Search found 16935 matches

by Grt2bOutdoors
Sun Dec 10, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Need advice
Replies: 11
Views: 389

Re: New Investor Need advice

Grt2bOutdoors Thanks. What target funds should I pick? The fund that is closest to your stated asset allocation of 80/20. Go to troweprices website and look at the asset allocation for each fund, then select the one you desire to hold. You only need to invest in 1 fund - not two and not four, just 1.
by Grt2bOutdoors
Sun Dec 10, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard economic and market outlook for 2018
Replies: 25
Views: 1738

Re: Vanguard's 2018 Outlook has extremely low expected returns

I predict there will be more predictions in the coming year, predictions that are based on crystal ball gazing and have little correlation to what actually occurs in the world.
by Grt2bOutdoors
Sun Dec 10, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Need advice
Replies: 11
Views: 389

Re: New Investor Need advice

Use the Target Retirement funds that most closely approximates desired asset allocation. The individual options lack a good mid small cap option nor do you have a good international option.
by Grt2bOutdoors
Sun Dec 10, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford? (First Home)
Replies: 17
Views: 793

Re: How much house can I afford? (First Home)

Rent! Use the money to reduce borrowing cost, at least you will benefit from lower debt burden and maximum flexibility in moving.
by Grt2bOutdoors
Sun Dec 10, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 804

Re: "The Modern Corporation and the Public Interest" by John C. Bogle

Taylor Larimore wrote:
Sun Dec 10, 2017 7:23 pm
Grt2bOutdoors wrote:
Sun Dec 10, 2017 7:09 pm
Did not read the speech, but what is a TIF?
Grt2bOutdoors:

Traditional Index Fund

Best wishes.
Taylor
Thanks Taylor, I should have guessed that. I do agree with Mr. Bogle, way too many folks are using ETFs to “play” the market instead of investing in the market. I mainly use TIFs.
by Grt2bOutdoors
Sun Dec 10, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford? (First Home)
Replies: 17
Views: 793

Re: How much house can I afford? (First Home)

OP, <<My current 2 bedroom apartment is renting for $2500/month >> It is cheaper to rent. So, why are you buying a house or condo? KlangFool $2500/month for 6 years is $180,000 and I figured if it was being put towards equity in a home it would be better spent? You buy a condo/house for $400k. You ...
by Grt2bOutdoors
Sun Dec 10, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC
Replies: 75
Views: 4175

Re: Quit jobs to gain lower EFC

Well, this has been an enlightening thread. I for one would rather keep working and earning money as opposed to being early retirement where the cash flow becomes constrained and you are left hoping that the rules of the “game” are not switched before halftime. Maximizing levers is the best way to p...
by Grt2bOutdoors
Sat Dec 09, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 34
Views: 1633

Re: If you use EE Bonds, what did drive your decision

A long period of low or falling interest rates is a possibility. EE bonds are a hedge against that possibility. I have others, such as treasuries, but they yield less. EEs are suitable for a portion of my fixed income, but because of the limits on liquidity they should almost never be one’s sole fi...
by Grt2bOutdoors
Sat Dec 09, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 34
Views: 1633

Re: If you use EE Bonds, what did drive your decision

I invested in Vanguard Total Bond Market Index Fund Admiral Shares in May 2016. The account is still showing a long term capital loss of $3,348.86. Sure, that's a loss, but I (for one) need context. How much did you invest in May 2016? $10,000 or $100,000? There's a big difference. Better yet, with...
by Grt2bOutdoors
Sat Dec 09, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6872

Re: Jack Bogle Is Worried About U.S. Pensions

This nation has overcome many a challenge since its founding in 1787. This will be no different, we will find a way.
by Grt2bOutdoors
Sat Dec 09, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 34
Views: 1633

Re: If you use EE Bonds, what did drive your decision

I've been buying them, my thought is to use it as part of a guaranteed nominal ladder to permit me to take Social Security at age 70. Assuming nothing is changed down the road, I'll move from a nominal ladder to an inflation adjusted one for the remainder of my stay. I would not advise anyone to tie...
by Grt2bOutdoors
Sat Dec 09, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Stop adding to 529 in favor of 401k because of GI Bill benefit
Replies: 3
Views: 311

Re: Stop adding to 529 in favor of 401k because of GI Bill benefit

If the GI Bill falls through for any reason, please do not borrow from your 401K plan! Understandingly, as a parent you want to help your child the best you can, borrowing from your retirement plan is not advisable, there are scholarships, merit aid, financial aid for college, there are no such vehi...
by Grt2bOutdoors
Sat Dec 09, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 49
Views: 2397

Re: Do you have any guilty pleasure investments?

I own individual equities(s). Enough of them, that I keep the postman busy come annual report time. :wink:
by Grt2bOutdoors
Sat Dec 09, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2749

Re: Why Are So Many Companies Announcing Share Buyback?

The rank and file of those companies are subsidizing the buybacks in the form of weak wages while management enriched themselves at the table. Eventually continued disinvestment of workforce will lead to lower returns for shareholders.
by Grt2bOutdoors
Fri Dec 08, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 79
Views: 2932

Re: Please suggest a dry hands product

At night, liberally putting tons of Vaseline or aquaphor onto the hands, then put on socks onto the hands and leave it on till morning (so not to stain the sheets). I do this when my hands feel super dry and it helps a lot +1, Aquaphor/Eucerin or the generic equivalent. I use the stuff habitually, ...
by Grt2bOutdoors
Fri Dec 08, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: help me predict investment return of my kid's IRA
Replies: 11
Views: 440

Re: help me predict investment return of my kid's IRA

Use 7-8% nominal 4-5% real annual average returns. Show them the power of compounding as Livesoft suggested, initial contribution of X, subsequent annual contributions made at the beginning of the year of Y, ending value of Z. Show them as you add larger sums to the account, the value increases trem...
by Grt2bOutdoors
Fri Dec 08, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1025

Re: National Pearl Harbor Remembrance Day

Bogleheads: Today is the 76th anniversary when the Japanese made a surprise attack on Hawaii which killed 2,403 U.S. Citizens and badly damaged our Pacific Fleet. The attack sank four U.S. battleships and damaged four others (fortunately our aircraft carriers were at sea), President Franklin D. Roo...
by Grt2bOutdoors
Fri Dec 08, 2017 7:37 am
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7053

Re: At what age your investments start making more money than you?

Gross is the wrong bar to set, I am more interested in seeing gains of Xtimes retirement expenses. That plus contributions accelerates the time you need to work before you can voluntarily retire. Example, you need 500k to retire, your portfolio earns gains of $25k and you save $10k. You might only n...
by Grt2bOutdoors
Thu Dec 07, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 48
Views: 4269

Re: CPA: The best profession if you want to make the most money + keep the most money?

Thank you guys for all of the responses so far. Each one is very helpful. :happy Do something because you love it, you will never work a day in your life. Do it because you are chasing money and soon you’ll find it is you who is the slave and money is your master. If you do become a dr. Let us know...
by Grt2bOutdoors
Thu Dec 07, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2345

Re: 112K pension- need help w/the rest

The more I think about the pension the more worried I get. Banking on the government is too risky. Perhaps I will allocate more to a bond index in addition to the FFNOX. Slower growth I suppose is to be expected. Federal government pension? - no worries. State of Illinois - are you the praying type...
by Grt2bOutdoors
Thu Dec 07, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3728

Re: How do you know you are FI? [Financially Independent]

thegr881 wrote:
Wed Dec 06, 2017 3:03 pm
I am just 40. What I am trying to figure out right now is.. am I FI and if not when will I be FI? I am looking for a list of things that you need to check mark to declare (to yourself) you FI status.
You don't go into a store and either look at price tags or ask "how much does this cost"?
by Grt2bOutdoors
Thu Dec 07, 2017 7:13 am
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4739

Re: I received a speeding ticket via mail from IA - should I pay it?

Are you seriously asking this question? If you can sign your name to legal documents, hold a drivers license and vote, then the answer ought to be obvious. But let’s think about this further - you get a ticket in the mail with no picture or the picture is of another car, not yours, then I would writ...
by Grt2bOutdoors
Wed Dec 06, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2345

Re: 112K pension- need help w/the rest

Yes I am 50. Yes I have 210k in an IRA (late start). I earn an additional 65k in a new career and my new wife earns 350k and has her own pension plus IRA. I am not sure what my expenses will be in 20 years so I am not sure how to answer that question. Currently we spend about 170k per year. HCOL ar...
by Grt2bOutdoors
Wed Dec 06, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1917

Re: Corporate & Treasury Bonds: Where's the risk?

Nisiprius had a nice post in a recent thread https://www.bogleheads.org/forum/viewtopic.php?t=232550#p3623791 and showed that even a bond "massacre" barely registers in terms of actual losses. (I hope I understood his point.) So yes there's risk but I think the answer to "how bad can it get" is "no...
by Grt2bOutdoors
Wed Dec 06, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2345

Re: 112K pension- need help w/the rest

Is the payer of the pension financially secure? The IRA, put it all in a fund like Lifestrategy Moderate or Lifestrategy Growth or Target Retirement 2035 and leave it alone.
by Grt2bOutdoors
Wed Dec 06, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1917

Re: Corporate & Treasury Bonds: Where's the risk?

Nisiprius had a nice post in a recent thread https://www.bogleheads.org/forum/viewtopic.php?t=232550#p3623791 and showed that even a bond "massacre" barely registers in terms of actual losses. (I hope I understood his point.) So yes there's risk but I think the answer to "how bad can it get" is "no...
by Grt2bOutdoors
Wed Dec 06, 2017 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Mortgage Payoff Question in HCOL area
Replies: 12
Views: 1368

Re: Mortgage Payoff Question in HCOL area

What does your disposable income after expenses look like? If you are going to tie up all your liquidity in house, then no.
by Grt2bOutdoors
Tue Dec 05, 2017 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Need help choosing bond funds in my wife's 401k
Replies: 6
Views: 402

Re: Need help choosing bond funds in my wife's 401k

I'd choose the Pimco Total Return fund - put all of the contribution into it, don't split it up. You don't need 3 bond funds, you only need 1. The gross er is the usual expense ratio charged, the net expense ratio is the usual charge less a fee waiver, leading to an overall net expense ratio that is...
by Grt2bOutdoors
Tue Dec 05, 2017 10:21 pm
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1917

Re: Corporate & Treasury Bonds: Where's the risk?

So the point basically is that the duration of the aggregate US bond market is historically high, so the downside risk to the overall bond market due to a relatively large increase in yields is historically high. I wouldn't characterize this as an "existential risk", and the M* article did not use ...
by Grt2bOutdoors
Tue Dec 05, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1917

Re: Corporate & Treasury Bonds: Where's the risk?

"The risks from a big stock or bond market drop ‘are high and rising,’ government watchdog says" https://www.marketwatch.com/story/the-risks-from-a-big-stock-or-bond-market-drop-are-high-and-rising-government-watchdog-says-2017-12- I don't understand the risk aspects of corporate bonds and treasury...
by Grt2bOutdoors
Tue Dec 05, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: How is Home Equity Line of Credit Payoff Number Calculated?
Replies: 4
Views: 273

Re: How is Home Equity Line of Credit Payoff Number Calculated?

Call them back up - tell them you want a payoff quote as of such and such date. Unless you plan on bringing the check in person or overnighting it to them you should add a buffer of a couple of days, but two weeks is ridiculous.
by Grt2bOutdoors
Tue Dec 05, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5615

Re: Mortgage is About To Be Paid - I'm Scared!

People forget...you never actually own your home...and yes...you will always have some sort of debt/payment to be made on a house...its called property tax. Dont believe me...just stop paying it and see how many years you get to keep your house. One of the greatest scams in the history of mankind. ...
by Grt2bOutdoors
Mon Dec 04, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help Damsel In Distress
Replies: 15
Views: 2467

Re: Help Damsel In Distress

What is the prospective price of house you are thinking of buying? Will you purchase it outright or take a mortgage? If you take a mortgage, will it be a 15 year or will it be longer? Do you think $1k per month is sufficient to pay for upkeep and taxes?
by Grt2bOutdoors
Mon Dec 04, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5615

Re: Mortgage is About To Be Paid - I'm Scared!

When you pay off your mortgage, redirect the old payment amount to a taxable account that is equity heavy. Then, you can worry about the value declining every day because .... fill in the blank. Worries never really go away, they just change from one thing to the next.
by Grt2bOutdoors
Mon Dec 04, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 297
Views: 46121

Re: Retreat to cash

I have been seriously considering getting out of the equity and bond markets and retreating to cash during the next year. ) I love, Love, LOVE to read statements like that. That's a signal to me that the markets will be going up very nicely. Thank you! There haven't been many statements like that i...
by Grt2bOutdoors
Mon Dec 04, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Family Finance Meeting Agenda
Replies: 23
Views: 2239

Re: Family Finance Meeting Agenda

Meetings go like this:
Me: I balanced the checkbook, paid the bills, sent x to Vanguard this month.
Mrs: That’s nice.

Meeting adjourned.
by Grt2bOutdoors
Sun Dec 03, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: When/how to pare back cash gifts to young relatives as they get older
Replies: 19
Views: 1654

Re: When/how to pare back cash gifts to young relatives as they get older

Everyone is different. Do what you feel like doing, what a world we would live in if we depended on group think to make decisions. If you have the means and want to give a gift, great. If you don’t it might be a good idea to telegraph in advance your plans, lest feelings be bruised. Bad time to do i...
by Grt2bOutdoors
Sun Dec 03, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6522

Re: How to convince DW that high miles used car is OK

Sorry, I have to agree with your wife. It is stretching it quite a bit when buying an older car means one with 150k miles. As others have said, you will likely be pouring money into car and chances of a major component going bad goes up. Unless you are the original owner who has kept track of mainte...
by Grt2bOutdoors
Sat Dec 02, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup after Unexpected Windfall (Inherited IRA Questions)
Replies: 2
Views: 403

Re: Portfolio Checkup after Unexpected Windfall (Inherited IRA Questions)

Would not ditch life insurance - most of inheritance is in form of tax deferred IRA. To obtain maximum benefit, wife should take required minimum distributions over her lifetime. RMD’s at age 35 are not that high. Purpose of life insurance is to protect against risks you are unable to fund in near a...
by Grt2bOutdoors
Sat Dec 02, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1495

Re: Help me Help mom

I've been thinking about this a bit more. Do you know how much she currently receives in bonds and dividends and interest? Tax forms should tell the story. I think I would make it as easy for yourself as possible. Connvert the IRA's to Roth over the next 3-5 years so no taxes are due as mother ages...
by Grt2bOutdoors
Sat Dec 02, 2017 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do? [Which Vanguard fund?]
Replies: 13
Views: 1413

Re: What would you do? [Which Vanguard fund?]

First post! Im 38 and my wife 35. Hold some real estate and have IRA's (Roth and Traditional). Obviously for the benefits of the ROTH I want to hold my most risky investments within, Im holding some less risky investments elsewhere. Im currently fully ivested in Vanguard LifeStrategy Growth Fund (V...
by Grt2bOutdoors
Sat Dec 02, 2017 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Cash
Replies: 14
Views: 1034

Re: 401k Cash

Thanks for the information. It appears that what my gut(and common sense) has been telling me is correct. He has not made any active changes in 3 months, other than distributing my monthly contributions into the existing funds. Cash yields 1%. Cash represents 42% of portfolio. Let's say the remaini...
by Grt2bOutdoors
Sat Dec 02, 2017 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1495

Re: Help me Help mom

My recommendation is to do the following: ascertain what your mother needs to live on annually. After that, calculate what her RMD's are from both inherited IRA from mother and more recently, your grandfather (my condolences on you and your mother's loss). That combined with known earnings/pension ...
by Grt2bOutdoors
Sat Dec 02, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Any Advantage to Purchasing Funds in Round Lots?
Replies: 9
Views: 508

Re: Any Advantage to Purchasing Funds in Round Lots?

Every so often I see someone post how they always purchase shares in multiples of 100's (which I believe are called "round lots"). What are the reasons for doing this? Some possibilities I can think of are: 1. Easier record keeping and/or cost-basis tracking? All financial service companies are req...
by Grt2bOutdoors
Sat Dec 02, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1495

Re: Help me Help mom

My recommendation is to do the following: ascertain what your mother needs to live on annually. After that, calculate what her RMD's are from both inherited IRA from mother and more recently, your grandfather (my condolences on you and your mother's loss). That combined with known earnings/pension i...
by Grt2bOutdoors
Sat Dec 02, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 158
Views: 21634

Re: Best Financial Moves You've Made

1. Ignored the call "to just use the credit card" when low on cash. 2. Started saving for retirement at age 20, when most of my peers were busy making plans for their next vacation. 3. Started buying stock in a taxable account, even though it was individual stock, those small amounts sure do add up ...
by Grt2bOutdoors
Sat Dec 02, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 31
Views: 2748

Re: Should I sell some of my Berkshire stock

You didn't give your reasons for selling? Is it just because it's one large position? The main risk facing Berkshire is obviously Buffett departing which is on the near horizon since he's 87. The question is what will happen to the company at that point. Buffett and the board have been pretty clear...
by Grt2bOutdoors
Sat Dec 02, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1495

Re: Help me Help mom

My mother is 64, divorced, retired.... Tax Rate: IDK, she gets a pension of $250 dollars a month until eligible for Medicare next year. After that her pension should be around $800/month. She will claim SS at 67 or 70. State of Residence: OK She/I have cost basis info already available at Fidelity....