Search found 909 matches

by BV3273
Tue Jan 30, 2024 5:45 am
Forum: Personal Consumer Issues
Topic: Planes, trains, automobiles, boats- $$$ for hobbies
Replies: 51
Views: 5522

Re: Planes, trains, automobiles, boats- $$$ for hobbies

I used to have a boat. Then the kids came into this world. No more boat.

I have however worked on boats in several capacities since I was a teenager. So if I get the urge I just go out on that boat free of charge. It’s cost effective and I still scratch the itch.

This thread will have a variety of answers. Mostly based on income, assets, and spending ability.
by BV3273
Mon Jan 29, 2024 5:40 am
Forum: Personal Finance (Not Investing)
Topic: What would you do if you found someone else's lost credit/debit card?
Replies: 42
Views: 3645

Re: What would you do if you found someone else's lost credit/debit card?

I found a few in my time.

Including one sitting in an ATM still logged in once and asking me if I want more time. In that case I canceled the transaction and gave it to Public Safety (was at a college).

The others I gave to the police station or store manager.
by BV3273
Sun Jan 28, 2024 3:18 pm
Forum: Personal Investments
Topic: Holding Employer Company Stock in 401k
Replies: 9
Views: 630

Re: Holding Employer Company Stock in 401k

gtrplayer wrote: Sun Jan 28, 2024 1:59 pm
BV3273 wrote: Sun Jan 28, 2024 1:22 pm I hate to ask, especially here, but I will anyway lol.

I’m an index investor. VTI & SPY mainly, but I’ve been running some numbers in portfolio visualizer and my company stock has been absolutely killing it since their IPO in the 80’s (11,300+% since 84’). Company does pretty basic stuff, not tech related. Mainly heating, cooling equipment, etc…

The question is should I add take a position within my 401k?

I already talked myself out of the Contrafund for that account and will stick with the SP500 fund in that account.

Thanks!
A company that goes 11,000% may not continue to grow at that rate. Do you think the company will continue to grow?
I think it will show continued growth, but then again my crystal ball is in the shop.
by BV3273
Sun Jan 28, 2024 3:16 pm
Forum: Personal Investments
Topic: Holding Employer Company Stock in 401k
Replies: 9
Views: 630

Re: Holding Employer Company Stock in 401k

CloseEnough wrote: Sun Jan 28, 2024 1:25 pm Too bad you didn't invest in your Company stock in the 80s. Sounds like it would have worked out well.

Are you familiar with Enron? If not, google it. Many employees lost a lot, having their company stock in 401k.

Sure, it could work out now, be a good investment. Or maybe not. Usually holding more than 5% in your employer would be inadvisable, so if you must, keep it small.
Was waiting for the Enron post. Thanks for the chuckle. Rewatched the documentary a few months back.
by BV3273
Sun Jan 28, 2024 1:22 pm
Forum: Personal Investments
Topic: Holding Employer Company Stock in 401k
Replies: 9
Views: 630

Holding Employer Company Stock in 401k

I hate to ask, especially here, but I will anyway lol.

I’m an index investor. VTI & SPY mainly, but I’ve been running some numbers in portfolio visualizer and my company stock has been absolutely killing it since their IPO in the 80’s (11,300+% since 84’). Company does pretty basic stuff, not tech related. Mainly heating, cooling equipment, etc…

The question is should I add take a position within my 401k?

I already talked myself out of the Contrafund for that account and will stick with the SP500 fund in that account.

Thanks!
by BV3273
Thu Jan 25, 2024 12:20 pm
Forum: Investing - Theory, News & General
Topic: Fishy M1 Trade
Replies: 37
Views: 3113

Re: Fishy M1 Trade

To be honest I originally liked the idea of M1 - Auto-Investing weekly, auto-rebalancing, etc...

I ultimately decided to close my account because although on paper it looks great there were too many moving parts, and it ultimately was a letdown.

Your trades only happen at a certain time of day, if they happen at all. Fees to cashout were another reason. Don't even get me started on all the paperwork I received when it came to tax time, although this is my own fault because I chose to invest a basket of individual stocks.

The juice isn't worth the squeeze in my mind.
by BV3273
Thu Jan 25, 2024 12:20 pm
Forum: Investing - Theory, News & General
Topic: Fishy M1 Trade
Replies: 37
Views: 3113

Re: Fishy M1 Trade

To be honest I originally liked the idea of M1 - Auto-Investing weekly, auto-rebalancing, etc...

I ultimately decided to close my account because although on paper it looks great there were too many moving parts, and it ultimately was a letdown.

Your trades only happen at a certain time of day, if they happen at all. Fees to cashout were another reason. Don't even get me started on all the paperwork I received when it came to tax time, although this is my own fault because I chose to invest a basket of individual stocks.

The juice isn't worth the squeeze in my mind.
by BV3273
Thu Jan 25, 2024 7:04 am
Forum: Investing - Theory, News & General
Topic: Why not just VOO and chill?
Replies: 78
Views: 8460

Re: Why not just VOO and chill?

There are worse portfolios to have. Holding just the S&P is not the most popular choice around here - most hold the 3 fund portfolio. Mainly due to the argument about past performance does not guarantee future results (historically the US market has done well, but that may not always be the case) and overall diversification. I tend to believe most of the companies in the S&P have some sort of global exposure, hence holding international is not a big focus of mine. Bonds (think BND) are important to an extent, but after some pullbacks we see they didn’t offer the kind of ballast/dry powder/protection many believed they offered. These days I’d rather hold Treasury ETFs over BND. So my .02 VOO & chill is fine in my book and if you ...
by BV3273
Wed Jan 24, 2024 6:58 am
Forum: Personal Investments
Topic: Emergency Fund Question
Replies: 8
Views: 779

Re: Emergency Fund Question

Thanks for the feedback. Might just do HYSA, VGSH, and iBonds.
by BV3273
Tue Jan 23, 2024 5:08 pm
Forum: Personal Investments
Topic: Emergency Fund Question
Replies: 8
Views: 779

Re: Emergency Fund Question

exodusNH wrote: Tue Jan 23, 2024 4:52 pm
BV3273 wrote: Tue Jan 23, 2024 4:51 pm I’m not a fan of having a large amount of cash sitting in a bank account, but after a recent layoff I appreciated having an EF.

Now that I’m employed again I am looking into moving into a multitiered approach instead of just using a HYSA.

I am thinking of the following:
3 months - HYSA
3 months - Ultra S. Term/Short Term/Intermediate Term Bond Funds
3 months - CDs
3 months - iBonds

My plan is to have 12-18 months expenses tied up in cash or cash-like equivalents.

My question is should I hold all 3 of those bond ETFs or just go for one?
Are you in a state with income tax?
Yes. NYC.
by BV3273
Tue Jan 23, 2024 4:51 pm
Forum: Personal Investments
Topic: Emergency Fund Question
Replies: 8
Views: 779

Emergency Fund Question

I’m not a fan of having a large amount of cash sitting in a bank account, but after a recent layoff I appreciated having an EF.

Now that I’m employed again I am looking into moving into a multitiered approach instead of just using a HYSA.

I am thinking of the following:
3 months - HYSA
3 months - Ultra S. Term/Short Term/Intermediate Term Bond Funds
3 months - CDs
3 months - iBonds

My plan is to have 12-18 months expenses tied up in cash or cash-like equivalents.

My question is should I hold all 3 of those bond ETFs or just go for one?
by BV3273
Wed Sep 20, 2023 11:39 am
Forum: Personal Investments
Topic: Automatic Investing at Fidelity
Replies: 2
Views: 494

Automatic Investing at Fidelity

I have a question that’s been bugging me. I have almost all of my accounts (retirement, brokerage, etc) at Fidelity. I want to setup automatic investing for my brokerage account into their total market fund (FSKAX). I noticed that you can only auto-invest monthly. I’d prefer it to be biweekly to go off of my pay schedule.

How are you current Fidelity users dealing with this?

Are you just investing once a month and that’s basically it?

It seems other brokerages have weekly or biweekly options as well. The only thing I can think of is to have the funds direct deposited into my brokerage account and then invested according to my core holdings.

Thanks in advance!
by BV3273
Wed Sep 20, 2023 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using SOFI for their banking?
Replies: 15
Views: 2845

Re: Anyone using SOFI for their banking?

Thanks All! Might be time to make a switch.
by BV3273
Wed Sep 20, 2023 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using SOFI for their banking?
Replies: 15
Views: 2845

Anyone using SOFI for their banking?

Rates look good. Bonus offer looks good. Seems like they are trying to do banking/investing/crypto (not interested) under one umbrella. Anyone have any experience with them? I’m really disenfranchised with my current brick and mortar. Grossly understaffed.
by BV3273
Wed Sep 20, 2023 6:59 am
Forum: Personal Investments
Topic: Fidelity Cash Mgmt Account
Replies: 29
Views: 6034

Re: Fidelity Cash Mgmt Account

Is there interest paid on cash that sits in the CMA?
by BV3273
Fri Sep 08, 2023 3:22 pm
Forum: Personal Consumer Issues
Topic: Generator to back up Sump Pump
Replies: 40
Views: 3403

Re: Generator to back up Sump Pump

valleyrock wrote: Fri Sep 08, 2023 2:42 pm First principle merit mention.

Make damn sure all water hitting the roof, driveway and sides of the house is diverted away from the house. Best way to check that is in a driving rain (but careful for lightning). If there's something off, such as a collapsed subsurface pipe fed by a downspout, fixing that could reduce or eliminate the need for the sump pump.
This plus make sure your gutters are clean.
by BV3273
Thu Aug 31, 2023 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: How The Raises/Bonuses At Your Employer Handled?
Replies: 34
Views: 3793

Re: How The Raises/Bonuses At Your Employer Handled?

Usually 2-3% raise annually for a merit increase. No bonus. I’m in sales. Salary plus commission. Bad year so commission has been extremely light.
by BV3273
Thu Aug 31, 2023 6:05 pm
Forum: Personal Investments
Topic: Bonds [Want to move out of bonds]
Replies: 16
Views: 1581

Re: Bonds [Want to move out of bonds]

folkher0 wrote: Thu Aug 31, 2023 5:53 pm I don’t like bonds. I only own them indirectly through tiaa traditional.

If I did own bonds, I would not sell them now, while prices are low and yields are high
Do you think it’s a good time to add them? Say if someone was 100% equities and wanted to be 80/20.
by BV3273
Mon Aug 21, 2023 8:06 am
Forum: Personal Finance (Not Investing)
Topic: How to Sell MIL's Jewelry?
Replies: 23
Views: 4130

Re: How to Sell MIL's Jewelry?

I’ll chime in here because I recently sold a piece I acquired a few years back. It was a singed Cartier piece that held some sentimental value for me and I decided to let it go. I went to several local
Jewelry shops who only offered to pay melt, which wasn’t much. I was surprised since it was a signed 18KT with some previous stones. I sold it for approximately 5X melt on eBay. Honestly it wasn’t even worth the hassle. I should have just kept it.
by BV3273
Sun Aug 06, 2023 4:52 pm
Forum: Personal Investments
Topic: electric car stocks. What's your opinion?
Replies: 118
Views: 11103

Re: electric car stocks. What's your opinion?

I’ll play.

Right now I think consumers are coming around to electric vehicles, but the cost of entry is still higher than a used gasoline powered vehicle. This is a major issue along with the batteries (they don’t last forever) and our electrical grid capacity.

Tesla is way ahead of the competition and I think will remain in that position for quite some time. Ford’s loss per vehicle is irrelevant right now. They invested in making electric vehicles, it’s not the same as say the Edsel disaster, but could be close if they don’t play their hand right. Remember they didn’t get bailed out in 08’.

If the indexes I own have electric car companies in them great, I am not gambling on any one company.
by BV3273
Fri May 19, 2023 7:09 am
Forum: Personal Finance (Not Investing)
Topic: what do you do? Go to work and hire out vs do it yourself?
Replies: 50
Views: 4614

Re: what do you do? Go to work and hire out vs do it yourself?

My MBA taught me one thing. ROI. Be it on time, money, etc.

If I dedicate my resources to a project what is the ROI, or in some cases cost savings versus hiring someone to do it.

Fixing a washing machine or painting a small room is rather cheap to do - both monetarily & from an investment of time. So I do it.

A large scale yard project that I could do on my own over a course of several weeks, that I’d need to rent a truck for, hire a few extra hands to complete does is not a good ROI for me. So I hired someone to do it.
by BV3273
Sun May 14, 2023 5:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7650
Views: 1723876

Re: What Book Are You Currently Reading? Part VI

Washington’s End
by BV3273
Sun May 14, 2023 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to simplify my accounts
Replies: 31
Views: 3768

Re: Trying to simplify my accounts

Taylor Larimore wrote: Sun May 14, 2023 12:56 pm BV3273:

I cannot think of a more worthy goal.

Read my "Simplicity" link at the bottom of this post.

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: -- "We ignore the real diamonds of simplicity, seeking instead the illusory rhinestones of complexity."
Thanks Taylor!
by BV3273
Sun May 14, 2023 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to simplify my accounts
Replies: 31
Views: 3768

Re: Trying to simplify my accounts

mhc wrote: Sun May 14, 2023 1:21 pm I use a single checking account as the hub for everything.

All income (paychecks, dividends,...) goes to the checking account.

All bills that can be paid with a credit card are paid with credit card. All other bills are paid from checking account. If they can be automated, I do that.

If I have excess funds in the checking account, I invest them into whatever fund needs them in my taxable account to bring my portfolio closer to the desired asset allocation.

If I know I have a large expense coming up, I'll hold on to extra cash in the checking account.

I have a separate savings account at Ally with just enough money to use for Zelle and Venmo.
Just curious. Why not reinvest dividends?
by BV3273
Sun May 14, 2023 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to simplify my accounts
Replies: 31
Views: 3768

Trying to simplify my accounts

My 2023 resolution is to simplify my financial life. I began closing erroneous accounts.

I am curious to see how my BH friends are handling their finances. Does everything get Direct Deposited and moved from there? Automate mortgage payment, CC bills, investments, etc…from the one account?

I really wish they taught Persona Finance 101 in high school.

Thanks in advance!
-BV
by BV3273
Mon May 01, 2023 7:25 am
Forum: Personal Investments
Topic: Financial Picture Review Request & Planning
Replies: 32
Views: 4249

Re: Financial Picture Review Request & Planning

I would max out your 401K contributions to decrease your current taxes. Also start maxing out her Roth, via the backdoor if necessary. Fees are high on your stable value fund; so I'd use only the S&P in your 401K. Pay off the auto loan and resolve never to take out another one. You likely don't need such a large EF; after paying off the auto loan, I'd keep $100K in cash and dollar cost average the rest into Total Stock Market and Total International over the next three quarters. By holding all of your desired international allocation in taxable, you'll get the benefit of the foreign tax credit. (20% international is as close as you'll get to a consensus view around here.) Consider buying your annual allottement of $10,000 per taxpayer ...
by BV3273
Mon May 01, 2023 7:11 am
Forum: Investing - Theory, News & General
Topic: why do people deposit more than the fdic limit?
Replies: 64
Views: 6885

Re: why do people deposit more than the fdic limit?

To answer the OPs question I’m not really sure. I’m definitely more aware of what’s going on now than in the past. Mostly because I’m older and have more to lose these days. When Signature bank tanked in NY I didn’t think much of it until my check didn’t come on time. Made me think twice. I’m not a fan of big banks - JPM, Citi, etc - but like my investments diversifying where I store some of my cash should hopefully limit any downside risk. I’ll probably open an account up with a bigger bank just in case. I’d be more worried if I had all of my money tied up in non-insured accounts. Don’t get me wrong I have plenty there, but I’m also keeping money in HYSA at a few banks just in case. Worst case I lose a little to inflation, best case I have...
by BV3273
Mon May 01, 2023 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Vacation home. Timing and financial implications
Replies: 52
Views: 6745

Re: Vacation home. Timing and financial implications

I like the idea of going somewhere with the family also. Always wanted something near the beach. Spoke to a wealthy friend of mine and he had some pearls of wisdom - “Why buy something and worry about taxes, maintenance, insurance, natural disasters. I could stay in the nicest hotel around for a month and negotiate a great nightly rate.”

At first I was like you’re nuts, but then I see my friends who bought vacation homes and they are mostly complaining about how they have to get there to check on this or that. Not really the fabulous lifestyle I have in mind.

If you want it go for it. Make those memories. You got the financial resources to make it work.
by BV3273
Wed Apr 26, 2023 2:32 pm
Forum: Personal Investments
Topic: Money Market Risk Question
Replies: 12
Views: 1244

Re: Money Market Risk Question

burritoLover wrote: Wed Apr 26, 2023 8:57 am Like anything, diversifying your risk (some in a bank/CDs, some in MM), is probably a good plan. We can't predict what circumstances may play out in the future that may cause numerous MM funds to "break the buck" or cause widespread bank runs that delay access to your FDIC-insured cash. And then some cash under the mattress in case both have issues.
👍🏼👍🏼
by BV3273
Wed Apr 26, 2023 7:51 am
Forum: Personal Investments
Topic: Money Market Risk Question
Replies: 12
Views: 1244

Re: Money Market Risk Question

Makes sense.
by BV3273
Wed Apr 26, 2023 7:09 am
Forum: Personal Investments
Topic: Money Market Risk Question
Replies: 12
Views: 1244

Money Market Risk Question

Just curious. It seems that many here hold MMFs with brokerages, after looking into many of these funds I realize most are not FDIC insured.

Do you think there could be potential risk to holding these MMFs versus holding money in FDIC insured accounts?
by BV3273
Wed Apr 26, 2023 7:07 am
Forum: Personal Investments
Topic: Need help deciding which bond fund to go with
Replies: 6
Views: 655

Re: Need help deciding which bond fund to go with

pepperonicheezer wrote: Wed Apr 26, 2023 6:57 am I am aiming for a 10% bond allocation in my portfolio. I would prefer to fit this allocation into my 401(k), unfortunately, my 401(k) doesn't have the best options for bond funds. I want something like VBTLX, but these are my only options:
  • JCPUX-high expense ratio
  • VTAPX-don't need short-term as I'm only 24
  • DFIHX-don't know much about this one
Instead of choosing one of these funds, would I be better off with VBIAX? It invests 40% into bonds, so as long as it makes up 25% of my portfolio I will have the 10% bond allocation I am looking for. Is this my best option considering the above?
I’d recommend listing the name of the tickers you posted. Most don’t know what all of them are.
by BV3273
Sun Apr 23, 2023 3:44 pm
Forum: Personal Investments
Topic: Fidelity Cash Management Account (CMA) Question
Replies: 37
Views: 8298

Re: Fidelity Cash Management Account (CMA) Question

I have mine set up to overdraft to my brokerage account. The CMA account has $0 in it. I do the same thing. I pay all my bills out of the CMA account and it just automatically draws money as needed from my brokerage account. Is it automatic or do I need to set that up? Also, if you hold multiple funds in your brokerage do you need to select which one it will draw off? Yes, you have to setup overdraft protection for the CMA account. Fidelity will only automatically liquidate money market funds. There is a Wiki about it. https://www.bogleheads.org/wiki/Fidelity:_one_stop_shop Fidelity has rules about how auto liquidation runs. You cannot define your own rules. You can manually sell a certain MMF if you don't like what Fidelity will do. Aweso...
by BV3273
Sun Apr 23, 2023 1:46 pm
Forum: Personal Investments
Topic: Fidelity Cash Management Account (CMA) Question
Replies: 37
Views: 8298

Re: Fidelity Cash Management Account (CMA) Question

qwerty3656 wrote: Sun Apr 23, 2023 12:36 pm
whodidntante wrote: Sun Apr 23, 2023 11:07 am I have mine set up to overdraft to my brokerage account. The CMA account has $0 in it.
I do the same thing. I pay all my bills out of the CMA account and it just automatically draws money as needed from my brokerage account.
Is it automatic or do I need to set that up? Also, if you hold multiple funds in your brokerage do you need to select which one it will draw off?
by BV3273
Sun Apr 23, 2023 1:45 pm
Forum: Personal Investments
Topic: Fidelity Cash Management Account (CMA) Question
Replies: 37
Views: 8298

Re: Fidelity Cash Management Account (CMA) Question

Thanks for the replies!
by BV3273
Sun Apr 23, 2023 10:38 am
Forum: Investing - Theory, News & General
Topic: The risk of stock and investment horizon
Replies: 113
Views: 10676

Re: The risk of stock and investment horizon

In various finance book shows a bar graph chart where over a longer horizon the return of stock become positive. The chart implies that the longer you hold the stock, the less risker it is. I have in fact mentioned this wording in the past. However, this is probably not correct. Stock risk does not decrease with investment horizon. It's just that because stocks have a higher return result in a positive return if held for long periods of time. The risk however does not decrease. If you hold stock for a long time, you will likely hit a market correction. The investor will feel the pain and see their portfolio decline sharply even if in the end they end up with more money than they started. This makes me wonder if this is a good white lie. Be...
by BV3273
Sun Apr 23, 2023 10:24 am
Forum: Investing - Theory, News & General
Topic: Does Anyone Else Apply Graham's Value Principles to Mutual Funds?
Replies: 43
Views: 2735

Re: Does Anyone Else Apply Graham's Value Principles to Mutual Funds?

I mean you’re basically just buying out of favor sectors. Very Hetty Green like - Buy investments that are out of favor and then sell when they appreciate.

With all honesty I’d expect you make better returns than plain Jane VTI or VOO if you can buy, sit, and wait long enough.
by BV3273
Sun Apr 23, 2023 10:19 am
Forum: Personal Investments
Topic: Fidelity Cash Management Account (CMA) Question
Replies: 37
Views: 8298

Fidelity Cash Management Account (CMA) Question

I have a quick question about my Fidelity CMA account. Can I select where the cash sitting in there in invested or is it just defaulted to some sort of money market/savings?
by BV3273
Sun Apr 23, 2023 10:16 am
Forum: Investing - Theory, News & General
Topic: Is asset allocation possible without looking at historical data
Replies: 169
Views: 10814

Re: Is asset allocation possible without looking at historical data

My answer to the OP is yes.

All I know is that historically equities go up. Are there bumps in the road now and then? Yes, but if you hold long enough they become less and less of an issue because the chart always goes up.

That being said my AA is biased because I mainly hold VTI & VOO.

Are there great companies overseas? Yes, but I think we’re in a world now where companies based both domestically and internationally are so intertwined there’s no need to hold another fund to get exposure to international companies.
by BV3273
Wed Apr 19, 2023 8:38 am
Forum: Personal Investments
Topic: Where to put Dividend ETF & REIT Funds
Replies: 11
Views: 1209

Re: Where to put Dividend ETF & REIT Funds

Just curious. I don’t have access to a Roth since I make too much money. Should I place these in a Traditional IRA? Also, if I want to put in more than my IRA limit, where should I place these funds? Thanks! It depends on what kind of space and how much of that space you have. Under most circumstances, REIT should not be held in taxable. IRA, Roth IRA, 401k type plan are all good. If you don't have any of these other spaces to hold it, consider that REIT is already included in total stock and 500 index funds and maybe you don't need any extra. Sort of the same with a dividend ETF although I suspect that a dividend ETF would be better in taxable than REIT. However, if you want to maximize tax-efficiency, you would use total stock in taxable...
by BV3273
Wed Apr 19, 2023 7:24 am
Forum: Personal Investments
Topic: Where to put Dividend ETF & REIT Funds
Replies: 11
Views: 1209

Re: Where to put Dividend ETF & REIT Funds

anon_investor wrote: Wed Apr 19, 2023 6:56 am
BV3273 wrote: Wed Apr 19, 2023 6:51 amBump.
What type of accounts do you have?
Brokerage and traditional IRA
by BV3273
Tue Apr 18, 2023 8:11 pm
Forum: Personal Investments
Topic: Where to put Dividend ETF & REIT Funds
Replies: 11
Views: 1209

Re: Where to put Dividend ETF & REIT Funds

muffins14 wrote: Tue Apr 18, 2023 8:03 pm
BV3273 wrote: Tue Apr 18, 2023 7:14 pm Just curious. I don’t have access to a Roth since I make too much money. Should I place these in a Traditional IRA? Also, if I want to put in more than my IRA limit, where should I place these funds?

Thanks!
Nowhere! I joke, but, why do you want REITs?
Diversification
by BV3273
Tue Apr 18, 2023 7:14 pm
Forum: Personal Investments
Topic: Where to put Dividend ETF & REIT Funds
Replies: 11
Views: 1209

Where to put Dividend ETF & REIT Funds

Just curious. I don’t have access to a Roth since I make too much money. Should I place these in a Traditional IRA? Also, if I want to put in more than my IRA limit, where should I place these funds?

Thanks!
by BV3273
Tue Apr 11, 2023 1:09 pm
Forum: Personal Investments
Topic: Bond Fund Selection in 401K
Replies: 2
Views: 323

Re: Bond Fund Selection in 401K

cromwell wrote: Tue Apr 11, 2023 12:29 pm Vote for #3 option
Thanks!
by BV3273
Tue Apr 11, 2023 12:26 pm
Forum: Personal Investments
Topic: Bond Fund Selection in 401K
Replies: 2
Views: 323

Bond Fund Selection in 401K

Hello Everyone,

I have 3 options available in my 401K for a cash/bond funds.

1. Stable Value - ER 0.35 - 7 day yield 1.79%
2. Fidelity Tot Bond K6 - ER 0.30 - 30 day yield 5.04%
3. Vanguard Tot Bond Inst Shares - ER 0.035 - 30 day yield 4.16%

Please let me know which you think would be best.

Thanks!
by BV3273
Wed Mar 15, 2023 9:14 am
Forum: Personal Investments
Topic: You're in your 20's, just made 100k profit from your business, how do you scale your wealth?
Replies: 35
Views: 3031

Re: You're in your 20's, just made 100k profit from your business, how do you scale your wealth?

I have a small business that I run on the side of my regular job. It creates some revenue for me but nowhere near 100k yet. And I stress yet because it most certainly will in the future. I learned a lot in the last year or so since I incorporated. 1. Cash flow is EXTREMELY important 2. Take your time 3. Block out the noise 4. Keep grinding 5. Have some fun with it 1. I was cash flowing my business from my W2 income to get it off the ground. While this was great when I had big commission checks rolling in from my day job everything hit the skids when the sales slowed down for me. Whatever you think you need to get your side business off the ground, double it. Then possibly double it again. 2. I’ve seen so many guys try to set the world on fi...
by BV3273
Sun Sep 04, 2022 12:50 pm
Forum: Personal Investments
Topic: FIRE Situation at age 40
Replies: 49
Views: 9358

Re: FIRE Situation at age 40

No one has really said this yet so I’ll chime in. I think there’s a growing trend of people in our age group dealing with this same situation/thought process. I’m 36 and often ask myself “Is this it?” Cause if it is I want out. It may be teaching for you but for me it is all the corporate “nonsense” I have to deal with on a daily basis. I’m tired of it. My plan has been to start my own side hustle/business that can help me replace my income. It has to revolve around something I am passionate about. It has been slow but steady. A few more years and I should be there. Perhaps you can do something similar. You need to do something when you leave your job. Might as well make it produce some income. You need to take some time and just brainstorm...
by BV3273
Sat Aug 20, 2022 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Medical Equipment Billing Surprise
Replies: 15
Views: 2183

Re: Durable Medical Equipment Billing Surprise

Unfortunately this has a tendency of happening with many DME Providers.

They try to bill insurance and when it falls through because they either didn’t file paperwork correctly or there wasn’t an actual need they send you a bill.

To top it all off they’ll claim these are custom made and/or are a medical device of sorts and they won’t refund you.

Rock and a hard place unfortunately.
by BV3273
Fri Aug 12, 2022 2:32 pm
Forum: Personal Investments
Topic: AA for HSA
Replies: 14
Views: 1096

Re: AA for HSA

Awesome thanks all! I’ll probably go all equities. Need to read up on the plan details. This is a first time having one for me.