Investing General Discussion
- Thread starter Furious
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tugofpeace
Trakanon Raider
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Rangoth
Blackwing Lair Raider
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I can buy it on fidelity....at least I think. I can test with a single share if needed but it shows up and I can fill out a buy ticket.
Not sure of the hype though, it's pretty close to just using the SPAXX where fidelity provides the option to keep all cash in the account not being used, unless I am missing something. It's only a minor improvement. I suppose you could cycle the 0.40$ difference between the ex date and next cycle for some meta? But I'd argue keeping money in SPAXX and selling fairly OOM puts on a reliable ticker that offers short term(weekly) like the SPY would be better.
You'd get whatever the SPAXX rate is(currently: 4.26% i think) + a low delta(under .2) weekly put on SPY for another .1% on the cash. This would bring the annual rate to around 4.85% i think?
I think with these type of investments it's less about the return and more about the security + liquidity of having cash available anytime.
Not sure of the hype though, it's pretty close to just using the SPAXX where fidelity provides the option to keep all cash in the account not being used, unless I am missing something. It's only a minor improvement. I suppose you could cycle the 0.40$ difference between the ex date and next cycle for some meta? But I'd argue keeping money in SPAXX and selling fairly OOM puts on a reliable ticker that offers short term(weekly) like the SPY would be better.
You'd get whatever the SPAXX rate is(currently: 4.26% i think) + a low delta(under .2) weekly put on SPY for another .1% on the cash. This would bring the annual rate to around 4.85% i think?
I think with these type of investments it's less about the return and more about the security + liquidity of having cash available anytime.
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These MSTR puts expired worthless last Friday. Nice little 2 weeks play. S/O Blazin and Rangoth
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tugofpeace
Trakanon Raider
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Wow, what a drop. $82 to $71 in a matter of hours lmao. Debating whether to dip in.. any suggestions? This has a lot of room to drop. Edit: Bought some @ $72. Going to set a stop loss this time. Not setting stop loss has really fucked me over the years.
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Looks like we have officially entered the "Biden admin no longer threatening other agencies (i.e. the Fed) to report lower inflation numbers" phase of the game.
It's like the whole market today has basically been given a high colonic after a weekend long Taco Bell binge.
It's like the whole market today has basically been given a high colonic after a weekend long Taco Bell binge.
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General Antony
Ahn'Qiraj Raider
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I think the play is to go like a year out and lock in the retarded IV. I buy-write'd a few CCs a bit ago between 180 and 200 strikes for 12 months, net cost was ~125/share and will return 190 as long as the price doesn't collapse below that.
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Sanrith Descartes
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M lowered forecasts. Stock is back where it was in 1996. So if you invested 30 years ago all you have made is dividends for your 3 decades of ownership.
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Asshat Foler
2024 FoH Asshat
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I’m just curious what could be driving it up all this past yearI don't talk about it because I paperhanded it
They're just head and shoulders the best streaming service. All the others one struggle to turn a profit and Netflix made like $7B in FCF during the past twelve months. They troughed in 2022 and since then have been on a tear. They really popped on ad tier level driving FCF growth. I simply don't know what levers they have to pull to keep that going, just international expansion I imagine. Maybe subscription price increases. Everyone here hates value investing but when I purchased (in 2022) they were at like a 20 PE and now they are at a 51 so I avoid, but I was wrong to sell at a 30 PE (thus showing why everyone hates PE's, they can keep expanding).
I'd struggle to buy at these levels unless someone lays out a case for the margin to keep expanding and thus keep this elevated PE.
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Jysin
Ahn'Qiraj Raider
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They came out of the trough by cracking down on password sharing, opening an Ad Tier, and raising Sub prices. Seems like they spent all ammo quickly and it is hard guessing what drives the next leg up. The consumer will only tolerate raising prices for so long. International growth is the best bet, however Europe isn't doing so hot right now economically speaking.
Avoiding at this PE level is probably the smart play without a catalyst for new growth.
Avoiding at this PE level is probably the smart play without a catalyst for new growth.
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Cad
scientia potentia est
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Seeing these kinds of returns kinda makes me want to be more adventurous in trading, but I also feel terrified I'm going to lose too much and impact retirement. VTI/VGT "feels" safe. How do you guys get over the need to preserve investing in individual equities? Does the mindset naturally shift to more conservative when the balance goes up?
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Just set aside a portion to be adventurous with. At time like this when the market is expensive I usually have a higher cash balance and I’ll do a bit of opportunistic trading with a portion of that cash. GOOG is a great example I also bought around the time Jysin mentioned and sold today for ~12%.
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Sanrith Descartes
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One thing to consider is when you look at the index funds, the top 5 or 6 are heavily weighted so a big chunk of your invested dollars are in AAPL/MSFT/TSLA/JPM/GOOGL etc.
So investing additional dollars in those names is very similar to investing in the index in terms of safety. If AAPL drops 50% for some black swan event, your indexes are also going to be crushed to a lesser degree because of its weight.
That all being said, investing in individual lesser quality stocks brings more risk. But it you like a stock, say JPM and it's only 3% of your index, buying some additional shares on a JPM dip shouldn't be seen as a really big risk as you already own 3% of it via the index.
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Cad
scientia potentia est
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It's a good point, but looking at TSLA for example, it looks like you could have bought it in 2021 for around $200-ish, and it has wavered up and down but never went anywhere. I think I think too much in a long mentality where I want it to just slowly go up. There's a lot of volatility in these stocks that you could exploit if you trade smartly, but a lot of volatility could kill you too if you don't. Buying the index seems like a pretty safe play that it's just going to slowly and steadily go up and I can just hold it and forget it.
Maybe it's because I don't more actively trade, but at the same time... I don't know wtf I'm doing with stock trading so I'd just be shooting in the dark and giving my money to people who do know what they're doing.
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