Got a few biotech choices if you have the stomach for it and the timeline.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Got a few biotech choices if you have the stomach for it and the timeline.
Ether_Snake
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That's a weird criteria.
percephone
Neo Member
I need recommendation on books on options writing.
Ether_Snake
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Word is the BoC (Canada!) will lower it's interest rate again, in March, to 0.5. Right in time for spring to keep fueling the bubble. Watch the CAD tank.
edit: I decided to hold DIS until they merge with AAPL, lol.
edit: I decided to hold DIS until they merge with AAPL, lol.
The best reference on options is by far Options as a Strategic Investment by Lawrence G. MacMillan.
It's costly, it's not the easiest book on Earth (although everything is explained quite well, there are some extremely advanced concepts covered along with the basics) and it's not solely focused on writing but instead covers nearly all possible options strategies.
But it's the most comprehensive and accurate book on the subject, second to none. Anything you might need, will be in there and there are numerous examples that make clear what exactly you're getting into and how to estimate what your potential risk and reward are for a particular strategy.
vpance
Member
Solars seem due for a run. Got in before the pop last week, and in wait and see mode.
So soon? Loving it though. Any gains now on US stocks are like super nitro boosted.
So soon? Loving it though. Any gains now on US stocks are like super nitro boosted.
Melon Husk
Member
I had been holding BLDP, refusing to take a loss. Worth it! (+60% yesterday, today +8% in the morning.)
Ether_Snake
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It's good, the explanatory videos are great.
I'd be curious to see if the supplies numbers are accurate, or if we have a case similar to the price fixing for other commodities. I find it highly suspicious that all of a sudden supplies magically increased drastically, when all of this would have been foreseeable and hence prices should have been lowering gradually. It's as if no one knew the US was going to produce more oil.
So my guess is the supposed supply level is significantly based on speculation of future output, one that is way overblown.
Canada is really getting in a real tough spot, and when they lower again (a certainty) borrowing is again going to enter effectively 'free' levels. Unfettered foreign investment in real estate in this country is what's fueling the bubble (esp. in TO and Van), and it's going to get way, way worse.
I don't see a recovery angle anytime soon for either rates or the dollar. If you're a young person looking to buy in the next three years in Canada, enjoy!!
PS- I think the overnight will be 0.25 by the end of the year.
tarzanpuyol
Member
anyone here owns or is thinking about owning BAC or F stock?
If the conditions are right I am thinking about buying BAC, F and GE next week.
If the conditions are right I am thinking about buying BAC, F and GE next week.
Ether_Snake
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I held GS for a short while, sold at 182 I think. I should have held longer but whatever. Most banks were down a good chunk recently, but they recovered.
In other news TSLA is down. My buy signal is at 180 or so. I stull think they are overvalued, but they are taking the Bezos approach so there's strong upside potential over the long term. My guess is they will continue to experience setbacks on the car front due to increasing competition, so things like home batteries and such are probably not going to offset that for quite some time.
So I'm not buying, currently not picking any particular company, just adding to my ETFs.
In other news TSLA is down. My buy signal is at 180 or so. I stull think they are overvalued, but they are taking the Bezos approach so there's strong upside potential over the long term. My guess is they will continue to experience setbacks on the car front due to increasing competition, so things like home batteries and such are probably not going to offset that for quite some time.
So I'm not buying, currently not picking any particular company, just adding to my ETFs.
vpance
Member
The wealthy foreign investors have been at it for a while now. First the HK Chinese and now mainland. Young people would be better off renting or living at home and dumping whatever savings they have into equities, I guess.
Ether_Snake
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Foreign buyers being responsible for the bubble is a myth, show me credible numbers. It's irresponsible average joes buying en masse because of the media hype, lack of financial litteracy, and their ego.
BTW, CAT is at an interesting price. Could go lower if oil goes back down, but it is high on my list in terms of potential short-term returns, something like 15% in maybe two months. I'm still not quite interested in stock picking right now, but I see nothing else that may have gone undervalued enough recently.
BTW, CAT is at an interesting price. Could go lower if oil goes back down, but it is high on my list in terms of potential short-term returns, something like 15% in maybe two months. I'm still not quite interested in stock picking right now, but I see nothing else that may have gone undervalued enough recently.
percephone
Neo Member
Thanks! I got it today and it's a pretty big book but it seems to have what i wanted and more.
rokkerkory
Member
Gene up 36% today
Just reclaiming what it lost yesterday...was up 66% at one yesterday then dropped like 30%.
I've owned BAC for a while now. I've sold and rebought a couple of times. At $16.61 it a place where if you are going long I would say to buy. But really if it has a good run up I will sell and if goes down I might buy some more. I believe many analyst have a buy rating on it now.
rokkerkory
Member
What do you guys think of buying Yamana Gold?
015-2017 OUTLOOK HIGHLIGHTS
Portfolio with stable production, cost and cash flow base supports focus returning to growth in mineral reserves and mineral resources, and production.
2015 total expected production:
9% increase in gold only production to 1.30 million ounces;
9.7 million ounces of silver; and
120 million pounds of copper.
http://finance.yahoo.com/news/yamana-gold-announces-fourth-quarter-231040406.html
015-2017 OUTLOOK HIGHLIGHTS
Portfolio with stable production, cost and cash flow base supports focus returning to growth in mineral reserves and mineral resources, and production.
2015 total expected production:
9% increase in gold only production to 1.30 million ounces;
9.7 million ounces of silver; and
120 million pounds of copper.
http://finance.yahoo.com/news/yamana-gold-announces-fourth-quarter-231040406.html
Ether_Snake
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percephone
Neo Member
When it's in the news, it's already overpriced
Ether_Snake
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With all this talk of every tech companies making cars, I'm curious what it will do to the TSLA stock.
Ether_Snake
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I see, interesting.
Btw I'm wondering what to do with DIG now that I'm at break even. I think it could fall again, this seems to be a bull trap.
Btw I'm wondering what to do with DIG now that I'm at break even. I think it could fall again, this seems to be a bull trap.
greyshark
Member
Hey everyone!
So I was wondering, is it cool to ask a credit card question in here? This seems to be the closest thing to a Finances-GAF
Here's a better thread for Credit Card questions:
http://www.neogaf.com/forum/showthread.php?t=763370
DeathoftheEndless
Crashing this plane... with no survivors!
Do you guys think investing in a mutual fund a good idea? If so, any recommendations?
Mutual Funds aren't an inherently bad idea, but be aware that they often have high management fees. Not usually upfront, but they skim a certain amount off the top every year. So look into that before investing in one. Also look into their investing strategy and make sure their strategy matches up with the amount of risk you are willing to take.
People here often recommend index funds as they have lower fees and provide good diversification. http://www.investopedia.com/terms/i/indexfund.asp
I personally invest in the "Balanced Growth" one of these https://www.tangerine.ca/en/investing/investment-funds/investment-fund/index.html . Of course these are Canadian.
If you have a good amount of money you would be better off investing in ETF's instead, which are like mutual funds, but are traded on stock exchanges like any other stock. They tend to have much lower management fees than mutual funds, but you will have to pay a commission when you buy units. In my personal situation these commissions would be greater than the management fees on my mutual funds, which is why I'm personally using those instead. Of course when I've saved up enough money I'll move into ETF to save on management expenses.
http://canadiancouchpotato.com/couch-potato-faq/
The above is a pretty good site about index investing, Canadian of course, but much of the advice should be applicable anywhere.
check out investopedia.com
I don't get why crude is trading over $40...
Inventory is rising and supply is increasing
only the shitty fields have been closed
http://www.reuters.com/article/2015/02/18/us-markets-oil-idUSKBN0LM03T20150218
Inventory is rising and supply is increasing
only the shitty fields have been closed
http://www.reuters.com/article/2015/02/18/us-markets-oil-idUSKBN0LM03T20150218
DeathoftheEndless
Crashing this plane... with no survivors!
Alright, thanks for the info and the links. I'll look into it.
Ether_Snake
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I don't trust this so much yet, because how come no one saw it coming? Technology got magically better overnight? There's really no logical explanation why prices would have gone down so quickly. An increase in supply would have been gradual and foreseeable. The only thing that can really justify this is a huge drop in demand, or the numbers are manipulated similarly to how gold/silver/etc was. Maybe manipulating the oil price is the new thing after being caught manipulating the other commodities' prices.
Or, prices were always hugely inflated and whoever was responsible for that stopped doing that.
Whatever the case, the current explanations don't make sense for such a rapid drop.
Meanwhile: Did the Fed Just Enter the Currency Wars?
I wonder, if the USD goes down, maybe goldbugs will finally see gold go back up, cause I don't see any place else than the USD to put my money.
Unknown Soldier
Member
Today's sobering thought:
If I had bought $1,000 of TSLA anytime between 2010 (IPO) and 2013, I would have $200,000 now.
Hindsight is always 20/20, and it hurts like a motherfucker
Nothing, the Chevy Volt has been on the market since 2011 and it's done fuck-all to slow the exponential rise in TSLA's value.
Now the rumors that Apple is working on the iCar or is interested in acquiring TSLA straight up for what Tim Cook probably considers pocket change, that's the interesting bit. Apple doesn't know shit about designing or making cars but they would be very scary to the world's automakers if they owned TSLA and instantly had the knowledge and the factory that Elon Musk's company has built from zero in just five years.
If I had bought $1,000 of TSLA anytime between 2010 (IPO) and 2013, I would have $200,000 now.
Hindsight is always 20/20, and it hurts like a motherfucker
Nothing, the Chevy Volt has been on the market since 2011 and it's done fuck-all to slow the exponential rise in TSLA's value.
Now the rumors that Apple is working on the iCar or is interested in acquiring TSLA straight up for what Tim Cook probably considers pocket change, that's the interesting bit. Apple doesn't know shit about designing or making cars but they would be very scary to the world's automakers if they owned TSLA and instantly had the knowledge and the factory that Elon Musk's company has built from zero in just five years.
Ether_Snake
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No, you would have around $8000-10000.
mmazurkiewicz
Member
yeh i was just about to post that.
if you had purchase 1000 shares for $30k, then yeh, you would have made around $150k.
but yeh, i distinctly remember following tesla around when it was $32 to $37 and thinking about purchasing and never did. it had one good earnings in Q2 of 2013 i think and it was at $200 so quickly.
if you had purchase 1000 shares for $30k, then yeh, you would have made around $150k.
but yeh, i distinctly remember following tesla around when it was $32 to $37 and thinking about purchasing and never did. it had one good earnings in Q2 of 2013 i think and it was at $200 so quickly.
Unknown Soldier
Member
Also I'm bad at math, thanks for the correction
I remember one month it was at $40 and the next month it was over $100
mmazurkiewicz
Member
i still haven't figured out what the hype stock of 2015 will be.
2013 it was netflix, 2014 it was tesla. anyone have any thoughts?
2013 it was netflix, 2014 it was tesla. anyone have any thoughts?
If we knew it would be too late wouldn't it?
mmazurkiewicz
Member
not really. i'm not necessarily talking a straight shot up thru the year. some stocks get so much hype around them that they make for great trading opportunities both up and down in large percentages.
theres always a hype stock. prior to the other mentions, it was apple for a few years, and it could be apple again this year.
theres always a hype stock. prior to the other mentions, it was apple for a few years, and it could be apple again this year.
Ether_Snake
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Of course, Solar City posts a loss, so down it goes. At least installations are going up.
So I just learned about bonds, and is there any reason NOT to buy them as opposed to having your money sitting in the bank? I mean, you're guaranteed your money back, and you get interest on top of that, right?
Thanks! I was actually reading some of the beginner stuff earlier. Seems like a helpful place to start.
Thanks! I was actually reading some of the beginner stuff earlier. Seems like a helpful place to start.
iShares has a new All-World ex Canada ETF that appeals to me because it includes exposure to mid and small caps as well as emerging markets, which my current portfolio doesn't have but I'd like to have. And it's MER is 0.2% which is a lot lower than my current portfolio.
I figure towards the end of 2015 I'll sell my Tangerine mutual fund units and take them out of my TFSA so I can have that money/contribution room to move into ETF's with in 2016. I'm considering doing a 80/10/10 split between XAW, a Canada total market ETF, and a Canadian bond ETF.
EDIT: As per an RBC page about ETF's
Ether_Snake
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How much would you be weighted in Canada? I'm 100% out of it now. My reasoning is there is absolutely no reason for me to be heavily weighted in Canada just because I live here. So I'm invested in the US and Europe. Might diversify more later, but see no reason to right now.
Vanguard has VXC that does the same https://www.vanguardcanada.ca/individual/etfs-detail-overview.htm?portId=9548
The rate is a bit higher at 0.25%
I don't own it simply because it's 50% US, and I'm already heavily invested in the US.
Otherwise you have VDU which excludes north america, I might buy that later: https://www.vanguardcanada.ca/individual/etfs-detail-overview.htm?portId=9558
edit: So tempted to got OTC and buy some Adidas, I can't believe they won't rebound, and they are up 7% since the start of the year. They got challenges, but the new direction on the high end collabs are really good, and Kanye will give them good publicity they have been lacking. Can't believe UA is so popular now, their market cap is as high as Adidas, seems to be just a name thing to me "I'm wearing armor, this stuff is strong!". Their t-shirts are of the worst quality. I think I could get a 20% return this year alone on Adidas, but maybe UA will just manage to stand in their way. Damn you DDD, SSYS, SCTY for burning my money.
Vanguard has VXC that does the same https://www.vanguardcanada.ca/individual/etfs-detail-overview.htm?portId=9548
The rate is a bit higher at 0.25%
I don't own it simply because it's 50% US, and I'm already heavily invested in the US.
Otherwise you have VDU which excludes north america, I might buy that later: https://www.vanguardcanada.ca/individual/etfs-detail-overview.htm?portId=9558
edit: So tempted to got OTC and buy some Adidas, I can't believe they won't rebound, and they are up 7% since the start of the year. They got challenges, but the new direction on the high end collabs are really good, and Kanye will give them good publicity they have been lacking. Can't believe UA is so popular now, their market cap is as high as Adidas, seems to be just a name thing to me "I'm wearing armor, this stuff is strong!". Their t-shirts are of the worst quality. I think I could get a 20% return this year alone on Adidas, but maybe UA will just manage to stand in their way. Damn you DDD, SSYS, SCTY for burning my money.
So I'm playing this fake beginners investing game on Investopedia, and there's a $30 commission fee? So I can't just buy and sell stocks willy nilly. I'm guessing it's best to invest in one/two companies instead of a bunch with the fake $10K? I still need to read a bunch of tutorials. I don't even know who to invest in.
anonymous_abc
Member
Yes, buying stock for 50$ when the fees are a sizeable chunk of that is silly. Now the question when it starts being 'worth it' really depends on how long you plan on holding the assets and how much movement there is in a given stock.
Personally I would say anything where the one time cost is more than 2% is inadvisable, obviously the lower the better. If you want to really buy and sell on a very regular basis that is far too much!
rokkerkory
Member
Watch out or GENE!!!
If you're talking about domestic bonds for a stable country, then yes, you're pretty much guaranteed to get your money back, but that's not the case for all bonds in general.
In theory, you should always get your money back but in practice, that's only the case when the entity that sold the bond is solvent. There is always a default risk, but you can minimize that risk if you choose carefully what you buy.
Basically, you'll be fine if you stick to government bonds ex-Greek ones, and corporate bonds of highly-rated cash cows. Just don't go out and buy junk bonds yielding 12% and you won't have anything to worry about.