Results 1 to 9 of 9
  1. #1
    Walk On
    Points: 6,582, Level: 24
    Level completed: 7%, Points required for next Level: 468
    Overall activity: 0%
    Achievements:
    VeteranCreated Album pictures5000 Experience Points

    Join Date
    Sep 2008
    Posts
    144
    Points
    6,582
    Level
    24
    Thumbs Up
    Received: 0
    Given: 0

    Need Investment Options Advice

    I have been holding my previous employers profit sharing check for 6 months now hoping the market would turn around a bit. I need to invest it but my current employers plan history shows no better than a 5-6% return on investment.

    Any fund advice or options to consider would be appreciated.

    Thanks in advance.



  2. #2
    Addict
    Points: 93,595, Level: 95
    Level completed: 24%, Points required for next Level: 1,455
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points
    cytech's Avatar
    Join Date
    Apr 2006
    Location
    Hiawatha, Iowa
    Posts
    6,203
    Points
    93,595
    Level
    95
    Thumbs Up
    Received: 11
    Given: 7

    Re: Need Investment Options Advice

    sure it is great to get more than 5-6% on investments but that is about what you should aim for in the long term.

    Of course you should aim higher but I think that percentage range is a realistic goal (though it is hard to say if this is the right time to invest it)



  3. #3
    Addict
    Points: 87,084, Level: 91
    Level completed: 81%, Points required for next Level: 366
    Overall activity: 11.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Apr 2006
    Location
    Hudson, Iowa
    Posts
    8,130
    Points
    87,084
    Level
    91
    Thumbs Up
    Received: 42
    Given: 58

    Re: Need Investment Options Advice

    S & P 500 Index Fund. Historically it beats about 70% of the funds out there. Low fees and should generate 7 to 8% return long term.

    If you want to spend a little time(which I always do when it comes to money) go to the library and get Money magazine. A couple times per year they generally will give you their top picks for fund choices. They generally will look at overall return and fee charges. Pick a large cap, small cap, and international fund and invest 35%/35%/30% in each fund or whatever ratio you're comfortable with.



  4. #4
    Walk On
    Points: 6,582, Level: 24
    Level completed: 7%, Points required for next Level: 468
    Overall activity: 0%
    Achievements:
    VeteranCreated Album pictures5000 Experience Points

    Join Date
    Sep 2008
    Posts
    144
    Points
    6,582
    Level
    24
    Thumbs Up
    Received: 0
    Given: 0

    Re: Need Investment Options Advice

    Quote Originally Posted by Bobber View Post
    S & P 500 Index Fund. Historically it beats about 70% of the funds out there. Low fees and should generate 7 to 8% return long term.

    If you want to spend a little time(which I always do when it comes to money) go to the library and get Money magazine. A couple times per year they generally will give you their top picks for fund choices. They generally will look at overall return and fee charges. Pick a large cap, small cap, and international fund and invest 35%/35%/30% in each fund or whatever ratio you're comfortable with.
    Thanks...I will look for that.



  5. #5
    Legend
    Points: 208,350, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 24.0%
    Achievements:
    SocialCreated Album picturesVeteran50000 Experience Points
    dmclone's Avatar
    Join Date
    Oct 2006
    Location
    50131
    Posts
    13,628
    Points
    208,350
    Level
    100
    Thumbs Up
    Received: 310
    Given: 478

    Re: Need Investment Options Advice

    Quote Originally Posted by theodore View Post
    Thanks...I will look for that.
    Look for the symbol SPY.



  6. #6
    Addict
    Points: 119,303, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 1.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Nov 2006
    Posts
    9,767
    Points
    119,303
    Level
    100
    Thumbs Up
    Received: 1
    Given: 0

    Re: Need Investment Options Advice

    If you have 15-20 years till retirement buy low P/E dividend paying stocks. You can't lose.



  7. #7
    Speechless
    Points: 452,814, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    SocialRecommendation Second ClassVeteran50000 Experience PointsOverdrive
    brianhos's Avatar
    Join Date
    Jun 2006
    Location
    Trenchtown
    Posts
    39,741
    Points
    452,814
    Level
    100
    Thumbs Up
    Received: 279
    Given: 39

    Re: Need Investment Options Advice

    Quote Originally Posted by cys_av8r View Post
    If you have 15-20 years till retirement buy low P/E dividend paying stocks. You can't lose.
    Heh, I would still guess you can lose :)


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

  8. #8
    Addict
    Points: 95,211, Level: 96
    Level completed: 9%, Points required for next Level: 1,839
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points
    CYdTracked's Avatar
    Join Date
    Mar 2006
    Location
    Des Moines, IA
    Posts
    8,698
    Points
    95,211
    Level
    96
    Thumbs Up
    Received: 8
    Given: 8

    Re: Need Investment Options Advice

    Let me get this straight, you've just been sitting on a check for 6 months, it's not earning interest or anything in a savings account while you decide what to do with it? Hopefully you at least are doing that.

    Here's a site that lists the top earning savings and CD rates: Top 50 Money Market Rates & High Interest Savings Accounts I'm thinking I might need to move the money I have in mine to a differnt place after looking at the current rates. When I opened it about a year ago it was one of the top rates you could find, now i think I can do nearly 1.5% better than it is currently earning. Even my old ING account is topping the rate and the whole reason I moved it out of there was because ING wasn't competing with the other rates out there.


    Go Cubs Go!

  9. #9
    Addict
    Points: 76,794, Level: 86
    Level completed: 14%, Points required for next Level: 1,556
    Overall activity: 0%
    Achievements:
    SocialRecommendation First ClassVeteranCreated Album pictures50000 Experience Points

    Join Date
    Jan 2008
    Location
    Khorasan
    Posts
    5,111
    Points
    76,794
    Level
    86
    Thumbs Up
    Received: 2
    Given: 0

    Re: Need Investment Options Advice

    At the current market valuation, if you don't make a freaking killing, you are the worst investor ever.

    Invest in the total stock market; something like Vanguard's Total Stock Market fund.

    And BrianHos, if you lose money from this point over a period 20 years, we are all doomed....


    I'm baaack! See my Hot Milk For Breakfast blog under Social Groups for more details

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: TBD
  • Iowa State vs. Oklahoma
  • November 1, 2014
  • 07:00 PM