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Bookmark investopedia.com
Read lots, using it like a dictionary for every term you hear/see and don't understand. Your portfolio will thank me.
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Investing General Discussion
- Thread starter Furious
- Start date
Read lots, using it like a dictionary for every term you hear/see and don't understand. Your portfolio will thank me.
ZyyzYzzy
RIP USA
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Meh, my portfolio wifh thank my father when he passes and I get his BRK.As lol, but will do
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This got me thinking about sources of info for new investors and what I use or have used.
Investopedia.com
Marketwatch.com
Seeking Alpha (always make note in articles if someone is long/short the stock they are writing about.
Books by Charles Ellis and John Bogle
A basic intro college textbook of Finance 1 (I say this because in my opinion you can't fairly judge a company if you can't read their basic financial statements (income statement, balance sheet snd statement of cash flows). Ideally this is combined with a rudimentary knowledge of accounting.
Twitter - there is a world of people in the #FinTwit hastag you can learn from.
YouTube. I learned my basics of options trading watching YouTube vids. Most of my technical analysis tools too.
That above might be a good starting point.
I think
Blazin
has previously posted assorted knowledge sources in this thread.- 4
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ShakyJake
<Donor>
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I cashed out a couple weeks ago when my Vanguard account reached break-even. Was thinking of re-entering when and if the market goes below my exit point (I was mostly invested in the Vanguard VTI total-stock index fund).
However, I had purchased a vehicle back in December and financed it for 60 months at 2.9% APR. I am wondering if I should take a large chunk of my cash-out and just pay off the vehicle? I don't typically keep a vehicle for the length of the entire loan. Realistically, I will probably trade it off in a couple years (spare me the criticisms of this, by the way. I realize it's not smart but oh well).
Anyway, the way I look at it is that this is only logical if I can gain no more than a 2.9% return on this money. Considering the volatility of the market for probably at least the next year, I'm thinking it's a toss up and that I'm better off using the cash to pay off the car.
However, I had purchased a vehicle back in December and financed it for 60 months at 2.9% APR. I am wondering if I should take a large chunk of my cash-out and just pay off the vehicle? I don't typically keep a vehicle for the length of the entire loan. Realistically, I will probably trade it off in a couple years (spare me the criticisms of this, by the way. I realize it's not smart but oh well).
Anyway, the way I look at it is that this is only logical if I can gain no more than a 2.9% return on this money. Considering the volatility of the market for probably at least the next year, I'm thinking it's a toss up and that I'm better off using the cash to pay off the car.
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2.9% should be easily eclipse be the market. I cant imagine a scenario where you make less than that by year end.
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The big difference is volume. The Robinhooders can move prices while the big money sits and let's it run up. Unfortunately when the big money decides to take profit or move the market, the new kids don't have the market breadth to stop it. I think that is what we saw last week. I have been in the way of institutional money wanting to make a market move in the opposite direction multiple times. I will let you skip to the end of the story because it always ended the same.
I always envision it like being sued by the DOJ. It doesn't matter if you are 100% right. Their pockets are infinitely deeper. Same with institutional money. They aren't always right. But they can afford to be wrong longer than you can afford to fight their flows.
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Not much longer until they start buying the SPY. Laws be damned. We have an election to win.
WinterMutation
Bronze Squire
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So the fed essentially said fuck price discovery, fuck capitalism and has created a socialized market with tax payer money. Shit, if we don't startt getting dividend checks in the mail we are all the ultimate cucks.
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Ravishing
Uninspiring Title
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brekk
Dancing Dino Superstar
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While I don't disagree with the sentiment posted above, I learned my lesson a long time ago about cutting off my nose to spite my face. While I dont like what the Fed is doing, you can be damned sure I am making as much off the Fed put as I possibly can while it lasts. This kind of shit don't come along every day. Let the others loot sneakers; my ass is buying stonks.
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New IPO out tomorrow. Different sort of company. RPRX. Royalty Pharma.
They invest in late stage clinical trials in exchange for a share of the drug royalties if the drug hits. They have a 45 different drugs they are gaining royalties from including big drug names from JNJ, ABBV, VRTX and BIIB.
They have been around since 1996 and make a profit and have positive free cash flow. They plan to open with a 2.3% dividend yield. IPO is priced in the 25-28 range.
Do your own due diligence.
They invest in late stage clinical trials in exchange for a share of the drug royalties if the drug hits. They have a 45 different drugs they are gaining royalties from including big drug names from JNJ, ABBV, VRTX and BIIB.
They have been around since 1996 and make a profit and have positive free cash flow. They plan to open with a 2.3% dividend yield. IPO is priced in the 25-28 range.
Do your own due diligence.
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