Search found 18975 matches

by Grt2bOutdoors
Thu Nov 15, 2018 4:50 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 46
Views: 2786

Re: Does Early Retirement Make You Live Longer?

dm200 wrote:
Wed Nov 14, 2018 3:13 pm
Probably anecdotal - but I have seen claims that earlier retirement shortens lifespan.

Guys retire - and sit on a recliner watching TV and drinking a lot of beer and junk food.
That^^ + lack of mental stimulation.
by Grt2bOutdoors
Wed Nov 14, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 32
Views: 1833

Re: fuel for snowblower

Ethanol shield - find it in Home Depot. Stuff works great.
by Grt2bOutdoors
Wed Nov 14, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 9
Views: 812

Re: Portfolio decisions as we approach retirement

You’re not going to find it - 7% avg returns with no more than 25% historical drawdown. 2008 threw that out the window for just about any fund holding 60%+ in equities and you’ll need equities to generate anything close to that level of returns. Play with portfoliovisualizer.com, plug in the various...
by Grt2bOutdoors
Wed Nov 14, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 86
Views: 4224

Re: Are you all staying the course?

Steady as she goes, the value ebbs and flows much like the waves at the beach. Looking like this will be a flat to slightly up year. Can’t wait to see who wins this years S&P 500 prediction.

Did buy some international today.
by Grt2bOutdoors
Wed Nov 14, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Teaching young folks how to save for retirement
Replies: 27
Views: 1673

Re: Teaching young folks how to save for retirement

When farmers harvest a crop, they always keep some “seed” corn on the side in case of a future poor harvest. The sun does not always shine, when hard times appear, having resources on the side buffers you from the fallout. When learning about American and World History, there were plenty of examples...
by Grt2bOutdoors
Wed Nov 14, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 38
Views: 1752

Re: Home addition vs. Buying New

No personal experience, but from folks I know who have undertaken such major additions/renovations often encounter large added costs above the original estimates. On the other hand, neighbors on our street successfully doubled the size of their house. +1. Take the contractor estimate and add a 25-3...
by Grt2bOutdoors
Tue Nov 13, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 60
Views: 12454

Re: Murphy's Law Of Retirement

Also, if you stick to a SWR (safe withdrawal rate) or use a variable percentage withdrawal strategy, you should be fine over the long term. Both are discussed at length at bogleheads. Do a search and see. The entire concept of safe withdrawal rates is build around historical sequence of returns ris...
by Grt2bOutdoors
Tue Nov 13, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1098

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

15 percent of gross pay for each. Do it now and thank yourselves in 20 years. When I could not afford to contribute the maximum permitted by IRS, I contributed 15%. That plus any match will set them on a sustainable path to be able to retire. A pension offered by state government paying 60% of final...
by Grt2bOutdoors
Tue Nov 13, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 45
Views: 4163

Re: Is maxing out Tax defered 401(k) enough?

HELOCs should not be thought of as an emergency backstop. Ten years ago, when the stuff hit the fan, the banks saw declines in the underlying value of real estate collateral backing the HELOCs and in lockstep either cut the borrowing limits or eliminated them altogether. If you rely on something to ...
by Grt2bOutdoors
Tue Nov 13, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 25
Views: 6003

Re: The Disaster That Is General Electric Company Stock

This could be a buy opportunity. Much like buying in 09 and selling in 16, you could have doubled your investment while collecting dividends the whole time. While the reduction in dividend is quite a blow, it was probably a smart move. There is also talk of GE breaking up into smaller companies wit...
by Grt2bOutdoors
Tue Nov 13, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 18
Views: 3042

Re: Won a lawsuit after a wrongful death in the family. How to invest?

If you were in your mid-20s, with no family or mentors to speak of, what would you due with the funds? This truly breaks my heart about your situation. First I would tell no one about the money, luckily you can remain anonymous here. Secondly I would attempt to become "adopted" by a family whose va...
by Grt2bOutdoors
Sun Nov 11, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: A Special Kind of Market-Linked CD?
Replies: 14
Views: 719

Re: A Special Kind of Market-Linked CD?

These are FDIC insured. They aren’t great investments, but other forum members are wrong to compare the returns of an FDIC insured CD to the S&P 500. You are the only poster in the thread who is making the comparison of an FDIC insured CD to the S&P 500. Though, when one mentions the name as being ...
by Grt2bOutdoors
Sun Nov 11, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should we drop our manager, for 4-fund portfolio?
Replies: 42
Views: 3513

Re: Should we drop our manager, for 4-fund portfolio?

How much extra value did the investment manager provide versus the benchmark return? How tax efficient is your portfolio? For taxable assets, reallocating should be done on as much of a tax efficient basis as possible. Did you incur any taxable gains in the time you have held this portfolio that req...
by Grt2bOutdoors
Sun Nov 11, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: A Special Kind of Market-Linked CD?
Replies: 14
Views: 719

Re: A Special Kind of Market-Linked CD?

Can someone give me his opinion on the following investment vehicle, and clarify exactly how it works? From what I understand, it guarantees an annual rate of return (the CD portion) in addition to any (partial?) returns of a diversified index ("GS Momentum BuilderMulti-Asset 5 ER Index"): http://w...
by Grt2bOutdoors
Fri Nov 09, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4592

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by Grt2bOutdoors
Fri Nov 09, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: What can I do better?
Replies: 29
Views: 2205

Re: What can I do better?

Sell MS - pay off student loans. Take your monthly student loan payments and open a 529 plan with Utah plan - my529.org or NYS529Direct - nysaves.org. Why are you holding nearly $50k in one equity? How much in gains do you have in Morgan? Are you paying for a college coach? Don’t. Ask your questions...
by Grt2bOutdoors
Fri Nov 09, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement and Asset Allocation
Replies: 20
Views: 1955

Re: Early Retirement and Asset Allocation

Thanks siamond and aristotelian. aristotelian - I did not panic and sell a thing in 2008. In fact I took out a small home equity loan and added to positions.I see your sequencing risk point, however the portfolio is built to yield 5% which is a little more than my 4% WR. Individual companies may cu...
by Grt2bOutdoors
Fri Nov 09, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Need Advice Regarding Where to Put Retirement Funds
Replies: 7
Views: 905

Re: Need Advice Regarding Where to Put Retirement Funds

Over 90% of the return is captured by Institutional Index, but if that’s not good enough for you - Warren Buffett gives it his stamp of approval. I wouldn’t hesitate to just buy institutional index if it were the only choice in the plan.
by Grt2bOutdoors
Fri Nov 09, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Ron Baron Claims He Beats the Markets
Replies: 8
Views: 1142

Re: Ron Baron Claims He Beats the Markets

His Baron Growth fund offers good performance but I balk at paying close to hedge fund pricing in expenses. Good Lord, even Fidelity doesn’t charge those expenses. However I do understand why Ron Baron might charge those expenses, I read in the past he’s thrown some wildly expensive holiday parties ...
by Grt2bOutdoors
Fri Nov 09, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Convinced wife to invest but wants her own accounts
Replies: 22
Views: 3358

Re: Convinced wife to invest but wants her own accounts

I don't understand the "I dont want to have to ask you for money" argument. If its a joint account she will have access to it. The only discussion would be if the money should be withdrawn for whatever purpose. The same conversation should happen with or without joint accounts. It’s a security issu...
by Grt2bOutdoors
Fri Nov 09, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance through Work
Replies: 4
Views: 369

Re: Term Life Insurance through Work

Those are group rates, you might do much better purchasing it on the open market - term4sale.com
What happens if you lose your job, you lose your life insurance - unless there is a portability feature.
by Grt2bOutdoors
Fri Nov 09, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14502

Re: How much money are you leaving your kids after you die?

My wife's parents are at high risk of dementia and struggle with alcohol abuse, yet their retirement plan is to "work until they croak". We've been keeping fully informed on their assets since our mid 20s so that we know how much it will impact us when they're no longer able to keep working. Someth...
by Grt2bOutdoors
Fri Nov 09, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14502

Re: How much money are you leaving your kids after you die?

Our daughter doesn't know our net worth. She asks, but I tell her that my father didn't share that with me until I was well into my 40s/50s, and I'm inclined to do the same with her. Unsure about this ... Not to single out this poster, but does anyone else feel this rubs them the same way as it doe...
by Grt2bOutdoors
Thu Nov 08, 2018 10:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security
Replies: 8
Views: 721

Re: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security

What a coup! Wish I was in dc area to attend.
Sounds like it will be a fantastic presentation. Would you kindly be able to share your findings with the forum?
by Grt2bOutdoors
Thu Nov 08, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Go it alone or stay with wealth management?
Replies: 10
Views: 1282

Re: Go it alone or stay with wealth management?

At age 40, you are pushing it with a 4% withdrawal rate, especially if you want the money to last 50 years. You need a high equity allocation. Lower the withdrawal rate, lower the equities. But first you must ditch the 1.25% advisor, that represents nearly 30% of your first year withdrawal rate.
by Grt2bOutdoors
Thu Nov 08, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8049

Re: 1/3 of Baby Boomers have no retirement savings...

Considering the fact that the Baby Boomer generation is collectively the wealthiest generation of people that have ever lived on planet earth, I'm not sweating their chances at decent retirements too much. Key word here is "collectively." The wealth is not evenly distributed. I saved ferociously an...
by Grt2bOutdoors
Thu Nov 08, 2018 7:16 am
Forum: Investing - Help with Personal Investments
Topic: how do I determine if a company is value or growth?
Replies: 5
Views: 371

Re: how do I determine if a company is value or growth?

Growth - high p/e
Earnings growing at faster than industry pace
High Book to market value


Value - low p/e
Earnings are growing slowly
Low Book to market value
by Grt2bOutdoors
Thu Nov 08, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7325

Re: Do people calculate savings rate on gross income?

Bogleheads: Making Easy Topics Complicated Since Time Immemorial I suggest that % of gross income is the simplest and most intuitive way to perform this calculation (and it also yields the lowest absolute percentage). Perhaps I am mistaken but I do not see or understand the point of calculating it ...
by Grt2bOutdoors
Wed Nov 07, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 82
Views: 9454

Re: Are We In A Real Estate Bubble?

Real estate is local. No bubble where I am. YMMV. No bubble here either. The bubble in Manhattan is deflating, some parts of outer boroughs are in bubble mode but the air is going to get taken out - the selling prices are far above agency conforming standards leaving them to either put more down an...
by Grt2bOutdoors
Wed Nov 07, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 82
Views: 9454

Re: Are We In A Real Estate Bubble?

If it was a bubble, we're already over the top. Prices are dropping and sales are slowing in Salt Lake and Reno, at least based on my experience talking to a limited number of buyers and sellers. Rising interest rates are part of it, flattened incomes are another part. An interesting source of data...
by Grt2bOutdoors
Wed Nov 07, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Time to ditch the financial advisor?
Replies: 17
Views: 2092

Re: Time to ditch the financial advisor?

Taxable account - make the move. Total stock market index - 45% Total international index - 11% Vanguard California Tax Exempt - 44% Or if you don’t mind paying some California income tax on non Cali tax exempt bonds, then hold Vanguard Intermediate Tax Exempt Fund. Rebalance once per year. The abov...
by Grt2bOutdoors
Wed Nov 07, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff Mortgage
Replies: 12
Views: 1492

Re: Payoff Mortgage

500k in MM? Why wouldn’t you pay it all from this fund and keep money in Roth. You can hold MM in Roth and it is just as liquid and you don’t have to pay taxes on the earnings. Tax shelters should be utilized as much as you can. My thoughts exactly. Why would you give up the tax free earnings on th...
by Grt2bOutdoors
Wed Nov 07, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement [what moves to make to reduce risk]
Replies: 6
Views: 928

Re: Retirement [what moves to make to reduce risk]

Put enough in fixed income such that you can sleep at night if the stock market were to take a 5-10 year holiday beginning next month before reopening.
by Grt2bOutdoors
Wed Nov 07, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11613

Re: If expenses are low, are some of us over saving?

The thread on Baby Boomer savings brought this to mind. For a higher earning couple, assuming they’re debt free and have a paid off home at retirement, why not aim to have expenses be at/below the expected Social Security benefit? Assuming that’s ~$3k to cover property taxes, healthcare, food, tran...
by Grt2bOutdoors
Wed Nov 07, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8049

Re: 1/3 of Baby Boomers have no retirement savings...

I'm not following the logic of the chart.. why do the higher incomes need higher multiple of income saved? Are they discounting for the SS bend points offsetting more expenses for the lower income cohort? or something else? I would assume it has to do with lifestyle creep and the thought that the c...
by Grt2bOutdoors
Wed Nov 07, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1408

Re: Penalty of $2300 on 9-month CD held for 2 months?

The CU verified the penalty is correct; however, they are taking responsibility for misinforming me regarding the penalty waiver and will be transferring the withheld amount to my Vanguard Roth IRA. Thanks to the posters who responded and informed me that the penalty amount is indeed valid. I had n...
by Grt2bOutdoors
Wed Nov 07, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: First time invester, help needed please
Replies: 84
Views: 3868

Re: First time invester, help needed please

Ditch Vanguard Dividend Growth - the same equities are held in Total Stock Market and it is not a fixed income fund. Put all your bonds in intermediate term bond, get rid of the cash - you aren’t market timing and you have zero cash needs if you are saving for retirement at age 27, earn that higher ...
by Grt2bOutdoors
Wed Nov 07, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1408

Re: Penalty of $2300 on 9-month CD held for 2 months?

You should read the terms and conditions page carefully- it’s common to take penalties from principal when/if they are due. Earnings has zero (your earnings I must say) to do with it, the financial institution is another matter altogether.
by Grt2bOutdoors
Wed Nov 07, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 36
Views: 4651

Re: E. Jones/Vanguard and now Fisher Investments

I am age 75, no spouse, retired and have a portfolio of about $1.3 million 95% of which is with Edward Jones. This year I expect my EJ "fees and charges" to be about $14,500. With EJ, I have five accounts including an IRA and a Roth IRA plus one annuity which has a CDSC (Contingent Deferred Sales C...
by Grt2bOutdoors
Wed Nov 07, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 36
Views: 4651

Re: E. Jones/Vanguard and now Fisher Investments

Thanks everyone for your respected advice. Quite a range of advice from being in the 'frying pan' to faux recording the conversation to specific advice. I have cut and pasted all of your comments and will develop a question checklist, that is IF I have the meeting. I responded to a phone call and a...
by Grt2bOutdoors
Wed Nov 07, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: How much to donate to local police and fire department?
Replies: 23
Views: 1765

Re: How much to donate to local police and fire department?

My first part of due diligence would be to call both the fire dept and police dept and ask them about the organizations soliciting my money. I have done that. In 26 years of living in my house and years of solicitations, not once has one of these places been legitimate. Same with the phone calls. T...
by Grt2bOutdoors
Tue Nov 06, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12653

Re: Are we in trouble?

The house in Chicago has sat on the market for too long with not enough price reductions. I have a friend that put his place (in Chicago) on the market less than 2 months ago and he has done 2 price reductions of $50k and $25k already (property priced at $750k originally). It still hasn't sold. Mos...
by Grt2bOutdoors
Tue Nov 06, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12653

Re: Are we in trouble?

List th house in Chicago at $699K. That ought to signal that you are serious about selling the home. These less than 5% drops in price reductions aren’t helping you. Figure the house sells for $675k. As for Texas home - can’t go back now, but recommend you read TMND 1997 edition - in Texas buying th...
by Grt2bOutdoors
Tue Nov 06, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Uniform Gift to Minor-How to Invest
Replies: 5
Views: 464

Re: Uniform Gift to Minor-How to Invest

Hello, My son recently turned 21 and took ownership of a uniform gift to a minor from a generous uncle. The fund contains 90% Apple stock and 10% Government Treasuries in an ETF. Is it wise to stay heavily invested in Apple or should he sell some of the apple shares and diversify into an Index base...
by Grt2bOutdoors
Mon Nov 05, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I move from TRP to Vanguard?
Replies: 9
Views: 682

Re: Should I move from TRP to Vanguard?

Yes, managed funds. Of course there are no guarantees, but some of their funds did perform better than the market (for example, Blue Chip Growth). Better than the market over what period? My investment philosophy is based on the notion that over the long run , it is impossible to know if any manage...
by Grt2bOutdoors
Mon Nov 05, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley Fund in Retirement
Replies: 5
Views: 987

Re: Wellesley Fund in Retirement

Thoughts on using only the Vang Wellesley Fund for my retirement account ? What is your objective? If your objective is income with the possibility of some capital appreciation, then it is a suitable fund. Some say active management is a disadvantage, but this is a fund that has stuck to its knitti...
by Grt2bOutdoors
Mon Nov 05, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking a balanced, aggressive portfolio
Replies: 25
Views: 1180

Re: Seeking a balanced, aggressive portfolio

Does anyone own The Bogle 3 fund portfolio? VBMFX – bond fund VGTSX – international stock fund VTSMX – Vanguard Total stock market Curious as to why anyone would own this portfolio if you are A.) Older than 40 B.) Have less than 250k. I would rather grab as many aggressive index funds as possible u...
by Grt2bOutdoors
Mon Nov 05, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking a balanced, aggressive portfolio
Replies: 25
Views: 1180

Re: Seeking a balanced, aggressive portfolio

This is what I have and seeking to hold for the next 20 years. VTSAX - total stock market VFINX- vanguard 500 VTMFX - tax managed VHDYX - dividend fund It is 89% stocks/ 11% bonds. Any recommendations to balance out portfolio to protect my downside in case market tanks again? I had VTTHX, but sold ...