Ford Stock

[Badgertits]

I bought in several years back at around $15, which makes me the biggest loser here so far. Ugh. It's the worst performer in my portfolio. Every time it think it can't get worse, it does. Fortunately my Raptor is a better performer.

So then you really got no choice - BUY BABY BUY!!!! LOL

You bought the Raptor at least, & that's gotta help somewhat

 

[costnsg]

48,000 miles on a 2017 and still love driving this truck. Yes, much more impressive than the company stock. It is time to invest in the market, but I can't bring myself to get more F stock.

 

[Jace21583]

and the goal of the fund is to take your money & post returns just good enough to slightly outpace the market (if your lucky) while padding their wallets w/ the fees- another legit concern w/ investing in mutual funds esp if you’re younger? They’re dinosaurs- the mgmt group may not even be around in 5-10 years as everyone slows comes to the simple realization- they’re a rip off. For similar fees you could just go to a financial advisor group you deal w/ one on one or on phone let them take the 1% & manage your portfolio while actually having some transparency. What also sucks about mutual funds besides not truly knowing what your invested in, & charging you up the ass in fees, is they’re not as liquid & you can’t bail on em as easily in times like these to deploy fresh capital & buy more stock. I have some mutual funds in my portfolio- no friggin clue what they’ll be trading @ tomorrow morning come 930, & looking at it that way- they’re the opposite of “safe” investments IMO.

Course you could argue ETFs are great if you time the buy right (now would be a good time) & have a diversified (or lucky) mix of exposure. While the fees are extremely low, have to be weary in terms of how popular/widespread ETFs are & that a lot of “knee jerk reaction” trading goes on in the background by robotrading/algorithms which can add unnecessary volatility.


Which brings me to where I’m in agreement w/ ya- how many people you know who got rich (not MAINTAINED their wealth) buying mutual funds OR ETF’s? I’m sure same as me- none. I am sure many people know someone who got wealthy buying STOCKS. Gotta grow a pair. Gotta have long term outlook. But unless you wanna try your hand in real estate (which can also crumble) or app making I can’t think of any other good legal way to
“Get rich quick”

that being said? I may buy some Ford stock now. I’m adding to all my positions- 6-18% dips in 48 hrs across all holdings necessitates it.

love the divvy paying stuff- the aristocrat stocks, REITs, quality spider/Schwab/vanguard high yield funds. Adding 10% more to my VYM position just before responding to this!

Not sure if Ford is going to be a much better company in a year, but I am sure if there was a time to buy in- now isn’t a bad one. And if you do buy it- like everyone says- HOLD it!!

Geez where to even begin with this. First off i wasnt sugggesting the op put all their money into funds. The point of a fund isnt to pad the wallet of a fund company, its to pay for professional mgmt, avoid broker trading fees, and not put all your money into a single stock or purchasing a bond and holding it until its maturity or its called, which helps create a smoother growth curve. Not sure which fly by night funds youre looking at but going with someone like blackrock, jpmorgan, vanguard or even american funds would be fine. If you read the summary prospectus you should easily understand the goal of the fund, if you want to dig deeper for full transparency and to see whats held in the fund read a little more into it and you can see how the fund runs.

Theres no good or bad age for someone to get into a mutual fund, seeing as that most employer sponsored retirement plans are funds. As far as dealing with an advisor one on one they could be gone in 5-10 years so youre not much better off there, plus they usually have account minimums to work with a managed account, usually somewhere around 50k and up, or youre stuck dealing with a call center in which nobodys managing your portfolio. Of course liquidity is an issue, t+3, but mutual funds are not meant to be day traded.

Most normal people build and maintain wealth through mfs so i cant agree with you there, again nobody was talking about getting rich quick/overnight. id love to discuss this more with you in depth if youd like to continue just pm me.

 

[Badgertits]

Geez where to even begin with this. First off i wasnt sugggesting the op put all their money into funds. The point of a fund isnt to pad the wallet of a fund company, its to pay for professional mgmt, avoid broker trading fees, and not put all your money into a single stock or purchasing a bond and holding it until its maturity or its called, which helps create a smoother growth curve. Not sure which fly by night funds youre looking at but going with someone like blackrock, jpmorgan, vanguard or even american funds would be fine. If you read the summary prospectus you should easily understand the goal of the fund, if you want to dig deeper for full transparency and to see whats held in the fund read a little more into it and you can see how the fund runs.

Theres no good or bad age for someone to get into a mutual fund, seeing as that most employer sponsored retirement plans are funds. As far as dealing with an advisor one on one they could be gone in 5-10 years so youre not much better off there, plus they usually have account minimums to work with a managed account, usually somewhere around 50k and up, or youre stuck dealing with a call center in which nobodys managing your portfolio. Of course liquidity is an issue, t+3, but mutual funds are not meant to be day traded.

Most normal people build and maintain wealth through mfs so i cant agree with you there, again nobody was talking about getting rich quick/overnight. id love to discuss this more with you in depth if youd like to continue just pm me.

lol yeah actually didn't mean to come off disparaging was just venting in a way b/c keep hearing people complainig about stock market or - more recently - "thats why I don't put my money in the wall street casino, SEE!!!" lol - basically what I'm getting at is you could poke holes in any investment strategy - but almost any investment strategy in the stock market is going to beat the hell out of a bond/CD/annuity/savings account mix. I look at it this way, I could sit & watch ALL my wealth tied up in the stock market erodein front of me & as long as I put in sell order for the entire portfolio @ 3.5% weight avg. unrealized gain? I'm still ahead of the curve vs. any idiot sticking all their $$$ in treasury bonds & savings accounts.

 

[Jace21583]

lol yeah actually didn't mean to come off disparaging was just venting in a way b/c keep hearing people complainig about stock market or - more recently - "thats why I don't put my money in the wall street casino, SEE!!!" lol - basically what I'm getting at is you could poke holes in any investment strategy - but almost any investment strategy in the stock market is going to beat the hell out of a bond/CD/annuity/savings account mix. I look at it this way, I could sit & watch ALL my wealth tied up in the stock market erodein front of me & as long as I put in sell order for the entire portfolio @ 3.5% weight avg. unrealized gain? I'm still ahead of the curve vs. any idiot sticking all their $$$ in treasury bonds & savings accounts.

Sure for capital appreciation those are all poor options, not so much for preservation of assets. Annuities are a multifaceted product these days and are used for many different things like guaranteed income or some type of guaranteed death benefit for a beneficiary. I wouldn't call people idiots, there's just a time and place for different products and strategies. Not sure if you were ever licensed to recommend or sell any investment products.

 

[BaseRaptor]

Fords stock hit a 10-year low today at $6.97. Will it hit $5.00?

 

[Badgertits]

Sure for capital appreciation those are all poor options, not so much for preservation of assets. Annuities are a multifaceted product these days and are used for many different things like guaranteed income or some type of guaranteed death benefit for a beneficiary. I wouldn't call people idiots, there's just a time and place for different products and strategies. Not sure if you were ever licensed to recommend or sell any investment products.

Negative. Don't need to be. Gave up my financial advisor when my personal portfolio started beating their managed portfolio by double digits - and this guy also sold an old TSLA stake I had, the other position I held @ $280 was liquidated @ $888 thank you Elon ;-)

I bet you're an advocate for whole life insurance then? I do have some of that.....

But to the subject? Yeah Ford has more room to drop in this environment for sure.

 

[Kuan]

The news continues to get worse around Ford. Jim Farley stated:
"We have to fix a number of things," he said, citing delayed launches and the company's recent $5 billion in expenses to cover warranties. "Our warranty spending is a big opportunity for us." He said the company has a plan to address the costs without citing specific examples.

 

[Jace21583]

Negative. Don't need to be. Gave up my financial advisor when my personal portfolio started beating their managed portfolio by double digits - and this guy also sold an old TSLA stake I had, the other position I held @ $280 was liquidated @ $888 thank you Elon ;-)

I bet you're an advocate for whole life insurance then? I do have some of that.....

But to the subject? Yeah Ford has more room to drop in this environment for sure.

Yeah I agree Ford can still dip some more. Whole life has its place for the right person. I wasn't an insurance agent who sold funds and called my self an advisor lol

 

[Denvertaco07]

Got a limit order in for tomorrow.