Financial Investments

[soulreapersteve]

Hey all!

During my time here, I have learned there is a very broad range of Twin owners with regards to age; as young as 18 (maybe younger?) to retirement age+

I've been lurking on an investing forum (https://www.bogleheads.org/forum/index.php) which seem to focus on the long haul. Curious to see what owners here are doing with regards to current, past, or possible future investments.

No need to list exact details such as dollar amounts, salary, etc. Just types of investments: 401k, common stocks, indexes, bonds, mutual funds, blah blah blah...

[Teseo]

I buy lottery ticket every week, or seduce mature woman with money.

[Cmorris8848]

Originally Posted by soulreapersteve

Hey all!

During my time here, I have learned there is a very broad range of Twin owners with regards to age; as young as 18 (maybe younger?) to retirement age+

I've been lurking on an investing forum (https://www.bogleheads.org/forum/index.php) which seem to focus on the long haul. Curious to see what owners here are doing with regards to current, past, or possible future investments.

No need to list exact details such as dollar amounts, salary, etc. Just types of investments: 401k, common stocks, indexes, bonds, mutual funds, blah blah blah...

I'm 23 and work as an accountant at a small hospital. Looking to start putting into retirement soon, but I'm not looking to do any serious investing until the student loans are paid off. Forgot about my last meeting with the rep, but I have one scheduled for next Wednesday

[MaximeT]

I was in the EURCHF crash and lost 50k euros.

Flash crashes are a nice way to burn investment money

I was trading a lot of stocks and index until this point with good succes.


Edit: I was interviewed by the Wall Street Journal : http://www.wsj.com/articles/overseas...low-1422399725

[soulreapersteve]

Originally Posted by MaximeT

I was in the EURCHF crash and lost 50k euros.

Flash crashes are a nice way to burn investment money

I was trading a lot of stocks and index until this point with good succes.


Edit: I was interviewed by the Wall Street Journal : http://www.wsj.com/articles/overseas...low-1422399725

Ouch!

I'm very interested in the interview, but can't read it since WSJ locked it to paid subs only...

[MaximeT]

Originally Posted by soulreapersteve

Ouch!

I'm very interested in the interview, but can't read it since WSJ locked it to paid subs only...

You can past the link in Google to read I think.

[NARFALICIOUS]

401K, IRA CD, and multiple savings accts

right now, more debt than savings =(

[alan.chalkley]

Negatively geared real estate + dollar cost averaged stock + superannuation(401k).
Very long term investment strategies , but i am not able to make money in the short term.

[aegisdrgn]

- maxed out Roth IRA in VTSMX
- 3% in work 401k (no matching contribution, )
- 6 month emergency fund, separate 1k fund for car emergencies (treat like a HSA - so spend it or loose it at the end of the year )
- brokerage account in a couple different mutual funds (made some bad choices, stick to low cost, no load, index funds, boys and girls!) - aiming to cash out in the next decade as a house downpayment. Deposits are made once a month - dollar cost averaging is the way to go~~~
- probably going to ladder some CD's while waiting for house downpayment to build up ("When your time frame is short, prioritize return of your money instead of return on your money")
- finally paid off my student loans, only debt I have is my car loan.

I'm pretty lucky to have a decent paying job and a low-cost living situation. I'm socking away ~65% of my after-tax income for my midterm (house) and longterm (luxurious retirement) goals.

I've learned a lot from my mistakes - doesn't help that I am in the only one in my family / group of friends who is really into financial planning.

[GeorgeJFrick]

"Long Haul" Boglehead here.
Will be FIRE ASAP, hence the "I can't afford parts". I just drool.
401k maxed, roth ira maxed, + private index fund investment up to X% of income.

edit, if you are looking for good resources, I've always lurked around early-retirement.org
They're a bit old, cranky, and cheap; but good people and a lot they can teach...

[RichardsFRS]

Ehh I have a 401K which right now is losing and has been losing for a while no matter what way I adjust it. Just hoping it will go positive again soon, else I may be looking for other forms of retirement

I had money once and lost it when the economy crashed, don't define yourself with your money and material items, its a waste of time and energey

It took me almost losing everything I had to realize that. It was very humbling

I will still be able to retire okay but i won't be cruising in any yacts when I do. Which is okay because I want to work as long as I can. I have to be doing something. I'm not a sit downer

[fumanchu1]

Got a pension plan and a coin collection from my youth right now and that would be about it, unless you count the house I'm paying which will eventually get sold when I retire and move in to something smaller (in 30 years lol) aside from that not much right now.


In a few years I'd like to start investing a few grand a year in something with low to medium risk with compound interests of 10+%

[EAGLE5]

Buy real estate and rent it out. Invest in your own small business. Max out your retirement accounts to reduce taxes and then watch that money stagnate, but at least you didn't pay taxes on it. Short of being extremely lucky, you will likely not get rich in the stock market. All of the rich people I know got there through business and real estate, not the stock market, and usually a combination of both. Even though the housing market is up, rents are up much more. I raise the rent every year, my tenant still pays less than the market rate, and I still make money. She complained once. I told her what the market rate was. She didn't complain again.

[RichardsFRS]

We tried renting my wifes house. What a nightmare. Tennant's that wouldn't pay and we had to spend money in court to evict them. We lost money so we sold it.

My stepfather made all his money on stocks. He bought tons of junk stock and sold them later when they weren't junk. He's in bed pretty deep with home depot too.