Money & Economics

[bigredfish]

I am planning something similar adding SPMO & QQQM for some extra growth, below shows what $10K invested will do 5.88 years: 2020-10-13 - 2026-08-31. I already have just over 600 shares of SCHD. Instead of SPY (ER 0.0945%) you should try VOO (ER 0.03%) or SPYM (ER 0.02%) it is cheaper.

SPYM 25%

SPMO 15%

QQQM 10%

SCHD 50%

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Your allocation makes a bit more sense, better diversified

But, my JPM brokerage account is really for my extra growth. Hate JPM but love my broker. Most of the rest is in 1-2 yr CDs, a little in iBonds and a couple of 5yr annuities with fixed 5.25

Honestly I’ll probably just do 50%SCHD and 50% in the MM with the bulk of the IRA $ even after I convert it to the Roth. We’re comfortable and all about capital preservation at this point.

I only trade in the Roth with 5% of my total, it’s a hobby not unlike golf. I love it but I’m not very good at it.
Since getting back in in May goal is 10% this year.
Frikin #GLD caught me off guard last week. Dumb I know, but it had a nice run.

 

[MikeLud1]

I only trade in the Roth with 5% of my total, it’s a hobby not unlike golf. I love it but not very good at it.

I made a Trading Bot that trades 7:00am to 8:00pm, right now I am still only paper trading with it, hopefully I can get it to make some profit.