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

    August 01, 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: 31 Jul 2020 05:13 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!

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    Microsoft in talks to buy TikTok

    Posted: 31 Jul 2020 01:25 PM PDT

    https://www.nytimes.com/2020/07/31/technology/tiktok-microsoft.html

    TikTok is currently owned by ByteDance, a Chinese company. Despite its popularity in the US, TikTok has been called a threat to the US national security apparently because it collects way more personal information than most apps.

    submitted by /u/ron_leflore
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    Elon Musk says 'China rocks' while the U.S. is full of 'complacency and entitlement'.

    Posted: 31 Jul 2020 03:35 PM PDT

    Tesla and SpaceX CEO Elon Musk lamented the "entitled" and "complacent" character of people in the United States, and lauded the "smart" and "hard working people" of China, in the first installment of a three-part interview with Automotive News' "Daily Drive" podcast published Friday.

    Specifically, Musk criticized New York and California -- states that have supported his businesses, especially Tesla, with considerable tax breaks, regulatory credits and other government help.

    Automotive News publisher Jason Stein, who conducted the interview, asked Musk, "How about China as an EV strategy leader in the world?"

    Musk replied: "China rocks in my opinion. The energy in China is great. People there – there's like a lot of smart, hard working people. And they're really -- they're not entitled, they're not complacent, whereas I see in the United States increasingly much more complacency and entitlement especially in places like the Bay Area, and L.A. and New York."

    Last year, Chinese government officials helped Tesla secure loans worth around $1.6 billion to construct and begin manufacturing vehicles at the company's relatively new Shanghai factory. This year, the Shanghai government helped Tesla get back to normal operations quickly, at its new plant, after the region was struck by a Covid-19 outbreak and issued widespread quarantines that temporarily suspended manufacturing there.

    Musk pointed out, Telsa has not received as much assistance from the government in China as domestic companies there. "They have been supportive. But it would be weird if they were more supportive to a non-Chinese company. They're not," he said.

    The enthusiasm the mercurial Musk expressed for China contrasted with his expressed disdain for communism. In a tweet on Monday this week, Musk mocked social welfare programs in general, and Karl Marx's "Das Kapital."

    During the Automotive News podcast, Musk also compared the U.S., California and New York to sports teams about to lose their winning status.

    He said:

    "When you've been winning for too long you sort of take things for granted. The United States, and especially like California and New York, you've been winning for too long. When you've been winning too long you take things for granted. So, just like some pro sports team they win a championship you know a bunch of times in a row, they get complacent and they start losing."

    submitted by /u/tradewithmiller
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    Trump moves to ban TikTok in the U.S.

    Posted: 31 Jul 2020 08:01 PM PDT

    https://thehill.com/policy/technology/510100-trump-says-he-will-ban-tiktok-from-operating-in-the-us

    President Trump will ban TikTok in the U.S. after weeks of debating the action after China has allegedly stolen user data. Earlier today, Microsoft ($MSFT) was rumored to be interested in purchasing the social media app. Good news for social media companies who will likely increase users now, especially Facebook ($FB), who is launching Instagram Reels soon which was supposed to be a TikTok competitor. Thoughts?

    submitted by /u/icejjfritch
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    Coronavirus: Eurozone GDP plunges by 12.1% in second quarter

    Posted: 31 Jul 2020 05:31 AM PDT

    https://finance.yahoo.com/news/coronavirus-eurozone-gdp-plunges-by-121-in-second-quarter-092029665.html

    Gross domestic product (GDP) across the euro area plunged by a record 12.1% in the second quarter, compared to the previous quarter, as coronavirus lockdowns brought commercial and social life to a standstill and plunged the bloc into a deep recession.

    Output in the 19-country currency block had declined by 3.6% in the first quarter. Today's second-quarter data however is the biggest drop in GDP since record-keeping started in 1995.

    The EU's major economies also released their own quarterly data this week.

    Germany, the bloc's largest economy reported a GDP decline of 10.1% in the April-to-June quarter. The federal statistics bureau described it as "the steepest decline since quarterly GDP calculations for Germany began in 1970… even more pronounced than during the financial market and economic crisis."

    France, the second largest economy, fared worse, with output shrinking by 13.8%, also a historic low.

    Italy's economy contracted by 12.4% in the second quarter from the previous one, a smaller slump than the 15% quarter-on-quarter drop predicted by analysts.

    Spain, one of the worst-hit EU countries in terms of coronavirus cases and deaths, reported an 18.5% fall in GDP in the second quarter, a steeper drop than the 16.6% economists had predicted.

    The Spanish economy, which had already shrunk by 5.2% in the first quarter, is now in its steepest recession ever.

    EU countries like Spain are in urgent need of financial support from the EU as they tries to dig themselves out of recession. Earlier this month, EU leaders approved a €750bn (£677bn, $890bn) coronavirus recovery package in Brussels, of which around half will be issued as grants to struggling member states.

    submitted by /u/actualtext
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    Nvidia in Advanced Talks to Buy SoftBank’s Chip Company ARM

    Posted: 31 Jul 2020 06:22 AM PDT

    Bloomberg reports:

    Nvidia Corp. is in advanced talks to acquire Arm Ltd., the chip designer that SoftBank Group Corp. bought for $32 billion four years ago, according to people familiar with the matter.

    The two parties aim to reach a deal in the next few weeks, the people said, asking not to be identified because the information is private. Nvidia is the only suitor in concrete discussions with SoftBank, according to the people.

    Link: https://finance.yahoo.com/news/nvidia-advanced-talks-buy-softbank-093534709.html

    This is a pretty big deal and would shift the ownership of ARM from a Japanese company to an American one. It'd be a tough approval both in the US (competitive reasons) and China (geopolitical reasons), even in Japan and UK.

    There is no price quoted so I'll open the bidding at $100B. OK maybe not that much but I can see at least $60B.

    submitted by /u/miscsubs
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    Fitch downgrades U.S. from stable to negative

    Posted: 31 Jul 2020 04:21 PM PDT

    Right after the market closed Fitch downgraded the U.S. from stable to negative.

    https://news.yahoo.com/fitch-downgrades-us-outlook-negative-stable-213133417.html

    Any thoughts on this? Seems like bad news is good news now or days. 18 weeks of one million or more people filing for unemployment. Stocks go up. 40% of all restaurants have closed according to yelp. Stocks go up. Cities and States facing large budget deficits. Stocks go up.

    Think it will be the same Monday?

    submitted by /u/Jimbo-1968
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    How long do companies like Nikola Corporation (NKLA) tend to stay afloat before it’s unraveled that they’re a scam?

    Posted: 31 Jul 2020 02:06 PM PDT

    Luckin Coffee fell when someone came clean that whole the product existed, the numbers were all made up. Therenos fell when enough people within the company had spilled the secret that there was no product, it was just made up by a mad woman. Looking at Nikola and their CEO Travis Milton, it's not even a very eccentric leader. It just oozes scam all over that venture. They've announced taking in more money, and I'm sure a lot of retail investors will jump on the bandwagon. But then what? How long do these things tend to go before they crack?

    submitted by /u/MrOaiki
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    Microsoft Is Said to Be in Talks to Buy TikTok in U.S. (Discussion)

    Posted: 31 Jul 2020 01:25 PM PDT

    https://www.nytimes.com/2020/07/31/technology/tiktok-microsoft.html

    ​

    Question: How does this fit in with Microsofts existing businesses and strategies?

    The only thing I can think of is more real estate for LinkedIn ads, -But even then the audiences are so different.

    Anyone have any ideas as to what the play is here?

    submitted by /u/meagher43
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    WSJ reports Kansas City Southern (US/Mexico railroad) may be taken private. Would be first S&P 500 company to be taken private since 2015. Stock popped ~10%

    Posted: 31 Jul 2020 01:39 PM PDT

    The Wall Street Journal is reporting on a potential takeover of Kansas City Southern by a partnership of Blackstone and Global Infrastructure Partners.

    This follows previous speculation along the same lines from Betaville.

    Kansas City Southern is an S&P index member with a current EV of about $18B. Based on historic takeover premiums, one would assume that the eventual buyout would come in in the range of ~$22-30B, which would be among the largest private acquisitions ever.

    Kansas City Southern is the smallest class 1 US railroad. It connects Kansas City, which is the second largest American rail hub, with the Southern US and Mexico. Most of its business is foreign-trade based, connecting imports and exports from Gulf Coast ports and Mexico to Kansas City, where it flows on to the rest of the US.

    KCS has been my largest position for some time. Freight rail is a fairly defensive industry, but KCS (in my opinion) has better organic growth potential than its competitors because of its concentrated exposure to "reshoring" and US-foreign trade, while having less exposure to dying markets like coal.

    Interested to hear what any others think about the potential of a very large private acquisition right now. M&A is not a topic I'm very knowledgeable about.

    submitted by /u/TheHiveMindSpeaketh
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    Does PE actually make sense??

    Posted: 31 Jul 2020 10:10 PM PDT

    I had a thought about PE. Let's say for a company in a certain industry that's valued at 10x PE, and its growth is super super slow, closed to 0, it's not growing or dying. So in theory, after 10 years, the company would have collected profits in cash equal to its market cap, which means the rest of the company is worth nothing? Does this actually happen? Obviously not, but then what's PE good for?

    Can someone provide some insights? Thanks

    submitted by /u/supersk007
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    Eurozone Economy Contracts by Record 40%

    Posted: 31 Jul 2020 06:17 AM PDT

    From the WSJ

    Stringent lockdowns weighed heavily on Europe's economy in the second quarter, causing a record decline that was even more severe than in the U.S., but the continent's strategy of containment coupled with aggressive stimulus is fanning hopes of a robust recovery.

    The eurozone's gross domestic product fell 40.3% annually in the three months through June, exceeding the U.S. economy's 32.9% contraction, according to data published Friday. That is by far the sharpest decline since comparable records began in 1995, according to the European Union's statistics agency.

    However, recent statistics suggest Europe is having a "much bigger snapback and there are some indicators that it may be getting ahead [of the U.S.]," said Holger Schmieding, chief economist at Berenberg Bank.

    The U.S. economy is being supported by a massive fiscal stimulus that will likely translate into a 2020 government budget deficit roughly twice as large as Europe's, Mr. Schmieding added.

    "The U.S. is paying with fiscal stimulus for its failure to tackle the pandemic decisively," he said.

    While the U.S. grapples with tens of thousands of new infections each day, Europe has largely brought the virus under control, even as it has eased restrictions and reopened internal borders, notwithstanding an increase in cases in countries such as France and Spain.

    Confidence appears to be gaining among European consumers and businesses, supported by the billions that governments have lavished on job-protection schemes, aggressive stimulus from the European Central Bank, and a groundbreaking €1.8 trillion ($2.1 trillion) spending package unveiled by EU leaders last week.

    The EU stimulus will push up economic growth in Greece, long one of the continent's weakest performers, by about 2 percentage points a year for the next six years, the country's central bank governor, Yannis Stournaras, said.

    "It was something unexpected, so this is going to have a very positive impact on the Greek economy," Mr. Stournaras said this week.

    The euro has been on a tear against the dollar in recent weeks, rising close to a two-year high. That reflects both investors' confidence in Europe and the U.S.'s uneven progress in halting fresh virus infections.

    "The business in Europe has been and currently is stronger than in the U.S.," Bjørn Gulden, chief executive of German sports-goods maker Puma SE, told reporters Wednesday. In the U.S., demand has varied widely from state to state, he said.

    However, analysts at Commerzbank expect the U.S. to remain ahead, with its economy seen contracting by 4.5% for 2020 overall, versus 7% in the eurozone. The U.S. economy will likely grow by 4% in 2021, compared with 5% for the eurozone, they said.

    Lakshmi Mittal, CEO of ArcelorMittal, the world's largest steelmaker, said that according to his order books, the U.S. was pulling slightly ahead.

    "The U.S. is recovering faster than Europe, we are seeing that from our customer bases," Mr. Mittal said, attributing this primarily to American auto makers.

    Europe still faces challenges. The region is highly dependent on exports and tourism, neither of which will recover fully until the virus is under control around the world. In Southern Europe, businesses tend to be smaller and more vulnerable, and governments need to service debts that have been inflated by the mammoth costs of containing the pandemic.

    Borrowing costs have so far been kept in check by aggressive government-bond purchases by the ECB, but central-bank officials have stressed that support is only temporary.

    Pockets of infection are resurfacing, including in northeastern Spain, dealing a blow to the nation's large tourism sector. Foreign tourism makes up around 14% of GDP in Greece, 12% in Portugal and 8% in Spain, according to research firm Capital Economics.

    Tourists are staying away, with occupancy rates of holiday accommodation below 30% in Italy, Greece and Spain. Spain lost one million jobs between April and June, its biggest ever quarterly decline, and the unemployment rate rose to a two-year high of 15.3%, official data indicated Tuesday.

    That is widening the divide between Europe's industry-rich North and its poorer South, whose economies had to contend with a worse health crisis, a deeper economic collapse and high debts that deter intensive stimulus. Spain's economy contracted by 18.5% in the second quarter versus the previous three months, and Italy's by 12.4%, as Madrid and Rome imposed some of the world's strictest lockdowns.

    Germany's economy performed better, shrinking by 10.1%, due to a relatively light lockdown and aggressive government spending.

    McDonald's Corp CEO Chris Kempczinski said Tuesday he saw strong opportunities in Europe, "where I think there may be some independent restaurant units that are having some bigger challenges."

    He added that: "In many markets around the world, most notably in the U.S., the public-health situation appears to be worsening."

    In France, the EU's second-largest economy, consumer confidence unexpectedly dropped in July amid signs of a rebound in Covid-19 infections, a monthly survey suggested Wednesday. The French economy contracted by 13.8% in the second quarter versus the previous three months amid weak exports and household consumption, official data showed on Friday.

    Still, recent French data suggest "a V-shaped recovery is on the cards for the third quarter," said Julien Manceaux, an economist with ING Bank.

    Europe's governments face a challenge in how to withdraw massive emergency support measures like job-furlough schemes and credit guarantees without hurting the economic recovery. These programs are costly and over time they could keep alive businesses and jobs that should disappear, but governments can't immediately pull the plug, said Marion Amiot, an economist with S&P Global Ratings in London.

    But recent mobility data from Google suggest that Europeans are currently more willing to shop than Americans. Some European households have accumulated savings that they can now spend, since many were paid but confined to their homes, said Ms. Amiot.

    In Italy, business confidence rose in June, with more private firms at any time since late 2018 expecting an increase in profit over the next year, according to IHS Markit.

    Fiat Chrysler Automobiles NV has been ramping up production over the past few months after completely shutting down its factories in mid-March as Italy battled what at the time was the world's worst coronavirus outbreak. About three-fourths of employees in production who were working at the end of February are back in the factories. Several of the company's large Italian assembly plants, including one in the deep South that produces the Jeep Renegade and Compass as well as the Fiat 500X crossover, are working at full capacity.

    Volkswagen AG sales chief, Christian Dahlheim, said Thursday there was a clear positive trend in Western Europe as restrictions loosened and car dealerships reopened. In Germany, order entries for June were above last year, he said.

    The recovery is less pronounced in the U.S. than in Europe, partly because demand there didn't collapse quite as dramatically as in Europe during the shutdowns, Mr. Dahlheim said.

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    UTMA/UGMA

    Posted: 31 Jul 2020 09:26 PM PDT

    Have a UTMA set up for all three children, oldest is 5 and youngest is almost 1. Putting 1500 into each of their accounts a year until they turn 21 with Charles Schwab. Just looking for general recommendations with Charles Schwab to get the best return to set them up the best. I am ok with this having a margin or risk for best gains for them. I am still pretty new to investing and setting up retirement so please go easy on me. Thanks for any advice.

    submitted by /u/WyattL071
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    What should you invest in if you start right now?

    Posted: 31 Jul 2020 09:57 PM PDT

    Let's say you have some liquidity and want to protect yourself from currency devaluation or market recession. What would you invest in right now?

    I am kind of new to this but in my view:

    The stock market is at its highs disproportionate with the actual economic status. This will probably continue until election. After election, something will crack somewhere.

    IMO Big tech it is big and heavy, maybe it's direction is not necessarily up.

    I would love this world to get better, what are the companies that will get us to that?

    Thanks for being nice.

    submitted by /u/edthyme
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    So what do you expect to happen to the US dollar in the medium term?

    Posted: 31 Jul 2020 07:24 AM PDT

    Hello,

    All emotions aside ("big inflation is going to destroy the economy!!!" or anything else), we as investors should have more information about the state of US Dollar. As a European, seeing the value of American dollar go so low makes me wish that I hold more assets denominated in US dollars, as they are relatively cheaper to me. However, investors all around the world are calculating the same thing, and yet the pressure for the US Dollar to go down still remains, thus I'm probably just misinformed.

    So what do you think? Will the Fed's stimulus have enough downwards pressure on the US Dollar? Are the future actions of the ECB + fiscal stimulus packages taken by many European governments likely to inflate the Euro next year, thus making the US Dollar stronger in comparison? If holding assets denominated in the US Dollar is a good idea, how long would it take for the US Dollar to appreciate again to exchange it?

    I know that most of the sub is American, but I think this question is important to everyone.

    submitted by /u/Gremlinator_TITSMACK
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    The intelligent investor

    Posted: 31 Jul 2020 02:20 PM PDT

    I was reading the intelligent investor recently and in it Benjamin Graham says that your portfolio should always have bonds to protect against risk. He suggests either 50 50 common stock bonds ratio or 75 25 for either.

    Just wondering what your thoughts are on this idea nowadays with stocks like Apple, Amazon , Google, Microsoft doing remarkably well with excellent balance sheets that just seem like very sound long term investments with a good return. Do you hold any bonds yourself?

    submitted by /u/shsjdndh
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    US Consumer Sentiment (UoM) declined in July, the first time it fell since April and marked a reversal in the improvement of late

    Posted: 31 Jul 2020 09:53 AM PDT

    I have collected information and charts succinctly in my research here if you are interested. I also reported on the underwhelming jobless claims numbers here.

    Two key messages from today's report on consumer sentiment:

    • Consumer expectations for economic activity over the next twelve months has fallen and now equals the multi-year low reported in April meaning that consumers are as worried about the economic outlook now as they were around the beginning of pandemic.
    • Taken together with the disappointing rise of almost 900k to 17m in continuing jobless claims, the US economic recovery faltering is all but confirmed. Further stimulus is no longer a choice, it is a requirement.

    Please share your thoughts below guys/girls and ask any questions you like!

    submitted by /u/finbytes
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    Why arent people interested more in Astrazeneca?

    Posted: 31 Jul 2020 12:40 PM PDT

    $AZN beat earnings estimates yesterday, increased revenues by 14%, and doubled its net cash from operations. Its corona vaccine is in phase 3 and will likely be one of the firsts to go to market. Yet why is the stock down almost 5% today? Cant find any news to explain the dip..

    submitted by /u/Higantengetits
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    Is there an app that will send an alert when a stock price has changed a given percentage over a given time period?

    Posted: 31 Jul 2020 04:42 PM PDT

    Is there an app that will send an alert when a stock price has changed a given percentage over a given time period?

    Say 10% rise over a 4 week period.

    Like stockPrice(today) - stockPrice(today(Day - 30)) > 0.1

    (This post must be over 250 characters even though it is a simple question. Maybe Reddit should add a character counter so that I don't have to)

    submitted by /u/markireland
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    GDP Deeper Dive - People Went All-In On Toys!

    Posted: 31 Jul 2020 10:16 AM PDT

    UPDATE:

    @IReallyLoveAvocados inspired me to take a closer look at the increase in recreation goods and services and here it is. Here are the facts:

    Overall Spend went up by 30+ billion, including:

    1) Sports & Recreational Vehicles + 12 billion

    Motorcycles +3.5 billion

    Bicycles + 0.8 billion

    Boats & other +7 billion

    2) Sports Equipment, Guns & Ammo + 11 billion

    3) Video, Audio, Photo, Computers +8.5 billion

    So, overall, title checks out, even after accounting for lockdown stock up of stay at home equipment and guns.

    ​

    ORIGINAL POST:

    Second Quarter GDP numbers came out this week, making headlines with an -32.9% drop on an annualized basis.

    There are a few interesting nuggets that can be discovered by digging a little deeper into the numbers.

    GDP consists of four elements:

    Personal Consumption Private Investment Net Export of Goods & Services Government consumption & investment

    Personal Consumption is the biggest driver of the US economy. It accounts for about 68% of GDP. Overall, consumption in Q2 declined by over $1.4 trillion compared to Q1. As expected, spending on transportation (-$171 billion), recreation (-$264 billion), as well as food services & accommodations (-$318 billion) contributed to that. What's interesting is that healthcare spent was the biggest drop since Q1: -$511 billion. I guess that with all the healthcare resources devoted to Covid, all the elective surgeries and routine procedures are postponed?

    Another fun fact is that people spent over $30 billion MORE on recreational goods and vehi les in the second quarter 🏎️.

    Overall such spent is at $472 billion. It is the highest in history at over 2.4% of GDP! I did not expect to see that in the middle of pandemic & the highest unemployment in history. The last time it was this high was right before the economy went down in flames before the housing bubble burst 🔥. However, it does support the thesis that a recession is unequally distributed. It sucks being a barber or a waiter, but if you are white-collar or blue-collar, you are doing ok so far.

    submitted by /u/InvestorNextDoor
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    Best Swing Trading Brokers ?

    Posted: 01 Aug 2020 12:17 AM PDT

    So I have been collecting data on swing trading strategy for few months, now its time for me to start testing and practising the strategy but most brokers I have are kinda geared toward day traders. I need a broker that will let me hold my position over night with good trading platform and support for paper trading.

    ​

    Thank you.

    ​

    Edit:

    I'm not from the US BTW

    submitted by /u/rotawo
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    Can some explain to me why a company's stocks "selling less than the amount of bonds it can safely issue against property and earning power" are considered safe and a good deal?

    Posted: 31 Jul 2020 04:34 PM PDT

    The original quote from The Intelligent Investor:

    "There are instances where a common stock may be considered sound because it enjoys a margin of safety as large as that of a good bond. This will occur, for example, when a company has outstanding only common stock that is selling for less than the amount of bonds that could safely be issued against its property and earning power."

    submitted by /u/jh4962772
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    Will removing corporate tax cuts really be bad for equity prices?

    Posted: 31 Jul 2020 11:56 PM PDT

    Based on current polling, a certain someone is very likely to become the next president come November, and with the Ds in control of the House and perhaps the Senate, they will likely reverse the corporate tax cuts that have been given to corporations the past couple of years (they have promised they will do this). Will removing corporate tax cuts really be bad for equity prices?

    submitted by /u/HARVARD_IS_TOO_WHITE
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    buy vanguard ETFs on fidelity?

    Posted: 31 Jul 2020 11:31 PM PDT

    just checked and see that one can buy vanguard ETFs on fidelity. Prefer VTSAX or VOO as ETFs, but do not prefer vanguard UI and only business hour support. fidelity has 24/7 support, offices and better UI.

    Is it a good idea to buy vanguard ETFs on fidelity

    submitted by /u/andy4222
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    Do people here not understand that the stock market is a measure of the expected future financial performance of the largest publicly traded corporations, and not the past performance of the economy?

    Posted: 31 Jul 2020 11:28 PM PDT

    Seriously I am so tired of hearing "but the unemployment, but the GDP".

    The top companies that drive the market are making money, and in all likelihood theyll continue making money in 5 years, hence market goes up, thats the only thing that really matters. The fact that you lost your job as a bartender, that doesnt matter, nobody cares.

    Also I am puzzled why you guys have such a hard-on for a stock market crash. Are you going to buy cheap stock with all your $5k net-worth and make bank? I am guessing the more likely scenario is that you'll be competing with boomers for jobs who now cant retire because their retirement accounts got shitcanned.

    Thanks for coming to my TED talk.

    submitted by /u/Odd-Boss
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