By Adam Go To PostWhat are good Fidelity choices?
Fidelity has great choices for mutual funds, though they don't offer their own ETFs (last I checked) but they do sell a few iTrade ETFs commission-free. My Roth is actually with Fidelity, though, so I use their mutual funds in it (I hold Vanguard ETFs in my side investing account). They've gone through some name changes recently, so let me pull them up....
I hold FSKAX, which is a total market index fund (domestic), and FTIHX, which is an international index fund.
I'm not big on bonds, being young and invincible. The idea of riding the breaks miles and miles and miles before the stoplight is just not reasonable to me. Though, obviously, my mindset will necessarily need to change the closer I get to retirement age. (I do hold bonds (BND) in my side account, proceeds from selling my home with the thought that I will be buying again in the next year or two. That's an approaching stoplight.)
I know this is for a long term scenario but the returns on VXUS for the last 10 years are awful
I just know if i was heavy into VXUS and not VOO i would be upset.
Maybe i just trust Americuh
I just know if i was heavy into VXUS and not VOO i would be upset.
Maybe i just trust Americuh
By diehard Go To PostI know this is for a long term scenario but the returns on VXUS for the last 10 years are awful
I just know if i was heavy into VXUS and not VOO i would be upset.
They're dreadful, yes. I blame fucking Europe and their goddamn austerity economics.
Maybe i just trust Americuh
You know, there is a school of thought that the S&P 500 is heavily exposed to international just as a matter of business, so you maybe don't really need so much international exposure yourself. Still, target funds generally include 20-40% international stock (as a percentage of overall stock, making the domestic international split 80/20 to 60/40, with bonds eating into the overall number), and Vanguard is on the high end there. I'm nowhere near that high, though.
By Pac-12 Go To PostI like your thinking. 0.17% is not the worst, but if that's what you consider high, you're in good shape. But it also has a ETF counterpart with a lower ratio. VXUS (0.11%).Yea, maybe do the VGTSX but not pour as much money into it.
Both of which are higher than (good) domestic index funds, certainly, but I don't know if you'll find better for international. (Though, if you do, let me know.)
EDIT: Will look into VOO as well. That looks promising.
By Pac-12 Go To PostFidelity has great choices for mutual funds, though they don't offer their own ETFs (last I checked) but they do sell a few iTrade ETFs commission-free. My Roth is actually with Fidelity, though, so I use their mutual funds in it (I hold Vanguard ETFs in my side investing account). They've gone through some name changes recently, so let me pull them up….
I hold FSKAX, which is a total market index fund (domestic), and FTIHX, which is an international index fund.
I'm not big on bonds, being young and invincible. The idea of riding the breaks miles and miles and miles before the stoplight is just not reasonable to me. Though, obviously, my mindset will necessarily need to change the closer I get to retirement age. (I do hold bonds (BND) in my side account, proceeds from selling my home with the thought that I will be buying again in the next year or two. That's an approaching stoplight.)
Sweet, I'll be making some choices in the future so I'll hit you up again then too.
Trying to find a good budget app on iOS - I’m using Fudget, but is there anything better that isn’t subscription based? I don’t mind paying an upfront cost like Fudget.
By reilo Go To PostHave you tried Mint? They've been around for a while.I have not but that’s the one that links to your bank account right? I feel kind of iffy about that.
And it's just the first of many to come this year alone and not the biggest, either. Realtors in Bay Area licking their chops.
Here's one way for Lyft employees to celebrate the company's IPO: They could go out and buy some pricey Bay Area homes. A lot of them.
In fact, online real estate brokerage firm Redfin estimates that the shares and stock options held by Lyft (LYFT) employees are now worth a total of $1.3 billion. That's enough to buy all 624 houses in the city of San Francisco currently on the market and still have $300 million left over.
Homes already owned by the rich upper middle class that was fortunate to buy those homes at a quarter of its value two decades ago while they fight tooth and nail to prevent any sort of affordable apartments to be built because it would diminish the value of their homes. NIMBYs are a fucking plague.
The key to becoming rich is to already be rich: https://www.nytimes.com/interactive/2019/03/29/opinion/sunday/lyft-ipo.html
By Haz Go To PostI have not but that’s the one that links to your bank account right? I feel kind of iffy about that.Mint let's you set a budget independent of that. There's also NerdWallet app.
My millionaire FIL would probably asked my wife to divorce me if he saw how much I spent on a 2060.
I swear, the lengths some of these guys go to save money is crazy.
I swear, the lengths some of these guys go to save money is crazy.
By Adam Go To PostMGC a good ETF?
It's a subset of the S&P 500, and it closely matches its returns. For the full 500, go with VOO, but I would recommend VTI for a total market fund (the majority of which is still the 500).
(All mentioned are ETFs from Vanguard.)
By Pac-12 Go To PostIt's a subset of the S&P 500, and it closely matches its returns. For the full 500, go with VOO, but I would recommend VTI for a total market fund (the majority of which is still the 500).
(All mentioned are ETFs from Vanguard.)
👍🏼 Thanks buddy.
Vanguard is cutting fees again across 21 ETFs
https://finance.yahoo.com/news/vanguard-drops-hammer-etf-fee-143705599.html
https://finance.yahoo.com/news/vanguard-drops-hammer-etf-fee-143705599.html
By 3SidedPolygons Go To PostMost people don't understand this but real estate is a bad place to put your money.Renting is worse.
So I'm like... an extremely late bloomer as I've kind of insinuated in the Life thread. So much so that I just signed up for my first credit card via my bank. I've got pretty good credit due to my car and an amazon finance I did a couple years ago to pay for some things since I'm always on time with my payments. Plus my phone bill.
I typically autopay everything. Since a credit card gives me rewards and builds credit from use/regular payments, should I just start buying pretty much EVERYTHING through my credit card instead of my debit?
I typically autopay everything. Since a credit card gives me rewards and builds credit from use/regular payments, should I just start buying pretty much EVERYTHING through my credit card instead of my debit?
By data Go To PostSo I'm like… an extremely late bloomer as I've kind of insinuated in the Life thread. So much so that I just signed up for my first credit card via my bank. I've got pretty good credit due to my car and an amazon finance I did a couple years ago to pay for some things since I'm always on time with my payments. Plus my phone bill.
I typically autopay everything. Since a credit card gives me rewards and builds credit from use/regular payments, should I just start buying pretty much EVERYTHING through my credit card instead of my debit?
Nothing wrong with that, just stay on top of it. Check your balance regularly and pay it off, don't start paying interest that will end up being more than what the rewards are worth, and don't use the credit as an excuse to splurge and live above your means.
By Adam Go To Posthttps://www.investors.com/etfs-and-funds/mutual-funds/best-mutual-funds-beating-sp-500-over-last-1-3-5-10-years/
🤔🤔🤔
That list is kind of shit. They're basically giving a bunch of non-S&P 500 funds credit for beating the S&P 500 benchmark. The only thing you can learn from this type of article is don't invest solely in just the S&P 500. (It should still be the largest stock component of your mix, however, by leaps and bounds.)
A better article would have at least shown how those funds were doing against their actual benchmarks. But, to me, it seems like they're trying to sell you on certain mutual funds by doing some bullshit comparison.
By HasphatsAnts Go To PostIt’s Lyft IPO day. Spare a thought for reilo who has to share a neighborhood with these creatures
Yeah know what I really enjoy about the markets, no matter how over hyped/inflated something prices eventually correct themselves.
Everyone seems to be doing 2% APY nowadays: Simple, Robinhood, etc.
Haven't seen much (any?) higher than that.
Haven't seen much (any?) higher than that.
New year, new contributions....
Just did my Roth IRA transfer for the year. Also, 401K contribution limit for people sub 50 went up by $500, to $19,500, so look out for that.
Happy investing.
Just did my Roth IRA transfer for the year. Also, 401K contribution limit for people sub 50 went up by $500, to $19,500, so look out for that.
Happy investing.
By Smokey Go To PostIt's 2020
Pac, it's time
get me richm8
One piece of advice...
By Lunatic Go To PostOh we haven't hit bottom yet m8. 2019 will be a bloodbath.
Don't listen to
2019, S&P 500 +29%
Participate in your 401K, your IRA, and independent investments as far as your can swing it.
"Trickle down" is bullshit. Money (CREAM [cash rules...]) flows to the top, to the owners. Invest. Claim your share.
My average would've been in line with the S&P but it got dragged down a bit by some longterm bonds, which were only up 15%.
Yeah, bonds are going to drag you down in a good market, keep you afloat in a bad one. But, personally, for retirement purposes, I'd never hold bonds 20, 30+ years out. A bad market will rebound... if you're young, let it.
I do have bonds in my non-retirement portfolio, as I'm keeping some money "safe" for when I buy a new home.
I do have bonds in my non-retirement portfolio, as I'm keeping some money "safe" for when I buy a new home.
Good grief, I should've bought $2k of Apple stock when I invested some of my money last year and not into the couple of Charles Schwab ETFs smh
Hindsight is always 20/20 on stocks, but winners and losers are hard to pick in advance. But yes, being able to hit the rewind button would come in handy.
So seriously started using YNAB again and it's making saving and spending money so easy. I'm still poor but I'm using my money way better than I ever was before. So I finally decided to apply for a Vanguard account and a Roth IRA. I always got lost reading the Era/old place OPs in the retirement thread and ended up not saving properly when I could have. I also just saw my company offers a 401k/Roth from Fidelity where they match 8% of eligible compensation and when I contribute to a plan my company matches 75% of of the first 4% of pay and 50% of the next 4% of pay. Should I open up both accounts and in invest in both?. Then besides investing I'm guessing I should use ally bank or any high apy to put my savings in right?. For reference I'm 29. I had an idea about how to save years ago even posting in this thread on the first page lol. But was always poor or didn't seriously budget until now.
Besides those questions I'm currently going through the Vanguard application and have no idea what to do with these options.
Does it matter what I put for the investment objective?. And it's asking me how much $$ I should put for tax year 2019 and 2020 so not sure how much I should put in either year though I'm guessing max out what I can?. Then I got stuck on the next option Dividends and capital gains. Wasn't sure whether to pick reinvest or Transfer money to market settlement fund.
Besides those questions I'm currently going through the Vanguard application and have no idea what to do with these options.
Does it matter what I put for the investment objective?. And it's asking me how much $$ I should put for tax year 2019 and 2020 so not sure how much I should put in either year though I'm guessing max out what I can?. Then I got stuck on the next option Dividends and capital gains. Wasn't sure whether to pick reinvest or Transfer money to market settlement fund.
Absolutely participate in your 401K and contribute to it at least up until you secure the full employer match. That's free money, instant return on investment. That's priority #1.
After you've secured the full match and you have excess funds you can contribute, that's when you can think about Roth (and, obviously, if you know you can afford both up front, then go ahead and open both.)
If you're doing a Roth, the limit on what you can contribute each year is $6000 (periodically increases by $500, but not every year, and sometimes not for several years). Regarding 2019 vs. 2020, do you have money laying around and do you think you can save more than $6000 before the end of the year? If so, yes, you can contribute toward 2019's limit through the tax filing deadline in April, and then start contributing toward 2020 after that. Otherwise, keep it simple and just focus on 2020.
Investment objective? Retirement.
Dividends/Capital gains? Automatically reinvest.
Happy investing.
After you've secured the full match and you have excess funds you can contribute, that's when you can think about Roth (and, obviously, if you know you can afford both up front, then go ahead and open both.)
If you're doing a Roth, the limit on what you can contribute each year is $6000 (periodically increases by $500, but not every year, and sometimes not for several years). Regarding 2019 vs. 2020, do you have money laying around and do you think you can save more than $6000 before the end of the year? If so, yes, you can contribute toward 2019's limit through the tax filing deadline in April, and then start contributing toward 2020 after that. Otherwise, keep it simple and just focus on 2020.
Investment objective? Retirement.
Dividends/Capital gains? Automatically reinvest.
Happy investing.
Thanks for the help!. So I'll open up the 401k and max it out then worry about a Roth. Besides that I have a decent amount of money lying around for emergency and just general savings. Should I put some of.that in a bank with high apy?. Otherwise its just sitting in my checking.
I suppose if cash on hand makes you feel better, then yeah, a higher interest rate is better than a paltry one. Go for it.
By Pac-12 Go To PostI suppose if cash on hand makes you feel better, then yeah, a higher interest rate is better than a paltry one. Go for it.Will do thanks again for the help. YNAB is really making this a breeze for me lol. Putting money towards savings and my comic con trip this year. Made me realize if I’m not making a lot I can still do so much.