Search found 22051 matches

by Grt2bOutdoors
Tue May 26, 2020 6:39 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 67
Views: 5137

Re: I have no risk tolerance: where am I supposed to keep my money?

With all due respect, OP, you're dangerously close to screwing yourself over. I recommend handing the keys over to someone else by going all-in on a target-date retirement fund. You said you're holding VTSAX so I'm going to assume you're already with Vanguard. Lucky for you, they've got some great ...
by Grt2bOutdoors
Tue May 26, 2020 6:00 pm
Forum: Personal Consumer Issues
Topic: The "Best of" for Aldi?
Replies: 12
Views: 662

Re: The "Best of" for Aldi?

Try their dark chocolate!
by Grt2bOutdoors
Tue May 26, 2020 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Worst House on the best block?
Replies: 40
Views: 2403

Re: Worst House on the best block?

Be careful of pithy truisms. They are over-used on this site. House 1: 2 bedroom, 2 bath. 5 minute walk to grocery stores and restaurants and express train station but yard is run down and has olive green 1970s kitchen and baths and the basement is damp. #1 elementary school in city. Neighborhood i...
by Grt2bOutdoors
Mon May 25, 2020 8:31 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 67
Views: 5137

Re: I have no risk tolerance: where am I supposed to keep my money?

Balanced Index fund - 1 fund, just add to it and leave it alone. You are going to live at least another 40 years - do you want $300k in 40 years or does $20k a year for 20 years sound liveable to you in retirement? That is what it will be worth if you stick it all in bonds.
by Grt2bOutdoors
Mon May 25, 2020 8:04 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 109
Views: 7460

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? Is there something wrong with Subarus? My impression is that they rank pretty high in the automotive pecking order, perhaps right behind Toyota and Honda. Bland, slow, loud, and notorious engine oil issues. Cheapest way into an AWD car though. I t...
by Grt2bOutdoors
Mon May 25, 2020 8:01 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 109
Views: 7460

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? Is there something wrong with Subarus? My impression is that they rank pretty high in the automotive pecking order, perhaps right behind Toyota and Honda. Bland, slow, loud, and notorious engine oil issues. Cheapest way into an AWD car though. Don...
by Grt2bOutdoors
Sun May 24, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: Is it safe to connect finance.yahoo.com with broker?
Replies: 7
Views: 566

Re: Is it safe to connect finance.yahoo.com with broker?

Is it safe to connect my broker account (IB) with finance.yahoo.com (app. on my phone)? Just curious... No. And why would you want to? You think yahoo is “safe”? Google - yahoo + safe or yahoo + hacked. See what you come up with. In the event it comes up fine, just remember you don’t want to be the...
by Grt2bOutdoors
Sun May 24, 2020 1:03 pm
Forum: Personal Investments
Topic: $250,000 Debt, High-Income Potential, beginner starting from ZERO
Replies: 37
Views: 4171

Re: $250,000 Debt, High-Income Potential, beginner starting from ZERO

Any thoughts on parking and leaving $1000 each in a HYSA at BlueFCU and DCU (costs like $10 donation to open up an account). The interest on the first $1000 is ~5-6%. Was considering just leaving $1000 in these? In terms of investing in a taxable account, should I use these investments to get a jum...
by Grt2bOutdoors
Sun May 24, 2020 12:59 pm
Forum: Personal Investments
Topic: $250,000 Debt, High-Income Potential, beginner starting from ZERO
Replies: 37
Views: 4171

Re: $250,000 Debt, High-Income Potential, beginner starting from ZERO

If I were you my priorities during residence would be: 1. Make minimum debt payments 2. Establish emergency fund 3. Max all tax-advantaged space. (403b, Roth IRA, HSA if you have one) 4. Invest in Hot Showers 5. Use any extra to pay down debt I also suggest developing an Investment Policy Statement...
by Grt2bOutdoors
Sat May 23, 2020 10:01 pm
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 86
Views: 6562

Re: Examples of why NOT to hold individual stocks

Occidental Petroleum (OXY) - made a deal with Warren Buffett, in exchange for $10 billion in cash they gave WB convertible preferred stock with an 8% coupon and the right to acquire 80 million shares at a strike price of $62.50 a share. The company had the right at it's option to pay the dividend in...
by Grt2bOutdoors
Sat May 23, 2020 9:32 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 61
Views: 4384

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. 1) State pensions and retirement healthcare. 2) A ridiculous amount of townships with their own police, fire, EMT, and school systems. 3) Poor c...
by Grt2bOutdoors
Sat May 23, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 4925

Re: What do people spend money on?

I guess not. Probably belongs on a mid-life crisis forum. Spent my whole life with a chip on my shoulder trying to “make it”. Now that I’m largely here, not really happier or sure what I can do financially to change that. Thought maybe others who’ve been in a similar situation might have advice. Yo...
by Grt2bOutdoors
Sat May 23, 2020 8:32 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 61
Views: 4384

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. Let's count the ways: 1) State funded Medicaid 2) Overly generous pension rejiggering coupled with a major tax cut in the 1980's that was never ...
by Grt2bOutdoors
Sat May 23, 2020 6:50 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1405
Views: 189714

Re: Just Paid Off My Mortgage

[Thread merged into here, see below. --admin LadyGeek] I'm really concerned about the stock market, so I decided to pay off my mortgage. It was a close call on an NPV analysis, but its nice to not have any debt. We own 2 cars. Have anyone done the same? Congratulations! If you ever feel the need ag...
by Grt2bOutdoors
Fri May 22, 2020 5:21 pm
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 44
Views: 4312

Re: Should I pay $1,600 for this lawn care fix?

It's $0.50 a square foot, but I can't imagine the entire lawn is bumpy. The bumps must be in spots, no? I like Livesoft's plan, you like lawncare, so what is a 3-5 year plan in the grand scheme of things? What ever you do decide - hold off until fall - the aereating works best when seeding, other th...
by Grt2bOutdoors
Fri May 22, 2020 12:09 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4421

Re: Who's right about the future? Stock or Bond market?

Stock market is based on optimism. Bond market is based on rationalism. If you want to know which companies survive, go look at their bonds. Not the bond ratings - ratings are like opinions, everyone has one but their track record shows even they don't call the outcomes precisely. Precisely? Hertz ...
by Grt2bOutdoors
Fri May 22, 2020 12:06 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4421

Re: Who's right about the future? Stock or Bond market?

Stock market is based on optimism. Bond market is based on rationalism. If you want to know which companies survive, go look at their bonds. Not the bond ratings - ratings are like opinions, everyone has one but their track record shows even they don't call the outcomes precisely. Precisely? Hertz ...
by Grt2bOutdoors
Thu May 21, 2020 11:59 pm
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11375

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

No, wait for Tepper to flash the “flush the toilet” signal then put all your money back into stock so you can catch the ride down again. :oops: You need an Investment Policy Statement and the very first line should say I will not take advice from tv shows, CNBC, newspapers and anyone else. The secon...
by Grt2bOutdoors
Thu May 21, 2020 11:51 pm
Forum: Personal Investments
Topic: Investing in Note funds
Replies: 20
Views: 4177

Re: Investing in Note funds

Why not reits? They are proven and especially vnq or vnqi from vanguard or frel from fidelity are pretty decent. Returns as far as dividends go are pretty high as well. You mean the same reits holding investments where the underlying tenants have stopped paying the rent? What could go wrong right? ...
by Grt2bOutdoors
Thu May 21, 2020 6:06 pm
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4421

Re: Who's right about the future? Stock or Bond market?

Stock market is based on optimism. Bond market is based on rationalism. If you want to know which companies survive, go look at their bonds. Not the bond ratings - ratings are like opinions, everyone has one but their track record shows even they don't call the outcomes precisely.
by Grt2bOutdoors
Thu May 21, 2020 5:57 pm
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2525

Re: Should We Our Shorten Bond Duration?

Due to extremely low interest rates we are worried that our bond duration is too long. We are thinking of shortening it. We will sacrifice yield to get a far greater reduction in bond duration. Right now we are using 50% Intermediate Term US Treasury ETF + 50% Intermediate Term US Corp Bond ETF. Du...
by Grt2bOutdoors
Thu May 21, 2020 11:32 am
Forum: Personal Investments
Topic: Growth fund mutual fund vs. Total stock market index
Replies: 15
Views: 720

Re: Growth fund mutual fund vs. Total stock market index

Recent outperformance by most growth assets is in the range of 2% - 3% per year versus total stock market. Long term, it is in the 1% - 1.5% range. Which trend will continue is difficult to judge so just continue holding both. TBCIX has a short history (2016) as it is a recent addition to the TRP s...
by Grt2bOutdoors
Thu May 21, 2020 11:30 am
Forum: Personal Investments
Topic: Growth fund mutual fund vs. Total stock market index
Replies: 15
Views: 720

Re: Growth fund mutual fund vs. Total stock market index

Hello, Most of my stock portfolio is in Vanguard Total Stock Market Index (VTSAX), however my stock in my 401k is in T Rowe Price Blue Chip Growth Fund (TBCIX). I've been comparing the two since inception and it seems that TBCIX holds up better in good and bad times. Would anyone out there in my sh...
by Grt2bOutdoors
Thu May 21, 2020 7:16 am
Forum: Personal Investments
Topic: Individual stock for son's birthday
Replies: 54
Views: 2042

Re: Individual stock for son's birthday

How about a few shares of the Vanguard Total Stock Market ETF... VTI Regards, +1 Don't give him any ideas about investing in individual stocks. Those aren't good ideas. Train him in indexing. VTI is a great suggestion. If he thinks that is boring, just show him the prospectus holdings and drive thr...
by Grt2bOutdoors
Wed May 20, 2020 11:50 pm
Forum: Personal Investments
Topic: Make My Portfolio for me! :)
Replies: 14
Views: 1126

Re: Make My Portfolio for me! :)

Pay off the car loan. Then, take your $240 monthly payment and toss it back into lower yielding bonds for your next car purchase that you will pay in "cash" with. This is your opportunity to get off the monthly payment merry go round and keep the interest for yourself. :beer
by Grt2bOutdoors
Wed May 20, 2020 11:35 pm
Forum: Personal Consumer Issues
Topic: Shed Foundation: Flat Concrete Blocks or Deck Piers?
Replies: 18
Views: 1320

Re: Shed Foundation: Flat Concrete Blocks or Deck Piers?

In my region it is important to bolt down any wooden structure to its foundation. I'd pay for a pad with embedded bolts, or at a minimum concrete piers with embedded metal post base/hangers. If you live in an area where storms can produce high winds, bolting down the wooden floor plates to the foun...
by Grt2bOutdoors
Wed May 20, 2020 6:08 pm
Forum: Personal Investments
Topic: Calculating future retirement income
Replies: 7
Views: 591

Re: Calculating future retirement income

Yes. But what if you don't earn 3% real? I realize my assumptions will make an ass of u and [/s] me :) I just wanted to make sure that my understanding of the math was correct. I've seen lots of threads discussing what future returns could be, and if %4 withdrawal rate is appropriate. Thanks for th...
by Grt2bOutdoors
Wed May 20, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4278

Re: At 30, what are some key financial milestones I should have hit?

No credit card debt other than what is paid off on a monthly basis. There should be few reasons why you carry a balance and pay a bank 12% when the bank pays you 1% or less in interest. You should have an emergency fund of at least 6 months expenses. You either have an IRA or a 401k/403b plan and yo...
by Grt2bOutdoors
Wed May 20, 2020 5:52 pm
Forum: Personal Investments
Topic: Calculating future retirement income
Replies: 7
Views: 591

Re: Calculating future retirement income

Hello All, I'd appreciate a confirmation to my logic/math or corrections if I've gone off course My wife and I are both 45. I'm assuming that we will retire at 62. So 17 years to retirement. We currently have about $500,000 saved between various 401ks, Roth IRAs, Trad IRAs, and HSA. If I contribute...
by Grt2bOutdoors
Wed May 20, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2098

Re: Another Round Retirement Plan

I suggest you defer minimum of 15% of household income ($14k you said) to your 403b and get the 9% on TOP of that. $14k total including 9% which would be 15% of salaries? Or $14k our contributions + 9% employer which would be 24% of salaries? 24% of your salaries - 15% from your contributions + 9% ...
by Grt2bOutdoors
Wed May 20, 2020 2:27 pm
Forum: Personal Investments
Topic: Individual stock for son's birthday
Replies: 54
Views: 2042

Re: Individual stock for son's birthday

UNP. Good, appreciating stock, and he can get a free calendar each year with pictures of his trains. Wrigley used to send a box of 20 of their gum or candy each year for Christmas holidays. Who knew you could make good money from a chewing gum company? It was a worthwhile investment at least my nie...
by Grt2bOutdoors
Wed May 20, 2020 2:25 pm
Forum: Personal Investments
Topic: Individual stock for son's birthday
Replies: 54
Views: 2042

Re: Individual stock for son's birthday

A historical stock, rather than one chosen for investment. * Bank of New York Mellon Corporation, founded 1784, listed NYSE in 1792. * Lloyd's of London, founded 1686. Plus a book on insurance. * Fiskars, plus a pair of scissors, founded 1649 * Sotheby's, founded in 1744. * Kongo Gumi, founded in 5...
by Grt2bOutdoors
Wed May 20, 2020 2:23 pm
Forum: Personal Investments
Topic: Individual stock for son's birthday
Replies: 54
Views: 2042

Re: Individual stock for son's birthday

Hello, I am thinking of buying a couple of shares of stock for my son's birthday. What I have in mind is something that has a large appreciation potential, but not something that is completely ridiculous like penny stocks. In other words, I would like to be aggressive but not crazy. Any ideas? This...
by Grt2bOutdoors
Tue May 19, 2020 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2098

Re: Another Round Retirement Plan

Tax expense of $13K - is that property tax or what you believe federal/state tax will be? So let me give you a real life example, a married couple today, age 65+ and retired, the first $50-$55K has a tax liability of $300-$400. So tell us again, what is the $13K in your estimate composed of? I can't...
by Grt2bOutdoors
Sun May 17, 2020 8:45 pm
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15226

Re: What does Market know, that we did not know?

Ed 2 wrote:
Sun May 17, 2020 3:43 am
Grt2bOutdoors wrote:
Sat May 16, 2020 8:52 pm
The market is waiting for the "suckers" to fall for it, rush back in for FOMO, then they will pull the rug out from underneath you and steal all your cash! :twisted:
Wow! Someone had a very pleasant weekend)
It's partly in jest, but there is a part that isn't.
by Grt2bOutdoors
Sun May 17, 2020 8:36 pm
Forum: Personal Investments
Topic: Portfolio Questions Saving for Retirement
Replies: 21
Views: 1440

Re: Portfolio Questions Saving for Retirement

Hope I got this right spent some time getting this together. $155k starting balance, $19,250 / year total contributions for 14 years at 3.5% annual returns = $650k Your calculations are off, using the figures above and number of years left (14) at 3.5% annual returns yields $595,000. You'd either h...
by Grt2bOutdoors
Sat May 16, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15226

Re: What does Market know, that we did not know?

The market is waiting for the "suckers" to fall for it, rush back in for FOMO, then they will pull the rug out from underneath you and steal all your cash! :twisted:
by Grt2bOutdoors
Sat May 16, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2038

Re: In your experience, what is the credit card with the best customer service?

American Express
Discover Card
Bank of America

Eh..eh service - Citibank; sometimes I feel like I speaking to someone in another country; oh wait! :oops: I am! :annoyed
by Grt2bOutdoors
Sat May 16, 2020 1:36 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy [What to do with "idle" cash?]

I don’t think there is one correct answer to how much you should have in your emergency fund. What you’re comfortable with and individual factors come into play. Also, even though many people think of an emergency fund as cash, investments in a taxable account, Roth IRA contributions that you can g...
by Grt2bOutdoors
Sat May 16, 2020 1:31 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy

Ok, here's the slightly longer, more philosophical discussion for those that are interested: I didn't intend to do a full, financial portfolio review. I thought this was a simple question(!). But here's a few things that may be helpful to know. I'm 46 yo. All of my thinking and comments have been i...
by Grt2bOutdoors
Sat May 16, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Income about to be halved - what do we do?
Replies: 62
Views: 7680

Re: Income about to be halved - what do we do?

Something does not add up. 8.8K * 12 = 105K. You make 350K. Assume 100K goes to taxes. That leaves 250K. Assume you make 300K, and pay 80K in taxes. Tat leaves 220K. Either you have expenses that you are not accounting for (A LOT), or you are saving a lot, like 100-150K a year, which would be good....
by Grt2bOutdoors
Sat May 16, 2020 4:55 am
Forum: Personal Investments
Topic: Another debt or invest question
Replies: 27
Views: 1453

Re: Another debt or invest question

How stable is your employment? If it’s not stable, I’d be banking cash. If it’s stable, any money normally sent to bonds, I’d send to the loan, the rest I’d leave as is.
by Grt2bOutdoors
Sat May 16, 2020 4:48 am
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Purchase Policy
Replies: 16
Views: 1742

Re: Updated Vanguard Purchase Policy

Eagle33 wrote:
Sat May 16, 2020 2:26 am
VG is also changing their mail address so a 3rd party company can process it.
Sounds like they are creating “efficiencies” - ah hem, code speak for reducing workforce.
by Grt2bOutdoors
Sat May 16, 2020 4:15 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy

I got news for you - I worked for a publicly traded NYSE company too, they never cut their forecasts either in good/bad times but they also had no qualms about cutting people either. Your job is not secure unless you have three letters before it - do you? If you don’t you will go before they go. You...
by Grt2bOutdoors
Fri May 15, 2020 5:22 pm
Forum: Personal Investments
Topic: My son's (age 9) investments.
Replies: 20
Views: 1658

Re: My son's (age 9) investments.

I have a couple investements for my son. 1. I have one portfolio that is only VTI that i keep adding money to and have never changed. Should I readjust during this time of crisis? Do i add bonds now? He has a long way to go, what is your advice? What is the purpose of this investment? What is the n...
by Grt2bOutdoors
Thu May 14, 2020 8:22 pm
Forum: Personal Investments
Topic: New to Vanguard!
Replies: 30
Views: 2061

Re: New to Vanguard!

Welcome to the forum! Portfolio structure - if I were to come to you and say "I have the perfect retirement plan for you and your wife. You give me $25K and I will give you in return 21 individual lottery tickets which currently will pay you $1K in dividends. Deal? You might respond and say but the...
by Grt2bOutdoors
Thu May 14, 2020 7:59 pm
Forum: Personal Investments
Topic: Excess money in taxable vs 529?
Replies: 23
Views: 1487

Re: Excess money in taxable vs 529?

Similar situation. No State tax benefit. We're leaning towards a lump sum 529 contribution equivalent to 4yrs of current in-state tuition and letting it ride. We had been thinking of foregoing a 529 and doing taxable. The inflexibility of a 529, unknown future of college or our kids aspirations all...
by Grt2bOutdoors
Thu May 14, 2020 7:07 pm
Forum: Personal Consumer Issues
Topic: Secrets to a great lawn
Replies: 65
Views: 5188

Re: Secrets to a great lawn

What steps do you take to get a thick, green, luxuriant lawn? Looking for recommendations on: -timing of applications (we have children and pets, but pesticides and herbicides are OK with me within reason) -fertilizers -Weed control (pull manually vs herbicide) -pest control -watering (I have a spr...
by Grt2bOutdoors
Wed May 13, 2020 9:44 pm
Forum: Personal Investments
Topic: New to Vanguard!
Replies: 30
Views: 2061

Re: New to Vanguard!

Welcome to the forum! Portfolio structure - if I were to come to you and say "I have the perfect retirement plan for you and your wife. You give me $25K and I will give you in return 21 individual lottery tickets which currently will pay you $1K in dividends. Deal? You might respond and say but thes...
by Grt2bOutdoors
Wed May 13, 2020 9:21 pm
Forum: Personal Investments
Topic: Excess money in taxable vs 529?
Replies: 23
Views: 1487

Re: Excess money in taxable vs 529?

I over saved in a 529. Of course, I could have undersaved if my child went to a full pay private school. But as it stands, I am unhappy with the limitations of a 529. Not only are the funds limited but so are the trades. The fine print allows just two trades a year (Nevada Upromise 529 with SSGA). ...