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    Monday, December 27, 2021

    Daily General Discussion and Advice Thread - December 27, 2021 Investing

    Daily General Discussion and Advice Thread - December 27, 2021 Investing


    Daily General Discussion and Advice Thread - December 27, 2021

    Posted: 27 Dec 2021 02:01 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!

    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:

    • How old are you? What country do you live in?
    • Are you employed/making income? How much?
    • What are your objectives with this money? (Buy a house? Retirement savings?)
    • What is your time horizon? Do you need this money next month? Next 20yrs?
    • 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?)
    • Any big debts (include interest rate) or expenses?
    • And 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 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!

    submitted by /u/AutoModerator
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    Is Metaverse just a crappy videogame?

    Posted: 27 Dec 2021 05:16 AM PST

    I've watched videos about it, I get that it might be appealing to some people. But I can't get rid of the thought that Metaverse is just a shitty videogame and it will take decades before we have anything close to the Matrix. Zuck wasn't convincing in his video either. I am 30 and don't use social media except Reddit. Used to have Instagram, Facebook etc, but lost the taste for it, log in maybe once a month to ckeck some messages. The reason I am asking is because I see a lot of competition for Facebook(TitTok etc). Do you think Metaverses are a fad or it is worth putting my money in some stocks related to this new phenomena? Thanks!

    submitted by /u/fullnam
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    ‘Bubblicious’: used car prices are rising faster than bitcoin, market researcher warns

    Posted: 26 Dec 2021 11:13 PM PST

    https://www.cnbc.com/amp/2021/12/26/bubblicious-used-car-prices-rising-faster-than-bitcoin-jim-bianco-warns-.html

    "In the last four months, they've gone up in price more than 20%. Not only is that more than the S&P, but over the last four months that's more than bitcoin itself," he said. "As of December 15, the latest set of data we've got, they're just accelerating higher and higher right now. There's no peak at least as of now."

    "It has all the tell-tale signs of a bubble," he said. "Used car prices are supposed to be a depreciating asset. They're not supposed to go up in price. Yet, this year they've gone up in price 49%, call it 50%."

    "This is exactly what they [Federal Reserve] don't want to see happen because this is that self-reinforcing idea about inflation," he noted.

    submitted by /u/cefpodoxime
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    Just received my inheritance, what’s a good long-term plan for growth?

    Posted: 26 Dec 2021 05:31 PM PST

    Hi I'm 20 years old and just received my inheritance it's somewhere shy of $200,000, i'm wondering what the best asset location would be for me to not only be able to receive a quarterly or monthly check to help out with my monthly expenses but also be able to reasonably grow the account while sheltering myself from unnecessary risk or an over leveraging towards technology. I would love some advice thank you.

    My next inquiry would be about brokerage and financial firms I've pretty much narrowed it down to TD Ameritrade, Schwab, Fidelity, or vanguard.

    I would like to have somebody manage my account or have a robot do it I've never had any of my money managed before and I've never even handled more than $5000 of spending money at a time so any information would be great on why these companies are good or bad

    submitted by /u/Dogethedogger
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    "China’s new VIE rule eases concerns about overseas IPOs"

    Posted: 26 Dec 2021 06:00 PM PST

    https://www.scmp.com/business/china-business/article/3161045/chinas-new-vie-rule-eases-concerns-about-overseas-ipos?module=perpetual_scroll_0&pgtype=article&campaign=3161045

    China's securities watchdog published a new draft regulation stating companies can list overseas as variable interest entities if they meet compliance rules

    China's securities watchdog has given tacit approval to a corporate structure that lets technology companies raise funds offshore, closing a two-decades-long regulatory loophole that has become a lightning rod in rising US-China tensions in capital markets.

    Chinese companies set up as variable interest entities (VIEs) are allowed to list in offshore markets if they register with regulators and meet compliance rules, according to a draft of a new regulation released on Christmas Eve by the China Securities Regulatory Commission (CSRC). The regulation also allows mainland-incorporated firms to directly list overseas without the need for a VIE if they meet the requirements. The draft was published online to solicit public opinion through January 23.

    The regulator said it would only assess the truthfulness, accuracy and completeness of submitted documents before giving applicants a green light for offshore listings, indicating that the registration-based system is not a stricter approval process.

    The draft rule contradicts a December 1 report from Bloomberg that said China planned to ban initial public offerings on foreign exchanges through VIEs to address concerns about data security. It added that fundraising through VIEs would still be allowed in Hong Kong.

    The CSRC said that the rule is not retroactive, so companies already listed as VIEs overseas are exempt from the stricter rules.

    Under the new rule, Beijing will strengthen oversight of companies' operations, including the handling of data, before allowing them to list overseas.

    submitted by /u/FlameoHotman-_-
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    locating CUSIPs in Interactive Brokers

    Posted: 26 Dec 2021 11:16 PM PST

    For any users of Interactive Brokers (is there a reddit community for that?): I'd be very grateful for guidance on where to find CUSIP numbers on the platform (or even better how to search by these rather than by ticker symbols). To be specific, I have a list of funds from the DFA Investment Dimensions Group that I am looking to invest in or at least consider. But all I have is their CUSIP numbers, no ticker symbols.

    submitted by /u/musammat
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    What passive incomes do you have?

    Posted: 26 Dec 2021 08:51 PM PST

    G'day mates!

    Lately I've been realising how important is to have growing assets and investments so one day I can be financially free.

    I have two main investments atm. - The first and main one is cryptocurrencies. I mainly buy and hold. And try to stake everything I can so I can get passive incomes.

    • The second investment I started not long ago. It is a crowd funding for medical cannabis with high % of return and I think it has a huge potencial.

    So I wanted to increase and diversify my assets but I'm not sure where.

    What passives incomes and investments so you guys have?

    submitted by /u/tocachas
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    What is the correlation between gold options and inflation?

    Posted: 26 Dec 2021 03:10 PM PST

    I'm fairly new to anything investment related. I have a modest Roth IRA (mostly index funds) and read Investopedia sometimes. Options and futures are something I have no experience with.

    A family member recently suggested that now is the time to invest in gold options and referenced inflation as the reason. I asked what they meant but couldn't seem to get much more information out of them ("Adults are talking" kind of thing). I'm hoping to understand the correlation and specifically why it would be a better place for my money than other options or even further investing in equities in scenarios with high inflation.

    Thank you for your time.

    submitted by /u/Saint-Patric
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    Windfall allocation: critiques or compliments welcome, all are ancillary allocations for now.

    Posted: 26 Dec 2021 09:06 PM PST

    2.5 % gamr video game oriented etf

    2.5 % xt i like the etf

    19% vsgx non-us esg fund

    19% divb designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

    19% bmez closed end fund for somewhat niche medical stocks

    19% ryld russel 2k covered call fund

    19% bst closed end fund for science and technology

    submitted by /u/beardtendy
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    China’s New VIE Rule Eases Concerns about Overseas IPOs

    Posted: 26 Dec 2021 11:40 PM PST

    On December 24, China Securities Regulatory Commission researched and drafted the "Administrative Regulations of the State Council on Overseas Issuance of Securities and Listing by Domestic Enterprises (Draft for Public Comments)", and simultaneously drafted the "Administrative Measures on Overseas Issuance of Securities and Listing by Domestic Enterprises (Draft for Public Comments)", to consult the public on the institutional rules related to the overseas listing.

    The two sets of documents complement each other and they have a landmark positive impact on supporting domestic enterprises to list overseas in compliance with the law.

    According to the new regulations, a unified filing management will be implemented for direct and indirect overseas listing activities of domestic enterprises.

    The implementation of the new regulations will start with the incremental amount, and the filing procedures will be carried out as required for the incremental enterprises and the stock enterprises with refinancing and other activities. At the same time, the currency restrictions on raising funds and paying dividends abroad have been relaxed to meet the needs of enterprises raising RMB abroad.

    China Securities Regulatory Commission clarified that under the premise of complying with domestic laws and regulations, VIE structure companies that meet compliance requirements can go overseas for listing after filing.

    More

    submitted by /u/SiaZhang418
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    Betterment retirement doesn't have a money market option, only stocks and bonds. What's the most safest approach I can do for my money if I'm sure of a downturn in market conditions. I posted all the options they gave me.

    Posted: 27 Dec 2021 05:32 AM PST

    US STOCKS

    -VTI total stock market

    -VTV value large cap

    -VOE value mid cap

    -VBR value small cap

    -COMB commodities

    -SCHH us reits

    INTERNATIONAL STOCKS

    -VEA international developed market

    -VNQI international reits

    -VWO international emerging market

    US BONDS

    -VTIP inflation protected bonds

    -AGG high quality bonds

    -GBIL short-term treasury bonds

    -MUB municipal

    -JPST short term investment grade

    -HYLB high yield corporate

    INTERNATIONAL BONDS

    -BNDX international development market bonds

    -EMB international emerging market bonds

    submitted by /u/WallabyUpstairs1496
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    [19 Y/O] Seeking Financial Advice

    Posted: 26 Dec 2021 09:54 PM PST

    So, long story short, I just received a decent sum of money, nothing too crazy, but it's just enough that I'm comfortable investing a fairly large amount.

    I'm aware that there's a lot of research that I have to do on my own, but what's the safest way for me to end up turning a profit? I know crypto can be pretty volatile, but I'm not completely opposed.

    Just wondering where I should start and what I should look into.

    submitted by /u/ZuccIsACucc
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    Is it a good idea to realize a loss solely for tax harvesting?

    Posted: 26 Dec 2021 07:26 PM PST

    A married couple I know is debating this issue. "Steve" has realized a gain of about 50k (half short term, half long term) this year. He has not realized any other gains nor losses this year. However, Steve also has unrealized losses for two securities in excess of 50k (also half long term, half short term) - Steve also believes that these securities will rebound in the future and at the very least reduce the unrealized losses. His plan is to hold these securities long term.

    "George" wants Steve to realize these losses purely for tax harvesting purposes (i.e. so that they can use the loss as a deduction and reduce their tax burden). Then, after 30 days have elapsed (to avoid the wash sale rule) George proposes that Steve re-purchases the harvested securities to maintain his position.

    Steve does not want to realize his losses purely for tax purposes, as he believes the securities responsible for the loss are still a sound investment.

    What do you guys thing? As an aside, would the IRS care about intentionally skirting the wash sale rule by re-purchasing a sold security 31 days after the sale, or is it more of a black and white issues (i.e. 30 days is the hard boundary where they stop caring)?

    submitted by /u/theasianpianist
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    Are stocks a good investment for the small investor?

    Posted: 26 Dec 2021 04:59 PM PST

    G'Day everyone!

    I've been investing for a while in the cryptocurrency and I wanted to diversify my investments in other areas such a stocks.

    After researching a bit, I've seen how stocks are less volatile and in fact more slow in terms of growth.

    So my question is: is it a good idea to invest on stocks when you don't have hundreds of thousands to put it? Any recommendations?

    What I mean with all this is that if I want to put my money to work for me, and make some passive incomes. Stocks, for the middle class average man, doesn't seem as profitable as crypto.

    Thank you and have a nice day

    submitted by /u/tocachas
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    Is the stock market really going to crash anytime soon?

    Posted: 26 Dec 2021 05:25 PM PST

    I feel like every month somebody tells me the market is going to crash and inevitably whenever it doesn't they just continue to push it back to the next month and the next month until eventually theres a bad week or two and they say I told you so, but I feel it's almost impossible for the market to fully crash as where one industry falls another thrives. For instance, even during this pandemic where many industries took massive hits you saw the rise of other businesses like zoom, amazon, and other big tech stock.

    submitted by /u/JRoss824
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