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Toalpaz posted:Folks, I have risk adverse family members looking to invest. I'm thinking about interesting ways to help them feel comfortable and hedged in the market without getting them to devote a large portion of their money to bonds. Yeah, this doesn't sound like a good idea... you don't want them to be checking on the markets every day to act or not act, that's a bad habit. Better off to "set it and forget it" for a minimum 10 year timeline. Unless you enjoy having those family members calling you in a panic when the market tanks. Low fee index fund? If they want to buy stocks, I'd look to dividend paying blue chips with maybe half of the $50k in Berkshire Hathaway B shares. Yes, I know Warren and Charlie aren't going to live forever and the stock can fall but over the next 10+ years you should be fine. Right now it's close to book value. My picks would be: Visa (V) & Mastercard (MA) because nobody uses real cash anymore. Coke (KO), cause everybody drinks the stuff. PepsiCo (PEP) for those that don't drink Coke & Nestle (NESN) cause everybody likes to eat food and chocolate. Be sure to note that the market is probably going to crash this year so it could be a time for bargain shopping on blue chips.
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Jan 13, 2022 22:57
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And stocks that are not blue chips, good old Vinco Ventures (BBIG) has a 50% gain this week. Interesting to see it bounce up, wonder if holders of AMC and Gamestop are moving to the next meme potential...
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Jan 13, 2022 23:00
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The last I checked into that amc was being denounced as a false hedgie messiah and they were all still waiting on the “real squeeze” for gme.
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Jan 14, 2022 00:29
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Toalpaz posted:Folks, I have risk adverse family members looking to invest. I'm thinking about interesting ways to help them feel comfortable and hedged in the market without getting them to devote a large portion of their money to bonds. Chuck it in a managed fund invested in line with their attitude towards risk (or lack thereof). Something actively managed will include hedging and all your relatives will see is a single number. We use a lot of multiblend and real return funds at work for older and more conservative clients and they perform pretty well given the low volatility.
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Jan 14, 2022 00:48
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Three-day market weekend coming up! Perfect opportunity to make a big gamble and watch it pay off on Tuesday after the extra buildup - or pull your money out before the big Tuesday dip! Or indulge in 24-hour crypto voyeurism by watching your casino picks do jack poo poo.
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Jan 14, 2022 06:37
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Was mildly amused to read the inflation news Back in aug-sept-oct news outlets were quietly publishing/bellyaching over the YoY monthly rate, but were quick to point out the annual average was 3.1% or whatever This month every article headline news is that YoY monthly rate is 7%, nary a mention of the average annual inflation number. That number is 4.7% And yeah loving the market this morning, LEAP prices are looking good today, really curious if Tuesday it's a bloodbath or not, but Friday is already looking ok
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Jan 14, 2022 13:12
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BKSY and RKLB have been getting crushed. I probably should not dip my toes in this pool but it's tempting.
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Jan 14, 2022 14:34
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It says bksy has five employees and 380 million valuation, are those numbers at all correct? Each employee is responsible for 78 million in shareholder value
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Jan 14, 2022 14:53
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Hadlock posted:It says bksy has five employees and 380 million valuation, are those numbers at all correct? Each employee is responsible for 78 million in shareholder value Well all their hardware and buildings have value too. Also the patents and stuff. Anything they own has value and can be sold to get money back to the shareholders if they go under. Not full value but some, it's a floor. (and share holders are the last paid back so have fun there).
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Jan 14, 2022 14:58
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I'm thinking RKLB if anything, it seems a little less likely to evaporate.
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Jan 14, 2022 15:22
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Made more bad decisions, averaging down on 1/2024 $25c $3.00 sofi, pretty sure that's near the (current) bottom, looking forward to losing more money and averaging down further
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Jan 14, 2022 15:49
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You can just like, buy something else man. Theres a number of other stocks that have been getting poo poo on
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Jan 14, 2022 16:28
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Hadlock posted:Made more bad decisions, averaging down on 1/2024 $25c $3.00 sofi, pretty sure that's near the (current) bottom, looking forward to losing more money and averaging down further Shares exist you know
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Jan 14, 2022 16:35
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drk posted:I think people shouldnt invest in things they dont understand, *especially* if they are risk averse. Can you really explain your "long volatility strat" in a way that makes sense? Yea but, I don’t understand the market at all.
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Jan 14, 2022 16:36
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Holding a quite frankly disgusting amount of AMC CFDs short right now and I think I'll be able to put down a payment on an apartment soon. This game is wild.
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Jan 14, 2022 16:39
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pixaal posted:Shares exist you know Yeah I'm still buying about 75 shares a month on top of 2-3 leaps, buying some spy cautiously when it appears to be down SoFi has been trading near $13.50 for weeks, but that's a new low for that leap In other news, JP Morgan ceo apparently did not see jpow jump high enough this week, revised his estimate to 6-7 rate hikes this year, from 4
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Jan 14, 2022 16:44
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Sold the rest of my TSN shares, looking at maybe selling my XOM and/or WFC shares in the coming weeks depending
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Jan 14, 2022 18:21
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I'm getting into NVTS -- I started designing w/ GaN for power stuff ~10 years ago and it's shown up in consumer land over the past 2 (chargers and stuff) and with EPC not actually going public, it's one of the few non-RF GaN semi plays that isn't already a major one (TI, etc.). Looks like they SPAC'd, but they also got onto NASDAQ at least. I hope they drop some focus on chargers and get to 600 / 1000 V parts for EVs. I'm just reminded of Transphorm now, but they are OTC... movax fucked around with this message at 18:33 on Jan 14, 2022 |
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Jan 14, 2022 18:31
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Sold a bunch of SHOP to take some gains because I think this thing has potential to drop even further as peeps seemingly run for the exits on tech. (Watch this poo poo rip now)
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Jan 14, 2022 20:29
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Be aware that Mercury is now in retrograde.
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Jan 14, 2022 20:52
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loving lmao SHOP ripped into close after I sold, ending up 4% lololol. Wow I’m cursed.
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Jan 14, 2022 22:15
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I believe in LCID long-term but think there's too much to batter it back down to $20ish short-term. I've (gradually, ever since the recent pop over $40) sold down to just 50 shares. Can't wait for it to moon next week as I'm stepping off the rocket!
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Jan 14, 2022 23:55
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Looks like number is feeling nostalgic for other previous start of trading weeks, harking back to Jan 7 and Dec 17
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Jan 18, 2022 11:26
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Microsoft just bought Activision-Blizzard. ATVI 
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Jan 18, 2022 15:04
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Whoreson Welles posted:Microsoft just bought Activision-Blizzard. WHoa. Congrats ATVI holders and goondolences to anyone that had bought puts, or sold covered calls on them.
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Jan 18, 2022 15:08
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I got very lucky to be holding long on this ATVI acquisition. I read the acquisition price is $95, but stock is currently at $85. Does that mean I should buy more? Or is there risk the deal may not go thru? Might be an opportunity for everyone else who missed it.
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Jan 18, 2022 15:56
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nnnotime posted:I got very lucky to be holding long on this ATVI acquisition. I read the acquisition price is $95, but stock is currently at $85. Does that mean I should buy more? Or is there risk the deal may not go thru? Might be an opportunity for everyone else who missed it. Always risk the deal fails for one reason or a another. You currently have shares, is just made $18 overnight, it will slowly close that $10 gap as the deal becomes final and draws near. Do you want to keep risking that investment? If the deal busts that will crater to some new lows as people exit that were only in for the arbitrage trade. This Risk 18 for 10 reward is purely what has happened in the last 24 hours and ignores the existing price of the share as that is more unknown but likely to get bit into. Obviously the deal could go through in 6-9 months, but do you also want to wait that long for that last $10?
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Jan 18, 2022 16:04
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After briefly looking into it the expected closing date is Microsoft's 2023 fiscal year. I don't exactly know what that means but you're likely going to have to wait a good chunk of time for the $95 so that has to be priced in somehow. Money that isn't growing isn't worth keeping in the market if it's part of your investments.
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Jan 18, 2022 16:21
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I forgot I’m still holding a NDRA bag from months ago. Everyone still holding or should I just take my huge loss?
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Jan 18, 2022 16:26
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Bought another 54 shares of the dumpster fire of Vinco Ventures (BBIG) @4.94. See what happens by the end of this week. Congrats to those holding Activision shares!
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Jan 18, 2022 16:36
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Rolo posted:I forgot I’m still holding a NDRA bag from months ago. Everyone still holding or should I just take my huge loss? I went ahead and threw in the towel on NDRA a few weeks ago. If it takes another big dip I may buy back in but most likely I am done with this particular iteration of $GOON.
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Jan 18, 2022 16:41
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Still holding $GOON unless and until the thesis changes (aka the company folds).
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Jan 18, 2022 16:54
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ARTPUP posted:Bought another 54 shares of the dumpster fire of Vinco Ventures (BBIG) @4.94. See what happens by the end of this week. Congrats to those holding Activision shares! People with a more technical background - is this good: 
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Jan 18, 2022 17:07
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Space Fish posted:Still holding $GOON unless and until the thesis changes (aka the company folds).
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Jan 18, 2022 17:07
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nnnotime posted:I got very lucky to be holding long on this ATVI acquisition. I read the acquisition price is $95, but stock is currently at $85. Does that mean I should buy more? Or is there risk the deal may not go thru? Might be an opportunity for everyone else who missed it. I personally just sold my shares because hey it's now priced in and the acquisition won't finalize until 2023 so anything could happen in the meantime. I'd rather take a guaranteed profit now instead of waiting for something that may or may not pay off.
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Jan 18, 2022 17:16
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Space Fish posted:Still holding $GOON unless and until the thesis changes (aka the company folds). The WSB Way
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Jan 18, 2022 17:45
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Welp. I had bought some ATVI at I think around 68 or something, but after some further bad news and it dumping further along with the rest of tech, I decided to sell it at a small loss because I figured it had more to drop and it wasn't bad to lock in that loss that year. The reason I bought it was because it was clearly insanely undervalued at that price point. Seems like Microsoft thought the same, tho I guess it's not terribly clear to me whether the price that Microsoft is paying is a discount price or if it ignores the recent scandal induced dip.
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Jan 18, 2022 17:52
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Space Fish posted:Still holding $GOON unless and until the thesis changes (aka the company folds). The fda still didn’t come through right?
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Jan 18, 2022 17:56
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Space Fish posted:Still holding $GOON unless and until the thesis changes (aka the company folds). Penny pharma crap can be remarkably resilient, at least as far as staying on a stock exchange goes. They don't often fold, at least not quickly; what usually happens is heavy dilution (NDRA has been doing this for two years) and reverse splits (you'll see one of these by Labor Day).
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Jan 18, 2022 18:37
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Agronox posted:Penny pharma crap can be remarkably resilient, at least as far as staying on a stock exchange goes. They don't often fold, at least not quickly; what usually happens is heavy dilution (NDRA has been doing this for two years) and reverse splits (you'll see one of these by Labor Day). NDRA already did a reverse split last year right?
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Jan 18, 2022 18:45
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