https://www.latimes.com/business/hiltzik/la-fi-hiltzik-lyft-ipo-disclosure-20190307-story.html The IPO registration statement made public on Friday revealed something that smart followers of this supposedly disruptive new industry have known for years: Lyft is deeply, deeply in the red, and it has virtually no prospect of turning profitable any time soon, if ever. In fact, its future resembles the old joke about a business that loses money on every sale, but hopes to make it up on volume. There’s no reason to expect Uber to look any different when it makes its own IPO disclosures, expected later this year. Uber is bigger than Lyft, but otherwise it’s in the same business.
In just the short amount of time since I have owned Boeing they have had three plane crashes. Not sure what to say about that.
I have a Roth IRA investment guidance question for the group; What ETF(s) should I be buying over the next 1.5 years to balance aggressive growth and mitigate risk of an eventual slowdown/2020 election? I am 32 and transfer $230 bi-weekly into my Vanguard IRA account. I have only purchased shares of IJH, VOO, and VYM since ~fall of 2017.
What is your investment timeline / goal for your Roth IRA? If you are using it as a true retirement fund, at age 32, why do you care what happens in a year and a half?
I guess I only care about maximizing growth, IE - missing out on the right ETF over the course of the next 1.5 years.
But seriously, I would continue purchasing VTI if I were you, or perhaps increase your international exposure through VXUS
Are you maxing out your Roth? If you care about increasing your growth, you should max your contributions first as that will have a much bigger impact than trying to time the market.
I would think you don't really need IJH if you have VTI. VTI covers mid cap and small cap. I have mine split up between IVV, IJH, and IJR in a different % than ITOT, which is the VTI equivalent. Otherwise, I would just do ITOT/VTI. Also, same question for VOO, which is covered by VTI.
Killed earnings today. FLNT is trading at $6.45 right now. I got in at @ $4.63......it started 2019 at $2.xx. Wow.
I've watched BA all morning and nearly pulled the trigger at $367, but got skittish. Within 30 minutes, the price jumped to $379. Volume accumulation is starting to tick up at the current support levels. Absent bad news in the investigation, I think we've hit bottom. That said, with bad news, I think the price could plunge to around $300. I think I'm going to hold off for now. lechnerd
What’s the difference between buying and holding VOO versus VOOG? The latter trades slightly more volatility for potential increases in growth?
Yes they track difference indices. VOOG tracks the S&P500 Growth Index which is companies expected to generate cash flow and revenue at a more rapid than average pace.
For those who trade on volatility, here's an interesting article on the VIX chart. https://www.marketwatch.com/story/b...coming-spike-in-the-vix-2019-03-15?mod=stocks
If the cause of the investigation is found and they correct it soon this will be a blip on the radar. The worst case scenario is they find Boeing was complicit in knowing about the problem and not correcting it. Small chance of that IMO. Big picture is there is likely short term headline risk until the cause is found and Boeing corrects it and the stock takes off. Speed regarding finding the cause of the latest crash will be crucial for them with regards weathering this turbulence short term. Unfortunately the black box is in France and they are at the mercy of foreign entities who have no interest in expediency. But they need quick diagnosis so the stock can stop the nosedive and start to soar like it was before the crash. There is still plenty of gas in the tank for this stock. 10 year contract backlog. They are in a market duopoly with Airbus who has a large contract backlog themselves so it’s not like a country and airline can just take their business elsewhere. The investment community knows this too. Look how well the stock has handled this turbulence. I bought the day before their first of three crashes towards the end of 2018 and I’m still looking at a hefty profit compared to where it’s selling today. Since the news is bad you reverse the saying, sell the rumor buy the news. It’s why Boeing was up the day the USA announced they were grounding the planes. It’s why Boeing will be up when they find the reason for the latest crash assuming BA wasn’t acting in a nefarious manner. I think you buy Boeing for a long term hold as there is still a lot of runway given the contract backlog, fantastic cash flow and lack of competition.
Not that I don’t agree with that, but I think long-term it is likely that the Chinese launch some kind of company or conglomerate to try to compete with Boeing and Airbus. Would imagine that they have a large interest in having as much of the aerospace market as possible.
The logistics and technology make that a monumental task. China are the counterfeiting king of the world, that’s their niche. It’s certainly possible they try to buy into different pieces of the process but the industry is insular and by in large takes care of itself.
I don’t think it’s likely in the near term, but 10 to 15 years from now I would put money on it. Just my take.
The Comac C919 is a narrow-body twinjet airlinerdeveloped by Chinese aerospace manufacturer Comac. The development programme was launched in 2008 and the aircraft's Maiden flight was on 5 May 2017. Its first commercial deliveries are expected in 2021 to China Eastern Airlines. The aircraft is designed to carry 156 to 168 passengers in a normal operating configuration up to 5,555 km (3000 nmi). It is intended to compete primarily with the Boeing 737 MAX and Airbus A320neo. As of 31 August 2018, Comac has 1008 commitments including 305 firm orders, mostly from Chinese leasing companies or airlines with the exception of GE.
I know just enough about technical analysis to really get me in trouble, but I think we got a little ways to go before BA hits bottom.
I'm trying to decide whether my 401k money should be going to Traditional or Roth. I've been doing Roth with the employer match going to Traditional. I'm in the 22% tax bracket, which seems to be in no man's land of a decision point for which to go with. My 401k makeup is currently a 63/37 split tilted to Roth. What do you guys do?
I'm in the same tax bracket. I am currently all pre-tax and also contribute to a Roth IRA so I'll have some mix. Is it the right answer? Maybe, but only time will tell.
I've got a Roth IRA I fund as well. I had viewed it as there was no way taxes would be lower in retirement than they were when I started, yet here we are.
If funding the pre-tax would drop my a tax bracket, I'd probably head that route, but I don't make it there.
Me neither, but I still like reducing my taxable income and having a mix of pre and post tax monies to tax plan with in retirement. I'm not advocating you changing from roth to pre-tax btw. I think its six of one, half dozen of the other. You'll find plenty of good arguments for both.
how old are you though i max roth for wife and I each year, but we're ~30 and if taxes are as low as they are now in 30 years we're likely in trouble
I just turned 36. Like I said, I can't see how taxes will be lower in 20 years, which is why I tilted to Roth. But looking to retirement time, I could fill up the lower brackets with pre-tax withdrawals and live off of that with theoretically lower taxes. I max my 401k to Roth plus my Roth IRA. Hoping to fund my wife's more this year.
And I still do with funds from before my company offered Roth 401k and I get a 6% match. Plus a cash balance plan that would be a big pre-tax chunk to roll into an IRA.