#fund

An effort to fund an internet subsidy program just got thwarted again

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An effort to fund an internet subsidy program just got thwarted again Illustration by Cath Virginia / The Verge | Photo from Getty ImagesDon’t hold your breath for a resurgence of government internet subsidies. Republicans and Democrats can’t seem to agree on a way forward to fund the program, and passing such bills will only get more difficult as Election Day inches closer. Democrats and Republicans have introduc…

The Verge 1.2k 2024-06-19

Mutual Fund Portfolio Rebalancing

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Mutual Fund Portfolio Rebalancing Hi all, 27M. Investing for long term. I recently tried to rebalance my portfolio and SIPs. Following are the five funds I currently invest in: 1. Quant Small Cap (4k) 2. Quant Flexi Cap (4k) 3. Parag Parikh Flexi Cap (4k) 4. HDFC Balanced Advantage (4k) 5. Kotak Equity Opportunities Fund (4k) Wanted the reddit opinion on it. Also, I’ve switched …

Reddit Personal Finance 928 2024-06-18

Best option to fund home addition

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Best option to fund home addition I am contemplating a home edition and have started to research finance options. I’m doing lots of reading but would love any anecdotal or other helpful advice. Details below: Home is 1,050 sq ft 2 bedroom 2 bath purchased in 2021 for $357,000 (350/sq foot). Current mortgage balance is ~$305k at 2.5%. Monthly payment is $2350 (high because of h…

Reddit Personal Finance 1.0k 2024-06-12

Decrease Retirement Savings to Fund Emergency Fund

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Decrease Retirement Savings to Fund Emergency Fund Hi! Partner and I have recently used about half of our emergency fund due to a few circumstances. I am currently putting away 20% away towards retirement and my wife works part time and stays home with the kids and is not currently saving. She has some retirement savings though. Should I decrease the amount I am putting away into retirement unt…

Reddit Personal Finance 948 2024-06-10

Trump Gets a Fund-Raiser in Silicon Valley

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Trump Gets a Fund-Raiser in Silicon Valley Donald Trump is heading to San Francisco for a fund-raiser, and his host, the tech entrepreneur David Sacks, hopes to portray Silicon Valley as a more MAGA-welcoming place.

New York Times 883 2024-06-06

Is an “emergency fund” per person, per household, or both?

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Is an “emergency fund” per person, per household, or both? Okay so this might be a dumb question, but when people say “you should have 3-6 months of living expenses saved” for your emergency fund, do they mean each person in the household, or the combined household fund? I’m married. Should my spouse and I each have that much saved individually? If we have a joint one, should we have also our own emerge…

Reddit Personal Finance 512 2024-06-01

What to do with mutual fund?

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What to do with mutual fund? My father started a mutual fund when I was young and I inherited it. It’s now worth about ~$60,000. I’m truly grateful, but I have no clue what to do with it. My wife and I have been homeowners for 3 years and we need a new roof, windows, gutters and an AC unit. None of these are immediate, but the writing is on the wall. My question is can I l…

Reddit Personal Finance 1.2k 2024-05-28

Prioritize Emergency fund or Roth IRA?

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Prioritize Emergency fund or Roth IRA? Hello, I have 2 months of emergency fund right now and my Roth IRA is pretty much empty. I am in my 20s. Should i prioritize putting all my monthly savings in Roth IRA or build emergency fund for 3/6 months? My employer doesn’t do 401K match so it’s on me to figure out how to invest/save. Thank you! submitted by /u/redditbaba05 …

Reddit Personal Finance 992 2024-05-08

Help! Mom claimed an unclaimed mutual fund

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Help! Mom claimed an unclaimed mutual fund Need some advice please. Little back story, then on to my question. My mom started mutual funds for me and my brother when we were younger and we were just recently informed of this. My mother received multiple notifications through the mail and by phone, stating that she had some unclaimed mutual funds under her name. So she contacted the perso…

Reddit Personal Finance 880 2024-05-06

Timeline of Money Market fund position liquidation

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Timeline of Money Market fund position liquidation Hi folks, I am positioning most of my emergency fund in the MM funds, and just want to clarify liquidity of the MM funds (VUSXX as an example): the orders are executed at the end of the day funds are posted into your sweeping account the next day it takes 1-2 days to ACH funds to your bank account submitted by /u/QuercusN

Reddit Personal Finance 1.3k 2024-04-18

Kids College fund or save for a new car

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Kids College fund or save for a new car I currently save $500 a month for my kids college fund. I have (almost) no debt and want it to stay that way in the future. I will need a new vehicle in the next 5 years or so and want to pay cash. Should I stop contributing to the kids 529 plans to save up and pay cash for the vehicle? Kids are 5 & 3. Thanks in advance for the advice. su…

Reddit Personal Finance 987 2024-04-15

Mutual fund vs. IRA vs Roth IRA

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Mutual fund vs. IRA vs Roth IRA Hello all! I have a mutual fund but wanted to roll it over to a Roth IRA because I read that the tax penalties are better when I would need to access that money at retirement or should I need to access that money early in case of an emergency. I called the company that I’m with to see if I could talk to someone about which account would be right…

Reddit Personal Finance 1.1k 2024-04-12

Using Schwab money market fund for my savings?

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Using Schwab money market fund for my savings? Good or bad idea? I am extremely new to this! (this would be my first individual bank account) From what I’ve read, Schwab checking gets praise, but their savings account is eh. Can I just dump my savings, or emergency fund, into swvxx? Or should I look for other options like Ally that gives checking and HYSA/Money Market Account? (I’d rather my…

Reddit Personal Finance 699 2024-03-09

Is it a good idea to keep money in Vanguard’s settlement fund?

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Is it a good idea to keep money in Vanguard’s settlement fund? i’m new to investing and the financial field in general. i turned 19 not long ago and decided to start putting money into a roth ira account on vanguard investing in VTI + VXUS for long term gains. additionally, i want to save my money at a high rate, i looked into different HYSA but maybe vanguard’s 5.29 yield would be better? is this a good id…

Reddit Personal Finance 1.2k 2024-02-28

Took from my trust fund can I build it back up

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Took from my trust fund can I build it back up So I got married this year and both of our families come from blue collar backgrounds but I was fortunate enough by my grandmother that she worked her whole life so that she could save basically all of her money so she could take care of her kids and grandkids. Every grandchild was give a small trust and when we turned 18 we got control of that …

Reddit Personal Finance 1.1k 2024-02-12

Emergency Fund – 3 months enough?

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Emergency Fund – 3 months enough? I’m at the stage where I’m truly trying to save the oft-recommended 3-6 months emergency fund i.e. credit cards are paid off, I’m putting money towards retirement, etc. I understand the logic but how do you know if 3 months is enough? I know no job is 💯 percent secure but what if you are a state and union represented employee? The likelihood of …

Reddit Personal Finance 594 2024-02-05