Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

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Habbaku

Quote from: Valmy on June 25, 2024, 11:40:08 PM
Quote from: Habbaku on June 25, 2024, 10:24:00 PMI highly doubt he makes the line go up any more than Vanguard/etc. would. I suspect you are getting fleeced.

Yeah I doubt this IRA radically outperforms other IRAs. Though I am not sure that means I am getting fleeced.

The expense ratios of some guy at a bank are likely much higher than a more passively-managed portfolio.
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

DGuller

Quote from: Admiral Yi on June 25, 2024, 11:48:23 PM
Quote from: Hamilcar on June 24, 2024, 01:38:48 PMNVIDIA has peaked for now. Maybe for good. Been switching to data centers.

This is crazy.  They are the only producer of a product that everyone wants to buy.
No matter how valuable some property is, it can still be overpriced, especially in a liquid market.

Admiral Yi

Quote from: DGuller on June 26, 2024, 10:17:42 AM
Quote from: Admiral Yi on June 25, 2024, 11:48:23 PM
Quote from: Hamilcar on June 24, 2024, 01:38:48 PMNVIDIA has peaked for now. Maybe for good. Been switching to data centers.

This is crazy.  They are the only producer of a product that everyone wants to buy.
No matter how valuable some property is, it can still be overpriced, especially in a liquid market.

That is a different argument than whether a given stock has reached its all time peak.

Admiral Yi

Quote from: Habbaku on June 26, 2024, 08:20:13 AMThe expense ratios of some guy at a bank are likely much higher than a more passively-managed portfolio.

The guy who day trades the VIX is talking up index funds. :P

Admiral Yi

My $240 Tesla calls got assigned.  400 shares sold So I sold three $230 puts.  That's me trimming the position.

Sold more NVidia and Square calls.

Habbaku

Since I've run out of tax advantaged places to park my investments, I've begun throwing some extra cash into NANC.  :sleep:

QuoteSubversive Unusual Whales Democratic ETF (Ticker: NANC) invests in equity securities purchased or sold by Democratic members of Congress and their spouses.

Investments by members of Congress and their spouses must be disclosed pursuant to the Stop Trading on Congressional Knowledge Act ("STOCK Act").

STOCK Act filings are filed with either the Senate Office of Public Records or the Clerk of the House of Representatives and made available online pursuant to the Ethics in Government Act "EIGA", as amended.

The fund will not consider investments by any U.S. Congressperson who is not registered as a member of the Democratic Party, or their spouse.
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

Admiral Yi


Valmy

Quote from: Habbaku on June 26, 2024, 08:20:13 AMThe expense ratios of some guy at a bank are likely much higher than a more passively-managed portfolio.

Probably. But like most of the things I manage I don't have full control over them. I am just a caretaker while my mother still lives. Then I get half of it and once all my debts are paid I will do something different.

I just get a kick out of all the evil companies my family is profiting from.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Tamas

I should have gotten rid of my Intel shares while the going was good what the effin' hell.

Habbaku

Quote from: Valmy on July 23, 2024, 11:54:51 AM
Quote from: Habbaku on June 26, 2024, 08:20:13 AMThe expense ratios of some guy at a bank are likely much higher than a more passively-managed portfolio.

Probably. But like most of the things I manage I don't have full control over them. I am just a caretaker while my mother still lives. Then I get half of it and once all my debts are paid I will do something different.

I just get a kick out of all the evil companies my family is profiting from.

I trust in your ability to explain to your mother that some guy at the bank is robbing her.  :P
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

Hamilcar

Quote from: Admiral Yi on June 25, 2024, 11:48:23 PM
Quote from: Hamilcar on June 24, 2024, 01:38:48 PMNVIDIA has peaked for now. Maybe for good. Been switching to data centers.

This is crazy.  They are the only producer of a product that everyone wants to buy.

Turns out this was a great call. Bought the dip at 108 and 95.

Tamas

I have sold my Lloyds bank shares I held since 2018 when I managed to buy them ALMOST exactly at the top. Now they are ready rocket to the moon.

Admiral Yi

Question for anyone who hold bonds or bond funds.

I expect interest rates to rise, and would like to capture those rates when they do.  The problem with bond funds as I see it is the management fee.  I skimmed some a while ago and saw fees at like 1.30%, which seems like a gyp when your total yield is 4.5-5.0.  The other alternative is buying named bonds.  The problem there is the bid/offer because they're thinly traded.

Any suggestions?