Search found 16841 matches

by Grt2bOutdoors
Sat Nov 18, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investment ideas to get to retirement faster and in better shape!
Replies: 7
Views: 686

Re: Help with investment ideas to get to retirement faster and in better shape!

Don't buy silver! In 2010-2011, silver was trading at $28-$55 an ounce, since then the demand for solar panels is UP, where is the price of silver? It's down!!!
by Grt2bOutdoors
Fri Nov 17, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs mulls the death of the value factor
Replies: 18
Views: 2011

Re: Goldman Sachs mulls the death of the value factor

Value is most profitable when pessimism is greatest. We saw that with the e&p’s in the oil business, financially strong companies were thrown out with the bath water, saw that with the banks - trading at fractions of tangible book value (Warren Buffett did not pass up on that bargain) neither did Ch...
by Grt2bOutdoors
Thu Nov 16, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Value of 401k Employer Match vs. Salary Equivalent
Replies: 34
Views: 3140

Re: Value of 401k Employer Match vs. Salary Equivalent

IMO, a dollar lost in 401k matches is worth more than $1 to you today. Your marginal tax bracket is 25%, while its true that your employer is able to deduct that match as employee compensation, that is not the question. The answer is if you had to replace that $5K match outside of the 401K plan (as...
by Grt2bOutdoors
Thu Nov 16, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help Advise with a Fidelity Managed (discretionary) Account
Replies: 15
Views: 909

Re: Help Advise with a Fidelity Managed (discretionary) Account

Vanguard can offer Portfolio Advisory Services for 0.30%. Why don’t you give them a call and kick the tires?

Fidelity is going to cost you more than double, are you guaranteed double the returns? What are you getting for the price of a nice all expenses paid European vacation each year?
by Grt2bOutdoors
Thu Nov 16, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5030

Re: Help for semi retired friend with 8 figure savings

Take the $1MM in venture capital investments - buy the lowest P/B small cap value equities - both foreign and domestic you can find.
$3MM in gold bullion? is friend in the jewelry industry? No yield, costs to hold and insure are high.
by Grt2bOutdoors
Thu Nov 16, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4261

Re: Regrets after reaching retirement?

Follow the Golden Rule in life and you will have no regrets. Treat yourself and others as you would like to be treated. Be nice to yourself. Moderation in everything, it's okay to spend for present consumption so long as you are spending (saving/investing) for future consumption. Do not be a miser,...
by Grt2bOutdoors
Thu Nov 16, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1785

Re: Variable Annuity Help - Parent's finances

You may want to consider a 1031 tax free exchange into the low cost Vanguard Variable Annuity, if keeping the variable annuity is something your parent's want to do. That would defer the gains even longer, but at a much reduced expense. Vanguard has a handy calculator that will compare the cost of ...
by Grt2bOutdoors
Thu Nov 16, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1785

Re: Variable Annuity Help - Parent's finances

You may want to consider a 1031 tax free exchange into the low cost Vanguard Variable Annuity, if keeping the variable annuity is something your parent's want to do. That would defer the gains even longer, but at a much reduced expense. Vanguard has a handy calculator that will compare the cost of y...
by Grt2bOutdoors
Thu Nov 16, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Value of 401k Employer Match vs. Salary Equivalent
Replies: 34
Views: 3140

Re: Value of 401k Employer Match vs. Salary Equivalent

IMO, a dollar lost in 401k matches is worth more than $1 to you today. Your marginal tax bracket is 25%, while its true that your employer is able to deduct that match as employee compensation, that is not the question. The answer is if you had to replace that $5K match outside of the 401K plan (ass...
by Grt2bOutdoors
Wed Nov 15, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Re: Children's investment
Replies: 3
Views: 347

Re: Children's investment

Depends on the state you reside in, some states are 18, some are 21.
by Grt2bOutdoors
Wed Nov 15, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1849

Re: Portfolio Review

Could be a tall order to obtain $2,500 in investment income. Using a 4% withdrawal rate, would need approximately $750,000 in assets. My projections earlier suggest you could reach $500-600K by 65 at current contribution rates and conservative growth rates. Growth rates are the real wildcard here, n...
by Grt2bOutdoors
Wed Nov 15, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing priority
Replies: 17
Views: 1273

Re: Investing priority

Consider if possible to increase HSA contribution such that you can put in 2,100 in this year. Use part of e-fund to supplement reduction in after tax take home pay, accelerating investment period and reduce sting of $3 monthly fee. Set investment to be high equity enabling ability to overcome $36 a...
by Grt2bOutdoors
Wed Nov 15, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1849

Re: Portfolio Review

My 401k does allow me to invest in Vanguard 500 Index Fund Admiral Shares (VFIAX) and Vanguard Total Bond Index Admiral Shares (VBTLX). If I update my 401k allocations to these two funds would I also change my Roth IRA to just the Total Stock Market and Total International Stock Market funds since ...
by Grt2bOutdoors
Wed Nov 15, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1849

Re: Portfolio Review

My estimated target retirement income is $2000-$2500. Combined with pension and whatever SS I get should cover expenses plus leave a bit for fun! I will check my 401k options to see if there is an S&P 500 and bond option. Thank you for the replies! Thank you for your service! If that is your estima...
by Grt2bOutdoors
Wed Nov 15, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4261

Re: Regrets after reaching retirement?

Follow the Golden Rule in life and you will have no regrets. Treat yourself and others as you would like to be treated. Be nice to yourself. Moderation in everything, it's okay to spend for present consumption so long as you are spending (saving/investing) for future consumption. Do not be a miser, ...
by Grt2bOutdoors
Wed Nov 15, 2017 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Help deciding between Wellesley and 4 Corporate Bond Index Funds
Replies: 14
Views: 1534

Re: Help deciding between Wellesley and 4 Corporate Bond Index Funds

I own the Vanguard short-term corporate bond index fund. While there are many threads about not jumping into short-term bond funds because intermediate-term funds will get you where you want to go over time, here is a screen capture from morningstar.com of the performance comparison between VBTLX (...
by Grt2bOutdoors
Tue Nov 14, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: iShares Core Builder–use as lazy portfolio guide?
Replies: 10
Views: 954

Re: iShares Core Builder–use as lazy portfolio guide?

It's a mistake to hold REIT in a taxable account, that fund will toss out a significant amount in distributions. Paying unnecessary taxes is one way to lower your returns.
by Grt2bOutdoors
Tue Nov 14, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plans - At what age do I move to conservative?
Replies: 24
Views: 1743

Re: 529 Plans - At what age do I move to conservative?

When you've won the game, take your chips off the table. Ask yourself this, are you willing to kick yourself if the value of the account declines by 50% tomorrow and does not recover by the time the first child is 18? If you have 100% at risk, that is exactly what can happen and it can happen faster...
by Grt2bOutdoors
Tue Nov 14, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1849

Re: Portfolio Review

What is your target annual retirement income you are aiming to attain at age 65?
by Grt2bOutdoors
Tue Nov 14, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: [Solved] Starting investing in a long-run bull market: advices ?
Replies: 15
Views: 1510

Re: Starting investing in a long-run bull market: advices ?

OP - I got news for you; the long running bull market has been going on since October 1931. That's right, it's been in a steady but slow upward trend since 1931. In that time period, we've had a Great Depression, followed by a World War that lasted nearly 6 years, followed by an economic boom, then ...
by Grt2bOutdoors
Tue Nov 14, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What happens if you ACH to an account that is closed?
Replies: 5
Views: 743

Re: What happens if you ACH to an account that is closed?

Ask Institution A to inquire with Institution B where the funds are. Have Institution A provide you with the transmittal number showing the funds were sent to Institution B. Use that information to have Institution B investigate your claim of the monies.
by Grt2bOutdoors
Tue Nov 14, 2017 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth starting investing if 7-8 years from retirement?
Replies: 22
Views: 2441

Re: Is it worth starting investing if 7-8 years from retirement?

Do it. Timeframe isn't 7-8 years - one doesn't withdraw all one's funds the day of retirement. I didn't see ages but they may need to plan for possibility of retirement lasting 20-30+ years. Especially important to invest to manage inflation risk over that time period if annuities aren't inflation-...
by Grt2bOutdoors
Tue Nov 14, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: problem new Vanguard Global Wellington fund
Replies: 29
Views: 1891

Re: problem new Vanguard Global Wellington fund

my name wrote:
Tue Nov 14, 2017 6:48 am
The prospectus is just strategy and objectives.
JP Morgan when asked about the market responded; “it will fluctuate”! This investment will be no different from the response given almost 100 years ago.
by Grt2bOutdoors
Mon Nov 13, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3591

Re: Clements: Your "Number One Number"

I'd be a little careful. There is the numerator and the denominator. Perhaps your denominator is a lot larger than the average household. And if you are in a blue collar/skilled trades profession in NYC, San Fran, etc. I can easily see why this figure gets close to 50%. I understand our denominator...
by Grt2bOutdoors
Mon Nov 13, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Individual Stocks
Replies: 22
Views: 1414

Re: Individual Stocks

If you wanted to own individual stocks, why would you want to own blue chips? That's the last area you would have a competitive advantage in. Hedge funds and huge pension funds aren't going to invest in small-cap companies because they won't move the needle. Last week I read an annual report where ...
by Grt2bOutdoors
Sun Nov 12, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: iShares Core Builder–use as lazy portfolio guide?
Replies: 10
Views: 954

Re: iShares Core Builder–use as lazy portfolio guide?

Despite lots of research, I'm having a hard time understanding the specific criteria for choosing one lazy portfolio over another. I found the Blackrock iShares Core Builder tool at https://www.blackrock.com/tools/core-builder/us . At least it asks a few basic questions before spitting out a nice p...
by Grt2bOutdoors
Sun Nov 12, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Bucket #2: Which Bond Funds Do You Recommend?
Replies: 7
Views: 1125

Re: Bucket #2: Which Bond Funds Do You Recommend?

Vanguard Short Term Bond Index - 70% US Governments/30% Investment Grade Corporates If solely interested in short term corporates, another good fund is Vanguard Short Term Investment Grade Bond Fund - more yield, but with yield comes higher risk, the risk showed up in 2008 when the market tanked and...
by Grt2bOutdoors
Sun Nov 12, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Am I loopy for thinking about doing this? [Change stock allocation]
Replies: 10
Views: 1387

Re: Am I loopy for thinking about doing this?

Essentially you want to move to a 50/50 allocation. If it lets you sleep at night and you are able to reach your goal, fine go ahead. Your other statement about being able to sleep well at night - is it now in the present with 60/40 or after you make the switch to 50/50? Assume you earn 4% over next...
by Grt2bOutdoors
Sun Nov 12, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4144

Re: How do you project the amount of income you will have in retirement?

I double our current expenses in retirement and put 25X on top of that. Or, take our current retirement expenses and put 50x on it. That would translate $160K into 8 million dollars for me, which is quite a stretch in my case. Even I allowed for social security, it still would be between 5 and 6 mi...
by Grt2bOutdoors
Sun Nov 12, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2958

Re: Fidelity 10X Retirement Rule - - Valid???

Higher income families who rely on this rule of thumb are going to be very disappointed. It might work fine for families who live on $50,000 a year and social security replaces a good portion of that, but it doesn't work at all if you are expecting to live on $150,000 a year. In that case, the mult...
by Grt2bOutdoors
Sat Nov 11, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 529 (nevada) for a 9 year old and new born
Replies: 4
Views: 515

Re: Vanguard 529 (nevada) for a 9 year old and new born

Have you targeted an amount you'd like to accumulate for 9 year old by time college arrives? You are planning on giving child $7,000 and then $250 a month, but then also planning on giving the new born $3K upfront and also $250 per month. Given the plan, you will accumulate far more in funds for new...
by Grt2bOutdoors
Fri Nov 10, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 39
Views: 4068

Re: FAFSA EFC number shock!

Am not surprised, my neighbor filled it out even though knew they would get zero help. Sure enough, EFC said 99,999+. :shock:
by Grt2bOutdoors
Fri Nov 10, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Individual Stocks
Replies: 22
Views: 1414

Re: Individual Stocks

Purchasing out of favor stocks with low following and good financials coupled with good prospects can be quite profitable. However, one must be extremely patient and there is zero assurance that you will be handsomely rewarded. Invest the majority of your money in a broad based total market fund. In...
by Grt2bOutdoors
Fri Nov 10, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

If you’ve ever been in a situation of scarcity where resources are non existent or you have been on the steps of being or have been evicted- you would know what it means. You have to first walk in someone else’s shoes to know what it means. So very true. Also consider this: The asset will never be ...
by Grt2bOutdoors
Fri Nov 10, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my settlement
Replies: 16
Views: 1564

Re: How to invest my settlement

https://www.bogleheads.org/wiki/Managing_a_windfall Tell nobody. +1. Sage words. The fastest way to advertise your windfall is to park a nice shiny F-150 or F-250 in a driveway where none resided before, where someone currently going to school has just bought one. Don't advertise your financial sta...
by Grt2bOutdoors
Fri Nov 10, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my settlement
Replies: 16
Views: 1564

Re: How to invest my settlement

1. Pay off your debt. 2. Gift your parents $20K. A nice gesture since you live at home. 3. Keep your lips zipped. The less people in real life that know about this money, the better. Nothing, and I mean nothing attracts flies quicker than the thought of free money. Now, I'm not saying you don't have...
by Grt2bOutdoors
Fri Nov 10, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

You have a monthly cost to renting or buying. You need to pay it one way or another in order to live somewhere. If you have favorable mortgage terms it can make sense to pay off the mortgage as scheduled vs. plowing every extra penny into it. But what’s great about personal finance is that it’s, we...
by Grt2bOutdoors
Fri Nov 10, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

Maybe I would tell a very close friend or family member. I wouldn't be advertising it though. People might draw inferences that might not be accurate. I paid cash for my last place (due to not being able to get a mortgage due to not being employed). I didn't go around telling people, but some peopl...
by Grt2bOutdoors
Fri Nov 10, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

I don’t understand why you’re so angry? You think in every single case it makes sense to pay off a mortgage. I don’t. I can make a valid argument on why that is the case and all you can say is “DAVE RAMSEY SAYS RISK”. I don't see Grt2bOutdoors's comments as angry, and he has not mentioned Dave Rams...
by Grt2bOutdoors
Fri Nov 10, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"
Replies: 15
Views: 1116

Re: WSJ: "A Former LTCM Partner Embraces Indexing, and Says You Should Too"

abuss368 wrote:
Fri Nov 10, 2017 12:28 pm
We live in an amazing time with the mega shift to indexing.
It's takes the lemmings time to catch up with the crowd.
by Grt2bOutdoors
Fri Nov 10, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

and in the meantime where will you live if day the value of your portfolio is only enough for 1 years worth of rent? Meanwhile a paid off home is just as comfortable as it was the day before the market crashed! You don’t pay rent to live in your home in the form of property taxes, home owners insur...
by Grt2bOutdoors
Fri Nov 10, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

Wrong. What if the market crashes and wipes out the money that person had saved, which could have satisfied the mortgage. Let’s look at a sunk cost analysis: If you didn’t have a mortgage, would you obtain one and invest all the proceeds in the stock market? No, I wouldn’t either. A 100% equity por...
by Grt2bOutdoors
Fri Nov 10, 2017 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 328
Views: 34695

Re: Did you tell anyone you paid off your mortgage?

The OP question just seems kind of odd, no offense intended. I guess I don't see paying off a mortgage as some sort of huge accomplishment or sign of wealth. We had ours about half paid off, but then refinanced back up to the original amount to pay for a much needed remodel. We could have paid most...
by Grt2bOutdoors
Fri Nov 10, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 15
Views: 1356

Re: Annual timing of Roth IRA contribution

The one reason to wait is if you are close to the contribution limit. Your W-2 income may be low enough but is it possible that you may realize capital gains or receive some kind of windfall during the year that might put you over? The OP is talking about funding a Back door Roth. What over the con...
by Grt2bOutdoors
Thu Nov 09, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bank Balance Sheet (M1 Finance Portfolio)
Replies: 23
Views: 1002

Re: Bank Balance Sheet (M1 Finance Portfolio)

David Scubadiver wrote:
Thu Nov 09, 2017 6:21 pm
“It measures the largest single drop from peak to bottom in the value of a portfolio (before a new peak is achieved).” So that is better than the worst year in the sense that IF i am adding to it regularly it won’t be down as much as the worst possible year. ?
No one knows what the future holds.
by Grt2bOutdoors
Thu Nov 09, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bank Balance Sheet (M1 Finance Portfolio)
Replies: 23
Views: 1002

Re: Bank Balance Sheet (M1 Finance Portfolio)

It’s expected deviation, it’s not maximum drawdown.
by Grt2bOutdoors
Thu Nov 09, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4775

Re: What do you do to keep your mind sharp?

Read biotech companies presentations on their latest clinical results. Interesting stuff, real cutting edge, but I have to take my time learning the lingo. I’ll let you know if I find any winning lottery tickets. A little bit of exercise. Answer questions on Bogleheads, read a lot of other interesti...
by Grt2bOutdoors
Thu Nov 09, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bank Balance Sheet (M1 Finance Portfolio)
Replies: 23
Views: 1002

Re: Bank Balance Sheet (M1 Finance Portfolio)

Portfolio 3 offers the best returns for an acceptable level of risk. Look at the standard deviation of returns. If you take the CAGR, now deduct the standard deviation from it, that is what return could be when risk shows up. Look at the max draw down, are you comfortable with losing that much in an...
by Grt2bOutdoors
Thu Nov 09, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Investment Books & Your Library
Replies: 36
Views: 2545

Re: Investment Books & Your Library

For those who feel they are seeing decreasing marginal returns from new investment books, I might recommend reading on the transition from accumulation portfolio to retirement portfolio. For example William Bernstein’s ebook on life cycle investing or Retirement Portfolios by Zwecher. Dave Have Zwe...