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    Saturday, January 5, 2019

    PCG (PG&E) explores bankruptcy filing, stock down 25% AH Investing

    PCG (PG&E) explores bankruptcy filing, stock down 25% AH Investing


    PCG (PG&E) explores bankruptcy filing, stock down 25% AH

    Posted: 04 Jan 2019 03:40 PM PST

    https://finance.yahoo.com/news/exclusive-california-utility-pg-e-231131727.html

    PG&E's board and management are working diligently to assess the company's potential liabilities as a result of the wildfires and the options for addressing those liabilities. We recognise the need to balance the interests of many stakeholders while maintaining safe, reliable and affordable services for our customers, which is always our top priority," the company said in a statement.

    PG&E is also exploring selling its gas unit, potentially through a court-supervised auction during bankruptcy proceedings, one of the sources said. The sale could also take place outside a bankruptcy process, the same source said. The company is weighing using proceeds from the unit's sale to address death and injury claims arising from the recent wildfires, this source said.

    submitted by /u/swollencornholio
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    PSA, if you're currently investing in your 401K now is a fine time to increase your contribution

    Posted: 04 Jan 2019 03:47 PM PST

    My own personal strategy long term is to double my contribution from 13% to 16% during corrections or bears.

    The trigger for this occured not too long ago. After a correction occurs they usually last 10 months and bears last 15. You can plan your increased contribution based on that historical length. Of course the time span may be lengthened if a correction becomes a bear.

    This current bear market is only 3 months old. If you have a long time horizon this strategy is one of the few market timing "tricks" you can safely take advantage of. However, for it to work you have to be on autopilot. Your increased contribution will start once a correction or bear is confirmed and go back to normal once 10 or 15 months pass. Mark that in your calendar to get it right.

    This strategy will ensure that you buy more shares over time when they are "on sale".

    https://www.cnbc.com/2015/08/24/8-things-you-need-to-know-about-bear-markets.html

    submitted by /u/Objective_Stage
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    December Job Growth: 312,000 vs. 176,000 expected

    Posted: 04 Jan 2019 05:34 AM PST

    https://www.cnbc.com/2019/01/04/nonfarm-payrolls-december-2018.html

    Literally in awe. Cannot even believe the headline.

    EDIT: Something funny I found in the numbers. Seems like most of the # of employed increase comes from older adults (55 and over). This could also explain the large wage increase since these workers will most likely command higher pay. See my comment below for more.

    submitted by /u/jamesh773
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    Jim Cramer

    Posted: 04 Jan 2019 03:53 PM PST

    What's with this guy? One day he's writing op-eds literally crying because of volatility, and the next he's saying we're in for a huge rally. Sometimes I'll go on cnbc and I've seen competing headlines, saying opposite things, both involving something Cramer is saying.

    I don't take advice from talk show hosts, but it's funny that somebody that's been paid to give stock advice on TV for decades seems so untethered emotionally.

    submitted by /u/Toronaga
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    Advice on how to start investing and building a portfolio?

    Posted: 04 Jan 2019 08:16 PM PST

    I'm 17 years old working part time with $4000 in savings. My post secondary schooling is already taken care of so I don't have future debt there to worry about. No plans to buy my own car in the next couple years so also no future debt there. I'd like to continue putting some money away but would like to begin making some small investments to better position myself for the future. How do I start? And how do I put together a portfolio?

    submitted by /u/mambomike
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    Why all the hate for mutual funds on here?

    Posted: 04 Jan 2019 10:12 PM PST

    Just wondering why there are no posts talking about active investing and mutual funds ? Everything is low cost ETFs.

    I understand a good portion of funds have fees that are too high and poor to average performance. That being said there are a lot of excellent active mutual funds with fair MERs that's justify the cost. Who cares if the fee is higher if the performance is consistently better? Also good active funds have downside protection which ETFs don't have.
    Mawer for example doesn't have a trailer fee on their funds and have many with excellent management with results you can't match on an ETF. What am I missing ?

    Thanks

    submitted by /u/jumpmanballerz
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    Fed Chairman Powell Comments and Market Performance (HINDSIGHT 20/20)

    Posted: 04 Jan 2019 06:32 PM PST

    Just thought how the market reacted post-Powell commentary. I just selected what I thought would be strategic keywords placed during a speech or for what media usually highlights post-speech.

    Here you go:

    10/3/2018: Keywords A LONG WAY

    "Interest rates are still accommodative, but we're gradually moving to a place where they will be neutral," he added. "We may go past neutral, but we're a long way from neutral at this point, probably."

    Markets: S&P500 +2.08, DJIA +54.45, NASDAQ +25.54

    11/28/2018: Keywords JUST BELOW

    "Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy — that is, neither speeding up nor slowing down growth."

    Markets: S&P500 +61.62, DJIA +617.7, NASDAQ +208.89

    1/4/2019: Keyword PATIENT

    "As always, there is no preset path for policy," Powell said. "And particularly with muted inflation readings that we've seen coming in, we will be patient as we watch to see how the economy evolves."

    Markets: S&P500 +84.05, DJIA +746.94, NASDAQ +275.35

    Source: CNBC

    submitted by /u/markyu007
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    I’m down 35% on my portfolio and I’m ready to mature and start getting out of this mess. What’s the next move?

    Posted: 05 Jan 2019 03:30 AM PST

    So like I said I'm down 35% on my investment. I put in $21,500 and made some really dumb decisions including opening a margin account and investing heavy on Apple and Nvidia. Well to my luck they both took a 50% nose dive. I'm now sitting at $14,000.

    Anyhow, I have recently gotten rid of margin account. I have invested heavily in SPY, QQQ, and some other ETF's to reduce volatility. I plan on adding $500 a month to these investments and hope to at least make it past my 20k mark this year.

    Are there any other recommendations you have to max out my investment? FYI I'm 23 years old, have 0 debt, and don't plan to take out this money within the next 5 years.

    submitted by /u/Bwall19
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    Big brands with negative 5 year returns

    Posted: 04 Jan 2019 07:52 AM PST

    1. FitBit | FIT | 5 year return -82.19%
    2. GE | GE | 5 year return -66.26%
    3. Overstock | OSTK | 5 year return -54.10%
    4. Twitter | TWTR | 5 year return -51.30%
    5. Sprint | S | 5 year return -43.40%
    6. Dillard's | DDS | 5 year return -32.74%
    7. Baidu | BIDU | 5 year return -7.60%

    Anyone make money from puts or short on any of the above declines?

    After Trump is no longer a big draw on twitter won't that like hurt their traffic and revenue.

    submitted by /u/DaDaDaonald
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    When should I give up on a stock?

    Posted: 04 Jan 2019 10:10 PM PST

    Hello! I invested some money in Camurus after they released information about the 2 year wait time for release etc, so that I bought the stocks pretty cheap. I knew when I bought the stocks that I wouldn't gain any money for a while, but the stocks just keep sinking more and more. So I can either accept my losses and sell the stocks, or wait for them to eventually grow. I've looked on their website and they have some meetings etc in the near future which may impact the stocks. What would you do? How much do you lose before accepting it?

    submitted by /u/linush1
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    ETF for investing in real estate

    Posted: 05 Jan 2019 02:04 AM PST

    Hi all!
    I've been wondering: In addition to my investments into MSCI World ETF and other ETFs (Emerging Markets, EU Government and EU Corporate Bonds) on a monthly basis, I would really like to invest in real estate.

    Given my current financial situation, I cannot buy a house or commercial real estate without financing almost 100%. I mean, I probably could, but I choose not to, because I prefer to save up enough money first. I've researched a bit online, and I've found ETFs like iShares Developed Markets Property Yield (IE00B1FZS350) or SPRD Dow Jones Global Real Estate (IE00B8GF1M35), and from my understanding, they are designed to enable investors to invest into companies from the real estate sector, as a proxy for investments into actual houses or commercial units. So the way I see it, it fits my needs, because (1.) real estate sector, (2.) monthly investments possible, (3.) diversification, meaning not investing into one single house.

    I'd like to hear your thoughts about these kind of ETFs. Do you think they're worth investing in as an addition for the portfolio? Or not?

    Thanks a bunch!

    PS: I'm 30 years old and living in Germany, if that matters...

    submitted by /u/bestengineerever
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    Why would Warren Buffett bet that hedge funds couldn't outperform the S&P 500?

    Posted: 04 Jan 2019 07:15 PM PST

    He regularly states that index funds are the best form of investment but didn't he make his billions through active investing? It just seems contradictory to his success. Is he just subtly saying his success is a fluke?

    submitted by /u/DonutGlasses666
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    Is today’s surge on a positive jobs report and trade talks proof that investors are simply spooked about huge uncertainty?

    Posted: 04 Jan 2019 10:37 AM PST

    Has anybody seen the movie "The China Hustle"? If so, what did you think about it?

    Posted: 04 Jan 2019 09:16 PM PST

    I just saw the movie, came out in 2018, and was wondering what you guys who saw it think about it. If you didn't see it yet, it's about chinese companies being listed on American stock exchanges and being found out as fraudulant.

    submitted by /u/Periodicowner123
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    How do you start off with investing? Where do you go?

    Posted: 05 Jan 2019 03:03 AM PST

    I'm thinking of investing a relatively small amount now that I have more of a disposable income. I was wondering what the best way to begin would be?

    submitted by /u/Dorien_Green
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    Is the wash sale rule on a per-share basis?

    Posted: 04 Jan 2019 08:08 PM PST

    Let's say I sold 10k shares for a loss but then decide to buy back 5k before 30 days . Am I still able to claim the loss on the other 5k?

    submitted by /u/SeveralSpace
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    Started a roth 401k with fidelity.

    Posted: 05 Jan 2019 12:43 AM PST

    Hi guys. I started a roth 401k recently through fidelity. Im looking for guidance on what mutual funds/ funds to put it in if anyone has any ideas. I looked through the fidelity funds and the small cap mugual fund looked pretty good but a little risky.

    submitted by /u/alejandro1212
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    Just a tiny rant, I don’t expect anyone to listen nor want simpathy.

    Posted: 04 Jan 2019 09:24 PM PST

    Man building true wealth takes so long, I'm so tired right now. I'm pushing so fucking hard every god damn day.

    I'm not going to stop but I have no one in my family going as far as I am and pushing quite so hard. If I try to vent with them there is not relation. So please don't hate me for telling some of my story and venting some stress, because I'm pushing so god damn hard and it never fucking stops.

    So about 2 and. Half years ago I was almost bankrupt I had just left the military I did not know how much income bills took. So I was shockingly supprized when it was hard to live when 75 percent of all income came went to debt. Instead of going bankrupt I decided to bunker down. I went into sales made enough to pay the debt lived with family cause anything else was impossible, I got a second job payed off all that debt in 1.5 years and haven't been in debt sense and very happy. And sense I've been out of debt I've been focusing on building assets. My first goal is buying a duplex cash by the age of 26 which I am on tract for. Unfortunately I had to move from my parents home. Good for them my mom got promoted and moved to another state, I didn't want to move from my fiancé though so I chose to move closer to her in Milwaukee. At first I chose to live in the hood to save, living was cheap all bills added up to 700 then anything left was mine for investing. I got a death threat because of my skin color a few months ago and because of my rediculas sense of responsibility and no excuse attitude towards my goals and dreams I have chosen to live in my car and save more instead of fine another place to rent, I am in engineering school for a great university here using my GI Bill and working full time and managing all of this is so fuckingdamn stressful. Between me and my fiancé we save rediculas amounts a year, but every night I go to bed when it is cold specially once it starts getting negative temps I know I am starring death in the face for my dreams. And it's just so tiring going through the fucking grind man I am eather sleeping in a cold as fucking car studying my life off for one of the hardest degrees out there or working and if I have anything left it goes delightfully to my fiancé. But fuck man I'm just so exhausted and I am not willing to back down eather but it really fucking sucks having only one person to vent to I dont have friends cause everyone I know wants to party and isn't concerned with making an impact on there future I get along with 50 year olds that own businesses and have family's it is very hard to make friends here specially in that category because all of my time is taken from work school fiancé and managing my car situation, Idk it's just frustraighting. As of now I have 11 months untill I get my first duplex in a working class area. Man I can't wait I am seriously almost in tears just thinking about what it will be like to own it free and clear.

    Could someone maybe tell me there success story to give me some inspiration for some energy, like I said in the title I don't want pity I just wanted to vent out loud because of lack of relatable relationships in my life. But I love to hear other people's storys and how they became successful. It really lights me up!

    Thanks! Regards.

    submitted by /u/Usnavy91893
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    AirBnB IPO

    Posted: 04 Jan 2019 04:18 PM PST

    What do you think of upcoming AirBnB IPO?

    submitted by /u/jamesblind
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    Do other companies own shares of different companies like Berkshire?

    Posted: 04 Jan 2019 03:30 PM PST

    Let's say Facebook invests 10 billion in Pepsi stock? Just an example

    I never see stuff like that mentioned so what makes berkshire so different?

    submitted by /u/wesred
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    Does after hours trading tend to follow the day's trend?

    Posted: 05 Jan 2019 12:06 AM PST

    When the market closes, does AH trading follow the day's bull or bear trend? Thanks

    submitted by /u/vinpannn
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    Can I get advice on my investment strategy?

    Posted: 04 Jan 2019 11:37 PM PST

    500 a month into Roth IRA in VTSAX 100%

    1,000 a month in VTSAX in Taxable account

    500 a month of (This is just gambling money but basically 6,000 a year on) APPLE/MICROSOFT/COSTCO/VISA/AMAZON/BANKS ETC in Taxable account

    I'm young so I think I should be fine mostly stocks.

    Any advice much appreciated, as I just left crypto a long time ago, and have been wanted to get into stocks.

    submitted by /u/soulmysold
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    In 1994 Orange County CA Went Bankrupt. Why Did This Cause Treasury Yields to Jump 50%

    Posted: 04 Jan 2019 05:23 AM PST

    1994 OC bankruptcy caused a shock in the bond market. Municipalities were hit hard, which makes sense, but why did 10 year treasury yields go from 5.17% to ~8%?

    Shouldn't that have triggered a "flight to safety"? Would this happen today, and if not what has changed?

    submitted by /u/Chillbro5587
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    Dow Jumps 625 Points Because There’s Too Much Good News to Ignore

    Posted: 04 Jan 2019 08:38 AM PST

    Barron's suggests the gains are the result of a trifecta of good news:

    1. There were reports that the U.S. is sending a delegation to China for trade talks next week.
    2. The jobs report was strong enough to call into question the entire recession narrative.
    3. In comments made on a panel this morning, Fed Chairman Jerome Powell suggested he's heard the market's concerns and will be patient with monetary policy.

    Do you believe the demise of this great economy was greatly exaggerated, and we will continue to rise? Or, do you think these numbers may be misleading and/or there is still a lot of speculation out there—eliminating any real signs of stability.

    submitted by /u/TheBoogz
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