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    Friday, December 1, 2017

    This feels like free money. Investing

    This feels like free money. Investing


    This feels like free money.

    Posted: 30 Nov 2017 06:51 PM PST

    I am a 20 year old who put 10k into index funds a year ago. 20% Canadian, 40% US, 40% International.

    I'm not gonna lie, I love this shit. This feels like free money. There's no better feeling than going to classes and checking my portfolio in the middle of a lecture, and BOOM, $50 gains that day!!!!

    I know $50 is nothing to a lot of you guys but as a student who is used to making min. wage, that's like 5 hours of work. And I did absolutely nothing to earn it!!

    Feels so good to make my money work for me.

    Also, ever since I started investing, I pay more attention to the world news and have become more conscious of my spending. Thank you reddit for teaching me financial wisdom at an early age.

    inb4 2018 great depression

    submitted by /u/CleverUseOfMeme
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    The DOW has crossed 24,000 for the first time.

    Posted: 30 Nov 2017 06:48 AM PST

    Broke 23,000 on October 17th, 2017.

    The Dow has spiked nearly 6,000 points since President Trump's election last year, notching 79 daily record highs since then.

    The S&P 500 and Nasdaq are also near all-time highs. The latter is up a whopping 30% since the election.

    The boom in the stock market is a clear reflection of improvements in the U.S. economy. New numbers published on Wednesday show the U.S. grew at a brisk 3.3% pace between July and September, the best growth since 2014 and the second-straight quarter of 3% growth.

    http://money.cnn.com/2017/11/30/investing/dow-24000-stocks-wall-street-trump/

    submitted by /u/gronkspike25
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    Warren Buffetts market indicator (total market capitalization to GDP) breaks 140%

    Posted: 30 Nov 2017 04:15 PM PST

    S&P 500 Best and Worst, November 2017

    Posted: 30 Nov 2017 08:59 PM PST

    S&P 500:

    • 1 Month: +3.07%
    • 1 Year: +22.9%
    • No new additions

    By Style

    • Growth: +2.8%
    • Pure Growth: +2.4%
    • Value: +3.4%
    • Pure Value: +4.7%

    By Sector

    • Telecom: +6.0%
    • Consumer Staples: +5.7%
    • Consumer Discretionary: +4.9%
    • Industrials: +3.9%
    • Financials: +3.5%
    • Healthcare: +2.9%
    • Utilities: +2.8%
    • Energy: +1.8%
    • Technology: +1.1%
    • Materials: +0.99%

    Top 10 Performers

    • Foot Locker (FL) +42.4%
    • L Brands (LB) +31.7%
    • Qualcomm (QCOM) +31.2%
    • Mattel (MAT) +29.2%
    • NetApp (NTAP) +27.2%
    • Macy's (M) +26.9%
    • Kroger (KR) +25.5%
    • Gap (GPS) +24.3%
    • Advance Auto Parts (AAP) +23.6%
    • Twenty-First Century Fox (FOX/FOXA) +22.4%/+22.1%

    Worst 10 Performers

    • Envision Healthcare (EVHC) -25.0%
    • Newell Brands (NWL) -23.5%
    • CenturyLink (CTL) -20.3%
    • Signet Jewelers (SIG) -20.2%
    • Incyte (INCY) -12.6%
    • Autodesk (ADSK) -12.2%
    • Western Digital (WDC) -11.7%
    • Electronic Arts (EA) -11.1%
    • Symantec (SYMC) -10.6%
    • Regeneron (REGN) -10.1%
    submitted by /u/quaxch
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    I want to learning how to invest.

    Posted: 30 Nov 2017 07:19 PM PST

    I am just wondering if there is something out there to practice trading? I don't have the money yet to start investing yet but when I do i'd like to know somewhat of what I'm doing.

    submitted by /u/ItsEikon
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    A question for those who saw the sector rotation coming this week

    Posted: 01 Dec 2017 01:19 AM PST

    I accept the market isn't always rational. Often stocks rally and often they drop for little reason, but the tech drop this week bothers me because there was a good reason for it yet I feel like I and a lot of people here didn't find out about what was happening until we were already 5% down. Obviously there were people in the market who saw it otherwise they wouldn't have been selling, but the community here seemed fairly blindsided by what happened.

    So if you saw coming, how did you know?

    submitted by /u/kriptonicx
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    Does anyone else think this market just seems flat-out insane?

    Posted: 30 Nov 2017 09:44 AM PST

    I sold off a good bit expecting a correction because this seems unsustainable. What are others thinking/doing about where the markets are right now? Staying put, getting out?

    submitted by /u/biffbagwell
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    If SIPC covers only $500,000, is it still a good idea to have mutual funds worth more than $500,000 in one Vanguard brokerage account?

    Posted: 01 Dec 2017 03:18 AM PST

    Now is the time to buy Canadian marijuana stocks

    Posted: 30 Nov 2017 07:37 PM PST

    I've been holding for a long time: - Aurora Cannabis (ACB) - Canopy Growth Corporation (CGC) - The Canadian ETF (HMMJ)

    I have seen incredible returns in the last three years and it's a long way from over.

    submitted by /u/killawhaletank
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    The DOW has crossed 24,321 for the first time ever.

    Posted: 30 Nov 2017 12:00 PM PST

    I bought 4 stocks at 5.25 each on Degiro, yet my balance doesn't add up. I'm confused

    Posted: 01 Dec 2017 01:27 AM PST

    So i decided to just hop into the stock world and play arround a bit on Degiro. (Yes, i am reading guides and will barrow a few recommended books this weekend)

    I deposited €100. decided to buy a couple of stocks for a cannabis company. i placed buy order for 5.25 for 1 unit and a bit later 3 more @5.20. price at the time was 5.20 something.

    So someone sold me his shares and instantly my balance dropped by €15.

    Now my total balance is listed as only 85.50 even tho the stocks i bought havent dropped in value, they actually went up a small bit. So where did the other €15 go? I tried doing some different orders yesterday aswell but I eventually canceled them. did i perhaps pay fees on this?

    submitted by /u/Alpropos
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    Blue Apron CEO Salzberg Steps Down, to Be Replaced by CFO

    Posted: 30 Nov 2017 04:34 PM PST

    https://www.bloomberg.com/news/articles/2017-11-30/blue-apron-ceo-salzberg-steps-down-to-be-replaced-by-cfo

    Chief Financial Officer Brad Dickerson will replace Salzberg, who will continue as executive chairman, the New York-based company said Thursday in a statement. Blue Apron has begun a search for a new CFO. Shares rose 2 percent to $3.03 in extended trading.

    submitted by /u/COMPUTER1313
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    Question for lifelong and retired investors

    Posted: 01 Dec 2017 12:01 AM PST

    Those of you who are retired and have 1) either a defined benefit and/or defined contribution plan, AND 2) invested in the market consistently in addition to your "retirement account" contributions... Do you continue to put money into the market? Did you change your risk profile as you aged?

    submitted by /u/Giantlumberjack
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    Best value stocks right now?

    Posted: 30 Nov 2017 11:29 AM PST

    I read a lot about the potential for a rotation out of growth/momentum stocks into more traditional value names could be coming in the near future. Most recently, JPM put out a piece mentioning it, and it has me wondering what you guys think are some of the best value names, poised to outperform if this paradigm shift/ change in thesis does come to fruition.

    submitted by /u/TestyFowl
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    How did you met/pick your financial advisor?

    Posted: 30 Nov 2017 07:35 PM PST

    Hello fellow redditors,

    I currently have a little over $600k and actively looking for a firm/broker/banker/financial advisor to invest it with.

    As we all know choosing the right banker plays a major role in succeeding financially.

    What are some tips you recommend I look for or ask when meeting with various bankers/firms to ensure I find the right ones. What do you find most important in your relationship with your banker and how/why did you pick them?

    How active is your financial advisor with your? How often should your banker reach out to you to "check in" with you after you invest your money with them?

    Thanks in advanced for your answers and time!

    submitted by /u/SpareTech_O
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    PHK, Pimco's most aggressive FI CEF is now trading at an 8-9% premium, down from a 5yr average 44%

    Posted: 30 Nov 2017 07:17 PM PST

    Good for those of you who get hard-ons for dividends (13% distribution rate by price).

    If anybody wants to explain some of the more arcane parts of these funds, I'm not opposed. I imagine the premium is getting cut down because it's not able to keep up with the distribution rate and then the initial momentum unraveled it the rest of the way.

    Might be a good buy now in sheltered accounts. The other CEFs trade around 0-17% premiums mostly except poor PCI with a 6% discount. NAV return is solid.

    Competitors that I have written down include GFO DMO MCI ECC CEFL and second tier ARDC, BGT, VTA, DBL, DSL, JRO, JMT, JLS.

    Disclaimer: long PFN; no position in PHK but may buy soon especially if premium falls a little more. It looks like the market noticed today before I did though.

    submitted by /u/kiwimancy
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    Why might limit orders not fill if the market ask price reaches it?

    Posted: 30 Nov 2017 05:02 PM PST

    I've been doing some Googling to understand limit orders, but there's one thing I'm not getting.

    So let's say a stock is 10$. I set a sell limit at 15$. An hour later, the price hits 16$ and holds for 1 minutes, then falls back to 14$. Is it guaranteed that my limit order will fill? If not, why? Are market orders given priority or something? Is there a "line" for limit orders, and I must wait my turn?

    submitted by /u/whiskey_idealist
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    Is now the best time to start investing in the market?

    Posted: 30 Nov 2017 03:05 PM PST

    I know timing the market is never considered a good idea, but what would you recommend to someone who is looking to invest in the market for the first time now? Do you think it makes sense to hold off for another few months to see if there's a correction?

    submitted by /u/teanec
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    Trading isn't for me, want to start investing.

    Posted: 30 Nov 2017 04:13 PM PST

    After losing about all the profits I made trading over this month in one single trade, I've decided the timing game isn't for me. I put a lot of time into a stock, studying the charts, finding a pattern, it plays out. I made around $300 this month trading, got too greedy, and tried catching the knife on tech... yeah.

    I have around $3,300 I just want to put away, and grow over the course of the next 5-10 years. I'm 18 years old, am lucky enough to have the luxury to do this due to scholarships, and working part-time.

    Would the best approach to be pick a value stock in each sector, sit on it or pick out an ETF like VTI or SPY? I do like how with VTI/SPY you get total-market exposure but maybe I'm spreading myself too thin?

    Thanks a ton.

    submitted by /u/covered_calls
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    Why is $CME IV rank so High?

    Posted: 30 Nov 2017 07:36 PM PST

    offering a very nice premium for the 140/135 put spread...massive run-up tho...is it due to the bitcoin futures?

    submitted by /u/TTG2139
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    Can you actually pay less taxes by holding short-term instead of long-term?

    Posted: 30 Nov 2017 11:04 PM PST

    On this sub we commonly see people advocating folks to hold long-term instead of short-term because of the lower capital gains rate. Correct me if I am wrong, but I believe there are actually instances where you would pay less taxes holding shorter terms (less than 1 year or just over 1 year) than longer terms (2 years+).

    Note: I did not refer to common/IRS definitions of "short-term" and "long-term" above but will do so below

    Note 2: The following only applies for individuals in the U.S. for taxes at the federal level, but the same concepts can be applied to other countries.

    Instances:

    1. Investors with short-term gains and income combined under 10,400 . (2017 Personal Exemption + Standard Deduction = 4050 + 6350 =10,400)

    If this applies to you, you should just sell your position because short-term gains are treated as ordinary income and not taxed under 10,400 so there is no additional benefit holding longer.

    2. Investors with long-term gains and income combined under 48,350. (2017 15% Tax Bracket 37,950 + (#1) 10,400 = 48,350)

    At the 15% tax bracket ($37,950), long-term gains are taxed at 0%. Combine this with the personal exemption and standard deduction, you are allowed to earn 48,350-income in capital gains and pay no capital gains tax.

    3. Investors who are carrying forward a loss from previous years

    Add the amount of the loss to the potential un-taxed gains you can make in #1 and #2. Investors who are carrying forward a loss get a free tax break equal to their loss so there is no additional benefit holding longer terms because they don't pay taxes till they make gains.

    When I say "no additional benefit" I mean you aren't going to get lower tax rates. (In this instance 0%) By selling earlier, you "harvest the gain" made for that tax year. If you have long-term capital gains of $50,000. You can realize half your gains over two years (25,000 each) and pay 0% in capital gains. Or you can realize the entire gain one year ($50,000) and pay taxes on 1650 (the amount over 48,350)

    "Buy an index fund and hold for 10+ years" is actually not an effective strategy because at the end of the 10+ years, you can get a huge tax bill if you decide to sell everyone in one day. Instead, you should sell and take gains following instances #1-3 I mentioned above. The optimal strategy should be to buy an index fund, hold till you qualify for long-term gains (1 yr + 1 day) then take gains if you are in the 15% tax bracket. After selling, you immediately re-buy the stock/ETF you wanted and repeat. Am I crazy or is this right?

    submitted by /u/AtlasKlein
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    More specific subs?

    Posted: 30 Nov 2017 04:39 PM PST

    Question: would it be beneficial to all if there were more specific subreddits? I'm thinking specifically as follows:

    /beginninginvesting /internationalinvesting (for non US users)

    I feel like it would clean things up, and in addition get people whose interest is in those topics to more relevant content?

    submitted by /u/L_-_B
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    Minimum Investment into a ETF?

    Posted: 30 Nov 2017 09:21 AM PST

    Up to now I have been only doing mutual funds given their simplicity of buying, contributing small amounts, etc. I have read into ETF's and that will be my next step. Given that ETF's charge a fee for each. Using something like QTrade Investor, I see the fee is $8.75 per ETF. Given that, is there a strategy for a minimum investment. For example, at year end I will have about $5K to play with. Should I dump it all into one ETF or go 3 ETF's at $1,667 each?

    submitted by /u/TikiB
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    Can others see my stops?

    Posted: 30 Nov 2017 09:32 PM PST

    Can anyone see stop orders? I use E-Trade and for example would like to short Roku. Say I set my stop loss to a $47.50 limit. Can other traders use this info to find a wall of stops on a price then squeeze? In addition when I enter a stop where is that information stored? Does E-Trade actively wait for the price to hit my stop limit then place my order, does it go into a queue at the NYSE where only the current bid ask are shown, or is there another scenario that I a missing?

    submitted by /u/i_snort_crack_rocks
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