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antiga posted:Question for the thread. What's the right amount of money (% of income) to save for retirement? Is there such a thing as too much? Hello me! At 5% interest it would be a good idea to pay downs those loans ASAP. The interest rates on your loans are a known quantity while future market returns are not. Also, if you lose your job or have a financial emergency it'd be nice to have those loans gone or down to a manageable amount.
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Feb 28, 2014 03:58
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GoGoGadgetChris posted:Are prenuptials a personal decision or are they just a good idea when disparate-valued couples marry? My sister's net worth is $400,000 but her boyfriend is -$100,000 thanks to student loans and the choice to own a bicycle shop. Its never not a good idea to have a prenupt.
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Mar 17, 2014 19:30
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Now would be a good time to start upping those 401k contributions. As a young investor, this is pretty fun to watch (as long as I don't lose my job).
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Oct 15, 2014 18:55
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I'd only buy company stock if they offered a good match (at least 25%) and weren't too strict about trading. My company offers 25% match on up to $184/pay period but its $40 per trade  . I have company stock at around 10% of my total assets right now, which is a bit high, but I plan on selling off all the positions every 6 months or so for the free money.
Gorman Thomas fucked around with this message at 02:07 on Oct 16, 2014 |
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Oct 16, 2014 02:05
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We get a 25% discount, up to $200/pay period. Its costs $40 for a sell order through Fidelity though, so we have to sell in bunches to avoid getting hosed by commissions. No look back either, which sucks, and the executor doesn't put in the stock purchase orders on a set schedule.
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Jan 23, 2015 17:54
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While helping my GF rollover her Fidelity 401k into a Fidelity IRA I had her put the total amount in a Vanguard mutual fund. She had to pay a $75 fee for the transaction but the expense ratio was 0.08% vs 0.75% for the equivalent Fidelity fund. Fine print didn't mention any additional fees, this was the correct decision? We're like 30 years away for retirement for reference and the transfer amount was ~150k. edit: should be more specific sorry, the comparison is FDEEX (0.75%) vs VFFVX (0.08%) + $75 transaction fee. Gorman Thomas fucked around with this message at 20:23 on Aug 28, 2022 |
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Aug 28, 2022 20:15
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Mu Zeta posted:Fidelity should have an equivalent fund (freedom index funds) with a lower expense ratio than the Vanguard version. But if this is a one time thing then $75 isn't too bad. Just stick to Fidelity index funds in the future. I'd also consider exchanging the Vanguard funds to the Fidelity version since it is tax deferred. I didn't know Fidelity had Admiral share equivalents drat. Future contributions will be in FDEWX thanks!
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Aug 28, 2022 20:42
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drk posted:For what its worth I have 100% of my retirement funds in VFIFX (Vanguard Target 2050). The ER is low and I like that I literally never have to think about it. Same for my Roth, it's just really nice not having to think about reallocation.
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Mar 28, 2024 17:25
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