Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Discuss Thrower]

Originally Posted by eDave

I just moved my 401K distributions over to a couple of funds (Fidelity) that are gaining ~15% all year. Maxed my contributions as well. A bit of a money grab. I'll let it ride till EOY.

http://www.blooom.com/

[wutamess]

Originally Posted by Discuss Thrower

Do you believe that Apple can sustain modest growth in the long term?

I have no idea. Don't know how to read charts and such so use Analyst price targets as well as personal observations and articles. At the time. APPL was riding high and targets were talking $140-$170 range. Seems like soon as I bought it went down. It is rebounding due to Buffett. Hopefully it'll keep going with the release of Iphone 7 coming soon.

[Discuss Thrower]

Is your goal to maximize the reward for what you've risked or to get a sustainable return on investment?

[petegz28]

Originally Posted by lewdog

Can you guys tell me who you use for online brokerage accounts? I can't remember if we've discussed that.

If you're looking into doing some serious, chart based trading, I would look at Tradestation or Interactive Brokers.

If you are wanting to be less active but still "play the market" I would go with Fidelity though I dislike their charting software.

I use Fidelity as I have manage my IRA there and I have pretty much resorted to trading mutual funds on a long term basis for various reasons which I would be more than happy to discuss in detail.

[petegz28]

Originally Posted by wutamess

I have no idea. Don't know how to read charts and such so use Analyst price targets as well as personal observations and articles. At the time. APPL was riding high and targets were talking $140-$170 range. Seems like soon as I bought it went down. It is rebounding due to Buffett. Hopefully it'll keep going with the release of Iphone 7 coming soon.

Why don't you take some time and learn to read charts? It's not difficult and there are a ton of books out there that will explain how to do it.

[petegz28]

Originally Posted by wutamess

Fidelity for me. 7.95/transaction. Bought in at APPL @ $128. Hopefully I can get my $ back. It went as low as $90 in the last 4 months. When do you guys pullout?

AAPL is looking fairly bullish on a long term basis. Just like any other stock, as long as the market doesn't tank, you should get a run back to $130. I see a lot of bullish divergences on that chart.

Note the higher low on the MACD vs. a lower low on the price. That's a strong indicator of a bottom.

Along with the the MACD breaking above the 0 line as well. However, if the market stalls here as a whole, you probably are looking at the high of a trading range. On a short term basis AAPL is definitely overbought and hitting some resistance but that is also the behavior of a trend beginning too. I'd say if you break above $112 it will be a good sign of a strong run.

Heading into Sept and Oct with an election coming up could stall the entire market though.

[wutamess]

Originally Posted by Discuss Thrower

Is your goal to maximize the reward for what you've risked or to get a sustainable return on investment?

Sustainable return.

[wutamess]

Originally Posted by petegz28

Why don't you take some time and learn to read charts? It's not difficult and there are a ton of books out there that will explain how to do it.

Because there's tons of charts and data that could be used for charting. Don't have the attention span to decrypt through the bullshit. I just want to The Walking Dead to not have seasons and to run like the soaps and not have to worry about charts while my money grows.

Probably about to become a slum lord again soon as I know that's a sustainable return.

[Amnorix]

Originally Posted by wutamess

Because there's tons of charts and data that could be used for charting. Don't have the attention span to decrypt through the bullshit. I just want to The Walking Dead to not have seasons and to run like the soaps and not have to worry about charts while my money grows.

Probably about to become a slum lord again soon as I know that's a sustainable return.

Slum lord is a good way to go.

So is mindlessly investing in very low cost index funds (or ETFs, as you prefer) on a systematic basis. That approach gives you diversification and participation with relatively minimal effort. You're not trying to time the market, and you're not trying to outperform the market in general. Basically, market returns for as little cost as possible.

https://www.amazon.com/Random-Walk-D...1553064&sr=1-1

[NewChief]

Curious what folks think about Robo-Advisors like Wealthfront?

[petegz28]

Originally Posted by wutamess

Because there's tons of charts and data that could be used for charting. Don't have the attention span to decrypt through the bullshit. I just want to The Walking Dead to not have seasons and to run like the soaps and not have to worry about charts while my money grows.

Probably about to become a slum lord again soon as I know that's a sustainable return.

Then just put your money in an SP500 fund and some bond funds and be done with it.

[DaFace]

Originally Posted by NewChief

Curious what folks think about Robo-Advisors like Wealthfront?

The idea of them sounds nice. I've always been skeptical that they'll outperform a simple index fund, though, once you account for a little bit in extra fees.

[lewdog]

Originally Posted by DaFace

The idea of them sounds nice. I've always been skeptical that they'll outperform a simple index fund, though, once you account for a little bit in extra fees.

Agreed. People see something like a higher return and think it's worthwhile. If the fees you pay for that return make your net gain less than an index, it's simply not worth it. I have found that people have a hard time adjusting for fee cost into their return. A small re-occurring fee may not seem like a lot, but 1-2% on a total investment, really IS a lot.

[ChiliConCarnage]

Originally Posted by NewChief

Curious what folks think about Robo-Advisors like Wealthfront?

Logged back in here for the first time in a while, that said I love this thread.
I use wealthfront for some taxable; i think it's a reasonable deal for what's provided if you're comfortable with how aggressive they are (including Betterment, etc.).

[petegz28]

Originally Posted by lewdog

Agreed. People see something like a higher return and think it's worthwhile. If the fees you pay for that return make your net gain less than an index, it's simply not worth it. I have found that people have a hard time adjusting for fee cost into their return. A small re-occurring fee may not seem like a lot, but 1-2% on a total investment, really IS a lot.

Here is a bit of .05 wisdom that I cling too....

Fund Managers spend their entire career trying to beat the SP500....
Most cannot do it consistently...
So an SP500 fund should be the core of any portfolio....