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.
- Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
- US stock futures fall on report China wants more talks before signing ‘phase one’ trade deal
- High net worth people in their early 30s
- How many multiples of your current salary do you have saved up and what’s your age range?
- Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of ‘thumb-sucking’
- Who was the investing guru that shorted several IPO stocks during 1930s crash and made huge money?
- Is it a good investment to buy my grandmother's house to flip?
- JP Morgan Chase shares surge after bank posts record revenue above Wall Street expectations
- Bernie Sanders is right, it’s time to redistribute economic power
- Who else uses Interactive Brokers here? Issue: no filter option next to the volume field.
- Trying to better understand dividends...
- Neil Woodford Fund Being Wound Up
- Stock recommendations from Motley Fool?
- Short term Investment (2 months)
- UPS Franchise. Worth it???
- Does investing in a hair salon make sense
- FT follow up on Wirecard Fraud
- General opinion on possibility of recession on 2020
- Experienced traders, what are your thoughts on not cutting losses on stocks you know will go back up?
- Oil is the play
- 29/ yr old new to investing.. please advise
- Some Light Background on BIMI
- Is China about to collapse? Talk me off the cliff please.
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 15 Oct 2019 05:09 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:
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! [link] [comments]  |
| Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks Posted: 14 Oct 2019 11:26 AM PDT Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump's tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the tax code and do away with off-shore tax havens. The senator is also calling to democratize corporate boards, ban stock buybacks and diversify corporations. The detailed plan includes these highlights, according to the campaign website:
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| US stock futures fall on report China wants more talks before signing ‘phase one’ trade deal Posted: 14 Oct 2019 05:10 AM PDT
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| High net worth people in their early 30s Posted: 14 Oct 2019 07:47 PM PDT What are you doing with your money right now? Are you deploying it in the market or leaving more money in cash? I wanna hear what everyone is doing with all the volatility in the markets. [link] [comments]  |
| How many multiples of your current salary do you have saved up and what’s your age range? Posted: 15 Oct 2019 04:43 AM PDT Just curious where most people sit in terms of equity. How many times your currently salary do you have saved up and around how old are you? [link] [comments]  |
| Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of ‘thumb-sucking’ Posted: 14 Oct 2019 01:53 PM PDT David Rolfe noted his frustration with Berkshire Hathaway's massive cash hoard, lackluster investments and what he thinks are missed investment opportunities by the Oracle of Omaha and his team during the current bull market. Berkshire Hathaway shares have lagged the S&P 500 over the current bull run, which started March 2009. "Thumb-sucking has not cut the Heinz mustard during the Great Bull Market," he says. [link] [comments]  |
| Who was the investing guru that shorted several IPO stocks during 1930s crash and made huge money? Posted: 14 Oct 2019 08:40 PM PDT Who was the investing guru that shorted several IPO stocks during 1930s crash and made huge money? I remember reading from somewhere but can't seem to find it online. Thanks in advance. [link] [comments]  |
| Is it a good investment to buy my grandmother's house to flip? Posted: 14 Oct 2019 08:05 PM PDT My grandmother has offered to sell me her three bedroom house for $50,000. With renovations, I could flip it on the current market for around $120,000, but we're looking at about another $10-20,000 in renovations. But I would prefer to live in one bedroom, and add an extra bedroom, and then rent out the three bedrooms for around $400-500 each. I will put smart locks on each bedroom door and I will make the rest of the house a common area. My mortgage payment would be around $250/month. Is this a reasonable investment plan? I am not sure because the renovation costs seem a little steep to me. What do you guys think? [link] [comments]  |
| JP Morgan Chase shares surge after bank posts record revenue above Wall Street expectations Posted: 15 Oct 2019 05:04 AM PDT https://www.cnbc.com/2019/10/15/jpmorgan-chase-earnings-q3-2019.html The bank says third-quarter profit rose 8% to $9.1 billion, or $2.68 a share, exceeding the $2.45 estimate of analysts surveyed by Refinitiv. Revenue also rose 8% to $30.1 billion, exceeding the $28.5 billion estimate, and the bank cited growth in home loans, auto and credit cards. The stock rose 1.7 percent in early trading. [link] [comments]  |
| Bernie Sanders is right, it’s time to redistribute economic power Posted: 15 Oct 2019 05:02 AM PDT ligarchy rules the United States: the republic has been ransacked, its commonwealth privatised, and rentierism runs amok. The richest 10% of Americans capture an estimated 97% of all capital income – including capital gains, corporate dividends and interest payments. Since the financial crisis of 2008, almost half of all new income generated in the US has gone to the top 1%. The three wealthiest people in the US now own more wealth than the bottom 160 million Americans. And the richest family in America – the Walton family, which inherited about half of Walmart's stock – owns more wealth than the bottom 42% of the American people. The case for bold action is clear and overwhelming. Only a deep reconstruction of economic and political rights can challenge oligarchic power and halt runaway environmental breakdown. Fortunately, Bernie Sanders has just announced a new plan that matches the scale of the crisis. His announcement on Monday of the corporate accountability and democracy plan is the latest and boldest proposal for economic democracy in America to emerge from the Democratic presidential race. At its core, it seeks to democratise the company by redistributing economic and political rights within the firm away from external shareholders and executive management toward the workforce as a collective. This is about redistributing wealth and income, but critically, it is also about redistributing power and control. Democratising the company would transform it from an engine of wealth extraction and oligarchic power toward a genuinely purposeful, egalitarian institution, one where workers would have a collective stake and say in how their company operates, and would share in the wealth they create together. The Sanders plan would transform and democratise economic and political rights by fundamentally rewiring ownership and control of corporate America. Companies would be required to share corporate wealth with their workers, transferring up to 20% of total stock over a decade to democratic employee ownership funds. The monopoly on voting rights that private external shareholders and their financial intermediaries have benefited from would be ended; employees would be guaranteed the right to vote on corporate decision-making at work, and have a voice in setting their pay, regardless of the kind or size of company or firm they work for. Corporate boards would be democratised, with at least 45% of the board of directors in any large corporation directly elected by the firm's workers. And the outrageous power of asset management – whose actions have done so much to accelerate the climate crisis by continuing to invest heavily in fossil fuel companies – would be ended. Asset managers would be banned from voting on other people's money – the collective savings of millions of ordinary workers – unless following clear instructions from the savers. Taken as a whole, Sanders's plan would radically re-engineer how the company is controlled and for whom. The echoes with Labour's agenda for democratising economic power is obvious, particularly John McDonnell's inclusive ownership fund proposal, and further evidence of an increasingly fertile transatlantic pollination of ideas and practice, from the Green New Deal to movement building. Common Wealth, the thinktank that I am the director of, is another example of this, committed to designing ownership models for the democratic economy on both sides of the Atlantic. In this, at least, there is much to learn from the right; Anglo-American conservatism and the new right have long shared intellectual and organisational resources and common aims, from the incubation of neoliberalism, to current salivations over a disaster capitalism-style US-UK trade deal. It is time progressives did the same. An emphasis on reimagining ownership and governance is a vital step forward. We face two deep crises – environmental breakdown and stark inequalities of status and reward – both sharing a common cause: the deep, undemocratic concentration of power in our economy. Working people lack a meaningful stake and a say in their firm. Corporate voting rights are near-monopolised by a web of extractive financial institutions. The needs of finance are privileged over the interests of labour and nature. Tinkering won't address this deep imbalance in power. To build an economy that is democratic and sustainable by design, we need to transform how the company operates and for whom. For the left, remaking corporations must be at the heart of a radical agenda. The company is an extraordinary social institution, an immense engine for coordinating production based on a complex web of relationships. The critical question is who controls how it operates and who has a claim on its surplus. Today, the answer is a combination of shareholders, institutional investors and executive management; the company has been captured by finance and extractive economic practices, but it doesn't have to be that way. The company – and the distribution of rights within it – are neither natural nor unchangeable. There is nothing inevitable about the existing, sharply unequal distributions of power and reward within them. The company is a social institution, its rights and privileges publicly defined. We can organise it differently: through social control, not private dominion, via democracy, not oligarchy. Sanders's announcement is an important step toward that democratisation, and the deeper economic reconstruction that both people and planet deserve. [link] [comments]  |
| Who else uses Interactive Brokers here? Issue: no filter option next to the volume field. Posted: 15 Oct 2019 04:04 AM PDT If no one knows, can you at least tell me in which subreddit/forum it is likely that I get an answer?... I have the following issue: So, apparently there is a filter option for the "Volume" field in the Mosaic Market Scanner (I 've seen it on youtube videos), but not in mine!! (note: I haven't subscribed to the live market data yet.) I 've asked for help through their live support chat. I have talked with 3 assistants so far:
What do you think? Which one is true? (#1Of course isn't right) I don't want to spend on subscribing to live market data, only to find out there is still no filter option for the "Volume". Live market data would cost me around 60$/mon. Thanks for your time reading through my post! [link] [comments]  |
| Trying to better understand dividends... Posted: 15 Oct 2019 12:18 AM PDT CPAC is a low cost stock that seems to give great returns. When I compare this to MSFT they give less of a dividend but costs over 10x more per share? What am I missing? CPAC share ~ $9.00 Dividend = .5564 MSFT share ~ $140.00 Dividend = .51 [link] [comments]  |
| Neil Woodford Fund Being Wound Up Posted: 15 Oct 2019 12:14 AM PDT https://www.bbc.co.uk/news/business-50052945 After the troubled times the Woodford fund has recently suffered the fund is now being wound up due to being unable to sell the illiquid assets. [link] [comments]  |
| Stock recommendations from Motley Fool? Posted: 15 Oct 2019 03:18 AM PDT |
| Short term Investment (2 months) Posted: 15 Oct 2019 02:50 AM PDT Hello everyone, Im looking for some advice on a short term investment, possibly from now until the end of December. Basically, I inherited my grandmother's stocks just a month ago, but I have to pay inheritance tax since I live in a foreign country. The plan is to pay for the tax with a security loan. So as of now the stocks are worth around 800k, and I'm allowed to take out a security loan of 400k at maximum. Since I still have two more months until I have to payoff the inheritance tax, I'm trying to take out the loan earlier and try to make some money with it before it all goes to paying off the tax. My plan is to take out 300k and invest it in a stock until the end of December (or take it out earlier) until I earn a 20~30% return on my investment. Any suggestions on how I should invest this money? [link] [comments]  |
| Posted: 14 Oct 2019 10:42 PM PDT Hi Everyone, is buying a UPS store worth it? Any experiences? I work full time so will require employees to support the business during the day and plan to be heavily involved after work. [link] [comments]  |
| Does investing in a hair salon make sense Posted: 14 Oct 2019 09:48 AM PDT Purchase price $45k Expensives (monthly): 1. Rent: $800 2. Phone, Cable, internet: $175 3: Electric: $250 Combined monthly: $1,225. Combined yearly: $14,700. Income (weekly) Per stylist :$150 Space fits 4 stylist. (All stylist chairs are currently occupied) Income monthly: $2400. Income yearly: $28,800. Returns after expensives: $14,100. ROI :31.33% Time to cover your initial investment: In months: 38 In years: 3.19 [link] [comments]  |
| FT follow up on Wirecard Fraud Posted: 15 Oct 2019 01:31 AM PDT For those who have a FT subscription, I suggest you give it a read, pretty interesting stuff. Stock was down about -15% one hour after open. [link] [comments]  |
| General opinion on possibility of recession on 2020 Posted: 15 Oct 2019 12:32 AM PDT The world market especially US has been in one of its longest bull market run.I would like to have opinions about any possible recession in foreseeable future as some says that maybe we are in index price bubble. [link] [comments]  |
| Posted: 14 Oct 2019 08:02 PM PDT I see a lot of talk about risk management and selling once you lose a certain percentage. For someone who isn't in a rush to make as much as possible in a certain timeframe but is simply looking to make a profit long term, is it a bad idea to simply not sell your share when it begins to dip? For example, I don't see the point of setting a stop-loss for 5% when I know it will go back up eventually because then I'm just selling for 5% less than I bought for. Say we're talking about Apple, even if it continues to drop past that a substantial amount, it will go back up eventually and I can simply buy more shares while it's down. I understand that I could sell at a 5% loss and then buy back once it drops down by say 15%, but I feel like that is just trying to predict. Am I overlooking anything with this mentality? thanks [link] [comments]  |
| Posted: 14 Oct 2019 01:04 PM PDT I feel like investing from this moment forward for the next year is going to be difficult. Oil is the only thing I can make a case for having great upside. The dollar is about done going up. (Rather than go into why please look up my history I called the dollar going up when everyone was bearish). Remember oil is priced in dollars Economic data/ earnings should be bad enough to get the market to force the fed to act and become dovish, really to have them force inflation. We should see commodities and food go up in price. Many think if there is bad economic data demand will go down but oil is an inelastic good and Projections aren't for a major contraction unless the fed fails to act, which I think is unlikely given their past. So that leaves us at a place where inflation is likely coming forced by the fed. And oil which is hated by everyone is a great way to play that. You could also play TIPS. I'd love feedback and for you to dive into my past posts to judge my views before and how they've played out. Last year I was saying get long the dollar and bonds and you can go back and see for yourself. [link] [comments]  |
| 29/ yr old new to investing.. please advise Posted: 14 Oct 2019 11:37 PM PDT Noobie 29 yo looking to set and forget portfolio. What do you think about the portfolio below? VGT 13.11% VOO 31.27% VB 13.73% BND 14.74% VXUS 19.47% cash 7.69% [link] [comments]  |
| Posted: 14 Oct 2019 07:18 PM PDT Wondering about the movement today? Here's a little breakdown: BIMI went up 500% today after acquisition! 🚀 •What happened?—> NF Energy Saving Corp. (NASDAQ: BIMI) exploded up after news broke about acquiring Boqi Zhengji Pharmacy Chain Co., Ltd. this morning. The company acquired is huge in China, owning over 300 stores and franchises. 💊 •Why the acquisition?—> BIMI wants to move towards the health industry "while the market is booming" as said by the CEO. This acquisition shows their dedication to making waves in this new focus. 🔬🏥 •What does BIMI do?—> BIMI is a company based in China that provides energy-saving equipment, tech services, and energy management to clients. 🔋 In February, the company reorganized their Board of Directors and began their shift towards the health industry. 🔋🔜🏥 •WATCH OUT:—> HUGE gains like this are attractive to novice traders looking to simply ride the wave, without a plan. If you want to go in, I strongly suggest looking at previous support and resistance levels to create a plan that will keep your emotions OUT. And if a lot of people start taking profits, the stock will plummet as novice traders get scared and follow the trend. Make sure you go in with a plan and add that stop loss!! 📈📉 Hopefully that helps give a little background on what happened! Please let me know what you think in the comments [link] [comments]  |
| Is China about to collapse? Talk me off the cliff please. Posted: 14 Oct 2019 02:13 PM PDT Can somebody talk me off the cliff here? I think we have roughly 2 years left before a large correction. Could you imagine the headlines if the #2 and #4 bank in America had to be absorbed? Oh wait we've seen that already... And it appears to be China's turn. The only thing I'm skeptical about is the fact China has such greater control over, well everything. At-least read the articles before you tell me i'm and idiot please. https://www.zerohedge.com/news/2019-07-25/chinese-bank-100-billion-assets-about-collapse Edit: To clarify they are not the 2nd and 4th largest bank in general but rather banks that did not file in 2018. [link] [comments]  |
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