Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. NothingIsOT

    NothingIsOT Prom pic
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    What are you holding?
     
  2. CaneKnight

    CaneKnight FSU Private Board's Fav Poster
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    Apple (most of my money is here), LLIT, OCUP (KILLING ME) and my OTC special SMAA (ALSO currently Killing me but that's expected)
     
    #25152 CaneKnight, May 6, 2021
    Last edited: May 6, 2021
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  3. brolift

    brolift 2sweet
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    Patience. Dust is still settling from that mess.
     
  4. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Up 11% in passive index

    Up 20% in Roth I messed with some crypto

    Still prefer the former
     
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  5. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

  6. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
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    Lumber coming down!
     
  7. rcragg82

    rcragg82 Well-Known Member
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    Made a small purchase of SNOW once it hit $193 today. Almost 1/2 the price point of their all time high back in December.
     
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  8. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Every day I wake up, open my laptop and check my accounts on schwab. Every day for what feels like months, I have been disappointed.
     
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  9. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    Wait what do you own? April was an incredible month for the market(s).
     
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  10. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Probably because none of my penny/dollar betting stocks popped.

    I have four investment accounts with schwab and a checking account. I'll typically just look at the total portfolio value figure to get a feel for how my overall day went. I also move money from the Schwab checking account over to my Chase account. Also bought crypto out of my Schwab checking account. I guess what I'm saying is I have no idea how my portfolio is doing, but I see a lot of red pennies I'm betting on.
     
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  11. kinghill

    kinghill Cool American Flavour
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    :chatzy:

    401k balance just hit 6 figures for the first time. Still catching up to where I should be, but making good progress!
     
  12. kinghill

    kinghill Cool American Flavour
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    40%+ over the past 12 months sure does help

    Looks like 10% YTD
     
  13. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    Always nice to hit round milestones. Congrats.
     
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  14. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

  15. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
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    Copper? Hardly know her


    Lmbo
     
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  16. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    Thats Dr. Copper, sir.
     
  17. burnttatertot

    burnttatertot butt tuck zoomies
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    [​IMG]
     
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  18. Nashville Knight

    Nashville Knight Well-Known Member
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    I need some advice/opinions on what to do with my company 401K plan. They are switching providers (From Securian to ADP's Voya) and there are limited funds to select. I currently put 100% of my 401K into Vanguard's Target Retirement 2050 fund but Voya doesn't offer it and the Voya Target 2050 looks meh according to online google results.

    I am 34 and consider myself risk-tolerant and prefer high growth.

    Here are the funds offered by Voya = https://voyadelivers.com/adp/fund-information.php

    Here is my current portfolio
    upload_2021-5-9_16-25-34.png

    Should I go with the Voya Target 2050?

    Or Start buying Vanguard 2050 in my Roth IRA instead of VTI and then select another large-cap fund in Voya?

    Also, the new 401K allows us to split it into pre-tax and Roth 401K. Should I split it? If so, does that change my current or future fund selection methodology?
     
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  19. The Blackfish

    The Blackfish The Fish in Black
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    Yeah those aren’t great options. You can go Russell 3000, Fidelity Bond and Blackrock Ex-US to make a makeshift 3 fund portfolio and adjust the percentages to match up to your overall desired asset allocation across all your accounts.

    Roth vs Trad 401k is a very personal decision based in current tax rate vs what you think your tax rate will be when you withdraw the money. I max out my wife and my Roth IRAs and then do pretax in my 401k to give myself a mix to work with in retirement.

    Generally the only considerations when it comes to fund selection in accounts is you want to maximize growth in Roth since your gains are also tax free. General rule of thumb is to keep the most tax efficient funds in your taxable account (obviously) and your more stable funds in pre-tax i.e. keep all your bonds in your pre tax 401k.
     
    Nashville Knight likes this.
  20. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    i'd just dump all the 401k into that vanguard fund and leave everything else the same
     
  21. The Blackfish

    The Blackfish The Fish in Black
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    I wouldn’t have 40% in bonds in his 401k even for the significantly lower ER
     
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  22. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    dont mind me i didn't even look at the underlying fund

    wild high bond %
     
  23. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    what a disastrous selection of funds
     
  24. The Blackfish

    The Blackfish The Fish in Black
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    Yeah it’s bad. His company doesn’t like him.
     
  25. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    wife changed jobs in january and was able to just dump the 401k between these

    was so nice

    Screenshot 2021-05-09 5.23.21 PM.png
     
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  26. The Blackfish

    The Blackfish The Fish in Black
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    Yeah I work for megacorp and ours are all vanguard institutional shares
     
    Lyrtch likes this.
  27. kinghill

    kinghill Cool American Flavour
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    I'm in no position to give advice, good luck. Just wanted to say I like your portfolio layout and I'm stealing it.
     
  28. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    New to the thread and apologize as I’m sure it’s been discussed, but what’s everyone’s thoughts and/or recommendations on robo investors?
     
  29. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i have researched all this to an absurd degree

    what do you want to do with it is the first question? open an ira? just throw in some money for a taxable account? etc
     
    One Two likes this.
  30. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    Money for a taxable account
     
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  31. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    you bank with anyone that has one?

    banking agnostic I find wealthfront to be the best if you're set on a robo for taxable. I've had one with them for years now, opened small ones to try out betterment and a few others. just lowest fees, flexible, once you hit higher income thresholds you can access some other features you might like (always turn off risk parity imo).

    selfishly can refer you and we both get 5k managed with no fees
     
    One Two likes this.
  32. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    I was actually looking at Sofi bc of the no fee thing
     
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  33. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    had no idea they'd even dove in, had mostly heard about Schwab/Vanguard/etc starting theirs

    didn't do the math but think the 0 fees outweighs the lack of tax loss harvesting, seems like a great option based on a scroll through the nerd wallet breakdown
     
    One Two likes this.
  34. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    how the fuck does sofi make money on theirs, if I wasn't constantly planning to move my taxable to vanguard i'd contemplate moving to them
     
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  35. Ty Webb

    Ty Webb Living rent free in Jigga's head
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    Probably a loss leader for them/makes customers stickier. They'll make their money on their other services.
     
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  36. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    Yep loss leader. I’m going to take the plunge sometime this week and will keep y’all posted. Going to start very small and see how it goes
     
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  37. DollarBillHokie

    DollarBillHokie Usher is the worst
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    Payment for order flow. I’m sure they also get a cut of the fees mutual funds / etfs charge when they go in the robo accounts. Cash stored in the accounts, but not invested, likely gets invested and covers the costs of everything else.
     
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  38. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    I’d just stick with their Target date fund, it’s weighted pretty standardly.

    I’d rebalance my Roth to just VTI/VEU… VOO and the mid cap and the high yield are redundant.
     
    Nashville Knight likes this.
  39. Nashville Knight

    Nashville Knight Well-Known Member
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    Their 2050 target has a high ER and Voya 2050 Target only has $28M in assets vs $24B for Vanguard. Does the total asset size matter?

    Morningstar rates Vanguard higher

    upload_2021-5-10_12-48-47.png


    Yeah, I have those other ETF's from a few years ago when I was just starting out and didn't have a strategy. I have exclusively purchased VTI since January 2020 and going back to 2019, it was 50/50 on VTI/VYM.

    Another poster above suggested Blackrock Russell 3000 and Blackrock Ex-US for this new 401K and I like that idea. Going with a 60/40 split.
     
  40. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    My bad I didn’t see that at first blush, that is pretty small. I think that’s a good balance.
     
  41. Seavie

    Seavie Loading tweet...
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    If you had $500 you were prepared to lose, what would you invest it in?
    Open to any ideas that are available through a Schwab brokerage account.
     
  42. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
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    ETH
     
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  43. Smuggy

    Smuggy Well-Known Member
    Alabama Crimson Tide

    Nashville Knight another thing to consider with the Roth 401k vs regular 401k is how big of a saver you are. If you’re a big saver and can afford to max contribute, $19.5k/year in Roth 401k ends up being more in 30 years than $19.5k/year in regular 401k.
     
  44. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    HOMZ
     
  45. momux

    momux AFAM Scholar
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    While this is true, it's not really representative. If you assume tax rates remain the same, then the after-tax equivalent of each is the same.
     
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  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    feel like there's a lot of variable assumptions being made with this one
     
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  47. The Blackfish

    The Blackfish The Fish in Black
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    No doubt
     
  48. billdozer

    billdozer Well-Known Member
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    The other thing to consider is you can take the savings from the pre-tax 401k and put it towards a Roth IRA, Mega backdoor Roth, or other savings vehicle.
     
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  49. Nashville Knight

    Nashville Knight Well-Known Member
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    Can this be done if I already opened a Roth IRA?
     
    #25200 Nashville Knight, May 10, 2021
    Last edited: May 10, 2021