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Author Topic: Investing and personal finance  (Read 99089 times)
IroNat
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« Reply #250 on: February 22, 2020, 04:02:27 PM »

Banks are in my experience among the worst places to invest your money.

38 is no longer young.  Time is necessary to compound your money.

Educate yourself.
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Irongrip400
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« Reply #251 on: February 25, 2020, 07:48:47 AM »

Banks are in my experience among the worst places to invest your money.

38 is no longer young.  Time is necessary to compound your money.

Educate yourself.

BB&T/Scott & Stringfellow. Not the actual bank but their investments arm. I deal with some good folks there who’ve made me some money. But, you’re right, I need to get better educated. I never read the prospectus and rarely attend the dinner meetings/seminars I get invited to. I should probably start but time is precious so I rely on them to be the experts.
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IroNat
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Mad Dogs and Engishmen


« Reply #252 on: February 25, 2020, 11:47:33 AM »

https://www.bogleheads.org/wiki/Getting_started
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bigkid
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« Reply #253 on: February 25, 2020, 06:22:24 PM »

I'm 37.  I've been investing for 15 years.  It took me about 7 years of trading to realize i would be much better off emotionally and financially if I passively invested my money.  Since 2012 I've been buying a basket of ETF's (IVV, QQQ, DVY, SCHD) and a couple mutual funds that I like(FBIOX, FOCPX and FPBFX).  I'm heavily weighted in the S&P.  Right now I'm probably 70% stocks 5% bonds and 25% cash. I maybe have 5-7% exposure to international or emerging market equities I make my buys once a month.  Occasionally, If i think the market is oversold, i will make an additional monthly purchase. I'm holding a big cash position which sucks when the S&P is up 30% in a year, but I also look for rental properties I can scoop up and I want to have the flexibility.  The market is also in some crazy territory and that scares me a little too.  I don't try to time the market.  I make my buys regardless of whether the market is up or down that day. 
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mazrim
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« Reply #254 on: February 27, 2020, 05:33:32 PM »

I'm 37.  I've been investing for 15 years.  It took me about 7 years of trading to realize i would be much better off emotionally and financially if I passively invested my money.  Since 2012 I've been buying a basket of ETF's (IVV, QQQ, DVY, SCHD) and a couple mutual funds that I like(FBIOX, FOCPX and FPBFX).  I'm heavily weighted in the S&P.  Right now I'm probably 70% stocks 5% bonds and 25% cash. I maybe have 5-7% exposure to international or emerging market equities I make my buys once a month.  Occasionally, If i think the market is oversold, i will make an additional monthly purchase. I'm holding a big cash position which sucks when the S&P is up 30% in a year, but I also look for rental properties I can scoop up and I want to have the flexibility.  The market is also in some crazy territory and that scares me a little too.  I don't try to time the market.  I make my buys regardless of whether the market is up or down that day. 
Similar to what my wife and I do in that we like to have some cash around for rentals. Would love to purchase a mobile home park at some point.
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FitnessFrenzy
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« Reply #255 on: March 01, 2020, 04:06:15 AM »

<a href="http://www.youtube.com/watch?v=4TUefFP_jb0" target="_blank">http://www.youtube.com/watch?v=4TUefFP_jb0</a>
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FitnessFrenzy
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« Reply #256 on: March 02, 2020, 02:11:58 PM »

<a href="http://www.youtube.com/watch?v=zdHEuCeN5fY" target="_blank">http://www.youtube.com/watch?v=zdHEuCeN5fY</a>
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Agnostic007
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« Reply #257 on: March 02, 2020, 09:37:05 PM »

for those with some play money.. Sunpower.. Fluctuates between $7 and $14. mainly between 8 and 11. If you time these you can make some good money. Don't take my word for it. Just watch it for a few months.  I usually have my buy set at $7.50 and sell at $12 but anything between that is pretty safe
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FitnessFrenzy
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« Reply #258 on: March 06, 2020, 04:24:27 AM »

<a href="http://www.youtube.com/watch?v=mlhulwXi8as" target="_blank">http://www.youtube.com/watch?v=mlhulwXi8as</a>
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FitnessFrenzy
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« Reply #259 on: March 07, 2020, 03:26:29 AM »

<a href="http://www.youtube.com/watch?v=0_CVzk6nLI8" target="_blank">http://www.youtube.com/watch?v=0_CVzk6nLI8</a>
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Purge_WTF
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« Reply #260 on: March 07, 2020, 06:24:31 AM »

for those with some play money.. Sunpower.. Fluctuates between $7 and $14. mainly between 8 and 11. If you time these you can make some good money. Don't take my word for it. Just watch it for a few months.  I usually have my buy set at $7.50 and sell at $12 but anything between that is pretty safe

 How much would you recommend investing as a minimum?
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P
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« Reply #261 on: March 11, 2020, 12:42:14 PM »

<a href="http://www.youtube.com/watch?v=qlY041EIvxw" target="_blank">http://www.youtube.com/watch?v=qlY041EIvxw</a>
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loco
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« Reply #262 on: March 12, 2020, 06:52:28 AM »

<a href="http://www.youtube.com/watch?v=qlY041EIvxw" target="_blank">http://www.youtube.com/watch?v=qlY041EIvxw</a>

Loco approved.  Like he said: Fucas (focus) on businesses, not stock price.   Grin
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IroNat
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« Reply #263 on: March 17, 2020, 01:08:04 PM »

Stocks aren’t bargains yet...

https://www.marketwatch.com/story/stocks-arent-bargains-yet-but-a-buying-opportunity-will-come-heres-how-youll-know-its-here-2020-03-16?siteid=yhoof2&yptr=yahoo
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FitnessFrenzy
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« Reply #264 on: March 26, 2020, 01:10:39 AM »

<a href="http://www.youtube.com/watch?v=lMh7La6KsCI" target="_blank">http://www.youtube.com/watch?v=lMh7La6KsCI</a>
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IroNat
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Mad Dogs and Engishmen


« Reply #265 on: March 27, 2020, 06:54:46 AM »

This might sound like a good idea but what happens when these folks retire?  Answer: no money.

Obviously, they could take the money anytime before but with the 10% penalty.  

Treat your 401k and IRA like a pension plan.  Don't touch it except to add to it until you retire.

Don't borrow from it.  Don't take money out. 

>

Coronavirus Bill Lets Struggling Americans Tap Retirement Money

https://finance.yahoo.com/news/coronavirus-bill-lets-struggling-americans-100000134.html

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IroNat
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« Reply #266 on: March 28, 2020, 02:07:18 AM »

For a sense of perspective:

S&P Historical Prices

https://www.multpl.com/s-p-500-historical-prices
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IroNat
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Mad Dogs and Engishmen


« Reply #267 on: March 28, 2020, 02:11:03 AM »

Financial stats of all kinds:

https://www.multpl.com/sitemap
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