Reply to thread

Message

<blockquote data-quote="Jiro" data-source="post: 2555445" data-attributes="member: 16500">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 $$$ at casinos than at stock markets. simply leave it to professionals to play with stock markets unless you want to watch stock markets and play with it as a full-time job. picking stocks requires critical analysis, not based on &quot;feel good&quot; emotion or rolling a dice. you will quickly realize it's incredibly stressful. that's why I don't do it and neither does my brother.since you've got 401k covered... then you can do a typical portfolio that always work well - get either Fidelity or Charles Schwab account for Roth IRA (maximum $6,000 a year), mutual funds (index funds, S&amp;P 500, etc) and Series I Savings Bond (interest rate is crazy which is good!!!). just set it and forget about it. this is a 20-30 years long-term investment - the Warren Buffet rule. Vanguard has fees and it's usually best for those with $$$$$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 Equity15% International Equity15% inflation-protected treasuries15% US Treasuries15% Real Estate10% Emerging Markets</blockquote>

[QUOTE="Jiro, post: 2555445, member: 16500"] 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 [/QUOTE]

Verification