Search found 18122 matches

by Grt2bOutdoors
Mon Jun 18, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Help Retirement implications
Replies: 3
Views: 87

Re: Investment Help Retirement implications

You don’t need to retire, you are putting the cart before the horse as changes are proposed- not set in stone. If anything, I’d think they’d grandfather in existing workers of age 55+, younger and newer workers would be impacted. Your husband can be brought up to speed, start with a book, I’m sure f...
by Grt2bOutdoors
Mon Jun 18, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio
Replies: 11
Views: 816

Re: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio

Total Stock (VTSAX), Total International (VTIAX), and Total Bond (VBTLX) are the only funds I have, but I am not satisfied with their performance. Do you have any other favorite fund you recommend? Also, if I decide to add another fund, when do you think is the best time to add it? should I wait un...
by Grt2bOutdoors
Mon Jun 18, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 72
Views: 5297

Re: Very confused with the current market

I remember Warren buffet once said: buy the dips and value investing. the stock market always go higher due to inflation in the long term, however, should not we buy the dips? Are those crazy tech stocks still value investing ? I am expecting the dips. What is so crazy about some companies whose op...
by Grt2bOutdoors
Mon Jun 18, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 72
Views: 5297

Re: Very confused with the current market

I remember Warren buffet once said: buy the dips and value investing. the stock market always go higher due to inflation in the long term, however, should not we buy the dips? Are those crazy tech stocks still value investing ? I am expecting the dips. Mr. Buffett also does not like to sell holding...
by Grt2bOutdoors
Mon Jun 18, 2018 6:04 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 72
Views: 5297

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? Which fundamental law is that? When was it passed? Stop watching CNBC. Stop reading Barron’s. ...
by Grt2bOutdoors
Sun Jun 17, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Monthly Estimated Cap Gain Distributions
Replies: 3
Views: 456

Re: Vanguard Monthly Estimated Cap Gain Distributions

Does anyone know if the Realized/Unrealized Gains in the Distribution Tab on the fund's profile page is a good estimate for end-of-year capital gain distributions. For example, I have been watching Wellington Admiral and it has been going up every month and as of 5/31/2018, it has a realized gain o...
by Grt2bOutdoors
Sun Jun 17, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 31
Views: 3933

Re: Young and rich

A balanced fund is inappropriate to use as risk of loss is quite real, in 2008, balanced funds declined as much as 20%+. I was the one who offered up 'balanced fund' allocation ranges for the $250K anticipated to be used for a future home purchase. I can certainly see your point of being more conse...
by Grt2bOutdoors
Sun Jun 17, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio
Replies: 11
Views: 816

Re: Adding U.S. Growth Fund Investor Shares (VWUSX) to portfolio

Performance chasing ensures you will pay - either pay more for shares that have already appreciated or pay when sector falls out of favor and you find yourself under performing or pay when tax season rolls around and your actively managed fund distributed taxable dividends and capital gains of earni...
by Grt2bOutdoors
Sun Jun 17, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 31
Views: 3933

Re: Young and rich

I would not say you are lucky - you incurred a loss to receive that inheritance: my condolences on your loss. A down payment to be used in the next 2-5 years belongs in safe, stable assets like a high yield savings account, money market fund, cds or Treasury bills. A balanced fund is inappropriate t...
by Grt2bOutdoors
Sat Jun 16, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 45
Views: 4617

Re: I feel like selling my 3 fund

Keep buying, this is not 1929, 1930, 1931, 1973-1974, 1978, 1981, 1990, 1999, 2000, 2001, 2008, 2009 - keep buying! See how many years were "bad" years, since then there has been 1 World War, Korean War, Vietnam War, recessions, deep recessions, terrorist attack on native soil, financial calamaties ...
by Grt2bOutdoors
Sat Jun 16, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Thought on replacing roof before sale?
Replies: 12
Views: 1115

Re: Thought on replacing roof before sale?

Want to sell house quickly? A new roof is helpful. Let’s say market is hot, the one that needs less maintenance will sell even quicker and maybe for more. Let’s say the market is colder, one that has no deficiencies may sell quicker than as my b-i-l likes to call it “lipstick on a pig”.
by Grt2bOutdoors
Fri Jun 15, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 9
Views: 707

Re: Investment book recommendations?

Hey fellow Bogleheads. Trying to educate myself on investing. What books, audio books and podcasts do you recommend reading / listening too that apply to the normal average middle class investor to retire comfortably? The Little Book of Common Sense Investing by John Bogle 2nd Edition is a good eas...
by Grt2bOutdoors
Fri Jun 15, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2151

Re: Using Wellesley Fund as a bond alternative

In 2008 it went down 9 percent Okay, do you think the maximum the market can go down is 10,20,30,40,50,60,70,80,90 or 100%? In 2008, markets dropped about 50%. Are you saying the max decline is 50%? Markets can go down and stay down for longer than one can stay solvent. You take risk with equities,...
by Grt2bOutdoors
Fri Jun 15, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2151

Re: Using Wellesley Fund as a bond alternative

Hey guys was getting your input on using the Wellesley fund 35:65 stock/bonds as my bond fund. Currently contribute $2500 a month to VTSAX ($30k yearly) and $250 a month to Wellesley which also houses my emergency fund of $30k so around 3k a year to that. I would be able to take the risk of a 10 pe...
by Grt2bOutdoors
Fri Jun 15, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1451

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

Is it a good argument not to fund 529 plan because it will reduce the chance to get financial aid for a family with annual income above $200,000? You are never going to get financial aid if your annual income is above $200,000. Not true. Both of my kids were offered scholarships. A scholarship is d...
by Grt2bOutdoors
Fri Jun 15, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Back to Treasurys...
Replies: 17
Views: 1956

Re: Back to Treasurys...

Money market funds - municipal if you are worried about taxes, the treasury money market fund is about 1.77%.
by Grt2bOutdoors
Fri Jun 15, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: How confident are you with this scenerio?
Replies: 11
Views: 1484

Re: How confident are you with this scenerio?

Enjoy your retirement! Very confident!
by Grt2bOutdoors
Fri Jun 15, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3625

Re: I am STUNNED over how much help my friends recieved with house purchase!

Rent-free does not equal drama-free either. Some parents believe in dictatorship before and after you leave the nest. No free lunch.
by Grt2bOutdoors
Fri Jun 15, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3625

Re: I am STUNNED over how much help my friends recieved with house purchase!

One other thought - IF you save up your own downpayment, IF you do decide to purchase a home, just remember you did it on your own. No one who received down-payment assistance or outright purchase of home by their parents can ever say to your face - we did it on our own! Of course, from time to time...
by Grt2bOutdoors
Fri Jun 15, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1451

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

I disagree with most of the posts here. I certainly would not recommend utilizing an IUL over a 529 plan, but IULs can be an excellent investment vehicle when structured properly. IUL is not for everyone, but for the right person there are many advantages. Stick with the 529 plan. Are you an insura...
by Grt2bOutdoors
Fri Jun 15, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3625

Re: I am STUNNED over how much help my friends recieved with house purchase!

  * How much money have you given your kid(s) for their house purchase? Zero - minors can't legally sign contracts. * How much money should you give your child for this purpose? Can't give what you don't have. * Should your kid(s) save their own money and buy a house on their own? Sure, we did with...
by Grt2bOutdoors
Fri Jun 15, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate to achieve retirement goals?
Replies: 10
Views: 1055

Re: Savings rate to achieve retirement goals?

You need $1,750,000 at a 4% draw to obtain $70K + $30K Social Security. You have $400K today, at a 5% growth rate, you need to contribute $7,027 per MONTH for exactly 120 months or 10 years. You have $400K today, at a 5% growth rate, you need to contribute $3,834.05 per MONTH for exactly 180 months ...
by Grt2bOutdoors
Fri Jun 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3422

Re: Contractor - Threatening Lien/Lawsuit

If he shows up at your house again - call the POLICE!
by Grt2bOutdoors
Fri Jun 15, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3422

Re: Contractor - Threatening Lien/Lawsuit

Rule #1: The best contractor to use is one where they are referred by others who've used them.
Rule #2: Craigslist is not the best source of contractor referrals.
by Grt2bOutdoors
Fri Jun 15, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs based on 1986 life expectancy versus today?
Replies: 23
Views: 1855

Re: RMDs based on 1986 life expectancy versus today?

Don't let the tax ramifications hold you back from spending your assets --- if you need it, use it, you are not taking it with you. The one thing I notice on this forum and i've been guilty of it myself, all of this time worrying about how much to save, how much to spend, how much to not take out - ...
by Grt2bOutdoors
Fri Jun 15, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 137
Views: 8679

Re: Which boglehead rule do you break--and are ok with

I own individual equities. The percentage of portfolio is minority and coming down every paycheck, most of my new investments are indexed only.
by Grt2bOutdoors
Fri Jun 15, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA: Using it for kids college
Replies: 31
Views: 1810

Re: Inherited IRA: Using it for kids college

"Using it for kids college" is mental accounting. Money is fungible so there is no need to use these funds for a particular purpose. How you liquidate the IRA and whether/how to fund the 529 are separate questions. I would just do RMD's as you have proposed, then contribute as much as you can to th...
by Grt2bOutdoors
Fri Jun 15, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2035

Re: 28 with a wife and new baby

1) Having a number of kids. 2) Dropping income with SAHM 3) Possibly paying a nanny FI in the next 10 years. Sorry. Not sure why nobody has simply said that this is absolutely not possible. Unless you become head of a department at the college and consult at $1,000 an hour or inherit $5MM...... +1,...
by Grt2bOutdoors
Fri Jun 15, 2018 6:32 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

He is getting a lot of people to clean up their debt and start investing. His 'show' is entertaining and uplifting. If his followers follow his advice and do active funds, most would be far better off than if they never ran into him to begin with. Except that the American Funds that he recommends h...
by Grt2bOutdoors
Fri Jun 15, 2018 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA: Using it for kids college
Replies: 31
Views: 1810

Re: Inherited IRA: Using it for kids college

What does your spouse want to do with the money? Although, I am against sentimental and emotional attachments to money, maybe your spouse is not? If you are going to move the IRA money to 529 plans, then I suggest that you open new ones AND your spouse is the owner and not you. Of course, the gains...
by Grt2bOutdoors
Thu Jun 14, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Cash, getting to it
Replies: 8
Views: 917

Re: Cash, getting to it

Put half in equities, put half in highly liquid treasury bills, cds and savings. At least this way you’ll be half right all of the time.
by Grt2bOutdoors
Thu Jun 14, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2304

Re: Question for those who used 529 plans

With all due respect, How's OP's question any different from asking something like... "I just opened a brokerage account. they say it may lose value, but I have also heard that equities are important for long term growth.. what is your experience? Is it worth it? Please be detailed in your answer a...
by Grt2bOutdoors
Thu Jun 14, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Lower the price enough that you generate traffic and you too can sell a house. What I’d like to know is if the sellers are happy to get that price or just want to offload the house.
by Grt2bOutdoors
Thu Jun 14, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2304

Re: Question for those who used 529 plans

We put a ton of money in my DS's plan in 2012 when he was in 9th grade. Since we were getting close to high school, we just put it in the "guaranteed fund" and it has made maybe 2% per year. Wasn't willing to risk losing his college fund during a short time period. If you select a similar plan, you...
by Grt2bOutdoors
Thu Jun 14, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today

Ramsey's firm charges advisers/Tax/Real Estate a fee to be an Endorsed Local Provider (ELP). For that reason, all his investment ELPs are brokers that sell American Funds. Also they have to take every client that is sent, no account minimum. While American Funds are ok, since his ELP kickback schem...
by Grt2bOutdoors
Thu Jun 14, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 23
Views: 1713

Re: Why do we need 529?

One can save over $400,000 in a 529 plan; just try that with a ROTH IRA.

One can withdraw principal from a ROTH IRA, one CAN NOT withdraw earnings from a ROTH IRA unless you are age 59.5. Will you be age 59.5 when child goes to school?
by Grt2bOutdoors
Thu Jun 14, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2304

Re: Question for those who used 529 plans

I have 3 529s, one for each granddaughter. Started them right after each kid was born with an initial contribution and add to it each year on their birthdays. Kids are now 14, 12 &10. The have the moderate age-adjusted plans (similar to VG Target Retirement plans). All 3 are in positive territory. ...
by Grt2bOutdoors
Thu Jun 14, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Late to the party, looking for some advice
Replies: 18
Views: 2147

Re: Late to the party, looking for some advice

For military-specific advice, have you double checked to make sure that you have no further military benefits? Did you use the old GI bill, or the post 9/11 one? I used the old GI Bill, and it was very helpful I might add. I have also recently opened a claim with the VA after 20 years. I was retire...
by Grt2bOutdoors
Thu Jun 14, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 33
Views: 2193

Re: Role of Annuity For Savers Who have 20+ years until Retirement

OP - Do you have a need for income TODAY? If not, DO NOT PASS GO!! The only annuity you should consider purchasing is when you need income, the name of that annuity is SINGLE PREMIUM IMMEDIATE ANNUITY (SPIA). If you are saving for retirement, the best vehicles are: 401K Plan ROTH Ira Traditional IRA...
by Grt2bOutdoors
Thu Jun 14, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Mid 50s couple looking for a Portfolio Health Check up
Replies: 17
Views: 2291

Re: Mid 50s couple looking for a Portfolio Health Check up

Wow scary but great perspectives. Some questions on 401k and IRA. Thank you all I knew I will not be disappointed. This is gold. Is it 24.5k individually or combined that we can save in 401k? Someone who is age 50+ can contribute $18,500 + $6,000 catch-up or $24,500 on an individual basis. A couple...
by Grt2bOutdoors
Thu Jun 14, 2018 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Russell 2000 Opinions
Replies: 8
Views: 628

Re: Russell 2000 Opinions

Don’t look at p/e, what is price to book?
by Grt2bOutdoors
Wed Jun 13, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

I just heard a podcast where he advised a young caller who had no money not to take out $120k in student loans to become a registered nurse in LA. I think that was poor advice. I don't. Less than half of americans that start college finish. ..but their debt stays with them. That is a poor success r...
by Grt2bOutdoors
Wed Jun 13, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

I agree that most will be better off. It's just sad that someone with so much exposure to millions of people is herding them toward high fee financial advisors, giving highly questionable investment advice, and espousing 8% portfolio withdrawals in retirement. Most of these people will probably nev...
by Grt2bOutdoors
Wed Jun 13, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1451

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

Agree with all the other posters but wanted to respond to the comment that college will cost "$550,000" in 12 years. This depends upon where your buttercup attends college. Current costs are about this: low end of ~20K (tuition only; live at home; community college first), ~100K for a four-year sta...
by Grt2bOutdoors
Wed Jun 13, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1451

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

Recently, a financial adviser recommended to use indexed universal life (IUL) instead of 529 plan to fund college tuition at a seminar. Her argument is that 1) IUL is qualified tax free (7702 cash value insurance) investment that can be used for multiple purposes including college funding. 2.a) bal...
by Grt2bOutdoors
Wed Jun 13, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1451

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

Of course, IUL makes perfect sense - for the financial adviser waiting to pay for her own kid's college education. Those FAT commission checks are gonna pay for juniors - freshman, sophomore, junior and senior year. Your kid, eh, sorry you're on your own. :twisted: Good Luck though, you are going to...
by Grt2bOutdoors
Wed Jun 13, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Why? 120K sounds excessive to get a degree in nursing. Are there not any community colleges in California? Is the young caller really going to get a better job with a $120,000 degree than a $15,000 degree? Umm, we are talking about a registered nursing degree, no community college is going to get y...
by Grt2bOutdoors
Wed Jun 13, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Why market drop when Fed announced rate increase?
Replies: 19
Views: 2472

Re: Why market drop when Fed announced rate increase?

Buy the rumor, sell the news.
Market's been rising leading into the announcement, they sell into the news.
by Grt2bOutdoors
Wed Jun 13, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 124
Views: 9115

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

I just heard a podcast where he advised a young caller who had no money not to take out $120k in student loans to become a registered nurse in LA. I think that was poor advice. Why? 120K sounds excessive to get a degree in nursing. Are there not any community colleges in California? Is the young ca...