Talking stocks, trading, and investing in general

[jbarwick]

When every other phone runs Android, gaining market share is tough. I know other phones run Windows or some niche OS but no one buys those on any large scale. There was a report I saw that mentioned larger phones were gaining market share/popularity but that too is **** because when you walk into a store and every Android device is running a 4"+ screen. People are just being forced into larger devices whether they like it or not.

 

[djblisk]

Can't fit the Iphone 6 plus in my skinny jeans. Had to buy the 6,

 

[otc]



Are you sure she had the 6? They haven't been released just yet.

Fully expecting iOS to steal some market share points from android.

Definitely a 6. Was probably some sort of dev/test model as it had some ID # or something printed on the front next to the home button (presumably to track who loses their pre-release phone in a bar).

 

[djblisk]

Nice day to buy. Everything on sale.

 

[idfnl]



Nice day to buy. Everything on sale.

I think there will be more selling before the week is out. It's sea of red. My biggest gainer today is up $7 total.

 

[concealed]

probably gonna buy the 6 over the 6 plus, my wife will get the plus I am sure

 

[jbarwick]

Got the 401(k) investment guide for my new job. Best expense ratio is a 0.06% on an S&P 500 fund which is nice but everything else is 0.70 and above.

Makes keeping our asset allocation a ***** when 401(k)'s make up the bulk of our retirement portfolio currently and are best kept in the S&P funds. Will have to bite the expense ratio bullet and expand a bit in the coming years unless we again leave our current positions in the future and can roll those over into an IRA.

 

[otc]

I mean... .70 isn't exactly crazy talk.
It's not S&P index fund low, but its not 2%.

 

[jbarwick]

I mean... .70 isn't exactly crazy talk.
It's not S&P index fund low, but its not 2%.

True. As GF knows with ADP for a 401(k) manager, most things there are 1.00+ with the S&P fund being something like 0.70.

 

[idfnl]

FB down 3.5%. Nice discount.

 

[GreenFrog]



True.  As GF knows with ADP for a 401(k) manager, most things there are 1.00+ with the S&P fund being something like 0.70.

Sounds like your employer selected a more diverse plan for you guys. We definitely don't have anything remotely near 6 bps. I'm jealous.

 

[Beckwith]

70 bps is pretty good for a mutual fund in a 401(k), means employer is picking up a decent amount of costs. I would pay the fund expenses and depending on age, load up with the risk assets, ie small cap, mid cap etc. SFTBY!

NASDAQ risk assets on sale for BABA funds.

 

[idfnl]



70 bps is pretty good for a mutual fund in a 401(k), means employer is picking up a decent amount of costs. I would pay the fund expenses and depending on age, load up with the risk assets, ie small cap, mid cap etc. SFTBY!

NASDAQ risk assets on sale for BABA funds.

These expense numbers are often times misleading. There are all kinds of hidden fees involved here that you're not aware of. It's the investing equivalent of a late 90's phone bill.

The PBS's 401k scam documentary, it explains the problem.

 

[jbarwick]

I can get Mid Cap S&P 400 and Small Cap S&P 600 for 0.06 BP but do not know how those will fit into my asset allocation until it gets to a certain size which is at least 2 years away.

 

[Beckwith]

Usually the provider or employer stick the fees of the plan into the expense ratios, you sometimes see expense ratios of 1.5% or higher. At .70%, it means the employer is paying some offset or the plan is really big. Although worst thing to do is roll one old plan into new plan, should roll out to IRA.