Official Investing Thread

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

  1. Bo Pelinis

    Donor TMB OG
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    If you're invested in a well known broad market ETF that holds well known companies and doing so for 35-40 years you're mitigating your risk about as well as you can while still being in the stock market.
     
  2. Ty Webb

    Ty Webb Living rent free in Jigga's head
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    I can think of one fairly well known exception to that statement here in Omaha...
     
  3. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    Again hopefully I’m not being misinterpreted, all active management isn’t good, but neither is all passive management. There’s value in utilizing some of both, I use etf’s and mutual funds on a regular basis.
     
  4. RUskoolie

    RUskoolie Well-Known Member
    Rutgers Scarlet Knights

    Thought I would drop ITT to say I bought some stock last week. Gotta feed the ducks when they're quackin. Don't be soft gents.
     
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  5. Frankie Carbone

    Frankie Carbone eh che se dice
    Florida State SeminolesNew York YankeesNew York KnicksOrlando CityLazioUnited States Men's National Soccer Team

    Cohn stepping down blows
     
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  6. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Mnuchin seems to have been on the chopping block for months, imagine he's soon leaving. Going to be full protectionism going forward.
     
  7. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    This has the potential to be a shit show.
     
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  8. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    His trade policies will wreck his presidency and end any hope he has of a second term because they’ll send us straight into a recession imo.
     
  9. Cheshire Bridge

    Cheshire Bridge 2017 & 2019 National Champions - Clemson Tigers
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    Arista Networks (ANET) is my pick of the next few years.best growth stock out there imo.
     
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  10. Beachy Toast

    Beachy Toast He wants you too, Malachi.
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  11. pennstate2012

    pennstate2012 Well-Known Whore
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    Pittsburgh SteelersPenn State Nittany LionsPittsburgh Penguins

    Congratulations!
     
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  12. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    Wow, one million five hundred united dollars? You’re never going to have to work again!
     
    Toast likes this.
  13. Frankie Carbone

    Frankie Carbone eh che se dice
    Florida State SeminolesNew York YankeesNew York KnicksOrlando CityLazioUnited States Men's National Soccer Team

    Had it said Schrute bucks I’d have responded yesterday
     
  14. Smuggy

    Smuggy Well-Known Member
    Alabama Crimson Tide

    I'm looking to open an account for retirement separate from the work retirement account. Basically, I'll start with $50k or so and then automatically roll an extra $2k in it per month. Would a Vanguard 500 Index or Vanguard 2050 Target be the better option here? The expense ratios are .15% and .04%, respectively.
     
  15. Joystick Izzy

    Joystick Izzy Well-Known Member
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    Depends what your total portfolio allocation is across all accounts and what your goal is.

    Target retirement is gonna be like 90% stocks for a while and slowly transition to a higher bond allocation over time.

    Assuming this is a taxable account, and you have a tax-protected 401k/Ira/etc, your most tax efficient option is to probably go the vanguard 500 index in your new taxable account and keep your bond allocation in your tax protected accounts, because bonds aren’t as tax efficient.

    Go to our local library and check out Boglehead’s Guide to Investing. It will give you all the info you really need to answer these questions.
     
  16. Houndster

    Houndster Well-Known Member
    Donor TMB OG

    Buy crypto and you’ll never have to work another day in your life
     
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  17. Hurley 864

    Hurley 864 Buy the ticket, take the ride
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    TCU Horned FrogsTiger WoodsAtlanta Braves

  18. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    Thoughts on Amazon?

    I’m considering picking up some shares. Stock has dropped ~$300 in the last month or so. Trump is clearly trying to hurt the stock with his tweets just to fuck with Bezos but none of his accusations are true at all. With each tweet I think they lose power and AMZN goes back to doing what it does before long.
     
  19. The Banks

    The Banks TMB's Alaskan
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    That would be illegal, no?
     
  20. Hurley 864

    Hurley 864 Buy the ticket, take the ride
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    TCU Horned FrogsTiger WoodsAtlanta Braves

    What’s the technical backdrop? Shock Linwood
     
  21. MODEVIL

    MODEVIL Well-Known Member
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    I don't really get what Trump is doing with Amazon. They were actively trying to figure out how to do their own delivery if memory serves because of the costs of delivery with USPS. They have a bulk rate but I don't really get his attack. I'm not an expert in the logistics of the USPS by any means....I guess neither is Trump.

    My dad thought it was perhaps about paying local sales taxes but that was last weekend. I'm guessing it is mostly about WaPo and investors will understand that.
     
  22. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor


    It’s not the sales tax piece imo. They have a physical presence in most states at this point which requires them to collect sales tax, the marketplace side is where the question arises about sales tax, but I’d assume Amazon takes the position of “its their business, we just facilitate it, collecting taxes is on them.”

    Amazon does offer essentially a tax collection service for marketplace vendors that they charge a fee on to collect, so ultimately the only people that will actually be hurt by this will be the smaller business retailers on the marketplace imo.
     
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  23. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    You all assume Trump actually plans things or does things for logical reasons.
     
  24. Beachy Toast

    Beachy Toast He wants you too, Malachi.
    Donor
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    The Spotify IPO doesn't seem like it went very well.
     
  25. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    Weird day with the market way down and the VIX is down as well.
     
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  26. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    VIX is up 10%
     
  27. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
    Donor
    Texas AandM Aggies alt

    Nice recovery by the market.
     
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  28. Pharm

    Pharm Right Handed
    Donor
    Florida State SeminolesAtlanta HawksAtlanta Falcons

    Any advice on what do with stock options after leaving employer? Just keep the stock? what are the tax implications etc?
     
  29. Beachy Toast

    Beachy Toast He wants you too, Malachi.
    Donor
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  30. Beachy Toast

    Beachy Toast He wants you too, Malachi.
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  31. tjosu

    tjosu This is kind of like the breakfast club, huh?
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    Wouldn't those options be canceled by your employer? They no longer need to give you an incentive to help the company's performance
     
  32. Pharm

    Pharm Right Handed
    Donor
    Florida State SeminolesAtlanta HawksAtlanta Falcons

    Sorry the stock that was accumulated while working there
     
  33. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
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    Tax impacts shouldn't be any different. Depending on your structure it would've been included in your compensation previously (ie, restricted stock is income to you when the restrictions lapse) so now you just hold it in a brokerage account like any other stock.
     
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  34. Beachy Toast

    Beachy Toast He wants you too, Malachi.
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  35. joe-

    joe- yesterday is a hard word for me
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    I just took a buyout from my company during layoff season to find something I actually like. I was only there a year, so my 401k doesn't have much in it. I have about $5k, and am thinking about using that to learn how to invest, because I don't know shit about investing. can u help me
     
  36. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    What’s your $5k invested in currently? I’m guessing a target date fund of sorts?
     
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  37. joe-

    joe- yesterday is a hard word for me
    Donor TMB OG
    Kansas City RoyalsDSA

    yeah
     
  38. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    When you say you want to learn how to invest what do you mean?
     
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  39. joe-

    joe- yesterday is a hard word for me
    Donor TMB OG
    Kansas City RoyalsDSA

    i want to learn how to aggressively invest with the goal of accumulating money for retirement/a little for short term goals
     
  40. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    Quite frankly depending on how in the weeds you want to get with it, you’re likely best off choosing a blend of etf’s and mutual funds with reasonable costs geared towards growth.

    American Funds is a good fund family usually with reasonable costs, buy A shares and pay the load up front (you’ll eat 4.5-5% up front whereas in a C share you’ll pay 1% a year). The funds are titled in line with their objective, for example “Growth Fund of America,” “Capital Income Builder” etc.

    If you’re young an aggressive equity portfolio is likely the right track for you, but I don’t know your circumstances, etc so I can’t speak definitively here.

    TLDR: blend growth oriented mutual funds and low cost etfs and add money to the funds on a regular basis, set the auto draft and forget about it and let it grow for 25-30 years and retire.
     
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  41. joe-

    joe- yesterday is a hard word for me
    Donor TMB OG
    Kansas City RoyalsDSA

    i aint know what the fuck that means

    but I'm 27

    should I roll this into an IRA first? if i leave as is (in the company 401) they're going to start charging me to keep the account open if I don't roll it
     
  42. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    Don’t know the specifics here but generally speaking it’s likely to your advantage to roll it into an IRA if for no other reason than opening the door for investment choices.

    If you’re completely oblivious let me be pretty clear. Don’t buy like 4 stocks with $5000 and think it’s going to end well. Invest and reinvest regularly in mutual funds that are aligned with your goals and ETF’s.

    Diversification is your friend.
     
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  43. joe-

    joe- yesterday is a hard word for me
    Donor TMB OG
    Kansas City RoyalsDSA

    i am oblivious as heck but yes the goal is to diversify
     
  44. Joystick Izzy

    Joystick Izzy Well-Known Member
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    Roll it into an IRA or Roth IRA at Vanguard.

    Simple answer: put it all in a Target Retirement Fund based on your expected retirement year. Don’t worry about it and just add to it every year.

    Less simple answer: read a book like bogleheads guide to investing or go over to bogleheads.org and start reading. Keep a simple three-fund portfolio based on whichever asset allocation you’re comfortable with. 80/20 is a decent starting point, depending on your risk aversion. 90/10 if you want to be aggressive. Invest in vanguard mutual funds.

    Personally, I wouldn’t ever pay for an actively managed fund or one with a load of any sort.
     
  45. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    I’m a little wary of target dates for a few reasons, but primarily because 99% of the people investing in them have no idea what’s in them, which results in managers trying to juice their results by taking on more risk, here’s a good article on how Fidelity (one of the largest providers of target date funds, among other things) did just that:

    https://www.reuters.com/article/us-...ers-on-risky-path-to-retirement-idUSKBN1GH1SI
     
  46. Joystick Izzy

    Joystick Izzy Well-Known Member
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    That’s fair. I was speaking specifically of Vanguard’s target retirement fund. But even it is a little aggressive in the early years (90/10) until you get about 20 years from retirement.
     
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  47. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
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    I’d avoid a target date fund. If you want something like that just put it in a Vanguard S&P 500 fund.
     
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  48. Ty Webb

    Ty Webb Living rent free in Jigga's head
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    With the amount of NL and NTF funds available, there’s no good reason to buy a loaded mutual fund. All the major discount brokerages should have published lists of what’s available. Fees are the enemy in the investment world.

    TD has a solid trading platform + educational material. 300+ no commission ETFs as well. I’d start there.
    https://www.tdameritrade.com/investment-products/etfs.page
     
  49. Detlef Schrempf

    Detlef Schrempf Back to Back to Back AAU National Champs
    Donor

    Depends on how much he’s investing, with a $5000 IRA it’s unlikely he’s going to hit the minimum required for a lot of no load funds.

    I’m not a huge fan of loading everything in the ETF basket at all to be honest, I think they have a reasonable place in a portfolio, but people’s increasing over reliance on them makes me somewhat nervous.
     
  50. joe-

    joe- yesterday is a hard word for me
    Donor TMB OG
    Kansas City RoyalsDSA

    why are you people saying these things