Any do Investing?
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nikfleisch
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I invest in silver. It's only going up.......
Only my 401k and I have complete control over that. I don't mess around with it to much. I keep 25 percent in silver and 25 percent in gold. The rest I switch between high risk and medium risk. So far it's working out. The one thing I have heard is if you are just starting buy some gold or silver then save some more then start investing in different companies. Etrade is one of the easier ones that I've seen for self investing. You could also go to somewhere like Edward Jones and invest in a mutual fund. But if you do that sit down with the manager and find out if he's a greedy SOB. If he his then he's the right guy for the job. They make a percent of the mutual funds profit so the greedier the better chances you'll have of making money in stokes.
Edit: dont buy treasury bonds they aren't backed by anything.
Edit: dont buy treasury bonds they aren't backed by anything.
Right on man good luck I'm waiting a little bit longer before I start investing cause everything is still artificially inflated from govmnt bailouts and all the quantitative easing bs. And Greece fall out will drop thing down too. Maybe once the euro zone starts to show some positive sign I'll get in to it heavier then just my 401k
Yeah i am with you there. I am still getting stuff processed now. Hoping things will calm down a bit before I get into it. Along with that, I am not doing much money...this is more of a learning experience with the little money I am putting in, before I get serious.
nikfleisch
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That's why I'm in silver. Haha it just keeps going up.
not for the long haul i buy and sale daily.i like ge its the only one i keep and buy more of when it drops.im an auto tech and got into the market in oct of 08 buying and selling gm,ford,sirius some solar.sirius was my lotto stock bought it at just under 2 cents sold it at 1.45.read some books so you can get a general knowledge.start an account with an online company.i use optionsxpress the format is easy you dont need any money to open an account and they have a virtual trade where you can make trades and get used to it without using any real money.research every trade you make.
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I don't invest but my grandmother gave me a savings bond
when I was a kid. I get, uh, twenty-five dollars in
two thousand thirteen, so that'll be good.
when I was a kid. I get, uh, twenty-five dollars in
two thousand thirteen, so that'll be good.
theoctopus
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I have a fairly extensive investment portfolio. I primarily follow the long term growth strategy, as it's not money that I need immediately. Instead, I'm using it to build future security, retirement income, and money for my eventual kids. With that said, in the last 6 months or so, with the looming European Union financial crisis, I tapered back significantly on my volatile investments.
Before the '08 crash, I had the standard 60/40 split, with a good chunk tied up in real estate. When I saw indicators of the market turning sour, I liquidated the real estate (boy am I glad I did that), and switched to a 40/60 split. Now I'm more like 20/80, with the majority invested in tax-free munis (since tax-free are now getting rates comparable to taxable munis). In addition, the 20% tied up in volatile equities are mostly in large cap stocks meant to be held for the long term. There is a little put into foreign markets and domestic small cap, but this economic climate does not bode well for quick turnaround on investments.
All of my money is managed by Wells Fargo. I get a private banker contact who takes care of all of my requests and provides advice for a 1% fee on all money invested in volatile equities.
That's just my 2 cents, of course.
Before the '08 crash, I had the standard 60/40 split, with a good chunk tied up in real estate. When I saw indicators of the market turning sour, I liquidated the real estate (boy am I glad I did that), and switched to a 40/60 split. Now I'm more like 20/80, with the majority invested in tax-free munis (since tax-free are now getting rates comparable to taxable munis). In addition, the 20% tied up in volatile equities are mostly in large cap stocks meant to be held for the long term. There is a little put into foreign markets and domestic small cap, but this economic climate does not bode well for quick turnaround on investments.
All of my money is managed by Wells Fargo. I get a private banker contact who takes care of all of my requests and provides advice for a 1% fee on all money invested in volatile equities.
That's just my 2 cents, of course.
[up]Stevenc150
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If you're in it for the long-term, you'll want a well-balanced portfolio. I've averaged a decent 14% over the last 5 yrs with recent recessions and all. Only look at mutual funds with a 10yr. return of 8-10% or better. Considering the past 10 years and all that happened including 9-11, a Great fund will be in the above range. Below is considered a truly balanced portfolio (Not too Risky, Not Pitifully Safe - but enough of both to be Balanced)
-- Investment Portfolio --
25% - Small Cap. Growth
25% - Mid Cap. Growth
25% - Large Cap. Growth
25% - International (US & Foreign)
One single Mutual Fund I've especially liked is the Yachtman Fund. Check it out & sign up for free on Morningstar.com. An awesome site that lets you set up & track your portfolio for absolutely nothing and doesn't require any personal information. U.S. News & World Report has some great research info as well. Good Luck.
-- Investment Portfolio --
25% - Small Cap. Growth
25% - Mid Cap. Growth
25% - Large Cap. Growth
25% - International (US & Foreign)
One single Mutual Fund I've especially liked is the Yachtman Fund. Check it out & sign up for free on Morningstar.com. An awesome site that lets you set up & track your portfolio for absolutely nothing and doesn't require any personal information. U.S. News & World Report has some great research info as well. Good Luck.
theoctopus
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14% is a very nice return Steven! I think most long-term growth strategies usually target something around 10-12% over the life of a portfolio, so you've managed a very nice number in a poor economic climate.
I'm really a big fan of the tax-free munis. Slow, steady growth. Very reliable (so long as they're high quality).
I'm really a big fan of the tax-free munis. Slow, steady growth. Very reliable (so long as they're high quality).
Stevenc150
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Yeah, I've been pleased with it so far. I did cheat with the aforementioned percentages and went with a little higher risk since I'm mid-30's (see below). But if someone asks, I consider the 25% per numbers to be representative of a "balanced" portfolio.
20% - Small Cap.
45% - Mid Cap.
20% - Large Cap.
15% - International
Biggest thing I've learned is not to go crazy. I was like a horse at a start-gate for the first year. It's hard not to start swapping when the news is calling for the end of the world but you have to trust your initial selections if you put in the time when you chose.
20% - Small Cap.
45% - Mid Cap.
20% - Large Cap.
15% - International
Biggest thing I've learned is not to go crazy. I was like a horse at a start-gate for the first year. It's hard not to start swapping when the news is calling for the end of the world but you have to trust your initial selections if you put in the time when you chose.
