Search found 52 matches

by carguy1993
Wed Aug 23, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1011

Re: Save on tight budget

Hardwork pays off. I like to work hard but I have fatigue issues. I get too tired too quick but when I am on the clock I work hard. Sometimes to the point where once I get home I have no energy for anything besides laying down.
by carguy1993
Wed Aug 23, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1011

Re: Save on tight budget

Wait you said don't? Oh crap. Lol just kidding. Yeah I appreciate the advice.
by carguy1993
Wed Aug 23, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1011

Re: Save on tight budget

Thank you. I am looking at moving up where I work. I like working with my hands. And I work 15 minutes from home. If I gave up my car and biked Id save more but I like that luxary of a car.
by carguy1993
Wed Aug 23, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1011

Save on tight budget

Hey. I have a job I enjoy. I live in MA and have a small income of close to 24k a year. After rent and other bills I find it difficult to save $500 a month. To be honest I can only save about $200-250 a month living frugally. I have no debt and am 25 years old. Will I be alright if I save and invest...
by carguy1993
Sat Jul 29, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 8941

How to calculate your retirement number

Picking brains here. How do you guys calculate your retirement number?
by carguy1993
Sat Jul 15, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market Index
Replies: 7
Views: 10641

Vanguard Total Stock Market Index

I was looking at funds and technically since it is diverse in stocks would it be a reasonably safe fund to invest agressively for the next 30+ years?
by carguy1993
Sat Jul 15, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1785

Re: Best way to build wealth

With low expense ratios I invest with Vanguard and just started 401k up to full employer match.
by carguy1993
Sat Jul 15, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1785

Re: Best way to build wealth

Around $1200 a month I guess.
by carguy1993
Sat Jul 15, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1785

Re: Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank ...
by carguy1993
Sat Jul 15, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1785

Re: Best way to build wealth

30k a year salary before taxes. And thank you!
by carguy1993
Sat Jul 15, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I appreciate the advice guys. Looking to minimize risk but still get a decent return of about 5% before taxes. Looking either an index or a safer mutual fund. Something that will produce decently but hold its own in a bear market. Ie. Wellington or Weselley.
by carguy1993
Sat Jul 15, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 19
Views: 1785

Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank y...
by carguy1993
Wed Jul 12, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3379

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

Thank you and does market gains count as qualified dividends? And I will never pay taxes on my initial investment or future investments from post tax dollars?
by carguy1993
Wed Jul 12, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3379

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

What about Target Retirement 2055 is that better for taxes? The money going in is post tax so I thought you just pay taxes on the gains. I thought this was true with Wellington.
by carguy1993
Wed Jul 12, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3379

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

I personally like the Wellington fund. I am going to be switching from Vanguard TR2055 to Wellington after my yearly dividend payout in September. It has the track record the history and held its own in the 2000's compared to other funds. I want boring and consistent. Nothing is guarenteed but death...
by carguy1993
Mon Jul 10, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

Ideally 50/50 to 60/40 because I couldn't withstand to lose more than 25% of my fund in a given year. But I want very diverse, safe, and at least a 5-7% return on my investments. But its tough because bonds are pretty volatile as well but doesnt have the same returns as stocks. So definitely divers...
by carguy1993
Mon Jul 10, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

Where can I find that model calculator and any hit I face now. 30-40 years the market will rebound.
by carguy1993
Mon Jul 10, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

Then I would rather take alittle more risk to cover the performance of less than 5% roi if that makes sense?
by carguy1993
Mon Jul 10, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

But its tough because bonds are pretty volatile as well but doesnt have the same returns as stocks. So definitely diverse. Should I go index with TR2055 or mutual fund with Wellington admiral?
by carguy1993
Mon Jul 10, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

Ideally 50/50 to 60/40 because I couldn't withstand to lose more than 25% of my fund in a given year. But I want very diverse, safe, and atleast a 5-7% return on my investments.
by carguy1993
Mon Jul 10, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 5940

Re: 100k milestone

For those saying you hit 100k and then 10 years later you are at 500-900k? I am only investing an additional $500-600 a month. I am only working with about 30k income before taxes. I can live off of it and am content. How are you able to build your wealth that fast? Where do you have it invested? Is...
by carguy1993
Mon Jul 10, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I like the Wellington just dont know if I should choose Vanguard Wellington or Vanguard Target Retirement 2055. Wellington is 65/35 TR2055 is 90/10 but TR has more diversity with international and will hopefully lower such risk but Wellington has the track history. Both good funds but which one is b...
by carguy1993
Sun Jul 09, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 5940

Re: 100k milestone

Thanks I am 25 and learning. I just want to be able to have a safe retirement one day.
by carguy1993
Sun Jul 09, 2017 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I put 7% they match 3%. Just started that last week. Its a traditional 401k pre tax dollars not roth.
by carguy1993
Sun Jul 09, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

It is an idea. Im not sure how much risk I can handle but I have 35-40 years for the market to ride through so I am assuming agressiveish? But I am conservative by nature. But want a minimum annual return of 5% in order to meet retirement needs.
by carguy1993
Sun Jul 09, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I am gradually saving up. I dont want to touch the 65k though for a house. I want that for retirement. Wellington admiral shares or target retirement 2055 is a hard choice. Go with Wellington based solely on the fact that you need 50k to even get into the admiral shares. ... and as little as a week...
by carguy1993
Sun Jul 09, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 5940

100k milestone

Just wanted to know when and how you guys hit the 100k mark and where you are at in net worth now? Congrats on everyone for saving! I wont be at 100k probably until like 29-30 years old I am far off. I just love hearing the positive and motivating stories.
by carguy1993
Sun Jul 09, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I am gradually saving up. I dont want to touch the 65k though for a house. I want that for retirement. Wellington admiral shares or target retirement 2055 is a hard choice.
by carguy1993
Sun Jul 09, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

I just started a 401k at my job and they will match 3% so I put 7% in there. I make 30k a year before taxes.
by carguy1993
Sun Jul 09, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

In Vanguard Target Retirement 2055 fund. Im willing to let it sit and continue to contribute $500 a month until age 60-65 when Im nearing retirement. I am conservative by nature but want a good return. I have no debt at all but also no house but planning to put a 20% down payment by the time I am in...
by carguy1993
Sun Jul 09, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Re: Where to put 65k cash

Money is for retirement. Just dont know what to do. IRA's have a limit and I cant move all 65k into it.
by carguy1993
Sun Jul 09, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 1857

Re: Expected rate of return

And a 5% return before taxes and inflation and fees.
by carguy1993
Sun Jul 09, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 1857

Re: Expected rate of return

I am 25 and I believe 90 Stocks/ 10 Bonds. But is that too agressive?
by carguy1993
Sun Jul 09, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5453

Where to put 65k cash

Vanguard Target Retirement 2055
Vanguard Wellington Admiral
Vanguard Wellesley Income
Other and why

Looking to gain the most on my return while also covering myself if there is an upcoming bear market. Need advice from someone who has experience. My money is post tax.
by carguy1993
Sun Jul 09, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 1857

Re: Expected rate of return

Thank you because I am using 5% before taxes prediction. Then factoring in 25% tax bracket. Expense fees are 0.18%.
by carguy1993
Sun Jul 09, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 1857

Re: Expected rate of return

I just wanted to estimate a benchmark to use for my projected final number.
by carguy1993
Sun Jul 09, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 1857

Expected rate of return

Should I realistically predict a 5% annual return on investments in Vanguard Target Retirement 2045?
by carguy1993
Wed Jun 28, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: ROH
Replies: 6
Views: 572

Re: ROH

And sorry I meant ROI I was thinking about Ring of Honor Wrestling as I wrote this haha.
by carguy1993
Wed Jun 28, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: ROH
Replies: 6
Views: 572

Re: ROH

TR 2040. And just normal return. Not real return. Id like to think 5% is obtainable or is that too far off?
by carguy1993
Wed Jun 28, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: ROH
Replies: 6
Views: 572

ROH

ROH. Is a 5% return on investment for a Vanguard Target Date retirement account a good benchmark and reasonable to reach? Fee is .16% and I am in the 25% tax bracket. Thank you.
by carguy1993
Tue Jun 27, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Annuities
Replies: 12
Views: 1114

Annuities

I am still young but wanted to learn the pros and cons and if an annuity is the best for me in 35-40 years. Estimated to have 750k in retirement by then in 2055 dollars not todays money. Live pretty simple just dont want to ride the market during retirement and wanting to know if annuities are safe ...
by carguy1993
Tue Jun 20, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice
Replies: 4
Views: 471

Re: Investing Advice

I think a time-span of forty years is too long to try to make detailed planning for your retirement. A lot can happen between now and when you are in your sixties. Instead of focusing on the end of the journey (retirement), I recommend focusing on the journey itself (saving for retirement). Is your...
by carguy1993
Tue Jun 20, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice
Replies: 4
Views: 471

Re: Investing Advice

If you start with $65k and add $500 a month for 35 years and earn a 5% rate of return, you would have about $900k after 35 years: m Withdrawing $15k a year from $900k is a 1.67% withdrawal rate. You should be able to withdraw twice that indefinitely based on the past market returns. So your plan is...
by carguy1993
Tue Jun 20, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice
Replies: 4
Views: 471

Investing Advice

Im currently 25. Making between 30-35k a year. Already saved 65k and invested in a vanguard target retirement account. Assuming I save $500 a month to invest and then 7% of my income just started going into my 401k with a 3% employer match totaling 10%. I am also assuming an average annual return of...
by carguy1993
Fri May 26, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help and Advice [on retirement investments]
Replies: 9
Views: 832

Re: Need Help and Advice [on retirement investments]

Thank you Bill! I will keep that in mind. Im working on a 30,000 income before taxes. I put 550 a month into vanguard target retirement 2055 fund. And I put 7% in my companys 401k where the add 3%. I dont have extra wiggle room in my finances to contribute to a roth on top of that at this time. Unle...
by carguy1993
Fri May 26, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help and Advice [on retirement investments]
Replies: 9
Views: 832

Re: Need Help and Advice [on retirement investments]

I got the 800k by using the investment return calculator for bankrate.com and the 401k estimater calculated 250k post taxes. But yeah I am overthinking it. I do appreciate your time. I just have to see it through. I just dont want to get old and realized I needed to save more.
by carguy1993
Fri May 26, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help and Advice [on retirement investments]
Replies: 9
Views: 832

Re: Need Help and Advice [on retirement investments]

I am contributing 7% to a 401k with a 3% match. Should I increase that? I just started last month in the company 401k. I just hope to see a 4% return after taxes. What would be my best course of action to get better returns. I have a vanguard target retirement fund 2055 account. I dont have the extr...