TL, DR: I knew very little about investing but have a lot saved. I’ve read Personal Investing Missing Manual, listened to Ari Taublieb’s Early Retirement Podcast, and try to read Kiplinger Investing for Income but I find most of it goes over my head. What else should I be reading, podcasts to check out, etc?
Long version: My wife and I (mid 30s) are pretty frugal relative to our salaries and we’ve both saved aggressively for as long as we have earned income even before we met each other. I would like to retire around 2040 and I think we’re on track. Earlier would be nicer since I don’t love my job, but we also have kids, and we’re behind in the real estate department as we only recently bought a house. Slightly less than half of our portfolio is in retirement accounts and the rest in brokerage accounts. Our brokerage accounts are a few stocks and like 98% ETFs that my father-in-law recommended. We were very fortunate to have his guidance and we have had some modest growth since we started our joint brokerage account (about 12% annualized ROI). We recently hit a big savings milestone, so I’ve taken a bigger interest in learning about investing and I know he isn’t going to be around to help us forever. Despite saving a lot, I really don’t know that much about investing strategies. I recently read Personal Investing: The Missing Manual. I think it gave me a good grasp on the fundamental concepts, but not specific strategies. I recently binged most of the Early Retirement podcast with Ari Taublieb. Really good info that is expanding my knowledge of big picture plan and tricks of the trade (Roth conversions etc), but still not very specific knowledge as far as where I should put my money. I also subscribed to Kiplinger Investing for Income. These are almost Greek to me, but I have learned a few things like what an REIT is and I try to research other things I’m clueless about. So I feel like I need some more intermediate knowledge to better understand the Kiplinger level. Where do I go from here? Obviously a financial advisor is an option, but Im skeptical that they’re worth it with everything I’ve read about a diversified portfolio with low fees being suitable for most people. I also like learning and would prefer to do it on my own. So what else is a must-read read, or listen to? Thanks!
Submitted November 02, 2023 at 01:41AM by 6Nameless6Ghoul6 https://ift.tt/80lXvdn
