Started By
Message

re: Starting to Get Nervous About My First Investment

Posted on 10/14/14 at 7:42 am to
Posted by bayoubengals88
LA
Member since Sep 2007
18869 posts
Posted on 10/14/14 at 7:42 am to
I love that thread

It's hard to go wrong with that advice from TheBigFella (hard, not impossible).
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 10/14/14 at 8:33 am to
What happened to TheBigFella?
Posted by bayoubengals88
LA
Member since Sep 2007
18869 posts
Posted on 10/14/14 at 8:44 am to
No one seems to know.
Posted by StringedInstruments
Member since Oct 2013
18311 posts
Posted on 10/14/14 at 9:45 am to
quote:

It's hard to go wrong with that advice from TheBigFella (hard, not impossible).


It's a bit over my head even with his breakdown. Can someone ELI5? (Explain like I'm five)

To me, all he's saying to do is buy stock in a company that is bound to grow, and add money each month. That about it?
Posted by LSUneaux
NOLA
Member since Mar 2014
4485 posts
Posted on 10/14/14 at 9:52 am to
He's saying that cigarette, soda, and companies that sell consumer staples (things people will buy in a good economies and recessions), will always keep churning out cash to shareholders in dividends. Also, he likes companies that have WORLD markets.

Insert my words: companies like Google and Apple while very powerful aren't selling technology to people living in mud huts in the Sudan. However people in Sudan do smoke and probably drink Coke.

Parts of the developing world are beginning to use deodorant and become more hygienic. Hello Procter and Gamble!
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15034 posts
Posted on 10/14/14 at 10:18 am to
quote:

If it's a long term investment I suggest not checking it too often


It will drive you crazy

Agree 100%. I used to be signed up to get regular email updates from my retirement funds until I cancelled it. Following them on a weekly basis was not healthy and was giving me the urge to fiddle, which is a waste of time at best and potential disaster at worst.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 10/14/14 at 10:30 am to
quote:

Agree 100%. I used to be signed up to get regular email updates from my retirement funds until I cancelled it. Following them on a weekly basis was not healthy and was giving me the urge to fiddle, which is a waste of time at best and potential disaster at worst.


Yep, I would check my investment and retirement accounts DAILY! I would update my spreadsheet DAILY! The past 3 months I have went to monthly so I am getting better, but I do still follow the markets daily, just don't worry about my account value much.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/14/14 at 10:33 am to
I look at the market daily, but i'd never consider pulling out right now. still got 40ish years to go
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 10/14/14 at 10:36 am to
quote:

but i'd never consider pulling out right now. still got 40ish years to go


Yeah, no way, me either. I have about 20-25 so I am in for the long haul. But damn, some days get depressing. I could not imagine having the amount some people have in the markets and watching the daily swings, or having a week like they have had the past week or two.
Posted by The Sultan of Swine
Member since Nov 2010
7718 posts
Posted on 10/15/14 at 8:03 am to
quote:

if I had 10k with VFINX at $180 and it's at $173, take the 10k and buy at the 173 so I have more shares?


Let us know how this works out
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30538 posts
Posted on 10/15/14 at 8:25 am to
quote:

10k with VFINX at $180 and it's at $173


Then you no longer have 10K
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram