Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Hog's Gone Fishin]

Originally Posted by Rain Man

I finally gave up on the strategy of buying companies when their stock goes down. It's a very logical strategy that has never seemed to work for me. I've changed my strategy to buying companies that are up for the year on days when they're down. We'll see if that works.



Good luck to you. I don't really understand what they're doing, so I'll keep my distance. But I hope you get rich.

On the topic of getting rich, I have a ton of NVDA and AMD. Times are good for me right now. I need to sell a little just to lock in some profit and rebalance, but it's just sooooo good right now.

Well, I went in with 10K premarket this morning. (TSLY) Up $392 today on share price alone. Should bring in a $473 dividend on 7/15 if it holds at .80/share

Also added some TSLL which is 1.5X leveraged TSLA

[Buehler445]

Here is an interesting video on covered call funds. I think they are a little overly harsh. I think they have a little more value in an income focused portfolio.

Interestingly, the 2 funds you listed appear to have mirrored the upswing of Tesla. That would run counter to what the video proports. But both things could be true, however. These funds could be getting buying volume of dudes wanting to own Tesla (at $18 rather 270) and it may be a bump in fund price because they're 1. New and 2. Investors don't understand them. OR, the video is wrong. It'll be interesting to see how those fair over the long term. I'm watching SPYI. They run covered call spreads that should participate some upside (probably while losing some income potential).

Interesting stuff Hog. Thanks for sharing.

[Soy Vibe]

a simple life of prayer and personal austerity for the kicks and to build wealth

[Iconic]

Originally Posted by lewdog

I'm no genious but I hope you see the faulty math and tremendous risk in this. We've seen stocks run the past few weeks and that's likely adding to his math. See the market go red and there's no way his plan will hold.

theres going to be a lot of degens in trouble soon. so many people have aped into a lot of really stupid positions lately with the ai craze.

imo the macro outlook for me personally is still bearish till 2024. im going to watch this circus with popcorn in hand till then.

[Hog's Gone Fishin]

Originally Posted by Buehler445

Here is an interesting video on covered call funds. I think they are a little overly harsh. I think they have a little more value in an income focused portfolio.

Interestingly, the 2 funds you listed appear to have mirrored the upswing of Tesla. That would run counter to what the video proports. But both things could be true, however. These funds could be getting buying volume of dudes wanting to own Tesla (at $18 rather 270) and it may be a bump in fund price because they're 1. New and 2. Investors don't understand them. OR, the video is wrong. It'll be interesting to see how those fair over the long term. I'm watching SPYI. They run covered call spreads that should participate some upside (probably while losing some income potential).

Interesting stuff Hog. Thanks for sharing.

That guy in the video needs beat in the face with a ball bat. I couldn't even dissect what he was saying. Some people think they just know more than everyone else and he's the president of that club.

EDIT: I looked him up. he's with PWL Capital , a Canadian based financial management group.

Says it all, Canadians are ignorant!

His portfolios average 3%-5% per year. LOL

My TSLY made that YESTERDAY!

[Buehler445]

Originally Posted by Hog's Gone Fishin

That guy in the video needs beat in the face with a ball bat. I couldn't even dissect what he was saying. Some people think they just know more than everyone else and he's the president of that club.

EDIT: I looked him up. he's with PWL Capital , a Canadian based financial management group.

Says it all, Canadians are ignorant!

His portfolios average 3%-5% per year. LOL

My TSLY made that YESTERDAY!

LOL. Yeah. He’s an analyst. He’s always going to look at the return and risk structure. But the reality is you’ve bought an instrument that’s priced on the market and it isn’t necessarily logical.

[ChiefChoop]

Where do you guys put emergency fund money at?

[DaFace]

Originally Posted by ChiefChoop

Where do you guys put emergency fund money at?

Just an online savings account for me. Discover is giving 4.0% APY these days (and I'm sure others are in the ballpark).

[shitgoose]

Originally Posted by ChiefChoop

Where do you guys put emergency fund money at?

Wealthfront cash acct is 4.55%

[Munson]

Originally Posted by ChiefChoop

Where do you guys put emergency fund money at?

UFB Direct at 5.02% APY.

Open up an online high yield savings account. There are plenty of banks paying at least 4.5%, with some paying 5% or slightly above.


https://www.bankrate.com/banking/sav...ings-accounts/

[Buehler445]

Originally Posted by ChiefChoop

Where do you guys put emergency fund money at?

Vanguard Brokerage Account. Settlement fund yields their money market. 5.16%. It takes 1-2 days to ACH in my checking.

[lewdog]

As of NY close July 5, 2023


Company Rank/Company Name/Market Capitalization(07-05-2023)/Headquarters City, State

MIDWEST: 14 Companies--$3.357T Total Market Cap
8 Berkshire Hathaway--$744.26B(Omaha, NE)
10 UnitedHealth--$447.49B(Minnetonka, MN)
11 Eli Lilly--$442.07B(Indianapolis, IN)
17 Proctor & Gamble--$358.82B(Cincinnati, OH)
25 AbbVie--$242.80B(North Chicago, IL)
29 McDonalds--$216.76B(Chicago, IL)
35 Abbott Laboratories--$189.58B(Chicago, IL)
61 Union Pacific--$124.75B(Omaha, NE)
65 Deere & Co--$118.64B(Moline, IL)
72 Stryker--$112.88B(Kalamazoo, MI)

75 Elevance Health--$105.02B(Indianapolis, IN)
79 Mondelez--$99.71B(Chicago, IL)
99 Progressive--$77.48B(Mayfield, OH)
100 Fiserv---$77.10B(Brookfield, WI)

NORTHEAST: 33 Companies--$5.179T Market Cap
14 Johnson & Johnson--$423.09B(New Brunswick, NJ)
15 JPMorgan Chase--$422.68B(New York, NY)
21 Merck--$292.79B(New York, NY)
24 Pepsico--$257.04B(Harrison, NY)
32 Pfizer--$205.99B(New York, NY)
33 Thermo Fisher Scientific--$201.24B(Waltham, MA)
37 Danaher--$175.16B(Washington, DC)
38 Comcast--$172.92B(Philadelphia, PA)
44 Verizon--$157.56B(New York, NY)
47 Philip Morris--$151.52B(Stamford, CT)

48 Raytheon Technologies--$143.54B(Waltham, MA)
49 Morgan Stanley--$143.49B(New York, NY)
52 Bristol-Myers Squibb--$135.98B(New York, NY)
54 American Express--$130.49B(New York, NY)
56 Boeing--$128.32B(Arlington, VA)
58 S&P Global--$128.19B(New York, NY)
62 IBM--$121.89B(Armonk, NY)
66 General Electric--$118.45B(Boston, MA)
67 Lockheed Martin--$117.19B(Bethesda, MD)
74 Goldman Sachs--$107.22B(New York, NY)

76 BlackRock--$103.76B(New York, NY)
78 Booking Holdings--$99.73B(Norwalk, CT)
80 TJX Companies--$97.34B(Framingham, MA)
82 Analog Devices--$95.26B(Wilmington, MA)
83 American Tower--$92.44B(Boston, MA)
84 Marsh & McLennan--$92.03B(New York, NY)
85 Citigroup--$91.10B(New York, NY)
86 ADP--$90.80B(Roseland, NJ)
87 Vertex Pharcmaceuticals--$89.71B(Boston, MA)
88 CVS Health--$89.21B(Woonsocket, RI)

92 Cigna $83.06B(Bloomfield, CT)
96 Regeneron Pharmaceuticals--$78.75B(Tarrytown, NY)
97 Zoetis--$78.25B(Parsippany-Troy Hills, NJ)

SOUTH: 19 Companies--$4.083T Total Market Cap
6 Tesla--$895.32B(Austin, TX)
12 Exxon Mobil--$432.23B(Irving, TX)
13 Walmart--$425.76B(Bentonville, AR)
19 Oracle--$314.74B(Austin, TX)
20 Home Depot---$313.09B(Atlanta, GA)
23 Coca-Cola--$263.92B(Atlanta, GA)
27 Bank of America--$231.74B(Charlotte, NC)
43 Texas Instruments--$160.22B(Dallas, TX)
45 UPS--$154.57B(Atlanta, GA)
46 Nextera Energy--$151.65B(Juno Beach, FL)

51 Honeywell--$137.41B(Charlotte, NC)
53 Lowe's--$132.13B(Mooresville, NC)
59 Caterpillar--$126.41B(Irving, TX)
60 ConocoPhillips--$125.87B(Houston, TX)
70 AT&T--$114.88B(Dallas, TX)
77 Charles Schwab--$103.17B(Westlake, TX)
91 HCA Healthcare--$83.48B(Nashville, TN)
94 Altria Group--$82.07B( Richmond, VA)
98 Southern Company--$78.15B(Atlanta, GA)

WEST: 33 Companies--$14.856T Market Cap
1 Apple--$3.050T(Cupertino, CA)
2 Microsoft--$2.532T(Redmond, WA)
3 Alphabet--$1.526T(Mountain View, CA)
4 Amazon--$1.337T(Seattle, WA)
5 NVIDIA--$1.045T(Santa Clara, CA)
7 Meta Platforms--$756.63B(Menlo Park, CA)
9 Visa--$500.46B(San Francisco, CA)
18 Broadcom--$357.82B(San Jose, CA)
22 Chevron--$292.47B(San Ramon, CA)
26 Costco--$239.80B(Issaquah, WA)

28 Adobe--$223.50B(San Jose, CA)
30 Cisco--$210.84B(San Jose, CA)
31 Salesforce--$208.26B(San Francisco, CA)
34 Netflix--$198.22B(Los Gatos, CA)
36 AMD--$183.50(Santa Clara, CA)
39 Nike--$169.63B(Beaverton, OR)
40 T-Mobile US--$167.45B(Bellevue, WA)
41 Walt Disney--$164.07B(Burbank, CA)
42 Wells Fargo--$163.14B(San Francisco, CA)
50 Intel--$139.47B(Santa Clara, CA)

55 QUALCOMM--$130.49B(San Diego, CA)
57 Intuit--$128.31B(Mountain View, CA)
63 Amgen--$120.69B(Thousand Oaks, CA)
64 Applied Materials--$119.46B(Santa Clara, CA)
68 Intuitive Surgical--$116.99B(Sunnyvale, CA)
69 ServiceNow--$115.26B(Santa Clara, CA)
71 Prologis--$114.50B(San Francisco, CA)
73 Starbucks--$112.87B(Seattle, WA)
81 Gilead Sciences--$96.34B(Foster City, CA)
89 Uber--$88.52B(San Francisco, CA)

90 Lam Research--$86.34B(Fremont, CA)
94 Airbnb--$82.99B(San Francisco, CA)
95 Palo Alto Networks--$78.87B(Santa Clara, CA)

[lewdog]

Predictions are like assholes but the recession never came and bear markets are always followed by bull runs.

Jeremy Siegel expects US stocks to surge by 20% to 30% over the next two years.

The Wharton professor sees interest rates dragging house prices down by 10% to 15% from their peak.

Siegel warned the Fed risks causing a recession if it continues to aggressively hike rates.

Jeremy Siegel expects US stocks to soar by up to 30% over the next two years, and predicts the housing market will suffer a historic slump if the Federal Reserve doesn't cut interest rates soon.

"After two years, the stock market is going to be 20% to 30% higher than it is today," Siegel said on Bloomberg's "Masters in Business" podcast this week.

The S&P 500 has tumbled 19% this year to under 4,000 points, while the Nasdaq Composite has tanked by 31% to below 11,000 points. Siegel's forecast suggests the benchmark index could surpass 5,000 points for the first time ever in 2024, while its tech-heavy sister might rebound to its April high of around 14,000 points.

https://www.msn.com/en-us/money/mark...8f428670df7ac6

[lewdog]

My dollar cost averaging 401k is up 19% in the past year now going back to last July. Quite a difference from earlier this year.

[myselff77]

Originally Posted by lewdog

My dollar cost averaging 401k is up 19% in the past year now going back to last July. Quite a difference from earlier this year.

I really don't keep a close eye on mine, but your post inspired me to look. Up 19% year to date and 24% in the last year. Almost back to all time high before everything tanked.