Talking Stocks 2.0

[Mr. Miami]

as a younger person who just got his first career job, i’m buying SPY ETF all day long. don’t have the huge cash cushion at this stage in life to take the dip into individual stocks until i’m in middle of my career.

[JWD531]

Originally Posted by Mr. Miami

as a younger person who just got his first career job, i’m buying SPY ETF all day long. don’t have the huge cash cushion at this stage in life to take the dip into individual stocks until i’m in middle of my career.

That’s a great plan for a young investor. Get in young and watch it grow. Having a long time horizon is a great feeling. The biggest tool in your toolbox is time.


Sent from my iPhone using Tapatalk

[sokoloka]

Originally Posted by Mr. Miami

as a younger person who just got his first career job, i’m buying SPY ETF all day long. don’t have the huge cash cushion at this stage in life to take the dip into individual stocks until i’m in middle of my career.

If you're thinking that way take a look at VFIAX as well.
I buy the same amount every Tuesday, rain or shine.

[JWD531]

Originally Posted by sokoloka

If you're thinking that way take a look at VFIAX as well.
I buy the same amount every Tuesday, rain or shine.

Best day of the week to add! I also add on Tue/Wed.


Sent from my iPhone using Tapatalk

[Mr. Miami]

Originally Posted by JWD531

That’s a great plan for a young investor. Get in young and watch it grow. Having a long time horizon is a great feeling. The biggest tool in your toolbox is time.


Sent from my iPhone using Tapatalk

yes for sure!

[Mr. Miami]

Originally Posted by sokoloka

If you're thinking that way take a look at VFIAX as well.
I buy the same amount every Tuesday, rain or shine.

i will have to take a look into that one!

[gnuyork]

Originally Posted by Mr. Miami

as a younger person who just got his first career job, i’m buying SPY ETF all day long. don’t have the huge cash cushion at this stage in life to take the dip into individual stocks until i’m in middle of my career.

Excellent. I wish I had these thoughts when I first started my career, but at that time I was lucky to pay rent... investing didn't even register in my mind at that time.

[beshannon]

I am worried about this double top and the 3400 level of support



Tesla, AT&T, McAfee and Quibi - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-102220

[RyanO]

Originally Posted by beshannon

I am worried about this double top and the 3400 level of support



Tesla, AT&T, McAfee and Quibi - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-102220

Are you worried about a short term top or a long term market top Brian?


Sent from my iPhone using Tapatalk

[JParm]

Originally Posted by beshannon

I am worried about this double top and the 3400 level of support

Yes - as we've discussed, I do think we've seen somewhat of a top and it will take more than what we're seeing now to break through it (e.g. actual stimulus, a true vaccine, movement past this election, etc.).

While there have been some breakouts in earnings, I don't think they'll be enough to lift the greater market once earnings season is over unless something bigger changes.

[-dustin]

Originally Posted by jpeezy14@hotmail.com

I also added to MELI in anticipation of the holiday season.

I think this is the first mention of MELI I've seen here. Been waiting for it to pull back some. This might be about as much as I can expect to see.

[JParm]

Trimmed a few positions to get more cash heavy, but also opened a position in DOCU. Attractive entry point for me and will look to increase position size on dips.

[jltait]

Has anyone here been following the rise (short squeeze) of GME?

[JParm]

Back in CRM, AAPL and TDOC.

I'm now in 15 positions - the high from earlier in the year of around 25 or so, with a low of 8. Spreading funds a bit wider to manage risk better. Sitting at about 15% cash after trimming, as I want to have more cash on the ready for some of these earnings calls.

[yoast]

I have been researching a fund to get into for long term DCA (20-30 years) and wondered what the opinions are on VFIAX, VOO, (same but VFIAX is better for fixed amounts vs # of stocks for recurring buys), QQQ, DIA, VTI?

Thanks

[JParm]

Originally Posted by jpeezy14@hotmail.com

Added to U here. Recent IPO (breaking my rule on IPOs again), but not a young company.

Link below is a good listen if you've got 30 minutes to kill.

https://www.fool.com/investing/2020/...ed-to-know-ab/

https://seekingalpha.com/news/362492...poly-in-gaming

In response to my post from the other day.

[sokoloka]

Originally Posted by yoast

I have been researching a fund to get into for long term DCA (20-30 years) and wondered what the opinions are on VFIAX, VOO, (same but VFIAX is better for fixed amounts vs # of stocks for recurring buys), QQQ, DIA, VTI?

Thanks

I like VFIAX for the simplicity, lower net expense ratio and the slightly higher dividend yield compared to some of the others out there.

I invest a fixed amount into VFIAX on a weekly basis (every Tuesday) and then also roll any of my more speculative gains into it as well.

[beshannon]

Originally Posted by RyanO

Are you worried about a short term top or a long term market top Brian?


Sent from my iPhone using Tapatalk

I am worried about a short term top and trading range.

I see little else to move the markets higher from here with current events.

[RyanO]

Originally Posted by beshannon

I am worried about a short term top and trading range.

I see little else to move the markets higher from here with current events.

Thanks for clarifying Brian.


Sent from my iPhone using Tapatalk

[Etschell]

Originally Posted by beshannon

I am worried about this double top and the 3400 level of support



Tesla, AT&T, McAfee and Quibi - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-102220

just hedge with vix for protection.

i would highly consider selling out big gains and offsetting losses if you can. if the tax law changes its going to 39.6% on long term capital gains versus 23.8%. big big swing. capital gains rates are never going lower probably....

[TheVazha]

Originally Posted by beshannon

No, I am honing my shopping list but I will wait.

I do not want to hold over the weekend, too risky for me. The data is moving too fast. I would rather miss a bit off the bottom rather than catch a falling chainsaw.

Support being taken out everywhere, people are counting on a Fed rate cut which will do nothing to help. VIX closing at 37.48, I am looking for 38+ to signal a panic sell. S&P did not hold 3000, Dow down over 3000 this week. Volume is light and A/D line was only 8-1 on the down side. Not enough capitulation yet.

There is more down side IMHO.

I bought my first stock on the 20th. I listened to wise people like you and went conservative.

If I had huge balls and didn’t have wise people in my life I’d be sitting real pretty (assuming we recover completely).

Anyway, did I do good? :)





Also, someone waaaaay smarter than me told me to go all in on VOO and not look at it for 30 years. I split between SPY and VOO with the obligatory airlines and tech on the side. I got some MGM and a ton of DIS too. Anyway, I wish I can trade all the BS stock for some more SPY and VOO and just really not look at it anymore. At least I got in at the bottom. I’m not complaining. Although that slight half point drop the first day made me learn really fast what trading is about.


Sent from my iPhone using Tapatalk

[beshannon]

FSLY downgrade, INTC sales miss now don 10%, Futures +112

[JParm]

https://www.barrons.com/articles/tes...?mod=hp_LATEST

I know there's a lot of Cathie / ARK fans here - good interview with her and how they do business.

[beshannon]

Intel, Gilead, American Express, Wells Fargo - 5 Things You Must Know Friday

https://www.thestreet.com/markets/5-...-friday-102320

[kearez]

Originally Posted by yoast

I have been researching a fund to get into for long term DCA (20-30 years) and wondered what the opinions are on VFIAX, VOO, (same but VFIAX is better for fixed amounts vs # of stocks for recurring buys), QQQ, DIA, VTI?

Thanks

My core holding is VOO, been looking to add QQQ/VGT. VFIAX is another great option.

[austinp]

Originally Posted by kearez

My core holding is VOO, been looking to add QQQ/VGT. VFIAX is another great option.

Is VFAIX too conservative for a 20 to 30 year hold? Return looks to be way under the averages. Isn’t a more aggressive fund more appropriate for such a long term horizon?


Sent from my iPhone using Tapatalk

[-dustin]

Roughly 25% of my IRA is VFAIX. And I no longer contribute to it. Another 65% is VWILX and VIGAX. The rest is split into VSGAX and little sliver goes into pretty much a savings account. Advisor said at my age, there was no need to be conservative, and recommended VIGAX.

[JParm]

https://www.barrons.com/articles/the...?mod=hp_LEAD_1

Good read here on the antitrust issues with big tech.

Long story short - don't be afraid to invest in big tech with all of the looming antitrust issues. A breakup might even be more beneficial than anything for investors (though this is very unlikely, IMO).

Two, he contends that the antitech crowd fails to concede that the primary driver for these companies has been innovation and execution, not cheating and bullying rivals and partners. “The report’s consistent assertion that anticompetitive practices have been the primary source of growth and market power…is flat-out wrong,” he writes.

Or maybe the right answer is 3b; even if all that happens, these brilliantly run companies will innovate their way into new markets and fat revenue growth. Note that Microsoft (MSFT), the last big tech target of antitrust regulators, has surged this year to a record valuation.

[mbalmz]

Originally Posted by kearez

My core holding is VOO, been looking to add QQQ/VGT. VFIAX is another great option.

all good options IMO. if you want to hedge some of the current tech-heaviness of VOO and VFIAX, RSP is an option as well.

[JWD531]

Originally Posted by austinp

Is VFAIX too conservative for a 20 to 30 year hold? Return looks to be way under the averages. Isn’t a more aggressive fund more appropriate for such a long term horizon?


Sent from my iPhone using Tapatalk

TRBCX and FBGRX are good growth fund options.

I think if you’re 100% into a VFAIX, that’s too conservative for me as a late-30’s. But I think that getting started, getting it into anything stable is alright. At least until one learns about the other options.

But yes, I’d recommend a more aggressive portfolio for someone in their 20’s. Without knowing anything about their financial situation.


Sent from my iPhone using Tapatalk