Search found 13686 matches

by Grt2bOutdoors
Sat Apr 30, 2016 11:17 pm
Forum: Personal Consumer Issues
Topic: Visiting Napa Valley, CA
Replies: 18
Views: 1247

Re: Visiting Napa Valley, CA

+2 on the Madeira from V. Sattui, I have a bottle - keeps a long time, quite tasty.
Picnic area is good too.



If you are in Sonoma - another vote for Sebastiani. I liked their Cabs.
by Grt2bOutdoors
Sat Apr 30, 2016 10:33 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 79
Views: 3118

Re: So, are Bogleheads Bourbon or Scotch drinkers?

You guys are making me thirsty. :D
by Grt2bOutdoors
Sat Apr 30, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Jitters [About financial news]
Replies: 3
Views: 485

Re: Jitters

Gaff74 wrote:How do you deal with the anxiety that accompanies big financial moves?


You need to be more specific, what is the financial move and in what context as it relates to your own personal financial situation?
by Grt2bOutdoors
Fri Apr 29, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: denied Schwab overdraft credit line and trying to understand why
Replies: 14
Views: 1044

Re: denied Schwab overdraft credit line and trying to understand why

I would deny you too. You essentially have no collateral (no assets in brokerage account), you have no savings account (there's that pesky collateral, again :wink: ), you already have $50K in total unsecured revolving credit and here you are again, coming to the well to get more credit? Score means...
by Grt2bOutdoors
Fri Apr 29, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: denied Schwab overdraft credit line and trying to understand why
Replies: 14
Views: 1044

Re: denied Schwab overdraft credit line and trying to understand why

I would deny you too. You essentially have no collateral (no assets in brokerage account), you have no savings account (there's that pesky collateral, again :wink: ), you already have $50K in total unsecured revolving credit and here you are again, coming to the well to get more credit? Score means ...
by Grt2bOutdoors
Thu Apr 28, 2016 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help getting out of a tiaa traditional
Replies: 22
Views: 800

Re: Help getting out of a tiaa traditional

I started putting $$ into various TIAA and CREF funds in 1973 and am retired now. TIAA Traditional has been around longer than I have and has a sterling reputation. Many people like it for the bond portion of a portfolio. Possibly do some research before pulling the trigger... You can thank Andrew ...
by Grt2bOutdoors
Thu Apr 28, 2016 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help getting out of a tiaa traditional
Replies: 22
Views: 800

Re: Help getting out of a tiaa traditional

I count TIAA Traditional as a bond, and it forms about 25% of my bond allocation. I’d add to it if I could, but I can’t, because I’m retired. And I wish I didn’t have to start taking required minimum distributions from it, beginning next year. It has a very good and very dependable yield, and with ...
by Grt2bOutdoors
Thu Apr 28, 2016 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise me.
Replies: 6
Views: 602

Re: Please advise me.

Welcome to the forum! 8% ROR before inflation - so something like the 12% returns Dave Ramsey has been espousing all these years, right? I'd like that too as would the other 49,999 members of the forum, it's highly likely that is not going to happen for quite some time. The recent talk from all the ...
by Grt2bOutdoors
Thu Apr 28, 2016 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4442

Re: Saving Too Much in Retirement Accounts?

There are many roads to Dublin. The point is there are many ways to obtain wealth, lots of money has been made and lost investing in securities markets, real estate, sole proprietorships, gambling (well mostly lost there :twisted: ). Your friend is merely traveling a different road than you, does no...
by Grt2bOutdoors
Thu Apr 28, 2016 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4007

Re: Young Male Living with Parents

Haha, no. They are white and were born in the US. anonsdca- Honestly, not something I talk about much but my Mom has leukemia. I cherish this time with my Mom because I don't know how much longer I will have with her. Eventually, I would love to contribute financially to medical research to find cu...
by Grt2bOutdoors
Thu Apr 28, 2016 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4007

Re: Young Male Living with Parents

TheBestorNothing, Keep your radio tuned to WGAS (Who gives a s---). You are doing fine and don't worry what others think. Many of the readers and posters here are probably very envious of you and your position right now. Things probably will change and you are well ahead of many others. Congratulat...
by Grt2bOutdoors
Thu Apr 28, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4007

Re: Young Male Living with Parents

OP - Stay the course. You are on track for financial independence . You are the Ant, your friends are the grasshoppers - guess who comes out ahead?
by Grt2bOutdoors
Wed Apr 27, 2016 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Is changing career paths to make less money ever a smart move?
Replies: 26
Views: 2078

Re: Is changing career paths to make less money ever a smart move?

Taking a 60% pay cut is nuts...especially at that age. I would aggressively save the next couple years. Worst case if you are unemployed you will have several years of expenses in savings to see you through it. Here's another thought, the current job is a windfall, 3-5 years worth, after which you ...
by Grt2bOutdoors
Wed Apr 27, 2016 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is changing career paths to make less money ever a smart move?
Replies: 26
Views: 2078

Re: Is changing career paths to make less money ever a smart move?

I would stay, throw as much as you can into retirement funds. If you have a half million in your early-to-mid 40s, you will have secured your retirement. Thats good to know. Wife and I are only 33/32 and we have over that amount in retirement. Guess we're set. Don't count your chickens just yet, th...
by Grt2bOutdoors
Wed Apr 27, 2016 7:37 pm
Forum: Investing - Theory, News & General
Topic: Is Coffeehouse Portfolio Not Preferred by BHs?
Replies: 54
Views: 5221

Re: Is Coffeehouse Portfolio Not Preferred by BHs?

I like pecan pie, but in moderation, too rich.
by Grt2bOutdoors
Wed Apr 27, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Are females just not interested in investing in general or is it just the women that I date?
Replies: 89
Views: 8500

Re: Are females just not interested in investing in general or is it just the women that I date?

OP - you need to chill out. You may take something that has the makings of being good, and doing some real damage. You can be frugal and accomplish your goals while enjoying each other or you can be cheap, miserable and alone. If money issues lead to divorce, number two on the list is the partner's ...
by Grt2bOutdoors
Wed Apr 27, 2016 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: College Savings approach/plan - pls critique & advise
Replies: 4
Views: 398

Re: College Savings approach/plan - pls critique & advise

Use Vanguard college planner, input name of flagship state school, child age and if child will be staying on campus. Open 529 plan using age based asset allocation and find with enough to pay for 3 years, your kid could get merit aid. Use a 3 fund taxable account to save difference of private school...
by Grt2bOutdoors
Wed Apr 27, 2016 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Feedback on plan to balance my portfolio
Replies: 14
Views: 946

Re: Feedback on plan to balance my portfolio

Welcome to the forum! Just wanted to say - you are doing a great job of saving and investing! :beer Don't worry about the sales load Ameriprise charged you - consider it a "sunk" cost, the price of learning. Many of us here on the forum have paid similar type of "charges" - annui...
by Grt2bOutdoors
Tue Apr 26, 2016 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: What to tell your child about Bill for tax preparation
Replies: 52
Views: 4509

Re: What to tell your child about Bill for tax preparation

TurboTax handles all of his stuff very nicely, and at a much, much lower price. There is no price at which I would find H&R Block a good option. I've seen too many of my clients with bungled tax returns from those kinds of storefronts -- failure to claim college tax credits for qualified famili...
by Grt2bOutdoors
Tue Apr 26, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 104
Views: 10253

Re: I Hate My Job: Politics at Work (Advice Needed)

Do you openly disclose your frustrations either verbally or with facial movements? What I'm getting at is it's quite likely your other team members know they are "getting your goat" and you may be subtly encouraging more of this behavior. Do you exercise? Recommend you workout your frustra...
by Grt2bOutdoors
Mon Apr 25, 2016 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Plan - fund selection
Replies: 5
Views: 455

Re: Utah 529 Plan - fund selection

Realize, the plan you selected is 100% equities for the first 6 years (70% domestic equity/30% international) before it starts allocating 20% to fixed income at age 7-9. You must be comfortable with the risk - it will be a volatile ride, if you are unable to stay the course, you may not be pleased w...
by Grt2bOutdoors
Mon Apr 25, 2016 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Sell ibonds? Or hold?
Replies: 15
Views: 1542

Re: Sell ibonds? Or hold?

A few years ago I bought 5k in ibonds thinking it was a good move for when I have kids and they are ready for college. I later learned about the AGI limit for cashing ibonds for educational purposes. I make over the AGI and intend to keep it that way for some time -- I'm 34 now. Does it still make ...
by Grt2bOutdoors
Mon Apr 25, 2016 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Sell ibonds? Or hold?
Replies: 15
Views: 1542

Re: Sell ibonds? Or hold?

I have current I-bonds at 1.64%. Where do you beat that at such tiny increments ($25)? Just to clarify, I bond rates have two components - a fixed rate and a variable rate. In times of low inflation, such as the period of measurement ending April 2016, you will have a corresponding low variable rat...
by Grt2bOutdoors
Mon Apr 25, 2016 7:38 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth on why bond funds are better than individual bonds
Replies: 63
Views: 4740

Re: Allan Roth on why bond funds are better than individual bonds

Does anybody on this board use VBS to manage a portfolio of individual municipal bonds? I don't, but when I think of "manage", I think of actively watching over the portfolio. I don't think that quite fits the description of a discount brokerage firm. An asset management firm or even perh...
by Grt2bOutdoors
Mon Apr 25, 2016 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Custom whole life insurance to generate retirement income
Replies: 8
Views: 640

Re: Custom whole life insurance to generate retirement income

NY Life is not your friend. NY Life is looking out for A number one. Guess what? You aren't A number one, neither is your friend. You aren't even A number two or three or four and so on. Purchase life insurance because you have an insurable need, do not purchase life insurance as an investment. It i...
by Grt2bOutdoors
Sat Apr 23, 2016 7:36 pm
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 134
Views: 6518

Re: dividend stocks

What do you think, in layman's terms if possible, of dividend stocks? From my limited knowledge, you can own certain ones that will always pay a dividend, regardless of market fluctuations. True? False. Stocks only pay dividends when the company thinks it can afford to pay them. The big difference ...
by Grt2bOutdoors
Sat Apr 23, 2016 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Sell ibonds? Or hold?
Replies: 15
Views: 1542

Re: Sell ibonds? Or hold?

A few years ago I bought 5k in ibonds thinking it was a good move for when I have kids and they are ready for college. I later learned about the AGI limit for cashing ibonds for educational purposes. I make over the AGI and intend to keep it that way for some time -- I'm 34 now. Does it still make ...
by Grt2bOutdoors
Sat Apr 23, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check My Investment Plan
Replies: 5
Views: 534

Re: Sanity Check My Investment Plan

Hello and welcome to the forum! Please re-format your question and data by editing your post as shown in my signature link - Asking Portfolio Questions. Have you created an Investment Policy Statement yet? View the wiki in the upper right hand corner of the screen and search for examples of an IPS. ...
by Grt2bOutdoors
Sat Apr 23, 2016 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Allocation Assistance Needed!
Replies: 23
Views: 802

Re: 529 Allocation Assistance Needed!

Ok, thanks Klang. I get it. In our case, we are no longer in accumulation phase, I.e., both retired with no earned income. Our 529s are for our grandchildren. Swimmer, In your case, you may want to find out whether your 529 affect your grandchildren's financial aid eligibility. I do not know whethe...
by Grt2bOutdoors
Sat Apr 23, 2016 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Allocation Assistance Needed!
Replies: 23
Views: 802

Re: 529 Allocation Assistance Needed!

OP - take a look at the age based asset allocations used by the Utah 529 plan, www.uesp.org
They provide a IMO, deeper dive into specific asset allocations than other 529 plans. Moreover their plans I find have more structure and less tinkering than other plans.
by Grt2bOutdoors
Fri Apr 22, 2016 7:27 pm
Forum: Investing - Theory, News & General
Topic: Is Coffeehouse Portfolio Not Preferred by BHs?
Replies: 54
Views: 5221

Re: Is Coffeehouse Portfolio Not Preferred by BHs?

It's not that it's not preferred, it's just cumbersome to implement, especially when the typical person may have access to a 401k that offers standard or sub-standard investment options. For example, Bill Schultheis recommends equal weighs of REIT, Small Cap Value, Large Value, International Value, ...
by Grt2bOutdoors
Fri Apr 22, 2016 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Private Wealth Management (Career Change)
Replies: 43
Views: 3000

Re: Private Wealth Management (Career Change)

'Do what you love' is highly overrated. Do what you are good at has better odds. Ask yourself if you are great (not good) at sales and can persuade a high percentage of folks to give you large amounts of money based on a short conversation. And that know you know a lot of people with high 6 or 7 fi...
by Grt2bOutdoors
Fri Apr 22, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Private Wealth Management (Career Change)
Replies: 43
Views: 3000

Re: Private Wealth Management (Career Change)

It's a sales job, pure and simple. You need to be passionate about commission. And that's fine, there's absolutely nothing wrong with that, and sales is the world's other oldest profession, but don't delude yourself that it's something else. Sales job initially, morphing into referrals and organic ...
by Grt2bOutdoors
Fri Apr 22, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Private Wealth Management (Career Change)
Replies: 43
Views: 3000

Re: Private Wealth Management (Career Change)

Not sure if I see eye to eye on that. He charges 1% of AUM. Carries a maximum of 125 clients, minimum of $1M to invest. He only sells low cost mutual funds / ETF's. The company doesn't mind because he brings in business. Business is the high net worth clients. If he left they'd likely lose his book...
by Grt2bOutdoors
Thu Apr 21, 2016 7:29 am
Forum: Investing - Help with Personal Investments
Topic: 529: Utah or NY for Florida Resident?
Replies: 21
Views: 1307

Re: 529: Utah or NY for Florida Resident?

NY has recently upgraded their software making it more user friendly. I like the Utah plan for the reasons listed above.
by Grt2bOutdoors
Wed Apr 20, 2016 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot Pay Huge Tax Burden
Replies: 107
Views: 8371

Re: Cannot Pay Huge Tax Burden

michaeljc70 wrote:
edge wrote:Why doesn't he try to get on a higher earning track?


+1

$60k in an expensive area with an advanced degree is very low.


Because you have extensive experience in finding and then landing these higher paying jobs? The job market is not as rosy as you might believe.
by Grt2bOutdoors
Wed Apr 20, 2016 7:20 pm
Forum: Investing - Theory, News & General
Topic: Did Rick Ferri sell his firm?
Replies: 21
Views: 4438

Re: Did Rick Ferri sell his firm?

Another vote for Rick. His contributions to this forum have been invaluable. I like his books too. :wink:
by Grt2bOutdoors
Tue Apr 19, 2016 8:10 am
Forum: Personal Finance (Not Investing)
Topic: How To Find My (retirement) Number?
Replies: 64
Views: 4563

Re: How To Find My (retirement) Number?

https://www.fidelity.com/viewpoints/retirement/how-much-money-do-i-need-to-retire https://www3.troweprice.com/usis/corporate/en/insights/retirement/the-power-of-15--.html https://am.jpmorgan.com/us/institutional/library/retirement-insights-gtr ^^^Three different guides, from three different sources,...
by Grt2bOutdoors
Mon Apr 18, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: What expected % return should a longterm investor use?
Replies: 50
Views: 4544

Re: What expected % return should a longterm investor use?

I'm using 4% nominal, if I get extra great, if I get less, I"ll know I have lots of company to join me.
by Grt2bOutdoors
Sun Apr 17, 2016 8:24 pm
Forum: Investing - Theory, News & General
Topic: Did the brokers just get lucky?
Replies: 16
Views: 2421

Re: Did the brokers just get lucky?

gd wrote:Puzzling, why not just make money doing it themselves rather than selling their knowledge?


Not so puzzling, the brokers make money from commissions, they don't actually "have" any money of their own, that's why they are working as opposed to swilling champagne in the south of France.
by Grt2bOutdoors
Sun Apr 17, 2016 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolios under professional management, how to get them out
Replies: 11
Views: 1454

Re: Portfolios under professional management, how to get them out

You can do either - some folks prefer to have identically structured portfolios of 80/20 with 20% international. However, some folks may be limited to what investment vehicles offer the most cost-efficient funds - your wife's retirement plan for example may offer excellent bond funds but quite costl...
by Grt2bOutdoors
Sun Apr 17, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Why not buy a DIVIDEND stock?
Replies: 36
Views: 3283

Re: Why not buy a DIVIDEND stock?

Dividend stocks worked out just fine for this Vermont janitor: http://www.today.com/news/rob-gronkowski-cuddles-wrangler-talks-shaking-his-booty-patriots-victory-t1131 His real secret though, he saved a lot more than he spent. What does a football players parade have to do with investing in dividen...
by Grt2bOutdoors
Sun Apr 17, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: Why not buy a DIVIDEND stock?
Replies: 36
Views: 3283

Re: Why not buy a DIVIDEND stock?

You have a pot of money, let's say it's $100,000 - you are seeking a stream of income that yields 5%. The entire stock market yields roughly 2%, so in an effort to find 5% you need to concentrate your risk in a much smaller pool of securities that will provide you with that 5%. Someone makes the sug...
by Grt2bOutdoors
Sun Apr 17, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4785

Re: A Month in Manhattan

Like gold, lots of it? Make reservations to take a tour of of the Federal Reserve Bank of New York located at 33 Liberty Street, 3 short blocks from the New York Stock Exchange.

Interesting stuff.
by Grt2bOutdoors
Sat Apr 16, 2016 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolios under professional management, how to get them out
Replies: 11
Views: 1454

Re: Portfolios under professional management, how to get them out

Hello and welcome to the forum! Cost basis is the total amount of money used to purchase the investments. In the case of an inheritance, the IRS permits you to use the value of the investments as of the date of death as the cost basis. So for example, the deceased purchased $100,000 worth of shares ...
by Grt2bOutdoors
Sat Apr 16, 2016 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 5986

Re: Postnuptial agreement for Physician

Let me be blunt - the horse has left the barn! You say your marriage has been going great, broach this subject and watch out......
by Grt2bOutdoors
Sat Apr 16, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4785

Re: A Month in Manhattan

malabargold wrote:Well as someone who has had in-laws for
Over 30 years - who live north of 86th- I have
Never had a problem visiting them ( or staying in their
4 M condo)!


Did you take a taxi, private car or take the train at 3am in the morning to visit?
by Grt2bOutdoors
Sat Apr 16, 2016 8:28 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4785

Re: A Month in Manhattan

Use the Subway as much as possible. Even if it looks close on the map you'll want to take a subway or bus to get as close as possible. That will save you a lot of walking. Since you are both 65 and older you qualify for reduced fares, so you can get a 30-day unlimited ride card for $58.25 each. And...
by Grt2bOutdoors
Sat Apr 16, 2016 8:20 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4785

Re: A Month in Manhattan

Walk from E. 86th St to 5th Avenue, down to E. 81st St and visit the Metropolitan Museum of Art - you could spend a day in there alone, there is so much to see. You can enter Central Park at E. 79th Street and 5th Ave, cross the park to Central Park West and W. 80th St and visit the Museum of Natura...
by Grt2bOutdoors
Fri Apr 15, 2016 2:22 pm
Forum: Investing - Theory, News & General
Topic: Did the brokers just get lucky?
Replies: 16
Views: 2421

Re: Did the brokers just get lucky?

Tell enough people about this "tip" and watch the trading volumes increase. If those holding Barclays will not sell out at 1.45, they will sell out at 1.68 or higher. The last trade made is a price setting mechanism, the price is now 1.68. Tomorrow, those who bought in at 1.45 or lower may...

Go to advanced search