Search found 17205 matches

by Grt2bOutdoors
Sat Jan 20, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 15
Views: 816

Re: New Brake Pads

New pads are 14-15mm, if your pads at 2-3mm, time to change them. New pads at rock auto are $20 for front, $20 for back - ceramics.
by Grt2bOutdoors
Sat Jan 20, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA
Replies: 21
Views: 986

Re: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA

You need to do some reading: Start here: If You Can - find it at etf.com, type If You Can + etf.com in your google search, download it and start reading. Then start reading the books he recommended. As for worse times in investing: September 1929 Anytime in 1930-1931 1973 August 1987 1990 1999 2007 ...
by Grt2bOutdoors
Sat Jan 20, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 92
Views: 4052

Re: Fear of dying with too much money?

Living in a high tax state eliminates any such fear of having too much.
by Grt2bOutdoors
Sat Jan 20, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Income in retirement questions
Replies: 10
Views: 813

Re: Income in retirement questions

I am nearing retirement and would like some advice. I am 61, my wife 60. No debts. Investing through Vanguard, how would be the best way to withdraw money from my account in retirement. Taking the dividends from my portfolio and my Social Security will leave me around $24,000 short per year. Any su...
by Grt2bOutdoors
Sat Jan 20, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 29
Views: 1468

Re: High Dividend Stocks as bond substitute?

mega317 wrote:
Fri Jan 19, 2018 5:12 pm
Grt2bOutdoors: I'm not arguing against holding a diversified basket of dividend paying equities. I'm arguing against
triyoda wrote:
Fri Jan 19, 2018 12:07 am
only 10-15% in bonds and substitute some selected high dividend stocks
Agree with you.
by Grt2bOutdoors
Sat Jan 20, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 82
Views: 5246

Re: Lost money through Bitconnect scam - learned my lesson

Thank you for all of the responses including those who shared their similar stories from the dot com era. I’m done with crypto. I had a very bad 15 day “affair” from my Boglehead lifestyle and it cost me $30k. I will make sure to turn this into a positive and never let this happen again. It could h...
by Grt2bOutdoors
Sat Jan 20, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I stop 529 Contributions
Replies: 14
Views: 1483

Re: Should I stop 529 Contributions

Go to vanguard website, select college planner, input child’s age today, how much you already have saved, either name of school you think child might attend or the average cost of school, you will see what it determines you should contribute per month or year. You are doing good savings wise, but I ...
by Grt2bOutdoors
Fri Jan 19, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 782

Re: Confused with what to do with money-Looking for guidance

You indicated gf does not have her act together financially, yet. You don't state her age, but to vest out with only a partial pension imo, assuming she also is employed by CONY is a huge mistake. Two reasons, first is to obtain maximum Social Security benefits you need to pay into system for 35 ye...
by Grt2bOutdoors
Fri Jan 19, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Did you change your IPS when you discovered you were going to have kids?
Replies: 8
Views: 824

Re: Did you change your IPS when you discovered you were going to have kids?

Included a line to fund X years of state flagship university costs by age 18. Based on child academic progression, and if funds are available, increase to cover X years of more selective schools.

Now that you are expecting, increase your life insurance coverage for both husband/wife.
by Grt2bOutdoors
Fri Jan 19, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

Reading everything you've said, I'd open: Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) Put it all (100%) in there. My rationale is that one fund will make it so much easier to manage, that's a great fund, it's moderately aggressive, and really cheap to hold. Hope this helps, Peter Comp...
by Grt2bOutdoors
Fri Jan 19, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

ridgeline73 wrote:
Fri Jan 19, 2018 2:08 pm
Is there are reason why I put it in my wife's name? Is there a reason I cannot open one in my name?
Sure you can put it in your name and that's fine if you want to keep inheritance money separate in case of anything down the road.
You should designate your spouse as beneficiary though.
by Grt2bOutdoors
Fri Jan 19, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 29
Views: 1468

Re: High Dividend Stocks as bond substitute?

Bank of American cut their dividend by about 99% over the course of 2 quarters in 2008-09, and is still less than 20% of what it was. The interest on BND stayed within about a 10% range during that time. If you're going to make a statement like that it helps if you include some additional informati...
by Grt2bOutdoors
Fri Jan 19, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 29
Views: 1468

Re: High Dividend Stocks as bond substitute?

4. For 2017, my drips with my computershare account returned 22.3% including a 3.8% yield (portfolio of Verizon, Phillip Morris, Altria, Abbot Labs and Abbvie). I had built this lineup based on being lower risk, higher yield. It helped that Abbot and Abbvie had a really good year, just lucky I gues...
by Grt2bOutdoors
Fri Jan 19, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

I doubt my tax is high enough.....I make $110k/year. Wife is probably $10-15k working part time. I don't mine going in once per year and re balancing if it is a fairly straight forward process and more advantageous scenario than a target fund. Is the inherited money in an IRA? I think you said it i...
by Grt2bOutdoors
Fri Jan 19, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?
Replies: 10
Views: 991

Re: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?

From the Oracle's mouth, although I am not sure how much cash they "need" for regulatory purposes of their businesses http://fortune.com/2017/08/07/warren-buffett-berkshire-hathaway-cash/ Berkshire is a holding company, it has operating companies that it owns and also makes investments. The OP shou...
by Grt2bOutdoors
Fri Jan 19, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 782

Re: Confused with what to do with money-Looking for guidance

You indicated gf does not have her act together financially, yet. You don't state her age, but to vest out with only a partial pension imo, assuming she also is employed by CONY is a huge mistake. Two reasons, first is to obtain maximum Social Security benefits you need to pay into system for 35 yea...
by Grt2bOutdoors
Fri Jan 19, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 29
Views: 1468

Re: High Dividend Stocks as bond substitute?

Equities are not bonds, nor are they a substitute.
by Grt2bOutdoors
Fri Jan 19, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?
Replies: 10
Views: 991

Re: How much cash/bonds does Buffett's Berkshire own in percentage of its total portfolio?

Goodwill is the value of intangible items such as brand name of product, company signage or logos. For example, the name Coca-Cola has a lot of cachet, is well known by signage (red wavy cursive) yet if you tried to sell it, what value is assigned to it? What is it worth? Goodwill is the premium pai...
by Grt2bOutdoors
Thu Jan 18, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance with portfolio review
Replies: 3
Views: 286

Re: Assistance with portfolio review

Consider reducing MegaCap to holding 17-18% instead of present 28%. Sell down the Midcap Admiral to 6% from 12%. That would get you 75% of the way there to the 50% equities you are looking to get to. You don't list what your gains are in each category, but by cutting those two funds down you will ge...
by Grt2bOutdoors
Thu Jan 18, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1208

Re: Increasing Small Cap Value Tilt

I wish VIOV had a mutual fund equivalent. Vanguard’s Small-Cap funds are a mid/small blend. What is wrong with the ETF vs mutual fund? They do have a small cap tax managed mutual fund, but its not a value fund. ^^They track different indices - VIOV uses S&P 600, VBR and mutual fund equivalent uses ...
by Grt2bOutdoors
Thu Jan 18, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for college
Replies: 3
Views: 260

Re: Saving for college

529 plan, if they are reasonably certain child is going on to higher education. Best chance of tax free growth of capital. California offers a state backed 529 plan (https://www.scholarshare.com/tools/risk/) <--I like their risk measurement tool that parents can use to get an idea of what level of r...
by Grt2bOutdoors
Thu Jan 18, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

I doubt my tax is high enough.....I make $110k/year. Wife is probably $10-15k working part time. I don't mine going in once per year and re balancing if it is a fairly straight forward process and more advantageous scenario than a target fund. Is the inherited money in an IRA? I think you said it i...
by Grt2bOutdoors
Thu Jan 18, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

What 3 funds and what percentages? Would like to be moderately aggressive. Thanks. Total stock market index - VTSAX: 40% Total international stock index - VTIAX: 20% Total bond market index - 40%, if in high tax bracket use Tax Exempt Intermediate term That is a 70/30 domestic international split, ...
by Grt2bOutdoors
Thu Jan 18, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Confused with what to do with money-Looking for guidance
Replies: 8
Views: 782

Re: Confused with what to do with money-Looking for guidance

Don't be so sure, could be PD. OP could have made the cut-off before they changed the pension plan tiering, they also have access to 457 plan. Don't be embarrassed about living at home. You are of sound mind, employed, not reckless with your life or finances - admirable qualities. Anyone talking abo...
by Grt2bOutdoors
Thu Jan 18, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Small Cap Value Tilt
Replies: 17
Views: 1208

Re: Increasing Small Cap Value Tilt

VIOV - tracks the S&P 600 index at Vanguard IJS - tracks the S&P 600 index - Ishares VBR - tracks CSRP index, market cap and p/b closer to midcap than pure small cap RZV - Guggenheim is supposed to have much lower p/b, smaller market cap than all 3 above, but more expensive cost. IJR is small cap in...
by Grt2bOutdoors
Thu Jan 18, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

With $120k, you'll have no problem building a portfolio using Vanguard Admiral Shares. Your portfolio will look something like this: 12% $ 14,400 VFIAX 500 Index 13% $ 15,600 VVIAX Value Index 12% $ 14,400 VTMSX Tax-Managed Small-Cap 13% $ 15,600 VSIAX Small-Cap Value Index 10% $ 12,000 VTMGX Devel...
by Grt2bOutdoors
Thu Jan 18, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 164
Views: 17647

Re: Max It Out Tomorrow [your IRA]

I plan to max mine out before the end of January. Put 1800 in it today, will put 850 next week, 2000 next week and 850 on January 26. Then roth conversion. I'll come back on January 26th with an update. Back with an update. I maxed it out today January 18th. :-) Great job! :sharebeer See you next y...
by Grt2bOutdoors
Thu Jan 18, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Sicily, Ireland, or Portugal?
Replies: 3
Views: 345

Re: Sicily, Ireland, or Portugal?

Have been to Sicily - Mount Etna, Taormina, Cefalu, Palermo, Messina. Mount Etna - you can either take a tour bus up there, followed by tram that takes you to a level where you can see the steam and red flowing lava. If you go, depending when you go you'll want to bring warm clothing - it's cold and...
by Grt2bOutdoors
Thu Jan 18, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: New Boglehead!
Replies: 6
Views: 535

Re: New Boglehead!

Thanks so much for that White Coat site. It looks like another great resource. Reading and learning are in process for sure! I am sure there will be more questions to come. Welcome! Of course it’s a good fit for you - did your agent disclose how big his commission I mean how he’s going to take a de...
by Grt2bOutdoors
Thu Jan 18, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

What 3 funds and what percentages? Would like to be moderately aggressive. Thanks. Total stock market index - VTSAX: 40% Total international stock index - VTIAX: 20% Total bond market index - 40%, if in high tax bracket use Tax Exempt Intermediate term That is a 70/30 domestic international split, ...
by Grt2bOutdoors
Thu Jan 18, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inherited investment account
Replies: 48
Views: 2530

Re: Help with inherited investment account

With $120k, you'll have no problem building a portfolio using Vanguard Admiral Shares. Your portfolio will look something like this: 12% $ 14,400 VFIAX 500 Index 13% $ 15,600 VVIAX Value Index 12% $ 14,400 VTMSX Tax-Managed Small-Cap 13% $ 15,600 VSIAX Small-Cap Value Index 10% $ 12,000 VTMGX Devel...
by Grt2bOutdoors
Thu Jan 18, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 42
Views: 2773

Re: Sell Home Depot?

keep it. It's a very good stock. Do drip overtime and you are going to be end big. sell it. It's a going to be very poor stock. You are going to end up losing. And there you have it, 99% of stock advice threads. I'll throw my 2 cents in. HD is a very volatile stock, very sensitive to the economy. S...
by Grt2bOutdoors
Thu Jan 18, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: 529, taxes and school tax
Replies: 5
Views: 342

Re: 529, taxes and school tax

No, I would not advise you do that. Here are the potential ramifications if you do - you get audited, the deduction is disallowed, not only do you pay the IRS penalties, but you have to pay penalties for early withdrawal from 529 plan for unqualified withdrawals.
by Grt2bOutdoors
Thu Jan 18, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6995

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I'm sure it’s mean for "busy" doctors who a) have hundred dollar bills dangling from their chins after eating at nice restaurants, b) don’t feel they have the time to learn by roaming either this site or whitecoatinvestor.com, and c) don’t value any advice unless they pay for it. If you have time t...
by Grt2bOutdoors
Thu Jan 18, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6995

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Here’s a tip on how to fire your financial advisor. Pick up the phone and call Vanguard- tell them you want to move all of your assets to them in-kind. After the assets have been moved, call the financial adviser or drop them an email - You’re FIRED! $399 sounds a bit over the top, but then again I...
by Grt2bOutdoors
Thu Jan 18, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6995

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Here’s a tip on how to fire your financial advisor. Pick up the phone and call Vanguard- tell them you want to move all of your assets to them in-kind. After the assets have been moved, call the financial adviser or drop them an email - You’re FIRED! $399 sounds a bit over the top, but then again I ...
by Grt2bOutdoors
Thu Jan 18, 2018 6:56 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 129
Views: 5798

Re: Short Commute or Nicer House?

Short commute. Yes, if you choose option b you will have an easy commute in the morning, but what is the commute like in the late afternoon or evening? I ask that because in the morning there are less people up and moving about, try that in the later hours of the day, your commute home may be longer.
by Grt2bOutdoors
Wed Jan 17, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 42
Views: 2773

Re: Sell Home Depot?

keep it. It's a very good stock. Do drip overtime and you are going to be end big. sell it. It's a going to be very poor stock. You are going to end up losing. And there you have it, 99% of stock advice threads. I'll throw my 2 cents in. HD is a very volatile stock, very sensitive to the economy. S...
by Grt2bOutdoors
Wed Jan 17, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington or Target Retirement 2025
Replies: 9
Views: 800

Re: Wellington or Target Retirement 2025

Have you seen one outperform the other? What is your objective? Have you researched the funds beyond annual returns? One is heavily allocated towards Large Value equity and intermediate corporate bonds, actively managed. The other is index based, managed only so far as glidepath unless the asset al...
by Grt2bOutdoors
Wed Jan 17, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4168

Re: Lost Job. Retirement/Portfolio Advice

[comment questioned OP removed by admin alex] With such detail provided what makes you question it isn't? The decumulation phase of retirement can be stressful for someone focused on accumulating it, couple that with an involuntary job leave can compound the anxiety. The OP has stated they have pre...
by Grt2bOutdoors
Wed Jan 17, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 10
Views: 810

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

It's well within reason to change your IPS. An IPS is a living document, it changes as the investors needs, ability and willingness change. As suggested, consider an upper range of no more than 70/30. If the market tanked by 50% tomorrow, your 85% equity allocation could be halved. Yes, yes, you wer...
by Grt2bOutdoors
Wed Jan 17, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: [How to reserve funds for final expenses]
Replies: 10
Views: 529

Re: [How to reserve funds for final expenses]

You can prepay funeral expenses at a funeral home. My mother did that. She and I met with the funeral director and reviewed all her options including quality of casket. They provided a written plan for her funeral as a result. The funeral home insured her funeral through an insurance company which ...
by Grt2bOutdoors
Wed Jan 17, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 14
Views: 1083

Re: Feeding the market

If you believe we have a retirement crisis, if you believe people don't save enough, how can 401k deposits affect the market? And just wait until the boomers start selling to pay for their retirements. If you read any of the surveys out there, the majority of folks are not saving enough or anything ...
by Grt2bOutdoors
Tue Jan 16, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Suggestion Needed!
Replies: 5
Views: 205

Re: Investment Suggestion Needed!

I will reiterate what was said earlier - do not chase performance. The fastest way to lose money is to chase hot money. Boring is good, leave your money as is - if it ain’t broke, don’t fix it.
by Grt2bOutdoors
Tue Jan 16, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: too complacent?
Replies: 10
Views: 1119

Re: too complacent?

Welcome to the forum! Complacent? No. We should be taking advice from you. :) What did you do in a past life to accumulate such large savings? A 65% allocation to equities implies a max drawdown of 32.5% if the equities markets correct by 50% (could, might it - no one knows). Even with that sort of ...
by Grt2bOutdoors
Mon Jan 15, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Family death, house for sale, under-valued.
Replies: 19
Views: 2395

Re: Family death, house for sale, under-valued.

I wouldn't invest with a silent partner. What would happen if he should die soon after and his heirs want their share of what he had owned? Go with a bank, instead, if you insist on doing this. Received a quote for $100k loan @ 5%. Brother in law works at a bank and says he could probably get me 3 ...
by Grt2bOutdoors
Mon Jan 15, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market
Replies: 4
Views: 514

Re: Timing the market

Timing the market is a loser's game.
Not enough information to provide a proper response. See link at my signature - fill in the blanks and post it up for forum members to see. Then you will get more replies.
by Grt2bOutdoors
Mon Jan 15, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein in 4 Pillars of Investing advises no Vanguard total international in taxable?
Replies: 2
Views: 482

Re: Bernstein in 4 Pillars of Investing advises no Vanguard total international in taxable?

I'mr reading through William Bernstein's excellent 4 Pillars of Investing, and was surprised to read that he advises not to hold Vanguard Total International fund (VTIAX) in a taxable account because "it is a fund of funds....as such it is not eligible for the foreign dividend tax exclusion", in ot...
by Grt2bOutdoors
Mon Jan 15, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1096

Re: Possible retirement?

It's tight, if the market turns south you may find your capital depleting much faster.
It could work if your requirements were $50K after tax. Any possibility of you working part-time?