Daily General Discussion and Advice Thread - January 12, 2022 Investing |
- Daily General Discussion and Advice Thread - January 12, 2022
- Most recent Consumer Price Index print is at 7% year over year. Core CPI up 5.5% YoY
- 0% Expense Ratio Mutual Funds Vs Indexed ETFs
- General curiosity about the investing community, popular trends, crypto, etc... Really just trying to get some perspective
- What do you guys think of Christine Poole's Top Picks?
- What am I missing here? [ticker: IT]
- Margin investing, margin requirements, and volatility levels question
| Daily General Discussion and Advice Thread - January 12, 2022 Posted: 12 Jan 2022 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:
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] |
| Most recent Consumer Price Index print is at 7% year over year. Core CPI up 5.5% YoY Posted: 12 Jan 2022 05:31 AM PST This morning at 8:30am eastern it was announced that the US Consumer Price Index had reached '7%' Year over Year and 5.5% YoY excluding food and energy. However there are a lot of analysts and economists thinking this year with fed rate hikes that they should hopefully slow down this high number. *US Dec Consumer Prices +0.5%; Consensus +0.4% *US Dec CPI Ex-Food & Energy +0.6%; Consensus +0.5% *US Dec Consumer Prices Increase 7% From Year Earlier; Core CPI Up 5.5% Over Year *US Dec CPI Energy Prices -0.4%; Food Prices +0.5% [link] [comments] |
| 0% Expense Ratio Mutual Funds Vs Indexed ETFs Posted: 11 Jan 2022 05:27 PM PST I have a taxable brokerage and ROTH IRA with Fidelity. A Fidelity advisor I met with recently suggested a two things that I am hoping to get some thoughts on. 1) He said in a taxable account, generally an indexed ETF is more tax efficient than an equivalent indexed mutual fund. His explanation was that generally the ETF has less distributions than the equivalent mutual fund as as a result you pay less taxes on the ETF's distributions compared to the equivalent mutual fund and reap greater compounded returns over time. 2) When it comes to the ROTH IRA, taxable distributions are no longer a concern (I agree) so he suggested a handful of Fidelity 0% expense ratio mutual funds. The reason being was that the 0% expense ratio is more beneficial compared to the ETF with a marginal expense ratio. I know everyone has their favorite stocks, ETFs, and mutual funds so I am hoping you can weigh in on the merit of 1 and 2 before reading on the rest. Point #1 seems legit enough and I have found some research online to substantiate it. Point #2 is a little more suspect to me as I can understand 0% ER is better than something greater than 0% but I am not sure if he is just trying to peddle Fidelity funds that might not track an index exactly and might not perform as well. With all that said, he suggested a handful of iShare ETFs for the brokerage: IVV (S&P 500) , IJR (Small Cap) , IJH (Mid Cap) , and IVW (S&P 500 Growth) (some simple research showed that these have lower expense ratios than SPY, QQQ, and some of the vanguard equivalents but just with less volume which I guess I am okay with except I was hoping to write some covered called on them from time to time) He suggested 3 each 0% Expense Ratio Mutual funds for the ROTH IRA: FNILX (Large Cap Index) FZILX (International), FZIPX (Extended Mid to Small Cap Market) Thanks for any thoughts or feedback! Edit and Update: Thanks everyone for the overwhelming responses! Summarizing the responses for those just getting to this: It sounds like for the most part the majority seem to agree that the advice in points 1 and 2 is sound. Additionally there may be "transaction fees" associated with the 0% ER Mutual funds but there is not enough clarity on what those are with respect to other Mutual Funds and I should look at other factors like performance of the funds to make the best decision on if the 0% ER mutual funds are good for me. Finally, the advisor is likley a fiduciary meaning he should be advising in my best interest and that does not mean he can't recommend Fidelity funds and partner funds (iShares are Blackrock product with an agreement with Fidelity) if he still feels they are best for me. [link] [comments] |
| Posted: 12 Jan 2022 12:18 AM PST Let me preface this by saying I know absolutely nothing about any if this. But day traders, crypto, stock advice, etc...have been inescapable. I'm just wondering what the philosophical divisions are in this community and was hoping to get some perspective as to how proponents of different strategies feel about popular trends. Just to get it out there I'm not in any way shape or form attempting to get into day trading or solicit advice of any kind, Im just genuinely curious about the community. [link] [comments] |
| What do you guys think of Christine Poole's Top Picks? Posted: 12 Jan 2022 12:57 AM PST So, I am not too familiar with her but apparently, she is good at picking winners. Here are some of her latest picks. So far, her picks are doing well as of today's posting. Mondelez (MDLZ NYSE) – Last bought at $60.75 in December 2021 Mondelez is a global snacking company with top category market shares in biscuits, chocolate, and candy. Biscuits represent 43 per cent of sales, chocolate 32 per cent, gum and candy 13 per cent, cheese and grocery seven per cent and beverages five per cent. Its portfolio of leading global brands includes Oreo, beVita, Ritz, Cadbury, Toblerone, Trident, Dentyne, and Halls. With close to 40 per cent of its revenues from emerging markets, Mondelez is well-positioned to benefit from the growing middle-class population in these regions. Per capita consumption of confectionary and biscuits in developing countries are significantly below that of developed countries and is expected to increase as personal income levels rise. Mondelez provides investors with a dividend yield of 2.2 per cent. Otis Worldwide (OTIS NYSE) – Last bought at $85.00 in December 2021 Otis is the world's largest elevator and escalator manufacturing, installation, and service company. It is the market leader with a 17 per cent share of the fundamentally attractive global elevator market, operating in over 200 countries with international operations representing 73 per cent of sales. New Equipment and Service contributes 43 per cent and 57 per cent of sales, respectively and 20 per cent and 80 per cent, respectively of operating profits. Otis provides a dividend yield of 1.1 per cent. Scotiabank (BNS TSX) – Last bought at $85.00 in December 2021 Scotiabank is a leading bank in the Americas with operations in Canada, U.S., and the Pacific Alliance countries. Its four business lines consist of Canadian Banking (43 per cent of earnings), Global Banking and Markets (21 per cent), International Banking (19 per cent) and Global Wealth Management (17 per cent). Following the recently announced 11 per cent dividend increase, Scotiabank provides a dividend yield of 4.6 per cent. S&P Global (SPGI NASD)
TD Bank (TD TSX)
Unilever (UL NYSE)
Total Return Average: 27% SOURCE: https://www.bnnbloomberg.ca/christine-poole-s-top-picks-december-14-2021-1.1695810 [link] [comments] |
| What am I missing here? [ticker: IT] Posted: 11 Jan 2022 08:46 PM PST https://investor.gartner.com/static-files/001a9fd2-2302-4faa-bf85-f9d0c41132bc Gartner is absolutely crushing their revenue numbers yet they've been tanking over the last week. On a yearly basis they're trending up and if you own LEAPS you're still on track, but now looks like a great time to be picking up a few options a few months out. https://www.gartner.com/en/about/acquisitions/history/ceb-acquisition They're vertically integrating for their customers (a few years ago now) and are able to deliver even more critical research data than they were before. Again. This is all trending the right direction. I can't find any reason why this stock is trending down. Afaict this is a great buying opportunity [link] [comments] |
| Margin investing, margin requirements, and volatility levels question Posted: 11 Jan 2022 07:17 PM PST When you invest in margin, the stock you intend to buy has a margin requirement and volatility level, how can you know how RH determines these things and when they may change? Is there an independent method to check to see if RH is behaving honestly and with merit with regards to these determinations? I am using RH now, but have noticed margin requirements change but not often. When I used etrade, I would buy stocks and the next day they would often change the margin requirements for various reasons. A stock changing from a determination of high volatility to medium and the margin buying power increasing is very bullish IMO, this is why I want to know. I ask this question because I have recently went very heavy on SNDL and TLRY with plans to hold a long time and I'm certain the bottom has been bought. Once the volatility has been changed by RH, I expect to see a big increase in the stock price. I am grateful it wasn't allowed when I initially started buying however and it was a reason I chose this stock so heavy so I couldn't overinvest. Sub 60c, I do wish I could buy on margin. TLRY does allow margin and I have used it to buy 1000 shares. If they would reverse the call on volatility, I would most like have to sell some. What do you think RH would say as to their justification? I have noticed they often don't update things and I think they don't care. The reasons certain news articles are shared with Gold membership imbalanced has been something I have never liked and they disappear as well. [link] [comments] |
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