Search found 5 matches

by coolwave1515
Sat Jul 01, 2017 1:33 am
Forum: Personal Investments
Topic: Portfolio Review and Personal Financial planning - Suggestions needed
Replies: 11
Views: 1652

Re: Portfolio Review and Personal Financial planning - Suggestions needed

Thanks Meg77 for sharing your valuable insights. I really appreciate it. Now it is time for execution at my end. :happy
by coolwave1515
Thu Jun 29, 2017 2:18 am
Forum: Personal Investments
Topic: Portfolio Review and Personal Financial planning - Suggestions needed
Replies: 11
Views: 1652

Re: Portfolio Review and Personal Financial planning - Suggestions needed

The cash should at least be in a high yield savings account. Redneck pays 1.25% up to $35k. Ally pays 1.05%. I agree to pay off the car. I'd also get out of company stock and anything related to gold. Both are super high risk (gold has lost its shirt over the last few years). Thanks for your reply....
by coolwave1515
Thu Jun 29, 2017 2:12 am
Forum: Personal Investments
Topic: Portfolio Review and Personal Financial planning - Suggestions needed
Replies: 11
Views: 1652

Re: Portfolio Review and Personal Financial planning - Suggestions needed

"Meg77" - Thanks for your detailed thoughtful response. 1. Pay off the car loan. No sense having $80K in cash earning nothing while paying 4% on a car loan. You can rebuild cash quickly with the monthly payment savings. Reason is that people around me suggest that if you want to buy home i...
by coolwave1515
Thu Jun 29, 2017 1:04 am
Forum: Personal Investments
Topic: Portfolio Review and Personal Financial planning - Suggestions needed
Replies: 11
Views: 1652

Re: Portfolio Review and Personal Financial planning - Suggestions needed

Thanks Taylor for your quick response. Desired Asset allocation: Unsure. This is a very important decision because, more than anything else, it determines your expected return and your expected risk. Use this link to help you decide: Vanguard Investor Questionnaire This link suggests me 70% stocks, ...
by coolwave1515
Wed Jun 28, 2017 3:12 am
Forum: Personal Investments
Topic: Portfolio Review and Personal Financial planning - Suggestions needed
Replies: 11
Views: 1652

Portfolio Review and Personal Financial planning - Suggestions needed

Hi, I am a newbie investor. I have been conservative so far in life. Keeping money mostly in bank savings account in fear of losing money. Have been reading a lot about personal finance lately. I write this post in hopes of getting some advice so I can start investing systematically. Emergency funds...