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07-23-2017, 07:45 AM | #1126 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6364952
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Quote:
If you can't do that and just want to park money elsewhere than a brick and mortar bank paying 0.05% interest look into an online savings account. Ally bank currently pays 1.15%, Synchrony pays 1.20%, some others are up to 1.30%.
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07-23-2017, 10:54 AM | #1127 | |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1466136
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Quote:
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07-23-2017, 04:42 PM | #1128 | |
Veteran
Join Date: Jan 2006
Location: Undercover.....
Casino cash: $7662638
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Quote:
https://finance.yahoo.com/quote/PNOW?p=PNOW = 628.57 loss |
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Posts: 3,495
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07-24-2017, 05:03 PM | #1129 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-71532
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Quote:
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 |
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07-24-2017, 05:07 PM | #1130 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-49523
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07-24-2017, 05:24 PM | #1131 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
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Quote:
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/
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2024 Royals game thread record 3-0 Last edited by lewdog; 07-24-2017 at 05:30 PM.. |
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07-24-2017, 11:53 PM | #1132 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-223802
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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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07-25-2017, 12:38 AM | #1133 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1466136
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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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07-25-2017, 06:50 AM | #1134 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $434734
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07-25-2017, 04:01 PM | #1135 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-49523
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XRX has made a good run the last couple years
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Posts: 40,648
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07-25-2017, 06:11 PM | #1136 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
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Quote:
So just parking cash there is your plan or buying something soon?
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2024 Royals game thread record 3-0 |
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07-25-2017, 07:03 PM | #1137 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1466136
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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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07-25-2017, 07:36 PM | #1138 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $146899
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Saw this chart on reddit today. It's a pretty solid roadmap IMO.
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07-25-2017, 07:53 PM | #1139 |
a.k.a. Lenny
Join Date: Oct 2004
Location: Smack dab in the middle
Casino cash: $9637069
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NVIDIA 5 year chart.
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Posts: 1,919
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07-25-2017, 08:05 PM | #1140 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $891110
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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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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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