Search found 18834 matches

by Grt2bOutdoors
Wed Oct 17, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Treasuries safe?
Replies: 33
Views: 1396

Re: Treasuries safe?

U.S. Treasurys aren't really that safe. We use them as a proxy for the "risk free asset" in our financial models because there isn't a better alternative. However, people over the years have now taken it to be literally risk free, which is a mistake IMHO. When you apply normal credit underwriting s...
by Grt2bOutdoors
Wed Oct 17, 2018 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Critique my Finances Please
Replies: 10
Views: 1750

Re: Critique my Finances Please

Get rid of the car loan.
by Grt2bOutdoors
Tue Oct 16, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 61
Views: 5403

Re: What do you consider 'enough'?

1.25 * (G - t) = X * years to retirement age.
Where G = gross income expected in retirement in today's dollars
t = contribution to taxing authorities

The .25 is the "buffer", a nice to have just in case. One can dream~
by Grt2bOutdoors
Tue Oct 16, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2223

Re: International Fund Down - What to do?

I have a good amount of International Exposure in my 3 Fund Portfolio Brokerage (taxable) and notice that my International / Bond had been walloped and down 5% from when I purchased. What would be your guys suggestions moving forward and is there anything I can do? Any suggestions welcome. My weigh...
by Grt2bOutdoors
Tue Oct 16, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2665

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

I'm not sure if I should do lump sum payout or spread it out. Probably lump sum, so I can have a good buffer in my emergency fund. You could take the lump sum, then purchase a ladder of US Treasury zero coupon bonds each expiring over a 26 year period, at the end after paying a ton of taxes on “pha...
by Grt2bOutdoors
Tue Oct 16, 2018 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2665

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

A better use for the $2 is to buy myself a cheap beer at the grocery store and drink it... at least I get some value for my money rather than the equivalent of burning it. It's amazing that people think the odds of winning are even reasonable.. in reality it's so small that it could be considered z...
by Grt2bOutdoors
Tue Oct 16, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2665

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

I do't think jackpots are an investment. But $20 for entertainment once in awhile doesn't seem alike a problem to me. The entertainment comes from dreaming how you'd allocate all that money.* You only need one ticket for that. *It would be totally fun to set up a charitable foundation and make givi...
by Grt2bOutdoors
Tue Oct 16, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer – bonus details provided after acceptance
Replies: 26
Views: 1760

Re: Job Offer – bonus details provided after acceptance

Red flag. They could be moving to a “pot” structure. One big pot to divvy up at their discretion. Those are amongst the worst in bonus pools because of the level of subjectiveness. Your performance may or may not have anything to do with actual payout.
by Grt2bOutdoors
Tue Oct 16, 2018 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 3023

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

1. Health insurance? How expensive can Cobra be? 2. What to do with the severance package? Should we save this in the emergency fund? Anything else , we should be aware off? 3. what to do with her 401k ? She is target retirement fund which charges 0.55% expense fee 1. Very. I've switched jobs a few...
by Grt2bOutdoors
Sat Oct 13, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5883

Re: Neighbor discussing finances with me

Could be a stable value fund?
by Grt2bOutdoors
Fri Oct 12, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4841

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Big Dog wrote:
Fri Oct 12, 2018 4:54 pm
you also need to complete fafsa if you decide that you want your kid to take out federal loans, to have skin in the game so to speak.
More like a “shackle”. Nothing like starting adulthood with debt for motivation. :oops:
by Grt2bOutdoors
Thu Oct 11, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 41
Views: 2421

Re: What would you do with some bulk silver?

Mike Scott wrote:
Thu Oct 11, 2018 1:36 pm
What does "pass it down" mean to dad? It might mean holding the stuff as is to pass on or it might mean cashing it out and passing on the money.
+1. It means most likely to hold it and give it to them one day so they remember their grandfather.
by Grt2bOutdoors
Thu Oct 11, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7482

Re: What did you buy today

A cup of coffee. "Just around the corner, there's a rainbow in the sky, So let's have another cup of coffee, and let's have another piece of pie; Trouble's like a bubble, and the clouds will soon roll by, So let's have another cop of coffee, and let's have another piece of pie; Let a smile be your ...
by Grt2bOutdoors
Thu Oct 11, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Cash
Replies: 28
Views: 2162

Re: Mortgage vs. Cash

Is home “move-in” ready? No window treatments, no painting, furniture, etc? My point is home costs $575k plus cost of closing - attorney, etc. You have $125k available for all of above. Is your job secure?
by Grt2bOutdoors
Thu Oct 11, 2018 6:25 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5149

Re: Feeling Guilt among family/peers

When you stop making money the focus of your interactions with others, you’ll find your relationships don’t suffer. Examples - I can pay all my bills on time, I paid $7,834 on an engagement ring, have a new car, make $70k a year. No one likes to feel or have their insecurities brought forward in con...
by Grt2bOutdoors
Wed Oct 10, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7482

Re: What did you buy today

A cup of coffee.
by Grt2bOutdoors
Wed Oct 10, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard not answering their telephone
Replies: 11
Views: 1441

Re: Vanguard not answering their telephone

whodidntante wrote:
Wed Oct 10, 2018 5:48 pm
They are testing a new 0% ER customer service.
LOL! Or, they are busy doing their own trades, they’ll get to you next! (Only kidding).

Likelier reason was they were bombarded with phone calls, it was a “all crew on deck kinda day”.
by Grt2bOutdoors
Wed Oct 10, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: invest in sears bond maturing next week 10/15 , trading at 58c on the $
Replies: 18
Views: 2559

Re: invest in sears bond maturing next week 10/15 , trading at 58c on the $

MichCPA wrote:
Wed Oct 10, 2018 7:15 pm
Well, management's plans are to try to reduce debt by 80%. That tells me all I need to know.
Says mgmt is going to offer you less than 20 cents on the dollar.
by Grt2bOutdoors
Wed Oct 10, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: invest in sears bond maturing next week 10/15 , trading at 58c on the $
Replies: 18
Views: 2559

Re: invest in sears bond maturing next week 10/15 , trading at 58c on the $

Buy it, you’ll likely get something more than the equity holders, just how much more is anyone’s guess.
by Grt2bOutdoors
Wed Oct 10, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Millennials & Money Data
Replies: 25
Views: 3096

Re: Millennials & Money Data

kaeltor wrote:
Wed Oct 10, 2018 3:25 pm
I mean, I am a millennial and had 50K in assets up until todays correction -- do i count?
Check back tomorrow. :wink:
by Grt2bOutdoors
Wed Oct 10, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Millennials & Money Data
Replies: 25
Views: 3096

Re: Millennials & Money Data

I would not assume that people understand what “maxing out 401(k) contributions” means. Even on this forum, we occasionally get someone who thinks it means contributing enough to get the employer match. Both younger and older colleagues of mine believe its contributing enough to get employer match....
by Grt2bOutdoors
Wed Oct 10, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: You're in the Top 1% if you have $2.5 million
Replies: 21
Views: 3397

Re: You're in the Top 1% if you have $2.5 million

Actionable: What ONE financial move could one make in order to grant the highest probability of hitting 1% by net worth? You need to start a very successful business of some sort, or get into a senior position in a very successful company. In other words, you need to hit the lottery. Out of 365 mil...
by Grt2bOutdoors
Tue Oct 09, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: Kid already in 9th grade, too late to start 529?
Replies: 14
Views: 1668

Re: Kid already in 9th grade, too late to start 529?

My kid is in 9th grade, is it too late to start his 529? I do have 150K saved for his education but money is in CD currently paying only 2.1%. I have another kid too who is in 4th grade I am thinking of starting 529 for him through Vanguard as 2.1% before tax is not very good return (I am in 37% ta...
by Grt2bOutdoors
Tue Oct 09, 2018 6:14 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2528

Re: College loan advice?

Are you certain about not qualifying for loans? Neither the federal unsubsidized direct loan nor the parent PLUS loan is need-based. You can obtain these loans regardless of the expected family contribution (EFC) amount. +1 That would require the OP to co-sign or effectively guarantee the loan. OP ...
by Grt2bOutdoors
Tue Oct 09, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2528

Re: College loan advice?

She’s working during college plus studying - imo, as someone who did the same in college and grad school, your child has plenty of “skin” in the game. She may be competing against those whose parents gave them a free ride and don’t need or want to work. If you have the means, pay for school but don’...
by Grt2bOutdoors
Mon Oct 08, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling VTSMX to buy VIGRX & VISGX
Replies: 14
Views: 1335

Re: Thinking about selling VTSMX to buy VIGRX & VISGX

I'm still new to this. 28 years old. I have around $6,500 in Total Stock Market Index (VTSMX). I am thinking about selling it and buying Growth Index (VIGRX) and Small-Cap Growth Index (VISGX). Thoughts on this? It's better to buy the entire haystack instead of just a small section. Why? Owning the...
by Grt2bOutdoors
Mon Oct 08, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Can we safely retire early?
Replies: 18
Views: 3276

Re: Can we safely retire early?

You asked if you can "safely" retire early - 68% probability of making it sound safe to you? It isn't for me - I'd feel more confident if the number was 85%+.
by Grt2bOutdoors
Mon Oct 08, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1095

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

We opened an account at Vanguard in 1982. And it was inspiring. Back then there was no internet. You had to mail in your investment check with your handwritten application. Any questions - call or write. Yes, and we still had a rotary dial phone, too. Wow! Let me guess - it's either black or white,...
by Grt2bOutdoors
Mon Oct 08, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5460

Re: Landlord wants to raise rent, but is asking if he can?

If you feel like being super fair, you could index your rent to inflation. It will go up every year by about 2%. It's already going up every year by 2.5%. Can I ask you a question? When things break in your apartment - who repairs it? You or the landlord? I'm talking about anything from a light swi...
by Grt2bOutdoors
Mon Oct 08, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14164

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Do you have a crystal ball that tells you how long you will live? Of course not, but when I am 60, I can say I won't live to 70 more years. And when I am 100, I can say I won't live 30 more years. But when I am 45, what can I say? You range was 10-25, with very different numbers (10% withdrawals or...
by Grt2bOutdoors
Sun Oct 07, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3329

Re: What are your strategies when shopping for a house?

Suggest you purchase a plot of land, then custom build your own home. Then your complaints will be minimized.
by Grt2bOutdoors
Sun Oct 07, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1095

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

livesoft wrote:
Sun Oct 07, 2018 10:46 am
We opened an account at Vanguard in 1982. And it was inspiring.
Back then there was no internet. You had to mail in your investment check with your handwritten application. Any questions - call or write.
by Grt2bOutdoors
Sun Oct 07, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1095

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

Keep costs low. You don’t need more than 5 funds to be diversified. Stay the course.
by Grt2bOutdoors
Fri Oct 05, 2018 6:43 am
Forum: Investing - Help with Personal Investments
Topic: 47yo funded college, paid house, maxed retirement...now what?
Replies: 22
Views: 2738

Re: 47yo funded college, paid house, maxed retirement...now what?

When you can't figure out where to put money, pay some of mortgage. You say your kids' college is funded. Just to understand, so you've got at least $600k saved for that (thinking of 5 years at a private college at today's prices). No, I think OP is saying college money is in addition to his taxabl...
by Grt2bOutdoors
Fri Oct 05, 2018 6:38 am
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7604

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Wow, some pretty deep thought out responses in this thread. Several way past me. My view is simple. Larry is trying to sell people something to make money, period. Jack hasn't had to sell anything in a long time, and simply preaches philosophy. Larry=salesman, selfish (though does share a lot of th...
by Grt2bOutdoors
Thu Oct 04, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Take the hit or ride it out?
Replies: 21
Views: 3636

Re: Take the hit or ride it out?

Thanks to all for taking the trouble to reply to my question. I’m 48 and intend to settle in the USA permanently. Converting in excess of £1 million into USD at a 30 year low exchange rate just feels like bad business to me,when I do have the option to hold it sterling denominated UK equities and t...
by Grt2bOutdoors
Thu Oct 04, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3928

Re: Black suit with dark brown shoes?

Black tie affair - don’t be an outlier lest you don’t mind being the talk of the office. Wear black shoes.
by Grt2bOutdoors
Thu Oct 04, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12046

Re: Larry Swedroe: Be Prepared For Losses

in the case of hyperinflation of the US economy with the dollar being a world currency, where exactly would you go? The idea is that being a tangible asset, gold will more or less retain its purchasing power in a hyperinflationary environment. One nation, even an economic powerhouse like the U.S., ...
by Grt2bOutdoors
Thu Oct 04, 2018 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8606

Re: Best way to Invest 10 Million Portfolio at 40 without income

The 7.8M is approximately 7.2M in equity/cash equivalent, 430K in a house that would be sold and Gold/Misc items of another 100K or so. Why would 90/10 be aggressive? Even if the market dropped by 50% for a few years, I could just live off the bonds during the downturn until it bounced back is my t...
by Grt2bOutdoors
Thu Oct 04, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12046

Re: Larry Swedroe: Be Prepared For Losses

The saying here on Bogleheads is money needed in 5 years doesn’t belong in equities. Equities may bounce back after a year or two, but if they don’t you’d best be prepared for 5 years of bad times. How many are prepared for even 2? Read some of the posts on the forum, you’ll see what I mean.
by Grt2bOutdoors
Thu Oct 04, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 68
Views: 13059

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

Look forward to reading the new book. Not to take anything away from The NMND, but it looks like a similar-themed book will be coming out by Dave Ramsey's crew in January 2019... Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too https://www.amazon.com/gp/prod...
by Grt2bOutdoors
Thu Oct 04, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5460

Re: Landlord wants to raise rent, but is asking if he can?

Pay the 2.5% to maintain the relationship. Otherwise, as the landlord's costs add up year by year, he will be faced with a dramatic rise in rent (reality check) to keep up. At that point, you will be hit with a large rise or vacate. Relationships are terrific to have but never forget that it's a "b...
by Grt2bOutdoors
Thu Oct 04, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5460

Re: Landlord wants to raise rent, but is asking if he can?

On good terms with the landlord and have lived in flat (his house but my own floor, walk in, etc.) for 5 years. Last year he increased rent +2.5% due to utilities going up. Same thing this year, asking to raise rent +2.5% this year, but asking if he can. He says if we don't want to, we don't have t...
by Grt2bOutdoors
Thu Oct 04, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Anyone tried basil tea?
Replies: 24
Views: 1446

Re: Anyone tried basil tea?

Is basil tea good to drink? I mean it’s not like tea that I could buy in a store. If it tastes good I’d imagine some company would be selling it already.
by Grt2bOutdoors
Thu Oct 04, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7604

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Difference between Jack's advice and Larry's, I will put it this way: Bogle's advice is timeless and it will stand the test of time. Swedroe's advice is flavor of the decade, it may not stand the test of time. Question one need to ask, do I feel lucky? Full disclosure: I do not own a 3-fund portfol...
by Grt2bOutdoors
Thu Oct 04, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7604

Re: Key differences between investing philosophies: Swedroe vs. Bogle

corn18 wrote:
Wed Oct 03, 2018 5:28 pm
Swedroehead is too hard to pronounce.
I prefer “friend of Larry”. Much easier. :wink:
by Grt2bOutdoors
Wed Oct 03, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8606

Re: Best way to Invest 10 Million Portfolio at 40 without income

Unless the $7.8 million is in cold hard cash, I would not count on it until it’s in your hands. Hypothetically speaking, a 2% draw on a $10 million portfolio is bulletproof. The equities markets are yielding nearly 2% and bond yields are increasing. I would not use bonds to pay for living expenses, ...
by Grt2bOutdoors
Wed Oct 03, 2018 6:10 am
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4328

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

I used to do Accounting for a local cemetery. My take: buy plots NOW. The prices aren't going down anytime soon. I remember having to go through old files that were from the 1930's to find someone's card, and they paid something like $ 25/plot. Depending on location and indoor/outdoor, those are pr...