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  #6061  
Old 07-22-2018, 10:42 AM
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Ns RS Ns RS is offline
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A wealthy man once said own your tomorrow, this thread shows you how.
thx for showing the way friend
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  #6062  
Old 07-23-2018, 07:45 AM
RKROEGER RKROEGER is offline
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Yes, thank you
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  #6063  
Old 07-25-2018, 08:02 AM
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Many times I've raised the issue of "rising FED rates"....


Here's PERHAPS a sign of caution.... and the "cause and affect" of such seemingly simple "things".


Southern California home sales crash, a warning sign to the nation


Sales down almost 12%...... that's a large number if you're a businessman.
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  #6064  
Old 07-29-2018, 08:23 PM
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to Greg and the other gurus:

What do you all think about low cost Index funds, like VTI and VTSMX?
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  #6065  
Old 07-29-2018, 11:26 PM
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Quote:
Originally Posted by GregWeld View Post
Many times I've raised the issue of "rising FED rates"....


Here's PERHAPS a sign of caution.... and the "cause and affect" of such seemingly simple "things".


Southern California home sales crash, a warning sign to the nation


Sales down almost 12%...... that's a large number if you're a businessman.
I was on a Mastermind call last week with top agents with two being in CA. They said the market has cooled off and stayed pretty flat for 5-6 months. The news is looking to trigger emotions. Twelve percent is hardly a crash. This country has been in a robust real estate market for some time now and it has to cool at some point. I do think it's something to pay attention to though! I've now heard the same thing from multiple people. What kills markets? Pessimism, and it spreads like wild fire.
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  #6066  
Old 07-29-2018, 11:33 PM
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Quote:
Originally Posted by captainofiron View Post
to Greg and the other gurus:

What do you all think about low cost Index funds, like VTI and VTSMX?
Instead of opening a worthless bank account for my son, I put some of his birthday money into VOO in early 2017. It's up 20.2%.
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  #6067  
Old 07-30-2018, 07:52 AM
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Instead of opening a worthless bank account for my son, I put some of his birthday money into VOO in early 2017. It's up 20.2%.
So I'll put you in the "YESSS!" column haha
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  #6068  
Old 07-30-2018, 05:17 PM
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It all "depends" ---- and I know that's a big non answer.

Depends on goals - age - what other investments you have.... and it really gets down to -- What you're comfortable with. If you're an investor that buys and forgets.... then index funds work to cover that.

But make sure you actually know what you're buying ---- and remember -- a rising tide floats all boats -- so your index fund will look like a hero in an up market -- but don't expect it to magically save your ass when the market drops -- so will your fund.

I prefer (personally) knowing what I own -- and this is even more important when the market sucks....
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  #6069  
Old 07-30-2018, 09:11 PM
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I agree with the above, it depends on your goals. I’ve been buying ETFs online, commission free, which is an important distinction if you’re buying small amounts at a time. Like Todd said, instead of putting a couple hundred per week/month/whatever into a savings account, I can buy ETFs a couple shares at a time in my brokerage and there’s no commission to eat into the principal.
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  #6070  
Old 07-31-2018, 07:34 PM
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Quote:
Originally Posted by WSSix View Post
Cool deal. We're the same age Albert. So, yes, what Greg said. I'd get a little more aggressive with part of the portfolio. You can do this by picking the names yourself or put it in a managed account that's more aggressive. Who do you have your Roth with? If one of the big four brokerage houses, they offer more aggressive managed accounts.

The way I diversify is that I only manage a portion of my retirement accounts. I have multiple accounts due to starting my own and having company sponsored accounts. Some I've rolled over but others I just left alone. I let smarter people than me manage those accounts. I choose my stocks in a portion of my Roth and my brokerage account only. My 401ks are professionally managed. I try not to copy the same stocks they use though I know I have some overlap. Don't sweat it too much. You have a good list going. I'm just offering suggestions.

As for savings, I believe the suggestion is to have 6-12 months of income in a readily accessible account. I have mine in an online savings account. It pays better than anything local but it's just a place to park the money should I need it.

sorry, hadnt checked on the thread in a bit, so my reply isnt very timely. At this point, all of my retirement is self managed. 2\3 of it or so is cash that i just rolled out of my previous employers sponsored 401k into my own IRA. its held by sharebuilder/capital one investing, but soon to be all transferred to etrade. which im not too happy about as they appear to be cutting the DRIP option. i havent decided yet or done the research for what to invest the ira in.

I'm curious as to what yall think is a decent % of cash to set aside in the Ira/roth for the future purchases if the market goes down, or to invest it all. i do already have a good 9-12 month liquid emergency fun separate from this as well.


what would you all consider "higher risk"?

sorry for poor grammar. typing from a tablet while at my daughters' gymnastics practice. lol
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