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Start them young! Get those shares churning.

My son is 15 and when he was about 12 he bought LVLT after hearing Cramer recommend it as his aggressive stock of the year. Unfortunately, after some early success, the stock tanked and he's down over 60%. He's lost that loving feeling but he learned first hand that friends don't let friends buy and hold.
 
tsptalk said:
Start them young! Get those shares churning.........
He's lost that loving feeling but he learned first hand that friends don't let friends buy and hold.
Click to expand...
NICE!!:laugh:

Today's investment tool:

Certificate Of Deposit

What Does Certificate Of Deposit - CD Mean?
A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years. ~~Investopedia.com http://www.investopedia.com/terms/c/certificateofdeposit.asp

Some sites that review and advertise good rates:
http://cdrates.bankaholic.com/
http://www.getrichslowly.org/blog/2...posit-rates-current-cd-rates-at-online-banks/
http://www.bargaineering.com/articles/cd-rates


CD CALCULATOR:
http://www.calcxml.com/do/inv10
 
I plan on building one of these once I get enough money saved up.


CD Ladders: A Smart Savings Strategy

Linda Builds a Ladder

To understand how it works, let’s look at an example. Linda has $5,000 in excess cash and wants it to earn as much interest as possible without risking her principal. At the moment, her bank's five-year CD offers the highest rate, but she's nervous about locking up her money that long, and is wary of rates rising after she commits herself.
The ladder strategy directly addresses both concerns. As shown in the chart, instead of putting all her money in a five-year CD, she splits it among five different CDs, with terms ranging between one and five years. As each one matures, she reinvests the proceeds in a new five-year certificate.
View attachment 7004
By diversifying across five different CDs, Linda avoids an all-or-nothing bet that the current five-year rate is the best one that will be available over that time period. She also gains some liquidity: While each CD still has a penalty for early withdrawal, she'll never have to wait more than a year to access a portion of her money.
Put Your Rungs Close Together or Far Apart

Instead of a tall multi-year ladder, you can also create a shorter, more liquid one. For example, if you're holding cash for emergency needs, consider splitting it into three CDs with maturities ranging from one to three months. As each one matures, reinvest the proceeds in a new three-month CD. That way, you'll always be within a month of getting your hands on your money.
 
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Ladders are nice when you are in your retirement years. My parents started their CD ladder with budget excess. Now they have a monthly "bonus" which they use for fun.

I don't like the small returns during "young" investment years.....

However, I have done some math with my "liquid" money.

A person should have 6-8 months in the bank in case they have an emergency or face a lay-off.

If you put it in a CD you might get a few more pennies than a savings account and if you invest it on a monthly ladder for a 12 month rotation, then your "paycheck" will mature at the beginning of each month.

Good luck with that!:cool:
 
If you had 84 seven year CDs than I suppose you could get a nice paycheck every month? I can't even comprehend that kind of cash flow...
 
Investment is dedication and sacrifice.

Utilizing just CDs for investment and you got 2% APR on your investment it would take you this long to get 6 months of salary:

Salary: $50000
Mth Inv: $300
1st year:$3600
2nd year:$7272
3rd year:$11017
4th year:$14838
5th year:$18734
6th year:$22710
 
Got asked this question three times today:You told me to get out last week but the market did well today, Did I lose money?Example:Friday Morning --- Account worth $100,000 -- (100% C Fund)Friday Evening --- Account worth $97,120 -- (100% C Fund)Monday Evening-- Account worth $97,702.72--(100% C Fund)If you went G Fund on Friday:Friday Morning --- Account worth $100010 (100% G Fund)Even if you jump back in tomorrow, you would have been better out for those 2 days.Professor Frixxxx out!
 
Got asked this question three times today:You told me to get out last week but the market did well today, Did I lose money?
Example:
Friday Morning --- Account worth $100,000 -- (100% C Fund)
Friday Evening --- Account worth $97,120 -- (100% C Fund)
Monday Evening-- Account worth $97,702.72--(100% C Fund)

If you went G Fund on Friday:
Friday Morning --- Account worth $100010 (100% G Fund)</p>Even if you jump back in tomorrow, you would have been better out for those 2 days.

Professor Frixxxx out!

Wow formatting is screwed up today for me!
 
Continuing the assignment for my viewers~~~Added data for today
Example:
Friday Morning --- Account worth $100,000 -- (100% C Fund)
Friday Evening --- Account worth $97,120 -- (100% C Fund)
Monday Evening-- Account worth $97,702.72--(100% C Fund)
Tuesday Evening-- Account worth $98,816.53--(100% C Fund)

If you went G Fund on Friday:
Friday Evening --- Account worth $100010 (100% G Fund)
Tuesday Evening- Account worth $100030 (100% G Fund)
Even if you jump back in tomorrow, you would have been better out for those 3 days.

Professor Frixxxx out!

Wow formatting is screwed up today for me!
 
Frixxxx said:
Continuing the assignment for my viewers~~~Added data for today
Example:
Friday Morning --- Account worth $100,000 -- (100% C Fund)
Friday Evening --- Account worth $97,120 -- (100% C Fund)
Monday Evening-- Account worth $97,702.72--(100% C Fund)
Tuesday Evening-- Account worth $98,816.53--(100% C Fund)

If you went G Fund on Friday:
Friday Evening --- Account worth $100010 (100% G Fund)
Tuesday Evening- Account worth $100030 (100% G Fund)
Even if you jump back in tomorrow, you would have been better out for those 3 days.

Professor Frixxxx out!
Click to expand...

Thanks professor. I like these types of lessons.:D

Now we just need to know when we should go in for a substantial rally. Any clues?:D
 
malyla said:
Thanks professor. I like these types of lessons.:D

Now we just need to know when we should go in for a substantial rally. Any clues?
Click to expand...
Unemployment can not be trusted, if the Senate passes the bill for unemployment claims, then the House will pass it and all the people who have "fallen off" may suddenly appear on the books again.
Unemployment can't be trusted as an indicator right now.

Housing, prices up, interest rates down.....stagnate market.
HPI will make this market crash if it sinks below the -.3% forecasted.....

Harley-Davidson jumped +13%.:suspicious: If you stop making a third of your bikes, you're bound to make profit! (I ride a Harley)

GS seems forgiven even after 1/2 Billion fine...Can you imagine? Cost the market Trillions because of shadow banking and get that as your fine? Who's in jail again?

So, I'm glad I'm out this week cause benanke has two days of speaking to Congress and anything could happen.:worried:

Anyone heard from Geitner lately?:worried:

Either way Malyla~~~!!! If you're in good luck, If not, protect it! I'm out this week on purpose, but my purpose seems unjust right now!
 
Last post for my loyal viewers~~~Added data for today 21 Jul 2010
Example:
Friday Morning --- Account worth $100,000 -- (100% C Fund)
Friday Evening --- Account worth $97,120 -- (100% C Fund)
Monday Evening-- Account worth $97,702.72--(100% C Fund)
Tuesday Evening-- Account worth $98,816.53--(100% C Fund)
Wednesday Eve --Account worth $97,551.68--(100% C Fund)

If you went G Fund on Friday:
Friday Evening --- Account worth $100010 (100% G Fund)
Tuesday Evening- Account worth $100030 (100% G Fund)
Wednesday Eve-- Account worth $100040 (100% G Fund)

This is a SHORT term argument against Buy & Hold. Shares are worth what they are, buy low sell high!

When indicators are indisputable and you have the means to protect your money....choose wisely. Remember - "G" Fund make money daily. Not a lot but it is a winner everyday. But you risk losing on the big moves if you don't pay attention. There is enough free information here to make valid moves.

Bullitt, coolhand, Uptrend, & Tom give good financials. Pay attention and learn.:cool:

Professor Frixxxx out!
 
AAAAA~~ This is for the EXCEL illiterate!!!!!
Cell A1 -Type in value of account
Cell B1 -Type in the daily interest rate (+/-) in decimal 1.2% =.012
Cell C1 Type = then click A1 type * then click B1 Hit Enter
Cell D1 Type = A1+C1

Ta-Da, this is the change in value of your account!

VERY Last post for my loyal viewers~~~Added data for today 22 Jul 2010
Example:
Friday Morning --- Account worth $100,000 -- (100% C Fund)
Friday Evening --- Account worth $97,120 -- (100% C Fund)
Monday Evening-- Account worth $97,702.72--(100% C Fund)
Tuesday Evening-- Account worth $98,816.53--(100% C Fund)
Wednesday Eve --Account worth $97,551.68--(100% C Fund)
Thusrday Eve---- Account worth $99746.59-- (100% C Fund)

If you went G Fund on Friday:
Friday Evening --- Account worth $100010 (100% G Fund)
Tuesday Evening- Account worth $100030 (100% G Fund)
Wednesday Eve-- Account worth $100040 (100% G Fund)
Thursday Eve---- Account worth $100050 (100% G Fund)

This is a SHORT term argument against Buy & Hold. Shares are worth what they are, buy low sell high!

When indicators are indisputable and you have the means to protect your money....choose wisely. Remember - "G" Fund make money daily. Not a lot but it is a winner everyday. But you risk losing on the big moves if you don't pay attention. There is enough free information here to make valid moves.

Bullitt, coolhand, Uptrend, & Tom give good financials. Pay attention and learn.:cool:
Sorry for ignoring JTH, He gives great advice too!
Professor Frixxxx out!
 
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