Apple (most of my money is here), LLIT, OCUP (KILLING ME) and my OTC special SMAA (ALSO currently Killing me but that's expected)
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.
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.
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.
401k balance just hit 6 figures for the first time. Still catching up to where I should be, but making good progress!
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 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?
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.
I'm in no position to give advice, good luck. Just wanted to say I like your portfolio layout and I'm stealing it.
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?
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
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
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
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
Probably a loss leader for them/makes customers stickier. They'll make their money on their other services.
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
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.
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.
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 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.
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.
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.
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.
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.