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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Rausch 05:58 PM 10-30-2018
I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...
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Amnorix 06:06 PM 10-30-2018
Originally Posted by Rain Man:
I expect General Electric to make a rebound any day now.

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.
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Rain Man 06:17 PM 10-30-2018
Originally Posted by Amnorix:
I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.
I remember you saying that you were going to sell. I should have followed your lead. I kept thinking, "meh, I'm getting the dividend and the stock price doesn't affect that". Well, now I'm not getting a dividend and I think I'm down 60 percent. That stings.
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lewdog 08:48 PM 10-30-2018
Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.
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Discuss Thrower 08:49 PM 10-30-2018
Originally Posted by lewdog:
Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.
I've got $2,500 in cash just collecting dat 1% APY sweep.
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RunKC 06:52 PM 11-01-2018
https://www.cnbc.com/2018/11/01/here...acebook%7Cmain

401K Roth IRA contributions increased!
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Rain Man 10:14 AM 11-07-2018
It's not worth a whole thread, but I found this fact interesting and very surprising:

https://www.cnn.com/2018/11/07/inves...ing/index.html

China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.
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MahiMike 10:33 AM 11-07-2018
Originally Posted by Hammock Parties:
So guys...how can I turn 11 grand into 25 grand in six months
Loan the money to a professional house flipper.
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MahiMike 10:35 AM 11-07-2018
Will be interesting to see how these elections affect everything. Bump this morning.
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BigRichard 08:40 AM 11-09-2018
Originally Posted by Hog's Gone Fishin:
I just bought some on the dip.
I was going to do the same thing but I am glad I didn't. JP Morgan just dropped their value on them down to like $6 a share. They are dropping this morning now.
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Hog's Gone Fishin 09:25 AM 11-09-2018
Originally Posted by BigRichard:
I was going to do the same thing but I am glad I didn't. JP Morgan just dropped their value on them down to like $6 a share. They are dropping this morning now.
I obviously have as much influence as JP Morgan. GE sat between 12-15 forever. It goes to 11.60 so I throw 1K at it and now it's at 9.60.
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BigRichard 09:38 AM 11-09-2018
Originally Posted by Hog's Gone Fishin:
I obviously have as much influence as JP Morgan. GE sat between 12-15 forever. It goes to 11.60 so I throw 1K at it and now it's at 9.60.
It is actually right about 8.50 right now. I may make that jump here shortly once it drops some more.
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TinyEvel 12:31 PM 11-15-2018
Tossing around the option of a whole life policy as supplemental savings. I know that most people say buy term and invest the difference but the Long term care rider and tax avoidance when withdrawing later in life is appealing. Im 50 years old. and after 17 years the thing pays the premiums from the dividend, you stop paying into it, still get the 500K death benefit plus cash value at that point is around 290K.

This would be a supplement to a 401 K that I've built up over the past 25 years.

Thoughts?

Add this or keep contributing to 401K (some balanced funds and bonds as well as international stocks) and a online trading accounts (US stocks mostly tech and younger companies). but then be vulnerable to market shifts and taxes down the road.
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Buehler445 01:18 PM 11-15-2018
Originally Posted by TinyEvel:
Tossing around the option of a whole life policy as supplemental savings. I know that most people say buy term and invest the difference but the Long term care rider and tax avoidance when withdrawing later in life is appealing. Im 50 years old. and after 17 years the thing pays the premiums from the dividend, you stop paying into it, still get the 500K death benefit plus cash value at that point is around 290K.

This would be a supplement to a 401 K that I've built up over the past 25 years.

Thoughts?

Add this or keep contributing to 401K (some balanced funds and bonds as well as international stocks) and a online trading accounts (US stocks mostly tech and younger companies). but then be vulnerable to market shifts and taxes down the road.
Just do your research on the company. I have a term policy through Genworth which was a highly rated company. They got buttfucked by their LTC policies and don’t do shit with life anymore and all the features that would be nice are out the window.

Typically you can do better in mutual funds but it’s not a terrible tool.
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Iowanian 01:39 PM 11-15-2018
Congratulations. This thread drew me into the Etrade hobby early in the year. I've invested only "extra" money like FFB winnings, dividends from other investments(bioD etc)....

So far, I'm only down about $750 on the year on whims I obtained by reading here.....GE looked like a good idea because it was down and I'd had reason to believe some industry relevant things were going to pay off for them....US steel, Silica and some other things when I thought the oil boom and Steel Tariffs were going to pay off.....

I'm learning though, and I cashed out a couple of shitters and took a shot at a couple of hemp stocks.

someday, I'll cash out a roll.
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