#asset

Asset allocation for federal employee about to get laid off and possibly facing long-term unemployment?

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Asset allocation for federal employee about to get laid off and possibly facing long-term unemployment? Hi all. Looks like I will be losing my job unexpectedly, and it will be hard for me to find another one anytime soon for reasons I won’t get into. I may even have to go back to school to re-train in my late 40s. I earn six figures, and the odds of me finding a similar job ever again are slim. Monthly expenses are about $5,000. Planning to retire…

Reddit Personal Finance 452 2025-02-19

Asset Allocation for a 10 year portfolio

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Asset Allocation for a 10 year portfolio I am 54m, planning to retire in second half of 2025. I have a deferred compensation account that will start a 10 year distribution in 2026. It will cover all my expenses. I have other assets that I don’t plan to touch while getting the deferred comp distribution. My question is on how to set up proper asset allocation for the deferred comp accou…

Reddit Personal Finance 685 2025-02-12

Inherited a 7 house property management company with low income, but high asset value. Is it worth keeping around?

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Inherited a 7 house property management company with low income, but high asset value. Is it worth keeping around? Basically, rent totals are $106,356.00 at suggested rents. Yearly Mortgages $29,727.48 with $233,401.01 due total at $1,154,900.00 total house evaluation. Property taxes are $6,663.72 with insurance around $8,000 a year.. so that leaves me with $61,964.80 profit yearly, roughly if I market rent adjust. If I don’t (as of right now): $33,548.80. L…

Reddit Personal Finance 605 2025-01-02

How have your opinions on asset allocation shifted over the past year?

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How have your opinions on asset allocation shifted over the past year? We are currently on an extended bull market, with all-time highs in stocks, housing, and even Bitcoin. I am personally gearing up for something to change, something to play a major factor in reshaping the financial landscape. No idea what it will be. I have moved to 25% cash holdings (high yield saving via Ally). I have allocated 5% of my holdin…

Reddit Personal Finance 642 2024-12-17

How much loss can I take on an appreciating asset?

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How much loss can I take on an appreciating asset? I am currently making motgage payments on my primary resistance, which I bought 2.5 years ago for 525k and has appreciated in value 15% to around 605k. WithIn the next year I will need to move out of the state for work. I can sell the house and pocket somewhere around $40k after fees, or I can higher a property management company, and rent it ou…

Reddit Personal Finance 1.2k 2024-12-05

How to get rid of a pledged asset line?

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How to get rid of a pledged asset line? (Also cross-posted in r/Bogleheads) My divorce was officially finalized last month and ex-husband is splitting investment accounts. One brokerage account has a pledged asset line (PAL). I will get half of the brokerage account and half of the PAL – for simplicity, let’s say $100k and $70k, respectively. Ex-husband says the PAL needs to stay belo…

Reddit Personal Finance 1.3k 2024-11-24