Merck's Keytruda... In a nutshell this medicine is taken once every two weeks has evidence its better than chemo, the current standard of care. https://www.ft.com/content/050fab26-66b0-11e8-8cf3-0c230fa67aec
Rate my investment strategy 1-10 I have been buying a single share of Proctor&Gamble, Coca-Cola, ExonMobil, and AT&T on Robinhood nearly every month for the last 2 years. I buy 1 of the 4 every week. I am thinking of diversifying and buying Verizon Chevron Pepsi and Clorox but they're more expensive per share If I maintain and reinvest my dividends will I be able to retire in 25 years?
How old are you? I ask because those are all defensive stocks and if you’re younger you should be a little more aggressive
I’m not against defensive stocks, I have a couple myself, but depending on his age I’d suggest diversifying a bit more and then transitioning back into defensive position as he gets closer to retirement
This if you’re in a set it and forget it mode and don’t want to think about it mode. Be aware you’re going to eat all of the shit if the market takes a dive, when the market is performing well you’re almost always going to see better returns in index funds, and in a down market you’re likely going to be better off with more active management.
I can't imagine anything more simple than what I'm doing now. But a total index fund won't pay anywhere near the dividends I get now would it?
Is your account an IRA (Individual Retirement Account) or a retail brokerage account? There are tax benefits to an IRA, tax consequences are deferred until you take distributions in retirement, however there are also limitations on how much you can put in them annually, and penalties for withdrawals before retirement age as well.
That is correct on capital gains, but dividends are taxed in the year they're paid out, even if they're immediately reinvested. With a Roth IRA, which is funded with after tax dollars just like your brokerage account now, you wont pay any taxes (including capital gains) while it grows OR when you sell stocks/withdraw funds from your account.
If you aren’t maxing out a Roth every year, you’re doing it wrong. Everyone that has a job should be doing that first and foremost.
Nice day, I am not a fan of Tesla long term though, their debt load is crazy, and the solar city merger has been a disaster imo.
Hi hello yes, I have no idea what I'm doing. My company 401k is actively managed by some firm, who have put my money into a few mutual funds. Seems like I'm double paying for people to choose where to invest my money. So I would like to end paying the firm and choose where I put my own money, but I haven't quite done that yet. I also have a Roth IRA with a paltry amount of money in it, which I've divvied up into a few low expense ratio index funds that are invested in different sectors. I don't currently have anything invested in individual stocks Mainly at this point just focused on investing for retirement. So yeah I have no fucking clue what I'm doing. Any suggested reading for investment strategies for dummies are appreciated.
First of all, I would like to be able to retire comfortably, preferably prior 65. Regarding activity, I want to do more than pick a fund and leave it for the next 40 years, however I don't know if I'll have the time to research enough to be buying and selling daily.
I kind of like the dividend aristocrat investing philosophy. You can pick up some books on it, but essentially you buy stocks that 1) Have never missed a dividend payment 2) have been paying dividends for more than 20 years 3) the dividend has shown a consistent increase (growth) over that time. If you were to filter those criteria you will come to stocks like those below. All solid companies. reblance at the end of the year or when you recieve dividends use that as an opportunity to rebalance. KO KHC V PG JNJ AFL WBA XOM PFE
Nobody should be trading in their 401k. You shouldn’t really move allocations around more than a handful of times per year (if that much)
So I've been with my company for 4 years, and have been contributing the 6% that my company will match. That whole time I've been in a Vanguard Target Fund. My employer recently offered a 3 month free trial with these professional managers, so I signed up for that, and looked at my 401k for the first time in 4 years. Since then I've been doing some research and decided to take a more active approach in my financial planning, which is when I started my Roth IRA. They have only made once change to my investments, which was decreasing my investment in the target fund to 53% and investing the other 47% between 3 other Vanguard funds. So its not really trading in my 401k and I have no plans of starting to. That is one of the reasons I opened the Roth IRA.
Yeah the free trial ends at the end of the month, and as an individual of at least average intelligence I feel like I can figure out how I want to allocate my 401k funds on my own.
I like KHC below $60 share for the long term. Currently yielding 4%. Stock has been beaten up over the past year or so. Think its a pretty good value play. Its a stock that i can buy more of if it goes down and I can hold on to it forever. Low long term risk with some potential upside.
Whatever you do, don't listen to tmbrules and invest your 401k equity allocation into individual securities.
That’s not what I suggested at all. He said he wanted something other than boring index funds. What are your suggestions?
A rising dividend income strategy is one of the easiest out there. Hell if one wanted to cheat, pull the Form 13F of an RIA that implements that strategy. There’s your free professional advice while “doing it yourself.”
Read Bogleheads Guide to Investing My work here is done. There’s also a forum, Bogleheads.org, with tons of info and a message board if you wanna get deep in the weeds with investing questions.
I hadn’t forgot about you. Still hadn’t made my mind up on the stock. It seems like a no brainer in retrospect given how hot immuno-oncology is right now. Not to mention the validation that comes with huge recent partnerships. Did you make some coin? Keep posting.
I’m slightly wary of target date funds, but picking a mix of index and mutual funds is a generally good combination. Without knowing what your investment options are I would encourage you to blend the passive etfs with mutual funds that will give you some level of active management. There are benefits to both sides, etf’s are super cheap and when the market is blazing, they’ll crush it, flipside is when the market gets crushed, so do you. Mutual funds are more expensive (good ones can still be pretty cheap), but when the market is down something with more active management is going to shine more, because they’re not designed to just mimic a market, they’re designed to take advantage of inefficiencies in a market. Im a financial advisor, and I can’t imagine why you would be paying for one in your 401k account especially if you’re parked in a target date fund. Don’t pay them, if you have an advisor and he’s any good he’ll check out your 401k and tell you how your allocation aligns with your goals and time frame until retirement.
need help re options for dummies: first time doing this. i want to bet against tsla. if i buy 3 puts for dec 21 at 260, what happens if tsla is at 259 or below on that date? it would cost me 4,975 to do this each put is 100 shares, correct?
Each option contract has 100 shares. So say TSLA is 250 on Dec 21, you would earn: 3 (number of contracts)* (260 (strike)- 250 (market price))* 100 - ((4975) premium + fees). Or you would lose rough two grand. Breakeven for the trade is 243.42.
Not to be a dick, but it’s probably worth considering if this is a great idea if you aren’t comfortable with with how options work.