Boiler Room: The Official Stock Market Discussion

[chineebai]

Cld, in at 0.41. Goldman Sachs brought a huge amount of yesterday , follow the big money, suspecting it to go to 0.50 at least

 

[winb83]

This week sucked. The markets keep going down. Nothing is down so low to me it's a must buy but still...

 

[the cac mamba]

got a meeting with fidelity next week, gonna throw a fair amount in the market, 50 grand or so to start out

any advice? safe mutual funds? im not fukkin with this individual stock shyt

 

[Skooby]

got a meeting with fidelity next week, gonna throw a fair amount in the market, 50 grand or so to start out

any advice? safe mutual funds? im not fukkin with this individual stock shyt

Stay away from mutual funds, the expense ratio is too high.

Go with Index funds.

 

[the cac mamba]

Stay away from mutual funds, the expense ratio is too high.

Go with Index funds.

thanks :jaymelo:

 

[chineebai]

got a meeting with fidelity next week, gonna throw a fair amount in the market, 50 grand or so to start out

any advice? safe mutual funds? im not fukkin with this individual stock shyt

depends on your risk level but i'm sure the manager will talk to you about all that

 

[the cac mamba]

depends on your risk level but i'm sure the manager will talk to you about all that

and thats the thing, do i need a manager to buy into one index fund? or can i just do it myself?

to say i dont know shyt about stocks is an understatement

 

[Skooby]

and thats the thing, do i need a manager to buy into one index fund? or can i just do it myself?

to say i dont know shyt about stocks is an understatement

Nah, you don't really need a manager.

You can do a S&P 500 Index fund or a total stock market index fund. In fact, Fidelity recently launched a 0% total stock market index fund. Fund symbol FZROX.

 

[Skooby]

You can also do a target date index fund. These funds re-balance themselves as they get close to your retirement date...Fidelity calls them "Fidelity Freedom Index "Year" Funds.

@the cac mamba

 

[chineebai]

You can signup for schwab or fidelity, buy tons of index funds, super low rates. Vanguard is probably best known for their index funds. Like VTSAX - set it and forget it. Personally, I have 30% index fund, 20% bonds, 50% idividual stocks.

On another note, CLD - accumlation phase right now, CLD / Cloud Peak Energy Inc. - Institutional Ownership and 13F Shareholders - Fintel.io lots of instutional buyin

 

[Secure Da Bag]

have 30% index fund, 20% bonds, 50% idividual stocks.

What are the bonds really getting you? Low interest rate, have to wait at least, afaik, 20 years for any real payout. What's the actual benefit of them?

Sincere question.

 

[chineebai]

well bonds are for my IRA.

 

[Sugarbush]

fukk bonds I’m all or nothing

 

[chineebai]

Holding over the weekend

Cld - Goldman and blackrock are in this. Prepping for.major news
Nbev- down this week but I think 15 by end of year
Tnxp - conference news that should boost it up next week

Creg - another mass accumulation by the big boys pointing to a huge pay off

Srax- should go to 5 by like Q2.

Obviously do your own due diligence

 

[dtownreppin214]

any of you guys follow modern rock?