Domain: tiger-web1.srvr.media3.us Should I get more into stocks? | Page 2 | Money Talk
Started By
Message

re: Should I get more into stocks?

Posted on 2/7/25 at 8:56 am to
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
149039 posts
Posted on 2/7/25 at 8:56 am to
HODL!!!!
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 9:04 am to





Follow me for me investment tips
This post was edited on 2/7/25 at 9:07 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 2/7/25 at 9:17 am to
Just let your wife do it, she’s the one that makes your money anyway
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 9:21 am to
quote:

Just let your wife do it, she’s the one that makes your money anyway


True

It’s not a bad thing.
Posted by jefforize
Member since Feb 2008
45790 posts
Posted on 2/7/25 at 9:24 am to
Buy stocks in companies you use
Buy stocks for companies that you think will be around in 5 years.

Don’t overthink it. I use Verizon wireless and Costco. I think they will be around in 5 years. So I invest in their stock.
Posted by beaverfever
Arkansas
Member since Jan 2008
35787 posts
Posted on 2/7/25 at 9:25 am to
I spent thousands of hours looking through charts, trading, stock picking whatever all to realize that by the end, I could probably compete with the S&P at best. And getting to that point was the S&P wrecking me. Learn from the people have paid expensive tuition in the market and just buy indexes.
Posted by Grinder
Member since Nov 2007
2619 posts
Posted on 2/7/25 at 9:38 am to
quote:

I’m 43 and felt like I’m not investing


You’re right. What you’re doing is not investing.

You’re basically gambling on individual stocks, and don’t understand the process.

Stop buying individual stocks, but if you refuse to stop investing in individual stocks, learn what a Stop Loss order is.

Buy index funds like VOO, Total Stock Market, MGK, VGT, etc. and hold them. When the prices go down, don’t sell them. Buy more because they’re on sale.

Learn what dollar cost averaging is. Read Bogleheads.

There’s no reason you should have so many red numbers on your return sheet
Posted by Drizzt
Cimmeria
Member since Aug 2013
14881 posts
Posted on 2/7/25 at 11:09 am to
You talk like you are this baller making millions a year and you only have a HYSA?

WTF is wrong with you? Google index funds.
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 11:42 am to
quote:

You talk like you are this baller making millions a year and you only have a HYSA? WTF is wrong with you? Google index funds.



You may have me confused with someone else. I wish I made millions per year.

Wife and I are both W2 employees and I’m capped at certain % so I’m not maxing my 401k but she is on hers. That leaves me only putting in about 12k to 15k into my retirement account at work so I’m trying to do the rest after taxes in my fidelity account. I also have a set amount going to EJ to back door a roth for the max.

I do have other investments that I have invested in but that’s more of a lump sum onetime deal so not something I can continue to invest in.
Posted by bayoubengals88
LA
Member since Sep 2007
23758 posts
Posted on 2/7/25 at 11:48 am to
quote:

Rize
My friend, you're overcomplicating things.

Look at the Seeking Alpha top 10 that I posted.
Look at some of the other wonderful names mentioned here recently:
ANET
OKLO
NBIS
CLS
HIMS (not mentioned)
RDDT
OPFI
NU
PLTR
For heaven's sake, Costco even.
GOOG is on sale today, as is MRVL.

edit: Forgot about VST. It was mentioned here recently.
This post was edited on 2/7/25 at 11:57 am
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 11:51 am to
quote:

Buy stocks in companies you use Buy stocks for companies that you think will be around in 5 years. Don’t overthink it. I use Verizon wireless and Costco. I think they will be around in 5 years. So I invest in their stock.


See this is what I’m looking for. I could see what companies I’m familiar with and choose some that are not heavily weighted in the S&P/VGT and go from there. I figured I could continue to do half into VGT and the other half into 3 or 4 stocks.

Another option is do the whole amount into VGT and if I get a surplus in my HYSA emergency fund I could buy stocks with that money once or twice a year vs letting the HYSA continuing to grow.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14881 posts
Posted on 2/7/25 at 12:34 pm to
Unless you have the time and expertise to research companies and look at actual data, don’t buy individual stocks unless you are gambling. Too much risk for a single stock. You spread out and mitigate risk with index funds. Diversify your exposure to a potential loss. Once you understand that principle, it’s easy.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40614 posts
Posted on 2/7/25 at 1:05 pm to
quote:

Just let your wife do it, she’s the one that makes your money anyway


Amazingly good lifehack btw
Posted by Crescent Connection
Member since Jun 2008
2350 posts
Posted on 2/7/25 at 2:21 pm to
I'm about to turn 40, and I need to be more disciplined in having a heavier percentage in ETFs and indexes. I got caught up in a bunch of losers over the years (AUPH, TELL, ORGN), and got sweaty palms on some during 2022 (SE, AMZN, NVDA, basically everything else that year).

For me personally, my portfolio is currently about 80% divided into the following...

ASTS (my biggest holding)
NVDA
PLTR
ARM
WMT
COST
MSFT
AMZN
ARCC (dividends)
CRSP
XOM
OXY

These cover most of the sectors. I'll probably continue purchasing heavily in these for the next 10 years, while adding VOO, VGT, and VTI at a higher percentage as I get older. If I stay disciplined, I think this strategy will be favorable in the end.

Of course, there will be a few stocks that I will be intrigued in the future and will probably add to the mix, but will keep the portfolio to a max of 15-18 total individual equities. OKLO and RKLB are on my radar currently.
Posted by bayoubengals88
LA
Member since Sep 2007
23758 posts
Posted on 2/7/25 at 2:41 pm to
quote:

AUPH
Can't blame you for not buying NBIS. I've changed, I promise!
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 2:57 pm to
Would Vug be something good to look into? I’ve got my 401k set with 3 or 4 things so just trying to diversify my brokerage account into something besides VGT because that’s the only thing I’m currently buying.


Posted by Crescent Connection
Member since Jun 2008
2350 posts
Posted on 2/7/25 at 2:58 pm to
Haha, all good, bayoubengals. I've read your thread on NBIS, but I'm going to take a pass. Again, ultimately, I can only hold myself accountable when pulling the trigger on what I read on here. Peter Greenleaf owes me $240k.

I've dabbed into AKBA under $2 for a good bit, but sold all positions recently to buy more ASTS. I may not be done with AKBA...waiting for ER.
Posted by bayoubengals88
LA
Member since Sep 2007
23758 posts
Posted on 2/7/25 at 3:19 pm to
quote:

Peter Greenleaf owes me $240k.



quote:

I've dabbed into AKBA under $2 for a good bit, but sold all positions recently to buy more ASTS. I may not be done with AKBA...waiting for ER.

Same.
I've moved on, but continue to think of how I can squeeze something out of both. Just for a trade.

I sold out of all my AUPH at 8.06/share.
That was in November. It comprised about 90% of my Roth account.
My Roth is up 82% since then.
AUPH is currently........8.01......
This post was edited on 2/7/25 at 3:20 pm
Posted by Rize
Spring Texas
Member since Sep 2011
19090 posts
Posted on 2/7/25 at 3:51 pm to
Would it be a bad idea to start buying some of that shite I’m way down on?

I’m in SLI at $12.09
This post was edited on 2/7/25 at 3:54 pm
Posted by bayoubengals88
LA
Member since Sep 2007
23758 posts
Posted on 2/7/25 at 4:03 pm to
quote:

Would it be a bad idea to start buying some of that shite I’m way down on?

You didn't ask me, but yes, it's a bad idea.
There's a difference between buying a dip, dollar cost averaging, and a hope and a prayer.
Don't water your weeds. Eradicate them.
first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram