Tmac
Adventurer
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Investing General Discussion
- Thread starter Furious
- Start date
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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!
Cutlery
Kill All the White People
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Sanrith Descartes
is basically to credit for this. 1200 shares of SPLG. I dont know fuck all about much.Just wish I had this a year ago and put it in Nvidia!
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Big Phoenix
Pronouns: zie/zhem/zer
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Moglyzoke Moogleman
This Site Sucks Hairy Asshole
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Straight to penny stocks along with Buzzfeed.
Imagine filing an IPO for a message board
Actually, you might want to look into thisLightning Lord Rule
Lightning Lord Rule
for the record I would buy FOH even if it wasn’t in a fund, as a show of support that I believe in it. Maybe you can roll the forum into a SPAC. 
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US man accused of making $1.8m from listening in on wife’s remote work calls
Regulator charges Tyler Loudon with insider trading in case that could fuel arguments about working from home
The SEC claims that Loudon, who is based in Houston, Texas, listened in on several remote calls held by his wife, a BP merger and acquisitions manager who had been working on the planned deal in a home office 20ft (6 metres) away.
The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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So I’m debating exiting FSMAX. I know SD, blazin and other posters didn’t really suggest capturing total US market in the first place but I decided to after doing some reading some boglehead discussions.
It’s wayyy more volatile than FXAIX and I assume any other sp500 index. Historically lower returns than FXAIX. In hindsight all the boglehead posts/topics about it didn’t really give any sort of technical reason to capture the full market other than some dogma about owning the entire market weighted. On one hand I really hate to exit it because I don’t think that’s very boglehead of me - not sticking to my plan and I already gave up my international last week, IXUS.
On the other hand I think boglehead philosophy is just philosophy. It’s not hard rules and if something doesn’t make sense why stick to it?
Right now out of FXAIX + FSMAX total my FSMAX accounts for 15% of that total. I think market weighted it would need to be 18-20% to approximate total market. Approximating total stock market - Bogleheads
portfolioslab.com
Looking for some thoughts on this. Even if you think approximating entire market isn’t worthwhile I’d like to hear the devils advocate opinion for doing so because as I’ve said it seems nothing more than some dogma and like
Blazin
has said in the past winners will bias up into sp500.
edit - I do want to say I see boglehead posts like this. However this goes back to what
Blazin
was kinda saying earlier, he wouldn’t buy an individual stock unless it’s something he wanted that wasn’t captured in one of his funds. I find this argument in the below quoted post dumb because sure you’ll get Tesla which would have biased into sp500 eventually but you’ll also get turds that bias down. So looking at it from that perspective you should have just bought Tesla at the time however what you didn’t know you didn’t know. I don’t think the poster can make this argument without acknowledging everything that biased downward or acknowledging that he could have alternatively bought Tesla stock on its way up.
It’s wayyy more volatile than FXAIX and I assume any other sp500 index. Historically lower returns than FXAIX. In hindsight all the boglehead posts/topics about it didn’t really give any sort of technical reason to capture the full market other than some dogma about owning the entire market weighted. On one hand I really hate to exit it because I don’t think that’s very boglehead of me - not sticking to my plan and I already gave up my international last week, IXUS.
On the other hand I think boglehead philosophy is just philosophy. It’s not hard rules and if something doesn’t make sense why stick to it?
Right now out of FXAIX + FSMAX total my FSMAX accounts for 15% of that total. I think market weighted it would need to be 18-20% to approximate total market. Approximating total stock market - Bogleheads
FSMAX vs. FXAIX — ETF comparison tool
Compare FSMAX and FXAIX based on historical performance, risk, expense ratio, dividends, Sharpe ratio, and other vital indicators to decide which may better fit your portfolio.
portfolioslab.com
Looking for some thoughts on this. Even if you think approximating entire market isn’t worthwhile I’d like to hear the devils advocate opinion for doing so because as I’ve said it seems nothing more than some dogma and like
Blazin
has said in the past winners will bias up into sp500.edit - I do want to say I see boglehead posts like this. However this goes back to what
Blazin
was kinda saying earlier, he wouldn’t buy an individual stock unless it’s something he wanted that wasn’t captured in one of his funds. I find this argument in the below quoted post dumb because sure you’ll get Tesla which would have biased into sp500 eventually but you’ll also get turds that bias down. So looking at it from that perspective you should have just bought Tesla at the time however what you didn’t know you didn’t know. I don’t think the poster can make this argument without acknowledging everything that biased downward or acknowledging that he could have alternatively bought Tesla stock on its way up.
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OU Ariakas
Diet Dr. Pepper Enjoyer
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US man accused of making $1.8m from listening in on wife’s remote work calls
Regulator charges Tyler Loudon with insider trading in case that could fuel arguments about working from homewww.theguardian.com
The SEC claims that Loudon, who is based in Houston, Texas, listened in on several remote calls held by his wife, a BP merger and acquisitions manager who had been working on the planned deal in a home office 20ft (6 metres) away.
That amount of money is such small fucking potatoes that it took her confessing to her bosses and them referring it to the SEC for them to bring charges. Oh, they fired her anyways because the company has no loyalty to people and must take the action that makes them look the least culpable.
This guy is dumb as fuck for ever confessing.
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Fogel
Mr. Poopybutthole
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Yeah, shoulda just rolled the dice and hoped the SEC wouldn't notice (likely). Now she's jobless, he's going to jail, probably had all the money seized, plus she divorced him. Completely destroyed both their lives over morals both their companies and the SEC routinely flaunt themselves.
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I'm taking the charitable view that he didn't rage quit because I called him a moron and this is in fact the case.
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Tmac
Adventurer
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Jysin
Ahn'Qiraj Raider
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Nothing to see here. New ATHs here we come!
... followed by:
Some more macro color:
I am still not fully cash deployed in the broader market. Not liking the breadth with the entire market being carried by a few names. Under the hood isn't as bullish as the big ETFs imply.
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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I think I’ve seen covered calls talked about before here. I bought 100 shares of RKLB yesterday for a 15-20 year hold. A coworker mentioned I should sell covered calls on them. Just started doing some research. Any thoughts?