2020 Investment Thread

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asdfghwy

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4tv149.jpg

: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.
 
:laughing



as somebody with avg cost ~10ish, yes please, buy PLTR. I'm in it for the long haul.

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."
 
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jt2

Eschew Obfuscation
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. :)
 

UDRider

FLCL?
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. :)

Yeah same. Government* bonds are either low yield, or risky. Corporate bonds are black box of shit. Even ones that are rated AAA, or whatever, I am skeptical are actually are after 2009 shit show.
Most of my individual stocks come from RSUs for whatever company I am working for.

*Fed/state/local
 
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asdfghwy

Well-known member
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."

:laughing pretty much. They had me sold at "helped kill bin laden". Even without a true technical understanding of what they do, hundreds of millions in DoD/Gov contracts + growing private business in the world of advanced analytics is an easy no brainer for me. This company isn't going anywhere anytime soon. Also their demo day is in a couple weeks from today, should be exciting.
 

W800

Noob
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. :)

Yes - agreed about costs and long term!

When I used to practice law and take depositions, I had a thing I always used to say. First, I would tell them not to guess. This is because I didn't want guesses or speculation.

But best estimates are OK.

Those of you who have been deposed will recognize this:

ME: "Do you know the difference between a best estimate and speculation?"

DEPONENT: "No."

ME: "A best estimate is when you give me an estimate of the size of YOUR coffee table. Speculation is when you try and guess the size of MY coffee table."
 
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