Search found 556 matches

by grettman
Sun Jul 05, 2020 5:41 am
Forum: Personal Investments
Topic: Early Retirement Check Up - Looking for Direction
Replies: 42
Views: 3595

Re: Early Retirement Check Up - Looking for Direction

Based on my read, it would appear you're in the 22% Federal and 5.75% State brackets. Check your taxable income amount from 2019 taxes to verify when referring to the linked charts. Thanks for the push in the right direction on tax rates. Our taxable income in 2019 was $75,600, so 5.75% VA and 12% ...
by grettman
Sat Jul 04, 2020 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1617
Views: 409921

Re: Share your net worth progression

I'm with e5116. We are still below our December 2019 portfolio despite non-stop investing (even had some nice five figures dump into the market in March), and with unflinching 90/10 thought it all My guess is many of the big jumps may be from - small biz efforts - real estate value growth - massive...
by grettman
Tue Jun 30, 2020 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage
Replies: 8
Views: 837

Re: Paid off Mortgage

I will have my house paid off next Christmas.

I can’t wait.

Mathematically it probably isn’t the best thing for me but I want to be debt free!
by grettman
Tue Jun 30, 2020 5:04 am
Forum: Personal Consumer Issues
Topic: How to Tell if a Flight is Operated by a Partner Airline
Replies: 8
Views: 568

How to Tell if a Flight is Operated by a Partner Airline

Sadly I am going to have to cancel my family's flights to Glacier National Park in August. I need to make a decision if I want a credit or a certificate. Credit gives me the most flexibility and I have up to 24 months to use it. However, it can only be used for "United" flights (not their partners)....
by grettman
Sat Jun 27, 2020 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Going Thru Divorce
Replies: 41
Views: 6587

Re: Going Thru Divorce

I went through a debilitating divorce when I was 42. Had one daughter who was 8 at the time. Agree that you should maximize your career earnings because you’ll need it. Other advice? Be as generous as you can possibly be and don’t let the “fight”, if any, take over your life, always meet your suppo...
by grettman
Thu Jun 18, 2020 6:47 pm
Forum: Personal Investments
Topic: Close to Paying Off Home
Replies: 15
Views: 1136

Re: Close to Paying Off Home

No!!!
by grettman
Sat Jun 06, 2020 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford 600k house?
Replies: 95
Views: 8847

Re: Can we afford 600k house?

Yes.

But I wouldn't take on a mortgage that size and our household income is about $200K.

Congrats on the savings. You have done well.
by grettman
Sat Jun 06, 2020 6:02 am
Forum: Personal Consumer Issues
Topic: Looking for a Sit / Stand Desk and Office Chair
Replies: 10
Views: 857

Re: Looking for a Sit / Stand Desk and Office Chair

Sandtrap wrote:
Fri Jun 05, 2020 8:15 am
I have a Jarvis adjustable stand up desk with a bamboo top.
Ran about $600
Used daily. The auto height feature is great.

At lowest I use a jumbo bean bag, office chair for medium heights.

j🌺
How has the motor treated you? Any issues? How long have you used it/had it?
by grettman
Thu Jun 04, 2020 6:02 am
Forum: Personal Consumer Issues
Topic: Looking for a Sit / Stand Desk and Office Chair
Replies: 10
Views: 857

Re: Looking for a Sit / Stand Desk and Office Chair

Thank you all for the suggestions. If there are more, I would appreciate it if others could chime in. Thanks again!
by grettman
Wed Jun 03, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548599

Re: U.S. stocks continue to soar!

The recovery is Great... https://stockcharts.com/h-sc/ui?s=VUG&p=D&b=5&g=0&id=p29360584166 But for those who PayAttention even better! When paying Attention Check out when RSI goes < 50 and PpoHist < 0 Verified by DI+ < DI- CheckBackIn when PpoHist goes > 0 (PPO Bullcross!) verified by RSI & ADX Ma...
by grettman
Wed Jun 03, 2020 5:21 am
Forum: Personal Consumer Issues
Topic: Looking for a Sit / Stand Desk and Office Chair
Replies: 10
Views: 857

Looking for a Sit / Stand Desk and Office Chair

Hi, My 15 year old son really wants a sit/stand desk and office chair for his 16th birthday. He primarily wants this furniture for gaming but will also use it for homework. Most of the 'gaming chairs' I have found are very expensive and look very cheap and have bad reviews. I think a better alternat...
by grettman
Mon Jun 01, 2020 5:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675497

Re: U.S. stocks in free fall

superinvestor wrote:
Mon Jun 01, 2020 1:30 am
jay22 wrote:
Sun May 31, 2020 10:50 pm
Worst financial crisis since the great depression and I am only down 9% YTD with a 80/20 portfolio. Mind-boggling.
I'm up 12% over the last 12 months.
That is awesome! How is your money invested? What is your AA?
by grettman
Sat May 30, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36057

Re: Changing the Subject

Why do you ask? Jim Beaux, I'm changing the subject. If we wanted to buy a vehicle, how should we proceed? We of course are looking for the best available price within say one hour's drive. I would say rule #1 is to shut up, be patient & let the salesman dance to your rhythm. Reply with vagueness. ...
by grettman
Wed May 27, 2020 5:26 am
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 315
Views: 17363

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

I am too lazy to look this up but I heard that the market is being led by a handful of stocks (I think big tech/social media and perhaps big Pharma) and that several sectors are down about 30 percent or more. If true, that makes sense to me and shows that the market is taking COVID 19 shutdown into ...
by grettman
Wed May 27, 2020 4:57 am
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 12183

Re: This article is scaring me.

All them highfalutin economist with their fancy degrees and whatnot —- yet their crystal ball and my crystal ball equally suck. I agree with the poster who said step one is to stop reading the guardian... My plan: DCA C FUND and VTI until I’m 57...throw a little at G fund and CDs... pay off house.. ...
by grettman
Fri May 22, 2020 6:03 am
Forum: Personal Investments
Topic: Should I pull my CDs out?
Replies: 26
Views: 2783

Re: Should I pull my CDs out?

Have you asked if they have lifted the early withdrawal penalty? Navy Credit Union, for instance, has waived that penalty because of COVID.
by grettman
Thu May 21, 2020 3:55 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6212

Re: I freaked out…now what?

You sold when your portfolio was at an 8% decline?

Am I reading that correctly?

That kind of a decline is called “normal” for most investors.
by grettman
Fri May 15, 2020 9:44 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10743

Re: Please tell me I'm not crazy

If the stock market goes to zero, you should be putting your entire net worth into canned beans and assault rifles, right now. Bogleheads never try to time the market. You should always have canned beans and assault rifles. Crappy planning if you don’t include 2-3 thousand rounds of ammo... IMHO..
by grettman
Fri May 15, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675497

Re: U.S. stocks in free fall

Boomers have been mostly in charge for the past 30 years, and the national debt has ballooned. That, and climate change, appear to be future issues that the younger generations are going to have to deal with, and they blame boomers (and they are not 100% wrong to do so). But no one really hates you...
by grettman
Wed May 13, 2020 5:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675497

Re: U.S. stocks in free fall

guyinlaw wrote:
Tue May 12, 2020 6:45 pm
Volatility is back!! Too bad, they needed a senate hearing to see the challenges ahead..
Futures are up. Too bad it seems folks over reacted yesterday's events....
by grettman
Wed May 13, 2020 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3180

Re: Sell Equities and Pay off Mortgage or wait ?

I don't think that you'll regret it. I've only heard one person on this forum ever say that they did. No regrets, just a good feel to be mortgage free !!! Congrats! :beer Ours has been paid off for nearly three months now, and the timing (which we didn't have anything to do with) couldn't have been...
by grettman
Sat May 09, 2020 2:04 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13616

Re: Will work from home destroy the commercial real estate market?

runner3081 wrote:
Fri May 08, 2020 9:27 pm
Destroy it? I highly doubt it.

Will life be different following this? For a few years, until everyone forgets.
+1. People have very short memories....
by grettman
Fri May 08, 2020 3:28 pm
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8781

Re: Percentage of savings to "prepping"?

oldfort wrote:
Fri May 08, 2020 3:09 pm
I can't tell if this post is sarcastic or not.
It’s clear to me it is a serious question. I think most people “prep” to some extent. Some more than others.
by grettman
Wed May 06, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off car?
Replies: 26
Views: 1374

Re: Pay off car?

Pay it off.
by grettman
Mon May 04, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: Uh, Cramer? [urging us to dump S&P 500 index funds]
Replies: 15
Views: 2225

Re: Uh, Cramer? [urging us to dump S&P 500 index funds]

No offense intended but this is like asking why a dog barks.

Edit: it’s like point out that a dog barks...
by grettman
Tue Apr 28, 2020 7:43 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5134

Re: Holding Gold as "Doomsday Fund"

Guns and ammo. You can use it to defend home and property. Use it for trade too. It has utility.... try finding ammo right now.. good luck. Gold is easy to get but what can it do for you?
by grettman
Sun Apr 26, 2020 1:31 pm
Forum: Personal Consumer Issues
Topic: Infrequent Flyer Needs Advice Cancelling United Tickets
Replies: 7
Views: 638

Re: Infrequent Flyer Needs Advice Cancelling United Tickets

Thanks for the responses.

Not being much of a gambler, I don’t want rely on United extending the April 30 deadline. What’s the harm in me getting the ETC and just rebooking later if it turns out Glacier is open in August and I want to proceed with my trip?
by grettman
Sun Apr 26, 2020 11:49 am
Forum: Personal Consumer Issues
Topic: Infrequent Flyer Needs Advice Cancelling United Tickets
Replies: 7
Views: 638

Infrequent Flyer Needs Advice Cancelling United Tickets

My family rarely travels but we are now in a situation where we have to decide if we are going to cancel our trip to glacier national park which is booked for August 2020. I bought my non-refundable tickets before March from United Airlines. According to their website, I have until April 30 to cance...
by grettman
Sun Apr 26, 2020 8:35 am
Forum: Personal Investments
Topic: How to approach buying a home and retirement savings
Replies: 35
Views: 1567

Re: How to approach buying a home and retirement savings

Pay off the debt ASAP.

Hit retirement hard.

Learn more about all the expenses of being a landlord.

The net surprises some folks.
by grettman
Fri Apr 24, 2020 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36057

Re: Car Dealers not really wanting to make a deal

heard an ad on the radio this morning from a large local dealer offering a new program "fully online" purchase. "no need to step foot on the dealer lot" I can't imagine dropping $30k on a vehicle without at least test-driving it...but maybe some people will? Although I test drove all the cars I bou...
by grettman
Thu Apr 23, 2020 6:58 am
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 137
Views: 11750

Re: How are the "100% Stocks" people doing?

I’m 95% equities. Close enough I suppose. I am staying the course. Buying more with every paycheck. I should add that for the last 4 years I have been paying off my mortgage by making extra principal payments. So I’m not plowing everything into the market. But I have been doing this well before this...
by grettman
Tue Apr 21, 2020 6:29 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1782
Views: 142103

Re: Small Cap Value heads Rejoice !!!

sf_tech_saver wrote:
Mon Jun 03, 2019 8:32 pm
Every day is a great day to buy VTI :)
+1
by grettman
Sat Apr 18, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36057

Re: Car Dealers not really wanting to make a deal

In case some are not aware .... nobody gets a good deal from a car dealer, not even the Sales Managers Mom! If you think you did and tell your friends about it, you’re mistaken. +1. If you got a good deal from a dealership then they successfully made you feel better about taking your money. At a de...
by grettman
Sat Apr 18, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16578

Re: What percentage of your paycheck do you invest?

Some people make more than $200k and don't invest much. https://www.marketwatch.com/story/im-59-and-my-husband-and-i-earn-500000-a-year-but-have-credit-card-debt-and-nothing-saved-for-retirement-what-should-we-do-2020-02-25?mod=personal-finance It's not what you make... it's what you keep. Your abi...
by grettman
Sat Apr 18, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36057

Re: Car Dealers not really wanting to make a deal

In case some are not aware .... nobody gets a good deal from a car dealer, not even the Sales Managers Mom! If you think you did and tell your friends about it, you’re mistaken. +1. If you got a good deal from a dealership then they successfully made you feel better about taking your money. At a de...
by grettman
Fri Apr 17, 2020 4:35 am
Forum: Personal Finance (Not Investing)
Topic: Chase not paying $200 new account bonus
Replies: 14
Views: 2008

Re: Chase not paying $200 new account bonus

I have received 4 chases bonuses over the years. One just a few months ago. Zero problems.
by grettman
Fri Apr 17, 2020 4:32 am
Forum: Investing - Theory, News & General
Topic: I am feeling forced to buy into this market
Replies: 55
Views: 6197

Re: I am feeling forced to buy into this market

In ten years, your decisions made today about market entry will be insignificant. Think long term about stock investing. Are you sure about that? There have been 15 year periods of zero returns in the market. The stock market isn't a sure thing at all. Most are saying that going forward the stock m...
by grettman
Thu Apr 16, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548599

Re: U.S. stocks continue to soar!

whodidntante wrote:
Thu Apr 16, 2020 7:25 pm
7eight9 wrote:
Thu Apr 16, 2020 6:48 pm
A leaked video.

Press conference about the right time to open the country.

Futures soar.

Interesting timing.

What is that old saying about buying the rumor and selling the news?
You are the one.

What you must remember is, there is no spoon.
+1 8-)
by grettman
Wed Apr 15, 2020 5:11 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 358
Views: 28662

Re: Report when you receive your stimulus check here

I received mine.

I am POA for mom and she received hers.
by grettman
Tue Apr 14, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548599

Re: U.S. stocks continue to soar!

House of cards tumbles down 2900-2950. Bull trap because 3000 is within reach. If you make money off this prediction, donate some of your profit to charity. Lolz. Do you know how many posts I’ve read like this in the past 3 weeks? All of them wrong. lol. You should see the wallstreetbets bears on r...
by grettman
Mon Apr 13, 2020 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus Payment Question
Replies: 10
Views: 1234

Re: Stimulus Payment Question

Hello All, I had a question regarding stimulus payment which I couldn't find answer to in the IRS FAQs. As the current payment is based on 2018 or 2019 return. We had our first child this year, so based on last year return we are not eligible for $500 child credit. Is there an option this will be a...
by grettman
Fri Apr 10, 2020 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 358
Views: 28662

Re: just got my $1200 stimulus payment

nisiprius wrote:
Fri Apr 10, 2020 8:31 pm
Those who have gotten them: was there any accompanying statement, explanation, or other "paperwork" delivered in any way?
Not for me. Mine was EFD. It says it’s from IRS. It’s the same amount the online calculator said it would be.
by grettman
Thu Apr 09, 2020 5:44 pm
Forum: Personal Investments
Topic: Tax lost harvest gone wrong - down 14% - advice
Replies: 31
Views: 2799

Re: Tax lost harvest gone wrong - down 14% - advice

I wouldn’t wait for a smart market timer to help.

They might be smart but it’s more likely than not that they don’t have a crystal ball any better than yours.

Jump back in.

Now.
by grettman
Thu Apr 09, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5609

Re: Mortgage payoff - Am I crazy?

We have approx. $70k principal left in our mortgage (68 payments), with total interest remaining of $7500. Interest rate is 3.75%. We recently received an inheritance from my FIL, with approx. $120k of it being cash. He also left IRA’s & stocks that we’ll keep in the market for now and hope for a r...
by grettman
Wed Apr 08, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Am I the only one who doesn't care what the market does?
Replies: 4
Views: 463

Re: Am I the only one who doesn't care what the market does?

livesoft wrote:
Wed Apr 08, 2020 4:25 pm
Some investors are no longer in the accumulation phase, they are in the withdrawal phase.

Because different people have different goals for their money, there can easily be opposite behaviors which is so cool.
+1
by grettman
Wed Apr 08, 2020 3:51 pm
Forum: Personal Investments
Topic: What's your asset allocation strategy if you don't re-balance?
Replies: 19
Views: 1262

Re: What's your asset allocation strategy if you don't re-balance?

After reading the many discussions about re-balance, I have accepted the concept that there is no re-balance bonus and decide to not re-balance in the future. So I would like to hear from those who don't re-balance, how do you set your asset allocation? An initial percentage then leaves it? Based o...
by grettman
Tue Apr 07, 2020 6:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548599

Re: U.S. stocks continue to soar!

Scrolled from top to bottom of CNN's web page. Not one positive article related to virus. (there is one about zeroing in on the source but I don't consider it positive in the sense it doesn't give any of the positive facts about how progress in getting out of this mess is being made) These latest ju...
by grettman
Tue Apr 07, 2020 6:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548599

Re: U.S. stocks continue to soar!

Stinky wrote:
Tue Apr 07, 2020 5:29 am
Futures are UP again. Roughly 3% as of now.

This is the bounce that won’t quit.

Hope all those folks who sold on the way down, hoping to re-buy at lower prices, have already gotten back in.

Market timing is really hard!
Doubt we will ever hear from them if they didn't.
by grettman
Sun Apr 05, 2020 2:20 pm
Forum: Investing - Theory, News & General
Topic: Your Investment Adviser’s Dirty Secret
Replies: 77
Views: 9867

Re: Your Investment Adviser’s Dirty Secret

I wonder if ric Eddleman is one of these advisors that Ferri is speaking of.