The CEO of Wells Fargo Might Be in Big, Big Trouble Investing |
- The CEO of Wells Fargo Might Be in Big, Big Trouble
- Interesting thought: Soon, 10yr return figures will not include the last real bear market
- Investing During the Dotcom Bubble
- Is Fundrise getting worse and worse?
- Do you guys have “play around” money in the market? What do you do with it?
- Grand Canyon Education, Inc. is seeking to move from a for-profit business model to a non-profit business model. How does this work and what happens to the shares of the company?
- Didn't fully fund my ROTH... Should I put the remainder in a traditional IRA and convert it in 2018 when I'll also not be able to fully fund and also have lower taxes?
- What are everyone’s thoughts on “tips” right now as a bond holding?
- With all this new technology booming, for us non-stem folk..how can we cash in on this opportunity?
- Regret Of Selling An Investment Too Soon
- Roth IRA in Vanguard, admiral shares, distribution question.
- Paper losses (in the stock market casino) seem so real to me!
- set limit order for stock before you own it
- Why is INTC price still high despite the news of hardware bug?
- Where to Invest $10,000 Right Now
- Interactive brokers trouble
- What is the minimum amount of money that is needed to start trading in London Metal Exchange?
- GAME: You Randomly Time Traveled Without Knowing Beforehand: How far back could you go that you could turn a $100 into a fortune?
- Matching 401k
- What analysts do you trust the most? I try my best to do my due diligence but I am far from a professional. Just wondering what broker/analyst/advisor you trust?
- What stocks do you think are undervalued?
- U.S. Added Fewer Jobs Than Expected in December
- Why would you ever invest in a Total Market Fund over the S&P 500?
- Can insiders use automatic, scheduled selling to circumvent accusations of insider trading?
| The CEO of Wells Fargo Might Be in Big, Big Trouble Posted: 05 Jan 2018 05:01 AM PST Late last year, Congress scrapped Obama-era rules from the Consumer Financial Protection Bureau that would have banned forced-arbitration clauses in financial contracts. This bill, which President Trump quickly signed, was self-evidently bad for consumers at the time—and if anyone needs further proof of how ridiculous and harmful these clauses are, just look at what Wells Fargo has been up to over the past several months. The mega-bank famously issued at least 3.5 million fake accounts without consumer consent, triggering a $185 million fine to state and federal regulators. The bank aimed to demonstrate sales growth to investors and boost the stock price with bogus numbers, but millions of customers got caught up in the exchange, paying unnecessary fees and taking hits to their credit scores. Scores of defrauded customers sued Wells Fargo in a series of class-action lawsuits. Wells Fargo then tried to defy metaphysical reality: It moved to block one class-action case in Utah by claiming that the arbitration clause in customer contracts on the real accounts they held at the bank also applied to the fake accounts. By this theory, Wells Fargo customers signed away their legal rights when it came to accounts they didn't even sign. https://www.thenation.com/article/the-ceo-of-wells-fargo-might-be-in-big-big-trouble/ [link] [comments]  |
| Interesting thought: Soon, 10yr return figures will not include the last real bear market Posted: 05 Jan 2018 10:44 AM PST 10yr annualized returns for US stocks are about to double from 7% to 14% while bonds languish. A lot of novice investors use these figures heavily to weigh their investment options - I certainly did when I started. Even if they aren't the main market movers, this may have a psychological pull on the whole market. [link] [comments]  |
| Investing During the Dotcom Bubble Posted: 05 Jan 2018 04:21 PM PST I am curious what it was like for any of you actively trading during the height of the Dotcom Bubble, especially the day traders. Did it feel like you could just buy into any random stock and it would moon? Were people being irrational with their money and just throwing it into the stock market seemingly without a care? Were IPO's coming out by the metric shitton and doing crazy well, even the ones without a solid idea? I am trying to relate the current feel of the Bitcoin bubble to the Dotcom Bubble, but I am not familiar with the market at that time. [link] [comments]  |
| Is Fundrise getting worse and worse? Posted: 05 Jan 2018 09:35 PM PST I made an initial deposit of $1,000 in late August. They started out at a dividend of $0.16 per day which is about $58.40 per year or 5.84%. At this point I was disappointed and felt it had not clearly described it's returns which it of course had advertised as over 10% (https://fundrise.com/historical-performance). The thing with Fundrise is that their properties are spread out over the U.S. And then in September two hurricanes hit the U.S. Of course Fundrise has properties in Florida and there was never mention of how or if the hurricanes had effected the properties in their news scroll that they have for investors. Their news scroll only talks about positive things about how they're making new investments or new renovations. Never discussing the actual details of why daily dividends dropped from 0.16 to 0.15 or 5.475% return per year. Don't worry, it gets better. As of January 2018, the daily dividend has dropped to 0.12 cents, 4.38%. That's a 25% loss in daily dividends from when it began to current and of course there has never been a single mention of the cause of the drop. I can't wait for the 5 years to be over so I can recoup my money and finally sell my shares. [link] [comments]  |
| Do you guys have “play around” money in the market? What do you do with it? Posted: 05 Jan 2018 09:54 AM PST What's your goal with your play around money? Do you take crazy shots with it? Are you just slightly more aggressive with it? [link] [comments]  |
| Posted: 05 Jan 2018 06:49 PM PST Who pays for the outstanding shares? I can't imagine they all just disappear, but their market cap is around $4.28 billion. Has anyone experienced this sort of transition before from the perspective of a shareholder? [link] [comments]  |
| Posted: 05 Jan 2018 09:29 PM PST So I'll be paying a little less percentage in taxes in 2018 than in 2017 so that has me wondering... I'm funding mine and my spouses ROTH IRAs. I was not able to fully fund both, so I can still contribute about $3,000 for 2017. I will be equally unable to fund both in 2018. Does it make sense to pull $3,000 back out of one of our ROTHs and put it in a traditional IRA for 2017 and then immediately convert it over in 2018? I have plenty of actual contributions to pull from the ROTHs penalty free, so this should lower my taxable income in 2017 and then when I convert it in 2018 I'll basically be paying 2% less, right? As for my income, it is already set in contract for 2018 and I won't see an increase until January 2019 so I'm not going to be shooting myself in the foot by contributing more with the conversion and preventing myself from being able to fully fund 2018 because I already know I won't be able to. [link] [comments]  |
| What are everyone’s thoughts on “tips” right now as a bond holding? Posted: 05 Jan 2018 09:22 PM PST Been looking into adding bonds into my portfolio. Was wondering if I could get yall's thoughts on entering into this position right now. Thank you! [link] [comments]  |
| With all this new technology booming, for us non-stem folk..how can we cash in on this opportunity? Posted: 05 Jan 2018 11:06 PM PST |
| Regret Of Selling An Investment Too Soon Posted: 05 Jan 2018 10:07 PM PST I had 2,000 ETH in March of 2017 at a cost basis of $9.76. After a bad physical injury from an accident, I found myself way out of my normal routine of regular exercise and self-care, which I attribute to being important to investing or at least making sound life decisions. I got antsy and sold my ETH after the slight price increase for about a 130% ROI. Well, we all know what happened to ETH after March and until now. It's changed lives and it would've changed mine. I was working a miserable back office job in finance for a perpetual 60k... loser salary for a 32 year old, I know... and my ETH investment would've been the perfect escape from my misery. It was just such a soul crushing job for me, doing the same mundane work each day. I've never wanted a lambo or a big house. Financial independence is most important to me, i.e., not being a wageslave and working for others. After selling my ETH, I developed a sort of existential crisis about doing work I hated for low pay, and I moved to China, where I now teach business English, that is, until I figure out my next move. I'm doing a lot better mentally but still think almost daily about my poor decision to sell my ETH. What do you do to get out of the crushing regret of an investing mistake? [link] [comments]  |
| Roth IRA in Vanguard, admiral shares, distribution question. Posted: 05 Jan 2018 09:51 PM PST Right now, I have: $11.7k in VSIAX (admiral shares) $16.8 in VTSAX (admiral shares) Would it be worth it (in your opinion) once I have a total balance of $30k, to redistribute and put $10k each in VSIAX, VTSAX and VTIAX, their total international admiral share fund? I have nothing international with my current setup and was waiting until I hit $30k, so I can use 3 different admiral share funds since it is a 10k min. I am 33 FWIW. [link] [comments]  |
| Paper losses (in the stock market casino) seem so real to me! Posted: 06 Jan 2018 01:34 AM PST Can I tell a story that shows how gambling at the casino is similar to the stock market? So I am in Las Vegas and I am on a winning streak for five days in a row. I am not cashing in my chips but holding on to them. I start with a $1000 in chips. At the end of each day, I touch and feel the extra chips I have won and they feel like real money. I am used to having them and count them as my real assets. By the end of five days, I am up $4500. So in now have $5500 in assets with me. On the 6th day, I start losing, big. I cash out at the end of my trip with only $2000 in chips. Because I had $5500 earlier, I felt like a loser even though I had come with $1000.00. I look at the stock market like that. If I started with $1000 in my investment account and it went up to $5500.00 as my portfolio grew, I now get used to having $5500.00. If we go into a bear market and my portfolio crashes 60% and I now have $2500.00, I feel poor and dejected. I have lost money in my mind, even though I still have more than I started with. Can you relate? [link] [comments]  |
| set limit order for stock before you own it Posted: 06 Jan 2018 01:31 AM PST Is there a way to set up a limit order for selling a stock before my limit order for buying the stock kicks in? for example, I want to have an sell limit order in place for a stock. i don't own the stock yet, but have an active limit order to buy the stock at a certain price. I don't want to monitor my portfolio to manually do it after the buy limit triggers. Thanks. [link] [comments]  |
| Why is INTC price still high despite the news of hardware bug? Posted: 05 Jan 2018 12:01 PM PST Hi all! Can anyone explain why we don't see a massive drop of INTC share price? Background- https://techcentral.co.za/intel-admits-range-chips-vulnerable-hack/78903/ I mean, the problem is hardware related, which cannot be fixed for good until hardware is replaced. I just imagine we will now see below scenario repeat: 1)Intel releases software update 2)Someone finds a way to bypass it and makes system vulnerable again 3)Intel releases software update ... and it goes forever. IMO this is a pretty bad situation the company. Plus possibility of incoming lawsuits from Intel key clients would drive the stock price down. Yet the decrease since the news broke seems rather disproportionate. What do you guys make of it? Is the big price drop yet to come? [link] [comments]  |
| Where to Invest $10,000 Right Now Posted: 05 Jan 2018 02:44 PM PST https://www.bloomberg.com/features/2016-how-to-invest-10k/ Looks like they update this once every quarter. interesting read where bloomberg sees the gains rn [link] [comments]  |
| Posted: 05 Jan 2018 10:37 AM PST Having trouble with the app not displaying / retrieving data. When I go to call customer service both numbers return busy signal.... Is anyone else having trouble? It seems like they are having issues. Not sure if TWS or any other platforms are effected. Update: they released a notice saying only that account management was down. This itself is a big deal. Update2: got through on line. Now just plays recorded message saying site outages on platforms and data. So cruel I can't short them...because I use them Update 3: somebody grab me some jan 19 60 puts, maybe 25 or so. I'm good for them Update 4: I have options expiring today this is fucking unacceptable. I can't get data from phone and can't login to webtrader. I cannot exit my position Somebody short these fuckers into the ground please [link] [comments]  |
| What is the minimum amount of money that is needed to start trading in London Metal Exchange? Posted: 05 Jan 2018 11:43 PM PST I am interested in investing in Cobalt, Lithium, and Nikel. [link] [comments]  |
| Posted: 05 Jan 2018 11:00 PM PST For sake of argument, assume housing and daily food expenses are taken cared of already. Hey, who knows how time travel works, looks like you lucked out. Yeah, you can cheat, and look up stocks and industries and such. But... don't. This is for fun, nobody will be impressed by your alleged knowledge... this is just a thought experiment. So don't be a dick. Let's also assume you traveled back to the instant you had to invest. Either you commit your 100 or you don't. There is no research in the time allowed. Buying and selling and buying later and selling later is allowed. However, if you do, please explain. [link] [comments]  |
| Posted: 05 Jan 2018 10:51 PM PST My employer has a matching 401k plan which I have invested with for the past couple years, my 5% matched with their 4%. I've done this through pre-tax 401 rather than Roth. When I leave my employer and won't be making contributions, should I roll it onto a Roth IRA and take the tax hit now or leave it all as is until retirement? Thanks! [link] [comments]  |
| Posted: 05 Jan 2018 10:17 PM PST I read Zacks, Ed Jones, Scottrade, SA, yahoo finance, guru focus and I just wonder what has done best for you? [link] [comments]  |
| What stocks do you think are undervalued? Posted: 05 Jan 2018 09:45 AM PST A lot of stocks are at all time highs, but some show they are undervalued. What are your thoughts? [link] [comments]  |
| U.S. Added Fewer Jobs Than Expected in December Posted: 05 Jan 2018 05:58 AM PST Looks like slower than anticipated retail hiring brought the jobs numbers down a bit. [link] [comments]  |
| Why would you ever invest in a Total Market Fund over the S&P 500? Posted: 05 Jan 2018 06:16 PM PST Since the S&P 500 is made up of the largest companies in the United States, why would you not always chose it over a Total Market Fund? I looked at the charts of the two funds and the S&P constantly outperformed the Total Market Fund. Total Market Funds are available with every major broker so I'm wondering what I don't see. I'd appreciate as much information as possible. [link] [comments]  |
| Can insiders use automatic, scheduled selling to circumvent accusations of insider trading? Posted: 05 Jan 2018 02:10 PM PST Almost every time something bad happens to a company we see headlines of so and so sold stocks. Most time it turns out those were scheduled. So if you were an insider, can you schedule selling of stock every month and stop it if nothing bad happens? [link] [comments]  |
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