All things STOCKS

[bignewt]

Ask it if it minds the price/sales ratio.

I asked mine...nope.

 

[Fullfillmer]

Ok -- what is better? Making your own plan and picking your own investments or turning it over to some group?

How much do they typically skim off the top each year?

 

[Thunder Good-Oil]

Ok -- what is better? Making your own plan and picking your own investments or turning it over to some group?

How much do they typically skim off the top each year?

1%

 

[Biopsyman]

Look for Biotechs to make a run

 

[Fullfillmer]

1%

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

 

[1972 Grad]

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

I have someone manage most, and I manage a little. They charge .9% for over $1 million, and 1% for under.

Is it worth it? Still trying to figure that out after 2 -1/2 years. I will know more when the market goes down.

 

[Thunder Good-Oil]

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

It's certainly worth it for anybody that's at all uncomfortable making decisions on their own.

Morgan Stanley manages a small piece of the pie.

 

[OldandStillaVol]

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

This is the way I am leaning. Around a 50:50 split. I don’t follow the markets that closely.

 

[1972 Grad]

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

If you want to make it really simple, invest in Vanguard Wellington Fund (VWELX), if you can stand a 65/35 stock/bond split, or Vanguard Wellesley Income Fund, if you are more conservative, and want a 40/60 stock/bond split. If you want to get close to 50/50, get almost equal amounts of both.

You can also do what Volstrom did on the last page, and adjust how much you want to put in the S&P 500 fund.

 

[Biopsyman]

So is it worth the 1per cent ? Do you do some of each - have someone manage some and you manage some?

Depends if you want to active trader or someone who just puts you money into a model and basically does nothing. Merrill Lynch has their Monte Carlo fund in which there is very limit movement of stock. Hard to pay someone for doing. Nothing

 

[bignewt]

When it comes to mutual funds go with Warren Buffet...Berkshire.

 

[Thunder Good-Oil]

When it comes to mutual funds go with Warren Buffet...Berkshire.

Buffett is 87. Munger is 94.

 

[95 Vol Alum]

Ok -- what is better? Making your own plan and picking your own investments or turning it over to some group?

How much do they typically skim off the top each year?

I elect to do it myself as I’m fairly conservative, have a long range view, and mostly buy/hold. I share a Bogle view of investment strategy.

Long way of saying, no. Advisors take too much vs just being the market for the most part.

 

[bignewt]

Buffett is 87. Munger is 94.

and they still know how to make money.

 

[Thunder Good-Oil]

and they still know how to make money.

And they're most likely still wiping their rear sides without assistance.

I worry about BH without them. It's an insurance conglomerate, mutual fund, and private equity firm all rolled into one public company.

 

[DancingOutlaw]

Manage it yourself. Find the vanguard/fidelity target funds that approximate your retirement situation and see what their underlying investments are. Then do the same. Every five years look at the next fund and reallocate.

 

[Biopsyman]

Manage it yourself. Find the vanguard/fidelity target funds that approximate your retirement situation and see what their underlying investments are. Then do the same. Every five years look at the next fund and reallocate.

Or have your money with an active manager and you can make a ton...

Avoid all products that just feeds a model.. Constantly under perform

 

[TennFan]

Ouch! 2 days in a row that we took major hits in stocks! Friday and today!😨😠👎😕😵😱😬

 

[rs16]

Ouch! 2 days in a row that we took major hits in stocks! Friday and today!😨😠👎😕😵😱😬

Look at percentages, you’ll feel a little better.

The Dow didn’t finish at it’s low, either.

 

[508mikey]

thank another idiot woman in charge -- this time the one at the Fed raising int rates last year

 

[508mikey]

Yellen did all the damage before stepping down -- who appointed her -- 1 guess ?

 

[TennFan]

Look at percentages, you’ll feel a little better.

The Dow didn’t finish at it’s low, either.

Maybe so, but the DOW was down more than 2% both days! We made $4300 on our IRA for January but we'll lose that plus for February!

 

[Ernest T. Vol]

Look at percentages, you’ll feel a little better.

The Dow didn’t finish at it’s low, either.

Yep. I remember black monday in '87 was down 23%. That would be the equivalent of nearly 6,000 points today.

 

[TennFan]

Correction! Between the DOW and S&P today, it was down 8.7%. Today alone we lost about $2000 and I'm willing to be we lost over $3200. We'll lose over $6000 before the end of the month if this keeps up.

 

[1972 Grad]

Correction! Between the DOW and S&P today, it was down 8.7%. Today alone we lost about $2000 and I'm willing to be we lost over $3200. We'll lose over $6000 before the end of the month if this keeps up.

Thank God I have bond funds, or it would have been much worse.