Posted on Apr 9, 2016
Do you have any advice for a newbie looking to invest in Mutual funds?
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Scottrade, E-trade, something else? Specific strategies?
Investing
Money
Finance
Investment Banking
Investment Management
Posted 8 y ago
Responses: 18
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Vanguard S&P 500 index 90% of your savings. 10% in a risk free asset (government bonds or savings account.)
Straight from the mouth of the literal best investor alive.
"My advice to the trustee
could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors – whether pension funds, institutions or individuals – who employ high-fee managers."
http://www.berkshirehathaway.com/letters/2013ltr.pdf
Straight from the mouth of the literal best investor alive.
"My advice to the trustee
could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors – whether pension funds, institutions or individuals – who employ high-fee managers."
http://www.berkshirehathaway.com/letters/2013ltr.pdf
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CPT Joseph K Murdock
That is if he is accepting a market loss cause he was trying for a market gain.
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MSgt John McGowan
Capt. Best advise I have seen on this page. You might want to look at my advise. We are together on this.
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CPT (Join to see)
Bad idea for now. Stocks are artificially high due to stock repurchases by companies with P/E rates that are astronomical. Market is currently a fraud and being manipulated like crazy to keep the "muppets," (you and I) pouring their money in to cover bad investments. If the velocity of money slows down we will discover that our house was truly built on sand. If the Fed wasn't running the printing presses at maximum velocity and we weren't exporting our debt under threat of bombing, we would already have gone vet the cliff into ruin.
By physical "stuff." Wait for the market to plummet and then buy into it. It will be lucrative.
By physical "stuff." Wait for the market to plummet and then buy into it. It will be lucrative.
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SGT (Join to see) For 1 year - don't. For longer term, please check into Dave Ramsey's, books, podcasts or radio show. Don't invest- educate yourself. Just like my having played "pokies", (slot machines), in an Australian 'Returned Serviceman's League', their version of the American Legion; I did not understand how their slots worked - and QUIT PLAYING THEM!!
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There was a series of Command Post articles a while back by @Marc Wayman.
https://www.rallypoint.com/search?keyword=strategic+and+tactical+investing&search_type=answers
https://www.rallypoint.com/search?keyword=strategic+and+tactical+investing&search_type=answers
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