Author Topic: New To Investing Thread  (Read 327336 times)

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Offline meow meow

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Re: New To Investing Thread
« Reply #775 on: January 31, 2014, 04:46:16 PM »
Ok I guess I'll shoot to max out my 401k then thanks for your help

Offline sys

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Re: New To Investing Thread
« Reply #776 on: January 31, 2014, 04:51:54 PM »
I don't think I'll ever make enough to max out my 401k and live comfortably. Will I die penniless?

yes, spend less and max out the 401k.
"experienced commanders will simply be smeared and will actually go to the meat."

Offline michigancat

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Re: New To Investing Thread
« Reply #777 on: January 31, 2014, 04:55:06 PM »
I don't think I'll ever make enough to max out my 401k and live comfortably. Will I die penniless?

yes, spend less and max out the 401k.

I'm not sure I could do that.

Offline j rake

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Re: New To Investing Thread
« Reply #778 on: January 31, 2014, 04:58:08 PM »
Let's say you have an extra 25k laying around, and you are new to investing, meaning you basically have no other investments other than what your parents have set up for you; and stupid stocks that you won't ever see; and other useless garbage.

You want to invest the 25k on Monday. How would you choose to invest it?

Offline michigancat

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Re: New To Investing Thread
« Reply #779 on: January 31, 2014, 04:59:03 PM »
your parents set up investments for you? :frown:

In that case, I would probably start a record label.

Offline j rake

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Re: New To Investing Thread
« Reply #780 on: January 31, 2014, 04:59:25 PM »
I'm asking for a friend who is new to investing.  :blank:

Offline Kat Kid

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Re: New To Investing Thread
« Reply #781 on: January 31, 2014, 05:00:57 PM »
I don't think I'll ever make enough to max out my 401k and live comfortably. Will I die penniless?

yes, spend less and max out the 401k.

I'm not sure I could do that.

Don't listen to them.

Offline michigancat

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Re: New To Investing Thread
« Reply #782 on: January 31, 2014, 05:06:07 PM »
I don't think I'll ever make enough to max out my 401k and live comfortably. Will I die penniless?

yes, spend less and max out the 401k.

I'm not sure I could do that.

Don't listen to them.

they all make me feel very poor (money)

Offline sys

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Re: New To Investing Thread
« Reply #783 on: January 31, 2014, 05:24:55 PM »
why can't you max out your 401k?  you're being ridiculous.  you are paid a very nice salary.
"experienced commanders will simply be smeared and will actually go to the meat."

Offline sys

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Re: New To Investing Thread
« Reply #784 on: January 31, 2014, 05:25:41 PM »
I'm asking for a friend who is new to investing.  :blank:

you're a gambler, right?  so you have a pretty decent tolerance for risk?
"experienced commanders will simply be smeared and will actually go to the meat."

Offline michigancat

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Re: New To Investing Thread
« Reply #785 on: January 31, 2014, 05:41:49 PM »
why can't you max out your 401k?  you're being ridiculous.  you are paid a very nice salary.

I think you know why I can't and I'm amazed you haven't brought it up. (Kids is why)

Offline sys

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Re: New To Investing Thread
« Reply #786 on: January 31, 2014, 05:44:24 PM »
you're spoiling them.  cut back and max out the 401k.
"experienced commanders will simply be smeared and will actually go to the meat."

Offline j rake

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Re: New To Investing Thread
« Reply #787 on: January 31, 2014, 06:16:50 PM »
you have a pretty decent tolerance for risk?

calculated ones, sure.

Offline sys

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Re: New To Investing Thread
« Reply #788 on: January 31, 2014, 07:03:02 PM »
you have a pretty decent tolerance for risk?

calculated ones, sure.

investing should come pretty natural then.  it's just like sports betting, but you get the vig instead of the house getting it.
"experienced commanders will simply be smeared and will actually go to the meat."

Offline j rake

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Re: New To Investing Thread
« Reply #789 on: January 31, 2014, 07:15:56 PM »
investing should come pretty natural then.  it's just like sports betting, but you get the vig instead of the house getting it.

so what would you do?

Offline sys

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Re: New To Investing Thread
« Reply #790 on: January 31, 2014, 07:32:43 PM »
investing should come pretty natural then.  it's just like sports betting, but you get the vig instead of the house getting it.

so what would you do?

i'd put my money down.  are you looking for recommendos on specific stocks?  that won't work - you have to do enough of your own research to convince yourself you know what you're doing.
« Last Edit: January 31, 2014, 07:55:41 PM by sys »
"experienced commanders will simply be smeared and will actually go to the meat."

Offline Dugout DickStone

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Re: New To Investing Thread
« Reply #791 on: January 31, 2014, 07:36:14 PM »
Grab Denver with all 25k.

Either that or put money down on a rental in a college town

Offline kim carnes

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Re: New To Investing Thread
« Reply #792 on: January 31, 2014, 07:46:38 PM »
if i were going to invest 25k on monday in an individual stock, i would buy……………………….. DYAX

edit: i'm joking, though it could end up fine

Offline sys

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"experienced commanders will simply be smeared and will actually go to the meat."

Offline sys

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Re: New To Investing Thread
« Reply #794 on: February 01, 2014, 09:22:17 PM »
actually, i take that back.  i was wrong.  don't read that.  btw, i'm really good with money.  you might think about hiring me instead of joe r.  i'll charge you half what he does and guarantee your returns equal or exceed the sp500 (+/- 0.10%).

"experienced commanders will simply be smeared and will actually go to the meat."

Offline j rake

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Re: New To Investing Thread
« Reply #795 on: February 02, 2014, 12:09:40 AM »
i'd put my money down.  are you looking for recommendos on specific stocks?  that won't work - you have to do enough of your own research to convince yourself you know what you're doing.

pick a stock! if it doesn't perform, i'll ask for a refund and try a different one.

Offline sys

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"experienced commanders will simply be smeared and will actually go to the meat."

Offline steve dave

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Re: New To Investing Thread
« Reply #797 on: February 06, 2014, 02:41:05 PM »




Offline Emo EMAW

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Re: New To Investing Thread
« Reply #799 on: February 06, 2014, 03:00:21 PM »
Can we discuss how much Prudential 401k's suck?  The fund options suck big floppy donkey dick.