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Personal Finance and Investing - beBee

Personal Finance and Investing

~ 100 buzzes
This hive is for anyone looking to learn or share about personal finance and investing.
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  1. Jennifer Schultz
    Interesting piece - and shows how you never know what some employers motives are.
    Is your employer using your own 401(k) plan to rip you off?
    Jennifer Schultz
    Is your employer using your own 401(k) plan to rip you off?
    www.yahoo.com Wells Fargo isn't the only U.S. firm that's profited illegally off its employees. Here's how to check whether your boss is self-dealing at your...
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    Jared Wiese ๐Ÿ
    02/12/2016 #2 Jared Wiese ๐Ÿ
    This is YOUR RETIREMENT $, folks. So important and so much you can do about it!

    Sharing all over...
    Randy Keho
    02/12/2016 #1 Randy Keho
    401k plans have been a ripoff from the beginning.
    Anything subject to fluctuations in the market is a gamble at best. Ask anybody near retirement age.
  2. Jared Wiese ๐Ÿ
    How to Get Filthy Rich Quick - 4 Hour Work Week and Rich Dad Poor Dad Money Making Ideas
    How to Get Filthy Rich Quick - 4 Hour Work Week and Rich Dad Poor Dad Money Making Ideas Learning how to get rich in a short amount of time if youโ€™ve ever read The 4 Hour Work Week or Rich Dad Poor Dad. The book, written by Tim Ferriss and...
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  3. Jared Wiese ๐Ÿ
    Jim Rohn - How to Attain Financial Freedom (Jim Rohn Personal Development)
    Jim Rohn - How to Attain Financial Freedom (Jim Rohn Personal Development) Jim Rohn - How to Attain Financial Freedom (Jim Rohn Personal Development) Learn more detail - Please Click Here to Get Your Free Book:...
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  4. Jared Wiese ๐Ÿ
    Jim Rohn: The Philosophy of the Rich and the Poor (Jim Rohn Personal Development)
    Jim Rohn: The Philosophy of the Rich and the Poor (Jim Rohn Personal Development) Jim Rohn: The Philosophy of the Rich and the Poor (Jim Rohn Personal Development) Learn more detail - Please Click Here to Get Your Free Book:...
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  5. Jared Wiese ๐Ÿ
    Robin Powell on LinkedIn shared an update/conversation (www.linkedin.com/hp/update/6190937869566164993):

    "The 0.00% fund fee has finally arrived. How about *negative* fund fees? Why not, says Jason Zweig"...
    Jared Wiese ๐Ÿ
    The ETF With the 0.00% Fee
    blogs.wsj.com This past week, BlackRock, the worldโ€™s largest asset manager, cut management fees on some of its iShares exchange-traded funds to as low as 0.04%. But why stop there? And why stop at...
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    Keith Bare
    24/10/2016 #5 Keith Bare
    #4 Generate Capital CEO Jigar Shah is my new #SugarDaddy in Hydrogen giving PLUG loans based on Walmart accounts receivables!!! Walmart has signed for over 100 million in 2017, 18-24 Distribution Centers and over 5000 more Hydrogen Forklifts
    Jared Wiese ๐Ÿ
    24/10/2016 #4 Jared Wiese ๐Ÿ
    #3 Well, that speaks volumes! Congrats.
    Keith Bare
    24/10/2016 #3 Keith Bare
    Blackrock own 9.4 million shares of my $PLUG Power, they are the largest shareholder
    Jared Wiese ๐Ÿ
    10/10/2016 #2 Jared Wiese ๐Ÿ
    Sharing in investments
    Jared Wiese ๐Ÿ
    10/10/2016 #1 Jared Wiese ๐Ÿ
    Sharing in Investing
  6. Jared Wiese ๐Ÿ
    Robin Powell posted this observation on LI:

    "Jack Bogle may or may not be right when he says we're heading for an era of lower returns. If he is, it'll be all the more important to keep costs low"
    I would agree!

    by Christine Benz at Morningstar.
    Bogle Forecasts Low Stock and Bond Market Returns
    Bogle Forecasts Low Stock and Bond Market Returns Warning of 'much lower market returns' ahead, Vanguard founder Jack Bogle urges investors to seek low-cost investment products. For all Morningstar videos:...
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  7. ProducerJared Wiese ๐Ÿ
    How to Invest Better and Safer Than Warren Buffett
    How to Invest Better and Safer Than Warren BuffettThis post is both a 10-point critique of the Ultimate Cheat Sheet for Investing post from James Altucher, coupled with better tips I have learned over the years about investing. The gist? Someone who bought an S 500 fund... would have made...
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    Comments

    Ben Pinto
    01/10/2016 #8 Ben Pinto
    I agree Dean about the deep pockets. It is just like people that go to a casino with a gMbling strategy. If they had the money to match the casino and were allowed to bet it - a strategy could help, but if one has bottomless pockets then no need in having bottomless shorts. LOL #6
    Jared Wiese ๐Ÿ
    28/09/2016 #7 Jared Wiese ๐Ÿ
    #6 Likewise, I'm no expert, but always curious... Sure, would love to hear about it. Send me a message?
    Dean Owen
    28/09/2016 #6 Dean Owen
    #5 Hi Jared, I am by no means an expert on Warren Buffet, but having casually watched his trades over the last few decades I think there are important lessons to be drawn, like not getting involved in things you don't understand, having a long term horizon etc. He is greedy, not for himself, but for his shareholders. He does have access to information but also makes it a point to meet with the CEOs of the companies he invests in. But I think ordinary investors would have a hard time emulating his trading strategies as they require deep pockets to be able to withstand the potential drawdowns on individual stocks. I watched one of his investments, BYD, drop from 90 down to 20 and he didn't even flinch. Investors can certainly buy BRK-B as an alternative, but I would recommend waiting for the next financial crisis as an entry point to accumulate long term long positions in anything. As for me, I trade markets that have been trending sideways and employ put and call warrants to capture peaks and troughs. The Hang Seng has had a pretty good run up these last few months, so it's time to go long puts I think, as there is usually a correction. I use Fibonacci, Bollinger Bands, RSI and other technical analysis tools to predict retracements, support/resistance etc. I'd love to hear your opinion on a trading strategy I thought of, based on probabilities.
    Jared Wiese ๐Ÿ
    28/09/2016 #5 Jared Wiese ๐Ÿ
    Hi @Dean Owen. I cleaned up my article a bit. Thanks for all the great comments and the link to your post!

    Even though he said โ€œBe Greedy when others are Fearfulโ€ you pointed out that 'personal greed plays no part in what motivates the 86 year old'. When buying oil or anything for that matter, 'no doubt a calculated decision that was derived from a meticulous bottom up analysis of the company at stake.' That seems to be his classic value approach.
    Yet it appears he made that realization the hard way. Odd that he kept buying Conoco when it was already hitting peaks. Perhaps goes to the point that even with all his research, one never knows.

    Per this Forbes article that I read recently, http://www.forbes.com/sites/moneybuilder/2013/05/08/the-worst-investment-of-warren-buffetts-career/#335d54a2227c, he actually feels buying Berkshire Hathaway was his biggest mistake! If he had not, he'd be worth double. It was an ego thing!
    I'd say he learned to stick to his forte of crunching the numbers, finding value and then 'usually' buying low.

    I was also missing a link, http://www.marketwatch.com/story/warren-buffett-to-heirs-put-my-estate-in-index-funds-2014-03-13:

    "you and I aren't Warren Buffett.

    The researchers put it this way:
    Warren Buffett's record by the start of our sample period strongly suggests he is a gifted trader. His success in subsequent years in generating abnormal returns doesn't in itself imply market inefficiency. Rather such returns can be construed as compensation for his extraordinary talent and acquisition of private information.

    Do you have access to the same private information as Warren Buffett? Do you have his level of investing skill? Does your financial adviser?"


    You mention a long put. Are you seeing the Big Short all over again ;)
    Dean Owen
    28/09/2016 #3 Dean Owen
    #2 like I say, everyone thinks they are a genius in a bull market (US) and that strategy has done well. But it would not have done well in the markets I trade (Japan/HK/China) where one needs to be adept in the warrant market (I am currently long puts)
    Jared Wiese ๐Ÿ
    28/09/2016 #2 Jared Wiese ๐Ÿ
    #1 Ah, but that's just it: you're always riding on someone's coattails. Better to go passive, low cost indexes, set it and forget it!
    Dean Owen
    28/09/2016 #1 Dean Owen
    There is some great advice here, but as with everything in life, timing and location. Everyone thinks they are a genius in a bull market. For me, Buffet sums it up best with his "Be greedy when others are fearful". His timing is impeccable and he buying spree starting early 2009 a few months after the Lehman collapse was brilliant (although he most likely was talking to Geitner/Paulson quite often back then). I try to ride his coat-tails, but it requires huge gonads to not employ stop losses. Doing well with BYD, a Chinese electric car automaker that Buffet has a heavy stake in.
  8. Jared Wiese ๐Ÿ
    https://www.bebee.com/producer/@jaredwiese/10-rules-to-invest-your-money-or-1-word-indexes
    Jared Wiese ๐Ÿ
    10 Rules to Invest Your Money... OR 1 Word: INDEXES
    www.bebee.com One of the best articles I've seen on the rules and mindset of #investing. It comes from Kathleen Elkins on http://www.businessinsider.com In...
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    Jared Wiese ๐Ÿ
    04/10/2016 #2 Jared Wiese ๐Ÿ
    You work hard. Shouldn't your money work hard too?

    See my story/honey:
    https://www.bebee.com/producer/@jaredwiese/10-rules-to-invest-your-money-or-1-word-indexes