- 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
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
bayoubullish
| Favorite team: | LSU  |
| Location: | Lafayette, LA |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 24 |
| Registered on: | 11/15/2018 |
| Online Status: | Not Online |
Recent Posts
Message
re: Random Market Strategy
Posted by bayoubullish on 11/21/19 at 2:47 pm
Appreciate this response Buckeye...
0
Personal Finance Tips
Posted by bayoubullish on 11/21/19 at 2:37 pm
What are some of the best personal finance tips you've ever received? I'm reading a book with some helpful, but pretty basic stuff. I wanna find the non-obvious things that I might be missing...
re: What are some of the best personal finance books that you reccommend?
Posted by bayoubullish on 11/21/19 at 2:36 pm
Currently reading "I Will Teach You to be Rich" by Ramit Sethi. I actually knew about it for a couple years but didnt buy because of the title, but heard someone talk about it helping them so picked one up. Tons of great, practical info...
re: What are you using for a cash fund?
Posted by bayoubullish on 11/21/19 at 2:27 pm
Im using betterment. Really easy, I even set up automatic savings. High rate, etc....
re: Savings accounts
Posted by bayoubullish on 11/21/19 at 2:26 pm
Yea, moved a large chunk of savings there once, but Betterment was paying more so I went there. They all pay pretty close to the same rate, though.
Really easy to set up, send, and receive money. Can also set up monthly or even weekly savings. Highly recommend. ...
re: Financial Advisor Meeting
Posted by bayoubullish on 11/21/19 at 2:13 pm
Here are some questions from the great Jason Zweig:
https://jasonzweig.com/the-19-questions-to-ask-your-financial-adviser/
Additional tips:
If they're not a fiduciary- run.
If you can't understand how they're paid- run.
If they talk investments/portfolios, returns, and fees first- run.
You...
re: Financial Advisor Meeting
Posted by bayoubullish on 11/21/19 at 2:09 pm
LSUFanHouston: I've held that same theory, but was proven wrong many times over. commission is obviously cheaper than annual fee, but that's only in theory. One day there will be one reason or another to make a costly change. It's basically making a bet that you'll stick with the "mutual fund of the...
re: START Program
Posted by bayoubullish on 11/21/19 at 2:04 pm
[quote]response to upstairscomputer [/quote]the tax-deferral and low cost, high-quality investments are still a great benefit. especially if someone has 10+ years until say, freshman year. I look at it as a way to save for 4 years of high school, rather than all of private school. To your point abou...
re: START Program
Posted by bayoubullish on 11/21/19 at 1:54 pm
https://exponentfinance.wordpress.com/2019/10/03/louisianas-new-start-k12-plan/
Here's a post breaking it down. ...
re: Books About Money Everyone Should Read
Posted by bayoubullish on 10/22/19 at 2:04 pm
I will teach you how to be rich by Ramit Seti. I was skeptical because of the title, but recommend.
Here's what I've learned over the years- be careful with personal finance books. Most of them lean HARD to one central theme. This is because personal finance books are a tough sell, so you have to e...
re: Random Market Strategy
Posted by bayoubullish on 10/22/19 at 1:58 pm
Not. Past performance, good or bad, has been a horrible forecasting mechanism.
This is not a new idea at all. you can check the data in the blogs below:
https://awealthofcommonsense.com/2013/09/past-performance-matter/
https://theirrelevantinvestor.com/...
re: Random Market Strategy
Posted by bayoubullish on 10/22/19 at 1:52 pm
crazy volatility is probably the most common characteristic of individual stocks......
re: Books About Money Everyone Should Read
Posted by bayoubullish on 10/22/19 at 11:19 am
Your money and your brain- Jason Zweig
a wealth of common sense blog
https://awealthofcommonsense.com/2019/08/tldr-the-best-finance-books-in-one-sentence/
https://awealthofcommonsense.com/2018/10/9-underrated-investing-books/
the irrelevant investor blog
of dollars and data blog...
re: Thoughts on WTRH - Waitr
Posted by bayoubullish on 10/21/19 at 1:58 pm
Garbage stock, absolutely 0 moat. Anyone with any form of mobility can deliver. competition was creeping in on their territory, then they gave their marketshare a big FU with their new fee structure....
re: roth 401k vs regular 401k
Posted by bayoubullish on 10/17/19 at 7:12 pm
Do both. The cpa will say all reg401k because they are seeking immediate benefit, financial planner will lean towards Roth because they seek future benefit. But the younger you are the more you should contribute to the Roth. For example, you’re under 30 yo with 30+ years to go, you could prob assume...
re: Anyone here ever sold a car to CarMax or GiveMeTheVIN?
Posted by bayoubullish on 10/17/19 at 6:49 pm
I did give me the vin twice. Easy process and got a few grand more than what the dealership offered. ...
re: Can someone help me understand capital gains tax?
Posted by bayoubullish on 3/24/19 at 7:34 pm
You can do a 1031 exchange into your next primary residence. That should help....
re: So when do we buy Boeing?
Posted by bayoubullish on 3/14/19 at 7:37 pm
Does it really matter? Just buy some. If you're nervous, take a third of what you were going to invest, and save the other 2/3 for later. ...
re: Thoughts on 401k and possible recession
Posted by bayoubullish on 3/14/19 at 7:29 pm
https://ritholtz.com/2019/03/buy-hold-profit/
There you go. Over 20 year rolling periods from 1872-2018, the stock market delivered returns that varied from +0.5%-+13.2%. As in you did not have a loss over a 20 year holding period. Over 146 years.
Facts > Fear...
re: I have $1000
Posted by bayoubullish on 3/14/19 at 7:21 pm
You can try to find the needle in the haystack, or you can buy the haystack. I would say with 1k, a total market ETF. Otherwise you are betting that the one stock you picked will workout best. There are opportunity costs involved in that you've actually picked the right one, and an ETF will not only...
Popular
36
