Seems a good direction considering the price if fuel.at RIVN, electric car company...
However, the states are now socking it to the electrics with high charging fees, to offset lost gas taxes.Seems a good direction considering the price if fuel.
How can they tell if you're charging at home?However, the states are now socking it to the electrics with high charging fees, to offset lost gas taxes.
They don't, just like no gas tax at home. Travel away from home and you either pay gas tax, or charging fee. The charging fee is based on replacing lost gas tax revenue, so the more electric cars taking away gas tax, then the higher charging fees.How can they tell if you're charging at home?
Milliken guy huh?I am buying more amazon Monday. Expectation from the talking heads was amazon is positioning itself for a 20-1 split in June to make its large purchase price more attractive to smaller buyers…surge should occur once they split. Buy now and hoping the new buyers will send it soaring.
also look at RIVN, electric car company…the CEO just bought million dollars worth the other day..always a good sign when the insiders buy more of their own.
other to consider now or very soon:
S&P 500
TR Price science /tech
TR Price small cap
TR Price mid cap
I never understand why the nominal price matters when we now have fractional shares. Heck, Berkshire class A is the price of a house but you can buy 0.01 shares. Maybe it is psychologically important though.I am buying more amazon Monday. Expectation from the talking heads was amazon is positioning itself for a 20-1 split in June to make its large purchase price more attractive to smaller buyers…surge should occur once they split. Buy now and hoping the new buyers will send it soaring.
also look at RIVN, electric car company…the CEO just bought million dollars worth the other day..always a good sign when the insiders buy more of their own.
other to consider now or very soon:
S&P 500
TR Price science /tech
TR Price small cap
TR Price mid cap
Buying. Always buying. Never not buying.
Even if you are always sailing, as I am as well, you should still adjust your sails and path depending on the winds.In for the long haul. Been through many market fluctuations for the last 20 years. Long gamer.
Too analytical. Just buy historically good issues and keep buying them. I had to stop buying for part of a year while I sorted out some medical expenses at home. As soon as I was clear, I resumed buying, even at a somewhat lesser pace.Even if you are always sailing, as I am as well, you should still adjust your sails and path depending on the winds.
I always found that even a conditional sell order would be triggered in my portfolio immediately before rallies. But I always found it foolish to buy in the same extent all the time.
But more to the point: right now the markets seem to be adjusting based on fear of many things that might not happen. A little good news would go a long way and we will probably see that before the midterm elections, one way or another.
Look at the historical chart of any good stock. All of them have crashed occasionally. "Too analytical". Wow, what a lazy expression. BS. There is no other way to be when it comes to life and money.Too analytical. Just buy historically good issues and keep buying them. I had to stop buying for part of a year while I sorted out some medical expenses at home. As soon as I was clear, I resumed buying, even at a somewhat lesser pace.
That first statement is so understood, I'm surprised you put it in there. That's what diversification is all about. If you're in for the long term, you need a philosophy. I have one. I buy systematically. It has served me exceedingly well. I have an advisor. I don't consider that a lazy approach. He has served me well also.Look at the historical chart of any good stock. All of them have crashed occasionally. "Too analytical". Wow, what a lazy expression. BS. There is no other way to be when it comes to life and money.
No, but I recognize a Milliken man because his portfolio is heavy in T Rowe funds. I manage money and anytime I see T Rowe I think Milliken.Hey I use to work for milliken! You?
I respect your opinion and you have the right to it, and quite frankly if that’s all you’re doing, that’s all you need. But there are folks who have somewhat more complicated needs and paying my 1% fee is a small price to pay for peace of mind that it’s done by a professional with two degrees, two licenses, backed by a trillion dollar money manager, insured, and can handle everything from retirement planning all the way to transitioning an estate.I pretty much stay fully invested. I'm not a fan of Jim Cramer. But, I do believe he is right when he says there's always a bull market somewhere. I don't invest based on what any one person recommends. I listen but, I do my own follow-up homework. I confirm. I don't pay a broker or financial advisor. I do it myself. I'm not about to pay a 2% fee or whatever fee they charge these days. If I did not take the time to do my own homework, I'd buy an index fund like Vanguard's and pay .01 to .010, not 2%+. I believe I read somewhere that only 20% of fund managers consistently outperform the S&P 500. 20% vs 80%????? I don't like those odds. If I'm not taking the time to do it myself, I'd go into etf index funds like VOO. Warren Buffett, one of the greatest investors ever, has told his trustee to put his wife's inheritance, after Buffett passes, 90% in a very low fee stock index fund and 10% in short-term government bonds. That sends a strong message.
Oh yes, if more than just managing the investments is involved....certainly. But if they are just hiring to beat the market, then an index fund is the way to go.I respect your opinion and you have the right to it, and quite frankly if that’s all you’re doing, that’s all you need. But there are folks who have somewhat more complicated needs and paying my 1% fee is a small price to pay for peace of mind that it’s done by a professional with two degrees, two licenses, backed by a trillion dollar money manager, insured, and can handle everything from retirement planning all the way to transitioning an estate.
No sir, although i admit i have been heavy in the 500, Price S&T, Price small cap for 3 decades and they have built me a very strong retirement bank. I dumped the same price funds in my 401K but did it about a month later than i should. i really do enjoy some day trading for the challenge but not recommended for just anyone by any means. I went thru with my plan and bought 50 more shares Amazon only to see me give up my gains today. Luckily I am in it for the long haul.Milliken guy huh?
An index fund cannot beat the market. That’s literally the only thing it won’t do. It’s indexed to the market. If you buy a s&p500 fund, it does exactly what that index does.Oh yes, if more than just managing the investments is involved....certainly. But if they are just hiring to beat the market, then an index fund is the way to go.
First of all, I'd be remiss if I did not applaud you/your firm. Your fee is reasonable and you provide, it looks to me, a comprehensive service.An index fund cannot beat the market. That’s literally the only thing it won’t do. It’s indexed to the market. If you buy a s&p500 fund, it does exactly what that index does.
I read yesterday that the most recent inflation rate came in less than half of what it was in the prior month. Hopefully, that will be good for the market. Time will tell though.selling, or waiting?
Very nice! Thanks for the kind wordsFirst of all, I'd be remiss if I did not applaud you/your firm. Your fee is reasonable and you provide, it looks to me, a comprehensive service.
You are absolutely right. I was inarticulate in what I was trying to say. It pretty much matches the market, which then in turn puts you near the top of all investors, which is nothing to be ashamed of.
My personal investment goals are higher and always:
1. beat inflation by at least 10%:
2. beat the S&P 500 index by at least 12%; and
3. have an overall total return of at least 25%.
But, if an investor can just match the S&P 500, he/she should be pleased.
I don't understand why people put themselves through that, but some folks enjoy their neuroses, I guess.Those who try to time the market, really have a tough call. The market is up 6% since this thread started. Do you trust that or are you still doubting? For those of us who stay invested and/or dollar-cost average into the market, it is a non-issue. But, for the rest, it's hair-pulling time.
Is there a way to private message someone on here?I’ve got three out of 386 clients who insisted on liquidating within the last two weeks. I begged them not to. I’m sure they’ll call me in two months and ask me to put them back in the market.
Yes. I have sent you instructions.Is there a way to private message someone on here?
I have used an agent since 2002 when I retired and moved my IRA from the company. He changed financial groups in 2012 and I have averaged around 9 % since that date. Being retired I am a little conservative, but have about 40 % in stocks (Microsoft, Costo, Medtronic, Proctor & Gamble, etc. with the balance in index funds, and fixed income/bond funds. Since I am in my 80's, I have decreased index funds from 50 % to 35 % and increased fixed income/bonds from 10 % to 25 %. I have held nine of my 14 stocks since before 2011. It has been worth the fee I pay and he will handle it with my wife.\/children when I die. I started the IRA in the 1970's and did not start withdrawing until I was 71. Along with long term care policies, I have been in good shape financially.I respect your opinion and you have the right to it, and quite frankly if that’s all you’re doing, that’s all you need. But there are folks who have somewhat more complicated needs and paying my 1% fee is a small price to pay for peace of mind that it’s done by a professional with two degrees, two licenses, backed by a trillion dollar money manager, insured, and can handle everything from retirement planning all the way to transitioning an estate.
Nice diversification. I don't do bonds right now but they have their place. They can be your "air bags".I have used an agent since 2002 when I retired and moved my IRA from the company. He changed financial groups in 2012 and I have averaged around 9 % since that date. Being retired I am a little conservative, but have about 40 % in stocks (Microsoft, Costo, Medtronic, Proctor & Gamble, etc. with the balance in index funds, and fixed income/bond funds. Since I am in my 80's, I have decreased index funds from 50 % to 35 % and increased fixed income/bonds from 10 % to 25 %. I have held nine of my 14 stocks since before 2011. It has been worth the fee I pay and he will handle it with my wife.\/children when I die. I started the IRA in the 1970's and did not start withdrawing until I was 71. Along with long term care policies, I have been in good shape financially.
I have used an agent since 2002 when I retired and moved my IRA from the company. He changed financial groups in 2012 and I have averaged around 9 % since that date. Being retired I am a little conservative, but have about 40 % in stocks (Microsoft, Costo, Medtronic, Proctor & Gamble, etc. with the balance in index funds, and fixed income/bond funds. Since I am in my 80's, I have decreased index funds from 50 % to 35 % and increased fixed income/bonds from 10 % to 25 %. I have held nine of my 14 stocks since before 2011. It has been worth the fee I pay and he will handle it with my wife.\/children when I die. I started the IRA in the 1970's and did not start withdrawing until I was 71. Along with long term care policies, I have been in good shape financially.
Couldn’t agree more!Man you are in your 80s??? Congrats… piece of advice. SPEND YOUR MONEY!!!! Take trips. Indulge in a cool car or buy a horse or buy a slip and slide. Spend it. You can’t take it with you, and when you are home you are gone. People will be sad for a second all the whole spending YOUR MONEY at a casino. Spend it brother. Enjoy your life. Get your self. Something awesome!!!!