Alright, dorks. Tell me about your investment strategies

[Gorosaurus]

Don't tell me that this forum doesn't have a billion thoughts about the Bitcoin/Dogecoin/whatever stuff going on. Do you also have a standard portfolio? Any day trading? What apps/platforms do you prefer?


For me, I have (FINALLY) a 401k, which is why I took the job I currently have. That has grown at a good 15% clip since I started it about a year and a half ago, but I'm still a good bit behind on retirement planning.

I also have an individual portfolio, which I managed to fund to around $5,200 over the last decade or so. Not much, but that was my "play" money, where I might buy/sell/hold depending on whether or not I wanted to bother with anything. It's currently valued just around $10k, so I'm happy with it!

I moved that account to Principal, as they held my retirement account, so that I could have it all under one roof. I don't necessarily recommend them ($20 trade costs is reaaaaally dumb, and their platform is neither intuitive or streamlined in any way).


For retirement, I went with a moderate mutual fund-heavy portfolio and I don't even touch the thing. That's what I consider the safe bucks.

The individual portfolio recently took off because I had invested in GKOS when I brought the funds over back in 2019 (and then forgot about it). Bought it at $36.5 and sold it last week at $95.

Now I'm jumping in to

NNDM
NANO DIMENSION LTD

CRSP
CRISPR THERAPEUTICS AG

As both had a decent fall today, but indicate they are on a larger upspring trend.



That said, THIS IS NOT INVESTMENT ADVICE AND I DON'T KNOW MUCH ABOUT IT ALL. So what do YOU do to learn more?


Oh, and I also got back in to Bitcoin last week at like $36,000 or whatever (I bought $300 worth), and that just shot up to $50,000 today (so now it's at $415, so yay).

Any youtube or books you recommend on any strategies?

[Plopilpy]

I buy my stocks in a carton

[Lord Blazer]

Theoretically my portfolio is pretty diverse, as far as money I've put in, something like 70% is in ETFs and Mutual Funds, with the other 30% in company stocks, though still fairly well divided with only a couple hundred dollars to a couple thousand in each

But I also got in on buying Tesla like two years ago so that's now 20% of my portfolio throwing the whole thing out of balance

Just fuckin diversify all your shit and stay out of meme markets like bitcoin and doge and gamestop and whatever other dumb bullshit the internet is pulling this week

e: I do all my trading through Stash, which like... they curate what investments you can buy into, which isn't great, but they also slap cutesy names on all the (mostly Vanguard) ETFs so I see "On Cloud Nine" instead of "First Trust ISE Cloud Computing Index Fund" and I say "hey cloud stuff is good I'll buy into that"

[Nixon]

yo goro while you’re here could you help out the 3dmm film section, its been getting overrun with spammers and no mods have been around to stop the problem from growing

[Plopilpy]

Originally Posted by Nickson

yo goro while you’re here could you help out the 3dmm film section, its been getting overrun with spammers and no mods have been around to stop the problem from growing

He just did that!!!

https://3dmm.com/showbans.php

[Gorosaurus]

Originally Posted by Lord Blazer

Theoretically my portfolio is pretty diverse, as far as money I've put in, something like 70% is in ETFs and Mutual Funds, with the other 30% in company stocks, though still fairly well divided with only a couple hundred dollars to a couple thousand in each

But I also got in on buying Tesla like two years ago so that's now 20% of my portfolio throwing the whole thing out of balance

Just fuckin diversify all your shit and stay out of meme markets like bitcoin and doge and gamestop and whatever other dumb bullshit the internet is pulling this week

e: I do all my trading through Stash, which like... they curate what investments you can buy into, which isn't great, but they also slap cutesy names on all the (mostly Vanguard) ETFs so I see "On Cloud Nine" instead of "First Trust ISE Cloud Computing Index Fund" and I say "hey cloud stuff is good I'll buy into that"

Interesting- I'll look at that Stash stuff. Very cool!

Tesla taking off is quite something, though I think it's currently way overvalued for its current reality. I really want to buy Starlink once that starts its IPO, but so does everyone else. I have a feeling that it will change the entire game of internet access (and currently is well subsidized by rural development grants, which probably won't change).

One thing that I originally set my investment portfolio to was the Gone Fishin' system, which I quickly searched for again here:
http://www.lazyportfolioetf.com/allo...hin-portfolio/

That's not the one that I originally used, as it was from some book from the 1990s, but the advice was pretty solid: Each year reset your portfolio to the desired %s that you're comfortable with. Thus, if Tesla rockets up (LOL) it throws the portfolio ratio off, so sell a few of those to keep stocks at 65% of your total portfolio. This means that you kind of ignore the whole thing 364 days each year, which is generally a good strategy. The book was all about Vanguard funds, so I'd like to know if those are still generally good long buys.

Your advice about meme stocks is spot-on. These are designed to be manipulated, and we, the lowly single-digit traders, are not the one pulling the strings.

[Lord Blazer]

Vanguard funds are always a good buy and the number one advice you will pretty much get anywhere, especially if you are new to investing

And because everyone gets that advice, it's a big ol' feedback loop

[DaveGomez]

ether

[topztehboi]

* cries in not having cryptocurrency *

[Anthropophagus]

I have a pretty good pension that I can begin collecting at age 55, but I also personally invest in safe ETFs like VOO or SPGY every month with the goal of having an extra 40k-50k at retirement in order to carry me up to Medicare age or maybe pay off any mortgage I still have left. 55 is relatively young for retirement but I fuckin hate work and will do anything to bail outta my career safely.

[Old Rivers]

I invested all my money in Microsoft Kids. Boy, I hope it pays dividends.

[Gorosaurus]

Man, 55 is crazy young. I hope you do it!

[Dungeon Snake]

If i had taken this job offer i got this winter it probably could have led to my being retired at the age of 57 with full pension from the gov't. But I turned it down cuz the guy seemed like an asshole. I think I've come to the conclusion that I really don't trust the government to do anything for me. I've been a federal worker for about 10-11 years and never have I received one single cent in my retirement fund from the government - in fact i'm not even allowed to open one. Some of these fed jobs have crazy benefits, but others (such as being a wildland firefighter) have none whatsoever. Who's to say after I work at this job for 25 years, the government won't just turn around and say "Actually sorry no there's not enough money. Whoops! Good luck!" I've had shit like that happen to me sooooo many times. People tell me "Oh but it's guaranteed!" shut up motherfucker, you seriously think they give a fuck about that??? They treat the fucking constitution like it's more a set of suggestions, don't play dumb with me. That's if America even exists in 25 years.


So to answer your question I have basically no money saved towards retirement or investment or anything like that. I don't trust our financial institutions and I don't trust the government. I've managed to save up enough money on my own at this point that I could conceivably buy a small piece of land, so I think I'm going to do that and build a small cabin, then either live there or sell it for a lot of money and buy a bigger property, build a bigger cabin, etc etc. To me stock investment just looks foolish, I fucking hate gambling. I want a 100% guarantee on my investment, so real estate is where it's at.

[Anthropophagus]

I'm surprised they don't offer lucrative retirement as that and good health insurance are generally the only two benefits to working for the government. I'm lucky to have a pension, assuming I live long enough for them to regret ever paying it to me, but at a state level here they have replaced the pensions with 401k's which is bullshit. I even came in at the lower contribution level which is 5% of my salary.

You can invest wisely and remove the gambling aspect. If you're day trading or getting involved with pump and dump schemes, there's certainly that risk, but some of the long term investments have great potential to earn you free money. I guess you're not totally wrong to lack faith in those institutions but honestly you're depriving yourself of money in the process. No one trusts the government or banks, but you use them to your advantage. You're leaving money on the table by refusing to invest, at least in the long term stocks that you won't touch for 25-30 years.

[Dungeon Snake]

why not invest in real estate in alaska, where there's no property tax, for 25-30 years? you're telling me the stock market is safer?

[Anthropophagus]

Real estate typically requires a larger up front investment. Your best bet for real estate if you're middle class is investing in section 8 housing with a co-investor if you can't cover the whole nut and becoming a slum lord. I have considered this too but my uncle did it and had a hell of a time with deadbeats.

If you're talking about raw land, like I said, it's more expensive than incremental investment, and has its own risks. I'd also not bet on Alaskan land becoming a gold mine or anything.

[Anthropophagus]

The slum lords here must make a killing. I'm in an affluent county but there's a couple ghetto areas. The row homes in those areas must have cost like 100k which is absolute dog shit here (cheapest single family home is like high 200s, mostly low 300s). They charge $1200/month rent or higher. After paying off the home, that's a pretty sweet gig considering they rent to blacks and illegal immigrants who can't access their tenant rights and can't complain about obvious landlord issues that richer people would never stand for. They also live like animals and destroy the homes but it's still lucrative, especially if you expand to multiple properties.

[Dungeon Snake]

hahah. no thanks, i have no interest in becoming a slum lord. lmao.

You're dead wrong about alaskan land... As we see worsening climate change, we'll see increased flight from the lower latitudes of the northern hemisphere. there will be increased immigration from southern hemisphere countries, increased economic pressure, probably more pandemics, more race riots, etc. plus it will constantly get hotter & wildfires will increase. Large portions of southern USA may become uninhabitable - I'm telling you guys, at this rate we're only years away from a major metropolitan US city being destroyed by wildfire. meanwhile portions of alaska will start to experience climate closer to eastern USA/Canada today. people will move north to escape the heat and hordes of immigrants and waves of violence and hurricanes, wildfires, etc. Alaska is the perfect choice for Americans, because you don't need to worry about citizenship, and there's no property tax. Land right around Fairbanks is insanely cheap but it's going to skyrocket in value, just you watch. You can quote this post in 20 years and I guarantee it will be proven right.

[Anthropophagus]

It may go up but I don't think enough people are going to flock there and God forbid they do and ruin that place like they are with every other area of wilderness in the contiguous portion of the country.