fantasma's financial journey

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Sam
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Re: fantasma's financial journey

Postby Sam » Wed Nov 28, 2012 10:01 am

I have ETFS in my 457B and my contribution style "penson"....

I always wanted a portofolio of stocks that have dividends I personally picked to see where they go:) My IRA is a very small amount compared to my other two retirement accounts.

I am nowhere near the point where I am contributing 5000 per year.


We only buy stocks for our IRAs and we've actually done very well with many of our stock picks. Depending on how old you are and your other investments, buying stock (especially blue chip stocks) in your IRA wouldn't be considered to be particularly risky at all.

In our 401k we buy funds.
Sam

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fantasma
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Re: fantasma's financial journey

Postby fantasma » Wed Nov 28, 2012 10:10 am

Sam wrote:
I have ETFS in my 457B and my contribution style "penson"....

I always wanted a portofolio of stocks that have dividends I personally picked to see where they go:) My IRA is a very small amount compared to my other two retirement accounts.

I am nowhere near the point where I am contributing 5000 per year.


We only buy stocks for our IRAs and we've actually done very well with many of our stock picks. Depending on how old you are and your other investments, buying stock (especially blue chip stocks) in your IRA wouldn't be considered to be particularly risky at all.

In our 401k we buy funds.


I am now 33 yrs old (ugh) and I am not playing with stocks at all. I am trying to get a rounded portfolio of stocks and companies I favor.
Be what you want to attract.

DoingHomework
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Re: fantasma's financial journey

Postby DoingHomework » Thu Nov 29, 2012 11:23 pm

Sam wrote:
Depending on how old you are and your other investments, buying stock (especially blue chip stocks) in your IRA wouldn't be considered to be particularly risky at all.


I agree. But even GM was a blue chip before they crashed and the common shareholders basically lost everything. I don't think buying stocks in an IRA is risky as long as you don't concentrate too much in a single company. My personal limit is 4% but the limit is debatable.

peachy
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Re: fantasma's financial journey

Postby peachy » Fri Nov 30, 2012 4:08 am

I simply thought you had 20 individual stocks and I thought it was risky because a) you're spreading yourself thin, and b) with only putting in a few dollars into each stock, it'll take a while to show any gains with the trading fees, significant market movements etc..

Now that I know you have ETFs and only one stock (CSX), I think that is a good plan. Keep researching (set up a watch list, read the annual reports), and you should be fine. Make sure to keep your entire portfolio in mind too, when deciding your next investment. :)

fantasma
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Re: fantasma's financial journey

Postby fantasma » Fri Nov 30, 2012 3:53 pm

I am going to take a Crystal Report class. So there's an email that went out and if eligible after taking a test this person can take a developement course specifically about SQL.

This is where I have to always work on myself; I took the test despite my trepidations. There's no way to tell if I passed unless I am asked to attend the classes. They were asking algebra question; stuff I don't even recall from more than 10 yrs ago.

The classes for each functions would be an awesome opportunity to take advantage of.

No clue still working on myself.
Be what you want to attract.

fantasma
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Re: fantasma's financial journey

Postby fantasma » Mon Dec 17, 2012 7:36 am

I am sad.

I have thyroid issues and my hair is falling out due to the thyroid.

Going to multiple doctors is a drain on my pockets.

I am pushing on with the classes. They make me happy as life goes on.

This season I feel a tinge of loneliness.
Be what you want to attract.

N2Deep
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Re: fantasma's financial journey

Postby N2Deep » Mon Dec 17, 2012 1:05 pm

Hope your thyroid gets better. Keep your chin up... you're not the only one feeling lonely this season. Everytime I turn around I'm getting rejected.
I can not dwell over that to which I have no control...

fantasma
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Re: fantasma's financial journey

Postby fantasma » Thu Dec 20, 2012 8:09 am

Thanks N2Deep


On the bright side since September 20, 2012- December 20, 2012

I have lost 26lbs. and or 13.61% of my body weight....:)

Oh yeah I won money
Be what you want to attract.

CecilyC
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Re: fantasma's financial journey

Postby CecilyC » Thu Dec 20, 2012 8:28 pm

fantasma wrote:Thanks N2Deep


On the bright side since September 20, 2012- December 20, 2012

I have lost 26lbs. and or 13.61% of my body weight....:)

Oh yeah I won money



Wow!!!!!!!!! Way to go! I am jealous.

fantasma
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Re: fantasma's financial journey

Postby fantasma » Thu Dec 20, 2012 9:34 pm

CecilyC wrote:
fantasma wrote:Thanks N2Deep


On the bright side since September 20, 2012- December 20, 2012

I have lost 26lbs. and or 13.61% of my body weight....:)

Oh yeah I won money



Wow!!!!!!!!! Way to go! I am jealous.


Don't be just start walking and then onto hiking! I'd like to lose another 26 more pounds and then I am done.

My biggest issue is my thyroid being deactivated out and it will be way more difficult to lose weight than it is now...

I don't know how much cash I won in the next few days I'll find out.
Be what you want to attract.

N2Deep
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Re: fantasma's financial journey

Postby N2Deep » Sun Dec 23, 2012 1:36 pm

CecilyC wrote:
fantasma wrote:Thanks N2Deep


On the bright side since September 20, 2012- December 20, 2012

I have lost 26lbs. and or 13.61% of my body weight....:)

Oh yeah I won money



Wow!!!!!!!!! Way to go! I am jealous.


Agreed. My weight loss goals are anemic compaired to my fiscal reductions... and they aint all that great in the grand scheme of things.
I can not dwell over that to which I have no control...

fantasma
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Re: fantasma's financial journey

Postby fantasma » Sun Dec 23, 2012 2:34 pm

I won $600+...paid my car with a portion....Stashed the rest in my piggy vase and then going to buy a victory dress for $50.00.
Be what you want to attract.

peachy
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Re: fantasma's financial journey

Postby peachy » Sun Dec 23, 2012 6:11 pm

You definitely should get a victory dress with your winnings. With your new weight loss, I'm sure it'll look fabulous. Congrats on winning the money too. That always helps!

fantasma
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Re: fantasma's financial journey

Postby fantasma » Wed Jan 02, 2013 8:35 am

Did I ever tell you a life goal of mine is to be a member of the Peace Corps?

I have to get some blocks to build a foundation to get to the point of being accepted.

Pay for a class or two for the upcomming summer sessions.

Finding an organization I'd like to volunteer for.

Possibly pay an extra $50.00 a month for my car.

Pay off the IRS on a payment plan cuurrently.
Be what you want to attract.

fantasma
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Re: fantasma's financial journey

Postby fantasma » Wed Jan 09, 2013 9:58 pm

I have a mentor now. I am not sure if it is a good thing or a bad thing.

Goal is to learn as much as possible. Self control and having a pocker face.

There was some other things said but this is what I am going to do with the information I have.
Be what you want to attract.


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