Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Know where I can read any of that? I haven't seen anything against it, would be interested to see what they said.
     
  2. FriendsofJtyler

    FriendsofJtyler I strenuously object
    Donor TMB OG
    Clemson TigersWashington Capitals

    This is one of the best books I’ve read this year. Should be required reading for any new investor.

    [​IMG]
     
  3. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I’ll check this one out for sure. I always liked that guy’s articles when he wrote for Motley Fool.
     
    FriendsofJtyler likes this.
  4. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    in a quick googlin' it seems the guidance that made backdoor roth confirmed proper did the same for mega backdoors, was probably 2015~ when i was reading about them last.

    forgot how many things have to line up regarding in-service withdrawals and such to make it even work, will have to read up more on this again in the future. unlikely to be in the same tax bracket we are now in retirement though, even with changes it'd be at worst flat rate I bet, so not a huge incentive to go that way right now but maybe if circumstances change.
     
    billdozer likes this.
  5. FriendsofJtyler

    FriendsofJtyler I strenuously object
    Donor TMB OG
    Clemson TigersWashington Capitals

    Yea I think he’s one of the best financial writers out there.
     
  6. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    For me, my plan won't allow a rollover to a Roth IRA while employed, but I could once I leave. Then any contributions could be withdrawn just like a Roth IRA while the gains would be subject to the normal Roth IRA rules. So it really comes down to capital gains.
     
    Lyrtch likes this.
  7. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    I do half and half. Aiming to get to about 30% Roth assets by retirement.
     
    billdozer likes this.
  8. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Weed vote in House happening currently. expected to pass, and even if everyone knows Senate will kill it, pot stocks should pump second half of today.
     
    Houndster likes this.
  9. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    Have heard nothing but great reviews. It's next up on my list.
     
  10. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    behavioral economics/finance stuff is very good. will add to my list.

    dan ariely books i had to read in college were great entry points to that stuff
     
  11. RockHardJawn39

    RockHardJawn39 #FranklinOUT
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    Can you link it in here to support tmb?
     
  12. scarlet_tacos

    scarlet_tacos Well-Known Member
    Donor
    Rutgers Scarlet KnightsBaltimore OriolesNew York Giants

    I have a little in CGC. Don't know too much about the industry.
     
  13. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Should see some upward movement today. If it's not something you were planning on holding long-term, I'd sell before the Senate vote. It's 100% not going to pass there.
     
  14. TheDKALife

    TheDKALife Well-Known Member

    I have no idea what I just listened to hahah. Whats the play? Seems like a long term buy and hold.
     
  15. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    RockHardJawn39 likes this.
  16. Smuggy

    Smuggy Well-Known Member
    Alabama Crimson Tide

    Can you only do a Roth IRA if you and your spouse make under $206k combined?
     
  17. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    You can always do the backdoor method. https://www.bogleheads.org/wiki/Backdoor_Roth. If you have an existing pre-tax IRA, you will have to convert it too or roll over to a 401k.
     
    Anison, Smuggy and Lyrtch like this.
  18. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Senate prob wont even vote on it unless the GA seats flip. Wouldnt mind getting in on a few companies for the long term. Just cant decide on which ones yet?
     
  19. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    it’s not a terrible company but there’s no reason to think what he’s claiming is accurate. That area is limestone play that is one of the most inconsistent rocks in Texas.
     
    TheDKALife likes this.
  20. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    Thanks for the gift idea.
     
    FriendsofJtyler likes this.
  21. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersNew Orleans SaintsGrateful DeadMississippi Rebels

    There's a lot of talk about retirement accounts in here, but don't overlook the benefit of investing through a taxable brokerage account that allows you to pull cash out without penalty and invest in real estate or your cousin's startup friends and family seed round
     
    Whammy and Lyrtch like this.
  22. pacey

    pacey Well-Known Member
    Donor

  23. pacey

    pacey Well-Known Member
    Donor

    TMB Sports Club or Human Services?
     
  24. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    What article?
     
  25. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    I have a pension at my current job that is mandatory contribution. Then I have a Traditional IRA combined from two rollover 401Ks at previous jobs that I contribute a little. I also have a Roth IRA that I throw a little into.

    Then there's my traditional brokerage, which I keep 90% of my money in. Half in individual equities and the other half in ETFs. That's a big difference from the majority of my life where I just kept a large sum of cash in a checking account. Kicking myself for not doing it earlier, but I honestly only missed out on about 5 years of early life returns.
     
    Oranjello likes this.
  26. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    That's part of why I was debating between mega backdoor roth and taxable, the accessibility. Probably doesn't really matter that much because I can't do that much after maxing all of the other accounts first.
     
    Oranjello likes this.
  27. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    DuffandMuff likes this.
  28. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Personal Capital is a good free account aggregator and it will show you the expense ratios of everything you have. It also has a decent retirement calculator that can be used for various scenarios.
     
  29. RockHardJawn39

    RockHardJawn39 #FranklinOUT
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    construxboy likes this.
  30. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    Those EOG calls ended the day up 472% nbd
     
  31. RockHardJawn39

    RockHardJawn39 #FranklinOUT
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    That's fucking stupid

    Congrats tho
     
    Fusiontegra and texasraider like this.
  32. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Anyone getting in on the door dash or Airbnb IPOs this week?
     
    FourClover01 likes this.
  33. beist

    beist Hyperbolist
    Donor

    I put in for some AirBnB shares, we'll see if it goes through.
     
  34. pacey

    pacey Well-Known Member
    Donor

    how much are they and listing?
     
  35. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    sup with jd?
     
  36. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    these are fire, lou

    :rain:
     
    Louis Holth likes this.
  37. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    airbnb yes

    will watch price action on dash. it's a piece of shit but it may pump based on ipo trends this year.
     
    BP likes this.
  38. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Yea SPCE has been pretty good to me for awhile now.
     
    elfrid likes this.
  39. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    i sold 75% of my calls right before close

    road 12/11 $35 calls i bought friday from $0.22 to $1.60

    :feelsgoodman:
     
    HuskerInMiami and Louis Holth like this.
  40. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    Just bought a shit ton of VTSAX. 60% of my savings. Instead of putting it in 3 different funds such as 33% total index fund, 33% bond fund, 33% international fund, I just went all in on US index fund. I have a 401k and an IRA so I have exposure to the other stuff anyways. I just don't have as much faith in the international market and stock market is doing too good and I'm too young to be 20-30% into a bond fund.
     
  41. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    I plugged in the VTSAX into the iphone stock app but the screen shows 1W, 1M, 3M etc. Is there a way to set it to a more recent or up to date metric like what happened today and yesterday? Alternatively do you have some good stock apps /fund apps for tracking performance?
     
  42. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    The Investing app is fine. You can set up a portfolio of stocks/funds to watch.
     
    RJF-GUMP likes this.
  43. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I'd agree. It's a choice for anyone on their risk tolerance, but I don't see much of a need for someone under 50 to be >20% in bonds, unless they're already financially independent.

    As far as international, we'll just see. I've still got some in international in my total portfolio as a hedge.
     
    construxboy and RJF-GUMP like this.
  44. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

    Anyone suggesting someone your age have that kind of allocation is an idiot.
     
    RJF-GUMP likes this.
  45. pacey

    pacey Well-Known Member
    Donor

    out of BB yesterday and into GEOS today
     
    RockHardJawn39 likes this.
  46. RockHardJawn39

    RockHardJawn39 #FranklinOUT
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    Going to follow you on this
     
  47. Arliden

    Arliden Well-Known Member
    Donor

    I think emerging markets will have a better decade than US stocks, similar to 2000-2008.

    A declining dollar is like quantitative easing for most emerging markets since a majority of their debt is in USD.

    Edit: and I’d have 0% in bonds for the next few years.
     
    #21597 Arliden, Dec 8, 2020
    Last edited: Dec 8, 2020
  48. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Whats your thinking with this?
     
  49. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I currently have ~15% in IXUS and ~5% in IEMG.
     
  50. pacey

    pacey Well-Known Member
    Donor

    BB: CCI had been trending down on the 1hr, Ready Aim Fire triggered sell yesterday at 10:30 and volumes are down. I will get back in but want to see if it breaks the 8.14 resistance in the next day or two.

    GEOS: has really strong VZO, CCI and TSI. it has been running as well. Ready Aim Fire triggered at 6.25 as a buy on the 1hr and all those technicals have blown up since. 4hr, longer term technicals are really strong. Looking to grab a point which where I bought it is a 12% return.

    By the time i get that point I am hoping BB has a chance to consolidate.
     
    #21600 pacey, Dec 8, 2020
    Last edited: Dec 8, 2020