Interesting....

Btw, everyone who responded is awesome

I'm less confused now.

So wtf would anyone buy a mutual fund? Less variance?

ignorance

Everybody thinks they are smarter than the market. Almost nobody is.

You may also want to look into investing in Aquarium Inc. a company that has shown a steady profit since its founding by selling so called "tamper proof glass". I love their commercials and their slogan. "It cracks me up when they crack" and "If you're on crack, you let it crack"

They are said to strike it big this year as they are rumored to have a patent on an automatic fish-feeder (the 3MONTH-O-MATIC) that will hit the market this year.

qft

Zero,

Another option, if you want to be diversified without getting involved is go to Vanguard and invest in one of their TARGET RETIREMENT 9999 funds, where 9999 is within 5 years of when you think you will need/want the money. They do all the diversification for you and slowly move more money into bonds (reducing your overall risk) as you get closer to the date. You really don't need to do anything. You can find similar funds with Fidelity, I believe.

It's what I have strongly advised both of my kids do, when I die. Because I am pretty sure neither of them have a clue about mutual funds or investing. It's easy open the account, and you really don't have to worry about asset allocation or anything else. They pretty much do it all within that one fund.

How much action would you put on a bet with a 5-year term?

What can you offer
Btw, I'm much less confident about anything that is > 2 years.

p.s.: Amp, if I lose I'll hand over the bill in person.

UGHUHGUHGUGHUGHGUHGUGHUGUGHUGHUGHUGHUHUGHU

DURROOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!!!!!

i just sent someone a pm with the word ******* in it, and its CENSORED!! and i KNOW YOU ARE RESPONSIBLE FOR THIS considering how many times we have discussed this word and its UNCENSORED status and usage.

DAMN IT!!!!!!!! you take EVERYTHING from me that i LLLOOOOOOOOOVVVEEEEEE........ give me back my *******!!!!!!!

ps- ()

what

My gig went well last week.

You know what? It's pretty freaking cool to get paid to play. Now I need to get more gigs so I can get paid more to play.

If one of you ballas will start an orchestra, I'll be your principal horn player.

So, I went for a job interview today. PHP developer.

I'm not exactly blown away by the interview, but I hope something good comes out of a second interview, if I get one. This is what I'd rather be doing, but I have no intention of leaving my good, secure, dull as dog-**** job unless I know it's for a good situation.

It's a nice feeling to be job hunting when you're in a good situation. You know you can cherry pick opportunities until you find the one you want.

i call drums/percussion

Ayayay, too many words.

Zero: buy funds not stocks. Index funds, as amp suggested, are preferable as they have lower fees, and mutual funds do not outperform the indexes they track to on average.

One problem is there are no index funds (at least that I know of) for foreign (read that developing nation) markets. IMO, those markets are a great place to have at least some of your portfolio.

Here are the two basic premises of protfolio management:
A dollar today is worth more than a dollar tomorrow.
A safe dollar is worth more than a risky dollar.

The whole game is balancing risk and reward, and how to best balance those two items depends on personality.

CPFB is the Kimbo Slice of French Horn.

omfg, i have a ****ton of money and i need halp investing too. ive read some books but halp. srsly. aim/skype me, i promise hot chats for dividend advice.

you're an *******

but i love you anyway

p.s. i had nothing to do with this

ass hole ?

Amp, just to be clear. We're talking about this:
Gold: http://finance.yahoo.com/q/bc?s=^YHOh714&t=1d
S&P: http://finance.yahoo.com/q/bc?s=%5EGSPC&t=1d

p.s.: Gold up 4.58% today, weeeeee

I don't understand that, I currently get $927.7 from http://goldprice.org, why does that chart have a huge discontinuity, seemingly random price that doesn't match a quote on gold anywhere else and no history? Something wrong there.

The trouble I have with gold, is what happens if people got up one day and decided they didn't like gold jewellery?

Gold (huh!) What is it good for? Absolutely Nothing!

Lol yahoo, goldprice.org matches my paper so it's fine for me. Which tracker do you want for the S&P?

kokiri: What if people decided one day they don't want to "search on the internet anymore" ...

http://money.cnn.com/data/markets/sandp/? is fine