pat Posted February 16, 2017 Report Share Posted February 16, 2017 6 minutes ago, wiscotitansfan said: So what's the long-term plan? Just accumulate as much wealth and just pass it on or do stuff in retirement? Being that fiscally responsible (for a long time it seems), makes it hard for me to believe that you will be one to go on extravagant vacations and shit like that. Fear the day Oman meets a hitman. Link to post Share on other sites More sharing options...
Mythos27 Posted February 16, 2017 Report Share Posted February 16, 2017 19 minutes ago, patsplat said: Fear the day Oman meets a hitman. No way. Oman would want to do the deed himself just to make sure it gets done right. Oh and for the lulz of course. pat, wiscotitansfan, and OILERMAN 3 Link to post Share on other sites More sharing options...
OILERMAN Posted February 16, 2017 Report Share Posted February 16, 2017 3 hours ago, wiscotitansfan said: So what's the long-term plan? Just accumulate as much wealth and just pass it on or do stuff in retirement? Being that fiscally responsible (for a long time it seems), makes it hard for me to believe that you will be one to go on extravagant vacations and shit like that. When I'm 59.5 I'm retiring but I'm gonna do something else, don't know what. I might start a business. I went on two vacations last year but nothing extravagant, I hiked in and out of the Grand Canyon and went to the coast. Im def going to some places around the world and I'll def leave behind an empire Link to post Share on other sites More sharing options...
Jamalisms Posted February 16, 2017 Report Share Posted February 16, 2017 8 minutes ago, OILERMAN said: I'll def leave behind an empire Napoleon wiscotitansfan, and pat 2 Link to post Share on other sites More sharing options...
SleepingTitan Posted February 16, 2017 Report Share Posted February 16, 2017 On the year, sitting on 3.89% in the ol' 401k. I tried to copy paste a snip but don't know how w/o converting into url. Basically 40% emerging mkt 40% domestic stock. Link to post Share on other sites More sharing options...
OILERMAN Posted February 16, 2017 Report Share Posted February 16, 2017 3 hours ago, Jamalisms said: Napoleon In some ways very accurate Jamalisms, and pat 2 Link to post Share on other sites More sharing options...
OILERMAN Posted February 16, 2017 Report Share Posted February 16, 2017 On 2/15/2017 at 9:08 AM, abenjami said: At this point I think I might have to just suck it up and buy back in. Let's us know when you're getting back in so we'll know when the drop starts! wiscotitansfan, pat, and Jamalisms 3 Link to post Share on other sites More sharing options...
Jamalisms Posted February 16, 2017 Report Share Posted February 16, 2017 1 hour ago, OILERMAN said: In some ways very accurate It's thoroughly accurate and the best nickname around. Bigly. Link to post Share on other sites More sharing options...
Downtown Posted February 16, 2017 Report Share Posted February 16, 2017 I was reading where the current surge in the market is somewhat based off of the projections that Trump's trade deals are going to create a very large inflation cycle. If true, that's bad news for us all. Its a self-fueling failure where the only way to beat inflation is through the market. Link to post Share on other sites More sharing options...
9 Nines Posted February 16, 2017 Report Share Posted February 16, 2017 (edited) 8 minutes ago, Downtown said: I was reading where the current surge in the market is somewhat based off of the projections that Trump's trade deals are going to create a very large inflation cycle. If true, that's bad news for us all. Its a self-fueling failure where the only way to beat inflation is through the market. Real estate usually tracks closely with inflation. But inflation is typically wage or resource pushed. Consumers won't pay higher prices much. Retailers and suppliers will have to absorb some of it. Edited February 16, 2017 by 9 Nines Link to post Share on other sites More sharing options...
OILERMAN Posted February 22, 2017 Report Share Posted February 22, 2017 5.95% YTD 89 trading days since the last 1%+ loss Link to post Share on other sites More sharing options...
OILERMAN Posted February 22, 2017 Report Share Posted February 22, 2017 On 7/25/2016 at 8:31 PM, Dmeade- said: I do this about once a year and re-invest my profits. It's free money. DMeade what have you done during this run up? Were you in or out? Link to post Share on other sites More sharing options...
Dmeade- Posted February 22, 2017 Report Share Posted February 22, 2017 12 minutes ago, OILERMAN said: DMeade what have you done during this run up? Were you in or out? Little of both. I've had a lot of my money tied up in UA for over a year and recently doubled down. I almost sold at breakeven but decided to hang on (looking like a mistake in the short term). I recently sold tsla around 220 (also a mistake). This one doesn't bother me though. Tsla is too volatile and my cost basis was around 175. OILERMAN 1 Link to post Share on other sites More sharing options...
Mythos27 Posted February 24, 2017 Report Share Posted February 24, 2017 What do you all think about Vanguard's S&P 500 etf? https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0968. Good place to start investing? ctm 1 Link to post Share on other sites More sharing options...
9 Nines Posted February 24, 2017 Report Share Posted February 24, 2017 (edited) 21 minutes ago, Mythos27 said: What do you all think about Vanguard's S&P 500 etf? https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0968. Good place to start investing? Yes it is very low fee and follows the S&P 500, which nothing else you choose is likely going to beat. VTI, total stock market, might be more balanced, so might be better if you are only investing in that one place but is heavily geared toward mega-cap stocks, so probably tracks VOO roughly the same. If you want to do two funds, 75% VOO and 25% VTWO (russell 2000 - small cap index) would be a good place to start. Edited February 24, 2017 by 9 Nines OILERMAN 1 Link to post Share on other sites More sharing options...
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