Official Investing Thread

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

  1. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersNew Orleans SaintsGrateful DeadMississippi Rebels

    Was about to go toss $10k at my student loans until I saw they're at a fixed 3.3% interest rate and Bo Pelinis pointed out SWVXX is at 4.27%.

    Now I'll probably hold the cash in my checking account for another month or so being indecisive
     
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  2. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  3. Chumbolone

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

  4. soulfly

    soulfly Well-Known Member
    Donor
    Seattle MarinersSeattle SeahawksBarcelonaSeattle SupersonicsSeattle SoundersSeattle Kraken

    Who is that?
     
  5. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the christian bale character from the Big Short

    he's a huge moron but the finance bro sect worships him. obviously.
     
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  6. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Online savings account now at 3.75%, exciting!
     
  7. The Blackfish

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

    Back at an all time high
     
  8. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Traeger on a nice little run. +27% overall. Fair warning, grill industry still sucks, so I expect more dips, but I'm all-in on this thing doubling/tripling over time or more
     
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  9. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    When does someone signal to Powell he’s being way too dovish and the markets are turning positive on his words :loldog:
     
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  10. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    I’m sure I could look this up, but anytime I look at historic rates I wonder about this. When rates were 15-20% back in the early 80s was that mostly related to inflation? Couldn’t imagine having a mortgage loan in double digits lol
     
  11. Arliden

    Arliden Well-Known Member
    Donor

    Yes, Volckers goal (Powell of that era) was to subdue inflation.
     
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  12. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Volcker was psychotic and awful

    also Wealthfront 4.05% cash account is nice
     
  13. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    how are our cash hoarders doing
     
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  14. Arliden

    Arliden Well-Known Member
    Donor

    At 4.5% I’m sure they are doing fine.
     
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    if we get a soft landing missing the run up that already happened will vastly outstrip a few months of high interest rate cash accounts

    trust the process of the bogle
     
  16. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    My accounts were up over 8% this year, praise Bogle.
     
  17. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I had cash that I would normally have in savings in a money market account at 4% otherwise been maxing everything for over a year. Why not both dot gif
     
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  18. Arliden

    Arliden Well-Known Member
    Donor

    If you get the soft landing, sure. Jury is still out on that portion.

    Investing is so variable from case to case. For most just buying in on dips is just dandy, others can be more selective. Currently I find the risk reward not great for a purely long only portfolio.
     
  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    timing the market bad. always be deploying what you intend to invest.
     
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  20. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I, for one, am glad we’ve all been dollar cost averaging the last year
     
  21. Arliden

    Arliden Well-Known Member
    Donor

    Blanket statements don't fit all. If all one did was invest long only in SPY then sure.
     
  22. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  23. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    timing the market is bad and -ev

    its a fact
     
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  24. Arliden

    Arliden Well-Known Member
    Donor

    If you are long only SP500 sure.
     
  25. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Am I wrong for thinking half of this could be placed in an S&P500 etf?
     
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  26. Arliden

    Arliden Well-Known Member
    Donor

    No, if its nothing you care about and won't need in the next 3-5 years then go right ahead.
     
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  27. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    It could be. He just runs the risk of a down turn and not having the money he expects to want to use.
     
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  28. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    If he wants shorter term access to it then it might not be the best decision to possibly lose a decent % in a possible market downturn
     
  29. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Pretty happy to miss most of the downmove last year, but this rally certainly making me sweat a bit. Still inclined to think BMR but we’ll see
     
  30. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    I suppose I treat my brokerage account more like a checking account than most. I keep $3k-$5k in checking then put the rest in market/sector index etfs.
     
  31. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
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    I'd be curious to hear what everyone's strategy is with that.

    I keep ~3-4k in my checking at all times. I have an account for my mortgage that I keep around 10k at all times. Then I have a savings account where I keep ~100k that I use for big purchases/emergency fund. Everything else goes into my investment accounts.
     
  32. Arliden

    Arliden Well-Known Member
    Donor

    Checking 5-6k, savings account at roughly 10-15k for emergencies, and then rest goes into brokerage account for a house.
     
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  33. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i keep 3 months of expenses in high rate checking. let this grow a tic at end of year to do backdoor roth. max 401k.

    the excess is invested in brokerage that i never take money out of

    i'm a little low of my goal in checking for various reasons at the moment and I hate it
     
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  34. dukebuckeye

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

    I get anxiety anytime my savings dips. I just paid that huge tax bill a couple weeks ago and I told my wife she's not allowed to spend any money for a month.
     
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  35. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    A few thousand in checking, ~$20k in Ally for normal funds, $40k in Ibonds/Ally for emergency fund. But we're a single income family of 5, so I prefer having the cushion. If we were dinks or both working it'd be less.

    Max 401k, HSA, 2 Roth IRAs, some in MBDR, some in taxable, 3 529s.
     
    #29435 billdozer, Feb 1, 2023
    Last edited: Feb 1, 2023
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  36. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    ~$4k in checking. Max HSA. Max Roth IRA. Pension. Remaining goes into brokerage/etfs to use for traveling or save for house (lol San Diego).
     
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  37. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Wife is looking at a pretty solid raise at work soon. If so I'd prob max a 403b that she has access to and otherwise be pretty much out of tax advantaged options. Trying to keep that AGI down as much as possible.
     
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  38. Uncle Tupelo

    Uncle Tupelo Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCleveland Browns

    1k in checking, 6 months expenses in a HYSA, Max tax-advantage retirement accounts, anything left over after normal monthly spending goes into a brokerage. If I had interest in rental property, or savings for some other long term goal ( >5 years out) I'd probably dial back a bit on retirement and put more into a brokerage for liquidity purposes. Currently saving for a large-ish home renovation in the next few years in the same HYSA I have my E- fund in.

    We're dinks in very stable careers so 6 months savings is probably overkill, but it feels good knowing those funds are there if we need them.
     
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  39. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    ~$10K in checking, ~$10K in money market. Every other penny is invested somewhere along the lines (401k, Roth IRA, then brokerage).
     
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  40. Jay Jay Okocha

    Donor

    Same with layoffs, often an outrageous waste of real shareholder value but a flex by C Suite execs (who take full responsibility!) that they’ll make the “hard decisions”.
     
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  41. TDintheCorner

    Donor
    Georgia BulldogsAtlanta BravesAvengersUnited States Men's National Soccer Team

    Keep as little as humanly possible in checking (usually around $2k or less) and now that the emergency fund is pretty full the rest is going into brokerage. Don’t count retirement accounts or HSA since I never really see that money.
     
    #29441 TDintheCorner, Feb 1, 2023
    Last edited: Feb 1, 2023
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  42. Joystick Izzy

    Joystick Izzy Well-Known Member
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    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    $15k in checking
    $100k in savings
    Everything else goes towards retirement accounts (401k, roth, cash balance, taxable), 529 for three kids, HSA

    I probably keep way too much cash between checking/savings but it makes me feel better about the liquidity if needed.
     
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  43. construxboy

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

    We're pretty risky with only about 2 months of expenses in cash/checking/savings. Two teenage daughters. Also have about half of monthly expenses coming in as passive income each month. I like to be in the market as much as possible.
     
  44. zachary

    zachary <3
    Donor
    UTSA Roadrunners

    damn i thought i was pretty well off financially but some (majority) of you make me feel really poor. hoping most of you are well past 30
     
  45. dukebuckeye

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

    Since we’re kind of on topic- what are your monthly expenses?

    We sit at about $15k. Family of six.
     
  46. dukebuckeye

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

    37. Just started making some real moves in the last five years.
     
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  47. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Averaged ~$7000/month over the last 4 years not including any savings, family of 5. But that number includes basement remodeling and buying a tractor. Budget is ~$5400/month, and there's usually $500/month or so non budgeted items.
     
    #29447 billdozer, Feb 1, 2023
    Last edited: Feb 1, 2023
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  48. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    39.
     
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  49. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    always wondered these amounts, that’s fucking absurd, $180k a year goddamn the stress would consume me.

    Single, mid 30’s, $3300/month. Rent is more than half that amount.

    People with $100k+ in savings at least have that’s in a money market or high yield please.
     
  50. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Jesus Christ
     
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