I have some extra money in my etrade account, and I was thinking about buying oil shares.
I know ETF like USO don't track oil prices, so are there any other ETF that do closely track oil? Or is the only way to do it like that is to buy oil futures?
Search found 21 matches
- Thu Oct 23, 2014 1:52 am
- Forum: Investing - Theory, News & General
- Topic: How to buy oil in the stock market?
- Replies: 32
- Views: 4290
- Mon Jun 24, 2013 4:58 pm
- Forum: Personal Investments
- Topic: GNMA and Windsor II
- Replies: 2
- Views: 516
GNMA and Windsor II
Hello...I'm looking for some advice regarding my IRA. I recently (in the past year or two) began investing. Right now I have vanguard star fund, and vanguard lifestrategy growth fund and they are in a IRA.
I was talking to a friend of a friend about investing. He recommended I check out vanguard GNMA, and windsor II funds. GNMA seems to be a safe investment while providing small returns, and windsor II I'm not sure about but seems like a good fund.
Would you recommend adding GNMA and/or windsor II to my IRA?
I was talking to a friend of a friend about investing. He recommended I check out vanguard GNMA, and windsor II funds. GNMA seems to be a safe investment while providing small returns, and windsor II I'm not sure about but seems like a good fund.
Would you recommend adding GNMA and/or windsor II to my IRA?
- Wed Jan 11, 2012 4:43 am
- Forum: Personal Investments
- Topic: What's wrong with this idea?
- Replies: 46
- Views: 3847
Re: What's wrong with this idea?
Momar, good point about the stock charts you put up. Never thought about it that way. Bearwolf, I am following you what you are saying, and no one knows what will happen, but would you rather invest in a stock that steadily goes up for 5 years, or one that is all over the place? investor.saver, you I sound like you, doing all of those things haha. See below. skilv, that is a good point that another brought up before, putting 80% in more diverse portfolio, and 20% in my own little sector. I might end up doing just that. I looked at the charts for more Vanguard funds. For the 5 year charts, most of the Vanguard funds I looked at were either close to the same starting and ending price for the entire 5 years, or the ending price was below the s...
- Tue Jan 10, 2012 9:16 pm
- Forum: Personal Investments
- Topic: What's wrong with this idea?
- Replies: 46
- Views: 3847
Re: Wrong with this idea?
I have read Bogle's book, and I know the advice that is given everyday on the forum. Saying that, it makes more sense to me to invest in fewer companies that are most likely going to continue to do well in the future, rather than 900 companies of which 100 of them could easily fail in the next 10 years, and 400 of them could perform very poorly, with the rest staying neutral. Yes, I know I said one year in my first post. It just seems more logical to pick the stocks and buy, rather than the whole market. Here is where I am coming from. 1. Looking at a stock, lets say MCD. Their stock just went up for the most part, in the past 5 years. 2. Looking at VTSMX. That went up, then down, then waaaaaay down, then up, then down, in the past 5 years....
- Tue Jan 10, 2012 7:58 pm
- Forum: Personal Investments
- Topic: What's wrong with this idea?
- Replies: 46
- Views: 3847
What's wrong with this idea?
I had an idea to put together about 6-7 stocks (4-5 include dividends) and just watch them over the year to see what happens. Im still new to investing but I am thinking this coudnt be a bad idea. In other words, kind of like making my own "fund" with these stocks in it, aiming to preserve wealth and attempt to make money. Note that I currently have no other investments.
For instance the stocks I am looking to buy and hold are McDonalds, Verizon, Coke-cola, Walmart, ATT, Chase, Proctor Gamble, etc.
What are the flaws of doing this?
For instance the stocks I am looking to buy and hold are McDonalds, Verizon, Coke-cola, Walmart, ATT, Chase, Proctor Gamble, etc.
What are the flaws of doing this?
- Tue May 03, 2011 12:49 am
- Forum: Personal Finance (Not Investing)
- Topic: Those with finance degrees...
- Replies: 41
- Views: 6900
Wow, thank you all for your replies! Much appreciated. A lot of good advice, but it makes me realize that I need to "get off my butt" and start doing something extra.
Im having trouble meeting people, and that is my personal problem. Im just not good at making connections, especially with people in NY where Id like to move after college.
I have to get on the ball right now.
Im having trouble meeting people, and that is my personal problem. Im just not good at making connections, especially with people in NY where Id like to move after college.
I have to get on the ball right now.
- Sun May 01, 2011 11:37 pm
- Forum: Personal Finance (Not Investing)
- Topic: Those with finance degrees...
- Replies: 41
- Views: 6900
Those with finance degrees...
What do you do for a living?
Im currently on my way towards a finance degree, and I have no idea what Im going to do afterward. I have a plan to move to New York to get a job after school, but I don't know if I will be successful in getting a good job there.
Im currently on my way towards a finance degree, and I have no idea what Im going to do afterward. I have a plan to move to New York to get a job after school, but I don't know if I will be successful in getting a good job there.
- Tue Apr 26, 2011 12:55 am
- Forum: Personal Investments
- Topic: Am I reading this correctly?
- Replies: 11
- Views: 1811
You are reading this correctly, but it doesn't tell the whole story. VFINX lost 37% of its value in 2008. That's right, it went down 37% in 2008. That's something your checking account didn't do either. Wow...that is just crazy. I cant see investing in something that could lose close to half of its value in a year. Did you somehow miss the 2008-2009 stock market crash that erased 50% of the value of the S&P 500? Im guessing you are talking about the whole lending/housing bubble bursting? If so, I actually had $0 invested in the market at that time, and no I did not realize that the S&P lost 50%. I do remember hearing about people losing most of their savings and a lot of sad stories. I wasnt really into investing much at all then, ...
- Tue Apr 26, 2011 12:21 am
- Forum: Personal Investments
- Topic: Am I reading this correctly?
- Replies: 11
- Views: 1811
Am I reading this correctly?
Im new at this stuff, but I was looking at the performance of some of vanguards funds a friend of mine said to look at. This link (http://finance.yahoo.com/q/pm?s=VFINX+Performance) has VFINX at a 2.54% avg 5 yr return. So, that is essentially 2.54% earned as an average, every year for 5 years on your money in the fund, correct?
If so, that seems pretty low IMO, I earn more in my checking account, unless I am mistaken.
If so, that seems pretty low IMO, I earn more in my checking account, unless I am mistaken.
- Wed Oct 20, 2010 3:47 pm
- Forum: Personal Investments
- Topic: Beginning investor advice
- Replies: 17
- Views: 1550
Thank you for your replies!
BTW, I am 23, no debt, and single.
I dont have an IRA, but I plan on waiting to fund an IRA when I gain employment with a company that will at least match what I put in, to make it more efficient.
Also, I plan on reading a book or two on investing, when this semester is over.
BTW, I am 23, no debt, and single.
I dont have an IRA, but I plan on waiting to fund an IRA when I gain employment with a company that will at least match what I put in, to make it more efficient.
Also, I plan on reading a book or two on investing, when this semester is over.
- Wed Oct 20, 2010 1:22 pm
- Forum: Personal Investments
- Topic: Beginning investor advice
- Replies: 17
- Views: 1550
Beginning investor advice
I have been reading about investing for a while, and I was saving enough money to open a vanguard account. Currently I have no investments. I have roughly 12,000 to start investing. My plan right now is to: -Open vanguard account, and put 3,000 in VTSMX -Put 3,000 in a CD @2% -Open a reward checking account @4% and put 4,000 My plan after that is to continuously add money to VTSMX and RCA, until I need it. I have no other goal right now, other than preserving the purchasing power of my money, while trying to passively obtain more money. I have no plans to buy a house (yet) or any major purchases for a good while. Also, I chose the CD and RCA because they are safe investments-I still am trying to be comfortable with the possibility of losing...
- Thu Oct 14, 2010 5:05 pm
- Forum: Personal Finance (Not Investing)
- Topic: Persuing Finance degree, somewhat unsure of future
- Replies: 26
- Views: 4471
As a 26 year old with a freshly minted MBA in Finance, here are my $0.02. My undergrad degree was in MIS. Boom, lots of opportunities (hint: due to technical skill set from degree). Took one in the town I wanted to stay in making OK money, no big deal. The job was more technical than I was really wanting, but I learned a lot. I gradually became bored, liked the Boglehead stuff and messing with my 401(k), so I went back to get an MBA in Finance. Thanks for the replies. Im pretty much lost. Im really unsure of what I want to do. I would LOVE to be a CEO of a company that I like. I just dont know how to get there, and im sure you need a ton of connections to get to that point. I also love computers, but Im not a programmer. The last thing I w...
- Tue Oct 12, 2010 5:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: Persuing Finance degree, somewhat unsure of future
- Replies: 26
- Views: 4471
I just graduated with a finance degree in December. I'm working at a retail store as a sales associate(yuck). Its really difficult for finance majors right now mainly because there is alot of competition and employers aren't willing to take any risk with new grads that don't have much experience. If you want to improve your success here is what I would reccomend. -make good grades.....I slacked off for 2 years playing baseball and it definately has hindered my opportunities, even with a 3.7 within my major. -Work......Volunteer or intern anywhere you can. Any kind of experience is going to help you alot. If employeers see that you dont have any work experience they will usually overlook you for someone who does. -Resume.....spend alot of t...
- Tue Oct 12, 2010 4:00 pm
- Forum: Personal Finance (Not Investing)
- Topic: Persuing Finance degree, somewhat unsure of future
- Replies: 26
- Views: 4471
Thanks for the advice. I still gotta think about everything, but right now the military does sound like a good deal...especially going in as an officer.
racy-I am interested in economics and was thinking about maybe changing my major to economics, but it seems like there are a lot more opportunities with a finance degree.
racy-I am interested in economics and was thinking about maybe changing my major to economics, but it seems like there are a lot more opportunities with a finance degree.
- Mon Oct 11, 2010 8:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: Persuing Finance degree, somewhat unsure of future
- Replies: 26
- Views: 4471
Persuing Finance degree, somewhat unsure of future
Im a sophomore in college and Im thinking about my future. Im beginning to realize that a degree wont really do squat for me. For instance, my ex has a degree in education, yet is forced to be a sub for different schools because no schools are hiring. My friend graduated with a degree in accounting...he finally (after a few hourly accounting jobs) got a job as an auditor, and makes $32,000 a year. I can be a police officer for a $50,000 a year. Sure, I might have the potential to make a lot of money with a finance degree, but I also have the potential to make nothing. Im not basing everything on these examples, but Im starting to see that busting my ass in college wont do much for me, except give me a piece of paper, with "credentials&...
- Thu Jul 22, 2010 8:49 am
- Forum: Personal Investments
- Topic: Advice for CD and checking account plan
- Replies: 10
- Views: 2369
grok87, thanks for the link, it was a good read!
cubedbee, how long have you had your rewards checking? Have you had any issues with the monthly requirements? Also, how did you fund the account, if its out of your area? I guess I could just send a check to the rewards checking, and then from the rewards checking to my local bank if needed.
Why arent more people using reward checking? It seems like a great deal to have liquid money at a interest higher than most CDs.
cubedbee, how long have you had your rewards checking? Have you had any issues with the monthly requirements? Also, how did you fund the account, if its out of your area? I guess I could just send a check to the rewards checking, and then from the rewards checking to my local bank if needed.
Why arent more people using reward checking? It seems like a great deal to have liquid money at a interest higher than most CDs.
- Wed Jul 21, 2010 3:31 pm
- Forum: Personal Investments
- Topic: Advice for CD and checking account plan
- Replies: 10
- Views: 2369
Thanks for the reply...I didnt know I could just mail a check between banks...whats the point of a wire then?
Anyways, what do you think about the "strategy" of using laddered CDs and high interest checking accounts?
Should I throw it all in the high interest checking? Or should I split between them like I was going to? Or all in CDs?
Anyways, what do you think about the "strategy" of using laddered CDs and high interest checking accounts?
Should I throw it all in the high interest checking? Or should I split between them like I was going to? Or all in CDs?
- Wed Jul 21, 2010 11:10 am
- Forum: Personal Investments
- Topic: Advice for CD and checking account plan
- Replies: 10
- Views: 2369
Advice for CD and checking account plan
Hey guys...I have been reading as much as I can about investing, and I have decided that Im not ready for stocks right yet. I just dont want money sitting around for no reason, and my economics professor scared me about inflation, so I figured I need to do something. I came up with a plan of putting about 20k in a high interest checking account (4% APY) with a bank in my state, and the other 20k in a CD ladder. The requirements of the checking is 12 card transactions, e-statements, and one direct deposit a month. The 12 card transactions are no problem, I usually have around 20 a month. The only thing I dont know about is how to fund these accounts (out of state CD and out of area checking)? Is a wire my only option? What do you guys think?...
- Fri Jul 16, 2010 11:55 am
- Forum: Personal Investments
- Topic: Should I still put money in Vanguard?
- Replies: 9
- Views: 2306
- Fri Jul 16, 2010 8:27 am
- Forum: Personal Investments
- Topic: Should I still put money in Vanguard?
- Replies: 9
- Views: 2306
Should I still put money in Vanguard?
Hey guys...I saved up enough money to open a Vanguard account, and I was going to put it in the Vanguard Total Stock Market Index, but Im not sure if I still should. I have around $40K sitting around in cash, and I dont want to keep it sitting here...I feel like it could be making money instead of losing purchasing power from inflation. Im 23, full time student, no debt currently. I really dont have any goals for the money. I do plan on investing in real estate when Im done with my degree (1.5-2 yrs) so that could be one goal...but I know Id rather play it safe than sorry. I hate losing money more than anyone LOL. I was looking at CD rates and high interest savings, and they are both pretty low still. What would you guys do in this situation?
- Tue Apr 20, 2010 5:19 pm
- Forum: Personal Investments
- Topic: Help with setting up Vanguard index funds
- Replies: 6
- Views: 1866
Help with setting up Vanguard index funds
Hello! I recently set up a Vanguard investment account, but I did not send any money just yet. My plan was to invest in some index funds with Vanguard. Here is some of my information: Background - Single, 23yr old student with two jobs. No investments at all, other than about $1,000 in silver coins. Emergency funds - around $3,500 Debt: $1,800 in school loans which I am almost done paying for, and no other debt Which index funds do I go for? There are so many different options that Vanguard has, but what I wanted was to keep throwing money into the account, and not have to monitor the account daily, or worry about paying some guy to make changes to my account, which I believe is the reason I want to buy index funds. Thanks for your time, an...