/biz/ - Business & Finance

New thread for a soon-to-be new day. Hopefully less of a total piece of shit than that last market session was.

Rejoice and be merry.

>>13556781
dont tell me what to do

Who else here is cutting out all eating out to have money money to day trade with

>>13556804
I've cut back on drinking but damn i want a beer right now
the stone seasonal russian coffee porter is so good but its like 10 bucks for a bottle
thats a share of Ford right there
F for my beer, my beer for an F

Invest your life savings into IQ and reap glorious gains with me in two weeks time.

I moved half of my equities into bonds yesterday at a 1.75% loss on the day. Am I gonna make it guys? I really scared.

I'm planning to buy $CAT (Caterpillar) and $TXN (Texas Instruments) tomorrow.

Investment thesis: these are buy-and-hold dividend stocks that are unlikely to go out of business and should continue to grow solidly as technology advances

>>13556785
The American Way

>not investing in index funds focused on Russia, Venezuela, Nigeria, etc., places with massive potential where things are so bad that literally they can only go up and succeed and become first world nations.
Think on the long-term, not just the next month.. Do a little foresight and strategy.

I was digging through my old smg memes and found this.
Mega based

GET YOUR IRAs MAXED DO NOT FORGET THIS

>>13556914
Why?

>>13556930
Taxes

>>13556865
The thing is the countries may be good but look at the actual components of the ETFs, they are terrible.
Most international ETFs suck when looking at their components, the Nigeria ETF in no way reflects the actual economy of Nigeria like SPY does to America

>>13556930
Hes right, since any gains aren't taxed in a Roth
but IRAs arent as fun

>>13556970
>>13556963
But what if I want to take that money out in a couple years?

>>13556829
F

Brew your own beer like a true niggard

>>13556976
for what

>>13556726
Oof you couldn’t even add text to the bubbles.

No disrespect, good job putting an anime gorl in the OP!

>unrealized freedom
Damn right, I’d have to sell it to realize it.

>>13556976
You wont have to worry, as long as you have a shit ton of equity liquidity will never be an issue since you can always have access to low interest loans. Never take money out. That is your growth engine an experienced investor will always be assured of an average growth of at least 5% and you could get a low interest loan for around that if you have the equity yo back it up.

>>13556976
>he thinks he can take money out of his accounts

>>13556983
to invest in something else

>>13557017
>an experienced investor will always be assured of an average growth of at least 5%
ok.. sure.

>>13557033
you can do whatever you want with the assets within an IRA dumbass

do you literally only 'trade' using a taxable account? lmao actually nevermind continue your failures, your money will continue to flow to me

Someone keep me updated on the twitter goings on.

I’d rather check this thread or some sort of RSS feed aggregator.

>tfw one tweet away from a rally or a crash
Covefe

>>13557033
just invest in something inside your IRA dude

>>13557033
>ok.. sure.
You could literally have dropped all of your money into any of the major indexes and averaged 8% year over year for the last 10 years so yeah sure.

>>13557052
>just invest in something inside your IRA dude
I don't think the type of investing I do is allowed in any IRA...

>>13557042
>you can do whatever you want with the assets within an IRA dumbass
So I can invest in convertible debentures in the pinks with an IRA?

>>13557067
>You could literally have dropped all of your money into any of the major indexes and averaged 8% year over year for the last 10 years so yeah sure
Thats odd.. the investors that I associate with make way more than 8% a year like over 100% a year.. and they aren't fans of IRAs....

>>13556976
You can for certain expenses. Like a first home, education, or a percentage if you agree to forfeit your ability to not have to pay taxes on what you take. Also in the case of 401ks they have similar functions, but you can get matches at most "not shit" jobs. Matches are just free money nigga.

>>13557085
>401ks they have similar functions, but you can get matches at most "not shit" jobs.
What if i don't have a normal job?

>>13557084
well if you're such a hotshot then surely hitting the 6000/year cap isn't shit to you, so why not do it anyways?

>>13557084
When setting up an IRA you can choose what type of investments you use it for. And if you ever feel like changing said rules? You just roll it over to a different account. I used to do that shit as my job.

>>13557085
>Ranma 1/2
Flashbacks, m8.

Unironically didn't put anything in IRA account this year so I could have it all ready for corn instead.

>>13557098
Let me put this in another way...
Tax free growth
Tax deferred basis
You can take it out by forfeiting those rights
You can literally invest in most anything with it

>>13557084
>100% a year
>100x100x100x100x100x100x100x100x100x100 in 10 years so a hundred sextillion percent in 10 years.
Wow cool fucking story bro. How many planets they own?

>>13557105
I've turned 3k into 17k with some convertable debt before... If I can do that in an IRA point me in the direction of a broker that will clear my shares... if not.. I'm not going to tie up ANY money into some fucking account that I can't take it out of.

IRAs and 401ks are for normies.

>>13557108
So which ones will clear pink certs under .01? .. most brokers won't even do that...

>>13557125
>You can literally invest in most anything with it
So I can clear pink certs through it? please point me in that direction.

grate her flesh

>>13557138
Ladies and gentlemen, /smg/'s professor of mathematics.

>>13556726
I have slowly come to the terrible revelation that none of you know what the fuck you are doing. I have a Master's in Accountancy with a Minor in Finance. I work for a fortune 100 as a corporate accountant with a CMA and CPA. I used to have some faith in anon. None of you know how to actually value a company. You have no fucking clue how taxes work. You can't read financial statements. For fuck's sake you think TA works and the entire field of decision science churns out dissertations every other day highlighting their absolute dismay at the fact that brainlets ever consider using it. You have no idea what Dunning-Kruger is. You don't know what survivorship bias is. You are too fucking uneducated and stupid to comprehend how fucked you are.

Idk why I'm even posting this, fucking goodluck kids.

>>13557138
They spend a lot of money.... like a lot of fucking money...

You think they just make it to sit on it? lol come on man

>>13557141
>So which ones will clear pink certs under .01? .. most brokers won't even do that...
Yeah but most brokers aren't retarded either so theirs that to consider

>>13557121
The best part about finally setting up my desktop is that I can use all my hardrives of weeb shit on one device.

>>13557141
Among some of the most popular of these firms are E-Trade, TD Ameritrade and Scottrade. Though a self-directed custodian IRA can be used to purchase penny stocks, it is generally considered more advisable to utilize brokerage IRAs to facilitate penny stock trading. Low transaction fees are a must for penny stock investors and should be considered when selecting a broker.

>>13557141
401K is literally free cash, if you don't have a normal job with a match its a different matter though, so not for you I guess.

>>13557162
>he fell for the higher education meme
oh no no no

>>13557170
>Yeah but most brokers aren't retarded either so theirs that to consider
that doesn't answer my question..... at all....

>>13556856
Thats a real deep thesis there bro.

>>13557182
>Though a self-directed custodian IRA can be used to purchase penny stocks
I don't think you understand what a convertable debenture is...... I don't just buy penny stocks on the open market lol

guys
what if LCI bought GALT?!!
LCGALT!

>>13557199
Its just unsecured bonds and loans, but yes you can?
There are IRAs that may invest in penny stocks. In these instances, an individual most likely works with a broker-dealer that permits its clients’ IRAs to invest in stocks traded on the over-the-counter bulletin board (OTCBB). Besides the OTCBB, penny stocks are also traded through pink sheets.

Bad advice from SMG?
Bad advice from SMG!

>do not your tax deferred individual retirement account a.k.a. Roth IRA.
>buy that Boeing dip! Its pilot error, black people can’t fly planes!
>Cramer is a retard, do the opposite of what he says
>Fuck Pinterest, I’ll scoop it up after it tanks like lyft

>>13557182
How’s that liquid cooling system working out? You ready for our erp sesh?

>>13557105
>>13557108
please let the guy with the weird name continue to fail, his money flows to us

its the sort of thing that you feel like running over with your car when you see it penniless under a bridge, but you dont want to waste any time on it or the damage it might cause to your vehicle tso you mov eon and forget its existence

>>13557230
I don't think you have a clue about what kind of trading i'm talking about.

This type of trading is all done through email and phone....

I doubt there are any IRA accounts that will clear pink sheets... You may be able to buy penny stocks through them but you most likely can not sell freshly printed shares through them. There are very few brokers that actually do that and none of the ones that I know of that clear pink certs or QB certs have any type of IRA option.

>>13556726
What h is this from?

>>13557255
People have jobs where thats literally all they do. It would be impossible for one carrier to have a vast selection but yes plenty would work with you to let you invest in anything they had access too or offered. But as I said, fees are involved, and you have to shop around. If anything iv'e seen you invest in dozens of normal stocks in this general anyway. So I don't know why you wouldn't use it just to fuck around with those instead of all this trouble. The point is its possible just inconvenient.

>>13557217

>>13557292
ok then.. please find me a broker that will clear penny certs through an IRA account... I've been doing this for a few years and have yet to find one...

Don't tell me something like etrade or tdameritrade.. those aren't the type of brokers that are going to clear stock. They won't even look at anything trading under .05 Tdameritrade even turned down mine and my partners corporate account because the reason was to clear penny certs...

Its not as easy as it sounds.. like at all.. its not your average type of investing.....

http://www.pennystocknation.com/deposit-physical-pinksheet-otc-stock-certificate.html

>>13557323
That still doesn't explain why you dont want to have an IRA on the side

Either youre a hotshot trader and an IRA would just be nice to have on autopilot mode on the side just for free year over year gains with no downside, or youre small potatoes and the IRA outpaces your pinksheet trading

>>13556877
The cheapies & golden bull oscillation is proven safest and potentially highest long term return strategy of them all. Particularly if you do so with a 2x leverage index fund with backtested resistance to liquidation on the deepest lows.

are we gonna have more cheapies tomorrow

or did I miss my chance to buy

>>13557372
>doesn't explain why you dont want to have an IRA on the side
Because I don't like my money tied up in an account where i get penalized if I take it out early.

>>13557392
Yeah but that still doesn't explain why you dont want to have an IRA on the side

Either youre a hotshot trader and an IRA would just be nice to have on autopilot mode on the side just for free year over year gains with no downside, or youre small potatoes and the IRA outpaces your pinksheet trading

>>13557323
I've stopped that Biz for a while, maybe Schwab? You would need a Broker Dealer and I doubt they would be that accommodating unless you had a big account to roll over cause they do manual review for this kinda shit. and Schwab specifically won't let you fuck with anything under a Penny.

Like I said just fuck with that shit however you are now, and use an IRA for your LCI type trades. You can buy and sell, and you can't put that much raw money into the IRA anyway per year. You get to defer taxes and any gains WILL NOT BE TAXED. Its a long way out to get the benefit, but assuming even just 1/20 of your activity was in the IRA that adds the fuck up.

>>13557401
>Yeah but that still doesn't explain why you dont want to have an IRA on the side
because I don't want to have ANY money tied up in an account like that... I don't get how you don't understand that.. I might not even live another 20 years.. why the fuck would i put my money in an account that I can't touch for another 35 years? Maybe if I blindly invested in stocks over 10billion market cap every month from a wage slave job it might make sense..but that isn't my style.

To each their own...

>>13557390
you missed your chance, it's turning around now and going sideways till friday at which point it will shoot up or fall off a cliff

>>13557406
>use an IRA for your LCI type trades
What if I want to add more than 6k a year to that specific position? What if the account has only been open for 2 years? I can only invest 12k into LCI?

>>13557445
>>13557463
aight man, to each their own
personally i hope you're here for a lot longer than 20 more years

>>13557475
>personally i hope you're here for a lot longer than 20 more years
thats kinda scary to think about... I might still be posting on 4chan in 20 years

>>13557445
To pass on
You can use it on a house
Take it all for a 10% withdrawal Penalty
No penalty for medical use or health insurance or college
No penalty if your legally "disabled" and want to withdraw (anyone can do this)
Roll over to an annuity
You can take your contributions (but not earnings) from a ROTH after 5 years at no penatly


Point being its flexible if you are not a dumb dumb. BUT I will accept your logic of not wanting to lock away a single cent. I'm typing this for general educations sake anyway.

Lemme get some more of those increased tarrifs tweets. And don't skimp on the China backing out of negotiations...

>>13557489
4chan? never heard of it. Now 4channel, theres a wholesome site i can see my self posting on in the 2040s

>>13557489
I've posted since I was 13, in 2005. More than half of my life.

>>13557463
It would not be your exclusive investment vehicle is the point. Its purpose would be to maximize gainz through tax deductions and nontaxable gains. So you invest idk lets say 50,000 into LCI. if 12,000 of that is immune to taxes and a right off is that a bad thing? Also if you do get gains obviously the account grows as well.

>>13557497
The tarrifs are going to be yyugge. The biggest tarrifs you've ever seen. America is going to win, thats what we do, we win, we win here we win there we are going to win. Esecpially when it comes to china. Oh China.. China, China, China.. They are going to see the tarrifs and think to themselves "my god those are yuge tarrifs" well they are, the tarriffs are huge folks, America is going to start winning again. China is smart, but the tarriffs will be yuge. We are going to win bigly with China foks

>>13557495
>You can take your contributions (but not earnings) from a ROTH after 5 years at no penatly

Wut. Is that true? I can take out the principle and play with the proceeds, without penalty?

Also, stop casting pearls before swine. This guy is legit retarded or legit trolling you. I’m guessing trolling, but he’ll come up with some other justification to waste your time and his.

>>13557504
Based.
>>13557497
Also based

>>13557566
I like BigGuy always have. If anything he is prompting a discussion and hopefully someone will learn something from it that will help them at some point. I will take a discussion over whining/shitposting any-day. Hes a unique character you gotta give him that.

>>13557566
yes, the contributions eventually become yours without penalty again, so you can indeed pull out $5,500 or now $6,000 a year in the future assuming you maxed your contributions annually in the past

> Iran's Supreme National Security Council's statement: As of today Iran doesn't commit itself to observing restrictions of stockpiling enriched uranium and heavy water. Iran gives other parties 60 days to implement their commitments, esp. in banking and oil.

https://twitter.com/Khaaasteh/status/1125992076968116224

>>13557459
Bullish divergence is coming back to the 15 min. candles on s&p. All day it was hidden bullish: lower lows on equity and higher lows on rsi. Protip when higher lows lead to higher highs on rsi with equity hitting lower lows and lower highs, it's going down more. I like to think of it as the rsi is making more room to fall or rise in the direction it's going. Timing is out of the question with just rsi unless you have an unlimited stack to double down.

Kind of odd how U.S. supported coup in Venezuela fizzled out. What a half-ass measure?

>>13557594
He’s shilling stocks, telling people not to sell, then trimming his positions. Pretty shitty thing to do. Was the big 5 incident similar? How long have you people been here?

Who are you, karenposter?

>>13557607
Can’t believe I wasn’t doing this as soon as I turned 18. I’ve had vtsmx just sitting in a regular account forever, should’ve switched it over and got tax deferred gains.

I guess taking out $6000 doesn’t help me if I’m going to be putting in $6000 every year regardless. But that’s cool that I have the ability.

>>13557559
USA! USA! USA!

TRUMP! TRUMP! TRUMP!

>>13557692
Years, and no.
You only get one hint
>I still have bags of IQ

>>13557692
you forgot the part where i bought more today

Very scummy.

But there have always been people who enjoy fucking others over without much personal benefit.

>>13557956
Idk man. Its kinda investing 101 to take profits on huge gaining days. I believe he said he took like 30% or 10% or something. That isn't even that much. Everyone should lock in some profits at certain points.

>>13557989
exactly.. It was less than 10% of my position and I bought the same amount back today.. also sold some covered calls and bought some puts just in case which played out nicely... Some people just don't understand...

>>13558005
Well you do definitely act like a boogeyman to egg people on.

>EU, China and just about every other developed geopolitical entity maintain significant tariffs on goods made or produced in the U.S.
>this makes it difficult or impossible for American companies to have any significant presence outside of their domestic market as these countries give their local manufacturers and producers, which already make use of ostensible slaves in China's case, an enormous price advantage (not to mention regulatory preference) on similar competing goods like cars in particular
>Over time this one sided arrangement has perhaps irreparably damaged US manufacturing as a whole
>US responds in a completely reasonable fashion
>"DURR BLIMPF BAD"

I want Eurotrash to leave

>>13558049
While your not wrong, commercial manufacturing companies have incredibly tight margins due to the death of retail. Even here in Dallas the cost of metal is fucking these companies over hard. If they had more time to adjust it would be a different situation.

The situation is complicated because yes if we were able to manufacture everything from home we would be in a better spot, but many parts and materials are simply not mass produced here because in the past it was not profitable. So many are forced to just pay more for their Chinese shit, but are still locked into contracts that don't account for it OR their customers simply won't accept higher costs.

Tariffs are a start but not really a solution. If you want your manufacturers to buy from home in a country like the US your going to have to either drive prices out the roof or boost these industries until they can do the work efficiently enough to compete with the slave wages of overseas competitors. If we simply use blanket tariffs we have to deal with higher prices, and lose a plethora of benefits from our would be trade partners who will then place barriers on us. STILL limiting our industry.

>>13558104
>different states should be held to different standards
yea fuck em, rev up that global recession if america gets blamed for other nations retaliations, then the world deserves a depression

we've been doing this shit for seven decades now, USA is no longer 50% of the worlds economic, and manufacturing outputs anymore, theres no reason for us to continue kneecapping ourselves for eternity, because other nations will throw a fit if we dont because "status quo"

>>13558199
My point is its a slow diplomatic process. It needs to be done. But just saying fuck you to everyone else and only dealing amoungst ourselves would only further handicap. I would never argue for status quo, I would say that change doesnt happen overnight though.

when the bowling America volume multiplies by 10
how mysterious

>>13556726

How is the war with Iran going to effect the markets?

>>13558104
It makes sense that a smaller country would want to protect its industries from a stronger one (in fact the U.S. had strong tariffs up until the early 1900s). In the case of the EU bloc and China that are close to economic parity with the U.S. today though they exist strictly to maintain an economic advantage over the U.S. pretty much specifically-and it's long since past the point where something has had to give. The biggest problem here aren't the new tariffs themselves but the fact that, as you'd said, American business has been forced to work around this situation for so long that going back will be painful.

All of this is certainly exacerbated by recent phenomena such as the retail apocalypse too (partially a product of internet commerce playing by a different set of tax rules than retail was for the past two decades, I feel-it's bad enough that these stores had to compete with obese NEETs selling their used baubles while sitting in their parents' basement in their piss stained underwear, let alone giving them a 7+% default price advantage and taxpayer-subsidized shipping).

One way for tariffs to 'work' (as a means to an end) is for them to protect new growing industries until they reach some positive feedback economies (scale, agglomeration), such as in early U.S. or pre-WW1 Germany. When Trump slapped the metal tariffs, there was no such thing IIRC in U.S. So you'd expect it to hurt a bit until the domestic producing picks up. Don't know if it actually has picked up.

Has it?

>>13558240
Amazon killed retail, it was suffering before but Amazon was the killing blow. I worked at a retial shpowcase manufacturer in Dallas for 5 years and their business is down more than 60%. They worked with all the big boys, but even the retail outlets not going out of business are not opening stores, in fact they are closing them.

SO these huge plants that have INSANE overhead, are being bumfucked by having far less than half their previous business and higher costs to build the damn shit. TO compound the problem most retailers want their shit seasonally. So the manufactures have mass lay offs, to the tune of 40-60% of their workforce, because they never have business. But then they cant make the seasonal big projects because its hard to find temp work for welding and carpentry reliably and in high quality. The industry is bleeding out and this is not the time to attempt big change in their supply lines, when they have reduced work, unless the government plans to support them.

If a 25% tariff on a strong trading partner can upset the markets this much I wonder what all of this talk on the other side about taxing our own company's balls off will do, especially given that win or lose this upcoming election Trump will probably be the last Republican president for several pairs of election cycles, if one is ever elected again.

>reminder that until very recently most OECD countries had lower taxes on commercial entities than the U.S. did

>>13558288
depends on the nature of the tax. My understanding is the common idea is a flat tax on Net profits for big corporations, but in that case they just raise their own salaries to report lower profits and the stock market suffers.

>>13558104
> If we simply use blanket tariffs we have to deal with higher prices, and lose a plethora of benefits from our would be trade partners who will then place barriers on us. STILL limiting our industry.

Moving manufacturing and industry out of the country certainly didn't do any favors to American industry. The psychological obstacle here , the undercurrent, is that this sort of argumentation does not address the fact that the greatest manufacturing power right now is practicing mercantile capitalism - and if you want to be a great power you have to be a great manufacturing state. This is China.

Your allies didn't help you when you opened yourself to trade, they used U.S. as the bank, Americans go into insane debts to fund rest of the world. Continuing to do it, will cause more decline. I guess in the end it is about the will, 'which way American?'

>>13558288
Whoops wrong picture

>>13558278
>The industry is bleeding out and this is not the time to attempt big change in their supply lines

I agree but: term limits. Of course it would be better that these problems are addressed one after another but there's too many of them and not enough time-or 'will'-for them to be outside of one orange man. The presidents that came before and those that will come later will continue to kick the can down the road and choose to perpetuate the status quo, and Xi and Merkle both know that.

>>13558222
Explain, Ratsu! Are you the MM now?

>>13558314
And of course there would be less consumption of current goods and services, but that's the price you pay for the future...

I don’t think I’ve ever seen this...

>>13558360
You could always say the death of manufacturing was inevitable. If the future is in online shopping maybe eventually only expensive specialty stories will thrive. Maybe in the future we don't need so many shopping centers and plants.

Of course moving away from that as the focus, even buildings become more expensive, because what its really about is raw materials. Suddenly opening a business is much more expensive, building a house is much more expensive, margins for real estate takes a hit. I believe the answer to many of these problems lies in the efficiency of automation, but that brings just as many problems with the loss of jobs and such.

Like I said, the situation is nuanced and complicated. Most solutions bring problems, its like playing an endless game of Wack a Mole.

We have people pushing for basic income right now, trying to address a future problem not to occur, but don't have the money for that it would costs trillions upon trillions yearly. Ideally we have politicians/our government address these problems as they occur, systematically until we have run through all the hurdles. But at some point we stopped evolving with our problems, or at least slowed down. And as they pile up, we begin to be tempted to leap over them, or to half ass our solutions, but doing so will only makes things even worse.

Perhaps a little conflict is what we need, maybe a wake up call would force people to address immediate concerns rather than dream or future solutions for future problems while their infrastructure burns.

>>13558427
I don't understand how a security could have such incredibly low volume. Even if it's an obscure company very few people are interested in, surely MMs and algos would provide volume for it? 41 people own it on robinhood alone, that's more than a lot of stocks they have. What's the deal?

>>13558429
>You could always say the death of manufacturing was inevitable
Only to the extent of American time-preference going up.

>>13558222
>>13558427
Also what would happen if I just fired off a market order for 10k tomorrow?

>>13558371
hee hee hee

>>13558460
an epic shooting star

Bedtime

Buy IQ, BZUN, HUYA on the dip today.

>>13558507
China stocks? Right before they lose the war? Hmmmm...

>>13558544
3 scenarios
1. We all win
2. We all pretend we win
3. We all lose

People still buy cigarettes in a depression, right?

I should’ve bought booze and food stonks instead...

>>13558429
UBI is solved if we stop giving money to foreign countries. We probably don't even need UBI if we embrace isolationism.

>>13558460
>>13558488
/Smg/ pump. Hell yeah.
Everything I say on biz is satire.

> bilateral trade volume between US and China dropped significantly in the first 4 months, reflecting a worsening trade ties between the world's two largest economies as Trump administration's reckless tariffs war drags on.

> From January to April, the trade between the two giants was 1.1 trillion yuan ($173 billion), accounting for 11.5 percent of China's gross foreign trade, down from 20 percent in 2017 prior to the two countries engaged in a tit-for-tat trade tussle last year, according to China's official data released Wednesday.

Bullish divergence is returning to 15 min. candles. Today if it's seen on longer time-frames we can go back up.

https://www.reuters.com/article/us-usa-trade-china-backtracking-exclusiv/exclusive-china-backtracked-on-nearly-all-aspects-of-us-trade-deal-sources-idUSKCN1SE0WJ

>>13559212
I read this too.

> WASHINGTON/BEIJING (Reuters) - The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.

> The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters.

That is quite the response to raised tariffs.

>>13559222
Disregard this I suck cock

this happened before tariffs got hiked.

>>13559222
>>13559229
I initially read it that way too and my jaw dropped. Either way, good on Trump.

>>13559233
I was staring at the Reuters headlines and I was like 'Wow, Chinaman playing hard ball' until I read the article. Confusing messaging from them.

Chinks lie about promises and go back on their word? What a fucking surprise. I've got thousands of vxx shares at an avg of 27. This has been a good week.

>>13559240
>>13559293
Futures just went from flat to red. Might be because of this news? At the beginning, Trump appeared to want to expedite trade talks. This appears to be something larger.

>>13559342
The whole world, minus China, would love for a deal to happen. The chinks are NEVER going to give up the sweet deal they have going on now though. This whole trade deal was a buy the rumor sell the news event from the very beginning.

>>13556726
Now is the prime time to buy HEB cheapies.

>>13559342
They changed the core fundamentals that the US wants. Tariffs will increase and SQQQ will sky rocket for a bit.

>>13556838
Is this guy legit?

>>13559468
>>13559402
Thank god I only bought DIS yesterday. I don't think this will go too much farther, the Chinese seem to be pulling all cards to try to stop any slowdown in their economy.

>>13559480
Just going to hold my SQQQ calls for a few trading days then sell at open on monday. I think i'll buy a mustang with my gains. Idk

>>13559480
Should I buy long-term put now?

>>13559496
Anon, I don't even know what I should do. You shouldn't be asking me for advice fren.

>>13559496
Long term? Fuck no. You should wait until tariffs are increased and then buy cheap TQQQ. I think we'll see TQQQ at 70+ before a correction/recession. SQQQ is for short term gains which is hoping nothing good comes out today and trump increases tariffs to 25% on friday and adds tariffs on other things. I was kinda a little worried until i saw that article where it shows the chinks basically changed everything up last second and then threatened not to show up. We'll see.

>>13559293
this looks like china has never had any intention of making a good faith deal, they're just stalling. trump will either be forced to take a subpar deal so he can claim a victory of sorts, or go into election with a full blown trade war. the deal kind of deal the markets have been expecting and washington has been hyping up is completely dead in the water

>>13559523
This is what i've been saying all long. They know they're going to fuck everything up and it'll hurt them but if it can get the trump admin out its worth it. Think about how much of a pain in the ass trump has been for china in the last 4 years in every field. Trump didn't make right on any of his promises other than the economy and the chinese have the power to take that away from him.

I know this isn't stock market related, but I don't want to start my own thread and this seems like the only existing thread to talk about non-Bitcoin related investments.

How do you make a profit off of real estate? I crunched some numbers and it would take 10 years at least to see a return on my initial investment from the money I earn from rent assuming that I have a tenet paying the same amount for that period of time.

>>13559563
1. make a TD ameritrade account
2. pass the anal inspection
3. buy 20k shares of LCI
repeat until you've made it

>>13559523
>>13559544
I don't know about this. I have a feeling the Chinese are far more afraid of Trump than they are willing to show. The only reason I believe they won't make a good faith effort on a deal, is that they do not want to appear to be weak. This could lead to other markets fighting being emboldened to try to get a fair deal out of China. Though, I don't believe anyone has the economic firepower to do so.

>>13559584
Either way they'll look weak. Like now, if they don't show and the market tanks they look weak. If they show after the threat they look weak. Might as well do the thing that takes trump out

>>13559563
If you sell after 5 years you'll make a return on your principle. otherwise it's more like collecting dividends with the risk of repairs. Also you make all of your money on the day you purchase. So choose wisely,

>>13559563
Real estate is for investors that already have money. It's a boomer meme unless you buy your own house that's affordable and in a promising location.

>>13559600
Your own home is a liability not an investment.

>>13556726
FUCK JEWS
FUCK NIGGERS
FUCK LINKIES
FUCK CHINKS
FUCK NIGGERS
FUCK KIKES FUCK YOU

>>13559563
Honestly anon just get a second mortgage and head down to the casino

>>13559598
>Also you make all of your money on the day you purchase.
What do you mean by this?

>>13559658
it will make sense once you get deeper into the biz. just remember it for future.

>china bans all investment in US as retaliation to trump.
>inflated housing market collapses without chink money
>boomers and nigs with arm loans default.
>bailout 2.0

Market priced in a successful trade deal, ended up not being the case and now we've got a shit ton more to fall to get where we were back at before

I think Drumphie will keep playing hardball then if China doesn't cuck he will do a shitty trade deal just for the sake of his campaign mid 2020 to get a big bull run going leading up to his re-election.

>>13559563
Real estates benefit is debt utilization. Basically it's a great way to use safe leverage in order to short the dollar which suffers from inflation.

>>13559692
china is wayyyy more fragile than the US.

Anyone playing earnings today? DIS AH

WHY IS GOLD PUMPING.
THEY TRIGGERED MY STOP LOSS AND NOW PUMPING. FUCK BOGS.

>>13559717
DIS to the MOON. With the help of boy Smin we will get to $150.

>>13559717
I picked up a couple shares to add to my baby stack.

wot should I invest 1,000,000 dollars in if I want to live in Thailand fucking whores and eating dank Indian food for the rest of my life?

>>13559853
LCI. It should get you down to the 100k level you need to live like a king over there.

>>13559866
>LCI
As in the drug company?

Found out I’ve been smoking K2 lads... the absolute worst possible high you will ever have. Anyone selling vape carts for “weed” is lying nothing but straight synthetic poison.

>>13559886
U deserve it for vaping

>>13559883
Yea. I was explaining how to lose 900k of your money if you were following me. You only need 100k to live over there.

>>13559918
I thought you were telling me how to get 100k a year in passive income :(

>>13559853
Unironically just T-bills if you want to live like a king. You could probably do 70% T-bills 30% REITS.

>>13559886
I make my own vape carts using supercritical co2 extraction. MS/GC tested 94% pure. Garbage in, garbage out

>>13559925
with 1M i would buy DIS today if you gamble
Buy div stocks if you live safe. JPM DOW KO T

>>13557162
>wasted his time to say "im smartr than oll of u"

>>13557162
SPicy pasta. Grazie!

>>13556726

Whats the difference between trading stocks and crypto. I heard there is more TA in stocks?

>>13557489
Remember, you're here forever fren.

>>13560045
I know who manipulates stocks, I don't know who manipulates crypto.

>>13558222
Shit. Are you they guy that was talking about that yesterday? It looked fishy. That's odd.

>>13558919
Only a moron would think that a bunch of autists on a mongolian basket weaving anime tiddy forum would be serious.

WFT

Why can't emerging markets into growth?
Worse returns than cash since 2009 baka

>>13559563
Start a thread! I'm sick of these crypto pajeet retards. I will start making threads FFS. I love you guys, I'm gonna fix this board.

so I just got a vanguard account from my gramps worth 13k. what do i do with this?

>>13559747
DIS definitely shooting up. I wish I had the cap to get in right now. Really I wish I got in before Investir day. Fuck.

>>13560178
Guard it with your life.

>>13560178
cash out and buy a used luxury 4-door

>wake up
>plug took a big shit

I TOLD YOU FAGGOTS. YET I LET YOU TALK ME INTO REBUYING IN BECAUSE I NEEDED TO HAVE A GOOD DAY AFTER THE PAST FEW WEEKS WHERE I DROPPED 30 PERCENT

FUCK OFF

Why can't europoors into the stock market?

>>13560193
I was going to do something similar to >>13560196, only 6k for an rx8
but if it's better to keep it all in their, can you explain why? do I need to read everything in the intro? pardon me if this is a lot, i'm just new here

Essential reading for real-estate investment/management?

>>13560199
Why do you people blame other people for your own decisions
Don't pretend you don't have agency

>>13560227
Oh, you were serious.

Ok, this depends on your goals, and your age somewhat. If you don't have a car, yeah, it's not a bad idea. Leave the rest in there to invest, or if you want to start trading go ahead and learn a bit first, and then use a small amount to get familiar with the practice.

If you don't need a car, yeah. Leave that shit alone, for the most part. Keep it invested in whatever pertains to your goals, and let that shit STACK. You've hit your first big milestone (10K) without any effort. Next get your 100k, 250k, 500k, and 1m. Get 1m in there, then just collect dividends and "retire".

> The global financial system faces an existential threat from climate change and must take urgent steps to reform, the governors of the Bank of England and France’s central bank have warned, writing in the Guardian.

> In an article published in the Guardian on Wednesday aimed at the international financial community, Mark Carney, the Bank’s governor, and François Villeroy de Galhau, the governor of the Banque de France, said financial regulators, banks and insurers around the world had to “raise the bar” to avoid catastrophe.

> They said: “As financial policymakers and prudential supervisors we cannot ignore the obvious physical risks before our eyes. Climate change is a global problem, which requires global solutions, in which the whole financial sector has a central role to play.”

> The warning comes as concern over the impact of climate change and the lack of urgent action is increasing, reflected in the Extinction Rebellion protests and schoolchildren’s strikes across the world.

> The heads of two of the world’s most influential central banks urged other financial regulators around the world to carry out climate change stress tests to spot any risks in the system, while also calling for more collaboration between nations on the issue. They warned that a “massive reallocation of capital” was necessary to prevent global warming above the 2°C maximum target set by the Paris climate agreement, with the banking system required to play a pivotal role.

—Mark Carney, François Villeroy de Galhau and Frank Elderson

https://www.theguardian.com/commentisfree/2019/apr/17/the-financial-sector-must-be-at-the-heart-of-tackling-climate-change

This is waythe fuck far out of Central Bank "mandate" of target inflation and full employment.

>>13560283
> The prime responsibility for climate policy will continue to sit with governments. And the private sector will determine the success of the adjustment. But as financial policymakers and prudential supervisors, we cannot ignore the obvious risks before our eyes.

> That is why 34 central banks and supervisors – representing five continents, half of global greenhouse gas emissions and the supervision of two-thirds of the global systemically important banks and insurers – joined forces in 2017 to create a coalition of the willing: the Network for Greening the Financial System (NGFS).

Dear lord.

>>13560199
>>13560267
If you don't have an actual fundamental reason to hold a company long term, then cut your losses early if a trade isn't working out

I've held GALT for ~9 months now because I've actually done individual research on the company and I like their fundamentals (fundamentals in this case meaning the science supporting the efficacy and safety of their drug and the company's management)

>>13560267
Why are you such a faggot?

>>13556726
wheres the image from?

>>13560287
> As long as temperatures and sea levels continue to rise and with them climate-related financial risks, central banks, supervisors and financial institutions will continue to raise the bar to address these climate-related risks and to “green” the financial system. We need collective leadership and action across countries and we need to be ambitious. The NGFS is the core of the response of central banks and supervisors. But climate change is a global problem, which requires global solutions, in which the whole financial sector has a crucial role to play.

I'm absolutely speechless.

These retards cannot control inflation or interest rate,
but now they think they can control the fucking climate?

>>13560287
GREENED.com

>>13560294
>>13560287
>>13560283
> “massive reallocation of capital” was necessary to prevent global warming"

Stealing the money of the people will control climate I'm just ABSOLUTELY SPEECHLESS.

At this point any human that will try to sell me how he can control climate just wants me dead in some way. It's just substitute word for communism.

>>13560299
The days of subsidizing some people polluting the fucking planet and shitting into the air, land and water. Get used to it.

>>13560283

>>13560280
Okay thank you, this is similar to what my father said I should do but I thought I should still come here just because

shiny pretty looking metal going up
you would be mentally challenged not to buy

We're going down further. Just get your puts ready at open.

>>13560339
I choose nuclear weapons exchange.

>>13560199
Wew dodged a bullet there cos no one would sell at 2.44 by market close.

>>13560356
baggie swapped sentiment - time to go long

>>13560375
Kek. Baggie is the only tripfag known to have made money.

>>13560372
Eh. Apparently they had stock they hadn't shipped by the end of the quarter so that's probably what hurt them most.

Probably a good cheapie price point, but considering I've been red for a while now I'm a bit disappointed. At least their projections are better than I figured they'd be

Sprint is looking awfuly cheapie

>>13560389
>being this new

Baggie has liquidated his account numerous times
Retards like you see 300%+ gains in a dag and ride his dick, but his long term returns are very different

>>13560389
You haven't been here for very long

>>13560389
In early days of /biz/ there was some rich lawyer with worth of 10 million+.

There is no point in having a trip or name field on hoards with forced id. I guess the highlight is you can filter them all still.

I actually learn so much from /smg/ threads. Holy shit.
This + r/wallstreetbets are the best resources on the interwebs for trading.

>>13560419
>a tripfag said something mean to me, so I'm going to filter them all to shield myself from any negative opinion

you remind me of Comfy

>>13560423
That’s because you’re retarded

>>13560428
Yes you caught me I'm mad about your plug comment.

Get a life lmao

>>13560423
It's a good way to actually watch other people make trades and learning from their successes and mistakes in real time instead of just being told what you should do

>>13557067
Who is ready for another day of worldwide protfolio destruction

>>13560450
>Implying

>>13560165
Depends on the EMs, though, innit? You wouldn't just put your money on some generic EM index fund, would you?

>>13560461
>implying not

>>13560416
Found him.

>>/biz/?search_op=all&search_int=dontcare&search_ord=new&search_del=dontcare&offset=96&ghost=yes&search_res=post&task=search2&search_capcode=all&search_username=iHaz

You forgot another parenthesis Dahnald

>>13560514
> that's not going to happen
How does he know?

>>13559342
Dude... this is the most complex trade negotiation in history between two of the 21st century's most likely belligerents in world war 3...

Its not going to wrap up anytime soon... stay frosty

Poisoned my neighboor's pitbull with a sausage filled with rat poison. Watched him barfing blood and grey stuff while smoking a good monte cristo. Tough motherfucker, he didn't even die and got up on his paws, had to strangle through the fence with a phone cable
He was an aggressive cunt, aways barking at people for no reason. Not that my poofta neighboor learned the lesson, now he's got a fucking dobermann.

Hey who gives a shit, another retarded dog, another poisoned sausage. This time i'm getting the dose right

>>13560458
I'm ready for another day of 100% KBLB gains.

>>13560514
When was this tweet? I dont want another bad day. Always welcome the chance for cheapies I guess.

>>13560529
Ellipsis posters get the rope...

>>13560404
t. Never posted a screenshot

Lost THOUSANDS on LCI the other day. Stock dropped over 12% made my options worthless. I dont know why I listend to any of you i’d stangle you all if I could

>>13560541
Like 15 minutes ago.

Tariffs will come into effect on 10th.

>>13560556
Fuck. Fucking chinks.

>>13560550
There is only one bad seed in this thread. You took advice from him. I can tell you why you did it too. He spams this thread with his bags every single day trying to scam newfags.

>>13560474
You can easily inflate that number by adding outside investment manually. Not saying it’s fake but just saying how susceptible you retards here are.

>>13560556
Fuck. Does this mean AMD is gonna drop more?

>>13560572
Imagine a hole so deep not even bacteria are brave enough to venture inside

>>13560550
I made $50 off 30 shares my nigga. Get on my level.

>>13560569
Well, true I guess. It could all be fake.

He bought LCI call options
>2gigglinggirls.jpg

>>13560572
Idk but I set my stop loss at 26.40 just in case today goes bad. If it blows past that then I bet it'll get close to 26.

Get your cheapies today fren

>>13560572

>>13560583
Made 22% on mine.

>>13560598
Well I bought the dip yesterday. In the green right now by like .5%.

>>13560568
b5g is like the pleb filter for /smg/.

>>13560586
This is better. Bragging about $11MM is pretty cringe

Should I try to time the market here? I have a decent chunk of money I want to put in a targeted IRA and some mutual funds, but everybody says shit is going to tank soon. I’m not looking to closely manage the money, just put it away and let it grow for a long time.

https://www.reuters.com/article/us-zayo-group-hldgs-m-a-digitalcolony/zayo-agrees-to-14-3-billion-buyout-offer-from-investment-firms-idUSKCN1SE1HH

Congratulations, if you hold Zayo then you are probably making at least 5 dollars/share. Frankly I'm disappointed I didn't buy in when the writing was on the wall and the CEO made it obvious that this was his end game.

On a related personal note, I just started working here and I'll probably lose my job around that time. Rip

>>13560627
This is true when you put it like this.

>>13560569
Still doesn't lessen the fact that the guy's a multimillionaire.

I bought some tencent stock.

>>13560316
Why do so many tards think this? Jesus Christ go back to your mud hut if you're this incapable of thinking GLOBALLY(Hopefully that word scared them off)

>>13560670

>>13557217

How in the fuck is BYND still going up

The market's are about ready to open up and start the massive sell off. Prepare your ani.

>>13560719
Woah, really?

>>13560719
Yeah my AMD stop loss I set at 23.40 triggered right at open. Crazy.

>>13560653
Huge call volume yesterday. I saw it and didn't bite.

X opened at like a 5% drop. Poor bastards.

You guys like penny memes right? Check out FPAY.

Bulls blown the fuck out.

>>13560751
You mean 26.40? Its rising up. Looks like its stabilizing, for now.

Should I buy GameStop? GME?

AAAAAAAAA

>>13560771
Yeah I set another stop loss on something I was thinking about. I am hesitant to buy back in right now. Maybe I'll give it 30 minutes and go from there

>>13560797
Idk, I'm seeing people buying this dip. Unless we have a massive dump of shares, I'm thinking the price will continue to rise despite the trade deal falling through

>>13560812
>the euphoric dip buyers are still around

Damp eet.

>>13560812
Bullshit euphoria.

thanks Bunge *sells*

>>13560199
Why not learn to be patient and check again fucking zoomer we’re in a down market companies that push good earnings are still sliding just hodl

What's the buying power of /smg/?

Would it be possible for us to pool our resources and actually move a market instead of shilling bs and pissing matches?

>>13560375
told ya fags

>>13560885
I was patient. That's why I bought more shares lmao

>>13560888
Not much.
But yea.

The movement on KGC! What happened? Did they strike gold?

https://twitter.com/StevenTDennis/status/64005390261686274
ich lel

>>13560719
you're always wrong

WTF?!?! WHY ARE WE GREEN WE WERE SUPPOSED TO HIT CIRCUIT BREAKERS TODAY

>>13560757
Yeah, I haven't been keeping tabs on the volume either, and I really feel like I missed the boat on it. would have been an easy turn around too. Such is the business of trading stocks

>>13560942
they delayed it for after hours.. didn't you get the memo?

We did it fellow bull fags, there is literally nothing holding us back now

dude weed is way up baby waaaay up im talkin hiiigh as a kite

>>13560942
Goldman Smashed that Bid and said fuck it Golden Bull

>>13560952
Are you sure?

>>13560961
Ehhh, yeah pretty sure

>>13560885
That being said, I'm surprised it bounced right back to prices on close yesterday. I guess the market as a whole is pulling PLUG with it up, but I just stocked up at 2.45 because I think this stock is unstoppable right now if such poor earning numbers for the last quarter can't even push it down. Probably just going to start DCAing into it, I've been scalping it since the 1.80s but I think I've seen the potential it has and I'm going to start holding permanently.

>>13560974
The best kind of sure

Looking like a crabby green intraday with red autosell in the last hour day.

NOT A BULLTRAP
BUY
BUY
BUY

Trump goading dems to get impeached. Iran is up to something. China ignoring trade deals. Yes! Must be a bullish case for world economy. :)

NUUUUUUUU
ALB was one of biggest hodl

They announced dividend and then crashed :(

>>13560540
Spider bro I’m getting dabbed on...

>>13560536
Woah get a load of this tough guy

>>13560536
kys

>>13561025
I don’t hate that chart though

Looking for a buy op

Did Martin Shrekeli actually do anything wrong

>>13560536
>dobermann
They're alright though?

Has it ever occurred to anyone that Trump just may be lying about China coming closer to a deal?

>>13561083
He talked.

>>13561083
Yes, he should've not told public how pharma industry works.

>>13561096
>>13561094
> that talkmind

what buy for crab day?

>>13561099
He did the crime and he is doing 10x the time

This whole market is rigged against me.

>>13561087
they already have a deal bro. They just dont want the SPY overblasting to 400 in a day so they do these publicity stunts

aaaaaand we are back!

dab on bulls nigga

>>13561131
Or you're just dumb

>>13561143

holy fuck this market sucks

I've been right. It's crabby.

>>13561048
Ror! Hows LCI today?

>>13560199
Plug's paying it's executives $3 million altogether... For what? Average returns? Fuck outta here

new NEW!

>>13561212

>>13561212

>>13561212

>>13561212

> Pompeo warns European banks, investors, and businesses against involvement with non-dollar payment system for trade with Iran.

... well that's too bad since UK, France and Germany did create one

At the beginning of the year, the UK, France and Germany announced the opening of a new channel for non-dollar trade that would allow EU entities of doing business with Iran, bypassing the U.S. sanctions

https://www.ecfr.eu/article/commentary_trading_with_iran_special_purpose_vehicle_how_it_can_work

https://www.forbes.com/sites/annalisagirardi/2019/04/09/instex-a-new-channel-to-bypass-u-s-sanctions-and-trade-with-iran/

This is ballsy since it U.S. is telling Germany, France and UK what to do.

>>13557244
Seriously, you're better off doing the opposite of biz.

>>13561177
stuck around 7.50... seems to be some option trading going on around it...

>>13561133
You understand that they don’t, correct?

>>13557489
Dude you are so gonna die of AIDS before that from letting Mexican trannies stuff your ass hole like Satan's pinata.

>>13561236
they do bro. Its not even 4d chess, its 2d checkers, its obvious

>>13557692
Yeah, he is a shill and a bad actor. He literally tells people to long pump and dumps everytime and never posts any of his shit to prove what his positions were or if he even made money. Just angry from his positive HIV status and coked out.

Dean Foods up in flames.

Enjoy bankruptcy faggots.

Alright LCI bro, a bets a bet.