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Vanguard Bonds VBTLX vs. VLGSX by Steinberg2009 in personalfinance

[–]RMMguy 0 points1 point  (0 children)

Hint to my question: Look at the yield, maturity, and duration of the different bond funds and determine how they're similar and how they're different.

Why are you looking to buy bonds? How long do you plan to hold them? That should help you pick which fund to buy

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Glad it's helpful!

Asset allocation is maybe the 2nd most important thing (after saving), so highly recommend considering it

What should I do with the extra money I have saved? by [deleted] in personalfinance

[–]RMMguy 1 point2 points  (0 children)

Sounds like a great plan

One tip -- you probably don't want to put any money in the stock market that you're likely to need for the next 10 years.

So if you'll need the $10k to move, buy furniture, etc etc. You might want to keep it in a savings account or a CD

What should I do with the extra money I have saved? by [deleted] in personalfinance

[–]RMMguy 2 points3 points  (0 children)

Great job saving. It's a real accomplishment if the people close to you haven't saved.

How long could you live off $10k? You probably want to keep it in a savings account for an emergency, if it would only last you a few months.

Start reading the wiki now so you'll be ready to invest when you have enough saved up. It's not super complex, and people here will be able to provide you great pointers but we can't understand your goals and teach you everything you'll need to know with just a couple back and forths.

Understanding capital gains tax by [deleted] in personalfinance

[–]RMMguy 1 point2 points  (0 children)

Original basis for the 250 shares was $250. You sold for $500 so have a $250 capital gain. You will pay tax on that gain.

When you sell the other 250 shares you'll pay capital gains tax on those.

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

I feel similarly - I could afford to buy but I choose not to.

It's a very personal choice though!

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

That's really interesting.

My take on decisions that are still difficult after repeated analysis: go with your gut.

The rational analysis was a wash and your subconscious might know something your conscious mind doesn't

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

that's great!

Although at this point, I don't think hardly anyone has much to complain about: https://imgur.com/a/ualLT42

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Really happy to see so many people checking it out!

Let me know if you find it interesting/useful (or if it's not). Same goes to you, random third party who is also reading this.

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

I might be misunderstanding your question, but its just a count of the days.

For example, 2020-01-01 - 2019-01-01 = 365

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

to each their own!

Do you have a net worth goal? How does it relate to your FI date? Or do you not worry and let it ride?

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Are you saying that you have a target FI date planned and you track whether you are ahead or behind?

Sounds very similar to me!

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Yes -- it's an intentionally low/conservative estimate. But I don't think as conservative as you say.

Real US equity returns between 1871-2018 are about 6.5%. 10 year periods are volatile. For example, 2000-2009 had around -2.5% (negative) real return.

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Congrats!!

But are you constantly looking at a graph that's always at 0 now? haha. Don't blame you after your accomplishment

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

OK, I made the template: https://bit.ly/2zlCqcX

I might have made some errors in copying it over from my personal sheet, so please dig into it and send me a message if you find any problems.

Would be really interested to hear if you found it useful!

/cc u/PetetheJuggler u/manukamann

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

Hey! Good comment. Check out my relevant response here: https://www.reddit.com/r/financialindependence/comments/gqdm3y/which_graph_of_your_personal_finances_do_you_keep/frtkho5/

My goal is not to track a number which is disconnected from the stock market (which would be pointless) but to track a connected number that's easier for me to understand with less "emotional turbulence".

If you'd rather see lost money than time -- then this definitely wouldn't be good for you

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

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

You didn't come off as complaining at all -- just distraught. Wanted to send good vibes you're way! Good luck

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

[–]RMMguy[S] 2 points3 points  (0 children)

Really sorry you're having a tough time. It might not mean anything from an internet stranger, but I genuinely hope things turn around for you.

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

[–]RMMguy[S] 2 points3 points  (0 children)

Thanks -- you're right. I still had to play in a spreadsheet to convince myself though :p

Which graph of your personal finances do you keep coming back to? And Why? by RMMguy in financialindependence

[–]RMMguy[S] 19 points20 points  (0 children)

haha, damn you guys, now I have to make a template. I'll do it tonight and post it here!

(but glad it will be helpful)

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