 Investments |
| Investments |
 Jul 11 2007, 09:42 AM
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#1
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48  |
Not sure how many of you have any investments, just thought I'd share a little. I was rolling over my old 401k from my previous company and noticed the thing has been kicking ass big time so I left it with Fidelity as an IRA. I have most of the cash into two of the fidelity investments: FDIVX (Fidelity Diversified International) and FDVLX (Fidelity Value) and have had a 14.5% rate of return over the past six months alone. If any of you have IRAs and are maybe looking for some aggressive investments, these two funds are pretty sweet.
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Jul 11 2007, 10:01 AM
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#2
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Fool Group: Members Posts: 2,127 Joined: 23-February 06 From: LBB Member No.: 56 |
Wow. That makes my 4.5% savings account seem overly conservative
-------------------- Spam? Isn't that something poor people eat?
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Jul 11 2007, 10:14 AM
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#3
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 New son Donovan Charles Mummert born July 17, 2008 Group: Members Posts: 8,635 Joined: 22-February 06 From: Port Wentworth, GA Member No.: 15 |
with capital one, you can go to their site online and set up a internet only money market account (wont get a debit card and you have to set up your bank account info to transfer funds in and out). its high yield with a 5% interest compounded quarterly i think. Its something insane like that. What I did with it is throw all my student loan money i got into it so that it would earn a little interest and then I would dump the account as need be. Good way to earn $20 if you can keep a good amount of money in there for most of the semester. I recently dumped the account though. I think ill do it again though when I start at Texas State. every dollar helps.
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Jul 11 2007, 10:31 AM
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#4
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Fool Group: Members Posts: 2,127 Joined: 23-February 06 From: LBB Member No.: 56 |
QUOTE (Jessica @ Jul 11 2007, 11:14 AM)  with capital one, you can go to their site online and set up a internet only money market account (wont get a debit card and you have to set up your bank account info to transfer funds in and out). its high yield with a 5% interest compounded quarterly i think. Its something insane like that. What I did with it is throw all my student loan money i got into it so that it would earn a little interest and then I would dump the account as need be. Good way to earn $20 if you can keep a good amount of money in there for most of the semester. I recently dumped the account though. I think ill do it again though when I start at Texas State. every dollar helps. Is it up to 5% now? Alright, strike my 4.5%. It compounds monthly. Paid two months of rent from interest collected from student loans last year  Recently dumped a large portion of it to pay off my truck and currently debating on ditching the 1.9% credit card balance with the remainder. Think I'll leave it though. 5% > 1.9% afterall.
-------------------- Spam? Isn't that something poor people eat?
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Jul 11 2007, 11:05 AM
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#5
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New son Donovan Charles Mummert born July 17, 2008 Group: Members Posts: 8,635 Joined: 22-February 06 From: Port Wentworth, GA Member No.: 15 |
yeah youre right it does compound monthly. I think the exact figure its at is 4.88888 or something stupid like that. its almost 5 though
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Jul 11 2007, 05:30 PM
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#6
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 Group: Members Posts: 660 Joined: 22-February 06 Member No.: 22 |
QUOTE (James @ Jul 11 2007, 11:31 AM) Is it up to 5% now? Alright, strike my 4.5%. It compounds monthly. Paid two months of rent from interest collected from student loans last year Recently dumped a large portion of it to pay off my truck and currently debating on ditching the 1.9% credit card balance with the remainder. Think I'll leave it though. 5% > 1.9% afterall.I think I've seen them as high as 5.5 or 6 online. I haven't look lately. The higher ones were ING and HSBC. -------------------- LANCE IS PRO-CENSORSHIP! HE IS CENSORING MY LOVE FOR THE LORD!
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Jul 11 2007, 06:04 PM
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#7
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 Group: Members Posts: 1,761 Joined: 23-February 06 From: Lubbock/Dubai Member No.: 57 |
i need to start doing that once i get my first pay check and my signing bonus next week.....as well as teh 1700 tech owes me but arent paying me
-------------------- bored...so i did this
http://beerlist.wetpaint.com/ |
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Jul 11 2007, 08:35 PM
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#8
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 Group: Moderators Posts: 885 Joined: 22-February 06 From: Lubbock, Texas Member No.: 12 |
I've been putting a couple hundred a month of my paycheck in a money market account. I also have some investments with Merrill Lynch and Regions Bank and I'm putting some money into railroad retirement
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Jul 11 2007, 08:38 PM
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#9
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Group: Members Posts: 1,761 Joined: 23-February 06 From: Lubbock/Dubai Member No.: 57 |
i just have a schwab account open right now, not much money but it will be going inot that soon to move it around
-------------------- bored...so i did this
http://beerlist.wetpaint.com/ |
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Jul 11 2007, 09:11 PM
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#10
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CHEE CHEE Group: Members Posts: 5,026 Joined: 23-February 06 From: trapped in the hoezone layer Member No.: 39 |
i have GE and shell stock. with 50 dollars and interest i gather rolling over into my shares i have a pay no mind investment portfolio. its seriously helped literally pay for my college. as education is an investment the possibility of selling off all my stock to pay for it is shitty but im hoping pays off in the end. pays off in the end and hopefully still stuff there to help downpayments for a car of my own or a house.
but i guess that makes me a terrist'! the war helped out my financial situation -------------------- Little monkeys making money
Naked monkey looking funny Mighty males are strong and free Female monkey, not so lucky Rocking monkeys, funky monkeys Monkeys sticking other monkeys Monkeys wrong or monkeys right Mostly flexing monkey might |
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Jul 11 2007, 09:28 PM
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#11
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 START THE REACTOR! Group: Members Posts: 874 Joined: 23-February 06 Member No.: 52 |
I'm putting half my monthly income into an ING account. Once I figure out how to set up a company 401K or whatever I'm going to put in the max that they match (hey, its free money!) but I dont like those because I cant do what I want with the money.
-------------------- FUCK YOU
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Jul 11 2007, 10:10 PM
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#12
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Group: Members Posts: 1,761 Joined: 23-February 06 From: Lubbock/Dubai Member No.: 57 |
QUOTE (rabble @ Jul 11 2007, 10:28 PM) I'm putting half my monthly income into an ING account. Once I figure out how to set up a company 401K or whatever I'm going to put in the max that they match (hey, its free money!) but I dont like those because I cant do what I want with the money. im definently doing the max 401k, but i dont need to start right now (as for the 1st year, the company only matches 1%) but after the first year they will match what i do....so i am going to worry about that more next year. -------------------- bored...so i did this
http://beerlist.wetpaint.com/ |
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Jul 11 2007, 10:18 PM
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#13
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
yeah start early is the biggest thing. i didn't do it the first year or so, but my last big raise i started it, and by the time i'm 55-60 the thing should be worth a couple million at least, and that's just the 401k, not to mention the IRA and I'm sure i'll have a few others by then.
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Jul 12 2007, 06:52 PM
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#14
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 ROCKPACALYPSE NOW Group: Members Posts: 1,519 Joined: 22-February 06 From: Dallas, TX Member No.: 13 |
Dude i have a Fidelity SEP IRA with my new job, so I'm looking for ways to take advantage of this. The easiest thing for me is to just invest in mutual funds because I can do that without waiting for clearance (i work for a financial fund so any stock trading has to pass compliance first, to make sure im not taking advantage of inside info etc)
Within the next month or so I may be hittin you up for suggestions impala ! Unless I just try to gamble it all on VMWARE ! -------------------- QUOTE (Lance) now we have some dude from argentina wondering how to fuck dogmeat |
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Jul 12 2007, 08:29 PM
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#15
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START THE REACTOR! Group: Members Posts: 874 Joined: 23-February 06 Member No.: 52 |
QUOTE (Rocky @ Jul 12 2007, 07:52 PM) Dude i have a Fidelity SEP IRA with my new job, so I'm looking for ways to take advantage of this. The easiest thing for me is to just invest in mutual funds because I can do that without waiting for clearance (i work for a financial fund so any stock trading has to pass compliance first, to make sure im not taking advantage of inside info etc) Within the next month or so I may be hittin you up for suggestions impala ! Unless I just try to gamble it all on VMWARE ! stocks are a load of horsecrack anyway and are basically worthless IMO -------------------- FUCK YOU
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Jul 12 2007, 09:01 PM
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#16
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
QUOTE (Rocky @ Jul 12 2007, 07:52 PM) Dude i have a Fidelity SEP IRA with my new job, so I'm looking for ways to take advantage of this. The easiest thing for me is to just invest in mutual funds because I can do that without waiting for clearance (i work for a financial fund so any stock trading has to pass compliance first, to make sure im not taking advantage of inside info etc) Within the next month or so I may be hittin you up for suggestions impala ! Unless I just try to gamble it all on VMWARE ! hells yeah man. in your investments, see if it allows you to choose your positions yourself. if so, enter the symbols for them that I listed above or look for the names. heh mine gained $65 just today w00t! FDIVX -> Fidelity Diversified International FDVLX -> Fidelity Value they're pretty much all stock holdings, but that's what we're supposed to do when we're young  . it's basically just a fund that some fidelity stock eggheads maintain.here's the top 10 holdings for FDIVX ROCHE HLDGS GENUSSSCHEINE VODAFONE GROUP PLC TESCO PLC FIAT SPA BAYER AG TOYOTA MOTOR CORP ADR 2 NESTLE SA (REG) VINCI SA BANCO BILBAO VIZ ARGENTARIA SA UNICREDITO ITALIANO SPA ORD and for FDVLX BAXTER INTL INC XEROX CORP TYCO INTL LTD OWENS ILLINOIS INC AT&T INC AVON PRODUCTS INC BRINKS CO NATIONAL-OILWELL VARCO INC FLEXTRONICS INTERNATIONAL LTD STANLEY WORKS QUOTE (rabble @ Jul 12 2007, 09:29 PM) stocks are a load of horsecrack anyway and are basically worthless IMO you're a fuckin idiot |
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Jul 12 2007, 10:22 PM
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#17
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 Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20 |
Got all of mine in FECAX right now. Up 15.8% since I bought it, up $215 today.
Overseas is where it's at, except for China(unless you know when to get out). Just look at the conversion rate of the USD to Euro and USD to GBP. US dollar is just worth less and less after nearly every passing month for the last 5 years. -------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Jul 13 2007, 08:08 AM
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#18
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
yeah that one has a lot of the same holdings as the FDIVX. and damn you must have a lot of shares. friggin rich people
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Jul 13 2007, 10:25 AM
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#19
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Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20 |
Or not, my dad helped me open a Roth IRA when I was 16 when I was working at a movie theater during high school. Add some in every year and it starts to accumulate.
-------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Jul 13 2007, 02:16 PM
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#20
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
that's cool. good to start people young. I wish I'd have started when I was 16.
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Jul 13 2007, 09:52 PM
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#21
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 DEATH TO ....something? Group: Members Posts: 5,618 Joined: 23-February 06 From: Parker, CO Member No.: 55 |
I want to invest in the sexual happiness of cute girls' beautiful pussies
-------------------- I r Ur Gawd!
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Sep 13 2007, 06:14 AM
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#22
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 monogamous gays & stem cells Group: Members Posts: 3,789 Joined: 22-February 06 Member No.: 8 |
how are these funds doing now?
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Sep 13 2007, 09:15 AM
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#23
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
it took a hit when the dow got slammed a while back, but so did everyone else. it's recovered nicely and still goin up.
http://finance.google.com/finance?q=NASDAQ%3AFDIVX |
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Sep 13 2007, 10:42 AM
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#24
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Group: Members Posts: 660 Joined: 22-February 06 Member No.: 22 |
QUOTE (rabble @ Jul 11 2007, 10:28 PM) I'm putting half my monthly income into an ING account. Once I figure out how to set up a company 401K or whatever I'm going to put in the max that they match (hey, its free money!) but I dont like those because I cant do what I want with the money. You should be able to do what you want. My 401k lets me choose the percentage I want in each index that they offer, so you get to choose where everything is allocated. -------------------- LANCE IS PRO-CENSORSHIP! HE IS CENSORING MY LOVE FOR THE LORD!
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Sep 13 2007, 10:53 AM
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#25
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
i think he just means he can't take it in and out at will
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Sep 13 2007, 11:00 AM
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#26
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Group: Members Posts: 660 Joined: 22-February 06 Member No.: 22 |
QUOTE (impala454 @ Sep 13 2007, 11:53 AM) i think he just means he can't take it in and out at will Yeah, but that's stupid. You're going to have to sacrifice liquidity for big returns in the long run. -------------------- LANCE IS PRO-CENSORSHIP! HE IS CENSORING MY LOVE FOR THE LORD!
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Sep 13 2007, 11:19 AM
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#27
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
hey i wasn't sayin he's smart
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