Search found 19013 matches

by Grt2bOutdoors
Wed Nov 21, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: 6 month waiting period for 401k?
Replies: 5
Views: 500

Re: 6 month waiting period for 401k?

Put it in your savings account, in the 2nd half of year, put in double contributions per paycheck, take living expenses from your first half year “savings”. Done. There is no “pain” so long as you don’t spend your “seed corn” in the first half of year.
by Grt2bOutdoors
Wed Nov 21, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Happy Holidays from the Sequoia Fund
Replies: 3
Views: 361

Re: Happy Holidays from the Sequoia Fund

Oops. There are some Vanguard actively managed funds with large capital gains estimates. And...this is why I hold index funds in taxable, less likelihood of a large present.
by Grt2bOutdoors
Wed Nov 21, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 69
Views: 7369

Re: Can someone explain what's going on [with the stock market]?

More sellers than buyers. Prices are falling until enough buyers step in to stop the fall. is this meant to be a joke? we all know there have to be an equal number of sellers to buyers. Do you mean to say, the people selling are lowering their asking price until buyers offer the same? No joke - the...
by Grt2bOutdoors
Wed Nov 21, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: What to do when you have Less than 100K ? say just 50k
Replies: 14
Views: 896

Re: What to do when you have Less than 100K ? say just 50k

Slow and steady will win the race. Placing $50k on a single stock is no different than going to Vegas to shoot craps. A portfolio could be 100% equity but it will be diversified amongst many different companies, buying one stock with all your assets? Madness, sheer madness.
by Grt2bOutdoors
Tue Nov 20, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: technology index funds
Replies: 9
Views: 722

Re: technology index funds

What is your opinion on the technology index funds? I have 43% of my portfolio in nasdaq and technology. I am 62 years old. You are in a very dangerous position. Those of us who were tech millionaires in 2000 can tell you that. My employers stock dropped 90 per cent. I would sell and reinvest in a ...
by Grt2bOutdoors
Tue Nov 20, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: Regulators are investigating whether Bitcoin was propped up illegally
Replies: 30
Views: 1838

Re: Regulators are investigating whether Bitcoin was propped up illegally

Scrapr wrote:
Tue Nov 20, 2018 2:40 pm
Ricky...I'm shocked to find gambling at the Green Parrot
Captain Renault: Gambling? Shocked! Shocked to find gambling going on here.....
by Grt2bOutdoors
Tue Nov 20, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Regulators are investigating whether Bitcoin was propped up illegally
Replies: 30
Views: 1838

Re: Regulators are investigating whether Bitcoin was propped up illegally

No! Say it ain’t so, Joe!! Propped up or was it artificially pumped before the dumping that followed? :twisted:
by Grt2bOutdoors
Tue Nov 20, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Full page ad in WSJ - https://indexingonsteroids.com/
Replies: 8
Views: 1407

Re: Full page ad in WSJ - https://indexingonsteroids.com/

So 100% small value, smart beta us stocks. Hard pass for me. I don’t understand paying for the ad when the book is not out yet. I saw the ad, haven’t had time to backtest it on portfoliovisualizer yet. His ad didn’t disclose who paid for the ad, what/if any affiliation he may have with anyone in th...
by Grt2bOutdoors
Tue Nov 20, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 69
Views: 7369

Re: Can someone explain what's going on..........

The market is still up for the year. That’s right - both the S&P 500 and Total Stock Indexes are still in positive territory for the year. It’s just off it’s all time high so it feels like something is wrong. Try to take a much broader perspective on all of this. Short term market fluctuations alwa...
by Grt2bOutdoors
Tue Nov 20, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 69
Views: 7369

Re: Can someone explain what's going on [with the stock market]?

2008 was a bad year for stocks and worse for the economy as a whole. As far as stocks are concerned, after the recent sell off we are still over 1000 S&P points above the peak before the 2008 selloff; and no, I can't explain why the stock market is doing so well! The economy angle is an interesting...
by Grt2bOutdoors
Tue Nov 20, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 69
Views: 7369

Re: Can someone explain what's going on..........

The market is still up for the year. That’s right - both the S&P 500 and Total Stock Indexes are still in positive territory for the year. It’s just off it’s all time high so it feels like something is wrong. Try to take a much broader perspective on all of this. Short term market fluctuations alwa...
by Grt2bOutdoors
Tue Nov 20, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 69
Views: 7369

Re: Can someone explain what's going on [with the stock market]?

More sellers than buyers. Prices are falling until enough buyers step in to stop the fall.
by Grt2bOutdoors
Tue Nov 20, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bear Check-Up
Replies: 14
Views: 1725

Re: Bear Check-Up

Pay off your debt. Boost your e-fund (secure job or not), 1 month is not enough.
You'll have plenty of time to experience bear markets, focus on the immediate tasks at hand - efund, debt payoff.
by Grt2bOutdoors
Mon Nov 19, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Let's Talk About Annuities
Replies: 11
Views: 1244

Re: Let's Talk About Annuities

Variable annuities takes your growth in capital and lets you pay ordinary income tax rates. Why would you want to pay more in expenses upfront and then pay higher ordinary tax rates upon withdrawal? If you need an annuity, consider a Single Premium Immediate Annuity only. The best time to buy one is...
by Grt2bOutdoors
Mon Nov 19, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: High premiums on life insurance from financial advisor?
Replies: 13
Views: 889

Re: High premiums on life insurance from financial advisor?

I'm currently involved with a financial advisor who is paid on commission via some long-term disability and life insurances plans I have through Guardian. In my ignorance, I did not think until recently to ask my financial advisor how he was paid :oops: after the initial lump sum we paid him to get...
by Grt2bOutdoors
Sun Nov 18, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: 23 Fund Managed Portfolio: Is this normal?
Replies: 13
Views: 809

Re: 23 Fund Managed Portfolio: Is this normal?

No! And Yes! Yes for the advisor to create such a smorgasbord of investments as to confuse the investor and to make it seem they are actually earning the outrageous fees they charge. I would advise sister to get out NOW! Before she winds up handing half her retirement “future” earnings to the advise...
by Grt2bOutdoors
Sun Nov 18, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Veterans business bonds 5%
Replies: 4
Views: 316

Re: Veterans business bonds 5%

Did you download the prospectus and carefully read about the risks? It’s not insured, you can lose money. You are providing funding and relying on Streetshares to correctly underwrite the investment. If you are being paid 5%, how much is StreetShares making?
by Grt2bOutdoors
Sat Nov 17, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Why do people think CD rates will keep going up?
Replies: 66
Views: 7397

Re: Why do people think CD rates will keep going up?

If so, how high will they go? With stocks, people say don't time the market but with CDs most are saying to stick with 1 year at 2.8% vs 5 years at 4%. Isn't this timing the market and why not take the sure thing 4%? https://www.connexuscu.org/accounts/share-certificates/ I'm thinking of putting 50...
by Grt2bOutdoors
Sat Nov 17, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 68
Views: 4578

Re: Cremation seminar – with complimentary lunch

khh wrote:
Sat Nov 17, 2018 1:49 pm
white_water wrote:
Fri Nov 16, 2018 2:58 pm
Basic cremation runs $700-$1200 locally.

My final instructions includes using the cheapest plan, paid with spouses credit card, might as well get that 2 cash back on travel!
Good way to urn reward points.
For those dying to earn them.
by Grt2bOutdoors
Sat Nov 17, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Interview with Fidelity's Abigail Johnson
Replies: 25
Views: 2895

Re: Interview with Fidelity's Abigail Johnson

SlowMovingInvestor wrote:
Sat Nov 17, 2018 6:07 pm
This week's Barrons has an interview with Abby Johnson and another Fido exec. Nothing really new, but generally interesting:

https://www.bloomberg.com/news/features ... ndex-funds
That’s Bloomberg, not Barrons.
by Grt2bOutdoors
Sat Nov 17, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: 37 year old requests assistance with questions at end.
Replies: 8
Views: 1323

Re: 37 year old requests assistance with questions at end.

Sure, you can leave the old 401k plan where it is, why pay more if you don’t have too? If you move your legacy 401k plan to a traditional rollover IRA, it may affect ability to contribute to a Roth if you are using the Backdoor option today. Are you doing a backdoor Roth today?, and if not today you...
by Grt2bOutdoors
Sat Nov 17, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Comment from Bogleheads book about future market gains
Replies: 10
Views: 1274

Re: Comment from Bogleheads book about future market gains

Everyone’s crystal ball is cloudy including my own. A well thought out plan includes a backup plan in case things don’t turn out the way you want it to be. You can control your rate of savings, expenses you pay and level of risk you take. You can not control the market rate of return for any asset c...
by Grt2bOutdoors
Sat Nov 17, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3304

Re: If the market is this high, does it make sense to invest a large sum of money?

Lump sum every dollar you invest. Why did you have $30K presumably in cash in your Roth? Sounds like you missed on a 6+ years of great returns. Let's not pour salt in this wound. I agree, let’s not. The best way you learn though is to be open and honest about your short investing history and then u...
by Grt2bOutdoors
Sat Nov 17, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3304

Re: If the market is this high, does it make sense to invest a large sum of money?

Hi, I'm 31 and I have about $30,000 that I want to invest in my Roth IRA. I already have my options selected, but my questions is does it make sense to invest all $30,000 now while the market is high? Should I reserve some of this money for when the market is better valued? October 19, 1987 - Dow J...
by Grt2bOutdoors
Sat Nov 17, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest now
Replies: 9
Views: 849

Re: Should I invest now

I want to get rid of my current fee based advisors and invest my retirement savings in Vanguard funds. Is now a good time to do that given where markets are at? I am about 2 years away from retirement, so would keep some money back in cash in case of an immediate market drop You can not successfull...
by Grt2bOutdoors
Sat Nov 17, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 34
Views: 1753

Re: Water-Sewer line insurance

I have heard of this insurance and I would not buy it. That said in our prior home we had a pipe break outside. The plumber chopped out the cement and replaced the section of pipe for about $1,000. The plumber told me this was a rare event. My folks were offered the insurance by the local water uti...
by Grt2bOutdoors
Sat Nov 17, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 34
Views: 1753

Re: Water-Sewer line insurance

I've never heard of this and want to follow. I've got a 60+ year old cast iron pipe for half of my house we've been nursing for a while. I'm just curious what the company's history is of paying claims. That seems like a bad deal for them Well, I’ve paid this premium for the last 5 years, with no cl...
by Grt2bOutdoors
Sat Nov 17, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Water-Sewer line insurance
Replies: 34
Views: 1753

Re: Water-Sewer line insurance

I have a policy with the same company. They will live up to their end of the bargain if you have a claim. My in-laws hold the same policy, they made a claim on a leaking water main going into the home, plumbers showed up, found the pipe was leaking, got authorization to begin work, replaced the pipe...
by Grt2bOutdoors
Fri Nov 16, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Update Re: Hubby soon to be laid off
Replies: 26
Views: 4759

Re: Update Re: Hubby soon to be laid off

That’s great news! :sharebeer
by Grt2bOutdoors
Fri Nov 16, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Decide Future Investments
Replies: 15
Views: 1215

Re: TRYING TO DECIDE FUTUTRE INVESTMENTS

1. How do you feel about the salesman earning a 6-8 percent upfront commission on your $450k “investment”? 2. If the market goes up by 15% over the next 7 years, how do you feel about you and your wife being locked in at “5”%? 3. You can buy a AAA rated United States Treasury note today and earn 2.9...
by Grt2bOutdoors
Fri Nov 16, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10563

Re: How Long / Hard To Become a Millionaire on Under $100k Income

To me that is what you need to do, make good financial decisions today, and tomorrow will take care of itself. I am wondering how hard it is to become a millionaire on an income of less than $100k? Yes this is very possible especially if one begins saving early. Man people smoke a pack of cigarette...
by Grt2bOutdoors
Fri Nov 16, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10563

Re: How Long / Hard To Become a Millionaire on Under $100k Income

It's possible if you're young enough, save aggressively enough, and invest aggressively enough. If you can save $20,000 per year (inflation adjusted) and invest it aggressively enough to get a 4% real return, you'll have $1,976,531 (inflation adjusted) in forty years. Even at 3%, you'll have $1,553...
by Grt2bOutdoors
Thu Nov 15, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Did millennials really get the short straw?
Replies: 16
Views: 2112

Re: Did millennials really get the short straw?

Erosion of social safety net. High cost of healthcare. High cost of education. Automation and offshoring of employment opportunities. High cost of housing. Yep, millennials have been disproportionately been subjected to each of those at some point in their lives. But so has Gen X and Y to some exten...
by Grt2bOutdoors
Thu Nov 15, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 3276

Re: which snow blower ?

I like my Ariens (recently upgraded from a 2003 Ariens). Go to their website and search for a supplier near you. I would encourage you to buy from a “mower shop” so you can have it serviced as needed. Not too difficult to self-service, watch some you tube videos. Key is to make sure at end of seaso...
by Grt2bOutdoors
Thu Nov 15, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 3276

Re: which snow blower ?

Hi, We live in the suburb of a major East Coast city in the US. Here, there are three to four major storms with snow from 7 to 15 inches per winter. Light snow falls with less than 5 inches are more often in the winter. I have a driveway that is about 120 foot. I am looking for a snow blower. I nev...
by Grt2bOutdoors
Thu Nov 15, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Off- How Does This Look?
Replies: 6
Views: 652

Re: Starting Off- How Does This Look?

Sure, you can invest 100% equity - your first test of risk tolerance will be when you see a 250k or 500k retirement plan become half that amount. If you can stay the course and remain 100% equity during a downturn that could last 2-3 years then you’ve selected the right allocation. The only hiccup c...
by Grt2bOutdoors
Thu Nov 15, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning
Replies: 10
Views: 809

Re: Retirement Planning

tundratoy wrote:
Thu Nov 15, 2018 7:44 pm
Yes, the 600K is our combined 401ks and IRAs.
How are those currently allocated and in what funds are they invested in?
by Grt2bOutdoors
Thu Nov 15, 2018 4:50 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4300

Re: Does Early Retirement Make You Live Longer?

dm200 wrote:
Wed Nov 14, 2018 3:13 pm
Probably anecdotal - but I have seen claims that earlier retirement shortens lifespan.

Guys retire - and sit on a recliner watching TV and drinking a lot of beer and junk food.
That^^ + lack of mental stimulation.
by Grt2bOutdoors
Wed Nov 14, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 97
Views: 5156

Re: fuel for snowblower

Ethanol shield - find it in Home Depot. Stuff works great.
by Grt2bOutdoors
Wed Nov 14, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 2976

Re: Portfolio decisions as we approach retirement

You’re not going to find it - 7% avg returns with no more than 25% historical drawdown. 2008 threw that out the window for just about any fund holding 60%+ in equities and you’ll need equities to generate anything close to that level of returns. Play with portfoliovisualizer.com, plug in the various...
by Grt2bOutdoors
Wed Nov 14, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6900

Re: Are you all staying the course?

Steady as she goes, the value ebbs and flows much like the waves at the beach. Looking like this will be a flat to slightly up year. Can’t wait to see who wins this years S&P 500 prediction.

Did buy some international today.
by Grt2bOutdoors
Wed Nov 14, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Teaching young folks how to save for retirement
Replies: 27
Views: 1895

Re: Teaching young folks how to save for retirement

When farmers harvest a crop, they always keep some “seed” corn on the side in case of a future poor harvest. The sun does not always shine, when hard times appear, having resources on the side buffers you from the fallout. When learning about American and World History, there were plenty of examples...
by Grt2bOutdoors
Wed Nov 14, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 39
Views: 2134

Re: Home addition vs. Buying New

No personal experience, but from folks I know who have undertaken such major additions/renovations often encounter large added costs above the original estimates. On the other hand, neighbors on our street successfully doubled the size of their house. +1. Take the contractor estimate and add a 25-3...
by Grt2bOutdoors
Tue Nov 13, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 60
Views: 12566

Re: Murphy's Law Of Retirement

Also, if you stick to a SWR (safe withdrawal rate) or use a variable percentage withdrawal strategy, you should be fine over the long term. Both are discussed at length at bogleheads. Do a search and see. The entire concept of safe withdrawal rates is build around historical sequence of returns ris...
by Grt2bOutdoors
Tue Nov 13, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1131

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

15 percent of gross pay for each. Do it now and thank yourselves in 20 years. When I could not afford to contribute the maximum permitted by IRS, I contributed 15%. That plus any match will set them on a sustainable path to be able to retire. A pension offered by state government paying 60% of final...
by Grt2bOutdoors
Tue Nov 13, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4922

Re: Is maxing out Tax defered 401(k) enough?

HELOCs should not be thought of as an emergency backstop. Ten years ago, when the stuff hit the fan, the banks saw declines in the underlying value of real estate collateral backing the HELOCs and in lockstep either cut the borrowing limits or eliminated them altogether. If you rely on something to ...
by Grt2bOutdoors
Tue Nov 13, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 25
Views: 6038

Re: The Disaster That Is General Electric Company Stock

This could be a buy opportunity. Much like buying in 09 and selling in 16, you could have doubled your investment while collecting dividends the whole time. While the reduction in dividend is quite a blow, it was probably a smart move. There is also talk of GE breaking up into smaller companies wit...
by Grt2bOutdoors
Tue Nov 13, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 18
Views: 3247

Re: Won a lawsuit after a wrongful death in the family. How to invest?

If you were in your mid-20s, with no family or mentors to speak of, what would you due with the funds? This truly breaks my heart about your situation. First I would tell no one about the money, luckily you can remain anonymous here. Secondly I would attempt to become "adopted" by a family whose va...