2021 Quarterly check in

[Nutria]

My investments are 50:50 stocks/bonds. The stocks are 70:30 Defensive/S&P, and the bonds are 62:38 junk/gov't funds. It's up 10.4% for the year, and 3.8% of that is contributions.

I'm content.

[LivingAlmostLarge]

Retirement up 19.3%, taxable 17.4% not including contributions. We've saved $81k this year so far. I would like to hit $100k. Who knows.

[disneysteve]

Minor point, but if it's desired, I'm pretty sure that you CAN move an inherited IRA into Ally -- a quick Google brought me to the application to do so (link to PDF).

It wouldn't be entirely covered by FDIC, but as a short term holding account, probably not really a problem. However, keeping it with Vanguard is probably easier for later investing it as intended.

True. Sorry if I wasn’t clear. Yes, I could transfer it to Ally but I just got it transferred to Vanguard as that’s where I want it to be. I’m just not quite ready to invest it.

[kork13]

Our portfolio spreadsheet is a mess right now thanks to the inheritance I'm in the process of getting. I'm not going to have meaningful numbers to compare to last year at this point unless I really sit down and break it all down which I don't plan to do. My focus now is getting all of the new money invested and get our AA back to target. Right now it's heavily in cash, though I moved 380K this morning into an ultra short term bond fund which boosted the interest from 0.01% to 0.38%. Makes a difference with that much money involved (it's in an inherited IRA so I couldn't go with Ally at 0.5%).

Minor point, but if it's desired, I'm pretty sure that you CAN move an inherited IRA into Ally -- a quick Google brought me to the application to do so (link to PDF).

It wouldn't be entirely covered by FDIC, but as a short term holding account, probably not really a problem. However, keeping it with Vanguard is probably easier for later investing it as intended.

[srblanco7]

For the first half of 2021, brokerage and retirement accounts (+contributions) up 15.2% YTD (78.5%/19%/2.5% AA). We hit our target FI number at the end of Q1/2021, and added $350k of (paper) gains in Q2.

[disneysteve]

I was actually just updating our net worth spreadsheet today

Our portfolio spreadsheet is a mess right now thanks to the inheritance I'm in the process of getting. I'm not going to have meaningful numbers to compare to last year at this point unless I really sit down and break it all down which I don't plan to do. My focus now is getting all of the new money invested and get our AA back to target. Right now it's heavily in cash, though I moved 380K this morning into an ultra short term bond fund which boosted the interest from 0.01% to 0.38%. Makes a difference with that much money involved (it's in an inherited IRA so I couldn't go with Ally at 0.5%).

[kork13]

I was actually just updating our net worth spreadsheet today -- I've gotten into the habit of doing the updates every 6 months as a recurring check-in.

Our total investments (taxable brokerage, UTMAs, 529s, and retirement) are up ~40% YOY, with ~$95k gains since 1 Jan, not including ~$48k newly invested in the same period. Total net worth has increased $162k YTD, mostly accounting for the investment gains plus increases to our savings balances (~$12k up).

This semi-annual update also serves as my check-in for our financial goals, and it's definitely looking good!
- Goal #1: $75k in taxable investments by Dec'21, $150k by Dec'22 (current: $58k)
- Goal #2: $1M taxable/retirement/RE investments by Dec 2022 (current: $1.01M -- met early, if the investments hold)
- Goal #3: $500k taxable, $500k rental RE, $1.5M retirement by Jun 2028, my military retirement at age 42 (current: taxable $58k, RE $210k, retirement $750k)
- Goal #4: $3M total net worth by Jun 2028 (current: $1.5M)

The only goal not in good shape is #3, on the taxable investments side... We're mostly using our brokerage to build up the cash for our next rental property, so while we'll get the RE up no problem, we drain the brokerage to make it happen. We'll see how that goes... I'd hate to reduce our retirement contributions even further (already not maxing TSP)... Or perhaps the goal itself is unnecessarily lofty? I dunno, time will tell.

[rennigade]

Half year check in. on 3/31 I was up $41,000. On 6/30 my accounts are up $109,000. Certainly headed in the right direction. We'll see what the rest of the year brings.

[rennigade]

Awesome. How long have you held the Wellesley fund? Any particular reason you picked this fund, instead of putting it all in a whole bond fund to balance the total stock market fund? I know bonds haven't done well recently but just curious to know why you picked this particular fund?
.

Ive had it around 10 years now. I think I picked it due to a mix of stocks/bonds. Its around 40/60. Im not really sure why I didnt just pick a bond fund, but I have been happy with it over the years.

And, I just saw that I could covert it to admiral shares. So now the fund is vwiax. Expense ration went from .23% to .16%, which isnt the greatest for vanguard either way.

[disneysteve]

Come on, Steve. Which stocks, mutual funds and dividend yield funds? Do tell!

The 3 funds that accounted for the bulk of the recent gain were VTIAX, JNRFX, (two growth funds) and VYM (the dividend fund). My 401K was also up 6K for the first half of the month, though part of that was new money. That's all in RLBGX, a 60/40 balanced fund.

We currently own a total of 11 funds. That's a lot, but 6 months ago we owned 16 I think. I've really been working on consolidating our portfolio.

[Scallywag]

Vtsax, vwinx and fidelity's total stock market fund. Sadly, nothing too excited. If or when the marker takes a nose dive, we'll feel it.

Awesome. How long have you held the Wellesley fund? Any particular reason you picked this fund, instead of putting it all in a whole bond fund to balance the total stock market fund? I know bonds haven't done well recently but just curious to know why you picked this particular fund?

Vtsax, vwinx and fidelity's total stock market fund. Sadly, nothing too excited. If or when the marker takes a nose dive, we'll feel it.

Come on, Steve. Which stocks, mutual funds and dividend yield funds? Do tell!

Aside from TSLA and FVRR, all of our investments are in the 2 fund portfolio (no bonds). While TSLA bumped up our networth last year it has come down since January of 2021.

[disneysteve]

What are you both invested in?! Do tell!

We have a well-diversified portfolio that's about 66% stock, 24% bond, and 10% cash.

I just compared the 4/3 sheet to the 4/16 sheet to see where most of that gain came from. About 26K of the 45K came in 2 growth mutual funds and 1 high dividend yield fund. The rest of the gain was spread among numerous other holdings and a little bit came from new contributions.

[rennigade]

What are you both invested in?! Do tell!

I'm actually down, after TSLA got slapped down quite a bit in late January.

Vtsax, vwinx and fidelity's total stock market fund. Sadly, nothing too excited. If or when the marker takes a nose dive, we'll feel it.

[Scallywag]

Whoa...just checked again. on 4/1, I was up $41k for the year. 17 days later, up $80k...so a $39k increase in 17 days.

Wife and I just added up our totals, we're at $1,498,328. We'll see what the rest of the year brings.

Has anyone checked their numbers in the past day or two? I don't usually update that often but I've been doing some work on our portfolio and tweaking my spreadsheet so I've got up to date figures.

Wow! On 4/3, I reported that YTD we were up about $96,000. Today, just 13 days later, we're now up $141,000 for the year. That's insane. $45,000 gained in 13 days. It really makes you wonder how much higher it can go before things start turning the other way. I'm not a market timer by any means but it's hard not to get a little nervous when things are shooting up so rapidly.

What are you both invested in?! Do tell!

I'm actually down, after TSLA got slapped down quite a bit in late January.

[disneysteve]

I believe i am down a lot!

Really? In what investments?