Investing Thread

[fordman7795]

I love when divs hit and get reinvested. Just got 3 more shares of T.

What brokerage do you use and does the standard trade fee apply to DRIP?

 

[Omegaboy13]

How’s everyone doing? Lol.

Been a rough few weeks.

Averaging down to minimize the hurt. Just doubled my allocation through work. Good time to buy the lows. Hopefully we’ve hit the bottom, but unlikely given the way things are shaping up. Ride the waves boys.

 

[POWER2]

Any recommendations for high yield savings accounts - 2.00% APY or higher, that DON'T whittle it down after a few months have passed.

 

[HunterSdVa29]

What brokerage do you use and does the standard trade fee apply to DRIP?

i have Fidelity, and no it doesn't apply to our Roth or Traditional IRAs

not sure which firm Masshole uses, he does give great advice in these threads tho

 

[fordman7795]

Any recommendations for high yield savings accounts - 2.00% APY or higher, that DON'T whittle it down after a few months have passed.

I don’t have any experience with them but I was going to put some in a discover high yield account. But if they lower the rate after a few months maybe I’ll reconsider

 

[Henry Swanson]

Staying on course. If anything I'm tempted to buy buy buy, but waiting to see if it will drop even further. I may just max out my Roth IRA off the bat starting January. If it continue to drops futher, then I may just buy more in a taxable account. All in all it's a appropriate correction. 2017 many of us made 20% or more. 2018 many of us are at 0% +/- 5%. Still averages out well. The question is what will happen in 2019.

I’ve just upped my weekly contributions. Same as you, part of me wants to buy as much as I can right now but I’m holding off.

 

[aerius]

How’s everyone doing? Lol.

Been a rough few weeks.

I'm doing great. As long as the market's moving I'm happy, doesn't matter if it's up or down I can play it equally well either way.
Feels good to be back in the game, I haven't felt this kind of excitement in nearly 10 years.
I missed those days when the market ripped up & down 5-10% nearly every day, those were fun times.

 

[GSP_37]

What brokerage do you use and does the standard trade fee apply to DRIP?

Aren't DRIPs direct with the company whose stock you own via DRIP so no transaction fees?

 

[fordman7795]

Aren't DRIPs direct with the company whose stock you own via DRIP so no transaction fees?

I don’t know. I’ve never dripped. That’s why I asked. I use tdameritrade

 

[HIMBOB]

DRP are always fee free in my experience.
Occasionally you'll get a discount to market price as well.


Today I opened 2 investment/insurance bonds, only $2,000 in each. But will feed in another $3,000 each over 6 months.

25% iShares international equity index
25% iShares Australian equity index
25% international equity managed fund
25% international infrastructure managed fund.

 

[therealdope]

What I don't understand is why there several sectors are in correction (or worse) without any fundamental indicators changing? What happens when one of the 'bubbles' (credit, student loan, commercial real estate, or auto loan/lease) tips over? I personally don't buy the Fed hikes, or China trade war explanations.

I don't have an answer, nor am I bear -- just puzzled.

 

[Goonerview]

How do you buy and sell shares?

Is there a website? App?

I'm a complete beginner here. But have started making decent money and looking to invest.

 

[boingyman]

Any recommendations for high yield savings accounts - 2.00% APY or higher, that DON'T whittle it down after a few months have passed.

I use Marcus from Goldman Sachs, but I use their no penalty CD instead. Currenly yielding at 2.25% for 13 months. If you plan to just put a lump sum down, I think this is a better route than a high yield savings account. Their 1-year CD are yielding 2.65% currently, although I believe there are a few out there that are close to, if not 3%. All safe and simple way to stash away some of your liquid funds. I have 1 year worth of emergency fund in a high yield CD. The rest are in a taxable investment account through Vanguard in various index funds and ETFs.

 

[Mondo Freaks]

Always real estate. It is still the safest way to increase wealth. You wont make a ton of money but the market is pretty stable. Brother and I bought a house and put it in a LLC in 2012 for $315K, sold it last month for $335K.

Stocks are a mess right now. I have a couple that are plunging, then stabilize, then dip even more. Hoping they pick up in 2019.

 

[Omegaboy13]

Always real estate. It is still the safest way to increase wealth. You wont make a ton of money but the market is pretty stable. Brother and I bought a house and put it in a LLC in 2012 for $315K, sold it last month for $335K.

Stocks are a mess right now. I have a couple that are plunging, then stabilize, then dip even more. Hoping they pick up in 2019.

20k in 5 years? And that’s not assuming the added costs of ownership in that timeframe. You would have made much more in a fund account in the time, WAY more.

 

[Mondo Freaks]

20k in 5 years? You would have made much more in a fund account in the time, WAY more.

lol, Im sure I could have gone to Vegas and made more

 

[Omegaboy13]

lol, Im sure I could have gone to Vegas and made more

Hell, you would have made more in a 2% APY savings account, forget the market.

 

[gonads20]

I stopped investing individual stocks back in 2011. 99% of my investments are in retirement accounts. First retirement account all I do is put a certain percent away of my paycheck into 3 funds that mirror the S&P 500, DOW, and international.

Second Fund is the Vanguard REIT fund and I dollar cast average that too.

My method of investing is dollar cost averaging and hold. Its not sexy but its probably the most effective and has the least amount of risk. I learned everything about investing from the book "Personal Finance for Dummies". If the markets are going up, Great I'm making money, if the markets are going down, Great I'm buying stocks for cheap.

I started buying crypto a couple months ago with the Robinhood app just to diversify and to support cryptocurrency as I like the concept behind it. However, crypto is gambling not investing.

 

[POWER2]

I don’t have any experience with them but I was going to put some in a discover high yield account. But if they lower the rate after a few months maybe I’ll reconsider

this is the problem I encountered. I found a bank offering 2.4% APY which is incredible. Then I found reviews that stated that over a 8 month interval it was dropped to .2%!

I would have been incredibly pissed.

 

[GSP_37]

Any recommendations for high yield savings accounts - 2.00% APY or higher, that DON'T whittle it down after a few months have passed.

Why not Vanguard High Yield Dividend EFT VYM?