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

    May 15, 2020

    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: 14 May 2020 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:

    • 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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    Can we get the old r/investing back? This sub has become a cancerous place for green investors to learn how to lose money.

    Posted: 14 May 2020 08:09 AM PDT

    The recent surge in popularity of Wallstreetbets sub has brought an influx of people to r/investing peddling harmful information for new investors, and it pains me to see a sub that was such a great resource for me when I started out investing become infested with losing strategies. Study after study shows that 90% of options traders lose money, that the vast majority of people who try to time the market lose out in the long run, and that almost 92% of actively managed large cap funds lost to the S&P 500 over the last 15 year period. Despite these facts, these losing strategies have been all I have been seeing on this sub over the last few months.

    If the data isn't convincing for you, I've got a story for you about the smartest man I know. Only person I know who got a perfect score on the SATs. Undergraduate and graduate degree in economics and finance from an Ivy League school, after which he became a CFA. Earned multi, multi, millions as a portfolio manager, before retiring young in his late 30's or early 40's. You want to know how he invests now that he is retired? Passive index funds. Do you want to know where he told me most of his hedge fund and mutual fund manager friends invest their own money? Passive Index funds.

    Honestly, over the past few months, wallstreetbets has been a considerably less harmful sub for new investors than here. There seems to be an overarching theme over there that they know they are gamblers and dumbasses, where the options traders here seem to think they are the smartest guys in the room. At least they have funny memes over there to help ease the pain when they inevitably lose their money.

    I don't know what the solution to this is, I'm not sure if banning advice that has been statistically proven to lose money for most investors is a good idea. All I know is that this sub has become a place that is peddling advice that will lose new investors money, and I think it's atrocious. End rant.

    Edit: the amount of disinformation being up voted in this thread is staggering, people not knowing basic things like what the difference between an ETF and an index fund is and people thinking that portfolio managers only get compensated when they are successful. Case in point.

    Edit 2: Since everyone seems to think I am saying everyone should just throw everything in VTI and call it a day because they think that is the only index fund that exits, I'll clarify. If you feel like you have very strong knowledge that a particular sector will outperform, or if you have done a lot of homework and think for example growth stocks are going to crash, it's fine in my opinion to use a low cost index fund to overweight your portfolio towards value. For example, if you think large cap growth is going to continue to outperform, feel free to buy some Fidelity large cap growth index at .035 expense ratio. If you think tech is the way to go, dip your toe into some .08 expense ratio FTEC tech index fund. Hell if you have a stiffy for groceries, go ahead and treat yourself to some .13 % expense ratio XLP consumer staples index (I personally wouldn't buy anything with .1% exp ratio or over, but I don't it's a big mistake for someone to do that.) Using cheap indexes doesn't mean only buy things that completely emulate the market. You can diverge from the market as long as you do it cheaply and within reason.

    Sources: http://www.econ.yale.edu/~shiller/behfin/2004-04-10/barber-lee-liu-odean.pdf https://en.wikipedia.org/wiki/Market_timing#Evidence_for_market_timing https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html

    submitted by /u/dumblogic511
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    For those of you who do extensive research prior to buying a stock, what do you look for in a companies financial statement or financial analysis when deciding to buy or sell? (I.e. profit margin, operating costs, short % of float, p/e, etc.). What do you place you the most weight on?

    Posted: 14 May 2020 11:14 PM PDT

    An Additional 2.98 Million People Filed for Unemployment This week

    Posted: 14 May 2020 05:42 AM PDT

    https://www.dol.gov/ui/data.pdf

    ​

    > In the week ending May 9, the advance figure for seasonally adjusted initial claims was 2,981,000, a decrease of 195,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 3,169,000 to 3,176,000. The 4-week moving average was 3,616,500, a decrease of 564,000 from the previous week's revised average. The previous week's average was revised up by 7,000 from 4,173,500 to 4,180,500.

    ​

    > The total number of people claiming benefits in all programs for the week ending April 25 was 25,363,208, an increase of 6,443,777 from the previous week. There were 1,659,123 persons claiming benefits in all programs in the comparable week in 2019.

    Numbers surpass economist estimates of $2.5 Million Claims

    submitted by /u/guitmusic12
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    Singapore Airlines posts S$732m Q4 loss as bad hedges worsen virus woes. First annual loss in 48-years. -25.2% QoQ, -94.5% YoY

    Posted: 14 May 2020 10:27 PM PDT

    https://www.reuters.com/article/us-health-coronavirus-singapore-air/singapore-airlines-to-report-fourth-quarter-loss-on-fuel-hedges-idUSKBN22K01I

    https://links.sgx.com/FileOpen/AnalystMedia2020.ashx?App=Announcement&FileID=610974

    The airline said in February it had entered fuel hedging contracts through March 31, 2025. That includes hedging 51% of its jet fuel JET-SIN at $78 a barrel and 22% of Brent LCOc1 at $58 a barrel in the current financial year. Jet fuel is now below $22 a barrel and Brent is below $30 a barrel.

    submitted by /u/WeekdayDOW
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    I started my career in November and investing February 5th, 2020 - my strategy as a once peasant Mexican

    Posted: 14 May 2020 11:32 PM PDT

    My history investing in college and my first month investing in February:

    Learned about miners and blockchain validation with a chemical engineering friend before the rally.

    • Bought XRP at $.15 and $.25, sold at $3.28 (I valued at $4 or $5 dollars MAX in 10 years if blockchain found adoption)

    • Bought AMD after the rally at $11 because it was ridiculous how much cost efficiency they had introduced to the market to poor people like me unlike NVIDIA products which always seemed far removed and discouraged me.

    • I started with Panasonic because I had missed out on the window to invest in Tesla at 200-300 range. I believed Panasonic to be similar to AMD's relationship to bitcoin; while all eyes looked at the shiny object, I looked at the boring parts that built it.

    • The market crashed, so I DCA'd aggressively and controlled my emotions through out. I was more concerned with my performance to commitment rather than my returns at the time. I did well.

    • My investments in March 19 was SQ and Lyft

    My Strategy now that I have income

    • I bought up to 5,000 dollars in stocks ranging from FANUC (industrial robotics) to DENNYS (logistics/real estate)

    • I trimmed down to $2,300 but will rapidly rebuild with a different approach:

    • I'm buying 1 stock in the company before making any further developments with. Following this, I will purchase ETFs in sectors that I want to see develop in the next 5-15 years. I will buy 1 stake into these ETFs and combine it with my 1 stock purchase to create the necessary offset.

    • For example, I bought 1 stock of Texas Instruments for $109 followed by a purchase in SOXX ETF for semiconductors, which has the largest ETF allocation to Texas Instruments. I will apply similar logic to companies like Facebook, Paypal, etc.

    ​

    • I do this "1 chip" start in multiple industries because I want to pick some arbitrary point in time but I have a lot of industries & ecosystems that I would like to reasonably participate in. This will still cost a lot of money to start off with and buys me time to study company numbers and outlooks.

    ​

    My current market sentiment

    • I consider where you start on a graph as somewhat arbitrary and see the current market stability as somewhat of an exercise in game theory and rowing a boat throat a thick fog. I believe it's optimal to row cautiously forward and to not stay still. With cautious rowing, you'll be able to react appropriately if you are suddenly met by a waterfall or a path with clearer vision.

    • I value customer service a lot. Back in 2011 I would have said that investing in Blizzard was a good idea simply because they brought their servers down for 8 hours every Tuesday for almost a decade. They did this to ensure higher quality server maitenance in an era where online gaming was unknown territory. If I were to pick an airline, this would be my center of focus. This often means I need to participate in the market in order to invest in it. This is why Netflix beat Blockbuster in the early game and why Disney may win in the late.

    ​

    • I am `BEARISH` on Amazon in the long term. I believe that slowly, but surely, the market will consume Amazon's hold on its markets. I don't believe Amazon will maintain the status quo on cloud computing due to the quality of its competitors. I absolutely LOVE Google Cloud Platform and utilize Firebase real-time database very often. Microsoft has made some extremely important acquisitions recently in Github and NPM. I wonder often how rapid Amazon systems will become maintenance and legacy based systems of a previous era of cloud software utilization.

    • I'm currently building an edtech platform where the system records students effort in various ways and translates that effort into a donation pool. Teachers are provided a platform to share resources and utilize analytics. This is all done in real time with Google and Facebooks frameworks for frontend and Backend development.

    • I have suspicions about Amazon will struggle internationally. I don't know if Amazon will penetrate China the way China does, or if it will succeed in locations south of Mexico against things like Mercado Libre

    • I have suspicions that tech platforms will soon integrate in a meaningful way with financials. As in, the virtualization of stores and forwarded payments in places like the Facebook(Visa) Market Place, Twitter(Square) payment sending, Paypal(honey) & Amazon purchasing, Gaming credits, etc.

    • I am `bullish` on Facebook. Facebook is utterly invaluable and scales globally. The reason it's adopted in Mexico, for example, is because it's cheaper and faster than other services. They also service millions of developers with React and its growing development ecosystem. They provide a standardized marketting platform for small businesses on Instagram, Facebook, WhatsApp, and soon to be JIO. I would not be surprised if they soon enter the fintech sector.

    • I am `bullish` on Paypal. They are seemingly repeating their previous success by servicing large online commerce that are upgrading their systems. Honey/Paypal will scrape coupons for Amazon and force organizations like Visa to compete with real-time financial services.

    ​

    • I am `bullish` on cloud software and networking. I think CDNs and dedicated services for Cybersecurity will maintain. Sure Google provides these services but things like Cloudflare and Fastly have dedicated solutions to fast image processing, DDoS protection, and more that other platforms may not be able to allocate their resources to. Cloudflare has an enormous network, and Fastly provides a great system for you to enjoy content like Reddit. I think it's hard to miss the mark here - the highway of the internet is going to get faster and more assets will be maintained in the server's space - the ecosystem must grow with it.

    ​

    • I am EXTREMELY BEARISH on Beyond Meat. I've been vegetarian for 10 years. IT'S BAD. WE HAVE NOTHING ELSE TO BE EXCITED ABOUT AND WE'RE NOT USED TO HAVING ATTENTION. VEGETARIANS ARE LYING IF THEY SAY IT'S AMAZING. IT'S LITERALLY DOG FOOD

    ​

    • I am `BULLISH` on the long term development of Mexico. I think companies like Kansas City Southern that services Mexican-American relationships will grow well in the long run.

    • I am `BULLISH` on Apple and Adobe. Amazing products.

    ​

    ​

    CURRENT HOLDINGS (ordered by priority & checkup time):

    ​

    GOOG & AMZN exposure through tech ETFs ::: priority FB

    NVIDIA, AMD, Intel EXPOSURE through semiconductor ETFS ::: priority Texas Instruments

    PAYPAL, MERCADO LIBRE, SQUARE exposure through fintech ETF ::: priority PayPal

    Environmental Services exposure through Sanitation ETFS ::: priority Waste Management

    Adobe and AutoDesk exposure through cloud software ETFs :: priority Adobe

    Nintendo exposure through gaming ETFS :: priority Nintendo

    Cisco exposure through cloud networking and edge computing ETFS Cicsco, Fastly, Cloudflare, etc

    TELECOM networking ETFS :: priority TMobile

    Manufacturing technology, industrial sectors, and robotics exposure to Fanuc, ABB, Siemens, Sherwin-Williams, VW, GM, Nissan, Toyota, Panasonic,

    Healthcare services ETF :: priority Cigna

    FB -- LONG

    PAYPAL -- LONG

    TEXAS INSTRUMENTS - LONG

    MSFT -- LONG

    APPLE -- LONG

    ADOBE -- LONG

    DISNEY - LONG

    BITCOIN - LONG

    TMOBILE - 2 YEARS

    VISA -- 2 YEARS

    JPM -- 2 YEARS

    TWITTER -- 2 YEARS

    SQUARE -- 1 YEAR

    LYFT -- 1 YEAR

    FASTLY -- QUARTERLY

    CLOUDFLARE -- QUARTERLY

    1LIFE MEDICAL -- QUARTERLY

    FIVERR -- QUARTERLY

    DRAFT KING -- QUARTERLY YEAR + CHICAGO POLITICS

    GROUPON -- SPARE CHANGE JAR

    ​

    ​

    ​

    EXCITED TO ACQUIRE

    • ADOBE

    • QQQ

    • SHERWIN WILLIAMS

    • TOYOTA

    • KANSAS CITY SOUTHERN

    submitted by /u/codingprofessor
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    ETFs for the Artificial Intelligence sector.

    Posted: 15 May 2020 12:59 AM PDT

    I work in AI and quantum computing, with some level of focus on healthcare applications. I do some investing on the side for fun and I've noticed a big uptake in ETFs in the sector.

    Here's an interesting article on the topic

    submitted by /u/evilbananaman
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    Where did Ray Dalio put Bridgewater's money? The 13-F he filed today (https://fintel.io/i13f/bridgewater-associates-lp/2020-03-31-0 ) shows that he reduced all his public equities exposure by 60%. Thanks in advance!

    Posted: 14 May 2020 01:49 PM PDT

    Where did Ray Dalio put Bridgewater's money? The 13-F he filed today (https://fintel.io/i13f/bridgewater-associates-lp/2020-03-31-0 ) shows that he reduced all his public equities exposure by 60%. Thanks in advance!

    submitted by /u/silly321
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    Who buys when so many experts are bearish?

    Posted: 14 May 2020 07:46 PM PDT

    For the last few years I have seen big names going on these famous TV channels like CNBC and Bloomberg saying how the stock many be overpriced and how QE pumped the market and how negative rates are a bad idea. Right now many are saying the market is too optimistic given all the bad economic data. If big names like Dalio and Druckenmiller and a bunch of others are bearish, then who keeps buying? It can't be retail investors making the market move so much. It must be the funds and big institutions. But those people are aware of what the aforementioned experts say?

    I have seen this a few times. Where big names say one thing but the market keeps going up. But are not the big names the biggest movers of the market?

    submitted by /u/genius3edition
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    [Bloomberg] Dara Khosrowshahi, who completed 41 transactions with a total value of $12.7B as Expedia's CEO, is following the same playbook at Uber of buying competitors. The plan for Grubhub follows the same playbook.

    Posted: 14 May 2020 11:54 AM PDT

    https://www.bloomberg.com/news/articles/2020-05-14/uber-s-ceo-a-seasoned-dealmaker-pursues-his-biggest-one-yet

    In nearly three years at the helm of Uber Technologies Inc., Dara Khosrowshahi has focused mostly on cutting costs. Now he's seeking a return to what defined his career before Uber: buying things.

    Uber is negotiating a potential acquisition of Grubhub Inc. as the coronavirus pandemic drives a surge in demand for food delivery, people familiar with the negotiations said. If a deal is reached, Grubhub, with a market value of $5.3 billion, would be the biggest Khosrowshahi has ever done.

    Khosrowshahi, 50, cultivated a reputation as an effective dealmaker when he ran Expedia Group Inc. for more than a decade. He completed 41 transactions there with a total value of $12.7 billion, according to data compiled by Bloomberg. His tenure at the online travel giant was defined by a strategy he picked up as a top lieutenant to IAC/InterActiveCorp's billionaire chairman, Barry Diller: roll up competitors, integrate them and reap the rewards of scale.

    The plan for Grubhub follows the same playbook. The companies anticipate there would be major cost savings by eliminating jobs seen as duplicative, a person familiar with the negotiations said. This form of corporate efficiency—embraced by investors based on the market's reaction to the news this week—sparked a swift rebuke from some officials in the U.S., one of whom described the proposed merger as "pandemic profiteering." Through a spokesman, Khosrowshahi declined to be interviewed.

    In the negotiations, Grubhub had been seeking a ratio of 2.15 Uber shares for each one of Grubhub's, a person familiar with the talks said. The companies are now discussing a deal valuing Grubhub stock at 1.9 Uber shares, the Wall Street Journal reported.

    Khosrowshahi first developed an admiration for Diller in the 1990s while working as an analyst at the investment bank Allen & Co. Diller, a client of the firm, had made a hostile bid for Paramount Pictures. "I thought to myself, 'That's the guy I want to work for,'" Khosrowshahi told Bloomberg Businessweek in 2017. He joined in the dot-com boom and worked his way up through Diller's portfolio of companies, becoming chief executive officer of Expedia in 2005.

    Expedia had already purchased Hotwire and Hotels.com before Khosrowshahi took over, and he accelerated the strategy. "Them rolling up a category is not exactly new," said Stuart MacDonald, who was Expedia's chief marketing officer at the time and is now a travel industry consultant. "Dara turbocharged it."

    Khosrowshahi tried to balance his acquisitiveness with a thriftiness around the office. His desk at Expedia sat in an open-plan office on the 18th floor of a skyscraper in Bellevue, Washinton, overlooking Seattle. He chose not to rent the top floor because he thought it was too expensive, said Mark Okerstrom, who sat beside Khosrowshahi for seven years and worked with him on a series of high-profile deals. "He's not one of those leaders that presides from an ivory tower," Okerstrom said.

    Khosrowshahi's 12-year tenure at Expedia was defined by an escalating battle with Booking Holdings Inc. Each tried to outflank the other by buying upstart brands, splicing them into their tech ecosystems and squeezing out incremental profits. Revenue at Expedia grew to $10.1 billion, from $2.1 billion, and the company's share price rose nearly sevenfold while Khosrowshahi was in charge.

    His time there culminated with two big deals, one after the other. In 2015, Expedia paid $1.6 billion for Orbitz, swallowing the only serious rival besides Booking to secure a hold of the U.S. market. The Justice Department investigated the antitrust implications for six months and approved the deal. Then, months later, Expedia bought HomeAway for $3.9 billion, helping mount a defense against the latest upstart roiling the industry, Airbnb Inc.

    Neither acquisition went smoothly at first. Revenue took a hit in 2016, due partly to network outages from attempts at merging Orbitz's systems with Expedia's and to HomeAway's runaway spending. "There were a lot of questions at first," said Okerstrom, who took over as Expedia CEO in 2017 before he was ousted last December after clashing with the board over growth prospects. In hindsight, both deals are seen as largely successful for helping Expedia keep the voracious growth of Booking in check. Despite HomeAway's costs, it became a core source of growth for the company.

    When Khosrowshahi wants to get serious at the negotiating table, he has a tell. His hand goes behind his neck, his elbow slides across the desk, and he hones in on the subject with a calming timbre. "He leans into the numbers, he leans into the issues, and he leans into you," said Rob Greyber, who worked with Khosrowshahi at Expedia for about seven years managing the company's often-fraught relationship with airlines. "In a deal, when there can be a lot of emotion going on, he can snap out of all that, which is a great asset."

    In 2017, Khosrowshahi was selected as the unlikely candidate to replace Uber's co-founder, Travis Kalanick, as CEO. Uber, just eight years old at the time, was already a global behemoth with a valuation far exceeding that of Expedia. Khosrowshahi's main tasks were to heal a corporate culture that many employees had described as toxic and bring operational discipline. For the latter, he got to work selling assets and cutting costs.

    Uber sold operations in Russia and Southeast Asia for stakes in local ride-hailing companies in 2018. He used the same technique last year to offload Uber's food business in India to Zomato, eliminating the most costly delivery market for the company. The cuts continued last week with the closure of food delivery in seven countries and the dismissal of 3,700 employees worldwide.

    Khosrowshahi has made purchases at Uber, too. In 2018, he acquired Jump, then a tiny startup renting electric bicycles. "Negotiations were directly with him," said Vivek Ladsariya, a general partner at SineWave Ventures, an investor in Jump. Khosrowshahi sold the Jump business last week to Lime as part of an investment in the scooter-rental startup. In the Middle East, Uber bought ride-hailing company Careem for $3.1 billion, a deal that closed this year. Then Uber said last week it was cutting 31% of Careem's staff.

    Profit margins are slim in food delivery. Consolidation could help Uber reduce costs and turn a profit. But buying a company the size of Grubhub is a new kind of challenge for Khosrowshahi. "He's not going to rush into anything," said Woody Marshall, a venture capitalist who has known Khosrowshahi since they were teenagers.

    submitted by /u/uncle_dirk
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    On what news/reasoning have airline stocks been able to recover 10% as of 1:30pm today?

    Posted: 14 May 2020 10:34 AM PDT

    airline stocks (UAL, DAL, AAL) were almost all unanimously at -10% by 10am. now they are just shy of going green - AAL and DAL actually did, momentarily. what am i missing?

    submitted by /u/cornelius_cumquat
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    Discussion: The current outlook of the housing market

    Posted: 14 May 2020 01:35 PM PDT

    So I've seen multiple articles at this point about how the housing market will collapse again because people will default on their mortgages and it's happening much faster than it did in 2008. However, I'm inclined to say that it won't happen like 2008 because of the following reason:

    ​

    1. The Fed "unlimited QE" also included buying CDOs in the form of MBS products, allowing companies to switch them out for safer treasury bonds
    2. Knowing Wall Street and knowing that they don't have a moral compass as much as we (the average retail investor) would hope they do, they probably sold off a lot of their risk in junk bonds to the Fed
    3. If consumers default on private company owned mortgages, it affects the market as a whole in a dominos effect, but what happens when they default on mortgages that are now part of the Fed owned CDOs? Will it affect the market as much? I don't see it happening.

    Would love to see some thoughts on this line of thinking.

    submitted by /u/sgt_emotionalthug
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    Question about stocks and TVIX

    Posted: 14 May 2020 09:42 PM PDT

    Hello, I have a question/theory about the stocks and TVIX.

    So let's say I have 1million dollar for example

    And I'd like to invest on beaten down stocks like Cruise,Airline,Casino,Energy and etc.

    Let's say I put half of my money investing into those stocks. ($500,000)

    Now, I'm really worried about this volatile stock market and think it's going to go down after I bought those stocks and would like to put other half ($500,000) on TVIX.

    The reason why I'm doing that is because if the market goes down, TVIX will go up and my stocks will go down but depending on stocks TVIX could gain more than I lost on my stocks(Cruise,Airline,Casino,Energy and etc).
    Because if those stocks go down more, at least my TVIX will go up, so I will not lose as much as investing all(1million) into the stocks and also gives me a chance to use the gains on TVIX to buy more on those stocks that are in lower price.

    If market goes up, then my stocks will go up but my TVIX will go down obviously .

    The reason why I'm writing this is to ask you guys if this is going to work?

    What do you think about this theory? I'm really new into the stock market but have been studying the market for a long time. Just wanna know if my theory might work or not.

    Should I do 50/50 on stocks and TVIX? or 60/40, 70/30, 80/20 etc? What do you guys think.

    Thank you.

    submitted by /u/majah89
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    If Uber buys Grubhub - the price of Uber goes down?

    Posted: 14 May 2020 10:51 PM PDT

    sorry dumb question

    submitted by /u/TheOrangePresident
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    What sectors are you most excited about for the future?

    Posted: 15 May 2020 12:19 AM PDT

    Talking 5 to 15 years. Personally I'd love to get in something to do with AI and augmented reality.

    submitted by /u/throwaway900220
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    Pot Stocks

    Posted: 14 May 2020 09:32 PM PDT

    Anyone think pot stocks will have a huge surge come the end of this pandemic? States are currently bleeding and will be looking to raise money. These states might end up legalizing pot even if they don't really want to, just so they can have something else to tax.

    submitted by /u/LIguy720
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    Digital Turbine DD $APPS

    Posted: 14 May 2020 09:51 PM PDT

    Digital Turbine $APPS

    Hi all,

    I wanted to pass along some due diligence on a stock that hasn't gotten a ton of interest, and that's Digital Turbine. They're a company that essentially works in the background of mobile devices to deliver app downloads to your phone in a more seamless fashion.

    For example, you go to wsj.com on your phone and at the bottom of the mobile browser it says "Download our FREE App on the Apple store" and you're like I don't want to go through the multiple steps of clicking on this ad, it taking me to the app store, I clicking on download again, it needing me to confirm my account information, etc.

    Digital Turbine expedites the process of downloading the app onto your phone with fewer clicks, which results in a higher conversion rate of downloads.

    In addition, they have had consistent financial success, growing revenue for the past 4 quarters ($27.2M, $30.6M, $32.8M, $36M), while also growing operating income ($1.9M, $3.0M, $3.1M, $4.1M). As of 12/31/19, they have no debt, a current ratio of 1.18%, and posted a net gain of cash of $22.8M in 2019, again with no debt, compared to a loss of ($2.5M) in 2018.

    They're currently trading at $5.65 and have had a 52 week range of $3.48-$9.12. 1Q20 Earnings will be released on 6/1.

    Albeit short, I've never posted a DD before, so all feedback is welcome! I enjoy doing this kind of research, so I may do it more regularly if like even one person is interested.

    submitted by /u/patdatruth
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    SEI Investment Company

    Posted: 14 May 2020 11:08 PM PDT

    When I first started teaching, I got signed up with a local CPA. I currently have a Roth and Traditional IRA through SEI. It is a smaller company and I'm just not seeing great returns on my investment. Anyone else use this company? I've seen a few who have switched to Vanguard, but no posts from any who use them. Any advice is appreciated.

    submitted by /u/alajone
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    Microsoft announces definitive agreement to acquire Metaswitch Networks, expanding approach to empower operators and partner with network equipment providers to deliver on promise of 5G - The Official Microsoft Blog

    Posted: 14 May 2020 12:53 PM PDT

    Investing in Nasdaq Pros vs. Cons. I am bullish

    Posted: 15 May 2020 03:41 AM PDT

    I am personally bullish in Nasdaq

    Pros:

    • Employees can mostly work from home efficiently, companies can save on renting
    • The consumer spendings on flights, travels, hotels, sports events, restaurants will be replaced by buying computer hardware, software, cloud, online entertainments
    • Drugs developments are also in Nasdaq
    • While Nasdaq (QQQ) is down from 237 to 222 (-7%) more money is expected to be printed. And already, some money supply has increased since crysis:
      • M1 from 3.99 to 5.01 (25%)
      • M2 from 15.51 to 17.76 (15%)
      • Fed balance sheet from 4.13 to 6.9 (67%).
    • This crysis is not financial, that's why the stock prices are based on expectations that the things will come to normal, sooner better than later

    Cons:

    • Until the vaccine and treatment people spend less, not known when the economy returns
    • Even after returning to normal some frugal habits of un-spending will stay for a long term
    • The bonds and real estate crash can lead all the markets down because of lack of liquidity.

    So, to summarize, pros are stronger, I will not be surprised if Nasdaq will even double itself this year.

    submitted by /u/chikva1
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    The case for international diversification (2020)

    Posted: 14 May 2020 10:52 AM PDT

    https://russellinvestments.com/us/blog/is-global-diversification-still-worth-it-the-case-for-investing-beyond-the-us

    TL;DR -

    The bottom line: Patience is the name of the game

    Iben (Dave Iben, chief investment officer and lead portfolio manager at Kopernik Global Investors) believes that investors are well positioned if they exercise patience and wait on non-U.S. companies to take off. He notes that the collection of non-U.S. companies with strong upside potential is the highest he's seen in his nearly four decades in the industry.

    Make no mistake, Iben added, investing outside the U.S. today means being a contrarian, and being willing to be unpopular for a short period of time. But, he remarked, this is the very reason such opportunities exist.

    "If investing outside the U.S. were that easy, everyone would do it. It's never easy to stick your neck out from the crowd, especially in today's times. However, I believe both history and logic suggest that doing so is worth the short-term pain, because the long-term gains can be pretty significant," Iben concluded.

    submitted by /u/CD_Johanna
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    Is there a convention for which companies report earnings in the morning vs. in the evening?

    Posted: 15 May 2020 03:14 AM PDT

    From what I've seen I would say that most companies report after market close, but there are still some (10%? 30%?) of companies that report in the morning.

    I'm trying to look at the stock reaction to earnings, but hard to come up with rules when some do it in the morning vs. in the evening.

    Are there any good resources to help with this?

    submitted by /u/HolfolioBen
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    What would it take for real estate to drop?

    Posted: 14 May 2020 11:18 PM PDT

    I have been saving for a house for a couple years now and I am finally ready to buy! Interest rates are practically free, but the housing market has barely budged by me.

    Houses are going up on the market, but I still feel like they are way over priced, possibly people trying to sell before things get bad. I am hoping to take advantage of a drop in the market, but it doesn't seem to be happening like what we saw in the stock market.

    What needs to happen here for home prices to jet down?

    submitted by /u/CappinPeanut
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    Pidilite (India) - Fundamental Analysis and Future Outlook

    Posted: 15 May 2020 12:11 AM PDT

    NCLH misses earnings expectations, reports enough liquidity to make it another 18 months. Lots of premarket volatility.

    Posted: 14 May 2020 05:01 AM PDT

    This one should be fun to watch today. They were up as much as 5% but currently down about 3%. I have a feeling they're going to do the opposite of whatever the markets do, but who knows.

    https://www.marketwatch.com/story/norwegian-cruise-q1-results-miss-expectations-but-liquidity-is-sufficient-to-fund-operations-for-18-months-2020-05-14?siteid=yhoof2&yptr=yahoo

    submitted by /u/Youre_Government
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