Horseman

Dont worry. The next time I see you putting down blue collar workers, the ones you call morons and uneducated, I'll make sure to remind you that they make just about as much as you do. I dont like hypocrites.

This reads like either a post for a dating site or a post looking for pity. Either way, way too pathetic to make fun of.

Let's see, 10K more than a plumber at age 55. Should have those student loans paid off any day now.

So you're currently making within 10K or so what a certified plumber makes then. Got it. Man that highly educated sure paid off for you.

You should go get your CPA. Maybe you can break into the triple digits. https://www.indeed.com/career/certified-public-accountant/salaries/Baltimore--MD

I'd also suggest VOO (0.030%) instead of SPY (0.090%) since it has a lower expense ratio. https://www.portfoliovisualizer.com/fund-performance?s=y&sl=5mIMtrQEa4PnqVAK0JyBso

I said that meaning that you can beat the indexes with regular rebalancing. But my investing in index funds is to match the market they are indexing, that's what they do. I'm not investing in funds that say they can beat the indexes, because I'm not convinced any can with any certainty or regularity. Agree S&P is a good one for growth. I'm moving towards total market (as compared to S&P) to reduce risk nearing retirement.

The spectrum posters should listen2you.

How many times do we have to cover this for the on the spectrum posters? The vast majority of self made millionaires got that way by being smart with money. That habit never changes. Idiots buy a new car that depreciates 20% instantly, and you take out a loan to pay for it. Smart people by the exact same car one year old at a 20% discount with cash. You're welcome.

Gutterboy's version of buying a used car is finding one on Craigslist.

Never heard of getting a car detailed? Man you must be poor.

I think that's true of any index fund. That's what I'm confused about your subpar comment.

Cash for slightly used vehicle is the sweet spot for me. Basically new, less depreciation, never a loan.

@Alias Detective It occurred to me that when you said "subpar"" perhaps you didn't mean between Fidelity and Vanguard, rather a low cost index is subpar to some other actively managed fund. See #2 in the post above. I'd be interested if you can find a fund that regularly beats the "the market" or index.

Subpar? No. FZROX (Fidelity Total Market Index Zero Cost) vs. VTSAX (Vanguard Total Market Index) https://www.portfoliovisualizer.com/fund-performance?s=y&sl=7G5sTyQ6DVZOAf1A49Wri6 FZROX (Fidelity Total Market Index Zero Cost) vs. VTI (Vanguard Total Market Index ETF) https://www.portfoliovisualizer.com/fund-performance?s=y&sl=2sWPv5Ulb809onhLnDo2Vs If you scroll down to the graphs you have to zoom in to even tell there are two graphs plotted because they are directly on top of each other. They are for all intents and purposes the EXACT SAME fund. Index funds are already very low cost. FZROX (0.000%) VTSAX (0.040%) VTI (0.030%) Because there isn't much managing to do. All they do is track an index. A computer can do all the work. Vanguard invented index funds for two reasons. The same two reason why people should use index funds above any other actively managed fund. 1 - Very low expense ratio. 2 - Actively managed funds trying to beat "the market" or a particular index are only successful less than 30% of the time. And the success for a given year usually isn't repeatable.

I start salivating everytime I hear tax cuts for the rich. We need more of that.

The talking head narrative yesterday was "if she can just keep it in the single digits!" Wonder where the goalposts move next.

Harder.

20% Sounds like something a poor would say.

5 minutes ago you called him uneducated. Blow harder.

Money - Trump Success - Trump Wife - Trump by a landslide Successful Children - Trump Uneducated - Let's break this one down. You both have the exact same level of education. Trump owns 5 star resorts around the world. You manage low rent strip malls. Hobbies - lol For the rest of your emotional projection try taking a long look in the mirror. Imagine a grown asss man saying, "Trump is irrational and strikes me as unhappy."

Losing to Trump in her home state might just be political suicide.

We? You're just figuring this out.

From the articles I've read the 4 funds are an attempt to steal customers from Vanguard. And then they will sell them other suites of funds which they've also priced at a cheaper expense ratio than Vanguard. It just so happens they are index funds and 3 out of 4 match what I'm looking for. And being index funds they mirror exactly the equivalent of the Vanguard or any other index fund. https://www.fidelity.com/mutual-funds/investing-ideas/index-funds?imm_pid=700000001009773&immid=100820_SEA&imm_eid=ep35415530246&utm_source=GOOGLE&utm_medium=paid_search&utm_account_id=700000001009773&utm_campaign=MUT&utm_content=58700004265124983&utm_term=fidelity+zero+fund&utm_campaign_id=100820&utm_id=71700000038714008&gad_source=1&acs_info=ZmluYWxfdXJsOiAiaHR0cHM6Ly93d3cuZmlkZWxpdHkuY29tL211dHVhbC1mdW5kcy9pbnZlc3RpbmctaWRlYXMvaW5kZXgtZnVuZHMiCg&gclid=EAIaIQobChMI-NuFtez0gwMV3iKtBh0Hwg0EEAAYASAAEgJ6W_D_BwE&gclsrc=aw.ds Low cost is the one thing you have total control over. Any default 401k is probably at an undesirable expense ratio. None of my retirement money is in any default fund.

"Probably don't need" depends on what you're trying to achieve. I'm reducing risk and owning the global stock market is more diversified and less risk than solely US stocks. That's fact. I've explained several times how you beat "the market" that you have yet to define for yourself. Go ahead and show me where I am wrong.