Massdriver Posted November 4, 2021 Share Posted November 4, 2021 On 11/2/2021 at 8:35 AM, CayceG said: Okay, fair I guess the weirdness to me is that everything else going on with stonks and tendies just obviously seems like outright gambling. What I'm doing--and mutual funds, stock funds, etc in general--SEEMS like you're putting money in the bank, but the volatility and risk is still there. The idea that the stock market just goes up and up and up is insane to me. How in God's name is this at all sustainable? It blows my mind. But I'm gonna ride this bull I guess. Are you purchasing the whole U.S. stock market (VTI) or Total World Stock Market (VT)? I ask because I think there is a good argument that the U.S. stock market is frothy. I've been more comfortable purchasing VT in my tax advantaged accounts and VTI and VXUS in my taxable which exposes me to international equity markets which I believe are more reasonably valued (up for debate), but at least it's more diversified. Always keep in mind that an index fund like VTI crashed 80% during the great depression. Japan's stock market still hasn't fully recovered from the crash in the 80s. We aren't at those valuations right now in the U.S., so it's not the same thing, but it's good to keep things in perspective. Once you toss money into an index fund, you should not plan on having to take it out for at least 10-20 years. I also have been purchasing value/factor funds from Avantis (AVUV, AVDV, AVES) since I believe they're just a better buy right now and factor funds have greater expected returns going forward, but it adds complexity to a portfolio which may not be desirable for a variety of reasons and of course there are no guarantees. Quote Link to comment Share on other sites More sharing options...
CayceG Posted November 4, 2021 Share Posted November 4, 2021 1 hour ago, Massdriver said: Are you purchasing the whole U.S. stock market (VTI) or Total World Stock Market (VT)? I ask because I think there is a good argument that the U.S. stock market is frothy. I've been more comfortable purchasing VT in my tax advantaged accounts and VTI and VXUS in my taxable which exposes me to international equity markets which I believe are more reasonably valued (up for debate), but at least it's more diversified. Always keep in mind that an index fund like VTI crashed 80% during the great depression. Japan's stock market still hasn't fully recovered from the crash in the 80s. We aren't at those valuations right now in the U.S., so it's not the same thing, but it's good to keep things in perspective. Once you toss money into an index fund, you should not plan on having to take it out for at least 10-20 years. I also have been purchasing value/factor funds from Avantis (AVUV, AVDV, AVES) since I believe they're just a better buy right now and factor funds have greater expected returns going forward, but it adds complexity to a portfolio which may not be desirable for a variety of reasons and of course there are no guarantees. VTI. My plan here is to let the few shares I have ride and buy an extra share every month or so. Then once the value of the shares equal the value of what's left on my home loan I cash out and pay off the house. I'm thinking that's in the 10-15 year window. 1 Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted November 4, 2021 Share Posted November 4, 2021 I have VXUS as my world exposure and it has done jack shit in the years I've had it. It has become smaller and smaller part of my portfolio just because everything else has lapped it. I still keep it just for safety I guess but it is an annoying what that money could have done. At least the dividend is kinda fat. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted November 5, 2021 Share Posted November 5, 2021 38 minutes ago, Air_Delivery said: I have VXUS as my world exposure and it has done jack shit in the years I've had it. It has become smaller and smaller part of my portfolio just because everything else has lapped it. I still keep it just for safety I guess but it is an annoying what that money could have done. At least the dividend is kinda fat. US equities have largely increased because of multiple expansion rather than earnings. In other words price has been going up quicker than earnings. US dividends being lower than Int is a symptom of this. Keep in mind that we are all investing for the long run. International has had a shitty decade. It hasn’t been good in my portfolio either. But US would have returned almost nothing (a bit over 1%) from 2000-2010 while international outperformed. That wasn’t that long ago. Beware of recency bias and chasing hot performing markets. What happens going forward is anyone’s guess. I prefer more diversification, but pick what you can stick with. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted November 5, 2021 Share Posted November 5, 2021 Its a $NET party and everyone is invited 1 Quote Link to comment Share on other sites More sharing options...
Brian Posted November 5, 2021 Share Posted November 5, 2021 21 minutes ago, Air_Delivery said: Its a $NET party and everyone is invited Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted November 5, 2021 Share Posted November 5, 2021 Seems Ford is on the way up. Decided to jump in with 4 shares. AMD is moving nicely. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted November 8, 2021 Share Posted November 8, 2021 On 11/5/2021 at 1:21 PM, Zaku3 said: Seems Ford is on the way up. Decided to jump in with 4 shares. AMD is moving nicely. Rivian IPO (and general EV) hype is likely going to keep pushing Ford Motors. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted November 8, 2021 Share Posted November 8, 2021 I bought 30 shares of F last week when it was around $17.90. I'm up $60! This will totally erase my nearly 100% loss on Blockbuster liquidation stock I bought back at the beginning of the year. 1 Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted November 8, 2021 Share Posted November 8, 2021 AMD is killing it Quote Link to comment Share on other sites More sharing options...
Brian Posted November 8, 2021 Share Posted November 8, 2021 2 hours ago, Air_Delivery said: AMD is killing it Great day. TTD is up big. NET keeps climbing. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted November 8, 2021 Share Posted November 8, 2021 @ManUtdRedDevils RBLX 1 Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted November 8, 2021 Share Posted November 8, 2021 Good times. Quote Link to comment Share on other sites More sharing options...
Brian Posted November 8, 2021 Share Posted November 8, 2021 7 minutes ago, Air_Delivery said: @ManUtdRedDevils RBLX Quote Link to comment Share on other sites More sharing options...
Brian Posted November 8, 2021 Share Posted November 8, 2021 9 minutes ago, Spork3245 said: Good times. Nice hit. You can buy another 3090 Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted November 8, 2021 Share Posted November 8, 2021 1 hour ago, ManUtdRedDevils said: Nice hit. You can buy another 3090 I don’t have a 3090 Quote Link to comment Share on other sites More sharing options...
Brian Posted November 9, 2021 Share Posted November 9, 2021 47 minutes ago, Spork3245 said: I don’t have a 3090 @Air_Delivery what do we got next coming up? Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted November 9, 2021 Share Posted November 9, 2021 42 minutes ago, ManUtdRedDevils said: @Air_Delivery what do we got next coming up? Nothing right now lol but I'll post em if I see anything. I will say that I do think mRNA is going to be massive but Moderna has already made a massive run so I dunno if its priced in as it is. Its dipped pretty good from its peak so it might be worth a look. Quote Link to comment Share on other sites More sharing options...
Brian Posted November 9, 2021 Share Posted November 9, 2021 4 minutes ago, Air_Delivery said: Nothing right now lol but I'll post em if I see anything. I will say that I do think mRNA is going to be massive but Moderna has already made a massive run so I dunno if its priced in as it is. Its dipped pretty good from its peak so it might be worth a look. Yea I have an eye on it. I might start a position on it if it gets around $200 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted November 9, 2021 Share Posted November 9, 2021 Reddit’s Latest Money-Making Obsession Is an Obscure Fed Facility FINANCE.YAHOO.COM (Bloomberg) -- Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?Do Prisons Deserve a Second Chance?COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe... THEY'RE OBSESSING OVER THE OVERNIGHT REVERSE REPO FACILITIES @rc0101 Quote Link to comment Share on other sites More sharing options...
Jason Posted November 9, 2021 Share Posted November 9, 2021 2 minutes ago, Commissar SFLUFAN said: Reddit’s Latest Money-Making Obsession Is an Obscure Fed Facility FINANCE.YAHOO.COM (Bloomberg) -- Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?Do Prisons Deserve a Second Chance?COP26 Protests: Inflatable Cows... THEY'RE OBSESSING OVER THE OVERNIGHT REVERSE REPO FACILITIES @rc0101 Reddit Karma Points Could Soon Amount to Crypto Tokens: Details Here GADGETS.NDTV.COM An engineer who recently joined Reddit tweeted that the platform wants to play a part in decentralising the Internet. Quote Link to comment Share on other sites More sharing options...
rc0101 Posted November 9, 2021 Share Posted November 9, 2021 4 minutes ago, Commissar SFLUFAN said: Reddit’s Latest Money-Making Obsession Is an Obscure Fed Facility FINANCE.YAHOO.COM (Bloomberg) -- Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size... THEY'RE OBSESSING OVER THE OVERNIGHT REVERSE REPO FACILITIES @rc0101 Yeah I’ve seen that! It’s amusing reading the replies and none of them have any idea what the hell it is! 1 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted November 9, 2021 Share Posted November 9, 2021 4 minutes ago, rc0101 said: Yeah I’ve seen that! It’s amusing reading the replies and none of them have any idea what the hell it is! Quote “Callingallnerdz” said hedge funds are overleveraged and if/when there’s a market crash, their collateral will fall, resulting in margin calls and requirements to close short positions that will cause shares of GameStop to “finally moon.” Quote This may be why some RRP watchers are still insisting that an eventual collapse in demand for the Fed’s facility will somehow harm hedge funds and send shares of GameStop soaring once again, even though hedge funds are not counterparties with the central bank. 1 Quote Link to comment Share on other sites More sharing options...
rc0101 Posted November 9, 2021 Share Posted November 9, 2021 How the hell do they get that they are over leveraged? I think the term “repo” throws them through a loop. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted November 9, 2021 Share Posted November 9, 2021 Just now, rc0101 said: How the hell do they get that they are over leveraged? I think the term “repo” throws them through a loop. That has to be the case - just like this guy's mom: Quote That’s similar to the way it’s being viewed by a Reddit user who goes by “oldmanrepo,” a retired repo trader named Tim who tries to stem the tide of misinformation that floods the forum. He’s no stranger to laymen misunderstanding the market: For the first five years of his career in repo, he was pretty sure his mother thought he was stealing cars. 2 Quote Link to comment Share on other sites More sharing options...
rc0101 Posted November 9, 2021 Share Posted November 9, 2021 1 minute ago, Commissar SFLUFAN said: That has to be the case - just like this guy's mom: That is amazing! Quote Link to comment Share on other sites More sharing options...
Guest Posted November 13, 2021 Share Posted November 13, 2021 I have been buying little crypto stakes this quarter and I remembered I have a Coinbase account from a few years back. This was the last transaction I made there in 2018 when I cleared all my positions. Should have had diamond hands Quote Link to comment Share on other sites More sharing options...
Jason Posted December 6, 2021 Share Posted December 6, 2021 Quote Link to comment Share on other sites More sharing options...
Chris- Posted December 6, 2021 Share Posted December 6, 2021 23 minutes ago, Jason said: Thank you, very informative post. 1 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted December 6, 2021 Share Posted December 6, 2021 4 minutes ago, Chris- said: Thank you, very informative post. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted December 6, 2021 Share Posted December 6, 2021 9 minutes ago, Jason said: Which stocks? Quote Link to comment Share on other sites More sharing options...
Chris- Posted December 6, 2021 Share Posted December 6, 2021 The big three are all up so it’s probably about some meme stock Jason has three shares of. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted May 11, 2022 Share Posted May 11, 2022 I'm close to negative on my brokerage account. Hopefully everything stays in the toilet until Friday when my retirement contribution goes in. Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted May 11, 2022 Share Posted May 11, 2022 15 minutes ago, Jason said: I'm close to negative on my brokerage account. Hopefully everything stays in the toilet until Friday when my retirement contribution goes in. I was trying to find this thread. I bailed on webull. Just gonna stock to sports betting. On a pretty good run and Idon't care enough about stocks to bother keeping on top of them Quote Link to comment Share on other sites More sharing options...
CayceG Posted May 11, 2022 Share Posted May 11, 2022 My VTI purchases have NOT done what I wanted them to. HODL and diamond hands, though, right? Every time I've bought shares, the price has gone down, leading me to believe I could get some on sale. Well... that is then followed by another drop. It seems not great. Maybe my saving grace is that I'm in the fund for another 20 years? Quote Link to comment Share on other sites More sharing options...
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