Author Topic: Investing and personal finance (Read 276708 times)

IroNat · « **Reply #250 on:** February 25, 2020, 11:47:33 AM »

https://www.bogleheads.org/wiki/Getting_started

bigkid · « **Reply #251 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.

mazrim · « **Reply #252 on:** February 27, 2020, 05:33:32 PM »

Quote from: bigkid 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.

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.

FitnessFrenzy · « **Reply #253 on:** March 01, 2020, 04:06:15 AM »

FitnessFrenzy · « **Reply #254 on:** March 02, 2020, 02:11:58 PM »

Agnostic007 · « **Reply #255 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

FitnessFrenzy · « **Reply #256 on:** March 06, 2020, 04:24:27 AM »

FitnessFrenzy · « **Reply #257 on:** March 07, 2020, 03:26:29 AM »

Purge_WTF · « **Reply #258 on:** March 07, 2020, 06:24:31 AM »

Quote from: Agnostic007 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

How much would you recommend investing as a minimum?

FitnessFrenzy · « **Reply #259 on:** March 11, 2020, 01:42:14 PM »

loco · « **Reply #260 on:** March 12, 2020, 07:52:28 AM »

Quote from: FitnessFrenzy on March 11, 2020, 01:42:14 PM

Loco approved. Like he said: Fucas (focus) on businesses, not stock price.

IroNat · « **Reply #261 on:** March 17, 2020, 02:08:04 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

FitnessFrenzy · « **Reply #262 on:** March 26, 2020, 02:10:39 AM »

IroNat · « **Reply #263 on:** March 27, 2020, 07:54:46 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

IroNat · « **Reply #264 on:** March 28, 2020, 03:07:18 AM »

For a sense of perspective:

S&P Historical Prices

https://www.multpl.com/s-p-500-historical-prices

IroNat · « **Reply #265 on:** March 28, 2020, 03:11:03 AM »

Financial stats of all kinds:

https://www.multpl.com/sitemap

FitnessFrenzy · « **Reply #266 on:** April 01, 2020, 02:21:40 AM »

FitnessFrenzy · « **Reply #267 on:** April 01, 2020, 07:48:09 AM »

FitnessFrenzy · « **Reply #268 on:** April 09, 2020, 01:01:03 AM »

Agnostic007 · « **Reply #269 on:** April 09, 2020, 01:35:28 AM »

Quote from: Purge_WTF on March 07, 2020, 06:24:31 AM

How much would you recommend investing as a minimum?

I don't think there is a minimum. It's what you can afford to play with. I just put $5K in it Friday morning for my wife. It's up 26% since then. That's not typical. I caught it at $4.65 It's getting close to $6 now. This virus has screwed up it's normal fluctuation so it's new to me on how high it will go before it starts coming down again. I'm going to retract my earlier post because I just don't have the confidence I did then. I don't mind gambling my money and especially the wife's money

but I'd hate someone else to lose on something I suggested

Edit**up 42.07% as of today. 4/14 after 6 days. She got pretty lucky, Her $5K is now $7070

Agnostic007 · « **Reply #270 on:** April 09, 2020, 01:37:45 AM »

Quote from: IroNat on March 27, 2020, 07:54:46 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

That's good advise. I would exhaust every available option I had before I thought about touching it. I think I would have to be on the verge of being homeless

FitnessFrenzy · « **Reply #271 on:** April 10, 2020, 12:58:27 AM »

Quote from: Agnostic007 on April 09, 2020, 01:35:28 AM

I don't think there is a minimum. It's what you can afford to play with. I just put $5K in it Friday morning for my wife. It's up 26% since then. That's not typical. I caught it at $4.65 It's getting close to $6 now. This virus has screwed up it's normal fluctuation so it's new to me on how high it will go before it starts coming down again. I'm going to retract my earlier post because I just don't have the confidence I did then. I don't mind gambling my money and especially the wife's money but I'd hate someone else to lose on something I suggested

what did you buy?

Agnostic007 · « **Reply #272 on:** April 10, 2020, 12:21:50 PM »

Quote from: FitnessFrenzy on April 10, 2020, 12:58:27 AM

what did you buy?

Sunpower

SOMEPARTS · « **Reply #273 on:** April 11, 2020, 08:16:12 AM »

Quote from: Agnostic007 on April 09, 2020, 01:37:45 AM

That's good advise. I would exhaust every available option I had before I thought about touching it. I think I would have to be on the verge of being homeless

Ah, so....given all the money printing and Fed totally into the equity and capital markets as a buyer of last resort - you believe the current system is going to be in place in say 30 years?

No problem with the above - just do the same as you've always done even though it is all changing at a fundamental level?

You believe the company valuations are accurate then? You believe the risk is the same as well?

IroNat · « **Reply #274 on:** April 11, 2020, 10:58:01 AM »

Quote from: SOMEPARTS on April 11, 2020, 08:16:12 AM

Ah, so....given all the money printing and Fed totally into the equity and capital markets as a buyer of last resort - you believe the current system is going to be in place in say 30 years?

No problem with the above - just do the same as you've always done even though it is all changing at a fundamental level?

You believe the company valuations are accurate then? You believe the risk is the same as well?

Don't over-think. Change is constant. Adapt.

Save and invest using generally accepted principles.