Omega Supreme Holopsicon
Banned
What if full self driving pans out? I think that's not taken into account. If they can bring robotaxis within a few years, that could be extremely positive.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Nikana
Go Go Neo Rangers!
So I have about 5K I plan on dipping back into the market after pulling out in my early 20s due to health issues.
I am looking at some "safe" bets in MSFT and SPY. What would the gaffers say about that?
Disney also seems like a no brainier for me. But it seems analyst's arent convinced?
I am looking at some "safe" bets in MSFT and SPY. What would the gaffers say about that?
Disney also seems like a no brainier for me. But it seems analyst's arent convinced?
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ManofOne
Plus Member
When investing always consider your risk. So while putting money in SPY and MSFT is generally considered safe. The problem there is that these two asset share a high correlation. So it won't make sense buying the two or having an equal weight for the two. MSFT makes up 5.6% of S&P weight.
You can have a higher weight for individual companies and lower weight in SPY.
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DarkestHour
Banned
Playing it safe has worked out well for me. I've only lost money on taking risks, but risks are also how you can make the big money. Like ManofOne said, consider your risk. Wife and kids? Low risk. Single with tons of spare cash and low to no debt? Go crazy.
Nikana
Go Go Neo Rangers!
Good to know.When investing always consider your risk. So while putting money in SPY and MSFT is generally considered safe. The problem there is that these two asset share a high correlation. So it won't make sense buying the two or having an equal weight for the two. MSFT makes up 5.6% of S&P weight.
You can have a higher weight for individual companies and lower weight in SPY.
So maybe I am confused on Index funds? I tend to find myself gravitating towards tech stocks as I am most plugged into that sector so perhaps I need to look at index funds in fields I am not plugged into?
I dont have a ton of risk other than my health sadly but its mostly on the upswing and I am properly insured now as before I was not. Also single AF.
ManofOne
Plus Member
Nothing is wrong with buying SPY but I just letting you know that an equal weight in MSFT and SPY may not be good since both share the same risk.
SPY Holdings. Microsoft shares 5.63% of SPY holdings and it's tracking error is ridiclously low compared to the median.
SoggyBiscuit
Banned
I'll forever hold this L with my 3 GME @ 144.
I can eat the loss, but I really did like the stock.
I can eat the loss, but I really did like the stock.
Nikana
Go Go Neo Rangers!
Oh OK, That makes more sense.Nothing is wrong with buying SPY but I just letting you know that an equal weight in MSFT and SPY may not be good since both share the same risk.
SPY Holdings. Microsoft shares 5.63% of SPY holdings and it's tracking error is ridiclously low compared to the median.
Whats your take on DIS by itself?
crazepharmacist
Member
I'm happy I sold my 3 shares of GME yesterday. Made like 200 bucks. Had a feeling it was over.
ManofOne
Plus Member
Excellent company. Its fairly valued at 175 so it around market perform now. Huge problem with legacy media and covid related costs going foward. Disney plus is a boon if executed properly.
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SoggyBiscuit
Banned
It's looking increasingly likely that the dream is indeed over.
Hoping for a slight bounce so that I can make a tiny bit of money, but it really isn't looking likely.
It'll only be a loss when I sell!
CrankyJay™
Member
oof at GME ...
I uh....you shouldn't "like" a stock. Remove all emotion from owning any of these equities. Anything above the assessed $20 market value for GME was a gift, anything above where you bought it was a gift. It was a gamble all the way playing chicken with the inevitable rug pull.
I uh....you shouldn't "like" a stock. Remove all emotion from owning any of these equities. Anything above the assessed $20 market value for GME was a gift, anything above where you bought it was a gift. It was a gamble all the way playing chicken with the inevitable rug pull.
ManofOne
Plus Member
Exxon edges past Q4 earnings expectations but full-year loss totals $20B
Feb. 02, 2021 8:25 AM ET Exxon Mobil Corporation (XOM)- Exxon Mobil (NYSE:XOM) +1.6% pre-market after reporting better than expected Q4 adjusted earnings while revenues fell 30.7% Y/Y to a below-consensus $46.5B.
- Exxon swung to a Q4 GAAP net loss of $20.07B, or $4.70/share, from net income of $5.69B, or $1.33/share, in the year-ago quarter.
- For the full year, it was the company's first annual loss as a public company, posting a net loss of $22.44B for FY 2020 compared with a full-year profit of $14.34B in 2019.
- But excluding a $19.3B writedown of U.S. natural gas and other assets, Exxon returned to an adjusted profit in Q4 to end a run of three consecutive quarterly losses.
- The company says it exceeded cost-reduction objectives, with FY 2020 capital spending of $21B coming in $2B below target, while cash operating expense fell more than 15% from 2019, of which $3B was a structural reduction.
- Q4 production fell 8.2% Y/Y to 3.69M boe/day, consistent with Q3; the company says output was reduced by government mandated curtailments.
- For 2021, the company expects cash flow will cover capex and maintain the dividend and strong balance sheet, assuming Brent prices of $50/bbl.
- Exxon says it elected former Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin to its board, and expects to take further action in the near-term to revamp its board.
- "The past year presented the most challenging market conditions Exxon Mobil has ever experienced," Chairman and CEO Darren Woods says, noting that cost structure improvements are expected to deliver structural expense savings of $6B/year by 2023 relative to 2019.
- Exxon yesterday announced the creation of a new business, ExxonMobil Low Carbon Solutions, to commercialize its low-carbon technology portfolio.
CrankyJay™
Member
Sorry man. This makes me think about pumpers on ST and WSB....anyone who says something is going to price $X is probably planning on selling for $X-Y and hoping bagholders push the price where they want it to go.
SoggyBiscuit
Banned
I'm more surprised the price didn't blow given the insane amount of traction GME was getting last week.
I'll echo
CrankyJay™
. Sentimentality has no place in this game. You're looking for a return on investment, not a moral victory.
CrankyJay™
. Sentimentality has no place in this game. You're looking for a return on investment, not a moral victory.
ManofOne
Plus Member
It always people at the top of the triangle that made money. I'm really sorry for the people who lost and MORE so people who lost their life savings. RH should have given ppl more time to adjust rather than shutdown
Edit: MM were losing money and their trading desk was under stress I imagine.
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Fox Mulder
Member
I never cared about fucking hedge funds or having diamond hands. I got some nice profit on a stock Robinhood gave me for free like a year ago and this also exposed them as a scumbag company I’ll never use again.
I am eating shit with AMC though.
I am eating shit with AMC though.
StreetsofBeige
Gold Member
If both AMC and BB drops back to pre-Reddit spike ($3 and $10 cdn), I might dip in.
ManofOne
Plus Member
not me padre. I’m sure that bid ask price is gonna fluctuate like crazy at the open
StreetsofBeige
Gold Member
Not today.
Later on after everything goes back to normal and the whole short/Reddit/Robinhood craze is over.
StreetsofBeige
Gold Member
I don't use RH as I just go through my bank. But always heard about the no-fee thing. MY bro told me about how it works and it seems sketchy as fuck where it might look nice you don't get a $5 commission fee, but on the backend the price you did the transaction is actually a touch worse than you think but you are hidden from the details.
That's all I heard.
finowns
Member
IM NOT GOING! But I have no expectations of GameStop.
finowns
Member
I bought 50 shares of SPRQ.
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ipukespiders
Member
This is looking more and more like it's gonna be a small footnote in stock market history.
HawksWinStanley
Member
Sorry for anybody in BCRX. I bought in yesterday so that's why it's down so much today. My bad.
CrankyJay™
Member
Haha, it's a long hold man. Can't stress about the day to day movements.
CrankyJay™
Member
A buddy alerted me to it last week but I didn't jump on it, was a little wary of how much it has moved up in the last month.
CrankyJay™
Member
Was it Solyndra?
BigBooper
Member
Don't think so, but my memory's not great.
Randall365
Member
If they picked a company that genuinely had underlying potential, then you never know. There will be people who made big money and I expect they will be keen to do it again.
StreetsofBeige
Gold Member
Didnt you short GME last week? You bailed? You shoulda held a few more days!
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ManofOne
Plus Member
The margin requirements were to risky to take on and I got rid of all my high volatility positions last week.
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StreetsofBeige
Gold Member
All these Reddit stocks crash and burning.
If any of you believe these stocks have some value, you can always buy them at the pre-Reddit price if it keeps crashing, assuming it won't go lower and it can only stabilize. Ballparked at this:
- AMC $2.50
- Blackberry $10 (about $12 CDN). BB was actually a bit lower but got bumped up due to patent and QNX news unrelated to Reddit
- My fav Trivago $2.10 - $2.20
- GME $10 for a while, then bumped to $20 in the fall due to MSFT. If you are bullish on latest news, I think it was $30 when the Chewy news came out
- NOK $4
If any of you believe these stocks have some value, you can always buy them at the pre-Reddit price if it keeps crashing, assuming it won't go lower and it can only stabilize. Ballparked at this:
- AMC $2.50
- Blackberry $10 (about $12 CDN). BB was actually a bit lower but got bumped up due to patent and QNX news unrelated to Reddit
- My fav Trivago $2.10 - $2.20
- GME $10 for a while, then bumped to $20 in the fall due to MSFT. If you are bullish on latest news, I think it was $30 when the Chewy news came out
- NOK $4
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HawksWinStanley
Member
Yeah I just feel personally responsible.
finowns
Member
I’m in NOK a 100 shares @ 5.95 I meme’d too hard.