Economic stimulus checks?
#78
Registered User
iTrader: (3)
Join Date: Feb 2005
Location: Front pleated TWill pants...
Posts: 10,232
Car Info: 2004 PSM WRX
now i dont do anything because i setup 3 managed accounts, but Ive invested in tons of different things. commodities indexes, individual company (google IPO paid for the lgt), now im doing cash value life insurance.
its really pretty dam easy. someone :wink: got a 40% roi recently and he didnt have to do anything...
starting about a year i got heavy into commodities... so i hva e mixed feelings about $120/barrel oil. sucks to fillup but ive already made that money back and then some, and i beet inflation while i was doing it.
its really pretty dam easy. someone :wink: got a 40% roi recently and he didnt have to do anything...
starting about a year i got heavy into commodities... so i hva e mixed feelings about $120/barrel oil. sucks to fillup but ive already made that money back and then some, and i beet inflation while i was doing it.
#79
plays well with others
iTrader: (1)
Join Date: Aug 2006
Location: Sac
Posts: 9,923
Car Info: your mother crazy
etrade, scotttrade type services are good for purchasing stocks / futures / options. it really all depends on your level of comfort. if you want a hands off approach that you can throw money at for later in life just find a descent mutal fund. most mutual funds with have a minimum buy in between $2000-10000.
2 of my accounts are controlled by a money manager which means i work with an adviser to determine my level of exposure in the areas i'm investing in. for example, of account consists entirely of domestic mid and high cap companies while the other is small and medium cap foreign companys (split 40% europe, 30% asia, 30% TBD by the advisor as he sees fit). it allows allows me to control my level of exposure in different sectors (ie, energy, tech, oil, manufacturing).
on a smaller scale its easy for the individual investor to mirror the breakdown of large mutal funds asset allocations and use them as a guideline for investing.
my general rule of thumb that i pass along to just about everyone i know is that i never let myself get more than 5k invested in a single company, but thats because i got absolutely murdered on Lucent.
#80
Just curious why you chose $5,000. Was that based on a percentage of something else? Or just what you're comfortable to "lose" (part of)?
#85
#86