|
|
|
|
Welcome to Saab92x.com!
Hi everyone, |
Over the past few weeks some of us have been posting up multiple threads mostly in regards of stocks. I thought we could have one thread where stocks, mutual funds, 401k's IRA's and everything could be discussed. Questions, latest buys, annual rate of return, whatever.
I'll start off. Now that I'm getting married this Sumer, retirement and providing for us since I don't believe SS will be around for us, has been on my mind a lot. Since I sold my house when I moved, I have been dumping a lot into my 401K through work. 20% 
Figure I'll keep up that rate through this year and once we have a chld I'll back it down to 10%, but never less. I'll list my funds some other time, but my rate of return YTD is 7.4%, not bad if I say so myself.
With this in mind I also started buying some stocks through my ING account. I currently invest in 5 stocks, one of which is an automatic investment on a twice a month basis, kind of like a mutual fund. The stock doesn't have to be purchased in whole shares, always the same dollar amount. Anyways. The stocks I own are as follows: ALL, BRK B, C, LVS and PRI. BRK B is the only one that's been down since I've owned it, but a couple of these are for the long haul and that happens to be one of them, or until Warren Buffett dies, then I'm dumping it.
Anyways, who's next?
Offline
Offline
I'm playing an investment game for a class right now. I bought a short position on Toyota. When they were at the bottom.... I'm kinda losing fake money on that one (big time)
Offline
Back in High School in Economics we had to do a stock project and "purchase" some stock to see how it did, why we picked it and what we learned. I picked Qcom and this was during the mid 90's. At that time they were mainly doing gps for truckers and were working on something for the general public. I always checked it after my project. A $30 investment back then would be worth over $1200 now. That stock split so many times I lost count. Oh well, hopefully some of my real purchases will be winners, most are in the short term.
Offline
I got lucky with VTV and bought a good amount of shares on its lowest day in years if not ever. Its something I plan on holding onto until im retired. March 6, 2009 was a good day.
Offline
I am praying the market "correct" itself soon so I can get back into the market. I sold UAUA at $11.50 that I bought at $5 and its now close to $23, sold LVS at $21.50 that I bought at $14.50, sold C at $4.20 that I bought at $3.40. All these stocks continue to climb 
Offline
I think C is still a good one to get into for another 6 months.
Offline
thor wrote:
I think C is still a good one to get into for another 6 months.
I'm starting to agree with this as well, but I think you'll need to get in on the dips. I'm also thinking BAC will bounce back more as well. They swallowed Merrill Lynch, and that was a pretty healthy company, in terms of people, positioning, etc. Banking should do above average this year, sector-wise, and I think some of these beaten-up giants will lead.
Otherwise, I'm wondering if oil will spike this summer again, and considering a move to get a refiner/distributor or two. Any thoughts? No Canadian shale outfits for me, either... More like HES, SUN, VLO...
BTW, I like this TIT... 
Offline
aone, f, bac: my powerplays (bac up over 150%, f has a huge run coming after uaw sale, aone just got an upgrade)
gern: a little stem cell speculation 
Offline
Remember, tomorrow is the last day to contribute to a IRA for 2009. Even if you filed your tax return already, you can always amend for the deduction (traditional), or to report the contribution to the ROTH for basis purposes.
I am thinking of contributing the maximum ($5k) to a ROTH by tomorrow but can't make up my mind. I would likely buy some dividend paying ETFs and leave it there until law school. I'm hesitant though because I keep on telling myself I need liquid cash, though a ROTH IRA might as well be liquid since your basis can be withdrawn any time, penalty and tax free.
Offline
boston_errol wrote:
I'm hesitant though because I keep on telling myself I need liquid cash, though a ROTH IRA might as well be liquid since your basis can be withdrawn any time, penalty and tax free.
yeah.. if you've paid taxes on it already. 
Offline
I'm a young noob. 
I recently opened a Vanguard Roth IRA and an ING Sharebuilder account. I bought some ING stock (what's that about shitting where you eat?) and a few ETFs (VIS, IWD, and SPY), with a few more stocks in my sights. I also bought a couple Phil Town books, but they haven't been delivered yet. Hopefully I won't make any bad mistakes. I must say it's kinda fun. 
Last edited by heathbar (2010-04-14 19:22:10)
Offline
I find myself now wanting to look up more stocks and doing more research. All of which is good for myself as an investor. I cannot buy enough of any stock to make it profitable with a quick sale. I have to hold onto it for a while, but so far it's working pretty good for me. I never looked into ING sock before and that's who I invest through. I've been watching ETFC, maybe I'll add ING to that list.
Offline
Apple, Netflix, Coinstar, JP Morgan have all risen nicely in recent months, seems that most stocks are on a ride up right now climbing out of the recession. Get in now with the DJIA at 11,000+, likely rising to 12,000+ in a year.
Last edited by Iowa92x (2010-04-14 21:14:15)
Offline
So my new rate of return YTD on my 401K is 10.2% 
Considering I put 20% of my pay into my 410K, this should grow nicely.
Offline
That's pretty good! Mine's 6.7%, which is not worth discussing. Wait, you have a 410k? That must be why I can't keep up... 
Offline
Yeah, that's really good. I'm only at like 6%. 
Offline
I'm a little late to the LVS party, but I just bought a little bit of that. Also, UNH is near a 3 month low so I just got some of that too...
Offline
OSG is making my day.
Offline
Why do you think OSG is a good investment?
Offline
I have no clue how to start investing... I'm looking for long term stability. and to maybe invest about 2-5k for a 2-3 years (savings for a down payment on a house) and another 2-5k to be invested indefinatly. should I just go with a mutual fund or what?
Offline
Pyromancy5 wrote:
I have no clue how to start investing... I'm looking for long term stability. and to maybe invest about 2-5k for a 2-3 years (savings for a down payment on a house) and another 2-5k to be invested indefinatly. should I just go with a mutual fund or what?
whats your level of risk?
Offline
Pyromancy5 wrote:
I have no clue how to start investing... I'm looking for long term stability. and to maybe invest about 2-5k for a 2-3 years (savings for a down payment on a house) and another 2-5k to be invested indefinatly. should I just go with a mutual fund or what?
I just started reading Rule #1 by Phil Town, and FWIW he says mutual funds are crap. lol
Offline
OSG price currently far below historical high, but climbing. Oil needs increasing, has to be transported. Bless those Hummer owners!
Offline
Pyromancy5 wrote:
I have no clue how to start investing... I'm looking for long term stability. and to maybe invest about 2-5k for a 2-3 years (savings for a down payment on a house) and another 2-5k to be invested indefinatly. should I just go with a mutual fund or what?
For the money you are looking to invest indefinitely, I'd recommend a Roth IRA if you don't have one yet. I've got a target retirement fund at Vanguard, and it automatically adjusts my risk/return based on how close I get to my target retirement date. If you want something low maintenance, seems like the way to go.
For the short term, I'd go with an I Bond or a CD.
Offline
|
|
|
|
Site problems, bugs, or questions? Contact Administrator
All content copyright Saab92x.com 2005-2010
SAAB and the SAAB logos are trademarks of Saab Cars USA, Inc.
