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.
- Tesla opens up at $440 post split and soars 12% to $497
- TSLA is now the tenth-largest company via Market Cap : $462 Billion & Climbing
- TESLA UP by 13% as of now. ( Premarket)
- ZM (Zoom Video) crushes earnings, earned 92 cents share vs 42 cents expected, quadruples revenue from a year ago
- What is the actual implication of FED allowing inflation to rise above 2% for stock investors?
- What do people think of the Unity (U) IPO?
- Could TSLA crash the whole stock market?
- What's the reason for the Xiaomi pump?
- Tesla call volume will cause the stock to keep going up - as explained using some options terminology
- Stock tips - 5 criteria
- Forestry Momentum Trade
- CFD's for Buy + Hold, Question about Fees
- What's up with 3M (MMM)?
- Vanguard Crashing due to Apple Stock Split?
- How do you choose what companies to invest in?
- $T - thoughts on the potential sale of DirecTV
- Is security analysis worth reading in todays day and age?
- How do billionaires protect themselves from the minimal SIPC coverage?
- 'Retail investors' moving the market.
- Companies that engage in egg freezing services for women?
- Financial Literature Sharing: Bubble For Fama
- TWCGX Growth Fund Questions
- Investopia simulator
Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 31 Aug 2020 05:17 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] |
Tesla opens up at $440 post split and soars 12% to $497 Posted: 31 Aug 2020 08:21 AM PDT Is this the most incredible bull run of all time for a stock? Their market cap is now 430B and the good news hasnt even been announced. I have personally put stop losses at 10% with anticipation that people would start aggressively taking profits. I was honestly thinking we would see a drop today but the opposite has occurred. Is it possible that Tesla will have an AMAZON run where it far outpaces justification? Edit: Why the downvotes? [link] [comments] |
TSLA is now the tenth-largest company via Market Cap : $462 Billion & Climbing Posted: 31 Aug 2020 12:11 PM PDT TSLA is now the *edit(seventh)-largest company via Market Cap in the US ($452 Billion). Here are the other 9 - Link For some info ( I don't know how to insert charts here) but this is the trend: March 18, 2020 - 66 Billion April 20, 2020 - 138 Billion May 20, 2020 - 151 Billion June 19, 2020 - 186 Billion July 20, 2020 - 305 Billion August 20, 2020 - 372 Billion As of this moment, 8/31/2020 - 2:10 PM CST - It is around $461 Billion. (Here is the source for the Market Cap Trend - https://www.macrotrends.net/stocks/charts/TSLA/tesla/market-cap ) Edit 1 : Elon Musk's Net worth nears $100 Billion - with Bezos and Gates ahead of him. [link] [comments] |
TESLA UP by 13% as of now. ( Premarket) Posted: 01 Sep 2020 02:57 AM PDT This stock is a thunderstorm. After yesterday's split of 5:1. This stock seems to become more strong. What are your views about Tesla performance by the end of September?Some bulls have given the target of $600+ While bears.... Anyways, what are your views?? [link] [comments] |
Posted: 31 Aug 2020 01:17 PM PDT https://www.cnbc.com/2020/08/31/zoom-zm-earnings-q2-2021.html
Google Finance reports a PE of 1797 prior to this earnings report so if you like high PE this is the one for you [link] [comments] |
What is the actual implication of FED allowing inflation to rise above 2% for stock investors? Posted: 01 Sep 2020 02:46 AM PDT The Fed now "seeks to achieve inflation that averages 2 percent over time," rather than 2% inflation as a fixed goal. What this means in practice is that: "following periods when inflation has been running persistently below 2 percent, appropriate monetary policy will likely aim to achieve inflation moderately above 2 percent for some time." When FED announced unlimited QE in mid-march, I didn't understand the implication of that and was still expecting for further market crash and reduced amount of my monthly investment. So would like to avoid the same mistake and analyze and discuss the implication of this major policy shift better. Questions
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What do people think of the Unity (U) IPO? Posted: 31 Aug 2020 07:04 PM PDT What do people think of the Unity (U) IPO? https://www.cnbc.com/2020/08/24/unity-s-1-ipo-filing-drops.html The company's timing is good. Not only have U.S. market indexes returned to records, but one of Unity's top competitors, Epic Games, is also challenging Apple in court in a dispute over e-commerce features in Epic's own Fortnite game that violated Apple's App Store rules. The controversy could put Epic's Unreal Engine, which rivals Unity's technology, in jeopardy. [link] [comments] |
Could TSLA crash the whole stock market? Posted: 31 Aug 2020 03:47 PM PDT How realistic is an ugly feedback loop of margin called selling possible on the market if TSLA craters? I don't think its completely out of the question that buyers get margin called and their similiar holdings in the technology sector get sold off to cover. When those heavily concentrated stocks fall as a result of the selling, more will be margin called and further options will likely get exercised on SPY and TQQQ/QQQ etfs, IV derivatives. Interesting enough, Black Monday followed a historic surge in the stock market in August. We could be seeing something similar in the next couple months. [link] [comments] |
What's the reason for the Xiaomi pump? Posted: 01 Sep 2020 02:34 AM PDT Hi, i bought a few moths post IPO and in no way complaining. But i dont what's happening. I know there has been a buy back and a good Q2 return but +100% in a week seems scarry and.id like to lock my profit. Any idea what is causing this? A short squeeze? [link] [comments] |
Posted: 31 Aug 2020 11:37 AM PDT I come to r/investing hoping this post can somewhat explain what's happening in Tesla, since every day there's a lot of questions about it. I understand my post isn't is not the typical r/investing post, but my post is meant to hopefully explain some things the r/investing crowd may not have heavy exposure to, which is options and how they are having a massive effect on certain stocks, particularly Tesla. So to begin with, I see way too many posts like P/E of stock XYZ is too high. Tesla is one of these XYZ stocks, but the market has changed. No one really cares about P/E anymore. All that matters is supply and demand and especially through options. Unfortunately, because of retail, the entire options market has changed the last few months, which probably changed the behavior of funds too, causing the entire market to change. Here's a quick explanation using some options terminology of what I see is happening. Call volume is almost like 90% today and it's historically skewed towards calls, especially calls that put pressure on the upside skew of the vol curve (which brings in kurtosis). That's the only thing that matters. If people buy calls -> the stock will keep going up because it's natural float is so low and big players like Musk and Baron don't sell to cause any selling pressure. The equity game has changed to the point most people are now making their bullish bets through options to gain max leverage. If there are a lot of people buying calls, that's a bullish sentiment and so the stock will go up, just like when people buy a lot of shares. People have to get that in their heads that supply/demand is what drives price moves and options provide a leveraged version of supply and demand. The calls on Tesla cause the name to explode even more to the upside than a boring name like say an INTC because Tesla comes with the extra special convexity/kurtosis bonus in that if the stock goes up, volatility explodes and gamma explodes. Hence market makers now will have to be desperate to buy as many shares as possible to stay delta neutral to the new skew, causing a feedback loop to bring the stock even higher. This is also easier to do the lower the stock price, since calls become more affordable to retail. Whether that was Elon's motivation for splitting the stock or not is unknown, but he's a smart guy. I'm sure he probably knows. It could theoretically work in reverse too, going down through the same short strikes it went through, but you would need a major catalyst. A major QQQ selloff or some announcement that's bad for Elon Musk could trigger a -20% selloff since it does work in reverse, but in a natural market environment, this should not happen. Simple STRATEGY: The strategy IMO is to buy SHARES. Buying puts is probably a no-no but you could get lucky once in a while with timing. Shorting shares is definitely a no-no unless you want to go bankrupt. Buying calls could be really good if you time it right, but the main issue with buying the calls is you have to buy it at the right vol level. Market makers are not just going to let you run them over, so they will naturally jack up this skew/call IV to a high level where they can win even selling calls and having the stock go up. For example, if Tesla is 490 now and a market maker sold a 600 call and delta hedged it by buying shares, they will win if the stock goes up to 600 even at expiration. The 600 call buyer would actually lose unless he sold earlier. Thus, shares is probably the better play. Nevertheless, the reason for these explosive up moves is explained by options. If you are uncomfortable with buying shares due to the high P/E and bubble like nature of Tesla, I can understand that. However, you must also understand investing should be more than a financial statement now. You must factor in things like options volume in terms of investing. Using the same mindset, this is why I would never ever invest in a stock like XOM. No retail is going in and buying XOM calls. This can be said about CSCO too. You don't get that options pressure you want, which is a "fundamental" reason for a stock to go up. So if you don't like Tesla since it is indeed a high P/E, you can apply this same idea and buy Apple (or Microsoft) then. It's a lower and reasonable P/E, has similar call option volume flow, and is a much better long term investment than XOM or CSCO. [link] [comments] |
Posted: 01 Sep 2020 03:51 AM PDT Hello, I am trying to find stock listed companies that fulfil certain requirements: 1) Mkt Cap > 1B 2) Debt < 3x EBITDA 3) EBIT Margin > 15% 4) ROE > 15% 5) Dividend Yeld (5y) at least 1% Any ideas? Thank you very much and best regards [link] [comments] |
Posted: 01 Sep 2020 03:47 AM PDT Forestry is showing incredible price momentum (comparing 3 month vs 9 month) not only on an individual stock basis but also with a high market breadth (% of stocks within industry showing positive momentum). A non-hype market (currently) with solid dividends and good valuations by today's standards. Suggested Ticker: WOOD Source: Me [link] [comments] |
CFD's for Buy + Hold, Question about Fees Posted: 01 Sep 2020 03:05 AM PDT I am trying to figure out if long term buy + hold for index CFD's (VOO, SPY, etc) is sensible considering fees on Interactive Brokers. The fee structures are somewhat complicated, but from what I can tell there are no holding fees for a cash account (no margin). You of course pay a small commission to buy and sell, but that is all. Is this correct? [link] [comments] |
Posted: 31 Aug 2020 09:24 AM PDT Every product I have ever used from 3M has been amazing. Their adhesives, sandpapers, dental products, etc. are often the best things made. They have a global presence. The P/E ratio is well below market average at 18.78. The dividend is a healthy 3.584. The stock grew 80% between 2015-2018 and then slumped. I see some analytics saying they fail to attract new talent for R&D. Why is this company with amazing products seemingly collapsing? Is this the brain drain, or is the talent going somewhere else? [link] [comments] |
Vanguard Crashing due to Apple Stock Split? Posted: 31 Aug 2020 08:13 AM PDT Vanguard crashing due to Apple stock split? I'm new to investing and before today I had never tried to log into my account when the market has just opened. Today though, due to the stock split with Apple, I am trying to log in on both app and desktop and the site is super slow and keeps giving me error messages when I log in. What seems most obvious is that Vanguard is crashing because everyone is trying to log into their accounts all at once, maybe because of Apple's stock split. However I wonder, is this just normal behavior this early when the market is just opening? UPDATE: Do not do what I did and hit submit payment 100 times hoping to get a confirmation. It says my account has way more now than I intended and that is even in my checking account. Hopefully this won't officially go through. Otherwise I'll be probably on the phone with Vanguard and Bank of America all day [link] [comments] |
How do you choose what companies to invest in? Posted: 31 Aug 2020 01:11 PM PDT After watching some videos I've found 6 metrics to look at that shows me it's a good stock to look further into these being: P/E Price to book ratio PEG Return on equity Debt to equity Current ratio However, having never invested in stocks how do you tell what is good and what is bad. You've got no past experience to go with so they just seem like arbitrary numbers. For P/E you look at the industry and sector average Same for PEG But I can't seem to find where to find industry averages? [link] [comments] |
$T - thoughts on the potential sale of DirecTV Posted: 31 Aug 2020 01:12 PM PDT On Friday, WSJ reported AT&T is exploring a deal for its DirecTV business, and has been in talks with private-equity players. This follows several other media reports over the last few years (CNBC, WSJ) that AT&T has been considering selling its DirecTV business, as well as comments by DISH management that a combination of Dish's satellite operations with DirecTV are inevitable. Goldman issued the following report this morning outlining some interesting thoughts: Why would AT&T sell DirecTV? Three potential objectives:
With AT&T having already made its flagship HBO Max streaming service available to its DirecTV customers, we believe the company has now captured the majority of the product and cost synergies from this asset. As such AT&T may view that it can be a more focused and nimble competitor in its core mobile, broadband and streaming markets by divesting control of its satellite TV operations in the US. Indeed, separating from AT&T could also allow DirecTV to operate in a structure that works better for a mature cash-generative business, which could benefit AT&T to the extent it retained a stake in the company. 2) Accelerate AT&T's balance sheet deleveraging. Since completing the acquisition of Time Warner in 2018, AT&T has reduced it net debt by $25 billion from $177 billion to $152 billion as of 2Q20 through a combination of strong FCF, asset sales and other asset monetizations. While this has lowered its net debt/EBITDA from 3.3x to 2.7x, the company remains well above its historical leverage in the low-2x range, which we believe remains its long-term target. As such, we believe that AT&T could likely consider any transaction that enabled it to accelerate its delevering by pulling forward value for non-core assets. Even if a transaction were only modestly delevering, in terms of its net leverage ratio, we believe that simply lowering the gross dollar amount of outstanding debt could improve AT&T's financial flexibility by making it less reliant on the investment grade credit markets during a period of significant economic uncertainty. 3) Achieve further cost efficiencies and synergies. This opportunity would likely only apply to a combination with another pay-TV operator (vs. a financial buyer) owing to significant overlapping costs. We have not attempted to estimate synergies from this type of hypothetical combination, but AT&T's own combination of DirecTV with its U-verse business in 2015 could be a potential precedent. That merger represented the combination of DirecTV's base of 20 million US satellite TV subscribers with AT&T's base of 6 million landline U-verse video subscribers. While these services were based on different infrastructure, the company initially estimated cost synergies would exceed $1.6 billion on an annual run rate basis by year-three after closing. One year later, AT&T increased this target to $2.5 billion, based on lower programming costs across the combined video operations (DirecTV + U-verse) with other savings from core operational functions (e.g., truck rolls, billing, customer care, advertising, etc.). A combination with Dish could face regulatory scrutiny. For details on the potential regulatory considerations facing a potential merger of DirecTV and Dish, please see takeaways from our discussion with Andrew Lipman, partner at law firm Morgan Lewis, at the 28th Annual Communacopia conference in 2019. Here is our summary of Mr. Lipman's comments, which you can find in the report cited above: Mr. Lipman believes that Dish and DirecTV could potentially get a deal through federal regulatory authorities if there was a will from both companies to merge. This is despite the failure of a similar proposal to merge between the two satellite operators in 2002. He believes that the pay-TV market has changed drastically since the original merger attempt (i.e. fiber and cable presence in rural areas, OTT offerings). Mr. Lipman believes that such a deal could potentially be structured in different ways to address the government's likely concerns that rural areas could be hurt by this merger including 1) price freezes or 2) allowing the two companies to combine back office functions, prior to a potential full merger. What impact would a sale of DirecTV have on the pay-TV market? We do not believe that a partial sale of DirecTV to financial partners, or any entity which would continue to operate DirecTV as an independent satellite TV operator, would have a material impact on the pay-TV market. This is because such a hypothetical transaction would not significantly impact the number of competitors. To some extent, it could yield a modest increase in competition as DirecTV would now compete directly with AT&T's other pay-TV services, including its new Internet-based service AT&T TV. However, we do not see this as a material change in the overall competitive backdrop. A theoretical combination of DirecTV with Dish would represent a merger of the 2nd (DirecTV) and 4th (Dish) largest pay-TV providers in the US, resulting in a new company with over 25 million video customers (as of 2019), ranking it ahead of the current #1 Comcast (21.2 million). As such, a merger of the US's two satellite TV operators could lower competition among traditional facilities-based pay-TV providers. However, as we detailed in our recent initiation report on the US media sector, traditional pay-TV services are already experiencing material subscriber losses owing to competition from new streaming services. The pressures on satellite TV providers have been particularly intense, with the combined customer bases of DirecTV and Dish declining by 13% in 2019 vs. video subscriber declines of approximately 3% for the major cable providers. As such, a theoretical combination of these companies could potentially enable them to generate synergies that position them to remain viable competitors in the pay-TV sector longer than if they remained independent. What is DirecTV's financial contribution to AT&T AT&T does not report any financial or operating metrics for its DirecTV satellite TV operations. This business is included within the company's Entertainment Group segment, which in 2019 generated $45 billion of revenue (25% of consolidated revenue) and $10 billion in EBITDA (17% of consolidated EBITDA). Below, we provide our rough estimates for the size of the DirecTV subscriber base and its contributions to AT&T's revenue and EBITDA in 2019. These estimates are intended to be illustrative in order to provide context for the scale of DirecTV within AT&T's consolidated operations and relative to peers in the pay-TV sector. We estimate that AT&T ended 2019 with approximately 16 million DirecTV satellite TV subscribers, out of 19.5 million total Premium TV subscribers. As of YE2018, when AT&T last disclosed the mix of it Premium TV subscriber base, the company had 19.2 million DirecTV satellite TV subscribers and 3.7 million U-verse video subscribers. In 2019, the company's combined Premium TV subscriber base declined 15%, which we believe was primarily driven by losses of DirecTV customers owing to the end of promotional pricing. For context, the large cable operators, whose video + broadband service bundles are more comparable to the U-verse offerings, saw their video subscriber bases decline by approximately 3% in 2019. If we assume the same trend played-out with U-verse, then that implies the DirecTV subscriber base declined 17% in 2019. For context, this implies that DirecTV ended 2019 roughly tied with Charter (16.1 million video subscribers) as the second largest pay-TV service in the US. This compares to Comcast's video subscriber base of 21.2 million and Dish's satellite TV subscriber base of 9.4 million. We estimate that DirecTV generated approximately $25 billion of revenue in 2019. We arrive at this estimate by assuming that ARPU for DirecTV subscribers is comparable to AT&T's reported Premium TV ARPU in 2019 of $121. This implies that in 2019 the DirecTV satellite TV service contributed 57% of Entertainment Group revenue (14% of consolidated). We estimate that DirecTV generated approximately $7 billion of EBITDA in 2019. This estimate implies an EBITDA margin in the mid/high 20%s. We believe this is a reasonable rough estimate based on few factors. First, DirecTV's closest peer, Dish, operates with an EBITDA margin of approximately 20%. Based on AT&T's scale in video vs. Dish, we estimate that its average monthly programming costs per Premium TV subscriber is approximately $5 lower than DISH's. This estimated cost advantage represents approximately 4-percentage points of margin benefit for DirecTV vs. this peer. Second, we assume additional scale benefits in SG&A. For context, when AT&T acquired DirecTV in 2015, its US satellite TV operations generated an EBITDA margin of approximately 25%. While we estimate that the DirecTV subscriber base in the US has declined by over 20% since the acquisition, we also estimate that AT&T has increased the service's ARPU by over 10% and generated cost synergies, which management previously estimated would reach a run-rate of $2.5 billion. We therefore believe it is reasonable to estimate that margins have remained at least flat, and likely improved, since the acquisition of DirecTV, despite material subscriber losses. Our approximate estimate for DirecTV's EBITDA implies that in 2019 it contributed nearly 70% of Entertainment Group EBITDA (12% of consolidated). [link] [comments] |
Is security analysis worth reading in todays day and age? Posted: 01 Sep 2020 03:53 AM PDT As the title suggests, i'm still fairly vanilla in the investing game and have put some money into the big tech stocks as i'm starting to save more money each month. Now i'm starting to invest more i'm becoming more interested in value investing but what with how the market seems to work nowadays was just wondering is it still worth a read and do the concepts still hold or is the market not rational enough to make it worthwhile? [link] [comments] |
How do billionaires protect themselves from the minimal SIPC coverage? Posted: 01 Sep 2020 12:03 AM PDT Billionaires will have billions of dollars in trading brokerages like Schwab, Fidelity, etc. If these brokerages go bankrupt, the SIPC will cover a max 500k for each brokerage so would a billionaire lose a huge amount of money if these brokerages fail and they lose their stocks? Even if they had 100 different accounts, that would cover 500,000*100 = 50 million. [link] [comments] |
'Retail investors' moving the market. Posted: 01 Sep 2020 03:44 AM PDT I don't see people withdrawing their 401k's en masse and dumping it all in Tesla or other yolo techstocks except in some obscure sections of the internet like wsb. It seems like a no-brainer to me that big money, aka professional investment firms, are causing this huge rise in certain tech stocks and are profiting from it immensily. The idea that tesla is going up 10% after a stock split because there's some 'dumb retail investor' thinking: 'hey why is tesla down 80%?! Stock split? No idea what that means. Let's pour my 401k into tesla since it's cheap now!!' I am supposed to seriously believe this is what is moving the markets? Most of the posts on this reddit are ridiculous. It's big money moving the market and firms/organizations that go way over our heads, way above our pay-grade. I would keep that in mind whenever you look at the stock market. [link] [comments] |
Companies that engage in egg freezing services for women? Posted: 31 Aug 2020 09:12 PM PDT I am looking for publicly traded companies that offer egg-freezing procedure for women. I believe there is a lot of money to be made in this business. There are many studies that show 45% of women between 25-44 will be single in 2030. It won't hurt to put a bit of money. Thank you in advance. [link] [comments] |
Financial Literature Sharing: Bubble For Fama Posted: 01 Sep 2020 02:56 AM PDT Seeing the recent rapid rise of the market and some stock went skyrocketed, I am curious about what would the academia think on the phenomenon, So I looked for research papers that were published on journals and would like to share this particular paper on 'bubble' with you all. The paper bubble for fama is written by Greenwood, Robin, Shleifer, Andrei and You, Yang and was published in the Journal of Financial Economics, one of the most eminent financial journal. They aimed to evaluate the saying from Eugene Fama, 2013 Nobel laureate in economic sciences. Who once said in 2016 "For bubbles, I want a systematic way of identifying them. It's a simple proposition. You have to be able to predict that there is some end to it. All the tests people have done trying to do that don't work. Statistically, people have not come up with ways of identifying bubbles." Here are what the authors of the paper have done. First of all, they put their focus on industries instead of individual stocks. A major reason for this is bubbles, by nature is very hard to define, using industry as a unit ensure the same phenomenon is experienced by the same enough firms. (Imagine a penny stock that can go up by 100% then drop in an hour, is it very hard to define if it is a bubble for statistical analysis). Researchers defined an industry is experiencing a 'price runs up' if the return for the past 2 years is over 100%, and define a bubble burst to be over 40% drops in the following 2 years after the peak. Using data from 1928 to 2014. Researchers have identified 40 'runs up' in the US stock market. And they realise the Eugene Fama is mostly right in the sense that you couldn't tell if a price run-up will be followed by a burst of not. In the 40 episodes, 21 of them experienced an over 40% crash while the other 19 episodes didn't. So you cannot say something is in a bubble just because their price has gone up by a lot. And the average time needed for the bubble episodes to reach the peaks varies from 0 months to 17 months. So it would be against the stat if you were to short sell a rapid raising industry, not only you would be proven wrong about half the time, you also need to have extreme deep pocket combined with a lot of patients to win the battle. For episodes that indeed crashed, on average they will return to the market level, and generally speaking, the market is always rising given long enough time. The implication here is even if you buy in a bubble industry, you might still retain some gains after the bubble burst (most likely to be beaten by the market tho). However, there's more to come. The researchers further study who's the differences between the crashing episodes and the non-crashing episodes. They found that there are some characteristics that distinguish crashing and non-crashing, all with p-value < 10% (That is they have 1/10 chances their statistical significance is happened by chance). They are:
Then the researchers asked, can these characteristics predict the coming 2 years return for the 40 episodes identified? The answer is yes and no. After going through some statistic measure and control for market return. None of these characteristics can predict future returns with satisfactory statistical power. However, if we don't control for market return, all of the above can predict a lower return within the coming 24 months. And on the online appendix , they also show using these characteristics as signal to avoid bubble can boost the return to 10% more compared with the benchmark index. Although the paper's focus is on the industry level, but I believe the discovery is linked with strong behavioural/economics explanation and is applicable to individual stocks. One thing I forgot to mention above is that almost all the bubbles happened in a bull market. Reading this paper reminds me of today's market. I am still a student and relatively new to the investing world. English isn't my first language so apologies if there are places that isn't clear enough. Thanks for reading. TLDR: -You can't say something is a bubble just because its price goes up rapidly -However, there are variables that can help you the identify potential bubbles -And you can boost your return by avoiding to trade the bubble [link] [comments] |
Posted: 31 Aug 2020 05:08 PM PDT Hi All, I have a TWCGX growth fund transferred to me when i was 18 which was roughly 10 years ago. I am trying also googling my questions but I can't really find a ELI5 summary. I plan to call American Century Investments tomorrow for more clarification but I thought I would take a shot here as well. This sounds like a very awful, broad question but lets say i have 20k in this fund and hypothetically i sell it all tomorrow. can anyone explain how the taxes would work on that? thanks for any info, appreciate it. [link] [comments] |
Posted: 01 Sep 2020 02:44 AM PDT I've been thinking about getting Into trading and decided to use the simulator at first. Now I had 250 tsla stocks after the split I should have 1000 no? Did the simulator just not update yet or is splitting something they didn't code into the software. It's no biggie I can just make a new account and start over but i've made about 500k in a month on there so it would be some time wasted. Anyway thanks to anyone who can answer my question [link] [comments] |
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