Official Investing Thread

I don’t think that’s right for him.

 

I think this was a joke?

SWPPX Nandor the Relentless

 

What?

 

So I can take my Schwab Roth IRA and put it into one of their Roboadvisor ones and it won't cost anything?

I'm just researching my options until I decide.

 

I use Schwab for everything except savings and my 401(k). If you are just trying to do index funds I’d stick with it. Their funds are just as good.

 

Well yeah I'm not trying to get rid of the Roth IRA.

 

I don’t understand what you’re getting at. You seem to be at a good foundation imo.

Schwab Roth, keep finding it annually, ????, profit.

 

I have a Roth IRA. I want to do more than just that.

 

You can’t really. Options are extremely limited if your employer doesn’t sponsor one and you aren’t self employed.

 

What if I have a job at an employer that doesn't offer it but I also have two part-time side jobs that I do sparingly, one as a freelancer and one running a graphic design "business."

 

PM

 

Yes.

You may be able to set up an account that allows you to defer more than what you put into your Roth. I’d go to one of the Schwab branches and talk through where you’re at and what you want to do.

 

http://nymag.com/intelligencer/2019...cott-galloway-on-wework-and-adam-neumann.html

It really makes you rethink that picture of Neumann walking around barefoot in the middle of the tempest.

Why wouldn’t you be happy? You haven’t even begun to see the anger that will be unleashed on Adam Neumann. He has 15,000 people right now who are stuck cleaning up. They feel like circus clowns shoveling the shit behind the elephant of Adam Neumann. He has taken $750 million and left a toxic-waste cleanup

 

WeWork is completing two new office floors at 550 Kearny in December. I’ll update if the project gets stopped.

 

I have a smaller stocks-only portfolio that I've been looking to exit. Is now a good time to do that, before Q4 financials season and our potential political turmoil? Or is everyone holding to see if some tariff relief news breaks and creates a spike?

 

lol using the defense of "i've done this a million times before" is a bold strategy

 

Im getting ready to do a backdoor roth and am potentially going to add some type of Vanguard REITs. Any thoughts on this? i dont have any REITs in my portfolio to date

 

The backdoor is always easier after you get into her panties, so go with Fisher.

 

I think REITs are good as part of a well balanced plan, maybe 10-15%. Only do them in tax advantaged space because they aren't tax efficient at all.

 

I found this to be pretty interesting. This is the number of years you need to work based on your savings rate. It assumes 5% returns and a 4% withdrawal rate and you start with 0 dollars in retirement accounts.

Savings rate = (Amount put into retirement accounts for the year, including match) / (gross income - taxes + any 401k and savings deductions, including match)

 

Here's a good one too that is more contextual around your own personal savings

https://networthify.com/calculator/earlyretirement?

 

turbo tax offers some advice https://turbotax.intuit.com/tax-tip...w-to-determine-what-to-pay-and-when/L3OPIbJNw

 

This file is pretty good for it.

 

Apple is up 89% since I invested 3 years ago.

 

Cherries are gonna be huge.

 

Article said not to invest in the market. That seems at odds with adding to your 401k contribution.

 

Lotta propaganda in that article.

 

Yeah. If someone can save 30-40% per year for retirement, late 50’s is retirement age.

 

well if you save 50% of your earnings, even their predicted negative percent growth will let you retire

what a ridiculous article.

 

I definitely think it’s alarmist click bait headlining but I also think that the point that you can’t assume 8% index fund returns in perpetuity is a reasonable one to make.

Overall garbage article though.

 

Reading all kinds of bad shit about Robinhood so I want to move my "play money" to another brokerage. Any suggestions? I'm talking a few thousand in stocks here and there, I have Vanguard funds for real savings/retirement, etc.

 

Care to share the bad shit about Robinhood?

 

Cliffs:

• WallStreetBets subreddit finds loophole in Robinhood compliance controls that allows a trader to leverage his account an ungodly amount.
• Mods are saying this is the 4th time or so they've found some loophole that Robinhood can't control
• Obviously the loophole can lead you to personal bankruptcy, but can threaten to bankrupt Robinhood as well.
• Robinhood has shitty compliance/controls
• Now that basically everywhere else provides free trades as well, there's no reason to keep using Robinhood.

 

Schwab, TD, & Fido are all $0 commission now. Hard to go wrong.

 

Merrill Edge is also $0 trades as long as you have $20k in assets.

I’ve been happy with the platform.

 

I also use Merrill

 

Interactive brokers is good if you use margin at all

 

For next year, I can swing either maxing out my HSA or Roth IRAs for my wife and I, but probably not both. Which would you lean to focusing on? I'll get a $1700 match in the HSA so I'm doing at least that much.

 

I would go Roth since that money can be spent tax-free on anything in retirement, whereas the HSA can be spent tax-free on healthcare only and would be taxable for any other expense. Probably not a huge thing to worry about though, as either is a good choice.

 

You may want to double check how HSA withdrawals are treated in retirement....

 

They’re treated like 401k withdrawals. Unless healthcare. Where did I mess up?