Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Gossip & Opinions => Topic started by: beakdoctor on August 01, 2022, 08:52:43 AM
-
Getbiggers with business acumen and high fiscal IQ's, how are your investments and stocks doing?
-
Better than I thought I would be when I saw the futures this morning. Up .4 on the day but was higher earlier.
-
All the crypto whales have disappeared.
Gib will be back when bitcoin hits 50k+ again, telling us that he was right all along.
-
Accounts down around 1/2 a million thx to Pervy-Joe the pant-shitter and the commie-globalist ccp-libturdz. (We hope).
But it will bounce back when a Pubtard gets back in and stops the foolery w/ fake green-new deals and makes us an energy super-power again...
Wake up America, shit-can these anti-US terrorists in office...
-
Down 4.4% over the past year. I'm all broad market and bond funds though.
-
A million here or there is chump change for Getbiggers.
-
I thought this was about Primes Sandals...
-
I thought this was about Primes Sandals...
What about hanky? Doesn’t he rock the b-stocks?
-
Down 4.4% over the past year. I'm all broad market and bond funds though.
Seems like it would be down more than that. What are your holdings?
-
I'm taking the approach that stock are on sale right now.
Historically if you just wait long enough and consistently pump (nh) money into a diverse (nh) enough portfolio, it goes up.
If I was retiring soon I'd be pissed, but then I'd also be pissed at myself for investing in risky things that late in life.
Most getbiggers are independently wealthy though.
-
I’m waiting to see an actual central bank pivot.
Meanwhile every man and his dog is trying to either short equities to Hades or front run the pivot.
People expect explosive moves So we get a painful slow grind up with it wicking both directions each day.
I have a couple of longs in profit at the moment. I’m expecting 4,270+ Then a savage leg down perhaps to 3,200.
-
I'm taking the approach that stock are on sale right now.
Historically if you just wait long enough and consistently pump (nh) money into a diverse (nh) enough portfolio, it goes up.
If I was retiring soon I'd be pissed, but then I'd also be pissed at myself for investing in risky things that late in life.
Most getbiggers are independently wealthy though.
Steroids and Iron are the best investments
-
Seems like it would be down more than that. What are your holdings?
SCHZ, SHCB, SHCF. I have a lot in bonds. I am pretty conservative with the investing. I'm not any kind of financial expert, just risk averse.
-
SCHZ, SHCB, SHCF. I have a lot in bonds. I am pretty conservative with the investing. I'm not any kind of financial expert, just risk averse.
Bonds took a worse dump than equities though. I can’t find the other two holdings. Down 4% only makes sense to me if the rest were equities in a dividend etf or something that didn’t get hit hard unlike the broad market which is still down 6.3% YOY. Something like SCHD comes to mind.
-
Market hasn't hit bottom yet. Look for sucker bull market.
The latest government spending project just passed will prop up the markets for another year or so.
Inflation will continue and perhaps increase.
-
Bonds took a worse dump than equities though. I can’t find the other two holdings. Down 4% only makes sense to me if the rest were equities in a dividend etf or something that didn’t get hit hard unlike the broad market which is still down 6.3% YOY. Something like SCHD comes to mind.
Sorry, SCHB and SCHF. But I goofed on the percentage. The first screen has some outside accounts linked that dilute everything and throw off the stock investments changes to make it less of a change overall than what I thought. If that makes sense.
-
Don’t ask.
-
Sorry, SCHB and SCHF. But I goofed on the percentage. The first screen has some outside accounts linked that dilute everything and throw off the stock investments changes to make it less of a change overall than what I thought. If that makes sense.
I gotcha. I was just curious. I like SCHD as a dividend etf although I don’t own it, but I might add it to my Roth in retirement to have some nice quality, tax-free dividend action. I’m all in IVV, QQQ and VTI with a few individual dogs stocks but no bonds. I’m also still in my 30s. I don’t think I’ll add any bonds until 5-10 years out from retirement and it would just be used in case the market takes a dump and I go through 3-5 years of cash and am looking to sell something other than equities at lows.
-
Is Bill Ackman shorting Visa?
-
Haven’t checked. Liquidated my portfolio a couple years back and moved to real estate holdings, which are doing well. Still keep an IRA for tax purposes but like I say, haven’t checked.
-
No bueno!
-
Bad day today.
-
“The market isn’t a quitter. It's like a dog. You can kick a dog so long, and it will do two things. It's either gonna roll over and die or it's gonna bite you and attack you. And it’s the kind of market who's the type of a dog who would bite back. It’s not gonna roll over and quit.”
- Mike Katz
(The next day, the S&P was down 4%)
-
I only invest in Dubai, India.
-
“The market isn’t a quitter. It's like a dog. You can kick a dog so long, and it will do two things. It's either gonna roll over and die or it's gonna bite you and attack you. And it’s the kind of market who's the type of a dog who would bite back. It’s not gonna roll over and quit.”
- Mike Katz
(The next day, the S&P was down 4%)
He should've invested in more t-shirts and rustoleum.
-
He should've invested in more t-shirts and rustoleum.
:D
-
Stopped opening my retirement portfolios about three months ago.
-
Stopped opening my retirement portfolios about three months ago.
I should have too. Not pretty.
-
Is Bill Ackman shorting Visa?
In the sorkin interview he was pretty forceful in saying no on that, which if he was on the sly would be pretty bad reputation wise for him given the issue at hand
Ackmans general take was scathing on the Fed and Administration but pretty positive on the economy as a whole, in other words assuming they attack inflation with conviction, short term will be rocky but hang in there
-
Down 3%
-
I'm down the same as the market because I have broad market exposure.
I have plenty of cash on the sidelines, so not worried.
-
In the sorkin interview he was pretty forceful in saying no on that, which if he was on the sly would be pretty bad reputation wise for him given the issue at hand
Ackmans general take was scathing on the Fed and Administration but pretty positive on the economy as a whole, in other words assuming they attack inflation with conviction, short term will be rocky but hang in there
True but he did admit that he would be funding the litigation against Visa.
-
I'm down the same as the market because I have broad market exposure.
I have plenty of cash on the sidelines, so not worried.
That cash is getting hammered by inflation.
-
OlympiaGym: I know. I just have a little cash so I can pay for a car repair or whatever is needed.
-
Anybody in the US look into I bonds for their cash? It keeps up with inflation, so the return at the moment is very good although it adjusts twice a year. You’re limited to only buying $10,000 a year electronically, but it’s worth doing that every year instead of having it sit in a high yield savings account making a little over 1%. The current I bond rate is 9.72%. You can’t take it out for a year, so I wouldn’t put money in there that you plan on using. If you take it out before 5 years, they penalize you by a couple months of interest but even that’s a lot better than a savings account. I have plenty in equities and always keep an emergency cash account but figured it would be smart to move $10K over to it every year. I only wouldn’t do this if you might need the cash immediately.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm
-
Rambone, I don't know a lot about bonds, but if you have a lot of assets then perhaps talk to a financial advisor.
There are a lot of differnet bond types and there is a chance you will be better off with just some normal government bonds.
Some people recommend BND which is a "total bond market" fund, but I was never convinced that was a good investment,
-
Rambone, I don't know a lot about bonds, but if you have a lot of assets then perhaps talk to a financial advisor.
There are a lot of differnet bond types and there is a chance you will be better off with just some normal government bonds.
Some people recommend BND which is a "total bond market" fund, but I was never convinced that was a good investment,
No need. I’m pretty experienced. It was a post to help other getbiggers, not a post saying I was confused on how to manage my money. I do not own any bond funds since I’m not close to retirement. Bond funds aren’t attractive to me and aren’t yielding anything close to what I bonds offer. I bonds are a government bond by the way. It doesn’t get any safer than that.
-
I gotcha. I was just curious. I like SCHD as a dividend etf although I don’t own it, but I might add it to my Roth in retirement to have some nice quality, tax-free dividend action. I’m all in IVV, QQQ and VTI with a few individual dogs stocks but no bonds. I’m also still in my 30s. I don’t think I’ll add any bonds until 5-10 years out from retirement and it would just be used in case the market takes a dump and I go through 3-5 years of cash and am looking to sell something other than equities at lows.
Looks like it is all US stuff, no international funds? Like I said I am not a finance guy, but when I did my own "research" there were some varying opinions on owning non-US funds as well for better breadth. I think US is outperforming now but hadn't pre2000s or so.
The QQQ looks like a bit higher expense ratio to my untrained eye.
I like the Ibonds idea. I had read about it before but never worried too much as inflation had been low and markets had been doing well. Will probably pull the trigger on doing that.
-
Looks like it is all US stuff, no international funds? Like I said I am not a finance guy, but when I did my own "research" there were some varying opinions on owning non-US funds as well for better breadth. I think US is outperforming now but hadn't pre2000s or so.
The QQQ looks like a bit higher expense ratio to my untrained eye.
I like the Ibonds idea. I had read about it before but never worried too much as inflation had been low and markets had been doing well. Will probably pull the trigger on doing that.
I believe the larger companies in the S&P provide enough international exposure in the worldwide economy. Nobody would call Apple a US only company. I don't have faith in Europe, and the only international holding I bought was MCHI (China ETF) after Biden got elected and it has gone down the crapper. QQQ actually isn't high at all at .2% and generally outperforms many of the popular managed funds out there when taxes and fees are considered. These funds are always tech heavy in bull markets, so QQQ does just as well but more efficiently. It may seem high compared to other index funds like IVV and VOO, but they're as low as it gets. Most suckers are in mutual funds getting rape by not only the fees but from a tax inefficiency standpoint. When you look at their performance you always have to take off 1-2% unless it's an index fund like VTSAX. Turnover is very high in managed funds and it's not worth it because 80% of them don't even keep up with the market.
https://www.morningstar.com/etfs/xnas/qqq/price
The slightly higher expense ratio is balanced out by the tax efficiency. It's very cheap to own. Cheaper than S&P etfs when factoring this in.
-
Anyone trying to "time the market" about when to put money back in?
In the meantime, looks like money market accounts are paying about 4% and short term bonds are also at around 4%.
-
(https://korvingco.files.wordpress.com/2015/11/bull-and-bear-markets.jpg)
(https://www.rbcgam.com/_assets/images/infographics/a-history-of-us-equity-of-bull-and-bear-markets.png)
(https://thoughtfulfinance.com/wp-content/uploads/2023/01/VTSAX-vs-VOO-since-inception-12.31.2022.png)
-
OlympiaGym: I know. I just have a little cash so I can pay for a car repair or whatever is needed.
Vanguard Federal Money Market Fund (VMFXX) 4.29% yield
https://investor.vanguard.com/investment-products/mutual-funds/profile/vmfxx
Ally Bank Online Savings Account 3.30% yield
https://www.ally.com/bank/online-savings-account/
Other bank accounts have a nearly 0% yield.
-
I believe the larger companies in the S&P provide enough international exposure in the worldwide economy. Nobody would call Apple a US only company. I don't have faith in Europe, and the only international holding I bought was MCHI (China ETF) after Biden got elected and it has gone down the crapper. QQQ actually isn't high at all at .2% and generally outperforms many of the popular managed funds out there when taxes and fees are considered. These funds are always tech heavy in bull markets, so QQQ does just as well but more efficiently. It may seem high compared to other index funds like IVV and VOO, but they're as low as it gets. Most suckers are in mutual funds getting rape by not only the fees but from a tax inefficiency standpoint. When you look at their performance you always have to take off 1-2% unless it's an index fund like VTSAX. Turnover is very high in managed funds and it's not worth it because 80% of them don't even keep up with the market.
https://www.morningstar.com/etfs/xnas/qqq/price
The slightly higher expense ratio is balanced out by the tax efficiency. It's very cheap to own. Cheaper than S&P etfs when factoring this in.
This. International stocks underperform US stocks long term. International stock funds have higher expense ratios. If you invest in a S&P 500 index fund or a total US stock market index fund such as VTSAX then you get plenty of international exposure, at a much lower expense ratio, and with a much better performance.
-
Anybody in the US look into I bonds for their cash? It keeps up with inflation, so the return at the moment is very good although it adjusts twice a year. You’re limited to only buying $10,000 a year electronically, but it’s worth doing that every year instead of having it sit in a high yield savings account making a little over 1%. The current I bond rate is 9.72%. You can’t take it out for a year, so I wouldn’t put money in there that you plan on using. If you take it out before 5 years, they penalize you by a couple months of interest but even that’s a lot better than a savings account. I have plenty in equities and always keep an emergency cash account but figured it would be smart to move $10K over to it every year. I only wouldn’t do this if you might need the cash immediately.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm
Yes, I have been maxing out I bonds because of their very high yield in the current environment.
Things I don't like about them you mentioned above: Limited to only $10,000 per person per year, with an additional $5,000 per household if you get a tax refund for at least that amount and you use it to buy an I Bond for that much. It could be less than $5,000 if you choose.
I don't like that the money is locked away for 12 months. I don't mind the early withdrawal penalty if you pull the money out between years 1 and 5.
I don't like the clunky, 90s era, TreasuryDirect website, the only place where you can buy I Bonds.
Other than that, they are a good place to park cash for a while, at least for now.
-
Yes, I have been maxing out I bonds because of their very high yield in the current environment.
Things I don't like about them you mentioned above: Limited to only $10,000 per person per year, with an additional $5,000 per household if you get a tax refund for at least that amount and you use it to buy an I Bond for that much. It could be less than $5,000 if you choose.
I don't like that the money is locked away for 12 months. I don't mind the early withdrawal penalty if you pull the money out between years 1 and 5.
I don't like the clunky, 90s era, TreasuryDirect website, the only place where you can buy I Bonds.
Other than that, they are a good place to park cash for a while, at least for now.
I agree to everything you said. The site is lame. I wouldn’t expect anything less from the federal govt
-
I agree to everything you said. The site is lame. I wouldn’t expect anything less from the federal govt
:D
-
This. International stocks underperform US stocks long term. International stock funds have higher expense ratios. If you invest in a S&P 500 index fund or a total US stock market index fund such as VTSAX then you get plenty of international exposure, at a much lower expense ratio, and with a much better performance.
John Bogle did not favor International Funds (as you know).
-
John Bogle did not favor International Funds (as you know).
Eggxactly! Neither does JL Collins.
-
Eggxactly! Neither does JL Collins.
(https://media1.tenor.com/images/7feaf4530fd50962f66b187f563ef2e9/tenor.gif?itemid=3451988)
-
Stopped opening my retirement portfolios about three months ago.
Same...
Ill wait to see if a Pubtard gets in, in 2024.
I still have 5 years to hopeful retirement at age 62, and 9 years if I decide to stick it out 'til 66.
Cant look at it now, it took a beating since Pant-Shitter came aboard the commie-train...
-
Anyone trying to "time the market" about when to put money back in?
In the meantime, looks like money market accounts are paying about 4% and short term bonds are also at around 4%.
Just Entered positions of metals and miners.
Based on the Fed increasing 0.25% then 0.25% then 0% and average Joe who are now CPI experts front running QE which won’t arrive when they think it will.
DXY next stop 89.
From the pandemic it took 5 months to get back near previous ATH. The market knows how to YOLO but once we get to ATH I figure that’s when people look around and ask ‘now what?’
-
Have been long metals and miners for a while.
I own Newmont. The bad news is I'm based in the UK so if the DXY goes to 89 then my holdings value will drop.
-
Have been long metals and miners for a while.
I own Newmont. The bad news is I'm based in the UK so if the DXY goes to 89 then my holdings value will drop.
DXY can rip upwards on the short timeframe.
The only reason I’m even taking a position is I am a spastic who believes in the power of spasticism in others.
If the Fed are serious they’d go 0.5% then 0.5% and shock the shit out of everybody.
-
DXY can rip upwards on the short timeframe.
The only reason I’m even taking a position is I am a spastic who believes in the power of spasticism in others.
If the Fed are serious they’d go 0.5% then 0.5% and shock the shit out of everybody.
How do you see the next 6-8 months playing out for the housing market in America?
I own a 47-acre tract in Southeast Texas that i'm under contract with a large home builder to develop. I'm taking the risk to develop and deliver finished lots, last time i did this i made a fortune.
I have until April 1 to commit or walk; money isn't hard yet.
Some think it's going to turn for the better in 6-9 months.
Thinking about tearing up the contract and re-visiting in a year, but partners are still telling me to go for it.
-
DXY can rip upwards on the short timeframe.
The only reason I’m even taking a position is I am a spastic who believes in the power of spasticism in others.
If the Fed are serious they’d go 0.5% then 0.5% and shock the shit out of everybody.
So many people have got rekt trying to second guess the FED in 2022. JP has stuck to his game plan religiously so far, don't see that changing. 0.25% but with a very hawkish speech.