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13418504 No.13418504 [Reply] [Original]

Sauce Edition

Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
https://pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Real-time market news:
https://thefly.com/index.php

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Free in depth technical analysis charts:
http://www.tradingview.com

Premarket Data:
https://www.investing.com/indices/indices-futures

Earnings Report Calendars:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol2.0%40gmail.com
https://biz.yahoo.com/research/earncal/today.html
https://www.earningswhispers.com/calendar

Pump and Dump Advertising:
https://stocktwits.com

Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

Options Markets 101:
https://cdn.ymaws.com/afajof.site-ym.com/resource/resmgr/files/Historical_Texts/cox-rubinstein-ocr-1985.pdf

Suggested books:
https://pastebin.com/jgA5zTuC

List of hedge fund holdings:
https://fintel.io/

previous : >>13414352

>> No.13418532
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13418532

Gigabull

>> No.13418540
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13418540

Should have been GALT edition.

>> No.13418557

im young, have no debt, and have 10k in savings. is the stock market for me? i played around in robinhood before but that was just a few hundred bucks. id say im risk averse but if the expected return is high enough then alright

>> No.13418577

I'm going to be unable to access my funds for at least a couple of months. What should I put money into that will keep for say three, maybe four months?

>> No.13418584

>>13418557
If you put in VOO and hold for 40 years it will be over 300k

>> No.13418619

If I wanted to invest in Indexes, where do I start? I want something to just leave my savings in

>> No.13418640

>>13418557
Open a Roth IRA at Vanguard and start buying some good ETFs (VTI, VOO, VXUS, etc.)

Presumably if you're young you might have some unexpected expenses on the horizon, and you wanna make sure you stay the hell out of debt, so it's good to have some liquid savings. Anywhere from 3-6 months of expenses is a good base and then add more depending on any big purchases you have coming up in the future.

>> No.13418646

>>13418619
If you're American, VOO. Vanguard are the best indexers (smallest tracking error, lowest fees, most reliable company), SP500 outperformed all other US indexes, including the entire market (by about 2x). Make sure you set dividend reinvesting.

>> No.13418649

>>13418619
See my post above.

Roth IRA with Vanguard is the best choice. Max that out before considering anything else.

>> No.13418724

I'm in LCI with a somewhat close stop loss.

Over 70% shares being shorted. Massive institutional ownership.

One good press release and this could pop fucking hard.

Up to management at this point when this flies.

>> No.13418751

>>13418646
>sp500 outperforms the entire market by double

lmao why are you saying lies

>> No.13418753
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13418753

>mfw I made .08 off my dividends today
w...what do I do with it? this is the first time my money has ever worked for me

>> No.13418841

>>13418753
in 4 years you can purchase something from the vending machine

>> No.13418852
File: 47 KB, 733x1013, awoo.png [View same] [iqdb] [saucenao] [google]
13418852

updog

>> No.13418877

So disney is going to own bitcoin now?

>> No.13418881

>>13418877
https://bitcoinist.com/disney-stake-bitstamp-korbit-bitcoin-exchanges/

>> No.13418886

>>13418724
It's been this way for a while. It's better to just buy in and hold imo. Shorts keep increasing and a rising broader market puts even more pressure on them. I hold with no stop loss.

>> No.13418919
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13418919

>>13418852
what's updog?

btw I'm 0.05% better than you according to advanced statistical analysis

>> No.13418931

>>13418919
our portfolios! awooooooo

>> No.13418941

YVR delicious

>> No.13418948

>>13418919
Nothin' much, you?

>> No.13418954

>>13418881
>https://bitcoinist.com/disney-stake-bitstamp-korbit-bitcoin-exchanges/
Origingal article says its a game company, not seeing anything about crypto?

http://www.koreaherald.com/view.php?ud=20190417000561

>korea hears about this news long before US

>> No.13418966

>>13418841
yay!

>> No.13418972

>>13418966
He's forgotten inflation.

>> No.13418993
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13418993

>>13418972
oh no!

>> No.13419002

>didn't buy abbv
Another drug approval, I swear we're going to regret not picking up discount pharma stonks

>> No.13419035

>>13419002
>>13419002
I bought ! only a little. This morning at 78.10

>> No.13419045
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13419045

Buy and Hold. Reinvest the Fat Div. 20 years later Turn off Drip and Pocket the Fat Payout.

Tax Refund time is Prime buying window. Nice big pile of cash all there for the investing. Buy more of Him each year and watch your Payout grow like mad.

>> No.13419065

>>13419045
earnings soon
are you ready
for the earnings

>> No.13419112

>>13418540
People here are too buttmad about me to recognize GALT for what it is
Sad
Maybe they should try not letting their emotions get in their way so much

>> No.13419131

>>13419002
I got 100 shares about a month back

Picked it mostly for the low price point and dividend

>> No.13419163

>>13419131
>>13419035
Smart pilled
I’m too stupid to recognize a bottom. I think I’ve been too distracted by my biomeme bags and Disney gains to recognize some opportunities.

>>13419112
Not even mad, not really gonna short GALT. You’ve been having way too much fun lately trolling, dodging good questions, and being autistically literal. I sometimes consider getting tested for autism/spectrum. If you’re not doing this for fun, then you probably should get that checked out and maybe learn to compensate for it a bit.

>> No.13419184

>>13419163
It's been confirmed he has a social disability, so it's not really his fault

>> No.13419205

>>13419163
Ive been eyeing more undervalued healthcare / pharma stocks myself. The whole sector is really low because people think the govt gonna crack down on pricing. VGHAX is near a 52 w low.. i am tempted to buy in

>> No.13419207

>>13419112
You should blame yourself for not being better steward of GALT then
When shilling stock think of yourself as marketing director who in charge of good public relations, not some victim of your own personality

>> No.13419233

Is Robinhood worth it if I already have a Vanguard account to trade?

I'm a poorfag so at most I'm only likely to trade once a month.

>> No.13419257

>>13419184
Oh. Well that’s unfortunate. Glad we weirdos have a home in this Slovakian gravediggers support group. Honestly I’m impressed you remembered that about him. I still get confused between gomfy and gommie.

I still think he’s fucking with me. It’s pretty obvious between Merck and Galt, which one is a biotech meme and which one is Big Pharma.

>>13419205
Smart! What’s the story with that one? I should be treasure hunting too.

>>13419207
Also true. There are some “bears” and trolls on stocktwits that seem designed to him up bullish sentiment but pens doesn’t do that right.

>> No.13419271

>>13419207
Nonsense. Most of the stuff he's posted around GALT was informative in nature. Links to what it is and updates on what is going on with it.

Don't shoot the messenger.

>> No.13419321

>>13419257
VGHAX is a healthcare sector mutual fund run by vanguard, so if youre looking for some exposure to Abbvie (among other pharma stocks) you can just go that route. Alternately can stick with individual stocks if you prefer that.

Yahoo lists the top holdings for all ETFs and mutual funds if its tough to visualize:
https://finance.yahoo.com/quote/VGHAX/holdings?p=VGHAX

>> No.13419323

>>13419257
Yeah Merck is on the DOW and the other is a smg biotech meme
really makes you think

>> No.13419349

>>13419257
""""""""biotech memes"""""""""" are how big pharma companies add to their pipelines

>>13419207
is that you rkg
if so hello

>> No.13419412

>>13419233
Yes. Do you really want to pay $25 per trade? That's $300 a year if you're actually trading once per month. Vanguard is for buying and holding their ETFs/mutual funds (no commissions there)

>> No.13419421
File: 698 KB, 1000x1000, AA40E387-54BD-427A-99EE-05A27E3E6D91.jpg [View same] [iqdb] [saucenao] [google]
13419421

>write a big long post to gom’s model
>thread archived
>cut paste
>magically erased, won’t paste
God damn it I know someone knows this feel

>>13419349
Extra punctuation does not make you correct, friend. I know how those of us who grow up different can feel the need to get defensive, and become entrenched in our position. I’m not your enemy.

>>13419323
>2019 years into the common era
>using irony unironically

>>13419321
Brilliant, Thank you. I’ll check it out, but schwab also has an excellent ETF selector, and I think I prefer ETFs to mutual funds. Want one with fat divvies, AbbVie really might be he perfect pick, might do a little of both. If AbbVie makes some acquisitions they could take off.

>> No.13419426

>>13419412
Vanguard is 7 dollars till you get to 25 trades and then 25 bucks.

Its always 7 bucks if you have over 50k I think.

>> No.13419450

>>13419233
Yes, open a Robinhood account immediately. Every single brokerage except Robinhood is obsolete. There is literally no reason to pay more than $0 for trades now that Robinhood exists. I'm surprised people even sign up for anything else. I'm assuming it's because most people are lazy, ignorant, or stupid. Some people try to justify by saying something stupid like: "it's only 5 dollars who cares." Okay, then send me $5 you dummy. Total value of trades over a lifetime is insane and Robinhood allows you to keep it and compound it.

>> No.13419465

what are we buying tomorrow boys?

I think SIRI is going to be a good buy

>> No.13419470

>>13419450
i own VTSAX in my IRA, free to buy through Vanguard, then Robinhood is my taxable account I buy into twice a month

maybe when im older ro have 6 figures in robinhood i might move it over to vanguard for peace of mind, but mathematically it makes no sense to ever pay commissions anymore indeed

>> No.13419481

How to earn an income on your stocks invariant to its price: An easy mathematical framework any brainlet can use, pt 1.

First up is terminology, we gotta start off speaking the same language here. Your portfolio is represented by the variable
>Z
If you own, let's say n shares of a company XYZ trading at S price, we have
>Z = nS
If you own m shares of a company ABC trading at S price (this S is not equal to XYZ's S), we have
>Z = mS
Your total portfolio is
>Z = mS + nS
We're gonna introduce an axiom that just makes it easier to talk about a single stock and the strategies imposed on it: A portfolio comprising of 2 or more classes of stock can be broken up into a single portfolio for each stock. Now we can just talk about
>Z = nS
And refer it to any company we're interested in. Basic shit.

cont.

>> No.13419491

>>13419481
How to earn an income on your stocks invariant to its price: An easy mathematical framework any brainlet can use, pt 2.

>What is a Call Option?
Glad you asked anon. A call option (at expiration) is
>C = { 100S - 100K - 100P, S > K; -100P, S <=K }
Where K is the strike price of the call and P is the premium paid. This is a simple piecewise function that simply states the value of a call is the difference between the underlying price and its strike, less premium paid. Or the call option is worthless (we show this as a negative value added to Z, since we paid a premium).

>What if I want to sell the call instead?
We multiply by negative one (or subtract). If we sold a single call on 100 shares of a stock, we show that as
>Z = 100S - C
Expanding C, we have
>Z = { 100S - 100S + 100K + 100P, S > K; 100S + 100P, S <= K }
Notice while S > K, the 100S's cancel each other out. This is a phenomenon we'll know shortly as underlying invariance.
But our portfolio still fluctuates with S while S <= K. Let's see if we can fix that.

>What is a Put Option?
Eerily similar. Again, this is at expiration.
>D = { -100P, S > K; 100K - 100S - 100P, S <= K }
It's just another piecewise function.

>And if I want to sell the put option?
Multiply by negative 1, again.
We don't wanna be naked, so let's say you decide to set aside $1,600 and sell a cash covered put with a strike of $16 for some premium P.
>Z = 100K - D
The 100K here is your cash (K = 16) that is set aside as collateral. Expanding Z, we have
>Z = { 100K + 100P, S > K; 100K - 100K + 100S + 100P, S <= K }
Did you notice underlying invariance while S > K? While the stock is trading in that range, you make a flat income NO MATTER WHAT the stock does. But unfortunately, we've still only achieved underlying invariance for half of the piecewise function.

cont.

>> No.13419497

>>13419491
How to earn an income on your stocks invariant to its price: An easy mathematical framework any brainlet can use, pt 3.

>But anon, aren't options dangerous? r/personalfinance told me to set aside 10% of my cash into an index fund!
Kike advice. Options are a powerful tool available to us, and we'll be able to show mathematically that our risk is no more than that of investing normally into any one stock.

Let's achieve total price invariance.
>Z = 100nS - nC + nD
Yep. We're going to buy n hundreds of a stock, sell n calls on it, and buy n puts. We're gonna make sure C and D have the same strikes and expirations too (your homework for tonight is to figure out what happens if the strikes are different). Actually, to prevent arbitrage opportunities, the market won't let us sell the call and buy the put at the same time. This is where our risk is introduced, but we'll show how to identify that risk and when you should buy that put. For now, let's just assume we sold the call and bought the put together.
>How does that achieve price invariance?
Expand the equation. I'm going to omit n, but hopefully it's obvious that you can stick it back in there whenever you feel like it since everything on the righthand side is a multiple of n. Here, Pc is the premium received from the call and Pd is the premium paid for the put.
>Z = { 100S - 100S + 100K + 100Pc - 100Pd, S > K; 100S + 100Pc + 100K - 100S - 100Pd, S <= K }
>Z = { 100K + 100Pc - 100Pd, S > K; 100K + 100Pc - 100Pd, S <= K }
This equation does not depend on S. What does that mean? The stock can go up, down, sideways, back and forth, in fucking circles, doesn't matter. Your portfolio will increase in value by 100K + 100Pc - 100Pd, less what you paid for the stock. Even better? This is at expiration. None of these equations include those hard-to-calculate navier-stokes time premiums. Congratulations, you have made money no matter what the market does.

cont.

>> No.13419501

>>13419497
How to earn an income on your stocks invariant to its price: An easy mathematical framework any brainlet can use, pt 4.

>Ok, but you mentioned that you can't sell the call and buy the put at the same time. What gives?
Necessarily, to prevent arbitrage, the market will overprice your put option. So what do you do? We build up to it of course. Start with
>Z = 100S - C
This is where our risk is introduced. If the stock goes down at this moment, the put we're trying to sell will only increase in value, and it wouldn't make much sense to buy it because we want it less than the premium we received from C. But if the stock does go down (S <= K), then expanding C we have:
>Z = 100S + 100P
Wow, that looks like we just held stock normally with extra cash reserves in our account. Infact, that's exactly what this is. Our risk is the same as normally holding stock.
Ok, so back to
>Z = 100S - C
Let's say now the price rockets up, like, a lot, and there's just not a lot of time left on the call to reasonably justify that the price will fall below C's strike. It wouldn't make sense to buy the put here, we're just throwing money away at that point. Our shares are called away (or you can roll it for another premium with longer expiration, but this is an advanced maneuvor and should only be attempted by the most virtuous of faggots).
>Isn't this bad?
Nope. Your account has now increased by 100K + 100P, less your cost basis on the stock. We've accomplished our goal here of making money with underlying invariance. Good job, anon.

cont.

>> No.13419507

>>13419497
How to earn an income on your stocks invariant to its price: An easy mathematical framework any brainlet can use, pt 5.

Ok, again, we buy a stock and sell a call on it.
>Z = 100S - C
And it goes above our strike, but now we think it might have a good chance to go back down. We want to eliminate that downside risk. We also happen to notice that, for whatever reason, the premiums on puts of the same strike as our sold call are really low (most likely eroded by theta. If you remember, I said we'd build up to the full position at a future date. This is why, as time would naturally erode the put's value).
We buy the put (same strike, same expiration as the sold call).
>Z = 100S - C + D
The instant you do, your account value is now 100K + 100Pc - 100Pd (and again, less your cost basis on the stock). No matter what. You have earned income even if the stock loses 99% of its value during afterhours. All you have to do is hold to expiration.

Have fun. Play around with these equations, get an intuitive feel for them.

>> No.13419510

>>13418619
Diversify globally.

>> No.13419511

>>13419470
>>13419450
Once you have a large enough account to purchase 100s of shares (tens of thousands of $ per transaction), then you need a brokerage that can quickly fill at the best price possible. Robinhood purposefully tries to scalp you, and has slower data compared to its competitors. If you have 50k on the line, you can afford a $5 commission to fill it even a few cents better. For us plebs it probably doesn't matter, but I've notice significantly higher fill rates with even TastyTrade.

>> No.13419516

>>13418646
Past performance is no guarantee of future performance.

>> No.13419602
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13419602

*ting ting ting*
sell.

>> No.13419740

>>13419511
not sure ill ever get to the point where i need to buy 5 figures worth of individual things ever, i buy $500 bimonthly and just limit buy so i dnot get any robinhood skim scam

>> No.13419837

>>13419602
always do the opposite of this guy, wtf

big earnings day tomorrow

>> No.13420120
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13420120

Less than 1B in volume today on the SPX

What did he mean by this?

>> No.13420211

>>13420120
Apparently the big institutions and hedge funds have stopped buying, and ETFs have seen major outflows.

Way I see it, either they know something we don’t, or the markets going to surge HARD when they resume buying. Or maybe they’re just waiting on a trade deal or some indicator I’m not paying attention to.

Does this market want higher? Seems like a good time to be real fucking worried.

>> No.13420228

>>13418886
>>13418724
I don't get the whole putting a stop loss on a short squeeze play.. On a short squeeze you should always put sell limits and put them as high as your broker will allow .. the whole point is to squeeze the shorts out.. not give them the stop loss....

>> No.13420243
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13420243

SAEX could be exploding tomorrow.

LCI going for that long term short squeeze to $40

NMM great dollar cost average stock and collect dividends. Would buy up to 1.80 sell over 2.20

>> No.13420355
File: 110 KB, 600x899, D42BE021-EAE0-402E-8A06-0DB1C09F241D.jpg [View same] [iqdb] [saucenao] [google]
13420355

>>13420243
I bought some lannett this morning, thinking pharma rebound and generic adderall could be winners.

I actually lost money on that one today, down 0.14%, while the rest of the market and especially the sector took off like a musk rocket. Fuckkng galt ran 11%. Still, I’m gonna let it simmer because short term price fluctuation blah blah blah

Somehow I always take the worst advice here. But maybe tomorrow is LCI’s day in the sun. I’m gonna buy Merck instead if it isn’t too high at the open.

Here’s a picture of a shiba being cool as a cucumber lole

>> No.13420362

>>13420355
LCI is a buy and hold high. Wouldn't really try to trade it, just sell some calls on it

>> No.13420386
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13420386

thread needs more anime!

>> No.13420415

>>13418557
>>13418640
Remember that taking earnings out of a Roth (or ANY money out of a traditional IRA) before you reach age 59 1/2 is heavily penalized. If you're 20 and putting money into an IRA you're basically kissing that money goodbye for 40 years.

>> No.13420496

>>13420415
You can pull out 10k for buying a house and also for school I believe. I cbf to look it up right now, it’s possible that’s only for Roth, but I think it’s right.

Schooling is for you, a spouse, or a child.

>> No.13420504

>>13419740
RH gets money from market makers to route your order to their exchange, where you will RARELY get your order filled at a price better than the limit you specified. Compare this to big-boy-pants brokerages where your order is routed to the exchange that will give you the most favorable price.
You're not getting shafted as hard as you would be with market orders, but you're still getting shafted. Not that important for infrequent trades of small amounts...

>> No.13420543

Is mining-anon here?
I want to know about molybdenum mining.

>> No.13420637
File: 286 KB, 810x1724, Screenshot_20190424-093141_Avanza.jpg [View same] [iqdb] [saucenao] [google]
13420637

TA this

>> No.13420696

>>13420415

>leaving money in there for 40 years of tax free growth

that's the whole fucking point.

>> No.13420945

>>13420637
Rangey. Don't long hodl. Buy around 0.50, take partial profit at 0.75-0.80. Anything over 1.00 isn't going last unless there is a bullish material change in the operation.

>> No.13420981
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13420981

>>13420386
Bull is going to run to fresh ath for dow, s&p, ndx. Media will post articles saying this cannot continue. It'll continue for a couple more days. Then maybe 5% pull back and see how support holds under pressure.

It is written and so it shall be. Also patchouli eating a pizza.

>> No.13421100

>>13419507
>>13419501
>>13419497
>>13419491
>>13419481
Show portfolio

>> No.13421115

>>13419465
XLNX

>> No.13421250

Is there some kind of market crash on the horizon?

A market crash usually happens a couple of days after a crypto crash.

>> No.13421362
File: 91 KB, 1024x466, EURUSD-H1-04-24-2019-0832-1024x466[1].png [View same] [iqdb] [saucenao] [google]
13421362

>13419507
Tell me about the eur/usd dropping below 1.12 yesterday. What the fuck happened?

>> No.13421625

>>13421250
I noticed this too. In fact I was watching BTC during the volatility collapse Feb 2-5 2018, and intraday, the major drops in s&p happened with drops in BTCUSD. I suspect it has to do with general risk on/risk off attitudes and synched algos.

>> No.13421848
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13421848

hope yall still holding refr

>> No.13422038

>>13420211
>big institutions and hedge funds have stopped buying
they weren't buying in at all this year, yeah (compared to retail traders, who have been going all-in).

>>13421848
ya

>> No.13422220
File: 4 KB, 512x512, boeing-logo.png [View same] [iqdb] [saucenao] [google]
13422220

>shit the bed on earnings
>scrap guidance
>scrap buybacks
>stock moves up
nani the fuck??

>> No.13422262

>>13422220
that probably means people were expecting worse
guidance for Q1 earnings was made before the whole 8MAXX thing, so people knew they would miss, but not by how much

>> No.13422298

$T marines how can this be?? I'm not surprised that DirectTV is losing subscribers. Hopefully they can work on paying off their debt and shore up their numbers in another division. What do you think of the earnings? Chance to snag some cheapies again soon?

>> No.13422327

Flat open to collect theta from options buyers yesterday. Typical.

>> No.13422359

>>13422327
all the exciting stuff happens AH today
MSFT, FB, LRCX
I don't know how much movement we will see during the day, everyone is waiting until ~4PM EST

>> No.13422438

keep an eye on NAVI

>> No.13422463

IRBT is going to bounce back up, its heavily discounted right now

>> No.13422470

>>13422220
shit is fucking weird. i don't know much about anything, but i'm definitely staying away from Boeing unless I see a really substantial dip occur.

>> No.13422475

>>13418753
Invest it back. Rh doesn't do partial shares which is gay, so I only keep my dividend earners in M1. Need 10 minimum to invest since it doesn't do DRIP either, but since I try to put money in twice a month it doesn't really bug me since I'm not making 10 on dividends yet

>> No.13422490

>>13421848
Nah. Sold a while ago. I'll wait for a sign of life but this is probably just a scheduled pump and dump

>> No.13422502

>>13422463
>lower case i followed by upper-case letter
I don't have shit for faith in some retarded imitator company riding on apple's coattails like that. Gay fad bullshit imo

>> No.13422534

>>13422502
>disregarding all data and potentially missing out on money because you don't like how the company's name is spelled
good luck!

>> No.13422586

>>13422534
iBet they crash to $0 per share today because of their name. Their current valuation reflects the wisdom of the market. The name is fucking gay

>> No.13422589
File: 177 KB, 828x1792, 97E67C55-9E1D-4D0F-9C7B-D286B11B5277.png [View same] [iqdb] [saucenao] [google]
13422589

Based APC starting the day off strong. Feels like a bull run.

>> No.13422606

YVR

COMING IN HOT

>> No.13422650

>>13419511
Does any of this really matter if you are investing on fundamentals rather than gambler's delight market timing and volatility play bullshit? I buy and hold like its a one-way check valve. I never try to time the market or follow trends. Robinhood has never caused me any grief in this context.

>> No.13422708

>>13422586
are you sperging out rn because your internet coins are crashing?

>> No.13422726

>>13422606
7,000 current volume LMAO!

everyone, take note of this YVR (Liquid Media) shill and his continued shilling

>> No.13422727

STOP SELLING YOU FOOLS!
>>13422586
Holy fucking kek
iShares holders on suicide watch

>> No.13422755

Well the healthcare crushing is continuing, thanks for the bulltrap assholes.

Bought Merck and I’m sticking with it. Hope you’re all loading up on cheapies.

>> No.13422769

Nothing looking good today wtf

>> No.13422787

>>13422727
>>13422755
>>13422769
Take it easy bitchtits

>> No.13422796

>>13422787
I'm watching out for a dip on YRIV don't see anything better desu

>> No.13422813

VFF is looking good
Dudeweed as a whole is up

>> No.13422814

>>13422502
Asimov came before Apple

>> No.13422827

>>13422813
scared of it dipping.

>> No.13422837

All is red except for me
God bless SPLV

>> No.13422872

>KRFG

Is going to explode soon.

>> No.13422884

>>13422827
hey man doodoodedoodoodoo
dont worry doodoodedoodoodoo
every little ting
is gonna be awright

>> No.13422897

>>13422872
>not in robinhood.

>> No.13422908
File: 35 KB, 316x276, 153C4C04-A1D2-4D33-A1DF-00BE7BEB1F48.png [View same] [iqdb] [saucenao] [google]
13422908

The mouse just keeps on giving! I love you Walter! AWALT

>>13422837
How have I never heard of this etf? Looks cool, less risk may mean less reward, but the a main reason I use ETFs is less risk. I like XLP too though...

>>13422787
It’s ok. We’re not your enemy. It’s gonna be okay fren. Here, have this picture of me and my gf.

>> No.13422917
File: 145 KB, 658x890, 1872DD5B-18EC-4EA4-9FF4-41A811BB3330.jpg [View same] [iqdb] [saucenao] [google]
13422917

Why the fuck is everything dropping? I’m too scared to buy puts as I only have 1 day trade left and this market is trading as manipulated as crypto. All stocks have the same chart movements and are in the red.

>> No.13422918

How does Robinhood scam people? I use TD Ameritrade but I thought Robinhood just pocketed like fractions of a penny and any interest you accrue

>> No.13422921
File: 80 KB, 770x577, irobot-genghis.jpg [View same] [iqdb] [saucenao] [google]
13422921

iRobot continues its journey to $0

>> No.13422937
File: 254 KB, 1280x1568, p-PSe_Ek1l0.jpg [View same] [iqdb] [saucenao] [google]
13422937

So, how much money do i need to start trading? Problem that i live in picrelated.

>> No.13422940

Thoughts on PRPO?

>> No.13422972
File: 249 KB, 868x405, zapture.png [View same] [iqdb] [saucenao] [google]
13422972

>>13422940
only that I wish I had bought a lot more at 0.15

>> No.13423018
File: 415 KB, 619x381, AF92BE3A-63E3-4131-9EC8-D66C8E353138.png [View same] [iqdb] [saucenao] [google]
13423018

>>13422921
Next season of battlebots when?
>>13422917
>gyaru titty monster
Eh...
also, RSI looking pretty overbought for S&P depending on what time frame you look at. I believe most of the market look similar.
>>13422937
>poor
>not so poor
>not poop at all
>poop
Cool map where’s it from?

Make sure to keep some gold on hand in case you need to bribe border guards when shit hits the fan. At least Putin can handle going bald with dignity though.

>> No.13423021

>>13422908
XLP has a very low beta. I used to swing it, but I decided to drop staples once I noticed many of the companies were with SPLV. One problem is low volume, but I haven't had any trouble with fills.

>> No.13423031
File: 21 KB, 423x245, dividends-monopoly-man.jpg [View same] [iqdb] [saucenao] [google]
13423031

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>> No.13423053

>>13423031
Give me a quick rundownpill

>> No.13423054

I've been monitoring four ETFs over the last six months which track:

>equities
>real estate
>corp bonds
>gov bonds

Can someone explain to me why they move identically? Shouldn't there be some negative correlation between these assets? This market is giving me headaches.

>> No.13423059
File: 73 KB, 1096x610, 2019-04-24_22-20-46.671 .png [View same] [iqdb] [saucenao] [google]
13423059

https://github.com/github/dmca/blob/master/2019/04/2019-04-23-bilibili.md
Look at this DMCA request filed by bilibili when they request github to remove their leaked source codes.

>> No.13423069

>>13423018
>where’s it from?
@mapsanddata Telegram

>> No.13423078

>>13423054
welcome to heavy central bank correlation and index-fund investing

things (stocks, industries, etc.) used to be much more divergent
increasingly in modern times everyone just buys and sells index funds, so assets withing the indices move together much more (high correlation)

>> No.13423086

>>13423059
Thanks, just sold all my BILI.

>> No.13423098

>>13423054
Compare those to dollar index and crude prices...

>> No.13423101

>>13423059
HAHAHAHA oh wow. I wonder if google translate would have been better. They seriously don’t have a single fluent English speaker on staff? Gambatte, internkun!

I was looking at them earlier today and it looked like they were getting crushed, but compared to the rest of the Chinese stocks they’re not doing so badly.

Thanks for keeping us posted.

>> No.13423102

>>13422918
It's just a shitposter/shill too dumb and impatient to use limit trades. Yes, Robinhood isn't a great choice if you're making split second trades or you're playing with more than maybe 3000-4000 dollars. but when you're just starting out, you gain access to the market for no fees and can fuck up on the regular. Most of my trades right now are still only in the ~100-200 range at most, so that's why i use it. Once I get beyond that, then another broker will be more viable.

Anon seems to imply that them stealing my data isn't obvious, and I don't really know what they are expecting on that front. I can't imagine any broker isn't selling their data to other firms. hurr durr where does data come from dad

>> No.13423113

>>13423086
I wanted to invest in anime but I can’t bet on BILI. I’m buying if it hits $16.

Turns out Crunchyroll is owned ultimately by AT&T, but I don’t really want to bet on crunchyroll either. Hulu has a bunch of anime and Disney has a bunch of Hulu, so I guess that’s close enough.

>> No.13423126

>>13423113
Just go to the Japanese market and buy those IP right holders' stock instead

>> No.13423141

>>13418577
A piggy bank.

>> No.13423142
File: 1.33 MB, 408x302, 1554923215053.gif [View same] [iqdb] [saucenao] [google]
13423142

>>13423102
>Yes, Robinhood isn't a great choice if you're making split second trades or you're playing with more than maybe 3000-4000 dollars. but when you're just starting out, you gain access to the market for no fees and can fuck up on the regular.
I think this is pretty much the consensus view that RH is great for active traders who are noobs with a short stack, but shitty for people with actual money.

>> No.13423148

Tesla earnings soon.
>inb4 fucked

>> No.13423170

>>13423113
Amazon prime video also has a bunch of anime now.

>> No.13423178
File: 36 KB, 232x557, 4999279D-7244-4349-91C0-3FFB6FE23B70.jpg [View same] [iqdb] [saucenao] [google]
13423178

My god so this is what the golden bull feels like
Thanks Qualcomm, Cisco (I feel like such a smarty for calling that one)

>> No.13423189

Hey guys. I want to invest in the US market in something that I can put my money and forget about it for the next 20 years. What would you recommend?

>> No.13423198

>>13423189
JNJ

>> No.13423204

>>13423053
it's free money kinda

>> No.13423207

So >>13422937
How much?

>> No.13423221

>>13422937
1 dollar

>> No.13423244

>>13423189

FSKAX or VTSAX

The cheapest balanced index funds. Set it and forget it.

>> No.13423248

I know I probably bankrupted many of you shilling biotechy during the bubble, but buy sectorwide 5g tech options (pre earnings so you don’t pay the IV premium

>> No.13423252

>>13423207
~13.2 million USD, unmarked bills

>> No.13423263

>>13422972
Same here, but there's nowhere to go now but up even more.

>> No.13423277
File: 50 KB, 750x304, 137D36A1-5EEE-445D-92E5-3C85BC0D74E9.jpg [View same] [iqdb] [saucenao] [google]
13423277

>4000 dollars in 120 calls expired worthless april 18th that I had bought months in advance
I was fucked with by the MM correct?

>> No.13423305

$5,000 to yolo. What options should I buy. If I bought the past week I would be almost a millionaire

>> No.13423344

>>13423305
Shelve your fomo. I sold QCOM strangles the morning of. Get some AVGO on this the dip

>> No.13423359

T is dying. Is it time to sell?

>> No.13423372

>>13423305
Put it all in YRIV. Trade talks soon

>> No.13423376

>>13423198
But is it possible to make it so that if I get paid anything it reinvest automatically?

>>13423244
Whats the diference between them?

>> No.13423381

hey guys, if you're not in yet - xaviers school has gotten pretty good lately now that the trash is out.
trading, options, crypto, alt finance, etc - learning from some high level money makers
discord (dot) gg
/pxzVVD5

>> No.13423392

I feel like I need to fomo in. That means we're going to crash soon right?

>> No.13423399

>>13423381
Can confirm, good options talk lately

>> No.13423404

>>13423392
I feel it too so yes

>> No.13423411

>>13423359
lol no

>> No.13423425

>>13419450
You cant buy everything on robinhood...

>> No.13423442

$REFR is mooning. I'm actually getting tired of gains, just as Trump predicted.

>> No.13423463

>>13423126
Genius! I can’t read Japanese and I don’t know how the JPY trades though.
>the markets actually close for lunch
That’s so cool!

>>13423170
Yeah, they even got some good ones.
>za party is over...
For some dumb reason I view amazon as almost like an S&P index fund: buying it is like giving in to slow and steady and safe returns.
Gotta beat the S&P and beat Bezos.

Dumb question: could he just wreck all of crypto by releasing an AmazonCoin?

>> No.13423470

>>13418584
It would be closer to 1 million. Assuming an average return of 12% (S&P 500 average) for 40 years is $930,000

>> No.13423482

>>13423392
>>13419602

>> No.13423504
File: 778 KB, 709x479, unknown-5.png [View same] [iqdb] [saucenao] [google]
13423504

>tfw

>> No.13423516

>trump speaks to reporters:
>stonks/econmoney/unemployment are the best they’ve been—probably ever!
>opioid crisis, we’re working with doctors and pharmaceutical companies and insurance and labratories...

SHUT. THE. FUCK. UP.
god damn it he’s going to ruin everything!

>> No.13423525

>>13423359
Time to buy

>> No.13423545

>>13423470
Its so fucking easy to become a millionaire. How is it not people's own fault for being poor?

>> No.13423574

>there are a few people left who think there will be a recession in the next 50 years

>> No.13423586

>PDT restricted until may 31
do i yolo INTC in june and see if orange man starts antagonizing tsmc

>> No.13423598

Tobacco21 keeps making news, rite aid and Walgreens just said they’re doing it on their own.

Things are going to get harder before the get better, aren’t they? Ugh I kind of want to sell to free up liquidity and then buy back lower.

Stop fucking with Altria, america.

>> No.13423614
File: 294 KB, 1280x720, zzz.png [View same] [iqdb] [saucenao] [google]
13423614

so many earnings reports today after hours

what if they are all surprise bad or surprise good


I'm hoping for good earnings for a little while, I'm long right now. Don't want to start leaving my positions yet

>> No.13423630

https://finance.yahoo.com/news/liquid-reveals-ancient-aliens-episode-130000753.html?.tsrc=rss

>> No.13423686

Is this bad news? Already knew they were burning money, but effin’ A they’ve been taking a real beating today. Kind of want to DCA in.

https://finance.yahoo.com/news/verastem-oncology-announces-amendment-refinance-200500430.html

>> No.13423725
File: 17 KB, 548x167, nak.jpg [View same] [iqdb] [saucenao] [google]
13423725

down big on my NAK position
god someone please help me I can't handle these losses I'm such a fucking worthless failure I'm going to blow my fucking brains out and spare the world the pain of having to deal with a tumor like me

>> No.13423738

>>13423725
AHHHHHHHHHHHHHH GOD I'M SO SCARED MOMMY PLEASE HELP EME I CAN'T HANDLE ANY MORE RED WHY DID I EVER PUT MONEY INTO THE MARKET I'M LOSING EVERYTHING
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.13423742

>>13423598
Smoking is disgusting and you should be ashamed of yourself.

>> No.13423760

>>13423725
Easy friend. You did good by building your position slowly. It’s easy with penny stocks, which is one of their appeals.

>>13423742
They’re investing in juul and 420EVERYDAY. Also, smoking is sexy as fuck. But also gross.

>> No.13423767

>>13423470
That's a big assumption. I don't think that history is any guidance for the market. The future has lower overall gains as a few mega corps come into more and more power.

>> No.13423779

>>13423760
I've been averaging down on NAK so long, I have so much money invested into this

>> No.13423783
File: 84 KB, 500x466, 1536659450521.jpg [View same] [iqdb] [saucenao] [google]
13423783

>>13423545
Aversion to fear/risk. People see a downturn and immediately sell. They lock in their losses by selling the dip instead of doubling down. People also enjoy living beyond their means. It's as easy as not spending your next raise (and instead saving it all), or even saving half of each raise per check. The US is so out of touch financially, that they don't realize you can't borrow money continuously to fuel your fancy lifestyle.
I was taught to save 10% at a minimum, more if possible. Most people spend 110%.

>> No.13423786

>>13423725
looking at the charts it is trending up and looks to be almost at its bottom. it hasnt been consolidating at all. hodl brother, it will go back up

>> No.13423789
File: 818 KB, 371x209, tumblr_n7ieb2B3Nr1tnvu0no1_400.gif [View same] [iqdb] [saucenao] [google]
13423789

https://www.youtube.com/watch?v=Zab9AY38Q5A

higher estimates -> higher prices -> higher estimates :))

>> No.13423791

>>13423779
>>13423760
never buying a mining meme again, I'm going to put all my money into Barrick Gold instead

>>13423786
it's just hard seeing the massive losses I've incurred so far and knowing I could have made money if I had put my funds somewhere else

>> No.13423794

>>13423725
NAK has always been one of the biggest gambles that ever was. I knew a geologist from Alaska and I asked him about the pebble deposit, he said that there was an immense amount of political pressure against any mining there. It's apparently much worse than anyone has been led to believe about NAK. Still the payoff will be gigantic if they can get the rights.

>> No.13423813

>>13423783
>2019
>not living one credit line increase at a time
I bet you don't even own a boat.

>> No.13423819
File: 17 KB, 495x362, 1522428788151.jpg [View same] [iqdb] [saucenao] [google]
13423819

my food stocks WHYY

>> No.13423820

>>13423783
what about saving 110% o.o

>> No.13423836

Rate my memefolio /smg/
INTC
REFR
GALT
LCI
NDM
ARU
GLD

>> No.13423842

>>13418852
glad things are turning out well for you now, but keep in mind that won't continue forever
don't mean to come across like a crab in a bucket, but it's a fact that it's going to go down eventually
don't let it get to you when it happens, and just focus on the long term

>> No.13423843
File: 185 KB, 1070x926, A42DFAD0-D26A-4389-AC32-8121144E580B.jpg [View same] [iqdb] [saucenao] [google]
13423843

>>13423794
Know anything about any of the miners? About molybdenum mining?

>>13423738
>shota baiting this hard
Do not lewd /smg/
Don’t be lewd,
It’s verr rude!

Hey pendy, could you tell me about your social disability? I think we can all relate here. We’re not all hunks and chads that you have to resent.

>> No.13423850

>>13423813
Debt is good if you believe you can outperform the interest. That's why paying off a low interest loan as fast as possible isn't ideal, as you're losing the opportunity cost (Say, 4% interest rate vs 7% ROI), although you want to keep paying the debt off obviously.
>>13423820
If we consider investing to be a form of saving, then using margin is saving more than you "actually" save. If you think you can outperform the cost long term and you can save 100% of income, then you could definitely save 110%.

>> No.13423858

>>13423836
needs more LPTX and HMNY

>> No.13423866

Netflix getting Code Geass S1&S2, The Matrix, The Dark Crystal, and Gremlins!

Time to bet on flix!

>> No.13423892

>>13423545
A million dollars ain’t what it was yesterday

>> No.13423901

Man Bernie needs to get off my ass and go fuck up another sector so my little biotechs will bounce back

>> No.13423916

>>13423901
it is a buy opportunity man
just bear with the volatility

>> No.13423935

>>13423901
I would like to reiterate my “buy cheapies” statement.

I told you yesterday to buy Merck. I stand by that statement. Sock it away in your IRA and let that sucker DRIP.

I hope someone took me seriously when I said buy Disney. And again when I said buy more Disney.

>> No.13423964

Take this opportunity and we’re all gonna make it frens.

Thank you Bernkun for giving me this opportunity!

>> No.13423986

this market fucking sucks

>> No.13424004
File: 189 KB, 1125x1574, IMG_20180810_231754.jpg [View same] [iqdb] [saucenao] [google]
13424004

>>13423986
You got bulltrapped too, eh?

>> No.13424009

>>13424004
no.. it just sucks

>> No.13424027

>>13423850

mathematically, using debt is the stupidest way of getting interest gains and carries the highest risk.

you wouldn't have a paid for house, then take out a 50k HELOC just to invest it regardless of gains.

y'all niggas risk meters broken.

>> No.13424037

>>13424004
>sold my QCOM calls at 88.6
I woulda popped outta everything else but I was in a lab.
CSCO SNPS and TSM are still holding very strong although their momentum might’ve been wiped

>> No.13424047
File: 64 KB, 417x480, 1553800952998.jpg [View same] [iqdb] [saucenao] [google]
13424047

>>13423986
A whole lot of sideways movement. Feels bad man.

But I still can't stop watching.

>> No.13424048

>>13424027
I'm not saying do that- I'm saying don't try to buy a house in cash like some Americans do. Since some people see the problem with debt, they go full retard and refuse to use debt at all. They have everything in cash and buy houses/cars with cash even if they could've invested that money.

>> No.13424082
File: 407 KB, 596x594, 1556063841518.png [View same] [iqdb] [saucenao] [google]
13424082

>>13424027
>>13424048

>> No.13424087

>>13424082
>300% per year
Kekekekeek

>> No.13424092

>>13424048
You're missing the point. Taking out a mortgage to buy a house so you can "invest" the cash is the same as taking out a loan on something you already own in order to invest. The difference is one sounds smart to you and the other sounds stupid.

>> No.13424115
File: 965 KB, 500x500, tumblr_m7f22yosHL1qjikvno1_r1_500.gif [View same] [iqdb] [saucenao] [google]
13424115

euro is crashing to parity

>> No.13424121

>>13424092
>4% interest rate on house
>more than 4% growth on the cash now invested
Do you have savings? Do you plan on buying a house? Are you seriously telling me you're going to refuse to invest money until you pay off all debt?
>>13424082
>300% per year
how did i not know about this

>> No.13424154

>>13424121
Well, my plan is to save 50% minimum of my income and put almost all of it into a money market fund in order to eventually buy a house. I have no open lines of credit and I intend to keep it that way.

>> No.13424165
File: 35 KB, 338x527, 1555451976079.jpg [View same] [iqdb] [saucenao] [google]
13424165

Galt getting ready to moon.

>> No.13424178

>tfw helping manager pitch blockchain and smart contracts for our company
I don’t know how to feel about this

Also I finally almost recuperated all my losses from picking shitty meme stocks and this makes me happy.
can anyone recommend water-related stocks? I think water is going to be the next big fight in the world and I want to start investing

>> No.13424187

>>13424154
Why do you want to own a house?

>> No.13424189
File: 44 KB, 705x870, galt.png [View same] [iqdb] [saucenao] [google]
13424189

>>13424165
we're doing it boys

>> No.13424195

>>13424165
$6 by eod

>> No.13424201

>>13424154
buying a house with cash because you are autistic about debt is financially retarded. so is putting 50% of your income into a "money market" fund that probably pays less interest than short-term US Treasury Bills.

>> No.13424209

>>13424027
To an extent you're right. However find me a time in history where you wouldn't be better off mortgaging a home and putting that same amount of cash in the S&P than buying a house cash.

>> No.13424213

>>13424189
>>13424195
Big money needs to be in for the rights offering and funds settled before Monday. Today and tomorrow could be huge.

>> No.13424222

>>13424154
...just open a credit card without an annual and pay off the balance. Being credit-invisible is not a helpful thing in the US.

Just don’t fall into the trap of thinking shit like “well I get cash back so I might as well buy things I don’t need!

You’re getting memed because you’re repulsed by the boomer love of debt. And it is repulsive. But don’t overcorrect.

>>13424213
What rights offering?
Remember me when you see look back at the earth from space.

>> No.13424228

>>13424187
Because my wife wants a house that she can decorate to her liking. And since I'm American I'm hoping it's an asset that at least won't depreciate.

>>13424201
Buying a house with cash is the smart idea, actually. And obviously I would just buy the money market fund that invested in treasuries (VMFXX comes to mind).

>> No.13424229

>>13424154
This is a bad plan. It simply is. Don't fear debt, understand it and take advantage of it in appropriate, responsible ways.

>> No.13424245

>>13424228
>buying a house for your wife
NGMI

>>13424213
I don't even care that much about the next few weeks; I'm hoping GALT generally trends up over months ($6, $7 would be great, $5 would be OK).

>> No.13424255
File: 7 KB, 240x232, 1543971115494.jpg [View same] [iqdb] [saucenao] [google]
13424255

>>13424187
>Why do you want to own a house?
To live in it

>> No.13424258

>>13424222
What on Earth would I ever need a credit card for? There is no advantage for someone like me who has no debt and wants to keep it that way.

>>13424229
The most responsible thing to do is to avoid debt and live frugally on a written budget.

>> No.13424272

>>13424258
Cash back
1 month interest free loan

>> No.13424276

>>13424228
>Buying a house with cash is the smart idea, actually.
Fucking millenials
>I was 14 during the housing crisis and I know everything the boomers did wrong
The boomers bought houses they couldn't afford and then triple mortgaged them convinced that they would continue to go up 20% a year in value. They considered homes an investment, homes are homes damnit.
>>13424209
I know that I'm linking to my own shit, but read this. Look at the charts. Even during the crisis this held true. Unless you plan on losing your income you're absolutely better off having a mortgage and that money in the market. Not doing so it a personal choice, and while it's not the worst choice in the world, it's not what I would call smart and reeks of a timid and shortsighted worldview.

>> No.13424277

>>13424258
credit cards build credit. if you have one and always pay it off, you'll be able to get a better rate on your home loan down the line

i put all my expenses on my credit card and pay it off every two weeks. I get at least 1% cash back on everything and sometimes 2-3% on certain items.

>> No.13424292

>>13424245
If you are willing to hold Galt for a few years it will be worth ten times as much.

>> No.13424311

>>13424255
NORMIESGETOUT.ree

>> No.13424314

>>13424272
Cash back is a pittance compared to the money I save by being frugal and living on a budget. When you don't have a credit card to lean on you actually have to save money and plan in advance for expenses.
The loan aspect is pointless. No way to consistently make money over such a small timeframe.

>>13424276
Right, I'm glad you agree that you shouldn't buy a house you can't afford. My argument is simply that afford = able to pay in full in cash.

>>13424277
But there's no point to "building credit" if you don't plan on taking out any loans!

>> No.13424318

>>13424258
>The most responsible thing to do is to avoid debt and live frugally on a written budget.
Right, the best way to win a knife fight is not to get into one too. But you live in a capitalist world, you simply do. Your wife is going to leave you in 5 years (because you're too boring and risk averse, and no matter what she says she doesn't want to live frugally), it's the truth and you probably already know it, and she's going to take the house because she will have convinced you to put babies into her by then (she seems to run things.) Now you have child support to pay and no home, and since you didn't put your money into something that would be divided equitably in this case you lose all the money you put in. Have fun, and good luck.

>> No.13424319
File: 70 KB, 586x636, eurusd.jpg [View same] [iqdb] [saucenao] [google]
13424319

Buy euros you fools.

>> No.13424330

>>13424319
The market is anticipating the EU elections

>> No.13424333

>have 0 idea about terminology (puts, calls, options, etc.)
>buy everything at market price, based mostly on how I feel
>only research I do about a company is whether I and the general public like their products
Do I belong here lads?

>> No.13424339

Is it time for tvix?

>> No.13424343

YVR bout to make a run

>> No.13424344

>>13424314
>Cash back is a pittance compared to the money I save by being frugal and living on a budget.
You can still do that with a credit card
It does not force you to spend more money

>> No.13424366

>>13424318
Actually, my wife was the one who convinced me to be frugal in the first place. I've seen both sides so I know how much money is wasted by the average person who has no control over their spending.

>> No.13424373

>>13424255
You can always sell your LCI stack for a luxury card board box

>> No.13424376
File: 2.67 MB, 3648x2736, View-from-Col.jpg [View same] [iqdb] [saucenao] [google]
13424376

>>13424333
yes
nice trips

what kind of things are you buying recently?

>> No.13424399

>>13424344
It doesn't force you to do anything, but it sure encourages you to. That's the whole point of these cash back offers is to stimulate people to spend more. It perverts their sense of cash flow. Instead of saying "I'm losing $1,000 on this T.V." they think "I'll be getting $10 back!"

I'd be willing to be that you yourself don't live by a written budget.

>> No.13424416

>>13424366
She said that she wants to live frugally but
> then her friend goes to Hawaii and says how much fun she had
> then another friend buys a nice new car
> then kids come and she has to buy them everything they want
> then you buy a house and she needs to decorate and her grandmother had a china cabinet just like this one here OMG!!
> then her boyfriend needs help with the rent
Life is really cheap when you're young. You're absolutely right that you should be living in a budget, but you have to understand that budgets work in the long term but once you're in the adult world not on a day to day basis because expenses come up. Like Tyrone's rent.

>> No.13424422

What are some good alternatives to money markets where I can keep my cash incase I need to cover my puts?

>> No.13424431

>>13424422
No joke, RH. Their savings accounts are at 3% right now.

>> No.13424434

>>13424399
>I'd be willing to be that you yourself don't live by a written budget.
I don't need to because I don't have a problem with spending

>> No.13424446

>>13424434
What? You just live within your own means without having to have rules for yourself? What are you, an adult with self control or something?

>> No.13424447

>>13424431
I need something I can buy with my schwab account

>> No.13424458

>>13424311
I don't want to retire homeless so now i'm a normie??

>> No.13424462
File: 92 KB, 1000x563, 7342830948096.jpg [View same] [iqdb] [saucenao] [google]
13424462

WHEN THE LEVEE BREAKS

>> No.13424467

>>13424447
Schwab savings are like 1.4% if I remember. I'd honestly do that instead of buying into something if you're just using it to cover. Unless we're talking masses of money or something. Then I'd consider a REIT.

>> No.13424475
File: 215 KB, 1200x1600, C1FE1540-F3D5-41CD-B628-B849E5804039.jpg [View same] [iqdb] [saucenao] [google]
13424475

Who the FUCK just sold a Tim? I’m watching you, fucko.

>>13424344
>>13424318
>>13424277
Casting pearls before swine, lads. Sometimes people get more confident in their opinions in the face of contradictory evidence.

>>13424333
Yeah, I’m pretty dumb. In the same boat with options. I have no idea what a fucking “spread” is. Being in touch with the consumer is good, you could’ve predicted the Apple and Disney runs easily. Just stick with the easy plays and always use S&P index funds for some long term savings. And use some damn limit orders.

>>13424416
I would’ve chosen car breakdown, or sudden medical expenses, unexpected travel needs to see dying relatives, etc.. But sure, there’s always Tyrone’s rent to pay.

>> No.13424477

>>13424458
Even on SMG planning for the future is only for normies apparently.

>> No.13424486

>>1342437
Thanks anon.
10k in some vanguard S&P index ETF
1.5 in apple
1.5 in disney
2 in Tencent
1.5 in Shawcor, a pipeline maintence company in Canada
Too lazy to calculate percents so I just throw 1.5 into some company I like and 500 into the ETF whenever I scrounge up enough. Thinking of liquidating everything soon as i’ve been to a lot of fly over states/smaller cities/towns lately and all the commercial hubs look desolate. Widespread opiate addiction and lack of full-time employment really makes me wonder how long we can maintain this growth. Yeah I know timing the market is a loser’s game but I don’t think things are in a good place for a vast majority of people.

>> No.13424497

>>13424475
>>13424486
Damn did you just read my mind??

>> No.13424500

>>13424475
>Casting pearls before swine, lads. Sometimes people get more confident in their opinions in the face of contradictory evidence.
You've offered no evidence, just an immature short sighted world view which shows a lack of experience. Which church do you belong to? Christians kids are usually the ones that are this arrogant and sure of themselves in the face of reality.

>> No.13424517

WHY IS EVERYTHING CRASHING I JUST BOUGHT CALLS!!!!!

>> No.13424535
File: 1.88 MB, 498x280, 1546571688145.gif [View same] [iqdb] [saucenao] [google]
13424535

>>13424165
>>13424189
>>13424213
>>13424245
remember 2 days ago when everyone here was shitting on it
I won't claim victory until we're above $10 minimum

>> No.13424545
File: 47 KB, 750x714, 1539786934561.jpg [View same] [iqdb] [saucenao] [google]
13424545

>>13424517
could you let us know next time before you buy them?

>> No.13424552

>>13424535
why you gonna jinx us like that

>>13424517
nothing is crashing

>> No.13424553

>>13424475
>I would’ve chosen car breakdown, or sudden medical expenses, unexpected travel needs to see dying relatives, etc.. But sure, there’s always Tyrone’s rent to pay.
It all comes down to the wife anon, every time. They're biologically programmed to compete with each other in hoarding material goods that others worked for and showing off their 'superior' lifestyle.
> But not my wife, she's different
No she's not, she's just young. She'll get there, don't worry. And if you're thinking regressively about finances instead of progressively you're going to be in for a bad time. Focus on earning more, while attempting to live within a budget.

>> No.13424562
File: 81 KB, 1003x553, pullback.png [View same] [iqdb] [saucenao] [google]
13424562

also

>tfw sold my SQQQ right before the pullback I was predicting started

damn
I don't feel secure holding something like SQQQ like I do with something I've personally done DD on

>>13424545
what's the deal with this other stock you've started mentioning recently
starts with an N

>>13424552
jinxes on here are short term
I don't care what happens in the short term

>> No.13424587

>>13424416
She already lived the frugal lifestyle when I met her, and she's the one who convinced me to change to her ways. I'm much better off this way that's for sure.

>>13424434
>>13424446
But how do you expect to meet you financial goals without putting together a plan and sticking to it. It's impossible to save enough money accidentally.

>>13424475
>car breakdown
emergency fund
>sudden medical expense
already happened, was able to put less into savings that month and didn't even need to touch the emergency fund
>unexpected travel needs to see dying relatives
emergency fund

>> No.13424589

>>13424228
>And since I'm American I'm hoping it's an asset that at least won't depreciate.
>an asset
Yikes.

>> No.13424595

>>13424562
>what's the deal with this other stock you've started mentioning recently
>starts with an N
NMM??

Honestly a lot of things were going on in the background awhile ago and i've been watching it. I don't want to really explain it here or i'll be met with a bunch of drooling retards sperging out.

>>13424553
>Focus on earning more, while attempting to live within a budget.
Thats the way to do it. People only have so much energy, it should be focused on making more not saving more.

>> No.13424604

>>13424595
>NMM

yeah, that one
I'll look up on it a bit, mainly out of curiosity because all my money is still in GALT

>> No.13424615

>>13424595
What good is making more if you're just going to spend it all? You have to be disciplined to save money. I spend max 1 hour a month making a month's budget

>> No.13424634

>>13424615
>What good is making more if you're just going to spend it all?
Why do you make money anon? whats your end goal?

Why not make more, spend more, save more all at the same time? live a good life up to retirement and also live a good retirement.. don't make your young years lame because you want to enjoy a boring simple retirement. Always save for retirement but don't let life pass you by in doing so.

>> No.13424638
File: 16 KB, 348x342, 1540716612863.jpg [View same] [iqdb] [saucenao] [google]
13424638

>>13424587
>It's impossible to save enough money accidentally.

what
my only monthly expenses are things like mortgage, utilities, and groceries
so I just don't spend money on other things
Instead I throw money into my RH account to spend on memestocks

>>13424615
>You have to be disciplined to save money
Nah

I just want to know, before you budgeted, what were you spending money on? I've never budgeted in my life and I bought a house and save >50% of my take home
I can't tell you the exact % because I don't know it :)

>> No.13424643
File: 600 KB, 593x594, 4F4AC830-D2DF-4A87-8CDD-32DA7B699D0E.png [View same] [iqdb] [saucenao] [google]
13424643

>>13424458
>>13424477
IM GONNA SAY THE N WORD!

>>13424497
Just more proof you belong here.

I really got get some China exposure, and maybe Cañada as well. Don’t like the pipelines though and don’t know anything about the Chinas.

>> No.13424648

>>13424587
>But how do you expect to meet you financial goals without putting together a plan and sticking to it. It's impossible to save enough money accidentally.
By being an adult. It's the same way with dieters. It's not about your budget or your diet, it's about making the right decision.
> At bestbuy
> This 4k OLED screen looks great!
> Wouldn't it be nice in my living room?
> Not as nice as the 3k in my bank account
Or
> Time for dinner
> You know what sounds good? A nice steak dinner at Ruby Tuesday's!
> Me, my wife and my four kids would cost only $120!
> You know what would be nicer than a steak dinner for 6? Having $120 in my bank account and making chicken for dinner at home for only $12.
And finally
> End of the month
>2k left in bank account
> I should go to a strip club and try and buy one of the strippers!
> But instead I'm going to put 1k into savings and transfer 1k into my Schwab account
And the final mindfuck is that if I tried to live super frugally and have a house paid off I wouldn't be the kind of person who heads a family of 6 and still has 2k in his bank at the end of the month, because I wouldn't have the same drive to make money as I have today.

>> No.13424652
File: 498 KB, 500x290, giphy00.gif [View same] [iqdb] [saucenao] [google]
13424652

>>13424589

>> No.13424675

big boys aren't done accumulating, want it cheaper

>> No.13424706

>>13424634
Well, current long-term financial goal is to save enough money to buy a house. After that I think I'll get back into amateur radio.

>>13424638
Before my transformation I was wasting money on food, booze, and vacations.
I would be interested to know your personal savings rate for 2017, but I bet you wouldn't even be able to calculate it.

>>13424648
I'd be willing to bet that you could discover a lot of "waste" if you actually sat down and made a budget.

>> No.13424718

>>13424675
it could go to $2, I don't care
what matters is news, science keeps piling up and multibillionaire chairman of the board remains committed

>> No.13424756

now start shitting on it again
it doesn't matter
nothing in the short term matters

>> No.13424773

hitting 20 RSI on daily, will likely bounce and stabilize somewhere between the lows of this selloff and daily highs
big boys making a dip and buying it up, accumulating for RO

>> No.13424775

>>13424718

Fuck of faggot

>> No.13424779

Free stock picks for you guys:
>Invesco
>B&G Foods
>Omega Healthcare Investors
>New Residential Investment Corp
All of these have a pretty high dividend and a good history. Also, pay-out percentages are not unsustainable. Plus Honda as a wild card. Dividend is pretty low in comparison, but Honda has a ridiculously low P/E and a lot of cash on the balance sheet (pretty common in Japan).

>> No.13424783
File: 77 KB, 188x264, 1545411664921.png [View same] [iqdb] [saucenao] [google]
13424783

>>13424775
>fuck of

>> No.13424799

GALT will settle somewhere around 4.7 at EOD, imo

>> No.13424805
File: 3.32 MB, 2750x4000, 1552358105304.jpg [View same] [iqdb] [saucenao] [google]
13424805

>>13424706
My savings rate is always going to be 50% or higher
that is after taxes and 401k contribution

I don't care to calculate and budget because don't spend money on much.

I don't have any monthly subscriptions, I don't buy things. In the past year I have spent approx. 600-700 on exercise equipment for a home gym, maybe another 300 for various kitchen appliances. This is a very small portion of my overall cashflow
I'm a boring person who doesn't go out and spend money, but I'm not the type of nerd who puts all of their expenses in an excel sheet :^)

It seems like as long as you don't take vacations, and only eat home cooking (you have a wife, right?) you won't be wasting any money
so why need to spend time budgeting when you already know what you need to do to be financially successful?

>>13424779
wait I already have all of those except OHI

>> No.13424815

>>13424783

Fuck OFF. You are the biggest attention whoring tripfag on the entire board and what’s worse is you’re a complete idiot and know nothing about the markets. An arrogant idiot - the worse kind of idiot

>> No.13424817

>>13424783
Heh gottem!

>> No.13424825

>>13424805
>wait I already have all of those except OHI
Nice. Show your portfolio? I'm curious about your other holdings.

>> No.13424830
File: 40 KB, 640x480, 1448806960882.jpg [View same] [iqdb] [saucenao] [google]
13424830

>>13424815

>> No.13424859

>>13424805
I doubt your savings rate is as high as you think it is. That would put you in the 93rd percentile in USA.

Anyway, the reason I like making a budget is so I can plan for the future. I know as long as I make a plan I'll be able to reach my financial goals.

>> No.13424863

>>13424779
Also have all, but OHI.

>> No.13424869
File: 51 KB, 782x434, slide_now[1].png [View same] [iqdb] [saucenao] [google]
13424869

I think you should add Koyfin to the links in the OP. Its a great, free, resource. Creators just wanted to bring Bloomberg type data/research to retail investors for free, all it needs is an account. Give it a peep

>> No.13424892

>>13424869
Seems suspicious.
Why would they give something away for free that Bloomberg charges billions for?

>> No.13424899
File: 21 KB, 359x339, azaz.png [View same] [iqdb] [saucenao] [google]
13424899

>>13424825
man it would take a while I have dozens of stock/ETF positions (and RH doesn't let me copy/paste easily as far as I can tell

Right now I have a lot in consumer defensive (food, staples), medical suppliers (ABC, CAH, MCK), REITs and income-generators, pharmaceuticals (SGMO, GALT, several others), dudeweed, etc.
Some silver and gold ETFs (besides physical holdings), just bought some FTCS today to balance out my exposure to equities with corporate debt.

I was going to make a python script to try and dump my RH holdings into an excel sheet and do some automatic sector/beta exposure analysis, but I haven't gotten around to it

>> No.13424900

>>13424869
will do, good link

>> No.13424914

>>13424892
so it can mine your data

>> No.13424915

What stocks sank the indices today besides iRobot?
Also this isn't a pull back its just wrench to make everyone's short calls/puts worthless. If the market pulled back at the ATH yet again we'd never make it.

>> No.13424927

>>13424899
5G and semis man. That's all yah need. We're headed for another dot com bubble primed to burst next year during election season

>> No.13424933

>>13424869
Better than trading view? Also can you get implied volatility historical+daily charts?

>> No.13424937

holy fuck everything I own is completely sideways today wtf?!?!

>> No.13424953
File: 3 KB, 126x85, 1277450666661.jpg [View same] [iqdb] [saucenao] [google]
13424953

>>13424937
Nothing I have is up or down more than 1% right now.

>> No.13424963
File: 78 KB, 640x1000, f961ef45cd59d448a3b586e5da8f92c8.jpg [View same] [iqdb] [saucenao] [google]
13424963

>>13424937

buy the LCI dip

>> No.13424989

Think QCOM is done?

>> No.13425006

>>13424706
>I'd be willing to bet that you could discover a lot of "waste" if you actually sat down and made a budget.
Yeah, and that's fine. The waste is things that I want. Why would I deprive myself of everything but the bare essentials? The fact of the matter is that I live a lifestyle that I enjoy, and can afford and most likely still have more money to put aside than you because I understand that there's more to life than coveting every dime that I have. I covet the dimes that I don't have and I make plans to take them.

>> No.13425010
File: 202 KB, 1587x731, Capture.jpg [View same] [iqdb] [saucenao] [google]
13425010

>>13424892
Its not actually as in-depth as Bloomberg's research, nothing comes close, but this offers more research in one place than any other platform I've seen for no fee. I found out about it through numerous traders on Twitter that swear by it, and the founders are really chill on Twitter.

>>13424933
I would say TradingView is more flexible for charts that you can customize for your liking (with indicators,SMAs, etc), although Koy has more rudimentary versions of this.

Personally, I use Koy to compare sectors of the market as a whole, to deep dive into ETF holdings and slice them up, view commodities, etc. Its excellent for comparing multiple tickers and your pages are fully customizable. I'm not much into fundamentals but it consolidates a ton of that info in one place too. Only been using Koy for about a month but I'm in love w it

>> No.13425012

>>13424953
its driving me nuts

>>13424963
Should be buying LCI every week

>> No.13425036

>>13424963
there are several dozen better stocks with more volume and deeper into oversold territory, why are you shilling LCI in every thread? your shitty stock is down 55% over 12 months and 78% over 5 years. its trending downwards and hasnt made any major moves besides its massive selloff in August of last year

leave this thread and go play with your gay little internet coins you dumb faggot

>> No.13425045

I can't believe you guys are still into healthcare. The election season is just going to destroy it even more.
It was already volatile enough bros.

>> No.13425056

red pill me on stocks - how do you buy them, do you really own them or is it just gambling?

>> No.13425060
File: 55 KB, 900x810, sqQlid7.jpg [View same] [iqdb] [saucenao] [google]
13425060

>>13425036

rude

>> No.13425063

Can someone explain why Amazon is bulling out but Alibaba is bearing? All the news I read would point to the opposite?
is it just earnings pump?

>> No.13425071

>>13423916
>>13423935
I don't have any money until a month from now probably since I need to take care of some personal finances.

>> No.13425090

>>13425056
Options is gambling but in the same way that you gamble on sports, except easier. Like making a bet on whether or not the Patriots or a team composed of middle schoolers win.

>> No.13425099

>>13425090
nice troll. options stole my wife and rekt my house

>> No.13425102

>>13425090
but how do you actually buy shares?

>> No.13425125

>>13425102
Through a broker or if you're weird I'm sure there's a way to be your own broker.

>> No.13425128

>>13425112
>>13425112
>>13425112
NEW THREAD

>> No.13425134

>>13425102
through a broker. Robinhood has free purchases and sales. I use Ally, which charges me 3.95 per trade. Use the internet for what you think is the best one.

>> No.13425192

>>13425134
>>13425125
isn't that like gambling tru a booky? like those forex market makers

>> No.13425316

>>13425134
Reminder that Ally charges 2 cents per share for any trades of a stock that's under $2 per share.