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    Sunday, August 4, 2019

    Daily Advice Thread - All basic help or advice questions must be posted here. Investing

    Daily Advice Thread - All basic help or advice questions must be posted here. Investing


    Daily Advice Thread - All basic help or advice questions must be posted here.

    Posted: 03 Aug 2019 05:14 AM PDT

    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.

    Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq

    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
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    Buffett’s Cash Pile Hits a Record; Berkshire Hathaway Is Sitting on $122 Billion

    Posted: 03 Aug 2019 06:55 AM PDT

    Operating earnings drop 11% while stock gains boost net income

    Buffett was a net seller of stocks and slowed repurchases

    https://www.bloomberg.com/news/articles/2019-08-03/buffett-s-cash-pile-hits-record-as-berkshire-holds-122-billion

    submitted by /u/markyu007
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    TIL That Stanley Druckenmiller in 2013 said “(QE is) the biggest redistribution of wealth from the middle class and the poor to the rich ever.”

    Posted: 03 Aug 2019 02:25 PM PDT

    What did Druckenmiller mean by this? And if it's true shouldn't it have gotten more media attention?

    I mean it kinda makes sense as during QE era, the massive wealth gap exploded exponentially during that time so it seems plausible.

    https://www.cnbc.com/2013/09/19/druckenmiller-fed-shifting-money-to-rich-from-poor.html

    submitted by /u/GoldenKaze
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    Waste Management ($WM) is my favorite stock. Am I right or wrong for thinking this way

    Posted: 03 Aug 2019 06:11 PM PDT

    Solid growth, stable in market dips, has a dividend and can adapt with the market. If people gravitate to more recyclables, they can adapt to that etc. It has been on a large run over the last year, but it also traded extremely flat for 20 years from the early 90s to early 2010s.

    Do you see this growth to continue?

    submitted by /u/winkerpack
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    The global impacts of lowering interes rate by Trump

    Posted: 04 Aug 2019 03:16 AM PDT

    OK so first I know that lowering the interest rate wasn't only Trump's decision. However, this play was initiated and heavily backed by the president and very publically on his infamous Twitter account and probably also indoors. Here some general takeaways for now:

    • The impact of lower interest rates is pushing investors to the "play it safe" side of the risk curve.
    • Can you believe that the united states government is still selling mostly short-term paper to finance its obligations when long-term government bond yields are so low?
    • The American is estimated by some to be statistically undervalued today with earnings surprisingly up in Q2, 10-year treasury yields at 1.85% and bank capital/liquidity ratios at an all-time high.
    • Thoughts?
    submitted by /u/Al_dumbell
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    S&P 500 in August, 2024?

    Posted: 04 Aug 2019 03:03 AM PDT

    Where do you see S&P 500 Index being 5 years from now?

    submitted by /u/Cosm1cDvst
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    18 year old who wants to buy books about investing

    Posted: 03 Aug 2019 10:17 PM PDT

    Hello redditors, I am an 18 year old looking for your advice, I want to get into investing but I do not have the money to do so, so for now I want to learn about investing as much as I can, I am an avid reader and would like to know what books do you recommend for an absolute beginner to learn the absolute basics of investing?

    submitted by /u/josepriro
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    How will credit stocks perform in a correction / recession?

    Posted: 04 Aug 2019 02:04 AM PDT

    I'm starting to invest and I was looking into credit and mobile payments stocks, and in particular something like FIS, FISV, V, MA SQ, AXP, or IPAY and TPAY ETF'S. However now I'm wondering how this sector would perform in a correction or recession phase, that may be coming later this year or next one. I'm investing for the long term. Any thoughts?

    submitted by /u/boffum
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    Moving funds from Betterment to self managed vanguard account?

    Posted: 04 Aug 2019 04:35 AM PDT

    Has anyone moved money out of Betterment to a self managed Vanguard account?

    I have about $200K in betterment right now. The bulk of it are on taxable accounts with about $40K in Roth IRA. Googling gave me wildly varied info all of which lacked clear information.

    submitted by /u/myusernamechosen
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    How to transfer stocks in my USAA Roth IRA to Fidelity or possibly even Robinhood

    Posted: 03 Aug 2019 09:43 PM PDT

    I am buying roughly $100 in stocks per month. So the $9 in commission takes up almost 10% of my expenses each month. I'm looking to save a bit by moving the stocks to a Fidelity account or maybe even Robinhood while my trading amounts are low (I am in college right now). How do I do this? I have about $4000 in USSPX and I plan to keep that there. I'd only like to transfer my stocks out of my Roth IRA account. How do I go about doing this?

    submitted by /u/M1A1Death
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    When trading, at what point do you PERSONALLY sell a stock at?

    Posted: 03 Aug 2019 09:42 PM PDT

    I made this post just to get an idea of when people feel they made enough profit from a trade. I guess this could apply to investing as well but i would guess with investing, more money would be involved and a lot higher profit would have to be made before an exit.. DO YOU HAVE A SPECIFIC PRICE YOU LIKE TO MAKE PER TRADE OR DO YOU GO BY PERCENT OF RETURN ON YOUR MONEY? I am not asking when i should sell something, its just to see what everyone's personal preference is on the amount of money made per trade..

    submitted by /u/ls1ws6ta
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    How to quickly import balance sheet to excel

    Posted: 03 Aug 2019 03:26 PM PDT

    Hey I've been searching for an easy way to quickly import a company's balance sheet to excel. For some reason its been very hard to find online, I figured it would be a super easy process since I assume people do it all the time.

    Only solution I've heard so far is copy and paste from Yahoo but I'm hoping there is a more legit way than that...

    submitted by /u/howdope
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    Cannabis short sellers add $169 million against top marijuana companies in July

    Posted: 03 Aug 2019 10:00 AM PDT

    https://finance.yahoo.com/news/cannabis-short-sellers-add-169-million-against-the-top-marijuana-companies-in-july-115934522.html

    Last month, net short positions in the cannabis space increased by 7.2 million shares, or $169.7 million, according to data from market tracker S3 Analytics.

    "In 2019, we've seen quite a shift in investor scrutiny over the sector," he said. "Even into Canada's federal legalization last October most of the industry was predominantly trading around the idea of pro-forma — what was the future promising, what were these next big catalysts unlocking growth? ... Now we're beyond a lot of those initial catalysts, even though there's still a lot of growth to go left in this industry."

    "This is to me a natural reaction with the big price run up at the beginning of the year," he said. "Through this whole correction we've seen more creation more shares coming into the fund, so generally speaking, investors seem to be looking at this as the market maturing, companies working through growing pains, execution pains, but they still have their eyes on the prize which is global expansion and the size that the global market will be in the next 10 to 15 years."

    submitted by /u/coolcomfort123
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    Help me understand this please

    Posted: 03 Aug 2019 09:31 PM PDT

    I still don't get how leverage works with options, like I know if you buy a contract then you have control of 100 shares. An example would be if stock (abc) is at 50 dollars and theres an option for a call at 55 dollars then I would pay 70 dollars or something for it right, then the stock price goes up to 60 dollars, that means I make a lot more than if I would have bought shares of the stock instead right? Am I not getting something here or am I wrong on something. If I'm not wrong and this is how it works than why is there the potential to make more money than just buying shares of the stock itself?

    submitted by /u/69_gamer_69
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    Thanks to Elliot Management's restructuring campaigns in Hyundai Mobis and HMG in Korea, Korea is suddenly returning more and more capital to investors in 2019! Just goes to show you what you can achieve when you don't give up.

    Posted: 03 Aug 2019 02:48 PM PDT

    https://www.bloomberg.com/news/articles/2019-03-06/korea-traders-can-thank-activism-for-newfound-corporate-largesse

    Crazy how big of a deal activist investing can play. I mean this guy literally revealed mass corruption in Samsung by trying to block a merger, which ended up leading to literal impeachment of the South Korean president and (sham) jailing of the literal head of Samsung Corporation. That exposure of corruption & nepotism (like, the vice chairman of the $800 billion corporation getting charged for embezzlement, storing assets/cash abroad, perjury, bribery) led them to seeking damages for $770 million because they knew the entire time the merger between Samsung C&T and Cheil was totally fucked when instead Samsung could pay back dividends to investors. Then he blocked a merger between HMC/Mobis and another korean corruption which he thought would waste cash/be counter-productive was the sole reason the Korean chaebol called it off. He lost the proxy fight to increase/dividends and change the board of directors composition to make it more racially/gender diverse, but Elliot won't give up. And now, they're trying to block restructuring initiatives by Hyundai to make ownership more simple/make it's reach more comprehensive so it can have more control. Even the people in Korea's investment space admit that even though the chaebols own Korea and can't be fucked with, Elliot won't stop until it brings some regime change to these absolutely corrupt chaebols and gets their target returns.

    Never give up, everyone. The chaebols literally own Korea to give you some context, so for them to block a merger and increase dividends is in itself an accomplishment. Samsung and Hyundai literally own Korea (responsible for >30% of GDP).

    submitted by /u/inseong98
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    Another warning to not only hold too much of any one company but not mixing your income and savings more than you need to

    Posted: 03 Aug 2019 12:33 PM PDT

    Keep The Cash? Or Pay Taxes But Earn Compound Interest?

    Posted: 03 Aug 2019 11:20 PM PDT

    Love this community but throw away account for this post

    Alright so I know I'm going to be judged, but basically I'm looking for a financial incentive to do the right thing. Haven't done anything wrong yet, but god it's tempting.

    I'm a sole proprietor (no employees) and I'm often paid in cash. If I work all year, I think I can make about $88k. I planned on claiming $45k this year. The plan was to put any client checks (aka not cash) directly in the bank until I hit $45k deposited. If I don't reach that by the end of the year with client checks, I'll slowly start depositing cash until I hit $45k. And then invest as much of that $45k I put in the bank as I can into the stock market. I've already maxed out my roth with taxed dollars this year. As for the cash, I use it for all my non-business expenses.

    My question is, from a financial stand point (aside from being audited if I'm not careful), will I save more money in the long run, saving nearly half my income from being taxed? Or would I be better off, putting all my earned income in the bank, claiming what I actually make (cash included) minus legal business expenses, and letting that money accumulate over time with the power of compound interest?

    Looking into a SEP IRA and the fact that you can deduct your taxes by 25% of net earnings AND max out your roth, and then do a roth conversion 5 years before retirement has got me thinking I might be better off putting that cash in the bank and then investing it. I'm bad at math though. Please help.

    submitted by /u/thrownaway555123
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    If a hedge fund pays a fine, is it taken out of the investors pockets or the owners?

    Posted: 03 Aug 2019 06:27 PM PDT

    Assume 100M AUM. Fine is 10M, 1 sole owner, 95M of the assets are his investors, 5M is his own. Who pays for it?

    submitted by /u/kompenso
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    This ETF run by a robot is beating the market—here’s how it works

    Posted: 04 Aug 2019 01:26 AM PDT

    CNBC original article

    First and only actively managed ETF to fully utilize artificial intelligence as a method for stock selection

    Harnesses the power of IBM Watson

    The system mimics a team of 1,000 research analysts working around the clock analyzing millions of data points each day

    Previously only available to hedge funds and professional trading firms, this method of stock selection is now available as a prepackaged solution in an ETF

    submitted by /u/mariustoday
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    How high risk exposure is just VOO/VTI

    Posted: 03 Aug 2019 10:12 AM PDT

    What could I do to increase my risk exposure (besides picking individual companies)

    submitted by /u/Mathgoat123
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    Learning curve¿

    Posted: 03 Aug 2019 10:43 AM PDT

    I'm almost done reading the intelligent investor and not sure what to read or learn next. I'm teaching myself and it sometimes feels difficult knowing what topics or ideas I should learn.

    Is there a more modern book that helps the understanding of how to use financial statements, finding intrinsic value, or how to predict the future of a company.

    Help me overcome my learning curve

    submitted by /u/Freakiful
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    31 year old and just started an IRA. What should I buy?

    Posted: 03 Aug 2019 08:05 PM PDT

    I'm 31 and want to start my IRA. Just opened one with Vanguard. Would VTI and VXUS be enough, or should I consider adding something else? Looking for some advice on how I should allocate, too. Thanks!

    submitted by /u/papayaguy12
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    Is there any app that lets you view financials graphically?

    Posted: 03 Aug 2019 04:16 PM PDT

    Is there anything that lets you see income statements, balance sheets etc graphically over time?

    submitted by /u/luislovesmoney
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    International stocks

    Posted: 03 Aug 2019 08:18 AM PDT

    I am looking over my portfolio and am grossly overweight in the US and Alternatives markets. Most of what I read talks about US stocks, where can I find good information on buying international stocks or funds?

    submitted by /u/StoicAthos
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