:laughing
Nah, fuck FB stock at the moment. I'd put that money into PLTR.
as somebody with avg cost ~10ish, yes please, buy PLTR. I'm in it for the long haul.
Nah, fuck FB stock at the moment. I'd put that money into PLTR.
:laughing
as somebody with avg cost ~10ish, yes please, buy PLTR. I'm in it for the long haul.
Yes - it looks like index funds have lower costs too. My investment asset allocation plan is along the lines of 70/30.
70 equities index funds.
30 bond indexes.
Those will be in a SEP IRA.
In a separate sub account - I have a certain amount in money market in case stuff gets weird or I have large unexpected expenses, etc. .
From going through the Graham book, and also an "Idiot's" book - it's just looking like for long term, indexes are consistent. That being said - I am setting aside a VERY small amount for some day trading so I can get my little endorphin highs when I can't get out on the bike, LOL.
Yes, index funds generally have much lower expenses than actively managed ones. ETFs even lower yet. Those small differences can add up to huge differences in outcomes over a long horizon.
Bonds can be a great hedge, especially to smooth over short-term humps but I'm very light in them (less than 5% or so), just not a believer.
I don't generally "trade", and when I do buy individual stocks I limit it to less than 10% of portfolio tend to hold for a very long time.
It is a strategy that has worked very well.
I've got 300 shares at ~$14 avg cost and will keep adding more steadily.
Best analogy I saw on reddit recently :
"Tesla is the girl you meet at the club who gives you a BJ in the Denny's bathroom at 3am. Palantir is the woman who's going to cook you breakfast, raise your kids, and help you retire happy."
Yes, index funds generally have much lower expenses than actively managed ones. ETFs even lower yet. Those small differences can add up to huge differences in outcomes over a long horizon.
Bonds can be a great hedge, especially to smooth over short-term humps but I'm very light in them (less than 5% or so), just not a believer.
I don't generally "trade", and when I do buy individual stocks I limit it to less than 10% of portfolio tend to hold for a very long time.
It is a strategy that has worked very well.
Goodbye 2020. Not sorry to see you go.