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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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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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Old 07-24-2017, 05:07 PM   #1111
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Chief Pote View Post
I hope you bailed on that one.

https://finance.yahoo.com/quote/PNOW?p=PNOW

= 628.57 loss
I bailed long ago.
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Old 07-24-2017, 05:24 PM   #1112
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Quote:
Originally Posted by ChiliConCarnage View Post
Buy the ETF equivalent

https://personal.vanguard.com/us/fun...FundIntExt=INT

That link is vbiix. Underneath the fund name, Vanguard Intermediate.., you'll see hyperlinks to the admiral share class and the ETF. The Admiral shares have lower expense ratios but cost even more to get into (10k in this case). The ETF is a stock version. They typically have the same ER as the Admiral shares and the minimum is whatever 1 share costs to buy. In this case 80 something bucks.

Both the ETF and the mutual fund hold the same underlying assets. You can start with the ETFs and shift into mutual funds once you have the minimums. Once your comfortable buying ETF as stock there aren't many reasons to purchase mutual funds though. They're pretty inferior unless you want automated investing on deposits every two weeks
This is a great post Demonpenz.

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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Old 07-24-2017, 11:53 PM   #1113
philfree philfree is offline
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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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Old 07-25-2017, 12:38 AM   #1114
Demonpenz Demonpenz is offline
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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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Old 07-25-2017, 06:50 AM   #1115
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by philfree View Post
I'm not a market guy but I have some money I can afford to invest. How bout a stock tip?
STOCK TIP: Don't buy stocks.

If it truly is an ivestment buy mutual funds.
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Old 07-25-2017, 04:01 PM   #1116
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 07-25-2017, 06:11 PM   #1117
lewdog lewdog is offline
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Quote:
Originally Posted by Demonpenz View Post
I just bought an etf when do I get rich and get pussy? Federal Money Market
(Settlement fund) is what I bought.


So just parking cash there is your plan or buying something soon?
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Old 07-25-2017, 07:03 PM   #1118
Demonpenz Demonpenz is offline
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So just parking cash there is your plan or buying something soon?
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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Old 07-25-2017, 07:36 PM   #1119
DaFace DaFace is offline
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Saw this chart on reddit today. It's a pretty solid roadmap IMO.

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Old 07-25-2017, 07:53 PM   #1120
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NVIDIA 5 year chart.
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Old 07-25-2017, 08:05 PM   #1121
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NVIDIA 5 year chart.
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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Old 07-25-2017, 08:18 PM   #1122
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Originally Posted by Buehler445 View Post
STOCK TIP: Don't buy stocks.

If it truly is an ivestment buy mutual funds.
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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Old 07-25-2017, 08:22 PM   #1123
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NVIDIA 5 year chart.
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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Old 07-25-2017, 08:59 PM   #1124
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Originally Posted by DaFace View Post
Saw this chart on reddit today. It's a pretty solid roadmap IMO.
I believe that Step 3 should be prioritized over Step 2.
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Old 07-25-2017, 09:02 PM   #1125
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I believe that Step 3 should be prioritized over Step 2.
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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