Search found 14588 matches

by Grt2bOutdoors
Fri Dec 02, 2016 11:15 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 87
Views: 2655

Re: What percentage of international do you hold?

The chart is great for somebody invested from 1970 to 2008, but probably not so great for some other times. Which international funds existed in 1970? 1980? Did the current composition of Vanguard Total International Index fund even exist in 2008? I don't think so. We have about 30% of our total po...
by Grt2bOutdoors
Fri Dec 02, 2016 8:26 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 87
Views: 2655

Re: What percentage of international do you hold?

33% of equities. I've been buying more emerging markets lately.
by Grt2bOutdoors
Fri Dec 02, 2016 8:24 am
Forum: Personal Finance (Not Investing)
Topic: "High risk colonoscopy", cost shift. Any recourse?
Replies: 19
Views: 2459

Re: "High risk colonoscopy", cost shift. Any recourse?

Strictly speaking from a financial perspective only. The only alternative is to shop for a cheaper price. If you can not find it, then your choice is to either go through with it or not. You always have a choice, what seems palatable today may be unpalatable tomorrow. There are consequences for both...
by Grt2bOutdoors
Thu Dec 01, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Just bought a lot of bonds today per my IPS--and felt very uneasy doing it
Replies: 23
Views: 2703

Re: Just bought a lot of bonds today per my IPS--and felt very uneasy doing it

Thanks everyone for the replies. I did not mean that I literally expected a 15% decrease in under a year, but I certainly did (and do) fear a sudden, sharp rise in interest rates. I was just reading in another thread about how even with steadily increasing rates one would be better off after about ...
by Grt2bOutdoors
Thu Dec 01, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

I am nearly 1/3 into a 30 year fixed rate mortgage and plan on paying it off before year 10 is reached. Why? peace of mind, increased cash flow, cash in bank yields far less than after-tax cost of funding, tax write-off of interest is becoming less and less valuable as principal declines, can take m...
by Grt2bOutdoors
Thu Dec 01, 2016 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

expat wrote:Lots of people say to pay off the mortgage without giving a good financial reason.


If you lose your source of income, it's one less bill you won't have to worry about. That is, it's X dollars more that remains in your bank account as opposed to that of a third party.
by Grt2bOutdoors
Thu Dec 01, 2016 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7890

Re: Feeling like you've "made it"

...I have found that I have more financial anxiety now than I did when I first started my career and had $0 to my name. This is a big part of what bothers me. At 22, when I had much less, I didn't really worry. I was very confident. So why do I now see risk and potential failure all around me? Was ...
by Grt2bOutdoors
Thu Dec 01, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Portfolio check and 529 in NJ - does it make sense in our case?
Replies: 8
Views: 463

Re: Portfolio check and 529 in NJ - does it make sense in our case?

If you don't use New Jersey's plan (which makes sense as there are no state tax deductions there and the expense ratio isn't great), I'm not sure why you wouldn't just go directly to Vanguard to open the 529. The only downside is you need $3,000 to open the account. Insurance is really a personal d...
by Grt2bOutdoors
Thu Dec 01, 2016 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

OK I am all for having a paid off home, but I may be in the minority here on this particular question. Your interest rate is so low that I would be tempted to invest in muni bonds for a higher tax free rate of return compared to your tax effective mortgage rate. Even if your tax bracket is low or y...
by Grt2bOutdoors
Thu Dec 01, 2016 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 95
Views: 7890

Re: Feeling like you've "made it"

this is fun! I'm 36 wife is 35, two kids. We make a combined $180k a year. Pretty solid. Upon reflection I find that we are debt free except for mortgages. We have rentals, we have investments (270k) Net worth is about $600k. My major anxiety is we are always cash poor. I somehow manage to always f...
by Grt2bOutdoors
Thu Dec 01, 2016 9:04 am
Forum: Investing - Theory, News & General
Topic: Mr. Bogle in Bloomberg Markets Magazine Intervew
Replies: 1
Views: 268

Re: Mr. Bogle in Bloomberg Markets Magazine Intervew

Read it, it's a good article. Shame he did not receive the Medal of Freedom. Apparently, Hollywood is more popular. :annoyed
by Grt2bOutdoors
Thu Dec 01, 2016 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

Property taxes. There seems to be an artificial sense of relief when the mortgage is gone, however over time taxes will rise, likely above what the mortgage costed. For example, my old neighbor bought his house for $30k, his original taxes were $400. Today, his mortgage of $125 per month is long go...
by Grt2bOutdoors
Thu Dec 01, 2016 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

Property taxes. There seems to be an artificial sense of relief when the mortgage is gone, however over time taxes will rise, likely above what the mortgage costed. For example, my old neighbor bought his house for $30k, his original taxes were $400. Today, his mortgage of $125 per month is long go...
by Grt2bOutdoors
Thu Dec 01, 2016 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

Yes, instead you'll be a slave to the taxes, you fail to pay them and you'll be slapped with a lien first, next step after that is lien sale, followed by potential foreclosure. :wink: I'm confused. What taxes are you talking about? Property taxes? I get quarterly bills myself.....have never had esc...
by Grt2bOutdoors
Thu Dec 01, 2016 7:24 am
Forum: Investing - Help with Personal Investments
Topic: The new normal: 2%, 3%?
Replies: 72
Views: 4169

Re: The new normal: 2%, 3%?

minimalistmarc wrote:2-3% is way too cautious. Probably 5-6% will be okay but 4% for extra safety


That depends on how long one's retirement is, how much you have saved and you not experiencing a bad sequence of returns early in your retirement. I like the IRS single uniform distribution table as a good guide to SWR.
by Grt2bOutdoors
Wed Nov 30, 2016 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

lostdog wrote:Pay it off. You'll no longer be a slave to a lender. Welcome to freedom.


Yes, instead you'll be a slave to the taxes, you fail to pay them and you'll be slapped with a lien first, next step after that is lien sale, followed by potential foreclosure. :wink:
by Grt2bOutdoors
Wed Nov 30, 2016 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor's Late to Retirement Portfolio Help
Replies: 15
Views: 929

Re: New Investor's Late to Retirement Portfolio Help

70/30 is aggressive at age 56. One should invest based upon willingness, need and ability to take risk. Your current portfolio is roughly $650K and that is after accounting for $75K in potential schooling costs. At your current contribution rate $24K + two Roth's plus HSA you will be adding an addit...
by Grt2bOutdoors
Wed Nov 30, 2016 8:44 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 146
Views: 10231

Re: Paul Merriman, 13 years ago

Bogleheads: This is a post I made 13 years ago on the Morningstar Diehard Forum: "Merriman portfolios Sat, Sep 6 2003, 11:27 AM | Post #1505682 Hi Otto: Mark Hulbert, editor of "The Hulbert Financial Digest " tracks the performance of investment newsletter portfolios. Here are the ac...
by Grt2bOutdoors
Wed Nov 30, 2016 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Portfolio check and 529 in NJ - does it make sense in our case?
Replies: 8
Views: 463

Re: Portfolio check and 529 in NJ - does it make sense in our case?

529 plan can wait. I would increase life insurance though, while you have enough to pay mortgage, do you have enough for general support? Surviving spouse will need time to recover from grief, meanwhile the bills for childcare, clothing, food, health insurance will not stop......and I will not even ...
by Grt2bOutdoors
Wed Nov 30, 2016 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 96
Views: 5520

Re: Pay off mortgage?

Off with it's head!
by Grt2bOutdoors
Wed Nov 30, 2016 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Am I On Track?
Replies: 17
Views: 2035

Re: Am I On Track?

At first glance it appears you are missing a good opportunity to save taxes by using a traditional 403b. You allude to this but it isn't clear why you don't use it. Is your guaranteed pension so good that your retirement marginal rate will be as high as your current marginal rate? If so, do you hav...
by Grt2bOutdoors
Wed Nov 30, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing life trade-offs:commute vs school vs house vs time with family
Replies: 27
Views: 1965

Re: Weighing life trade-offs:commute vs school vs house vs time with family

I'm not the OP, but I do believe there is a wide gulf between, on the one hand, the doors that are opened by a truly top-ranked university and, on the other hand, the doors that are opened by the regionally "superior" elementary schools. Additionally, I don't think it's fair to say OP &qu...
by Grt2bOutdoors
Tue Nov 29, 2016 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Are we on the right track for retirement?
Replies: 14
Views: 1521

Re: Are we on the right track for retirement?

Do you live in a community property state? How is the mortgage registered - in your name only or jointly? Do you both own the home jointly or tenants in common or you only? Financially speaking, I think it's a big mistake to pay off a mortgage that is costing you about 2% after-tax. You could put yo...
by Grt2bOutdoors
Tue Nov 29, 2016 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice / Baby #3 On the Way
Replies: 10
Views: 677

Re: Portfolio Advice / Baby #3 On the Way

1. $2M in savings so that we could officially have financial independence and my husband could quit his job if he wanted to (not to stop working, but to pursue more artistic ambitions). This would provide ~$60-$80k/year using SWR of 3-4%. Is that in a taxable account or deferred account? If the sav...
by Grt2bOutdoors
Tue Nov 29, 2016 1:38 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 49
Views: 3889

Re: Gift To Self

A blender and if I have some money left over, some shares of Total Stock Market Index.
by Grt2bOutdoors
Tue Nov 29, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: DIY Wills - Who to use?
Replies: 23
Views: 1532

Re: DIY Wills - Who to use?

biscuit wrote:So if I move from one state to another, I need to redo the will from scratch to accommodate new state laws?


Yes. Each state has it's own laws.
by Grt2bOutdoors
Tue Nov 29, 2016 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help sister?
Replies: 71
Views: 5788

Re: Best way to help sister?

^^ It's not realistic, $11/hr for most is not a livable wage for one. Now try it with a 7 year old. Her financial means are limited, very limited. Given her income, savings may impede her ability to qualify for certain government programs if available. The system disincentives savings and wealth ac...
by Grt2bOutdoors
Tue Nov 29, 2016 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice / Baby #3 On the Way
Replies: 10
Views: 677

Re: Portfolio Advice / Baby #3 On the Way

Emergency funds: $330k (this is Emergency + potential new house or investment property fund) Debt: $152k home mortgage (2.625% interest rate) Tax Filing Status: Married Filing Jointly with 2 (soon-to-be 3) dependents Tax Rate: 25% Federal, 7% State State of Residence: SC Age: 38 (both of us) Desire...
by Grt2bOutdoors
Tue Nov 29, 2016 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 6551

Re: Investing in the 80's when CD rates were 17%?

My folks had a 15 year mortgage, the rate was 11.25 percent. I bought my first house in Dec. 1981 and with FHA mortgage rate of 17.5%. Unbelievable, but that was the going rate. Of course, the house was about $47K if I remember correctly. I do the remember the double digit inflation at the time. ht...
by Grt2bOutdoors
Tue Nov 29, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 529 Contributions by Grandparents
Replies: 14
Views: 1046

Re: 529 Contributions by Grandparents

Have the attorney draft up an irrevocable trust with the child as trustee upon age the grandparents stipulate, the grandparents can also stipulate what the assets can be used for and when. Obviously not an UTMA but it can solve the problem of moving assets out of the estate and it will create a bit...
by Grt2bOutdoors
Tue Nov 29, 2016 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Am I On Track?
Replies: 17
Views: 2035

Re: Am I On Track?

At first glance it appears you are missing a good opportunity to save taxes by using a traditional 403b. You allude to this but it isn't clear why you don't use it. Is your guaranteed pension so good that your retirement marginal rate will be as high as your current marginal rate? If so, do you hav...
by Grt2bOutdoors
Tue Nov 29, 2016 7:17 am
Forum: Investing - Help with Personal Investments
Topic: 529 Contributions by Grandparents
Replies: 14
Views: 1046

Re: 529 Contributions by Grandparents

Have the attorney draft up an irrevocable trust with the child as trustee upon age the grandparents stipulate, the grandparents can also stipulate what the assets can be used for and when. Obviously not an UTMA but it can solve the problem of moving assets out of the estate and it will create a bit ...
by Grt2bOutdoors
Mon Nov 28, 2016 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Large transfer into Vanguard...need 2nd opinions please
Replies: 6
Views: 1366

Re: Large transfer into Vanguard...need 2nd opinions please

You can use the ROTH account to hold International, however by doing so you lose the ability to claim the Foreign Tax Credit on your income tax returns. Over time, as your account grows in value, the value of the tax credit will grow as well. Plan looks well thought out, good luck.
by Grt2bOutdoors
Mon Nov 28, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I consider EE Savings Bond (double in value in 20Y)?
Replies: 9
Views: 1337

Re: Should I consider EE Savings Bond (double in value in 20Y)?

After reading several previous posts on EE savings and recent IV w/ Jack Bogle below, I started to seriously consider EE Savings bond ($10K *2 per year for my family) and hold it for 20 years to get the safe >=3.5% return which is even better than the 3% return for a balanced portfolio as mentioned...
by Grt2bOutdoors
Mon Nov 28, 2016 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Unable to sell shares I "own" ??
Replies: 7
Views: 1292

Re: Unable to sell shares I "own" ??

It's not free money - in return for your services and time you were allotted X shares. If you were unaffiliated with the company and the owners gave you shares - that would be "free" money. The shares are compensatory - you gave something up to receive them, namely your time (you could hav...
by Grt2bOutdoors
Mon Nov 28, 2016 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Unable to sell shares I "own" ??
Replies: 7
Views: 1292

Re: Unable to sell shares I "own" ??

It appears the private owners did not "part" with any shares - they are still holding them! The OP needs to obtain the compensation agreements that govern the issuing of those shares - those agreements will state exactly the thresholds needed to be attained before the shares can be sold an...
by Grt2bOutdoors
Mon Nov 28, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage down payment investing in taxable accounts
Replies: 3
Views: 433

Re: Mortgage down payment investing in taxable accounts

The biggest issue you will face with an all equity or high equity payoff fund is sequence return risk. Let's say you sock away $1k per month for next 12 years, that is $1k for 144 months or $144k invested. In year 5, the market takes a tumble and value of account drops to $40k, you keep buying, in y...
by Grt2bOutdoors
Mon Nov 28, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal sequence for college tuition
Replies: 5
Views: 625

Re: Withdrawal sequence for college tuition

I find the trustees who advise the Utah 529 plan to be as investment saavy as they come. A student who is age 16-17 would have their 529 plan allocated 60-80 percent FDIC insured account and 20 percent short-term bond index. Now, this may seem ultra conservative to some but the whole idea of a 529 p...
by Grt2bOutdoors
Mon Nov 28, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help sister?
Replies: 71
Views: 5788

Re: Best way to help sister?

If you have money to give, I would save it for your niece. Your sister may be beyond help and will probably be dependent on others (boyfriends, parents, the government, and later her own daughter) for life. 4. I like your idea of matching funds for your sister to encourage her to learn to save. The...
by Grt2bOutdoors
Mon Nov 28, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help sister?
Replies: 71
Views: 5788

Re: Best way to help sister?

Forget about the "match savings" - do you really believe that $11/hr is a living wage? You know it is not, so in the spirit of Thanksgiving, please be empathetic. You know your sister best, but this is a very deep hole to climb out of, I would not add fuel to the emotional battle, let alon...
by Grt2bOutdoors
Sun Nov 27, 2016 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: best 529 plan for grandchildren
Replies: 11
Views: 873

Re: best 529 plan for grandchildren

Consider using the Utah 529 Plan - http://www.uesp.org or NYS529Direct Plan - http://www.nysaves.org. Both plans use Vanguard funds, the Utah plan also offers DFA funds and FDIC insured bank accounts. Both plans are amongst the lowest in fees, lower than the Vanguard 529 Plan, more commonly known as...
by Grt2bOutdoors
Sun Nov 27, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 6587

Re: Why does the car dealer say leasing is cheaper than buying?

I've never leased, but believe there is a clause in contract that requires car to be returned in "like new" condition with no unnecessary wear and tear" and required vehicle maintenance must be performed at regular intervals. Living in a large metro area with debris on roads gives me ...
by Grt2bOutdoors
Sun Nov 27, 2016 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: What should the target amount to save up for college be?
Replies: 13
Views: 1445

Re: What should the target amount to save up for college be?

If you are going to pay for 4 years of undergrad, the first question you should be asking yourself is: a)state university or b) private university? Then, using Vanguard's college planner https://vanguard.wealthmsi.com/csp.php and inputting your current stats - a monthly contribution of $200 per mont...
by Grt2bOutdoors
Sun Nov 27, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why does the car dealer say leasing is cheaper than buying?
Replies: 72
Views: 6587

Re: Why does the car dealer say leasing is cheaper than buying?

I hear leading and then buying the car is the most expensive way to go. In what situations is lease, then but a better deal than purchasing a used off lease or certified used vehicle?
by Grt2bOutdoors
Sun Nov 27, 2016 9:22 am
Forum: Investing - Help with Personal Investments
Topic: At a crossroads: Portfolio Allocation Advice
Replies: 4
Views: 414

Re: Portfolio Allocation Advice

Thanks Dan. I know these short funds are dangerous and I've never invested in them before. However, given my returns this year and my skepticism about the continued market rise, as well as my over exposure to one stock, I felt it made sense to do this to hedge a little bit. You have fallen into a c...
by Grt2bOutdoors
Sun Nov 27, 2016 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice for 30 Year-Old Aggressive Saver & Cautious Investor
Replies: 9
Views: 913

Re: Advice for 30 Year-Old Aggressive Saver & Cautious Investor

One person's definition of conservative is another person's definition of aggressive. Age does not define a person's emotions or reactions to events. Follow the path that permits you to stay the course and sleep well at night. A 70/30 allocation is perfectly acceptable as is a 30/70 portfolio as lon...
by Grt2bOutdoors
Sat Nov 26, 2016 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 6551

Re: Investing in the 80's when CD rates were 17%?

My folks had a 15 year mortgage, the rate was 11.25 percent.
by Grt2bOutdoors
Fri Nov 25, 2016 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: My Bonds Are Enraging Me
Replies: 43
Views: 5182

Re: My Bonds Are Enraging Me

livesoft wrote:Don't worry. I'm sure VFIAX and VEXAX will enrage you soon enough.


+2 :D
by Grt2bOutdoors
Fri Nov 25, 2016 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: My Bonds Are Enraging Me
Replies: 43
Views: 5182

Re: My Bonds Are Enraging Me

Tycoon wrote:Wow. Perhaps you should consider a CD instead.

+1 :beer

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