Search found 20 matches

by hammer10k
Sat Jan 30, 2021 1:42 pm
Forum: Personal Investments
Topic: Switching to Three Fund Portfolio
Replies: 10
Views: 1304

Re: Switching to Three Fund Portfolio

If you have any questions just ask. I hope that this helps. This is a complete answer to the question I had about AA across a Vanguard taxable, Roth IRA Vanguard, and TSP. Thanks for the write up. I’m considering adding a REIT to my IRA. Do you have an opinion on this? I’m 31 with 80/20, AA as desc...
by hammer10k
Tue Jan 26, 2021 1:06 pm
Forum: Personal Investments
Topic: $6k into Newport Group 401(k) vs. Roth IRA - Are We Making a Mistake?
Replies: 2
Views: 210

$6k into Newport Group 401(k) vs. Roth IRA - Are We Making a Mistake?

Hi all, My girlfriend is starting to invest and has the option for a 401(k) with Newport Group (has Vanguard funds) with 0.25% monthly company match on gross income. She's in her 20s with a ~$65,000 gross income and no debt. The company match comes out to ~$135 a month, or $1625 a year, and the acco...
by hammer10k
Fri Jan 01, 2021 10:10 am
Forum: Personal Investments
Topic: TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback
Replies: 6
Views: 588

Re: TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback

I recommend simplifying to VTSAX for tax efficiency in taxable. Roth IRA in VTSAX with some emerging markets and other sector bets is ok because you can sell with no tax implications. I'm curious your thoughts on 80% equities/20% bonds for someone in their early thirties. TBGTI recommends this AA f...
by hammer10k
Thu Dec 31, 2020 12:09 pm
Forum: Personal Investments
Topic: VTSAX vs. US Growth (VWUSX) - Am I Missing Something?
Replies: 2
Views: 531

Re: VTSAX vs. US Growth (VWUSX)

It's better to compare funds long-term over the same period of time. Ten years is short-term. The inception of the oldest share class of Vanguard Total Stock Market was May, 1992. Since then, over the last 28 years, total stock has had both higher performance and lower volatility. Portfolio Visuali...
by hammer10k
Thu Dec 31, 2020 11:56 am
Forum: Personal Investments
Topic: VTSAX vs. US Growth (VWUSX) - Am I Missing Something?
Replies: 2
Views: 531

VTSAX vs. US Growth (VWUSX) - Am I Missing Something?

Hi All, I'm looking at the Vanguard fund lists and have heard so much about Total Stock Market Index, yet I see it's only a 7.62% annual rate of return since inception (2000), and I had never heard about the US Growth fund, yet it has a 11.2% ARR since 1959, and better returns over the last 10 years...
by hammer10k
Thu Dec 31, 2020 11:52 am
Forum: Personal Investments
Topic: TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback
Replies: 6
Views: 588

Re: TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback

I recommend simplifying to VTSAX for tax efficiency in taxable. Roth IRA in VTSAX with some emerging markets and other sector bets is ok because you can sell with no tax implications. I'm looking at the Vanguard mutual funds list and was wondering why VTSAX is so popular with a 7.62% annual rate of...
by hammer10k
Wed Dec 30, 2020 12:48 am
Forum: Personal Investments
Topic: TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback
Replies: 6
Views: 588

TSP, Roth IRA, Taxable - Looking for Asset Allocation Feedback

Hi all, Thanks for reading. I'm hoping to get feedback for long-term asset allocation across my three accounts. I'm a 30 y/o military officer with $100,000 in TSP with 72% in Common Stock, 15% in Small Cap Stock, 10% in International Stock, and 3% in Gov Securities. Separately, I have a Roth IRA wor...
by hammer10k
Wed Dec 02, 2020 3:28 pm
Forum: Personal Investments
Topic: Help Making Sense of the Portfolio Numbers
Replies: 4
Views: 578

Help Making Sense of the Portfolio Numbers

Hi all, I've been trying to make sense of the growth of my taxable and IRA accounts with Assetmark. I've used the GPS Accumulation/Growth/Profile 5 for both, which is the aggressive profile. I'm committed to switching over to an passive index fund but I'd like to get an idea exactly what I've seen i...
by hammer10k
Mon Nov 30, 2020 11:11 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

Follow up question: do I continue to pump up the retirement account if I don't plan on buying a house? My expenses are low and I feel like my car will last another 5-6 years. Not sure what to do with any excess income. I can imagine the fun discussions defending your investing strategy in the Ready...
by hammer10k
Mon Nov 23, 2020 6:37 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

Hello All, Thanks for reading. I'm a 31 year old military officer making $95k a year. I max my Roth IRA and Roth TSP annually. My IRA is worth $30k and TSP is $100k. The max TSP annual contribution is $19,500, so overall I put $25,500 into retirement each year. I've got a car worth $9k and rent for...
by hammer10k
Mon Nov 23, 2020 6:11 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

A few notes and a question: 1. Be prepared to be a landlord if you purchase a home. Or be prepared to lose money because of high transaction costs when selling. 2. Nice job with the savings and staying clear of debt. Given what looks to be very low expenses, I would recommend INCREASING your saving...
by hammer10k
Sun Nov 22, 2020 10:32 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

$1000 dollars a month in rent. Ride that gravy train with your current salary. I am only in the housing market because we have twins and will eventually need to buy our way into the school districts. You are crushing it! I think the biggest thing to think about is opportunity cost. It cost somethin...
by hammer10k
Sun Nov 22, 2020 10:11 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

My questions are: 1. Do I cut back on retirement contributions? I contribute about 30% of my take home pay. 2. If I do cut back, which account? The TSP matches 5% so I need to put at least $3,500 to get the full match. Is there any benefit to continuing to contribute to the Roth IRA since its both ...
by hammer10k
Sun Nov 22, 2020 7:03 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

Follow up question: do I continue to pump up the retirement account if I don't plan on buying a house?

My expenses are low and I feel like my car will last another 5-6 years. Not sure what to do with any excess income.
by hammer10k
Sun Nov 22, 2020 6:57 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

Are you planning on being career military? I don't see the point in buying a house if you're going to move in 2-4 years to your next assignment. I agree. i was about to type the same thing. congrats on all your other savings though -- you are kicking butt in that regard my brother was 30 years USMC...
by hammer10k
Sun Nov 22, 2020 6:29 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Re: Continue Maxing Retirement or Buy a House? (Military)

I'm not sure about career yet. I'll be in roughly 12 years by the time my contract is up, so it's a possibility. I'm a pilot so the airlines will be an option at that point, but even then I would likely stay in the reserves in some capacity and continue to fly mil part-time. Ideally that would be in...
by hammer10k
Sun Nov 22, 2020 6:12 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1715

Continue Maxing Retirement or Buy a House? (Military)

Hello All, Thanks for reading. I'm a 31 year old military officer making $95k a year. I max my Roth IRA and Roth TSP annually. My IRA is worth $30k and TSP is $100k. The max TSP annual contribution is $19,500, so overall I put $25,500 into retirement each year. I've got a car worth $9k and rent for ...
by hammer10k
Mon Oct 24, 2016 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Worth Keeping AMEX Gold Delta Skymiles CC?
Replies: 23
Views: 4821

Worth Keeping AMEX Gold Delta Skymiles CC?

Hi all, I have a $7,000 limit on my AMEX with no balance. I had been using it for a few years and now don't expect to need the card unless I'm making strategic purchases. The card has a $95 annual fee. Is it worth keeping the account open? And if I do, should I look to make big purchases on the card...
by hammer10k
Fri Oct 21, 2016 6:58 pm
Forum: Personal Investments
Topic: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?
Replies: 15
Views: 3428

Re: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?

Ya'll are all rockstars. Thank you for the advice! I've been going through each response and appreciate them all. More to come.
by hammer10k
Mon Oct 17, 2016 4:50 pm
Forum: Personal Investments
Topic: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?
Replies: 15
Views: 3428

New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?

Hi all, I opened accounts with AssetMark and maxed my Roth IRA for the year and put $3k into an investment account. Both accounts are designed for "an investor who seeks significant capital appreciation and is willing to accept a correspondingly greater risk of loss and volatility of returns.&q...