Brexit and UPS stock.

Discussion in 'UPS Discussions' started by Packmule, Jul 1, 2016.

  1. Packmule

    Packmule Well-Known Member

    Wow! Maybe we need more countries to exit the European Union! $108 a share?
    Thought the talking heads said the sky was falling. Even the the Dow is climbing!
     
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  2. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    Exactly, already rebalanced my portfolio when it was down.
     
  3. Indecisi0n

    Indecisi0n Well-Known Member

    I first read it as sock.
     
  4. scratch

    scratch Least Best Moderator Staff Member

    My 401K dropped a few thousand the first day or two but now its higher than before. I thought the world was supposed to come to an end. More countries should leave the EU.
     
  5. Returntosender

    Returntosender Well-Known Member

  6. Overpaid Union Thug

    Overpaid Union Thug Well-Known Member

    True.......
     

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  7. Overpaid Union Thug

    Overpaid Union Thug Well-Known Member

    I wish I had raised mine. But I did the next best thing which was nothing. I really should have bumped it up though. I'm going to with the next raise anyway.
     
  8. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    It takes 7-10 days for any changes to take effect so you most likely would not have been able to take advantage of the recent up/down activity.
     
  9. oldngray

    oldngray nowhere special

    Stocks recovered a lot faster then I expected.
     
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  10. That's only for contributions not for exchanging from fund to fund.
     
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    If he has cash sitting there that is one thing but if he has to move stuff around to free up some cash that can also take 7-10 days.
     
  12. In the self managed account, you are correct it takes time to settle the trade .

    But in your regular 401k you could do it immediately as long as it's during trading hours.
     
  13. Overpaid Union Thug

    Overpaid Union Thug Well-Known Member

    I STILLLLLLLLLLLLLLLL haven't started a self managed account.
     
  14. oldngray

    oldngray nowhere special

    The UPS self managed account isn't that great. I would use the other UPS 401k options for that money and start another outside account for managed investments.
     
  15. Overpaid Union Thug

    Overpaid Union Thug Well-Known Member

    So I've heard.
     
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    What's wrong with the SMA?
     
  17. The fees are a bit steep compared to others.
     
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  18. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Yes but they are not outrageous.

    It is very easy to move funds in to the SMA but a bit harder to move them out.
     
  19. I moved my funds over the phone, when I closed out my account.