Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[lewdog]

Originally Posted by ChiliConCarnage

I like the idea but that ETF doesnt seem to cover a lot. 60% seems to be 6 companies it (randomly?) decided to assign 10% weight too. Including Scotts Miracle Gro, which Id assume is only tangentially related to mj as a core product.

I think Id rather pick myself at those levels. Maybe look at Motif? I'm sure they have all sorts of marijuana motifs with 20-30 stocks. If you don't love any, you can create your own

If you type in Marijuana Motif, they weight Scotts Miracle Grow at 20% of their marijuana portfolio. I personally don't see much wrong with the ETF list. The idea is to cover the major players in the game, without taking a gamble on the hundreds that are out there. The ETF itself will shift it's holding as it sees fit over the years to adjust to the market.

Care to explain Motif a little more? I vaguely know the term but don't want to have to open another account to invest in them.

[ChiliConCarnage]

Originally Posted by lewdog

The ETF itself will shift it's holding as it sees fit over the years to adjust to the market.

Care to explain Motif a little more? I vaguely know the term but don't want to have to open another account to invest in them.

I've never invested with them but it seems to be a neat way to make a mini-etf that yourself or others can buy.

[Buehler445]

I would all but guarantee scotts isn't providing the fertilizer for weed unless they have seriously bamboozled some execs. There is waaaaaaay cheaper fertilizers out there. Unless Scott's is something different.

[Cornstock]

Anecdotal story. With the exception of 1 investment I've made in the past 3 years, I wish I would have only invested in S&P indexed stuff. With some of my "blow money" I've taken gambles on an oil exploration and refining etf (VDE), as well as a couple of up and coming tech stocks. The oil etf has been down basically since I've bought it. I console myself knowing that since it's a pretty high dividend paying fund and I'm reinvesting dividends, I'm improving my cost basis. And my horizon is still 30 years out, so I'm in no hurry. But I sure wish it would be performing better. As far as the tech stocks, they don't pay dividends, as they are still trying to make a profit, and they very well may be very good investments in time. Just a ways to go yet.

But I'm comparing them to the indexed funds I've bought over the same period and they are looking terrible. I pride myself with trying to keep my overall performance above that of the overall s&P. Right now overall it is pretty much exactly matched.

I know I just need to be patient. I have no intention to sell any of this stuff, as it still has great potential. I'm just complaining that it doesn't churn out 15+% every year like clockwork. Unreasonable? Yes. Still gonna complain though.

[Demonpenz]

Originally Posted by Cornstock

Anecdotal story. With the exception of 1 investment I've made in the past 3 years, I wish I would have only invested in S&P indexed stuff. With some of my "blow money" I've taken gambles on an oil exploration and refining etf (VDE), as well as a couple of up and coming tech stocks. The oil etf has been down basically since I've bought it. I console myself knowing that since it's a pretty high dividend paying fund and I'm reinvesting dividends, I'm improving my cost basis. And my horizon is still 30 years out, so I'm in no hurry. But I sure wish it would be performing better. As far as the tech stocks, they don't pay dividends, as they are still trying to make a profit, and they very well may be very good investments in time. Just a ways to go yet.

But I'm comparing them to the indexed funds I've bought over the same period and they are looking terrible. I pride myself with trying to keep my overall performance above that of the overall s&P. Right now overall it is pretty much exactly matched.

I know I just need to be patient. I have no intention to sell any of this stuff, as it still has great potential. I'm just complaining that it doesn't churn out 15+% every year like clockwork. Unreasonable? Yes. Still gonna complain though.

you have to have a balance of fun and some good investments. If all I did was the solid stuff I would be bored as ****. You are getting some entertainment checking everday like fantasy football.

[Hog's Gone Fishin]

Supposedly the next wave of huge runs is supposed to come from Artificial Intelligence. There are going to be gains that will actually make our first Trillionaires according to Mark Cuban. Think about the new computers programmed to LEARN instead of just performing programmed functions. Self driving cars ,robotics etc....

The next 3 years is the window for HUGE gains in this sector.

[Buehler445]

Originally Posted by Hog Farmer

Supposedly the next wave of huge runs is supposed to come from Artificial Intelligence. There are going to be gains that will actually make our first Trillionaires according to Mark Cuban. Think about the new computers programmed to LEARN instead of just performing programmed functions. Self driving cars ,robotics etc....

The next 3 years is the window for HUGE gains in this sector.

Self driving cars and robotics exist without AI. It's pretty much just a route with collision avoidance or a set of instructions respectively.

As with Self Driving cars I would anticipate that the lawyers will have to get out of the way before any of the good shit can happen.

Here is what is holding up the ag industry on self driving tractors. That shit is easy and they could do it right now with the technology already in the machines. But with current setups there is a screen you have to clear every day that says, "operator is responsible for collision avoidance." Problem being that if the operator isn't around for collision avoidance, who is? Well you will be relying on Technology in the tractor. Which is fine. Doesn't have to be anything spectacular there isn't a lot out in the field.

Problem is that if a tractor hits something, whatever it is, some
Douchebag kid that got drunk and passed out in a field because they listened to some shit country music song, whatever. Someone gets hurt and there is no operator all liability will fall with the manufacturer. And mother Deere won't stand for that.

Therefore the lawyers have to get out of the way first. I'd imagine it is the same with GM Ford whoever for the self driving cars. It also makes sense that it would transfer to AI too. Company makes machine that thinks independently. Damage occurs from machine. Who is there to blame? Manufacturer.

Maybe if you're looking for a stock, figure out which ones have the best lawyers.

[lewdog]

Originally Posted by Buehler445

I would all but guarantee scotts isn't providing the fertilizer for weed unless they have seriously bamboozled some execs. There is waaaaaaay cheaper fertilizers out there. Unless Scott's is something different.

You're better than this cowboy. You have to know Scotts is more than just fertilizer.

They're associated with weed due to their hydroponics research and expansion in this area. Still a small part of their company makeup but expected to get bigger.

https://www.google.com/amp/s/www.foo...racle-gro.aspx

[Buehler445]

Originally Posted by lewdog

You're better than this cowboy. You have to know Scotts is more than just fertilizer.

They're associated with weed due to their hydroponics research and expansion in this area. Still a small part of their company makeup but expected to get bigger.

https://www.google.com/amp/s/www.foo...racle-gro.aspx

I'm a shit cowboy. Corn doesn't break down fences or charge your ass.

Only thing I've known Scott's for is yard shit. I didn't even think about hydroponics. Shows how much I know about weed. I'd learn if Kansas legalized it though. I need to sell something that is worth some ****ing money.

[Hog's Gone Fishin]

Self driving cars and robotics exist without AI as of now but over the next 3 years they are going to be enabled to learn, thats where the next wave is supposedly taking place.

[Buehler445]

Originally Posted by Hog Farmer

Self driving cars and robotics exist without AI as of now but over the next 3 years they are going to be enabled to learn, thats where the next wave is supposedly taking place.

Limiting manufacturer liability will still be the main impediment to getting this stuff to market.

[scho63]

Originally Posted by Hog Farmer

Supposedly the next wave of huge runs is supposed to come from Artificial Intelligence. There are going to be gains that will actually make our first Trillionaires according to Mark Cuban. Think about the new computers programmed to LEARN instead of just performing programmed functions. Self driving cars ,robotics etc....

The next 3 years is the window for HUGE gains in this sector.

Facebook just had to shut down an AI test project as the computers started talking to each other in their own language they made on the fly! No one knew how it happened and what it meant. That's some crazy shit right there.

[Demonpenz]

I will be impressed if computers can go a day without bos

[lewdog]

Well so much for me purchasing that Marijuana ETF.

It's only offered on the Toronto Stock exchange and TD Ameritrade does not allow trading a foreign exchange.

It's the first of it's kind and there's no ETF or Index for the US market for marijuana yet.

[Rain Man]

Originally Posted by lewdog

Well so much for me purchasing that Marijuana ETF.

It's only offered on the Toronto Stock exchange and TD Ameritrade does not allow trading a foreign exchange.

It's the first of it's kind and there's no ETF or Index for the US market for marijuana yet.

Y'know, I was wondering how American stock markets can trade shares in companies that participate in illegal activity. If banks can't take their money, it seems like people shouldn't be able to invest in them.

Can you buy shares of an individual marijuana company?