Search found 16654 matches

by Grt2bOutdoors
Tue Oct 17, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Is my prudential account worth the fees?
Replies: 12
Views: 772

Re: Is my prudential account worth the fees?

Your fees are quite high. However, remember that the funds you put in are tax deferred so you aren't getting taxed on them now. This could pay off more if you have certain write offs and are close to a tax bracket jump. I grew up in NJ, left after HS Graduation in the early 70's. Many of my relativ...
by Grt2bOutdoors
Tue Oct 17, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 23
Views: 1620

Re: seeking advice on asset allocation, or is Vanguard crazy

Vanguard's asset allocation calculator recommends a 80/20 retirement portfolio for me based on their series of questions. Their target fund for my age, target 2035, is 80/20. My current AA is 72/28. I know age in bonds has fallen out of fashion, but that recommendation is bonds = age -28! Am I depr...
by Grt2bOutdoors
Tue Oct 17, 2017 8:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 63
Views: 5169

Re: Vanguard expects "decent sized correction" soon

In an interview on BBC Radio 4’s Today program, McNabb said while he wouldn’t call it “bubble territory,” valuations seem “very high.” I'd like to hear more about it at the BH visit to Vanguard on Thursday. In the mean time, I have changed the asset allocation of my grandchildren's 529 plans from 8...
by Grt2bOutdoors
Tue Oct 17, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 23
Views: 1620

Re: seeking advice on asset allocation, or is Vanguard crazy

Appreciate all the input. I know it's an unanswerable question but it's helpful to get input from other like-minded investors, which I value far more than financial advisers. Funny how a million dollars seemed like a fortune as a kid but now it's just a good starter to your retirement fund. ^^ That...
by Grt2bOutdoors
Tue Oct 17, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 23
Views: 1620

Re: seeking advice on asset allocation, or is Vanguard crazy

Vanguard's asset allocation calculator recommends a 80/20 retirement portfolio for me based on their series of questions. Their target fund for my age, target 2035, is 80/20. My current AA is 72/28. I know age in bonds has fallen out of fashion, but that recommendation is bonds = age -28! Am I depr...
by Grt2bOutdoors
Tue Oct 17, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Use G Fund Distribution for I Bonds
Replies: 2
Views: 223

Re: Use G Fund Distribution for I Bonds

Don't do it! Leave the funds in the G fund. Why create a taxable situation? It kind of defeats the purpose of the Thrift Plan which is to defer taxes.
by Grt2bOutdoors
Tue Oct 17, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 23
Views: 1620

Re: seeking advice on asset allocation, or is Vanguard crazy

The most important lever in reaching your goal of $3-4 million will not be that of holding an extra 10% in equities, it will be that of how much you can save and continue saving over the next 20 years. You have $550K now, you have 20 years to go, adding another $18K per year is not going to get you ...
by Grt2bOutdoors
Tue Oct 17, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 63
Views: 5169

Re: Vanguard expects "decent sized correction" soon

http://www.marketwatch.com/story/vanguards-boss-has-a-warning-for-a-market-thats-hellbent-on-dow-23000-2017-10-17 “We expect there could be a decent-sized correction at some point,” says Bill McNabb, chairman of Vanguard, which manages $4.5 trillion in funds worldwide, in reference to the record ru...
by Grt2bOutdoors
Tue Oct 17, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Grandparents want to give to grandkids
Replies: 27
Views: 1724

Re: Grandparents want to give to grandkids

They mentioned they would retain control of the money as the custodial until they felt the children were ready to recieve the funds. My understanding of custodial accounts is that at 21 they have full access to the funds regardless of whether or not the custodian deems they are ready for the money....
by Grt2bOutdoors
Tue Oct 17, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Increase Rental Property Debt or Personal Property Debt?
Replies: 4
Views: 333

Re: Increase Rental Property Debt or Personal Property Debt?

Use other people's money (leverage) but leveraging one's own castle (primary residence) should be the last quiver in your bow case to be used. Why risk your home and hearth while leaving your renter's home in a more secured position?
by Grt2bOutdoors
Tue Oct 17, 2017 7:35 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3034

Re: Roth as good as you think?

I am moving money at 64, because at 70 I have to take money out. I ran the numbers with 2.3m I will need to take out 100.000 taxes plus 44000 ss and a small pension. If I die my wife will get hit hard [/u]with tax's maybe up to 28%[/u]. By 75 We will be at about 160000 a years. I'm slowly moving in...
by Grt2bOutdoors
Mon Oct 16, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving American Funds Roth IRA in (Class A Shares Growth Fund).
Replies: 7
Views: 418

Re: Leaving American Funds Roth IRA in (Class A Shares Growth Fund).

Select a Target Retirement Fund that is closest to the year you are planning to retire. Low cost, diversified, allocated for long term growth.
by Grt2bOutdoors
Mon Oct 16, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 17
Views: 510

Re: UTMA accounts

Do they know about it? The monies are technically theirs, it was an irrevocable gift. They don't really know about it. They know we have put aside monies but not how much. We have always said it would be for school, first house and that sort of thing. Thanks again! Chances are then it is ingrained ...
by Grt2bOutdoors
Mon Oct 16, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: EE/Ibonds & Tax Advantaged Space
Replies: 25
Views: 1481

Re: EE/Ibonds & Tax Advantaged Space

My current job that I am working does not offer a 401k, which obviously has me limited with tax advantaged space. Would it make sense for me to slowly shift my bond holdings to EE & I bonds in order to allow me to buy more equities in my IRA? Thanks You could do that. You could also open a taxable ...
by Grt2bOutdoors
Mon Oct 16, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 17
Views: 510

Re: UTMA accounts

Some years ago I populated some UTMA accounts for my kids. At the time it seemed like the right thing to do. However, as they get older I worry about whether they are mature enough to manage that money once they turn 18. In retrospect I think having the accounts turn over at 21 or upon graduation f...
by Grt2bOutdoors
Mon Oct 16, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 529 Savings - Is it enough?
Replies: 28
Views: 2215

Re: 529 Savings - Is it enough?

Decide what sort of college you're willing to pay for (state flagship uni, Harvard, etc.). Then visit that university's website to find out what the current cost of attendance is. Then enter that number along with your current savings and expected future savings into one of many available college c...
by Grt2bOutdoors
Mon Oct 16, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: 529 Savings - Is it enough?
Replies: 28
Views: 2215

Re: 529 Savings - Is it enough?

An alternate strategy is to buy iBonds. If used for college (and you qualify income wise), the interest is all tax free. Only buy in parents' name to stay qualified. If not used for college, you'd only pay federal income tax on the gains....not state. These are more flexible than a 529. The wild ca...
by Grt2bOutdoors
Mon Oct 16, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 5193

Re: Blue collar (or other) roots and your path to financial independence. Steps and tips for others?

I spent about two-thirds of my working years in hourly-paid positions. I graduated (just barely) from an elite, private university, where I learned nothing. My first job after graduation paid $3.75/hour in 1975. For context, minimum wage in 1986 was $3.35/hour. You were doing better, if you were ma...
by Grt2bOutdoors
Mon Oct 16, 2017 7:27 am
Forum: Personal Consumer Issues
Topic: college application section - ec,volunteer,work activities
Replies: 10
Views: 685

Re: college application section - ec,volunteer,work activities

The reality is that most colleges don't really care about EC or other activities. They want your money and will take anybody with a suitable SAT score confirmed by GPA. I wouldn't stress too much about this at all. Colleges also know that if the student is working full-time flipping burgers that th...
by Grt2bOutdoors
Sat Oct 14, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump VHDYX or VTMFX?
Replies: 4
Views: 555

Re: Should I dump VHDYX or VTMFX?

Introduction: I have two index funds VHDYX and VTMFX. Vanguard High Dividend fund is YTD 9.53%. However, I will have to pay taxes on gains and dividends. (aggressive, large cap fund) Vanguard Tax-Managed fund is 9.03%. But it is tax sheltered so I pay less in taxes (less aggressive, moderate balanc...
by Grt2bOutdoors
Sat Oct 14, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2463

Re: wellington fund ( VWELX )

past performance is not indicative of future results. Wellington has an asset allocation of about 64% equities and 36% bonds. Its performance is trailing the Target Retirement 2025 fund (also 64/36) this year by 2.25% which is relatively huge. Shocked! Shocked I say! You are not comparing apples to...
by Grt2bOutdoors
Sat Oct 14, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2463

Re: wellington fund ( VWELX )

learning_head wrote:
Sat Oct 14, 2017 1:44 pm
It's an actively managed fund. If you want to follow advice of Jack Bogle, it should be avoided. Stick with low-cost passively managed ones that follow an index.
Right, especially since he doesn't take his own advice - he (Bogle) owns a good chunk of the Wellington fund!
by Grt2bOutdoors
Sat Oct 14, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 218
Views: 9101

Re: Fellow TDA bogleheads

No problemo, use Vanguard brokerage, Vanguard ETF's galore! :D
by Grt2bOutdoors
Fri Oct 13, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Father passed away - what to do with fund accounts
Replies: 7
Views: 1109

Re: Father passed away - what to do with fund accounts

Sorry for your loss. Make no sudden moves with assets, take some time to grieve and learn. You've come to the right place. As previous poster indicated more information is needed.
by Grt2bOutdoors
Fri Oct 13, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio update
Replies: 3
Views: 285

Re: portfolio update

33 years old single male. All funds with Vanguard retirement funds traditional ira vtwsx-120 ,901 ROTH ira vtwsx 53,858 solo 401k vtwsx 42,556 taxable vtmfx-210,567 vtiax-178,513 vtsax 171,171 Emergency fund 50k Ally earning 1.25 (no penalty c.d) plan on taking next year completely off. since I won...
by Grt2bOutdoors
Fri Oct 13, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Anyone Ever Jackhammered a Concrete Patio?
Replies: 27
Views: 1547

Re: Anyone Ever Jackhammered a Concrete Patio?

More importantly - steel toed safety boots are a MUST, as is hearing protection, a mask, goggles for eyes, thick cushioned gloves. Safety first! You make a mistake with heavy machinery, $6K will look cheap. Go for it.
by Grt2bOutdoors
Fri Oct 13, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2463

Re: wellington fund ( VWELX )

rec7 wrote:
Fri Oct 13, 2017 4:37 pm
It is a great fund but watch the tax bill with it. For some folks it works great.
Works great in a tax deferred account like an IRA or 401k or pension plan.
by Grt2bOutdoors
Fri Oct 13, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage or maintain liquidity for future home improvements
Replies: 10
Views: 1224

Re: Pay down mortgage or maintain liquidity for future home improvements

It makes sense to pay off debt when you have excess liquidity that you do not want exposed to excessive risk based on one's personal threshold AND the alternative lower risk option is yielding less than after-tax cost of your mortgage. Example - you have $30k of mortgage debt with a 3 year duration ...
by Grt2bOutdoors
Fri Oct 13, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2463

Re: wellington fund ( VWELX )

Do you have a specific question?
by Grt2bOutdoors
Fri Oct 13, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

So, let's take a smaller step: If you sell $15,000 of your VTIAX this year, how much of that $15,000 will appear on your tax return? Not sure of the exact numbers yet. I've struggled to find pertinent info on the labyrinthine IRS.gov. to confirm what I've been told here and do my own calculations. ...
by Grt2bOutdoors
Fri Oct 13, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

This is the best explanation I've gotten so far. I will withdraw about $6,972 tax-free this tax year and about the same amount tax-free next year (assuming my income is about the same). I don't think you get it yet. What exactly do you mean by "withdraw about $6,972 tax-free this year" ?? Going by ...
by Grt2bOutdoors
Fri Oct 13, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 39
Views: 4082

November 2017 - New I bond rate?

Can anyone post what the new six month variable rate will be for the Series I savings bond come November 1, 2017?
Does it pay to purchase in October or wait until November? Thanks.....
by Grt2bOutdoors
Fri Oct 13, 2017 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question
Replies: 14
Views: 589

Re: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question

Check with your current bank, holding mortgage. Terms will not be same if you convert it to a rental. Investment properties are treated differently. As to your question about paying off, I would pay off the current home (your future rental). This way you are dealing with less paperwork with a finan...
by Grt2bOutdoors
Fri Oct 13, 2017 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question
Replies: 14
Views: 589

Re: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question

Check with your current bank, holding mortgage. Terms will not be same if you convert it to a rental. Investment properties are treated differently. As to your question about paying off, I would pay off the current home (your future rental). This way you are dealing with less paperwork with a finan...
by Grt2bOutdoors
Fri Oct 13, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Washington DC Trip
Replies: 25
Views: 1575

Re: Washington DC Trip

Viewing all the tourist sites - purchase a Circulator pass at any Metro station, with the bus pass trips are only $1, without pass, it costs $2. You can hop back on the circulator bus within 2 hours of first use, pay zero. Circulator bus (red line) will take you pass the Washington monument, Lincoln...
by Grt2bOutdoors
Fri Oct 13, 2017 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question
Replies: 14
Views: 589

Re: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question

Payoff your castle (home you live in) before you paydown or payoff rental property. The idea is to secure your residence, you let the rental pay for itself until you are in a stronger financial position.
by Grt2bOutdoors
Thu Oct 12, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6199

Re: Best Career Advice for those over "50"

Some may say "keep a low profile", hogwash, make yourself known to colleagues and management alike - some call that networking, others call it being a "team player". Sometimes you need to be careful with this... Getting on the radar screen with management can sometimes lead to extra scrutiny and be...
by Grt2bOutdoors
Thu Oct 12, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5744

Re: How young is too young to retire.

A big part of retirement is about more than just numbers - there is a social aspect whose gap must be filled. Are you prepared to fill it? How will you fill it - while you are home, your neighbors, friends and relatives are out and about working. After a while, home projects dwindle. Don't underesti...
by Grt2bOutdoors
Thu Oct 12, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: For those who prefer mortgages over cash: At what rate would that switch?
Replies: 8
Views: 1476

Re: For those who prefer mortgages over cash: At what rate would that switch?

With current mortgage rates of 3.5-3.75% for 30 years, your after-tax cost would be roughly 2.5%. If you estimate you can earn more than 2.5% safely over the long haul, then it pays to finance a portion of home purchase. If you plan on moving or vacating home before 10 years, would finance part of i...
by Grt2bOutdoors
Thu Oct 12, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6199

Re: Best Career Advice for those over "50"

Make yourself "indispensable" - step up and volunteer for extra assignments, if available. Some may say "keep a low profile", hogwash, make yourself known to colleagues and management alike - some call that networking, others call it being a "team player". Some firms prize individualism, most folks ...
by Grt2bOutdoors
Thu Oct 12, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You can sell $15K to $20K of any long-term "lots" that have a total of about $7K of unrealized capital gains in order to realize about $7K of long-term capital gains and not pay any additional taxes. That is, the $15K to $20K would be tax-free to you I read your detailed post about "specific identi...
by Grt2bOutdoors
Thu Oct 12, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

How did you go to that other website?, I indicated IRS.Gov as the source. Alternatively, you can use Turbotax Caster online, input your specific information and anticipated securities sales and cost basis, it will calculate the tax for you. Adding ten additional dollars of capital gain, will cause y...
by Grt2bOutdoors
Thu Oct 12, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You can sell $15K to $20K of any long-term "lots" that have a total of about $7K of unrealized capital gains in order to realize about $7K of long-term capital gains and not pay any additional taxes. That is, the $15K to $20K would be tax-free to you I read your detailed post about "specific identi...
by Grt2bOutdoors
Thu Oct 12, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Are we taking too much risk with Bonds in our AA?
Replies: 25
Views: 2015

Re: Are we taking too much risk with Bonds in our AA?

You are 60, let's say you live to 84 (avg. Life expectancy), are rates going to rise in lockstep for next 25 years? Are you withdrawing all assets in each of those years (25)? You stand a higher likelihood of experiencing a 10% decline in value of total portfolio than of bonds declining 10% in any o...
by Grt2bOutdoors
Thu Oct 12, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6126

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

Don't know the condition of the homes, but unless they have received a "notice of condemnation" from local building authority imo it would be a mistake to sell to the "vultures".
by Grt2bOutdoors
Thu Oct 12, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate mystery
Replies: 24
Views: 1736

Re: I Bond fixed rate mystery

Doesn't much matter what the Fed is signaling, no one knows what inflation will do in 5, 10, 15, or 20 years. That is the benefit of I bonds, beyond the fact that they are also liquid with minimal or no penalty after 1 year. EE bonds gain you near nothing if you want the money in under 20 years. An...
by Grt2bOutdoors
Thu Oct 12, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate mystery
Replies: 24
Views: 1736

Re: I Bond fixed rate mystery

Maximum was $30K and you could charge them on a credit card. Gill AND, if you bought them at the end of the month you got interest for the entire month. AND, to show the power of compounding. $10,000 worth of $500 I bonds (3.6% fixed component) purchased in June 2000 are worth $27,144 today. :money...
by Grt2bOutdoors
Thu Oct 12, 2017 7:38 am
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4060

Re: Offensive Valuations

Hypothetically, I have a 40 year horizon. I anticipate revenues will continue to rise into the future, way into the future. Purchasing today I anticipate will be the equivalent of buy low, sell high. Problem with all of these calculations are you are looking but just one dot on a big map. Take in th...
by Grt2bOutdoors
Wed Oct 11, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I keep my Stocks?
Replies: 42
Views: 3602

Re: Should I keep my Stocks?

^There is no load or sales charge associated with the Series A class of shares for the State Street Non-Lending S&P 500 Index fund. Literature found indicates the total cost of fund is .03 - that is pretty darn low and representative of institutional level pricing. If you are using this fund, i'd co...