The Rokslide Stock Traders Thread

[MountainTracker]

The whole court thing is the catalyst as you know. For the sake of crypto I hope they win. If they do I think all crypto will go crazy and then come back down, hard to say though.


Sent from my iPhone using Tapatalk

I’ve been driving all day so…..

Breaking: Judge rules XRP is not a security in SEC's case against Ripple

The SEC's case against Ripple has resulted in summary judgement in favor of Ripple Labs stating that XRP is not a security.

cointelegraph.com

Sent from my iPhone using Tapatalk

 

[downthepipe]

I guess all those people who took their money out in early 2023 because of the immediate recession missed out on 7-15% gains in most standard asset allocations. And from the last few posts people they may finally move back in?

 

[Kilboars]

I figure at 28 years old I have a long enough time horizon that even a mistake has a decent chance of working out long term. The chance of things breaking out big is probably worth taking

Only way to make money in the market is to be in the market.

Yes you’re young but mistakes could be very costly long term so buy real companies not future companies.


Sent from my iPhone using Tapatalk

 

[Kilboars]

I hope you’re all making some gains.

Crazy times but the only thing certain is change.


Sent from my iPhone using Tapatalk

 

[aftriathlete]

Strange times for sure. Same story for me as a couple weeks ago. Almost completely in SWVXX which is yielding 4.6% after expenses (Vanguard has a better MM fund, but you have to have a Vanguard account.) Oil stocks are still up but trading kinda sideways or slightly down this last week. Precious metals miners still doing jack and s***. NASDAQ continues to climb to the moon, so I sure mistimed that short the NASDAQ bet, but thankfully it was a small bet.

I try not to think about it too hard, but everything I thought would happen in the last 3 years, investing-wise, has pretty much gone 180 out. Proves to me that normal little guys like me, the average retail investor, are vulnerable little fish in a big ocean when the big market movers are in control and can turn the stock market up and down like they have it on a string. If I had a time machine I never would have waded into individual stocks at all, I would have just kept dumping money in VOO or VTSAX.

 

[2531usmc]

Strange times for sure. Same story for me as a couple weeks ago. Almost completely in SWVXX which is yielding 4.6% after expenses (Vanguard has a better MM fund, but you have to have a Vanguard account.) Oil stocks are still up but trading kinda sideways or slightly down this last week. Precious metals miners still doing jack and s***. NASDAQ continues to climb to the moon, so I sure mistimed that short the NASDAQ bet, but thankfully it was a small bet.

I try not to think about it too hard, but everything I thought would happen in the last 3 years, investing-wise, has pretty much gone 180 out. Proves to me that normal little guys like me, the average retail investor, are vulnerable little fish in a big ocean when the big market movers are in control and can turn the stock market up and down like they have it on a string. If I had a time machine I never would have waded into individual stocks at all, I would have just kept dumping money in VOO or VTSAX.

Lot to be said for monthly deposits in the S&P. In the long run, those guys probably beat everyone….

 

[mxgust]

Question for those with more experience, the sp 500 index is pretty heavily weighted at the top. For a long term strategy is it reasonable to put the majority into the index and the other 20-30% into the top 20-25 companies? Seems you’d have the reliability but not completely miss the giant gainers (like NVDA this year)

 

[DyingBreed]

Well what are the chances PR hits $12.00 this week? Its hard to pass on the profits of the closing price today...

 

[aftriathlete]

Chevron upgraded to Buy at Goldman Sachs as free cash flow inflection nears — Seeking Alpha

Chevron (NYSE:CVX) +1.6% pre-market Monday as Goldman Sachs upgraded the stock to Buy from Neutral with a $187 price target, citing relative valuation and anticipating a clear inflection in cash flow starting in 2024.

stocks.apple.com

Permian Resources Roars Ahead (NYSE:PR)

The short Permian Resources Corporation public record is encouraging. PR management has been growing by acquisitions. Read more to see my take on PR stock.

seekingalpha.com

 

[bozeman]

Bask Bank- 5% on savings.....

 

[NDGuy]

Stonks only go up, market is off it's rocker

 

[Fowl Play]

Question for those with more experience, the sp 500 index is pretty heavily weighted at the top. For a long term strategy is it reasonable to put the majority into the index and the other 20-30% into the top 20-25 companies? Seems you’d have the reliability but not completely miss the giant gainers (like NVDA this year)

True diversification it what gives you better "reliability" over very long terms (20-30+ years). Everyone's strategies are different, but I would consider all the top S&P 500 companies good quality companies. If you choose to invest in them more heavily, just make sure YOU know why you are doing that. Why specifically you think they will grow? Do you have familiarity with the industry? Etc. I do not day trade, I am more of a buy and hold. Others will give you different advice.

For me personally, my attempt to "cherry pick" good companies did worse than if I had just put everything into the S&P. I had some true winners, NVDA being one of my largest. But the losers still brought it down.

 

[Johnny Tyndall]

Question for those with more experience, the sp 500 index is pretty heavily weighted at the top. For a long term strategy is it reasonable to put the majority into the index and the other 20-30% into the top 20-25 companies? Seems you’d have the reliability but not completely miss the giant gainers (like NVDA this year)

This is a little backwards for a couple reasons. First, the index is weighted by market cap, so if you just buy the index you are definitionally heavy in the largest firms. Second, the giant gainers generally do not start among the top firms (if Apple were to 10x that would almost double the total market cap of the entire S&P 500). By buying the whole index you have a little piece of everyone, so if something blows up you already have some. Third, the top firms generally don't stay there (I don't have a link, but a source shouldn't be hard to find).

Plenty of research to show that for most people just regularly buying the index and otherwise ignoring it is the way to go. That's against the spirit of the thread, and certainly people have gotten wealthy by ignoring it, but as a starting point it's a great option. Play around with a small portion if you want to try stock picking, see how it goes.

 

[mxgust]

Makes sense, thank you both!

 

[z987k]

Question for those with more experience, the sp 500 index is pretty heavily weighted at the top. For a long term strategy is it reasonable to put the majority into the index and the other 20-30% into the top 20-25 companies? Seems you’d have the reliability but not completely miss the giant gainers (like NVDA this year)

There are multiple types of index funds. Some are weighted by market cap, but it sounds like what you might be more interested is an equally weighted fund. Here's a list of some.

S&P Equal Weight Index - ETF Tracker

See all ETFs tracking the S&P Equal Weight Index, including the cheapest and the most popular among them. Compare their price, performance, expenses, and more.

etfdb.com

 

[mxgust]

There are multiple types of index funds. Some are weighted by market cap, but it sounds like what you might be more interested is an equally weighted fund. Here's a list of some.

S&P Equal Weight Index - ETF Tracker

See all ETFs tracking the S&P Equal Weight Index, including the cheapest and the most popular among them. Compare their price, performance, expenses, and more.

etfdb.com

Thanks, I have looked into those, I’ll take a look through the list. This gives me a lot to think about. The majority of my money in my non-retirement account is in VOO and VTI. My retirement I have with a broker. I was just trying to think through it. I have some individual stocks that have done very well and I think that made me wonder how much I should allocate in different areas. But I think I’m getting a distorted picture about some things, partially because of my time doing has been the last 3-4 years and partially because my individual stocks have been apple, Tesla, nvidia, Amazon etc and they have been on an unusually good and probably artificial run since Covid. I’ve held some NVDA (pure dumb luck) since 2019 which I think gives me the wrong idea about how things usually go. I’m pretty risk averse but I’m young, so I think the ETF set and forget route is probably the best path for me. I just am trying to make sure that’s something that actually makes sense and is not just something I’ve convinced myself of in a bubble

 

[z987k]

Thanks, I have looked into those, I’ll take a look through the list. This gives me a lot to think about. The majority of my money in my non-retirement account is in VOO and VTI. My retirement I have with a broker. I was just trying to think through it. I have some individual stocks that have done very well and I think that made me wonder how much I should allocate in different areas. But I think I’m getting a distorted picture about some things, partially because of my time doing has been the last 3-4 years and partially because my individual stocks have been apple, Tesla, nvidia, Amazon etc and they have been on an unusually good and probably artificial run since Covid. I’ve held some NVDA (pure dumb luck) since 2019 which I think gives me the wrong idea about how things usually go. I’m pretty risk averse but I’m young, so I think the ETF set and forget route is probably the best path for me. I just am trying to make sure that’s something that actually makes sense and is not just something I’ve convinced myself of in a bubble

Buffett's Bet with the Hedge Funds: And the Winner Is …

In 2008, Warren Buffett placed a million-dollar bet that an S&P 500 index fund would beat the funds of funds hedge fund managers would select.

www.investopedia.com

 

[Historybuff]

Buy Bitcoin

 

[todd238]

Just wondering who's taking advantage of this little dip in the market to buy some stocks on sale?

I like cruise lines. Carnivals always a good company and the Oil companies are getting hit.

It’s all about dollar cost averaging over the long run things will work out.
NVDA TSLA VOO QQQ

 

[aftriathlete]

Schwab MM fund is at 5.16% now, 4.82% after expenses. Vanguard's is even better (less expenses). Something for everyone to think about considering this is as close to risk-free yield as can be had.