Stock market investments now or later and who?

Bought some apple, Conoco Phillips and Berkshire B this afternoon. Good stocks that will all come back
 
Will Carter said:
Didn’t we hit this and go long again?
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IMG_8365.png

Shit far.
 
Will Carter said:
Next stop 552.67
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Forgot to take my dopamine hit and say cha-ching on Monday.
Screenshot 2025-04-30 161532.png


Tuesday last week was a good buy the close for converging targets to the 552 area. Good risk reward.
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I trust you've all been long since April 9:
Will Carter said:
We're on the buy as of 12:30. Let's see if the daily closes nice and buy some more.
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We get to update our profit targets today. Next stop 600-ish (lot's of converging stuff between 597 and 602 depending on how you want to measure your chart) on Spy. Might be a fight around 570 for a day or two but all of those fighters have made plenty of money the past month so it might not be too bad.

Current stop loss is 508.45. Go buy something.
 
A pretty sweet SPY trade would limit buy 553.07. Stop 531.09. Take your money at 597.02.

There's several reasons this might work out. Big one is there's a crap ton of stuck bears at 552.72 (I was one of them yesterday morning) who are looking for sweet relief to get out break even.
 
Getting back to the prior intent of this thread...

In case it is useful for anyone, I recently learned that Northeastern Mutual prices their fees according to the scale of the managed amount (e.g. something like 1.5% for small accounts, but only 0.8% if >$2.5 mil ). This is common. They have a deal where they will consider familial accounts to be a single grouping for the sake of fees, despite being independently managed and billed etc. So for instance my dad and aunt have separate accounts, but together they are in a much lower cost tier. That incentivizes me to join them NWM bc I can also get that lower fee.
 
RatLabGuy said:
Getting back to the prior intent of this thread...

In case it is useful for anyone, I recently learned that Northeastern Mutual prices their fees according to the scale of the managed amount (e.g. something like 1.5% for small accounts, but only 0.8% if >$2.5 mil ). This is common. They have a deal where they will consider familial accounts to be a single grouping for the sake of fees, despite being independently managed and billed etc. So for instance my dad and aunt have separate accounts, but together they are in a much lower cost tier. That incentivizes me to join them NWM bc I can also get that lower fee.
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Did you actually put capital into Northeastern Mutual? Or are you just paying a premium on your cash value of your life insurance? Are you paying 1.5% and a premium?

Edit: Northwestern?

Edit edit: I guess what I'm asking is what's your money holding? Northwestern Mutual doesn't offer their own mutual funds. They offer VUL insurance policies and stuff where the underlying invested asset is... you guessed it... SP500, Russell, SP400, Nasdaq
 
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Will Carter said:
Edit edit: I guess what I'm asking is what's your money holding? Northwestern Mutual doesn't offer their own mutual funds. They offer VUL insurance policies and stuff where the underlying invested asset is... you guessed it... SP500, Russell, SP400, Nasdaq
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I haven't given them anything yet. Dad has a guy he uses as a financial advisor. My understanding is that guy is managing his portfolio for him. He gets regular reports of the value, changes, etc. Guy makles recommendations like, "hey you're probably better off doing X, Y, and Z." What he really uses them for is getting insight on where best ways to minimize the tax situation for the whole family estate - the value point of converting IRAs to Roth so the later generations don't get hit w/ a tax bomb, or the break even value of long-term care insurance and such. I have no idea what the underlying investments actually are.
He's a fiduciary (for wtfever that's actually worth)

It comes back to the question debated above, do you DIY or just trust a guy to do the work or tell you what to do. I've been leery on that value but at the reduced rate its harder to pass up.
 
RatLabGuy said:
Getting back to the prior intent of this thread...

In case it is useful for anyone, I recently learned that Northeastern Mutual prices their fees according to the scale of the managed amount (e.g. something like 1.5% for small accounts, but only 0.8% if >$2.5 mil ). This is common. They have a deal where they will consider familial accounts to be a single grouping for the sake of fees, despite being independently managed and billed etc. So for instance my dad and aunt have separate accounts, but together they are in a much lower cost tier. That incentivizes me to join them NWM bc I can also get that lower fee.
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Fidelity does the same thing for family accounts. My dads and mine are separate accounts but same family to get a lower fee tier. We both have fully managed accounts with dedicated advisors.
 
Is there a portfolio for non-accredited (read: working poor folk) investors or even one single mutual fund that does better than a buy and hold SP500?
 
Didn't report back for the updated stop but it was under the low of Tuesday. Today if we can make it back to the open of yesterday thats a sell and wait.
 
I've debated putting this here - but I am going to and explain why a bit.

First, if you take investment advice exclusively from an offroad forum you deserve whatever you may get.
If you take investment advice from me exclusively you are a DA.

Do what you will how you will.

But this is a rare case where I have a long time friend in a uniquely knowledgeable position. To be clear he is not involved with the company I am about to mention - but is adjacent and as some knowledge that makes his advice credible to me.
I have thought about sharing this a few times but have not because I dont want to be seen as giving advice and then someone lose money.

However we are all sort of friends here and if I found out a freind of mine had a great opportunity and didn't at least share it - I might be a little let down. So in that vein...

And to be 100% clear - this is a "penny stock" way more risk than a traditional stock, but also way more potential upside.
Do your own due diligence make your own decisions etc etc.

This should never be a significant portion of your investment, but could be a fun little gamble. Like blackjack casino money.

I December of this year my above mentioned friend told me about this "too good to be true" company. Did a little digging and liked what I found.
I had $5k sitting in my IRA that was just in a nothing account so I figured give it shot and if it goes up in smoke - oh well.

Anyway stock symbol is RITE.
Its a mining/real estate play.

I bought in December at 0.0004 per share. Today its at .0022.
Person who told me about it says its expected to be in the .80-1.00 range by year end. There is reason to believe this is possible...but again do your own homework.
 
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