Investing, Stock Market and Retirement Planning Thread
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Investing, Stock Market and Retirement Planning Thread
NOW'S THE TIME TO BUY!!!
Investing, Stock Market and Retirement Planning Thread
crazy that this could happen to something with such a solid foundation
Investing, Stock Market and Retirement Planning Thread
also coinbase suspended trading, that's comforting if you own bitcoin
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Investing, Stock Market and Retirement Planning Thread
Bitcoin? More like shitcoin. Amirite?
Investing, Stock Market and Retirement Planning Thread
Tax gurus:
Possible plan for 2018 is withdraw $40,000 from Roth for House payment. Is my understanding correct:
1. No penalty on first $10,000
2. 10% penalty on remainder
Possible plan for 2018 is withdraw $40,000 from Roth for House payment. Is my understanding correct:
1. No penalty on first $10,000
2. 10% penalty on remainder
Investing, Stock Market and Retirement Planning Thread
Tax gurus:
Possible plan for 2018 is withdraw $40,000 from Roth for House payment. Is my understanding correct:
1. No penalty on first $10,000
2. 10% penalty on remainder
I think if both you and your wife have an Roth IRA then you can withdraw 20k without penalty.
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Investing, Stock Market and Retirement Planning Thread
Bitcoin has rebounded back up to around $15k. I saw one analysis that it could go as high as $60k before the crash.
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Investing, Stock Market and Retirement Planning Thread
Or it could just crash tomorrow.Bitcoin has rebounded back up to around $15k. I saw one analysis that it could go as high as $60k before the crash.
Investing, Stock Market and Retirement Planning Thread
I cashed in a lot of gains for the year and rebalanced in my TIAA account.
Feels good
Feels good
Investing, Stock Market and Retirement Planning Thread
tell me you didn't give yourself capital gains on 12/28I cashed in a lot of gains for the year and rebalanced in my TIAA account.
Feels good
Investing, Stock Market and Retirement Planning Thread
Nah....403b account.tell me you didn't give yourself capital gains on 12/28I cashed in a lot of gains for the year and rebalanced in my TIAA account.
Feels good
Investing, Stock Market and Retirement Planning Thread
In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc
http://fortune.com/2017/12/30/warren-bu ... ollar-bet/
Investing, Stock Market and Retirement Planning Thread
loooooooooooooooooooooooooool BTC chart
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Investing, Stock Market and Retirement Planning Thread
So is it stupid that I sweep $500 a month into a savings account, instead of doing something more aggressive with it? I'm already doing 7% matching contributions to a 403B and $200 towards a Roth IRA. The savings account is for easy access to cash for things like emergency repairs (HVAC, roof, new refrigerator etc.) and substantial downpayment on a car etc. Is there something with a higher yield but minimal penalties for withdrawal?
Investing, Stock Market and Retirement Planning Thread
Rational take on emergency funds:So is it stupid that I sweep $500 a month into a savings account, instead of doing something more aggressive with it? I'm already doing 7% matching contributions to a 403B and $200 towards a Roth IRA. The savings account is for easy access to cash for things like emergency repairs (HVAC, roof, new refrigerator etc.) and substantial downpayment on a car etc. Is there something with a higher yield but minimal penalties for withdrawal?
https://www.bogleheads.org/wiki/Emergency_fund
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Investing, Stock Market and Retirement Planning Thread
a. The general rule is that you should have 6 to 12 months (depending on who you ask) of expenses saved in an emergency fund. Since I am a lazy bum and don't budget expenses, I just tell myself that no matter what, I should have at least 6 months of net paychecks in a savings account and the rest is fair game for whatever.So is it stupid that I sweep $500 a month into a savings account, instead of doing something more aggressive with it? I'm already doing 7% matching contributions to a 403B and $200 towards a Roth IRA. The savings account is for easy access to cash for things like emergency repairs (HVAC, roof, new refrigerator etc.) and substantial downpayment on a car etc. Is there something with a higher yield but minimal penalties for withdrawal?
b. it never hurts to save more into retirement.
c. What rate are you getting on the $500/mo savings account
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Investing, Stock Market and Retirement Planning Thread
Was going to post the same link. What's the interest rate on your savings account? I use Marcus as my main savings account, which has raised its rates three times in the last four months, currently sitting at 1.5%.Rational take on emergency funds:So is it stupid that I sweep $500 a month into a savings account, instead of doing something more aggressive with it? I'm already doing 7% matching contributions to a 403B and $200 towards a Roth IRA. The savings account is for easy access to cash for things like emergency repairs (HVAC, roof, new refrigerator etc.) and substantial downpayment on a car etc. Is there something with a higher yield but minimal penalties for withdrawal?
https://www.bogleheads.org/wiki/Emergency_fund
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