Official Investing Thread

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

  1. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    you do you, but the only way for the average person to be successful in this is to commit to a horizon of 10, 20, 30 years. Stressing out over it daily is a) making your decisions emotional and b) not going to do anything.

    If you want out, by all means. Just know that your perceived failure is not for a lack of “having it”, it’s because you are choosing to judge Lebron James based on watching him play one quarter of a game and not his 15+ year career.
     
  2. kinghill

    kinghill Well-Known Member
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    I've no idea what I gained or lost in the past week or month as far as long-term savings.

    How do ya'll have a quick snapshot of all accounts to see daily gain/loss? Or you're just talking about 1 particular account?
     
    Louis Holth likes this.
  3. NothingIsOT

    NothingIsOT Fuller is a sarcastic asshole
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    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Rich people don’t watch their 401k. They stick to a diversified plan and don’t look again.

    90% are talking about their gambling account. Including myself. Which I’ve personally been an idiot waiting out the semis to bounce back. Bad move.
     
    brolift, Speirs, kinghill and 3 others like this.
  4. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    I use Personal Capital as an account aggregator. Quick way to see across all accounts. You can also use it to see the % breakdown across caps and US/International for all of the accounts.
     
    #25254 billdozer, May 12, 2021
    Last edited: May 12, 2021
  5. letan

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

    semis burnt me too. they’ve gotta start coming back soon right?!
     
    NothingIsOT likes this.
  6. dukebuckeye

    dukebuckeye P.G.I.T
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    99% of the time I'm referencing my TD Ameritrade brokerage account that is just another version of gambling for me. I have a Private Wealth Advisor that manages my serious stuff.
     
    kinghill likes this.
  7. brolift

    brolift Well-Known Member
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    Have you tried any TA?
     
  8. CaneKnight

    CaneKnight AUTISM!
    Donor

    TA?
     
  9. brolift

    brolift Well-Known Member
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    Technical analysis. Charts and shit.
     
  10. construxboy

    construxboy xenForo is the new TMB
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    Tits and Ass
     
  11. NothingIsOT

    NothingIsOT Fuller is a sarcastic asshole
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Most people can’t read technical analysis properly.

    also fwiw- academics swear it’s bullshit. But I see it quoted all the time on CNBC so tifwiw.
     
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  12. Struggler

    Struggler Well-Known Member
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    A few more days of this and Hank will be posting in here.
     
  13. dukebuckeye

    dukebuckeye P.G.I.T
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    I think we are currently in Wave 24C.3.2
     
    gordon bombay, Lyrtch, Speirs and 2 others like this.
  14. The Blackfish

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

    One day, whether it be tomorrow or next year, the market will crash and Hank will claim victory and I’m here for it.
     
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  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    all my accounts are very similarly invested but i usually reference my taxable account (that is designed for retirement and I should just ignore it and this thread)
     
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  16. kinghill

    kinghill Well-Known Member
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    Miami HurricanesMiami MarlinsMiami DolphinsMiami Heat

    Sounds like you need to open a TD Ameritrade account and start gambling!
     
    Tug and dukebuckeye like this.
  17. CaneKnight

    CaneKnight AUTISM!
    Donor

    Take a look at LLIT. I’ve been holding that for a while look what happened in after hours after I dumped it earlier

    some people just don’t have it


    Unbelievable
     
  18. burnttatertot

    burnttatertot Super Necessary
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    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Couple more days like this and I'll be buying.
     
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  19. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Just buy ITOT or VTI
     
    Chumbolone and The Blackfish like this.
  20. dukebuckeye

    dukebuckeye P.G.I.T
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    up over 3% at the bell. Hope you didn't sell everything CaneKnight
     
    DuffandMuff likes this.
  21. dukebuckeye

    dukebuckeye P.G.I.T
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    Finished up 4.7% yesterday. Up 3% at the bell this morning.
     
    kinghill, burnttatertot, g8r and 2 others like this.
  22. CaneKnight

    CaneKnight AUTISM!
    Donor

    Glad it's working for you
     
    Tug likes this.
  23. dukebuckeye

    dukebuckeye P.G.I.T
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    You should put a percentage of what you had in back in the market at the next dip and just don't look at it for 20 years.
     
    Bo Pelinis likes this.
  24. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Man, you sound so defeated. I'm not entirely sure of your situation, but to pull completely out of the market is bad.

    I have a normal brokerage account that I use for my stock gambling. I have about about 15 stocks in that account that are in the red. It sucks. Just holding and hope it goes green. If you don't want to penny gamble, that makes sense. However, I hope you're not pulling entirely out of the market. I still have my IRA, Roth IRA and Schwab managed account for long term hold and returns.
     
  25. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    They told you not to sell. Probably capitalism’s fault….
     
  26. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    had some money sitting in cash and bought late Wednesday. That was nice.
     
    burnttatertot and dukebuckeye like this.
  27. CaneKnight

    CaneKnight AUTISM!
    Donor

    Who says I sold everything, I'm not even sure what you're trying to say with the part in bold. I've fully admitted that I'm the issue multiple times in thread. So you can take your bullshit elsewhere.
     
    dukebuckeye and Tug like this.
  28. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Other threads. In all honesty hope it turns around for you. Good luck.
     
  29. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    lmao
     
  30. CaneKnight

    CaneKnight AUTISM!
    Donor

    Whatever dude I won't be posting about it anymore. That was a mistake in the first place
     
  31. dfmPSU

    dfmPSU don't drive angry
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    I'm relatively new to all of this, so this is probably going to sound naïve, but I can't find a good answer...

    I have a few modest ETF positions in an individual Schwab account that I've been adding into over the past few months. I plan to continue doing this long term. I recently started a Roth IRA as well. Would it make any long term sense to sell the positions in the individual account and then rebuy them in the IRA account (understanding the risk of loss of value during the transition)? Or does it not really matter, and I should keep them where they are?
     
  32. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    My rudimentary understanding:

    • Selling the ETFs in your individual account right now would trigger a taxable event (at your current income rate since it's less than a year)
    • Gains you make in a Roth IRA are not taxable
    I would say leave the ETFs in the individual account and start building larger ETF positions in your Roth.
     
    Ty Webb, construxboy, dfmPSU and 2 others like this.
  33. Seavie

    Seavie Loading tweet...
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    Alabama Crimson Tide

    So earlier I was asking about $500 I was prepared to fully lose. I put that into HOMZ.

    Let's say I have 5k sitting in savings that I do NOT want to lose. But at the same time... Would rather it work a bit more for me than it is just sitting in savings. Any recommendations?

    Thinking about an S&P index fund? Or is that a bad move right now?
     
  34. The Blackfish

    The Blackfish The Fish in Black
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    When would you want to withdraw it?
     
    Seavie likes this.
  35. Seavie

    Seavie Loading tweet...
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    Alabama Crimson Tide

    Good question and I meant to include it would be money that I wouldn't need to touch until retirement. I'm 38.
    Would plan on doing this from my Schwab brokerage account but not sure if it would make more sense to open an IRA?
     
  36. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    do you have a Roth IRA?

    cause that's where it should go
     
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  37. Seavie

    Seavie Loading tweet...
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    Alabama Crimson Tide

    I do not. I have a 401k with my employer and have it setup with retirement target date for a certain percentage of my contributions, and then a very aggressive allocation for the rest of my contributions.
    And just recently opened the brokerage account with Schwab.
     
  38. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    if you meet income guidelines just open a roth ira, makes any gains non taxed in retirement

    if you don't its slightly more complicated but can do a backdoor roth
     
    Seavie likes this.
  39. Seavie

    Seavie Loading tweet...
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    Alabama Crimson Tide

    Let's say I go the Roth IRA route...
    1 - you see any issues with an index fund as mentioned above?
    2 - any recommendations who to open the Roth IRA with?
     
  40. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i have my roths with vanguard, but thats largely because they make it very easy to do backdoor roths

    an index fund would be fine, for long term retirement stuff i'm partial to bogleheads methodology https://www.bogleheads.org/wiki/Three-fund_portfolio#Vanguard_funds its very straightforward and empirically sound.
     
  41. g8r

    g8r Well-Known Member
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    Florida GatorsBoston Red Sox

    May want to take a deeper look at the other funds. I have found the target date fund tend to underperform compared to others. Assuming you can tolerate a little more risk.
     
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  42. The Blackfish

    The Blackfish The Fish in Black
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    S&P 500 ETF is never a bad option for long term investing. Just throw it in there don’t worry about timing with such a long horizon.
     
  43. Bo Pelinis

    Bo Pelinis WE GO HARD ON EARTH
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    I put a rollover IRA in ITOT years ago and have a 132.72% return on it by doing literally nothing.
     
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  44. Seavie

    Seavie Loading tweet...
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    Alabama Crimson Tide

    I probably did an awful job explaining it but yeah in my 401k I have some of my contributions allocated to a target date and then some to higher risk funds
     
  45. Bo Pelinis

    Bo Pelinis WE GO HARD ON EARTH
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    Target date funds suck assholes :twocents: My kids' 529s are in target date funds for a few reasons and they've way underperformed.
     
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  46. brolift

    brolift Well-Known Member
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    Cute.
     
  47. dukebuckeye

    dukebuckeye P.G.I.T
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    Thanks!
     
  48. brolift

    brolift Well-Known Member
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    If you’re trading solely on TA you’re probably a moron.

    If you don’t do any TA at all you’re also probably a moron.

    Enough people use it that it becomes self fulfilling sometimes and is a another tool to find entry points based on volatility and price trends.
     
    construxboy likes this.
  49. Chumbolone

    Chumbolone Well-Known Member
    Notre Dame Fighting IrishChicago CubsChicago BullsChicago BearsChicago BlackhawksChicago Fire

    VTI

    *In a Roth IRA as others recommended.

    My taxable accounts are still heavy VTI/VEU. I don’t really have much exposure to bonds since I’m overweight real estate.
     
    #25299 Chumbolone, May 14, 2021
    Last edited: May 14, 2021
    fish likes this.
  50. kinghill

    kinghill Well-Known Member
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    what are the expense ratios on those?