Search found 17226 matches

by Grt2bOutdoors
Mon Jan 22, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 29
Views: 2037

Re: Am I being greedy?

You need a plan. Luck is not a plan. What is plan b if dumb luck does not strike twice?
by Grt2bOutdoors
Mon Jan 22, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just Getting Started
Replies: 4
Views: 153

Re: Just Getting Started

How old are you? What is your risk tolerance?
by Grt2bOutdoors
Mon Jan 22, 2018 6:56 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 28
Views: 1320

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

The short of it - it requires time. Time can be in short supply when there are too many of the day to day tasks at hand. When I respond I like to write thoughtfully and provide the right calculations, it can get complicated when dealing with multiple accounts.
by Grt2bOutdoors
Mon Jan 22, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for first job with benefits at 28
Replies: 6
Views: 324

Re: Advice for first job with benefits at 28

Hello and welcome to the forum. First, relax, the most important step has been made by you - you actually opened up a retirement account (Roth) and funded it! Congratulations! If you have the funds available and you worked in a capacity that earned money, then yes I would fund the Roth for 2017. Nex...
by Grt2bOutdoors
Mon Jan 22, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation
Replies: 5
Views: 399

Re: Portfolio Evaluation

Switch out of VOE and buy VBR (CRSP small value) or VIOV (S&P 600). Dump the Utilities ETF and purchase the international fund instead. Recommend you hold at least 30% in an all world ex us fund. Guessing that the advantage of VBR over VOE is less overlap with SCHB? SCHB is more heavily weighted to...
by Grt2bOutdoors
Mon Jan 22, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 29
Views: 2037

Re: Am I being greedy?

minimalistmarc wrote:
Mon Jan 22, 2018 4:39 pm
thangngo wrote:
Mon Jan 22, 2018 4:37 pm
If you can stomach a 50-80% drop in value, you're not too greedy. Remember that you're the worst enemy when it comes to wealth management.
80% that's nothing, I can stomach a 99.99% drop!
And the last time you did was when and what proportion of your assets declined by 99.9% in value?
by Grt2bOutdoors
Mon Jan 22, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation
Replies: 5
Views: 399

Re: Portfolio Evaluation

Switch out of VOE and buy VBR (CRSP small value) or VIOV (S&P 600).
Dump the Utilities ETF and purchase the international fund instead. Recommend you hold at least 30% in an all world ex us fund.
by Grt2bOutdoors
Mon Jan 22, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Utah Educational Savings Plan changing its name to my529
Replies: 1
Views: 121

Re: Utah Educational Savings Plan changing its name to my529

Thanks for heads up, I just got the same notification.
by Grt2bOutdoors
Mon Jan 22, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 73
Views: 4230

Re: Discussing a 529 with your kids

To OP, I have twin juniors in high school who are both great students in all their courses. One seems to be heading towards a science track; the other seems to have ruled out engineering or Math and is headed towards a business track. College financing was a challenge for my family and my Dad made ...
by Grt2bOutdoors
Mon Jan 22, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Couple questions for taxable account
Replies: 14
Views: 1061

Re: Couple questions for taxable account

lepa71 wrote:
Mon Jan 22, 2018 10:37 am
I have one more question. Does rebalancing within taxable account trigger capital gains?
It can, do you have capital gains on the shares you wish or are contemplating you will sell?
by Grt2bOutdoors
Mon Jan 22, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 18
Views: 2099

Re: "The Pain of Discipline or the Pain of Regret?"

2008 was a financial panic, but not an unprecedented one, and putting things in perspective a little bit made things pretty easy to deal with. Better man then me. I found it extremely stressful, but since I was young (still think I am) I knew it didn't matter in the long run. I would say those that...
by Grt2bOutdoors
Sun Jan 21, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 64
Views: 4069

Re: Should I buy a business or suck it up at a job(s) with a pension.

WOW! I am so grateful for all of these responses. Realities of numbers like these is what we have been shielded from as our healthcare has been paid for by my city. I'm just speechless and my jaw dropped seeing that figure. I think I need to take my rose colored glasses off and realize that I can't...
by Grt2bOutdoors
Sun Jan 21, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Using Roth IRA Funds to pay off NML cash value loan
Replies: 9
Views: 377

Re: Using Roth IRA Funds to pay off NML cash value loan

Thanks for the input. What would be the cost of borrowing if the NML loan rate is 8% and the NML dividend rate is 4.9% (2018 rate). With NML Direct Recognition (DR) would the actual dividend be higher maybe approximately 7.55% and the cost of the loan approximately .45% (8% - 7.55%)? I agree leave ...
by Grt2bOutdoors
Sun Jan 21, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on constructing a hands-off portfolio with intermediate-term uncertainty
Replies: 6
Views: 434

Re: Advice on constructing a hands-off portfolio with intermediate-term uncertainty

Monies needed in 5 years or less does not belong in the stock market. If you went 60/40 in taxable account, you'd add 100K to equities and 65K to fixed income. In 5 years, you'd have 330K in fixed and 500K in equities (less market fluctuations). Come house hunting time you'd should have enough to pu...
by Grt2bOutdoors
Sun Jan 21, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Review of portfolio and questions
Replies: 2
Views: 350

Re: Review of portfolio and questions

Welcome to the forum! Can you please edit your post to include the full names of the funds/etf's you own? We simply lack the time to look up each of the names and expense ratios for each of them. What are the gains/losses in each of the taxable accounts? As far as hedging the Swiss Franc to USD, don...
by Grt2bOutdoors
Sun Jan 21, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: getting started
Replies: 3
Views: 240

Re: getting started

thanks for the info,but what should i do if i want to contribute more than the limit imposed on IRA's. also, can you diversify within an IRA? I felt i had pretty good diversification in my 401ks ( maybe not as good as i thought after reading some posts) What do you mean "can you diversify" within a...
by Grt2bOutdoors
Sun Jan 21, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 64
Views: 4069

Re: Should I buy a business or suck it up at a job(s) with a pension.

"...stay at my current job till I’m 55 and then retire with full medical and that would also allow my wife to retire at 50 and call it a day......but that’s another 8 years. Which I could contribute to my 457 and Roth IRA.... . . . . run from the car wash idea . . . . as fast as you would run from ...
by Grt2bOutdoors
Sun Jan 21, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Using Roth IRA Funds to pay off NML cash value loan
Replies: 9
Views: 377

Re: Using Roth IRA Funds to pay off NML cash value loan

No way! Roth IRA space is the most valuable asset you could hold. Earnings in that account can never be taxed, ever! As far as NWM - 8% is a ridiculous rate to be charging to access your own money. Another reason why the "loan feature" is a joke. You have to pay a firm to borrow your own money? :oop...
by Grt2bOutdoors
Sun Jan 21, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 37
Views: 1265

Re: Question with vanguard allocation

Market timing is a losers game. Pick an asset allocation you can live with and stay the course through thick and thin. The belief that two funds is better than one suggests to me that your asset allocation is too aggressive. Suggest you move it all into Lifestrategy Moderate Growth and leave it ther...
by Grt2bOutdoors
Sun Jan 21, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my investments. Too much cash
Replies: 16
Views: 1838

Re: Help with my investments. Too much cash

Do not hold Wellesley in a taxable account.
Instead create an asset allocation that you are satisfied with and use a 3 Fund Portfolio using index funds and Tax Exempt Intermediate with. The distributions on Wellesley are fully taxable.
by Grt2bOutdoors
Sat Jan 20, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 57
Views: 2923

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: 30
Views: 1715

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: 137
Views: 7525

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: 15
Views: 1896

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: 32
Views: 2018

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: 94
Views: 6910

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: 1567

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: 800

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: 885

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: 2585

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: 2585

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: 32
Views: 2018

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: 32
Views: 2018

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: 2585

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: 1035

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: 800

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: 32
Views: 2018

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: 1035

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: 304

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: 1229

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: 266

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: 2585

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: 2585

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: 800

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: 1229

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: 2585

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: 17709

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: 352

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...