Search found 17681 matches

by Grt2bOutdoors
Sat Apr 21, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Car for 23 year old
Replies: 27
Views: 1426

Re: Car for 23 year old

Used Lexus ES. Find the nicest one owner with low miles in your price range. I recently bought an 05 ES 330, 75k miles. $7k Beautiful car. Toyota reliable. Till the repair bills come Is it correct, then, that a very similar Lexus to a Toyota will have higher repair bills? Why? Parts are more expens...
by Grt2bOutdoors
Fri Apr 20, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 167
Views: 14765

Re: 30 yr tips auction 2/15: 1.0% yield?

What impresses me is the "we rely on equities because we have to" sentiment that is so prevalent here and in virtually every discussion on the more enlightened financial sites like BH. Truly, it is pervasive. I'd just like to point out that the US is the only advanced western country where ordinary...
by Grt2bOutdoors
Fri Apr 20, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 95
Views: 29653

Re: Is the first 100k really the hardest?

bigtex wrote:
Fri Apr 20, 2018 3:09 pm
Is this thread referring to the first $100k of net worth, first $100k of cash savings, or first $100k of investment holdings?
First 100k of net worth.
by Grt2bOutdoors
Fri Apr 20, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 90
Views: 6050

Re: NYT article: Everyone should hire a financial planner

Well now, I'd like to know what makes the New York Times "the" expert on determining whether a financial planner is actually needed. If you have goals and a plan to get there, can do basic math and can make decisions based upon fact and not emotion you are 99% of the way there. So, for the NYT to pr...
by Grt2bOutdoors
Fri Apr 20, 2018 2:33 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 90
Views: 6050

Re: NYT article: Everyone should hire a financial planner

I also have questions about the extensive individual muni bonds in my mother's portfolio which I now manage for her. Whether I should maintain or grow the muni bond ladder, let it slowly mature, or sell everything and move to a fund - I understand some of the basic pros and cons, but I am no bond e...
by Grt2bOutdoors
Fri Apr 20, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 167
Views: 14765

Re: 30 yr tips auction 2/15: 1.0% yield?

What impresses me is the "we rely on equities because we have to" sentiment that is so prevalent here and in virtually every discussion on the more enlightened financial sites like BH. Truly, it is pervasive. I'd just like to point out that the US is the only advanced western country where ordinary...
by Grt2bOutdoors
Fri Apr 20, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Can I take state tax deduction for UTMA 529 plan?
Replies: 4
Views: 209

Re: Can I take state tax deduction for UTMA 529 plan?

ParlayBogle wrote:
Fri Apr 20, 2018 11:44 am
Well I couldn't use *their* money in any way that violates the rules of being a custodian for their money. These rules seem fairly easy to break.
They can be but you may want to read this http://fairmark.com/kids-college/utma/u ... 9-account/
by Grt2bOutdoors
Fri Apr 20, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Can I take state tax deduction for UTMA 529 plan?
Replies: 4
Views: 209

Re: Can I take state tax deduction for UTMA 529 plan?

I realize this is a very specific question, but perhaps someone knows or can point me in the right direction. I am in the state of Georgia, which allows a $4,000 annual state income tax deduction for 529 contributions per beneficiary. We have been using this for several years. This year, my two son...
by Grt2bOutdoors
Thu Apr 19, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback needed on my portfolio
Replies: 10
Views: 632

Re: Feedback needed on my portfolio

You will make the most money holding 100% equity. Those who can hold 100% equity are a very small percentage of folks. You may want to follow Warren Buffets suggested portfolio for his wife: 90% equity, 10% bonds. As for international; 70/30 is a good middle ground for the undecided, with the emphas...
by Grt2bOutdoors
Thu Apr 19, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Approximating VTSAX with limited 401k options
Replies: 4
Views: 397

Re: Approximating VTSAX with limited 401k options

Your wife has all components to approximate total stock market index - 70% s and p 500, 20% midcap, 10% small cap. The Wellington fund is 65% large value, 35% Intermediate corporate bonds. How old are you? Are there any other funds available in your 401k plan - besides the two you listed?
by Grt2bOutdoors
Thu Apr 19, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 40
Views: 4746

Re: Anyone invest in I Bonds and why?

jeffreyalan wrote:
Thu Apr 19, 2018 2:38 pm
I wish!!

Let's say I buy the limit on IBonds for 5 or 10 years..so $50k to $100k.
Rest easy, TD Direct is fine to use for an account that size.
by Grt2bOutdoors
Thu Apr 19, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 40
Views: 4746

Re: Anyone invest in I Bonds and why?

jeffreyalan wrote:
Thu Apr 19, 2018 2:34 pm
Does everyone here feel comfortably placing large sums of money in Treasury Direct?
What is a large sum? - $1 million, $5 million?
by Grt2bOutdoors
Thu Apr 19, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 211
Views: 22264

Re: How old are you and how much do you save for retirement a year

I've maxed out 401k since my first job after law school at 25, and had some match along the way. I have other investments outside of my 401k, and my spouse has nicely funded retirement accounts as well. Has anyone who started saving a lot when they were young cut back on 401k contributions (never b...
by Grt2bOutdoors
Thu Apr 19, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7873

Re: “The Smell of Retiree Mon$y...”

As with windfall advice, this adage holds true - "keep your mouth shut". Nothing attracts the flies faster than the thought of free honey, nothing attract the gold diggers faster than the thought of free money. In the past, we've been generous with our local food bank, perhaps a bit too generous as ...
by Grt2bOutdoors
Thu Apr 19, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 9229

Re: Got hit with a $2800 Medical bill. Can I negotiate?

With a $7.5k deductible, i hope the premiums are next to nothing because the plan is useless something really really bad happens. The premiums will not be next to nothing. The reality is that it is not uncommon for a plan to have an individual deductible of $7000+ and premiums of $15,000+/year. Thi...
by Grt2bOutdoors
Thu Apr 19, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Should I be investing in PRIMECAP Odyssey Aggressive Growth Fund?
Replies: 31
Views: 2081

Re: Should I be investing in PRIMECAP Odyssey Aggressive Growth Fund?

I think that concentration is largely because of how much NKTR has gone up recently. The holding was closer to 4% before (if I’m remembering right), and the managers have recently sold part of the NKTR position (rebalancing!). That's what I suspected. Do you have a link by any chance stating their ...
by Grt2bOutdoors
Thu Apr 19, 2018 6:17 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 34
Views: 2751

Re: Bill Bonner: what's your take?

The market is basically flat this year. Stop looking at past performance because the market has been in a rising trend since 1931. During that time, there has been a World War, numerous recessions, Korean War, Vietnam War, two oil embargoes, Iran Embassy crisis, the collapse of internet stocks, Sept...
by Grt2bOutdoors
Wed Apr 18, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: 1 Year a Boglehead - Check-In/Up
Replies: 13
Views: 1083

Re: 1 Year a Boglehead - Check-In/Up

You may want to run the numbers on SS. "SS His - I'll project $3,000/mo at 67 (wait until 70 @ $3500)* SS Hers - $ 1500 spousal benefit of his. (did not work enough to beat $1500/mo ) " I think that you can file and suspend (until 70) at your FRA (67) while allowing you wife to file for hers (and s...
by Grt2bOutdoors
Wed Apr 18, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: 1 Year a Boglehead - Check-In/Up
Replies: 13
Views: 1083

Re: 1 Year a Boglehead - Check-In/Up

2) Thought of rolling IRA's into 401k/403B = my question is with 7-8 years left -- if it really worth it ? With the conversions after 60/61 with no income-- I assume the benefit is converting tIRA to rIRA in the lowest tax bracket. But I would need other funds to live off of and leave rIRA to grow,...
by Grt2bOutdoors
Wed Apr 18, 2018 6:18 am
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 167
Views: 14765

Re: 30 yr tips auction 2/15: 1.0% yield?

grok87 wrote:
Tue Apr 17, 2018 12:14 pm
Now at 0.85%
It’s converging on the 5 year Tips, last seen at 0.61%
by Grt2bOutdoors
Tue Apr 17, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2369

Re: Corporate Leveling

Stipe wrote:
Tue Apr 17, 2018 7:46 pm
Anyone know about this? Or have experience?
Apparently it’s pretty common with public mega corps.
How do you handle getting a pay cut due to possible new job titles....
Source that it's "pretty common with public mega corps"?
by Grt2bOutdoors
Tue Apr 17, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: [How should I pay off my mortgage?]
Replies: 11
Views: 1165

Re: [How should I pay off my mortgage?]

If you think you could get laid off, then that is a clear sign to me that you shouldn't race to pay it off . If you needed to tap some money in an emergency (beyond your savings), you can't unpay the mortgage (and trying to use HELOC or get a loan may be ill advised), but you can liquidate investme...
by Grt2bOutdoors
Tue Apr 17, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Too much rent?
Replies: 21
Views: 1798

Re: Too much rent?

I travel a lot for work, so a fenced yard would definitely help with the added burden on my wife. Plus, in the area we are looking, we’d only be 5 miles from each of our jobs. It sounds like we really need to analyze whether that $500+ a month premium is really worth it. I appreciate all the advice...
by Grt2bOutdoors
Tue Apr 17, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: I want to pay off my mortgage. Am I crazy?
Replies: 54
Views: 5124

Re: I want to pay off my mortgage. Am I crazy?

You have 5 years left on the note, that means most of the payments are principal and less of interest.
Your call, but I'd pay it off and if you so then choose, take those mortgage payments and invest according to your asset allocation.
by Grt2bOutdoors
Tue Apr 17, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10230

Re: Is Los Angeles a good place long term to live financially?

I’m thinking of moving to LA and spending the rest of my life there, but I’m concerned about the cost. NYC maybe a slightly more expensive city, but you'll spend way less time commuting, you can walk to meet up with people, and if you want to buy a nice house eventually there's actually public tran...
by Grt2bOutdoors
Tue Apr 17, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10230

Re: Is Los Angeles a good place long term to live financially?

Craigslist personal ads have been removed from the board, but OP can write an ad and see what sticks.
by Grt2bOutdoors
Tue Apr 17, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Overall Help w/ Budget
Replies: 15
Views: 1342

Re: Overall Help w/ Budget

Dave recommends 3-6 months worth of expenses saved before investing. A $1K emergency fund needs to be beefed up before you start to invest.
by Grt2bOutdoors
Tue Apr 17, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Help with my mom's investments, please.
Replies: 27
Views: 1948

Re: Help with my mom's investments, please.

If your mother thinks $1,500 is a lot, wait until she gets the tax bill for cashing out the Vanguard account- send the tax bill to this unscrupulous adviser and dump him.
by Grt2bOutdoors
Mon Apr 16, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
Replies: 55
Views: 5608

Re: Allegiant Airlines...Anyone watch CBS 60 Minutes?

LarryAllen wrote:
Mon Apr 16, 2018 8:15 am
If the pilot is willing to fly on the plane so am I.
Even if it's GermanWings Flight 9525? That's the co-pilot who deliberately flew the A-320 into the French Alps while the chief pilot was using the bathroom.
by Grt2bOutdoors
Mon Apr 16, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: $4,400 in AMT? sanity check, please?
Replies: 11
Views: 1469

Re: $4,400 in AMT? sanity check, please?

ok. but what makes me question this is that my $11k in property tax does absolutely nothing for me. if I take it out my tax bill is exactly the same?? does the AMT calculation essentially negate any deduction for real estate taxes?? I don't recall that being the case in previous years. Also, not th...
by Grt2bOutdoors
Mon Apr 16, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 130
Views: 11422

Re: Can I retire at age 40?

No, keep working. I think you might be having a mid-life crisis. A 6% withdrawal rate at such an early retirement age is not sustainable. At that age, you should be thinking about a 3% withdrawal rate or roughly $60K per year. You need to remain employed and revisit this question in 10 years OR need...
by Grt2bOutdoors
Sun Apr 15, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do about withdrawal this year if market doesn't go up?
Replies: 32
Views: 2843

Re: What to do about withdrawal this year if market doesn't go up?

The 401k is all principal, as in all withdrawals are fully taxable upon withdrawal unless we are talking about a Roth 401k. My sense is you are nervous about the market being down to flat this year, if so, your asset allocation may be too aggressive. Relying on market appreciation to carry the burde...
by Grt2bOutdoors
Sun Apr 15, 2018 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put extra money in 529 or brokerage account?
Replies: 1
Views: 349

Re: Should I put extra money in 529 or brokerage account?

Gains are taxed at 15% in a regular account, gains in 529 plan are taxed at 0%. Known expenses are sum of 529 plan + some unknown amount. Markets can go up, they can also fall. You can always change the track of the 529 plan if you wish, you are allowed two changes per year (not recommending it). I'...
by Grt2bOutdoors
Sun Apr 15, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning - Are we on the right path?
Replies: 10
Views: 1492

Re: Retirement Planning - Are we on the right path?

Take the loss - dump the individual stocks. You don't know anymore about it than the market. Loss aversion is clouding your thinking, you are waiting to break even before liquidating, in the mean time you could be waiting an awful long time missing out on the potential opportunity for more gains in ...
by Grt2bOutdoors
Sun Apr 15, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with windfall
Replies: 11
Views: 960

Re: What to do with windfall

black_knight_32 wrote:
Sun Apr 15, 2018 6:17 pm
I know it’s been asked before but do I put all available funds in at the same time?
Do what makes you feel comfortable and let’s you sleep at night.
by Grt2bOutdoors
Sun Apr 15, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: How much is too much in a Fidelity or VG account?
Replies: 22
Views: 3847

Re: How much is too much in a Fidelity or VG account?

Hi esteemed bogleheads - After saving one paycheck at a time for a long time, I have a nice windfall coming my way and expect it will push my Fidelity balance to approximately $4.5-$6m now (and hopefully more with growth!). Is this too much to leave in a Fidelity account? What is their average acco...
by Grt2bOutdoors
Sun Apr 15, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with windfall
Replies: 11
Views: 960

Re: What to do with windfall

Pay off the mortgage. Then consider funding your Roth IRA for 2018 now, anything else invest in your taxable account according to your asset allocation. Thank you for your input. I’m really leaning towards paying off the mortgage. We fully funded our Roth in January or else we’d definitely do that!...
by Grt2bOutdoors
Sun Apr 15, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Investing for a 1 year old
Replies: 9
Views: 1075

Re: Investing for a 1 year old

Gemini wrote:
Sun Apr 15, 2018 2:52 pm
Title says it all...any unique ideas? I was considering a small amount in SCV in a trust that he cannot touch until 65 and letting it ride :D

We already have a 529.
50% VTI
50% VIOV
Let it ride.
by Grt2bOutdoors
Sun Apr 15, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with windfall
Replies: 11
Views: 960

Re: What to do with windfall

Pay off the mortgage.

Then consider funding your Roth IRA for 2018 now, anything else invest in your taxable account according to your asset allocation.
by Grt2bOutdoors
Sun Apr 15, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2773

Re: "guaranteed" 6% return vs index fund investing

Sorry all, I have tried to reply twice but my posting didn't appear. Thanks for the feedback thus far. To try to answer questions: 1. The family business is a farm and my wife is a partner 2. The debt was from purchase of adjacent property to expand the farm--the business was nearly debt free previ...
by Grt2bOutdoors
Sun Apr 15, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2773

Re: "guaranteed" 6% return vs index fund investing

Equity is 90% at optimistic valuation. Debt is currently 10%. With the additional lending, does the 10% remain the same or is this additional debt the business is taking on? Problem here is two fold; when business sours, the equity valuation usually sours right along with it, a 10% D/E calculation m...
by Grt2bOutdoors
Sun Apr 15, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8037

Re: Should we save for our son's college?

Broader question is should you save? Answer is definitely a resounding "Yes." What you do with the savings is your choice, however. If you save an amount that you believe will go to pay for college or graduate school expenses and do not use it for that purpose, you have still made a wise decision. ...
by Grt2bOutdoors
Sun Apr 15, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help for small estate w/ debts: Gifting next of kin
Replies: 9
Views: 489

Re: Help for small estate w/ debts: Gifting next of kin

Fraudulent transfer of assets to avoid rightfully paying one's debt? That's not a gift.
by Grt2bOutdoors
Sat Apr 14, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8037

Re: Should we save for our son's college?

OP - financial aid = loans. Merit aid = free. Grants = free.
by Grt2bOutdoors
Sat Apr 14, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8037

Re: Should we save for our son's college?

Thanks everyone! I'll take your advise on this and open a 529. I'm still deliberating how to balance between 529 and taxable accounts (we're already maximizing our 401k & IRA contributions), but I could decide on that further along the road. Thank you all for your replies! The biggest benefit of co...
by Grt2bOutdoors
Sat Apr 14, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Crazy to start 529 without kids??
Replies: 49
Views: 3479

Re: Crazy to start 529 without kids??

My advice, from someone who received a windfall. Put the money in the bank (or separate banks for FDIC protection) and let it sit for a year. DO NOT DO ANYTHING FOR AT LEAST A YEAR!!!!! TRUST ME!!! I agree with that. Go slow. Do get an up to date Will in place immediately. That's important given th...
by Grt2bOutdoors
Sat Apr 14, 2018 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 401K
Replies: 11
Views: 1354

Re: Trying to understand my 401K

The match is above average, probably between 4-5 percent. The profit sharing amount you show is significant, especially if it meets or exceeds the amount of initial match. It’s important to note that your total contribution to either Traditional 401k or Roth 401k can not exceed $18,500 or $18,500 + ...
by Grt2bOutdoors
Fri Apr 13, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate to ask co-worker when retiring?
Replies: 35
Views: 2250

Re: Appropriate to ask co-worker when retiring?

jehovasfitness wrote:
Fri Apr 13, 2018 5:02 pm
It allows us to plan
Man makes plans, God laughs.
What is your contingency plan if this job falls through?
by Grt2bOutdoors
Fri Apr 13, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 106
Views: 12199

Re: Is it still worth buying a house in a state with insane property taxes

The title kind of says it all. I currently rent from family in Illinois who I help take care of. The taxes here seem so out of control and insane that it seems to me as not to be worth it to purchase a home here. Taxes on even a modest home can be $10k per year in addition to mortgage interest, mai...
by Grt2bOutdoors
Fri Apr 13, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Job change - how to approach
Replies: 4
Views: 293

Re: Job change - how to approach

Network within targeted field?
Linked In?
Search career section of targeted companies and apply?

I guess it all depends on what function level you are targeting.