Rambler Posted November 26, 2013 Share Posted November 26, 2013 I have always been a conservative investor, never sticking my neck out too far, and spreading things out over many areas. That said, it`s hard to ignore some of the huge gains that have been made in the stock market in recent months. I got tired of hearing one of my co-workers brag about how he had 100% of his money in Large Cap funds and has made a 40% return on his money in just the last year. I looked it up and it was true. I had to take a couple of weeks off of work to convalesce and spent more time looking at my investments than I ever had and realized I have been a big dummy, so now I`m taking a more active role in keeping tabs on things. I am sure there are investment gurus on these boards and I am curious as to what are your investment strategies short short and long term. Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 I stay away from mutual funds for the most part. Secure the services of an investment counselor and invest in individual stocks. A good bit of my investments are tied up in the equivalent of 401k`s, TSP`s and Annuities from my old Union. As you probably know, you are not allowed to invest in individual stocks. Of course I can do that on my own, I`m just not very savvy in that area. I still appreciate the feedback. Quote Link to comment Share on other sites More sharing options...
Leon Troutsky Posted November 26, 2013 Share Posted November 26, 2013 Have you thought about investing in gold? Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 Have you thought about investing in gold?I have some, but I`m more of a Silver guy. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 Year to date 34.2% using these weak mutual funds.... Currently invested in a growth fund and an extended market fund...Oh so weak mutual funds... Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 That's why you use an investment counselor. You can start with as little as three or four thousand dollars and build as you go. I'd get what you could out of those annuities and take what ever cash you can drum up and go see an investment counselor.The 1 annuity I have is not the kind of annuity you are thinking of. It came from my union benefits and I am not allowed to take it until I retire (as jacked up as that is). I`m mainly curious as to what others are doing in similar situations.Year to date 34.2% using these weak mutual funds.... Currently invested in a growth fund and an extended market fund...Oh so weak mutual funds...Are you heavily invested in those? Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 The 1 annuity I have is not the kind of annuity you are thinking of. It came from my union benefits and I am not allowed to take it until I retire (as jacked up as that is). I`m mainly curious as to what others are doing in similar situations.Are you heavily invested in those?50% in each. Both are 100% stock funds. I was invested in a Target Retirement Fund but its returns sucked compared to the 2 funds I mentioned. Quote Link to comment Share on other sites More sharing options...
kicker Posted November 26, 2013 Share Posted November 26, 2013 Rambler, I couldn't even begin to give you financial advice without knowing your risk tolerance, age, earning power, plan for the future in terms of retirement, understanding of financial products, etc. Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 Can anyone suggest a good desktop icon that can show what the market is doing? Quote Link to comment Share on other sites More sharing options...
Dirtybirdn@tion Posted November 26, 2013 Share Posted November 26, 2013 I have some, but I`m more of a Silver guy. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 Rambler, I couldn't even begin to give you financial advice without knowing your risk tolerance, age, earning power, plan for the future in terms of retirement, understanding of financial products, etc.I agree kicker... I am risk tolerant due to me being 30... rambler could be less (I think hes in his 40s)...regardless, stay the course. Dont try the beat the market... you will fail more than likely Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 Rambler, I couldn't even begin to give you financial advice without knowing your risk tolerance, age, earning power, plan for the future in terms of retirement, understanding of financial products, etc.I have 10 years until I plan to retire, usually hit close to 100,000 a year (with overtime), and my risk tolerance is moderate, I can play a little . I will have a retirement income at 62 and until then will probably go with a payroll investment of 10%, with 5% match. Quote Link to comment Share on other sites More sharing options...
kicker Posted November 26, 2013 Share Posted November 26, 2013 I agree kicker... I am risk tolerant due to me being 30... rambler could be less (I think hes in his 40s)...regardless, stay the course. Dont try the beat the market... you will fail more than likelyI know a lot of people that can't tolerate seeing a 25%+ drop in their investment. Regardless of what people think you should do with your money, you have to be able to sleep at night. Quote Link to comment Share on other sites More sharing options...
Rambler Posted November 26, 2013 Author Share Posted November 26, 2013 That`s phucking hilarious. All kidding aside, it`s nuts to have silver in that big a bar. One ounce silver eagles is about all I do. Quote Link to comment Share on other sites More sharing options...
kicker Posted November 26, 2013 Share Posted November 26, 2013 I have 10 years until I plan to retire, usually hit close to 100,000 a year (with overtime), and my risk tolerance is moderate, I can play a little . I will have a retirement income at 62 and until then will probably go with a payroll investment of 10%, with 5% match.You should still go see an investment advisor. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 I know a lot of people that can't tolerate seeing a 25%+ drop in their investment. Regardless of what people think you should do with your money, you have to be able to sleep at night.I can agree with that. Quote Link to comment Share on other sites More sharing options...
Atlsport Posted November 26, 2013 Share Posted November 26, 2013 I have always been a conservative investor, never sticking my neck out too far, and spreading things out over many areas. That said, it`s hard to ignore some of the huge gains that have been made in the stock market in recent months. I got tired of hearing one of my co-workers brag about how he had 100% of his money in Large Cap funds and has made a 40% return on his money in just the last year. I looked it up and it was true. I had to take a couple of weeks off of work to convalesce and spent more time looking at my investments than I ever had and realized I have been a big dummy, so now I`m taking a more active role in keeping tabs on things. I am sure there are investment gurus on these boards and I am curious as to what are your investment strategies short short and long term.If you have spread things out over many areas, then you should have some exposures to large caps and the like. I avoid that mutual fund ****. Warning: Equities are extremely overbought and haven't had even a 'normal' type of correction of any substance in over a year, thanks to QE. I would absolutely not move money around to add more exposure now. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 If you have spread things out over many areas, then you should have some exposures to large caps and the like. I avoid that mutual fund ****. Warning: Equities are extremely overbought and haven't had even a 'normal' type of correction of any substance in over a year, thanks to QE. I would absolutely not move money around to add more exposure now.I would like to know why mutual funds are sh*t? Quote Link to comment Share on other sites More sharing options...
kicker Posted November 26, 2013 Share Posted November 26, 2013 Warning: Equities are extremely overbought and haven't had even a 'normal' type of correction of any substance in over a year, thanks to QE. I would absolutely not move money around to add more exposure now.Trying to time the market is a foolish and ultimately unsuccessful strategy that has failed millions of people. Quote Link to comment Share on other sites More sharing options...
kicker Posted November 26, 2013 Share Posted November 26, 2013 I would like to know why mutual funds are sh*t?They aren't. Some are, but there are many, many good funds. And they allow people to get diversity and exposure to certain areas of the market that most of the public would never have the opportunity to own. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 They aren't. Some are, but there are many, many good funds. And they allow people to get diversity and exposure to certain areas of the market that most of the public would never have the opportunity to own.I work for Vanguard so I have an affinity toward mutual funds Quote Link to comment Share on other sites More sharing options...
Atlsport Posted November 26, 2013 Share Posted November 26, 2013 I would like to know why mutual funds are sh*t?They are burdened with exorbitant 'management' fees. Even with management, many don't provide a greater return than others instruments. The fees erode their effective ROR, There are some tax disadvantages as well as numerous other issues I don't like. Those and a few others are a search away. e.g. Don't take my word for it. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 They are burdened with exorbitant 'management' fees. Even with management, many don't provide a greater return than others instruments. The fees erode their effective ROR, There are some tax disadvantages as well as numerous other issues I don't like. Those and a few others are a search away.Fees... Vanguard charges almost nothing for most of its funds. Quote Link to comment Share on other sites More sharing options...
lostone Posted November 26, 2013 Share Posted November 26, 2013 https://m.personal.vanguard.com/us/retail/PubMobiController?FW_EVENT=MFProfile&FundId=0040.17% Quote Link to comment Share on other sites More sharing options...
Atlsport Posted November 26, 2013 Share Posted November 26, 2013 Fees... Vanguard charges almost nothing for most of its funds.Vanguard has some very nice non MF offerings as well. Quote Link to comment Share on other sites More sharing options...
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