- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Guidance
Posted on 5/21/26 at 11:19 am
Posted on 5/21/26 at 11:19 am
Know nothing about investing; just retired have a 501k ; who do I trust or who do I see about investing in stock market. Seeing and hearing I should be investing in AI . Also see advertising for letting Chat GPT etc help me invest? I don’t know what to trust. A someone point me in the right direction? Thk you
10
Posted on 5/21/26 at 11:30 am to Swampcat
Buy a s&p 500 ETF and leave it alone. You can't beat the returns on your own
Posted on 5/21/26 at 11:35 am to Swampcat
There is a lot of information available on this board, but you can also use AI searches to provide help understanding concepts and such.
My suggestion is that you should carve out an amount that you can afford to lose and start getting used to the how-to of buying and selling stocks. Keep it simple and learn the tax implications of buying/selling. Know your aversion to risk.
You could put the majority of your money into index funds to start with so you can see your money grow and buy some "safe" stocks to start with. Stocks like Nvidia, Apple, Microsoft, etc.
There is a ton of information out there and a lot of it is just someone's opinion, and sometimes people have an agenda, so be careful.
I tend to invest in growth stocks that I believe have a strong pathway to success - one that I understand. i don't normally invest in crypto, for example. I understand what it is, but I tend to shy away from stocks that don't provide a benefit, but operate on sentiment.
Your question was general and I know my answer is all over the board, but just start out simple. You WILL make mistakes, and that is okay. We all make mistakes. Don't be afraid to take profits, and don't be afraid to take losses by moving on. You just need to get more right than wrong, in the long run, and if you get stocks and are patient with them, it is not as hard as you think to grow your portfolio by 20, 30, or 50 percent.
My suggestion is that you should carve out an amount that you can afford to lose and start getting used to the how-to of buying and selling stocks. Keep it simple and learn the tax implications of buying/selling. Know your aversion to risk.
You could put the majority of your money into index funds to start with so you can see your money grow and buy some "safe" stocks to start with. Stocks like Nvidia, Apple, Microsoft, etc.
There is a ton of information out there and a lot of it is just someone's opinion, and sometimes people have an agenda, so be careful.
I tend to invest in growth stocks that I believe have a strong pathway to success - one that I understand. i don't normally invest in crypto, for example. I understand what it is, but I tend to shy away from stocks that don't provide a benefit, but operate on sentiment.
Your question was general and I know my answer is all over the board, but just start out simple. You WILL make mistakes, and that is okay. We all make mistakes. Don't be afraid to take profits, and don't be afraid to take losses by moving on. You just need to get more right than wrong, in the long run, and if you get stocks and are patient with them, it is not as hard as you think to grow your portfolio by 20, 30, or 50 percent.
Posted on 5/21/26 at 11:37 am to Swampcat
quote:
Know nothing about investing; just retired have a 501k ; who do I trust or who do I see about investing in stock market. Seeing and hearing I should be investing in AI . Also see advertising for letting Chat GPT etc help me invest? I don’t know what to trust. A someone point me in the right direction? Thk you
1. Never login to Chat GPT. Sam Altman is
2. Listen to Jax. He's a solid investor wtih strong theses and measured expectations.
3. Be curious. Read a lot. Ask a lot of questions here, and in Gemini or Claude.
This post was edited on 5/21/26 at 11:44 am
Posted on 5/21/26 at 11:45 am to Swampcat
There are some other recent treads that have some discussions on how to bucket your money in retirement. I’m not there yet so haven’t given it a lot of thought but I will definitely use some form of that 3 bucket system when I do retire.
Posted on 5/21/26 at 12:03 pm to bayoubengals88
quote:
Never login to Chat GPT. Sam Altman is
I'll show you my extensive convos with chatgpt tonight
Posted on 5/21/26 at 12:17 pm to NfamousPanda
quote:
I'll show you my extensive convos with chatgpt tonight
Posted on 5/21/26 at 12:56 pm to bayoubengals88
quote:
2. Listen to Jax. He's a solid investor wtih strong theses and measured expectations.
This makes me question your judgement...
To the OP - BB88 has introduced a lot of people to some good stocks on this board. Take a look at some of the threads he has started and consider them. DO YOUR OWN DUE DILIGENCE, as well. BB88 usually introduces growth stocks that are long term holds.
One thing to watch is the dates on the threads. Sometimes you'll read a thread that on a stock that sounds promising and you'll realize that it was started in 2021 and everything in the thread is dated.
Case in point, Standard Lithium, which has been making millionaires for 6 years, now. 'Nuff Said.
Trading stocks can be fun and exhilirating, but it can also be frustrating and stressful. Sometimes all in the same day. Again, know your aversion for risk, be patient, and don't get too cocky when things are going well or too depressed when they aren't.
Posted on 5/21/26 at 1:06 pm to Swampcat
You are starting too late to figure this out on your own. Just find a reputable advisor like Edward Jones or Ameriprise and talk with them. You need tax advising, wills, and all kinds of things you don’t know about. You’ll pay them a small fee but it’s worth it not to make a big mistake when you don’t know what you’re doing.
Posted on 5/21/26 at 1:10 pm to Drizzt
Thank you everyone;
I did find this;
Investment Companies in the U.S. to Know
Fidelity Investments
Charles Schwab
TradeStation
Vanguard
Betterment
Morgan Stanley
Are these companies equally as good or trustworthy?
Thank you again.
I did find this;
Investment Companies in the U.S. to Know
Fidelity Investments
Charles Schwab
TradeStation
Vanguard
Betterment
Morgan Stanley
Are these companies equally as good or trustworthy?
Thank you again.
Posted on 5/21/26 at 3:59 pm to Swampcat
As an online brokerage all of them are fine. This is where you’d setup an account and manage it yourself.
Or are you looking for someone to manage your money from one of these companies?
You really don’t need a money manager.
If you have retirement, tax, real estate questions just ask the board here or meet with an advisor who will charge you a one time fee.
If you want to invest sign up on Schwab, move money, buy ETFs (SCHD for example).
If you want to pick stocks start reading A LOT and ask questions here.
Or are you looking for someone to manage your money from one of these companies?
You really don’t need a money manager.
If you have retirement, tax, real estate questions just ask the board here or meet with an advisor who will charge you a one time fee.
If you want to invest sign up on Schwab, move money, buy ETFs (SCHD for example).
If you want to pick stocks start reading A LOT and ask questions here.
Posted on 5/21/26 at 5:09 pm to Swampcat
If you take this board’s advice you will end up losing a lot of money. Managing retirement funds takes knowledge, skill, and discipline. If you don’t have all of those things you should pay someone to do this for you. You don’t get a redo on this at your age. Good luck.
Posted on 5/21/26 at 5:45 pm to Swampcat
Retired but have no idea on your financial picture?
Posted on 5/21/26 at 5:46 pm to Drizzt
quote:
If you take this board’s advice you will end up losing a lot of money. Managing retirement funds takes knowledge, skill, and discipline. If you don’t have all of those things you should pay someone to do this for you. You don’t get a redo on this at your age. Good luck.
Based on few posts, it is clear the OP needs an actual professional and is not in position to self manage.
Posted on 5/21/26 at 5:49 pm to Drizzt
quote:
Edward Jones
Posted on 5/21/26 at 5:55 pm to lynxcat
quote:
Based on few posts, it is clear the OP needs an actual professional and is not in position to self manage.
This is probably true…
Posted on 5/21/26 at 8:08 pm to Swampcat
Start reading up on investing and retirement portfolio basics and listen to podcasts and watch youtube videos from reputable sources.
Dont start gambling your retirement on individual stocks. Certainly not before determining your risk tolerance and portfolio allocation.
I'd probably start with Schwab or Fidelity and use their robo advisor service or target date funds.
I am all for DIY but you sound like the perfect case.for using an advisor. Just be sure they are a fiduciary (at all times) not insurance salesman when they choose to take of fiduciary hat, and not a firm that sells propeitary fund or high fee products (thats why EJ has isnt popular around here.)
Do you know your current allocation and risk profile?
Dont start gambling your retirement on individual stocks. Certainly not before determining your risk tolerance and portfolio allocation.
I'd probably start with Schwab or Fidelity and use their robo advisor service or target date funds.
I am all for DIY but you sound like the perfect case.for using an advisor. Just be sure they are a fiduciary (at all times) not insurance salesman when they choose to take of fiduciary hat, and not a firm that sells propeitary fund or high fee products (thats why EJ has isnt popular around here.)
Do you know your current allocation and risk profile?
Posted on 5/21/26 at 8:10 pm to Swampcat
read the sticky thread!
Posted on 5/21/26 at 9:17 pm to ronricks
Edward Jones is fine for the average investor. They are standardized and won’t lose your money on something exotic. Plus they are big enough that they worry about liability. I’d trust them for a family member way more than some independent private office in bumfrick Louisiana or Alabama.
This post was edited on 5/21/26 at 9:18 pm
Posted on 5/21/26 at 9:47 pm to lynxcat
quote:how did this take half a page to get asked?
Retired but have no idea on your financial picture?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News