Recent content by Speed Racer

Keep it simple is great advice. I'd say 90% of my retirement funds are a combination of S&P 500, large cap growth, and total market indexes. I currently have easy access to the brokerage and IRA numbers. Last year the IRA was up about 32% and the taxable was up 25%. The difference? The...

Update number four! As we all know, 2024 turned out to be a great year in the stock market. That provided a nice boost to my numbers and gets me to where I thought I would be this time last year. No big changes expected this year, other than getting married. Even that is really just a change...

Update number three! A bad year in the stock market and some life changes meant not much movement in my net worth over the past year. I bought a house in April before rates were crazy high and recently became engaged. I have a lot more expenses and have a wedding to plan for (not until next...

4.1%

Time for my second update! I forgot I updated this thread in January and not April when I originally started the thread. These numbers are still as of January 1st, though. I didn't end up moving, but even so my net worth increased way more than I expected and I cracked $100,000 for the first...

Congrats from another Cincinnatian! I started planning at 23 (now 25) with a plan to retire at 50, so I'd love to hear how you got to your goal since it seems like you had a similar timeline as me.

I've only bought one car so far, a 2015 Chevy Impala in early 2019. I was less than a year out of college, so I didn't really have the cash on hand even if I wanted to. I'll probably still finance mostly used cars going forward. I'd rather have the monthly payment than pay cash and miss out...

Time for my first official update here. Like many, I had a great year in the stock market despite what was going on in the real world. I blew past my goal of increasing my net worth $15-20k. It ended up increasing by about $33,000. Here's a little breakdown: Cash: ~$1800 Roth 401k: ~$12000...

For me, bitcoin has been a lot like Tesla. I held out for years not believing the hype, but I finally bought into Tesla earlier this year and I'm already up 400%. Bitcoin seems like an even farther reach since I don't even understand much about it, unlike Tesla. I probably should jump in, but...

That's not when he purchased, though. Over the past 6 months, GM is up 60%, while the S&P 500 is up about 22%. GM (and Ford) were not great buys at the beginning of the year. With recent changes and announcements, I wouldn't have a problem buying either. GM is going to be a serious player in...

This guy is looking pretty smart. I kept contemplating buying in, but went with more Ford instead. Not a bad move, either.

Up over 4% today. Too bad I didn't have any extra cash lying around.

Goodyear is down the past couple of days due to some political controversy, might be a good time to swoop in and make a quick 5%

I guess I'm not sure what you mean on your first comment. I said nothing about looking in the past to pick winners. I also have no trouble paying the bills, I was just commenting on how some people can struggle when multiple unexpected expenses come up. I probably won't invest my next...

Just a little update, at the end of July my net worth topped $35k. I see others have been doing 6 month updates, so maybe I will too to help me keep on track (and look back in the future). This past week was a little bit rough for my bank account though. I finally got my physical therapy bill...