Official Investing Thread

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

  1. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    Big swing today on Powell saying only 50 bps instead of 75 in December.
     
  2. BP

    BP Bout to Regulate.
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    The market is absolutely ripping the last 3 hours
     
  3. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Part of this has to be the new bill avoiding railroad strike, right? Now just Powell?
     
  4. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Consensus for months was that there never would be a strike
     
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  5. Arliden

    Arliden Well-Known Member
    Donor

    this is nothing new
     
  6. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    Too bad it didn't wait a day for my overtime paycheck to drop in
     
    brolift likes this.
  7. houtex716

    houtex716 let's have a beach party
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    Texas Tech Red RaidersHouston AstrosHouston RocketsKansas City Chiefs

    Schwab Roth IRA was funded with the $6k, now I need to decide if i want to manage my own account or have an intelligent portfolio since i dont really know shit about investing
     
  8. TAS

    TAS 20_ _ TMB Poster of the Year
    Donor

    I think most will recommend not to pay fees for your portfolio management, just find a total stock market fund to make regular contributions to and you'll come out on the right side of things
     
    houtex716, construxboy, jcb-r and 2 others like this.
  9. jcb-r

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

    I would just put it in VTI.
     
    construxboy likes this.
  10. The Milkman

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

    I sold at the money covered calls expiring late december for my potential tax harvesting equities today near close. Win/win
     
    brolift, jcb-r, Tug and 1 other person like this.
  11. ScFan27

    ScFan27 Well-Known Member

    Closed my calls about 30 min before close. Felt bad man.
     
    The Milkman likes this.
  12. houtex716

    houtex716 let's have a beach party
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    Texas Tech Red RaidersHouston AstrosHouston RocketsKansas City Chiefs

    from what i can tell Schwab has an "intelligent portfolio" that didn't have any fees. gonna check it out and see what it says
     
    TAS likes this.
  13. burnttatertot

    burnttatertot the tastiest of tots
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Yeah, sorry, I have no experience on the app.
     
  14. Sportfan

    Sportfan From Six to Dumptime

    Idk it’s still kinda sick to me that had today’s labor report been “awful” the equity markets would have spiked.
     
  15. C A N E

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

    Only in America do we punish investors for people being employed
     
  16. brolift

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

    It's good actually.
     
  17. ScFan27

    ScFan27 Well-Known Member

    It’s all about how institutional investors view this data effecting the fed and their rate decisions. Strong labor market may incline the fed to continue raising rates. I saw an interesting chart that most of the equity market declines in recessionary periods happen when the fed begins to cut rates.
     
  18. C A N E

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

    if the end goal is to get prices down to pre inflation levels, we all know that’s not going to happen. Inflation seems to have peaked. Let the higher wages combat it and keep rates level for a while.
     
  19. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    I don’t think Deflation is the goal
     
  20. brolift

    brolift Well-Known Member
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    dawg they trying to inflate away the debt without popular uprising
     
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  21. Bo Pelinis

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

    Jobs report kicked ass. Economy grew by 2.9% in the third quarter. Last CPI report was nice. Gas prices are back down under $3.00 in a lot of places. WHAT ARE WE EVEN DOING HERE
     
    Lyrtch, C A N E, Sportfan and 2 others like this.
  22. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Good info

     
  23. Sportfan

    Sportfan From Six to Dumptime

    Yea this is what I’m saying. Seems like if you were hoping for a soft landing you have reason to be optimistic.
     
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  24. Arrec Bardwin

    Arrec Bardwin He ain’t me, he can’t be me
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    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    As long as they don’t go back to hiking like crazy I agree. They should pause and let the ripples go out and see where we are in 3-6 months.
     
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  25. C A N E

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

    For some weird reason the Sam’s by my house has gas 40 cents cheaper than anywhere else nearby. Constant lines. $2.71 this morning
     
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  26. pennstate2012

    pennstate2012 Well-Known Whore
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    Pittsburgh SteelersPenn State Nittany LionsPittsburgh Penguins

    Not an expert, but wholesale clubs always seems to discount gas. Add to the fact wholesale gas is down 15% in a month with that demand, and it makes sense.
     
  27. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I paid $4.89 last night :crossedarms:
     
  28. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I had an intelligent portfolio brokerage account for about 18 months. It wasn’t bad- there were a few benefits. However, the portfolio parked a portion of my account in cash. Even though I selected the most aggressive strategy. Not ideal.

    In my elementary Roth IRA investment recommendation, a mix of SCHD, QQQm, and a S&P500 etf is a relatively ideal strategy.
     
  29. poetictrojan

    poetictrojan Well-Known Member
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    Almost all retail gas stations have doubled or tripled their margins taking advantage of the increased inflation/ blame Biden narrative. I have a fueling service for the fleet of vehicles my company runs and our diesel price is about 18-20% under retail right now when it is typically 5-7% cheaper because they haven’t increased their margins.plenty of room for stations to make price plays like that.
     
  30. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Team transitory and soft landing forever
     
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  31. C A N E

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

    I’m kinda enjoying this 3.25% apy from sofi.
     
  32. construxboy

    construxboy xenForo is the new TMB
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    I remember a review of them I read early this year and that was the biggest con of all of the different plans: They keep more money that necessary in cash accounts for obvious reasons, even on aggressive strategies. I hate carrying cash that I want to invest so I decided to skip those type of robo accounts.
     
  33. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Yeah I enjoyed it for the automatic deposit, reallocation and a little more diversity than I typically would have. When I canceled and they asked why, I told them due to the cash. The girl was like we’ve heard that before.
     
    construxboy likes this.
  34. TAXTAXTAX

    TAXTAXTAX Well-Known Member
    Donor
    Florida State Seminoles

  35. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    So VMFXX (Vanguard Federal Money Market) is yielding roughly 3.25%, I keep alot of cash there as a settlement fund for brokerage and the yield has been nice. Thinking about moving more cash there, but it's not covered by SIPC or FDIC.

    How do you guys look at money markets? Most of the fund is US treasuries or securities collateralized by US govt obligations so feels like it would take a nuclear war to depeg from $1 but the insurance thing has me thinking twice, probably irrationally so.

    Any special insight from the thread or have I pretty much summarized the pros / cons?
     
  36. Bo Pelinis

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

    The only time I'm aware that the money market dropped under $1 was when Bear Stearns/AIG/Lehman collapsed and it looked like GE (iirc) was going under. That's as much why the govt bailed out the banks as anything. Money market funds losing money was a worst case scenario for so many people in the country. Thinking it would need to be that level of event and someone in charge that refuses to do anything to fix it.
     
    Whammy likes this.
  37. Bo Pelinis

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

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  38. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Nice I didn't remember that...seems like backing by USG is fairly implicit even if not a formal obligation, thanks for sharing.
     
    Bo Pelinis likes this.
  39. Oranjello

    Oranjello Well-Known Member
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    FT reported that 70% of the withdrawal requests came from Asian investors potentially looking for liquidity to meet obligations arising due to the CRE market collapsing in China. Thread overlooks something of that nature, so, if true, may not be as much of a harbinger as implied in the thread.

    https://www.ft.com/content/e1ddc6f0-eb0a-4d52-8971-b1d9c2cb5c02
     
  40. Ty Webb

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

    RYPQX. Not fun to work at TD Ameritrade around that time.

    https://www.wsj.com/articles/SB10001424052748703440004575548362968809580
     
  41. Arliden

    Arliden Well-Known Member
    Donor

    Eventful week ahead.
     
    Sportfan likes this.
  42. Sportfan

    Sportfan From Six to Dumptime

    Who wants to guess tomorrows CPI result? Too many things aligned last month in my mind, thinking we disappoint and then have a good one again in January.
     
    Tug likes this.
  43. brolift

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

    could be higher, might be lower. time will tell
     
    Sportfan likes this.
  44. construxboy

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

    Where's that Bill Kurelic gif when I need it....
     
  45. Sportfan

    Sportfan From Six to Dumptime

    that’s not any fun
     
  46. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
    Staff Donor TMB OG
    Kansas JayhawksKansas City RoyalsKansas City ChiefsNewcastle UnitedBig 8 ConferenceFormula 1

    I don’t know enough to elaborate/explain, but this MMTLP stuff seems sketchy
     
    Ty Webb likes this.
  47. brolift

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

    0DTE SPY straddles n strangles for fun.
     
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  48. Sportfan

    Sportfan From Six to Dumptime

    Wasn’t expecting a dividend from SCHD so early this month but I’ll take it.
     
  49. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

  50. Oranjello

    Oranjello Well-Known Member
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    Going public at $14/share and then being taken private at $8/share approximately 15 months later has to be some kind of record. Also… maybe securities violation?
     
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