Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. texasraider

    texasraider thanks
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    They're an E&P but I don't know anything about them
     
  2. Jax Teller

    Jax Teller Well-Known Member
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    What do y'all use to monitor stocks during the day on your computer? Just google finance or something like that?
     
  3. Jax Teller

    Jax Teller Well-Known Member
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    Bought some shares, figured why not. We'll see what happens with it.
     
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  4. tmbrules

    tmbrules Make America Great Again!
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    I misread your post, my bad.
     
  5. allothersnsused

    allothersnsused Wow that’s crazy
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    I use google finance, but I am not a finance nerd.

    http://finviz.com/ is kind of fun and I check it every so often
     
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  6. tmbrules

    tmbrules Make America Great Again!
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    Activ financial. Real time quotes and you can get futures / options and other stuff i dont use.
     
  7. tmbrules

    tmbrules Make America Great Again!
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    I like the finviz heat map.
     
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  8. Cheshire Bridge

    Cheshire Bridge 2017 & 2019 National Champions - Clemson Tigers
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    Gonna cop some MHR to go with banking cyprus
     
  9. Baseballman86

    Baseballman86 Well-Known Member
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    I just use Yahoo finance if I'm looking for anything in particular. Finviz is good if you want detailed numbers and numbers only without all the other crap. Other than that, I have every stock I own in my online brokerage tagged on Fool.com so anytime I get on that site, the ticker on the side has new articles for me.
     
  10. Baseballman86

    Baseballman86 Well-Known Member
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    Can somebody explain why the consensus is that tax-deferred accounts are superior to taxable or post tax accounts? I don't disagree, it's just that the very basic logic I always see doesn't necessarily explain it in full. I get that "X in a tax-deferred account might equal $400k after 20 years whereas it might equal $300k in a taxed account" or whatever, but isn't it also true that you then have to pay taxes on the $400K but wouldn't on the $300K in that example?? Does the math show that the extra earnings from tax-deferred would outpace the taxes you pay on withdrawal and come out ahead of post-tax savings?
     
  11. The Banks

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    Doesn't a lot depend upon your income level when you put it in versus when you take it out?
     
  12. DollarBillHokie

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    Yes. It's a pretty simple analysis to run in Excel. I did it last year when I needed to decide if I wanted to max out the 401k or put the money in a taxable account. Obviously, there are a lot of assumptions but for some one my age (20s), forecasting my future tax rate any differently than my current tax rate was a waste other than to see how it impacts the analysis.
     
  13. DollarBillHokie

    DollarBillHokie Usher is the worst
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    I have a separate question for anyone near or at retirement or who knows tax implications of retirement accounts. Do you get to use a dividend tax rate on dividends accrued in a 401K or do you have to use your marginal rate on the entire portfolio?
     
  14. Frank Martin

    Frank Martin tough love makes better posters
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    You also pay taxes on all money you put in and growth in the 300k account.

    When you're talking about something where you're aiming to make 6 or 8% each year. Even an extra 15% makes a big difference.

    I personally use a taxable account instead of a tax-deferred account for everything outside of my pension. I'm still in the 15% tax bracket so I pay zero taxes on capital gains or qualified dividends. In my circumstance it makes no sense to put the money in an account I can't touch until I'm 59.
     
  15. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Yeah. They have really great acreage (they produced the best Utica well ever last year), but they have awful management. Their CEO was the one that was ran off from Chesapeake I think. I imagine they'll get bought out at some point.

    It's just so cheap right now...
     
  16. texasraider

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    Great acreage with shitty leadership. Sounds like almost every E&P
     
    #5066 texasraider, May 15, 2015
    Last edited: May 16, 2015
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  17. Jax Teller

    Jax Teller Well-Known Member
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    Sounds like something I can their a few hundred dollars at and see what happens.
     
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  18. Baseballman86

    Baseballman86 Well-Known Member
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    ZOES stock dropping a bit, may be worth keeping an eye on as a buy. Earnings coming up in about 2 weeks so I'm planning to wait that out, but anything in the $20s seems like a good value to me based on what the stock has been doing.
     
  19. Cheshire Bridge

    Cheshire Bridge 2017 & 2019 National Champions - Clemson Tigers
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    This summer is gonna be rough. Why are good stocks to buy in a bear market?
     
  20. allothersnsused

    allothersnsused Wow that’s crazy
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    You think we're headed for a correction?
     
  21. Frank Martin

    Frank Martin tough love makes better posters
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    Can't decide if this is a bad thing or good thing. Would hate to lose the value in my current investments, but like the idea of buying cheaper stocks through robin hood.
     
  22. I'll Give You Asthma

    I'll Give You Asthma speak hate, get a plate, eat cake...bitch
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    If you're hunting for short-term profits in a bear market then it's probably easier to identify short opportunities instead of going long. I've been keeping an eye on companies who have been getting aggressive with share buybacks since the end of the last round of QE.

    Buybacks can be a good thing if you feel your company is truly undervalued at the time of re-purchase. It can also wreak of desperation, as it is often a sign of a company trying to "artificially" inflate their ratios to make them look more attractive. Buybacks also tell us that the company cannot currently invest their cash flow effectively, so they just use it to buy up their own shares.
     
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  23. Cheshire Bridge

    Cheshire Bridge 2017 & 2019 National Champions - Clemson Tigers
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    yea. We have to have one sometime and I think that rates will increase this summer.
     
  24. Bruce Wayne

    Bruce Wayne Billionaire Playboy
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    Granted my knowledge on the matter is novice at best, but anything I've read about that says September is the absolute earliest the Fed will raise rates
     
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  25. allothersnsused

    allothersnsused Wow that’s crazy
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    I refinanced my student loans to a floating rate, and will have them paid off by next September, which is around the same time I'm looking to buy a house. It would be very convenient for me if we could wait for a rate increase until then. Thanks.
     
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  26. The Banks

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    Etsy dropping hard. Started at 30 at it's IPO, now down to 16
     
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  27. Frank Martin

    Frank Martin tough love makes better posters
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    I've never understood how a stock can be valued at $16 for the IPO then open at $32 its first day of trading.
     
  28. Jax Teller

    Jax Teller Well-Known Member
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    MHR not doing well either. Well it wasn't a huge investment anyways.
     
  29. tmbrules

    tmbrules Make America Great Again!
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    Lots of different reasons but one reason is to reward the investment bank and the initial investors for doing the syndicate.

    I, for one, think its a bit of a good old boy system, but if it works for the company issuing the stock then thats all that really matters.

    There are ways to have a better price (dutch auction) but sometimes i believe this causes the stock to lose its luster and not get as much press and therefore might not get some of the hype.
     
  30. Frank Martin

    Frank Martin tough love makes better posters
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    Yeah obviously it's crony capitalism.
     
  31. tmbrules

    tmbrules Make America Great Again!
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    I dont think its crony capitalism at all. The company issuing the stock has a lot of control over how the IPO is issued. When a stock is issued and the price jumps there is a lot of free advertisement and press. Companies obviously see value in the current process or else they would change it.

    Also, there are holding periods for anyone getting in on the IPO so they need to be compensated for that risk.
     
  32. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    It's not going to do well anytime soon unless they get bought. Natural gas prices need to come up for them to turn around.

    They're planning on picking up more rigs next month though which seems interesting
     
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  33. Jax Teller

    Jax Teller Well-Known Member
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    Yea it was only a $300 investment so I'll just keep on to it and see what happens. Not like I was banking my retirement on it.
     
  34. texasraider

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    Got a tip on SRPT last week from a friend who heard it from another friend. Kicking myself for not buying.
     
  35. Baseballman86

    Baseballman86 Well-Known Member
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    I'm really watching this one close. When it shows any sign of a bottom I'm probably going to jump in. Going to force myself to not try to time it though, did that with SDRL and though I profited, I missed on a sizable amount of additional profit.
     
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  36. Rabid

    Rabid Fan of: DQ Treats
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    [​IMG]
     
  37. beist

    beist Hyperbolist
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    Damn... I wasn't allocated any SHOP shares. If only I had another million or so in my account...
     
  38. Frank Martin

    Frank Martin tough love makes better posters
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    Apparently you don't.

    Not sure how you can construe the situation any other way. The government allows to stock to intentionally be priced lower than its value so certain people make a large profit for doing nothing other than having access to the stock.
     
  39. beist

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    I'm waiting for the lockup period to end. Pre-IPO investors can't sell for 180 days (I believe) from the IPO date. My bet is that several big positions will be liquidated then, which could coincide nicely with a fall rate hike.
     
  40. Room 15

    Room 15 Mi equipo esta Los Tigres
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    I didn't know that was a thing. My scheme of miraculously getting in on an IPO then selling the next day is foiled
     
  41. Love Tractor

    Love Tractor Well-Known Member
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    Pretty sure this is all going to be ordinary income at your current rate. You have to be thoughtful about what types of securities are placed in tax qualified accounts so that you can take advantage of cap gains etc.

    At least I'm pretty sure on that. Lots of smart people in this thread so they'll correct me if I'm wrong.
     
  42. Rabid

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    As money is withdrawn from a 401k it is taxed as ordinary income. It doesn't matter how the balance accumulated or even if it is a gain/loss. The IRS only cares about the amount and timing of the payment.
     
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  43. beist

    beist Hyperbolist
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    Thats just for the founders/VC guys/other money that comes in before there is even talk of going public. If you as an individual can get in on an IPO you can sell whenever you want (although I just learned that the major brokerages all have rules against "flipping" IPO shares like that - some going as far as prohibiting you from participating in IPOs ever again if they catch you). I was able to get in on the ETSY IPO and I sold that morning.
     
  44. Baseballman86

    Baseballman86 Well-Known Member
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    Is there an account that exists for people to open for a kid or grandkids and use it for that kid's eventual retirement? Similar to a trust fund I guess, but can't be accessed until later. I was just thinking that 5-10K or even a lot more in your 50s or 60s is probably nothing, but if you opened an account for a grandchild and let that money compound for the next 60 years they'd be millionaires. Surely there is something that allows this?
     
  45. tmbrules

    tmbrules Make America Great Again!
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    I dont really know but would look into 1) custodial accounts (USGMA) 2) possibly a 529 plan might be able to accomplish something like that. I know that 529's can be passed to siblings not sure about grandkids.

    I personally like the 529 plan because fuck leaving your kids a shit load of money and having them turn into spoiled drug addicts. A 529 plan is like giving them a free education and then its up to them to do the rest.

    I respect Bill and Melinda Gates in the way they are leaving money to their children ($10 mill / per). "Give your kids enough money to do something, but not too much to do nothing." I know $10mill is a ton of money put its the principle im talking about. And Relative to what they could receive its not much.
     
    #5095 tmbrules, May 21, 2015
    Last edited: May 21, 2015
  46. Rabid

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    We just finished our estate plan and that was a primary concern since our life insurance is a big enough dollar amount for either of us to remain fairly comfortable while raising kids alone but it would be a windfall if we both died and both policies got paid out. Our kid(s) (currently only one but written in a manner that it doesn't have to be changed as more are born) would have a trust created for them upon our death. The instructions for the trustee are to pay for their education and only enough to help them be productive members of society. They wouldn't get the inheritance from the trust until the youngest turns 30 so our thinking was they should be well on their way to not needing the money.
     
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  47. leroi

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    this is a bullshit fantasy among homeowners, real estate agents, mortgage salesmen, homebuilders, and anyone else who stands to gain from people buying.

    in reality most landlords price as much as the market will bear, just like any other type of market.

    I've seen a lot of jackasses out there attempt negative gearing, with the assumption that home prices were going to start rising again "any day now."
     
    #5097 leroi, May 22, 2015
    Last edited: May 22, 2015
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  48. Frank Martin

    Frank Martin tough love makes better posters
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    Probably would be best to just set up an IRA in your name then leave it to them when you die.*

    *Assumes you will be dead by the time your grandchildren are 60.
     
  49. Baseballman86

    Baseballman86 Well-Known Member
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    Watching a show about tiny houses right now and i can't help but think that anybody getting in on this trend is either A) going off the grid and wants to retire immediately or B) is in super debt and/or ridiculously off track for ever being able to retire and has to do something drastic. This family of 4 is about to move from a 4,000 sq ft house to a 400 sq ft house.
     
  50. Frank Martin

    Frank Martin tough love makes better posters
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    Yeah it doesn't make sense to me for a family. But at the same time I think there is a lot of disconnect between this board and reality most people live.
     
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