Money Investing megathread extravaganza - Page 161

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Rausch** · 10-30-2018, 05:58 PM

I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...

Amnorix · 10-30-2018, 06:06 PM

Quote:

Originally Posted by Rain Man

I expect General Electric to make a rebound any day now.

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.

**Rain Man** · 10-30-2018, 06:17 PM

Quote:

Originally Posted by Amnorix

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.

I remember you saying that you were going to sell. I should have followed your lead. I kept thinking, "meh, I'm getting the dividend and the stock price doesn't affect that". Well, now I'm not getting a dividend and I think I'm down 60 percent. That stings.

**lewdog** · 10-30-2018, 08:48 PM

Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.

Discuss Thrower · 10-30-2018, 08:49 PM

Quote:

Originally Posted by lewdog

Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.

I've got $2,500 in cash just collecting dat 1% APY sweep.

RunKC · 11-01-2018, 06:52 PM

https://www.cnbc.com/2018/11/01/here...acebook%7Cmain

401K Roth IRA contributions increased!

**Rain Man** · 11-07-2018, 10:14 AM

It's not worth a whole thread, but I found this fact interesting and very surprising:

https://www.cnn.com/2018/11/07/inves...ing/index.html

China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.

**MahiMike** · 11-07-2018, 10:33 AM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

Loan the money to a professional house flipper.

**MahiMike** · 11-07-2018, 10:35 AM

Will be interesting to see how these elections affect everything. Bump this morning.

**BigRichard** · 11-09-2018, 08:40 AM

Quote:

Originally Posted by Hog's Gone Fishin

I just bought some on the dip.

I was going to do the same thing but I am glad I didn't. JP Morgan just dropped their value on them down to like $6 a share. They are dropping this morning now.

Hog's Gone Fishin · 11-09-2018, 09:25 AM

Quote:

Originally Posted by BigRichard

I was going to do the same thing but I am glad I didn't. JP Morgan just dropped their value on them down to like $6 a share. They are dropping this morning now.

I obviously have as much influence as JP Morgan. GE sat between 12-15 forever. It goes to 11.60 so I throw 1K at it and now it's at 9.60.

**BigRichard** · 11-09-2018, 09:38 AM

Quote:

Originally Posted by Hog's Gone Fishin

I obviously have as much influence as JP Morgan. GE sat between 12-15 forever. It goes to 11.60 so I throw 1K at it and now it's at 9.60.

It is actually right about 8.50 right now. I may make that jump here shortly once it drops some more.

**TinyEvel** · 11-15-2018, 12:31 PM

Tossing around the option of a whole life policy as supplemental savings. I know that most people say buy term and invest the difference but the Long term care rider and tax avoidance when withdrawing later in life is appealing. Im 50 years old. and after 17 years the thing pays the premiums from the dividend, you stop paying into it, still get the 500K death benefit plus cash value at that point is around 290K.

This would be a supplement to a 401 K that I've built up over the past 25 years.

Thoughts?

Add this or keep contributing to 401K (some balanced funds and bonds as well as international stocks) and a online trading accounts (US stocks mostly tech and younger companies). but then be vulnerable to market shifts and taxes down the road.

**Buehler445** · 11-15-2018, 01:18 PM

Quote:

Originally Posted by TinyEvel

Tossing around the option of a whole life policy as supplemental savings. I know that most people say buy term and invest the difference but the Long term care rider and tax avoidance when withdrawing later in life is appealing. Im 50 years old. and after 17 years the thing pays the premiums from the dividend, you stop paying into it, still get the 500K death benefit plus cash value at that point is around 290K.

This would be a supplement to a 401 K that I've built up over the past 25 years.

Thoughts?

Add this or keep contributing to 401K (some balanced funds and bonds as well as international stocks) and a online trading accounts (US stocks mostly tech and younger companies). but then be vulnerable to market shifts and taxes down the road.

Just do your research on the company. I have a term policy through Genworth which was a highly rated company. They got butt****ed by their LTC policies and don’t do shit with life anymore and all the features that would be nice are out the window.

Typically you can do better in mutual funds but it’s not a terrible tool.

**Iowanian** · 11-15-2018, 01:39 PM

Congratulations. This thread drew me into the Etrade hobby early in the year. I've invested only "extra" money like FFB winnings, dividends from other investments(bioD etc)....

So far, I'm only down about $750 on the year on whims I obtained by reading here.....GE looked like a good idea because it was down and I'd had reason to believe some industry relevant things were going to pay off for them....US steel, Silica and some other things when I thought the oil boom and Steel Tariffs were going to pay off.....

I'm learning though, and I cashed out a couple of shitters and took a shot at a couple of hemp stocks.

someday, I'll cash out a roll.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-63101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,578

10-30-2018, 08:48 PM	#2404
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-148100	Just gave a look at the old brokerage account. Woof. Maybe I won't look for a few weeks. __________________ 2024 Royals game thread record 3-0
Posts: 46,167

11-01-2018, 06:52 PM	#2406
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $179611	https://www.cnbc.com/2018/11/01/here...acebook%7Cmain 401K Roth IRA contributions increased! __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley
Posts: 48,834

11-07-2018, 10:14 AM	#2407
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $1228491 VARSITY	It's not worth a whole thread, but I found this fact interesting and very surprising: https://www.cnn.com/2018/11/07/inves...ing/index.html China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined. __________________ Active fan of the greatest team in NFL history.
Posts: 143,344	1 0

11-07-2018, 10:35 AM	#2409
MahiMike He's Mahomie! Join Date: Aug 2001 Location: Jax, FL Casino cash: $10023443	Will be interesting to see how these elections affect everything. Bump this morning. __________________ 99.9%
Posts: 17,387

11-15-2018, 12:31 PM	#2413
TinyEvel Just a li'l Evel Join Date: Sep 2005 Location: Bald. Goatee. Jorts. Casino cash: $3579601	Tossing around the option of a whole life policy as supplemental savings. I know that most people say buy term and invest the difference but the Long term care rider and tax avoidance when withdrawing later in life is appealing. Im 50 years old. and after 17 years the thing pays the premiums from the dividend, you stop paying into it, still get the 500K death benefit plus cash value at that point is around 290K. This would be a supplement to a 401 K that I've built up over the past 25 years. Thoughts? Add this or keep contributing to 401K (some balanced funds and bonds as well as international stocks) and a online trading accounts (US stocks mostly tech and younger companies). but then be vulnerable to market shifts and taxes down the road.
Posts: 12,063

11-15-2018, 01:39 PM	#2415
Iowanian Supporter Join Date: Aug 2000 Location: Utopia Casino cash: $3268454	Congratulations. This thread drew me into the Etrade hobby early in the year. I've invested only "extra" money like FFB winnings, dividends from other investments(bioD etc).... So far, I'm only down about $750 on the year on whims I obtained by reading here.....GE looked like a good idea because it was down and I'd had reason to believe some industry relevant things were going to pay off for them....US steel, Silica and some other things when I thought the oil boom and Steel Tariffs were going to pay off..... I'm learning though, and I cashed out a couple of shitters and took a shot at a couple of hemp stocks. someday, I'll cash out a roll.
Posts: 62,492