i have savings bonds of 25 bux for each kid per week==>7 yr old (5 yrs) and a 17 month old (9 months)
75 bux per week into my money mkt
i have a variety of open stocks/bonds open but my weekly contributuion is limited to going directly into my fid real estate investments at 50% of the 180 (90 bux) and an interest income bond with the other 50% (90 bux).
i think i have things lookin good but would like open opinions on what would you do differently.
0
To remove first post, remove entire topic.
65% in stock investments
35% in bond managed income
i contribute 15% roughly 180 per week
i have savings bonds of 25 bux for each kid per week==>7 yr old (5 yrs) and a 17 month old (9 months)
75 bux per week into my money mkt
i have a variety of open stocks/bonds open but my weekly contributuion is limited to going directly into my fid real estate investments at 50% of the 180 (90 bux) and an interest income bond with the other 50% (90 bux).
i think i have things lookin good but would like open opinions on what would you do differently.
I am not thrilled with a bond fund and this is why..rates are LOW, that means prices are HIGH, thus the value of bonds in portfolios has done well. When bonds are not in demand, the value of the funds will drop.
I do like the RE fund though.
For the $$$ you are talking about, I dont see the need for a paid financial advisor.
0
I am not thrilled with a bond fund and this is why..rates are LOW, that means prices are HIGH, thus the value of bonds in portfolios has done well. When bonds are not in demand, the value of the funds will drop.
I do like the RE fund though.
For the $$$ you are talking about, I dont see the need for a paid financial advisor.
I am not thrilled with a bond fund and this is why..rates are LOW, that means prices are HIGH, thus the value of bonds in portfolios has done well. When bonds are not in demand, the value of the funds will drop.
I do like the RE fund though.
For the $$$ you are talking about, I dont see the need for a paid financial advisor.
so you think i should reallocate some of the bond index funds? what determines when bonds arent in demand? the EE savings bonds are for my daughters college and i also have the michigan education savings plan for the both of them.
do you think this is too much or is too much not enough. really concerned long term not short.
0
Quote Originally Posted by wallstreetcappers:
I am not thrilled with a bond fund and this is why..rates are LOW, that means prices are HIGH, thus the value of bonds in portfolios has done well. When bonds are not in demand, the value of the funds will drop.
I do like the RE fund though.
For the $$$ you are talking about, I dont see the need for a paid financial advisor.
so you think i should reallocate some of the bond index funds? what determines when bonds arent in demand? the EE savings bonds are for my daughters college and i also have the michigan education savings plan for the both of them.
do you think this is too much or is too much not enough. really concerned long term not short.
I think a BOND fund is likely to have issues going forward with rates this low..
Series EE savings bonds are fine..no problem.
Longer term think of it this way..do you think interest rates will be LOWER in 5 yrs or higher?
If you think HIGHER than a bond fund in its net asset value will be LOWER and this is why.
Bonds go DOWN in yield when they go UP in price..more demand for bonds means yields are lower, inversely when there is LESS demand, bond prices go down (people are selling or not buying) and yields go UP to entice investment.
So if you have a bond fund where you are invested while rates are LOW, that means your fund owns bonds which are higher in price (remember the yield and price relationship) and if bond yields are going higher (higher interest rates) then it means the BOND prices inside that fund are less valuable because they are lower rate bonds than if the fund had purchased the bonds when yields were higher and prices lower.
Pull up a chart on a bond fund and see how the fund does when interest rates are lower and when they are higher.
It is a LITTLE complicated, but not that bad when you understand the relationship of interest rates to bond prices..thus rates to bond FUND prices.
0
kalind,
I think a BOND fund is likely to have issues going forward with rates this low..
Series EE savings bonds are fine..no problem.
Longer term think of it this way..do you think interest rates will be LOWER in 5 yrs or higher?
If you think HIGHER than a bond fund in its net asset value will be LOWER and this is why.
Bonds go DOWN in yield when they go UP in price..more demand for bonds means yields are lower, inversely when there is LESS demand, bond prices go down (people are selling or not buying) and yields go UP to entice investment.
So if you have a bond fund where you are invested while rates are LOW, that means your fund owns bonds which are higher in price (remember the yield and price relationship) and if bond yields are going higher (higher interest rates) then it means the BOND prices inside that fund are less valuable because they are lower rate bonds than if the fund had purchased the bonds when yields were higher and prices lower.
Pull up a chart on a bond fund and see how the fund does when interest rates are lower and when they are higher.
It is a LITTLE complicated, but not that bad when you understand the relationship of interest rates to bond prices..thus rates to bond FUND prices.
will do wallstreet. much appreciated. will check into the numbers. hell, i even collect cans. funny thing is in the past yr or so i have matched what i collect for the girls dollar for dollar and we've saved about 1500 bux. what would you suggest i do with it? just leave it in their accts or invest it into something? lookin to purchase property in the city they attend college and this is primarily their acct for a car or whatever. really appreciate the thoughts bro. best to ya.
0
will do wallstreet. much appreciated. will check into the numbers. hell, i even collect cans. funny thing is in the past yr or so i have matched what i collect for the girls dollar for dollar and we've saved about 1500 bux. what would you suggest i do with it? just leave it in their accts or invest it into something? lookin to purchase property in the city they attend college and this is primarily their acct for a car or whatever. really appreciate the thoughts bro. best to ya.
I would put the money into an S&P fund and maybe a small cap fund, Fidelity has some GREAT small cap funds. I worked for them years ago and I still hold some money there for the great funds available.
Small cap has higher growth potential but can be rocky..in a bad market a small cap fund can get hit more than an index fund, but given the time horizon if you did 35/35 and kept 30% for a rainy day, that would be a good way to consider.
0
That didnt come across right on that last post.
I would put the money into an S&P fund and maybe a small cap fund, Fidelity has some GREAT small cap funds. I worked for them years ago and I still hold some money there for the great funds available.
Small cap has higher growth potential but can be rocky..in a bad market a small cap fund can get hit more than an index fund, but given the time horizon if you did 35/35 and kept 30% for a rainy day, that would be a good way to consider.
talked with a rep from fidelity today. re-arranged some things to get a better balance of what my ultimate goal was for the long haul. added some small caps and i added a payroll deduction for another 529 plan for the girls. i was checkin out college tuition and i really need to get on the ball bro. thnx for the heads up. had them send me a beneficiary packet too because i wanted to add my mother and put the girls on just in case i dont make it to tomorrow.
lookin at my portfolio now i see i am balanced a bit better. think i will sit tight on the girls accts and see where it leads me. not much left over on my check after all the deductions thats why i hustle on the side. gotta either make the side buisness grow or drop it. work and the baby is wearing on me. and montessori schools arent cheap.lol i think i'll be payin tuition forever bro. the things we do for the lil ones.
much appreciated again and if it's anything you ever need dont hesitate to drop me a line. as if you'll need anything.lol
if you ever come to the worst city in america just hit me up. i gotcha bro.lol
motown USA===>kwame for president.lol
0
talked with a rep from fidelity today. re-arranged some things to get a better balance of what my ultimate goal was for the long haul. added some small caps and i added a payroll deduction for another 529 plan for the girls. i was checkin out college tuition and i really need to get on the ball bro. thnx for the heads up. had them send me a beneficiary packet too because i wanted to add my mother and put the girls on just in case i dont make it to tomorrow.
lookin at my portfolio now i see i am balanced a bit better. think i will sit tight on the girls accts and see where it leads me. not much left over on my check after all the deductions thats why i hustle on the side. gotta either make the side buisness grow or drop it. work and the baby is wearing on me. and montessori schools arent cheap.lol i think i'll be payin tuition forever bro. the things we do for the lil ones.
much appreciated again and if it's anything you ever need dont hesitate to drop me a line. as if you'll need anything.lol
if you ever come to the worst city in america just hit me up. i gotcha bro.lol
I would put the money into an S&P fund and maybe a small cap fund, Fidelity has some GREAT small cap funds. I worked for them years ago and I still hold some money there for the great funds available.
Can you name a few of those SC funds? I have access to some through my 401k & feel I need to rebalance a bit. I'm currently in Fid Divers. Int. & an Agressive Growth fund mostly.............got about 10 more years to go til retirement.
0
Quote Originally Posted by wallstreetcappers:
That didnt come across right on that last post.
I would put the money into an S&P fund and maybe a small cap fund, Fidelity has some GREAT small cap funds. I worked for them years ago and I still hold some money there for the great funds available.
Can you name a few of those SC funds? I have access to some through my 401k & feel I need to rebalance a bit. I'm currently in Fid Divers. Int. & an Agressive Growth fund mostly.............got about 10 more years to go til retirement.
Aggressive growth had an awesome track record during the years I worked there, then got HAMMERED when tech went down, it is a very crazy fund, I currently dont own any of it..
I keep a small 401k at FIDO because of an in-house fund called Aggressive Equity and it isnt available to outside investors (at least that I know) and as long as that is the case I will keep my 401k there.
To find what FIDO has, go to yahoo finance and in the quote box type in Fidelity Small Cap and you will find I think 7 funds in the group..then decide which one fits your risk profile and see which has done better over time. I have (and still might I guess) own Fidelity Small Cap STOCK which is symbol FSLCX.
Just checked and yeah I have it, the Aggressive Equity and FIDO Natural Gas..I am down about 10% on the year which is probably better than the averages and not bad given the higher risk funds I have there. About 2 yrs ago I swapped out of High Income and into Natural Gas and it is up only 10% from that point..not good.
0
Aggressive growth had an awesome track record during the years I worked there, then got HAMMERED when tech went down, it is a very crazy fund, I currently dont own any of it..
I keep a small 401k at FIDO because of an in-house fund called Aggressive Equity and it isnt available to outside investors (at least that I know) and as long as that is the case I will keep my 401k there.
To find what FIDO has, go to yahoo finance and in the quote box type in Fidelity Small Cap and you will find I think 7 funds in the group..then decide which one fits your risk profile and see which has done better over time. I have (and still might I guess) own Fidelity Small Cap STOCK which is symbol FSLCX.
Just checked and yeah I have it, the Aggressive Equity and FIDO Natural Gas..I am down about 10% on the year which is probably better than the averages and not bad given the higher risk funds I have there. About 2 yrs ago I swapped out of High Income and into Natural Gas and it is up only 10% from that point..not good.
Thanks WSC...........I'm actually a bit hesitant to make any large shifts right now as, although the funds I'm in get hit hard when the market bears, they'll rebound sharply when it comes back. I'm down about 10% from Oct. myself. But I just keep telling myself that I'm buying cheap right now.
Luckily, I don't have anything in the Fid. REIT (down 26%). When would you consider investing in the REIT? Real estate can't be down forever...........last I heard, they don't make "land" anymore. I realize thats a subjective question, but what market keys would signal that RE is on the road to recovery? I still have about 15% of my port. in Magellan but its been a dog for a while now & am considering moving out of it.
0
Thanks WSC...........I'm actually a bit hesitant to make any large shifts right now as, although the funds I'm in get hit hard when the market bears, they'll rebound sharply when it comes back. I'm down about 10% from Oct. myself. But I just keep telling myself that I'm buying cheap right now.
Luckily, I don't have anything in the Fid. REIT (down 26%). When would you consider investing in the REIT? Real estate can't be down forever...........last I heard, they don't make "land" anymore. I realize thats a subjective question, but what market keys would signal that RE is on the road to recovery? I still have about 15% of my port. in Magellan but its been a dog for a while now & am considering moving out of it.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.
Hot Forum Topics
