Was about to go toss $10k at my student loans until I saw they're at a fixed 3.3% interest rate and Bo Pelinis pointed out SWVXX is at 4.27%. Now I'll probably hold the cash in my checking account for another month or so being indecisive
the christian bale character from the Big Short he's a huge moron but the finance bro sect worships him. obviously.
Traeger on a nice little run. +27% overall. Fair warning, grill industry still sucks, so I expect more dips, but I'm all-in on this thing doubling/tripling over time or more
When does someone signal to Powell he’s being way too dovish and the markets are turning positive on his words
I’m sure I could look this up, but anytime I look at historic rates I wonder about this. When rates were 15-20% back in the early 80s was that mostly related to inflation? Couldn’t imagine having a mortgage loan in double digits lol
if we get a soft landing missing the run up that already happened will vastly outstrip a few months of high interest rate cash accounts trust the process of the bogle
I had cash that I would normally have in savings in a money market account at 4% otherwise been maxing everything for over a year. Why not both dot gif
If you get the soft landing, sure. Jury is still out on that portion. Investing is so variable from case to case. For most just buying in on dips is just dandy, others can be more selective. Currently I find the risk reward not great for a purely long only portfolio.
It could be. He just runs the risk of a down turn and not having the money he expects to want to use.
If he wants shorter term access to it then it might not be the best decision to possibly lose a decent % in a possible market downturn
Pretty happy to miss most of the downmove last year, but this rally certainly making me sweat a bit. Still inclined to think BMR but we’ll see
I suppose I treat my brokerage account more like a checking account than most. I keep $3k-$5k in checking then put the rest in market/sector index etfs.
I'd be curious to hear what everyone's strategy is with that. I keep ~3-4k in my checking at all times. I have an account for my mortgage that I keep around 10k at all times. Then I have a savings account where I keep ~100k that I use for big purchases/emergency fund. Everything else goes into my investment accounts.
Checking 5-6k, savings account at roughly 10-15k for emergencies, and then rest goes into brokerage account for a house.
i keep 3 months of expenses in high rate checking. let this grow a tic at end of year to do backdoor roth. max 401k. the excess is invested in brokerage that i never take money out of i'm a little low of my goal in checking for various reasons at the moment and I hate it
I get anxiety anytime my savings dips. I just paid that huge tax bill a couple weeks ago and I told my wife she's not allowed to spend any money for a month.
A few thousand in checking, ~$20k in Ally for normal funds, $40k in Ibonds/Ally for emergency fund. But we're a single income family of 5, so I prefer having the cushion. If we were dinks or both working it'd be less. Max 401k, HSA, 2 Roth IRAs, some in MBDR, some in taxable, 3 529s.
~$4k in checking. Max HSA. Max Roth IRA. Pension. Remaining goes into brokerage/etfs to use for traveling or save for house (lol San Diego).
Wife is looking at a pretty solid raise at work soon. If so I'd prob max a 403b that she has access to and otherwise be pretty much out of tax advantaged options. Trying to keep that AGI down as much as possible.
1k in checking, 6 months expenses in a HYSA, Max tax-advantage retirement accounts, anything left over after normal monthly spending goes into a brokerage. If I had interest in rental property, or savings for some other long term goal ( >5 years out) I'd probably dial back a bit on retirement and put more into a brokerage for liquidity purposes. Currently saving for a large-ish home renovation in the next few years in the same HYSA I have my E- fund in. We're dinks in very stable careers so 6 months savings is probably overkill, but it feels good knowing those funds are there if we need them.
~$10K in checking, ~$10K in money market. Every other penny is invested somewhere along the lines (401k, Roth IRA, then brokerage).
Same with layoffs, often an outrageous waste of real shareholder value but a flex by C Suite execs (who take full responsibility!) that they’ll make the “hard decisions”.
Keep as little as humanly possible in checking (usually around $2k or less) and now that the emergency fund is pretty full the rest is going into brokerage. Don’t count retirement accounts or HSA since I never really see that money.
$15k in checking $100k in savings Everything else goes towards retirement accounts (401k, roth, cash balance, taxable), 529 for three kids, HSA I probably keep way too much cash between checking/savings but it makes me feel better about the liquidity if needed.
We're pretty risky with only about 2 months of expenses in cash/checking/savings. Two teenage daughters. Also have about half of monthly expenses coming in as passive income each month. I like to be in the market as much as possible.
damn i thought i was pretty well off financially but some (majority) of you make me feel really poor. hoping most of you are well past 30
Averaged ~$7000/month over the last 4 years not including any savings, family of 5. But that number includes basement remodeling and buying a tractor. Budget is ~$5400/month, and there's usually $500/month or so non budgeted items.
always wondered these amounts, that’s fucking absurd, $180k a year goddamn the stress would consume me. Single, mid 30’s, $3300/month. Rent is more than half that amount. People with $100k+ in savings at least have that’s in a money market or high yield please.