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Need Advice on 529 Allocation for graduating senior in this market
Our son graduates in May, will be attending a state college with annual tuition of roughly $20K, and we have $31K in his 529, with $500 monthly contributions that we will continue to make. The recent market turn has dropped the balance by $2k and I need advice on how …
401k and Roth IRA. Contribution limits.
My wife and I file MFJ. Combined gross income of 200k. We will each max out our 401k's this year including the over 50 catch-up. I'd also like to fund a Roth for both of us. There's nothing against fully funding both accounts for both of us in a single …
Find a rebuttal to this argument
"The US is not getting ripped off by anybody. The problem is the US has been living beyond its means for decades. It consumes more than it produces. It has outsourced its manufacturing and borrowed money in order to have a higher standard of living than it's entitled to based …
~50% of 164 hedge fund managers who manage $386 billion USD now say that the US economy should brace for a hard landing, up almost 43 percentage points since February - why is there such a big disparity between institutional and retail investor sentiment?
"82% of respondents said the global economy is set to weaken, which is a 30-year high." "49% of them said a hard landing is now the most likely outcome for the global economy, up significantly from 6% in February and 11% in March. "The percentage of investors who intend to …
Trump fires two board members from credit union regulator, raising fears about the Fed's independence
"President Trump fired the two Democrats on the three-member board of the National Credit Union Administration, which regulates the nation's credit unions." "These latest firings, on the heels of similar dismissals at other agencies believed to be independent, is sparking concern that the Federal Reserve's independence is under threat — …
Stock Sale Tax Loss Harvest Offset for Rental Sale Gains?
I have some taxable stocks and a rental property I was considering selling to reduce some of my landlord headaches. Would it make sense in any situation to sell stocks and harvest the loss to offset the capital gains from a rental property sale? The rental property is under an …
What is a good physical in hand investment
Truth be told I’m a very skeptical person and I don’t have much faith in the markets especially as of late. I’m curious what sort of investments would be recommended that I can actually hold in my hand. My first thought is gold and/or silver as they are generally used …
How do you stay updated on your portfolio without drowning in financial noise?
Lately I’ve been finding it super hard to keep up with relevant news for my stocks. Most financial news sites feel like endless clickbait, and I don’t want to read 50 articles a day just to find one useful update. I’ve tried setting alerts, but they’re usually too generic, spammy, …
Did you position your portfolio to be recession proof or kept the same allocation?
I have a portfolio in aggressive mode with probably 80% in equity (VOO/QQQ/Direct Indexing). 12% private equity. 8% HYSA. I want to know if some of you with similar allocation changed the overall allocation to be recession proof? for example, allocating 30% bond. Or if you stay invested the same …
Fidelity 401k investment options
My company has switched to Fidelity 401k plan and currently in a blackout period. I forget how vanilla the investment choices are. Im 49 and the target funds are really heavy International and bonds ( 35%/10%) respectively even if i choose a slightly more aggressive target date. What are you …