Search found 15751 matches

by Grt2bOutdoors
Wed May 24, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help My Dad Retire
Replies: 12
Views: 963

Re: Help My Dad Retire

He's worried about the pension, but he has 13% of his 401k in megacorp stock? Get out of megacorp stock.
by Grt2bOutdoors
Wed May 24, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance needed, at a crossroads in my current job.
Replies: 9
Views: 777

Re: Guidance needed, at a crossroads in my current job.

Based on the above - do NOT be in a hurry to pay off the house. Save your cash. Put your resume together and see what opportunities may exist outside of company, discreetly.
by Grt2bOutdoors
Wed May 24, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 37
Views: 8932

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

moneywise3 wrote:Good. However you had a high net worth to begin with 3 years ago.


And however, the OP saved up and invested by sacrificing current consumption to have that high net worth 3 years ago! So, living below ones means truly does work! Great work, OP.
by Grt2bOutdoors
Wed May 24, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: NYC Employee Retirement Funds
Replies: 6
Views: 1216

Re: NYC Employee Retirement Funds

Look carefully at the Fixed Return Fund option in the TDA. In the Teachers' Retirement System, the FRF option is an above-market (7% for my wife's tier) guaranteed return. From what I understand, this is essentially a return subsidized by the NYC taxpayer for public employees. Especially if you hav...
by Grt2bOutdoors
Wed May 24, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate tax benefit of owning a home
Replies: 28
Views: 1329

Re: How to calculate tax benefit of owning a home

BogleMelon wrote:
Grt2bOutdoors wrote:What tax benefit?

If you compare owning a home Vs living in the street, then you are right there is no tax benefit. If you are comparing owning a home Vs renting then yes, there is a tax benefit of owning over renting.


AMT offsets any such benefit - what is given is taken away.
by Grt2bOutdoors
Wed May 24, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate tax benefit of owning a home
Replies: 28
Views: 1329

Re: How to calculate tax benefit of owning a home

What tax benefit? Your mortgage costs you 4%, you are in the 15% tax bracket. So, the government is giving you 15 cents back on every dollar you borrow. All it is really is an incentive, but a benefit? The one who is benefiting is the lender who's cost of capital is much much lower than the rate the...
by Grt2bOutdoors
Wed May 24, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 18
Views: 1263

Re: DFA Retirement Income Strategies

Not sure what 'income stream' topic is being discussed above. The strategy of creating an income floor has been discussed quite a bit. Yes, but this is about creating an income floor that is "real" as opposed to the normally discussed income floor that is "nominal". Pensions are...
by Grt2bOutdoors
Wed May 24, 2017 12:37 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 18
Views: 1263

Re: DFA Retirement Income Strategies

Biggest issue I have with this is buying TIPs in taxable. Taxation of principal increases upfront kind of defeats the purpose of "retirement" planning when it takes away from present consumption even more than what is being currently saved. Employee retirement plans may not offer an inflat...
by Grt2bOutdoors
Wed May 24, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1345

Re: Bradford White Electric Water heater?

just frank wrote:
VaR wrote:What do people think about hybrid heat pump water heaters?


Love mine....an 80 gallon AO Smith HPWH, 4 years old. Major issue if finding the right space (can't be too small, short, or cold).


80 gallons?, do you have an apartment house?
by Grt2bOutdoors
Wed May 24, 2017 6:04 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 73
Views: 7561

Re: i am my own "guy," but not sure I should advertise that

I've never had a problem talking to anyone about investing. Me neither, with the right crowd. Some folks are just not comfortable talking about it. To those who are willing to listen I hand then a copy of If You Can by Bill Bernstein or if they are really interested I direct them to Bogleheads.org ...
by Grt2bOutdoors
Tue May 23, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3671

Re: Is it worth it spending money to keep your house looking sharp?

It's worth spending money to keep house functional. It's worth spending money if you are going to enjoy coming home and living in a "sharp looking house". It's worth spending money when you are near the point of selling home. In the mean time, enjoy your home but don't be fooled by the nei...
by Grt2bOutdoors
Tue May 23, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: 529 Questions. Double tax breaks?
Replies: 7
Views: 845

Re: 529 Questions. Double tax breaks?

Nate79 wrote:Where is the double tax break? I'm not seeing it.


No gift tax paid by grandparents.
by Grt2bOutdoors
Tue May 23, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1345

Re: Bradford White Electric Water heater?

How difficult is it for average layperson to change anode in hot water heater?
by Grt2bOutdoors
Tue May 23, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: 401k vs Pension
Replies: 15
Views: 1243

Re: 401k vs Pension

Thanks everybody! I think I wasn't as clear as I could have been. I am currently in the pension, and there are options to do additional investing at my exspense no match. So at a minimum I have a mandatory 7% deduction for the pension. I have a job offer which is not state affiliated so the pension...
by Grt2bOutdoors
Tue May 23, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: 401k vs Pension
Replies: 15
Views: 1243

Re: 401k vs Pension

What is the percentage that would be deducted from high five salary pension? Imo, you would have to contribute alot more into 401k plan to get a similar amount pension pays at retirement. Depending on your current age, at least a 20 percent contribution rate on your part. You can control only few le...
by Grt2bOutdoors
Mon May 22, 2017 6:43 am
Forum: Investing - Theory, News & General
Topic: Index fund investor donates millions
Replies: 12
Views: 2085

Re: Index fund investor donates millions

Bless him, we need more generosity in the world, not less.
by Grt2bOutdoors
Sat May 20, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: What goes in your smoothie?
Replies: 45
Views: 2385

Re: What goes in your smoothie?

Penzey's natural high fat cocoa (unsweetened) strong black coffee frozen unsweetened cherries Cabot Greek yogurt (10% fat) possibly ground chia seed (freshly ground and dissolve it in the strong black coffee first) (Possibly a frozen banana--or not, depending on my mood) Very rich intense "dar...
by Grt2bOutdoors
Sat May 20, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: What goes in your smoothie?
Replies: 45
Views: 2385

Re: What goes in your smoothie?

Unsweetened frozen blueberries
Ground up flax seeds
Fresh spinach
Frozen bananas
Walnuts or raw cashews
Almond milk
Unsweetened cocoa powder
by Grt2bOutdoors
Fri May 19, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: I'm having a freak-out moment (portfolio question)
Replies: 24
Views: 2352

Re: I'm having a freak-out moment (portfolio question)

billthecat wrote:I should have had jobs with pensions.


I did, then employer changed the rules and froze plan. Bottom line, don't trust nobody, save as if it never existed. That is what I did, when they froze plan it was no surprise, I can't say the same for my colleagues.
by Grt2bOutdoors
Fri May 19, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Structuring- REVISED- Please review
Replies: 8
Views: 597

Re: Portfolio Structuring Help (first post)

Take dividends and have directed to money market fund, that is roughly 2-2.5%. Use market returns to rebalance, in non taxable account - taxation is not issue, in taxable, take advantage of tax loss harvesting when available. There are numerous posts on taking withrawals when retired, search forum. ...
by Grt2bOutdoors
Fri May 19, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Structuring- REVISED- Please review
Replies: 8
Views: 597

Re: Portfolio Structuring Help (first post)

Welcome! Your requirement is pre-tax or after tax? Who is managing the hedging portion? Hedging is another word for"let me bleed you dry in fees, while I guess which way the market is going as I gaze into my crystal ball". That is too much to be hedging, 20% or 800k, that is 20% of your to...
by Grt2bOutdoors
Fri May 19, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: A daily panic on the averages a day or two ago
Replies: 11
Views: 1102

Re: A daily panic on the averages a day or two ago

Newscaster: The Dow Jones Industrial Average fell 375 points in heavy trading today on news that someone (they didn't say who exactly, could be Batman) may be under investigation. The S&P 500 fell 40 points and the Nasdaq Index fell 120 points. Statistician: Translation of newscaster's report: ...
by Grt2bOutdoors
Fri May 19, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: At what age... [do you change investments]
Replies: 13
Views: 481

Re: At what age... [do you change investments]

"Just in case" what? You're better off having a higher balance in 1 account - diversify within the account I prefer simplicity in its, dare I say, simplest form If something happens to VG. It's a lame excuse. But some of the opinions I read made sense to me in my other post. Be worried if...
by Grt2bOutdoors
Fri May 19, 2017 7:55 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3093

Re: I am a huge believer in Passive Indexing.. but.....

First, congratulations on having reached the point in life where $100K is fun money :mrgreen: . As long as that is "fun money" perhaps you can let it fly and in a few years write a book that rhymes with "Learn How To Trade Like Chuck". In reality, I'd be taking profits and placi...
by Grt2bOutdoors
Fri May 19, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3093

Re: I am a huge believer in Passive Indexing.. but.....

Let's be clear here: One more very important thing to note - you were NOT in possession NOR were you "tipped or told" about anything your customer was doing that was Non-Public Information. Correct? If there is any thought of impropriety, the information you used to purchase was not public...
by Grt2bOutdoors
Fri May 19, 2017 6:10 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5629

Re: Milestone and not peeking. . .

Congrats :sharebeer . Onwards and upwards.....
by Grt2bOutdoors
Thu May 18, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals...
Replies: 78
Views: 9255

Re: Question for you high net worth individuals...

Thirty years ago several of my relatives got together and purchased a 40 acre plot of land in a non descript wooded area, and I mean, it was like a forest. The speculation was a resort was going to be built and all the land values were going to skyrocket. They bought it for $100 an acre (that's righ...
by Grt2bOutdoors
Thu May 18, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals...
Replies: 78
Views: 9255

Re: Question for you high net worth individuals...

Zero. Our McMansion was purchased for less than $200,000 and its value has not kept up with inflation. Don't know if I qualify based on OPs standards, nonetheless I will still reply, not much. My home has not kept up with inflation, had I simply invested the money and rented i would be better off, ...
by Grt2bOutdoors
Thu May 18, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 4707

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

Why not a small ditch along your property line to get that water to some place that you need it? Or it could be just in front of patio so that your lawn is watered for free by the neighbor. This could be elaborate like a French drain ... or not. You could even have a diverter to send it back where ...
by Grt2bOutdoors
Thu May 18, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Life's big ticket items to save for
Replies: 37
Views: 2792

Re: Life's big ticket items to save for

I'm 30 and getting married this year, planning to have kids in the next few years, and maybe buy a home if we move out of the SFBA. What are some of the big ticket items I should save for? Wedding expenses we've got figured out. How much do kids cost from delivery to when they're out on their own? ...
by Grt2bOutdoors
Thu May 18, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1112

Re: Updates to our financial situation & a few questions..

Does your stock allocation include any international exposure? If so you may want to consider adding some VTIAX to taxable. Holding international stocks in taxable accounts is beneficial so that you can take advantage of the foreign tax credit (and can allow for tax loss harvesting due to fluctuati...
by Grt2bOutdoors
Thu May 18, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Paying balance of costly ambulance ride
Replies: 18
Views: 1028

Re: Paying balance of costly ambulance ride

You should re-evaluate your statements - you suffered by your own admission an injury that a physician determined warranted a high level of care not found using car service. Thankfully, such a service existed and you did not suffer any long lasting effects. Since receiving such service you believe t...
by Grt2bOutdoors
Thu May 18, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Justification for holding Emerging Markets?
Replies: 67
Views: 2960

Re: Justification for holding Emerging Markets?

I don't have a large amount of emerging markets in my portfolio and I am beginning to question why I have any, especially since I have no real conviction about it and for the most part appreciate portfolio simplicity. What is the justification for having emerging markets? In reality I am not big on...
by Grt2bOutdoors
Thu May 18, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for 34 years old
Replies: 8
Views: 669

Re: Asset allocation for 34 years old

The enemy of a good plan is the thought of a better plan. Your proposed allocation may cause you regret later on when your returns under perform the benchmarks. You are excluding wide tranches of profitability by focusing in on sub sections of the entire market. Experience is what you get when you d...
by Grt2bOutdoors
Thu May 18, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Justification for holding Emerging Markets?
Replies: 67
Views: 2960

Re: Justification for holding Emerging Markets?

I don't have a large amount of emerging markets in my portfolio and I am beginning to question why I have any, especially since I have no real conviction about it and for the most part appreciate portfolio simplicity. What is the justification for having emerging markets? In reality I am not big on...
by Grt2bOutdoors
Thu May 18, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: What would you do if ETF was to expensive
Replies: 14
Views: 857

Re: What would you do if ETF was to expensive

I can access VT from my broker in Argentina. But the cost for buying and selling is 1.8%. Also I have to pay Income tax for dividends and capital gains. But if I invest in local assets, I only pay 0.6% for buying and selling and no income tax on anything. The problems is, they are local assets. Is ...
by Grt2bOutdoors
Thu May 18, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Forced Retirement
Replies: 28
Views: 2739

Re: Forced Retirement

I'm actually trying to figure out where the income stream of $110,000 comes from. Is this before or after taxes? that seems like a lot, or at least a "desired" stream, not "necessary" stream. I'd like that in retirement, too, but you really need something north of $1.5M to suppo...
by Grt2bOutdoors
Thu May 18, 2017 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2419

Re: Learning how to spend

Take a nice vacation - some locale like Europe or Carribean, that will alleviate part of your spending issue while providing a different outlook on life. Life is not about accumulating, it is about living. Go live it!
by Grt2bOutdoors
Wed May 17, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investing (or not) while home shopping
Replies: 4
Views: 450

Re: Investing (or not) while home shopping

In short, the answer to your question is No. If there were, the return would be arbitrage away with others looking to capture the same riskless returns. Keep your money in the bank unless you want to lose it. It's important to understand you stand the greatest risks when you play the timing game. Do...
by Grt2bOutdoors
Wed May 17, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2602

Re: How Much for 529 Plan

Given your children's ages, do you have any reason to believe they will not attend college? Time to fund another account for child number 2.
by Grt2bOutdoors
Wed May 17, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: FIL's $100k Question
Replies: 5
Views: 664

Re: FIL's $100k Question

Vanguard Target Retirement Income https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0308 One fund, simple, low costs, widely diversified. No financial planner needed. Or: Lifestrategy Income Fund https://personal.vanguard.com/us/funds/snapshot?FundId=0723&FundIntExt=INT W...
by Grt2bOutdoors
Wed May 17, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 905865

Re: U.S. stocks in freefall

What a shame this mini-bull run had to end. Oh well; I bought more US SCV today. A bull is considered over when the market has declined over 10%, the bull is still here. Isn't that the formal definition of a correction? Surely a market runup can end in ways other than a correction. For example: a f...
by Grt2bOutdoors
Wed May 17, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Conceptual strategy to safely fund an early retirement?
Replies: 10
Views: 932

Re: Conceptual strategy to safely fund an early retirement?

CD's, T Bills and cash savings accounts are yielding negative real today. There is your first problem. Second, you have to pay taxes on returns that are negative putting you at a disadvantage. Third problem, getting 3% real on equities might be a stretch these days. Conceptually it works but only if...
by Grt2bOutdoors
Wed May 17, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 798

Re: New member retirement Check Up

Thanks for the replies guys. I guess with everything I wrote my actual questions got lost in the mix. Here they are short and sweet. 1) I want to retire at 55 is there more that I need to do? Is there any big holes, or am I going overboard already. No, you are on track. You'll know when you are 10 ...
by Grt2bOutdoors
Wed May 17, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 905865

Re: U.S. stocks in freefall

triceratop wrote:What a shame this mini-bull run had to end. Oh well; I bought more US SCV today.


A bull is considered over when the market has declined over 10%, the bull is still here.
by Grt2bOutdoors
Wed May 17, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 798

Re: New member retirement Check Up

Welcome to the forum! I'd like to point something out - if you are truly saving for retirement, then where prices go today, tomorrow or next week whether it be equities or fixed income (bonds) should not matter, what matters over your investment horizon is the average price per share paid. You shoul...
by Grt2bOutdoors
Wed May 17, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 3019

Re: What are the powers of HR in a company?

Since it is overseas domiciled company, do not expect the same office / professional ethics in this company. Unless if you (your wife) is not strong, as well as the US hiring manager is not strong, life in these companies will be less optimal. Unless other opportunities do not exists, or this offer...
by Grt2bOutdoors
Wed May 17, 2017 6:33 am
Forum: Investing - Theory, News & General
Topic: BRK.A/B a dangerous long term play?
Replies: 20
Views: 1822

Re: BRK.A/B a dangerous long term play?

If you believe any one company is dependent upon any one or two managers, then I have a bridge i'd like to sell you. You ought to kick the tires some more before you make any investment. All of the annual reports are widely available, start reading....then read some more. This Buffett speculation an...
by Grt2bOutdoors
Tue May 16, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help, pay off house or invest?
Replies: 34
Views: 2399

Re: Help, pay off house or invest?

Your main goal is to relax and get your sleep "now". Paying off the house is not going to let you get sleep, having money in the bank will let you sleep like a baby, at least for the next two months, after that all bets are off! :wink: Re-evaluate after your wife goes back to work, not bef...
by Grt2bOutdoors
Tue May 16, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: thoughts on the FP&A (financial analysis) certification?
Replies: 4
Views: 412

Re: thoughts on the FP&A (financial analysis) certification?

Employers prefer contributors who actually have work experience in a particular field and can provide solutions for employers. How will the certification solve those two requirements? More importantly, can you convince a potential employer that the certification makes you the desirable candidate to ...

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