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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 11-11-2020, 10:41 PM   #6151
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Definitely time to look at different sector plays with dementia in office vs the past 4 years of cognitive dissonance in office.

Their is plenty of risk in two main areas that many are looking at, EV and pot. Both have too many companies vying for the same technology and space. Many of these smaller companies get bought out. That sounds great if you own the company doing the buying but that's not always the case. The debt laid out in acquiring these companies, especially in pot, comes with needing years of a successful business model to draw down that debt and turn a profitable business. I've owned CGC for years and they're a major player but with major troubles turning successful profit and paying down debt. You'd think legalizing weed would make their business boom but that's not always the case.
Yeah I own some Liberty Health Sciences (LHSIF) they run 26 dispensaries in Florida and are a seed to store highly-scientific grower. Their earnings report last week 6-month tracking year over year was 36MM vs. 16MM. Long hold for me
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Old 11-13-2020, 06:09 PM   #6152
Hog's Gone Fishin Hog's Gone Fishin is offline
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This is Not political at all but gives a great breakdown on the future of taxes during the next four years.

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Old 11-13-2020, 08:34 PM   #6153
Halfcan Halfcan is offline
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Hard to believe people voted for higher taxes. Dumbest shit I have ever seen.

Personal and corporate debt will be skyrocketing. That is why I am looking at Mid-cap financial services and banks that pay steady dividends. They have been doing great for me so far and another big day today.
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Old 11-13-2020, 09:20 PM   #6154
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Hard to believe people voted for higher taxes. Dumbest shit I have ever seen.

Personal and corporate debt will be skyrocketing. That is why I am looking at Mid-cap financial services and banks that pay steady dividends. They have been doing great for me so far and another big day today.
Who knew so many people made over $400k/year?
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Old 11-13-2020, 09:30 PM   #6155
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Who knew so many people made over $400k/year?
What, you're not a millionaire?
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Old 11-13-2020, 09:31 PM   #6156
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Who knew so many people made over $400k/year?
What about higher Corporation taxes? The increase will be passed on to consumers. I guess people forgot how high food was during Obama. Gas prices were double and all of our utility bills had a fuel charge added. The housing market crashed. The market tanked and banks got a bailout. Interest rates were double. Unemployment Double.

Will all of this happen again? My best guess is yes.
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Old 11-13-2020, 09:41 PM   #6157
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What about higher Corporation taxes? The increase will be passed on to consumers. I guess people forgot how high food was during Obama. Gas prices were double and all of our utility bills had a fuel charge added. The housing market crashed. The market tanked and banks got a bailout. Interest rates were double. Unemployment Double.

Will all of this happen again? My best guess is yes.
It will likely be effected, yes. But Biden's tax plan is hardly progressive and for most Americans the effect will be minimal.

The biggest issue we will see if deflationary pressure. It's coming regardless of who won the election as it's been happening for years. The Feds continuing to prop up the market, along with injecting money into the economy. This societal buildup of extending credit and accumulation of debt will lead to many problems in the next few years and some form of economic downturn.
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Old 11-13-2020, 09:48 PM   #6158
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I wish TwistedChief would come drop some financial knowledge in this thread.

He’s very informative and connected to the know.
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Old 11-13-2020, 09:53 PM   #6159
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Quote:
Originally Posted by lewdog View Post
It will likely be effected, yes. But Biden's tax plan is hardly progressive and for most Americans the effect will be minimal.

The biggest issue we will see if deflationary pressure. It's coming regardless of who won the election as it's been happening for years. The Feds continuing to prop up the market, along with injecting money into the economy. This societal buildup of extending credit and accumulation of debt will lead to many problems in the next few years and some form of economic downturn.
I've thought this since 08. I also thought stagflation would be in full effect because interest rates have been all but 0% since 9/11. That hasn't come to pass either I'm not economist enough to know, but I'm open to missing the boat. It's certainly possible that it just doesn't matter.

I mean Debt:GDP was almost as high as it's ever been PRE-COVID. I'm sure it's rocketed past that now.

In principle I agree, but

Check your PM's fool.
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Old 11-13-2020, 09:53 PM   #6160
Shiver Me Timbers Shiver Me Timbers is offline
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Originally Posted by lewdog View Post
It will likely be effected, yes. But Biden's tax plan is hardly progressive and for most Americans the effect will be minimal.

The biggest issue we will see if deflationary pressure. It's coming regardless of who won the election as it's been happening for years. The Feds continuing to prop up the market, along with injecting money into the economy. This societal buildup of extending credit and accumulation of debt will lead to many problems in the next few years and some form of economic downturn.
I do not see deflation coming.If the economy severely contracts we will have "stagflation".
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Old 11-13-2020, 10:00 PM   #6161
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Originally Posted by lewdog View Post
It will likely be effected, yes. But Biden's tax plan is hardly progressive and for most Americans the effect will be minimal.

The biggest issue we will see if deflationary pressure. It's coming regardless of who won the election as it's been happening for years. The Feds continuing to prop up the market, along with injecting money into the economy. This societal buildup of extending credit and accumulation of debt will lead to many problems in the next few years and some form of economic downturn.
Wishful thinking with Biden- his record proves otherwise- and that is all I am going to say on that.

I completely agree with your second point though- you actually articulated much better- what I was driving at. If the market/economy downturns again to an Obama-type recession- Corporate debt and personal debt will be climbing even higher. I don't think the deficit is sustainable at these levels-let alone with another Covid bailout.

People that can track where the money will be flowing ( through financial companies and banks, tech, social media) and stay away from where the money flow will be tightening ( Housing, automotive, entertainment??) will probably come out ahead in 4 years. The rest- good luck.
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Old 11-14-2020, 08:19 AM   #6162
Hog's Gone Fishin Hog's Gone Fishin is offline
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Made a watch list on ETRADE for EV stocks. Plugged them in on 9/28/2020

The top four performers are all China stocks

NIO up 140%
XPEV up 120%
LI up 94%
BYDDF up 72%

These are percentages since 9/28 !!!!!!

China has to get turned over to EV's .They have no oil and have to import all of it and their air pollution is so bad. This solves both those problems.
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Old 11-14-2020, 10:07 AM   #6163
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Well it doesn’t SOLVE the air quality problem but It definitely helps.
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Old 11-15-2020, 03:18 PM   #6164
lewdog lewdog is offline
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Originally Posted by Hog's Gone Fishin View Post
Made a watch list on ETRADE for EV stocks. Plugged them in on 9/28/2020

The top four performers are all China stocks

NIO up 140%
XPEV up 120%
LI up 94%
BYDDF up 72%

These are percentages since 9/28 !!!!!!

China has to get turned over to EV's .They have no oil and have to import all of it and their air pollution is so bad. This solves both those problems.
I'll add GP to your watchlist.
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Old 11-16-2020, 04:40 AM   #6165
Hog's Gone Fishin Hog's Gone Fishin is offline
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I'll add GP to your watchlist.
Done. thanks. Looks like it closed at 11.18 on 09/28/ That gives it 12.70% for the time frame

The list now consists of:

NIO 140%
XPEV 120%
LI 94%
BYDDF 72% Berkshire Hathway has a big stake in this one
FSR 22%
DRIV 21%
Kars 21%
GP 12%
TSLA -3.25%
WKHS -29%
HYLN -51%
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