RumblingRosco
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
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Ether_Snake
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EKSO Bionics has gone public btw.
I wonder if we'll see a little boom in that sector.
Personally if I bought something, it would be Mazor Robotics.
edit: Apple has 1.6 trillion in cash. So stupid. Are they run Ron Paul?
I wonder if we'll see a little boom in that sector.
Personally if I bought something, it would be Mazor Robotics.
edit: Apple has 1.6 trillion in cash. So stupid. Are they run Ron Paul?
What do you guys think of this market is rigged accusations?
It's pretty clear that it is. I heard someone calling scalping, and that is a perfect description if you ask me. I hope the government looks into this and puts a stop to it.
I mostly buy with limit orders now but on several occasions where I haven't I've been surprised by the price I end up paying. It's never been lower than expected on market orders for me at least.
S&P closed at an all time high. I keep waiting for a pull back and it's not happening.
It's pretty clear that it is. I heard someone calling scalping, and that is a perfect description if you ask me. I hope the government looks into this and puts a stop to it.
I mostly buy with limit orders now but on several occasions where I haven't I've been surprised by the price I end up paying. It's never been lower than expected on market orders for me at least.
S&P closed at an all time high. I keep waiting for a pull back and it's not happening.
I wouldnt call it rigged since that implies that someone/something has a lot more control over it than anyone comes close to having. I think regular investors are at a disadvantage though, and that is why I don't play. Invest in the total market and invest for the long term. That way you can avoid all of that foolishness
You don't consider people seeing your trades and acting on them before you do as having more control?
I say let people set the market, not algorithms.
Oh, I do. I simply think rigged implies that they 100% control the game and are going to win no matter what. I don't think that is happening. Still, I sure as hell wouldnt do any stock trading
GOOGL has shareholder voting rights, GOOG doesn't.
I'm interested to see what kind of price fluctuation there will be, if any.
GOOGL has no voting power. GOOG is therefore the better hold at the same price in theory, but probably not worth the sell + buy commissions.
The whole point of the split is to stop the voting power bleeding for the co-founders, which together remain slightly above 50% of votes, rendering other shareholders' votes effectively worthless.
From now on, all newly issued shares will be under the GOOGL ticker, which ensures the founders keep complete control over the company.
Probably none because in practice, the votes are worthless because the founders kept their majority.
hmm interesting... not like my pitiful amount of shares amounted to much of a vote.
Kind of makes it difficult to track exact where I am though, ironically I use google finance and it went nuts this morning. Had a slight panic attack because it looked like I lost half my investment.
Kind of makes it difficult to track exact where I am though, ironically I use google finance and it went nuts this morning. Had a slight panic attack because it looked like I lost half my investment.
Down day for the market so far.
A little more and it might be worth rebuying the stocks I sold a couple of weeks ago. Then sell the options on them, rinse and repeat. I need to get better at this though. I'm making a little bit of money but the potential is there for more. I need to do a better job of reinvesting my earnings.
A little more and it might be worth rebuying the stocks I sold a couple of weeks ago. Then sell the options on them, rinse and repeat. I need to get better at this though. I'm making a little bit of money but the potential is there for more. I need to do a better job of reinvesting my earnings.
Ether_Snake
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Yeah what a shit week for me. Amazon go up!
edit: And this one isn't starting any better!
edit: And this one isn't starting any better!
Shhhhhhhhhhhhhhhhhhhhhh!
Well, I've been trying my conservative "market-timing" strategy. I'm not up because of this last week, but my losses are less than they would have been had I not sold/re-bought. But now I have to wait until it goes back up over what I paid before I sell. I'm definitely not going to let these downturns scare me into selling.
Ether_Snake
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Another slaughter, ugh.
I'm trying not to look, keeping myself busy here and with work. lol
My horizon is really long term but it hurts just the same to see $3k in profits vanish in a matter of days.
RumblingRosco
Member
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Posted this is Retirement thread but I'll try here:
So I am about to move some money over to Fidelity's Spartan 500 mutual fund. Since the NAV updates a day late, will it hurt me to put money in on a day when the market is going down where the previous day it was up? Basically, if I put money in on a down day, the NAV price I see will be higher than the next day (if the current day ends up in the red).
Unrelated...
Today sucks. I'd normally take your outlook, Soka, but I have the insurance money for my roof invested right now and have to pay for roof very soon. I know, I know, I should have taken it out. I'm still up $1,300 on it which is nice, but it's so hard for me to hit sell right now. Might just pay from my checking and wait a week or two before I move it out.
So I am about to move some money over to Fidelity's Spartan 500 mutual fund. Since the NAV updates a day late, will it hurt me to put money in on a day when the market is going down where the previous day it was up? Basically, if I put money in on a down day, the NAV price I see will be higher than the next day (if the current day ends up in the red).
Unrelated...
Today sucks. I'd normally take your outlook, Soka, but I have the insurance money for my roof invested right now and have to pay for roof very soon. I know, I know, I should have taken it out. I'm still up $1,300 on it which is nice, but it's so hard for me to hit sell right now. Might just pay from my checking and wait a week or two before I move it out.
Ether_Snake
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That's contradictory if you are not taking a "timing the market" approach. If you are investing at regular intervals, you have no money to invest at any time except at the intervals, and what you invest at those dates is as much as you can. So when you don't specifically accumulate money to invest on strong dips, dips like today can't benefit you in any significant way since even if it coincidence with an investment interval the longer you have been investing the smaller the weight it would have in your portfolio.
If you want to take both approaches, you have to invest regularly and keep a sizeable chunk of money in minimum risk assets to be able to sell them and invest on such dips.
RumblingRosco
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RumblingRosco
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HammerOfThor
Member
So are there any books you guys recommend? I know there are a few in the OP but most seem to be OOP.
Short term yeah. Long term, cheap stocks for the taking.
i've been caught with my pants down and have too far over extended to take advantage =(
If you are just investing for retirement, this dip does not matter at all.
I have personal investments as well as my retirement accounts.
Still not in the red at least..
RumblingRosco
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Yeah, I can cover it just barely with my non-invested cash; roof just got finished today haha. I'm not exactly worried, just bummed. I won't let myself take a loss (I still have about 10% left to go before that happens), just gonna try to stick it out for a bit. I'll sell a few shares here and there of the ETF if I need to.
I know there is nothing that can be done, bitching about it seems to help me though!
Buy low?
RumblingRosco
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That's why I posted my bitching in here.
I understand the wisdom and reasoning behind investing for decades later, but we should be able to talk about shorter-term trading in here without being told to not invest if you need the money within 10 years.
RumblingRosco
Member
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Not at all, I was actually thinking of Piecake when I made that post. But I don't take offense at all, Piecake has probably jump-started several member's retirement accounts between the two threads and that's great!
But I feel that people in this thread know the base advice of "You should only invest for the very long term", and that it doesn't need to be repeated when someone is bummed about a down market.
Well, now I am going to take my ball and go home.
Point taken though, since I probably should have thought more about how that would come across ( a bit judgey, preachy and superior-ness - it seems like) and where others are coming from than I did.
You better not!
I understand your advice and appreciate it (and have taken much of it in regards to my retirement accounts). I just need a place to vent when the markets suck for a week and have my fellow investors pat me on the back and say "next week will be better".
Do you guys know of any good forums like Gaf, specifically for trading and business analysis...anything of the sorts? All of the boards I've seen are either all spam/messy and moderated. I think it would be beneficial to me, reading through discussions rather than one-sided articles that are often biased.
They just don't exist...you need to assume that basically everyone is out there to plant a seed of doubt in your mind and make you trade one way or another. It's awful.
Yeah, I looked for one a few years ago and couldn't find any decent ones.
Damn, that is too bad. Where do you guys get most of your trading information from? Is there anywhere I can find stock pitches, business analysis presentations and the like? Trying to strengthen my own pitches, since I am going to start bringing them to an investment club. Thanks guys.
I've been reading as many investing books as I can on my kindle...the fact of the matter is usually by the time you hear about a good stock its already made some moves. The trick is to get in before most of retail does so by the time they buy in you can sell out.
You can come up with a set of company fundamentals you are looking for (low P/E and a PEG under 1, etc)...and search for companies on the Yahoo stock scanner to see which companies fit the fundamentals you are looking for.
Basically, I look for stocks that have the potential for explosive growth while the company balance sheets look good...(i.e. no debt, a sustainable burn rate).
You can start out by looking for a sector that looks like it is about to go on a bull run (check out ETFs for this) and then within that sector pick one or two companies within that tend to outperform that ETF and have the fundamentals you are looking for.
My problem with analysts ratings is they tend to be on the bullish side in their valuations, and in my experience if you research the fuck out of a company you could come up with a better valuation yourself.
HammerOfThor
Member
Can you please recommend some
This one was short and sweet, and when I said "read on my Kindle" I meant for free using the Prime lending library:
http://www.amazon.com/dp/1453666710/?tag=neogaf0e-20
I have others loaded up on my kindle, I'll have to update when I find it.
HammerOfThor
Member
Sweet thanks!