Investing Thread

[Henry Swanson]

Ok just opened my questrade account.

I guess I’ll look into VOO again as unsexy as it is.

OR I CAN BUY A MARIJUANA STOCK!!!!

 

[Omegaboy13]

I’ve been putting off opening an investment account to buy ETF’s for months now. Currently all my investments are in mutual funds. Would rather pay less fees with ETF’s though.

I also have a couple hundred oz. of silver that I’ve accumulated over the last 10 years that I want to offload.

What kind of silver? Did you see any return over 10 years on that?

 

[GSP_37]

... Don't just stick to blue chip stocks!
...

I like being able to sleep at night knowing my stocks underlying business is profitable and not overinflated based on hype and optimistic perfect scenarios rather than actual profits. I'm doing pretty good.

 

[HunterSdVa29]

the guy that used to run these threads was Masshole

still riding high on the 5gs in shares each of NVDA and ATVI I purchased when both were around 30/share, but in my other retirement accounts I have completely opted outta International Funds b/c the emerging markets and debt balloon payments are killing like every non US economy virtually worldwide.

 

[HunterSdVa29]

I'm just curious how many of you are talking about your retirement accounts or taxable accounts? People love to talk about trading and individual stock, but what about your goals?

Anyone want to share how much they put into retirement for themselves (or including spouse), because I see many out there looking for short term gains, but not do nearly enough in their retirement accounts.

I have some friends that invest in 4-5 different individual stock/bonds/commodity, but put barely anything to nothing in their 401k or IRA.

if people aren't taking advantage of the full matching % (assuming there is one), they're literally throwing away free money.

For reference, lets say you put in 100/month and that's matched by your employer. Then the stock market takes a massive hit, let's say 40%. You put in 100, but you still have 120 after that massive hit.....if anything it provides a 'buffer' for when the market isn't doing well, even ignoring the compounding you get from TimeValue of Money in a positive market.

 

[Omegaboy13]

I killed it pretty hard on Fidelity Contrafund the last few years. Moved most of my stuff over to the Vanguard Institutional Index. Market’s been pretty stagnant lately. I’m fairly diversified now, just gotta pump up the investment on my end.

 

[SSgt Dickweed]

 

[dabrian]

All retirement investments are going into my company 401k. Target retirement account is super easy, only drawback I guess is we don't have a company match. On the positive we have a pension that the company funds 100%.

 

[Omegaboy13]

All retirement investments are going into my company 401k. Target retirement account is super easy, only drawback I guess is we don't have a company match. On the positive we have a pension that the company funds 100%.

I’m in the same boat. We have a forced retirement that they match at about 100%. It’s about 10% of my gross taken out, but they offer 401k as well. I’ve seen a lot of people come through who think they’ll be able to live with just the retirement and opt out of the deferred comp. That’s a mistake. I see a lot of people working way past their golden years because of the failure to plan.

 

[MASShole]

the guy that used to run these threads was Masshole

still riding high on the 5gs in shares each of NVDA and ATVI I purchased when both were around 30/share, but in my other retirement accounts I have completely opted outta International Funds b/c the emerging markets and debt balloon payments are killing like every non US economy virtually worldwide.

I'm still here

 

[MASShole]

If it matters here's my philosophy:

Invest enough to get 100% of the match in your employer's plan.
Make sure you have 3 months (or 6) of emergency savings in a low yield savings account.
Then max out your Roth IRA (assuming you make under the thresholds of single or married, in the US)
If you get the match, and are maxing out your Roth, and have more to invest, put more in your 401k. If your company has a Roth option, the company match is mandated to be pre-tax, so try to make it a Roth option or split Roth/Traditional.
Once that's maxed out, and if you still have funds available, invest in an after tax account in tax efficient funds or stocks. Alternatively, if you have an HSA, max it out each year before investing after tax, and after a set amount of dollars you can invest those too, and those are triple tax protected. Save receipts!

Pay down your mortgage. Save as much as you can, but don't make it such a priority that you lose short term perspectives of fun/vacation/enjoyment.

Also, my investments in our Roth and Traditional IRAs:

WMT BDX O T V GIS VZ APD MA CAH DIS

JNJ MMM PG HON KO LOW KMB MKC HRL WSM HD ITW

TGT MO MSFT CLX AAPL ADP

PEP LMT

Average yield: 2.63%. Dividend growth rate: 9.74% (means my divs grow by nearly 10% per year). Beta: 0.87. I practice dividend growth investing, not necessarily total return investing, but I tend to beat the market.

And my 401k is in low cost Vanguard/T. Rowe Price MFs. I usually put those in small/mid cap indexes because my other accounts are mostly large, blue chip companies.

 

[MASShole]

@ElKarlo and I chat about investing all the time.

 

[ElKarlo]

@ElKarlo and I chat about investing all the time.

Word man, it's been a busy week in finance world.

I second everything you said. Max out you IRA, as far as your company will match. Try to buy ETFs, and basically have a core of S&P 500 and maybe S&P 100 as the bulk of your port.

Think for most people, they don't want to bother with individual stocks. And that is OK, it takes work and commitment to having them and making sure they stay what you think they are. ie they don't slowly become a GE or a Kodak on you.

 

[SSgt Dickweed]

If it matters here's my philosophy:

Invest enough to get 100% of the match in your employer's plan.
Make sure you have 3 months (or 6) of emergency savings in a low yield savings account.
Then max out your Roth IRA (assuming you make under the thresholds of single or married, in the US)
If you get the match, and are maxing out your Roth, and have more to invest, put more in your 401k. If your company has a Roth option, the company match is mandated to be pre-tax, so try to make it a Roth option or split Roth/Traditional.
Once that's maxed out, and if you still have funds available, invest in an after tax account in tax efficient funds or stocks. Alternatively, if you have an HSA, max it out each year before investing after tax, and after a set amount of dollars you can invest those too, and those are triple tax protected. Save receipts!

Pay down your mortgage. Save as much as you can, but don't make it such a priority that you lose short term perspectives of fun/vacation/enjoyment.

Also, my investments in our Roth and Traditional IRAs:

WMT BDX O T V GIS VZ APD MA CAH DIS

JNJ MMM PG HON KO LOW KMB MKC HRL WSM HD ITW

TGT MO MSFT CLX AAPL ADP

PEP LMT

Average yield: 2.63%. Dividend growth rate: 9.74% (means my divs grow by nearly 10% per year). Beta: 0.87. I practice dividend growth investing, not necessarily total return investing, but I tend to beat the market.

And my 401k is in low cost Vanguard/T. Rowe Price MFs. I usually put those in small/mid cap indexes because my other accounts are mostly large, blue chip companies.

What do you think about crypto enthusiasts saying the Federal Reserve is evil and they are printing money to invest in stocks, which is the reason why there will be another financial crisis soon?

 

[kenetics]

https://www.marketwatch.com/tools/quotes/lookup.asp

Would love to hear what everyone is buying, holding and selling on a regular basis. Don't just stick to blue chip stocks!

Right now, I'm intrigued by

• Accuray
• Aurora Cannabis
• iShares Currency Hedged JPX-Nikkei 400 ETF

Also trying to be patient with Fitbit and Delphi Technologies.

I got 20K in Crypto and the rest in traditional stocks.

I'm making wayyyy more money in Crypto though.

 

[SSgt Dickweed]

I got 20K in Crypto and the rest in traditional stocks.

I'm making wayyyy more money in Crypto though.

When did you start with your crypto investment?

 

[Big Al's Texas BBQ]

If it matters here's my philosophy:

Invest enough to get 100% of the match in your employer's plan.
Make sure you have 3 months (or 6) of emergency savings in a low yield savings account.
Then max out your Roth IRA (assuming you make under the thresholds of single or married, in the US)
If you get the match, and are maxing out your Roth, and have more to invest, put more in your 401k. If your company has a Roth option, the company match is mandated to be pre-tax, so try to make it a Roth option or split Roth/Traditional.
Once that's maxed out, and if you still have funds available, invest in an after tax account in tax efficient funds or stocks. Alternatively, if you have an HSA, max it out each year before investing after tax, and after a set amount of dollars you can invest those too, and those are triple tax protected. Save receipts!

Pay down your mortgage. Save as much as you can, but don't make it such a priority that you lose short term perspectives of fun/vacation/enjoyment.

Also, my investments in our Roth and Traditional IRAs:

WMT BDX O T V GIS VZ APD MA CAH DIS

JNJ MMM PG HON KO LOW KMB MKC HRL WSM HD ITW

TGT MO MSFT CLX AAPL ADP

PEP LMT

Average yield: 2.63%. Dividend growth rate: 9.74% (means my divs grow by nearly 10% per year). Beta: 0.87. I practice dividend growth investing, not necessarily total return investing, but I tend to beat the market.

And my 401k is in low cost Vanguard/T. Rowe Price MFs. I usually put those in small/mid cap indexes because my other accounts are mostly large, blue chip companies.

Sounds like Dave Ramsay's 7 baby steps.

 

[kenetics]

When did you start with your crypto investment?

A year go when the market crashed. I bought alot of coins up when all lost 75% of there value.

Once the SEC approves Crypto for the stock market, prices are going to shoot up.

You will never be able to buy certain coins for so cheap once people are able to trade in the stock markets.

 

[Badger67]

Don’t think we have those in Canada.

If you open a tax free savings account they dont charge much to invest and so long as you invest less than 5k they cant tax it.
I dont recommend scotia itrade even though its what i use. Their reporting metrics look awk until you fix it so it looks scary at first. Theres some other sccounts that charge nothing for first 5 or 10 transactions like quest trade i believe.

 

[Mr Mojo Lane]

A year go when the market crashed. I bought alot of coins up when all lost 75% of there value.

Once the SEC approves Crypto for the stock market, prices are going to shoot up.

You will never be able to buy certain coins for so cheap once people are able to trade in the stock markets.

Bitcoin is on the futures market. There are already funds that track Bitcoin if you want to do that on the stock market. Will Ethereum(sp?) and Litecoin be the next on the futures market?