Author Topic: New To Investing Thread  (Read 327368 times)

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Offline Emo EMAW

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Re: New To Investing Thread
« Reply #250 on: April 17, 2013, 10:51:36 AM »
For the index funders, do you guys sell off on like 180 day crossovers or just ride everything out?

do you watch cramer or some stupid crap?

No idea who cramer is.

Offline EllRobersonisInnocent

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Re: New To Investing Thread
« Reply #251 on: April 17, 2013, 11:01:56 AM »
For the index funders, do you guys sell off on like 180 day crossovers or just ride everything out?

do you watch cramer or some stupid crap?

No idea who cramer is.



Watch TV, Get Rich!

Offline GCJayhawker

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Re: New To Investing Thread
« Reply #252 on: April 17, 2013, 11:02:23 AM »
When looking at index funds what is a good range for the expense ratio?

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #253 on: April 17, 2013, 11:04:09 AM »
Anyway, the let it ride may be the easiest but it's not the best, FWIW.  Even a dolt could get a much better return with a small incremental time increase.

Offline The Whale

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Re: New To Investing Thread
« Reply #254 on: April 17, 2013, 11:05:29 AM »
never buy whole life

If you have a spouse or kids, get a long term life policy while still young and healthy.*


* On The Whale's list of things to do for the year -- I've been going year to year with employer offered policy.  It's eventually going to get expensive  :frown:

Offline michigancat

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Re: New To Investing Thread
« Reply #255 on: April 17, 2013, 11:10:22 AM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Offline steve dave

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Re: New To Investing Thread
« Reply #256 on: April 17, 2013, 11:26:05 AM »
Anyway, the let it ride may be the easiest but it's not the best, FWIW.  Even a dolt could get a much better return with a small incremental time increase.

sounds like you've got it all figured out. probably all your other dumbfuckery in this thread are the outliers.

Offline mocat

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Re: New To Investing Thread
« Reply #257 on: April 17, 2013, 11:36:50 AM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

Offline EMAWmeister

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Re: New To Investing Thread
« Reply #258 on: April 17, 2013, 11:38:20 AM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

Because every man alive tries to be Gordan Gekko when talking about investments.


Offline steve dave

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Re: New To Investing Thread
« Reply #259 on: April 17, 2013, 11:42:23 AM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

I don't want people that are looking for good advice to come here and get shitty advice.

Offline Rams

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Re: New To Investing Thread
« Reply #260 on: April 17, 2013, 11:48:21 AM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

-if you are smarter than everyone... make sure they know it...but make sure they don't know you are making sure they know it.
sd seems really insecure about the first part of that quote, really awesome at the second part, and just really rough ridin' terrible at the third part.  :dunno:
"Son. This is why we are wildcats. Hard work, pride, the heart of this country. And if that's not enough for you, you can just move to California with your punk friends."

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #261 on: April 17, 2013, 12:02:11 PM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

I don't want people that are looking for good advice to come here and get shitty advice.

Congrats on getting hammered in 2008/9 then.   :thumbs:

Offline Rage Against the McKee

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Re: New To Investing Thread
« Reply #262 on: April 17, 2013, 01:03:18 PM »
Let's talk student loans, and not those pud undergrad ones with 1.9% interest.  I am talking grown ass man grad school student loans with the terrible interest rates.  Is there any way to consolidate with a better rate or term?

What rate are you paying? Maybe you could refinance your house and use that money to pay off the student loans. It really kind of depends on your situation.
Planning on moving soon, so that hampers things a bit.  Paying 6.7% on a 10-yr term,  :barf:.

I would still take the time to talk to somebody at your bank. It is very possible that they would allow you to refinance and then just carry your mortgage over to the new property, as long as you buy a home that is worth at least as much as your current dwelling. I can't really give good advice without knowing all the details of your debt, but your bank absolutely can.

Offline Pete

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Re: New To Investing Thread
« Reply #263 on: April 17, 2013, 01:10:39 PM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Totally agree.  Never heard of anyone beating Vanguard.

Offline ben ji

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Re: New To Investing Thread
« Reply #264 on: April 17, 2013, 01:13:09 PM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Totally agree.  Never heard of anyone beating Vanguard.

I just checked fidelity and they have some at .07...Minimum investment of 10k though.

Offline michigancat

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Re: Re: New To Investing Thread
« Reply #265 on: April 17, 2013, 01:13:27 PM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

I don't want people that are looking for good advice to come here and get shitty advice.

Congrats on getting hammered in 2008/9 then.   :thumbs:

do you understand the concept of long term investing? Do you want to?

Offline steve dave

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Re: New To Investing Thread
« Reply #266 on: April 17, 2013, 01:16:25 PM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Totally agree.  Never heard of anyone beating Vanguard.

I just checked fidelity and they have some at .07...Minimum investment of 10k though.

which funds?

Offline Pete

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Re: New To Investing Thread
« Reply #267 on: April 17, 2013, 01:18:29 PM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Totally agree.  Never heard of anyone beating Vanguard.

I just checked fidelity and they have some at .07...Minimum investment of 10k though.

Ya, I think Vangaurd may be a minimum of $2K, don't recall.  Don't sweat it.  Just open an E-Trade account and select an index fund as your investment.  You'll be doing better than the vast majority of investors just by doing that.  You can make it a Roth or a traditional IRA, or whatever you want.

Half the battle is won as soon as you chose an index fund, don't beat yourself up on the difference between the providers.

Offline ben ji

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Re: New To Investing Thread
« Reply #268 on: April 17, 2013, 01:18:46 PM »
When looking at index funds what is a good range for the expense ratio?

Vanguard should be the benchmark. They're at like 0.17%. I don't think anyone beats that and don't know why you would go anywhere else unless you had absolutely no choice.

Totally agree.  Never heard of anyone beating Vanguard.

I just checked fidelity and they have some at .07...Minimum investment of 10k though.

which funds?

Spartan® Extended Market Index Fund - Fidelity Advantage Class


Morningstar Category  Mid-Cap Blend
Fund Inception  11/5/1997
NAV
4/16/2013 $43.94
Exp Ratio (Gross)
5/4/2012 0.07%
($0.70 per $1000)
Exp Ratio (Net)
5/4/2012 0.07%
($0.70 per $1000)
Redemption Fee  0.75%
Redemption Period  90 days
Minimum to Invest  $10,000.00
($10,000.00 for IRA) 
Turnover Rate
8/31/2012 10%
Net Assets ($M)
3/31/2013 $7,721.59 
12 Month Low-High
3/31/2013 $35.74 - $45.15

Chart Fund Price (NAV)

Offline Emo EMAW

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Re: Re: New To Investing Thread
« Reply #269 on: April 17, 2013, 01:19:17 PM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

I don't want people that are looking for good advice to come here and get shitty advice.

Congrats on getting hammered in 2008/9 then.   :thumbs:

do you understand the concept of long term investing? Do you want to?

I'm just saying, index is for sure the lazy way to do it.  It certainly isn't the only way, nor is it the best way.  Someone who bought one share of S&P 500 "index fund" or whatever and held till today would be up 44%.  Follow some very basic rules and with very little effort (4 trades in 9 years) the same person would be up 102%.   It's still long term, it's still lazy, however it's much more effective.

Offline Kat Kid

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Re: New To Investing Thread
« Reply #270 on: April 17, 2013, 01:20:33 PM »
Redemption fee:  .75%   :sdeek:

Offline michigancat

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Re: Re: Re: New To Investing Thread
« Reply #271 on: April 17, 2013, 01:24:09 PM »
Why do you guys keep bringing the fangs out in this thread? Yikes. This is the trust tree you guys. This is a safe place.

I don't want people that are looking for good advice to come here and get shitty advice.

Congrats on getting hammered in 2008/9 then.   :thumbs:

do you understand the concept of long term investing? Do you want to?

I'm just saying, index is for sure the lazy way to do it.  It certainly isn't the only way, nor is it the best way.  Someone who bought one share of S&P 500 "index fund" or whatever and held till today would be up 44%.  Follow some very basic rules and with very little effort (4 trades in 9 years) the same person would be up 102%.   It's still long term, it's still lazy, however it's much more effective.

link?

Offline Kat Kid

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Re: New To Investing Thread
« Reply #272 on: April 17, 2013, 01:26:34 PM »
Also, just looked and the Vanguard 500 Index Admiral Fund ($10,000+) has an expense ratio of .05%.  So in about a year I am going to reallocate and move a chunk over there.  Pretty much the only things they have redemption fees on are their international stuff to discourage trading in and out of them.  Some funds they will lock you out of re-investing for a period of time (through their site, you could always buy/sell at will through a 3rd party but you are defeating most of the point because of transaction fees).

Offline ben ji

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Re: New To Investing Thread
« Reply #273 on: April 17, 2013, 01:27:10 PM »
Redemption fee:  .75%   :sdeek:

Didnt even see that. They do have others that are that low and dont show any redemption fee.

Spartan® 500 Index Fund - Fidelity Advantage Class

Morningstar Category  Large Blend
Fund Inception  2/17/1988
NAV
4/16/2013 $55.80
Exp Ratio (Gross)
1/1/2013 0.07%
($0.70 per $1000)
Exp Ratio (Net)
1/1/2013 0.05%
($0.50 per $1000)
Exp Cap (Dated) 5
1/1/2013 0.05%
($0.50 per $1000)
 
Minimum to Invest  $10,000.00
($10,000.00 for IRA) 
Turnover Rate
8/31/2012 3%
Net Assets ($M)
3/31/2013 $30,330.00 
12 Month Low-High
3/31/2013 $45.46 - $55.84

Chart Fund Price (NAV)

Offline Kat Kid

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Re: Re: Re: New To Investing Thread
« Reply #274 on: April 17, 2013, 01:28:50 PM »
benji-

I just posted for vanguard the same rate.  It has to do with the amount you throw down.

emo-

even if you post a link, it is hindsight.  Timing the market for small time investors is probably not worth it just with fees attached to trades.