Advertise on Bikeforums.net



User Tag List

Results 1 to 14 of 14
  1. #1
    A tiny member bikeguyinvenice's Avatar
    Join Date
    Feb 2012
    Location
    Venice, Florida, U.S.A.
    My Bikes
    late 90's Trek 720 Muti-Track
    Posts
    171
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Any financial advisors or other investors out there in Foo land?

    Okay so i just rolled my 401(k) from my previous employer into an already established IRA, not a million in there, but want something to invest in with a proven history of growth. I can study charts and financials till I grow old, but just looking to see what others are willing to recommend.
    My cycling blog http://kcmjr.wordpress.com/
    "Normal" is just a setting on a washing machine.

  2. #2
    Senior Member
    Join Date
    Sep 2012
    Location
    6367 km away from the center of the Earth
    Posts
    1,065
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    I recommend to buy JVC, there is a new product soon to come to the market : VHS video tapes


    Have you heard of the ibillionaire index?
    http://www.ibillionaire.me/
    Last edited by erig007; 11-16-13 at 05:15 PM.

  3. #3
    A tiny member bikeguyinvenice's Avatar
    Join Date
    Feb 2012
    Location
    Venice, Florida, U.S.A.
    My Bikes
    late 90's Trek 720 Muti-Track
    Posts
    171
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by erig007 View Post
    I recommend to buy JVC, there is a new product soon to come to the market : VHS video tapes


    Have you heard of the ibillionaire index?
    http://www.ibillionaire.me/

    I was thinking of buying some sony, heard they had something new coming out soon, something called a walkman.
    My cycling blog http://kcmjr.wordpress.com/
    "Normal" is just a setting on a washing machine.

  4. #4
    Senior Member
    Join Date
    Jun 2012
    My Bikes
    Felt nine flow
    Posts
    559
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    i like real estate because at least you own something other then paper

  5. #5
    Banned. ModoVincere's Avatar
    Join Date
    Aug 2006
    Posts
    1,626
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Sorry, but without knowing your risk tolerances, how much we're dealing with, time frames, and lots of other information......I aint saying nuthin.

  6. #6
    Senior Member
    Join Date
    Sep 2012
    Location
    6367 km away from the center of the Earth
    Posts
    1,065
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bikeguyinvenice View Post
    I was thinking of buying some sony, heard they had something new coming out soon, something called a walkman.
    Great idea!


  7. #7
    A tiny member bikeguyinvenice's Avatar
    Join Date
    Feb 2012
    Location
    Venice, Florida, U.S.A.
    My Bikes
    late 90's Trek 720 Muti-Track
    Posts
    171
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by windhchaser View Post
    i like real estate because at least you own something other then paper
    I already own two properties, here in FL and TX., don't think I want any more real estate.
    My cycling blog http://kcmjr.wordpress.com/
    "Normal" is just a setting on a washing machine.

  8. #8
    BF Risk Manager
    Join Date
    Mar 2006
    Location
    Snohomish County, Washington USA
    My Bikes
    Road, mountain and folding
    Posts
    896
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    You can do much, much worse than to get a US stock market index fund (S&P 500), a US bond index fund, and perhaps a world bond index or world balanced fund. If you wanted to add from that, a US small cap index fund and a US mid cap index fund. Over time, the data has consistently shown that most actively-managed mutual funds do no better than a stock or bond index fund. Look also to ensure that these funds have a small net expense ratio.
    Regards, MillCreek
    Snohomish County, Washington USA

  9. #9
    Senior Member rumrunn6's Avatar
    Join Date
    Jul 2008
    Location
    25 miles northwest of Boston
    My Bikes
    Bottecchia Sprint
    Posts
    12,028
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    everybody print that last post, or what?
    cycling is like baseball ~ it doesn't take much to make it interesting

  10. #10
    A tiny member bikeguyinvenice's Avatar
    Join Date
    Feb 2012
    Location
    Venice, Florida, U.S.A.
    My Bikes
    late 90's Trek 720 Muti-Track
    Posts
    171
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I just picked some stocks, after researching them, I picked 10 out of 36 possibles that I thought looked good. If I have to re-evaluate in 6 months to a year I am okay with that.
    My cycling blog http://kcmjr.wordpress.com/
    "Normal" is just a setting on a washing machine.

  11. #11
    Senior Member tizeye's Avatar
    Join Date
    Aug 2007
    Location
    Orlando, FL
    My Bikes
    1985 Falcon, 2008 Jamis Dakota Sport
    Posts
    102
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Now that you have them, it is more important to know when to get out. What is your exit plan.

    Also, you may want to try something like www.stockmarketmentor.com It is free for the single featured stock, and there is a pay version as well. Doesn't doe a "buy this" rather, it looks at and trains you on concept and what to look for.
    1985 Falcon
    2008 Jamis Dakota Sport

  12. #12
    Senior Member
    Join Date
    May 2012
    Location
    Rockland County, NY
    My Bikes
    Giant TCR SL3 and Trek 1.5
    Posts
    921
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bikeguyinvenice View Post
    Okay so i just rolled my 401(k) from my previous employer into an already established IRA, not a million in there, but want something to invest in with a proven history of growth. I can study charts and financials till I grow old, but just looking to see what others are willing to recommend.
    I'm not an FA, but I manage both mine and my wife's retirement funds and have a financial journalism background, so I know how to read financials and do my own homework. The true answer to your question depends largely on how old you are and when you want to retire and what your risk tolerance is. When you get down to brass tacks, almost every investment has a proven period of growth, but likewise they all go through rough periods, which makes it more important now to actively manage whatever you have than before. That doesn't necessarily frequently, just that you can't "set it and forget it" as much anymore.

    Generally, you're good if you put your money into mutual funds, but select 2-3 with different goals, such as a balanced fund, maybe an emerging market fund, etc. I also always keep some money in the SPY exchange-traded fund that tracks the S&P 500. I'd be careful about chasing anything hot like precious metals or commodities because they can have very wide price swings.

  13. #13
    A tiny member bikeguyinvenice's Avatar
    Join Date
    Feb 2012
    Location
    Venice, Florida, U.S.A.
    My Bikes
    late 90's Trek 720 Muti-Track
    Posts
    171
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by tizeye View Post
    Now that you have them, it is more important to know when to get out. What is your exit plan.

    Also, you may want to try something like www.stockmarketmentor.com It is free for the single featured stock, and there is a pay version as well. Doesn't doe a "buy this" rather, it looks at and trains you on concept and what to look for.
    Well I tend to hold the stocks I buy, most of the ones i bought had a Market Edge rating of long term hold. Like I said if I have to re-evaluate at some point in the future I am okay with it. If I read something negative about any of them and they start to decline I will come up with an exit strategy.
    My cycling blog http://kcmjr.wordpress.com/
    "Normal" is just a setting on a washing machine.

  14. #14
    Senior Member
    Join Date
    Oct 2006
    Location
    Fishers Indiana
    My Bikes
    Longbikes Slipstream
    Posts
    311
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Read this, then follow millcreek's advice: http://www.barnesandnoble.com/w/inte...ham/1100550845
    Longbikes Slipstream

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •