Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

I reinvest it all now, but I don't use a DRIP program. To DRIP is great if you want to buy partial shares of the same stock with the dividend, but I just let it build up for a while in cash and buy what I think is a good deal at the time. Sometimes DRIP will have you buying expensive stocks that might not be the best idea.

 

jup I love Dividend paying stocks, I just took $6500 cash out from Dividends cash and bought a traditional IRA for 2018 Tax deduction and still have enough cash left for buying whatever I want, its like a gang bang when you got that extra dividend money to use to make more

 

That's some real cash, awesome man.

 

Hold and buy the dip

 

I was legit thinking about this a couple of hours ago...

https://www.barrons.com/articles/co...tive-now-51549059131?siteid=yhoof2&yptr=yahoo

 

Stocks like that are your long term holds

 

Looks like sp500 was up 1.6% this week. I was way wrong on my down 8%

 

I guessed 3% so not too good either.

I’ll guess we are up 1% next week.

 

Thats a nice chunk for dividends, i only got $1100 last year
In your traditional what fund did you buy?

 

that money I used was accumulated dividends over a period of at least 10 years, wasn't a 1 year sum, was basically dividends payed by Bristol Myers Squib stock that was getting $300 dividends per quarter over a period of time(years) that I let roll. ive should have paid more attention to the cash accumulation I probably could have bought a max traditional IRA every year and used that as a tax deduction or made other investments with it or cashed it out.

 

I'm not sure on next week but I'll go with it being up slightly.

I've noticed alot of the global economy seems to be slowing and countries are going into recessions. Does anybody think vtiax is a good buy. If I did I would only put 10% of my 401k contributions into it at most. It's one of the few non us stock funds I can buy through my 401k. It should be cheaper to buy right now.

 

the US has the hottest economy in the world I wouldn't bother investing in overseas companies unless it was in the Energy sector or Medical, Pharmacy

 

Yea I was kind of on the fence and that fund is a total market fund of around 6000 companies. Might not do so hot.

 

If it has that many companies in it I think it is too big to go up or down much. At some point it is so diluted it’s probably like putting money in a bank account with some interest.

 

Didnt think of it like that, but its sound advice.

 

I just looked at it, it does have 9% of its total assets are very good energy,tech auto, food products companies but whats the other 91% assets invested in? it also stated that its highly volatile more so than a similar US stock

 

The other 91% is probably junk willy Mays sold on TV and Chinese companies that could be seized by the state if they step out of line.
It would be a long list to read through and compare the good vs bad.

 

I don’t think it’s necessary a bad thing, probably a safe investment, but no way you’re doubling your money in a short time with 6,000 companies.

Edit: It looks like a decent fund with good ratings, but only about a 3% average annual return from 2010 to present. With that bull market you could have picked any stocks and beat that. There has to be better options in your 401k.

 

My 401k plan at work only has about 10 different funds that aren't target date or bonds. I thought the international fund might be down some since a few countries were in a recession last quarter and China isnt doing good either. So I might buy some while it was lower and sell it in a year or two but it might not bounce back like I thought.

I dont really have any money besides that invested unless you count a money market account and cd's but those are boring. I'm looking at buying a house in the near future so I'm trying to keep my risk low with the money I've saved for a down payment.

 

Anyone playing any earnings this week? Some that caught my eye to look at
Mon- GILD GOOG GOOGL STX
Tue- SNAP DIS EA BP
Wed- NTGR TM GPRO CMG GM SPOT
Thr- WWE TMUS TWTR GRUB YUM
Fri-- BGFV PSX