Investing questions

[RDU Irish]

EM has underperformed broader international which has drastically underperformed the S&P 500 for the last five years. From a raw valuation standpoint, EM is cheaper than broader International which is substantially cheaper than US large cap. Throw a weaker dollar on top and you have a pretty good risk/reward tradeoff for EM and INTL over US as global growth comes back on line. Good bit of mean reversion is well overdue.


EuroPac is more comparable to the International Index - good fund and has beaten the index over time. The EM fund is a completely different animal - they do very different things. If you want to rank risk - EM would be riskier than the small cap funds - international index or EuroPac probably riskier than the S&P index/large cap funds and less risky than the mid-cap/small cap funds.

 

[BleedBlueGold]

I know there are a few people on this site who are landlords and invest in real estate. What advice would you give a first-timer, looking to just dip my toes in?

I found a nice little ranch home, 1500 sq ft, 3 bed, 2 bath, in a great location for $175,000. Rental incomes are typically around $1300-$1600 per month, although a buddy of mine who has rented in the area says that seemed low to him. Bottom line, with a 20% down payment, my amateur analysis figured around +$500 or +$600 positive cash flow each month.

Note: I work a full-time job out of town so I don't have a lot of time to buy a fixer-upper. I know my ROI would be better but I'm just looking for something easy my first time. This place is newly updated and surprisingly listed for the exact same amount as a comp in the same neighborhood that has same flooplan but w/o updates. No-brainer.

Note_2: This would be my second time as a landlord but the first time I was a live-in landlord w/ friends. Different animal here and it has me nervous.

 

[BleedBlueGold]

I know there are a few people on this site who are landlords and invest in real estate. What advice would you give a first-timer, looking to just dip my toes in?

I found a nice little ranch home, 1500 sq ft, 3 bed, 2 bath, in a great location for $175,000. Rental incomes are typically around $1300-$1600 per month, although a buddy of mine who has rented in the area says that seemed low to him. Bottom line, with a 20% down payment, my amateur analysis figured around +$500 or +$600 positive cash flow each month.

Note: I work a full-time job out of town so I don't have a lot of time to buy a fixer-upper. I know my ROI would be better but I'm just looking for something easy my first time. This place is newly updated and surprisingly listed for the exact same amount as a comp in the same neighborhood that has same flooplan but w/o updates. No-brainer.

Note_2: This would be my second time as a landlord but the first time I was a live-in landlord w/ friends. Different animal here and it has me nervous.

Bump.

That house already sold. Same day as listing. Ugh.

Anyways, would still appreciate any advice from the pros on this board.

I have an investing partner. We plan to get the LLC finalized soon. Hopefully have our first house by the end of the year if it's a flip. If not, looking for rental opportunities in the late winter/early spring.

 

[drayer54]

Bump.

That house already sold. Same day as listing. Ugh.

Anyways, would still appreciate any advice from the pros on this board.

I have an investing partner. We plan to get the LLC finalized soon. Hopefully have our first house by the end of the year if it's a flip. If not, looking for rental opportunities in the late winter/early spring.

I'm a landlord and somewhat of a real estate investor. I've slowed down because the housing market where I am at is hot and expensive.

As for renting, it's a reasonable investment and source of extra income.
It's a lot of work up front, but pretty easy going once you get a good tenant and start the process.

I always look for homes that I can rent at approximately 1% of overall investment. Some houses are nicer but don't command as good of rent. That may be low or too high where you are. I would suggest comparing the rental price of a 100k house vs a 200k house and try to find the honey hole of rental investing. Where I am, that's about 100-120k homes.

It's not a get rich scheme or something that will have you in suits and nice cars. It has me in my truck fixing sump pumps on crappy days with strangers cats scratching at my jeans on occasion.

I would look for a house that has few hazards, is in good material condition, and will be low upkeep. Nicer finishes suck to replace but they are good for attracting good tenants at higher prices. Weigh that as you see fit.

Flipping is tougher unless you are able to everything and have the time. I've tried twice and ended up around break even.

Multi-units are a headache and will have you spending more time looking at people, problems, and documents. I target single unit homes and older tenants.

I generally get 1200-1500 a month and have payments between 442-639 a month, not including property taxes and insurance. The tax deductions are nice too because my snowblower for rentals is included and stuff like that.

I have an LLC, but I don't think you really need it until about 3 ish homes or more. It's just liability protection. I would only put one name on it if you are going to have a partner to simplify things tax wise.

Having good connections is a must IMHO. A realtor who knows the business.I've bought without seeing because I trust my realtor and knew it would go quick. Handy contractors and inspectors. Knowing the codes is always good too.

Good luck!

 

[BleedBlueGold]

Thanks, Drayer.

I have a realtor friend who said exactly as you did in terms of finding the honey hole. In my area, it's a 3 bed, 2 bath in the 150-175k range. These homes are churning out $600/mo net positive cash flow and have very little turnover. They're mostly in the nicer, areas of town as well. Slightly nicer homes attracting a little more hassle-free tenant base too.

Flipping is something I'm interested in trying at least once. 1) I know it won't be all HGTV/DIY type flips where I pocket $100k at the end. 2) I know it'll be even less than avg return because I can't do a lot of the work myself. In a perfect world, I can use the profit from a couple flips to put down on a few rental properties for buy/hold.

I should note, I don't plan on this being my full-time job. This will be used as supplemental income as well as to beef up my retirement savings/investments. So with that said, at what point does a management company make sense? Obviously this cuts into my bottom line, but I'm looking to be more of an investor as opposed to full blown landlord.

 

[IrishLax]

Thanks, Drayer.

I have a realtor friend who said exactly as you did in terms of finding the honey hole. In my area, it's a 3 bed, 2 bath in the 150-175k range. These homes are churning out $600/mo net positive cash flow and have very little turnover. They're mostly in the nicer, areas of town as well. Slightly nicer homes attracting a little more hassle-free tenant base too.

Flipping is something I'm interested in trying at least once. 1) I know it won't be all HGTV/DIY type flips where I pocket $100k at the end. 2) I know it'll be even less than avg return because I can't do a lot of the work myself. In a perfect world, I can use the profit from a couple flips to put down on a few rental properties for buy/hold.

I should note, I don't plan on this being my full-time job. This will be used as supplemental income as well as to beef up my retirement savings/investments. So with that said, at what point does a management company make sense? Obviously this cuts into my bottom line, but I'm looking to be more of an investor as opposed to full blown landlord.

lol in my area that costs you $900k+... we're house shopping right now and we can't find a good condo for less than $850.

 

[Southside Sully]

I am a realtor myself in the Chicago area.. Last couple years have been really good years, above my goals and am happy about it. Lucky to have some really great clients.. One client I do not like is Uncle Sam at the end of the year. Any guys on here have any other ideas for writeoffs or things you use for writeoffs? Have 8 weeks left of the year want to get a few more on the books.. Was considering putting my car into my LLC's name. Any one have anything they do?

 

[ndfb3.1]

I am a realtor myself in the Chicago area.. Last couple years have been really good years, above my goals and am happy about it. Lucky to have some really great clients.. One client I do not like is Uncle Sam at the end of the year. Any guys on here have any other ideas for writeoffs or things you use for writeoffs? Have 8 weeks left of the year want to get a few more on the books.. Was considering putting my car into my LLC's name. Any one have anything they do?

As a realtor, you should have many deductions. Cars for sure. Should have a lot of M&E, depending on your income.

 

[calvegas04]

any into Bitcoin yet?

 

[ClausentoTate]

Unless I'm mistaken you can take mileage or put the car w/ the LLC (if it's personal you can deduct whatever % of depreciation is used for the business), but not both. If your car is already depreciated heavily it might not be the best option. You should see where the break-even is on that.

Meals (cookies, water, etc) that aren't reimbursed
Phone (again % used for business)
Marketing
Website hosting fees (if you pay these)
Any listing resources that cost money that aren't reimbursed

You can be pretty liberal, just document document document.

You mentioned LLC yourself, so I'm assuming you're familiar with how to pay yourself through an S Corp the proper way.

 

[Southside Sully]

I am very liberal.. All my tickets are on there, sports, concerts, most meals, all car washes, hair cuts, golf clubs, golfing, gas, mileage, tire rotation, oil changes, new computers, office furniture, gift cards, stamps etc... I am looking for things that i might be overlooking perhaps that isn't in front of you daily.. Like making an S corporation for me solo, or anything of along those lines.. Thanks guys i appreicate it.

 

[ndfb3.1]

I am very liberal.. All my tickets are on there, sports, concerts, most meals, all car washes, hair cuts, golf clubs, golfing, gas, mileage, tire rotation, oil changes, new computers, office furniture, gift cards, stamps etc... I am looking for things that i might be overlooking perhaps that isn't in front of you daily.. Like making an S corporation for me solo, or anything of along those lines.. Thanks guys i appreicate it.

S-Corp might be a good idea depending on your income. If you are above $70k, I would look into doing an S-Election.

 

[BleedBlueGold]

lol in my area that costs you $900k+... we're house shopping right now and we can't find a good condo for less than $850.

It really insane how much the housing market can fluctuate across the country. I live on the northside of Indy and 3 Bed, 2 Bath homes can climb up into the $300s depending on the builder and the neighborhood. With that said though, sub-$200k range is avg price for these. The $100-$150k range is the mystic unicorn at the moment. They pop up all over the place but they sell within hours.

The condo I'm considering putting an offer on is a 2200 sqft, 3/2.5, new-build for $280k and they're pretty high-end. I'd suggest you move to Indiana.

 

[wizards8507]

It really insane how much the housing market can fluctuate across the country. I live on the northside of Indy and 3 Bed, 2 Bath homes can climb up into the $300s depending on the builder and the neighborhood. With that said though, sub-$200k range is avg price for these. The $100-$150k range is the mystic unicorn at the moment. They pop up all over the place but they sell within hours.

The condo I'm considering putting an offer on is a 2200 sqft, 3/2.5, new-build for $280k and they're pretty high-end. I'd suggest you move to Indiana.

You didn't ask for my opinion but I say yuck to new construction.

 

[BleedBlueGold]

You didn't ask for my opinion but I say yuck to new construction.

I agree. Much lower ROI. Higher upfront cost. Also $/sqft is way higher.

But in this case, almost all of the expenses are P/I, HOA fee, (little to no maintenance on brand new building that wouldn't be covered by warranty) and I can charge a crap-ton for rent in this area. Not to mention the expected value of the condo will skyrocket in the next 5 years. Northside of Indy is ranked very high among best places to live in the country. Market is booming by us.

*It's not likely to happen. We're still researching the numbers. They literally just started building these. It's more likely that we'll start much smaller single-family owned houses in the $150k range. Those are still cash-flowing $500-$600/month.

 

[RDU Irish]

I have yet to see anyone account for their own time spent or properly amortize or reserve for expenses like roof replacement, water heater, fridge, replace carpet, vacancy between tenants or any other negative event. Only focus on the positive CFs in a perfect month.

Long story short - don't do it if you don't have the ability handle a 3-4 months of $0 rent and a few thousand of expenses to position for new renters. Example - little Miss Perfect Renter dies in the house undiscovered for a week and creates a hazmat scene that condemns the place. If you can walk through that scenario comfortably then you have the chops to be a landlord and more power to you.

 

[BleedBlueGold]

I have yet to see anyone account for their own time spent or properly amortize or reserve for expenses like roof replacement, water heater, fridge, replace carpet, vacancy between tenants or any other negative event. Only focus on the positive CFs in a perfect month.

Long story short - don't do it if you don't have the ability handle a 3-4 months of $0 rent and a few thousand of expenses to position for new renters. Example - little Miss Perfect Renter dies in the house undiscovered for a week and creates a hazmat scene that condemns the place. If you can walk through that scenario comfortably then you have the chops to be a landlord and more power to you.

Idk where you live, but it's all rainbows and unicorns in my neck of the woods.

Point taken, though. And I haven't mentioned it, but it is accounted for. I plan to have an emergency fund established as well as a budgeted savings plan for big ticket items like those you've mentioned above. I've seen anywhere from 5%-10% monthly taken from the rental income and put directly into a savings. That's my goal.

 

[RDU Irish]

Idk where you live, but it's all rainbows and unicorns in my neck of the woods.

Point taken, though. And I haven't mentioned it, but it is accounted for. I plan to have an emergency fund established as well as a budgeted savings plan for big ticket items like those you've mentioned above. I've seen anywhere from 5%-10% monthly taken from the rental income and put directly into a savings. That's my goal.

Good stuff- I see too many people get in trouble running it all from their personal checking account and flying too close to the sun. Perpetual "poor me" conversations about the latest "unexpected" expense that is really more a matter of WHEN not IF it happens. If you are allocating for CAPEX monthly and would maintain good margins even if a management company took over you are well ahead of the crowd.

Also consider what this looks like if you get a great job opportunity out of town (or your partner likewise gets relocated).

 

[Wild Bill]

I have yet to see anyone account for their own time spent or properly amortize or reserve for expenses like roof replacement, water heater, fridge, replace carpet, vacancy between tenants or any other negative event. Only focus on the positive CFs in a perfect month.

Long story short - don't do it if you don't have the ability handle a 3-4 months of $0 rent and a few thousand of expenses to position for new renters. Example - little Miss Perfect Renter dies in the house undiscovered for a week and creates a hazmat scene that condemns the place. If you can walk through that scenario comfortably then you have the chops to be a landlord and more power to you.

Like any other business, there are positives and negatives.

BleedBlueGold, my best advice is to focus on the numbers and be patient. The numbers for the house you were interested in didn't work, in my opinion. You need higher return to avoid the issues RDU states above - vacancy, major repairs, insurance/tax increases, etc.

I prefer estimating 11 months of gross rent to account for vacancy (some people use 10 but I've never had a two month of vacancy). I would also suggest setting aside 20% of rents until you build a reserve sufficient for a major repair and then drop that down to 10% when you build the reserve. I keep about $5,000 on hand for each property I own BUT I can handle most repairs on my own (a few exceptions). If I didn't, I'd probably bump that up a few thousand.

Learn how to patch/paint and find a wholesale flooring guy. Those are the two biggest expenses when a tenant moves out. Once they're in, treat them like children when it comes to mechanicals - provide furnace filters and text them to change, tell them not to flush condoms and tampons down the toilet, etc.

Most important part is to understand the numbers and trust them. Don't be the guy who says, the numbers are a bit off BUT....Just walk away when the numbers are off.

I wouldn't touch anything without getting a minimum of 15% return. Anything less is a waste of time. I can click a button and buy a REIT that will give me a monthly dividend of 5% so there is no sense in taking on the responsibility of being a landlord and hustling for a small return.

 

[BleedBlueGold]

Like any other business, there are positives and negatives.

BleedBlueGold, my best advice is to focus on the numbers and be patient. The numbers for the house you were interested in didn't work, in my opinion. You need higher return to avoid the issues RDU states above - vacancy, major repairs, insurance/tax increases, etc.

I prefer estimating 11 months of gross rent to account for vacancy (some people use 10 but I've never had a two month of vacancy). I would also suggest setting aside 20% of rents until you build a reserve sufficient for a major repair and then drop that down to 10% when you build the reserve. I keep about $5,000 on hand for each property I own BUT I can handle most repairs on my own (a few exceptions). If I didn't, I'd probably bump that up a few thousand.

Learn how to patch/paint and find a wholesale flooring guy. Those are the two biggest expenses when a tenant moves out. Once they're in, treat them like children when it comes to mechanicals - provide furnace filters and text them to change, tell them not to flush condoms and tampons down the toilet, etc.

Most important part is to understand the numbers and trust them. Don't be the guy who says, the numbers are a bit off BUT....Just walk away when the numbers are off.

I wouldn't touch anything without getting a minimum of 15% return. Anything less is a waste of time. I can click a button and buy a REIT that will give me a monthly dividend of 5% so there is no sense in taking on the responsibility of being a landlord and hustling for a small return.

Thanks for the advice, Bill.

Can you verify that I'm doing this quick breakdown correctly?

Purchase Price: $175,000
Cash to Close: $37,500
P/I + Taxes: $1000/mo
Gross Rent: $1600
Vacancy Rate: $144
Expenses: $80
CapEx: $150
Net: $226
CapRate: 8%
Cash on Cash: 7%

So I would agree that this isn't a great return. But a few quick things: 1) I want my first property to not be a "hell house" just in order to get a great return. These houses are relatively new, in a great neighborhood, with home prices booming and rent prices that keep climbing. 2) This one was just fully renovated. 3) I'm the type of person who easily becomes paralyzed by over-analysis. Part of me just wants to find a place with a positive net cash flow and just run with it. Else I fear never making a purchase because I never come across that perfect opportunity. 4) At the end of the day, when that mortgage is paid off, the monthly net of $226 becomes $1000 approx. For me, that's a pretty solid supplemental income. Especially when combined with a few others over time. I'm not trying to quit my regular job. I'm just looking for a little extra income while doing something I'm passionate about.

 

[Wild Bill]

Thanks for the advice, Bill.

Can you verify that I'm doing this quick breakdown correctly?

Purchase Price: $175,000
Cash to Close: $37,500
P/I + Taxes: $1000/mo
Gross Rent: $1600
Vacancy Rate: $144
Expenses: $80
CapEx: $150
Net: $226
CapRate: 8%
Cash on Cash: 7%

So I would agree that this isn't a great return. But a few quick things: 1) I want my first property to not be a "hell house" just in order to get a great return. These houses are relatively new, in a great neighborhood, with home prices booming and rent prices that keep climbing. 2) This one was just fully renovated. 3) I'm the type of person who easily becomes paralyzed by over-analysis. Part of me just wants to find a place with a positive net cash flow and just run with it. Else I fear never making a purchase because I never come across that perfect opportunity. 4) At the end of the day, when that mortgage is paid off, the monthly net of $226 becomes $1000 approx. For me, that's a pretty solid supplemental income. Especially when combined with a few others over time. I'm not trying to quit my regular job. I'm just looking for a little extra income while doing something I'm passionate about.

Yes, you're on the right track with what numbers matter. You'll get a better grasp of estimates, like vacancies or repair costs, going forward but keep it conservative to start.

Just to play devils advocate, the house that doesn't provide consistent positive cash flow is the "hell house". I understand that the hell house you describe can put a dent in your profits just the same. You have to find a sweet spot where you're earning a higher profit in exchange for taking on a a greater risk (greater but reasonable). Like I said before, I can earn a 5% monthly dividend from a REIT by doing nothing more than clicking a button tomorrow morning when the market opens. Owning a rental is much more difficult so be patient, buy a solid home, and get yourself 10% plus.

Over-analyzing is a good thing in this business. I don't think that's your issue. Taking on the risk is the hard part. I've wiped my accounts clean a few times to buy some foreclosures. Before I did, I looked at the numbers over and over and I knew it was a winner. But it was still really hard to pull that trigger. It all worked out but I'd be lying if I said it was an easy decision.

 

[Legacy]

I have a $100 million and want to provide for my family, too.

Notre Dame to get $100 million from alumnus in biggest unrestricted gift ever for university

 

[BleedBlueGold]

I came across a triplex for sale nearby. Here's a quick rundown:

3 one-bedroom units. All currently rented. One, however, is a long term lease with no term expiration. Idk what the deal is, but that tenant pays a pretty low rent and it's locked in. The second unit is decent, but landlord/owner pays all utilities. I'm not a big fan of this agreement, but that lease expires 2019. The third unit seems more the industry standard with security deposit in place, a more comparable rent for the area, one year lease term (however all utilities paid by landlord here too). Obviously, it'd be better to re-negotiate the terms of these leases as they expire.

Anyways, the listing is advertised as this: Self-managed building, 10% cap rate, $99k cash offer (but willing to do land contract).

My numbers suggest the cap rate is closer to 8%*. This isn't really a property that I'd be interested in however: 1) a self-managed property generated a +$300/mo cash flow is convenient for my first property and 2) there's is potential to double that cap rate once the long term leases go away and I can raise rent. This is verifiable.

*Current owner did a poor job with their expense report, imo. They basically only factored in utilities, landscaping, taxes, and insurance. No repairs, no vacancy rate, no CapEx. I added these in and that's why I'm finding a reduction in cap rate. However, important to note that this place really is self-managed. The owner might not have had repairs to report because the tenants have been taking care of their own issues. I find that to be very convenient, however, I believe it's still important to at least budget for certain items.

The inspection has been done, repairs and suggestions already paid for and fixed. There's a live-in manager who gets a 15% discount on rent for taking care of the property duties (this is something I can easily address as well up the lease expiration date). New roof, new windows.


Any friendly advice would be greatly appreciated. This potentially being my first rental purchase, I'm naturally a little nervous about it. Hopefully, I'm not missing anything.

Thank you!

 

[wizards8507]

I came across a triplex for sale nearby. Here's a quick rundown:

3 one-bedroom units. All currently rented. One, however, is a long term lease with no term expiration. Idk what the deal is, but that tenant pays a pretty low rent and it's locked in. The second unit is decent, but landlord/owner pays all utilities. I'm not a big fan of this agreement, but that lease expires 2019. The third unit seems more the industry standard with security deposit in place, a more comparable rent for the area, one year lease term (however all utilities paid by landlord here too). Obviously, it'd be better to re-negotiate the terms of these leases as they expire.

Anyways, the listing is advertised as this: Self-managed building, 10% cap rate, $99k cash offer (but willing to do land contract).

My numbers suggest the cap rate is closer to 8%*. This isn't really a property that I'd be interested in however: 1) a self-managed property generated a +$300/mo cash flow is convenient for my first property and 2) there's is potential to double that cap rate once the long term leases go away and I can raise rent. This is verifiable.

*Current owner did a poor job with their expense report, imo. They basically only factored in utilities, landscaping, taxes, and insurance. No repairs, no vacancy rate, no CapEx. I added these in and that's why I'm finding a reduction in cap rate. However, important to note that this place really is self-managed. The owner might not have had repairs to report because the tenants have been taking care of their own issues. I find that to be very convenient, however, I believe it's still important to at least budget for certain items.

The inspection has been done, repairs and suggestions already paid for and fixed. There's a live-in manager who gets a 15% discount on rent for taking care of the property duties (this is something I can easily address as well up the lease expiration date). New roof, new windows.

Any friendly advice would be greatly appreciated. This potentially being my first rental purchase, I'm naturally a little nervous about it. Hopefully, I'm not missing anything.

Thank you!

Which of the three guys is the manager?

 

[BleedBlueGold]

Which of the three guys is the manager?

Unit 2, I believe.

Current lease arrangement:

1: $319/month, no termination date, tenant pays electric bill, landlord pays water/sewer.

2: $550/month (discounted 15% for managerial duties), 2019 termination date, landlord pays all utilities.

3: $650/month, 2018 termination date, landlord pays all utilities, $500 damage deposit.


So I can do a few of things eventually as leases terminate (even unit 1 has to die or move out at some point; not to sound insensitive...just a truth): remove the 15% discount and take over as the manager, pay water/sewer but make all tenants pay electric bill, and update rent to the area comp of $650/mo. These three things drastically change my cap rate by reducing expenses and increasing rent. I just need to eventually get away from the two bad lease contracts.

With a land contract payment and bad leases, the property will churn out about $300 per month cash flow. When property is paid off and leases are updated, it will potentially churn out $1,100 per month cash flow.

 

[Irish#1]

Unit 2, I believe.

Current lease arrangement:

1: $319/month, no termination date, tenant pays electric bill, landlord pays water/sewer.

2: $550/month (discounted 15% for managerial duties), 2019 termination date, landlord pays all utilities.

3: $650/month, 2018 termination date, landlord pays all utilities, $500 damage deposit.


So I can do a few of things eventually as leases terminate (even unit 1 has to die or move out at some point; not to sound insensitive...just a truth): remove the 15% discount and take over as the manager, pay water/sewer but make all tenants pay electric bill, and update rent to the area comp of $650/mo. These three things drastically change my cap rate by reducing expenses and increasing rent. I just need to eventually get away from the two bad lease contracts.

With a land contract payment and bad leases, the property will churn out about $300 per month cash flow. When property is paid off and leases are updated, it will potentially churn out $1,100 per month cash flow.

How old is the tenant in #1? Any idea how long they plan to stay? You probably can't change it with a change in ownership, but you might ask an attorney if there is some way to raise that monthly payment.

 

[BleedBlueGold]

How old is the tenant in #1? Any idea how long they plan to stay? You probably can't change it with a change in ownership, but you might ask an attorney if there is some way to raise that monthly payment.

I don't know the age of tenant_1. I'm also not crazy about pulling one over on the tenants and finding some legal loophole to raise their rent on a long term lease. I'm content just riding it out. Mainly because overall, the building still generates positive cash flow. If it broke even or lost money, different issue. If tenant_1 has a long term deal in place, I plan to honor it. The other two won't have rent control and they make up for it overall.

 

[koonja]

So my 401K investments have been in the tank for the last few months. I know this is normal and you should just let it ride out, but should I be considering changing any of this? My YTD return is .9%.

Here are my elections:
ABDN EMERG MKTS INST 19%
VANG INST INDEX PLUS 27%
VANG MD CP IDX IS PL 27%
VANG SM CP IDX IS PL 27%
Total: 100%

 

[Veritate Duce Progredi]

So my 401K investments have been in the tank for the last few months. I know this is normal and you should just let it ride out, but should I be considering changing any of this? My YTD return is .9%.

Here are my elections:
ABDN EMERG MKTS INST 19%
VANG INST INDEX PLUS 27%
VANG MD CP IDX IS PL 27%
VANG SM CP IDX IS PL 27%
Total: 100%

Like the homosexual man working the grill at my first job told me one evening, "Just sit on it".

 

[Wild Bill]

Like the homosexual man working the grill at my first job told me one evening, "Just sit on it".