(02-05-2018 06:44 PM)aTxTIGER Wrote:  

(02-05-2018 06:39 PM)Fo Shizzle Wrote:  

(02-05-2018 06:04 PM)miko33 Wrote:  

(02-05-2018 05:48 PM)Fo Shizzle Wrote:  

(02-05-2018 05:42 PM)miko33 Wrote:  I have a good 20+ years to build my 401k... Seeing the DOW drop like it has is pretty awesome. Everyone who knew anything about investing already knew that both stocks and bonds are overpriced due to the higher P/E rations and ultra low interest rates respectively. In a normal, healthy economy a 30 year mortgage should range between 6% - 8% depending on your credit rating.

These current rates are still too low for a healthy economy: https://www.wellsfargo.com/mortgage/rates/

If you are buying stock through a 401K...these plans are buying shares at the same time each month and dollar cost averaging. A down turn is actually good for the long term investor because it allows you to buy shares cheaper. That is the beauty of dollar cost averaging. Generally there are more days when the market is down..than up and so you end up buying on more down days than up days. Warren Buffett has said many times that this is the way most people should invest for retirement.

Yep, that's how I invest in the market. I don't have the time to do the day trading and timing the market is a fools errand IMHO. Sometimes you can do it but many times you will also miss out because conditions aren't "optimal". Buffet's advise is sage. I also liked Bogle's views on investing too. I'm invested with Vanguard.

Good choice...I made a lot of money in their Index 500 fund. They have the lowest fees out there. People neglect to look at fees. Over the long haul the few dollars you save in fees adds up and enhances your snowball effect. Another mistake people make is being too damn conservative. If you are outside 10 years of retirement?..You should be rolling the dice like crazy. Im not even sure that going to 5 years is a bad gamble now.

I'm 38.

I put about 65% of my investment money in a collection of 9 ETFs that range from Large Caps, Russell 2000, Emerging Markets, High dividend Yields, etc, etc etc etc

I have about 10% in a few individual stocks. Since 2015, those have been GM, Netflix, and, until 4 months ago, GE(ouch).

At least 15% is always cash with the remainder in the options market as insurance on a pull back or a volatility spike. Sometimes that is 10% sometimes that is 0%. As of 3pm, it was at 0% as I sold off my SPY short positions and /VX positions.

You are much more savvy than I was. I just stuck to mutual funds. I did not have the time or knowledge to deal with individual stocks. Sounds like you got your schit together.