Search found 14005 matches

by Grt2bOutdoors
Thu Aug 25, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: How do people earn regular income by investing?
Replies: 9
Views: 1071

Re: How do people earn regular income by investing?

OP - You have no time because you are too busy working hard to support your family, agree? Don't, I repeat, don't make the mistake if you ever do have some free time to trade, ever! - on the other side of the trade, is someone just waiting to take your hard-earned dollars. For ever successful trader...
by Grt2bOutdoors
Thu Aug 25, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Help Investing for Retirement
Replies: 20
Views: 1090

Re: Beginner Help Investing for Retirement

3. I met with a fiduciary advisor that recommended I move the Traditional IRA to a front loaded (4.5% load), low fee (0.5%) variable annuity since it will be a small piece of my retirement puzzle and won’t be added to at all going forward. I am skeptical of the annuities based on everything I’ve re...
by Grt2bOutdoors
Thu Aug 25, 2016 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Help with 401k Investment Choices
Replies: 2
Views: 135

Re: Newbie Help with 401k Investment Choices

Hello All, I'm a newbie to the boards here but have spent the last few weeks absorbing as much information as possible from the wikis and posts of others. So much amazing info available here it's truly overwhelming to try and digest it all. Still A LOT to learn. The majority of retirements savings ...
by Grt2bOutdoors
Thu Aug 25, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: How much PrimeCap vs Total Stk Mkt
Replies: 19
Views: 819

Re: How much PrimeCap vs Total Stk Mkt

No more than 5%, if that, in any one actively managed or individual wager. You are betting, however good the track record of Primecap Management Co. of Pasadena, will continue into the long-term. It very well may, but you never know and you certainly don't want to bet your assets total return on a h...
by Grt2bOutdoors
Thu Aug 25, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: High income, confused, trying to get a plan in place.
Replies: 19
Views: 2029

Re: High income, confused, trying to get a plan in place.

You are paying a financial adviser, but aren't getting enough advice to get a plan in place? Either you need to ditch the adviser, or push harder for enough discussions to cure your confusion and get you on a plan that you are totally comfortable with. Not everyone is comfortable or capable of crea...
by Grt2bOutdoors
Thu Aug 25, 2016 1:45 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 27
Views: 5753

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

If you have won the game, stop playing To me that means no stocks no bonds just CDs and money market. Because I have ultra low expenses/single/debt free I am over 80x RLE. But when RMDs kick in next year at age 70 it will drop to 50x. But that is without adjusting for inflation. CDs and money marke...
by Grt2bOutdoors
Thu Aug 25, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned I'm investing at peak
Replies: 30
Views: 3301

Re: Concerned I'm investing at peak

You're concerned your investing at a peak? That's normal, let me allay your fears, when I started investing in 1990, the market was at a peak - 339.97, yesterday it closed at 2,175.44 - that is nearly 8x the level it was 25 years ago. Let's say you're right at it is at a peak, well, today's peak can...
by Grt2bOutdoors
Thu Aug 25, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have enough for retirement?
Replies: 23
Views: 2653

Re: Parents have enough for retirement?

Grt2boutdoors, you're right that on the face of it, it's hard to say they're bad at finances if they have over 1.3 million for retirement. no point gettng into it but let's just say that my dad was the anti-boglehead who was obsessed with penny stocks. If they had used retirement accounts they woul...
by Grt2bOutdoors
Thu Aug 25, 2016 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup 33 year old Fed
Replies: 12
Views: 946

Re: Financial Checkup

So it does sound like you have quite a lot that you can save: $200k - $50k (taxes) - $40k (expenses) = $110k I would probably do things in this order: 1) Set paycheck for her 401k/his TSP contributions such that you get the full employer match. 2) Use all remaining cash flow to fill emergency fund,...
by Grt2bOutdoors
Wed Aug 24, 2016 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with pros/cons for buying a 1M investment property in LA
Replies: 42
Views: 2084

Re: Help me with pros/cons for buying a 1M investment property in LA

Property in LA - concentration risk, political risk (ie. taxation), economic risk (LA and surrounding area economy could tank), high transaction costs, distant landlord. Vanguard REIT fund - similar type income stream (roughly 2.7% yield plus 0.3% return of capital (no tax)) Diversified, yet would b...
by Grt2bOutdoors
Wed Aug 24, 2016 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have enough for retirement?
Replies: 23
Views: 2653

Re: Parents have enough for retirement?

Hi, My immigrant parents have never been good with finances. They have very little of their savings invested in retirement accounts. They are 61 (mom) and 67 respectively. They will make no income starting next year other than my father's social security checks. Their Savings and Assets : They won'...
by Grt2bOutdoors
Wed Aug 24, 2016 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned I'm investing at peak
Replies: 30
Views: 3301

Re: Concerned I'm investing at peak

Money you can not afford to lose, should not be placed in the stock market. Money needed in case of job loss or events that are expected to occur in the next 5 years belongs in an FDIC insured savings account or CD. Risk and return go hand in hand. you can not get growth, dividends, etc. without tak...
by Grt2bOutdoors
Wed Aug 24, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for Children
Replies: 32
Views: 2349

Re: Planning for Children

Would it be beneficial for me to buy long term disability, since I will be providing most of the income? I've been told by a financial advisor in the past that I should. He also said to make sure the disability insurance covers me if I'm not able to perform my current profession (meaning if I can't...
by Grt2bOutdoors
Wed Aug 24, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: Honda maintenance schedule?
Replies: 41
Views: 2213

Re: Honda maintenance schedule?

Easiest way for a perfectly good engine to meet its demise is by not changing the engine oil on a timely basis. One year is the max I would go before changing it. Change the engine oil and filter, rotate the tires if you have not done so, change the engine air filter, change your wiper blades. Chang...
by Grt2bOutdoors
Tue Aug 23, 2016 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Hidden Wealth of the Silent Generation
Replies: 9
Views: 1296

Re: Hidden Wealth of the Silent Generation

Don't believe everything you hear or read, sonny!
Seeing is believing, all else is cheap talk.
by Grt2bOutdoors
Tue Aug 23, 2016 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for Children
Replies: 32
Views: 2349

Re: Planning for Children

Get your sleep, Now! and R-e-l-a-x!!
by Grt2bOutdoors
Sun Aug 21, 2016 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for Term [determining term insurance needs]
Replies: 10
Views: 754

Re: Tips for Term [determining term insurance needs]

what did you mean by this sentence? "Are you aware of Social Security benefits for children approx. through h.s. and for caretaker parent until child is 16?" Those who pay into Social Security and have at least 40 quarters or ten years of payments are entitled to certain insurance benefit...
by Grt2bOutdoors
Sun Aug 21, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for Term [determining term insurance needs]
Replies: 10
Views: 754

Re: Tips for Term [determining term insurance needs]

I have checked Term4sale.com The difference in savings by stacking a 1M 10 year plan, plus a 500k 15 year plan + 500k 20 year plan when compared to a 10 yr 1m plan + 20 yr 2m plan is $10,000 total vs $11,000 total. $1000 cheaper over the long haul. A 2M plan for 20 years runs $15,500. How stable is...
by Grt2bOutdoors
Sun Aug 21, 2016 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 85
Views: 6169

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

We aren't in the business of dredging up past posts, however by your own admission you indicated you were not aware of the risks before you invested with that money manager. My point is, you learned in that incident that while others can and do profit, you can lose too. Now, you need to apply that l...
by Grt2bOutdoors
Sat Aug 20, 2016 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 85
Views: 6169

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

A little over a year ago, you joined the forum and in your very first post wrote this: "Not much left from a $30k investment with a friend of a friend who on the side considers himself a money manager and has done well for some other people I know. Not so the case with my investment. I was youn...
by Grt2bOutdoors
Sat Aug 20, 2016 6:29 pm
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 51
Views: 3270

Re: Instant oatmeal vs "regular" oatmeal

I need to get back on the oats for breakfast. I used to eat the brown sugar cinnamon instant oats, but I can't stand the texture anymore. I tried tweaking how much water was added, but never found a consistency I liked anymore. They are more glue like than I remember. Maybe instant is my problem no...
by Grt2bOutdoors
Thu Aug 18, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is 4 more years of work worth? (Retirement Question)
Replies: 38
Views: 3508

Re: What is 4 more years of work worth? (Retirement Question)

Tell your friend to leave at the end of the year. Life is short. This is not a question of not being to afford it, this is plain and simple a case of greed. Leaving money on the table? Let me couch it another way......how does your friend feel about leaving 10 or 20 percent of his remaining life on ...
by Grt2bOutdoors
Thu Aug 18, 2016 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?
Replies: 47
Views: 3891

Re: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?

That is not aggressive, an aggressive portfolio is one which is undiversified, concentrated on a single idea or concept. That is the proverbial home run swing, or not. Everything else is playing conservative, willing to take 4 balls instead of a heater right down the pike. Just you and what is comin...
by Grt2bOutdoors
Wed Aug 17, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting whole estate in life
Replies: 77
Views: 4035

Re: Gifting whole estate in life

What if you die before your father, your wife remarries, and she and her new husband have different ideas for the money? +1 If the estate is considered to be a "family trust," have Jack set up a trust that accomplishes his / the family's wishes. There are just too many unknowable unknowns...
by Grt2bOutdoors
Tue Aug 16, 2016 4:49 pm
Forum: Personal Consumer Issues
Topic: Long wait on Vanguard Phone Lines-What's going on?
Replies: 52
Views: 4956

Re: Long wait on Vanguard Phone Lines-What's going on?

People are permitted to go on vacation!
Besides, I prefer an American representative answering the phone, don't you?
by Grt2bOutdoors
Mon Aug 15, 2016 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Putting Your Emergency Fund In I Bonds?
Replies: 28
Views: 3606

Re: Putting Your Emergency Fund In I Bonds?

Fixed rate is 0.1% now with a variable portion currently st 0.16% totaling 0.26%. I bought $5k worth in April and got 1.64% combined rate. If the CPI is rising, then inflation is on the rise, correct? Is it reasonable to believe that the November rate will likely be higher? I would not count on a r...
by Grt2bOutdoors
Mon Aug 15, 2016 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 260
Views: 28126

Re: Self-made Millionaires: how did hitting 7 figures change you?

No real change, still work, clip coupons, buy on sale, give to charity, give to others. The biggest change was taking a big (well, big to us) vacation with family even though we had experienced a job loss. That was something I would have never contemplated doing in the past...... shocked myself. The...
by Grt2bOutdoors
Mon Aug 15, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Putting Your Emergency Fund In I Bonds?
Replies: 28
Views: 3606

Re: Putting Your Emergency Fund In I Bonds?

Guys, if I want to invest in I Bonds, should I buy them now or should I wait until Nov 1, 2016 before buying them? I plan to buy the maximum $10000 per year since I have some surplus cash. (Don't wish to buy paper I Bonds). Buy when you have the cash in hand, but if you prefer, buy $5K now and $5K ...
by Grt2bOutdoors
Mon Aug 15, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Any lawyers out there. Bike hits car, minor and parents have no insurance
Replies: 91
Views: 6449

Re: Any lawyers out there. Bike hits car, minor and parents have no insurance

Eat it and move on. You will not be able to collect even if you do win in small claims court. So what?, she wore new clothing, if it were your kid, would you prefer they wear "rags" instead? Come on, you've got to be kidding - never judge a book by its cover, how appropriate for this situa...
by Grt2bOutdoors
Mon Aug 15, 2016 6:37 am
Forum: Investing - Help with Personal Investments
Topic: ST annuity to cover SS @ 70?
Replies: 23
Views: 959

Re: ST annuity to cover SS @ 70?

What is difference between annuity payout and you spending down taxable account for 5 years before reaching age 70?
by Grt2bOutdoors
Sun Aug 14, 2016 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 4899

Re: You have $10 Million and 10 years to live. What would you do?

Work from home. Spend more time with family. Exercise more. Hire a landscaper to mow my lawn. :) You could get exercise by mowing your lawn. It's like trying to park close to the gym entrance only to run 3 miles on the treadmill! Mowing lawn does not come close to lifting heavy weight or running 3 ...
by Grt2bOutdoors
Sun Aug 14, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is Warren Buffet Right About The S&P 500?
Replies: 34
Views: 5745

Re: Is Warren Buffet Right About The S&P 500?

The average investor could do much worse than picking the S&P 500 and calling it a day. Imagine the average investor places all their money on a sector fund instead - that could be catastrophic to their net worth. I think of folks I am acquainted with who sunk their entire retirement fund into t...
by Grt2bOutdoors
Sun Aug 14, 2016 8:44 pm
Forum: Personal Consumer Issues
Topic: Sealing Asphalt Driveway
Replies: 30
Views: 1650

Re: Sealing Asphalt Driveway

With the intervals between sealings discussed, I'm wondering if the contractors who put in our driveway just did a really good job with the foundation. After 11 years, while not looking like new, there are no cracks or checking and such. But I'm guessing if I asked, I'd be advised to seal it, stat....
by Grt2bOutdoors
Sun Aug 14, 2016 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Change needed and baby on the way
Replies: 9
Views: 956

Re: Change needed and baby on the way

Welcome to the forum! I agree with BolderBoy, someone did a real number on your wife's plan - I counted 23 funds, 23! :oops: Well, we're going to fix that for you. Since her plan doesn't offer total market index funds, we will have to create the total market for you using the components provided. Lu...
by Grt2bOutdoors
Sun Aug 14, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 4899

Re: You have $10 Million and 10 years to live. What would you do?

Work from home.
Spend more time with family.
Exercise more.
Hire a landscaper to mow my lawn. :)
by Grt2bOutdoors
Sun Aug 14, 2016 12:27 pm
Forum: Personal Consumer Issues
Topic: Sealing Asphalt Driveway
Replies: 30
Views: 1650

Re: Sealing Asphalt Driveway

In the south it might not make a big difference, but in the north an un-sealed asphalt driveway wears out fast due to the ice and cold. How does ice and cold wear out a driveway? Water or moisture seeps into the seams of the driveway, then frost freezes it, thereby expanding the surface of the seam...
by Grt2bOutdoors
Sun Aug 14, 2016 12:21 pm
Forum: Personal Consumer Issues
Topic: Sealing Asphalt Driveway
Replies: 30
Views: 1650

Re: Sealing Asphalt Driveway

I have a powerwasher and understand how to do that, including the seams. I understand finding and buying the most expensive quality sealant I can find What is the process of brushing on? Is there a special long broom-like apparatus and something like a paint tray that I pour the sealant in? Is it t...
by Grt2bOutdoors
Sun Aug 14, 2016 12:09 pm
Forum: Personal Consumer Issues
Topic: Sealing Asphalt Driveway
Replies: 30
Views: 1650

Re: Sealing Asphalt Driveway

In the south it might not make a big difference, but in the north an un-sealed asphalt driveway wears out fast due to the ice and cold. I live in the Northeast, and concur, after two or three years, newly paved roads will undoubtedly have cracks and fissures form due to the freeze and thawing, foll...
by Grt2bOutdoors
Sun Aug 14, 2016 11:18 am
Forum: Investing - Help with Personal Investments
Topic: College savings in taxable account
Replies: 7
Views: 786

Re: College savings in taxable account

Open a second brokerage account, title it - your wife first, you second, JTWROS - assuming the first fund is already titled you first, wife second. Alternatively, buy S&P 500 and extended market index to mimic total stock market. You might have a little bit of a problem with trying to mimic tota...
by Grt2bOutdoors
Sat Aug 13, 2016 3:54 pm
Forum: Personal Consumer Issues
Topic: Sealing Asphalt Driveway
Replies: 30
Views: 1650

Re: Sealing Asphalt Driveway

Miriam2 wrote:No one knows asphalt better than Sheepdog. If you're lucky, he'll be along soon :D


viewtopic.php?t=78574

^^^Read my mind, here's the link to Sheepdog's response on that thread. :D
by Grt2bOutdoors
Sat Aug 13, 2016 4:03 am
Forum: Investing - Help with Personal Investments
Topic: Help my parents
Replies: 14
Views: 1669

Re: Help my parents

Likely those inherited individual equities have low to extremely low cost basis, May not want to liquidate if you get pushed into another tax bracket.
by Grt2bOutdoors
Fri Aug 12, 2016 8:18 pm
Forum: Personal Consumer Issues
Topic: How Much Cash for Wedding Gift?
Replies: 23
Views: 1079

Re: How Much Cash for Wedding Gift?

OP here. Thanks for the great responses so far. I know there is always subjectivity but that's what makes it tricky. I've given amounts in the past where the couple seemed surprised, almost embarassed, at how high the amount was. Another time the invitation said "no gifts please" and so I...
by Grt2bOutdoors
Fri Aug 12, 2016 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Debt at Sacrifice of Leisure?
Replies: 77
Views: 4908

Re: Payoff Debt at Sacrifice of Leisure?

We've been where you are, and done what you've done. In the short term, it works quite well. In the long run, it does not. Things you're not thinking of: - Even though you're "maxing out" your retirement account, she is not. Your contributions are being made with jointly-owned income. So ...
by Grt2bOutdoors
Thu Aug 11, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Additional 10k - Roth, 529 or Mortgage
Replies: 9
Views: 651

Re: Additional 10k - Roth, 529 or Mortgage

Roth - you'll never get that space back again, unless you practice Roth conversions at later age and you'll miss out on tax-free compounding.
by Grt2bOutdoors
Thu Aug 11, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: Wiki - Bogleheads investing startup kit revised
Replies: 11
Views: 767

Re: Wiki - Bogleheads investing startup kit revised

What do I think? Great job!!!! :sharebeer

I will refer more posters to that section. :)
by Grt2bOutdoors
Thu Aug 11, 2016 8:30 am
Forum: Personal Consumer Issues
Topic: Converting from Oil heat to Gas or Electric
Replies: 46
Views: 2180

Re: Converting from Oil heat to Gas or Electric

NJDailey wrote:So PECO said they can hook is up with Natural Gas at no charge :happy ; we just need to purchase new furnace and hot water heater I assume.
Now I just need to figure out how to get rid of Oil tank :|


http://jjenv.com/pa-oil-tank-removal-philadelphia/

Start calling around, google is your friend.
by Grt2bOutdoors
Thu Aug 11, 2016 8:25 am
Forum: Personal Finance (Not Investing)
Topic: True state of retirees and course of action
Replies: 29
Views: 3344

Re: True state of retirees and course of action

Of course retirees run the spectrum of very wealthy to very poor. I for one am 66, retired for 5 years and am doing well. I've saved along the way and watched my expenses. At the end of the day it's what makes you happy.... sometimes life isn't about money . Congraulations, you made it, but not eve...
by Grt2bOutdoors
Thu Aug 11, 2016 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Just Divide your age by 20 to get your WR.
Replies: 21
Views: 4326

Re: Just Divide your age by 20 to get your WR.

Following formulas that haven't been "tried under fire" can be detrimental to one's net worth and standard of living. Imagine seeing your portfolio shrivel in value, returns are nowhere to be found and now there isn't enough in assets to fund the remainder of your life. I think the variabl...
by Grt2bOutdoors
Thu Aug 11, 2016 7:21 am
Forum: Personal Finance (Not Investing)
Topic: True state of retirees and course of action
Replies: 29
Views: 3344

Re: True state of retirees and course of action

" I am 47 with around 1.7 MM saved, single earner around 100K , two kids yet to go to college." I would suggest sitting down with a well-regarded certified financial planner. Put a long-term plan in place including a comprehensive budget. Speaking as a father who put three kids through co...
by Grt2bOutdoors
Wed Aug 10, 2016 3:27 pm
Forum: Investing - Theory, News & General
Topic: College bubble - any good articles or books on this?
Replies: 57
Views: 4394

Re: College bubble - any good articles or books on this?

Yes, welcome to college! :oops: These kids and I say kids, because that is what they are, need to have a firm understanding of what borrowing will cost them for the next 120-180 months of their lives when they graduate college. It should be the job of the high schools and parents to ensure they &qu...

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