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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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DaFace 04:54 PM 08-17-2016
Originally Posted by lewdog:
Can you guys tell me who you use for online brokerage accounts? I can't remember if we've discussed that.
Schwab, but that's mostly because that's where my work IRA lives.
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Hog's Gone Fishin 04:56 PM 08-17-2016
Originally Posted by lewdog:
Dude, you've listed some stocks you've purchased that have had some nice recent runs. I am impressed. You need to start sharing these earlier!!!
Well, I've hit a few homeruns lately but I have plenty of strikeouts on my resume. I try not to just blurt out something I've just jumped into because I don't want to cause anyone to be hurt. I still wish I'd bought steel socks. I missed that one.
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lewdog 05:11 PM 08-17-2016
Originally Posted by DaFace:
Schwab, but that's mostly because that's where my work IRA lives.
I was thinking TDAmeritrade because they have 100+ commission free ETFs but the $9.95 per trade is a bit extreme. Trade King looks good at $4.95 per trade but no commission free ETFs.

I have my Roth IRA through TRowe Price but those bitches have insane trading expenses for a brokerage account. My wife has her Roth through Vanguard and the first 25 trades in the brokerage account are $7 and I've made a few buys there. I myself want a discount online brokerage account in my name but having trouble deciding which one.
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Hog's Gone Fishin 05:21 PM 08-17-2016
Etrade for me . 9.99 per transaction
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aturnis 11:33 AM 08-18-2016
I use Robinhood.

Zero cost, zero fees. Completely free. Works very well once you get to instant trading.(requires a referral)
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Halfcan 11:36 AM 08-18-2016
Originally Posted by Hog Farmer:
Etrade for me . 9.99 per transaction
Wow that is high.

I have Sharebuilder-it is $4.95.

I reinvest all the dividends at no charge.
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wutamess 11:39 AM 08-18-2016
Fidelity for me. 7.95/transaction. Bought in at APPL @ $128. Hopefully I can get my $ back. It went as low as $90 in the last 4 months. When do you guys pullout?
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Discuss Thrower 11:44 AM 08-18-2016
Originally Posted by wutamess:
Fidelity for me. 7.95/transaction. Bought in at APPL @ $128. Hopefully I can get my $ back. It went as low as $90 in the last 4 months. When do you guys pullout?
Do you believe that Apple can sustain modest growth in the long term?
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eDave 11:48 AM 08-18-2016
I just moved my 401K distributions over to a couple of funds (Fidelity) that are gaining ~15% all year. Maxed my contributions as well. A bit of a money grab. I'll let it ride till EOY.
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Halfcan 11:48 AM 08-18-2016
Originally Posted by wutamess:
Fidelity for me. 7.95/transaction. Bought in at APPL @ $128. Hopefully I can get my $ back. It went as low as $90 in the last 4 months. When do you guys pullout?
So you were the one that bought Apple at $128.00?

Their product sales are slumping this year. But the good news is they have like 6 trillion zillion dollars tucked away. Berkshire bought a big chunk as well-so that bodes well for the long term.

I was looking at this stock but chose not to since they pay such a measly dividend. Still wish I would have got in at $90.0 for the small rebound. :-)
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Discuss Thrower 11:49 AM 08-18-2016
Originally Posted by eDave:
I just moved my 401K distributions over to a couple of funds (Fidelity) that are gaining ~15% all year. Maxed my contributions as well. A bit of a money grab. I'll let it ride till EOY.
http://www.blooom.com/
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wutamess 01:08 PM 08-18-2016
Originally Posted by Discuss Thrower:
Do you believe that Apple can sustain modest growth in the long term?
I have no idea. Don't know how to read charts and such so use Analyst price targets as well as personal observations and articles. At the time. APPL was riding high and targets were talking $140-$170 range. Seems like soon as I bought it went down. It is rebounding due to Buffett. Hopefully it'll keep going with the release of Iphone 7 coming soon.
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Discuss Thrower 01:11 PM 08-18-2016
Is your goal to maximize the reward for what you've risked or to get a sustainable return on investment?
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petegz28 01:16 PM 08-18-2016
Originally Posted by lewdog:
Can you guys tell me who you use for online brokerage accounts? I can't remember if we've discussed that.
If you're looking into doing some serious, chart based trading, I would look at Tradestation or Interactive Brokers.

If you are wanting to be less active but still "play the market" I would go with Fidelity though I dislike their charting software.

I use Fidelity as I have manage my IRA there and I have pretty much resorted to trading mutual funds on a long term basis for various reasons which I would be more than happy to discuss in detail.
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petegz28 01:17 PM 08-18-2016
Originally Posted by wutamess:
I have no idea. Don't know how to read charts and such so use Analyst price targets as well as personal observations and articles. At the time. APPL was riding high and targets were talking $140-$170 range. Seems like soon as I bought it went down. It is rebounding due to Buffett. Hopefully it'll keep going with the release of Iphone 7 coming soon.
Why don't you take some time and learn to read charts? It's not difficult and there are a ton of books out there that will explain how to do it.
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