Daily General Discussion and spitballin thread - November 17, 2021 Investing |
- Daily General Discussion and spitballin thread - November 17, 2021
- Daily Advice Thread - All basic help or advice questions must be posted here. November 17, 2021
- What is the next "cloud computing"?
- Asset manager at Wells Fargo trades daily but underperforms the indexes
- How will the influx of Covid investors affect the next big market downturn?
- Is investing in junior mining stocks worth it?
- Play games in the metaverse and earn $DG token win or lose. Get up to 50% of your expected losses back in $DG
- Why is the Fed not raising rates?
- Should I consolidate index funds that are similar?
- What is the Best Way to Exit a Long Term Trade
- $SIRC (Solar integrated roofing corp) info
- Xu Jiayin sold personal assets and invest over RMB7 billion life-saving funds into Evergrande
- EV Company Polestar (WITH SALES) going public via SPAC - $GGPI
- What is your experience with Bernstein?
- Is a correction even possible under current market conditions?
- VTI or VT vs. Bonds Longterm, Why Even Have Bonds for that long?
- 2U just acquired edX in a massive $ 800M EdTech consolidation. Here's why I'm buying ��
- Thoughts on PILL ETF -- bleeding money and not sure why?
- A word on the lucid bandwagon.
- Please explain "net debit", "net credit", and "even" order types when placing a collar order on Fidelity
- are emerging markets still worth it?
- Using multiple platforms for charts and trades
- I have 1/3 of my portfolio invested in VXUS..
- Given an infinite time period, what is the problem with holding leveraged etfs long term? What is the cause for a leveraged etfs to decline in value?
- Digital/Crypto Investment Options Through Fidelity (Roth IRA)
| Daily General Discussion and spitballin thread - November 17, 2021 Posted: 17 Nov 2021 02:02 AM PST Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! This thread is for:
Keep in mind that this subreddit, and this thread, is not an appropriate venue for questions that should be directed towards your broker's customer support or google. If you would like to ask a question about your personal situation or if you are asking for advice please keep these posts in the daily advice thread as that thread is more well suited for those questions. Any posts that should be comments in this thread will likely be removed. [link] [comments] |
| Daily Advice Thread - All basic help or advice questions must be posted here. November 17, 2021 Posted: 17 Nov 2021 02:01 AM PST If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources. 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] |
| What is the next "cloud computing"? Posted: 17 Nov 2021 11:34 AM PST Investing in cloud computing 5-10 years ago would've made you multiple baggers. I don't literally mean what will replace cloud computing next, but in your opinion, what is the next niche area like this that will explode over the next 5-10 years? Electric vehicles are obviously the hot topic right now but I am just not in on that bandwagon, so I'm curious to hear what y'all think could be next? Not even looking to hear about specific stocks just the industry but feel free to share those as well. [link] [comments] |
| Asset manager at Wells Fargo trades daily but underperforms the indexes Posted: 17 Nov 2021 12:40 PM PST A friend left about $1M over a bit more than a year with an asset manager at Wells Fargo. The activity on the account shows shares bought and sold in various companies and ETFs, almost daily (and several transactions in a day). I forgot the exact performance numbers, but account growth was under 20% compared to 23% in QQQ during the same period. The asset manager claims that the account has much less risk so it's all good etc. Also, he said there is no fee on the trades - they're all fee-free. He claims the performance is already in the ballpark and will only get better. I wonder of course about a number of things about all this, but mainly it's the frequent trades. What advantage does the asset manager get from trading frequently assuming they are fee-free? Thanks. [link] [comments] |
| How will the influx of Covid investors affect the next big market downturn? Posted: 17 Nov 2021 08:41 AM PST It's no secret that the number of retail investors has increased immensely since the start of Covid, when everyone wanted on the money printing train. The question now becomes, how will all of these investors (who have only ever been around during one of the greatest bull markets in history) react to the next major downturn? It could be tomorrow, it could be in 5 years, but I believe there's going to be substantially more panic than usual when it arrives. Could be an excellent opportunity for more seasoned, rational investors. [link] [comments] |
| Is investing in junior mining stocks worth it? Posted: 17 Nov 2021 03:13 AM PST I've been investing since early this year and while I have placed some money on bigger stocks like FCX and BHP, I am planning to invest in some juniors too. I don't plan on placing a lot on them though, since I am aware of the risks that come with investing in it. I am looking into three stocks which includes Fortitude Gold (FTCO). They are a small producer but a good thing about them is that they have no debts. They recently increased their dividend by 14%, and reported positive results in their Golden Mile property. I included Three Valley Copper (TVC) since they're showing great potential too. They announced a financing with a deal brought about by investor demand, financing the company with $16 million dollars. They are expected to start mining early 2022 and will potentially produce 13-16 thousand tonnes of copper cathodes in a few years. I'm still looking into other juniors to add to my bigger mining stocks but some peers have been encouraging me to hold physical metals as well. I'm not really sure about this though. It would help me a lot if you guys share your thoughts. [link] [comments] |
| Posted: 17 Nov 2021 02:10 PM PST Decentral Games, the leading play-to-earn platform and the disruptor to traditional gaming, will use the financial resources to usher in new innovations to expand the rapidly-evolving blockchain metaverse, GameFi vertical, and NFT markets on the Binance Smart Chain (BSC). Binance Smart Chain's funding also enables Decentral Games to accelerate the creation of new games and features for its existing six metaverse venues with new venues and games lined up in the coming weeks. Equally important is that this funding partnership exposes Decentral Games to Binance Smart Chain's millions of users worldwide and its more than 800 dApps, strengthening the long-term permanence of Decentral Games' play-to-earn economy. And with the ICE Poker product, Decentral Games' latest and much anticipated play-to-earn product designed to boost concurrent and daily players, Binance Smart Chain's scalability advantages will ensure users continue to enjoy the experience they've come to expect as GameFi grows in popularity. To read more about Decentral Games, visit: Wesite: https://decentral.games Discord: https://discord.com/invite/cvbSNzY [link] [comments] |
| Why is the Fed not raising rates? Posted: 16 Nov 2021 01:03 PM PST I hear a lot of arguments about the fed simply opening the floodgates to please Wall St and keep the economy rising, but that argument could have been made at any point in history; yet in the past the fed have acted responsibly. Surely this reckless inflatory push has something to do with competition between the US and China/Russia? Whether its the fact China will overtake it quicker now or a potential conflict with either one. Could it be an experiment in whether having the "global currency" can allow a country to buy growth without insane amounts of inflation? Thoughts? [link] [comments] |
| Should I consolidate index funds that are similar? Posted: 17 Nov 2021 12:46 PM PST I am a 30 yr old student and first time parent I am currently investing a set amount each month into a couple of index funds since I'm on a pretty tight budget. I'm invested into FZROX and FNLIX. One is a total market index. The other is a large cap index. The top holding are both the same and I've been putting some money into both. I am wondering if I should consolidate into one instead of investing into both. Seeing as how they both have the same top holdings it seems to me maybe I should sell one and put it into the other. Is that something to consider or is the difference between a large cap and total market big enough to keep investing in both? Or would there be a different index fund or etf to look into. I chose these because they have a very low expense ratio. And I am currently investing for the long term since I don't have any retirement accounts currently. Once I graduate and start my career I plan to open a Roth IRA. Luckily I have almost no debt, and am building my emergency fund. But still trying to out a little bit into the market as well. [link] [comments] |
| What is the Best Way to Exit a Long Term Trade Posted: 17 Nov 2021 01:50 PM PST For example: Say I bought shares of Company X 10 years ago because I thought it was extremely undervalued. Now back to present time I've made pretty decent returns on my stake in Company X but I believe the price is extremely high from a value standpoint and I'm no longer comfortable with the companies financial health. Is it better to pull all of my shares at once and sell them or to sell it in bits and pieces over the course of a few days/weeks/months (depending on how many shares you own.) This is a all assuming that the market price isn't reflecting its "intrinsic value" yet and the stock hasn't started to drop in price significantly. Edit: To clarify I mean selling in small bits as to not completely eliminate your position all at once in case some major development that is crucial to a companies fundamentals comes along shortly after (such as a much needed ceo change or maybe an acquisition from another company as an example) but keep cutting your exposure slowly until you're completely out of the investment if you're not seeing any changes. [link] [comments] |
| $SIRC (Solar integrated roofing corp) info Posted: 17 Nov 2021 10:38 AM PST $SIRC or Solar integrated roofing corp Originally a small company with roots in the San Diego area, SIRC now operates in about 40 states after acquiring several subsidiaries at a rapid pace over the past 12 months. These acquisitions include Enerev, a solar sales company; Plemco, an electric vehicle charging company that bids for government contracts and has recently entered the residential space; Cornerstone Construction, a successful multi-state roofing company with ties to the broader roofing and contractor industry SIRC is aiming to synergize with at the national level; Future Home Power, a door-to-door solar sales company headed by Jason Newby, the all-time leading salesperson at Vivant; Balance Claims, which will handle all back-office matters for SIRC; and USA Solar Networks, a solar sales network operating in dozens of states, headed by solar industry veteran Pablo Diaz. The CEO of SIRC is David Massey. Some of the main business activities of SIRC include: selling solar projects to residential and commercial customers; installing solar projects; supplying solar panels to other companies, such as Solectrac and Healixa; and installing electric vehicle charging stations. SIRC posted revenue of about $10 million for the quarter ending August 31, 2021, up from about $5 million a year earlier. The company has been expressing expectations of earning over $20 million during the summer months (quarter three), with the hope of achieving $100 million annual revenue in 2022. In addition to looking forward to the numbers for quarters three and four, we as investors are optimistic that even higher revenues are possible over time given the tailwinds, governmental and cultural, lining up behind green energy, and the recent track record of expansion SIRC's team has laid down. Still trading on the OTC Pinks, SIRC recently completed an audit of its subsidiaries acquired through early 2021, which will allow them to apply for uplisting to the OTCQB exchange in the near future. The company's stated goal is to eventually uplist to the Nasdaq. The outstanding common shares of SIRC are 430,000,000, with 500,000,000 total authorized. Shares have been used to fund the acquisitions the company was making in 2020 and especially 2021. Management has communicated that new share issuances should be kept to a minimum going forward, and that the focus now is on creating cohesion and growth among the various subsidiaries. Another stated goal, profitability, was informally announced as having been achieved in September 2021. Arbiter Bank recently invested $42 million in SIRC, which we think speaks to the investability of the company. Dutchess Capital, an advising firm for smaller publicly traded companies that are expanding and looking to uplist, has taken SIRC on as a client. SIRC's share price has been volatile over the past year. After trading under $.10 for most of 2020, the price began to rise at year's end and catapulted up to $3.00 in short order in February 2021. It declined consistently after that, ultimately to about $.30, but has jumped back up to around $.50, which has served as a rough support zone throughout much of this year. Polaris Small Cap Research recently released a report with price targets for SIRC ranging from $1.50 to $3.00. Concerns regarding SIRC may include: low-penny debt notes held by early investors with an interest in profit-taking; past delays in the audit and uplisting process; the competition and evolving climate in the solar and EV industries. It's worthy to note that SIRC will be changing their name to better fit the company as they are far from only doing Solar roof installs now, there is a poll in the discord as to what the name should be. Why I am attracted to this stock can be found in my previous post here : https://www.reddit.com/r/pennystocks/comments/qsewj2/sirc_solar_and_ev_charging_play/ To summarize that post its Arbiter Capital $42m investment, Mohave farms Solar field ($150m over 30 years revenue ) , EV charging, Up-listing, Revenue growth and profitability in the near future. More information on SIRC is available here: Yahoo info : https://finance.yahoo.com/quote/SIRC?p=SIRC SIRC's website with PRs: https://www.solarintegratedroofing.com/news-and-events/press-releases/ The SIRC Discord, which hosts a regular Q&A with the CEO: https://discord.com/invite/mediatek SIRC's page at iHub: https://investorshub.advfn.com/Solar-Integrated-Roofing-Corp-SIRC-16394/ Thoughts on this growing company in the green energy sector? [link] [comments] |
| Xu Jiayin sold personal assets and invest over RMB7 billion life-saving funds into Evergrande Posted: 16 Nov 2021 06:22 PM PST Xu Jiayin, chairman of the board of directors of China Evergrande, who promised to ensure the interests of investors and promise the resumption of work and guarantee the delivery of buildings, is selling his personal assets to save Evergrande. Since July 1st, in order to maintain the liquidity of the group, Xu has raised funds through the sale of personal assets or pledged equity and has invested more than RMB7 billion in the group to maintain the basic operations of the huge Evergrande empire. During this period, Evergrande did not have financing and sales suspension, but it must ensure the monthly payment of 10%, the salary of headquarters employees, and the payment of interest on domestic and foreign bonds, so as to promote the resumption of work and production of projects across the country. Do you think this action can save Evergrande? [link] [comments] |
| EV Company Polestar (WITH SALES) going public via SPAC - $GGPI Posted: 16 Nov 2021 04:57 PM PST Overlooked SPAC deal, Polestar, an electric-focused automotive company based in Sweden is merging with $GGPI. They are already selling their Polestar 1, a hybrid, and the Polestar 2, fully-electric car. They are also released a vision for the Polestar "Precept." Financials They did $645M in revenue in 2020, and are projecting $1.6B in 2021. Right now, the SPAC is valued at just $1.55B. compared to other EV/automotive companies. $645M* revenue They are also backed by Volvo, Geely, and Leonardo DiCaprio? IMO most undervalued EV company after GM and F. Thoughts? [link] [comments] |
| What is your experience with Bernstein? Posted: 16 Nov 2021 08:51 AM PST I just got off the phone with my wife's family's...I don't know what to call them...Wealth management people? Bernstein. Sounds like they're a huge firm with high minimums for clients, and the only reason they're talking to me is because of who my father in law is. I'm wondering whether there's an advantage to going with a group like this and what sort of benefit I'd see over SPY all the way. They told me in their sales pitch they determine asset allocation and they have great research blah blah etc, then have what sound like their own mini funds and at a higher level REITs available only to high net worth clients. No crypto exposure, no nft's. This all seems extremely old school and outdated. Am I missing something? They have my wife 30% bonds in her early 30's, which seems...short sighted. They couldn't give me a straight answer on how they do compared with a passive index fund [link] [comments] |
| Is a correction even possible under current market conditions? Posted: 16 Nov 2021 11:55 AM PST Genuine question. Is a broad, cross-index correction possible given the current market conditions? I honestly think not. I think due to QE and Fed bolstering there is so much cash sloshing around looking for a home that anything with an even remote prospect of return is instantly invested in. Hear me out. I really think this is a new paradigm, not as in oh market goes up forever and this time is different, and more as in this amount of QE and stimulus mixed with bare bones low interest rate has never been achieved before. We have never had a market with the combination of those 2. So here's how I see things going forward:
What's going to change? Is retail suddenly going to become risk adverse? Is the amount of capital flooding the system going to be reigned in? Are interest rates going to drastically rise, if at all? I don't think so. I quite literally think that given market conditions and sentiment a correction is not even possible. Do all the remind me's you want. The market is unable to correct. [link] [comments] |
| VTI or VT vs. Bonds Longterm, Why Even Have Bonds for that long? Posted: 16 Nov 2021 07:24 PM PST I see a lot of people suggest portfolios of something like 80-90% VTI or VT with 10-20% bonds for longterm retirement accounts. To me this just seems absurd. In my mind what I question is over the course of 30 to 40 years of investing what will make you more money, bonds or VT/VTI? I believe you would be far and away better doing 100% VT/VTI until you are like 5 to 10 years away from retiring and then shifting a small portion into bonds. Can someone who likes the 80/20 stocks/bonds shed some light as to why carrying bonds for 30 to 40 years is a good strategy over just carrying more stocks? Ups and downs with stocks are no problem as this money will not be touched for over 30 years. [link] [comments] |
| 2U just acquired edX in a massive $ 800M EdTech consolidation. Here's why I'm buying �� Posted: 16 Nov 2021 06:48 PM PST
Here's what Wall Street thinks about 2U ($ 26.29) as of today:
*Upside potential based on consensus estimates: +124.42% Analyst estimates taken from Wall St Rank. News seen on Wall Street Journal. Who else thinks Education is in for a wild shift? [link] [comments] |
| Thoughts on PILL ETF -- bleeding money and not sure why? Posted: 17 Nov 2021 08:40 AM PST So I bought a few hundred dollars of PILL about a week ago and its down a little more than 10%. In the scheme of things, not tons of money, but not sure why. Their large holdings have been holding steady. Does anyone have thoughts of the ETF long term? I work in healthcare and see the large growth over the next few years coming, especially in holdings like Merck, Lilly, and JNJ -- so happy to hold longer term but not sure if I am missing something here. I have had success with other Direxion products but the 10% drop in a weeks time makes me concerned. [link] [comments] |
| A word on the lucid bandwagon. Posted: 16 Nov 2021 01:27 PM PST I see a lot of sentiment lately that anybody buying in on lucid is just hoping it will be the next tesla and be overvalued as such. I work middle management in plastic injection molding and a few months ago we received over 70 new jobs from lucid with date wheels starting in 2023. I've been arounf in the manufacturing industry and have seen several electric vehicle companies request prototypes and go out of business before they had molds for production finished. having no other investment knowledge i threw some money into lucid and reading around a bit i dont think i plan on pulling it out. [link] [comments] |
| Posted: 17 Nov 2021 07:25 AM PST I selected a collar and have the option for net debit, net credit, and even. I thought selecting anything but "net debit" would result in an error, but it appears to let me go forward with any of these 3 selected. The cost of the collar would be $8.63 (x100), but when selecting "even", it drops to $1.30. Am I misunderstanding something fundamental? Note, I have 100 shares of the underlying and just trying to create a protective collar to reduce downside risk. [link] [comments] |
| are emerging markets still worth it? Posted: 17 Nov 2021 06:48 AM PST hey guys, as far for indexes and NOT single investments, is emerging markets still profitable? It looks like there are too many factors, for example political, currency, cultural and geographical. Of course that China will be (or is) a major player in the future, but as long as governments have such an impact on companys, it's more than a risk or in other words more like an gamble. If politics would change, china would join the msci world anyway, so there is a reason for china not being in the index. EM can outperform or underperform for a very long time (30 - 50 years). DM are solid, are open, are innovative and follow certain rules. [link] [comments] |
| Using multiple platforms for charts and trades Posted: 16 Nov 2021 03:51 PM PST So im looking to invest, and have done research about brokers and have my eyes on degiro right now to start, however i heard that thinkorswim has some of if not the best stock charts, so i thought using thinkorswim for charts and degiro for the trades, but i had a question that i couldnt find the answer to. Now, i dont know particularly why thinkorswim has better charts, i assume and saw it was because it was more accurate and more real time, but lets say in a extreme example i was doing futures and want to sell/buy at the EXACT moment the price hits a certain point, if i execute the order on degiro, would it catch the up to date price from the charts, or would it take the perhaps delayed price that degiro is showing? Any insight would be appreciated. [link] [comments] |
| I have 1/3 of my portfolio invested in VXUS.. Posted: 16 Nov 2021 05:15 AM PST The other 2/3 is in VTI. I just started this adventure about a month and a half ago, but I can't help but to notice that VTI performs twice as well to date. I picked up VXUS on advice from a rich acquaintance, but I've read some things indicating that VXUS has underperformed for many years now. Does anyone have experience with this? I'm contemplating dumping everything into VTI. This port is worth around 136k for reference. [link] [comments] |
| Posted: 17 Nov 2021 11:13 AM PST There is a sentiment that you should not hold levered etfs long term, but why is it. I'm looking at returns from the SPY and something like ULPIX and it seems like the leveraged ETFs always win out in the semi-long term (5-10 years), but they trail off around the 20-year mark. What causes this? On the assumption that the s&p 500 will always increase about 7% per year, and I am a robot that does not care about short term immediate loses, what causes the levered etf to provide lower returns over the very long term? [link] [comments] |
| Digital/Crypto Investment Options Through Fidelity (Roth IRA) Posted: 16 Nov 2021 08:15 AM PST I started my Roth IRA in May or this year. I've been building my portfolio up with growth in mind along with safe dividends as well. I've gone in and out of Crypto directly with the various apps out there. I currently don't have anything crypto owned, but as I build my account with fidelity I'd like to invest in something if it is possible and available. The only things I've seen with any sense are $BITO and that Fidelity announced earlier this year that they would be launching some kind of Bitcoin ETF and that it was moving forward. Does anyone have any light to shed for me on this sort of thing outside of telling me to just use coinbase/an app to buy crypto? Thank you for your time. [link] [comments] |
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