Search found 15 matches

by Bankroll
Thu Mar 26, 2020 1:05 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 77343

Re: So bottom is probably behind us....right?

watchnerd wrote: Thu Mar 26, 2020 12:37 pm Is this your first big bear?

The bear doesn't always eat you all at once.

It sometimes plays with you, making you think you can escape....lures people back into the market...then mauls them again.

Best response to this thread.
by Bankroll
Sun Mar 01, 2020 11:21 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 397269

Re: Coronavirus and the market

I was checking "MarketWatch", and saw this headline from the AP Asia:

Nikkei rebounds, while indexes in mainland China surge.

Hope the US follows, tomorrow.
by Bankroll
Sat Feb 29, 2020 2:41 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 23759

Re: who is worried and feels like selling stocks?

I am responsible for my brothers trust. Almost all of his funds are invested in Russell mutuals, through Key Investment Services. The Expense ratios are very high, at 1.28%. I'm thinking of closing out, and getting his money back in the bank, even at a loss. Then when the markets return, re-invest with Vanguard, using a their advisors. Bad idea? Any thoughts? I've been wanting to fire this advisor for quite a while, but obviously waited to long. My thinking now is to save as much of the assets from a declining market, and to reinvest, ( using a Vanguard advisor), when the market starts to recover. I'm not trying to time anything. It will take probably years to recover using the investment firm,(Key Investments), at 1.28% ER. Remember, this...
by Bankroll
Fri Feb 28, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 23759

Re: who is worried and feels like selling stocks?

I am responsible for my brothers trust. Almost all of his funds are invested in Russell mutuals, through Key Investment Services. The Expense ratios are very high, at 1.28%. I'm thinking of closing out, and getting his money back in the bank, even at a loss. Then when the markets return, re-invest with Vanguard, using a their advisors. Bad idea? Any thoughts? I don't know any particulars of your situation so I hesitate to give advice. But from a 40.000 ft level, this seems like a bad idea. I would consider using this as an opportunity to get out from underneath the onerous ERs. - sell what he has at a loss or a low profit - use the money to buy VG index funds that meet his objectives in an appropriate mix of equities and fixed income. (If ...
by Bankroll
Thu Feb 27, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 23759

Re: who is worried and feels like selling stocks?

I am responsible for my brothers trust. Almost all of his funds are invested in Russell mutuals, through Key Investment Services. The Expense ratios are very high, at 1.28%. I'm thinking of closing out, and getting his money back in the bank, even at a loss. Then when the markets return, re-invest with Vanguard, using a their advisors. Bad idea? Any thoughts?
by Bankroll
Tue Jan 28, 2020 12:37 am
Forum: Personal Investments
Topic: Doe anyone make money with bonds?
Replies: 39
Views: 5697

Re: Doe anyone make money with bonds?

Thank you for the good information from all the posts. Today I got another wake up call. I transferred $50,K to my Vanguard MM fund last week, and was waiting to see how things looked Monday,(today). Glad I did. More importantly, I saw first hand how my bonds worked during a sharp drop in the market.
My assets are in VTSAX, and VBTLX, and of course a MM,(settlement fund). I will now properly balance my portfolio in the future. (A higher bond to stock ratio).
by Bankroll
Tue Jan 21, 2020 10:59 am
Forum: Personal Investments
Topic: Doe anyone make money with bonds?
Replies: 39
Views: 5697

Doe anyone make money with bonds?

,,,, I was listening to one of those weekend real estate shows on the radio, and the host said,: "has anyone ever made any real money with bonds"? Got me thinking, after watching my portfolio performance. Any thoughts?
by Bankroll
Tue Nov 12, 2019 9:45 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

Re: New member, and advice seeker..

Olemiss540 wrote: Tue Nov 12, 2019 6:54 pm Testing the waters" with 22k sure sounds more like gambling or speculation.
"Testing the waters", and talking about picking high risk funds, was not a realistic way to look at investing. As you can see, I took a more conservative initial route, with a 60/40, and cash AA. The $22K was just sitting in a bank savings account. I also have $228K parked in a money market account, but don't feel comfortable investing any of that at this time with all the talk of a market downturn.

You ever hear about Warren Buffett's bet with a hedge fund manager? Look it up if you haven't. You might be surprised how simple and easy it is to get "higher returns".

I have heard of it now. :happy . I read up on it, also. Thanks.
by Bankroll
Tue Nov 12, 2019 3:07 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

Finally made a move...

... the more I read, (mostly Bogleheads, wiki, Morning star,and some John Bogle interviews. I realized not only my lack of knowledge, but also my carelessness in thought. But sitting on the sidelines is also careless.
Today I made my first fund purchases with Vanguard.
1). VTSAX , $6,000
2). VBTLX , $4,000
3). Cash , $12,000 That will be used for additional fund purchases in the next few weeks.
by Bankroll
Sat Nov 09, 2019 4:07 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

Re: New member, and advice seeker..

Wiggums wrote: Fri Nov 08, 2019 1:40 pm You can invest in Vanguards total market index ETF such as VTI

https://investor.vanguard.com/etf/profile/VTI
I am leaning towards the VTI as a primary fun at 70%, and as a secondary high risk ETF like VGT,(info tech) or VXF (extended market)
Those secondary choices are high risk, so 30%. 70/30.

Any thoughts? I'm looking for higher returns.
by Bankroll
Fri Nov 08, 2019 3:35 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

Re: New member, and advice seeker..

"What is your goal for these funds? This makes a big difference."


These funds are more of a primer, to build confidence, and knowledge before making larger investments. I have a small pension, social security, and low overhead. I am still self employed, though reduced hours, I can't see myself not working to some degree for at least 10-12 more years.

So for now, the goal of these funds,($22K), would be to see what kind of returns I could make in 5 + years. Risk factor of 3-4.
by Bankroll
Fri Nov 08, 2019 2:42 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

Re: New member, and advice seeker..

deikel wrote: Fri Nov 08, 2019 2:10 pm
Out of curiosity, how did the single stocks from 20 years ago do ? in average gain per year ? more then 8% average ?
In April 1999,I bought 40 shares of Microsoft for $3,775, and now it is 80 shares(split), worth $11,638. The last 2-1/2 years it really took off.
by Bankroll
Fri Nov 08, 2019 2:27 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 4636

Re: Question for Car experts - how urgent/important are these maintenance items

Squeaking is usually a loose belt or a failing belt tensioner. Get another estimate. Coolant, as with brake fluid and engine oil, deteriorates with age. I replace mine every 3 years. You can always go on a Toyota forum to see what others have done. Three years on coolant life is out of date information, and only applies to standard green coolant, that hasn't been used by the OEM for at least 15 years. Honda coolant, for example is good you 10 years/120K miles, and has been that way for over 17 years. Noise is usually from a idler pulley, or belt contamination. There should be almost no belt wear at 45K miles, unless there is more to the story. :?: . Also, in all my years as a service tech/shop owner, I have not seen a serpentine belt fail,...
by Bankroll
Fri Nov 08, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 4636

Re: Question for Car experts - how urgent/important are these maintenance items

Unless the coolant has been tampered with, it will be fine for now. Check your owners manual for service recommendations. Belts these days go 120-150K miles. My dayco belt service guide shows allowable cracking. I would not change the belt yourself, as other items should be checked at the same time. Try and find a quality independent repair shop that knows Toyota, and make that your goto shop.
by Bankroll
Fri Nov 08, 2019 12:25 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1769

New member, and advice seeker..

...I am a late starter in the investing game, except for a a few stocks purchased 20 years ago in a TD Ameritrade account. Also, I did try a brokerage firm a couple of years ago, but was not happy with their performance, after fees, and taxes.
This week I opened a Vanguard account, and would like to invest $22K, (that has been sitting in a bank savings account), in an ETF. I am looking for fairly good returns,(growth), at this time. I have more funds available to invest, after I gain more knowledge. The larger investment would probably be in a lower risk fund. I am 67 years old, single, and have no debt. Mortage paid off, and no loans, etc.

Any idea's? Thank you in advance.