What a great way to start the new year.
What a great way to start the new year.
I asked my wife and she said our investments and Roth IRA's were both 20-25% in 2019.
Mine for 2019 was +28.12%!! Too bad it can’t be this good until I’m able to retire.
I got nervous last time the market slumps. I cut my monthly contribution to about half. A couple months later, I’m thinking ‘I’m still young enough’ so, I doubled up. Best decision I’ve made in a long time. I was buying double the shares at half the cost. When it rebounded, it was very nice!
Just a heads up, there are a LOT of smart money managers that are being very cautious for 2020. By several metrics the market is overbought. In which I'm optimistic about this economy but I'm going to take some gains in growth stocks and make some income plays to protect what I've earned. There are a LOT of "safe" 5-6% dividend/growth plays out there right now that look cheap IMO. Still gonna do some growth but going to be very picky about it, like the 5G plays. Lots of tech out there that's still strong, made a lot of money from Nvidia this year. They say Amazon is still relatively cheap but I don't see the movement but that's just me. I said the same thing about Apple last year and it's made a nice little run. Good to see so many guys doing well.... protect and diversify what you've earned!
Be careful with some of those investment funds they manipulate the numbers where it makes it look like you are making more interest than you really are, I've never had very good luck with them long term. I'm getting into rent houses, got a great deal on a nice 30 year old 1750 sf brick home in a good neighborhood for $120K and put a little into fixing it up and it rented right away for $1350/month. My payment is $845/mo and if I put the entire amount towards principal it will be paid for in 9 years and the house currently appraises at $160K.
401K - +33.86% (self-directed within available funds.)
Roth - +29.65% (BNDX, VCR, VGT, VPL, VTI)
Fun account - +200% playing with options on AMD, TSLA, FB and BA as well as some crypto.
Continue a good run after a brutal ending to 2018. We'll see what shenanigans takes place in the coming months.
If you have money in non tax-advantaged accounts the tax bill from last year provides a nice 20% deduction for qualifying pass-through income (think REITs). A nice way to shave some tax basis off if you need to.
Roth - +29.65% (BNDX, VCR, VGT, VPL, VTI)
Fun account - +200% playing with options on AMD, TSLA, FB and BA as well as some crypto.
Continue a good run after a brutal ending to 2018. We'll see what shenanigans takes place in the coming months.
If you have money in non tax-advantaged accounts the tax bill from last year provides a nice 20% deduction for qualifying pass-through income (think REITs). A nice way to shave some tax basis off if you need to.
Absolutely agree. Wife and I are making much more money monthly now from our investments than we made while in the daily grind.
Perfect financial planning will have you receive your last check the day you check out permanently.
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