Stocks and Trading Thread - Channeling your inner Mono

[Caliga]

I own VNQ and VTR right now.  VNQ is an ETF index tho.

[Josquius]

I recently read an article about how people with stock in various Japanese companies get all sorts of free gifts from the companies. Sadly it requires levels of stock ownership that would make the value of these gifts worthless ($7000 worth....) but intruiging nonetheless.
I really wish this stocks stuff was easier to do on a low level. Doesn't seem to be at all worthwhile with transaction fees, handling fees and all sorts of fee fees.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

Unless you actually get to physically own the silver. That would be cool.

[Caliga]

I own 10 shares of Sony.  Where's my goddamn Jap bling 

[Josquius]

I own 10 shares of Sony.  Where's my goddamn Jap bling 

100 seems the usual cutoff.
And the company not being in the process of going under helps too.

It was an updated version I read but it is pretty interesting:
http://www.nytimes.com/2003/09/20/your-money/20iht-mperks_ed3_.html

[Admiral Yi]

I own VNQ and VTR right now.  VNQ is an ETF index tho.

I was hoping for a little richer dividend yield.

[Caliga]

REITs pay a decent, steady dividend (which they are required by law to do, in fact) and they are typically a good long term investment because their business is owning a large pool of tangible assets so it's not like they're going to vanish overnight like a pharma or a tech company could.  If you want a huge div yield then you're going to need to look into something way more risky.

[Ed Anger]

I recently read an article about how people with stock in various Japanese companies get all sorts of free gifts from the companies. Sadly it requires levels of stock ownership that would make the value of these gifts worthless ($7000 worth....) but intruiging nonetheless.
I really wish this stocks stuff was easier to do on a low level. Doesn't seem to be at all worthwhile with transaction fees, handling fees and all sorts of fee fees.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

Unless you actually get to physically own the silver. That would be cool.

It is in the safe. It isn't that exciting. 150 tiny little rectangles.

[Admiral Yi]

REITs pay a decent, steady dividend (which they are required by law to do, in fact) and they are typically a good long term investment because their business is owning a large pool of tangible assets so it's not like they're going to vanish overnight like a pharma or a tech company could.  If you want a huge div yield then you're going to need to look into something way more risky.

It appears there are a variety of REIT types.  The one Mimsy turned me on to, AGNC, doesn't own any property, it buys government-issued MBS.  That type pays a mongo dividend.

[Tonitrus]

I recently read an article about how people with stock in various Japanese companies get all sorts of free gifts from the companies. Sadly it requires levels of stock ownership that would make the value of these gifts worthless ($7000 worth....) but intruiging nonetheless.
I really wish this stocks stuff was easier to do on a low level. Doesn't seem to be at all worthwhile with transaction fees, handling fees and all sorts of fee fees.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

Unless you actually get to physically own the silver. That would be cool.

It is in the safe. It isn't that exciting. 150 tiny little rectangles.

It's enough to buy five Jesuses.

[Ed Anger]

I recently read an article about how people with stock in various Japanese companies get all sorts of free gifts from the companies. Sadly it requires levels of stock ownership that would make the value of these gifts worthless ($7000 worth....) but intruiging nonetheless.
I really wish this stocks stuff was easier to do on a low level. Doesn't seem to be at all worthwhile with transaction fees, handling fees and all sorts of fee fees.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

Unless you actually get to physically own the silver. That would be cool.

It is in the safe. It isn't that exciting. 150 tiny little rectangles.

It's enough to buy five Jesuses.

Jesus saves.

[Alcibiades]

What do you guys think of Tesla motors?  (TSLA)

Been watching them for a few weeks and hoping I didn't just miss a window, looks like they're about to have a nice spike in the morning.  Really hoping for another offering though...

[Admiral Yi]

Tesla, no?

I took a look at their site, and it says right there they have a corporate philosophy of never paying any dividends.  That turned me right off.

[Alcibiades]

Yeah I missed a in there, thanks.

[DGuller]

What do you guys think of Tesla motors?  (TSLA)

Been watching them for a few weeks and hoping I didn't just miss a window, looks like they're about to have a nice spike in the morning.  Really hoping for another offering though...

IMO, from an car guy's perspective, they're a dead end.  Their current cars are crap, and if there is a breakthrough in battery technology, the big boys will put it in place first, and much more comprehensively.  Then again, their crappiness may already be fully priced in, so buying their stock is like taking a gamble that they'll turn out to be less crappy than expected for a while.

[Alcibiades]

What makes you say they are crappy?  And already they are the leaders in battery technology and actually supply the big boys with their current battery technology.