Is resale inventory going down or just the site I look at most?

[Chili327]

cash out my high quality index funds to rush into more VGF.

VTI, VTSAX, and VGF…it has a nice ring to it!

May as well throw VUSXX, VLU, VGC, and VXF on that list of extremely responsible investments as well.

Is there some reason they all start with a V?
I think mine is FDFIX am I in the wrong stuff??

 

[atthebeachclub]

Is there some reason they all start with a V?
I think mine is FDFIX am I in the wrong stuff??

Yes; because they are Vanguard funds. FDFIX is a Fidelity fund. I like FZROX at Fidelity. Also it’s easy to remember the name. But your fund is fine!

 

[stat]

Is there some reason they all start with a V?
I think mine is FDFIX am I in the wrong stuff??

No you're good, the V's mean they're from Vanguard, one of the most popular index and mutual fund providers. Yours is from Fidelity and is essentially the same thing (tracks the S&P 500).

 

[HyperspaceMountainPilot]

No you're good, the V's mean they're from Vanguard, one of the most popular index and mutual fund providers. Yours is from Fidelity and is essentially the same thing (tracks the S&P 500).

Yes, they start with V because they are vanguard funds but also because it’s easier to sneak in VGC and VGF.

 

[VGCgroupie]

Im curious what others think about this. My gut says BLT wont be staying this low. But I am brand new here and Im possibly totally wrong.

So I did the math and BLT has went up 6.68% per year (106.81% over the life). Aulani 5.02% per year (70.30% over the life). BLT has 2 years more data on AUL. So Aul needs only a 3.4% more of an increase hike over BLT to be matched.
@Chili327 @CastAStone

BLT is a tower which has pros and cons. There’s virtually no landscaping or common areas to maintain compared to most of the other DVCs. The rooms heat and cool one another which would save on utilities*. They don’t have to pay for multiple bus stops or as much security. Housekeeping isn’t spending time going building to building.

OTOH refurbishments in towers are MUCH more expensive. Exterior work requires cranes, not scaffolding and ladders. HVAC maintenance is more complicated. Plumbing problems are more disastrous.

There’s a reason most hotels are a few stories tall and no taller. According to a NPR segment I heard several years ago, peak hotel efficiency is between 3 and 5 floors, depending on codes, state worker safety laws, etc.

All that said I see no real reason to think BLT would be any more at risk of increasing costs than any other resort. Those things I listed above should all be known already. It really depends what costs increase more than others in the future. BLT is more susceptible to construction/renovation costs; a resort like SSR is more susceptible to the cost of daily labor.



*the mostly glass exterior in the Florida sun may negate this benefit.

I started a thread with some numbers and to get some more input on Aul. If anyone knows if my numbers are accurate it would be you.

https://www.disboards.com/threads/t...y-increase-like-vb-hhi.3949917/#post-65608831
@Chili327

 

[AstroBlasters]

Is there some reason they all start with a V?
I think mine is FDFIX am I in the wrong stuff??

People like paying the higher expense ratios of Vanguards index funds….

 

[Chili327]

Thanks all.!!

People like paying the higher expense ratios of Vanguards index funds….

Mine is a FidelityGO, so its just automated (probably costs more than needed, for piece of mind, since I don't know what I'm doing. lol), which my plan is to leave there until it reaches a certain amount, then start another, or move it is better I guess, but id probably stay with Fidelity. Is there a thread somewhere with this stuff, might be some good info, or maybe make it more confusing. lol

 

[Jack Kerouac]

Oh, interesting. I definitely have wondered if maybe some people money launder through DVC. It seems even less regulated than the housing market, which seems pretty Wild West if not using a lender.

Once we see Roaring Kitty put a post on X about VGF, we'll know DVC is blowing up, Russian oligarchs are laundering, etc...

 

[Jack Kerouac]

Thanks all.!!


Mine is a FidelityGO, so its just automated (probably costs more than needed, for piece of mind, since I don't know what I'm doing. lol), which my plan is to leave there until it reaches a certain amount, then start another, or move it is better I guess, but id probably stay with Fidelity. Is there a thread somewhere with this stuff, might be some good info, or maybe make it more confusing. lol

Edited.

 

[CourtneyAshley]

I work in finance, as do my brothers and our dad. All of our personal accounts are at Fidelity. Also, my DVC/WDW savings are at Fidelity, so...

However, Fidelity is just an investing platform, so it matters what you invest in. If you're not at Fidelity, most platforms should be offering around 5% on your cash. I can't recommend anything investment-wise due to my job, but look at the major indexes, funds that replicate them, and charge very low fees.

If you have non-IRA funds, invest in ETFs, not mutual funds. At this point, Vanguard, Fidelity, and BlackRock all offer ETF versions of their mutual funds.

Finding an account at around 5% isn’t the easiest. I actually ended up finding one recently on an app that is fdic protected

 

[tx911]

People like paying the higher expense ratios of Vanguards index funds….

I'm waiting for you to tell us who has the lowest fees so I can stop throwing money away

 

[AstroBlasters]

I'm waiting for you to tell us who has the lowest fees so I can stop throwing money away

I’m not going to promote a particular asset manager, I just wanted to try and hold back the Vanguard propaganda machine. They made indexing popular and their founder should rightfully be in the investment hall of fame, but other asset managers now have lower expense ratios on their broad index funds.

I think @Chili327 method of a portfolio of no cost/low cost funds that are diversified according to an investors individual goal and risk profile and rebalanced periodically is a great solution for people who are in the 12% federal tax bracket and 0% long term capital gain bracket.

I would be wary of only owning funds that have ~40% of their holdings in the same 10 giant stocks and are trading at very historically high valuations.

 

[DanCali]

Finding an account at around 5% isn’t the easiest. I actually ended up finding one recently on an app that is fdic protected

A savings account at 5% may not be easy to find but rates on most money market mutual funds are currently above 5% (e.g., VMRXX, SPRXX - not that I'm recommending either of these but just example from the large managers).

 

[AstroBlasters]

A savings account at 5% may not be easy to find but rates on most money market mutual funds are currently above 5% (e.g., VMRXX, SPRXX - not that I'm recommending either of these but just example from the large managers).

I also like buying a 30-day tbill and letting it autoroll. Current est yield of 5.3% and no state or local tax. No need for FDIC if it is already backed by the US Treasury.

 

[CourtneyAshley]

I also like buying a 30-day tbill and letting it autoroll. Current est yield of 5.3% and no state or local tax. No need for FDIC if it is already backed by the US Treasury.

I have a treasury account too it’s not as large as my other accounts I have an 8 week bond in there that auto rolls and something else too that I auto draft $25 into ever 2 weeks. My money right now is split up all over the place

 

[Chili327]

I work in finance, as do my brothers and our dad. All of our personal accounts are at Fidelity. Also, my DVC/WDW savings are at Fidelity, so...

However, Fidelity is just an investing platform, so it matters what you invest in. If you're not at Fidelity, most platforms should be offering around 5% on your cash. I can't recommend anything investment-wise due to my job, but look at the major indexes, funds that replicate them, and charge very low fees.

If you have non-IRA funds, invest in ETFs, not mutual funds. At this point, Vanguard, Fidelity, and BlackRock all offer ETF versions of their mutual funds.

You forgot to add “Not financial advice” lol

a portfolio of no cost/low cost funds that are diversified according to an investors individual goal and risk profile and rebalanced periodically is a great solution for people who are in the 12% federal tax bracket and 0% long term capital gain bracket.

If my acct is anywhere near a decent plan that is great news to me!!

Way off topic for this thread, but does anyone have thoughts on a Fidelity credit card that the rewards would go straight into my acct?

 

[atthebeachclub]

You forgot to add “Not financial advice” lol



If my acct is anywhere near a decent plan that is great news to me!!

Way off topic for this thread, but does anyone have thoughts on a Fidelity credit card that the rewards would go straight into my acct?

I have that card. I got it as a replacement for the Citi Doublecash after dealing with atrocious Citi customer service (not that I can say Elan is better but I haven’t had any issues with them). It’s good for cash back, and it goes into an IRA! But I use travel rewards cards when the rewards are better (many locations) because they are better for many circumstances, especially for DVC families that need to fly to WDW.

 

[tx911]

I have that card. I got it as a replacement for the Citi Doublecash after dealing with atrocious Citi customer service (not that I can say Elan is better but I haven’t had any issues with them). It’s good for cash back, and it goes into an IRA! But I use travel rewards cards when the rewards are better (many locations) because they are better for many circumstances, especially for DVC families that need to fly to WDW.

My problem is that I have too many credit cards, so the rewards are too "diluted" to be worth much

 

[atthebeachclub]

My problem is that I have too many credit cards, so the rewards are too "diluted" to be worth much

Sounds like you need to play the signup bonus game..

 

[tx911]

Sounds like you need to play the signup bonus game..

Is that where you get the bonus then cancel or stop using the card?