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Jibber
03-18-2020, 07:48 PM
Market is ripe for buying.

Anyone have any good stock tips?

390gtconv
03-18-2020, 11:21 PM
Clorox maybe

ToplessPony94
03-19-2020, 10:17 AM
I think it's got a ways to fall yet. But I'm one of those boring ride-it-out guys anyway. It worked for me in 2008, hoping it will again. I've got a bit of "cash" out of the market, but generally trying to time the market is a fool's errand, unless maybe your name is Warren Buffet.

390gtconv
03-19-2020, 10:34 AM
Me, working for DSA Detection, events like this help us thrive, support TSA airports

Jibber
03-21-2020, 11:49 AM
I wish I knew more about the market and how to research these companies.

There are alot of perceived "good value" stocks out there.
I'll chalk it up as a missed opportunity.

07 stang gt
03-21-2020, 01:39 PM
Fords at $4 !

ToplessPony94
03-21-2020, 09:16 PM
I wish I knew more about the market and how to research these companies.

There are a lot of perceived "good value" stocks out there.
I'll chalk it up as a missed opportunity.

You can eliminate a lot of the need for that with mutual funds. May not make quite as much of a killing as a well researched single company, but with index funds and sector funds you can do well. Dimensional Funds are probably the funds on the market with the least overhead expense and some of the best research and strategies.

Unfortunately, you can't buy Dimensional's offerings as an individual, you have to go through a financial planner that they have approved to sell their offerings. We use a fee-only adviser, which means they take no commissions, kickbacks or incentives to sell any particular offering, which also gives them no incentive to "churn" your account so they can earn commissions. The only compensation they get is from you, the person they advise and the fee is based on your assets, so their best interest is aligned with yours. If you lose money, they get less fee. The more you make, the more they make.

It sounds expensive until you do the math. It turns out their fees are well below the "hidden fees" you would end up paying to cover what other (non-fee-only) advisers make from the commissions and from selling funds with higher expense ratios, and you get advice aligned with your needs, not to create income for the adviser.

If this sounds good to anyone and they want more information, feel free to contact me. I don't get a referral fee, either. ;)

Jibber
03-25-2020, 07:50 PM
Thanks Bruce.... market on the rise...

I did buy some stock in my company.... have made a nice little profit already.
Wish I had more $ to have played with.....