[serious]ask me about personal finance - Page 3

Litodude · 11-6-2013, 11:11 PM

Quote:

Originally Posted by Reincarnate

To those that invest in 401k's / Roth IRA's, what are your fund choices and why?

I use Vanguard: VFINX. It almost perfectly replicates the S&P500. My other, VTIVX: Target retirement date date 2045; actively moves my money from high risk to low risk. Current returns YTD, 26.22% and 20.27%, respectively. Both have low expenses of .17% and 18%, respectively. Edit- The funds in VFINX was actually in another fund, an REIT, as I was hopeful to get massive returns as the housing market picks up. But that hasn't been the case (it would have only been 6% YTD) so I moved my money earlier this year.

13.8% gain overall, starting from last year.

Quote:

Originally Posted by ffr212

What is the highest rate of interest growth I can milk out of my bank? I currently have an extremely low APY in my savings and want more because I'm greedy as fuck.

Depends on your bank. Probably like 1% assuming you have 125k or something. Rates are low. Move your liquid into something else. Make your money make money.

Izzy · 11-7-2013, 12:40 AM

Quote:

Originally Posted by Litodude

eat, pay bills

Thanks, I knew I could count on you. So I bought two monitors for 180 each and now I'm broke.

Litodude · 11-7-2013, 04:27 AM

priorities

Izzy · 11-7-2013, 09:15 AM

Yea, if I didn't have zero living expenses other than food / gas it would be a different story. I think I can hold out until the 15th when I'll get a paycheck for $1100. Replacing these 10 year old monitors, one of which was broken, was probably the most pressing issue at the moment.

**Reincarnate** · 11-7-2013, 09:52 AM

Quote:

Originally Posted by Litodude

I use Vanguard: VFINX. It almost perfectly replicates the S&P500. My other, VTIVX: Target retirement date date 2045; actively moves my money from high risk to low risk. Current returns YTD, 26.22% and 20.27%, respectively. Both have low expenses of .17% and 18%, respectively. Edit- The funds in VFINX was actually in another fund, an REIT, as I was hopeful to get massive returns as the housing market picks up. But that hasn't been the case (it would have only been 6% YTD) so I moved my money earlier this year.

I use VFIFX myself (2050 fund), expense ratio 0.18%.

VFINX looks pretty neat -- I'm a big fan of low expense ratios.

**kommisar** · 11-7-2013, 10:27 AM

you still haven't answered my question fagget

Litodude · 11-7-2013, 04:15 PM

Quote:

Originally Posted by kommisar

if I had any serious questions to ask you about finances, how much money do I need to get started in stock market trade?

This one? You can start anytime, but there's incentives to start with at least 2-5k (free trades, etc.)

**Razor** · 11-7-2013, 04:35 PM

so lito, how can i turn $1 into $1,000,000

Litodude · 11-7-2013, 04:37 PM

sell meth

**Reincarnate** · 11-7-2013, 04:50 PM

Quote:

Originally Posted by Razor

so lito, how can i turn $1 into $1,000,000

add ,000,000

Litodude · 11-8-2013, 06:04 AM

twitter lol

Zapmeister · 11-8-2013, 11:37 AM

i'm a completely naive 20 year old maths geek with zero experience in business or anything and i like the concept of bitcoins for absolutely no reason except that the name sounds cool. should i get one now or wait for them to crash. i'm regretting not getting into them when i heard about them last week and they were at like 130 quid, now they're like 210

Litodude · 11-8-2013, 12:55 PM

Litodude · 11-8-2013, 12:57 PM

Buy a ps4 or a new pc, it's a better investment (serious). Unless you're mining or buying 10k worth of BTC, it's not worth it. Esp when it just literally barely hot all time highs

Dem subprime car loans tho

Litodude · 11-18-2013, 04:03 PM

http://preev.com/

apparently, i fuckin blinked

**Kekeb** · 11-18-2013, 04:13 PM

I remember when my buddy bought a few mobos and graphics cards and I thought he was nuts. It's all about the ASICs now, though.

Izzy · 11-18-2013, 04:19 PM

I kind of feel like building a mining rig. I wonder what the most cost effective parts would be.

Litodude · 11-18-2013, 04:23 PM

i'm so salty right now with these btc prices lol

i can't wait until a gov't entity buy's everything and crashes it i would be so happy cuz i ddin't get into it hahahaha

Izzy · 11-18-2013, 04:26 PM

Quote:

Originally Posted by Litodude

i'm so salty right now with these btc prices lol

i can't wait until a gov't entity buy's everything and crashes it i would be so happy cuz i ddin't get into it hahahaha

But you could say that about any kind of investment that you weren't able to take advantage of.

Litodude · 11-18-2013, 04:28 PM

not something as ez as forex

11-7-2013, 09:15 AM	#44
Izzy Snek Join Date: Jan 2003 Location: Kansas Age: 34 Posts: 9,192	Re: [serious]ask me about personal finance Yea, if I didn't have zero living expenses other than food / gas it would be a different story. I think I can hold out until the 15th when I'll get a paycheck for $1100. Replacing these 10 year old monitors, one of which was broken, was probably the most pressing issue at the moment.

11-7-2013, 10:27 AM	#46
kommisar Dark Chancellor Join Date: Jun 2005 Location: Moncton, NB Age: 33 Posts: 7,301	Re: [serious]ask me about personal finance you still haven't answered my question fagget __________________

11-8-2013, 11:37 AM	#52
Zapmeister FFR Player Join Date: Sep 2012 Location: England Posts: 466	Re: [serious]ask me about personal finance i'm a completely naive 20 year old maths geek with zero experience in business or anything and i like the concept of bitcoins for absolutely no reason except that the name sounds cool. should i get one now or wait for them to crash. i'm regretting not getting into them when i heard about them last week and they were at like 130 quid, now they're like 210 __________________ Theorem: If you have a large enough number of monkeys, and a large enough number of computer keyboards, one of them will sight-read AAA death piano on stealth. And the ffr community will forever worship it. Proof Example ask me anything here mashed FCs: 329 r1: 5 r2: 4 r3: 6 r4: 8 r5: 3 r6: 5 r7: 15 final position: 4th

11-18-2013, 04:13 PM	#56
Kekeb davai Join Date: Dec 2006 Age: 33 Posts: 2,765	Re: [serious]ask me about personal finance I remember when my buddy bought a few mobos and graphics cards and I thought he was nuts. It's all about the ASICs now, though.

11-18-2013, 04:19 PM	#57
Izzy Snek Join Date: Jan 2003 Location: Kansas Age: 34 Posts: 9,192	Re: [serious]ask me about personal finance I kind of feel like building a mining rig. I wonder what the most cost effective parts would be.

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