Search found 18755 matches

by Grt2bOutdoors
Mon Sep 24, 2018 6:11 am
Forum: Personal Consumer Issues
Topic: Best/worst flavors of Gatorade/Powerade
Replies: 17
Views: 957

Re: Best/worst flavors of Gatorade/Powerade

Kenkat wrote:
Sun Sep 23, 2018 9:00 pm
Lemon Lime or Orange Gatorade
+1. I like Orange best, Lemon Lime comes in second.
by Grt2bOutdoors
Sat Sep 22, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Has anyone gone to a Retirement Wealth Academy seminar?
Replies: 17
Views: 1585

Re: Has anyone gone to a Retirement Wealth Academy seminar?

If they aren’t selling anything why is the price of admission $250k?
by Grt2bOutdoors
Fri Sep 21, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Buckingham Strategic Wealth #12 on Barron's
Replies: 13
Views: 1540

Re: Buckingham Strategic Wealth #12 on Barron's

hdas wrote:
Fri Sep 21, 2018 9:12 pm
Wonder how many forum members are donating their 1% to his firm. H
There are firms that provide “value” to their clients. Don’t be fixated on cost - Old saying “penny wise, pound foolish”. Buying the cheapest could cost you dearly.
by Grt2bOutdoors
Fri Sep 21, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for Minor ROTH IRAs for Kids Ages 15 & 13
Replies: 7
Views: 546

Re: Asset Allocation for Minor ROTH IRAs for Kids Ages 15 & 13

70% Total Stock Market Index
30% Total International Stock Index
Let them ride.
by Grt2bOutdoors
Fri Sep 21, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Out of Market
Replies: 23
Views: 3267

Re: Out of Market

Never thought I would walkway from the market but at the age of 78 with health issues I decided to maintain about 10% of my assets in stocks (currently own) and another 10% in high rated corporate bonds (currently own) yielding 4-5%. I also keep 10% in cash for emergency (2% Vanguard Prime MM). I a...
by Grt2bOutdoors
Fri Sep 21, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Another Wifi extender thread
Replies: 34
Views: 2181

Re: Another Wifi extender thread

Gr82boutdoors: easy to install? Do you put it near router or in the dead zone room? I put it in my dead zone room. The issue for me was the signal from my router was too weak resulting in buffering and slowness when using wi-fi in that area. I had done an extension a few years back, my understandin...
by Grt2bOutdoors
Fri Sep 21, 2018 6:37 am
Forum: Personal Consumer Issues
Topic: Another Wifi extender thread
Replies: 34
Views: 2181

Re: Another Wifi extender thread

just have a problem with one bedroom. For less than $30 I would give this a try. I had the same problem and this worked fine for me . https://www.amazon.com/gp/product/B00NR2VMNC/ref=oh_aui_detailpage_o09_s00?ie=UTF8&psc=1 P-Link AC750 Dual Band WiFi Range Extender (RE200) TP-Link AC750 Dual Band W...
by Grt2bOutdoors
Fri Sep 21, 2018 6:34 am
Forum: Personal Consumer Issues
Topic: Another Wifi extender thread
Replies: 34
Views: 2181

Re: Another Wifi extender thread

Duplicate
by Grt2bOutdoors
Fri Sep 21, 2018 5:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 277
Views: 26393

Re: U.S. stocks continue to soar!

Well yes, 1982 through 2012 was a bull market in bonds that was huge. As I recall, long treasuries actually had a slightly better performance than the stock market itself over that time period. There was also a tremendous bull market in stocks from 1984-1999. That is one heck of a wind at the back ...
by Grt2bOutdoors
Thu Sep 20, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 82
Views: 9323

Re: Call the Top!

Not yet!
by Grt2bOutdoors
Thu Sep 20, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Universal Life article in WSJ 9/20/18
Replies: 14
Views: 1509

Re: Universal Life article in WSJ 9/20/18

Couldn't help noticing a number of people quoted were insurance agents who bought into the product they sold. Like some products today, the agents selling them don't themselves truly understand what they're selling. Goes to show, even those who purport to know what they are selling, subject matter ...
by Grt2bOutdoors
Thu Sep 20, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Can I really retire? Please check my math and poke holes.
Replies: 48
Views: 5651

Re: Can I really retire? Please check my math and poke holes.

You are projecting abt 57k fixed income at age 70. Between 62-70 you need about 500k. 700k will grow close to a million in 8 years. If you still want an annuity you will get a better rate. The OP is 30/70 now, how do you figure he’Ll earn 5% average annual returns over next 8-9 years in real money?...
by Grt2bOutdoors
Thu Sep 20, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Can I really retire? Please check my math and poke holes.
Replies: 48
Views: 5651

Re: Can I really retire? Please check my math and poke holes.

I'd be careful about "I'm in the fortunate situation where health insurance costs are not likely to change much when I retire." . There are no protections that guarantee retiree health benefits can't be changed. If they do, it's highly likely they won't be to your benefit, and you've got 20 - 30 ye...
by Grt2bOutdoors
Thu Sep 20, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Can I really retire? Please check my math and poke holes.
Replies: 48
Views: 5651

Re: Can I really retire? Please check my math and poke holes.

What is your housing situation? Do you rent, have a mortgage, or a paid off house? If you have a house how much is it worth? we'll take out a dual life annuity. I'm conservatively estimating it will cost $300k to generate a $15k/year annuity. ...... We'll still have the annuity, it might be only wo...
by Grt2bOutdoors
Wed Sep 19, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Do Postal Regulations Allow Me to Learn the Identity of the Holder of a POB?
Replies: 6
Views: 968

Re: Do Postal Regulations Allow Me to Learn the Identity of the Holder of a POB?

No. Only if the person(s) renting the box has completed and signed a privacy waiver over to you permitting the postal service to disclose that to you. Doesn’t sound like you have it.
by Grt2bOutdoors
Wed Sep 19, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Philanthropy 101
Replies: 13
Views: 818

Re: Philanthropy 101

Use Fidelity Charitable- minimum to open is $5,000, annual administrative fee of $100, minimum gift amount is $50.
by Grt2bOutdoors
Wed Sep 19, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Landscaping costs?
Replies: 15
Views: 2094

Re: Landscaping costs?

That’s the market rate. As others have said, you’re having a lot of work done. The retaining wall is $3-4K right there. The electrical work is another $750. Rock can cost depending on what kind you buy, had a landscape place quote me $230 a ton for some real nice river stone, we opted for something ...
by Grt2bOutdoors
Wed Sep 19, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3974

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

Any reason why one of the children isn't being asked to help? It seems decidedly odd to go straight to a grandchild — who is still apparently learning about investment — to suddenly managed a portfolio of $7M, which must be a well-into-the-99th-percentile portfolio. What about my post made you thin...
by Grt2bOutdoors
Wed Sep 19, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3974

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I heard of a gentleman with an MBA from the Booth School of Business. His deceased mom made sure that his inheritance was administered in trust with his two other brothers (who had no particular financial education qualifications) as trustees. I guess his mom didn't like the University of Chicago. ...
by Grt2bOutdoors
Wed Sep 19, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3878

Re: “Majority of working-age Americans have no retirement savings”

It's often interesting to look behind the curtain at the organizations publishing such information. A quick glance at the National Institute on Retirement Security shows they are a Washington D.C. lobbying group funded mostly by state government retirement systems. I would view their published stud...
by Grt2bOutdoors
Wed Sep 19, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: UTMA help.... advice needed for inherited UTMA
Replies: 9
Views: 506

Re: UTMA help.... advice needed for inherited UTMA

However, this would enable you to rollover the balance in the UTMA account to a UTMA 529 account prior to college. If you and the student will be on the bubble of financial aid. UTMA accounts can be very detrimental to the FAFSA calculation. But its not like a student-owned 529 account is not detri...
by Grt2bOutdoors
Wed Sep 19, 2018 6:44 am
Forum: Investing - Help with Personal Investments
Topic: Trust Under Will (TUW)
Replies: 6
Views: 469

Re: Trust Under Will (TUW)

It seems like a testamentary Trust was created upon your fathers death? In other words, the trust is created only upon the decedents death and not before. I would ask attorney but it seems that the actual creation of Will was in 2018 and not 2010. Testamentary trusts are created upon death, not prio...
by Grt2bOutdoors
Wed Sep 19, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: UTMA help.... advice needed for inherited UTMA
Replies: 9
Views: 506

Re: UTMA help.... advice needed for inherited UTMA

The muni bonds have nice yields and I believe the intent of the grandfather was to use a conservative investment to preserve the nominal principal and not have to pay taxes on the income. Mission accomplished! Now, if the new custodian wishes to invest for growth, I would suggest using Vanguard Tota...
by Grt2bOutdoors
Tue Sep 18, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3312

Re: Equity in house / Do you use it?

I'm a private banker, and many of our clients maintain home equity lines of credit. These are often used for things like making quarterly tax estimate payments, paying for new cars/boats/planes outright versus going through the hassle of getting a separate amortizing loan for those purchases, payin...
by Grt2bOutdoors
Tue Sep 18, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett and Jack Bogle agree on the formula for long-term success: 'Buy and hold' "
Replies: 6
Views: 986

Re: "Warren Buffett and Jack Bogle agree on the formula for long-term success: 'Buy and hold' "

Warren Buffett is known for exiting out of positions. He does not just “buy and hold”. People will exit out of positions for the simple fact, they need money to live their life.
by Grt2bOutdoors
Tue Sep 18, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: How did you decide when to retire?
Replies: 52
Views: 7227

Re: How did you decide when to retire?

I don't understand the OP's issue. $58K in "reduced" pension, $1 million in tax deferred portfolio. Eventually at age 70, another $40K in Social Security benefit ignoring what their spouse does. Only $25K of housing cost and it sounds like much of it is co-op/condo/HOA fees since the mortgage amoun...
by Grt2bOutdoors
Tue Sep 18, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4515

Re: Dilemma: Add room to current house or buy new house?

I'd look for other quotes. $150,000 for a 300 foot sunroom seems astronomical to me. Agree. Personally I’d buy a new house, after having lived through a house renovation and contractor nonsense, I have had enough. Oh, and that quote for $150,000 - insanity. Is that before or after cost overruns?
by Grt2bOutdoors
Tue Sep 18, 2018 6:07 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3312

Re: Equity in house / Do you use it?

After I received a threatening letter from an attorney regarding a dog bite that allegedly occurred on my property, I immediately took out a HELOC. When attorney's are working on a contingency basis, you want to make sure there are as many liens on a property as possible so it looks like you're lev...
by Grt2bOutdoors
Tue Sep 18, 2018 6:06 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3312

Re: Equity in house / Do you use it?

Downsize, then use the cash as you desire. Unless you have substantial after-tax taxable investments where you are covering the amount of equity taken away in the form of a loan, my advice is to pass. You fail to pay back the loan against your house, they will foreclose on you. So, to answer your qu...
by Grt2bOutdoors
Mon Sep 17, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Double Check
Replies: 23
Views: 1571

Re: Retirement Double Check

You have a better shot at a 30 year retirement if you walk out at age 45 or 50 and still no guarantee of it either. You can do everything right and life happens. I wouldn’t be fixated on a 30 year retirement horizon unless family genetics is favorable towards longevity, though no guarantee. On aver...
by Grt2bOutdoors
Mon Sep 17, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1619

Re: Whole Life vs Universal Life Insurance

One more point about whole life insurance, your death benefit. Going back to earlier example, your policy of $200,000. Let’s say you’ve owned it for exactly 10 years, you’ve paid in $20,000. You accumulate a cash value of $10,000. Something happens, your beneficiary goes to collect, how much does wi...
by Grt2bOutdoors
Mon Sep 17, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Double Check
Replies: 23
Views: 1571

Re: Retirement Double Check

......Estimated annual expenses / budget $90,000........Estimated Retirement fund goal (90,000 x 25) = $2,250,000 Forgot to add: Forbes, Kipplinger's, Money, TRowe and just about everyone else under the sun recommends you do a retirement plan based on a 30 year span of being retired - ages 65 to 95...
by Grt2bOutdoors
Mon Sep 17, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Double Check
Replies: 23
Views: 1571

Re: Retirement Double Check

Asset allocation- OP, you should invest based on your need, ability and willingness to take risk. If you only need say $1 million in the securities markets (i say $1 million because you should have a buffer for a margin of safety, in the event you have a higher annual cash need at retirement or you ...
by Grt2bOutdoors
Mon Sep 17, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1619

Re: Whole Life vs Universal Life Insurance

Just for more information, I am married and we have a 2.5 year old child. I like the idea of whole or universal, because from my understanding it acts as an investement you can leverage loans and other things against as well as life insurance. Where as with term all I get is the pay out to my famil...
by Grt2bOutdoors
Mon Sep 17, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6745

Re: Is there such thing as saving TOO much?

For the record, I do spend money on things I enjoy. I usually take 1-2 trips per year. Usually to the western US..I live with my father. I pay him rent, but not as much as it would be if I were renting an apartment. I enjoy living with him and helping him with things around the house, and he enjoys...
by Grt2bOutdoors
Mon Sep 17, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing? -- 32 y/o lawyer in Bay Area
Replies: 32
Views: 4298

Re: How am I doing? -- 32 y/o lawyer in Bay Area

I don't like idea of including 401k or any retirement fund in net worth, especially at this age. Why not? Basic general accepted accounting principles, you can verify it yourself on any financial statement, private or public: Assets - Liabilities = Net Worth. Categorically, you can segregate assets...
by Grt2bOutdoors
Mon Sep 17, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to get financially ready for death of parent
Replies: 22
Views: 2546

Re: How to get financially ready for death of parent

A few months ago, I attended an excellent retirement planning seminar given by an Elder Law attorney. Here’s the list, organized into 4 areas plus a list of professional advisors at the end to help you with planning and implementation. Team of Advisors Financial advisor Elder law attorney Business ...
by Grt2bOutdoors
Mon Sep 17, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: 401k roth or trad in NJ
Replies: 13
Views: 658

Re: 401k roth or trad in NJ

Pre-tax is right for most people, regardless of where you live. Now, when you factor in two large SS payments plus a pension, it gets trickier in terms of your taxable income in retirement (in my case we could be looking at nearly 100k in retirement income, but that's still way below our current ma...
by Grt2bOutdoors
Mon Sep 17, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: 401k roth or trad in NJ
Replies: 13
Views: 658

Re: 401k roth or trad in NJ

Pre-tax is right for most people, regardless of where you live. Now, when you factor in two large SS payments plus a pension, it gets trickier in terms of your taxable income in retirement (in my case we could be looking at nearly 100k in retirement income, but that's still way below our current ma...
by Grt2bOutdoors
Mon Sep 17, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2132

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Do you have to retire at age 62? If you work to age 65, you are two more years closer to Social Security and you have 3 more years worth of savings in hand?
by Grt2bOutdoors
Mon Sep 17, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3790

Re: (No Savings) *Everything* in S&P 500?

The federal 401-K (TSP) was launched in 1987 and back then we had actual live (contract) trainers that travelled around and gave educational seminars. They were pretty heavy on suggesting younger employees go 100% in S&P 500 index which at the time was the only stock fund option. I know several peo...
by Grt2bOutdoors
Mon Sep 17, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: 401k roth or trad in NJ
Replies: 13
Views: 658

Re: 401k roth or trad in NJ

Taxedtodeath, Why would you contribute to Roth 401K? Unless you like paying taxes instead of spending your own money, Trad. 401K is the right answer. After that, if you still have extra money to save, you could contribute to the after-tax 401K account and do a Mega-Roth Backdoor IRA. KlangFool Than...
by Grt2bOutdoors
Mon Sep 17, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: How to invest money that you may need in 6 months to a year.
Replies: 17
Views: 1814

Re: How to invest money that you may need in 6 months to a year.

PMMF is the correct response here. Currently has a yield of 2.09% but that will quickly jump up as soon as the FED bumps their rate up (this month?). FDIC insurance is a non-factor for such a short term. Yes, a non-factor except ask those who invested in The Reserve Fund how that played out in 2008...
by Grt2bOutdoors
Mon Sep 17, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor suggesting 7 Bond funds for my 40%
Replies: 44
Views: 5182

Re: Vanguard Advisor suggesting 7 Bond funds for my 40%

Why bonds. In the last 10 years what would you have made. I'm 5% mm and 95% in stocks In the last 10 years I'm up 15% per year. Why would a 10 year bull market be a useful time frame for deciding why bonds? Bonds: because the market doesn't always go up for 10 years. Benjamin Roth, The Great Depres...
by Grt2bOutdoors
Mon Sep 17, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Can I have an oversized emergency savings account?
Replies: 19
Views: 2129

Re: Can I have an oversized emergency savings account?

Yup and there is absolutely nothing wrong with holding cash. Read my signature line - need, ability and willingness to accept risk. Some occupations have absolute job security. Need to hold cash - minimal. Some occupations take a bit longer to find suitable employment. Need to hold cash, higher exce...
by Grt2bOutdoors
Mon Sep 17, 2018 6:13 am
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3790

Re: (No Savings) *Everything* in S&P 500?

If you are a high earner with job security, you can invest any way you want. Your friend likely has 5x growth in his investment, when you are a multimillionaire you can do things like that. The majority of folks do not invest like that because of one or more factors.
by Grt2bOutdoors
Mon Sep 17, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor suggesting 7 Bond funds for my 40%
Replies: 44
Views: 5182

Re: Vanguard Advisor suggesting 7 Bond funds for my 40%

Decided to have Vanguard look at my all Vanguard portfolio (60% stock/40% bonds) with a push for simplification. The proposed stock changes I understand. For bonds, I previously only had 3 Vanguard bond 'funds'. Mostly the Total Bond Market Index fund, GNMA fund and one Treasury Note (TIPs). The su...
by Grt2bOutdoors
Mon Sep 17, 2018 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 151
Views: 10912

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Find a new job (if you want).
$10.5 million net worth, after taxes $6 million.
What is your end goal? Money or getting your life back.
by Grt2bOutdoors
Sun Sep 16, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5391

Re: Employer won't Match 401k. Why?

cdu7 wrote:
Sat Sep 15, 2018 11:18 am
They don’t want to. Entirely depends on the employer. I once saw a 401k plan where they put in 15k a year no matter what you did, but the options were all horrible high fee ones
It’s still free money, would take it in a heartbeat.