Investing, Stock Market and Retirement Planning Thread

Tomas
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Investing, Stock Market and Retirement Planning Thread

Postby Tomas » Tue Jan 12, 2021 1:39 pm

@Tomas: I’ve got a few CDs maturing in the next few months. Let’s say I want to take $15-20k of it and move it from something liquid to either my brokerage account or my daughter’s 529. Both are 100% TSM. Where would you throw your cash? My goal has always been to fund one year of college, but I’m worried that school will be so expensive that I should plan for at least 2 years now.
Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5

NTP66
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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 1:41 pm

@Tomas: I’ve got a few CDs maturing in the next few months. Let’s say I want to take $15-20k of it and move it from something liquid to either my brokerage account or my daughter’s 529. Both are 100% TSM. Where would you throw your cash? My goal has always been to fund one year of college, but I’m worried that school will be so expensive that I should plan for at least 2 years now.
Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5
You even used a screenshot from UESP, lol (that's who my daughter's 529 is with). Thanks!

NTP66
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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 1:43 pm

Funny, I also see you mention using your Roth for riskier investments. That's the route I'd go for investing in ETFs, etc.

Tomas
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Investing, Stock Market and Retirement Planning Thread

Postby Tomas » Tue Jan 12, 2021 1:52 pm

@Tomas: I’ve got a few CDs maturing in the next few months. Let’s say I want to take $15-20k of it and move it from something liquid to either my brokerage account or my daughter’s 529. Both are 100% TSM. Where would you throw your cash? My goal has always been to fund one year of college, but I’m worried that school will be so expensive that I should plan for at least 2 years now.
Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5
You even used a screenshot from UESP, lol (that's who my daughter's 529 is with). Thanks!
Well, guess where I got that picture?? :lol: (I just re-used it this past Saturday in my Executive MBA lecture.)
As a PA resident and holder of the Utah plan for the past six years, I can confirm that it’s correct.
Did the low (no?) fee draw you to Utah?

I went off performance rating, and I also liked that Ohio used Vanguard to manage.
That and the fact that I could create my own custom glide path. I can change it later on if need be.

Image

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Investing, Stock Market and Retirement Planning Thread

Postby dodint » Tue Jan 12, 2021 1:56 pm

Read the last page of this thread and it inspired me to open my TSP (401k) and go from 100% L2050 to allocating to some more inspiring funds.

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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 1:56 pm

:lol: :fist:

YOU DIDN'T GIVE ME CREDIT?!

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Tue Jan 12, 2021 1:58 pm

I have everything in a 2050 fund in my 401k as well with Prudential. Are you guys telling me I should do something different? Explain it to me like I'm 5.

NTP66
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Postby NTP66 » Tue Jan 12, 2021 2:00 pm

I have everything in a 2050 fund in my 401k as well with Prudential. Are you guys telling me I should do something different? Explain it to me like I'm 5.
If you don't want to worry about anything, and you're comfortable with the asset allocation in the 2050 fund, you don't need to do anything. Personally, I'm just looking for some riskier investments since savings and CD rates are total **** and no longer worth the time. It's money that I would be okay with losing if it happened.

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Postby skullman80 » Tue Jan 12, 2021 2:01 pm

I don't know much about it.. I know it's on the riskier side per the cheat sheet prudential gives me, but I figure I have almost 30 years till I retire that right now I just let it ride and worry about being "safe" later on in my life.

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Postby dodint » Tue Jan 12, 2021 2:01 pm

I'm going to stop contributing to this 401k in the next three years so I'm trying to squeeze out the best of it in that time.

Though, I guess I can still manage it after I leave I just can't contribute to it. I won't be drawing from it for about 25 years.

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Postby NTP66 » Tue Jan 12, 2021 2:02 pm

I don't know much about it.. I know it's on the riskier side per the cheat sheet prudential gives me, but I figure I have almost 30 years till I retire that right now I just let it ride and worry about being "safe" later on in my life.
How did you pick the 2050 fund - just from the date, or the asset allocation (percentage of stocks, bonds, etc.)? If the former, you'll want to do a little research and make sure that's what you want. The higher the target date, the more its weighted towards stocks.

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Tue Jan 12, 2021 2:03 pm

I don't know much about it.. I know it's on the riskier side per the cheat sheet prudential gives me, but I figure I have almost 30 years till I retire that right now I just let it ride and worry about being "safe" later on in my life.
How did you pick the 2050 fund - just from the date, or the asset allocation (percentage of stocks, bonds, etc.)? If the former, you'll want to do a little research and make sure that's what you want. The higher the target date, the more its weighted towards stocks.
I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.

NTP66
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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 2:07 pm

I don't know much about it.. I know it's on the riskier side per the cheat sheet prudential gives me, but I figure I have almost 30 years till I retire that right now I just let it ride and worry about being "safe" later on in my life.
How did you pick the 2050 fund - just from the date, or the asset allocation (percentage of stocks, bonds, etc.)? If the former, you'll want to do a little research and make sure that's what you want. The higher the target date, the more its weighted towards stocks.
I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.
It this it? https://www.morningstar.com/funds/xnas/pdjex/quote If so, holy hell that expense ratio.

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Tue Jan 12, 2021 2:16 pm

I don't know much about it.. I know it's on the riskier side per the cheat sheet prudential gives me, but I figure I have almost 30 years till I retire that right now I just let it ride and worry about being "safe" later on in my life.
How did you pick the 2050 fund - just from the date, or the asset allocation (percentage of stocks, bonds, etc.)? If the former, you'll want to do a little research and make sure that's what you want. The higher the target date, the more its weighted towards stocks.
I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.
It this it? https://www.morningstar.com/funds/xnas/pdjex/quote If so, holy hell that expense ratio.
Haha no.

It's still a vanguard plan even though it got moved to prudential.

When I log into my 401k it's called Vanguard Target Retire 2050 Trust Select. Looking at my 401k details, it shows my expense ratio is 0.05%.

There are these 3 sets of letters next to the name... 0273, 02Q6, 02VI. I'm pretty clueless on this stuff. haha

This is the breakdown on the cheat sheet I have in how it's invested.

Image

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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 2:20 pm

That's a new one for me. I have no idea if it follows the normal VG 2050 target fund, so I can't comment there. It's definitely aggressive.

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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 2:22 pm

Found what I was looking for: https://institutional.vanguard.com/web/ ... /fund/1682

Check out the glide path. That's what I was mentioning earlier. You figure out how aggressive you want to be and pick your target fund based on that, not just the date.

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Tue Jan 12, 2021 2:31 pm

Found what I was looking for: https://institutional.vanguard.com/web/ ... /fund/1682

Check out the glide path. That's what I was mentioning earlier. You figure out how aggressive you want to be and pick your target fund based on that, not just the date.
:thumb:

I'll probably just leave it like it is. I missed out on some returns last year cause I changed to a more safe plan since we were buying a house and I wasn't sure if I may have had to take a bit of cash out (I didn't thankfully). I kicked myself cause I forgot to change it back till later in the year, but live and learn. I will just let it ride for now.

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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Tue Jan 12, 2021 2:33 pm

I was doubling down in my brokerage account last April, haha.

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