Search found 19384 matches

by Grt2bOutdoors
Thu Jan 17, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 63
Views: 4961

Re: ode to St. Jack

1210sda wrote:
Thu Jan 17, 2019 12:49 pm
Thanks so much for sharing, Larry. Enjoyed seeing the framed, handwritten note from Jack.
1210
+1 Same here.
by Grt2bOutdoors
Wed Jan 16, 2019 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6774

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

3.75% is conservative, nearly 28x expenses and that is with zero growth. If bonds yield 3%, equities will have to yield more to entice risk takers. I think you have this backwards. Nothing ever "makes" equities yield more, except for larger corporate profits (and profit sharing!) In fact, I think y...
by Grt2bOutdoors
Wed Jan 16, 2019 11:02 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 812
Views: 38977

Re: John Bogle has died at age 89

So sorry to have heard this. Mr. Bogle was a true champion for the little guy. The world is a much better place for it. He started a revolution that will continue far far into the future.

My condolences to his family and the staff at Vanguard.
by Grt2bOutdoors
Wed Jan 16, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6504

Re: A co-worker makes more than me

Discuss your performance with manager. Highlight how your performance translated into more efficiency or more revenues for company. What ever you do, do not go into the meeting with, saying or conveying that your co-worker makes $X dollars more. Maintain a cordial approach, do not become confrontati...
by Grt2bOutdoors
Wed Jan 16, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 79
Views: 5629

Re: When would you stop being a Boglehead?

No. I would hire a custodian to hold my assets, fees could be as low as a flat fee or 1 basis point. Insurance costs, but there is a reason for it. And, I would require that custodian agreement is non SLA (no securities lending) to ensure your assets are exactly where you placed them and accessible ...
by Grt2bOutdoors
Tue Jan 15, 2019 8:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.
Replies: 11
Views: 2490

Re: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.

Major news companies are reporting that a PG&E bankruptcy is inevitable. They themselves have stated that they caused 1,550 fires from mid-2014 to the end of 2017. "The number of fires PG&E reported its equipment sparked has risen in recent years even as it has stepped up spending on tree trimming ...
by Grt2bOutdoors
Mon Jan 14, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3519

Re: too much college savings

This is one of the reasons why I chose not to contribute to a 529 account. The possibility of your children not attending college or else getting a free ride is too high in my estimation, especially if you have other tax-advantaged space. You went from talking about “I” to talking about “you”. Who ...
by Grt2bOutdoors
Fri Jan 11, 2019 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Reading 529 Performance
Replies: 2
Views: 155

Re: Helping Reading 529 Performance

Hi all - I'm surfing my way through 529 funds and researching various articles to find the right one. I'm from outside US so this is all a bit new to me. When I look at performance, many funds seem to have a minus for 2018. Does a minus indicate that the fund has lost money? Did 2018 end up being a...
by Grt2bOutdoors
Fri Jan 11, 2019 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 11089

Re: Biggest Investment Mistake

Bought a “hot” mutual fund in 2008. It declined way more than the market. Sold it just four months later at a 50% loss. Been buying index funds ever since. Here's one for you - bought Fidelity Aggressive Growth fund after the "hot hand" managed a 100% yearly return (yes, that's right it went up 100...
by Grt2bOutdoors
Fri Jan 11, 2019 8:45 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9677

Re: Disciplined with finances, but not so with diet

Any bogleheads any diet wisdom? I've always been disciplined with saving money but can't seem to apply the same discipline to my diet. I have tried weight watchers, Jenny Craig, beach body, keto, my fitness pal...I lack discipline and get hungry. Just this week I decided to start eating the same th...
by Grt2bOutdoors
Fri Jan 11, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Geico auto - used parts??
Replies: 24
Views: 1177

Re: Geico auto - used parts??

In case of collision claim, geico allow us to use OEM parts. Their repair centers are best and have lifetime warranty on what they worked on. In windshield claim, if you have crack they go to safelite to avoid replaement But if you need replacement its OEM or OEM equivalent in windshield glass and ...
by Grt2bOutdoors
Fri Jan 11, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: Cleaning Car Battery Terminals
Replies: 26
Views: 1548

Re: Cleaning Car Battery Terminals

One other detail not mentioned yet. That white corrosion is an insulator. If it builds up between the terminal and the connector, the car will not start, until it is removed. Goggles Remove negative connector Remove positive connector Baking soda solution/brush Rinse Wire brush Rinse Grease (no pai...
by Grt2bOutdoors
Fri Jan 11, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 160
Views: 8318

Re: Getting a Mortgage when You can Pay Cash for a House

Would you borrow money to a) invest in the stock market?, b) borrow money to put the proceeds in your savings account or c) borrow money to inflate your standard of living? That is what you will be doing IF you take a mortgage on your prospective home. The next question is what hurdle rate must the ...
by Grt2bOutdoors
Fri Jan 11, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13860

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

lostdog wrote:
Thu Jan 10, 2019 11:06 am
If you listen to Dave Ramsey, listen to the Millionaire theme hours. Good stuff!
That and the Debt Free scream!
by Grt2bOutdoors
Fri Jan 11, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13860

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

I am always saddened (though you didn't say) by how many people on here say no.kids like it's an achievement or something! Yes kids are expensive but they don't need to break the bank and they add so much joy and meaning to life. But without them you also run the risk of a lonely terrible end of.li...
by Grt2bOutdoors
Thu Jan 10, 2019 8:38 pm
Forum: Investing - Theory, News & General
Topic: Salary, Portfolio size, and Asset Allocation
Replies: 33
Views: 2741

Re: Salary, Portfolio size, and Asset Allocation

Salary is a generous bond? Salary is inflation protected? How so?
by Grt2bOutdoors
Wed Jan 09, 2019 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed for a young person
Replies: 7
Views: 371

Re: Advice needed for a young person

Tell him to go for it but with a margin only account. You can make a lot of money fast with a margin account, you can lose it just as fast.
by Grt2bOutdoors
Wed Jan 09, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: Why did RAD stock fall so much?
Replies: 15
Views: 924

Re: Why did RAD stock fall so much?

Don't invest in individual stocks. You might want to read this before posting more questions https://www.bogleheads.org/wiki/Getting_started Welcome to Bogleheads! Im asking out of curiosity, not as advice to invest in their stock. How did you even know what happened to RAD? Why were you tracking t...
by Grt2bOutdoors
Wed Jan 09, 2019 6:11 pm
Forum: Investing - Theory, News & General
Topic: Why did RAD stock fall so much?
Replies: 15
Views: 924

Re: Why did RAD stock fall so much?

Don't invest in individual stocks. You might want to read this before posting more questions https://www.bogleheads.org/wiki/Getting_started Welcome to Bogleheads! Im asking out of curiosity, not as advice to invest in their stock. How did you even know what happened to RAD? Why were you tracking t...
by Grt2bOutdoors
Wed Jan 09, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you take inheritance into account when calculating net worth?
Replies: 68
Views: 4501

Re: Do you take inheritance into account when calculating net worth?

HomerJ wrote:
Wed Jan 09, 2019 4:27 pm
9-year old kid: "Dad, are we rich?"

Dad: "Your Mom and I are well off... YOU are flat broke."
Sounds like the line from William Bernstein’s If You Can where he asks his father if they are rich. The response is the parents are comfortably well-off, you don’t have a dime!
by Grt2bOutdoors
Wed Jan 09, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Child # 3 - seeking advice from older members
Replies: 87
Views: 6510

Re: Child # 3 - seeking advice from older members

From a quick glance, most folks with young families are in their late 30s to early 40s. Seems like a boglehead induced shift to the right. Secured/established finances and then began the family vs kiddos in mid to late 20s. This being a financial forum you would think that but perhaps it was a matt...
by Grt2bOutdoors
Wed Jan 09, 2019 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)
Replies: 33
Views: 2127

Re: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)

thats a great start as a solo practitioner. what area of law do you focus on? pay off student loans asap. you cant get a guaranteed return anywhere near it in public markets. Real estate law, employment law, and basically any other civil litigation. My hesitation in rushing to pay off the loans is ...
by Grt2bOutdoors
Wed Jan 09, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance when I have heart disease
Replies: 13
Views: 1064

Re: Life insurance when I have heart disease

Make no mistake about it - any heart attack is a catastrophic event for you, you can not reasonably predict which artery clots up. There are folks who survive heart attacks but that is usually the result of immediate medical intervention and even then the odds of you surviving may not be that high. ...
by Grt2bOutdoors
Wed Jan 09, 2019 7:20 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Does The Bucket Approach Destroy Wealth?
Replies: 56
Views: 5760

Re: Larry Swedroe: Does The Bucket Approach Destroy Wealth?

...Yes, indeed. When thinking of 'risk' for a retiree while going beyond the naive 'risk == volatility' mantra, you quickly end up analyzing effects over the entire retirement period, hence addressing deep(er) risks. Which are, imho, much more meaningful. Then yes, when running corresponding simula...
by Grt2bOutdoors
Wed Jan 09, 2019 7:08 am
Forum: Investing - Help with Personal Investments
Topic: generating money safely/ cd interest/treasuries --is this ok?
Replies: 9
Views: 884

Re: generating money safely/ cd interest/treasuries --is this ok?

Thanks for you reply. I appreciate you taking the time to respond. I'd like to keep the money/principal safe. A cd feels better right now than going into stocks. My question is how interest income in cd's work--can you direct it into a savings account? I've only reinvested before so didn't know if ...
by Grt2bOutdoors
Wed Jan 09, 2019 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Do you take inheritance into account when calculating net worth?
Replies: 68
Views: 4501

Re: Do you take inheritance into account when calculating net worth?

GAAP wrote:
Tue Jan 08, 2019 2:21 pm
Would you count future Lotto winnings as part of your net worth?
I would if I had the uncashed ticket in my possession.
by Grt2bOutdoors
Tue Jan 08, 2019 11:56 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35667

Re: I don't understand the case for EE bonds

I wish I could buy more EE bonds but we are limited in our annual purchases. And I wish I could borrow from you at EE bond terms. You are - how do you think the government finances itself? The people are the government. No, I'm an individual. The people do not borrow from themselves. I meant, of co...
by Grt2bOutdoors
Tue Jan 08, 2019 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Child # 3 - seeking advice from older members
Replies: 87
Views: 6510

Re: Child # 3 - seeking advice from older members

From a quick glance, most folks with young families are in their late 30s to early 40s. Seems like a boglehead induced shift to the right. Secured/established finances and then began the family vs kiddos in mid to late 20s. This being a financial forum you would think that but perhaps it was a matt...
by Grt2bOutdoors
Tue Jan 08, 2019 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6774

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

There's too many variables for a "standard". - Longevity: I personally need assets to last longer than the standard 30 years - Return: Those tables are based on historic returns. Looking forward, my guess is that returns will be less than average because of the recent bull market - Sequence of retu...
by Grt2bOutdoors
Tue Jan 08, 2019 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6774

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

Probably because a lot of retirees might not be able to stay the course with 75% equities. I know in my brain that it would probably be better with 75%, but my pillow says to be 50%. This. 75% stocks is too scary. 25% in bonds isn't enough to keep me feeling safe during an extended crash. 4% instea...
by Grt2bOutdoors
Tue Jan 08, 2019 8:50 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35667

Re: I don't understand the case for EE bonds

Comparing any government bond to any stock index is irresponsible and irrelevant. I don't want to get on that merry-go-round again, so I will simply say that it is perfectly reasonable to compare completely disparate investment opportunities in terms of what they provide. Some investments provide g...
by Grt2bOutdoors
Tue Jan 08, 2019 8:50 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35667

Re: I don't understand the case for EE bonds

james22 wrote:
Tue Jan 08, 2019 2:22 am
letsgobobby wrote:
Tue Apr 25, 2017 6:22 pm
I wish I could buy more EE bonds but we are limited in our annual purchases.
And I wish I could borrow from you at EE bond terms.
You are - how do you think the government finances itself? The people are the government.
by Grt2bOutdoors
Tue Jan 08, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: Mystery supplements received from 301 W. Platt Street?
Replies: 10
Views: 1410

Re: Mystery supplements received from 301 W. Platt Street?

Throw it out! Remember what your mother told you as a child "never take candy from a stranger". There is a real and practical reason for that sage advice. It doesn't matter if the package came from the headquarters of Kelloggs - anyone can slap someone else's address on a package - throw it in the g...
by Grt2bOutdoors
Mon Jan 07, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 714
Views: 92100

Re: How much money do you want to retire?

Soundwall wrote:
Fri Jan 04, 2019 9:15 pm
I just want us to be healthy at retirement. The x amount means nothing if you can't enjoy it or be with your significant other
+1.
by Grt2bOutdoors
Mon Jan 07, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35667

Re: I don't understand the case for EE bonds

@Hockey99 - I view it as you do, if held to exactly 20 years the EE will provide you with a guaranteed before tax current yield of 3.53%, its the only nominal free lunch you can get for US Treasury securities with a 20 year maturity. How do I know that? Compare the EE with the daily average treasur...
by Grt2bOutdoors
Mon Jan 07, 2019 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: High income earner with high debt.
Replies: 20
Views: 1969

Re: High income earner with high debt.

Thanks for all the replies. I guess I should focus more on investments - the debt will come down in a few years. I'll probably also switch to a target retirement fund - no need to make it complicated with such a small portfolio. The car was a bad investment, sure, but I don't regret it. There's not...
by Grt2bOutdoors
Mon Jan 07, 2019 7:11 am
Forum: Personal Consumer Issues
Topic: Recommend men's undershirts
Replies: 49
Views: 3503

Re: Recommend men's undershirts

I'm trying to think what the OP is doing to their T-shirts to make them fail. Is it the way they are washed? Are they being used to play games with the dogs? To wash the car? Have they been the wrong size from the outset? How long does the OP expect them to last? More than 20 years? I have Hanes an...
by Grt2bOutdoors
Sun Jan 06, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8237

Re: What Do You Spend The Most On Annually?

Hands down, taxes. Income tax (federal and state/local), FICA, Medicare, property tax.
Runner-up: health, life/disability, auto, home insurance.
by Grt2bOutdoors
Sun Jan 06, 2019 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice (New Member)
Replies: 13
Views: 777

Re: Portfolio Advice (New Member)

OP - you hold bonds as a means of lowering volatility in your portfolio and to rebalance your account periodically when there is a "sale" in equities, like now for instance. Few people have a tolerance to hold a 100% equity only portfolio.
by Grt2bOutdoors
Sun Jan 06, 2019 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is my 529 glide path too aggressive?
Replies: 5
Views: 416

Re: Is my 529 glide path too aggressive?

I wouldn't, the moderate glide path is well within the range for the age group. If you look at the glide path, it automatically becomes more conservative as the child gets closer to college. It's difficult to evaluate what the actual future performance will be over the next 10-13 years. Why do I say...
by Grt2bOutdoors
Sun Jan 06, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

What ever state you move to, it's best to understand their state legislature and what the current/future laws on the books might look like. Things like open carry, open spanking of children in schools as means of discipline (it's either Alabama or Georgia that permits it), etc. Been to Arizona, nice...
by Grt2bOutdoors
Sun Jan 06, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 234
Views: 28989

Re: Social Security for Millennials

In light of the trajectory of government finances, we are planning to leave our daughter (a millennial) a pretty decent inheritance to compensate for whatever may happen. I don't want her to be burdened by the financial decisions of earlier generations. She does save and invest, but I fear it will ...
by Grt2bOutdoors
Sun Jan 06, 2019 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Meijer Retirement 401K plan
Replies: 22
Views: 1082

Re: Meijer Retirement 401K plan

See if you can find out the name of the Lifestyle fund and/or ticker symbol. Going by that picture you show does not provide enough information.
by Grt2bOutdoors
Sun Jan 06, 2019 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Pension Handcuffs?
Replies: 51
Views: 4342

Re: Pension Handcuffs?

Good pension and good healthcare are really hard to come by these days..... Very few megacorps offer them and even government is altering the formulas making it more costly for new employees starting out. Forget about healthcare, most companies have completely done away with them or have made them ...
by Grt2bOutdoors
Sun Jan 06, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35667

Re: I don't understand the case for EE bonds

@Hockey99 - I view it as you do, if held to exactly 20 years the EE will provide you with a guaranteed before tax current yield of 3.53%, its the only nominal free lunch you can get for US Treasury securities with a 20 year maturity. How do I know that? Compare the EE with the daily average treasury...
by Grt2bOutdoors
Sun Jan 06, 2019 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Pension Handcuffs?
Replies: 51
Views: 4342

Re: Pension Handcuffs?

You should only consider leaving if the company were to freeze the pension plan, meaning no further benefits would accrue to you.
Other than that, unless work conditions are intolerable and detrimental to your health, you should stay.
by Grt2bOutdoors
Sat Jan 05, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20234

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Call up the credit card companies and see if you can get a reduction on the interest rates charged and/or a credit card consolidation at a lower rate. This is not a cure for the debt outstanding but it might give you a bit of breathing room with less of your money going to interest. You might be a c...
by Grt2bOutdoors
Sat Jan 05, 2019 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: 7% guaranteed return fund in 403b
Replies: 23
Views: 2933

Re: 7% guaranteed return fund in 403b

tibbitts wrote:
Sat Jan 05, 2019 3:06 pm
Agree, I would put as much as possible into this fund.
The participants are, that is why the state of NY has been paying them over $1 billion in interest over the past few years.