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    My portfolio hit 500k! Investing

    March 28, 2018

    My portfolio hit 500k! Investing

    My portfolio hit 500k!

    Posted: 27 Mar 2018 08:07 AM PDT

    My goal is to retire early so it's nice to hit this milestone early on in my career.

    I'm 33 and just about to celebrate my 10 year anniversary of being employed. Plan is to retire around 40-45 and then focus on my hobbies.

    I don't bring in a ridiculous salary but have had a high savings rate and good luck with returns. I'm frugal so I can maintain a decent savings rate despite living in a relatively expensive northeast suburb. My rent is $1850 as an example although I split that cost with my Fiancee.

    According to the ss.gov website, my gross income average since I started working has been $70254. I started at $45,000 when I graduated in 2008. It's doubled since then and now I can finally pump more money into individual accounts. It's pretty awesome to have a portfolio that's probably equal to my actual net income after taxes. The power of compounding!

    I max out the 401k and Roth IRA each year with index funds. Index funds make up about 65% of my investment income and the rest is individual securities. I've had a great run with some individual picks that have driven results quite a bit(UNH, MKL are my two biggest holdings and I bought a bunch of UNH in the 20s all the way up to the 100s). I actually sold a bunch of UNH when it became too big a part of my portfolio in the 130s and now it soared all the way up to 220. Risk management can sometimes come at the expense of returns but I'd rather not how so much exposure to one stock. Still hold a good portion of their stock though and like the company. I've also played around with options a bit but in a very small way. Again most of my money is in index funds so my overall returns haven't been that far above the S&P 500 although I've eclipsed it a little bit.

    My strategy has been to follow a strict investment plan since I started although I only got serious about tracking my asset allocation closely in the past few years. My investment plan also allows me to hold up to 10% max in cash as part of my portfolio when I can't find any good deals out there. I always have money flowing into the market though via bi weekly 401k contributions.

    I'm pretty amped to get there so early due to the crazy bull market we've had and am not worried if there's a move in the other direction. I'm still likely 10+ years out and plan to keep pumping money in for a while so lower prices are better for me from a long term return perspective.

    Just wanted to say YAY and show everyone that it doesn't take a ton to make things work as long as you're consistent.

    submitted by /u/timeinthemarket
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    Research firm suggest that 80% ($333mil) of $TWTR’s 2017’s earnings were from selling user data

    Posted: 27 Mar 2018 02:38 PM PDT

    https://finance.yahoo.com/news/why-twitter-twtr-stock-sinking-171405399.html

    "The research firm suggested that the Senate would be particularly interested in learning that Twitter is reportedly on track to generate about $400 million this year by selling user data.

    Citron also pointed out that Twitter's data licensing revenue in 2017 was $333 million, and with the firm assuming 100% margin in this segment, it argued that the sale of user data likely accounted for about 80% of the company's total profits last year."

    submitted by /u/davidxalan
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    Tesla downgraded by Moody's. Corporate family rating to B3, senior notes to Caa1. Outlook is negative.

    Posted: 27 Mar 2018 01:40 PM PDT

    The stock also experienced a wipe-out of the previous year's gains and is currently at $279, down from ATH of $383. Thoughts? Text below:

    Moody's downgrades Tesla's (NASDAQ: TSLA) corporate family rating to B3, senior notes to Caa1. Outlook is negative.

    Moody\'s Investors Servicedowngraded Tesla, Inc.'s (Tesla) Corporate Family Rating (CFR) to B3 from B2, unsecured note rating to Caa1 from B3, and Speculative Grade Liquidity rating to SGL-4 from SGL-3. The outlook is negative.

    RATINGS RATIONALE

    Tesla's ratings reflect the significant shortfall in the production rate of the company's Model 3 electric vehicle. The company also faces liquidity pressures due to its large negative free cash flow and the pending maturities of convertible bonds ($230 million in November 2018 and $920 million in March 2019). Tesla produced only 2,425 Model 3s during the fourth quarter of 2017; it is currently targeting a weekly production rate of 2,500 by the end of March, and 5,000 per week by the end of June. This compares with the company's year-earlier production expectations of 5,000 per week by the end of 2017 and 10,000 by the end of 2018.

    The Caa1 rating of the unsecured notes reflects the junior position of the notes relative to the company's $1.9 billion secured credit facility.

    Tesla continues to benefit from solid market acceptance of Models S and X, which collectively hold over a third of the US luxury market. In addition, third-party evaluations of the Model 3 remain favorable, consumer response to the vehicle is sound, and advance purchase reservations and deposits remain high. Finally, regulatory support for battery electric and zero-emission vehicles continues to grow.

    The negative outlook reflects the likelihood that Tesla will have to undertake a large, near-term capital raise in order to refund maturing obligations and avoid a liquidity short-fall. Prospects for addressing its liquidity requirements (whether equity, convertible notes or debt) will be supported if the company can establish credibility for reaching Model 3 production levels -- 2,500 per week by the end of March, and 5,000 per week by the end of June.

    Tesla's liquidity consists principally of $3.4 billion in cash and securities at December 31, 2017. The company also has moderate availability under the $1.9 billion ABL facility. This liquidity position is not adequate to cover: 1) the approximately $500 million in minimum cash that we estimate Tesla must maintain for normal operations; 2) a 2018 operating cash burn that will approximate $2 billion if Tesla maintains high discretionary capital expenditures to increase capacity; and 3) convertible debt maturities of approximately $1.2 billion through early 2019. These cash needs will likely require Tesla to undertake a near-term capital raise exceeding $2 billion. Moreover, if the company maintains its expected pace of expansion, it will likely need to raise additional capital during the second half of 2019.

    Tesla's rating could be lowered further if there are shortfalls from its updated Model 3 production targets. The rating will also be pressured if the company is unable to raise sufficient new capital to cover its late-2018 and early-2019 convertible maturities, and to cover the operating cash consumption that will likely continue into 2019.

    The rating could be raised if production rates of the Model 3 meet Tesla's current expectations and if the company maintains good liquidity.

    The following rating actions were taken:

    Downgrades:

    ..Issuer: Tesla, Inc.

    .... Probability of Default Rating, Downgraded to B3-PD from B2-PD

    .... Speculative Grade Liquidity Rating, Downgraded to SGL-4 from SGL-3

    .... Corporate Family Rating, Downgraded to B3 from B2

    ....GTD Senior Unsecured Regular Bond/Debenture, Downgraded to Caa1 (LGD4) from B3 (LGD4)

    Outlook Actions:

    ..Issuer: Tesla, Inc.

    ....Outlook, Changed To Negative From Stable

    submitted by /u/Dtnoip30
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    Do you believe we have entered a bear market?

    Posted: 27 Mar 2018 09:31 PM PDT

    Recently I've seen lots of talk about a bear market and Dow Theory.

    Do you believe we have entered the start of a downturn? Why?

    Personally, I don't believe so. Our economy is solid and companies still ya e great fundamentals

    submitted by /u/itschrisolson
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    Vanguard wrestles with new service problems

    Posted: 27 Mar 2018 09:21 PM PDT

    Source

    Vanguard investors complained Monday about getting erroneous messages about not having enough money in their settlement accounts to make trades. Others complained that the balances displayed on the Vanguard homepage were substantially below their actual balances, which were accurate on other parts of the Vanguard website. "Some retail clients received an email in error reporting insufficient funds in their brokerage settlement accounts," said Vanguard spokesman John Woerth. "We expect to resolve the issue shortly and apologize to clients for any undue concern. No action is required on the part of affected clients." Vanguard also warned on its website this morning that customers could have difficulties reaching the company by phone due to a technical issue with its phone lines.

    I received the same email as well. What the article doesn't mention is Vanguard automatically lined up securities to sell to auto-cover the glitch. I had a pending sell order placed on Vanguards behalf to pull money out of one of my other funds. Raises the question if the auto-sell orders went through on a glitch, who would be liable for any losses that followed?

    submitted by /u/John_Crichton
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    CRISPR Restored: Scientists Reverse Finding That Gene Editing Technology Had Flaws

    Posted: 27 Mar 2018 09:37 AM PDT

    What happens to pension funds and the benefits they pay if the market crashes?

    Posted: 27 Mar 2018 08:01 PM PDT

    My portfolio also just hit 500k!

    Posted: 28 Mar 2018 01:46 AM PDT

    Unfortunately last week it was 548k

    submitted by /u/Septemberk
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    Vanguard Settlement Fund Error

    Posted: 27 Mar 2018 07:53 AM PDT

    Just wanted to give everyone a heads up. Vanguard had a computer error that showed all Settlement Fund (Federal Money Market) balances as zero this morning. If you made a purchase or something in the last few days you may have received an email this morning saying you didn't have enough money to cover it.

    I wanted to post it here for visibility. I received one of those emails this morning and it took a really long time to get on the phone with someone there because of it.

    submitted by /u/The_Music_Director
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    If you had known that FB scandal would come out, but you didn’t know it would be this year. How would you make money?

    Posted: 27 Mar 2018 09:30 PM PDT

    Buy puts every year?

    submitted by /u/KarmaKingKong
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    sp500 vs individual stocks

    Posted: 27 Mar 2018 04:24 PM PDT

    On one hand, I find it boring putting all my money in to sp500. I wonder what would happen if I also bought a smaller position of stock in random companies like mcdonalds etc. Is there a realistic chance for mcdonalds to outperform sp500 or is it stupid?

    If that's a bad idea, should I also think about diversifying out of sp500 in to other indexes? Like high dividend or large cap US, international etc?

    My timeline is very long term investment and don't plan to sell for 10+ years.

    submitted by /u/came_on_my_own_face
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    From Europe, plan for a portfolio with 50% sp500 and 50% eurostoxx50

    Posted: 28 Mar 2018 02:47 AM PDT

    Both funds are in europe, I am a bit hesitant to dump 50% on the eurostoxx, is it just a bad moment for the index?
    I feel like giving more weight to the SP500, but I am not sure how to weight it.
    My plan is to just dump money in the funds every month with the allocated %, I don't think I will be doing rebalances regularly, maybe once a year.
    Does anybody have a similar strategy?

    submitted by /u/cryptotech_zombie
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    so, the market fell almost 2.5% today on virtually no negative news?

    Posted: 27 Mar 2018 02:16 PM PDT

    wtf?

    submitted by /u/j2324
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    Andrew Left announces on Twitter that he's shorting Twitter

    Posted: 27 Mar 2018 08:38 AM PDT

    S&P 500 is good but has its limits!

    Posted: 28 Mar 2018 01:43 AM PDT

    Buffett said: "Buy S&P 500 through thick and thin, but especially through thin". I agree that you can't go wrong by having a long-term horizon and buying the S&P through thin when everybody else is fearful. However, how can one diversify his portfolio by including foreign equity indexes and bonds? What are your diversification strategies that minimize your exposure to the US economy? Thanks a lot!

    submitted by /u/livediversified
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    Hi can can anyone recommend any good books for stock trading?

    Posted: 27 Mar 2018 04:54 PM PDT

    Bond ETF vs. an actual Bond

    Posted: 27 Mar 2018 01:03 PM PDT

    I know the basic difference: Bond ETF is a mutual (i.e., managed) fund of several bonds, while an individual bond is a bond.

    What would be the argument for or against buying a 20+ year treasury bond versus investing the same amount of money in iShares 20+ Year Treasury Bond (TLT)?

    submitted by /u/scratchedhead
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    Ignore the trade war noise and remain bullish?

    Posted: 27 Mar 2018 07:58 AM PDT

    US equity markets were down over 5.6% last week as President Trump followed through on announcing tariffs on China. Notably, MMM, CAT, AAPL, and DWDP were down 9.22%, 7.7%, 7.35% and 7.21% respectively as the market seemed to sell these Mega-Cap names as they may be more negatively impacted by a trade war.

    Was this sell-off warranted across the market in general, and more specifically did these Mega-Cap stocks deserve this type of reaction? It seems to be consensus that China benefits more in its trade relationships with the majority of its G7 trading partners. However, trade representatives from the US and China have issued statements reporting that trade negotiations are occurring and that both countries are not interested in a trade war.

    As a result, US equity indices rallied off the lows from Friday with Mega-Caps posting sizeable gains. However, this morning, the US announced an emergency law to curb Chinese takeovers to protect the US tech sector. Is it time to shrug off this announcement and be contrarian? Investors may be able to take advantages of opportunities in the equity market like last week as the fundamental case for strong equity returns this year remains intact.

    submitted by /u/QuantalyticsResearch
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    Nvidia suspends self driving tests

    Posted: 27 Mar 2018 09:35 AM PDT

    InternationalBrokers warns against "trading without market data" - why is that?

    Posted: 27 Mar 2018 01:13 PM PDT

    (disclaimer: I'm a n00b at investing)

    I created an InteractiveBrokers account, attempted to buy some ETFs. When trying to buy, IB pops up a big warning sign saying:

    You are trying to submit an order without having market data for this instrument. IB strongly recommends against this kind of blind trading which may result in erroneous or unexpected trades. Are you sure you want to submit this order?

    What exactly are they saying? They were showing me the price of the ETF... is that some ploy to get you to buy some "market analysis" from them? (doesn't feel like that though)

    [edit] Apparently I wrote "internationalBrokers" in the title, and I can't edit that. I meant InteractiveBrokers, of course.

    submitted by /u/AnyTry
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    How is this $NVDA dip NOT overblown?

    Posted: 27 Mar 2018 11:47 AM PDT

    From what I understand, the big money coming in right now has nothing to do with self-driving. Their other businesses are unrelated and flourishing. Even if the stock price is factoring in self-driving, how does such minor news have such a large impact?

    Nvidia and Uber are not the same. Self-driving still has much better safety rates than human-driving. "Suspension" means Nvidia may reinstate the program soon. They can still keep developing the technology privately.

    If anything, maybe this Uber incident is just going to tighten everyone's leash and make self-driving even safer in the near future. Am I making a mistake buying calls here?

    submitted by /u/PuppyPriest
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    Real Estate Investing Parties - New Concept?

    Posted: 27 Mar 2018 07:24 PM PDT

    So "Crowd Funding" is obviously in. There are lots of investment portfolios and companies coming out to let you invest in real estate with countless strangers and little money to invest.

    I am a Real Estate agent and considering having "Investment Parties" with my preferred lender to do the same only with close knit groups of friends.

    We would encourage a group of friends to host us at one of their homes. We have a list of several properties that would be good investments and go over all the details of the properties, of course with refreshments. The group of friends agrees on one and signs with the lender for lending approval as a group!

    Now the group of friends owns an investment property together that they can manage on their own or I can manage for them!

    The goal would then be to convince at least one of those friends to get licensed and throw similar parties.

    Yes it is just like the old Mary Kay make-up parties - but for real estate investing!

    Thoughts? Ideas? Should I try this or do you think it is a waste of time?!

    Would you be interested in something like this if you didn't have the means to invest alone but wanted to get started?

    submitted by /u/blongexp
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    Dump losing "value" to add "growth"?

    Posted: 27 Mar 2018 08:12 AM PDT

    So I just really got into investing back in October, and I had an IRA but it was in some mutual funds through an FA, and I now manage it myself. Since it's an IRA, I focused on dividend blue chips with a small bond allocation. Well those dividend blue chips are sucking bad. I'm not really sweating it since we're a ways from retirement, but I'm wondering if I should trim some of them and put the money into a more growth orientated ETF/MF? I'm "only" at a $600 total loss on the ones I'd drop (I have other holdings, these are just the ones that would be simplest to drop):

    • Abbvie ($ABBV)

    • BP ($BP)

    • Medtronic ($MDT)

    • Shell ($RDS.B)

    • UPS ($UPS)

    • Wal-Mart ($WMT)

    I was thinking something like VOOG or a mid cap ETF. Would appreciate some thoughts on whether it'd be good to drop some losing "value" names for some growth aspects. Or should I just put a "growth" ETF/MF in my brokerage and just hold it until next year's IRA contribution and use the funds to "transfer" it to my IRA? Thanks for any input.

    EDIT: Thanks for all the opinions and insights. I appreciate it.

    submitted by /u/andthenisawtheblood
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    Any alternatives to Google Finance for importing stock quotes to Google Sheets?

    Posted: 27 Mar 2018 11:29 AM PDT

    For some funds you can no longer import prices from google finance into your google sheets. For example, if you're trying to track your portfolio.

    Anybody know any source other than google finance for importing stock quotes into google sheets?

    If so, can you share what you need to type into the cell to get the stock quote?

    Web search for 30 minutes yielded no solution.

    submitted by /u/MrSuppertime
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