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08-10-2017, 09:22 PM | #1231 | |
Veteran
Join Date: Oct 2008
Casino cash: $9986835
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Quote:
If you get into the etf game (which I highly recommend if you are serious about long term wealth building) there are many brokerages that trade commission free (Vanguard to name one). They diversify your investment across many different companies so you don't have all your eggs in one basket. There is a lot of great info in this thread about them. Use us as a resource and look at this as a learning experience, there are some really knowledgeable people on here. |
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Posts: 1,606
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08-10-2017, 09:24 PM | #1232 |
Veteran
Join Date: Oct 2008
Casino cash: $9986835
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Posts: 1,606
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08-10-2017, 11:10 PM | #1233 |
Spooky Action
Join Date: Dec 2003
Casino cash: $1022558
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Bogelhead here. It's the best strategy there is IMO, but the least exciting.
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Posts: 6,426
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08-11-2017, 07:29 AM | #1234 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $291900
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I bought my first individual stocks earlier this year as well. That's after 5 years of ramping my 401k/Roth IRA contributions up to 15%. The money I then invested in individual stocks is IN addition this amount, not in place of those investments. It's currently 6% of my total portfolio and I don't really plan to ever have individuals stocks be more than 10% of my total portfolio.
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2024 Royals game thread record 3-0 |
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Posts: 46,097
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08-11-2017, 09:45 AM | #1235 | |
Starter
Join Date: Oct 2012
Casino cash: $10010931
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Quote:
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin |
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Posts: 416
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08-11-2017, 09:48 AM | #1236 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $386899
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Posts: 52,386
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08-11-2017, 09:51 AM | #1237 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $90477
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Posts: 40,698
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08-11-2017, 09:52 AM | #1238 |
Take a Chill Pill
Join Date: Nov 2006
Location: South Carolina
Casino cash: $7759900
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I only bought 7 shares of KTOS. I can't really afford much more right now.
But I will read the thread and see what I can do. |
Posts: 44,565
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08-11-2017, 09:53 AM | #1239 | |
Starter
Join Date: Oct 2012
Casino cash: $10010931
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Quote:
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin |
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Posts: 416
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08-11-2017, 09:54 AM | #1240 |
Starter
Join Date: Oct 2012
Casino cash: $10010931
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That was my experience with season tickets lol
I would rather put that money into something potentially meaningful now that I'm out of them.
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin |
Posts: 416
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08-11-2017, 12:35 PM | #1241 | |
MVP
Join Date: Aug 2005
Casino cash: $4509212
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Quote:
But it isn't money I'm worried about...just learning. |
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Posts: 14,601
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08-11-2017, 12:37 PM | #1242 | |
MVP
Join Date: Aug 2005
Casino cash: $4509212
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08-11-2017, 12:42 PM | #1243 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1616869
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Penny stocks are an awful idea.
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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: 44,036
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08-11-2017, 12:43 PM | #1244 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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Quote:
Depending on your rate, you may not have the right goal in mind. But hey, if it gives you peace of mind or you vastly prefer it to anything else, I definitely understand.
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"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 |
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Posts: 43,125
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08-11-2017, 12:47 PM | #1245 |
MVP
Join Date: Aug 2005
Casino cash: $4509212
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Posts: 14,601
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