They were certainly not prepared for the amount of interest. Neither was I, or I would have bought many more of these things when they were a dollar.
My REITs are skullfucking the S&P the last two months. HT 38.83% VNO 23.60% WSR 20.27% APTS 22.60% SLG 22.46% STWD 21.26% EQR 19.80% INN 16.50% AIRC 9.28% My November REIT pick ups PK 47.28% SPG 45.92% HST 28.21% FRT 25.52%
They trade like any other ticker, msft, aapl, pep, sbux, etc. REITs have ran a lot, I'd be careful with your entry point. Schwab is 'free' but I do notice they charge me pennies when I sell. For example, I sold 100 shares of something last week and it was something like 13 cents.
I've been listening to a lot of earnings calls and reading quarterly reports, I now better understand why a stock will move one way or another despite the headlines.
Can someone give me cliffs on the TGA drawdown? After reading a couple articles it seems like a mixed bag on what it means.
My account total has really fallen off the high. Way too many days with significant losses. Not cool.
Everyone invested in tech especially names like NIO TSLA anything that is ridiculously overvalued should be concerned and focused on yields rising and adjust your investments/risk accordingly. This quote does not always apply to everything.
Obviously not, but as a general statement it holds true. Disclaimer: I am not a financial advisor and my comments should not be viewed as such.
For sure and nor am I. If you have an equal weight SP500 fund you are correct to just set it and forget it.
I have four accounts: Roth IRA, traditional IRA, Schwab managed portfolio and a brokerage account that I mess around and trade. I don't really care about the activity in the first three since they're more long term. 75% of my brokerage account is in Apple, Tesla, Microsoft, ARKG, VTV and VO.
Gotcha, yea with that make up your account is going to be pretty sensitive to the 10 year. Mainly Tesla, ARKG, and aapl to a degree.
Went for a nice walk on the cliffs along the coastline this morning. Should've taken a literal dive off the cliffs instead of coming home to this metaphorical one.
I assume the answer is yes, but I’m 25+ years from retirement. My Roth holds a little bit of Apple stock and a Tech ETF, keep riding these? I don’t actively buy them, just got some awhile ago and was planning on holding them for like a decade.
Am I understanding this correctly- fed is signaling that inflation may be real in 2021 which would mean they would likely take action to address....mainly increasing interest rates. Increase in interest rates means strong bonds and bonds are already moving in response to this. Low yielding bonds have been good specifically to tech stocks so a strengthening treasury yield is weakening tech stocks? Across all my retirement and brokerage accounts I'm probably 85% S&P 500 the rest is a mix but a lot of tech- my RH account specifically has been getting ravaged for a month now. I've been DCA down a good bit these past two weeks but the above is making me think this could be a longer term bear and not a small blip few red days/weeks?
we're going to have like a 9% gdp growth in second quarter, I think any long term bear outlook is foolish imo
stimmies won't touch what the projected GDP growth path we're on would if it stays on target, it'd have us outpacing pre-pandemic growth targets within this year
The fed views inflation as "transitory" and they say they will not be taking action to address it because they don't view it to be a problem, in fact they would like for inflation to run a little bit above their target of 2% for a while. The reason bond yields are moving upwards is because there is a demand problem, too much supply and not enough interested buyers, for numerous different reasons but yes inflation is a key reason. (As for your last sentence bond prices have actually been extremely expensive *See ticker TLT* because the biggest buyer bidding up prices is Jerome and his printer with QE , which in turn suppressed bond yields. Now we've reached a point where the bond market isn't satisfied with 80 billion a month in bond purchases(QE) with inflation possibly hanging over its head) The back drop to all of this is also something that should be noted: We currently have debt to gdp at 130%, we have a major current account deficit due to the petro dollar, and so the kicker is its actually in the Feds best interest to let inflation run hot and keep treasury yields down... but that is a whole other ordeal. Yes, because when you buy growth stocks you are buying future growth/revenues/sales. An increase in rates dramatically changes the discount cash flow analysis of a growth stock which in turn changes the fair valuation of what that stock is worth right now. This will really hammer the ultra growth stocks see TSLA and anything in ARKK. This is all difficult to comment on because what I say now might be different in 3 weeks due to the nature of the FED. By that I mean they like to have markets play out and only react when there is a fire (see Q4 2018). The rise in rates is a legit risk to growth stock valuations and if it continues to go up tech will get ravaged. But the fed also has numerous paths it can take to start to alleviate some of these things like Yield curve control and operation twist but that entails taking on more to their balance sheet. I'm watching because I think there is more to unfold. The coming weeks will have a couple interesting events. -10 year treasury auction is next Wednesday 3/10, last week we got a sell off when the 7 year treasury auction was abysmal spiking yields. -The next Fed meeting is 3/17. This is not investment advice I'm most definitely not an economist, I just have taken a liking to learning about the macro picture since we are in a unique time that probably hasn't happened in US/world history since the 1940's.
If you got them a while ago (depends what is a while ago) they are fine Apple is a rock solid company and tech etf is a broad exposure to a sector that will obviously grow. But its not absolute home run like people think it is if you have bought anywhere in the past year, there is a decent chance your apple or a tech etf will underperform for the next 5 years. Not saying it will for sure but you've increased your odds when you are purchasing at these valuation levels with the current environment as good as it can possibly be for tech stocks. Thats why this rise in yields is making tech stocks wobbly, these valuations are lofty even for apple that makes $ hand over fist. The mantra on here is stocks only go up, buy and hold, blah blah blah. But it also depends on when you purchased things. If you purchased the SP500 from a rough period of 1999-2001, there is a good chance you didn't see positive returns on that purchase till 2007. Or if you bought Microsoft in 99/00 you didn't break even until 2014.
Thanks for the post. My thought was hang onto Apple as a long term play, but maybe dump the tech ETF while I can. Either way, they’re both a very small % of my Roth, which in general is only a couple years old when compared to my 401K I’ve had for almost 8 years. Im still kind of getting the hang of when to “worry” when it comes to retirement accounts since I’m in my low 30s. Same with when to move things to a tad more conservative when I reach my 40s or whatever. Honestly, it was a lot easier to just “ride the wave” when I didn’t have my Roth. Now that it’s tied to my TDA account I see the damn thing anytime I log in haha
While on the topic, does anyone have any mutual funds they’d recommend/have looked into that aren’t overly conservative but a little bit different than what I’d get with my S&P500 funds. Sometimes I get nervous there’s only a handful of companies carrying the index.
VTSAX is Vanguard's "Total Stock Market Index Fund" and contains 3604 stocks - https://investor.vanguard.com/mutual-funds/profile/overview/VTSAX/portfolio-holdings Expense ratio 0.04% Month-end 10 largest holdings (23.60% of total net assets) as of 01/31/2021 1 Apple Inc. 2 Microsoft Corp. 3 Amazon.com Inc. 4 Alphabet Inc. 5 Facebook Inc. 6 Tesla Inc. 7 Johnson & Johnson 8 Berkshire Hathaway Inc. 9 JPMorgan Chase & Co. 10 Visa Inc. The equivalent ETF: https://investor.vanguard.com/etf/profile/vti
Not sure myself. I’ll admit the 401K was opened when I started my job and I was like 24, so just opened it because I thought that’s what I’m supposed to do. Was all going into a target date fund, until 6 months ago I started putting a little bit into a fund that tracks S&P. I’ll have to look at fees.
I tried to look at statements and there’s no mention of what the fees are. The only thing I see on the statement is a “record keeping services” debit, and it’s like 9 bucks a quarter.
Fees will be in your plan information somewhere but other than knowing what they are there's not much you can do about them (unless you work at a small company/know the admin/are doing a solo). Mine are in a brochure that discloses them that is available on the plan website (Fidelity). I'd just be conscious of the expenses for the funds you're invested in since you have control over that.