Search found 22567 matches

by Grt2bOutdoors
Sat Sep 26, 2020 4:01 pm
Forum: Personal Consumer Issues
Topic: Oil change disaster
Replies: 45
Views: 3610

Re: Oil change disaster

Someone left the cap off - ask me how I know? :oops: :oops: The smell of engine degreaser is going to linger as is the smell of motor oil for some time. I did this while adding oil to an Acura integra. I drove on the highway like that, no cap and no smoke. I discovered the cap problem after I smelle...
by Grt2bOutdoors
Sat Sep 26, 2020 3:03 am
Forum: Personal Investments
Topic: Looking for help structuring three fund portfolio between 6 accounts
Replies: 4
Views: 536

Re: Looking for help structuring three fund portfolio between 6 accounts

My error - go with the Loomis Sayles Investment Grade Fund at 0.75 expense ratio. State pension plan website - look for annual report statement that will disclose investment performance and actual pension funding as a percentage of actual benefit obligation. You want to see a 70% plus funding level....
by Grt2bOutdoors
Sat Sep 26, 2020 2:57 am
Forum: Investing - Theory, News & General
Topic: Is hydrogen the fuel for the future of transportation?
Replies: 18
Views: 1288

Re: Is hydrogen the fuel for the future of transportation?

In 1958 at the Univ. of Florida, in the college of engineering, the department head said hydrogen will be the future of auto and air transportation. He didn't say how long in the future. (He also said we would have fuel cells in our cars within the next 20 years. I was given, as my senior design pr...
by Grt2bOutdoors
Fri Sep 25, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for Large Sum of Money - Where to Allocate
Replies: 11
Views: 1740

Re: Preparing for Large Sum of Money - Where to Allocate

What is the ultimate goal for this money? Time horizon? Other assets you may own now or accumulate over time? Annual spending needs?
by Grt2bOutdoors
Thu Sep 24, 2020 11:56 pm
Forum: Personal Investments
Topic: Standard Boglehead Portfolio plus Small Cap Value (SCV) tilt from AVUV. Does my tilt percentage make sense?
Replies: 28
Views: 1371

Re: Standard Boglehead Portfolio plus Small Cap Value (SCV) tilt from AVUV. Does my tilt percentage make sense?

Probably not worth the extra complexity (in my opinion) unless you have the conviction to go for 20% of equities in SCV. Would you mind explaining why you think so? The complexity is no problem for me as I don't mind rebalancing monthly. Is something closer to 20% of equity required, or strongly re...
by Grt2bOutdoors
Thu Sep 24, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 114
Views: 9251

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Surprising Synchrony Bank is still at 0.75% but I am guessing they will be down to 0.6 or 0.65 by next week. Read an article that highlights a comment from Synchrony Bank management indicating they don’t need the funds due to reduced lending so no need to keep rates high, they actually want to shri...
by Grt2bOutdoors
Thu Sep 24, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 114
Views: 9251

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Nice....we are on our way to 0%. Those I bonds are looking better and better.
by Grt2bOutdoors
Thu Sep 24, 2020 4:23 pm
Forum: Personal Investments
Topic: Extra $180/Month after Refinance. Where does it go?
Replies: 22
Views: 2433

Re: Extra $180/Month after Refinance. Where does it go?

529 is not the right answer for many. It counts against financial aid and may just be throwing money away in some cases. It falls into the trap of "College is X Dollars" and not "College costs are negotiable". Few people pay full price. Counts against financial aid? College: we can give you a loan ...
by Grt2bOutdoors
Thu Sep 24, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to employer-provided life insurance - benefits now paid through employer
Replies: 19
Views: 675

Re: Changes to employer-provided life insurance - benefits now paid through employer

Here’s one more wrinkle - what happens if you leave the employ of the company? Will they still own a policy on your life? My understanding of these types of plans is the owner will keep the money since they are paying the premiums.
by Grt2bOutdoors
Thu Sep 24, 2020 9:31 am
Forum: Personal Investments
Topic: Dividend Stocks: Sell now or wait until I formulate my investment plan?
Replies: 11
Views: 991

Re: Dividend Stocks: Sell now or wait until I formulate my investment plan?

Make no rash moves - plan first, then act. Owing taxes is not the worse thing. The market has been a bit volatile these last few months so expect more see-sawing short of being all cash while formulation plan. When you say "short of being all cash" are you suggesting riding the up and down market w...
by Grt2bOutdoors
Thu Sep 24, 2020 9:30 am
Forum: Personal Investments
Topic: Growthy Investment Portfolio
Replies: 5
Views: 651

Re: Growthy Investment Portfolio

Growth? Try 60 percent S&P500 and 40 percent Russell 2000. Or swap the Vanguard small cap index fund for Russell 2000.
by Grt2bOutdoors
Wed Sep 23, 2020 12:21 pm
Forum: Personal Investments
Topic: Dividend Stocks: Sell now or wait until I formulate my investment plan?
Replies: 11
Views: 991

Re: Dividend Stocks: Sell now or wait until I formulate my investment plan?

Make no rash moves - plan first, then act.
Owing taxes is not the worse thing. The market has been a bit volatile these last few months so expect more see-sawing short of being all cash while formulation plan.
by Grt2bOutdoors
Tue Sep 22, 2020 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should we pay our 2.75% interest mortgage sooner?
Replies: 23
Views: 3458

Re: Should we pay our 2.75% interest mortgage sooner?

IRA's first.
E-fund next.
Mortgage - dead last. I think your IRA's will earn more than 2.75% over its life. The e-fund is to provide you peace of mind, fund that before you lock your money up in a mortgage.
by Grt2bOutdoors
Tue Sep 22, 2020 7:42 pm
Forum: Investing - Theory, News & General
Topic: Advice needed on writing a stock analysis report
Replies: 18
Views: 1060

Re: Advice needed on writing a stock analysis report

Look at the Form 10K - any company, pick one. You should show a chart of the last 5 years operating performance: Revenues, expenses, operating margin, interest revenue, interest expense, taxes, net income. Show EBITDA. An investor wants to see the balance sheet too - assets, liabilities - highlight ...
by Grt2bOutdoors
Tue Sep 22, 2020 3:22 pm
Forum: Personal Investments
Topic: Investment Planning
Replies: 4
Views: 335

Re: Investment Planning

I am a 28 yr old male, expenses right now are 0 as I am living with my parents. My risk tolerance is moderate. My salary is $50,000. My current portfolio breakdown: 401k: $30,000 Roth IRA: $12,000 (half in VTI and half in VXUS) Emergency savings: $6,000 Betterment: $13,000 Vanguard: $3,000 in VTSAX...
by Grt2bOutdoors
Mon Sep 21, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7284

Re: Why buy medical insurance ?

Was reading another thread about in-network doctors refusing to honor the contract prices. Also facing layoff in my 50s (refusing to relo with employer and thinking FIRE instead). Given cost of Cobra and ACA without subsidy, thinking whether it makes sense to self-insure. Assume 2,000/mo unsubsidiz...
by Grt2bOutdoors
Mon Sep 21, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 377
Views: 50788

Re: How to get over finance envy

How about working to accomplish something? How about viewing building and growing a portfolio as accomplishments in themselves? How about rejecting as a goal the constant search for hedonistic pleasure? If you believe that your work is useful, even if it is not a source of pleasure, then there is a...
by Grt2bOutdoors
Mon Sep 21, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 377
Views: 50788

Re: Getting over finance envy

Bogleheads: When I returned home from World War II, and after seeing the terrible devastation in Europe, my parents gave me a flight around the world in a chartered airplane with the Youth Hostel organization. We visited about 30 different countries. Once again, I saw the terrible poverty of people...
by Grt2bOutdoors
Mon Sep 21, 2020 8:51 pm
Forum: Personal Consumer Issues
Topic: Your recent experience of visiting a dentist
Replies: 63
Views: 4217

Re: Your recent experience of visiting a dentist

This thread is eye opening My wife & I are avoiding the dentist until 1) we get our COVID vaccines, or 2) we start feeling tooth pain, whichever comes first. What you don't like washing your hands and swigging some Listerine? I don’t like unnecessarily spending time in an indoor environment with st...
by Grt2bOutdoors
Mon Sep 21, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: Your recent experience of visiting a dentist
Replies: 63
Views: 4217

Re: Your recent experience of visiting a dentist

Tingting1013 wrote: Mon Sep 21, 2020 8:07 pm This thread is eye opening

My wife & I are avoiding the dentist until 1) we get our COVID vaccines, or 2) we start feeling tooth pain, whichever comes first.
What you don't like washing your hands and swigging some Listerine?
by Grt2bOutdoors
Mon Sep 21, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1474

Re: No Dividends for S&P500 index fund in 401k?

Dear Bogleheads, Earlier today in one of the posts on this forum I read that someone's regular contribution to their 401k went "missing". I think they said the contribution was finally credited to their 401k after a few months. Anyways, that comment prompted me to review my 401k to make sure everyt...
by Grt2bOutdoors
Mon Sep 21, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Amended return hasn't been processed in ~2 months.
Replies: 26
Views: 1726

Re: Amended return hasn't been processed in ~2 months.

trueblueky wrote: Mon Sep 21, 2020 8:21 pm
Grt2bOutdoors wrote: Mon Sep 21, 2020 4:45 pm I filed an amended return before the July deadline, I owed some money. They still have not cashed the check. Guess they don’t want my money!
Have not cashed the check = have not opened the envelope.
I figured that.
by Grt2bOutdoors
Mon Sep 21, 2020 8:33 pm
Forum: Personal Investments
Topic: having a good year; what to do with the money?
Replies: 11
Views: 2312

Re: having a good year; what to do with the money?

How much is 4 years of state university? I think $3600 is enough for 1 semesters worth of books for the two kids. Fund that 529 plan. Use the Vanguard College Planner to figure out how much you should be shoveling in there. I'd say you need about $100K if you want to pay for 1/2 of school costs, ass...
by Grt2bOutdoors
Mon Sep 21, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Your recent experience of visiting a dentist
Replies: 63
Views: 4217

Re: Your recent experience of visiting a dentist

I went, my dentist would only see 1 patient at a time in the office. No one else allowed in the waiting rooms. I filled out the CDC forms, wore a mask up until the point of dental exam, used hand sanitizer before I was permitted to sit in the chair and had cleaning. Prior to the cleaning I was made ...
by Grt2bOutdoors
Mon Sep 21, 2020 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Amended return hasn't been processed in ~2 months.
Replies: 26
Views: 1726

Re: Amended return hasn't been processed in ~2 months.

I filed an amended return before the July deadline, I owed some money. They still have not cashed the check. Guess they don’t want my money!
by Grt2bOutdoors
Mon Sep 21, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: The conundrum of Pennsylvania 401K contributors who are in no way "married" to the state for retirement. What to do?
Replies: 24
Views: 2696

Re: The conundrum of Pennsylvania 401K contributors who are in no way "married" to the state for retirement. What to do?

Even if you retire in a state like NJ, if you keep your taxable income relatively low you will pay low bracket state taxes. New Jersey’s are below 2% at the lower brackets. NJ exempts all retirement income from taxation if you are over 62 and your gross income is under $100K (retirement exclusion l...
by Grt2bOutdoors
Mon Sep 21, 2020 7:14 am
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 377
Views: 50788

Re: How to get over finance envy

WSJ just posted an article indicating the impact of the pandemic on every day middle class Americans. https://www.wsj.com/articles/covid-unemployment-debt-middle-class-family-finances-11600122791?mod=mhp While they tried to put a human angle on the economic suffering brought on by the pandemic, all...
by Grt2bOutdoors
Sun Sep 20, 2020 10:43 pm
Forum: Investing - Theory, News & General
Topic: The Fed, Snowflake, and Stocks
Replies: 53
Views: 5792

Re: The Fed, Snowflake, and Stocks

Let it ride! My opinion is that the governments of the world and their central banks will always provide more liquidity and increase the money supply in the face of economic slowdowns or possible depressions. That leads me to believe that inflation is coming. So buy some real assets (such as real e...
by Grt2bOutdoors
Sun Sep 20, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: Best Books for Complete Beginners
Replies: 22
Views: 1698

Re: Best Books for Complete Beginners

“The intelligent asset allocator” which I bought almost 20 years ago and still referred to every now and then - https://www.amazon.com/Intelligent-Asset-Allocator-Portfolio-Maximize-ebook/dp/B005XM6NRY Will buy this one soon - https://www.amazon.com/Bogleheads-Guide-Three-Fund-Portfolio-Outperforms...
by Grt2bOutdoors
Sun Sep 20, 2020 10:36 pm
Forum: Personal Investments
Topic: Alternative Investments
Replies: 34
Views: 2759

Re: Alternative Investments

Small value. Out of favor energy MLPs, tobacco, banks, office building REITS.
by Grt2bOutdoors
Sun Sep 20, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 10
Views: 1474

Re: No Dividends for S&P500 index fund in 401k?

Dear Bogleheads, Earlier today in one of the posts on this forum I read that someone's regular contribution to their 401k went "missing". I think they said the contribution was finally credited to their 401k after a few months. Anyways, that comment prompted me to review my 401k to make sure everyt...
by Grt2bOutdoors
Sun Sep 20, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Best Books for Complete Beginners
Replies: 22
Views: 1698

Re: Best Books for Complete Beginners

The Little Book of Common Sense Investing - 2nd Edition by John C. Bogle. Don’t be fooled by its reference to Little, it’s chock full of everything you need to become a successful investor.
by Grt2bOutdoors
Sun Sep 20, 2020 7:30 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 145
Views: 12906

Re: Is anyone waiting until after the election?

No, as the funds come in, they get invested. Wait for what? You miss the 10 best days of the market and you will miss more than 90 percent of the returns. What do you think is going to happen-don’t answer that because no matter what you think does not make it fact. It may or may not happen. No one k...
by Grt2bOutdoors
Sun Sep 20, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Best shoes for running?
Replies: 65
Views: 3231

Re: Best shoes for running?

I use Asiacs, but don’t go by the shoe manufacturer. Instead go to a running shoe store and have the staff measure your foot for proper length and width. Then try on a sneaker and let them watch you run, they will give you guidance if you need a neutral shoe, or if your foot over pronates or under p...
by Grt2bOutdoors
Sun Sep 20, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3499

Re: Chris Hogan's Facebook Group restrictions

What do you expect from a person who’s livelihood depends upon him not understanding or wanting to understand that the fastest way to millionaire status is to stop looking for the needle in the haystack but to own the entire haystack. Well, a good percentage of Bogleheads believes the fastest way i...
by Grt2bOutdoors
Sun Sep 20, 2020 7:59 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3499

Re: Chris Hogan's Facebook Group restrictions

What’s the most you ever paid for a pair of jeans? :twisted:
by Grt2bOutdoors
Sun Sep 20, 2020 7:53 am
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 238
Views: 14947

Re: Is Costco worth the $120 membership?

It’s worth to get the basic membership if you save more than $10 a month over local grocery stores. I see the difference between Costco prices and the local store on basic food stuffs, I see it on electronics and I also buy my gas at Costco which is easily 10-15 cents a gallon cheaper than no-name g...
by Grt2bOutdoors
Sat Sep 19, 2020 7:55 am
Forum: Personal Investments
Topic: College Savings or “Other” Strategy
Replies: 16
Views: 1158

Re: College Savings or “Other” Strategy

Incredible and timely feedback. Thanks! Final follow up question. Anyone have a rule of thump where they stopped contributing to the 529K and prioritized the next goal? One poster had $100K =4 years -@50K/year, which seems like a solid amount but who knows what the trajectory of education will be. ...
by Grt2bOutdoors
Sat Sep 19, 2020 7:39 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3499

Re: Chris Hogan's Facebook Group restrictions

What do you expect from a person who’s livelihood depends upon him not understanding or wanting to understand that the fastest way to millionaire status is to stop looking for the needle in the haystack but to own the entire haystack. My relatives in the military were going to visit a SmartVestor pr...
by Grt2bOutdoors
Fri Sep 18, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5935

Re: Ring for a new girlfriend

I started to date a new girlfriend (mid 30s) in the beginning of the year. Looking to buy her a nice looking ring (it's not for engagement/wedding) but I have 0 clue what brands are popular now. Do people shop online for such stuff nowadays? Budget wise $1000-1500 I guess :annoyed Can’t go wrong wi...
by Grt2bOutdoors
Fri Sep 18, 2020 5:24 pm
Forum: Personal Investments
Topic: Is retirement in 2 years possible?
Replies: 43
Views: 5687

Re: Is retirement in 2 years possible?

"The average retirement savings account for a person between the ages of 50-59 in 2019 was $174,100." https://www.msn.com/en-us/money/personalfinance/what-is-the-average-savings-by-age/ar-BB172T9N You have over $3 million and a paid-off house. If you can't retire in two years, then nobody can. It’s...
by Grt2bOutdoors
Fri Sep 18, 2020 5:21 pm
Forum: Personal Investments
Topic: Is retirement in 2 years possible?
Replies: 43
Views: 5687

Re: Is retirement in 2 years possible?

Your social security seems low for that income. Two variables affect it - 1) how many years of zeros as it takes into account the last 35 years of earnings and 2) that is their current income today, what we don’t know is what they’ve been earning over the last 25 years. So for instance, they were m...
by Grt2bOutdoors
Fri Sep 18, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5935

Re: Ring for a new girlfriend

I started to date a new girlfriend (mid 30s) in the beginning of the year. Looking to buy her a nice looking ring (it's not for engagement/wedding) but I have 0 clue what brands are popular now. Do people shop online for such stuff nowadays? Budget wise $1000-1500 I guess :annoyed Can’t go wrong wi...
by Grt2bOutdoors
Fri Sep 18, 2020 9:43 am
Forum: Personal Investments
Topic: College Savings or “Other” Strategy
Replies: 16
Views: 1158

Re: College Savings or “Other” Strategy

Jack FFR1846 wrote: Fri Sep 18, 2020 9:43 am US Savings Bonds in your name. Can be cashed and used for education, so no tax on the interest.
In the 35 percent tax bracket?
by Grt2bOutdoors
Fri Sep 18, 2020 9:42 am
Forum: Personal Investments
Topic: College Savings or “Other” Strategy
Replies: 16
Views: 1158

Re: College Savings or “Other” Strategy

Save for college.
by Grt2bOutdoors
Thu Sep 17, 2020 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: New York Life - Invest as Favor for Friend
Replies: 40
Views: 2175

Re: New York Life - Invest as Favor for Friend

Tingting1013 wrote: Thu Sep 17, 2020 2:18 pm
BolderBoy wrote: Thu Sep 17, 2020 1:45 pm Don't "invest" with an insurance company. Would you buy insurance from an investment company?
All insurance companies are also investment companies.

What do you think they do with the premiums?
Do you understand where premiums go? Hint: it’s not just into a house investment account.
by Grt2bOutdoors
Thu Sep 17, 2020 5:44 pm
Forum: Personal Investments
Topic: I need help in selecting a bond fund
Replies: 20
Views: 2037

Re: I need help in selecting a bond fund

i'm very new to investing. I've been studying bond funds/indexes for a few days, looking at risk ratings, portfolios, rate of return graphs. Why did vanguard total bond market index drop in value in March 2020 along with the sp500. Isn't that counterintuitive? Should I be eliminating bonds that sho...
by Grt2bOutdoors
Thu Sep 17, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 20626

Re: Preparing for retirement in mid 30s

I was raised with 4 other siblings in NYC with my father making $11 an hour in 90s/ 2000s. Mom stayed home with us. House was always warm and full of love. Father never complained and I remeber him.being always warm.and happy to.have us. Dont remeber mom complaining either. I never starved or felt ...
by Grt2bOutdoors
Thu Sep 17, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: EE Bonds and Sequence of Returns Risk
Replies: 56
Views: 4111

Re: EE Bonds and Sequence of Returns Risk

One risk that should be considered is the possibility of the terms of the EE Bond changing (or going away altogether). People on this board have brought up the possibility of EE Bonds increasing their doubling period. (This doubling period was increased from 17 years to its current 20 years so ther...
by Grt2bOutdoors
Thu Sep 17, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 20626

Re: Preparing for retirement in mid 30s

$45,000 seems impossible even for a single person. That's about the equivalent in the year 2000 of $29,000, and I was making about $75,000 then and was barely getting by (no travel, Toyota Camry, modest housing cost, cooked at home, NJ suburbs fairly far from NYC). I was raised with 4 other sibling...