Official Investing Thread

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

  1. Jimmy the Saint

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

    Trying to time the market is a fool's game.
     
  2. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  3. chopcity

    chopcity Well-Known Member
    Donor

    You're overthinking it Jimmy. Just let it run
     
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  4. ohbluefan

    ohbluefan Well-Known Member
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    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    Just seems like it’s built on a house of cards right now. Manufacturing ended the year in a recession, feds pumping money into the banks to keep the flow going, and now this pandemic talk spooked me. I’ll let it ride for a few months in a more conservative fund and see where it goes from there.

    But guessing the market is a fools game and my luck is shit anyway....
     
  5. chopcity

    chopcity Well-Known Member
    Donor

    If you've got 20 years why not just leave it in either an appropriate target date or equities? Sure it'll dip but it'll always rise higher than bonds.
     
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  6. letan

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

    this is great. thanks. the future taxes have always got me confused. think i’m going to keep doing the majority in traditional but throw a little into the roth.

    are you planning on moving your whole balance from the 2040 fund to the 2015 fund or just your future contributions?
     
  7. ohbluefan

    ohbluefan Well-Known Member
    Donor
    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    planning on both, I don’t know a whole fucking lot about the market but 2020 has me spooked. I’d hate to lose the nest egg I’ve made over the last 10 years because I know how long it took me to get back where I was after 2008. I can’t imagine losing a 1/3 again....
     
  8. ohbluefan

    ohbluefan Well-Known Member
    Donor
    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    The 2015 fund still has a 30/70 blend of stocks to bonds, the 2040 has something like 70/30 stocks to bonds. So I’ll still be in the market but at a lot lower risk.
     
  9. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis ColtsBook Club

    assuming 2040 is close to your actual target retirement date, you’re wanting to forgo the appropriate allocation for someone your age for the appropriate allocation of a retiree.
     
  10. ohbluefan

    ohbluefan Well-Known Member
    Donor
    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    Yes because the allocation of the current retiree is a more low risk option. My retirement date will actually be 2033 so rolling with a 2040 was probably over doing it and I should have went with a 2035 but I made pretty good returns on it.
     
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  11. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis ColtsBook Club

    The allocation for your age takes the risk of a severe downturn into account. I understand the desire to market time, it’s natural. It could work out for you, but the odds aren’t in your favor.
     
  12. ohbluefan

    ohbluefan Well-Known Member
    Donor
    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    Yeah I fear you’re probably right, this was off the advice of a financial guy my co workers talked to about a week ago so we’ll see :fingers crossed:
     
  13. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Who is the 401k with? If it's with Vanguard, I'd consider looking at the Wellesley fund instead. It's a similar stock/bond ratio, but is an active fund with better performance and a similar expense ratio. Or Wellington is a 66%/33% split and also an active fund.
     
  14. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    I’m sure I could google this but is there like a “schedule” to show when target retirement plans start moving to more conservative ratios?

    I wanna say I’m in like 2055 target, but just curious.
     
  15. ohbluefan

    ohbluefan Well-Known Member
    Donor
    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    Fidelity and I think we’re stuck with them through my company. Can’t remember who we were with when I hired in 23 years ago but I think it was T Rowe price and they gave us many more options.
     
  16. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I've got Fidelity too, but at least we have Brokeragelink so I can pick any fund/ETF/stock I want to use.
     
  17. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    You’ve got to live a little Jimmy
     
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  18. Imurhuckleberry

    Imurhuckleberry Avid spectator of windmill warriors
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    Florida GatorsSan Francisco GiantsGolden State WarriorsSan Francisco 49'ers

    Whynotboth.gif?
     
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  19. letan

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

    that’s the plan. just wanted to hear what others were doing
     
  20. Joystick Izzy

    Joystick Izzy Well-Known Member
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    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    #11520 Joystick Izzy, Feb 3, 2020
    Last edited: Feb 3, 2020
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  21. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Take a look at that and let us know if you have any questions. Obviously the glide path will be specific to your particular fund family.
    https://www.jhinvestments.com/viewp...-date-fund-glide-path--and-how-does-it-work--
     
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  22. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

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  23. construxboy

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

    I personally like the idea of having 20-25% of my tax advantaged funds in a Roth for some flexibility in retirement. I'm only around 18% now so I'm putting all my contributions to the Roth 401k for now. I'll switch it back to traditional down the road when I get the Roth % higher.
     
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  24. burnttatertot

    burnttatertot butt tuck zoomies
    Donor
    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    That being said, if that shit drops below $300 again I'm in.
     
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  25. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    MSFT thoughts? I am moving from about 15% of portfolio to roughly 30%. Small stakes FWIW.
     
  26. NC Wolfpack

    NC Wolfpack Go Pack Go
    Donor
    North Carolina State WolfpackGreen Bay Packers

    Going the wrong way now....
     
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  27. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I got out when it was up 30% after that big jump. Was good enough for me.
     
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  28. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    Think we need to open up a Wall Street bets thread for some of the activity that’s being discussed here.
     
  29. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    PENN is moving again. Portnoy said he’s going to make sure it gets over 100 per share, so naturally I’m just going to hold until it does that or tanks.
     
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  30. NothingIsOT

    NothingIsOT Prom pic
    Donor
    Miami MarlinsMiami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Interesting movement in the stock market today.
     
  31. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Tesla shot up over 17%
     
  32. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    We must’ve cured the coronavirus
     
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  33. NothingIsOT

    NothingIsOT Prom pic
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    Miami MarlinsMiami DolphinsFlorida PanthersDetroit TigersMiami Heat

    My company is up ahead of our earnings release in less than an hour.
     
  34. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    which company?

    i cannot wait to see the number of disney + subscribers this afternoon
     
  35. Open Carry

    Open Carry TMB Rib Master
    Donor
    Hartford WhalersAuburn TigersConnecticut HuskiesAtlanta United

    Tesla down 11% and dropping after being up 20% Monday and Tuesday
     
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  36. Open Carry

    Open Carry TMB Rib Master
    Donor
    Hartford WhalersAuburn TigersConnecticut HuskiesAtlanta United

    Now I just need to decide what to do with my 171% return on my sale yesterday. Should’ve bought when it was down in the 200s, but oh well.
     
  37. texasraider

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

    9128BE4E-C91D-41EA-8E20-0AD20FD9365B.gif
     
    #11537 texasraider, Feb 5, 2020
    Last edited: Feb 5, 2020
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  38. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Did you end up going with the switch?
     
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  39. ohbluefan

    ohbluefan Well-Known Member
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    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    I did and should’ve listened to you guys :facepalm:
     
  40. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    It's ok, at least you didn't dump it into TSLA.
     
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  41. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Biogen made a nice run today as well. Hit 20%
     
  42. mal630

    mal630 Well-Known Member
    Donor
    Ohio State BuckeyesTiger Woods

  43. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    To be clear, I really have no idae what I'm doing, but I plan on buying more and holding.
     
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  44. mal630

    mal630 Well-Known Member
    Donor
    Ohio State BuckeyesTiger Woods

    Yeah I'm not doing anything serious. No worries.
     
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  45. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    Sold these puts on Friday for +286%.
     
  46. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Any general rule of thumb on how conservative/aggressive to be with funds in your HSA?
     
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  47. kentucky_dawg

    kentucky_dawg Fan of: Georgia
    Donor
    Georgia Bulldogs

    Also interested in this as well.
     
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  48. stexraider

    stexraider Fire Everybody
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    Chicago CubsSan Antonio SpursKansas City ChiefsDallas StarsArsenalUnited States Men's National Soccer TeamTexas Tech Red Raiders alt

    I don’t think there’s a rule of thumb at all because all in all they’re still reasonably new on the scene and people use them in different ways. Ours allows for three cash “hurdles” to choose from... 1, 2, and $3,000. Personally, I set that at $3,000 because if you’re going to need the money it’s almost always an emergency and now you should have less concern about if it’s a bad time to access the markets for more cash. I take the rest and am about 70/30 with it. More conservative than a 401k, but again... you have to think about the purpose of the money and the likelihood of withdrawal. When you need the money from an HSA you NEED IT. Never fun to take money out of an account that’s down 20% and feel bad about that and been in bad shape health wise as well.
     
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  49. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    That makes sense. I was thinking keeping it somewhat conservative for the fact it’s an emergency use type situation, but would be nice to get even 2-3% return back on it compared to the like 0.2% you get from the actual savings account.
     
  50. stexraider

    stexraider Fire Everybody
    Donor
    Chicago CubsSan Antonio SpursKansas City ChiefsDallas StarsArsenalUnited States Men's National Soccer TeamTexas Tech Red Raiders alt

    I’ve seen people build them in stages like building blocks...build the $3,000 hurdle first...then build the next say $5,000 with a balanced fund or maybe even a short duration bond fund, then the rest into a couple of stock funds or indexes once the “base” is built.
     
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