All things STOCKS

[Thunder Good-Oil]

Harvey plays?

Houston is a huge part of the US economy.

(Haven't researched their flood zone foot prints)

Analog Devices (new vehicles)

American Axle (GM truck drivetrain components)

Goodyear

Haliburton / Schlumberger / Fluor / Flowserve / Jacobs / KBR

Cemex / Vulcan / Martin Marietta Materials

Caterpillar

United Rentals

Home builders (D.R. Horton is HQ'd in Texas) / lumber producers / building materials (Fastenal / Fortune Brands / Johnson Controls / Masco / Sherwin-Williams)

Waste Connections / Waste Management / Clean Harbors / Stericycle / Republic

Home Depot / Lowe's

 

[volsarelife1]

Opiant Pharmaceutical (OPNT) Buy now. Since they enlisted to NASDAQ it's going. Bought in at $31.94 and up to $39 in two days.

 

[smashmouth98]

I'm just getting into stocks. However I'm also curious about crypto. It seems much more volitle. Is it as secure/regulated as stocks? Is it a long term option?

 

[DancingOutlaw]

I'm just getting into stocks. However I'm also curious about crypto. It seems much more volitle. Is it as secure/regulated as stocks? Is it a long term option?

If your car got broken into and a wad of cash was stolen from the glovebox, what amount would really piss you off? My suggestion would be invest no more than that. Maybe it does well, maybe a hacker steals it. It should not be a material part of your overall strategy.

 

[Thunder Good-Oil]

I'm just getting into stocks. However I'm also curious about crypto. It seems much more volitle. Is it as secure/regulated as stocks? Is it a long term option?

Extremely volatile.

Extremely risky.

Therefore it could easily double and it could easily drop by 90%.

If you don't want a wild ride you should start with a nice index fund (S&P 500 or DJIA) or other well diversified ETF or mutual fund with a low management fee. Vanguard and Schwab have very good funds. Even an investment this stable could gain or lose 10 or 20% in a very short time frame. Even more if markets get chaotic.

 

[Biopsyman]

Best best of breed stocks over time and you will become rich over the long haul

 

[Vol0725]

Very few people throughout history have been able to predict market direction consistently. I’ve been in this game for a while. It’s one of the hardest endeavors on the planet and a test of ones will with real $$$ on the line.

“Most” passive investors should put their risk capital into low fee index funds rather than trying to time the market with ‘stock’ picks.

 

[Danl]

Extremely volatile.

Extremely risky.

Therefore it could easily double and it could easily drop by 90%.

If you don't want a wild ride you should start with a nice index fund (S&P 500 or DJIA) or other well diversified ETF or mutual fund with a low management fee. Vanguard and Schwab have very good funds. Even an investment this stable could gain or lose 10 or 20% in a very short time frame. Even more if markets get chaotic.

Very few people throughout history have been able to predict market direction consistently. I’ve been in this game for a while. It’s one of the hardest endeavors on the planet and a test of ones will with real $$$ on the line.

“Most” passive investors should put their risk capital into low fee index funds rather than trying to time the market with ‘stock’ picks.

Some good advice here.

 

[Biopsyman]

Very few people throughout history have been able to predict market direction consistently. I’ve been in this game for a while. It’s one of the hardest endeavors on the planet and a test of ones will with real $$$ on the line.

“Most” passive investors should put their risk capital into low fee index funds rather than trying to time the market with ‘stock’ picks.

Ot work with a real trader that buys and sells individual stocks on a regular basis that works with your financial goals based on your risk tolerance

 

[Danl]

Anyone here invest in preferred stocks? Specifically, does anyone have experience/strategy for investing in PS post call date?

 

[Vol0725]

Ot work with a real trader that buys and sells individual stocks on a regular basis that works with your financial goals based on your risk tolerance

That’s great if you have an regulated RIA that actively moves you in and out of stock positions. There are a few good ones out there, but it’s by no means common long term with the changes in market dynamics and cycles throughout time.

A Little advice, if I may... I refer to most of the internet marketing of stocks, investing and trading in general is more of an buyer beware-there’s tons of “Wolves in Sheeps Clothing”...

As I said successful market speculation is one of the most challenging endeavors one can pursue. People can ‘claim’ whatever they want. My advice, don’t believe anything on the surface. There’s all kinds of slick promoters out there...but, as far as I am able to determine, none are willing to provide an attestation or audit letter from a national or regional auditing firm that has reconciled their IRS tax payments for trading profits, brokerage statements and bank deposits with their public claims.

What I’m saying is seek evidence, think like an astute institution would prior to investing one’s capital into any trading program or investing model.

Good luck and Go Vols!

 

[Biopsyman]

That’s great if you have an regulated RIA that actively moves you in and out of stock positions. There are a few good ones out there, but it’s by no means common long term with the changes in market dynamics and cycles throughout time.

A Little advice, if I may... I refer to most of the internet marketing of stocks, investing and trading in general is more of an buyer beware-there’s tons of “Wolves in Sheeps Clothing”...

As I said successful market speculation is one of the most challenging endeavors one can pursue. People can ‘claim’ whatever they want. My advice, don’t believe anything on the surface. There’s all kinds of slick promoters out there...but, as far as I am able to determine, none are willing to provide an attestation or audit letter from a national or regional auditing firm that has reconciled their IRS tax payments for trading profits, brokerage statements and bank deposits with their public claims.

What I’m saying is seek evidence, think like an astute institution would prior to investing one’s capital into any trading program or investing model.

Good luck and Go Vols!

I have been real happy with my team of wealth manager. Returns have been signifany over the market averages

 

[Boca Vol]

Very few people throughout history have been able to predict market direction consistently. I’ve been in this game for a while. It’s one of the hardest endeavors on the planet and a test of ones will with real $$$ on the line.

“Most” passive investors should put their risk capital into low fee index funds rather than trying to time the market with ‘stock’ picks.

Is there a trustworthy website or list of these funds so I can research? Thanks.

 

[YankeeVol]

I just keep my money under the mattress

 

[Thunder Good-Oil]

Is there a trustworthy website or list of these funds so I can research? Thanks.

Probably Morningstar dot com. They're always on the fund manager's website. It might even be on Yahoo Finance.

Broker's websites should have it as well. Schwab. Ameritrade. Fidelity.

 

[Vol0725]

Is there a trustworthy website or list of these funds so I can research? Thanks.

Tons of good sites that are reputable.

Think cheap...With index funds, there's little reason to pay more than you have to. These three ETFs have cost advantages over their peers...If you want full exposure to the U.S. stock market, you'll find that Schwab US Broad Market (NYSEMKT:SCHB), iShares Core S&P Total U.S. Stock Market (NYSEMKT:ITOT), and Vanguard Total Stock Market (NYSEMKT:VTI) are some of your cheapest choices in the fund market today.

Every situation is different, but for the most part for passive long term investors the key to nearly any portfolio's success is having appropriate exposure to the stock market...Settle for matching the markets' returns by buying traditional, low-cost index funds for the bulk or all of your portfolio; you'll beat ‘most’ other investors.

Here’s a good simple read for a diverse group of cheap index funds:

List of 12 Cheapest Index Funds to Buy

Remember high fees compounded over the years can eat into a significant part of your equity growth.Here’s a good piece on the significance of cost that Vanguard put together:

https://personal.vanguard.com/pdf/ISGIDX.pdf

Good luck!

 

[Boca Vol]

Probably Morningstar dot com. They're always on the fund manager's website. It might even be on Yahoo Finance.

Broker's websites should have it as well. Schwab. Ameritrade. Fidelity.

Tons of good sites that are reputable.

Think cheap...With index funds, there's little reason to pay more than you have to. These three ETFs have cost advantages over their peers...If you want full exposure to the U.S. stock market, you'll find that Schwab US Broad Market (NYSEMKT:SCHB), iShares Core S&P Total U.S. Stock Market (NYSEMKT:ITOT), and Vanguard Total Stock Market (NYSEMKT:VTI) are some of your cheapest choices in the fund market today.

Every situation is different, but for the most part for passive long term investors the key to nearly any portfolio's success is having appropriate exposure to the stock market...Settle for matching the markets' returns by buying traditional, low-cost index funds for the bulk or all of your portfolio; you'll beat ‘most’ other investors.

Here’s a good simple read for a diverse group of cheap index funds:

List of 12 Cheapest Index Funds to Buy

Remember high fees compounded over the years can eat into a significant part of your equity growth.Here’s a good piece on the significance of cost that Vanguard put together:

https://personal.vanguard.com/pdf/ISGIDX.pdf

Good luck!

Thanks guys. I appreciate the info. :hi:

 

[YankeeVol]

I use Fidelity personally.

 

[MR_VOL]

I know this is unusual, but I have a very simple strategy for finding a reputable investment adviser.

I started investing in the stock market in 1991 when I found my first investment adviser by accident at a real estate auction. As a first time investor, I trusted her judgement until my investment basically was worth about half of what I had initially invested. At this point, I thought she was just putting me in stocks that were paying her large commissions, so this is how I found my strategy for finding a reputable adviser.....I scheduled a meeting to go over my stocks when she said "I own everything you own" so I said "show me your account" and she did. I was shocked to see she did, in fact, have the same stocks I owned and was taking losses just like me. From this point forward, when she recommended a stock, I would simply say.....show me your account and she did.

When she retired, she tried to transfer me to one of her team members. After meeting with this person, I realized quick, he was not the adviser I needed especially when I said "show me your account." I met with several [at least 7 or 8] Certified Financial Planners and basically started the conversation with my one question.....will you show me your portfolio holdings? All immediately said no with a go to Hell look so I immediately walked out. Finally, I met a CFP that immediately turned his monitor around [when I asked what do you own] and said this is what I own......I have been with him for about 9 years now and have done very well.

I say all the above to make this very important point.....in my opinion, if your adviser is not willing to show you what he or she owns, is buying, or is selling then I would not invest my hard earned money with him or her.

 

[Thunder Good-Oil]

I know this is unusual, but I have a very simple strategy for finding a reputable investment adviser.

I started investing in the stock market in 1991 when I found my first investment adviser by accident at a real estate auction. As a first time investor, I trusted her judgement until my investment basically was worth about half of what I had initially invested. At this point, I thought she was just putting me in stocks that were paying her large commissions, so this is how I found my strategy for finding a reputable adviser.....I scheduled a meeting to go over my stocks when she said "I own everything you own" so I said "show me your account" and she did. I was shocked to see she did, in fact, have the same stocks I owned and was taking losses just like me. From this point forward, when she recommended a stock, I would simply say.....show me your account and she did.

When she retired, she tried to transfer me to one of her team members. After meeting with this person, I realized quick, he was not the adviser I needed especially when I said "show me your account." I met with several [at least 7 or 8] Certified Financial Planners and basically started the conversation with my one question.....will you show me your portfolio holdings? All immediately said no with a go to Hell look so I immediately walked out. Finally, I met a CFP that immediately turned his monitor around [when I asked what do you own] and said this is what I own......I have been with him for about 9 years now and have done very well.

I say all the above to make this very important point.....in my opinion, if your adviser is not willing to show you what he or she owns, is buying, or is selling then I would not invest my hard earned money with him or her.

Stock pickers and investment advisors are separate things.

Every situation is different. I'd never trust an investment advisor that set my portfolio up to be a mirror image of their own.

Investment advisors also recommend appropriate insurance to carry and consider retirement.

You can research the credentials of the real ones on the internet.

A lot of the professional advisors are better at selling than at advising.

 

[DancingOutlaw]

Stock pickers and investment advisors are separate things.

Every situation is different. I'd never trust an investment advisor that set my portfolio up to be a mirror image of their own.

Investment advisors also recommend appropriate insurance to carry and consider retirement.

You can research the credentials of the real ones on the internet.

A lot of the professional advisors are better at selling than at advising.

Well exactly. They’re trying to get enough capital under management that the fees get them a nice little annuity income rolling in. And they are going to follow the whales, make safe moves and basically do what you could do if you spent a few minutes a quarter reviewing your portfolio. I don’t fault them, if people want to pay for that service then by all means. I have better things to spend my money on.

 

[volsarelife1]

This past year I did fairly well with some biotech stocks. Especially with the opioid crisis going on, some good companies out there.

 

[Thunder Good-Oil]

Well exactly. They’re trying to get enough capital under management that the fees get them a nice little annuity income rolling in. And they are going to follow the whales, make safe moves and basically do what you could do if you spent a few minutes a quarter reviewing your portfolio. I don’t fault them, if people want to pay for that service then by all means. I have better things to spend my money on.

There are all types. A good fee based financial planner is a real good idea for people with wealth that don't know much about finance. They're also appropriate for not so wealthy folks that need help planning for retirement and/or their kids' educations. People that have 8 figures to invest should probably be serviced by the wealth advisory department at a regional bank or at one of the big banks or brokers.

There's a certain level where people will need to be with a firm rather than any individual advisor. At those levels they should get the broker(s) to sign a fiduciary agreement and have their attorneys review it.

The more you got, the better position you should be in to insist that they cut back on the salesmanship bull**** and actually find good opportunities. Private equity and hedge funds become a relevant component in the portfolio mix.

More important than anything else, anybody promising investment returns in any amount, especially 10% plus... well they're crooked. Run away from them. That's different from licensed brokers selling fixed annuity contracts at stated returns... but most of the fees on annuities are nearly criminal.

 

[MR_VOL]

Stock pickers and investment advisors are separate things.

Every situation is different. I'd never trust an investment advisor that set my portfolio up to be a mirror image of their own.

Investment advisors also recommend appropriate insurance to carry and consider retirement.

You can research the credentials of the real ones on the internet.

A lot of the professional advisors are better at selling than at advising.

That last statement is exactly why I want to see my
CFP's portfolio. If he is not willing to buy this "next great sure thing" stock then I'm not willing. I am a firm believer in.....put your money where your mouth is.

I have a very good relationship with my Planner in that when he purchases a stock for his personal portfolio, he contacts me and basically says I just purchased "abc company" do you want any.....he then will explain the cost, what the company does, why he bought it, etc. Again, if he has put his hard earned money in this "abc company" I have much less hesitation in buying it myself.

This is my investment model, and it has done very well for me.

 

[Thunder Good-Oil]

That last statement is exactly why I want to see my
CFP's portfolio. If he is not willing to buy this "next great sure thing" stock then I'm not willing. I am a firm believer in.....put your money where your mouth is.

I have a very good relationship with my Planner in that when he purchases a stock for his personal portfolio, he contacts me and basically says I just purchased "abc company" do you want any.....he then will explain the cost, what the company does, why he bought it, etc. Again, if he has put his hard earned money in this "abc company" I have much less hesitation in buying it myself.

This is my investment model, and it has done very well for me.

They really aren't going to earn anything by suggesting a certain stock. If there's a commission involved then it's pretty silly for a client to pay a lot... commissions on stock trades are now $4.95 or less. If they take a percentage of the total account then they'll make more the bigger the returns are (and therefore recommend stocks). Those that aren't fee based advisors can make a cut steering clients into specific funds, annuities, and insurance products. Individual stocks for clients aren't very profitable for advisors unless they charge a fee on the total value of a managed account.