All things STOCKS

#9,301
#9,301
Tri-CitiesVol said:
An easy way to start accumulating a nest egg is an app similar to acorns. It rounds up your purchases to the next dollar and invests the spare change. When you have a wife like mine, that adds up quickly. There’s also “found money.” Just ordering through a link on the app will get you ~3% back on purchases at a lot of places we frequent. I also have it set up to do a $10 weekly recurring investment into each of our acorns account.

In one year, that has resulted in $1500. They are projecting each of us to have 70k in our accounts by age 60.
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That’s how I’m starting, with Stash. And I’ve got those features for the round up too.
 
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#9,302
#9,302
nicksjuzunk said:
Thanks for the info everyone!

I’m going to look into the links provided and learn these new terms.

I’m at the bottom of the pole so I’m just purchasing fractional shares and diversifying at the moment. We don’t have much to invest, but most beginnings are small. We hope to be consistent
Click to expand...
Follow StockDweebs on Twitter. Don’t pay for the premium subscription unless you just want to throw him a bone for sharing so much info.
 
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#9,308
#9,308
So after doing a bit more research I wouldn't do Stash or Acorns. Expense ratios of .25%. They are keeping a large share of your profit 30 yrs from now for what? That's your money dog. Have the discipline to invest it independently and keep it.
 
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#9,309
#9,309
Thunder Good-Oil said:
Yes, I think that annual cap gains distributions from the mutual funds have skewed the published returns.
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@nicksjuzunk Just take this here, for instance, as a mistake you must never ever make. Don't do this sort of thing. Unless you're just going to gamble, you must always look at total return information on whatever you buy. It doesn't matter whether you reinvest dividends or not. You must look at total return always, no exceptions, no excuses, when you try to decide if you want to own something. There will times that you'll see a chart of fund "price" and that is truly useless information. Disregard fund price. With stock, you're always looking at price and you can't help that. But you can, for instance at portfoliovisualizer, get total return information. At your broker, you may see charts on a stock showing dollars that start with $10,000, that's pretty typical, and those will be total return charts. The "performance" listed at your broker in YTD, 1 year, 3 year, etc. will be total.

If you're just day trading, this does not apply. But if you're day trading, you're not investing. You're just trying to outsmart the other guy. You have almost a 50/50 chance. Back when there were trading fees, you had no chance.
 
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#9,310
#9,310
Today will be the second largest single stock options expiration in history with $818bn of single stock options set to expire(via 7)… expect a lot of market turmoil until late afternoon

EDIT: MOS is almost at my 29.50 buy zone for some LT calls. Keep an eye on it today.
 
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#9,311
#9,311
It's exciting. I have some interesting stuff expiring, as always. Some worthless. I was expecting a big WISH pop courtesy of wallstreetbets and I didn't get it.
 
#9,312
#9,312
Firebirdparts said:
It's exciting. I have some interesting stuff expiring, as always. Some worthless. I was expecting a big WISH pop courtesy of wallstreetbets and I didn't get it.
Click to expand...

Yeah, I though WISH was gonna explode too. I got into some AMZN lotto calls at 3460 Monday. 6x bagger. So at least I got that one win this week.
 
#9,314
#9,314
Firebirdparts said:
It's exciting. I have some interesting stuff expiring, as always. Some worthless. I was expecting a big WISH pop courtesy of wallstreetbets and I didn't get it.
Click to expand...

It's being pumped by every big pumper I follow on twitter, so I'm a little surprised it hasn't popped yet. I'm not willing to gamble on it right now. Mainly because I don't like the company. They sell garbage made in Asian sweat shops. But if it dropped below $10 I could see it being a worthwhile gamble.
 
#9,318
#9,318
Started a small position in AARK a couple days ago as well. I think I'll keep this one long term and keep adding over time.
 
#9,320
#9,320
Firebirdparts said:
@nicksjuzunk Just take this here, for instance, as a mistake you must never ever make. Don't do this sort of thing. Unless you're just going to gamble, you must always look at total return information on whatever you buy. It doesn't matter whether you reinvest dividends or not. You must look at total return always, no exceptions, no excuses, when you try to decide if you want to own something. There will times that you'll see a chart of fund "price" and that is truly useless information. Disregard fund price. With stock, you're always looking at price and you can't help that. But you can, for instance at portfoliovisualizer, get total return information. At your broker, you may see charts on a stock showing dollars that start with $10,000, that's pretty typical, and those will be total return charts. The "performance" listed at your broker in YTD, 1 year, 3 year, etc. will be total.

If you're just day trading, this does not apply. But if you're day trading, you're not investing. You're just trying to outsmart the other guy. You have almost a 50/50 chance. Back when there were trading fees, you had no chance.
Click to expand...

Actually I wasn’t looking at the published performance results for the securities. I was looking at what the broker has published on the page indicating the performance of my specific investments, so it is most likely simply comparing the current value to the basis. They should be accounting for any return of capital but are likely ignoring the dividends and cap gains paid over my history with these mutual funds. I won’t be discarding any of them today. There are about a dozen and I’ll dig deeper over the next few days. Those with the 1% plus management fees and 0.25% 12b-1 fees have big strikes against them. I was horrified to see that one or more of the unmanaged funds tracking an index were stealing around 1%. They're all in a Roth IRA that I’ve not been watching closely. The ETFs and individual stocks have generally done great. Kraft-Heinz (KHC) has been a dog. Johnson Controls (JCI) has been sleepy but it might have spun out a subsidiary.
 
#9,322
#9,322
Is there a way to search for ETFs in specific sectors/industries? I'm looking for Fintech ETFs in particular. When I google it, I basically just see the same 5-10 ETFs in every article.
 
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