Search found 379 matches

by grettman
Fri Dec 07, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Debt repayment vs Investing – thoughts on psychology
Replies: 10
Views: 904

Re: Debt repayment vs Investing – thoughts on psychology

Yes, people are different. For the debt averse: money can't buy happiness. Pay the debt and be happy. For the investing aficionados: a lower net worth doesn't buy happiness. Invest and be happy. Agreed. Also, it doesn’t have to be black or white. It rarely is. It is usually a transaction by transac...
by grettman
Thu Nov 22, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15022

Re: Black Friday 2018

StevieG72 wrote:
Tue Nov 20, 2018 4:16 pm
150 shares of VTSAX ( Vangaurd Total Stock Market Admiral Shares)

The price was right so I bought tonight!
Lucky you!

I invest in the ETF version (VTI) so I have to actually wait for the NYSE doors to open tomorrow to purchase.

I hope I get a door buster of a deal!
by grettman
Tue Nov 20, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8536
Views: 1669630

Re: U.S. stocks in freefall

I'm very curious if people who have 60% or more of their investment portfolio in common stocks are actually able to sleep well at night during times like this. I guess I can understand it if you're in your 20s or 30s and have 30-40 years of working and job income in front of you. But what about you...
by grettman
Wed Nov 07, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8225

Re: What's everyone currently in?

I am 90 percent equities. Mostly C fund in my TSP and VTI.
by grettman
Tue Oct 30, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8536
Views: 1669630

Re: U.S. stocks in freefall

Bulls make money... Bears make money... Bogleheads stay the course and hang out on the U.S stocks in freefall thread (very comforting). It's a win win either way for accumulators. If prices stay down? How's that? +1 Everyone assumes that the market will recover because it has always recovered and h...
by grettman
Mon Oct 29, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12761

Re: Am I doing well financially?

Challenge EVERYTHING. You should look at all of your expenses and challenge your assumptions. In this thread I have read several times where it seems as though you can't sacrifice or change something. Prioritize. Make compromises. You simply can't keep things status quo or your will fail.
by grettman
Fri Oct 26, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Discounts for Christmas Spectacular @ Radio City
Replies: 1
Views: 331

Discounts for Christmas Spectacular @ Radio City

I have searched for coupons that work and other discounts with no success. Anyone have a clue how to get discount tickets to the above? I went many years ago but now that I have kids, I want to share the experience... but don’t want to pay retail price if I can avoid it! Thanks!
by grettman
Thu Oct 25, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 91
Views: 13164

Re: For those waiting for a 'correction' ...

I am waiting!

Until Friday... to buy more VTI.

I am also waiting to buy more C, S, and I on payday (Friday after next).

Wash, rinse and repeat like I have over 20 years now.

Lots of waiting...
by grettman
Tue Oct 23, 2018 5:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8536
Views: 1669630

Re: U.S. stocks in freefall

Looking at Global markets this evening and US futures, figured I'd warm up this thread for the incoming drop today. :twisted: Right now around 2730. Intraday low of the correction (so far) is circa 2712 in futures. Perhaps dip buyers try their hand again around there. What’s most interesting is the...
by grettman
Sat Sep 29, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 7098

Re: Got my new Iphone Xs

Man, what a computer!! Phone work's great also. My previous phone was an Apple 4s. I'm not a person who upgrades very often. But this is some phone. I spent about $1300 for a totally tricked out (512GB) model I run a variety of apps that are processor and storage intensive. I dig the face id, the g...
by grettman
Mon Sep 24, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 11769

Re: Minimalist Lifestyle

Moderation is key. I wouldn't want to live out of suitcase but I have learned to be judicious in acquiring new things -- especially electronics and cars. I get frustrated easily and it seems that every time I make a new purchase problems creep up that don't make me happy. Happiness is the goal right...
by grettman
Mon Sep 24, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5253

Re: Vacation without saving adequately?

You are doing all the right things. Cut yourself some slack and take from savings. I am assuming you have consistently done well for years and have a good track record of discipline. If this isn't the case, then the answer is no.
by grettman
Thu Sep 13, 2018 4:10 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 16153

Re: iPhone XS Max

FIBoston wrote:
Wed Sep 12, 2018 1:58 pm
here's a helpful place i like to go to any time a new iPhone is released. Lot's of good stuff here: http://lmgtfy.com/?q=iphone+xs+max
In every thread there is that *guy* and in this thread that is you!
by grettman
Sun Sep 02, 2018 5:32 am
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 9904

Re: What is your stealth way to save monthly?

After retirement accounts are funded, each paycheck gets divided up into money for bills and money for spending for fun. The account for fun money has a debit card. When that balance hits zero, we stop having "fun" with money. It is simple as that. I of course cheat every now and then.... hard not t...
by grettman
Sun Aug 12, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 5345

Re: How often do you check your brokerage accounts

Once a month to (1) Ensure I wasn't hacked / taken for a ride and (2) to track progress.
by grettman
Wed Aug 08, 2018 4:02 am
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4459

Re: Would you pay this mortgage off?

Toons wrote:
Tue Aug 07, 2018 3:03 pm
I would if it were my mortgage
No doubt
:happy
Ditto. That is if you are maximizing your tax sheltered opportunities.

Others disagree but in my view debt is debt. Don't owe anything to anybody if you can help it.
by grettman
Mon Aug 06, 2018 5:26 am
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5903

Re: Comfort level with Credit Card Balance

Just wondering what's everyone's comfort level is with their credit card balance. Zero comfort level. Any outstanding balance at all on any of my credit cards makes me itch. I check the card balances daily, and pay them off two to three times a week. Excessive, perhaps, but that's just me. Same her...
by grettman
Sun Aug 05, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: How does one become a financial advisor?
Replies: 34
Views: 2451

Re: How does one become a financial advisor?

maybe im not being clear. there would be no management, no AUM, no executing trades. just pay per use, review/consulting type of info. like my example: show me your 401k options, here is the best portfolio you can make in this % based on you AA, etc, etc. thank you, that will be $100. If you just w...
by grettman
Tue Jul 31, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: DOOM!!!!! Morgan Stanley warns
Replies: 41
Views: 5038

Re: DOOM!!!!! Morgan Stanley warns

Marketwatch --- garbage. CNBC --- garbage. Bloomberg -- garbage. recycled garbage day in and day out. One article will talk about doom while another talks about how rosy things will be. Wash, rinse, and repeat. Some of these postings happen multiple times a day. Oh and these firms with their predict...
by grettman
Sun Jul 29, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: Is Jim Cramer a Closet Boglehead?
Replies: 22
Views: 2445

Re: Is Jim Cramer a Closet Boglehead?

No he isn't. I haven't watched him in a while but when I did, he introduced a segment once a week that was tailored to the average investor who needs retirement investment advice. So he dedicated about 3-5 mins to chant about low cost index funds (usually on Friday but not always). 99.98% of his sho...
by grettman
Sat Jul 21, 2018 5:51 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 75
Views: 11498

Re: I may have understood why it's so hard to save and invest

I still remember my first 401k contribution. I was entry-level at the time, making good money but mostly living paycheck to paycheck and paying down debt. I felt like I was throwing money away, it was such a small amount. I kept putting money in there. A few bucks at a time, chump change. Every lit...
by grettman
Wed Jul 18, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7869

Re: How do you handle the urge to DO something?

The Boglehead philosophy is to decide on your long term investment strategy, allocate your assets accordingly and then do nothing outside of an annual rebalance for the next 20/30/40/50+ years. That is difficult for me because I am a doer, I have to struggle daily to just leave it. My brain knows i...
by grettman
Sat Jul 14, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14965

Re: Early retirement

Talking about your early retirement situation is in territory similar to talking about paid for houses and net worth. Personally, I wouldn't offer information about my retirement status. If asked, depending on who they are if I am asked about it I may or may not share. What good comes from talking a...
by grettman
Thu Jul 12, 2018 6:03 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 4203

Re: Auto Tariffs: time to buy?

Have you considered waiting to buy one of the newer models that burns coal? Or the solar model from years past.......... Solar models won't get enough sun through the haze from the coal models. . . . ..and the haze caused by all the fossil fuel burning power plants that source the electricity for t...
by grettman
Tue Jul 03, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: How do I fix my heating bill?
Replies: 73
Views: 3708

Re: How do I fix my heating bill?

1. Turn the heat down to 60 degrees. We do that all winter. Ditto above. We set the thermostat at 60 in the winter. I would go lower if I could but don't want to risk freezing pipes. We have a space heater in the bedroom set at ~68 and just put on a jacket if we need to go to the kitchen. that's no...
by grettman
Fri Jun 29, 2018 3:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 547
Views: 63872

Re: Pulled the trigger and paid off the house today

Congrats to the OP! :beer On the subject of parties and friends.... I would never throw a party (or even share with anybody other than immediate family) because I paid off a mortgage. It could easily come across as bragging about success (right there with co-workers who threw parties to celebrate t...
by grettman
Mon Jun 25, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Waiting for a market drop?
Replies: 17
Views: 2482

Re: Waiting for a market drop?

mortfree wrote:
Mon Jun 25, 2018 4:00 pm
VTI still above $140. Not yet time for me to buy
Meanwhile, the savvy investor who doesn’t market time, buys systematically all the time as this could be the last time we see the market at this level.
by grettman
Fri Jun 22, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 505
Views: 114672

Re: Anyone regret paying off mortgage early?

No, I will not pay off my mortgage early. I am at 2.5% fixed. I rather grow my portfolio than wasting the opportunity cost to build wealth. That "sense of security" is too costly. A friend of mine paid off his house rather than saving for FIRE. All of his net worth is sitting still in home equity a...
by grettman
Wed Jun 13, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 505
Views: 114672

Re: Anyone regret paying off mortgage early?

This thread started in 2012. I wonder if anybody who responded back then now regrets having put all that money into their home equity instead of having that several hundred thousand dollars invested into the stock market at the beginning of a multi year bull run? The returns in the market have grea...
by grettman
Mon Jun 11, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 220489

Re: Share your net worth progression

Am I the only one who thinks these threads are pretty useless, and are their own warped version of comparing yourself to others and keeping up with the Jones's? No. In fact, they are worse than useless because comparisons can lead you to change your individual behavior which may cause more harm tha...
by grettman
Sat Jun 09, 2018 5:31 am
Forum: Investing - Help with Personal Investments
Topic: Can someone look at this for me... Did I really lose all this money?
Replies: 16
Views: 3651

Re: Can someone look at this for me... Did I really lose all this money?

PFInterest wrote:
Sat Jun 09, 2018 1:54 am
It looks like you withdrew a bunch of money.
The chart reads that the data represents "returns". If the OP withdrew money Vanguard codes that as withdraw right?
by grettman
Sat Jun 09, 2018 5:29 am
Forum: Investing - Help with Personal Investments
Topic: Can someone look at this for me... Did I really lose all this money?
Replies: 16
Views: 3651

Re: Can someone look at this for me... Did I really lose all this money?

Now I'm thinking that this was a terrible decision if the market's in a downturn. Not sure about your particular situation but that statement right there gives off alarm bells and I highly recommend you read the wiki on this site and get up to speed about investment basics and behavior. You are doi...
by grettman
Thu May 24, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 139
Views: 18216

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I am paying mine off (3.5%). I max pre-tax accounts, I have an emergency fund, and I have a moderate amount of taxable $$ in VTI. From a risk perspective I want to pay down my mortgage as I have the other bases covered.
by grettman
Tue May 22, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 12
Views: 2170

Re: Total Bond Market

They (and I don't know who "they" are) always say to only invest in things you understand. For many years I have tried to understand why I should invest in bonds (where principal is at risk) and NOT a CD ladder. I am just not smart enough to understand... so I won't invest in bonds or bond funds. Fo...
by grettman
Thu May 17, 2018 4:07 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9680

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Old actors, with have careers that have long passed them by, advertise for gold and silver on cable TV in the wee hours of the night. That is all I need to know about gold and silver. Gold and silver are in the same class as the "Thigh Master"..... which made Suzanne Somers rich but I doubt it did a...
by grettman
Tue May 15, 2018 2:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 3626

Re: How did you fall in love with investing?

I want to be free of *having* to go to work every day.

I want that freedom sooner than later.

I don't love investing.

It is something I just have to do in order to be free.
by grettman
Sun May 13, 2018 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Ameriprise feedback needed
Replies: 9
Views: 950

Re: Ameriprise feedback needed

sergeant wrote:
Sat May 12, 2018 9:51 pm
You can use the search function located in the upper right of this page.
-1
by grettman
Fri May 11, 2018 4:41 am
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 4897

Re: Should I pay cash for a house?

Pay cash unless you can put that money some where that will have a *guaranteed* rate of return which is greater than the interest rate you would get on the loan. I am aggressively paying down my mortgage because I want to be free of debt. I would not choose to get into debt so I am giving you the ad...
by grettman
Mon May 07, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Need encouragement with holding my bond fund assets
Replies: 27
Views: 2435

Re: Need encouragement with holding my bond fund assets

Remind yourself why you bought bonds in the first place. It was not for return, was it? It was to protect yourself against volatile stock losses, right? They are still serving that purpose. When stocks fall again (and they will), the bonds will probably become more desirable and even if you have a ...
by grettman
Sun May 06, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 7009

Re: Do we spend too much on food?

AlohaJoe wrote:
Sun May 06, 2018 12:05 am
According to the BLS (instead of anecdotes):
Hey AlohaJoe,

Thanks for mentioning BLS. I went to the website to see what other cool stuff they have and can't find anything other than unemployment data.

Would you mind posting a link to where you go this information?
by grettman
Sun May 06, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 7009

Re: Do we spend too much on food?

I would guess and say we spend about 800 per month on food for a family of 4. This doesn't include household items.

We rarely eat out. Let's say 1 a month at best.

We order in pizza on a Fridays.
by grettman
Thu May 03, 2018 5:52 am
Forum: Investing - Help with Personal Investments
Topic: How to treat a mortgage in context of long term investment
Replies: 12
Views: 1372

Re: How to treat a mortgage in context of long term investment

Chan_va wrote:
Thu May 03, 2018 1:09 am
Op, you are mostly right with 2 caveats

1. The "duration" of a 30 year fixed rate mortgage is closer to 9 years, so you would compare it to a bond of that duration.
Why?
by grettman
Wed May 02, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Help me get on top of some debt before college expenses arrive...
Replies: 50
Views: 3297

Re: Help me get on top of some debt before college expenses arrive...

I do wonder if those telling me I'm in financial trouble missed the part about having $500k of after-tax investments and a net worth including home equity of about $2.2 million which is about 3x my debt. I could wipe out the car loans, 401k loans, the HELOC and most of the first mortgage in a momen...
by grettman
Sun Apr 29, 2018 5:43 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 547
Views: 63872

Re: Paid Off Mortgage Today

Congratulations!!!!! I am going through the process now....I will have it paid off in about 4 years but progress is like watching paint dry!
:sharebeer
by grettman
Mon Apr 23, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 50k? Still struggling.
Replies: 26
Views: 2593

Re: What to do with extra 50k? Still struggling.

I am in similar situation—. Similar 539 balances with similar aged kids. I am attacking my mortgage with a vengeance. I hate debt —. If the 529 doesn’t cover college, I will cash flow the rest. I max retirement.
by grettman
Thu Apr 19, 2018 4:25 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with Mr Cooper
Replies: 16
Views: 3959

Re: Paying off mortgage with Mr Cooper

CONGRATULATIONS on paying off your home. Job well done.
by grettman
Wed Apr 04, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 7053

Re: 2018 Camry. What's wrong with me?

It’s a Camry!
by grettman
Tue Apr 03, 2018 5:20 am
Forum: Personal Finance (Not Investing)
Topic: Sad because I did not know what I was doing with inheritance
Replies: 34
Views: 7773

Re: Sad because I did not know what I was doing with inheritance

i Have made numerous costly mistakes. So have many others here. Unlike your mistake, I can’t easily quantify mine and it would do more harm than good anyway. Keep your head down and move on.... stay in th game but do so smartly. Learn from it and you will slowly, methodically, and effortlessly becom...
by grettman
Mon Apr 02, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8536
Views: 1669630

Re: U.S. stocks in freefall

While a 10% drop in the markets is called a correction.... It isn't a real correction until the CASH IS KING and BUY GOLD crowd start coming out of the woodwork! I think we are here folks. It will also be a noteworthy period when the "What are you up YTD?" and "FIRE" crowd starts to chatter with neg...