/biz/ - Business & Finance

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>>13414352
>1 fucking job

Oh well.
Green Dot!

$MBRX

>>13414370
heres the anime picture

GALT
LCI
VTI

And then just fucken hold.

>>13414377
Nico Nico on my Dico

>>13414361
I'm aware. Perhaps I worded what I meant wrong.
>>13414387
Pharma and Biotech is really volatile. Don't hodl for too long.

>no anime OP
False thread

$EMES

buy the dip

poopoo peepee

VZ will recover

>>13414452
man I started buying some VZ this morning and then it went down more
like who did they piss off to go down like 2.5% on an up day damn

Buying DF was a mistake.

JBLU

>>13414362
Okay, this is epic winrar

YVR

>>13414500
buy more
easy massive turnaround early May when they report very positive earnings
I expect we'll see $4, $5 Dean
Cows don't change. That's one thing my Grandpa always told me: the cows don't change
If you sell now you will regret it. I say this because I care about you, I don't want you to regret selling right now

Where is the recession?!?!

BA $350 tomorrow!

>>13414598
Gommie told me last night that healthcare wouldn't be recovering. VHT is up over 2% today.

>>13414642
how did you get 350 exactly?

>>13414693
By looking at tomorrow's value of BA, duh. Hello!?

GALT wants to make a run for it.

Hey guys, I put about 20% of my life savings into SQQQ on December 13th as a hedge expecting a sustained downturn. This happened but the recovery was much faster than I anticipated and the downturn not as steep. At one point I was up nearly 50% but now I'm down close to 50%. I really don't feel like selling SQQQ as it's at all time low and I can't see it dropping much more. Should I just hold on until next bear market and then unload it? I'll just be moving money to Vanguard fund when done as this is too stressful to do myself. Kicking myself for not selling at end of December but oh well.

>>13414352
Buy buy buy! You're gonna miss out if you don't buy now guys!

>>13414788
>as a hedge expecting a sustained downturn

What's the problem? If you were hedging then you must have been long some other position that more than made up for your losses

>>13414788
hope you're kidding
if not, it decays
there is no such thing as an al time low for inverse ETFs, they just keep going down
It's a financial instrument, it doesn't have inherent value like a stock

>>13414788
May as well hold till Friday, but data looks like one more push in the Qs and SPY.

>>13414788
This is why you set stop losses

I bought this YUMA pump. 3,000 shares at .36. How retarded am I?

>>13414815
THIS is what a sell signal looks like

But hold greendot, Disney, and Altria, or you WILL regret it. Buy more on weakness.

>>13414842
That's correct as I also have a bunch of VOO. I guess my question is when am I supposed to unload my hedged positions? Seems dumb to do it now with SQQQ at all time lows.

>>13414862
Bought more SPY and USO calls.

>>13414874
Don't @ me if you're fucking with oil and SPY

>>13414868
Sqqq will continue to fall unless there's a major correction. It will eventually hit zero

>>13414858
you're probably fine if you hodl for the next moon but it'll be a while if it isn't tomorrow

Whats good we all making it bros?

>>13414598
It's almost like not outsourcing all your fucking jobs to the 3rd world like it's the prime directive of the president is good for the economy.

>>13414913
No it won't. They will just reverse split

>>13414946
I am fucking slaughtering everything, feels good man.

>>13414946
I'm sorry, but what does this mean - have you earned $3342 through your investing over the last year?

>>13414976
What information leads you to believe that outsourcing has stopped or even slowed?

Has automation stopped or slowed?

How long we think til Hexo gets a buy out? Where are we in the dudeweed cycle, I’m giving in but Idk what I’m doing.

>>13415058
Are you seriously that retarded that you need me to duckduckgo the numbers for you?

>>13415058
I mean, if you admit you're really that fucking stupid I'll do it for you, but I believe in you anon, this is something you're capable of accomplishing all by yourself.

>>13414862
Bearcucks on suicide watch. SPY is going to 310 at least. It's definitely undervalued rn, esp with the rate cuts coming.

>Dow nears high on coke

>>13415102

>>13415113

>>13415099
Hello, I'm too stupid to do it and find a reliable source.
Please spoonfeed

>>13415102
Why the low volume then? Why are so many selling and sitting out? I guess it’s not the “irrational exuberance” I hear I should watch out for, but it is worrying.

>>13415122
I lub you chaika
Shocking truth: want to stuff my balls in your hillbilly mouth

how are your boomer stocks doing today?

>>13415125
https://www.forbes.com/sites/chuckdevore/2018/10/16/the-trump-manufacturing-jobs-boom-10-times-obamas-over-21-months/#220a81825850

Lost all my savings on options this week

that’s it. It’s over. Goodbye smg thanks for the good times

>>13415158
Zoom out faggot, there's your answer.

>>13415137
I'm mostly joking around. According to this (link below), people are putting a recession (including Fed dovishness) at 20% EoY and 35% end of 2020.


https://www.nabe.com/NABE/Surveys/Outlook_Surveys/March_2019_Outlook_Survey_Summary.aspx

>>13415162
>The Great Recession officially ended in June 2009, six months into former President Obama’s first term. The economy continued to shed jobs until the following March. Manufacturing was particularly hard hit, with almost 2.3 million manufacturing jobs—some 1 in 6—lost between January 2008 and March 2010.

>As is the case during recoveries, jobs bounced back, with seasonally adjusted nonfarm employment expanding almost 12% from March 2010 until January 2017, when President Obama handed over the presidency to Donald Trump.

>But during the same period, manufacturing employment grew only 7.7% with manufacturing payrolls virtually flat in the last 21 months of the Obama administration.

>We were told it was the new normal.

>At a town hall in June 2016, President Obama famously said that some manufacturing jobs “are just not going to come back.” He went on to mock then-candidate Trump by saying he’d need a “magic wand” to make good on this manufacturing job promises.

>Months later, as the shock of a President-elect Donald Trump was still being absorbed, New York Times columnist and economist Paul Krugman tweeted on November 25, 2016, “Nothing policy can do will bring back those lost jobs. The service sector is the future of work; but nobody wants to hear it.”

>Well, a funny thing happened—Trump’s policies, and just as importantly, the expectation of Trump’s policies, ignited a manufacturing resurgence.

>In the first 21 months of the Trump presidency, nonfarm employment grew by a seasonally adjusted 2.6%. In the same period, manufacturing employment grew by 3.1%, reversing the trend under Obama when overall employment grew faster than employment in the manufacturing sector.

>Comparing the last 21 months of the Obama administration with the first 21 months of Trump’s, shows that under Trump’s watch, more than 10 times the number of manufacturing jobs were added.

t. econ grad who's made a fucking killing in the market last 2 yrs

>>13415169
Should I zoom out to September for the last time you got an ATH? My chart would be even better

>>13415166
Lmao

>>13414862
hedge signals on quant algos started flashing nao so statistically buying at this levels is not optimal, however there is always tiny chance it's not a major mistake :o

>>13415191
Yep, can't argue that logic.

>>13415191
Really? When was BTC's last ath?

>>13415207
I sold at $18,000 and rebought at 4500 stay mad stockfag

chipotle on me tonight boys

>>13414934
Can we go to $1 bro? How many shares you holding?

>>13415217
I literally live off of dividends, so I don't care what you do haha. That's good for you, nice to see someone from crypto not completely retarded.

>>13415162
>>13415184

Thanks for the article. Is there any way to see if the trend has continued since the article was published last October?

>>13415217
Hmmm, so what you're saying is that it's been a while?

>>13415242
I have no idea why he picked an article from last year.

https://www.forbes.com/sites/chuckdevore/2019/03/11/trumps-policy-magic-wand-boosts-manufacturing-jobs-399-in-first-26-months-over-obamas-last-26/

>>13415184
I have no education in econ but i use TA for day trading and short term swing trading with success. I want to learn how to interpret economic data and incorporate it in longer term investing, So i ask you, what sort of analysis do you do on the market using your econ knowledge to make that killing?

Only Reddit onion virgins actually hold Bitcoin. So fuck off. Alts are still getting killed.

>>13415194
God damn she was cute. I’d prefer young Jennifer Connolly, Young natalie Portman, or Allison Brie at Anytime in her career, but Winona a cute.

Anyhow, what makes you think that? How do I find out what the big boy algos are up to?

>>13415158
pffttthahahahaha

>>13415235
I literally live off of GAS. Bought antshares at $6, sold at $110, rebought at $6 a fucking gigaton of NEO. I have a very expensive lifestyle but I generate 3x the GAS that I need to sustain my lavishness, the 200% remained is reinvested into BTC and BNB. Boomers BTFO once again, you're never going to make it if you aren't reinvesting and also I could knock you out and fuck the girl you wish was your gf

>>13415265
>article literally from the same guy
>all i had to do was click on his name to find it

Sorry for being retarded, and thanks for spoonfeeding. If it helps I'm busy arguing student loans on /pol/.

>>13415166

This is why the boilerplate on options is don't touch them unless you really super duper know what you're doing and no fooling.

>>13415242

Holy shit lol, looking in to this shit Obama was even more of a fuckwit than I previously thought, and that's saying a lot.

> Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
> Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.

https://www.forbes.com/sites/chuckdevore/2019/01/04/312000-jobs-added-in-december-manufacturing-growing-714-faster-under-trump-than-obama/#312bc8715b50

>Comparatively, during Trump’s watch, the economy has added two manufacturing jobs for each job added in government while under Obama’s last 27 months, about three government jobs were added for each manufacturing job.

https://www.forbes.com/sites/chuckdevore/2019/04/05/trumps-economy-keeps-humming-manufacturing-adding-more-jobs-than-government-reversing-obama-trend/#567ed95c1eb7

Last couple months haven't been that hot, but you need to look at the big picture under his administration rather than get caught up in a month or two or so-so numbers imo.

>>13415325

The Donald put some much needed muscle behind US stance on foreign trade and outsourcing. It's not something that will create obvious flashy news for some time to come, maybe not for several years, but it will pay off. Bama was such a pussy with China.

>>13415294
(you)

>get feeling we may be approaching a pullback/bear trap
>I don’t want to sell any of my precious stonks
The one I most want to sell is tobacco, which I think is a “staple” type that does well in hard times.

>>13415347
Also a pussy with US. Had the opportunity to cram through single payer or any other legislation, but didn’t.

McConnell saw weakness and said “hey let’s be completely obstructionist on everything lole

McConnell is a prick and now he’s fucking with my right to profit off teenagers smoking.

>>13415347
I think it's much more likely that the lower tax rate convinced companies to repatriate cash and make capital investments at home. That's what the article says, at least.

>>13415294
You're trying too hard to be mean bro lol. I don't get mad, I just get money. I think it's dope that you made it like that, even if you're an ass. As for reinvestment, I reinvest heavy. My money makes me money. Some of these options gamblers may not make it, but I have a grasp on what it is I'm trying to do - and I do it.

snap 11.5 puts
04/26 expiration
good luck all

>>13415282
actually major traditional hedge funds did not participate this last rally at all

>>13415294
>I could knock you out and fuck the girl you wish was your gf
You could knock me out but Angela Merkel would just wreck your twink face with her fists

Reasonable to make 20k a year passively assuming you have 200k?

Do you ever do anything other than buy and hold when it comes to your retirement savings? Most people buy index funds no matter what each month. Is that you as well or do you scale out of positions and swap assets around?

>>13415412
Cake

>>13415381

It's a number of factors. Tariffs, public shaming, deregulation, tax cuts,

>The tax cuts President Trump signed into law in December 2017 were no doubt key to the sustained rise in job growth. But, perhaps even more important for manufacturing, a sector of the economy typically subject to more government red tape than the service industry, have been the Trump Administration’s deregulatory efforts.
>According to the federal government’s own rule-making tracking system, the Trump Administration has implemented 2.7 significant deregulatory actions for every one added through October of last year, for a net regulatory savings of $33 billion. As this is the federal government’s own accounting, the projected savings likely understate the real world effect, as new regulations along with regulatory uncertainty, act to dissuade investment and hiring.
>The employment results are clear: in the last two years of President Obama’s administration, our elites declared manufacturing dead while government added six times the jobs the number of jobs our factories added; while in two years of President Trump’s economic policies, our factories have added five times more employees than government. This is the formula for a stronger, more prosperous America.

>>13415412
Are you talking about 20% income per year? No, I don't think it's reasonable for the long term. 10% growth is too high but within the realm of possibility if you ignore taxes and fees.

>>13415265
My bad, I'm busy counting all my money.

>MSFT at $125
>AAPL at $207
I should've bought more high quality blue chips instead of these shitty memestocks.

>>13415404
But how do you find this information out?

(Once you're done explaining, could you explain it in the form of a series of self-illustrated comics?)

>>13415412
div yield is risk adjusted by the market. 10%, fairly risky.

Where do you guys think SNAP and eBay is headed tomorrow boys? Place your bets.

Hey

>>13414370
Fuck off weeb

>>13415265
>>13415295
Conserative policy shill making repeated articles assuring you the most recent tax cut was a great idea. Anyone touting growth numbers after the HUGE tax cut is disingenuous. After that tax cut it was virtually impossible for growth to not increase (temporarily). The hard part is making it sustained and what the fuck we are going to do about the dept.

>>13415522
Sold 1k shares off and kept 8k. Feeling good.

>>13415418
If you sell you have to pay taxes, so just never sell!

>>13415412
absolutely. I've been trading for 4 fucking days using knowledge I've gained from YouTube videos and info about what stocks to buy from people here and YouTube commentators and am up 4%.

if you can read and understand charts and combine that with the stocks these YouTube traders say to buy you're going to come out on top

>>13415606

>>13415432
>20k from 200k
>20%
/smg/, the crown jewel of the finance industry

Finally LPTX and VSTM stop twisting the vice.

Trim now or will it last?

buying GALT calls this morning = feels good man
I have 1+ Yang worth of just GALT calls (pricing is really chunky because no volume).
All $4 calls for 7/19 and 10/18
if we get significantly up over 5, or even to 6, I'm gonna see a decent amount of green.
I assume it will correct tomorrow a bit, but hopefully we are on the road to $5

>>13415644
>trimming way before any catalysts
Never gonna make it

>>13415669
I think it might keep going up. Rights Offering date is upcoming and funds need to be settled by Monday, I think. If people wanted to get in, they're getting in the next two days.

>>13415682
Pretty sure it's only going up because the sector as a whole is getting some relief (see PILL, LABU, and of course, XBI)

So yeah, I'm just trying to minimize the pain before they put my back in the fire.

Ding ding ding! How did everyone do today? I'm down .13%, my natgas and WBA absolutely ate shit, everything else did great. Oh well, we'll get em next time chief.

BOMARDIER JUST BROKE A KEY RESISTANCE

>>13415724
Kikes took $3,000 from my pockets.

NEW ATH COMING THIS WEEK

BELIEVE IT!

>>13415635
Yea, my mistake. I got it right the second time!

Even 10% is too high for income. I'm planning my retirement around the 4% rule(TM)

>>13415697
The volume is low enough that you can't really sell the options reliably.
I already was making money last week off of 4/18 exp $4 calls, because on Wednesday they were being sold for 0.15. I'm playing to make the money at the expiry date with these, I'm pretty locked in.
Makes it risky, but you can fish for some good prices on the options
because of Robinhood's fuck-ass options interface, you just kind of have to put in increasing buy orders until they fill or you get above the price you want to pay.

And because you can only get an option or two at a time, you end up putting in 15-20 minutes fucking around with the RH interface and typing in numbers just to grab a few hundred worth of contracts. So it's probably not really worth it : /

>>13415724
ATH crew reporting in. Who else here?

>>13415724
Up 3.75%. Sold off the cvs call profits, and moved on to VZ

>>13415724
+4.69%

Living good. Living dangerously.

>>13415724
LMT came through today
Now hopefully BA (among others) doesn't shit the bed tomorrow

>>13415724

Great day. Up 0.5% but more importantly I hoovered up a bunch of warrants right at support on something I think is a strong candidate for 2x+.


>>13415746

Nah I'm a ways away from that. Good year so far though.

SNAP down 1.5%, did they report yet?

>>13415746
BULLIIIIIIIISH

>>13415724
not yet, just after market shenanigans

https://www.cnbc.com/2019/04/23/kraft-heinz-weighs-sale-of-ore-ida-frozen-potato-business.html

get the tots while you can boys

>>13415724
my daily value reporting isn't reliable because of the prices of some options that I'm holding. I'm basically flat for the past 5days as far as I can estimate.

>>13415790
now they're out, and its looking good

>>13415724
Green on every stock, with +2,98%.
Excellent day, thank you based L M T

There it goes, SNAP just spiked 9%

>>13415397
RIP this guy

>>13415812
SNAP haters DEMOLISHED

>>13415724
You were supposed to sell half your natty to the greater fools on the sunday gap up

>>13415814
fancy

>>13415812
holy moly. SLAPPED that market buy, up 4%

>>13415724
+0.79% ($201).

>>13415724
>>13415842
This is why it's hard to follow ratsu's calls, he moves like lightning

>>13415058
>>13414976
>>13414598
>>13415184
Trump's tariffs combined with historically low interest rates have made many American manufacturing firms profitable that otherwise wouldn't be. Automation has also largely been held back by those same low interest rates and stagnant wages. All of which has been a downward pressure on labor productivity.

This means that a credit crunch and collapse in demand would cause much of the industry to collapse.Original anon was asking when recession. The answer is any time from this summer to the next. Yield curve inversion has already happened, Trump is threatening to up the ante on auto tariffs, hot economy means either wage inflation cuts into profits or higher inflation triggers rate hikes.

>>13415724
What goes down, might come up! Classic fishhook pattern, bullish TA.

No fries for me thanks, I think I need to start fasting again.

>>13415802
Bullish? I impulse 10 shares yesterday, and am considering just taking profits now. Not sure about the story long term.

Debt is bad and all, but I'm more concerned about them selling product than selling lines.

>>13415814
What is this? Level 2 or some sort of fancy bloomberg terminal isht?

>>13415861
Hush. We talk ecomommy when after hours closes.

>>13415875
no, its just the news widget of thinkorswim. you put in a ticker and it gives you info that hits the wire

>>13415875
You are down 4% you nigger
Stop being so hard on yourself

>>13415724
Up 11% today

>>13415842
I'm willing to wait this one out dawg, the difference between 2.49 and 2.53 is like 15 bucks for me. We're still below 30 RSI, still above 2016 resistance (am sweating a lil), and still touching the bolly band on the daily.

Should we be concerned that SQQQ is so low?

>>13415875
For me, KHC is a hold it until management turns things around and they're back to full blue-chip status, with the dividend restored.
If you want to treat it as a short buy&sell then that's OK too, up to your priorities.

>>13415861
You could just as easily say something like 'overburdening taxation had/has made certain American firms unprofitable that otherwise would be'. Then we can look forward to a nice bull market if the federal government continues to decrease corporate taxes and make this country a better place to do business. :3
Maybe you want to only call out Government intervention in the profitability of enterprise when it suits your feelings.
>automation has been held back by
yeah my ass

The important thing to watch now is the EU/US tariff spat about Boeing/Aerobus.

>>13415895
its a pretty good bet 2 be honest, also SOYB is a good buy

>>13415885
thanks fren.
>>13415889
I know, I'm gonna be okay, but is not fun to get smashed in a bull run. Doesn't bode well for bear times.

>>13415933
>'overburdening taxation had/has made certain American firms unprofitable that otherwise would be'. Then we can look forward to a nice bull market if the federal government continues to decrease corporate taxes and make this country a better place to do business
You could make such an argument, but you would be wrong. Such a tax would force LESS productive companies out of the market, but as we can plainly tell from the data, average labor productivity in manufacturing is going down and capital intensity is flat lining. Such a government intervention would make US manufacturing more efficient, as would raising labor standards and minimum wages.

>>13415935
>SOYB

wait a second... I need to test something.

BASEDBOY
BASEDBOI

>>13415916

Currently sitting in 7,500 shares.

>SOON

>>13415444
that funds badly missed this last rally is just common knowledge, read here and there... it's not secretive or anything just financial media coverage

>>13415987

>>13415969
nah

>>13415987
>SOON
Soon it might be 1500 shares, and the price will go up 5x !! how exciting

>>13416045

Waiting on the pullback from ATH's this week so when everyone gets buttblasted, I will win the stock market.

SNAP dipping.

Inb4 idiots buy in at the ATH, propel SPY over 300 to start May and then everyone gets bogged over Memorial Day weekend after two or three weeks of moving sideways.

>>13416070

You do realize they only reverse split once it approaches $1.00, right?

>must be a Retardhood user.

you're all on the QCOM train right

>>13416197

That's fine with me.

May 12th can't come soon enough

Who else LPTX bagholding?

I'm at 915 shares at 2.33 and that's after DCAing down from 2.53, I tried to swing trade the top like a retard

I don't know if throwing more money at it is worth it at this point

>>13416246
What's on may 12th

>>13416256
That's when the next catalyst is apparently, according to mom guy

STOP BUYING SNAP

Long BALS; Short PNIS

>>13416246
I mean I'm bag holding but I'm also at 1.83 a share so I'll be fine lmao

>>13415724
Down .5%, AH jumped to 9% up. Interested to see how tomorrow goes

>>13414352
What are the chances of sprint/T-Mobile merger going through?

>>13416207
I think you're the retard
The last time they split was a 4:1 around $10:$40
They RS it at 4:1, maybe 5:1 or 6:1, if they only did that at $1 it would never be above $6

The problem with that is it would be too discrete, moves of individual cents would be too much % of the share
and they don't want to do 40:1 splits

If you let me know where you came up with
>they only reverse split once it approaches $1.00, right?

I'll at least have something to laugh at besides the amount of money you're losing :^)

Unbelievable that the market is still rallying, just ridiculous.

Probably going to get out sometime next week, it's way too high with way too much going on right now.

>>13416515
If you're holding TMUS it's no big deal, if you're holding S you're fucked. I suspect they might restructure the deal and sell some Sprint assets. They're pushing the 5G meme pretty damn hard and claiming Huawaiwiwaiwii will be an easier enemy to deal with if the merger goes through.
https://www.tmonews.com/2019/03/states-lawsuit-block-t-mobile-sprint-merger/

https://www.tmonews.com/2019/04/doj-unlikely-approve-t-mobile-sprint-merger/

>>13416207
Which brokerage do you use instead? I'm looking to see if there's a better option than RH

Finally got around to fiddling a little with tradingview's pine editor to make a moving average spread as one indicator rather than three separate. I'm sure this already exists somewhere in the built-ins but I couldn't find it. The point with this is to allow me to turn the lines on and off with one click instead of three.

>>13416540
>get out next week
>trade deal announced immediately afterwards

>>13416246
750 @ $1.88 average. So far I'm down 8.33% on it.

>>13416540
i love cucks like this

their inability to ever learn that they are way too poor to ever stay solvent while the market is 'ridiculous' means they just buy short positions forever and my index funds somehow just keep going higher and higher, forever

>KHC plunges past my stoploss after hours
Duuude...
I’ve never used a stoploss before, wasn’t even considering this possibility. Fuck you, macaroni man. I hope they throw the book at you, Robert kraft.

>>13416540
just raise some cash if you're not comfortable. jumping in and out in full is unlikely to work out for you

>>13416621
It seems like you had your stop set too tight, it barely dropped
KHC is for the long haul
also Robbie K isn't affiliated with KHC, though he did admit he loved to eat their Mac&Cheese before getting handies from the Chinese girls...

I'd be very sad if any of my KHC shares were ripped away from me at these prices. Under 34 is a hard buy, then keep buying, sit back, and wait for 50+ and hopefully they pump up the dividend as the debt goes down

which investing style is best investing style

>>13416540

Trend is friend tbhfam. Most of the time I try to be cool guy prescient trader man on a trend reversal I get blown out. Much better results when I just exercise caution while still trading with the trend as the thing gets further extended above closest key support level.

>>13416670

Whatever works for your level of time commitment and level of autism.

>>13416670
mama always said dont put all your eggs in one basket so I got like 8 stocks with my money all spread out

What are some solid growth stocks that don't pay dividends?

>that twitter move
Well there goes my chance to get In before the election
>that has to move
well there goes my chance to get in before Disney’s blockbuster lineup

You ever feel like you should be able to see these moves coming, but somehow get distracted by other bullshit? Like trading around your bags and figuring out if you should buy more of your winners?

>>13416663
I like this in theory, but I’m not seeing anything in the story that excites me.

Maybe they’re not Sears, but they’ve completely ignored market trends and taken on boatloads of debt. For what? They’ve lost the next generations keeping cheez wiz on the shelves.

>>13416707
>that hasbro move

Not sure why autocorrect doesn’t know that word.

How the hell are people still pretending funkopop isn’t just the new beanie baby?

>>13416707
>Well there goes my chance to get In before the election
>well there goes my chance to get in before Disney’s blockbuster lineup
I'm starting to learn that these meme theories you hear on the internet are complete BS. Get in far before these things and as they are catalysts you wait for, rather than timings you jump in at.

>>13416704

Bombardier forever.

>>13416670
I've got one I like to call 'the blind monk'
You have to avoid numerical details as much as possible and focus on the qualitative information to make investing decisions
Avoid graphs and numbers as much as possible. You're allowed to know certain numbers, like how much money you have, what positions you have, etc.

Then, you invest with as little regard to quantitative information as possible. just words and feelings, no numbers. Decide what you want to buy without knowing what the share price is, then buy it

That's why I prefer discussing the stock market here, on /smg/. Barely any numbers or sensible price/value analysis at all, maybe a few sentences of valuable quantitative analysis for every 2 or 3 threads.
But it is full of feelings and pseudo-intellectualism, which is really all the information you need to drive a successful alpha-generation

>>13416704
Why wouldn't you want sweet dividends, anon?

>>13416670
dollar cost average every paycheck, have a plan of how much stock/bonds/cash you hold - rebalance periodically based on time and/or levels getting too far away from plan, be in it for the long haul, avoid tax events where possible (except for tax loss harvesting)

>>13416746
>it is full of feelings and pseudo-intellectualism

y-you're welcome

>>13416621
lots of food stocks took a hit today
but the fucking PBJ etf is up, so looking at the holdings, ok its probably because of KO, but they also have heavy posiotion in Archer-Daniels-Midland Co, ADM, this is supposedly a better version of Bunge financial wise,
they have earnings thursday, Bullish

How smart do you have to be to pick winning stocks?

I've been lurking for a bit. Bought some CIE Automotive stock (I'm an automotive journalist so that field is what I'm most acquainted with) using my bank (Santander, lol) as my broker and got assfucked by their fees.

I got mad and pulled out. Made some 50 yuro in profits but I'm a bit scared now. I want to make it really bad (lurking this board has also got me wondering about crypto but I'm unsure) but I don't really know how2proceed

pls send help

>>13416810
do you have net income or nah
easiest way to make it is with the boglepill

>>13416810
Interactive Brokers or Degiro are the best brokers for yuros

How godly is Keytruda?
Should we be stocking up on Merck?

>>13416740
But that’s basically just buy and hold? Plus anticipate future movements? So you’re saying I should just go all in now?

Apple’s been real good to me but I’m stating to consider taking my profits and diversifying. I was thinking of getting into twitter in feb and now I’m kicking myself

>>13415394
what a good boy

>>13416862
I just lost on a SNAP, I shouldn't be giving advice

>>13416791
Smart enough to know you must consult the arboreal goat panel for opinion on all trade decisions.

>>13416791
Smart enough to be born rich and make friends with people who control the stocks.

>>13416832
yeah not a great amount tho
20k a year

(man journalism in spain is shit lol)

>>13416791
It's not gonna be brother,trust me . Not gonna be like this.

I can open a brokerage account at my local bank but they charge about 30-40€ per fucking buy, only their shitty ass funds are free of charge
so ... is there any app like robin hood for yuros?

>>13415758
Nice bible app brother

>>13416862
>How godly is Keytruda?

next blockbuster cancer drug

https://seekingalpha.com/article/4255030-mercks-keytruda-galectins-belapectin-gr-mdminus-02-thoughts-evidence

>>13416862
>>13416899
one of GALT's major selling points is that their drug makes t-cell targeting immunotherapies (like Keytruda) work better

>>13416810
>>13416860
Seconding DEGIRO, really low fees

>>13416899
>>13416916
>>13416862

>>13416886
20k net or gross?

>>13416937
>>13416862
GALT's drug lowers galectin-3
High galectin-3 = Keytruda doesn't work as well (if at all)

>>13416939
net meaning after expenses, amount in your savings per year after you spend it

>>13416939
net my dude

>>13415758
What‘s your favorite bible verse anons? Mines Gal 6:9

Guys, is now a good time to buy? It's different this time, right?

>>13416962
mine is Gal: 3

>>13416956
oh, then, running off the top of my head, the number is probably around 10k after expenses (that's what you meant, right?)

>>13416988
yea sorry
just 3 fund it
https://www.bogleheads.org/wiki/Three-fund_portfolio
you've already made it just in the future

>>13416962
>Bible Volume II
Saints have interesting stories, but god is boring as shit in it. Impregnating a woman is neat, but doesn’t even raise the kid. Greek gods were much more based when breeding with humans.

I prefer their earlier works. Volume I God was badass as shit, rained down fire on villages. Turned a woman to salt, just for looking when god said “no peeking.” Drowned almost everyone when he had enough of their shit.

I should reread that shit.

>>13416947
That’s great, but I’m not interested in rolling the dice on more biotech memes. I want to go with big pharma, and I want to know if Merck has been unfairly punished by the Bernie beatdown.

>>13414598
I can give you 100 good reasons why there wont be a recession any time soon and 100 good reasons why there will be.

Trying to predict the future is a fools game.

>>13417040
what exactly do you think the difference between Merck and a """""biotech meme"""""" is

As nice as apple's been to me, i'm thinking about taking my gains and diversifying. I was really thinking about getting into twitter earlier this year

Who else all in on YUMA?

Based Iran sanctions are going to send us to $1. Thank you Trump punish those dirty sand niggers.

kek, my 1 share of SNAP today over 100 return at one point

>>13417072
Apple is not even close to fully recovered from its recent drop, there is no reason to sell yet.

>>13417059
Are you serious? You’re being real smug lately zoomzoom. I hope it because you’re making big gains or talking to girls.

You know the difference between big pharma and a speculative play. Merck is 100+ years old with many revenue streams and a consistent dividend.

>>13416972

totally different and everything is fine

why do IPOs drop price big initially?

>>13417174
do you think Merck's continued success is not also dependent on how well its drugs work

thanks twtr
>>/biz/thread/S13269466#p13276658

>>13417220

The people who bought in during the initial funding rounds take profit asap if the IPO hits the open market at a decent premium above original offering price range. Sometimes a thing will keep pumping for a little while after IPO but that, at least in my experience, is a low probability scenario.

Is KHC a meme or actually good
They are selling their potatoes, that's a deal breaker for me, I'd buy LW instead

>>13417227
(You)

>>13417246

Also, in response to the idea that this isn't fair to retail investors, keep in mind that the risk for pre-IPO investors is whether or not the company actually goes public as planned and in the timeline specified. Not a guarantee.

>>13417256
you should already be holding KHC, LW, and CAG (as well as other food stocks and consumer goods)
If you want to buy more, buy more
buy a lot more

>>13417264
not sure if you're aware of this, but drug patents expire
they can't depend on solely revenues from their existing products for future growth

>>13417194
Thanks bro. I'm chucking in all my life savings into the stock market

>>13416755
Because I put stocks that pay dividends in my Roth. My normal investment account I want to be pure growth so I don’t get taxed for anything unless I sell.

>>13414011
>BILI puts?
Too late. BILI dropped 5% back in Monday's pre market trading session because of it, but it have already recovered

>>13417281
Holy kek what a fucking shill
I hate this guy’s personality/character, but he says some not dumbass things sometimes.

>>13417267
CAG has terrible brands. No thank you

>>13415158
>le bitcoin moon xd
Today I sold an option on Lockheed Martin with a daily gain of 900% overnight.

>>13417299
But western investors seem totally clueless on this. Are the investors mostly in Asia?

>>13417314
If you had bought it when ti was under 21.50 earlier in the year you'd probably be more excited about the idea of owning CAG

love my CAG
love my food stocks

>>13417339
everyone is buying BILI

I'm buying BILI

I can't stop

>>13417310
he's been fairly bearish for the last couple of years, sounds like he might be giving up on that. either way, the tren is your fren

>>13417314
wtf they own the 3 top selling Syrup brands mrs butterwoth aunt jeminma and log cabin with the pinnacle acquisition which gives Hawaiian chips and also Vlasic a leading pickle competitor to kraft

Galt continues upward tomorrow. Get in. We're going on a moon mission.

>>13416972
why didn't you buy in december?

>>13417380
wrong thread my guy

>>13417380
>>>/trash/

>>13417339
I would say some of them are in Asia but not most of them. It's probably those clueless investors in the west t
who saw the stock price dropped quite a bit mysteriously without any specific news on media that they can read, and see that as a chance to buy the stock, that helped pushing their stock price back to the original level.

>>13417378
But I did buy in December, anon. Went from being 17.7% down in Dec to being almost 12% up now

>>13417365
Maple syrup is a commodity almost completely controlled by a Canadian cartel. Embargo on leaf land.

>>13417369
Considered buying the dip, but the biggest shill here just >implied that all stocks are speculative plays because all investment involves speculation. I’m now thinking I should short the shit out of it.

>>13417363
Have a limit order at $16. Think I’ll let it stay there, but the github leak is bad news, doesn’t give me confidence in management. Big lols at storing unencrypted passwords. It’s not likely, but it’s possible it crashes way past that.

>>13417346
>I missed CAG at $20
Fugg me dude, fugg me
>>13417365
Hmmm, I like putting that syrup on eggos. Who owns eggo?

>>13417404
*As a note, during the IPO they have a Chinese online dealer helped them selling their stocks to the Chinese

>trying to highroll into earnings calls
This is my only ticket out of wagecuckery bros

>>13417408
that's a nice recovery, congrats. i took your question to mean something different.

>>13417416
Meant to reply to this one:
>>13417346
Not this one:
>>13417363

However, in response to CNBCposter, that doesn’t build my confidence. If the guy whos been bring since December is suddenly bullish... I think I may start taking profits from my VTSMX. I just know I’m goimg to fuck up the whole “timing the market” thing.

was looking at may credit card debt today and had a thought: why not use a credit card for investments? you only need to get like 20% to break even and the last month alone was like 30% in stocks

>>13416670
At the start of the 1970s there were 355 equity funds operating in the US. Equity funds trade publicly listed stocks like us, retail investors. Guess how many of them were able to beat the SP500 in returns? Ten. Eight of them exceeded the SP500 by 1% to 2% each year, the other two by more than 2% per year run by Fidelity Magellan (2.6% per year) and Fidelity Contrafund (2.1% per year). 281 are now defunct and 64 of them either performed the same as or worse than the index.

Its a pretty insane statistic. For the world of finance and equity investing only 1 in 35 equity funds can actually out perform the market over a 46 years. Statistically the probability of outperforming the index in your first year is about 29%, 15% in 5 years, 9% in 10 years, 5% in 25 years and 2% in 50 years.

Its also been shown that retail investors fail to perform better than average in the market, because they are competing not just with other retail investors but the entire financial ecosystem. You're on the same trading floor as the hundreds of Goldman Sachs guys who are doing the exact same thing you are, except they have more time, resources and training than you ever will. Additionally they have access to financial investment opportunities you never will, which is where they make their real money, not stocks.

Now ask yourself, do you really think you're going to beat those odds? You might, in the first few years, but even massive gains of 20% each year over the next 3 years would not set you up for life. And even if we pretend you did make a few million in 5 years in short term investing, those strategies do not work when you are dealing out hundreds of thousands of dollars in investments because the tax penalties are enormous.

Go take whatever money you have saved and invest it in the SP500 if you're American, or your nations equivalent. As long as you keep putting whatever money you can into it, you will make better returns than 98% of investors in the long run.

>>13417421
its kelloggs and the CEO said you should buy the stock so I bought some today

>>13417463
get payday loans too, can't go wrong

>>13416765
this is a meme

>>13417464
>SP500
Grow some balls and put it in QLD

>>13417463
it's a lot cheaper to just buy on margin if you want leverage. different brokers offer different rates for such. good luck, it's risky biz.

>>13417463

>>13417479
maybe, it worked for me though. now i work because i want to, not because i have to.

>>13417464
>>13416670
In case anyone wants all the sources, its in the Little Book of Common Sense Investing by John Bogle. The guy who invented the first index funds. And before anyone says its biased, he never actually made any money from his own invention. Vanguard the company he founded is a privately held company held by its own funds, so anyone who invests into Vanguard are the owners. He did this in order to remove the competition of having to make returns for investors as well as for shareholding investors.

>>13417481
I would like to see your balls in 10 years, because they will have shrunk considerably.

>>13417502
QLD survived 2008

>>13417463
Trading on debt is how people ruin their lives. Also
>Only 20%
Warren Buffet averaged 20% every year over his entire career. You're telling me you're better than Buffet?

>>13417502
>I would like to see your balls in ten years

The absolute state of SMG.

>>13417510
So did the index. The power of compounding the index over decades is going to be far higher than anything you do in that time frame, unless you're the 2%. So I wish you all the best anon, ill take the 98% chance you wont make it.

>>13417472
Didn't Kellogg's donate 500k to a trans chairity after selling their cookies?

>>13417519
Its okay you can show me your balls now too if you want

>>13417464
Did you write this or just copy-paste a jack Bogle speech?

>>13417425
I’m... not sure what this means. Isn’t that just a broker/underwriter? I REALLY REALLY want to invest in both China and Anime, but you’ve made a good case that doing so is basically insane, since I won’t even be made aware of news that Chinese speakers are trading off of.

>>13417421
Every goddamn day there are opportunities I miss out on. In this market, they’re not even complicated options or shorting plays, it’s literally just buy low. I’ve got a list that eat away at me, and CAG isn’t near the top.
You can be damn sure we’ll get more tomorrow. The lesson for me is, when you’re confident, go hard. Otherwise, wait for stories you’re confident in.

I’m pretty sure healthcare and big pharma are ones I’m going to be kicking myself over. Think I’ll try to pick up more Merck and UHC tomorrow.

I’m open to suggestions that aren’t small cap speculatives.

>>13417521
QLD is up 1000% since 2006 while QQQ is only about 400%

>>13417553
Remember the last time SMG memed leveraged index funds? In December?
At the top?
Yeah, I remember

>>13415861
There was a single day that the yield curve inverted, not whole months worth. Months of yield curve inversion is what predicts a recession, not a single day. Pic related is from this year. Once the yield curve does invert though, a recession should occur between 7-24 months based on history.

>>13417527
probably, theyve committed a few horrible atrocities against humanity

>>13417572
Ya and they are almost back to where they were

theres like 99% chance tesla will skyrocket tomorrow after earnings.. right?..

>>13417583
Haha yeah let's buy the top again haha

>>13417549
>Did you write this or just copy-paste a jack Bogle speech?
I wrote it, but it is based on his book.

>>13417553
And the SP500 is up well over 13000% since 1970 with reinvested dividends.

>>13417585
unfortunately TSLA is going to 250 :(

>>13417572
>>13417595
The entire point of holding an index is not to sell it for years, that's where the returns come from. Your short term buying and selling is mathematically weaker than long term holding.

>>13417585
>Literally everyone and their mother making fun of Tesla
I doubt it friend

>>13417615
Wow I've never seen cope emerge BEFORE you lose everything
Very interesting

>>13417595
>S&P nearing golden cross
>becoming increasingly clear big business will win again in 2020
Yeah sure, it’s the top. Sit this one out friend.

>TFW the twin warring powers of FOMO and FUD are tearing apart my soul.

beware of volatile markets leverage fags

>>13417641
Yo

If we're in catabolic collapse, why does the stock market go up?

>>13417629
You can travel back in time and throw your entire life savings into the SP500 the day before the 2008 crash, and still make a return of 200%. Had you caught the bottom, 400%. And had you thrown in a small amount of savings from your job every month, that return would have been enormous, more-so than any day or short term trading you would get from /biz/.

But shit anon, I wish I was wrong. I wish I could sit on my computer all day and make millions from throwing money at my screen. But the math proves that isn't the case, it simply doesn't happen. What does happen is the power of compounding over years making people millions of dollars.

>>13417464
This is a good post, and every investor should know all of this information
I don't agree with the 'just give up because the odds are really tough' part though. I mean yeah for most people, index funds are the way to go.
But I think if there is a chance at beating the index, I have to go for it.
So far so good (with my RH play money account)

>>13417681
>everyone’s the same but I’m different
>most people are losers but I’m a winner
>I’m not like the other girls
:^)

>>13417662
H-hi. Are you my state mandated gf?

>>13417625
>>13417610
ok check tsla out tomorrow friends, at least 10% gains

>>13417681
Just put 70% in the index fund and try to beat the market percentage wise with the rest. If it isn't happening after a few years, 100% the index.

I think it's a little silly to not try. Can learn a lot from trading some individual stocks.

>>13417674
youre just trying to ruin our fun bro

>>13417463

>>13417681
>I don't agree with the 'just give up because the odds are really tough' part though
I didn't entirely either, I purchased my index but also weighted it slightly by purchasing two large cap stocks I thought were under-priced and going to outperform the market over the next few years, its weighting my portfolio because they already exist in the index I own.

If you have the majority of your money in the index, you already beat the overwhelming majority of investors, but if you can weight your portfolio by even a percent more over a decade that literally puts you in the top 2% of investors. But as Bogle says, doing less makes you more, and just sitting on an index will outperform continuous buying and selling of stocks. Im going to reanalyze my portfolio in 3 years and see if I was right, since ive never seen or heard of anyone else having the experience of weighting an index like this.

>>13417731
Im not trying to ruin your fun desu, I just want you to make money. But the math doesn't lie, indexes win over time. Still, that doesn't mean you cant put 90% in the index then use 10% for fun short term trading. I dont agree with Bogle that you cant make money in the short term from rational decisions. I mean for example Apple went down 10% in a day at the end of last year, that was always going to recover and was purely reactionary selling to non-substantial news.

So have your fun, but minimize it, throw 10% of it as a gamble on /biz/ tier bets, but keep 90% in the index and actually become wealthy anonsan.

>>13417416
>I’m now thinking I should short the shit out of it.

please do, and make sure you post your position here

is there an ETF for islamic terrorist attacks?

im 19 and have 2000$ what do everyone, im a new fag

>>13417791
read a book

>>13417791
Put it all in VTI and let it compound for the rest of your life.

>>13417786
>ETF for volatility of violence
>more violence in the world means more yield
We grimdark now

>>13417731

Nice pic. TQQQ is the only way to Jew.

Hab an upboat.

>>13417747
>since ive never seen or heard of anyone else having the experience of weighting an index like this.

uhhh

https://www.investopedia.com/terms/t/tiltfund.asp
https://www.bogleheads.org/wiki/Value_tilting_-_stock

>>13417798
im retarded i cant

>>13417572
remember who it was making those posts

>>13417828
it's not that you're retarded, you just don't have the attention span because you're used to constant stimulation from the internet and video games now
you can do it if you focus

>>13417810
>>13417791
VOO has better returns, usually the top portion of a countries companies perform better than the entirety of a nation. So in the US its the SP500 which is the best performing index, in Australia its the ASX300, Britain I think its the FTSE100 which is the best. You can find this out by looking at Vanguards ETFs and seeing which has the best returns for the lowest fees.

>>13417826
Oh cool thats what iv been looking for thanks anon

>>13417836
Yeah honestly i was mostly joking around, im not opposed to reading. Like the last book i read was the martian on my own like a year ago. Its just hard to know what is actually useful to read

>>13417837
thanks dad, i just downloaded robinhood and was looking at some stuff

>>13417853
>Its just hard to know what is actually useful to read
*John Bogle The Little Book of Common Sense Investing
*John Bogle The Clash of Cultures
Benjamin Graham The Interpretation of Financial Statements
*Benjamin Graham The Intelligent Investor
Philip A Fisher Common stocks and uncommon profits
*Graham and Dodd Security Analysis
Peter Lynch One up on Wall street
Richard A Werner new paradigm in macroeconomics
Ray Dalio Principles
*Ray Dalio Big Debt Crises
*Fred Schwed Where are the customers yachts?

The ones with stars are must reads.

>>13417883
ok i just saved this post, thanks dad

>my friends are talking about buying calls and I have no money and don't even understand options

I want to stop wageslaving too.

>>13417883
No random walk down wall st.?
I heard that’s the good shit

>>13415294
go find another thread to larp in please fuck off from /smg/

>>13417899
No worries. For context, Benjamin Graham was Warren Buffets teacher, Ray Dalio runs the most successful fund in the world (but supports indexing over stock picking and thinks capitalism is broken as fuck) and Bogle pissed on everyone's day when he said stock picking was ineffective. He became the single most hated man in Wall Street (because he ruined their fee structure), then his Vanguard fund because the largest indexing company in the world because he was right.

Out of the lot Bogle is the most trustworthy source of understanding finance. He never had his skin in the game or a profit in mind for himself, he just wanted to find the truth as to what was and was not effective in making money. Even his company only ever paid him a salary, he never had shares in it because when he created it he made it so the fund held the shares, not him or anyone else.

Real fucking hero, died last year, made me sad.

Last

>>13417549
>I’m... not sure what this means. Isn’t that just a broker/underwriter?
Yeah but it's difficult for Chinese residents to invest into Chinese stocks directly due to both Chinese and American regulations, and these brokers on Chinese internet make it easier for Chinese to buy American stocks as well as helping them selling the stock to Chinese investors.

>I REALLY REALLY want to invest in both China and Anime, but you’ve made a good case that doing so is basically insane, since I won’t even be made aware of news that Chinese speakers are trading off of.
Well the good news is that from yesterday's example we can see those Chinese traders don't have enough momentum to change how the stock move by the end of the day, which mean even if they are trading on news that you don't know, their impact on stock price based on information you don't know would be minimum as long as you are aiming for mid/long term instead of day trading

>>13417945
Bogle is absolutely fully based, one of the most important men of the 20th century but nobody cares when he died

Index funds are truly the best, just buy VTSAX/SPY/VTI/VOO whatever you want, they are all close enough to not matter really, and JUST KEEP BUYING AND DONT SELL EVER

>>13417913
Haven't read it so I don't know desu

I feel like the wall street books I have read can all be summed up as
>People on Wall Street promise big, deliver little
>They get rich from taking huge fees
>They use their clients money to make them less than average returns
>They use their profits to make huge returns from specialized financial products that the average person (and even government) cant touch or understand
>They all have yachts
>Their clients don't

And that's pretty much it.

>>13417975
ok sounds good, im not an expert at any of this. However i am young and making some money to invest. Shouldnt i sell when i am an old fag tho?

>>13417945
Bogle is a true american hero. Definitely worthy of a statue somewhere. Rest in peace

>>13417976
So can I skip “where are the customers yachts” then?

>>13417975
W-what about when the yield curve inverts though sempai? When it inverts and stays inverted?

>>13417798
>implying any of the books will help you
All of the stock market books are either warning you about how Wall St. will chew you up and spit you out or over-optimistic lies about how "you can do it too," essentially being a part of the former process.

Find some basic investment strategies (except TA because unless you're running a super computer you won't benefit from TA) and stick to them, depending on the amount of risk you're willing to take, your time preference, and what you're best at.

>>13418051
is meant for >>13417791

>>13417853
don't read any of that nerd shit
you want:

The Book of Guys, a collection of short stories by Garrison Keillor. Now if you're a zoomer some of the short stories might fly over your head because there are no iPhones or internet stories, but it's they're short and pretty good.

Foundation - Isaac Asimov

House of Leaves

Business Adventures - John Brooks

I might think of some more, I dunno
Basically if you read nerd books you'll just get bored. Those are written for boomers, but even most boomers have trouble reading books like that these days. Plus, for a lot of the intro advice, if you need someone to spell it out to you word-by-word you'll never get anywhere anyway, so why waste time.

>>13417906
just wait and watch your friends lose money

>>13417945
He died this year. February, I think

>>13418051
C'mon anon, you really think people can make sound investment strategies? lmao. Most people don't even know how to change a tire...

>>13418067
>foundation
Based and AsimovPilled

>>13417991
>Shouldnt i sell when i am an old fag tho?
Haha, yeah, eventually. The general principal is that once you have a large holding and want to start to draw from it, you remove a small amount each year, like 4%. Go look up FIRE (financially independent, retire early).

>>13418019
>W-what about when the yield curve inverts though sempai? When it inverts and stays inverted?
See the picture >>13417674 Biggest financial disaster of recent memory in 2008. Looks like a little blip on the index.

The media make money off headlines. Financial firms make money off people moving their investments around as much as possible. Having people in a continuous state of panic moving their money from property to stocks to bonds to stocks and around and around is great for everyone but investors because of one word: Fees. But if you go put your money in an index and leave it there the only person who gets a fee is the fund manager, and those fees are <0.5% per year which is nothing, for VOO its 0.04%

This does not mean indexes are immune to risk, not to go into a long blog post but you would have to literally collapse an economy to destroy its index. The value of the 500 companies on the SP500 for example would have to go to near 0, America would be in literal war to do that. Alternatively, sovereign risk, i.e. governments say tomorrow all money in indexes is taken to be used for a war or something.

>>13418069
No, which is why I know that none of the books can help you. If there was a book that if you read it you would definitely make money (real money, i.e. enough to go up one rung of economic class) everyone would be rich. In this dying country and dying economy honestly just feeling around and exploiting everyone's FUD and FOMO is even a legitimate strategy.

>>13418067
well know im a little confused what to do lmao. Everyone is telling me to do different things. I think that reading does have it utilities but people are the best resource since they have real experience. My primary objective is just to make good money, and not necessarily read. There are a lot of smart people on this platform and I wae hoping to get advice

>>13418107
A shame really. It's not even that hard, just gotta do a bit of maths here and there. My entire investment strategy relies on simple piecewise addition and basic derivatives anyone can do.

In reality tho, y'all don't need books. Best way to learn the game is to play it.

>>13418097
>This does not mean indexes are immune to risk, not to go into a long blog post but you would have to literally collapse an economy to destroy its index. The value of the 500 companies on the SP500 for example would have to go to near 0, America would be in literal war to do that. Alternatively, sovereign risk, i.e. governments say tomorrow all money in indexes is taken to be used for a war or something.

I'd say that the country is basically collapsing, it's just not collapsing fast enough that we can visibly see it. It probably won't finish collapsing until all of us are long dead. The market goes up right now because we're pumping medicine into it.

>>13415166
Tell papa bear what you did

>>13418133
Math is a rarity in my arsenal. I do swing trading and I manage to float by on that just by keeping my finger on the pulse of the idiot masses (of whom I'm trying to escape) unless I'm just doing basic "this company used to be valued here, but it went down for a little while due to this news, but it should go back up again."

>>13418107
>No, which is why I know that none of the books can help you. If there was a book that if you read it you would definitely make money (real money, i.e. enough to go up one rung of economic class) everyone would be rich
Yeah, its called indexing.

If you've been reading the news you would know the single largest generation wealth distribution is upcoming, as the last gen dies off and their money passes to their children. Know where all that wealth came from? A few decades back retirement funds started reinvesting in the index, rather than using financial firms. In Australia our retirement funds (Superfunds) are going to be the single largest shareholders and wealth holders in Australia soon with over 2 trillion dollars of assets.

Most people benefit from indexes, few people realize they can benefit even more if they stop throwing money away and save some in indexes themselves as well.

>>13418124
>well know im a little confused what to do lmao. Everyone is telling me to do different things.

That's the stock market right there
You're getting the hang of it


>My primary objective is just to make good money, and not necessarily read.

Even better, fantastic for a beginner. a natural


>There are a lot of smart people on this platform and I wae hoping to get advice

OK this is not true
ABORT ABORT
do not do what the people here tell you
you want to take what they are saying and digest it and then make your own decision
we are not smart
If you want to spend years learning then you gotta dive into the arena and get bloody
the other path is just to put money into mutual funds

>>13418155
Swing trading is fine and all when you've got a good feel for trends, but you should try to incorporate some metrics here and there. It's good to pull some emotion out and put some cold hard numbers in sometimes. Good luck tho, swings can be hard in high volatility.

>>13417853
- The Drunkard's Walk
- Laws of Chaos: Probabilistic Political Economy
- Classical Econophysics
- Contending Economic Theories
- Debt: The First 5000 years
All great books that teach you how to think about the larger economy and where it's headed, Drunkard's Walk is especially good for teaching you humility in investing.

>>13418067
Foundation is great.
If we're talking fiction, The Reckless series by Cornelia Funke is fantastic. Would also recommend Diabolic by S J Kincaid (not it's sequel tho). Also halfway through Atomized by Michel Houellebecq and it's pretty good.

>>13418161
Mutual funds are pretty good idea unless you really know what you're doing. Now's a great time for TGLMX.

>>13418161
ah ok, I was looking at using the drip method bc sounds good for someone my age. However sp500 is something new to me and it doesnt look like a lot of money, but idk

>>13418198
Dividends and drip are good, but they never made anyone rich. How many rich 20 somethings do you know that made their fortunes on SPY? Put together a concrete plan on how you're actually going to guarantee gains or reduce losses as market conditions change.

>>13418207
so what im getting so far is that there are certain oppurtinities that make you money, but based off the economy you wanna pull out and reinvest?

>>13418231
If that is your strategy, then you're best bet is to do this anon. Invest according to the yield curve. Go into bonds for a couple years after it inverts, go into stocks all the other years.

>>13418124
>There are a lot of smart people on this platform
There actually isn't and that's your first mistake thinking there is.

>people are the best resource since they have real experience
This is the single most dangerous lie in all of investing.

The stock market is a bell curve. If you make money, you are taking that money from someone, and if you lose money, someone has taken money from you. That's how the entire market works.

If you took 1000 people and told them to go invest, everyone to the left of this line would lose money, and everyone to the right would gain money. Now you take those same people and do it again, you get the exact same deviation. If you keep repeating this year after year after year you know what you get? You would get a small number who lost everything, lots who loss, lots who won, and a tiny number who won big. Thats how the bell curve works in a pure supply/demand system, its straight up math. When someone comes into this thread and shows their 300% yield, people had to lose in order for that anon to win. Now if he repeats it for three years, do you really think it was always skill? He really had a one up on everyone else? As its been pointed out, 1 in 35 equity funds beat the market in the long run, 2% in 50 years. Does that sound like skill? Or does it sound exactly like a standard bell model?

And this why why indexing works: you're not betting against anyone but the growth of a nation. You're only risk is "Will the economy grow?". Let all the other fish swim around in madness trying to catch the new craze, all they are doing is building your wealth while you watch and profit.

>>13418244
what exactly are "inversion bonds"? google not helping.

>>13418191
>>13418161
>suggesting mutual funds
>>13417464

>>13418231
No. It's complex but the histories tell the tale, as >>13417464 explains above.

The shortest way to put it is that any strategy where you try to do something like 'based off the economy you wanna pull out and reinvest' WILL 99.9% cause you to lose more money than just staying in index funds.
there is a 0.1% where you time it all right and fuck the boomers and get rich
but DO NOT worry about that stuff as a beginner.

do NOT listen to >>13418207 and >>13418244 as a beginner, if you try to 'get clever' and time and beat the market you will lose much more money than investing and holding. the market CAN be beaten but before you can beat it you have to join it and learn. Neither of the posters telling you to 'get clever' are generating consistent alpha

>>13418246
Well obviously i wasnt going to blindly invest, im not too stupid, but i do think what people have to say is useful if you do some research on their thoughts. That being said i do know for a fact all of us are fags.

Also what is indexing lmao

>>13418246
Stocks are a positive sum game. They are pieces of a company that entitle you to that company's income (usually not literally other than dividends, but at least in equity). Yea, the bell curve is real, bar long tail events, but that's only for really irrational trading behaviors like daytrading, penny stock gambling, or incorrectly assessing a company's current equity value. And sure, luck exists both good and bad, but it's entirely possible to be 100% successful with good habits. Index funds technically fall into that success range because they avoid to be irrational, but they're not the best you can do

>>13418288
Not only do I generate alpha, I do it regardless to the stock's price. Would you like me to share my strategy in the next /smg/ thread?

>>13418288
so index funds are generally more consistent and stable, but may not be as flashy in terms of profit?

>>13418289
>Also what is indexing lmao
You purchase the majority of the market, rather than individual stocks.

This is done by purchasing an exchange traded fund (ETF), you buy it like a stock, but it is made up of hundreds of companies, not just one.

Vanguards VOO index for example, tracks the SP500, it only holds shares in proportion to their market cap. So if you buy 1 share in VOO, you own a share in the 500 largest companies in America. If for one reason or another a company collapsed, such as Apple (which is in the SP500) then its position is taken up by another company in the SP500. In terms of risk it is non-existent, the only way an index can collapse is if the entire economy actually folded, not a crisis, but actually died. For historical context the SP500 has returned more than any investor or company ever, and that includes through both world wars, obviously since it lasts longer than either could ever hope to achieve. That is the level of security a index provides.

As pointed out above, and by Bogle, indexes always beat people who pick stocks over time. In other words, stock picking is a losers game the more you play.

>>13418266
>>13418244
This is the financial model of a person who invests so much time in 4channel that they have to have a name on an anonymous message board.

It’s very interesting, but is not approved by any professional investors, academics, financial advisors, or people in the real world.

That said, I love the idea of someone getting rich off of this advice. And when people ask “how did you do it?” He’ll tell them he got his financial advice from the same forum where he got his recommendations for pornography and Japanese cartoons.

>>13418266
No that line just represents investing in 10 year treasury bonds every time the yield curve inverts by selling all your equity and buying said bonds, then selling those bonds after three years and re-entering the equity market.

>>13418279
TGLMX is literally just a govt bond mutual fund, you buy it when you're looking to invest in low risk bonds.

>>13418288
Nothing too "clever" about just investing in bonds or stocks as a whole. I'm generating about 5% annual realized returns atm, which is my target.

>>13418279
a reasonable mix of low fee mutual funds is no different from an index fund.
indexes aren't magic, they are still based on decisions of what companies to put in the index.

>>13418289
the whole point is that as a beginner you SHOULD somewhat blindly invest. think about a horse running a race with blinders on to keep its focus on the goal.
if you take the blinders off, you might panic and sell off at the bottom. happened to some boomers in 08.
If you put money in slowly but surely, and don't take it out (especially when the market is down), that is 100% the most successful strategy a beginner can have.

>>13418246
>The stock market is a bell curve. If you make money, you are taking that money from someone, and if you lose money, someone has taken money from you. That's how the entire market works.
This isn't really the best way to think about it, as another poster pointed out. There is some truth about grabbing the fruits of growth, but an analogy about taking money from other people is wrong and harmful towards having a clear view about investing

>>13418338
Yield curve inversion is a pretty well respected signal, no? I just formally backtested a strategy based around it.

>>13418320
post what you got
5+ years min

>>13418328
they will be more stable than stock-picking AND generate more returns in almost all cases (unless you are Warren Buffet)
Adding bond funds into the mix with index funds will give more stability with lowered returns (generally)

>>13418338
I lost a ton of weight based on the /fit/ stickied guide. I leave that part out when talking to people about how I did it. Worked though.

>>13418335
Not gonna lie this indexing thing sounds like it chief, if that post about how successful it is over stocks is true.

>>13418308
>Yea, the bell curve is real, bar long tail events, but that's only for really irrational trading behaviors like daytrading, penny stock gambling, or incorrectly assessing a company's current equity value.
Except it doesn't, it applies to the entire market. I suggest you go read Bogles common sense investing book, it explains it better than I can as to why stock picking will always fail in the long run. Anywho iv done my civic duty trying to save /smg/ for today.

>>13418347
So 2 years prior i did invest bitcoin as first ever investment. I generated a 120% profit off it, and ever since then i realized how powerful investing is but im so busy with school somtimes that i dont really focus on it

>>13418367
>+5 years min
Sadly cannot do, as I'm 21. But I'll give /smg/ a mathematical framework + proof I use on how to generate income without regard to a stock's price, assuming the same risk as investing into stocks normally. As a bonus, I'll add in how I calculate stoplosses too.

>>13418347
>a reasonable mix of low fee mutual funds is no different from an index fund.
False
>indexes aren't magic, they are still based on decisions of what companies to put in the index.
Uh no, they are not. There is no human decision to include an index company into the index, its based off the market cap of the top 500 companies for the SP500. Again, go read my previous post about why mutual funds failed, also go read the Bogle book iv shilled. Trust me anon I it was wrong but it isnt, and you need to educate yourself on it.

>>13418388
Indexing is useful because it's difficult to beat the market. That said, it's entirely possible for the market to just not perform well for extended periods of time, the 70s and 30s are good examples. Small investors are beating out the smart money for the first time because they're all just doing index funds, but many of these small investors will probably get their asses blown out in a crash because they have no stop loss or risk management. Something to think about.

>>13418067
>House of Leaves

I'm not familiar with this one. Looks great. Will check it out.

Foundation trilogy is required reading for sci fi fans.

Making a new thread. Please stand by...

>>13418388
There are some real stupid people in this thread now who have no clue how indexes, etfs or markets even work. I would suggest you go run and educate yourself now.

>>13418423
The reason the SP500 in't the SP460 or SP501 is because of human decision
let me know if that makes sense to you
I could make a cap-weighted mutual fund of the top 69 companies and charge very low fees

let me know which part confuses you

>>13418419
If you aren't going to post returns (over time) just say so

>>13418472
Well from my perspective there at least some. I used to go on /fit/ a bunch bc i was overweight, and going through the threads and learning about the body is what helped me lose weight.

NEW THREAD COMING IN HOT AND SALTY

>>13418504

>>13418504

>>13418504

>>13418504

>>13418502
>The reason the SP500 in't the SP460 or SP501 is because of human decision
Jesus you're thick. There is also are or have been SP50, 100, 150, ect ect

The SP500 has been the best performing of the lot, the entire market has also out performed everything else. These are NOT human choices.

>>13418563
you original post was
>suggesting mutual funds

index funds are a sub-type of mutual funds
mutual funds in general do not necessarily dictate some complex stock picking strategy or dynamic (in time behavior).

An example of simple mutual fund is an index fund. But if you like index funds, there isn't anything wrong with an equally simple, low-fee mutual fund that isn't as strictly based on one of the large indexes, as long as it's management principles are simple and clear.

All of it is based on human choices

you seem to think mutual funds are bad and index funds are good, but it just shows that you don't have a real understanding of how things work outside of a book you read