nothin in particular really. i have Vanguard's High Yield Corp fund in my 401k and it does pretty well. share price is very stable & it's clocking 7-8% yields. i think they run theirs a bit more conservatively, which may explain the stable share price. basically i'm just looking for a bond fund that can help boost the return on my savings (since bank rates suck)
If you've got some money to invest, you should really think about some high yield bonds. But do your research on the issue. The stock market is going sideways right now boys, might as well make some money when you can.
yeah, it'd be nice to buy individual bonds but i don't think i have the capital for that, which is why i'm looking towards bond mutual funds mostly ...
can we talk about Oracle (ORCL)? up 5.5% in the last month, beating the NASDAQ by almost 5% for that period
they just received an A rating from Fitch on a $3.25 bil debt offering, financials look fine, nothing alarming, hopefully that means they can spend it wisely and keep chugging. share price is $23.94 ... to me that doesn't sound like as good of a buy as GE or BAC, but i had it up against all the heavy hitters in the NASDAQ and it fared very well. will need to peruse their recent news a bit more to see if anything big happened, seems like an intriguing stock though ...
I haven't looked into them until you mentioned them but in their sector they are doing very well. They're application revenue grew 5% compared to one of their big competitors SAP whose revenue growth was -24%
Good luck man. My 7, 66, 86 & 87 (before you ask 86 & 87 are to be able to publish sell side Equity reports) all expire at the end of the month. I haven't posted in this thread yet so in case you're wondering my background I have covered both debt (IG & HY) and equity at a sell side shop and now I'm on the buy side. I have experience covering utilities, food & beverages, restaurants, Consumer Products, Textiles/Apparel manufacturers, Aerospace & Defense and Capital Goods companies. The HY funds where I thought the analysts I used to work with were good or I have a lot of respect for the PM's are First American (FJSIX), Janus (JAHYX), Pioneer (TAHYX is one but they have a better but the ticker escapes me), Federated, Waddell & Reed and Wamco. Blackrock's performance has been very good this year too.
This thread helped me remember I had a "pretend" investment on finances.yahoo.com . I had 5000$ at that time, but my parents said I didn't know what I was doing to allow me to invest( Junior in high school). I hypothetically was going to buy ~3000$ worth of AAPL ( Apple) and ~2000$ worth of ARTG (Art technology group). Apple I bought it at 104.76 a share and ended up buying 29 shares for 3038.04$ Today currently it's worth 249.11, so my 29 shares would be worth 7224.19 which is over 137% gain. Art Technology Group I bought it at 2.20 a share and bought 891 shares to pretty much spend all my remaining 5 grand. Today it's worth 3.85 or $3430.45 total for a 75% gain. If my parents trusted me( IDK if they should have, but it feels like it now) I'd have made $5654.50 for over a 100% gain in my money. Sorry if you guys don't care, I could see why. I'm going to be e-mailing this to my parents.
Sure I could take one for you. It's not real money I made, but I haven't even thought about it for like 4+ years. I'm trying to put a picture up now
Has anyone heard of Cypress Sharpridge Investments? I came across them today and they are a $12 stock that gives out ~$2/year in dividends. They only went public last June and they invest on a leveraged basis in residential mortgages. I'm a little hesitant since they work with mortgages, however a 16% dividend isn't all that bad. http://www.cypresssharpridge.com/about/index.html http://finance.yahoo.com/q?s=cys
I haven't put my money in my roth ira in like over a year. I think it's time to break out the paperwork and see whats happenin. Will be speaking with you gentleman later.
One stock I've been watching for a few weeks is PTEK, a electronic gaming company. Hovering around $.65 but was as high as $14 a 3 years ago. Could be something worth checking out. If the economy ever starts cranking up, the company could start spitting out more and more tables.
This is very similar to the design of a CDO but without slicing it up in to different tranches. If you're going to buy it you need to have a good understanding of the mortgage portfolio. What vintage (year), location, FICO scores, loan size, etc. If their disclosures aren't good avoid.
Just an overview on my finances. I'm 28, started my 401' with Troweprice at 23. Currently have a work matched 4% and I put in 8%. Have a wide variety of investments within the category. I'm in the same boat with Chan as my total debt is a vehicle and student loans (fuck me private school tuition). Should be debt free in 4 years (46K). Also have an emergency funds saving account at 20 dollars per week, nothing crazy but enough to help with crazy shit that comes up. Once I hit 5k with that I want to start doing cd's, first in 6 month rollovers and then one year. Any thoughts suggestions?
Are you saying you are putting your emergency fund in a cd? Imo I would keep that in a savings account so it is as liquid as possible incase something urgent comes up i.e. car, home appliances etc. Also try to get it to equal 3 month salary. That way if you become disabled you have enough to pay your bills while you are disabled.
This. It isn't like CD's are offering a big yield pick up. In this market the liquidity is worth more than a few extra bps IMO. When you get a bigger balance and you really want to do CD's instead of money market you should buy 6 6-month CD's each offset by one month and roll them each time it comes due to keep liquidity rather than paying penalties if you need to access it. I'd still rather be in a money mkt but if CD yields are high enough it makes sense
I thought this was an interesting tidbit from someone that covers me. While the market appeared disappointed with recent reports of decelerating economic activity (UMich Consumer, Philly Fed, Empire mfg) and weaker-than-expected earnings (JPM, BAC, C, GOOG), the underlying trend should be "good enough for credit." Credit continues to perform well versus equities as growth concerns take the luster off stocks while low inflation and modestly positive earnings growth leaves corporate credit in a favorable light.
Don't go into CD's unless your getting some crazy ass yield with only 5K, which you won't. Look at some high yield bonds that have a short maturity. Even an Aaa bond will yield you more.
BlueHose .... I agree with the other posters who say that CD's are basically a waste of time right now. They are not paying anything and being able to get to your money immediately is worth more IMO. You can get some high yielding municipal bonds that pay 4-5% which will be pretty low risk. If you are interested in that I am sure that some people in this thread can point you in the right direction.
Good thread, glad I stumbled across it. I have a Roth right now, but I'm thinking about switching who I have it with. Actually I know I'm going to make the switch. Just double checking but if I transfered that roth to another roth with a different company I wouldn't be penalized would I?
Well I meant once I get over 5k the extra is going into some form of money making activity. I only really know about cd's so that was my first avenue. Thanks guys
Oh ok I understand now. Honestly, look into mutual funds. They are a good way for people to get into the investment game who either a)don't know how to research stocks/bonds or b)don't have the time to do the research
No penalties. You may be charged a transfer fee from the brokerage firm you are leaving. Try to get the new broker/dealer to reimburse.
Well it's earning season. How is your portfolio fairing? Just read that yahoo's earnings were up 51%.
How did y'all decide where to open your roth IRA? Where can I be directed to help guide my decision? Going to talk to my dad when I go home in a couple weeks, but I want to look at it now and start researching.
I haven't seen Limit Orders mentioned on here yet, but they are a great way to shave an extra percent of earning due to general market fluctuation. I always use them when buying stocks.
Thoughs on BP? Currently trading around $35. Obviously violtile as crazy, but have to think the oil spill is just a year or two speed bump before returning to their place trading in the same range as other oil stocks. Right now the dividend yield is over 9% as well. I am thinking about putting in a limit order at around $34.
Thus far I'm having my first month of underperformance vs. the S&P 500 this year. WHR demolished numbers ($2.64 vs. consensus of $2.11) and raised guidance (~$9.50-10.00 from $8.00-$8.50 and ahead of consensus of ~$8.80) but the stock was down about 3% today. WTF? URI reported this afternoon and the numbers look strong ($0.25 EPS vs ($0.30) estimates). The stock is up 8% in the after market so that should help me make up for the bad month thus far.
That dividend yield isn't accurate because it is backward looking. I'm pretty sure they agreed to cut it in June when Obama and his administration was demanding a $20 bn deposit for damages and a dividend cut.
Your right suspended dividend for rest of 2010, but will look into reinstating it in 2011. Might still be a good buy, but might try to grab at closer to $30 than $35.
Mine is at E*Trade. I like it. No opinion on others but it depends on whether you need help (an advisor) or if you want to do it yourself (E*Trade, TD Ameritrade, etc).
my 401k is w/ Vanguard and that's who i stuck with. for indexed mutuals i think they are the best, expense ratios are typically the lowest across the industry. if you agree to have your statements e-mailed to you as opposed to physical mailings you will not see an account service fee. can't beat that for mutual funds ... however, i would think that active traders would want to look elsewhere. VG's website isn't great for equity trading, not a ton of research tools and analysis, can't probably because it's not their core business. trade commissions are low $7/trade, and you can trade their ETFs for free. i'm a buy n hold guy when it comes to equities, so for me it's not a big deal. plus i do all my research with company tools, like ThomsonOne and Bloomberg consoles ... btw, does anyone else get to fuck around with Bloombergs? i just started to mess with it this week, gonna take my research to a whole new level