Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Rain Man]

Originally Posted by Hog's Gone Fishin

You could buy an inverse 2x leveraged NVDA etf as an insurance policy.

NVDQ

NVDA tanks and NVDQ goes up at a 2X rate.

Currently 6.50

I've never done any type of hedging or options, but that's actually kind of intriguing in this particular case.

[Buehler445]

Originally Posted by Hog's Gone Fishin

I bought 5 shares just for fun and it caused NVDA to surpass the 2 Trillion Market cap .

LOL. You should have told me and I’d have bought some.

[Nixhex]

Opinion on the cheapest per share stock to buy at the moment?

[Ming the Merciless]

Originally Posted by R8RFAN

Ok ... gimme something safe to drop 10k in tomorrow

even a CD or high yield savings is 5%

better than 0

[Ming the Merciless]

Originally Posted by Nixhex

Opinion on the cheapest per share stock to buy at the moment?

my 2 cents on cheapest 'per share' is that it doesnt really say anything about value or not.


What you have to do is multiply the 'per share' cost by the total # of shares (the float) to get the market cap (market value) of the company.


Then you have to take a hard look as to whether that market cap is a 'good deal' , or 'about right' , or 'over priced'


I think what you are looking for (if I am understanding you correctly) is a stock with a low 'per share' price that also is a good VALUE and has the potential to go up in price... as opposed to just random penny stocks that will probably go down or maybe aren't a great value.


Is that right?


I personally think Ford (F) is a fairly safe stock. Picking it up at the 9$ - 12$ per share range is always a good idea. Its on the high end of that range right now but at times pays about 5% dividends on top of possible gains. Put it on a watch and start picking it up if it drops towards 11 or 10. (imo)


SoFi (SOFI) is a good one in the 7$ range. They are new , a banking company, and could be explosive growth in a few years. Buying some sofi in little chunks here and there if it stays around 7-10 could be a good long term plan. Its risky but could grow a lot.


Vacasa (VCSA) is a kind of vacation rental company similar to air-bnb (but different). They are extremely risky and extremely volatile, but in the 7's i think its a good deal.


Newegg (NEGG) the computer online store that you order hard drives and pre builts from is trading at a dollar a share. Theyre in trouble but you could try and buy some for a dollar and hope it goes up to a buck fiddy and sell.. LOL


just a few random thoughts this AM

[Rain Man]

Originally Posted by Ming the Merciless

even a CD or high yield savings is 5%

better than 0

I just got a 3-month CD at 5.4 percent the other day. It's not going to make me rich, but it's a darn good place to park money while these rates last. Then I can figure out where to put it long-term at my leisure.

[Rain Man]

Originally Posted by Hog's Gone Fishin

Yet NVDY is dropping a $2.62 dividend this week
CONY $1.66
AMDY 1.37
TSLY is at .81

Yeah, but that kind of thing is for men who dive off cliffs and hunt with crossbows and flirt with women. I'm a humble gatherer who never travels far from my financial village.

[lewdog]

Originally Posted by Hog's Gone Fishin

Yet NVDY is dropping a $2.62 dividend this week
CONY $1.66
AMDY 1.37
TSLY is at .81

Take stupid shit like TSLY off the list.

It's -11% year to date in total return, -22% in 6M return. A ****ing dog. Dividends do not matter if your capital is being sunk by a stock moving in the wrong direction!

[myselff77]

Originally Posted by Hog's Gone Fishin

Debbie Downer speaks again. Still not worth a listen.

Smart people buy good companies when they're at a discount / Warren Buffett

It's a little ironic you use that Warren Buffett quote referencing some funds that are not actual companies.

I have nothing against TSLY and similar investment funds, I just don't really understand them and the risk. Buying stocks, options, shorting stocks all make sense in terms of what could go wrong that would cause one to lose a lot of money. I Have no idea on what scenario would result in TSLY completely tanking? Does the fund manager basically bet on the stock going one direction and if it goes the other direction that would be worst case scenario?

[myselff77]

Originally Posted by Hog's Gone Fishin

TSLY performance is based on ONE company and ONE company alone. Tesla

Tesla has been down for quite some time, but seeing it's the largest EV maker in the world and involved in so many other avenues for revenue it's got a bright future. 5 years from now it will be booming as it's still in the growth stage

I was hoping you might answer the questions on the risk of TSLY. If you are talking about Tesla itself booming over the next 5 years, why not just invest in TSLA? How does TSLY share price or dividend payout grow or diminish? As long as Tesla grows is TSLY guaranteed to have more success? If Tesla tanks, does TSLY tank worse or does TSLY still make money because maybe they might be betting on TSLA to tank at that point in time?

[DaFace]

Originally Posted by Rain Man

Yeah, but that kind of thing is for men who dive off cliffs and hunt with crossbows and flirt with women. I'm a humble gatherer who never travels far from my financial village.

From the looks of it, they also sometimes dive into water that's 3' deep and then brag about how great the food is at the hospital.

[Buehler445]

Originally Posted by DaFace

From the looks of it, they also sometimes dive into water that's 3' deep and then brag about how great the food is at the hospital.

Eh maybe, I'm not necessarily opposed to an income strategy in retirement. I don't think I'd probably go with those covered call type funds, but interestingly if you compare SPYI to JEPQ, JEPQ will outperform the covered call fund, but the income (cash dividends) is actually higher out of SPYI. If a guy is trying to live off dividends and keep his nut together, I don't necessarily hate it.

Still better in something like JEPQ over the intermediate-long term, but it's not always self-destructive in all cases.

EDIT: Link to test

[lewdog]

Originally Posted by Hog's Gone Fishin

TSLA doesn't pay a dividend. TSLY does. TSLY payday is tomorrow and I'll get around $1200. Owning TSLA is purely for growth. Owning TSLY is purely for income.

If I had it all to do over again I would not have bought TSLY, I would have bought NVDY or CONY but like all stocks hindsight is 20/20. Like lewdog says , TSLY has been a dog but he only points out the negative. I will not lose ANY money investing in TSLY, but it will take longer to pay out than I hoped.

TSLY was the first fund YM came out with. Now they have about 20 different options.

And yes , as long as TSLA grows, TSLY will increase in share price as well as dividend.

And to Daface's comment, hospital food isn't so bad once you get accustomed to it .

Dividends only make sense for “income” if the share price is relatively stable. A volatile stock price coupled with a dividend is a recipe for declining capital without a return to match.

TSLY seems to have the same downside risk as TSLA but lacks the growth potential during bulls to match the returns you’d have by actually just owning TSLA. Again, total returns!


https://seekingalpha.com/article/466...ar-performance

[Ming the Merciless]

Originally Posted by lewdog

Dividends only make sense for “income” if the share price is relatively stable. A volatile stock price coupled with a dividend is a recipe for declining capital without a return to match.

TSLY seems to have the same downside risk as TSLA but lacks the growth potential during bulls to match the returns you’d have by actually just owning TSLA. Again, total returns!


https://seekingalpha.com/article/466...ar-performance

thats not totally true


as long as the total return is higher ( taxes you pay on the dividends included, compared to long term capital gains of growth capture).. then even if the price drops, a high yield dividend stock can make sense..


but whats more concerning for some companies is the stability and risk of the dividend payment itself


https://seekingalpha.com/symbol/TSLY/dividends/history


Some companies have a proven track record of maintaining their dividend payment and even growing the dividend yield. This one (TSLY) looks really high right now but how long can they keep going like this?


For income / dividend ETF



I kind of like QQQX and QYLD. Maybe not as bold as TSLY but also less risky...

[Rain Man]

My purchase of NVDA stock is going to get an entire chapter in my autobiography. I'm up over 1,200 percent over the past three years or so.