The Investment Thread

[nodakfan17]

I was a 1099 employee my first year out of college while working in a commissioned sales role. It was the best job I could get due to the financial crisis and subsequent recession. I wasn’t earning that much money and was paying the full 12.4% on the little money I did earn. Brutal.

[igor67]

Thanks for the correction on the percentage.

[RollieTime]

Bizarre day for sure. I was positive 16% today, but that is because for years I have been heavily invested in $ATHX a company that is close to breaking out with their product, one of the indications it treats is ARDS which is essentially one of the complications from COVID-19 that leads to death.

 

 

Im still long ATHX. My portfolio is up 186% since March 1. The CEO just did an interview on Fox News today. We will see double digits soon.

 

Bought into ATHX after you initially mentioned it in here a few weeks ago. Couldn’t be happier with the investment so far! Very promising company that could be a real player in the Covid fight.

[nodakfan17]

If you could only buy one, what stock would you feel better about long term - Walmart or Target? Why?

[LouisEly]

As of the end of April, as many Americans who have received stimulus checks chose to put them into savings (38%) as chose to pay rent (14%) or pay for food and basic household needs (25%) combined.

 

https://www.axios.com/americans-to-save-not-spend-stimulus-checks-bb84737a-a924-4613-a471-169a07942da1.html

[JackNicholson1974]

Bizarre day for sure. I was positive 16% today, but that is because for years I have been heavily invested in $ATHX a company that is close to breaking out with their product, one of the indications it treats is ARDS which is essentially one of the complications from COVID-19 that leads to death.

 

 

Im still long ATHX. My portfolio is up 186% since March 1. The CEO just did an interview on Fox News today. We will see double digits soon.

 

Bought into ATHX after you initially mentioned it in here a few weeks ago. Couldn’t be happier with the investment so far! Very promising company that could be a real player in the Covid fight.

 

 

That’s awesome that you got in. Go long. If Multistem works for Stroke or ARDS is could mean life changing money. That might be 5 years away yet, but if it hits $20, it will eventually hit 50, 100 and who knows. I’m still long 18k shares at $1.49 average.

[superfly]

Raise your hand if you’re still holding anything from the crisis of march 2020.

[owbc]

Raise your hand if you’re still holding anything from the crisis of march 2020.

 

I didn't touch any of my investments in March which seems to have been the right call since they have mostly recovered. If the economy is left alone there will definitely be a second crash later this year but I expect government to step in and prevent that from happening, especially in an election year.

[FVBrewerFan]

Raise your hand if you’re still holding anything from the crisis of march 2020.

 

Financially, I have definitely benefited from the crisis. I pulled a bunch out of the market when the S&P hit around 3,150, and another chunk around 3,300. Reinvested at the bottom. Now that S&P is back up over 3,100...yea it's been a good ride this year.

[LouisEly]

Wrap Technologies has almost doubled over the last week due to the protests. I can see significant investments in more humane means of people detainment and control. I'm doing really well so far on that investment.

 

What companies are best poised to benefit from an increased investment in retail security for smaller stores?

[igor67]

I honestly find it more than a little disturbing that the stock market is basically right back where it was

[owbc]

I honestly find it more than a little disturbing that the stock market is basically right back where it was

 

As I noted in the other thread, many businesses have used this as an opportunity to slash labor costs and trim unnecessary costs. Many were also sitting on a ton of cash which combined with the government loans has allowed them to move along.

 

The question I have is--when will the high unemployment start to take its toll on the economy? Seems like the answer depends on how long unemployment benefits are allowed to continue. And a number of industries are counting on additional government support to make it through the rest of the year. My bet is that nothing is allowed to fall apart until after the November election.

[superfly]

I honestly find it more than a little disturbing that the stock market is basically right back where it was

 

Unlimited fed printing and 0% interest rates really does wonders for a fake stock market doesn’t it? Oops sorry I was supposed to say “stimulates the economy.” 2020 pumping stocks is what 2019 was except all roided up.

 

*Typing this as the futures are green and were on about 12 days in a row of the same exact “pumping stock futures at night and green markets all day long.”

[brewcrewdue80]

I honestly find it more than a little disturbing that the stock market is basically right back where it was

 

Unlimited fed printing and 0% interest rates really does wonders for a fake stock market doesn’t it? Oops sorry I was supposed to say “stimulates the economy.” 2020 pumping stocks is what 2019 was except all roided up.

 

*Typing this as the futures are green and were on about 12 days in a row of the same exact “pumping stock futures at night and green markets all day long.”

 

This bothers me also, but then again the Dow is based on 30 companies. My stock watch has lost one stock, and I feel at least 2 more are due to disappear or be bought out and absorbed.

I imagine there are a few sectors that have or will be hit hard, but come the Dow 30, 3months is but a blip to them, I imagine the majority was deemed essential and business generally moved right on along.

[superfly]

Not being bearish but in my opinion the “virus” cases are about to spike here in the next few weeks...could see the market yanked. I’ll be taking profits on anything left that I’m not holding long long term.

 

Note we won’t see the lows again, but im thinking they try to shut us down again. Horrible for the economy and all of us, bullish for stocks.

 

Just for fun I’ll probably buy a small position in Hertz (HTZ) this week too. Read the government is directly invested in them now by hook or crook, so thinking they won’t cancel the shares. Hero or zero type play.

[nodakfan17]

I have some spare cash I’d like to invest in equity index mutual funds. I’d hate to put these funds in the market all at once only to see the market go down, so I think dollar cost averaging makes more sense for me. What’s an appropriate timeframe for DCA’ing? 1 year? 2 years? Longer?

[PeaveyFury]

I have some spare cash I’d like to invest in equity index mutual funds. I’d hate to put these funds in the market all at once only to see the market go down, so I think dollar cost averaging makes more sense for me. What’s an appropriate timeframe for DCA’ing? 1 year? 2 years? Longer?

 

I'm a fan of shorter DCAing, as I believe data has shown that 3-6 months is ideal. I could certainly be wrong about that, but I believe there was a study on it from a couple of years ago.

[nodakfan17]

I have some spare cash I’d like to invest in equity index mutual funds. I’d hate to put these funds in the market all at once only to see the market go down, so I think dollar cost averaging makes more sense for me. What’s an appropriate timeframe for DCA’ing? 1 year? 2 years? Longer?

 

I'm a fan of shorter DCAing, as I believe data has shown that 3-6 months is ideal. I could certainly be wrong about that, but I believe there was a study on it from a couple of years ago.

 

Thanks. The rational side of me knows regularly investing in equity index mutual funds is a proven path to financial independence. The irrational side of me finds it hard to part with cash knowing how hard I’ve worked to accumulate adequate (non-retirement) savings.

[GAME05]

I've done my reading (could always do more), but still largely speculating and not investing. Really need to carve out more time each week to sit down and take a better look at one or two companies.

 

Thought pharmacies would do better with a vaccine coming our way, but I guess if it needs -70 temperatures to remain good that doesn't really help them.

 

Did very well on Tesla, though I jumped out at $590 after hearing from many that it was overvalued and could potentially face their first vehicle recall. It's still going up, though. But I think once they get their satellite internet service....off the ground... it'll surprise some folks at just how many rural people are wanting better service.

 

Got some Grayscale Bitcoin Trust a couple weeks ago. Turned out to be good timing. But I have absolutely no idea what to think of it going forward or if I should just cut bait.

[nate82]

This year I have only bought 1 stock and that was AIEQ back in January at about $29 a share and it selling right now at about $36 a share and I still have WU which I bought a few years ago at $19 a share and is trading at $23 a share. I did sell my AMD position this year which I held for about 5-years bought at $3 a share and sold at $94 a share which was nice except for the tax bill at the end of this year. I hate taxes and I have already rolled over all of my other long-term losses so no help on that for this upcoming tax year.

 

I am thinking in investing in OTGLY, yes I know they had a horrible release for their most recent game but I think the sales numbers even with returns are still going to beat projections and the stock should rise.

[FVBrewerFan]

I've done my reading (could always do more), but still largely speculating and not investing. Really need to carve out more time each week to sit down and take a better look at one or two companies.

 

Thought pharmacies would do better with a vaccine coming our way, but I guess if it needs -70 temperatures to remain good that doesn't really help them.

 

Did very well on Tesla, though I jumped out at $590 after hearing from many that it was overvalued and could potentially face their first vehicle recall. It's still going up, though. But I think once they get their satellite internet service....off the ground... it'll surprise some folks at just how many rural people are wanting better service.

 

Got some Grayscale Bitcoin Trust a couple weeks ago. Turned out to be good timing. But I have absolutely no idea what to think of it going forward or if I should just cut bait.

 

Pharmacies got crushed recently when Amazon jumped into that space with both feet. I bought a little Walgreens for the first time in my life, figuring Amazon may not hurt them as bad as the market thought. We'll see.

 

Tesla and Bitcoin are too volatile for my liking, but I do track them.

[owbc]

I honestly find it more than a little disturbing that the stock market is basically right back where it was

 

Just looking back at this from June...LOL. The share price of my wife's company is now triple its pre-pandemic value. This has to be the biggest transfer of wealth to corporations and the 1% in American history. It's so messed up.

[TURBO]

It will be interesting to see what happens when the new administration takes over...

[CheezWizHed]

A couple things to note:

- COVID drove up inflation too. I'm not sure the exact percentage, but prices are visibly higher than pre-COVID (especially anything service related).

- Corporations don't "own" the money in the stock market. That is money borrowed from people.

- Far more than 1% of people have money in the stock market.

 

Far more disturbing is the number of small businesses that closed while big businesses were allowed to operate.

[owbc]

A couple things to note:

- COVID drove up inflation too. I'm not sure the exact percentage, but prices are visibly higher than pre-COVID (especially anything service related).

- Corporations don't "own" the money in the stock market. That is money borrowed from people.

- Far more than 1% of people have money in the stock market.

 

Far more disturbing is the number of small businesses that closed while big businesses were allowed to operate.

 

Some of the inflation is also related to tariffs. Especially construction materials.

 

Yes, technically the corporations do not own the wealth. But the increased value is derived from government borrowing and gobbling up the market share of small businesses. So it's all related.

 

The way I look at it is you might *think* you are doing well in the stock market, but if you are married to someone who has vesting stock options in one of these companies you quickly learn that you're making peanuts. I say this as someone who is benefitting from this and I think it's absurd. And then you think about the majority of Americans who have nothing invested and no pathway to receive any of it other than a $600 check.