Set it and forget it?

[johnw91]

Hey guys,

I have been messing around in the stock market for about a year now. I've turned a decent profit, also made some bad calls , but at least I haven't tanked. That being said, I am kinda tired of messing around in it and I have a decent bit of money in it currently. I would like to start transferring some of my stocks into safer, long term growth options that either through dividends or over time growth will make money, but have less risk. Basically want to set it and forget about it for awhile.

What are some options you all suggest? I know ETFs, mutual funds, etc are the categories I need to be looking at, but anything specifically you all have faith in?

[idbefishing]

This is Apple. It doesn’t get much better and easier than this.
https://www.tradingview.com/x/KYMt2E66/

[idbefishing]

Like Forest Gump said “Lt. Dan got us invested in some fruit company. He said we ain’t got to worry about money no more”

[digthemup]

Hey guys,

I have been messing around in the stock market for about a year now. I've turned a decent profit, also made some bad calls , but at least I haven't tanked. That being said, I am kinda tired of messing around in it and I have a decent bit of money in it currently. I would like to start transferring some of my stocks into safer, long term growth options that either through dividends or over time growth will make money, but have less risk. Basically want to set it and forget about it for awhile.

What are some options you all suggest? I know ETFs, mutual funds, etc are the categories I need to be looking at, but anything specifically you all have faith in?

John,
These are some of my current funds, and risk is in descending order as profits decrease:
Columbia Flex Cap Income- CFIAX up 29%
Fidelity 500 Index up 24%
T Rowe Price Div Growth - PRDGX up 19%
Hartford Core Equity Fund - HAIAX up 17.75%
Columbia Income Buider- RBBAX up 10.3%
Dodge & Cox Income fund - DODIX up 6.3%

If you would like, I can suggest some with higher returns, however, the risk goes up as the possibility of return does.

[GJA]

John,
These are some of my current funds, and risk is in descending order as profits decrease:
Columbia Flex Cap Income- CFIAX up 29%
Fidelity 500 Index up 24%
T Rowe Price Div Growth - PRDGX up 19%
Hartford Core Equity Fund - HAIAX up 17.75%
Columbia Income Buider- RBBAX up 10.3%
Dodge & Cox Income fund - DODIX up 6.3%

If you would like, I can suggest some with higher returns, however, the risk goes up as the possibility of return does.

Those are good choices, I have some of those listed as well as aristocrat stocks that pay dividends (and compound them) which for the most part are less risk but keep an eye on them anyway...

Good luck!

[NitroZ7]

If you are looking for something like a balanced fund that is comprised of something like 60/40 stocks and bonds the Vanguard has a pretty good one VBAIX. Otherwise you can make it really simple with SPY or make it more complex by adding a few mutual funds or ETFS mixed between large, mid and small caps. I have a lot of my passive accounts in Dividend Growth funds. It is sort of a sweet spot. Not high yielding but you get some dividends and companies who have decent growth so you could potentially get some capital appreciation. You can reinvest the dividends also if you really just want to set it and forget it. You can go to Morningstar and they have some ratings on different funds with descriptions which may be helpful.

[digthemup]

Nitro,
that is what basically Dodge & Cox Income is a dividend growth that I have it set up for reinvest. It's not to have not to worry about it with all the other positions that are driving dizzy.

BTW, Vanguard VBAIX is nice, but Columbia Balanced CBLAX is much cheaper and same return 15.7%

[NitroZ7]

Nitro,
that is what basically Dodge & Cox Income is a dividend growth that I have it set up for reinvest. It's not to have not to worry about it with all the other positions that are driving dizzy.

BTW, Vanguard VBAIX is nice, but Columbia Balanced CBLAX is much cheaper and same return 15.7%

I also added JEPI to my passive account. It sort of tracks the S&P but it provides more income but less volatility since they use options to create premium and equity linked notes. I use that for my higher income segment. I think it is paying close tp 7% and pays monthly.

[IMhooked]

If you are looking for something like a balanced fund that is comprised of something like 60/40 stocks and bonds the Vanguard has a pretty good one VBAIX. Otherwise you can make it really simple with SPY or make it more complex by adding a few mutual funds or ETFS mixed between large, mid and small caps. I have a lot of my passive accounts in Dividend Growth funds. It is sort of a sweet spot. Not high yielding but you get some dividends and companies who have decent growth so you could potentially get some capital appreciation. You can reinvest the dividends also if you really just want to set it and forget it. You can go to Morningstar and they have some ratings on different funds with descriptions which may be helpful.

VBAIX- .06% expense ratio, 37% portfolio turnover VBAIX 12b-1 distribution fee is 0. VBAIX front-end sales load is 0. VBAIX back-end sales load is 0.
CBLAX- .95% expense ratio, 140% portfolio turnover CBLAX 12b-1 distribution fee is .25% front-end sales load is 5.75% and back end sales load is 0. ** Their number 1 holding 5.97% is in their own short term cash "fund".

How is this a cheaper fund to own?

[NitroZ7]

VBAIX- .06% expense ratio, 37% portfolio turnover VBAIX 12b-1 distribution fee is 0. VBAIX front-end sales load is 0. VBAIX back-end sales load is 0.
CBLAX- .95% expense ratio, 140% portfolio turnover CBLAX 12b-1 distribution fee is .25% front-end sales load is 5.75% and back end sales load is 0. ** Their number 1 holding 5.97% is in their own short term cash "fund".

How is this a cheaper fund to own?

It isn't. I think you meant to reply to the other poster.

[IMhooked]

Yes Nitro! Meant to pull digthemup's post. You got me <<---These aren't adult beverages by the way.....they're Pepsi. Congrats on grabbing some shares recently as indicated by your other post!

[NitroZ7]

Yes Nitro! Meant to pull digthemup's post. You got me <<---These aren't adult beverages by the way.....they're Pepsi. Congrats on grabbing some shares recently as indicated by your other post!

I should but some beer stocks Monday so I can get some of the money I spend back in a dividend

[Bsktball55]

I'm a big fan of my vanguard funds right now. Been doing really well with them the past 5 years. I currently have vgt and vht. Vgt is a tech fund with apple and Microsoft etc. Vht is a Healthcare fund.

[GJA]

I also added JEPI to my passive account. It sort of tracks the S&P but it provides more income but less volatility since they use options to create premium and equity linked notes. I use that for my higher income segment. I think it is paying close tp 7% and pays monthly.

Nitro,

That JEPI looks really good!

Thanks!

Good luck!

[BoilermakerZ519]

VBAIX- .06% expense ratio, 37% portfolio turnover VBAIX 12b-1 distribution fee is 0. VBAIX front-end sales load is 0. VBAIX back-end sales load is 0.
CBLAX- .95% expense ratio, 140% portfolio turnover CBLAX 12b-1 distribution fee is .25% front-end sales load is 5.75% and back end sales load is 0. ** Their number 1 holding 5.97% is in their own short term cash "fund".

How is this a cheaper fund to own?

I wondered the same thing....it’s not even close.

[digthemup]

VBAIX- .06% expense ratio, 37% portfolio turnover VBAIX 12b-1 distribution fee is 0. VBAIX front-end sales load is 0. VBAIX back-end sales load is 0.
CBLAX- .95% expense ratio, 140% portfolio turnover CBLAX 12b-1 distribution fee is .25% front-end sales load is 5.75% and back end sales load is 0. ** Their number 1 holding 5.97% is in their own short term cash "fund".

How is this a cheaper fund to own?

BTW, I was referring to the % of return as being similar.

[BoilermakerZ519]

BTW, I was referring to the % of return as being similar.

Thanks for that clarification. I would rarely if ever recommend a loaded fund or a fund with high fees. Just too many no load low cost funds available. Sure some of the loaded funds might outperform but that is far from guaranteed. The costs from loads, turnover, fees however remain as headwinds YOY. Hard pass.

[digthemup]

Thanks for that clarification. I would rarely if ever recommend a loaded fund or a fund with high fees. Just too many no load low cost funds available. Sure some of the loaded funds might outperform but that is far from guaranteed. The costs from loads, turnover, fees however remain as headwinds YOY. Hard pass.

Boilermaker,
I have all my investments with Fidelity, and everything I buy through them is a NTF and offered load-waived through Fidelity.
I like VBAIX, and just started a small position into it of 10K, and go from there.

[BoilermakerZ519]

Boilermaker,
I have all my investments with Fidelity, and everything I buy through them is a NTF and offered load-waived through Fidelity.
I like VBAIX, and just started a small position into it of 10K, and go from there.

Excellent...I have never regretted choosing a low cost fund over a higher cost one. I can’t say the opposite is true! I do hold some actively managed funds but they are few and far between.

[digthemup]

Excellent...I have never regretted choosing a low cost fund over a higher cost one. I can’t say the opposite is true! I do hold some actively managed funds but they are few and far between.

I am with you about the cost, and I do my own managing, since I have been doing it for many yrs while enjoying the challenge.