Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[UteChief]

Originally Posted by Buehler445

I bought some more bank stock during the scare, but I should have bought JP Morgan. They ended up with all the discounted assets. Damn I'm dumb.

I bought TFC and LOB and made over 100%.

[Buehler445]

Originally Posted by UteChief

Curious, what’s your portfolio YTD and 1-year?

I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?

I should t have switched platforms. I’m not thrilled about it.

[Buehler445]

Originally Posted by UteChief

I bought TFC and LOB and made over 100%.

Well done. Those weren’t even close to my radar.

[UteChief]

Originally Posted by Buehler445

I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?

I should t have switched platforms. I’m not thrilled about it.

Who do you use now? I am a former registered representative at Fidelity and use their platform.

[UteChief]

Originally Posted by Buehler445

Well done. Those weren’t even close to my radar.

Truist has a great dividend! I work for LOB. When banking stocks crashed, I knew the financials were strong and it was an overreaction by the market.I knew the stock price was going to go back to where it was.

[Buehler445]

Originally Posted by UteChief

Who do you use now? I am a former registered representative at Fidelity and use their platform.

Schwab.

I was at WeBull and thought I needed something a little more professional. I thought I might use some of their services down the road and considered using them to administer a qualified plan. So I moved all my stuff there.

As a platform there isn’t anything Schwab does better. Maybe some analyst recommendations but I don’t read those anyway.

[Buehler445]

Originally Posted by UteChief

Truist has a great dividend! I work for LOB. When banking stocks crashed, I knew the financials were strong and it was an overreaction by the market.I knew the stock price was going to go back to where it was.

That’s what I was going for but had much less success than you.

[ChiefEd]

I picked up SOFI a couple of months ago. Up 111% since. Shortest time I’ve had a stock double.

Of course, I didn’t buy as much as I should’ve…

[myselff77]

I put some money in Coinbase a few months back. Didn't know what I didn't know about all the different Crypto options, and I didn't want to spend the time to educate myself. However, I figured if everyone else was getting in on crypto, then some shares of one of the Crypto exchanges could turn out well.

[ChiliConCarnage]

Brian Thompson, the CEO of UnitedHealth Group's insurance unit, was fatally shot outside the Hilton hotel in midtown Manhattan on Wednesday morning, in what is believed to be a targeted attack, a person familiar with the matter told CNBC.

UnitedHealth Group canceled its investor day set for Wednesday at the Hilton after reports of the shooting emerged. Thompson, 50, led UnitedHealthcare, the largest private health insurer in the U.S.

Somebody must have been really angry about their coverage. Investor day was today. I've owned UNH for a long time. The stock is oddly up a couple percent today.

[UteChief]

Originally Posted by ChiefEd

I picked up SOFI a couple of months ago. Up 111% since. Shortest time I’ve had a stock double.

Of course, I didn’t buy as much as I should’ve…

That seems about the same for me. Have to limit what I can let sit there for a year or more.

[UteChief]

Originally Posted by Buehler445

I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?

I should t have switched platforms. I’m not thrilled about it.

The reason I asked was I used to have two portfolios. One I’d choose stocks. The other was made up of stocks I was interested in and researched. Occasionally, I would out perform the index, but my individual stocks were so much more volatile. I decided I didn’t like the roller coaster ride and exited out of the individual stocks and now do strictly index. Except for stock grants and ESPP. I know have exit strategies for those as well. I must say I like the change. The index is up 28.44% YTD and 33.87% 1Y. I probably wound down the individual portfolio at the wrong time as it’s much worse!

[Buehler445]

Originally Posted by UteChief

The reason I asked was I used to have two portfolios. One I’d choose stocks. The other was made up of stocks I was interested in and researched. Occasionally, I would out perform the index, but my individual stocks were so much more volatile. I decided I didn’t like the roller coaster ride and exited out of the individual stocks and now do strictly index. Except for stock grants and ESPP. I know have exit strategies for those as well. I must say I like the change. The index is up 28.44% YTD and 33.87% 1Y. I probably wound down the individual portfolio at the wrong time as it’s much worse!

Ha.

I haven't run into a decent way to do that without yacking up shit. Obviously transferring everything to Schwab isn't it.

Yeah, I put some pretty big contributions in mid-year, which is probably why my average is down compared to the S&P YTD. Weirdly, the return on my individual stocks is 14.96% and my ETFs is 14.66%. There is a lot more variability (Like my ADM position is down 15%), but the returns are shockingly similar. That is typically less than 10%, but it's about 11% right now.

[Buehler445]

Originally Posted by Buehler445

I switched platforms in March. Annoyingly those numbers aren’t easily dug out. Best I can tell my YTD return is 14.28%. Also annoyingly, that number doesn’t include dividends, which roughly math should add another .9%. I think?

I should t have switched platforms. I’m not thrilled about it.

Apparently I wasn't looking in the right place. According to Schwab, my return in 19.16%. I should probably dig into what the difference between the number I dug up and what this is showing. I'm not doing the math right today. It might be the basis I transferred in, it wasn't much in terms of value, but I had to work my ass off to get it in right. I'll look at it sometime.

I am a little surprised it is as close to the S&P return as it is. I mean, I own a lot of VOO, but all the SCHD I have I'd expect some more lag, and the individual stocks, individual investors typically underperform the S&P, so I guess I should be happy with my performance.

[RunKC]

Prefacing this to say that I don’t know shit about Bitcoin or that entire ecosystem.

Is Ethereum something that could be a good buy? Reading about it it sounds like a much better product (though different) than Bitcoin. It seems less chaotic and more practical.

Is that worth investing in?