Pop up before long ? FBGRX has a 36% ytd return . It has all the FAANG stocks
*Investors Blog*
- Thread starter Warstud
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I forget if I bought in 2020 or 2021, but Fidelity says I’ve lost $80 over that time. I did lump sum buys, not monthly, apparently at its peaks I guess.
Yes ... I bet you bought at the 2020 peak and yes I would sell it ........ just not right now...... maybe this month otherwise you'll be holding it at a loss for another couple years .
Good reminder to DCA going forward if you can do it. My $.02, don't be fooled that you bought two or three years ago at a peak and are pretty much break even now that you are going to be selling right before a big drop versus missing the next peak, particularly if your time horizon is long. YMMV.
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I don’t think I was able to set up monthly automatic payments then, but I do see that now. Still, at the moment I’ve been waiting for my bonus to come in, then I slice off my Roth. I try to pencil it into my budget, but at the start of the calendar year I have no idea what my bonus will be, and usually money looks tighter than I would care for. Come December I’ll start next year’s budget and see if I can start a monthly deposit.
Not in a big rush to change holdings, I just missed the expense ratio when I was trying to figure out what to buy into. Most aggressive as I have more than ten years to have invested (more like 20 until retirement).
Check into index ETFs. Charles Schwab has some with very low expense ratios.
https://etfdb.com/etfs/issuers/char...ssets_under_management&sort_order=desc&page=1
Spot on. People claim to do OK self directed; perhaps so. At least in the short run.
There are professionals in business. You could do your own brain surgery, but a brain surgeon has a lot more training than you.
Well, not a perfect analgy, but @PimTac is offering good advice. Talk to a pro, if for nothing else but to understand there are so many financial products out there.
Good luck.
Jeff's idea isn't bad, but there are a lot of salesmen out there that masquerade as pros. Make sure if you see one it's one that has a fiduciary duty to you. Hint, if he tries to sell you on load mutual funds, life insurance, or an annuity he isn't one you can trust.
Or you can just buy a very low fee S&P 500 index ETF and call it a day. That's what Bogle and Buffett advise.
Or you can just buy a very low fee S&P 500 index ETF and call it a day. That's what Bogle and Buffett advise.
I have looked into some of these ETF's - and I like the concept. The issue however is that there all weighted which makes it more or less end up almost like the S&P - so you might buy the broad market ETF - 1500 stocks, but its still 7% Appl, 6% msft, 5% Meta - etc.
I wish there was an unweighted ETF. There are a couple industries I have traded in and out of for decades, and when I do, I buy my 5 or 6 favorite stocks in equal portions, irrelevant of market cap, so if one has a bad day it doesn't ruin me.
The indexes are very concentrated right now and a lot of the diversification one should expect is really not there. Look for what is called an Equal Weight Index ETF or fund.
Mistake - deleted.
Yes, very true and critical to know. I even dumped Fidelity and they were not happy about it. I deal with Charles Schwab.
Equal weight index are dogs. But investors like to get the max return with their investments and really have to do what’s best for them.
Artificial Intelligence craze driving my brokerage account, 401K and IRA to new highs.
Now every company wants to mumble A.I. in their earnings conference calls.
Bathroom tissue manufacturer will now be using A.I. to deliver better products to their customers, increase sales and profits for their shareholders.
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My nephew is working at an Ameriprise franchise office and working on getting his securities license(s).
I told him not to screw any clients cause they might go after you (in court or with gun) if their nest egg loses big money.
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Equal weight index are dogs. But investors like to get the max return with their investments and really have to do what’s best for them.
Artificial Intelligence craze driving my brokerage account, 401K and IRA to new highs.
Now every company wants to mumble A.I. in their earnings conference calls.
Bathroom tissue manufacturer will now be using A.I. to deliver better products to their customers, increase sales and profits for their shareholders.
The ideal situation may be multiple ETFs. Investors do love to focus on returns without realizing how those returns are being calculated.
In a scenario with a SP500 index, should Apple suddenly tumble, investors will realize that the diversification is lopsided.
As for the AI angle, I have that as well. It’s ingrained into the system much like the black box computer systems. I don’t know how anyone can avoid it anymore.
“ There’s only a few companies driving the market higher and Artificial Intelligence craze is the latest buzz word for Wall Street. I’m taking profits and see another Dot Com bubble forming.
Nvidia stock is similar to Cisco back in 2000. “
^^^^
From a PM recently sent to a BITOG member about my game plan.
Nvidia stock is similar to Cisco back in 2000. “
^^^^
From a PM recently sent to a BITOG member about my game plan.
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Turd in the spiked punch bowl. Fruity flavors!
https://wolfstreet.com/2023/07/02/u...q3-to-refill-the-tga-pay-for-raging-deficits/
Out the wazoo!!
https://wolfstreet.com/2023/07/02/u...q3-to-refill-the-tga-pay-for-raging-deficits/
Out the wazoo!!
That whole AI thing........."who" made that up? AI??
Ok, so, as posted a while back weeks? (maybe a month or two max) Bought a significant amount of GM @ $33.015
Im a FIRM believer in GM moving forward ... but ... will it be different this time? 4+ decades of the stock going nowhere.
Anyway, Feeling greedy but my mind is saying take the 20% profit... the other half of my split personality is saying hold.
I think I m going to hold, knowing worst that I can see happen is go back to what I paid for it... I dont see the day in the coming year that it will go lower.
Im going to hold and hate to admit it, a SMALL part of that I am being influenced by the media stories Tesla vs GM moving forward as far as the better buy right now going to GM which I know at the stupid low ratio.
Im a FIRM believer in GM moving forward ... but ... will it be different this time? 4+ decades of the stock going nowhere.
Anyway, Feeling greedy but my mind is saying take the 20% profit... the other half of my split personality is saying hold.
I think I m going to hold, knowing worst that I can see happen is go back to what I paid for it... I dont see the day in the coming year that it will go lower.
Im going to hold and hate to admit it, a SMALL part of that I am being influenced by the media stories Tesla vs GM moving forward as far as the better buy right now going to GM which I know at the stupid low ratio.
