Hey y’all! I have been thinking that this community could use a weekly discussion thread. Feel free to comment below with anything and everything money related that is better suited to a conversation or a quick question and answer than a full post. Some ideas include:

  • Journaling about an ongoing job search
  • Asking for ideas about how to manage an emergency fund
  • Logging recent stock trades
  • Talking about the impact of inflation on your budget
  • Your plans for maximizing the rewards on a credit card

Again, those are just suggestions, if there’s really anything you’d like to talk about related to finance in your life, feel free to put it here.

  • JackbyDevEnglish
    1·
    1 年前

    I’m a firm believer in the Boglehead philosophy of simple index funds being the best. My 401k does not offer a total US market index so I have 80% S&P 500, 10% Russell Midcap, and 10% Russell 2000 (small cap). That’s as close to total market as I can get in my 401k with a single digit of precision.

    My goal is for all of my retirement funds to match VT which is a total world index fund. It is about 60% US and 40% non US. I have more money that I can fit in a 401k so I hold the international stock in my personal account. For the VXUS fund (total non-US index) there is a foreign tax credit apparently so better for that to be in a taxable account to get the benefit I think. I have a lot of VOO (S&P 500) I’m in the process of switching for VXUS and VTI but I don’t want to realize too much capital loss. (I put money from selling my house into VOO because it was good enough and I hadn’t thought too hard about it at the time.) You can deduct $3k per year from your income on your federal taxes but I don’t know how annoying it is to keep track year by year (you can carry losses forward). So I’m currently tilted towards large cap US companies more than I’d like to be.

    I currently don’t have any bonds other than some Series I bonds I got last year when the rates were great. I feel like I should probably start getting some though but I’m not sure how much. Maybe age minus 30 percent or something? Idk. I’m 31 and am pretty optimistic. AGG and IAGG seem good, they were slightly more tax efficient than BND and BNDX according to some Reddit post I found last time I looked into it, but regardless they should be in a tax deferred account.

    If VT had that foreign tax credit I’d buy it directly. It matches my goals perfectly, but it’s better to buy VTI and VXUS separately.