Stocks/Stock Market...
- Thread starter UK_Dallas
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AWR, or any water company per the smart dude that The Big Short was about.
Have researched ever since and like them a lot. Of course I contacted prudential who handles my retirement and I'd have to invest on my own outside of what I have because it isn't an option now and they wouldn't recommend.
Bastards got a smirky attitude when I asked about my penalty for withdrawing all my funds to buy individual stocks.
Found it funny myself.
Have researched ever since and like them a lot. Of course I contacted prudential who handles my retirement and I'd have to invest on my own outside of what I have because it isn't an option now and they wouldn't recommend.
Bastards got a smirky attitude when I asked about my penalty for withdrawing all my funds to buy individual stocks.
Found it funny myself.
If you are a value investor it's a good time to take positions in high quality dividend paying stocks which will eventually come back. three of my favorites are Home Depot (HD) CVS Pharmacy (CVS) and Disney (DIS). Also for non-dividend companies I love Google (Googl) It's a world class company all about the future. All of these companies are benefiting from consumer spending which has increased due to extremely low gas prices. But you will have to be patient with these stocks.
The tax penalty for taking money out of a retirement plan is HUGE. If you change employers or something like that, you may be able to do a rollover to an IRA that would give you more choices. Did that with my wife's retirement account.
I always like dividend paying stocks/funds. Gonna meet with my investment guy soon. There should be some bargains out there. Maybe Procter & Gamble.
I don't know your exact situation, but you should be able to roll any 401k or IRA money you have with Prudential over to another manager, including one with self directed investments (ie an IRA where you can invest in individual stocks). If it's a 401K with your current company, it can be a bit trickier, and you may not be able to move it, but if it's an IRA, you can roll it over to a new manager. Lots of options, but you could roll it to Fidelity and and be able to invest directly in stocks, no penalties.
As for stocks, I also love GOOG/GOOGL. They report Monday, expect it to be up Tuesday. I also love FB, but they just reported, so less upside there. They crushed numbers. If you want a TRADE, I'd buy LNKD ahead of their Thursday earnings report. I believe they are going to destroy Q4 estimates, and give decent Q1/FY1 guidance. This is a RISKY idea though. Could make 15-20% by Friday, but if I'm wrong, you could lose about 15% as well.
If you have a 3 year + time horizon, Amazon is a great stock/company. But you have to pretty much ignore it and not let the quarter to quarter swings get to you. And you have to ignore the noise on it being expensive based on near term metrics. They are the most innovative retail company in the world, and ALSO have a monster cloud business that is changing the IT landscape. The cloud business alone is worth $125B IMO.
Of course, if we go into a recession, all those stocks will get killed in the near term, but will bounce back just fine.
If you have a 3 year + time horizon, Amazon is a great stock/company. But you have to pretty much ignore it and not let the quarter to quarter swings get to you. And you have to ignore the noise on it being expensive based on near term metrics. They are the most innovative retail company in the world, and ALSO have a monster cloud business that is changing the IT landscape. The cloud business alone is worth $125B IMO.
Of course, if we go into a recession, all those stocks will get killed in the near term, but will bounce back just fine.
Just the CFA books and practice tests. The ones they send you. I don't really like test prep programs. CFA is just pure mental muscle and memorization. People like the Schweitzer (sp?) one though
GOOG/L has gone up 40-50 since FB reported. You think it has more room to move up and not already baked in?
Only about halfway back to its December levels, so yes. Think it hits $900 at some point this year.
300 hours is about 200 more hours than I spent on any one level. Did level 1 right after getting my MBA so it was cake. 2 and 3 are a ***** though. I still only started in late April but I excel at cramming. If you have little finance schooling then yeah I'd over study. It's so much freaking info.
300 hours is about 200 more hours than I spent on any one level. Did level 1 right after getting my MBA so it was cake. 2 and 3 are a ***** though. I still only started in late April but I excel at cramming. If you have little finance schooling then yeah I'd over study. It's so much freaking info.
Also, taking the practice tests, as many as possible is the best study method imo. Then going back and making sure you learned the ones you miss.
Only regret for me is that I didn't buy a bunch of McGraw Hill when I had a great feeling about it about 7-8 yrs ago. Could have bought it for around $28. It is $85 now with a few splits.
Wish i had bought Under Armour earlier in the week. Had been watching it for the past two weeks but did nothing. I like Disney as well for long term.
I have made a killing in my 401K with TRowe Price Health Sciences. I moved $82,000 out of it when the market was around 17,400 into the money market. Hoping I move it back at the right time.
I have made a killing in my 401K with TRowe Price Health Sciences. I moved $82,000 out of it when the market was around 17,400 into the money market. Hoping I move it back at the right time.
Yea I need to learn all of my options for my 401K. I really have no clue when it comes to that part of retiring. My comment was more about me being pissed about not being able to do what I wanted and trying to piss someone else off.
I finally have an amount worthy of giving a **** about, but it isn't near what it should be either.
I finally have an amount worthy of giving a **** about, but it isn't near what it should be either.
Wish I knew more about stocks. I'm young, patient and have the money to spend (somewhat). One day I'll sit down and learn it.
But as for Amazon, being with a company that's somewhat of a competitor and getting insight, I'm not sure what their 3-year, 10-year, or 20-year is going to look like. A lot of progression by drop shipping and marketplace companies. Amazon kills it because of their inventory, one so vast that you know will have what your looking for. In comparison, I think Walmart.com has like 1% of what Amazon carries.
But I think Amazon's stranglehold on the fast shipping will be short lived. Shipping and logistics are coming on strong (and for Amazon, as well, to be fair) and other big box stores are making a push-back as they know Amazon is taking their lunch.
Yep. 6% match from employer, putting in 8% right now. Very aggressive, 90% stock portfolio. Unfortunately, my salary is modest, and until that changes (hopefully in the next 6 months), the growth is VERY slow in my 401k.
love these threads. 90% populated by broke idiots who barely have two nickels to rub together, yet brag about their extremely uninformed, overly risky, tax disadvantaged, ridiculous investments.
good luck.
good luck.
I've got 7 holdings in my Roth and 2 holdings in my Traditional IRA's right now. The Traditional is institutional managed and split between 80% domestic growth and 20% international growth, I'll have to keep an eye on that split as it's likely to increase on the domestic side as international uncertainty sustains.
As for my Roth, I've got Google, Berkshire Hathaway B, GE, A couple of Fidelity Growth funds, a T Rowe Growth Fund, and a T Rowe Energy fund holding. I'm getting ready to put most of my dry powder toward the Energy Fund. I probably won't change much of anything until interest rates go up more, at which point I'll sell some holdings to get into a bond fund. My basis in Google is nearly zero as I've had it a few years now and when they split it I sold the non-voting shares. I bought GE several years ago and my income basis from purchase price is pretty solid (I bought it in 2008 after market collapse). With the BerkB, I got it at about $80 a share when it first came out, but it's been moving sideways here lately. All my investment funds are up pretty good except the energy fund right now.
At this point in my life, I've saved like a Hebrew from my previous decade as a corporate desk jockey. I'm now a full blown entrepenuer so any extra capital is just plowed back into my companies that I've started. My IRA's are nest eggs that will get windfalls put in them over the coming years, but not much else will be done until Fed rates are nearing a higher peak or I reduce my risk tolerance due to age, at which point I'll rebalance based on the market and my age.
As for my Roth, I've got Google, Berkshire Hathaway B, GE, A couple of Fidelity Growth funds, a T Rowe Growth Fund, and a T Rowe Energy fund holding. I'm getting ready to put most of my dry powder toward the Energy Fund. I probably won't change much of anything until interest rates go up more, at which point I'll sell some holdings to get into a bond fund. My basis in Google is nearly zero as I've had it a few years now and when they split it I sold the non-voting shares. I bought GE several years ago and my income basis from purchase price is pretty solid (I bought it in 2008 after market collapse). With the BerkB, I got it at about $80 a share when it first came out, but it's been moving sideways here lately. All my investment funds are up pretty good except the energy fund right now.
At this point in my life, I've saved like a Hebrew from my previous decade as a corporate desk jockey. I'm now a full blown entrepenuer so any extra capital is just plowed back into my companies that I've started. My IRA's are nest eggs that will get windfalls put in them over the coming years, but not much else will be done until Fed rates are nearing a higher peak or I reduce my risk tolerance due to age, at which point I'll rebalance based on the market and my age.
I'll probably pay for it later, but after getting my head handed to me a few times trying to play the market on my own I just put everything into the 401k, have it diversified all over the place and just hope for the best. Have some mutual funds as well along with a Roth I max out every year.
I have been contributing 10% of my check into the company 403(b) since I was hired in September 2013. All of those funds are invested in a T Rowe Price Retirement investment. I don't even touch that sucker and it's done pretty well for me.
I just opened a Roth IRA last year and through in $5,500. I am sitting on mostly cash but invested a bit into CVX and HP. Both getting destroyed right now obviously but I am in it for the long haul. I plan to go ahead and max contribute again during the 1Q to have some ammunition. Not really sure what to invest in next but my buddy is the finance guru of my network of people so he's usually pretty helpful. I am 27 so long term is the plan.
Always good hearing takes from Dennis and 80.
I just opened a Roth IRA last year and through in $5,500. I am sitting on mostly cash but invested a bit into CVX and HP. Both getting destroyed right now obviously but I am in it for the long haul. I plan to go ahead and max contribute again during the 1Q to have some ammunition. Not really sure what to invest in next but my buddy is the finance guru of my network of people so he's usually pretty helpful. I am 27 so long term is the plan.
Always good hearing takes from Dennis and 80.
Been reading quotes like this since 2011. Big box has been making a pushback for years. And they are losing. Badly. I remember when EBAY was going to help the retailers fight back. Fail.
Amazon has no stranglehold on fast shipping. Anyone can ship stuff 2 day. Amazon is simply willing to do it at a loss for their best customers.
Amazon kills it because they've made every device a vending machine for their products. And their vending machine is so fast that almost everyone else has to borrow it.
Yes, AWS is solid. A lot of companies going to that. Just giving my thoughts on the online shopping industry. Could very well be wrong, but I do think Suppliers and Retailers are banding together to combat Amazon.. Just not sure it will be enough.
i added plenty.
just to recap, you're a broke idiot who doesn't know **** about investing.
Can't argue the broke part but I know a little more than you give me credit for.
i mean, krazykats got in early by bashing his guy for not getting behind his plan to take an early withdrawal on his 401k to invest in individual stocks.
:joy::joy::joy:
what an *******!! same jerk probably talked you out of leveraging your house to go big on the last powerball drawing.
:joy::joy::joy:
what an *******!! same jerk probably talked you out of leveraging your house to go big on the last powerball drawing.
I wanted to point out (for others) that this is the borrowed vending machine I'm talking about.
I heard a good breakdown of Amazon's ploy:
"Amazon makes your life easier, and if you don't use it: you're an idiot."
What are the chances that any of those super conservative funds that @PTI (pti) invests in owns any Google?
Really good. But that isn't what this thread is about.
Congrats on your .007% return today compared to 7% for Dennis.