Stock Thread (8 Viewers)

[Polish Hammer]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

 

[McBokonon]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

Try posting here, too - in that thread, you'll get more well-rounded advice outside of just stocks, which is what you're after. In this thread, you might just get told to YOLO in MSTR options and hang the **** on.

 

[Polish Hammer]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

Try posting here, too - in that thread, you'll get more well-rounded advice outside of just stocks, which is what you're after. In this thread, you might just get told to YOLO in MSTR options and hang the **** on.

Fair point - I didn't know that other one was there. I've enjoyed popping in here from time to time and mostly just follow Todem's advice. It was fun gambling on things like RIDE and CYDY, but since I never knew when to sell they are just sitting in my account waiting to offset a positive sell. Of course anything "boring" I bought a dip on (and/or following Todem) has largely been a positive and slow ride up. Not as fun in the moment, but easier to look at over time. Maybe I take some leftover cash in my "fun" account and put them into DOW and LBY and forget about them for a while...

 

[Sand]

Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

As long as this is long term money, sure. Nothing wrong with that.

 

[Capella]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

 

[Sand]

Stock market will be closed Jan. 9th - day of mourning for President Jimmy Carter.

 

[Todem]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

My taxable accounts are up 45% and 35% respectively. IRA is up 47% and my 401K is up 31%

No complaints. A blessed 2024.

Here is to good health and prosperity for 2025.

 

[Ridgeback]

Sorry, guys. I hopped on the LYB train. You were warned...

 

[pecorino]

An early-2025 roll of the dice: QQQ $525 calls with 1/17 expiry trading at $3. I’ll take a slice of that action, thinking that this late December sell-off may yield an early January buying spree. Can QQQ bump 3% in a couple weeks? It was just there a little while ago.

 

[fruity pebbles]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

 

[Sand]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

And yet still up 350% for the year. It's a bit of a superball - all over the place.

 

[Sand]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

My taxable accounts are up 45% and 35% respectively. IRA is up 47% and my 401K is up 31%

No complaints. A blessed 2024.

Here is to good health and prosperity for 2025.

21% up over all accounts this year. Add another couple percent of contributions. 23% total increase during the year is pretty incredible.

 

[steelerfan1]

21% and 27% in our accounts. And I still have no clue what I’m doing. I’d gladly take half of that this year!

 

[pecorino]

What happened? All of a sudden the SPY is a fragile baby.

 

[kevzilla]

What happened? All of a sudden the SPY is a fragile baby.

Everything I own fell down an elevator shaft in the last 30 minutes

 

[SFBayDuck]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

And yet still up 350% for the year. It's a bit of a superball - all over the place.

Indeed. Just dipped below a double for me, but I was up almost 200% in November. It's a wild ride, for sure.

 

[urbanhack]

Did someone here mention QSI? Crazy last 48 hours.

 

[Bob Sacamano]

Did someone here mention QSI? Crazy last 48 hours.

NNOX, too.

:ducks:

 

[pecorino]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

 

[Bob Sacamano]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

 

[pecorino]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

Yes, an increase in construction but more so a rate reduction.

 

[Bob Sacamano]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

Yes, an increase in construction but more so a rate reduction.

I understand the potential rate reduction impact and agree that would be a positive if they play out, but my concerns would be their being more than offset by tariffs impacting material costs and, more importantly, significant labor shortages weighing on new starts.