If you believe in the stock market buble, where do you park your money?

[moneymaker]

I always feel unpatriotic betting that the dollar will fail. Instead of agonizing over it, just go to Vegas, find a no limit roulette wheel and bet everything you’ve got on black. Didn’t that work for 007 or was it Wesley Snipes, anyway good luck!
P.S.-Try to find a European Roulette wheel,I hear they pay better.

[maktbone]

Trying to beat the market is only going to bite you in the long run. Unless you work for Goldman Sachs or have extensive finance training, you’re only falling victim to irrational psychological biases. Academic theory, especially the stuff coming out the U. of Chicago, has shown time and time again that the average person, no matter how-well intentioned, cannot consistent beat the market. If you want to risk retiring with nothing and having to live solely off social security checks that’s fine with me, but for your own sake and your family I hope you come to the realization that you are gambling, not investing. Try reading “A Random Walk Down Wall Street.” It will change your life.

Personally, I’m invested in index funds, 40% in an S&P 500 ETF, 35% in a MSCI International ETF, and 25% in a corporate bond fund. I rebalance once a year.

[maktbone]

Trying to beat the market is only going to bite you in the long run. Unless you work for Goldman Sachs or have extensive finance training, you’re only falling victim to irrational psychological biases. Academic theory, especially the stuff coming out the U. of Chicago, has shown time and time again that the average person, no matter how-well intentioned, cannot consistent beat the market. If you want to risk retiring with nothing and having to live solely off social security checks that’s fine with me, but for your own sake and your family I hope you come to the realization that you are gambling, not investing. Try reading “A Random Walk Down Wall Street.” It will change your life.

Personally, I’m invested in index funds, 40% in an S&P 500 ETF, 35% in a MSCI International ETF, and 25% in a corporate bond fund. I rebalance once a year.

[maktbone]

Trying to beat the market is only going to bite you in the long run. Unless you work for Goldman Sachs or have extensive finance training, you’re only falling victim to irrational psychological biases. Academic theory, especially the stuff coming out the U. of Chicago, has shown time and time again that the average person, no matter how-well intentioned, cannot consistent beat the market. If you want to risk retiring with nothing and having to live solely off social security checks that’s fine with me, but for your own sake and your family I hope you come to the realization that you are gambling, not investing. Try reading “A Random Walk Down Wall Street.” It will change your life.

Personally, I’m invested in index funds, 40% in an S&P 500 ETF, 35% in a MSCI International ETF, and 25% in a corporate bond fund. I rebalance once a year.

[maktbone]

Trying to beat the market is only going to bite you in the long run. Unless you work for Goldman Sachs or have extensive finance training, you’re only falling victim to irrational psychological biases. Academic theory, especially the stuff coming out the U. of Chicago, has shown time and time again that the average person, no matter how-well intentioned, cannot consistent beat the market. If you want to risk retiring with nothing and having to live solely off social security checks that’s fine with me, but for your own sake and your family I hope you come to the realization that you are gambling, not investing. Try reading “A Random Walk Down Wall Street.” It will change your life.

Personally, I’m invested in index funds, 40% in an S&P 500 ETF, 35% in a MSCI International ETF, and 25% in a corporate bond fund. I rebalance once a year.

[maktbone]

Trying to beat the market is only going to bite you in the long run. Unless you work for Goldman Sachs or have extensive finance training, you’re only falling victim to irrational psychological biases. Academic theory, especially the stuff coming out the U. of Chicago, has shown time and time again that the average person, no matter how-well intentioned, cannot consistent beat the market. If you want to risk retiring with nothing and having to live solely off social security checks that’s fine with me, but for your own sake and your family I hope you come to the realization that you are gambling, not investing. Try reading “A Random Walk Down Wall Street.” It will change your life.

Personally, I’m invested in index funds, 40% in an S&P 500 ETF, 35% in a MSCI International ETF, and 25% in a corporate bond fund. I rebalance once a year.

[scaredyclassic]

i think that’s generally true if you move around a lot. but if you get out of the way of one big giant land mine, say one big market timing move, and you happen to be right, well…

[scaredyclassic]

i think that’s generally true if you move around a lot. but if you get out of the way of one big giant land mine, say one big market timing move, and you happen to be right, well…

[scaredyclassic]

i think that’s generally true if you move around a lot. but if you get out of the way of one big giant land mine, say one big market timing move, and you happen to be right, well…

[scaredyclassic]

i think that’s generally true if you move around a lot. but if you get out of the way of one big giant land mine, say one big market timing move, and you happen to be right, well…

[scaredyclassic]

i think that’s generally true if you move around a lot. but if you get out of the way of one big giant land mine, say one big market timing move, and you happen to be right, well…

[UCGal]

[quote=CricketOnTheHearth]jimmyle, my 401(K) also sucks re precious metals– no such option whatsoever. I looked back in 2007 or so and blast blast blast– no way to move my $ into something more solid. All I get to choose from are various types of “funds”.

So I did the best I could and moved like half of it into bonds-type funds, the closest I could get to T-bills given the options they gave me, and lost “only” 25% in the fall of 2008. As the $#!+ was hitting the fan I boosted my proportions so that nearly half of it is in the “stable value fund” (like a money market account), another third in conservative bond funds, and the remainder in my basket of stock funds. Since then I’ve gained most of what I lost back.

However, I think this stock market rise is a mirage and I don’t trust it. Also my company suspended the 401(K) match. So I cut in half the % of my income that I put into it each month, and have that money wired into my credit union account instead. I figure when the market crashes I will wait til stocks appear to have bottomed, then up my paycheck deduction again enough to “put back in” what I put in the credit union.

I know this attempted market timing is kind of cheesy, but I just can’t see putting my 16 raisins into this thing only to see it decline by 25 raisins during the year. It feels like flushing my money down a black hole when that happens.[/quote]

Cricket – you don’t work for a company with 2 CEO’s do you? Your crappy choices and cut 401k sound very familiar. It sucks.

[UCGal]

[quote=CricketOnTheHearth]jimmyle, my 401(K) also sucks re precious metals– no such option whatsoever. I looked back in 2007 or so and blast blast blast– no way to move my $ into something more solid. All I get to choose from are various types of “funds”.

So I did the best I could and moved like half of it into bonds-type funds, the closest I could get to T-bills given the options they gave me, and lost “only” 25% in the fall of 2008. As the $#!+ was hitting the fan I boosted my proportions so that nearly half of it is in the “stable value fund” (like a money market account), another third in conservative bond funds, and the remainder in my basket of stock funds. Since then I’ve gained most of what I lost back.

However, I think this stock market rise is a mirage and I don’t trust it. Also my company suspended the 401(K) match. So I cut in half the % of my income that I put into it each month, and have that money wired into my credit union account instead. I figure when the market crashes I will wait til stocks appear to have bottomed, then up my paycheck deduction again enough to “put back in” what I put in the credit union.

I know this attempted market timing is kind of cheesy, but I just can’t see putting my 16 raisins into this thing only to see it decline by 25 raisins during the year. It feels like flushing my money down a black hole when that happens.[/quote]

Cricket – you don’t work for a company with 2 CEO’s do you? Your crappy choices and cut 401k sound very familiar. It sucks.

[UCGal]

[quote=CricketOnTheHearth]jimmyle, my 401(K) also sucks re precious metals– no such option whatsoever. I looked back in 2007 or so and blast blast blast– no way to move my $ into something more solid. All I get to choose from are various types of “funds”.

So I did the best I could and moved like half of it into bonds-type funds, the closest I could get to T-bills given the options they gave me, and lost “only” 25% in the fall of 2008. As the $#!+ was hitting the fan I boosted my proportions so that nearly half of it is in the “stable value fund” (like a money market account), another third in conservative bond funds, and the remainder in my basket of stock funds. Since then I’ve gained most of what I lost back.

However, I think this stock market rise is a mirage and I don’t trust it. Also my company suspended the 401(K) match. So I cut in half the % of my income that I put into it each month, and have that money wired into my credit union account instead. I figure when the market crashes I will wait til stocks appear to have bottomed, then up my paycheck deduction again enough to “put back in” what I put in the credit union.

I know this attempted market timing is kind of cheesy, but I just can’t see putting my 16 raisins into this thing only to see it decline by 25 raisins during the year. It feels like flushing my money down a black hole when that happens.[/quote]

Cricket – you don’t work for a company with 2 CEO’s do you? Your crappy choices and cut 401k sound very familiar. It sucks.

[UCGal]

[quote=CricketOnTheHearth]jimmyle, my 401(K) also sucks re precious metals– no such option whatsoever. I looked back in 2007 or so and blast blast blast– no way to move my $ into something more solid. All I get to choose from are various types of “funds”.

So I did the best I could and moved like half of it into bonds-type funds, the closest I could get to T-bills given the options they gave me, and lost “only” 25% in the fall of 2008. As the $#!+ was hitting the fan I boosted my proportions so that nearly half of it is in the “stable value fund” (like a money market account), another third in conservative bond funds, and the remainder in my basket of stock funds. Since then I’ve gained most of what I lost back.

However, I think this stock market rise is a mirage and I don’t trust it. Also my company suspended the 401(K) match. So I cut in half the % of my income that I put into it each month, and have that money wired into my credit union account instead. I figure when the market crashes I will wait til stocks appear to have bottomed, then up my paycheck deduction again enough to “put back in” what I put in the credit union.

I know this attempted market timing is kind of cheesy, but I just can’t see putting my 16 raisins into this thing only to see it decline by 25 raisins during the year. It feels like flushing my money down a black hole when that happens.[/quote]

Cricket – you don’t work for a company with 2 CEO’s do you? Your crappy choices and cut 401k sound very familiar. It sucks.

[Author]

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