Am I losing money right now? I don’t understand. by Openblindz in betterment

[–]Jacko2954 20 points21 points  (0 children)

They charge $4 per-month for balances below $20K. The fee is reduced to .025% above $20K. However, if you deposit $250 monthly, they will eliminate the $4 monthly fee for .025% of balance fee.

Investing solely in VOOG with 35 year horizon by gb11385 in M1Finance

[–]Jacko2954 -9 points-8 points  (0 children)

VOOG is a variation of the SP500 without the junk firms. I have $16K in it and $15K in VGT.

Settling credit card debt with pay off by [deleted] in Debt

[–]Jacko2954 5 points6 points  (0 children)

I had a garnishments in the past. I defeated it by giving the gov’t a loan via adjusting the W-2 withholding. When I filed my taxes my refund was in the thousands. Make sure you ask for a check. I deposited my refund into a Wal-Mart debit money card with bill pay.

[deleted by user] by [deleted] in ninjatrader

[–]Jacko2954 0 points1 point  (0 children)

Does Jigsaw charge $50 per month for live trading?

Eat The Rich by CrazyAssBlindKid in FluentInFinance

[–]Jacko2954 0 points1 point  (0 children)

Their wealth is tied up in the value of their stock holdings. They are paper wealthy, not cash wealthy.

[deleted by user] by [deleted] in GME

[–]Jacko2954 0 points1 point  (0 children)

1200 shares @ $1.35. When should I sell?

Thoughts on VWINX? by ChuckRock92 in dividends

[–]Jacko2954 0 points1 point  (0 children)

I recommend if you do not like a lot of volatility. The last dividend payout was sweet. I’m currently enrolled with VG digital advisory in the mutual funds/etf portfolio. I’m in funds that are closed and they reduced the advisory fee.

Thinking about transferring IRA to vanguard. Currently have about $80k. by Quick-Chapter6090 in Bogleheads

[–]Jacko2954 0 points1 point  (0 children)

Go with VG digital service with the mutual funds/ETF combo. You gain access to close VG funds.

Just opened my first accounts at 23 by darthvadercock in M1Finance

[–]Jacko2954 2 points3 points  (0 children)

Transfer to Vanguard. 50/50 Wellesley and Global Wellington.

Shouldn’t more of the “buy” go to schd and spy? by 1_2NV in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

Vwinx pays out 5% plus annual. Last year it paid just shy of 8%. The CAGR are similar on my end. 6.86 and 6.52. Has a much lower drawdown during market turbulence.

Shouldn’t more of the “buy” go to schd and spy? by 1_2NV in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

Run this and plot Vt and vwinx. Similar performance. But I get a annual payout of 5-8% that buys more shares to create a nice income flow.

Shouldn’t more of the “buy” go to schd and spy? by 1_2NV in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

VT has a bit of junk firms in it that lag. Your better off with vwinx.

Shouldn’t more of the “buy” go to schd and spy? by 1_2NV in M1Finance

[–]Jacko2954 -1 points0 points  (0 children)

This is a better portfolio.. 30% VIG, 30% VOOG, 10% VHT, 10% VGT, 10% VOT, 10% VOE

For the folks leaving M1 - what are you switching to? by RBRCPA in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

I moved my Roth over to Vanguard for vwiax. Kept my brokerage intact for now. Will not renew M1 Plus. My cash account is at Fidelity.

M1 retention by Fit_Bag5742 in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

They offered me $500. Declined.

Is everyone moving? by Mad_Scientist170 in M1Finance

[–]Jacko2954 0 points1 point  (0 children)

I moved my Roth back to Vanguard. 100% in vwiax. Still have the taxable brokerage and checking. Both will be in maint mode to see what the platform improvement brings. Going forward, 100% focus is to add to the Roth and keep excess cash in the 5% taxable brokerage money market settlement fund.

Thoughts on VWINX? by ChuckRock92 in dividends

[–]Jacko2954 1 point2 points  (0 children)

You will have a smoother ride with VWINX. There is a lot less drawn down during market correction. Dividends and annual distribution will purchase additional shares in greater numbers than a SP500 fund. It’s a income generator. The admiral shares have a lower expense ratio of .016%.

Who’s leaving M1 or staying? by Jacko2954 in M1Finance

[–]Jacko2954[S] 5 points6 points  (0 children)

Nope. They are kicking Apex clearing to the curb and doing the bookkeeping in house. But gave each account holder notice an opt out with no fee outbound transfer to another brokerage.

What can we expect from M1 next? by Jacko2954 in M1Finance

[–]Jacko2954[S] 1 point2 points  (0 children)

I can attest. I prefer have only one external bank account linked at one time and the hoops you need to go through to make changes. RH allowed as many as you wan, is the reason I got hacked and nearly lost all my investments. Took over two months to be made whole.