The Rokslide Stock Traders Thread

LFC911 said:
Yep between her regular and roth IRA, so more like 25-30 in each fund. He did have some winners but a lot were dogs. We tried him for a year and 1% and he was making 5% in the market when i was making 12% in my 401k at work. Lesson learned.
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This should be a lesson and a wake up call for everyone in this thread. Do not trust that your advisor is doing a good job for you. Always stay educated and check in on their work. Lots of advisors set it and forget it.

10 years ago, I was looking for a new financial guy. I interviewed 3 diffetent guys, but 1 of them gave me really bad vibes. I asked him if I was able to view his retirement accounts to see if he was actually living the way he was preaching to me. He refused. Made me think he was all fluff and degrees vs. actually interested in bettering my portfolio. Finding a good and reliable advisor has eluded me to this day.
 
Kimber7man said:
That's like malpractice. 50-60 individual stocks??? wow
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LFC911 said:
We just fired a CFP and took my wife's portfolio back over from him and put all the funds back in Fidelity. He had like 50-60 individual stocks in her traditional and Roth IRA and only a couple of mutual funds. I'm harvesting some gains and stopping some losses on some of the dogs. The goal is to put most of it back into low cost mutual funds and setting aside some cash if/when the bubble pops.
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Weird..that sounds like maybe it was a SMA?, separately managed account
 
HuntHarder said:
This should be a lesson and a wake up call for everyone in this thread. Do not trust that your advisor is doing a good job for you. Always stay educated and check in on their work. Lots of advisors set it and forget it.

10 years ago, I was looking for a new financial guy. I interviewed 3 diffetent guys, but 1 of them gave me really bad vibes. I asked him if I was able to view his retirement accounts to see if he was actually living the way he was preaching to me. He refused. Made me think he was all fluff and degrees vs. actually interested in bettering my portfolio. Finding a good and reliable advisor has eluded me to this day.
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Outside of my 401k, I don't use any financial management, but I would assume that any broker associated with a major institution such as Edward Jones, Charles Schwab, Fidelity etc are doing algorithm trading exclusively with no personal opinions or interjections made by your local broker. Right? My understanding is that's how it works these days; you take a test to determine your risk level and the institutional algorithm takes it from there. Your local broker's job is that of a salesman/account manager. His job is to bring in and retain business, but he's not actually in there buying and selling stocks on your behalf. Am I wrong on this?
 
Idaboy said:
Weird..that sounds like maybe it was a SMA?, separately managed account
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Not sure what it was called. We signed a contract to let him manage the funds. He took the money out of Fidelity and put it into a brokerage account that he could access. We could see the funds in his company's portal and also see the "retirement plan" we discussed.
 
LFC911 said:
Not sure what it was called. We signed a contract to let him manage the funds. He took the money out of Fidelity and put it into a brokerage account that he could access. We could see the funds in his company's portal and also see the "retirement plan" we discussed.
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Huh....Well good you have moved on
 
Poser said:
Outside of my 401k, I don't use any financial management, but I would assume that any broker associated with a major institution such as Edward Jones, Charles Schwab, Fidelity etc are doing algorithm trading exclusively with no personal opinions or interjections made by your local broker. Right? My understanding is that's how it works these days; you take a test to determine your risk level and the institutional algorithm takes it from there. Your local broker's job is that of a salesman/account manager. His job is to bring in and retain business, but he's not actually in there buying and selling stocks on your behalf. Am I wrong on this?
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Major institutions I would imagine, are that way. I would NEVER let a large institution manage my money. I sought out smaller companies that seemed more personal and wouldn't 100% rely on Algorythyms only.
 
HuntHarder said:
This should be a lesson and a wake up call for everyone in this thread. Do not trust that your advisor is doing a good job for you. Always stay educated and check in on their work. Lots of advisors set it and forget it.

10 years ago, I was looking for a new financial guy. I interviewed 3 diffetent guys, but 1 of them gave me really bad vibes. I asked him if I was able to view his retirement accounts to see if he was actually living the way he was preaching to me. He refused. Made me think he was all fluff and degrees vs. actually interested in bettering my portfolio. Finding a good and reliable advisor has eluded me to this day.
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I watched my mom go through this with different advisors,knew my mom loved God and family and they would take advantage of that,buying and selling,making their commision ,i put an end to that.i asked another,what will happen when the i terest fates go up.? She actually said i dont have a crystal ball.
Well we all know what happened?
I took all the cash and cycled T bills for her at 5%,we all slept better
 
I do things a little differently than you guys putting your trust in Bitcoin.....though you have probably outperformed my stuff.

I research the industries and companies where I put my money. It's not that hard with the info available from Morningstar and such provided by Schwab and others. Then there are other sources....and I'm not talking the hack Jim Cramer.

My biggest holding is Taiwan Semi. It didn't start that way but has grown into it, so I periodically check their conf calls and industry analysis. I'm not selling...and if it wasn't my largest holding, I would be DCA'ing into it. Heres an example of info on not just the semi industry and TSMC but also what the future holds. As a side note, I'm happy that we have an administration that is promoting these businesses in the US.

Edit; I've owned TSM for a long time but off and on. I sold it during the beginning of the Biden admin as I thought there was some risk of China invading Taiwan- gotta consider risk in these investments. I bought it back right before the election. FWIW, now I think that invasion risk is low- plus TSMC is producing chips in AZ which helps reduce that risk.
 
Beendare said:
I do things a little differently than you guys putting your trust in Bitcoin.....though you have probably outperformed my stuff.

I research the industries and companies where I put my money. It's not that hard with the info available from Morningstar and such provided by Schwab and others. Then there are other sources....and I'm not talking the hack Jim Cramer.

My biggest holding is Taiwan Semi. It didn't start that way but has grown into it, so I periodically check their conf calls and industry analysis. I'm not selling...and if it wasn't my largest holding, I would be DCA'ing into it. Heres an example of info on not just the semi industry and TSMC but also what the future holds. As a side note, I'm happy that we have an administration that is promoting these businesses in the US.

Edit; I've owned TSM for a long time but off and on. I sold it during the beginning of the Biden admin as I thought there was some risk of China invading Taiwan- gotta consider risk in these investments. I bought it back right before the election. FWIW, now I think that invasion risk is low- plus TSMC is producing chips in AZ which helps reduce that risk.
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Are they looking to build data centers in the US? I just glanced at their chart, seem to be holding up better than most right now.


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I know it isn't sexy as AI but COST, HD and LOW are around 1 year lows. I have about $8k of each of the first two and don't see them going away anytime soon. All seem like strong companies to me. I would think that most folks are going to keep remodeling/maintaining their current homes vs buying new. What are your thoughts? Think i should buy more, add LOW and/or just hold onto what I have?!?
 
LFC911 said:
I know it isn't sexy as AI but COST, HD and LOW are around 1 year lows. I have about $8k of each of the first two and don't see them going away anytime soon. All seem like strong companies to me. I would think that most folks are going to keep remodeling/maintaining their current homes vs buying new. What are your thoughts? Think i should buy more, add LOW and/or just hold onto what I have?!?
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Good picks that have good moats surrounding them. One day COST I feel will split the stock and get to loving again


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MountainTracker said:
Are they looking to build data centers in the US? I just glanced at their chart, seem to be holding up better than most right now.
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I see you didn't watch the vid.....grin. I get it, it's kind of geeky.

TSMC makes the chips and they are #1 in the world with no other company even close. They make (appx) 90% of the high end/ high demand chips inc all of the chips for NVDA. NVDA doesn't make anything, they are a design company which means they don't have the high infrastructure cost of TSMC....but they are also totally reliant on TSMC.
TSMC doesn't compete with the companies they supply the chips to.

_____

One investment theme I think is worth exploring is energy. It's estimated we will need ( I don't have the stat in front of me) something staggering like 50% more energy just 5 years from now. The Current admin has streamlined the process for Small Nuclear reactors that has been bogged down in red tape during the last 5 years. This will be a huge boom for SMR's....but who will be the winner? The outfit making the TRISO fuels balls is a winner- though not public yet.

I think nat gas electricity generation will be a factor too....but I haven't identified any clear winners at reasonable valuation.....I'm talking to you GEV.

If you see anything in that space, give me a shout.
 
Beendare said:
I see you didn't watch the vid.....grin. I get it, it's kind of geeky.

TSMC makes the chips and they are #1 in the world with no other company even close. They make (appx) 90% of the high end/ high demand chips inc all of the chips for NVDA. NVDA doesn't make anything, they are a design company which means they don't have the high infrastructure cost of TSMC....but they are also totally reliant on TSMC.
TSMC doesn't compete with the companies they supply the chips to.

_____

One investment theme I think is worth exploring is energy. It's estimated we will need ( I don't have the stat in front of me) something staggering like 50% more energy just 5 years from now. The Current admin has streamlined the process for Small Nuclear reactors that has been bogged down in red tape during the last 5 years. This will be a huge boom for SMR's....but who will be the winner? The outfit making the TRISO fuels balls is a winner- though not public yet.

I think nat gas electricity generation will be a factor too....but I haven't identified any clear winners at reasonable valuation.....I'm talking to you GEV.

If you see anything in that space, give me a shout.
Click to expand...
I bought EGY when it started dipping to around $4 a share, its still sub $4 but it pays a 6% dividend, has a low P/E and a good rating from Schwab. I bought it in my Roth so the dividend was attractive for cash flow if I hold it until retirement (thats gonna be a while). Could be an energy stock that you find interesting.
 
Beendare said:
I see you didn't watch the vid.....grin. I get it, it's kind of geeky.

TSMC makes the chips and they are #1 in the world with no other company even close. They make (appx) 90% of the high end/ high demand chips inc all of the chips for NVDA. NVDA doesn't make anything, they are a design company which means they don't have the high infrastructure cost of TSMC....but they are also totally reliant on TSMC.
TSMC doesn't compete with the companies they supply the chips to.

_____

One investment theme I think is worth exploring is energy. It's estimated we will need ( I don't have the stat in front of me) something staggering like 50% more energy just 5 years from now. The Current admin has streamlined the process for Small Nuclear reactors that has been bogged down in red tape during the last 5 years. This will be a huge boom for SMR's....but who will be the winner? The outfit making the TRISO fuels balls is a winner- though not public yet.

I think nat gas electricity generation will be a factor too....but I haven't identified any clear winners at reasonable valuation.....I'm talking to you GEV.

If you see anything in that space, give me a shout.
Click to expand...

Eh yeah I didn’t even see the title to that video, sorry about that, I’m not super smart, but will check it out.

Thanks for the breakdown. I also agree energy production and storage is going to be vital for the US in the coming years with a lot of room to grow. With the pullbacks I’m looking for entry points in this sector.

If NVDA has less than stellar earnings today do you see it dragging down TSMC? I’m expecting the entire market to come down if this happens just how much idk, lots of fear out there right now.


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