OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[nawghtyhare]

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

 

[based mod]

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.

 

[nawghtyhare]

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.

Yeah it through work
there's other companies I could invest in as well
also there's a general account that's 4% doesnt go higher or lower stays at 4.
I picked acvax cause the numbers looked high in the percentage compared to the 4% and the lady said it was aggressive and that its a good stock since I'm young. Now starting to feel duped by her word play
Aggressive sounded great to me and she was cute
She is our designated mass mutual person or whatever point of contact

 

[johnnyredstorm]

BABA no trade is a winner or loser till it's closed. Hopefully this pins 110 on Friday.

 

[dman14]

kors took a beating :x

 

[based mod]

FEYE What a joke.

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.

Yeah it through work
there's other companies I could invest in as well
also there's a general account that's 4% doesnt go higher or lower stays at 4.
I picked acvax cause the numbers looked high in the percentage compared to the 4% and the lady said it was aggressive and that its a good stock since I'm young. Now starting to feel duped by her word play
Aggressive sounded great to me and she was cute
She is our designated mass mutual person or whatever point of contact

Well you're not really investing in a company but an aggregate of companies that were put together by somebody else. That's where the expense ratio comes into play. The people who manage that portfolio takes a cut. Talk to your Mass Mutual lady some more and check out other options. 1.4% seems to be on the higher end, but since you've just started your account, that percentage is probably negligible.

Yes, an aggressive mutual fund is a good idea for someone young and can afford the potential losses that comes with it. My Roth investments are currently 100% stocks, which has done great for me especially because I first started the account AFTER the "Great Recession" but is certainly not for the faint of heart. If market starts going awry, I figure to lose a good percentage but it wouldn't be too big of a loss in terms of total $$$ because I'm fairly new to the game. I put in $21k since opening the account in Dec 2011; my account's currently at $30k. Basically free $9k in 3 years! Of course, I could've just as easily lost $9k in those 3 years. Once I've amassed a more substantial amount of money in the account, I'll shift gears and start putting more money into bonds instead of stocks.

kors took a beating :x

Good luck if you're holding long term. I just can't see the brand expanding any further.

 

[nawghtyhare]

FEYE What a joke.

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.

Yeah it through work
there's other companies I could invest in as well
also there's a general account that's 4% doesnt go higher or lower stays at 4.
I picked acvax cause the numbers looked high in the percentage compared to the 4% and the lady said it was aggressive and that its a good stock since I'm young. Now starting to feel duped by her word play
Aggressive sounded great to me and she was cute
She is our designated mass mutual person or whatever point of contact

Well you're not really investing in a company but an aggregate of companies that were put together by somebody else. That's where the expense ratio comes into play. The people who manage that portfolio takes a cut. Talk to your Mass Mutual lady some more and check out other options. 1.4% seems to be on the higher end, but since you've just started your account, that percentage is probably negligible.

Yes, an aggressive mutual fund is a good idea for someone young and can afford the potential losses that comes with it. My Roth investments are currently 100% stocks, which has done great for me especially because I first started the account AFTER the "Great Recession" but is certainly not for the faint of heart. If market starts going awry, I figure to lose a good percentage but it wouldn't be too big of a loss in terms of total $$$ because I'm fairly new to the game. I put in $21k since opening the account in Dec 2011; my account's currently at $30k. Basically free $9k in 3 years! Of course, I could've just as easily lost $9k in those 3 years. Once I've amassed a more substantial amount of money in the account, I'll shift gears and start putting more money into bonds instead of stocks.

kors took a beating :x

Good luck if you're holding long term. I just can't see the brand expanding any further.

Thanks man
Appreciate the gems u dropping
Will rep when I reup
Ur avy is very deceiving
I know I ain't the only one who judges a person by their avy

 

[capital sb]

Glad there is a new thread hopefully this one is more active.

 

[mr marcus]

Really really want to get into stocks but right now I don't have the time to invest


Don't wanna jump in blindly

 

[johnnyredstorm]

Really really want to get into stocks but right now I don't have the time to invest


Don't wanna jump in blindly

Which is why you should paper trade. Best thing you could do is get your feet wet with the simulator. Open an account with ThinkOrSwim, don't fund it, and use their paper trading platform in the meantime so you could at least gain some experience.

 

[skyline]

Do you advise being riskier with the Roth IRA (at a young age with a max contribution each year) or roll with mutual funds?

 

[metsn13]

 
Do you advise being riskier with the Roth IRA (at a young age with a max contribution each year) or roll with mutual funds?

 Pick up this book by Paul Merriman:

Amazon product ASIN 147820608X
Its around $5 from amazon.com and around 100 pages.  It reads super fast and I finished it in a few hours.  One of the best books I have read on how to invest for IRA and 401K.  He talks about the magic of compounding interest and its full benefits in the years 35+ from initiation.  If only I had read this book when I was 18, I would have maxed out a Roth IRA yearly (with my parents help and paid them back in my 30s) and invested in index funds through Vanguard and I would be so much further ahead in the game for retirement planning than where I am right now.  Index funds with diversification in multiple asset classes that include US and international large cap blend, value as well as small cap value, along with domestic and international REIT's will allow you to essentially hold multiple worldwide stocks in a variety of industries that will reduce your volatility and risk while allowing you to build for the future with compounding interest. 

 

[finnns2003]

In

 

[johnnyredstorm]

Took my BABA call fly off for .90. In at .35. Nice little profit. Would've let it ride till Friday but I wanted to erase some losses from the past two days. Will be looking to play TSLA later.

 

[based mod]

I'm starting to think there's a little truth to the WSJ article about TSLA. I think anyone who wanted a Tesla has already gotten one.

Holding 25 shares long-term. Prove me wrong Elon

 

[johnnyredstorm]

Interesting little article on TSLA
http://www.marketwatch.com/story/4-...le-2014-11-05?siteid=bigcharts&dist=bigcharts

I got filled on a put fly 200-210-220 for 1.2. Did a 2 lot.

Got filled on a WFM 35-37-39 put fly for .32. Did a 5 lot.

Welp, looks like 0-2 there

Congrats Based.

 

[based mod]

I'm actually a little surprised it's up because of missing on deliveries and reducing its delivery forecast. Also delayed the Model X. Would've thought any minor hiccups would've sent this one down.

 

[johnnyredstorm]

Got filled on a SWKS call fly 65-67-69 for .25 per 1 lot. Grabbed 10.

 

[based mod]

^ No bueno

Glad my KING puts didn't get filled

 

[johnnyredstorm]

Welp. Not looking too hot here. Guess the lesson is, don't take earnings trades when I haven't made anything on the day or week.

 

[natch johnson]

FSLR getting spanked and I'm looking to get in. They have a large contract with GE and currently have more orders than they can fulfill.

I know most of you guys are day traders, but I'm long term. I see it hitting $100 by the time GE can sell their shares.

Any thoughts on FSLR?

http://investor.firstsolar.com/releasedetail.cfm?ReleaseID=783197

 

[johnnyredstorm]

I like FSLR but you need to have a plan if you wanna play that one. Be smart with your position sizing. Breaks 50, could see 47. If that doesn't hold, could see 37. This is a good name long term, but it could be a ***** to deal with at times. Be smart with your sizing.

 

[natch johnson]

I like FSLR but you need to have a plan if you wanna play that one. Be smart with your position sizing. Breaks 50, could see 47. If that doesn't hold, could see 37. This is a good name long term, but it could be a ***** to deal with at times. Be smart with your sizing.

Sound advice. Thanks.

 

[dathbgboy]

Just bought my daughter her first stock. Got her a share of Disney at 89.72. Figured be a good time to start teaching her about investing.

 

[throwback1718]

Subscribed *