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



    Bitcoin guy def has an agenda. To be fair.
     
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  2. TAXTAXTAX

    TAXTAXTAX Well-Known Member
    Donor
    Florida State Seminoles

    Yeah well, that's not what she said. In fact, if you listen to the whole interview, she says the exact opposite.

     
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  3. bstaple12

    bstaple12 Nole World Order
    Atlanta BravesAtlanta FalconsFlorida State Seminoles

    Thank you both for informing me. It was pulled out of context and sounds much more reasonable listening in full
     
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  4. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    400k just doesn’t go as far as it used to.
     
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  5. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    ABB13E38-7207-462E-B1AC-8D250AC24C65.jpeg
     
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  6. fish

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

    Siblings and I will be selling our parent's house. We're not in a hurry but I was wondering if maybe we should be considering the market?
     
  7. dukebuckeye

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

    Personally, I’d hold for a bit. Seems like the housing market is cooling down, especially with interest rates going up.

    if you guys don’t need the cash, I might considering waiting three years or so.
     
    fish likes this.
  8. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Matters what market you're in as well
     
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  9. Det. Frank Bullitt

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

    Macro is that US housing is cooling, like buckeye said. I believe avg transaction price (or similar metric) has fallen for 3 straight months.

    If you're parents aren't buying again, it would be wiser to sell (or at least test water) now.
     
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  10. fish

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

    A suburb in L.A. County.
     
  11. Ty Webb

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

    Need to figure in the opportunity cost of not investing the proceeds of the sale in addition to the carrying costs of the home. That’s a pretty significant amount of money to make up (plus broker commission from the proceeds) in 3 years.
     
  12. Jimmy the Saint

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

    Update:
    Your Online Savings Account rate is increasing from 1.40% to 1.60%
     
  13. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

  14. 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

    what bank?
     
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    wealthfront cash acct is up to 2%
     
  16. Jimmy the Saint

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

    Ally
     
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  17. 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

    Liveoak is still at 1.4 but hoping they’ll bump up soon.
     
  18. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    came here to post this
    #AllyGang
     
  19. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    damnit you always gotta one up with this wealthfront
     
  20. Seavie

    Seavie Loading tweet...
    Donor TMB OG
    Alabama Crimson Tide

    2.12 w/Bread Savings. Up from 1.63.
     
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  21. Sportfan

    Sportfan From Six to Dumptime

    Another massive jobs report. Y’all will probably be getting 2.5% in your high yield savings accounts soon.
     
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  22. dukebuckeye

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

    Stock market futures dropped and yields spiked on Friday as markets reacted to the strong U.S. July jobs report.

    S&P 500 futures (SPX) were -0.8% shortly after the report's 8:30 a.m. ET release, while the Dow futures (INDU) were sliding 0.5% and the Nasdaq 100 futures (NDX:IND) declined 1%.

    Meanwhile, yields tilted to the topside following the report's release. The U.S. 10-year Treasury yield (US10Y) was up 11 basis point at 2.79%, while the U.S. 2-year Treasury yield (US2Y) gained 17 basis points to 3.21%. However, that left the 2/10 spread inverted at -0.41%, continuing to flash a possible recession signal.

    July nonfarm payrolls came in at +528k vs. the +250K expected and the +398K in June (upwardly revised from 372K). Additionally, the July unemployment rate was 3.5% the vs. 3.6% expected and June's 3.6% level.

    Bank of America wrote in a note that “our indicators show that current labor market conditions remain well above prior expansion peaks, consistent with a historically tight labor market. That said, they also show that labor market momentum has slowed sharply over the past year as the economy recovered from the pandemic. Labor market conditions tends to weaken when momentum is below average for an extended period of time.”

    Among active premarket stocks, shares of DraftKings (DKNG) jumped as the company reported a 56% rise in Q2 revenue and raised its FY2022 revenue outlook.
     
    Sportfan likes this.
  23. Ralph

    Ralph Well-Known Member
    Donor

    I suppose the next 6 months of those treasury i-bonds won't be that off from 9.6% either come October...
     
  24. 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

    Just jumped to 1.75% so that’s neat go us
     
  25. Whammy

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

    Been thinking alot about the infrastructure deal earlier this year, the CHIPS bill, and the IRA bill with all the investments in the green infrastructure....almost all of that spending / effects of that spending have not been realized in the economy and are slated to be spent in the coming decade.

    Hypothesis: Even if the economy softens later this year or early next....we have alot of domestic stimulus coming down the pipe that derisks the US a bit from the rest of the globe. I haven't seen a ton of people talking about this.

    Is there a good break down of infrastructure / CHIPS that lays out spend schedule and how / where those outlays go?
     
    #28075 Whammy, Aug 5, 2022
    Last edited: Aug 5, 2022
  26. ScFan27

    ScFan27 Well-Known Member

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  27. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    Is it better to do the college savings plan through the state or through a private brokerage account like Vanguard?
     
  28. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    If you get a state tax break, then through the state. If not, I don't think it matters. For example, in SC 100% of the contribution is a state tax deduction but you have to use the state 529 plan.
     
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  29. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    after digging around some more , the tax benefit through the state isn't good enough to justify the higher expense ratio over Vanguard and I like Vanguard's investment options better.
     
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  30. Stone Cold Steve Austin

    Stone Cold Steve Austin Tickler Extraordinaire
    Donor
    Alabama Crimson TideAtlanta Braves

    Got a link to the vanguard options?
     
  31. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    I don't know if there is a link that lets you look at all the different options. I got lazy and just selected the 2040 target date. To be fair it is like 90% equities for now. I intended on dumping 100% into VTSAX or some other total index fund and being super aggressive while she's young. But I have friends with their Vanguard 529 in VTSAX. Again, not sure what all funds you can use.
    https://investor.vanguard.com/accounts-plans/529-plans
     
  32. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    It's a $3k minimum investment FYI and they won't let you fund it by rolling over some money from your existing brokerage account :feelsbadman: They give you a QR code that you can share with relatives. Better believe I'm sending that shit to all the aunts, uncles, grandparents, etc. Not shame in my solicitation.
     
  33. The Blackfish

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

    I think Gump is in MS. Alabama’s plan is pretty good and has Vanguard funds to choose from.

    https://www.collegecounts529.com
     
  34. BigReff73

    BigReff73 Well-Known Member
    Donor
    North Carolina State Wolfpack

    I like the tax benefits of the state offered 529. I’ve been wanting to start one for my newborn son but I need a SSN and they take up to 2 months to get one so I’m sitting her watch the market recover while I can’t do anything about it.
     
  35. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    You can create one under your SSN and transfer it.
     
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  36. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    I was just looking at one of the funds my 401K is in (we just got a new provider/servicer) and one of the top 10 holdings is Rivian lol sweet
     
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  37. Ty Webb

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

    What’s the fund?
     
  38. letan

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

  39. ScFan27

    ScFan27 Well-Known Member

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  40. Sportfan

    Sportfan From Six to Dumptime

    Finally sold my last bit of Facebook/META off, feels good to cleanse myself. Should have done it a longtime ago.
     
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  41. brolift

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

    So glad inflation and the bear market is over
     
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  42. Sportfan

    Sportfan From Six to Dumptime

    Well at least for a month! With the fed not meeting until September the shorts will be feeling it coming off this data and the jobs report.
     
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  43. brolift

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

    Fuck ‘em
     
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  44. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    PRUFX - T Rowe Price Growth Stock. It’s the only growth one I saw, other than a dividend growth fund which I also have.
     
  45. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    My most recent purchases have been:
    O
    IBM
    USB
    UPS

    with the exception of a few, I've reached the boring dividend phase of my investing journey. Good times were had in my brief day-trading career and over in wallstreetbets. I had/have more than I care to admit in JPGs and GIFs on OpenSea and Dapper products, and I've dabbled in Groundfloor, Prosper and others, but alas, I've come full circle.
     
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  46. 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

    Is this a safe space for TTD owners to post a win? It feels nice.
     
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  47. Ty Webb

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

    That’s too bad there’s not an index option available. Something like VTI has had much stronger performance over the last 1 and 5 year periods.
     
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  48. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Yeah agree, I might look into the Dividend Growth one and compare. Or at least see if there’s one I missed.
     
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  49. Ty Webb

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

    What’s the ticker on the dividend growth fund? Hell feel free to post the list of investment options if you’d like.
     
  50. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Dividend Growth is PDGIX

    Other options, just naming everyone that’s not a target date, so I don’t miss one:
    FGTXX
    FOSPX
    FTRLX
    VBTIX
    FOBPX
    PRUFX
    PDGIX
    VINIX (doesn’t look bad)
    AEUDX
    OEGIX
    TRMIX
    VEXAX
    FOSBX
    VRTIX
    TROIX
    ODVIX
     
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