- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Investment Portfolio Advice
Posted on 10/9/24 at 4:11 pm
Posted on 10/9/24 at 4:11 pm
I have an investment account that I opened 5ish years ago while working in college. Started with about $2k, didn't know what I was doing but started buying stocks and am down to a couple hundred currently.
Any advise on what to do to turn that in the right direction? Sell what I can and go more conservative to recoup long term?
I have a separate 401k, but figured any little bit helps if I could this account around to not a total loss.
Any advise on what to do to turn that in the right direction? Sell what I can and go more conservative to recoup long term?
I have a separate 401k, but figured any little bit helps if I could this account around to not a total loss.
This post was edited on 10/9/24 at 4:12 pm
9
Posted on 10/9/24 at 4:43 pm to SlippinJimmy
Put in a fund of some sort then start adding what you can to the account.
I put 8k into an E*trade account and ran it down to 1k trying to buy stocks. Problem is I don’t have time to mess with it and always miss the time to sell.
I put 8k into an E*trade account and ran it down to 1k trying to buy stocks. Problem is I don’t have time to mess with it and always miss the time to sell.
Posted on 10/9/24 at 4:47 pm to Rize
I just now buy VT in everything and stopped trying to pick and choose
Posted on 10/9/24 at 4:49 pm to jsk020
I just started $1,000 a month going into VGT to see how that does. Not sure if I should do that or split it into 2 funds.
Already have a good bit in S&P 500 and vanguard 1000 through 401k.
Already have a good bit in S&P 500 and vanguard 1000 through 401k.
This post was edited on 10/9/24 at 4:52 pm
Posted on 10/9/24 at 6:52 pm to SlippinJimmy
quote:
Started with about $2k, didn't know what I was doing but started buying stocks and am down to a couple hundred currently.
Posted on 10/9/24 at 7:01 pm to SlippinJimmy
If you put it in an S&P 500 index fund and left it alone, it would have doubled.
Posted on 10/9/24 at 7:15 pm to Rize
quote:
just started $1,000 a month going into VGT to see how that does. Not sure if I should do that or split it into 2 funds.
I have VGT and VOO
Posted on 10/9/24 at 8:17 pm to SlippinJimmy
quote:
Any advise on what to do to turn that in the right direction? Sell what I can and go more conservative to recoup long term?
I am looking for the same advice.
What do I invest in?
I think the answer us index fund? I dunno.
Posted on 10/9/24 at 8:36 pm to SlippinJimmy
I was the same way a few years ago. Started with a few stocks. Learned that the etfs just work better and easier for me.
vug
Mgk
Voo
VTI
Are my main investments outside of my 401k. Put a little every week in it. In a year you will be surprised what they can do.
I'll buy a random stick sometimes but most of them are dividend paying and steady.
vug
Mgk
Voo
VTI
Are my main investments outside of my 401k. Put a little every week in it. In a year you will be surprised what they can do.
I'll buy a random stick sometimes but most of them are dividend paying and steady.
Posted on 10/9/24 at 11:12 pm to Fat Bastard
Only stock I’ve ever done good on is CTAS. I have 30% of my 401k contributions going into it still.
This post was edited on 10/9/24 at 11:16 pm
Posted on 10/10/24 at 12:09 am to SlippinJimmy
Serious answer. If you lost that much money in stocks in the last five years while the stock market was skyrocketing, I would stick with the broad based index funds in the future.
Posted on 10/11/24 at 11:34 am to SlippinJimmy
Just passing along from personal experience. Recommend you look at a Utilities based mutual fund or ROTH IRA. My wife and I started a Utility based fund & Pharma/Med based fund on the same exact days in 1994. While both have done well, the Utility fund is worth ~100K more. Pay yourself first every month and increase your investments as your income/raises allow. We rode out the housing & COVID bubbles and came out much better on the backside. Be patient & persistent.
Posted on 10/12/24 at 7:57 am to SlippinJimmy
Quit trying to be a stock picker. Put most of your money in the s&p500 and leave it for years.
Posted on 10/12/24 at 7:58 am to Rize
Quit trying to be a stock picker. Index funds! S&p500!
Posted on 10/14/24 at 8:53 am to SlippinJimmy
You might as well just liquidate the cash you have in that account and put it on black.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News