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iansanew
New Zealand86 Posts
On October 01 2011 11:11 Soulish wrote: I'm planning to put in many hours per day for a few years before I actually invest. We'll see how it goes. Do you have any books you recommend for absolute beginners? learn statistics, master probability theory | ||
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Kyrth
United States101 Posts
On October 01 2011 11:11 Soulish wrote: I'm planning to put in many hours per day for a few years before I actually invest. We'll see how it goes. Do you have any books you recommend for absolute beginners? The Dhandho Investor, http://www.amazon.com/Dhandho-Investor-Value-Method-Returns/dp/047004389X The Intelligent Investor, http://www.amazon.com/Intelligent-Investor-Definitive-Investing-Practical/dp/0060555661 Investment Science. http://www.amazon.com/Investment-Science-David-G-Luenberger/dp/0195108094/ref=sr_1_1?s=books&ie=UTF8&qid=1317463376&sr=1-1 I read the first two and concluded that for the amount of effort required, and the amount of capital I had at my disposal, it'd be better to just get a second job. In other words, it was boring. If you find it interesting though go for it. You should be able to learn plenty in even a year's worth of effort if you put in several hours a day. (I never read the 3rd book; it's a textbook and I already decided not to bother by the time I made it through the first two. It's supposed to be good though. Dhandho Investor is very readable) | ||
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srg128
1 Post
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HalcyonRain
United States124 Posts
SNAP's lack luster earnings? When will fundamentals finally catch up with TSLA, and when they do, will Einhorn still be short (and solvent)? | ||
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ShoCkeyy
7815 Posts
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xDaunt
United States17988 Posts
Like I've said elsewhere, I'm kinda weary of the stock market. Stocks are really damned expensive right now on a P/E basis. I also get the sense that many stocks are being buoyed artificially by the current prevalence of fund trading. Why gamble on a particular stock when you can automatically hedge your risk by selecting an ETF? All of that said, I do expect animal spirits to continue to drive the market upwards in the short term on pure speculation. Personally, I'm letting my retirement funds ride in equities for now, but the rest of my investment money is tied up in real estate in Colorado. At least here I have good information on what's going on so that I can actually feel like I'm "investing." | ||
KwarK
United States43603 Posts
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Mysticesper
United States1183 Posts
I squeaked by with 0 taxable long term cap gains because my taxable income was 100 less than the top threshold of the 15% bracket, which was nice. | ||
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KwarK
United States43603 Posts
On May 12 2017 02:45 Mysticesper wrote: I have one investment account and my retirement account, which is getting 10% + 3% employer match. I squeaked by with 0 taxable long term cap gains because my taxable income was 100 less than the top threshold of the 15% bracket, which was nice. Had your income been $101 higher it still would have only been the dollar over that would have been taxed at the higher marginal rate. Don't fear the thresholds. | ||
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RvB
Netherlands6266 Posts
On May 12 2017 01:46 xDaunt wrote: It's interesting reading some of the past posts in this thread from six years ago. Like I've said elsewhere, I'm kinda weary of the stock market. Stocks are really damned expensive right now on a P/E basis. I also get the sense that many stocks are being buoyed artificially by the current prevalence of fund trading. Why gamble on a particular stock when you can automatically hedge your risk by selecting an ETF? All of that said, I do expect animal spirits to continue to drive the market upwards in the short term on pure speculation. Personally, I'm letting my retirement funds ride in equities for now, but the rest of my investment money is tied up in real estate in Colorado. At least here I have good information on what's going on so that I can actually feel like I'm "investing." Indeed never gamble on single stocks. Professional traders have too much of an advantage and even they usually don't beat the market. Anyway if you don't like stocks why don't you diversify into bonds? You can also invest in real estate funds if you're interested in that. Just investing in real estate in Colorado is pretty risky. | ||
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xDaunt
United States17988 Posts
On May 12 2017 03:19 RvB wrote: Indeed never gamble on single stocks. Professional traders have too much of an advantage and even they usually don't beat the market. Anyway if you don't like stocks why don't you diversify into bonds? You can also invest in real estate funds if you're interested in that. Just investing in real estate in Colorado is pretty risky. Yeah, usually you'd want to diversify, but the Colorado real estate market is a really safe long term bet given the massive influx people relocating here, which is not going to stop any time soon, and the shortage of available housing. | ||
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andrewlt
United States7702 Posts
And as of today, roughly market return. lulz So for the young people just starting, just put your money in VTI and call it a day. And don't check often. | ||
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CorsairHero
Canada9491 Posts
On May 11 2017 17:06 HalcyonRain wrote: While this topic was necro'd by a bot or whatever, is there any interest in continuing it? SNAP's lack luster earnings? When will fundamentals finally catch up with TSLA, and when they do, will Einhorn still be short (and solvent)? whats the point of snap once instagram implements those dog ears and rainbows On May 12 2017 05:17 andrewlt wrote: Around 3 years ago, I tried my hand investing in individual stocks using extra money. Along the way, I've gained experience, knowledge, had some fun, heartburn, anxiety and elation. And as of today, roughly market return. lulz So for the young people just starting, just put your money in VTI and call it a day. And don't check often. VTI is US listed stock only where as VT gives max diversification with about 56% NA stocks On May 12 2017 02:16 KwarK wrote: For low to median incomes churning, indexing and making the optimal use of tax deferment to minimize tax obligations are the key. I consider myself reasonably knowledgeable on all three. Why wouldn't above median incomes use ETFs? People who are making above 52K USD should definitely be continuing to use ETFs or passive index tracking mutual funds (for 0 transaction cost until they raise enough to buy the ETF) | ||
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Mysticesper
United States1183 Posts
On May 12 2017 02:51 KwarK wrote: Had your income been $101 higher it still would have only been the dollar over that would have been taxed at the higher marginal rate. Don't fear the thresholds. oh I know. I just thought it was interesting, cause I added in all this extra money on the online tax software and my refund didn't go down, so I was curious as to why, since I didn't know that long term cap gains didn't get taxed at the lowest two brackets | ||
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Chewbacca.
United States3634 Posts
On May 12 2017 05:23 CorsairHero wrote: whats the point of snap once instagram implements those dog ears and rainbows VTI is US listed stock only where as VT gives max diversification with about 56% NA stocks Why wouldn't above median incomes use ETFs? People who are making above 52K USD should definitely be continuing to use ETFs or passive index tracking mutual funds (for 0 transaction cost until they raise enough to buy the ETF) Who says people above median income shouldn't or don't use ETFs? ETFs are generally one of the more tax efficient investments you can make, so they're what you want to use in you taxable accounts, which is probably the bigger account for high income earners. I mean municipal bonds or something will be more tax efficient, but bonds are a pretty minor part of most portfolios. | ||
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Micheo
4 Posts
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Emnjay808
United States10665 Posts
Also there is another trading/investing forum (assuming you’re not a bot). Also are you giving financial advice? Should put a disclaimer. | ||
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LennX
4564 Posts
On June 14 2021 08:43 Emnjay808 wrote: Those newbies will buy the dip and hold if they believe in the company/crypto. Also there is another trading/investing forum (assuming you’re not a bot). Also are you giving financial advice? Should put a disclaimer. New account, first post, talks generally. That is most likely a bot that you are replying to | ||
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Micheo
4 Posts
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Micheo
4 Posts
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