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Getbig Main Boards => Gossip & Opinions => Topic started by: Thong Maniac on June 07, 2017, 06:08:44 PM

Title: investing, the right way
Post by: Thong Maniac on June 07, 2017, 06:08:44 PM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.


Title: Re: investing, the right way
Post by: The True Adonis on June 07, 2017, 06:15:13 PM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.



Probably should already be a millionaire if you really invested 80 percent of both incomes for 11 years now, especially given the gains the market has made in 11 years.  

Only two things I see here.

1. You are lying
2. You invested poorly

I am inclined to believe number 1.
Title: Re: investing, the right way
Post by: Thong Maniac on June 07, 2017, 06:28:27 PM
Probably should already be a millionaire if you really invested 80 percent of both incomes for 11 years now, especially given the gains the market has made in 11 years.  

Only two things I see here.

1. You are lying
2. You invested poorly

I intend to believe number 1.

1. you are right, sorry, i forgot that we pay a big mortage. probably 30-40 percent realistically. my bad TA

my point is we put all of our "savings" into mutual funds. very few other investments other than those. i mean we each have company 401k and an IRA but i dont consider that mine yet
Title: Re: investing, the right way
Post by: Slik on June 07, 2017, 07:12:17 PM
1. you are right, sorry, i forgot that we pay a big mortage. probably 30-40 percent realistically. my bad TA

my point is we put all of our "savings" into mutual funds. very few other investments other than those. i mean we each have company 401k and an IRA but i dont consider that mine yet

10% return is very good. Over time u can easily retire a millionaire with these returns. But you're leaving out a lot of variables in your question.
Title: Re: investing, the right way
Post by: Slik on June 07, 2017, 08:57:28 PM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.



also. Didn't u splurge on gyno surgery?  Deduct 50 points haha!
Title: Re: investing, the right way
Post by: Pray_4_War on June 08, 2017, 01:38:09 AM
Leaving out a lot of important info like how old are you and how much actual money are you putting in the mutual funds?

Speaking generally I think 10% return is fine.
Title: Re: investing, the right way
Post by: ratherbebig on June 08, 2017, 01:40:11 AM
when youre done getting financial advice on getbig msg board dont forget to get a second opinion and a third etc on

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Title: Re: investing, the right way
Post by: denarii on June 08, 2017, 03:11:34 AM
10% in total or annualised?

beware of bubbles collapsing

(https://www.advisorperspectives.com/images/content_image/data/8b/8bc8ff331f97f7417d959f9ee3c72352.png)
Title: Re: investing, the right way
Post by: oldtimer1 on June 08, 2017, 04:13:39 AM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.




You can live on 20% of your income?  You are obviously rich. Why do you ask for financial advice?
Title: Re: investing, the right way
Post by: Simple Simon on June 08, 2017, 04:15:07 AM
when youre done getting financial advice on getbig msg board dont forget to get a second opinion and a third etc on

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ice skating msg board

learning spanish msg board

and other places where expertise are.

 ;D
Title: Re: investing, the right way
Post by: Pork_Chop on June 08, 2017, 04:40:31 AM
I'd personally dump the funds and carve out some money and put on my own stock choices.

Currently I would consider bankers like Amazon, Facebook, Electronic Arts, Activision, Take Two (Rockstar games) - all make 20%+ a year.

Then if you were to up the risk, then AMD (advanced micro devices) has yielded 200-300% gains in about a year and is set to really take on Intel in the next 3 quarters.

Title: Re: investing, the right way
Post by: Mr Anabolic on June 08, 2017, 04:42:28 AM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.

When the market crash comes, you and your wife will cry... hard.
Title: Re: investing, the right way
Post by: nzmusclemonster on June 08, 2017, 04:43:25 AM
Typically 15% is the minimum i would look for if you are customizing your own portfolio.

10% you could get in a low stress broker managed package.
Title: Re: investing, the right way
Post by: Mr Anabolic on June 08, 2017, 04:44:13 AM
I'd personally dump the funds and carve out some money and put on my own stock choices.

Currently I would consider bankers like Amazon, Facebook, Electronic Arts, Activision, Take Two (Rockstar games) - all make 20%+ a year.

Then if you were to up the risk, then AMD (advanced micro devices) has yielded 200-300% gains in about a year and is set to really take on Intel in the next 3 quarters.

Extraordinarily bad advice.  These stocks (and the overall market) are just bubbles waiting to pop.
Title: Re: investing, the right way
Post by: FitnessFrenzy on June 08, 2017, 04:45:51 AM
Verizon's stock has skyrocketed since they hired Goodrum.
Title: Re: investing, the right way
Post by: loco on June 08, 2017, 04:50:33 AM
When the market crash comes, you and your wife will cry... hard.

If they started investing 11 years ago, they have already lived through and survived the great recession.

For those who are informed, a market crash is an opportunity.
Title: Re: investing, the right way
Post by: nzmusclemonster on June 08, 2017, 04:52:53 AM
Extraordinarily bad advice.  These stocks (and the overall market) are just bubbles waiting to pop.

Amazon isn't going to pop any time soon, but there is far better value to be had elsewhere
Title: Re: investing, the right way
Post by: bigkid on June 08, 2017, 04:52:56 AM
Everyone thinks they're a genius in a bull market.
Title: Re: investing, the right way
Post by: loco on June 08, 2017, 04:56:02 AM
getbig millionaires, quick question. wifey and I put almost 80 percent of our income into mutual funds. at the moment these get like a 10 percent return (portfolio as a whole) since i started these funds. we own a home, have a couple other small stock investments, but thats it. is this good, or is 10 percent return pretty pathetic? we started these mutual funds about 11 yrs ago.

You're in the wrong forum.  Follow the link below and ask people of all walks of life who are already retired comfortably, people who are about to retire comfortably, and people who are on target to retire comfortably.

Their investment philosophy:

1 Develop a workable plan
2 Invest early and often
3 Never bear too much or too little risk
4 Diversify
5 Never try to time the market
6 Use index funds when possible
7 Keep costs low
8 Minimize taxes
9 Invest with simplicity
10 Stay the course

https://www.bogleheads.org/forum/viewforum.php?f=1&sid=eab64333c56bcb878fdfac5bd47c0d7d
Title: Re: investing, the right way
Post by: James on June 08, 2017, 11:16:39 AM
I'd personally dump the funds and carve out some money and put on my own stock choices.

Currently I would consider bankers like Amazon, Facebook, Electronic Arts, Activision, Take Two (Rockstar games) - all make 20%+ a year.

Then if you were to up the risk, then AMD (advanced micro devices) has yielded 200-300% gains in about a year and is set to really take on Intel in the next 3 quarters.


,
Title: Re: investing, the right way
Post by: OLKE_TEXAS on June 08, 2017, 11:20:33 AM
when youre done getting financial advice on getbig msg board dont forget to get a second opinion and a third etc on

star wars msg board

ice skating msg board

learning spanish msg board

and other places where expertise are.

LOL  :D