Search found 395 matches

by grettman
Sat Dec 31, 2016 9:53 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 407720

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

I am in the accumulation phase. Up 16% (includes principal I added though). I am 90% stocks/10% CDs.

This much better than 2015 where I was up only 4% (which included my contributions).
by grettman
Sat Dec 31, 2016 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 7117

Re: Delayed Gratification In Life & its fallacies

OP: You are delaying gratification too -- maybe not to the extreme as others... You are doing are a responsible financial manager of your resources...paying the bills, hitting all the reasonable savings goals and then having some fun with discretionary funds. You are delaying things in order to acco...
by grettman
Thu Dec 29, 2016 5:01 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 15186

Re: At what age, income, and NW would you buy a $50k car?

This question goes to show how bogleheads are not at all representative of the average consumer (pointing out the obvious of course). The rest of the USA has no problem extending themselves to a $50K car purchase while making $100K a year and with other debt. If one loves cars and has the stats the ...
by grettman
Tue Dec 27, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 7191

Re: Picking Individual Stocks Is Dangerous

Good Stuff!

It is a revalidation of why passive index investing is the right path (for me at least).
by grettman
Sun Dec 25, 2016 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I being smart with this car purchase?
Replies: 58
Views: 6360

Re: Am I being smart with this car purchase?

If an electric car uses electricity that is generated by coal or nuclear power then it is far from a zero environmental impact vehicle. Even if it is uses wind or hydroelectric power electricity it is using clean power that could have been used by someone else that is using coal electric power. Wat...
by grettman
Sun Dec 25, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Am I being smart with this car purchase?
Replies: 58
Views: 6360

Re: Am I being smart with this car purchase?

Watty wrote:You have over $100K in debt, were not able to max out your retirement accounts, and can't pay cash for the car.
That says it right there. You can't afford the car but as someone else said, it isn't a disaster. Just learn from it.
by grettman
Wed Dec 21, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Paying extra on mortgage
Replies: 27
Views: 3783

Re: Paying extra on mortgage

I am agressively paying down my mortgage which is 3.5%. I am putting an extra 2,000 dollars against it every month. Why do this instead of investing it? Because I am already very exposed to risk (90% in the market) and I keep plowing my 401K and IRA contributions into the market as well. So with lef...
by grettman
Wed Dec 21, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction
Replies: 23
Views: 3029

Re: Mortgage Interest Deduction

MN Finance wrote:What do you think? Did u try to Google home office deduction?

The snarkyness on this forum often gets tiresome. Technically, google can replace the entire site if one wants to go down that road.
by grettman
Wed Dec 21, 2016 8:47 am
Forum: Personal Finance (Not Investing)
Topic: How should I save for a car?
Replies: 9
Views: 1262

Re: How should I save for a car?

Don't invest it. You need it in the next couple of years and should expose it to risk. I found a CD at Navy Credit Union (thanks to this forum) that is an 18 month 2% CD which allows you to add funds. I think the deal is still going on. If you haven't done so already, I recommend you try to do a zer...
by grettman
Wed Dec 14, 2016 8:42 pm
Forum: Personal Consumer Issues
Topic: Shopping for a Replacement Roof bc of Hail Damage
Replies: 17
Views: 1962

Re: Shopping for a Replacement Roof bc of Hail Damage

Thanks everyone for the advice so far. I am glad I am getting these different perspectives. Even though most of the cost of this replacement will be at the cost of the insurance company, I need to be on my toes regarding quality, reputation and etc. Btw, can that fungus/mildew stuff that grows on ro...
by grettman
Wed Dec 14, 2016 1:45 pm
Forum: Personal Consumer Issues
Topic: Shopping for a Replacement Roof bc of Hail Damage
Replies: 17
Views: 1962

Shopping for a Replacement Roof bc of Hail Damage

Hi, My 18 year old roof was damaged over the summer due to hail. I just learned of this and opened an insurance claim. The insurance company agrees that it was damaged and agrees to cover the cost less the deductible (upfront they only pay a certain amount but will provide me the recoverable depreci...
by grettman
Tue Dec 13, 2016 8:06 pm
Forum: Personal Investments
Topic: Will it be better to move to Schwab from Vanguard?
Replies: 23
Views: 3708

Re: Will it be better to move to Schwab from Vanguard?

I have both. My main priority is low cost index investing that captures the total stock market. They both have them. I like banking with schwab ....something that vanguard doesn't do. I get atm fee rebates. That is nice. I suppose if I had the option, without tax consequences, I would switch to schw...
by grettman
Thu Dec 08, 2016 12:30 pm
Forum: Personal Investments
Topic: Addicted to investing?
Replies: 17
Views: 2573

Re: Addicted to investing?

The more you play, the greater the chance of screwing it up. Follow the advice of folks here and stick to passive. I agree that if this still drives you crazy, cut out about 1-5% as Mad Money so that you play along with Cramer or something. I have done this and regretted it so I am 100% passive and ...
by grettman
Wed Dec 07, 2016 1:26 pm
Forum: Personal Consumer Issues
Topic: Should I fill out survey evaluation of my boss?
Replies: 53
Views: 6304

Re: Should I fill out survey evaluation of my boss?

No. There is no benefit that could come to you as a result of doing so. You might rationalize doing it by saying it will make the supervisor a better person, improve the company and etc. but that is very highly unlikely and the probability of downside out weighs the possible upsides.
by grettman
Wed Nov 23, 2016 1:10 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 244
Views: 29322

Re: How many of you have cut cord?

Cut it 2 years ago and couldn't be happier with the decision. After Netflix and Amazon prime, I net about $150 in savings per month. With all the great content coming from Netflix and Amazon, I don't have time to keep up that ...much less TV channels. Football is solved with OTA antenna (sans Monday...
by grettman
Wed Nov 23, 2016 9:46 am
Forum: Personal Consumer Issues
Topic: How Much Housing Payment Can a Boglehead Afford?
Replies: 90
Views: 7480

Re: How Much Housing Payment Can a Boglehead Afford?

I make a $160K a year. If I had a $3.5K mortgage as your table suggests, I would have to stop funding our IRAs and of course there wouldn't be any taxable investing opportunities. So while technically it is affordable, the cost to my futre self would be too great for me to carry it. It should be not...
by grettman
Mon Nov 21, 2016 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 12080

Re: Do you track your net worth? How long have you done so?

I track it and update it at the end of each month. I modify the definition of net worth though -- I don't count the equity (or outstanding loan balance) in my net worth. I also don't count money that is going to be spent before retirement. Example: I don't count 529 plans, savings account for my car...
by grettman
Fri Nov 04, 2016 8:33 am
Forum: Personal Consumer Issues
Topic: Buying an Audi A4
Replies: 73
Views: 10399

Re: Buying an Audi A4

I plan on never buying an Audi based on the information I have read here. Ugh....sounds scary.
by grettman
Wed Oct 26, 2016 2:39 pm
Forum: Personal Consumer Issues
Topic: Apple purchase with Apple Financing?
Replies: 20
Views: 2858

Re: Apple purchase with Apple Financing?

Why owe someone money when you can pay cash? Investing the money instead unnecessarily introduces risk with little upside. Doesn't move the needle. I hate debt so I would pay cash. I have no experience with apple financing but if it is like the others, make sure you pay on time and before the terms ...
by grettman
Wed Oct 26, 2016 2:10 pm
Forum: Investing - Theory, News & General
Topic: "Fun Money" Allocation
Replies: 28
Views: 4639

Re: "Fun Money" Allocation

I tried what you are doing and regret it.

Every dollar is precious because I exchanged my finite time on this Earth to earn each of them. So "fun" money would go towards having fun -- not speculation.
by grettman
Wed Oct 26, 2016 1:58 pm
Forum: Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1913

Re: 25k to invest in CD or use for mortgage

Sharing your mortgage rate would probably help get some answers. Are you even itemizing? What do you pay in mortgage interest at your remaining balance... $4k/yr? That's not worth much to you at this point, and I would say don't factor it in at all. Or, if the mortgage interest is such a big deal t...
by grettman
Wed Oct 26, 2016 1:53 pm
Forum: Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1913

Re: 25k to invest in CD or use for mortgage

mortfree wrote:not much info to go by...

is 25k a lot of money for you?

If not, I'd put it towards the mortgage but only if this is your forever home.
Why does that matter? I hear this all the time and I don't understand why it has to be a forever home.
by grettman
Thu Oct 20, 2016 7:56 am
Forum: Personal Consumer Issues
Topic: Apple purchase with Apple Financing?
Replies: 20
Views: 2858

Re: Apple purchase with Apple Financing?

TOJ wrote:Maybe he likes to buy the best one available every 8 years. That is reasonable.
+1 I hang on to things for a very long time so when it is time to upgrade, I go all out (or mostly all out). My iMac is 8 years old and when I replace it, I will get a pretty nice one...
by grettman
Thu Oct 20, 2016 7:52 am
Forum: Personal Investments
Topic: How do you track your portfolio's performance?
Replies: 40
Views: 4365

Re: How do you track your portfolio's performance?

Like others have posted... I accept the results of the market. Since I run a lazy portfolio I don't see why I need to track its performance. I do, however, track my savings performance. My spending levels is something I have relatively complete control over so that matters most to me. I do like to t...
by grettman
Thu Sep 29, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 58
Views: 8958

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

I like reading MMM's website and the forums because I can find a few nuggets of tips and tricks. It also helped me become aware of wasteful spending and such. However, to go to his level (or anywhere close to it) would make me less happy. I think I have found a middle ground and have shed as much sp...
by grettman
Mon Sep 26, 2016 11:51 am
Forum: Personal Consumer Issues
Topic: Mechanics of Mortgage Prepayment
Replies: 7
Views: 697

Re: Mechanics of Mortgage Prepayment

Once your large principal only payment posts, you will only be obligated to pay interest at the agreed to rate for the remaining balance of principal. I am doing this now.
by grettman
Wed Sep 21, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 47403

Re: The Bogleheads' "100 Things Worth Every Penny" List

Quality hiking and camping gear
A trip to a national park (especially out west)
A good carbon bicycle
Guns (good ones that fit well in hand and are reliable)
by grettman
Tue Sep 13, 2016 10:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10289
Views: 1820227

Re: U.S. stocks in freefall

Further advanced my project to simplify my portfolio today...

Sold Apple (My ISP dictates that I sell off my individual stocks) which was up. (only made little bit of money...)

Bought VTI which was down.
by grettman
Mon Sep 12, 2016 12:06 pm
Forum: Personal Investments
Topic: Is anyone else feeling courageous enough to buy today?
Replies: 90
Views: 8663

Re: Is anyone else feeling courageous enough to buy today?

shakenbake wrote: There is no rhyme or reason to what I do. It makes no sense.
This will cost you dearly over the long term.
by grettman
Fri Sep 09, 2016 9:48 am
Forum: Personal Consumer Issues
Topic: Attic Fan for Ventilation
Replies: 11
Views: 1856

Re: Attic Fan for Ventilation

I have heard from several experts and I read on some government website (DoE?) that adding an attic fan to house with a ridge vent system is not recommended. I don't remember the details but I struggled between buying one or not buying one ....I go through this process about every couple of years an...
by grettman
Thu Sep 01, 2016 7:04 am
Forum: Personal Consumer Issues
Topic: How Does Your money Make Money?
Replies: 43
Views: 6568

Re: How Does Your money Make Money?

The easiest way is through stock market returns. It is very hard to see at first but as your portfolio grows you will one day be amazed by the compounding effect. I started to notice when from month to month I could gain (or lose) enough to buy a nicely equipment American made sedan. Aside from goin...
by grettman
Mon Aug 29, 2016 1:35 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 9406

Re: Rich Dad/Poor Dad Assets

...What I can't stand about the guy is that Market Watch, and other financial porn sites, pull him out occasionally and have online chats/Q&A. He typically says radical things that grabs headlines and clicks. Last week he did a Facebook interaction and basically said long term investors are foolish ...
by grettman
Tue Aug 23, 2016 9:19 am
Forum: Personal Finance (Not Investing)
Topic: What's worth more?
Replies: 28
Views: 3703

Re: What's worth more?

By joint life do you mean "survivorship" (i.e., If the Fed dies the survivor gets to receive pension until they die)? If so, do the $$ you are citing account for the fact you get a reduced pension to exercise this option? Personally I would rather have the $1M so that I can pass it on as legacy (wha...
by grettman
Mon Aug 22, 2016 2:27 pm
Forum: Personal Investments
Topic: How do you view debt?
Replies: 108
Views: 9421

Re: How do you view debt?

I'm extremely debt averse, to the point where I pay off our credit cards multiple times a month, even though I have never paid a penny of interest. It took me ~15yrs to complete my education (BS, MS, and PhD) because I was determined to never take out a loan (successful). We also are paying off our...
by grettman
Fri Jul 22, 2016 1:52 pm
Forum: Personal Consumer Issues
Topic: Visiting Acadia National Park - Tips?
Replies: 22
Views: 2421

Visiting Acadia National Park - Tips?

Hi All, We live in Virginia and I am out of ideas of where to take my family for a "big" vacation. We want to avoid flying because of the cost so I was looking on the east cost for ideas. We love national parks and fortunately, I have been able to punch a few off of my bucket list. We also like to h...
by grettman
Tue Jul 19, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: What to do with a bit of extra money each month? (UPDATED)
Replies: 41
Views: 4209

Re: What to do with a bit of extra money each month?

I am surprised that I don't see an emergency fund or some other savings in your post. Perhaps you forgot it. You should use the template. If you don't have an emergency fund or any other cushion, you should use those extra funds to establish one. BTW. I am surprised to see how low your mortgage paym...
by grettman
Tue Jul 05, 2016 11:04 am
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 19926

Re: What do you spend your money on???

I collect shares of Vti.
by grettman
Fri Jul 01, 2016 3:15 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 244
Views: 29322

Re: How many of you have cut cord?

Cut it a year and half ago. Regret that I didn't do it 5 yrs earlier. Netflix plus prime plus HDTV ANTENNA, plus the savings equals no brainer...
by grettman
Wed Jun 29, 2016 1:42 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, have we "arrived" ?
Replies: 70
Views: 8311

Re: Bogleheads, have we "arrived" ?

Op Hasn't arrived... Those who have, know it...

Those who haven't, feel the need to ask. If you want opinions on what you can do better, post the data using he prescribed format.
by grettman
Tue Jun 28, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: BREXIT - Whats the big deal?
Replies: 108
Views: 13921

Re: BREXIT - Whats the big deal?

Whakamole wrote:I thought politics was off-topic.
So did I. Maybe the rules are only AMERICAN politics? Interesting...
by grettman
Fri Jun 24, 2016 12:58 pm
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 151
Views: 20530

Re: International stocks in free fall

What? Me Worry" Life is Short. Make Sure You Laugh A Lot Today :mrgreen: :mrgreen: Agreed! ...And unless you and your family watch the financial markets together as a hobby and find it fun to discuss this at the dinner table, don't even say "Brexit" this weekend. Hug your kid, kiss a significant ot...
by grettman
Fri Jun 17, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: One more mortgage payoff thread...
Replies: 47
Views: 5128

Re: One more mortgage payoff thread...

Congratulations. As Dave would say, if you decide you don't like the paid off house, you can always mortgage it again. I am so torn on the subject. I don't know personally what I will do when I have the option to pay it off. I frankly don't think there is a right or wrong answer.
by grettman
Tue Jun 14, 2016 7:50 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 20666

Re: John Oliver covers retail investment industry on Last Week Tonight

I am happy that I read this thread because I pulled the plug on cable/satellite about 2 years ago and because of this thread I realized I can get some John Oliver action for free on my Apple TV. Thanks OP! I thought the segment was great. Those prudential commercials always made me sick and I am cer...
by grettman
Tue Jun 14, 2016 7:07 am
Forum: Investing - Theory, News & General
Topic: Inevesting Mistakes or Regrets
Replies: 49
Views: 6723

Re: Inevesting Mistakes or Regrets

What I did wrong: 1) Not realizing I could open up a Traditional IRA for my non-working wife and Roth IRA for myself. I have an employer 401K and thought that was all I could do. Didn't realize differently until about 4 years ago. Lots of lost opportunity to invest in a tax efficient way. 2) Picked ...
by grettman
Mon Jun 13, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Didn't Pay Off the Mortgage Today
Replies: 85
Views: 10710

Re: Didn't Pay Off the Mortgage Today

I paid off the mortgage on my primary residence a long time ago. But if I knew then what I know now, I would have kept the mortgage and invested what I spent to pay it off. It depends....I did the opposite in 2008, and invested a sum that I could have used to reduce my mortgage on a house I purchas...
by grettman
Mon Jun 06, 2016 2:33 pm
Forum: Personal Investments
Topic: Secular Stagnation - How to invest?
Replies: 22
Views: 3589

Re: Secular Stagnation - How to invest?

... Yes, I'm a believer in Boglehead thinking , but... For example, if the world is stuck in secular stagnation for a decade or longer, then it would have been better to invest in high yielding 8%+ investments, so that even if there is no real growth you still make good returns after inflation & ta...
by grettman
Tue May 31, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 17187

Re: Early retirement and opportunity cost, by Harry Sit

I think I understand the concept but I keep having a problem with applying a cost to freedom. We aren't just talking about time, which does have a cost, but when an early retiree wakes up and has the freedom to choose, the thought of comparing that to an alternative at a cost level just hurts my hea...
by grettman
Wed May 25, 2016 1:51 pm
Forum: Investing - Theory, News & General
Topic: This Bull Seems to be Getting Pretty Long In the Tooth
Replies: 76
Views: 9721

Re: This Bull Seems to be Getting Pretty Long In the Tooth

synpacket wrote:I think the point of having an AA is that you can then not worry about how the market is doing. But to adjust your AA because of how the market is doing seems like a mistake.
+1
by grettman
Thu May 12, 2016 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employee looking for suggestions
Replies: 15
Views: 2437

Re: Federal Employee looking for suggestions

I am a long time fed and the rules prohibit them from matching your salary. There are some cases where they have flexibility like if you were applying for a federal job that is in a pay band system (e.g., FAA). If going GS to GS, you have no options as far as negotiations on salary are concerned but...
by grettman
Wed May 11, 2016 9:08 am
Forum: Personal Consumer Issues
Topic: Is a home disaster looming? sump pump running constantly please help!
Replies: 46
Views: 20854

Re: Is a home disaster looming? sump pump running constantly please help!

I don't have anything to offer other than the fact I understand how you feel and I hope you get this resolved. I am a worrier by nature and when I have been in similar situations it has ripped me inside and out. Good luck. Try to stay positive.