/biz/ - Business & Finance

I’m actually missing all the December volatility. This market is boring.

No wall even though the situation is worse than Vietnam, to Chinese trade deal, no reason not to short the market.

First for glory of bobo

GBR poppin

Does anyone have an opinion on BNDX for a long term hold?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN AND THAT COMMIES AND SOCIALISTS ARE BETAS

Acquire Currency
Purchase SESN

what's the worst investment you've ever made? This one takes the cake for me.

SSO AND QLD OWNERS RISE UP

TAKE THAT VOLATILITY WITH YOUR IRON HANDS FOR BASED RETURNS

>>12388450
>Purchase SESN

Waiting for my order to go through at .80

>>12388454
Lost about $800 yoloing options

>>12388415
seriously, my fucking straddle is getting choked by sideways

Is the secret to getting rich in the market to never sell?

>>12388394
this is why I hate twitter roses. I'm honestly glad the DSA kicked me out for my opinions on "feminism and BLM". no one can take even the mildest critiques of this shit.

>>12388454
I bought Navios Maritime Partners (NMM) for their 10% divvy at around $9 a share, they cut their divvy and I held it all the way down. I DCA's at about $1.50 per share and sold it when it went back up to $2.00 per share. Lost about $500 on that trade.

Second would be GE, bought at 13 and sold at 11, only lost about $100.

Everything else I've either made money selling or I haven't sold yet. I'm currently down 20% on IP but I just plan on cost averaging and holding the company for 25 years

>>12388454
well at least you didn't put much money in

>>12388432
That's a really interesting bond ETF anon! I'll have to look into it

>>12388454
LCI

>>12388472
the secret to getting rich is

buy index funds and top 20 blue chip companies, and never sell them until you ened the money in retirement

>>12388454
I bought a ton of bear shit like an hour ago.

>>12388475
It's a satire account kek. I have to agree though, Tim Faust types are the worst of the worst

>>12388454
Every choice I've ever made

>>12388506
How boring is that though?

>>12388489
Wh ydid you buy GE after they were downgraded to junk and they were on a downwards spiral? Now you may buy ge since it’s at the bottom los 90% of its value (SIC), I would put my limits on 13 sell

lol White people are so fucking pathetic.

Get used to a century of Chinese dominance, beta vegan faggots.

>>12388506
>>12388472
You should at least re position towards bonds as you get closer.

>>12388532
Here's a better way imo, pic related.

hey remember when I asked if anyone was Mexican? Found the Mexican: >>12388546

>>12388546
>white people invests into china companies
>continues to rule through the companies
why is capitalism so based?

>>12388536
i thought it was at the bottom. i was wrong

>>12388454
>what's the worst investment you've ever made?

NBR at 4.12 and TME on day 1.

>>12388546
>>12388564
>Found the Mexican

>>12388489
>buying greek anything ever

>>12388454
Pandora at $25. Was too young to know better.

>>12388567
Ironically enough that model doesn't work great with China because of the capital controls they have. If you're getting ownership of a chinese company, you'd better believe you're giving them something besides just capital in return.

Load the fuck up on Dish Network

Guys, this is serious. I told my mom to liquidate her $800k index retirement portfolio with Fidelity in late December. The advisors told her not to do it but I convinced her. She heard about the market rebound on CNBC and is furious with me. She is threatening to kick me out of the basement so I am forced to get a job. She doesn't understand that I'm a trader who had a small run of bad luck. I'm shaking I'm so scared right now. I just wanted to do what was best for my mom. What am I supposed to do????

>>12388608
fucking love those sweets

>>12388620
stale copypasta is stale

>>12388620
Tell her to fomo in right now.

>>12388620
Beg for her forgiveness and kill yourself for being retarded

>>12388620
>What am I supposed to do????

>>12388640
they're my favorite too, close second is gummy cola bottles

>>12388569
GE is overlevegered with the energy sector. They depend on high demand for gas. GE manufactures gas turbines, the stock price is correlated with gas prices.

>>12388602
employ people to do it.

>>12388620
you should quit being a retarded faggot

>>12388620
go all in SLP 5 minutes before close today don't bitch out on me faggot

uhh fuggin 'el m8. up over 2% when is the JUST coming?

>>12388620
I know this is fake but it's hilarious nonetheless

Am I supposed to FOMO in now

Just reopened my AMD short. Here we go again.

>>12388826
yes fomo in now for the 2pm fed statement

>>12388454
Bought REQ at $1

Wait the fed is talking at 2pm? God damn it!

>>12388933
lower interest rates :^)

>>12388944
That'll fucking make gold moon, and I already sold all my gold. FUCK YOU POWELL YOU FUCKING BOGGED ME AGAIN!

>>12388853
not so fast bobo

Are there still retarded bears itt?

About that user tier list, where would wheelchair-girl fall?

>>12389022
I'm ready to close if it doesn't go my way but I don't want to miss a possible dump.

What's this fed thing about this time?

>>12389038
It's about how we forgot to price in 3 more rate hikes.

new lesson for bears: politics doesn't matter.

>>12389038
Going over what he already said last meeting.

>>12388454
SD years ago when they filed bk.. shit dropped so fast

>>12389038
>What's this fed thing about this time?

Uncle Powell will babble, say nothing really. No rate hikes, do reductions. Same old same old.

>>12388394
If the """words""" praxise or axe in place of practice and ask ever came out of the mouth of someone I knew, I wouldn't think they were misappropriating anything. I'd think they were idiots and would just stop talking to them. Add "lie-berry" to the list. Yes, some people unironically pronounce library this way. They are fucking idiots.

>bulls falling for an obvious fake out
haha I-I wish you could all see how much I'm laughing irl

>>12389047
>implying bears have the brain capacity to learn new things

>>12389074
they do. that's why i try and accelerate my permabull strat.

Thread theme:

https://www.youtube.com/watch?v=DvdeE6KzrTc

also, fuck bears

Leave my AMD alone. I need it at 25 dollars.

I finally gave up and sold the last of my coins at a 70% loss. Am I welcomed back here? I just want my comfy 8% annual gains back.

>>12389103
sell the hype, bucko.

>>12389117
We will accept you. We have always accepted you. Let your mistakes die in your mind. Be born anew.

>>12389117
the game is to HOARD assets.
buy these coins back if you don't need the capital.

>>12388394
CGA is green. Next stop 70 cents

>>12389134
Well atleast thats the resistance point.

>>12389117
damn the buy high sell low meme is true.

I'd advise you to look into bonds and defensive stocks, anon since we're pretty late cycle. Try buying low for a change.
>>12388548
look at pic related for inspiration.

>>12389117
You were always welcom, fren. This year might get rough, though.

>>12389134
that's my target for the swing, looking good so far lets pray the bogs shine a favourable light on us

>>12389162
>damn the buy high sell low meme is true
proof

>>12389134
>chinese agriculture stock

>>12389032
which one?

there has been a half dozen different people using her name at least this year at least

>>12389117
you've acknowledged your mistakes and made them as right as possible, welcome back

>>12389177
I thought they were a weed stock lol

Are EMB and FALN the most patrician bond etfs to hold forever?
Yes. Yes they are.

>>12388548
Could I have a run down on this?
You sell when bond yield inversion occurs and buy bonds? Then sell when it is curved again?
All while reinvesting interest/dividends

>>12389180
this one >>12379166

>>12389134

>>12389217
idk, by wheelchair girl, who do you mean then?

its not like i remember every single person whos ever posted here

Dear God. This chart is shaping up to the fucking T if that stupid ass meme chat used to show the btc crash.

>>12389221
Alright thx. Why do i even reply. Its fine though have a(you) buy the dip

Say hello to your new majority shareholder at Amazon

>>12389231
like 6 months ago there was some girl on here was deathly ill she had something wrong with her legs, she went by wheelchair girl or kneepads girl or something along those lines, I left from SMG for awhile because life got in the way so I can't remember her screen name was. This was the same time (comfy) had a YouTube channel he would actually upload content on and occasionally give shout outs on.

>>12389262
His face. No longer world richest man.

Boring day in the market.

>>12389262
is she divorcing him because of his eye?

i usually buy twice a month every month

should i add in some extra purchases? are we going back bull or will i get temporarily bull trapped?

>>12389278
He wasn't making enough for the lifestyle she wanted.

>>12389291
The absolute state of women. This pathetic bezos didnt earn enough

>>12389267
ah yes, rkg (reluctant kneepads girl)
again, there has been a dozen or so people using that name since she died the first time or two

the current one will be back next week ready to derail the fuck out of our threads once again

>>12389262
>>12389274
is it almost time for cheapies? or even better, an AMZN share split? (or is it reverse split?)

>>12389204
You sell when bond yield inversion occurs and buy bonds and then hold those bonds for three years before selling and going back into stocks. The basic idea behind this is that the yield curve signals a recession, and you put your money into a safe asset until the crash associated with the recession occurs. Wait a year or so after that to let it bottom out and hopefully start to recover and then put your money back into stocks that are at a massive discount from when you started. The strategy can be summed up pretty easily like this: don't eat the crash, and then buy the dip after the dust has settled. The biggest risks associated with this are lower gains if there's a false positive and capital gains tax. But, unlike what you've just experienced, the risk of loosing your initial investment is quite low.

Keep in mind this is just a model and you can adjust your own strategy to fit your needs. For example, if you put regular payments into your investment portfolio, simply start making payments towards bonds instead of stocks for that period of time (this will allow you to escape the capital gains tax of selling your whole position). Maybe put the bond money into a fund instead of actual bonds since the funds will increase in value as the yields decrease, although, there are perks if you buy the bonds raw themselves, since you get the principle back at maturity and you can re position it then according to the strategy.

Assuming you start in a defensive position, you're worst case scenario rn is 2-3% returns. Your best case scenario is about 30% annual average returns.

>>12389278
they both have fucked up retarded looking eyes

You boys ready for The Uncle Powell double the sour hour special?

>>12389310
true the bitch looks like a melted a off brand barbie doll

>>12389300
why is this superior to simply holding cash instead of buying equities and then buying the bottom, since you can time it apparently

surely equities bought at the bottom is better than 2-3 years of spending that money on boomer bonds

REEEEEEEEEEEEEEEE stop selling

>>12389312
>You boys ready for The Uncle Powell double the sour hour special?

Cheapy buying time.

Oil going gang busters, holy shit.

>>12389330
You don't necessarily need to buy the exact bottom, you just need to avoid the decline that marks the start of the crash and get back in before it fully recovers to when you started. Usually that's a pretty big window. The ideal time according to my model was 3-4 years of holding. Keep in mind it can sometimes take over a year from the start of the first yield inversion to the start of the recession, sometimes 2 years. I don't think it will take that long this time, but it's better to be safe than sorry!

Here, this graph shows what happens if you hold cash for this same time period, a log scale makes it more clear whats going on. Cash is subject to inflation risk, which is greatly mitigated by bonds.

anybody have a link for the poop

ONLY 2 RATE HIKES CONFIRMED

What the fuck is this? smg newbie, could you cash out on this if you bought it at ~$10 earlier in the day?

https://www.tradingview.com/symbols/NASDAQ-ORGO/

AMD announced simply an 8core cpu for AM4
They also just announced a slightly cheaper than RTX 2080 for the same performance 7nm consumer vega called "Vega 7".

It's fucking over for AMD stock for the short term. Sell and short.

>just finished lunch (Hunan sesame chicken with hot n sour soup)
>This is my fortune

What does it mean?

>>12389362
Historically, what’s the minimum delay between an inversion and a recession? Does holding an extra 6 months after make any difference?

>>12389262
>his fucking face
that is the man with 100% autism. you just know the only thing on Bezo's mind is business and expanding Amazon shareholder value

>>12389387
telling you to eat your cat

Powell just saved the markets everyone

>>12389387
its telling you to buy small cap disruptor companies

>>12389374
assuming you arnt locked out because of PDT, yes

welcome to the stock market

>just imagine how much you could make if you had 100 shares and sold them

crypto is for kids

>>12389387
I like your black kot <3

https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20181219.pdf

>>12389421
TYBP

We gainz train now bois

>>12389362
my point was if i have cash every month to spend, why would i buy bonds each month instead of saving it in cash as we keep going down, then when we reach 30-40% drop from ATH (close to the bottom of a recession) then start buying up extra equities every month with the spare cash I've saved up

bonds fucking blow and make like boomer% annually, i'd rather, if i can time the market, buy equities at 30-40% off then hold as they moon again like they always do

>>12389446
You're talking to an avoeed communist. He's all about ideas that sound good on paper instead of ones that actually work.

Buy and hold.

>>12389421
Really? i just got home from work what happend

>>12389369
So golden bull will resume?
>Bought a couple SQQQ at 1:55pm
On the bright side, my long holds will go up now right?
>>12389414
Never!
Also I doubt it, the cashier was cutie slightly chubby Asian gal

>>12389427
Why? Also which ones?

>>12389440
Thanks, I like your not-black kit too!

>>12389446
Having a wad of cash on hand to strike at opportunities is academic. Cash is king.

>>12389387
your cat knows what was actually in the food

>>12389397
It goes from 6 months to 2 years. If I shorten the model to 2 years, however, much of the gains dissapear since it's not enough time for the markets to bottom out.

>>12389446
Cash, as I mentioned, has inflation risk. The time between a yield inversion and a recession can be as long as 2 years, meaning you'll be loosing about 3% annually if you just hold in cash.

>>12389465
It's hardly a novel theoretical position to move to defensive assets after a yield curve inversion.

Should I diversify? I have 100% of my funds in VTSAX. I was thinking of including international (VTIAX), small (VSMAX) and medium (VIMAX) cap funds. Thoughts?

>>12389494
I would post my black cat, but she's very private
>>12389421
Based daddy powell

POWELL. Appearing from nowhere. Going in dry.

On the bears this time.

>>12388454

>>12389510
Diversification is for fucking losers

>>12389522
I still can't believe you did that shit

>>12389522
quit fucking around with this meme stock, clown

>>12389510
International markets are for faggots, get the aggressive growth vanguard mutual fund

What did Powell do? Can’t find any fucking news

Why hasn't everybody read the whole report and sold all their shit yet?

>>12389542
Powell? That dude is the fucking man, saved the us all what a guy

>>12389542
https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20181219.pdf

>>12389507
>switching to bonds after bonds become expensive
epic

>>12389510
Small and mid cap aren't diversifications if you are holding VTSAX. VTIAX is a good diversification though. Depending on your view of the US economy vs the rest of the world, you can make a split between the two. Maybe a 70-30 US vs Intl split.

>>12388454
My AMD Puts were pretty harsh.

my dumbest one was buying a fuck ton of options Before an aftert hours earning report , even though i was profitable it was still dumb as fuck

TODAY ISN"T OVER SELL THE SKY IS FALLING!!! VIETNAM 2 AND OIL IS TOO DAMN HIGH!!!!

>>12389571
you need massive moves to beat the IV crush

Hi

LOOK AT THE DOTS!!! WE"RE ALL DOOMED!!

>>12389571
my amd puts beg to differ

WHY ARE WE DROPPING

crap. The Humans arent satisfied

LOL

>>12389603
Powell wants to go in dry on bulls too.

I should have known.

>>12389603
COMFY LOOK AT THE DOTS. WE GO DOWN IN 2019, UP IN 2020, AND THEN DOWN IN 2021 AND 2022.

>>12389603
Powell is long a shit ton of weekly puts, sneaky bastard

>>12389538
Is that VIGAX?
>>12389566
>Small and mid cap aren't diversifications if you are holding VTSAX.
Didn’t realize that, thanks.

Fuck that drop a few minutes ago

>>12389524
All in LCI

>>12389616
>>12389618
FUCKING DOTS POWELL NOOOOOOOOO

>>12389618
????

>>12389531
I can't believe it either desu..
>>12389537
I can't stop...pls help

>>12389598
2020: arrow up
2021: arrow down
longer run: middle finger

what did he mean?

Ok doomers, that was a cute dump. We'll buy them up next monday to fuck over some more fags with their options expiring tomorrow.

Have fun bears.

SESN order only partially filled. Goes up 0.04 from purchase.

Good looking anon for the suggestion.

>>12389654
If you can't control yourself you need to close your trading account, that's real talk

>>12389662
>buy them up next monday
Its only wednesday and market is open for two more days why not buy then!

I bought at the end of the BRD... no more dumps plz

POWELL IS REVERSE DOUBLE KEKING EVERYONE.

>>12389679
just one more..

>>12389690
fucking clown

don't come crying to /smg/ when you are sucking dick for $3 a pop

>>12389657
omg i'm dying.

>>12389690
lets see your next pick

why is anyone a bear when long term the markets always go straight up?

why would you be a contrarian who is wrong?

>>12389725
Most bears don't last so you always get a new crop of doomers every 3 or 4 years

>>12389725

>>12389598

>>12389725
cause you can make money both ways, you idiot. also
>when long term the markets always go straight up?
wrong. check out nikkei ath.

>>12389725
Sensational headlines. Fear sells. That's why a permabear always calls the top. They don't even have to be right to get likes and upvotes.

>>12389690
Going with these fags instead of superior EKSO

Get dunked on

>>12389735
he's more of a guy that understands the asymmetric payoff structure of options through tail risk events

mostly to the downside in asset class behavior

Just bought a put on the SPY. It's not going to break resistance at 260 + in a rising wedge. Going down from here boys.

>>12389687
How many layers of reverse psychology does this man run?

>>12389362
>dividend reinvesting

BASED AND REDPILLED

>>12389795
Powell is the first fed chair to base his decision making purely on memes and shitposting

>>12389720

>>12389687
FUCK THE FED.

>>12388454
I bought NVDA and UNG at their peaks. Down about 43% and 33% for almost $800

>>12389795
Being a SPY put after that sell off

>>12388608
>Buying at resistance

>>12389362
Nice work on this model!! It's something banks and hedgies would make or pay for

>>12388454

RNVA.

Put in $500 and it's worth 1 penny now.

THANKS BIZ

>>12389561
Only a problem if it's a false positive and you're investing in a fund. Absolutely zero problem if you just buy the bonds yourself and wait till maturity if there's a false positive.

>make a mistake when setting up my roth ria
>call fidelity to fix it
>they say "next time, call us"
fuck, they think I'm retarded

>>12389848
>194 / 51 / 56 / 1
>[Up
We're about to smash that paper thin resistance like butter

If you assholes don't quit buying this is going to be my first red day of the year.

>>12389877
can you still put money in a 2018 roth ira or are we into 2019 only

i need to max mine every year because i dont get a 401k at work, i only have ROTH IRA and normal taxable accounts available to me, please help

>>12389362
I heard this is not the inversion that signals and some treasuries have inverted. Does one wait for the 2-10 inversion in the system you've set up?

>>12389863
>RNVA.
what the actual fuck is that graph

>>12389877
also how do ROTH IRAs and 'traditinoal' IRAs compare

you should always max your 401k match, then max a ROTH IRA, then do what each year? add more to a 401k if you can, and if you cant then just use a taxable account?

Ive never made my own ROTH IRA so im not sure if thats the first goal compared to wahtever a traditional ira is

>>12389911
>If you assholes don't quit buying this is going to be my first red day of the year.

Don't be mad

>>12389844
pic related

>>12389921
I'm pretty sure you can still make contributions for last year. I think you have until the end of March, but don't quote me on that. Call who ever manages the account.

>tfw swung 100 bongs in AMD from 16.4 to 21 for a 24 bong profit
move over Rothschild big spec trader coming through

get the fuck into the MU train lol

>DRYS outpreformed SPY 5 years in 1 year
Buy DRYS for their 1600% dividend

>>12389956
Rolling with the big Dawgs. Workin it.

>>12389952
Wonder why everyone in the market isn't doing that for 100% free money. WOW!

>>12389853
Ty fren. It was quite a lot of work. Hopefully I'll get my pay once this strategy pays out! But as a good commie I'm more than willing to share this info around.

>>12389922
Well the issue is that people say that regulations and the Fed balance sheet have distorted the yield curve as a predictive signal. Most ppl say this makes it less likely it's serving as a signal for recession, a couple say the opposite. I'm of the opinion that it's better to be safe than sorry, and that the tightening of liquidity will expose deeper risks in the economy.

>>12389966
>DRYS

Holy shit what happened to them 10 years ago?

>>12389985
because you guys are too retarded to see your iron hands are going to make you miss out on massive gains when the market takes a massive dump during sour hour.

Pump it

>>12389999

Canopy Growth going ham. Technical breakout. Still think Canadian dude weed is in for a dumpening on Friday. Aurora made a cheeky move yesterday putting out guidance for their financials next month. They ordinarily don't do that sort if thing and i think the idea is that it will make Aphria's revenues look bad in comparison. This despite Aphria's earnings report including ~90 fewer days of rec sales than Aurora's will.

>>12390011
I got in calls for AAPL under $150 that end 1/11. I'm not iron on anything.

>>12389921
you can put money into 2018 until April 2019
you can put money into 2019 from Jan 1 2019 to April 2020. best to do it as early as possible tho

>>12389948
roth is better the younger you are and the less you make.

>>12390011
Nope. Don't have the time for this bullshit. The future is coming. We're already 1 year behind.

>>12390011
Nothing wrong with a little retardation.

Good for the soul.

>>12389948

>>12390034
im 22 and make 40k a year with no retirement benefits in any way at my job

as far as i have researched my best plan is to max a roth every year, then simply use taxable account? Do the various places you can do this matter, Fidelity, Vanguard, etc? Im planning to probably buy 50/50 SPY and QQQ in my Roths, is that ideal when compared to the weird funds that Fidelity has, VTSAX or wahtever their tickers are?

>>12390011
what's the sour hour?

>>12390059
He thinks it is going to dump the lat hour. Looks like he picked the wrong way so far.

>>12390059
Some idiots sitll think we are in a bear market.

>>12390045
based on this i am at the 'would you like to retire early' and yes i would, but i dont have a 401k or 403b available to me, and this mega backdoor ROTH shit i dont get at all. I dont have health insurance so HSA doesnt matter, i guess after a ROTH im at 'taxable account'.

>>12390059
When you fomo short and the market moons.

Lmaoing @ short term traders who freak out over every single market fluctuation

>>12390059

>>12390072
my puts don't expire until the end of the month and not married to them either. if we breakout above 260 I'll drop them for a loss. chart says continuation patter for downtrend near term. we'll see who's right by Friday or early next week.

BRK.B red on a green index day again. wtf is this nigger doing? shorting aapl?

>>12390098
Didn't you hear above? Free money if you gets puts on SPY when it hit 257.5.

>>12389793 literally shorted the bottom of that selloff

>>12390107
nice cocktail

>>12390108
Imagine buying puts post bottom lmfao

>>12390051
if your employer matches your 401k, always take the match the money is so good its disgusting
other than that, IRAs are generally more comfy because you can decide on what to invest in (whereas 401ks are sometimes bullshit funds) and you have more flexibility overall

roth vs traditional (both ira and 401k have roth and traditional versions) is a tricky question and depends on taxes and how they'll increase or decrease in the future and if you expect to have income in retirement or not. traditional accounts are tax free the year you put the money in, but when you withdraw the money, you pay taxes on the income. roth is taxed the year you put it in, but you dont pay taxes later. for example

>you put $5,000 into a roth, pay $500 dollars in taxes
>$4,500 doubles to $9,000, you withdraw & pay nothing in taxes
vs
>you put $5000 into a traditional account, pay nothing in taxes
>doubles to $10,000 you withdraw pay $900 in taxes

here the traditional account saved you $100 but obviously the specifics depends on your marginal income rate when you deposit and withdraw

>>12390136
channels fucken broken, just fucking wait for it

>>12390136
>looking at the 1 minute chart
zoom out faggot

>>12390159
15 MINS CHARTS

>>12390162
>>12390159
Bearfags getting desperate after shorting the fucking bottom....again. LMAOOOOOOOOOOOOO stay poor faggots.

>>12390107
STUNT MAN

>>12390091
dont worry about backdoor roth. roth ira's have an income limit where you cant contribute to them. I think its like $135,000 or some shit like that. so if you make more than $135,000 you're shut out of contributing to a roth ira. but backdoor roths let you get around that. since you make less dont worry.

fucking paranoid doomer boomers delaying our golden bull run.

>>12390162
u zoom out
257 was the official spy resistance. Bears about to get raped again

>>12390184
Fucking Based

>>12389288
What do you sell?

>>12390156
i dont have a 401k at work, i have a meme job with basically no benefits. I just spend very very little so I have $1500~ a month to invest and im trying to figur eout whats best for me.

I would anticipate taxes going up not down long term so I think paying taxes now while i make shit money is the best plan, so ROTH it is? But after the 5500 contributions, is there nothing else available to individuals outside of work benefits for retirement options? i dont need a HSA nor do i currently have kids to do a 529 for, so i just go immediately to a taxable account? That kind of sucks but ill take any profit i can make even if i have to pay taxes on it

>>12390162
>>12390178
Charts going the wrong way beartards. LMAOOOOO

>>12390188
marry a poorfag and your income limit doubles.

Should I buy AMD puts now?

>>12390222
when would you close them out if your were wrong?

>>12390207
No it's not look

>>12389923
Your comment made me check it out. Holy shit

>>12389999
based and redpilled. also, with your logic, wouldn't it be ideal to minmax the risk between the hedges? i.e. buying qqq calls then switch to bonds during the downturns.

>>12390184
>>12390207
oh no no nono! bullfag doesn't know how to interpret bearish divergence on RSI OH NO NO NO NO HAHAHA

Yes, VXX will close. This is known and priced in. Use VIIX or VXX.B for now.

>>12390203
yea based on your age and income roth makes more sense to me

HSA's are actually completely bullshit, if you're looking for tax advantaged options you should absolutely use them. HSA's are triple tax advantaged:

>you DONT pay taxes on anything you put in
>you DONT pay taxes on any growth that happens in the HSA
>you DONT pay taxes on anything you take out of the HSA

but you might say: anon, I dont need HSA, I'm healthy. however, you will eventually get sick and you will eventually use the money. AND HSAs have a bullshit strategy:

>go to the doctor today (or do anything that you're allowed to use your HSA for)
>pay out of pocket (minus insurance costs)
>SAVE the receipt (hardest part)
>let the money in your HSA grow for years until it doubles
>10, 20 years later pay yourself out of your HSA, completely tax free

any opinions on new age beverages?
NBEV

>>12389923
>Market Cap 21,407

>>12390263
i cant use a HSA right now because i dont have health insurance lol, is it worth paying for a HDCP or wahtever plan so i can contribute to a HSA long term? There is also some amount of value in having health insurance I guess, but if this shit will be like $200/month then forget it ill just hope i never get sick and if i do, ill just kms

well today has been interesting for me thanks to oil.

>made over $800 on weed stocks in the past month
And you guys said it was a meme

>>12390203
>>12390263
also, since you said you make $40,000 its not that big of a deal. but imo you should be at least bringing your taxable income down to $38,000/year so you avoid the 22% marginal tax rate. so you make $40,000, put $5k into a roth ira, then $2k into a HSA, your taxable income is $38,000 and you completely avoided the 22% marginal income bracket. the rest can go into taxable accounts which is fine because you're only paying 12%.

Come on AMD, you can do it little guy

>>12390282
anon you should buy health insurance
if you're in the USA with health insurance you have the best healthcare in the world but if you dont you're one fall away from being in crippling debt

AAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHH

>>12390287
what have you been doing the past 3 months?

>>12390323
Probably oil

>>12390298
I don't know enough about all this to understand all that honestly; I deliver pizza so I don't 'officially' make $40k annually, my end of year payroll will be under 30k likely from the governments perspective. My plan currently is to get together $5500 to max 2018 ROTH, then ill have no problems through 2019 maxing that ROTH, with probably a split of QQQ and SPY. After that just go straight taxable account in Robinhood. Is there any reason to use the various funds that Vanguard/Fidelity/Schwab offer over those index funds? Im willing to take on pretty sigificant risk since I dont make much money and want to retire well before 50, so Im planning to buy no bonds for a good long while accumulating equities in my 20s and into my 30s.

>>12390245
If you want to go the extra mile sure that's probably very smart. I'm starting off from a defensive position so I haven't given it much thought.

>>12390287
>oil

I've been taking a real close look at a few oil outfits this week. Haven't bit yet but maybe...

this is the top fight me

Any opinions on whether AMD stock is going to tank further after the disappointing (compared to expectations) CES announcements?

>>12390323
mostly waiting. I opened a 401k and I've been adding to a small portfolio on m1. I've been too sheepish to do anything on my robinhood account though because I've been busy with shit. My m1 account was opened august and is pretty close to back to 0 p/l today too. I'm excited to see where that goes.

>>12390356
I am going to sit on this position for a few months, probably add to it at this point.

>>12390318
yes I live in the US, but health insurance is expensive I believe and it kills my ability to contribute 4 figures to retirement monthly. If im a healthy 22 year old male with no tobacco use what can I expect monthly cost wise? I really have no idea

currently looks like lower lows might in fact hold

>>12390348
I'm already all in on QQQ calls. Why aren't you?

>>12390356
VET

Trump couldn't wait until after close.

https://twitter.com/realDonaldTrump/status/1083099784012091396

>>12390365

It's trading 65x p/e. There is nothing to look forward to short term.

The earnings report won't be that great IMO. People don't expect a good one.

I bought some puts at 20.40.

Will exit before earnings though.

The hype is dead for now.

>>12390381
lmao burgers are still on this wall business? What a disaster of a country.

>>12390341
>Is there any reason to use the various funds that Vanguard/Fidelity/Schwab offer over those index funds?
yes, however just SPY + QQQ is "ok"
SPY is the top 500 companies in the US. you're missing exposure to international markets and to small cap companies. something like VTSAX will expose you to small and medium cap companies in the US, which may be seen as good or bad. same story with VEU which will get you non-us companies

if your market thesis is "large tech US companies will see the most growth," (not really a crazy thesis) then SPY and QQQ make a heck of a lot of sense but if you worry about those sectors than you might want to diversify into something like
https://www.bogleheads.org/wiki/Three-fund_portfolio

>>12390373
I tend to stay away from derivatives and prefer more simple investment vehicles. I also don't think it's a good idea to be all in for anything, because of the importance of diversification.

Schumer, "The President walked in and looked at Speaker Pelosi and asked will you give me my wall?"

Answer: No

Trump, "Then there is nothing to discuss." (walks out of the meeting)

Fucking love this guy

>>12390381
unironically based

>>12390423
His job must suck, but hey I'm glad we got some one with a spine.

>>12390423
THANK YOU BASED TRUMP

>>12390423
I don't get it. How are democrats supposed to give him the wall? Didn't Mexico already pay for it?

>>12390381
>Jacob Wohl posting an all caps tweet response
boomer tier.

>>12390390
Thank you. That's what I thought too but I'm insecure because I'm pretty new to this (stock market).

>>12390443
we can make mexicans in the US pay for it easily. just up remittance fees and the wall will be paid for in a year or two

>>12390443
Mexico isn't going to pay for it. Schumer said that the crisis of at the boarder is just a fabrication by Mr. Trump and that we don't need a wall because it doesn't represent our values and it won't work. I also ate a big bag of dicks before coming to the thread.

>>12390455
>>12390459
Ruined my thread fuck off here with politics

we need wall bonds, and the money saved from child tax credits will be paid to the holders

>>12390459
its a good fucking start though but i dont see it being majorly successful considering these *Mexicans coyotes* litterly build tunnels into the US

>>12390413
that is my thesis mroe or less yeah, and SP500 is self selecting since SPY is market cap weighted.

Last 10 years SPY is at 13.4% annual growth, VTSAX is at 13.7%, VEU is at 7%. From waht I've learned the last 6 months here it seems like everywhere but the US basically sucks, hell isnt the Nikkei like 2 DECADES in an official bear market since its never reached its all time high from like the 90s? Fuck owning all world shit, the US is the best for corporations and I want to invest there. If SPY or QQQ ever collapse then the idea is I won't be needing any money anyways, so i might as well take on the risk they require in exchange for better returns.

owning bonds or 'all world ex-US' seems like a waste of time in your 20s or 30s, and once i get into my 40s I'll probably plan to transition into either divvys to pay my annual costs or just sell growth shares as necessary to pay for waht I need to.

>>12390493
It's an expensive band-aid. The solution is free trade & movement of people.

>>12390470
sorry, I'll go back to saying DIE SPY DIE.
>roars like a bear
>eats the whole market in one bit

anyone else getting walloped today for betting against crude?

>>12390423
>tfw the government can spontaneously manifest $40 billion out of thin air to give away to Israel but $5 billion to partially fund a wall and stimulate the economy in the process is entirely out of the question

>>12390529
Not when 85% of them instantly get plugged into the welfare system

baking new bread a lil early so we can discuss at close

>>12390529
>The solution to invasion is legally sponsored invasion
How about no.

LETS GO SLP EARNINGS

>>12390548

Orange man needs to open the government but cut spending first
We can't afford a wall, and can't afford welfare gibs. Cut it all

That green dildo.

>>12390375

I will probably do one of the Canadian oil/gas ETFs if I do hop in. I really don't know a damned thing about the oil sector so ETF is going to be the way I play it.

>>12390581
>>12390581
>>12390581
New bread!
>>12390581
>>12390581
>>12390581

Power minute go!

>>12390423

Badass.

>>12390529
>The solution is free trade & movement of people.

No fuck that. Also cute feet.

>>12390574
shutdown accomplishes same thing comfy. win win. shudown -> no gibs. no shutdown -> wall

>>12390536
Yes. WTI will go down to 40/35, have faith.

>>12390548
Hahahah butthurt much? Jews win again, eat shit incel facist fag!

>>12388418
Vietnam was good for the economy, and mercantalist policies are highly profitable, we can only go up from now

>>12390529
The solution is more even levels of international development.

>>12390549
Illegals would have to be citizens to take advantage of our welfare system. Without applying for citizenship they would only be paying sales tax without getting any benefit.

>>12390562
The same way Californians are "invading" Colorado. It's just not a big deal as the media hypes it up to be.


>>12390717
Yes... through trade

>>12390742
>Yes... through trade
...yes...trade....

>>12390782
exchanging goods... & "services"

>>12389809
He is often in this thread actually

>>12390493
>its a good fucking start
it's not. 5 billion isnt even close to enough to fund the thing, and most illegal immigration is through overstayed visas, meaning they entered legally

>>12390809
whats the last panels country?

>>12390365
im holding it long. i think ryzen 3000 is going to increase their market share and for the GPU to have at least mildly positive impact on their revenue

>>12390910
France, I think.

>>12389885
Charts say otherwise my friend.