Restructuring investments Hi everyone, After taking a backseat to setting up my future self for success, I’m working to fix that. As of this year, my wife and I now make enough that we cannot contribute to a Roth IRA anymore. We had a short stint with Northwestern Mutual that was a dumb move in hindsight and are back in with Schwab. We were in the automated portfolio for…

Paying Taxes after taking money out of investments I have about $100,000 in a vanguard account of which I put in out $85,000 I want to take out $70,000 to pay off some debt. Will I be taxed on any of the $70,000 I take out since it is not more than the $85,000 I put in initially? So if this is a dumb question. submitted by /u/golfguy_4653

Retirement 401k vs investments question Hello, I am 30 and make 200K a year with no debt. My 401(k) is at 60k Investments are at 160k I live in a very expensive city and I don’t think I’ll be able to afford to purchase any homes so I will continue renting for the time being but at some point I want to be able to purchase a home in the next five years. Should I be investing more of …

32 y/o Retirement Investments Recently started to pay attention and care about retirement saving! I know I’m a little behind and should’ve done this out of college but here I am. Luckily I’ve always taken advantage of a 401k and employers match but was ignoring the IRA. Going to do a backdoor roth asap but have a few questions. My 401k was in a target date fund and I recentl…

58 y/o, minimal investments but significant savings. How do I get her to retirement? Hello, I’m here looking for some advice and just to bounce some ideas off of people. I’m currently trying to do some retirement planning for my mom and (similar to many immigrants in the US) she knows little to nothing about investing but is incredible at saving so she has a ton of cash. Here are the highlights: – 42K in a traditional IRA – 15K…

First Investments with 15k I am 19 and have 15k to invest. I am an engineering student and will have my student loans covered by my parents. I also am working a part-time engineering role (accumulating up to 65k depending on how much I choose to work while studying). I am wanting to put my money into high growth ETF’s / Index funds as this would instantly diversify my por…

Need help with my investments Hello, I’m a 20M and I’ll be receiving about $23k in few days, i wanted to know what would be the best or preffered options for me to invest my money for the long term. I have about $30k right now in MF(mostly focused on dividends and index), and i want to keep investing and am not planning to touch them till my late 30s or early 40s after i set…

Right time to add private investments into our portfolio? 33yo married couple Current combined W2 income of ~380k annually (280 base plus 100 bonuses) in a medium COL state. Have about ~275k in IRAs, 100k in taxable accounts, and 75k in HYSA, plus a house with a low mortgage rate with 200k of equity mostly due to appreciation. Recent new jobs have increased salaries and should be on track to save ~20-2…

Should I sell my investments to pay off my car loan or readjust my finances and keep the investments? Hi! I am far from a financial person so I would like all of your help on this! I am trying to figure out if it would be better financially to sell my investments in order to pay off my car and then use the additional monthly income to rebuild my investments (or add to the savings). Or to keep them and re-budget money to pay off the loan faster. …

Should I sell my investments to pay off the rest of my auto loan? This is my first time ever going into debt as I recently got into a car accident that totaled my car. After the accident, I purchased a new to me car from a dealership in August but got pre-approved for an auto loan from my credit union for $10,000 with 6.4% APY and a 3 year term. I made sure to follow the 20/3/8 plan when I purchased the vehicl…

403b from employer, am I supposed to be selected investments? I’m 25 with a 403b from my employer through Fidelity. I’ve heard that I need to be investing as high risk for my age. Is that just for 401ks? Is this something I am able to do with my 403b from work? What would it look like? submitted by /u/slut4spotify

Transferring investments within 401(k) I (25M) have all of my 401(k) balance currently invested in a target date fund. This year it underperformed the S&P500 by about 11% and I can’t help but feeling like I “missed out” on those extra returns. Is it a bad idea to transfer my current investments in the target date fund into an S&P index like VOO and maybe a couple other ETFs like VBR …

401k fund investments after leaving a company I have a 401k plan with a company I just parted ways with. I’m 34. It has just shy of 150k. About 60% of my mix is in a retirement target fund and 5% in bonds. The last 35% is in “very aggressive” or “aggressive” funds of my own choosing. They have been in those accounts for several years and have performed extremely well. However, now that I am…

Plans for investments How do you decide what you’re investing for.. sounds like a stupid question but wife and I max our retirement accounts (401k and Roth IRA) we both max our HSA’s and started a 529 and custodial account for our son. We also invest in our own taxable account but have no real plan for that money. How did you decide what you were investing for? We li…

Should I liquidate all my investments to buy a house with 20% down or keep my investments and go for an FHA loan? Hi all, I’m in a bit of a financial dilemma and would love some advice. I have around $70k invested outside of my 401(k) across stocks, bonds, and other assets. I’m thinking about using these funds for a 20% down payment on a house to avoid PMI (Private Mortgage Insurance) and keep my mortgage payments lower. However, I’m also considering leavin…

advice regarding to investments Im 18M and ive been wanting to invest in something for a mid time or a long time purpose, my dad’s been asking me to invest in stocks but i literally have no knowledge in that, is there anyone who can help me with that. submitted by /u/fohmohnomo

Allocation ratio 401k vs other investments. Hi all, just looking for a bit of general advice or thoughts on this. I’m 45, financial stability, nothing remarkable as a do or a don’t there. Basically, I save so that I can max my 401k annually and I also save some for my own side investing (not in a 401k, but index funds or individual stock purchases that are also retirement-allocated). I’m …

Roth IRA investments I am a 19-year-old with a pretty decent job looking to invest in a Roth IRA. I’ve already opened an account with Fidelity and have a 401k with them through my employer and I’m wanting to know what is the best things that I should invest in and any other tips with this being the first retirement/investment account that I am running on my own. I w…

Savings and investments Hi all, So I started really saving and investing from 2016 seriously. From that point I’ve built up to around £145k split into the below. £50k into premium bonds only recently, this was held in my stocks and shares account previously £63.5k into my stocks and shares account within this I have £5k in a lifetime ISA and £2k in a SIPP I have £9k i…

Order of investments-one income Our income is going to be changing in early August (going from $232340 gross to $162340 gross), and our mortgage will be going from 20% to 30% of our gross income for anywhere from 6-8 months this is due to a slew of medical related issues. This equates to around $5856/month Net, which is a bit tight for now, but we can adjust costs where need b…