Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

  2. Wee Bey

    Wee Bey I’m done giving CACs the benefit of the doubt
    Donor

    By 0 percent inflation in july is that what the dorks meant by transitory? Lyrtch
     
  3. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    if inflation comes down to what forward predictions are currently without large spikes in unemployment or dramatic GDP contraction

    yes

    transitory wins
     
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  4. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i do find it very funny the outrage from people who don't seemingly understand how inflation is measured (or who have other partisan reason to feign ignorance) are big mad that Biden said July inflation was 0
     
  5. Wee Bey

    Wee Bey I’m done giving CACs the benefit of the doubt
    Donor

    Buddy, July was last month
     
  6. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    yes i understand, i'm talking about YoY rate regarding forward bets
     
  7. user15000

    user15000 Well-Known Member

    Lol at pretending to know how CPI is measured.

     
  8. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    [​IMG]
     
  9. user15000

    user15000 Well-Known Member

    Legit though, you don’t have the slightest clue. That thread is comical.
     
  10. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Yes thank you the bitcoin psycho sharing tweet threads from nobodies is very convincing. Let's see some M2 charts next so we can do the full ideological circle.
     
    TAXTAXTAX likes this.
  11. user15000

    user15000 Well-Known Member

    When in doubt and with nothing to add, labeling people psychos and “nobodies” with info you can’t refute is definitely the way to attack an argument.

    The fact you still defend the transitory nonsense is telling enough. If by that you meant “cpi might come down eventually but we don’t know when and prices are never coming back down to the levels they were at before,” then congrats I guess. I’d think you’d get tired of carrying central bankers’ talking points when they’ve been wrong about nearly everything of substance for a decade+.
     
    Wee Bey likes this.
  12. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i actually read that thread, if you edited out some emojis and editorializing you'd be hard pressed to reflexively think those changes are bad. most are changing the % of and what's in the bucket based on survey consumption data, others are changes to procure better data.

    and no I don't feel an obligation to defend an argument you didn't make, but a 40 tweet thread from someone who again, has no credibility and I don't know and I can't get them to discuss
     
  13. user15000

    user15000 Well-Known Member

    Those changes could also be summarized as “make number go down,” but sure.

    Wasn’t my point anyways. You laughing at people who don’t know how CPI is measured is a self-own. Projecting your view of all of those changes as getting “better data”…based on your feelings I suppose. Awfully convenient to paint with such a broad brush.
     
  14. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    yes laughing at people who think Biden lied is funny because they didn't understand what he was saying but got sufficiently angry at 10 second clips on twitter as intended.

    but also yes your feelings that there is some grand fed and fiat conspiracy do make you assume things without evidence
     
  15. user15000

    user15000 Well-Known Member

    Who said anything about a conspiracy? Just a bunch of incompetent central bankers and a system designed to fail. Doesn’t take any conspiracy to realize that quite a few changes to cpi calculation have had the effect of lowering the number it spits out and that high cpi = bad for politicians in charge.
     
  16. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    we still doing shadowstats or are you fully in the crypto "its immeasurable, its much higher than measured, but no i cant show why"
     
  17. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    had this same argument so many times its like seinfeld just came on
     
  18. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    Really glad you two decided to go at it in here too
     
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  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    you're welcome
     
  20. user15000

    user15000 Well-Known Member

    Meh. I’ve told you my position on this multiple times. Framing it as a “crypto” view of CPI is silly. I just sold all my btc, position is the same, now what…
     
  21. fish

    fish Impossible, Germany
    Donor
    Los Angeles DodgersLos Angeles RamsLos Angeles KingsSouthern California Trojans

    How about you both just give us a list of 5 picks and we chart it to see who's right? No one in here cares about anything other than growing our money.
     
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  22. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    no im a nerd so i follow it for completely irrelevant reasons for wealth management beyond learning that bogleheads is the best method
     
  23. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    Fixed
     
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  24. Arliden

    Arliden Well-Known Member
    Donor

    We shall see, just from a nerd perspective it will be a really interesting 6 months to watch.
     
  25. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    I agree with your VINIX take. It’s a large cap blend similar to PDGIX. The TTM yield is 41bps higher (positive) and the expense ratio is 45.5bps lower. Saying that, PDGIX has outperformed VINIX over the past 1 & 5 year periods. That’s not unusual for managed funds in a significant market downturn like we’ve experienced. Either fund is a good large cap blend horse to ride long term.

    68CE38E6-B04D-4F6F-8E71-8CEDE11AE23F.png

    16997CCB-6576-4786-8716-EAA3D334FC51.png
     
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  26. Hatfield

    Hatfield Charlie don’t surf
    Donor
    South Carolina GamecocksWashington NationalsFulhamTiger WoodsGrateful Dead

    MTTR up ~40% today. Had been taking a beating, so nice to see some signs of life. I've been seeing the produce more on Zillow and a few CRE sites, hope it's starting to take hold. Not sure why every apartment/house isn't using it for 3D tours/imaging
     
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  27. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    The last month has been a lot more fun than the previous 7.
     
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  28. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    FUBo and JMIA with some nice moves the last couple days. If they can just (checks notes) triple from here, I can be green again.
     
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  29. jcb-r

    jcb-r Back and better than ever
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Green is good right?
     
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  30. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Requested a distribution from an old employer sponsored 401k on Friday and I don’t think it’ll be deposited into my Schwab rollover IRA until at least later this week. So of course this week will be filled with huge gains.
     
  31. Sportfan

    Sportfan From Six to Dumptime

    see you have to alert this thread so we can profit

    Like if y’all wanna short the market now, this is the fourth time my portfolio has been within a few percentage points of a very significant milestone, and the three previous times the market absolutely fell off a cliff.
     
  32. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I told my buddy earlier today that I’ll let him know when I buy back in so he lock in some profits or hold off on buying for a few days.
     
    Sportfan likes this.
  33. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    Buying the dip, selling covered calls has been good to me this year. I was down 6 figures in March. Thank you AMZN and BA.
     

    Attached Files:

    #28133 The Milkman, Aug 11, 2022
    Last edited: Aug 11, 2022
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  34. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    What’s your strategy to mitigating risks of actually selling your assets with the covered calls?

    Edit: and congrats on the #s!
     
    The Milkman likes this.
  35. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    It’s a game you have to play in bear markets. I usually sell weeklies on any spike, with the hypothesis of regression to the mean. 5% out of the money on spikes has been my sweet spot, it adds up cumulatively

    I’ve had to sell 400 BA shares and 300 AMZN shares below value this year. But it doesn’t affect bottom line because I’ll tax harvest my passive portfolio to breakeven on taxes.
     
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  36. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Nicely done. End of the rally confirmed tho.
     
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  37. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    Yes, getting close to taking a bit of profit and waiting it out again
     
  38. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    can u smell the euphoria?
     
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  39. bcuga

    bcuga Administrator
    Staff Donor TMB OG
    Georgia BulldogsAtlanta BravesAtlanta HawksAtlanta Falcons

    Sold some things to harvest some losses earlier in the year and bought back some stuff on the cheap. The securities bought have already earned more in unrealized gains today than the loss I took earlier this year that will save me on some taxes.
     
  40. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Lol like clockwork
     
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  41. fsugrad99

    fsugrad99 I'm the victim here
    Donor
    Florida State SeminolesTexas RangersAustin FCNXTAEW

    You can have your ETFs and your Index funds

    Real chads invest in race horses that run exclusively at shady tracks
     
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  42. hood b. goode

    Donor
    New Orleans PelicansNew Orleans Saints

    All time bag getter

     
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  43. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Dudes rock
     
  44. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    Listen, I think Biden is so far gone, it’s sad.

    but everyone should know what he meant about inflation being 0 in July.
     
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  45. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Go FUBO go
     
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  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    thank you
     
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  47. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    Couldn't help myself last week, had to wet the beak w/JMIA
    JMIA.PNG
     
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  48. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Nice. To me FUBO and JMIA are both 0 or moon plays. I could be wrong, but I don't see how either "sort of works". They will either wildly succeed or go under. That is especially the case for FUBO.
     
  49. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    They’re high beta risk assets.
    FUBO beta = 3.5
    JMIA beta = 2.88
    SPY beta = 1.0

    Good traders love beta bc it is leverage. If you know what you’re doing you can make money trading high beta. If you don’t you’re likely liquidity for someone else.
     
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  50. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I can confirm as somebody who has provided lots of liquidity for someone else on both tickers
     
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