ShakyJake
<Donor>
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Big Phoenix
Pronouns: zie/zhem/zer
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Tsla is fast approaching a trillion dollar valuation itself.
Microsoft anounced yesterday it was going to charge $30/month to access its AI capabilities in office365 which is why it popped 5%.
While the chat capabilities of chatgpt are great for wowing the masses, have any of these companies demonstrated solid use cases of how AI is going to revolutionize business practices or open up new possibilities?
Microsoft anounced yesterday it was going to charge $30/month to access its AI capabilities in office365 which is why it popped 5%.
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Blazin
Creative Title
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Mist
REEEEeyore
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Someone on my street has the electric hummer.
It is a very strange experience when it speeds past you at 40 while walking along a country road.
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Big Phoenix
Pronouns: zie/zhem/zer
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Hmmm, what happened to AI? First ASML now TSMC.
finance.yahoo.com
TSMC Cuts 2023 Outlook Ahead of Delay to Marquee US Project
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. cut its annual outlook for revenue and postponed the start of production at its signature Arizona project to 2025, twin setbacks for a chipmaking linchpin struggling with geopolitical tensions and a deep market slump.Most Read from...
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Burns
Avatar of War Slayer
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Second Baltimore office building to take a huge (69%) hair cut in the last 30 days:
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OU Ariakas
Diet Dr. Pepper Enjoyer
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The best thing that could happen to this country is the diffusion of people in cities out to the suburbs to make more smaller towns viable.
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Aldarion
Egg Nazi
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The suburbs are just cities with bigger lawns and less crime, but all the same fundamental problems as cities.
What this country needs is for people to return to actual small towns, the normal units for human civilization.
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Break
Golden Baronet of the Realm
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Is now a good time to buy Redfin? They're not far from all-time lows, once the housing market recovers years from now I'm thinking they would rally massively, especially as technology continues to streamline the home buying process and they expand into other markets, displacing the old realtor model.
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Flobee
Vyemm Raider
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Just my opinion, but they use AI models to price houses and I know that they were getting absolutely skunked in late 2021-2022 due to that model failing massively. I guess if you think AI will be effective in pricing houses in the future its probably the company to buy. I couldn't speak to fundamentals or anything like that, but anecdotally, when we were shopping for our house we used Redfin to find them then worked with a local agent to do the actual purchase. We tried to use Redfin but it sent us to an Indian dude and we weren't interested in that.
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Mist
REEEEeyore
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Can't make enough?Hmmm, what happened to AI? First ASML now TSMC.
TSMC Cuts 2023 Outlook Ahead of Delay to Marquee US Project
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. cut its annual outlook for revenue and postponed the start of production at its signature Arizona project to 2025, twin setbacks for a chipmaking linchpin struggling with geopolitical tensions and a deep market slump.Most Read from...
stupidmonkey
Not Smrt
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Break
Golden Baronet of the Realm
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It's not just AI, they take a smaller cut than the standard realtor model and from what I read people really liked the service whereever it's available. People typically like realtors too but showing people houses and accentuating the positives isn't exactly a skill required to sell every property.
Maybe AI/ML could work with Realtor drones who fly around the property and even inside to get video, create 3d models automatically with LIDAR etc... show off potential renovations with different flooring, paint etc, I think there's a lot of potential for a company like Redfin do things for real estate that the average realtor won't have a clue about. Sounds like they made some really bad bets right before terrible market conditions hit. If they're solvent as a company I think I might buy a small stake and just hold it.
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Kiroy
Marine Biologist
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assuming you're familier with the home buying/selling process and the 'old' realtor model, go try a redfin agent and get back to me with how you think they're doing
they get away with charging 1% for a reason
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ShakyJake
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Could anyone suggest an investment service that offers automatic deposit functionality, alongside automatic investments into chosen stocks and ETFs? Ideally, this service should accommodate fractional investing, allowing for flexible distribution of funds across the selected stocks according to the desired percentages.
I know mutual funds allow for this, but I want specific stocks and ETFs.
EDIT: It appears RobinHood allows for this. Any issues with these guys?
I know mutual funds allow for this, but I want specific stocks and ETFs.
EDIT: It appears RobinHood allows for this. Any issues with these guys?
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Tmac
Adventurer
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No, except for the time they paused trading on certain stocks, during COVID, to keep their largest shareholder solvent longer.
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Mist
REEEEeyore
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SoFi is probably better for what you want. Also works as a bank.
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ShakyJake
<Donor>
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I asked ChatGPT to create me a balanced, commodity-focused portfolio. Anyone see anything wrong with these selections?
1. **Exxon Mobil Corp (XOM)** - Oil and Gas (18%)
2. **Chevron Corporation (CVX)** - Oil and Gas (13%)
3. **BHP Group (BHP)** - Metals and Mining (13%)
4. **Rio Tinto (RIO)** - Metals and Mining (8%)
5. **Vanguard Materials ETF (VAW)** - Diversified (10%)
6. **Invesco DB Commodity Index Tracking Fund (DBC)** - Diversified Commodities (9%)
7. **SPDR Gold Trust (GLD)** - Gold (9%)
8. **First Trust Water ETF (FIW)** - Water (9%)
9. **iShares Silver Trust (SLV)** - Silver (11%)
1. **Exxon Mobil Corp (XOM)** - Oil and Gas (18%)
2. **Chevron Corporation (CVX)** - Oil and Gas (13%)
3. **BHP Group (BHP)** - Metals and Mining (13%)
4. **Rio Tinto (RIO)** - Metals and Mining (8%)
5. **Vanguard Materials ETF (VAW)** - Diversified (10%)
6. **Invesco DB Commodity Index Tracking Fund (DBC)** - Diversified Commodities (9%)
7. **SPDR Gold Trust (GLD)** - Gold (9%)
8. **First Trust Water ETF (FIW)** - Water (9%)
9. **iShares Silver Trust (SLV)** - Silver (11%)