Search found 17451 matches

by Grt2bOutdoors
Sun Feb 25, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 40
Views: 2227

Re: Blasphemy... DO PEEK!

I look, the key though is not to tinker. Look, don't touch often, all is well.
by Grt2bOutdoors
Sun Feb 25, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 33
Views: 2869

Re: Warren Buffett Dislikes Bonds

Doesn't Buffet own a lot of treasuries, though? Iirc, he did say his ideal allocation was 90% SP500 and 10% Treasuries. I suppose it's doable if one has enough cash socked away in a MM. The problem here is most people associate the underlying insurance companies as “Warren Buffet”, they are not as ...
by Grt2bOutdoors
Sun Feb 25, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 33
Views: 2869

Re: Warren Buffett Dislikes Bonds

jehovasfitness wrote:
Sun Feb 25, 2018 6:44 pm
I know most here dismiss Dave ramsey when it comes to investing but he appears to not like bonds either
Dave has most of his money tied up in his media empire and then real estate, has the lowest allocation in equities.
by Grt2bOutdoors
Sun Feb 25, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 33
Views: 2869

Re: Warren Buffet Dislikes Bonds

I want to point out that the insurance subsidiaries of Berkshire-Hathaway own billions of dollars worth of bonds. Not too much of an exaggeration to say that insurance companies are very large bond portfolios. Insurance companies are regulated, requiring them to keep statutory reserves in the form ...
by Grt2bOutdoors
Sat Feb 24, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: Playa del Carmen Vacation -- Excursion and Restaurant tips
Replies: 11
Views: 687

Re: Playa del Carmen Vacation -- Excursion and Restaurant tips

In depth investigation on these all inclusive spots - best read this so you go in with your eyes wide open:
https://www.jsonline.com/story/news/201 ... 490429001/

You may not want to drink anything after reading up on this.
by Grt2bOutdoors
Sat Feb 24, 2018 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: new to it: moving out of costly fund, windfall, planning with illness
Replies: 6
Views: 690

Re: new to it: moving out of costly fund, windfall, planning with illness

State of NY UTMA transfer to minor from custodian is at age 21, not age 18.
by Grt2bOutdoors
Sat Feb 24, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited stocks, what would you do?
Replies: 20
Views: 1548

Re: Inherited stocks, what would you do?

Computer share is not a brokerage, just a custodian. I’d get the paperwork from vanguard to deposit these shares in your account, then sell. You’d want to record the loss with your tax paperwork so it doesn’t get forgotten. [edit I’ve never paid fees for transferring from computershare and their we...
by Grt2bOutdoors
Sat Feb 24, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to invest annual bonus?
Replies: 4
Views: 379

Re: How to invest annual bonus?

When you get an annual bonus do you DCA, invest the day you get it or try and time a dip? Leaning towards DCA over a period of a month or so. I have read the articles that say DCA does not end up ahead of investing all at once on day one. But with the recent market volatility maybe it is best to sp...
by Grt2bOutdoors
Sat Feb 24, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Inherited stocks, what would you do?
Replies: 20
Views: 1548

Re: Inherited stocks, what would you do?

    Sell all of the individual stocks.Transfer in kind to low cost brokerage house, no reason to pay those extortion type fees.
    by Grt2bOutdoors
    Fri Feb 23, 2018 8:47 pm
    Forum: Investing - Theory, News & General
    Topic: What books changed your outlook on how you should invest?
    Replies: 38
    Views: 2342

    Re: What books changed your outlook on how you should invest?

    The Little Book of Common Sense Investing. Fees matter.
    by Grt2bOutdoors
    Fri Feb 23, 2018 3:54 pm
    Forum: Investing - Theory, News & General
    Topic: Larry Swedroe: What Investors Should Worry About
    Replies: 101
    Views: 6990

    Re: Larry Swedroe: What Investors Should Worry About

    Given the minimums required to invest in these funds, suffice to say I won't be joining in the rush to buy anytime soon.
    by Grt2bOutdoors
    Fri Feb 23, 2018 12:05 pm
    Forum: Investing - Help with Personal Investments
    Topic: Financial proposal from Adviser
    Replies: 37
    Views: 3260

    Re: Financial proposal from Adviser

    I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) an...
    by Grt2bOutdoors
    Fri Feb 23, 2018 12:02 pm
    Forum: Investing - Help with Personal Investments
    Topic: Young Investor: Investing In A Bear Market
    Replies: 29
    Views: 2285

    Re: Young Investor: Investing In A Bear Market

    Thanks for all the input. I wanted to clarify that I’m not concerned about investing in the market once the bear has begun and you can find assets on the cheap. Moreover my concern is that we just had a heck of a few good years and that if I remain invested for now, I don’t want to take the initial...
    by Grt2bOutdoors
    Fri Feb 23, 2018 11:55 am
    Forum: Personal Finance (Not Investing)
    Topic: How am I really doing for retirement savings?
    Replies: 45
    Views: 4106

    Re: How am I really doing for retirement savings?

    BOAT - Bust Out Another Thousand. BOAT! :oops:
    Rule #1: If it requires to be fed or non-deductible debt - run the other way. Rent, don't buy.
    Rule #2: See Rule #1.
    by Grt2bOutdoors
    Fri Feb 23, 2018 11:48 am
    Forum: Investing - Help with Personal Investments
    Topic: Guaranteed 2% return?
    Replies: 34
    Views: 2624

    Re: Guaranteed 2% return?

    Pay it - NOW!! You can't get a guaranteed real rate of return after taxes in a 30 year TIP or a 30 Year US Treasury - what does that tell you when the risk free rate is below the threshold you require?
    by Grt2bOutdoors
    Fri Feb 23, 2018 10:01 am
    Forum: Personal Finance (Not Investing)
    Topic: How am I really doing for retirement savings?
    Replies: 45
    Views: 4106

    Re: How am I really doing for retirement savings?

    I'm sure this will get deleted, but I've noticed a trend with all of your threads: you are constantly seeking validation from others (or constantly making humblebrags). You are doing fantastic, no need to keep asking. A huge number of "how am I doing" threads are like this. This board can be pretty...
    by Grt2bOutdoors
    Fri Feb 23, 2018 9:37 am
    Forum: Investing - Theory, News & General
    Topic: "Bogleheads.org" by Kristine Hayes"
    Replies: 44
    Views: 5172

    Re: "Bogleheads.org" by Kristine Hayes"

    Thanks for posting, Taylor. Found it interesting that Dave Ramsey was the gateway for Kristine's entry into financial literature. I like Dave Ramsey's Debt Free Scream episodes. If you want blunt advice using common sense, Dave is your man. Just don't follow his investment advice - four good mutual...
    by Grt2bOutdoors
    Fri Feb 23, 2018 9:27 am
    Forum: Investing - Theory, News & General
    Topic: "Bogleheads.org" by Kristine Hayes"
    Replies: 44
    Views: 5172

    Re: "Bogleheads.org" by Kristine Hayes"

    What does IIRC mean? Since we are on topic of acronyms? No investment I know of uses IIRC.
    by Grt2bOutdoors
    Thu Feb 22, 2018 6:11 pm
    Forum: Personal Finance (Not Investing)
    Topic: Time for twins to go to daycare
    Replies: 38
    Views: 2599

    Re: Time for twins to go to daycare

    Consider this: joint account- all money goes in, from that you each get X dollars to spend AFTER mortgage, home insurance, health care, food, clothes (necessities), daycare, baby needs, savings. You need to put priorities in order (not saying you are not), very difficult to keep track who is paying ...
    by Grt2bOutdoors
    Thu Feb 22, 2018 5:47 pm
    Forum: Investing - Help with Personal Investments
    Topic: Young Investor: Investing In A Bear Market
    Replies: 29
    Views: 2285

    Re: Young Investor: Investing In A Bear Market

    The market looks worrisome? Jump up, clap, hoot, holler, celebrate - stocks are going on sale! Who doesn’t like buying things for cheap when they have a long time horizon? Never met a person who wanted to pay full price. Why should you be any different? And even if prices remain the same for ten ye...
    by Grt2bOutdoors
    Thu Feb 22, 2018 8:50 am
    Forum: Investing - Help with Personal Investments
    Topic: Need to liquidate my PBA Brokerage Account
    Replies: 4
    Views: 245

    Re: Need to liquidate my PBA Brokerage Account

    Move it - sure there is a risk you may miss out on a 10% move upwards, but over the next 30 years, it's highly unlikely that it will be a significant factor in preventing you from being able to retire. It's a blip that will be erased by subsequent increases in the market and continual contributions....
    by Grt2bOutdoors
    Thu Feb 22, 2018 7:15 am
    Forum: Investing - Help with Personal Investments
    Topic: Young Investor: Investing In A Bear Market
    Replies: 29
    Views: 2285

    Re: Young Investor: Investing In A Bear Market

    Your investment horizon is not 25 or 30 years, it’s 55-60 years! Why? Because you are not going to withdraw all of your assets on Day 1 of retirement to plunk it into inflation ravaged cash. Some portion of your assets need to be continually invested to stay ahead of inflation - equities are your be...
    by Grt2bOutdoors
    Wed Feb 21, 2018 5:45 pm
    Forum: Investing - Help with Personal Investments
    Topic: 401k Advice
    Replies: 6
    Views: 250

    Re: 401k Advice

    I would take 5% of your S&P 500 allocation and put it in the Principal S&P 600 index fund. At .17 bps the incremental cost is less than .0001. Small caps can be more volatile but may have higher rates of growth. Since you don’t have a total market fund available, you can create it holding a mix of l...
    by Grt2bOutdoors
    Wed Feb 21, 2018 1:20 pm
    Forum: Personal Finance (Not Investing)
    Topic: How am I really doing for retirement savings?
    Replies: 45
    Views: 4106

    Re: How am I really doing for retirement savings?

    Save a minimum of 15% of your gross salary (not including your employers match, if any). You and spouse need to decide needs vs. wants. Each is different for people, that's why its called personal finance. When your income increases/expenses decrease, ramp up the savings. Everything in moderation. M...
    by Grt2bOutdoors
    Tue Feb 20, 2018 7:19 pm
    Forum: Personal Finance (Not Investing)
    Topic: House rewiring - cost of copper
    Replies: 29
    Views: 1918

    Re: House rewiring - cost of copper

    It’s BS! The sales guy is trying to drum up business now. If you want to know the price - ask the rep what kind of wiring they will use. Chances are they are using Romex or armor cabling. Head over to Home Depot, look at the rolls of wiring - one is white, second is yellow, heavy duty wiring used fo...
    by Grt2bOutdoors
    Tue Feb 20, 2018 12:38 pm
    Forum: Investing - Theory, News & General
    Topic: Retirees: The common sense withdrawal method
    Replies: 159
    Views: 13924

    Re: Retirees: The common sense withdrawal method

    YMMV. YvehiclesMV. We use a FundingRatio (FR). Expenses = Income. Our Income is determined what the vehicle provides: Recurring: SS pays something. Pension pays something. None asset based. Mostly Recurring, Discounted: Rental Income. About 3-6% ROI depending on vacancies. To Be Recurring and Mostl...
    by Grt2bOutdoors
    Mon Feb 19, 2018 7:42 pm
    Forum: Investing - Help with Personal Investments
    Topic: Sell me on the benefits of an emergency fund
    Replies: 119
    Views: 6774

    Re: Sell me on the benefits of an emergency fund

    The market closes for 6 months. No sales, no purchases. :twisted: You lose your job, no severance given. :twisted: Unemployment insurance pays 25% of your monthly expenses. :( How do you get cash? if the market ever closed for that long it would be the collapse of the financial system as we know it...
    by Grt2bOutdoors
    Mon Feb 19, 2018 5:35 pm
    Forum: Investing - Help with Personal Investments
    Topic: Sell me on the benefits of an emergency fund
    Replies: 119
    Views: 6774

    Re: Sell me on the benefits of an emergency fund

    The market closes for 6 months. No sales, no purchases. :twisted:
    You lose your job, no severance given. :twisted:
    Unemployment insurance pays 25% of your monthly expenses. :(

    How do you get cash?
    by Grt2bOutdoors
    Mon Feb 19, 2018 5:18 pm
    Forum: Investing - Theory, News & General
    Topic: Sequence of returns risk while accumulating
    Replies: 65
    Views: 3882

    Re: Sequence of returns risk while accumulating

    +1 Great write-up.

    Cliff Notes Version:

    1) Save more.
    2) Expect less.
    3) There is no free lunch.
    4) Keep working.
    by Grt2bOutdoors
    Sun Feb 18, 2018 11:19 pm
    Forum: Personal Consumer Issues
    Topic: Do you wear a wedding band? [at a job interview]
    Replies: 157
    Views: 9149

    Re: Do you wear a wedding band? [at a job interview]

    After receiving a PM from the OP, I retitled the thread to clarify the intent. "Do you wear a wedding band during a job interview?" This thread is now unlocked to continue the discussion. Please stay focused on the work environment. Thanks. I edited the OP. The primary reason I asked was job interv...
    by Grt2bOutdoors
    Sun Feb 18, 2018 6:31 pm
    Forum: Personal Consumer Issues
    Topic: Do you wear a wedding band? [at a job interview]
    Replies: 157
    Views: 9149

    Re: Do you wear a wedding band?

    In my experience married men who don't wear wedding rings don't want women to know they're married. Sometimes women are more interested in men with wedding rings. :twisted: I have experienced that. Yes, I do wear mine except when I am working with tools or in the garden where scratching and gouging...
    by Grt2bOutdoors
    Sun Feb 18, 2018 10:34 am
    Forum: Investing - Theory, News & General
    Topic: Which book for an 18 year old who is asking about investing?
    Replies: 45
    Views: 2864

    Re: Which book for an 18 year old who is asking about investing?

    Another vote for The Little Book of Common Sense Investing- John Bogle. And The Millionaire Next Door. +1. I haven't read either, but I can assure you, both are gems. I have, the first will show you the how and why of low cost sensible investing, the second will tell you which behaviors to emulate ...
    by Grt2bOutdoors
    Sun Feb 18, 2018 7:40 am
    Forum: Investing - Theory, News & General
    Topic: Which book for an 18 year old who is asking about investing?
    Replies: 45
    Views: 2864

    Re: Which book for an 18 year old who is asking about investing?

    Another vote for The Little Book of Common Sense Investing- John Bogle. And The Millionaire Next Door.
    by Grt2bOutdoors
    Sat Feb 17, 2018 10:09 pm
    Forum: Personal Consumer Issues
    Topic: Best plants to grow to save money for food costs
    Replies: 93
    Views: 4903

    Re: Best plants to grow to save money for food costs

    Grow your own oregano, let them bloom, then before fall, cut them to hang and dry before rubbing the dry flakes onto a clean cloth and into your container. Following year, the plant will regrow again without need to plant. If you live in a warm to hot climate, plant a fig tree. Can’t stand idea of p...
    by Grt2bOutdoors
    Sat Feb 17, 2018 10:04 pm
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    Around 20 years ago, my parents told me that they'd give me $8000/year for four years of college. The rest was up to me. I'll probably do something similar for my kids. Adjusted for inflation, no? Otherwise $32k might buy them 1/2 a semesters payment if your lucky. $32k would pay for a full semeste...
    by Grt2bOutdoors
    Sat Feb 17, 2018 9:59 pm
    Forum: Investing - Help with Personal Investments
    Topic: Fidelity Company Growth K vs Vanguard Primecap Admiral...or other?
    Replies: 1
    Views: 327

    Re: Fidelity Company Growth K vs Vanguard Primecap Admiral...or other?

    Use the www.portfoliovisualizer.com tool, while past performance is no guarantee of future performance, manager of Fidelity Growth Company has a steady hand since taking over fund in 1990. I would hold it, even with the implied volatility. Use the tool, even after higher expenses you’ll see few if a...
    by Grt2bOutdoors
    Sat Feb 17, 2018 7:51 pm
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    market timer wrote:
    Fri Feb 16, 2018 9:44 pm
    Around 20 years ago, my parents told me that they'd give me $8000/year for four years of college. The rest was up to me. I'll probably do something similar for my kids.
    Adjusted for inflation, no? Otherwise $32k might buy them 1/2 a semesters payment if your lucky.
    by Grt2bOutdoors
    Sat Feb 17, 2018 7:48 pm
    Forum: Personal Consumer Issues
    Topic: Best plants to grow to save money for food costs
    Replies: 93
    Views: 4903

    Re: Best plants to grow to save money for food costs

    patrick013 wrote:
    Sat Feb 17, 2018 7:20 pm


    Vegetables have alot of weeds. Weeds like fertilizer too I
    guess.
    Use black matting or mulch between plants to keep the weeds at bay.
    by Grt2bOutdoors
    Sat Feb 17, 2018 7:46 pm
    Forum: Personal Consumer Issues
    Topic: Best plants to grow to save money for food costs
    Replies: 93
    Views: 4903

    Re: Best plants to grow to save money for food costs

    Something that might be fun is foraging for wild plants, nuts, fruits in your area that you can use in your meals and snacks. When my wife decides to retire and we move to our retirement home in Maine, I plan to take a course or two for that. My grandfather used to come from his house in the city t...
    by Grt2bOutdoors
    Fri Feb 16, 2018 6:08 pm
    Forum: Investing - Theory, News & General
    Topic: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Jack'
    Replies: 17
    Views: 1036

    Re: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Ja

    Helo80 wrote:
    Fri Feb 16, 2018 6:04 pm
    In the last 20... two market crashes, and a very long bull-run as of late... makes me wonder what the next 20 years will be like?
    Stick around and find out!
    by Grt2bOutdoors
    Fri Feb 16, 2018 5:53 pm
    Forum: Investing - Help with Personal Investments
    Topic: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)
    Replies: 15
    Views: 1378

    Re: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)

    To clarify what Duckie means regarding IRA: yes, you should continue to contribute to the 401k and if you have excess funds after your 10% contribution, consider funding an IRA (Traditional or Roth).

    Welcome to the forum!
    by Grt2bOutdoors
    Fri Feb 16, 2018 3:30 pm
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    Your daughter did well enough in high school that the university thinks she's worth accepting. She's optimistic about her future. That's about all you can expect, and I'm sure many parents wish they had that situation. What 'results' do you expect from a high school student other than graduate high...
    by Grt2bOutdoors
    Fri Feb 16, 2018 10:10 am
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
    by Grt2bOutdoors
    Fri Feb 16, 2018 10:09 am
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    I'm going to have my kids work summer jobs and use that money toward their tuition. Your kids are either going to be paid well above average over the course of the next ten summers or chances are they are going to fall far short of being able to pay for 1 years tuition (possibly room and board if t...
    by Grt2bOutdoors
    Fri Feb 16, 2018 7:43 am
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
    by Grt2bOutdoors
    Fri Feb 16, 2018 7:40 am
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    By requiring her to have a certain GPA, the easiest way for her to do that is to take easy classes, those that don't lead to a career. Is that what you want to encourage? We had a term for that in college “fluff class”, apparently there was an unwritten code amongst graduating seniors and upper jun...
    by Grt2bOutdoors
    Fri Feb 16, 2018 7:33 am
    Forum: Personal Finance (Not Investing)
    Topic: How to get child's skin in the game for college?
    Replies: 135
    Views: 6495

    Re: How to get child's skin in the game for college?

    Skin in the game - excuse for people to make when they want to have control over something or someone. Living in this crazy world is having plenty of skin in the game. Every individual is unique, if your daughter is incapable of succeeding in a collegiate environment then the choice is simple, don’t...
    by Grt2bOutdoors
    Thu Feb 15, 2018 11:45 pm
    Forum: Investing - Theory, News & General
    Topic: U.S. bonds in freefall
    Replies: 33
    Views: 5436

    Re: U.S. bonds in freefall

    whodidntante wrote:
    Wed Feb 14, 2018 10:07 pm
    Do you know how you lose money in a bond fund? 0.3% at a time.
    Much better than losing it 3% at a time. And don’t say it can’t happen....