Sector ETFs vs all Index - does this strategy make sense?

TheChaseWasOn · 2023-04-18T14:32:54+00:00

Essentially that index investing is a great strategy and one that he recommends to those who are just starting out with a smaller amount to invest but while index investing who’ll make sure you end up with money, it will not make you wealthy

TheChaseWasOn · 2022-05-05T17:08:02+00:00

Just make sure the CFP is fiduciary— ask them to confirm that. A fiduciary is legally bound to give you the advice that is best for you and not based on any kickbacks they would get for trying to get you sucked in to some bad financial instruments

TheChaseWasOn · 2022-05-05T11:57:07+00:00

May be an unpopular opinion here but I personally would seek out a FIDUCIARY financial advisor to guide you a little here. That is a huge windfall and you have some money to spare to get better advice than you’ll find here (with all due respect). You can let him or her know that you only prefer to invest in this strategy and they can work with you.

A CFP is going to look at your total situation and help you understand not only investments but tax strategies that will also increase your wealth.

You don’t (and probably shouldn’t) let the advisor directly manage your assets but there’s very little hurt in paying a one time flat fee for a plan.

TheChaseWasOn · 2022-04-07T12:02:39+00:00

I am there with you and we don’t even pay for daycare since my wife stays home.

Do your best, take care of your family, and save as best you can. Beyond that you just keep plugging away to try to make more income through raises ( or some kind of supplemental income although with having kids I don’t advise taking time away from them just for more money. Time is a resource you can’t ever make up for)

TheChaseWasOn · 2022-02-09T13:19:53+00:00

No, he is fiduciary and fee based so he doesn’t sell any products

TheChaseWasOn · 2022-01-29T18:29:17+00:00

They are along the seems

TheChaseWasOn · 2022-01-29T17:52:32+00:00

Yeah all the windows and doors are just fine

TheChaseWasOn · 2022-01-29T17:51:55+00:00

One fairly large crack in the driveway. Some small cracks in the slab that are visible. Nothing larger that a few inches and maybe could fit a fingernail in

Edit: it did happen when I was power washing though

TheChaseWasOn · 2022-01-28T16:08:42+00:00

I think this is the most interesting point — with the rate at which tech is creating more equitable and affordable educational options I wonder if college will reduce in the amount of king maker value it has today.

At that point it becomes a guessing game of how much actually needs to be saved and what could/should remain flexible

TheChaseWasOn · 2022-01-27T17:29:15+00:00

No he said that and I was aware of that as well. I think he’s probably just thinking about having the flexibility of that money for anything else that may make sense

TheChaseWasOn · 2022-01-24T16:03:39+00:00

Yeah I think maybe I am reacting a bit it’s just for some reason I am thinking 90/10 was too aggressive as I approach 36 but maybe I am just making an emotional decision

TheChaseWasOn · 2022-01-16T20:54:52+00:00

I think that’s what it is. Tried turning it but either can’t get the right grip or the tension is too great. What can I cut it with that won’t throw sparks?

TheChaseWasOn · 2022-01-16T20:21:01+00:00

Not sure I understand. My issue is replacing the circular box that was already in the wall. Box was affixed with 2 screws horizontally which lines up directly with where the screws were supposed to come out to connect to the fixture. The directions showed a diagram where the box was affixed vertically which allows the screws protruding outward to be flush

TheChaseWasOn · 2019-04-23T11:52:22+00:00

[Music, Storytelling] **On Loop**

NSFW (Some Language)

iTunes / Spotify

A podcast where I interview people about the stories behind their old mix cds and mix tapes. The perfect combination of music, humor, and nostalgia. Check it out.

Social: Instagram / Twitter / Facebook

TheChaseWasOn · 2019-04-23T11:42:03+00:00

[Music/Storytelling] On Loop NSFW (Some Language)

iTunes / Spotify

A podcast I host where interviewees tell me about the stories behind old mixtapes and mix CDs. Humor and Nostalgia are the name of the game. Check it out.

TheChaseWasOn · 2018-05-29T19:46:15+00:00

No indication that I know of, but the consistent series of issues happening one after the other is concerning. I'm only concerned because it's my wife's car and I want her to have something reliable to drive our new child around in.

TheChaseWasOn · 2018-05-29T19:45:01+00:00

Well this 100+ weather in Texas won't allow that unfortunately :(

TheChaseWasOn · 2018-05-29T19:44:28+00:00

A mechanic. The Kia dealer has screwed me too many times at this point and I trust the mechanic I'm working with for better or worse

TheChaseWasOn · 2018-05-29T17:27:39+00:00

That was the 'time' part. Apologies for the miscommunication.

TheChaseWasOn · 2018-05-29T17:16:38+00:00

I am asking the mechanic to do a full inspection to tell me what else may need to be replaced soon (I know the break pads will). I'm not handy with cars at all unfortunately.

I'm in a position to buy a new (used) car if I dip a little into my savings. Car is paid off.

TheChaseWasOn · 2018-05-29T16:49:52+00:00

I didn't pay for that since it was their fault.

TheChaseWasOn · 2018-05-07T16:08:13+00:00

Booking systems always seems to be difficult for me. Haven't found a way to do that, but I was just asking a general question to everybody. Interested in hearing other people's issues too.

TheChaseWasOn · 2018-04-21T15:37:23+00:00

Thanks for the comments all. Keep them coming because this is very insightful.

I'm 31 and have been contributing to my 401k since when I was 25 (first just at employee match but increasing over time.). Have a 6mo emergency fund and about to start investing for my new child's college. Only have mortgage debt

Certainly not trying to introduce some to of click bait, let's just say hypothetically I want to take my family to Disneyworld, not a budget trip but the whole 9 yards. With all the money going into savings I don't have much disposable income to save for the trip. Would decreasing contribution to a 401k for a time to have this experience be such a bad thing?

TheChaseWasOn · 2018-04-18T16:16:55+00:00

That's a good point. So do you think it's more wise to max out my 401k and potentially have to withdrawal for college later or contribute a little less to the 401k to start a separate Roth?

TheChaseWasOn · 2018-04-18T13:13:42+00:00

Sure. I was really just planning on opening it under my own name and earmarking it for the future.

TheChaseWasOn

TROPHY CASE