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

    October 05, 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: 04 Oct 2020 05:12 AM PDT

    If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following:

    • How old are you?
    • Are you employed/making income? How much?
    • What are your objectives with this money? (buy a house? Retirement savings?)
    • What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
    • What are you current holdings? (Do you already have exposure to specific funds and sectors?)
    • Any other assets? House paid off? Cars? Expensive significant other?
    • What is your time horizon? Do you need this money next month? Next 20yrs?
    • Any big debts?
    • Any other relevant financial information will be useful to give you a proper answer.

    Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq

    Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

    submitted by /u/AutoModerator
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    UPS DD inside...

    Posted: 04 Oct 2020 12:40 PM PDT

    "Better, not bigger" Carole Tome new CEO has stated "better, not bigger" as the new motto for UPS. Profitability is the name of the game for UPS as it's shipping volume is already exorbitant.

    Starting August 30, price increase of 30%

    for shipping out of mainland China and Hong Kong.

    Starting aug 30, US worldwide expedited surcharges will be more than double what they were in April.

    Surcharges from Tawain, Vietnam, Malaysia, Thailand, Singapore, and others to the US are up 30% beginning Aug 30.

    Why that's important?

    UPS operating profit grew 7.4% year over year largely due to international travel.

    Volume Increase of 46% out of Asia. Meanwhile, last quarter domestic profitability decreased...

    What about domestic profitability?

    Domestic profitability will increase over the following quarter. Surcharges are coming! $1 for ground and $2 for air at least. Reports for up to $4-$5 surcharges for peak shipping starting November going into January. These increases bode well for a shift to increase domestic profitability and align well with an important season.

    Holiday season and E-commerce

    Deloitte reports an increase of 25-35% increase in e-commerce over the holiday season. I think that's quite modest.

    A recent online survey by Redpoint Global found 62% or respondents planned to do ALL their holiday shopping online. Factor this is with the UPS surcharges and big profits are imminent.

    UPS and EBay

    A little under the radar, EBay and UPS announced a deal to provide discounted shipping opportunities when using UPS. eBay is trying to shift away from USPS curing many delays and elected to aim that focus on UPS.

    Anything else?

    The vaccine. When it'll be ready, who knows? When it is, UPS is the only major transporter that has certified storage capabilities to transport vaccines at the necessary temperature. It's partnership within Operation Warp Speed is bullish. Did you see what that money did to all vaccine stocks?

    UPS is in a unique position as it benefitted from COVID's initial chaos, has continued to benefit throughout due to the e-commerce shift and strong Asian demand, and will continue to benefit from the holiday season and vaccine distribution. If you need more proof look at various retail players who benefitted off the e-commerce and Asian demand shift such as Nike. Nike showed decline nationally but gained in the Chinese market. Most importantly, Nike showed an 82% increase in Online sales.

    Don't believe me? Trust the analyst.

    Keybanc recently raised to Buy with a price target of $190. Credit Suissie raised target to $192.

    ​

    ​

    TLDR: UPS is increasing profitability.

    Surcharges everywhere. EBay partnership. Plus, even more surcharges for holidays. Did we mention vaccine shipment? How about e-commerce boom? Price analysts agree.

    submitted by /u/dbzMiler
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    $NFLX - RBC provides an inside look at Netflix's corporate culture

    Posted: 04 Oct 2020 12:42 PM PDT

    "We hosted a call on Friday, October 2nd with Erin Meyer, author of No Rules Rules – Netflix and the Culture of Reinvention, a recent book Erin co-authored with CEO Reed Hastings. We delved into the philosophy behind Netflix's Culture Deck, drawing on Erin's inside look with interviews from over 200 current and past employees globally at Netflix, and sought to answer what made Netflix's culture so radically unique, how sustainable it is as Netflix expands its reach globally, and whether the magic can continue without its current leadership. A replay is available upon request. Please contact your RBC sales representative for details. Key takeaways:"

    "What is the Netflix Culture?: Netflix published its famous Culture Deck back in 2009. Among its key concepts were the Keeper Test (keep those you would fight to keep, adequate performance gets a generous severance package), and Freedom & Responsibility ("F&R", which Reed sometimes referred to as "operating on the edge of chaos," offering employees the ability to operate with maximum flexibility and very few rules. What makes such radical concepts work? Erin noted the foundational premise of the Netflix culture is that Freedom Breeds Innovation, Process Kills Flexibility. And to get to this level of freedom requires first achieving talent density by hiring the very best talent with pay at the top of the market. It also requires employees to give each other (including Reed) feedback frequently and candidly. Coupling that with the Keeper Test ensures those who don't make the cut get a generous severance, while the "stunning colleagues" are retained with a continuously adjusted top of the market pay. Erin pointed out that while many corporate cultures tend to be filled with generalized positive terms, Netflix seeks to identify the key dilemmas (e.g. job security vs. talent density) and set guidelines on how employees should make decisions."

    "Will Netflix Work Without Reed? Erin believes the corporate culture makes the success of the company, and the exceptional quality of Reed is that he not only preaches the ethos, but actively lives it by incorporating culture discussions in every leadership meeting, frequently soliciting feedback and more importantly celebrating feedback received from employees up and down the company. Erin saw the same candor and transparency with new co-CEO Ted Sarandos and across the organization. But is Reed the tent pole that Netflix couldn't run without? While Erin acknowledged F&R couldn't be implemented without a leadership's full support and commitment, she also saw the same principle fully embodied in Sarandos's leadership as well as that of many other executives. Would the Netflix Culture disintegrate if Reed hops on a sailboat tomorrow? No, though Erin believes sustaining this secret sauce of Netflix's success requires the next CEO to be fully committed to the same principles that made Netflix what it is today. As for the newly announced co-CEO structure, Erin believes it should be business-as-usual for Netflix save for a title change given the company's unique F&R principles."

    "How does the Culture Translate Overseas? We believe in the next decade, Netflix' game plan in international markets will be the key driver of its 500x30 (our estimate of 500MM subs by 2030). Erin was a skeptic when Reed asked if F&R and the culture of candor can be applied to Netflix's global offices as the company prepared its big 130-country expansion in 2016. Some regions like the Netherlands work particularly well with this culture – which Reed believed was foundational to its Freedom principle, while other regions like Japan, Singapore, and Brazil initially struggled. To crack the culture code, Netflix introduced a focus on relationship building that provided the context for amicable candor, as well as more formal feedback sessions that seem to have done the trick for its Japan office, though Erin believes this will be an ongoing learning experience as Netflix continues to expand its global footprint."

    "On the Edge of Chaos: Erin believes the emphasis on candor and feedback is in fact not unique to Netflix, and is becoming a wave embraced by a growing number of corporates beyond Silicon Valley. The notion of talent density is also not unique. But where Erin thinks Netflix truly differentiates is in radically minimizing policies and processes – no vacation & expenses policy, no decision-making approvals, and no management by objectives like KPIs. Perhaps part of what drove Netflix's impressive cadence of putting out hit content across genres (from The Crown to Tiger King) lies in the magic of what Reed calls "operating on the edge of chaos" or as Netflix's Head of HR Jessica Neal puts it – "Don't control your stunning employees, let them run free."

    submitted by /u/street-guru
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    Caterpillar to acquire Weir Oil & Gas for $405M

    Posted: 05 Oct 2020 01:54 AM PDT

    Caterpillar (NYSE:CAT) inks agreement to acquire the Oil & Gas Division of the Weir Group PLC, a Scotland-based global engineering business. Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products.

    The purchase price of $405M is to be paid in cash at closing. The transaction includes more than 40 Weir Oil & Gas manufacturing and services locations and approx. 2,000 employees.

    Caterpillar is taking advantage of its strong balance sheet to complete this acquisition that supports the enterprise strategy.

    submitted by /u/No-Bad4804
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    Any tool to check combined holdings of several ETFs?

    Posted: 04 Oct 2020 10:55 AM PDT

    I am researching several ETFs to buy and there are several overlaps holdings. So I would like to see what would be my positions if for example I have 100 of etf A and 200 of etf B. I can do it manually in excel but I imagine such a tool would already be available somewhere?

    submitted by /u/concuncon
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    Need help with Constructive Sale rule

    Posted: 05 Oct 2020 01:07 AM PDT

    The question is about "Constructive Sale" rule for options.

    A explanation of Constructive Sale is here https://www.investopedia.com/terms/c/constructivesalerule.asp and here https://www.law.cornell.edu/uscode/text/26/1259

    Assume I have trades below:

    1. On 1/12020, I buy a call contract on Amazon. Long: 1 call expiry Jun 2022 and strike $4000.

    2. On 9/10/2020, I see that I have $1000 unrealized gain on the long call, and I want to secure the gain. So I sell another call on Amazon. Short: 1 call expiry Jun 2022 and strike $4050.

    3. So now I have 2 trades open

    4. Long: 1 call expiry Jun 2022 and strike $4000.

    5. Short: 1 call expiry Jun 2022 and strike $4050.

    When step 2 happens, does the Constructive Rule apply here?

    submitted by /u/shuxideweidao
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    Morningstar Tools

    Posted: 04 Oct 2020 12:57 PM PDT

    I recently gained access to Morningstar premium through my local library. There's quite a bit there in terms of analysis, screens, ratings, etc. my question is if you use Morningstar are there any tools that standout as most useful? I'm currently using a long-short strategy in my portfolio. Been doing well identifying stocks for the long side but the short side has proven more challenging. My goal is to use Morningstar as a tool to identify more potential underperforming stocks.

    submitted by /u/Yankee_F_Doodle
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    Dividend re-investment for poor people

    Posted: 04 Oct 2020 10:01 PM PDT

    So I started investing recently but I dont exactly have thousands of dollars to swing around in the market or the time and experience to find the best investments at the right moment. That being said dividend reinvestment seemed like the safest and best way for me to grow my portfolio as it doesnt take a lot of time. Now though I've decided to go wide with what I want before I start aquiring more shares of each stock but this is leaving me with 1 or 2 shares of each only or a dividend that would reinvest for .0001 shares. My question is is it worth reinvesting at this small level or should I pool and deploy the dividend until I have a more solid dividend to reinvest?

    submitted by /u/Nightwulfe_22
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    Global Clean Energy Funds

    Posted: 05 Oct 2020 01:15 AM PDT

    Hi all,

    Interested to test a high level theory:

    Oil is in the toilet, and demand probably won't recover fully. Simultaneously, to survive on this planet, humans have to develop alternative power sources. Putting into a specific stock is obviously highly speculative, but energy companies will rotate through these funds as they rise and fall.

    Why is investing a shed load in clean energy funds now not a good idea?

    submitted by /u/row2gobro
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    Interesting video on an Airport stock analysis

    Posted: 05 Oct 2020 04:41 AM PDT

    Airport stocks are, like any other stock in the travel industry, beaten down hard by the corona crisis. These stocks are, however, better better suited as a possible rebound plays (compared to e.g. airlines) due to their economic moats and governments backings making them more suitable to survive the current hostile environments.

    The analysis in the video compares several airports on economic indicators to define which is the best option for investments.

    See the analysis below:

    https://youtu.be/MQOxKjCyBKE

    submitted by /u/WarrenBuffalo
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    10/4/2020: Weekly Wrap-up and What to Expect of The Stock Market

    Posted: 04 Oct 2020 08:23 AM PDT

    The S&P 500 increased by 0.4% last week, stunted by the news that Trump contracted COVID. The volatility we're seeing is typical of election seasons, but there are some major drivers and barriers for the stock market that make near term direction unclear. Some of these include a potential stimulus package vs. the president contracting COVID. There's a lot going on, but we'll break it down for you. Here are the details:

    1. 📉 Daily COVID cases and hospitalizations are increasing while COVID deaths remain on the decline. The U.S. is seeing COVID cases on the rise as the daily number of testing increases. Current hospitalizations have more or less reached previous low levels, but seem to be increasing, which is reflective of the growing number of positive COVID cases. Luckily, the number of deaths are on the decline, but we expect this trajectory to reverse in a couple of weeks once some of the cases convert to hospitalizations and ultimately, deaths.
    2. 📈 The number of reopened / reopening states increased by two, driven by Massachusetts and Tennessee. With case count much lower than the national all-time high, we've seen a greater number of states reopen. At this point, 36 of 50 (72%) states are in the reopening process or have already reopened. However, as cases begin to increase in states that have reopened or are reopening, we may see some states pause or reverse their reopening process. An important consideration is whether the country can take another round of lock-down. Given our stagnating economic recovery, states may decide to keep restaurants and stores open despite increasing case counts.
    3. 📈 Unemployment claims decreased by 36K since last week to 837K claims and the unemployment rate decreased to 7.9% in September. The market reacted positively to the unemployment and jobless claims news. The U.S. added 661K new jobs in September, dropping the unemployment rate to 7.9%. Interestingly, we are nearing the European Union's unemployment rate of 7.4% in August. We hope to see unemployment claims decline in the upcoming months, but it may be a slow and long process unless there is a significant stimulus package promoting employment or a vaccine that is released. We expect more news around these two catalysts late in the year.
    4. 📈 The House passes a $2.2T stimulus package, which includes a $600 weekly unemployment bonus, direct payments, small business loan funding, and aid to airlines. Last Thursday night, the House passed a $2.2T stimulus bill that will definitely reinvigorate the economy and the stock market. However, we've seen this movie play out previously when the Senate Republicans rejected the last $3.0T bill. One big difference here is that Trump tweeted yesterday for the stimulus to get passed. We'll hold out hope and see how the Senate Republicans respond.
    5. 📉 Trump was hospitalized after being tested positive for COVID and his vitals may be concerning, bringing uncertainty to the stock market. One thing the stock market does not like is uncertainty. Trump testing positive for COVID and potentially having dangerous vitals (e.g., quickly decreasing oxygen rates), brings a lot of uncertainty towards the election, his potential health outcome, and how the country will run in the worst case scenario. Furthermore, there has been conflicting information about Trump's health, which the market will react to. Overall, the uncertainty will most likely place a damper on the market's performance.

    We believe there could be a near-term volatility in the broader market. Again, we anticipate biotech to remain strong. The near-term volatility will be based on the uncertainty of Trump's health and the potential for another stimulus bill. Furthermore, with cases going up in the U.S., investors are worried for a second lock-down, which we believe is unlikely. We will rely on our market hedges to help offset near-term volatility and invest in more stable securities, such as pre-business combo announcement SPAC units, shares, and warrants. As always, please don't hesitate to reach out with questions!

    submitted by /u/wxcapital
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    Pharmaceutical Plays: President Donald Trump is now being treated with dexamethasone, a type of steroid that is often used to treat severely ill COVID-19 patients...

    Posted: 05 Oct 2020 02:32 AM PDT

    As part of his care regimen so far, Trump has been treated with Regeneron Pharmaceuticals Inc.' REGN, -0.58% still-investigational antibody treatment, Gilead Sciences Inc.'s GILD, -1.81% remdesivir, supplemental oxygen at least once, and now dexamethasone, in that order, according to Dr. Sean Conley, Trump's physician.

    On June 16th, 2020, the U.K Government announced that Dexamethosone, an anti-inflammatory drug, was approved for use across the nation's National Health Service to treat all UK hospitalized Covid 19 patients requiring oxygen, including those on ventilators. The drug has been proven to reduce the risk of death significantly in COVID-19 patients on ventilation by as much as 35% and patients on oxygen by 20%, reducing the total 28-day mortality rate by 17%.

    Hedge funds, whether they employ a discretionary approach or a systematic one, could have made a fortune in the following two days. San Francisco-based machine learning technology firm Vectorspace AI has built an algorithm which constructed an equally-weighted basket of five securities containing Novavax, Inc. (NVAX), Perrigo Company plc (PRGO), Bristol-Myers Squibb Company (BMY), Karyopharm Therapeutics Inc. (KPTI) and Momenta Pharmaceuticals, Inc. (MNTA) which in two days returned +21.23% on the back of the Dexamethasone announcement; the only one of the five stocks to lose money was MNTA, which fell -1.69% in the two days following the news. NVAX returned +15.81% for the best performer award.

    https://www.marketwatch.com/story/trumps-coronavirus-diagnosis-underscores-lack-of-treatment-options-for-people-with-mild-forms-of-covid-19-2020-10-02

    submitted by /u/Professional-Price55
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    Investing in options and choice of broker

    Posted: 05 Oct 2020 02:14 AM PDT

    Hello, i have been trading for a couple of months on eToro and it has gone fairly well, and i would like to try trading options because i want to make more money.

    Where can one learn options properly? Any youtuber to recommend for example? And what are your thoughts on groups like Diamond Handz (they give information on options for 50$/month and apparently people are getting rich)

    What platform is good for options? Im from Norway and Nordnet is not a choice of mine because there are only norwegian options there. Have considered Plus500 but not sure.

    Regards, teen investor that doesnt know what hes doing

    submitted by /u/DNordahl
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    Easy to digest reading material

    Posted: 04 Oct 2020 08:14 AM PDT

    Hello, I have been trying to get a little more involved in investing lately and I feel like the reading material I'm selecting are not books I'm able to digest. For example presently I'm trying to read "How to read a financial report" by Tracy and I cannot comprehend what I am reading. I want to learn what makes a company tick and I have basically zero knowledge on that subject. As it stands presently I'm approaching investing the Boglehead way, as I have read "A common sense guide to investing" by Bogle and the "boglehead guide to investing."

    I guess what I'm trying to say is that I want to expand my knowledge on investing but I need something that is aimed at a total novice who knows virtually nothing beyond set it and forget it.

    submitted by /u/HairGelSwag
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    What's your story of changing gears to a different asset class?

    Posted: 04 Oct 2020 12:39 PM PDT

    I've mostly dumped every extra penny I have into stock index funds since I started working professionally. Lately I've been thinking about buying my first house. For that move I'd probably cut my index fund allocation by a certain percent to go towards the house for the foreseeable future. Granted this is a primary residence, I was wondering if anyone has a story of staying on an investment strategy for an extended period then made a major change to a different allocation. Maybe from stocks to rental properties? How did that work out?

    submitted by /u/nakfoor
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    Investment Club - recs for brokers and accounting software

    Posted: 04 Oct 2020 11:30 AM PDT

    I'm looking to start an investment club with a few friends. It's all fun money, so we will register as a general business partnership. I'm looking for any suggestions and/or experience with different brokerages. Ideally it would be nice to have something that tracks ownership percentages, adjusts capital balances and reports pass through income for taxes.

    Apologies if this is naive. I'm familiar with the mechanics of an investment club, but google is pretty dominated by advertising and click bate. Hence I'm here!

    submitted by /u/chancellor-sutler
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    My investing strategy

    Posted: 05 Oct 2020 02:21 AM PDT

    Hi guys I'm sort of new to investing about half a year od experience. I am a resident of Poland do investing in USA companies is a bit harder. I currently have some ETF-s for retirement non taxable account (looking to add also FB and Google). On my taxable account i have some dividend paing companies AMT, Microsoft, Apple, AT&T, JP Morgan, Nike, Pepsi and STORE and Disney. I'm using Tradeing 212 its similar to m1 or robinhood and preety much one of not many options to invest fee free in europe. I'm currently on the proces of createing my own little "ETF" on the platform that i will add weekly since i have some saveings still waiting to be invested.I'm still undecided on Intel, Broadcom, Brookfield Renewables, Bank of America, Next Era Energy, Duke, Southern, Welltower, Toronto Dominion and Caterpillar.

    I really like those that i mentioned that i'm decided on. They are in different sectors and outperform the market consistantly. They will all be weighted accordingly to my strategy about 20% tech 20% real estate 15% consumer 10% Finance 10% healthcare 5% telecom, 10% utilities and 10% Industrials.

    I also plan on buying some Polish dividend stocks since its my original currency :D

    Any criticism or tips are really welcome!

    submitted by /u/UrMomBiggoGayyyy
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    Investing in eToro

    Posted: 04 Oct 2020 10:18 PM PDT

    Hi everyone, so I got mixed feelings while researching about eToro and if it is a good trading website (broker).

    What I want to say before anything is that I have zero experience in trading and I want to start on trading in Stocks (mostly Nasdaq) and Cryptocurrency

    People are saying that the profit gained on eToro could be much higher if I go to other brokers, but what I think is convenient about eToro is that it holds everything in one place (crypto,stocks,commodities, etc..) and its easier to navigate and understand for me atleast.

    Please help a new investor out and tell me what you think.

    submitted by /u/Abdla32
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    How to choose ETF?

    Posted: 04 Oct 2020 05:59 PM PDT

    Hello.

    Since I am 18 as of today, I decided to start investing(monthly). Im from Croatia and the best brokerage app here right now is trading212. I checked offering ETFs on t212 and I found only VUSA/VUSD, but the dividend yield is pretty low sitting at 1.51%. I wonder is it good and are there any better ETFs for long term dividend investing? Also do I have to invest into more ETFs or is just for e.g. only VOO enough to put all my money into?

    Thanks a lot.

    submitted by /u/razvoni
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    New investor question about earning reports and overall resources you guys use.

    Posted: 04 Oct 2020 08:25 PM PDT

    I hear all about this "X company reports Y earnings" but it's always too late. How do the news articles get this information? I think many of us wouldn't want to be delayed with this information by a day or 2. Where do you guys get your information about this?

    Where do companies report earnings so I can immediately buy stocks before it rises in price?

    submitted by /u/teegrizzz
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    ISDA recovery rates

    Posted: 04 Oct 2020 07:57 PM PDT

    Anyone knows if there is an updated version for fee computations? Currently there is an existing version https://www.cdsmodel.com/cdsmodel/fee-computations.html? where recovery rates are assumed, but its dated back in 2009, wondering if there are any updates, or a method in which they came out with the rates.

    submitted by /u/Joesr-31
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    Discussion: Is the venerable John Bogle’s bond allocation philosophy misguided for retirement investing?

    Posted: 04 Oct 2020 07:11 PM PDT

    John Bogle generally recommended that one's portfolio contain a bond allocation equal to their age. However:

    It is well known that portfolios with 100% equity allocation generally outperform portfolios with any level of bond allocation. For those investing for retirement, wouldn't it make sense to keep a 100% equity allocation for the majority of the time horizon to take advantage of the extra growth? As long as you are still more than ten years out, you have plenty of time to start switching to a higher bond allocation.

    For example, an investor that doesn't plan on retiring until 65 could easily keep a 100% equity allocation until age 50, and then slowly allocate to a typical bond allocation for someone at or near retirement over the next 10-15 years. This should theoretically give them a significantly higher rate of return over the years, but still stabilize the portfolio from volatility with plenty of time to spare before retirement.

    Discussion: is Bogle's philosophy more valid? What makes the reasoning above incorrect? Does an investor with a decent emergency fund really need a stable portfolio with 45% bonds at age 45?

    submitted by /u/thats_your_name_dude
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    How does the trading system of hedge fund share work?

    Posted: 04 Oct 2020 05:19 PM PDT

    How do hedge fund shares trade? Is it like stocks - on the open market where anyone can just purchase a share? Or do you have to purchase it directly from the hedge fund?

    Also, what's the difference between purchasing a hedge share (ie Icahn hedge fund) and stocks which are based on the hedge fund that are traded pubically (ie on the NYSE) such as:

    Icahn Enterprises LP Common Stock

    submitted by /u/depressed333
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    Opinion on Overstock, Wayfair and Amazon Stocks?

    Posted: 04 Oct 2020 05:27 AM PDT

    Am I wrong to assume these stocks are going to continue to go up and up for the foreseeable future, considering many states in the US are experiencing large numbers of COVID-19 cases again and that we are entering the holiday season soon? Or am I being too optimistic?

    submitted by /u/Dynasty__93
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