Boiler Room: The Official Stock Market Discussion

Skooby

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Can someone lead me in the right direction of where to put my money? I've recently starting having a little extra to do something with, and I want to start putting my money in the right place to start making it work for me.
What's your risk tolerance?
 
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What's your risk tolerance?
Slightly above average. Im young and single so im willing to take a few risks but it would also be nice to put into something steady as well. I have a 401k that my company is matching right now. Should I continue to contribute?
 

ill

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Slightly above average. Im young and single so im willing to take a few risks but it would also be nice to put into something steady as well. I have a 401k that my company is matching right now. Should I continue to contribute?

Yup. Check to see if your company matches 401k contributions and if yes, contribute the max amount they will allow you. You're basically getting free money if your company matches 401k contributions. Well worth it for the long term. If you're just starting out, I'd recommend an index fund (which is just a basket full of a diverse group of stocks). Returns on index funds have out-performed most hedge funds and they are relatively safe and low risk.
 

Perfectson

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Yup. Check to see if your company matches 401k contributions and if yes, contribute the max amount they will allow you. You're basically getting free money if your company matches 401k contributions. Well worth it for the long term. If you're just starting out, I'd recommend an index fund (which is just a basket full of a diverse group of stocks). Returns on index funds have out-performed most hedge funds and they are relatively safe and low risk.


cmon Ill, you not giving him anything specific there.

where do you think the market is gonna go short, medium, long term

with the NIRP going on, I would suggest pumping money in high yields, preferreds, and ETN that's giving at least 6-% of interest in relatively safe instruments. People will be seeking returns on all these negative loans

then get out when the bond bubble busts.
 
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cmon Ill, you not giving him anything specific there.

where do you think the market is gonna go short, medium, long term

with the NIRP going on, I would suggest pumping money in high yields, preferreds, and ETN that's giving at least 6-% of interest in relatively safe instruments. People will be seeking returns on all these negative loans

then get out when the bond bubble busts.
:patrice:
 

Perfectson

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ask me breh

you do understand bonds pay you back your principal right? thus making them relatively safe

the bond bubble is usually about duration risk and not credit risk, meaning people who come in later and/or pay premiums for bonds may lose out on the capital investment because interest rates going higher will devalue the bond. HOwever, if you hold to maturity you will get the principal back but those who are seeking alpha, will seel those bonds looking for the new bonds with higher interest rates

thus causing a bond bubble - it's not the same as the "safety" of the instrument, two totally different things.
 
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ask me breh

you do understand bonds pay you back your principal right? thus making them relatively safe

the bond bubble is usually about duration risk and not credit risk, meaning people who come in later and/or pay premiums for bonds may lose out on the capital investment because interest rates going higher will devalue the bond. HOwever, if you hold to maturity you will get the principal back but those who are seeking alpha, will seel those bonds looking for the new bonds with higher interest rates

thus causing a bond bubble - it's not the same as the "safety" of the instrument, two totally different things.
More worried about the risk of exchange traded products' viability in a situation where volatility spike and liquidity dries up.

And high yield is not an area where one should ignore credit risk.

:yeshrug:
 

Perfectson

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More worried about the risk of exchange traded products' viability in a situation where volatility spike and liquidity dries up.

And high yield is not an area where one should ignore credit risk.

:yeshrug:

i'm not saying ignore credit risk, but you also have credit risk in buying a stock

I know there's an inevitable bond bubble, but with rates in negative and US potentially not doing anything it's the feasible play here.

Most of the ETN's that are bonds that you get a coupon , have maturities breh and if you're starting to see the bubble , you get out of it and take a loss on the capital but hopefully you're calculating your YTC/YTW to see where your pain points is at for coupons vs capital losses.
 

无名的

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I knew I should have shorted ITT Tech stock

:mjcry:

My co founder at the startup I'm working on is a developer who taught there... he failed a student and the dean said you can't do that because corporate doesn't want bad grades... so they forced him to pass him

I was afraid to short when it was around $2.50 ... announced they're closing up shop today

:scust:
 

MJ Truth

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lol is $twtr not the easiest play right now?

Buy the dip, sell the spikes...

I get scared when it gets down to $17, but at this point, this shyt is as safe as they come...buying at $19.21 is a tough entry point if you're looking for short term gains... but up 34% since may 2nd...

I hope you guys are eating with me...
I bought Twitter just BECAUSE of you. :win:
 
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