Investing 102

[ADY]

Originally Posted by 68454RS

Maybe a dumb question but, i'm completely ignorant to this stuff..
Would y'all recommend putting a hold on my company 401K paycheck contributions for the time being to have more cash available or just keep taking the deduction and making the contributions. I'm doing a 20% contribution at this time.
thx

No one knows how much more of a pull back will continue, but I'd recommend continuing to contribute to your 401k so you can nibble back in at the lower prices.

I partially missed out on the run up in 2019 b/c I moved majority to safer cash/bond funds, but started buying a couple muni bond funds this week that are yielding 5% dividend tax-free and down to historical lows.

[XLexusTech]

Executive / company buy backs..

[rustomatic]

Originally Posted by XLexusTech

Executive / company buy backs..

This is what the genius airlines have been doing for years (partly to inflate their stock prices, so as to make it seem like they didn't suck as businesses) . . . for years of profits like never before. Remember how airlines used to go broke all the time, and the gubment would step in? Great financial management always leads to being broke, right? Oh, no problem, the gubment has an extra $100 billion to put them back in chargeyoutodeathforeverything mode again (once the virus thing loses its grip and toilet paper is freely purchaseable again).

As for bonds, refer to The Big Short (book or movie). Look forward to a sequel, as the same great investment strategy never stopped, however it is now joined by packaging of super-high quality car loans on $80k pickemup trucks people could totally afford.

Beer is the only answer. Next week does not look good from this distance.

[XLexusTech]

Originally Posted by rustomatic

This is what the genius airlines have been doing for years (partly to inflate their stock prices, so as to make it seem like they didn't suck as businesses) . . . for years of profits like never before. Remember how airlines used to go broke all the time, and the gubment would step in? Great financial management always leads to being broke, right? Oh, no problem, the gubment has an extra $100 billion to put them back in chargeyoutodeathforeverything mode again (once the virus thing loses its grip and toilet paper is freely purchaseable again).

As for bonds, refer to The Big Short (book or movie). Look forward to a sequel, as the same great investment strategy never stopped, however it is now joined by packaging of super-high quality car loans on $80k pickemup trucks people could totally afford.

Beer is the only answer. Next week does not look good from this distance.

Futures are down tonight stmilus bill stuck with the Dems plsyomg politics .. tomorrow is going to be a big slide me thinks

[XLexusTech]

Originally Posted by XLexusTech

Futures are down tonight stmilus bill stuck with the Dems playing politics .. tomorrow is going to be a big slide me thinks

So I realise the whole point of 5his tread is not to try time the market ..... however bargains are prime for 5he picking... so I haven’t sold anything... I haven’t slowed down my automatic investments or my 401k ... but I am trickling in opertunistic buys

[captainofiron]

I would Max out your 401k to what your company matches right now

It's not about timing the market, it's about gauging buying opportunities

Strengthening your positions or getting good names cheap is what it's all about right now

I've been stashing a little bit of cash all last year and now I'm buying chunks here and there, generally as good companies go ex dividend or when they dip as they pay their dividend if I missed the window

Most of my positions are red right now, so holding fast

Don't panic sell guys, but double check your companies free cash/cash flow if they don't have the money to go a while without good revenue then it might be time to do a tax Harvest

[68454RS]

Originally Posted by captainofiron

I would Max out your 401k to what your company matches right now

Company only matches 100% up to 3%, then 50% up to 6%, i'm putting in 20%

[WSSix]

Originally Posted by 68454RS

Company only matches 100% up to 3%, then 50% up to 6%, i'm putting in 20%

Good job! Just make sure it's in a diversified portfolio within that 401k. If you're young and have many years left, also make sure you're not in too conservative of a fund.

[68454RS]

Originally Posted by WSSix

Good job! Just make sure it's in a diversified portfolio within that 401k. If you're young and have many years left, also make sure you're not in too conservative of a fund.

OLD.. 57.. most of it in a 2035

[cpd004]

As a beginner, I was thinking playing around with TD Ameritrade. Any of reason not to use them over one of the best there...E*Trade, Robin Hood, etc.? It appears they all require a linked bank account. Is this risky?