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Hello Fishes,
Looking for referral Goldman Sachs Microsoft Northern Trust Wells Fargo
1. I have 11 years of experience in Operations & Project Management.
2. Have implemented innovative and digital transformation projects such as ERP and IT Simulator.
3. Carried out process improvement and Cost-Benefit Analysis.
4. Engineer with MBA degree.
5. Certifications are :
Certified Project Manager (PMP)
Certified Scrum Master (CSM)
Lean Six Sigma Green Belt (LSSGB)
Looking for managerial roles.
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Warren Buffet and Jack Bogle recommend a simple S&P index fund. Hard to argue against that
When in doubt, use the target date. 529 accounts need to be rebalanced more often because the life span of the account. T Rowe one of the best active managers in the industry
I’ll spread out the deposits across 12 months
I’m trying to max out the deduction for this year for tax purposes. Going forward, we are doing incremental deposits.
I’ve already dropped the money in and it’s sitting in a money market fund. I am trying to determine what to do with it.
What state? I’m in ny and while also limited options they work just fine given the supposed simplicity of them. Yours might be ok as well. Most well renowned organization like trowe and other target date funds will do the job
You don’t need to use your state’s 529 plan. You can use other states as well. Just need to find the broker who can open that type of account.
The state of Illinois limits special state income tax deductions to their selected plans. So I cannot use any brokerage. I am surprised that other states do not have similar arrangements.
My state offered date funds or a dozen funds where you could set your own custom ratio. I went custom because 1) I like to be 5-10% riskier than the date fund recommendation, and 2) my state has higher fees, so if I move in the next 10 years, the 529 I’d most definitely shifting to Vanguard, where I can get more personalized advice.