Ok,

Just stuck 4700 in scottrade ....

I need to buy something long term, as its my regular investing account, and I hate doing too many trades for tax reasons.

Anyone got any suggestions of how to use/split that money .... Dont need it anytime in the next 3 years really.

2/14/2008 12:27:44 PM

ETF.

Too much volatility to play a single stock, and this way you won't get eaten up with fees or cap gains.

2/14/2008 1:12:42 PM

Quote :

"A friend told me about HDY so I am debating if I should pick up some shares."

perhaps you give me 1/2 the money you thought about investing in HDY; i'll kick you in the balls; then you can thank me from saving yourself from a stupid Very-High Risk Speculative investment.

2/14/2008 2:01:25 PM

Taking a huge hit today, AAPL, CSCO, and NMX all down right now... hoping GOOG and SOL can save me. At least my small cap growth funds are doing alright.

2/14/2008 2:45:31 PM

Look what you did. Now goog is down too.

2/14/2008 3:15:22 PM

I'm down but I'm really outperforming the market. I'm pretty pleased with my porfolio right now.

2/14/2008 3:46:31 PM

Yeah. I'm only down 7% for the year instead of 8%.

2/14/2008 3:50:23 PM

whats new CSCO goes down everytime John Chambers scratches his balls.

4th quarter earnings came out net margin up, sales up, product diversity up, overall growth up. What did the stock do down down down.

2/14/2008 3:50:40 PM

Any opinions on GRMN? The stock is down and it seems like everyone is putting those damn things in their cars.

2/14/2008 4:31:08 PM

i sold CSCO at 24, bought at 21.50 i'll buy again shortly.



i'm also interested in GRMN. Wonder if i should buy now and hold.

[Edited on February 14, 2008 at 4:45 PM. Reason : ]

2/14/2008 4:38:30 PM

I just put in an order to sell puts on GRMN tomorrow.

March $50's are selling for $1.05 each. Coincidentally, freedom also costs a buck o five.

2/14/2008 5:11:27 PM

ahaha

anybody see the end of mad money just now?

2/14/2008 6:57:24 PM

I'd buy some more GRMN right now, except that I already own a bunch of it.

2/14/2008 7:04:08 PM

I need a good mutual fund. This shit is like greek to me.

2/16/2008 11:46:49 AM

target retirement is the easiest solution

could also go with a mix of about 3-6 different mutual funds.

2/17/2008 4:29:23 AM

just get a t rowe price thing...50 bucks a month...thats so easy...then invest around that....shits easy if you dont do drugs and cook your own meals and dont smoke cigs and have a car with good gas mileage

2/17/2008 4:32:12 AM

I'm going on t. rowe price for a roth ira, but it's making me pick mutual funds.

2/17/2008 12:14:55 PM

TRRMX

2/17/2008 12:51:21 PM

^^ right, an IRA is basically a place for your funds, stocks, bonds, etc to live. it provides tax advantage for you.

2/17/2008 2:42:58 PM

yeah I'm just telling dnl

2/17/2008 2:53:26 PM

cheers to money management

2/17/2008 3:07:35 PM

Quote :

"shits easy if you dont do drugs and cook your own meals and dont smoke cigs and have a car with good gas mileage "

so thats what you call "money management"?

2/18/2008 9:37:42 AM

looks like a return to fundamentals for CROX and NTRI

2/19/2008 7:49:36 PM

Here's a sign of the times -- People borrowing against 401K to continue living above their means:

http://www.msnbc.msn.com/id/23241606

2/20/2008 11:02:36 AM

Quote :

"Trent Charlton knew the risks when he borrowed $10,000 from his 401(k) and cut his retirement savings in half."

40 and has only $20K saved for retirement in his 401K?

2/20/2008 11:06:34 AM

Heh. I was just reading this article an hour ago.

Quote :

""I keep hearing about bankrupting your future retirement. But I feel like it's far enough away that I'll be able to save up enough.""

2/20/2008 11:07:56 AM

Wow... this guy better hope he dies of a heart attack at an early age

2/20/2008 11:28:54 AM

Quote :

"And he's looking for someone to take over his $550 monthly payment on a gray BMW 335i he leased last April."

...

People are freaking stupid, what more is there to say? I'll be ready for retirement and able to afford the things I want, while they're on the street or sucking on the governmental teat.

2/20/2008 1:08:05 PM

Anyone know of a place where I can download financial data such as the end of day closing price for various stocks; data I can read into some statistical analysis software?

2/20/2008 1:26:26 PM

1: http://finance.yahoo.com/
2: Type in stock symbol
3: Click "Historical Prices" on the left hand side
4: ...
5: Profit

2/20/2008 2:11:37 PM

1: http://finance.yahoo.com/
2: Type in stock symbol
3: Click "Historical Prices" on the left hand side
4: Go back in time and start providing this service for a fee
5: Profit

2/20/2008 2:21:22 PM

Since, we're on the subject of retirement, these advice columns always crack em up

Dear Dr. Don,
I'm 58 and will retire at the end of the month. I have a monthly pension and $180,000 in a 401(k) account. I also have $80,000 in debt from credit cards, financing my children's tuition, multiple car payments, etc.

2/20/2008 2:22:45 PM

Quote :

"Dear Dr. Don, I'm 58 and will retire at the end of the month. I have a monthly pension and $180,000 in a 401(k) account. I also have $80,000 in debt from credit cards, financing my children's tuition, multiple car payments, etc."

[NO]

2/20/2008 2:34:08 PM

unless it's one helluva pension, he will either not retire at the end of the month (or for a long, long time)...or he will learn to love the taste of cat food and the smell of the great outdoors as he sleeps in a tent.

2/20/2008 5:44:26 PM

these days my first visceral reaction is to take solace in volatility. i don't fully grasp why yet, but i get more nervous on well defined directional moves even if they're up. i check the fron page of marketwatch.com hourly, and whenever the main headline isn't up to date with the charts on the right, i feel a sense of relief. i think when i see volatility, i feel like we're getting price efficiency.

yesterday i sold some RIMM and NDAQ, and picked up a little more IAU

2/22/2008 11:41:53 AM

Quote :

"Anyone know of a place where I can download financial data such as the end of day closing price for various stocks; data I can read into some statistical analysis software? "

http://kingrw.com

Try this out. its a program my girlfriends dad wrote, it might be useful

2/22/2008 3:26:22 PM

His javadoc links are broken.

2/22/2008 3:40:20 PM

BTTT for today

2/25/2008 10:50:54 AM

dna!

2/25/2008 12:09:37 PM

http://biz.yahoo.com/ap/080225/visa_ipo.html

I'll be getting in on this.

2/25/2008 6:28:02 PM

I wish I could get in on the IPO itself

Interesting note: back in '06 when they first said they were planning to go public they were looking at making $6 billion, now they're talking about $19 billion in a much worse looking market.

2/25/2008 6:53:29 PM

I'm trying to. Maybe my connection at UBS with come through this time...

2/25/2008 7:24:27 PM

it's an interesting market for the credit card companies, this could go either way, earn higher interest as more borrowers are late with payments, charge higher interest with tightened credit standards, though the increased default risk is also present...will be a fun one to watch

2/25/2008 7:58:33 PM

Honestly i think the higher interest rates will offset a ton of their losses. You can make up a pretty large number of defaults by increasing a rate from 15% to 23% on the first missed payment for the at-large public.

I think the negatives are pretty overblown right now. Eventually this shit has to come to a head, but I think America is a country where we'll delay the inevitable until armageddon comes simply because of the political pressure.

2/25/2008 8:04:05 PM

remember, Visa, Mastercard, et. al have nothing to do with the interest, collecting payments, or any of the messy part of the credit industry. They make their money from the transactions, which means they have zero exposure to credit problems, defaults, late or missed payments or anything else that could impact revenues.

Worldwide, this market is growing. Even domestically there is still a large portion of americans who have yet to switch from cash/checks to debit cards, so there's still plenty of untapped revenue out there.

2/25/2008 8:14:21 PM

I don't know about "zero" exposure. If credit problems become bigger and cause reduced consumer spending and lending, they certainly will feel it.


I'm still waiting for there to be more mortgage fallout. It feels like financial companies/poor people need to face more consequences for profligate lending/borrowing.

2/25/2008 8:22:46 PM

My co-worker has been sitting on Take Two for a couple of months just waiting for that EA takeover bid.

2/25/2008 8:41:51 PM

^^^ not an expert on the industry but who bears this credit risk? Are you saying that they just package all of their receivables into asset-backed securities?

Whoever they are passing this risk on to will surely demand higher fees/rates which should impact their bottom line? I'm not sure on the market shares, yet I know you can get Visa cards through the commercial banks, but you can also get a credit card straight from the MC/Visa themselves

[Edited on February 25, 2008 at 9:01 PM. Reason : =-]

2/25/2008 9:01:15 PM

Quote :

"I don't know about "zero" exposure. If credit problems become bigger and cause reduced consumer spending and lending, they certainly will feel it."

Agreed, I meant zero exposure to actual defaults, bankruptcies, etc. They'll certainly feel some effects from reduced spending, but I doubt it will be anywhere nearly as bad for them as for the banks themselves.

Quote :

"you can also get a credit card straight from the MC/Visa themselves"

I don't think that has been the case for a long time. Even going to visa's site, all of the cards available redirect you to affiliate financial institutions, who deal with the interest, collections, and the like. Visa just sits back and collects its transaction fees. I suppose it may be different in other countries, I have no idea on that.

2/25/2008 9:19:28 PM

fair enough

2/25/2008 9:41:08 PM