|
06-15-2020, 02:32 PM | #5401 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
Quote:
Guessing is hard. I always take profits along the way in my brokerage account because no one ever went poor selling stocks for profit. In my investment accounts I just dollar cost average each month and never look back. I rebalance those accounts once a year to my desired allocation. |
|
Posts: 46,057
|
06-15-2020, 02:36 PM | #5402 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
|
Posts: 46,057
|
1 0 |
06-15-2020, 02:40 PM | #5403 | |
Grand champ
Join Date: Sep 2007
Casino cash: $612369
|
Quote:
I guess if you're 20 you've got another 40 years for the market to rebound and compound interest, but would it be better for someone on the older side to ride it out for another 6-9 months before dumping in a boatload of cash? |
|
Posts: 45,334
|
06-15-2020, 02:45 PM | #5404 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1848491
VARSITY
|
Quote:
I love the fact that trades are free now on the brokerages. I can buy $100 of stock at a time now without worrying about fees eating my profits.
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,610
|
06-15-2020, 02:49 PM | #5405 |
MVP
Join Date: Jan 2012
Casino cash: $3525025
|
Every once in awhile i am reminded that no matter how old I get, I`m still capable of asking stupid questions. Feel foolish that I needed reminding that the success of ROTH IRAs are based on CI which is based on time. Thanks the the head slap of wakefulness
|
Posts: 6,154
|
06-15-2020, 02:58 PM | #5406 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1880526
|
Today was a good day.
__________________
Adopt-A-Chief: John Dorsey
|
Posts: 18,454
|
06-15-2020, 03:03 PM | #5407 |
I'll be back.
Join Date: Nov 2002
Casino cash: $3240478
|
If you saw my chart this year you'd think more highly of my brain.
__________________
Chiefs game films |
Posts: 285,741
|
06-15-2020, 03:11 PM | #5408 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
Quote:
Realized gains or all paper? |
|
Posts: 46,057
|
06-15-2020, 03:14 PM | #5409 |
I'll be back.
Join Date: Nov 2002
Casino cash: $3240478
|
Some realized, some are long-term holds.
But move those goalposts, lewdick. We're not in the IQ era any more. I am become death, destroyer of shorts.
__________________
Chiefs game films |
Posts: 285,741
|
06-15-2020, 03:17 PM | #5410 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
Quote:
I’m going to get this thread on track and provide some good responses, articles and information. I’ve spent the last few months screwing around in my posting here and honestly this could be a valuable thread. Pete and Buehler provide good posts, along with Rainman and some occasional others. I’ll even say that Clay isn’t always wrong, but I do enjoy the banter with him. His trading style is risky although no uncommon. I wouldn’t recommend it for most but he’s not always super foolish. |
|
Posts: 46,057
|
06-15-2020, 03:18 PM | #5411 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
|
Posts: 46,057
|
06-15-2020, 05:08 PM | #5412 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $844734
|
|
Posts: 57,682
|
1 0 |
06-15-2020, 05:42 PM | #5413 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $260477
|
Quote:
|
|
Posts: 40,762
|
06-15-2020, 07:34 PM | #5414 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $878196
|
Absolutely. I am always talking to the newer people at work about how important it is to always contribute to our TSP. A lot of them don't realize how quickly it can build if you put a few % more than the match.
|
Posts: 1,287
|
06-15-2020, 08:11 PM | #5415 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $461900
|
My company match blows. Only bad part about my job and benefits. I put in 12% of my own income to bring my tax bracket down though. Crazy how many people pass up free money in the company match.
|
Posts: 46,057
|
|
|