/biz/ - Business & Finance

[Anonymous No.1431160]

My mother has around $100,000 that she wants to grow left from a deceased family member, and she was just planning on having the bank grow it for her. We went to meet with her adviser. Apparently her adviser's plan is to put it in a conservative growth plan right now. She has enough money to live for the rest of her life, so this is for me more than her.

Should I instead wait for the market to decline, and drop it in a vanguard index fund?

I don't think the adviser really cares how the market's state is, and whether or not it is a good time to invest.

[Anonymous No.1431172]

>>1431160


never try to time the market.


Also investing in one lump sum has proven to be a better tactic than drip feeding

[Anonymous No.1431189]

>>1431172
>Also investing in one lump sum has proven to be a better tactic than drip feeding

*citation needed

[Anonymous No.1431193]

>>1431160
time in market > timing the market.

put it in the fund and let it sit till your 60 anon. a lot of people dont want to wait till their 60 but dont realize they still have another 20-30 years to go after that.

[Anonymous No.1431211]

Just drop it in the fund ,, there is no downside if you go long enough

or you could split it 2/1 with 2 in the fund and 1 just if you needed emergency cash or whateve

[Anonymous No.1431226]

>>1431172
>>1431193
Would it not be better to wait until at least late 2017, in case the market crashes again?

[Anonymous No.1431227]

>>1431226
I know that time will beat it, but if I buy in at a crash wouldn't the returns be even greater? I don't think a year is that much to wait at.

[Anonymous No.1431229]

>>1431227
How do you know it is going to crash? What if it crashes the day after you invest?

[Anonymous No.1431308]

Banks are the WORST place to have handle your investments. Vanguard or Fidelity would be best. Yes, just dump it all into an S&P index fund or part into the S&P fund and part into another conservative index fund or two.

[Anonymous No.1431310]

>>1431172
No it isn't.

I've worked at financial advisor places and the strategy is to dump a portion between 25%-50% in the first month and then drip feed the rest over the year

>>1431229
This.

>>1431160
OP. Here is a free insight in to financial advisoring shit. They will normally recommend some shares that you have heard of that pay good dividends like banks and half their fund will be shit lkke that. The other half will be not so household name but you would know them if you ever bought shares on your own as they are $10b+ companies.
Then they just change it up if the client wants growth or they want dividends (as smaller divs = more money being reinvested in the company and then usually getting high growth)

If you buy banks+common big companies you will basically be mirroring your average advisors fund. In terms of vanguard index fund. Yes I would recommend that. Financial somtimes recommend their clients put it in their because it's safe and they will make their clients average returns.

As for your question about timing. Vanguard themselves recommend that your timing accounts for 2% profit/loss of your portfolio. The real money is picking the right industry. e.g. Alot of people are speculating that gold will reach $2000+ and alot of gold related shares have risen a fuckload. So if you jumped on the bandwagon at the start of the year you would have made 50% on your portfolio.

I wouldn't risk trying to do individual shares or even an industry if you don't know what the fuck you are doing, I was just giving some insight. Go with Vanguard index. Maybe Save 20% and put it in a specific industry or something

[Anonymous No.1431395]

>>1431310
>dump a portion between 25%-50% in the first month and then drip feed the rest over the year

Is there any explanation for that? I could use the knowledge

[Anonymous No.1431425]

Build your own portfolio. Learn about how to neutralize market risk, how to hedge, yadda yadda. Once you start actually building the portfolio, you'll allocate how much gold you want and how much us equities you want. Say you wanted 5% in gold. When you got to 6% in gold, you sell off enough gold to retain 5% holdings. With that extra money, you'll probably need to buy in some more positions somewhere else.

[Anonymous No.1431511]

>>1431395
I don't get the reasoning, I'm not a financial advisor anything. I've just worked for them.

[Anonymous No.1431517]

>>1431395
http://www.investopedia.com/terms/d/dollarcostaveraging.asp

I guess it's just this really. If you buy now and it shits itself in a few months you are averaging down and you minimised your losses, but, if it goes way up well you made great money anyway, keep contributing.

[Anonymous No.1431522]

>>1431511
http://www.investopedia.com/terms/d/dollarcostaveraging.asp


why does vanguard get shilled here so hard, its so plebian.

there are literally thousands of similar funds to choose from..
http://aboutus.aberdeen-asset.com/aboutus/

[Anonymous No.1431536]

>>1431522
Vanguard has extremely low costs for funds

[Anonymous No.1431541]

>>1431536
compared to who?

[Anonymous No.1431548]

>>1431425
All I've done is mess around with about a few hundred bucks on robinhood, I really don't think I have the know-how to do this effectively.

>>1431310
Are index funds listed on the exchange, or are they the same as the ETF?

Should I buy VOO and VOOG?

Or are they privately listed when you actually sign up for a vanguard account?

[Anonymous No.1431551]

>>1431548
http://www.investopedia.com/articles/etfs-mutual-funds/062716/fidelity-vs-vanguard-which-better-suited-you.asp

[Anonymous No.1431660]

>>1431189
>*citation needed

https://pressroom.vanguard.com/nonindexed/7.23.2012_Dollar-cost_Averaging.pdf

Lump sum investing beats dollar-cost averaging about two-thirds of the time, historically speaking.

[Anonymous No.1431668]

>>1431226
>2016
>Would it not be better to wait until at least late 2017, in case the market crashes again?

>2009
>Would it not be better to wait until at least late 2010, since we might not have hit the bottom?

>2010
>Would it not be better to wait until at least late 2011, since this is a dead-cat bounce?

>2011
>Would it not be better to wait until at least late 2012, since we had a flat year?

>2012
>Would it not be better to wait until at least late 2013, since we just high new market highs?

>2013
>Would it not be better to wait until at least late 2014, since this growth can't be sustained?

>2014
>Would it not be better to wait until at least late 2015, in case the market crashes again?

You can't time the market.

[Anonymous No.1431669]

>>1431660
>cites vangaurd
lol

you know why they wanna make sure you get in all your money at once right?

[Anonymous No.1431671]

>>1431669
It's a study performed with market data. They ran a Monte Carlo simulation using historical market performances. It's not some opinion piece or marketing material. It's a fucking white paper.

So unless you think Vanguard is committing investing fraud by publishing manufactured data, the facts are the facts.

LSI beats DCA 66% of the time.

[Anonymous No.1431674]

>>1431669
think about it .

if you were to invest your chunk at every vanguard down swing , how is that not a better strategy than just randomly plunking it all in one day?

[Anonymous No.1431678]

>>1431671
lol. thats an absolute closed study.

i've ran my own simulations, i can tell you , that one is EXTREMELY biased.

but believe what you want, mark.

[Anonymous No.1431691]

>>1431160

I'm in a similar situation, but 400k instead of 100k.

Do a 3-fund Portfolio and forget about it. Increase Bond % if you wish to be more conservative.

Do not time the market.
Do not time the market.
Do not time the market.

These admiral funds have expense ratios of around 0.05%.
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
Vanguard Total International Stock Index Fund Admiral Shares (VTIAX)
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)

A "financial adviser" will charge you 1%-2% per year. That's around 40 times as much as a vanguard fund!

[Anonymous No.1431693]

>>1431674
First of all, there's no such thing as a "Vanguard down swing." Vanguard is not a publicly traded company. The markets may rise and fall, individual funds, stocks and other investments may move. Please note the difference.

Second, not timing the market precludes buying "dips". You have no idea what the market is going to do, not whether a "dip" is temporary or a prelude to further decreases. The very question assumes that you can predict future near-time price movements, which is demonstrably false.

If you don't like the study, go invest how you want. No one cares. If you think the study is wrong, prove it. I'll not hold my breath.

>thinks people who invest in low-cost index funds are "marks"
>thinks he's not pants-on-head retarded

[Anonymous No.1431705]

>>1431693

[Anonymous No.1431711]

>>1431674

>2011.
>You "invest your chunk at every vanguard down swing , how is that not a better strategy than just randomly plunking it all in one day"!
>waiting
>waiting
>yfw S&P 500 goes up 94%
>yfw you sit on cash for 5 years

[Anonymous No.1431717]

i put some money in natural resources, did i fuck up??

[Anonymous No.1431721]

dump it in xle and let it sit. Oil is a limited resource and demand is always going up. XLE used to be over 100 and now it's below 70

[Anonymous No.1431724]

>>1431548
well, you better start learning. the best money manager in the world is yousrelf

[Anonymous No.1431726]

>don't time the market
Ok fine
I'm not comfortable purchasing US equities at their current price my risk tolerance is too low
I will remain in cash outside my tax advantaged accounts until such time as I find the US equities matkets not overpriced

Is this market timing

[Anonymous No.1431728]

>>1431711
>>yfw S&P 500 goes up 94%
>>yfw you sit on cash for 5 years
This. Part of the reason 2014 was such a great year for the markets was that so many people realized they were so spooked by 2008 that they were missing the greatest bull market of their lifetimes. Investing inflows were incredible (mostly into the wrong asset sectors, but that's another story), and brokers even made TV ads telling people it was time to get back in the game.

[Anonymous No.1431731]

>>1431711
thats why i reccomend diversity amongst different funds.

but you wont hear that on the vangaurd website. shillington.

and NO stock has every rocketed upwards

dont' you know that those postitive and negative fluctuations in price make a huge difference when dollar cost averaging?//
your literally buying in cheaper

im not gonna explain the math to you, if u cant grok it , then fuck ur brain.

[Anonymous No.1431733]

>>1431711
That's why you invest the day(s) after a large market correction. But also note, Vanguard does not fall in value as the net asset value of the fund(s) is not decided by the market but, instead, by the fund(s) manager(s).

[Anonymous No.1431737]

>>1431733

Please enlighten us with the trading dates "after a large market correction" over the last 5 years.

[Anonymous No.1431738]

>>1431728
>VANGAURD IS ALWAYS UP GUYS!!!

>literally not true

[Anonymous No.1431741]

>>1431691
>don't time the market


your face is a fucking penis.

>>1431737
just look at the charts.
now babby.. tell me at what points you would rather put your money in?

[Anonymous No.1431743]

>>1431726
>Is this market timing
Yes.

Not choosing to invest in equities because they're too volatile, because your investing horizon is too short, or because they don't meeting your growth and income needs is perfectly fine and normal.

Not choosing to invest in equities because you have a prediction about the short-term future price of equities is timing the market.

>>1431733
>the net asset value of the fund(s) is not decided by the market but, instead, by the fund(s) manager(s)
Literally WTF? Please Google "mark to market" and get started on a sound financial education.

>>1431738
>VANGAURD IS ALWAYS UP GUYS!!!
>shows short term chart of S&P 500
Vanguard isn't a stock, dummy. There are probably 50 companies that have S&P 500 funds, some with fees as low as Vanguard. Go choose them if you want. No one cares.

Did Jack Bogle touch you as a child?

[Anonymous No.1431749]

>>1431743
>vanguard isn't a stock.

fuck do you think we are talking about here
the vanguard total market index fund is a publicly traded stock...

surely were not on the same planet here

or you just a troll contrarian who does this as a means of attention and social interaction?

you should ask that person you have a crush on on a date , and just see how it goes.


http://www.nasdaq.com/symbol/voo/stock-chart

[Anonymous No.1431751]

>>1431738
That's only one fund that they manage bud.

>>1431737
Do your own research and DD. But look at the dips in my picture. All excellent buying opportunities as long as you don't freak out on the day-of and remember "the markets (usually) always go up."

[Anonymous No.1431756]

>>1431741
>tell me at what points you would rather put your money in?

I don't own a time machine.
I don't own a crystal ball.
Therefore, I don't time the market.

[Anonymous No.1431759]

>>1431749
>the vanguard total market index fund is a publicly traded stock...
Actually it's not. And when you have enough financial education to understand why it's not, then we can resume this conversation.

[Anonymous No.1431760]

yfw you realize that VOO

cannnot out perform or perform any better than a company


because it is in effect a conglomeration of companies, and lives and dies by the success of the companies inside it.

its not some fucking magic financial instrument moon mission

[Anonymous No.1431763]

>>1431759
it is ass face.
i could buy it right now if i was a dumbass and thought it was a good asset to weigh down my portfolio with.


i love how u are condescendingly talking down 2 me while being completely wrong.

[Anonymous No.1431764]

>>1431743
Marking to market is no different than what I said bud. Marking your assets to current market value when calculating the net asset value of a mutual fund is one of the only ways to do it kiddo.

>http://www.investopedia.com/ask/answers/04/032604.asp

>>1431749
Nowhere does anyone in this thread state that $VOO is representative of the entirety of Vanguard.

[Anonymous No.1431767]

>>1431193
>put it in the fund and let it sit till your 60 anon. a lot of people dont want to wait till their 60 but dont realize they still have another 20-30 years to go after that.
This advice is such a fucking meme

When you're in your late teens / early 20's you need a down payment for a house, you need a car, you need furniture for the house, you need to either pay for further education or have an emergency fund - and all you faggots sperg about "muh 60 year old $1M fund"

Fucking hell OP just put the $100k in bonds, get about 3% returns to keep it at inflation, then when you finally inherit it or when your mom agrees to give it to you, use it to get ahead in life, not to invest in a future walking frame and geriatric swinger parties

[Anonymous No.1431769]

>>1431763
It's an ETF not a stock. He's just arguing semantics because he had his first Finance course at university recently. By "stock" you're meaning "security" and by "stock" he's meaning "equity." Make sense?

[Anonymous No.1431770]

>>1431395
The explanation is their commission is probably better if they take consistent deposits over the year vs a large deposit and then nothing. It looks better on paper, makes them look like better salesmen etc.

I bet anything on fucking Earth that it's entirely the salesman (aka adviser) crafting his own paycheck

[Anonymous No.1431771]

>>1431764
i thot u knew what we were talking about when the op said
VANGUARD INDEX FUND = VOO
i didn't know you were an autistic contrarian fool.

[Anonymous No.1431772]

>this vanguard meme still going on

With 100k, pick three-ten different areas. It could be gold, oil, us equities, euro equities, and currencies, or it could be a different mix up. Learn how to actually diversify your risk and learn how to neutralize risk. (which are two different things) Look up common allocations for each type of instrument you are holding. (most people do gold at 5%)

You also probably don't want to put all the money into one account with one company. If you want to honestly manage that amount of money, you're going to have to put some work into it. If not, just get someone else to manage it for you.

[Anonymous No.1431773]

>>1431160
Timing the market is less important than what your mother wants to do.
Maybe she wants to put money aside for your education, maybe she wants to use it as a pension, maybe she just wants to keep it safe with no risk of capital loss.
An independent financial advisor can design a solution that meets her needs and is also tax efficient. Find a good one and pay a fee up front for a plan. The bank advisor is likely to only recommend the bank's products or funds which pay the most commission.
You can become her money manager in simple scenarios if you're willing to learn. However for $100k, paying ~0.5% for professional advice now could save her a lot of money in the long term.

[Anonymous No.1431774]

>>1431767
>Early 20's
>needing a down payment for shit that you actually don't NEED
This is why investing should be barred from kids under 25.

[Anonymous No.1431775]

>>1431770
actually its quite the opposite.

big number always looks better.
and it makes the lump sum less liquid.
as opposed to being able 2 stop the drip and redirect it.

[Anonymous No.1431776]

>>1431738
>those tabs
>those programs
>this much financial illiteracy

Jesus fuck. My eyes are bleeding. You are disgusting human garbage of some weird normie variety. You must go back.

[Anonymous No.1431778]

>>1431771
He asked if he should buy VOO and VOOG and literally didn't know anything else about them in this post:
>>1431548
Stop trying so hard, you're going to hurt yourself.

[Anonymous No.1431780]

>>1431660
Glad I didn't dump all my money in the market in 2008. Cost averaging to me is better.

[Anonymous No.1431781]

>>1431764
>what I said bud
What you said was that fund managers set the NAV. Which is demonstrably and provably false. It's entirely based on the market and market prices.

This is a HIGHLY regulated industry. Federal statutes exist to govern this exact question. Stop pretending like there's some gray area here.

>>1431770
This.

Advisor: Why do one trade when I can make at least 12 commissions a year by convincing you to DCA?

[Anonymous No.1431782]

>>1431774
Exactly. Under 25's need the money for living now and setting up their lives, not for planning ahead.

Then once you're all set up and comfortable, you can double your retirement efforts and catch up and then surpass what these spergs have saved up.

[Anonymous No.1431783]

>>1431751
>Do your own research and DD. But look at the dips in my picture. All excellent buying opportunities as long as you don't freak out on the day-of and remember "the markets (usually) always go up."

>2011 with $100k. Dow is 11000
>"I want to invest but stocks are overpriced! I'll time the market and wait for a dip!"
>2012 Dow is 13000
>Dow then dips to 12200.
>Buying some! I'm so glad I waited for a dip!

[Anonymous No.1431786]

>>1431781
you can dollar cost average your own money into an index stock thru any brokerage.

you dont need to pay someone to do it for you.

[Anonymous No.1431787]

>>1431780
>Glad I didn't dump all my money in the market in 2008.
Yeah, that would probably be one of the 33% of cases where DCA outperformed LSI. Math is funny that way.

Then again, if we all had perfect hindsight, we'd all be perfect investors. But we don't and we aren't. If Strategy A haas a 66% of doing better than Strategy B, I'm picking Strategy A even though its possible it'll turn out to be the wrong choice. That's called living a smart life.

[Anonymous No.1431788]

>>1431775
I've worked in banking/finance. If the adviser took in a large sum and then nothing, that means he met that months targets. If he doesn't meet next months targets, he's flagged. It also means if he took in a huge sum at once, and then nothing for a while, he can show a contraction in his portfolios when compared year on year

[Anonymous No.1431789]

>>1431781
The Net Asset Value is most definitely set by the fund managers man are you fucking stupid? The NAV of a mutual fund is calculated by taking the summation of all stocks, bonds, and other securities (inc. cash) in the portfolio then subtracting operating expenses as well as the MANAGER's SALARY then dividing that number by the total number of shares of the mutual fund outstanding. How the portfolio is doing is important but how much fucking money the manager takes as payment (either as salary or as op. exp.) is even more important. Maybe you should pay more attention in your introductory finance courses.

[Anonymous No.1431794]

>>1431787
>2008
>Yeah, that would probably be one of the 33% of cases where DCA outperformed LSI.

??? You can't be serious.

[Anonymous No.1431795]

>>1431789
So you're using all caps to tell us that NAV reflects a funds internal expenses?

SHOCKING NEWS EVERYONE. THE NAV REFLECTS THE LIQUIDATION VALUE THAT A HOLDER WOULD RECEIVE IF THE FUND CLOSED.

/s

[Anonymous No.1431796]

>>1431738
and while ur pathetic index fund is drooping your entire life savings....

[Anonymous No.1431802]

>>1431795
Protip: closed-end funds can trade at over (or under) NAV so the liquidation value for a closed-end fund can be less than the NAV of the fund, it's not always the liquidation value of the fund that equals the net asset value.

Yet again, pay more attention in your introductory finance courses.

[Anonymous No.1431804]

>>1431796
Oh look who it is, that dumbass kid that bought Zillow and thought he knew more than that guy with the huge portfolio with steady returns.

[Anonymous No.1431805]

>>1431796
that account has only been open 2 months mind you
hey VOO shill. go head and post ur portfolio today.
i know ur out there.

[Anonymous No.1431807]

>>1431804
post it faggot.

money talks bs walks.

u dont know more than me about finance because ur granddaddy left you a trust fund faggot.

[Anonymous No.1431833]

>>1431796
>+3.64%

Meanwhile...

My "pathetic index fund" Vanguard 500 ETF (VOO) is +5.81% over 2 months.

[Anonymous No.1431835]

>>1431160
What is the best fund platform to buy Vanguard?

[Anonymous No.1431837]

>>1431835

You can't "buy Vanguard". You can buy Vanguard products (ETFs and mutual funds) though.

[Anonymous No.1431843]

>>1431833
you mean 3 months. big difference.

[Anonymous No.1431855]

>>1431833
and be honest. you only get bout 6% a year.
so you guys are due for your big dip.
if i were u i would pull it all out right now while u are unrealistically bubbled.
then push back in after it collapeses.

but your not going to . so in 4 months im gonna be here with 50% gains
and you;ll probably be at that same 5%.

and you'll be bummed out for like 2 months str9
lmfao.

[Anonymous No.1431927]

>>1431837
So I would have to choose between ETF or mutual, are there many differences?

[Anonymous No.1431935]

>>1431927
Read this book

[Anonymous No.1431939]

>>1431935
John Bogle is the founder and retired CEO of The Vanguard Group who has an estimated net worth of $80 million. He is best known as the author of the 1999 book Common Sense in Mutual Funds: New Imperatives for the Intelligent Investor. The book became a best seller and is considered a classic.
John Bogle Net Worth - TheRichest
www.therichest.com/celebnetworth/celebrity-business/investors/john-bogle-net-worth/

Ray Dalio
15.9B USD

Charlie Munger
1.3B USD

Warren Buffett
64.7B USD

[Anonymous No.1432072]

>>1431807
Stop being so mad at people with more money than you. Just because you're broke and have to use Robinhood doesn't mean that other people haven't been working longer than you and have larger portfolios than you. You're just showing your immaturity and stupidity mate.

[Anonymous No.1432096]

>>1432072
that why ur ornery , cuz ur precious voo lost you money , while my goog recomendation made u cash?


theres still time 2 push into zillow btw.

its gonn pop up 2 39 within the few months.

[Anonymous No.1432106]

>>1432096
You never once recommended Google. You shilled Uber and Zillow (both of which are pieces of shit, though for different reasons). I'm also not invested in $VOO, can you even read anything on that portfolio snapshot?

See anything wrong with the chart attached to this post? (I'll wait)

[Anonymous No.1432114]

>>1432106
i always recommend google.

i don't see anything wrong with zillow.

thats the wrong chart btw.

spy voo same goddamn thing.

[Anonymous No.1432128]

>>1432114
This thread is about Vanguard mutual funds, not the $SPY ETF. I'm still up $700 on SPY so I'm not too worried about minor dips.

As for the chart, you can't say "that's the wrong chart" when a chart doesn't look the way you'd like for it to. It's very much the chart of Zillow's price plotted against time over the last 2 or so years. It's a piece of shit buy, deal with it.

If you don't have anything to add to the discussion of mutual funds I'm not sure why you'd even come into this thread in the first place? Do you enjoy roleplaying that much? Do you need to post some screenshots of your Robinhood account to try and seek some validation on an online cooking-show discussion board? Maybe you just like 'sperging out?

[Anonymous No.1432131]

>>1432128
you're ill informed. and mad that my portfolio posts more gainz than urs.

deal with it trust fund jabroni

[Anonymous No.1432138]

>>1432131
Post your portfolio then kid. I can promise you're not up $500, much less $1,666, after today's trading session. Go ahead and post it thinking you pulling in 4% on a 200 portfolio is anything like me pulling in 2% on a $100k portfolio.

[Anonymous No.1432147]

>>1432138
if my grandpa died i'd have a few 100 k 2 , but hes still alive.

you think hes proud of you waving all his hard earned money around on an internet forum?

[Anonymous No.1432155]

>>1432147
Post your portfolio. If you don't then you're a broke idiot who is roleplaying and talking out of the side of his head on an Indonesian Olympic rowing message board.

[Anonymous No.1432167]

>>143215

[Anonymous No.1432180]

>>1432167
$BRCM's last price was $35.09? Broadcom hasn't traded sub-$45 in quite a while bud. Maybe post an up-to-date snapshot of your portfolio.

[Anonymous No.1432182]

>>1432180
why ? cant cope with the fact that someone out there has 10x's as much money as you just sitting around in a portfolio?

[Anonymous No.1432188]

>>1432182
I don't believe that's an actual portfolio, much less yours. All of those "Last Price" quotes are really stale (old) so it's not a recent portfolio and the way that system is set up looks phony ("Reset Portfolio" as well as "Buy/Sell" under the Action tab as opposed to "Cover short" for shorts and just plain "Sell" for longs).

[Anonymous No.1432195]

>>1432188
yea well i dont believe the one u posted is yours. so i guess were at a stale mate.
why dont u chill ur ass out ur all bent out of shape.

[Anonymous No.1432198]

>>1432195
Yeah that's what I thought kid. Here's the exact same account I showed you before with a sell order reducing Netflix's weight within the portfolio. Stop roleplaying on this board.

[Anonymous No.1432202]

>>1432198
this is the worst portfolio ive ever seen
please, stop what you are doing
(well, actually, don't, cause dumb money is always a necessity)

[Anonymous No.1432203]

>>1432198
so this is what ppl grieving their grandfathers death do with their newfound inheritance.

parade around on forums pretending to be hot shot moguls.

lol.

i feel sorry for you.

it aint gonna bring grandpapy bak sweetheart.

[Anonymous No.1432212]

>>1431669
this

[Anonymous No.1432259]

>>1431935
Is it better to buy through the Vanguard website or use an investor platform which has more scope?

[Anonymous No.1432261]

>>1432259
just buy thru brokerage.

[Anonymous No.1432282]

>>1432261
Won't they have an annual fee for managing an online account though?

[Anonymous No.1432289]

>>1432261
>just buy thru brokerage
Vanguard is a brokerage dummy.

For the guaranteed lowest fees and no commissions, open an account on the Vanguard website. If you later decide to go elsewhere, you can always transfer your holding.

[Anonymous No.1432291]

>>1432282
>>1432289
just buy thru robin hood.

free trades. fdic insured.

quick check on the phone.
extremely liquid.
lightining fast buy and sell .
welcome to 2016

[Anonymous No.1432310]

>>1431660

Of course it is, over a long period of time the market historically goes up. That doesn't mean you aren't taking a serious risk getting fully invested before a drop.

[Anonymous No.1432311]

>>1432291
>Robinhood
Does it have checkwriting?
Does it have margin accounts?
Can you trade options?
Can you place trades by phone?
Can you get 24/7 technical support, from an American no less?
Can you get decent price executions?

>no

Stick with Vanguard. RH is for children.

[Anonymous No.1432313]

>>1432310
Let's be clear here: investing before a drop is a bad idea, regardless of whether its LSI or DCA. If you are in fact Harry Potter and can accurately predict when a drop will occur, then enjoy your superior wizard returns.

But if you're just a muggle like the rest of us, then you can't accurately predict ANY short-term price movements reliably. So your statement is pointless.

[Anonymous No.1432314]

>>1432311
>can you place trades by phone
lol

i didn't know u wanted to do that. thot u just wanted to put money in a vanguard stock .lol.


i get the exact price quoted btw.

i never need tech support..
options are fucking dangerous
margin is for marks.
um...
no one writes checks lol.
its 2016

[Anonymous No.1432319]

>>1432314
>i get the exact price quoted btw.
>falling for the paid order flow meme
Enjoy your cucked delayed priced quote.

Can you open an IRA?
Can you open a 401k?
Can you open a Roth?

>no

Stick with Vanguard. RH is for children.

[Anonymous No.1432321]

>>1432319
in adult land we can have as many bank account and brokerage accounts as we want , whats wrong don't have a smart phone ?;)

[Anonymous No.1432343]

>>1432321
>we can have as many bank account and brokerage accounts as we want
True, you can do whatever you want. But having multiple accounts does expose you to the risk of multiple fees. And it makes things more difficult for tax management and reporting.

Furthermore, many brokerages offer "bonuses" based on your account value. So there are benefits to consolidating your assets in one shop rather than stashing tiny piles everywhere. For example, at Vanguard, I get free stock & option trades, free access to a financial advisor, a free annual consultation with a financial planner, a dedicated service representative, and even the ability to buy into closed funds.

Your move RH.

>Also, and its sad that I have to say this, but managing your life savings on your phone is just incredibly stupid. Your phone's data connection is one of the most insecure means of communication possible. I would never use the Vanguard app (yes, they have one) when I can just as easily make a secure phone call.

[Anonymous No.1432350]

>>1432343
>she thinks a land line is more secure than a cell phone


sorry grandma but i cant keep you company forever. i will be back to play bingo with you next month, i promise.

[Anonymous No.1432351]

>>1432350
>she thinks a land line is more secure than a cell phone
Cell voice is equally secure as a land line. Cell data is like shouting to the world.

Of course, when you only have a few hundred buck like you, this stuff doesn't really apply. You're just playing with kid money anyway. So fire up that iphone and trade, trade, trade,

[Anonymous No.1432353]

>>1432343
also. rh has no fees. unlike literally everyone else.

next your gonna be shilling fee's 2 me .

[Anonymous No.1432375]

>>1432351
yea. thats why all modern banks have apps.

thats why i can cash checks by taking pics of them.


u not only inherited grandmas money, you inherited her sensibilities .

[Anonymous No.1432393]

I put all my money in spy in 2009, didn't get the very bottom but I've more than doubled my money right now. Get a nice big fat dividend check every quarter, and I've invested the dividends in income funds to get even more cash flow.

[Anonymous No.1432633]

>>1431783
>2007 with $100k. DOW is 14k
>"I want to invest but stocks are overpriced! I'll time the market and wait for a dip!"
>2008, housing bubble bursts and Great Recession begins
>buy at 7000

Had you bought in 07, you'd have gained 32.4%.

Had you bought at the trough of the crash, you'd have gained 165%.

[Anonymous No.1432665]

>>1431743
Man
fuck

literally the only reason I don't want to plop $70k into total US stock is because a bunch of random people on the internet are going "BUY NOW BUY NOW CAN'T TIME THE MARKET BUY BUY BUY"

is this unreasonable?

[Anonymous No.1432674]

>>1432665
invest it in tranches over 7 years . then if u ever catch ur dip u can throw maybe half in.
and wait for the second dip if it comes.

[Anonymous No.1432794]

>>1432674
If I did it that way i would just make it my IRA contribution for the year

[Anonymous No.1432799]

>>1432343
>stashing all your funds in one brokerage

Bad karma. What if you've got a problem with your brokerage (for example, it denies access to your funds for whatever reason)?

Also not sure of what you mean by insecurity through cell phone.

[Anonymous No.1432806]

>>1432665
>is this unreasonable?
Don't listen to others. Don;t listen to the third-world poorfag (>>1432674). Don't listen to the media. Don't listen to me. Use your brain.

The single most important factor in predicting your success in stocks is "time in market." The longer your money is working, the more it grows. Google it to confirm.

Knowing this, the answer is easy: Invest whenever you have free cash to invest. It's just that simple.

[Anonymous No.1432810]

>>1432799
>What if you've got a problem with your brokerage (for example, it denies access to your funds for whatever reason)?
1. I don't use a shitty free internet broker, so I've never had access problems and I never will.

and

2. That's what an emergency fund is for. There is no situation where anyone should need immediate access to their invested assets. That's just bad planning.

[Anonymous No.1432869]

>>1432806
>Invest whenever you have free cash to invest. It's just that simple.

lol, who told u that, ur wealth manager?
u just buy everything that guy says huh?
M A R K
A
R
K

lol. ur dumb and why are u singling me out 2 be mean 2 me? cuz im so undeniably right and well researched all the time and it makes u jealous and insecure??


http://www.businessinsider.com/why-is-warren-buffett-keeping-34-billion-in-cash-2011-1

[Anonymous No.1432872]

>>1432810
>shitty
>internet

welcome 2 the future rip van winkle. u posting this from ur rotary phone?

[Anonymous No.1432882]

>>1432869
>Cites 5 year old article
>No explanation

[Anonymous No.1432887]

>>1432810
>I've never had access problems and I never will
A lot of people can have problems with their bank or broker for some reason. It can be a legal, technical, fiscal or financial reason, or an error, or simply someone who stole your money (a brokerage employee, etc.). The latter even happened in extremely reputable Swiss banks.

>There is no situation where anyone should need immediate access to their invested assets
Don't judge the needs of other people. Don't be close-minded. You can need to sell quickly for many legitimate reasons. And not everyone is investing to build a capital for his own retirement.

[Anonymous No.1432900]

>>1432882
dude warren buffet is 100 fuckin years old and he has been followin the strategy of half cash all his life....
i guess i just give everyone on this site the benefit of the doubt they would memorize eveything buffet has said, since he only has about 5 videos on youtube.


*sigh*

[Anonymous No.1432904]

>>1432887
>A lot of people can have problems with their bank or broker for some reason.
I respect that your cautious, and I hope you use the highest levels of security on your account. I know I do. But your post is bordering on paranoia. The American financial system has multiple levels of recourse to prevent exactly what you're worried about.

>You can need to sell quickly for many legitimate reasons.
As I said, that's what your emergency fund is for. So what are these "reasons" that require you to stash money in multiple little piles everywhere like a goblin?

[Anonymous No.1433266]

>>1432799
SIPC

[Anonymous No.1433600]

>>1432904
Okay, I'll give you a real life example (from my life) of why you can need more than your emergency fund, and why avoiding to put all your eggs in one basket is important.

>my grandfather was millionaire
>he becomes mentally ill, so I obtain guardianship to manage his assets
>most of his fortune is invested in one bank
>he also has an emergency fund in another bank
>the emergency fund is emptied right away to pay for a lot of urgent things that piled up when I wasn't his guardian
>meanwhile, the bank where all the assets are (a major bank) denies me access to the funds because they don't recognize my guardianship, they want more and more "proofs", take several months to respond (while not allowing grandpa himself to touch the funds of course), ask me to write but then ignore my letters, etc.
>I sue the bank with my own money, but the whole procedure will take a lot of time
>months pass
>still no access to the funds
>grandpa is now critically ill
>there is almost no cash left on the current accounts, so he ends up in a bad hospital where "everything is under control", according to the doctors
>I don't trust this hospital at all
>hence I need to withdraw a little bit of money (like 2% of his assets) to pay for a life-saving operation in a better hospital but that is impossible
>I can't even do it with my own money because I used all my savings to sue the bank
>I cannot take a loan either (not as a guardian because it's "special", or it takes too much time anyway)
>...
>grandpa dies without proper treatment
>two days after his death, I finally receive the authorization to use the funds

I simplified the whole story but that's it. Had the funds been divided between several places, even 5% in another bank, grandpa would still be alive today.

[Anonymous No.1433689]

>>1432167
do they put the reset portfolio button on non paper accounts?

[Anonymous No.1433730]

>>1431160

20% IN PHYSICAL SILVER AND GOLD

NO COMPROMISE

[Anonymous No.1433738]

>>1433600
>Choice between saving grandpa or suing bank
>Chooses to sue bank
>Blames bank for grandpa dying

Grats

[Anonymous No.1433761]

>>1432900
>dude warren buffet is 100 fuckin years old...blah blah goes on to defend buffet and his strategies
That's funny, earlier in this thread I could have sworn you stated this:

>>1432375
>u not only inherited grandmas money, you inherited her sensibilities

So you don't like old-school investment strategies when they make you look like you don't know what you're talking about, but you do like them when they help you prove your point? Interesting. Post that updated portfolio today or everyone will know you're just some kid on the internet roleplaying and shitposting everywhere.

I'll post mine in advance, I'm doing fine.

[Anonymous No.1433785]

>>1433600
I'm sorry for your circumstances if your story is true, but that would not happen in any civilized country. A lawyer can get a legally-binding guardianship order in a matter of days. Furthermore, if your grandfather had millions of dollars, then he should have had reasonable health insurance as part of his elder planning.

I won't cast blame in your situation, but your facts are highly unique, rare, and completely avoidable.

[Anonymous No.1433813]

>>1433761
>im doing fine.

lol you're up .30 % wow bruv

good thing you check your portfolio everyday and measure you're self esteem by it.

are we gonna do this every day out of the year?
i feel sorry for you if your ever in the red.
you gonna kill yourself?

my zillow fell to a record low,
i sold off all my other assets and bought more.

but you wouldnt understand that , cause inherting your grandmas money hasn't given you a concept of business,

dont talk to me any more u fuckin wanna be

k?

ur pathetic. truly pathetic.

[Anonymous No.1433818]

>>1433813
>Doesn't have any money so obviously everyone who has money just inherited it
>Won't listen to people who actually have/make money so will always be poor and dumb
Pick two.

Also, no portfolio update? Because the first one wasn't yours kiddo. BTFO

[Anonymous No.1433825]

>>1433818
how did you make "your" money?
please "enlighten" me.

[Anonymous No.1433829]

>>1433761
nice paper account

[Anonymous No.1433838]

>>1433818
im not gonna post my portfolio every day for you btw.
first of all , i dont work for you or answer to you.
i dont care about your everyday approval of my choices, cause i know u are a bitch made pussy.
im not gonna sit here and need it to be up every day by .001 either.
that would be emotional and faggoty

thats how the market works

im gonna make big boy calls and buy in dips and its not gonna be pretty everyday .

because im gonna be running my portfolio like anyone runs a sucessful business. buying low, valuable assets when they're are deals on the table.

you wouldn't understand that, because collecting an inheritance isn't a business.

[Anonymous No.1433844]

>>1433825
I'm a derivatives trader for Citi. Been working for about 5 years. The portfolio that I post here is just a private account that I dick around on. You never see options listed on the account because it gets sticky if I trade options (it's hard to prove you aren't insider trading when you constantly work with fucking derivatives).

[Anonymous No.1433850]

>>1433838
You're literally fucking autistic mate. It's almost jaw-dropping honestly.

[Anonymous No.1433860]

>>1432319
Can you open a vanguard account outside the U.S? It seems outside the U.S vanguard has much less options for investment and creating an online account

[Anonymous No.1433861]

>>1433844
nice role play story, does that make your play money more fun?

are you married in your fantasy?

children?

[Anonymous No.1433864]

>>1433861
Still no portfolio? Do you hold any bonds in your fantasy? Options? Swaps?

[Anonymous No.1433876]

>>1433730
>Investing in bars instead of coins

[Anonymous No.1433906]

>>1433864
yea. i have a series of about 300,000
dollars in us treasury bonds i bought in 2011

[Anonymous No.1433923]

>>1433906
*3,000,000

[Anonymous No.1433927]

>>1433860
>Can you open a vanguard account outside the U.S?
Generally no. What country are you from? There are similar alternatives or resources I can recommend for Canada, GB, and EU.

[Anonymous No.1433935]

>>1433906
they throw off about 60 k a year in passive income.
what i have left after paying my mortgage and investing in my internet start up , i put in
one of my brokerage accounts.
i have a personal account, and i run a small hobby fund (for now)

called shepherds fund.

is that okay with u , stranger?

[Anonymous No.1433940]

>>1431226
Do you have a valid reason to believe that 2017 will net you a better deal than 2016 + one years interest?

Yes. And you should short the market meanwhile.

Do you have a vague hunch about market going down but no clear rational explanation?
No.

[Anonymous No.1433974]

>>1433927
I'm from G.B, it seems the only way to access the funds are by using an online platform which charges as well, effectively increasing the admin costs.

[Anonymous No.1433996]

>>1433864
welcome to the big boy table.

[Anonymous No.1434005]

Worst /biz/ thread ever.

[Anonymous No.1434019]

>>1433974
>I'm from G.B,
This should point you to resources which allow you to invest in Vanguard or equivalent options:

https://www.bogleheads.org/wiki/UK_investing

[Anonymous No.1434036]

>>1433996
You use Robinhood, take your broke ass to work and make some money and stop roleplaying online kiddo. Also, get your followers up.

[Anonymous No.1434049]

>>1434019
Cheers for the link! That has a good summary of options available

[Anonymous No.1434137]

>>1434036
I could tell he was autistic from his posts on this thread but looking through his Instagram confirms it

[Anonymous No.1434158]

>yea. i have a series of about 3,000,000
dollars in us treasury bonds i bought in 2011

Right

[Anonymous No.1434174]

>>1434158
yea, thats the spare bedroom of a place i rented in cali while i was working at my buddys startup learning to program

[Anonymous No.1434181]

>>1434174
LOL

just gtfo you useless autistic role-playing neet nigger.

[Anonymous No.1434192]

>>1434181
is this ur idea of "doxing" me ?

linking pics to my instagram that i already linked?

[Anonymous No.1434226]

>>1434036
changing the file name to a picture of me doesn't change my earning power, intelligence or talents, or assets or title.

[Anonymous No.1435026]

>>1431160
If the banker recommends an annuity GET THE FUCK OUT OF THERE. Remember to ask if he's a fiduciary.

[Anonymous No.1435048]

>>1434226
Kid I work for Citi, I promise I'm not impressed by your bullshit stories. The thing is, you aren't successful, you just have this "character" so to speak that you play as when you're investing or (for whatever reason) when you're on this board. This character is everything you're not in life (rich, smart, has a solid job in finance, not ugly). We all recognize it almost immediately by how you post and the shitty advice that you give constantly even though nobody asks for it. Come back to Earth, get an actual job and make some money, start listening to people more successful than you, and get off this American cheeseburger-rating image board.

[Anonymous No.1435062]

>>1435048

still mad huh?

[Anonymous No.1435090]

>>1435062
Still broke huh?

Prove you aren't roleplaying. Tell me how you went about purchasing $3mm worth of treasuries like you claimed earlier in this thread. What exchange/broker/platform did you use, what price did you pay, and what are the specifics about the treasuries (what type of treasury securities were they, maturity, yield, etc.).
Go ahead and keep embarrassing yourself in front of people you'll never meet.

[Anonymous No.1435091]

What stock should I invest with a 457?

[Anonymous No.1435094]

>>1435091
Growth stocks with low beta and attractive alpha. You don't want to have to liquidate the position on any security due to a price dip and end up paying taxes on it (I'm pretty sure liquidation of assets causes taxes to be applied to a 457 plan, not 100% though). Here's a few from the top of my head:
>Coca-Cola (KO)
>Consolidated Edison (ED)
>General Mills (GIS)
>Procter and Gamble (PG)
Shit like that mate.

[Anonymous No.1435125]

>>1435090
https://www.treasury.gov/services/Pages/Savings-Bonds.aspx

stay mad hater ;) :x <3

[Anonymous No.1435179]

>>1435125
>calls other people grandma
>buys savings bonds
Enjoy that sweet Series EE 0.10% rate. You'll be rich by the time hell freezes over.

[Anonymous No.1435183]

>>1435125
You posted a link to the Treasury's website where they state that they no longer sell paper savings bonds via OTC channels? What did you think this proved? hahaha

[Anonymous No.1435316]

>>1435183
yes. my brokerage doesn't sell paper stock certificates either. would be pimp as fuck tho desu imo senpai .

[Anonymous No.1435464]

>>1431760
So what you're saying is...

Trumpcoing

[Anonymous No.1435472]

>>1435464
no...
i would never say that.
DON'T YOU EVER SAY THAT TO ME.

[Anonymous No.1435967]

>>1433876

I never specified bars.

Coins are ok if you can get a good premium. Got a 1 oz Krugerrand for $24.95 over spot from Provident.

[Anonymous No.1435978]

>>1431669
former VG intern - net inflows are in excess of a billion a day

>they don't give a fuck about you lol

[Anonymous No.1436015]

>>1435967
I prefer maple leaf abrasions just because I like my gold 9999 fine.

Lowest premiums I've ever seen.

Plus, you can fondle them with bare hands seeing as they're scratched anyway.

[Anonymous No.1436029]

ETFs are working fine

[Anonymous No.1436144]

>>1433738
Grandpa wasn't critically ill (no big problem in sight) when I sued the bank. And the procedure really took longer than the lawyer and I expected.

>>1433785
It is not in America, but still a first world country. Justice is quite slow here, especially in guardianship matters where it often takes one year to get anything done.

Anyway, I can think of other cases where quick access to the funds is necessary: donations or inheritance, divorce, relocation to a new country, creation of a trust fund, new business venture, new asset allocation, luxury purchases, vanity projects, lack of trust in the bank, paying a top lawyer, paying damages, paying big fines or IRS penalties, paying for any kind of large expense that can't be financed in a satisfactory manner, etc.

I agree to say that there are serious benefits (like simplicity, lower fees, new investment opportunities, various perks...) to stash the majority of your funds in one place. But I'd never put more than two thirds of my assets in one bank or brokerage.

(In my experience, using more than four banks or brokerages consume too much time and money.)

[Anonymous No.1436149]

>>1432182
>>1432202
It's not even real, he is playing on Investopedia...

[Anonymous No.1436150]

>>1436144
>It is not in America

Then fuck off from the american website about american finance? I am fucking sick of europoors.

[Anonymous No.1436159]

>>1431160

buy monero.

[Anonymous No.1436161]

>>1436144
>donations or inheritance, divorce, relocation to a new country, creation of a trust fund, new business venture, new asset allocation, luxury purchases, vanity projects, lack of trust in the bank, paying a top lawyer, paying damages, paying big fines or IRS penalties, paying for any kind of large expense that can't be financed in a satisfactory manner, etc.
None of these require quick access to invested funds, and all or most can be predicted and planned or timed to a substantial degree. I'm sorry, but you're failing to make a convincing case that spreading your money around does any more good than harm.

[Anonymous No.1436196]

>>1436161
>None of these require quick access to invested funds
It depends. By "quick access" I mean less than one year obviously (the European version of "quick").

To give you examples of our Yuro pace, it takes 1 to 2 months to open a bank account, 3 to 12 months to sell a house (after you found an agreement with the buyer), 24 to 36 months to expel a tenant that doesn't pay, etc.

So "quick" means "just a few months" (at the pace of the various events I previously named), not "just a few hours or days". And if you have a problem with your bank or broker, be ready to wait a really long time without touching your money.

Don't know how fast these things go in America, but it's never wrong to be somewhat prudent.

>>1436150
>website about american finance
lol

[Anonymous No.1436357]

>>1436196
>it takes 1 to 2 months to open a bank account
It generally takes 1 hour in America.
>3 to 12 months to sell a house (after you found an agreement with the buyer)
It generally takes 1 month in America.
>24 to 36 months to expel a tenant that doesn't pay
It generally takes 1-6 months in America.

I'm not going to debate with you any further because its clear that you're coming from a different world than most of us. All I can ask is that if you give advice like this in the future, please condition your statements with the country that you live in. Most of the financially civilized world moves at a faster pace. Your advice may be appropriate for your neighbors, but not for most of 4chan.

>it's never wrong to be somewhat prudent
Yes it is, for example, when that prudency is unwarranted and costs you money.

[Anonymous No.1436438]

>>1436196
>our Yuro pace
That is your pace.

In scandifagland, nothing takes as long as what you just mentioned. Instant bank account. 1 week for them to print and deliver your debitcard.

Houses you can sell pretty much straight away. No way it would take 24-36 months to expel a tenant.

Lemme guess, you are German?

[Anonymous No.1436694]

>>1436196
In Portugal it took me 5 minutes to open a bank account. They printed the debit card and handed it to me on the spot.

Git gud

[Anonymous No.1436888]

>>1436438
>>1436694
These were examples, but what really counts is how fast you can recover your money when there's a problem with your bank or broker.

And it's not like certain European banks are in big trouble right now... right?

>>1436357
Hope you're not a customer of the next brokerage that will suddenly pop. Remember MF Global? Also hope you'll never desperately need more than $10k or $15k the day you have problems with your broker.

I don't advocate "stashing money in multiple little piles everywhere like a goblin", as you quipped it. Just not being stupid by putting 99% of your net worth on your Lehman Brothers account (it's 2007 guys, there's virtually no risk!!!), or in a brokerage you heedlessly think you can trust (hint: it's too late when you realize they weren't that trustworthy).

[Anonymous No.1436904]

>>1436888
why not just put your money in your own farmland, and guns?

[Anonymous No.1436922]

>>1436888
>Remember MF Global?
They were a commodities and derivatives broker, not a retail brokerage. In other words, not where the Common Joe would be putting their live savings.

>hope you'll never desperately need more than $10k or $15k the day you have problems with your broker.
For the third time, that's what an emergency fund is for. Are you being deliberately obtuse?

>Lehman Brothers
The only portion of Lehman that went bankruptcy was the private equity and in-house trading business. Lehman had long before divested it brokerage business, and the asset management division was excluded from the chapter 11 filing.

Your examples just aren't applicable to this thread or the advice being given here. (Not to mention, no customers of MF Global or Lehman lost their money.)

I've made my point here. You're free to conduct your banking however you choose. Just please stop giving bad advice to others.

[Anonymous No.1437585]

I don't see how investing in timed DIPS isn't a good strategy.

Let us say you have unlimited time frame to wait (uber long time investment).

Now let us say you follow indices.

On some days there is a big DIP (it is obvious).

When it happens, you simply buy.

What if it goes down? You buy more.

Or just wait, it will always go up on a long enough timescale.

This prevents you from buying at the top, which sucks major donkey balls.

How is my strategy flawed?

[Anonymous No.1437589]

Guys, I'm 30 and will be investing about 6k every 3 months into indices. I'm planning on holding real term and taking advantage of compounding.

My allocation:
VTI - 60%
VXUS - 30%
BND - 10%

Is it good?

[Anonymous No.1437593]

>>1431767
>This advice is such a fucking meme
Are you stupid? How is legitimate advice a "meme". Memes are cartoon images, you are rendered debil.

>When you're in your late teens / early 20's you need a down payment for a house, you need a car, you need furniture for the house,

No, you don't really need those things. If you can't buy a house in cash and the car in cash, you are doing it wrong and should be earning more. If you aren't earning enough, just put everything in indices. I'm talking 90% of income.

>you need to either pay for further education or have an emergency fund - and all you faggots sperg about "muh 60 year old $1M fund"

Emergency fund is 6 months living expenses, you can't save that up?

You should be earning more son, if this all is a problem for you.

[Anonymous No.1437596]

>>1431772
Stock picking does not work.

[Anonymous No.1437604]

>>1431855
>if i were u i would pull it all out right now while u are unrealistically bubbled.

Cool crystal ball. What technical and fundamental analysis are you using to conclude this?

Be very specific please. I'd like to see your calculations.

[Anonymous No.1437612]

>>1432167
Can you share your fundamental and technical analysis that you use for investing? Please, I want to learn and also get rich.

[Anonymous No.1437636]

>>1432665
Do what I did.

Invest regularly from your income, but keep a sum of 20k or so to invest additionally if a DIP happens.

[Anonymous No.1437644]

>>1433730
Investing in gold or precious metals is autistic as fuck.

What will gold produce for you eh?

Its like investing in rare magic the gathering cards. Greater fool theory all over.

[Anonymous No.1437650]

>>1434036
lol I knew he was young and black from all the shit he is spewing. The kid is gonna get burned hard.

[Anonymous No.1438118]

>>1436922
>that's what an emergency fund is for
How much are you putting in your emergency fund? I thought 10k or 15k was the average emergency fund, hence my remarks.

>stop giving bad advice to others
You make it sound like having 10% or 20% of your assets in a second brokerage, and a second bank account, will be a ludicrous and incredibly costly mistake. It's not. (Actually it's free.)

Just go see the very high number of complaints made by people who can't get their money back from Vanguard or Fidelity in a timely manner (several months), or who got their account frozen for no legit reason, or who weren't recognized after they inherited, or whose orders were ignored... and had serious problems because of that.

That's why (that and the risk of losing most of your money if the brokerage disappears, if there's a security breach, a theft, etc.) you have one or two backup accounts and don't put all eggs in same basket.

Even the most basic peasant knows that.

But you're going to maintain that people never ever need quick access to their own money, and that American brokerages are all marvelous + flawless institutions, so why bother?

[Anonymous No.1438126]

>>1437593
You're a fucking idiot. How pathetic.

[Anonymous No.1438127]

>>1437589
Good, but will you be able to stomach wild swings and bear markets?

Can you accept to see your portfolio losing 20%, 30%, 40%, or even more, with no signs of recovery on the horizon?

[Anonymous No.1438181]

>>1438118
>How much are you putting in your emergency fund? I thought 10k or 15k was the average emergency fund
The adequacy of an emergency fund isn't measured in dollars; it's measured in months of ordinary living expenses. Not everyone has the same cost of living or standard of living, so there is no one-size fits all benchmark. Some people have a mortgage; others don't. Some people live in expensive cities, others don't. Etc.

Additionally, since the most common use of an emergency fund is to replace your income in case of a wage/salary interruption (termination, layoff, illness, etc.) the size of your emergency fund is also dependant on the type of job you have and the approximate amount of time it might take to find a similar job if necessary.

For common laborers, minimum-wage types, etc., that might be three months. For low-level white collar job, office works, and skilled labor, maybe closer to six months is better As you age and have both more seniority and more assets to protect, your emergency fund can appropriate grow to 9-12 months or even longer.

>Just go see the very high number of complaints made by people who can't get their money back from Vanguard or Fidelity in a timely manner (several months), or who got their account frozen for no legit reason, or who weren't recognized after they inherited, or whose orders were ignored... and had serious problems because of that
[Citation missing.] I think your imagining a problem that doesn't really exist. Yes, your emergency fund should be separate from your invested assets, but beyond that I don't see the point.

>>1437585
>(it is obvious).
All of your other posts were really good, including your fund allocation strategy. You confidence in your supposed ability to see and take advantage of market volatility is suspect. For someone who seems to know and understand the markets as well as you do, I'm surprised that you think your can, in any reliable way, predict short-term price moves.

[Anonymous No.1438188]

>>1431395
>Is there any explanation for that?

No. There isn't. People trying to time the markets are plebs, just choose investments and make them

[Anonymous No.1438190]

>>1431522
>>1431541

Vanguard are cheap, and nicely managed passive products.

[Anonymous No.1438195]

>>1431741

When you have a chart which perfectly predicts the future, as opposed to being a giant retard and pointing out the past, then you'll have a good point.

Until then shut the fuck up and stop trying to time the markets

[Anonymous No.1438223]

>>1438181
>[Citation missing.]
Just a link among others:

https://www.consumeraffairs.com/automated-investment-services/vanguard.html

Maybe they're all shills working for other companies? But every major broker takes harsh reviews on this site.

[Anonymous No.1438612]

>>1438223
>all shills
I saw maybe three complaints about accessing accounts, all related to a family member trying to take control of someone's account they claim is incompetent (a rampant source of fraud, btw). Three complaints out of millions of customers.

As I said, you are free to worry about whatever you want to worry about. But exaggerating claims that Vanguard is suddenly going to deny access to your money is just stupid.

[Anonymous No.1439685]

>>1438126
Can you give fundamental technical analysis on claim? Name calling is not a legitimate argument.

[Anonymous No.1439786]

>>1437636

Invest your emergency fund in a dip? That's a pretty good advice to be honest.

[Anonymous No.1441418]

>>1438127
>Can you accept to see your portfolio losing 20%, 30%, 40%, or even more, with no signs of recovery on the horizon?


Sure I can. This is very long term investment (20+ years) and I don't really need the money. If market drops, I will buy more (I have money set aside for this exact purpose).

BUY
THE
DIP

[Anonymous No.1441419]

>>1438181
>All of your other posts were really good, including your fund allocation strategy. You confidence in your supposed ability to see and take advantage of market volatility is suspect. For someone who seems to know and understand the markets as well as you do, I'm surprised that you think your can, in any reliable way, predict short-term price moves.

Actually, that post was kind of trolling a bit, I just wanted to see how people will refute that strategy and if it will comply with my idea of investing.

I don't really think you should wait for DIPs, but I do think you can buy a little bit more when there is a recession.

[Anonymous No.1441421]

>>1439786
>Invest your emergency fund in a dip? That's a pretty good advice to be honest.

Incorrect. Emergency fund is something I never touch.

Extra money is just money that I have laying around. I invest portions of it every 4 months into indices. If there is a recession, I just invest a larger portion of it.