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#1111 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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Quote:
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Posts: 40,645
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#1112 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1348100
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Quote:
This is a great post and I totally agree. No reason you can't just have that individual brokerage account and do ETFs, which are in a simple sense, mutual funds that can be traded like stocks. I only purchase mutual funds in my retirement accounts as they usually have higher fees. In my individual brokerage account I'll purchase the ETF equivalent or index as it's more liquid. With Vanguard, TD Ameritrade and most other online brokerage accounts, they offer a list of Free trades with certain ETFs. With my TD Ameritrade account I have access to 101 ETFs that I can trade commission free. Meaning if I only want to invest a few hundred dollars in some ETF, I can and not get eaten up in fees for such a low initial investment. I can trade this months later and again, it's free. I think this is your best option. Watch the fees on other ETFs though. If you only plan on buying a few hundred dollars of shares at a time, the fees can eat you up pretty quick. Pretty sure Vanguard ETFs are free with a brokerage account there though. https://investor.vanguard.com/invest...ssions?lang=en If you wanna make sure the ETF is free trades before buying, you can always call them. Their customer services is very good. Here's a list as well. 55 different choices on the free list from what I can tell. https://investor.vanguard.com/etf/li...th-end-returns Some good reading about ETFs and free trades in the middle of this. http://www.thesimpledollar.com/how-t...n-index-funds/ Last edited by lewdog; 07-24-2017 at 05:30 PM.. |
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Posts: 46,296
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#1113 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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I'm not a market guy but I have some money I can afford to invest. How bout a stock tip?
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Posts: 16,095
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#1114 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $-183864
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I just bought an etf when do I get rich and get pussy? Federal Money Market
(Settlement fund) is what I bought.
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Posts: 54,931
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#1115 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1355266
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Posts: 59,928
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#1116 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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XRX has made a good run the last couple years
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Posts: 40,645
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#1117 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1348100
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Posts: 46,296
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#1118 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $-183864
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My plan is to park money there to see if I can grasp concepts. So I bougjt 70 dollars of this share. Should I schedule an appointment ar the lambo dealership now? Hopefully I can buy a mutual fund index fund idunno the difference. I don't make much money so it will take time
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Posts: 54,931
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#1119 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1643101
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Saw this chart on reddit today. It's a pretty solid roadmap IMO.
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Posts: 53,117
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#1120 |
a.k.a. Lenny
Join Date: Oct 2004
Location: Smack dab in the middle
Casino cash: $9637069
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NVIDIA 5 year chart.
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Posts: 1,919
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#1121 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-700000
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Don't show that to HogFarmer as he got in early at around $38 or so and he bailed at $65 thinking he was smart. He may jump off the end of that chart!
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,909
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#1122 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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Truly. I'm actually going to build a portfolio. I'm going to have a couple financial advisers but I wanted some Chiefs Planet input. Besides what I do with the advisers I'll end up doing something on my own. Maybe I should do a small portfolio based on the advice from Chiefs Planet.
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Posts: 16,095
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#1123 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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I know NVIDIA makes video cards but I'd like to know what's driving their success.
XRX what's that and what do they do?
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Posts: 16,095
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#1124 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-442449
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I believe that Step 3 should be prioritized over Step 2.
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Active fan of the greatest team in NFL history. |
Posts: 145,230
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#1125 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1643101
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There's always room for tweaking based on the specific situation, but I don't disagree with it. There aren't many other ways to get a 100% rate of return immediately on an investment. Plus, it's good to break the ice on saving for retirement rather than saying "Someday, I'll start."
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