Originally posted by: Aria Giovanni.pZ I @ Mutual Funds outside company matched programs.
Then what would you recommend for someone that can only put in $25-$50 per month?
I'd say a DRIP, but who the fuck knows what the tax on dividends will be in the future.
Advantages of Drips:
Drips give a cost effective way for Fools to put stock dividends to a better use -- purchasing more shares of the company rather than simply spending the money or having it sit in a money-market account. Almost all DRPs allow dividends to be reinvested at no fee.
Most companies allow investors to purchase additional shares through a Dividend Reinvestment Plan for nominal fees -- or often no fee at all. These are called Optional Cash Purchase Plans (OCPs).
Many Optional Cash Purchase Plans have very low minimum investments, allowing almost a Fool to purchase stock regardless of how much money they have. The amounts to participate can be as low as $10. There are limits on almost all of these plans, although many of them are in the thousands of dollars per quarter range -- well outside what the average Fool could invest.
Over 100 companies have DRPs that allow investors to purchase stock at a discount to the current market price. These discounts can range anywhere from one to ten percent. This gives investors an immediate return on their investment and sometimes balances out any fees associated with setting up the DRP or buying the stock. Some companies, however, only discount shares bought with dividends, not new shares.
DRIPs "force" investors to buy stock on a regular basis and hold on to that stock. As a result, investors adopt a long-term horizon and often invest small amounts of money on a regular basis -- money that they usually don't even miss.
Or when you get $600, buy 1/4 oz Gold South African Krugerrand - Random Year for $439 as of today.
Sometimes money is just better spent on improving your quality of life now. Maybe education or a hobby that could turn profitable.
Now is a great time to either hold money and watch it get burned by inflation.......be it in cash under your mattress, in a CD, a T-Bill, or a bond (at ~1%).
Gamble and speculate it.....either in mutual funds and the stock market........or at a black jack/craps table in Vegas (about the same odds).
Put it into something that hedges against the inevitable decline of the dollar and will appreciate in price over time......like metals, guns, bullets.......or even cheap foreclosed housing.
Or spend it on something that makes you happy and improves your immediate quality of life.
This is where my tax return went.....
Now I can make my own Apocalypto flavored hombrewed beer, moonshine, or even meth if the economy calls for it.
Originally posted by: Cocytus I'd say a DRIP, but who the fuck knows what the tax on dividends will be in the future.
You can DRIP with any investment that pays dividends. That includes individual stocks, index funds, mutual funds, those same things in IRAs, Roth IRAs and 401(k)s.
To DRIP just means instead of taking the cash from the dividend payment, you re-invest that back into the thing from which it came.
i.e. You own shares of Johnson & Johnson stock. It pays a quarterly dividend of $0.15 per share. You own 100 shares and each quarter you get $15 and just dump that into buying however many shares you can get for $15.
Originally posted by: RomneyBot Cobalt you also don't and never will have a woman in your life. That'll save you thousands.
Amen to that. If any other person on the planet expects me to pay their way, or leech off my earnings as I endure the 9-to-5 rat race, they are sadly mistaken.
Want a new car, diamond necklace, or some other expensive thing? They can go earn it themself. I'll do likewise.
Originally posted by: RomneyBot Cobalt you also don't and never will have a woman in your life. That'll save you thousands.
Amen to that. If any other person on the planet expects me to pay their way, or leech off my earnings as I endure the 9-to-5 rat race, they are sadly mistaken.
Want a new car, diamond necklace, or some other expensive thing? They can go earn it themself. I'll do likewise.
Originally posted by: RomneyBot Cobalt you also don't and never will have a woman in your life. That'll save you thousands.
Amen to that. If any other person on the planet expects me to pay their way, or leech off my earnings as I endure the 9-to-5 rat race, they are sadly mistaken.
Want a new car, diamond necklace, or some other expensive thing? They can go earn it themself. I'll do likewise.
That will get your dick sucked for sure! lol
That's what hookers and escorts are for! Remember...you're not paying a hooker for sex, you're paying her to leave afterwards!
Originally posted by: RomneyBot Cobalt you also don't and never will have a woman in your life. That'll save you thousands.
Amen to that. If any other person on the planet expects me to pay their way, or leech off my earnings as I endure the 9-to-5 rat race, they are sadly mistaken.
Want a new car, diamond necklace, or some other expensive thing? They can go earn it themself. I'll do likewise.
That will get your dick sucked for sure! lol
That's what hookers and escorts are for! Remember...you're not paying a hooker for sex, you're paying her to leave afterwards!
The Secret Service will be calling you with a job offer.
Originally posted by: Aria Giovanni.pZ I @ Mutual Funds outside company matched programs.
Then what would you recommend for someone that can only put in $25-$50 per month?
Bullets.......because they are going up in price faster than any stock out there.
I just bought solid copper sabot 12g rounds that were the same price they were last year at this time.
And I just bought a 12 pack of Sierra Nevada Bigfoot for 7.99..........over 4 bucks cheaper than anywhere else in town because the owner put the wrong price on it.
Most people will tell you that bullet prices are on the rise, not the fall, over the past few years.
Is it a real trend, or yet another speculatory bubble?
Perhaps a bit of both......and the government blank check buying up ammo isn't helping IMO........
More guns being sold than ever = more bullets being sold than ever...........
With that said........the cost to make bullets should be down because of another dip in copper prices.
But with such massive demand it is hard for supply to keep up.
Perhaps after 2012, when the world doesn't end in Apocalypse, this trend will change........but then they will always have another four more years of Obama to worry about.
I'm doing my part to drive up the cost of ammo. Currently have about 65,000 rounds of 5.56, 7.62, 9mm, and .45. I will be the last to fall to the Zombies or my own government, whichever comes first...
Water Demon Going to Hell? I'll Bring the 3 Inch TeamWarfare Vet
Originally posted by: Smiling Canadian I'm doing my part to drive up the cost of ammo. Currently have about 65,000 rounds of 5.56, 7.62, 9mm, and .45. I will be the last to fall to the Zombies or my own government, whichever comes first...
The zombies will be the tool of the government...
_________________
See through the propaganda. Stop empowering and enriching the state by cheering its wars. Set aside the television talking points. Look at the world anew, without the prejudices of the past, and without favoring your own government’s version of things. Be decent. Be human. Do not be deceived by the Joe Bidens, the John McCains, the Barack Obamas and Hillary Clintons. Reject the biggest government program of them all. Peace builds. War destroys.
-Lew Rockwell
@ Mutual Funds outside company matched programs.
