I was wondering if the new free Fidelity international fund did both developed international markets and emerging markets and the answer is yes, it does. Large and mid-caps.
My employer matches but not until after a year of employment and I'm a handful of months away from my anniversary date. Never occurred to me that some employers don't do the year end thing - I'll have to ask some of my coworkers. Thanks for bringing this up!Do you have a company match? Is it tied to your contribution (100% match up to 3% of your salary,etc) or fixed? If you do have a match and it is tied to your contribution, check to see if your company does a year end true up. Some companies do, some don't. Mine does not so I would be losing out by front loading since it's calculate on a paycheck by paycheck basis. If the answer is no to any of my questions, go for it. I would front load if I didn't lose out on the free match.
You clearly have not met ERA's Tesla Fanboys and Fangirls yet.
Why do you say that? Tesla has promise but it's far from a sure thing in my opinion, and quite the gamble. Have they even made a profit yet, ever?
I'm glad that (usually) OT threads end up steering people here instead of remaining a cesspool of "OK, for long-term, you're going to need about 80% etherium, and pour the rest into a mixture of Tesla and Snapchat (trust me on this)..."That poster actually wasn't being sarcastic. A few pages ago they were recommending investing in the FAANG companies if you wanted growth, not doing an index fund which is just ridiculous.
I don't know if we have a thread in Hangouts where people talk about individual stocks like we had at GAF but that's really the place for those discussions, not a retirement thread.
I'm glad that (usually) OT threads end up steering people here instead of remaining a cesspool of "OK, for long-term, you're going to need about 80% etherium, and pour the rest into a mixture of Tesla and Snapchat (trust me on this)..."
Hey, we made some good money a few years ago selling my husband's old MTG cards. Dumped it all in the mortgage.You are going to want to diversify that portfolio with some Lego sets and Magic the Gathering cards.
Nothing in this world is sure except you will one day die.Why do you say that? Tesla has promise but it's far from a sure thing in my opinion, and quite the gamble. Have they even made a profit yet, ever?
You might want to ask in the investment thread. You wont find much love for penny stocks in these parts. ;)Need some advice, if some of you can kindly provide:
I've had a Vanguard brokerage account for over two years now. Approximately $35k in the account with mutual index funds. However I've been contemplating opening up a second brokerage account elsewhere to possibly invest in penny stocks or other funds that may not be available to Vanguard. I don't intend on splurging what I would otherwise invest in mutual funds at Vanguard, but I do want to dabble with options and cheap stocks. Also I am becoming more green conscious and would prefer to have a broker that has a larger selection of ESG or environmental funds that invest in eco-friendly companies. Vanguard, from what I understand, has one currently and is poised to release two additional funds come September, but I would still prefer to have more options.
With that said, what broker would y'all recommend that isn't Vanguard? I've contemplated Schwab and TDAmeritrade and have looked up the pros and cons, but I would appreciate advice from this community. Thanks.
Edit: I'm also looking into Ally Invest which I might consider.
Oh haha I didn't realize what thread I'm in. Sorry about that and thanks!You might want to ask in the investment thread. You wont find much love for penny stocks in these parts. ;)
https://www.resetera.com/threads/in...ividends-no-tales-from-the-crypto-here.28604/
I just found out some info on those new Fidelity 0% fee Total US and Total International funds. They're not actually buying stock in every one of these companies like regular total market mutual funds do. Instead they are using some algorithm to simulate the total stock market by just buying the stock of companies that supposedly represent entire industries. Other companies have tried this before and it generally doesn't end well due to lack of true diversity.
I think these are synthetic index funds which do not hold all the real assets but using financial tools to replicate performance similar to index benchmark. Many European based index fund use this method.I just found out some info on those new Fidelity 0% fee Total US and Total International funds. They're not actually buying stock in every one of these companies like regular total market mutual funds do. Instead they are using some algorithm to simulate the total stock market by just buying the stock of companies that supposedly represent entire industries. Other companies have tried this before and it generally doesn't end well due to lack of true diversity.
I think anyone at Fidelity would just be better off using whatever total stock market funds they're already in and staying away from these.
I think these are synthetic index funds which do not hold all the real assets but using financial tools to replicate performance similar to index benchmark. Many European based index fund use this method.
https://advisors.vanguard.com/VGApp/iip/site/advisor/etfcenter/article/ETF_PhysicalSynthetic
Hey, so I am kind of getting killed with fees by Empower retirement (from a previous job) where I believe the only option was to accept an actively managed portfolio and was looking for the smartest and cheapest (free) way to rollover into vanguard or fidelity... or just turn my actively managed account into a passively managed fund. Anyone have a good guide on this? I heard some of these companies try to sell you on staying with their portfolios, or make it somewhat of a cumbersome process to transfer.
Transferring into a 401k to another should be free right? Do you just do that through an IRA? Sorry if these are all dumb questions, I just want to avoid mistakes if I can, or at least the easy ones.
Contact them. No one here is going to know that specific info.Does anyone invest here through Hargreaves Lansdown (in the UK)? I opened a Lifetime ISA last night with monthly contributions of £25, however it was late so I picked the 'Pick fund later' option. Now when I'm trying to pick the actual fund I want I want to invest in, it just keeps taking me to the dealing page where it says the minimum investment is £100. Do I just need to wait until I have £100 in my account before I can pick a fund? Any help appreciated!
1. Don't try to time the market.I keep hearing things about a bear market that may be coming. I'm trying to decide what I want to do. I have some money in a very nice, managed fund. It started out as my "play" money, but has done really well (I think 12% overall since I've owned it, with some years being up to 20). However, the fund is volatile, so if the market drops, it drops pretty hard. The fees for the managed fund aren't that bad (I think .7%).
I'm considering moving maybe half of it or maybe more to VFIAX, in case the market recedes. I don't want to lose out on some potentially great returns, but I also want to protect some of my gains. Any advice from seasoned fund investors?
i have a sort of dumb general roth knowledge question that i'm stumped by.. currently mid 20s, fortunate enough to be able to max my 401k and roth ira for the last year and hoping to continue to do so in the coming years. my 401k is about 60/40 pre-tax/roth contributions.
i just really started investing properly this last year or two -- i'm at the 'beginning' of my career and hope to make my more by the end of it, so higher tax bracket etc, which appears to be the selling point of roth. what i don't understand is that once i retire, say in 40 years, won't i be in a much lower tax bracket because i'll be taking out much less than i need now annually? i can't imagine taking out as much income as i generate now when i retire... hopefully i will have paid off a house by then, and at the very least, i won't have to be taking out money for the purpose of saving for retirement. doesn't this sorta negate the benefit of the roth contribution in the first place?
tokkun, what if a high earner in the 39.6% federal income tax bracket living in a state with a high state income taxes (and maybe city income tax!), is on track to retire within 15 years, decides upon retirement to move to a state with no state income tax and live a more modest life within the 25% federal income tax bracket? Would you recommend a Roth 401(k) in this scenario? Asking for a friend.
I'd imagine a high-earner would rather take money out of his taxable account, maybe even tax-loss harvest, to free up some money for a grandchild's tuition, than to take any money out of a tax-advantaged account, no? Asking for a friend.
Congress can also legally repeal tax-free gains in a Roth IRA.
yesHello Retirement-ERA!
I have about $5,000 sitting in a 401k from a previous job. Nothing has been contributed in a few years, but I'm in a place now where I'm ready to start saving again.
Should I roll that money over to a Roth-IRA?
Sounds like you're on the right path then.As someone with a generally poor understanding of finance, I appreciate the straight forward answer, haha..
My plan is to contact Vanguard and discuss this option. My accountant strongly recommended I focus on a Roth IRA.
There are no meaningful downsides and there are occasionally upsides to having your accounts at the same place.Okay, my 401k has reached its contribution limit for the year so I'm looking into dumping some $$$ into a Roth IRA. Are there any downsides to putting both my 401k and Roth IRA at the same firm (in my case, Vanguard)?
For my Roth IRA, should I even bother investing in international funds? For the sake of diversification, I've put 10% of my 401k contributions into the "cheaper" international fund my 401k offers and it's not only my most expensive expense ratio, it has lost 4% for me (and dropped another 2% today apparently). Not sure if I want to sell off and eat the loss but I'm guessing I'll have to pay those management fees on top of my losses at the end of the year?
Bumrush, you didn't call on me, but thought I might be able to help.
You should be trying to keep a balanced portfolio. So as stock prices rise and bond prices drop, you should be buying more bonds. If your VTEB is supposed to be 10%, you should be buying more of that to remain balanced. This is what helps offsets market corrections, and it's much better than trying to time the market.
As a whole paying off any loan or debts isn't a bad decision. You are trading a the ever changing market return for a guaranteed 3% to 7% loan payment rate. There are a lot of opinions about which is better, but you are making good decisions with either choice.
Bumrush, you didn't call on me, but thought I might be able to help.
You should be trying to keep a balanced portfolio. So as stock prices rise and bond prices drop, you should be buying more bonds. If your VTEB is supposed to be 10%, you should be buying more of that to remain balanced. This is what helps offsets market corrections, and it's much better than trying to time the market.
As a whole paying off any loan or debts isn't a bad decision. You are trading a the ever changing market return for a guaranteed 3% to 7% loan payment rate. There are a lot of opinions about which is better, but you are making good decisions with either choice.
There are lots of reasons for the current price of bonds. What's important is to maintain a balanced portfolio and to try and include some more stable allocations if the current market makes your nervous.Bonds are dropping because of interest rates right now, not stock prices.
Tell him to dump it all in a total market index fund and forget about it.Hey everyone. My girlfriend's 18 year old cousin just had his father pass away. His father left him a home that, once sold, will net him nearly six figures in proceeds.
His parents were divorced, so the money goes straight to him. His mom and other family members are trying to reach for handouts, so we're trying to come up with investment strategies for him, so there's not much liquidity for them to take.
Sorry if this is too broad of a question, but if anyone has any advice we can pass on to him as to how to properly invest his inheritance, we would greatly appreciate it!
That a lot of money that is wasting away for three years...What does your emergency fund situation look like?Gonna ask here cuz you guys might have some ideas for something like this.
I plan to pay off my $75k mortgage in 3 years starting 01/01/2019. That's $25k a year into... something? Not sure what way to go but was thinking of pumping it into an indexed fund. Am I crazy to do that instead of just putting it in a saving account?
I'm not putting it towards the principal monthly because I want to make sure I can absolutely get rid of the payment before I drop even one extra cent into the mortgage. I figure if I lose my job at any time, I'll still be able to use the money for mortgage payments if I keep it instead of putting it torwads principal. There is no PMI on the loan.
That a lot of money that is wasting away for three years...What does your emergency fund situation look like?
Are you dead set on paying of the mortgage in 3 years or would you be ok with waiting 5 or more. If you're flexible invest it and pull it out at an opportune moment when the market is not tanking at that time.
Personally, I'd definitely invest then.I'll be at 6 months emergency fund ($7500) by end of year. I don't have a car payment or CC payments. So, at that point, I wanted to start a strategy to pay off this condo in 3ish years, if I can pull it off, and then rent it out. It doesn't have to be 3 years but I definitely don't want to wait over 5.