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DK

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  1. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” Warren Buffett. I'm going to buy, buy, buy.
  2. Agreed with the Target Retirement fund
  3. 85/15 split. Down 8.5%
  4. DK

    Potential crash?

    I used to be 100% stock for years until a year or two ago when I switched over to 90/10. I moved over to 85/15 since the bull market was going on for too long and I just felt cautious. I just wanted to be prepared in case what's happening now happens. Plus, I'm getting older and a year closer to retirement. 😉
  5. DK

    Potential crash?

    I'm just glad I changed my asset allocation at the beginning of this year to 85/15 equity/bond. If the market goes down more next week, I'm moving half of my bonds over to equities. If it continues going down, I'll move the other half of my bonds to equities. I'm in the process of maxing out my ROTH IRA for this year. Just waiting for the money to transfer over any day now. Then, hoping the market continues to go down, will max it out again for 2019. For young folks, this is a great time to buy as it is going down. Love to buy when it's cheaper. To quote Warren Buffett, "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
  6. DK

    Potential crash?

    Yes. Stay the course. I have not done anything but staying the course. It could go down more but it could also go back up. I have no idea what's going to happen so I'm not doing anything.
  7. My 90/10 asset allocation returned 19.5% in 2017.
  8. Hi, A friend of mine brought up a couple of questions for contract exchange. He wants to move his balance from two approved vendors to another approved vendor and I told him that is considered a "contract exchange" since all 3 vendors are approved by his district. He asked me about tax consequences and I told him there should not be any. He then mentioned something about the vendors needing to have information sharing agreement on file with the district, about distribution restriction needing to be the same, and balance before and after the transfer needing to be the same. Otherwise, it will be taxed as ordinary income. So, if a vendor is an approved vendor for the district, doesn't that mean they have information sharing agreement on file already for them to be an approved vendor? What's this thing about distribution restriction needing to be the same for both vendors? As for the balance of his account being the same before and after the exchange, what happens if he already contributed to the new vendor? If he transfer his balance over, wouldn't his balance be more in the new vendor than the old vendor since he already started contribution before the exchange? I'm trying to get him all into Vanguard. He first started with Nationwide. Then stopped that and was using Pension2 until recently. Now he is contributing to Vanguard. I'm trying to get him to transfer it all into Vanguard but he's afraid of it being taxed. Thanks
  9. Looking at the expense ratio of the admiral shares compare to the investor shares, it looks like I will be saving an average of 11 basis points. With the $60/year fee, I'll still be saving about $100 per year for now. But when my portfolio grows in the future, the cost saving will be way more.
  10. Sweet. I can't wait. ADMIRAL SHARES!!!!! So excited
  11. Agree with everyone's post above. Showing our ytd return and assets allocations shows people how with riskier allocation will provide more rewards and other useful information. If you look at target date fund, you can probably match what has been posted here to how similar it performs with target date funds. For example, if you look at Vanguards Target date funds by retirement year, you can see the ytd return decreasing for retirement years that are near.
  12. Just keep it easy. [(Total Balance ytd) - (Balance at beginning of year + total contribution ytd)]/[(Balance at beginning of year + total contribution ytd)] = ytd return %
  13. I have 90/10 stock/bond that has a ytd return of 10.6% 40% is foreign
  14. lol. This happened to me too. These guys from AXA came to my school. They approached me asking about saving in a 403b. I told them I have Vanguard already and I'm good. They mentioned that I was probably there for the low fees but then asked if I was meeting with an adviser who can help me out by giving me advice and all? I told him I didn't need any adviser to tell me how to invest. I know exactly what I am doing as I have done my research. I even mentioned that if I wasn't a teacher, I would be a financial adviser instead since I enjoy the world of investing and helping others.
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