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+--- Thread: Stock Market Thread (/showthread.php?tid=7719)
Re: Stock Market Thread - BLINGMW - 06-20-2013
don't know... what... to do.... :oops: :|
Re: Stock Market Thread - Evan - 06-20-2013
who would have thought that printing b(tr?)illions of dollars and pumping directly it into the market was just artificially propping it up and it would all come crashing down to reality?
Re: Stock Market Thread - BLINGMW - 06-20-2013
well, ok, when you put it THAT way...
All I'm wishing is that Bernanke had called me yesterday with this news. I'm 100% sure he called his buddies. I thought we were tight. :dunno:
Re: Stock Market Thread - Apoc - 08-01-2013
<!-- m --><a class="postlink" href="http://allthingsd.com/20130801/wall-street-gives-yelp-five-star-review-as-stock-soars-23-percent/">http://allthingsd.com/20130801/wall-str ... 3-percent/</a><!-- m -->
I bought it at $22 18 month ago for a long term play. I'm half tempted to realize some gains as I'm up 50% in the last year due to it and V. I think V has a lot of upside, but I'm not sure YELP has a ton of room left. What's everyone in these days?
Re: Stock Market Thread - BLINGMW - 08-02-2013
AAPL
AMZN
DIS
F
PHG
SCTY
TGLDX
TSLA
VZ
All for what I would say is medium term. I certianly feel like we're in bubble mode here, ready to pull out later this year for a little while if need be.
Yeah V looks pretty safe, I agree. Kind of tempting to get some after the last little drop.
YELP, don't know what to say. I haven't done enough research on internet-service-ad-based-profit-model-only companies. Seems like they come and go pretty quickly. :dunno:
Re: Stock Market Thread - Maengelito - 08-02-2013
Just curious about how much you all are playing with total? And what ratio are you guys saving cash vs investing?
Re: Stock Market Thread - BLINGMW - 08-02-2013
Maengelito Wrote:Just curious about how much you all are playing with total? And what ratio are you guys saving cash vs investing?I only use cash short term, currently a $5k cushion in the checking account.
I don't have long term savings cash, that's either in Jess' 401k (which is in longer term funds) or my IRA (which I gamble with directly). Sadly neither are near where they should be for a couple in their 30's, because we only contribute approx 5%. :dunno:
Re: Stock Market Thread - HAULN-SS - 08-02-2013
are you saying 5k in addition to a 6 month emergency fund?
Re: Stock Market Thread - BLINGMW - 08-02-2013
HAULN-SS Wrote:are you saying 5k in addition to a 6 month emergency fund?heh, no, those are the same thing
Re: Stock Market Thread - HAULN-SS - 08-02-2013
Dayum. Am I carrying too much cash or are you risky?
Re: Stock Market Thread - Maengelito - 08-02-2013
HAULN-SS Wrote:Dayum. Am I carrying too much cash or are you risky?
I was thinking the exact same thing.
Re: Stock Market Thread - BLINGMW - 08-02-2013
From what I can gather, you guys make a *little bit* more money than me, so I don't really know. All I can say is that with two approx even income earners, I feel like it's super unlikely that we'd both lose our jobs or become sick at the same time. And we can feed ourselves and pay the mortgage for a long while on one salary since that and a student loan is all the debt we have. I'd have to cut back the alcohol budget.
So $5k to me seems sufficient. Now if I get horribly disfigured tomorrow in a car accident and Jess loses her job, one of our kids falls off the porch, and our parents all find out they have cancer, yeah, we won't last long. In that scenario, I'd be cashing out the retirement funds. Fortunately in a couple more years, my IRA allows for that without penalties, so that seems like a reasonable disaster suplement.
I hope. :dunno: Talk me out of it.
Re: Stock Market Thread - HAULN-SS - 08-02-2013
I dunno. Where I'm at right now has a shit 401k so I only put in 6% just to get all the free money match. Ive been trying to usually carry 13-15k, but it fluctuates like if I just lose control and buy an RC plane or something. I dont have an IRA, but the thought has crossed my mind. Taxes arent likely to be less whenever Im eligible to withdraw. Is yours Roth or traditional? Unemployment in WV maxes at 424/wk so that would basically cover the house payment and nothing else.
I havent been actively saving for a while other than my normal contributions but my next 5k or so might go into gamble-market account on the etrade or something. To be honest I haven't had too much interest since my investment performance across all my 401ks has averaged like 12% the last 2-3 years. The bad part is this shit plan i'm in now, all the funds have expensive as shit admin fees - like 1.3-1.5%. Are you guys beating that with your own picks..and I mean overall, not per stock?
Re: Stock Market Thread - Mike - 08-02-2013
i'm currently 25% cash, which is about to mostly go away with a house purchase in the nearish future. 10 of those percent used to be what i played with, but i don't trust the market right now.
i think i've been throwing 20% into my 401k since graduation so that's ridiculously healthy if i ever have an emergency. that's my 75% in the market. not getting any matching, but the tax savings + market growth makes it the best bet for my money. and no, i do not beat the market so it's probably best i stop playing... twice i've sold legitimate (not penny) stocks that would have me LOADED today only weeks before they exploded.
Re: Stock Market Thread - BLINGMW - 08-02-2013
HAULN-SS Wrote:Ive been trying to usually carry 13-15k,We're not that dissimilar then on the cash then, typically I might have twice that, but $5k is kind of our current floor. We have some expenses coming up this year that will have me back on the floor (kindergarten, weddings) by the end of the year. Oh well.
If I sold everything today I'd be up 35% this year in my IRA (excluding contributions). Your 12% yearly return on the 401k, with you having to do nothing is not terrible, but the whole market went up about that much in 2012, and it's more than that this year already. So heck, you could do that.
My current and previous employer match nothing. So that's why I moved it out and put it in a roth early this year (which means I owe taxes on it). It makes more sense than a traditional for younger folks and you can actually draw $ out tax free after 5 years, so that's a big bonus.
And yes, avoiding the 1+% fees with 401k funds like Fidelity (who I was with) is nice. That being said, you have to have enough in your trading account (I'd say $10k) to make it worthwhile or you could easily eat up a couple % in trading costs. Or you're in short term, gamble mode because you cannot afford to maintain any sort of balanced portfolio. Put it all on black! (ie, TSLA)
Mike Wrote:i think i've been throwing 20% into my 401k since graduation so that's ridiculously healthy if i ever have an emergency. that's my 75% in the market. not getting any matching, but the tax savings + market growth makes it the best bet for my money. and no, i do not beat the market so it's probably best i stop playing...Sounds like you're doing it right then. :thumbup: You probably have 10x what I have in my IRA, good work.
Re: Stock Market Thread - Apoc - 08-02-2013
This is number in months of after-tax salary.
Cash: 4
Stock (short-mid term): 1.5
Mutual Fund (long term): 15
401k: 20
I'm probably at two years pre-tax salary and we are debt free.
Re: Stock Market Thread - JohnC - 08-06-2013
Financial gurus of MM - assuming no debt, a healthy emergency fund, and maxed out 401k/IRA contributions - where would you be investing your extra cash outside of individual stocks?
Re: Stock Market Thread - .RJ - 08-06-2013
Have you considered the banana market?
Re: Stock Market Thread - WRXtranceformed - 08-06-2013
JohnC Wrote:Financial gurus of MM - assuming no debt, a healthy emergency fund, and maxed out 401k/IRA contributions - where would you be investing your extra cash outside of individual stocks?I wouldn't consider myself a guru but I have a healthy portfolio put together through my brother (was ING, now Merrill FA) outside of the matching Roth 401k through work. One strong investment to consider if you have a good chunk of disposable income to play with is a ULP investment grade insurance policy. These generally get flak from some of the investment "gurus" out there because like any investment plan component they are not for everyone. They are expensive and the initial fees to the broker are significant.
That being said, the huge benefit to the plan (I have through ING) is that it is a tax haven. It is tied to three major international indexes (S&P, Nippon and one other) and it reevaluates the policy every 5 years by looking at which index performed the strongest. It takes the premium you have put in during that timeframe and dumps the equivalent growth income you would have earned investing in that index into your cash value. Depending on how much you invest, by the time you hit age 50 you can start borrowing from the cash value of your policy tax free each year for the rest of your life...that amount ranges from like $79,000 to $150,000. The longer you wait to start borrowing, the more you can take out without tax penalty. If you die, your beneficiary receives the face value of the policy plus any cash value that has accrued. For me that is important because as of right now my future wife will be a dependant.
As far as returns, the long term average has been ridiculous, like over 21%. Like anything else it is an important part of a balanced policy and is not for everyone. The fact that it provides guaranteed tax free income when you retire is the real benefit, the face value of the policy is just a bonus. The goal was to set up most of my retirement income to be tax free (Uncle Sam loves me right now) to help combat inflation. The Roth 401k and this plan should help, although I have some money in mutual funds as well.
As far as cash on hand, we keep enough to keep me us out of an emergency but I don't like to have a lot of cash sitting around earning 1%.
Re: Stock Market Thread - JohnC - 08-06-2013
WRXtranceformed Wrote:One strong investment to consider if you have a good chunk of disposable income to play with is a ULP investment grade insurance policy.
Lee - thanks - that's an interesting idea I'd never even heard of. That said, I'm trying to stay a little more liquid with this extra cash. It sounds like that scheme locks the money up for another ~20 years.