Great video Jeff! I always have to have strong coffee while I watch all your spreadsheets and keep up with them 😮! I think you have some of the most down-to-earth no hype investment videos on the internet.
Hey Chris. I appreciate you taking the time to watch these videos (with the strong coffee, I'm right there with you) and for leaving the positive comment. The *EXTRA* support of being a channel member is the cherry on top. I love making these videos to try to help as many people as possible. I'm glad they come off as down to earth, because well, I'm just a guy haha. Nothing special here outside a weird obsession to learn more about this stuff and share what I find. I left my job that I actually liked (nerdy data stuff, creating financial statements) to do this and I'll never look back.
I love how you explain what the gut instinct of everyone watching this channel has, and present it as normal. Buy a new (used) car, roth convert early and find ways to save on taxes, invest to retier early, ect. It's nice to have common knowledge wise decisions reinforced. Thank you for doing that.
Thank you for taking the time to watch the video and for leaving a positive comment. I'm a good guy for the job because there isn't anything special about me. Just a guy here (: I like to provide as much transparency as possible to give an idea of what investing 'really' looks like. Not strictly spreadsheets with assumed growth numbers and no life events. Don't get me wrong, I do love my nerdy spreadsheets too!
Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week .i started with 3k in last week 2024..... now i just hit $12,590….
Hey Ron. The fact that you started is 90% of the battle. There are going to be millions of people ahead and behind us. But you are going to kick 'Ron's ass' in the future! That is all that matters (: My goal is to beat that annoying Jeff Teeples guy! (:
Thanks Jeff. Great overview of your portfolio. Running hard with SCHD, JEPQ, VOO, DIVO, VGT. Only SCHD & JEPQ are above 5% of total portfolio. Looking forward to Roth update with JEPQ and also the skinny on QQQM. Also looking to learn about rebalance of ETF’s each year or quarter. Please be well. Love your work.
Hey Lance. Hope you're having a great weekend. Thanks for taking the time to watch the video and for the comment. I'm going to make a separate video altogether to explain my stance on QQQM and JEPQ. It will be too much to explain in a portfolio update. I want the details out there so investors know the pros and cons of these ETFs, and to make it clear why I'm doing what I'm doing. It's tough because I'll make a video about why I like JEPQ, then everyone says I THOUGH YOU LIKE QQQM!!! Then I make a video about QQQM, and it is the opposite, haha. I love both for different circumstances.
Excellent monthly recap video Jeff. A great month. QQQ is up 3 days in a row as of 12/13 - all of which were record highs. I'm also re-reading a random walk down Wall Street - what goes MUST come down - history always repeats itself, and that is why your 1/3, 1/3, 1/3 is so smart. As you get older, those thirds will look different - but dang! what a decade. Congrats.
Hey Kent. I appreciate the kind words and I agree with you about the what goes up must come down. The reversion to the mean is going to hit the imbalanced portfolios pretty hard in the coming years. It has been a great decade and I look forward to the next! I wish your portfolio well in the decade ahead as well!
@@JeffTeeplesI just found you on YT last week and have binged watched a bunch of videos. Do you have a Top 20 playlist of videos so I can catch up or just watch them as I go? I’m 43 and not too much in Retirement but I’m a high income earner, my wife as well. I have 3 mo emergency fund and I’m ready to start playing catch up with my 401k. You’re hitting great milestones now I wish I found you sooner when I felt lost in the market. I’ve recently started a vanguard acct buying some Voo, VGT, and SCHD. So much to learn.
Hey Matt. Welcome to the community, I'm glad to have you here. You are hitting the ground running with VOO, VGT, and SCHD. That is my personal favorite mix. Some like to go with SCHG or QQQM instead of, or in addition to, VGT. VGT being 100% technology scares people away. I personally think technology is the future and I'm comfortable with a big chunk of my growth being there. I have some playlists, but nothing with my top videos. It is more video types (portfolio updates & ETF reviews). One thing to keep in mind is that VOO is 'about' half growth and half value. It will usually be in the middle of SCHD and VGT in most markets. SCHD is blue chip companies that don't go up and down as much. It has lagged the past couple years, so it gets some hate, but the dividend grows amazingly well and it has performed well historically. VGT is a growth machine, and it has done extra well lately because growth stocks have dominated in general. I like to keep them all balanced because I know they will all have their runs. I buy the one that is the most beat up at the time to get it back to its target allocation. I know that is a lot to take it, lol. Welcome!
Jeff, congrats on your port value. I just hit my thrice updated year end goal for total port of 1.3M, this morning! All goals exceeded for this year. In my Trad IRA, I do have the 3 fund portfolio (SCHD 25%, FTEC 46%, VOO 27.6%) I was pondering if it might be a good time to rebalance to equal weights (33.3%) at age 64. I too am considering some small Roth conversion, as this is a low realized income year for me. Meanwhile, +40.85% YTD! Happy Holidays!
Hey Karl. That is incredible! Congratulations on over 40% returns YTD (wow). I like the third of each category. I'll be getting even a little more conservative as I approach full retirement. I know it won't go to the moon as much, but I'll take the stable gains supported by dividends in down markets. I'll always do a nice mix I'm sure, I'll never go FULL growth or dividends, personally. Like to keep things fairly balanced.
Hey Jeff, always fun watching your breakdowns and comparisons. Should be an interesting year coming up. Looking forward to how we are all affected and wish the best for all your followers who see the benefit of your 3-fund portfolio and build their future using this system. Thanks again.🎉 🎄🥂
Thank you for all the support you've given the channel in 2024 Roy. It has been a fun ride. I look forward to seeing what the future brings. Best wishes to you and yours!
Oh too funny - we just put money down for an SUV for the wife…definitely going to go hurt the NW growth this month (along with a family vacation) … were still a bit off from starting the Roth ladder as I’m still working full time and in much too high of a tax bracket …love to see you thinking ahead and realizing that sometimes its 1 step back/sidewise in order to take 3 steps forward….
Hey Anthony. Thanks for watching and for the comment. Oh man, cars are such a wealth killer. But, safety comes first! It is time for us to bite the bullet (soon anyway, still looking at a few options). Taking a step back to take 3 forward is definitely the idea here. It hurts to lose the cash for the conversion tax, but I think it will help us get everything converted smoothly in the long-run. I will be sure to stay in the 22% tax bracket with them.
Hi Jeff happy new years brother. Any spoilers alerts for when your next HODL factory video is dropping? My wife and I are building out your spread sheet with a new buy added each month. We are up to the First National Citizens buy and wanted to make sure there wasn’t any big changes up to that point before making the purchase for 2k
Hey Stephen. Thanks for watching and for the kind words. The flip of the year has so many videos I need to update based on things I follow over the years. I think I'll try to do the HODL Factory update for 1/26/2025. No promises though, because it is battling for space with a couple other yearly updates. You can see my exact holdings at any time with a free google sheet or excel sheet. Link to the sheets is in the video descriptions each week. This will tell you my holdings on a weekly basis. We did make some changes recently. Next update will have way better tracking data too because I started using (and loving) Snowball Analytics.
@ love it I refer to the spreadsheet periodically. I put all the holdings into my watch list on Schwab and just have been running down the list with a new buy each month
We try to beat VOO, the S&P 500, as our target index. But we want to also outperform SCHD on total returns and dividend growth rates. Basically, we want to do very well! lol. But the main competition is VOO. And it has been a tough one this year!
Thank you for watching and for the comments. It is time to start making some big moves to angle for retirement. Take a step back (taxes now) to take 2 steps forward (zero taxes in the future).
Another great video! Thank You. Good stuff! I am a big fan of VGT too. I have 10% VB 10% VUG 10% VGT 30% VOO 20% SCHD 20% VTV. VB VTV SCHD are in my ROTH, VUG VGT VOO IN brokerage.The mix seems to be working so far!🎉
Hey Luka. Thank you for watching and for the kind words. I think you have a great mix going in your Roth and your brokerage. Stay the course with that mix long-term and I bet you'll be a happy camper!
Stupid question, but I just wanted to make sure I follow. For your core portfolio that you've held over the years is the makeup: VOO/VGT/SCHD? Sorry for confusion, but for some reason I thought you were 50/50 VGT/SCHD. Love the videos!
Hey Matt. Not a stupid question at all, thanks for asking. I make videos to compare 50% SCHD + 50% VGT to 100% VOO to show the difference between those mixes. This is because the 50/50 makes up about what VOO is ultimately from a value and growth perspective. However, I actually hold all of them like you said. A third of each is my desired allocations over the years. Therefore, I have the 50/50 mix, within my portfolio, but with VOO as well. It is very confusing so I don't blame you at all (:
Hey Jeff. I got rid of my JEPQ in the taxable account because I no longer needed it to cover incoming bills. My wife and I recovered a bit after I quit my job. However... Big moves have been made with Roth conversions lately, and there is more to come with that. I think it will start with a 'J', have an 'EP' somewhere in the middle, and a 'Q' somewhere around the end. But that's all I can say for now!
I love these monthly episodes. I have a recurring question maybe you could do a video on. If you have say 1,000,000 in your ETrade ira/brokerage how do only convert 100,000$ yearly into a Roth and gain ground? It seems like you’d never be able to convert the entire balance if the markets returning >10% wouldn’t you need to convert like 20% yearly to a Roth just to make any ground and eventually absolve the entire Ira? Or is the goal just to not have 100% of your funds in the tax delayed accts? Thanks Jeff.
Hey Kevin. Thank you for watching and great observation! It is going to be hard to outpace the gains of the traditional IRAs over time. This is one of the main reasons I decided to start my Roth conversions ASAP. I may get more aggressive with them in the coming years. My rollover IRA now has $428k in it as I look right now. I would love to get that to $0 in the next 5 to 7 years. If the market crashes, that's great, because I can convert more 'in-kind' assets for a lower tax bill. I'll keep us in the 22% tax bracket each year. Then it will be all about getting the wife's converted when she retires and mine is all in a Roth that we have access to if needed. If I waited on everything until she retired I don't think we would be able to stay in the 22% tax bracket as easily.
@@JeffTeeplesthanks for the reply. I see why you started converting now. Now I’m considering opening a traditional and Roth acct and funding that first instead of my taxable brokerage. Do you only do a 2 fund portfolio in your E*trade acct? I only see Schd & qqqm/vgt. No S&P funds? Or is your wife’s VOO serving as the 3rd wheel overall? Thanks.
Hey Kevin. I look at it wholistically between my wife and my accounts. Her VOO is 'our' biggest position. Right now we are light on SCHD, which I plan to fix after purchasing the new SUV soon. I don't have any S&P 500 in E*Trade because it is already our largest, and quickly growing (with huge company matches) every month. We will inevitably get overweight in our 'cornerstone' holding until we can roll her 401k over when she retires (I already rolled mine to E*Trade).
Another great video Jeff. Have you read the book "Die with zero" - by Bill Perkins? $3mil portfolio would be a fantastic achievement - have you covered off in any of your videos how you got to that target retirement figure?
Thanks for watching and for the comment. I have read that book. I thought it had some great stuff in it! The $3M is a rounded number of what would cover our bills today with my projected portfolio mix in retirement. It accounts for inflation (with a 7 year assumption to get there, so the number is in the 2M (right now)). We have a 2 and a 4 year old, and a $3k mortgage that will be around for 27 more years (2.75%). Our life circumstances make our number a little higher than a typical 'FIRE' person. This stuff is very personal and there isn't a one size fits all number.
Amazing, happy for your great returns this year. Also appreciate great content that you make and analysis you do. You put your money where your mouth is. I would say, you have done great when it comes to the choices you made. SCHD is a fantastic ETF, as well as VGT. What are your thoughts on these two Avantis funds, AVMV and AVMC. They are similar, one is Mid Cap Equity and the other one is Mid Cap Value. Which one would be your choice if you would have them in your portfolio? I am really curious about them.
Thank you for the kind words. I really do appreciate that awesome feedback. Hmm, those are new to me. As I look, they *are* fairly new. I like the low expense ratios and I think Avantis is really good in general. AVUV is my favorite small-cap value ETF. It looks like these mid-cap funds take a similar approach to AVUV. Very balanced and well spread out top holdings is nice. They don't put a lot of weight in any one basket. I know they are 'actively managed' funds, but I'm 99% sure they are technically passively managed internally with screens and scoring systems. This is great because it takes the gut calls out of the performance long-term. Just high quality mid-cap stocks being fed in. Again, I don't specifically know these funds and there isn't enough history for me to make a call about them with conviction, but I like what I see early on. If I were to add them, I think I would slot them next to SCHD (same concept as AVUV for me). Or, I would make room for a new category (keeping growth, value, and cornerstone the same proportionally and making room for these new ones.
I think both would be fine, but I would lean to mid-cap value, personally. I think we have been on a massive growth run. The reversion to the mean will happen eventually, we just don't know exactly win.
@jeff, have been watching your videos every week religiously. Learnt a lot from you. We are in the same age as you and working towards early retirement. Have a couple of questions and it will be great if you can address them in later videos or point me to videos if you have already done it. 1. Your portfolio doesn’t have any 529 plan for kids. Is that something you track outside of this? 2. How did you come up with retirement nestegg value of 3 million? Is it just 25x annual expenses roughly based on 4% rule? 3. Do you assume mortgage is paid off for the retirement nest egg math?
Hi Anuradha! Thank you for watching the videos & for all of your support for the channel. I appreciate it! 1. I don't do 529 plans because I live in a State (WA) that doesn't have great advantages for them. I prefer to focus on the 401k for tax deductions & the HSA. In a world where I had a TON of income I may do the 529 here. 3. We will not have our mortgage paid off for another 27 years. It is at 2.75% on a 30 year, and I invest every extra dollar before making an extra payment. This extra cost (~3k per month plus other invisible house costs) + needing to buy health insurance for the family leads into... 2. $3M is a good round number that produces the income level we would need to replace our current jobs and live the same lifestyle. Well, I am accounting for inflation in the figure (it is 2.XM in today's dollars). My mix will be JEPQ and SCHD in retirement (as the primary holdings) and I ran the calculations of what we would need in 7 years to live like we live now. I didn't use the 25x for the 4% rule, although ironically, I came out the same (:
Great video, Jeff! Congratulations on the new ATH! I see you have VUG in your HSA. I'd love to hear your thoughts on that. Do you anticipate using that when you retire (say in 7ish years) or are you planning on letting it grow until late stage when health care costs typically spike? What investments would you hold in that under the first scenario (use it throughout retirement) vs second scenario (grow it until healthcare costs spike)?
Hey Eric. Thanks for watching and for the question about VUG. It is the best available ETF in our HSA with Health Equity. They don't offer any low-cost S&P 500 funds there. It's okay though, because I balance our 'overall portfolio' at a high level. VUG is grouped with VGT and QQQM when it comes to purchasing decisions (all feed the growth section). Plus, as a bonus, it has actually outperformed all of my holdings this year *shrug. I look at HSA in a unique lens compared to most min/maxers. The age limits, inheritance rules, and some little things are inferior to traditional and Roth IRAs. They are very powerful triple tax advantage vehicles, but I do think people overrate them a touch. We max ours out (because again, it really is great) every year to the family amount. We actually pay medical bills with it (most of the time). It's basically the same triple tax advantage (never paid a penny and the bill is covered 100% tax free). We will leave it invested in VUG and let it compound until we use it. Ultimately, when we are older, I would prefer it to get to zero and the Roth to go to the moon. The compound opportunity cost with my portfolio value leans towards HSA losing more money at the end of the day (thinking ahead to my kids when I'm gone). Honestly, all these accounts are great and there is no one way to do this stuff.
When and how are you making contributions? Weekly? Monthly at beginning or end? Are you using any technical analysis to determine buying points? Love the transparency and clear explanations. Thanks 🙏
Hey Josh. Thank you for the kind words and for the question. I buy on a weekly basis when I have money to put in. Every Monday. I don't always have money anymore since quitting my job to start this channel (my wife funds her HSA and 401k, but we don't have any extra to invest usually). When we do have money to put into the market, I buy the position that is the furthest away from its target allocation. Lately, I've purchased SCHD the most because VGT has been going to the moon by comparison.
@@JeffTeeples Thanks for the reply! I knew you were re-balancing, but didn't know if you were using some formal process to enter new positions. I have a mate who buys some every Tuesday, says it's the best thing he has done this year; also transitioning to retirement soon. I've been considering how to implement a consistent buying process in my own portfolio of SCHD/XLK.
Love the updates Jeff. Looking forward to the Roth conversion insights (2026 to start mine - probably need all 8 years before SS). Curious to hear what new SUV you get - still chugging along in my 2008 MDX with 203k but wife’s 2016 Sequoia does the hard road trip miles now.
Thank you for taking the time to watch the video and for the kind words. I'll detail out more information about the Roth conversions with future videos as I get deeper into the ladder. For the SUV, we are looking at Pilots, Highlanders, Tellurides, Explorers, and a few others. My wife wants the captain chairs, so we need a bigger ride. It makes sense because we have a 2 and 4 year old to haul around the next 7 to 10 years in whatever we buy. We're not looking for anything fancy because we know the car will get beat up quite a bit by the little rebels. I'll be sure to sneak in what we get into the next (hopefully) portfolio update.
Hey Jeff. QQQM has been awesome as well. The SCHD + QQQM (or QQQ before QQQM) also beats VOO. VGT has been quite a bit better in my timeline, but both solid. Here is the 10 year total return (these are my two favorite growth ETFs): VGT: 574.41% QQQ: 449.45% Can't argue with either one. Both rock solid.
Doing the back door Roth conversions, is there a way to have your broker take out and paid federal taxes in advance? Just so you don't own a huge amount, when you do your taxes. I know they charge interest on the money you own, if its over a certain amount?
Hey Michael. E*Trade had an option to withhold some tax money within the conversion. I selected 0% and will true up when I file taxes. The nice thing about Roth conversions is that they don't have that penalty interest attached to them. Our regular earnings get the penalty if we undershoot it in a specific quarter. I've been there done that. But Roth conversions are owed at the time of filing in April and will not be penalized. At least, that is my understanding. Not sure if anything has changed recently.
@JeffTeeples Thanks Jeff, when it comes time for us to start our conversions, I will need to look into that to make sure it is exempt from interest fees. I did not know that if your correct.
Hey Jonathan. I have to keep this one quiet for a couple of weeks. The good news is that I'll have a specific video to address it before my next portfolio update (:
Mate for us non-US based viewers can you give me a one sentence primer on what a Roth conversion is? I think Roth is an after tax, tax sheltered account... so I'm assuming you can convert from a pre-tax account to a Roth, but have to pay some taxes to do it? I'm lucky, my two jurisdictions both tax retirement funds the same - they don't. Pre tax dollars go in and it's not taxable when it comes out (but can't come out until age 60).
Hey Bryan. You nailed it! A Roth Conversion allows us to convert our money from a pre-tax account (commonly a traditional IRA) to a Roth IRA. There are no limits to how much you can convert. BUT, the conversion will add to your taxable income. It's as if you made that much more money from your job that year. It is common to make the Roth conversions over many years to take advantage of the lower tax brackets with our progressive tax system.
Thanks for watching and great question. Unless it is a spouse, the rules for HSA inheritance suck. The kids will have to withdraw the funds and pay income tax that year. I plan to spend my HSA as we go for the triple tax advantage. No min-maxing for me on this one. It is a great account, and we max it every year, but it is lame compared to retirement accounts when it comes to age limits, taxes for heirs, and other little things.
Hey Mitchell. I think both of the ETFs are fantastic. I like VGT better than SCHG because I'm a major tech bull (in the future). But I think SCHG and QQQM are the two best multi-sector growth ETFs. Can't go wrong with SCHG long-term.
I think sticking with SCHG is a great idea. But I would say more if you believe in 50% tech over 100% tech. 6 basis points won't move the needle too much, but the portfolio comps will. For example, VGT has outperformed SCHG by 189.36% in the past 10 years, and that includes the 6 basis points (which will be a tiny bit for both, think SPY vs VOO). Now, with SPY vs VOO, VOO makes a lot of sense because it is investing in the exact same thing, the S&P 500. So why not shave a few basis points and win for sure with VOO. SCHG has been great this year, and it may win the next 10 years. I think it's a fine pick, but that is based on the holdings and methodology.
Love it Michael. Seeing people get started is the thing that fires me up the most! It's the hardest step. Once you start, there is nowhere to go but up! Thank you for watching and for leaving a comment.
Thanks for watching and for the comment. I respect this. I think there are pros and cons of holding BTC directly or through ETFs. I think that ETFs are safer all things considered. But I don't think it is a home run.
Thanks for watching and for the question. After the Roth conversion I did this year, I still have over $400k in my traditional IRA that ultimately needs to be converted to my Roth IRA (428k as of right now).
Oh man, I just ty ped a long reply and then accidentally hit cancel, lol. That's right. It can grow in a traditional or a Roth. It's nice because you can do the conversion 'in-kind'. Meaning you don't have to sell your ETF, move the cash over to Roth with a conversion, and then re-buy the ETF. In my case, I converted 432 shares of QQQM 'in-kind' from a traditional IRA to a Roth IRA. So the 432 shares have the exact same value. I cover the tax bill out of my cash from my taxable account. The in-kind conversion makes it super easy. Select the shares you want to convert and then hit go (on E*Trade that is).
Thank you for watching and for the question. I like to have VMFXX as most of my 'cash equivalents' within my portfolio. I like to keep that around 10%. If it gets higher than 10%, it means I need to deploy more in my ETFs. If it gets lower than 10%, I know I need to put away more in VMFXX because my equities have gone up. I will never have bonds in my portfolio. They have lost money for DCA investors 100% of the time for over 100 years. There is not a single cherry picked timeline that shows anything different (over an investing career). Equities have a 10% mean > bonds have a 5% mean (100+ years of data). Reversions come and go, but 10% will always be higher than 5% over many decades. Lending money can never compete with owning a business. It's just how this stuff works. I have a video series planned for the next 10+ years to show this unplay. It's funny, because when equities fall, and bonds 'win' a 3, 5, or 10 year stretch, that is actually when equities severely win for a DCA investor.
@ Thanks for your quick and detailed response. I am just getting close to retirement and would be nervous about having 90% in equities, but I do agree with your disdain for bonds, hence VMFXX as my compromise as the combination of “bonds”, liquid assets, and emergency account.
Haha, definitely not! I'll be here for many years to come. I will always make 'at least' a monthly portfolio update video even in full retirement (after my wife is done). But until then, likely 7 years, I'll be here most weeks on Sunday!
Hey Shannon. Thanks for watching and for the question. I think the semi-conductor ETFs are a solid investment. They have performed amazingly well over the past decade and then some, and I think they will likely do well in the future. They are too concentrated for me, personally. I roll with VGT to get a chunk of all tech (including semi) at a higher level. Something like SMH having 25 holdings that are all semi-conductor makes me worry a little bit. I don't know what the next breakthrough will be, but I know VGT will likely hold it (:
SCHD was the drag on the total returns this year for sure. I don't have a crystal ball for the future. I'll continue with my balance that has allowed me to outperform the market for a decade (: I think we will see a reversion to the mean, I just have no clue when it will happen. If you're all growth, I wish you the best. But I've seen this song and dance before. Stay the course no matter what. Stick to the system that works for you.
@JeffTeeples I agree Jeff.ill stay with the course since I'm just 28 and thinking of investing in a long term.I will consider SCHG JEPQ NEAR retirement.Thanks for posting such outstanding videos. I appreciate your feedback.
Daaaaang. You are absolutely killing it for 28. I'm retroactively jealous (: 42 here. Stay the course and keep that thing going. I know I'm a broken record, but when the market crashes keep pumping money in and don't sell. Your future self will thank you.
I would not allocate schd because it'll will underperforme QQQM AND THE MARKET and you still have to pay taxes of those 3.3 percent return. I would consider it near retirement
Hey Sandy. I respect that opinion. It has been one of the craziest bull runs in market history, though, over the past decade+. Zoom out 100+ years and value (SCHD) has outperformed the market. But, in the past 40 years, you are spot on. Who knows what the next decade will bring. Stay the course and I think any (well, any reasonable) strategy will work. It's our emotions and market timing that get us in trouble.
Thank you Travis! I appreciate you taking the time to watch the video and for leaving the very generous 'super thanks'! That is above and beyond. I hope to see you around in the community!
Great video Jeff! I always have to have strong coffee while I watch all your spreadsheets and keep up with them 😮! I think you have some of the most down-to-earth no hype investment videos on the internet.
Hey Chris. I appreciate you taking the time to watch these videos (with the strong coffee, I'm right there with you) and for leaving the positive comment. The *EXTRA* support of being a channel member is the cherry on top.
I love making these videos to try to help as many people as possible. I'm glad they come off as down to earth, because well, I'm just a guy haha. Nothing special here outside a weird obsession to learn more about this stuff and share what I find. I left my job that I actually liked (nerdy data stuff, creating financial statements) to do this and I'll never look back.
Thanks!
Thank you Brianna. I hope everything is going great for you! You're beyond generous and I appreciate it.
I love how you explain what the gut instinct of everyone watching this channel has, and present it as normal. Buy a new (used) car, roth convert early and find ways to save on taxes, invest to retier early, ect. It's nice to have common knowledge wise decisions reinforced. Thank you for doing that.
Thank you for taking the time to watch the video and for leaving a positive comment. I'm a good guy for the job because there isn't anything special about me. Just a guy here (:
I like to provide as much transparency as possible to give an idea of what investing 'really' looks like. Not strictly spreadsheets with assumed growth numbers and no life events. Don't get me wrong, I do love my nerdy spreadsheets too!
Just another quality video Jeff! I look forward to your portfolio updates!!
Thank you Tom! I appreciate the kind words and the support. I will keep them coming for many years!
Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week .i started with 3k in last week 2024..... now i just hit $12,590….
Thank you for watching and for the kind words. And WOW, you are building that thing in a hurry. Stay the course and keep profiting!
I’m just starting and I’m much older 😭😭But I’m happy for your progress 😃😃Cheers!
Hey Ron. The fact that you started is 90% of the battle. There are going to be millions of people ahead and behind us. But you are going to kick 'Ron's ass' in the future! That is all that matters (:
My goal is to beat that annoying Jeff Teeples guy! (:
Thanks Jeff. Great overview of your portfolio. Running hard with SCHD, JEPQ, VOO, DIVO, VGT.
Only SCHD & JEPQ are above 5% of total portfolio.
Looking forward to Roth update with JEPQ and also the skinny on QQQM.
Also looking to learn about rebalance of ETF’s each year or quarter.
Please be well. Love your work.
Hey Lance. Hope you're having a great weekend. Thanks for taking the time to watch the video and for the comment.
I'm going to make a separate video altogether to explain my stance on QQQM and JEPQ. It will be too much to explain in a portfolio update. I want the details out there so investors know the pros and cons of these ETFs, and to make it clear why I'm doing what I'm doing.
It's tough because I'll make a video about why I like JEPQ, then everyone says I THOUGH YOU LIKE QQQM!!! Then I make a video about QQQM, and it is the opposite, haha.
I love both for different circumstances.
Excellent monthly recap video Jeff. A great month. QQQ is up 3 days in a row as of 12/13 - all of which were record highs. I'm also re-reading a random walk down Wall Street - what goes MUST come down - history always repeats itself, and that is why your 1/3, 1/3, 1/3 is so smart. As you get older, those thirds will look different - but dang! what a decade. Congrats.
Hey Kent. I appreciate the kind words and I agree with you about the what goes up must come down. The reversion to the mean is going to hit the imbalanced portfolios pretty hard in the coming years. It has been a great decade and I look forward to the next! I wish your portfolio well in the decade ahead as well!
@@JeffTeeplesI just found you on YT last week and have binged watched a bunch of videos. Do you have a Top 20 playlist of videos so I can catch up or just watch them as I go? I’m 43 and not too much in Retirement but I’m a high income earner, my wife as well. I have 3 mo emergency fund and I’m ready to start playing catch up with my 401k. You’re hitting great milestones now I wish I found you sooner when I felt lost in the market. I’ve recently started a vanguard acct buying some Voo, VGT, and SCHD. So much to learn.
Hey Matt. Welcome to the community, I'm glad to have you here. You are hitting the ground running with VOO, VGT, and SCHD. That is my personal favorite mix. Some like to go with SCHG or QQQM instead of, or in addition to, VGT. VGT being 100% technology scares people away. I personally think technology is the future and I'm comfortable with a big chunk of my growth being there.
I have some playlists, but nothing with my top videos. It is more video types (portfolio updates & ETF reviews).
One thing to keep in mind is that VOO is 'about' half growth and half value. It will usually be in the middle of SCHD and VGT in most markets. SCHD is blue chip companies that don't go up and down as much. It has lagged the past couple years, so it gets some hate, but the dividend grows amazingly well and it has performed well historically. VGT is a growth machine, and it has done extra well lately because growth stocks have dominated in general.
I like to keep them all balanced because I know they will all have their runs. I buy the one that is the most beat up at the time to get it back to its target allocation.
I know that is a lot to take it, lol. Welcome!
keep pumping out those financial informational videos Jeff!!!!
Thanks Kevin. I appreciate the support!
Jeff, congrats on your port value. I just hit my thrice updated year end goal for total port of 1.3M, this morning! All goals exceeded for this year. In my Trad IRA, I do have the 3 fund portfolio (SCHD 25%, FTEC 46%, VOO 27.6%) I was pondering if it might be a good time to rebalance to equal weights (33.3%) at age 64. I too am considering some small Roth conversion, as this is a low realized income year for me. Meanwhile, +40.85% YTD! Happy Holidays!
Hey Karl. That is incredible! Congratulations on over 40% returns YTD (wow). I like the third of each category. I'll be getting even a little more conservative as I approach full retirement. I know it won't go to the moon as much, but I'll take the stable gains supported by dividends in down markets. I'll always do a nice mix I'm sure, I'll never go FULL growth or dividends, personally. Like to keep things fairly balanced.
Hey Jeff, always fun watching your breakdowns and comparisons. Should be an interesting year coming up. Looking forward to how we are all affected and wish the best for all your followers who see the benefit of your 3-fund portfolio and build their future using this system. Thanks again.🎉 🎄🥂
Thank you for all the support you've given the channel in 2024 Roy. It has been a fun ride. I look forward to seeing what the future brings. Best wishes to you and yours!
Oh too funny - we just put money down for an SUV for the wife…definitely going to go hurt the NW growth this month (along with a family vacation) … were still a bit off from starting the Roth ladder as I’m still working full time and in much too high of a tax bracket …love to see you thinking ahead and realizing that sometimes its 1 step back/sidewise in order to take 3 steps forward….
Hey Anthony. Thanks for watching and for the comment. Oh man, cars are such a wealth killer. But, safety comes first! It is time for us to bite the bullet (soon anyway, still looking at a few options).
Taking a step back to take 3 forward is definitely the idea here. It hurts to lose the cash for the conversion tax, but I think it will help us get everything converted smoothly in the long-run. I will be sure to stay in the 22% tax bracket with them.
Before you appear in my feed 😅 50% VOO 20% VGT 20% SCHD 10% Vanguard International Stock and IBIT 🙌🏻
Hey Carlos. Thanks for watching and for sharing. I love the mix. To the moon you go! (Over the years by sticking to those great target allocations).
@@JeffTeeplescheers from Portugal
Hi Jeff happy new years brother. Any spoilers alerts for when your next HODL factory video is dropping? My wife and I are building out your spread sheet with a new buy added each month. We are up to the First National Citizens buy and wanted to make sure there wasn’t any big changes up to that point before making the purchase for 2k
Hey Stephen. Thanks for watching and for the kind words. The flip of the year has so many videos I need to update based on things I follow over the years. I think I'll try to do the HODL Factory update for 1/26/2025. No promises though, because it is battling for space with a couple other yearly updates.
You can see my exact holdings at any time with a free google sheet or excel sheet. Link to the sheets is in the video descriptions each week. This will tell you my holdings on a weekly basis. We did make some changes recently.
Next update will have way better tracking data too because I started using (and loving) Snowball Analytics.
@ love it I refer to the spreadsheet periodically. I put all the holdings into my watch list on Schwab and just have been running down the list with a new buy each month
So the hodl factory your trying to beat like SCHD? and pick individual value companies for dividends?
We try to beat VOO, the S&P 500, as our target index. But we want to also outperform SCHD on total returns and dividend growth rates. Basically, we want to do very well! lol.
But the main competition is VOO. And it has been a tough one this year!
@@JeffTeeples Gotcha! Very cool do you have any ETFS in there or trying with individual companies only?
It is 25 individual stocks in there. We have some screens and scoring rules. It's been fun, but many it has been a rough go lately.
Big Moves!
Thank you for watching and for the comments. It is time to start making some big moves to angle for retirement. Take a step back (taxes now) to take 2 steps forward (zero taxes in the future).
Another great video! Thank You. Good stuff! I am a big fan of VGT too. I have
10% VB 10% VUG 10% VGT 30% VOO 20% SCHD
20% VTV. VB VTV SCHD are in my ROTH, VUG VGT VOO IN brokerage.The mix seems to be working so far!🎉
Hey Luka. Thank you for watching and for the kind words. I think you have a great mix going in your Roth and your brokerage. Stay the course with that mix long-term and I bet you'll be a happy camper!
Stupid question, but I just wanted to make sure I follow. For your core portfolio that you've held over the years is the makeup: VOO/VGT/SCHD? Sorry for confusion, but for some reason I thought you were 50/50 VGT/SCHD. Love the videos!
Hey Matt. Not a stupid question at all, thanks for asking. I make videos to compare 50% SCHD + 50% VGT to 100% VOO to show the difference between those mixes. This is because the 50/50 makes up about what VOO is ultimately from a value and growth perspective. However, I actually hold all of them like you said. A third of each is my desired allocations over the years. Therefore, I have the 50/50 mix, within my portfolio, but with VOO as well. It is very confusing so I don't blame you at all (:
@@JeffTeeples thank you so much for the clarification!
Why you get rid of all your Jepq?? Thought it is better than Schd? Your thoughts please
Hey Jeff. I got rid of my JEPQ in the taxable account because I no longer needed it to cover incoming bills. My wife and I recovered a bit after I quit my job. However... Big moves have been made with Roth conversions lately, and there is more to come with that. I think it will start with a 'J', have an 'EP' somewhere in the middle, and a 'Q' somewhere around the end. But that's all I can say for now!
You have great content
Keep up the good work.
Happy 2025
I love these monthly episodes. I have a recurring question maybe you could do a video on. If you have say 1,000,000 in your ETrade ira/brokerage how do only convert 100,000$ yearly into a Roth and gain ground? It seems like you’d never be able to convert the entire balance if the markets returning >10% wouldn’t you need to convert like 20% yearly to a Roth just to make any ground and eventually absolve the entire Ira? Or is the goal just to not have 100% of your funds in the tax delayed accts? Thanks Jeff.
Hey Kevin. Thank you for watching and great observation! It is going to be hard to outpace the gains of the traditional IRAs over time. This is one of the main reasons I decided to start my Roth conversions ASAP. I may get more aggressive with them in the coming years.
My rollover IRA now has $428k in it as I look right now. I would love to get that to $0 in the next 5 to 7 years. If the market crashes, that's great, because I can convert more 'in-kind' assets for a lower tax bill. I'll keep us in the 22% tax bracket each year.
Then it will be all about getting the wife's converted when she retires and mine is all in a Roth that we have access to if needed. If I waited on everything until she retired I don't think we would be able to stay in the 22% tax bracket as easily.
@@JeffTeeplesthanks for the reply. I see why you started converting now. Now I’m considering opening a traditional and Roth acct and funding that first instead of my taxable brokerage. Do you only do a 2 fund portfolio in your E*trade acct? I only see Schd & qqqm/vgt. No S&P funds? Or is your wife’s VOO serving as the 3rd wheel overall? Thanks.
Hey Kevin. I look at it wholistically between my wife and my accounts. Her VOO is 'our' biggest position. Right now we are light on SCHD, which I plan to fix after purchasing the new SUV soon.
I don't have any S&P 500 in E*Trade because it is already our largest, and quickly growing (with huge company matches) every month. We will inevitably get overweight in our 'cornerstone' holding until we can roll her 401k over when she retires (I already rolled mine to E*Trade).
Another great video Jeff. Have you read the book "Die with zero" - by Bill Perkins? $3mil portfolio would be a fantastic achievement - have you covered off in any of your videos how you got to that target retirement figure?
Thanks for watching and for the comment. I have read that book. I thought it had some great stuff in it!
The $3M is a rounded number of what would cover our bills today with my projected portfolio mix in retirement. It accounts for inflation (with a 7 year assumption to get there, so the number is in the 2M (right now)).
We have a 2 and a 4 year old, and a $3k mortgage that will be around for 27 more years (2.75%). Our life circumstances make our number a little higher than a typical 'FIRE' person. This stuff is very personal and there isn't a one size fits all number.
Amazing, happy for your great returns this year. Also appreciate great content that you make and analysis you do. You put your money where your mouth is. I would say, you have done great when it comes to the choices you made. SCHD is a fantastic ETF, as well as VGT. What are your thoughts on these two Avantis funds, AVMV and AVMC. They are similar, one is Mid Cap Equity and the other one is Mid Cap Value. Which one would be your choice if you would have them in your portfolio? I am really curious about them.
Thank you for the kind words. I really do appreciate that awesome feedback.
Hmm, those are new to me. As I look, they *are* fairly new. I like the low expense ratios and I think Avantis is really good in general. AVUV is my favorite small-cap value ETF. It looks like these mid-cap funds take a similar approach to AVUV. Very balanced and well spread out top holdings is nice. They don't put a lot of weight in any one basket. I know they are 'actively managed' funds, but I'm 99% sure they are technically passively managed internally with screens and scoring systems. This is great because it takes the gut calls out of the performance long-term. Just high quality mid-cap stocks being fed in.
Again, I don't specifically know these funds and there isn't enough history for me to make a call about them with conviction, but I like what I see early on.
If I were to add them, I think I would slot them next to SCHD (same concept as AVUV for me). Or, I would make room for a new category (keeping growth, value, and cornerstone the same proportionally and making room for these new ones.
@JeffTeeples Yes, they're very similar to AVUV. Would a Mid Cap Blend be better than a Mid Cap Value that would be my question?
I think both would be fine, but I would lean to mid-cap value, personally. I think we have been on a massive growth run. The reversion to the mean will happen eventually, we just don't know exactly win.
@JeffTeeples Thanks for the reply. Both look fine, both are more tilted towards value but AVMV is pure value. I might consider it after a while.
@jeff, have been watching your videos every week religiously. Learnt a lot from you. We are in the same age as you and working towards early retirement. Have a couple of questions and it will be great if you can address them in later videos or point me to videos if you have already done it.
1. Your portfolio doesn’t have any 529 plan for kids. Is that something you track outside of this?
2. How did you come up with retirement nestegg value of 3 million? Is it just 25x annual expenses roughly based on 4% rule?
3. Do you assume mortgage is paid off for the retirement nest egg math?
Hi Anuradha! Thank you for watching the videos & for all of your support for the channel. I appreciate it!
1. I don't do 529 plans because I live in a State (WA) that doesn't have great advantages for them. I prefer to focus on the 401k for tax deductions & the HSA. In a world where I had a TON of income I may do the 529 here.
3. We will not have our mortgage paid off for another 27 years. It is at 2.75% on a 30 year, and I invest every extra dollar before making an extra payment. This extra cost (~3k per month plus other invisible house costs) + needing to buy health insurance for the family leads into...
2. $3M is a good round number that produces the income level we would need to replace our current jobs and live the same lifestyle. Well, I am accounting for inflation in the figure (it is 2.XM in today's dollars). My mix will be JEPQ and SCHD in retirement (as the primary holdings) and I ran the calculations of what we would need in 7 years to live like we live now. I didn't use the 25x for the 4% rule, although ironically, I came out the same (:
3662 monthly investment holy smokes god bless you and Mrs. Teeples!
Haha, thanks Oldrin. A lot of that is thanks to her company! But we do still put in ~$2k of our own 'net paychecks' each month.
@@JeffTeeples Amazing! Very happy for your success!
Great video, Jeff! Congratulations on the new ATH! I see you have VUG in your HSA. I'd love to hear your thoughts on that. Do you anticipate using that when you retire (say in 7ish years) or are you planning on letting it grow until late stage when health care costs typically spike? What investments would you hold in that under the first scenario (use it throughout retirement) vs second scenario (grow it until healthcare costs spike)?
Hey Eric. Thanks for watching and for the question about VUG. It is the best available ETF in our HSA with Health Equity. They don't offer any low-cost S&P 500 funds there. It's okay though, because I balance our 'overall portfolio' at a high level. VUG is grouped with VGT and QQQM when it comes to purchasing decisions (all feed the growth section). Plus, as a bonus, it has actually outperformed all of my holdings this year *shrug.
I look at HSA in a unique lens compared to most min/maxers. The age limits, inheritance rules, and some little things are inferior to traditional and Roth IRAs. They are very powerful triple tax advantage vehicles, but I do think people overrate them a touch.
We max ours out (because again, it really is great) every year to the family amount. We actually pay medical bills with it (most of the time). It's basically the same triple tax advantage (never paid a penny and the bill is covered 100% tax free). We will leave it invested in VUG and let it compound until we use it. Ultimately, when we are older, I would prefer it to get to zero and the Roth to go to the moon. The compound opportunity cost with my portfolio value leans towards HSA losing more money at the end of the day (thinking ahead to my kids when I'm gone).
Honestly, all these accounts are great and there is no one way to do this stuff.
Thank you for your insights (as always),@@JeffTeeples - if you're running low on content ideas, a deeper dive on this topic would be very welcome!
When and how are you making contributions? Weekly? Monthly at beginning or end? Are you using any technical analysis to determine buying points? Love the transparency and clear explanations. Thanks 🙏
Hey Josh. Thank you for the kind words and for the question. I buy on a weekly basis when I have money to put in. Every Monday. I don't always have money anymore since quitting my job to start this channel (my wife funds her HSA and 401k, but we don't have any extra to invest usually).
When we do have money to put into the market, I buy the position that is the furthest away from its target allocation. Lately, I've purchased SCHD the most because VGT has been going to the moon by comparison.
@@JeffTeeples Thanks for the reply! I knew you were re-balancing, but didn't know if you were using some formal process to enter new positions. I have a mate who buys some every Tuesday, says it's the best thing he has done this year; also transitioning to retirement soon. I've been considering how to implement a consistent buying process in my own portfolio of SCHD/XLK.
Love the updates Jeff. Looking forward to the Roth conversion insights (2026 to start mine - probably need all 8 years before SS). Curious to hear what new SUV you get - still chugging along in my 2008 MDX with 203k but wife’s 2016 Sequoia does the hard road trip miles now.
Thank you for taking the time to watch the video and for the kind words. I'll detail out more information about the Roth conversions with future videos as I get deeper into the ladder.
For the SUV, we are looking at Pilots, Highlanders, Tellurides, Explorers, and a few others. My wife wants the captain chairs, so we need a bigger ride. It makes sense because we have a 2 and 4 year old to haul around the next 7 to 10 years in whatever we buy. We're not looking for anything fancy because we know the car will get beat up quite a bit by the little rebels.
I'll be sure to sneak in what we get into the next (hopefully) portfolio update.
Do you have the Same data if you had gone SCHD AND QQQM vs VOO in those time periods
Hey Jeff. QQQM has been awesome as well. The SCHD + QQQM (or QQQ before QQQM) also beats VOO.
VGT has been quite a bit better in my timeline, but both solid. Here is the 10 year total return (these are my two favorite growth ETFs):
VGT: 574.41%
QQQ: 449.45%
Can't argue with either one. Both rock solid.
Doing the back door Roth conversions, is there a way to have your broker take out and paid federal taxes in advance? Just so you don't own a huge amount, when you do your taxes. I know they charge interest on the money you own, if its over a certain amount?
Hey Michael. E*Trade had an option to withhold some tax money within the conversion. I selected 0% and will true up when I file taxes.
The nice thing about Roth conversions is that they don't have that penalty interest attached to them. Our regular earnings get the penalty if we undershoot it in a specific quarter. I've been there done that.
But Roth conversions are owed at the time of filing in April and will not be penalized. At least, that is my understanding. Not sure if anything has changed recently.
@JeffTeeples Thanks Jeff, when it comes time for us to start our conversions, I will need to look into that to make sure it is exempt from interest fees. I did not know that if your correct.
What are you going to do with the funds from QQQM? I’m thinking of selling mine and putting into SCHG.
Hey Jonathan. I have to keep this one quiet for a couple of weeks. The good news is that I'll have a specific video to address it before my next portfolio update (:
Mate for us non-US based viewers can you give me a one sentence primer on what a Roth conversion is? I think Roth is an after tax, tax sheltered account... so I'm assuming you can convert from a pre-tax account to a Roth, but have to pay some taxes to do it?
I'm lucky, my two jurisdictions both tax retirement funds the same - they don't. Pre tax dollars go in and it's not taxable when it comes out (but can't come out until age 60).
Hey Bryan. You nailed it! A Roth Conversion allows us to convert our money from a pre-tax account (commonly a traditional IRA) to a Roth IRA.
There are no limits to how much you can convert. BUT, the conversion will add to your taxable income. It's as if you made that much more money from your job that year. It is common to make the Roth conversions over many years to take advantage of the lower tax brackets with our progressive tax system.
Can HSA accounts have beneficiaries and can the HSA money be passed on to them without any tax consequences?
Thanks for watching and great question. Unless it is a spouse, the rules for HSA inheritance suck. The kids will have to withdraw the funds and pay income tax that year. I plan to spend my HSA as we go for the triple tax advantage. No min-maxing for me on this one. It is a great account, and we max it every year, but it is lame compared to retirement accounts when it comes to age limits, taxes for heirs, and other little things.
@@JeffTeeples OK, i wont let my HSA account grow to a billion dollars then 🙂
Why VGT and not SCHG? The expense ratio?
Hey Mitchell. I think both of the ETFs are fantastic. I like VGT better than SCHG because I'm a major tech bull (in the future). But I think SCHG and QQQM are the two best multi-sector growth ETFs. Can't go wrong with SCHG long-term.
@@JeffTeeples The portfolios of the two are just about the same. So I'm staying with SCHG .04% expense ratio vs. .10% for VGT. Why pay more.
I think sticking with SCHG is a great idea. But I would say more if you believe in 50% tech over 100% tech. 6 basis points won't move the needle too much, but the portfolio comps will. For example, VGT has outperformed SCHG by 189.36% in the past 10 years, and that includes the 6 basis points (which will be a tiny bit for both, think SPY vs VOO).
Now, with SPY vs VOO, VOO makes a lot of sense because it is investing in the exact same thing, the S&P 500. So why not shave a few basis points and win for sure with VOO.
SCHG has been great this year, and it may win the next 10 years. I think it's a fine pick, but that is based on the holdings and methodology.
I'm only at 1500$ but I'm at the very beginning of my serious investment journey.
Love it Michael. Seeing people get started is the thing that fires me up the most! It's the hardest step. Once you start, there is nowhere to go but up! Thank you for watching and for leaving a comment.
I prefer to hold the Bitcoin directly as it is the scarce asset.
Thanks for watching and for the comment. I respect this. I think there are pros and cons of holding BTC directly or through ETFs. I think that ETFs are safer all things considered. But I don't think it is a home run.
What do you mean 400 still needs to converted??
Thanks for watching and for the question. After the Roth conversion I did this year, I still have over $400k in my traditional IRA that ultimately needs to be converted to my Roth IRA (428k as of right now).
@JeffTeeples so you made some gains in traditional and you can convert?? I'm new to these IRA accounts.
Oh man, I just ty ped a long reply and then accidentally hit cancel, lol. That's right. It can grow in a traditional or a Roth.
It's nice because you can do the conversion 'in-kind'. Meaning you don't have to sell your ETF, move the cash over to Roth with a conversion, and then re-buy the ETF. In my case, I converted 432 shares of QQQM 'in-kind' from a traditional IRA to a Roth IRA.
So the 432 shares have the exact same value. I cover the tax bill out of my cash from my taxable account. The in-kind conversion makes it super easy. Select the shares you want to convert and then hit go (on E*Trade that is).
What do you think of VMFXX instead of BND for the 40% of your “bond” part of your portfolio since it has never broken the buck?
Thank you for watching and for the question.
I like to have VMFXX as most of my 'cash equivalents' within my portfolio. I like to keep that around 10%. If it gets higher than 10%, it means I need to deploy more in my ETFs. If it gets lower than 10%, I know I need to put away more in VMFXX because my equities have gone up.
I will never have bonds in my portfolio. They have lost money for DCA investors 100% of the time for over 100 years. There is not a single cherry picked timeline that shows anything different (over an investing career).
Equities have a 10% mean > bonds have a 5% mean (100+ years of data). Reversions come and go, but 10% will always be higher than 5% over many decades.
Lending money can never compete with owning a business. It's just how this stuff works. I have a video series planned for the next 10+ years to show this unplay.
It's funny, because when equities fall, and bonds 'win' a 3, 5, or 10 year stretch, that is actually when equities severely win for a DCA investor.
@ Thanks for your quick and detailed response. I am just getting close to retirement and would be nervous about having 90% in equities, but I do agree with your disdain for bonds, hence VMFXX as my compromise as the combination of “bonds”, liquid assets, and emergency account.
Thanks for the update video, Jeff! Hey, when you retire, you aren’t going to quit UA-cam and leave us all hanging are you?
Haha, definitely not! I'll be here for many years to come. I will always make 'at least' a monthly portfolio update video even in full retirement (after my wife is done). But until then, likely 7 years, I'll be here most weeks on Sunday!
How do you feel about semi conductor ETFs like smh and soxx/q
Hey Shannon. Thanks for watching and for the question. I think the semi-conductor ETFs are a solid investment. They have performed amazingly well over the past decade and then some, and I think they will likely do well in the future.
They are too concentrated for me, personally. I roll with VGT to get a chunk of all tech (including semi) at a higher level. Something like SMH having 25 holdings that are all semi-conductor makes me worry a little bit. I don't know what the next breakthrough will be, but I know VGT will likely hold it (:
I see most of your funds 😢overlap each other that’s the only issue I have with your portfolio
Thanks for watching the video. I'm going to make a video to explain how overlap works in the near future. It is a commonly misunderstood concept.
Having so much allocation in SCHG made the portfolio not win and most likely next year too
SCHD was the drag on the total returns this year for sure. I don't have a crystal ball for the future. I'll continue with my balance that has allowed me to outperform the market for a decade (: I think we will see a reversion to the mean, I just have no clue when it will happen.
If you're all growth, I wish you the best. But I've seen this song and dance before. Stay the course no matter what. Stick to the system that works for you.
@JeffTeeples I agree Jeff.ill stay with the course since I'm just 28 and thinking of investing in a long term.I will consider SCHG JEPQ NEAR retirement.Thanks for posting such outstanding videos. I appreciate your feedback.
I just reached 110k thanks to your videos. 93k in FSPGX, 8k in roth ira and 7k in nvidia
Daaaaang. You are absolutely killing it for 28. I'm retroactively jealous (: 42 here. Stay the course and keep that thing going.
I know I'm a broken record, but when the market crashes keep pumping money in and don't sell. Your future self will thank you.
@JeffTeeples will do ,thanks a lot, and I'm looking forward to keep getting knowledge from your videos
I would not allocate schd because it'll will underperforme QQQM AND THE MARKET and you still have to pay taxes of those 3.3 percent return. I would consider it near retirement
Recency bias - SCHD outperformed QQQM in 2021, 2022 and 2023.
Hey Sandy. I respect that opinion. It has been one of the craziest bull runs in market history, though, over the past decade+. Zoom out 100+ years and value (SCHD) has outperformed the market. But, in the past 40 years, you are spot on. Who knows what the next decade will bring. Stay the course and I think any (well, any reasonable) strategy will work. It's our emotions and market timing that get us in trouble.
Thanks!
Thank you Travis! I appreciate you taking the time to watch the video and for leaving the very generous 'super thanks'! That is above and beyond. I hope to see you around in the community!