| Main > Everything Else |
| Stock Market |
| << < (10/15) > >> |
| Mike A:
It will all go into my arcade room and shop which I always offer to our community here for free. It is a charitable organization. |
| yotsuya:
Sent from my iPhone using Tapatalk |
| Zebidee:
--- Quote from: Gilrock on May 13, 2021, 03:11:08 pm ---I basically made bad decisions in my early years and found myself at 44 with nothing for retirement. Since then I've gone from $0 to $700K in 11 years. I've been very aggressive putting usually 100% in stocks. Now I'm about to turn 55 so I'm wanting to know where to shift some of that money to reduce the risk but not totally destroy it earning anything. From my 401K restrictions a friend suggested one called TIP. I believe its a Treasury bond ETF. --- End quote --- TIPS, Treasury Inflation Protected Securities. Bonds that have their value linked to inflation. Not a bad idea if you want to hedge against inflation (a very real possibility given all the unanticipated economic growth/activity going on while supply chains are stretched thin and many inputs are still scarce) and stock markets crashing, but you won't get any "growth". All eyes are on wages growth as a leading indicator for inflation, which will then flow on to rising interest rates, which would then choke investment capital off and make a lot of people worry about their investments (e.g. companies that carry a lot of debt) and return on capital. Wages will have to go up sooner or later because wages growth has been very slow for long time. Caveat here is that unemployment is now being driven to new lows so that might keep wages in check for a bit longer by pumping more supply into the labour market. |
| danny_galaga:
--- Quote from: Zebidee on May 13, 2021, 12:20:07 am --- --- Quote from: danny_galaga on May 12, 2021, 09:32:38 pm ---Definitely no derivatives of any sort for me. And no leveraging. Just what I can put away. Mind you, I am thinking of buying a bit of Bitcoin and etherium, which for all intents and purposes is a derivative- that is, not a commodity. A friend has been trading for a number of years so aim getting learned up from him. --- End quote --- Safer. Don't learn just from your friend, even if they are wise. While I'm sure you'll learn things from them, you'll also pickup their bad habits (we all have them). Grab a few good books on share trading and investing, and if you want to be an active trader get at least one on trading to charting signals. Charting is a good way to pick up on short-medium term price trends, though there are a few caveats to that. You can mostly ignore charting if you are a longer term fundamentals buy-and-hold investor. Whatever you do, develop an investment strategy and trading plan that works for you *and follow it*. It is your precious money so protect your capital by diversifying your investments across different sectors and markets. Decide what proportion you want to actively "play" with for short-term & speculative trading and stick to it (I would keep this relatively quite small). Continuously adapt your trading plan as needed but follow the plan, let it tell you what to do. Avoid making decisions "on the fly", while the numbers are whooshing past you - it doesn't work as emotions will override good sense. --- End quote --- Oh I've been buying and selling shares for about twenty years. I think I may have even introduced my Bitcoin buying friend to share trading in the first place ;D He's a lot smarter than me so I trust his advice. |
| Zebidee:
Bitcoin transactions burn heaps of power, globally equivalent to a not-so-small country. There are much more energy-efficient alternatives. Something to think about as we strive to save the planet. |
| Navigation |
| Message Index |
| Next page |
| Previous page |