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Senf
Nov 12, 2006

Senf posted:

TSNP to... the moon. What an interesting one to get in on a couple days ago.

Now up 75% today and moved into my “hold a little longer” list. I do like the stock.

Edit: lol

Senf fucked around with this message at 18:45 on Feb 5, 2021

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grenada
Apr 20, 2013
Relax.

Moatman posted:

CCIV is the 4th Churchill Capital SPAC. CCV is the 5th. They really put a lot of effort into their naming.

You guys should look into what Churchill has done with their second and third SPAC.

Their only good SPAC that closed on a good target was their first one at almost two years ago when their was no SPACs mania.

Also, CCIV is far from a sure thing so I’d be careful about thinking that Churchill is a big player that always secures targets.

tangy yet delightful
Sep 13, 2005



pmchem posted:

Thread, meet SCHX, my new favorite US broad market index ETF.

SCHX, Schwab U.S. Large-Cap ETF: https://www.schwabfunds.com/products/schx,

The simple comparisons in the space are Vanguard's offerings:
VOO, Vanguard S&P 500 ETF: https://investor.vanguard.com/etf/profile/overview/voo
VTI, Vanguard Total Stock Market ETF: https://investor.vanguard.com/etf/profile/VTI
VV, Vanguard Large-Cap ETF: https://investor.vanguard.com/etf/profile/VV
VONE, Vanguard Russell 1000 ETF: https://investor.vanguard.com/etf/profile/VONE

Morningstar style weights for each ETF are at the "Stock Style" "Weight" tab here:
https://www.morningstar.com/etfs/arcx/schx/portfolio
https://www.morningstar.com/etfs/arcx/voo/portfolio
https://www.morningstar.com/etfs/arcx/vti/portfolio
https://www.morningstar.com/etfs/arcx/vv/portfolio
https://www.morningstar.com/etfs/xnas/vone/portfolio

SCHX tracks the 750 largest US listed companies by market cap. That's it. It has an ER of 0.03% and quarterly distributions, like VOO or VTI. It has $26b of AUM and is extremely liquid; more trading volume and bid volume than VV or VONE. It covers large and mid-cap space, like VV, but with a lower ER and more mid-caps than VV (and much lower ER than VONE). It does not contain small caps, unlike VTI or the tail end of VONE. It's more top-heavy than VTI, getting you increased exposure to the megacaps in VOO (as compared to VTI). But, unlike VOO, it doesn't have to "wait" for the S&P committee to include them. So it got all the benefits of the run-up of TSLA, which VOO largely missed. In a similar fashion today, it contains SQ (Square), which VOO does not.

In my opinion, it's kind of a compromise between VOO and VTI -- so if you're torn on which to choose from there, you can just go SCHX instead and not worry about it.

2-year performance has been best-of-both worlds: it ran up with VOO before the corona-crash due to its megacaps, and it has outperformed VOO post-crash (like VTI):
https://stockcharts.com/freecharts/perf.php?VOO,VTI,SCHX&n=500&O=011000

The overall returns of SCHX/VTI/VOO are largely similar, of course, but speaking as someone who mainly looked at iShares and Vanguard ETFs for broad US market exposure -- SCHX was a pleasant discovery! It's also another tool in a toolbox for tax-loss harvesting, should people ever need it, because it tracks a different index than VTI/VOO. As of yesterday, I am using it as my core US holding.
Currently in FXAIX for a S&P500 fund. Looking for what to replace the money I have in PTMAX (which is dogshit lol) to cover a similar large-cap type exposure.

Right now I'm looking into SFY and SCHX based on your posts. Any other suggestions?

ReidRansom
Oct 25, 2004


laxbro posted:

You guys should look into what Churchill has done with their second and third SPAC.

Their only good SPAC that closed on a good target was their first one at almost two years ago when their was no SPACs mania.

Also, CCIV is far from a sure thing so I’d be careful about thinking that Churchill is a big player that always secures targets.

I'm only concerned about short term SPAC mania, TBH. My long poo poo is all circa oughties Google and Amazon, everything else can come and go daily.

This is not investment advice; i've lost so much money on daily whims

Splinter
Jul 4, 2003
Cowabunga!
CCV units are already up almost 10% since Tuesday, so it's been a decent short term play thus far. Just make sure you have a stop set as if CCIV-Lucid falls through I'd expect CCV to drop back to NAV as well.

Pennywise the Frown
May 10, 2010

Upset Trowel
I started trading again maybe a week ago due to the GME craze. I didn't touch any of those meme stocks at all but it reminded me I had a couple hundred dollars in an E-Trade account that I forgot about. I opened it a few years ago due to this thread. I initially got it to trade penny weed stocks. Almost all failed but one, APHA, which is up 121% since I got it. So I just threw another $500 into my account to play with.

A few days ago someone in here mentioned Ericsson's 5G prospects so I looked into it and it seems like a possibly safe bet so I threw $250 in there to hold for a long time. I also bought 50 shares of NDRA because you guys kept talking about it and I just figured "eh, what the hell."

a Loving Dog
May 12, 2001

more like a Barking Dog, woof!

Burn Zone posted:

holy poo poo GME @ $59 lmao

sounds like a fire sale

a Loving Dog
May 12, 2001

more like a Barking Dog, woof!
ive been reading the long term investment thread and its really funny how mad they get when someone from here wanders in there

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

a Loving Dog posted:

ive been reading the long term investment thread and its really funny how mad they get when someone from here wanders in there

It's much less receptive to the WallStreetsBetsification of BFC, that's for sure

GreenBuckanneer
Sep 15, 2007

a Loving Dog posted:

ive been reading the long term investment thread and its really funny how mad they get when someone from here wanders in there

"I did this thing badly, how do I do this thing properly"

"why you post here"

a Loving Dog
May 12, 2001

more like a Barking Dog, woof!

GreenBuckanneer posted:

"I did this thing badly, how do I do this thing properly"

"why you post here"

Its more like "gently caress you, rear end in a top hat, don't post here. You're stupid. I'm trying to save you from losing money. This is for your own good you dumbass piece of poo poo."

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

a Loving Dog posted:

ive been reading the long term investment thread and its really funny how mad they get when someone from here wanders in there

i read both these threads and i tell people who post this thread stuff over here to come here because they will actually get a decent discussion about stock picking

Leal
Oct 2, 2009
That thread seems to be exclusively about IRA or 401k, so where do I go to learn about mutual funds? I figured those would be a long term thing but...

Orange DeviI
Nov 9, 2011

by Hand Knit

a Loving Dog posted:

Its more like "gently caress you, rear end in a top hat, don't post here. You're stupid. I'm trying to save you from losing money. This is for your own good you dumbass piece of poo poo."

It’s great, motronic is especially good at it

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog
Really the difference is Short-Term (this thread) vs Long-Term (that thread)

They've evolved a bit; and since short-term trading is inherently a loser's game it has led to this thread being a clown car

Indisputable best way to be a long-term investor is boring ol index investing so it has led to that thread being dogmatic and with little to do other than quash the occasional raid from a doctor or engineer who Figured Out Stock Market

CompeAnansi
Feb 1, 2011

I respectfully decline
the invitation to join
your hallucination

a Loving Dog posted:

Its more like "gently caress you, rear end in a top hat, don't post here. You're stupid. I'm trying to save you from losing money. This is for your own good you dumbass piece of poo poo."

The only user I've seen get anything close to that attitude is zaurg... and that's not wholly unjustified.

UnfurledSails
Sep 1, 2011

I like this thread a lot. I love it when people discuss what they think of stocks or etfs, especially ones I'd never hear about otherwise.

The only posts I don't like are "here's how how much this random guy made/lost" (who cares?) and "wow number went up/down I should have bought/sold" (just a bad approach to investing/gambling)

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

CompeAnansi posted:

The only user I've seen get anything close to that attitude is zaurg... and that's not wholly unjustified.

When 'Very Smart People' are told they are wrong, it feels to them like "gently caress you, rear end in a top hat, don't post here. You're stupid. I'm trying to save you from losing money. This is for your own good you dumbass piece of poo poo"

PokeJoe
Aug 24, 2004

hail cgatan


They're right over there but it's not as fun

punk rebel ecks
Dec 11, 2010

A shitty post? This calls for a dance of deduction.

GoGoGadgetChris posted:

It's much less receptive to the WallStreetsBetsification of BFC, that's for sure

Each board, let alone forum, has different views and opinions on subjects, so this isn't surprising.

But yeah I vesting in meme stocks isn't very smart.

GoGoGadgetChris posted:

When 'Very Smart People' are told they are wrong, it feels to them like "gently caress you, rear end in a top hat, don't post here. You're stupid. I'm trying to save you from losing money. This is for your own good you dumbass piece of poo poo"

You seem to have a distaste for them.

Omne
Jul 12, 2003

Orangedude Forever

Boy am I happy I sold my CCIV at $26 to buy more BB

MagicBoots
Mar 29, 2010

How about we pump the atmosphere full of methane?
You put me on Cargo handling optimization?! I am the premier defense specialist in the entirety of the UN!
Don't you dare pull my funding!
You can't cut back on funding!
You will regret this!

Leal posted:

That thread seems to be exclusively about IRA or 401k, so where do I go to learn about mutual funds? I figured those would be a long term thing but...

IRAs and 401Ks are a type of retirement account. A mutual fund is something you would hold in those accounts, just like stock and ETFs. Mutual funds are out of favor as they basically do the same thing as ETFs but worse and with higher expense ratios.

MagicBoots fucked around with this message at 19:29 on Feb 5, 2021

pseudorandom
Jun 16, 2010



Yam Slacker
Finally sold my ZM share that I bought back around April. That was a nice ~274% gain. Now I just need to find a short term bet in which to throw it all away.

mongeese
Mar 30, 2003

If you think in fractals...

Omne posted:

Boy am I happy I sold my CCIV at $26 to buy more BB

I still like BB as a longterm gamble. It looks like it may have decoupled from the other meme stocks now.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22
I got in on Direxion's MOON ETF which someone posted in here (maybe pmchem?). It seems like a fun gimmick. Tracks S&P Kensho Moonshots index, 50 companies that score highs on some goof troop Early Stage Composite Innovation score. It's yoloing, but diversified!

GramCracker
Oct 8, 2005

beauty by stroll
Treated myself to a new coffee mug thanks to my GME gains

Arzakon
Nov 24, 2002

"I hereby retire from Mafia"
Please turbo me if you catch me in a game.

Senf posted:

TSNP to... the moon. What an interesting one to get in on a couple days ago.

I made a few grand off of them moving between .04 and .10 as the buzz started there. How they are $1.50 ($6.75B Market Cap) off of pure bullshit about "the next Paypal" despite not having even a beta app is amazing when there are already a dozen other companies who actually have real products.

Oh wait sorry they announced the ability to give them money to buy some blockchain ETFs via an app but still have nothing on their "global payments" thing.

UnfurledSails
Sep 1, 2011

KYOON GRIFFEY JR posted:

I got in on Direxion's MOON ETF which someone posted in here (maybe pmchem?). It seems like a fun gimmick. Tracks S&P Kensho Moonshots index, 50 companies that score highs on some goof troop Early Stage Composite Innovation score. It's yoloing, but diversified!

The score is "determined based off a natural language processing review of the constituent company’s latest annual regulatory filing for the use of words and phrases that are related to innovation."

It's the buzzword ETF.

Herr Tog
Jun 18, 2011

Grimey Drawer

pseudorandom posted:

Finally sold my ZM share that I bought back around April. That was a nice ~274% gain. Now I just need to find a short term bet in which to throw it all away.

may I suggest KERN

numberoneposter
Feb 19, 2014

How much do I cum? The answer might surprise you!

KYOON GRIFFEY JR posted:

I got in on Direxion's MOON ETF which someone posted in here (maybe pmchem?). It seems like a fun gimmick. Tracks S&P Kensho Moonshots index, 50 companies that score highs on some goof troop Early Stage Composite Innovation score. It's yoloing, but diversified!
MOON looks good. I think I might get in on that.

Also bought FIRE.TO today.

The Supreme Cannabis Company, Inc.

:2bong:

I also own APHA which I think is getting bought by TLRY.

I used to own TLRY until I sold it to exchange for AMC bag holder tickets.

Senf
Nov 12, 2006

Arzakon posted:

I made a few grand off of them moving between .04 and .10 as the buzz started there. How they are $1.50 ($6.75B Market Cap) off of pure bullshit about "the next Paypal" despite not having even a beta app is amazing when there are already a dozen other companies who actually have real products.

Oh wait sorry they announced the ability to give them money to buy some blockchain ETFs via an app but still have nothing on their "global payments" thing.

Backstreet’s back, baby:

https://twitter.com/bettingbruiser/status/1357381282926374919?s=21

uhhhhahhhhohahhh
Oct 9, 2012

numberoneposter posted:

MOON looks good. I think I might get in on that.

Also bought FIRE.TO today.

The Supreme Cannabis Company, Inc.

:2bong:

I also own APHA which I think is getting bought by TLRY.

I used to own TLRY until I sold it to exchange for AMC bag holder tickets.

APHA is buying 60 something % of Tilray, but is going to keep the Tilray name for the join company.

spwrozek
Sep 4, 2006

Sail when it's windy

Thoughts on VTI Short Volume Ratio of 83%? Seems insane.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

UnfurledSails posted:

The score is "determined based off a natural language processing review of the constituent company’s latest annual regulatory filing for the use of words and phrases that are related to innovation."

It's the buzzword ETF.

haha hell yeah i recall that now its so absurd and i love the premise

devilmonk
May 21, 2003

I got a few shares of LHDX today.
I’m super interested to hear if anyone has more insight about where it might go. It seems like a no-brainer to me but I’m a dummy.

Space Fish
Oct 14, 2008

The original Big Tuna.


Leal posted:

That thread seems to be exclusively about IRA or 401k, so where do I go to learn about mutual funds? I figured those would be a long term thing but...

Mutual funds are something you would invest in inside a brokerage account, including but not limited to an IRA or 401k. Most company-sponsored IRAs and 401ks offer employees a limited menu of mutual funds from which to choose, so the topics overlap a lot.

Mutual funds by and large drag behind index funds in terms of performance, especially when you factor in fees, taxes, and fund managers (this claim has been thoroughly backtested). There are a few that outperform the S&P 500, but they tend to be temporary highs followed by microscopic or negative returns. Again, indexes reign supreme.

The Bogleheads website breaks down some good three-fund portfolios based on which brokerage you use. Do not (DO NOT) pay fees to, say, buy Vanguard mutual funds from Fidelity.

Generally speaking, ETFs can act as a tax-efficient substitute for a mutual fund if you are using a taxable account (many are fee-free between companies, too). For example, if you use Fidelity you might hold Fidelity index funds FSKAX / FTIHX / FUAMX in your Roth IRA and Vanguard's ETFs VTI / VXUS in your taxable account. There are justifications and edge cases for this or that specific goal/strategy/circumstance, but these examples work for basic indexing.

Uh oh, that sounded like long-term advice. Hmmm... I swapped out Sundial for Trulieve. What better way to refresh the economy than to legalize pot just in time for the latest stimmy?

numberoneposter
Feb 19, 2014

How much do I cum? The answer might surprise you!

I wish the XLNX and AMD merger would go through already I'm bored of looking at my XLNX, but with the 1.7234 share conversion to AMD it's still a good deal unless I'm missing something.

UnfurledSails
Sep 1, 2011

KYOON GRIFFEY JR posted:

haha hell yeah i recall that now its so absurd and i love the premise

It's not that much of a stretch to do the exact same thing but on wsb posts, and start the $TENDI ETF or whatever

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

UnfurledSails posted:

It's not that much of a stretch to do the exact same thing but on wsb posts, and start the $TENDI ETF or whatever

3x leverage WSB natural language processing fund, let's do it

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mongeese
Mar 30, 2003

If you think in fractals...

KYOON GRIFFEY JR posted:

I got in on Direxion's MOON ETF which someone posted in here (maybe pmchem?). It seems like a fun gimmick. Tracks S&P Kensho Moonshots index, 50 companies that score highs on some goof troop Early Stage Composite Innovation score. It's yoloing, but diversified!

This looks like an early stage meme ETF. It has MVIS, VUZI, NNDM, and PLUG in its top 10 holdings.

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