Where it is right now Investing Strategy Wise

The investing sites, for employer 401(k) always seem to have tools and quizzes to assist in how someone invests.

For the current one I am on (Vanguard) it has some tools to help someone decide, based on answering some questions, the mix of investments that matches what is answered.

So I did that questionnaire and it came back saying I should invest thus

Copied from Vanguard:

Here's your recommended investment mix:
30.0% Stocks
 70.0% Bonds
 0.0% Short-term reserves


And here is where I am actually at
Your current investment mix
How existing money in your account is invested
 94.8% Stocks
 5.1% Bonds
 0.1% Short-term reserves


A huge difference

So yesterday I found a tool in the site that shows how, historically, my mix would have done, the Portfolio Analysis

This is total bonus gold as it gives me a good, theoretical, idea how the future may progress. There has been TONS of volatility in the past so this is a good thing for me.

Copied from Vanguard:
Risk/return allocation analysis
This is how a model asset allocation similar to yours performed over a historical time frame.

Historical risk/return (1926–2014)
Average return 10.1%
Best year 51.6% (1933)
Worst year –40.7% (1931)
Years with a loss 25 of 89 (28.1%)
info These returns are based on broad market indexes; the returns of your holdings might have been more volatile.


The only allocation analysis that performed better in the historical was a fully stock allocation and it had an Average return of 10.2%.
Not a large difference and I like the fact I have diversity beyond 100% stock in there. Not a huge amount of diversity at this moment, but my allocations are now set to diversify and have more index funds in them than even a year ago.

Go see if your investment website gives you something similar to analyze how you are and could be doing, and so help yourself out.

Welcome to my Journey to over a Million Net Worth

Target Date January 1, 2023
Goal: 1 Million Dollars in Networth
Path being Taken: Investing, Trading, Part Time Writing, Part Time Job, and a Full Time Job

Welcome to all that pass this way.

This is the record of my journey to break a Million in Net Worth within 8 years (Hint by the time I reach Age 60).

So this will be a record of my successes and the inevitable setbacks, as well as a progress report to keep myself on track and focused.

Note: I also plan to use this as a teaching/coaching/educational tool for those reading along with me so hopefully it will inspire and aid them in their own financial quests.


So Why A Million in Net Worth?
As good a number as any. When I reach it by age 60 then shortly after that my Retirement Check courtesy of the US Naval Reserves kicks in, eligible for Social Security a few years later, my wife is 4 years older so we can claim at similar times. To supplement what will be in our funds then, both our retirements along with what I am going to generate between now and then.

Where I am right now

In my Employers Fund here are the relevant stats covering 2.25 years working there

Beginning balance	$0.00
Net transactions	$9,953.79
Investment return	$849.50
Ending balance	$10,803.29

Comes out to be a nice little 8.5% Return over 2 years.With a little more diversification I figure I will be able to average at least 10% in an overall rate.
Note: Will be fully Vested in approximately 3.75 years at which I am estimating about 21,000 total at current rates.

My wife has more in her 401 but a much lower Rate of Return based on the funds available in her plan to select from. Best case there is almost 2%, no where near an acceptable number, and little that can be done about it at this time.

What Experiences I bring to the Table in this Endeavor:
Family: Both of my parents had been in Life Insurance, Real Estate, and Advising. My father ended up in Investment Advising and my mother is still in the Mental Health counseling field.

My youngest brother is working at one of the major financial firms, call center support of day traders and similar investors. He is sporting multiple financial services licenses.

Myself: I have done Career Counseling, not the same but some items can port over, as well as HR and Payroll, Benefits, Plan Coordination at a prior employer, and a very vested interest in success. I currently have a 4-40 RCSR Property Casualty license and working on several others in conjunction with this.


So I look forward to taking anyone interested along on this trip. I will post decisions, reference materials in making my decisions, wins and losses, as well as lessons learned.

Lets Go for It,

TadK


PS: The name of this blog comes from my initial deposit into my new brokerage account. I had $28 available so I started it off with that amount. Still need to exceed $3,000 to start placing my trades, but it has begun.