I am STUNNED over how much help my friends recieved with house purchase!

  * How much money have you given your kid(s) for their house purchase? Zero - minors can't legally sign contracts. * How much money should you give your child for this purpose? Can't give what you don't have. * Should your kid(s) save their own money and buy a house on their own? Sure, we did with...
by Grt2bOutdoors
Fri Jun 15, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate to achieve retirement goals?
Replies: 10
Views: 1097

Re: Savings rate to achieve retirement goals?

You need $1,750,000 at a 4% draw to obtain $70K + $30K Social Security. You have $400K today, at a 5% growth rate, you need to contribute $7,027 per MONTH for exactly 120 months or 10 years. You have $400K today, at a 5% growth rate, you need to contribute $3,834.05 per MONTH for exactly 180 months ...
by Grt2bOutdoors
Fri Jun 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3508

Re: Contractor - Threatening Lien/Lawsuit

If he shows up at your house again - call the POLICE!
by Grt2bOutdoors
Fri Jun 15, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3508

Re: Contractor - Threatening Lien/Lawsuit

Rule #1: The best contractor to use is one where they are referred by others who've used them.
Rule #2: Craigslist is not the best source of contractor referrals.
by Grt2bOutdoors
Fri Jun 15, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs based on 1986 life expectancy versus today?
Replies: 23
Views: 1962

Re: RMDs based on 1986 life expectancy versus today?

Don't let the tax ramifications hold you back from spending your assets --- if you need it, use it, you are not taking it with you. The one thing I notice on this forum and i've been guilty of it myself, all of this time worrying about how much to save, how much to spend, how much to not take out - ...
by Grt2bOutdoors
Fri Jun 15, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11132

Re: Which boglehead rule do you break--and are ok with

I own individual equities. The percentage of portfolio is minority and coming down every paycheck, most of my new investments are indexed only.