Good Mutual Funds

It doesn't need to be liquid at all, it's been sitting in an account for 10+ years and it's around 60K.

I already have a chunk in my investing account that I trade with. This chunk I want to be hands off.

I have added all the index funds to my watch lists, so thanks for those.

I will do some research, wait for a pullback and then put it to work!

Cheers!
 


avatar33 said:
I don't think this is the right timing for gold, unless you buy it in the next few days... we are entering festival season in India/China and this always makes gold price soar in mid-end September.

Apparently September is also one of the worst months for stocks...

The September Surge: What Causes Gold Prices to Soar Every Year in September? | Gold IRA Guide

India prepares for shining return of gold demand | Financial Times
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At this point I wonder if it's better to wait for pre-financial crises prices but I also wonder if inflation has hit a point where we'll never see those prices again.

Any comments bros?
 
^lol I knew somebody would quote me on that.

Well it's certainly the first time in over two decades that the price didn't soar in September. I'm speechless.

I'm gonna go ahead and quote Bernanke: nobody really understands gold prices. lol

I always thought buying gold for profit was a risky game. You buy it for protection in case shit hits the fan. IM is way better for profit .:D
 
I have a very close relationship with a one of the partners at Hightower who manages my investments. They use Fidelity for the account and I must say that it is a very effecient account. Any idle cash sits in a money market and all investment positions can be liquid within 24 hours. I also have it setup for margin which allows me to borrow up to 50% of my account value from myself at 1.25% so I can leave my investments working. The account has debit card/check writing abilities as well.

I do not have a clue as to what is what when it comes to where to invest, I let them handle that. I did 12% last year after fees, not bad.

Some pretty basic info for you, but its what I have experience with. If you would like me to make an introduction of some kind or have any questions shoot me a pm happy to help anyway I can.
 
ANOMOANON said:
I have a very close relationship with a one of the partners at Hightower who manages my investments. They use Fidelity for the account and I must say that it is a very effecient account. Any idle cash sits in a money market and all investment positions can be liquid within 24 hours. I also have it setup for margin which allows me to borrow up to 50% of my account value from myself at 1.25% so I can leave my investments working. The account has debit card/check writing abilities as well.

I do not have a clue as to what is what when it comes to where to invest, I let them handle that. I did 12% last year after fees, not bad.

Some pretty basic info for you, but its what I have experience with. If you would like me to make an introduction of some kind or have any questions shoot me a pm happy to help anyway I can.
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Did you know that if you invested your money in a S&P 500 fund you would have made a 26% return?

Warren Buffett recommends a low-cost S&P 500 fund for the average investor:
My advice to the trustee couldn't be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions or individuals — who employ high-fee managers.
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Source: Warren Buffett to heirs: Put my estate in index funds - MarketWatch

Everyone made a killing last year. I would suggest reading more about low-cost, passive investing in broadly diversified funds. Check out bogleheads.org and read their wiki for a new investment plan - it's very simple.
 
wickedDUDE said:
Did you know that if you invested your money in a S&P 500 fund you would have made a 26% return?

Warren Buffett recommends a low-cost S&P 500 fund for the average investor:
Source: Warren Buffett to heirs: Put my estate in index funds - MarketWatch

Everyone made a killing last year. I would suggest reading more about low-cost, passive investing in broadly diversified funds. Check out bogleheads.org and read their wiki for a new investment plan - it's very simple.
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^this.
 
^ It depends a little bit on what he's invested in and his risk tolerance.

It might be good if he is like 50% bonds and 50% stocks. But, imo, unless you are about to retire or something your investments should be 100% in stocks.

Also the S&P 500 was up 32% in 2013. Where is the 26% coming from? Is that the trailing 12 month return?

This is why it definitely pays to understand what you are invested in and the fees you are paying.
 
The risk profile for bonds going forward isn't quite as safe as it used to be given a hyper-inflationary expectation. Investing in bonds is essentially just lending money, and the payments one receives in return are fixed (hence the term 'fixed income') against an increasingly watered-down dollar value.

Given a $17+ trillion deficit and zero possibility the government will actually overtly default, the US govenment's only choice will be the ever-laughable "Argentina Solution", devaluing everyone's savings out from under them, destroying the banks, the dollar, and losing global reserve currency status, which is endgame. The last thing you want to be in that scenario is a lender, or in the case of this example, a bondholder.

If that's too much detail for anyone to consider when they are deciding to make an investment (prediction of future value), well... as they say in Argentina... vaya con dios.
 
Problem with S&P index fund is that a lot is on timing - if you buy in before a downturn you're going to be in a world of pain. But for a majority of times it beats out mutual funds. In the long-run though it beats essentially all of them - just depends on your timeframe.
 
xdemi said:
Problem with S&P index fund is that a lot is on timing - if you buy in before a downturn you're going to be in a world of pain. But for a majority of times it beats out mutual funds. In the long-run though it beats essentially all of them - just depends on your timeframe.
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Said perfectly...and when married with the bond advice above, represents the entire investment opportunity perspective. Everything you'd pay 3% for from an investment manager boils down to what i just said and xdemi just said... YOU have to pick a riskpoint. Investment managers will tell you they're worth that 3%, and if you don't know what the fuck i'm talking about, they may be.

They are going to put your funds in a hyper-diversified mutual fund (read: index fund) and laugh about the fact that they are not managing anything at all. You're going to get market returns (less their 3%) and you'll tell your friends about how good your money manager is, because you don't know any better.... and so it goes. Getting the money management game yet?
 
The only investment I would ever use my money on is growing another biz. Fuck stocks, forex, mutual funds. Jon was right its all a massive scam unless you have insider info.
 
wickedDUDE said:
Did you know that if you invested your money in a S&P 500 fund you would have made a 26% return?
Click to expand...

The S&P has been preforming very well. I do have some solid positions in RSP and RYT which were great earners for me (and still are). Those are the only two S&P positions I am in right now (that I know of).

My risk tolerance is very very high, I have several potions in pharma that I am waiting to hit a few home runs with.
 
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