Search found 18998 matches

by Grt2bOutdoors
Sun Nov 18, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: 23 Fund Managed Portfolio: Is this normal?
Replies: 12
Views: 484

Re: 23 Fund Managed Portfolio: Is this normal?

No! And Yes! Yes for the advisor to create such a smorgasbord of investments as to confuse the investor and to make it seem they are actually earning the outrageous fees they charge. I would advise sister to get out NOW! Before she winds up handing half her retirement “future” earnings to the advise...
by Grt2bOutdoors
Sun Nov 18, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Veterans business bonds 5%
Replies: 4
Views: 257

Re: Veterans business bonds 5%

Did you download the prospectus and carefully read about the risks? It’s not insured, you can lose money. You are providing funding and relying on Streetshares to correctly underwrite the investment. If you are being paid 5%, how much is StreetShares making?
by Grt2bOutdoors
Sat Nov 17, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Why do people think CD rates will keep going up?
Replies: 28
Views: 3703

Re: Why do people think CD rates will keep going up?

If so, how high will they go? With stocks, people say don't time the market but with CDs most are saying to stick with 1 year at 2.8% vs 5 years at 4%. Isn't this timing the market and why not take the sure thing 4%? https://www.connexuscu.org/accounts/share-certificates/ I'm thinking of putting 50...
by Grt2bOutdoors
Sat Nov 17, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 68
Views: 4354

Re: Cremation seminar – with complimentary lunch

khh wrote:
Sat Nov 17, 2018 1:49 pm
white_water wrote:
Fri Nov 16, 2018 2:58 pm
Basic cremation runs $700-$1200 locally.

My final instructions includes using the cheapest plan, paid with spouses credit card, might as well get that 2 cash back on travel!
Good way to urn reward points.
For those dying to earn them.
by Grt2bOutdoors
Sat Nov 17, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Interview with Fidelity's Abigail Johnson
Replies: 19
Views: 1883

Re: Interview with Fidelity's Abigail Johnson

SlowMovingInvestor wrote:
Sat Nov 17, 2018 6:07 pm
This week's Barrons has an interview with Abby Johnson and another Fido exec. Nothing really new, but generally interesting:

https://www.bloomberg.com/news/features ... ndex-funds
That’s Bloomberg, not Barrons.
by Grt2bOutdoors
Sat Nov 17, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: 37 year old requests assistance with questions at end.
Replies: 8
Views: 1228

Re: 37 year old requests assistance with questions at end.

Sure, you can leave the old 401k plan where it is, why pay more if you don’t have too? If you move your legacy 401k plan to a traditional rollover IRA, it may affect ability to contribute to a Roth if you are using the Backdoor option today. Are you doing a backdoor Roth today?, and if not today you...
by Grt2bOutdoors
Sat Nov 17, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Comment from Bogleheads book about future market gains
Replies: 7
Views: 744

Re: Comment from Bogleheads book about future market gains

Everyone’s crystal ball is cloudy including my own. A well thought out plan includes a backup plan in case things don’t turn out the way you want it to be. You can control your rate of savings, expenses you pay and level of risk you take. You can not control the market rate of return for any asset c...
by Grt2bOutdoors
Sat Nov 17, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3125

Re: If the market is this high, does it make sense to invest a large sum of money?

Lump sum every dollar you invest. Why did you have $30K presumably in cash in your Roth? Sounds like you missed on a 6+ years of great returns. Let's not pour salt in this wound. I agree, let’s not. The best way you learn though is to be open and honest about your short investing history and then u...
by Grt2bOutdoors
Sat Nov 17, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3125

Re: If the market is this high, does it make sense to invest a large sum of money?

Hi, I'm 31 and I have about $30,000 that I want to invest in my Roth IRA. I already have my options selected, but my questions is does it make sense to invest all $30,000 now while the market is high? Should I reserve some of this money for when the market is better valued? October 19, 1987 - Dow J...
by Grt2bOutdoors
Sat Nov 17, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest now
Replies: 9
Views: 797

Re: Should I invest now

I want to get rid of my current fee based advisors and invest my retirement savings in Vanguard funds. Is now a good time to do that given where markets are at? I am about 2 years away from retirement, so would keep some money back in cash in case of an immediate market drop You can not successfull...
by Grt2bOutdoors
Sat Nov 17, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 30
Views: 1270

Re: Water-Sewer line insurance

I have heard of this insurance and I would not buy it. That said in our prior home we had a pipe break outside. The plumber chopped out the cement and replaced the section of pipe for about $1,000. The plumber told me this was a rare event. My folks were offered the insurance by the local water uti...
by Grt2bOutdoors
Sat Nov 17, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 30
Views: 1270

Re: Water-Sewer line insurance

I've never heard of this and want to follow. I've got a 60+ year old cast iron pipe for half of my house we've been nursing for a while. I'm just curious what the company's history is of paying claims. That seems like a bad deal for them Well, I’ve paid this premium for the last 5 years, with no cl...
by Grt2bOutdoors
Sat Nov 17, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 30
Views: 1270

Re: Water-Sewer line insurance

I have a policy with the same company. They will live up to their end of the bargain if you have a claim. My in-laws hold the same policy, they made a claim on a leaking water main going into the home, plumbers showed up, found the pipe was leaking, got authorization to begin work, replaced the pipe...
by Grt2bOutdoors
Fri Nov 16, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Update Re: Hubby soon to be laid off
Replies: 24
Views: 3830

Re: Update Re: Hubby soon to be laid off

That’s great news! :sharebeer
by Grt2bOutdoors
Fri Nov 16, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Decide Future Investments
Replies: 15
Views: 1192

Re: TRYING TO DECIDE FUTUTRE INVESTMENTS

1. How do you feel about the salesman earning a 6-8 percent upfront commission on your $450k “investment”? 2. If the market goes up by 15% over the next 7 years, how do you feel about you and your wife being locked in at “5”%? 3. You can buy a AAA rated United States Treasury note today and earn 2.9...
by Grt2bOutdoors
Fri Nov 16, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: As a new grad, should I consider buying or renting?
Replies: 48
Views: 1878

Re: As a new grad, should I consider buying or renting?

If you don’t like signing a lease, why would you buy a house? Renting gives you so much more flexibility. Just rent intil married or 30. P.s. you will never have the perfect place. +1. Imagine the OP buys a house, he likes the house, moves in, then finds out the next door neighbors are not "ideal",...
by Grt2bOutdoors
Fri Nov 16, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10337

Re: How Long / Hard To Become a Millionaire on Under $100k Income

To me that is what you need to do, make good financial decisions today, and tomorrow will take care of itself. I am wondering how hard it is to become a millionaire on an income of less than $100k? Yes this is very possible especially if one begins saving early. Man people smoke a pack of cigarette...
by Grt2bOutdoors
Fri Nov 16, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10337

Re: How Long / Hard To Become a Millionaire on Under $100k Income

It's possible if you're young enough, save aggressively enough, and invest aggressively enough. If you can save $20,000 per year (inflation adjusted) and invest it aggressively enough to get a 4% real return, you'll have $1,976,531 (inflation adjusted) in forty years. Even at 3%, you'll have $1,553...
by Grt2bOutdoors
Thu Nov 15, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Did millennials really get the short straw?
Replies: 16
Views: 2076

Re: Did millennials really get the short straw?

Erosion of social safety net. High cost of healthcare. High cost of education. Automation and offshoring of employment opportunities. High cost of housing. Yep, millennials have been disproportionately been subjected to each of those at some point in their lives. But so has Gen X and Y to some exten...
by Grt2bOutdoors
Thu Nov 15, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 44
Views: 2118

Re: which snow blower ?

I like my Ariens (recently upgraded from a 2003 Ariens). Go to their website and search for a supplier near you. I would encourage you to buy from a “mower shop” so you can have it serviced as needed. Not too difficult to self-service, watch some you tube videos. Key is to make sure at end of seaso...
by Grt2bOutdoors
Thu Nov 15, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 44
Views: 2118

Re: which snow blower ?

Hi, We live in the suburb of a major East Coast city in the US. Here, there are three to four major storms with snow from 7 to 15 inches per winter. Light snow falls with less than 5 inches are more often in the winter. I have a driveway that is about 120 foot. I am looking for a snow blower. I nev...
by Grt2bOutdoors
Thu Nov 15, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Off- How Does This Look?
Replies: 6
Views: 641

Re: Starting Off- How Does This Look?

Sure, you can invest 100% equity - your first test of risk tolerance will be when you see a 250k or 500k retirement plan become half that amount. If you can stay the course and remain 100% equity during a downturn that could last 2-3 years then you’ve selected the right allocation. The only hiccup c...
by Grt2bOutdoors
Thu Nov 15, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning
Replies: 10
Views: 792

Re: Retirement Planning

tundratoy wrote:
Thu Nov 15, 2018 7:44 pm
Yes, the 600K is our combined 401ks and IRAs.
How are those currently allocated and in what funds are they invested in?
by Grt2bOutdoors
Thu Nov 15, 2018 4:50 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4271

Re: Does Early Retirement Make You Live Longer?

dm200 wrote:
Wed Nov 14, 2018 3:13 pm
Probably anecdotal - but I have seen claims that earlier retirement shortens lifespan.

Guys retire - and sit on a recliner watching TV and drinking a lot of beer and junk food.
That^^ + lack of mental stimulation.
by Grt2bOutdoors
Wed Nov 14, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 86
Views: 4394

Re: fuel for snowblower

Ethanol shield - find it in Home Depot. Stuff works great.
by Grt2bOutdoors
Wed Nov 14, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 2909

Re: Portfolio decisions as we approach retirement

You’re not going to find it - 7% avg returns with no more than 25% historical drawdown. 2008 threw that out the window for just about any fund holding 60%+ in equities and you’ll need equities to generate anything close to that level of returns. Play with portfoliovisualizer.com, plug in the various...
by Grt2bOutdoors
Wed Nov 14, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6841

Re: Are you all staying the course?

Steady as she goes, the value ebbs and flows much like the waves at the beach. Looking like this will be a flat to slightly up year. Can’t wait to see who wins this years S&P 500 prediction.

Did buy some international today.
by Grt2bOutdoors
Wed Nov 14, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Teaching young folks how to save for retirement
Replies: 27
Views: 1875

Re: Teaching young folks how to save for retirement

When farmers harvest a crop, they always keep some “seed” corn on the side in case of a future poor harvest. The sun does not always shine, when hard times appear, having resources on the side buffers you from the fallout. When learning about American and World History, there were plenty of examples...
by Grt2bOutdoors
Wed Nov 14, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 39
Views: 2083

Re: Home addition vs. Buying New

No personal experience, but from folks I know who have undertaken such major additions/renovations often encounter large added costs above the original estimates. On the other hand, neighbors on our street successfully doubled the size of their house. +1. Take the contractor estimate and add a 25-3...
by Grt2bOutdoors
Tue Nov 13, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 60
Views: 12551

Re: Murphy's Law Of Retirement

Also, if you stick to a SWR (safe withdrawal rate) or use a variable percentage withdrawal strategy, you should be fine over the long term. Both are discussed at length at bogleheads. Do a search and see. The entire concept of safe withdrawal rates is build around historical sequence of returns ris...
by Grt2bOutdoors
Tue Nov 13, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1125

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

15 percent of gross pay for each. Do it now and thank yourselves in 20 years. When I could not afford to contribute the maximum permitted by IRS, I contributed 15%. That plus any match will set them on a sustainable path to be able to retire. A pension offered by state government paying 60% of final...
by Grt2bOutdoors
Tue Nov 13, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4825

Re: Is maxing out Tax defered 401(k) enough?

HELOCs should not be thought of as an emergency backstop. Ten years ago, when the stuff hit the fan, the banks saw declines in the underlying value of real estate collateral backing the HELOCs and in lockstep either cut the borrowing limits or eliminated them altogether. If you rely on something to ...
by Grt2bOutdoors
Tue Nov 13, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 25
Views: 6032

Re: The Disaster That Is General Electric Company Stock

This could be a buy opportunity. Much like buying in 09 and selling in 16, you could have doubled your investment while collecting dividends the whole time. While the reduction in dividend is quite a blow, it was probably a smart move. There is also talk of GE breaking up into smaller companies wit...
by Grt2bOutdoors
Tue Nov 13, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 18
Views: 3195

Re: Won a lawsuit after a wrongful death in the family. How to invest?

If you were in your mid-20s, with no family or mentors to speak of, what would you due with the funds? This truly breaks my heart about your situation. First I would tell no one about the money, luckily you can remain anonymous here. Secondly I would attempt to become "adopted" by a family whose va...
by Grt2bOutdoors
Sun Nov 11, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: A Special Kind of Market-Linked CD?
Replies: 14
Views: 736

Re: A Special Kind of Market-Linked CD?

These are FDIC insured. They aren’t great investments, but other forum members are wrong to compare the returns of an FDIC insured CD to the S&P 500. You are the only poster in the thread who is making the comparison of an FDIC insured CD to the S&P 500. Though, when one mentions the name as being ...
by Grt2bOutdoors
Sun Nov 11, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should we drop our manager, for 4-fund portfolio?
Replies: 55
Views: 4773

Re: Should we drop our manager, for 4-fund portfolio?

How much extra value did the investment manager provide versus the benchmark return? How tax efficient is your portfolio? For taxable assets, reallocating should be done on as much of a tax efficient basis as possible. Did you incur any taxable gains in the time you have held this portfolio that req...
by Grt2bOutdoors
Sun Nov 11, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: A Special Kind of Market-Linked CD?
Replies: 14
Views: 736

Re: A Special Kind of Market-Linked CD?

Can someone give me his opinion on the following investment vehicle, and clarify exactly how it works? From what I understand, it guarantees an annual rate of return (the CD portion) in addition to any (partial?) returns of a diversified index ("GS Momentum BuilderMulti-Asset 5 ER Index"): http://w...
by Grt2bOutdoors
Fri Nov 09, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4609

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by Grt2bOutdoors
Fri Nov 09, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: What can I do better?
Replies: 29
Views: 2219

Re: What can I do better?

Sell MS - pay off student loans. Take your monthly student loan payments and open a 529 plan with Utah plan - my529.org or NYS529Direct - nysaves.org. Why are you holding nearly $50k in one equity? How much in gains do you have in Morgan? Are you paying for a college coach? Don’t. Ask your questions...
by Grt2bOutdoors
Fri Nov 09, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement and Asset Allocation
Replies: 20
Views: 1966

Re: Early Retirement and Asset Allocation

Thanks siamond and aristotelian. aristotelian - I did not panic and sell a thing in 2008. In fact I took out a small home equity loan and added to positions.I see your sequencing risk point, however the portfolio is built to yield 5% which is a little more than my 4% WR. Individual companies may cu...
by Grt2bOutdoors
Fri Nov 09, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Need Advice Regarding Where to Put Retirement Funds
Replies: 7
Views: 910

Re: Need Advice Regarding Where to Put Retirement Funds

Over 90% of the return is captured by Institutional Index, but if that’s not good enough for you - Warren Buffett gives it his stamp of approval. I wouldn’t hesitate to just buy institutional index if it were the only choice in the plan.
by Grt2bOutdoors
Fri Nov 09, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Ron Baron Claims He Beats the Markets
Replies: 8
Views: 1153

Re: Ron Baron Claims He Beats the Markets

His Baron Growth fund offers good performance but I balk at paying close to hedge fund pricing in expenses. Good Lord, even Fidelity doesn’t charge those expenses. However I do understand why Ron Baron might charge those expenses, I read in the past he’s thrown some wildly expensive holiday parties ...
by Grt2bOutdoors
Fri Nov 09, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Convinced wife to invest but wants her own accounts
Replies: 22
Views: 3376

Re: Convinced wife to invest but wants her own accounts

I don't understand the "I dont want to have to ask you for money" argument. If its a joint account she will have access to it. The only discussion would be if the money should be withdrawn for whatever purpose. The same conversation should happen with or without joint accounts. It’s a security issu...
by Grt2bOutdoors
Fri Nov 09, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance through Work
Replies: 4
Views: 377

Re: Term Life Insurance through Work

Those are group rates, you might do much better purchasing it on the open market - term4sale.com
What happens if you lose your job, you lose your life insurance - unless there is a portability feature.
by Grt2bOutdoors
Fri Nov 09, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14585

Re: How much money are you leaving your kids after you die?

My wife's parents are at high risk of dementia and struggle with alcohol abuse, yet their retirement plan is to "work until they croak". We've been keeping fully informed on their assets since our mid 20s so that we know how much it will impact us when they're no longer able to keep working. Someth...
by Grt2bOutdoors
Fri Nov 09, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14585

Re: How much money are you leaving your kids after you die?

Our daughter doesn't know our net worth. She asks, but I tell her that my father didn't share that with me until I was well into my 40s/50s, and I'm inclined to do the same with her. Unsure about this ... Not to single out this poster, but does anyone else feel this rubs them the same way as it doe...
by Grt2bOutdoors
Thu Nov 08, 2018 10:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security
Replies: 8
Views: 760

Re: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security

What a coup! Wish I was in dc area to attend.
Sounds like it will be a fantastic presentation. Would you kindly be able to share your findings with the forum?
by Grt2bOutdoors
Thu Nov 08, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Go it alone or stay with wealth management?
Replies: 10
Views: 1289

Re: Go it alone or stay with wealth management?

At age 40, you are pushing it with a 4% withdrawal rate, especially if you want the money to last 50 years. You need a high equity allocation. Lower the withdrawal rate, lower the equities. But first you must ditch the 1.25% advisor, that represents nearly 30% of your first year withdrawal rate.
by Grt2bOutdoors
Thu Nov 08, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8119

Re: 1/3 of Baby Boomers have no retirement savings...

Considering the fact that the Baby Boomer generation is collectively the wealthiest generation of people that have ever lived on planet earth, I'm not sweating their chances at decent retirements too much. Key word here is "collectively." The wealth is not evenly distributed. I saved ferociously an...