Search found 19 matches

by NewTimes
Mon Oct 01, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for myself and wife
Replies: 7
Views: 407

Re: Roth IRA for myself and wife

Here are the points I am seeking for suggestions: - is it wise for the wife and my Roth to have the same funds or should we diversify the accounts? - is it wise to have the Roths be the same as funds in our portfolio? Your two new Roths can and perhaps should hold the same funds as each other and a...
by NewTimes
Mon Oct 01, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for myself and wife
Replies: 7
Views: 407

Re: Roth IRA for myself and wife

Here are the points I am seeking for suggestions: - is it wise for the wife and my Roth to have the same funds or should we diversify the accounts? - is it wise to have the Roths be the same as funds in our portfolio? Your two new Roths can and perhaps should hold the same funds as each other and a...
by NewTimes
Mon Oct 01, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for myself and wife
Replies: 7
Views: 407

Re: Roth IRA for myself and wife

Rupert wrote:
Mon Oct 01, 2018 12:34 pm
You have to have earned income (i.e., income from work) to make Roth contributions.
True and I do for 2018.
by NewTimes
Mon Oct 01, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for myself and wife
Replies: 7
Views: 407

Roth IRA for myself and wife

First, many thanks to all who have provided a wealth of comments and suggestions from this site. I appreciate all those who have contributed their experience and recommendations. I want to open up two Roths this year, and these are our first. Both at $6,500 for myself and spouse. Wife is very uncomf...
by NewTimes
Thu Sep 20, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: When or is an index to big?
Replies: 4
Views: 593

When or is an index to big?

First, many thanks for the valuable information I have gained from this site that has benefited me greatly. I have read this same statement many times from others and just personally want to thank you to all. As I was the greenest of the green in not knowing anything about investing, I've gained a b...
by NewTimes
Tue Aug 21, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: ICE or a hybrid car
Replies: 31
Views: 2128

Re: ICE or a hybrid car

I am a fan of the plug-in hybrids. The tech is pretty solid and there are some deep discounts. I'm not really sure why. Check out a 2016 or 2017 Ford Fusion Hybrid or Energi (plug-in). We got a 2017 Fusion Energi with under 20k miles for $19,900. It was the Titanium version with all the features (l...
by NewTimes
Mon Jul 16, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

20+ years stock investor, real estate owner, landlord. Personal opinion: Robo funds are not worthwhile for most investors, don't waste your time with one. It's a complexity that won't add value in any ways that are relevant to your case. A little bit of stock (about like you're planning) is reasona...
by NewTimes
Sun Jul 15, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

SLOW DOWN! STOP! DON'T JUST DO SOMETHING, STAND THERE! You have accumulated 300k over your life. Congrats. What you do over the next 3-6 months will make ZERO appreciable difference in the outcome, so I STRONGLY recommend you sit in cash/CDs for the next 6 months while you educate yourself and your...
by NewTimes
Sun Jul 15, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

SLOW DOWN! STOP! DON'T JUST DO SOMETHING, STAND THERE! You have accumulated 300k over your life. Congrats. What you do over the next 3-6 months will make ZERO appreciable difference in the outcome, so I STRONGLY recommend you sit in cash/CDs for the next 6 months while you educate yourself and your...
by NewTimes
Sun Jul 15, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

I decided to check out VG Target Retirement 2020 and compare it to 2015 since I'm in the middle. The 2020 is a little more aggressive. I also wanted to put my toe in the water with a Robo. Am leaning towards Schwab Intelligent Investor. For $5k, I get a rep who can provide me some recommendations an...
by NewTimes
Sun Jul 15, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 30523

Re: Torn between Vanguard, Fidelity and Schwab

relative newbie to investing in general .... tomorrow get to sit down for my second session with an advisor in a nearby local Fidelity office While Fidelity and Schwab don't have reputations for doing everything they can to steal your money, they still need to make a profit. Please be careful about...
by NewTimes
Fri Jul 13, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

Owner financing would not be something I would undertake at your age, unless you can handle non-payment including foreclosure, both financially and emotionally (family). Actually the owner financing is the one option I am most comfortable with. In my past work history, I worked closely with attorne...
by NewTimes
Fri Jul 13, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

I would recommend an AA of at least 25% stocks. So if you are ultra-conservative, an AA of 25/75. Have you considered delaying SS to 70? That’s an 8% return. How’s your health? The healthier you and your wife are, the more it makes sense to delay. But I am not a social security expert, but think ab...
by NewTimes
Thu Jul 12, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

With $150K currently in CDs I can hope to generate 2-3% for a period of the 10 years. With the goal as my spouse becomes more comfortable with my investing knowledge to reallocate about $250k+ into funds. So in 10 years I hope to have the current $300k + CD interest (for what amount they are) and in...
by NewTimes
Thu Jul 12, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

In addition to the $300,000 cash plus the SEP, do you have any other liquid assets? None liquid but two small real estate parcels [/u] You mentioned real estate — do you own any property that is producing income? non income producing, a vacant commercial lot and a recreational river front lot [/u] ...
by NewTimes
Thu Jul 12, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

In addition to the $300,000 cash plus the SEP, do you have any other liquid assets? None liquid but two small real estate parcels [/u] You mentioned real estate — do you own any property that is producing income? non income producing, a vacant commercial lot and a recreational river front lot [/u] ...
by NewTimes
Thu Jul 12, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

In addition to the $300,000 cash plus the SEP, do you have any other liquid assets? None liquid but two small real estate parcels [/u] You mentioned real estate — do you own any property that is producing income? non income producing, a vacant commercial lot and a recreational river front lot [/u] ...
by NewTimes
Thu Jul 12, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Re: Abundance came late, now I'm overwhelmed playing catch up

Welcome to the forum. First, you will likely have to "negotiate" an asset allocation (ratio of stocks to bonds) for peace in the family. We would strongly recommend some level of equities (stocks) to provide some growth and inflation protection. Widely regarded author (and BH member) Rick Ferri sug...
by NewTimes
Thu Jul 12, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 26
Views: 4671

Abundance came late, now I'm overwhelmed playing catch up

2012 to 2017 were productive years. Sold our business, rental homes, owner financed some real estate and ended up with $300,000 cash to invest. Wife is ultra, ultra conservative and only wants CD's. To do something, bought I bought 1 year CDs at local bank for 2.37%, and this week a 2 year CD at Pur...