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Just getting into investing---fun!

Yup, growing is nice indeed, however some of you remember that time of upheaval and great losses a few years ago, so, invest wisely, keep some close and safe from the losses that will happen, and trust wisely, and a very few so called "financial advisors" .
 
All fiat currencies eventually go to zero value and are in a race to the bottom as we speak. The USD is touted as a strong currency as it is in last place in the race. Regardless, unless your "investment" earns more than the real inflation rate (about 13% right now) you will be going backward. If you have currency to put at risk, it would be better to "speculate" rather than "invest".

As the Dow futures point to +255 point gain...
 
All fiat currencies eventually go to zero value and are in a race to the bottom as we speak. The USD is touted as a strong currency as it is in last place in the race. Regardless, unless your "investment" earns more than the real inflation rate (about 13% right now) you will be going backward. If you have currency to put at risk, it would be better to "speculate" rather than "invest".

I'm not sure about your 13% inflation claim. Stippled Glocks are still $500, same as last year.

For those without tin foil hats, the general strategy/excess cash waterfall, should be something like this:

Small rainy day fund
401k contribution up to company match limit
Pay off high interest debt
IRA
401k above match up to annual limit
Additional cash savings/investment account/ pay off other debt

For investments, stick with low cost ETFs and mutual funds. Don't bother with individual stocks, you don't have the time, skills, access to information and resources of the pros.

Traditional vs Roth is more nuanced and depends on individual details. In general, Roth makes more sense for younger people who expect their incomes, and tax bracket rates, to increase in the future. Investing with a Roth plan means trusting future government to honor its promises.
 
I always look for stocks/funds that pay good dividends. I am top heavy in Southern Co

Worth considering is MO, altria, the old tobacco company is way down, about 48, from it's high of 75 in 2017 and is paying a 6.5% dividend based on current stock price and is predicted to go to about 58 in next 12 months for about a 16% capital gain. Got about $3.3 billion in cash hoard.
 
As the Dow futures point to +255 point gain...
The stock market is only a financial craigslist: anything that can be securitized and sold...will be sold. It has no relevance to the strength of an economy. It never loses value, the assets merely change hands. When the stock market crashes, only investors loose money. Keep an eye on the bond market. When the bond market crashes, governments go broke...and become very dangerous.
 
I'm not sure about your 13% inflation claim. Stippled Glocks are still $500, same as last year.

For those without tin foil hats, the general strategy/excess cash waterfall, should be something like this:

Small rainy day fund
401k contribution up to company match limit
Pay off high interest debt
IRA
401k above match up to annual limit
Additional cash savings/investment account/ pay off other debt

For investments, stick with low cost ETFs and mutual funds. Don't bother with individual stocks, you don't have the time, skills, access to information and resources of the pros.

Traditional vs Roth is more nuanced and depends on individual details. In general, Roth makes more sense for younger people who expect their incomes, and tax bracket rates, to increase in the future. Investing with a Roth plan means trusting future government to honor its promises.

There is a difference between inflation and supply and demand price influence. Inflation is no more caused by rising prices than hurricanes are caused by falling trees.

http://www.shadowstats.com/alternate_data/inflation-charts Look at the 1980 based chart, the correct way to calculate inflation. Current gubmint calculations leave out all the things we need to survive like food , energy, electricity, etc.

Hardly a tin foil hat. As long as one stores his real wealth in fiat USD currency (mostly 1's and 0's in cyberspace), it can be devalued (stolen) with the stroke of a key. It will go to zero value, regardless. One can ignore reality if one likes, but one will not be able to ignore the consequences of ignoring reality.
 
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