Choose Fi Q&A

Sound Investing

On June 8, 2024 Paul gave a 2 hour presentation to the Seattle Chapter of Choose FI. The topics covered the 8 biggest investment decisions, plus a new piece on putting aside money for a newborn to 21 year old.

Here is the video link. This podcast covers 10 unanswered questions from the presentation, plus 5 additional topics that guests listed as most important topics of the meeting.

Q&A:

1. How to find the best 3 year fixed annuity. https://www.stantheannuityman.com/

2. How to select the best target date fund.

3. Why small cap value stocks make higher returns.

4. When do Roth conversions make sense? Link: https://www.whitecoatinvestor.com/backdoor-roth-ira-tutorial/

5. What is your bottom line best portfolio without having to go through all the tables?

6. Will Western Washington University offer financial literacy classes on their satellite campuses?

7. What additional advice would you give to a 45 year old who wants to live on a 4% distribution for the rest of their life?

8. What distribution advice would you have for a single person who is planning to retire before age 45?

9. In creating your tables, how often do you rebalance the portfolios?

10. Please explain the most important differences between an ETF and a regular mutual fund. https://www.thebalancemoney.com/differences-between-mutual-funds-and-etfs-2466791https://www.investopedia.com/ask/answers/09/mutual-fund-etf.asp#:~:text=Both%20mutual%20funds%20and%20ETFs%20offer%20investors%20pooled,offer%20a%20wide%20selection%20of%20actively%20managed%20funds.

More topics from the June 8 presentation:

11. What changes should I make in my portfolio when I retire?

12. Are low expenses the biggest decision when investing in index funds?

13. What are the most important steps I can take to get better returns?

14. What are the biggest (most costly) mistakes investors make?

15. Is investing in the Total Market Index or S&P 500 all you need to reach FI?