Official Investing Thread

$3 that expire in june

avg price is .045; they were up to .12 about 15 days ago. now i'm about even

 

Time to cancel that Model 3 order. Sorry friend.

 

they all just got discounted $2,000.00. can prob buy some inventory via tsla bankruptcy in about 6 months

 

$AAPL drilling the core of the earth and USDJPY down over 5%.

 

This AAPL story is huge for the market.

 

Glad I bought some when I thought 160s was low

 

Same

 

Going to keep throwing my normal monthly contribution into my 401K and Roth, both on basic target date retirement plans and hope for the best for now.

I assume that’s not a complete mistake?

 

Only better thing to do is increase your monthly contribution.

 

Re: AAPL

All I heard was “something something something goddamn tariffs!”

 

Thoughts on NIO?

 

Great time to buy. Warren buffet turned it into one of his largest holdings 20% higher. AAPL is one of the premier technology companies in the US. It may get lower but I’ll just be buying more. Loving this pull back. Buying a little bit every day as long as we are lower than the previous time I bought.

 

Just checked my 401k account and was pleased to see that my yearly performance jumped from -6% the last time I had checked up to -.19% and then remembered it's a new year that's just getting started

 

First Mean Gene, now this. Shut it down.

 

I’m with you, I’m buying on the downturn but respectfully I disagree on AAPL.

Buy quality companies that have got swept up in the downturn and lost huge market cap in the process. Like Boeing with a 10 year contract back order and huge growth. Or Amazon who is still taking over the world (Amazon gas stations coming soon???) yet 25-30% off its highs.

Apple is falling but for good reason. Their sales are going to start falling precipitously if they aren’t already. They have zero innovation and they are hiding iPhone sales. Why is that? Don’t be the sheep following Buffet on this trade. He has lost his ass on his AAPL purchase. He doesnt know tech as well as he does the rest of the market (see IBM).

I have humility on this issue as well. I once bought ORIG because it was “low”. That’s not a strategy. Apple is low because their sales are declining, they are hiding sales and they lack innovation. What’s the catalyst to turn them around?

And to be clear I’m not comparing the companies Apple and ORIG. Only the strategy of buying a stock because it’s low.

I’d rather buy a high quality company that has been swept up in the downturn.

 

With all due respect comparing aapl and orig is not a good comparison in anyway shape or form.
That being said, I hear you on aapl and Buffets misses on technology.. I have never been a huge fan. However, they are a well run company that has a product people can't live without. I feel like i am overexpose to financial so was trying to balance out by buying some technology. Any technology companies you like?

 

Up to 375 shares of aapl. Bought another $10k worth at the open

 

Headline this morning China has comparable devices at a fraction of the cost. Wonder how we got here?

 

Here's an idea for your next investment in the stock market.

Give me 10k. I'll give you nothing back, ever. It will make me happy and you will be happy knowing you did a nice thing.

The end.

 

I really like ttwo long term.

 

Microsoft.

P/E of 25 which is sorta healthy but they had 19% yoy top-line growth ($24—>$29 billion), 29% yoy operating income growth, 34% yoy net income growth, 36% yoy EPS growth. Cloud computing sales are up 76%. Gaming sales up 44%.

Satya has completely transformed that company into a monster.

They are exactly what I’m talking about when I say a great company being thrown out with the bath water.

My thoughts on AAPL two months ago:

 

I'll read their k today or tmrw. I'm gonna buy an option on them this month.

 

GE looks drunk.

I may have posted the same thing in another thread.

 

Ge is very lucky they have a $40b credit line. If those banks pull that back they are a 0

 

Pretty sure buying aapl any time it’s been down has been a money maker for forever

Now that I’m doing it I’m sure it’ll go down a zilli

 

OK, buying some msft just for you!

 

They would have to violate covenants and there and virtually no covenants. The revolver also undrawn as of last quarter.

 

2/40 has been drawn as of about 6 weeks ago. they're going to generate $0 in free cash flow any time soon, so theyll be using that to pay their dividend.

should be fun

 

my avg price is $148.31. so will be ok

 

I concur with this. I got in a few years ago near $40 range and wish I would have just kept pumping money into them. As someone who works in IT I believe they are going to continue to kill. I'll spare you the technical detail but the bottom line is they are pretty much a monopoly in the corporate world, that has about a billion solutions to upsell. They also can do this and undercut competition, many times offering multiple solutions for a cheaper price as a bundled service.

There's an older IT saying that no one ever got fired for going with IBM. I don't even know that there is an alternative to even consider in this case. It's just not realistic to move away from Microsoft on a number of levels outside your niche market/software etc, just because they touch so much. There's simply no way you can save money moving away from them and they are charging "crack-like" prices. Even if they hit a spell they could raise their costs and the junkies will pay. I seriously think US vs. Microsoft Corp round two will be here within the next ten years, probably sooner.

I'm now going to buy some more you jerk.

 

Baidu, Alibaba, and Tencent. It's both a technology investment and a currency investment.

 

I think there’s a case regarding AAPL hitting critics mass and whether or not they’ll thrive or crash in the post-Jobs era.

I argue they are not there and will never see the success they did under Jobs.

I’m not convinced their products are irreplaceable in the market place, nor that they have the game-changing innovative products coming down the pipeline to be the company they were 10yrs ago.

If you want a recently depressed company, look at JNJ: took a giant hit after the Reuter’s and NYT articles documenting their talc story.

 

jnj is fucked. i went to a trial academy course that mark lanier had--he has like 13 billion in verdicts--and he is the main guy on the talc case. from what he was saying. they 100% knew asbestos was in the baby powder.

as a side note, funniest thing he did was when he was talking to the jury he wouldn't touch the baby powder bottle. he paid someone to encase the bottle in a clear plastic box. he doesnt want to touch the baby powder because it's dangerous! guy is a genius.

 

So you agree they are currently an undervalued asset, or you’re thinking the breadth of their product portfolio will not be able to endure the talc settlement?

 

The dividend is a penny so it is inconsequential. Regardless of operating cash flow, they have a lot of levers to pull to raise cash (BHGE, backdoor equity raise via Healthcare spin which will fund a dividend to the parent when it levers, continuation of asset sales at GE Capital, etc). Keep your eye on all those levers.

 

Robinhood seems to be glitched today.

My whole screen is green.

 

Up 5% in one day.

Where are we going to eat tonight?

 

Spoiler

 

For the record I was right in this argument.

Even Jerome Powell himself admitted he was wrong when he bent the knee this past week.

 

Sup AAPL, thought I told you people wouldn’t keep buying your iPhones year after year after year. Suckers.

 

They’re fine

 

yes but using the $ too recklessly as a weapon puts us in a position to lose that status imho

 

So i am setting up a deposit to Td Ameritrade every other week. I want it to automatically make purchases every week but seems like i can only do that with mutual funds and i have to own the fund already. Each fund i want is $3,000 minimum. Are there any alternatives?

i was wanting to do 60% VTSAX, 30% VBTLX, and 10% VTIAX. I could switch to the ETF version of each fund but dont think i can make automatic purchases that way.

 

Buy ETFs manually until you have the $3,000 balance and transfer them to mutual funds?

 

Are there any mutual funds on Td that are similar to VTSAX, VBTLX, or VTIAX with lower minimum purchases? My concern with the ETFs is paying the fee every month will eat away my money