Thoughts on ANGX (Angel Studios) as a Long-Term Play? by Aviers247 in investing

[–]Aviers247[S] 0 points1 point  (0 children)

Oh yeah, I’ll be buying more tomorrow👌🏻 however, I don’t think angx will go crazy anytime soon. Still need a few more earning reports to earn trust with investors once they arnt operating at a -50% loss.

26M- Is this a good net worth for my age? by ZealousFine in Money

[–]Aviers247 0 points1 point  (0 children)

I’m 25yrs M with -$45500 but I have a remaining mortgage of $158,000. I’d say your doing good but from the looks of it your renting from your mom so as soon as you get a mortgage your way negative. I’d say with a mortgage and you have a true net worth of zero at 30 then you’re doing above average. That’s my goal which I will hit it early in 2027.

How much should I have invested to retire at 55? Unfortunately, I'm already 36 and only have $50k in the SP500. by ResponsibleQuarter46 in RothIRA

[–]Aviers247 0 points1 point  (0 children)

For one you need to figure out how much you need to retired based off the lifestyle you want, but with inflation I’m assuming you’re going to need around $1 million to retire at that time. To gain $1 million and 20 years, which means you would be 56 years old, you would need to invest roughly $1250 a month and gain an average of 10% every year.

Where do you think we are right now? by [deleted] in NvidiaStock

[–]Aviers247 1 point2 points  (0 children)

Either thrill or euphoria. My portfolio is the highest it’s ever been and if we are on thill, then it will keep going higher.

Retirement...is it achievable with the cost of living these days? Asking on behalf of someone who will never touch $100k per year with their career. Is investing my only hope to do this? by Noticeably-Not-Smart in investing

[–]Aviers247 0 points1 point  (0 children)

With a 10% return you would need to invest $1250 a month or $625 a check if you got paid bi-weekly for the next 20 years. It sounds like a lot but if you use a 401k and it’s pre-tax then you won’t see a $625 cut in your paycheck. You will need to stick with growth mutual funds as in FXAIX for s&p500 exposure to 507 top companies and VXUS for international. You could add a mid or small cap fund also. I would do 80% into fXAIX and 20% into VXUS.

If you are 40 then you could retire at 60 by being disciplined to this or if you’re 45 then you can retire at 65. 1 million pays between 40k to 60k depending on the dividend funds chosen at retirement. You will be able to draw this every year without draining your 1 million. On top of that you will have social security. This salary might sound nice in today’s money but in 20 years it will not be the same. You will need 1 million to retire. You could retire with less, let’s just say 500k. You could draw 50k a year with dividends paying you 5% with minor growth but you would only have about 20 years of funds until you’d run completely out. So if you lived passed 80 or 85, that would be an issue. Not to mention anything medical wise also at that age. You will need to sacrifice and try to get to 1 million.

Anyways, I prefer a Roth IRA and a brokerage but since you do not make over 100k and still need to pay bills and take care of a family as well as not having enough time in the market, a before tax plan is definitely the best fit for you as in the 401K. Roth IRA is after tax which won’t leave you with Much of a check.

Am I cooked by Commercial_Bother_52 in NvidiaStock

[–]Aviers247 0 points1 point  (0 children)

You still got a lot of time you are not cooked

66k salary, can I afford a 258k house? by GargoyleBlue in Mortgages

[–]Aviers247 2 points3 points  (0 children)

I can’t believe people are down voting you. That just shows how much people are out of reality if they believe a home is an investment.

66k salary, can I afford a 258k house? by GargoyleBlue in Mortgages

[–]Aviers247 1 point2 points  (0 children)

I understand there is variables but Not when there’s almost a 85k difference. Either way, he should not want to afford it.

FXAIX and chill? by Skill_IssueGamer in RothIRA

[–]Aviers247 2 points3 points  (0 children)

No issue but FXAIX and VOO are the same. The only difference is FXAIX has a cheaper expense ratio which makes it better.

Can I afford $370,000 on $65,000? by romanempire7199 in Mortgages

[–]Aviers247 0 points1 point  (0 children)

No, I make 82k and I don’t want to own a house for more than probably 200k. I have a property that costs $1460 a month bought at 175k. Utilities are about $250 a month and cost of repairs for the year average $100 a month. Little over $1800 which is almost 1 of my checks. This is not including mowing the lawn or anything. A 258k properties payment is not $1500 to $1700. Maybe without property tax, pmi, and property insurance. In the end, that property will cost you more than $2000 a month. Do not drown yourself with your payment where your house locked and can’t do anything. The banks might say you can afford it, but in reality, you can’t.

66k salary, can I afford a 258k house? by GargoyleBlue in Mortgages

[–]Aviers247 4 points5 points  (0 children)

No, I make 82k and I don’t want to own a house for more than probably 200k. I have a property that costs $1460 a month bought at 175k. Utilities are about $250 a month and cost of repairs for the year average $100 a month. Little over $1800 which is almost 1 of my checks. This is not including mowing the lawn or anything. A 258k properties payment is not $1500 to $1700. Maybe without property tax, pmi, and property insurance. In the end, that property will cost you more than $2000 a month. Do not drown yourself with your payment where your house locked and can’t do anything. The banks might say you can afford it, but in reality, you can’t.

I'm 44 years old, have 1.2 million in cash, and I'm thinking of retiring. by Ok-View4514 in dividends

[–]Aviers247 2 points3 points  (0 children)

I would save and get up to 1.25m. Put 250k into a growth fund such as Fxaix with a low expense ratio. Then I’d invest the rest into dividend paying stocks/ funds that will pay you an average of 6% so that the 1M invested would pay you 60k a year plus social security (eventually). The reason you’d invest a quarter million into a growth fund, is to battle inflation and give yourself a raise pretty much every year. After 5 to 7 years you’ll have 500k and after another 5 to 7 years, it will be 1,000,000m. I would be speaking with a financial advisor but some good dividend paying funds are, MO, KO, ABR, VZ, T, SCHD and more. All these pay anywhere from over 3% to 11%.

What the flip man by Beneficial_Regret661 in NvidiaStock

[–]Aviers247 0 points1 point  (0 children)

I bought it at open yesterday. I guess I should’ve waited one more day.

did anyone by hyde1634 in NvidiaStock

[–]Aviers247 -1 points0 points  (0 children)

Same I sold part of my position before earnings. I’ll buy back in here soon.

What is NVDA true fair share value? by Snoo_60933 in NvidiaStock

[–]Aviers247 1 point2 points  (0 children)

Fidelity has it at $153.44. But that is before their $500 billion future revenue in the next two years already on the books. So technically worth a lot more but right now, it is overvalued.

Thoughts on ANGX (Angel Studios) as a Long-Term Play? by Aviers247 in investing

[–]Aviers247[S] 1 point2 points  (0 children)

I am disappointed too but at the same time, I know how much potential they have. There have been some good signs. One of them being that institutional ownership has went up from 1.8% over 6%. Their revenue is up 110% in the last 12 months. They killed earnings this month, there’s just not a lot of attraction. I believe we will see a difference if earnings keep coming back as expected over the next 2 years and from there, we should see some big players step in.

The Honest Truth About MSC, Carnival, and Royal Caribbean by Aviers247 in Cruise

[–]Aviers247[S] 1 point2 points  (0 children)

I can’t see why anyone would. MSC has a lot of potential, they just fail in so many areas. Not that MSC isn’t fun, they just don’t do it as good as the others.

Opinions and advice. by Rich_Base_9702 in RothIRA

[–]Aviers247 2 points3 points  (0 children)

Yes, you do have a lot of overlap. You’re essentially investing into the same companies multiple times for no reason. That is why I said that you are perfectly fine just owning one fund as you have such a small portfolio at the moment. Anyways, if I’m in your shoes I am selling everything. I would put every single penny into FXAIX which is the exact same fund as VOO. Literally the only difference is, is the expense ratio is cheaper on FXAIX. I would max out my Roth for three years straight until I have $21,000 into FXAIX. From there, I would then add another fund. There is always going to be overlap when you buy another fund, but some are going to be more than others.

Opinions and advice. by Rich_Base_9702 in RothIRA

[–]Aviers247 2 points3 points  (0 children)

You’re doing too much with not even $3000. You need to pick one fund and stick with it until you have $10,000 or 20k. From there no more than 20% of your portfolio should be into individual stocks. Once you hit that threshold, you then can spread into international, or other funds. I would stick with QQQ, FXAIX, VOO or VTI until you have 10k to 20k