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

Not sure about auto loans, but the mortgage rates are tied closely to the 10 year treasury note. That sag in the yield curve is weird, but good for home buyers esp with the Fed rates being set higher. It went up right alongside Fed hikes for a while, but they have been plummeting since the end of last year.
Second pic is 10 year treasury yield.




Why the 10 year? I am 90% sure it's because people on average will refinance or purchase a different home after 10 years.

 

Hey guys new to investing and stock trading and was wondering if there were any good books that you guys recommend reading on good trading technique as well as what to look for and like when to bail or when to ride it out? TIA!

 

Check credit unions on auto loan rates. Mine made it easy to refi my auto loan. Rates should be lower right now is a good time!

 

Books: Rich Dad, Poor Dad; The Richest Man in Babylon; A Random Walk Down Wall Street; One Up On Wall Street; The Intelligent Investor (a little more complex but a good book).

 

Understanding Wall Street 5th edition was good purchase for me.

 

The markets have been a great place to be if always invested over the long haul. I hate to say it but being retired now I think differently . I think there is going to be more , if not a lot of pain before the trade agreements are done , or abandoned all together if there are changes of leaderships in all involved . Perfectly happy to be in over 50% cash since early March , at least for the summer or much longer as making money is not a main goal anymore . Keeping it and getting something back from it is.
I know it is a fools game to try and time the markets but does anyone else think it is time to do some cashing in for an extended period ?

 

No, dividend stocks of Blue Chips is a better bet now if you can leave the principal alone for at least the next decade. If you have a lot of cash, 4-5% can be a nice monthly income.

 

I think overall interest rates are at a good place. If you bought a house in the 70's you would most likely agree with my statement. Usually when the fed cuts rates ...its cheaper for the banks to borrow money..so in return the consumer can get a lower borrowing rate. Vice versa if the fed increases rates. I think auto loans are gonna be weird tho...this mexico thing is gonna shake up the industry. Will it cause vehicles to become more expensivE? or will manufacturers take more short cuts?...its gonna be interesting but i might buy into ford again. I bought at around 8-ish and sold when hit 10.30.

 

You just answered your question, it's a fools game to try and time the markets even in retirement. You need to be in the right asset classes but timing the market never, never works in the long run.

 

I agree. I hope to continue to buy shares, never sell a share, and have an income that I am happy with whenever I decide to stop working. It is very simple, but it seems that it will work regardless of market conditions now or whenever.

 

I prefer growth over dividends, I'm not 70 yet! There will come a time that I will shift into income.

 

I am about half of 70 but prefer both. I just don't trust the market enough, I fear that there could be a 10+ year dead market with no gains. At least with dividends, which I reinvest all of, I am getting about 4.5% return going back into the companies. I am sure I am sacrificing growth, but I sleep better knowing that AT LEAST I am getting something back for doing this.

 

Over the long term you will miss some gains but if you save enough you don't need the highest gains.

 

Exactly my thoughts. I do have MCD, WMT, AAPL, AVGO, plenty that will grow. Call me crazy but I am satisfied with the 4.5% dividend return, anything after that is a bonus.

 

Not crazy just conservative.

 

Maybe conservative, maybe just paranoid about the markets. I do have several mREITs that pay 10%+ dividends, that's probably more on the risky side. Yea, conservative overall though I guess.

 

I'm about to buy the crap out of this UWT dip

 

I'm a big fan of the boglehead philosophy. Their wiki is free and full of good info. I place most of my funds in VTI.

 

What's your guys thoughts on buying a Vacation House / Short Term Rental and lowering your 401k contribution.

Say I lower it, but use the money on an investment such as a house in the smokies, Gatlinburg TN, so I'm not just blowing the money.

I can rent the place out through out the year and maybe vacation there 1-2 weeks out of the year in the non peak times b/c I'm about that cheddar of course. So I get enjoyment from my money now and also get a decent investment and return with about as much work as I'm currently doing with the stock market through apps (AirBNB for ex), research with other agents on reputable contractors for cleaning and repairs, etc.

I've been doing research and because of how far we've come with apps and communications it's became easy to make calls to contractors and handle bookings via apps while still having a full time job. I'm just trying to diversify lol.

I know this isn't the thread to discuss this, and I reached out on Bigger Pockets, just want to hear some of you guys who are big marketers opinion.

Btw, I live in Birmingham so i'm about 7 hours from Gatlinburg.