Daily advice thread. All questions about your personal situation should be asked here Investing

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• Daily advice thread. All questions about your personal situation should be asked here
• OxyContin maker Purdue Pharma exploring bankruptcy - sources
• China unveils tax cuts after slashing growth target
• (Newbie Question) Why do companies care about their stock price?
• What a $10,000 Investment in an S&P 500 Index Fund in 1980 Would Be Worth Today
• China's superrich are losing faith in the country's economy, with some even worried it will turn into the next Venezuela
• Buying Corporate Bonds
• Target shares surge as company beats Wall Street estimates
• £50,000
• Aphria receives Health Canada License Amendment, adding 800,000 square feet of facilities
• « You don’t own a chinese stock, you own a tracking stock » - Kyle Bass
• Tax Efficient Funds for Short Term Purchase
• Kohl's shares jump on better-than-expected profit, sales during crucial holiday shopping season
• How do millionaires/billionaires track their money?
• Best way to learn about annuities
• Can I invest in a stock/mutual fund/ETF if on SSDI?
• The Beach-Bum Investors
• Bill Gross Is Right About Alpha Getting Harder
• Dumb Question - Why are bond ETFs fluctuating?
• Roth IRA vs Traditional IRA
• What’s Europe’s equivalent (or next best thing) to a Vanguard etf?
• Beating the market when the pros struggle
• Portfolio Analysis/Suggestions
• What is happening with United healthcare Inc? (Unh)

Daily advice thread. All questions about your personal situation should be asked here Posted: 05 Mar 2019 04:12 AM PST If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following: How old are you? Are you employed/making income? How much? What are your objectives with this money? (buy a house? Retirement savings?) What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) What are you current holdings? (Do you already have exposure to specific funds and sectors?) Any other assets? House paid off? Cars? Expensive significant other? What is your time horizon? Do you need this money next month? Next 20yrs? Any big debts? Any other relevant financial information will be useful to give you a proper answer. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! submitted by /u/AutoModerator [link] [comments]

OxyContin maker Purdue Pharma exploring bankruptcy - sources Posted: 04 Mar 2019 07:30 AM PST http://www.reuters.com/article/us-purduepharma-bankruptcy-exclusive/exclusive-oxycontin-maker-purdue-pharma-exploring-bankruptcy-sources-idUSKCN1QL1KL submitted by /u/pipsdontsqueak [link] [comments]

China unveils tax cuts after slashing growth target Posted: 05 Mar 2019 12:43 AM PST https://www.bbc.com/news/business-47450223 China's number two leader Li Keqiang has warned the country faces "a tough struggle," as he laid out plans to prop up the world's second-largest economy. Opening the annual session of China's parliament, he forecast slower growth of 6% - 6.5% this year, down from a target of around 6.5% in 2018. China has struggled with a slowing economy and a US-led trade war. It plans to boost spending, increase foreign firms' access to its markets, and cut billions of dollars in taxes. "In pursuing development this year, we will face a graver and more complicated environment as well as risks and challenges... that are greater in number and size," Mr Li said in a lengthy speech. "We must be fully prepared for a tough struggle." Mr Li told 3,000 delegates at the National People's Congress that China would aim to deliver nearly 2 trillion yuan ($298bn; £227bn) of cuts in taxes and other company fees. A value-added tax (VAT) for transportation and construction sectors will be sliced from 10% to 9%, and VAT for manufacturers will fall from 16% to 13%, he said. submitted by /u/legitqu [link] [comments]

(Newbie Question) Why do companies care about their stock price? Posted: 04 Mar 2019 11:58 PM PST Okay, so as I understand it, when a company makes an IPO, it does so on a primary market - i.e. it is the company itself selling the stocks. It takes home the money. ​ When you or I trade stocks, we're using an exchange - secondary market, meaning you and I trade with other you's and I's, and not the company itself. ​ I thought that the companies continued to make money from stocks being traded, so if I bought 10 shares of AMZN, Amazon would be getting that money, but apparently not since they made their money in the IPO, and really it goes to Joe Smith who wants to get rid of his AMZN? ​ So, apart from the equity that the employees/owners of the company have in the company, why do they care about stock prices? Why is it bad if it goes down (from the company's perspective)? Does the company itself own some of that stock and can therefore liquidate for capital if needed? submitted by /u/mynamemyplane [link] [comments]

What a $10,000 Investment in an S&P 500 Index Fund in 1980 Would Be Worth Today Posted: 04 Mar 2019 04:32 PM PST I came across this website that stated $10,00 invested in 1980 would be worth $760,000 as of Feb. 1, 2018. Does that sound correct? https://www.fool.com/investing/2018/02/08/heres-what-a-10000-investment-in-an-sp-500-index-f.aspx ​ They stated the following "To illustrate this, let's say that you had invested $10,000 in a low-cost S&P 500 index fund in 1980. Since Jan. 1, 1980, the S&P 500 index has generated a total return of approximately 7,670% as of this writing. This translates to a 12.1% annualized rate of return. Assuming an expense ratio of 0.1% on your index fund (you can find even lower costs now), this means that a $10,000 investment would have turned into just over $760,000 as of Feb. 1, 2018." ​ I ran the numbers by this website https://dqydj.com/sp-500-return-calculator/ using Feb 1980 to Feb 2018 inflation adjusted Total S&P 500 Return 643.459% Annualized S&P 500 Return 5.421% Total S&P 500 Return (Dividends Reinvested) 1914.994% Annualized S&P 500 Return (Dividends Reinvested) 8.224% ​ I am just curious if I am using the calculator correctly or if that article is wrong. submitted by /u/whoframed [link] [comments]

China's superrich are losing faith in the country's economy, with some even worried it will turn into the next Venezuela Posted: 04 Mar 2019 09:07 AM PST China's superrich are losing their faith in the country's financial future as fears around the impacts of slowing global trade and slowing economic liberalization cause worry. A new survey found that just over a third of China's superrich described themselves as "very confident" about the future of the Chinese economy. That's less than half the number who said the same two years ago. Some rich citizens are even scared that China could end up following the same path as the once prosperous Venezuela, according to The New York Times. https://www.businessinsider.com/china-economy-super-rich-worry-it-could-turn-into-next-venezuela-2019-3 submitted by /u/NineteenEighty9 [link] [comments]

Buying Corporate Bonds Posted: 05 Mar 2019 04:53 AM PST I know next to nothing about buying corporate bonds. What has me thinking about it is I was reading an article where it mentioned that ATT pays about 3.5% to service it's debt. I would like to know if there is a way to purchase a bond or another way I could get my money that I don't want in the stock market to earn 3.5% I have looked on Vanguard and their section where you can buy corporate bonds. But, so far it has just confused me. Thanks! submitted by /u/HomeOfTheBRAAVE [link] [comments]

Target shares surge as company beats Wall Street estimates Posted: 05 Mar 2019 04:22 AM PST https://www.cnbc.com/2019/03/05/target-reports-q4-2018-earnings.html Target beat analysts' expectations for its earnings and revenue. Sales at Target stores open for at least 12 months rose 5.3 percent from the prior year. Its digital sales surged more than 25 percent for the fifth year in a row, even as its net income slid 26.5 percent. Earnings per share, adjusted: $1.53 vs. $1.52 expected Revenue: $22.98 billion vs. $22.96 billion expected Same-store sales: up 5.3 percent vs. growth of 5.1 percent expected submitted by /u/coolcomfort123 [link] [comments]

£50,000 Posted: 05 Mar 2019 03:58 AM PST In your bank is £50,000 ($66,000) of disposable money, house is sorted, car is sorted, bills are sorted. What do you do? submitted by /u/charleseast_ [link] [comments]

Aphria receives Health Canada License Amendment, adding 800,000 square feet of facilities Posted: 04 Mar 2019 11:47 AM PST https://www.newswire.ca/news-releases/aphria-receives-health-canada-license-amendment-approving-fully-expanded-production-at-aphria-one-858354161.html submitted by /u/PapaNixon [link] [comments]

« You don’t own a chinese stock, you own a tracking stock » - Kyle Bass Posted: 05 Mar 2019 05:17 AM PST You heard that the world index will massively increase the amount of chinese stocks in it? This morning, Kyle Bass was on CNBC saying that the Chinese government controls its public companies, that when you buy a chinese stocks here, really, you own no part of the company. You own some kind of tracker. In the event of a bankrupcy, westerners would be left with nothing. I own a position in the world index through a Vangard ETF and so, this affects me and I dont't feel one bit comfortable with the re-weighting. I don't want a good part of my savings go to stocks that are not really stocks. I also certainly don't like how the chinese government is engineering their economy. What if like Kyle Bass says, their 10% GDP money printing catches up to them in 2 years and their stock market goes down hard? Sure it may go up in the short term but they are slowing down. If you look at the long term chart of chinese market, it looks terrible. Here is the interview: https://www.cnbc.com/2019/03/04/kyle-bass-predicts-us-interest-rates-will-head-back-to-zero-in-2020.html What do you think? submitted by /u/glouglou_ [link] [comments]

Tax Efficient Funds for Short Term Purchase Posted: 04 Mar 2019 05:47 PM PST Hello everyone, I am looking to save for a down payment on a car that I'd like to purchase in 2-3 years, I am looking to save about $1000 a month with a few lump sums every couple months. My goal is to save between $50-80k, what are some tax efficient funds(or other investments) that will help me reach this goal? I was looking at Vanguard tax efficient funds and REIT investments. Thanks for the help! Note: I would prefer not to put this money into a savings account. Edit: I also need to be able to pull the money out within a few days as build slots open sporadically submitted by /u/milesprrhour [link] [comments]

Kohl's shares jump on better-than-expected profit, sales during crucial holiday shopping season Posted: 05 Mar 2019 04:55 AM PST https://www.cnbc.com/2019/03/05/kohls-earnings-q4-2018.html Kohl's shares jumped 5 percent in premarket trading Tuesday after the company reported better-than-expected earnings and revenue and strong growth in foot traffic during the fourth quarter. Comparable shares were up 1 percent versus up 0.3 percent as analysts expected. Comparable sales increased by 1.7 percent for the year. Adjusted earnings: $2.24 per share vs. $2.18 per share forecast by Refinitiv Revenue: $6.823 billion vs. $6.579 billion forecast by Refinitiv submitted by /u/coolcomfort123 [link] [comments]

How do millionaires/billionaires track their money? Posted: 04 Mar 2019 09:56 AM PST Do they just login to Schwab or Vanguard like the rest of us to view their investments? I know Gates has his Cascade Investments LLC and Bezos has his various investment instruments, but what do the rest of the high net worth individuals use? Any techniques or strategies that would apply to someone currently growing their total portfolio and looking for long term management and success? submitted by /u/r3w0r [link] [comments]

Best way to learn about annuities Posted: 05 Mar 2019 03:56 AM PST First things first...if you're coming in here to regurgitate Ken Fisher or Dave Ramsay, fuck off. Not interested in your opinion on annuities, because if you aren't capable of seeing a purpose for them, you shouldn't even be in this sub. My annuity knowledge is woefully inadequate and I'm looking for things to read that will help me understand what I'm looking at, how they're built, differences within each category, etc. Not so much the super basic information, but the info that's specific to each category of annuity, so that when I pick up a fact sheet or marketing piece, I can understand the pros and cons of each. Everyone in my office just said to call our wholesaler, but the guy makes it about 13 seconds of speaking actual English before he dives into "I'm smarter than you so here's 45 minutes of jargon" and no one in my office actually does any annuities, so I'm not sure they're the best to be giving advice. If you think something might help, please post it. Thanks in advance. submitted by /u/ShitFinancialAdvisor [link] [comments]

Can I invest in a stock/mutual fund/ETF if on SSDI? Posted: 04 Mar 2019 09:46 PM PST I do not have earned income. I would like to save for the future and set up an account. I have some inherited money that I would like to maximize as much as possible. I've been looking into Vanguard, Schwab and Fidelity, but from my research so far I don't think I'm eligible. submitted by /u/sceatta [link] [comments]

The Beach-Bum Investors Posted: 04 Mar 2019 12:43 PM PST I'm going all out this year to try and create a community of traders who trade independently but stay together as part of a trader "commune" so to speak. In beautiful surroundings, with a view to sharing ideas daily, getting our trades on and hitting the beach in the afternoon. The idea being that day trading is a pretty lonely business and although I've not been trading that long, it's something I wish to do for a long time to come. I was previously living in the south of Spain when the idea/fantasy came to me. I'll be returning at the end of April. The idea: Hire a nice Hacienda, kit it out, get a group of like-minded traders together and really kill the isolation and lonliness and start turning a fantasy into a reality. So, I though I'd throw the idea out here to see if there's anyone who'd like to get away for a while and live a different lifestyle. Trades on, hit the beach. That's it! Happy to hear your thoughts and hopefully there's one or two of you guys/girls out there that might be on the same wavelength. Thanks! submitted by /u/wooden_suit [link] [comments]

Bill Gross Is Right About Alpha Getting Harder Posted: 04 Mar 2019 11:11 PM PST https://www.bloomberg.com/opinion/articles/2019-03-04/bill-gross-is-right-about-alpha-getting-harder submitted by /u/badtradeseveryday [link] [comments]

Dumb Question - Why are bond ETFs fluctuating? Posted: 04 Mar 2019 11:47 AM PST It might sound stupid, but why do long term or short term government bond ETFs fluctuate over the years? Government bonds are low-interest fixed income instruments. So if a large fund consistently buys such bonds with different maturity dates, shouldn't this fund slowly and steadily rise with a small percentage (their yields) each year? In short, why does $IDTL (iShares $ Treasury Bond 20+yr UCITS ETF) fall in certain times when it should always increase with 3%-ish each year, like a normal gov't bond? This Investopedia article didn't make it clear enough for me... ​ Thanks a lot! submitted by /u/marc940422 [link] [comments]

Roth IRA vs Traditional IRA Posted: 04 Mar 2019 01:32 PM PST Hi guys, I'm new to investing (18 yrs old) and read that a good investment is opening an IRA. What is the difference between these two and which is better? submitted by /u/_AceMercury_ [link] [comments]

What’s Europe’s equivalent (or next best thing) to a Vanguard etf? Posted: 04 Mar 2019 02:50 PM PST Hi everyone, I'm 21 and have recently started investing. Ideally, I would invest into a vanguard etf or a similar fund that will track the s&p 500 index. My goals are long term. The only problem is that I am from Ireland so a vanguard etf is not viable. Does anyone have any advice as to where I can find the next best thing. i.e. low fees, consistent growth in the long term. Apologies if I've worded this weird or used the wrong terms, I'm new to investing. submitted by /u/lukeFox97 [link] [comments]

Beating the market when the pros struggle Posted: 04 Mar 2019 11:09 AM PST In a recent interview on CNBC, Buffett mentioned that his lieutenant came close to beating the S&P 500 but not quite. He went on to recommend the retail investor to just index. If the experts fail to beat the index, what makes you confident that you can? In other words, what differences exists between the big guys and us that it would be easier for us to beat the market over the long term? submitted by /u/naxabiru [link] [comments]

Portfolio Analysis/Suggestions Posted: 04 Mar 2019 06:39 PM PST 21 y/o- looking for some criticism and what type of industries/securities I need to be investing in. I have cash I would like to invest.These are my current positions in Stocks/ETFs. I am feeling optimistic that the market is going to rise a bit more before another recession. I am looking for advice on my current positions as well as how I can diversify more for the long term. Thanks ​ AMZN AMAT BIDU COST DPLO FB GPRO INSY QQQ RYT IWM LULU MPC MSFT PFE ROKU SSD SONO DIA SPY VFH VEA VGT VTI WMT submitted by /u/DifficultRace [link] [comments]

What is happening with United healthcare Inc? (Unh) Posted: 04 Mar 2019 10:14 AM PST Thing has dropped like crazy the last week with only that Amazon suit being linked on most news articles. Why is this giant getting lopped off at the knees over the last 5-10 days? submitted by /u/JohnSpartans [link] [comments]

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