Search found 19218 matches

by Grt2bOutdoors
Tue Dec 18, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 71
Views: 4886

Re: Is anyone's portfolio not tanking???

Hi all WIth the stock market going down.. I would guess that most people are getting hit. I have majority of my retirement investments with Vanguard (just a small amount with fidelity 80K and 53K with Mutual of American in a guaranteed 3% account) I just retired and trying not to take anything out ...
by Grt2bOutdoors
Tue Dec 18, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Invested a lump sum a few weeks ago..
Replies: 28
Views: 1690

Re: Invested a lump sum a few weeks ago..

No, you made the right move. If the account was in taxable, you could have chosen to tax loss harvest. That would enable you to realize some tax savings and still keep your money in the market.
by Grt2bOutdoors
Tue Dec 18, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Save me from tax liability
Replies: 21
Views: 1344

Re: Save me from tax liability

You earn the money, you pay the tax. I don’t get why you like having the trophy but dislike the price of it, that you would go to lengths such as seeking out a counterproductive depreciating asset.
by Grt2bOutdoors
Tue Dec 18, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Is Liquid Plumber / Draino bad for the pipes?
Replies: 37
Views: 3034

Re: Is Liquid Plumber / Draino bad for the pipes?

Home Depot - black bottle of Liquid Drano (gel) extra strength, use hot water. Might take a couple of times but it will open that clog up, no problem. Give it some time
by Grt2bOutdoors
Mon Dec 17, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Inadvertent disclosure of personal info by a lawyer
Replies: 18
Views: 2490

Re: Inadvertent disclosure of personal info by a lawyer

Or, ask the attorney to have the recipient of the disclosed data to sign a document indicating they have indeed destroyed the confidential information and will not use it for any purpose without the express written consent of those individuals. Good Luck obtaining such a document, but if you do man...
by Grt2bOutdoors
Mon Dec 17, 2018 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bottom fishing
Replies: 31
Views: 3088

Re: Bottom fishing

I noticed many here dismiss people posting about buying when the market is heading down. I wouldn't call this trying to time the market, but just buying on a dip. VTI is about 13% off highs and I will sell 1/4 of my bonds and buy VTI when it's 15% off it's high, buy more at 20%, 25% and 30%. If it ...
by Grt2bOutdoors
Mon Dec 17, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Kid schooling - not learning much academically. Looking for suggestions.
Replies: 102
Views: 4333

Re: Kid schooling - not learning much academically. Looking for suggestions.

Thank you for the suggestions. We have looked at public schools. The general comments I received from other parents are "public schools goal is to bring less able students to certain acceptable level". However, if he is not learning much at current school, there is no harm moving to public school. ...
by Grt2bOutdoors
Mon Dec 17, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: Friend looking at land to build, but will probably have naturally occurring asbestos
Replies: 29
Views: 1899

Re: Friend looking at land to build, but will probably have naturally occurring asbestos

OP - have your friend contact his new partner, applejack. Applejack seems to be the ideal partner, especially since he thinks it isn't a big deal. :twisted:
by Grt2bOutdoors
Mon Dec 17, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Friend looking at land to build, but will probably have naturally occurring asbestos
Replies: 29
Views: 1899

Re: Friend looking at land to build, but will probably have naturally occurring asbestos

Was that before the 1980s when we entered the era of "asbestos hysteria"? Mingus the Johns Manville knew about this for years way before 1980's no different than the Tobacco industry. https://en.wikipedia.org/wiki/Johns_Manville Asbestos litigation and Johns Manville Starting as early as 1929, John...
by Grt2bOutdoors
Mon Dec 17, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Inadvertent disclosure of personal info by a lawyer
Replies: 18
Views: 2490

Re: Inadvertent disclosure of personal info by a lawyer

Posting for someone else. An immigration lawyer has disclosed personal info of a wife and husband, including DOBs and SSNs to someone who the lawyer claims to be a previous client. The lawyer has apologized and said the said client has been asked to delete the info. The couple have since contacted ...
by Grt2bOutdoors
Mon Dec 17, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8814
Views: 1693181

Re: U.S. stocks in free fall

So if I look up the Total Stock Market index ETF ITOT, it says the P/E is 11 (exactly) today. Is that accurate? That makes stocks seem pretty darn cheap to me. (This is from Yahoo Finance.) Correct. But that is not suggesting it's won't be cheaper or stay this cheap for a long period. Wrong, it's n...
by Grt2bOutdoors
Mon Dec 17, 2018 9:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8814
Views: 1693181

Re: U.S. stocks in free fall

So if I look up the Total Stock Market index ETF ITOT, it says the P/E is 11 (exactly) today. Is that accurate? That makes stocks seem pretty darn cheap to me. (This is from Yahoo Finance.) No. Yahoo Finance should not be considered a source of "valid" data. The issuer of ITOT is Ishares. You can f...
by Grt2bOutdoors
Mon Dec 17, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8814
Views: 1693181

Re: U.S. stocks in free fall

Been investing the max allowed by tax law in my 401 k in a total stock market index fund all my working life. I slept through 2008, doing what I have always been doing. Didn't sell anything and kept up the monthly purchases. Was 100% in that fund until the middle of this year when I turned 50. Chan...
by Grt2bOutdoors
Mon Dec 17, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: Getting your own money back: annuities vs. social security
Replies: 21
Views: 1456

Re: Getting your own money back: annuities vs. social security

Here's the complexity. I can retrieve the amount of premiums paid by myself and by my employers. But I need to account for the "purchase cost" of my SS benefits taking into account an estimate of what those premiums would have earned had they been invested over the years, and also adjust for inflat...
by Grt2bOutdoors
Sun Dec 16, 2018 6:40 pm
Forum: Personal Consumer Issues
Topic: Friend looking at land to build, but will probably have naturally occurring asbestos
Replies: 29
Views: 1899

Re: Friend looking at land to build, but will probably have naturally occurring asbestos

Why not ask the owner? Sounds funny. I'm skeptical of a buttinski neighbor who may want to purchase the land themselves. JT Eh, once upon a time, my wife and I were looking to purchase a house. Nosy neighbor comes over and says "you going to buy that house"? If you are, you have to fix the retainin...
by Grt2bOutdoors
Sun Dec 16, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off student loan debt as markets are slowing down?
Replies: 27
Views: 1461

Re: Paying off student loan debt as markets are slowing down?

OP, 1) How big is your emergency fund? 2) How safe is your job? If we hit a recession next year and you are unemployed, how long can you survive? KlangFool 1) 30k, which should last me more than 6 months 2) safe right now; no tell if we hit a recession. On second thought - take $30K and pay down th...
by Grt2bOutdoors
Sun Dec 16, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off student loan debt as markets are slowing down?
Replies: 27
Views: 1461

Re: Paying off student loan debt as markets are slowing down?

Stopping investments when market is down is TERRIBLE advice. Good grief. Keep investing, you are buying low. Pay off debt no matter what the market is doing. The sooner the better. Losing your job when the market is in the TANK is even worse. Now you have no job and no emergency fund. Very easy to ...
by Grt2bOutdoors
Sun Dec 16, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Account Or Three Fund Portfolio
Replies: 5
Views: 451

Re: Savings Account Or Three Fund Portfolio

Here's a 4 Letter Portfolio - FDIC. If the vehicle you use does not say insured by FDIC on it, pass. Money you need in 1 or 2 years belongs in a safe vehicle. Securities are not safe, they are inherently risky, even money market funds can be riskier than an FDIC insured savings account. I leave you ...
by Grt2bOutdoors
Sun Dec 16, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off student loan debt as markets are slowing down?
Replies: 27
Views: 1461

Re: Paying off student loan debt as markets are slowing down?

OP, 1) How big is your emergency fund? 2) How safe is your job? If we hit a recession next year and you are unemployed, how long can you survive? KlangFool 1) 30k, which should last me more than 6 months 2) safe right now; no tell if we hit a recession. On second thought - take $30K and pay down th...
by Grt2bOutdoors
Sun Dec 16, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off student loan debt as markets are slowing down?
Replies: 27
Views: 1461

Re: Paying off student loan debt as markets are slowing down?

6% risk free and guaranteed, what's not to like? Pay off those loans, tomorrow!
by Grt2bOutdoors
Sun Dec 16, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Friend looking at land to build, but will probably have naturally occurring asbestos
Replies: 29
Views: 1899

Re: Friend looking at land to build, but will probably have naturally occurring asbestos

Friend and I were looking at a parcel of land a few weeks ago when a neighbor walked over and said the land will most likely have naturally occurring asbestos. She said another plot of land that sold nearby had it and the owner had to mitigate the problem by bringing in a "a couple feet of soil", s...
by Grt2bOutdoors
Sun Dec 16, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contra Fund
Replies: 24
Views: 2027

Re: Fidelity Contra Fund

Have owned this fund in my IRA for over 15 years, my parents have held it for 20. This fund has a great track record. Listen to your DW, whatever conflicts you have put them aside. Let me say it another way: you own 10% of assets in this fund, in reality you are holding 4% of total assets in ten sto...
by Grt2bOutdoors
Sun Dec 16, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Friend looking at land to build, but will probably have naturally occurring asbestos
Replies: 29
Views: 1899

Re: Friend looking at land to build, but will probably have naturally occurring asbestos

Your friend is “nuts” unless there is a strong strong reason for buying this particular parcel of land and your friend has very “deep” pockets. While not asbestos, recently two partners purchased a plot of land “for a discount” that had a former gas station there. The former owners, a large well kno...
by Grt2bOutdoors
Sat Dec 15, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Strange [job] interview- what do you think?
Replies: 35
Views: 3522

Re: Strange [job] interview- what do you think?

* hiring manager ... interviewed me for more than an hour. Were you interviewed only by the hiring manager for more than an hour? Is that all? I am not sure what kind of position you applied for, but I begin to wonder how a company can make a hiring decision after an interview by only one person fo...
by Grt2bOutdoors
Sat Dec 15, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: "The Steak Dinner Annuity Pitch"
Replies: 68
Views: 7612

Re: The Free Dinner Annuity Sales Pitch, 2 NY Times articles

Why would any institution "give-up" control of assets to an insurance company only to have them skim off some high percentage each year?
by Grt2bOutdoors
Sat Dec 15, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6935

Re: In a Bear Market, What Are Some Best Practices

If you enjoy a little financial schadenfreude like I do, Take a list of everyone on Reddit/this forum that says they're 100% in stocks right now Search their post history when the market drops 20% or more Enjoy a cup of coffee TLH and rebalance according to your AA You don’t even need to go there, ...
by Grt2bOutdoors
Sat Dec 15, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 55
Views: 5520

Re: Should you always use a 529?

Good point. I think we're unlikely to qualify for fin-aid at all though either way (Bay Area--high COL, higher than average salary). Merit Scholarships are his only hope in that regard. From what I've heard, there are literally thousands of scholarships out there that don't involve need. I know of ...
by Grt2bOutdoors
Sat Dec 15, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 107
Views: 9127

Re: I made a mistake by not selling when the market was high this year

If you sell now, the buyer on the other side of the trade will be me. Those who sold yesterday, sold to me and countless others. If you don’t need this money in the next 10 years, don’t sell it. If earnings stay flat for next ten years at 5% per year, the value of equities will be up even after infl...
by Grt2bOutdoors
Sat Dec 15, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Bonds stocks commodities etc all declining. What to do?
Replies: 7
Views: 777

Re: Bonds stocks commodities etc all declining. What to do?

It is very interesting to me that GDP numbers are 3.5% for 3rd quarter 2018 and on track for something above 3%. Also unemployment is reported to be at historical lows. Corporations got a humongous tax cut for 2018, too. Gasoline prices are the lowest since February. So where did all the money go? ...
by Grt2bOutdoors
Sat Dec 15, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Bonds stocks commodities etc all declining. What to do?
Replies: 7
Views: 777

Re: Bonds stocks commodities etc all declining. What to do?

This is the great fear people have been clamorong about. What happens when theres little to invest in? If this is so do we run for the hills and keep cash only or is this a blip. Nytimes says this hasnt happened in decades. So that includes the last financial crisis. There is always something to in...
by Grt2bOutdoors
Sat Dec 15, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 55
Views: 5520

Re: Should you always use a 529?

Just keep in mind money in the kids name is weighted the heaviest for financial aid. In order words you are better off having the money in your name as the parent or a 529. In all of this keep in min your time horizon, you have 4 years until you need to make a withdraw and between 0 and 4+ years in...
by Grt2bOutdoors
Sat Dec 15, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 187
Views: 13496

Re: OBAMACARE RULED ILLEGAL BY TEXAS COURT

It’s not law, it’s up for discussion. I can see this thread being shut down based on forum rules. Also, screaming by writing the topic in capital letters is not proper etiquette.
by Grt2bOutdoors
Fri Dec 14, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6935

Re: In a Bear Market, What Are Some Best Practices

nedsaid wrote:
Fri Dec 14, 2018 11:41 am

Also a reminder to de-risk your portfolio as you get older. I personally am having a hard time doing that.
Don't worry Ned, Mr. Market will do that for you. Today Mr. Market de-risked another 1%+ from us. :twisted:
by Grt2bOutdoors
Fri Dec 14, 2018 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Grandma's Money
Replies: 8
Views: 1365

Re: Grandma's Money

Hi everyone, been reading this forum for a few years now, but this is my first post. My grandfather recently passed away, leaving a seven figure portfolio to be managed by my father on behalf of my grandmother, who has Alzheimer's. I was horrified to find that PNC investments was charging an AUM of...
by Grt2bOutdoors
Fri Dec 14, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 2844

Re: Is it difficult to change a baby's legal name?

James Daniel -or- Daniel James both sound good to me. I don't know where "supplanter" comes from and I can assure you of all the Jim/James folks I know, I never once associated the word supplanter with them nor their names. I like this. JD. Yep, good ole Jefferson Davis "JD" Hogg. :wink: Or, Jesse ...
by Grt2bOutdoors
Fri Dec 14, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: Will the 2008 recession help avoid severity of the next recession?
Replies: 39
Views: 2275

Re: Will the 2008 recession help avoid severity of the next recession?

bearcub wrote:
Fri Dec 14, 2018 1:06 pm
Where is that Santa Claus rally. lol. Bah humbug. :shock:
You are getting a big fat lump of coal this year. Next year if you are lucky, you’ll get an orange. Just like it was when my folks were growing up.
by Grt2bOutdoors
Fri Dec 14, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Imminent retirees & sequence fear
Replies: 64
Views: 3459

Re: Imminent retirees & sequence fear

OP - Read what you wrote. You don’t feel comfortable in equities and you don’t like lending money to US Government. Equities- that’s fine, no need to take risk. But lending money to the government? You think your prime money market is safer? How about those CDs- you know the same ones that are backs...
by Grt2bOutdoors
Fri Dec 14, 2018 3:47 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10184

Re: Robinhood to launch 3% Checking & Savings Accounts

A fool and his money are soon departed. I would pass on this - venture capital is no different than private equity, they aren’t doing this out of the goodness of their hearts. They are in it for the money. Seeing as this is not insured money, if you want a higher yield (though not quite 3% yet) and ...
by Grt2bOutdoors
Thu Dec 13, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1489

Re: Do our savings rate habits change as we get older?

I suspect savings rate is mainly a question of personality and upbringing. What is comfortable and normal for each person is formed based on his or her nature and what they have witnessed during their formation. The good news is those things are not static and can be developed to achieve better res...
by Grt2bOutdoors
Thu Dec 13, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 48
Views: 5653

Re: New job, sales at Subaru

Don’t BS the customer. If you get down to price, don’t do what a salesman at a family owned Subaru dealer tried to pull with me. Quote a price, I repeat the price, you get your manager who then proceeds to tell me it does not include title, registration etc. when the sales guy said it did. I walked ...
by Grt2bOutdoors
Thu Dec 13, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Lost value in 529 savings
Replies: 23
Views: 1573

Re: Lost value in 529 savings

We are not much into investments (except 401K). Hardly get to understand these investment options :? At IL 529 brightstart investment options we picked: Index Moderate Age Based 11-12 Here is the link about the plan we picked : https://www.brightstart.com/portfolios/moderate-age-based-index-strateg...
by Grt2bOutdoors
Thu Dec 13, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: MLP's [Master Limited Partnership]
Replies: 26
Views: 1577

Re: MLP's

1. Is there a place for MLP'S in Boglehead investing? I guess thats first thing I should ask Who cares? Is it right for you? 2. Do you personally own any MLP's. What do you own and why? Yes, I own 8 but the majority of my MLPs holding are in the two I consider the best midstream MLPs: EPD and MMP. ...
by Grt2bOutdoors
Thu Dec 13, 2018 7:19 am
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 92
Views: 7197

Re: Is a New Car Okay if Driven 15+ Years?

Listen to your husband-buy the new car, drive it into the ground. Most of all, enjoy it!!
by Grt2bOutdoors
Thu Dec 13, 2018 7:09 am
Forum: Investing - Theory, News & General
Topic: VMVFX (Global Minimum Volatility) as core equity holding. Your opinion?
Replies: 114
Views: 5088

Re: VMVFX (Global Minimum Volatility) as core equity holding. Your opinion?

I don’t invest my core holding in “fads”. Minimum this, Alternative that, Risk Parity.....people in general disparage hedge funds, mutual funds with similar names and strategies are no different, just marketing that’s all it is. The core of anyone’s investment portfolio should be plain vanilla. It m...
by Grt2bOutdoors
Wed Dec 12, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice as I Turn 30
Replies: 20
Views: 1954

Re: Seeking Advice as I Turn 30

Two things to add: okay to hold individual stock but don’t let any one individual stock exceed 5% of assets. Lot easier to come back from a 1 or 2 percent loss than it is from a higher weighing in any one individual holding. Two, while small cap can underperform so can any other asset class includin...
by Grt2bOutdoors
Wed Dec 12, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Where does one purchase correctly-sized petite trousers?
Replies: 27
Views: 1239

Re: Where does one purchase correctly-sized petite trousers?

Get over the pricing, first impressions are everything. Second, what is more important an investment upfront of $180 or the job in question? I don’t like to spend more than the next person but you have to weigh the cost vs the benefits. You have specific requirements- they can be met in one of a few...
by Grt2bOutdoors
Wed Dec 12, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Lost value in 529 savings
Replies: 23
Views: 1573

Re: Lost value in 529 savings

You have an 11 year old - you need the funds today? No, you need them in 7 years, and hopefully only 1/4 of it at any one time. College costs more than $20K over 4 years anywhere today. Given the choice, I would save in the 529 plan. Just select an asset allocation that permits you to have some grow...