Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 91 of 941 « First 418187888990 91 92939495101141191591 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $156899
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,519
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 11-04-2017, 04:39 PM   #1351
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $156899
Quote:
Originally Posted by A Salt Weapon View Post
Thinking I need to setup a Roth IRA, tossed between Vanguard and Fidelity. I plan on doing the max $5500/yr in addition to my 401k through work (currently 6% with a 3% match).
I have about $11k in a savings account right now and that should let me do the max for this year and next in 1 shot.
Preferences on which company to use?

My only debt currently is my truck I bought in Jan17 at 3.04%, (43k financed, 31k left, I’ve been paying extra on already, but thinking it might be smarter to invest the extra money instead of paying it off early.)

I am single HOH with 2 dependents (~60k/yr gross income), so my tax liability is lower now than it would be later, unless lowering my taxable income drops my income into the free shit eligible category (EITC, etc), which I should look at before the end of the year.

Anyone have some free ChiefsPlanet advice for me?
If you're completely indifferent, I'd probably go with Vanguard. It was started by John Bogle, and he's really made a name for himself for putting together options for everyday Joe's to succeed in investing. Though others have caught up a bit recently, Vanguard was THE place for low-cost index funds for a long time. Philosophically, I have a soft spot for Vanguard even though I personally use Schwab since 1) my work IRA goes there and 2) I love their checking account.

Other than that, you're probably on the right track with a Roth, and the roadmap I posted a page or two back should give you a decent plan to follow for overall strategy.
Posts: 52,519
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 11-04-2017, 04:42 PM   #1352
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $156899
Quote:
Originally Posted by SAGA45 View Post
Thanks for all the advice guys! Greatly appreciated!
Looking back at the posts, we tend to get a little scattered. Beyond just "use index funds," look into "3-fund lazy portfolios" or just plain "target date funds" to get you started. Pay particular attention to "expense ratios" since those are the fees that you lose on an investment no matter what happens. You can grow into more advanced stuff if you have interest over time.

And again, ask if you have questions on the specifics. There's so much you can do that it's hard to give advice in general rather than saying "dive in, and let us help when you need it."
Posts: 52,519
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
 Thumbs Up 2 Thumbs Down 1     Reply With Quote
Old 11-04-2017, 07:08 PM   #1353
A Salt Weapon A Salt Weapon is offline
Starter
 
A Salt Weapon's Avatar
 

Join Date: Aug 2012
Location: Alaska
Casino cash: $1683539
Quote:
Originally Posted by DaFace View Post
Looking back at the posts, we tend to get a little scattered. Beyond just "use index funds," look into "3-fund lazy portfolios" or just plain "target date funds" to get you started. Pay particular attention to "expense ratios" since those are the fees that you lose on an investment no matter what happens. You can grow into more advanced stuff if you have interest over time.

And again, ask if you have questions on the specifics. There's so much you can do that it's hard to give advice in general rather than saying "dive in, and let us help when you need it."
Crap my bad, I tried to hit the thumbs up button and it won’t let me change it, sorry.
__________________
If two wrongs don't make a right, try three.
Posts: 87
A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 11-04-2017, 08:53 PM   #1354
Cornstock Cornstock is offline
Veteran
 
Cornstock's Avatar
 

Join Date: Oct 2008
Casino cash: $9986835
Quote:
Originally Posted by A Salt Weapon View Post
Thinking I need to setup a Roth IRA, tossed between Vanguard and Fidelity. I plan on doing the max $5500/yr in addition to my 401k through work (currently 6% with a 3% match).
I have about $11k in a savings account right now and that should let me do the max for this year and next in 1 shot.
Preferences on which company to use?

My only debt currently is my truck I bought in Jan17 at 3.04%, (43k financed, 31k left, I’ve been paying extra on already, but thinking it might be smarter to invest the extra money instead of paying it off early.)

I am single HOH with 2 dependents (~60k/yr gross income), so my tax liability is lower now than it would be later, unless lowering my taxable income drops my income into the free shit eligible category (EITC, etc), which I should look at before the end of the year.

Anyone have some free ChiefsPlanet advice for me?

My first piece of advice would be to make sure you have 3-6 months of reserved in your savings account in case of job loss or inability to work. It's good you feel confident that you could find a job to offset job loss, but don't rely on it.

So after you decide what amount is appropriate. Decide if youre going to be thinking serious retirement money or if this will be a "playing around" account. If it's serious, you will want to be doing indexed funds so you are diversified. This is much more reliable long term than picking individual stocks.

I think someone with limited investment experience, or who will have a long term buy and hold approach should go with Vanguard. Their in house funds/etfs have microscopic expenses, and they don't charge to make trades of those funds. Pick up an etf or a few that track the S&P 500. If you want to add some more diversity besides that to stabilize your portfolio, an intermediate bond fund is not a bad idea.

If you're an active trader, fidelity has more research tools. You can buy Vanguard funds through them but they will hit you with a trade commission. I don't think this is what you're looking for.

I think you should go with Vanguard.
Posts: 1,606
Cornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby PiscitelliCornstock 's adopt a chief was Sabby Piscitelli
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 11-04-2017, 10:05 PM   #1355
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
Quote:
Originally Posted by A Salt Weapon View Post
About 3-4K set aside after this first 11k gets invested. I’m netting about $1k/mo to save/invest currently.
Quote:
Originally Posted by A Salt Weapon View Post
I’ve reduced my min living expenses to about 600/mo give or take, so if I did do something stupid like lose my job or something, I could get a part time job at McDonald’s to pay the bills. So my thinking is while I have this disposable income, it might be smart to start investing it instead of just letting the savings account build up 20k/year.
Sounds like you've got the budget part down. Nice work.

And in a sense, a ROTH IRA can be treated like emergency savings. If something catastrophic happened, you can withdraw contributions without penalty at any time. So maxing out this each year should be done if you have money sitting around and don't think you'll need it in the short term.


I am a Vanguard fanboy but nothing wrong with Fidelity either. Both offer low cost funds and customer service. If you don't know much about investing but are planning for retirement, a target date fund will switch your allocation as you age and can be left untouched.
__________________
2024 Royals game thread record 3-0
Posts: 46,134
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 11-04-2017, 10:08 PM   #1356
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
Quote:
Originally Posted by SAGA45 View Post
Thanks for all the advice guys! Greatly appreciated!
Did we miss something?

This thread tends to go quiet for weeks at a time. Post again if something wasn't answered.
__________________
2024 Royals game thread record 3-0
Posts: 46,134
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 11-04-2017, 10:46 PM   #1357
A Salt Weapon A Salt Weapon is offline
Starter
 
A Salt Weapon's Avatar
 

Join Date: Aug 2012
Location: Alaska
Casino cash: $1683539
I’m leaning towards Vanguard, I have them in my 401k currently and this is not something I want to have to worry about managing. More just something to put my extra money working for me instead of sitting in a savings account or being blown on more stupid toys. Plus if anything happens to me it can be used by my children.
__________________
If two wrongs don't make a right, try three.
Posts: 87
A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.A Salt Weapon 's phone was tapped by Scott Pioli.
     Reply With Quote
Old 11-05-2017, 08:22 PM   #1358
Munson Munson is offline
Roy E.
 
Munson's Avatar
 

Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10159646
My Roth IRA has done very well the last couple months. September and October are the best back-to-back months I've ever had.

And overall this year, I'm enjoying a 22.6% rate of return!
Posts: 23,109
Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.
     Reply With Quote
Old 11-05-2017, 10:25 PM   #1359
scho63 scho63 is online now
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $901110
Quote:
Originally Posted by Munson View Post
My Roth IRA has done very well the last couple months. September and October are the best back-to-back months I've ever had.

And overall this year, I'm enjoying a 22.6% rate of return!
BUT TRUMP SUCKS! WORST PRESIDENT EVER!!!!
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~


2018 2019 2020 20212022 2023 2024 Adopt a Chief - Clark Hunt and Brett Veach
"The men who drafted Patrick Mahomes"

Posts: 52,683
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
 Thumbs Up 0 Thumbs Down 2     Reply With Quote
Old 11-06-2017, 08:35 AM   #1360
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $156899
Quote:
Originally Posted by scho63 View Post
BUT TRUMP SUCKS! WORST PRESIDENT EVER!!!!
Why is this relevant to this thread?
Posts: 52,519
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
 Thumbs Up 2 Thumbs Down 0     Reply With Quote
Old 11-06-2017, 05:18 PM   #1361
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
Quote:
Originally Posted by scho63 View Post
BUT TRUMP SUCKS! WORST PRESIDENT EVER!!!!
God dammit. The game ended 4 hours before this post. Did you keep drinking and harassing that waitress?
__________________
2024 Royals game thread record 3-0
Posts: 46,134
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
 Thumbs Up 2 Thumbs Down 0     Reply With Quote
Old 11-06-2017, 05:19 PM   #1362
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
Quote:
Originally Posted by Munson View Post
My Roth IRA has done very well the last couple months. September and October are the best back-to-back months I've ever had.

And overall this year, I'm enjoying a 22.6% rate of return!
Similar for me but my portfolio was weighted to international and health sciences (+33%) for the past year. Did you have a similar tilt?
__________________
2024 Royals game thread record 3-0
Posts: 46,134
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 11-06-2017, 05:43 PM   #1363
Munson Munson is offline
Roy E.
 
Munson's Avatar
 

Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10159646
Quote:
Originally Posted by lewdog View Post
Similar for me but my portfolio was weighted to international and health sciences (+33%) for the past year. Did you have a similar tilt?
No. Mine is mostly domestic, but I do need to diversify.

Any recommendations on some good stocks or mutual funds in those areas?
Posts: 23,109
Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.
     Reply With Quote
Old 11-06-2017, 05:46 PM   #1364
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
Quote:
Originally Posted by Munson View Post
No. Mine is mostly domestic, but I do need to diversify.

Any recommendations on some good stocks or mutual funds in those areas?
Where do you have your fund?
__________________
2024 Royals game thread record 3-0
Posts: 46,134
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 11-06-2017, 05:48 PM   #1365
Munson Munson is offline
Roy E.
 
Munson's Avatar
 

Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10159646
Quote:
Originally Posted by lewdog View Post
Where do you have your fund?
Edward Jones
Posts: 23,109
Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.Munson is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 91 of 941 « First 418187888990 91 92939495101141191591 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 08:05 PM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.