Queenie
Recycles dryer sheets
Hi Everyone!
I have been lurking for quite some time and recently joined. Thank you all for enlightening me to so many things and sparking my curiosity to go and “study up” on all the gibberish important points regarding investments. I can't say I am totally knowledgeable yet, nowhere near there, still have so much to learn but must say it is quite thrilling and interesting,who would have ever thought! Anyway, am about to embark on my first portfoglio before my savings account gets chipped away at.
I will initially be investing $100,000 with Vanguard and this is the recommendation they have come up with (doing the on line questionnaire, haven't spoke with anyone yet)”
42% Total Stock Market Index ETF
18% Total International Stock Index ETF
40% Total Bond Market Index
Since I have dual citizenship I would actually like to make a separate investment in my other country where I hold a bank account so thought to drop the above International Stock and substitute it with a Wellington so it would look as follows:
40% Total Stock Market Index ETF
20% Wellington
40% Total Bond Market Index
A little bit about myself I know would be helpful for you keen minds to enable comments to my particular situation, so here goes.
I am single 55 years, retired since 2009. I have a very nice pension which I started collecting from April of this year and healthcare package so will not be depending on this money as an income, although occasionally splurging is not out of the question. I live well within my means. I have no debt and my children are all grown and are not usually a financial burden (cough-cough). The only big expense I would like to perhaps incur in the future is for a home purchase in the US. Have been advised that it is still too early to dive into that and I should wait further until the market shows a real return. I have been until recently a US non resident citizen and won't be till next year that I file tax without the nice Non-resident deduction... I have no real experience in investing and would consider myself moderately conservative due to my total ignorance. Seems the more I learn from this site, Bogleheads , morningstar, etc the more I question my ability. On the other hand, monies sitting in a USAA savings account are just going to be whittled away in one way or another.
So I think my question is what do you all think of my proposal as opposed to the Vanguard recommendation and my idea, would you invest anything new now before the debt crisis is settled or would you wait until it is settled. Any and all constructive comments would be appreciated. Also appreciated would be answers to questions I haven't even asked...
Please don't hesitate to ask me any other questions if you feel I have left out any information.
Again thanks to you all, this site has engaged my brain and given me a few good chuckles, too. I am glad I found you.
Queenie
I have been lurking for quite some time and recently joined. Thank you all for enlightening me to so many things and sparking my curiosity to go and “study up” on all the gibberish important points regarding investments. I can't say I am totally knowledgeable yet, nowhere near there, still have so much to learn but must say it is quite thrilling and interesting,who would have ever thought! Anyway, am about to embark on my first portfoglio before my savings account gets chipped away at.
I will initially be investing $100,000 with Vanguard and this is the recommendation they have come up with (doing the on line questionnaire, haven't spoke with anyone yet)”
42% Total Stock Market Index ETF
18% Total International Stock Index ETF
40% Total Bond Market Index
Since I have dual citizenship I would actually like to make a separate investment in my other country where I hold a bank account so thought to drop the above International Stock and substitute it with a Wellington so it would look as follows:
40% Total Stock Market Index ETF
20% Wellington
40% Total Bond Market Index
A little bit about myself I know would be helpful for you keen minds to enable comments to my particular situation, so here goes.
I am single 55 years, retired since 2009. I have a very nice pension which I started collecting from April of this year and healthcare package so will not be depending on this money as an income, although occasionally splurging is not out of the question. I live well within my means. I have no debt and my children are all grown and are not usually a financial burden (cough-cough). The only big expense I would like to perhaps incur in the future is for a home purchase in the US. Have been advised that it is still too early to dive into that and I should wait further until the market shows a real return. I have been until recently a US non resident citizen and won't be till next year that I file tax without the nice Non-resident deduction... I have no real experience in investing and would consider myself moderately conservative due to my total ignorance. Seems the more I learn from this site, Bogleheads , morningstar, etc the more I question my ability. On the other hand, monies sitting in a USAA savings account are just going to be whittled away in one way or another.
So I think my question is what do you all think of my proposal as opposed to the Vanguard recommendation and my idea, would you invest anything new now before the debt crisis is settled or would you wait until it is settled. Any and all constructive comments would be appreciated. Also appreciated would be answers to questions I haven't even asked...
Please don't hesitate to ask me any other questions if you feel I have left out any information.
Again thanks to you all, this site has engaged my brain and given me a few good chuckles, too. I am glad I found you.
Queenie