Search found 17197 matches

by Grt2bOutdoors
Fri Jan 19, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 764

Re: Confused with what to do with money-Looking for guidance

You indicated gf does not have her act together financially, yet. You don't state her age, but to vest out with only a partial pension imo, assuming she also is employed by CONY is a huge mistake. Two reasons, first is to obtain maximum Social Security benefits you need to pay into system for 35 ye...
by Grt2bOutdoors
Fri Jan 19, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Did you change your IPS when you discovered you were going to have kids?
Replies: 5
Views: 550

Re: Did you change your IPS when you discovered you were going to have kids?

Included a line to fund X years of state flagship university costs by age 18. Based on child academic progression, and if funds are available, increase to cover X years of more selective schools.

Now that you are expecting, increase your life insurance coverage for both husband/wife.
by Grt2bOutdoors
Fri Jan 19, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

Reading everything you've said, I'd open: Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) Put it all (100%) in there. My rationale is that one fund will make it so much easier to manage, that's a great fund, it's moderately aggressive, and really cheap to hold. Hope this helps, Peter Comp...
by Grt2bOutdoors
Fri Jan 19, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

ridgeline73 wrote:
Fri Jan 19, 2018 2:08 pm
Is there are reason why I put it in my wife's name? Is there a reason I cannot open one in my name?
Sure you can put it in your name and that's fine if you want to keep inheritance money separate in case of anything down the road.
You should designate your spouse as beneficiary though.
by Grt2bOutdoors
Fri Jan 19, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 28
Views: 1252

Re: High Dividend Stocks as bond substitute?

Bank of American cut their dividend by about 99% over the course of 2 quarters in 2008-09, and is still less than 20% of what it was. The interest on BND stayed within about a 10% range during that time. If you're going to make a statement like that it helps if you include some additional informati...
by Grt2bOutdoors
Fri Jan 19, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 28
Views: 1252

Re: High Dividend Stocks as bond substitute?

4. For 2017, my drips with my computershare account returned 22.3% including a 3.8% yield (portfolio of Verizon, Phillip Morris, Altria, Abbot Labs and Abbvie). I had built this lineup based on being lower risk, higher yield. It helped that Abbot and Abbvie had a really good year, just lucky I gues...
by Grt2bOutdoors
Fri Jan 19, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

I doubt my tax is high enough.....I make $110k/year. Wife is probably $10-15k working part time. I don't mine going in once per year and re balancing if it is a fairly straight forward process and more advantageous scenario than a target fund. Is the inherited money in an IRA? I think you said it i...
by Grt2bOutdoors
Fri Jan 19, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?
Replies: 10
Views: 919

Re: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?

From the Oracle's mouth, although I am not sure how much cash they "need" for regulatory purposes of their businesses http://fortune.com/2017/08/07/warren-buffett-berkshire-hathaway-cash/ Berkshire is a holding company, it has operating companies that it owns and also makes investments. The OP shou...
by Grt2bOutdoors
Fri Jan 19, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 764

Re: Confused with what to do with money-Looking for guidance

You indicated gf does not have her act together financially, yet. You don't state her age, but to vest out with only a partial pension imo, assuming she also is employed by CONY is a huge mistake. Two reasons, first is to obtain maximum Social Security benefits you need to pay into system for 35 yea...
by Grt2bOutdoors
Fri Jan 19, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 28
Views: 1252

Re: High Dividend Stocks as bond substitute?

Equities are not bonds, nor are they a substitute.
by Grt2bOutdoors
Fri Jan 19, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?
Replies: 10
Views: 919

Re: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?

Goodwill is the value of intangible items such as brand name of product, company signage or logos. For example, the name Coca-Cola has a lot of cachet, is well known by signage (red wavy cursive) yet if you tried to sell it, what value is assigned to it? What is it worth? Goodwill is the premium pai...
by Grt2bOutdoors
Thu Jan 18, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance with portfolio review
Replies: 3
Views: 275

Re: Assistance with portfolio review

Consider reducing MegaCap to holding 17-18% instead of present 28%. Sell down the Midcap Admiral to 6% from 12%. That would get you 75% of the way there to the 50% equities you are looking to get to. You don't list what your gains are in each category, but by cutting those two funds down you will ge...
by Grt2bOutdoors
Thu Jan 18, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1168

Re: Increasing Small Cap Value Tilt

I wish VIOV had a mutual fund equivalent. Vanguard’s Small-Cap funds are a mid/small blend. What is wrong with the ETF vs mutual fund? They do have a small cap tax managed mutual fund, but its not a value fund. ^^They track different indices - VIOV uses S&P 600, VBR and mutual fund equivalent uses ...
by Grt2bOutdoors
Thu Jan 18, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for college
Replies: 3
Views: 255

Re: Saving for college

529 plan, if they are reasonably certain child is going on to higher education. Best chance of tax free growth of capital. California offers a state backed 529 plan (https://www.scholarshare.com/tools/risk/) <--I like their risk measurement tool that parents can use to get an idea of what level of r...
by Grt2bOutdoors
Thu Jan 18, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

I doubt my tax is high enough.....I make $110k/year. Wife is probably $10-15k working part time. I don't mine going in once per year and re balancing if it is a fairly straight forward process and more advantageous scenario than a target fund. Is the inherited money in an IRA? I think you said it i...
by Grt2bOutdoors
Thu Jan 18, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

What 3 funds and what percentages? Would like to be moderately aggressive. Thanks. Total stock market index - VTSAX: 40% Total international stock index - VTIAX: 20% Total bond market index - 40%, if in high tax bracket use Tax Exempt Intermediate term That is a 70/30 domestic international split, ...
by Grt2bOutdoors
Thu Jan 18, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 764

Re: Confused with what to do with money-Looking for guidance

Don't be so sure, could be PD. OP could have made the cut-off before they changed the pension plan tiering, they also have access to 457 plan. Don't be embarrassed about living at home. You are of sound mind, employed, not reckless with your life or finances - admirable qualities. Anyone talking abo...
by Grt2bOutdoors
Thu Jan 18, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1168

Re: Increasing Small Cap Value Tilt

VIOV - tracks the S&P 600 index at Vanguard IJS - tracks the S&P 600 index - Ishares VBR - tracks CSRP index, market cap and p/b closer to midcap than pure small cap RZV - Guggenheim is supposed to have much lower p/b, smaller market cap than all 3 above, but more expensive cost. IJR is small cap in...
by Grt2bOutdoors
Thu Jan 18, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

With $120k, you'll have no problem building a portfolio using Vanguard Admiral Shares. Your portfolio will look something like this: 12% $ 14,400 VFIAX 500 Index 13% $ 15,600 VVIAX Value Index 12% $ 14,400 VTMSX Tax-Managed Small-Cap 13% $ 15,600 VSIAX Small-Cap Value Index 10% $ 12,000 VTMGX Devel...
by Grt2bOutdoors
Thu Jan 18, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 164
Views: 17624

Re: Max It Out Tomorrow [your IRA]

I plan to max mine out before the end of January. Put 1800 in it today, will put 850 next week, 2000 next week and 850 on January 26. Then roth conversion. I'll come back on January 26th with an update. Back with an update. I maxed it out today January 18th. :-) Great job! :sharebeer See you next y...
by Grt2bOutdoors
Thu Jan 18, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Sicily, Ireland, or Portugal?
Replies: 3
Views: 335

Re: Sicily, Ireland, or Portugal?

Have been to Sicily - Mount Etna, Taormina, Cefalu, Palermo, Messina. Mount Etna - you can either take a tour bus up there, followed by tram that takes you to a level where you can see the steam and red flowing lava. If you go, depending when you go you'll want to bring warm clothing - it's cold and...
by Grt2bOutdoors
Thu Jan 18, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: New Boglehead!
Replies: 6
Views: 521

Re: New Boglehead!

Thanks so much for that White Coat site. It looks like another great resource. Reading and learning are in process for sure! I am sure there will be more questions to come. Welcome! Of course it’s a good fit for you - did your agent disclose how big his commission I mean how he’s going to take a de...
by Grt2bOutdoors
Thu Jan 18, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

What 3 funds and what percentages? Would like to be moderately aggressive. Thanks. Total stock market index - VTSAX: 40% Total international stock index - VTIAX: 20% Total bond market index - 40%, if in high tax bracket use Tax Exempt Intermediate term That is a 70/30 domestic international split, ...
by Grt2bOutdoors
Thu Jan 18, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2449

Re: Help with inherited investment account

With $120k, you'll have no problem building a portfolio using Vanguard Admiral Shares. Your portfolio will look something like this: 12% $ 14,400 VFIAX 500 Index 13% $ 15,600 VVIAX Value Index 12% $ 14,400 VTMSX Tax-Managed Small-Cap 13% $ 15,600 VSIAX Small-Cap Value Index 10% $ 12,000 VTMGX Devel...
by Grt2bOutdoors
Thu Jan 18, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 34
Views: 2207

Re: Sell Home Depot?

keep it. It's a very good stock. Do drip overtime and you are going to be end big. sell it. It's a going to be very poor stock. You are going to end up losing. And there you have it, 99% of stock advice threads. I'll throw my 2 cents in. HD is a very volatile stock, very sensitive to the economy. S...
by Grt2bOutdoors
Thu Jan 18, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: 529, taxes and school tax
Replies: 5
Views: 336

Re: 529, taxes and school tax

No, I would not advise you do that. Here are the potential ramifications if you do - you get audited, the deduction is disallowed, not only do you pay the IRS penalties, but you have to pay penalties for early withdrawal from 529 plan for unqualified withdrawals.
by Grt2bOutdoors
Thu Jan 18, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6831

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I'm sure it’s mean for "busy" doctors who a) have hundred dollar bills dangling from their chins after eating at nice restaurants, b) don’t feel they have the time to learn by roaming either this site or whitecoatinvestor.com, and c) don’t value any advice unless they pay for it. If you have time t...
by Grt2bOutdoors
Thu Jan 18, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6831

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Here’s a tip on how to fire your financial advisor. Pick up the phone and call Vanguard- tell them you want to move all of your assets to them in-kind. After the assets have been moved, call the financial adviser or drop them an email - You’re FIRED! $399 sounds a bit over the top, but then again I...
by Grt2bOutdoors
Thu Jan 18, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6831

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Here’s a tip on how to fire your financial advisor. Pick up the phone and call Vanguard- tell them you want to move all of your assets to them in-kind. After the assets have been moved, call the financial adviser or drop them an email - You’re FIRED! $399 sounds a bit over the top, but then again I ...
by Grt2bOutdoors
Thu Jan 18, 2018 6:56 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 128
Views: 5451

Re: Short Commute or Nicer House?

Short commute. Yes, if you choose option b you will have an easy commute in the morning, but what is the commute like in the late afternoon or evening? I ask that because in the morning there are less people up and moving about, try that in the later hours of the day, your commute home may be longer.
by Grt2bOutdoors
Wed Jan 17, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 34
Views: 2207

Re: Sell Home Depot?

keep it. It's a very good stock. Do drip overtime and you are going to be end big. sell it. It's a going to be very poor stock. You are going to end up losing. And there you have it, 99% of stock advice threads. I'll throw my 2 cents in. HD is a very volatile stock, very sensitive to the economy. S...
by Grt2bOutdoors
Wed Jan 17, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington or Target Retirement 2025
Replies: 9
Views: 789

Re: Wellington or Target Retirement 2025

Have you seen one outperform the other? What is your objective? Have you researched the funds beyond annual returns? One is heavily allocated towards Large Value equity and intermediate corporate bonds, actively managed. The other is index based, managed only so far as glidepath unless the asset al...
by Grt2bOutdoors
Wed Jan 17, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4093

Re: Lost Job. Retirement/Portfolio Advice

[comment questioned OP removed by admin alex] With such detail provided what makes you question it isn't? The decumulation phase of retirement can be stressful for someone focused on accumulating it, couple that with an involuntary job leave can compound the anxiety. The OP has stated they have pre...
by Grt2bOutdoors
Wed Jan 17, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 10
Views: 801

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

It's well within reason to change your IPS. An IPS is a living document, it changes as the investors needs, ability and willingness change. As suggested, consider an upper range of no more than 70/30. If the market tanked by 50% tomorrow, your 85% equity allocation could be halved. Yes, yes, you wer...
by Grt2bOutdoors
Wed Jan 17, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: [How to reserve funds for final expenses]
Replies: 10
Views: 521

Re: [How to reserve funds for final expenses]

You can prepay funeral expenses at a funeral home. My mother did that. She and I met with the funeral director and reviewed all her options including quality of casket. They provided a written plan for her funeral as a result. The funeral home insured her funeral through an insurance company which ...
by Grt2bOutdoors
Wed Jan 17, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 14
Views: 1072

Re: Feeding the market

If you believe we have a retirement crisis, if you believe people don't save enough, how can 401k deposits affect the market? And just wait until the boomers start selling to pay for their retirements. If you read any of the surveys out there, the majority of folks are not saving enough or anything ...
by Grt2bOutdoors
Tue Jan 16, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Suggestion Needed!
Replies: 5
Views: 201

Re: Investment Suggestion Needed!

I will reiterate what was said earlier - do not chase performance. The fastest way to lose money is to chase hot money. Boring is good, leave your money as is - if it ain’t broke, don’t fix it.
by Grt2bOutdoors
Tue Jan 16, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: too complacent?
Replies: 10
Views: 1107

Re: too complacent?

Welcome to the forum! Complacent? No. We should be taking advice from you. :) What did you do in a past life to accumulate such large savings? A 65% allocation to equities implies a max drawdown of 32.5% if the equities markets correct by 50% (could, might it - no one knows). Even with that sort of ...
by Grt2bOutdoors
Mon Jan 15, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Family death, house for sale, under-valued.
Replies: 19
Views: 2384

Re: Family death, house for sale, under-valued.

I wouldn't invest with a silent partner. What would happen if he should die soon after and his heirs want their share of what he had owned? Go with a bank, instead, if you insist on doing this. Received a quote for $100k loan @ 5%. Brother in law works at a bank and says he could probably get me 3 ...
by Grt2bOutdoors
Mon Jan 15, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market
Replies: 4
Views: 511

Re: Timing the market

Timing the market is a loser's game.
Not enough information to provide a proper response. See link at my signature - fill in the blanks and post it up for forum members to see. Then you will get more replies.
by Grt2bOutdoors
Mon Jan 15, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein in 4 Pillars of Investing advises no Vanguard total international in taxable?
Replies: 2
Views: 479

Re: Bernstein in 4 Pillars of Investing advises no Vanguard total international in taxable?

I'mr reading through William Bernstein's excellent 4 Pillars of Investing, and was surprised to read that he advises not to hold Vanguard Total International fund (VTIAX) in a taxable account because "it is a fund of funds....as such it is not eligible for the foreign dividend tax exclusion", in ot...
by Grt2bOutdoors
Mon Jan 15, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1081

Re: Possible retirement?

It's tight, if the market turns south you may find your capital depleting much faster.
It could work if your requirements were $50K after tax. Any possibility of you working part-time?
by Grt2bOutdoors
Mon Jan 15, 2018 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Family death, house for sale, under-valued.
Replies: 19
Views: 2384

Re: Family death, house for sale, under-valued.

We're you already planning on doing the real estate thing? Otherwise would pass. Put your business cap on. When an opportunity presents itself one should at least fully evaluate it. Does that include using the services of an anonymous internet forum who may or may not know what they are talking abo...
by Grt2bOutdoors
Mon Jan 15, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: have about 400k of new money coming in
Replies: 8
Views: 1357

Re: have about 400k of new money coming in

panchilly wrote:
Mon Jan 15, 2018 10:05 pm
Thinking about putting 100% of it in VEU.

Is this wise?
Ask your question in the context of the link in my signature - Asking Portfolio Questions.
Your question is much too vague to provide a response without rest of the data including what your asset allocation plan is.
by Grt2bOutdoors
Mon Jan 15, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?
Replies: 18
Views: 2612

Re: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?

Your scenario will never happen. The reason has to do with just one word: GREED! Greed will ensure that someone or perhaps a bunch of someones continue to actively trade the market in hopes of a better or bigger score. We can point the finger at a whole host of players --> endowments, pensions, hedg...
by Grt2bOutdoors
Mon Jan 15, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for $50K in Taxable Account
Replies: 9
Views: 1101

Re: Investment Advice for $50K in Taxable Account

Hi All, I have $50K additional money that I would like to invest in the market. I am planning to invest this for a long term. Basically, I want to follow a set it and forget it approach. Cash Saved for Home down payment and related expenses: 200K Emergency Fund: 50K Location : NJ Debts : None Expen...
by Grt2bOutdoors
Sun Jan 14, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on where to invest 400K
Replies: 7
Views: 897

Re: Advice on where to invest 400K

Please post your portfolio in format shown in my signature- Asking Portfolio Questions.

Welcome to the forum.

You had stock grants - single undiversified risk and you are worried about investing in a low cost, diversified equity index fund? The stock grants had much more risk.
by Grt2bOutdoors
Sun Jan 14, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?
Replies: 39
Views: 4283

Re: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?

Toons wrote:
Sun Jan 14, 2018 5:57 pm
Vanguard Explorer Fund Admiral Shares( VEXRX)
Enjoy



:mrgreen:
Not in taxable, distributions can be deadly in taxable.
by Grt2bOutdoors
Sun Jan 14, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 993

Re: ‘Fun’ Money

... 25%:Vanguard Total Stock Market EFT (VTI, .11 ER) 25%: Vanguard S&P 500 Index EFT (VOO, .04 ER) .... Skip the S&P 500, put 50% into Vanguard Total Stock Market I’m new to this whole thing, can I ask your insight on why? There is significant overlap between the S&P 500 fund and Total Stock. Tota...