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Posted: 10/19/2017 6:37:24 PM EDT
[#1]
Quote HistoryQuoted:
Am I missing something? Not saying VOO isn't a good index fund, but it's over $200/share. ar-jedi |
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Posted: 10/19/2017 6:44:05 PM EDT
[#2]
Quote HistoryQuoted:
Thank you for your replies. I will be going to my bank tomorrow to see about opening a Roth IRA. I'd like to invest 5 to 10k this fall, including a certain amount of silver and gold. pick one of the big three: - Fidelity - Vanguard - T. Rowe Price all of the above have excellent internal funds, HUGE fund supermarkets of external funds, great online tools, account aggregation benefits, low costs, and are far more suited to what you are trying to do. the vast utility of Fidelity's "FullView" tool alone makes it a much better option than ANY bank. Vanguard offers some of the lowest ER index funds in the industry. T. Rowe Price has excellent internal funds and one-click access to "Instant Xray", Morningstar's powerful portfolio analysis tool. no brick and mortar bank is competitive on ANY facet compared to the above 3 account custodians. ar-jedi <-- was in same place as OP 25 years ago, now easily in sight of early retirement... |
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Posted: 10/19/2017 7:00:46 PM EDT
[#3]
Quote HistoryQuoted:
please, do not open a custodial account at a bank. pick one of the big three: - Fidelity - Vanguard - T. Rowe Price all of the above have excellent internal funds, HUGE fund supermarkets of external funds, great online tools, account aggregation benefits, low costs, and are far more suited to what you are trying to do. the vast utility of Fidelity's "FullView" tool alone makes it a much better option than ANY bank. Vanguard offers some of the lowest ER index funds in the industry. T. Rowe Price has excellent internal funds and one-click access to "Instant Xray", Morningstar's powerful portfolio analysis tool. no brick and mortar bank is competitive on ANY facet compared to the above 3 account custodians. ar-jedi <-- was in same place as OP 25 years ago, now easily in sight of early retirement... Quote HistoryQuoted:
Quoted:
Thank you for your replies. I will be going to my bank tomorrow to see about opening a Roth IRA. I'd like to invest 5 to 10k this fall, including a certain amount of silver and gold. pick one of the big three: - Fidelity - Vanguard - T. Rowe Price all of the above have excellent internal funds, HUGE fund supermarkets of external funds, great online tools, account aggregation benefits, low costs, and are far more suited to what you are trying to do. the vast utility of Fidelity's "FullView" tool alone makes it a much better option than ANY bank. Vanguard offers some of the lowest ER index funds in the industry. T. Rowe Price has excellent internal funds and one-click access to "Instant Xray", Morningstar's powerful portfolio analysis tool. no brick and mortar bank is competitive on ANY facet compared to the above 3 account custodians. ar-jedi <-- was in same place as OP 25 years ago, now easily in sight of early retirement... |
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Posted: 10/19/2017 7:10:58 PM EDT
[#4]
So I'm looking at opening a Roth IRA with Vanguard. I am at the step in which they are asking me what I want done with my dividends: Reinvest, or Transfer to your money market settlement fund. What is this second option? I assume I will want to reinvest...
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Posted: 10/19/2017 7:34:41 PM EDT
[#5]
Yep. Reinvest. Otherwise the dividends aren't earning you money, they will just stagnate in your roth.
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Posted: 10/19/2017 7:41:42 PM EDT
[#7]
Quote HistoryQuoted:
So I'm looking at opening a Roth IRA with Vanguard. I am at the step in which they are asking me what I want done with my dividends: Reinvest, or Transfer to your money market settlement fund. What is this second option? I assume I will want to reinvest... please, read the first link above and make sure that you understand that an IRA (Traditional or Roth) is a type of tax-advantaged *account*, it is NOT an investment. what goes on INSIDE the the account is the part that is important to you. and the "I" in IRA stands for "individual" -- as in "you" -- the person managing the contents of the account. to wit: https://www.ar15.com/forums/general/-ARCHIVED-THREAD-If-you-had-1k-to-invest/5-1669572/?page=3#i49571729 ar-jedi |
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Posted: 10/19/2017 7:46:33 PM EDT
[#8]
Read up on ETF index funds or another option is target date Funds.
There are companies that use use program buying such as https://www.wealthfront.com/ Start early and keep at it. 
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Posted: 10/19/2017 7:53:34 PM EDT
[#9]
Quote HistoryQuoted:
good grief. ar-jedi |
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Posted: 10/20/2017 2:04:10 AM EDT
[#10]
Quote HistoryQuoted:
Thank you for your replies. I will be going to my bank tomorrow to see about opening a Roth IRA. I'd like to invest 5 to 10k this fall, including a certain amount of silver and gold. It will cost less and you will have far more options. |
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Posted: 10/20/2017 2:51:26 AM EDT
[#11]
(1) Invest in a vasectomy.
(2) Develop the will to not get married. Buy a fleshlight. (3) Cancel your cable TV. You can use your cell phone for interwebbing. (4) Live within your means. Don't buy a new car every 3 years. (5) Cook your own meals. |
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Posted: 10/20/2017 4:01:38 AM EDT
[#12]
Quote HistoryQuoted:
good grief. ar-jedi Quote HistoryQuoted:
Quoted:
Am I missing something? Not saying VOO isn't a good index fund, but it's over $200/share. ar-jedi I didn’t know how to respond to that either. 
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Posted: 10/20/2017 7:16:37 AM EDT
[#13]
Quote HistoryQuoted:
(1) Invest in a vasectomy. No. (2) Develop the will to not get married. Buy a fleshlight. No. (3) Cancel your cable TV. You can use your cell phone for interwebbing. Yep. (4) Live within your means. Don't buy a new car every 3 years. Yep. (5) Cook your own meals. |
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Posted: 10/20/2017 7:40:26 AM EDT
[#14]
Quote HistoryQuoted:
(1) Invest in a vasectomy. (2) Develop the will to not get married. Buy a fleshlight. (3) Cancel your cable TV. You can use your cell phone for interwebbing. (4) Live within your means. Don't buy a new car every 3 years. (5) Cook your own meals. |
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Posted: 10/20/2017 11:16:58 AM EDT
[#15]
Buy some stocks or mutual funds don't overthink it
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Posted: 10/20/2017 12:04:49 PM EDT
[#16]
bogleheads.org
Read their wiki pages and visit their forums. It is a plethora of knowledge on personal investing / retirement. |
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Posted: 10/20/2017 3:45:25 PM EDT
[#17]
Quote HistoryQuoted:
Kids and a good marriage are some of life's greatest pleasures. 
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Posted: 10/20/2017 3:52:19 PM EDT
[#18]
Quote HistoryQuoted:
To each his own. Quote HistoryQuoted:
Quoted:
Kids and a good marriage are some of life's greatest pleasures.
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Posted: 10/21/2017 9:12:43 AM EDT
[#19]
Quote HistoryQuoted:
Thank you for your replies. I will be going to my bank tomorrow to see about opening a Roth IRA. I'd like to invest 5 to 10k this fall, including a certain amount of silver and gold. |
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Posted: 10/22/2017 7:36:45 PM EDT
[#20]
Just opened a Roth IRA with Vanguard. Fully funded for this year. We'll see how it goes!
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Posted: 10/22/2017 7:41:53 PM EDT
[#21]
Quote HistoryQuoted:
Just opened a Roth IRA with Vanguard. Fully funded for this year. We'll see how it goes! |
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Posted: 10/22/2017 7:44:27 PM EDT
[#22]
Quote HistoryQuoted:
Going with an ETF like VTI or one of their mutual funds? Quote HistoryQuoted:
Quoted:
Just opened a Roth IRA with Vanguard. Fully funded for this year. We'll see how it goes! |
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Posted: 10/22/2017 7:58:10 PM EDT
[#23]
VTI or VOO is where I would start. Their mutual funds have higher expense ratios until you have the $10k for Admiral shares. So you may as well start out in VTI at .04% expense.
VTI is their whole US market fund. VOO is the S&P 500 fund. VEU is good if you want international exposure. |
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Posted: 10/22/2017 8:05:41 PM EDT
[#24]
Looks like it'll take a day for the funds to go through. I'll keep you updated.
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Posted: 10/26/2017 11:35:51 AM EDT
[#25]
I'm picking a few new ETF's each day. Almost allocated my 5500 for this year.
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Posted: 10/26/2017 11:43:39 AM EDT
[#26]
Which ones have you picked so far?
I cut my 401k last week, so the next couple months I'll be maxing my Roth. I'm currently just holding VTI with my Roth, but I may branch into some VEU. |
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Posted: 10/26/2017 12:05:20 PM EDT
[#27]
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Posted: 10/28/2017 10:13:59 AM EDT
[#28]
I was going to recommend VUG.
It appears you have a lot of overlap. Look at the holdings of each ETF. VGT has most of the same stocks as MGK which are also heavily included in VUG...and they’re all components of VOO and VTI. Not that it’s a bad thing, it’s fun to ‘trade’ different etfs. But your not adding additional diversification in doing that. Also, VTEB, check in the benefits (or lack of) in having a tax exempt fund in a tax exempt account. |
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Posted: 10/28/2017 6:30:53 PM EDT
[#29]
Quote HistoryQuoted:
is the 4th column the number of shares you bought? ar-jedi |
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Posted: 10/28/2017 8:17:08 PM EDT
[#30]
Quote HistoryQuoted:
@TacticalGarand44 is the 4th column the number of shares you bought? ar-jedi Quote HistoryQuoted:
Quoted:
https://i.imgur.com/bB3ZEou.png is the 4th column the number of shares you bought? ar-jedi |
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Posted: 10/28/2017 10:17:23 PM EDT
[#31]
M* (morningstar) instant Xray tool
http://portfolio.morningstar.com/RtPort/Free/InstantXRayDEntry.aspx?dt=0.7055475 put in dollar values OR put in percentages totaling 100%... 
click "show instant xray" 
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Posted: 10/28/2017 10:21:32 PM EDT
[#32]
Quote HistoryQuoted:
That's right. vanguard has an "equivalent" mutual fund for just about every ETF they have. so, with a mutual fund, you place your order as a dollar value (e.g. "$1000") rather than a number of shares. you paid a lot of commissions (percentage-wise) to construct that ETF portfolio. there are some other benefits to using funds, http://www.etf.com/sections/index-investor-corner/vanguard%E2%80%99s-mutual-funds-better-its-etfs?nopaging=1 please read post this as well https://www.ar15.com/forums/general/What-stocks-or-mutual-funds-would-you-buy-with-2000-a-week-/133-2040340/#i68631996 ar-jedi |
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Posted: 10/29/2017 8:03:38 AM EDT
[#33]
Quote HistoryQuoted:
just FYI, mutual funds can be purchased (and most often are) at "fractional shares". vanguard has an "equivalent" mutual fund for just about every ETF they have. so, with a mutual fund, you place your order as a dollar value (e.g. "$1000") rather than a number of shares. you paid a lot of commissions (percentage-wise) to construct that ETF portfolio. there are some other benefits to using funds, http://www.etf.com/sections/index-investor-corner/vanguard%E2%80%99s-mutual-funds-better-its-etfs?nopaging=1 please read post this as well https://www.ar15.com/forums/general/What-stocks-or-mutual-funds-would-you-buy-with-2000-a-week-/133-2040340/#i68631996 ar-jedi My thought was to use the ETF's to accumulate until he reaches the $10k threshold. After that he can move from the ETF's into the mutual funds. |
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Posted: 10/29/2017 8:43:59 AM EDT
[#34]
I paid zero commission for all of these.
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Posted: 11/4/2017 9:12:44 AM EDT
[#35]
Buy a nice big safe. Buy 10-12 ARs from reputable Mfg before end of year and 5k of quality 5.56.
Moving forward: Each month, buy a new pistol or revolver. For the purpose of this exercise, stay mainstream. Glock, Sig, Colt, Kimber, S&W, HK Buy a case of ammo for each caliber you invest each month. Each year - pick out one of the firearms and shoot a case thru it. Put it back into safe. Repeat. Add additional safes as needed. If you feel the need to diversify add in a O/U or pump shotgun or a quality bolt action (add in, not substitute). Don’t forget the case of ammo. |
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Posted: 11/4/2017 11:38:39 AM EDT
[#36]
Quote HistoryQuoted:
Buy a nice big safe. Buy 10-12 ARs from reputable Mfg before end of year and 5k of quality 5.56. Moving forward: Each month, buy a new pistol or revolver. For the purpose of this exercise, stay mainstream. Glock, Sig, Colt, Kimber, S&W, HK Buy a case of ammo for each caliber you invest each month. Each year - pick out one of the firearms and shoot a case thru it. Put it back into safe. Repeat. Add additional safes as needed. If you feel the need to diversify add in a O/U or pump shotgun or a quality bolt action (add in, not substitute). Don’t forget the case of ammo. this is a perfect, classic example of over-allocation in a single asset class, which dramatically increases portfolio risk. a very large portion of your investments could be "non-performing". that is, they don't even keep up with inflation, and you are screwed. 2) this is a perfect, classic example of over-allocation in a single asset class, which dramatically increases portfolio risk. a single piece of legislation and you are screwed. 3) this is a perfect, classic example of over-allocation in a single asset class, which dramatically increases portfolio risk. a major fire or theft and you are screwed. 4) this is a perfect, classic example of over-allocation in a single asset class, which dramatically increases portfolio risk. a single legal entanglement (protection order, etc) making you a prohibited person (even temporarily) and you are screwed. ... ar-jedi |
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Posted: 11/4/2017 1:08:21 PM EDT
[#37]
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I do understand what you guys are saying about the risk, but farming is somewhat volatile in and of itself. I'd prefer my extra investments to be very safe, even with lower yield. Does that make sense? Or can you talk me into a riskier viewpoint? 1 - Use money you know you can do without and invest monthly into an aggressive fund yet reputable fund. Set it and check back in 10 years. 2 - Use the other money in a less risky yield like bonds doing something possibly like bond laddering. |
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Posted: 11/4/2017 5:48:57 PM EDT
[#38]
Quote HistoryQuoted:
1) this is a perfect, classic example of over-allocation in a single asset class, which dramatically increases portfolio risk. a very large portion of your investments could be "non-performing". that is, they don't even keep up with inflation, and you are screwed. Cut our repetitive stuff.... ... ar-jedi In the event of changing legal or environmental conditions these assets reallocate into a more aggressive role. Either defensive to protect ones positions and assets or to acquire whatever assets are necessary to survive and thrive. |
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Posted: 11/4/2017 5:56:49 PM EDT
[#39]
Quote HistoryQuoted:
No different than stocks and bonds you don’t have in hand nor do you control. I’ve lost far more on the advice of stock peddlers, or greed or corporate mismanagement. Even the researchers got screwed. Can you say Enron or MCI. On the other hand I still kick myself for only purchasing 3 HK 91/93’s when they were $389. In the event of changing legal or environmental conditions these assets reallocate into a more aggressive role. Either defensive to protect ones positions and assets or to acquire whatever assets are necessary to survive and thrive. |
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