Vitaly Indinko
Vitaly Indinko
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  • Dallas, TX
  • United States
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Investing Advice

I had some friends recently ask me about how to start stock market investing. I told them to read, do research and get on the Internet. They pooh-poohed me and wanted a shorter answer. Sadly I had nothing more to give. I hate giving anyone advice.There's no upside to advising anyone on their finances and it can destroy relationships. But even ignoring that, people should be informed on their own. I make my…See More
A blog post by Vitaly Indinko was featured May 12, 2010
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Vitaly Indinko commented on Vitaly Indinko's blog post 'Investing Advice'
Even worse -- The only way to tell if your money manager knows what he's doing...is to know a little bit about what you're doing!
Mar 26, 2010
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James Scott commented on Vitaly Indinko's blog post 'Investing Advice'
The same is true when people ask me to help them make a website. The truth is that they just want me to make a website for them. They want to be online, but they have no interest in learning about how to make a website or how to get traffic. That…
Mar 25, 2010
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Investing Advice

I had some friends recently ask me about how to start stock market investing. I told them to read, do research and get on the Internet. They pooh-poohed me and wanted a shorter answer. Sadly I had nothing more to give. I hate giving anyone advice.There's no upside to advising anyone on their finances and it can destroy relationships. But even ignoring that, people should be informed on their own. I make my…See More
Blog post by Vitaly Indinko Mar 24, 2010
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Vitaly Indinko replied to James Scott's discussion 'New Book By Michael Lewis About Stock Crash' in the group Investment Book Club
It's really interesting actually. Many of the banks did have reservations, but they didn't want to be left out. JPMorgan was an interesting case. They actually were a pioneer in subprime CDOs but basically got out of the market as everyone…
Mar 24, 2010
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Vitaly Indinko replied to OICUAM2's discussion 'Correction Losses Recovered?'
I don't guess. I just buy some every month! :)
Mar 24, 2010
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paul commented on Vitaly Indinko's blog post 'Do We Have a Support System?'
I think we have numerous support systems. The first is our family and friends. They are a good source of support in many situations, but maybe not the best system of support in financial matters. Talking about our money with friends and family is…
Mar 3, 2010
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Do We Have a Support System?

I'm not a dummy and I'm not a proponent of big government. However as I watch my government at work I have to wonder, are they working with us, or are they simply involved in theatrics? Is there anyone I can count on besides myself? Is anyone looking out for me?I'm not a partisan and I don't blame anyone in particular, except maybe myself. I've focused a lot on my personal investment growth, without worrying whether things that are…See More
Blog post by Vitaly Indinko Mar 3, 2010
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Vitaly Indinko commented on Vitaly Indinko's blog post 'Savings Accounts...'
Investing in yourself is always wise.
Jan 30, 2010
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Nathan Andover commented on Vitaly Indinko's blog post 'Savings Accounts...'
Good point. When online savings accounts first popped up there were some pretty good rates being offered. Now that many of us have signed up for accounts and use the online banks (such as Emigrant Direct) the rates have crashed to the point of being…
Jan 24, 2010
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Savings Accounts...

Lots of people have savings accounts. I have a question:Why?I was reading an article about maximizing your account and while it was obviously talking about savings in the general sense, rather than a savings account there's an assumption that that's where you're going to put your money. Banks are full of savings accounts, but I can't even get any money on a CD.…See More
Blog post by Vitaly Indinko Jan 24, 2010
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Vitaly Indinko replied to James Scott's discussion 'When Will We Know We Are Out Of The Woods?'
I certainly don't think we've seen the signs that we're in the clear yet. Nothing has really changed about the banking situation and Americans still have an terrifying amount of debt. There's also some question as to whether the…
Jan 24, 2010
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paul commented on Vitaly Indinko's blog post 'Investment Education'
Investing is a very information centric activity. You need the general books to get your basic education, but then you need to be constantly gathering information in order to keep up with what is going on. It is like fantasy football on steroids.…
Jan 13, 2010
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Vitaly Indinko commented on Vitaly Indinko's blog post 'Investment Education'
I guess I'm always torn about "deep" books like Graham and Dodd and more broad issues. They all seem like tools in a toolkit and just knowing a few seems pointless. It seems problematic to decide just how much education one needs to…
Jan 13, 2010
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lea commented on Vitaly Indinko's blog post 'Investment Education'
I would say that most people have no idea what they are doing. I have tried to read books and online sites to improve my knowledge, but I still have very little idea of what I am doing. Even if I think I know what I am doing in some areas, the…
Jan 12, 2010
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Investment Education

Probably the first thing I've ever learned in investing was to invest every month. Dollar cost averaging seemed like a great way to avoid bad luck and get an average return, which was all I really wanted. So many people do worse than the average because they try to outperform. Many people even view the stock market as a scam.That being said I've never really had a broad…See More
Blog post by Vitaly Indinko Jan 12, 2010

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Vitaly Indinko's Blog

Vitaly Indinko

Investing Advice

I had some friends recently ask me about how to start stock market investing. I told them to read, do research and get on the Internet. They pooh-poohed me and wanted a shorter answer. Sadly I had nothing more to give. I hate giving anyone advice.



There's no upside to advising anyone on their finances and it can destroy relationships. But even ignoring that, people should be informed on their own. I… Continue

Posted on March 24, 2010 at 5:04pm — 2 Comments

Vitaly Indinko

Do We Have a Support System?

I'm not a dummy and I'm not a proponent of big government. However as I watch my government at work I have to wonder, are they working with us, or are they simply involved in theatrics? Is there anyone I can count on besides myself? Is anyone looking out for me?


I'm not a partisan and I don't blame anyone in particular, except maybe myself. I've focused a lot on my personal investment growth, without worrying…
Continue

Posted on March 2, 2010 at 10:45pm — 1 Comment

Vitaly Indinko

Savings Accounts...

Lots of people have savings accounts. I have a question:



Why?



I was reading an article about maximizing your account and while it was obviously talking about savings in the general sense, rather than a savings account there's an assumption that that's where you're going to put your money. Banks are full of savings accounts, but I can't even get any money on a CD.… Continue

Posted on January 23, 2010 at 10:47pm — 2 Comments

Vitaly Indinko

Investment Education

Probably the first thing I've ever learned in investing was to invest every month. Dollar cost averaging seemed like a great way to avoid bad luck and get an average return, which was all I really wanted. So many people do worse than the average because they try to outperform. Many people even view the stock market as a scam.



That being said I've never really… Continue

Posted on January 11, 2010 at 8:03pm — 3 Comments

Vitaly Indinko

Another Form of Stock Market Discipline

This has been a great time for those of us who didn't stop investing every month. The market has run up a great deal and I've felt really good about buying at the bottom. That being said, everything I have read about investing in the stock market suggests that you don't stop now either. Just as it would have been foolish to stop at the bottom, it would be equally… Continue

Posted on September 17, 2009 at 7:50pm — 3 Comments

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At 11:22am on July 8, 2009, paulpaul said…
Hi Vitaly,

Just wanted to let you know that I and some of the gang here are also having discussions over at http://www.economicchat.com
 
 
 

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