Author Topic: New To Investing Thread  (Read 330785 times)

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Offline Justwin

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Re: New To Investing Thread
« Reply #4250 on: October 13, 2022, 07:57:02 PM »
Then expect extreme pain from Fed. They want CPE at 2%.

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What do you mean when you say CPE? Are you referring to the CPI or PCE?
Not confused. Typo.

https://www.cnbc.com/amp/2022/01/28/the-fed-uses-one-inflation-gauge-as-its-north-star-heres-why.html

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What is the CPE?

Online steve dave

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New To Investing Thread
« Reply #4251 on: October 13, 2022, 08:11:49 PM »
Guys, I have no rough ridin' clue what direction this market of stocks is gonna go short term. This statement goes into Infiniti fyi.


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Offline IPA4Me

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Re: New To Investing Thread
« Reply #4252 on: October 13, 2022, 08:26:23 PM »
Then expect extreme pain from Fed. They want CPE at 2%.

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What do you mean when you say CPE? Are you referring to the CPI or PCE?
Not confused. Typo.

https://www.cnbc.com/amp/2022/01/28/the-fed-uses-one-inflation-gauge-as-its-north-star-heres-why.html

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What is the CPE?
As I said, typo. It's PCE and CPI. We get wrapped up in all the different measurements of our economy. The Fed's focus is on PCE as it is more comprehensive.

https://www.callan.com/blog-archive/cpi-vs-pce/

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Offline IPA4Me

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Re: New To Investing Thread
« Reply #4253 on: October 13, 2022, 08:37:19 PM »
Guys, I have no rough ridin' clue what direction this market of stocks is gonna go short term. This statement goes into Infiniti fyi.


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Short term: it's anybody's educated guess.

Long term: we're going back to pre-covid levels. The SPY bounced off 349 this morning. Half way to where we were in 2020.

I made money on the downside this morning before the rally. $RBLX puts ran for a 100% increase in 45 minutes. I scaled out over the run and made 50% on my play.

Tomorrow, is retail sales report. I'm looking at $SPY to pingpong in the morning and I'll play both sides of it if I don't like any individual stock option trades.

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Online DQ12

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Re: New To Investing Thread
« Reply #4254 on: October 14, 2022, 07:38:26 AM »
Guys, I have no rough ridin' clue what direction this market of stocks is gonna go short term. This statement goes into Infiniti fyi.


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I just keep patting myself on the back for lowering my cost per share while ignoring literally everything else.

Good job, DQ.  I’m so proud of you.  You’re doing great hunny.


"You want to stand next to someone and not be able to hear them, walk your ass into Manhattan, Kansas." - [REDACTED]

Offline Spracne

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Re: New To Investing Thread
« Reply #4255 on: October 14, 2022, 10:32:12 AM »
Very proud of my guy DQ for lowering his cost basis, like a boss.

Offline IPA4Me

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Re: New To Investing Thread
« Reply #4256 on: October 14, 2022, 10:42:15 PM »
I haven't checked my ira's in like 4 months (check them at least weekly when my stonks are going up).

I have like 20% of my regular IRA in Bonds. Should I sell half and stock up on some sweet sweet equities? Maybe 25% of my bonds to equities for now?

My first investing experience was in like 2010 and stonks had gone down bad but they have only gone up since then.

Usually I rebalance around Thanksgiving every year but is it worth biting the bit and doing it sooner?
Neither are a good place to be with a short horizon. At your age, you definitely shouldn't be riding 20% in bonds though.


https://twitter.com/CramerTracker/status/1581009749101129729

Online steve dave

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Re: New To Investing Thread
« Reply #4257 on: October 21, 2022, 12:08:11 PM »

Offline IPA4Me

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Re: New To Investing Thread
« Reply #4258 on: October 21, 2022, 06:50:42 PM »

Online steve dave

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Re: New To Investing Thread
« Reply #4259 on: October 22, 2022, 02:54:09 PM »
One of my fav. niche genre's of twitter is the hustle culture chuds posting made up bullshit assuming nobody is going to do any math on it and then actual money people do math and dunk on them

https://twitter.com/EconomPic/status/1583909663963197440

Offline michigancat

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Re: New To Investing Thread
« Reply #4260 on: October 22, 2022, 02:58:05 PM »
One of my fav. niche genre's of twitter is the hustle culture chuds posting made up bullshit assuming nobody is going to do any math on it and then actual money people do math and dunk on them

https://twitter.com/EconomPic/status/1583909663963197440
Dang can't see the original

Online steve dave

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Offline michigancat

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Re: New To Investing Thread
« Reply #4263 on: October 24, 2022, 03:22:20 PM »

Offline catastrophe

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Re: New To Investing Thread
« Reply #4264 on: October 24, 2022, 04:38:42 PM »
It’s a good tip, but not as good as my #WealthHack of not paying any taxes for the last 10 years. If you act like you’re not committing tax fraud you can get away with it. Literally saving thousands every year.

Offline michigancat

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Re: New To Investing Thread
« Reply #4265 on: October 24, 2022, 06:40:37 PM »
LOL

https://twitter.com/austin_rief/status/1584207149051580416

He's very good



Quote
A year ago, I was lost.

At 24 years old, I kept wrestling with this question: what is the point of life?

It consumed my every waking moment, and I couldn’t shake the idea that I was wasting my youth with tedious tasks meant nothing.

So one day, I threw caution to the wind and set out on a journey to find the meaning of life for myself.

My travels took me from the mountains of the Patagonia, to the Greek ruins in Athens, to the winding alleyways of Prague and the castles of Scotland.

I saw the gas chambers in Auschwitz, and the Colosseum in Rome. I broke bread with Argentines in Buenos Aires and Swedes in Stockholm.

But still, I yearned for answers.

One dreary night in a Hungarian dive bar, I shared my woes with a local sitting next to me.

He looked me in the eye and said, “Brother, you must head North. North of the Arctic Circle, where the Vikings reigned. There, and only there, will you find your answer.”

My mysterious friend could only be referring to one city: Tromsø, Norway.

In late November, when the sun no longer rose, I made my way North. I set off into the wilderness, where I saw the Aurora Borealis. I took it as a sign that I was on the right path.

I headed into town, where I encountered a massive, blonde-haired man with a long, untrimmed beard.

“This must be the man I was looking for,” I thought.

I walked up to him and said, “Excuse me friend, but I have been looking for you for months. I have traveled 5,000 miles to ask you one question: What is the meaning of life?”

His eyes narrowed as he took a deep breath, grabbed my shoulder, and whispered four profound words…

“To create shareholder value.”

A wave of joy overcamd my soul. Finally, my search for knowledge had reached its end. I could return home at peace, knowing I had found my life’s purpose.

That’s how I ended up in business school, where I plan to land an associate role at a PE firm to drive immense value creation for the next 40 years.

My life’s purpose.

Online steve dave

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Re: New To Investing Thread
« Reply #4266 on: October 24, 2022, 06:47:17 PM »
His bio says he’s with Execsum and Litquidity which are fintwit meme accounts. They do some funny stuff, kind of repetitive.


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Offline Spracne

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Re: New To Investing Thread
« Reply #4267 on: October 24, 2022, 08:31:49 PM »
I like the cut of his jib.

Offline IPA4Me

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Re: New To Investing Thread
« Reply #4268 on: October 26, 2022, 05:10:02 PM »
Facebook at five year low after earnings missed. Who's going bargain shopping tomorrow?

If Apple misses, it going to be a bloody Friday.

Offline star seed 7

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Re: New To Investing Thread
« Reply #4269 on: October 26, 2022, 05:52:05 PM »
Did anyone watch the GME thing on netflix? I forgot all about robinhood shutting off trading. Still insane to me that wasn't considered market manipulation.
Hyperbolic partisan duplicitous hypocrite

Offline catastrophe

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Re: New To Investing Thread
« Reply #4270 on: October 26, 2022, 06:06:53 PM »
Did anyone watch the GME thing on netflix? I forgot all about robinhood shutting off trading. Still insane to me that wasn't considered market manipulation.
Did the SEC say it wasn’t? Cause otherwise I’m guessing they’re leisurely investigating and will be for some time.

Online wetwillie

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Re: New To Investing Thread
« Reply #4271 on: October 26, 2022, 06:27:33 PM »
Did anyone watch the GME thing on netflix? I forgot all about robinhood shutting off trading. Still insane to me that wasn't considered market manipulation.

I watched it, was pretty decent. Hard to tell what the truth is but my takeaway is that they didn’t have enough liquidity to keep the app open with the trade volume on the app, which feels like it should have got them shut down or fined heavily.
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Offline star seed 7

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Re: New To Investing Thread
« Reply #4272 on: October 26, 2022, 06:41:21 PM »
Did anyone watch the GME thing on netflix? I forgot all about robinhood shutting off trading. Still insane to me that wasn't considered market manipulation.

I watched it, was pretty decent. Hard to tell what the truth is but my takeaway is that they didn’t have enough liquidity to keep the app open with the trade volume on the app, which feels like it should have got them shut down or fined heavily.

Yes, you should not be allowed to continue being in business after that, even if all the nefarious stuff wasn't true.
Hyperbolic partisan duplicitous hypocrite

Online steve dave

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Re: New To Investing Thread
« Reply #4273 on: October 26, 2022, 07:08:58 PM »
Buyer beware


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Offline IPA4Me

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Re: New To Investing Thread
« Reply #4274 on: October 26, 2022, 07:20:50 PM »
Pretty shady crap. I use TD Ameritrade and Interactive Brokers. No issues.