Investing

dreamdatedoug · 02-05-2008, 09:08 PM

I'm not so sure how well this will go over here, but it's worth a shot.

Anyone here invest regularly?

Personally, I try to max out my Roth IRA every year (still got til April 15th to max out for 2007). And I typically just invest in the Vanguard S&P 500 index fund. Stock market is shit right now, so I'm able to buy more shares than I've been able to in the past. I also have a 401(k) at my shitty job, but I just do 4% (the amount they match up to). I've been thinking about diversifying with an emerging markets fund, but some of the expenses on them have been rather high. What's everyone (or anyone) else do?

niggasslamminwhitebitches · 02-05-2008, 09:10 PM

considering it's just starting the chinese new year, I would say wait until that's over then start investing in the SSE. Then right before the Olympics in China this year sell like mad.

Expect a really high return.

dreamdatedoug · 02-05-2008, 09:16 PM

Personally, I'm more of a "buy and hold" kinda guy... for tax purposes, and for ease.

linkismyhero · 02-06-2008, 02:51 PM

Quote:

Originally Posted by dreamdatedoug

Personally, I'm more of a "buy and hold" kinda guy... for tax purposes, and for ease.

Huh. Just NEVER diversify.

DeusExMachina · 02-12-2008, 02:51 AM

I am a regular stock trader, u can ask me questions about stock exchange. I plan to do options trading once i have more money.

I agree with Orgasmotron's assessment. Now that the Chinese new year is over, its a good time to get back into the asian market. Then sell just before the olympics

Current stock(s) I think is/are good now is CHL. China Mobile. Hold it until the Olympics start then sell off. I am going to buy that within the next few days.

dreamdatedoug · 02-12-2008, 12:47 PM

Quote:

Originally Posted by DeusExMachina

I am a regular stock trader, u can ask me questions about stock exchange. I plan to do options trading once i have more money.

I agree with Orgasmotron's assessment. Now that the Chinese new year is over, its a good time to get back into the asian market. Then sell just before the olympics

Current stock(s) I think is/are good now is CHL. China Mobile. Hold it until the Olympics start then sell off. I am going to buy that within the next few days.

What about just getting some sort of Emerging Markets mutual fund? That way it's diversified, and hits all those asian markets nicely?

DeusExMachina · 02-12-2008, 12:56 PM

Generally speaking I don't like mutual funds. I am a high risk investor, I invest in like 2 or 3 stocks at most. Mutual funds in general are pretty safe, I don't know how much you can study about mutual funds other than following market trends. When you invest in 1 company you would have to really pay attention to its activity and sorts. What company are you buying mutual funds from?

This year isn't a good time for US stocks or mutual funds for that matter. It's presidential elections and guess what direction stocks go during this time?

dreamdatedoug · 02-12-2008, 01:27 PM

I typically do my investing with Vanguard (that's where I have my Roth IRA setup). I currently invest in their S&P 500 index fund, and the small-cap growth fund.... so I still invest in risky mutual funds. I don't do anything outside of my IRA right now, since I really only have enough investing money to JUST do the IRA.

I've been thinking about doing their emerging markets fund, but their .5% redeption and purchase fee (it's not a load though) has really been putting me off. I've been thinking about doing the total international market fund, since that includes emerging markets without that stupid fee.

I'm still pretty new to investing, so I'm still sticking with mutual funds for now, since their easy. If I do anything with stocks, I'll probably just do it with money outside of the tax-advantaged accounts.

Also, I'm 22, so I really don't care to much about the market at the moment. I dollar-cost average by investments, so I'll ride out the risk by the time I can touch the money in the IRA.

DeusExMachina · 02-12-2008, 03:41 PM

I use fidelity. All their mutual funds have no sale charge no commission fee etc. Although some special mutual funds have a 1.5% early penalty selling fee if sold before 90 days.

IMO mutual funds generally are pretty stable. I can't think of any mutual fund thats "really risky." Back in the days in 2006 when I had a mutual fund, I got about a 12% gain at the end of the year. But with stocks... my worst drop with stocks was Blackstone ~ 40% drop, and my best gains were Apple, 35% Nvidia 22% Mastercard 40%, CHL 72%, LFC 60% and the end of the year I had about a net 36% gain.

I'm sure after a while once you get more into investing you can move onto a higher degree of trading such as stocks.

dreamdatedoug · 02-12-2008, 04:00 PM

Quote:

Originally Posted by DeusExMachina

I use fidelity. All their mutual funds have no sale charge no commission fee etc. Although some special mutual funds have a 1.5% early penalty selling fee if sold before 90 days.

IMO mutual funds generally are pretty stable. I can't think of any mutual fund thats "really risky." Back in the days in 2006 when I had a mutual fund, I got about a 12% gain at the end of the year. But with stocks... my worst drop with stocks was Blackstone ~ 40% drop, and my best gains were Apple, 35% Nvidia 22% Mastercard 40%, CHL 72%, LFC 60% and the end of the year I had about a net 36% gain.

I'm sure after a while once you get more into investing you can move onto a higher degree of trading such as stocks.

Probably. I'd still probably keep my retirement accounts in mutual funds. But yeah, Fidelity and Vanguard both have no loads and no commission, but they both DO have management fees. usually not a big deal though.

So you buy your stocks from Fidelity too?