Search found 404 matches

by grettman
Tue Apr 16, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 76
Views: 9618

Re: Do not use Personal Capital

Reminds me of the saying that “If you aren’t paying for a product, it is likely because you are the product.” I can’t imagine giving a company access to my accounts and trust that they won’t abuse the access. There are too many examples of how companies fail to take care of their customer’s data and...
by grettman
Sun Apr 07, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: Pickup Truck Bed Cover Recommendations
Replies: 14
Views: 1147

Pickup Truck Bed Cover Recommendations

I have a 2009 Tacoma and need to replace my tonneau cover. I don’t really care if it is hard or soft—at least I don’t think I care. I want water tight and durable. I have a soft right now but after 10 yrs...it has died. Thoughts?
by grettman
Thu Apr 04, 2019 5:18 am
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 12869

Re: I hate bonds

cheesepep wrote:
Wed Mar 27, 2019 3:30 am
I also hate bonds, so I own zero of them.
+1. I follow the rule that says “only invest in things you understand.” I can’t figure them out so I use CDs instead and I’m paying off my house early.
by grettman
Sun Mar 31, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software and Underpayment Penalty
Replies: 16
Views: 719

Re: H&R Block Tax Software and Underpayment Penalty

I really don't know what to do here but the software is only giving me a choice to calculate the penalty myself or to have the IRS do it. I want NEITHER because I am above the threshold. Please help. A total non-issue. I have and used the HR Block for 2018 taxes. You need to merely select the "calc...
by grettman
Sat Mar 30, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software and Underpayment Penalty
Replies: 16
Views: 719

Re: H&R Block Tax Software and Underpayment Penalty

All: I really appreciate the help and knowing that the threshold was reduced to 80% is something I wouldn't have learned if it wasn't for the group. I don't need any more assistance. I will figure out a way to trick the software/get around this some how. I am happy to know that I am not going to get...
by grettman
Sat Mar 30, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software and Underpayment Penalty
Replies: 16
Views: 719

Re: H&R Block Tax Software and Underpayment Penalty

Thanks everyone for the replies. Unfortunately the HRB software doesn't have a clue about the 85% (now 80% waiver) so this situation is a PIA. Seems from the comments above I need to fill the 2210 but if I have HRB do it, it will be screwed up because it doesn't know about the new tax rules.... I s...
by grettman
Sat Mar 30, 2019 7:28 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software and Underpayment Penalty
Replies: 16
Views: 719

Re: H&R Block Tax Software and Underpayment Penalty

For this year, the IRS is lowering that threshold to 85% because the new tax law impacted so many people.\ Actually, a week ago Friday the IRS lowered the threshold to 80% (from 85%). But let's ignore that, since the difference between 85% and 80% doesn't seem to make any difference to your situati...
by grettman
Sat Mar 30, 2019 6:17 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software and Underpayment Penalty
Replies: 16
Views: 719

H&R Block Tax Software and Underpayment Penalty

Hi, I was one of those people who didn't make adjustments to my withholdings so I owe money to the IRS this year. Based on what I know from reading the IRS website, normally one must pay 90% of their tax liability throughout the year or they will face a penalty (unless of course they meet the waiver...
by grettman
Tue Mar 26, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage!
Replies: 88
Views: 7138

Re: Paid off mortgage!

CONGRATS!!

I hope to join the club in 4 yrs!
by grettman
Wed Mar 13, 2019 10:30 am
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 5885

Re: I want to leave Vanguard

Leave vanguard for having a crappy website and bad customer service and etc but not for this...
by grettman
Sat Mar 09, 2019 11:20 am
Forum: Personal Investments
Topic: Update: 35 y/o Portfolio Review (new to investing)
Replies: 15
Views: 2466

Re: 35 y/o Portfolio Review (new to investing)

I don’t know why you would invest on the hope of returning more than 3.25 percent in lieu of paying off loan with a guaranteed return of 3.25 percent.
by grettman
Thu Mar 07, 2019 5:09 am
Forum: Investing - Theory, News & General
Topic: What do you tell people who ask for retirement/investment advice?
Replies: 71
Views: 5258

Re: What do you tell people who ask for retirement/investment advice?

Who am I to give advice? I would tell them to seek the advice of a financial planner who charges a flat hourly fee and who isn't in the business of selling you a product. I would explain why that it is important. That is the extent of the advice I would give. Oh and if tight are in debt, I would tel...
by grettman
Wed Mar 06, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgages
Replies: 34
Views: 2921

Re: Mortgages

I know it’s the wrong thing to do mathematically but I’m paying off my 3.5% 30 yr. I have about 4 yrs left...
by grettman
Fri Mar 01, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 18363

Re: Talk me in/out of $35k Tesla Model 3

I prescribe to the philosophy of Save, invest and LBYM. Never buy too much house or car. But I am also a car geek and like to read about cars and wrench on them (when i have time). And this is why this decision is hard. Will go test drive the car this weekend with my wife and see how that goes. Any...
by grettman
Wed Jan 16, 2019 11:30 am
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 6856

Re: Gillette Mach 3 alternatives

Good thread. I am interested in no longer using Gillette razors.

I forgot all about dorco razors! I used these before and they were great. Often you can find deals via slickdeals...

I plan to drop Gillette when my current razor is finished.
by grettman
Wed Jan 16, 2019 9:27 am
Forum: Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 82
Views: 8468

Re: 100% in VTSAX - Is it crazy???

A lot can change in 25 years. I’m a different person now compared to 25 yrs ago. My wants and needs out of life have changed and so have the costs.
by grettman
Sun Jan 06, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 91
Views: 7308

Re: Strategies to combat or justify lifestyle creep

"How would you approach making your mind up about any purchase that you both really want to make, but also know is an unnecessary expense?" Try comparing then with 'equivalent units". A Tesla will have a price of XXX now and a sales value of YYY over the years you plan to own it. (above your base t...
by grettman
Sun Dec 30, 2018 8:02 am
Forum: Personal Investments
Topic: Calculating savings rate
Replies: 50
Views: 2898

Re: Calculating savings rate

Isn't it true that for many of us, taxes will have to be taken into account when discussing how much you need to save for retirement? For those of us who know we will have to pay taxes in retirement, should we just make some assumptions about what our tax liability will be and add that as an expense...
by grettman
Wed Dec 26, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 657
Views: 74808

Re: U.S. stocks continue to soar!

Everyone can thank me for the big day today. After the drop on Christmas Eve, I decided not to look at stock prices during the day.

Clearly, when I don't look the bulls come out to run....

Pro tip: I won't look tomorrow either. Get your VTI buy orders in early in the a.m.
by grettman
Wed Dec 26, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9572

Re: What common everyday inconvenience have you intentionally suffered for frugality?

What some people call frugal I call spending money wisely. On the frugal end there is the making of bar soap (not as hobby) or cutting your own hair (and not because you like to). Then there is spending money wisely --- like not paying for cable if you don't feel you are getting your money's worth. ...
by grettman
Tue Dec 25, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843827

Re: U.S. stocks in free fall

I'm going to sound very condescending here - but days like today remind me how how skittish and, frankly, foolish most personal investors seem to be Very surprised at the nervousness that is obvious on this forum. That should not be surprising. After all, investors are human beings. And many have "...
by grettman
Mon Dec 24, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 251
Views: 22386

Re: Whose buying today? where's all the "dry powder" folks at? :)

I don't have dry powder.

I don't have any bonds to rebalance from and no cash other than my emergency fund.

I only buy on Fridays. Income is from my salary.

Aside from equities and some CDs...I am all in on stock funds.
by grettman
Fri Dec 21, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Bear Market - Mindset Expectations
Replies: 61
Views: 6310

Re: Bear Market - Mindset Expectations

I do not have plans to change my asset allocation or stray off course. I have spent a few hours reading old posts on bogleheads during the last true bear market 2008/09. It was painful reading these old posts. It was such an emotional devastating time for a lot of people. I pray this bear market is...
by grettman
Wed Dec 12, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20933

Re: What Happened to you during the Financial crisis of 2007–2008

I was in my late 30s. Because I started to pay attention to my NW, I saw the major losses to my portfolio. I was scared. I was nearly 100% equities. I continued to buy into my 401K. Stopped other investing. Rode it out. I think I am stronger emotionally because of it. I am now 90% equities and I’m o...
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: 982

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: 15551

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: 10391
Views: 1843827

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: 8518

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: 10391
Views: 1843827

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: 13102

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: 346

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: Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 109
Views: 1236338

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: 10391
Views: 1843827

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: 7360

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: 11915

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: 5367

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: 16645

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: 10015

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: 5411

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: Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4516

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: 5982

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: 2526

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: 5113

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: 2515

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: 81
Views: 13979

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: Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 8003

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: 162
Views: 20046

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: 4294

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: 3740

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...