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12-22-2018, 07:12 PM | #2536 |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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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. |
Posts: 12,670
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12-22-2018, 07:16 PM | #2537 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,657
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12-22-2018, 07:41 PM | #2538 |
Fish are scared of me
Join Date: Nov 2001
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We're ALL idiots right now.
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Posts: 40,775
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12-22-2018, 08:04 PM | #2539 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
However, my work 401k didn’t get any index funds until 2 years ago. His bigger decision will be how much he can/should put in a year if he’s really got no other investments and is mid to late 30’s. He’s gonna have to makeup some ground there and should think about maxing if able but that student loan debt is basically a second mortgage payment. |
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12-22-2018, 08:12 PM | #2540 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
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Posts: 35,703
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12-22-2018, 08:49 PM | #2541 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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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.
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Posts: 52,332
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12-22-2018, 09:01 PM | #2542 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
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Posts: 35,703
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12-22-2018, 09:33 PM | #2543 | |
Now you've pissed me off!
Join Date: Jan 2006
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Posts: 74,934
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12-22-2018, 10:00 PM | #2544 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,066
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12-22-2018, 10:13 PM | #2545 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
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. |
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Posts: 142,657
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12-22-2018, 10:45 PM | #2546 |
MVP
Join Date: Dec 2008
Location: Joplin, MO
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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.
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Posts: 7,265
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12-22-2018, 10:52 PM | #2547 |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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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.) |
Posts: 12,670
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12-22-2018, 10:53 PM | #2548 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
"OMG, THE STOCK MARKET IS CRASHING!!!" "Oh. Well, I guess I'll just...keep doing what I've been doing for years I suppose." |
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Posts: 52,332
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12-22-2018, 10:54 PM | #2549 | |
Spooky Action
Join Date: Dec 2003
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Quote:
https://smile.amazon.com/Bogleheads-...e+to+investing This BB is also great support for personal investing that centers around index investing: [https://www.bogleheads.org/forum/viewforum.php?f=1] |
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12-22-2018, 11:01 PM | #2550 | |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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Quote:
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. |
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