Investing General Discussion

Sanrith Descartes · Jul 25, 2022

Aldarion said:
WTF, RDBX? No big deal, just +80% in like an hour

It must be that -9.33 EPS

karma · Jul 25, 2022

WMT from 130ish to low 120s after hours, on guidance cut.

Creslin · Jul 25, 2022

rest of the big retailers are crashing too AMZN down 4% after hours now.

Mist · Jul 25, 2022

This week is gonna be bloody.

Sludig · Jul 25, 2022

Have my fidelity account set up already, ready to drop 60-100k and let it ride for 20 years.

Is there certain flavor twists on the S&P 500 worth considering. Or is vanilla straight still thought to be simplest safest long term place to plunk it.

Furry · Jul 25, 2022

Sludig said:
Have my fidelity account set up already, ready to drop 60-100k and let it ride for 20 years.

Is there certain flavor twists on the S&P 500 worth considering. Or is vanilla straight still thought to be simplest safest long term place to plunk it.

S&P500 is still the gold standard of set and forget investing.

Mist · Jul 25, 2022

Sludig said:
Have my fidelity account set up already, ready to drop 60-100k and let it ride for 20 years.

Is there certain flavor twists on the S&P 500 worth considering. Or is vanilla straight still thought to be simplest safest long term place to plunk it.

Looking specifically at Fidelity Index funds, these are the 3 I would go with right now:

20%

FLPSX - Fidelity ® Low-Priced Stock Fund | Fidelity Investments

Analyze the Fund Fidelity ® Low-Priced Stock Fund having Symbol FLPSX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.

fundresearch.fidelity.com

50%

FXAIX - Fidelity ® 500 Index Fund | Fidelity Investments

Analyze the Fund Fidelity ® 500 Index Fund having Symbol FXAIX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.

fundresearch.fidelity.com

30%

FSKAX - Fidelity ® Total Market Index Fund | Fidelity Investments

Analyze the Fund Fidelity ® Total Market Index Fund having Symbol FSKAX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.

fundresearch.fidelity.com

Zog · Jul 25, 2022

Any leveraged etf will have decay so i wouldn't touch any of that shit with a 20 year hold.

I personally wouldn't be plunking down anything until Biden is out of office if you're thinking long term, lots of bank shenanigans going on in China that seems to be escaping Western news.

Knowing a politician, the answer to any issue is throwing more tax payer money at the problem and in this case, any damage to the dollar might have catastrophic consequences for inflation.

Sludig · Jul 25, 2022

Zog said:
Any leveraged etf will have decay so i wouldn't touch any of that shit with a 20 year hold.

I personally wouldn't be plunking down anything until Biden is out of office if you're thinking long term, lots of bank shenanigans going on in China that seems to be escaping Western news.

Knowing a politician, the answer to any issue is throwing more tax payer money at the problem and in this case, any damage to the dollar might have catastrophic consequences for inflation.

I mean i liked the idea of waiting for a bottom, but I'm barely even a casual investor with no tone or at least no mind for it so i lean towards mantra time in market vs timing the market.

I mean sitting on house sale money watching it inflate away into less value doesn't seem great either

Mist · Jul 25, 2022

Zog said:
I personally wouldn't be plunking down anything until Biden

This is how people always fuck themselves out of gains, no matter which party is in power.

That said, if you really think the market is going to continue to tank for the rest of this presidency, which is possible but not likely, you can always dollar cost average and put 1k in every week for the next 100 weeks, that way if it does keep going lower, you will dollar-cost-average down.

Just make sure you're maxing your 401k.

Furry · Jul 25, 2022

Sludig said:
I mean i liked the idea of waiting for a bottom, but I'm barely even a casual investor with no tone or at least no mind for it so i lean towards mantra time in market vs timing the market.

I mean sitting on house sale money watching it inflate away into less value doesn't seem great either

There’s plenty of solid funds that aren’t bad and can be reasonable to hold if you want to specialize or diversify. That said, if you just go 100% S&P you aren’t doing it wrong either.

Blazin · Jul 25, 2022

Sludig said:
I mean i liked the idea of waiting for a bottom, but I'm barely even a casual investor with no tone or at least no mind for it so i lean towards mantra time in market vs timing the market.

I mean sitting on house sale money watching it inflate away into less value doesn't seem great either

With a 20yr time horizon picking bottoms is a waste of time. Nothing wrong with dollar cost avg if you want but studies show even that loses to just dumping it in. Time in the market wins every time.

Furry · Jul 25, 2022

Zog · Jul 25, 2022

I would say in 20 years we will probably have another 8 market crashes or more if the timeline holds up, seems like they are accelerating as clown world starts to take hold.

I would wager now is probably not even close to the bottom of the next monkeypox bataids anthrax vaccine. So many opportunities with a 20 year timeline, this sell off seems weak.

Sanrith Descartes · Jul 25, 2022

Sludig said:
I mean i liked the idea of waiting for a bottom, but I'm barely even a casual investor with no tone or at least no mind for it so i lean towards mantra time in market vs timing the market.

I mean sitting on house sale money watching it inflate away into less value doesn't seem great either

Weds if Fed day. That means lots of possible volatility. This week is also Big Tech earnings. Waiting until Monday wouldn't be the worst idea. It also won't matter over 20 years if you buy in tomorrow.

SPY doesn't have a mechanism for dividend reinvestment so I would go with IVV instead. Don't get fancy mixing various funds. I would either go all IVV or half IVV and half QQQ.

Gravel · Jul 25, 2022

I like total market over strictly S&P 500. That way you get all the small and mid caps that it misses. But in the end it probably matters very little.

ShakyJake · Jul 25, 2022

Sludig said:
Have my fidelity account set up already, ready to drop 60-100k and let it ride for 20 years.

Is there certain flavor twists on the S&P 500 worth considering. Or is vanilla straight still thought to be simplest safest long term place to plunk it.

Gold and uranium mining ETFs.

Wingz · Jul 25, 2022

Anyone else doing the gay plays?

Sludig · Jul 25, 2022

Blazin said:
With a 20yr time horizon picking bottoms is a waste of time. Nothing wrong with dollar cost avg if you want but studies show even that loses to just dumping it in. Time in the market wins every time.

Number out of my ass, might be longer, in fact should be given i'm 36. Goal this year is to max 401k hopefully. Just was a circus this last year and still is but at least we have money to allocate around.

Have 200k actually, had thought about putting 100 market, 100 on house to eliminate pmi and save the 5% interest on a 30 year. Opinion? Good diversify for guaranteed return even if less than inflation? Or like recent comments in home buyer, a waste since paying it off slowly with normal payments theoretically is with money that's becoming worth less and less?

Blazin · Jul 26, 2022

Sludig said:
Number out of my ass, might be longer, in fact should be given i'm 36. Goal this year is to max 401k hopefully. Just was a circus this last year and still is but at least we have money to allocate around.

Have 200k actually, had thought about putting 100 market, 100 on house to eliminate pmi and save the 5% interest on a 30 year. Opinion? Good diversify for guaranteed return even if less than inflation? Or like recent comments in home buyer, a waste since paying it off slowly with normal payments theoretically is with money that's becoming worth less and less?

It’s not the mathematical answer to lower house debt but I am always partial to less debt . I believe there are intangible benefits of living debt free. I don’t think you are going wrong with either choice though.

Investing General Discussion

You have insufficient privileges to reply here.

Molten Core Raider

Trakanon Raider

REEEEeyore

Potato del Grande

Email Loading Please Wait

REEEEeyore

Blackwing Lair Raider

Potato del Grande

REEEEeyore

Email Loading Please Wait

Creative Title

Email Loading Please Wait

Blackwing Lair Raider

You have insufficient privileges to reply here.

Mr. Poopybutthole

Being Poor Sucks.

Potato del Grande

Creative Title