Hogville Info
• 9,610,136 Posts
• 391,776 Topics
• 22,125 Hogvillians
THE RULES (Read 'em!)
Quick Links
Pick'Ems:Football      Basketball      Baseball
Sister Sites:Gridiron HistoryFearless Friday
Listen NOW:Game ON 103.3 
  
Pages: [1]   Go Down

Author Topic: Beginner Advice  (Read 221 times)

0 Members and 1 Guest are viewing this topic.

CSCSW

  • Walk-On
  • *
  • Karma: +1/-2
  • Offline Offline
  • Posts: 6
  • Surfing the web at Hogville.net
Beginner Advice
« on: February 06, 2018, 06:02:15 am »

Contemplating getting into the stock market, but I have some questions/concerns.

Without having a huge bankroll to back myself what I would essentially be doing is buying 1 dividend share now. Maybe buying another in two week, another in 2 months, etc.. is that worth it to start?

Would you diversify even at that starting point? So maybe have a few shares of this and a few of that? Or would you try to put all your eggs in one basket until you had a bigger money pool?


Any advice is welcome and appreciated!
Logged

golf2day

  • Hogvillian
  • ******
  • Karma: +318/-229
  • Offline Offline
  • Gender: Male
  • Posts: 1,885
  • Soon to be 1st coach in 50 yrs for UALR football!
Re: Beginner Advice
« Reply #1 on: February 06, 2018, 06:53:14 am »

All in one basket vs diversification is a personal decision based on your risk tolerance. Individual stocks are usually going to experience wider swings (volatility) than a diversified portfolio. If you choose diversification look into an etf like vanguards VTI. All the diversification you could want in one fund with one ticket charge.

Edited because my spellcheck is wee Todd did.
« Last Edit: February 06, 2018, 10:35:05 am by golf2day »
Logged

Sponsored Ad



Hogville encourages you to do business with the following...

HawgWild

  • All-American Hogvillian
  • *******
  • Karma: +256/-217
  • Offline Offline
  • Gender: Male
  • Posts: 4,810
  • Left lane, hammer down.
Re: Beginner Advice
« Reply #2 on: February 06, 2018, 12:03:13 pm »

I'm not the best advisor in this forum, Lord knows I've picked some duds over the years but let me suggest CNP, a public utility based in Houston. It currently paying a 4.25% dividend based on today's selling price. Utilities, often referred to as "widows and orphan" stocks, are not flashy but they're pretty dependable. There are a bunch of others out there but this is one I personally own and have for almost 30 years. Sign up for their DRIP and set back and watch.

And, FWIW, I bought my first shares of stock on Tuesday, October 20, 1987; Worthen Bank. So, don't be afraid to jump in. Just don't get too crazy.

Logged

Boardon Hamsay

  • Gold Hogvillian
  • *********
  • Karma: +1231/-723
  • Offline Offline
  • Gender: Male
  • Posts: 13,414
  • Semi-retired Eponymous Mod Accountability Manager
Re: Beginner Advice
« Reply #3 on: February 06, 2018, 04:15:51 pm »

I follow the Jim Cramer rule here. Put your first $10k in a low fee S&P500 Index fund (FUSEX, FUSVX, SPY, etc.). Reinvest the quarterly dividend and this is a solid, diversified way to start.
Logged

tasteslikechicken

  • Bench Warmer
  • ***
  • Karma: +8/-4
  • Offline Offline
  • Gender: Male
  • Posts: 116
  • Surfing the web at Hogville.net
Re: Beginner Advice
« Reply #4 on: February 07, 2018, 10:21:15 am »

I follow the Jim Cramer rule here. Put your first $10k in a low fee S&P500 Index fund (FUSEX, FUSVX, SPY, etc.). Reinvest the quarterly dividend and this is a solid, diversified way to start.

This is my advice too. Warren Buffet agrees also.
Logged

golf2day

  • Hogvillian
  • ******
  • Karma: +318/-229
  • Offline Offline
  • Gender: Male
  • Posts: 1,885
  • Soon to be 1st coach in 50 yrs for UALR football!
Re: Beginner Advice
« Reply #5 on: February 07, 2018, 09:22:38 pm »

Meh, Fusex and the other are just S&p 500 funds. VTI gives you access to all of those companies plus a small allocation to small caps, for less that half the expense ratio.

Splitting hairs, here. All are solid picks for just starting out.
Logged

onebadrubi

  • Gold Hogvillian
  • *********
  • Karma: +1279/-1366
  • Offline Offline
  • Posts: 14,897
  • Surfing the web at Hogville.net
Re: Beginner Advice
« Reply #6 on: February 08, 2018, 11:59:44 am »

Vti if with vanguard.  Low fees.


Itot if at fidelity and it's commish free. 

Once you hit 10k or so maybe look for a little international like ixus and then maybe a little bond fund to diversify. 
Logged

99toLife

  • Hall of Fame Hogvillian
  • *******
  • Karma: +832/-4752
  • Offline Offline
  • Posts: 12,191
  • Crazy Times Make Crazy people Crazier!!!!
Re: Beginner Advice
« Reply #7 on: February 08, 2018, 12:08:20 pm »

I follow the Jim Cramer rule here. Put your first $10k in a low fee S&P500 Index fund (FUSEX, FUSVX, SPY, etc.). Reinvest the quarterly dividend and this is a solid, diversified way to start.
This is a good way to get your feet wet. After you build up some capital and start to understand the different products available you may want to branch out a little in your portfolio.
Logged

HiggiePiggy

  • Hall of Fame Hogvillian
  • *******
  • Karma: +889/-1807
  • Offline Offline
  • Gender: Male
  • Posts: 11,800
  • Hope...
Re: Beginner Advice
« Reply #8 on: February 08, 2018, 05:18:43 pm »

Vti if with vanguard.  Low fees.


Itot if at fidelity and it's commish free. 

Once you hit 10k or so maybe look for a little international like ixus and then maybe a little bond fund to diversify. 

You can get VTI on robinhood.
Logged
Pages: [1]   Go Up
 

KARK
KWNA
Fox 16 Arkansas