Money Investing megathread extravaganza - Page 27

**DaFace** · 06:35 PM

A place to talk about investing stuff.

ChiliConCarnage · 09-10-2016, 03:39 PM

Quote:

Originally Posted by eDave

Are you saying an IRA is a better option in the long run? That's advise I'll take too.

This is one of my team members that I like, am coaching professionally and I would really like to help him get on track. He knows he won't retire to a life of leisure.

He's just had a life that didn't allow for much investing. Thank you all for your advise.

For most people: hit 401k match, max IRA, max 401k if possible. It depends on the 401k plan but for most people they have more and cheaper options in an IRA of their choice. Schwab, Vanguard, and Fidelity are all fairly popular.

eDave · 09-10-2016, 04:26 PM

Quote:

Originally Posted by ChiliConCarnage

For most people: hit 401k match, max IRA, max 401k if possible. It depends on the 401k plan but for most people they have more and cheaper options in an IRA of their choice. Schwab, Vanguard, and Fidelity are all fairly popular.

Thanks dude. I always thought that was the school of thought for younger investors and not recommended when getting into it late.

eDave · 09-19-2016, 05:44 PM

What kind of adjustments are you guys contemplating depending on who wins the election?

What will you do if Trump wins?

What will you do if Hillary wins?

(please don't turn this into a DC thing)

On a side note, interest rates have to go up too. Not in Oct. during an election, but definitely by EOY.

**Rain Man** · 09-19-2016, 06:19 PM

Quote:

Originally Posted by eDave

What kind of adjustments are you guys contemplating depending on who wins the election?

What will you do if Trump wins?

What will you do if Hillary wins?

(please don't turn this into a DC thing)

On a side note, interest rates have to go up too. Not in Oct. during an election, but definitely by EOY.

Maybe I'm naive, but I don't pay attention to politics as it relates to my investments. If prices go down, I buy more. Otherwise I have my normal strategies.

eDave · 09-19-2016, 06:30 PM

Quote:

Originally Posted by Rain Man

Maybe I'm naive, but I don't pay attention to politics as it relates to my investments. If prices go down, I buy more. Otherwise I have my normal strategies.

That makes to total sense. I'm should have clarified it as 401K investments. I don't care who wins really, but I'd like to navigate it correctly. Might just pull it back for a bit and access the sitch.

**Buehler445** · 09-19-2016, 06:49 PM

Quote:

Originally Posted by eDave

What kind of adjustments are you guys contemplating depending on who wins the election?

What will you do if Trump wins?

What will you do if Hillary wins?

(please don't turn this into a DC thing)

On a side note, interest rates have to go up too. Not in Oct. during an election, but definitely by EOY.

Everybody keeps saying that about the interest rates but I don't see it.

It's a popular position that interest rates HAVE to go up. What boggles my mind is interest rates really fell at 9/11. Which was 15 ****ing years ago. They didn't achieve their epic low for a few years but they've been almost nothin for 15 years.

There isn't inflation. I fail to believe that there will be material changes in the interest rates. I'm probably wrong, but I don't see any reason for them to take off that hasn't existed in the last 15 years.

eDave · 09-19-2016, 06:55 PM

Quote:

Originally Posted by Buehler445

Everybody keeps saying that but I don't see it.

It's a popular position that interest rates HAVE to go up. What boggles my mind is interest rates really fell at 9/11. Which was 15 ****ing years ago. They didn't achieve their epic low for a few years but they've been almost nothin for 15 years.

There isn't inflation. I fail to believe that there will be material changes in the interest rates. I'm probably wrong, but I don't see any reason for them to take off that hasn't existed in the last 15 years.

The committed to two adjustments per year. One so far this year and the case to increase in Oct was gaining traction after last meeting.

Discuss Thrower · 09-19-2016, 06:57 PM

Quote:

Originally Posted by eDave

The committed to two adjustments per year. One so far this year and the case to increase in Oct was gaining traction after last meeting.

They won't follow through.

They don't want to be the goat if (really, when) the stock market takes a dive after the election.

eDave · 09-19-2016, 07:10 PM

Quote:

Originally Posted by Discuss Thrower

They won't follow through.

They don't want to be the goat if (really, when) the stock market takes a dive after the election.

Historically (1900 - 2008), the market has gone up 15% when the incumbent party wins. -4.5% if the incumbent party loses. Overall average is up 7.5 regardless after an election.

Democrat President/Republican Congress has meant an over 21% increase.

Discuss Thrower · 09-19-2016, 07:12 PM

http://aswathdamodaran.blogspot.com/...rantee-of.html

**lewdog** · 09-19-2016, 07:36 PM

Don't change your investments based on who wins. It's largely uncorrelated when calculated for a president's full term. Political parties don't really effect the market. We've had great and bad times with both parties at the helm.

Discuss Thrower · 09-19-2016, 07:37 PM

Quote:

Originally Posted by lewdog

Don't change your investments based on who wins. It's largely uncorrelated when calculated for a president's full term. Political parties don't really effect the market. We've had great and bad times with both parties at the helm.

No, but I feel confident that a Trump election would make volatility spike and stay spiked for a while.

**lewdog** · 09-19-2016, 07:41 PM

Quote:

Originally Posted by Discuss Thrower

No, but I feel confident that a Trump election would make volatility spike and stay spiked for a while.

Fine with me. Are you retiring soon?

I'd like a stock sale. But I think volatility will be high regardless of who wins this election given both candidates.

ChiliConCarnage · 09-21-2016, 05:49 PM

non shocker? rates didn't move.

scho63 · 09-21-2016, 06:15 PM

I think the market is way overdue for a correction and these lower than low rates are like a loaded spring.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1633101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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09-19-2016, 05:44 PM	#393
eDave Banned Join Date: Jan 2013 Casino cash: $9998560	What kind of adjustments are you guys contemplating depending on who wins the election? What will you do if Trump wins? What will you do if Hillary wins? (please don't turn this into a DC thing) On a side note, interest rates have to go up too. Not in Oct. during an election, but definitely by EOY.
Posts: 53,803

09-19-2016, 07:12 PM	#400
Discuss Thrower "You like to drink?" Join Date: Jun 2006 Location: "I like to drink." Casino cash: $-140000	http://aswathdamodaran.blogspot.com/...rantee-of.html __________________ Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
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09-19-2016, 07:36 PM	#401
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1338100	Don't change your investments based on who wins. It's largely uncorrelated when calculated for a president's full term. Political parties don't really effect the market. We've had great and bad times with both parties at the helm.
Posts: 46,294

09-21-2016, 05:49 PM	#404
ChiliConCarnage TACO SALAD Join Date: Apr 2008 Location: yes Casino cash: $-1851532	non shocker? rates didn't move.
Posts: 7,040

09-21-2016, 06:15 PM	#405
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $-690000	I think the market is way overdue for a correction and these lower than low rates are like a loaded spring. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
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