Official Investing Thread

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

  1. Chumbolone

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

    That may be well and true, but it’s the last bit about “social strivers” + printer go brrrr that kind of foretold the mess we’re in.
     
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  2. FelipeG

    FelipeG Well-Known Member

    Nah 15-20 years

    It still sucks though.
     
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  3. dukebuckeye

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

    I'm calling the bluff on this bounce. Just padding for the next wave down IMO.
     
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  4. Chumbolone

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

    Same. BTFD has reached mainstream consciousness.
     
  5. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    didn’t she buy HOOD recently too


     
  6. jbr

    jbr Well-Known Member
    Donor TMB OG

    I love the “I’m not even trying to make it seem realistic” liars…of which one lives down the street.

    I’m at a neighborhood kid’s birthday party and he’s there. He immediately goes into investing.

    1) He went all cash about 3 months ago. Just knew something was brewing.
    2) I have a bad position in Netflix (currently DCA at $220). He made a ton of money off Netflix. Bought it at 30 and sold at 750. So you held that position for 10 years? Crickets.
    3) Did the same with Tesla. Bought at 200 and sold at 1200.
    4) Knew crypto was going to shit the bed and liquidated those positions in April.

    Just a timing genius.
     
  7. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    maybe he has a time machine
     
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  8. Arliden

    Arliden Well-Known Member
    Donor

  9. letan

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

    earnings have been relatively strong, right? so maybe a positive sign?
     
  10. burnttatertot

    burnttatertot Señor Ringworm
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Yes, but guidance has mostly been shit. Prepare your anus.
     
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  11. Sportfan

    Sportfan From Six to Dumptime

    Walmart with a big miss, premarket was way up before they announced. Didn’t move the market much but they took a hit as did Target.
     
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  12. Arliden

    Arliden Well-Known Member
    Donor

    Yes but markets are always forward looking and as butteratot mentioned guidance hasn’t been great. The second half of the year will be interesting, maybe the consumer levers up and we don’t slow that much maybe they reduce purchases because of food and gas and everyone already got the goods the wanted during the pandemic.
     
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  13. Arliden

    Arliden Well-Known Member
    Donor

    Target now too
     
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  14. TAXTAXTAX

    TAXTAXTAX Well-Known Member
    Donor
    Florida State Seminoles

    Does anyone do any foreign currency trading in here? I was looking at buying some dollar index. Would an ETF be the best way?
     
  15. Whammy

    Whammy Look kids, Parliament!
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Looks we getting a value reset and poor earnings....hold on to your buttholes boys
     
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  16. dukebuckeye

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

    This is fun. Stocks are fun.
     
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  17. The Blackfish

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

  18. Chumbolone

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

    I’m here for it… sitting on the sidelines sucks and just makes me want to gamble on crypto.
     
  19. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    So this seems kinda bad

     
  20. dukebuckeye

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

    Explain this to me like I’m eight.
     
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  21. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    From what I understand it rules that the SEC enforcing it's rules and regulations is unconstitutional.
     
  22. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    What's a good low expense general total stock market EFT to buy via TD Ameritrade that doesn't involve high commission fee

    My HSA account is going away and I have like $3k cash in there to throw into the market that I'll just leave there for 20 years
     
  23. jcb-r

    jcb-r Back and better than ever
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    VTI.
     
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  24. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    I am not good at this

    upload_2022-5-19_12-1-27.png
     
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  25. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    At least the short term losses are smaller!
     
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  26. FelipeG

    FelipeG Well-Known Member

    I'm down over $100K in my retirement accounts since the peak in October-November.
     
  27. Jesse Palmer

    Jesse Palmer Hair Product & Roses
    Donor

    I’m now convincing myself that the bull run was fake and I shouldn’t even consider that I was up so much.
     
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  28. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    You should just not look at your retirement accounts.
     
  29. Frankie Carbone

    Frankie Carbone eh che se dice
    Florida State SeminolesNew York YankeesNew York KnicksTampa Bay BuccaneersOrlando CityLazio

    upload_2022-5-19_16-10-2.gif
     
  30. Jimmy the Saint

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

    Or just be ok with them going up and down. Unless you're on the verge of retirement it's a totally pointless exercise.
     
  31. TAS

    TAS 20_ _ TMB Poster of the Year
    Donor

    This.

    Obviously it comes with some emotional collateral damage, but I do think it's useful to have some idea of how your account performs in different markets. Unless you're 100% confident that you're utilizing the optimal saving & investment strategy, you need to be looking at your performance and if it's meeting or failing to meet your personal investment goals.
     
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  32. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    Mine is literally just a dip buying machine
     
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  33. Jimmy the Saint

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

    Big difference between being aware and assessing and compulsively checking to the point of it bothering you during a market downturn well outside of retirement age.
     
  34. FelipeG

    FelipeG Well-Known Member

    I'm Long with a 15-20 year horizon. No sweat here.
     
  35. TAS

    TAS 20_ _ TMB Poster of the Year
    Donor

    True
     
  36. fish

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

    There won't be a market in 15-20 years. The end of the world is nigh!
     
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  37. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    So what if you were 63 years old last year and watched the run up. What steps would you have taken 2021-2022?
     
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  38. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    Personally, I wouldn’t have “changed” anything. I’d either already be invested in a more conservative asset allocation at 63 if I couldn’t handle a downturn or I’d have enough money saved that it wouldn’t really matter for my longterm plans.
     
  39. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    If you’re 63 and not absurdly wealthy you should already have limited exposure to risk. I got my parents out of equities 5 years ago. Watching the growth hurt but watching the fall has been better. If you’re at or near retirement age and can’t afford to watch your retirement cut in half you shouldn’t be in there in the first place.
     
  40. construxboy

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

    The secret really is to bucket stuff. You want to have what you need in the next couple of years in cash, then a few years in bonds, then a few years in blue chip dividend stocks and then the rest in growth stocks. You can't retire at 67 and put everything in cash/bonds because the money you need if you live to 80 will be shit. That bucket should still be in stocks. Just have cash to get from 67 to 70 in case the market sucks and you don't want to sell bonds or stocks.
     
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  41. Arliden

    Arliden Well-Known Member
    Donor

    To be honest they probably got smoked.

    The thing that is different this go around compared to past market crashes is that bonds have not been the safe haven they were in 08 or March 2020. Already there has been more net worth lost in this crash than in 2008 and thats mainly due to what has been happening in bonds.

    Take for instance the Vanguard 2030 fund, its down close to 28% compared to SPY thats around 18%, 28% is nasdaq levels a supposedly far riskier investment than a 2030 target fund thats within a decade of retirement.
     
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  42. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I remember hearing how my wife’s grandparents had made an absurd amount of money in retirement through their financial advisor who they never questioned. I was like the fuck are they doing in any investments with a return like that at 85-90.
     
  43. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    my parents almost exactly in the age of the hypothetical and had a conservative position largely dodging all this
     
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  44. Arliden

    Arliden Well-Known Member
    Donor

    To answer the actual question from the perspective of a 401k that has like 10 options and theres really nothing to do but some things I personally changed:

    I went to equal weight on my SP500 fund rather than market cap weight, and I had like a 1/3rd in a "mid cap value" fund which is about the only exposure to energy stocks I could find at like 8%, only thing its done is just lost less.

    Only other real options are put it in a stable cash fund.
     
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  45. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Wow. This is what I was going to ask next. I’m in Vanguard 2045… and was wondering how it would do in a down market, considering that it changes over time to reduce risk as I near retirement.

    So 2030 down a lot… I guess you just ride it out if you’re in the 2030… assuming you’re a healthy 59-62 years old?
     
  46. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    You should have shifted 100% to NRGU.
     
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  47. Arliden

    Arliden Well-Known Member
    Donor

    Its still going to lose money, but the usual mantra for 40+ years has been when equities are down bonds are a safe haven and that has not been the case this go around.

    Just comparing the pandemic crash to the one we are currently in today, the 2030 target fund low closed down 25% where SPY closed down 32% in 2020, the bond hedge in those accounts reduced the pain of that crash. Now this go around its quite the opposite, its actually making it significantly worse.

    But yea if you are not an investing person then you just ride out your 2030 fund and hope for the best.
     
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  48. FelipeG

    FelipeG Well-Known Member

    That's a bet that you can only win once. Even if you do win, who'll be around for you to collect?
     
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  49. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    I haven’t looked at the target date funds but I would imagine they are getting equally smoked since bonds are also down bad.
     
  50. Arliden

    Arliden Well-Known Member
    Donor

    Worse.
     
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