The investments thread

[fakie nollie]

There have been threads in the past that are similar but either skewed off topic or were overtaken by trolls. Starting a fresh thread here.

I pulled almost 100% of my stock out of market to cover the down payment and closing costs for a house. Fortunately, the March dip didn’t impact my profits too much. Short term, this felt risky and is a lot of cash to put into a single item. Long term, the strategy we saw was this: our “rent” is inflation proofed, we are paying ourselves back and, if done fast enough, the interest won’t completely kill the investment.

Once we’re settled into our new place, we’re going to slowly buy back into the market. Outside of that, we’re looking at Roth IRA’s and possibly more real estate in the future.

One thing I’ve started looking at is high-profile portfolios, what they’re made up of and how they mirror other investments in the market. After looking at Berkshire Hathaway’s move into GOLD, the ups/downs of this mirror BTC pretty closely over the last year or so.

What are you financially investing in? Stock, retirement, housing, beanie babies? Who’s portfolios do you follow?

[lampshade]

Most of my $ right now is going toward mortgage and 2 yr old baby.  We live in a crazy expensive area.  I do 401k with a solid (5%) employer match.  I also have a roth from when I was doing the independant consultant thing.  We do have some stocks.  I was lucky to get in on a few good ones early on.  We also have a solid financial advisor through a credit union.  I usually let her call the shots of what we are in with the retirement accounts. 

A credit union advisor isn't going to make you rich overnight, but they aren't going to screw you over or blow it with some wacky speculative investment.  Whenever I have some extra $ I send her $500 or $1000 and let her run with it. We meet with her quarterly.  I'm pretty hands off.  I am not a finance guy at all. 

We bought our house about 6 years ago and it has appreciated like crazy.  We are close to the Amazon HQ2 near DC, so thongs should be good in the future.  Bezos is doing a lot of shit around here.  Building parks, redoing schools, all kinds of stuff. 

[fakie nollie]

Most of my $ right now is going toward mortgage and 2 yr old baby.  We live in a crazy expensive area.  I do 401k with a solid (5%) employer match.  I also have a roth from when I was doing the independant consultant thing.  We do have some stocks.  I was lucky to get in on a few good ones early on.  We also have a solid financial advisor through a credit union.  I usually let her call the shots of what we are in with the retirement accounts. 

A credit union advisor isn't going to make you rich overnight, but they aren't going to screw you over or blow it with some wacky speculative investment.  Whenever I have some extra $ I send her $500 or $1000 and let her run with it. We meet with her quarterly.  I'm pretty hands off.  I am not a finance guy at all. 

We bought our house about 6 years ago and it has appreciated like crazy.  We are close to the Amazon HQ2 near DC, so thongs should be good in the future.  Bezos is doing a lot of shit around here.  Building parks, redoing schools, all kinds of stuff.

I should really move our accounts to a credit union and get a financial adviser. Thanks for that gem!

[theSketchLord]

I'm just focusing on paying my house off as quickly as possible.
As my mum said "My mum used to say, you can't go wrong with bricks and mortar"
Also Tony Soprano's accountant "Buy land, Gods not making anymore"

Have a few shares in Westpac bank but that's mainly as they gave them to us ages ago and I've never done anything with them. 

[Carrolls Chesthairs]

Had some small fractions of tesla, nintendo, and sony but sold them. This is what I've got going now. Hopefully dogecoin goes to a dollar+ some day.

[lampshade]

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Most of my $ right now is going toward mortgage and 2 yr old baby.  We live in a crazy expensive area.  I do 401k with a solid (5%) employer match.  I also have a roth from when I was doing the independant consultant thing.  We do have some stocks.  I was lucky to get in on a few good ones early on.  We also have a solid financial advisor through a credit union.  I usually let her call the shots of what we are in with the retirement accounts. 

A credit union advisor isn't going to make you rich overnight, but they aren't going to screw you over or blow it with some wacky speculative investment.  Whenever I have some extra $ I send her $500 or $1000 and let her run with it. We meet with her quarterly.  I'm pretty hands off.  I am not a finance guy at all. 

We bought our house about 6 years ago and it has appreciated like crazy.  We are close to the Amazon HQ2 near DC, so thongs should be good in the future.  Bezos is doing a lot of shit around here.  Building parks, redoing schools, all kinds of stuff.

[close]

I should really move our accounts to a credit union and get a financial adviser. Thanks for that gem!

We use Navy Federal b/c my wife's dad was Navy, so she's a member.  No fees.  The advisors get a salary and bonus' if their picks are good.  It's crazy when I look at our portfolio- how diversified it is.  So many different Index funds, ETFs, etc.  Things I know very little about and would never know which ones to pick.  Very few individual stocks. 

[TheLurper]

At this point, my 401K is worth less than I and my employer have put into it. Every time I look at this thing, I regret not choosing the pension plan (my first year was a temp year and I wasn't expected to be rehired so I never expected to be able to vest).

I feel, since 401Ks were not supposed to be full on retirement accounts, this "retirement plan" encourages me to stay at a job that I'm kind of over and makes it even riskier to quit and just to start my own business, since I wouldn't just be risking my income and a portion of my savings, but also an opportunity to build towards retirement if shit went wrong.

What makes it even crazier is that I've realized the 401K will never add up to enough, especially if the privatization of public wealth and decrease in employee share of earnings that fueled part of the stock market's rise is over.

Not to mention the guilt knowing that my retirement requires companies to prioritize giving me money over those who actually work for the companies themselves. I feel, as a shareholder, I'm indirectly stealing out of every employee's pocket. They go to work and I take a portion of their earnings for my own personal gain, which is fucked up. Some reverse Robin Hood shit here.

I have a market based savings account with my job as well. I don't really pay attention to this, but I'm glad my employer forces me to have this little savings account that is pretty conservatively run.


And, I bought a couple hundred shares of a Canadian weed company that was a penny stock. Basically, it was a lotto ticket that is yet to pay off. I'm hoping they get bought out by someone bigger at this point because I backed the wrong horse.

[noahch]

I do index mutual funds in my Roth IRA following a three-fund portfolio - 80% total U.S. stock market, 15% international index, 5% U.S. bonds until it is maxed. I then DCA into the ETF equivalents of these three funds + REIT in my taxable brokerage each week. I'll probably start adding some Emerging Market ETF into the mix as well.

I've just recently acquired my first job where the employer offers a 401k (all past positions have been internships) so I'm going to start contributing to that when I start.

I'll pick individual stocks on occasion if I feel up to it in a separate brokerage account - but only do so if I happen to have additional $ after my expenses for the month. This is merely just $ that I'm comfortable with losing. I have some positions in e-commerce, IT, utility, and insurance spaces that are in the green now, but it took a few years for some of those to recover. I just try and pick companies that I think will be around for the long term so I can hold them for (ideally) 3+ years or so.

[fakie nollie]

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Most of my $ right now is going toward mortgage and 2 yr old baby.  We live in a crazy expensive area.  I do 401k with a solid (5%) employer match.  I also have a roth from when I was doing the independant consultant thing.  We do have some stocks.  I was lucky to get in on a few good ones early on.  We also have a solid financial advisor through a credit union.  I usually let her call the shots of what we are in with the retirement accounts. 

A credit union advisor isn't going to make you rich overnight, but they aren't going to screw you over or blow it with some wacky speculative investment.  Whenever I have some extra $ I send her $500 or $1000 and let her run with it. We meet with her quarterly.  I'm pretty hands off.  I am not a finance guy at all. 

We bought our house about 6 years ago and it has appreciated like crazy.  We are close to the Amazon HQ2 near DC, so thongs should be good in the future.  Bezos is doing a lot of shit around here.  Building parks, redoing schools, all kinds of stuff.

[close]

I should really move our accounts to a credit union and get a financial adviser. Thanks for that gem!

[close]

We use Navy Federal b/c my wife's dad was Navy, so she's a member.  No fees.  The advisors get a salary and bonus' if their picks are good.  It's crazy when I look at our portfolio- how diversified it is.  So many different Index funds, ETFs, etc.  Things I know very little about and would never know which ones to pick.  Very few individual stocks.

Oh nice. My wife is Navy (civilian) and we haven't explored this option too much. Will look into it ASAP!

Add on - I have stock options from my employer that went up 100% since they were granted to me. I thought about holding onto these until I left the company but am now pretty much cashing out my vested options every quarter as we've used the extra cash for a few things. Will be doing the same over the next year for home upgrades and paying down our mortgage.

[Mouth]

Property - Bought a flat. Its almost completely paid off. We kept a small outstanding amount on the mortgage to save on property tax. Tenants rent now acts as an additional income stream.

Stock - Focus has been on tech stocks like Nvidia, Tencent and Microsoft. But we also have shares in various ETF funds (Robotics + Biotech) and Chinese banks etc.

Crypto - Spent the last few months developing a crypto trading strategy. Takes a while to figure out all the coins and indicators etc, but I'm almost to the point where I feel confident enough to trade with meaningful sums of money.

In general, I'm watching the markets very closely at the moment with the aim of cashing out as a correction seems inevitable, given how fucked the real economy is.

[formula420]

I just bought my first house less than a week ago. Pretty stoked. Decent amount in my 401k. Luckily I had a good amount of cash so the crash didn't hit that and I could make my down payment.

[Narcissus]

Not buying stocks right now, also watching for the coming (highly likely) downturn. Have thrown some speculative money into random picks when the timing felt nice, but yeah, it can take a long time for your amateur individual picks to yield. I bought some stuff during the March dip, like Home Depot, Lowe's, United Healthcare, Unilever, 3M, etc. Also good to have some boring, reliable dividend payers in the mix. Waste Management doesn't move too much and trash isn't going out of style anytime soon.

I'm thinking that I will probably convert all my traditional retirement accounts to Roth this year, since my income for 2020 is gonna be really low.

I bought some options from 2 start up companies I worked for. Basically a lottery ticket, and they both have a higher chance of failing than making it to the big leagues. I'm thinking about asking them if they'd be willing to buy any back at the current valuation (hopefully higher). If I could recoup my cost, at least, I'd feel more comfy.

Just flipped those heinous grateful dead dunks for $1000 clear. Best investment I've made recently.

I'm 36 and have enough retirement money to last for maybe 5 years of cheap living, or 4 days in the hospital. Not too good, but I guess that puts me in better shape than most people, although I'm not currently adding anything to those accounts.

Looking back, I should have definitely done some kind of pension job at 18. I could be 2 years away from lifetime income, with plenty of time to do something else. Obviously shit is rather fucked there now, but my homie started USPS in his mid 30s and in less than a year became totally shredded, just from walking 12-15 miles a day. That's a nice tangential perk.

Good luck out there. Make more than you spend!!

[ill_Murray]

I’m a bitch.

Must be easy to play with money when it’s all Daddy’s.

[Baron Samedi]

thongs should be good in the future

[Madam, I'm Adam]

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thongs should be good in the future

[close]

I've missed your posts.

[IUTSM]

Silver bullion spot has almost doubled in a year or so. Monero have been climbing as well. One of my buddies with a good job and a smart wife bought stocks in smith & wesson back in March and they've tripled if i'm not mistaken.

Really, all I wanna do is buy acreage and throw up a kit house. My pop always said "They can't make more land," and that's the real deal truth.

[lazer69]

I got $600 total and in a portfolio comprised of 8 stocks and 1 ETF.

I have Nikola, SQQQ, Paramount group, Blink charging, Solaris, Xperi, BP, GE, Aphria.

I bought in most of those on july 8th and 14th of this year.

[Mouth]

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I’m a bitch.

[close]

Must be easy to play with money when it’s all Daddy’s.

My sublings are spending all my parents" money. It's the price I pay for doing OK.

You wouldn't understand.