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Stock Thread 2019

:teeth

Would the index fund VFINX be essentially the same?

I don't know. I recommend any indexed fund that covers a broad large cap market.

VFINX is a mutual fund, VOO is an ETF, there's a difference there.
 
I prefer VTI, it goes beyond the S&P 500 into the mid and small caps as well.

But you really should have some foreign stocks as well. Especially emerging markets if you're a long-term investor.

Absolutely. I'm recommending VOO in this instance as a small purchase to take a first step into the market. Not as an investment strategy.
 
I prefer VTI, it goes beyond the S&P 500 into the mid and small caps as well.

But you really should have some foreign stocks as well. Especially emerging markets if you're a long-term investor.

Haven’t done it cause I’m not at my laptop but I suspect if you plot the chart of each over the past few years they’d match pretty close.
 
LYFT down to $69. That was a short bubble. Wonder how low it will go.
 
If you mean the S&P 500 funds, sure, they'd all be very close, but the fees differ. A few even have 0% fees now, although I haven't bothered looking at the fine print.

Quite a few really low cost ETF's around that don't have commission fees when you buy. No commission is really helpful if you are buying small amounts at a time.

I use Schwab, but most of the other online brokers have something similar.
 
damn who else killed it on pge?

my family went in at 8 and sold at 17

new home incoming
 
Anyone one looking into renewable energy or cannabis? And PGE was what brought me in here, I wish I was prepared to buy some then...
 
Anyone one looking into renewable energy or cannabis? And PGE was what brought me in here, I wish I was prepared to buy some then...

I'm looking at cannabis stocks.

Currently have 1 (CURLF) and it is doing okay but should sky rocket in the next year or so.

I am watching
GRWG
CWBHF
ORHOF/CRLBF
BLOZF
TGODF
 
I'm looking at cannabis stocks.

Currently have 1 (CURLF) and it is doing okay but should sky rocket in the next year or so.

I am watching
GRWG
CWBHF
ORHOF/CRLBF
BLOZF
TGODF

I'm actually very peripherally in the cannabis industry, in a legal fashion. I don't see anything that indicates things are suddenly going to improve.
 
CURLF up 9% today. Looking good to keep going.

Dabbling in a few others now:

CVSI
JASN
BA
VWAPY
 
Uh, new home? So, they had several hundred thousand in one stock?

Yeah 100k becomes 200k just like that, look at the high vs low of pge, 52week avg. We each got accounts so yeah they made out....

My family decided rock bottom was under $10.

We been talking, pge is too big to fail,they did this in late 90s and watch how the stock rebounded.

In fact we talked about letting it sit and climb back to 50+, but it doubled so fast we decided to take $$$ out now and buy a new home
 
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I'm rolling my retirement accounts over to Betterment, they're really out ahead of the game when it comes to modern portfolio theory, asset allocation, and making the whole process very user friendly and efficient. Basically done coming up with my own theses about what stock X is going to do on any given day/week/year and moving to a hands off portfolio that's optimized through incredibly extensive backtesting for risk and return.

Opened a wealthfront savings account and investing account. Emergency stash is fully funded in the savings at 2.24apy. Putting money now into the investing account. When you say you rolled everything in, no more work 401k or Roth IRAs? My wife and I are contributing some money pre and post tax into work accounts, you think we should transition to the robo investment account? She gets employer deposits into a separate 401k and I will have a pension, so this wouldn't be all in, but it would mean ending the employee- contributions at work and upping the investment account from 200/mo to 1200/mo.
 
Yeah 100k becomes 200k just like that, look at the high vs low of pge, 52week avg. We each got accounts so yeah they made out....

My family decided rock bottom was under $10.

We been talking, pge is too big to fail,they did this in late 90s and watch how the stock rebounded.

In fact we talked about letting it sit and climb back to 50+, but it doubled so fast we decided to take $$$ out now and buy a new home

Congrats on the win. A company too big to fail.
 
Yeah 100k becomes 200k just like that, look at the high vs low of pge, 52week avg. We each got accounts so yeah they made out....

My family decided rock bottom was under $10.

We been talking, pge is too big to fail,they did this in late 90s and watch how the stock rebounded.

In fact we talked about letting it sit and climb back to 50+, but it doubled so fast we decided to take $$$ out now and buy a new home

What's the tax liability on that sort of win?
 
Opened a wealthfront savings account and investing account. Emergency stash is fully funded in the savings at 2.24apy. Putting money now into the investing account.

When you say you rolled everything in, no more work 401k or Roth IRAs? My wife and I are contributing some money pre and post tax into work accounts, you think we should transition to the robo investment account?

She gets employer deposits into a separate 401k and I will have a pension, so this wouldn't be all in, but it would mean ending the employee- contributions at work and upping the investment account from 200/mo to 1200/mo.

I'm rolling in my old IRA and 401(k) into the Betterment account, you definitely don't want to miss out on employer matching.

As far as optimizing your balance of pre and post-tax contributions, that's a complex balance that involves a lot of analysis of your specific financial situation.

I just changed jobs, working for a much smaller company now, and they don't currently have a 401(k) although they intend to start one before the end of the year. My plan is to fully fund that to the IRS maximum, and then try to max out Roth IRA's for both my wife and myself. That's about our best bet, but your mileage may vary.
 
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