Search found 18289 matches

by Grt2bOutdoors
Wed Jul 18, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 47
Views: 2843

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 3
Views: 231

Re: Flatting Yield Curve - buckle up for the storm?

I am in your same shoes, saving around 60-70% of my income per month most of it in goes to Vanguard, so I'll be hit hard come recession time (3-fund portfolio). Rest is in Ally savings. Curious to see what the Veterans advise. Pick an appropriate asset allocation and stay the course. If you feel yo...
by Grt2bOutdoors
Wed Jul 18, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 3
Views: 231

Re: Flatting Yield Curve - buckle up for the storm?

Be an above average performer and chances are you keep your job. BUT, if your department, division is closed or sold - all bets are OFF!

Doesn’t hurt to be well liked by management either.
by Grt2bOutdoors
Wed Jul 18, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Is my prudential account worth the fees?
Replies: 27
Views: 2795

Re: Is my prudential account worth the fees?

Thanks for the replies! So are these fees worth investing in or should I just open a brokerage account in vanguard? My base salary is only 44k with minimal overtime. Also a reason why I don’t like prudential is there aren’t many funds available and absolutely no target funds in the plan as an optio...
by Grt2bOutdoors
Wed Jul 18, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 1
Views: 45

10 Year Tips auction

Anyone buying 10 year TIPs in tomorrow’s Treasury auction?
by Grt2bOutdoors
Wed Jul 18, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 47
Views: 2843

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Check in/How are we doing?
Replies: 3
Views: 301

Re: Check in/How are we doing?

If you are saving for a house, put your money in a FDIC insured savings account. The objective is to keep the principal secure, even if it is on a nominal basis. You don’t want any risk from fluctuations with this money. Thanks, yes I forgot to mention our emergency fund and cash savings are in a F...
by Grt2bOutdoors
Wed Jul 18, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 69
Views: 5439

Re: New Brake Pads

Same type of question as OP 2016 Honda CR_V 74,000 miles Local Honda dealer: $250 pads only per axle and resurface the front rotors . Addition $250 per axle for rotors. $1000 pads and rotors 4 wheels (all Honda parts) Local chain (Meineke, Monro) auto repair: $300 pads and rotors per axle. $600 pad...
by Grt2bOutdoors
Wed Jul 18, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 47
Views: 2843

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Check in/How are we doing?
Replies: 3
Views: 301

Re: Check in/How are we doing?

If you are saving for a house, put your money in a FDIC insured savings account. The objective is to keep the principal secure, even if it is on a nominal basis. You don’t want any risk from fluctuations with this money.
by Grt2bOutdoors
Wed Jul 18, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 50
Views: 2173

Re: How do you handle the urge to DO something?

When you have an urge to tinker, wait three months, then re-visit it. In the meantime, go for a LONG walk and plan your next date, vacation instead.
by Grt2bOutdoors
Wed Jul 18, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 47
Views: 2843

Re: Salary vs. Lifestyle

You need to determine what's important to you. You can't get the years back, and you can't really predict the health issues or other problems that might unexpectedly prevent you from living life to the fullest in later years. ^This. If the money is not desperately needed, assuming you make $100K no...
by Grt2bOutdoors
Wed Jul 18, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 2813

Re: Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also hel...
by Grt2bOutdoors
Wed Jul 18, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: The joys of investing
Replies: 11
Views: 674

Re: The joys of investing

Annoying the local personal bankers who constantly try to tell me "I can do better" with them. :twisted:
by Grt2bOutdoors
Wed Jul 18, 2018 6:33 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 2813

Re: Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also hel...
by Grt2bOutdoors
Tue Jul 17, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 137
Views: 8494

Re: Why own a bed?

For years I slept on the floor on a mattress. I liked the firmness it provided, but in my aged stiffness, it's too much easier to roll out standing up now. We have an ancient queen-sized Beautyrest mattress/box set at home that we have modified with a sheet of plywood between them and it was perfec...
by Grt2bOutdoors
Tue Jul 17, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 137
Views: 8494

Re: Why own a bed?

I prefer to stay married. The price of a bed is far cheaper than the alternative.
by Grt2bOutdoors
Tue Jul 17, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 68
Views: 4187

Re: Families - What's your total annual credit card spend?

About 6k/yr. I guess I am the poorest in the forum. Nope, you might just be a “cash on the barrel head” person. I know someone who only uses cash, doesn’t want to be bothered with using a card, collecting points, rewards. Nope, no nonsense pay it off at point of purchase using cash, direct debit or...
by Grt2bOutdoors
Tue Jul 17, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 68
Views: 4187

Re: Families - What's your total annual credit card spend?

About $110k (no kids though). Like you, pretty much all expenses go on credit cards except our mortgage and property taxes. I think it's pretty common for annual credit card spend to be fairly synonymous with annual spending - and therefore bound to be high in many cases. You spend $110k a year?!! ...
by Grt2bOutdoors
Tue Jul 17, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: divorce- helping my best friend
Replies: 5
Views: 1334

Re: divorce- helping my best friend

Call Vanguard and find out.
by Grt2bOutdoors
Mon Jul 16, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 68
Views: 4187

Re: Families - What's your total annual credit card spend?

livesoft wrote:
Mon Jul 16, 2018 6:48 pm
We pay almost everything with a credit card: phone bills, other utilities, insurance, college tuition, plus all the usual stuff. We try to never ever use cash for anything. So about $17 a year.
Seventeen dollars!?? Sign me up! I can retire in 5 years at that rate of spending.
by Grt2bOutdoors
Mon Jul 16, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 68
Views: 4187

Re: Families - What's your total annual credit card spend?

About $110k (no kids though). Like you, pretty much all expenses go on credit cards except our mortgage and property taxes. I think it's pretty common for annual credit card spend to be fairly synonymous with annual spending - and therefore bound to be high in many cases. You spend $110k a year?!! ...
by Grt2bOutdoors
Mon Jul 16, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 137
Views: 8494

Re: Why own a bed?

So in Arizona there are scorpions inside the house? That would scare me from living there or even visiting. Depends on where you are at. We live in the NE valley and are surrounded by desert, yes, all houses in our neighborhood have scorpions inside. I would imagine that places with less desert (do...
by Grt2bOutdoors
Mon Jul 16, 2018 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Value of Arizona State Retirement System
Replies: 13
Views: 1144

Re: Value of Arizona State Retirement System

Yes, you are crazy if you leave before 50. Is the pension COLA’d? Try replicating it in annuity market, you will need a freighter full of cash to do so. The value of pension is deferred compensation and it’s guaranteed.
by Grt2bOutdoors
Sun Jul 15, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 102
Views: 5275

Re: Anyone not have a Budget?

No budget, paid ourselves first, we allocated what was necessary to pay known expenses, anything left over was mostly saved.
by Grt2bOutdoors
Sun Jul 15, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: What to sell for Mom's RMD
Replies: 15
Views: 1146

Re: What to sell for Mom's RMD

Get rid of Source Capital - its a private equity firm holding illiquid investments. I'd get rid of it all.
by Grt2bOutdoors
Sun Jul 15, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2825

Re: How much furniture spending is ok?

Kitchen table
Kitchen chairs
Bed
Furniture that accompanies bed
Sofa
Sitting chairs
Maybe a desk if required, work from home, etc.

Then stop spending money on furniture. And stop comparing the Joneses with yourself. Do you know what their personal finance situation is?
by Grt2bOutdoors
Sun Jul 15, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

MikeWillRetire wrote:
Sun Jul 15, 2018 4:21 pm
When you use duct tape to extend the life of your paper lunch bag. I worked with a guy who actually did this.
How about a co-worker who offers tea and then proceeds to reuse a "used" tea bag? :oops:
by Grt2bOutdoors
Sun Jul 15, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

munemaker wrote:
Sun Jul 15, 2018 4:19 pm
Bogleheads in general seem to have a disdain for spending money on wedding celebrations. We were the exceptions for that, for ourselves and our kids.
We spent, but in a "frugal" manner. You don't have to be extravagant to treat your guests with hospitality.
by Grt2bOutdoors
Sun Jul 15, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: College savings plans - Roth vs. 529
Replies: 32
Views: 2407

Re: College savings plans - Roth vs. 529

Here is a plan that I am kicking around. I will open a home equity line of credit (HELOC). I will pay for my child's education via the HELOC. When they graduate I will then withdraw contributed fund from my ROTH to pay off the HELOC. When are you planning to do this? I only offer this - in 2009, fo...
by Grt2bOutdoors
Sun Jul 15, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

Before I met my husband I had a few dates with a guy I thought I was starting to like. He had a good job, he was tall, dark and handsome and had a good personality. He did not tip at ANY of the restaurants we visited and I was shocked and ended up leaving the tips myself. Against my better judgemen...
by Grt2bOutdoors
Sun Jul 15, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Seeking advice about "defective" computer
Replies: 20
Views: 1152

Re: Seeking advice about "defective" computer

Hmm....this seems to be an ongoing issue with Dell. I too, purchased a brand new Dell computer a few months ago, then about a month later, they sent me one of those "automatic updates" to Dell software, well, lo and behold the automatic update to BIOS completely fried the motherboard. Only after spe...
by Grt2bOutdoors
Sun Jul 15, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

Before I met my husband I had a few dates with a guy I thought I was starting to like. He had a good job, he was tall, dark and handsome and had a good personality. He did not tip at ANY of the restaurants we visited and I was shocked and ended up leaving the tips myself. Against my better judgemen...
by Grt2bOutdoors
Sun Jul 15, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning
Replies: 13
Views: 1558

Re: Retirement Planning

Just my personal feeling towards SS. I hope its there when i need it. Lord knows I paid a bunch of $$ into it. Would have like to be given the option when i started working to not put money into it at all. I feel i could have better invested it myself. Feeling you could have invested it better? - p...
by Grt2bOutdoors
Sun Jul 15, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3714

Re: How often do you buy a primary residence?

We have only bought one house and we still live in it. I do know people who switch homes every few years in the same ZIP code. These are folks who are either realtors or home builders or interior decorators. Our home value has not kept up with inflation in the 24 years we have owned it. We have cer...
by Grt2bOutdoors
Sat Jul 14, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning
Replies: 13
Views: 1558

Re: Retirement Planning

Thanks delamer and ExitstateLeft (ruch fan i assume). If SS is still there which I seriously doubt. Been paying into it since 1996. Probably have a pretty good amount paid in by now. You seriously doubt it because you’ve read the official Trustees report, you fully understand how Social Security wo...
by Grt2bOutdoors
Sat Jul 14, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 91
Views: 10730

Re: Saving 20% of paycheck isn't enough

Just Ignore it. Most people are laid off before 50 if not earlier and never get back to good jobs. Plan accordingly. Ladies and Gentlemen, Good Morning. After having been in deep thought last night after reviewing my finances, doing a couple math of checks and determining what percent of my paychec...
by Grt2bOutdoors
Sat Jul 14, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6500

Re: Dave Ramsey made me laugh today

Dave Ramsey has real life experience with debt in the real estate business. The President was into the banks for enough that he owned the banks. Dave was like most of us and the banks owned him and put him out of business. When he talks about debt, he talks from experience and from the heart. Moral...
by Grt2bOutdoors
Sat Jul 14, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6500

Re: Dave Ramsey made me laugh today

I’m really surprised with the amount of bogleheads that actually take him seriously. This guys a joke guys. The only good advice he gives is live below your means, don’t spend money you don’t got etc etc but to me this is common sense. This is age old wisdom, not something he made up. He’s too pomp...
by Grt2bOutdoors
Sat Jul 14, 2018 3:53 am
Forum: Personal Finance (Not Investing)
Topic: Deciding how much to spend on home remodeling
Replies: 22
Views: 1875

Re: Deciding how much to spend on home remodeling

I'd visit other homes in the neighborhood during opens houses and get a feel for price and condition of homes in your area. Meet with a real estate agent to find out what your home will sell for after doing all the changes you plan on doing. I always look for what the market is willing to bear in m...
by Grt2bOutdoors
Sat Jul 14, 2018 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Deciding how much to spend on home remodeling
Replies: 22
Views: 1875

Re: Deciding how much to spend on home remodeling

Yeah, there is not a lot of information to go on here. $120k to do both a full kitchen and add a bath on a 500k house... sounds cheap to me, frankly. But it depends on where you are located, how big the house is, what local construction costs are. Where I live 500k will barely buy a 1600sq ft colon...
by Grt2bOutdoors
Sat Jul 14, 2018 1:40 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 847

Re: Asset Allocation in Taxable

OP - I have a very similar AA by account type and am also 90/10 in taxable. You can certainly hold more there if you want, but the market downturn argument doesn't really make sense. You can always reallocate to stocks in your 401k if needed. +1 if you need to sell from taxable during a downturn, y...
by Grt2bOutdoors
Fri Jul 13, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

I heard this somewhere recently: "If you go to a restaurant and don't leave a tip, that's cheap. If you skip the restaurant and make a meal at home, that's frugal." Edit: So what is the community's take on famous early-retirement bloggers, like Mr Money Mustache? Frugal or cheap? Mr. Money Mustache...
by Grt2bOutdoors
Fri Jul 13, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

My ex-MIL would order water at a restaurant with ice and extra lemon, then she would squeeze the lemons into the water and add sugar from the sugar packets on the table (or ask for sugar) and make what I would refer to as "cheapskate lemonade." I think that crosses the line to cheap and it always e...
by Grt2bOutdoors
Fri Jul 13, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9415

Re: When does frugal cross the line to cheapskate?

stoptothink wrote:
Fri Jul 13, 2018 12:53 pm
BradJ wrote:
Fri Jul 13, 2018 12:46 pm
barnaclebob wrote:
Fri Jul 13, 2018 12:38 pm
You become a cheapskate when you shift the burden of your frugality onto others.
This should be the official definition.
+2. Said much better and more concise than my attempt.
+3
by Grt2bOutdoors
Fri Jul 13, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10292

Re: COMING SOON: BOGLEHEADS PODCASTS

Boglehead Bang$
“Get more bang for your money”

Banging Bogleheads Investing Podcast
“Bang those expenses out” :greedy
by Grt2bOutdoors
Fri Jul 13, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 791

Re: One Fund During Retirement?

I know the Boglehead tendency is to not go with actively managed funds and not to choose a fund based on past performance. I can't help but notice the impressive returns since its inception in 1970, which I'm sure included some manager changes and market fluctuations. I suppose I could have a two-f...
by Grt2bOutdoors
Fri Jul 13, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: College savings plans - Roth vs. 529
Replies: 32
Views: 2407

Re: College savings plans - Roth vs. 529

In a divorce settlement, the judge could decree you are both liable for college costs - 529 plan or not. The judge probably will not decree retirement assets be used (Roth,401k) to pay for it. I think judge's orders vary by state. In some states, the judge can only order a spouse to cover up to the...
by Grt2bOutdoors
Fri Jul 13, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 791

Re: One Fund During Retirement?

Good morning! I am still a few years away from retiring (15-17 years) so right now I am in the growth and accumulate phase. I'm wondering if there is one fund I can switch to once I am in retirement? Specifically, the Vanguard Wellesley Income fund. I am hopeful to have about $600,000 portfolio by ...
by Grt2bOutdoors
Fri Jul 13, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?
Replies: 33
Views: 5672

Re: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?

All of the above as noted. Being a landlord is not all that it’s cracked up to be. Sometimes you have to run your rental as a charity, most times I wouldn’t. Having a good tenant is worth it’s weight in gold, you can keep raising the rent until you get the deadbeats who abuse your property leaving y...