Search found 23523 matches

by Grt2bOutdoors
Fri Jul 30, 2021 4:55 pm
Forum: Investing - Theory, News & General
Topic: Close to retirement - locking in gains with each new market high
Replies: 119
Views: 8067

Re: Close to retirement - locking in gains with each new market high

At this insane stock valuation, you are doing the right thing. But, you must have saved more than 25X. Heh, why do you say that? A true Bpglehead with 16,937 posts does not retire with 25X. They usually retire with 100X. Heh... good point... But I'm a 25x proponent. But here, I am, at 26x, maybe 27...
by Grt2bOutdoors
Fri Jul 30, 2021 11:22 am
Forum: Personal Consumer Issues
Topic: How to find a Genetic Counselor
Replies: 6
Views: 551

Re: How to find a Genetic Counselor

Local major teaching hospital. Large and prestigious might help, though you might find a few gems in smaller hospital settings.
by Grt2bOutdoors
Fri Jul 30, 2021 9:28 am
Forum: Personal Investments
Topic: Creating a portfolio as we retire
Replies: 11
Views: 1464

Re: Creating a portfolio as we retire

Your key words - if the market falls, we will panic but won’t sell. Either 65/35 is too aggressive for you OR you will panic and fail to rebalance as required. In light of that, consider a one fund diversified portfolio- either Lifestrategy Moderate Growth, Wellington or Balanced Index. Research the...
by Grt2bOutdoors
Fri Jul 30, 2021 5:53 am
Forum: Personal Investments
Topic: Single stock non-inheritance windfall – $440k of ORLY all in my name
Replies: 33
Views: 3179

Re: Single stock non-inheritance windfall – $440k of ORLY all in my name

There's no way to dodge the tax if its in your name and not in a retirement account. Real shame it wasn't purchased in a Roth IRA. I would take it out of Merril Lynch as you're likely paying an AUM fee for them to be a custodian of a single stock. Somewhere like Schwab or Fidelity would be free. Yo...
by Grt2bOutdoors
Thu Jul 29, 2021 1:44 pm
Forum: Personal Consumer Issues
Topic: Any literature on the financial benefits of staying fit/healthy?
Replies: 47
Views: 2767

Re: Any literature on the financial benefits of staying fit/healthy?

Eating healthy is cheaper than eating junk food. Junk food is very, very cheap. Eating healthy is cheap, too. You just have to buy raw ingredients rather than "healthy" prepared dishes. Oats, beans, rice, fresh/frozen produce, etc are all dirt cheap, at least in my 250k city. Rice and bea...
by Grt2bOutdoors
Thu Jul 29, 2021 1:43 pm
Forum: Personal Consumer Issues
Topic: Any literature on the financial benefits of staying fit/healthy?
Replies: 47
Views: 2767

Re: Any literature on the financial benefits of staying fit/healthy?

You don’t need literature. Pick up the phone and ask your local dentist how much it will cost you for a root canal, a crown or treatment for periodontal disease. You think I’m kidding? That alone should provide strong motivation to reduce consumption of certain things and practice good habits. In th...
by Grt2bOutdoors
Wed Jul 28, 2021 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep pre-marital assets separate, while still contributing?
Replies: 68
Views: 4666

Re: How to keep pre-marital assets separate, while still contributing?

Say that I have an inheritance that I’ve kept in a separate account, but received the inheritance after I got married. How can you "keep" an inheritance then later receive it? But let's suppose that's what happened, then the inheritance is likely to be a marital asset at that point. The i...
by Grt2bOutdoors
Wed Jul 28, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: One month, still no counteroffer [job]
Replies: 79
Views: 5830

Re: One month, still no counteroffer [job]

What do you care? Oh, I'm just asking out of curiosity. If there were a counteroffer in process your manager would have kept you up to date proactively, because he would have asked (1) the details of your external offer, so that he knew what he had to beat, and (2) when your accept date and start d...
by Grt2bOutdoors
Wed Jul 28, 2021 12:06 pm
Forum: Personal Investments
Topic: Conservative Dividend Investing
Replies: 32
Views: 2590

Re: Conservative Dividend Investing

Try these for individual stocks - SO utility - only one of 2 utility stocks chosen by most large dividend funds. Completing a nuclear reactor installation for the future. T ( AT&T) - 7% dividend, little LT debt, large company. IP Intl Paper - supplies Amazon with shipping boxes. Amazon now twic...
by Grt2bOutdoors
Wed Jul 28, 2021 11:58 am
Forum: Personal Finance (Not Investing)
Topic: One month, still no counteroffer [job]
Replies: 79
Views: 5830

Re: One month, still no counteroffer [job]

So they purposefully don't want people to stay? So that they can spend money on hiring, training, and pay more wages? What do you care? You interviewed for a new job, you got it. Think back to why you interviewed in the first place, you are dissatisfied with your current role and want a better oppo...
by Grt2bOutdoors
Wed Jul 28, 2021 11:54 am
Forum: Personal Finance (Not Investing)
Topic: One month, still no counteroffer [job]
Replies: 79
Views: 5830

Re: One month, still no counteroffer

Don’t work for a place like this. Either they don’t give a rip about you, in which case you should leave. Or they are institutionally incapable of doing the most basic things (like communicating ), in which case you should leave. I know you're making it sound dramatic, but it really does feel like ...
by Grt2bOutdoors
Wed Jul 28, 2021 7:24 am
Forum: Personal Investments
Topic: Conservative Dividend Investing
Replies: 32
Views: 2590

Re: Conservative Dividend Investing

It is true that dividends are more stable than prices but that is really not relevant except psychologically. Is that stability in terms of yield (i.e., percentage) or in dollar terms (dollars/share)? A lot of times I see pro-dividend folks saying that the yield of stock X only declined 20% during ...
by Grt2bOutdoors
Wed Jul 28, 2021 7:16 am
Forum: Personal Investments
Topic: Conservative Dividend Investing
Replies: 32
Views: 2590

Re: Conservative Dividend Investing

I finally have quite a bit of money in savings and a high savings rate so I am ready to add some significant money to my investment portfolio. My plan is to just keep a wad of cash and a portfolio of safe, conservative dividend stocks. I started investing many years ago after reading the stories of...
by Grt2bOutdoors
Mon Jul 26, 2021 2:05 pm
Forum: Investing - Theory, News & General
Topic: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"
Replies: 33
Views: 4002

Re: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"

so i read the article. the headline is not something she said. i don't think there is any useful advice but this quote is interesting "MICHELLE CONNELL: It's probably the same question or concern that investors are discussing or a consumer in the store-- like, yesterday I was in a store in Dal...
by Grt2bOutdoors
Mon Jul 26, 2021 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep pre-marital assets separate, while still contributing?
Replies: 68
Views: 4666

Re: How to keep pre-marital assets separate, while still contributing?

You are planning on having kids? Go see an attorney. In the event of a divorce, the courts will be looking to see there is support for the child - you think your assets are off limits? :) Good luck with that......
by Grt2bOutdoors
Mon Jul 26, 2021 7:05 am
Forum: Investing - Theory, News & General
Topic: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"
Replies: 33
Views: 4002

Re: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"

runninginvestor wrote: Mon Jul 26, 2021 6:53 am She's not just an analyst, she's an owner/president of a capital management company and adjunct professor in finance.
She’s really going out on a limb with that prediction. :oops:
by Grt2bOutdoors
Sun Jul 25, 2021 7:46 am
Forum: Personal Investments
Topic: Buying I Bonds for Children
Replies: 2
Views: 369

Re: Buying I Bonds for Children

You aren’t buying $40k, you are buying $20k for you and spouse. The other $20k is broken into a $10k completed gift to each of your children. Yes, they are subject to a 12 month minimum holding period. Also, if you cash them out at any time after 12 months, a message box appears on the screen tellin...
by Grt2bOutdoors
Sat Jul 24, 2021 8:49 am
Forum: Personal Investments
Topic: Help select best 401k bond fund
Replies: 28
Views: 2512

Re: Investment planning and best way to deploy lump sum

I'm trying to figure out where to keep my bond allocation of my desired AA for bonds is 10%. My 401k IMO has pretty bad options. The Total Bond Market Fund (JTBMX) (ER 0.31%) https://markets.ft.com/data/funds/tearsheet/ratings?s=JTBMX I'm currently invested in has really bad performance the more I ...
by Grt2bOutdoors
Sat Jul 24, 2021 8:43 am
Forum: Personal Investments
Topic: Saving for College: 14 Year Timeline: Bond Fund in 529 vs I Bonds
Replies: 29
Views: 3085

Re: Saving for College: 14 Year Timeline: Bond Fund in 529 vs I Bonds

We stay 100% equity until maybe 2 years prior to need. Since we were over funded, we stayed that way for both our son's, and now should have enough for 3 to 4 grandchildren. That's such a good problem to have! Our current plan is to have just enough in 529 to cover 2-3 years at our state flagship a...
by Grt2bOutdoors
Sat Jul 24, 2021 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Cleaning Financial House with Birth of Child
Replies: 10
Views: 1185

Re: Cleaning Financial House with Birth of Child

Take the $3k from the betterment account and open account with either Schwab or Vanguard-buy the total us stock market and let it ride. Schwab has a no minimum child’s account but depending on state law you would have to retire the account to child at either age 18 or 21. If that’s not to your likin...
by Grt2bOutdoors
Sun Jul 18, 2021 7:10 am
Forum: Personal Investments
Topic: Redeem EE Bonds that have reached original maturity?
Replies: 19
Views: 2438

Re: Redeem EE Bonds that have reached original maturity?

For anyone who has paper bonds that they are considering converting to electronic, please read the above and all the hoops needed to jump through. I ONLY have paper bonds. $400k worth. Something else to consider. When you die, how will your heirs even know you had bonds if electronic? With paper, a...
by Grt2bOutdoors
Sat Jul 17, 2021 11:55 pm
Forum: Personal Investments
Topic: Why does everyone recommend maxing out retirement 1st
Replies: 59
Views: 7263

Re: Why does everyone recommend maxing out retirement 1st

If you can't afford to save for retirement, you probably can't afford to save for short-term goals either. That's the reason behind the rule of thumb - your situation may well be different, but you asked why that's the general recommendation, so there's your answer. It’s always been confusing to me...
by Grt2bOutdoors
Sat Jul 17, 2021 11:50 pm
Forum: Personal Investments
Topic: Why does everyone recommend maxing out retirement 1st
Replies: 59
Views: 7263

Re: Why does everyone recommend maxing out retirement 1st

Moderation and knowing ones self priorities is important. You can balance your savings/investments to achieve your goals by utilizing a variety of strategies. Money is fungible. If you have expertise in say oil wells and have opportunity and insight that others lack, you would likely move to take ad...
by Grt2bOutdoors
Sat Jul 17, 2021 9:34 pm
Forum: Personal Investments
Topic: How to maximize returns in a short time with low risk
Replies: 33
Views: 2721

Re: How to maximize returns in a short time with low risk

Maximize returns with low risk? - $499,998 in two high yield savings accounts, $2 on tonight's Powerball - hurry, the drawing is soon! Other than that, nothing legitimate will get you returns of 2-3 percent or 4-6 percent annualized in 6 months time with low risk. It's a pipe dream. Far easier to ta...
by Grt2bOutdoors
Sat Jul 17, 2021 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: My house isn't selling
Replies: 228
Views: 36476

Re: My house isn't selling

Still no showings (forget offers, can't even get showings), even after a $12k price cut. One lowball offer of $35,000 under asking price. Not a serious offer for a house on the market less than 2 weeks. This is so depressing. Every time I mention to people we are selling our house, the comments are...
by Grt2bOutdoors
Sat Jul 17, 2021 9:20 pm
Forum: Personal Consumer Issues
Topic: Why Does No One Talk About Sales Tax When Considering Locations to Retire?
Replies: 136
Views: 7993

Re: Why Does No One Talk About Sales Tax When Considering Locations to Retire?

Wisconsin: 5.5% sales tax that exempts food, clothing and a lot of other things. Property taxes on a $230,000 house close to $5,000/year. Alabama: 10% sales tax that exempts nothing. Property taxes on similar value house around $1,000. Pick your poison. They're going to get it from you one way or a...
by Grt2bOutdoors
Sat Jul 17, 2021 9:15 pm
Forum: Personal Consumer Issues
Topic: Why Does No One Talk About Sales Tax When Considering Locations to Retire?
Replies: 136
Views: 7993

Re: Why Does No One Talk About Sales Tax When Considering Locations to Retire?

Because we are a very miserly bunch who never spend our enormous piles of surplus money…… That or our indulgences are such that it doesn't require much in the way of money to obtain fulfillment in life. I don't look at sales tax because right now in comparison to my property taxes, sales taxes don'...
by Grt2bOutdoors
Sat Jul 17, 2021 2:57 pm
Forum: Personal Investments
Topic: Manging a taxable brokerage 5-7 year portfolio strategy
Replies: 4
Views: 744

Re: Manging a taxable brokerage 5-7 year portfolio strategy

You hold bonds for return of principal and ballast for rebalancing and minimizing volatility. You hold equity for returns on principal but doing so will most certainly provide a thrilling ride. You adding QQQ just adds highly priced concentrated assets that are all included in the total stock market...
by Grt2bOutdoors
Sat Jul 17, 2021 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Working after Financial Independence
Replies: 273
Views: 20243

Re: Working after Financial Independence

Ironically, a recruiter for a part time consulting intermediary contacted me yesterday (via LinkedIn profile) and asked if I would join their network of advisors available for hourly consults on topics within their expertise and experience. Anyone have experience with GL Group Consulting? Seems lik...
by Grt2bOutdoors
Sat Jul 17, 2021 2:17 pm
Forum: Personal Investments
Topic: Investing for future income
Replies: 24
Views: 2386

Re: Investing for future income

Having said all of this, there are folks out there who seem to be born to be landlords. It can be a successful endeavor but in the final analysis, it is a business, a business that needs to be managed. Some folks are good at it and others are not. This approach is very different from the white coll...
by Grt2bOutdoors
Thu Jul 15, 2021 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Have tenants been paying rent?
Replies: 16
Views: 2769

Re: Have tenants been paying rent?

Here's the issue - you buy a duplex, you need to find tenants if they don't come with tenants already there. In this environment, you have to be cognizant that regardless of lifting of moratorium or expiration dates, that things can be extended and sometimes indefinitely. Even if they are not, it on...
by Grt2bOutdoors
Thu Jul 15, 2021 12:18 pm
Forum: Personal Investments
Topic: Savings Bonds Annual Purchase Limit Enforcement
Replies: 7
Views: 748

Re: Savings Bonds Annual Purchase Limit Enforcement

I would take the US Treasury at their word that they will enforce the annual purchase limits. If you make multiple purchases and they total $10k, the system is going to prevent you from buying more than that in total. That could include barring further purchases from the repeat offender in the futur...
by Grt2bOutdoors
Wed Jul 14, 2021 4:37 pm
Forum: Personal Investments
Topic: Portfolio Advice for a Very Late Bloomer
Replies: 18
Views: 2544

Re: Portfolio Advice for a Very Late Bloomer

You have a 50 percent pension, do you qualify for social security? You have time to accumulate enough to retire. You are living on 85 percent gross and likely a lot less than that net. You earn 100%, save 15% pre-tax, pay taxes of 26.5 percent and that doesn’t include social security if you are elig...
by Grt2bOutdoors
Wed Jul 14, 2021 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a child's college in this day and age
Replies: 41
Views: 4014

Re: Financing a child's college in this day and age

You’d be surprised but out of state private can match in state schools cost of attendance. I believe your son is going to college with little if any in way of debt at select schools.
by Grt2bOutdoors
Tue Jul 13, 2021 8:27 pm
Forum: Personal Investments
Topic: Asset Allocation for a 24 year old?
Replies: 22
Views: 1257

Re: Asset Allocation for a 24 year old?

At your age, consider holding either S&P 500 or Total Stock Market index. The S&P 500 has a .99 correlation to the Total Stock Market index. Sorry for your loss but generous of your benefactor to leave you that bequest. Depending on your risk tolerance i would continue buying into equities h...
by Grt2bOutdoors
Tue Jul 13, 2021 8:22 pm
Forum: Investing - Theory, News & General
Topic: Federal Reserve Purchase of TIPS
Replies: 36
Views: 2680

Re: Federal Reserve Purchase of TIPS

RubyTuesday wrote: Tue Jul 13, 2021 8:18 pm According to this page at the Treasury, the TIPS market is “over 550 million”
https://www.treasury.gov/resource-cente ... /tips.aspx

Page may not be up to date. Trying to find something that reports the data better.
Billion, not million.
by Grt2bOutdoors
Tue Jul 13, 2021 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Special assessment advice
Replies: 44
Views: 2224

Re: Special assessment advice

Have you reviewed your Reserve Study? Does your condo even have a reserve study? If not, lobby to get one done. They tend to be cheap. Basically, a engineer does a assessment of your building and its capital projects. Roof has X years with a replacement cost of %$Y, etc. They then construct a sched...
by Grt2bOutdoors
Mon Jul 12, 2021 12:40 pm
Forum: Personal Investments
Topic: Is this a smart plan?
Replies: 10
Views: 977

Re: Is this a smart plan?

Have you considered that banks have been known to close home equity lines of credit whenever they feel like it?
by Grt2bOutdoors
Sun Jul 11, 2021 4:22 pm
Forum: Personal Consumer Issues
Topic: Dark chocolate addicts: how much do you eat?
Replies: 75
Views: 6774

Re: Dark chocolate addicts: how much do you eat?

I'm currently experimenting with the 95% and 90% Lindt chocolates. The 95% is on the upper end of my range, but OK. I think the overall quality is a bit lower than Ghirardelli (doesn't offer 95% or 90%, but that's the general sense I get). I also tried a small hunk of Trader Joe's 72% chocolate. No...
by Grt2bOutdoors
Sun Jul 11, 2021 9:47 am
Forum: Personal Investments
Topic: Asset Mix Question: Bogle Vs. Merriman
Replies: 31
Views: 2450

Re: Asset Mix Question: Bogle Vs. Merriman

If you feel strongly about small value, you may consider a 10 percent slice to it. Otherwise, a 3 fund portfolio can work just fine for most people. Having an Investment Policy Statement can help you spouse upon your untimely demise. Even if you go with the 3 fund portfolio, I suggest you still crea...
by Grt2bOutdoors
Sat Jul 10, 2021 10:21 pm
Forum: Personal Investments
Topic: Today's WSJ article on "Little-Know Back Door Trick"???
Replies: 139
Views: 17673

Re: Today's WSJ article on "Little-Know Back Door Trick"???

This is not a loophole and it’s not a trick. The WSJ ought to be ashamed of themselves, I guess I expected too much in terms of the editing team. The real trick is the disservice to the subscribers to the Journal including myself. I'd love to use it but my employer does not and will not offer it. S...
by Grt2bOutdoors
Sat Jul 10, 2021 10:16 pm
Forum: Investing - Theory, News & General
Topic: The first time in my investing life I'm "fearful"
Replies: 130
Views: 18923

Re: The first time in my investing life I'm "fearful"

Bogle was pretty conservative. He was a fan of 60/40 or 65/35 and I saw in a YouTube clip he said it was fine to take it down to 50/50 if valuations get too high. Here is the clip: https://m.youtube.com/watch?v=oJynLAvzccc +1 I'm 49 and plan on working for at least another 15 years. I don't like a ...
by Grt2bOutdoors
Sat Jul 10, 2021 7:58 am
Forum: Personal Investments
Topic: Today's WSJ article on "Little-Know Back Door Trick"???
Replies: 139
Views: 17673

Re: Today's WSJ article on "Little-Know Back Door Trick"???

I have a couple questions: 1- What's the advantage of the immediate conversion from pre-deduction 401K funds to Roth? Can someone simply contribute all year and perhaps convert once a year, or even several years? The article is referring to the immediate conversion or once per year conversion of af...
by Grt2bOutdoors
Sat Jul 10, 2021 7:42 am
Forum: Personal Investments
Topic: Today's WSJ article on "Little-Know Back Door Trick"???
Replies: 139
Views: 17673

Re: Today's WSJ article on "Little-Know Back Door Trick"???

I’m kind of annoyed at the WSJ with the clickbait title. First of all, it’s not a loophole. It is a loophole. Otherwise you wouldn't need a "backdoor." The average Joe with a 401k with an after-tax feature that permits automatic conversion into Roth 401k (not all plans are set up this way...
by Grt2bOutdoors
Sat Jul 10, 2021 12:04 am
Forum: Investing - Theory, News & General
Topic: Tax Sheltered Savings - When to dial it back?
Replies: 57
Views: 6204

Re: Tax Sheltered Savings - When to dial it back?

Beware of the widow tax trap. I would start diversifying and put into roth. 35% taxes is OK. The delta is not that big, but at least when one of the spouse dies then you're in better shape Sorry, what is the widow tax trap? It's a boogeyman around here and until I did the math on both the odds and ...
by Grt2bOutdoors
Fri Jul 09, 2021 11:54 pm
Forum: Personal Investments
Topic: Today's WSJ article on "Little-Know Back Door Trick"???
Replies: 139
Views: 17673

Re: Today's WSJ article on "Little-Know Back Door Trick"???

With the story about Thiel’s billion dollar Roth account and wider awareness of Roth loopholes, I’m wondering how much longer the loopholes will last. It has the feel of when credit card spending tricks get too popular before being shut down. I’m kind of annoyed at the WSJ with the clickbait title....
by Grt2bOutdoors
Fri Jul 09, 2021 5:03 pm
Forum: Investing - Theory, News & General
Topic: Tax Sheltered Savings - When to dial it back?
Replies: 57
Views: 6204

Re: Tax Sheltered Savings - When to dial it back?

We are currently in the 35% tax bracket. I am hopeful it will be lower than that at RMD age. Even if you double your 2.5 million 401k’s over the next ten years, RMD’s on that total amount still won’t push you into the 35% bracket. In addition to that fact, you will have twelve years if you retire a...
by Grt2bOutdoors
Fri Jul 09, 2021 3:25 pm
Forum: Personal Investments
Topic: 401K Loan to Roth IRA
Replies: 19
Views: 1247

Re: 401K Loan to Roth IRA

Would you take a personal loan out to fund an IRA? What you propose is just about the same only worse. You are borrowing pre-tax dollars and paying it back with after-tax dollars and paying yourself interest on top of it. If you lose your employment the loan becomes due and payable shortly thereaft...
by Grt2bOutdoors
Fri Jul 09, 2021 3:23 pm
Forum: Investing - Theory, News & General
Topic: Tax Sheltered Savings - When to dial it back?
Replies: 57
Views: 6204

Re: Tax Sheltered Savings - When to dial it back?

What is your current tax bracket? What will it be when RMDs start? We are currently in the 35% tax bracket. I am hopeful it will be lower than that at RMD age. To be in the 35% tax bracket in retirement suggest your taxable income will be taxable income of $420K-628K in retirement. I don't see that...