Search found 142 matches

by jb1
Thu Dec 07, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8398

Re: Want to sell my Bitcoin, but when?

I sold half of mine today. Made enough to cover my original investment. Way too much new money coming in. I had 3 friends all sign up and buy today. Thats my sign to leave for a while. Nice! I missed the $19k+ run up or I might have been tempted to let some go at that point. Dropped 20% since then ...
by jb1
Thu Dec 07, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8398

Re: Want to sell my Bitcoin, but when?

I sold half of mine today. Made enough to cover my original investment. Way too much new money coming in. I had 3 friends all sign up and buy today. Thats my sign to leave for a while.
by jb1
Wed Nov 29, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10739

Re: Didn't buy Bitcoin at $4600

Lol at anyone who is/was afraid to even try crypto.

My biggest regret is not selling my whole portfolio and putting it in Bitcoin over the summer. Wouldve been sitting pretty. Instead im getting 7%..
by jb1
Tue Nov 28, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: New Vanguard IRA for my young adult kids
Replies: 2
Views: 317

Re: New Vanguard IRA for my young adult kids

With kids so young, Throw the 1k in Crypto :D
by jb1
Tue Nov 28, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 5154

Re: Inheriting a large sum, slightly intimidated.

Id retire, pick up a part time job that doesnt risk your life. -Put 1 million in a conservative portfolio living off dividends. (if put in total bond market that will be 25k a year in dividends right?) -use 500k for a rental properties -Buy a GTR for 100k -Spend 25k traveling the world for a year Re...
by jb1
Mon Nov 20, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 46
Views: 5723

Re: Holding VTSAX only

Even better go 50/50 VTSAX/VTIAX and call it a day. Add Total Bond funds when you get older. Simple.... The older I get the more I realize how I like this appraoch. I currenly have 70% VTSAX, 25% VTIAX, 5% VBTLX (only about 2k worth) but I wonder, what is even the point of keeping 2k there? Im 27 y...
by jb1
Fri Nov 17, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1289

Re: Marijuana stocks

These ventures are still illegal under US federal law, so it's very unlikely you'd find a bank that would help bring a company like this to public investors in an IPO. They have a hard enough time opening a checking account. Most of the companies in the space are funded privately, or operate in int...
by jb1
Fri Nov 17, 2017 9:34 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1289

Marijuana stocks

Hey guys, as I try to take an "educated guess" as to where the future is going, marijuana stocks seem to catch my interest. Numerous states are legalizing it and its only a matter of time before it is completely legal (which I think it should be although I dont do it). What are you thought on future...
by jb1
Fri Nov 17, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 131
Views: 11140

Re: Bitcoin

Mind is blown at the people who are 100% against bitcoin or cryptocurrency. Im 27, have a 3 fund thatll make me ~7%. Thats great. Id rather take 10k, money I can always make back and put it in cryptos (which ive done). Imagine in 10 years where its at? Had you taken that 10k at 7% in 10 years its 19...
by jb1
Fri Nov 10, 2017 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 3374

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

Im 27 and have 6k split between Bitcoin, Ethereum, and Litecoin.

Dont plan on checking again until 2022. Either I lose 6k, keep 6k or wake up and make a profit.
by jb1
Mon Nov 06, 2017 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3698

Re: Should one use REITs

Would rather own actual property. That is the "problem" with this asset class. There is no best way to invest in real estate. There are clear advantages and disadvantages to the various types of ownership. I just feel REITs are too volatile. They can drop out of nowhere and all youre left with is a...
by jb1
Sun Nov 05, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3698

Re: Should one use REITs

Would rather own actual property.
by jb1
Fri Nov 03, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Put cash into a home or stock market.
Replies: 30
Views: 3545

Re: Put cash into a home or stock market.

Your grandma is selling you her house... to her grandson.. for only 30k off and you think its a discount... What? That's 25% off. Idk just seems odd in terms of family values. My grandparents immigrated from italy, no english, little money, bought a duplex in NYC for cheap. As they got older and co...
by jb1
Fri Nov 03, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Put cash into a home or stock market.
Replies: 30
Views: 3545

Re: Put cash into a home or stock market.

Your grandma is selling you her house... to her grandson.. for only 30k off and you think its a discount... What?
by jb1
Wed Oct 25, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Should you rebalance when you’re in your seventies?
Replies: 25
Views: 2599

Re: Should you rebalance when you’re in your seventies?

"life expectancy of 10 years"

Damn man that hit me hard. Im 27 also
by jb1
Thu Oct 19, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: Thoughts on BONDS and REITS?
Replies: 13
Views: 1450

Re: Thoughts on BONDS and REITS?

Id personally rather own RE than a REIT
by jb1
Wed Oct 18, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 4669

Re: anhybody buying bitcoin

I have BTC, LTC, and ETH. about 6k spread out total. Will check again in 2022.
by jb1
Fri Oct 13, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Diversify IRAS?
Replies: 3
Views: 193

Diversify IRAS?

Hey all, currently have a Roth IRA through Vanguard that told TR 2060 with around 19k in it. My job recently implemented a SIMPLE Ira. I'm going to put $200 a month in and employer will match 100% of it. Currently i have my holding in their form of TR 2060, so essentially the same as my Vanguard Rot...
by jb1
Fri Oct 13, 2017 6:48 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 116
Views: 18863

Re: Bitcoin: What is it, in Plain English

Imagine if someone bought $100 worth when this thread started
by jb1
Thu Oct 12, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1784

Re: $5.5K to invest - best strategy

If you have $5.5K to invest at the end of the year (ie. nowish), would you throw it into a Roth IRA or buy 1 Bitcoin and 1 Etherium? I signed up for Coinbase, linked my bank account, verified ID etc. but so far chickened out to buy any cryptocurrency. I probably wouldn't notice either way, as I hav...
by jb1
Thu Oct 12, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1784

Re: $5.5K to invest - best strategy

If you have $5.5K to invest at the end of the year (ie. nowish), would you throw it into a Roth IRA or buy 1 Bitcoin and 1 Etherium? I signed up for Coinbase, linked my bank account, verified ID etc. but so far chickened out to buy any cryptocurrency. I probably wouldn't notice either way, as I hav...
by jb1
Sun Oct 01, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: REIT Magazine
Replies: 20
Views: 3000

Re: REIT Magazine

Im the same way, would definitely rather own actual property.
by jb1
Thu Sep 28, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA through my work
Replies: 13
Views: 465

Re: Simple IRA through my work

If I can roll it to my Roth IRA that would be great You can not rollover to a Roth IRA or any other account prior to 2 years from first contribution. Any withdrawals before then will be subject to a 25% early withdrawal penalty and not be eligible for rollover. What if I leave the company in 6 mont...
by jb1
Thu Sep 28, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA through my work
Replies: 13
Views: 465

Re: Simple IRA through my work

Perhaps its just better to leave what I have now in my Roth/3 fund and not even worrying about the Simple IRA.
by jb1
Thu Sep 28, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA through my work
Replies: 13
Views: 465

Re: Simple IRA through my work

If the plan was set up using a form 5305, you are required to use the financial institution they provided. If it's a 5304, you can choose your own institution. I ran into a similar thing at my workplace and did all of the paperwork to set up a SIMPLE for myself with Vanguard, at no cost to the empl...
by jb1
Thu Sep 28, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA through my work
Replies: 13
Views: 465

Re: Simple IRA through my work

Here...I found the post mentioning that rollover. It looks like you can roll it over after 2 years from your first post...and I think you can continue to roll it over. https://www.bogleheads.org/forum/viewtopic.php?t=131458 It depends on how close you are to the business owner...as to whether you c...
by jb1
Thu Sep 28, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA through my work
Replies: 13
Views: 465

Simple IRA through my work

Hey all My job recently implemented a Simple IRA for us. Now I think the idea is great, they match up to 100% (3% of annual salary, so for me thats about 1200 theyd match). Im looking at the funds and the ER is incredibly high. The lowest ER is .58 for a Money Market Bond Fund and going as high as 4...
by jb1
Wed Sep 27, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

Earl Lemongrab wrote:
Wed Sep 27, 2017 4:52 pm
Perhaps I don't fully understand your proposal, but it sounds to me like it's a derivative of an existing product. Would that even be able to be patented?
Thats what Im saying, basically I want to take the notebook that Rite in Rain has and make them sport specific.
by jb1
Wed Sep 27, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

1) What does customizing the design mean? Are these functional elements being added or just the look (i.e., cover design)? Does it change how a user would interact with it? 2) Could you get a meeting to discuss your ideas with the company under a non-disclosure agreement? If they are willing to sig...
by jb1
Wed Sep 27, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

I tend to think most ideas are bad until proven good, so we should find the cheapest and fastest ways to prove an idea is bad before investing more time and effort. I this case it's probably easier and cheaper to test the notebook concept than to get a patent. You could probably rip up some Rite in...
by jb1
Wed Sep 27, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

I tend to think most ideas are bad until proven good, so we should find the cheapest and fastest ways to prove an idea is bad before investing more time and effort. I this case it's probably easier and cheaper to test the notebook concept than to get a patent. You could probably rip up some Rite in...
by jb1
Wed Sep 27, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

Ugh thank you all for the responses. 10-40k for a patent is just way too out of my league. In fact, its ridiculous.
by jb1
Wed Sep 27, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

investor4life wrote:
Wed Sep 27, 2017 11:33 am
George Foreman swears by inventhelp.com.
haha such bs
by jb1
Wed Sep 27, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

This is where I am confused, ok so we talk to an attorney, what exactly are we protecting if we dont have a prototype? You're protecting the unique idea that you have that no one else has. You probably already have a prototype if you've been customizing notebooks to fit your coaching needs. The key...
by jb1
Wed Sep 27, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

Re: I have an idea I want to bring to market

Sounds like if you want to actually make money instead of them just taking your idea as "customer feedback" then you'll want a patent. We coach outside and believe this would solve problems for fellow coaches, so essentially yes make money :p. But first solve the problem that is present. Start by t...
by jb1
Wed Sep 27, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: I have an idea I want to bring to market
Replies: 30
Views: 1863

I have an idea I want to bring to market

Hey guys, This is mainly an advice topic, as I am 100% confused of the process. My friend and I are looking to bring a customized notebook to market. We have a "design" that we poorly drew out. Now, how the heck do we get started on this? There is a company called "Rite in the Rain" that we would ev...
by jb1
Mon Sep 25, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 8
Views: 462

Re: Roth IRA question

ruralavalon wrote:
Mon Sep 25, 2017 10:43 am
What is your tax bracket, both federal and state?

What funds do you have in your taxable account, in what amounts?
I unfortunately make peanuts. 15% tax bracket. I make about 40k a year, just have been really good at saving

In my lazy 3 I have

VTSAX (TSM): 24k
VTIAX (TISM): 9k
VBMFX (TBM): 2k
by jb1
Mon Sep 25, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 8
Views: 462

Re: Roth IRA question

I guess just something to in place of the REIT. No real reason in particular Why not just sell the REIT and put it in the target fund, then, if there is no reason for it? You pay extra expenses for a target retirement fund vs. holding the individual components separately but there is no effort invo...
by jb1
Mon Sep 25, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 8
Views: 462

Re: Roth IRA question

Here's what your target retirement fund holds: 1 Vanguard Total Stock Market Index Fund Investor Shares 54.2% 2 Vanguard Total International Stock Index Fund Investor Shares 35.9% 3 Vanguard Total Bond Market II Index Fund Investor Shares† 7.0% 4 Vanguard Total International Bond Index Fund Investo...
by jb1
Mon Sep 25, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 8
Views: 462

Roth IRA question

Hey All Currently in my Roth I have Target Retirement 2060 (8k in it about) as well as VGSIX REIT (8k in it). I made a thread the other day questioning if a REIT was really worth it as it seems to be super volatile. I always wanted to get the S&P index fund (VFINX) since of course its great to track...
by jb1
Sat Sep 23, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Why use a REIT over a rental property?
Replies: 18
Views: 1315

Re: Why use a REIT over a rental property?

livesoft wrote:
Sat Sep 23, 2017 11:41 am
jb1 wrote:
Sat Sep 23, 2017 11:37 am
Why would REIT not be buy and hold?
Because
Its extremely volatile, one housing bubble and can drop 50-75%. All for a 4% dividend? I have 8k in it.
haha touche
by jb1
Sat Sep 23, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Why use a REIT over a rental property?
Replies: 18
Views: 1315

Re: Why use a REIT over a rental property?

1. REIT fund does not require me to be a landlord. 2. It is trivial to notice that REIT fund has dropped and needs rebalancing. 3. It is trivial to notice that REIT fund has gone way up and needs rebalancing. 4. It is trivial to then do that rebalancing. If you are buy-and-hold, then a REIT fund is...
by jb1
Sat Sep 23, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Why use a REIT over a rental property?
Replies: 18
Views: 1315

Re: Why use a REIT over a rental property?

1. REIT is less work. Do you want to deal with finding property? Managing tenants? Middle of the night phone calls? 2. I don't know where you live, but I am not aware of any place where you can invest 8K and get 800-1000. Usually for investment property you have to put 25% down. Can you buy a prope...
by jb1
Sat Sep 23, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5655

Re: $3.6 million at age 25 - need investment advice

Hoping to make it with ethereum bitcoin and litecoin. Will check back in 5 years.
by jb1
Sat Sep 23, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Why use a REIT over a rental property?
Replies: 18
Views: 1315

Why use a REIT over a rental property?

Been thinking about this for a while. I have VGSIX in my Roth IRA, but what is the purpose of it? Its extremely volatile, one housing bubble and can drop 50-75%. All for a 4% dividend? I have 8k in it. Rental properties on the other hand require a downpayment. (Can use 8k from VGSIX) and can bring m...
by jb1
Fri Aug 25, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 262
Views: 35332

Re: What is Bitcoin?

Just bought $600 worth of bitcoin. Plan on buying $1k a month.

Risk vs reward. I need to make it big.
by jb1
Sat Aug 12, 2017 10:44 am
Forum: Investing - Theory, News & General
Topic: Redfin
Replies: 17
Views: 2090

Re: Redfin

dreamjob9 wrote:
Fri Aug 11, 2017 11:02 am
Full disclosure, I bought Redfins IPO as the first individual stock I have bought in 7.5 years.

Would others kindly please share their thoughts on Redfins business model, forecast and the idea of having RDFN as part of a portfolio?

Thanks!
how much did you buy also?
by jb1
Sat Aug 12, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Redfin
Replies: 17
Views: 2090

Re: Redfin

Can anyone in their own words explain what redfin really is? What it will replace?
by jb1
Thu Aug 10, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: When does the trade go through at vanguard?
Replies: 4
Views: 481

Re: When does the trade go through at vanguard?

For mutual funds.

For example say I buy now at 7 est, would I get todays price? or tomorrow price?
by jb1
Thu Aug 10, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: When does the trade go through at vanguard?
Replies: 4
Views: 481

When does the trade go through at vanguard?

Hey guys

If I put in to buy TSM between the hours of 9:30-4, does that mean my order will be complete and take the price at the end of the day? Or, will I get the next days price?

What if I trade before or after hours? What price do I get?