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    Saturday, September 5, 2020

    Stock Market - Most Anticipated Earnings Releases for the week beginning September 7th, 2020

    Stock Market - Most Anticipated Earnings Releases for the week beginning September 7th, 2020


    Most Anticipated Earnings Releases for the week beginning September 7th, 2020

    Posted: 05 Sep 2020 04:51 AM PDT

    5 Rules to Prudent Investing

    Posted: 05 Sep 2020 06:16 PM PDT

    This is a list of guidelines that I fabricated over years of investing. May they serve as a useful tool to any neophyte investors.

    • Invest in companies with sound fundamentals in growing industries (avoid speculative stocks)
    • Only risk money you are willing to lose
    • Behave to the contrary of what the mass public is doing (sell when others are buying and vice versa)
    • Transfix your gaze on the long-term and ignore short-term noise
    • Resist your natural inclination to panic sell and panic buy

    These fundamentals helped mitigate astronomical lose during this past week of paragon carnage.

    -Taboo

    submitted by /u/FabledTaboo
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    My Dad needs help

    Posted: 05 Sep 2020 07:54 PM PDT

    My father purchased shares in a company called Semiconductor laser international corporation (SLIC) roughly 20 years ago. Company was founded in 1996. He purchased with TD bank in Canada

    He has lost his statements a long time ago and is unsure how to track down the company and see if they are still active on the market, whether they have gone bankrupt or merged with some other company..

    Is there any way to track this down? Who should he speak to?

    submitted by /u/kietasss
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    WMC has launched the pledge mining function, with full confidence in the online mining function

    Posted: 05 Sep 2020 08:00 PM PDT

    According to the ZG exchange announcement, WMC launched the pledge mining function in early September, which aims to increase the social consensus value and the borderless promotion of the medical information sharing system, and also allows users to understand the latest developments of the project in real time.

    It is reported that the mining revenue of WMC on the main network will be allocated different mining efficiency and hard disk occupancy rate according to the amount of pledge deposit. And the maximum mining efficiency can reach 1% per day.

    For more details, please check WMC official website: https://www.wmc-group.io/

    submitted by /u/OotenXc
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    McDonalds?

    Posted: 05 Sep 2020 06:58 PM PDT

    I bought McDonald's because they're dropping the Travis Scott collaboration burger (and possibly other things). Do you think this was smart or do you think it won't have too big of an impact

    submitted by /u/Cheeks6969
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    Should I move my money from Robinhood to TDAmerictrade, or keep putting money into my Robinhood account.

    Posted: 05 Sep 2020 05:03 PM PDT

    When I turned 18 a few months ago I opened a Robinhood account and deposited a few hundred dollars just for fun to play around with. I want to get more serious about trading and am going to deposit enough money to start selling covered puts, as well as make some mid to long term investments. However, I know Robinhood is not the best broker, and I am somewhat worried about putting this money in Robinhood due to its lack of customer support as well as its other issues. I like Robinhoods simplistic layout, but I know it is quite lackluster in terms of research tools. I've heard that TDAmeritrade is a good broker and I like the Think or Swim app, although it is a lot of information to try and digest and can be overwhelming at times.

    TLDR: do you think I would be better off moving my money to a TDAmeritrade account, having both a Robinhood account and a TDAmeritrade account, or just sticking with Robinhood?

    submitted by /u/GamingX10
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    Starting to get into stocks

    Posted: 05 Sep 2020 12:50 PM PDT

    So as the title says I've been getting interested in stocks. I've been reading up a lot of information but I keep running into the fact that I can't find a good method of actually investing, yes there's passive and active etc etc, but what do you use to do that? Like do you use one of the apps? Is there a particular website? Maybe it's a dumb question but I just haven't found the answer yet. if anyone could help me find maybe a list or something of places to use to do the actual investing I would be really appreciative. thanks and take care!

    submitted by /u/TheLlamaQuartet
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    [FOREX] Now that the RUB is high, should I invest them in the EUR/RUB?

    Posted: 05 Sep 2020 12:33 PM PDT

    Hey guys.

    I am new to trading, and one thing that fascinates me the most is how Currencies fluctuate easily depending on the current situation of each country, diplomacy between each country, etc.

    Right now, Byelorrusia is the most spoken country in the news, and with Russia supporting the elected Lukashenko, the Russian Ruble went up as the Western Countries are against Lukashenko. What was normally 70-80 Rubles, now is at 89 Rubles.

    But, with the ease of tensions and with the possible Success of the Russian Vaccine against the Coronavirus, the Russian Ruble will certainly gain value.

    With this information, is it worthy to invest in the EUR/RUB Forex? What is your opinion?

    EDIT: The Title should be: Now that the RUB is high, should I invest in the EUR/RUB?

    Don't know why I put the them in there :P

    submitted by /u/KimbaPlays
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    Question on Schwab "limited margin IRA"

    Posted: 05 Sep 2020 06:50 AM PDT

    I'm not asking about full margin.

    I'm asking about "limited margin" which is a feature you can have enabled on certain IRAs so you can avoid the T+2 settled funds delay.

    Only marginable securities can be purchased on limited margin.

    For limited margin is there a distinction between stocks that are fully marginable (30%) and say leveraged ETFs (SPXS, SPXL, DPST etc) that are marginable at 75%?

    In Street Smart Edge if I try to purchase something I know is non marginable (100%) such as a VIX etf I'll see a caution at the bottom of the long list of warnings on the order confirmation screen that it is non marginable but I see no such warning for SPXS, SPXL, DPST etc.

    I've got inconsistent answers to above from Schwab brokers at their 1-800# (brokers who were conferenced in, not first line support). They said to call options department to verify on Tuesday which I'll do but was curious in advance.

    Thanks

    submitted by /u/dorkshoei
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    Maybe a Civil War

    Posted: 05 Sep 2020 08:25 PM PDT

    Is anyone else holding a couple grand to buy the market the day after the contested election? Call me crazy but if Trump refuses to leave I think the market will go on sale. Please don't make this political!!!!

    submitted by /u/FreckledBrownGir
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    Thought experiment: how would a cat 4+ hurricane making landfall on the US northeast coast at the end of September affect your trading plans?

    Posted: 05 Sep 2020 04:25 PM PDT

    Obviously we're too far out to predict that, but let's just say it were to happen. What would your decision making process be like, and at what point would you pull the trigger? If you don't want to answer that question, how do you think it would affect the market as a whole?

    For reference, the only category 4 hurricane besides Laura that has made landfall in the US in my lifetime is Harvey, which is tied with Katrina as the costliest on record. (Actually there was hurricane Charley in 2004 but I don't remember that one even being talked about, personally)

    Let's assume it's on the financial loss order of Harvey or Katrina (probably more honestly, because east coast cities and all), and predicted to make landfall/affect anywhere from NC to Boston. Walk me through your thought process.

    submitted by /u/glasraen
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    How Do You Invest?

    Posted: 05 Sep 2020 08:21 AM PDT

    1) What particular stock, bind, ETF's etc did you invest in and why?

    2) Do you invest solely in stocks, bonds, ETF's etc that pay dividends or interest?

    3) What brokerage firms do you use?

    4) What type of account do you have is it individual, retirement(Roth Ira etc) or a business account such as an LLC account and why?

    5) How do you research each investment?

    6) How do you work out the right price to invest at? Do you look at the P/E Ratio etc? When you find a good ideal price do you set a limit order to automatically buy at that price if so how much capital do you allocate and how long do you set the order for?

    7) Do you use a DRIP?

    8) How do you calculate and pay taxes?

    submitted by /u/a1bells
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    Amusement parks!

    Posted: 05 Sep 2020 11:01 AM PDT

    Bear with me as I'm only fairly new to investing and looking for another point of view. Amusement parks have been down for obvious reasons. They are slowly starting to reopen and Once a covid vaccine is released ppl will be flocking back to them. This industry also hasn't taken on a whole load of debt as it's fairly low maintenance. I've been looking into cedar fair and six flags. I'm leaning more to cedar fair as they have parks in Canada which will open up allot faster than similar ones in the states. I realize that I've missed the large drop already but I figure better late then never. Any thoughts???

    submitted by /u/DetectiveMobile
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    Biggest Investments in Gold

    Posted: 05 Sep 2020 04:27 AM PDT

    Hi everyone, I've been given a project as part of which I am required to identify the wealthiest families in the World (Waltons, Rothschild, Berkshire, etc) who have invested the most in gold (physical gold, funds or mining company stocks) in the last six months. I have been googling for days and haven't found anything. Do u have any idea about this, or about from where can I access this information or make necessary calculations? Any help is highly appreciated, I am utterly clueless rn.

    I am under a tight deadline and all of this is just making me so anxious. I'd be VERY grateful to anyone who can help me with this.

    submitted by /u/Globally20
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    Question about Hargreaves Lansdowne investment app

    Posted: 05 Sep 2020 04:12 AM PDT

    Does anyone know how to change the currency when seeing the value of a stock on the Hargreaves app? Eg Tesla is currently in dollars at $417 and I want to see it in British sterling

    submitted by /u/Kidbox
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    Buying and Selling Stocks and Taxes

    Posted: 05 Sep 2020 07:14 AM PDT

    If I buy shares at multiple different prices how do I calculate and pay the capital gains tax when I decide to sell shares.

    For example let's say I buy 10 shares of publicly traded Company A. Let's say I buy 3 shares at $15 with a subtotal of $45, another 3 shares at $18 with a subtotal of $54 and 4 shares at $22 with a subtotal of $88. This means the total I spent buying shares is $187.

    If I sell all 10 shares at once at the same time at $25 a share then I receive $250 but my total cost buying shares is $187 so my capital gains and profit would be $63 also assuming no other costs such as commissions etc so I would pay the capital gains tax which I believe is 21% if stock is held longer than a year.

    However, if I decide to sell 5 shares at $25 and receive $125 how would I calculate the capital gains and pay the capital gains tax.

    Also I've heard that the long term capital gains rate is 21%. Does that occur only if I owned a stock for longer than a year regardless of how many shares. For example, let's say I buy 10 shares of Company A in 2020 then another 20 shares in 2021 and decide to sell all 30 shares 2 months after buying another 20 shares. Would I be entitled to the long term capital gains rate of 21% even though I've only held the 20 shares for 2 months which is less than a year but I've held the 10 shares for longer than a year?

    TLDR: If I buy shares at different prices how would I calculate the capital gains and pay the capital gains tax. Would I base the capital gains in the average share price I purchased shares at by dividing the total share cost by the number of shares?

    submitted by /u/a1bells
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