-
You asked and we delivered! AMPReviews now provides the option to upgrade to VIP access via paid subscription as an alternative to writing your own reviews. VIP Access allows you to read all the hidden content within member-submitted reviews AND gives access to private VIP-only forums in each city. You can upgrade your account INSTANTLY by visiting the Account Upgrades page in your own user profile and using a valid credit card to purchase a subscription. You can get to this page by clicking the link in any review, by clicking the red "See the Details Now" banner on the home page, and by clicking the Purchase Private Details link in the navbar at the top of every page
Blood on the streets cleaned up
- Thread starter charliebrown
- Start date
I know a guaranteed way to make money day trading. Using a certain formula with a 1% stop loss, and 1.5% limit, the trade is right between 55%-65% of the time. So yeah, you lose trades, tons of them. But you ultimately make money.Its just math.
The problem is, its actually a full time job looking for the trades, setting up the trades, and sometimes waiting for the trades.
I don't have the time for it; and some could make a decent argument, you'd make as much money buying and holding. Which is one click and done. They probably aren't necessarily wrong. Thats about as close as you get to guarantees in the market.
The problem is, its actually a full time job looking for the trades, setting up the trades, and sometimes waiting for the trades.
I don't have the time for it; and some could make a decent argument, you'd make as much money buying and holding. Which is one click and done. They probably aren't necessarily wrong. Thats about as close as you get to guarantees in the market.
Hum, Dividends are a perk to owning a good stock. Dividends tend to hold the stock price higher in low markets and do not effect the stock price in high markets.
Options can protect your money.
When the stocks are high, buy put options to limit loses and sell call options outside the money to pay for the insurance policy.
Yes, the market is high and there is nothing wrong with it taking a breather. I am active in the options market as well as watching my stocks pay dividends on top of the options action and appreciation.
Warren Buffett describes a good sound approach to investment that may not be for everyone, but it suits me just fine.
https://finance.yahoo.com/news/10-d...stor Warren,as returns through cash dividends.
Options can protect your money.
When the stocks are high, buy put options to limit loses and sell call options outside the money to pay for the insurance policy.
Yes, the market is high and there is nothing wrong with it taking a breather. I am active in the options market as well as watching my stocks pay dividends on top of the options action and appreciation.
Warren Buffett describes a good sound approach to investment that may not be for everyone, but it suits me just fine.
https://finance.yahoo.com/news/10-d...stor Warren,as returns through cash dividends.
I get what you are saying on dividends. I don't feel comfortable enough with options to trade them. But thats just my lack of knowledge. Same goes for shorting. I tried that a bit and got burned really bad; so I quit.
There is definitely good income to be had from dividends with fairly low risk. But I find it more in ETFs
Probably one of the least risky I've found is BKLN, which is a bank loan ETF. It pays about 6 cents a share with a share costing about $22. At worst it goes to $17. Thats like full market crash. So you can be reasonably assured a return there with little risk. Not a big return, but its better than staying in cash. Most people would laugh at the idea but I don't have the stomach for a lot of risk. I've been in a stock that was down 95%; and I kept feeding it more money as it went down saying "okay it has to eventually go up" but it never did. That type of stuff was really a wake up call for me.
There is definitely good income to be had from dividends with fairly low risk. But I find it more in ETFs
Probably one of the least risky I've found is BKLN, which is a bank loan ETF. It pays about 6 cents a share with a share costing about $22. At worst it goes to $17. Thats like full market crash. So you can be reasonably assured a return there with little risk. Not a big return, but its better than staying in cash. Most people would laugh at the idea but I don't have the stomach for a lot of risk. I've been in a stock that was down 95%; and I kept feeding it more money as it went down saying "okay it has to eventually go up" but it never did. That type of stuff was really a wake up call for me.
I find with my income fund, I have quite a bit tied up in one fund, but I generally feel comfortable that it does not dramatically go up or down. Stability. It provides a monthly funding source for my golfing costs, which add up for me, so it works. Whatever works is my motto.
FYI, this woman is interesting.
https://finance.yahoo.com/news/cathie-wood-loading-four-tech-204702404.html
FYI, this woman is interesting.
https://finance.yahoo.com/news/cathie-wood-loading-four-tech-204702404.html
I have the same, it is a Vanguard muni fund, long term fed tax exempt. When in NJ i had the NJ version of that fund, it was state and fed income tax free. It is a way to park money in a safe manner, with some fluctuations because they are munies, but the dividend has ranged from around 2.5% to over 4 percent. Been doing it for over 20 years, there is nothing like making $25-40K a year tax free.
Hard pass on VTI. For one, its at record highs and like the DJIA, has essentially double since a year ago. It screams "you missed the boat" and way overbought.
Its dividend is not impressive given the amount of risk you'd take on. It yields less than 2% which is pocket change relative to risk. Also dividends are only quarterly.
JNK is a much better option. Yields almost 6%, monthly dividend pay out, far less risk, and not at record highs either.
But you do you. Thats just my opinion. Willing to proved wrong.
Its dividend is not impressive given the amount of risk you'd take on. It yields less than 2% which is pocket change relative to risk. Also dividends are only quarterly.
JNK is a much better option. Yields almost 6%, monthly dividend pay out, far less risk, and not at record highs either.
But you do you. Thats just my opinion. Willing to proved wrong.
Ditto. I invested my 1st real holiday bonus (about $3500) into 2 Vanguard funds in 1997 instead of splurging on a vacation or such. I liquidated them for the down payment, closing costs and moving expensis of my first home purchase in 2004 with no additional investment (about 12k).
Around the same time, the small company I worked for tried to switch the 401(k) plan from a wide selection of Vanguard funds to a smaller slate of funds with higher fees. The revolt in the conference room was something to witness. 2 hrs later we all got a memo saying there would be no changes to the plan.
Around the same time, the small company I worked for tried to switch the 401(k) plan from a wide selection of Vanguard funds to a smaller slate of funds with higher fees. The revolt in the conference room was something to witness. 2 hrs later we all got a memo saying there would be no changes to the plan.
Great story. I wish some of the stops I made in a long career could react in a positive fashion — and quickly.
Here is another company I like. I have one of their funds and would recommend them.
https://www.polencapital.com/
Here is another company I like. I have one of their funds and would recommend them.
https://www.polencapital.com/
Did you ever find out why they wanted to change 401K providers?
Most companies have a 401k steering committee which is comprised at the minimum of: CFO, Chief Legal, HR, and a board member. For it to get past the oversight committee makes me wonder how well they were doing their job. And usually, once it gets my the committee it’s a done deal. Interesting dynamics in your company.
Most companies have a 401k steering committee which is comprised at the minimum of: CFO, Chief Legal, HR, and a board member. For it to get past the oversight committee makes me wonder how well they were doing their job. And usually, once it gets my the committee it’s a done deal. Interesting dynamics in your company.
Yeah, to be fair VTI has done very well, and if this was one year ago today, I'd be buying the heck out of it. If I bought in 2018, I'd be holding it too. But at this very moment doesn't look like a good entry. However I would consider some on a dip.
Yeah, JNK is one of those where I think its good to buy/add to the position on a dip and hold it for the dividends. The monthly dividend payout is solid for some nice income.
Yeah, JNK is one of those where I think its good to buy/add to the position on a dip and hold it for the dividends. The monthly dividend payout is solid for some nice income.
The problem with Employee 401K funds is that Fund managers only have to go to country clubs, sporting events and board rooms to pitch plans that are not in the best interest of everyone. I would for a company that Used Fidelity to manage the accounts and offered Vanguard funds in that account. I would constantly ask management why are they paying two fund companies to manage our money. I asked at every annual benefits meeting until finally that said Charlie is going to be very happy this year, the 401K accounts are being shifted to Vanguard.
We like to think the people in Government, Wall Street. Board rooms and executive suites are doing their very best for all parties. The truth is that that stratosphere is all about networking, connections and what is best for us in this group.
Long term tip for younger workers. DO NOT LEAVE 401K Money in an employer sponsored system when you leave. There are hidden charges and they go up once you are no longer part of the corporate account. Move it to a discount brokerage has and/or Vanguard and let the drop in fees improve your net worth down the road.
We like to think the people in Government, Wall Street. Board rooms and executive suites are doing their very best for all parties. The truth is that that stratosphere is all about networking, connections and what is best for us in this group.
Long term tip for younger workers. DO NOT LEAVE 401K Money in an employer sponsored system when you leave. There are hidden charges and they go up once you are no longer part of the corporate account. Move it to a discount brokerage has and/or Vanguard and let the drop in fees improve your net worth down the road.