Search found 453 matches

by grettman
Fri Jan 05, 2018 5:23 am
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 370
Views: 45099

Re: Anyone tired of the stock market going up?

When I saw this thread when it was first created, I thought "Hey, we need to accept what the market gives us." -- which means suffer when it crashes and appreciate the gains when it rises. However, I too am getting to the point of being tired because a drop is going to be very painful. I went though...
by grettman
Sun Dec 31, 2017 12:15 pm
Forum: Personal Investments
Topic: Mortgage vs Investing
Replies: 14
Views: 1375

Re: Mortgage vs Investing

If I were you I wouldn't hesitate at all on this - I would pay cash. (assuming I an emergency fund and etc). Guaranteed 4.125%....vs. THE HOPE of more with MORE risk. Forget it. That is easy. I would still put money away, as I earn it, into equities of course but I would write that check for the hou...
by grettman
Sat Dec 30, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Stoics View on Debt
Replies: 33
Views: 3973

Re: Stoics View on Debt

Thank you so much for sharing. I am now digging deeper into Stoics. Very interesting....
by grettman
Sat Dec 30, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2548
Views: 471891

Re: What are you up YTD? [Year To Date]

Up 22%. This includes contributions. Does not include home value.

I am about 93% equities. 7% CDs.
by grettman
Fri Dec 29, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: Paying off mortgage before investing at all?
Replies: 75
Views: 9302

Re: Paying off mortgage before investing at all?

There are a lot of smart people who are giving you very good advice. I am not that smart but I know this about what I would do: I would not forego buying into my tax advantage accounts to save 3 - 4% in mortgage interest. I would never do this. However, I am paying down my mortgage but I am doing so...
by grettman
Fri Dec 29, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Adding another Schwab Account to Personal View
Replies: 1
Views: 546

Adding another Schwab Account to Personal View

Both my wife and I have separate schwab accounts. I would like to see both of those accounts aggregated in the personal view (the view after you log in). You are given an option to add an external account (such as a vanguard account) but I can't figure out how to add another schwab account to the vi...
by grettman
Fri Dec 22, 2017 6:46 am
Forum: Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 16202

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi grettman, Do you rebalance on regular basis ? 47 here. 90%/10% (CDs....I don't do bonds). No I don't. I don't advise others to do what I do either. I have yet to be able to come to terms with rebalancing. I still feel that I have about 10-13 years left to work so I am just not "there" yet mental...
by grettman
Thu Dec 21, 2017 10:12 pm
Forum: Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 16202

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

47 here. 90%/10% (CDs....I don't do bonds).
by grettman
Tue Dec 19, 2017 5:03 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 9418

Re: Can I afford it: Dodge Challenger

Unfortunately, if you cannot comfortably pay cash, you can probably not afford it. Many in this thread have said this and it makes no sense to me. Basically you’re saying if I had saved less in my retirement accounts and had $40k in a savings account instead of an IRA I’d be in a better position to...
by grettman
Mon Dec 18, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 9418

Re: Can I afford it: Dodge Challenger

Don't know enough to say for sure if you can afford it.

What is your net worth?

On track for retirement?

I wouldn't do it if I couldn't pay cash but that is me.
by grettman
Sun Dec 17, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off low interest loans or keep?
Replies: 2
Views: 458

Re: Pay off low interest loans or keep?

We are in a bull market that has lasted almost 10 years. It has been so long, many people investing today never experienced a down turn. I have been through 3 and I am even becoming complacent. Do what you want but don’t let the great returns have you thinking this will continue. It may or may not. ...
by grettman
Fri Dec 15, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Wow. Just Wow.
Replies: 29
Views: 5674

Re: Wow. Just Wow.

Go to ameriprise's website and you will see that the cite numerous "surveys" that show they are the best at everything. The system has to be rigged. No one in their right mind would give ameriprise a thumbs up on anything...
by grettman
Tue Dec 12, 2017 3:34 pm
Forum: Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 199
Views: 30306

Re: What to do after losing $117k in stock market?

I have made mistakes that I had a hard time getting past. I have suffered from regret. The book that someone here once suggested was:
Dale Carnegie's "stop worrying and start living". It really helped me see the big picture and get beyond my issues.
by grettman
Tue Dec 12, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless: What are the gotchas?
Replies: 38
Views: 3256

Re: Cricket Wireless: What are the gotchas?

Any current Cricket Wireless users care to comment on your experiences versus AT&T, Sprint, Verizon, etc.? What are the gotchas? How can they offer pricing so much lower than the big name carriers? I have had them for 3 years. About every 6 months or so they surprise me by increasing my data plan w...
by grettman
Tue Dec 12, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 14027

Re: 2018 financial goals - what are yours?

1. Max all retirement accounts (goal every year).
2. Pay down $2K of my mortgage every month without fail
3. Don't worry about small set backs with money
4. Enjoy and appreciate what I have more than I did the year before
by grettman
Mon Dec 11, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 70
Views: 7062

Re: Can we afford to live on one income?

I make about $163K annually and my wife didn't work for about 8 years to raise two kids. During this time we had a larger mortgage than you. We also had no debt other than the mortgage. During this time a fully funded my 401K to the max and started a traditional IRA for her. We also contributed to 5...
by grettman
Sun Dec 10, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 14027

Re: 2018 financial goals - what are yours?

I just want to do what I did last year:

Fully fund 401K (TSP), Roth and IRA. Pay 2K extra per month towards mortgage. Live my life. Have some fun along the way.
by grettman
Fri Dec 08, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1766

Re: GPS tracker for loved one w Alzheimer’s

I took her car. This is to track her while on her feet. She uses a bus and goes on walks.
by grettman
Fri Dec 08, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1766

Re: GPS tracker for loved one w Alzheimer’s

She doesn’t carry a phone. She lost it. I plan to get her a new phone but it has to be a flip phone. Looking at those too. I want a phone that has like 4 buttons .. for to call up to for people in case she gets in trouble.
by grettman
Fri Dec 08, 2017 3:15 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1766

GPS tracker for loved one w Alzheimer’s

Google searches reveal a mix bag of devices so I would like some help from my BH friends. My mom has this horrible disease and I want to be able to track her wear abouts in fairly real time. I prefer some thing small and something that can be attached to wrist or around neck. I prefer not to pay a m...
by grettman
Thu Dec 07, 2017 7:03 am
Forum: Investing - Theory, News & General
Topic: Popular gaming service Steam no longer accepting Bitcoin due to market volatility
Replies: 2
Views: 677

Re: Popular gaming service Steam no longer accepting Bitcoin due to market volatility

With the ever increasing popularity of cryptocurrency discussions on this board, I thought this was an interesting article to show what impact the rapid increase of participation into the market is having on businesses attempting to use crypto as an actual currency. Source: http://steamcommunity.co...
by grettman
Mon Dec 04, 2017 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1146
Views: 320210

Re: Share your net worth progression

2009: $405K
2010: $494K
2011: $552K
2012: $680K
2013: $863K
2014: $1M
2015: $1M
2016: $1.2M
2017: $1.4M

Single income. Family of 4. Excludes home equity. Excluding 529 programs, NW is $1.35M.
by grettman
Fri Dec 01, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: I met my first Retirement Savings goal
Replies: 26
Views: 2835

Re: I met my first Retirement Savings goal

That is an amazing accomplishment given your age. Good job!
by grettman
Thu Nov 30, 2017 1:25 pm
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 370
Views: 45099

Re: Anyone tired of the stock market going up?

... Thinking of Time Lord Today as I see the Dow up +330 and the S&P is up 1% ...all on top of the gains earlier this week.
by grettman
Tue Nov 28, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 14930

Re: After financial independence, do you lose motivation for work?

surfstar wrote:
Tue Nov 28, 2017 10:50 am
I've never been motivated to work, which is why I'm going for FI :oops:
+1K
by grettman
Sun Nov 26, 2017 2:06 pm
Forum: Personal Investments
Topic: Gold?
Replies: 64
Views: 6145

Re: Gold?

When the you know what hits the fan, you just need one or more guns and plenty of ammo. Those items will help you keep what you have and help you acquire more from those who don’t have those tools.
by grettman
Fri Nov 24, 2017 3:47 pm
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 370
Views: 45099

Re: Anyone tired of the stock market going up?

I’m paying down my mortgage because I want to be debt free and with the market keep going up....why not hedge a little... I am also buying into my c,s, and I funds in TSP. I figure if I do both, I can’t do too bad...
by grettman
Fri Nov 24, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Discovered debt
Replies: 63
Views: 9181

Re: Discovered debt

Married for 25 years and this asteroid of a mess was just discovered. Wow. I am doubling down on my Thanksgiving "Thanks" for the relationship I have with my wife. So sad. Anyway, I agree with the poster above. I would liquidate a dime to fix this mess -- not yet. Has the problem that caused the deb...
by grettman
Fri Nov 24, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 12784

Re: Why does everyone keep increasing their international stock %?

AlohaJoe wrote:
Thu Nov 23, 2017 8:58 pm
You could try searching the forum and seeing the 10,000 previous threads of the topic of international investing.
For that matter, who needs the forums? just about every topic has been covered and we should just lock the whole thing down to read only... I mean why stop with this post?
by grettman
Thu Nov 23, 2017 6:34 am
Forum: Personal Investments
Topic: Finding a direction - What next?
Replies: 15
Views: 2213

Re: Finding a direction - What next?

You said two things that conflict with each other. You said you finished the Bogleheads Guide and you said you need to find an edge with more creative investing. "Creative investing" will most likely lead you to failure -- financially. The best thing you can do to get a head is (1) Continue to incre...
by grettman
Wed Nov 22, 2017 9:58 am
Forum: Personal Investments
Topic: How do you define success in your life?
Replies: 46
Views: 2728

Re: How do you define success in your life?

Success for me Is to enable my loved ones to achieve happiness and by that I also achieve happiness.
by grettman
Tue Nov 21, 2017 7:11 am
Forum: Personal Investments
Topic: How am I doing?
Replies: 16
Views: 2441

Re: How am I doing?

How long my have you been saving / investing at the rate you are now? Your expenses are low but it seems you may have only been saving at this rate for a short period of time?
by grettman
Tue Nov 21, 2017 7:10 am
Forum: Personal Investments
Topic: How am I doing?
Replies: 16
Views: 2441

Re: How am I doing?

How late my have you been saving / investing at the rate you are now? Your expenses are low but it seems you may have only been saving at this rate for a short period of time?
by grettman
Mon Nov 20, 2017 9:04 pm
Forum: Personal Investments
Topic: How am I doing?
Replies: 16
Views: 2441

Re: How am I doing?

What are your annual expenses.
by grettman
Mon Nov 20, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 22127

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I am a regular listener of Dave because I like money talk. The stories make it interesting. What DRIVES ME NUTs about his credit card advice is he says over and over "No one has gotten wealthy with credit card points / rewards". He misses the point when people call and ask him about this. They aren'...
by grettman
Sun Nov 19, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 4616

Re: Why I am not happy even with OK Net Asset

You might feel the way I do. While you have done well, it probably isn't anywhere close to where you need to be. You probably still have a long road a head of you. Some times I get down looking at far I have left to go. But it is important to look back and see how far you have come. I cam from a bro...
by grettman
Wed Nov 15, 2017 6:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12408
Views: 2142256

Re: U.S. stocks in freefall

Is the big one coming? 1% off the highs, and this is the question? :oops: I agree. The answer is so obvious that no question need be asked. This is it! ...Imagine when (and it could be tomorrow...or...maybe not) that we have one of those normal corrections. Many people will lose their minds! What a...
by grettman
Tue Nov 14, 2017 7:39 pm
Forum: Personal Investments
Topic: Borrowing against portfolio for home down payment
Replies: 12
Views: 2337

Re: Borrowing against portfolio for home down payment

You are getting good advice here. I would only offer --- do you have all of your bases covered (emergency fund, retirement accounts, and etc.)? Just because you can do what you want to do, it doesn't mean you should? I assume you have done all of this thinking but just want to check. Last thing you ...
by grettman
Tue Nov 14, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 6912

Re: Losing all of your savings.

It’s a shame that this board gets taken advantage of... this guy is a troll or is up to something.
by grettman
Sun Nov 12, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 250
Views: 36245

Re: Why pay cash for a car?

i don’t like debt. For some people, it works but I came from a family that is bad w money... I fear debt. I sleep well knowing I don’t owe money on cars and CCs. Working on paying off mortgage too. I just don’t want to play kissy face w banks... no thanks.
by grettman
Fri Nov 10, 2017 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 51064

Re: Did you tell anyone you paid off your mortgage?

It is always fun to see the "Anti-pay off the mortgage crowd" and the "pay off the mortgage crowd" get together very few posts and start bickering. I am paying down my mortgage and I will not tell a soul - except my wife. There is ZERO upside for providing this information but there are potential UN...
by grettman
Fri Nov 10, 2017 5:21 am
Forum: Personal Investments
Topic: How old are you and what size is your portfolio?
Replies: 33
Views: 5415

Re: How old are you and what size is your portfolio?

I am of average age, with a just a tad less than I need. I have a ways to go.
by grettman
Mon Oct 30, 2017 6:06 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 13593

Re: we bought a house - are we housepoor now?

Phineas Gage wrote:
Sun Oct 29, 2017 11:24 pm
Seems like you didn’t really want feedback on your “question” just a pat on the back.
+1
by grettman
Mon Oct 30, 2017 6:03 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 13593

Re: we bought a house - are we housepoor now?

I don’t know about house poor but if it were me, I would feel very nervous and uncomfortable. That kind of debt would make me feel trapped because my options, especially if life throws a curveball, would be limited. But that’s me. I see too many possibilities of things going sideways. Also, what if ...
by grettman
Sat Oct 21, 2017 7:23 am
Forum: Personal Finance (Not Investing)
Topic: 401k limit changes being considered- how likely is it and how much of an impact?
Replies: 28
Views: 4083

Re: Lowering 401k limits

Sounds like noise from market watch. I hope your not counting on uncle sam to help you out with investing for retirement. Look at social insecurity. :oops: Bingo. Need to find a better site or an app to get a read on pre-markets --- that is the only reason I go to market watch.com ...It has sooooo ...
by grettman
Thu Oct 12, 2017 4:02 am
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 5494

Re: Offensive Valuations

I guess all I saying is please if you are within 10/15 years of retirement please at least only have 100-your age in stocks...I'm also not a greedy idiot. Am I an idiot? 80/20 ... 50 years old ... < 10 years from retirement. :beerCheers, packet I am 90/10. 47 years old...depending How I am feeling ...
by grettman
Tue Oct 10, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 22340

Re: [Boglehead vs Mr Money Mustache philosophies]

Really not much difference from my perspective. MMM: 35 year old making $400k/year from his blog Boglehead: 35 year old making $400k/year as a doctor When MMM retired he did not have $400k/year in his wildest dreams. When a Boglhead doctor went to a medical school he expected to (eventually) make a...
by grettman
Mon Oct 09, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 20246

Re: Bogle himself is saying we will expect like 3% for the next decades

Yep as great as Jack Bogle his, his crystal ball is just as reliable as the talking heads on market watch, cnbc, and etc.
by grettman
Wed Oct 04, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 5594

Re: another 2 comma club member

CONGRATS!!!!

My wife yawns when I mention our financial nut.

Watching our assets grow is only something I get into but that’s okay... I am happy to have this forum as an outlet.
by grettman
Thu Sep 28, 2017 4:27 am
Forum: Personal Finance (Not Investing)
Topic: Bigger down payment or CDs?
Replies: 18
Views: 1958

Re: Bigger down payment or CDs?

I wouldn't pay 3.75% to a bank just so I can have money available to me.

If you are already at a risk level you are a comfortable with, have an emergency fund, and have reserves for "fun" and maximize your retirement -- strive to kill of that debt.