+50.40 on my MPC stock for the year.
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Anyone moving stocks to more conservative safe haven areas?
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Originally posted by Tejas Wildlife View PostBut move where????
I bought $1k and plan on adding some here and there.
(just added another $50.00)
From their site (after log in)-
Savings Bond Rates:
Bonds issued May-October 2022
Series EE - 0.10 % *
Series I - 9.62 %
9.62%, it moves from what I've read - and will have to hold over 1 year to pull without penalty and if under 5 "There is a 3-month interest penalty if you cash an EE or I Bond within the first five years from its issue date.".
I ain't saying this is the way to go, but don't see how it can "hurt".
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Originally posted by Pedernal View PostFor those that are investors, how did you learn to evaluate companies/stocks?? Books?? Watching financial news type shows?? Please throw a blind squirrel a nut!
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Originally posted by DaveC View PostWell if I had your money I'd burn mine
MPC, has an 83% buy on Robinhood Analyst Ratings- pretty high score.
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Originally posted by Pedernal View PostFor those that are investors, how did you learn to evaluate companies/stocks?? Books?? Watching financial news type shows?? Please throw a blind squirrel a nut!
Put about 6% of your yearly income into a S&P Index fund and let it grow. As you get closer to retirement 5 years or so out start moving 5 to 10% percent a year into cash balance or some other type of safer investment until you get about 1 to 2 years away and then have 70 to 80% in something safe.
The advice above is fool proof. It isn't flashy or the cool thing, but if you do this for 35 to 40 years you will retire a millionaire.
The stock market along with compound interest is a great thing! You can never make up time so start early!
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I’ll add, also invest into S&P weekly or monthly, doing a cost average.
Originally posted by Killer View PostDon't need to study anything.
Put about 6% of your yearly income into a S&P Index fund and let it grow. As you get closer to retirement 5 years or so out start moving 5 to 10% percent a year into cash balance or some other type of safer investment until you get about 1 to 2 years away and then have 70 to 80% in something safe.
The advice above is fool proof. It isn't flashy or the cool thing, but if you do this for 35 to 40 years you will retire a millionaire.
The stock market along with compound interest is a great thing! You can never make up time so start early!
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