[serious]ask me about personal finance

[Litodude]

Originally Posted by Reincarnate

To those that invest in 401k's / Roth IRA's, what are your fund choices and why?

I use Vanguard: VFINX. It almost perfectly replicates the S&P500. My other, VTIVX: Target retirement date date 2045; actively moves my money from high risk to low risk. Current returns YTD, 26.22% and 20.27%, respectively. Both have low expenses of .17% and 18%, respectively. Edit- The funds in VFINX was actually in another fund, an REIT, as I was hopeful to get massive returns as the housing market picks up. But that hasn't been the case (it would have only been 6% YTD) so I moved my money earlier this year.

13.8% gain overall, starting from last year.

Originally Posted by ffr212

What is the highest rate of interest growth I can milk out of my bank? I currently have an extremely low APY in my savings and want more because I'm greedy as fuck.

Depends on your bank. Probably like 1% assuming you have 125k or something. Rates are low. Move your liquid into something else. Make your money make money.