Investing 102

[96z28ss]

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

[GregWeld]

Originally Posted by 96z28ss

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

BUTTHEAD!

[toy71camaro]

Speaking of oil companies...

they are all taking a hit today... that puts CVX down 7.5% for me...

Debating whether or not to take the few hundred i have saved up waiting to reach 1k for my next purchase, or use that to buy some CVX on sale.

I'm in CVX for 1k (@ $110.10/share).. and have $416 ($7 commission for trade) waiting to be used (was saving it for my next 1k purchase). Not sure if its worth it or not.



On a side note.... 4/10/2012 DIVIDEND DIVIDEND:MO = $13.57

[96z28ss]

sheesh maybe I whould of waited a week

[toy71camaro]

Originally Posted by 96z28ss

sheesh maybe I whould of waited a week

Nah... its all your fault. if you wouldnt of joined in, the markets would be up a few points today.

j/k... there's that little guy yellin 'He's in! take the market down and see if he can stand it!"

[GregWeld]

I would wait to buy == and don't get all nervous about less than 10%...


Summer is usually the time to buy... the old "sell in May and go away" usually plays out - and when they're sellin' you want to be buying'

[toy71camaro]

ok... that's a safe bet then...

I wasn't worried about being "down" 10%.. i was worried about do i go buy them when their on sale now.. or wait and see if they go on better sale later. lol

I think I'll hold off on any "on sale" purchases (unless it goes waaay down), and continue saving my 1k per buy (about every 2.5 months) and continue diversifying.

Although.. with such low trans fee's for Sharebuilder ($2/buy), i can stagger my buy every 2 weeks, and limp in to do a little better dollar cost averaging.. i dunno. we'll see. (normal buy is $7).

[96z28ss]

Originally Posted by 96z28ss

Well I entered the market. I took some money I had in a 401k and rolled it over to a self directed IRA. Just incase you were wondering thats why the market is down today! LOL

04-09-2012, 09:36 AM
I entered the Market and posted here on that date and time. On page 129.
Taking what Greg has preached on this thread. INVESTING and not gambling.
I have made a gain of 15.5% in one year.
I'd like to thank Greg and Everyone that has filled this thread with great valuable information.
By the time I'm 70 years I can retire and travel around with Greg in our Hot Rods, I'll be pushing him around in his wheel chair when that happens though.

[dhutton]

Originally Posted by 96z28ss

04-09-2012, 09:36 AM
I entered the Market and posted here on that date and time. On page 129.
Taking what Greg has preached on this thread. INVESTING and not gambling.
I have made a gain of 15.5% in one year.
I'd like to thank Greg and Everyone that has filled this thread with great valuable information.
By the time I'm 70 years I can retire and travel around with Greg in our Hot Rods, I'll be pushing him around in his wheel chair when that happens though.

Although I am older than the guys targeted in this thread I have also learned some valuable lessons here that will not only enable my wife and I to retire with a larger nest egg but also make that nest egg go a lot further when we do retire. Sincere thanks to Greg and the other contributors. You got me off my complacent butt and really thinking about investing and generating a decent return. Of course the market over the past year and a half has made this easy but I am determined to stay the course.

Thanks again,
Don

[Bucketlist2012]

Did I just read that Bitcoin went from 266 to 150 in one day ???

I don't follow or own it, but man that is a crash for sure..