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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 01-02-2019, 10:33 PM   #2566
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Well, I ended that year down 5.8 percent. But before you laugh at me, I apparently beat the S&P 500.


Take it and run. I did my best not to panic, look at the IRA too much, and ended down 12.8. The good news is I’m still a long ways from needing it.


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Old 01-02-2019, 11:57 PM   #2567
scho63 scho63 is offline
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FWIW, CPA and CFP have virtually nothing to do with each other.

CPA = Certified Public Accountant
CFP = Certified Financial Planner

The similarities end with requiring certification and continuing education, the similarities pretty much end there.

Becoming a full on CFP would be a massive undertaking. Meaning He would have to take a ****load of courses, the exam, and work under a CFP for a really long time.

This would be a full on career change.

That being said, many "financial planners" aren't certified. Most ****nuts Series 5, 6, or 7 certifications so they can sell bullshit ass products for bullshit ass companies.

I don't know if there are any other certifications out there, but I wouldn't recommend going the full CFP route.

https://www.cfp.net/become-a-cfp-pro...n-requirements
Yes I know but most successful CFPs I know began their lives as CPAs. I think it's a natural transition.

Most of you guys maybe too young to remember this how but how about "Silver Screen Limited Partnerships" sold by Lehman Brothers as tax shelters in the late 80's? ****ing disasters.......
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Old 01-03-2019, 12:47 AM   #2568
Buehler445 Buehler445 is offline
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Yes I know but most successful CFPs I know began their lives as CPAs. I think it's a natural transition.

Most of you guys maybe too young to remember this how but how about "Silver Screen Limited Partnerships" sold by Lehman Brothers as tax shelters in the late 80's? ****ing disasters.......
There really isn’t a lot of overlap there. It would be a massive undertaking to switch from CPA to CFP if I understand the rules properly.
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Old 01-03-2019, 12:59 AM   #2569
Rain Man Rain Man is offline
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Take it and run. I did my best not to panic, look at the IRA too much, and ended down 12.8. The good news is I’m still a long ways from needing it.


Sent from my iPad using Tapatalk

Ouch. Did something in particular tank on you?

I have three different accounts that I manage, two IRAs and one that's liquid savings. One of them was a rock and only lost 2.5 percent. The second one did pretty good as well, relatively speaking, and was down 3.2 percent.

But the third one was down 14.0 percent. It seemed like all of my overweighted stocks in that account tanked, even though there was no particular pattern among them. My second-biggest holding in that account (THO) got pulverized this year, losing over 60 percent, and it was about 8 percent of my total holdings in that account. But hey, now it's low so I'm buying a little more. It'll go back up eventually, right?
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Old 01-03-2019, 08:56 AM   #2570
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I just dropped some money into me and my wife's Roth IRA. Give me some good ideas to invest it in.
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Old 01-03-2019, 10:53 AM   #2571
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Old 01-03-2019, 11:04 AM   #2572
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Index funds
There are lots of index funds. Looking to narrow the search. Considering some HealthCare iShare ETFs... seems to be one of the better ones.
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Old 01-03-2019, 02:36 PM   #2573
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Cashing in my stock account during my move to Scottsdale looked foolish for the next 12-16 months.

Now I look like an idiot savant.
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Old 01-03-2019, 02:51 PM   #2574
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I'm looking for advice on how to pick a good CFP. I realize many aren't certified. In the past I just used a good newsletter to pick stocks. This year I'm looking for professional advice.

Picking a 'guy' is as tough as picking the stock.

Also my 401k only let's me do mutual funds. I'm used to buying stocks.

Any advice here?
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Old 01-03-2019, 07:27 PM   #2575
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Ouch. Did something in particular tank on you?

I have three different accounts that I manage, two IRAs and one that's liquid savings. One of them was a rock and only lost 2.5 percent. The second one did pretty good as well, relatively speaking, and was down 3.2 percent.

But the third one was down 14.0 percent. It seemed like all of my overweighted stocks in that account tanked, even though there was no particular pattern among them. My second-biggest holding in that account (THO) got pulverized this year, losing over 60 percent, and it was about 8 percent of my total holdings in that account. But hey, now it's low so I'm buying a little more. It'll go back up eventually, right?


All indexed funds. Largest in a target fund, about 30 percent splits between a large cap and a mid cap. The large cap did the best.


Sent from my iPad using Tapatalk
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Old 01-03-2019, 09:39 PM   #2576
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Old 01-04-2019, 02:18 AM   #2577
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These are fun times boys!!!
They'd be a lot more fun if I had a ton of cash to buy cheap stocks now. And it's too damn cold to go fishin.
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Old 01-04-2019, 12:46 PM   #2578
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Old 01-10-2019, 05:31 PM   #2579
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THE RALLY BEGINS
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Old 01-10-2019, 08:27 PM   #2580
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IQ up 5% today!!!



THE RALLY BEGINS
I just need to hit $30 so I can sell.

Maybe sometime by the end of 2019.
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