Originally posted by phoneman
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Originally posted by Kevin View PostIf trading were easy we would all be millionaires.
I bought Amazon at $80 and Apple at $42 and still hold those stocks. Unfortunately I was right out of college and didn’t buy enough.
I also bought bank stocks that went belly up.
Since then I’ve switched to more stable investments for real money and more risky for 401k. Time will tell.
Good luck in Wall Street Vegas. Hopefully trump doesn’t continue his crusade on tariffs.
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Originally posted by 12RingKing View PostYou need to get into low expense ratio ETFs or a fund modeled after the S&P500.
This. No reason to pay someone. These funds charge .25 percent or less and will beat 85% of all professional fund managers. Dollars cost average in on a regular basis for the long haul, don’t fret the swings and pray the Republicans stay in control.
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Originally posted by bowhuntvideo View PostThis. No reason to pay someone. These funds charge .25 percent or less and will beat 85% of all professional fund managers. Dollars cost average in on a regular basis for the long haul, don’t fret the swings and pray the Republicans stay in control.
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Originally posted by rut-ro View PostI have found it is a lot easier to have someone with the knowledge manage my portfolio. Can I buy then Houston Astros? Do I have a lot more in there than I have contributed? Yes.
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Originally posted by Capt.Brown View PostHire a professional, like Edward jones type company. But do your research find someone that has your core values and is like minded or it will never work. You have to have some level of trust in the person your investing with.
If you are looking to get rich quick then long term investing is not for you. Those types of quick returns are shrouded in risks. If you have the time to do the research and the knowledge to purchase-sell at the right time then go for it. I work a full time job and don’t have the time or knowledge to day trade. Albeit I admit to not being a gambler when it comes to my $.
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4 percent is not that bad actually. Cd’s don’t even pay that. There is a couple TBH members that are investment brokers and planners. Maybe hook up with one of them, but don’t expect it to be free advice. Like the other guys said get you a good planner that you can connect with. I honestly hate my Edward Jones rep, he wore me out calling me and trying to sell me investments.
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Originally posted by Capt.Brown View PostHire a professional, like Edward jones type company. But do your research find someone that has your core values and is like minded or it will never work. You have to have some level of trust in the person your investing with.
I use a TBH'r......that works for EJ. His handle is Gerald G6. Shoot him a PM. Let him know Jon B sent ya. It won't cost you anything to discuss strategy and you might find out that he can offer you some great options.
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