Any Investors Here?

Mike · 10-22-2009, 08:12 AM

I just stick to mutual funds.

370Zsteve · 10-22-2009, 08:18 AM

Quote:

Originally Posted by Mike

I just stick to mutual funds.

No-load, I hope. Otherwise the only person making good money is your broker, imo.

Mike · 10-22-2009, 09:17 AM

Quote:

Originally Posted by 370Zsteve

No-load, I hope. Otherwise the only person making good money is your broker, imo.

yep, although my broker did advise me which ones to purchase. Oh yeah, I guess I do have some stocks, I forgot about the IRA I inherited from my father, that the broker manages.

370Zsteve · 10-22-2009, 09:21 AM

Quote:

Originally Posted by Mike

yep, although my broker did advise me which ones to purchase. Oh yeah, I guess I do have some stocks, I forgot about the IRA I inherited from my father, that the broker manages.

Nice to be in the position where you can forget about some of your investments.

Does the broker trade your stocks very often...snagging his/her commission along the way?

Mike · 10-22-2009, 09:56 AM

Quote:

Originally Posted by 370Zsteve

Nice to be in the position where you can forget about some of your investments.

Does the broker trade your stocks very often...snagging his/her commission along the way?

no, not often at all. mostly all preferreds with high dividends.

Matt · 10-22-2009, 04:02 PM

Quote:

Originally Posted by Mike

I just stick to mutual funds.

No load, sub 1% expense ratios. Set it and forget it style investing. I checked my balance about 3 years ago, and I'll check it again in 30 years.

370Zsteve · 10-23-2009, 06:35 AM

Quote:

Originally Posted by Matt

No load, sub 1% expense ratios. Set it and forget it style investing. I checked my balance about 3 years ago, and I'll check it again in 30 years.

Damn! I'm conservative, but kid, you make me look like a chart reader. lmao

nicknick · 10-28-2009, 10:29 PM

Do you know Porsche almost folded this year? nissan is doing well, go Carlos!

10-22-2009, 08:12 AM	#1 (permalink)
Mike The370Z.com Sponsor Join Date: Jun 2009 Location: Loganville, GA Posts: 5,944 Drives: 370z Rep Power: 2186	I just stick to mutual funds. __________________ NISSAN: 75 280Z / 86 300ZX GLL /87 Sentra SE / 03 350Z / 23 Z Porsche: 93 968 / 23 Macan GTS / 93 968

10-28-2009, 10:29 PM	#8 (permalink)
nicknick Enthusiast Member Join Date: Jan 2009 Location: Australia Posts: 438 Drives: Mazda mx5 2007 6sp m Rep Power: 17	Do you know Porsche almost folded this year? nissan is doing well, go Carlos!