[quote=cvmom][quote=flu]I think my days of trying to individually stock pick is over. What I have done is simply take my $3000/month that I use to pay towards a mortgage and impound account and now do a direct deposit into my vanguard account, where it gets auto invested into 5 vanguard index funds covering the total stock market, total international stock market, a tax exempt bond fund, and a money market fund.
That, and I make sure to max out my employee stock purchase and plan on selling immediately to get that 20% gain.[/quote]
Scary. This is almost exactly what I do, practically word for word![/quote]
I’ve given up trying to predict the markets. Looking at how my passive portion of my investments performed versus active investment in the stock market (both trying to time the long and short) it was clear that my passive investments performed better over the years, simply because of consistently investing small chunks every month, both when its low and high.
Also, you can’t beat a 20% guaranteed return from.an employers espp.
My bigger problem is the much bigger tax bill I will have now that I can no longer write off a mortgage interest deduction.
That tax bill from the w2 paycheck is not going to be pretty. Fortunately I won’t have any rsus vesting for some time.
Alsoy writeoffs from rentals is getting smaller too. No mortgage interedt deduction on most of them.
