The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it.
The “Water Cooler” will be up Monday-Friday at noon.
QUESTION: Do you buy stocks and/or crypto currency? If so, which ones are your favorites?
Talk about it….
I’m betting on PG&E going back up into the $30 range by the next year or so
Stocks most definitely, DOT COM bust was a fun time. Is astounding how many tech companies from back in that time no longer exist.
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Broker made sales recently, . . . . .
he got some splainin to do.
Not good when stock goes up 58% in 30 days, SINCE he sold it.
I’d be wanting to know exactly who bought it… broker? family? hmmmmmmm
He manages a portion of retirement buyout, he buys and sells.
Thinkin’ he needs a little more supervision
Mutual funds yes, never stock picking for me. My boys talked me into putting a little bit in crypto a few years ago. It’s up 273 percent.
I have 100% of my investments in Bitcoin and I’m absolutely crushing it!!
Amateur investing, 100% in 1 thing is about as stupid as investing can get.
I was trolling for comments like yours lol
I wish I understood exactly how cryptocurrency works… and what is minimum amount needed to get into it. When I try to understand…I don’t seem to know the terms…or something?
I have a couple small amounts in stocks…let it go up go down go up….
Even the crypto sales guys can’t explain exactly how it works.
No stocks but holding crypto as it rides up high (mostly Ethereum). Couldnt afford bitcoin unfortunately.
Mutual Fund exclusively, no individual stocks or cryptocurrency.
I buy mutual funds and ETF. No cryptocurrency. I may be old, but crypto isn’t based on anything so I feel it is too volatile.
Investing should be done by everyone. It is the only way to get rich or at least retire. It’s how the rich get rich. Basic S&P 500 fund over 30 years should net you a nice nest egg.
I know of several people that wanted me to follow them into buying crypto – only to have them come back with their tail between their legs
Stocks are an absolutely legitimate portion of a well balanced portfolio.
I can’t speak to cryptocurrency, seems sketchy,
but I’m a conservative investor.
There’s value to be had out there but it takes work.And luck.
Cutting edge AI products have all been bought up and overvalued,
by ironically, AI trading tools.
Precious metals are a wash unless you were already
sitting on a bunch and I was not.
My advice? Marry rich.
Agree
Stocks, yes because I helped the startup I worked for go public. But seems if I invested in anything it would jinx that company.
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Crypto I’m been doing as an experiment for the last 3 or so years. I’ll see how well it worked out this coming year.
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I thought that most here believe in cash and stuffed their mattress with it. 😀
Stocks, bonds, investment real estate, CDs, cash and gold/silver. Most recently I’ve bought 1oz. gold bars from Costco, the price is cheaper than you’ll find elsewhere, and if you are an Executive Member and use the Costco charge card you get 4% back. So, you’ve bought gold at a price without a premium and instantly have ‘made’ 4%. In the last 3 months alone the bars have gone from $2400 to $2650 today. With the cash back, that’s ~$2300 to $2650 in 3 months, over 9% increase. In CA, there’s no sales tax on precious metal purchases over $2000, so make sure if you buy gold or silver you buy over $2000 at a time to get around taxes. The gold bars come and go at Concord Costco, you’ll find them in the jewelry cabinet, or you can buy at Costco.com.
If you have a retirement account such as a 401k or IRA, you are invested in the market. Outside of real estate, investing in the market offers the best return vs saving in a bank, having a money market account or CD. You should likely have some bonds as you get older, but their return is lower than stocks. Ideally you want to be diversified and have investments in different areas. If you’re unsure, having an index fund such as one that correlates with the S&P may be ideal, as it generally tracks the 500 largest companies. Historically the S&P has returned about 10% on average. Year to date it’s over 20% By the way, some investments pay dividends, which you can either collect or reinvest. Dividend reinvestment can be beneficial over time. Anything held over time will compound. Be aware there are taxes on investments, and some investments may have special handling come tax time. Also investments can have some costs involved. Ideally you want to keep costs low. Always try to research what you’re investing in. Higher return investments may have higher risks involved.
I have a house mutual funds, stocks, diamond, bank savings, money market and a few CD’s for quick cash. Finance 101 in any college/university will tell don’t have all investments in one place/source. Crypto is fantasy land. It;s just short of being a pyramid scheme At one point I thought of putting a couple of hundred into crypto for giggles but decided a new Coach bag would be better.
Yes, we purchased Bitcoin at the $14,000 level and also own Expedia, United Airlines, Nvidia, Tesla, Meta, and JPM. Those who are not into investing in real estate or stocks will be left behind. We have friends that only keep their money in checking and savings accounts. 😂
I have bought crypto, just to be part of the ride. I picked the wrong one, so it has been a lousy ride. I have bought many stocks over the years. I am not a pro, it shows, but I have done ok. Still buying stocks, and to ride the crypto coaster on its climb, I bought into a crypto fund. I just hope the fall is not as dramatic/severe as the climb.
just looked, I have 8×10^-5 bitcoin. I didn’t buy it, I was given it, for opening an account, or taking a quiz, or something like that. Wish I actually would’ve bought it instead of the PoS one I did buy, all I did was make my wallet “lite”
You all laughed at El Salvador.
At this rate El Salvador will enslave you all by 2026.
Stocks? Yes.
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The “fun money” portfolio includes BAC, AAPL, CSCO, WBD, T, HAL, CCL, MGM, RIV, AOFX, and MAC. It’s present value is about $400,000. About $30,000 in cash for shopping.
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Roth IRA is worth about $300,000
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No crypto. Never crypto.