Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Register FAQDonate Members List Calendar

Reply
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26899
Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,558
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 12:45 PM   #16
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1256869
Vanguard index funds. Throw some cash into them at let it grow assuming you can pay the fees.
__________________
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
Posts: 44,263
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 12:49 PM   #17
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26899
Quote:
Originally Posted by Baconeater View Post
I have no savings, no 401k, I rent my house and lease my car and I would like to retire next week. Any advice would be appreciated.
I believe the appropriate CP response here is, "Kill yourself."
Posts: 52,558
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 12:49 PM   #18
scorpio scorpio is offline
Veteran
 
scorpio's Avatar
 

Join Date: Apr 2006
Casino cash: $9448509
I've got a pretty generous pension that I will receive from the State, but I don't have a 401(k) or IRA mostly because they don't match contributions. I should probably change that.
Posts: 1,131
scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.scorpio < Tried to steal Andy's chili fries.
    Reply With Quote
Old 06-27-2016, 12:50 PM   #19
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26899
Quote:
Originally Posted by Discuss Thrower View Post
Vanguard index funds. Throw some cash into them at let it grow assuming you can pay the fees.
I mentioned it in another thread recently, but I'm a big fan of the "lazy portfolio" approach. I personally use this pretty much exactly:

https://www.bogleheads.org/wiki/Three-fund_portfolio
Posts: 52,558
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 12:54 PM   #20
KChiefs1 KChiefs1 is offline
I’m a Mahomo!
 
KChiefs1's Avatar
 

Join Date: Aug 2004
Location: Mid-Missouri
Casino cash: $6771021
Quote:
Originally Posted by Baconeater View Post
I have no savings, no 401k, I rent my house and lease my car and I would like to retire next week. Any advice would be appreciated.


I'm working until the day I die.


Sent from my iPhone using Tapatalk
__________________
Posts: 54,038
KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.KChiefs1 is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 12:55 PM   #21
Rain Man Rain Man is offline
Seize life. Be an ermine.
 
Rain Man's Avatar
 

Join Date: Jul 2001
Location: My house
Casino cash: $1318491
VARSITY
Quote:
Originally Posted by Holladay View Post
This is a no brainer buying opportunity. Scrape any extra money and dump it into ANYTHING. When blue jeans go on sale, people buy. When the market goes on sale, people run.
Yeah, I'm buying right now. I've taken a big hit, but fortunately my cash position was higher than usual when it dropped.

I'm trying to figure out why cruise lines stocks have been hammered so much. I have some CUK and RCL that have been beaten like a Matt Cassel football team. I'm buying some more of it because I still have 15 years until retirement.
__________________
Active fan of the greatest team in NFL history.
Posts: 143,223
Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 01:05 PM   #22
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
Quote:
Originally Posted by Halfcan View Post
I have watched my stock portfolio drop 7% in the last two sessions. Thanks Brexit!

http://finance.yahoo.com/news/what-t...192011008.html

People make far more money selling stocks short on any bad news than the hold for gains strategy. I am beginning to think Mutual funds are becoming obsolete in today's market.
Instead of being a whiney douche, look for buying opportunities like I am because many stocks were overpriced.
__________________
"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"


Posts: 52,955
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 01:14 PM   #23
eDave eDave is offline
Banned
 

Join Date: Jan 2013
Casino cash: $9998560
Be fearful when others are greedy and be greedy only when others are fearful.

- Warren Buffett

Even if it's just your 401K, increase your contributions now. Call your administrator for guidance.
Posts: 53,803
eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 01:24 PM   #24
Halfcan Halfcan is offline
In Search of a Life
 
Halfcan's Avatar
 

Join Date: Aug 2005
Casino cash: $7327995
Quote:
Originally Posted by scho63 View Post
Instead of being a whiney douche, look for buying opportunities like I am because many stocks were overpriced.
I was stating a fact not being whiney.

Go ahead and buy and hold- the next news out of the EU will slash your investment and you will be holding for months, maybe years to try and regain your losses. The real players make their money on fear and bad news and will triple it again will you are waiting.

Maybe try the Oil sector-plenty of companies like Linn energy that were gutted by the manipulated oil prices. They have not recovered while the short sellers made 90% profit on the way down. Lots of "Buying opportunities" there.
Posts: 43,200
Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 01:29 PM   #25
Halfcan Halfcan is offline
In Search of a Life
 
Halfcan's Avatar
 

Join Date: Aug 2005
Casino cash: $7327995
Quote:
Originally Posted by eDave View Post
Be fearful when others are greedy and be greedy only when others are fearful.

- Warren Buffett

Even if it's just your 401K, increase your contributions now. Call your administrator for guidance.
Glad you are confident it was just a 2 day reaction to the Brexit vote. Smart money should be bet on that being just the first domino. More bad news on the way IMO.

The rich are waiting for the sheep to prop the market back up so they can slaughter them.
Posts: 43,200
Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.Halfcan is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 02:01 PM   #26
Omaha Omaha is offline
Badass!
 
Omaha's Avatar
 

Join Date: May 2010
Casino cash: $9786579
Quote:
Originally Posted by Baconeater View Post
I have no savings, no 401k, I rent my house and lease my car and I would like to retire next week. Any advice would be appreciated.
Do it! Don't be a pussy.
Posts: 6,558
Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.Omaha is blessed with 50/50 Hindsight.
    Reply With Quote
Old 06-27-2016, 02:03 PM   #27
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by Halfcan View Post
Lloyds banking and other financial stocks down by as much as 25% in 2 days.

That was my point-the money was made on the way down-not trying to time the bottom of the market and hold until it corrects. How long will it take Lloyds to gain that back?

I thought CS and DB had bottomed out, but they just got hammered again. I lost over 5% in my RBC stocks and BMO that killed the slow gains from a month of steady climbing. I will get a nice dividend in a few weeks that will be reinvested at the lower stock price-but it is still crap since they are some of the most solid banks in the world and have a low exposure to Europe compared to most other banks.

But if you're not selling tomorrow, next week or next month, who cares?

I've always been able to stomach "paper" losses because I know i'm not selling soon, and it's always recovered (if the underlying issuer is strong, anyway).
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 02:04 PM   #28
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by scorpio View Post
I've got a pretty generous pension that I will receive from the State, but I don't have a 401(k) or IRA mostly because they don't match contributions. I should probably change that.

Yes, you should. Tax advantaged growth is very hard to beat. You should probably set up systematic investing, even if it's a fairly small dollar amount. The market can go sideways for a loooong time, but if you're reasonably young (less than 50), play it safe, and stick to the program, you should come out ahead in the long run.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 02:05 PM   #29
ChiTown ChiTown is offline
Stroking to the SB Champs!
 
ChiTown's Avatar
 

Join Date: Aug 2000
Location: Flatlands of Kansas
Casino cash: $1288962
I just want to say one word to you.......

Plastics.
__________________
Posts: 40,217
ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.
    Reply With Quote
Old 06-27-2016, 02:06 PM   #30
Discuss Thrower Discuss Thrower is offline
"You like to drink?"
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1256869
__________________
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
Posts: 44,263
Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.Discuss Thrower is obviously part of the inner Circle.
    Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 08:39 AM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.