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investing

Investing podcast suggestions

I have a long drive and looking for some good content to listen too. Does anyone know of any good podcasts that have been recently released that focus on the current market environment, trends, stock picks, fundamentals and/genuinely good interviews from experts. I listened to a few the other with week with el erian and dalio but can’t remember what show it was on. Thanks!

t3_tomt10

investing

Daily General Discussion and Advice Thread - March 26, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tokkmr

investing

How to estimate when a company will go bankrupt?

There's this stock RespireRX that's literally going for about a penny. But, they have some high value medications in development. The one that makes the company recover should be out in 2 to 3 years. But, they might go bankrupt prior. Currently, they're going through restructuring and seeking to raise additional capital to stay in business. How can I estimate when they'll go under? At one point this was a $1k stock, and if they recover it's going from a penny to $1k a share in ten years. Would turn $1k into $100 million.

t3_toiss9

investing

Has anyone had some success using guidance from Better Investing?

I joined Better Investing a while back. It seems like they use a good value-based (proprietary) software system to help their customers make decisions. Has anyone out there found it useful or found some quirks or downsides? Their philosophy seems reasonable, though it requires making a best guess for future sales and earnings but they provide a lot of links to good information (morningstar , value line, Zacks etc) to help you make your own forecasts. I can't say it's lead me to any righteous 10 baggers (yet) or anything but more evaluations could lead to that diamond in the rough. Just wanted to get other takes on their system.

t3_togg0j

investing

Looking at Doordash's 10k filing. how can i find their definition?

Looking at Doordash's 10k filing, their section on Revenue shows this https://imgur.com/a/csRMxRs basically saying all their revenue is from their core business. which is "primarily comprised of Marketplace, which includes Pickup and DoorDash for Work, and Drive." but wat does that mean? i dont know how to find out how they define that.

t3_tof4oh

investing

Question about sold Cash Secured Puts

If you sell a CSP that expires at end of week and the stock price never dropped to or went below the strike that you set, is there anything else that you need to do with that contract at end of the week market close? Or will the entry at your brokerage automatically just fall off?

t3_toa2qt

investing

Will Shaw shares vanish on deal completion?

Hello, Will someone please kindly advise what will happen to my 125 class B Shaw shares after the Rogers deal closes? Purchased on TSX Do I simply get paid out and the stocks are removed? I imagine shaw stocks will be absorbed into Rogers once the deal is completed. Or is there more to this? Thanks!

t3_to4w37

investing

Vanguard offering three new actively managed funds for their VPAS clients

https://investor.vanguard.com/investor-resources-education/campaign/the-advised-advantage-new-active-equity-offer Since this sub generally prefers the lowest ER funds, which aren't usually actively managed, I'm interested in feedback on Vanguard's new offering. The ERs are of course higher than the usual recommended Vanguard funds. I'm curious if you think the potential returns of these funds could make the higher ER worth it.

t3_tnxjdv

investing

Investing in the Sports Industry

It is possible to invest in sports, although it’s different from investing in other industries like technology, retail, materials, financial institutions, and others. The main reason? Only a few big sports organizations are trading in public markets, and unless you have deep pockets and know the right people, it’s unlikely you’ll have any other choice. For example, you can’t directly invest in the Dallas Cowboys or Tottenham – they’re private companies. You could buy a team if they get put up for sale, but you’d need a LOT of money. So, where/how could you invest? What are investments in sports available for the public investor? # 1. Stocks The easiest way to invest in sports is by buying shares of publicly traded companies available to the general public through different stock exchanges. Some examples are: * **Teams**: Manchester United, New York Knicks, Atlanta Braves, Juventus, Toronto Blue Jays, Borrusia Dortmund, Ferrari * **Sports Apparel**: Nike, Puma, Lululemon, Adidas * **Sports Retail & Accessories**: Dicks Sporting Goods, Footlocker * **Technology:** Peloton, Catapult Sports * **Media:** Formula 1 (through Liberty Media), The Madison Square Garden Company, ESPN (through Disney), CBS (through Paramount), Fox, Comcast * **Betting & Entertainment** – Draftkings, the WWE, MGM Resorts, Penn National Gaming, EA Sports Some advantages of investing in publicly traded companies are high liquidity, relatively low risk, ease of access, and availability of information. The disadvantages are the limited alternatives and return potential. # 2. Venture Capital / Early Stage investments The idea behind venture investing is to find startups developing technology or solutions for the sports industry and invest in them early to help them grow. Some of the most popular funds that invest in early-stage companies in sports are: * Elysian Park * leAD Sports * Raine Group * KB Partners * SeventySix Capital * Stadia Ventures * Courtside Ventures The advantages of investing in VC are high asymmetric return potential and a broad set of alternatives/opportunities in diverse sports sectors. The disadvantages are the high barrier of entry (i.e., you need more money), low liquidity, high risk, and there isn’t much information on the companies either. # 3. Private Equity Private equity firms invest huge amounts of money and have access to diverse investment opportunities related to sports. Investments here are more distinctive – from funding a specific sporting event, acquiring a stake in clubs and leagues, or even getting a share in media rights deals. Some PE firms in the space are Arctos Sports, Dyal Capital Partners, RedBird Capital, and Sixth Street. These investments are even harder to access than VC, but they offer some exciting opportunities in sports to those who can afford them. # TLDR; There are a few ways to invest in sports (stocks, VC, PE) that depend on your budget and interest; however – as you probably realized, there are many gaps in the market. What if you wanted to invest in the future of up-and-coming athletes? What about investments in youth sports teams or leagues? Or sports facilities? Cities hosting Olympics/World Cups? Blockchain technology is helping with that, but expect new technologies to enable more and different investments in sports to the general public. *Edit: Source – Originally posted on the Sports-Tech Biz Magazine*

t3_tntuw7

investing

Stock splits inside an ETF

Pardon what may be a silly question! I can’t find the answer anywhere that I’ve looked online… When a stock that’s held in an ETF splits, does the ETF adjust the amount held at all? I know the value of the stock remains the same at the time of the split, and therefore does not change the value of the ETF, but would the ETF be bound by any sort of allocation number to sell the newly split shares?

t3_tnptvx

investing

is investing in autocracies too risky now?

So we all know what's going on with Russia and what happened to everyone who had investments in Russia. I am guessing it was still a small portion of most portfolios. Lately I've been looking at my MSCI Core EM IMI ETF and wondering about the risk China introduces in my portfolio. Should China get adventurous and USA decides to delist Chinese stocks, there goes a big chunk of my portfolio. Is this a concern for others too? If so I imagine they will be limiting further investments in China which already translates to poor returns.

t3_tnpkfr

investing

Why are other companies unable or unwilling to improve their trading UIs?

So it's certainly not an unpopular opinion to say that Robinhood is a flaming garbage barge of a company, but I know there are many people out there, myself included, that still use it simply because the UI is so seamless and intuitive compared to the major brokerage firms. I have a Fidelity account that I opened early in 2021 with the intention of transferring my portfolio to, but after putting \~20% of my funds in to test it out, I couldn't convince myself to make the switch. Their mobile app and website are clunky and off putting to use and their desktop app, Active Trader Pro, while extremely powerful is archaic, unintuitive, and looks like it was built for windows 95 and hasn't been updated since. A big part of investing/trading for me is the ability to quickly ascertain information and then execute on it. In Robinhood that is astoundingly easy. Information about your portfolio is immediately present as soon as you open the app, you can check the status of all of your holdings on the same homepage at a glance, watchlists are presented alongside this information in a way that makes sense, and it all just flows. If at any point I want to buy stock, I can tap the ticker and execute an order within 20 seconds. Fidelity on the other hand (using their \*new and improved\* UI), the homepage also shows you a portfolio line graph, however you can only view performance over the last month or year, no 1 day, 1 week, or 1 quarter options, and for some bizarre reason it measures total change in your account rather than ROC/ROI so any deposit or withdrawal makes this information useless. The price charts for stocks are harder to read and update less frequently (5min rather than every few seconds). Buying stock requires twice as many steps/clicks at a minimum. And viewing options chains and trading options in general is a nightmare. I am not a web/app developer so I cannot speak to the difficulty of improving these systems, but I can't imagine that with the budget these major financial institutions have they wouldn't be able to create a similar user experience that is offered by Robinhood but with a much better company backing it. And I used Fidelity as my comparison just because that is the only other brokerage account I have actively used, but I have seen the UI of TD Ameritrade and Vanguard and was not impressed with them either.

t3_tnoli6

investing

Hi! I am knew! So can somebody help?

So….I read or listened someone talk about of 5%divided low risk no volatility…ecc,so the jest I get is if I give 1000€ in that I get 25-30 € every months?right? So now the kicker where can I do that?online?or at whatever bank?,and more importantly I am eu(italy) can I do it or is it not for me?,(my dream is to make a good deposit like 10.000 to 25.000€,that would take me years of working and more….but of I can get every month a significant amount like 600-900 I can get a anticipated pension I can get my real dream of living in my countryside real,can I?)

t3_tnjei4

investing

Daily General Discussion and Advice Thread - March 25, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tnhrmu

investing

Amazon vs. Tesla - what are your thoughts?

Over the past 5 quarters, Amazon’s operating income has been getting decimated by inflation. The share price has been range bound for the past two years. Meanwhile, Tesla’s operating income has exploded. They’ve been range bound while their PE has compressed from over 1000 down to 180. In other words, through their impeccable execution, they’ve delivered unbelievable margins while continuing to scale. Amazon and Tesla are two companies that have been range bound for roughly the same duration. That sometimes means they’re about to make a swing in either direction. I’d put a spread trade on the two (Tesla up and amazon down) for the following reason: Tesla’s operating income has exploded sequentially for the past 5 quarters while amazons has done the exact opposite. I also think amazon is going to take a -$9 eps hit in Q1 driven by rivian and continued operating expense inflation. In Q1 ‘21 amazon hit $16 eps. That means their PE ratio is set to sky rocket with limited upside growth on top line revenue. Tesla on the other hand is just starting this journey. They built the infrastructure during a period pre-inflation and are flooded with cash. In an inflationary environment, you want/need improving margins. Tesla is delivering on that while Amazon is not.

t3_tndlzz

investing

Buying land or property to install and lease digital billboard

I have a few residential rentals and will probably be selling one soon. I'm researching different investments and came across the digital billboard market. My plan would be to buy the land and the digital billboard but having a management company (probably an outdoor or advertisement agency) sell the ads and operate it. Ideally I would get a property on a high traffic road and, if a building exists, be able to lease the building separately. I have the impression that it could be very profitable. Has anyone here done something similar? I'm specifically trying to find hard cost (digital billboard with installation), operational cost, and revenue/ROI. Any feedback is much appreciated. Thanks.

t3_tna1br

investing

Is there a housing price bubble in Turkey?

Hello everyone, i have a question. Is there a housing price bubble in Turkey atm? I have a lot of euros in cash right now and as you know there is an ongoing housing price increases in Turkey. I am currently considering buying a house at the moment with euros. We have low interest rates but a new system that covers the fall of Turkish lira compared to US dollars and pays the difference to you in full. But the payment is done by printing money so i think we are on the verge of a huge hyperinflation. Should i wait for black market cash euro sell or hyperinflation, instead of buying a house? Is there a housing price bubble in Turkey? Will the prices of houses drop? Will i be able to buy more with the euros that i have in a crisis situation? Thanks in advance.

t3_tn6j5x

investing

Alternative data - what to look at?

If you had access to literally hundreds of various datasets, what are some of the things you'd be interested in analyzing when it comes to the relationships with the data and stock prices across equities/sectors/and so on? Think (in alphabetical order): Amazon AWS, Bloomberg, Refinitiv, Snowflake. I am a dev (at a company, which does use this type of data) and would love to test a few things out. The challenge - overload of information, so your ideas would be greatly appreciated.

t3_tn4pij

investing

Lithium in American and $LBNK IPO

LG Energy Solution is planning to build a battery factory in Arizona which will be the first in the U.S. to make cylindrical cells. Cylindrical cell batteries are used in Tesla and Lucid vehicles. source: https://www.reuters.com/technology/lg-plans-build-battery-factory-arizona-supply-tesla-others-sources-2022-03-23/ With this development and others like point towards investing in North American sourced lithium IMO. One such company Lithium bank (which has lithium assets in Canada) is expected to IPO on the TSXV under the symbol $LBNK.V. $LBNK's flagship project Sturgeon Lake is located near Edmonton making it very accessible. This project has an estimated 5.97M tonnes LCE, an average LI concentration of 67.1 mg/l and a total elemental Li recourse of 1.12M tonnes. Considering that Canada does not have many domestically-sourced lithium companies that are public, I think $LBNK's IPO poses a unique investment opportunity Definitely something to look into before they go public IMO: https://www.lithiumbank.ca/

t3_tn22s2

investing

The elephant in the sub when it comes to discussing investing in countries like China or Russia.

Can we talk about how anytime politics become part of the discussion, the comments get locked. The mods need to understand that investing has a lot to do with politics and political systems. We need to let people know about risks involved in investing in non democratic countries. People always seem to forget the number one rule of capitalism. Only invest where your capital ownership is protected. In otherwords, never loan money to the king of Spain... since he is the judge that will ultimately determine if has to pay you back. Please let people discuss issues steming from investing in non democratic political systems. Thanks.

t3_tmwiy3

investing

How Do Taxes Work On Cash App Investing?

I'm a 17 year old, so my mother's name is on my cash app account. If I were to buy and sell stocks, would I have to pay the taxes on her tax filing next year or does cash app automatically tax it? I've done m a good bit of research into investing but I dont fully understand how its taxed.

t3_tmrgia

investing

Alternatives to TradingView that have Bar Patterns and More Broker Feed Features

Hi Everyone, Was wondering if you all could point me to alternatives other than Trading View that have features such as Bar Patterns, more Broker Feeds (Other than just ARCA and NYSE), etc. I like Trading view but the lack of alternative brokers makes real time feed not too accurate...Thanks for the help!

t3_tmq1va

investing

New Investment Strategy - Brainstorm Party

Hey everyone, was hoping to see if I could get some opinions on a potential new (at least new for me) strategy. I’ve been very modestly investing in individual companies with the super majority of my funds going straight into either the SP500 (FXAIX – Fidelity’s index fund) and Nasdaq (QQQ). I’ve been reading how diversification can help lower overall risk but can also impact portfolio growth. My goal is NOT to buy $2000 Tesla calls or $250 Amazon leaps for a potential post-stock-split-surge or anything like that (and quite honestly, I barely have touched contracts so just bear with me if that verbiage is off lol). It also seems like doing the “*classic*” “100 minus your age” formula for stock to bonds ratio seems extreme, as I’m 29 years old having my portfolio and 29% bonds seems ridiculous – ***to me*** (debating this is not so much my hope for in this post lol). I don’t know if I’ll ever be able to get over the fact that the [Vanguard Total Bond Market Index Fund (VBTLX)](https://www.google.com/finance/quote/VBTLX:MUTF?window=MAX) has had a 2.54% increase since November 16, 2001 granting about a 0.12% increase per year, on average, over the last 21 years – not inflation adjusted. # Goal To find some type of happy medium between spending all day researching stocks (which I enjoy – but not sure how sustainable that is long term as I do data analysis full time and someday, in the next 3-5 years, will hopefully have kiddos to look after) and over-diversification which *could* prevent portfolio growth (....*and is a little boring*). # Disclaimers before continuing: **1.** I know that adding bonds to your portfolio hedges against risk but as I’m still (very slightly) part Ape..I just really don’t care about taking a big hit – AS LONG AS I KNOW I’m invested in good companies that will (also understand this isn't guaranteed) bounce back over the next 30 years. **2.** I know that SP500 is roughly 500 companies and that QQQ is even less at about 100. Which you could easily argue is pretty concentrated. My argument against this is that there are a handful of companies that I personally don’t like as much (some from moral standpoints, some just purely uninterested and would rather have my money invested elsewhere) and that with the top 10 companies (really the top 9 since Google is always split into Class A and Class C for some reason in these holdings) they generally make up 30% of the entire allocation (at least in the SP500). So if I’m okay with a *little* more risk (hoping for a little more growth) why not purely invest in those? # Alright – to the potential strategy part.. My thought is that I could pull the holdings of SP500 ([FXAIX](https://fundresearch.fidelity.com/mutual-funds/composition/315911750) for this example – [here is the full list of holdings](https://www.actionsxchangerepository.fidelity.com/ShowDocument/ComplianceEnvelope.htm?_fax=-18%2342%23-61%23-110%23114%2378%23117%2320%23-1%2396%2339%23-62%23-21%2386%23-100%2337%2316%2335%23-68%2391%23-66%2354%23103%23-16%2369%23-30%2358%23-20%2376%23-84%23-11%23-87%230%23-50%23-20%23-92%23-98%23-116%23-28%2358%23-38%23-43%23-39%23-42%23-96%23-88%2388%23-45%23-32%23-112%23-4%23-65%23-3%2375%23102%23-104%23-74%235%23-89%23-105%23-67%23126%2377%23-126%23100%2345%23-44%23-73%23-15%238%23-21%23-37%23-17%23-14%23-98%23123%23-18%2345%23-59%23-82%2367%2383%23112%2317%2370%23-78%2378%23-50%2336%23-86%23-90%2381%23-21%23-119%23-30%23120%2349%2328%23-98%2333%2351%23-78%23-119%23-16%2350%23-58%2350%23102%2348%23-17%2352%23-99%23), you may need to click “Monthly Holdings Report” tab on that link if you’re not directed there). Then get the top 10 companies (you could change this to top 5, top 20, 30, etc. – whatever you’d feel comfortable with, obviously the more you add, the more diversification, the less risk, and the closer to SP500 performance you’d be). In this example, we’ll take the top 11 holdings (since Google is split into two – we’ll combine that leaving us with top 10 companies). Grab the allocation percentage for each, add those up, then divide the allocation percent by the sum to get it based on 100%. Calculation walkthrough: **1.** Apple is currently #1 at 7.098% **2.** If you add the top 11 holdings you get 30.028% **3.** 7.098/30.028 = 23.638%. This would be the allocation in our portfolio for Apple **Test Portfolio Allocation**: |Company|Our Test Portfolio Allocation|SP500(FXAIX) Allocation 3/2022| |:-|:-|:-| |Apple (AAPL)|23.64%|7.10%| |Microsoft (MSFT)|20.26%|6.08%| |Google (GOOG + GOOGL)|13.65%|4.10%| |Amazon (AMZN)|11.32%|3.40%| |Tesla (TSLA)|6.61%|1.99%| |Meta Platforms (FB)|6.43%|1.93%| |NVIDIA (NVDA)|5.31%|1.60%| |Berkshire Hathaway Class B (BRK.B)|4.98%|1.49%| |Johnson & Johnson (JNJ)|3.94%|1.18%| |UnitedHealth Group (UNH)|3.86%|1.16%| |**Total**|100.0%|30.03%| Here is a [screenshot of the portfolio allocations and calculations](https://imgur.com/a/Iimxz2q). # Backtesting Before I’d want to implement this strategy, I’d want to try to back test it and compare it to SP500 performance. This is just difficult because the *holdings change over time*. I can’t take the holdings of the SP500 today and compare it over the last 20 or 30 years because they were not allocated similarly back in 2000 or 1990. Similarly, it’s surprisingly difficult trying to find something along the lines of historical, monthly holdings (or even historical, annual holdings) for these index funds/ETFs. In an attempt to use the current holdings, I created a portfolio test comparing the new strategy to FXAIX from *1/1/2021 to today* and it looks like we have pretty good results. I know this is an extremely short time range but at least it’s something. Here's a [screenshot to the portfolio test](https://imgur.com/a/Y1K00z8). The highlighted portion is for argument #1 below. # The two main arguments I could see going against this strategy is: **1.** If the top 10 companies underperform the rest of the SP500 then, because you’re not as diversified you could have a larger loss. And yes, while I’d agree with that, I'd also add if the top 10 are going down, the whole thing is more than likely going down – while FXAIX may drop less than our test portfolio (like we see highlighted in 9/2021 to 10/2021 in the [portfolio test screenshot](https://imgur.com/a/Y1K00z8)), having a more concentrated portfolio in these top companies, I believe, long term, may give better results while also giving you a steady strategy to keep your eyes on for the future. **2.** You can have companies go bankrupt (like General Electric, Sears, etc.), how do you account for this? Those companies don’t just fall off the face of the earth, we saw a decline in their holdings percentage as they lost market cap - to be honest, I don't know exactly how quickly they fell from their places in the top 10 since finding that historical information is a little bit of a pain and this was before I really followed the markets. However, this loss in market cap would be reflected in our portfolio as well. Because of taxes, I don’t know if you’d want to rebalance monthly or what the best cadence would be – but I think rebalancing either quarterly or semi-annually would be okay. Also note, if Apple (or any one of those top 10 companies) were to...say double their debt while losing like 50% of cash flow or something, I’d bet just about anything we’d see headlines all over the place – so yes, it may be beneficial to keep some type of finger on the pulse of the market but it’d be much more hands-off than reading 10-Ks/doing fundamental research and technical analysis. ​ This strategy seems like it lets you invest in the greatest companies in the world and be more concentrated in those companies, while also taking the emotional aspect out of the game. Wanted to know everyone’s thoughts on this and see if we can poke any holes! Thanks all!

t3_tmp710

investing

How to defer capital gain taxes, forever (Europe)

Let's cut to the chase. I like trading options, even for things that I'd normally intend to buy-and-hold forever. Eg think the most boomer ETF, but with covered calls. This is fine, but there's a big difference between a but-and-hold strategy, wrt taxation. Buy-and-hold doesn't realize capital gains. Selling LEAPS calls and letting them expire worthless, *does*. Is there any trick that one can use to get the taxation benefits of buy-and-hold while realizing (necessarily, since they expire) gains from options? I'm talking about continental Europe, there are no "wash sale" rules here, nor "short term" vs "long term" rules. I've seen the trick where one opens a short and a long position on essentially the same underlying, hoping that one of the sides will be deep in the negative (while the other similarly in the green, of course), then that one can be used to realize a loss, say on Dec 31st, while the other can be closed on Jan 1st (with some overnight risk there), hence one harvests a realized loss in year N for the cost of higher realized gain in year N+1. But maybe the same trick can be used year-over-year? If someone manages to do this, which market/positions you use a instruments and why? Any other ideas? **EDIT**: the more I contemplate this, the more it seems to work. The key details (where the devil lies) is what instruments would be used to create large enough unrealized gains & losses, and cancel each other out. Whether such instruments would be two tickers, or whether they could be built via options. And what would be the overnight risk between Dec 31 to Jan 1, when an unhedged position would need to remain open. Futures don't seem to work, since (I think) they can't be used to create long-term unrealized gains/losses; they are marked-to-market frequently (daily). Which is a pity, because futures usually trade almost 24/7. Cryptos would be another interesting possibility (24/7 trading), but it's hard to create a long AND short position, via the same broker (and it would be better to have everything in the same account, for margin reasons). So, I can't think of a good solution that trades 24/7. My next thought is whether it can be built on more "boring" ETFs plus options, lower volatility stuff, so the overnight risk would not be much.

t3_tmo3gf

investing

Tracking Capital Loss Carryover deduction from year to year?

For Capital Loss Carryover, how do you guys keep track of it from year to year to maximize your income deduction? The max deduction is 3k/year, but I will likely need several years of carryover to fully use up my capital loss. What is the best way to keep track of this capital loss and carryover from year to year? 1) keep track of it on my own personal worksheet 2) Tax software (TurboTax) that I use to file my taxes 3) Annual 1099-B from broker?

t3_tmndb8

investing

Put more money into the stock market or a mortgage at 4%

I am purchasing a new primary residence house and getting a large mortgage at 4%. Meantime I am selling my current house and not sure if I should put 100% of sale proceeds into the stock market (I would put all into qqq) or into the new mortgage (mortgage at 4%) or maybe split it 50/50. I know the stock market on average returns 7% per year vs 4% mortgage and that makes it seem like putting it into the stock market is better idea. But there are other considerations like taxation that makes it quite complicated. I am wondering if anybody has good insight into what is best thing to do here financially. Edited to add: I am 34.

t3_tmikc6

investing

Do you guys watch the Bond Yields?

Before you invest, are you making sure your watching bond yields ? The first thing I learned when working on wall street was to watch bond yields. As yields go up, stocks go down, as yields go down stocks go up. In 2020, 2021 Yields have for the most part gone down. In 2022 however they will likely only go up (given the fed doesn't back down). Compared to **JUST 6 MONTHS AGO**, Bonds are up: US 2Yr up 690% US 5yr up 204% US 10yr up 64% US 30 yr up 31% This rate of increase is unprecedented. (because rates are moving from the lowest lows, to higher) For reference, the debt crisis that caused 2008 was, among other things, caused by a 30% increase in the US 10yr (from 3.9 to 5.1). Also want to mention that this yield increase happened over the course of 1.5 years, not a few months like we're seeing today. Example, the monthly payment for a $300,000.00 mortgage loan in the past 6 months has gone from $1,292 (figured 3.1%) to $1,626 (figured 5%). AKA our economy is grinding to a halt. I'm hoping to start a discussion, what do you think? What are you doing with your money? When does the system crack, is it within the next few months since were rising so fast, or will this take another year or two to play out? ​ \-I've been shorting bonds, TTT & TYO since October of last year. ​ EDIT: Lots of questionable responses on this thread. We're in a bubble. Last edit: Maybe not grinding to a halt. But more a turtles pace. Steep decline though considering we were at cheetah speed.

t3_tmczj8

investing

Find out who makes your favorite private label products

Yesterday I went to Mercadona, the largest supermarket chain in Spain, and all the products in the toilet paper section (baby and adult diapers, wipes, all different types of toilet paper...) were made by the same company: Essity. Essity is a Swedish company, perhaps for this reason unknown, and is second only to Kimberly Clark in its sector. Not only does it produce for other brands, but it owns some well-known own brands. The bottom line, be curious. In a world where private labels are gaining weight, seeing who produces them can make you find hidden gems stocks. P.S. Mercadona is famous in my country for the high quality of its private label products. This is always a good sign, make sure the a private label is not only cheap, but also good value for money. Please let me know if you find other examples! Have a great day :)

t3_tmcqce

investing

Can anyone explain to me the capital flows into the market relative to the actively traded AUM?

I’m attempting to understand how actively trading AUM can cause a dip/correction in the stock market when capital flows into passively managed funds are at an all time high. It would seem every two weeks, the passive fund flow with retirements would be so impossible to fight from a selling perspective, there would be no way to ever see a lasting correction. Can anyone provide color to this relationship or somewhere I can read about it?

t3_tm9kn3

investing

Investing in Southeast Asia?

I’ve been thinking about supply chain shifts, and Larry Fink mentioned it yesterday as well. I expect some will be shifting away from China to other southeast Asian countries such as Vietnam, Cambodia etc. Does anybody think it’s worth investing in any Southeast Asia ETF’s? If so, which ones are you looking at?

t3_tm7wdb

investing

Daily General Discussion and Advice Thread - March 24, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tm1lkr

investing

My option and analysis on JD and DADA

updated the whole analysis and tables [here](https://www.westmoney.com/share/stocknewsdetail?id=956495782389878784&lang=en&color=1&wm=reddit): JD is the leaders among other O2O platform in supermarket segment with a market shares of 27%. They also have now established partnership with 85 out of the top 100 supermarket chains in China. The gap between JDDJ and the second and third players remained wide at 11 and 18 % points respectfully. Thus, I believe that Dada will benefits from this overall trends as they are the leaders in the space. Dada also posted a very good Q4 results with net revenues from Dada Now achieved a RMB718 million. This represent a pro forma revenue growth rate of 80.5% yearover-year, mainly driven by increases in order volume of intra-city delivery services to chain merchants. Net revenues from JDDJ also increased by 80.1% to RMB1.3 billion, mainly due to the increase in GMV, which was driven by increases in the number of active consumers and average order size. The increase in online marketing services revenues as a result of the increasing promotional activities launched also contributed to the revenue growth of JD. In terms of the outlook, For the first quarter of 2022, Dada expect a total revenue to be between RMB2 billion and RMB2.05 billion, representing a pro forma growth rate of 72% to 76% The reason why the company used a pro forma growth rate to evaluate the company is because of effective from April 2021, the cost of riders for last-mile delivery services has been directly paid through third-party companies instead of through the Company. The Company no longer recognizes rider-related revenue and rider-related costs in the income statement for the last-mile delivery services. **Valuation** According to analyst estimates, even though the company is heavily burning money, but it was suprising that analyst is expected the company started to generate profit in 2023 and currently Dada has a forward 2023 PE ratio of 29.67. If the company were able to achieve those results and become profitable in 2023, I would believe that the company would be a good buy because of the big total addressable market and the high growth rate of the industry. However, I remain sceptical about the company achieving profitability soon, as on the latest quarter results of the company, they are no sign of the company slowing its cash burning activities. The sector is very challenging and with a low switching cost if there are no offers or coupons made or given by the platform. This results in consistent cash burning in order to retain the consumer on the platform, thus I will wait until the company shows that it has the road to achieve profitability before I invest in the company.

t3_tlzq1s

investing

Military cybersecurity firms to invest in?

I've been hearing a lot about modern warfare shifting more toward cyberspace and seems to be looming over the war in Ukraine. Any military cybersecurity firms worth investing in? Especially ones that have an emphasis on defense. Don't really know where I'd start going about researching. I've got some industry insight in general IT cybersecurity but quite unsure where the overlap is when it comes to military capabilities.

t3_tlyi4t

investing

Question: How can I find out how the macroeconomic environment affected the stock market historically?

For example, in the past - * when inflation was high, how did the stock market perform? * when the interest rate increased, how did the stock market perform? * When there was a war, how did the stock market perform? What kind of websites and apps should I use?

t3_tlxqwv

investing

Trouble choosing a broker and having trouble switching.

Hello, I have a tough time figuring out what broker to use and I don’t know why since the obvious answer is Fidelity or TDAmeritrade. I am currently with Charles Schwab for my broker using their StreetSmartEdge. My uncle referred me to them and I’ve been using the ever since I started investing and day trading back in September of 2020. They are also my only bank, but starting to move funds over to Fidelity since I have some retirement accounts with them and to see how they are. I like Schwab’s platform but it has issues. I’ve ran into some problems with them, such as placing orders above the ask price and it not filling when it should have like today it should have filled for the few seconds my order was up, but they didn’t go through. Or orders being filled but taking a few seconds to even show up and I have to close the desktop application on windows and log in again to see if the order shows I have a position in the stock and it shows it since I re-started the program. I don’t use Mac OS because StreetSmartEdge is cloud-based for Mac and it’s slow. Or like a couple of times so far when I logged on and the chart, level 2 info, and time and sales being behind by a couple to a few minutes of what Fidelity is showing even though the chart on Schwab and time and sales are showing the present time just the chart values are off, so I restart the program and the information is all right all of a sudden. Almost every time this happens I get mad and say I’m going to go to Fidelity, but it never happens. Today I sort of had enough of Schwab’s platform and think I’m going to really move to Fidelity. Today I submitted about 7 buy orders before the opening bell well above the ask price by a few cents and they didn’t fill, I got really mad. The Schwab broker said something like the only way the order didn’t fill is the exchange didn’t have any sellers below my limit price which is total BS because there weren’t any other sellers above my limit price and I doubt there weren’t any NASDAQ sellers at the time and then goes on to say they had issues with orders/ routing them this morning before the bell for like 10-15 minutes. Schwab has, again and again, had issues. Apparently, Schwab and TDAmeritrade will be “become one” the representative said like these two companies will finally merge in about the summertime of 2023 and then 12 months later Schwab and TDA clients will be able to trade using either StreetSmartEdge or TOS with their same account. So I can use TOS one day and SSE the next which is cool, but yeah the problems they have. I’m not really wanting to wait for that just to use TOS. I day trade Triple Leverage ETFs on margin, almost completely on margin so some cash but barely any. Usually, the max I do is 56% margin against my securities, with Schwab the margin requirement amount for triple leveraged ETFs are 70% but that’s overnight. Last week I accidentally went with a little over 100% margin with these triple leveraged ETFs for a second. I love the thrill of always having a somewhat predictable security that makes big swings constantly throughout the day. Sometimes I place a directed trade so not an auto routed smart trade to buy or sell and immediately as I place the trade the price goes in the direction I want it, but my order isn’t filled and I need to place another order with a higher limit price, so either I am really good at knowing when to get it and I can see I am good at that, but feels like there’s a PFOF going on? Idk. I think I’ll move over the Fidelity, just Schwab seems to be great at mostly everything except for their platform has issues and I have a hard time changing things in my life sometimes. I don’t like having to wait 31 days while switching brokers and not being able to trade these triple leveraged ones to have to avoid cost basis information and all that mess it’ll cause, but I might just have to wait. Has anyone had the same problems with Schwab that I am having? What broker do you prefer?

t3_tlujjq

investing

V2G Tech Bridging The Gap Between EV and Diesel Cost In an Untapped Market

Full disclosure: I retained a small position in $PTRA in my Roth IRA. Disclaimer: I'm not a financial advisor. Do your own DD as always. I want to start a discussion on **V2G** as I think it has reached the turning point in commercialization of V2G tech and its unique but perfect marriage with electric school bus. ​ **What is V2G:** V2G or Vehicle-to-Grid is using electric vehicle specially equipped with bidirectional charging to take energy from the grid when the cost is low such as overnight and selling the energy back to the grid during peak hours when the electric cost is highest. It is important that the EV has a lot of energy left, ie: short routes and mostly unused hours/days. School buses have short routes, spend most of the day not in use and have many months without service particularly in the Summer assuming 180 days in a typical school year. Most electric vehicles can't do V2G. For example, not only my Tesla can't do bidirectional charging due to limitation, even if it could there just isn't enough 'juice' left to sell back to the grid at the end of the day because of high mileage. ​ **Successful use of V2G in commercial settings:** Thomas Built Buses just announced a [long term agreement](https://electrek.co/2022/03/18/electric-school-buses-are-reaching-cost-parity-with-diesel-and-a-california-district-will-deploy-one-of-the-largest-e-bus-fleets-in-the-state/) to 2025 with Highland Electric to sell a fleet of the electric bus Saf-T-Liner C2 Jouley powered by Proterra's 226kWh battery and drivetrain. The 226kWh battery is the largest in the industry for school buses and has the capacity that is more than 16 times that of a Tesla Powerwall battery. This agreement is expanding on their previous fleet order of 326 electric bus in February of 2021 after Highland spent the past year successfully confirming that it is profitable using V2G on the Jouley electric school bus. [Highland estimated that a single bus generated roughly $10,000 for the company over the course of the summer](https://environmentnorthcarolinacenter.org/sites/environment/files/reports/NC_V2G%202022%20scrn.pdf#NC_V2G%202022.indd%3A11654) performing V2G. Highland will finance the purchase of the electric bus fleet, charge the Jouley bus overnight when cost is cheapest, [have the school districts pay on subscriptions for just the miles driven](https://cleantechnica.com/2022/03/21/sbaas-model-brings-electric-school-buses-to-more-districts/), then sell the leftover energy back to the grid during peak hours when the cost is highest. Highland would take care of all maintenance and charging infrastructure. Highland Electric is a company that was created for the sole purpose of commercializing V2G in electric school buses. It's doing this for profit. The result came back so promising that it resulted in them opening their order book for more. ​ **Why is this important:** Having a working business model where it is profitable to buy an electric school bus vs diesel is a game changer. An electric school bus is no longer viewed as just a novelty transport but as a stack of 16 Tesla Powerwalls that just happen to also earn transport income. Cost has always been the biggest hurdle in transitioning from 480,000 diesel school buses to electric. Electric school bus is often priced $120,000-$200,000 higher than its comparable diesel school bus. I'm fully aware of the few billions in funding for new electric school buses in a use-it-or-lose-it mandate and the touted $10,000 or so per year savings on fuel and maintenance. But unless the upfront cost comes down to the same level as diesel, I don't see many of those diesel getting phased out to electric. Having companies like Highland Electric take on the upfront cost and the associated long term risk would get transition to electric sped up and on a massive scale. The fact that Highland found long term, V2G not only make up the difference in $120,000-$200,000 cost difference but actually turning a profit from it is extremely intriguing. Now, for the same amount of money, school districts can get 3 electric school buses instead of 1 by having Highland maximizing the full potential of these powerful batteries instead of having them waste away in the parking lot in down time. ​ **More companies want in on V2G:** Aside from Thomas Built Buses long-term partnership using Proterra's 226kWH battery and drivetrain with Highland Electric, a number of other companies are taking advantage of the working V2G & electric school bus model. \- Dominion Energy selected Thomas Built's Jouley electric bus with its 226 kWh Proterra battery for V2G ([source](https://www.schoolbusfleet.com/10133648/bus-electrification-partnership-to-drive-cost-savings-cleaner-air)). Dominion plans to add 200 buses per years for the next 5 years. \- On a smaller scale, Alaskan Energy and DTE Energy both selected the Jouley electric bus to study and obtain their own data on V2G. \- Blue Bird will provide Nuvve with electric school bus equipped with 155 kWh battery ([source](https://cleantechnica.com/2020/09/20/nuvve-and-blue-bird-combine-to-create-electric-school-buses-that-are-v2g-enabled/)) \- BYD just released a small electric school bus with 150 kWh battery with V2G tech but no partners yet([source](https://www.autoweek.com/news/green-cars/a38952770/byd-electric-school-bus-v2g-charging/)). BYD might have a difficult time getting partners as BYD is being blacklisted by US government from using tax money. Most updated list of Utility V2G pilot programs (3/14/22): [link](https://www.greenbiz.com/article/3-design-considerations-electric-school-bus-vehicle-grid-programs) ​ **Minimal battery degradation from V2G over 10 years:** "In the case of frequency regulation and peak load shaving V2G grid services offered 2 hours each day, battery wear remains minimal even if this grid service is offered every day over the vehicle lifetime." "Frequency regulation and peak load shaving at power rates typical for vehicle charging and discharging will not significantly accelerate battery degradation in comparison to the degradation incurred from driving and calendar aging. Even in the ”extreme” cases in which we assume all EVs provide grid services from 7:00pm-9:00pm every day for ten years, the capacity losses from frequency regulation and peak load shaving only increase by 3.62% and 5.6%, respectively." Source: [Quantifying electric vehicle battery degradation from driving vs. vehicle-to-grid services](http://manuscript.elsevier.com/S0378775316313052/pdf/S0378775316313052.pdf) ​ **FYI for potential investors:** \- Proterra (PTRA) produces battery and drivetrain for Thomas Built Buses as well as other heavy-duty commercial companies. Proterra will have its 3rd and massive 327,000 square foot EV battery factory up and running in the 2nd half of 2022. Proterra also builds electric transit buses. \- Thomas Built Buses is the oldest American bus manufacturer and is owned by Daimler. Daimler Truck is an investor in Proterra. \- Lion Electric (LEV) is a Canadian company and it builds electric school buses among other large commercial vehicles. Lion Electric will have its new $70 million US manufacturing plant completed late 2022. \- Nuvve (NVVE) specializes in V2G platform and is more of an EV charging company. The size of the pie(480,000) is so large that no single company can eat it all. Even if everyone gets just 1% of that pie or 4,800 school buses, at [$500/kWh](https://mdpi-res.com/d_attachment/sustainability/sustainability-12-03977/article_deploy/sustainability-12-03977.pdf) average price for battery and a 226 kWH battery, a company like Proterra would be looking at revenue of $542M for the battery alone. Proterra already [locked up](https://www.proterra.com/press-release/proterra-lg-partner-on-ev-battery-cells/) a stable supply of high-grade Nickel battery cells with LG Energy Solution through 2028. ​ To conclude, I believe the fact that our electricity infrastructure being far from perfect is what makes V2G profitable. I'm excited at the potential of V2G opening the door to a massive and untapped market of electrification of 480,000 school buses.

t3_tklbaw

investing

What’s your investment plan for investing in post-Russian Europe?

Now that Putin’s successfully set in motion the separation of Russia from the rest of the European continent, and food prices are set to rise even more plus all the fluctuations that’ll be happening to energy prices, are you taking a pause or changing your investments?

t3_tld5az

investing

Any good sources of downloadable forward dividend data?

I trade on IBKR and Thinkorswim (less often) and IBKR has forward dividends, with a big warning as to accuracy. So figured I'd find another source to compare it to before trades. Yahoo has Forward dividends in screener, but no obvious way to download results. I want a long list to look at daily for trade, and not have to go in with each symbol. Also weirdly the Yahoo results don't include a column with forward dividends, so you just have to trust the screener worked, and even if I figured out how to download (an API?) I'm not sure there would be a column for it. Any other choices that I can screen for all US equities and dowlnoad a results list into excel, of forward divs? I would be willing to be a modest monthly amount. Thanks.

t3_tld0wb

investing

Intel INTC Trading P/E $10

Intel is spending its own money to build its own factories in both the United States and Europe They have beat on earnings pretty handily over the last three years The have 9+ billion in cash They have a .4 debt to equity ratio What am I missing here?

t3_tl7y9x

investing

Stop limit orders for a call to mitigate risk?

Hi all. I was wondering if it would be a good idea to put a stop limit order on calls that I purchase? I'm looking to get into buying calls and I have heared that it can be very high risk. To help mitigate the risk, would it be a possibility to set up a stop limit order so that if the price falls below a certain price that I don't make too many losses? I've been doing some research on calls but I haven't seen this addressed anywhere.

t3_tl61pb

investing

Investing advice in Metaverse companies

I'm creating a list of metaverse-focused companies to consider. Do you think they are worth investing in? You will see GME because today they announced that they are entering the NFT business. Any advice? [https://i.imgur.com/HkSmFU4.jpg](https://i.imgur.com/HkSmFU4.jpg) [https://medium.loopring.io/gamestop-nft-marketplace-powered-by-loopring-l2-6cdb9289d937](https://medium.loopring.io/gamestop-nft-marketplace-powered-by-loopring-l2-6cdb9289d937)

t3_tl442d

investing

What is Ray Dalio trying to say in his new 43 minute video "Principles for Dealing with the Changing World Order"?

1. He believes what is currently happening in America is not new. We were a previously untested global economic superpower but we are slowly losing our dominance to China, just how countries in the past did. 2. We are losing our dominance to China because we over-exerted our status at the world reserve currency because we printed too much money, just like other countries in the past did, giving China an opportunity to rise. What do others here think about his short film?

t3_tl2ert

investing

Which of these accounts should I get rid of and which should I keep?

I signed up for all these things thinking there could be some benefit to trying different platforms, but it's confusing, and I don't have serious money to invest anyway. Here's the list: * Acorns * Betterment * Robinhood * Stash * Stockpile * Webull * SoFi * Chase, but I have to Chase bank accounts, so it's included. I also have various accounts for crypto, but in that case each has it's own benefits like different coins. I have Coinbase, Kraken, and "Crypto" for that.

t3_tl05ve

investing

Why wasn't the call I sold exercised?

So, a couple months ago I sold an XOM covered call at $85 for $131.00. XOM went all the way up to $91.50 and my call didn't get exercised. Was $419 not enough of a profit for it to get exercised? (sarcasm) Somewhat new to CC, have not had one exercised yet, but this is the one that surprised me. Was I just lucky? When I sold the call I would have been happy to sell it all at $85, as I got in at $54.

t3_tkxg68

investing

Opinion on Wheat 3x Lev USD

Today I bought wheat 3x lev USD stocks at 13,09 € on the basis that grain is gonna go up within the next 60-90 days due to the enduring Ukraine-Russia conflict and the expected bad harvests in many countries. I did invest on petrol, gas and uranium months ago expecting the conflict and made good profit, I know the grain prices already exploded earlier this month but I have a hunch becouse how couldn't they go up? What's gonna offset the grain shortage? But I will be honest, I have my doubts, is anybody else investing on wheat right now?

t3_tkuyyv

investing

Russian Stock Market to Partially Reopen on Thursday

https://www.wsj.com/articles/russian-stock-market-prepares-for-an-unusual-reopening-11648023739 > Russia’s stock market is set to have a partial reopening Thursday, nearly a month after it shut down following the invasion of Ukraine.  The challenge for Moscow is that the resumption of trading could simply send Russian stocks back into free fall. On Feb. 24, the day when President Vladimir Putin began the assault on Ukraine, the main Russian stock index tumbled 33%. While the index regained a fraction of those losses on Feb. 25—its last day of trading—that was before Western sanctions hammered the ruble and sent the country into an economic crisis. >To limit the fallout, Moscow has turned to some heavy-handed policies. It blocked foreign investors from dumping local stocks—a move that some market participants saw as retaliation for a Western freeze on Russian central bank assets since a big chunk of the Russian market is owned by foreigners. The Russian government ordered its main sovereign-wealth fund to buy billions of dollars worth of shares.  >The Russian stock market could ultimately look very different than it did before, with a plan under discussion to split it into separate markets for foreign and local investors, according to a person familiar with the matter. >Russia’s central bank said Wednesday that it will allow trading of 33 shares out of 50 included in the benchmark stock index, the MOEX, on Thursday from 9:50 a.m. to 2 p.m. Moscow time. Among the companies to be traded are Gazprom PJSC and Lukoil PJSC. Bets on the fall of a stock, known as short-selling, will be banned. >Under a policy announced by the central bank on Feb. 28, Russian brokerages aren’t allowed to let foreign clients sell securities. This will prevent foreigners from bolting for the exits as soon as the market reopens, which could be ruinous because of their outsize role in Russian stocks. International institutional investors held about three-quarters of the Russian market’s free float as of February 2020, according to Sberbank Investment Research. >That has raised concerns that the market will be skewed by the absence of foreign investors, who accounted for nearly half of equities trading volume at the Moscow Exchange in the first half of last year. “There will be an illusion of a working, recovering Russian stock market, even though a huge class of players in the market—foreigners—won’t have the opportunity to sell,” said Vladimir Kreyndel, CEO of ETF Consulting, a Moscow firm that advises issuers of exchange-traded funds.  >Among the Western investors that held Russian stocks before the freeze were asset-management giants Vanguard Group and Fidelity International. Both firms have said they are reducing exposure to Russia. Due to the freeze, foreign investors won’t have much to do when the stock market reopens.  >But the plan under consideration by Russian officials—which is still in the discussion stages—would effectively split the country’s securities market in two, with one market for foreigners and another for local investors, the person familiar with the matter said. In this arrangement, foreign investors could sell their shares or bonds, but would face restrictions on moving the proceeds out of Russia because of capital controls that Moscow has imposed since February, the person said. >Such a bifurcated market could result in oddities, such as the same stock having two different prices. That isn’t completely unprecedented. In China, there have long been discrepancies between shares on mainland exchanges in Shanghai and Shenzhen and those listed in Hong Kong. It could also prevent further erosion of the ruble’s value. Russia’s currency has stabilized in recent sessions to trade near 104 rubles to the dollar, though it remains 22% weaker than before Russia invaded Ukraine. >“The biggest fear is that the central bank is under sanctions and they don’t want foreign investors to sell their shares and take the ruble and buy hard currency,” said Jacob Grapengiesser, head of Eastern Europe at emerging markets fund manager East Capital. >The Moscow Exchange said Monday that it would allow for the settlement of trades that foreign investors had placed before Feb. 28 that were still being processed. Mr. Grapengiesser said his firm had trades still awaiting settlement from the start of the war that he expects to go through soon.  >“It’s a natural step before opening the market. You need to take care of those unsettled trades,” he said. “Things are slowly moving forward.” Shortly after the war began, Russia’s prime minister ordered the country’s National Wealth Fund to buy up to one trillion rubles, equivalent to $9.38 billion, worth of shares this year. Analysts also expect some Russian oil companies to prop up their share prices with buyback programs. >Local investors may buy stocks too. When Russia invaded Crimea, the MOEX fell almost 18% between mid-February and mid-March of 2014. But by the end of that year, it had rebounded more than 12% from that March low. The broad index has posted gains in all but one year since 2014. Stocks in unstable countries can also serve as hedges against inflation because locals expect companies can offset rising costs by charging higher prices. >The government’s efforts have led some to be cautiously optimistic about the reopening. “Initially, I think there will be a moderate correction,” said Natalia Smirnova, a financial adviser in Moscow. “But I wouldn’t rule out the possibility that the first day could end up with a modest increase.” >Russia is a minnow of a financial market by global terms. In December 2021, the total market capitalization of companies listed on the Moscow Exchange was about $842 billion, according to the World Federation of Exchanges, which is just under 90% of the current value of Tesla Inc. That made the Moscow Exchange the 20th largest bourse by market cap, just above Brazil’s B3 exchange, in the WFE’s ranking of global exchanges. >Until the war, Russia mostly attracted attention from specialist emerging-market funds and hedge funds, though it made up only a fraction of holdings for most globally minded investors.  >MSCI Inc. said it would drop Russian stocks from its influential indexes that track emerging markets. Before the war, MSCI’s emerging market index had a 2.8% weighting for Russia. FTSE Russell has also announced plans to remove Russian stocks from its indexes. The moves will force investors whose holdings track the indexes to sell—when they can.  Wars have led to stock-market shutdowns before, although it is unusual. The New York Stock Exchange closed for about four months when World War I broke out in 1914, the longest closure in the NYSE’s history. The Beirut Stock Exchange reopened in 1996 after a nearly 13-year shutdown caused by Lebanon’s civil war.

t3_tkued5

investing

what's the best way to save for my niece's education‽

To keep it short, I would like to setup a savings account for my neice without her mother knowing. My niece is 3years old. I would like to be the account holder. We're in michigan. Of course 529 plans come to mind, but are there any other decent options? And how do I compare different 529 plans?

t3_tktcos

investing

Daily General Discussion and Advice Thread - March 23, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tkppsg

investing

Is there a market for green shipping boats?

Not an environmentalist, but it seems there are forces in the world that want the population to trend towards environmentally friendly means of transportation and shipping i.e. electric vehicles. After looking at some statistics for shipping vessels I was slightly shocked by the numbers: “Shipping is by far the biggest transport polluter in the world. There are 760 million cars in the world today emitting approx 78,599 tons of Sulphur Oxides (SOx) annually. The world's 90,000 vessels burn approx 370 million tons of fuel per year emitting 20 million tons of Sulphur Oxides. That equates to 260 times more Sulphur Oxides being emitted by ships than the worlds entire car fleet. One large ship alone can generate approx 5,200 tonnes of sulphur oxide pollution in a year, meaning that 15 of the largest ships now emit as much SOx as the worlds 760 million cars.” Anyway, I’ve only heard whispers about hybrid ships and obviously this would be a long term thing. Anyone have any idea on whether or not this will be a viable market in our lifetime?

t3_tkabgu

investing

is it worth waiting for the splits? (specifically Amazon and Google, but in general)

With Amazon and Alphabet both announcing 20-1 splits later this year, I was wondering what you guys think about taking the guaranteed price now vs waiting for the fluctuations after the split. I'll admit I'm one of the people who got into investing when the covid crash happened, so I'm rather inexperienced with a more "traditional" market. The only major split I've seen was Tesla and immediately after the 5-1 split you were able to get 5 shares at a pretty decent discount over the original share for a short time. Is that fairly standard? Tl;dr: do splits normally cause large fluctuations, or is it a much better bet owning pre-split

t3_tkc8te

investing

How will the next phase of the chip wars affect companies like: AMD, ASML, NVDA, INTC, Samsung, TSMC?

There's a new phase ahead in the semiconductor sector that will have major implications for the market dynamics in the semiconductor sector: the transition to next generation techniques involved in >5nm nodes. Lets discuss the implications and our strategies! What companies do you think will benefit from the adoption of next-gen techniques in the decade to come, and why? I'll provide my theories in the comments. ​ Background info: Lithography: [https://semiengineering.com/multi-patterning-euv-vs-high-na-euv/](https://semiengineering.com/multi-patterning-euv-vs-high-na-euv/) High-NA challenges: [https://semiengineering.com/gearing-up-for-high-na-euv/](https://semiengineering.com/gearing-up-for-high-na-euv/) Packaging: [https://semianalysis.com/advanced-packaging-part-2-review-of-options-use-from-intel-tsmc-samsung-amd-ase-sony-micron-skhynix-ymtc-tesla-and-nvidia/](https://semianalysis.com/advanced-packaging-part-2-review-of-options-use-from-intel-tsmc-samsung-amd-ase-sony-micron-skhynix-ymtc-tesla-and-nvidia/)

t3_tkcp2r

investing

Koch Industries, Built on Oil, Bets Big on U.S. Batteries

https://www.wsj.com/articles/koch-industries-built-on-oil-bets-big-on-u-s-batteries-11647946147?mod=hp_lead_pos7 Koch Industries Inc., the energy-based conglomerate whose CEO long opposed environmental regulation and funded groups that questioned climate change, has emerged as one of the biggest financial backers of the battery industry. A Koch Industries unit has made at least 10 investments worth at least $750 million in the U.S. battery supply chain and electric vehicles in the past 18 months, regulatory filings, news releases and FactSet data show. Koch’s battery investments are among the biggest from outside the auto industry, analysts say. Founded more than 80 years ago as an oil refiner, Koch Industries is now the most diversified U.S. battery investor, said Vivas Kumar, a former Tesla Inc. senior manager and industry analyst who last year launched a battery-parts startup. “It’s stunning just how many different battery supply chain players they’ve taken a stake in,” he said. Koch Industries is now a top shareholder in startups such as Freyr Battery SA, FREY 4.41% Aspen Aerogels Inc. ASPN 7.29% and Standard Lithium Ltd. SLI 5.61% The money comes at a crucial time for many of these companies, which need to spend heavily to commercialize their products. Koch appears to be focused on building up the battery industry in the U.S. Koch Industries operates thousands of miles of pipelines that move oil and gas around the country and several large refineries. The company posts annual sales of about $120 billion through brands such as Brawny paper towels and Dixie cups, fertilizers and fabrics.

t3_tkjdhe

investing

Risks of options trading?

I have a relative who is not risk averse whatsoever, in any aspect of their life. I long have been investing in index funds because it seems less risky to me. This relative on the other hand says "that's for boomers" (we're millenials). I am wondering, can someone explain the risks of options? Believe it or not, a cursory Google search was inconclusive, and as we all know, reddit's search function is garbage. Thanks.

t3_tkhdaw

investing

any angel investors- what is the pros and cons?

I recently started considering multiple vehicles for investment. My buddy is a VC and said he's interested in getting started as an angel investor and told me to check out the book Angel by Jason Calacanis. The book is awesome and makes the risks and benefits clear, but the message is that the reward outweighs the risk in a good volume of deals. I would love to hear from any angel investors on here of your experience. I want good and bad stories alike. Pros and cons. Risks, warnings, anything you can tell me about angel investing is greatly appreciated. Another priority is any educational resources you'd recommend to learn more about the whole process. I have a biotech background and need much further understanding of the financial side of this game.

t3_tketwg

investing

Global risk spreads - hear me out

Ok, so this is more of a theoretical question, but something I’ve been pondering. Does the underperformance of the Russian military in Ukraine actually compress global risk spreads and send the market into a rally in 2023? Their performance is in sharp contrast to the fears/assessments by the global intel community. Is the world safer from a military point of view? Lower risk = more upside?

t3_tkd3p6

investing

One of Wall Street’s Most Vocal Bears Says Sell The Rally

So is this a Bear rally or the end of the Bear market we have seen over the past week with +20% in Tech stocks? ​ [https://www.bloomberg.com/news/articles/2022-03-21/morgan-stanley-s-wilson-says-this-is-a-bear-market-rally-to-sell](https://www.bloomberg.com/news/articles/2022-03-21/morgan-stanley-s-wilson-says-this-is-a-bear-market-rally-to-sell) Edit (20 days later): This dude was correct! 💯

t3_tkcwee

investing

What are the arguments for continued bullish behavior in the energy sector?

With WTI oil prices at essentially a ten year high, this seems like the logical point for an investor to step out of the energy sector. Additionally, volatility in the sector due to the invasion of Ukraine might make a more risk adverse investor want to go for the exit. Still, with energy sector ETF prices continuing to rise, what are the arguments behind continued demand?

t3_tk9hfj

investing

Any good investments outside of the US?

We have plenty of ETFs that grab a broad cross-section of the US market, but I want to diversify outside of the US. I don't quite like the feeling of having all my eggs in one country's basket. The trouble is I can't seem to find a single worthwhile market outside of America. I'm not talking 5% annual growth vs the US's 10+%, I'm talking everywhere else has been basically flat, long term. Some go up a couple percent, some go down a couple percent, but none of them even surpass average annual inflation (and inflation is extra high now, too!) Not China, not Europe, not Africa. Nowhere comes close. I even searched for the best countries to invest in. Same pattern. Am I missing something, here? Businesses in other countries must also make money, right? Why is everything so stagnant outside of the US? Is there a good way to invest in other countries and perform better than bonds?

t3_tk8br8

investing

Do inverse bond ETFs reveal a bond market inefficiency?

The 10 year US Treasury yielded 1.52% on Dec 31 2021 and yields 2.14% now, for a rise of 0.62%. This year the Fed is expected to raise interest rates 1.75%, which is very low compared to inflation currently over 7%. Let's say inflation cools - it will still be 3-5%, so the Fed needs to keep acting in 2022-2023. If the Fed simply kept on track, yields would need to push 1% higher. As that happens, inverse bond ETFs make significant gains. In my view, the chance of this happening is so high, the bond market should reflect it - but there's only 0.62% worth of higher yields in the 10 year treasuries. In this scenario, I would expect I'm missing something rather than the market not being efficient. What risks are there to inverse bond ETFs that I've missed?

t3_tk4oan

investing

Which platform do you use for trading? How does it impact you psychologically?

Hello friends. As I know, making too frequent trades would negatively impact any investment. I'm just wondering if any of you have the experience of things like "I make more money on the desktop because It's not easy to reach, therefore better planned for each trade?" or vice versa. "Because of the ease of using mobile app makes me make swifter decisions, therefore making more money." Which platform do you find most helpful to you? Have you found yourself make more successful trade/ investment on a particular platform? Would love to hear some thoughts. Both trader and investor insights are appreciated.

t3_tk5nbj

investing

Good way to hedge against the SP500?

Buying 20 year treasuries (TLT) and selling the same amount of high yield bonds (JNK) seems to be a good hedge for a drop in the SP500. The way I see it is: \- If JNK moves up more than TLT most likely it means SPY has been going up as well, hopefully SPY has a bigger gain than JNK/TLT ratio. \-If SPY starts tanking then JNK will lose more (or gain less) than TLT, hopefully offsetting the loses of the SPY. I wish I could add a chart on this post to show a comparison but anyone in tradingview can search for "TLT/JNK" and compare it to SPY.... every time SPY drops TLT/JNK ratio moves up. I know we are living through historical times with the money printing but what case scenarios could affect the TLT/JNK ratio to not move up when SPY drops? Any other ways to hedge SP500 drops? I am a fan of put spreads on SPY or even covered calls on VIX related etfs when SPY is in pain but the issue is the upside is limited and holding just Puts or even VIX related etfs seem to be a bit costly on the long run. With TLT/JNK ratio I feel that even if SPY doubles, the TLT/JNK ratio wouldn't go down as much lol

t3_tk5fi4

investing

Time to GTFO China? Morningstar and Bill Browder...

**EDIT: I'm aware that this is a much discussed topic. I believe Morningstar's commentary tackles the broader question of not just getting out of China but also dissects the investment sensibility of being involved at all in autocratically-controlled markets. Thanks to** u/J0eBidensSunglasses **for pointing me to this article.** From [Morningstar.com](https://www.morningstar.com/articles/1083334/autocracy-is-a-bad-investment): >Sure, investors might make money for a while, but in the end, all that matters are the rules set by the person running the country. And often that means they are setting the rules to maintain power, enrich themselves and their cronies, or both. > >It was one thing to miss the risks of investing in Russia. It's a country where most diversified investors have only a [small percentage](https://www.morningstar.com/articles/1082249) of their portfolio. It's a different story for a country like China. Many mutual funds and stocks have hefty direct or indirect exposure to the country, and observers who had warned about Russia are encouraging investors to ask similar questions about China. Further, famed fund manager Bill Browder opines: >Rule of law should be a primary consideration for investors, says Bill Browder, the famed hedge fund manager who made his fortune in Russia, only to be deported after run-ins with oligarchs and whose Russian lawyer was arrested in Moscow, mistreated by authorities, and died in a prison. > >"You can do all the analysis you want on an industry, on the economics, on the management team, and then all of a sudden somebody comes along and rips you off, and you don't have any recourse in the courts, you don't have recourse in the media … and generally if they're not rule-of-law countries, you have no recourse with the regulators," he says. "It's flying by the seat of your pants, hoping you're in the good graces of whoever is in charge." Having come from that side of the world, I've always been wary of markets like China and Russia for exactly the reasons that Morningstar lays out. When asked, my answer is always the same: Do you understand the accounting rules of that country? Do you understand the business dynamics and customs of that country—i.e. if lying and bribery are commonplace, what does that mean for your fundamental analysis? Still, as Browder points out, you can be an expert on these things and still get whacked by one man who makes decisions not on the basis of what is economically sound, but whatever strokes his own ego.

t3_tk4y60

investing

Alibaba Stock the Steal of a Lifetime?

We all know Alibaba. The controversial Chinese company that has been beaten down all the way from $320 (Oct 16, 2020) to all the way up to $73.28 (March 15, 2022). From Ant Financial to Jack Ma's disappearance to delisting issues to Chinese tech crackdowns and so on. Many of which did actually permanently change the health of the company itself. However, it seems much of the more recent price drops have been due to fears that came out to be untrue. ​ The biggest price drops in the recent year has been due to: 1. Delisting fears 2. Unending Chinese tech regulations 3. Trust of the entire VIE structure It seems all of those are coming to be just that: fears. **0. Fundamentals At A Glance** I have no idea why this stock traded at $73 at one point (\~200 billion market cap) when the cash position alone is worth over a third of the market cap and its earnings are 22+ billion in a normal year. The company is still growing (albeit much less in % than it used to \[makes sense given how big the company is\]) and a money printing machine. Sure its margins are lowering due to investments in lower cost communities in China but that just means more profits long term. This company is a true cash machine. **1. Delisting fears** First of all, delisting does not mean the stock will go to zero. This might come off as a surprise to some people but with a reputable brokerage, you can exchange your 1 BABA shares to 8 XHKG:9988 shares. And you can vote with those 9988 shares. Unless you suddenly came into the belief that China will nationalize all its stock exchange AND un-employ millions of Chinese grads who majored in finance/econ/etc., this idea is just baffling. Especially when China has been opening more stock exchanges recently: [Beijing Stock Exchange](https://en.wikipedia.org/wiki/Beijing_Stock_Exchange) has opened just end of last year. China has actually been taking steps the past year to support the concept of the stock market. And it seems Evergrande has been a life saving event for stock holders. The Evergrande fiasco has been one of the biggest bull cases for the Chinese govt to support the stock market as the place of investments for the younger generation over real estate. [Chinese stocks in surge after promise of state support](https://www.bloomberg.com/news/articles/2022-03-16/chinese-stocks-in-the-u-s-surge-after-promise-of-state-support) As of actual delisting fears, all the commentaries from the Chinese side has been very bullish despite Bloomberg constantly claiming otherwise. This year, the Chinese Govt has FINALLY made it public. Chinese tech stocks like Alibaba will BE allowed audits from the US. This is huge. Not only does this imply the accounting is credible for some of these big names, but it also means the entire delisting fear is just one big political play. [China plans audit concession](https://www.ft.com/content/0463c70d-4d24-4b9b-b7e5-ace22409d8e2) So the entire 'delisting' issue should be off now. The very issue that has crashed majority of the value in Alibaba share price. ​ **2. Unending Chinese tech regulations** China has been different from the US in the tech market in that China opened its tech market with basically no laws. US on the other hand has laws in place ahead of time and then lets the companies compete. And if are an East Asian, you would be well aware how toxic the private education industry has been to the people and how exploitive some of these tech giants have been becoming. Alibaba for instance with AlliPay was basically playing around with exploiting the poor with loans to make profit. In the US, none of that would have happened. China however has been a developing nation and is finally starting to put rules in place for what tech should and shouldn't do. All this led to fears of whether the Chinese Party hates the entire Chinese Tech industry or not. The crackdown seemed to be unending. Did China just hate all of big tech? Well, the answer is now clear. The big tech regulation is ending. In October 2021, China hinted the crackdown for big tech was coming to an end: [news](https://www.bloomberg.com/news/articles/2021-10-22/china-s-top-financial-regulator-sees-progress-in-tech-crackdown) Very recently (last week), China officially declared tech crackdown was at closure: [news](https://www.cnbc.com/2022/03/16/china-says-it-will-support-chinese-ipos-abroad-calls-for-closure-on-tech-crackdown.html) In fact, that news evidences China is supporting Chinese IPOs abroad on top too. In other words, the entire big tech regulation fear is ending. ​ **3. Trust of the entire VIE structure** The ambiguity of the entire VIE structure and whether the Chinese govt would support it has been a huge "?" to the foreign investors for some time now. Are VIE structure investing legit? Well on end of December of 2021 (during Christmas time), China finally announced the verdict. VIE structures are a LEGITIMATE form of investing in Chinese firms. [VIE support](https://realmoney.thestreet.com/investing/global-equity/china-tightens-loophole-for-companies-listing-abroad-15871357) So that fear is entirely misplaced as now there's clarifications. All those decades of investors placing a discount on Chinese stocks BECAUSE of VIE structure should have been solved end of last year. ​ **Bull information to consider** The Chinese government has been proactively BUYING Chinese stocks since end of last year. Chinese firms have been proactively BUYING its own shares since end of last year. Last time China endorsed its own companies to do buybacks proactively was the bottom of the financial crisis. Alibaba has upped its share repurchase program to [$25 billion](https://www.msn.com/en-us/money/topstocks/alibaba-rises-as-much-as-11-after-the-chinese-e-commerce-giant-lifts-its-share-buyback-program-to-25-billion/ar-AAVlVV4?ocid=BingNewsSearch) claiming the price was not justifying the value of the company. Why is it all the foreign investors in US are running away from Chinese stocks while both the Chinese government and the Chinese firms are throwing tens of billions at the Chinese stocks? Maybe just maybe the entire fear has been misplaced and the Western Media has been grossly overexaggerating all this? And of course, it helps figureheads like Charlie Munger is also bullish on the stock and puts money where his mouth is. The financials of this company is phenomenal. It's a cash machine even without the growth story. With the past 2 years of downturn, Alibaba shares have been more and more owned by Chinese investors. Add on with the buybacks, Alibaba shares will soon be traded by Chinese natives through Stock Connect. As of now (and in the past), Alibaba shares weren't traded by Chinese natives. That rule can soon change (in fact, the new buyback program alone is more than enough) as at least 55% of the company would now be traded in Hong Kong going forward. How is that not bullish? Alibaba stocks will soon be traded by BOTH foreigners AND domestic holders!

t3_tk3mvm

investing

Daily General Discussion and Advice Thread - March 22, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tjyp07

investing

Filing Taxes on Stocks Question

I started investing last year, and so this is the first time I will have to do taxes for them. When doing my taxes, so I have to manually input each and every sale and its date,or can I not just use the overall amount that I gained/lost for the year? I have my 1099 form, but it seems way too tedious and time-consuming to do it like this. How does everyone else do it? I appreciate any help :)

t3_tjpyzc

investing

Why is the Federal Reserve raising interest rates going to lower inflation?

fed raising interest rates: forces businesses/corporations who are looking to continue financing growth through debt/loans spend more due to higher interest rates, aka less free cash flow (since it will cost more to service any new loans going forward) aka less money to hire people with, give bonuses/raises, reinvest into the company, etc. how does this slow inflation, which is mainly driven by supply constraints + commodity prices?

t3_tjpdnx

investing

Interest rates, real estate, and inflation hedging

There are a lot of articles (just google it) saying real estate is an investment hedge. I don't understand why real estate is an inflation hedge given the following: * During inflationary periods central banks raise interest rates to attempt to control inflation * Raising interest rates will very likely suppress house prices due to mortgages becoming more expensive So if 1)interest rates rise during inflation and 2)rising rates suppress house prices then how is real estate supposed to be an inflation hedge? ​ Edit: [Inflation Hedge: Is Real Estate a Good Investment Hedge Against Inflation? - Bloomberg](https://www.bloomberg.com/news/articles/2022-01-24/is-real-estate-a-good-investment-hedge-against-inflation-what-the-experts-say) [Real estate as an inflation hedge - Canadian Business](https://archive.canadianbusiness.com/blogs-and-comment/real-estate-as-an-inflation-hedge/) [Is Real Estate A Hedge Against Inflation? (forbes.com)](https://www.forbes.com/sites/forbesrealestatecouncil/2021/09/28/is-real-estate-a-hedge-against-inflation/?sh=55d8474519da)

t3_tjnoet

investing

Evergrande Trading Suspended In Hong Kong; Ronshine Auditor Resigns: Evergrande Update

"China Evergrande Group and its other units were suspended in Hong Kong Monday pending an announcement containing “inside information,” according to exchange filings that didn’t elaborate further. The embattled developer may hold a cain this week to brief investors on its debt restructuring plan, REDD reported. ElseHoldingRonshine China Holdings Ltd. won’t meet a March 31 deadline to publish audited full-year results after it became the latest property firm to announce the resignation of its auditor. Ronshine’s stock and bonds plunged. Chinese high-yield dollar bonds traded flat to 2 cents higher with better quality names leading gains, according to credit traders. Property firms snapped a three-day stock rally, as the Bloomberg Intelligence gauge of developers fell 2.6%.  https://www.bloomberg.com/news/articles/2022-03-21/trading-suspended-ronshine-auditor-resigns-evergrande-update

t3_tjnk2s

investing

Long term vs short term, stocks and options

Just thought of something, please correct me if I’m wrong as I am a rookie. It seems like based on demographic and general vibe, options are what shorter term investors trade and stocks (meaning individual company stocks, mutual funds and ETF’s) are what longer term investors buy and hold. But I thought about it, and shouldn’t it be the opposite? Short term options, due to their expiry dates, time decay, and volatility movements around earnings and <30 DTE are very unpredictable and can lose all their value very quickly. especially if they are OTM plays. If an investor is looking for a short term gain, wouldn’t simply buying and selling a stock be more suitable? Stocks will always be at fair market price based on supply and demand even after dramatic moves and theres no way your position value will go down despite you being correct about the direction of the stock (no IV crush). Also, if you are WRONG about the direction and it DOESN’T move the way you want to, you still (theoretically) and infinite amount of time to recover it with a stock purchase, but not with an options contract. The latter is likely to go to zero if its close to expiry Mn the other hand, options (LEAPS) seem to be more suited for the “long term” (even though you can only go a maximum of 2 years+ out). having high leverage (delta > 60) on a trusted stock like AAPL or SPY or BRK that is very very unlikely to have two bad years in a row seems like the best case scenario. Is this a correct way of thinking? Or have I over-thought myself into thinking totally backwards? LOL

t3_tjn945

investing

Raising interest rates to actually fight inflation

This more a hypothetical question for those smarter than myself. Let’s start with my understanding of how raising interest rates impact inflation: Right now, my money is sitting in my savings account doing nothing. Goods and services are getting more and more expensive everyday. Rather than letting inflation eat away at my money, I decide to spend as much as I reasonably can. For example, cars are getting more and more pricey. Might as well buy one now before they’re even more expensive next year. Now let’s say everyone in my area picks up that mindset. Everyone wants to buy a cat. Now the demand is much stronger than the supply, and prices of cars increase not only because of inflation, but because of demand. This is a sort of inflation spiral. Now let’s translate this to the business owner. My restaurant buys wine every week to sell to patrons with their meals. Every week wine goes up 3%. Any extra cash I have is not going into the bank, it’s going towards stocking up as much wine as I possibly can. All other restaurants do this and supply cannot match demand and we have runaway inflation. How can the Fed fight this? Make it so that your money sitting in savings isn’t getting destroyed by inflation. How would they do that? Raise interest rates. Here’s my question… how is raising interest rates 0.25% going to do ANYTHING AT ALL?!! Wouldn’t interest rates have to rise to the rate of inflation (or close enough)?? So anywhere from 7-15 percent depending on who you ask? I know things aren’t this simple but I’m just curious how anyone thinks small rate hikes will do anything. The house of cards is pretty easy to predict if/when rates explode. Most people believe we’re in a bubble now. If you had the choice between 7% savings rates and rolling the dice on the SP500 index which would you choose? I feel like we are going to have to drink our inflation medicine (big rate hikes) to avoid major economic collapse, which will be the catalyst for a large market adjustment in stocks/real estate. Am I missing something?

t3_tjkhs7

investing

Should I hold strong currency with weaker interest rate or a weaker currency with high interest rate?

I earn in USD but my home country has a different currency INR. Pros of holding USD: 1. Converting to INR cost me 0.5% of the amount which I save by not converting. 2. USD/INR rate seems to be going up for decades. 3. More stable currency. Pros of holding INR: 1. Higher interest rate by bank/govt but there is also taxation on interest. Let's assume the interest rate is consistent. Also, assume 0.5% is a fixed charge and will remain the same forever. Let's ignore geographical risk. Now, I want to calculate which is more attractive currency. Our variables are: 1. 0.5% fees (straight-forward) 2. Income taxation on interests on deposit (straight-forward too) 3. USD/INR exchange rate improvement over the years (how do I find the statistical mathematical value?) Assuming I don't need the money anytime soon or want to invest in stocks, how do I put all these 3 variables in an equation to find more attractive currency? **Ultimately, I want to arrive at some conclusion like "There is 90% statistical chance that I will earn x% higher interest if I invest in y currency".**

t3_tjjswi

investing

White House to meet with oil, bank, other companies about Russia invasion

[Biden administration officials will meet](https://thehill.com/homenews/administration/599053-white-house-to-meet-with-oil-bank-other-companies-about-russia) *with executives from various industries including oil companies, clean energy firms and major banks about the ongoing conflict between Russia and Ukraine.*  *It will be led by NEC Director Brian Deese, national security adviser Jake Sullivan, Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo.*  *Simons said that the meeting will feature companies in the financial services space, including Visa, JPMorgan and Bank of America.*  *It will also include oil companies like ExxonMobil and ConocoPhillips, refiners like Marathon Petroleum, and those in the clean energy sector like Pattern and Invenergy*. ​ **This either means he will ask oil companies to lower rates, and/or commit to remove red tape, and/or (dare I say) funding for the them... perhaps there could be a bullish play for oil.**

t3_tjiynm

investing

Practically, what is the point of having lots of money in the stock market?

I have a good chunk of my net worth in stocks, and I’m trying to understand how I should feel about it lol, because it’s not like the balance is accessible right now. Should we view stocks as simply appreciation vehicles where the point is that it’s just a better form for your money to be in than cash, and there’s no purpose other than sell it when you’re old so you have more money? Or should we actually view them as ownership, and the point of having money invested is to increase our position in companies we like and have more of a vote? Or should we try to accumulate as many shares as we can so they can be collateralized and we live off the margin loan? Or also live off dividends? Or some other thing? Would love to hear peoples thoughts!

t3_tjeaun

investing

If you exceed your day trade limit but the gains from your last DT put your account over $25K, do you still get marked as a PDT?

I have 3 day trades and account value was $23.75K this morning when I made a purchase. My account value has now exceeded $25K as a result of gains from that purchase that I’m still holding. If I sell now (which would be my 4th day trade within a 5-day period), will I be restricted?

t3_tjgbc2

investing

Powell: "If we conclude that it is appropriate to move... by more than 25 basis points at a meeting or meetings, we will do so. And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well."

https://www.cnbc.com/2022/03/21/powell-says-inflation-is-much-too-high-and-the-fed-will-take-necessary-steps-to-address.html >Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery. >“The labor market is very strong, and inflation is much too high,” the central bank leader said in prepared remarks for the National Association for Business Economics. >The speech comes less than a week after the Fed raised interest rates for the first time in more than three years in an attempt to battle inflation that is running at its highest level in 40 years. >Reiterating a position the Federal Open Market Committee made in its post-meeting statement, Powell said interest rate hikes would continue until inflation is under control. He said the increases could be even higher if necessary than the quarter-percentage-point move approved last Wednesday. >“We will take the necessary steps to ensure a return to price stability,” he said. “In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so. And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well.” ... >As he has before, Powell ascribed much of the pressures coming from pandemic-specific factors, in particular escalated demand for goods over services that supply could not meet. He conceded that Fed officials and many economists “widely underestimated” how long those pressured would last. >While those aggravating factors have persisted, the Fed and Congress provided more than $10 trillion in fiscal and monetary stimulus. Powell said he continues to believe that inflation will drift back to the Fed’s target, but it’s time for the historically easy policies to end. >“It continues to seem likely that hoped-for supply-side healing will come over time as the world ultimately settles into some new normal, but the timing and scope of that relief are highly uncertain,” said Powell, whose official title now is chairman pro tempore as he waits Senate confirmation to a second term. “In the meantime, as we set policy, we will be looking to actual progress on these issues and not assuming significant near-term supply-side relief.” >Powell also addressed the Russian invasion of Ukraine, saying it is adding to supply chain and inflation pressures. Under normal circumstances, the Fed generally would look through those types of events and not alter policy. However, with the outcome unclear, he said policymakers have to be wary of the situation. >“In normal times, when employment and inflation are close to our objectives, monetary policy would look through a brief burst of inflation associated with commodity price shocks,” he said. “However, the risk is rising that an extended period of high inflation could push longer-term expectations uncomfortably higher, which underscores the need for the Committee to move expeditiously as I have described.” >Powell had indicated last week that the FOMC also is prepared to begin running off some of the nearly $9 trillion in assets on its balance sheet. He noted that the process cold begin as soon as May, but no firm decision has been made.

t3_tjg116

investing

Buying put options instead of holding bonds for long term investor

So, I've been following the old school way of holding bonds as a hedge against downwards trends in equities, which, as you can imagine, hasn't been so hot lately. I'm about 70% equities (SPLV), 30% long term bonds (TLT). So a fairly conservative portfolio. The equities part of my portfolio isn't so bad right now, but bonds are getting trashed. With that trashing in mind, I'm thinking I could buy long term puts (1 year) on the underlying equities I hold, instead. Every six months, I would be selling them, and buy new 1 year puts, which seem to be the timing that has the lowest carrying costs. It seems to me it would be cheaper to do that in a rising market than traditional bond holding, which reduce the amount invested in equities by the value held in bonds, and hence, the return. I could also invest in more aggressive ETFs than SPLV, since the downwards trend would be protected. Being the inverse of the long equities position, it means it would also do well during a major correction. The only issue would be during a flat market, but then, I see that as the cost of getting "insurance". Anything stupid I'm overlooking before I run some numbers on this to see if it has any merit?

t3_tjec0z

investing

Stock that was gifted to me question

I have some stock that was given to me many many years ago. It's sitting at Vanguard and I don't know the average cost. Basically just a dollar amount that I let grow or regress... ​ Well here's my question, if I were to cash it out to add into my down payment for a house how would I be taxed? USA taxes ​ Thank you and your feedback is appreciated. Have a good day.

t3_tjdnm1

investing

Question concerning huge pop upward in price before market close

Just an actual moment before market closed on friday the 18th there were a few (or maybe many) stocks that saw a humongous pop in price just before the bell rang, and then a decrease back down to a level at or a little above the previous price in aftermarket hours. Nvidia was among one of the stocks that did this. Does anyone have some insight as to what was happening here?

t3_tja1xp

investing

Berkshire acquires Alleghany in $11.6 billion deal

Looks like Buffett is finally starting to put Berkshires massive cash pile to use. Today, Berkshire announced a $11.6 billion acquisition of property and casualty insurance company Alleghany. Alleghany closed trading on Friday with roughly a $9 billion market cap. This is one of Berkshires largest moves in recent years and could signal that the Oracle of Omaha finally deems the market to be undervalued enough to build positions. This comes after Berkshire had also recently announced that they have increased their stake in Occidental Petroleum. Shares of Alleghany are up roughly 15% pre market as of this writing.

t3_tj8693

investing

Daily General Discussion and Advice Thread - March 21, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tj7el8

investing

What do you think is a worthy subscription service (not trading signals, please)

Background: I’ve done options trading on the Greeks and a bit of fundamental analysis, did some technical analysis and generally don’t believe in using it to trade now, but more of an affirmation of good entry timing. I would like to continue doing a little bit of options trading on the side, and invest using options to buy longer-term calls, so that begs the question. What services do a good job of analysing and picking stocks to invest or options to trade, specifically for short term options trading, or mid-long term investing? I’m considering: - Seekingalpha - Motley fool - Benzinga (for options) - Stockearnings.com (for options)

t3_tj1iq9

investing

Does the long-term capital gains rate apply to options too?

For example, if I purchase a call option (with an expiration date of at least a year out obviously), and I sell that contract (not exercise it) after 1 year for a profit, would that gain be taxed at the long-term capital gains rate like stock sales would?

t3_tj1bku

investing

Brokers with Strong Visuals & Charts

I am struggling to leave Robinhood because I love the simplicity and the clean visuals of the app. Is there a brokerage that shows a chart where it distinguishes your contributions and shows returns (similar to a Vanguard 401k graph)? Second, is there a brokerage that shows all holdings a percentage of a pie (similar M1, but not M1)? Currently, using Schwab but I find it really confusing to track multiple stock investments over time. I am really surprised at the lack of charts available

t3_tiuotc

investing

Hello guys, looking for clarofication between 3 fund and 2 fund portfolio

Hello my friends. I'm new here and I hope my post is not in breach of the sub's rules, it is not personal advice, just a general query on the Bogleheads 3 fund portfolio. I notice that this portfolio advocates for the equities to be split between US stocks and Intl ex-US stocks and then bonds (with variable weighting to your taste) I also notice that Buffet is a big advocate of a 90/10 split for S&P500/1-3yr Gov bonds. With both this and Bogleheads 3-fund performing similarly over 40 years (depending on weighting) So my question is this: if you do prefer the benefit of global diversification over US concentration risk, why not simply go for an all world fund like VWRL (where US is approx 60% weighted anyway) Isn't putting your cash into fewer pots better for long term compounding... Why would you split into 2 funds where 1 can do the job of both? Is there a benefit to doing this? All I can think of in terms of benefit of 3 fund is that when the time comes for retirement and you are liquidating your investment and (theoretically) at that period the US and Intl ex-US have performed differently, you can liquidate one and perhaps let the other stay a little longer? There isn't a straight forward answer i've been able to find on this so far. Thanks for any help or insight.

t3_tiro8o

investing

past performance doesn't mean future performance, so buy VTI??

I see this all the time. People always want to make it seem like you'll never be able to pick out a good stock or company no matter what. If you say, "Hey, apple and Microsoft are great! they've been great companies, have tons of money flowing to them, and are one of the biggest things ever!" people will yell at you and go "NOOOO PAST PERFORMANCE DOESNT EQUAL FUTURE PERFORMANCE, NOOO" but then when you ask those same people what they invest in, they'll say "I invest in VTI, since they've gone up consistently year over year over year, have tons of money flowing to it, and is one of the biggest things ever! It even goes up on average 7-10% every year!!" Like. sure, I get the whole theory behind it but I'm pretty sure people wouldn't be so keen to invest in VTI if it wasn't going up an average of 7-10% every year. it seems like in order to really get a good investment on anything, you need to factor in past performance. You could have a billion dollar idea but if you haven't generated the cash flows and performance, what you have is just that, an idea that doesn't exist. It just seems odd that people dismiss investing in good solid companies as "recency bias" or "past performance chasing" even though they're doing that exact thing with VTI. Again, even if the theory was the exact same but VTI lost money year over year, I genuinely don't think people would be investing in it. *everybody Invests in broad market funds because past performance shows they do go up over time*

t3_tirnhk

investing

The best companies to buy in this market

The best companies to buy in this market are companies that have high intrinsic value, are making good profit, and are at good value (on a p.e basis). Companies that have these traits will offer good long term returns and are much less susceptible to market sentiment. Because at the end of the day if you buy companies that are making good profit, and at good value on a p.e. basis, you'll get shareholder returns through dividends, potential acquisitions, and especially share buybacks. These companies offer the best risk/reward adjusted returns. Here are some examples: 1. Intel. Chips are much needed right now, clearly high intrinsic value. They make 5b each quarter in profit, and are trading lower than 10 p.e. 2. Facebook. Advertising is needed for companies to advertise their products and services. Clearly high intrinsic value. They make huge profit and are trading at a 14 pe. 3. Moderna. Vacines and medical treatments are needed, clearly high intrinsic value. They made 5b in profit last quarter and are trading at 3 p.e. Market hugely overestimates revenue depreciation. 4. Crescent Point Energy. Oil, natural gas, and energy are needed. Clearly high intrinsic value. High oil prices reflect this. They make good profit and are trading at 4 p.e. 5. Google. Advertising is needed for companies to advertise their products and services. High intrinsic value. They make a lot of profit and are trading at like an 18 p.e. Here are examples of companies that are BAD buys in this market. Fubo, Square, Roblox, Skillz, PTON. Why take the risk and invest in speculative companies like this. Intel, facebook and the others are significantly less risky, and offer just as much upside. They are much better risk/reward options. Those are my thoughts.

t3_tioodh

investing

Daily General Discussion and Advice Thread - March 20, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_tigyox

investing

Returns aren't what they should be...

Hello! I've been investing through Robinhood for the past year. I have held Apple stock (though small amounts in fractional shares) though the whole year. In the past year, Apple's stock increased by 37%, but on my returns for Apple, it says a I have gotten a total Apple return on 3%. How is this possible when I haven't sold any shares or fractional share, just bought more? I appreciate any help I can get.

t3_tid048

investing

Why is Stellantis (STLA) so cheap?

I’ve been looking for cheap stock and found Stellantis recently that I think fits the mold. Pros are: - They have several brands under management including american brands Dodge, Chrysler, Jeep and Ram. - Discounted compared to peers with a P/E of ~3.25, market cap of 45.7 billion with 1/3 of that being their net cash position, and cash flows of 18 billion annually. - Transitioning to EVs and realizing great synergies from a recent merger. Cons are: - Paying a heavy dividend of over 7%. I’d rather see them reinvest or buy back shares. - Based in Europe. Adds complexity to taxes. The company handles revenue in Euros and is more exposed to the russian-ukraine situation than non-european manufacturers. - If oil stays high for years (something I’m hoping for with other positions) their truck and SUV sales will suffer. Thoughts on STLA?

t3_tiauc1

investing

QFIN - 360 Digitech - What do you think?

Has been coming up on the Stockosaur.com screener as one of the 4 most undervalued stocks on the market right now. Even after it's 43% surge in recent days, it's sector relative P/E, P/B is very appealing. It pays dividend, EPS is above $8, has a positive Free cash flow per share and there are 8 analysts who on average expect it will grow 116% from current price in the next 12 months. Also their EPS has been growing for 2 years. What do you think, is it worth to open a large position in it? If not, why not? What could be the catch here?

t3_ti78pw

investing

Concerning results from Fidelity Survey

A few highlights * 21% Who Left Job During Great Resignation Cashed Out 401(k) After Leaving * 55% of next gen say they put their retirement planning on hold during the pandemic * Almost half (45%) of next gen don’t see a point in saving for retirement until things return to normal [https://www.businesswire.com/news/home/20220317005129/en/Fidelity%C2%AE-Study-Most-Americans-Hope-to-Put-Pandemic-Behind-Them-and-Reclaim-Strong-Financial-Grounding-but-Retirement-Concerns-Abound](https://www.businesswire.com/news/home/20220317005129/en/Fidelity%C2%AE-Study-Most-Americans-Hope-to-Put-Pandemic-Behind-Them-and-Reclaim-Strong-Financial-Grounding-but-Retirement-Concerns-Abound) Personally, I find it deeply concerning that 1/5th of people who quit cashed out their 401ks. It's their money, but jeez.

t3_ti3aq3

investing

The simplest investing strategy I use

We've all heard the phrase that time in the markets, beats timing the markets. But what if I told you that's it's possible to actually do both. Be in the markets 100% of the time while also being able to attempt to time big sell offs and rallies. This strategy relies on keeping money in the simplest low cost index funds, vanguard is a very great option but not the only one. I'll explain the concept first then how I apply it to my portfolio. The concept, is to use simple ratios to decide what major index is performing best. On trading view you can make a ratio by charting either an etf or the index, whatever you chose to use just he consistent. So you do up charts that look like Sp500/Nasdaq100 or sp500/dow30. I then add a 365 day sma to the chart. This line simply tells us, given the past 1 year of price action what index is outperforming the other? If our candles are above the sma, it shows strength in the index kn the numerator. If it's below the sma it's showing strength in the index in the denominator. The sma acts as a switch so to speak. We can go further with this. When you've analyzed these ratios you'll see the sp500 is dominant right now. So let's go further. Sp500/sp500 value. And sp500/sp500 growth. And sp500value/sp500 growth. If you chart these ratios you'll see sp500 value is currently performing the very best, relative to all the other indices. So what do we do with this information? I personally use it for my 401k. 10% bonds, 10% global, and 80% us stocks. So I take my calculation I've made and allocate that to my 80% us sp500 value stocks. Until a month ago, I was sp500 growth stocks. As you can see with this strategy, I've never exited the market but I have picked certain times when I want to switch which index will give me better returns. Cheers 😘 And I can provide the exact tickers I use if interested. But I picked my CRSP indexes because they are what vanguard uses exactly to balance their index funds, it could be different for you

t3_ti2ur2

investing

Short term losses question

Let's say you have a short term loss of $10k. You can write off $3k against your income. Then next year lets say you have a loss of another 10k. You write off another $3k. You still have $14k in losses youve never had a benefit for. Now in year 3 you make $15k in short term capital gains. Would you be able to offset that with the past losses and only have $1k in short term gains this year?

t3_thz4ml

investing

MLPs and Charitable Giving

I’m trying to understand if there are any tax benefits to donating master limited partnership (MLP) units to charity. As MLPs distribute dividends in the form of return on capital, making these tax-deferred and lowering the cost basis, can’t you just wait until your cost basis is $0 and then donate the units to charity to avoid paying LTCG on the entire unit price? I’ve tried to find more info on this and it seems very sparse and somewhat unclear. The best I could find was a [Forbes article from 2010](https://www.forbes.com/sites/baldwin/2010/12/02/tax-guide-to-master-limited-partnerships/?sh=1a4b28b670d1) which stated: “Don’t donate depleted MLPs to charity. Since they are pregnant with ordinary income, your deduction would be limited to the stock market appreciation in the shares. (Buy at $50, let the basis run down to $0, donate when the share is worth $52: Your charitable deduction is $2). You’d be better off donating appreciated shares of Exxon; provided you’ve held them more than a year, you will get a deduction for their current market value and the appreciation is never taxed.” I admittingly don’t understand the logic used in that article.

t3_thygah

investing

Is the current market sustainable?

I’m looking for all opinions out there! I might just be a doom and gloomer, but I’m just waiting for a market crash to hit. I may be being biased in my caveman like research, not having a background in economics aside from a couple classes in university. Thank you to any that take the time to respond. Edit: For any clarification, I more or less left out my rationale in order to get the opinions of others, rather than simply having a debate over my own. I do appreciate the input of all who’ve commented, and I hope you have a good weekend! With regards to actually watching the market, this year I really have not been. Work has been nuts, and the stocks I do own have been quite stable and gaining whenever I check.

t3_thxym2

investing

Receiving dividends in other currencies

Is anybody familiar with a broker that allows you to select what currency to receive dividends in? My current broker (Fidelity) translates all received dividends into dollars in my account. Are there any brokers that allow you to select a different currency?

t3_thw88g

investing

Famous TSLA Short Jim Chanos is Now Short Coinbase ($COIN)

Jim Chanos recently revealed that his fund is now short Coinbase. Coinbase provides exchange and platform services for digital assets, and they're growing rapidly into new verticals. They provide services for both retail and institutional investors, and are now even releasing a platform for digital art that will act as a competitor to Opensea. They also own a venture arm named Coinbase Ventures that is invested in many up and coming startups in the field, as well as individual tokens and projects in many cases. Chanos is famously known for his great calls on Enron and Wirecard, but most recently also lost almost half of his fund's capital shorting Tesla. He has been a renowned TSLA bear for quite some time - a decision that has not worked out for him.

t3_thtzk7

investing

Daily General Discussion and Advice Thread - March 19, 2022

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following: * How old are you? What country do you live in? * Are you employed/making income? How much? * What are your objectives with this money? (Buy a house? Retirement savings?) * What is your time horizon? Do you need this money next month? Next 20yrs? * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) * Any big debts (include interest rate) or expenses? * And any other relevant financial information will be useful to give you a proper answer. Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our [side bar](https://www.reddit.com/r/investing/about/sidebar) also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

t3_thr9km

investing

Canadian Oil Sands: Buried Treasures

https://www.wsj.com/articles/canadian-oil-sands-buried-treasures-11647601381?mod=hp_minor_pos19 Dirty, expensive to extract and trapped by a lack of pipelines, Canadian oil sands can be a tough investment proposition. Yet a year of elevated oil prices has turned companies mining them into cash machines. Soaring energy prices are set to reward almost everyone producing hydrocarbons: Major oil companies and U.S. shale producers reported record free cash flows in 2021 and should do even better this year. Analysts polled by FactSet predict that a subindex of U.S. oil and gas exploration companies in the S&P 500 will beat last year’s bounty by an impressive 35%. Impressive, that is, until compared with Canadian oil sands producers: Suncor Energy, SU -0.16% Canadian Natural Resources, CNQ -0.93% Imperial Oil and Cenovus are set to increase their free cash flow by 60.5% this year, on average. Longer term, the bull case for carbon-heavy Canadian oil is shakier and will depend in part on a shift to a more nuanced view of environmental, social and governance concerns. Oil sands’ carbon footprint is high, but Russia’s invasion of Ukraine has brought social concerns to the forefront—Western oil majors almost immediately pulled out of Russia—as well as the perils of relying on autocratic regimes for vital commodities. Energy investors today are laser-focused on two things these days: Immediate cash returns and ESG alignment. At the moment, Canadian oil companies are ticking the first box. A paradigm shift in ESG could really supercharge their shares.

t3_tho8nf

investing

Need some help with an unknown stock and investment.

Years ago I invested in a stock. But I don't remember what stock I invested in. I don't remember what website or software I used Is there any possible way to find out that information and what info I need to cash it out. It would have been late 90s or early 2000s Thank you in advance for any information. If you got any questions just ask.

t3_thnzj7