Search found 17433 matches

by Grt2bOutdoors
Thu Feb 22, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Time for twins to go to daycare
Replies: 23
Views: 1335

Re: Time for twins to go to daycare

Consider this: joint account- all money goes in, from that you each get X dollars to spend AFTER mortgage, home insurance, health care, food, clothes (necessities), daycare, baby needs, savings. You need to put priorities in order (not saying you are not), very difficult to keep track who is paying ...
by Grt2bOutdoors
Thu Feb 22, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 25
Views: 1876

Re: Young Investor: Investing In A Bear Market

The market looks worrisome? Jump up, clap, hoot, holler, celebrate - stocks are going on sale! Who doesn’t like buying things for cheap when they have a long time horizon? Never met a person who wanted to pay full price. Why should you be any different? And even if prices remain the same for ten ye...
by Grt2bOutdoors
Thu Feb 22, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Need to liquidate my PBA Brokerage Account
Replies: 4
Views: 202

Re: Need to liquidate my PBA Brokerage Account

Move it - sure there is a risk you may miss out on a 10% move upwards, but over the next 30 years, it's highly unlikely that it will be a significant factor in preventing you from being able to retire. It's a blip that will be erased by subsequent increases in the market and continual contributions....
by Grt2bOutdoors
Thu Feb 22, 2018 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 25
Views: 1876

Re: Young Investor: Investing In A Bear Market

Your investment horizon is not 25 or 30 years, it’s 55-60 years! Why? Because you are not going to withdraw all of your assets on Day 1 of retirement to plunk it into inflation ravaged cash. Some portion of your assets need to be continually invested to stay ahead of inflation - equities are your be...
by Grt2bOutdoors
Wed Feb 21, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Advice
Replies: 6
Views: 234

Re: 401k Advice

I would take 5% of your S&P 500 allocation and put it in the Principal S&P 600 index fund. At .17 bps the incremental cost is less than .0001. Small caps can be more volatile but may have higher rates of growth. Since you don’t have a total market fund available, you can create it holding a mix of l...
by Grt2bOutdoors
Wed Feb 21, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: How am I really doing for retirement savings?
Replies: 11
Views: 944

Re: How am I really doing for retirement savings?

Save a minimum of 15% of your gross salary (not including your employers match, if any). You and spouse need to decide needs vs. wants. Each is different for people, that's why its called personal finance. When your income increases/expenses decrease, ramp up the savings. Everything in moderation. M...
by Grt2bOutdoors
Tue Feb 20, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 1897

Re: House rewiring - cost of copper

It’s BS! The sales guy is trying to drum up business now. If you want to know the price - ask the rep what kind of wiring they will use. Chances are they are using Romex or armor cabling. Head over to Home Depot, look at the rolls of wiring - one is white, second is yellow, heavy duty wiring used fo...
by Grt2bOutdoors
Tue Feb 20, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 137
Views: 11631

Re: Retirees: The common sense withdrawal method

YMMV. YvehiclesMV. We use a FundingRatio (FR). Expenses = Income. Our Income is determined what the vehicle provides: Recurring: SS pays something. Pension pays something. None asset based. Mostly Recurring, Discounted: Rental Income. About 3-6% ROI depending on vacancies. To Be Recurring and Mostl...
by Grt2bOutdoors
Mon Feb 19, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6726

Re: Sell me on the benefits of an emergency fund

The market closes for 6 months. No sales, no purchases. :twisted: You lose your job, no severance given. :twisted: Unemployment insurance pays 25% of your monthly expenses. :( How do you get cash? if the market ever closed for that long it would be the collapse of the financial system as we know it...
by Grt2bOutdoors
Mon Feb 19, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6726

Re: Sell me on the benefits of an emergency fund

The market closes for 6 months. No sales, no purchases. :twisted:
You lose your job, no severance given. :twisted:
Unemployment insurance pays 25% of your monthly expenses. :(

How do you get cash?
by Grt2bOutdoors
Mon Feb 19, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 3826

Re: Sequence of returns risk while accumulating

+1 Great write-up.

Cliff Notes Version:

1) Save more.
2) Expect less.
3) There is no free lunch.
4) Keep working.
by Grt2bOutdoors
Sun Feb 18, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9066

Re: Do you wear a wedding band? [at a job interview]

After receiving a PM from the OP, I retitled the thread to clarify the intent. "Do you wear a wedding band during a job interview?" This thread is now unlocked to continue the discussion. Please stay focused on the work environment. Thanks. I edited the OP. The primary reason I asked was job interv...
by Grt2bOutdoors
Sun Feb 18, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9066

Re: Do you wear a wedding band?

In my experience married men who don't wear wedding rings don't want women to know they're married. Sometimes women are more interested in men with wedding rings. :twisted: I have experienced that. Yes, I do wear mine except when I am working with tools or in the garden where scratching and gouging...
by Grt2bOutdoors
Sun Feb 18, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 2840

Re: Which book for an 18 year old who is asking about investing?

Another vote for The Little Book of Common Sense Investing- John Bogle. And The Millionaire Next Door. +1. I haven't read either, but I can assure you, both are gems. I have, the first will show you the how and why of low cost sensible investing, the second will tell you which behaviors to emulate ...
by Grt2bOutdoors
Sun Feb 18, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 2840

Re: Which book for an 18 year old who is asking about investing?

Another vote for The Little Book of Common Sense Investing- John Bogle. And The Millionaire Next Door.
by Grt2bOutdoors
Sat Feb 17, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4876

Re: Best plants to grow to save money for food costs

Grow your own oregano, let them bloom, then before fall, cut them to hang and dry before rubbing the dry flakes onto a clean cloth and into your container. Following year, the plant will regrow again without need to plant. If you live in a warm to hot climate, plant a fig tree. Can’t stand idea of p...
by Grt2bOutdoors
Sat Feb 17, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

Around 20 years ago, my parents told me that they'd give me $8000/year for four years of college. The rest was up to me. I'll probably do something similar for my kids. Adjusted for inflation, no? Otherwise $32k might buy them 1/2 a semesters payment if your lucky. $32k would pay for a full semeste...
by Grt2bOutdoors
Sat Feb 17, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Company Growth K vs Vanguard Primecap Admiral...or other?
Replies: 1
Views: 322

Re: Fidelity Company Growth K vs Vanguard Primecap Admiral...or other?

Use the www.portfoliovisualizer.com tool, while past performance is no guarantee of future performance, manager of Fidelity Growth Company has a steady hand since taking over fund in 1990. I would hold it, even with the implied volatility. Use the tool, even after higher expenses you’ll see few if a...
by Grt2bOutdoors
Sat Feb 17, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

market timer wrote:
Fri Feb 16, 2018 9:44 pm
Around 20 years ago, my parents told me that they'd give me $8000/year for four years of college. The rest was up to me. I'll probably do something similar for my kids.
Adjusted for inflation, no? Otherwise $32k might buy them 1/2 a semesters payment if your lucky.
by Grt2bOutdoors
Sat Feb 17, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4876

Re: Best plants to grow to save money for food costs

patrick013 wrote:
Sat Feb 17, 2018 7:20 pm


Vegetables have alot of weeds. Weeds like fertilizer too I
guess.
Use black matting or mulch between plants to keep the weeds at bay.
by Grt2bOutdoors
Sat Feb 17, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4876

Re: Best plants to grow to save money for food costs

Something that might be fun is foraging for wild plants, nuts, fruits in your area that you can use in your meals and snacks. When my wife decides to retire and we move to our retirement home in Maine, I plan to take a course or two for that. My grandfather used to come from his house in the city t...
by Grt2bOutdoors
Fri Feb 16, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Jack'
Replies: 17
Views: 1030

Re: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Ja

Helo80 wrote:
Fri Feb 16, 2018 6:04 pm
In the last 20... two market crashes, and a very long bull-run as of late... makes me wonder what the next 20 years will be like?
Stick around and find out!
by Grt2bOutdoors
Fri Feb 16, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)
Replies: 15
Views: 1365

Re: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)

To clarify what Duckie means regarding IRA: yes, you should continue to contribute to the 401k and if you have excess funds after your 10% contribution, consider funding an IRA (Traditional or Roth).

Welcome to the forum!
by Grt2bOutdoors
Fri Feb 16, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

Your daughter did well enough in high school that the university thinks she's worth accepting. She's optimistic about her future. That's about all you can expect, and I'm sure many parents wish they had that situation. What 'results' do you expect from a high school student other than graduate high...
by Grt2bOutdoors
Fri Feb 16, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
by Grt2bOutdoors
Fri Feb 16, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

I'm going to have my kids work summer jobs and use that money toward their tuition. Your kids are either going to be paid well above average over the course of the next ten summers or chances are they are going to fall far short of being able to pay for 1 years tuition (possibly room and board if t...
by Grt2bOutdoors
Fri Feb 16, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
by Grt2bOutdoors
Fri Feb 16, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

By requiring her to have a certain GPA, the easiest way for her to do that is to take easy classes, those that don't lead to a career. Is that what you want to encourage? We had a term for that in college “fluff class”, apparently there was an unwritten code amongst graduating seniors and upper jun...
by Grt2bOutdoors
Fri Feb 16, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6461

Re: How to get child's skin in the game for college?

Skin in the game - excuse for people to make when they want to have control over something or someone. Living in this crazy world is having plenty of skin in the game. Every individual is unique, if your daughter is incapable of succeeding in a collegiate environment then the choice is simple, don’t...
by Grt2bOutdoors
Thu Feb 15, 2018 11:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. bonds in freefall
Replies: 33
Views: 5398

Re: U.S. bonds in freefall

whodidntante wrote:
Wed Feb 14, 2018 10:07 pm
Do you know how you lose money in a bond fund? 0.3% at a time.
Much better than losing it 3% at a time. And don’t say it can’t happen....
by Grt2bOutdoors
Thu Feb 15, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Does this sound like a solid plan for a 21 year old?
Replies: 9
Views: 511

Re: Does this sound like a solid plan for a 21 year old?

Assume you have an e-fund? If yes, then do the following: It's fine to put 50% in each of the two funds for now. When you obtain more money or a job, invest part of the money in the fund that has declined in value, such that the percentage in that fund has fallen below 50%. Rebalancing does not need...
by Grt2bOutdoors
Wed Feb 14, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 129
Views: 7169

Re: philosophicaleconomics predicts 4% real equity returns

Future U.S. Equity Returns: A Best-Case Upper Limit Posted on January 15, 2018 by philosophicalecon@gmail.com http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/ I find this article highly fascinating. It confirms a hunch I've had all along that inflated...
by Grt2bOutdoors
Wed Feb 14, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 129
Views: 7169

Re: philosophicaleconomics predicts 4% real equity returns

4% real? I’ll take that and say thank you very much!
by Grt2bOutdoors
Wed Feb 14, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Why do American Funds hold so much cash?
Replies: 8
Views: 1162

Re: Why do American Funds hold so much cash?

One reason is that it's easier to take the expense ratio out of cash Nonsense. The funds can take the expense ratio from incoming/outgoing funds related to sales/purchases. More likely that the funds had a lot of cash around the time of publication due to portfolio management and/or they may be usi...
by Grt2bOutdoors
Wed Feb 14, 2018 7:17 am
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8371

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

What happens when someone offers advice and they don’t believe it? Continuing with their theory without providing resources or evidential proof to back the claim? What happens when the response back from OP is catty with name calling or there is no response at all? Seems to me that some portion of t...
by Grt2bOutdoors
Tue Feb 13, 2018 9:50 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 2527

Re: Help me help my niece (College costs, financial aid, etc)

Ask school to provide a schedule showing the monthly nut needed to repay student loans for next 120 months after graduation. Sometimes it seems these schools make it appear that you are getting something “scholarships” when in reality they are baking these “discounts” to a marked up price in the fir...
by Grt2bOutdoors
Tue Feb 13, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11129

Re: Did you learn anything from the market correction?

Our first market correction (10% decline from peak) after an 8 year bull run There was a correction in 2010 (-16%), a correction in 2011 (-19%), another correction in 2011 (-9.8%), one in 2012 (-9.9%), one in 2015 (-12%), and another one in 2015-2016 (-13%). (All based on the S&P 500.) So 6 correct...
by Grt2bOutdoors
Tue Feb 13, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11129

Re: Did you learn anything from the market correction?

I learned that the price of filet mignon is getting cheaper by the day, while the yield from the corn field is in a holding pattern.
by Grt2bOutdoors
Tue Feb 13, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16787

Re: Number at which to stop worrying

There was a time where having 10x ones expenses was enough...enough to bridge the gap to new career, experiences and quite possibly into retirement. What many of these posts are talking about are aspirational goals, nothing wrong with having such a goal but not realistic for the great majority of fo...
by Grt2bOutdoors
Mon Feb 12, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4588

Re: Random conversations regarding money

Let me guess, OP was your friends name Goldfinger?
by Grt2bOutdoors
Mon Feb 12, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4404

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

Bean surely has the ID and records of customers who have returned things, what they returned, and why they said they returned it. Given that, there are all sorts of ways they could have curbed the actual abuse, short of cutting the guarantee to one year. But those records are limited, and they neve...
by Grt2bOutdoors
Mon Feb 12, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2295

Re: Lower Payroll Withholding - What are you doing with it?

I'm planning after each paycheck to transfer the difference between what I'm getting now and what I was getting before into my taxable accounts, and investing that at my asset allocation. This is surprise money -- and I don't want to get used to living on it and allowing my lifestyle to inflate. Ex...
by Grt2bOutdoors
Mon Feb 12, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7147

Re: I’m not renewing my Costco membership.

letsgobobby wrote:
Mon Feb 12, 2018 12:19 pm
We make up our membership fee with savings on car rentals alone.
How does car rental work with Costco membership? I did not know they offer this.
by Grt2bOutdoors
Mon Feb 12, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Help me NOT pay for a financial planner!
Replies: 15
Views: 1770

Re: Help me NOT pay for a financial planner!

What is a RPM calculator? I've heard of I-ORP. Using a 6% real return assumption is IMO, optimistic. Saving too much? One can never save enough...... Don't get snookered into a variable annuity, if there is any mention of the words Whole Life Insurance and/or Annuities, get up and leave immediately....
by Grt2bOutdoors
Mon Feb 12, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4404

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

I think their products are of high quality, prices are not necessarily outrageous as compared to other "outdoors" purveyors, excellent customer service. It's outrageous that a select few like to abuse a generous policy where they actually consume the product and then have the gall to return it sayin...
by Grt2bOutdoors
Mon Feb 12, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2295

Lower Payroll Withholding - What are you doing with it?

Lower payroll withholding due to the new IRS tax tables for 2018 is resulting in higher take-home pay (for those employed).
I am investing it according to our IPS. What are you doing with yours?
by Grt2bOutdoors
Mon Feb 12, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Barron's Magazine
Replies: 15
Views: 1499

Re: Barron's Magazine

It's a waste of time, nothing new is brought to light in that paper, it's regurgitation of the same old stuff. I used to read that paper all the time, then I got a $1 a week offer in the mail, so I took them up on it. It's delivered every Saturday, I look at it more for entertainment purposes - espe...
by Grt2bOutdoors
Sun Feb 11, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: What is this please, trying to help a friend
Replies: 8
Views: 879

Re: What is this please, trying to help a friend

FIAM IDX = FIAM Index Target Date Freedom Index 2050. Ask friend to confirm and find out what the expense ratio is. Paul Exactly! Looks like there are only two share classes for the INDEX series, FFOPX (10 bps) and FIPFX (15 bps) Either way, can't go wrong - the funds are cheep, cheep, cheep.......