Stocks

shel90

Love Makes the World Go Round
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Hello,

I want to learn how to make investments in the stock market to grow my portfolio. I already have a 401 (K) that's being taken care of by a company. However, I would like to learn about the stock market and buy and sell stocks under my control. I am still learning and it is so confusing. I know when the stock market is down, it is a good time to buy shares at low prices. Which companies are good to invest in? Any tips would be appreciated!
 

SneakerNet

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Well, there's so much to write of how to use stock market. I can share that with you and some advise about how to invest it. let me know if you want to talk over VP which is so much easier then writing it all down. If interested, then I can PM you with my vp number.
 

Alex

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Right now is a great time to buy, that's for sure. I'd just invest my money in a Vanguard mutual fund and forget about it.
 

Jiro

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Right now is a great time to buy, that's for sure. I'd just invest my money in a Vanguard mutual fund and forget about it.
Vanguard fees are ridiculous especially the annual fee. and how the hell are you, brotha? :wave:
 
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Jiro

If You Know What I Mean
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Hello,

I want to learn how to make investments in the stock market to grow my portfolio. I already have a 401 (K) that's being taken care of by a company. However, I would like to learn about the stock market and buy and sell stocks under my control. I am still learning and it is so confusing. I know when the stock market is down, it is a good time to buy shares at low prices. Which companies are good to invest in? Any tips would be appreciated!
my recommendation as well as my brother's (he's a banker) recommendation and bunch of financial experts' recommendations? don't do it. if you had to ask what companies to invest in, it's a sign that you should not even bother because it's the fastest way to lose your money. period.

you have a much better chance of making $$$ at casinos than at stock markets. simply leave it to professionals to play with stock markets unless you want to watch stock markets and play with it as a full-time job. picking stocks requires critical analysis, not based on "feel good" emotion or rolling a dice. you will quickly realize it's incredibly stressful. that's why I don't do it and neither does my brother.

since you've got 401k covered... then you can do a typical portfolio that always work well - get either Fidelity or Charles Schwab account for Roth IRA (maximum $6,000 a year), mutual funds (index funds, S&P 500, etc) and Series I Savings Bond (interest rate is crazy which is good!!!). just set it and forget about it. this is a 20-30 years long-term investment - the Warren Buffet rule. Vanguard has fees and it's usually best for those with $$$$$

You can go with the Bogle rule or Swensen rule for asset allocation -

Bogle Rule:
100 - your age = % of stocks to own and the remaining amount for bonds. For example, if you're 40 years old... then 100 - 40 = 60% stock, 40% bonds. The younger you are, the riskier investments you can make in stocks. high risk, high returns.

Swensen Rule:
30% Domestic Equity
15% International Equity
15% inflation-protected treasuries
15% US Treasuries
15% Real Estate
10% Emerging Markets
 
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