Investment Options Besides Stocks

:flushed: 400 pages? 2 to 3 months? I’d invest in literacy if I were you.

What book was this, out of curiosity?

Edit: Not all of my post went through. Do you use scottrade or a similar service for trading stocks?

There is a difference between reading a novel and reading a technical work. You dont read books that are scientific or mathematical quickly otherwise you wont get anything out of it. I limited myself to one chapter a week so Id have time after work to enjoy other things. In 1 reading session Id spend like 2 hours or so underlining, taking notes, etc. Not my favorite to do on a Saturday afternoon…

I use TDAmeritrade.

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What are their trading fees?

$10/transaction. Their customer service is amazing though.

That’s seems a bit high, but not terrible. Fidelity is $7.95 I think. I haven’t needed their customer service, though.

Have you looked into companies that use algorithms for investmenting (like Wealthfront)?

They’ve got a lot of PhDs on their team so they probably have some secret method to do their analyses. I haven’t looked into that however.

I was just giving you a hard time; mostly kidding. :grin: It does seem excessive, but I read like most people watch TV. haha

I have been looking at this recently. I’ve debated putting the minimum in and only checking on it in 6 month increments. Being that my exposure would be $500, it’s worth the, seemingly, minimal risk. I wouldn’t expect any sizable returns.

I’m not sure that their strategy minimizes risk per se, but it seems to be becoming a popular investment choice especially for younger investors. I think it’s worth investigating further and plan to do this at some point as well.

The other one I hear about often is Acorns. Apparently, it rounds up all your purchases to the nearest dollar and invests it. I know several people who talk about it like its Crossfit.

The reason why it is popular is because there is no effort involved on the investors part, quite frankly. The thought might seem appealing but ask yourself how much do you trust so-and-so with your money and if you feel comfortable not knowing how your money is being handled. Im a control freak when it comes to finances though.

Ah, it depends. It’s impossible to be a expert at everything, you’ve gotta release the rein sometimes.

Never heard of it, but it sounds interesting.

threads like this always remind me just how terrible I am at being a grown up

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Becoming an adult, getting a job, going to college, and working hard were the biggest mistakes of my life. Sometimes I wonder if the people who get stoned every day and live on the beach with a mediocre job have the right idea.

I noticed you didn’t say spouse. In that case, you’re doing just fine. :wink:

Aside from getting stoned, I spent some time jobless and living out of a car at the lake. I hated it and wanted a job, to finish college and work. haha

At a discount to what?

Low average P/E ratio or whatever metric you prefer.

Just saw this. I would love to buy but I don’t want to take out a super long mortgage. Ideally when I have the money I would buy a duplex and live in 1 half. There are some pretty nice perks for doing that.

you are making a huge mistake. Too many benefits to RE to sit on the sidelines. The days of double digit returns in the markets are over~post 2008; unless you are a stock picking and timing obsessive freak. If you want to buy and hold and forget about it for awhile RE is the way to go. Like I said, if you are just going to say no; I dont have the money right now and not research options then it is on you. Stop thinking single track- go to bank, apply for mtge. , go in debt yada yada yada 1950 style RE buying. It’s not like that anymore. You are creating your own glass ceiling and start doing your own research. RE offers capital gains, passive income, tax breaks and so on down the line but you have to be willing to learn, put in the time…

Is anybody stock-piling “Aye Are Fif Teenz” in-case Hilary gets elected?

Guns rarely go down in value. Election years and Democrats often drive prices up.

Im looking at a few options.