| investment advise please about small ira account with Vangu |
|
|
|
|
|
evafla
Member
Cash: $ 2.95
Posts: 12
Joined: 24 May 2012
|
| investment advise please about small ira account with Vangu |
 |
|
Hello all,
I am hopping for contact with the person, who is in similar situation to mine, and has
experience with investing, and doesn't mind to share advice .
I am 70 years old . Never did any investing before.
I have about 80k in traditional Ira with Vanguard.
All money sits in Money Market, what does nothing, and inflation is eating them .
Due to extending the limit age of taking RMD s, I would like to invest the money in some
stocks& mutual funds , ETFs.
I still want to add 14k to this account and start to withdraw when RMD will be mandatory.
I would like to be able to withdraw 2k a month for 4 or 6 years.
I need this time to move to my rental property for 2 years and sell it.
I still will have to pay very high taxes and the association
and my rental income will be gone.
I have only 1000 a month ss, I took it at 62, never looked back.
I traveled the world a lot.
Now Covid stopped it and I am trapped already 1 year in Uruguay waiting for the vaccine
being available. Uruguay is expensive country .
I also want to treat investing now as some sort of training camp.
I will have to do something with the proceeds of sale.
I ask the questions on other forums as well, I got advise to invest in
Vanguard Life Strategy Funds and I am almost there, but I still
would like a second opinion.
What worries me :
1 fee
2 fact that all, VTVX, VSCGX, VSMGX have the same underlying
funds , what about diversification?
3 performers of actively managed funds
The most I would appreciate and like to hear from someone, who is retired, is not necessary a multi
millionaire, and has an account and invests with Vanguard .
thank you very much eva
|
Sat Dec 26, 2020 9:00 pm |
|
|
Dankore
Preferred Member
Cash: $ 34.60
Posts: 168
Joined: 26 Jun 2017
|
I'm looking for a way to get passive income too. I have a little money to invest, but I found some interesting info about OTC:SUIC. It seems to me that this might be a good solution to my situation. I hope this will also be useful information for you.
|
|
Fri Mar 05, 2021 11:42 am |
|
|
bugmenot
Member
Cash: $ 4.37
Posts: 19
Joined: 23 Dec 2004
|
Hello! Many or all of the products featured on the market are worth trying at least once. This may influence which products become popular where and how the product appears on the market. However, this does not influence our goals. Recently I saw this list of investment software development companies . It may help many good businesses. We’ve all heard investment advice from experts before, this may systematize the process.
|
|
Thu Apr 22, 2021 11:32 am |
|
|
|
