Daniel O wrote:khalestorm wrote:This includes my emergency fund. I would require $7200 of this for a 6 month emergency fund, if that's advisable.
$7200/6=1200 per month. May I ask how you keep your expenses so low? That seems barely above the poverty line.
EmergDoc wrote:Where are you at that a $25K property rents for $700? Why don't you buy them all? Using John T. Reed's 55% rule the cap rate on that property is 18.5%. That's not a bad property at 3 times the price. (Assuming your numbers are right, which I'd be skeptical of.)
SobeCane wrote:Cash (Emergency Fund)
$30k in Rewards Checking Acct (3% Interest)
$130k Vanguard Total Stock Market
$40k John Hancock Total Bond Market
livesoft wrote:I would put $10,000 into VTSAX, then shift $1,000 in your 401(k) from VTSAX there into VBTLX there.
InvestorNewb wrote:khalestorm wrote:I'm trying to gain as much as I can in this portfolio in 19 years and use the gains as income at age 50 to hold me over until 59.5.
What happens at 59.5?