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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Personal finance and investing megathread extravaganza

I know lewdog (and maybe others) have mentioned the desire to have a place to chat about personal finance stuff. We'll see if there's enough interest to keep this going in the long-term, but at least for now, here's a place to chat about whatever personal finance topics come up.



If you're just getting started thinking about saving and don't know where to begin, this flow chart can help. Ask for advice in the thread for more help!

Last edited by DaFace; 01-24-2018 at 03:49 PM..
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Old 10-11-2018, 05:26 AM   #2371
Hammock Parties Hammock Parties is online now
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JFC.

Took a beating.

Anyway, you have to look long term. I'm still in the black compared to this time last year. By a substantial amount.

I still wish I hadn't bought a ****ing dumbass chinese stock though.

Last edited by Hammock Parties; 10-11-2018 at 05:38 AM..
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Old 10-11-2018, 04:31 PM   #2372
Rain Man Rain Man is online now
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We may be seeing buying opportunities now that we've given back most of 2018's returns.
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Old 10-24-2018, 07:24 PM   #2373
lewdog lewdog is offline
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Who’s selling? Who’s buying? Who’s holding?


I’m just holding for now. Not gonna sell anything for a loss but also don’t have a ton of cash waiting on the sidelines for buying.
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Old 10-24-2018, 07:26 PM   #2374
eDave eDave is offline
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HODL!

But considering moving my entire 401 to a less risky mix.
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Old 10-24-2018, 07:29 PM   #2375
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Quote:
Originally Posted by lewdog View Post
Whos selling? Whos buying? Whos holding?


Im just holding for now. Not gonna sell anything for a loss but also dont have a ton of cash waiting on the sidelines for buying.
I've been sitting on a bit of cash, so I'm swimming against the tide with some buying. Not a lot, but I'm buying a little every few days as it keeps going down.

This stings. But I guess it's the price for getting great returns for the last few years.
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Old 10-24-2018, 07:39 PM   #2376
petegz28 petegz28 is offline
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Quote:
Originally Posted by lewdog View Post
Whos selling? Whos buying? Whos holding?


Im just holding for now. Not gonna sell anything for a loss but also dont have a ton of cash waiting on the sidelines for buying.
I bought a little today at the close
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All kinds of people vote. Not enough of those people think highly enough of Trump to make him President but all kinds of people vote.
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So, if they were polling better than Trump and the primary goal was to prevent Hillary from becoming POTUS, perhaps it would have been a better strategic decision to nominate someone who actually had a chance of beating her and preventing that than nominating Donald Trump.
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Old 10-24-2018, 07:47 PM   #2377
lewdog lewdog is offline
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Originally Posted by petegz28 View Post
I bought a little today at the close
Individual stocks or funds?

I wish I still had my TZA inverse fund.
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Old 10-24-2018, 07:52 PM   #2378
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by lewdog View Post
Whos selling? Whos buying? Whos holding?


Im just holding for now. Not gonna sell anything for a loss but also dont have a ton of cash waiting on the sidelines for buying.
Now is NOT the time to sell.
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Old 10-24-2018, 07:57 PM   #2379
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It's a great time to invest stocks are on sale!
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Old 10-24-2018, 08:01 PM   #2380
lewdog lewdog is offline
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Quote:
Originally Posted by Maine View Post
It's a great time to invest stocks are on sale!
Many think this is going much lower.

Don't want to catch a falling knife either, but adding to a long position during a drop is never a bad thing for funds or blue chip stocks, IMO.
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Old 10-24-2018, 08:04 PM   #2381
Maine Maine is offline
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Many think this is going much lower.

Don't want to catch a falling knife either, but adding to a long position during a drop is never a bad thing for funds or blue chip stocks, IMO.
Dunno. I don't try to strategize. I just buy and buy and buy and hold. That's it. I don't worry about the lows. I just throw it in Betterment and wait. Thinking of changing to Vanguard..
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Old 10-27-2018, 09:14 AM   #2382
Maine Maine is offline
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I just looked at my portfolio. OUCH.
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Old 10-27-2018, 09:25 AM   #2383
KCUnited KCUnited is online now
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I just looked at my portfolio. OUCH.
Do you own any Gucci, Maine?
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Old 10-27-2018, 09:31 AM   #2384
Maine Maine is offline
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Do you own any Gucci, Maine?
No. I just do Robot Investing through Betterment. I'd like to dabble in individual stocks at some point though.
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Old 10-27-2018, 10:29 AM   #2385
Hog's Gone Fishin Hog's Gone Fishin is offline
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Was talking with Edward Jones on Friday. They just laughed at any worries. You sell you lose. Hang on and add more and all will be fine.
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