I have money, would like to invest. How do adults do this?

4/28/2012 5:51:59 PM

hockydries gave me some good advice....talk to him.

4/28/2012 6:34:40 PM

I use Vanguard. Low cost = teh winz.

4/28/2012 6:56:51 PM

I too use Vanguard.

4/28/2012 9:11:21 PM

[Edited on January 17, 2014 at 11:07 AM. Reason : bad bump]

1/17/2014 11:02:11 AM

PM Walter

1/17/2014 11:11:54 AM

INO RIGHT?

1/17/2014 11:54:05 AM

^^ lmfao

But seriously, I'd recommend Vanguard first, followed closely by Fidelity.

1/17/2014 2:37:02 PM

Bitpay, it's the wave of the future!

There's also Virtual Mining Corp.

Don't forget the tried and trusted Butterfly Labs...wait: http://www.bizjournals.com/kansascity/news/2014/01/15/leawood-bitcoin-company-faces-lawsuit.html?page=all

1/17/2014 6:44:51 PM

PM Walter

1/17/2014 8:30:28 PM

^^lol

1/19/2014 9:12:49 AM

I watched a bunch of american greed episodes and concluded the best way is to get in and out of a ponzi scheme early.

1/23/2014 11:07:19 PM

Quote :

"I use Vanguard. Low cost = teh winz."

Can you elaborate on this? I want to start a Vangaurd account soon. For the stock trading its $20/trade after first 25 free trade.

1/24/2014 2:06:18 PM

Vanguard is great for funds its funds and ETFs where the expense ratios are alot of times a full percentage point below the market average. They're not really who you want to work through for active trading since it doesn't fit with their philosophy.

Vanguard does have some managed funds but in my experience they tend to lag behind the sector there in performance, though the fees are generally still low.

A quick link to the founder Bogle's basic philsophy.
http://www.investopedia.com/university/greatest/johnbogle.asp

The idea is to buy broad and diverse and mimic the market or a sector (index funds). Index funds will perform with the market and better than at least half the managed funds if not more. Even not beating some managed funds, because you keep the fee's low by not paying a manager your returns will be close to all but the absolute best(luckiest) managed funds.

1/24/2014 2:26:18 PM

Walter Mutual Funds

1 year rate of return of 234%


$Minnesota INO
$16.23 cash

1/24/2014 9:15:39 PM

^^^Pretty much what Lionheart said. Vanguard is not the cheapest option for frequent stock trading. It is great for a long-term, low-cost investment strategy. However, the more assets you accumulate, the more perks you get. Stock trades get cheaper and eventually free, but again, that's not their bread-and-butter, and their fee structure is set up to somewhat discourage that kind of behavior.

1/24/2014 9:26:46 PM

I too use Vanguard for my Roth. Low expense ratios, generally great funds and no transaction fees to buy/sell their funds. I just dump money into it every month and don't touch it.

I use Fidelity for trading since I have their retirement rewards AMEX. $7 trades is pretty decent and the interface isn't complicated...I'm happy with it.

1/26/2014 12:15:31 PM

Quote :

"Can you elaborate on this?"

I thought you'd be buying mutual funds, Vanguard in this case.
Given your initial post I'd probably avoid individual stocks for now.

1/27/2014 10:15:24 AM

Does investing have to be about retirement? I already have 401k plan, I want to do some investing in the market to learn and to have some excitement other than retirement plans.

1/27/2014 11:29:13 PM

Of course it doesn't HAVE to be just about that, but for me, that's a top priority. You can play around if you like to gamble, but the majority of investors underperform the overall market. I don't find it exciting to lose money and to constantly second-guess decisions or potential decisions regarding market timing. Certainly nothing is guaranteed, but a boring old long-term, broadly diversified investment strategy mitigates some risk over time. I'd just advise you not to put up more than you can afford to lose on individual stocks.

That said, I DO have some individual stocks, but even those have been buy-and-hold, and a very small percentage of the overall portfolio.

1/28/2014 12:05:42 AM

Does TWW have any thoughts on Fidelity's FBIOX fund?

1/28/2014 1:11:55 AM

Nah, not really into biotec
^^^

No, but I certainly put a lot more into my IRA and 401K than my scottrade fun account for stocks and such.

1/28/2014 9:23:41 AM