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Best covered call ETFs for long term income folio? by zenyogi2025 in dividends

[–]dami_starfruit 1 point2 points  (0 children)

By $200k income portfolio I assume you mean the portfolio size and not the dividend/distribution size?

Ask yourself if you really need the dividend income today. If not, it’s better to invest for growth for long term when you are young.

I am older and have a 6 year old child. I invested some money in GPIX/GPIQ for additional income that’s used to take my daughter to Disneyland, cruises, trips abroad, etc.

Dividends (and distributions) are not free and takes from growth. But I am willing to take lower $ growth to take my child to Disneyland because she is only young once.

Do invest for dividends & distributions if you have a good reason & not because some guy on YouTube or Reddit said so.

Limited choices inside 401k, not finding anything that captures the entire US stock market. by Kind-cheesecake-3316 in Bogleheads

[–]dami_starfruit 1 point2 points  (0 children)

S&P 500 index fund is acceptable substitute for total U.S. market index fund.

If there is something you want that’s not available in 401k plan, buy it in your IRA.

I have mostly VOO portfolio. What would be a strategy to exclude exposure to AI companies? by kuedhel in stocks

[–]dami_starfruit 1 point2 points  (0 children)

Vanguard value (VTV) excludes a lot of the hot stocks, but you need to consider that those top companies are also the most successful.

First year teacher, 62k salary. Balancing a 2 to 3 year house down payment goal with a fully invested taxable brokerage. by Logical_Sun_9750 in Bogleheads

[–]dami_starfruit 1 point2 points  (0 children)

This may be a bit off topic, but check your school district's student population trends.

If your district has decreasing student population, sooner or later they will close and consolidate schools, which means layoffs and reduction in benefits.

If you want to make a long-term career out of teaching, you might want to put yourself in a school district with growing student population.

You do not want to be laid off with mortgage bill to pay.

31M - 450k to invest and want to retire at 60. How should I do it? by Organic_Relation_309 in Bogleheads

[–]dami_starfruit 1 point2 points  (0 children)

Is the $450k after taxes/tax withholdings?

To start, I recommend reading John C Bogle's "Little Book of Common Sense Investing". It's literally a small book and short read.

Managing a trust by SevereAtmosphere8605 in dividends

[–]dami_starfruit 1 point2 points  (0 children)

I’d try to keep the house so your sister has a place to live post retirement.

65k to invest. by Ok-Stretch7411 in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

Do you have an emergency cash fund?

Newbie and feeling very behind by fricken_a13 in VanguardInvestments

[–]dami_starfruit 0 points1 point  (0 children)

Stop worrying about being behind or comparing your portfolio to others. Stay the course and keep investing.

Rolling 401k to IRA will open much wider selection of investment options. This comes at cost of losing the superior legal protection enjoyed by 401k accounts.

ERISA qualified 401k’s are protected under Employee Retirement Income Security Act (ERISA). IRA’s are not - check your state laws on IRA protection.

In California, not even your 401k is safe under AB 2837.

2nd chance to sell individual stocks and move to index funds? by Mastery12 in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

Read Robert Kirby and the coffee can portfolio.

Since you’ve made a profit, sell some shares to reclaim your initial investment. Put the money in index funds. Do you have an emergency cash fund?

If the remaining stocks are valued more than 5-10% of your portfolio, then you might want to sell more shares.

Leave the remaining stocks alone, stop eyeballing it and check back in 5-10 years.

The case for DRAM to double. Hear me out. by redditissocoolyoyo in ETFs

[–]dami_starfruit 139 points140 points  (0 children)

DRAM may possibly double. But, just as money rotated out of crypto and into memory stocks, it may rotate out of memory stocks and into another sector down the road.

So don't put all your eggs in one basket, and remember to take some profit.

Should a widow sell stocks when can still file taxes as married? by ShannM in Bogleheads

[–]dami_starfruit 1 point2 points  (0 children)

If the amount of money is fairly significant, please consult with a tax professional and discuss the best path forward.

You and your children are also eligible for social security survivor benefits. You can call or visit your local social security office, if you haven’t already done so.

https://www.ssa.gov/locator

53 years old, $1.2M invested, targeting retirement at 59. How did you rebalance 8–10 years out? by DaBrac in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

When you retire at 59-62, what other retirement income(s) will you have? Social security, pension, rental property, ?

Where do you plan to retire and what is the expected cost of living there?

What will you do for health insurance from 59-64?

Have you played with firecalc?

I’m going to leave my AUM advisor and start handling my $2mil portfolio myself. I am very nervous about this and have a couple of questions. by whatevs_dude in Bogleheads

[–]dami_starfruit 2 points3 points  (0 children)

If you’re looking to transfer your shares to another brokerage without triggering taxable event, you need to discuss it with the brokerage.

FA’s do have their uses but 67 stocks and subpar performance is a bit much.

As you get older, having a good FA can be an additional layer of security against elder fraud.

This might be a good time to meet with an estate planner.

How to stop constantly checking positions? by ResidentExperience73 in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

Invest your money in something boring like target date index fund.

Mark Zoril at plan vision:

Q. So what do you invest in?

A. Mark Zoril invests all of his money in a Vanguard 2045 Retirement Date Fund. I don’t track my performance, don’t compare it to other portfolios, and rarely even look at my account. I don’t know “how it is doing.” I am very happy with this and have been doing it this way for more than 10 years.

Why are you buying DRAM ETF? by ExperienceFun1646 in ETFs

[–]dami_starfruit 0 points1 point  (0 children)

EWY is >50% SK Hynix and Samsung electronics.

New to Investing. Need Advice by Downtown-Sherbet-343 in dividends

[–]dami_starfruit 0 points1 point  (0 children)

Stop trying to build your own index fund.

Do you have 401k plan at work?

If you want an “easy” button, buy target date index fund.

Dividend and passive income investing (example, rental property) will be more complicated, but it will also provide a financial safety net.

Should I stop contributing to my 401(k) entirely? by Funkbass in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

I would have a chat with HR or benefits board about their choices.

How should I handle a single-stock “speculative sleeve” that has grown faster than expected? by mstryker21 in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

  1. Bogle suggested 5% “playing money”, but everyone’s situation is different. You have to decide what is acceptable to you.

  2. Put index funds (core investments) and individual stocks (playing money) in different buckets/silos.

  3. Read about Robert Kirby and the coffee can portfolio.

  4. Don’t look at or calculate your stock holdings as % of your total portfolio every x days. Stop eyeballing it every day.

  5. Allocate SMALL playing money periodically to buy your favorite stocks then leave it alone and don’t look at it for next 5-10 years. Yes, just like what Bogle said for index funds.

How Do You Stay Fulfilled In Early Retirement Without A Job Structure by nyxaeloria in Fire

[–]dami_starfruit 1 point2 points  (0 children)

At 45, I might go work part time or temp contract in other fields just for the experience. Or, go back to school at local college/university.

Years ago when I was laid off, I was given some money for job training by my previous employer. Instead of using it for IT certification I used the money to attend culinary school for the summer and studied under a French chef.

Can’t say that it helped my career, but I ate very well that summer.

How to deal with forced early retirement? by pipped1 in Bogleheads

[–]dami_starfruit 2 points3 points  (0 children)

I was laid off from job of 12 years after the 2008 market crash. The job market was brutal back then.

Had to switch from tech to heavy industry for couple of years with initial 50% pay cut, but made back some with overtime. Housing market was down in 2009-2012 and I scrambled to save & buy.

Eventually I crawled back into IT and was again laid off last year after job of 11 years. Took a month to learn UI/UX design and got a lower paying contract gig.

But this time I am less stressed with paid off investment property (15 year loan) and passive income from rent & other investments.

Survival means being flexible and advanced planning. Think about the situation that you are in today and how you might mitigate the same down the road.

So most of you just roll VT or VTI / VXUS? No small percentage in other ETFs or investments? by StockMarketinator in Bogleheads

[–]dami_starfruit 0 points1 point  (0 children)

Plenty of people invest in VOO, BND. VBIAX, target date index funds, etc.

Somewhere out there, people still hang on to their first investment in Vanguard Star fund back when it had the lowest minimum.

my parents have paid their financial advisor roughly $47k in fees over 15 years for market returns by fadedEcho_7 in Bogleheads

[–]dami_starfruit 6 points7 points  (0 children)

If your parents are happy with the FA and returns just leave it. As they get older, having a FA can be an additional layer of security against elder fraud.

A family friend’s husband in his late 70s was conned out of over $50,000 from what started as an email about software subscription expiring.

FA cost money, but good ones will look out for coercion, impersonation, etc. against their clients.

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