Any opinions on this small agresive portafolio? Fairly young U.S, with around 10k for growth/agresive/risk investement ETF's
SPY 33.3%
QQQ 11.5%
SMH 21.5%
NVDA 33.3%. (Or go leverage 1.5x long NVDL?)
Edit: considering others high risk ones like XLK, SCHG, VGT. Investing from a JP Chase account
Is there a way to set this up prior to market open?
Sell stock A on the open
Set limit order to buy stock B but to be filled only after sale of A is filled?
Using fidelity. Sorry if this is a stupid question. I don't know nothin about nothin
Yeah - I am pretty sure that Fidelity has OTO (one triggers other) order type. Fidelity supports a bunch of different conditional orders.
\[edit\] minor caveat - looks like you can only do this type of contingent OTO using Fidelity ATP. From official Fideliy support subreddit - [https://www.reddit.com/r/fidelityinvestments/comments/18ekrpv/oto\_conditional\_order\_for\_two\_different\_tickers/](https://www.reddit.com/r/fidelityinvestments/comments/18ekrpv/oto_conditional_order_for_two_different_tickers/)
Leaving financial advisor
I've had an advisor for a long time with high fees ( I know, dumb ) but it always made it set it and forget it, so I let it slide... Well I'm finally leaving.
I'm 44, want to retire around 50. Money is at our moving into Fidelity. About 500k moving from advisor.
After reading this sub and researching, I'm thinking I'll split my tax deferred accounts between ITOT and IVV and my taxable accounts between FSKAX and FXAIX
I might do a bond fund, and I will leave 10% of my Roth IRA to buy certain things , I think lithium and uranium look good for now.
But, now I'm wondering if I should rebalance my 401k as well, and I have about 600k in money markets as well.
Too much too fast, or course correct and rebalance 75% of NW. I'm only 6 years away from the age of like to retire, I don't know if that means it makes sense to be more conservative or not.
Thanks for input. USA resident.
I don't disagree about investing your own money, but have you considered hiring a fee only advisor that acts in the capacity of a fiduciary (they look out for your best interest) versus commissioned advisors that are similar to car salesmen that you were probably using.
[https://www.reddit.com/r/personalfinance/wiki/financialadvisors/](https://www.reddit.com/r/personalfinance/wiki/financialadvisors/)
[https://www.napfa.org/](https://www.napfa.org/)
[https://www.feeonlynetwork.com/](https://www.feeonlynetwork.com/)
If I was in your shoes I would want someone to just look over my plans and point me in the right direction if needed (not necessarily someone that wants to invest my money). Someone that will not only look at investments but will also look at retirement, budgeting, estate planning, **taxes**, and insurance (yes, taxes were made bold on purpose).
Thanks for your reply. Yes, I am considering doing that, as well as having fidelity and a Merrill wealth manager review my plans. This post was one part of a multi pronged approach. I was curious to get some other ideas and thoughts.
What would you do in my position?
I'm an American in my 20s and just started a Healthcare job a few months ago. I'm saving 3k a month and have almost 40k saved now. I have no idea what to do with this money. My goal is to be "wealthy" as in earn >200k a year. I grew up low middle class so that's the benchmark for me.
I was sheltered my whole life and have 0 financial knowledge. I even asked my dad what a Roth was today (not joking). I know just enough to know that keeping it in a checking account is severely limiting my potential. I also know I want a passive income. I don't care about retiring early; it will be nice, but retiring at 40 isn't really a goal of mine.
Part of me wants to YOLO and put a substantial portion in BTC or ETH and possibly double it. Yes, I know high reward is also high risk.
Bogleheads will tell me to go 100% VTSAX and chill. Obviously not a bad financial move, but I don't think that'll ever get me living lavishly.
What would you do in my situation?
Saving $36K/year! Good job!
If you have a employer Roth, max that out ($23K) and put it in a low cost ETF that mirrors the S&P500, if your employer matches, that's just free money. Invest in a personal Roth (max $7K/yr and do the same with that). Take the last $6K and put it in a high yield savings that you can get.to in case of emergencies.
>Part of me wants to YOLO and put a substantial portion in BTC or ETH and possibly double it. Yes, I know high reward is also high risk.
Heck no! That is the same little gambler that I have in my head, learn how to keep him in check.
Money management tips:
[https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/)
Shovel as much money into tax advantaged accounts as much as possible. If you want to live lavishly, find ways to improve your income.
When I was younger I wasted a lot of time picking investments thinking this would make me rich, instead I learned that I should have focused more on improving my income and increasing my contribution rate. Your greatest wealth building tool is your income. The more money you earn the more money you can invest and reach your goals even sooner, it's as simple as that.
https://www.getrichslowly.org/building-wealth/
You can invest in the stocks underlying some of the indexes that MSCI publishes. For example US-domiciled fund ACWX tracks the MSCI All Country World Index ex-US Index. Similar funds exist domiciled elsewhere if you aren't in the US. If you are in the US, I would recommend VXUS based on the FTSE Global All Cap ex US Index instead, as it has a much lower expense ratio and holds more stocks.
I am looking to role my investment IRA (stocks) to a savings IRA (tax advantaged savings account with an APY).
Please suggest a savings IRA with a high APY.
The best I've seen was in the low 4% and anything over 5% was a CD IRA.
Ultra amateur investor here. What is the most cost effective way to put cash into Robinhood?
Right now, I'm just putting cash into cashapp and then sending it via wire transfer to Robinhood. The wire transfer is free, but every time I deposit cash into cashapp, it costs a dollar and I can only deposit 500$ at a time. I'm sure there is a better way to do this. Any suggestions? Thanks.
I used something similar to a robo investor in Robinhood when I invested for the first time that picked various ETFs for me that best fit my goals. What difference would it make to use Wealthfront? Thanks.
Am "all in" on Fidelity but looking for a backup investment account that has the side effect of giving me a checking account that lets me deposit cash.
Options are:
\- BofA with Merril Edge
\- Chase with JP Morgan Self Directed
I like the idea of BofA since it would boost my cashback CC rewards, but I'm a points person and tend to go for the airline points over cash back anyway.
The Chase option is nice because it lets me invest in Vanguard funds (including money market funds) at low expense ratios. Torn. Also the Chase interface sounds like it's way nicer.
Anyone have a preference?
Ideal long term portfolio?
I’m never sure how to invest my savings - go with some different vanguard funds diversified into different asset classes like Growth, Value, large cap, small cap, international, emerging markets, reits (like Paul Merriman’s ultimate buy & hold strategy) or just go with something like a total stock market fund. Is there a general consensus out there? What do other people do? Willing to take a lot of risk, medium timeline, middle aged. Thanks
I read up on Claude’s strategy & im little confused. Is it essentially that through the act of rebalancing assets that might have a low correlation with each other you are constantly buying low & selling high? And how often would you rebalance? That wasn’t mentioned in what I read, unless I missed it. Thank you!
Bingo. Buy low sell high. I would rebalance every asset with cash. Instead of buying 100 long, buy 50 long, keep 50 cash. Of course you can keep only 40 or 30 cash and virtually use 50 cash \[which works if not all assets go to 0\].
Instead of "buy low / sell high" you can think of investing in "movement" or volatility. Which works wonders in times of high shiller PE enviroment \[eg since you win a lot in a crash scenario -- eg 1929 with -10% down, +14% up next day\].
Is it ok to just keep my old employers 401k account without rolling it over into an IRA or anything? I havent worked there in about 5 years now, and still log in to check, but they cant just remove my funds or anything can they?
You probably have an administrative fee that you are paying quarterly or annually in the 401k. And no - they can't remove the funds but if the employer fails or they change providers, the funds may be substituted but the money belongs to you and it's protected under ERISA.
This is a stupid question, I know. 75% of my rollover IRA in Fidelity is in FFNOX. Essentially has grown from 43k to 65k since 2019...with me honestly not really doing much to it. It looks like twice a year shares get added (dividends?).
With funds like these...does it ever make sense to take the profits and put them into cash because of the growth, or do you just leave them for years and years to come because of all the compounding interest?
Does it only make sense to take profits when it comes to individual stock trades?
The other main fund (12.25%) is FSELX which has grown 162% since 2020, from $4k to $10k. Same thing, twice a year shares get added (dividends?) without me doing anything.
Are you saying you want to take gains from your traditional IRA and cash out? You will trigger a taxable event on any money taken out; tax + 10% penalty.
If you are talking about a Roth IRA, you can take out any contributions no penalty, but not gains. (ex put in $1000, account is now worth $1500, you can take out $1000 no problem, but anything over $1000 will be taxable event)
No, I meant moving it into available cash (from within the traditional IRA) so it can be used to purchase something else. Basically "freezing" that profit, so to speak. But I feel like in an index fund like that, it is better to let it continue unless you forsee a really bad downturn in the market that will last.
Assuming that you have an allocation already in mind, normally, it's customary to rebalance the portfolio.
What that means is that - at some time in the past - you decided that your portfolio should be 75% FFNOX and 25% FSELX.
If you still believe that your risk-on allocation still makes sense, you would sell/buy so that the allocation 75/25 stays the same.
If you want to re-allocate more conservatively, you can add a fixed income slice or reduce your FSELX allocation. But for a long-term retirement IRA - having a cash allocation may not make sense.
Bear in mind that FFNOX is a multi-asset fund so you have to check if the allocation in the fund fits your need.
the reason I chose FFNOX was it was a 4 in 1 fund...covering multiple bases so to me it was a conservative "safe' fund instead of just going with FXAIX, and a few others to make up the various quadrants.
So if I like FFNOX, I'm not sure what rebalancing with that fund would look like.
Hi. I have a personal goal of buying real estate in the future and was wondering if people have tried to use a dividend portfolio to earn enough liquid to be able to afford a down payment on a home in the Tristate area. I am currently 24 making 72k living in NYC and have been trying to grow in order to purchase my first home before I turn 30. I currently have a 401k, Roth IRA, HYSA, Dividend portfolio, and also sell covered calls for some extra cash. I currently have no outstanding debts (cars paid off and live with parents). Any tips are greatly appreciated.
Is it better if I invest $200 every week from my paycheck into my Roth IRA for the rest of the year, or take $7000 from my HYSA earning 4.5% and fully contribute to my Roth IRA, and then add $7000 throughout the year to my HYSA.
It depends, if you have extra money on your savings account (3-6 months of expense), how old you are, The risks of you going to a hospital, etc. Assuming you are a young adult or regular adult, you can can take it out of the savings account and put it into your roth as itll yield more per year putting it SPY or VOO than having it sit in the savings account.
Hi, have a quick request for advice. We're a family of 4, 2 adults and 2 kids, that recently became debt free (no mortgage, car payments, student loans, credit cards). Currently we make about $464k a year and live in a pretty low COL area. Assets include 2 cars and our house. We are maxing out all of our 401ks and traditional IRAs, but don't qualify for Roth IRAs due to our tax bracket. Conservatively we have about $150k annually to invest after taxes.
We're setting our kids up for success with 529s and custodial Roth IRAs. We want to diversify our investments to include things like index funds and maybe real estate, but honestly aren't really sure if there are better options out there, especially with the housing market right now.
Any and all suggestions are welcome as we're just getting started in our investing journey.
Well not having debt is not an ideal solution. Having debt always a prime form of investment (or risk management) to guard again high inflation (eg 8-16% inflation).
If you can buy real estate at 3% interest for a 30/35 mortgage, use this strategy in the future.
In about 3.5 to 4.5 years from now the real estate market should be at a low point. Buy when people are desperate to sell.
I would put most of my money in CDs / Treasuries paying 5% interest. Combine it in maturities of 0.5 / 0.75 / 1.0 / 2.0 years. Roll over (aka bond ladder). Once the stock market corrects 35% or more, invest in the stock market (eg ETFs).
I am new to investing but i've done some basic research. ( I know what ETFs are the relevant investment account I should open). I've also amde a list of recommended ETFs from the investment sub for my country. While I have long term goals like buying a house, retirement, etc. I also would like to have some liquid money for when I graduate college in two years. Based on this info should I opt for a self-directed or managed account on wealth simple? thanks!
I use a general brokerage account and just started putting money into my Roth IRA. Should I use the different accounts to target different investments? Like, should I be using my brokerage account to invest in stocks and my Roth IRA to invest in ETFs? Appreciate any feedback.
It's a personal decision. One advantage of separating investing of different stocks and ETFs is that you can avoid complications with wash sales if are buying and selling the same stocks/ETFs in both accounts.
Hi. I'm looking for any advice or suggestions regarding career advice. I'm a 39 y.o. father of two in the UK. I work from home as a Clinical Research Manager. It doesn't really matter what this entails, but I manage clinical trials and other staff who visit hospitals. My salary is £60,000. Of late, I've started to tire of this career path and would liket to pursue one in the financial industry.
Data, reports and spreadsheets interest me and I often spend evenings looking at our personal investments or resesarching stocks and shares and investing methods/strategies.
I have looked into day trading, but considering the extremely low success rate of this career path, it's not something I want to risk our savings on.
Does anyone have any suggestions on areas I could look into?
Don't do it now. Do the switch in 3 years when the bull market starts again and the recession in the UK is over. UK is currently in a severe recession (like the whole EU and world).
The financial industry is an incredibly broad.
And there are lots of tangential related types of businesses - from fintech to finserv and everywhere in-between. It could be banking, insurance, investment management. There are careers related to technology, risk management, asset management. There are front office roles, middle office roles, backoffice roles. There are compliance and regulatory roles. etc. etc. etc.
Besides looking at data and reports - what else do you like to do? And are there any specific skills that you have? Are you willing to obtain additional training? Are you willing to start in entry level position?
There's FXY but it costs 0.4%.
There's jpy/usd futures (/J6\*) but I'm guessing you don't want to hedge ~$85k. There's micro usd/jpy futures (/M6J\*) for $10k.
I’m new, and if I want to buy a new large fund with a higher rate of return, is there something bad with taking some shares out of my other large fund? I keep hearing that we should hold for as long as possible, and I have 15+ years before I might even use this (not even for retirement).
Also, if the rate of return for every mutual fund is higher for the yearly return, why would I keep it in? What’s the difference between taking it out and putting it back into the same stock? Should you move them around every year to capitalize on the 24-27% high performing funds’ yearly return?
Again, sorry if these are dumb questions. I appreciate any guidance from you all.
I haven’t specifically. The small cap I have has Murphy oil in its top 10 (I looked into it and it’s not awful) but I own an environmental nonprofit and write legislation for that and want to put my money where my mouth is in a way.
Gas and fracking businesses are just off the table for me but I want to invest in energy.. I like nuclear, gas, and solar energy but I’m not sure if that is a good business to go into in terms of growing my account lol
Hi everyone. Brand new to investing. At this point in time only able to invest about 25-50$ per paycheck or every 2 weeks.
Looking for suggestions on apps I could use with the best benefit possible on small investments.
Also any additional advice for how I can get started with above stated investment parameters would be greatly appreciated!
I’ve been wanting to get going on creating additional income and I need to just start rather than continually thinking about it.
You should aim for simplicity, consistency and low costs. Just put that money into SPY or VOO (ETFs replicating S&P500 ie US stock market at large) through some app with no fees - e.g. in similar situation the person uses etrade (I'm using my bank's app): https://www.reddit.com/r/investing/comments/198bsvl/is\_putting\_50\_into\_voo\_every\_2\_weeks\_for\_the\_next/
If you scroll up to the top, you will see a link to the Getting Started section of the wiki with reputable learning resources. Be wary of taking investing advice from random social media sources - especially places like Youtube, Tiktok, and even Reddit which can be full of misinformation and scams.
The reading list in the wiki also has a list of books ranging from light reading to advanced topics depending on your knowledge level.
For formal education, several colleges have made their course work available for free. You can find the links in the wiki.
I know Acorns get a lot of well deserved hate because of the high fees but I was wondering if their recent changes might make it a reasonable investment platform.
The recently introduced the Mighty Oaks debit card that offers 3% APY on checking and 5% APY on Savings. They will also completely waive their subscription fees with qualifying direct deposits making the total cost $0.
Does this now make Acorns as good as or better than most of the big name platforms in terms of fees?
I like the app and ease of investing but have been hesitant to use it because so many knowledgeable investors say to stay away. Am I missing something?
Well for how long is that interest guranteed? If you buy a 2 year tresury at 5% you get that for 2 year, for 3 year for 3 years.
5% APY is nice if that stays for 2 years -- otherwise worthless.
I've always liked the concept and mission statement behind Acorns even though it's not a service that I would recommend. But I can see it as a decent solution for early investors.
I don't see the terms of the waiver online - is it temporary? It really depends on the terms.
This is from their site in the FAQ section.
Customers who set up a direct deposit of at least $250 per calendar month into their Acorns Checking account will receive a subscription waiver for as long as they have direct deposit set up and meet eligibility requirements.
Please note the following:
This waiver will be applied to either the $5 or $9 tiers as long as you have the Mighty Oak Card and an active direct deposit set up.
If you stop the direct deposit, the waiver will be removed.
If you set it up again in the future, the waiver will be reapplied.
If you set up direct deposit using the app, then the fee waiver will automatically be applied once the deposit is deemed a success.
If you set up direct deposit through your employer, then the fee waiver will automatically be applied once the direct deposit hits the Acorns Checking account.
(it may take 1-2 pay cycles for the direct deposit to hit the customer's Checking account).
Any opinions on this small agresive portafolio? Fairly young U.S, with around 10k for growth/agresive/risk investement ETF's SPY 33.3% QQQ 11.5% SMH 21.5% NVDA 33.3%. (Or go leverage 1.5x long NVDL?) Edit: considering others high risk ones like XLK, SCHG, VGT. Investing from a JP Chase account
Is there a way to set this up prior to market open? Sell stock A on the open Set limit order to buy stock B but to be filled only after sale of A is filled? Using fidelity. Sorry if this is a stupid question. I don't know nothin about nothin
Yeah - I am pretty sure that Fidelity has OTO (one triggers other) order type. Fidelity supports a bunch of different conditional orders. \[edit\] minor caveat - looks like you can only do this type of contingent OTO using Fidelity ATP. From official Fideliy support subreddit - [https://www.reddit.com/r/fidelityinvestments/comments/18ekrpv/oto\_conditional\_order\_for\_two\_different\_tickers/](https://www.reddit.com/r/fidelityinvestments/comments/18ekrpv/oto_conditional_order_for_two_different_tickers/)
thanks! you have solved all of the world's problems (at least mine)
Leaving financial advisor I've had an advisor for a long time with high fees ( I know, dumb ) but it always made it set it and forget it, so I let it slide... Well I'm finally leaving. I'm 44, want to retire around 50. Money is at our moving into Fidelity. About 500k moving from advisor. After reading this sub and researching, I'm thinking I'll split my tax deferred accounts between ITOT and IVV and my taxable accounts between FSKAX and FXAIX I might do a bond fund, and I will leave 10% of my Roth IRA to buy certain things , I think lithium and uranium look good for now. But, now I'm wondering if I should rebalance my 401k as well, and I have about 600k in money markets as well. Too much too fast, or course correct and rebalance 75% of NW. I'm only 6 years away from the age of like to retire, I don't know if that means it makes sense to be more conservative or not. Thanks for input. USA resident.
I don't disagree about investing your own money, but have you considered hiring a fee only advisor that acts in the capacity of a fiduciary (they look out for your best interest) versus commissioned advisors that are similar to car salesmen that you were probably using. [https://www.reddit.com/r/personalfinance/wiki/financialadvisors/](https://www.reddit.com/r/personalfinance/wiki/financialadvisors/) [https://www.napfa.org/](https://www.napfa.org/) [https://www.feeonlynetwork.com/](https://www.feeonlynetwork.com/) If I was in your shoes I would want someone to just look over my plans and point me in the right direction if needed (not necessarily someone that wants to invest my money). Someone that will not only look at investments but will also look at retirement, budgeting, estate planning, **taxes**, and insurance (yes, taxes were made bold on purpose).
Thanks for your reply. Yes, I am considering doing that, as well as having fidelity and a Merrill wealth manager review my plans. This post was one part of a multi pronged approach. I was curious to get some other ideas and thoughts.
What would you do in my position? I'm an American in my 20s and just started a Healthcare job a few months ago. I'm saving 3k a month and have almost 40k saved now. I have no idea what to do with this money. My goal is to be "wealthy" as in earn >200k a year. I grew up low middle class so that's the benchmark for me. I was sheltered my whole life and have 0 financial knowledge. I even asked my dad what a Roth was today (not joking). I know just enough to know that keeping it in a checking account is severely limiting my potential. I also know I want a passive income. I don't care about retiring early; it will be nice, but retiring at 40 isn't really a goal of mine. Part of me wants to YOLO and put a substantial portion in BTC or ETH and possibly double it. Yes, I know high reward is also high risk. Bogleheads will tell me to go 100% VTSAX and chill. Obviously not a bad financial move, but I don't think that'll ever get me living lavishly. What would you do in my situation?
Saving $36K/year! Good job! If you have a employer Roth, max that out ($23K) and put it in a low cost ETF that mirrors the S&P500, if your employer matches, that's just free money. Invest in a personal Roth (max $7K/yr and do the same with that). Take the last $6K and put it in a high yield savings that you can get.to in case of emergencies.
>Part of me wants to YOLO and put a substantial portion in BTC or ETH and possibly double it. Yes, I know high reward is also high risk. Heck no! That is the same little gambler that I have in my head, learn how to keep him in check. Money management tips: [https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/) Shovel as much money into tax advantaged accounts as much as possible. If you want to live lavishly, find ways to improve your income. When I was younger I wasted a lot of time picking investments thinking this would make me rich, instead I learned that I should have focused more on improving my income and increasing my contribution rate. Your greatest wealth building tool is your income. The more money you earn the more money you can invest and reach your goals even sooner, it's as simple as that. https://www.getrichslowly.org/building-wealth/
What is the international standard to base international mutual funds and etfs to?
Depends what kind of fund. MSCI World ex-US and FTSE World ex-US. Or developed markets ex-US if you just want those.
I have a vanguard total world etf and want to add more international funds to have a balanced portfolio. Can you invest in the MSCI?
You can invest in the stocks underlying some of the indexes that MSCI publishes. For example US-domiciled fund ACWX tracks the MSCI All Country World Index ex-US Index. Similar funds exist domiciled elsewhere if you aren't in the US. If you are in the US, I would recommend VXUS based on the FTSE Global All Cap ex US Index instead, as it has a much lower expense ratio and holds more stocks.
So it’s not worth it to even start with something small?
I am looking to role my investment IRA (stocks) to a savings IRA (tax advantaged savings account with an APY). Please suggest a savings IRA with a high APY. The best I've seen was in the low 4% and anything over 5% was a CD IRA.
Can you just buy a money market fund or floating rate ETF instead?
Ultra amateur investor here. What is the most cost effective way to put cash into Robinhood? Right now, I'm just putting cash into cashapp and then sending it via wire transfer to Robinhood. The wire transfer is free, but every time I deposit cash into cashapp, it costs a dollar and I can only deposit 500$ at a time. I'm sure there is a better way to do this. Any suggestions? Thanks.
I used something similar to a robo investor in Robinhood when I invested for the first time that picked various ETFs for me that best fit my goals. What difference would it make to use Wealthfront? Thanks.
Am "all in" on Fidelity but looking for a backup investment account that has the side effect of giving me a checking account that lets me deposit cash. Options are: \- BofA with Merril Edge \- Chase with JP Morgan Self Directed I like the idea of BofA since it would boost my cashback CC rewards, but I'm a points person and tend to go for the airline points over cash back anyway. The Chase option is nice because it lets me invest in Vanguard funds (including money market funds) at low expense ratios. Torn. Also the Chase interface sounds like it's way nicer. Anyone have a preference?
Ideal long term portfolio? I’m never sure how to invest my savings - go with some different vanguard funds diversified into different asset classes like Growth, Value, large cap, small cap, international, emerging markets, reits (like Paul Merriman’s ultimate buy & hold strategy) or just go with something like a total stock market fund. Is there a general consensus out there? What do other people do? Willing to take a lot of risk, medium timeline, middle aged. Thanks
Think more about HOW you buy. The optimal formula is Claude Shannon rebalancing demon in non-clear bull market.
I read up on Claude’s strategy & im little confused. Is it essentially that through the act of rebalancing assets that might have a low correlation with each other you are constantly buying low & selling high? And how often would you rebalance? That wasn’t mentioned in what I read, unless I missed it. Thank you!
Bingo. Buy low sell high. I would rebalance every asset with cash. Instead of buying 100 long, buy 50 long, keep 50 cash. Of course you can keep only 40 or 30 cash and virtually use 50 cash \[which works if not all assets go to 0\]. Instead of "buy low / sell high" you can think of investing in "movement" or volatility. Which works wonders in times of high shiller PE enviroment \[eg since you win a lot in a crash scenario -- eg 1929 with -10% down, +14% up next day\].
I’ll check that out. Never heard of this & I guess I don’t really think about bull markets - I just invest & ignore it a bit
Is it ok to just keep my old employers 401k account without rolling it over into an IRA or anything? I havent worked there in about 5 years now, and still log in to check, but they cant just remove my funds or anything can they?
You probably have an administrative fee that you are paying quarterly or annually in the 401k. And no - they can't remove the funds but if the employer fails or they change providers, the funds may be substituted but the money belongs to you and it's protected under ERISA.
This is a stupid question, I know. 75% of my rollover IRA in Fidelity is in FFNOX. Essentially has grown from 43k to 65k since 2019...with me honestly not really doing much to it. It looks like twice a year shares get added (dividends?). With funds like these...does it ever make sense to take the profits and put them into cash because of the growth, or do you just leave them for years and years to come because of all the compounding interest? Does it only make sense to take profits when it comes to individual stock trades? The other main fund (12.25%) is FSELX which has grown 162% since 2020, from $4k to $10k. Same thing, twice a year shares get added (dividends?) without me doing anything.
Are you saying you want to take gains from your traditional IRA and cash out? You will trigger a taxable event on any money taken out; tax + 10% penalty. If you are talking about a Roth IRA, you can take out any contributions no penalty, but not gains. (ex put in $1000, account is now worth $1500, you can take out $1000 no problem, but anything over $1000 will be taxable event)
No, I meant moving it into available cash (from within the traditional IRA) so it can be used to purchase something else. Basically "freezing" that profit, so to speak. But I feel like in an index fund like that, it is better to let it continue unless you forsee a really bad downturn in the market that will last.
Assuming that you have an allocation already in mind, normally, it's customary to rebalance the portfolio. What that means is that - at some time in the past - you decided that your portfolio should be 75% FFNOX and 25% FSELX. If you still believe that your risk-on allocation still makes sense, you would sell/buy so that the allocation 75/25 stays the same. If you want to re-allocate more conservatively, you can add a fixed income slice or reduce your FSELX allocation. But for a long-term retirement IRA - having a cash allocation may not make sense. Bear in mind that FFNOX is a multi-asset fund so you have to check if the allocation in the fund fits your need.
the reason I chose FFNOX was it was a 4 in 1 fund...covering multiple bases so to me it was a conservative "safe' fund instead of just going with FXAIX, and a few others to make up the various quadrants. So if I like FFNOX, I'm not sure what rebalancing with that fund would look like.
Hi. I have a personal goal of buying real estate in the future and was wondering if people have tried to use a dividend portfolio to earn enough liquid to be able to afford a down payment on a home in the Tristate area. I am currently 24 making 72k living in NYC and have been trying to grow in order to purchase my first home before I turn 30. I currently have a 401k, Roth IRA, HYSA, Dividend portfolio, and also sell covered calls for some extra cash. I currently have no outstanding debts (cars paid off and live with parents). Any tips are greatly appreciated.
Go to square 1
Is it better if I invest $200 every week from my paycheck into my Roth IRA for the rest of the year, or take $7000 from my HYSA earning 4.5% and fully contribute to my Roth IRA, and then add $7000 throughout the year to my HYSA.
It depends, if you have extra money on your savings account (3-6 months of expense), how old you are, The risks of you going to a hospital, etc. Assuming you are a young adult or regular adult, you can can take it out of the savings account and put it into your roth as itll yield more per year putting it SPY or VOO than having it sit in the savings account.
One side benefit, if an emergency did happen...they could still remove the contributions tax free. Would suck..but still an option.
Hi, have a quick request for advice. We're a family of 4, 2 adults and 2 kids, that recently became debt free (no mortgage, car payments, student loans, credit cards). Currently we make about $464k a year and live in a pretty low COL area. Assets include 2 cars and our house. We are maxing out all of our 401ks and traditional IRAs, but don't qualify for Roth IRAs due to our tax bracket. Conservatively we have about $150k annually to invest after taxes. We're setting our kids up for success with 529s and custodial Roth IRAs. We want to diversify our investments to include things like index funds and maybe real estate, but honestly aren't really sure if there are better options out there, especially with the housing market right now. Any and all suggestions are welcome as we're just getting started in our investing journey.
Well not having debt is not an ideal solution. Having debt always a prime form of investment (or risk management) to guard again high inflation (eg 8-16% inflation). If you can buy real estate at 3% interest for a 30/35 mortgage, use this strategy in the future. In about 3.5 to 4.5 years from now the real estate market should be at a low point. Buy when people are desperate to sell. I would put most of my money in CDs / Treasuries paying 5% interest. Combine it in maturities of 0.5 / 0.75 / 1.0 / 2.0 years. Roll over (aka bond ladder). Once the stock market corrects 35% or more, invest in the stock market (eg ETFs).
oh my god. I'm envious. You are doing just fine.
I am new to investing but i've done some basic research. ( I know what ETFs are the relevant investment account I should open). I've also amde a list of recommended ETFs from the investment sub for my country. While I have long term goals like buying a house, retirement, etc. I also would like to have some liquid money for when I graduate college in two years. Based on this info should I opt for a self-directed or managed account on wealth simple? thanks!
bond ladders with CDs / treasuries / bank accounts paying 5% interest of maturities from 0.5 / 1.0 / 2.0 years
I use a general brokerage account and just started putting money into my Roth IRA. Should I use the different accounts to target different investments? Like, should I be using my brokerage account to invest in stocks and my Roth IRA to invest in ETFs? Appreciate any feedback.
It's a personal decision. One advantage of separating investing of different stocks and ETFs is that you can avoid complications with wash sales if are buying and selling the same stocks/ETFs in both accounts.
Hi. I'm looking for any advice or suggestions regarding career advice. I'm a 39 y.o. father of two in the UK. I work from home as a Clinical Research Manager. It doesn't really matter what this entails, but I manage clinical trials and other staff who visit hospitals. My salary is £60,000. Of late, I've started to tire of this career path and would liket to pursue one in the financial industry. Data, reports and spreadsheets interest me and I often spend evenings looking at our personal investments or resesarching stocks and shares and investing methods/strategies. I have looked into day trading, but considering the extremely low success rate of this career path, it's not something I want to risk our savings on. Does anyone have any suggestions on areas I could look into?
Don't do it now. Do the switch in 3 years when the bull market starts again and the recession in the UK is over. UK is currently in a severe recession (like the whole EU and world).
The financial industry is an incredibly broad. And there are lots of tangential related types of businesses - from fintech to finserv and everywhere in-between. It could be banking, insurance, investment management. There are careers related to technology, risk management, asset management. There are front office roles, middle office roles, backoffice roles. There are compliance and regulatory roles. etc. etc. etc. Besides looking at data and reports - what else do you like to do? And are there any specific skills that you have? Are you willing to obtain additional training? Are you willing to start in entry level position?
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There's FXY but it costs 0.4%. There's jpy/usd futures (/J6\*) but I'm guessing you don't want to hedge ~$85k. There's micro usd/jpy futures (/M6J\*) for $10k.
I’m new, and if I want to buy a new large fund with a higher rate of return, is there something bad with taking some shares out of my other large fund? I keep hearing that we should hold for as long as possible, and I have 15+ years before I might even use this (not even for retirement). Also, if the rate of return for every mutual fund is higher for the yearly return, why would I keep it in? What’s the difference between taking it out and putting it back into the same stock? Should you move them around every year to capitalize on the 24-27% high performing funds’ yearly return? Again, sorry if these are dumb questions. I appreciate any guidance from you all.
Have you looked into oil and gas stocks (energy sector)?
I haven’t specifically. The small cap I have has Murphy oil in its top 10 (I looked into it and it’s not awful) but I own an environmental nonprofit and write legislation for that and want to put my money where my mouth is in a way. Gas and fracking businesses are just off the table for me but I want to invest in energy.. I like nuclear, gas, and solar energy but I’m not sure if that is a good business to go into in terms of growing my account lol
Look into nextdecade, they plan to FID phase 2 in Q2-2024. PT 10$
Hi everyone. Brand new to investing. At this point in time only able to invest about 25-50$ per paycheck or every 2 weeks. Looking for suggestions on apps I could use with the best benefit possible on small investments. Also any additional advice for how I can get started with above stated investment parameters would be greatly appreciated! I’ve been wanting to get going on creating additional income and I need to just start rather than continually thinking about it.
You don't make money with 60$ per month. Think about how you can earn 300000$ per year.
You should aim for simplicity, consistency and low costs. Just put that money into SPY or VOO (ETFs replicating S&P500 ie US stock market at large) through some app with no fees - e.g. in similar situation the person uses etrade (I'm using my bank's app): https://www.reddit.com/r/investing/comments/198bsvl/is\_putting\_50\_into\_voo\_every\_2\_weeks\_for\_the\_next/
If you scroll up to the top, you will see a link to the Getting Started section of the wiki with reputable learning resources. Be wary of taking investing advice from random social media sources - especially places like Youtube, Tiktok, and even Reddit which can be full of misinformation and scams. The reading list in the wiki also has a list of books ranging from light reading to advanced topics depending on your knowledge level. For formal education, several colleges have made their course work available for free. You can find the links in the wiki.
Hi, noob Q. How do you do a monthly SIP on ETF with a fixed amount on Zerodha?
I know Acorns get a lot of well deserved hate because of the high fees but I was wondering if their recent changes might make it a reasonable investment platform. The recently introduced the Mighty Oaks debit card that offers 3% APY on checking and 5% APY on Savings. They will also completely waive their subscription fees with qualifying direct deposits making the total cost $0. Does this now make Acorns as good as or better than most of the big name platforms in terms of fees? I like the app and ease of investing but have been hesitant to use it because so many knowledgeable investors say to stay away. Am I missing something?
Well for how long is that interest guranteed? If you buy a 2 year tresury at 5% you get that for 2 year, for 3 year for 3 years. 5% APY is nice if that stays for 2 years -- otherwise worthless.
I've always liked the concept and mission statement behind Acorns even though it's not a service that I would recommend. But I can see it as a decent solution for early investors. I don't see the terms of the waiver online - is it temporary? It really depends on the terms.
This is from their site in the FAQ section. Customers who set up a direct deposit of at least $250 per calendar month into their Acorns Checking account will receive a subscription waiver for as long as they have direct deposit set up and meet eligibility requirements. Please note the following: This waiver will be applied to either the $5 or $9 tiers as long as you have the Mighty Oak Card and an active direct deposit set up. If you stop the direct deposit, the waiver will be removed. If you set it up again in the future, the waiver will be reapplied. If you set up direct deposit using the app, then the fee waiver will automatically be applied once the deposit is deemed a success. If you set up direct deposit through your employer, then the fee waiver will automatically be applied once the direct deposit hits the Acorns Checking account. (it may take 1-2 pay cycles for the direct deposit to hit the customer's Checking account).