It is a new year and maybe time to look at investments and consider what st ocks to buy and which to sell. I do really rotten on deciding which stock s to sell. I tend to accumulate a little money and then look to see what s eems like a good buy. But I almost never sell. As an investment strategy it probably stinks, but it has done middling good for me.
Disclaimer I believe in having most of my money in an index fund. But like to have a little money in stocks just to make life interesting.
So does anyone have a stock they think will do better than average?
I'm a lot better at buying stocks than selling, too. I bought Apple at something like 10 and sold half when it doubled and the other half when it doubled again. It's hard to get back in when you've done well.
Nope. I'd diversify far and wide, right about now. All boats are rising, except those that don't. Dilute those that don't.
What appears to be good advice on any given stock/ETF/bond is to NOT buy until you set an exit strategy (WHAT conditions to sell..say 20% trailing loss) and STICK TO IT!!!!!!
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like to have a little money in stocks just to make life interesting.
My exit strategy is to do very little selling from now until I die. My hei rs will get the stocks with a cost basis based on their price at the time o f my death.
Well I have a little different strategy for what is in my roll over IRA, I am old enough that I have to take the minimum required distribution and t hat is taxed an ordinary income. I need to roll over some of it into a ROT H IRA. Should have done that years ago, but did not think it would appreci ate as much as it has.
LG Electronics, Samsung, Dialog Semiconductor, Analog Devices, Alnylam Pharmaceuticals, Vivint Solar, BASF, Norfolk Southern, UPS, MERKX Merk Hard Currency Fund
Have you considered becoming a CEO? The outlook for CEOs seems pretty good for 2018. Instead of being faced with the choice of losing money if their stock does poorly and gaining money if they do well they're faced with the choice of being super-rich if it does poorly and ultra-rich if it does well. Seems like a pretty good deal, u should try it
t like to have a little money in stocks just to make life interesting.
eirs will get the stocks with a cost basis based on their price at the time of my death.
I am old enough that I have to take the minimum required distribution and that is taxed an ordinary income. I need to roll over some of it into a R OTH IRA. Should have done that years ago, but did not think it would appre ciate as much as it has.
What makes you think Roth IRA doesn't appreciate as well as ordinary IRA???
stocks to buy and which to sell. I do really rotten on deciding which sto cks to sell. I tend to accumulate a little money and then look to see what seems like a good buy. But I almost never sell. As an investment strateg y it probably stinks, but it has done middling good for me.
ke to have a little money in stocks just to make life interesting.
Concentrate, man! Whether his heirs end up Republican or not is riding on his portfolio price at the time of his death, so you'd better get this correct!
On Tuesday, January 2, 2018 at 11:41:24 AM UTC-5, snipped-for-privacy@gmail.com wrote: .
A, I am old enough that I have to take the minimum required distribution a nd that is taxed an ordinary income. I need to roll over some of it into a ROTH IRA. Should have done that years ago, but did not think it would app reciate as much as it has.
??
I believe the Roth IRA will have exactly the same appreciation ( assuming b oth are invested in say an index 500 fund )
But say I have a million dollars in my IRA and in the next ten years ic gro ws to two million dollars. And then I withdraw it and spend it. I will pa y tax on two million dollars. Say the tax is 20% so I have $1,600,000 to s pend.
if I roll it over to a Roth IRA , I will pay tax on one million dollars, sa y that the tax is 20%, so,I have $800,000 int he Roth Ira. and in ten year s it doubles to $ 1,600,000. So I have exactly the same amount to spend,
But the tax on the two million dollars is probably going to be more than 20 %. and if the increase is triple rather than double, then the tax on the p lain ira in on 3 million and the tax on the Roth has already been paid and it was on one million.
at stocks to buy and which to sell. I do really rotten on deciding which stocks to sell. I tend to accumulate a little money and then look to see w hat seems like a good buy. But I almost never sell. As an investment stra tegy it probably stinks, but it has done middling good for me.
like to have a little money in stocks just to make life interesting.
I have the same idea, most of my money is in VTSAX, Vanguard's Total Stock Market Fund. But I have a play account where I mostly buy REITs, both regular and preferred. I think I will do Roth Conversions starting in 2018. I'm about 50/50 regular and tax deferred funds. But the RMDs will force us into a higher tax rate than the income we need to live. I was plenty happy with the 21% return of VTSAX this year.
104% over the last 5 years, (includes dividends)
Bitrex, your complaints show your jealousy and lack of financial planing. Google MrMoneyMustache.
Ok, I'll give you credit for that, I have zero accounting skills and no technical skills to apply to stocks. So, I can't recommend a stock that will do better than average. I bought, err, was sold my first stock in the early 80s, Baldwin United, followed it all the way to bankruptcy. After the fact I found one young analyst was trying to tell everyone this company was in trouble, no one saw it, he was selling short while the price continued to rise.
I follow a forum on Seeking Alpha called THE REIT FORUM, a very transparent analyst/accountant digs deep about companies, he posts much more about the financials than I can understand, but he gives a conclusion and buy/sell prices. Also posts his portfolio for all to see. Loads and loads of data presented. $2 or $3 hundred a year. Made many times that on my first trade. Mikek
I mean, OP is asking random people on a Usenet forum. "For entertainment purposes only, this should not be construed as actual financial advice, please consult a qualified investment manager" should be the disclaimer.
At the end of the day though, there are ways to make selections mathematically rigorously, and ways to do it non-rigorously. The first is called "computational finance" (how much do you feel like learning about expected values, skew-normal distributions, Bayesian regression, and autoregressive stochastic modelling) and the second is more or less educated guessing/gut feeling. ;-)
Get a thousand people and tell 50% of them stock X will go up, and tell
50% stock X will go down. Stock X goes up. Tell 50% of the first 50% stock Y will go up, and the other 50% stock Y will go down.
After just a couple iterations of that you'll be left with a non-insignificant number of people who would literally crawl through broken glass to get your next "prediction"
I do not use a investment manager. It takes a lot of effort to find a qual ified investment manager. Better to put that effort into finding good inves tments , not in finding someone to take your money in return for advice.
And I am not looking to blindly take suggestions here. But it is interesti ng to see what other people think are good stocks and maybe decide some of the suggestions are good and worth a flutter.
In addition to making mediocre cellphones/consumer electronics, LG and Samsung produce batteries for electric vehicles, e.g. the Chevy Bolt, which despite getting pooh-poohed around here is looking like it's going to be a hit, particularly with Tesla's offering delayed till who knows when:
Dialog Semiconductor recently acquired Silego Technology which makes a cute and very cheap-in-quantity mixed-signal PLA-type device, I think they're going to sell a lot of them
Looks like it's going to be a good year for trucking and trains, BASF has a decent P/E ratio for a relatively inexpensive stock and pays a pretty nice dividend too, seems to be recommended by this "Seeking Alpha" that Mikek is enamored with as well, guessing the Trump admin is going to try to keep the dollar fairly weak to boost exports so a hard currency fund that holds other currencies as a hedge might not be a bad idea.
At the very least funds like the Merk hard currency fund and Fidelity Inflation Protect Bond are lower-risk than index funds but definitely beat just having money sitting in the bank doing nothing but lose value.
Also keep in mind I'm in my mid 30s and unmarried, so my "strategy" is going to be little different than most older guys here. Cash is king, the best "retirement fund" I can think of at this point would be having about a half-million bucks in the bank (or as close to liquid as possible hedged against inflation) and then taking it all someplace a half-million bucks goes a lot further than it does here.
What assumptions am I making about what the year 2052 will be like, paying into an IRA? That anyone's going to be around to pay out?
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