The Rokslide Stock Traders Thread

[Poser]

One of my ETF's is ok at 14% - VTI

The other, not so much - SCHD. I bought it several months ago and it has continued to not impress me. It was supposed to be a long term hold and dividends are supposed to be good, but I'm not so sure.

Anyway, I got into this late in life and don't know what I'm doing.

I'm thankful for the information shared here and I continue to learn...and then forget.

SCHD should be a reliable long term play, but it is a inflationary sensitive ETF so its not going to start performing well until inflation actually eases. The dividend reinvestment will bring your average buying price down between now and then.

 

[Pafarm]

True story.. I've never done well with mutual funds. Seems like anytime I buy into a solid fund, its performance tanks and I loose money.

I've had much better luck with ETF's

Remember you didn't loose that money till you sold. Mutual funds and ETFs hold many different positions(diversified), so as a general rule a good fund performs overtime. Playing the buy sell game has less than a 1% success rate. It’s time in the market not timing the market.

Another tip is make sure you are holding more bonds/cds things like that in your retirement accounts if you are concerned about capital gains. Then equities(etfs) in Non-retirement accounts. The reason for that being is your retirement account think of it as closed bubble not kicking off onto your taxes. The non retirement does. So let’s say you want a roughly 70/30 portfolio hold the mfs/bonds in retirement so you don’t get the tax for those now. If retirement is much greater than non-retirement figure add some more equity to retirement. Adjust as you go.

Last thing is make sure you are tax diversified. Many people only have traditional type plans. However Uncle Sam has his arm around your shoulder. Having a mix of traditional retirement, Roth retirement, and non retirement dollars gives you big advantages when you do retire. I can’t stress enough making sure things are setup correctly from the start because correcting later is sometimes difficult. Don’t build the bridge while you’re walking across it.

 

[doc holiday13]

Remember you didn't loose that money till you sold. Mutual funds and ETFs hold many different positions(diversified), so as a general rule a good fund performs overtime. Playing the buy sell game has less than a 1% success rate. It’s time in the market not timing the market.

Another tip is make sure you are holding more bonds/cds things like that in your retirement accounts if you are concerned about capital gains. Then equities(etfs) in Non-retirement accounts. The reason for that being is your retirement account think of it as closed bubble not kicking off onto your taxes. The non retirement does. So let’s say you want a roughly 70/30 portfolio hold the mfs/bonds in retirement so you don’t get the tax for those now. If retirement is much greater than non-retirement figure add some more equity to retirement. Adjust as you go.

Last thing is make sure you are tax diversified. Many people only have traditional type plans. However Uncle Sam has his arm around your shoulder. Having a mix of traditional retirement, Roth retirement, and non retirement dollars gives you big advantages when you do retire. I can’t stress enough making sure things are setup correctly from the start because correcting later is sometimes difficult. Don’t build the bridge while you’re walking across it.

You trying to sell me something buddy?

Yeah I'm not dumb. I don't loose money till I sell it, Just like you don't make money till you sell it, but when a mutual funds take hits like they did when I bought, there is no coming back. You're better off cutting losses and investing in something that is going up up up and/or pays dividends within a stable market price

Also its impossible to build a bridge without walking on it or else your materials ain't going up therE

 

[Pafarm]

You trying to sell me something buddy?

Yeah I'm not dumb. I don't loose money till I sell it, Just like you don't make money till you sell it, but when a mutual funds take hits like they did when I bought, there is no coming back. You're better off cutting losses and investing in something that is going up up up and/or pays dividends within a stable market price

Also its impossible to build a bridge without walking on it or else your materials ain't going up therE

No just trying to help someone out. You were the one with questions.

sure we’ll go with that. You seem like you know everything so why ask questions.

Sounds good man good luck. Keep buying at the top and selling at the bottom!

 

[KsRancher]

You trying to sell me something buddy?

Yeah I'm not dumb. I don't loose money till I sell it, Just like you don't make money till you sell it, but when a mutual funds take hits like they did when I bought, there is no coming back. You're better off cutting losses and investing in something that is going up up up and/or pays dividends within a stable market price

Also its impossible to build a bridge without walking on it or else your materials ain't going up therE

Even great ETF's aren't always going up. I will use SPY and QQQ for example. They have had great returns over thier inception. But if you would have been bought QQQ in the year 2000 it would have been 2016 before it climbed back above that level and stayed above. SPY bought in the year 2000 took until 2012 before it got above that level and stayed.

I am curious what your invested in that "wasn't ever coming back"?

 

[Pafarm]

Even great ETF's aren't always going up. I will use SPY and QQQ for example. They have had great returns over thier inception. But if you would have been bought QQQ in the year 2000 it would have been 2016 before it climbed back above that level and stayed above. SPY bought in the year 2000 took until 2012 before it got above that level and stayed.

I am curious what your invested in that "wasn't ever coming back"?

This was exactly my point and maybe I said it wrong. However I refuse to help someone who try’s to come back and insult me when their the one with questions.

Exactly KS point proven. The S&P has average 10% key word there doc “averaged” so some years it gains 20% next it loose 5%. Playing around switching when things go down unless it’s a three star fund is silly. Think of stocks dipping as a sale in the market. Stop panicking.

 

[doc holiday13]

No just trying to help someone out. You were the one with questions.

sure we’ll go with that. You seem like you know everything so why ask questions.

Sounds good man good luck. Keep buying at the top and selling at the bottom!

I never asked a question sooooooooooooo you were mainly talking to me like a broker talks to a newb Boomer.

The stock market is legal gambling, no guarantees. Just educated bets. Just because a company has solid numbers doesn't mean they will perform. That companies CEO could suddenly get caught having an affair with their secretary on public media. Buyer sentiment could likely drop significantly despite the company having solid financials and future projects.

Another case in point. I buy a mutual fund and it looses 20% and I have to drop minimum $3k into it. I 'lose' $600 and it takes 2-5 years to get back to net zero. I still lose even then because there is gonna be a fee to sell that fund, so I have to wait 2-3 more years so i can get all my money back if I want to break even...

so 4-6 years I haven't gained anything. Actually lost money because of inflation. There are plenty of other investment strategies and easier ways to make money outside the stock market. The days of invest 5% of your income in mutual funds is long gone

 

[Fowl Play]

I never asked a question sooooooooooooo you were mainly talking to me like a broker talks to a newb Boomer.

The stock market is legal gambling, no guarantees. Just educated bets. Just because a company has solid numbers doesn't mean they will perform. That companies CEO could suddenly get caught having an affair with their secretary on public media. Buyer sentiment could likely drop significantly despite the company having solid financials and future projects.

Another case in point. I buy a mutual fund and it looses 20% and I have to drop minimum $3k into it. I 'lose' $600 and it takes 2-5 years to get back to net zero. I still lose even then because there is gonna be a fee to sell that fund, so I have to wait 2-3 more years so i can get all my money back if I want to break even...

so 4-6 years I haven't gained anything. Actually lost money because of inflation. There are plenty of other investment strategies and easier ways to make money outside the stock market. The days of invest 5% of your income in mutual funds is long gone

I’m curious what other investment strategies you consider that are easier than the stock market with similar returns? (Serious question, there isn’t anything easier in my opinion)

 

[Pafarm]

I never asked a question sooooooooooooo you were mainly talking to me like a broker talks to a newb Boomer.

The stock market is legal gambling, no guarantees. Just educated bets. Just because a company has solid numbers doesn't mean they will perform. That companies CEO could suddenly get caught having an affair with their secretary on public media. Buyer sentiment could likely drop significantly despite the company having solid financials and future projects.

Another case in point. I buy a mutual fund and it looses 20% and I have to drop minimum $3k into it. I 'lose' $600 and it takes 2-5 years to get back to net zero. I still lose even then because there is gonna be a fee to sell that fund, so I have to wait 2-3 more years so i can get all my money back if I want to break even...

so 4-6 years I haven't gained anything. Actually lost money because of inflation. There are plenty of other investment strategies and easier ways to make money outside the stock market. The days of invest 5% of your income in mutual funds is long gone

Very interesting. That’s how the market works. I’m confused you think you are going to buy Apple when it was a dollar and turn into a millionaire overnight. Like I said before time in the market not timing the market. To say it’s gambling is funny, honestly best of luck to you.

 

[Beendare]

I’m curious what other investment strategies you consider that are easier than the stock market with similar returns? (Serious question, there isn’t anything easier in my opinion)

The Crypto roulette wheel of course- Grin

I'm looking for my next stock "double in 2 years" [or there about] to play around with. I doubt it will be one of the names everyone is talking about like NVDA.

I'm starting to look at UNH....and I saw RIG is below $3 again. I'm disappointed in myself for not buying Boeing in the $120's when it was a chit show - that was a no brainer. [they currently have a 10 year backlog of orders...if only they can get out of their own way]

Does anyone see something out of favor with the potential to come roaring back?

 

[Split toe]

There are plenty of other investment strategies and easier ways to make money outside the stock market. The days of invest 5% of your income in mutual funds is long gone

I'm interested to hear what is easier/better than the stock market?

 

[Poser]

The Crypto roulette wheel of course- Grin

I'm looking for my next stock "double in 2 years" [or there about] to play around with. I doubt it will be one of the names everyone is talking about like NVDA.

I'm starting to look at UNH....and I saw RIG is below $3 again. I'm disappointed in myself for not buying Boeing in the $120's when it was a chit show - that was a no brainer. [they currently have a 10 year backlog of orders...if only they can get out of their own way]

Does anyone see something out of favor with the potential to come roaring back?

You might take a look at BitMine

 

[Crowmangler]

I'm interested to hear what is easier/better than the stock market?

Not easier but better: income producing commercial real estate

 

[Crowmangler]

Remember you didn't loose that money till you sold. Mutual funds and ETFs hold many different positions(diversified), so as a general rule a good fund performs overtime. Playing the buy sell game has less than a 1% success rate. It’s time in the market not timing the market.

I don't think I understand your statement here... Are you saying that people who trade individual stocks lose money 99% of the time? If that were the case the stock market would not exist

 

[KsRancher]

I dont know Doc and am not knocking him at all. But I think he is looking for something that doesn't exist. I dont know of one thing that always goes up in value. Real estate, stocks, gold. It all goes up and down

 

[Pafarm]

I don't think I understand your statement here... Are you saying that people who trade individual stocks lose money 99% of the time? If that were the case the stock market would not exist

Incorrect. You didn’t read what I said. What I said is people who try to time the market. This meaning trying to get in on big growth and pull out before it declines. Nearly impossible. However if you are able to to do that with mf/etfs/individual stocks doesn’t matter what I will give you everything I have if you’re only getting me in on ups and out on downs! Please refer to the source below!

Timing the Market Is Impossible

In times of volatility, timing the market may seem tempting. But doing so could cost you.

www.hartfordfunds.com

 

[Pafarm]

I dont know Doc and am not knocking him at all. But I think he is looking for something that doesn't exist. I dont know of one thing that always goes up in value. Real estate, stocks, gold. It all goes up and down

Exactly there’s risk in everything. Same here wasn’t knocking him just trying to help him which backfired. Everything has flows stock market/real estate/gold but overtime they do well. There’s no silver bullet doc that’s the bad news.

 

[MountainTracker]

Poly market is showing over a 100% 50 point rate cut in sept, and one in oct at over 40% and another in Dec.

Markets look to be pricing this in right now, or at least the crypto market.

If there is any good news from the meeting on Friday, could see more upward action. The weekend could be good.

BTC flirting with new ath


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