about 1 month later after giving Trump the boot, TWTR just busted through it's 52 week high. reloaded around that time and already up 20%ish ...
I was a little worried a few weeks ago when all the retail investor turbulence occurred. I have a bunch of my savings in VTSAX. It went down for sure. But it has already rebounded and is better than ever. I bought into it in late November and it's already up 7%. Easy money. Seems like hitting a 15% increase over a 12 month span or better is definitely doable.
One simple tip is enable dividend reinvestments on mutual funds (and ETFs and stocks). Mutual funds like VTSAX will kick out a mixture of capital gains and dividends on a regular basis. Having these automatically reinvested is another form of dollar cost averaging and you will benefit over time. When the market dips, you're simply buying more of your long-term investment at a discount.
whats this make day trading dead by autoerotic asphyxiation in the closet of a Grand Hyatt in Thailand at 45
Meh. I went with the equivalent mutual fund options so it would allow me to setup automatic investments. Is there a workaround to allow automatic investments with the ETFs? Also that tweet doesn't even consider the various options at Fidelity, Schwab which one could argue have better options. Or does "bogglehead" mean Vanguard only.
Bogleheads just started by following Bogle. The gist of it is regular saving, broad diversification, and sticking with your plan an not market timing. Doesn't have to be Vanguard but many went that way because they were the original index funds, low cost, and Bogle
Bogleheads has local chapters and I’ve always wondered what they discuss. “what are you guys doing with your investments?” “Stay the course!” “excellent see you next month”
totally random but my grandmother bought 50 shares of TWTR for me and a couple of my cousins since we spend so much time on it as a half-joke back at it's IPO. I always just held onto it (even though I hate the company) thinking it would be purchased sooner or later. I think I'm the only cousin who held it.
Maybe there's a hierarchy based on shareclass? The Admirals look down upon the Investors. Also, surprised to learn that Vanguard has a dog shit, high expense ratio long-short fund. VMNFX
mostly finished doing taxes, just waiting on two brokerage statements every time i go through the backdoor roth hurdles on turbotax i feel like i'm breaking the law, its annoyingly convoluted and also gives you a scare with a huge tax bill that evaporates once you finish
CPA's finished with my return already. Getting just shy of $3000 back. W-2 already at 15 and 12 allowances, guess I've got to go higher.
I got around $1800 back after a mortgage refi and normally I'd say well I should just throw that amount towards the mortgage principal on the new loan, but, I don't wanna. Mortgage interest rate is 2.75%. Instead I'm going to take the $800 for spending/home upgrades or something, and invest the $1000. From what I see, buying a stock or ETF through Vanguard online is $0 fee?
I don’t use Vanguard but I’m sure it has free trades on most. Just check before you invest. For long term id just throw it in VTI and forget about it.
Hmmm yeah I might go the VTI/VTSAX route, but ...what are the two best weed stocks for a long-term hold?
I'm in SSPK since 19.50. SPAC for WeedMaps. GRWG went through the roof, and just pulled back sharply. Watching that one for an entry point now.
Since this seems to be kind of the general purpose investing and personal finance thread, I have a question for the smart people in here. Fiancé and I are getting married this October. I'm 30, she is 27. She is a teacher w/ roughly 38k in student loans, and I have about 15k left in student loans. Both are federal and are in deferment at 0% right now, so we aren't making any payments, obviously. Interest rate for both is roughly 6%. We have no other debt other than student loans and our mortgage. Realistically, what are the odds and timetable for student loan forgiveness? Biden has talked about 10k, but the progressive wing has talked 50k. Do you guys think we are looking at some movement on this issue before the 0% grace period ends in September? I'm wondering if I should just park the money that would have gone toward student loan in my money market account for the time being, or throw it into my brokerage to try to earn more than the .5% I'm getting currently.
The time horizon between now and September is not long enough to gain the benefits of putting it in a brokerage, in my opinion. I'd act like the payments were still there but put it in a money market or HYSA until we get closer to September and you have a better idea of what the loan forgiveness is going to look like. My
Yeah, that's what I'm leaning toward. I just hate parking a ton of money in something making me nothing, but you're right. 6 or 7 months likely isn't enough to matter all that much.
Mine is $250 at a little over 6%, hers is $175 at about 5% (Is currently income based, so this will probably go up once we get married)
Well I mean, 0.5% isn't nothing. You didn't state how much you have saved to go towards student loans so I'll assume 10k for fun and then you'd be earning about $355 over the next 7 months, which is about 0.7% of your total combined student loan balance. Is your plan to just pay off $43k of the $53k student loan balance as quick as possible, with the hope that the 10k loan forgiveness plan is passed? I think that would be my plan. https://www.cnn.com/2021/02/16/politics/student-loan-forgiveness-biden/index.html
Anyone heavily invested in ARKK? Considering throwing a majority of my stuff in there and see what happens. Or is that a bad idea?
Just know what you are buying, ARKK is an etf of some of the most overvalued companies so if markets get turbulent I'd expect it to sell off sharply. I wouldn't put a "majority of my stuff" in one single etf but thats just my personal opinion and risk tolerance.