irvinehomeowner
Well-known member
Yeah... but if your company contributes... you can't turn down that free money into your 401k.USCTrojanCPA said:
rental value of a 3/2.5 detached 1700 sq ft. condo portola
- Thread starter villiagepeople
- Start date
NEW -> Contingent Buyer Assistance Program
It's not a tangent. You tried to randomly call me out for by saying the specific stocks I posted about would make you a loser over a "5 month span", or what most investors would call an "ultra short term" hold. That's a big way to lose money in ANY investment (stocks, housing, etc). Basically you painted it like it was a smoking gun about how your original premise about parking your cash in a savings account was a better move than conservative blue chip, performing, stocks. But see, not every investor is a moron like you, and would never try to build wealth based on ultra short term holds. That's called gambling.
Over the past 20 years of tracking the S&P, if an investor held for at least ONE year, on AVERAGE, they would have gained 8.4%. If you hold longer, your losses and spikes start to smooth out. People who held in the S&P 500 over the past 20 years, on average, ONLY gained.
Let's examine my stocks I mentioned (randomly I might add) from my conservative portfolio. These were picks from my adviser, a professional who knows what he's doing, not some schmuck fund manager who is trying to build his Malibu dream house on fees. I'll even go back exactly 2 years from the original date I posted about them (even though they were purchased at better buy times):
ALRP-
February 11, 2009: 31.80
Today's Price: 71.34
Big winner. 124% Gain.
Altria-
February 11, 2009: 19.63
Today's Price: 25.70
31% Gain.
BMY-
February 11, 2009: 23.91
Today's Price: 27.85
16% Gain.
VZ-
February 11, 2009: 28.93
Today's Price: 35.07
21% Gain.
That's an average GAIN of 48% on just four RANDOM conservative picks, and in the wake of some pretty major downward movement recently. You want to compare Portola Springs gains over that same two year period? Get the heck out of here. You're a certified idiot. At least NonFCB was inherently a "genius", but you could have simply done a bit of research to try and hide the fact you don't know what the heck you're talking about.
you call me a moron? you said you have a 200% gain... but the proof you gave above is 48%... i guess you can't really do math... go back to school...http://www.ivc.edu/math/pages/BasicMathModules.aspx...and if you'd held spy since feb. 13 (11 was a sat.) 2009... you'd be up 53% !!! LOL
What are you talking about? Is that you NonFCB? You even type awkwardly and disjointedly like he tends to do too.
Did I say that I only had 4 stocks in my entire portfolio? Is that your new angle now on trying to prove that your "bank account investment" plan is better than the investment portfolio I've built with the help of a professional financial adviser?
You're trolling is weak, so very weak.
damn.. that was typo... i started to call you and asshole but i decided not to... went and grabbed the link so you can sign up for classes and forgot to fix it... i guess i should have kept it like that.. i didn't know you sit around waiting for responses, i guess you have no life... sure i wasn't born here and my english isn't very good... but at least i don't go around the internet like i'm some sort of professor...
i didn't say you only had 4 stocks.. you made it seem like it's so easy to beat the market... and i'm so dumb for not listening... shut the front door... from now on please don't reply to any of my questions or posts... if i wanted stupid commentary i'll turn on fox news.
usctrojancpa
Well-known member
Of course you can't turn down a company 401k match, but regardless most all 401k plans have horrible mutual fund investment options. It'd be nice if companies would allow their employees to set up their own 401k/IRA account and be able to buy and sell whatever they wanted. If you moved jobs, rollover your 401k into an IRA where you can buy whatever you want.irvinehomeowner said:
IndieDev
New member
villagepeople said:
It's not a tangent. You tried to randomly call me out for by saying the specific stocks I posted about would make you a loser over a "5 month span", or what most investors would call an "ultra short term" hold. That's a big way to lose money in ANY investment (stocks, housing, etc). Basically you painted it like it was a smoking gun about how your original premise about parking your cash in a savings account was a better move than conservative blue chip, performing, stocks. But see, not every investor is a moron like you, and would never try to build wealth based on ultra short term holds. That's called gambling.
Over the past 20 years of tracking the S&P, if an investor held for at least ONE year, on AVERAGE, they would have gained 8.4%. If you hold longer, your losses and spikes start to smooth out. People who held in the S&P 500 over the past 20 years, on average, ONLY gained.
Let's examine my stocks I mentioned (randomly I might add) from my conservative portfolio. These were picks from my adviser, a professional who knows what he's doing, not some schmuck fund manager who is trying to build his Malibu dream house on fees. I'll even go back exactly 2 years from the original date I posted about them (even though they were purchased at better buy times):
ALRP-
February 11, 2009: 31.80
Today's Price: 71.34
Big winner. 124% Gain.
Altria-
February 11, 2009: 19.63
Today's Price: 25.70
31% Gain.
BMY-
February 11, 2009: 23.91
Today's Price: 27.85
16% Gain.
VZ-
February 11, 2009: 28.93
Today's Price: 35.07
21% Gain.
That's an average GAIN of 48% on just four RANDOM conservative picks, and in the wake of some pretty major downward movement recently. You want to compare Portola Springs gains over that same two year period? Get the heck out of here. You're a certified idiot. At least NonFCB was inherently a "genius", but you could have simply done a bit of research to try and hide the fact you don't know what the heck you're talking about.
villiagepeople
New member
IndieDev said:
you call me a moron? you said you have a 200% gain... but the proof you gave above is 48%... i guess you can't really do math... go back to school...http://www.ivc.edu/math/pages/BasicMathModules.aspx...and if you'd held spy since feb. 13 (11 was a sat.) 2009... you'd be up 53% !!! LOL
IndieDev
New member
villagepeople said:
What are you talking about? Is that you NonFCB? You even type awkwardly and disjointedly like he tends to do too.
Did I say that I only had 4 stocks in my entire portfolio? Is that your new angle now on trying to prove that your "bank account investment" plan is better than the investment portfolio I've built with the help of a professional financial adviser?
You're trolling is weak, so very weak.
villiagepeople
New member
IndieDev said:
damn.. that was typo... i started to call you and asshole but i decided not to... went and grabbed the link so you can sign up for classes and forgot to fix it... i guess i should have kept it like that.. i didn't know you sit around waiting for responses, i guess you have no life... sure i wasn't born here and my english isn't very good... but at least i don't go around the internet like i'm some sort of professor...
villiagepeople
New member
IndieDev said:
i didn't say you only had 4 stocks.. you made it seem like it's so easy to beat the market... and i'm so dumb for not listening... shut the front door... from now on please don't reply to any of my questions or posts... if i wanted stupid commentary i'll turn on fox news.