Search found 20290 matches

by Grt2bOutdoors
Mon Jun 24, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 59
Views: 3863

Re: How did you lower your annual expenses?

Easy peasy: Foreclosure, bankruptcy, live in your car. Boom, expenses reduced! That was the story of my life in 2007-08. Now, I have the opposite problem: I refuse to enjoy the money I earn because I’m too stingy. I’m trying to talk myself into buying something to sit on to put in my living room, l...
by Grt2bOutdoors
Mon Jun 24, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 59
Views: 3863

Re: How did you lower your annual expenses?

KlangFool wrote:
Mon Jun 24, 2019 8:27 pm
OP,

1) I do the "Pay Yourself First" saving method. I auto deduct all my savings from my paycheck. Then, I spend the rest.

2) This works if you did not overspend on your house.

KlangFool
And you have no healthcare issues requiring you to dedicate more of your resources there.
by Grt2bOutdoors
Mon Jun 24, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 59
Views: 3863

Re: How did you lower your annual expenses?

More cooking at home; much less at restaurants. Do not buy wine/liquor with your meals purchased outside the home, for price of 1 glass you can buy the bottle for your house. Biggest profit margins are in the beverage portion of menu. Pack your lunch from home. They talk about the latte factor but h...
by Grt2bOutdoors
Mon Jun 24, 2019 2:58 pm
Forum: Personal Investments
Topic: Non traded BDC help
Replies: 6
Views: 310

Re: Non traded BDC help

I inherited a small position (10k) in a non traded BDC. As you can imagine this investment has lost half its value since it was bought and, being non liquid, has been near impossible to cash out. I learned today this company is merging with another and is essentially frozen for an indefinite period...
by Grt2bOutdoors
Mon Jun 24, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer private equity investments? Thoughts?
Replies: 66
Views: 5459

Re: Vanguard to offer private equity investments? Thoughts?

hdas wrote:
Sun Jun 23, 2019 8:16 am
Bitzer wrote:
Sun Jun 23, 2019 7:01 am
This news item is reported in the online edition of today's Wall Street Journal
It’s about time. This is a win for the little guy :greedy
When the little guy gets in, the smart money gets out. Guess who’s going to be left holding the bag?
by Grt2bOutdoors
Mon Jun 24, 2019 6:15 am
Forum: Investing - Theory, News & General
Topic: what is N/A debt to equity ratio?
Replies: 6
Views: 456

Re: what is N/A debt to equity ratio?

Calculate it, if you can’t find it.
by Grt2bOutdoors
Sun Jun 23, 2019 9:40 pm
Forum: Personal Investments
Topic: Emergency Fund AA
Replies: 18
Views: 1276

Re: Emergency Fund AA

3 months expenses in Rewards Checking - 3.00% APY 2 months in iBonds - either in one shot or 5k per month consecutive. 3 months short-term CDs - 2.2-2.6% 4 months either Ally Savings or VMMXX Looks good, just remember that I bonds are totally illiquid for the first 12 months. I don't believe there ...
by Grt2bOutdoors
Sun Jun 23, 2019 7:53 pm
Forum: Personal Investments
Topic: Heavy concentration in Electric Utilities
Replies: 20
Views: 1606

Re: Heavy concentration in Electric Utilities

Mom owned some Arizona Power and Light shares that failed to continue to do well. The business assets may have survived some type of failure, but ceased paying dividends, or perhaps the surviving value was just the reciprocal of the dividend percentage. Something went wrong with the shares of that ...
by Grt2bOutdoors
Sun Jun 23, 2019 6:37 am
Forum: Personal Investments
Topic: Heavy concentration in Electric Utilities
Replies: 20
Views: 1606

Re: Heavy concentration in Electric Utilities

Thanks for your comments, the rest of the story is I’ve been in the market for over 50 years, total ROI has been superior in this sector, both in high and low fed rates. I know this sector very well, and have also had index funds for a 15 years and been a boglehead very early on, more so than a Lyn...
by Grt2bOutdoors
Sat Jun 22, 2019 3:08 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2071

Re: Best fixed income instrument for 150K in taxable acct

LLQD and move on. Holding correlated assets is a sure-fire way to increase your ability to sleep well at night, especially in the first 3 years of retirement. Why does the correlation matter if he's using the income stream for retirement? At 4% distribution paid by LLQD, that's about $6,000 a year ...
by Grt2bOutdoors
Sat Jun 22, 2019 2:52 pm
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 4739

Re: Worried about the future/not saving enough

How much disposable income do you have each month? Can you redirect some of that to reduce the $50k of mortgage debt? Stop reading the newspaper on global market events. It’s not helping you - no one knows anything. I was a few blocks away when 9/11 happened in NYC, it was devastating in more ways t...
by Grt2bOutdoors
Fri Jun 21, 2019 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Where to go to finance equipment
Replies: 4
Views: 567

Re: Where to go to finance equipment

Other banks not listed: PNC, Santander, Huntington, Bank of the West, CIT (non-bank financial), M&T Bank, City National
by Grt2bOutdoors
Fri Jun 21, 2019 7:40 pm
Forum: Personal Investments
Topic: Portfolio-Investment-Help
Replies: 6
Views: 421

Re: Portfolio-Investment-Help

Thank you so far for your responses. I've updated the original post, hopefully, to better answer the questions. I need to read the boglehead wiki links and investigated my wife's possible 403(b). After that re-align the portfolio to better align with wiki info. However, and I knew this would come u...
by Grt2bOutdoors
Fri Jun 21, 2019 7:32 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2071

Re: Best fixed income instrument for 150K in taxable acct

ericcohen wrote:
Fri Jun 21, 2019 6:43 pm
LLQD and move on.
Holding correlated assets is a sure-fire way to increase your ability to sleep well at night, especially in the first 3 years of retirement.
by Grt2bOutdoors
Fri Jun 21, 2019 7:28 pm
Forum: Personal Investments
Topic: How did you overcome your fear of investing?
Replies: 33
Views: 2272

Re: How did you overcome your fear of investing?

I am new to this site, and I would like some reassurance. I am middle-aged, and a decent saver, earner, and retirement investor. I max out tax-advantaged accounts, and invest in an age-appropriate mix of stock and bond index funds. Objectively, I have an 80% solution. Yet reviewing my portfolio and...
by Grt2bOutdoors
Fri Jun 21, 2019 6:24 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2071

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. Better suggestion - create a 3 year...
by Grt2bOutdoors
Fri Jun 21, 2019 6:21 pm
Forum: Personal Consumer Issues
Topic: Boglehead Botanists: Is it a tree, shrub or weed?
Replies: 10
Views: 835

Re: Boglehead Botanists: Is it a tree, shrub or weed?

Possibly something in the Viburnum family. Does it flower in the spring? No flowers in the spring. I was hoping for something interesting like that. Eastern hophornbeam. http://www.missouribotanicalgarden.org/PlantFinder/PlantFinderDetails.aspx?kempercode=l330 http://www.missouribotanicalgarden.org...
by Grt2bOutdoors
Fri Jun 21, 2019 5:08 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2071

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. Better suggestion - create a 3 year...
by Grt2bOutdoors
Fri Jun 21, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon/Death Valley in October
Replies: 17
Views: 1052

Re: Grand Canyon/Death Valley in October

Wide brimmed hat
Sunscreen - high spf
Goes without saying - plenty of water, one small bottle will not do. Go on national parks service for pointers about weather conditions.
by Grt2bOutdoors
Fri Jun 21, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1005
Views: 266750

Re: Share your net worth progression

looking wrote:
Thu Jun 13, 2019 4:48 pm
i was homeless, now im now a flagsgip member
That's inspiring. But even if you were not a flagship member, still inspiring that you could overcome such obstacles. Cheers to you! :sharebeer
by Grt2bOutdoors
Fri Jun 21, 2019 11:19 am
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 209
Views: 8142

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

I paid off my house when I was 36 banked the former payment and bought my next house cash. Now worth about 2+ million in my mid 40's. I dont know if that was right or wrong but most of the people that dispense financial advice to me aren't worth as much as me at this age. You can talk about what-if...
by Grt2bOutdoors
Thu Jun 20, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica
Replies: 42
Views: 2970

Re: Vanguard won't service the annuities in a year?

Upon opening Vanguard.com tonight I see this FAQ.. Any thoughts anyone? https://investor.vanguard.com/annuityfaq They are getting out of the “back office” business.This is likely a “profitability issue” as much as it is a management issue to focus on their core competency of investment management a...
by Grt2bOutdoors
Thu Jun 20, 2019 3:42 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 762
Views: 97849

Re: Did I Make it or no?

Is it typical to include the value of your house in your net worth or no? If it is, then I think we just joined the 2 comma club (well for today anyways :D )! If not then we have $250k to go :? . My wife and I are only 39 so I know that being heavily invested in equities we could see a significant ...
by Grt2bOutdoors
Thu Jun 20, 2019 3:34 pm
Forum: Personal Investments
Topic: What should be my next investing move?
Replies: 7
Views: 1033

Re: What should be my next investing move?

Him 53 yr, Her 56 yr, USA, LCOL gross income gross inc. Him Her job#1 26,480 26,800 job#2 18,590 Rental inc 4,000 net after expenses but not taxes investments/savings Him, 7037, Roth IRA Vanguard Him 47,523 Roth IRA Valic Her 18,587 Roth IRA Vanguard Her 13,716 Trad. IRA Vanguard saving account 40,...
by Grt2bOutdoors
Thu Jun 20, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: I'm still young but...
Replies: 31
Views: 4105

Re: I'm still young but...

Does anyone remember a stock market like this? We just got a new ath and everyone everywhere is very pessimistic about the future. In my relatively short time frame of investing I have never seen the market march higher and higher with everyone betting against it. Shouldn't we be in the FOMO stage ...
by Grt2bOutdoors
Thu Jun 20, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage - what to expect?
Replies: 46
Views: 4168

Re: Paying off my mortgage - what to expect?

In the first or second month after you pay it off use the money you would have paid for the mortgage and take your friends out for a great night on the town. Fancy dinner, maybe a show, whatever. Our friends did this with their school loan payment and everyone still talks about what a great night i...
by Grt2bOutdoors
Thu Jun 20, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Another Can I retire Post? - Age 58
Replies: 22
Views: 2908

Re: Another Can I retire Post? - Age 58

How is your current health? What has been the average longevity in your side of the family, for males? The life expectancy your wife quoted is based on the average, 50% die earlier, 50% live longer. No one including me knows the future, but if you do a few things right and bearing any unforseen con...
by Grt2bOutdoors
Thu Jun 20, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage - what to expect?
Replies: 46
Views: 4168

Re: Paying off my mortgage - what to expect?

In the first or second month after you pay it off use the money you would have paid for the mortgage and take your friends out for a great night on the town. Fancy dinner, maybe a show, whatever. Our friends did this with their school loan payment and everyone still talks about what a great night i...
by Grt2bOutdoors
Thu Jun 20, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: Why are 1 month t-bill rates low?
Replies: 10
Views: 1122

Re: Why are 1 month t-bill rates low?

I guess a better question is.. Banks can earn interest from the Federal Funds Rate by depositing money at the fed (I think?). Why not store your money at a bank instead? Is it just because T-Bills are more liquid? Maybe the complexity of dealing with spreading your funds around many banks to keep F...
by Grt2bOutdoors
Thu Jun 20, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Another Can I retire Post? - Age 58
Replies: 22
Views: 2908

Re: Another Can I retire Post? - Age 58

How is your current health? What has been the average longevity in your side of the family, for males? The life expectancy your wife quoted is based on the average, 50% die earlier, 50% live longer. No one including me knows the future, but if you do a few things right and bearing any unforseen cond...
by Grt2bOutdoors
Wed Jun 19, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: Why are 1 month t-bill rates low?
Replies: 10
Views: 1122

Re: Why are 1 month t-bill rates low?

Today the fed decided to keep rates at 2.25% to 2.5%. Looking at the treasury yield curve site , the yield for the 1 month has fallen from 2.36% at the beginning of the month to 2.18% yesterday. I expected this was because investors anticipated the fed would cut rates. However they decided not to d...
by Grt2bOutdoors
Wed Jun 19, 2019 3:28 pm
Forum: Personal Investments
Topic: Tempted to market time bond fund
Replies: 15
Views: 1287

Re: Tempted to market time bond fund

And now, to many peoples’ surprise, there is talk of actually lowering interest rates again... A series of rate cuts over the next year or two has been the consensus view for the past five months at least. The rest of the world is cutting rates to zero and below. We aren't the rest of the world, we...
by Grt2bOutdoors
Wed Jun 19, 2019 3:26 pm
Forum: Personal Investments
Topic: Pay Down Mortgage vs. Investing
Replies: 10
Views: 1672

Re: Pay Down Mortgage vs. Investing

I currently own two properties, both associated with my business - farming. One property I own outright (valued at around $325K), the other I purchased 7 years ago that currently has about $118K left on the mortgage at a fixed rate of 4.125%. We have 9 years left on the mortgage. I am pushing 50 an...
by Grt2bOutdoors
Wed Jun 19, 2019 3:10 pm
Forum: Personal Investments
Topic: Tempted to market time bond fund
Replies: 15
Views: 1287

Re: Tempted to market time bond fund

Good luck trying to time the bond market. Financial institutions try it on a tick by tick basis, and they aren't having much luck.
When you come up with the secret sauce, let us know, let the banks know too so they can jettison their entire bond desk and automate the process instead.
by Grt2bOutdoors
Wed Jun 19, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: happy when the market is down - want to understand
Replies: 42
Views: 3405

Re: happy when the market is down - want to understand

I want to understand when people say investors in the prime of their careers should be happy when the market dips because they can buy stocks cheaper. So let's just for round numbers say a person has $100,000 in a Total Stock Market Index and is making $50,000 / year and is investing $1,000 per mon...
by Grt2bOutdoors
Wed Jun 19, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 37337

Re: How Bad was 2008, really?

Reichman has his name inscribed on the 2nd floor marble floor landing as you look upon the large palm tree foyer of World Financial Center, now known as Brookfield Place.
by Grt2bOutdoors
Tue Jun 18, 2019 4:37 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 218
Views: 19507

Re: Suggestion for updating "Asking Portfolio Questions" thread

Another way, although more punitive, is simply not to respond to folks who are unable to make an effort to follow instructions. I am married to someone like that, so I am used to responding and creative in creating nudges. LOL! I need to follow your lead.....here on the site. Thankfully, my spouse ...
by Grt2bOutdoors
Tue Jun 18, 2019 4:35 pm
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 3978

Re: Advice for young married couples: PLEASE HELP!

I don't know why that seems so far-fetched to you. For us, we married at about age 30, we'd separately been living in apartments for 10 years, and wanted a house. We could get a fixer-upper in a decent neighborhood, closed on it when we got back from the honeymoon. Obviously if somebody overextends...
by Grt2bOutdoors
Tue Jun 18, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 37337

Re: How Bad was 2008, really?

Bad enough that I’m always perplexed by people hoping for a crash (to buy cheaper stock). Those people don’t have retired parents/grandparents? They believe they’re immune from losing their own job, no matter what happens? Add me to the perplexed. That's because "these people" think they are a) dif...
by Grt2bOutdoors
Tue Jun 18, 2019 4:27 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 218
Views: 19507

Re: Suggestion for updating "Asking Portfolio Questions" thread

Other than highlighting by bolding, underlining, or using a color font I don't know how to get people to follow instructions. I proposed giving Examples of two ways. I am pretty sure it will increase following instructions at least to #1 issue. It is easy to put 2 examples in, costs Bogleheads.org ...
by Grt2bOutdoors
Tue Jun 18, 2019 8:05 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 37337

Re: How Bad was 2008, really?

It was so bad that those with 3-6 months of expenses saved as an e-fund were sweating it, there were very very few jobs to be had.
by Grt2bOutdoors
Mon Jun 17, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 11301

Re: With hindsight, what signs indicated you were about to lose your job?

rantk81 wrote:
Mon Jun 17, 2019 2:00 pm
samsoes wrote:
Mon Jun 17, 2019 1:33 pm
the nickname for the HR rep was changed from "the angel of death" to "the angel of mercy."
We called ours "hatchet-lady". Whenever we saw her on-site on a Monday, we knew something was going to be happening that week!
Ours was “grim reaper”. When he smiled at you, your time was up!
by Grt2bOutdoors
Mon Jun 17, 2019 7:20 pm
Forum: Personal Investments
Topic: Investment gift for my 1 year old son
Replies: 11
Views: 1086

Re: Investment gift for my 1 year old son

Open a 529 plan. Invest it in an age-based allocation. Suggest an age based aggressive or moderate type option.

If your state offers a direct plan with low expenses and a tax deduction, then go with that. Otherwise, take a look at NYS529Direct Plan, Utah529 plan, or Vanguard plan.
by Grt2bOutdoors
Mon Jun 17, 2019 1:31 pm
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 3978

Re: Advice for young married couples: PLEASE HELP!

Put your money in one pot. The money goes in and goes out of the same pot for paying family expenses: rent, taxes, car, utilities, clothing, food, health, vacations. If you can not trust each other with a jointly held bank account and checking account, do not get married to each other. Money is one...
by Grt2bOutdoors
Mon Jun 17, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5507

Re: 5 Million Into Fixed Income

Wow. I really come at this from a different perspective. If the person took the whole 10 million and put it into S&P 500 he would get about 2% in dividends which is very close to the yield on the 10-year note. The S&P 500 has a p/e of 16.5 going forward - close to the average, maybe a bit higher. B...
by Grt2bOutdoors
Mon Jun 17, 2019 9:50 am
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 3978

Re: Advice for young married couples: PLEASE HELP!

Put your money in one pot. The money goes in and goes out of the same pot for paying family expenses: rent, taxes, car, utilities, clothing, food, health, vacations. If you can not trust each other with a jointly held bank account and checking account, do not get married to each other. Money is one ...
by Grt2bOutdoors
Mon Jun 17, 2019 9:42 am
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5507

Re: 5 Million Into Fixed Income

I would just use a bond fund, probably treasuries if I am that worried about default. Could also hold a ladder of bills/notes/bonds of your own. Fund is nice since the interest can automatically be reinvested, but the ladder or rolled option avoids expenses. Taken to an extreme, giant institutional...
by Grt2bOutdoors
Mon Jun 17, 2019 9:37 am
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5507

Re: 5 Million Into Fixed Income

Wow. I really come at this from a different perspective. If the person took the whole 10 million and put it into S&P 500 he would get about 2% in dividends which is very close to the yield on the 10-year note. The S&P 500 has a p/e of 16.5 going forward - close to the average, maybe a bit higher. B...
by Grt2bOutdoors
Mon Jun 17, 2019 9:23 am
Forum: Personal Investments
Topic: Where to Invest 2k - 4k a month
Replies: 12
Views: 1473

Re: Where to Invest 2k - 4k a month

Thanks. Currently we have a traditional and roth iras. Then we have a rollover account with Fidelity and one with Charles Schwab. We are finding that some accounts are doing consistently better than others. Any thoughts on what funds to put the money in these accounts with? Also, what would be your...
by Grt2bOutdoors
Mon Jun 17, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 11301

Re: With hindsight, what signs indicated you were about to lose your job?

Working at a megacorp, the big clues are when your boss stops giving you new work, or assigns someone else to work with you and learn your job Let me add some to your list: Management uses fancy words like “transformation” or “efficiency”. Your company gets a new CEO or President looking to make a ...