Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5@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.
Investing, Stock Market and Retirement Planning Thread
Investing, Stock Market and Retirement Planning Thread
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You even used a screenshot from UESP, lol (that's who my daughter's 529 is with). Thanks!Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5@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.
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Funny, I also see you mention using your Roth for riskier investments. That's the route I'd go for investing in ETFs, etc.
Investing, Stock Market and Retirement Planning Thread
Well, guess where I got that picture?? (I just re-used it this past Saturday in my Executive MBA lecture.)You even used a screenshot from UESP, lol (that's who my daughter's 529 is with). Thanks!Definitely 529. For this reason: https://www.linkedin.com/posts/tomas-ja ... 53601-hIz5@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.
That and the fact that I could create my own custom glide path. I can change it later on if need be.Did the low (no?) fee draw you to Utah?As a PA resident and holder of the Utah plan for the past six years, I can confirm that it’s correct.
I went off performance rating, and I also liked that Ohio used Vanguard to manage.
Investing, Stock Market and Retirement Planning Thread
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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YOU DIDN'T GIVE ME CREDIT?!
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Investing, Stock Market and Retirement Planning Thread
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.
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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.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.
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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.
Investing, Stock Market and Retirement Planning Thread
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.
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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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 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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I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.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 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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It this it? https://www.morningstar.com/funds/xnas/pdjex/quote If so, holy hell that expense ratio.I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.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 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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Haha no.It this it? https://www.morningstar.com/funds/xnas/pdjex/quote If so, holy hell that expense ratio.I think it's just what was suggested to me when my company moved from Vanguard to Prudential and I never touched it.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 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.
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.
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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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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.
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.
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Investing, Stock Market and Retirement Planning Thread
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.
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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I was doubling down in my brokerage account last April, haha.
Investing, Stock Market and Retirement Planning Thread
Anyone ( @mikey? ) on r/wsb?
They're pumping gamestop hard. I bought 10 shares at the opening dip. Up 5% currently.
They're pumping gamestop hard. I bought 10 shares at the opening dip. Up 5% currently.
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I read that sub for the entertainment value. They have been pumping gamestop since late last week or early last week. I don't understand all of it really, but it's fun to follow.Anyone ( @mikey? ) on r/wsb?
They're pumping gamestop hard. I bought 10 shares at the opening dip. Up 5% currently.
Investing, Stock Market and Retirement Planning Thread
It's a short squeeze. I spent way too much time reading about it last night. It's my stimulus $ I'm blowing, so if it goes down it was house money anyway.
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Hello fellow GME astronaut. I've been reading up on them for a while now, and after Ryan Cohen came on board (think Chewy), I went all in with my play money. It's a long game, even though I know a lot are looking for a short squeeze. If Cohen and his guys do what they think they can, this could be a very good investment. If I lose it all, don't care. I invested what I don't mind losing.It's a short squeeze. I spent way too much time reading about it last night. It's my stimulus $ I'm blowing, so if it goes down it was house money anyway.
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I wish I had the brass balls some on that sub do. Some people on there are crazy but make big money.
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It has been pumped for months now, but the short squeeze is why the threads are reaching r/all right now. Anyone and everyone is trying to get in on it.I read that sub for the entertainment value. They have been pumping gamestop since late last week or early last week. I don't understand all of it really, but it's fun to follow.Anyone ( @mikey? ) on r/wsb?
They're pumping gamestop hard. I bought 10 shares at the opening dip. Up 5% currently.
Investing, Stock Market and Retirement Planning Thread
Ditto.
I'm not a gamer though, and my gamer buddies said I'm crazy for thinking that physical games will still ship. They all download their games.
I'm not a gamer though, and my gamer buddies said I'm crazy for thinking that physical games will still ship. They all download their games.
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