Investments Options

[impala454]

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.

[James]

Wow. That makes my 4.5% savings account seem overly conservative

[Mommy]

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.

[James]

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.

[Mommy]

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

[JRockTTU]

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.

[schwab]

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

[jwttu]

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

[schwab]

i just have a schwab account open right now, not much money but it will be going inot that soon to move it around

[Testm0nkey]

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

[rabble]

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.

[schwab]

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.

[impala454]

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.

[Rocky]

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 !

[rabble]

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