Author Topic: New To Investing Thread  (Read 327229 times)

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Offline Emo EMAW

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Re: New To Investing Thread
« Reply #400 on: April 22, 2013, 10:11:09 AM »
Sit down sd because I'm about to blow your mind:

Roth IRA:  funded by after-tax contributions; no income tax on disbursements
Trading account:  funded by after-tax contributions; no income tax on disbursements


Offline steve dave

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Re: New To Investing Thread
« Reply #401 on: April 22, 2013, 10:12:42 AM »
Sit down sd because I'm about to blow your mind:

Roth IRA:  funded by after-tax contributions; no income tax on disbursements
Trading account:  funded by after-tax contributions; no income tax on disbursements

yeah, you may want to use that internet thingy to research the tax advantages of a roth

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #402 on: April 22, 2013, 10:14:16 AM »
Sit down sd because I'm about to blow your mind:

Roth IRA:  funded by after-tax contributions; no income tax on disbursements
Trading account:  funded by after-tax contributions; no income tax on disbursements

yeah, you may want to use that internet thingy to research the tax advantages of a roth

Only a dumbass would complain about paying capital gains.  Like that's the whole point of investing.  Seems like you'd be super interested to write off the losses, too.   :lol:

Offline steve dave

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Re: New To Investing Thread
« Reply #403 on: April 22, 2013, 10:15:42 AM »
Sit down sd because I'm about to blow your mind:

Roth IRA:  funded by after-tax contributions; no income tax on disbursements
Trading account:  funded by after-tax contributions; no income tax on disbursements

yeah, you may want to use that internet thingy to research the tax advantages of a roth

Only a dumbass would complain about paying capital gains.  Like that's the whole point of investing.  Seems like you'd be super interested to write off the losses, too.   :lol:

congrats on finally using that internet thingy to find out what a Roth is

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #404 on: April 22, 2013, 10:18:02 AM »
Sit down sd because I'm about to blow your mind:

Roth IRA:  funded by after-tax contributions; no income tax on disbursements
Trading account:  funded by after-tax contributions; no income tax on disbursements

yeah, you may want to use that internet thingy to research the tax advantages of a roth

Only a dumbass would complain about paying capital gains.  Like that's the whole point of investing.  Seems like you'd be super interested to write off the losses, too.   :lol:

congrats on finally using that internet thingy to find out what a Roth is

Have known that all along.  Here's a tip sd:  just keep everything in that index fund and you won't have to worry about paying much capital gains.  :lol:

Offline The Tonya Harding of Twitter Users Creep

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Re: New To Investing Thread
« Reply #405 on: April 22, 2013, 10:26:39 AM »
sounds like Emo could use ben ji's expertise
I think what my friend Mitch is trying to say is that true love is blind.

Offline sys

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Re: New To Investing Thread
« Reply #406 on: April 22, 2013, 12:53:45 PM »
enough with the market timing fight.  anyone invest in individual stocks?  to me, that's the fun part.
"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 #407 on: April 22, 2013, 01:05:15 PM »
anyone invest in individual stocks?  to me, that's the fun part.

I used to but not anymore.

Offline GCJayhawker

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Re: New To Investing Thread
« Reply #408 on: April 22, 2013, 01:07:50 PM »
enough with the market timing fight.  anyone invest in individual stocks?  to me, that's the fun part.

I have a few. Mostly just for my own enjoyment, not really a way to strike it rich or anything unless I get lucky.

Offline Stevesie60

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Re: New To Investing Thread
« Reply #409 on: April 22, 2013, 01:09:55 PM »
I'm not going to go through this thread, but someone should have mentioned by now to invest heavily in solar power systems by now. Just wanted to confirm that.

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #410 on: April 22, 2013, 01:41:24 PM »
enough with the market timing fight.  anyone invest in individual stocks?  to me, that's the fun part.

Of course.  I think TA mostly applies to individual stocks and that's most of my experience, however did use the principles to convert 401k funds to GI fund and back in 08/09.

I don't like the stuff that gets lots of news coverage (like AAPL or FB).  I like a certain market cap and up and also like some amount of active trading because I like sell orders processed quickly.  Other than that I'm open to just about anything.  Almost everything I do is a stop/limit kind of order.  Everything I hold has a corresponding conditional sell order.

Offline ben ji

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Re: New To Investing Thread
« Reply #411 on: April 22, 2013, 01:58:28 PM »
enough with the market timing fight.  anyone invest in individual stocks?  to me, that's the fun part.

I have a few. Mostly just for my own enjoyment, not really a way to strike it rich or anything unless I get lucky.

This.

Currently own some YRC stock, Bought in over the summer for around $6.45 per share and it is currently at 6.75. Was up over 8.00 a share a couple weeks ago but has had some crazy fluctuations both good and bad.

Back in 2010 I read an atricle about Macau overtaking Vegas and the worldwide gambling capital. Looked up the companies that had casino's based in Macaua and its basically just Wynn and Las Vegas Sands. Was going to buy some LVS stock for $28 but I was a new grad and didnt have any money. LVS us currently over $50.  :(

Offline sys

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Re: New To Investing Thread
« Reply #412 on: April 22, 2013, 02:04:23 PM »
I used to but not anymore.

why did you get out?
"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 #413 on: April 22, 2013, 02:05:55 PM »
Almost everything I do is a stop/limit kind of order.

me too, but i think it's just sort of an emotional crutch, prolly makes no real difference.

"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 #414 on: April 22, 2013, 02:11:58 PM »
I used to but not anymore.

why did you get out?

wasn't worth my time spent speculating

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #415 on: April 22, 2013, 02:15:25 PM »
Almost everything I do is a stop/limit kind of order.

me too, but i think it's just sort of an emotional crutch, prolly makes no real difference.

I don't think so.  I had some uranium miners when the tsunami hit Japan and those things tanked.  Saved my ass big time.  Only has to work once for you to use it every time.

Coincidentally I used to be into buying/shorting YRCW and EK back in the day.  They were such volatile movers it was fun.  Got really OCD on it for a while. 

Offline sys

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Re: New To Investing Thread
« Reply #416 on: April 22, 2013, 04:55:42 PM »
wasn't worth my time spent speculating

if you're buying and holding, i don't see how the difference in time is terribly significant.  maybe you're super thorough with your research, but still.
"experienced commanders will simply be smeared and will actually go to the meat."

Offline steve dave

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New To Investing Thread
« Reply #417 on: April 22, 2013, 05:04:29 PM »
Do you buy and hold individual stocks sys? What's the average time you hold one?

Offline sys

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Re: New To Investing Thread
« Reply #418 on: April 22, 2013, 05:09:07 PM »
Do you buy and hold individual stocks sys? What's the average time you hold one?

usually until the reason i bought changes or my premise appears to have been falsified.  i have no idea what the mean time has been.  i've also sold a few things because i needed money or to reallocate.

i'd probably do better if i got out of stocks in times of market duress, but i've never done that.  maybe at some point in the future i'll try to incorporate some market timing.

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

Offline steve dave

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New To Investing Thread
« Reply #419 on: April 22, 2013, 05:21:42 PM »
Well, you wouldn't be the first person to try. Not really investing though. Godspeed.
« Last Edit: April 22, 2013, 05:24:50 PM by steve dave »

Offline sys

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Re: New To Investing Thread
« Reply #420 on: April 22, 2013, 05:26:40 PM »
"experienced commanders will simply be smeared and will actually go to the meat."

Offline steve dave

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New To Investing Thread
« Reply #421 on: April 22, 2013, 05:39:38 PM »

Offline sys

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

Offline Emo EMAW

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Re: New To Investing Thread
« Reply #423 on: April 22, 2013, 11:20:28 PM »
Trading is certainly different than investing.  Mechanics of them are pretty similar though, IMO. 

Offline Kat Kid

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Re: New To Investing Thread
« Reply #424 on: April 22, 2013, 11:29:32 PM »