The Investment Thread (stocks, bonds, real estate, retirement, just not gold)

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wagrxm2000 said:
Investors can get big tax breaks if they invest in 'opportunity zones' under new Treasury rules

Need more info but this looks interesting
Click to expand...

I have been following...I was wondering if we can open a bar in an opportunity zone and get the tax break?


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WVUPharm2007 said:
WOW. Some unexpectedly awesome news came in the mail today for us CVS folks:

wpQlOZk.jpg


Not every day do you learn that your fees are going to go down precipitously.
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How does this work if the funds are different, will they sell everything in Future Fund then transfer to Vanguard as cash? You'd lose all of your positions.
 
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It's likely they will transfer your asset allocation to a Vanguard based like funds maintaining the same % on each assets. If you pick target date, then they will just transfer to the same year Vanguard target date fund. It's a retirement account, so it won't incur any cap gain anyway. There is a blackout period when you can't change anything when this happens... after that it's business as usual.
 
WVUPharm2007 said:
WOW. Some unexpectedly awesome news came in the mail today for us CVS folks:

wpQlOZk.jpg


Not every day do you learn that your fees are going to go down precipitously.
Click to expand...

So basically I can see my 401k, Roth 401k, Roth IRA and Traditional IRA all under same account? Will they allow to merge all to show up under one log in?

I like how they just changed ESPP to E-trade. So can see both ESPP and stock options under one profile on E-trade.
 
rickyroxy said:
So basically I can see my 401k, Roth 401k, Roth IRA and Traditional IRA all under same account? Will they allow to merge all to show up under one log in?

I like how they just changed ESPP to E-trade. So can see both ESPP and stock options under one profile on E-trade.
Click to expand...

Should be able to. My wife's 401k, Roth IRA and 529 are all under one login.
 
And there you have it...S&P 500 is flat YTD
 
Negative here. I would have been better off putting it in a 1% savings account.
 
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pezdispenser said:
401k: 5.5%. I have 70% in US index funds but dragged down by the 30% in international, bonds and stable value.
Roth IRA: 17%. I use it as a trading account because it's tax free.
Taxable: 17%. I try to invest for long-term capital gains through large growth stocks like AMZN, GOOG, Vanguard Growth Index Fund, and Vanguard IT ETF VGT (mostly AAPL, MSFT).
Click to expand...
401k: 1.7% (yesterday)
Roth IRA: 10%
Taxable: 12%

But I'm on a spending spree this month. Bought 80k of stocks and index funds so far and still have cash to buy more if they dip further.
 
pezdispenser said:
But I'm on a spending spree this month. Bought 80k of stocks and index funds so far and still have cash to buy more if they dip further.
Click to expand...

I recently spent $165 k buying mostly hard assets and a small fraction on emerging market funds.




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Still watching market for signs of bottoming. Some of the marijuana stocks showed signs of stabilizing today. Otherwise not too invested in the market. AMZN and some other big players reporting earnings this week. Hopefully that gets the market going again.
 
WVUPharm2007 said:
$20,000 poofed out of existence like nothing. I need to stop logging into my accounts until this correction is over...
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Yeah I never look, I'll see what my 401k looks like at the end of the month. I imagine it will be a loss of $60k from there alone.

But this is good, we need a crash. We were only going to get low returns going forward anyways.
 
WVUPharm2007 said:
$20,000 poofed out of existence like nothing. I need to stop logging into my accounts until this correction is over...
Click to expand...

I feel you. I lost another 25k yesterday so -50k from just 2 of the red days. A portion of those assets were in "safer" mutual funds too. It's like hitting the pause button for 9 months. Oh well!
 
I got back half of what I lost yesterday. Wish I bought more yesterday.
 
102k drop of NW from top... lmao...

But I'm waiting for that 30% drop, might pull some $ aboard if that happens.
 
Business cycle is likely rolling over. Not saying equity markets will crash but they will be stuck in what feels like neutral or worse for a long, long time. Weakness and misses in FB, AMZN, GOOG, NVDA , AMD and the like tell you all you need to know. Housing is weak and autos are showing big drops across the globe. Fed is increasing rates and former Fed chairman Paul Volcker said the other day they don't know what they are doing....basically they are blindly raising to an imaginary target and have created a mess in every direction. Equities now have to compete with risk free interest rates, whereas in the last decade they did not. TBH I don't know how we will go forward without something really bad happening. Hedge fund billionaire, Ray Dalio, who basically has been spot on every economic prediction the last 15 years has echoed the same. Take a look around... everyone has gorged themselves on debt for the last 10 years, at the encouragement of the Fed and .gov to stimulate the economy. Debt is simply previous consumption and production, and we've borrowed a record amount of it from the future in relative and absolute terms. Eventually you got to pay. This stuff is everywhere. You saw all those high dollar claims going across the screen at Walgreens or CVS, charged to .gov, and didn't wonder who really paid for it and didn't think it would ever be a problem?
 
Misses don't equal weakness. Amazon still grew quarter over quarter by 30% and this is from a company that brought in 56 billion in revenue.

Ray Dalio and all these other experts can't predict anything. You know how many people have been calling for a crash the past 5 years? There's a new article weekly.

I've said it once, I'll say it again, there's nothing that's happening now that wasn't happening for the past so many years. People were freaking out when we past the previous crash high. You know how much those people lost?

We just dropped 10% in the beginning of the year, there's a better chance of us going back up then this being it. If you want out, that's the risk you'll have to take but when will you get back in?
 
wagrxm2000 said:
Misses don't equal weakness. Amazon still grew quarter over quarter by 30% and this is from a company that brought in 56 billion in revenue.

Ray Dalio and all these other experts can't predict anything. You know how many people have been calling for a crash the past 5 years? There's a new article weekly.

I've said it once, I'll say it again, there's nothing that's happening now that wasn't happening for the past so many years. People were freaking out when we past the previous crash high. You know how much those people lost?

We just dropped 10% in the beginning of the year, there's a better chance of us going back up then this being it. If you want out, that's the risk you'll have to take but when will you get back in?
Click to expand...
anyone buying AMZN on the dip today???
 
wagrxm2000 said:
Misses don't equal weakness. Amazon still grew quarter over quarter by 30% and this is from a company that brought in 56 billion in revenue.

Ray Dalio and all these other experts can't predict anything. You know how many people have been calling for a crash the past 5 years? There's a new article weekly.

I've said it once, I'll say it again, there's nothing that's happening now that wasn't happening for the past so many years. People were freaking out when we past the previous crash high. You know how much those people lost?

We just dropped 10% in the beginning of the year, there's a better chance of us going back up then this being it. If you want out, that's the risk you'll have to take but when will you get back in?
Click to expand...

I would say the interest rates consistently rising is something that wasn’t happening recently.
 
I wish I waited to buy in this dip. I got to anxious last week.
 
wagrxm2000 said:
Ray Dalio and all these other experts can't predict anything.
Click to expand...

Listen to Ray Dalio. He and his team of 1500 researchers know what they are talking about.

When are you going to make your 2019 predictions? If they are as bad as your 2018 predictions, I want to bet against you!




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BMBiology said:
Listen to Ray Dalio. He and his team of 1500 researchers know what they are talking about.

When are you going to make your 2019 predictions? If they are as bad as your 2018 predictions, I want to bet against you!




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Click to expand...

This year still has two months left. I was doing pretty good for the first 9 months.

To answer your 2019 question, I have no clue at this point. We are clearly at the tipping point for the collapse to finally happen. I feel sorry for all these experts since they all clearly have no idea what will actually happen.

I will say this, if nothing changes, I don't see the market performing well quarter over quarter this year so it's probably going to be a flat year. Now if we can get things to settle down we could get a decent year.
 
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buy buy buy. then sell sell sell at some arbitrary point before the nasdaq reaches its previous all-time high. the dow is more likely to surpass its all-time high on next attempt though
 
74777 said:
buy buy buy. then sell sell sell at some arbitrary point before the nasdaq reaches its previous all-time high. the dow is more likely to surpass its all-time high on next attempt though
Click to expand...

What's your reasoning?
 
wagrxm2000 said:
My gut tells me we end up flat for the month. There really was no reason for the drop, the ten year went from 3.26 to 3.16 during this period. This could happen again though if we get to 3.4 to 3.5.
Click to expand...

Anymore predictions from your gut today?

ImageUploadedBySDN1540996407.178694.jpg



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BMBiology said:
Listen to Ray Dalio. He and his team of 1500 researchers know what they are talking about.

When are you going to make your 2019 predictions? If they are as bad as your 2018 predictions, I want to bet against you!




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Click to expand...

I just need another 7 to 8% from today for my gut to be right
 
wagrxm2000 said:
What's your reasoning?
Click to expand...

if you would have listened instead of kept asking questions you would have made handsome profit today. anyways, the dow is more eager to retest major resistance (200 day), where it rests right now. the nasdaq and sp500 convincingly fell thru major support and are still several percentage points away from testing major resistance. if the dow surges later this week or next week it will simply have the benefit of sitting atop its 200 day support, while the nasdaq and sp500 are likely to merely be in position for a retest. to put it simply, the nasdaq and sp500 are more damaged from a technical perspective. given that the dow's year-long uptrending channel is still intact, i am assigning it with more upside

if you consider the political landscape behind this, it makes sense. trump and xi are to meet early in November and both have expressed optimism that some kind progress can be made. additionally, you have the possibility of the democrats overtaking the house next week (and less likely, the senate), which the market might view favorably if you consider how these tariffs are associated with trump and/or the republicans. if so, the dow stands to gain more based on the idea that the dow sold off much harder earlier in the year on trade war fears.

i've loaded on casino stocks (wynn, RRR), chinese stocks (tencent, alibaba, TAL) , and dow components in the last couple of weeks in anticipation of this.
 
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74777 said:
if you would have listened instead of asking questions you would have made handsome profit today. anyways, the dow is more eager to retest major resistance (200 day), where it rests right now. the nasdaq and sp500 convincingly fell thru major support and are still several percentage points away from testing major resistance. if the dow surges later this week or next week it will simply have the benefit of sitting atop its 200 day support, while the nasdaq and sp500 are likely to merely be in position for a retest. to put it simply, the nasdaq and sp500 are simply more damaged from a technical perspective

if you consider the political landscape behind this, this makes sense. trump and xi are to meet early in November and both have expressed optimism that some kind progress can be made. additionally, you have the possibility of the democrats overtaking the house next week (and less likely, the senate), which the market might view favorably if you consider how these tariffs are associated with trump and/or the republicans. if so, the dow stands to gain more based on the idea that the dow sold off much harder earlier in the year on trade war fears.

i've loaded on casino stocks (wynn, RRR), chinese stocks (tencent, alibaba, TAL) , and dow components in the last couple of weeks in anticipation of this.
Click to expand...

Some of us have to work.

As you now know, you better say what your plans are going forward or you'll be called out.

Just my opinion but Democrats gaining power in both the house and Senate will be bad for the market over the long haul. Pumping more money into the system which is all the Democrats ever do is irresponsible especially where we're at right now.

If the tariffs go away and we end up where we started, what exactly will that do?
 
Hope it drops more for the next 30 days so I can exchange back to vtiax and vtsax. I just TLH and claimed $15k loss today (5 yrs worth of 3k ordinary income tax deduction, o yea!).
 
wagrxm2000 said:
Some of us have to work.

As you now know, you better say what your plans are going forward or you'll be called out.

Just my opinion but Democrats gaining power in both the house and Senate will be bad for the market over the long haul. Pumping more money into the system which is all the Democrats ever do is irresponsible especially where we're at right now.

If the tariffs go away and we end up where we started, what exactly will that do?
Click to expand...

historically, the stock market has performed better under democratic leadership than during republican presidencies. you might want to research this and double check

if tariffs go away and we end up where we started, it will be a completely fed-driven stock market from there. if tariffs go away, that gives the market an excuse to go higher even in the face of an aggressive fed. i see one more 5-10% rally from the indices before the markets turn bearish. this is based on the assumption that the fed won't let up. come back in a few months and we'll see where these predictions end up
 
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74777 said:
historically, the stock market has performed better under democratic leadership than during republican presidencies. you might want to research this and double check

if tariffs go away and we end up where we started, it will be a completely fed-driven stock market from there. if tariffs go away, that gives the market an excuse to go higher even in the face of an aggressive fed. i see one more 5-10% rally from the indices before the markets turn bearish. this is based on the assumption that the fed won't let up. come back in a few months and we'll see where these predictions end up
Click to expand...

You can't artificially keep this market up forever.

Like I said, all the Dems do is pump money in. Can you actually explain how the Dems fix the market? You can't do QE and drop rates to zero when we are still practically there. What about inflation?

Trump is trying to fix some of our problems, the issue though is we are in too deep to not have government involved.

We are simply going to go through this cycle again any time now.

The one thing you need to ask answer is what happens when we get hyperinflation? How will we fix it?
 
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