Where to invest??

Tenzing N.

I need a place to put my retirement money. Anyone have any experience with Fidelity or any other self-service investment products?

I'm haveing trouble with Edward Jones. Anyone else?

Recomendations besides buy all the Pearl Jam I can and hope it all appreciates.

riotgrl

Tenzing N. wrote:

I need a place to put my retirement money. Anyone have any experience with Fidelity or any other self-service investment products?

I'm haveing trouble with Edward Jones. Anyone else?

Recomendations besides buy all the Pearl Jam I can and hope it all appreciates.

I used to work for Edward Jones! I've always been pleased with the American Funds which is where my broker usually keeps me invested. I've had family members that had money at Fidelity but were not real pleased with the performance but I'm not sure about self service products. Sorry, I guess that wasn't real helpful

he.who.forgets

I have my 401k in Fidelity's 2040 freedom fund. I dont know shit about investing so it's basically the lazy man's 401k. It invests more agressively up front and continues to get more and more conservative as you approach your target retirement date...2040. My god, do I really have to work that long???

RYEzupSF

My 403(b), the non-profit version ofthe 401(k), is with Fidelity. I have not been impressed. :nono:

mervin50

I don't have much for you in terms of actual US investment companies but would recommend if you can, TD Waterhouse (TD Ameritrade in the US) - https://www.tdameritrade.com/welcome1.html its a self-serve style brokerage.

WIth respect to actual investments I would recommend the usual - diversify your portfolio. If you are just starting out test your risk threshold and make an investment based on that. If you can and have the risk profile to warrant it try looking for a Emerging Markets Mutual Fund, look for specific economies in Brazil, China, India and even Russia.

Try the following site it has lots of good information - http://morningstar.com

Jamminonthe1

he.who.forgets wrote:

I have my 401k in Fidelity's 2040 freedom fund. I dont know shit about investing so it's basically the lazy man's 401k. It invests more agressively up front and continues to get more and more conservative as you approach your target retirement date...2040. My god, do I really have to work that long???

Same thing but when we moved into a bigger place I had to stop putting money in so we could pay our mortage :fp:

DS1119

Alcohol and tobacco industries.

JOEJOEJOE

RYEzupSF wrote:

My 403(b), the non-profit version ofthe 401(k), is with Fidelity. I have not been impressed. :nono:

so you prefer Infidelity?

RYEzupSF

JOEJOEJOE wrote:

RYEzupSF wrote:

My 403(b), the non-profit version ofthe 401(k), is with Fidelity. I have not been impressed. :nono:

so you prefer Infidelity?

As long as it's working for me.

hedonist

DS1119 wrote:

Alcohol and tobacco industries.

Amen!

I've long believed that stock in vices will always thrive.

I'd also add the porn industry.

RYEzupSF

hedonist wrote:

DS1119 wrote:

Alcohol and tobacco industries.

Amen!

I've long believed that stock in vices will always thrive.

I'd also add the porn industry.

Don't forget prisons.

JOEJOEJOE

RYEzupSF wrote:

JOEJOEJOE wrote:

RYEzupSF wrote:

My 403(b), the non-profit version ofthe 401(k), is with Fidelity. I have not been impressed. :nono:

so you prefer Infidelity?

As long as it's working for me.

Infidelity can pay great dividends!

But it can also cause huge losses :nono:

JOEJOEJOE

Most brokerage houses all have similar mutual funds based on your risk tolerance. If you are younger, it may be a good idea to invest in riskier funds (they may earn better returns), since you have a long time before you tap the funds...if the funds lose money, at least you have a long time to build-up a nest egg.

The older you are, the more conservative you should be.

RYEzupSF

JOEJOEJOE wrote:

Infidelity can pay great dividends!

But it can also cause huge losses :nono:

So wise. You know, this can really apply to so many things in life.

JOEJOEJOE

RYEzupSF wrote:

JOEJOEJOE wrote:

Infidelity can pay great dividends!

But it can also cause huge losses :nono:

So wise. You know, this can really apply to so many things in life.

OMG...there must be some hidden meaning in your comment!

mervin50

JOEJOEJOE wrote:

Most brokerage houses all have similar mutual funds based on your risk tolerance. If you are younger, it may be a good idea to invest in riskier funds (they may earn better returns), since you have a long time before you tap the funds...if the funds lose money, at least you have a long time to build-up a nest egg.

The older you are, the more conservative you should be.

Take a look at any index chart for the S & P 500 over the past 50 years and you can clearly see that any market/equity investment has a positive gain over any 10 year period. See this chart for more details - http://finance.yahoo.com/charts?s=%5EGS ... undefined;

themessenger

DS1119 wrote:

Alcohol and tobacco industries.

Speaking of...Altria (MO) is the old Philip Morris and is a great stock. Good dividend payout and steady earnings.

http://www.google.com/finance?q=NYSE%3AMO&hl=en


I use Scottrade but I recommend TD Ameritrade as well for a self service brokerage (they have branches as well) if you like to do your own research and purchases. Mutual Funds like the Target Date funds that he.who.forgets mentioned are basically funds that are for people that don't want to think about it, and seem to have gotten better since their inception a few years back, and aren't a bad option if that's what you're looking for (just look at the fees charged bc sometimes these are some of the highest fee funds on the market). Funds that follow the S&P 500 or Russell 2000 or DJIA aren't bad either really for quick and simple.

As a finance major with an MBA and 9 years of professional banking experience, the stock market drives me insane and I almost feel retail investors like us have no chance at long term success, as it's really set up for the benefit of high frequency traders in investment banks and hedge funds. Good luck!

81

I've made a killing shorting kramerica industries



I use scottrade for my investments. 401k is in a bunch of different funds

Tenzing N.

So how do the self serve places make money? Do you get charged per transaction or a yearly fee or what? I felt like I was getting nickel and dimed at EJ.

81

Tenzing N. wrote:

So how do the self serve places make money? Do you get charged per transaction or a yearly fee or what? I felt like I was getting nickel and dimed at EJ.

depends on what you are doing.

my money is just in a standared account, ie not a retirement account. i get dinged 7 bucks per trade.

i think if it was a roth, teh tades would be free. :?:

davidtrios

i just opened an account with ameritrade and im thinking about buying 3500 shares in mjna...what do you think?

http://investorshub.advfn.com/boards/bo ... d_id=15240

81

davidtrios wrote:

i just opened an account with ameritrade and im thinking about buying 3500 shares in mjna...what do you think?

http://investorshub.advfn.com/boards/bo ... d_id=15240

i think you'd be better off buying $500 worth of pot and smoking up.

i can't even get financial info on it via yahoo or scottrade or nasdaq.com

just for fun i'll check out there website after the bulls game.

DS1119

davidtrios wrote:

i just opened an account with ameritrade and im thinking about buying 3500 shares in mjna...what do you think?

http://investorshub.advfn.com/boards/bo ... d_id=15240

You were in Vegas two weeks ago. Shit like this you have better chance there of making money than with stuff like this.

81

81 wrote:

davidtrios wrote:

i just opened an account with ameritrade and im thinking about buying 3500 shares in mjna...what do you think?

http://investorshub.advfn.com/boards/bo ... d_id=15240

i think you'd be better off buying $500 worth of pot and smoking up.

i can't even get financial info on it via yahoo or scottrade or nasdaq.com

just for fun i'll check out there website after the bulls game.

i'd like to reiterate my buy pot instead of of this company rating.

finally found some data on their website. the fact sheet was a complete joke. if i get bored, i might read their annual report....but imo, it's never a good thing when the financials are on the last page of the report.

depost a few more dollars and go buy yourself some GE

davidtrios

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

Mamasan23

davidtrios wrote:

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

Go to Rivers casino. Throw it on black at the Roulette table :wave:

81

davidtrios wrote:

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

GE

and deposit more.

at $10 per trade, you need a 4% increase just to break even.

davidtrios

81 wrote:

davidtrios wrote:

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

GE

and deposit more.

at $10 per trade, you need a 4% increase just to break even.

how much more?

81

Mamasan23 wrote:

davidtrios wrote:

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

Go to Rivers casino. Throw it on black at the Roulette table :wave:

you are doing it all wrong


you put the table minimum on a color....

if you win, you repeat, if you lose, you double your bet.

wash, rinse and repeat until you win....

then go back to the table minimum...

you can't lose with this method.

DS1119

81 wrote:

you are doing it all wrong


you put the table minimum on a color....

if you win, you repeat, if you lose, you double your bet.

wash, rinse and repeat until you win....

then go back to the table minimum...

you can't lose with this method.

Bullshit.

81

davidtrios wrote:

81 wrote:

davidtrios wrote:

thanks 81...i guess ill hold off...any hot tips for the 500 bucks thats sitting in there?

GE

and deposit more.

at $10 per trade, you need a 4% increase just to break even.

how much more?

5 grand minimum.

i don't know your finances...but honestly 500 is chump change in the market. that said, i think i started with $500 way way way back when