Official Investing Thread

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

  1. littletonbuff

    littletonbuff Well-Known Member
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    Denver NuggetsColorado BuffaloesColorado AvalanceDenver BroncosColorado Rockies

    I'm just curious, but why the Dorsey Wright Focus 5 ETF (Ticker FV)? I only ask because I have seen it mentioned as having a noticeable increase in terms of inflows/share creations lately (which was kind of surprising to me).
     
  2. Cheshire Bridge

    Cheshire Bridge 2017 & 2019 National Champions - Clemson Tigers
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    Clemson TigersAtlanta BravesTiger WoodsCollege Football Playoff

    Can anyone explain Greek Recapitalization to me in terms of how my Greek stocks will be devalued or split?
     
  3. tradercane

    tradercane Well-Known Member

    This market is collapsing again today. Good chance this is just the beginning of a nasty bear market.
     
  4. Frank Martin

    Frank Martin tough love makes better posters
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    South Carolina GamecocksBaltimore OriolesBaltimore RavensLiverpool

    Just my luck I get in the market to lose substantial money.
     
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  5. Jake Barnes

    Jake Barnes Team Mac OG
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    Tomorrow is a pretty important day near term for the market. The DJIA has been vascillating between 16k and 16.6k for a month or so, and there hasn't been a real dip below that level for several years outside of a day or two in August. If we have another down day tomorrow, we're in uncharted territory in terms of recent technical levels.
     
  6. littletonbuff

    littletonbuff Well-Known Member
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    There will be blood if the October lows are breached...

    You really think we are about to enter some 2000 or 2007 style epic bear market? I think that's pretty doubtful, though that is not to say I do not think equities could take it on the chin (to the point we get to the media's definition of a bear market, or 20% off highs).

    For long term investors, I think freaking out about anything above the prior long time highs on the SPX (from 2000 and 2007) is a bit premature. Hopefully people here/ITT know how to or have someone managing risk for you and you have already set some cash aside for when things settle down. If not, don't panic - chances are you're young and time (and the fact that in the long term markets go up) is on your side.
     
  7. tradercane

    tradercane Well-Known Member

    Its just a guess but I think we have a lot more to go on the downside. Probably wont be as bad as 2008 but I wouldn't be shocked if the Dow dropped to 14000 or below.
     
  8. littletonbuff

    littletonbuff Well-Known Member
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    1. I guess 14,000 makes some sense (that is more or less equal to the highs in 2007). That'd also be around a 23% drop off the highs. Media would call it a bear market, but I think that'd actually be pretty healthy for the market LT (so long as that 14k level held).

    2. This isn't meant as a slight or anything, more so just curious, but why look at the Dow as your main measure of the market? It just doesn't make a lot of sense to me as it more or less seems outdated.
     
  9. tradercane

    tradercane Well-Known Member

    I am just using the Dow since that is the benchmark most often referred to.
     
  10. tradercane

    tradercane Well-Known Member

    This market is incapable of even having an up day right now. The nasdaq in particular continues to get hammered day after day.
     
  11. Jake Barnes

    Jake Barnes Team Mac OG
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    The sooner we see a full capitulation, the better for the future. It looked like we might have one a few weeks ago before bulls stepped in and there was a mini-rally.
     
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  12. Jake Barnes

    Jake Barnes Team Mac OG
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    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    China reported its highest levels of consumer sentiment since May of 2014 yesterday; we can debate the honesty of the numbers, but it matches similar data here in the US and does a lot to dissolve the vague "China fears" that have helped unbalance the markets for a few months.
     
  13. Arliden

    Arliden Well-Known Member
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    Link to the article?
     
  14. Rabid

    Rabid Fan of: DQ Treats
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    My view last night.
    [​IMG]
     
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  15. tmbrules

    tmbrules Make America Great Again!
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    Well what did he say?
     
  16. Rabid

    Rabid Fan of: DQ Treats
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    He avoided any critiques of the current Fed/rate decisions. More or less commented on the international issues and increased volatility which may be giving them pause. He said the Fed rarely has info the market doesn't already know (exceptions would be from phone calls with other Central Bankers, leaders, etc). The most interesting part was just talking economic meltdown, TARP, etc.
     
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  17. tradercane

    tradercane Well-Known Member

    Terrible jobs numbers and the market is tanking again.
     
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  18. tmbrules

    tmbrules Make America Great Again!
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    How has trading been for you? Been very illiquid and tough for us for a couple weeks.

    Economy is very soft and I think the volatility is here to stay for a while.
     
  19. tradercane

    tradercane Well-Known Member

    Things have been slow for me and will most likely be that way until earnings season starts in a couple of weeks.
     
  20. je ne suis pas ici

    je ne suis pas ici Well-Known Member
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  21. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    Oil seems to be rallying of late ...

    Also hit 17,000 on the dow ...
     
  22. Dwight Schrute

    Dwight Schrute 7 out of every 10 attacks are from the rear.
    Florida GatorsTampa Bay RaysTampa Bay Lightning

    Yo do you work for DB?
     
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  23. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    It won't last. Oil that is.
     
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  24. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    I've been so tuned out the last few months all I see are the numbers, no context at all. Though 17k on the dow surprises me, feels like a big number considering the last couple months ...
     
  25. Rabid

    Rabid Fan of: DQ Treats
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    No. It was a conference they hosted.
     
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  26. Nashville Knight

    Nashville Knight Well-Known Member
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    I have gotten a bit of a late start to investing and need help/advice on opening up a Roth IRA.

    I am 28 and my company just started offering a 401K back in July with 50% match up to 4%. I am currently putting in the 4% in a balanced Vanguard target retirement investment option with moderate risk. I would like to open a Roth IRA and contribute ~3000-4000 per year but I have no clue which mutual funds or stocks to invest to balance against my 401K. I also have no clue which account provider to use? I was thinking of opening one up through Fidelity based on the some internet research. Thoughts?
     
  27. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    What's the target date on the fund? Should be something like 2045 or later (you're 28, so 30 more work years at least). That should skew you heavily towards stocks, which is more aggressive than moderate at this stage ...
     
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  28. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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  29. Nashville Knight

    Nashville Knight Well-Known Member
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    2050.

    Portfolio Analysis
    Composition as of 05-31-15 % Assets
    U.S. Stocks 57.4
    Non-U.S. Stocks 30.2
    Bonds 9.5
    Cash 0.9
    Other 1.9
     
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  30. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    That's the ticket :thumb:
     
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  31. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    It's is interesting how those target funds are putting 30-40% in intl stocks these days. feel like the # was 10% a while back ...
     
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  32. DollarBillHokie

    DollarBillHokie Usher is the worst
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    International funds have higher fees...
     
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  33. je ne suis pas ici

    je ne suis pas ici Well-Known Member
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    Target funds. MEH

    Amirite??
     
  34. tmbrules

    tmbrules Make America Great Again!
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    I like them. Its not a "cool" investment but I feel like they are pretty solid for a lot of people particularly if they don't want to pay a lot of attention to their investments.
     
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  35. allothersnsused

    allothersnsused Wow that’s crazy
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    Virginia CavaliersAtlanta BravesAtlanta HawksWashington Football TeamChelsea

    I'm 27. My 401(k) is in 50% domestic large cap, 25% domestic mid cap, 25% a target fund. Worth rebalancing with anything else? I basically just went with stock funds with the lowest fees.
     
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  36. tmbrules

    tmbrules Make America Great Again!
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    I think you are good just like that.
     
  37. Frank Martin

    Frank Martin tough love makes better posters
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    Could use something like wealthfront or tradeking advisors where they control it for a small fee.
     
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  38. Nug

    Nug MexicanNug
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    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    28 years old, invest 6% of every paycheck into my company's 401k. No match unfortunately, only profit sharing.

    I know nothing about investing, am now taking the initiative to learn some things.

    Just purchased "A Random Walk Down Wall Street." Any other great books for beginners, or just start with that one?
     
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  39. tmbrules

    tmbrules Make America Great Again!
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    What Works on Wall Street, by James O’Shaughnessy
    One up on Wall Street by Peter Lynch.

    The intelligent investor by Benjamin Graham - this is not a beginner. Its long and a hard read but I think its a good investing book.

    Edit: A random walk down wall street is my favorite of those.
     
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  40. Frank Martin

    Frank Martin tough love makes better posters
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    funny how tmb has aged. Now I would rather read the investing thread than look at the threads than the random 18 year olds I've never heard of.
     
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  41. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    Actually just read a paper from Vanguard on why they've increased intl in their target funds. Basically, the market cap used to be so skewed towards US that owning 10% was pretty representative of the "total world market," but now it's almost 50/50 (us/non-us). That plus the costs of transacting intl stocks reducing over the years = a bigger allocation towards intl ...
     
  42. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    Michigan WolverinesDetroit Tigers

    I'm betting there's a lot of overlap there, so might be worthwhile to ditch the target for an intl fund or move everything in to the target. IMO it doesn't make sense to hold target funds with other indexed holdings :twocents:
     
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  43. tradercane

    tradercane Well-Known Member

    WMT is down around 10% after an earnings warning announced at their annual meeting.
     
  44. pockets

    pockets Lesser-Known Member
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    Alabama Crimson TideNew Orleans PelicansNew Orleans Saints

    The Five Rules for Successful Stock Investing is a good one too. The Intelligent Investor is my favorite. Both target Value Investors.
     
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  45. tmbrules

    tmbrules Make America Great Again!
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    NFLX is after the close today I believe. Last earnings we both made some money on options. Do you have an opinion this time?
     
  46. tradercane

    tradercane Well-Known Member

    I would lean towards calls if I had to make a choice but the premiums are just too high so I am staying away.
     
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  47. tradercane

    tradercane Well-Known Member

    The weekly 115 calls are trading around 4.75 so you would need NFLX to trade to 120 or so just to break even. With this stock it could easily trade to 125 or 90 if they beat or miss by a ton but I don't think the risk is worth the reward.
     
  48. I'll Give You Asthma

    I'll Give You Asthma speak hate, get a plate, eat cake...bitch
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    They are pointing the finger at wage hikes.

    lol
     
  49. tradercane

    tradercane Well-Known Member

    I just read that 11.5% of the float is short NFLX.