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All Forum Posts by: Brandon Bruckman

Brandon Bruckman has started 3 posts and replied 105 times.

Post: Did I Mention I HATE The Stock Market?......

Brandon BruckmanPosted
  • Financial Advisor
  • Milwaukee, WI
  • Posts 108
  • Votes 94

So many things to say reading the comments.

There are strategies you can use in stocks to enjoy gains and limit losses. Explore trend following (just google it, you’ll get the basics). The strategy is systematic, based on current price only, no emotions and no guessing.

I challenge common logic that stocks will always go up. US stocks certainly have, however look at other countries. There is no reason the stocks HAVE to go back up again.

All investing is about you and what you’re trying to accomplish. Viewed this way, you always have control!

Post: Pay consumer credit first or save money?

Brandon BruckmanPosted
  • Financial Advisor
  • Milwaukee, WI
  • Posts 108
  • Votes 94
@Kamenin Earl Banks if you are getting a 401k match from your employer, I‘d want you to grab that free money first. Great idea already posted around making sure you have the best rates possible on your consumer debt. Don’t rush to do deals. Be patient. Deals will be ready when you are!

Post: I have $10k cash. What should I do with it?

Brandon BruckmanPosted
  • Financial Advisor
  • Milwaukee, WI
  • Posts 108
  • Votes 94

I hear this question all the time!  Sounds like you need the money soon, if so leave it where it is.  You might want to evaluate how the 10k fits in your overall situation.  There might be an opportunity to put the money to work.

Post: Borrowing from my 401k to hedge against market downturn

Brandon BruckmanPosted
  • Financial Advisor
  • Milwaukee, WI
  • Posts 108
  • Votes 94
@Daniel Kong this is not a great idea! Take that 20% and if you’re really bearish, stay out of stocks and hold as cash. A market downturn will likely impact real estate as well.

Post: Payoff a loan or invest?

Brandon BruckmanPosted
  • Financial Advisor
  • Milwaukee, WI
  • Posts 108
  • Votes 94
@Phillip Overpeck what's the rate on the loan? What's the potential annual return on the investment?