Search found 18324 matches

by Grt2bOutdoors
Sun Jul 22, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 2775

Re: Real salary growth negative?

I'm curious if I'm doing the math right here, but it seems pretty straightforward. My wife is a public school teacher and has reached the top level in pay increases, which means basic COLA raises going forward. She has 25 years until retirement. The last several years, pay increases have been betwe...
by Grt2bOutdoors
Sun Jul 22, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 529 strategy?
Replies: 17
Views: 904

Re: 529 strategy?

Your income counts more greatly on FAFSA than assets. Given the choice between taking on debt or saving for it, if you are fully funding retirement and could afford to save, I’d recommend saving.
by Grt2bOutdoors
Sun Jul 22, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: 529 strategy?
Replies: 17
Views: 904

Re: 529 strategy?

Next question would be how much to put in for starters? A nominal amount to test the waters, or a larger sum in the hopes it’ll generate a larger return? How much do you want to accumulate in dollars? Let’s say it’s $10k, a nominal amount is not going to get you there, so what is the amount to cont...
by Grt2bOutdoors
Sun Jul 22, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: High voltage powelines near house
Replies: 45
Views: 2664

Re: High voltage powelines near house

I have passed on such a house in the past. Regardless of the facts (and I think there is uncertainty there) there is a negative perception that will affect future prospective buyers. Same here, if you can hear humming from the lines so can others. Even if you are fine with it, there will always be ...
by Grt2bOutdoors
Sat Jul 21, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Suggestions About Simulating Homemade Chicken Stock
Replies: 28
Views: 1359

Re: Suggestions About Simulating Homemade Chicken Stock

KSOC wrote:
Sat Jul 21, 2018 4:58 pm
I buy the big containers of Knorrs beef, & chicken bouillon. I think the taste is great. Maybe not homemade, but quick & easy. My basis for many soups.
The chicken I use for homemade Egg drop wonton soup. I could eat that everyday.
Too much salt in premade.
by Grt2bOutdoors
Sat Jul 21, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: House foundation repair with Helical Piers - urgent request
Replies: 22
Views: 1353

Re: House foundation repair with Helical Piers - urgent request

It sounds like repairs were done, but why is house up for sale so quickly after they were done? What does your sons attorney say? I cannot fathom why you would ask an attorney about an engineering issue. To OP: The house has had a serious foundation problem that has been repaired and there is a war...
by Grt2bOutdoors
Sat Jul 21, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: House foundation repair with Helical Piers - urgent request
Replies: 22
Views: 1353

Re: House foundation repair with Helical Piers - urgent request

It sounds like repairs were done, but why is house up for sale so quickly after they were done? What does your sons attorney say?
by Grt2bOutdoors
Fri Jul 20, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1462

Re: Bond Ladder Managed Account

I'm cynical. I can imagine the Fidelity advisors sitting around a table in a conference room on a conference call. "Well, how can we generate some business?" "Let's sell some bonds and generate fees and commissions. After all, there is all this talk about interest rates going up. That's a good reas...
by Grt2bOutdoors
Fri Jul 20, 2018 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Financial Plan: PGY4 Orthopaedic / PGY4 ENT Residents
Replies: 11
Views: 679

Re: Advice on Financial Plan: PGY4 Orthopaedic / PGY4 ENT Residents

No bonds is a mistake, no international is another. Recommend you search on google for “Callen chart or table”. The reason why not having those asset classes is plain as day on the table. Second, markets can remain irrational longer than you can remain solvent. There are very, very few who can remai...
by Grt2bOutdoors
Fri Jul 20, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 1851

Re: High school graduation monetary gift for nephew

In my experience, I find those who have the least are one of the most generous. Those who have the most, have it for a reason..... :P
by Grt2bOutdoors
Fri Jul 20, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Property tax + deductions
Replies: 25
Views: 2802

Re: Property tax + deductions

I am trying to better plan our savings for this year. Can someone shed some light on how deductions work with property taxes. We live in a VHCOL area and our property taxes are rather high. It is ~30k on a 2.5 million house. Do we get to write off a portion of our property taxes? What are some ways...
by Grt2bOutdoors
Fri Jul 20, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: 529 allocations
Replies: 1
Views: 146

Re: 529 allocations

I use a custom Utah plan - at 7 years away it’s 60/40, at 5 years away it’s 50/50. It shifts down from there. If you have all of your funding soon or now, you could shift down sooner.
by Grt2bOutdoors
Fri Jul 20, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 1851

Re: High school graduation monetary gift for nephew

$250. But as another poster said, depends if you want to keep it equal amongst nieces and nephews, if you have multiples of them. It adds up quickly.
by Grt2bOutdoors
Fri Jul 20, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 126
Views: 8638

Re: Should I Dump a Pile of Money on Young Son?

No you should not dump a pile of money on your young son. He's doing great, and you might ruin him with it. The wrong sorts of people may become attracted to him (they seem to be able to smell money on a person). See an estate planning lawyer for help in preserving and protecting that money for you...
by Grt2bOutdoors
Fri Jul 20, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 126
Views: 8638

Re: Should I Dump a Pile of Money on Young Son?

masonstone wrote:
Fri Jul 20, 2018 9:27 am
You should read the millionaire next door before doing so. You might ruin his life by doing so.
What is the difference if say someone gave you a million as a gift versus an inheritance at age 24? Would you say an inheritance would ruin someone at age 24?
by Grt2bOutdoors
Fri Jul 20, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 126
Views: 8638

Re: Should I Dump a Pile of Money on Young Son?

No you should not dump a pile of money on your young son. He's doing great, and you might ruin him with it. The wrong sorts of people may become attracted to him (they seem to be able to smell money on a person). See an estate planning lawyer for help in preserving and protecting that money for you...
by Grt2bOutdoors
Fri Jul 20, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 126
Views: 8638

Re: Should I Dump a Pile of Money on Young Son?

At first glance the dollar amount seems large. That said, I’d like to offer the following in your son’s favor: graduated the U.S. Air Force Academy where the entrance rate into it is more selective than that of the public/private institutions, he graduated, he majored in one of the most difficult su...
by Grt2bOutdoors
Fri Jul 20, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact
Replies: 33
Views: 3946

Re: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact

Here is the link to If You Can ----> https://www.etf.com/docs/IfYouCan.pdf It's a free pdf, but don't let the "free" fool you, this 16 page booklet is worth more than 16 wealth managers, it just requires an hour of your time. Follow that up by a few days worth of time over the course of a few months...
by Grt2bOutdoors
Fri Jul 20, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2425

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

Title says it all. I've already maxed out my Roth IRA in January and am working on trying to max out my 401k as well by the end of 2018. I have never maxed out my 401k before. Just turned 28. My math works out on paper; however, I've come to appreciate the ever changing complexity of life situation...
by Grt2bOutdoors
Fri Jul 20, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2425

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

The turning point will come sooner than you think, compounding works in mysterious ways, even after several bad hiccups during my investment period, am surprised by level of growth and I own zero fancy stuff. Amen, friend. It's not just compounding I'm looking forward to (I'm already experiencing t...
by Grt2bOutdoors
Fri Jul 20, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 1948

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

You don't want to do the drive from Jersey to JFK - if its not the traffic that gets to you, it's the jet lag and then you have to drive back to Jersey in traffic. :annoyed
by Grt2bOutdoors
Fri Jul 20, 2018 6:50 am
Forum: Investing - Help with Personal Investments
Topic: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact
Replies: 33
Views: 3946

Re: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact

Not only do you not need some wealth stealer, you really need to stay away from these thieves. The primary job of a wealth manager is: 1) Convince you that only he can fend off the boogie man 2) Create a huge number of fund/stock/non-liquid investments so you are too scared to touch it because mere...
by Grt2bOutdoors
Fri Jul 20, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2425

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

Title says it all. I've already maxed out my Roth IRA in January and am working on trying to max out my 401k as well by the end of 2018. I have never maxed out my 401k before. Just turned 28. My math works out on paper; however, I've come to appreciate the ever changing complexity of life situation...
by Grt2bOutdoors
Thu Jul 19, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Savings bond bought
Replies: 3
Views: 310

Re: Savings bond bought

Limits were $30k per person back then, so the answer is you get your money and you pay your taxes.
by Grt2bOutdoors
Thu Jul 19, 2018 12:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41654

Re: Post your Financial Milestone Announcements Here

why don't people mention age, location and occupation/industry? saying you have 3m at age 90 isn't a milestone FWIW Says who? How about if you started out with negative net worth? What about if you were worth $2M at age 65, lost most of it to some calamity and made it back to $3M? That's not an acc...
by Grt2bOutdoors
Thu Jul 19, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 8268

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

It is an energy stock that my Dad has held as an employee and through retirement and reinvested the dividends. It generates about $35,000 per year in dividends. My brother has no interest in hanging on to his share so I will probably buy him out. Part of me wants to continue holding it to pass on t...
by Grt2bOutdoors
Thu Jul 19, 2018 12:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41654

Re: Post your Financial Milestone Announcements Here

why don't people mention age, location and occupation/industry? saying you have 3m at age 90 isn't a milestone FWIW Says who? How about if you started out with negative net worth? What about if you were worth $2M at age 65, lost most of it to some calamity and made it back to $3M? That's not an acc...
by Grt2bOutdoors
Thu Jul 19, 2018 12:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41654

Re: Pulled the trigger and paid off the house today

[Thread merged into here, see below (next page). --admin LadyGeek] Just need to shout out and say, once again, we are completely debt free by paying off the remainder of our primary residence! Wanted to use this forum as an outlet to let out some joy somewhat anonymously. This is the 2nd personal r...
by Grt2bOutdoors
Thu Jul 19, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 102
Views: 4192

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

Collectibles may have value, it may not. I hope you have them fully insured and in a very safe place. My good friend passed away, his wife claimed her collectibles were worth multiples of what they had paid for it - only to find out they were worth 10 cents on the dollar. That may not be the case w...
by Grt2bOutdoors
Thu Jul 19, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 128
Views: 13010

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Thu Jul 19, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 102
Views: 4192

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

There are some pretty 'judgey' posts in this one. For all we know, the OP just got married last year and spent their single years building the watch collection. Let's not forget, they have NO debt and two houses (one rental). I don't think the implied decades of irresponsibility posts are called fo...
by Grt2bOutdoors
Thu Jul 19, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 102
Views: 4192

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

Collectibles may have value, it may not. I hope you have them fully insured and in a very safe place. My good friend passed away, his wife claimed her collectibles were worth multiples of what they had paid for it - only to find out they were worth 10 cents on the dollar. That may not be the case wi...
by Grt2bOutdoors
Thu Jul 19, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Reevaluating mortgage payoff strategy
Replies: 57
Views: 4869

Re: Reevaluating mortgage payoff strategy

I don’t like debt on my castle. Business debt I view differently. How big is the remaining mortgage amount compared to annual savings and compared to total taxable portfolio.
by Grt2bOutdoors
Wed Jul 18, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 128
Views: 13010

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 27
Views: 2334

Re: Flatting Yield Curve - buckle up for the storm?

I am in your same shoes, saving around 60-70% of my income per month most of it in goes to Vanguard, so I'll be hit hard come recession time (3-fund portfolio). Rest is in Ally savings. Curious to see what the Veterans advise. Pick an appropriate asset allocation and stay the course. If you feel yo...
by Grt2bOutdoors
Wed Jul 18, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 27
Views: 2334

Re: Flatting Yield Curve - buckle up for the storm?

Be an above average performer and chances are you keep your job. BUT, if your department, division is closed or sold - all bets are OFF!

Doesn’t hurt to be well liked by management either.
by Grt2bOutdoors
Wed Jul 18, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Is my prudential account worth the fees?
Replies: 27
Views: 2931

Re: Is my prudential account worth the fees?

Thanks for the replies! So are these fees worth investing in or should I just open a brokerage account in vanguard? My base salary is only 44k with minimal overtime. Also a reason why I don’t like prudential is there aren’t many funds available and absolutely no target funds in the plan as an optio...
by Grt2bOutdoors
Wed Jul 18, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 782

10 Year Tips auction

Anyone buying 10 year TIPs in tomorrow’s Treasury auction?
by Grt2bOutdoors
Wed Jul 18, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 128
Views: 13010

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Check in/How are we doing?
Replies: 7
Views: 1211

Re: Check in/How are we doing?

If you are saving for a house, put your money in a FDIC insured savings account. The objective is to keep the principal secure, even if it is on a nominal basis. You don’t want any risk from fluctuations with this money. Thanks, yes I forgot to mention our emergency fund and cash savings are in a F...
by Grt2bOutdoors
Wed Jul 18, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 70
Views: 5848

Re: New Brake Pads

Same type of question as OP 2016 Honda CR_V 74,000 miles Local Honda dealer: $250 pads only per axle and resurface the front rotors . Addition $250 per axle for rotors. $1000 pads and rotors 4 wheels (all Honda parts) Local chain (Meineke, Monro) auto repair: $300 pads and rotors per axle. $600 pad...
by Grt2bOutdoors
Wed Jul 18, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 128
Views: 13010

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by Grt2bOutdoors
Wed Jul 18, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Check in/How are we doing?
Replies: 7
Views: 1211

Re: Check in/How are we doing?

If you are saving for a house, put your money in a FDIC insured savings account. The objective is to keep the principal secure, even if it is on a nominal basis. You don’t want any risk from fluctuations with this money.
by Grt2bOutdoors
Wed Jul 18, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 6465

Re: How do you handle the urge to DO something?

When you have an urge to tinker, wait three months, then re-visit it. In the meantime, go for a LONG walk and plan your next date, vacation instead.
by Grt2bOutdoors
Wed Jul 18, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 128
Views: 13010

Re: Salary vs. Lifestyle

You need to determine what's important to you. You can't get the years back, and you can't really predict the health issues or other problems that might unexpectedly prevent you from living life to the fullest in later years. ^This. If the money is not desperately needed, assuming you make $100K no...
by Grt2bOutdoors
Wed Jul 18, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 2972

Re: Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also hel...
by Grt2bOutdoors
Wed Jul 18, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: The joys of investing
Replies: 23
Views: 2669

Re: The joys of investing

Annoying the local personal bankers who constantly try to tell me "I can do better" with them. :twisted:
by Grt2bOutdoors
Wed Jul 18, 2018 6:33 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 2972

Re: Balanced Funds and Sequence of Return Risk

If you are in the withdrawal phase, are Balanced Funds (Balanced Index funds, Lifestrategy funds, target date funds, etc.) affected more by Sequence of Return risk than individual funds such as in the 3 fund portfolio? With the 3FP, if stocks are down, you can withdraw from your bond fund (also hel...