Author Topic: Investment choices  (Read 4296 times)

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Offline Carl

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Investment choices
« on: November 07, 2012, 10:51:37 AM »
Right now my 401k is 100% in Fidelitys Freedom 2030 fund which is roughly 30% bondfunds,20% international equity funds and 50% domestic equity funds.
My IRA is in cash and a couple of equity funds.
I also have a small brokerage account.

I am no longer comfortable with the potential impact on what I sense coming on.
Anyone else making a move in investment strategy and to what?

Offline NHSparky

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Re: Investment choices
« Reply #1 on: November 07, 2012, 10:55:40 AM »
Here are my investment suggestions:

-Canned food.
-Shotguns.
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Offline Gina

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Re: Investment choices
« Reply #2 on: November 07, 2012, 11:39:50 AM »
 :lol:  sorry but I had to laugh unless I cry  :bawl:






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Offline Carl

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Re: Investment choices
« Reply #3 on: November 07, 2012, 11:52:30 AM »
Here are my investment suggestions:

-Canned food.
-Shotguns.

Shotguns I have and yes,not being overly dramatic but am going to increase my food storage beyond what I already have.

Offline USA4ME

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Re: Investment choices
« Reply #4 on: November 07, 2012, 11:55:52 AM »
Look toward pharmy companies and health insurance.  With Obamacare a reality, both of these industries should benefit.

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Offline Wineslob

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Re: Investment choices
« Reply #5 on: November 07, 2012, 12:16:31 PM »
Too bad I don't have any money to invest....................and it looks like a whole lot less of that.
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Offline Dori

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Re: Investment choices
« Reply #6 on: November 07, 2012, 01:00:08 PM »
Look toward pharmy companies and health insurance.  With Obamacare a reality, both of these industries should benefit.

Do you think that health care companies will survive Obamacare?  I hear not.
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Offline thundley4

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Re: Investment choices
« Reply #7 on: November 07, 2012, 01:02:23 PM »
Do you think that health care companies will survive Obamacare?  I hear not.

HealthCare companies might, but health insurance companies won't .

Offline Kyle Ricky

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Re: Investment choices
« Reply #8 on: November 07, 2012, 01:49:12 PM »
I dumped all my health insurance company stock today. Everything else I am keeping. As long as the company is paying a dividend, it is still good.

Remember that folks. Two things of importants - 'Dividends and Interest'. As long as you are getting those you will be fine. You will also see that when a company's stock drops too much, they will increase the dividend to make up a little ground for the loss.
« Last Edit: November 07, 2012, 01:51:28 PM by Kyle Ricky »

Offline USA4ME

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Re: Investment choices
« Reply #9 on: November 07, 2012, 01:58:50 PM »
Do you think that health care companies will survive Obamacare?  I hear not.

Yeah I do.

I got a lifelong friend who's top management in the health insurance industry.  When Obamacare was going on, I asked him what his companies position was on it, pro or con.  He said they didn't care; either way they won.

Picking stocks is a personal preference thing.  But, the OP asked so I gave my opinion.

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Offline J P Sousa

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Re: Investment choices
« Reply #10 on: November 07, 2012, 03:00:11 PM »
I recently moved into a REIT fund, High Dividend fund, and some Bond funds. I kept my health care fund because it seems to be holding it's own. I have also sold NON-dividend stocks and invested in dividend stocks. It's diversified enough so I don't need to watch it too closely. Some things go up, some go down.

This environment is a real crap-shoot. If I was younger, I would buy some real estate.  I look at it like the casino, if I make a little money........I cash out and look for something else.   
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Offline IassaFTots

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Re: Investment choices
« Reply #11 on: November 07, 2012, 08:54:48 PM »
The Healthcare companies will morph into companies that manage the HCR easy enough.  They already are.  CIGNA and BCBSTX have hired a lot of people, just to manage all of the red tape associated with it. 
R.I.P. LC and Crockspot.  Miss you guys.

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Offline zeitgeist

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Re: Investment choices
« Reply #12 on: November 15, 2012, 04:05:23 PM »
I thought some folk might like to read this article.  


Teaser Clip:

Quote


Obama Begins Push for New National Retirement System



A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.
 
The hearing, held in the Labor Department’s main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.

"This hearing was set up to explore why Americans are not saving as much for their retirement as they could," explains National Seniors Council National Director Robert Crone, "However, it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up."
 
A representative of the liberal Pension Rights Center, Rebecca Davis, testified that the government needs to get involved because 401k plans and IRAs are unfair to poor people. She demanded the Obama administration set up a "government-sponsored program administered by the PBGC (the governments’ Pension Benefit Guarantee Corporation)." She proclaimed that even "private annuities are problematic."
 
{snip }


Link:
http://www.nationalseniorscouncil.org/index.php?option=com_content&view=article&id=89%3Aobama-begins-push-for-new-national-retirement-system&catid=34%3Asocial-security&Itemid=62


I do not advocate giving or taking financial advice on the internet but will mention in passing that I recently investigated tactical funds as an alternative strategy for my TSP/IRA/401K ~ whatever.  In theoryyou miss the tops and bottoms of the market.  
« Last Edit: November 15, 2012, 04:08:01 PM by zeitgeist »
< watch this space for coming distractions >

Offline rich_t

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Re: Investment choices
« Reply #13 on: November 15, 2012, 04:55:47 PM »
I thought some folk might like to read this article.  


Teaser Clip:

I do not advocate giving or taking financial advice on the internet but will mention in passing that I recently investigated tactical funds as an alternative strategy for my TSP/IRA/401K ~ whatever.  In theoryyou miss the tops and bottoms of the market.  

I've been hearing about this for a while now.  It has been talked about since before Obama was elected.

But I'll tell you one thing, if it starts looking like it has serious consideration in the Congress, I'll cash out every dime in my 401K and IRA and pay the penalty.

"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline zeitgeist

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Re: Investment choices
« Reply #14 on: November 15, 2012, 05:09:45 PM »
I've been hearing about this for a while now.  It has been talked about since before Obama was elected.

But I'll tell you one thing, if it starts looking like it has serious consideration in the Congress, I'll cash out every dime in my 401K and IRA and pay the penalty.



National Health Care has been talked about since before Obama was elected too.  Somehow that didn't stop it from becoming law of the land.  Of course you might be able to cash out but then too you might find the assets frozen like Roosevelt did with gold.  Not trying to don the tinfoil but it could happen. At this point I wouldn't put anything past this crew.
< watch this space for coming distractions >

Offline vesta111

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Re: Investment choices
« Reply #15 on: November 19, 2012, 07:59:00 AM »
National Health Care has been talked about since before Obama was elected too.  Somehow that didn't stop it from becoming law of the land.  Of course you might be able to cash out but then too you might find the assets frozen like Roosevelt did with gold.  Not trying to don the tinfoil but it could happen. At this point I wouldn't put anything past this crew.

If I were 40 years younger I would invest in the Hemp industry that I believe will become a huge thing in 20 years from now.  I have been looking into the miracle plant---No you cannot smoke it for a high---and find this needs to be planted in the drought ravaged mid west and south west as it actually improves the soil to grow other crops on.

Those 80 year old hand embroidered curtains mom gave to me are made from Hemp.  Soft as a baby's bottom and seem to be impervious to bugs, climate or age. 

Today people are looking at the west coast and east coast to see how the the Pot growers are going to fare against the federal government over States Rights.   Sort of like the old time preachers that thundered against liquor and still held stock in whiskey company's.

Mom still has stocks from her grandmother that invested in that new fangled contraption called the telephone.  The stocks have split 50 times yet she still does this thing she calls clipping every year, I have no idea what she is talking about.

The new Algae farms that seem to be taking off are something to look into, just invest when one is young $100.00 and perhaps by the time you are near retirement you may find your stock is worth a hundred thousand dollars.