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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. lawyerdad

    lawyerdad Senior member

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    Pro tip: people looking for hot stock tips on the internet should be in mutual funds.
    :)
     


  2. Concordia

    Concordia Senior member Dubiously Honored

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    Or as Buffett likes to say, if you don't know who the patsy at the card table is, it's probably you.
     


  3. amerikajinda

    amerikajinda Senior member

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    One way to get around the trading costs is through Schwab's ETF OneSource[​IMG] -- where you will not incur any commissions to buy or sell over a hundred different ETFs (in your online Schwab account). In my Schwab account I have SCHB, SCHD, SCHF, SCHE and a little JPP. As an example, SCHB is of course commission-free and has an expense ratio of only .04%, giving you a cheap, easy way to own Apple, Exxon, Microsoft, Johnson & Johnson, General Electric, Wells Fargo, Chevron, Berkshire Hathaway, Procter & Gamble and JP Morgan Chase -- its top 10 holdings -- as well as 2,000 more of the largest U.S. Stocks (most of which you've probably heard of).

    Personally, for a nice, solid core portfolio - no bells and whistles - I'd recommend that you put 45% into SCHB, 35% into SCHF, and 10% each into SCHD and SCHE. If you're closer to retirement and want some exposure to bonds, take 5% out of SCHF and put that 5% into SCHZ. Your'e welcome.

    Schwab's ETF OneSource[​IMG] list changes from time to time, but here's what's available today:

    (a little something for everybody!)

    [​IMG]
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    Last edited: Jun 9, 2014


  4. Concordia

    Concordia Senior member Dubiously Honored

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    I was thinking of bid/ask spread which people forget but is usually a much bigger problem than commissions.
     


  5. amerikajinda

    amerikajinda Senior member

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    Good point - people too often neglect the importance of timely executions.

    Did some buying and selling today in my play account - unloaded $WHR, $FLR and $EOG, picked up some $NE, $ESV and $CTSH.

    [​IMG]
     


  6. SkinnyGoomba

    SkinnyGoomba Senior member

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    Except in a boldly up market, I will usually just put my orders in with an execution price. I'm not trading daily, so I don't mind waiting for the purchase to go through.
     


  7. idfnl

    idfnl Senior member

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    I've been holding all my shit lately. I sold TSLA, but that's it.

    Unrelated, so its a long story but I'm curious about what funds you guys are recommending. I am a fan of Vanguard already, so anything outside of that. I'm providing input on a new 401k setup for a small business. Within this plan there is a fair amount of freedom to trade anything, even ETF's.

    What funds are you guys sitting on? (if you mention a name, can you give me a sense of how risky you think it is? Also, I am particularly sensitive to fees)

    Lastly, I mentioned ETF's, any rationale + or - towards their use in a 401k. As an example, I was thinking of GLD as a component.
     
    Last edited: Jun 10, 2014


  8. amerikajinda

    amerikajinda Senior member

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    Well fwiw I've done well holding these three funds... you might wanna research them to see how they fit in with your risk/reward level.

    [​IMG]
     


  9. idfnl

    idfnl Senior member

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    Thanks, dude.
     


  10. lawyerdad

    lawyerdad Senior member

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    I've fallen out of the habit of reading Andrew Tobias's column, but I know he was following and wrote some thoughts about GLD on a couple of occasions. I'm sure you can search for those pieces on his website if they'd be of any interest.
     


  11. dopey

    dopey Senior member Dubiously Honored

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  12. djblisk

    djblisk Senior member

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    I have FBIOX and FSCSX
     


  13. GreenFrog

    GreenFrog Senior member

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    I'm finally at breakeven with my AAPL position from two years ago!!!

    At its lowest, I was down ~30% and worried that it'd never recover. I guess patience pays off! :slayer:

    I had been telling myself that I was going to dump AAPL the moment I got to breakeven just because I was so disgusted with how the street and market treated the stock. I think I'll hold onto it for longer :embar:.
     
    Last edited: Jun 10, 2014


  14. stevent

    stevent Senior member

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    Haha I actually had sell order at $575 but cancelled it thankfully

    eBay on the other hand I need to sell though not sure if now is right time
     


  15. RedLeg

    RedLeg Senior member

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    I'll probably cut my stake in half here soon, but I was fortunate to get in when it was in the low 400's. Told myself I was going to dump it all post split, but the heavy call option volume has made me inclined to hold it for a bit. Don't forget the ~3% dividend you've been getting.

    I picked up JPM, ZU & DSW about a week ago
     


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