mutual funds - Page 2 - GoFuckYourself.com

EscortBiz · 01-20-2003, 04:54 AM

Quote:

Originally posted by Pornwolf
Yeah, I guess it all depends on your lifestyle man. $320 million for me.

In Brookly that wont last long, pornwolf rethink

Pornwolf · 01-20-2003, 04:59 AM

Haha, yeah well the actual target is 2 billion but I'm trying to condition myself to settle if necassary.

Theo · 01-20-2003, 05:35 AM

who needs mutual funds when you have internet? not me

theking · 01-20-2003, 06:30 AM

Quote:

Originally posted by quiet
i've asked this question before, might as well ask it again as this seems like a good thread to mention it. let's say you have no debt, some investments (a couple 100K) own two homes straight out, and have around 3.5 - 4 M USD net retained after taxes sitting in a high interest bank account.

what should be done with that 3.5 M that is low risk, and low maintenance. retirement style income for someone under 40.

besides talking to a financial advisor :P your thoughts...

You will get the same answers as before.

To answer Terrance111's question. PF steered me to Vangaurd in my early years and I have never regretted it. PF also steered me into property investments and fixer uppers and I have never regretted it. Vanguard has been stable even with the drop in the market. The fixer uppers are all rented and are paying for themselves with equity and value growing each year that passes by. Property values just increase with each passing year. Some one once said "invest in real estate because they are not going to make anymore."

theking · 01-20-2003, 12:25 PM

Quote:

Originally posted by spunky1
I lost a shitload of money with them,I would be very leary investing in that shit

Are you speaking about Vangaurd???

nazgul · 01-20-2003, 12:46 PM

The best thing to know with mutual funds is to know the facts.

86% of all mutual funds perform under the market

Mutual funds managed by fund managers usually cost you 1% to 2% in fees.

My personal opinion is that if you are doing mutual fund INVESTING (long term) and not mutual fund SPECULATION (getting rich quick) the best thing to do is to go with passively managed funds. These are mutual funds that seek to return the rate of the INDEX that they follow. These funds follow any index from the Dow Jones Industrial, to the S&P 500 to semi counductor indicies. The beauty of these funds is that you are gauranteed to math the market and, your fee is usally about .2% or . 1%.

In the long haul these are the best way to go. You are going to be inline with the market, but you are actually comming out a head because of the costs.

A kick ass book to read is "Greed is Good" The capitalist pigs guide to investing...... best book i have read

naz

KRL · 01-20-2003, 12:59 PM

You're right on with the effects of money and hard work Quiet. Every relationship I've had was severly effected by my being a total workoholic in business. I've always prioritized it over the women in my life and paid the price for doing so.

Few women can handle a guy who is so into his business stuff 24 / 7. Its very hard to balance both worlds. My last wife was pretty good about it, but even she eventually couldn't deal with anymore.

Family also. Haven't talked to my brother for 9 years.

Really sucks thats for sure and as you get older you wonder if it was really worth it all for what you had to give up for your biz.

slackor · 01-20-2003, 01:49 PM

Buy gold, oil and defense related stocks.

Up 130% the past 2 years.

01-20-2003, 04:59 AM	#52
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Haha, yeah well the actual target is 2 billion but I'm trying to condition myself to settle if necassary. __________________ I've trusted my sites to them for over a decade... Webair, bitches.

01-20-2003, 12:59 PM	#57
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	You're right on with the effects of money and hard work Quiet. Every relationship I've had was severly effected by my being a total workoholic in business. I've always prioritized it over the women in my life and paid the price for doing so. Few women can handle a guy who is so into his business stuff 24 / 7. Its very hard to balance both worlds. My last wife was pretty good about it, but even she eventually couldn't deal with anymore. Family also. Haven't talked to my brother for 9 years. Really sucks thats for sure and as you get older you wonder if it was really worth it all for what you had to give up for your biz. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

01-20-2003, 05:35 AM	#53
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	who needs mutual funds when you have internet? not me

01-20-2003, 12:46 PM	#56
nazgul Confirmed User Join Date: Feb 2002 Posts: 227	The best thing to know with mutual funds is to know the facts. 86% of all mutual funds perform under the market Mutual funds managed by fund managers usually cost you 1% to 2% in fees. My personal opinion is that if you are doing mutual fund INVESTING (long term) and not mutual fund SPECULATION (getting rich quick) the best thing to do is to go with passively managed funds. These are mutual funds that seek to return the rate of the INDEX that they follow. These funds follow any index from the Dow Jones Industrial, to the S&P 500 to semi counductor indicies. The beauty of these funds is that you are gauranteed to math the market and, your fee is usally about .2% or . 1%. In the long haul these are the best way to go. You are going to be inline with the market, but you are actually comming out a head because of the costs. A kick ass book to read is "Greed is Good" The capitalist pigs guide to investing...... best book i have read naz

01-20-2003, 01:49 PM	#58
slackor Confirmed User Join Date: Aug 2002 Posts: 101	Buy gold, oil and defense related stocks. Up 130% the past 2 years.