Originally Posted by DaFace:
This is just all false (at least in the case of mine). I'm in SWYMX (target 2050), and it's an 0.08% expense ratio and is currently at 90% stocks.
That's how it should be, but not how the target funds in my company's 401k offering are structured. [Reply]
Originally Posted by TwistedChief:
Keep it simple: invest in low cost index funds. Something like 80pct equities/20pct bonds. Slowly decay that ratio such that in 25yrs you're 50/50 and then look to be 20/80 at retirement.
Don't spend time reading this megathread looking for great alpha investing opportunities.
I'm not trying to turn into a day trader at all. [Reply]
Originally Posted by DaKCMan AP:
Target funds typically charge higher fees/expense ratio and are more conservative than necessary. A 2055 or 2060 target fund likely still has near 30% bonds and fixed income which is too high.
Originally Posted by DaFace:
This is just all false (at least in the case of mine). I'm in SWYMX (target 2050), and it's an 0.08% expense ratio and is currently at 90% stocks.
My experience is more like DaFace as well. Vanguard Target Date Fund of 2050 is 90/10 and expense ratio of .15%. This is offered through my company as a choice and my wife's when she was working. Vanguards track higher percentages of equities across the timeline in target date funds, which IMO is good. [Reply]
Originally Posted by Hog's Gone Fishin:
Do you have any targets for reinvestment other than General Mills. Apple is being recommended by Motley to buy now as it's down 30% in this correction.
I've got a little Apple, and it's still up from when I bought it (maybe three or four years ago). I've always been a bit skeptical that they can maintain their golden aura.
I've been increasing positions in little drips as the market falls. My latest is PEB, which has a bunch of independent hotels. It pays a nice dividend and I'm not sure how things like tariffs would really hurt it. [Reply]
Put $18,500 in every year with an equitable split between large cap/medium cap/small cap. In 8 years move into mostly the large/med cap. Taper off reguarly from there. [Reply]
Originally Posted by 'Hamas' Jenkins:
I'm not trying to turn into a day trader at all.
Yes, this is it. Don't focus on all of this nonsense. I've worked in this world for 16yrs and there's no one you should give a dime to thinking they have the ability to do better than average. A lot of mediocrity will try to convince you otherwise and a lot of FOMO will try to do the same.
It's good you're thinking about this when the market is struggling and not when everyone is patting themselves on the back during a bull market for their brilliant ability to trade stocks. (People will hate me for saying this but it's the reality.) [Reply]
Originally Posted by TwistedChief:
Yes, this is it. Don't focus on all of this nonsense. I've worked in this world for 16yrs and there's no one you should give a dime to thinking they have the ability to do better than average. A lot of mediocrity will try to convince you otherwise and a lot of FOMO will try to do the same.
It's good you're thinking about this when the market is struggling and not when everyone is patting themselves on the back during a bull market for their brilliant ability to trade stocks. (People will hate me for saying this but it's the reality.)
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.
"OMG, THE STOCK MARKET IS CRASHING!!!" "Oh. Well, I guess I'll just...keep doing what I've been doing for years I suppose." [Reply]
I just got a job offer. Salary will start ~120 with a significant increase after about three years. Company offers an IRA that they match 50% of up to 5 percent of my salary (2.5% ). I'll have about 180k of student loan debt.
What resources do you recommend I look at, and how would you diversify?
Big proponent of indexing here. Sometimes ignoring all the noise out there and temptation to get richer faster takes discipline, a book like this one breaks down the approach and can help you stay the course.
Originally Posted by DaFace:
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.
"OMG, THE STOCK MARKET IS CRASHING!!!" "Oh. Well, I guess I'll just...keep doing what I've been doing for years I suppose."
Yeah, but man, there's a lot of mediocrity who are paid a lot of money and spend every single moment of every day trying to find opportunities in the market and cannot consistently do so. Are most prepared to invest their time and do the same? Probably not. And so, just being average is super acceptable.
I'm a portfolio manager at a hedge fund. I get it. There are 4 people in my world I know outside of myself that I would ever entrust money to, and I know thousands. [Reply]
Originally Posted by DaFace:
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.
We get to put 6,000 into IRA's at the start of the year so I guess this was timed well at least? Straining for any upside :-)
It looks like we have a really good shot to finish as the 2nd worst December in history. 1930 was down 7.x%. We're currently down 12.x% so we'd need quite a recovery in the last few days. 1931 was down 14.x% so it's actually within reach.
Pulling out a single month is a bit arbitrary but I think it's sort of amazing we're on pace to finish sandwiched between two years of the great depression. [Reply]
Hamas, I’m no expert on this by any means but I was in a similar spot with loans and such.
I would recommend paying as much as you can towards the debt repayment as you can. Don’t forget about retirement obviously, but getting out from under that will help alot [Reply]
Originally Posted by TwistedChief:
Yeah, but man, there's a lot of mediocrity who are paid a lot of money and spend every single moment of every day trying to find opportunities in the market and cannot consistently do so. Are most prepared to invest their time and do the same? Probably not. And so, just being average is super acceptable.
I'm a portfolio manager at a hedge fund. I get it. There are 4 people in my world I know outside of myself that I would ever entrust money to, and I know thousands.
Originally Posted by O.city:
Hamas, I’m no expert on this by any means but I was in a similar spot with loans and such.
I would recommend paying as much as you can towards the debt repayment as you can. Don’t forget about retirement obviously, but getting out from under that will help alot
