Investing 102

[Bucketlist2012]

Originally Posted by GregWeld

Yes -- I'd forgotten about the recap.

My comments are all meant in jest of course.

When I write -- such as the comparison of keeping the condo vs buying more of them and renting them out -- is to try to show the THOUGHT PROCESS over arguing about what is the "best way" or the "right or wrong" way. There are so many ways to think about money -- so many what ifs -- that what I'm trying to put a slant on is just to actually put some figures down and start to make these what if scenarios. EACH INDIVIDUAL needs to adjust to meet their needs. There are alternatives if you have the options and people need to examine them.

Thanks about the recap..

And I always take your comments with good intentions.

Yes, I have talked to a few people that are interested, but they just get lost.

You have a few at the front of the Class at the 102 level, me God knows somewhere in the middle, and MANY that may need occasional recaps.

But I do understand the basis of your thread, that the viewer do his or her homework. Totally agreed. I have spent much time on research, and i have just scratched the surface.

But since my Body is not what it used to be, my mind must make up for it, so i am passionate about money, investing, and Life, and the troops may need motivation.

No matter how easy you spoon feed us, we each must determine our specific needs,kids, age,risk, health,.. So many variables , that there is plenty of homework to be done.

[WSSix]

Well nothing is going to happen today for me. I can't figure out how to move things around from the website. Oh well, I'll call this week sometime and speak with a human. Why do they have to make it so difficult? Is this some sort fo ploy to make sure they make as much money off you as possible without you being able to control everything easily, lol?

Oh and I don't have a Star Fund I have their VTIVX fund. Still not great though. It gets good ratings from Morning Star et al though.

[Bucketlist2012]

Originally Posted by WSSix

Well nothing is going to happen today for me. I can't figure out how to move things around from the website. Oh well, I'll call this week sometime and speak with a human. Why do they have to make it so difficult? Is this some sort fo ploy to make sure they make as much money off you as possible without you being able to control everything easily, lol?

Oh and I don't have a Star Fund I have their VTIVX fund. Still not great though. It gets good ratings from Morning Star et al though.

While you are here, thank you for starting this thread.

Although Greg is giving us the majority of knowledge, YOU started this thread.

Whatever , everyone can do to help steer you right, will be done..

Best thread ever.. I tried on other sites to motivate people...

I was bothering their car time...Ok then...You guys are into it...

[WSSix]

I truly believe that everyone can have a better life if they simply pay attention and make small steps that actually make their life better. I also do not believe in trying to exploit those people in society that have more or are "rich". Instead I believe we all can learn from them in most cases. Knowledge is NOT regulated to text books or a classroom. So, me wanting to expand my knowledge, make my life better, and continue to live what I believe simply thought I'd ask people within this group, that I am apart of, what they knew hoping someone could help. I never thought it would turn into what it has. I'm glad others are getting as much or more from this than I am. So you're welcome, but Greg and everyone else that has contributed have my sincere gratitude.

Now, it's only in the 40s but the sun is up so I'm going to partake in one of my pleasures that also makes my life better and go ride my Duc. See ya!

[Sieg]

Greg Weld - Thank you again for the time, energy and passion you have put forward in the this thread. Best example of a charitable contribution I've seen in a long time, you deserve a tax deduction for it.

[Bucketlist2012]

Originally Posted by Sieg

Greg Weld - Thank you again for the time, energy and passion you have put forward in the this thread. Best example of a charitable contribution I've seen in a long time, you deserve a tax deduction for it.

LMAO

GREG...I asked for a recap...Nice Job...

[WSSix]

I think the recap may need to be posted on page one, lol. Heck of a summation that's for sure.

[GregWeld]

Originally Posted by WSSix

Oh and I don't have a Star Fund I have their VTIVX fund. Still not great though. It gets good ratings from Morning Star et al though.

Either way == HORRIBLE returns overall....


10 year @ 37%

5 year @ MINUS 5%

The 3 year only looks good because of the trough it went in! OMG!

It is another Vanguard fund that invests in other Vanguard funds... sorry. That strategy is just dumber than dumb. What they have done is get you to allow them to create a buyer for their other funds. So it's really just a cash slush fund for them to buy shares in their other funds if they want to sell some... they have a ready made buyer. OMG..... RUN!!!!

[pw2006]

Great recap! Going to hit the print button and start watching the Super Bowl. Thanks Greg!

[bdahlg68]

Originally Posted by WSSix

Well nothing is going to happen today for me. I can't figure out how to move things around from the website. Oh well, I'll call this week sometime and speak with a human. Why do they have to make it so difficult? Is this some sort fo ploy to make sure they make as much money off you as possible without you being able to control everything easily, lol?

Oh and I don't have a Star Fund I have their VTIVX fund. Still not great though. It gets good ratings from Morning Star et al though.

Call up Fidelity to get Brokerage Link setup and set that up as the Investment Election for your Fidelity 401k. Within the Brokerage Link account, you should be able to buy and sell all the common stocks being discussed in this thread. Also make sure you elect to reinvest those divi's!