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.
- Nikola founder Trevor Milton forfeits $166 million in stock he would have lost any way and gets to keep $3.1 billion under separation deal
- MSFT to acquire Bethesda
- Blacklisting bullish NKLA analysts, a database resource in the making
- Eleven stocks worth considering today: strong fundamentals, Buy recommendations, (quite) reasonable valuations. AKAM, DG, LMT, MSFT, MRK, UNH, VRTX, WERN, CHE, ICE, CASY.
- Best Companies for Long-Term AI Play?
- [Bloomberg] Uber once deemed a front-runner in autonomous vehicles, investors are pushing CEO to revamp self driving unit. It's an existential decision because without a fleet of autonomous vehicles, risks losing the ride market, from Alphabet's Waymo Amazon’s Zoox, to Tesla.
- Sudden nervousness about the sp500 and what you would classify "run for the hills/doomsday scenario"
- Palantir Technologies - For Real or Walking Vaporware?
- Goldman highlights "The Future Five" - 5 stocks that have compelling secular growth opportunities
- NKLA Puts Question
- Can you successfully invest in RE through REIGs in US if you are a foreigner?
- NIO as an investment
- Corona losers that will rebound
- Is the age-old "buy ETF and hold" strategy still sensible in current and upcoming times?
- DD: It's a good time to get in on $BAC
- Question on Large Business Owners, in this case Tesla
- Illumina Buying Grail for 8bil
- How to CALCULATE and UNDERSTAND the Annualized Rate of Return of your portfolio
- CEO Carson Block Freak Out
- Opendoor Analysis SPAC (IPO)
- Sec filings by email
- An unexpected surprise
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Lowest mortgage rates.
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 22 Sep 2020 05:10 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]  |
| Posted: 21 Sep 2020 01:55 PM PDT Nikola founder Trevor Milton agreed to forfeit up to roughly $166 million of equity as well as a two-year, $20 million consulting contract as part of his abrupt departure from the company he started. However, the EV executive gets to walk away with more than $3.1 billion in stock as part of a separation agreement reached over the weekend. Milton, who's come under scrutiny in recent days, agreed to give up his position and duties as executive chairman of the board as well as all other board seats on the company's subsidiaries, according to the agreement dated Sunday. The deal strips the 39-year old entrepreneur of any say in the company's operations and blocks him from attempting to influence any decisions for at least three years, according to a company filing with the Securities and Exchange Commission on Monday. Milton agreed to advise the company as an unpaid consultant on an ad hoc basis through the end of the year, but he cannot comment about the company on social media, blogs or other online platforms without legal approval from Nikola, according to the deal. The value of his exit package will vary over time as the start-up's shares have swung wildly since it went public on June 4. The agreement requires Milton to give up roughly 4.9 million in restricted, performance-based shares valued at $166 million as of Friday's closing price of $34.19 a share while allowing him to walk away with more than 91.6 million shares that were worth over $3.1 billion. Nikola declined to comment on Milton's exit package. 'Continued service' The company also accelerated vesting on 600,000 restricted shares worth more than $20 million, allowing Milton to sell stock that was previously locked up until June 3, 2023 sometime within then next six months. Milton really didn't give up much since the restricted shares he forfeited were contingent on the stock's performance and his "continued service" at the company through that same date, so he would have lost that equity regardless, according to a separate securities filing. Milton's resignation sent shares of the company plummeting in premarket trading before opening at $24.97 – their lowest opening price since the company went public. Shares were trading down about 20% during trading midday Monday. [link] [comments]  |
| Posted: 21 Sep 2020 06:24 AM PDT MSFT announced this morning that they will acquire ZeniMax studios and its game publisher Bethesda for $7.5b. Bethesda is known for the Elder Scrolls and Fallout series, two of the most popular RPG series of the century. This is another addition to recent MSFT video game acquisitions, other major ones being Mojang and Obsidian. [link] [comments]  |
| Blacklisting bullish NKLA analysts, a database resource in the making Posted: 21 Sep 2020 11:00 AM PDT I'm going to create a database for personal use, that permanently blacklists all bullish equity analysts that recommended NKLA stock. Accountability is an important thing. Is there any good website to scrape this data? When you go to finviz they display recent analyst views on stocks, for NKLA see below: "Aug-26-20 Initiated Wedbush Neutral $45 However there isn't an option on FINVIZ to click on the report or attribute authorship of the rating. Is there a web resource where it is easily accessible, or do I need to go to each institution for access? Thanks and happy investing! [link] [comments]  |
| Posted: 21 Sep 2020 11:10 AM PDT Here is a couple of stocks that might be worth your attention this week. This short list was compiled with help of various sources of data, including Buy recommendations from several renowned stock data providers and analytical services. This is why I'm calling the approach a consensus strategy. The stocks I'm going to present you below are generally believed to outperform the stock market in the coming months, they have a consensus recommendation of Buy, their fundamentals are scored considerably better than most stocks and their average target price by stock analysts is above current market valuation. In order to consider buying the stock's shares, the following criteria need to be satisfied:
Note: Descriptions of those criteria are provided at the end of this post. If you decide to buy any of the below stocks, you might want to consider the following selling conditions (at least one of them should be satisfied):
Let's now take a look at the stocks I've identified with this strategy today. CHEMED CORP (CHE)Sector: Health Services Valuation of entry parameters: TheStreet score: A DOLLAR GENERAL CORP (DG)Sector: Retail Trade Valuation of entry parameters: TheStreet score: A+ INTERCONTINENTAL EXCHANGE (ICE)Sector: Finance Valuation of entry parameters: TheStreet score: A LOCKHEED MARTIN CORP (LMT)Sector: Electronic Technology Valuation of entry parameters: TheStreet score: A+ MERCK & CO (MRK)Sector: Health Technology Valuation of entry parameters: TheStreet score: A MICROSOFT CORP (MSFT)Sector: Technology Services Valuation of entry parameters: TheStreet score: A+ UNITEDHEALTH GROUP INC (UNH)Sector: Health Services Valuation of entry parameters: TheStreet score: A VERTEX PHARMACEUTICALS INC (VRTX)Sector: Health Technology Valuation of entry parameters: TheStreet score: A WERNER ENTERPRISES INC (WERN)Sector: Transportation Valuation of entry parameters: TheStreet score: A AKAMAI TECHNOLOGIES INC (AKAM)
Valuation of entry parameters:
CASEYS GENERAL STORES INC (CASY)Sector: Retail Trade Valuation of entry parameters: TheStreet score: A+ Now, a few words on the criteria I'm using and sources of data. 1. TheStreet scoreThe first filtering step is to get stocks with Buy recommendation at TheStreet stock screener (https://www.thestreet.com/r/ratings/reports/ir-screener.html). I'm only keeping stocks with A or A+ rating (top ones), although A-, B+, B and B- are Buys as well. From thestreet.com: A (Excellent) - The stock has an excellent track record for maximizing performance while minimizing risk, thus delivering the best possible combination of total return on investment and reduced volatility. It has made the most of the recent economic environment to maximize risk-adjusted returns compared to other stocks. While past performance is just an indication -- not a guarantee -- we believe this fund is among the most likely to deliver superior performance relative to risk in the future as well. And about the methodology (source: https://www.thestreet.com/r/ratings/reports/detail/T.html): TheStreet Ratings' stock model projects a stock's total return potential over a 12-month period including both price appreciation and dividends. Our Buy, Hold or Sell ratings designate how we expect these stocks to perform against a general benchmark of the equities market and interest rates. While our model is quantitative, it utilizes both subjective and objective elements. For instance, subjective elements include expected equities market returns, future interest rates, implied industry outlook and forecasted company earnings. Objective elements include volatility of past operating revenues, financial strength, and company cash flows. 2. Zacks RankIt is required that the Zacks Rank is Hold, Buy or Strong Buy (so we're avoiding stocks with Sell and Strong Sell recommendations). The Zacks Rating utilizes a completely different system, based on company earnings-related data, in particular earnings estimate revisions and earnings surprises, to predict profitability of holding the company's shares. More from [https://www.zacks.com/education/stock-education/zacks-rank-guide-6](http://(average, from experts)): The Zacks Rank is a proprietary stock-rating model that uses trends in earnings estimate revisions and EPS surprises to classify stocks into five groups: Strong Sell, Sell, Hold, Buy, Strong Buy. A portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 31 years with an average annual return of +24.3% a year; more than double that of the S&P 500's +10.6% . 3. Weiss Ratings recommendationWe're only keeping stocks with Buy (B) or Strong Buy (A) recommendation. Wjat are these scores? This is what I found at their website (https://weissratings.com/help/rating-definitions): "A" Rating: Excellent. The company's stock has an excellent track record for providing strong performance with lower-than-average risk, and it is trading at a price that represents good value relative to the company's earnings prospects. While past performance is no guarantee of future results, our opinion is that this stock is among the most likely to deliver superior performance relative to risk in the future. Of course, even the best stocks can decline in a down market. But our "A" rating can generally be considered the equivalent of a "Strong Buy". "B" rating: Good. The company's stock has a good track record for delivering a balance of performance and risk. While the risk-adjusted performance of any stock is subject to change, our opinion is that this stock is a good value, with good prospects for outperforming the market. Although even good investments can decline in a down market, our "B" rating is considered the equivalent of a "Buy". 4. Yahoo Finance recommendation and target priceIt is required that the Yahoo Finance stock recommendation is at least mixed Buy/Hold from experts. Additionally, the predicted target price (average, from experts) should be at least 5% higher than the current one. 5. MarketBeat recommendation and taget priceSimilar to Yahoo Finance, it is required that the MarketBeat stock recommendation is at least mixed Buy/Hold. Additionally, the predicted target price (average, from experts) should be at least 5% higher than the current valuation. 6. Piotroski F-ScoreThe Piotroski score is a number between 0-9 that reflects nine criteria used to determine the strength of a company's financial situation, including profitability, leverage or operating efficiency. Zero is the worst value and nine is the best. As we can read in Piotroski's paper from 2000: In addition, an investment strategy that buys expected winners and shorts expected losers generates a 23% annual return between 1976 and 1996, and the strategy appears to be robust across time and to controls for alternative investment strategies. It is required that the score is 4 or higher. The values were retrieved from https://www.gurufocus.com. 7. Moody's Daily Credit RiskMoody's Daily Credit Risk Score is a 1-10 score, which provides a forward-looking, one-year measure of credit risk. It is updated daily and takes into account day-to-day market movements compared to a company's liabilities. The value is retrieved from https://markets.businessinsider.com and is expected to be in the range of 1-6. 8. InvestorsObserver Overall ScoreThe rank has a value in between 0 and 100. It takes into account both technical analysis and fundamental stock data. An Overall Rank of N means that a given company is rated above N% of stocks, therefore the higher the number, the better. My requirement is that the company has InvestorsObserver Overall score of at least 50. More detailed explanation from https://www.investorsobserver.com/learning-center/what-the-scores-mean/what-does-the-overall-score-mean: The Overall Score combines our two technical scores (Short Term and Long Term) with our Fundamental Score into one metric. This makes our overall score a great place to start when evaluating stocks, regardless of your investing style. A low score doesn't necessarily mean a stock is likely to go down, just that our system doesn't think there's much of a bullish case for it. Please note that the company profile data (short description) was taken from https://www.tradingview.com (sometimes I shortened it) and dividend data was retrieved from MarketBeat. I hope you enjoyed the reading. What do you think about this stock selection and the strategy? Feel free to leave a comment below. Michael, the Investing Scientist Disclosures:
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| Best Companies for Long-Term AI Play? Posted: 21 Sep 2020 09:44 PM PDT I'm looking for a medium cap ($5-30B) company that is a leader in artificial intelligence. Sector doesn't really matter and it can be a company that uses AI to provide analysis or software as a service or an industry leader that adopted AI. Cash flow positive would be great but not necessary. Do any of you have any recommendations, and if so, what's your bull/bear thesis? I know I can do a google search, but I wanted to ask you all for your impartial wisdom. [link] [comments]  |
| Posted: 21 Sep 2020 07:49 AM PDT Bloomberg Uber Investors Are Pressuring CEO to Revamp the Self-Driving Division Once deemed a front-runner in autonomous vehicles, the ride-hailing giant is struggling with its software and losing some of its best brains. Dara Khosrowshahi has been encouraged to re-evaluate Uber's self-driving program, and is weighing the options. Photographer: Samyukta Lakshmi/Bloomberg With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the race to build self-driving cars and revolutionize global transportation. Today, the effort is lagging far behind rivals, and investors are getting antsy about the rationale for continuing a long-term science project that isn't helping Uber become profitable or safeguarding its future. In recent months, the company's two largest shareholders, SoftBank Group Corp. and the venture firm Benchmark, have privately encouraged Chief Executive Officer Dara Khosrowshahi to find more investors for the division, which is expected to exhaust its funds by the end of 2021, and re-evaluate its strategy, according to people familiar with the situation. Uber is facing challenges from companies such as Alphabet's Waymo and Amazon's Zoox. Khosrowshahi is exploring various options. One would see Uber accelerating the project by open-sourcing it to coders around the world, said the people, who requested anonymity to speak about a private matter. Or the company could continue building a proprietary car with money from existing partners, Toyota Motor Corp. and Denso Corp., and possibly new ones, they said. It's an existential decision because without a fleet of autonomous vehicles, Uber risks losing its grip on the ride-hailing market to any number of companies, from Alphabet Inc.'s well-established Waymo unit to upstarts like Amazon.com Inc.'s Zoox, which recently got the green light to test autonomous vehicles on California roads without a safety driver PitchBook mobility analyst Asad Hussain describes a nightmare scenario where Waymo develops its own network, Amazon gives free rides to Prime subscribers, and Uber becomes irrelevant. "Self-driving is the next smartphone," he said. "You don't want to get left out." When Khosrowshahi assumed Uber's helm from ousted founder Travis Kalanick in 2017, he inherited a mess of cultural, strategic and financial problems. Khosrowshahi set to fixing the most pressing ones first, repairing Uber's reputation and values and offloading losing bets in overseas food delivery and ride networks; the self-driving group went on the back burner. After replacing Travis Kalanick in 2017, Khosrowshahi placed the self-driving program on the back burner while working to restore Uber's reputation. Photographer: Akio Kon/Bloomberg Work didn't stop, but the division was badly demoralized by a pair of events: the conviction and imprisonment of its former chief, Anthony Levandowski, for stealing intellectual property from Waymo, and the 2018 death of a pedestrian struck by an Uber vehicle in Phoenix, Arizona, while the human driver was watching "The Voice" on her cell phone. Meanwhile, Uber's rivals were making progress. Waymo cars have logged hundreds of thousands of miles in more than two dozen cities; Lyft recently surpassed 100,000 rides in Las Vegas using vehicles supplied by Motional. General Motors Co.'s Cruise has completed 50,000 robo grocery deliveries during the pandemic alone. By contrast, Uber is operating fewer than 10 cars a week on public roads in Pittsburgh and Washington. Last year Khosrowshahi bought himself some time by turning the autonomous driving division, called the Advanced Technologies Group, into an $8 billion subsidiary with its own set of investors, including SoftBank, Denso and Toyota, to help fund an operation that's consuming about $500 million a year. The move got the unit off Uber's balance sheet and helped silence critics. But it didn't address the more fundamental question of strategy and whether Uber should be in the business of building its own autonomous driving technology. Investors and executives including former Uber Chief Technology Officer Thuan Pham have said that open-sourcing ATG's self-driving technology would speed development and establish Uber as a leader, similar to how Google's open-source Android mobile operating system created an alternative to Apple. Going this route would require Uber to release the source code and grant rights to everyone interested in using, changing, studying and distributing it however they choose. Proponents say this would let Uber remain on the cutting edge while progressing faster because the work would be done collaboratively by coders around the globe. Key Speakers at the Rise Tech Conference Pham sees open-sourcing ATG's tech as a move that could push Uber above its rivals.Photographer: Anthony Kwan/Bloomberg "There's no question in my mind that [open source] is the perfect solution for a highly complex problem," said Benchmark's Bill Gurley, who added that the move would boost Uber's share price by as much as 20%. "I would sacrifice whatever value there might be to lead an open-source movement to get the company to a better place faster. I'm highly confident the market would respond to that." Khosrowshahi earlier this year directed ATG chief Eric Meyhofer to explore the idea, according to people with knowledge of the situation, who said the conversation quickly became "contentious." Meyhofer confirmed the conversation and, although he disagrees with that characterization, he does believe the idea of open-sourcing ATG's technology is "too complicated." "Open sourcing opens a can of worms," he said. "We don't think it makes sense for our strategy." Amid the infighting, Uber's partnerships with other self-driving companies have withered. The original idea was to have a backup in case Uber's proprietary effort was late or didn't come to fruition. That's why Uber struck a deal with Daimler AG back in 2017 to put Daimler's own self-driving cars on Uber's ride network. But all new work with the German-American automaker has ceased, according to people with knowledge of the matter. Uber tentatively agreed to work with Motional, with tests planned for later this year, but several ATG employees advocating for the partnership have left, putting the deal in purgatory, the people said. Daimler didn't respond to requests for comment. Meyhofer said ATG "remains interested in and committed to pursuing partnership opportunities that serve our mission of bringing safe, reliable self-driving technologies to the Uber platform." He declined to comment on details of the existing Motional arrangement, but said no "deal" has been signed and nothing is set to be tested in 2020. Motional said it would be "premature" to comment on the status of conversations with Uber and other ride-share companies. US-IT-LIFESTYLE-TRANSPORT-UBER The ATG program has run into some recent kinks, not least of which was the Covid-19 pandemic that halted all testing.Photographer: Philip Pacheco/AFP via Getty Images Work on Uber's own autonomous technology isn't going well either. ATG engineers are in the midst of replacing the software platform the company has been licensing from Carnegie Melon University since 2015. Originally, the project was going to take six months, but that deadline has been pushed out to more than 18 months, according to people familiar with the work. Earlier this year, cars running on the new platform occasionally lost computing power, going just a few hundred yards before stopping, the people said. Then, just as some of those initial kinks were being worked out, Covid-19 hit. ATG suspended all testing apart from simulation work for a "brief period," until it could ensure employees would be able to safely resume work, according to its financial report for the period ending June 30. Today, five years after Uber launched its self-driving effort, the company operates vehicles in the nation's capital but only with the autonomous system turned off. In Pittsburgh, meanwhile, the autonomous system is engaged only "as needed," with a human driving the rest of the time. Khosrowshahi has little in the way of milestones to show potential investors. [link] [comments]  |
| Sudden nervousness about the sp500 and what you would classify "run for the hills/doomsday scenario" Posted: 21 Sep 2020 06:42 PM PDT I am a very new investor. I had a lot of my windfall thanks to my father. Because I am new I have found 2 financial advisors I like (enough) and have trusted them with about 400 K in assets each- total 800 K of about 3mm in cash that I have. At 25 my plan was to follow buffets advice and sp500 for the remaining 20-30 years as my house is all paid off, and my job pays me well enough, and I have other funds and rentals adding to that income. Today while asking my advisor about the worst economic scenarios, I found out the NASDAQ fell almost 80% in the early 2000's. This was a major set back because while I have been following advice around sp500 and vtsax for such a long time I did not expect such a diversified ticker could fall so hard. I thought, 30-40-50% drops were really where we max out without sweating. Is there a "run for the hills" drop/benchmark you would set for the total market where you think the economy has crashed beyond return? I really want to keep 2 MM in unmanaged sp500/vtsax but the 80% drop of the nasdaq scares me and wants me to put more with an advisor. thoughts? [link] [comments]  |
| Palantir Technologies - For Real or Walking Vaporware? Posted: 21 Sep 2020 04:48 PM PDT I've been excited about the upcoming IPO for Palantir Technologies since I originally learned about it. Even though, I'm not a big Peter Thiel fan nor am I crazy about some of the weirdness around the company culture. However, I got excited due to the potential of what they could be and who their current clients are. Now that we are days away from what many have called the "biggest tech IPO" of the year, but all these funky revisions are weird - see: https://techcrunch.com/2020/09/18/in-its-4th-revision-to-the-sec-palantir-tries-to-explain-what-the-hell-is-going-on/ There's an upside for the long game, but experience tells me there have to be some sort of control freaks given revisions. Any thoughts out there about Palantir? Or am I overthinking it? [link] [comments]  |
| Goldman highlights "The Future Five" - 5 stocks that have compelling secular growth opportunities Posted: 21 Sep 2020 11:21 AM PDT Goldman: "Growth is more valuable to investors than ever in the low interest rate environment that is likely to persist for years. Rates at the lower bound enhance the net present value of stocks with strong expected long-term growth. Growth has outperformed Value during the past 1, 3, 5, and 10 years. High growth stocks now trade at the largest valuation premium to low growth stocks in 20 years. Short-term disruptions may occur but investor demand for secular growth will persist." "This report refreshes our "Rule of Ten" secular growth analysis and highlights 21 firms in the S&P 500 with the potential to be future index leaders. These stocks will not necessarily supplant the current five largest stocks. But they have the potential to significantly increase their index rankings from the current median of 154, generating strong returns for portfolio managers along the way. From a sector perspective, Information Technology, Health Care, and Communication Services account for 19 of our 21 Rule of Ten stocks. The median stock has expected 2018-2022 annualized sales growth of 18% (vs. 4% for the S&P 500), trades at 43x 2021E EPS (vs. 20x) and 9x EV/sales (vs. 3x), and has returned 21% YTD (vs. 0%)." "Most of the stocks relate to five broad themes: (1) Computerization of healthcare; (2) digital transformation of business; (3) workflow automation; (4) e-commerce and digital payments; and (5) advancements in life sciences." "Among those five themes, we highlight potential "future five" stocks that our equity analysts believe have compelling secular growth opportunities: ISRG, ADSK, NOW, PYPL, VRTX. Common attribute: Large total addressable markets." [link] [comments]  |
| Posted: 21 Sep 2020 06:15 PM PDT NKLA Puts question I own Jan 2021 puts on NKLA at 22.5 strike. I was expecting them to go up way more than they did today. NKLA was down 19.3% but my outs were only up 25%. Could anyone explain this? I was expecting the puts to be up 50-75%. I could use some help understanding. [link] [comments]  |
| Can you successfully invest in RE through REIGs in US if you are a foreigner? Posted: 22 Sep 2020 03:57 AM PDT So I lived in the US for many years, but I don't have a nationality and since Covid I have been working as a full-time employee in Asia. Thinking about buying a moderate residential house in the countryside (in US) and renting it out through REIGs to avoid the hassle of managing it while being overseas. Would love to hear pros/cons or other options to avoid fees/taxes from some experienced real estate professionals. [link] [comments]  |
| Posted: 21 Sep 2020 02:19 PM PDT NIO is a Chinese Electric Car company. They have an opportunity to grow as a premier EV Company. In July 2020 they delivered 2,610 cars. Tesla led the market with 11,575 cars delivered in July 2020. As shown by this link https://www.iea.org/reports/global-ev-outlook-2020 China's influence on the EV market grows with every year and is the biggest EV market in the world. NIO currently trades at $18.75 a value that may look like a premium to others but an opportunity once it grows as a bargain. According to CNN business NIO has 1 year forecast of $120.46 according to 16 analysts. https://money.cnn.com/quote/forecast/forecast.html?symb=nio. This looks like a premium value for NIO which it is. The future is Electric as more countries realize that ICE vehicles will not help with Global Warming targets. According to the Agust from NIO "NIO delivered 3,965 vehicles in August 2020, a new monthly record representing an 104.1% year-over-year increase." They will grow as they are expanding their monthly vehicle output to 5 thousand per month. 21,667 cars were delivered in 2020. NIO is the 7th largest car manufacturer with 21,667 cars delivered throughout 2020. In my opinion they will continue to grow not only because of NIO cars, but with NIO Home a place where NIO car owners can meet and hangout and boost productivity. NIO home adds an extra element as a subscription model which is very profitable as shown by Microsoft and streaming services. NIO is trying to be a brand such as TESLA. NIO is one of the first company with Battery swap instead of plug in. This is great for high density locations as they can grow and pack them in places with lost of people to service lost of people. Also NIO just launched BaaS which allows you to rent a battery and make the total car cheaper. The NIO car is already cheaper then a Tesla Car. NIO will grow not only because of Battery swap because it takes less then 5 minutes got change your battery and have a full battery. Also NIO is working on an app to allow you to buy preowned cars and since the battery is swappable it can be reused many times. This is my opinion on why NIO will become a big car company in China. This may turn out to be a terrible investment but it is one I have to take as a see the future of green energy and EV cars as they can help slow down global warming which will only get worse by year. The great investor Warren Buffet once said"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." Climate change is a seriuous probelm and through innovation NIO will become a great investment and will help solve this serious threat to our society. Some more great resources on NIO can be located here https://www.nio.com/de_DE?noredirect= https://www.iea.org/reports/global-ev-outlook-2020 an outlook of EVs in the future an outlook of EVs in the future [link] [comments]  |
| Corona losers that will rebound Posted: 21 Sep 2020 06:25 AM PDT What are some companies which stocks have fallen over 50% that you are betting on will rebound strongly post pandemic? I have put a small amount (relative to me) on Norwegian Air Shuttle who have dropped more than 90% thinking that its not a big amount that I would lose if they go complete bankrupt but if they rebound in the coming years its a really nice profit. Any stocks in similar situations? [link] [comments]  |
| Is the age-old "buy ETF and hold" strategy still sensible in current and upcoming times? Posted: 21 Sep 2020 02:07 PM PDT I know that buy and hold has worked very well over the past decades, especially in a low-cost diversified ETF like SPY/VOO. That was a period when the US was experiencing tremendous growth post-WW2. I was just wondering if this strategy is still sensible given current geopolitical realities. First and foremost, I really hope to not offend anyone (especially Americans). I'm not American, so I might be coming from a place of ignorance/misguidance. From what I read in the news and books, it seems that the US might be at the beginning of its geopolitical decline (increasingly isolationist, domestic social issues such as inequality, healthcare, etc., ever-increasing national debt). Not sure how much of that is due to President Trump or how much of that is systemic though. Given all these realities, is buy and hold still a sensible strategy if I'm considering say the next few decades as my investment horizon? [link] [comments]  |
| DD: It's a good time to get in on $BAC Posted: 21 Sep 2020 11:31 AM PDT So we all know that big boy value god Buffet has only done a little buying in this extremely overvalued market. His favorite pick of mine: Bank of America (BAC). Currently, Berkshire Hathaway increased its holdings to 925,008,600 shares with a total position of 11.8% in the bank (#1), with the average share price being $24.65. This buying has also increased his BAC position to be the second largest position behind apple (aapl). As of today 09/21/2020, 2:27pm, bac sits between $24.76 - $24.07. Personally I have held this since he released that news in July and have seen it swing upwards of $27.00, but never truly falling below his average share price until today. The Fed has announced another stress test coming up and they will be releasing the reports along with the names of each individual bank in question (#2). I bet that Buffet has done his DD properly and has decided that BAC has strong financials and has a low risk of becoming insolvent due to the pandemic. Last thing to note is that this is a longer term hold (as a large solid chunk of your portfolio should be) that may materialize well after the pandemic is gone and life resumes. My final thoughts on this is that if the position is good enough for Buffet, anything at or below his is good enough for me. #1: https://www.cnbc.com/2020/07/31/warren-buffetts-berkshire-hathaway-continues-to-buy-bank-of-america.html TLDR: Buffet bought BAC in July for an average of $24.65. BAC now sits below his average share price. Positions: Holding average share price of $24.52 [link] [comments]  |
| Question on Large Business Owners, in this case Tesla Posted: 21 Sep 2020 02:18 PM PDT We could use any established CEO but I'll use Elon Musk for this question, To what degree must the CEO be knowledgeable in his companies technicalities? Now this might sound dumb but let me specify as an example, From Electric Vehicles to building Rockets/Satellites, did Musk himself have to learn everything from the physics of space flight, to the dynamics of a transmission shaft on a car? From the scientific process of storing energy in a cell, to the means of producing and managing the logistics of lithium procurers? It just seems baffling to me how a human can absorb so much knowledge on so many different topics in such a short period of time (he's 49 years old), while one of these topics alone could take decades of research and training to master... Anyone understand what I'm asking? Or am I a simple Jack? Hence the question [link] [comments]  |
| Illumina Buying Grail for 8bil Posted: 21 Sep 2020 10:52 AM PDT What do y'all make of this deal and illumina falling on this news? it looks bad on management to spin off a company and then buy it back later for a way larger price tag, but also that's sort of a sunk cost fallacy and at eod they're acquiring something promising in a space they dominate. Thoughts? [link] [comments]  |
| How to CALCULATE and UNDERSTAND the Annualized Rate of Return of your portfolio Posted: 21 Sep 2020 10:53 AM PDT I want to share with everyone how to calculate and understand the rate of return on your portfolio Please refer to the following google sheets that we will use as an example https://docs.google.com/spreadsheets/d/1kI7w5NXfA7bxfbgThGyly45qWEo7gqons_4DkTcM0-8/edit?usp=sharing How to calculate your portfolio's rate of return: The sheet includes an example of a VTSAX index fund with the following information:
The deposits must be entered as a negative and the ending value of the portfolio as a positive. Deposits should only include the amount of money you put in out of your pocket. It should not include dividends reinvested. The ending value will include the total value of your portfolio which includes any dividends reinvested so it would be captured in the rate of return. Next, refer to cell D1 where we calculate the rate of return. For that we use the XIRR function. The XIRR helps yous you measure the rate of return when multiple investments at different points in time are made. If you want to read more about the XIRR to better understand what it's doing please refer to the following article. If you're already familiar with Internal Rate of Return (IRR) the XIRR is the same concept but allows sporadic dates. As you can see, based on the dates of deposits, the deposit amounts and ending value, the annualized rate of return for this portfolio is 7.5%. But how do you interpret this result? How to interpret the rate of return: The following explanation is how I personally like to interpret the rate of return.
So how to think about this? Let's look at row 3 as an example. Imagine that on 1/23/2019 you deposited $3100 in a special bank and that bank credited you a total interest of 10.28% after 495 days. The value of your money as of 6/1/2020 is 3,419. Similarity, imagine you deposited $821 on 2/18/2020 (row 17) and in 104 days the bank credited you a total interest of 2.08% so you ended up with 838. Think of each row as a separate deposit in a special bank that credited you the interest you see in column F for depositing the money the number of days seen on column E. The sum of the amounts in column G adds up to the total value of your portfolio as of 6/1/2020. So basically, if you had deposited each of those amounts at those dates in a special bank, you would have earned the total return you see in column F as of 6/1/2020. On an annualized basis, each of those returns are 7.5%. [link] [comments]  |
| Posted: 21 Sep 2020 01:51 PM PDT Okay so I missed half of it, What in the world caused that massive freak out from Carson Block of Muddy Waters Research. I only caught a side of what he said but he seemed to defend Trevor Milton but I may have heard that part wrong as I was just coming into the room. [link] [comments]  |
| Posted: 21 Sep 2020 09:42 AM PDT Opendoor announced that is going public through a SPAC set up by Chamath Palihapitiya. It seems that Opendoor is just at the beginning and has a huge potential ahead. Opendoor is playing in a 1.3T market and has generated only around 4.6B of revenue last year. Its growth is very healthy at a 58% CAGR Opendoor uses Machine Learning to predict home prices and has been done a fantastic job doing it. It serviced around 80k homeowners. I've made this more thorough analysis if you want to check it out [link] [comments]  |
| Posted: 21 Sep 2020 04:16 PM PDT SEC Edgar annoyingly only use RSS feeds than email notifications for when a new filings is filed. I usually use IFTTT to manage this but they've now started a premium approach to charge for more than 3 applets. Can anyone recommend a service which has all Edgar/filing data and can send an email once a new filing is live? Many thanks [link] [comments]  |
| Posted: 22 Sep 2020 03:51 AM PDT Seeing the turmoil in the U.S. stock market, I chose to withdraw from the U.S. At least I will come back after the next round of economic stimulus, but this is not the point. Later, I chose my local stock, the Hong Kong stock market. I discovered after exploring the market. A stock of 3680, he gave me a good return. The company was listed on the Hong Kong Main Board in December 2019 and is known as the first financial AI stock in Hong Kong stocks and a leading provider of China's financial big data and artificial intelligence solutions. Focus on the development and delivery of complex big data and artificial intelligence solutions, tool platforms and professional financial consulting services for major Chinese banks, insurance, securities and other financial institutions and leading global corporate clients. Cooperative customers cover more than 60% of China's state-owned banks and large joint-stock commercial banks. Compared with the first half of 2019, the group's overall revenue has increased by about 48%. The interim results report was released on August 25, and the profit margin increased significantly. [link] [comments]  |
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 21 Sep 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]  |
| Posted: 21 Sep 2020 11:15 AM PDT So the mortgage rates are the lowest in history. I am refinancing several investment properties with max cash out. But this is what I can't decide on. Whether to cash out on a primary residence? I have 3 years left on my primary residence mortgage and the rate on that loan is not bad. I can get 2.5% no points or 2% 2 points 10 or 15 year loan, add another 0.1-0.2% for cash out option up to 70% of value. So would you cash out and put the money on the market or just pay it off in 3 years and be done with it (considering that the interest is not tax deductible for me). Thanks [link] [comments]  |
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