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Maids>Brokershttps://pastebin.com/F1yujtVq>Stock market Wordshttps://pastebin.com/VtnpN5iJ>Risk Managementhttps://pastebin.com/sqJUcbjp>Live Bloomberg Streamhttp://www.livenewson.com/american/bloomberg-television-business.html>Educational Siteshttps://www.investopedia.com/https://www.khanacademy.org/economics-finance-domainhttps://nhentai.net/tag/maid/>Free Chartshttp://www.tradingview.comhttps://www.finscreener.com/>Screenershttps://finviz.com/https://www.tradingview.com/screenerhttps://etfdb.com/>Pre-Market Data and Live Datahttps://www.investing.com/indices/indices-futureshttps://finance.yahoo.com/>Wife Market:https://safebooru.org/index.php?page=post&s=list&tags=maid>Bio-pharma Catalyst Calendarhttps://biopharmcatalyst.com>Boomer Investing 101https://www.bogleheads.org/wiki/Getting_started>Dividend Reinvestment (DRIP) Calculatorhttps://www.dividendchannel.com/drip-returns-calculator/>List of hedge fund holdingshttps://fintel.io/>Suggested books:https://pastebin.com/jgA5zTuC>Mischttps://squeezemetrics.com/monitorhttps://market24hclock.com/https://tradingeconomics.com>Previous thread:>>21422152
>enter /smg/>save OP pic>leaveKeep it up guys
The stock market is closed. Why are the threads being created? Don’t you guys have a life? Come back Monday morning.
If you sell covered calls, you'll be able to afford ice cream for you and a friend!
Went to the last thread wanting to ask questions about covered calls, saw you guys already had a covered call 101 class in there lol. Gonna try stuff this week and see if I get it.I have 1 question though. On TD it says you can do covered calls if you have the same amount of shares in it. Since an options contract is technically 100 shares, does that mean I need 100 shares in a company to sell 1 option contract on TD?
>>21431782No we don't.
>>21431782If i had a life I wouldn't be here
>>21431700Seriously, you guys jerk off to this shit? How do you get off to cartoons? I don't think I could do it
>>214318552D does not have the imperfections of 3D.Alas, they will never exist.
>>21431855Can he not appreciate perfect linings and artistic perfection? Go get a hambeast wife and live your life then
Haven't posted in quite a while since kicking my options habit several weeks ago. Still enjoying throwing cash into the roth while I can. Need to start collecting more ex-US etfs desu. Pic related is sorted by total position dollar value.
>>21431826No, it is maid edition. >>21431782Weekend editions are when the true genius of /smg/ is exposed. Also I have nothing else to do.
>>21431953>all this random garbagedude why
>>21432002This is a monthly cash generating machine. At some point I will cull all of the etracs into Schwab and Vanguard core funds, but I for once timed the drop and later the buy in very successfully back in March into April and May and rode the principal gains up quite nicely. My 401K is for all of the boring shit. Almost every week I see cash rolling in, quarterly divvies are just icing on the cake.
Why are 20 year US treasuries dumping so much this last 10 days?
>>21431855you have to not be gay
>>21431953I don't think you have enough positions. I would open more if I were you.
>>21432106just go 75% spy 25% tqqq drop all this trash. sorry to be rude but all of that is just stuff that's worse than spy
>>21432157If you's suggesting TQQQ then why not UPRO instead of SPY?
do we like Ben Felix here?
>>21432151>>21432157I hear you, but honestly for the last year and especially since corona I've gotten obsessed with researching funds and it's the last exciting thing left in my life through this lockdown hell. My Vanguard 401K is about as simple and boring as it gets and after about 10 years the gains are just as would be expected, this is kind of just for fun desu. Lucky that it's worked out, I know.
>>21432249I get you. My IRA and 403b are a bunch of boring shit so I browse smg for weird positions. I have some TQQQ now which I never even knew about before and NET
>>21431855Shut up faggot. You lack the refined tastes of a 2D connoisseur. Enjoy your fat, bloated, putrid, yeasty 3D piglets. >>21431908 >Alas, they will never exist.The curse of perfection. >>21432249Can't knock it if it works. If you have a strategy that works for you that's good enough.
>>21431855imagination. one point of time there were porn mags. crazy I know. You wanna know whats more crazy? a lot of models people jerk off to is photoshopped. crazy right?
What’s his plan? Why is Trump so obsessed with the stock market? I’m getting Trevor Milton vibes
>>21432125You think the US will last 20 years?
Never bet against the mouse
>>21431953>having 40 ETFs just to track the broad market
>>21432363>You wanna know whats more crazy? a lot of models people jerk off to is photoshopped. crazy right?I imagine that 90% of all pictures women post online are photoshopped or filtered in some way.
what are the financial implications of big businesses moving out of the big cities? they are shitholes and the police won't protect them.
Tandy Leather Factory delisted
goodnight fellow anons, may the stock market gainz be with you on opening monday morning.
>>21431700hey i remember this pic>>21431979but not this one, excellent!loving maid edition
been seeing more anime in /smg/ threads lately, this is maximum comfy
>>21431798Yes to sell covered calls you need 100 shares to sell one contract. With margin of course you can still sell naked calls, but that is much riskier. Simple example I have stock with an average price of $57. The stock was trading in the upper $54 range. I have 700 shares and sold 7 calls for 0.40 each. Currently the stock is around $42, so likely I will keep all $280 minus commission I made. But what if the stock went to $60? Then my shares sold for $58, but I still kept the call money. If I didn't own this stock then I would have to pay the two dollar per share difference. So a $280 call would have cost me $1400.
>>21431700FUCCKCKCKKCKCKCKCKCKCKBITS FUCKING HABBENING
So if the front page story on every financial news site has been "six new reasons the CRASH IS IMMINENT AAAAA" for weeks, does that mean it's unironically priced in?
>>21433099Thanks!!Shit, gonna have to go with poor stocks then lol.
>>21433138anon, what does "being priced in" mean? i promise to post pictures of cats doing cool things if you help me out here. here's a picture of a hedgehog as a down payment.
>>21433138It means crash is imminent.
>>21433201that a certain piece of news won't move the market because the market has already discovered a price which takes the news into account beforehand – for example, there may not be a huge pump on vaccine approval, because the market is already acting like a vaccine will be approved this yearif one isn't, AAAAAAAAAAAAA
>>21433256here is a picture of undercat.
>>21433168Yeah selling covered calls is more a game for those with money. My 700 Citi shares cost me around 40k. To make $280 max on selling the calls.
>>21432900They won't move out of big cities. What they will do is select locations that are harder to access during civil unrest. Mainly less street level storefront type arrangement.
>>21433364Why wouldn't they move out of big cities when you combine work from home with online shopping? What's the point of the city other than titty bars?
>>21433138It just means the media is keen on stoking fear at the moment. They have a number of reasons for doing so, none of which are beneficial to citizens or the health of the economy in general.
>>21433309Just for clarification (Because ive never sold options lol)IF the price per option is say $1When I sell a contractI would get $100 - fees correct? I know about how if the stock goes above the sell price im fucked and how you want the stock to stay under your sell price.Still though, "easy" $280 will be NICE when I eventually get that type of money
>>21433364pretty sure that's racist to move above/away to safety. you have to have rolex shops in the ghetto so BLM can diversify the store.
I don't trade stocks, but I clicked on this thread because of the OP image.
>>21433432what coins do you own
>>21433201this is correct. >>21433256 Thing moves on rumor of news or anticipation of likely news in absence of actual credible rumor. It's the basis for the saying of 'buy rumor sell news'. That saying just means long the run up then sell once the news is made public on the thinking that this will be the totality of the beneficial price action related to that good news.
>>21433432download robinhood, put $500 in and spend it all on a TQQQ 150 call 8/21
>>21433418>pretty sure that's racistObviously.
>>21433400I guess some brick n' mortar still makes money some way.
>>21433416Yes at $1 per contract price you would get $100 minus any commission.
>>21431855I agree, they are grotesque caricatures of females
>>21433564Thank You!!! Will stop being a newfag now thanks again.
AAPL predictions eow going into split?
>>21433573>I agree, they are grotesque caricatures of females
>>21433573We're talking about anime not trannies
>>21433496I understand that those are cheap as fuck options, but how the hell do you profit off of this?
>>21433701hope next week is a GOLDEN BULL RUN
Is buying Apple at this point just FOMO
>>21433256>if one isn't, AAAAAAAAAAAAAYes! That's another commonly made mistake among new traders. Thing pumps on rumor, rumor is confirmed in news release but it's not quite as good expected. It's still good for the company but not amazing. Thing dumps. Hard. New fren trader asks WHY THING DUMP THE NEWS WAS GOOD?? And yes, the news was good. But not equivalent to the expected. Therefore speculators beat it and you had better, too, lest you be holding that bag filled with hopes and dreams.
Thoughts on Workhorse? One of you guys (presumably) came into the bathroom at work and started talking about it and told me to invest
Is it time to just unload these heavy bags.
>>21433827did you suck his cock?
>>21433827should have been here some months ago when it was shilled at $4~
>>21432368Watch his Twitter and see if he post good news about the market pull out he is warning his billionaire buddies
>>21433842Why did you do this
>he missed out on CLSK>he missed out on WKHS>he missed out on NLS>he missed out on NKLAdon't miss out on NTNX
>>21433827It dumped on earnings despite them being fine, so there's worse times to invest. There were better times, too; but that's always the case. The basic bull thesis is that they have a truck certified both federally and in California as a road legal zero emissions vehicle. That's more than pretty much any other EV company bar Tesla can say.
>>21431979>tfw /pmg/ is now a messI will be a prodigal prodigal son and return to the motherland /smg/. This is a nice edition. I hope the weekends are quiet and more thoughtful again. How are we feeling about looming defaults and deflation bits? Did King Boomer shit the bed buying Barrick?
>>21433886I’ve had this position since 2018.
>>21433927>t. NTNX bag holder since February
>>21433927What would I be missing out on Calls/Puts? From what I see they're always operating at a loss
>>21433971eventually the market has to go downbut today is not that day
>>21434089Calls, earnings run up. At the bottom of it's short term range and long term range
>>21433761and then the newfag scream "clownworld" and refuses to learn the lesson...>>21433971It's not even 1% of the portfolio. Berkshire bought more of a Sirius subsidiary than they did Barrick. I should've dumped on the afterhours FOMO, but I expect Barrick to keep rising. Earnings were pretty solid.I'm a little concerned about Newmont or Kinross or Wheaton not being able to handle a pandemic as well as Barrick.This is RING, my main gold miner etf... maybe I should just sell it and add to my Barrick position
>>21434205>and then the newfag scream "clownworld" and refuses to learn the lesson...Yes.
>>21434141I mean, it's Saturday, so if course not. I'm really unsure of what the equities markets are doing at all. I think it's generally overbought, but others are pointing to potential deflationary pressure and inflationary expectations. LQD did shit this week. Lots of motion.
Is there a website wear I can read about all the different companies. Like one that has stock analysis shit but also I can read about the company itself and their key people and shit, other than Wikipedia
So if I buy through a broker, I actually own the share, right? Also, how do bonds in countries work, are Israeli bonds actually profitable? What is the best broker for a Canadian?
>>21434197So you're saying that despite past history with this stock decreasing in value because of negative earnings you think it will increase in value with negative earnings
>>21434253well the real yield on treasuries is negative out to 30 yearsso something is fucky but it's been like that since the crash
>>21434277>So if I buy through a broker, I actually own the share, right?Yes and you can transfer that share between different brokers if you want. It's a hassle but you can. >What is the best broker for a Canadian?Overall I think it's Questrade. Which isn't saying a lot. Leafs have shitty choices for brokers. IB is cheaper on fees. Wealthsimple is pseudo no-fee but read the fine print as they ARE taking a cut from you in another way. I don't know the answer to your question about international bonds.
>>21434263Do you mean like yahoo finance?
>>21433934Thanks for the info, I never looked into trading before but I might take a chance with this one. Just need to look into how and what accounts to set up.
>>21434205>It's not even 1% of the portfolio.Usually positions are pretty small. I'm still shocked he has anything gold related. I'm expecting the deflationary pressure to be due to the tenants and mortgage defaults. Very glad I changed up my 401 today to mostly cash again.
>>21434361The 08 one, right? Maybe VZ will be a good proxy for the bond market.
Is Clorox the safest stock right now in case of another corona crash?
>>21434380Thanks anon. The international bonds thing was just something I'm curious about.I'm just a zoomer with some loose change.
>>21431700bro these maid pics have me fully torqued>>21432956is it a good thing or a bad thing
>missed out on bitcoin>missed out on tesla>missed out on chainlinki knew about all those things when they very tiny but didnt invest. i want zo kms so badly bros
>>21433460ETH/LINK/ADA/XLM/REQ; basically coins from 2017.>>21433496What about 50 dollars?
>>21434669I just had a dream that bitcoin pumped over 20kdon't worry about that, just get a job and buy great stocksit feels so goodyou'll never want to kys yourself againalso GSL is on in an hour ~
>>21431700Give me one reason to choose NVDA over AAPL
>>21434496Maybe oil will do something soon so I can have an excuse to shop more clownpi pics :o>>21432956wtfffffff the summer sale!
>>21434545In the US bonds are loosely separated into municipal (state and local), treasury-backed (federal), and corporate. The original holders can sell them on the secondary markets to other entities similar to stocks. Although the bond market tends to be (a) much larger allotments than stocks and (b) less fluid on a day-to-day basis. Bonds are typically valued in deflationary environments because of their fixed returns (annual and to maturity). They return less than stocks but that is because the downside risk is much smaller. As long as the entity who owns the bond can pay its debts, a low bar, you cannot lose money on the investment (if you are adjust for inflation you might if the returns are too low). Corporate bonds that default usually mean the stock has imploded too. In most bankruptcy proceedings, bondholders are compensated first (cents on the dollar) before equity (stock) holders.The main practical advantages between the three categories is return/risk and tax treatment. Corporate bonds have highest returns but most businesses over time eventually go bankrupt. Municipal bonds have slightly less with slightly less risk of default if picked carefully but the main advantage is that the capital returns are frequently exempted from local and state taxes, especially if you live there. Federal bonds are the same for the federal level and have the lowest risk of all but the lowest returns. International bonds will likely not have these tax privileges for where you live. ETFs sourced from one of your country's stock exchanges might be a good way to get this kind of exposure and not get hit with multiple taxes (foreign and local). Uncertainty is very high and fears of deflation have made the premiums on good bonds absurd and junk bonds basically price controlled by central banks. This is mainly because bonds protect the nominal value of your wealth (a preoccupation of wealthy conservative investors).
>>21434669Terrible mindset. Who cares about meme stocks that pump 500% in a short period of time. The same people who gamble on shit like that are the ones who will end up getting greedy and losing everything. It’s all about that 10% annual compound interest. Also I bought Tesla at $350 and sold at $1620
can GOOG crash next week?thanks
>>21431855You have no taste.
I just moved to UK, can i spread bet the same way as if I would be investing in stocks? Like put all my mother on IG.com & open positions without margin (or with a very low margin). and than hodl for long?
>>21434938>I just moved to UKohnonononononon hahahahahaaahahaha
>>21434938>just moved to UKngmi
>>21434882what does the clown have to do with oil>>21434909it can but it probably will do the opposite of crashing
>>21434938>UKyou're fucked mate. Have you not been listening to what's been happening to them recently?>MarginNew country and you're already borrowing money. Really dude?
>>21435018She causes mischief with it! In reality nothing, I was just playing LoLK during the oil crash. Call that a "self-meme", a meme just in my brain
>tfw sold airlines at the bottom and bought gold at the topit was with my retirement money also. hold me /biz/. at least my apple shares are doing well.
>>21435126hmmm yes I see nowbefore I was confused but now it all makes sense
>>21434938just buy stocks through your bank you fucking mongoloid
I got fucked today, biz... and not in a good way...
>>21434938>I just moved to UkWhy, retard?
>>21431741every single time
Why aren’t you guys day trading?
What stock/ETF can I long term hold so I don't just have cash sitting in my bank acc
>>21435647ATT or Coca Coola
>>21435612>the swag academy Guarantee you this faggot sells courses on surface level trading knowledge
>>21435647WKHS TSLA SPCE KODK
Thought today was Thursday lads. Totally fucked up everything. Had to take my mom to emercengy early in am abd I guess I just kept think it was Thursday and no one told me.
>>21435772Welcome to Saturday morning. Hope your mom's okay.
>>21435772Should left your mom on the floor and traded crypto like a true jamal jackson
>>21435206FULL STOP COMMUNICATION CALAMITY
>Buffet bought ~600M in Barrick sharesthe leadership change in BRK will be a interesting watch, those new guys are pro accountants btw
>>21435205>gold topzoom out the chart, this is maybe this months top, 2500 by eoy
>>21435958If you get rich enough do your name also show up on the news if you invest a large amount of $?
>>21435612>a millionaire day trader!!! watch does he does it!!!>scalps a thousand grand with $10k orders, pure luck>montage of the lucky shit trades>makes up some garbage that's more retarded than even TA>sells you some shitty course>(no evidence of having a million in account anywhere because only a literal retard would daytrade with this amount of money)
>>214356472x leveraged lean hogs futures ETF
>>21433971ironically there's very little in /pmg/ about Buffett and the impact on miners in general.
>>21435817Thanks man she was good, but apparently TONES of people with covid inside. Wouldn’t even let me in the hospital. Crazy times these days
Anybody jump on this gravy train?Easiest money I'll ever make.
>>21435994Idk, but barrick shot up 10% in after mkt, because of that.
>>21436081Was that an ipo?
>>21433971>>21436037NOOOOOOOOOOOSELL ALL MINERSSENILE OLD FAGGOT STOCKS CONFIRMED
>>21436008>scalps with 10k ordersthese are the worst, its so fucking easy to scalp say 300 bucks on a 100k bet and there are so many so called 'traders' on yt that present themselves as pros by doing this. Well on the otherhand there are prop firms that literally do this all day and make half a milly by end of the day, but still kinda pathetic.
>>21436037>pmgbecause they dont follow the stock market (except when it crashes), because those boomers think its a sham kek
>>21433971>>21436131>buys the airlines top>now buys gold top
>>21436141you're forgetting the 90% of the bad trades they've made and lost that they didn't put in the video
>>21436120Yep. Company working on COVID vaccine that was backed by Microsoft.
>>21436141>>21436164One trick when selling courses is having two accounts and going long on one and short on another and then showing the successful trade in your advertising.
>>21436164yep, not to mention the source of the initial capital, im guessing 90% are trust fund babies
So where is this going? I'm tempted to short silver.
>>21436200KEK, one of the famous ones got caught trading in a demo account by mistake btw
>>2143624221.50-22.50, but be careful it can go up 10-20% overnight just because of some black swan, a lot of people have blown up by shorting these volatile/geopolitical type of assets
>>21436141I especially dislike that one guy who keeps shilling his drop shipping course
>>21436169Of course it was, never heard anything here lol. It’s mostly people say never touch an ipo cause it dumps but idk
>>21436284also a lot of people have a longterm tgt of $35-40, just so you know that when it will start moving, people wont take profits that fast
>>21436242I’m shorting then as well
>>21436311well it depends, if the corp has fundamental or meme potential then it will drop a bit and then take off, just because the underwriters want to accumulate more of it aka DKNG
Fingers crossed for Monday. Had a trash day today
>>21434859Nvidia Ampere will be launching soon>t. Zoomer who's waiting for new GPU to crypto mining
>>21436352yup, 21.50-22.50 area, there's no certainty that it will hit the line tho
>>21433364they absolutely will leave big cities. because white flight has already started and those places are going to implode detroit style. why would businesses remain in a location where nobody has money to shop and people who do have money will avoid the area like the plague?
>>21436382To be fair I'm probably in the camp of slv pushing to the mid 30s so I think once the correction is over it'll be a decent time to buy in
>>21435018>21435018I tried to wipe her titty mole off
>>21436424I was in that camp and made my first call option, such a great feeling. SLV totally pulled through. Then I got paper hands and took profit, now I’m hoping it slides down next week
>>21433971>KraftHeinz>Occidental>Wells Fargo>Buying the airlines top, selling the bottom>Buying the gold top>Sitting on 140 bn in CASH through the best buying opportunity since 2008Boomer Buffet is DONE
>>21436424>To be fair I'm probably in the camp of slv pushing to the mid 30sIs there a reason for this?
>>21436384You're right they will leave if the money is leaving.
>>21436494He wasn’t even the one who decided to buy Apple, apparently it was one of his executives who did that one
>>21436521Economic uncertainty drives precious metal investment
>>21436494he makes mistakes a lot, but now the new guys are taking over, remember the he also bought loads of AAPL
>>21436494also he mostly doesnt buy shares on the open mkt, his prices are way different than ours
>>21436521suppliers tightening up the supply, demand is up, if economy picks up it will rise even further. Fear of inflation/fiat collapse will linger for a long time, When there are diminishing returns in many asset classes, 10% of folio in pms is becoming the standard.
>>21436521The long version? The fact that the world economy is a rotten log utterly reliant on debt for one, and things like the historic gold:silver ratio being very out of whack. I know there's a lot of stonks traders here but a market held together by zero interest rate bonds with a big potential for inflation is an fundamentally un-sound market to me. All of which is bullish for PMsThe short version is >>21436545
Did some light research and backtesting and by far the best returns seems to be to just buy land and become a landlord. Rent means that you can always run ahead of inflation and have large margins. Riskier but even more rewarding is becoming a vacation rental landlord since the lack of permanent tenants means you can charge nearly hotel rates on a day to day basis. Covid was a definite black swan but boomers had the right idea.TO truly make it you need to become a landjew and contribute nothing of value to society except rent seeking.
is buying us steel retarded?
>>21436794>Did some light research and backtestinglmao>the best returns seems to be to just buy land and become a landlordonly works if you get in when the market is right and not in a massive bubble, which excludes a lot of property markets around the world. Land itself isn't a bad idea so long as you live somewhere with no LVT
>>21436794What helps real estate is the gigantic leverage, leading to high return on the equity you put inAnd if home prices fall all the boomers FREAK OUT, causing massive stimulus by the government - making any pain short lived
>>21436939Not as hedge against china conflict
>>21437075>massive bubbleMost of the US is far from any bubble. Population is rising. Interest rates are falling.Look at Europe, 80% of people are forced to live in literal sheds. Coming to US very soon. Buy before it's too late
For this reason, Disney has done everything in its power to make sure it retains the copyright on Mickey -- even if that means changing federal statutes. Every time Mickey’s copyright is about to expire, Disney spends millions lobbying Congress for extensions, and trading campaign contributions for legislative support. With crushing legal force, they’ve squelched anyone who attempts to disagree with them.https://priceonomics.com/how-mickey-mouse-evades-the-public-domain/#:~:text=Mickey%20Mouse%20was%20brought%20into,the%20corporation)%20grew%20increasingly%20anxious.
>>21437179>Interest rates are fallingare you an idiot?
Buffetts buying gold miners whilst your still fucking around with electric vehicles ngmi
why can't the markets be 24/7 like crypto?
>>21437208Don’t bet against the mouse
>>21437550so that the inside traders have time to plan
>>21437581I wonder where are the idiots on this board that tried to short Disney on earnings
NET niggers what it do?thinking about copping that bitch after that nice pullback. Also i think it can rebound at 38. Buy?
>>21437389fuck off warrengo sell some more airlines at the bottom or something>MUH BUFFET INDICATOR
Always inverse Buffet for massive gains.
>>21437856zoom out the chart, look at its historic trajectory, and ask yourself if there's any reason for that upward momentum to stop given the new projects it had over it's horizons. People are just too impatient with NET despite how stable it is and the fact that they're already a large player on the modern internet.
>you have to bet exactly like or the inverse of BuffettThe absolute state of /smg/
>>21437389It's only 0.5% of his folio. Who knows if it was even him who bought this. The possibility exists considering his BAC add and GS/JPM cut.
>>21437911weeeeell i always zoom out, but they increased revenue by 50% so if they keep doing that...however they are still posting net losses so yeah. IDK i just want a nice growth stock but i missed the FAGMAN bullrun.which larger player?
>>21437942Welcome to 4channel
>>21437389Most of the posters are here not because they like trading but they just want to be apart of something, buying pnds and meme lols are a great way to solidify themselves into the community
Why would the boomer drop WFC now? Isn't it like actually turning around with what Charlie Scharf is doing? I get it that he might think that BAC is best in terms of price/quality and JPM might be a little bit overpriced, but why sell WFC now?
>>21437942Someone needs to make a Buffet algo that tracks how much are you following/inverting Buffet's plays.
>>21438025never buy financialsproblem solved
>>21438025he's selling all banks except BAC, banks are starting to look like dead money, don't know what's the reason behind that BAC hold tho
>>21438025>turning aroundthe bank is too big, look what they did just to pump a bit their revenue, it is fighting just to keep their share not gain more of it
>>21431700Should I keep trading options or dump my money into an index fund?
3 more episodes till I'm finished with KaijiThey really milking out this pachinko
I have a tax question regarding wash sales. Say I buy and sell for a $300 profit. Then buy back but panic sell at a $300 loss, only to buy and sell for $300 profit again. Do I get taxed on the $300 I made overall, or is the loss ignored and I get taxed for the 2 gains at $600?I read that wash sale losses get added to the cost basis and am hoping that means I only get taxed for the $300, but want to be sure.
>>21437967If you looked at literally any FAGMAN in its first few years you'd have the same conclusion. Remember they I vesting is different from day trading. If you're investing in so etching you're most likely not expecting a worthwhile return for a few years while your money is parked. Nobody is ok g to be able to tell you what the next FAGMAN is, but you're not going to find it by being too scared to dip your toes into companies that have untapped potential. If you don't like Cloudflare there are other companies you can look for, but if you don't decide on any of them you'll just look back 5 years later and go "man, I wanna invest in the next FAGMANLETTE but dunno what to pick."
>tfw can't buy shares in eBussyThis will do well on the market. I'd buy an eBussy if I didn't need the money for uni.
>>21438475true, i sort of missread your first post. thanks!
>Deutsche Bank>price to book : 0.3It's over, isn't it?
>>21438672Ich hoffe doch
So, if there's a second wave of 'rona, I should buy many shares, right?
>>21436169>>21436081>Super obvious moon IPO>NOBODY on /smg/ says ANYTHING about itlmao figures
>>21438741>another liquidity crunchTech moons>recovery beginsTech moons>it was a fake rallyTech moons>normal operationTech moonsDo you see a pattern?
>SMRT actually mooned after filing for bankruptcy with no hope of recoveryFucking clown market
>time in the market beats timing the market>price doesn’t matter if you’re going long termWhy do delusional people say this?
>>21438892>stonckies only go uppies>somehow not a baseless assumption>HURRR I'm not do gambling with money.s Some people are simply retarded.
get CODX cheapies boys
>>21431789$GAXY will moon
Is PayPal a good stock?
>>21439072Yea unless you bought at top of dot com bubble and needed 16 years to break even minus inflation
net will reach 40 dollars by this friday right haha
>>21439915I have it so probably not
Good stocks for long term holds?
I can’t believe portnoy is pumping my link bags and Buffett is buying gold the normies are giving up and hopping on the meme train
New to investing. CanadianThrowing 1k a month into my TFSA for long term holding (longer than 3-5 years)I was looking at putting it all into tsx:xicNot interested in day trading. Just looking for a good mix of growth and dividends.What is /SMG/'s thoughts?
>>21437942>incapable of getting butthurt is it possible to learn this power?....
>>21440433FAGMAN stonks But they’re pretty expensive right now so I’d look for other sectors until FAGMAN calms down or has a correction. I’m bullish on Disney visa and Pepsi
>>21440752HFU, HXUIf you want a good entry point, buy when they touch the mid bollinger band (on the candle stick daily graph) if you're bullish or wait for them to touch the lower bollinger band if you think it's going to crab.
>>21433400even retailers that have leaned more heavily on their e commerce side (like Aritzia) still can't make a profit with e commerce alone. And they will always need brick and mortar stores as a showroom for their online offerings.commercial real estate in big cities are definitely profitable and in demand. GAP tried to weasel out of paying rents through lockdown, but they ended up paying their rents anyways when they were threatened immediately with eviction in Canada.however, I imagine in the US that big businesses have a ton of other big cities to pick other than Chicago so they're fucked. Meanwhile in Canada, there's only like a handful of choices, like Toronto alone is already a big portion of Canada's GDP, hence why the real estate bubble doesn't fucking pop in Canada.
>>21440752>>21440937And here's a picture of bollinger bands.
>>21440787That’s a quality cat.
>>21440359>suicidal cat posting
>>21440752TSX is *SHIT*.do norbert's gambit and trade in the US market instead.you're going to miss out entirely on tech exposure (unless you count shopify) if you only trade in the TSXif you just want dividends, then i guess look into REI.UN? BPY and HR.UN are similar but they cut dividends during lockdown already. Meanwhile REI.UN is still paying dividends (didn't cut through 08-09 either) and real payout ratio (ignoring accounting bullshit with unused real estate valuations) is still around ~80%. Rent collection in Q2 was pretty high, 86.8%, though of course there were abatements/deferrals whatever.interpret the real estate valuations as you will. The real estate bubble around Toronto is only bubbling even more and still doesn't look like it will pop anytime soon. A shit ton of people buying more houses, and obviously these people aren't buying houses with CERB money so clearly the unemployment crisis has not affected the people who can/want to buy houses in the first place.
>>21431789OTC penny trash that up 200% fucking avoid like the plague
>>21436072More like they were recording a choreographed tiktok video and didn't want you wandering around because they were on take 14
>>21441098>>you're going to miss out entirely on tech exposure (unless you count shopify) if you only trade in the TSXHe could buy HQU or an ETF hedged to CAD like TEC if he wants tech and it's not wise to buy USD assets with CAD when CAD is low and USD is historically high.
>>21441098Couldn't I do both?Since my budget for my investing money is around 1k a month I could do alternating months.One month into xic the other month into sp500 or some other U.S etf?
What is the chainlink of stocks?
>>21441142>and it's not wise to buy USD assets with CAD when CAD is low and USD is historically high.CAD is back to pre-corona levels.and as for the exchange rate fee, that's why you do something like Norbert's gambit to avoid it entirely, some brokers will even let you do it completely online yourself.though with batches of $1K, the commissions would probably be more significant than the exchange rate fees. Definitely saves you a lot of money past $2k and so on.
>>21441214apple>everyone says it's useless overpriced garbage>keeps going up forever anyway
>>21441142I just looked up the tax:tecThat looks like a great growth etf. I am probably going to go half and half on it and the xic.Thanks guys :)Any other ETF's that are Canadian TFSA friendly that you would recommend?
>>21441193as long as you're willing to actually trade in the US market, for a min you sounded like my friend who is completely hesitant on entering the US market because they don't know how to trade in US dollars even though i try to fucking spoon feed them.they completely miss out on the tech rally in July as a result.
>>21441142*actually it doesn't look like TEC is hedged to CAD. XQQ and ZQQ is.>>21441261>CAD is back to pre-corona levels.Then he could buy the non-hedged version.
>>21438025He loves selling the bottomAlso, the CEO has proven nothing but crashing the share price. CNBC shilling for him doesn't change that fact.
>>21441124What the fuck is this company?
>>21441289There is also HAC which goes up along straight line. HAC switches between a bunch of assets depending on the season, anything from gold, treasuries to tech.Look at ETF fees and fine print and so on.
>>21440856Yes. Some people call it zen other people call it chad cerebration. Anyway, it's fucking great.
>>21436008eh I do this with TQQQ and FNGU when they dip and dont give a fuck because the worst that can happen is being stuck with TQQQ or FNGU until it goes back up.
>>21436376I have APHA too, I fucked up though and bought it a couple days after it dumped from the low 6s and got in at 4.85$ expecting a reversal, I went in big and bought 2000 shares 25% of my folio.
>>21438414depends. there is this 30 day rule thing, you can search "30 day stock loss". but basically if you had a stock and sell then buy again in 30 days you can't write off the loss. so less than 30 days would be $600 profit tax 31+days $300 profit tax
>>21441289Just for reference, here's the relative performance of ZQQ, TEC, HQU and HXU, since the bottom (March 23rd).
>>21441379Looks legit. Sell your house and your car and go all in
>>21441299But like I said they didn't have to trade in US dollars to get gains from the rally. Look at the chart:>>21441832They could have bought HQU. Even TSX 60 HXU outperformed non-leveraged ZQQ (NASDAQ) and TEC.
>>21441897>They could have bought HQU. Even TSX 60 HXU outperformed non-leveraged ZQQ (NASDAQ) and TEC.HQU looks pretty nice, didn't know we had an ETF like that. I might liquidate my RioCan stock and move it to that eventually if Canadian REITs go back to crab mode.HXU is meh though, might as well buy Shopify directly instead of getting exposed to the rest of the shitty TSE market.
Should I go with BMO Investoronline or Questrade? I bank with BMO.
>>21442457isn't BMO's comissions relatively cheap anyways unless you want to trade small amounts a lot of times? If i'm not mistaken, you can probably do *some* options and hassle-free norbert's gambit (buy Canada stock, sell on US) online yourself so no need to call your broker? I'm with scotiabank and i was planning to eventually open a trading account with BMO (or TD) for those 2 reasons.ALso, I'd go with BMO purely so you can transfer your funds instantly.
>>21438745It was shilled here for two days straight you insufferable faggot. Dont be a cunt just because you didnt see it or didnt listen
>>21442457>>21442570i should mention i meant *some* options obviously in the context of a TFSA. ScotiaBank doesn't let me do anything with options with a TFSA.
Guys, should I bet against Donald Trump (10000% ROI potential)?
MARKET IS OPEN MARKET IS OPEN MARKET IS OPEN MARKET IS OPEN MARKET IS OPEN MARKET IS OPEN
>>21442593I was here all week, I didn't notice it. Just so you know, if one person says something retarded like "MISSED TSLA? MISSED NVAX???? CVAC IS YOUR LAST CHANGE!!!!!" that may be shilling but only an absolute retard would pay any attention to it, so fuck you and fuck your mother if she hasn't killed herself out of shame from giving birth to you yet.
Do we love dividend funds now?
>>21442983my friendship ended with dividends when I realized how much money I could make selling options
I just got started with coinbase, I don't really know much about stocks or cryptocurrencies i just want some gibs. Any semi-safe investment i can do? make a little bit of profit? im a neet with about 1000$
>>21443090All right fine. Since I'm retarded should I just go on youtube and look up "covered calls" or something since everyone keeps talkign about that?
>>21440752That ETF has a lot of exposure to financials so it might not be a good idea even over 5+ years. We may be in a low interest rate environment for the foreseeable future (likely even negative) and that is not good for banks. Look at a historical chart of EU financials, japan. They have not done well off of the low interest rate era. See the Euro Stoxx bank index in particular, they haven't even returned to half of 2008 levels.
I've agreed to fuck this girl no condom, and bust a nut in her on monday. Is 3 days and 16 hours of nofap enough to build a big load?
>>21442980i literally informed /smg/ it was going live on friday, another anon on the day of the IPO explained why it was a good investment, you just didn't pay attention
>>21443168It's a very simple concept so a youtube search should be fineThe main advantage in selling options is that YOU control the casino. There's an endless supply of retards praying for moonshots glad to buy your calls and puts that have a 99% chance of expiring worthless. You're fighting retards instead of banks. It's a much easier fight to win.
>>21435612>wears a mask while tradingkek these are parodies of people
>>21443202I was a bit worried about that as well. But it does give a 3.5ish% dividend and has a historic yearly growth of 5-6 percent.When you include the dividend into the yearly growth that's almost 10 percent year after year since its inception.Isn't that decent?
Do any of you all worry about your friends and family not investing their money? So many people I care about aren't investing their meager savings and just put 2-5% of their pay into retirement. "BUT I DON'T WANT TO LOSE ALL OF MY MONEY, THERE'S PROBABLY A CRASH SOON LOL IDK" I try to convince them they need X amount of money by the time they retire and they just hand wave it. I tell them if they have a 401K they are already invested. I tell them they are constantly losing money to inflation. I tell them pensions/social security will mean shit when you're older and my entire generation is just renting houses and not even saving towards their own house, and they have no idea what they'll do when they are too old to keep working and paying rent until they die.
>>21443168>>21443090-_-;theres always guys who come into /smg/ touting covered calls then after 6ish months they lose all they moneyits happened like 10 times, the last one was trip fag dont lose all money
GOOD LORDCHAINLINK KNOCKING ON $20
>>21443409Yes, I worry. They make no effort. I think they expect I'll pay for them.I haven't spent my life making all the sacrifices I have though... just to hand everything over to others in the end...
Who bought SHLL before it mooned
>>21431855thats what autistic perverts do
>>21443440I'm okay with slow and steady. I like dividends. But some people were touting covered calls as perfectly safe "if you do it correctly, it's basically impossible to lose money"I'm not smart or ballsy enough to take risks, so is it worth it for me to look into covered calls?
>>21431855have you seen real humans and their habits?
>>21433764Sounds legit lemme bump up my margin.
>>21443685If anyone says something is “impossible to lose money” they are absolutely full of shit. Covered calls are relatively safe if you do them right but the safer you play them the more you’re lowering your upside. At that point it’s barely worth it.
>>21443409To be fair its only been because of Bernanke money printing that the average person literally gets left behind not throwing their cash into speculative investments.
>>21443295>fighting retards instead of banksWhat if you are also retarded?
>>21443794literally kill yourself
>>21444443holy shit off by one wtf lol >>>21444444
>>21443143You're probably priced out of Link at this point.Orchid, Algorand (gonna drop a bit early next month), maybe stick $50 in XRP in case they moon unexpectedly.Sign up for the "free crypto" courses.
>>21431787>$2000 investment gets you 1 free ice cream cone each week for the rest of your lifeNot sure I'm going to make it.
>>21443205Take lecithin and pygeum. Also, eat some celery.
>>21442980>”nobody shilled it!”>well actually someone shilled it for two straight says every thread along with other IPOs and various people discussed it leading up to listing>”i didnt notice it”>”and anyways i bet it was retarded shilling and its not my fault i didnt take it seriously and didnt do my own research”jesus christ dude, i missed it too but im not this butthurt. you are such a fucking faggot. get out of this general