03-09-2011, 04:31 PM | #45 | |
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Good man. Another educated and smart investor.
Btw, maybe some of us are very experienced professionals. Quote:
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03-09-2011, 04:31 PM | #46 |
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Who gives a fuck where he got it, if you dont have anything to add to his question gtfo.
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03-09-2011, 04:32 PM | #47 |
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what's the rush, I imagine you're young? Do you need the money for something in particular?
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03-09-2011, 04:33 PM | #48 |
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needs money for WINNING
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03-09-2011, 04:35 PM | #49 |
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It's the rush to get some of it out of the bank so it's no longer subject to inflation, sitting there and losing value.
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03-09-2011, 04:35 PM | #50 |
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My biggest holding. Originally bought on IPO in the 90s!! Added many times. Owned TPP at the crash bottom, taken over by EPD shortly after.... +150% there. Then loaded up on Duncan Energy (DEP) since EPD was a bit rich during the 09 recovery. DEP at around 14. Just got a buyout from EPD for 42! Not bad.... EPD done me very very good.
Interestingly enough, on this forum two years ago I jumped in with some advice to take the 2.9% financing instead of buying. My advice was to buy TARP Bank preferreds. I mentioned BAC.W at around 12. It can be searched out here. Well it is back over 25! Plus the yield! I did that with my M3. Minimum down and invested in bank preferreds and MLPs at the very bottom. Made back 2 M3s for my trouble.
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03-09-2011, 04:37 PM | #51 |
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I'm aware, I was wondering why he was giving an investment timeline like 5 years and not concerned with general long-term growth
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03-09-2011, 04:38 PM | #52 | ||
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Quote:
Quote:
Is it a bad time right now to invest in MLP's? It seems like a lot of you bought the market when it crashed in 08. Also, where do I go to see the past percentage performances of EPD or LINE? I just checked out EPD and it says the stock is worth ~$44. So, where do I make money? Dividends are pay-outs right? But I'd have to sell my shares in EPD to see any actual tangible profit right? Is it EVER advisable to invest $400k all in one company (like EPD?). Man, what questions should I be asking the Financial advisor? And will they try to f-me over?
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03-09-2011, 04:45 PM | #53 |
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I have a custom built stockcharts account for technical analysis, performance tracking etc. The market crush of 08-09 was one of a lifetime opportunity to buy some of these stocks...never invest all your capital in one stock. You need professional advice.
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03-09-2011, 04:45 PM | #54 | |
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My idea is: "Why leave $400k in the bank and let it sit there collecting dust (an inflation, etc)?" $400k is a pretty big capital for someone in their early 20's to have, so I want to invest it in and make money on it. So why 5 years? Because a lot of things will be happening from 20 to 25 like living on my own, etc etc. It's the goal to have enough to buy my own place all-cash with no mortgage. That doesn't mean I'm not open to long-term investments either, but I also do need to make some money within the first 1-5 years that I can use... lol...
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03-09-2011, 04:46 PM | #55 |
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NO.
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The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.
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03-09-2011, 04:48 PM | #57 |
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I think you need to know what you want the money for. Do you want to buy a house with it? Buy a car? Buy a boat? If you put that in an IRA of some sort, and let it simmer for 40 years, you'll be able to retire a very wealthy man. Do a TON of research on picking a FA though. Read everything you can. EVERYTHING. Then get referrals from friends/parents/employed people. Then pick your investment.
If it were me, I'd buy my house with it, and never have to pay a mortgage again. Some would advise that it is better to invest at 6% annually than pay 5% interest on a mortgage, which is technically true, but I'd rather be debt free... |
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03-09-2011, 04:49 PM | #58 |
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now is not a good time to invest. high commodities prices are going to put us back into recession. US debt looks uglier every day..
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03-09-2011, 04:49 PM | #59 |
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sure, when you have a $5mill+ portfolio. Dumping everything you have into one stock is suicidal
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03-09-2011, 04:51 PM | #60 | |
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I would try finance.yahoo.com to look at past performance. After reading your last post, the first thing that I would do is spend some time on the internet reading the basics. You need to figure out the basics first. You've got a lot to learn in that department. At your level, if you care enough about it, you can learn a hell of a lot by just reading.
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03-09-2011, 04:51 PM | #61 |
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03-09-2011, 04:52 PM | #62 | |
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naptp.org
National Association of Publically Traded Partnerships. Lots of research there. Quote:
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03-09-2011, 04:55 PM | #63 |
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Can somebody please tell my the advantages of hiring a financial adviser?
I am on the verge of going with a Merrill lynch adviser but am not really sure of the advantages. I already have retirement accounts setup, mutual funds as well as a few hand picked stock holdings. Now that I have got married, we have a family income that well exceeds 150k. We own 2 properties and for the past 2 years the rental property does not count as a tax write-off. This really sucks! Anyways does anybody have any comments / tips for hiring a financial professional. |
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03-09-2011, 05:08 PM | #64 | |
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What good house in a nice area can you buy for 400k....
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03-09-2011, 05:12 PM | #65 | |
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Those Pinarellos are mad sexy though... gotta admit. |
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03-09-2011, 05:13 PM | #66 |
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haters gon hate, i hope u lose all ur $$, op = troll, op is an idiot, op is bonkers |
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