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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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  #1  
Old 10-07-2009, 02:12 PM
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cmdrost cmdrost is offline
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FlagUS I claim this spot!!!

Sweet got my own forum....can I be the go to guy?

Year to Date returns ending 10/6/2009

Index Return
S&P 500 19.01%
Dow Jones 13.72%
NASDAQ 34.40%

US Treasuries
1 yr - 0.36%
10 yr - 3.21%

Fed Funds Rate - 0.25%

Prime Rate - 3.25%
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  #2  
Old 10-07-2009, 02:14 PM
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CM...dusting off my coffee can w/ my stash!! Lead me the way bro...I want to retire at 35!!!
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  #3  
Old 10-07-2009, 02:23 PM
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i'm listening
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  #4  
Old 10-07-2009, 02:29 PM
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invest it instead of buying guns

J/k man....i would do the same!

But seriously, nows the time for younger generations to buy stocks. This is a young persons market right now.

http://news.yahoo.com/s/ap/20091005/...generation_gap
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  #5  
Old 10-07-2009, 03:41 PM
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Drost... Come on and bring out some of those 5% ERA's,,,, I know yall are hiding them
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  #6  
Old 10-07-2009, 03:43 PM
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This is what im racking back with right now

Personal Rate of Return from 01/01/2009 to 10/06/2009 is 37.8%
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  #7  
Old 10-07-2009, 03:49 PM
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dang good year for you!
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  #8  
Old 10-07-2009, 03:50 PM
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I am right at 24%.
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  #9  
Old 10-07-2009, 03:52 PM
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im too skeptical about loosing money

wanna show me some good stocks? pm me?
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  #10  
Old 10-07-2009, 03:57 PM
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Quote:
Originally Posted by cmdrost View Post
dang good year for you!

this is a good year but Im just getting over my (-29%) loss from last year

My lifetime on this account which is 10years old... is 27.9% gain

I had two bad years...2001 and 2008...rest have been great
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  #11  
Old 10-07-2009, 06:33 PM
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Quote:
Originally Posted by yak'em-n-stack'em View Post
im too skeptical about loosing money

wanna show me some good stocks? pm me?

Chinese stocks have been strong for most of the past year.....4 out of the top 10 stocks currently [on my research spreadsheet] are Chinese.

Two of the best have been Baidu, Inc [BIDU] and Perfect World Co. Ltd. [PWRD].

If you have a question about a particluar stock.....I can give you some inforation.
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  #12  
Old 10-07-2009, 07:16 PM
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I'm in Mutual Funds................goin the long term route.........not sure what Obama's gonna do next, playin it safe.............Gaining 1250 every month, so I'll stick to it for now........
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Old 10-07-2009, 07:43 PM
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Quote:
Originally Posted by Dink View Post
I'm in Mutual Funds................goin the long term route.........not sure what Obama's gonna do next, playin it safe.............Gaining 1250 every month, so I'll stick to it for now........

While Mutual Funds are usually a good "safe" investment, there are some obsticals in what Companies they can invest their [your] money.

Most funds spread there money out into many many stocks. How many of the stocks they buy are rated very strong buys or strong buys? They have to spread out their [your] money into some "average" stock that do not perform well. This lowers the profit on their investments.

Most funds can not buy Medium or Small Cap stocks because they have so much money to invest, they would be buying major percentage of that company if the Mutual Fund were to invest say 3 or 4 % of their [your] money.

Granted....to be a successfull investor, it requires some time to study companies before investing your money. Buying Mutual Funds is easier..... with a much lower risk---reward.
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  #14  
Old 10-08-2009, 07:12 AM
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I went with The Mutual Fund Store out of Baton Rouge(i'm not tackleing this myself)...............SO far so good............It buggs me that I could be doing better somewhere else, I just don't like what the Prez is doing, so I'm playin safe
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  #15  
Old 10-08-2009, 07:29 AM
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Quote:
Originally Posted by Dink View Post
I'm in Mutual Funds................goin the long term route.........not sure what Obama's gonna do next, playin it safe.............Gaining 1250 every month, so I'll stick to it for now........
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  #16  
Old 10-08-2009, 08:19 AM
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Quote:
Originally Posted by yak'em-n-stack'em View Post
im too skeptical about loosing money

wanna show me some good stocks? pm me?
You're way too young to be worried about principle loss. Look at what "W" just said:

"this is a good year but Im just getting over my (-29%) loss from last year

My lifetime on this account which is 10years old... is 27.9% gain

I had two bad years...2001 and 2008...rest have been great"


You are gonna have some bad years, but over the long run the market will outperform CD's, savings accts, etc.

The younger you are, the more aggressive you can afford to be.
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  #17  
Old 10-08-2009, 08:22 AM
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I lost 28% and gained 23%.
But I lost 28% on the bigger amount and gained 23% on the smaller amount.
Won't be long and I should be back to the level I was last year.
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  #18  
Old 10-08-2009, 09:13 AM
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Quote:
Originally Posted by cmdrost View Post
You're way too young to be worried about principle loss. Look at what "W" just said:

"this is a good year but Im just getting over my (-29%) loss from last year

My lifetime on this account which is 10years old... is 27.9% gain

I had two bad years...2001 and 2008...rest have been great"


You are gonna have some bad years, but over the long run the market will outperform CD's, savings accts, etc.

The younger you are, the more aggressive you can afford to be.
Financial theory holds that you can't beat the market - i.e. index funds are the way to go. Just look at the bet that Buffet has put in place with the hedge fund manager claiming he could beat the market over a 10 year span. I have one of those worthless MBA's and my best friend is an equity analyst. We go round and round all the time about the market.

My retirement account is strictly index funds, with some bond funds and preservation funds mixed in. On a individual basis, I am not a fan of buy and hold when it comes to stocks - this market has too much uncertainty.

Would advise picking a target for both gains and losses - use stop limits to cover your rear. I worked for an energy trading company and that strategy worked well...
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  #19  
Old 10-08-2009, 09:35 AM
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Quote:
Originally Posted by mikethetiger55 View Post
Financial theory holds that you can't beat the market - i.e. index funds are the way to go. Just look at the bet that Buffet has put in place with the hedge fund manager claiming he could beat the market over a 10 year span. I have one of those worthless MBA's and my best friend is an equity analyst. We go round and round all the time about the market.

My retirement account is strictly index funds, with some bond funds and preservation funds mixed in. On a individual basis, I am not a fan of buy and hold when it comes to stocks - this market has too much uncertainty.

Would advise picking a target for both gains and losses - use stop limits to cover your rear. I worked for an energy trading company and that strategy worked well...

I agree with you mostly....IF buying stocks, it is good to stick to a buy and hold strategy, BUT that being said....mutual funds or index funds are a better way to go over the long run IMHO.
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  #20  
Old 10-08-2009, 09:43 AM
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Quote:
Originally Posted by SULPHITE View Post
CM...dusting off my coffee can w/ my stash!! Lead me the way bro...I want to retire at 35!!!

I can be done! At your current age though, You have to be extremely disciplined saver though. Which is very tough to do.

Lets just assume you are able to save $1MM by age 35, that'd provide you with roughly $50k per yr in income without touching your principle. So you can take it from there. If you need more income, save more, if thats enough you now know your target.

Retiring at 55 instead of 65 or 35 is much more realistic, because you're money has so much longer to grow. That'd give you roughly 30 yrs invested instead of 10 yrs.

The key is to start now, gotta build a bigger base 1st to grow faster.
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