r/VTandchill

Probably many people asked that before. But I dropped out from college for not studying much, I only have money that I won't be using. I am in a crisis now and I guess I will be just traveling around with a backpack from now on. Can I just blindy put the money into VT? This sounds too good to be true. Also I'm not an US citizen, how much paperwork will I receive when I take the money out?

I have one kid, 13 years old. I have been putting aside $1k each month in her 529 for many years. I think that bucket is sufficiently funded at this point and I do not want to contribute any more to it. I am thinking of opening a post tax investment account in my name to put aside $1-1.5k each month to eventually help her later in life, e.g., down payment on a house or pay additional college expenses. I will not need to touch this money for about 8-10 years.
I would like to know from the group on your recommendations on how to allocate this money. Should I just do VT and chill or my case need a different strategy. I have chosen age based target fund for her 529 so I am assuming they will get more conservative as she get closer to college age. Thanks in advance.

I'm a 38 year old lyft driver with only 30k savings because of a bad habit in gambling some time ago. I make 300 dollars a day minus expenses and I've been subverting 85 daily into VT including weekends. I'm not in the best position even though I do not have children. I'm thinking of putting a good chunk of my songs into VT and to continue DCAing. Being high risk adverse this investment makes me feel the best. Any others happy with their VT investment?

I also fell into crypto in 2017 where I made money two years later but after that its been a bloodbath and led me to gambling instead of wise investing. I'm afraid I let my brother in law down by not speaking out against crypto and telling him the more wise investment approach. He also had lucky strikes but I think it's a zero sum game.

I wonder why its so hard for people and I'm talking about myself to listen to the the more experienced investors when they say invest in index funds.

For the last 5 years or so (since the birth of my grandchild) I’ve contributed $5 a day (cost of a Starbucks coffee, basically) to an E\*trade account, and I buy VTI when I’m able. I don’t check it, I don’t worry about it, I don’t move it. I set up a 2nd account about 6 months ago and did the same when my 2nd grandchild was born. Obviously I’m buying less VTI because it takes longer to accumulate the cost of a share. That is the extent of my investments.

Recently, I got access to approximately 100k, and since I have no immediate needs, I considered just buying VTI or VT and leaving it.

At current prices, is that crazy, stupid, practical, or something else?

So I have more than 30% of my portfolio sitting in taxable account in VTI., something I built up over6 last 10+ yrs. I am now convinced that VT is a better choice for me but I can't convert to VT without tax penalty. So I started to buy VXUS to compliment my VTI.

Any other better idea?

There’s website called “VGTtimes” that from what I’ve looked up looks legit but I’d like other peoples opinions as well.