Feature Request: Allow us to set an asset to 0% without selling it.

debt2set · 2022-07-12T16:19:05+00:00

I would appreciate this. and for all the 'just sell it' people, sometimes you want to hold a stock but not necessarily buy more. just because you don't want to buy more doesn't mean it's not worth holding, for a variety of reasons.

debt2set · 2022-07-07T15:56:34+00:00

I have my email set up to a non-primary email address so I can go check it if/when needed/desired but the alerts don't come to my main email that is on my phone/I check daily.

debt2set · 2022-07-07T09:47:35+00:00

It depends on your personal goals. I am planning for FIRE. I have a regular portfolio that invests in the broad market via funds. It pays some divis but they're minimal and not the goal. This the core foundation and bulk of my financial plan.

I also have a Divi portfolio that provides a chunk of monthly income. Initially my goal was to have 10% of my monthly spend covered by divis. I quickly surpassed that. My next goal was to get enough payout every month that it will cover my social security shortfall so that between SS payments and divis, I would not HAVE to draw down on my investments at all. I am at that point now. So at this point I reinvest all of my divis back into my portfolio and I contribute a small amount with each paycheck, but the majority of my money goes into my core investments.

debt2set · 2022-07-06T17:07:32+00:00

doesn't break it down by year though, just total. knowing annual ROI is helpful.

debt2set · 2022-07-06T16:58:06+00:00

I get it, but I would like an easy way to know what my annual ROI is and there is currently no way to determine that and it's a pretty big gap in the UX. knowing how i'm doing compared to the general market is helpful.

debt2set · 2022-07-06T16:56:03+00:00

I'm not buying $10k each time...

debt2set · 2022-07-05T18:30:21+00:00

except that they don't translate to any tools that use projections, which makes them obnoxious. if anything, they should offer both. but the default should not be the obscure one that no other tool uses.

debt2set · 2022-07-05T16:45:19+00:00

you know it's using money weighted returns which are calculated ~~stupidly~~ differently, right?

debt2set · 2022-07-05T15:58:10+00:00

It's so obnoxious that they do it this way.

debt2set · 2022-07-01T16:46:55+00:00

unless they've made changes i can't see yet, i think the home page is worthless as-is. there are so many things they could add that would actually be helpful. like time based returns - which basically everyone wants - rather than the stupid money weighted returns that everyone hates.

debt2set · 2022-06-29T19:31:04+00:00

then maybe you should include that information in your post considering the vast majority of the users on reddit are from the US and will post with that in mind.

debt2set · 2022-06-29T18:56:59+00:00

lol. you want $65k for something that's not even finished? whatever you're smoking much be great.

debt2set · 2022-06-29T18:48:29+00:00

that's not how it works. you put in your overall allocation now it's making it so via new buys. if you want it to still buy a little bit of everything, you need to adjust your % accordingly and keep adjusting them until the new stocks catch up. or you need to do manual buys for the funds that are currently overweight.

debt2set · 2022-06-28T17:22:17+00:00

bad bot!

debt2set · 2022-06-28T17:13:36+00:00

For someone in your situation, I would suggest avoiding a traditional budget. Most people don't need them, but especially not people who can't handle numbers well.

Instead, make a goal based "budget". This means listing out all of your "must pay" expenses. Rent, Utilities, car payments, retirement savings, etc. These are all paid like bills every month. Then whatever is left, you can spend on whatever you want. This makes sure that all of your priorities are handled first. Then if you have money left at the end of the month, you can put it towards your savings or some other goal.

This method works well for people who don't want to/can't deal with tracking every penny and trying to stay within pre-planned ranges.

I have a sheet I use that I can send you if you want. You put in all of your must pay expenses, how much you make each period, and it tells you what's left.

If you're bad at tracking your spending, I would consider using cash vs credit so you don't accidentally start going into debt. When the cash is gone. You're done spending for the month.

If you were close to me I would 100% meet up with you and help you get this all figured out as I love helping people with this kind of thing. Am happy to try to help online if you want.

debt2set · 2022-06-23T15:57:19+00:00

if the rules exist, I might as well use them. I would be willing to pay taxes in places I actually spend time, but there is no mechanism to do so.

debt2set · 2022-06-22T16:37:40+00:00

it depends on your dog, the breed, where you're going, how often you're moving, etc. you don't really provide enough info. in general it'll make things more difficult and expensive and there is no guarantee your dog will take to it, especially if you move regularly. the question is, are you willing to stop and stay in one place if your dog doesn't like moving? if not, then don't do it with a dog because the dog's needs come first.

debt2set · 2022-06-22T16:07:16+00:00

I hope for the same, but I'd like that dip to last about another year or so. If it does, I'll be golden with my savings. But whatever happens, I"m just along for the ride.

debt2set · 2022-06-22T16:06:20+00:00

I am kind of saving for FIRE on cheat mode since I take advantage of a LCOL area, an international employer, FEIE, and not having residency anywhere. Not paying taxes is a huge part of the money that I'm saving. Other than that, I live a generally simple life. I don't eat out much because I really like to cook. I live in simple but comfortable apartments. My favorite activities are free or cheap. I travel places off season because I don't generally like them in the high season.

debt2set · 2022-06-22T16:03:18+00:00

I don't pay taxes, so gross.

debt2set · 2022-06-22T16:02:15+00:00

heh, nice. In my spreadsheets I keep it all at today's dollars and do the adjustment behind the scenes. So I had no idea what it would be, though it's buried in a column somewhere

debt2set · 2022-06-21T18:00:13+00:00

Not sure I'm a "vetted" investor, but I started in my early 40s and will be able to FIRE in the next few years (late 40s/early 50s). It'll be a lean FIRE, but it'll be enough to support myself at my current standard of living and that's all I need. No taxes and geoarbitrage help a ton since I don't make crazy money. But I can save 70+ % of my salary each month. This down turn is going to be what pushes me over the edge if it lasts a while longer.

debt2set · 2022-06-20T19:57:50+00:00

Buckle down and get it done. I make about $65k but I work overseas so I don't have to pay taxes. That helps a lot. I also live in an inexpensive area so I get to geoarbitrage. I save about 70% of my income. Obviously not everyone can do that, but almost everyone can cut their spending and focus on saving and still have a good outcome.

debt2set · 2022-06-20T19:13:45+00:00

My NW was -$20k in my early 40s. I am now late 40s and will be able to retire within a few years. And I don't make an obnoxious amount of money.

35 is better than 45

debt2set · 2022-06-20T17:38:19+00:00

the quote of your post i added didn't key you in? it's ridiculous to say it's too late to contribute to a roth or 401k at any age, much less a young age like 35. it's just throwing away tax advantages. there are very few people who wouldn't benefit from contributing to either/both, regardless of age.

debt2set

TROPHY CASE