No.18455
>>18453Played a little with Nvidia calls and of course timed the top perfectly with them.
Sold for -50% and immediately got an automatic tax return for collected dividends this year, so whatever.
Short time gains are either insignificant when played safely or just pure casino with a big chance to loose it all, if you actually want to make life changing money.
Double the bullshit with those kind of "option warrants" available easily in Europe, such tools are banned in the US for a reason.
But it's a lesson I need to learn year after year again.
Regular investment is going great though.
At this pace it is more the lifespan of my cats limiting my exit into freedom to work solely for myself wherever I want.
Not gonna lie, the rabid inflation in Austria helped a lot, as wages kept up nicely while I spend very little money in Austria.
The "Austro-Euro" got stronger against the world, as dumb as it sounds and as unsustainable it is economically.
No.18456
I will not increase my position in the MSCI world any further. Call me out on trying to market time, but there are too many very high valuations at the top of that index. PEs of 61.13 for TSLA, 67.9 for AVGO, 68.99 for NVDA? Great companies, but do we actually assume most of them will be able to at least quadruple their earnings in the foreseeable future? This sounds like bullshit, and I am not buying it.
> B-but PE ratios are highest during a market crash when earnings are lowest
Fair enough. During a crash, we can assume that it's temporary. Cyclical crises ends, earnings will recover. But this is different. It's a bet on a massive ai boom. Will this happen? Maybe. Has TSLA, for example, made good on their promises so far? In 2016, 8 years ago, Elon Musk declared fully autonomous operation to be available in 2017. It is 2024 now. Such a feature is not available.
Of course, people continued believing for the past seven years. But I will not bet on market irrationality lasting for as long as I plan to remain alive.
No.18457
>>18456To stop completely sounds dumb, yeah.
Just put half of your savings rate into some short term cash savings and continue to buy ETF with the rest.
As for valuations, I'd say partially they'll grow into them and the rest just slowly rebalances into other sectors, but I don't see anything like the dotcom bubble, as the most prolific AI companies do have nice & growing streams of income.
Interest rates should/will fall as well over the next 1-2 years.
I see downside, but slighty more upside as well.
Just like that, I'm putting about 1/3 of my savings towards cash and increased mortgage repayment, while the rest still flows into ETFs.
No.18458
>>18457> Just put half of your savings rate into some short term cash savings and continue to buy ETF with the rest. > short term savings accountThat sounds stupid.
> Interest rates should/will fall as well over the next 1-2 yearsThat is uncertain. Inflationary pressure is dependent on political developments that influence government spending on defense/renewable energy, availability and pricing of Russian fossil fuels on the world market. Expecting a low-interest-scenario, the logical choice would be bonds and dividend stock.
No.18460 KONTRA
>>18456> It's a bet on a massive ai boom. Will this happen?no.
The AI bubble is currently in the process of killing itself:
we have used all.jpg the data we could use to train AI. It is badly labeled/categorized data. We are now reaching a point where a lot of the data available is actually already AI generated. this degrades the result (typical incest problem).
that is why everyone is desperately trying to get more and more somewhat useful data from every possible angle (smart tv, fridge, bank account ... to name a few).
don't get me wrong. the technique (was around ~1950 when it was invented) is going to further improve, but most of those investing/trying to get a slice of the pie will fail. Short term investment into nvidia to profit off of the dumbfucks getting baited by the AI-propaganda seems fine, though.
it should be obvious, that our current investment schemes/stock market are impossible to work in a functioning society. luckily, we don't live in one of those.t. investment-pro neet
No.18462
>>18458>That sounds stupid.So where, when not ETF nor savings account, do you put your cash?
Money market funds? Single stock picking?
Interest rates will go down, just as the EU already started, now that the desired economic pain is slowly settling in.
Surely the US will keep a little more "meat" for bad times on theirs, but even JPow already made some hints that inflation rates of a little over 2% seem fine to him as well.
2026 projection sees them at around 3-3.5% for the Fed.
For russian crude, I suspect they continue to mysteriously export more than they enjoy themselves.
Also won't influence any US decisions, as they are oil exporters as well.
No.18466
>>18456I stopped MSCI World a few weeks ago as well.
I split my money up into "defense" and healthcare ETFs, that seems to be kind of a safe bet.
An other ETF i put money in is the World Water Index.
I want to go for cars as well, the German car industry seems to be extremely undervalued.
I guess the future German government could do a lot for this industrie. I have a tiny bit of money on Volkswagen, Porsche and BMW now. Also Ford.
I might or might not increase the amount of stock owned over time.
A big junk of my money remains on real estate companies (which is going very well) and 3M which i managed to buy when it was at the lowest a bit over a year ago.
No.18467
>>18462>So where, when not ETF nor savings account, do you put your cash?P2P loan platforms. Mostly, I plan to go into agricultural loans, but that will only last me a few months until the amount of exposure will become unpleasant.
Maybe some stock picking. Last time I did it, I got lucky with Murata and Spartan & Nash. I might try to screen for mobile providers in underdeveloped markets. Maybe gold producers, since producer valuation has not kept pace with gold prices, but with gold producers, it is the boom-bust-cycle that makes things very risky.
> Interest rates will go down, just as the EU already started, now that the desired economic pain is slowly settling in. Consumer inflation rates have merely plateaued. 3% is not "a little over two percent", it is 1.5 times 2%.
Stocks (even apart from ai-meme-stocks) are still high. To me, this indicates an ample money-supply. Cutting interest rates will easily have greater effect than desired.
>>18460> noAt least not to the extent that is priced in.
> that is why everyone is desperately trying to get more and more somewhat useful data from every possible angleOther than that, they throw more computing power at it and built bigger models. Since the models already have a tendency to quote some of the input verbatim, I doubt that this will increase performance much.
We could go "Moore's law will fix it", but that would at best make things cheaper (meaning more competition, less likely nvidia-monopoly on ai-hardware), not better.
No.19412
> I went to college and graduated with a bachelor's degree in women's studies in 2007. My family paid for college, so I graduated debt-free.
>I became a lactation educator and then a lactation consultant. > The pay was not great, but my family helped me financially by paying my rent.
>I inherited $75,000 from my grandma's will and $175,000 from her life-insurance policy. My sister and my two cousins all received the same amount of money.
> I received the $175,000 as a lump sum and the $75,000 in multiple payments over the following months.
> I hired a financial advisor who offered a yearlong program in which we would meet twice a month to develop a plan for the money I received.
> I ghosted her because of my limiting beliefs about money and spent my inheritance pretty quickly.
> I spent a good portion of my inheritance on Airbnbs, hotels, gas, and food. Some other items I purchased with my money were expensive health equipment for $5,000, a $2,000 silver diamond ring that I still own, and two fancy dinners in Santa Fe.
> The financial advisor helped me heal a lot of my money trauma and my money blocks — I've done a lot of healing work. I have also improved my financial literacy.
> I rent an apartment in San Antonio, and I'm still building up my salary. I haven't started investing or saving, but when I have the extra money, I want to invest in real-estate investment trusts.
> I'm passionate about my leadership work in the corporate world. I'm in a better place, and if I were to receive a large chunk of money again, I would have the capacity to hold it and use it wisely.Shortened from
https://www.businessinsider.com/received-250000-inheritance-regret-how-spent-it-2024-8She went threw a quarter of a million in a few months, not because she's an idiot and a 40 y.o. woman child, but because she has money-trauma and needed healing. Of course.
How a on earth do you need 24 hour-long meetings with a financial advisor to privately invest a quarter of a million? It doesn't even make sense to go into private equity with that little money. You can put it into a few ETFs. Not more than you have fingers on one hand. In her case, because she lacks income, those would have been some cheap government bond etf or other, one or two dividend stock ETFs, all distributing, 2-3 reits at most, your welcome. How on earth is this advice worth $5,000 and how does it take a year of bi-monthly sessions to explain this to someone?
No.19413 KONTRA
>>19412The trauma thingy is just a way to explain why she is/was financially illiterate. Basically she dont know how to handle money and there you have an explanation that is different to why is everybody idiot but me smart.
Anyway, the clickbait works just fine and people like you really blow up like a ballon, lol.
No.19417
>>19413> The trauma thingy is just a way to explain why she is/was financially illiterate. That is not what trauma means, you dumb asshole
> Anyway, the clickbait works just fine and people like you really blow up like a ballon, lolSo you smart and I'm everyone else an idiot?
No.19418
>>19413Someone should break her legs so that she knows what "trauma" actually means.
No.19422 KONTRA
>>19412That's not finances, that's gossip.
No.19423 KONTRA
>>19419> She has trauma, this is why she can't cross-multiply and needs a financial advisorGet a dictionary. And maybe figure out the difference between a financial advisor and a psychotherapist.
No.19426 KONTRA
>>19423>does not understand what a discourse is and tells people to look in a dictionary on top of itYour level of autism disqualifies you from understanding neurotypical life. No problem, pal. But being that angry about it should not be taken out on me.
I understand perfectly why makes sense she uses the trauma concept and it even springs from the text how it is used and how that fits into the recent use of trauma (that is the discourse aspect - the shifting of meaning among other things). Unlike you I simply don't care if that is useful or not, I deem other things more important and worth a thought, in case you want to accuse me of defending this clickbait as you like to do.
You are that kind of linguistic hobbyist who would be active in Verein zur Rettung deutscher Sprache because the youth now uses English words instead of Germans!
No.19427
>bickering
The real issue is where this trauma could come from. From personal experience, people that suffered extreme poverty become exceptionally frugal while those who lived through financial instability tend to spend their money more rapidly. Both two forms of "trauma", I suppose. In the particular case of this lady, it seems that the real trauma was her family conspiring to ensure she lived a happy life without any real issues or worries.
No.19428
>>19426> palI am certainly not your pal. In what whorehouse do they breed your kind, you fucking bastard?
> I understand perfectly why makes sense she uses the trauma concept It doesn't make any sense at all, since she has no (0) traumatizing experiences. The only trauma she has is being a 40 year old baby instead of being a grown-up.
> Unlike you I simply don't care if that is useful or not, I deem other things more important and worth a thought,Oh yes, you are so above it all and so much better than everyone else, right?
>in case you want to accuse me of defending this clickbait as you like to doIf you do not defend it, why do you write essays about why I am wrong? Worth a thought, maybe, PAL.
No.19429
>>19426Stop simping for stupid rich people.
No.19434
>>19428How dumb are you? I never said it was "real" trauma, all I said is that this is very well aligned with how the trauma discourse has spread out. That is how it is explained and in that sense makes sense. Do I think that is good reasoning? Probably not. Do I care about this story? No. Do I despite idiots that get angry at clickbaity nu-modern bs? Yes.
My fucking god, who is the 40 year old child here? You or the financially incompetent lady?
trick question - the answer is: both No.19514
>>19434>do I despite?What is it you supposedly 'despite' and when has 'to despite' become a verb?
>look at how much I don't careFucking mongoloid retard.
No.19515 KONTRA
>>19434>this is very well aligned with how the trauma discourse has spread outMass use of therapy and its consequences.
No.19804
A new stadium is being constructed for the
Buffalo Bills and for a limited time fans can get in on the action. By
action, I mean the exciting world of Municipal bond auctions.
Buffalo Bills fans can buy bonds to finance the team’s new stadiumhttps://www.cnbc.com/2024/09/20/buffalo-bills-fans-can-buy-bonds-to-finance-the-teams-new-stadium.htmlhttps://www.buybillsbonds.com/ No.20012
>>20010Congratulations, you bet on a good report, you have been rewarded. You can now invest with more certainty at a ~15% higher price.
Compared to industry peers, valuation still seems to be good, however, the track record is more than shaky.
No.20028 KONTRA
>>20027Not him, but maybe because they made money in 2023?
No.20031
>>20027They had a few bad months. People won't stop buying a new Far Cry or Assassin's Creed game every year and they keep spending on micro transactions. The gaming market hasn't changed. So I assume that Ubisoft is doing good at some point in the future. Or they get bought out.
I bought Take-Two for the same reason when it went down a bit. As soon as the next GTA hits they're writing record numbers again.
No.20032
>>20031lol then by embracer, you homo.
It is impossible to make any money in the stock market, all the isntitutional investors have way more information than you, and everything you know has long been priced in.
for pathetic retail investors like you, you are just gambling in a casino, and the bank will take all your money. but go on, bet your money on red or black or a number and lose it all, you fagot.
you are a maximum bluepilled cuck fucking homo idiot. you are so dumb, you believe every lie they tell you.
>work>invest in the stock market>buy >consume>you will have it goodand you are dumb&naive to fall for it. once you find out how stupid you are (when you are old&poor and realize you are loser cause you haven't fucked any significant number of women) you will die from shame because you realize how pathetic you are.
what a a bluepilled cuck.
(USER WAS BANNED FOR THIS POST) No.20033
>>20032Just a hint: If you write like a 14 year old incel, people don't read your posts. I stopped after the first sentence and I guess I did not miss anything worthwhile.
No.20067 KONTRA
>>20033>still replying to himYou're should be banned along with him.
No.20134
>>20031> They had a few bad months.Why did it happen, in your opinion?
No.20727
Now with the Don bringing some market volatility back, I put some funny money into Marathon and Rocket Lab.
Obviously, I timed MARA perfectly the day before they did their 700m share offer, which brought me down 15% in an instant, but they already recovered strongly with the continued gains of the BTC, of which they now hold 700m Dollar worth more. Same infinite money glitch as MSTR tries to play PENIS :3
It's more of a short term specualative position to take some gains from crypto.
RKLB on the other hand was being eye fucked by me for a year or 2 now, seeing them walk the corridor between 5 and 10 Dollars.
I see big long term potential here, with Space X obviously being the biggest player, yet sadly not openly traded due to no lack of willing venture capital.
But as government institutions and wise companies won't be putting all their seeds into one basket or rather all their sats into one rocket, there should be mighty fine business for other private space transportation companies.
Space is the market of the future and technological moats are immense.
We (I) intend to hold this long term and should it dip back down to ye olde price, buy some more.
No.20744
>>20727>MSTREvery day I would think
It can't just keep going up and didn't buy in. Every day I was wrong.
>seeing them walk the corridor between 5 and 10 DollarsRKLB had virtually no price movement for the longest time, and as soon as I turned away it jumped. There is still money to be made, but I can't help but feel I missed the boat. I'll revisit this post when the stock hits $40 and kick myself again.
No.20747
>>20744Saylor manages to scam the market with his obscure company for nearly 3 decades now, quite a feat in itself to be fair.
Settled his scam allegations for a lousy 10 millions back in 2000 and still manages to rake in a 3 billion share offer now, it's crazy.
Hardly anybody within the cryptosphere even knows what their actual product is, aside from being a BTC fund.
It's some shitty accounting software similar to ze German SAP IIRC.Also Citron a shit, same scammer, different side of the medal.
And yes, it also boggles me that I could have bought RKLB for 5 bucks when it was just some research, intuition and willingness to take risk.
This position would already be free after selling the initial investment.
PLTR did the same run recently with the news about them being added to the SP500 or N100 after being mostly flat since the initial hype.
I really hope Trump pushes his US Space Force agenda again, the private space sector is going to secure energy and resources of the future.
Also geopolitically, as I for one, would welcome a US world government. No.20799 KONTRA
Additional info: one more lift in 2024 and RKLB will be without failure all year long!
No.20818
>>20799RKLB was pumping again this morning. It goes against my nervous nature to buy and hold, but I couldn't resist jumping in and out for some quick profit. Not much, but free money is free money.
No.20819
>>20818Nice scalping!
Sadly there isn't a good broker here without trading fees that also does the taxes for me, so I'm more of an mid- to long term investor.
But the more I read about the CEO of RKLB, the more I want to be a really long time hodler.
Self-taught blue collar worker that basically put rockets on everything as a hobby during his life, culminating in buying a cruise missile engine from the US.
That man has set himself a mission and goes for it, something I can dearly
shika..noko.. NOKONOKO! understand.
No.20844 KONTRA
Out of MARA and into Kodak, made some nice Euros on my playmoney pile.
Holding on to RKLB.
No.20861
>>20819On my taxes, I'll have to fill out a form (Schedule D) reporting the proceeds from each stock sale. My broker also reports that info to the IRS. I then subtract the average price paid for that stock and pay taxes on any gains. It's not a complicated process, but it is tedious. For that reason, I keep a running spreadsheet with the information I'll need so that I won't have to reconstruct everything next year from broker statements. I'll also owe taxes on my money market account, as they pay monthly dividends. That is a single line entry IIRC. Just the total. My Treasury Bills will be a little trickier, as I will owe Federal taxes on the interest, but not State taxes.
Anyway, it probably helps that I have a background in accounting. My mother was also an accountant. Not a CPA, but she used to do taxes for friends and family. The government forms start off as unintelligible gibberish, but when you read enough of them it starts to make sense.
>>20844>KodakWow, it's been moving. How did this pop onto your radar? Despite the fact their corporate headquarters is only 90 miles away, they are so low key I forgot they even existed.
No.20863
>>20861>KodakScouring the net for DD and then judging if it's bullshit or actually something of substance.
In this case it's from r/valueinvesting.
They're opening a pharmaceutical precurser plant in Rochester, NY in a few weeks.
Remember their squeeze from 2 to 70$ back when Trump did daily covid pressers and randomly namedropped stock tickers with wild claims? I watched that one live back then, as I couldn't stand those pressers in Austria with our personal fools.
Turns out they never got the grants for that, but built that plant anyway.
And recently they liquidated some pension funds that heavily outperformed expectations, giving them a windfall of about a billion Dollars while still paying existing annuities.
AFAIK for now they intend to pay down half their debt and will still be sitting on a nice pillow of money.
But given the strength of BTC yesterday, I kinda feel sad to have already dropped MARA for a seemingly more risky play. Then again I have no idea or intuition about future BTC price development, for that I'm glad to be out again. Yet now I'm without hedge for crazy upwards price movement of cryptos for now, it's all very schizophrenic.
No.20865 KONTRA
>>20861Oh and could you please drive over there and tell Jim Continenza
ha.. hahaha to not fuck that one up?
Tell him there's hundreds of Dollars on the line for me!
And that he should invite Trump for the grand opening.