/biz/ - Business & Finance

Buy TIVO

>>12411986

Fug, I was so close

Don't make threads until we hit limit dummy.

Previous thread
>>12408617

>>12411999
Hehehe

the fuck so many god damn threads

>>12412005
I'll give it five then delete it, see which one picks up more traffic

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>12411984
brushie brushie

VTSAX OR VTI WHAT DO I DO

WHATS THE FUCKING DIFFERENCE IT MAKES NO SENSE

>>12412072
One is a mutual fund, one is an ETF

11.30 by next week

>>12412119
but whats the difference to the end user investor if they move the same each day and have the same expense ratio

Vanguards website literally says 'VTSAX is also available in ETF form, VTI' so its the same thing?

>>12412144
I believe the mutual funds have minimum account requirements.

>>12412171
most do, usually around $2500 to start a position in a mutual fund, but rebalancing is free

>>12412171
yeah VTSAX has a $3k minimum, but that wont be an issue for me. Is that really the only difference, why even bother with a minimum if the expense ratio Vanguard makes is the same? It makes no sense, theres no neeed to make investoring so uber complicated like this

REAL THREAD
>>12412169

REAL THREAD
>>12412169

REAL THREAD
>>12412169

>he fell for the bear meme

>>12412082
I too have been throwing pocket change at meme stocks.

>>12412195
frick off ricky

>>12412196
Bears are stupid and will never have a girlfriend

We were green almost all week. Guess next one is gonna be red.

>>12412266
DUB CONFIRM BASED ETERNAL BULLRUN IS HERE

2600 EOD

>>12412269
Depends on bank earnings.

Bears BTFO

>>12412277
>>12412266
digits confirm bears are incorrect

>>12412269
>he doesnt know the Plunge team pumped us for 4 months to all time highs last time. LOL YOUR LIFE HAHAHA

>>12412298
they'll be extraordinary, as they always are

imagine being a bear

>>12412321
I'm 19% in banks, I sure hope they do. I'd like to offload some of this. I don't feel comfortable being this deep into one sector.

>>12412322

imagine being a weab manchild

Is there a URL I can bookmark that filters the catalog?

>>12412343
>19% in banks
oof that's gonna sting

What's going to be the best performing stock of 2019 and why is it LCI?

>>12412352
/smg/ has always been a very high IQ multiverse thread

>>12412348
imagine both not watching anime and being a bear

>>12412360
So when will we hit mid teens?
Been riding this bad boy since 4.90, thanks for the tip pal.

Fucken atvi. Might have to tax harvest this shit.

Announce some damn games already.

>>12412356
are you ignorant to the fact interest rates are rising + Loan receivables are bullish?

Pray for me, lads.

What is your take on Facebook?

>he didn’t buy GE at $8

>>12412382
It depends how long he's going. Higher rates also mean higher default rates and derisking.

>>12412371
we all know you want a handsome bear bf

Why yes gentleman, I do believe we might be back

>>12412411
Id like to see your skinny, Communist ass get into an argument with Warren Buffet on the Banks

Go ahead and tell him what you just said, itll be funny

>>12412392
>SPY Put

no compassion for bears, you profiting would mean others would lose money

>>12412413
stock market bears and gay man bears are two different things

>>12412395
>new taxes in uh france that will probably be implemented by the rest of the EU
>controversies every other month
>only boomers use it
Instagram is the one thing that keeps me from just buying LEAP puts.

>the DOW PLUNGES 0.03% amidst U.S gov shutdwon

>>12412429
>stock market bears and gay man bears are two different things

Are they really though?

Ding ding ding! How did everyone do this week? I’m up .03%, still gween! Very good week, I have two days a week to actively trade now and it’s amazing. This week we’re going to a Romano’s in Chula Vista, California. This place looks like a shithole and the pic is low res so we’ll have to be careful

If banks fall, would brokers be next?

A forced red friday for green next week. I'll take it.

>>12412451
thought you went to Romanos last week. also who is "we"

To bulltards: Your asses are gonna get fried next week, enjoy your weekend ;)

>>12412425
>skinny
lol

>argument with Warren Buffet on the Banks
Berkshire Hathaway is going to get raped in the next recession. Consolidation in the industry might save them 15 years down the line, but in the next year or so it won't be pretty.

>>12412451
Soso week, I need some more gains to balance out last fall

>>12412451
Down 1.26% today because of atvi.

Up huge for the week cuz of LCI.

>>12412467
seething rage. you'd rather to see the world burn than to have bulls to profit hahahahaha. pathetic loser.

>>12412451
based macaroni grill.

up this week, entered a new position in MO which increased my annual dividend by $93 and I'm about to get trashed this weekend watching handegg with frens

>>12412473
who else here /even or higher/ since the Q4 2018 correction

Beartards BTFO the 2nd week in row

Obviously Losers lose but it still feels good

>>12412439
FUCK

I have 6k in FB and I am down 13%

>>12412451
chula vista aka chulajuana used to be a shithole, its becoming nicer now due to based gentrification

>>12412451
Made $57.55 this week but in 2019 still down about $280. Today was pretty good.

Imagine shorting the bottom lmao bear faggots utterly destroyed lmaoooooooooooo

>>12412468
>Betting against Berkshire
>Betting against Buffett
>Betting against capitalism
>Betting on timing the market
>Betting on communism

JUST

why have we got two threads?

>>12412544
Just two?

>>12412451
0.53% up. Pretty decent considering indices did worse.

>>12412510
Imagine buying the top in October, LOL.

>>12412531
And yet I was still up 4% last year, double Berkshire. Time will tell who's right in the end, however.

>>12412544
buttravaged bears are lashing out

>>12412466
It’s a visualization exercise I include with my data mining. Don’t think about it, just picture yourself in a Romano’s Macaroni Grill for a minute and tell me how much money you made or lost.

>>12412544
Does it matter? There's 50 wojak spam threads and 100 coin spam threads at any given time, so 2 stock threads isn't a big deal.

Why are we green? Fuck the PPT and fuck this market. This is not healthy. This manipulation will be the downfall of world economy. Let this credit bubble pop.

>>12412583
it's messing up my tab layout

>>12412588
THERE'S GOING TO BE A RECESSION 4CHAN TOLD ME SO

>>12412588

>>12412573
At least people that bought the top will still see a return

>>12412451
Down 0.06 today. Total portfolio down 7.75% thanks to the Christmas plunge for those couple of weeks in December

>>12412451
Up %0.83. Recovering from my affair with options, still down %10 overall

>>12412609
Oh sure....... In 5-8 years.

Imagine bein a tard bull tard after 2 months of dips and consolidation, this shit will crash to 2k before the end of this month, cya fags

>>12412620
you shorted the bottom didnt you?

>checks post history
Holy fuck you did HAHAHAHAHA

>>12412623

>>12412577
when are we going to see the compiled data?

>>12412623
>Imagine bein a tard bull tard after 2 months of dips and consolidation

that's exactly when you should be bullish, you fucking brainlet
you're supposed to buy low and sell high, not the other way around

>>12412631
I'm long and short with a bearish bias.
>He believes in buy and hold
>He bought the literal top of a market cycle

>>12412654
2months isnt shit, its just the start idiot. only retail fags are buying now. institutions sell

lol imagin beig bul
bul want stok go up but stok no go up it go dowm lol dum bulz

>>12412191
Mutual fund the dividend can be automatically reinvest (this is where the real growth comes from). ETF I believe gives you the dividends as cash

>>12412690
whatcha doing this weekend, babe?

>>12412382
My portfolio is pretty geared toward higher rates in the next few years, as long as the credit spread isn't fucked I'll be okay. I'm holding NRZ JPM and BAC for these reasons.

For bears, nothing is good enough. Market falls 20% and they act like it never happened. Assumptions never revisited.

It's crash or sit on the sidelines. You had an opportunity and you squandered it.

kek, do you think some people might have a hunch about monday?

>>12412451
Up .72%. God bless GM and TMUS carrying me today.

>>12412451
>>12412749
Oh you said this week, I am up 2.88%! Almost green for the month!

>>12412764
>>12412749

I do the same thing here on most Fridays

>>12412777
Nice trips bible bro, what are you holding?

>>12412782
Sadness because I'll have to withdraw money soon to move out

And anger that Robinhood likes to manipulate their charts so much

>Pic related

why do people mess with penny stock shit anymore when you can get 100% gains playing options on index etfs and real companies?

You can get big gains on small moves versus a 1 in a million moonshot chance with some fuckboy mineless mining biotech greek shipping co

>>12412749
>Up .72%

wow you're gonna retire in no time!

>>12412808
cause they're retarded

>>12412661
i've made quite a bit of money with my buy and hold position and have built up 20K in annual passive income.

>>12412698
My vanguard etf funds all do drip

>>12412782
Some of my main holdings

>>12412808

>>12412808
Hopium addicts

>>12412842
As in they let you automatic reinvest?

>>12412813
Please do not destroy my dreams.

Btw fuck the faggots that recommended to buy SQQQ

I have already lost a fuck ton of money and sold out

Anyone get in on that Saex run? Got in at 4.60 heck of a day and next week looks better

>>12412870
A mans hand makes his own buys. Stop being a whiny bitch and just own it.

>>12412813
If he went up by 0.71% with 10,000 dollars every day for 5 years he'd have 4,050,304,187 dollars.

not much movement as.. expected .. :p all market slow, expect nat gas slight thrust, even btc zero movement. spdr +0.04% and spx -0.01%

>>12412510
shorting the market it very bad idea almost always cause long term upward bias. simplified you would be then commit a coinflip 60-40 with 40 expected side, kinda, depending on time frames etc. unless you have really good proven systems then it may be ideal move short term sometimes. hedging portfolio is another thing then again than shorting for profits.

dear agony nightcore version highly regarded rock song about alcoholism :)

https://www.youtube.com/watch?v=A7hgDvQ4c-Y

>>12412890
I am proud of being a facebook shareholder

>>12412844
>>12412803
Sorry to hear about that. I'm sure you'll be in a nice comfy new place where you'll make your first billion. I really want to buy WM, but the ATH every other day is spooking me. I need to do some DD on WM.

>>12412451
Up 1%. Down some on blue chippies up some on dude weed. Took profit on a lot of the weed stuff. Back to about 25% cash.

I just want to thank the anon that introduced me to magnegas.

Would you sell Facebook if you were down 12%

>>12412929
what do you think it's going to do in the future

>>12412929
I don’t sell. I only accumulate dividend frens

>>12412911
I've had the same problem with MCD
Every time I allocate money to buy a share, I wait for it to have a red day

Then it has two weeks of green days in a row

>>12412929
Just wait for Zuckerberg to start paying you dividends out of his own pocket. Youll be getting a good 1% per year starting

>>12412929
What was your plan when you went into FB? Stick to that plan unless something fundamentally changed and you think it will not be a profitable investment in the future.

>>12412808

Because it's easy money if you know what you're doing.

I've been swing trading multiple [non-biotech] stocks under 50 mil market caps and net around $150-$200/mo each for over a year now.

get good faggot

>>12412451

Today saved my ass, up 7% on the week now

>>12412864
Correct.

>>12412956
Well the gist of it is that I watched a YouTuber (Jeremy on Financial Education) and copied his opinion

>>12412937
The guys at work are calling Facebook dead

Schwab allows commission free trades for Schwab etfs. Going to start adding SCHD to a Roth every month. Seems like a cheap and comfy plan desu.

>>12412964
If it's so easy, why don't you just start trading with margin and get reach?

>>12412975
I think you should invest in ETFs or something less risky. Listening to youtubers and colleagues is probably not a good idea unless you work at BRK with Buffet or something.

>>12412964
This, although magnegas wasn't on my radar I'm glad I stopped by /biz/ for a little while and saw that one anon talking about killing himself lol (hope he's alright lol) mind you I usually trade biopharma but magnegas is a hidden gem if you bought in at the dip.

>>12412975
if you don't think its going to go up why would you hold it?

>>12412999
>I usually trade biopharma

What positions are you holding at the moment

Saex where the money is at on Monday

>>12412993
he seemed credible

>>12413010
hmm

>>12412986

Won't work. It's difficult to get large orders to fill. I usually trade with $500-$1000/time. Watch the charts, buy when it's low, set 10% sells and walk away. Rinse and repeat. Easy money.

>>12413011
I'm currently swing trading these atm..

>NAVB -----> 15,000 shares
>HSGX -----> 15,000 shares
>BPMX -----> 15,000 shares
>HEB ------> 5,000 shares

>>12413026
Well, your money your decision, viel Glück!

>>12413026
>that channel
>ubersicht
uber-shit is right

>>12412978
TDA has a much bigger list of ETFs you can trade free desu
>>12412890
>Have some compassion

>>12413026
>Germans

>>12412946
I picked up 2 shares at 170 flat in OCT. I really wish I would have bought in earlier. Their new cheesy bacon fries look good.
>>12412999
Mind you, granted. Can you explain why you think MNGA is a gem? Also do you know what the other liabilities section in the balance sheet is? I find it extremely difficult to research anything on this company.
>>12412964
Are you long on any small companies?
>>12413045
Just threw some pennies at this, can't wait to make it big!

>>12413053
kek

>>12413045
I don't have very much money to work with because I'm a college student, but I'm currently in GALT and VTGN
I'm only up 2% on GALT atm (I'm planning on holding until at least the end of Q1 2019, though), but VTGN has worked out very well for me

>>12413059
Is that the same as Think or Swim? Just their platform, right? I've been considering switching to them from Schwab after hearing good things. Also think they have a 60 day free trade promo for new customers.

>>12413026
totally legit..

>>12413090
Not sure about ToS, but I really enjoy TDA
Their customer service is really nice and helpful. The lady told me I was a smart boy for investing in index funds early in life UwU

>>12413078
I don't care for liabilities, I look at the hype surrounding a stock. I saw the anon crying in the thread and showing me his losses. It piqued my interest so I bought in. The window of opportunity is extremely tiny with a memestock.

>>12413089
It's ok man you don't need much. I started investing only a year ago and I turned my 1k RH account to a little over 70k. Mind you I only sling penny stocks. Don't listen to the penny bashers on here, they are total pussies.

>>12411984
Recommend option put/call opportunities for the 1/18th.

>>12413138
you can get better and easier returns just playing options

>>12413121
>tfw no financial advisor gf to give me head pats and call me a good boy when I buy index funds
why even live

>>12412999

MNGA is too inconsistent. I look for ones that fluctuate within the same price bands for at least 6 months and hover around $1

>>12413101
that's the point. He isn't fake

>>12413071
>>12413053
>>12413052
oh well I will keep on hodling

>>12413138
I do think the people who bash penny stocks on here are mostly dumbasses who don't know how to tell if a company is a good investment or not by looking at it themselves

>>12413153
Post your returns

>>12413166
Doesn't nearly every company start out as a penny stock?

>>12412943
BASED AND DIVVYPILLED

>>12413166
He will never post his returns
Like I said these dudes are pussy here
Just buy into penny stocks and don't be afraid
to hold for a week or two. You can even use r/s to your benefit.

>>12413153
>not playing options on penny stocks

>>12413078
>Are you long on any small companies?

What do you mean by small? The ones I were referring to? Hell no.

>>12413156
It was very nice!
I'm going to buy some shares in TDA and hold forever because they were so nice

>>12413178
Exactly
Every large company starts out as a small company (barring companies that got large as private companies before their IPO)
Identifying a good penny stock before it becomes a large company and investing early is infinitely more lucrative than only buying into that company when it's already gone up significantly
People who indiscriminately bash penny stocks are incapable of telling a good one from a bad one, so they assume nobody can

>>12413186
I can definitely handle volatility, it would take a lot to shake me out of a position without some sort of reason for me to sell related to that company's fundamentals

>>12413232
name one penny stock you've held until it became a large company. im curious

>>12413254
I can't, I started trading in June
My own personal experience isn't indicative of some sort of universal truth about the stock market, though

>>12413270
You're so sweet.

>>12413270
how often does a penny stock make it become a large company? can you name one penny stock that made it to become a large company in the last 10 years? 20?

My mother wants me to manage $100k over a longer period. I'm debating between an equal weight ETF, or directly running a random equal weight portfolio that filters out any stocks with a high short interest ratio.

The annoying thing with equal weight ETF's is that while in theory they handle trading expenses better than running an equal weight portfolio yourself, it's impossible to find a good fund that combines the equal weight strategy with something else (selecting for growth, value, momentum, short interest, volatility, etc etc).

My planned strategy if I run the portfolio myself is to tilt it a bit towards momentum, and using increases in short interest as a cue to sell instead of a quarterly rebalancing

>>12413303
Amazon

>>12413304
I hope you learned from the last anon who tried to manage his mother's equity.

>>12413303
Simple Google search, top result:
https://www.thebalance.com/famous-companies-traded-as-penny-stocks-2637058

>>12413254
GE

>>12413325
Amazon IPO'd at a $500 million dollar valuation, it was never a penny stock

>>12413366
Fair enough, that is true
The research I did before providing that example was flawed

>>12413366
There are plenty of examples out there, though, as >>12413342's article pointed out

>>12413303
It's much more difficult and random based than people even realize to gamble on a penny stock. Because, not only you have to pick the right pennys out of thousands, you would have had held thru out many 80-90%% (like amazon stock etc.) down turns and never sold at large profits(making you able to retire billionaire), waiting for even larger profits. Like what for example sir buffet exactly did 50 years straight. In general, these is handful of people among millions of investors who are succesful in these kind of schemes, whether they are lucky or skilled, who knows.

>>12413515
nearly all of those are large companies that nearly went bankrupt and then recovered. they were never small.
if your dream is to invest in a small company and hodl until grows massive, you'll need to look into the private markets. that's where all the venture capitalists live.

>>12413026
Du widerst mich an. Noch ein weiterer Grund auszuwandern. Wieso hörst du nem Oger-Amerikanos zu, anstatt nur einmal in deinem verficktem Leben mal nachzudenken?

>>12413541
Monster (MNST)

>>12413552
based, we can all make it

AMRN to the rescue! Might sell my T stock and roll the profit into buying more AMRN before it hits $20 per. AMRN has a price target of $35. Any merger deals would least hike it to $40. So if I buy more now, I'd see a profit gain of $25 - 30 per share that my T stock profit got me.

I have VZ stock so I'd still see profit gains from the 5G rollout

>>12413366
Amazon first stock price was under $4 per share. Think about that. Now a single share will set you back at least $1600. Took 20+ yrs but still ..

>>12413681

If you invested $1000 back then you'd have at least $1,000,000 today

>>12413681
So assuming you bought 100 shares @ $400.00 in Amazon back in the early days now you'd be worth $160,000. 200 shares would double that amount

CNBC is short finance lads, hope you bought calls for next week

What in the absolute fuck?

>>12413657
I'm hoping AMRN will be my "Amazon". All the signs are pointing that it will be.

>>12413724
I wouldnt question it if I were you

Liquidity crisis is coming.

https://www.cnbc.com/2019/01/10/powell-says-balance-sheet-will-be-substantially-smaller.html
Fed raising interest rates AND selling assets at the same time AND Powell scare mongering about gov debt to gdp ratio getting out of hand, AND trump freaking out about Fed actions AND political stalemate between president AND congress leading to a spark of unemployment in the public sector.

We've barely just begun the descent.

Oh, and Australian housing market is in freefall now, people are uncertain about Chinese economy, Brexit is going to happen and the French are trying to stir shit with their banks. It's looking ugly.

>>12413824
liquidity crisis? probably not there's a lot of liquidity out there
the rest of your post makes sense tho

>>12413824
Powell has already reversed course. Golden bull run has just begun

>>12413835
>>12413824
Hows the put decay?

What are your guy's thoughts on IBM?

>>12413824

Im not usually a bloomer but

>all of that and the market is still rallying
but what if
>fed cuts rates
>someone wins political stalemate (protip: it’ll be Trump)
>deal is eventually made with China
>Brexit has almost no impact on US markets as US leads anyway
>marijuana stocks become the next tech stocks, tech stocks become stable instead of bloated

Things may possibly get worse before they get better, but there’s a good chance things will get WAY better in our lifetime.

>>12413943
dead man walking

imagine being a beer

>>12412144
You have to buy ETFs on a per share basis, so if the price is $30 per share, that's how your investments will scale. A mutual fund you can throw in whatever amount, which is nice when combined w/ dividends and capital gains
>tfw 3% capital gains in 2018

>>12412429
Everyone loses money lol.

>>12412825
Do you have any idea how many studies have shown the positive impact of capital controls in China?

I'd be happy to go over any empirical evidence you got anon.

>>12414306
why, you'll just reject any evidence because it disagrees with your preconceived notions
you are controlled by confirmation bias its very sad

>>12413824
>>12413857
No matter which way you cut it liquidity will be tighter, there are plenty of places of big risk in the economy. If there's any significant defaults adjacent to durable good sectors it will spread to the rest of the economy.

>>12414371
I've changed my positions when I've encountered hard evidence to the contrary of something. For example used to believe the failure of the USSR came down very much to some Bakunin like critique of state power until I read the book an economic history of the USSR, which illustrated quite effectively the necessity of many of the actions of the communist party in the early days, and moved me from a theory of ideology determining history to economic necessity. For the record, the book was written by a liberal economist.

My experience with right wing think tanks is just one personal anecdote. However, to my knowledge there is zero empirical evidence for subjective value theory, nor the time preference theory in that video in the last thread.

>>12411984
How many of you have a warchest set up? I have a few hundred dollars (looking to get to 750-1000 USD+) prepared for opportunistic purchases in my boomerfunds if we start to see a significant tumble. This is just some extra saving (since my expenses are low) rather than readjusting my monthly contributions.

>>12414515
lets play a game. what argument would be most persuasive for you that communism is a bad idea.
I'll tell you the most persuasive argument for me that communism is a good idea. that's all, we'll then each go our separate ways and think about how we can prove our arguments (your argument that communism is bad, my argument that communism is good, respectively) correct.

>>12414559
Would u want a moral argument or a practical one?

>>12414574
whatever argument, if true, is most likely to persuade you. just guessing but I'd guess you're unlikely to be persuaded by moral arguments
I'll give the argument that, if true, would be most likely to persuade me that communism is good. I'll try to give an argument I could conceive to be true. (for example I wont say "If I could be convinced that food rains from the sky, communism would work")

>>12414550
>How many of you have a warchest set up?

The term you're looking for is 'cash position'. Keeping a certain consistent percentage of your portfolio in cash is important for pretty well all trading strategies. If something you're holding goes down, you have that cash available to cost average if you wish rather than sell for a loss or bag hold until the thing works its way back to wherever it was before the drop. During bullish periods you use your profits to then reestablish your cash position.

>>12414661
Warchest is synonymous, and I'm not retarded. I was asking if anyone here was building up their cash reserves in anticipation for future volatility.

>>12413824

Did you bother to read why the fed is reducing their holdings? This isn't about liquidity. The point is they bought a fuck ton of stuff since 2008 to stimulate the economy. When economy is showing good strength, they reduce said assets. Powell said his goal is fewer assets than current but more than the Fed held prior to 2007 beginning of the troubles.

>>12414680
I'm mostly in cash because it's earnings season and I don't gamble on the outcome. There's virtually nothing out there right now to trade without taking on that exposure.

>>12414680
>I was asking if anyone here was building up their cash reserves in anticipation for future volatility.

Yes, I've been trying to keep a consistent 25% since October. I just replenished it today after buying the December lows.

>>12414611
Ok.

The best argument against communism probably comes down to two factors. One, the transhistorical nature of ideology means that consciously coordinating the economy by any ex ante means is impossible. This was one of Marx's key hopes, and to the extent he did describe communism it included this aspect of ex ante planning.

Two, there is no organizational form in a large industrialized society capable of sustaining mass power that would facilitate both expropriation of the capitalist class, any conflict that would ensue as a result, and the running of an advanced industrial economy. The impossible part is not the idea of a mass organization having economic or political power, it's a mass organization maintaining the discipline necessary for orderly expropriation or fight a modern military conflict if necessary. And it is completely unknown if an organization capable of such orderly expropriation and effective military performance can transition to or create such a mass democratic organizational form.

Your turn.

so my buddy was denied after applying for an options accout. Why is this? is it because he is 2 poor?

>>12414864
Probably. Mainstream brokers are notoriously, and arbitrarily, stingy about options approval. Have him try with TastyWorks--I'm pretty sure basic "margin" is guaranteed (which only includes up to defined risk spread trading; uncovered options require actual margin).

>>12414751
fair enough. if I understood you: if you couldn't centrally plan due to a lack of data of people's preferences or missing computing power or something special about humanity, communism seems hard or impossible. and there's the fear that the militarization required for the communist transition might stay militant, like it did in the soviet system. that would be a disaster.

I could be convinced communism could work if:

I could see a specific implementation plan that would work, one that could motivate society, more specifically me, into innovating and driving it forward. I'd need to be convinced that people like me wouldn't throw up their arms and do unproductive things like shitposting on 4chan, instead of, for example, farming or trashmaning. I'd fear a situation where no one wants to do the work that needs to be done for society to function. Preferably this motivation happens without slavery or "no one gets food unless they work," if that was the case, what's the point we're back to coercive wage slavery.

My current belief is that this cannot work while following Marx's principle of "to each according to his need."

>>12414930
There are two "alternative communisms" that I see peddled around a lot. Luxury automated communism and progressive eugenics.
Luxury automated communism bases itself on the premise that once all the hard work gets automated no one will have to work again and there's no reason for everybody to not just live in complete hedonistic euphoria while robots do all the work. The problem with that is that anyone intelligent will realize that infinite labor =/= infinite resources and since the only kind of labor necessary left will be coding, engineering, and maintenance, coders might end up viewing themselves as the proletariat and overthrowing everyone else that doesn't do jack shit. Also, by the time that automation becomes mainstream, our rulers are more likely to just kill us off as we're no longer needed anymore.

The eugenics program is also flawed, since it assumes that if we just kill off anyone who isn't a progressive hippie then everyone will want to give to each other and be happy. But hippies aren't hippies because they want to give their shit away, they're hippies because they want to feel morally superior.

I disagree with all forms of communism, as communism is bedfellows with progressivism, but I haven't found a method that's even viable in reality.

>>12414928

Thanks friend. I don't think he wants to use margin but he does want to be able to buy puts.

>>12413943
Its ok. Just ok. I wouldnt touch it personally.

>>12415035
Well, he may value the ability to enter bear call vertical spreads instead or something like that at least. In the event he does look at actual margin, there's a $2k regulatory minimum.

bull trap bull trap bull trap

definitely bull trap seeing how positive everyone is :)

>>12415086
>implying

retail investors were among the most pessimistic they've ever been in December 2018, and a lot of them (like you) are still much more pessimistic than they need to be, given the current US macroeconomic landscape

>>12414690
Based and fedpilled. It feels so good to buy calls and help our fed bros out with the liquidity.

Regarding the communism discussion: fed buying up our debt then manipulating our economy to reduce their debts is technically a state controlled economy?

>>12414751
>>12414930
I think I should clarify, ex ante conscious planning is impossible not because we lack data or computing power, or even because there's something special about humanity which prohibits of us from anticipating things. Rather it's because consciousness requires an ideological framework that necessarily distorts hard empirical reality, and ex ante planning demands that the conscious controller be capable of changing the whole system in its next iteration it means that this ideological slant through its distortions and political implications will prevent the system from reproducing itself as the conscious control miscalculates things because of its biases.

As for specific implementation plans I think there are a few you might be interested in if you haven't seen them already. The first is the most obvious, Lenin's The State and Revolution, which does deviate from Marx's axiom precisely for those practical reasons. The second would probably be Cockshott's Towards a New Socialism which outlines how a cybernetic socialism would operate. Third is Richard Wolff's Cure for Capitalism ideas about a society centered around worker cooperatives.

I admit, motivation and innovations are issues to be tackled, as well as finding ways for people to discipline their time. I think the short term things we should be focusing on should be how to shorten the work week so more people can work as automation happens while giving everyone more freetime.

I can't stop buying DB. I really think good things are ahead, including a nice dividend in May. Sewing is cleaning the joint up.

>>12415034
These are mostly memes anon, based upon fantasies.

Automation is a big problem, however, and as I mentioned I think the first solution is a shorter work week. That any new system, however, will also create political conflicts shouldn't mean that we shouldn't move to a new system, which itself would be an act of necessity.

>progressivism
that's a very broad term, but there are and always have been reactionary socialists.

>>12415243
Filtered

>>12415180
The Fed is technically a private institution, for one, two, there's a very wide gap between setting interest rates and coordinating investment resources across the economy.

>>12415256
Filtered

>>12414864
when derisking banks will always shirk away from the people with not that much to begin with.

>>12415246
>>12415263
>1 post by this ID
you all won't be missed.

>>12412964
Please teach me senpai

Anyone actually make money here or are you just larking and slowly bleeding money? Curious. I scroll through and it all looks and sounds pretty pathetic. Are you green this week or not?

>>12415423
I'm only red because market isn't growing fast enough. I'll be green again when doomers sell their shares.

>>12415196
Capitalism, and industry in general, is going to become more democratic and decentralized and communists are just going to declare victory at some arbitrary point despite the sequence of events being completely opposite to what Marx said was going to happen.

>>12415423
I lot 400 last year due to the drop.

>>12415441
Democracy is illusion.

>>12415423
>this week

you should be thinking longer term than that, bud
by the sound of your post, though, you don't actually "make any money" either

>>12412200
sell mnga at .23, rebuy at .19. It happens weekly.

>>12415423
I have dividend frens and I make money every 3 months.

>>12415441
The tendency today is more centralization and less democracy. What's more likely, that the China model of capitalism takes over, or that crypto currencies and 3D printing knick nacks will fix everything

>>12415463
>The tendency today is more centralization and less democracy

I think your time working in the government has given you an incorrect impression about the current state of corporate america. Its all about freelancers and every man being a corporation unto himself. Conglomeration and vertical integration were fads that gave way to the web based freelancer and short-term contracts.

>>12415533
Most of those changes came about to flout labor laws, they're not very efficient and by shifting more costs over to workers they've sharpened class warfare.

>>12415548
regardless, its a marked shift away from centralization and its only going to continue as logistics networks become more efficient. centralization is/was a band-aid fix to geographical constraints.

stock market anime when

>discussing politics
Politics is the real opiate of the masses. Every system in existence will be dominated by the (((rich)))
The only system that will truly be free is one based on cannibalism, where every year the most successful are eaten

>>12415705
Nightcrawler for movie night plox
You have it on google drive, right

vanguard's top performing mutual funds over the last year

>total international bond index +2.93%
>prime money market +1.95%
>ultra-short-term bond fund +1.95%
>federal money market (the fucking settlement fund lmao) +1.78%
>short-term tax-exempt +1.59%
>like 15 more funds all with some variation of cash or stateside government bonds
>first stock fund is health care VGHCX +1.15%
>10 more bond funds
>U.S. Growth large cap growth +0.62%
>last positive stock fund is dividend growth VDIGX +0.18%
>all the rest of the stock funds in the trash

this KILLS the stock cucks
pic related is me lmao'in@your life and your pathetic dividend yield rates

>bonds are stupid muh rising rates
>mr. shekelberg promised me 10% div yield even tho the payout ratio is 300% they'd never cut it

OH NO NO NO NO NO AAAAAAAAAAAAAAAAH AHAHAHAHAHAHAHAHA

>>12415752
I hope you aren't a cryptocuck

>>12415752
So hold bonds forever then. You're going places kid.

>>12415786
when are you going to make those ASMR videos?

>>12415786
i'm a bond chad

>>12415793
>he's incapable of reading the president's twitter shitposts and figuring out when he needs to get out of stocks

VERY low energy, SAD!

>>12415816
I have no idea what you're talking about, my man

>>12415820
He's a bond Chad and market timer. Look at this dude.

>>12415830
Stock Chat ASMR?

>>12415846
Nope, I've never said anything along those lines
Maybe someone is impersonating me somewhere, or something

>>12415705
delicious

>>12415874
Well I'm sure you can do it in any case. Just do an ASMR recap of the trading day and that sort of thing.

>>12415891
Nah, I don't want to put a recording of my voice out here
I'm too paranoid for that

>>12415899
I'm sure you have a cute voice.

>>12415752
that's nothing, my bond funds got 3.55% and 2.87% returns for 2018.
https://www.morningstar.com/funds/XNAS/TGLMX/quote.html
https://www.morningstar.com/funds/xnas/swrsx/quote.html

>>12415917
In your model are you holding individual bonds or ETFs

>>12415942
Oh the model is with holding individual T Bonds. There's no ETF old enough that I could possibly use for that data. But that's another reason I think the model actually underestimates the returns for the strategy since I can get a full percentage point more in returns via funds than I can with just the bonds themselves.

>>12415979
Inderdasting. I honestly can't be bothered to by individual bonds to keep them at 10% of my holdings
Have you run other types of bonds like corporate and uni?

>>12416032
Like I said it's really hard to get historical data for those sorts of things. Right now I'm just working on trying to model in what happens if you switch where you invest your monthly income instead of selling and incurring capital gains tax.

My instinct, however, tells me that corporate and municipal bonds would have potential risk problems from potential defaults. If you want to use them as a safehaven asset you'd have to be very selective. In which case the yields won't be very much better than treasuries. Honestly, the best option would probably be agency debt if you can get it. Slightly higher interest than treasuries and almost as safe. The issue is that I believe you need a brokerage to buy them instead of just getting them off Treasury Direct.

>>12416064
Hehe my bonds are EMB and FALN...

>>12415423
>larking

>>12416084
yeah that sounds pretty risky and cyclical

>>12416084
>emerging markets bonds
>high yield corporate bonds

the whole point of buying bonds over stocks is that they're safer
treasuries or nothing, imo

>>12416123
>>12416129
Pussy

>>12416149

>>12415752
BASED

>>12413541
>the private markets

intredasting, I didn't know retail investors could have access to private companies
I assume the barriers to entry are much higher than with publicly traded companies, right

>>12416272
There's going to be some interesting stuff happen with blockchain regarding this stuff in the next year or two

>>12414690
I'm not saying fed is selling them to help against a looming liquidity crisis. Quite the contrary. I am saying they will exacerbate the potential for a liquidity crisis with this move in conjunction with the rate hikes, as it removes USD deposits from banks as they sell the assets, causing a large multiple of that value to be unavailable as fractional reserve debt/money banks can lend out.

>>12416279
Oh yeah I remember the finance committee hearings about this. I thought it all went through already. Or at least some fintech firm associated with this.

https://www.foxbusiness.com/economy/did-the-fed-massage-december-minutes

Thoughts on this? Powell has been giving mixed signals in the last 4 months.

>>12416375
Powell is a doofus and I wouldn't be surprised if they did juke their own minutes.

if i keep this kind of weekly sales up ill do 80k in sales this year. wagecucks on suicide watch.

>>12416428
You still selling prescription drugs lmao?

>>12416428
under 10k in a quarter

"80k a year"

the state of named posters on a Ethiopian sports blog

>>12416440
i literally sell only 6 things in my ebay store.

>>12416427
>Powell is a doofus
ya blew it

>>12416469
He had warning of what would happen if he continued to press ahead with his rapid hike policy. February dump was his fault. Market was weak going in to December, then he gets on the mic and says they're continuing to hike at essentially the same pace. There was no call for that.

>>12416375
Lots of weird stuff going on with the Fed

>>12416492
he has no mandate to support equity prices. stock (and also bond and housing) prices are being floated by cheap money policies that encourage asset bubbles and risk-taking beyond sanity.

about fucking time a fed chair squeezed shut the tits on the money bull

>>12416536
You seem like the kind of person that drinks box wine from a crazy straw.

>>12416375
I don't think the fed is going to alter their plans unless trump nukes china or something. But it sure is fun buying calls again while they pretend to be dovish.

>>12416541
are you suggesting jerome powell drinks boxed wine

>>12416536
fed chair is not perfect and will miss bubble. the new paradigm is that we will encourage bubble until people start agitating for regime changes. bubbles are good. they actually do create value. after the value is created in any random bubble, the fed will change their policy so that the banks will have to force useless businesses to pay back to make profit. then, the bubble will eventually crash.

imo, we are in the beginning stage of a new and big bubble and we're ridiculously bullish on economy in general.

>>12416553
boxed wine is the patricians choice

be efficient with your alcohol consumption, dont waste money

>>12412531
>you can't time the market

the dumbest of memes. It's like looking at a roller coaster and saying "Well you can't be sure that it's going to fall"

>>12416566
>wine
disgusting. where am I in church

>3 wash sales in last month

The math in my account is all sorts of fucked up, hopefully this gets balanced out overnight.

>>12416570
it's relative to the time frame of the investing. we don't know how it works, so they are technically right.

>>12416570
wtf kind of analogy is this lol. A roller coaster always circles back to where it started. The market has cycles but eventually leaves some point and never returns.

>>12416588
I've been pretty clear my time frame is about a decade which should include at least one bust in a business cycle.

>>12416317
>>12416279
The details just came back to me and only know do I get the implication. It was about using initial coin offerings as a way to get capital for startups, which is already happening now to a small extent. But presumably some fintech firms wanted to help organize this.

>>12416609
would have you sold in 2015 financial market conditions?

>>12416625

Given the policy directions of a Clinton presidency, the fiscal stimulus due to tax cuts wouldn't have happened, and thus the rally since 2016 would have been more mellow.

Trump winning was completely out of left field. If you look at his battleground states he won so many due to 1% to 2% margins its not funny.

Keep in mind that there was a mini-recession at the end of 2015 to early 2016, where oil tanked to it's 2nd lowest point in a century.

Question about "tax-free" municipal bond funds...
The interest payments are non-taxable, but is it still considered a capital gain (and taxed as such by the IRS) if you sell your position for a higher-price per share than you paid?

>>12416585
Math checks out, wash sales seem to be made more of a big deal than they really are. Essentially just carrying losses forward. A good lesson for a boring Friday night.

>>12416570
Did your mom sell 800k at the bottom?

>>12416695
i agree with your assessment of 2015 economic conditions. would you say that the politics is influencing your judgment of the market or not? the data is *good*. the news are scaremongering so that they can short.

>>12416697
in general tax agencies only care if you trade any asset frequently or have amassed a lot of money irregularly (and even then, they only come after you if you trade frequently, having a lot of growth is just a red flag that you're not a regular investor

basically, don't behave like investing/trading is your day job and you won't be bothered. invest once in awhile and HODL, cash out after a year or something

But in all seriousness I lost everything on Barrick Gold

fuck /smg/

>>12416776
>>12416776
Literally how

>>12416755
This is NOT true. I forgot to file my trades in '16 one year and the IRS is to this day hitting me with fines.

>>12416789
I bought it at a higher price than I sold it

>>12416715

The news is a lagging indicator. CNBC and Fox Business are only useful for current sentiment.

Interest rates and fiscal policies influence the stock market.

The geopolitical uncertainty just adds fuel to the fire.

I think

I'll make new bread

>>12416820
this is the opposite of what your suppose to do in the markets

google and learn what your suppose to do

>>12417193
new
>>12417193
new
>>12417193
new