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    Wednesday, December 22, 2021

    Alternative to Vanguard for index fund matching S&P 500 and 0.04 fee Investing

    Alternative to Vanguard for index fund matching S&P 500 and 0.04 fee Investing


    Alternative to Vanguard for index fund matching S&P 500 and 0.04 fee

    Posted: 21 Dec 2021 08:37 PM PST

    Okay, I went to sign up for Vanguard with the plan to put money into one of their index fees, was fine with one that either mirrored the whole market or mirrored the S&P 500

    There were some technical issues getting it set up. I called in, apparently they are having technical issues with anyone who is registering for the first time, it's been going on for months, and they don't know when it can be fixed. But they can send me a 60 page PDF which I can fill out, print, and MAIL back to them.

    Okay, I see it as kind of a red flag that they have that big of a tech problem with no real effort to fix it.

    Are there other easy to use index funds I can jump into for the same 0.04 or possibly 0.05?

    submitted by /u/akodo1
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    Good time to buy Straddle on TUR [iShares MSCI Turkey ETF] Based on Volatility of Turkish Lira?

    Posted: 21 Dec 2021 08:11 PM PST

    Given the recent volatility in the turkish lira, and I expect more to follow as nobody knows how Turkey's move to offer depositors same return to the dollar will play out.

    https://www.reuters.com/world/middle-east/turkeys-protection-plan-target-minimum-3-month-lira-deposits-2021-12-21/

    I am not sure myself, its a gamble if people believe him, currency will stabilize and stop the depreciation, if not Turkey will run huge deficits by printing money... Either way till steady state is established we can expect volatility till people decide what will happen with the currency.

    This is already evident with what happened in past few days if we look at the graph of the turkish lira, it shot up to 18, then down to 11, then back up to 14, then down to 12 now. Huge fluctuations, these fluctuations obviously impact the value of the underlying stocks in the turkish market and no doubt the turkish stocks are also having wild swings. This is also evident on TUR in the US stock market. Hence I was thinking it might be a good idea to make money of the volatility?

    In the worst case where people call Turkey's bluff and continue selling lira, it could lead to a monstrous currency collapse leading to a lot of money on buying puts.

    Hence I was thinking of buy calls and puts on the turkish etf in the US, what do you all think?

    submitted by /u/ydouhatemurica
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    State of the Market 2021 edition

    Posted: 21 Dec 2021 06:20 PM PST

    Financial mis information is easy to spread because most of the time people don't bother checking graphs and its been pretty bad recently all over reddit subs

    bullshit 1:

    Market carried by only big tech

    SPY vs RSP ( invesco equal weight sp 500 ETF)

    https://finance.yahoo.com/quote/SPY/

    https://finance.yahoo.com/quote/RSP/

    26% vs 27% total return, we can put to rest "its only apple and msft bla bla bla"

    average sp 500 stock up 22%, median stock up 23%

    FYI if you getting killed this year with this statistic you probably suck at picking stocks

    bullshit 2:

    Market driven by easy money and bubble behavior

    I get it, its feel this way how parabolic we been going but check forward pe ration on sp 500 last quarter value around 22 , last year around 23.8, , you can go over p/s metrics etc and you will see that market return were mostly driven by EARNINGS GROWTH not multiple expansion

    I am just going to leave this chart here and you check rest

    https://www.macrotrends.net/stocks/charts/AAPL/apple/revenue

    last chart I like is

    https://fred.stlouisfed.org/series/DFII5

    it speaks for itself

    happy 2022 guys

    submitted by /u/Banabak
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    Transferring stocks from one portfolio to another?

    Posted: 21 Dec 2021 09:05 PM PST

    I've had a stock portfolio a family member has been looking after for years than I want to slowly start transferring to mine for cash reasons.... but ideally start with only 1 stock at a time.

    Is it better to pick a stock at a massive loss to transfer over or one with a big gain, or one closer to 0? The problem is the amount is a lot more than is currently in my portfolio so I'd not want it outweighing it totally in one direction or the other.

    submitted by /u/MaverickCarter
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    Question about last minute volume.

    Posted: 21 Dec 2021 01:24 PM PST

    I have been following a stock over the past week that keeps having this weird volume spike at the end of the day. Today it had 1 million volume for the entire day up till 3:59 pm. At 4:00pm it had over 2 million. So the volume doubled for the day in the last minute? How does that work? The price of the stock didn't even change. At the very least if there was 1 million volume coming in at the last minute the stock would have a condiserable shift up or down. But no movement in price is just very bizzare. If anyone knows how this could be happening or has links that could explain it, please send the info my way. Thanks.

    submitted by /u/Orbow
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    Monish pabrai sold $baba for Prosus.

    Posted: 21 Dec 2021 11:24 PM PST

    On the Everything money interview Monish Pabrai announced he sold Alibaba to buy Prosus, for its tencent stake. (And to tax lost harvest)

    Investing in Prosus means you're buying tencent at a discount because prosus' market value is less than the value of it's tencent shares.

    However Naspers, the parent company of prosus, trades at even bigger discount.

    So why did Pabrai buy Prosus over Naspers, and do you think it's worth purchasing tencent through a third party like prosus who could sell their tencent shares?

    submitted by /u/Afro_Superbiker
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