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Forum » Do you invest all your $ in the stock market? (srs)
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Thread: Do you invest all your $ in the stock market? (srs)

post 1625196803 12-11-2020, 09:29 AM
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#31
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Originally Posted By Stm782⏩
You are being forced to put your money in the stock market. The Fed will continue to prop up the market till the death of the dollar. My strategy is to pay off my mortgage this year and be debt free. Being debt free is most important even before investments.

I just got murdered on Silver options so it changed my tune.
Disagree. The market over time will outperform your mortgage interest rate
you should read this
https://forum.obnoxiousbrutes.com/showthread.php?t=179438063

negs for using "of" where it should be "have"
post 1625197463 12-11-2020, 09:36 AM
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#32
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I do stocks and ETFs and i have a conservative savings account that allows me to withdraw money whenever i need it, like some sort of emergency savings account

I would advise everybody to at least think about investments and not let their money get eaten by inflation, also its really fun to see the money getting more

Caution: You might become stingy
post 1625197823 12-11-2020, 09:39 AM
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#33
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Originally Posted By ragingcrayon⏩
Disagree. The market over time will outperform your mortgage interest rate
Definitely, but there is a peace of mind for being debt free. And owning your home outright. He also just lost playing the options game so no doubt he is discouraged.

I'm a realist. I like to invest in technology and innovation. Because neither of those will be slowing down any time soon. And if they do, I've got bigger problems then the amount of cash I hold in the bank.
Originally Posted By Perowise⏩
I do stocks and ETFs and i have a conservative savings account that allows me to withdraw money whenever i need it, like some sort of emergency savings account

I would advise everybody to at least think about investments and not let their money get eaten by inflation, also its really fun to see the money getting more

Caution: You might become stingy
It becomes even funner when you break 100K in the market and you're seeing 10%+ gains per year. Add to that if you can keep investing 1K per month and you're watching your account grow by like 20% give or take a little per year.


Its a lot easier to be disciplined when you reach that stage.
post 1625199473 12-11-2020, 09:57 AM
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#34
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I do because I don't own any real estate. I'm the reverse of Muzziechick. I don't understand real estate and I'm actually afraid of having money tied up in properties/liquidity. I can sell a stock instantly.
post 1625199623 12-11-2020, 09:59 AM
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#35
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I’m about even 50% real estate, 50% the stock market
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post 1625200153 12-11-2020, 10:04 AM
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Originally Posted By MikeLowrrrey⏩
Don't put your entire savings in it, that would be stupid. $10k would make you crazy gains if you find the right stock.Tesla was $72 back in march and is now $640
LOL at thinking you're gonna find a 1000% return like it's nothing.
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
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post 1625202443 12-11-2020, 10:26 AM
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#37
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im going togo cash only and have an old-western style safe in my house with paper bills... then with extra maybe "invest" if it gives me more i guess
**afraid to leave his house crew**
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post 1625202883 12-11-2020, 10:31 AM
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#38
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Double pensions plus maxed out TFSA plus two RESP's home crew
post 1625222383 12-11-2020, 01:52 PM
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Originally Posted By ragingcrayon⏩
Disagree. The market over time will outperform your mortgage interest rate
You say that now but there are never any guarantees. The only thing that can be guaranteed is being debt free. You never know if an investment can go bad. There are numerous examples of people losing it all.

I am lucky enough to make a good amount of money and have all my needs covered. Even If I had millions vs what I have now, truly nothing in my life would change. So securing what I have now by getting out of debt is most important. Who knows I could lose my income tomorrow, but ill be much more secure financially and mentally not being in debt to anyone other than Uncle Sam like everyone else. The mental security of being debt free is severely underrated.

Also not having a mortgage payment allows me to pursue investments at a faster pace than most people.

There is some good videos of Dave ramsay and Kevin O'leary discussing the subject. Can't post links.
post 1625237783 12-11-2020, 04:30 PM
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#40
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Originally Posted By Stm782⏩
You say that now but there are never any guarantees. The only thing that can be guaranteed is being debt free. You never know if an investment can go bad. There are numerous examples of people losing it all.

I am lucky enough to make a good amount of money and have all my needs covered. Even If I had millions vs what I have now, truly nothing in my life would change. So securing what I have now by getting out of debt is most important. Who knows I could lose my income tomorrow, but ill be much more secure financially and mentally not being in debt to anyone other than Uncle Sam like everyone else. The mental security of being debt free is severely underrated.

Also not having a mortgage payment allows me to pursue investments at a faster pace than most people.

There is some good videos of Dave ramsay and Kevin O'leary discussing the subject. Can't post links.
Dude stfu. Look back historically and read about risk models from the greatest minds. **** my 2.365 rate mortgage... definitely can outperform that every year, even in a down broader market. You have to be dull not to be up at LEAST 3% a year in the market... but should be hitting 10-30 no prob.
you should read this
https://forum.obnoxiousbrutes.com/showthread.php?t=179438063

negs for using "of" where it should be "have"
post 1625238493 12-11-2020, 04:37 PM
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#41
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Originally Posted By Perowise⏩
Caution: You might become stingy
Imagine being unable to transcend past the thought of money being the only form of currency. Sounds unfulfilling.
Your schtick sucks and it screams insecurity.
post 1625238973 12-11-2020, 04:44 PM
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#42
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id put 40k into the stock market and 20k on something degen
post 1625239263 12-11-2020, 04:47 PM
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#43
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how the fuk do you pay for stuff if its all in the stock market?

Your emergency fund should be 6 months of expenses in a HYSA.

15-20% of your monthly pay should go to retirement investments

You should keep a small amt for daily expenses in a regular checking acct.

If you have upcoming large epxneses, you should save up in a seperate account...car/house/etc.
n4l
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post 1625239673 12-11-2020, 04:51 PM
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#44
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Originally Posted By Fozzy13⏩
how the fuk do you pay for stuff if its all in the stock market?
In my fidelity account it takes about 20 hours from when I hit "sell" on a stock, and then transfer the cash that's now in the fidelity account to my normal bank account.
It's not that complicated bro.
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post 1625240373 12-11-2020, 04:57 PM
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#45
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Originally Posted By LurkoLantern⏩
In my fidelity account it takes about 20 hours from when I hit "sell" on a stock, and then transfer the cash that's now in the fidelity account to my normal bank account.
It's not that complicated bro.
lol not sure if srs. WHo the fuk uses a brokerage account for their daily and reoccurring expenses? Also, 20 hours is a long time when you need the money NOW.
n4l
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fappin
r32gojirra
post 1625242093 12-11-2020, 05:15 PM
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#46
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lol @ cashcels srs

3 months expenses in a checking account then into the markets

if you need more than that for a large unexpected expense just sell some stocks. it's not like they're all going to zero
post 1625267323 12-11-2020, 09:32 PM
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#47
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Originally Posted By ragingcrayon⏩
Dude stfu. Look back historically and read about risk models from the greatest minds. **** my 2.365 rate mortgage... definitely can outperform that every year, even in a down broader market. You have to be dull not to be up at LEAST 3% a year in the market... but should be hitting 10-30 no prob.
Look at this modern day Nostradamus. 10 to 30 percent huh, you must have a really large successful hedge fund with those numbers.... I'll trust Dave Ramsay's millionaire study and guys like Kevin o'leary over a tard like yourself.
post 1625267473 12-11-2020, 09:35 PM
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#48
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I don't have any money- poor as fucc

But if I had money I wouldn't let it sit in some bank
post 1625268233 12-11-2020, 09:48 PM
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Originally Posted By Fozzy13⏩
lol not sure if srs. WHo the fuk uses a brokerage account for their daily and reoccurring expenses? Also, 20 hours is a long time when you need the money NOW.
What kind of lifestyle are you living where you need large sums of money at a moments notice?

Lol
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1625268433 12-11-2020, 09:51 PM
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#50
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I have like 30k in sneakers and sneaker bots srs. I'm dumping all my monies in sneakers because I understand the market and it's easy money.


I have a good amount liquid too but I was thinking of buying a used vehicle from a private seller that goes for around ~25k so I'm holding a lot in my checking. In the meantime half of my monthly salary goes to my mortgage, half into shoes.
watchout your comments boyo ↓
post 1625269993 12-11-2020, 10:13 PM
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#51
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6 month living expenses sounds good
insurance for catastrophes
stonks 95%+
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post 1625271193 12-11-2020, 10:27 PM
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#52
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Own my house, no mortgage. I live in a growing area. House has tons of potential. Has a finished basement, making it a full functional MIL suite, that could be an apartment. Things like that, thinking of other projects. Since I've been here more than 2 years, if I sell, it's tax free.

What I don't like about stock market gains is that when you gain, it's taxed, so hear you are putting your money at risk, and then getting penalized if you gain, but if you lose money, you have to lose so much money before you can write it off. Not a big enough baller to make it worth it really. So besides 401K, that's it. Maybe this isnt' the case for everyone, but for mine, I'm putting my money where it most likely will gain me. I do know that I could lose some if the market drops on housing, but it always rebounds.
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