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Viewing profile - Matthew Clinger

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Matthew Clinger
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Joined: Wed Nov 07, 2012 6:21 am
Last visited: Tue Oct 07, 2014 6:27 pm
Total posts: 149
[0.17% of all posts / 0.13 posts per day]
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Most active forum: Personal Finance
[ 149 Posts / 100.00% of user’s posts ]
Most active topic: Stock Portfolio
[ 53 Posts / 35.57% of user’s posts ]

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Matthew Clinger Posts

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 Forum: Personal Finance   Topic: Any advice for this 401K?

Posted: Mon Oct 06, 2014 10:38 am 

Replies: 9
Views: 1430


Consider maxing out your contribution and then rolling the whole thing over into a Roth IRA and then trying to max out the Roth IRA if you can. The difference between a traditional IRA and a Roth IRA is that Roth IRA's use post-tax dollars, which means you won't be saving on taxes this year. However...

 Forum: Personal Finance   Topic: When to Quit My Job?

 Post subject: Re: When to Quit My Job?
Posted: Mon Oct 06, 2014 9:49 am 

Replies: 20
Views: 3465


If you feel like you can't handle it, then sooner might be better. I have to agree with the others about concentrating on building up your fund. For your freelance work, you might see (when you have more free time) if you can get referrals from current clients to expand your income there, as well as...

 Forum: Personal Finance   Topic: Stock Portfolio 3

 Post subject: Re: Stock Portfolio 3
Posted: Mon Oct 06, 2014 9:03 am 

Replies: 39
Views: 5623


Firstly, I will admit that various fees are the reason why *some* investors do worse than indexing. However, you guys are looking at math all wrong in order to understand this. You are comparing carefully thought out and statistics-based strategy to a coin flip. You guys have no idea of the odds inv...

 Forum: Personal Finance   Topic: Stock Portfolio 3

 Post subject: Re: Stock Portfolio 3
Posted: Mon Oct 06, 2014 6:42 am 

Replies: 39
Views: 5623


Perhaps you're unaware of this, but Peter Lynch changed his strategy mid-way. He abandoned his strategy which was working for him in favor of another strategy, which in turn did not work out for him. Now, if you have a successful strategy and you switch over to a bad strategy, do you think you'll ge...

 Forum: Personal Finance   Topic: Stock Portfolio 3

 Post subject: Re: Stock Portfolio 3
Posted: Mon Oct 06, 2014 5:52 am 

Replies: 39
Views: 5623


Buffet buys companies. Even Graham admits that people who buy companies have different priorities than those that merely buy stock. If Buffet had all his money in indexing instead of him constantly going about trying to find companies to buy, I think his position would be more believable. Instead, h...

 Forum: Personal Finance   Topic: Stock Portfolio 3

 Post subject: Re: Stock Portfolio 3
Posted: Mon Oct 06, 2014 5:16 am 

Replies: 39
Views: 5623


Portfolio: +11.39% Is that over the past 12-month period, or year to date, or what? When I look at my US "portfolio," which consists of a single index fund (VFINX, the Vanguard 500 index fund), it has returned 15.85% over the past 12 months. About a month ago the return was closer to 20%....

 Forum: Personal Finance   Topic: Stock Portfolio 3

 Post subject: Re: Stock Portfolio 3
Posted: Thu Oct 02, 2014 12:49 am 

Replies: 39
Views: 5623


Portfolio: +11.39% Dow Jones Industrial Average INDEXDJX:.DJI 6.63% NASDAQ Composite INDEXNASDAQ:.IXIC 10.02% NYSE Composite (DJ) INDEXNYSEGIS:NYA 5.75% S&P 500 INDEXSP:.INX 9.49% Vanguard Total Stock Market ETF VTI 7.50% Vanguard Value ETF VTV 7.73% Of course, none of this includes dividends in...

 Forum: Personal Finance   Topic: Lump Sum Investing at Peak Market?

Posted: Fri May 09, 2014 7:50 pm 

Replies: 22
Views: 3149


And if you think anything about that Monopoly post, you'll see that I doubted you had the money you claimed to have. Because I simply don't believe you on that. Anyone can claim to have the money. Actually having the money is different. And you can't say that you have been investing more than 20 tim...

 Forum: Personal Finance   Topic: Lump Sum Investing at Peak Market?

Posted: Fri May 09, 2014 11:55 am 

Replies: 22
Views: 3149


What's the difference between having multiple portolios and combining them into a single well-diversified portfolio? At the end of the day, it's your total net worth that counts, isn't it? The difference is that it is not always a great time to get into the market. There are times during the year t...

 Forum: Personal Finance   Topic: Lump Sum Investing at Peak Market?

Posted: Fri May 09, 2014 11:35 am 

Replies: 22
Views: 3149


As usual, Vintek, you are quick to misquote people quite badly. I have a trading account now. Of course, if you read all my posts, you might have come to that conclusion. Further, I never said anywhere that six figure gains were not possible. That's a completely made-up statement by you. If I ever m...

 Forum: Personal Finance   Topic: Motif Investing - any experiences?

Posted: Fri May 09, 2014 4:42 am 

Replies: 6
Views: 2420


Calling 30 stocks bought using this method "buying 30 single stocks" is as ludicrous as buying the index of the S&P 500 and calling it "buying 500 single stocks". You are not buying single stocks here. A single stock is 1 stock. If these studies that you talk about (but never...

 Forum: Personal Finance   Topic: Motif Investing - any experiences?

Posted: Thu May 08, 2014 8:04 pm 

Replies: 6
Views: 2420


Hi Lis, I would just like to say "Thank you for this post!". Before your post, I had never heard of Motif investing. After doing a bit of research on it, I find that I rather like the idea! Of course, I do have reserves about letting someone I don't know make "themed" groups of s...

 Forum: Personal Finance   Topic: Investing for Kids

 Post subject: Re: Investing for Kids
Posted: Thu May 08, 2014 2:53 am 

Replies: 24
Views: 3571


If you want kids to be responsible with money, they need to be taught about money. Most kids are ignorant about money (not well-informed, and little to no experience making important money decisions) when they hit 18. My advice is to take them to Financial Peace University when you feel that they ar...

 Forum: Personal Finance   Topic: Lump Sum Investing at Peak Market?

Posted: Thu May 08, 2014 2:41 am 

Replies: 22
Views: 3149


Oh, thought I'd put one more thing here. If you want to lower the risk from bad market timing, you might consider multiple portfolios. If you invest in 2 or even 3 portfolios over the year, this will minimize the negative consequences of "bad timing".
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