Search found 15359 matches

by Grt2bOutdoors
Wed Mar 29, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: About Wellington - VWENX
Replies: 7
Views: 667

Re: About Wellington - VWENX

Yes, while I don't have 7 figures in it yet, I have confidence it will perform as well as it's benchmark if not better.
by Grt2bOutdoors
Wed Mar 29, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: When do you plan to die?
Replies: 59
Views: 2220

Re: When do you plan to die?

When time is up and not a second before.
by Grt2bOutdoors
Wed Mar 29, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: Home Energy Audit recommended actions: 28.4 year payback period??
Replies: 25
Views: 1581

Re: Home Energy Audit recommended actions: 28.4 year payback period??

We had this done a long time ago, so I don't recall the numbers, but I do remember that our heating bill dropped significantly when we had a ton of insulation added to our unfinished attic. The other project we did a few years later that also saved a lot of money was to convert from oil to natural ...
by Grt2bOutdoors
Wed Mar 29, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Need a Vine for a Masonry Wall
Replies: 7
Views: 276

Re: Need a Vine for a Masonry Wall

Do not use ivy - invasive is putting it mildly. I had it, took me years to get rid of it, thought I had, now I'm seeing some of it crop up in other places. :annoyed
by Grt2bOutdoors
Wed Mar 29, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: anyone factor in future inheritance?
Replies: 44
Views: 1719

Re: anyone factor in future inheritance?

Chan_va wrote:I do. I also factor in the Powerball lottery I will win in 2026.


Why wait till then? The Powerball is tonight.
by Grt2bOutdoors
Wed Mar 29, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: anyone factor in future inheritance?
Replies: 44
Views: 1719

Re: anyone factor in future inheritance?

No. I plan on saving for my own retirement. Future inheritance? Never crossed my mind.
by Grt2bOutdoors
Wed Mar 29, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 84
Views: 4159

Re: Not opting for 529... anyone else?

Student aid does not simply mean loans- this is especially true at the most expensive private schools. Especially at the top end of school prestige (and where endowments are large), there are often very generous discounts for middle class students from the stated sticker price. My neighbor's kid wa...
by Grt2bOutdoors
Wed Mar 29, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 84
Views: 4159

Re: Not opting for 529... anyone else?

It's worth noting that if your child gets a scholarship, there is a provision that allows you to distribute without penalty. All in, the 529 makes sense if the following are true for you: 1) You have already maxed out your other tax-advantaged space 2) You are able to contribute while your child is...
by Grt2bOutdoors
Wed Mar 29, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 84
Views: 4159

Re: Not opting for 529... anyone else?

I just took over our family's finances and am opening a 529 through nycares.com . It has Vanguard funds and in nys you get a nys tax deduction on 10k. I think it is important because I want my dc to have a great start with minimal debt. I came out of my college and medical education hundreds of tho...
by Grt2bOutdoors
Tue Mar 28, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4212

Re: Daughter maxed out credit cards, needs help from me

If she has a job that does not pay a decent wage, gift her some money ($28k or less) each year. Some women are lucky enough to get by with that extra family support, rather than suffer all their lives and get a lump sum at the end. Parents should support their adult daughters with an annual stipend...
by Grt2bOutdoors
Tue Mar 28, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4212

Re: Daughter maxed out credit cards, needs help from me

It's obvious - daughter is trying to play in the same sandbox of boyfriend, the one being financed by his parents economic outpatient care. Call me old fashioned but if you're the boyfriend you should be paying for dates and be "in tune" with what is going on. Perhaps boyfriend is okay wit...
by Grt2bOutdoors
Tue Mar 28, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Sound Strategy?
Replies: 15
Views: 950

Re: Sound Strategy?

You already hold VTSAX in taxable worth $10K. Next, I'd open that Total International account with additional monies, after you get to your allocation goal for international, I'd open a fixed income account. Buy low. The last five years of returns for VTSAX have been decent to stellar, not so much f...
by Grt2bOutdoors
Mon Mar 27, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 5858

Re: Weathering sell-off days like today

Selloff? There was a sell-off? Why didn't anyone tell me? :P
by Grt2bOutdoors
Mon Mar 27, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Red light camera Fort Worth
Replies: 50
Views: 2671

Re: Red light camera Fort Worth

Does the law firm in question provide you with the Texas statute that you are accused of violating? Does the Texas collection agency inform you of your rights? Two ways to handle this - write back, certified mail indicate you owe zero and request additional proof indicating you were the driver. See ...
by Grt2bOutdoors
Sun Mar 26, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 6213

Re: Massive Student Loan Debt - Girlfriend

Which is better? GF who owns a house that has $175k in mortgage debt, the house is worth $25k in a recourse state, and it's 2008 all over again, massive foreclosures abound and you can't find a buyer anywhere. Or, GF has $175k in student loan debt, is employed and has a ton of Human Capital to offse...
by Grt2bOutdoors
Sat Mar 25, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Can a cell phone get hacked?
Replies: 20
Views: 1733

Can a cell phone get hacked?

Can a cell phone get hacked? I ask because I received a text message from a known sender but the sender has zero record of ever sending it and the message itself was quite odd in context of previous text conversations and there was a substantial time difference between the legit messaging and the la...
by Grt2bOutdoors
Sat Mar 25, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for NYS Deferred Compensation Plan
Replies: 7
Views: 377

Re: Advice for NYS Deferred Compensation Plan

I've just moved about 1 mil into NYS Deferred Comp Plan - IRA Funds. I'm seeking suggestions for allocating the monies across a few of the funds - in about 60/40 mix. Any thoughts? It helps if you provide us with a list of the funds available in your plan and associated expense ratios. Please spell...
by Grt2bOutdoors
Sat Mar 25, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 36
Views: 3664

Re: 100% stocks w/pension?

The Social Security offset is for the latest tier of hires post-2009. Luckily, I'm the previous tier. http://www.nyc.gov/html/nycppf/downloads/pdf/CAFR%202016.pdf I think I need to read through this, I found the financials around page 88. It looks like for 2016 the fund is worth $35.3 billion... So...
by Grt2bOutdoors
Sat Mar 25, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Advisor suggested this - Good idea?
Replies: 41
Views: 2469

Re: Advisor suggested this - Good idea?

Looks like the Advisor is good, he did also mention CDs ladders I asked him what if I take some little risk? then he said, worse case I can loose 50% of 15% of Stock Portfolio ie 5K possible loss on 75K in AA: 15:85 and I'm ok with that 5K loss and maybe like you said, I can perhaps make up that st...
by Grt2bOutdoors
Sat Mar 25, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Advisor suggested this - Good idea?
Replies: 41
Views: 2469

Re: Advisor suggested this - Good idea?

oldcomputerguy wrote:
confusedinvestor wrote:What is short term corporate ?

aristotelian wrote:I Maybe short term corporate.


He probably means short-term corporate bonds (or bond funds). Not as safe as Treasuries, but probably pay a bit better.


They pay better because the risk of loss is higher.
by Grt2bOutdoors
Sat Mar 25, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Advisor suggested this - Good idea?
Replies: 41
Views: 2469

Re: Advisor suggested this - Good idea?

Close, but no cigar in my opinion. Monies needed in less than 5 years do not belong in the stock market. + 1 for liquidating all current holdings. Take the proceeds and place it in a high yield savings account or cd that matures when you need the monies. While earning 1% doesn't sound high, losing $...
by Grt2bOutdoors
Sat Mar 25, 2017 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Fees
Replies: 13
Views: 908

Re: Utah 529 Fees

The extra fee was higher in the past so the trend is good. But it does annoy me a bit that my kids accounts have ER's in the 20 basis point range and the rest of my portfolio averages 6 basis points. I am hoping they can get the surcharge down to 10 or so at some point. I will gladly pay 20 bps in ...
by Grt2bOutdoors
Fri Mar 24, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 36
Views: 3664

Re: 100% stocks w/pension?

Have fun in North Carolina - very popular with NYC exiles. :P
by Grt2bOutdoors
Fri Mar 24, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: 401k/457 Help
Replies: 8
Views: 392

Re: 401k/457 Help

You don't see dividends because the investment vehicles are not mutual funds, they are collective investment trusts. Essentially, they are run that way to keep investment expenses to an absolute minimum. If you see dividends in your account, you will likely pay much higher expenses. The information ...
by Grt2bOutdoors
Fri Mar 24, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Car Dealer Forgot to Charge Sales Tax - Ouch
Replies: 39
Views: 3461

Re: Car Dealer Forgot to Charge Sales Tax - Ouch

I had opposite happen, dealer told me one price, then calls me back next day to say they miscalculated the sales tax amount, it was even less then the amount I was told! :moneybag
by Grt2bOutdoors
Thu Mar 23, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: Help Overcoming a Lead Paint Phobia
Replies: 32
Views: 1979

Re: Help Overcoming a Lead Paint Phobia

I own an older home, I grew up in an older home. Short of installing completely new walls, it's likely some layer of paint may have a lead component. That said, the paint-over of the premises and sealing over loose paint chips and landlords disclosures, and your inspection ought to suffice. I would ...
by Grt2bOutdoors
Thu Mar 23, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: I open an out-of-state 529 plan. Was I stupid?
Replies: 12
Views: 626

Re: I open an out-of-state 529 plan. Was I stupid?

This previous thread might be of interest to you, especially concerning tax deduction for rollover from out of state plan to the NY plan as well as clawback of tax deduction if you transfer out of the NY plan. https://www.bogleheads.org/forum/viewtopic.php?t=206613 Thanks Nate. That was very helpfu...
by Grt2bOutdoors
Wed Mar 22, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Maxed out 401ks and Roth IRA. Now what?
Replies: 25
Views: 1599

Re: Maxed out 401ks and Roth IRA. Now what?

I can't speak to the financial side, but paying off our mortgage early gave us immense serenity and more financial freedom (we can now invest and save more aggressively with the debt-free margin of safety.) I'd have to ask why the $150K sitting in cash is worth enough to offset the free trades you ...
by Grt2bOutdoors
Wed Mar 22, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: child support question
Replies: 38
Views: 1333

Re: child support question

You can get some idea of whether he can pay more from his lifestyle. Does he live in a nice home in a nice neighborhood or a hovel in a slum? Does he drive nice cars or beaters? His wife is a stay at home mom, they drive 2 cars, one decent SUV, one old car. They are definitely not rich and struggli...
by Grt2bOutdoors
Wed Mar 22, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: child support question
Replies: 38
Views: 1333

Re: child support question

Does your ex live close by or relatively close by? How are his kids dressed? Does his wife work? Does he live in a safe neighborhood? Is he gainfully employed? He's been paying $400 a month, for 10 years? My understanding through relatives who've been through this is the payer can have up to 50% of ...
by Grt2bOutdoors
Wed Mar 22, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Pension
Replies: 11
Views: 936

Re: Pension

... I had believed that when you become vested, that you were entitled to do what you wish with the funds regardless of employment with the company? No. "Vesting" has nothing to do with how/where the money is invested. It means that when you are 100% vested (however that is defined at you...
by Grt2bOutdoors
Wed Mar 22, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Pay off debt or invest?
Replies: 6
Views: 528

Re: Pay off debt or invest?

Not enough information to provide an answer.

Please re-edit your post in the format shown in my signature link ---> Asking Portfolio Questions.
Indicate how much debt you have and the percentage rate you are paying on the debt and when is the maturity date of that debt.
by Grt2bOutdoors
Wed Mar 22, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: How did graduating out of daycare impact your finances?
Replies: 77
Views: 5665

Re: How did graduating out of daycare impact your finances?

The other posts already have it. Free public school? Hardly - my high property taxes pay for that "free public school". A bit cheaper than private school, yes, but not that far off from it. The free public school also has a constant stream of asking for supplies, snacks to share, book ord...
by Grt2bOutdoors
Wed Mar 22, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: Car Vandalism During Cross-Country Drive
Replies: 41
Views: 3280

Re: Car Vandalism During Cross-Country Drive

Just be aware that LEO with drug-sniffing dog(s) will probably stop your car within 50 miles of leaving Colorado. Actually, the dog may be trained to score a hit, just so your car can be searched. Hand then all your single dollar bills, make life easier for them. Chances are their is some level of ...
by Grt2bOutdoors
Tue Mar 21, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6436

Re: Recommended emergency fund for middle class households: $13,800

Thrifty Femme wrote:For those of you with multiple years of emergency funds, are you anywhere near or in retirement?


All depends on stability of employment. Discrimination is alive and well.
by Grt2bOutdoors
Tue Mar 21, 2017 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6436

Re: Recommended emergency fund for middle class households: $13,800

36+ months of expenses +1 +1 -1 I have 0 dollars of money in an emergency fund. If I get some expenses, I will sell a bunch of my investments. I see no need to give some percentage of my stocks/bonds a special name. Personally I couldn't sleep well at night knowing I had 36 months of money wasting ...
by Grt2bOutdoors
Tue Mar 21, 2017 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Advice for a late in life investor
Replies: 2
Views: 381

Re: Advice for a late in life investor

If you can re-edit your post in the format shown in my signature link, --》Asking Portfolio Questions you'll be sure to get responses. Welcome to the forum! It took a lot of courage to put that up there. Don't buy life insurance unless you have a need to support someone other than yourself. Whole lif...
by Grt2bOutdoors
Mon Mar 20, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Partial mortgage payoff, consolidation
Replies: 8
Views: 559

Re: Partial mortgage payoff, consolidation

Thank you for your replies. Have a 30% equity in the house. House will sell for buying price + some, it is a pretty hot market now, but I am aware things could change in the next year. But don't anticipate paying more than what is owed. We may split the cash reserve to partially payoff the mortgage...
by Grt2bOutdoors
Mon Mar 20, 2017 6:32 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead, Kids's College, & Emergency Fund Transfer
Replies: 25
Views: 1093

Re: New Boglehead, Kids's College, & Emergency Fund Transfer

It all depends on the current needs of family. IMO, I would rank current needs of family agaisnt future tax liability and career. OP, hasn't really stated what future career may look like.
by Grt2bOutdoors
Sun Mar 19, 2017 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead, Kids's College, & Emergency Fund Transfer
Replies: 25
Views: 1093

Re: New Boglehead, Kids's College, & Emergency Fund Transfer

I agree with Aristotelian, max out your/your wife's Roth IRAs first. You're currently most likely comfortably in the 15% bracket (married, $18,651 - $75,900) which is definitely on the lower end of taxes when considering IRAs and often where people most recommend utilizing the Roth . The old adage ...
by Grt2bOutdoors
Sun Mar 19, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead, Kids's College, & Emergency Fund Transfer
Replies: 25
Views: 1093

Re: New Boglehead, Kids's College, & Emergency Fund Transfer

Given your income, I would not bother saving for children's college right now. Your idea to fund both Roth IRAs is a good one, but with your income, you should not be paying any income taxes I would think. Indeed, you all can probably contribute to traditional IRAs to reduce taxable income even mor...
by Grt2bOutdoors
Sun Mar 19, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help: I think I can do better
Replies: 5
Views: 364

Re: Portfolio Help: I think I can do better

How much is Wealthfront costing you to set up that elaborate portfolio? The site says 0.25%. How would you like to do it all for less than 0.20% including the fund fees? and you don't need to hold 7 different funds to do it. You can do it with 3 funds - Total Stock Market, Total International and To...
by Grt2bOutdoors
Sun Mar 19, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6565

Re: It's worth remembering that bull markets don't last forever

It seems to me that everyone regrets not holding more stocks when they were younger. I plan on using that thinking and staying in all stocks for awhile (mid thirties right now). How much AA did you settle on? I am in mid thirties too and thinking if 70/30 is too conservative. If 70/30 lets you slee...
by Grt2bOutdoors
Sun Mar 19, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6565

Re: It's worth remembering that bull markets don't last forever

An asset allocation should be set based on willingness and need to take risk. ^should be set based on ability , willingness and need. If you lack the ability to take risk because your human capital has been exhausted and your ability to replace lost financial capital is not possible, then you shoul...
by Grt2bOutdoors
Sun Mar 19, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6565

Re: It's worth remembering that bull markets don't last forever

I have to imagine it would take [guts --admin LadyGeek] to stick with a 40% stock allocation when the market turns down 40, 50, 60 or more percent. [OT comment removed by admin LadyGeek] Are you kidding? I rode through the last two 50% market crashes with 100% stock. Just kept buying as much as I c...
by Grt2bOutdoors
Sun Mar 19, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1109

Re: Personal finance planning

You buy that house in NJ, given your income, you will pay AMT. You likely did not include that in your calculations. Wait, it gets better, you have kids, and now they will not only increase your AMT liability (did you know that AMT thinks you are having kids for a tax shelter exemption? :oops: ) but...
by Grt2bOutdoors
Sun Mar 19, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Personal finance planning
Replies: 13
Views: 1109

Re: Personal finance planning

Use firecalc, or i-orp, planners, then re-run your calculations. Is it $150k in today's dollars or tomorrow's? Big difference. I think you will need to save more to get there and it's too early to tell right now.
by Grt2bOutdoors
Sun Mar 19, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: First Home and Another Investment Property
Replies: 11
Views: 541

Re: First Home and Another Investment Property

You can have something, you just can't have everything. Biggest problem: you don't know enough about being a landlord and associated issues that come along with it. Losses, will be both intentional and not so intentional. It's the latter that should scare you the most. They are as real as it gets in...

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