Why's that? I just want a fund with lots of exposure to MRK, JNJ, and UNH
other preferred criteria are low expense (obviously) and no comission on schwab.
Drug stocks going to keep dropping, and I'll likely keep buying. UNH is going to keep rising, I should've bought more, and I want to increase exposure.
50 pct. index funds, DCAing every month -Emerging markets - only up 4% so far, -DAX30 - only up 4% as well, -SP500 - up 9% so far + dividends (the other two are accumulating funds which makes their returns even more paltry).
Always bet on USA.
The other 50% has been stock picks on my home market (Denmark).
Also got very lucky with an IPO, netting a 40% return in 2 months. A shame I only dared to invest like 1000 dollars in it.
Ding ding ding! How did everyone do today? I'm down another .73%, no end in sight for the cannabis and BGS torture gauntlet. It..it's a buying opportunity, remember to buy a lot of CGC and HEXO. Also OEC, it's very important that you buy OEC, I no joke can't tell you why though. S&Peepee has broken and closed above 3k! We have the big table at Del Posto reserved, replete with an oceanside view in the west Chelsea neighborhood in Manhattan. Maybe, uh, go a little easy on drinks and apps, my wallet needs a break.
I'm + .39% with 1/3 invested. This has been a rollercoaster wk +.32%
Matthew Thompson
up about 1.4% thanks to intel, decided to buy the dip after getting justed buying the top
Kevin Allen
Up 1.32%
Adrian Diaz
Buy Syngene. The problem with pharma is that there are so many themes to play - pharma drugs, biologics, generics, complex generics, biosimilars, speciality etc. but all of them will outsource the research and initial production to CROs. India or China based CROs are cheaper so pharma cos prefer them, but most of them are junk; except for Syngene, which is a Biocon subsidiary. Syngene has grown profits/topline at 26%/28% CAGR for the last 10 years.
Disclosure: I'm a pajeet but have little faith in Indian stonks except for this co and 3 others. Rest of my holdings are in US/UK.
Up 0.15% today, down 2.46% for the week on RH. Options are hard, but I'm starting to get my bearings. Made a decent XLF play today. Practice (and lots of reading) makes perfect! Elsewhere I'm up 2.72% in my boomer (all ETFs) portfolio. Time for some R&R.
WOW that was fast! I set a limit sell for a 1/3rd of current position that didn't trigger because RH didn't count the fourth digit and just rounded up. I lowered to 2.08 and I'll leave it be for the next 30 days or so.
What's your entry?
I believe Merck is "best of breed" are you the india trader who was talking about owning india tobacco instead of undervalued Altria?
>pokeyman posters Enjoy your weekend indoors faggots
Nathaniel Carter
please refrain from poasting that gif, it's grim's and I thought you were him for a minute. Speaking of, ask grim about his plays exactly one year ago, his July earnings option gambling spree last year was the stuff of legends
Pretty good. I got frustrated that I missed the daily bottom. Missing the big picture I guess.
Ethan Campbell
Consider the following from BofA:
"...we anticipate an "overshoot" in credit & equity prices in coming months, followed by an overshoot in gold (US$ devaluation) before big H2 top in asset prices (as bond bubble pops & policy impotence visible)."
Ayden Edwards
My bad. Ok, next time I see him post I'll ask him.
Brayden Taylor
Same guy, but I didn't say I wouldn't own MO because it is under/overvalued. I said I wouldn't own it because my family owns huge quantity of ITC, which they've held for the last 40 years. I calculated the last 20 year CAGR to be 26%. I don't want overall holdings to be too skewed towards tobacco.
Pharma is tough to understand business so I stay away. They may look over/undervalued on paper but the reality can be completely different. Eg. There was a huge boom and bust of huge generic/pharma drug makers and money all shifted to biosimilars and biologics recently. CROs are a pretty safe bet and the trend is picking up. 8 out of 10 top pharma cos in the world are the clients of Syngene.
Camden James
Its all thanks to you I think... I woke up late and immediately first read the post "ree I needa put funds in to buy this jnj dip" And I was like a JNJ dip? Thats a just buy it nya moment
Eli Watson
So you're saying the markets are going to go up and go down?
Ayden Wood
Filtered
Juan Hernandez
Nah I've got some funds in RH, and could easily sell some things or get that $1000 instantly available deposit.
I did post about it though.
I keep fucking up by wasting too much time screening ETF's, so I can get the shit on Schwab comission free, and trade it in my IRA to avoid taxes on capital gains and dividends.
I think I'm being stupid.
John Morales
He keeps fucking pumping LMT... god damn it
Every time I think it's too late, that the easy money has been made in LMT and Precious Metals, they goes up even more
Anthony White
thats why you should always have some LMT in the folio, also dem phat dividends.....
I almost my entire saving account in LMT when I got back from Iraq in 2008. I almost bought a bitcorn when I learned about it in 2010. Ow I just buy memems shills on 4channel
Jace Ward
And here are the results: weed was a mistake. I'll post performance following this
Down some i dunno. I don't feel like looking until Sunday evening. I am heavily short the S&P as of yesterday and added to it this afternoon. Tried one more time to fish for signs of life from two US dudes weed, Cresco Labs and Green Thumbs. Both of which are well undervalued. Stopped out on both for small loss.
For S&P i'd like to see greater fool gap up on Monday, i will double down short, and the blood will flow. So say my left pinky toe.
Gies, not quite an /smg/ related question, but this is about the only Jow Forums tgread that ever discusses the real economy. I am concerned about the debt ceiling. What are you guys doing to prepare yourself should we default? How bad is it going to get if we do?? Think the Fed rate would jump up to like 6-8%? That would be fucked.
Owen Bell
The thing is we're never going to pay back the debt, and it's more important to look at the debt as a portion of the GDP. We'll just keep raising the debt ceiling, inflation will continue, and people will keep buying treasuries.
Easton Lopez
Trump will just roll it over like the good little Jew slave that he is because he doesn't want to upset the stock market.
That's all America is: if it's good for the stock market, it happens, if it's bad for the stock market it doesn't.
Damn sustainability all to hell apparently.
Cameron Sanchez
Looking at stuff I can use to buy stuff like BTCUSD Shorts (obscure shit) and was looking at Trading View, does it seem alright? What broker would you use? Or do people use other stuff?
Down but overall I'm up over 15% so go me. Could be worse; I could be down 16% in the shat.
My two largest holdings is AMRN and T Babies.
Go AMRN! Go AMRN! Go! T Babies flying pretty good to.
Annalist seem to agree AMRN could hit $50 per. The Holy Buyout would see that price x 2.
Brody Myers
>I almost bought a bitcorn when I learned about it in 2010 Kek > Be me, 2010 > Bitcoin? That's just numbers that can't be worth anything Fast foward > Be me, 2019 > Bitcorn? That's just numbers, it can't be worth anything for long I'm not sure if I'm right, I just know that a couple hundred dollars in 2010 would be millions today and I wouldn't have to work and could literally be doing anything other than typing this post while looking over my should to make sure my shit heel boss doesn't sneak up behind me.
Xavier Gonzalez
Are you a rebrand or a new tripfag?
Jose Scott
Okay this is going to be a bit presumptuous because gold was a component of the monetary system in the 1920s in the USA, so we can't directly compare interest rates. But from what I understand the US monetary system was still elastic, it could expand and contract.
Passed 100K total assets for first time today, bout 50% crypto 50% stocks. Feels good. Still need 20K more to pay off my student loan though.
Mason Howard
And here's the inflation rate from the same period.
Notice the correlation of low price inflation with elevated levels of equity inflation?
Also, the 1920s parallel our own time in that we have massive wealth inequality. You're either in equities making profits based on easy money, or you're not.
Beat this. >Be me in 2013 >Neet introvert >Heard about btc from a guy on a forum >Thought it was a cool idea >Bought 2 bitcoins for $140 >Spent 0.2 btc on donator gear for a WoW private server >Withdrew the rest when bitcoin reached $18.6k (not the top but close)
Do the math on 0.2 btc at $18.6k when I withdrew my BTC for dollar. I played with that gear for like a month and I think the server died 3 months later.
beat this: >be me >be 2011 >learn about buttcorn on 4chins >buy $50 worth, about 35-45 BTC >completely forgot about it >don't remember where it was stored >lost $600K worth of buttcorn into the either
I remember thinking about bitcoin for years and wanting to set up a computer to mine it and I someones have this fever dream that I had a bunch somewhere. Wish fulfillment can grip your mind
Adam Hughes
it kinda makes me sick thinking about it but to be honest, had I remembered where it was and known when it hit 150 I would have likely sold half then, then half when it hit 300, etc. etc.
Logan Perry
Did you try taking the drive to get it recovered?
Sometimes the data is still okay.
Carson Bennett
So which of you savvy traders are selling this peak to buy again when it's lower?
Kayden Hernandez
I wonder how much this has happened. I heard the "dominance" talk in crypto is completely shit because there's SOOO many bitcoins that is lost into space. Bitcoin now has 65% dominance in crypto, but in reality it's probably around 40-45% because there's so many that is just lost in forgotten wallets or fucked transactions, etc etc.
Jose Thomas
I never thought about mining buttcorn and never will
Lose both equity and NUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
Christopher Anderson
it went something like this
Rate Cut Earnings Tapers Market goes down Gold Spikes Recession Cant QE into negatives Goldbugjewbergs win
Ethan Wood
I mean like if Congress doesnt pass an increase before thier recess on the 26th. If they don't, there's a good chance Treasury will run out of money before they return, and nobody in Congress seems even the least bit worried this time.
Jason Thomas
Already did baby
Lincoln Price
Should I invest a couple hundred bucks into kosher fabrics aka Levi's? The price is currently just slightly above its overall lowpoint. I don't know about the Denim products but in Germany, Levi shirts have become the official Thot uniform. I see them everywhere on campus, almost as prevalent and obnoxious as Fjäll Raven backpacks. Can anons from other countries (or continents) confirm similar trends?
I just got a $5k sign on bonus... is now a bad time to put it all on VTSMX?
Anthony Perez
VTSMX holder here, I don’t think they’re accepting new shareholders.
Also, the expense ratio is higher than VTSAX, which is SLIGHTLY higher than the expense ratio for VTI.
Personally, my broker charges me $50 transaction fees for mutual funds, $5 for ETFs, so I’m sticking with ETFs for now.
Nicholas Powell
I can only confirm that those backpacks have been everywhere for years now in LA.
Leo Gray
down 31% shorting dbk
Aiden Lee
Levi jeans are still a hot commodity in US, but the prices of their jeans have gone down a bit. I remember when you couldn't find 501s for less than $55 and now you can find them for $40ish. I'm pretty bullish on them. But if you're not throwing money at LK you're doing it wrong. You simply cannot lose money being a coffee shop, it's unpossible. No matter where you put them people go there because they're there, not because they necessarily want coffee.
Christopher Diaz
Any Ford chads in here? Holy shit I’m crushing over here. It’s my best stock I’m holding by far.
Dylan Harris
Schiff is so single minded about Gold that it blinds him.
Really, money is anything that can be used as a medium of exchange. The Romans used salt to pay their soldiers because it was in short supply and it was valuable at the time.
All of us would have been better off buying Bitcoin in 2011 than Gold or Silver. That's a fact.
Gold is an inflationary hedge and it's acted in that way since 1971.
Maybe some day Gold will be utilized again in trade between nations, as a lot of central banks seem to be buying more gold, but for that to happen the dollar would need to lose it's prominent in international trade and hence, inflation hedge.
Evan Davis
>U.S. lawmakers expected to delay Mueller testimony by a week VERY Bullish
Justin Morgan
I think we can QE into negatives
But that is the big test
The big red line
Let’s what Nippon and Swiss - they should hit that point first
Jonathan Scott
I'm new to this and starting small with $10, what should I invest it in?
Angel Clark
I mean, that's a decent dividends stock though.. right?
John Turner
Japs should already be at this point, kuroda turning interest negative. Penalizing banks for the more money they keep with the BOJ, incentivizing them to lend more and invest more.