Author Topic: New To Investing Thread  (Read 332104 times)

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Online michigancat

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Re: New To Investing Thread
« Reply #2600 on: May 09, 2020, 11:03:00 AM »
Sounds kinda culty when you talk about residential property management, KITN. You may be right about what will happen, but there's just something about your tone.
Not sure what that means haha. Does the haha help or hurt my tone?
You are very passionate and devoted!

Offline Pete

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Re: New To Investing Thread
« Reply #2601 on: May 09, 2020, 11:08:41 AM »
i have like 90% of my retirement in a target retirement fund, and i just want someone to tell me that's a wise strategy
That’s a wise strategy


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Yeah, agreed.  The biggest mistake is not saving in the first place. The second biggest is trying to beat the market.  meow meow is going to get a (mostly) normal return on his investment (if we assume your service provider doesn't have crap fund managers, which does happen).  Our retirement funds are not there to get us rich.  Trying to beat the market in your retirement fund is rough ridin' crazy.  I want to match the market at the lowest cost possible.

I mean, eff.  It seems like madness to NOT dollar cost average (regular period investing) in index funds.





Offline treysolid

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Re: New To Investing Thread
« Reply #2602 on: May 09, 2020, 01:08:58 PM »
And to those concerned about diversification, look what EM and Int'l Stocks did in 2012 and 2017. Move your money now and you'll just miss the next ride up. And look at the "Equal Weighted" return.
https://awealthofcommonsense.com/2020/01/updating-my-favorite-performance-chart-for-2019/

As Sam Hinkie once said, "Trust the Process".

lol. the 10-year column in that "quilt" shows that large cap stocks have out-performed EM by >10% over the last 10 years. Who cares about two individual years?

I'm not going to change my portfolio (20% Intl Stock) based on recency bias is all I'm saying.

10 year returns ending 2014, EM and REITs (which included 2008 the one of the worst real estate crashes ever) outperformed Large Caps. If you think the greatest bull market in history picks up right where it left off, yes, go all in S&P. I'm assuming you didn't rush to EM and REITs in 2014 though.

To be fair, if 90% S&P and 10% govt bonds is good enough for Buffet's widow, hard to argue with.

I'm not divesting from my international stuff right now, either. I was just wondering aloud if this "you need to diversify" advice is advice that's been passed down through recent generations and was the best advice for those eras but isn't necessarily the best advice for our current era. Like, if this was the 1700's, knowing what we know now, I'm rocking with the East India Company (atrocities aside). What if domestic, large cap stocks are the "East India Company" of our current era and will be for the next 50-100 years?

Online steve dave

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Re: New To Investing Thread
« Reply #2603 on: May 09, 2020, 01:11:49 PM »
I'm betting that's going to be the case trey

Online steve dave

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Re: New To Investing Thread
« Reply #2604 on: May 09, 2020, 01:15:20 PM »
I mean, the S&P is only down 9% for the year and the Nasdaq is positive through this mess. The big are going to get bigger at cut rate prices. Millions of small and medium business will suffer or fail but you better believe Amazon, Microsoft, etc. are going to thrive. And the US is going to come out of this in significantly better shape than any other country.

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Re: New To Investing Thread
« Reply #2605 on: May 09, 2020, 02:39:58 PM »
I mean, the S&P is only down 9% for the year and the Nasdaq is positive through this mess. The big are going to get bigger at cut rate prices. Millions of small and medium business will suffer or fail but you better believe Amazon, Microsoft, etc. are going to thrive. And the US is going to come out of this in significantly better shape than any other country.

That's my bet too.  :pray:

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Re: New To Investing Thread
« Reply #2606 on: May 09, 2020, 02:40:36 PM »
And to those concerned about diversification, look what EM and Int'l Stocks did in 2012 and 2017. Move your money now and you'll just miss the next ride up. And look at the "Equal Weighted" return.
https://awealthofcommonsense.com/2020/01/updating-my-favorite-performance-chart-for-2019/

As Sam Hinkie once said, "Trust the Process".

lol. the 10-year column in that "quilt" shows that large cap stocks have out-performed EM by >10% over the last 10 years. Who cares about two individual years?

I'm not going to change my portfolio (20% Intl Stock) based on recency bias is all I'm saying.

10 year returns ending 2014, EM and REITs (which included 2008 the one of the worst real estate crashes ever) outperformed Large Caps. If you think the greatest bull market in history picks up right where it left off, yes, go all in S&P. I'm assuming you didn't rush to EM and REITs in 2014 though.

To be fair, if 90% S&P and 10% govt bonds is good enough for Buffet's widow, hard to argue with.

I'm not divesting from my international stuff right now, either. I was just wondering aloud if this "you need to diversify" advice is advice that's been passed down through recent generations and was the best advice for those eras but isn't necessarily the best advice for our current era. Like, if this was the 1700's, knowing what we know now, I'm rocking with the East India Company (atrocities aside). What if domestic, large cap stocks are the "East India Company" of our current era and will be for the next 50-100 years?

I really like this analogy. 

Offline IPA4Me

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Re: New To Investing Thread
« Reply #2607 on: May 13, 2020, 08:13:01 AM »
Also if you are in REIT you've got your ass kicked through this thing and I'm betting that ass kicking is going to continue for a long time because there are a lot of people that will just never go back to the office after this thing clears up. If I had any stand alone REIT I'd take the bounce that has happened to this point and move it. I'm wrong like half the time which is why I still have a stupid job so tifwiw.
You're not likely to be wrong here.


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Offline DaBigTrain

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Offline Kat Kid

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Re: New To Investing Thread
« Reply #2610 on: June 08, 2020, 01:48:59 PM »
Those people should definitely take profits.

Offline Kat Kid

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Re: New To Investing Thread
« Reply #2611 on: June 08, 2020, 01:49:29 PM »
Also, when is my bitcoin going to take off?

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2612 on: June 16, 2020, 02:26:00 PM »
Guess I should get my oil tanker full of crude ready to sell soon huh  :dunno:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2613 on: June 22, 2020, 08:46:49 PM »
I bought a bunch of gold shares recently and it felt kind of dirty but feeling a lot better about it now.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Re: New To Investing Thread
« Reply #2614 on: June 23, 2020, 08:39:14 AM »
I bought a bunch of gold shares recently and it felt kind of dirty but feeling a lot better about it now.

You should buy gold coins/bars and bury them in your backyard.

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Re: New To Investing Thread
« Reply #2615 on: June 23, 2020, 08:49:13 AM »
I bought a bunch of gold shares recently and it felt kind of dirty but feeling a lot better about it now.

You should buy gold coins/bars and bury them in your backyard.
Seems like a lot of work
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline Kat Kid

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Re: New To Investing Thread
« Reply #2616 on: June 23, 2020, 11:19:48 PM »
I sold my Spotify at $235, like an idiot.

Offline Kat Kid

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Re: New To Investing Thread
« Reply #2617 on: June 24, 2020, 04:56:19 PM »
One key piece of advice I would offer is you should definitely do something without thinking more than 30 seconds about it then think about nothing else besides whether you did a good or bad thing for the next 72 hours.

I’m not saying you stop doing other things during this time, just that you will be adding and subtracting things on a rolling basis over that 72 hr window.

You don’t have to actually do too much real analysis or research, you mostly just watch CNBC and see what they are saying and scroll your portfolio with your brow furrowed, nodding and shaking your head.

Also, sometimes you will see something on the stocks app on your phone on your “watchlist” or see one of the “leaders & laggards” on the crawl and see a stock ticker you once almost bought or you just sold, or even better “I own that crap!”

This is the life you have chosen for yourself.  The life of a trader—puts, Calls, mostly just market order buys and sells. Some limit sells and buys.

If your portfolio, goes down, you can always just add more money in to the account and then look at the higher AUM. You are a stud. That is called an “inflow” you will tell your grandchildren about this. Hell yeah!

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #2618 on: June 24, 2020, 04:58:37 PM »
One key piece of advice I would offer is you should definitely do something without thinking more than 30 seconds about it then think about nothing else besides whether you did a good or bad thing for the next 72 hours.

I’m not saying you stop doing other things during this time, just that you will be adding and subtracting things on a rolling basis over that 72 hr window.

You don’t have to actually do too much real analysis or research, you mostly just watch CNBC and see what they are saying and scroll your portfolio with your brow furrowed, nodding and shaking your head.

Also, sometimes you will see something on the stocks app on your phone on your “watchlist” or see one of the “leaders & laggards” on the crawl and see a stock ticker you once almost bought or you just sold, or even better “I own that crap!”

This is the life you have chosen for yourself.  The life of a trader—puts, Calls, mostly just market order buys and sells. Some limit sells and buys.

If your portfolio, goes down, you can always just add more money in to the account and then look at the higher AUM. You are a stud. That is called an “inflow” you will tell your grandchildren about this. Hell yeah!

This is all excellent advice, TY.

 :kstategrad:
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Online steve dave

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Re: New To Investing Thread
« Reply #2619 on: June 24, 2020, 05:54:58 PM »
One key piece of advice I would offer is you should definitely do something without thinking more than 30 seconds about it then think about nothing else besides whether you did a good or bad thing for the next 72 hours.

I’m not saying you stop doing other things during this time, just that you will be adding and subtracting things on a rolling basis over that 72 hr window.

You don’t have to actually do too much real analysis or research, you mostly just watch CNBC and see what they are saying and scroll your portfolio with your brow furrowed, nodding and shaking your head.

Also, sometimes you will see something on the stocks app on your phone on your “watchlist” or see one of the “leaders & laggards” on the crawl and see a stock ticker you once almost bought or you just sold, or even better “I own that crap!”

This is the life you have chosen for yourself.  The life of a trader—puts, Calls, mostly just market order buys and sells. Some limit sells and buys.

If your portfolio, goes down, you can always just add more money in to the account and then look at the higher AUM. You are a stud. That is called an “inflow” you will tell your grandchildren about this. Hell yeah!

:thumbs:


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Offline sys

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Re: New To Investing Thread
« Reply #2620 on: June 24, 2020, 06:00:45 PM »
i can't wait until katkid gets rich enought that his ideology conflicts with his portfolio.
"experienced commanders will simply be smeared and will actually go to the meat."

Online michigancat

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Re: New To Investing Thread
« Reply #2621 on: June 24, 2020, 06:03:19 PM »
i can't wait until katkid gets rich enought that his ideology conflicts with his portfolio.

I gotta imagine it already does! I mean as someone who has just about all my retirement savings invested in the S&P500, I definitely have some ideological conflicts with my investments. Hell I have ideological conflicts with my job.

Offline sys

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Re: New To Investing Thread
« Reply #2622 on: June 24, 2020, 06:14:22 PM »
i think katkid's conflicts would be much more amusing.  with no offense intended to either of you.
"experienced commanders will simply be smeared and will actually go to the meat."

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Re: New To Investing Thread
« Reply #2623 on: June 24, 2020, 06:21:38 PM »
i think katkid's conflicts would be much more amusing.  with no offense intended to either of you.
None taken

Offline Kat Kid

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Re: New To Investing Thread
« Reply #2624 on: June 24, 2020, 06:50:14 PM »
i think katkid's conflicts would be much more amusing.  with no offense intended to either of you.

I have diversified my moral portfolio.