Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[lewdog]

Originally Posted by ThaVirus

Anyway, thank you all as well as Buehler for the advice.

I am 100% not built for the individual stock game lol y'all are different.

My next issue is the constant threat of this looming recession. What does everyone make of that?

Part of me thinks it'd be best to just park the bulk of this cash into a HYSA and ride it out 'til the storm's over. It looks like you can find quite a few with returns between 3-5%. The other part of me says **** it, throw it into some ETFs. Even if/when the market dips, it'll recover down the line and it's best to be in when that recovery starts.

You don't need individuals stocks at all the build wealth. I mean that. And I keep less than 20% of my total investments in single stocks.

You are killing yourself in the current environment to not be getting interest somewhere. It's risk free money in a higher yield money market, savings account, no penalty CD or TBIL. These get you 4-5% interest and access to your money quickly for liquidity. At least get your emergency savings in something like this.

Based on your car scenario I would probably put about $40k in something like this. If you still aren't comfortable investing the rest, than at least just dump the 100K in there while you decide what your investment strategy will be.

As far as timing the market, that's impossible, not matter what we talk about in this thread. Are your current investment contributions going into investments or just sitting somewhere doing nothing? I am a big fan of dollar cost averaging no matter what and rebalancing 1-2x per year if your timeline is 10+ years. Don't let trying to time the market make you miss compounding interest if the market makes a run.

I am VERY proud of that amount of cash/investments you've got. That's damn impressive as I think you're in your 30's. Good job, but don't let it sit there doing nothing while we have the highest interest rates in years. There's lots of options to get 4-5% pretty risk free.

[Hog's Gone Fishin]

$100,000 invested in "MAIN" would net you $575 /Month

FREE MONEY!

nfa

[Buehler445]

Originally Posted by ThaVirus

Anyway, thank you all as well as Buehler for the advice.

I am 100% not built for the individual stock game lol y'all are different.

My next issue is the constant threat of this looming recession. What does everyone make of that?

Part of me thinks it'd be best to just park the bulk of this cash into a HYSA and ride it out 'til the storm's over. It looks like you can find quite a few with returns between 3-5%. The other part of me says **** it, throw it into some ETFs. Even if/when the market dips, it'll recover down the line and it's best to be in when that recovery starts.

I missed this, must have been while typing what I would do.

I wouldn't worry about it. Park a good chunk in an interest bearing account, and if it makes you queasy, put less into the ETFs and more into the money market account. But I think with as much as you've got sitting around, making an investment in the future is prudent.

Like lew said, you'll fail far more often than you succeed trying to time the market. Just put it in regularly and you'll be good - kind of like an extension of your 401K, same principle. After your emergency fund is adequate and your tax shelters are maxed, get it in an ETF.

As far as the question, I think a recession is likely. The labor market AND the interest rates are not both sustainable to maintain corporate earnings. The most effective way to boost corporate earnings is layoffs. I think the job market will fade some.

I haven't looked at any of the metrics, but my opinion on the ground is US inflation is slowed substantially. I think it's probably close to a sustainable level. That points to interest rates slowing and perhaps rolling over.

However, I'm reading that inflation in Europe is not cooling off. Yada yada global economy yada yada interest isn't going anywhere. I think we're going to plod along for a while here. Bank profitability will remain difficult with poor interest rates spreads, and there might be more failures. I think there will be a lot of overstaffed, inefficient companies will eat shit. I think the bumps CEOs got from mentioning "AI" in their earnings calls. I think there will be some bright spots, too though. I think the chip companies that are onshoring production will see sizable growth. I think there will be some unwinding of activist price moves. I think if some shipping companies can staff up and lean out there is real growth opportunities there. I think infrastructure companies will cash in on government money.

But I'm a flaming moron, so don't make any decisions based off my dumbass analysis.

[Rain Man]

This is me today, and probably all of you too.

via GIPHY

[Hog's Gone Fishin]

Yep, pretty good day. My HKD even took its monthly rip and triggered my sell order. WLGS almost there too. Sell order set at 2.00

[seclark]

I can live another month.
sec

[Rain Man]

Originally Posted by seclark

I can live another month.
sec

If that's all it takes I'll kick in a couple of bucks for you. Maybe even a ten-spot.

[jjchieffan]

A couple of weeks ago, I popped in here and told you about AITX. At the time it was running around.0065. I also told about their AI products being featured in the Blue Beetle movie and a new TV show on Fox. Well, that TV show premieres tonight. It's called Star's on Mars and it's a reality show hosted by William Shattner and has 12 celebrities, including Richard Sherman and Marshawn Lynch, competing in a simulated Mars environment. Anyway, the publicity has been pushing the stock price since last week and it's currently double what it was when I alerted you guys. As of this post, the price is .0134

[Tylerthigpen!1!]

Originally Posted by jjchieffan

A couple of weeks ago, I popped in here and told you about AITX. At the time it was running around.0065. I also told about their AI products being featured in the Blue Beetle movie and a new TV show on Fox. Well, that TV show premieres tonight. It's called Star's on Mars and it's a reality show hosted by William Shattner and has 12 celebrities, including Richard Sherman and Marshawn Lynch, competing in a simulated Mars environment. Anyway, the publicity has been pushing the stock price since last week and it's currently double what it was when I alerted you guys. As of this post, the price is .0134

Doesnt change the fact that penny stocks are penny stocks for a reason. Also full of pump and dump schemes.

I thought there was a thread for meme & penny stocks?

[lewdog]

Looking at starting a long term position in Disney, DIS, in my ROTH. I mostly hold index funds not I will keep about 10 individual stock positions open too.

Anyone else keep some long term holds on individual stocks and what are your main ones?

[Buehler445]

Originally Posted by lewdog

Looking at starting a long term position in Disney, DIS, in my ROTH. I mostly hold index funds not I will keep about 10 individual stock positions open too.

Anyone else keep some long term holds on individual stocks and what are your main ones?

You might be right. Disney has had quite the tumble.

But there is some risk there. Iger came out of retirement to shitcan his successor without any other real comment. Dudes don’t do that unless it’s a shitshow rodeo.

Do some research before you put material dollars in it. I think, if I’m reading it right they cut their dividend completely. I have no clue how the streaming wars are going to shake out. But if I’m understanding it correctly Disney Plus is bleeding cash and they aren’t one to license IP.

Moreover, I haven’t heard anything about parks. I think that’s why they cut the initial dividend (COVID) but I haven’t heard anything about it bouncing back.

I had some for awhile and yeeted right out of there before it got red on me. But down here surely it’s a buy, but there are a lot of components I don’t know about.

[Hog's Gone Fishin]

Originally Posted by lewdog

Looking at starting a long term position in Disney, DIS, in my ROTH. I mostly hold index funds not I will keep about 10 individual stock positions open too.

Anyone else keep some long term holds on individual stocks and what are your main ones?

Take a long look at BERK.B it won't have the growth potential if DIS but you can't go wrong following the Buffet money machine. I don't own it as I'm a sucker for the TSLA,AMZN,AAPL but I will probably buy some when I decide to quit gambling

But then again it's really an ETF so you may not be interested

[Rain Man]

Originally Posted by Hog's Gone Fishin

Take a long look at BERK.B it won't have the growth potential if DIS but you can't go wrong following the Buffet money machine. I don't own it as I'm a sucker for the TSLA,AMZN,AAPL but I will probably buy some when I decide to quit gambling

But then again it's really an ETF so you may not be interested

I've got some Disney that's been underperforming for a long time. It's one of those stocks that I feel I should have for some reason, so I keep it. It hasn't been a great ride, but I keep thinking that at some point it's got to catch up to the market, right?

I've got some Berk.B that's done better. Not a home run, but at least above zero. I kind of worry, though, about what'll happen to the stock when Buffett and/or Munger eventually go the way of the dinosaurs. I'm sure there's a big team doing the heavy lifting, but will the stock take a hit when those guys are no longer in the picture? I'm a little concerned about that.

[Hog's Gone Fishin]

https://hedgefollow.com/funds/Berkshire+Hathaway

[myselff77]

Originally Posted by Rain Man

I've got some Berk.B that's done better. Not a home run, but at least above zero. I kind of worry, though, about what'll happen to the stock when Buffett and/or Munger eventually go the way of the dinosaurs. I'm sure there's a big team doing the heavy lifting, but will the stock take a hit when those guys are no longer in the picture? I'm a little concerned about that.

Companies I'm holding long as solid businesses: Cost, brk.b, googl, msft

I also have positions in ptlo and modg that I've averaged down as I've lost money, but I like both for long term investments. Every Portillos I've been to in Chicago has always been packed, so I believe it can grow with their expansion plans. As soon as Callaway bought Top Golf, I wanted the stock for that part of the business alone. We'll see if either work out in 10years.

As for Bershire I assume the risk is low. If Apple survived Jobs, any negative on Buffet/Munger has to be somewhat baked into the price given their age ad certainly have contingency plans.