The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. Husker

    Husker Member

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    Started to peel the onion so to speak on the funds in the Inherited IRA. Took TireSmoke's advice and did some comparisons on Google Finance and boy there are some real stinkers. The worst of which was a Wells Fargo fund which happens to be the brokerage where my Dad parked his money with his long time advisor. Had some nice performance over time with MainStay Winslow (MLAIX), MFS Growth (MFEGX) and Voya Large Cap (PLCIX). Maybe I should just sell the other 14 funds and. park that money in those 3... OR I could take WXYZ's advice and invest it all in BABA and Bitcoin? Just kidding, just kidding!
     
  2. TireSmoke

    TireSmoke Active Member

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    Before you do that I would look into an ETF that tracks the S&P 500. I like Vanguard but there are other options as well.

    Here is what I'm seeing:
    MLAIX does the same thing as MFEGX but for a cheaper expense ratio (.72 vs .87) both underperform the S&P over the long term
    PLCIX has an expense ratio of .66

    My opinion is with ETF's (exchange traded funds) you get the benefits of the diversification of a mutual funds without the expense. And they trade like stocks so if you want to sell it at todays price at 3:53 on a Tuesday, you can.

    Go back to the google comparison and put in those 3 mutual funds and compare them to VGT, VOO, QQQ, SPY and some of the ETF's that @oldmanram has in his post a few pages back. I am not sure how old you are or what your 'time frame' is so that will dictate you decision as well. This would also be an opportunity to take a small portion of it and look into some strong American large cap stocks.
     
  3. zukodany

    zukodany Well-Known Member

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    I absolutely cannot believe that I am in the green today but I’m up… 0.3 points lol
    It will come soon I’m sure… the breaker will be switched… but we’ll do just fine… for now…
    UL does have a terrible chart and a great deal of debt… will keep away from it as well
    Terrible what happened with CRWD after the bell today… oh well.. a company that doesn’t generate earnings yet, but has a bright future, that’s what you get
    I may just dump it and get more fb tomorrow… I made my money even with the loss tomorrow
     
  4. oldmanram

    oldmanram Well-Known Member

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    well today here it is ...................................
    drum roll please


    stocks UP .22%
    ETF's DN .22%
    NET 0.00%
    I lost $14.51 today
    going to do some trimming tomorrow
    DIA going going gone
    VTWO same
    reinvest in
    XSW
    XLK
    VUG
     
  5. emmett kelly

    emmett kelly Well-Known Member

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    hey, @zukodany , you mentioned $27 resistance level. the moment of truth is upon us. will it break through?

    upload_2021-9-1_7-25-16.png
     
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  6. WXYZ

    WXYZ Well-Known Member

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    Well looks like the markets dont need my help. That is a good thing since I am tied up for the next day or two. You got it Emmett.
     
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  7. emmett kelly

    emmett kelly Well-Known Member

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    okay, boss, i'll see what i can do.
     
  8. TireSmoke

    TireSmoke Active Member

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    We sure are lucky to have Emmett on our side!
     
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  9. zukodany

    zukodany Well-Known Member

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    Yesss it’s getting there… the charts support a break point with 27… at this point everyone’s playing pltr… the amount of floated short is very low and the company has a promising future… what can go wrong? I don’t know
    I’m also watching dlo (dlocal) a payment platform based in Uruguay which facilitates to major players as Amazon Uber Didi Nike and others. They have a great balance sheet and are in a strong market. Other than enphase I don’t own any other foreign company, but that may change soon ;)
    So far my day is solidly green… booming period for stocks… I don’t think we’ve had anything like this since early feb
    Also watch out for Roku.. if it’s gaining another 5% I’m in it for a small stake
    Enjoy your week everyone
     
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  10. oldmanram

    oldmanram Well-Known Member

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    Doing Good Emmett !!
    Dumped DIA
    Picked up:
    AMZN ,,,,,,,. since it's been just flat all year
    XSW .......... I have good feelings for the software industry (and it's outperformed VOOG and VUG YTD)
    VOOG ........My old standby
    ARKQ ........ yes, more Cathie Woods: AI / robotics
     
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  11. emmett kelly

    emmett kelly Well-Known Member

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    at first glance uraguay could pass the litmus test for foreign countries in which to invest.

    ----

    Uruguay is a representative democratic republic with a presidential system.[63] The members of government are elected for a five-year term by a universal suffrage system.[63] Uruguay is a unitary state: justice, education, health, security, foreign policy and defense are all administered nationwide.[63] The Executive Power is exercised by the president and a cabinet of 13 ministers.[63]

    [​IMG]
    Palacio Piria, seat of the supreme court
    The legislative power is constituted by the General Assembly, composed of two chambers: the Chamber of Representatives, consisting of 99 members representing the 19 departments, elected for a five-year term based on proportional representation; and the Chamber of Senators, consisting of 31 members, 30 of whom are elected for a five-year term by proportional representation and the Vice-President, who presides over the chamber.[63]

    The judicial arm is exercised by the Supreme Court, the Bench and Judges nationwide. The members of the Supreme Court are elected by the General Assembly; the members of the Bench are selected by the Supreme Court with the consent of the Senate, and the Judges are directly assigned by the Supreme Court.[63]
     
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  12. zukodany

    zukodany Well-Known Member

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    …and on second glance.. they also have this guy

    CD3D54DE-BA54-4E7C-A2A8-A7BE1759D9C2.jpeg
     
  13. emmett kelly

    emmett kelly Well-Known Member

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    and on 3rd glance.

    [​IMG]
     
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  14. zukodany

    zukodany Well-Known Member

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    GOALLLLLLLLL
     
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  15. emmett kelly

    emmett kelly Well-Known Member

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    i get lost in her deep, dark, beautiful eyes. this song best describes my feelings at this moment. turn it up!

     
  16. emmett kelly

    emmett kelly Well-Known Member

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    i better bring this back on topic before boss fires me.

    -----

    Market Snapshot
    S&P 500 ekes out gain, Nasdaq books record close as investors focus on jobs
    Last Updated: Sept. 1, 2021 at 4:22 p.m. ETFirst Published: Sept. 1, 2021 at 6:20 a.m. ET
     
  17. oldmanram

    oldmanram Well-Known Member

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    And, When the cats away, the mice will play

    And people used to ask me why I ALWAYs hung around the job site
    Because I wanted people to get work done.

    GGD
    Overall UP .33%

    Looking over my holdings the Big Movers (in stocks) were surprising
    DLR UP 1.64%
    VTR UP 1.07%
    PM UP .54%

    ETF's
    ARKK UP 1.38%
    VTWO UP .68%
    XSW UP .67%
    ARKQ UP .66%

    Gave the S&P a whoopin today

    Just my .02 worth, but the move seems to be toward more overlooked , value , stocks today.
     
    #7417 oldmanram, Sep 1, 2021
    Last edited: Sep 1, 2021
  18. gtrudeau88

    gtrudeau88 Well-Known Member

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    Good week so far. Stock account down a few $ from Friday, mostly because I bought TRTN (again) and it promptly dropped some after the buy. My IRA is up since Friday on the rebound by Amazon. IRA is up 10% since I took it over from Edward Jones at the very end of March.
     
  19. emmett kelly

    emmett kelly Well-Known Member

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    i need to renegotiate my contract when boss returns.

    -----------------------

    Dow up 150 points, while S&P 500 and Nasdaq push deeper into record territory Thursday
    Today 11:43 AM ET (MarketWatch)
     
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  20. oldmanram

    oldmanram Well-Known Member

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    Maybe add a performance package to it !
     
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