Search found 8 matches

by tmslcs52501
Wed Aug 23, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - Need Help!
Replies: 7
Views: 913

Re: Portfolio Review Request - Need Help!

I didn't take a distribution. I did a rollover. The 10k invested into the joint acct at Vanguard was from my bank savings as well. I made my first purchase today. I bought 3k worth of VTSMX in my joint account. I'm in the process of moving 50k from Scottrade to Vanguard to buy some more funds. Gonna...
by tmslcs52501
Tue Aug 22, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - Need Help!
Replies: 7
Views: 913

Re: Portfolio Review Request - Need Help!

Thank you for the advice! I opened up an IRA account and Joint Account at Vanguard this week. I liquidated my Scottrade IRA with the ETFs and I liquidated about 10k of mutual funds from Scottrade self-directed IRA. Moving in 50k to Vanguard IRA and 10k to joint account. Maybe move another 10k in a f...
by tmslcs52501
Sat Aug 19, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio
Replies: 45
Views: 9598

Re: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio

I have nothing to add that would help you regarding the financial aspect. There are many people on this board smarter than me in that respect.

But I will pray for your husband and your family! God Bless.
by tmslcs52501
Sat Aug 19, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - Need Help!
Replies: 7
Views: 913

Portfolio Review Request - Need Help!

Emergency funds: $76,000 (7 months of gross salary combined), 36k earning .50% interest (bank savings acct), 40k earning 1.5% 11 mth no penalty CD (Ally Bank) Debt: Home: Owe $162,500 estimated value is $300,000, paying $834/month, 3.75% interest Vehicles: Owe $6,000, paying $262/month (1.89% intere...
by tmslcs52501
Wed Aug 16, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 5
Views: 806

Re: How am I doing?

To answer your question about the 401k, I contribute 16% each paycheck (630 every 2 weeks) until I reach 18k and then my contribution automatically changes to zero. My employer matches $0.50 to the dollar for the first 15% of contributions. So I max out at 18k, employer gives me 9k. My salary is 102...
by tmslcs52501
Wed Aug 16, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 5
Views: 806

How am I doing?

Hello everyone, I would like opinions on whether I'm being realistic to think I can retire by 62 at the rate I'm saving/investing. Also want to have about 2.5 to 3mil at time of retirement. I earn about 120-150k per year, wife earns about 25-35k (part time). We'll both be working about 20 yrs or so ...
by tmslcs52501
Fri May 19, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in real estate.....here's my portfolio
Replies: 5
Views: 928

Re: Should I invest in real estate.....here's my portfolio

The condo I co-own in FL is worth about 90k now (zillow estimate), we bought it for 133k in 2006. We see no profit each year and I really don't even think of it as a real estate investment since I only own 25% of the place and it's not worth much to begin with. We have a renter paying us $800 month,...
by tmslcs52501
Thu May 18, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in real estate.....here's my portfolio
Replies: 5
Views: 928

Should I invest in real estate.....here's my portfolio

I am really interested in investing in real estate, primarily for rental income. I currently have 1/4 of a condo in Jacksonville, FL that we have owned and rented out for 12 yrs now. I am looking to buy a condo in Myrtle Beach, SC for up to 100k max. Here's my portfolio now. If you were me, would yo...