Who Invests??

[KennyVendetta]

Originally Posted by Asiann

Kenny, since I believe you are in the Marines, check out USAA. I believe they have a $6.99 per trade. Just call and speak to a financial advisor. They can answer questions regarding TSP, Roth, MF, stocks and so forth.

Word? I do have USAA and I use them for my money market, MF and ROTH. I will scour their site for individual stock ops.

Haha..I tried to get Hawaii for my dut station but I was pushed to Southern California...haha I still got a good assignment.

[ADHD]

I use VANGUARD!

[Asiann]

Originally Posted by KennyVendetta

Word? I do have USAA and I use them for my money market, MF and ROTH. I will scour their site for individual stock ops.

Haha..I tried to get Hawaii for my dut station but I was pushed to Southern California...haha I still got a good assignment.

I actually asked for Korea, Ft Stewart and Benning and ended up here. Go figure. Hawaii was number 4 on my list. Yeah, I something in the mail about stocks and buying. How do you like their financial services?

[Asiann]

Originally Posted by ADHD

I use VANGUARD!

I've heard good things about Vanguard!

[ADHD]

Originally Posted by Asiann

I've heard good things about Vanguard!

yea thats why I invested! my uncle has been a millionare for 5 years or so know well at least thats when he let the family know! Ive recently become intrested in MONEY now that i actually have some! So I gave hiim a call and out of two hours of talking about investing etc etc..I think the one word I heard out of his mouth the most was VANGUARD! So I dumped some cash in there and its doing OK.. Little did I know My parents employer runs there IRA through VAnguard as well. I checked my parents IRA fund and aabout shit a brick looking at intrest gains!

[Asiann]

Originally Posted by ADHD

yea thats why I invested! my uncle has been a millionare for 5 years or so know well at least thats when he let the family know! Ive recently become intrested in MONEY now that i actually have some! So I gave hiim a call and out of two hours of talking about investing etc etc..I think the one word I heard out of his mouth the most was VANGUARD! So I dumped some cash in there and its doing OK.. Little did I know My parents employer runs there IRA through VAnguard as well. I checked my parents IRA fund and aabout shit a brick looking at intrest gains!

You have to learn to forget about it and just save with the good times and the low times. Longevity is the key and being younger you have plenty of it as well as compounded interest! Forget about mods and save more. Ok maybe 1 or 2 small things but nothing big.

[ADHD]

Originally Posted by Asiann

You have to learn to forget about it and just save with the good times and the low times. Longevity is the key and being younger you have plenty of it as well as compounded interest! Forget about mods and save more. Ok maybe 1 or 2 small things but nothing big.

I know i need to quit spending mooney on my car! That is for sure!
ANd yes ive learned even with the market rising and declinind daily to just stick with my overall goals and not be influenced by the market to sell!
My parents IRA seems to have doubled itself for the past 2years know..I want my money too double every year..But I guess i got to wait 15yearsfor the componding intrest to really show some effect!

[Asiann]

Originally Posted by ADHD

I know i need to quit spending mooney on my car! That is for sure!
ANd yes ive learned even with the market rising and declinind daily to just stick with my overall goals and not be influenced by the market to sell!
My parents IRA seems to have doubled itself for the past 2years know..I want my money too double every year..But I guess i got to wait 15yearsfor the componding intrest to really show some effect!

After $10,000 you will start to see more of the gains! Good Luck. Just a tip and take it for what it's worth but buy some LOWES stock. My dad works there as a supervisor and one of my ex-girlfriends mom use to work there as well many years ago and employees are making tons of money of the stock since it has split every 5 years. It just recently split and my dad doubled his money. People have become millionaries off that stock. I'm going to get me some!

[KC Bimmer]

FYI:

When a stock spits you don't double your money, you double your shares. So if you own 100 shares at $50.00 and the stock splits, you now own 200 shares at $25.00.

[AcMilan714]

Im going to invest for the first time and these are the companies i've heard of Vanguard, Etrade, TDameritrade, and T.Rowe. Which one is the most popular... And is there a site that shows a ranking through the years?

Thanks...

[tlester]

Etrade... I'm quite diversified. I kind of build my portfolio into chunks. Income.. i.e. stocks and mf's that have a high percentage dividend payout. Aggressive growth stocks. Growth, etc...

I invest both pre-tax (IRA) and post tax.

-Tom

[Poderes1]

I have 50 % of my money in a cash account through a registered investment advisor affiliated with TD ameritrade in which the money is invested in stocks and ETF's. 40 % in Mutual Funds in which 75% of that is in an IRA and the remaining 25 % in a non-qualified cash account. Final 10% of my money I have in an Optionsxpress account where I can trade Call and Put Options and the like.

[darkcloud]

I'm 24 and use Raymond James. My buddy is my investor, so if he fucks me I know where he lives and I'll kill him in his sleep haha. I'm spread out through several markets. Mainly Mutual Funds, a Roth IRA, money markets, and some stocks. So far I'm doing well and things are starting to pick up some steam.

[fobunited]

I do invest, and I work for an investment company. My advice would be to strongly diversify your assets. Unless you want to really do alot of research, I do not recommended putting much of your portfolio towards common stock. Invest in funds or have a managed account. Let them do the research and diversify your portfolio for you. Max out your 401k since it's pretax, and if you have kids or plan on having kids, start making contributions to your 529. At this point, because of the market for subprime backed securities, I would rebalance my portfolio and lean towards cash, unless you want to be risky and buy cheap now, which is an option depending on your aggressiveness. The current "crash" is attributed to many investors basing their investments on past performance as well as being naive. This is due to misinformation and lack of information, which is why managed money is generally a "safer" bet.

[mesier1111]

Originally Posted by findtom

I invest my money at the BMW dealership.

+1

[fobunited]

diversify diversify diversify. don't put all your eggs in one basket, even a mutual fund... you run opportunity risk

[ward]

Originally Posted by AcMilan714

Im going to invest for the first time and these are the companies i've heard of Vanguard, Etrade, TDameritrade, and T.Rowe. Which one is the most popular... And is there a site that shows a ranking through the years?

Thanks...

the investments you chose are more important than which brokerage house you use

[pcoles78]

when my parents die i'll retire.
which means i dont invest jack!
i spend all the money i make.

[fobunited]

speechless....

[AcMilan714]

Originally Posted by pcoles78

when my parents die i'll retire.
which means i dont invest jack!
i spend all the money i make.

Do your parents love you this much too?


If i had a son like you, i would invest in a shotgun..

[fobunited]

You're not taking advantage of compounding interest. Besides, when your parents die, depending on the investment vehicle they've set up, you may be hit with a horrible probate and pretty excessive inheritance tax.

My parents are very well of, and I could have the exam same attitude as you. I could very easily retire when my parents die and have enough money for my grandkids as well.

However, if that's the mentality that I live with every day, how can I feel worthwhile, let alone deserving of any of the money that I have?

Originally Posted by pcoles78

when my parents die i'll retire.
which means i dont invest jack!
i spend all the money i make.

[AcMilan714]

Originally Posted by AcMilan714

Im going to invest for the first time and these are the companies i've heard of Vanguard, Etrade, TDameritrade, and T.Rowe. Which one is the most popular... And is there a site that shows a ranking through the years?

Thanks...

I bought a Vanguard fund and i had a question for you guys that do this more than i do.. I was wondering if someone can explain to me in layman terms about money market?

Thank You...