Stock market tips and experiences

[antzcrashing]

CNBC:

[barcelona]

[QUOTE=Humdizzle;28336691]added to my amazon position a few days ago since i couldn't decide how to spread that money between multiple other stocks. just a gut feeling they will do well over the holidays.

Congrats you will get 19 more for each that you own, appx June 3 is presplit ownership date.

1st GOOG, now AMZN, wonder who is next.

[paquet]

Think it's May 27 for shareholders of record - which means rewind another 3 days for purchase settlement etc

[E92inNC]

Can someone enlighten me on the advantages, if any, on an index fund vs an ETF like VTI, VOO or SPY? I’m a novice on invest speech but from a few articles it seems they are the same thing, following the S&P 500, except the index fund costs a few dollars for every 1k in the account to “manage” I guess? So far I’ve been buying VTI and planning on also buying the other ETFs with my Roth account knowing I won’t touch it for a least two decades and buying shorter term stuff with my individual account. I’m wanting to see if there are better routes than ETFs for my Roth account to “buy it and leave it alone” until retirement.

[chassis]

Take the example of S&P500 index investments.

VFINX, an S&P500 index mutual fund, and SPY, an S&P500 index etf, are the same in practical terms for the long term investor. They are both baskets of stocks that closely mimic the behavior of the S&P500 index.

VOO and SPY are functionally equivalent S&P500 index etfs. They are sponsored by different institutions (Vanguard for VOO and SPDR for SPY). VTI is a total stock market index etf offered by Vanguard. It is not the same investment as VOO or SPY.

Mutual funds do not trade intraday. Value is established after market close, normally by 6:00pm New York time. etfs trade throughout the day and can be bought and sold in a similar manner as individual shares of stock. etfs are more liquid in the sense they can be converted to cash nearly immediately. Mutual funds do not share this feature with etfs.

Liquidity and price transparency are the main advantages of etfs. I have read articles that mutual funds may go the way of the dodo bird and are structurally more costly to operate. I have not researched this too deeply to defend that idea.

I invest mainly in stocks and hold no etfs.

[E92inNC]

Originally Posted by chassis

Take the example of S&P500 index investments.

VFINX, an S&P500 index mutual fund, and SPY, an S&P500 index etf, are the same in practical terms for the long term investor. They are both baskets of stocks that closely mimic the behavior of the S&P500 index.

VOO and SPY are functionally equivalent S&P500 index etfs. They are sponsored by different institutions (Vanguard for VOO and SPDR for SPY). VTI is a total stock market index etf offered by Vanguard. It is not the same investment as VOO or SPY.

Mutual funds do not trade intraday. Value is established after market close, normally by 6:00pm New York time. etfs trade throughout the day and can be bought and sold in a similar manner as individual shares of stock. etfs are more liquid in the sense they can be converted to cash nearly immediately. Mutual funds do not share this feature with etfs.

Liquidity and price transparency are the main advantages of etfs. I have read articles that mutual funds may go the way of the dodo bird and are structurally more costly to operate. I have not researched this too deeply to defend that idea.

I invest mainly in stocks and hold no etfs.

Everything you wrote is mostly what I got out of the articles about the differences. My main confusion is while both types follow the S&P 500, why does (some?) index funds have a fee?

[chassis]

Fees are paid by investors to pay for the operation of the mutual fund or etf. Humans are involved in maintaining the portfolio (basket of stocks) and to file reports as regulated by the SEC, among other bodies. Funds don’t run themselves, humans are involved. Funds have overhead.

[antzcrashing]

GME up 25% today, told you that risk assets were not done.

[XKxRome0ox]

And I'm very appreciative of GME making its huge comeback
It was below $80/share beginning of last week

[Humdizzle]

i've held my GME, AMC, CLOV. Nice to see them making a comeback. still down... but not as down lol.

whats everyone's move right now? safe investments in sp500 for the time being? goog,amzn,tsla since they seem to be on the verge of splitting ? chip manufacturers? military?

[E92inNC]

Originally Posted by Humdizzle

i've held my GME, AMC, CLOV. Nice to see them making a comeback. still down... but not as down lol.

whats everyone's move right now? safe investments in sp500 for the time being? goog,amzn,tsla since they seem to be on the verge of splitting ? chip manufacturers? military?

If Amazon goes below 3k again in the next few weeks before the split I’ll add into my account and buy a share or two. Otherwise I’m just buying VTI or SPY as my bi-weekly ach hits my account

[chassis]

Originally Posted by Humdizzle

i've held my GME, AMC, CLOV. Nice to see them making a comeback. still down... but not as down lol.

whats everyone's move right now? safe investments in sp500 for the time being? goog,amzn,tsla since they seem to be on the verge of splitting ? chip manufacturers? military?

No change to the strategy. I continue to diversify and haven't sold anything. I like real estate and energy at this point. All with a long term view. I am mostly stocks and cash and generally liquid.

[antzcrashing]

Originally Posted by chassis

No change to the strategy. I continue to diversify and haven't sold anything. I like real estate and energy at this point. All with a long term view. I am mostly stocks and cash and generally liquid.

Real estate etfs? If so which?

My strategy is add to my cash position and wait to pounce on the dip. I am expecting a dip and if I dont get one, I will just ride on what I have - a mix of index funds, etfs, stocks of companies I like and believe in, and a few FU memes

[XKxRome0ox]

anyone have any risky plays you want to share?
I'm itching for some action

[JP10]

Eh, was debating hoping back into CTRM hoping for an explosion like that of Feb of last year. Quarterly projections look good, needs some more volume though. Not sure, may have missed it already though.

Short of that my risky plan has to do with a home renovation. Modifying my single car garage into two car with a FROG and adding 500sqft of living space. If I can build/finish for $130-150/sqft and right now my neighborhood is appraising around $220/sqft it would be absolutely ideal. Just trying to figure out how I want to pay for it. Based on neighborhood comps it seems like an absolute steal. There is a house down the street (2miles) going for $240k more then what I bought for (6months ago), if I do the frog we will be within 100sqft and a nicer home (aesthetically - interior and exterior) with a larger corner lot rather then sandwiched between neighbors - same bed/bath quantity. Goal would be a $75k budget for like a $130-140k gain in overall home evaluation. Debating the hell out of it right now lol!

[chassis]

Staying the course. Adding to energy and logistics positions which are doing nicely.

[floridaorange]

SHIBU.X

Now on robinhood.

Yes it's crazy cheap, 25 cents = 10,000 shares currently.

But Doge was mocked long before it ran as well.

[JP10]

I looked at CTRM again, 2 hours after I posted my comment on Tuesday it shot up 20%, pissed I was hesitant lol

[PittsDriver]

If you're an old retirement age coot (59+) you might want to start thinking about what is going to happen to the income tax schedule in the coming year or two. If they decide to really jack the ordinary tax rate then deferring your withdrawals from your IRA or other retirement accounts may be a big mistake. Most people are thinking the withdrawals will happen when their income is lower so their tax bracket will be lower in retirement. But lower than what? If the tax rates go where I think they're going it'll be a pretty ugly surprise when you're paying higher tax on your IRA withdrawals than you ever would have if you took it out ASAP (assuming you're over 59).

[chassis]

PittsDriver

This is fear of higher tax rates. It’s speculation.

The classic antidote to the fear is Roth conversions.

If you are considering applying the fear antidote to the fear, it’s in your interest to construct a comprehensive financial model to quantify the net worth and total tax expense impact of Roth vs no Roth scenarios. The RPM model on bogleheads is constructed for this purpose, it’s free to download.

Please report back.

[antzcrashing]

Originally Posted by XKxRome0ox

anyone have any risky plays you want to share?
I'm itching for some action

Bought snowflake, small position. I just can't buy this risk off sentiment the whole market is playing so I am running counter

But, also sitting on 10% cash in investment accounts, which is fairly conservative

[PittsDriver]

Originally Posted by chassis

PittsDriver

This is fear of higher tax rates. It’s speculation.

Fair enough - those images in the crystal ball are pretty fuzzy but it sure seems like there's a vector toward taxing the snot out of people making money to pay for all the free stuff. Fear you say? The thing I fear is the tax on people that own stuff (asset taxes). Yeah, that one is pure speculation but they sure talk about it a lot. You just can't keep giving away free money without paying the consequences. Like Margaret Thatcher once said, sooner or later you run out of other people's money.