|
Post by MoBuckChaser on Jan 12, 2018 17:21:13 GMT -6
I was never concerned about market when I was investing monthly for retirement. I knew it would average and increase long term. I wasn't investing 50k though. I was just curious if you approached it differently with big chunks. With big chunks, I usually buy land. Done way better that way I feel.
|
|
|
Post by Catscratch on Jan 12, 2018 17:25:02 GMT -6
I was never concerned about market when I was investing monthly for retirement. I knew it would average and increase long term. I wasn't investing 50k though. I was just curious if you approached it differently with big chunks. With big chunks, I usually buy land. Done way better that way I feel. Kind of what I was getting at...
|
|
|
Post by MoBuckChaser on Jan 12, 2018 17:28:30 GMT -6
With big chunks, I usually buy land. Done way better that way I feel. Kind of what I was getting at... When we invest in the stock market we are at the mercy of some trillion dollar hedge fund pounding our stocks up our ass if they want. When I own land, I get to say who’s ass it gets pounded up.
|
|
|
Post by Foggy on Jan 12, 2018 21:11:19 GMT -6
Statistically speaking........we have NEVER had a bull market run this long without a correction. EVER. (once more: THIS is the longest bull market run. without a correction - ever). Do think. you want to beat those odds of a correction happening any time soon? Corrections occur when folks think there is little to worry about and you least expect it. Just saying. Dollar cost averaging works so-so over the long haul.....but studies have shown that most are better off just putting it into the market at one GOOD time and letting it ride. Index funds are likely not a good bet right now. Why? THE INDEXES ARE HIGH! Better to pick four or five good stocks that are resistant to a down turn.....IMO. Short term results are not guaranteed.......but long-term results are assured. . Good luck!
|
|
|
Post by sd51555 on Jan 12, 2018 21:35:14 GMT -6
I am selling my shop next week and will have 50k to invest. Given 50k today to invest who would do what? I was considering a chunk of amazon but I have never bought individual stocks. What say you? Everyone is different in terms risk tolerance, experience, personality, and desired level of involvement. Me? I'd put some in a TD Ameritrade account and be cash ready for when the market takes a big shit. I love stocks. I hate mutual funds. I like seeing how the sausage is made and getting my hands dirty. I am the smartest guy on the planet with the shitiest timing when it comes to investing. knowing that, I move slowly and in small bites. I don't know where bottoms or tops are going to be. I don't buy and sell. I build and manage positions. I buy companies I think are solid and even if fairly valued have a bright future ahead of them. Take my Tractor supply position for example. Every single trade I made for the first three and a half years was wrong as of 7/10/17. Quite the different story today. It's still not stellar given I've only averaged about 7% annually (with dividends) over those 3.5 years, but I think this dog has room to run. I just don't know how far, how long it'll take, and how rough the ride will be.
|
|
|
Post by MoBuckChaser on Jan 12, 2018 21:55:40 GMT -6
God bless you for trying SD, But your stock picking looks like nothing but pain to me. I would have a better chance putting my money on either black or red and spinning the wheel. At least you know if you suck at gambling within 20 seconds.......not 3 1/2 years.
|
|
|
Post by kl9 on Jan 12, 2018 22:26:07 GMT -6
Isn't now a bad time to buy stock? I would think a big purchase now could lead to a "buy high, sell low" scenario. I'm far from an expert in these matters so help me understand if I'm wrong. I'm assuming that since we are setting records now that it stands to reason that it will drop to a closer to average point on the graph sometime soon (within a decade). You are certainly correct in this and don't let anyone tell you different. No one can time a correction, but we can all look at average price multiples and realize where we are at. Coop made a great point a few weeks ago... many guys are selling stocks for land right now because they feel a correction in equities is coming. Flight to quality is what it is referred to as.
|
|
|
Post by Sandbur on Jan 13, 2018 1:19:55 GMT -6
Statistically speaking........we have NEVER had a bull market run this long without a correction. EVER. (once more: THIS is the longest bull market run. without a correction - ever). Do think. you want to beat those odds of a correction happening any time soon? Corrections occur when folks think there is little to worry about and you least expect it. Just saying. Dollar cost averaging works so-so over the long haul.....but studies have shown that most are better off just putting it into the market at one GOOD time and letting it ride. Index funds are likely not a good bet right now. Why? THE INDEXES ARE HIGH! Better to pick four or five good stocks that are resistant to a down turn.....IMO. Short term results are not guaranteed.......but long-term results are assured. . Good luck! I was told the same thing about dollar cost averaging. It probably just makes people feel better at initial purchase. I still don’t think there is anything wrong with holding some cash for an opportunity that might come along, either land or market collapse.
|
|
|
Post by chummer16 on Jan 13, 2018 5:39:54 GMT -6
I am selling my shop next week and will have 50k to invest. Given 50k today to invest who would do what? I was considering a chunk of amazon but I have never bought individual stocks. What say you? Everyone is different in terms risk tolerance, experience, personality, and desired level of involvement. Me? I'd put some in a TD Ameritrade account and be cash ready for when the market takes a big shit. I love stocks. I hate mutual funds. I like seeing how the sausage is made and getting my hands dirty. I am the smartest guy on the planet with the shitiest timing when it comes to investing. knowing that, I move slowly and in small bites. I don't know where bottoms or tops are going to be. I don't buy and sell. I build and manage positions. I buy companies I think are solid and even if fairly valued have a bright future ahead of them. Take my Tractor supply position for example. Every single trade I made for the first three and a half years was wrong as of 7/10/17. Quite the different story today. It's still not stellar given I've only averaged about 7% annually (with dividends) over those 3.5 years, but I think this dog has room to run. I just don't know how far, how long it'll take, and how rough the ride will be. This just cracked me up. Your comments remind me of my gambling days. How can the Pack not cover three? Up 21 at half, easy money. Two late scores and a 33-31 final and I feel ass raped.
|
|
|
Post by chummer16 on Jan 13, 2018 5:44:09 GMT -6
Statistically speaking........we have NEVER had a bull market run this long without a correction. EVER. (once more: THIS is the longest bull market run. without a correction - ever). Do think. you want to beat those odds of a correction happening any time soon? Corrections occur when folks think there is little to worry about and you least expect it. Just saying. Dollar cost averaging works so-so over the long haul.....but studies have shown that most are better off just putting it into the market at one GOOD time and letting it ride. Index funds are likely not a good bet right now. Why? THE INDEXES ARE HIGH! Better to pick four or five good stocks that are resistant to a down turn.....IMO. Short term results are not guaranteed.......but long-term results are assured. . Good luck! I was told the same thing about dollar cost averaging. It probably just makes people feel better at initial purchase. I still don’t think there is anything wrong with holding some cash for an opportunity that might come along, either land or market collapse. I like this idea. I am man in no hurry to invest it. Wife and I do 15% each in 401k plus Roth so I was looking to go more aggressive with this one. Maybe I will wait for Hilary to run again and buy gun stocks.
|
|
|
Post by MoBuckChaser on Jan 13, 2018 6:33:03 GMT -6
Cost averaging and taking 3% out of your check because your company may match your 3% each week in your 401K are 2 different things in my opinion. The original question was, "I have $50K coming from selling my shop". If a guy waited with the $50K to cost average a little each month hoping in this market right now, you have a good chance of missing some stock or fund income plus some dividend payout to reinvest. You may in fact be income averaging into a continuing bull market costing yourself even more money and lost opportunity. If you think the market is topping out, short the market and ride it down. But I see no indications of this market going down yet, Short of another plane taking down the towers that is! The weekly moving averages are still way apart, and not even close to crossing over yet. Stocks are nothing more than gambling if you think you can buy low and sell high all the time. Take the gambling out of it and buy now, hold until you look to retire. Find some decent dividend paying growth funds and ride those blue chips until you sit on the beach in your old age, or take up golf in Sun City Arizona! LOL!
Edit: And I don't see any good or savvy investors buying land right now, and I watch that market very well. Low land rent rates because of low commodity prices are keeping investors pushing this stock market higher because that is where their money is right now. Why would a investor buy land to pick up 1-2% on his money leasing out land? That is about were land is right now.
|
|
|
Post by chummer16 on Jan 13, 2018 9:09:35 GMT -6
Cost averaging and taking 3% out of your check because your company may match your 3% each week in your 401K are 2 different things in my opinion. The original question was, "I have $50K coming from selling my shop". If a guy waited with the $50K to cost average a little each month hoping in this market right now, you have a good chance of missing some stock or fund income plus some dividend payout to reinvest. You may in fact be income averaging into a continuing bull market costing yourself even more money and lost opportunity. If you think the market is topping out, short the market and ride it down. But I see no indications of this market going down yet, Short of another plane taking down the towers that is! The weekly moving averages are still way apart, and not even close to crossing over yet. Stocks are nothing more than gambling if you think you can buy low and sell high all the time. Take the gambling out of it and buy now, hold until you look to retire. Find some decent dividend paying growth funds and ride those blue chips until you sit on the beach in your old age, or take up golf in Sun City Arizona! LOL! Edit: And I don't see any good or savvy investors buying land right now, and I watch that market very well. Low land rent rates because of low commodity prices are keeping investors pushing this stock market higher because that is where their money is right now. Why would a investor buy land to pick up 1-2% on his money leasing out land? That is about were land is right now. I have no clue about cost averaging, never heard about it until today. I am 42 so your plan probably makes the most sense. I don't think the market is slowing down anytime soon. My biggest concern is the liberals and media hell bent on bringing this country down.
|
|
|
Post by Foggy on Jan 13, 2018 9:16:58 GMT -6
^. You could always buy things that hold value for the long term ......and things you need anyway. Put up a pole shed, buy a tractor, buy guns you always wanted. Those things have lasting value (ok- the tractor may be somewhat of a stretch) and increase your bottom line too. It's just re-allocating your assets when you buy things OF LASTING VALUE that are easy to sell again. edit: Actually I think my tractor performs more work for me than it costs to own it.......and thus far......I believe I could always get my money back after owning it for several years. Not a bad "investment" actually. Same goes for my used implements......they are worth as much or more than the money I paid for them.......and are quite easy to sell again if I dont need 'em. Craigs list is your friend.
|
|
|
Post by Catscratch on Jan 13, 2018 9:40:46 GMT -6
^. You could always buy things that hold value for the long term ......and things you need anyway. Put up a pole shed, buy a tractor, buy guns you always wanted. Those things have lasting value (ok- the tractor may be somewhat of a stretch) and increase your bottom line too. It's just re-allocating your assets when you buy things OF LASTING VALUE that are easy to sell again. edit: Actually I think my tractor performs more work for me than it costs to own it.......and thus far......I believe I could always get my money back after owning it for several years. Not a bad "investment" actually. Same goes for my used implements......they are worth as much or more than the money I paid for them.......and are quite easy to sell again if I dont need 'em. Craigs list is your friend. Guns! I have a friend who has made a small fortune from guns. A $450 AR will never be worth less than $450... but once the next presidential campaign roles around and a Dem starts to look strong that AR will jump to $650. If the Dem gets elected it will jump to $1100... even if they don't make any significant changes to gun laws. Fear drives that market very well. My buddies problem is that you have to be willing to sell to make money and certain % of his guns never hit the market again. He just uses the profit of the one's he does sell to buy more. If I could go back in time one of my side investments would have been .22 ammo.
|
|
|
Post by chummer16 on Jan 13, 2018 15:53:29 GMT -6
^. You could always buy things that hold value for the long term ......and things you need anyway. Put up a pole shed, buy a tractor, buy guns you always wanted. Those things have lasting value (ok- the tractor may be somewhat of a stretch) and increase your bottom line too. It's just re-allocating your assets when you buy things OF LASTING VALUE that are easy to sell again. edit: Actually I think my tractor performs more work for me than it costs to own it.......and thus far......I believe I could always get my money back after owning it for several years. Not a bad "investment" actually. Same goes for my used implements......they are worth as much or more than the money I paid for them.......and are quite easy to sell again if I dont need 'em. Craigs list is your friend. I am actually getting a 100k. I am building a "shed" at my house and paying off a basement refinish we just did. 15k will be in cash and is off the books. I have a couple tractor implements I am looking at. Wife wants a chunk for savings. Investing is a way to save half from our horrible spendin habits.
|
|