Goldman Sachs, JP Morgan, etc?
WIA
WIA
Quote: (02-24-2014 11:08 AM)WestIndianArchie Wrote:
Goldman Sachs, JP Morgan, etc?
WIA
Quote: (02-26-2014 09:02 AM)WestCoast Wrote:
Finally Steve9 your post is false, Banco Santander absolutely is an Investment Bank:
http://www.santandergbm.com/en_GB/Santan...nt-Banking
Quote: (02-26-2014 04:44 PM)WestCoast Wrote:
I think I came off as "angry" in this thread because I am talking about investing in a very direct way. I have a hard time investing even five figures (pocket change) into a position when I know everything about it ie: I have personally met the management team and I know the product inside and out.
Simply pitching something when I can tell from the text alone the person doesn't know the stock is actually what bothers me.
It is not what you know that gets you burned. It is what you think you know that really isn't so.
Quote: (02-26-2014 05:53 PM)WestCoast Wrote:
To me there is only one situation when you buy individual securities.
1. You have met the management team
2. You are financially independent and you are only investing money above that financially independent level
3. You have a 100% understanding of basic finance concepts and the what is driving the business model
If you can say yes to 1, 2 and 3 I will not say squat about what you do with your money.
Quote: (02-26-2014 05:53 PM)WestCoast Wrote:
To me there is only one situation when you buy individual securities.
1. You have met the management team
2. You are financially independent and you are only investing money above that financially independent level
3. You have a 100% understanding of basic finance concepts and the what is driving the business model
If you can say yes to 1, 2 and 3 I will not say squat about what you do with your money.
Quote: (02-26-2014 06:04 PM)rimjobs4life Wrote:
Stick with the Bogleheads investing philosophy of keeping all your money in a few low-cost index funds such as those offered by Vanguard and Fidelity.
Quote:Quote:
Vanguard Group founder Jack Bogle, the quintessential advocate for low-cost, passive investing, has a son, John Bogle, Jr., whose career as an active fund manager is as much a success in its own right as it is a contrast to Bogle Sr.’s viewpoint
Quote: (02-26-2014 07:14 PM)Steve9 Wrote:
Its interesting to note that Jack Bogle's son runs a successful actively managed fund, the Bogle Small Cap Growth Fund :
Quote:Quote:
Vanguard Group founder Jack Bogle, the quintessential advocate for low-cost, passive investing, has a son, John Bogle, Jr., whose career as an active fund manager is as much a success in its own right as it is a contrast to Bogle Sr.’s viewpoint
http://blogs.barrons.com/focusonfunds/20...tive-side/
Quote: (02-24-2014 11:08 AM)WestIndianArchie Wrote:
Goldman Sachs, JP Morgan, etc?
WIA