Official Investing Thread

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

  1. RockHardJawn39

    RockHardJawn39 Not all time is Standard time, bitch
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    Documenting crimes is generally a bad idea. Hope you find this advice helpful.
     
  2. Tommy Jefferson

    Tommy Jefferson Well-Known Member
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    Nebraska CornhuskersKansas JayhawksKansas City RoyalsKansas City Chiefs

    Asking if there is a LEGAL way to lower tax liability sure ruffled some feathers. Some of you guys need to chill
     
  3. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    If he asked it this way no one would have responded the way they did
     
  4. Agerbomb

    Agerbomb Well-Known Member
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    Has anyone taken a 401k loan as an alternative to a bridge loan/buying a house as contingent? It would be used for the down payment and would be paid off once our house sells.

    I need to research it further but from my super basic/quick research, seems like a decent option if I can pay it back quickly, which I’d likely be able to do in a month or two at longest. Anything I might not be considering?
     
    gocams likes this.
  5. FelipeG

    FelipeG Well-Known Member

    QQQM, VTG or XLK?

    Which tech etf would you choose?
     
  6. Chumbolone

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

    ¯\_(ツ)_/¯ depends

    [​IMG]

    QQQM has full exposure to FAANG, VGT only has a couple of FAANG stocks, but VGT has larger allocations to their top holdings (Microsoft/Apple) and lot more different tech adjacent companies I believe (is that better?, idk). I’ve read 100% of XLK is in VGT, so VGT is more diversified, but different allocations I believe. Similar returns and expense ratios, but they track different indices.

    All high risk. I’d probably lean QQQM if I’m looking to tilt, but I couldn’t make up my mind and just split the difference and own both QQQM/VGT.
     
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  7. FelipeG

    FelipeG Well-Known Member

    I clicked around a bit and read through several articles but like you I still wasn't really sure which to choose.

    I'll probably do the same and split 50/50 QQQM/VGT.

    Thanks
     
  8. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    I know it was necessary and saved a lot of jobs, but printing billions of dollars appears to have broken the way the market is supposed to work.
     
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  9. Sportfan

    Sportfan From Six to Dumptime
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    kind of an odd post on the day the Nasdaq closes at an all time high
     
  10. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    They are cutting rates to try to ease inflation and the market is roaring. That’s all I was pointing out.
     
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  11. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    Edit: I get what you’re saying. I’m mostly curious if they keep dropping rates and the market keeps surging if they have to raise fed funds again
     
  12. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    You need to follow better finance people
     
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  13. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

    It was poorly worded on my part.
     
    Sportfan likes this.
  14. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    The current Treasury run in face of rate cuts is basically exclusively due to wall Street building in trump wins odds and how they think he will spike inflation
     
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Vs anything to do with money supply, qe/etc
     
  16. One Two

    One Two Hot Dog Vibes
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    Auburn TigersAtlanta Braves

  17. Eathan Edwards

    Eathan Edwards Well-Known Member
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    New Orleans PelicansNew Orleans SaintsMississippi Rebels

    brb - setting up my niece's hedge fund:

    upload_2024-10-28_17-38-1.png
     
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  18. Bert Handsome

    Bert Handsome I'm sorry I'm late, I didn't want to come
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    If the complaint is that there should be more carnage and ability to pick winners and losers in the market, passive investing and moving from mostly defined benefit to defined contribution are to blame just as much as economic/monetary policy. There is an endless bid propping up the market by index funds.
     
  19. BP

    BP Bout to Regulate.
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    Yeah I did it for a down payment for a house like 10 years ago. Low interest rate and paid the interest back to myself. And if you can pay it off in a few months all the better.
     
    One Two, Agerbomb and Struggler like this.
  20. —

    Well-Known Member
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    dblplay1212 whats up with Mortgages and why are my stocks in that sector down today? TIA
     
  21. dblplay1212

    dblplay1212 Well-Known Member
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    Fed announced a rate reduction on 9/18. Funny thing is rates were at the lowest on 9/16 and have done noting but climb since then. Classic buy the rumor, sell the news, I guess. But now the market is still building in another cut next week at 99% likely and rates are still going up every week. I give up trying to understand it.

    upload_2024-10-29_17-6-31.png
    upload_2024-10-29_17-7-32.png
     
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  22. —

    Well-Known Member
    Donor

    Nice, I've had two stocks beat earnings expectations in the past two days and immediately plummet. Love the FREE MARKET
     
    dblplay1212 likes this.
  23. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Rates up because markets think Donald wins and blows the deficit up and spikes inflation more with tariffs
     
  24. —

    Well-Known Member
    Donor

    [​IMG]
     
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  25. dblplay1212

    dblplay1212 Well-Known Member
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    I will say I about shit a brick when I pulled up Fed Watch. This morning it had 450-475 on the left and 475-500 on the right so the tall blue bar was on the left. It was like 96% to drop to 450-475. Apparently at some point today they shifted 450-475 to the right and added 425-450 on the left, a .5 reduction, but all I saw was big blue bar on right and thought something happened to make everyone jump to no decrease.
     
  26. The Hebrew Husker

    Donor
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    That bar graph has thrown me off a few times when they change it like that. Just default to scrolling below in the table where it lists it in order (or has until I mentioned it)
     
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  27. dblplay1212

    dblplay1212 Well-Known Member
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    lol it just moved back to the right, caught me again

    upload_2024-10-29_17-57-29.png
     

    Attached Files:

    The Hebrew Husker likes this.
  28. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I think they're way out over their skis, if Kamala wins it'll get unwound...eventually after probably another violent coup attempt
     
    FelipeG and like this.
  29. —

    Well-Known Member
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    Great now I have homework and need to learn what these mortgage graphs mean.
     
  30. The Hebrew Husker

    Donor
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    Those are essentially the forecast/projections for the Fed Rates at each upcoming meeting.
     
    likes this.
  31. —

    Well-Known Member
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    I will study the dumb fed rates
     
  32. kinghill

    kinghill Cool American Flavour
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    did BTC hit another ATH?
     
  33. —

    Well-Known Member
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    Either did or is approaching
     
  34. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Anybody else in Fidelity for 401K? New job benefits just kicked in and it's Fidelity for the first time. Their default for me is FID FDM IDX 2050 IPR, target date fund. Exp Ratio is 0.08% , which is better than anything I previously had. Here are their more standard options. Any changes you'd make? That target date fund seems ok, 54% total US market index, 36% global index, but then 10% bonds which seems maybe a little conservative for somebody not yet 40?

    IMG_0025.jpeg
     
    FelipeG likes this.
  35. TDintheCorner

    Donor
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    We have Fidelity at my job. It's far and away the best option I've had for a 401k provider. Target dates are fine but like you said, I just turned 40 and want to be more aggressive. Right now my breakdown is:
    FXAIX - 98.53%
    FTIHX - 0.95%
    FXNAX - 0.52%

    I updated my future allocations a couple months back to 75%, 15%, 5% and am just letting the portfolio slowly rebalance over time.
     
    #31885 TDintheCorner, Oct 30, 2024
    Last edited: Oct 30, 2024
    FelipeG and Baseballman86 like this.
  36. Clemson327

    Clemson327 Well-Known Member
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    Clemson TigersCarolina Panthers

    I have Fidelity as well, but I have very different options available. Here’s my breakdown.

    IMG_5933.jpeg
     
  37. kinghill

    kinghill Cool American Flavour
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    yes Fidelity for 401k

    I didn't recall seeing that target date index 2050 fund in my options. I went with a 3 fund setup containing:

    FXAIX Fidelity 500 Index Fund ER 0.015%
    FSGGX Fidelity Global ex U.S. Index Fund ER 0.055%
    FXNAX Fidelity U.S. Bond Index Fund ER 0.025%

    FIPFX (ER 0.12%) looks good I just recommended it to my sister for her Roth IRA, or to at least get that instead of FFFHX (ER 0.75%) if she was looking at a target date fund.
     
  38. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    Mine has a S&P fund that isn't a direct standard Fidelity fund. I have a good chuck in there but put most of mine into Brokeragelink to get the IShares ETFs.
     
  39. FelipeG

    FelipeG Well-Known Member

    I'm still holding some Fidelity mutuals after rolling over my old 401k into my IRA account.

    FXAIX
    FSPGX
    FSMDX
    FSSNX

    I had to cash out the target date fund and some other crappy mutuals.
     
    Baseballman86 likes this.
  40. infected donkey

    infected donkey Arkansas Razorbacks
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    Yes I did this to fill a month gap between selling/buying.
     
    Agerbomb likes this.
  41. user15000

    user15000 Well-Known Member

    Close but not yet. Meanwhile Saylor is running laps around the SP500



    IMG_4232.png IMG_4233.png
     
    #31891 user15000, Oct 31, 2024
    Last edited: Oct 31, 2024
  42. Mr. Bean

    Mr. Bean Well-Known Member

  43. —

    Well-Known Member
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  44. hood b. goode

    hood b. goode shytposter
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    crypto dorks, without exception, think trump cant lose

    Just put my memecoin recommendations in the mcdonalds bag, bro
     
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  45. Arliden

    Arliden Well-Known Member
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    Lol don't be so biased. The rate move is not all because of some perceived Trump win, it mainly has to do with stronger data thats come in. Some of it having to do with the drop in rates over the past 4 months. It will get unwound when this recent increase in rates shows back up in the data and data softens.
     
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  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I'm parroting what everyone smart is saying as it coincided with the betting odds shift and has been discussed everywhere as a reaction to impact studies regarding Trump's economic plans
     
  47. Arliden

    Arliden Well-Known Member
    Donor

     
  48. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    He admits like 3 comments down that they could be related he's just not convinced it's one over the other.
     
  49. Arliden

    Arliden Well-Known Member
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    What he says verbatim when someone asks "Both things cant be true?" is "Sure, but the question is what is more important"

    Another point to make is there has been a very clear unwind in Trump trades the past two days (just look at DJT stock) and rates are pretty much unchanged in the same time period.
     
  50. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I absolutely agree that Trump trades have backed off the last two days