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LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!

coffeetable posted:

what would you do differently in future? how could you have distinguished MBLY from all the other stocks which were down at christmas and then continued going down?

Autonomous vehicle technology is supposedly a growing industry, plus tech valuations are sky high. It's also an Israeli company so it pairs well with Intel, which has operations there as far as I recall.

No, I am not saying the writing was on the wall, but it wouldn't have been a totally unreasonable purchase to have bought some shares for my gambling trading account.

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VendaGoat
Nov 1, 2005

leper khan posted:

I also ignore the thread's advice, but my gambling account is doing pretty well with DIS ATVI and NTDOY.

I'm sure it will crash precipitously at some point.

Hey buddy. :hfive:

Cheesemaster200
Feb 11, 2004

Guard of the Citadel
Remember when this thread had an OP that said penny stocks were incredibly stupid and to please not ask/talk about them?

Those were the days...

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!

Cheesemaster200 posted:

Remember when this thread had an OP that said penny stocks were incredibly stupid and to please not ask/talk about them?

Those were the days...

Yes but the OP also contains this:

quote:

Disclaimer: Everything in this thread is a lie. You will lose everything if you do anything we recommend. Reading this thread is making you lose your house. Your kids will never get into college because you wont close this window.

KaiserKarl
Dec 31, 2006

LLCoolJD posted:

Autonomous vehicle technology is supposedly a growing industry, plus tech valuations are sky high. It's also an Israeli company so it pairs well with Intel, which has operations there as far as I recall.

No, I am not saying the writing was on the wall, but it wouldn't have been a totally unreasonable purchase to have bought some shares for my gambling trading account.

I'm thinking about taking a mid/long value position in NOK for the same reason, potentially overvalued as a takeover target as there are a limited number of companies out there with proven valuable IP for autonomous vehicle companies that need to try and keep pace with those developing better proprietary IP. Unsure about the risk posed by pending litigation v. Blackberry. Still tempted to buy a few thousand shares and see if it ends up getting a favorable buyout, and given the decent dividend returns it's not too painful to ride up and down for a bit. Someone smart talk me out of this, please.

fougera
Apr 5, 2009

KaiserKarl posted:

I'm thinking about taking a mid/long value position in NOK for the same reason, potentially overvalued as a takeover target as there are a limited number of companies out there with proven valuable IP for autonomous vehicle companies that need to try and keep pace with those developing better proprietary IP. Unsure about the risk posed by pending litigation v. Blackberry. Still tempted to buy a few thousand shares and see if it ends up getting a favorable buyout, and given the decent dividend returns it's not too painful to ride up and down for a bit. Someone smart talk me out of this, please.

NOK is not a way to play autonomous vehicles, the bulk of their business is network services. Its tangentially related at best and the way it would monetize autonomous vehicles would not move the stock.

NOK is more of a 5G play.

baquerd
Jul 2, 2007

by FactsAreUseless

fougera posted:

NOK is not a way to play autonomous vehicles, the bulk of their business is network services. Its tangentially related at best and the way it would monetize autonomous vehicles would not move the stock.

NOK is more of a 5G play.

NOK sold their autonomous diving and traffic/maps capabilities in 2015.

FreelanceSocialist
Nov 19, 2002
My portfolio has become 60% index funds, 30% really dumb high-volatility leveraged ETF decisions, and 10% dumpster fires. At this point, I'm "beating" the market by a few percent but I really don't want to think about the time I've sunk into trying to do it. I feel like doing this for a living isn't as bad as trying to pretend it's a hobby while you work your real job.

Still waiting to hear if I have to dump all my XRX/CNDT shares due to work - that's not going to be fun. :ohdear:

coffeetable
Feb 5, 2006

TELL ME AGAIN HOW GREAT BRITAIN WOULD BE IF IT WAS RULED BY THE MERCILESS JACKBOOT OF PRINCE CHARLES

YES I DO TALK TO PLANTS ACTUALLY

FreelanceSocialist posted:

My portfolio has become 60% index funds, 30% really dumb high-volatility leveraged ETF decisions, and 10% dumpster fires.
fyi a 60/40 index/high-vol-trash weighting makes sense if you believe that the trash will return 2.2x as much as the index does

(assumptions: 15% index vol, 30% trash vol, 50% corr between the two)

Torpor
Oct 20, 2008

.. and now for my next trick, I'll pretend to be a political commentator...

HONK HONK

Slappy Pappy posted:

How many of you guys have cool screenshots from your portfolio's like this one to share?



You do know you can sell stocks as well as buy them, right?

coffeetable
Feb 5, 2006

TELL ME AGAIN HOW GREAT BRITAIN WOULD BE IF IT WAS RULED BY THE MERCILESS JACKBOOT OF PRINCE CHARLES

YES I DO TALK TO PLANTS ACTUALLY

Torpor posted:

You do know you can sell stocks as well as buy them, right?

you should buy stocks that have just gone up too

VendaGoat
Nov 1, 2005

coffeetable posted:

you should buy stocks that have just gone up too

I mean..

That's good advice. :v:

Leperflesh
May 17, 2007

FreelanceSocialist posted:

At this point, I'm "beating" the market by a few percent

On a risk adjusted basis? Or are you just comparing your riskier portfolio to the S&P

Pryor on Fire posted:

80% of the sentiment in this thread seems to be "look how low this stock is, but look how high it used to be! It might go back up to that high spot! buy!" which is the worst possible investing advice you could listen to.

Nah

I mean it's really really bad investing advice but I think there's much worse advice even than that, out there.

Also I think 80% of the sentiment in this thread seems to be "you guys are idiots (and so am I)"

Moridin920
Nov 15, 2007

by FactsAreUseless
If you want "worst possible investing advice" hop onto StockTwits with some popcorn and watch the madness.

At least in here when people make a dumb gamble they are usually self aware enough to realize it.

KaiserKarl
Dec 31, 2006

baquerd posted:

NOK sold their autonomous diving and traffic/maps capabilities in 2015.

fougera posted:

NOK is not a way to play autonomous vehicles, the bulk of their business is network services. Its tangentially related at best and the way it would monetize autonomous vehicles would not move the stock.

NOK is more of a 5G play.

I'm probably being overly optimistic that there is value in some of their 5G technologies for av. Thanks for the sanity check.

FreelanceSocialist
Nov 19, 2002

Leperflesh posted:

On a risk adjusted basis?

No, of course not. Pretty sure my portfolio beta is like ∞. My legit investment/retirement account is essentially Ferri's core four strategy.

Leperflesh
May 17, 2007

FreelanceSocialist posted:

No, of course not. Pretty sure my portfolio beta is like ∞. My legit investment/retirement account is essentially Ferri's core four strategy.

So then yeah, you can just add risk by buying a modestly riskier fund as part of your general strategy and avoid all the extra work of buying individual stocks etc.

VendaGoat
Nov 1, 2005
Covert all your holdings into Zimbabwe dollars.

I hear good things about their future.

For god's sake do not do this

Moridin920
Nov 15, 2007

by FactsAreUseless

VendaGoat posted:

Covert all your holdings into Zimbabwe dollars.

I hear good things about their future.

For god's sake do not do this

God I had to actually sit down a family friend and convince them to absolutely not do this a couple years ago. It was... more difficult than it should have been.

I think they still ended up "buying" a bunch from some shady online "broker" but at least I convinced them to not take out a bunch of loans and go right up to the hilt with it which they seemed like they were about to do. jfc.

FreelanceSocialist
Nov 19, 2002
Wait - that was a real thing that people did? I had a classmate in college who talked about how he padded his student loans one semester and did that with the extra. I always thought that was an inside joke from some stupid TV show. Now I really want to track him down and find out how that turned out.

Leperflesh posted:

So then yeah, you can just add risk by buying a modestly riskier fund as part of your general strategy and avoid all the extra work of buying individual stocks etc.

Yeah but that's not as fun :(

Leperflesh
May 17, 2007

FreelanceSocialist posted:

Wait - that was a real thing that people did? I had a classmate in college who talked about how he padded his student loans one semester and did that with the extra. I always thought that was an inside joke from some stupid TV show. Now I really want to track him down and find out how that turned out.

Dude, enough people respond to nigerian 411 scams that they're still happening, still. Of course people go all-in on Zimbabwe dollars. People put their life savings into opening that restaurant they've always dreamed of, people pour every spare dollar they don't have into lottery tickets, poor people vote Republican. People do all kinds of idiotic poo poo.

quote:

Yeah but that's not as fun :(

True! If the goal is to have fun, though, maybe you can find a less risky/expensive option?

Agronox
Feb 4, 2005

FreelanceSocialist posted:

Wait - that was a real thing that people did? I had a classmate in college who talked about how he padded his student loans one semester and did that with the extra. I always thought that was an inside joke from some stupid TV show. Now I really want to track him down and find out how that turned out.

The usual scam, started around 2004, was selling Iraqi Dinar from the old regime, which would--any time now!--somehow resume its pre-war exchange rate and deliver windfall profits to those who bought it.

I've heard of it occasionally making the rounds even more recently, a decade later, but you have to figure the tree of rubes has been pretty well picked over by now.

edit: never heard of anyone buying Zimbabwe bucks apart from having the novelty value of a trillion dollar bill

Dr. Fraiser Chain
May 18, 2004

Redlining my shit posting machine


Lol was the idea that inflation would go down and people resume buying bread for A buck and here you have A TRILLION DOLLARS. don't worry, that country gonna sell everything when I cash this in!

VendaGoat
Nov 1, 2005
It doesn't matter what the commodity is, there will always be some sucker, that some dick takes advantage of.

Beanie Babies, Gold, CCGs, Zimbabwe Dollars, The Brooklyn loving Bridge, The Eiffel loving tower twice, Swampland although that did turn out well once.

People are loving horrible to one another.

Pryor on Fire
May 14, 2013

they don't know all alien abduction experiences can be explained by people thinking saving private ryan was a documentary

Goodpancakes posted:

Lol was the idea that inflation would go down and people resume buying bread for A buck and here you have A TRILLION DOLLARS. don't worry, that country gonna sell everything when I cash this in!

https://www.youtube.com/watch?v=_R9an8AU3No

Kevyn
Mar 5, 2003

I just want to smile. Just once. I'd like to just, one time, go to Disney World and smile like the other boys and girls.
Yeah I have a trillion dollar bill I bought from some banner ad on these forums. I don't even know if it's legit, I just bought it for shits and giggles

Leperflesh
May 17, 2007

Kevyn posted:

Yeah I have a trillion dollar bill I bought from some banner ad on these forums. I don't even know if it's legit, I just bought it for shits and giggles

It'll be hilarious if the collector's value of zimbabwe 100 trillion dollar bills gets high enough that it becomes worthwhile to counterfeit them.'


(It won't, because there's vastly more in print than there are people who will ever want one - their current value on eBay is determined by how many the people who have most of them are trickling onto the market at any given time, and not by actual scarcity of supply.)

Cheesemaster200
Feb 11, 2004

Guard of the Citadel
Ok, new topic.

If you had to create a portfolio right now out of real money (i.e not gambling money) with one stock from each S&P 500 sector, what would you chose?

Consumer Discretionary:
Consumer Staples:
Energy:
Industrials:
Financial:
Healthcare:
Technology:
Materials:
Utilities:
Telecom:
Real Estate:

VendaGoat
Nov 1, 2005

Cheesemaster200 posted:

Ok, new topic.


Great question. I have no loving idea.

shame on an IGA
Apr 8, 2005

Consumer staples: THS
Healthcare: BAX
Real Estate: MCD

Baddog
May 12, 2001
Tech: AMZN

FreelanceSocialist
Nov 19, 2002
Right this instant?

Industrials: GE
Healthcare: UNH
Technology: GOOGL
Materials: XOM
Telecom: CTL

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:

Cheesemaster200 posted:

Ok, new topic.

If you had to create a portfolio right now out of real money (i.e not gambling money) with one stock from each S&P 500 sector, what would you chose?

Consumer Discretionary:
Consumer Staples:
Energy:
Industrials:
Financial:
Healthcare:
Technology:
Materials:
Utilities:
Telecom:
Real Estate:

This is a great, GREAT topic. I picked all of these because I think they represent growth opportunities relative to their sectors.

CD: COST - I like that they just took a hit.
CS: PG
E: FSLR
I: COL
F: DB
H: EW
T: AMD (I have enough AMZN in my index funds).
M: EXK
U: LNT
TC: S
RE: I don't know that I would be comfortable investing in this sector but, what the hell, CBG.

EAT FASTER!!!!!! fucked around with this message at 16:12 on Mar 15, 2017

VendaGoat
Nov 1, 2005

Are you betting on Immelt getting ousted?

FreelanceSocialist
Nov 19, 2002

VendaGoat posted:

Are you betting on Immelt getting ousted?

Not really betting on it - I feel that GE is a good investment either way, but if he gets the boot I'd expect we'd see a nice bump in share price.

punch drunk
Nov 12, 2006

I made a longer post in the long term investing thread but basically I am going to be moving around 35k into a lazy portfolio and then using a few grand to play around with.

I currently have a Vanguard IRA, Schwab High Yield Investor Checking, and Interactive Brokers (with no data subs) account that is now charging me 10/mo instead of 3/mo (minus commissions). My idea right now is to do the lazy portfolio with either Schwab or Vanguard and close out the IB account to avoid fees since I'm not actively trading that much anymore. I do want to start actively trading again (ie. gambling) but with a relatively small amount of money.

Since IB and its interface tend to make my head spin still sometimes and I'm not really doing anything besides stocks does Robinhood in conjuction with Charles Schwab sound like a good idea? Hold my portfolio and some long term investments at Schwab while loving around on Robinhood?

Alternatively, if I keep my IB account open, it's bothering me about getting a data subscription constantly but for my purposes this isnt a huge deal right? This is usually going to be the difference of cents and for the amount of money I don't think the difference in cents really matters?

punch drunk fucked around with this message at 17:15 on Mar 15, 2017

VendaGoat
Nov 1, 2005
Yellen speaks and doesn't use the word "uncertain". Along with a confirmation of what the fed has been looking for and the market goes up.

Zero One
Dec 30, 2004

HAIL TO THE VICTORS!

punch drunk posted:

I made a longer post in the long term investing thread but basically I am going to be moving around 35k into a lazy portfolio and then using a few grand to play around with.

I currently have a Vanguard IRA, Schwab High Yield Investor Checking, and Interactive Brokers (with no data subs) account that is now charging me 10/mo instead of 3/mo (minus commissions). My idea right now is to do the lazy portfolio with either Schwab or Vanguard and close out the IB account to avoid fees since I'm not actively trading that much anymore. I do want to start actively trading again (ie. gambling) but with a relatively small amount of money.

Since IB and its interface tend to make my head spin still sometimes and I'm not really doing anything besides stocks does Robinhood in conjuction with Charles Schwab sound like a good idea? Hold my portfolio and some long term investments at Schwab while loving around on Robinhood?

Alternatively, if I keep my IB account open, it's bothering me about getting a data subscription constantly but for my purposes this isnt a huge deal right? This is usually going to be the difference of cents and for the amount of money I don't think the difference in cents really matters?

Never used IB but anything you are paying them for you will likely get for free from Schwab (or vanguard).

Your plan sounds fine. I think Schwab commissions are lower than VG so unless you are exclusively looking for Vanguard funds Schwab would save you the most.

Cheesemaster200
Feb 11, 2004

Guard of the Citadel
That there yield curve is beginning to look flatter and flatter...

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Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.
TSL goes private at 11.55/share :toot:

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