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    Thursday, June 4, 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. Investing


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

    Posted: 04 Jun 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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    I feel like we're all on a sinking ship, waiting for the last minute to jump in the water.

    Posted: 03 Jun 2020 11:01 PM PDT

    For me it just seems stupid to think the economy is going to keep going up, up, up. I mean, yeah don't fight it. But...

    1) Unemployment is at an all time high.

    2) The housing market has a high risk of crashing.

    3) Businesses are at risk of soon going bankrupt.

    4) This country on the brink of a social movement that will make #5 worse.

    5) COVID-19 HAS NOT GONE AWAY!

    6) The world is going through the exact same this as U.S.

    And yet we think this magical bubble is going to keep going up, up, up. I'm not a financial advisor, but I would at least prepare for a worse case scenario, which I'm sure most of you are.

    submitted by /u/imgonnabeatit
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    List of stocks still down more than 40%

    Posted: 03 Jun 2020 01:10 PM PDT

    I'm trying to compile a list of stocks that still haven't caught up with the market rally. I.e. stocks that are still down more than 40%-50% from their March highs. I.e. SAVE, PK Hotels, Cinemark, ETC. All suggestions are welcome.

    submitted by /u/SD987
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    May ADP employment report: -2.76 million vs expected -8.66 million job loss.

    Posted: 03 Jun 2020 06:28 AM PDT

    Absolutely monster job report beat. Stock futures move higher.

    "The Covid-19 recession is over," says Zandi, on ADP. He sees job growth returning in June and U-3 falling to around the financial crisis high of 10%, where it will stay absent aggressive fiscal response.

    https://adpemploymentreport.com/2020/May/NER/Report

    submitted by /u/achicomp
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    [Bloomberg] Uber Inc.’s global rides business is down 70% from last year, a slight improvement from its low point in the coronavirus pandemic but an indication that recovery will come slowly.

    Posted: 03 Jun 2020 03:50 PM PDT

    https://www.bloomberg.com/news/articles/2020-06-03/uber-s-ride-hailing-recovery-comes-slowly-with-business-down-70?srnd=technology-vp

    Uber Technologies Inc.'s global rides business is down 70% from last year, a slight improvement from its low point in the coronavirus pandemic but an indication that recovery will come slowly.

    The decline in rides continues to be at least partially offset by a food delivery boom. The Uber Eats business is more than doubling, and the gains are accelerating, Dara Khosrowshahi, the chief executive officer, said Wednesday at a virtual technology conference hosted by Bank of America. Uber intends to drive consolidation in the food delivery market and continues to look for opportunities, he said. He declined to comment on Uber's proposal to buy Grubhub Inc., which was first reported by Bloomberg last month.

    Read more: Uber's Ex-CTO Reflects on a Rift With Travis Kalanick and How to Fix Autonomous Cars

    Like the rest of the travel industry, Uber has been hard hit by the pandemic and restrictions limiting normal activities. Uber reported a first-ever decline in the gross bookings of rides last quarter and said business was down 80% in April. As a result, the San Francisco-based company has postponed profit targets, eliminated several divisions and sliced about a quarter of its global workforce.

    Khosrowshahi's comments Wednesday erased some of the stock's gains in intraday trading, but shares were up about 3% alongside a market-wide increase.

    submitted by /u/wheresjaja
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    Why is the Euro going up?

    Posted: 04 Jun 2020 04:55 AM PDT

    The ECB just announced that they will put an extra 600B in the economy, and the Euro immediately gaps up. What is the reason for this? Would't you expect the inverse to happen?

    submitted by /u/RsRafe
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    AMC Theatres has 'substantial doubt' it can remain in business (yet is up 5%???)

    Posted: 03 Jun 2020 07:24 AM PDT

    https://www.cnn.com/2020/06/03/media/amc-theatres-business-coronavirus/index.html

    AMC Theatres, the world's biggest movie theater chain, said on Wednesday that it has "substantial doubt" it can remain in business after closing locations across the globe during the coronavirus pandemic.

    The theater chain, which closed its theaters earlier this year, expects to have lost between $2.1 billion and $2.4 billion in the first quarter.

    The company also said that its revenue fell to $941.5 million, which was down roughly 22% from $1.2 billion in the same quarter last year. This quarter, the situation has gotten substantially worse.

    "We are generating effectively no revenue," the company said in a regulatory filing Wednesday.

    AMC (AMC) will continue to monitor the "potential lifting of various government operating restrictions," but added that the chain has serious challenges even if restrictions are lifted. That includes studios holding back new films from being shown.

    "Even if governmental operating restrictions are lifted in certain jurisdictions, distributors may delay the release of new films until such time that operating restrictions are eased more broadly domestically and internationally, which may further limit our operations," the company said.

    The company said that it had a cash balance of $718.3 million as of April.

    "We believe we have the cash resources to reopen our theatres and resume our operations this summer or later," AMC said. "Our liquidity needs thereafter will depend, among other things, on the timing of a full resumption of operations, the timing of movie releases and our ability to generate revenues."

    submitted by /u/BlueLight03
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    NADAQ vs FANG ETF

    Posted: 04 Jun 2020 02:06 AM PDT

    Pros and cons of both of these? Currently in a FANG ETF and wondering if it's better to just be in a NASDAQ one for less risk.

    Anyone here used one or the other and have opinions?

    submitted by /u/d-pre
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    When to pull the trigger as a value investor?

    Posted: 03 Jun 2020 10:24 PM PDT

    I'm a value investor and had some shares on my watchlist with calculated intrinsic values. The plan was when the shares fell to that price or below it, I was going to buy.

    However, the reality of the situation was share prices didn't actually fall to my calculated values but instead hovered slightly above it.

    Now that the prices have bounced back, I regret not buying them when I had the chance.

    Just want to get some advice on how to overcome the emotional barrier and when you should pull the trigger.

    Example: Westpac banking corporation (Australia) WBC.ASX was hovering at around $15 whereas my intrinsic value was at $14.7. It's now around $18.

    I'm pretty cautious when it comes to investing and that has led me to miss out on a few opportunities in hindsight.

    Cheers.

    submitted by /u/random_encounters42
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    If we are in a bubble, and it pops, what would be written in history?

    Posted: 04 Jun 2020 03:22 AM PDT

    A very new person to stocks, just following the market but not actually buying.

    I have read about the dotcom bubble and the US housing bubble and it has very very clear reasons what went down exactly causing the crash.

    Every now and then there would be people claiming we are in a bubble, and that it would burst. However why is that so?

    If the market was to collapse this year, what would the reason be that will be written in history for future generations to read?

    Is it as simple as "rush to purchase assets in hopes of quick cash due to low prices caused by a pandemic?"

    Asking this because I realized the bubble (if we are even in one now) is not easily recognizable at all.

    submitted by /u/Greakkan
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    Advice

    Posted: 04 Jun 2020 03:22 AM PDT

    I'm 19 years old and really want to start building something for myself over the next few years. I've always had a huge interest in the stock market and making money but I finally want to take the leap. I'm looking to invest about 40% of my income weekly into the market, any recommendations in what i should do would be greatly appreciated!

    submitted by /u/whyte101
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    FMCI is starting to gain traction and could be the new VTIQ meme SPAC

    Posted: 03 Jun 2020 07:50 PM PDT

    Posting here to be able to say I told you so. FMCI is just starting to gain traction now, do your DD and buy in before all the FOMO before the June 8th meeting. FMCI haven't announced a target yet, but it's supposed to be a competitor to Beyond meats and that's enough for me. It got name dropped for the first time on CNBC today and instantly took a mini rocket ship. The stock also hit major resistant points today but I don't believe in black magic.

    Buy the rumour sell the news.

    Positions: 5000 Warrants at 2.46

    TLDR: Buy FMCIW before it moons

    submitted by /u/TywinClegane
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    The new Kartoon Network

    Posted: 04 Jun 2020 03:59 AM PDT

    Anyone have a guess where the genius brand is going to settle? What is the proper valuation of this stock?

    submitted by /u/curiousvenombi
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    What is the best way to track the housing market?

    Posted: 04 Jun 2020 03:36 AM PDT

    My fiance and I are young and new to investing as a whole, but we understand that buying a house at the 'right time' can be a huge jump start for our financial future. We are lucky enough that we both have steady jobs in the medical field through all this chaos and have saved up a lot for a house waiting for the 'best time to strike' since it seems, to our limited knowledge, that housing is currently overpriced and a bubble is due to burst.

    What is the best way to track this other than hype articles? We are currently renting on a monthly lease and are comfortable waiting for the right moment. Is this a smart move? Having no one financially literate in our families I'd love some advice from you guys. Thanks!

    submitted by /u/Grahamcracker480
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    Do these protests pretty much guarantee a 2nd wave of the virus and thus further economic shutdowns?

    Posted: 04 Jun 2020 03:17 AM PDT

    It seems that all of the social-distancing has been thrown out the window in these protests. If that is the case, and there is a major 2nd wave or a significantly worsened curve (remember flatten the curve?) then wouldn't it mean more economic shutdown which would mean bad news for jobs, the stock market and the recession chances?

    submitted by /u/SebastianPatel
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    European Central Bank ramps up its pandemic bond buying to 1.35 trillion euros

    Posted: 04 Jun 2020 05:19 AM PDT

    invest manually or via robo advisor?

    Posted: 04 Jun 2020 05:12 AM PDT

    which side are u guys on?

    submitted by /u/sonyeric96
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    US Markets using China as litmus test of virus economic impact?

    Posted: 04 Jun 2020 05:11 AM PDT

    Just a thought to add on to "why US market is going up" amidst all the chaos. I am no way an economist, just aggregating and factoring in thoughts of what I read here:

    • Fed pumping trillions in stimulus
    • rates so low, nowhere else to go
    • big companies who make up majority of the indices shrugging off virus, while mom n' pop's are suffering the most, and market doesn't care about mom n' pop

    Could an additional factor be that since China has a head start in having the virus and now recovering, how their economy reacting is giving reassurance to other economies? The vibe is that no one really knows the long term economic impacts of the virus imposed lockdowns, but since China was first by a couple of months, they can be looked at as a future model for what can happen. If China so far hasn't completely collapsed, it gives US markets more confidence?

    Also, ignoring the trustworthiness of economic data given by China. I think there are certain things smart people could infer on closer truth for how China is really doing, from other data. If it get's so bad in China to where the economic impact can't be hidden anymore, maybe then US markets will react?

    submitted by /u/someonesaymoney
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    How to Handle a One-Year Time Horizon

    Posted: 04 Jun 2020 05:10 AM PDT

    I'm planning to buy a house, likely next summer, and I'm trying to figure out how to handle my down payment money. I pulled it out of equities at the 2018 high and put it in CDs, so I timed the dip, but lost out on the 2019 surge. I've gradually been adding cash, which has mostly been sitting (amounts to about 1/4 of my current but), but with the March dip, I've bought into some stocks to hopefully get the benefit of any reopening (LUV, SBUX, MAR, high-risk ACRGF and MMNRFF in smaller amounts just in case I can scoop up some positive volatility and don't mind losing on, and balanced with VOO). My money in CDs frees up in November. Given the short horizon, what would you do come November (obviously we have no clue what the equities market will look like). Part of me thinks to stick with my current strategy, which is largely conservative with a few medium and high-risk bets. But another part of me hates to miss the opportunity to generate extra thousands that can make a real difference in what my mortgage will look like (I feel a little burned by selling off my Apple and Nvidia...). Thoughts/philosophies appreciated.

    submitted by /u/Junius_Brutus
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    OPEC meeting, how will it influence the market (esp. oil stocks)

    Posted: 04 Jun 2020 02:40 AM PDT

    Hey guys,

    So im relatively new to investing and started to put a reasonable amount of money into oil stocks (e.g. UCO). I heard there is going to be an OPEC meeting and was wondering how things could play out and the possible consequences of each scenario.

    Oil is a relatively new field to me, although I do believe the price of oil will eventually go back up once a vaccine for COVID-19 is found. However, I'm wondering if UCO is a good hold for about 6 months. Thoughts?

    submitted by /u/kevinkan123
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    Need help with ideal 401k investments

    Posted: 04 Jun 2020 04:46 AM PDT

    29 years old. I contribute 15% to my 401k and it is 100% invested in a 500 Index fund. I'd like some feedback on the ideal investments given my fund options. Thank you!

    Funds offered by my 401k include:

    2055 Target date with 0.4% expense ratio (ER) - 9.2% 10 yr returns

    Growth:

    500 Index Fund - Large Blend - 0.04% ER (100% of my current investments in 401k) - 11.67% 10 yr returns

    Blue Chip Growth Fund - Large Growth - 0.34% ER - 15.63% 10 yr returns

    Capital World Growth & Income - World Large Stock - 0.42% ER - 7.38% 10 yr returns

    John Hancock Disciplined Value - Large Value - 0.27% ER - 8.64% 10 yr returns

    Aggressive Growth:

    DFA Intl Small Company Fund - Foreign Small/mid Blend - 0.52% ER - 4.68% 10 yr returns

    DFA International Value - Foreign large blend - 0.39% ER - 0.82% 10 yr returns

    DFA US Targeted Value - DFA Small value - 0.36% ER - 5.28% 10 yr returns

    EuroPacific Growth Fund - Foreign Large Growth - 0.48% ER - 5.02% 10 yr returns

    Fidelity International Index - Foreign Large Blend - 0.05% ER - 3.67% 10 yr returns

    Fidelity Real Estate Index - Real Estate - 0.07% ER - 1.2% 5 yr returns - 10 yr returns unknown

    Harbor Mid Cap Value Fund - 0.76% ER - 6.01% 10 yr returns

    Mid-Cap Index Fund - 0.06% ER - 8.86% 10 yr returns

    New World Fund - Diversified Emerging Markets - 0.6% ER - 4.73% 10 yr returns

    PGIM Jennison Mid-Cap Growth - 0.54% ER - 10.66% 10 yr returns

    TIAA-CREF Small-Cap Blend Idx - Small blend 0 0.06% ER - 7.86% 10 yr returns

    Vanguard Explorer Fund - Small growth - 0.34% ER - 10.78% 10 yr returns

    Income:

    Total Bond market fund - 0.08% ER - 3.92% 10 yr returns

    PGIM Total Return Bond Fund - 0.24% ER - 5.18% 10 yr returns

    Federated High Yield Bond - 0.45% ER - 6.09% 10 yr returns

    DFA Inflation Protected SEC - 0.11% ER - 3.59% 10 yr returns

    submitted by /u/TA72845
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    How do analysts arrive at statements like "The majority of this rally is due to retail investors"?

    Posted: 03 Jun 2020 07:03 PM PDT

    I keep hearing statements about this rally being driven by retail investors. Some analysts even cite a percentage. How can one determine who is buying equities?

    submitted by /u/RosmarysBabyBjorn
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    Chicken Industry Executives, Including Pilgrim's Pride CEO, Indicted for Price Fixing

    Posted: 03 Jun 2020 09:55 AM PDT

    What 3 stocks would you give to your newborn if he can only access it 18 years later?

    Posted: 04 Jun 2020 04:18 AM PDT

    No ETFs or BRK.

    I would give JNJ, MA, and KO.

    They won't make him rich, but I feel they're the most reliable over that long time frame.

    Tech companies like MSFT are too risky if you think of companies like IBM.

    submitted by /u/Manticorea
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    Broker tips for noob european

    Posted: 04 Jun 2020 04:16 AM PDT

    Hello guys, pls don't bash on me for being a noob, i know i don't know much that's why i'm only going to invest some disposable money and trade on paper otherwise. So, i'm from Romania (eastern europe) and i'm trying to find an Eu broker. After some reading on here, other websites and brokerchooser, i'm still uncertain. I want to buy one ETF such as VUSA or Ishares Core (i'll be careful not to buy CFDs) and keep it for a month, see how the market goes and basically add or substract money once a month untill the soon to be market crash that i'm forseeing (i know this is detabatable of course). So i think i got the basics of all the fees but i am confused with the currency conversion. From what i understand i should put in the brokerage the currency that my bank account uses (ron) and since VUSA is based on US shares i will have to convert it there in usd. Is this correct? 1. ETORO - it looks like they have high fees for currency exchange. 2. DEGIRO - doesn't work in my country sadly 3. SAXO - requires 10k to make an account in Romania. I get that it's not much for trading but atm i just want to try it out possibly/probably loosing the money. 4. IB - should ingo with this? Fees seem small. About conversion fees i still don't fully understand how bad/good it is. Innactivity fee of 10$ per month over 2k sounds good enough. 5. Tradestation and tastyworks - big withdrawl fees 6. Swissquote - big fee for US stocks SO is IB the best choice in the end? Is there smth i'm missing? 1$ trade fee for US stocks (this means 1$ for an entire trade no matter how many VUSA etfs i buy right?) 10$ inactivity fee, 1 free withdrawl per month. Other suggestions/tips on brokers and conversion fees? Besides me being stupid for inversting 2k in smth i don't fully understand.

    submitted by /u/DirtyHarry133
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    Wrtc advice

    Posted: 04 Jun 2020 02:01 AM PDT

    Any thoughts on wrtc -wrap technologies. I am in the red on this stock as it crashed yesterday. There's very limited information for research on this stock. Please can someone advise if I should keep holding or sell at a 12% loss.. many thanks!

    submitted by /u/diachikku
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