Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Rain Man]

Originally Posted by wutamess

$1500 to put on something besides an index fund for years. What you got?

TTWO has treated me well over a long period of time and it's been down a fair bit this year. Plus, I feel like I'm investing in the promotion of auto-based crime sprees.

[Discuss Thrower]

Originally Posted by wutamess

$1500 to put on something besides an index fund for years. What you got?

No. Put it in an index fund.

[Rain Man]

Originally Posted by Discuss Thrower

No. Put it in an index fund.

Killjoy.

[Discuss Thrower]

Originally Posted by Rain Man

Killjoy.

This is not a game this is real ****ing life.

Protect your goddamn neck, all right?

[lewdog]

Originally Posted by wutamess

$1500 to put on something besides an index fund for years. What you got?

Boeing.

[Discuss Thrower]

Originally Posted by lewdog

Boeing.

The 737 MAX issue is going to have long-term consequences.

If anything, take a flier on GE.

Or.. you know. Just buy the ****ing index since you can't beat the ****in index.

[Nightfyre]

Boeing will be a great value - in like three to six months when Wall Street realizes that the 737 pipeline was 60% of Boeing's revenue, and that it is going to take way longer than anticipated to finish the investigation and implement FAA approved fixes.

[Rain Man]

Originally Posted by Discuss Thrower

The 737 MAX issue is going to have long-term consequences.

If anything, take a flier on GE.

Or.. you know. Just buy the ****ing index since you can't beat the ****in index.

The 787 was grounded when they had the battery issue after its launch, and that was just a blip. I'm betting that this will be the same thing. It unfortunately caused a bunch of people to die, whereas the 787 problem didn't. But I don't think the deaths are going to drag Boeing down.

[Discuss Thrower]

Originally Posted by Rain Man

The 787 was grounded when they had the battery issue after its launch, and that was just a blip. I'm betting that this will be the same thing. It unfortunately caused a bunch of people to die, whereas the 787 problem didn't. But I don't think the deaths are going to drag Boeing down.

Dreamliners are to Porsche Cayennes as 737 MAXs are to Jetta TDIs.

VLKAY is ****ed over worse if they're needing to fix an innately fatal issue with Jettas compared to a potentially fatal issue with Cayennes.

[lewdog]

Originally Posted by Discuss Thrower

The 737 MAX issue is going to have long-term consequences.

If anything, take a flier on GE.

Or.. you know. Just buy the ****ing index since you can't beat the ****in index.

Those speculating that the market may only return 2-3% in the next decade are saying actively managed funds may surpass index fund gains if gains really do loathe that much.

[EPodolak]

Originally Posted by lewdog

Those speculating that the market may only return 2-3% in the next decade are saying actively managed funds may surpass index fund gains if gains really do loathe that much.

There are always a handful of active funds that beat the market. Which few, and for how long, is a big crap shoot. Best of luck if that's your strategy though.

[lewdog]

Originally Posted by EPodolak

There are always a handful of active funds that beat the market. Which few, and for how long, is a big crap shoot. Best of luck if that's your strategy though.

It's not. My 401k and ROTH IRA are invested 80% in index funds.

I do have a brokerage account and use it to generate some realized gains and income through the year.

I think a mixture of both is fine, but still believe mostly in index funds as well. Just thought those touting actively managed funds coming back as preferred investing methods over index funds was interesting.

[DaFace]

Originally Posted by Rain Man

The 787 was grounded when they had the battery issue after its launch, and that was just a blip. I'm betting that this will be the same thing. It unfortunately caused a bunch of people to die, whereas the 787 problem didn't. But I don't think the deaths are going to drag Boeing down.

The 787 issues were pretty straightforward, and it was only down for a month. This appears to be a software issue that is much more nebulous. If it were straightforward, they would have fixed it after the first crash.

I'd be very surprised if they're flying again for at least a few months.

[Hog's Gone Fishin]

Got back in to some ACB this morning

[ChiliConCarnage]

Originally Posted by ChiliConCarnage

I'd love for Tencent to keep dropping. Keeping my eye on that
They're supposed to IPO tencent music later this year

Did anyone end up buying in? I ignored this because I wasn't really interested in a music company that I assumed was losing money

It ended up going public on Dec. 12th. Not a great time obviously. It IPO'd at 14 and instantly dropped to 12. The $14 valuation was about a 20 billion market cap. Earlier in the year they'd thought 25-30 or more.

When I looked into it, it seemed amazing so I bought some on 12/18 at 12.95. It's actually profitable already. Tencent bought out their biggest competitors in 2016 so they own the top 4 music app/sites in China. They have exclusivity agreements with Sony, Warner, etc. where they can deny any competitors rights to play songs. 70% revenue growth with 800 million MAU

Earnings are tomorrow after hours. I'm up 49% in a few months. I'm going to assume it'll pull back unless the outlook is amazing but I think I'll hold and see how the report looks.