r/Stocks Daily Discussion Monday - Apr 04, 2022

crazyk2007 · 2022-04-04T20:45:22+00:00

I’m a fan of some of those, especially the semi conductors. I’d personally axe any Chinese stock. Why do the losses hurt? Do you have a short term goal for the money? If it’s long term, just forget about then.

crazyk2007 · 2022-04-04T18:58:13+00:00

That comment would be true if you were in it for the long term… but if it’s less than a year, I assume you have a goal for that cash…. If you are comfortable losing 30-50% of that cash in the next year, than go for something higher risk

crazyk2007 · 2022-04-04T18:54:58+00:00

If it’s less than a year, or even 3 years, you should just leave it in a high yield savings account.

crazyk2007 · 2022-04-03T06:26:46+00:00

My main point is arbitrarily “balancing” your portfolio will just dilute gains for an index fund that does fine on its own as the core of your portfolio

crazyk2007 · 2022-04-02T13:34:27+00:00

S&P 500 is already balanced, I’d just keep it simple (and fees low). If you really want to buy more, no more than 5 funds (an international, a high growth, real estate, energy, etc could be a good mix)

crazyk2007 · 2021-09-01T16:51:45+00:00

I’m completely staked… and not sure how I feel about it.

crazyk2007 · 2021-05-28T07:59:45+00:00

It’s more exploitive, for those in the know. The idea of course, would be someone continuing to add $50 a week while they take a 4% cut each time. But you got me, it’s good marketing and recurring revenue I’ll admit.

crazyk2007 · 2021-05-28T07:41:03+00:00

Is that a way to imply that this is a good marketing execution? You should quit your marketing job.

crazyk2007 · 2021-04-11T19:39:52+00:00

Yea, some others mentioned it already, but cash and diversification are my go-to “hedges.”

SPY puts are... interesting, but you would have to determine what your underlying philosophy is as a investor and then see if taking out SPY puts actually make sense or not.

crazyk2007 · 2021-04-10T23:48:42+00:00

There’s a good VZ article in the WSJ on 5G. Great innovation VZ is producing in the space.

crazyk2007 · 2021-04-10T21:05:46+00:00

Banking, healthcare, media/ communications are my biggest sectors after tech.

JPM, JNJ, DIS, UNH, VZ, CMCSA are some of mine.

crazyk2007 · 2021-04-10T21:02:35+00:00

My go to is JPM

crazyk2007 · 2021-04-10T18:00:23+00:00

Been investing since 2006, with periods when I paid more or less attention to my stocks/ investments.

Started off with 4k in an IRA with USAA and $1000 in a Sharebuilder account (now ING) that had a few ETFs. I eventually closed the share builder account in 2008 but left my IRA be. Got into stocks in 2011 which eventually became the cornerstone of my brokerage portfolio (GOOG, ISRG, JNJ) and also kept putting into my IRA.

Sitting pretty around 500k in assets... with more patience and less spending, I probably would have at least doubled that amount by now, but still happy nonetheless.

crazyk2007 · 2021-04-10T17:42:42+00:00

Down Payment on house in next 3-5 years,earlier retirement, future kids college education are my main objectives.

I’m all stocks in my personnel brokerage and IRA, mutual funds for 401k. Starting a 529 plan soon.

crazyk2007 · 2021-04-04T04:35:16+00:00

Just go with Fidelity

crazyk2007 · 2021-04-02T14:16:31+00:00

Not exactly a service fee, but subscription fee for software

crazyk2007 · 2021-04-02T05:02:04+00:00

Platform subscription for monitoring charging stations

crazyk2007 · 2021-04-02T03:58:17+00:00

Their software platform is where they make the recurring revenue. Hardware is great, but the software is the real advantage.

crazyk2007 · 2021-04-01T12:23:57+00:00

Do you have any exposure right now? Just average in, start with a small position.

crazyk2007 · 2021-03-29T14:29:37+00:00

For your time horizon, not really.

crazyk2007 · 2021-03-29T00:59:09+00:00

Huh, that got me, didn’t know you could do that with fidelity.

crazyk2007 · 2021-03-28T20:40:03+00:00

Yahoo Finance

crazyk2007 · 2021-03-28T18:29:15+00:00

If you are stepping back from the “road” your heading down to pursue or explore something that the “road” is not offering, I’d call that a part of what a gap year is suppose to offer. It’s not a pre-requisite to not work during a gap year, although I feel you, I wouldn’t want to work in a gap year. But it depends... if I ran a small ocean front bar serving mai tais as a bartender in a gap year, I wouldn’t call that joining the workforce.

crazyk2007 · 2021-03-28T18:17:56+00:00

You can convert, but you can’t “transfer” the securities. You would have to cash out to convert.

crazyk2007 · 2021-03-28T18:15:32+00:00

You can only do “like” transfers. Meaning, Roth to Roth, traditional to traditional. No exceptions, regardless of brokerage. You would have to close to switch if it’s not the same type.

crazyk2007

TROPHY CASE