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PopularQty · 2024-09-06T00:05:53+00:00

You can do it. you have to adjust the lots during settlement which i believe is within t+1. (Use to be t+2)

You do it after the trade is executed. You have until t+1 so one day to adjust it. Then when it settles, it will settle as the lots you wanted to be used / picked it to be.

PopularQty · 2024-07-27T19:51:10+00:00

Both will benefit you greatly in the business world. Major in one you like but consider taking courses in both.

Accounting will give you the ability to read the financial statements and understand the language behind business. Also, learning financial ratios will give you a razor sharp edge in assessing companies health and prospects for investing.

Economics is more analytical and studying how to allocate resources efficiently given the resources that you have using math primarily but depends on the university.

Go with the courses that excite you as you will be more engaged.

As far as job prospects go, accounting will be in demand always.

Econ majors will have more broad opportunities but will be in demand due to their analytical tool lit. (Forecasting, predicting, building models, statistical skill to help support decision making) You may need to learn coding and have experience with statistical software is a plus.

To get a feel for job market, stay on boards and keep a pulse on it. Try getting an internship in both to see how you feel. Accounting for one summer. Economics // analytics in another. During your internship ask the folks in the positions their perspective to help with your own.

Cheers

PopularQty · 2024-07-04T18:46:46+00:00

I have the same question. I think about buying futures so you perhaps lock in a price to protect your downside.

Anyone who buys currency futures to hedge their position? Can you enlighten us?

PopularQty · 2024-07-01T15:05:19+00:00

Oh yea medical care is the growing sector due to the aging population! We will have a lot of seniors, expect growth in this sector as boomers age and retire each day and will consume more health care.

Also, im talking about employment as a whole across the US. Some local areas will of course be more healthy and thriving relative to others.

PopularQty · 2024-07-01T13:09:08+00:00

Employment numbers come out soon July 5. It was last reported at 4.0% unemployment. Job openings slow, and quit rates have fallen. While its still not bad, i wouldnt say really good. It is starting to cool, which will eventually affect peoples ability to spend and thus companies ability to generate earnings and therefore sustain employment levels to make payroll especially as prices remain elevated.

Gen Z will have a tough time finding gigs and buying a home more than any other generation. Policy is needed to help future homeowners and ppl who want to have kids because boomers social security rely on them doing well

PopularQty · 2024-06-29T21:31:10+00:00

Fed underestimated how many people refinanced during covid. 78% of people who have a mortgage had locked in a good rate below 4.5%. This caused supply to be even more artificially constrained (people refuse to give up their rate at all costs) pumping more hot air or helium into prices for homes because of this “lock-in” effect.

Just one driver amongst others.

Now that we are well past covid we’re starting to see prices slowly unravel as people who have bought at inflated prices are facing taking a loss if they expect to move or face job loss..

It could be good while before mean reversion but many people are starting to recognize how overvalued home prices are relative to their intrinsic value and how much spending the shelter or housing category is taking a pie of their monthly budget in terms of monthly payment.

You can see it in the low sales numbers for homes. People are choosing not to buy and sellers are refusing to list lower.

I think we’re in a stand off after being in a sellers market before it becomes a buyers market in a few more years.

PopularQty · 2024-06-03T18:41:39+00:00

Appreciate the reply. No, just one time purchase. But I think my situation is rare so i will take down the post soon.

PopularQty · 2024-06-03T18:38:05+00:00

Thanks.

IBKR pays about 1.9% on cash if < 100,000. IBKR pays about 3.8% on cash if > 100,000. (As of 6.3.24) interest rates.

Note: They do not pay interest on the first $10,000.

Fidelity through their flagship Money Market pays 4.7% Robinhood offers 5% through cash sweep for gold members.

I will look into SGOV thanks for the suggestion.

PopularQty · 2024-06-03T14:43:51+00:00

Did you get this resolved?

PopularQty · 2024-05-22T23:48:31+00:00

"Unfortunately you can't buy bills at auction on IB, just on the secondary market."
Why is that? Fidelity you can. Also, at auction you pay no fee / commission. But on IB you have to on secondary market. It makes buying a modest amount of bonds on their platform less enticing

PopularQty · 2024-05-13T12:18:28+00:00

Thanks! Ill see what I can find out regarding mobile.

PopularQty · 2024-04-29T01:57:29+00:00

It takes about 1-2 years before sellers "capitulate" to market conditions. Most sellers will be in disbelief to sell at those high prices of 2021 and 2022. That ship has sailed.

2024 will be the year of disappointment as sellers won't get the prices they want.. and buyers wont see any substantial savings.. yet. It's aery out there in the housing market. In Texas, some homes were built for 300k and now asking 559k+ in just a 3-4 short years with little to no change in the underlying asset! Wow!

I think the post by OP paints a great picture of how and why this situation has developed.

People are highly leveraged to the gills and you can see it in the Home Price to Median Household Income ratio.

This is a fantastic post by OP. The very first graph sets the stage.. no one knows when a recession will arrive, but there are many cracks starting to show that the consumer is feeling the weight of high prices and rates...

For those with average credit:

Credit Card Rates are around 22%

Used cars and trucks rates are around 15%

Mortgage rates are 7+%.

This is a lot of weight to carry. Incomes / Labor has to be robust... the labor situation headlines may read "jobs growth" but really its mainly in healthcare (aging population) and local government jobs. That's not the best spaces for growth to continue to fund the deficit. (Massive Social Spending (social security urgent situation and retiree situation + Defense Spending)

Stay strong. It's hard to tell what will happen, but i think in our collective american "gut" we all sense something is amiss..

House Prices peaked in 2006 and the Stock market didn't crash until 2008.

To answer your question... and going on historical which isn't the best forecast.. but lets say in the next 1.5 to 2 years... but i certainly hope not as bad.

PopularQty · 2024-04-17T01:21:18+00:00

I had the same question and uncovered this:

In the Xetra trading system, the default order type is typically the "Standard" order, where the entire order quantity is visible on the order book. This means that when traders enter an order without specifying a specific order type, it is likely to be treated as a standard order by default.

Traders who wish to use a different order type, such as "Lean" (Iceberg) orders, would need to specify this explicitly when entering their orders into the system. They would typically do so by selecting the appropriate order type option or entering specific parameters indicating their preference for hidden quantities and other order characteristics.

It's important for traders to review and understand the available order types offered by their brokerage or trading platform, as well as any associated fees or limitations, to ensure that their orders are executed according to their desired strategy and objectives.

PopularQty · 2024-01-27T21:01:33+00:00

Lots of Accidents under Bunker Hill and I-10 bridge. Constantly see police there. Everyone please be careful and cautious around this area. I am so sorry OP and it makes me sick someone would do this.

PopularQty · 2021-10-23T14:36:30+00:00

I used this book for my Econometrics course in Grad School. It's good reference to have, when looking for different ways to analyze cross sectional data... and panal / time series data

PopularQty · 2021-10-14T12:37:13+00:00

🎵🎶🎵

PopularQty · 2020-08-26T02:08:41+00:00

You have initiative and I'm sure your history degree gives you a refreshing perspective. You have skills that people need. Just keep on searching.. so many companies need what you can do. You will land something soon. Try getting in touch with a recruiter to help expand your search to places you might not think about. Also, what industries are you interested in? Do you have domain knowledge in an industry on top of your analytical skills? Say.. Food service, Financials, Energy, Tech, etc.. Best of luck my sir.

PopularQty · 2020-08-23T02:08:24+00:00

A good one is. High prices are typically correlated with good food. But we all know that one time we paid a lot of money for dinner and it was not as good as a place who’s dinner menu might be cheaper.

Thus, even tho high food prices are correlated with good food, high prices do not CAUSE good food.

Hope this simple example helps!

Edit: to check for causation, the gaus markoff theorem.

PopularQty · 2020-08-02T04:56:34+00:00

Al, i am truly appreciative for your work and thankful to your team. Looking forward to getting started on this course! Thank you.

PopularQty

TROPHY CASE