Official Investing Thread

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

  1. The Blackfish

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

    We have a pretty good plan, I work for a large company. I hope we transfer to after tax but I can’t find anywhere that says one way or another. Haven’t cared enough to ask. Guess I’ll find out tomorrow.
     
  2. The Blackfish

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

    My HSA let’s me put in an annual amount I want to contribute and automatically adjusts. Wish 401ks worked that way. So much easier.
     
  3. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    My payroll system automatically caps the 401k contribution and reduces my contribution in the last paycheck as needed.
     
  4. The Blackfish

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

    So If that happens I’ll likely miss out on one company match contribution
     
  5. Jimmy the Saint

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

    Depending on how your company matches I would think you’ll still get something.
     
    The Blackfish likes this.
  6. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Look in your literature. Mine does a true up. So if someone maxes out the 401k early, at the end of the year they contribute the match for the rest of the year. But not all plans do that.
     
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  7. Sportfan

    Sportfan From Six to Dumptime

    One of my previous companies 401k is in a target date fund, which I know is dumb. Anyways it’s T Rowe Price 2050 and that thing was somehow down 5% the other day but I cannot figure out for the life of me why. How would I even determine that?
     
  8. The Blackfish

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

    I know nothing about that particular one or why it dropped, but for people who never want to think about their retirement funds target dates are not inherently dumb. Just depends on the fees.
     
  9. Ty Webb

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

    What were the broader markets down that day? 2050 is about 90% equities.
     
  10. Jimmy the Saint

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

    Probably distributed dividends and capital gains that day and may have been a down market day as well.
     
  11. construxboy

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

    Lots of capital gains from the funds the last week or so.
     
  12. Vinegar Strokes

    Vinegar Strokes Tuck Comin
    Donor
    Michigan State SpartansDetroit PistonsDetroit LionsDetroit Red WingsDetroit Tigers

    what’s wrong with target date funds?
     
  13. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    I checked the fact sheet for the target 2050 but all of the fund’s investments are other funds.
    So I’d have to check the fact sheets for each of those funds and that’s more work than I can do right now.

    HOLDINGS
    TRP Value - Z 20.1%
    TRP Growth Stock - Z 18.5
    TRP Equity Index 500 - Z 9.8
    TRP International Value Equity - Z 7.7
    TRP Overseas Stock - Z 7.3
    TRP International Stock - Z 6.7
    TRP Mid-Cap Growth - Z 3.9
    TRP Mid-Cap Value - Z 3.8
    TRP Emerging Markets Stock - Z 3.3
    TRP Small-Cap Stock - Z 2.8
    TRP Small-Cap Value - Z 2.5
    TRP Real Assets - Z 2.5
    TRP New Horizons - Z 2.4
    TRP US Treasury Long-Term Idx - Z 0.7
    TRP US Large-Cap Core - Z 1.4

    Edit - but the fund’s largest holding is in the TRP value fund which dropped more than 10% on Tuesday.
     
    Sportfan likes this.
  14. The Milkman

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

    My issue is the bond exposure. No thanks
     
  15. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Bonds can’t go lower right now. Slurp em up.
     
  16. The Milkman

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

    I just don’t see a need for corporations to issue bonds when there’s an excess of money supply in the economy. SPACS and share offerings are replacing that sector
     
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  17. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Risky boi
     
  18. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
    Donor
    Clemson TigersGolden State WarriorsPGA

    Man I need to join this thread. Where should i start?

    I am early 30s and have never invested in the markets or anything like that besides standard company 401Ks. I don’t do crypto, bonds, stocks, options, etc. I’ve put most of my money in real estate in the past.

    Is there a guide or something focused on investing sizable amounts of capital from early on?
     
  19. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    Sir, are you familiar with OTM Tesla calls?
     
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  20. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
    Donor
    Clemson TigersGolden State WarriorsPGA

    tesla makes them fancy electric cars right?
     
  21. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    IDK. I just know stonk go up.
     
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  22. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    bogleheads is the best method

    much of this thread is gambling
     
  23. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
    Donor
    Clemson TigersGolden State WarriorsPGA

    thanks that’s kind of thing I’m looking for
     
  24. The Blackfish

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

  25. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Read up on Bogleheads. This flowchart is also good for figuring out what to do with your money too:

    [​IMG]

    And this

    [​IMG]
     
  26. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    All in 3x leveraged ETFs. Here's my analysis:

    In the long run ETFs go up
    In the long run 3x ETFs go up up up.
     
    fish and Tiger Tiger Woods Y'all like this.
  27. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    From this chart I learned that I got an excellent rate on my car loan.
     
    Lyrtch, Tug, billdozer and 2 others like this.
  28. colonel_forbin

    colonel_forbin Well-Known Member
    Donor

    If I contribute $10 to a traditional IRA and I have $2 in gains, and I backdoor that traditional IRA to a Roth, I have to pay taxes on the $2 gain?
     
  29. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    And the contribution, or at least, you won't get the break on your taxes.
     
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  30. The Blackfish

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


    Well I think my company fucked me.

    My paycheck today took out the full amount pre tax definitely putting me over.

    Looking into it my pay stub shows a number too low for my YTD contributions and I figured out why.

    We restructured on 4/1 and merged with our counterparts across the country under a new umbrella. My last paystub in March shows my correct YTD contributions then my first stub in April reset it back to 0 after the merge and the “new” company name.

    Fuck.
     
    billdozer likes this.
  31. The Blackfish

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

    Just called payroll “herp derp we’ll have to look into it”
     
    Hatfield likes this.
  32. Jimmy the Saint

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

  33. The Blackfish

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

    I try to avoid extra tax forms as much as possible
     
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  34. DollarBillHokie

    DollarBillHokie Usher is the worst
    Donor
    Virginia Tech HokiesTiger Woods

    Aren’t you CFO of some moderate sized PE-backed company? Or something with pretty substantial compensation? You should probably get a financial advisor as they will be able to handle the tax implications, private investment vehicles, and other complex items you have that very few people here will.
     
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  35. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

  36. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    That's true. Tiger Tiger Woods Y'all, I would go here: https://www.whitecoatinvestor.com/new-to-the-blog-start-here/. It's for Dr's and others that make similar income.
     
  37. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    WCI used to be so much better years ago. Book is still decent and a very quick read with some good outlines. Website just got infiltrated with affiliates and shit just trying to run ad dollars.

    They also wrecked their message board to being nearly useless now.
     
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  38. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
    Donor
    Clemson TigersGolden State WarriorsPGA

    I am learning from Bogleheads that I need a fee only based financial advisor with a CFA/CFP. :rockin:

    That of course has always been the plan but I wanted to at least have some semblance of an understanding of what that person will talk to me about so that I can participate in the decision making.
     
  39. FelipeG

    FelipeG Well-Known Member

    Check into buying a Milo's franchise.
     
  40. WC

    WC Bad Company, ‘til the day I die.
    Donor TMB OG
    North Carolina State WolfpackAtlanta BravesCarolina PanthersCarolina HurricanesUnited States Men's National Soccer Team

    buy heavy into ORIG and wait
     
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  41. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
    Donor
    Clemson TigersGolden State WarriorsPGA

    My wife and I were selected to open a franchise in Feb of 2020. You can guess how that ended up.
     
    FelipeG likes this.
  42. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosAston Villa

    Sounds like everyone aboard cruise ships is getting Covid

    in response I just bought $5k worth of calls on RCL.
     
  43. fish

    fish Impossible, Germany
    Donor
    Los Angeles DodgersLos Angeles RamsLos Angeles KingsSouthern California Trojans

    I bought equally into RCL, CCL, and NCLH back in April. Down 8%, 21%, 21% respectively. Hope to break even someday.
     
  44. Sportfan

    Sportfan From Six to Dumptime

    What’s everyone blowing their final FSA $ on? I have nearly $300 to spend by Friday.
     
  45. construxboy

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

    Penile reduction covered?
     
  46. Ty Webb

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

    If you’ve had LASIK or something similar, buy sunglasses
     
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  47. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    DOGE
     
  48. Sportfan

    Sportfan From Six to Dumptime

    Too many good ideas to choose from
     
  49. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    Buy 15 pairs of $20 glasses on Zenni.
     
  50. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    I bought a far infrared heating pad and they said I needed a dr to recommend it for reimbursement.