Investments!

Lugnut

I'm Rick James #####!
Just checked my portfolio and my two largest positions are up 11% and 13% for the past MONTH! :faint::yahoo:

I'm still learning about investing and am on the conservative side so seeing a one month gain like this was unexpected. :lol:

What kind of investment strategies do you all have?
 

PJumper

New Member
Lugnut said:
Just checked my portfolio and my two largest positions are up 11% and 13% for the past MONTH! :faint::yahoo:

I'm still learning about investing and am on the conservative side so seeing a one month gain like this was unexpected. :lol:

What kind of investment strategies do you all have?

My investment plan is simple. Send kids to college while I got the money to do it so they don't dip into my retirement checks later on.
 

Pete

Repete
Lugnut said:
Just checked my portfolio and my two largest positions are up 11% and 13% for the past MONTH! :faint::yahoo:

I'm still learning about investing and am on the conservative side so seeing a one month gain like this was unexpected. :lol:

What kind of investment strategies do you all have?
I listen to Bob and do the opposite. I am up 40% YTD. :yay:




j/k:lmao:
 

itsbob

I bowl overhand
I double my money the day I invest it.. that's a 100% return on my investment. THEN I get to add the interest made on my money after that.
 

Chain729

CageKicker Extraordinaire
Lugnut said:
What kind of investment strategies do you all have?

Vareity of things. I usually like to buy bigger companies, that for one reason or another are either under-priced, or looking grow quickly in the near future, or looking to grow moderately, but have nice dividends.

I also pick up ETF's based on Index's to add some stability.

Of course, that being said, I didn't expect my steel stock to take a hit, and I wish I sold out before the credit market went nuts- which I would've done, had I stuck to my original plan. With the latter, I expect a full rebound, but at the cost of time.
 

Lugnut

I'm Rick James #####!
Larry Gude said:
...Lugnut to the promised land.

So, boss, what are we buying?

You don't want to do that! Past performance is not an indicator, etc. etc. :lol:

I'm learning about investing right now. I've been reading alot about Buffet, some of his protege's, and a bit of the "Motley Fool" stuff. I've been slow putting my money where my book mark is so to speak. But I'm gradually putting more of my savings (aside from 401K that is) into the stock market.
 

Lugnut

I'm Rick James #####!
JEB said:
No mention of Roths?
Put's a bump up on your return, IF you can wait for your money.


Thought about it but, I don't want to wait to retire. I wan the option of retiring when *I* want. If I have the money available at age 60, 55, 50, or earlier I want to be able to say #### it! And take off for Tahiti. :yay:
 

JEB

Member
Lugnut said:
Thought about it but, I don't want to wait to retire. I wan the option of retiring when *I* want. If I have the money available at age 60, 55, 50, or earlier I want to be able to say #### it! And take off for Tahiti. :yay:
Not for ALL of your investments! Moderation in all things.
And, you do not cash in all your investments the day you retire.
The idea is steady income for x years.
Check Roths out. The tax advantages make it worth it to me.
 

Lugnut

I'm Rick James #####!
JEB said:
Not for ALL of your investments! Moderation in all things.
And, you do not cash in all your investments the day you retire.
The idea is steady income for x years.
Check Roths out. The tax advantages make it worth it to me.


I'll look into it thanks. :yay:

In the mean time can you give a brief description?
 

JEB

Member
Roth Conversion IRA = No taxes on Capital Gains
But there is a yearly limit on contributions. It's @ $5k now, and rising.
Your broker's web site should have a section on it.
Mine is www.troweprice.com
 

itsbob

I bowl overhand
JEB said:
http://www.troweprice.com/common/index3/0,3011,lnp%3D10232%26cg%3D920%26pgid%3D7769,00.html
Sorry it looks so terrible.
Also, does anyone know how to view more than 10 posts per page?
Roth taxes your income, where a conventional IRA doesn't..

Roth you get taxed now, conventional you build your nest egg tax free, and pay when you withdraw. Conventional you deduct your deposits from taxable income AND grows tax fee... ROth you do not deduct deposits from taxable income but it does 'grow' tax free, and not taxed upon withdrawal.

Advantages to both, you just have to decide which one offers better advantages for you!

TSP is set up similar to a conventional IRA.
 

Pete

Repete
itsbob said:
Roth taxes your income, where a conventional IRA doesn't..

Roth you get taxed now, conventional you build your nest egg tax free, and pay when you withdraw. Conventional you deduct your deposits from taxable income AND grows tax fee... ROth you do not deduct deposits from taxable income but it does 'grow' tax free, and not taxed upon withdrawal.

Advantages to both, you just have to decide which one offers better advantages for you!

TSP is set up similar to a conventional IRA.
Wouldn't it make more sense to pay taxes in your golden years when you are in a lower bracket, than now when you are in the higher bracket in your earning prime?
 

itsbob

I bowl overhand
Pete said:
Wouldn't it make more sense to pay taxes in your golden years when you are in a lower bracket, than now when you are in the higher bracket in your earning prime?
I've always chose Conventional.. but that's just my preference.

But you figure every $1000 I invest in an IRA would be $800 or $750 in a Roth..
 
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