04-04-2012, 11:49 AM
My advice is to get a professional financial advisor, unless you do a ton of research and like to gamble (which is essentially what flipping stocks is).
The mutual fund + investment portfolio my brother set up for me is up 10.5% since I liquidated all of my blue chips stocks and dumped the funds into it. It has already paid back the cap gains in the 5-6 months since I made the change. He also took a look at my company Roth 401k funds and made recommendations on the %'s I should invest in each fund...that is also now up 10+%
The mutual fund + investment portfolio my brother set up for me is up 10.5% since I liquidated all of my blue chips stocks and dumped the funds into it. It has already paid back the cap gains in the 5-6 months since I made the change. He also took a look at my company Roth 401k funds and made recommendations on the %'s I should invest in each fund...that is also now up 10+%
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks