OT: Investing - Stocks/Mutual Funds/Bonds/Crypto

[SupremeHustle]

I just realized that if XRP hits the number I'm hoping for that I have no idea how to cash out on Binance.

[hakjak]

I just watched a ‘pump and dump’ on Discord earlier today on the Binance exchange. OAX was their target. Think they got it up around 100%. Some claimed to have made out really well and others were a little pissed that they lost a lot of $. smh

[Iheartfootball]

speaking of the tax plan, has anyone received a raise or bonus from the tax cut?

i work somewhere that will benefit greatly from the tax plan. my guess is they won't give us anything though.

Very few companies take tax savings and pass it to employees. Stockholders, yes. Employees, no.

It's CNN, so it's biased, but their are facts in here:

"Markets just love it," Michael Block, chief market strategist at Rhino Trading Partners, wrote in a note on Tuesday.

He said it's "malarkey" to think that cutting corporate taxes will boost spending and wages.

"As we've seen in history, this doesn't raise wages," he wrote. "What it does lead to is richer shareholders."

http://money.cnn.com/2017/12/19/investing/tax-plan-jobs-trump-ceo-yale-survey/index.html

[brewbucks]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

[engelmartin]

So who's going to create RealGMBucksCoin (RGMC)?

[MickeyDavis]

speaking of the tax plan, has anyone received a raise or bonus from the tax cut?

i work somewhere that will benefit greatly from the tax plan. my guess is they won't give us anything though.

Very few companies take tax savings and pass it to employees. Stockholders, yes. Employees, no.

It's CNN, so it's biased, but their are facts in here:

"Markets just love it," Michael Block, chief market strategist at Rhino Trading Partners, wrote in a note on Tuesday.

He said it's "malarkey" to think that cutting corporate taxes will boost spending and wages.

"As we've seen in history, this doesn't raise wages," he wrote. "What it does lead to is richer shareholders."

http://money.cnn.com/2017/12/19/investing/tax-plan-jobs-trump-ceo-yale-survey/index.html

Stock buy backs (which is what Apple will do), increased dividends. Very little will trickle down.

[MickeyDavis]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

Are you talking retirement savings or regular savings? If you're young you have a huge advantage. Time is on your side. A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

[SupremeHustle]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

If you've been blessed with savings nice enough to fund an indie film, holler at me.

[brewbucks]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

Are you talking retirement savings or regular savings? If you're young you have a huge advantage. Time is on your side. A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

Regular savings. I’ve been sitting on it going two years now. I haven’t touched any of it besides paying off student loans.

[MickeyDavis]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

Are you talking retirement savings or regular savings? If you're young you have a huge advantage. Time is on your side. A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

Regular savings. I’ve been sitting on it going two years now. I haven’t touched any of it besides paying off student loans.

I'd keep 6-12 months living expenses in savings and put the rest in a SP 500 index fund to start. If you're adding funds you'll be buying more on any dips.

[Zeezprah]

Yea, I'm really not looking to talk politics. I'm very aware of the tax plan and what economists/analysts are saying, but I was curious if anyone on here has received anything yet. I know a few people who are getting one time bonuses, and one who is getting a permanent pay raise, so I was curious if anyone on here has seen it.

[brewbucks]

Are you talking retirement savings or regular savings? If you're young you have a huge advantage. Time is on your side. A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

Regular savings. I’ve been sitting on it going two years now. I haven’t touched any of it besides paying off student loans.

I'd keep 6-12 months living expenses in savings and put the rest in a SP 500 index fund to start. If you're adding funds you'll be buying more on any dips.

I appreciate the information! Thanks!

[M-C-G]

I’ll only speak for myself but I’ve been wanting a thread like this for a long time, and yeah it is crypto currency now and sure to be something else in 6 months or a year, etc.


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[MissKhriddleton]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

So how do you put money into these kinds of things? Can I make an account online somewhere and set them up or do I have to actually talk to someone?

[M-C-G]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

So how do you put money into these kinds of things? Can I make an account online somewhere and set them up or do I have to actually talk to someone?

You can go meet with Edward Jones and this is basically what they do. Otherwise a Charles Schwab account let’s me buy my non-funds stocks. This crypto currency is a whole other thing.


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[Eeavers57]

2018 I’m definitely going to invest into something. I’m pretty young and have been blessed with a nice savings, I have to do something. Even if it’s trial and error it helps to know.

A diversified portfolio is the way to go. Mix of large, mid and small cap, bonds (not much if you're young), some international. Maybe a Reit. Some say the percentage you have in bonds should equal your age. Personally I think that's too high.

So how do you put money into these kinds of things? Can I make an account online somewhere and set them up or do I have to actually talk to someone?

Don't go to an actual person at a place like Edward Jones or Schwaab, they are only going to charge you a high fee upfront and their funds likely have high expense ratios. You can go online and open an investment and/or retirement account with ease. I recommend Fidelity or Vanguard because their expense ratios are so low.

[MickeyDavis]

For mutual funds Vanguard offers very low expense ratios. For individual stocks Robinhood is no commission.

[midranger]

Vanguard all the way. Fidelity is the custodian of my 401k and I don't love it, or the funds in it, but it's another really good one.

I have a taxable (brokerage) account through vanguard and have an allocation like this...

60% total stock maket
20% total international market
10% total REIT
10% total bond

I don't remember the ticker symbols

I'm definitely more risk averse than this allocation would have you assume, but my 401k is about 20% bond and I have access to cash balance which is linked to the rate of 10 year T bills which makes up a non-negligible portion of the total portofolio.

The 4 index funds I listed above are a good start for anyone on vanguard. You can play with the allocation as you will, but if younger have more stocks and older have.more bonds.

[midranger]

You can definitely manage your own finances. If you're paying more than 0.8% to have someone do it for you, you're being severely ripped off. Many vanguard funds are 0.04% to 0.2%. Northwestern mutual will set you up with front load funds and THEN charge you 2% assets under management (AUM) annually to manage it. They'll churn funds routinely to keep the loads coming. This is after selling you cash value life insurance that the keep the full first year of premiums in commission.

I know NWM is a milwaukee company and everyone has an uncle/friend/roommate who works for them, but run (not walk) away from them.

[midranger]

I just watched a ‘pump and dump’ on Discord earlier today on the Binance exchange. OAX was their target. Think they got it up around 100%. Some claimed to have made out really well and others were a little pissed that they lost a lot of $. smh

This is the issue with these cryptos. You may time it right. But many will not and lose.

These pump and dump scenarios are the only thing keeping these currencies at the level they are now, and fully explain the volatility. Whales are playing indivual investors as fools and there is no regulation to stop it.