[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 219 KB, 1200x1600, 4AB71A5E-4FAA-48A1-A4EA-C63543FAF6AF.jpg [View same] [iqdb] [saucenao] [google]
11247144 No.11247144 [Reply] [Original]

I forgot there’ll be a flounder run soon edition

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
https://pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Real-time market news:
https://thefly.com/index.php

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Free in depth technical analysis charts:
http://www.tradingview.com

Premarket Data:
https://pastebin.com/y9PRQLR3

Earnings Report Calendars:
https://biz.yahoo.com/research/earncal/today.html
https://www.earningswhispers.com/calendar

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Pump and Dump Advertising:
https://stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
https://www.investing.com/indices/us-spx-vix-futures

Basic rundown on options:
[YouTube] Option Basics Part I
[YouTube] Option Basics Part II

Suggested books:
https://pastebin.com/jgA5zTuC

Previous thread: >>11240746

>> No.11247158

Somebody please find the YouTube links to options trading so we can add it back to the op. Thanks

>> No.11247173
File: 46 KB, 360x470, stock-vector-old-cartoon-gold-miner-vector-clip-art-illustration-with-simple-gradients-all-in-a-single-layer-132857477.jpg [View same] [iqdb] [saucenao] [google]
11247173

mining companies are doing good, get in on it for that sweet sweet exploitation of third world resources money

>> No.11247227
File: 45 KB, 228x412, 1518406356395.png [View same] [iqdb] [saucenao] [google]
11247227

been thinking of getting into tesla after that drop, anyone think itll go lower as the SEC drama continues or is this the best time to get in?

>> No.11247317

>>11247227
>best time to get in
no one knows. DCA in.

>> No.11247343
File: 554 KB, 722x720, 1525978947876.png [View same] [iqdb] [saucenao] [google]
11247343

just make me rich already /smg/

>> No.11247906

Do I DCA a World Index Fund monthly or just invest a bigger amount every year.

>> No.11247921

>>11247906
Up to you. You could also hold cash and buy bigger lots periodically when things correct. Basically, it’s just disciplined investing and saving.

>> No.11247997

>>11247173
I noticed one of my mining stocks broke out of the stochastic

>> No.11248010

>>11247921
Ye but I'm not sure if I will always see a correction, since I wanna invest in the world index fund longterm and don't wanna watch it closely. (I also have a stock portfolio which I do follow closely)

>> No.11248044

>>11248010
Then just invest on a set schedule.

>> No.11248069

>>11248044
Yeah I wanna do that but is it better to do a monthy payment of 100 or a yearly of 1200. I've read DCA is not that good but I'm not sure if 1200 a year is better than a monthy payment.

>> No.11248097
File: 56 KB, 880x495, MW-DS043_worldm_20150812152447_ZH.jpg [View same] [iqdb] [saucenao] [google]
11248097

>>11247906
>World Index Fund
Don't fall for normie memes.

>> No.11248100

>>11248069
it depends on the commission fees
If there is any, you buy your memes in one go

>> No.11248132

>>11248097
I was thinking about doing a NA index fund but my adviser told me it was better to take a world one. He said for longterm it's better now since US is making Europe and Asia more isolated which would be good for their economies too ,for some reason. He said that if I started 20-40 years ago I would have had to choose a NA one no doubt. I looked into it and NA one's score a lot better so IDK.

>>11248100
There are, but they are % so it doesn't really matter I guess.

>> No.11248339

>>11247158
https://www.youtube.com/watch?v=TBAQtjyqNHw
https://www.youtube.com/watch?v=SuTTzfa4ePE

>> No.11248349
File: 2.51 MB, 1280x720, small iguana btfos roastie.webm [View same] [iqdb] [saucenao] [google]
11248349

>>11248339
>>11247158
I used warosu

>> No.11248373

Hold my fucking hand biz, which weed stock should i buy?

>> No.11248390

>>11248373
CRON

>> No.11248392

>>11247144
stop posting roasties or literally hang yourself

>> No.11248393

Can I set up a brokerage account with interactive brokers if I'm a student in Slovenia?

>> No.11248397 [DELETED] 
File: 179 KB, 931x940, 1531295517010.png [View same] [iqdb] [saucenao] [google]
11248397

How do I get around this? Do I have to photoshop fake documents?

>> No.11248407
File: 241 KB, 500x518, 1535554244554.png [View same] [iqdb] [saucenao] [google]
11248407

>>11248392
women are overrated

>> No.11248438

Just got an email, special HMNY meeting October 18th. There will be a vote for reverse split. 1-2 to 1-500 is on the table.

>>11248373
IGC, after it dips. It's already made me hundreds.

>> No.11248443

>>11247144
She looks perfect except for that nasty tattoo

>> No.11248456

>>11247144
>tattoo
Trash. Someone throw this cheap trailer whore in a dumpster where she belongs.

>> No.11248479

>>11248393
Where you studying?

>> No.11248503

>>11248479
Ljubljana

>> No.11248601

>>11248393
Yes.
t. Bulgarian.

>> No.11248894

>>11248373
NBEV because the smart money is going for CBD stocks. also they are going to debut their products this early October. IGC is good too because of the low float but I think it needs a pullback because the RSI is almost at 90.

>> No.11248925

So Amazon will buy Sears, right?

>> No.11249058
File: 218 KB, 1668x1045, 1538165178442.jpg [View same] [iqdb] [saucenao] [google]
11249058

Buying and holding TQQQ and UDOW was my best decision ever
It requires zero effort and my stress level is zero. Long term I know it's a guaranteed ticket to making it

>> No.11249096

>>11248392
>>>/r9k/catalog

>> No.11249201

>>11248925
Why would they?

>> No.11249213

>>11248925
why?

>> No.11249219
File: 701 KB, 2896x2896, NBEV.jpg [View same] [iqdb] [saucenao] [google]
11249219

>>11248373
I take it back only buy NBEV and don't touch IGC. IGC is a scam.

>> No.11249240

>>11249201
>>11249213
cheap store locations and real estate

>> No.11249243
File: 12 KB, 258x245, 354deaa3770912621bb816da070346ab--the-frog-united-states.jpg [View same] [iqdb] [saucenao] [google]
11249243

>>11249219

>> No.11249271

>>11249240
>cheap store locations and real estate

Amazon does not need those things. Also the zoning on existing Sears stores would be incompatible with warehouse retrofit.

>> No.11249328

>>11249219
Lord have mercy...

>> No.11249731

Shilling PER and RAD, buy my bags please

>> No.11249740

>>11247227
Jump in fren... it's free money

>> No.11249756
File: 69 KB, 966x418, POO.png [View same] [iqdb] [saucenao] [google]
11249756

>>11249219
Jesus christ, this entire company is a scam, all of their revenue comes from a shitty poo in the loo equipment rental company.

They have made $0 dollars from weed

>> No.11249765
File: 465 KB, 1440x1519, Screenshot_20180929-103402_Chrome.jpg [View same] [iqdb] [saucenao] [google]
11249765

>>11249058
Kek...

>> No.11249775

>>11249740
nah even the Tesla cultist are hating Elon now.

https://www.youtube.com/watch?v=uHsTsSznY6Q

>> No.11249799
File: 54 KB, 225x234, xnin.jpg [View same] [iqdb] [saucenao] [google]
11249799

>>11249765
that only applies to garbage like mining vix and commodity etfs, not golden bull indices

>> No.11249810

>>11249775
It's not a buy and hold stock. Its a buy the dip when elon has an manic episode, sell before his next episode

>> No.11249871

>>11249765
>>11249799
>>11249058
https://www.thebalance.com/leveraged-etfs-lose-money-357489

>> No.11249879
File: 878 KB, 833x736, wherePOOgoesToWork.png [View same] [iqdb] [saucenao] [google]
11249879

>>11249219
lol, I bet they don't even own that building. Houses in that area cost more than their entire 2018 revenue

>> No.11249890

>>11249810
did you not watch the video? cultists are getting tired of his shit. Tesla is a falling knife. if you want max pain then buy Tesla.

>> No.11249896

>>11249871
what a stupid author, its already been proven 2x-3x for american indices are safe

>> No.11249904

>>11247906
Buying a fixed $ amount every month reduces timing issues. Buying daily would be optimal but transaction costs and available capital can be constraints.

>> No.11249915

>>11248132
Are you european? Degiro has ETF's (also MSCI WORLD) which you can buy without any transaction fees once a month.

>> No.11249953

>>11249799
>>11249871
Just wait until the market goes sideways for a year. See what happens to your 3x leveraged ETFs.

>> No.11249969

>>11247144
That flounder is definitely not big enough to keep.

>> No.11249975
File: 26 KB, 367x367, 4VLBLcWi_400x400.jpg [View same] [iqdb] [saucenao] [google]
11249975

>>11249953
it went sideways for like 7 months this year, they did just fine :)

Hey, if the nasdaq ever reachs ath and the tqqq does not, Ill literally bow down to you and apologize, but its not going to happen

>> No.11249977

Financial Post put out a decent article on Canopy Rivers. It's funny to me how this stock went from pure hype to a sleeper in about a week. People gave disregarded it because it debuted at a ridiculous share price and then predictably corrected diwn to something more reasonable within a couple trading days. Most get that RIV is the venture capital arm of Canopy Growth but they're missing a key piece. RIV is partly in the business of building up potential acquisition targets for future US and international expansion.

The article gives a decent summary of what they're up to and why the potential here is considerable.

https://business.financialpost.com/sponsored/sponsored-cannabis/canopy-rivers-laying-the-foundation-to-build-a-global-cannabis-ecosystem?mvt=i&mvn=a0a77af56e704fc5ae026a47eaf7a66b&mvp=NA-20COMM-11237009&mvl=business.financialpost.com+-+index

>> No.11250028

>>11249890
I got more shares than that faggot in the video. If they replace, elon, which they should, everything will be fine... Maybe he's not cut out for the ceo thing, he can be lead visionary or whatever..

>> No.11250036
File: 21 KB, 320x257, 1534783858086.jpg [View same] [iqdb] [saucenao] [google]
11250036

Hey guys, what's going on in this thread?

>> No.11250052

>>11249765
me am trying for explain this to dad but he no listening to me @_@
he has these shitty REITs, me tell him that he needs re-balance but >_>

>> No.11250071

>>11249975
What did? Nasdaq? You call that sideways? If the nasdaq does 0-5% yearly, TQQQ gets absolutely raped.

>> No.11250078
File: 229 KB, 869x597, sucks.png [View same] [iqdb] [saucenao] [google]
11250078

>>11250052
because he knows

>> No.11250094

>>11250071
spx, dow, all american indices that went sideways like fas or WHATEVER did perfectly fine, and will reach all time highs when the underlying does

>> No.11250114

>>11249058
I have a link somewhere illustrating that in the housing crash most of that shit had a drawdown of over 99%.
I think over several decades SPY may actually beat SPXL

>>11249765
They're not exactly "designed" to lose money, but going down 3% then up 3% puts you lower than going down 1% then up 1%

>>11249799
True during bull runs
>>11249953
Also true

>>11250052
REITs are alright, but can get pretty high risk.
REITs aren't normally leveraged in the same way as SPXL unless it's MORL

Nonetheless, I'm holding about 1k-3k across TQQQ and FNGU... Why the fuck isn't FNGU a moon mission? Look at the 1 year chart. What the fuck?

>> No.11250121

>>11250114
Forgot to change my tripcode back

>> No.11250135

>>11250114
>true during bullruns
Good thing we are in a very strong one thats going to last awhile...

>why isnt fngu on a moon mission?
because of facebook twitter tesla and chink shit like baba

>> No.11250148

>>11247173

Which do you recommend looking into?

>> No.11250151

>>11250135
>Good thing we are in a very strong one thats going to last awhile...
R E C E S S I O N 2020
that is a while out though

>>why isnt fngu on a moon mission?
>because of facebook twitter tesla and chink shit like baba
Wtf. BABA is in there? I thought it was just FAANG. I'll probably dump this shit.

>> No.11250154

>>11250094
Ok, don't listen to me then. If you know how daily leveraged ETFs are actually built, then you know what happens when volatility is high and/or market goes sideways. (The answer is: the ETF goes down)

>> No.11250180
File: 49 KB, 883x807, fas.png [View same] [iqdb] [saucenao] [google]
11250180

>>11250154
I know how they work guy
yeah because when xlf dropped 50% in the credit crunch FAS never recovered, right?

>>11250151
dude look at the components
You were also supposed to sell fngu at 66-70 then buy at 59

>> No.11250280
File: 120 KB, 1080x1920, Screenshot_20180929-123834.png [View same] [iqdb] [saucenao] [google]
11250280

>they are built to lose money
Lmao brainlet cope

>> No.11250301

>>11250280
Pick up the fone, you homo
Also, got any good thot pics?

>> No.11250316

>>11250280
that chart doesn't take into account beta decay
in reality you'd be losing money

>> No.11250330

>>11250301
No!
>>11250316
Please never reply to me again, I don't take (you)s from idiots

>> No.11250352
File: 6 KB, 250x221, 1536144110622s.jpg [View same] [iqdb] [saucenao] [google]
11250352

>>11250316
>beta decay

>> No.11250360

>>11250330
cope harder faggot
no wonder your'e constantly in the red

>> No.11250395
File: 799 KB, 280x280, nam flashbacks.gif [View same] [iqdb] [saucenao] [google]
11250395

>>11250360
>red
>RED
>R E D
SELL! SELL! SELL!
JUST DUMP IT! DUMP IT ALL! YOU'LL BE LUCKY IF IT'S EVEN WORTH MONEY ANYMORE!!!
RED DAY! RED DAY!
SELL!!! SELL!!! SELL!!!

>> No.11250408
File: 163 KB, 1440x2560, Screenshot_20180929-144957.png [View same] [iqdb] [saucenao] [google]
11250408

Friendly reminder that dividends are your friends!

Also yay LMT just raised their dividends past $2 a share

>> No.11250414
File: 30 KB, 914x1091, 1538023627366.gif [View same] [iqdb] [saucenao] [google]
11250414

>>11250360
Explain beta decay to me and why I'm wrong.
Spoiler you can't

>> No.11250424

>>11250352
>>11250414
I admit i don't remember the exact term but ive read it on r/investing a while ago so i know its true

>> No.11250431

>>11250408
Ah shit, I'm not holding them anymore.
I'm just holding NOC because I don't understand why the defense contractors have such high P/Es when there's no war and LMT's developers literally go months without writing code

>> No.11250447
File: 80 KB, 419x610, 1537934954384.jpg [View same] [iqdb] [saucenao] [google]
11250447

>>11250424
>Mfw

>> No.11250449

>>11250424
Here is proof that youre wrong
http://ddnum.com/articles/leveragedETFs.php

>> No.11250451
File: 50 KB, 462x496, the internet.jpg [View same] [iqdb] [saucenao] [google]
11250451

>>11250424
>but ive read it on r/investing
I almost popped a rage boner
>so i know its true
Good troll. 10/10. I like you.

>> No.11250460
File: 1.27 MB, 320x385, 1538027206465.gif [View same] [iqdb] [saucenao] [google]
11250460

>>11250451
>Mfw

>> No.11250467
File: 861 KB, 1954x2560, 91eV66NbKML.jpg [View same] [iqdb] [saucenao] [google]
11250467

>>11250414
It's just a simple single order partial diff.eq.
>Spoiler you can't
Because you haven't even passed calc 1 yet

>> No.11250492
File: 15 KB, 268x256, 1537631396112.jpg [View same] [iqdb] [saucenao] [google]
11250492

>>11250467
I know its real you mong, but implying you lose money by holding TQQQ everyday when it's green is objectively false

>> No.11250511

>>11248349
what an idiot lol

>> No.11250513

>>11250449
Thx for the article friendo, good read!

>> No.11250519

>>11250451
>>11250492
ok should I buy DXQLX or TQQQ or TINN

>> No.11250523

>>11250511
it's even more satisfying with audio
https://www.youtube.com/watch?v=ToUBvWxwRIU

>> No.11250527
File: 148 KB, 251x266, 5as55x.png [View same] [iqdb] [saucenao] [google]
11250527

>>11250492
>retards are still trying to stockpick in this day and age when leveraged etfs are guaranteed to beat them

Its sad, they will never admit that stock picking is merely a hobby. Unless you have 100k in dividend aristocrats, you should be all in TQQQ FAS and LABU

>> No.11250539

>>11250460
It was pretty good bait. I have a great appreciate for such sophistication after my boss at work once asked me how to refer his nephew.

>>11250467
>TFW never had to take differential equations for my engineering degree
I did calc 3, linear algebra, and recognize UV substitution though.

>>11250492
I think beta decay is just already accounted for in the graph

>> No.11250542

>>11247173
talk shit post stock

>> No.11250552

>>11250527
This desu. Add DFEN and I'll retire at 40

>> No.11250561

>>11250519
YINN*

>> No.11250596

>>11250431
Misses and bombs can be cost anywhere from 5 to 7, sometimes 8 dollar figures
Not even mentioning maintenance costs
And we don't need way for them to be profitable, plenty of countries that are at way but then from is ( Saudis fightinga way in Yemen for example? Everyone vs OSIS up until recently, ectera ectera)
Not even mentioning R&D for our military, which Congress basically writes blank cheques for them to do

And they do write coffee consistently, it's just that half of it is DARPA joint projects or in the skunkworks, not just at one place

>>11250492
Just wait for the day when it's not green :)

>>11250539
>>TFW never had to take differential equations for my engineering degree
Odd, ME's at my school need calc1-3 and different(aka calc 4), but I took linear algebra (matrix manipulation) too because I like math, and needed something to fill in gaps for my schedule
Then again you did SE didn't you?

>> No.11250649

>>11250527
you need to stop the avatar faggotry.

>> No.11250654
File: 43 KB, 500x782, wrong-enemy-right-enemy-rich-the-rich-non-non-rich-rich-15337721.png [View same] [iqdb] [saucenao] [google]
11250654

>>11250596
*missiles and bombs
*we dont need a war
*ISIS, not OSIS

facking phone posting

>> No.11250680

>>11250649
I disagree

>>11250654
Same :'^(

>> No.11250686
File: 277 KB, 347x334, grtse.png [View same] [iqdb] [saucenao] [google]
11250686

>>11250649
>shit trader tries to talk to me

>> No.11250714
File: 356 KB, 661x705, MAJOR TRUMP NEWS.png [View same] [iqdb] [saucenao] [google]
11250714

>>11250596
>And they do write coffee consistently,
>>11250680
*and they do write CODE consistently

fucking hell

>> No.11250719

>>11250596
>And they do write coffee consistently, it's just that half of it is DARPA joint projects or in the skunkworks, not just at one place
By coffee, did you mean code? If so, you should check out Blind, their developers are lazy as shit. If not, I'm not familiar with that term.
I also have no idea what skunkworks is. I should probably just Google that.

>>>11250492
>Then again you did SE didn't you?
Yup :3
Some of my peers took differential equations, but it was kind of optional for me.

>> No.11250795

>>11250714
Got it.
Also looked up skunkworks.
No, some of their developers are just impressively lazy.

>> No.11250815

>>11249219

lmao!!!

>> No.11250828
File: 59 KB, 638x479, lmt-board-presentation-6-638[1].jpg [View same] [iqdb] [saucenao] [google]
11250828

>>11250795
>>No, some of their developers are just impressively lazy.
yea, they are living the dream...

working on cold fusion at the skunkworks is my dream job, getting paid to build crazy shit for darpa, like robotic dolphins or laser guided bullets, or a real life iron man suit

or be one of the first humans to develop substainable cold fusion....

but with a solid 2.35 ish GPA the best i can hope for is probably not military contracting work, so lazy stock day-trader is the way to go!!

>> No.11250837

>>11250686
filtered for being a cancerous faggot then.

>> No.11250846

How do you feel about long energy?
I'm looking at EXC, NEE and NGG.

>> No.11250894

>>11250828
cold fusion is real and is already mastered, except the result product is material not energy. Education for profit and reality do not go together

>> No.11250928
File: 6 KB, 372x299, 1537845642896.png [View same] [iqdb] [saucenao] [google]
11250928

>>11250837
thank god
One less loser that attempts to argue with me

>> No.11251029

What can or should I do with my rnva? Fidelity doesn't really track it anymore but at some point I'd like to list it as a wash sale but don't know the rules or how to do so

>> No.11251050
File: 43 KB, 620x850, Decay[1].jpg [View same] [iqdb] [saucenao] [google]
11251050

>>11250846
nuclear IS the future, there is no alternative (it may take 40+ years to see that stock price wise though) so buy and hold at least a small position in companies like )UEC, UUUU, URA)

theres a good chance oil is about to spike within the next year or two (buy WTI and hold for a year for easy money)

Energy is the big boys market though, without energy, ,you cannot manufacture or tech, thats why oil is such a fundamental world market
solar power and wind energy will never be able to scale up to a magnitude that can fufill industrial energy (power) needs

energy is more important than materials, since without energy you cannot mine, or farm, new building materials
and without materials you cannot design new products, and without energy you can forget about any consumer products. whoever controls the flow of energy controls the world

read Energy and Civilization: A History

>>11250894
cold fusion where energy in<energy out
cold fusion that can run at steady state for more than 3-6 minutes (preferably something along the scale of years or decades)
cold fusion that can be scaled up to the point that energy output from fission reactors seems small

and yes, in theory, you can eventually use fission to make rare elements with complex decay chains...
but thats decades away, if ever

>> No.11251079
File: 909 KB, 1200x630, THEN-PERISH.png [View same] [iqdb] [saucenao] [google]
11251079

Okay lads, what're your predictions for TSLA this Monday?

I think it's going to continue going down, unfortunately.

>> No.11251093

>>11251079
Its going to 300 again so buybuybuy

>> No.11251114
File: 477 KB, 1144x1600, img000008.png [View same] [iqdb] [saucenao] [google]
11251114

>>11250078
kek
nuuuuu ;_;


>>11250114
its MORL ;_;

>> No.11251145

>>11251050
i was only talking cold fusion. its not really such a breakthrough. small scale cold fusion can happen without any scientists or labs and surely was first experienced by accident. no energy in no energy out, just heavier elements

>> No.11251183
File: 87 KB, 249x249, 1475971855248.png [View same] [iqdb] [saucenao] [google]
11251183

>>11249219
it's a fucking daycare

>> No.11251187

>>11250078
Fucking saved
>>11250928
You're coming to movie night, r-right?

>> No.11251210

>>11251079
Unsure, lets see what the sunday night pump is. Expecting it to continue down to 252 or whatever the big resistance band is. It's in no mans land right now. Gonna dump my Oct puts when it hits there.

>> No.11251217
File: 834 KB, 1023x1077, 1532910090827.png [View same] [iqdb] [saucenao] [google]
11251217

>>11250492
ETFs are the worst of three worlds, you get beta decay AND gamma inflation cycles unless you are in strict non-consumer durables in which case you shouldn't even be allowed outside without a helmet

>> No.11251229
File: 130 KB, 1080x1920, Screenshot_20180929-141948.png [View same] [iqdb] [saucenao] [google]
11251229

>>11251210
>SPY beats the shit out of Elon
>>11251217
>up over 800% in 5 years
>NO GOY LEVERAGE IS BAD

>> No.11251230

>>11251187
of course,, whats on the roster tonight

>> No.11251282

Just finished the intelligent investor by Ben Graham.

Wow, what a book. Why does anyone ever listen to the shit posting advice on here or any speculation anywhere? Why are "financial analysts" so popular?

Value investing is such a simple concept to grasp. Why doesnt everyone do it?

I dont want to believe people are so dumb they act like sheep, but I guess its the case...

>> No.11251305

>>11251230
Taxi driver, it's supposed to be a kino classic
I'm torrenting it right now in 1080p so it'll be quality this time!

>> No.11251308

>>11250828
No, seriously, one of the developers on Blind said that they just always had a 500 page document pulled up that they were pretending to read.
I have friends that went there, and it's very believable from what I've heard.

>>11251114
>its MORL ;_;
>15% or so div
>ever having a div that beats the market average
So much fucking risk.

>> No.11251309

>>11251079
It's gonna pump... guaranteed

>> No.11251320

>>11251305
>Taxi driver
That's a funny way to spell blade runner

>> No.11251327

>>11251282
I thought about reading it but was concerned about how relevant advice from 70 years ago is. Did you still find it applicable to today's global market?

>> No.11251328
File: 23 KB, 320x320, Carlin_7883[1].jpg [View same] [iqdb] [saucenao] [google]
11251328

>>11251282
"imagine how stupid the average person is. Now realize that 50% of people are stupider than that"

thats why

also "never underestimate the power of stupid people in large groups"

>>11251305
I wont need to link the putlocker videolink this time?

>>11251308
>>No, seriously, one of the developers on Blind said that they just always had a 500 page document pulled up that they were pretending to read.
>I have friends that went there, and it's very believable from what I've heard
hmm i'll have to check out "Blind"
but again, that sounds like a cushy dream job, work hard for 2 hours a week, flick boogers at people for the 38 hours a week

>> No.11251337
File: 646 KB, 952x1400, 1538141309370.jpg [View same] [iqdb] [saucenao] [google]
11251337

>>11251229
to be fair, now that am have high leverage, buying leveraged ETFs am kinda silly
instead of buying 2000 shares of SPXL, me just buy 1000 shares of SPY and not have worry about inter day slippage anymore

>>11251282
>unironically thinking he has what it takes to properly value a company
>thinking he can compete with million dollar research he has no access to
yeah me of thinking you are the sheep

>> No.11251373

I bought FB puts and lost 1,000$

will FB open below 162.5?
pls

>> No.11251374

>>11250431
When you need big boy weapons with acceptable quality and in a significant quantities, from whom can you reliably buy them ?

I don't think there are that many companies in the world that make them

>> No.11251381
File: 149 KB, 714x481, 1536939191058.png [View same] [iqdb] [saucenao] [google]
11251381

>>11251337
>the robinhood value investor
Pic related
>>11251328
It sucks most putlocker links don't work with cytube. I'm uploading it to drive right now so it has time to process

>> No.11251385

>>11251337

>unironically thinking he has what it takes to properly value a company
I never said I was an expert you faggot. Just that the principles made sense.

>thinking he can compete with million dollar research he has no access to

Have you even read the book? You dont need access to "million dollar research" just to know that buying a dollar for 40 cents is a bargain and your margin for error is much lower.

(You)

>>11251327

I would say its very relevant since it does not focus on a particular "beat the market strategy" as much as it focuses on psyche and knowing how to assess proper value.

>>11251328

Its an unfortunate truth I suppose. Hopefully I can use what I have learned to do better for myself than the "average" person.

>> No.11251394
File: 70 KB, 680x272, Split+Minutes.Still035.jpg [View same] [iqdb] [saucenao] [google]
11251394

>>11251373
just walk away and there will be an end to the horror

>> No.11251398
File: 6 KB, 220x229, 1536939717010.jpg [View same] [iqdb] [saucenao] [google]
11251398

>>11251385
>he thinks he can assess the value of the company
>he'd rather circle jerk about his own intelligence than beat the market
Sad!

>> No.11251400

>>11251282
Got it for $1.99 ( thanks bookbub) but I haven’t had time to read it yet.

>> No.11251408

>>11251398

You won, Im upset, here your you faggot. I knew youd reply without adding anything useful.

>> No.11251418

>>11251282
What worked for Graham and Buffett-sama just don't work anymore because information is so easily accessible right now
In the case of Buffett-sama though, value in companie lies within their potential.
I don't think growth and value are opposite. I think they are now synonyms

>> No.11251421

>>11251400

$1.99 dude? a simple google for the pdf wouldve got you it for free.

>> No.11251426

>>11251408
Literally just buy an index fund you mong, chances are it will beat you in the long run

>> No.11251440
File: 547 KB, 640x350, 1536683731401.gif [View same] [iqdb] [saucenao] [google]
11251440

>>11251337
>1337

nice leet digits

no one speaks crazy japanese though

>>11251374
>>When you need big boy weapons with acceptable quality and in a significant quantities, from whom can you reliably buy them ?
>I don't think there are that many companies in the world that make them
this tbqh, theres only a handfull of companies in the world that can make jet-fighters, even less that can make modern ones

and USA is one of the worlds biggest arms dealers, so we can charge whatever price we want

>>11251327
>>I thought about reading it but was concerned about how relevant advice from 70 years ago is. Did you still find it applicable to today's global market?

does the teachings from Art of War get diminished because the book is thousands of years old? is "The Prince" a useless read since its hundreds of years old?
is pythagoras theorem no longer valid since it was written before Christ was born?

>> No.11251445

>>11251426
>beat you
>with a bamboo stick

>> No.11251446

>>11251328
>hmm i'll have to check out "Blind"
It's an app where FAANG employees and other developers talk shit. It's kind of like Yik Yak
>but again, that sounds like a cushy dream job, work hard for 2 hours a week, flick boogers at people for the 38 hours a week
That's why they don't get paid as highly as other developers.
Anybody that knows how to write code can be a developer in this economy. Having the degree is a plus. At this point, you get a decent salary and decent work-life balance.
Those inflated numbers are for "rockstars" that are brilliant and work as hard as everybody else with a pulse.

>> No.11251448
File: 17 KB, 562x401, copyright duration and mickey mouse curve.gif [View same] [iqdb] [saucenao] [google]
11251448

>>11251400
>>Got it for $1.99 ( thanks bookbub) but I haven’t had time to read it yet.
dude, just download for free, dont pay publishers for archaic copywrite laws

https://drive.google.com/drive/folders/1rq9DS_rEFIy8JrEeiDDqRhrviAy0Nnqj

>> No.11251449

>>11251418

>What worked for Graham and Buffett-sama just don't work anymore because information is so easily accessible right now

Thats a fair point, but how many people on average. A)take the time to assess a company and B) Can, or are willing to learn how to, interpret a companies financials to decide if they are of good value.

>I don't think growth and value are opposite. I think they are now synonyms

I think that was always true, though maybe not always obvious

>> No.11251462

>>11251426

Why cant I hold both an index fund and invest in companies I believe are valuable.

Im not trying to beat the market, Im trying to just do okay for myself, I dont give a shit what the market does.

>> No.11251472

>>11251426

Since you raise the point though, whats a good tsx fund to follow with low capital? I was looking at XIU

>> No.11251475
File: 251 KB, 3521x2481, 4D32380A-FF6A-4A55-9481-0AE500E9FB71.png [View same] [iqdb] [saucenao] [google]
11251475

>>11251398
But assessing values of companies is literally what I love doing senpai

t. AUIC Anal-yst

>> No.11251487

>>11251462
>i'm not trying to beat the market
Then you're a communist who hates money. TSX is shit, only buy America
>>11251475
Then follow your heart forever fren

>> No.11251491

>>11251373
I don't think it's done dumping from their little bug... Cambridge Analytica was hot air. This is serious business.
Watch out for theta decay though. I hope those options weren't 2 weeks or less out, even if you're looking for a quick flip

>>11251398
Nobody can properly assess the value of a company. There's way more to that than mere SEC filings.
Warren Buffett isn't looking for exact target prices, just when he feels a good deal, and even that is stupendously hard to do, as I've learned with LCI.

>> No.11251493
File: 67 KB, 376x401, sheeple.png [View same] [iqdb] [saucenao] [google]
11251493

>>11251385
dummy! you were the one asking why!

>buying a dollar for 40 cents is a bargain
this type of mind set already failure, me can tell you not even begging to ask "why is someone selling dollar for 40c?"

>> No.11251500

>>11251493
because their kid is in the hospital.and they need the money now

>> No.11251503
File: 47 KB, 621x518, 1515090351325.png [View same] [iqdb] [saucenao] [google]
11251503

>Sears officially a penny stock

wew

>> No.11251509

>>11251440
>does the teachings from Art of War get diminished because the book is thousands of years old? is "The Prince" a useless read since its hundreds of years old?
>is pythagoras theorem no longer valid since it was written before Christ was born?
The Art of War is hard to derive value from without having some regurgitated interpretations to accompany it. It was super fucking dry too.
Just wanted to put that out there.
Fuck, I really need to read The Prince.

>> No.11251510

>>11251475
when is the AUIC IPO

>> No.11251514

>>11251337
>unironically thinking he has what it takes to properly value a company
>thinking he can compete with million dollar research he has no access to

Depends on the case. There is more TSLA and BABA research on twitter than there is in million dollar reports.

>> No.11251521

>>11251493

Shit I didnt see I was replying to one of the most retarded tripfags.

Fuck I feel dumb now.

>> No.11251522
File: 149 KB, 1795x858, buffet.jpg [View same] [iqdb] [saucenao] [google]
11251522

>>11251491
Daddy Buffet truly is a god

>> No.11251528
File: 30 KB, 262x266, 1536546922435.jpg [View same] [iqdb] [saucenao] [google]
11251528

>>11251521
RKG isn't a tripfag, she's a namefag
Kill yourself you fucking newfag

>> No.11251534

>>11251487

>paying the CIBC conversion fees for american funds on a regular basis

No thanks.

>> No.11251539

>>11251493
Evaluating what a company is worth is super subjective.
>>11251500
That's more of a liquidity issue

>>11251503
I heard their CEO is trying to cash out and just take one of their product lines (the Kenmore one, I think?) and abandon all stake in the brick and mortar stores

>> No.11251546

>>11251510
We tried but Comfy exit scammed the shit out of it like a small dicked chink tech companu CEO

>> No.11251547

>>11251528

>whiteknighting this hard
>laughingwhores.png

>> No.11251548
File: 109 KB, 325x235, 5701548-3hf0u13ff84.png [View same] [iqdb] [saucenao] [google]
11251548

>>11251522
thats the power of
The Index + Dividend frens

Now imagine a combination of 3x etf and frens

>> No.11251549
File: 35 KB, 313x499, 51B7EclqLBL._SX311_BO1,204,203,200_[1].jpg [View same] [iqdb] [saucenao] [google]
11251549

>>11251509
>>Fuck, I really need to read The Prince.
its like a strategy guide to EU4 written hundreds of years before computer games were invented

Meditations is another good read for life lessons from ancient times

>> No.11251555

>>11251522
Yes :(
He's so fucking humble too.

>> No.11251557

What should I invest my Roth IRA in? This target date fund has been doing shit so far

>> No.11251561

>>11251539

he already bought kenmore for $400mil

hes just milking every last penny out of the brand before it goes down for good.

>> No.11251574
File: 1.99 MB, 320x240, 1488686102690.gif [View same] [iqdb] [saucenao] [google]
11251574

>>11251546
>mfw
>>11251547
It's not white knighting, it's pointing out you have no idea what is going on or where you are. Not only are you truly retarded, but you are also (God forgive me for saying this) a Canadian

>> No.11251578

>>11251557
>What should I invest my Roth IRA in? This target date fund has been doing shit so far
I heard target date funds are horse shit.
Just do a large market cap fund with low expense ratios, and the 120 - your age into bonds instead rule if you're over 30.

I'm maxing my Roth 401k and traditional 401k, but I have more cash in Robinhood with individual picks due to being yuppie scum. The above is what I do with my 401k shits.

>> No.11251588
File: 23 KB, 319x326, Capture.jpg [View same] [iqdb] [saucenao] [google]
11251588

>>11251557
>convert 2054 target fund to 2020 target
congrats you can now retire in 1 year

thank me later

>> No.11251594
File: 120 KB, 680x661, 0b795e464cae452ac86a2a560c3efd10.jpg [View same] [iqdb] [saucenao] [google]
11251594

>>11251578
>Yuppie
Anon? Is there something you want to tell us?

>> No.11251595

>>11251549
I heard Aristotle's Rhetoric is pretty good.
How To Win Friends And Influence People by Dale Carnegie is my favorite book so far.
Any other good shit?

>> No.11251607

>>11251595
>ghost wars
>directorate S
>the dictators handbook
>Corporate warriers
>1984
>animal farm
>the hawk and the dove
>1984

>> No.11251608

>>11251522
>>11251548
Did you hear about how he tried to score a wicked deal with Uber during their CEO turmoil?
Uber didn't take his offer, but I was surprised to hear that he was doing private equity.

>> No.11251613

>>11251607
>warriers
Holy shit what the fuck, warriors
t. amerimutt education with 2 hours of sleep ladies and gentlemen

>> No.11251614

>>11251578
>>11251578
I’m 23 and want to be 100% in stocks for at least the next 10 years. So to me the bonds are useless because I have no need to be conservative.

I’m thinking about just doing a total US index fund and calling it a day. Unless there’s something better you’d recommend?

>>11251588
That’s a good idea thanks

>> No.11251633

why are you people always asking waht to buy

buy QQQ 25% SPY 25% SSO 25% QLD 25%

leverage the entire market at 1.5x, retiring is easy once you have the monthly capital to add to your principal

>> No.11251636

>>11251594
Idk, might not quite there yet.
I'll be for sure yuppie scum if the interview with Google or Amazon goes as well as I'm hoping.

Otherwise, my parents covered college, I graduated in 7 semesters, my start-up that I founded in college with my roommate who's now at Google was evaluated at 400k, which is more than HMNY is currently worth... I am NOT humble kek

>> No.11251639

>>11251633
I think you mean

TQQQ UDOW FAS and DFEN.
Maybe SOXL and SPXL

>> No.11251644

>>11251574

Whatever you think comfy, you brainlet of a xir

>> No.11251649
File: 39 KB, 262x192, 1486387731638.png [View same] [iqdb] [saucenao] [google]
11251649

>>11251644
>the canadian thinks he can have a valid opinion
Just go back to work for your chink landlord, okay leaf?

>> No.11251660

>>11251636
I thought you were a boomer for using the word Yuppie.
Turns out you're just some anon who made it already.
Without giving the name/too much away what was the start up?

>> No.11251663

>>11251607
>1984
>Animal Farm
YES.
The fucking guy from Renaissance Technologies likes quoting Animal Farm.

>>11251614
>I’m 23 and want to be 100% in stocks for at least the next 10 years. So to me the bonds are useless because I have no need to be conservative.
I'm 23 and that's roughly me.
I'm doing half to 2/3 big cap and the rest is Russell 2k.
>I’m thinking about just doing a total US index fund and calling it a day. Unless there’s something better you’d recommend?
Vanguard recommends VTI, the world index, for it's employees, but I don't want to invest in poo in loo economies no matter how G R O W T H they are.
It supposedly is risk mitigation or something like that since US recession is uncorrelated with other recessions or something like that.

>> No.11251670
File: 952 KB, 1345x1550, bizlit 2015 edition.jpg [View same] [iqdb] [saucenao] [google]
11251670

>>11251595
Plato's republic is nice if you want to read Aristotle
A Randow walk dow Wallstreet is a good one, the Bell Curve is too. Security Analysis, Black Swan, and Fooled by Randomness is too
also How Not to be Wrong and Energy and Civilization: a history, Thing Explainer, Stuff Matters, the Bully Pulpit

fuck I need to start reading more

>> No.11251676

>>11251608
Buffett-sama has done that with Kraft-Heinz if I remember right: something to do with buying the companies, pocket fat dividends, merge them and exit scam with an IPO

>> No.11251678
File: 60 KB, 546x366, bueno_2.jpg [View same] [iqdb] [saucenao] [google]
11251678

>>11251636
Dat hubris
Beware that it won't be your downfall senpai

>> No.11251680

>>11251676
he and 3g capital bought kraft and heinz, sold off mondelez, then gave himself an 8% preferred dividend, but now its public so shareholders are getting all the current cashflow

>> No.11251682
File: 33 KB, 1024x768, math-analogies-jpg.018.jpg [View same] [iqdb] [saucenao] [google]
11251682

>>11251633
>No DIA
opinion discarded

>>11251644
hes not wrong about DFEN, or buying the companies that make up DFEN anyways (LMT, BA, HON, NOC)

>> No.11251690

>>11251660
>I thought you were a boomer for using the word Yuppie.
>Turns out you're just some anon who made it already.
I guess. I'm not "financially independent" yet -- that's when you've really made it, like a Rothschild.
>Without giving the name/too much away what was the start up?
We never incorporated. It was college and I had a real job lined up. Career progression is way more important than that kind of risk at this point in my life, and my co-founder kind of talked me out of it.
There's already enough info in the archives to doxx me kek
It was a cybersecurity product -- that whole industry is absolutely flooded with price discrimination and is absolutely ripe for disruption.

>> No.11251704

>>11251649

I DIDNT ASK FOR THIS

I also dont have a seething wojack for this, but if I did, it would be here.

>> No.11251715

>>11251663
Yeah I hear a lot about splitting between US and world indicies in some ratio to hedge for risk and whatnot. I guess the idea is that over the next 30 years or whatever, during some years the US will be doing better and other years other parts of the world will be doing better, so by having a mix of both you capture all the good times. But I haven’t really bought into it. Most likely because all I’ve know so far is a great US bull run and the rest of the world being relatively stagnant, so I think I’ll stay 100% US for now cause yolo

>I’m doing half to 2/3 big cap and the rest is Russell 2k
Would you mind sharing which funds specifically?

>> No.11251717
File: 645 KB, 1440x2149, Screenshot_20180929-142130_CNBC.jpg [View same] [iqdb] [saucenao] [google]
11251717

Hope you loaded up frens

>> No.11251719

>>11251680
thx senpai

>> No.11251743
File: 29 KB, 768x458, world stockmarket caps.jpg [View same] [iqdb] [saucenao] [google]
11251743

>>11251715
>>Yeah I hear a lot about splitting between US and world indicies in some ratio to hedge for risk and whatnot. I guess the idea is that over the next 30 years or whatever, during some years the US will be doing better and other years other parts of the world will be doing better, so by having a mix of both you capture all the good times. But I haven’t really bought into it. Most likely because all I’ve know so far is a great US bull run and the rest of the world being relatively stagnant, so I think I’ll stay 100% US for now cause yolo
USA is > 50% of the worlds total market cap, so be careful how you split it up

>> No.11251753

>>11251670
>fuck I need to start reading more
I know!
I unfortunately have more important shit -- so the first thing I'll fucking get around to reading is fucking "Cracking the Coding Interview" if at all.

I also got a copy of "The Power of Habit" which I hoped would help me crack into reading more... I've come to realize that prioritization is the main issue, and I'm probably handling it mostly right.

>>11251561
This. Yeah.
He's just milking it and trying to off-load himself from taking a hit from an actual bankruptcy.
Kind of reminds me of the CEO of HMNY.

>>11251670
Good shit, anon.
I'm not really just shooting for finance literature.
If I was, I'd just do Buffett's letters and the intelligent investor first and foremost.

There's a lot of better and less directly relevant literature in finance that I'd get around to before the majority of shit in that pic. It's hard enough to find time for reading as is... I also trust math models and algo shits more than the intuition that those other 2nd rate books (at least half the items in the pic desu) could possibly give me.

>> No.11251769

>>11251676
>>11251680
I distinctly remember that as well. He's so cool.

>>11251678
I know :'(
I'm fairly aware of it.
Something that's really funny about it is that the last time that I interviewed with Google, the interviewer mentioned that many Googlers are probably very guilty of / affected by hubris

>> No.11251784

>>11251633
>leverage the entire market at 1.5x
I like that number.
This anon is a critical and independent thinker.

>> No.11251836
File: 26 KB, 333x499, 519UW4mUgfL._SX331_BO1,204,203,200_[1].jpg [View same] [iqdb] [saucenao] [google]
11251836

>>11251753
ya i prioritize reading the web on my phone instead of reading books that take more than 10-15 minutes to finish, and I need to stop

>I also trust math models and algo shits more than the intuition that those other 2nd rate books (at least half the items in the pic desu) could possibly give me.
same, thats an old pic from biz, because too lazy to make one of my own
but math is superior to words when it comes to TA most, if not all the time

and cant believe i forgot, but the autobiography of benjamin franklin by benjamin franklin is an absolutely fantastic read for so many reasons

>> No.11251849

>>11251715
>Would you mind sharing which funds specifically?
It was just what my company had available in Fidelity with a low expense ratio.
I should probably just dump everything into an index like SPY / SPX desu.

>>11251743
>USA is > 50% of the worlds total market cap, so be careful how you split it up
Fascinating.
So, if you did just go all in on VTI, it'd already be 50% US stocks.

>>11251715
>Most likely because all I’ve know so far is a great US bull run and the rest of the world being relatively stagnant, so I think I’ll stay 100% US for now cause yolo
>and the rest of the world being relatively stagnant
This.
Maybe it's just scale or some kind of selection bias for solely what I've heard, but I'm not impressed by the returns for the international stocks that I've heard of or seen recently added to Robinhood
>Nestle
>Tencent
>Nintendo
>Sky (telecommunications / ISP for Europe)
Particularly Tencent is surprisingly underwhelming because I've heard of China's BAT (Baidu, Alibaba, Tencent) as analogous to our FAANG

>> No.11251850

>>11247997
>flounder run
which one, christ give us some content here

>> No.11251860

All in on BOTZ. AI and RPA stocks are going to skyrocket. Just look at Alteryx.

>> No.11251887
File: 43 KB, 749x532, World-market-investments[1].jpg [View same] [iqdb] [saucenao] [google]
11251887

>>11251849
>>So, if you did just go all in on VTI, it'd already be 50% US stocks.
well it depends on how the rate changes over the years, but right now yes

>> No.11251891
File: 181 KB, 1067x851, 3hjrdkbaefo11.png [View same] [iqdb] [saucenao] [google]
11251891

>>11251784
>1.5x
Fucking pusssyyyyy

>> No.11251990

Who /weekend drinkers/ here. I'm on call and need to live vicariously through others

>> No.11251997

>>11251860
>BOTZ
I like the theme but I think this ETF is going nowhere
You are better off doing DD on its holdings and picking individual companies.

>> No.11252008

>>11251990

Ive had 2 beers and 1 spiced rum and pep so far. gf is bringing more rum home soon

>> No.11252047

why aren't you betas creating your own startup? take the redpill

>> No.11252100

>>11251743
more like 56% amirite? *cough*....alright, I'll see myself out

>> No.11252102

>>11251849
>So, if you did just go all in on VTI, it'd already be 50% US stocks.
VTI is total US index ETF
VT is total world ETF

>> No.11252138
File: 198 KB, 504x286, tHMv3.png [View same] [iqdb] [saucenao] [google]
11252138

>>11251521
YOU WERE THE ONE WHO ASKED, WTF
WHY ARE YOU SO MAD AT MY ANSWER AHHHHHHHH

>> No.11252141

>>11251743
I hate when people meme on the financial independence subreddit about how investing in US total market is just home bias and people would think the same about the Nigerian total market if we lived in Nigeria, and that instead just invest in world total market to truly diversify.

It's fucking bullshit. The US is the best market to invest in because it's #1 by a massive margin, not because of fucking home bias.

>> No.11252156

>>11251860
BOTZ is just a shit version of the overall NASDAQ with a higher expense ratio.
QQQ

>> No.11252178

aHHHHHHH i hate Weekends.

>> No.11252195

>just got my first paycheque from wagecucking

is it still a good time to buy weed stocks? I stopped following them about a year ago

>tfw bought weed at $2 and sold at $11

>> No.11252238

>>11251836
>ya i prioritize reading the web on my phone instead of reading books that take more than 10-15 minutes to finish, and I need to stop
Same.
I read The Wall Street Journal a lot.
Even the New York Times is too sensational for me now.
I just got a subscription to Harvard Business Review. It seems like top notch shit.

>>I also trust math models and algo shits more than the intuition that those other 2nd rate books (at least half the items in the pic desu) could possibly give me.
>same, thats an old pic from biz, because too lazy to make one of my own
>but math is superior to words when it comes to TA most, if not all the time
Exactly! Just let the math model figure out what is and isn't significant, what is and isn't noise.

There's too much shit like ZeroHedge where they derive signals from noise. There was once an article on there screaming about a yield curve inversion, but it was in the global bond market or corporate bonds... Yield curve inversion has only been shown to be significant for US treasuries -- German bunds do not have the correlation with German recessions that US treasuries have with US recessions, AND it's only with inversion of the 2 year and 10 year yield.
There's no significance to a world bond yield curve inversion even if it was correlated because shithole countries like Venezuela and Turkey are already in economic turmoil, so you can just point to the underlying thing that was intended to be predicted instead of screaming about the indicator that's supposed to predict it, because it's already happening!

>> No.11252312

>>11251860
BOTZ is shit
>>11251997
>>11252156

Look at the underlying of BOTZ in etf-db. It's straight meme shit.
If you really want to invest in machine learning, which I did a presentation about on Monday night, invest in the following:
>NVDA
Training machine learning models typically requires a fucking farm of GPUs. NVDA has the best GPUs and created this software framework called CUDA that is the gold standard for GPU programming.
>GOOG
Best ML research and data scientists.
They're also creating "TPUs" which are GPUs specially crafted for utilization by their ML framework called TensorFlow
>FB
Also has very good ML research and data scientists.

Maybe:
>TSLA
Self-driving cars that are on the market. Google has Waymo though, and well, Elon Musk is kind of nuts. I love Elon, but I won't buy his stocks. Also, lots of debt and struggling to profit, unlike the previous 3.
>MTCH, IAC
Most dating websites have some ML to their matching algorithms, and IAC owns most of them
>MSFT, AMZN other FAANG companies
Most are doing stuff with ML and successfully monetizing it.

Most other companies don't really have what it takes to monetize what they're doing with ML

Otherwise, BOTZ is a shitty way to diversify over ML companies for people that can't afford to do so on their own (not enough capital) and will of course come with overhead expenses and slightly less liquidity

>> No.11252315

>>11252312
At least pick through the underlying of BOTZ and buy those directly instead of holding BOTZ if you can, but BOTZ is horse shit.

>> No.11252340

>>11251891
1.5x is safe-ish for holding through a recession.
3X ETFs experienced over 95% drawdown in the housing bubble crash, and most probably would've been liquidated.
He said something like "retiring in no time", as in holding for years. I absolutely wouldn't want to hold a 3X through a recession, and despite how knowledgeable I am, I don't fully trust my ability to predict one -- this is more of a strategy for a 401k or managing a fuck ton of cash, rather than my Robinhood gambling account.

>> No.11252347

>>11251990
>I'm on call and need to live vicariously through others
What do you mean by on call?
And who would you be living vicariously through?

>> No.11252352

How reasonable is it to hold UDOW long term as a strategy for a hedge?
Like say you threw 100 bucks at it every month or so.

>> No.11252386

>>11252102
Well, I'm not doing it anyways lol my bad.
I thought that I read they were recommending VTI over VOO... I forget exactly what I read. It was just an interesting idea to entertain.
Thanks for the correction.

>>11252141
Redditors are very poorly informed.
I used to go to WSB half for the laughs, but now, I haven't let that website load on any of my devices in over 8 months.
They're just so poorly informed.

>>11252156
That's not quite true, although it is true is spirit.
QQQ is literally about 20% AMZN, then heavy in other big caps.
BOTZ, if you look into it in etf-db, is at least 50% horse shit and memes. Even some small name, unprofitable companies that I've never heard of in there IIRC.

>> No.11252391

>>11252352
Now you got me curious. I've got to pull up a really solid article that I found a few months back now.

>> No.11252423

>>11252347

His work could call him in at anytime, and hes living through the people who are able to be free and drinking. Like me. 2ns rum and pep now.

>> No.11252442

>>11249219
I was actually planning on a combination of NBEV and IGC. So it's nice to see replies reaffirming my choices. IGC is however looking suspect though, which i felt unsure of them anyways based on their website. The pharma side of the company is like one Asian guy mixing up lmao weed serum. Thanks for the replies though, I'm brand fucking new to trading and just going to fool around with small amounts until i feel like i have a decent grasp on this stuff.

>> No.11252448

>>11252442

>what is confirmation bias.

>> No.11252476

BREAKING: Elon Musk and SEC reach settlement on fraud charges that will keep Musk as CEO but force him to resign within 45 days as Chairman for 3 years, pay $20m fine and have Tesla appoint 2 new independent directors and also pay $20m fine - sources

https://twitter.com/CNBCnow/status/1046146343192993792?s=20

Tesla will resurge on Monday.

>> No.11252483

>>11252476
>Tesla will resurge on Monday.

Yep. That'd be consistent with Tesla chart patterns.

>> No.11252486
File: 426 KB, 931x682, 13b.gif [View same] [iqdb] [saucenao] [google]
11252486

>>11252476

>tfw bought the dip

>> No.11252537

>>11252391
>>11252352
>>11251891
>>11251639
>>11251633
>>11251682
>>11249765
>>11249871
>>11249799
>>11249953
https://seekingalpha.com/article/4121068-best-3x-leveraged-etf

Can't find all the posts from the argument about 3X ETFs, so I'm just going to be an autist and reply to a fuck ton of posts.
Seeking Alpha is usually a shit resource, but this particular article that I found a few months ago had simulations of 3X ETFs run over the course of 30+ years.

Most of the ETFs that weren't shit like "leveraged treasuries" had a drawdown of over 99%

>> No.11252553
File: 16 KB, 326x326, 7b9.jpg [View same] [iqdb] [saucenao] [google]
11252553

>>11252423
That's what I thought he meant by on call.
>MFW drinking while on call

>> No.11252605

>>11252448
Honestly I narrowed down to those two before i came to /biz/ due to price and my childlike comprehension of stock charts. Just wanna fuck around with the weed bubble to learn. Me specifically seeking out threads about those two stocks would be confirmation bias but i kept my question pretty open. Hitler asking /pol/ about the jews would be a better example of confirmation bias i think.

>> No.11252624
File: 1.61 MB, 2048x1321, 1509050782365.jpg [View same] [iqdb] [saucenao] [google]
11252624

LMT or BA
thoughts on which to long?

>> No.11252634

>>11252476
Musk is still CEO, just as I predicted

>> No.11252648

>>11252537
the author is talking about buying the very top of 1987 and 2008
black friday already happened again in february, we survived this time, the fed patched all crashes
also if you put in money each year youd end up on top anyway

>> No.11252666
File: 154 KB, 750x1334, 91905627-FDBB-43B8-9CEB-FB999A082570.png [View same] [iqdb] [saucenao] [google]
11252666

>>11251850
DNN had been ranging from .49 to .53. Last week it broke .55 and is up around .67 right now.

>> No.11252682

>>11249765
this shit apply to USLV as well?
I dont see the risk of holding uslv long term when if it spikes again its going to spike back to historical prices no?

>> No.11252727
File: 201 KB, 1440x2560, Screenshot_20180929-194845.png [View same] [iqdb] [saucenao] [google]
11252727

>>11252624
That's a tough one
I like LMT way more, but BA is up 130% for the past year and a half, while LMT is only up 40% from a similar time period

On the one hand LMT is a solid company that had a small problem with paying pensions
On the other hand BA is a roaring success with a failing commercial airline company that's constantly dragging it down

Both have tasty dividends though, so try for a little but of both

>> No.11252826
File: 305 KB, 1407x827, LMT 09292018.jpg [View same] [iqdb] [saucenao] [google]
11252826

>>11252624
>>11252727
LMT is probably better for the next year, but if you want to be cautious then wait to see what they say at the next earnings call (an earnings call derailed them back in arpil

>> No.11252840
File: 309 KB, 1407x828, BA 09292018.jpg [View same] [iqdb] [saucenao] [google]
11252840

>>11252826
LMT is probably the safer of the two, but BA has been unstoppable since Trump got elected
this could change in the future, since China makes up a large market for their commercial airplanes, while LMT lacks exposure to china, for better or worse

>> No.11252849
File: 1.06 MB, 1200x630, PERISH.png [View same] [iqdb] [saucenao] [google]
11252849

>>11252486

>> No.11252949
File: 570 KB, 599x607, 1488313072666.png [View same] [iqdb] [saucenao] [google]
11252949

>>11252537
>seeking alpha
Get this dumb shit out of my face

>> No.11252983

if I want to buy SPY am I retarded to save cash until a 10% correction and then dump it all in at once? and then do it again next time? would I gain anything or should I just buy some every month?

>> No.11253004

Microcap conference on monday.

Will there be a pump?

>> No.11253021

>>11252983
You're best off dumping in it now. A correction like that is unlikely to happen any time soon

>> No.11253027
File: 489 KB, 1440x835, Screenshot_20180929-172943_Twitter.jpg [View same] [iqdb] [saucenao] [google]
11253027

>>11252634

>> No.11253044

>>11253021
let's say I just bought the february 10 percenter. would it still be smarter to buy now than save for the next one?

>> No.11253095

>>11253044
Yes, if there is another correction soon then it won't hit as hard as February. I don't think it's good to be sitting in cash right now, the market will be going strong into next year

>> No.11253123

>>11252949
Read a little
>>11252537
>Seeking Alpha is usually a shit resource
>but this particular article that I found a few months ago had simulations of 3X ETFs run over the course of 30+ years.

>> No.11253138

>>11252648
>black friday already happened again in february
That was definitely NOT a repeat of black Friday
>we survived this time, the fed patched all crashes
The fed did not save us in February (which they would do by cutting rates)... in fact, February was caused by Jerome Powell announcing an expectation of multiple rate hikes a few days before the correction

>> No.11253166

>>11253138
The february correction was caused by a bond spike, black friday was caused by a bond spike....

ergo, we survived this time. I didnt say the fed saved us in feb, I said they patched all crashes from here on out

>> No.11253197
File: 4 KB, 321x87, September 7th 2018.png [View same] [iqdb] [saucenao] [google]
11253197

>>/biz/thread/S10990550#p10995219

>> No.11253208

>>11253166
fucking Black monday I mean kek

>> No.11253228
File: 29 KB, 300x403, alsharpton_t300.jpg [View same] [iqdb] [saucenao] [google]
11253228

Why does it gotta be "black" monday

>> No.11253237

>>11247144
where can i find a girl like this?

>> No.11253248

Cause he's a racist...

>> No.11253260

What time is movie time

>> No.11253271
File: 4 KB, 392x52, picrelatedddd.gif [View same] [iqdb] [saucenao] [google]
11253271

>>11253260
9:30 MOUNTAIN TIME @ pic related

>> No.11253286

>>11253271
Fuck I gotta wait TWO MORE hours god DAMN

>> No.11253339

>>11252312
>All these tech stocks
Wouldn't it make sense to hedge your bets by diversifying in other market sectors? Not to say I have anything against tech, a lot of my assets are in tech, but there does seem to be a bubble.

>> No.11253363
File: 2.12 MB, 250x188, 1451732457304.gif [View same] [iqdb] [saucenao] [google]
11253363

>90% of stocks I look into hit a sharp decline last December and have been either continuing to crumble or finally petering out into neutral irrelevance at the bottom of the barrel
>"Bullish"/"Very Bullish" -- 9.2/10

What's the big idea
all the books I read tell me to just think for myself at the end of the day
but all I think is "wow better stay the fuck away from that"

>> No.11253372

>>11253271
whats that in real time? (EST)

>> No.11253382

>>11253027
tell that to the board

>> No.11253398
File: 1.33 MB, 592x448, 1538187897628.gif [View same] [iqdb] [saucenao] [google]
11253398

>>11253363
dummy, you not thinking for yourself if you asking us for what think >_>
sounds like you talking about crypto though kek

>> No.11253436

why do faggots moan about trading fees taking a cut out of their profits? Do they not know about discount brokerages?

>> No.11253459

>>11253436
They believe the Bloomberg bots that spend 8am to 10am every weekday sitting on Robinhood and other similar brokers in these threads

>> No.11253481

>>11253166
Alright, fair enough

>>11253228
Kek

>>11253339
>>All these tech stocks
>Wouldn't it make sense to hedge your bets by diversifying in other market sectors? Not to say I have anything against tech, a lot of my assets are in tech, but there does seem to be a bubble.

Well, BOTZ is intended for investing in AI, ML, and possibly robotics, but it's naively constructed.
Tech is simply where you invest for AI and ML... There's no alternative.
I think nothing that innovative is really coming in robotics, aside from what Boston Dynamics is doing -- which was acquired by Google IIRC. Otherwise, it's coming from DARPA or maybe Tesla. Unfortunately, Uber is still private as well.

Tech traditionally does ride pretty high with P/E ratios because it's full of economies of scale and growing earnings, but even accounting for growth, you are correct that it is riding particularly high lately.
I don't think you're going to be able to avoid companies with that kind of overvaluation and still invest in ML.

So, if you're going to make this kind of play (on ML, AI, and robotics), it's kind of not diversified from the get-go. You're also not going to really be able to make such a play without purchasing companies that are valued in a rosy manner -- the growth that is expected of these companies inherently gives them these rosy price tags.

>> No.11253510

>>11253436
>why do faggots moan about trading fees taking a cut out of their profits? Do they not know about discount brokerages?
If you are only investing with 1000 bucks, and your trading fee is $3 per trade, then after 100 trades, you're down 30% to $700.
Even with the 30k-40k that I'm investing with, the brokerage fees are absolutely not negligible and make it harder to get the returns to justify not using a savings account, CDs, or bonds instead.

>> No.11253540

So what's your day trading setup, anons? I use heikin ashi with bollinger bands at 5 minute intervals, along with awesome oscillator and aroon. Easiest system for me by far, compared to the other ones I tried and failed with. I make 2 trades a day, rarely more, and this system makes it easy to spot the one whose wave I can ride or short.

>> No.11253575

>>11253540
>So what's your day trading setup, anons?

none
I typically hold positions for weeks or months

>> No.11253580

>>11253510
never buy bonds when a cd pays close to the same rate. bonds have principal risk that is very large and cds are insured with no principal risk.

>> No.11253616
File: 25 KB, 960x540, numogram-10.png [View same] [iqdb] [saucenao] [google]
11253616

>>11253271
What we watchin' tonite comfer?

>> No.11253621

>>11253540
What platform do you use? What broker/charting? Can't do this shit on RH

>> No.11253632

>>11253621
Try tradingview, it's free. I like to chart in tradingview then do limit buys and sells based off that in RH.

>> No.11253652

Daily reminder. If you have a Stocktwits account don't forget to join the official /smg/ room https://www.stocktwits.com/r/SMGOfficial

>Stocktwits

Yeah I know. Listen, just join alright it's not going to kill you.

>> No.11253662

>>11253580
Thanks, I was curious about that.

>> No.11253674

>>11253652
Worse than discord
>>11253616
Taxi Driver

>> No.11253688
File: 14 KB, 225x225, 1488339224787.jpg [View same] [iqdb] [saucenao] [google]
11253688

>mfw i pretest taxi driver from google drive and it actually works this time
NO MISTAKES TONIGHT BOYS

>> No.11253690

>>11253652
>Daily reminder. If you have a Stocktwits account don't forget to join the official /smg/ room https://www.stocktwits.com/r/SMGOfficial
How active is it? Is it just Planes shitposting?

>> No.11253721

>>11253674
>worse than discord
WRONG! Discord is way more cancerous.

>>11253690
Rooms feature on Stocktwits isn't online yet. They might open in October.

>> No.11253759

I am new to this shit. I want to max out my IRA and my company offers a Simple IRA and match 3%. Should I just max it out with that simple IRA or is it better to do 3% with them and the rest into a roth or traditional IRA?

>> No.11253848

>>11253759
IRAs are kind of different from 401ks.
I think you just described a 401k.

>> No.11253865
File: 482 KB, 1000x1926, 1469216023187.jpg [View same] [iqdb] [saucenao] [google]
11253865

>>11253688
>6 weeks later

>> No.11253868

>>11253759
For a 401k, my company does some kind of matching and has Roth IRA and Traditional IRA in there.
I max the Roth (the limit is like 5000 bucks) then everything else into the Traditional. You should definitely maxing out what they offer to max.
I'm maxing out my full 401k.

>> No.11253870

>>11253848
Simple IRAs are a weird IRA-401k hybrid designated for really small companies that aren’t able to offer traditional 401k plan. It’s basically an IRA that your company can also contribute to.

I don’t know enough about them to answer his question but from what I understand they work the same way as traditional IRAs but the contribution limit is greater (12.5k vs 5.5k)

>> No.11254178
File: 78 KB, 426x364, 27D31065-F5DB-4D09-866B-0BEB4624B688.jpg [View same] [iqdb] [saucenao] [google]
11254178

Y’all can bake the next one. I’m going to sleep.

>> No.11254208

>>11253632
Useless without real time data and level 2 though

>> No.11254250
File: 29 KB, 420x420, vpln2p2yi2v01.jpg [View same] [iqdb] [saucenao] [google]
11254250

>>11253652
Nice try FBI...

>> No.11254292

>>11254178
Night night, you always go to bed so early. It's only 10:30 over there!

>> No.11254311

where's the movie comfy

>> No.11254330
File: 12 KB, 348x109, adfsadsf.gif [View same] [iqdb] [saucenao] [google]
11254330

MOVIE NIGHT NOW

>> No.11254423

>>11254178
Goodnight!

>> No.11254484

Are there any official /smg/ facebook groups/pages to follow? Any twitter accounts?

>> No.11254639
File: 368 KB, 692x577, 1538272385552.png [View same] [iqdb] [saucenao] [google]
11254639

>>11254330
You do these too late ;_;
Me am in bed pretending am freezing to death in snow storm, savoring the total numbness that gives me reprieve from pain for once in life that is ironically right before dead

>> No.11254667

>>11252476
still not touching that shitty cult stock and all the drama that faggot like to create.

>> No.11254695
File: 52 KB, 750x1000, raf,750x1000,075,t,fafafa_ca443f4786.jpg [View same] [iqdb] [saucenao] [google]
11254695

WHEN THE FUCK IS THE NEXT GLOBAL FINANCIAL CRISIS? JESUS CHRIST, I'M SITTING ON $80K WORTH OF BOND FUNDS. I JUST WANT TO PUT IT ALL ON 3X SP500 WHEN IT CRASHES. I CAN'T WAIT UNTIL I'M 65 TO BE A MILLIONAIRE. FUCKING CRASH ALREADY.

>> No.11254702
File: 400 KB, 741x831, 00tk25supusx(3).png [View same] [iqdb] [saucenao] [google]
11254702

>>11254639
Sweet dreams sweet angel of /SMG/, come back when you're feeling better tomorrow!

^_^

>> No.11254708
File: 42 KB, 532x404, the_musk_is_not_leaving.jpg [View same] [iqdb] [saucenao] [google]
11254708

>>11251079
It's gonna be chaos. Bedlam. Hoping TSLA goes up. I've got five shares.

>> No.11254733
File: 1007 KB, 1440x2560, Screenshot_20180930-005103.png [View same] [iqdb] [saucenao] [google]
11254733

>>11254708
>BBC headline:
> Must out as Tesla's chair over fraud case

Average person won't see these headlines as a reason to buy

>> No.11254740

>>11254695
Crash it yourself, Bane.

>> No.11254751

>>11254733
man, fomo my life

>> No.11254884

>>11254733
I'm willing to believe that people will read beyond the headlines and even read the full SEC statement.

>"Tesla will establish a new committee of independent directors and put in place additional controls and procedures to oversee Musk's communications"
I'm gonna miss that Musk Man shitposts.

>> No.11254937

>>11254708
It's getting pumped. Musk got a slap on the wrist for securities fraud. All longs are celebrating.

>> No.11254944

>>11254884
If it makes you feel better, they are probably going to ignore the spirit of all the courts decisions and just keep doing what they've been doing all along just with two more "independent" board members.

>> No.11255026

But what if I set a stoploss on my 3xleveraged ETF?
>go up x3
>never go down

>> No.11255045
File: 2.72 MB, 1280x720, The Bogdanoffs.webm [View same] [iqdb] [saucenao] [google]
11255045

>>11255026
>a wild pre-market dump appears

youll still end up bogg'd

>> No.11255065

>>11254695
It's in 2020 according to Bernanke, the former head of the federal reserve.
That's when we're due for another fiscal cliff, and student loan defaults are supposed to hit some crazy number by 2023.

>> No.11255081

>>11255026
Won't do shit, senpai.
LCI halved at open.

>> No.11255108
File: 23 KB, 640x399, 1524876313533.jpg [View same] [iqdb] [saucenao] [google]
11255108

>>11254639
first for sleeping through movie night

>> No.11255131

>>11254733
>Average person won't see these headlines as a reason to buy

Doesn't matter. Average joe retailer is a fomo guinea pig. TSLA had a sell off on Friday. On Monday that dip will be bought, in part because the issue is resolved and in part because the stock is now ripe for pumping.

>> No.11255149
File: 265 KB, 1280x720, tumblr_nlxtisy8Ua1qmb3zgo2_1280[1].jpg [View same] [iqdb] [saucenao] [google]
11255149

>>11255065
just in time for elections

I thought student loan defaults already are some crazy number?

>>11255108
s'allright, movie was soso, and short

>> No.11255171

no second movie?

>> No.11255180
File: 2.12 MB, 322x232, blue shell ends george.gif [View same] [iqdb] [saucenao] [google]
11255180

>>11255172
>>11255172
>>11255172

New!!!

>>11255172
>>11255172
>>11255172

>> No.11255188
File: 80 KB, 750x734, bamboozling.jpg [View same] [iqdb] [saucenao] [google]
11255188

>>11255171
does not appear to be, was a very short night

>> No.11255257
File: 7 KB, 236x236, 51398bea37a92699ccc1c538f07d70f4--collection-search.jpg [View same] [iqdb] [saucenao] [google]
11255257

alone on biz in saturday night? better join to this pump discord channel: 7qruaKj

>> No.11255293
File: 313 KB, 700x700, 1483501012488.png [View same] [iqdb] [saucenao] [google]
11255293

>>11255257
how dare you prey on me at my lowest

>> No.11256095

>>11255065
2008 was about defaults on housing loans
2020-2023 will be about student loans
who's gonna be the next Michael Burry? You don't need to be an autistic savant to notice the next big thing.