rancormac Posted January 3, 2014 Share Posted January 3, 2014 (edited) I recently started looking for stocks using the stock screener that have: over last 6 months: > 40% over last 3 months: > 20% Volume: > 1-2M In attemp to find those rising stocks, hopefully before its too late. Since I'm playing with money for now, I'm trying to ride the wave for about 3 months and make 20-30% each time. So far I'm up 25% on SPWR and 15% on MU. Just bought DAL, we'll see what happens. It's amazing how many stocks in 2013 had over 100% in 1 year I'm curious what the marijuana stocks are going to do. "Other related stocks that are on the rise on Thursday include Medical Marijuana (MJNA), Hemp Inc. (HEMP), Tranzbyte (ERBB), GrowLife (PHOT), Greengro Technologies (GRNH) and Cannabis Science (CBIS)." Go see a certified CFP for a consultation. They will do it all for you, but the good ones are expensive. Personally, I don't have the time to read about all the companies I wish I had invested in years ago (Netflix, Apple, etc...) Anyone have any experience with a CFP? I was always under the assumption they just tried to manage any debt, and would try to make commission by selling you insurance and funds Edited January 3, 2014 by rancormac Link to comment Share on other sites More sharing options...
Fud Posted January 3, 2014 Share Posted January 3, 2014 This is important...hindsight is 20/20, and you can't go on kicking yourself or saying "I should have..." Take a look at why those companies have done so well, and how it can help you find the next GOOG/NFLX/PCLN. Huge 2 I'm curious what the marijuana stocks are going to do. "Other related stocks that are on the rise on Thursday include Medical Marijuana (MJNA), Hemp Inc. (HEMP), Tranzbyte (ERBB), GrowLife (PHOT), Greengro Technologies (GRNH) and Cannabis Science (CBIS)." Anyone have any experience with a CFP? I was always under the assumption they just tried to manage any debt, and would try to make commission by selling you insurance and funds I am very curious about the medical marijuana industry as well. Which stock screener do you use? I bet there is free access to one if you get it from your base library. I'll check more out. Link to comment Share on other sites More sharing options...
rancormac Posted January 3, 2014 Share Posted January 3, 2014 Huge 2 I am very curious about the medical marijuana industry as well. Which stock screener do you use? I bet there is free access to one if you get it from your base library. I'll check more out. I've tried Scottrade's, Google Finance, and Yahoo. I think Yahoo was the one that let me search for price % by last 3 months, last 6 months, volume, and market component. The other two were trickier, with a lot more technicals. I just wanted the basics. One of them wouldn't even screen by volume, and kept giving me low volume chinese penny stocks. Link to comment Share on other sites More sharing options...
Springer Posted January 3, 2014 Share Posted January 3, 2014 . My 3 stocks are split between solar, tech, and airline (specifically SPWR, MU, and DAL). If you purchased MU options a year ago you would be a millionaire now. Sold my DAL today. Link to comment Share on other sites More sharing options...
Pajaro Posted January 3, 2014 Share Posted January 3, 2014 I prefer the "set it and forget it" method. Checking and Savings (emergency fund cash): 63K TSP: 127K My Roth IRA: 64K Wife's Roth IRA: 33K Mutual Fund account: 24K Total net worth (assets minus liabilities) = roughly 327K. Good work. That's actually pretty close to what I had at that age 4 years ago (the market has had 4 great years in a row). How many years do you have in the USAF? I am a Boglehead, subscribe to the thought of long term, diversified, low expense ratio index funds are the key to success. Absolutely. This is great advice. Link to comment Share on other sites More sharing options...
BattleRattle Posted January 3, 2014 Share Posted January 3, 2014 Has anyone worked with a financial advisor/planner in the NCR that they would recommend? Link to comment Share on other sites More sharing options...
Homestar Posted January 3, 2014 Share Posted January 3, 2014 How many years do you have in the USAF? I'll be at 11 this spring. Link to comment Share on other sites More sharing options...
TarHeelPilot Posted January 4, 2014 Share Posted January 4, 2014 Cool discussion. I enjoy learning from you guys. I've contributed to the TSP and maxed my IRA since paycheck #1 in the AF. I'm 33 with $200,000 in IRA, TSP, and cash. It would have been about double that, but I got divorced and split all assets including $84,000 in cash and sold my house 18 months ago for $100,000 less than it's worth now. Bummer. Link to comment Share on other sites More sharing options...
Smokin Posted January 4, 2014 Share Posted January 4, 2014 Checking and Savings (emergency fund cash): 63K Holy hell! What kind of emergency would take $63K that you need immediately? That's more than seven months of pre-tax income for most of us. If anyone in our type of income bracket needs $63K for an emergency, items from the Gun thread would likely be of more use. I understand longer term emergencies (like getting caught using products from the above post, getting the boot from the AF, and searching for a job), but then you would also have six months to make that money liquid. Seems like you're running a huge opportunity cost to have that much money in an account that probably has a negative post-inflation yield. Link to comment Share on other sites More sharing options...
Homestar Posted January 4, 2014 Share Posted January 4, 2014 Holy hell! What kind of emergency would take $63K that you need immediately? That's more than seven months of pre-tax income for most of us. If anyone in our type of income bracket needs $63K for an emergency, items from the Gun thread would likely be of more use. I understand longer term emergencies (like getting caught using products from the above post, getting the boot from the AF, and searching for a job), but then you would also have six months to make that money liquid. Seems like you're running a huge opportunity cost to have that much money in an account that probably has a negative post-inflation yield. RIF for one. I've always had a goal of 1 year of liveable income as cash money in the bank since I can't reasonably stockpile food, water, and guns moving around all the time. Yeah, savings account isn't keeping pace with inflation. Link to comment Share on other sites More sharing options...
JS Posted January 4, 2014 Share Posted January 4, 2014 There's an Not that this is not related, but most of this stuff was discussed already if you read the last few pages of that thread. Just be careful about self-investing and thinking that you have a clue about diversification, financial analysis, balanced portfolios, etc. You don't. Link to comment Share on other sites More sharing options...
Pajaro Posted January 4, 2014 Share Posted January 4, 2014 RIF for one. I've always had a goal of 1 year of liveable income as cash money in the bank since I can't reasonably stockpile food, water, and guns moving around all the time. Yeah, savings account isn't keeping pace with inflation. You could put it all into a Penfed CD (I haven't checked in a few days, but they have (had?) a 5-year 3.04% CD. If you need the money, you can break the CD and you pay 1 or 2 years of interest (I forget which). However, per PenFed's policy, the penalty will not eat into the principal. Your $63k would be $73,328 in 5 years at that rate. The worst case is that you break the CD and walk away with $63k. If you go this route, I recommend several $5k CDs. That way, if you need $20k, you could break 4 CDs and keep the rest earning interest. 1 Link to comment Share on other sites More sharing options...
skosh Posted January 4, 2014 Share Posted January 4, 2014 May I recommend mint.com (also available as an app) to track all your finances/investments real-time, see where your money is going, and calculate your "net worth." Here's what it tells me (5.5 year captain pilot, single without kids or a house or debt/loans): Cash: $21k Stocks: $46k Roth IRA: $43k TSP: $22k Other investments: $34k My car: $28k (paid cash) Total value: $194k 1 Link to comment Share on other sites More sharing options...
Van1 Posted January 4, 2014 Share Posted January 4, 2014 I'm one of the 157 Majors that was not continued in 2011. Currently a Lt Col going on over 2 years of AD orders in the Guard. 2 to go until AD retirement. Figure my wife and I (DINKs) have about $550k+ between stocks, mutual funds, IRAs (both Roth and traditional), 401ks, checking, home equity, and paid off cars (the invol sep pay helped there). My biggest problem is that I have $100k in checking. Need to figure out what to do with it. Cause its not doing me any good there. Link to comment Share on other sites More sharing options...
TarHeelPilot Posted January 4, 2014 Share Posted January 4, 2014 I'm one of the 157 Majors that was not continued in 2011. Currently a Lt Col going on over 2 years of AD orders in the Guard. 2 to go until AD retirement. Figure my wife and I (DINKs) have about $550k+ between stocks, mutual funds, IRAs (both Roth and traditional), 401ks, checking, home equity, and paid off cars (the invol sep pay helped there). My biggest problem is that I have $100k in checking. Need to figure out what to do with it. Cause its not doing me any good there. Glad that worked out for you! Link to comment Share on other sites More sharing options...
xaarman Posted January 4, 2014 Share Posted January 4, 2014 My biggest problem is that I have $100k in checking. Need to figure out what to do with it. Cause its not doing me any good there.CDs have already been discussed. If you want a completely hands off approach, consider your non emergency funds in the Vanguard 2040 fund here: https://personal.vanguard.com/us/funds/snapshot?FundId=0696&FundIntExt=INT It is diversified, and will reallocate the percentages between domestic, international and bonds to be less risky as 2040 nears. It also has a very low expense ratio, but you will have to pay capital gain taxes on any profits if you set it up in a normal brokerage account. Finally, Morningstar did a study and found that expense ratios are the single biggest predictor of mutual fund performance, even better then their own Star rating system: https://personal.vanguard.com/pdf/morningstar.pdf - while I do agree with their findings, they only studied 2005-2008, so you can't use this one single study to validate a 50 year retirement plan. You can however, use the Four Pillars of Investing book which comes to the same conclusion. --On a second note, here's a good comparison between Mutual Funds and ETFs: http://www.fool.com/investing/etf/mutual-funds-v-etfs.aspxIt's key to note that ETFs are a huge advantage when dealing with mutual funds that have high expense ratios or actively managed funds that buy/sell a lot. However, Vanguard index funds have such low expense ratios that it makes that point moot. To buy/sell ETFs, you incur normal stock brokerage fees, and the dividends pay cash into your brokerage account which will require more fees to reinvest. Mutual funds are designed to auto-reinvest their dividends, saving you the fees that could add up over 40+ years of reinvestment. Link to comment Share on other sites More sharing options...
HU&W Posted January 5, 2014 Share Posted January 5, 2014 I'm one of the 157 Majors that was not continued in 2011. Currently a Lt Col going on over 2 years of AD orders in the Guard. 2 to go until AD retirement. Figure my wife and I (DINKs) have about $550k+ between stocks, mutual funds, IRAs (both Roth and traditional), 401ks, checking, home equity, and paid off cars (the invol sep pay helped there). My biggest problem is that I have $100k in checking. Need to figure out what to do with it. Cause its not doing me any good there. Sounds like about the right time to hire a good FM or CFP. Link to comment Share on other sites More sharing options...
Day Man Posted January 5, 2014 Share Posted January 5, 2014 (edited) CDs have already been discussed. Look into ladder CDs... edit: directed at Van1, not xaarman. Edited January 5, 2014 by day man Link to comment Share on other sites More sharing options...
Clark Griswold Posted January 5, 2014 Share Posted January 5, 2014 On the subject of looking for greater rates of return on cash savings, I've thought about trying foreign currency CDs with Everbank Higher rates of return and diversification beyond the dollar but haven't pulled the trigger yet. Some currencies like the Indian Rupee can yield 6.25% for a 3 month CD but that yield come with a just a bit of risk. Link to comment Share on other sites More sharing options...
Lumbergh Posted January 5, 2014 Share Posted January 5, 2014 (edited) Van1, Have you ever thought about a rental property? You could probably find a nice property (single family or multi-family) for $50k down that could net you a nice return. And then you'd still have a good chunk of money to stick somewhere else. Edited January 5, 2014 by Lumbergh Link to comment Share on other sites More sharing options...
ChkHandleDn Posted January 5, 2014 Share Posted January 5, 2014 (edited) Has anyone worked with a financial advisor/planner in the NCR that they would recommend? Just to pile on: any of you guys use a financial advisor, and if so, any recommendations? Edited January 5, 2014 by ChkHandleDn Link to comment Share on other sites More sharing options...
JeremiahWeed Posted January 5, 2014 Share Posted January 5, 2014 Some currencies like the Indian Rupee can yield 6.25% for a 3 month CD but that yield come with a just a bit of risk. Clark, Is that really "just a bit" of risk or is it Bob Uecker in Major League - "KY ball, juuust a bit outside" risk? Link to comment Share on other sites More sharing options...
xaarman Posted January 5, 2014 Share Posted January 5, 2014 Just to pile on: any of you guys use a financial advisor, and if so, any recommendations?Keith Tatlock (ANG MX Officer) was in my SOS class and an all around stand up guy. I picked his mind every chance I got.http://www.nefgllc.com/ecard.cfm?ID=84274 Link to comment Share on other sites More sharing options...
ClearedHot Posted January 5, 2014 Share Posted January 5, 2014 I'm late 40's, planning to hit the eject button in 2015 which will give me about $75K per year in retirement just for being alive, not bad for a mouth breathing neanderthal . Married (wife 1.0), 1 kid (1st Grade), transferred GI bill four years ago (fully vested), 529 currently has $138,000, will hit the $235K limit well before 18. No debt other than one mortgage (30 year 3.5%, with $275,000 to go) and a car payment (1.4% on a remaining balance of $25,000) Owned first house since 1991, bought another in 1997, and current one since 2006. Never carried any credit card debt, have a libor loan pledged from my porfolio for large purchases that is basically a large line of credit @ 1%. Net worth = Doing ok 1.6M in taxable brokerage account (Current distro = .01% cash, 9.83% in MMF and BDP, 72% in Stocks/Options ,18.16% in Mutual Funds) 180,000 TSP 360,000 Roth IRA 300,000 Wife's Roth 187,000 Traditional IRA 120,000 Wife's Traditional IRA 138,000 529 college savings plan 50,000 Cash Savings Checking, Savings, MM, and a CD) 250,000 equity in Rental Property #1 (No mortgage) - Generates $1500 @ month in income. 175,000 equity in Rental Property #2 (No mortgage) - Generates $1300 @ month in income. 75,000 equity in Rental Property #3 (30 year 3.5%, with $275,000 to go) break even each month, win overall based on tax deductions. 50,000 equity in land (No mortgage) - Sitting idle and have to pay Prop tax and HOA fee, want to sell it. 500,000 equity in another piece of land (Inherited from grandparents - No mortgage - lease to a farmer for agricultural tax exemption) I max out my Roth IRAs and TSP every year. As a Capt who flew mostly at night, I spent some time as a daytrader...did very well AND very bad, lost $35K one day, made $40K on another. Got very nervous at one point when I realized I had over $100K on margin, so I quit. Luckily on the advice of a friend I got in early on SanDisk and held it long through a couple splits, made a LOT of $ when I sold it, paid off two houses, paid a metric shit ton in taxes (my tax liability that year was more than my entire AF salary), and gave the rest to a professional wealth manger who has since tripled what I gave him. 2 Link to comment Share on other sites More sharing options...
Danny Noonin Posted January 5, 2014 Share Posted January 5, 2014 I never liked you. 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now