Stocks and Trading Thread - Channeling your inner Mono

[MadImmortalMan]

BOE is maybe the most easing-friendly central bank right now. They are trying to out-Japan the BoJ. There's a lot of talk about shorting the Pound right now. People are comparing it to the setup Soros used to make his 100billion dollar short on sterling and forced the BOE to pull the pound off the Euro exchange rate mechanism.

I don't trade forex, but It'll be nice to take another trip to the UK. The last time I was there was pre-crash and the exchange rate was 2/1. Who wants to pay $30 for fish and chips?

[Admiral Yi]

Cal, I've got some money sitting on its ass right now.

What REITs do you own/like?

[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.