As cases are going up and market going down. What do you guys think of 401k distribution?

Post Photo
like
Posting as :
works at
You are currently posting as works at

My 401k is 100% Hertz right now

likefunnysmartuplifting

Bold move cotton let's see if it pays off for him

like

In general, it’s best to have highest expected return in tax advantages accounts. So even if you’re going to do a 50-50 split of stocks and bonds, stocks should be in a (Roth) 401k or IRA to maximize tax savings.

That being said, that’s a very very conservative portfolio for a 27yo. I’m the same age and closer to 90-10 equities vs. bonds.

like

I’m leaving mine as 100% equities

like

If you believe eventually the market/economy will recover, staying the course is the better option unless you can almost perfectly predict the bottom, which most can’t do. Also assuming you have a decade plus until retirement of course

How old are you? Also, I generally wouldn't try to time the market. If my existing allocation of bonds becomes over weight, I would just rebalance so it buy more stocks at cheaper prices

like

Waaaay too high for 27. It’s a long game.

99%

Post Photo
likesmart

Ben graham reccomends 25% bonds min to average investors. If you start at 2000 equity and bonds have performed comparably for total returns.

75 us stock
25 bond
When stocks fall, which they will. I buy more stock

Get out of short term

like

Agree that short term isn’t helping.

That seems really conservative to me for a 27yo. I would aim for 30% bonds at a maximum with the rest in equities.

Remember, whatever ups and downs are happening in the market now don’t really matter on a daily basis. Your 401k is for 40 years from now. There will be so many more market fluctuations between now and then. Just invest for the long term horizon and don’t worry about the daily news.

like

Over the past 20 years stocks and bonds have returns similar returns you realize this right? Starting at 2000

At 27, I would recommend 85% to 90% stock allocation and the remainder total bond fund.

20 to 25 % allocation to int'l stocks within your stock allocation

Related Posts

Is this a good deal or not. $93,600/year” “BENEFITS “ medical, dental, vision(30%60%90% after CYD) 80hrs vacation time after 1year of employment, it cannot be carried over year to year, nor will it be paid for it upon termination same for sick time which will be granted after 90 days of employment. Max 240 hours. Paid for the 6 holidays but if happen to work holidays will get paid 8 hrs for another day off during the same pay period. No 401k

like

what you say about Capgemini Salesforce practice? salary, benefits? culture?

like

Okay finance gurus, I have an idea and interested in your thoughts. Might be a bad one so be gentle 🙂. I have a 2 yr old and another on the way. Need to start planning for college. I was thinking of buying a condo or 2 in lieu of saving and selling them down the line for tuition. Condos downtown are pretty inexpensive (T3) so it’s financially feasible. But is this a good idea or too risky?

like

I have dal 19 put 3/27. Loosing money there, should I wait out another day or two or cut my losses now?

like

Experts - I understand tha LEAPS help with liquidity amd magnify the returns but I am unclear what are the tax implications (Fed LTCG and state tax) when you are ITM and exercise LEAPS. Can someone shed some light on tax implications of the LEAPS? Thanks.

like

Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

like

AWS Engagement Managers (or even Senior EM) pay/benefits in Canada if possible (if not, US is fine with COL mention) ? Can anyone compare to Big4 ?

like

Anyone have any legitimate passive income? I’m talking about something that takes sizeable upfront time investment to get going, but takes <5 hrs a week to maintain.

like

Hi all - I’m new to freelance in 2020, have an LLC and wanting to create my own banking and investment accounts separate from other family income. What is the best money management platform used by those in our industry. I see Betterment is an option. Thoughts?

like

What's next after healthcare for you all?

like

Anyone have personal experience with Dimensional Funds? Looking for a financial advisor and it's interesting you can only buy their funds with a few select advisors.

How long did it take after getting your license to actually start making money?

like

Hello all, I am a healthcare professional, working in learning and development team, in a firm working for US healthcare Providers. I would like to get into Compliance roles. Is there any course/certifications that i can do, so i can work in healthcare compliance.
Your experience and advise will surely help me at this moment. 😊

like

I have to support my family financially. Usually my mom cooks for the family so groceries only cost $1200/month. However, my mom is abroad for 2 months so it’s just my siblings and they can’t cook so they’ve been using my card for doordash. I think there are days when they spend $100+/day. It’s frustrating because my mom already told them the daily budget repeatedly. I’ll go bankrupt at that rate. However, it’s not like I can take my card back since I don’t want them to starve…

likesmart
like

About to start a new job at a start up where I got 20,000 options at ~2.50 strike price, company valuation of a ~$1B. My back of envelope math had future value at around $150-200K after 4 years assuming 4-5X growth. Anyone have any good start up option stories to fuel my optimism?

like

Hi guys 👋🏻
This is regarding the interest amount of our EPF.

For you guys,is the interest details showing any amount in the EPFO member passbook? Or is it showing '0' like me(As seen in the photo below)?

Is the government yet to credit the interest amounts of our PF balances? Or is something wrong with my PF account only?

Any inputs will be really appreciated 🙂

Post Photo
like

Hello London 🐠

If you’re working in Life Sciences / Healthcare and know if you’re firm is hiring and open to visa sponsorship please do let me know. I’d really appreciate any referral / leads. Thanks so much!!

like

What happens if you sell a covered call far ITM for a large premium? Is the only loss your shares and opportunity cost once the option is exercised by the call holder?

like

How much do you keep in the bank vs brokerage?

like

More Posts

Anyone file for divorce without a lawyer if both parties are consenting? How does it work when you don’t have any joint assets (separate bank accounts, no house) and no kids? Married <5 years

like

Hanging out in his pride tunnel

Post Photo
likeuplifting

Is booking 40hrs a week freelancing for one company a good idea? Or does that seem like you don’t have anything else going on? I would like a good work life balance with the ability to take off weeks at a time in the middle of all this.

like

Just joined a firm where they had appeared to be expanding their corporate group and kept seniors fairly happy. I come on my first day and find out those seniors have left for v10 firms, leaving me much closer to the fire than I expected. I can’t seem to shake this really uneasy feeling that I’m about to be demolished.. Should I trek along as normal or keep my ear to the ground for another move...

like

Which is more painful: watching litigators draft contracts or transactional attorneys litigate?

likefunny

Anyone know what Greenberg Traurig is starting at for entry level positions outside NYC? Can’t seem to find a source

like

Big mood. 😴

Post Photo
likefunnyuplifting

Shower thought:
Why did Toronto (or Canada?) change the exit signs from the classic red EXIT sign to the green running man? Wouldn’t it confuse more people especially elders in finding the exit?

Also isn’t it a waste of money for businesses to replace perfectly functional exit signs when renovating?

like
like

How do you change work location at EY? Is there a portal or any contact?

like

What makes a great investment teaser vs an average one?

like

Applied to a technology associate advisory role at Rothschild. I have about 6 years of tech strategy and technology/operational due diligence experience for PE clients as a consultant. How fast am I going to get rejected for this role or do I have any chance? 😂

like

How is the company culture like at Gartner?

like

Is infosys onboarding laterals virtually or physical onboarding.?

like

Can anybody please tell me What is the hierarchy level in eli lilly. Recently Received an offer for Associate consultant position

like

I see an open position at Google and want to apply. I have the relevant experience mentioned in the Job Description. Can anyone refer me?

like

Hi Fishes, I am trying for Wells Fargo but not getting calls through direct application. Would anyone be able to refer me through internal portal. I have 16yrs experience and looking for Sr scrum master roles. Will share profile if you can help. Thx

How is Sirionlabs to work for as a Customer Success Manager?

like

Additional Posts in Personal Investment Chatter

I finally created and set up contributions to a 401k account 🙏 whew! Now just need to watch it rain

like

I work in sf and Nyc and have now saved enough where I’m wondering if it makes sense to buy rather than rent an apartment as an investment. Tricky part is I’m still quite young and this wouldn’t be my lifelong/family home. Have also considered buying in less metropolitan areas and renting them out for passive income. Curious if anyone’s gone through this process before and have thoughts ?

like

Looking for an investment advisor who is 1) a fiduciary 2) has a CFA/CFP/CPA or some combination thereof. No exceptions. DC/Baltimore area.
TIA.

like

Advice appreciated: I want to sublease my apartment so that I can rent elsewhere and pay less. I had to move in a short amount of time and it was during the period where there was a high demand for housing, & leases everywhere were expensive so I signed what I thought was fairly cheap in comparison to what was out there. However I found something this month that will cut costs by 30%. How do I go about finding someone to sublease my place?

like

I bought my starter home recently. Want to dump everything else i saved into vti (will be about 70k). Would buy a forever home in say 5-6 years. 5 year time horizon is pretty safe right?

like

Advice & resources? My spouse and I are starting to make good money (ages 28 & 31, $105k & $70k) with $10k in savings (we were hit hard financially this year) and 2 car payments.

We live in a cheap apartment ($1.3k) that is sh*tty. Don’t quite have a down payment (especially not in ATX). Is it dumb to rent a house for a year at $3k/month while we save up again?

We both didn’t come from $ and are figuring out how to not be idiots 🙃 tbh we would prefer to rent forever but that feels dumb???

What stocks are you betting on for 2018?

like

Saved up a solid emergency fund and put aside $10k to invest. Where to start?

like

Hello fishes. Need some insurance advice.
My parents are dependent on me. My 62 yo dad and 57yo mom do some part time work and makes $1000/mon. Dad has some health complications like diabetes, high bp, genetic heart issues, liver problems etc. Does it make sense to get a life insurance for him - 20 yr term, $1M coverage. Premium is around $500. I am thinking I can pay the premium but if something happens to dad, it will help my mom pay be self-sufficient

like

Other than Fidelity, what's the best brokerage account out there? Looking for something visual that allows fractional shares and portfolio insights.

like

How often are you concerned about losing your job? Ever since I got a mortgage a few months ago, this fear has been plaguing me. The volatile market doesn’t help either.

like

If 80% of my portfolio is in S&P 500 index funds, I'm assuming holding is a good call? I've held everything thus far. Just wanted some confirmation that I've got a good strategy.

like

Starting to think it’s all a scam. Everyone knew tomorrow would be a bad day for the market... and bam... Gilead announces. = rally tomorrow!!! Ride the waves, my friends 🤣 THOUGHTS???

like

Trump just opened the economy, v shape recovery? Bottom is behind us?

like

I have a question on 401k loans. How is the principal repayment reinvested? Monthly? When the loan is fully paid? Do they cash out that portion of my investments or just use then as collateral?

like

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

likeuplifting

If you were to buy only one, ARKW or ARKK and why?

likefunny

2017 Lexus IS 200t F Sport for 32k plus taxes...? (33k miles) Yay or Nay?

like

My partner and I are in the process of buying a PHEV that qualifies for the full non-refundable federal tax credit. We will both owe taxes in excess of the current $7,500 cap (will see if that increases with the new budget bill). If we both own the car (i.e. both names on the title), how do we manage filing for the tax credit when filing separately? Do we just pick one of us to file? Is there guidance on splitting the credit across owners? Does it matter what order our names are on the title?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal