Do you have any idea why that 15 page thread went dead five weeks ago on 6/11/20?
Stock Advice Thread
- Thread starter dgtatu01
- Start date
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Article on Malaysian glove stock I recommended some time ago and thankfully still hold, up a bunch more after this article today...https://finance.yahoo.com/news/1000-rally-glove-maker-stock-003018623.html
TGLVY up $13,350 today on my 1,500 shares, about dropped my coffee. Almost sold last week after US was going to drop the company for their practice of making immigrants pay fees to get hired.
Just purchased LEVI at $11.95/sh. Feeling good about future prospects.
I have lost about 45lbs this year from riding and could use some new jeans...
Indeed, had trouble accessing my broker with all the market volatility. I was going to sell half my glove company’s 1,500 shares, it started at $22, high $29.95, had dropped to $25.5, so I decided no need to sell at that point since I’m still holding some good cards until we get a vaccine. Shaky morning for this longtime, normally calm investor, could have made the wrong move, but I’ll move forward, want some TMUS next to go with my QCOM for a bit of 5G exposure.
But still up huge!
I'm about ready to buy more VZ on a pullback. Trades almost like a bond so not as much growth but that dividend is great!
1-year projected target price at $16.89. Analyst recs. Brand portfolio. Year-over-year revenue growth.
Austin and James Lee shrewd value investors, more times right than wrong, wish I had their patience.
I've made all or most of the mistakes you can make. Patience perhaps but the rest are questionable. Thanks though.
Slowly forcing myself to sell a few shares of high fliers like NVDA and TSLA, bought BAC and JPM today, want ABBV and ABT.
BAC price/book @ .87
JPM @ 1.29
Tough to go wrong there. I've been eyeing more BAC and sold some JPM a few months ago. Probably time to get back in but my boring alarm is hard to squelch.
You sound like me, very much believe it’s time to go boring, certainly well before the traditional worst month of September.
Smart which is why I haven't sold any NVDA yet. lol
But I was dumb enough to sell half of IAC and DXCM once they doubled. I should have bought more JPM under $90.
I've had MTCH for a bit. Been good to me. Looking to get more tomorrow for the following reasons:I sold all my IAC, now it’s MTCH?
38% shares are short (squeeze please)
The company sells to the covid resistant(young people)
Their workforce can work at home
Just spun out from IAC and is recovering from that blip
Right at 50day MA.
I need to get involved with investing. I've got too much cash sitting around in savings accounts making a little over 1%.
Just don't know if I should try to do myself or use a broker like Edward Jones where my wife has SIMPLE IRA that has earned around 7% over the last 5 yrs even with the downturn this year. It's maxed out every year, so nothing can be done there.
Just don't know if I should try to do myself or use a broker like Edward Jones where my wife has SIMPLE IRA that has earned around 7% over the last 5 yrs even with the downturn this year. It's maxed out every year, so nothing can be done there.
Chuck, if you go the DIY route, then I'd suggest checking out Fidelity. It's a well-established firm with a great, interactive site. Fund family offers a host of different options for various risk levels. Their robo-advisor has also garnered good reviews.
Disclaimer: I have accounts with Fidelity, Vanguard, Invesco, Charles Schwab, Franklin-Templeton, Wells-Fargo Advisors and Alger. Preparing to consolidate soon.
Follow Austin, you might be best to wait until 2021 to do extensive investing for yourself, but certainly could dip your toe in the water to see if you can beat that 1% return with some conservative picks going into the election. My brother has used Jones for years, has done good, but gets frustrated with inflexibility at times.
I agree with Austin......he knows his stuff. I too have a Fidelity account......I chose it simply because my work 401k started there and I just continued using it to open up other accounts.
That being said, there is no harm in having a discussion with an adviser. In fact, many offer a free meeting or two for discussion of options.
Although I certainly would talk to someone and get some advice, I probably would do my own investing. If you have even mild computer skills, it's just so easy to invest on your own.......meaning, the actual process. No need to pay someone to do it for you. Now, the knowledge of what to buy or sell might be worth the fees.
Warren Buffett is among the best investors over the last 100 yrs. He has said multiple times that the average person would be fine with just putting their money in an S&P500 fund.
The median returns during any 30 yr period for the S&P500 since 1928 has been 7.1%. And the S&P has NEVER delivered negative returns during any 30 yr period.
So, it would be just as simple as opening an account with a company.....Fidelity, Charles Schwab, Vanguard, etc. Then buying into VOO or IVV......which takes about 10 seconds. One simple buy and you're invested in about 500 of the biggest companies that the US has to offer. And as long as you stay in long enough, there's a HUGE chance that you'll get >7% return each year.
1. Why do you have so many accounts?
2. What kind of fees should I expect to pay?
Wow! I've rolled over 2-401k's into Vanguard, one into TD Ameritrade and my wife's bank is switching their 401k's from Merrill Lynch to Fidelity where I already have 3 accounts. So much simpler now yet between the 2 of us, we'll have about 11 accounts with 3 brokers. Seems insane right?
2. If you go Index Mutual Funds, they offer the lowest fees and ETF's are usually even lower. You can also track ETF's better because they trade all day.
BlueRaider gave you 2 examples of ETF's, VOO and IVV. There are plenty more. I own SPY and several others. This is how many of us got our start. Me in my company's 401k in something called the Magellan Fund.
Yup.
It's also worth noting that many of us butter our bread with the simple investments. Me for example. Throughout these last 67 thread pages I have listed off a bunch of individual stocks..........but at the end of the day I keep the majority of my money in funds of various varieties. It's actually where I make the most money.
For instance, if I have $1000 that I'm looking to put into investments this month........I might put $700 into my funds.......and use the $300 to stocks.
I opened Alger, Franklin-Templeton, Wells-Fargo (formerly Strong Funds) and Invesco between 1989-1993. Reason is because back then, Fidelity and Vanguard requested high minimum initial investments ($2K-$3K). When I worked for Conexant Systems beginning in 2006, we were automatically enrolled in Fidelity for our 401K. NXP bought out Conexant and started a new 401K for us via Vanguard in 2009. I started the Charles Schwab account back in 2018 and literally save my spare change to this account.
Consolidation is on the horizon.
Fees are lowest with Vanguard, Fidelity and Charles Schwab.
I was late to the Conexant party. Bought CNXT in 2005 for $1.85. Sold 40% a month later for $2.52 but lost about $200 selling the rest in 2007.
Our CNXT options, rights and stock collapsed in 2008. NXP purchased CNXT for the relevant intellectual property. Our division (set top box) was sold to Trident. Luckily I hung on for another 18 months and was finally laid off in July, 2010. NXP and Trident at least notified us 6-12 months in advance layoff was coming.
