Personal Investments • Re: Am i ready to call it quits?
OP - for the rental property valued at $769k, what is the net income generated assuming the mortgage is paid in full? This is to include all operating expenses as well as repairs/maintenance/upkeep...
View ArticlePersonal Investments • Re: Those complimentary dinners for retirees by...
For those of you who are “plate lickers” and attend the free dinners just for the food, be aware that some of your fellow “diners” might not be disinterested parties. See the example below. I recently...
View ArticlePersonal Investments • Re: Fee only investment advisor recommending...
I know the general consensus is that Variable Annuities are bad, but given the lower cost of this one I wanted to seek feedback. Poster “CletusCaddy” makes a good case for low cost variable annuities...
View ArticlePersonal Investments • Re: Why do people buy annuities?
This doesn't pass the common sense test to me on so many levels. If annuities are such a great deal and insurance companies can do it better than we can, why isn't everyone buying an annuity? Why...
View ArticlePersonal Investments • Re: Portfolio review request and Are we there yet?
Your real estate investments are 60% of a 8 figure portfolio, or $6 million, generating $100k per year. That is 1.6% return on your investment. You can do so much better by just being in money market...
View ArticlePersonal Investments • Re: First Portfolio Review
Thanks for all of the feedback, you have definitely given me a few things to consider, I knew I was likely missing something.Watch out for wash sales with S&P500 if you ever want to tax loss...
View ArticlePersonal Investments • Reverse Rollover
Hello, I am new to this forum so here is my backstory first. I recently transferred my traditional Ira and Roth IRA from northwestern mutual to fidelity to escape fees. I made that mistake 10 years...
View ArticlePersonal Investments • Re: Withdrawing from what account in a recession.
Short answer yes people do this. If you look you will find threads on the bucket strategy, bond tents, and rising equity glide path, and prime harvesting. These are all withdrawal strategies that...
View ArticlePersonal Investments • Re: Retirement portfolio suggestion needed [India...
The limit is $7,000 for Roth IRA for 2024, not $6,500.Statistics: Posted by lakpr — Wed Apr 03, 2024 3:38 am
View ArticlePersonal Investments • Re: Cash out life insurance then Mega Backdoor IRA
So after a lot of thought I decided to cut my losses and cancel a whole life policy I bought 10.5 years ago. I know I am cancelling it at a loss but feel the benefit of cutting the premiums and the...
View ArticlePersonal Investments • Re: Any reason not to stuff it all into VTSAX?
Makes perfect sense to me. I've been all in VTSAX/VTI for the better part of 16 years, and am now 4-5 years from retirement. At retirement i'll add in 10% cash equivalents/ short term bonds. My only...
View ArticlePersonal Investments • Re: Best way to handle Vanguard transition to...
Another data point... I finally converted my mutual fund account to an existing brokerage account. Even after all these years, they still haven't figured out how to get it right. One mutual fund that...
View ArticlePersonal Investments • Re: managed futures to improve withdrawal rate
I wasnt suggesting it as a good standalone asset to hold 100% of the portfolio. I am suggesting it is a better diversifier than treasury bonds for a 60/40 portfolio. It has negative correlation with...
View ArticlePersonal Investments • Re: Teenager looking to build short term portfolio
WelcomeNot sure why you have cash in a Roth IRA. Our kids hold 100% VTSAX.Agree with the others that stocks and bonds are a long term investment. You would be better off buying US Treasuries fir your...
View ArticlePersonal Investments • Temporary investment in Treasury Bills ($200,000)
I've just inherited $200,000.I don't need that money for living, it will be invested, but at the moment I don't know exactly where: real estate, bonds, stocks, etc.I would like to buy some time for...
View ArticlePersonal Investments • overfunding retirement accounts
I need some advice.51 M. married. two incomes. plan to work til 70. tax bracket: 37%assets (both my wife's and mine): Tax-deferred: 403B/457B: $4.5 millioncash balance plan: $1 millionSEP account:...
View ArticlePersonal Investments • Re: Schwab - Reinvested Dividends Shown as Liquid
My wife has a small tIRA at Schwab and we have seen this sort of behavior there as well.Statistics: Posted by hammockhiker — Thu Apr 04, 2024 5:11 am
View ArticlePersonal Investments • Re: Temporary investment in Treasury Bills ($200,000)
I've just inherited $200,000.I don't need that money for living, it will be invested, but at the moment I don't know exactly where: real estate, bonds, stocks, etc.I would like to buy some time for...
View ArticlePersonal Investments • Re: Roth/Traditional 401k split
Also keep in mind state income taxes if you live in a state that has them. Deferred gives you the potential to skip the state income taxes entirely if you later relocate.Statistics: Posted by...
View ArticlePersonal Investments • Re: Real estate investment question
Sorry for a super late reply. I am stuck in this confusion mainly because of `personal residence exemption`. I have about a little over year and I want to make that decision because my tenants lease...
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