Investment Discussion Thread (2 Viewers)

[davin]

What is everyone’s top ETF? I’d say mine would be VOO

 

[Highli99]

Don't buy individual stocks unless you know what you are doing and are willing to do the homework. Indexes are more appropriate. And not the narrow indexes, broad market only.

Selling is almost always wrong. Put your money in and forget about it.

100% equity is fine until you get really old.

Matching deals for 401K plans are free money. pick up all you can.

It isn't clear that a retirement account is better than a taxable account. For modest amounts of money, you can end up paying more in taxes on an IRA than in a plain taxable account. two reasons - early withdrawals carry tax penalties and the first ~$80,000 of qualified dividends + long term capital gains are tax free. Not out of the question to have a million dollar account that generates noting but tax free income from the stock market.

Start early. Money saved in your 20's can compound into huge amounts.

This is boring, not sexy and will not make you the talk of the town. But it works and it is safe -=- DrStrange

This is the advice to follow. Particularly about being boring. Investing is like poker. You can have fun or make money. Rarely both. Know which you are doing. My retirement accounts are all low cost indexes and I barely check them annually. My crazy crypto accounts are a fraction of a percent my net worth and I check them weekly. One is fun and the other is making money.

Online poker is legit by the book play. Monthly live games is degen times. You can have cake and eat it too if you are honest with yourself and allocate $$$ rationally.

 

[Mongoose]

Don't buy individual stocks unless you know what you are doing and are willing to do the homework. Indexes are more appropriate. And not the narrow indexes, broad market only.

Selling is almost always wrong. Put your money in and forget about it.

100% equity is fine until you get really old.

Matching deals for 401K plans are free money. pick up all you can.

It isn't clear that a retirement account is better than a taxable account. For modest amounts of money, you can end up paying more in taxes on an IRA than in a plain taxable account. two reasons - early withdrawals carry tax penalties and the first ~$80,000 of qualified dividends + long term capital gains are tax free. Not out of the question to have a million dollar account that generates noting but tax free income from the stock market.

Start early. Money saved in your 20's can compound into huge amounts.

This is boring, not sexy and will not make you the talk of the town. But it works and it is safe -=- DrStrange

Simple, uncomplicated, and proven to be effective. Great advice, 100% ! Pretty much what I’ve tried to instill to my kids.

Unfortunately, they didn’t take to poker. Hopefully, they’ll at least pick up on this!

 

[HaRDHouSeiNC]

I bought apple
It did well
Just be willing to keep stuff 8-10 years and don’t look at it
Especially stocks
You’ll get scared and sell Thinking you can time the market
You can’t

Like apple did crazy good since 2014/2015
I sold some and kept some last year
I’m like 70/30 in growth mutual funds
Like zero Serious knowledge I just buy huge mutual funds that have been around 15+ years
That’s making me about 5% dividends re-invested
I’m sure you can do better if you hire a good investment strategist.
Dave Ramsey has a network of them
If you plan to invest alot like over 100/200k I’d consider it
Their fee limit maybe way way less than the extra they can make you.
I fund my IRAs now from dividends
That is about 15+ years of slow constant investing and I did VERY well with apple over a 7+ year period

I’m up huge with apple and I’ll keep what I have probably well past retirement for the growth if the whole system doesn’t collapse

Then my hedge was crypto
That’s long long term for me just because with all the new spaces using it I think it has massive utility. $125 ETH was my Best Buy after $500 BTC
ILL keep them both likely forever holding some at least

 

[JustDave]

This is the advice to follow. Particularly about being boring. Investing is like poker. You can have fun or make money. Rarely both. Know which you are doing. My retirement accounts are all low cost indexes and I barely check them annually. My crazy crypto accounts are a fraction of a percent my net worth and I check them weekly. One is fun and the other is making money.

Online poker is legit by the book play. Monthly live games is degen times. You can have cake and eat it too if you are honest with yourself and allocate $$$ rationally.

^this.

I do really stupid shit like short crypto and buy oil futures contracts, but I do it with a really small part of my assets. This is maybe 2% of my investments and honestly I've just been playing with the same pool of money for a few years, it's fluctuate a lot, but I've never put more in. I lost a big chunk with calls against MSTR. It collapsed but not quite enough . I spend a lot of time looking at list mainly so I ignore everything else.

I have some 'active' investments that I own that are AAPL, GOOG, NVDA, BRKB(I park stuff here when the other investments are 'played out').

80% is in index funds - 40% Vanguard institutional 500 and 40% mutual funds broken out as 50% consumer staples like J&J, coke, P&G, 25% in automotive, 25% in Oil. I bought the last two when everything shit the bed 2 years ago. I bought the consumer staples recently as a hedge.

 

[casinochipper22]

What is everyone’s top ETF? I’d say mine would be VOO

mine too. After I read the little book of common sense investing by Bogle, I put a majority of our money in VOO.

 

[JustDogbert]

This is real simple:

If you're going to hire someone to do it for you, hire a fiduciary. If they are not a fiduciary, do not give them a cent. I would recommend a CFP (Certified Financial Planner), they can advise you on multiple financial topics (retirement, insurance, etc.).

If you plan on DIY, select a target date fund (or ETF) near when you plan to retire (i.e. what year) and invest your money in that. It would be better if it has a low expense ratio (relative) and low turnover ratio (again relative).

The last thing you should do is try to pick stocks and "beat the market". In any given year, there are far more "loser" stocks in the S&P 500 than there are "winners"; hence why you will always hear "diversify" (the math behind "diversification" boils down to 6+ securities).

 

[utgtrash]

If snp avg is 8% why not get a 3x leveraged index etf? doesn’t that beat the market?

 

[casinochipper22]

If snp avg is 8% why not get a 3x leveraged index etf? doesn’t that beat the market?

mind blown

 

[SixSpeedFury]

Following this thread as well as I am just getting my feet wet myself.

 

[casinochipper22]

If snp avg is 8% why not get a 3x leveraged index etf? doesn’t that beat the market?

I just found this... Direxion Daily S&P 500 Bull 3X Shares (SPXL)

five year gain of 326% vs the SnP five year gain of 97%

that would take some serious balls. But sounds like fun with a small chunk of total assets.

 

[nezara]

What is everyone’s top ETF? I’d say mine would be VOO

I am primarily in VOO. When I think the market is cheap I shift some to VOOG. I think the market is extraordinarily expensive right now, so no VOOG for the moment

 

[utgtrash]

check out soxl - 3x bet on semiconductor recovery

 

[davin]

check out soxl - 3x bet on semiconductor recovery

Is it worth the 1% expense ratio?

 

[utgtrash]

Is it worth the 1% expense ratio?

Well I’m not sure how to answer that - so it is a big expense ratio vs a passively managed index fund. I suppose if you can leverage instead then you are paying margin fees. Isn’t 1% better than margin fees?