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sol5ni | High P/S stocks historically underperform | Following up on [this](https://www.reddit.com/r/investing/comments/sbc2io/number_of_midlarge_caps_with_ps_over_30/) post, here are a list of stocks that had a Price/Sales ratio over 20, with market cap over $10b, along with how they performed over a 1 year, 10 year and 22 year time span.
https://docs.google.com/sprea... | 0.015543 | 0.004663 | investing | So you’re saying massively overvalued growth companies with questionable moat won’t outperform the market over the long term?
Colour me surprised (kidding).
Great analysis, well done.
I think a key aspect to look at is gross margin when dabbling in these high growth / high PS companies. Can they keep their pricin... | 0.010599 | 0.015263 |
glgoqn | What is the bullish case for Spotify (SPOT)? | First off, let me say that I love Spotify and have been using it for years. Everything about the platform is great in my opinion and I really want the company to succeed long-term.
HOWEVER
• Music streaming companies get crushed by royalties, for Spotify it’s roughly 75% of gross revenue. Pandora had the same issue,... | 0.015543 | 0.004663 | investing | Podcasts do play a role. It’s the fastest growing medium for digital advertisement in the US (CAGR of 35%+ per year) with almost $600M spent in 2019.
In China podcasting is almost a $7B dollar market, and 95% of that is subscriptions. The market could be pricing in growth expectations and a shift to this model in th... | 0.010599 | 0.015263 |
l597zz | 22, BAD CREDIT HISTORY, What are my options for a home loan in a few years/is it even possible..? | Hey!
When I was 18 I made some very very very dumb decisions that also had a huge financial impact on me still to this day.
Long story short, I moved out of home, got a credit card, maxed it out and took some payday loans out. I had a bunch of little loans which were all paid for but I ended up defaulting my NAB cre... | 0.019382 | 0.008308 | AusFinance | You'll be right. I made mistakes at 18, bought a place at 21.
Just keep consistent income without gaps. Don't open credit lines like a new credit card, Zip or APT, Don't do ATM withdrawals on Fridays (yes I'm serious). | 0.006955 | 0.015263 |
psy1ru | Good idea to buy in the Blue Mountains next year? | My partner and I are 25, on incomes around $90k, and likely to increase in coming years. We have around $180k saved, with $140k of that available for a housing deposit. For reference, we both currently rent in Chippendale.
We're looking at the upper Blue Mountains - small house on a 1/4 block under $650k. I want all t... | 0.019382 | 0.008308 | AusFinance | I grew up there. It's a beautiful, beautiful area with lovely people and I still miss it sometimes.
The only things I think you need to be informed about are:
1. There is a HUGE fire risk that's only going to get worse with climate change. We almost lost our house twice in 5 years and it scared us into moving. Some a... | 0.006955 | 0.015263 |
ao49fw | I am 32 and owe more in HECS than I have in Super. How can I fix things because I fear it is too late already. | (Got told I should post this here for better advice).
I made the mistake of checking my balances on MyGov and they put me into tears a few weeks ago. I have about $80k left in HECS and only about $19k in superannuation.
I got hit pretty hard by the recession, as did a lot of people my age. I spent a lot of my twent... | 0.019382 | 0.008308 | AusFinance | Honestly, HECS debt is the best debt you can have, as it is indexed with inflation, your payments will increase <=2% every year, which is amazingly low when you think about it.
Obviously it is a lot of money, but it’s something you’ll be able to start making a dent in once you start the new job. It’s normal to have... | 0.006955 | 0.015263 |
qu4hg8 | Elon Musk hates cash. He now has billions of dollars sitting in cash for the first time in his life. What do you suppose he's going to do with it? | Musk is selling 10% of his Tesla stake, valued at roughly $25 billion. A chunk of that will be used to pay off taxes as he executes options from his executive comp package. But that would still leave him with enough to become the world's biggest known hodler of Bitcoin—if he so chooses. | 2.108365 | 0.013796 | Bitcoin | Pump it into SpaceX.
Build a 2nd and 3rd Super Heavy Launch Tower.
Push hard into orbital refueling
Make more Starships at a faster pace.
Develope a mobile methane harvester.
Try and send something to mars in the 2022 launch window. | 0.001466 | 0.015262 |
8cyhw7 | Is there any reason this market can’t rally for the next 5 to 10 years? | I know that markets are cyclical in nature and many people think we are at the end of the current economic cycle. However, with interest rates still at historic lows, I would say we are somewhere in the middle of the cycle. Currently, there aren’t many good investment vehicles to choose from other than equities. Even r... | 0.159595 | 0.007587 | investing | I think we have 20 more years of a bull market with some corrections here and there. Why? Savings. Glut.
There is no where to put money other than stocks. America has restructured its financial system to funnel retirement savings into the market, more so than the Boomer's ever could have imagined. It is so fucking ea... | 0.007675 | 0.015262 |
wg19eg | Korean apes haven’t received their dividend. KSD said that DTCC directed them to do split $gme. | KSD is DTCC of Korea.
-> https://m.dcinside.com/mini/gmemeltdown/66367
Korean's gme stocks were spiltting. We cannot find our stock in dividend page.
-> https://m.dcinside.com/mini/gmemeltdown/66199
Other stock dividend are visible in the page.
-> https://m.dcinside.com/mini/gmemeltdown/66063
Some ape as... | 0.162958 | 0.014302 | Superstonk | Comment from u/Few_Television5260
Let me summarize the background and situation in Korea.(Of course it's south.)
(1). DRS is illegal in Korea.
a. We want to be together, but we can't participate because it's illegal.
b. What we can do is have the Korean state agencies protest the DTCC.
c. A Korean did DRS? Is... | 0.00096 | 0.015262 |
oravme | LEAPS - I'm missing something fundamental | I'm new to options, as you'll soon figure out. I've been watching a lot of videos about LEAPS, but I really must be missing something fundamental, and I can't figure out what it is. Everyone says that LEAPS amplify my results.. but my math isn't coming out that way.
My math:
Buy 100 shares of FEYE @ 20.50 = $2050
... | 0.603485 | 0.00566 | options | You're assuming the leaps will lose all of their extrinsic value - as someone else pointed out, you don't exercise your leaps, you just sell them. They'll still have time value left. If you still have 3 months + left until expiry they'll barely have eroded. | 0.009601 | 0.015262 |
wxc0gi | PSA: Yahoo Finance "Largest 52 Week Losses" a graveyard of past Reddit favorites | Related to the post about the wisdom of taking investing advice from Reddit, here are some of the current largest 52 week losses as listed by the Yahoo Finance app, a rogue's gallery of previous Reddit favorites...and HIGHLY touted on here over the past 1-2 years:
Carvana: -90%
Peloton: -88%, doesn't include an addi... | 1.27312 | 0.011146 | stocks | With a lot of stocks (especially penny stocks), someone would buy a ton of them, and THEN go on reddit to start hyping the hell out of them. They would talk about how the company has a bright future, how it was a solid investment, that the company would be announcing some big thing that was coming up, etc.
Many reddit... | 0.004116 | 0.015262 |
6x24ip | In first appearance before Uber employees, new CEO says IPO timeline is 18-36 months. | New CEO is Dara Khosrowshahi, who was CEO of Expedia for 12 years. Story on his hiring:
https://www.nytimes.com/2017/08/29/technology/uber-ceo-board.html
On his comments to Uber employees:
https://www.wsj.com/articles/new-uber-ceo-says-company-could-go-public-in-18-months-1504119090
no paywall: https://archive.is/h... | 0.303647 | 0.01051 | investing | Investors want to exit and Dara's appointment was contingent on an accelerated timeline to IPO. With pending lawsuits, Waymo on their heels, and a mega cash burn, I think it's safe to say we've already hit peak Uber | 0.004751 | 0.015262 |
kggxr1 | Can we have a difficult discussion about Tesla? | I’m a fan of the company, the products, and Elon. I think everyone agrees they are the market leader and will continue to lead the way in the EV arena for the foreseeable future. But a stock price of $695 per share (Friday’s close) gives them a PE ratio of 1,328. So my big question is this - are you long on Tesla? Do y... | 0.375673 | 0.011972 | investing | Tesla is overvalued, but it won't be in the future. It's a tech company that masquerades as a car company. It has a car financing arm, charge stations, potential autonomous vehicle/taxi fleet arm, potential residential solar panel arm, and potential home electrical battery storage arm.
The other USP is the amount of a... | 0.003289 | 0.015261 |
2x8u9b | Rumors out of China saying that Apple is Investing in Tesla | http://special.21so.com/index/special/sid/11071
I thought I would post the link here, if you haven't already heard. Tesla popped on the rumor. Apple is obviously a cash rich company, and their new project Titan is getting a lot of press. Tesla has talked about their significant need for capital.
Edit: Redundant Sent... | 0.375673 | 0.011972 | investing | Tesla is valued at 26B.
Apple has cash values above 150B
While Apple can buy Tesla, it would be above market value, and would not be an easy decision to make. This is not an internet startup that can be bought for 1 or 2Bs
Tesla valuation could go to 50B really fast if Apple is really trying to buy them, but Apple h... | 0.003289 | 0.015261 |
jud3vu | Finally paid off my car. | Yup, I finally paid off my car loan which took about 4 years, and last month I paid off a small loan I took out last year for a emergency. I am now debt free and put $120 in my savings, 1st time in years I've had anything in my savings. Paying off these loans and quitting drinking I am finally able to save up some mone... | 0.286308 | 0.015261 | povertyfinance | If you can, try to pay that car payment to yourself, that way you can cover expenses and save towards your next car purchase.
Or maybe put half in savings half in a growth stock or maybe something that pays a monthly dividend and reinvest that to the stock.
I am betting on EV and hydrogen over the next 5 years, and p... | 0 | 0.015261 |
m4f87t | For the first time in my life I have savings. $1427 is sitting in my account. I changed my behaviour by opening heaps of named accounts and it worked. | So I opened savings accounts and named them things like 'car', 'dentist', 'gifts'. I have 9 of these accounts. Whereas before when there seemed to be *something* happen every week or two that would take up my discretionary money, now I have those surprises budgeted for.
I also tidied up my grocery spend which gave me... | 0.286308 | 0.015261 | povertyfinance | Good idea. Do you open accounts with multiple banks, or do you have a bank that lets you open multiple accounts? I know that Sofi Money in the US lets you create separate savings "vaults" for different goals. | 0 | 0.015261 |
m4f87t | For the first time in my life I have savings. $1427 is sitting in my account. I changed my behaviour by opening heaps of named accounts and it worked. | So I opened savings accounts and named them things like 'car', 'dentist', 'gifts'. I have 9 of these accounts. Whereas before when there seemed to be *something* happen every week or two that would take up my discretionary money, now I have those surprises budgeted for.
I also tidied up my grocery spend which gave me... | 0.286308 | 0.015261 | povertyfinance | well done :)
Lines up with my first strategy on keeping "surplus money": whenever I felt confident I could keep up with payments, I opened a $25/month bank savings plan; at the best of times I've been closing in on 20 of them - in rough times I could phase some of them out while keeping up the others; at the end of a ... | 0 | 0.015261 |
nk9wo6 | I thought I knew nothing about crypto, then I glanced at r/dogecoin | I hate to give him attention but it is quite funny this time. Musk tweeted that people should suggest ways, on either github or r/dogecoin, for the devs to improve dogecoin.
So far theres been lots of suggestions for:
- Tesla to accept doge (nothing to do with the devs)
- More online shops to accept doge (nothing to ... | 1.035291 | 0.014326 | CryptoCurrency | **Dogecoin by design, is positioned as a blockchain version of a fiat currency. What does that mean?**
________________________________________
Fiat currencies typically do not have intrinsic or use value.
They have value firstly **through government regulation**. Since this is a decentralized cryptocurrency, we ca... | 0.000935 | 0.015261 |
cnbt5h | Buying Property with tenants | I’m buying a multi unit in Albuquerque with two of the most units being occupied. Is there a process to get the leases transferred to my name as the new owner? | -0.228894 | 0.002915 | realestateinvesting | Leases automatically transfer normally, the lease is for the property and has very little to do with who owns the property.
Just have to inform tenants how any payment method may change, etc.
Should be able to have them sign new leases if month to month. Or he provided with the old leases on closing.
I always got ... | 0.012346 | 0.015261 |
uc0ju2 | Moral dilemma [CT] | Hey all,
I have a bit of a moral dilemma and figured I’d reach out here. Most of my friends don’t invest in real estate so I don’t really feel up to asking them but here’s the story:
Purchased a multifamily early this year. Place needs some work but I’m doing it all myself and it was a great deal.
One of the tenant... | -0.228894 | 0.002915 | realestateinvesting | Can you reach out to both the conservator and the tenant with a notice that says that a written lease will need to be in place by X date, and a stipulation that “verbal leases” will not be renewed after that time? | 0.012346 | 0.015261 |
chmpdl | Looking at first investment property- help me decide if it’s worth it | So I’m looking at a duplex that’s listed for 160k. It rents for 1350 total. Taxes are about 1500/year. It is currently rented
By those numbers it looks like I can buy with 25% down and have a positive cash flow.
A nicer duplex with a 3 car garage sold for 250k a couple months ago and it is only about 100 yards away... | -0.228894 | 0.002915 | realestateinvesting | It's easy to overestimate the rent increase for improvements, even with a change of tenants. I've been doing this more than 15 years and I still screw that up sometimes.
Assume the repairs will cost more and the rent increase will be less than you think. Offer what you think it's worth and keep looking for opportunit... | 0.012346 | 0.015261 |
c7lp82 | Average rental % increase for Chicago | We're in the NW side of Chicago in a really hot neighborhood. We have really great tenants and would love them to stay another year. We lucked out when we bought a building and though it came with tenants already, they have ended up being great. The previous owners seemed to raise rents for just inflation, about 2%, wh... | -0.228894 | 0.002915 | realestateinvesting | If you like your tenants it may be easier to keep rents the same. If they move you’ll end up spending lots more than the 2% increase on realtor fees and/or to get the place ready to be rented by new tenants. Just my two cents. | 0.012346 | 0.015261 |
7nnbcq | better to enforce 1st of the month rule or work something out? | So pretty much new property, new tenants on an old lease that expires in August, so i cant change anything.
the 30th i get a call saying one tenant needs to go to court get his drivers license back so he can work, say he can do half rent now rest on 15th. he's supposed to pay half today...not answering texts...
2nd n... | -0.228894 | 0.002915 | realestateinvesting | They sound like pains in the ass / that you inherited someone else's problem. Enforce the 1st, maybe give until the 5th at the very latest, then evict and put in higher quality tenants. From experience, every time I've given a tenant an inch, they've taken a mile. | 0.012346 | 0.015261 |
e09438 | Do you depreciate your properties or not? | Interested in whether or not people choose to depreciate their properties for tax purposes or not. Please provide your explanation as to why you chose to do or not to do so! | -0.228894 | 0.002915 | realestateinvesting | A couple of others beat me to it but it bears repeating as you should not be trusted to breathe on your own much less be trusted to competently invest in real estate if you get it wrong.
DEPRECIATION IS REQUIRED AND NOT OPTIONAL
First: Whether you depreciate or not the IRS is going to depreciate for you.
Second: Dep... | 0.012346 | 0.015261 |
8tloja | Looking at Buying a Hoarder House | This will potentially be my first real estate deal if it goes through. I have a family friend who’s great aunt has to go to a nursing home and wants to know if I want to buy the house. He warned me and sent me some photos. It’s your traditional hoarder house, garbage everywhere etc...
She lived alone since she bought ... | -0.228894 | 0.002915 | realestateinvesting | [I've bought a hoarder house.](https://imgur.com/a/6LP2O) Friends joked with me about this being the top post in this subreddit for a year or two.
Depending on your mental state, it can be a lot of fun. I could not do one right now. I had a blast doing it then. I bought for 40&#37; post rehab value. I had to do ro... | 0.012346 | 0.015261 |
72kr7s | Buying my house but thinking ahead to real estate investing. What to consider? | Hi all. I am in my mid-20s and soon to purchase my first house (for myself to live in).
I am debt free and have a decent chunk of money saved up. I have more than enough for a 20+% down payment. However, I am very set on beginning to acquire real estate for investment purposes following the purchase of my person house... | -0.228894 | 0.002915 | realestateinvesting | Purchase a duplex/triplex/quad with an FHA loan and fix it up, rent it out, then refi to conventional and rinse/repeat. I did this, just flipped my first home for a $160k+ profit, and am submitting an offer on my 3rd that should net over $200k. | 0.012346 | 0.015261 |
rqseu4 | The Last Housing boom (and Great Recession) - what was it like? | At that time, I was finishing up high school and more concerned with girls, parties, and what college I was going to get into to worry about the economy. Those a bit older, what was it like going through the housing boom - and then catastrophic bust?
My former boss told me some pretty good stories of large scale apart... | -0.228894 | 0.002915 | realestateinvesting | We weathered it just fine. We're buy and hold investors, so even if property values dropped 30%, we just held, anyway. Rent continued to come in. Vacancies actually dropped during the GFC because people were losing their homes/couldn't get credit to buy a home, so demand for long term rentals increased in our area.
... | 0.012346 | 0.015261 |
bk8ap7 | Expirianced investors, do you prefer many properties or a few expensive high cash flow properties? | Pretty much wondering about my plan of saving for years to get enough to buy a big 4 or 6 plex or just buy much smaller duplex whenever I can afford them.
A duplex/triplex is 250k to 400k
A 4plex or 6 plex is in the 800k to 1m here
In both cases, I consider that the properties are cash flow positive and vacancy is ... | -0.228894 | 0.002915 | realestateinvesting | Not an RE investor, but economies of scale come into play with more doors per building. Example would be only one roof to worry about for every 8 doors.
Take this with a grain of salt, like most strangers advice on the internet. | 0.012346 | 0.015261 |
51yi4g | What is good cash flow? | Have not invested yet, but have questions about what you all consider to be solid cash flow? I'm sure it is different depending on the market, but I'll use an example I'm encountering.
Mortgage on a 4-plex in Clarksville, TN would be roughly $1800/mo after a 4% FHA loan (allowed on 4-plexes?) with the assumption I li... | -0.228894 | 0.002915 | realestateinvesting | I'd offer that good cash flow is a very individual question influenced by several factors.
First, I'm assuming "good" cash flow = positive cash flow! You can have negative cash flow!
Cash flow can be very influenced by how you buy. Are you buying with a traditional mortgage? Owner financing?
I believe it is also im... | 0.012346 | 0.015261 |
1y97ib | A very thorough reading list for anyone interested in being a successful investor (top picks bolded) | List here: http://www.streetofwalls.com/finance-training-courses/hedge-fund-training/hedge-fund-books/
I came across this while doing some associated googling and figured it might be beneficial to post. Any thoughts?
***
EDIT: If you've got any additions that aren't mentioned in the list, go ahead and throw them in... | 0.447699 | 0.013434 | investing | I counted 89, call me dumb if you want but that's a bit much. Which of them would be a utilitarian use of time?
I would be most interested in a successful trader recounting what they have done and what they were thinking at the time, it would help distinguish between survivor bias and any edge they might have had. | 0.001827 | 0.015261 |
x3b3bp | CCIP-039 reduce the number of external link posts to 1 per day |
Problem:
Main sub is filled with posts contain external links and many times the same news is reposted over and over. This can be recognized as ‘spam’. The rule states that is allowed to post 3 links per day and this rule is exploited by some users and bots for the sole purpose of moon farming. This spam problem cr... | 0.607549 | 0.009091 | CryptoCurrency | >not enough visibility for user posts
You mean the brain dead garbage like "not your keys not your wallet", "don't forget to DCA" and "look at this spam message I got" ?
90% of user posts in this sub are trash. How will limiting news help with that problem? | 0.006169 | 0.015261 |
ye09zx | I *really* want a PhD, but it's not the financially responsible decision. | I know this is somewhat on the "life advice" rather than "financial advice" front. I'm posting here because I'd like some advice from people with a more financially literate mindset. I may also post in grad school subs for other advice.
I'm currently in my 2nd term of a thesis-based MS degree in a sub-field of biology... | 1.044473 | 0.009464 | personalfinance | I have a PhD. In most cases, it doesn't mean much to anyone outside of academia. If you aren't planning on staying in higher ed, then I don't know that the PhD will offer you anything that additional experience of a career would offer. Think about what you want to do, where you want to be. If you want to make more mo... | 0.005797 | 0.015261 |
kwyduo | [DD] 12k on NextEra Energy (NEE) LEAPs as a clean energy play | I wasn't really planning on making a post on this, but I'd like to make the case for investing in a utilities company focused on clean energy as a smart play for the upcoming stimulus/shift towards renewables.
So what's NextEra Energy? Summarized from Wikipedia:
* It is the largest electric utility in the USA by mar... | 0.519725 | 0.014895 | investing | Everyone hops on NEE like it's the only clean energy play, but they are paying a huge premium. There are plenty of other utilities that have a mix of generation sources migrating over to 100% clean energy that will benefit from legislation financially incentivize them to move away from their dirty generation sources.
... | 0.000365 | 0.015261 |
gm9498 | IMO we have a problem with a stock-myopia on pennystocks | Just for the record, while we were all so obsessed with KTOV and RTTR on this forum which ultimately produced nothing, a company I've never heard of, CBDMd (NASDAQ: YCBD), went up 70% today, climbing gradually. Not even a gap up, a climb.
I became too interested in the stocks being talked about here and forgot to do m... | 0.289433 | 0.003317 | pennystocks | ONCY and SPOM were my winning horses today. ONCY suppose to swing up and down all week per zack morris and Hugh Henne
why the fuck is everyone still riding on stocks that blew up 3 weeks ago, Penny stocks are all shit companies I don't give a fuck what the company does, as long as it is what's everyone is pumping at... | 0.011943 | 0.01526 |
sqo8rd | Daily FI discussion thread - Saturday, February 12, 2022 | Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
Have a look at... | -0.062025 | 0.005636 | financialindependence | In the last week, I’ve started a new fully remote job, sold my car, got married, and ate at my first Michelin Star restaurant. It feels like an absolute whirlwind, and it’s funny how things seem to come in waves. I was preparing for these lifestyle changes but didn’t necessarily see them all happening in such a short p... | 0.009624 | 0.01526 |
pt3i4h | Daily FI discussion thread - Wednesday, September 22, 2021 | Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
Have a look at... | -0.062025 | 0.005636 | financialindependence | I'm "cheating" on my usual mechanic by having an alternate mechanic do a very overdue regular maintenance item. Both mechanics are great, but a (different) mechanic in the distant past shamed me for neglecting a thing, so I'm embarrassed about it and want the usual mechanic not to know about the thing.
So the alterna... | 0.009624 | 0.01526 |
njn3it | I love the IRS! | Every time I consider panic selling, I remember I’m gonna have to eventually figure out and pay short term capital gains tax on that sale. The laziness in me says “eh, not worth it” and I toss my phone to the side worry free. It’s a fool proof hodl plan! Subscribe now for long term gains if you too love the IRS!
Edit... | 0.918081 | 0.012892 | CryptoCurrency | There should be a sticky sub for tax and crypto
Here is a touch of info that would be better written by an actual cpa rather then me, a dumbass that pays his crypto taxes without fully understanding things circa 2018/2019
Let's say you make some gains and cash out some of you crypto, take some profit
For round numb... | 0.002368 | 0.01526 |
su5s3w | Speech by Bank of Canada Deputy Governor Tim Lane | Bank of Canada Deputy Governor Tim Lane explains the Bank of Canada's thought process during its response to the pandemic, and thoughts on Canada's economy going forward.
He says that he expects Canadian inflation to remain near 5% throughout the first half of 2022.
[https://www.youtube.com/watch?v=07ucaiRTL0w](ht... | 0.072907 | 0.014033 | CanadianInvestor | Central banks (not just Canada) during the early days of the pandemic basically said when they pump monetary stimulus they will allow inflation to run hot during the pandemic.
As for the fiscal stimulus with the government providing things like cerb. What you gonna do when entire industries and economies are completel... | 0.001227 | 0.01526 |
kos4w5 | 2021 Picks | What stocks or ETFs do you think will be the bright spots of '21? What are you picking up (or adding to) this first week?
Would love to hear some picks and reasonings! | 0.072907 | 0.014033 | CanadianInvestor | Recovery stocks - depressed REITs, personal travel related stocks, maybe oil/gas, restaurant related stocks
Health care stocks, vaccine/testing/therapeutics related, shift of hospitals/clinics and elective surgeries to normal, technology with government looking for efficiencies
Real estate / home building related st... | 0.001227 | 0.01526 |
bnf0u3 | Put money towards mortgage or invest? | I have $40,000 in cash, no debts other than a mortgage, which I believe has 8 years left on it. Would I be better off to put this money onto the mortgage or purchase something like an ETF within a TFSA account? If it’s close, I’d prefer to put the money on the mortgage, as there is a huge “psychological component” to p... | 0.072907 | 0.014033 | CanadianInvestor | are you already investing? if so it might be ok to pay down your morgage for the mental aspect. If not id probably invest it. I personally do 15% of my income into investments and the extra I have left goes onto my mortgage. | 0.001227 | 0.01526 |
kh4yca | Nuvei (NVEI), a growth potential stock | Here's a stock that I think has great growth potential for 2021 and beyond. Nuvei, a company that provides payment technology solutions to merchants and partners in North America, Europe, the Asia Pacific, and Latin America. The company went public in Sept 2020.
In Q3 of fiscal 2020, Nuvei reported revenue of $93.6 m... | 0.072907 | 0.014033 | CanadianInvestor | I like it. The day the motley fool article came out i got into it.
Fintech is the toll road to the economy. Look at square it's been surging as well. Eventually when we can do payment processing without visa, MasterCard or amex we will have a new global shift like that of WeChat and alipay.
Otherwise it's a free fo... | 0.001227 | 0.01526 |
awycgg | Bank of Canada to cut rates before the end of 2019: Capital Economics | [https://ca.finance.yahoo.com/news/bank-canada-cut-rates-end-2019-capital-economics-152607141.html](https://ca.finance.yahoo.com/news/bank-canada-cut-rates-end-2019-capital-economics-152607141.html)
&#x200B;
We can't even afford a 1.75% rate lol sad | 0.072907 | 0.014033 | CanadianInvestor | Band-aid on a bullet hole, the Bank of Canada is scared. It's BC's real estate sector that has been leading this charge in GDP decline. In 2017 [real estate, rental, and leasing](https://www.statista.com/statistics/608359/gdp-distribution-of-british-columbia-canada-by-industry/) was 17.96% of BC's GDP, and in 2017 that... | 0.001227 | 0.01526 |
k6p1t8 | Canada’s big banks face their next pandemic challenge: How to grow in 2021 | Canada’s big banks have been building defences against the coronvirus pandemic at the expense of profits for much of the past fiscal year. With cases of COVID-19 back on the rise, the challenge they face in 2021 will be finding ways to start growing again amid a recovery that is expected to be slow and uneven.
All six... | 0.072907 | 0.014033 | CanadianInvestor |
"Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world."
-Tyrell Wellick
Like multi billion dollars profit not enough for the banks. Very funny! There must be a time they should give back their robberies! | 0.001227 | 0.01526 |
gjljlu | BTB REIT slashes distribution 29% due to Covid-19 | *Due to the economic uncertainties caused by the COVID-19 pandemic and the possible effects on the Trust’s financial position and future cash requirements, on May 12th, 2020, the Board of Trustees approved a resolution to reduce the annual distribution from 42.0¢ to 30.0¢ (or a reduction of 28.6%) as of the May 2020 di... | 0.072907 | 0.014033 | CanadianInvestor |
If you're a REIT or Oil & Gas company issuing the same amount of dividends as pre-crisis, I would be concerned as a shareholder unless you're balance sheet is impeccable. It's not a secret that conditions in these sectors are nowhere near the same as before so it makes no sense to continue paying the same amount... | 0.001227 | 0.01526 |
fi6vm9 | Prediction: Dead cat bounce or beginning recovery? | Given the rapid stimulus packages and lowering of rates, do you think this is the beginning of recovery or a dead cat bounce? What's your rationale? I genuinely enjoy hearing people's opinions. I'm leaning towards thinking we're still on the way down. I think as cases continue to spread and more things shut down, peopl... | 0.072907 | 0.014033 | CanadianInvestor | If we get what they have in Italy, look out below. 30 day quarantines and it is enforced...you need a note to be allowed to go to work of any kind and they are checking. I could easily see drop to 1200 S&P if that happens. If we can contain then I don't see alot of upside in markets here as Q2/3 earnings are goi... | 0.001227 | 0.01526 |
ufdjno | Fair P/E Multiple for the S&P500 - What am I missing? | So this year (2022), earnings for the S&P are expected to be 240 according to [Yardeni Research](https://www.yardeni.com/pub/yriearningsforecast.pdf). I've seen other estimates saying 215-230 EPS for this year, assuming no recession. Given that interest rates are rising, I would argue that a fair P/E multiple for t... | 0.072907 | 0.014033 | CanadianInvestor | I read that the average buying point for investors right now sits at 3800. If and when we get close to that, expect more pain.
I was due for rebalancing this week so i took my gains and will be re entrying on a timeframe of 6 months.
The market has been a beast in the last 5 years but a volatile one. Major players ... | 0.001227 | 0.01526 |
ufdjno | Fair P/E Multiple for the S&P500 - What am I missing? | So this year (2022), earnings for the S&P are expected to be 240 according to [Yardeni Research](https://www.yardeni.com/pub/yriearningsforecast.pdf). I've seen other estimates saying 215-230 EPS for this year, assuming no recession. Given that interest rates are rising, I would argue that a fair P/E multiple for t... | 0.072907 | 0.014033 | CanadianInvestor | This is a good way to look at things, but the main problem is the assumption of a 15-18 PE. It's not unreasonable, but at the same time with bonds still not being favoured despite rising yields it could be that we'll keep having investors accept higher PEs (and likely lower future returns) due to TINA, and so the mark... | 0.001227 | 0.01526 |
ifh97i | We made an automatic stock screener and portfolio tracker to help making decisions | Hey everyone, my friend and I are very into stocks. We have created spreadsheets to screen stocks and track our portfolios. We spent weekends working on automating them and making them usable for everyone here (inspired by u/mau2509’s awesome spreadsheet - thanks for sharing here!).
Here is the [spreadsheet](https://d... | 1.727919 | 0.014812 | stocks | Are you able to turn this into an actual program that people can run on their pc/phone? I can help funding it. We could look into more features aswell, I got some ideas.
...and obviously good job, I love it! | 0.000447 | 0.01526 |
vvxmvw | Most liberating technological innovations in human history | - Printing press (1450)
- Internet (1983)
- Bitcoin (2009)
All of them, at the time, dismissed/underestimated by the majority of the population.
* This is from a tweet of Will Clemente on Twitter:
https://twitter.com/WClementeIII/status/1546175189079277572
EDIT: In case you disagree, I invite you to comment the rea... | 0.27996 | 0.002554 | Bitcoin | It’s funny how many people don’t even understand what the point of Will’s tweet is.
These 3 innovations provided the general population with greater access and the free flow of information.
Before the printing press, the Church was the main distributor of information. if you wanted information or to “hear the words... | 0.012706 | 0.01526 |
w6gig3 | "79% of U.S. buyers would only buy a car if it supported CarPlay" | If this is true, then Apple is about to make a crap-ton of money. Some points from the [CNBC article](https://www.cnbc.com/2022/07/22/apple-carplay-could-be-a-trojan-horse-into-the-automotive-industry.html) where I found this stat:
* Apple engineering manager Emily Schubert said 98% of new cars in the U.S. come with C... | 1.406024 | 0.012218 | stocks | I rent a lot of cars at the airport and it's always disappointing when my rental doesn't have apple or android carplay. Totally would be a factor if I was searching for a car. Really the only thing important with carplay is being able to plug my phone in and have google maps displaying on the screen. Some cars don't h... | 0.003042 | 0.015259 |
vfkq9b | End of life care without children | My husband and I are mid 30’s without plans to have children. We have no issues with planning for general retirement but are at a loss for what to do about end of life care. Wondering what other child free couples are preparing for and what we’re need to do to make sure we’re not being taking advantage of. | 1.220651 | 0.010932 | personalfinance | Do NOT buy any form of insurance for long term care, instead use what that would have cost to invest/save for when you need care. My mom, (school teacher) 80 years old now paid 30 years for home care, but with COVID, can’t get anybody to come to her home. If you save money, you can always hire/buy what you need. If ... | 0.004327 | 0.015259 |
k8kof5 | If you were phished, you gave away your crypto. They werent hacked or stolen. | That might sound like a harsh take but hear me out before you downvote me to oblivion.
When new people come into this space and see all the posts about how coins got hacked and stolen. They are immediately going to lose faith in crypto. Crypto is already a foreign concept to most people and getting "hacked" is anoth... | 0.373128 | 0.006222 | CryptoCurrency | I mean the coins were still stolen. When people phise for fiat its theft so same applies for crypto.
Other than that yeah I totally agree with you. Crypto doesnt get 'hacked' and really people need to he calling out anything that looks dodgy as soon as they see it to better the crypto community and make it an easier s... | 0.009036 | 0.015258 |
suvxgc | Hot Potato through the Tunnel Under the Border: A Canadian's guide to “Snow-washing” your short positions | ***Intro***
I am not providing financial advice nor am I a financial advisor. I’m a truck driver. If you think this constitutes advice, you may need a helmet and a 5-point harness for this ride…. Literally.
This is my first legitimate attempt at DD and even then, I’m only putting it up because I don’t have the wrinkl... | 0.147552 | 0.013817 | Superstonk | The situation is indeed dire when it comes to the Canadian markets. There's an organization I follow up here, called Save Canadian Mining
https://savecanadianmining.com
Its founded by Terry Lynch and Eric Sprott, they are openly trying to reinstate the tick test rule to slow predatory short selling and are calling ... | 0.001441 | 0.015258 |
ncw45t | Wall Street Week Ahead for the trading week beginning May 17th, 2021 | Good Saturday morning to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning May 17th, 2021.
# **Earnings reports and the Fed will ... | 0.884163 | 0.008011 | stocks | In my market, apartment properties are reaching 95-97% capacity which has pushed rents up. People that relocated here couldn't find a a home to buy so they signed leases... could slow down buying demand for a bit, I'm not sure how beneficial this is because a lot of folks are struggling to find a fair rent for a 1-2 be... | 0.007247 | 0.015258 |
u3iojo | advice on being extra | I keep trying to talk myself out of making extra trades, I profit 300 a day but it could be more, I make 500 to 1k in profit on trades but instead of stopping I feel compulsive to try more. And brings my profit down, I haven't lost money I still gain but I'm always looking to make a trade during my trading hours
Sug... | -0.132487 | 0.002824 | Daytrading | I have the same problem, I'm usually profitable on the first hour of trading but the longer I trade I give back profits or sometimes lose money. One of the things I do to work around, it distract myself after the first hour. I shut off my computer and go to the gym, eat or do chores. Basically force myself to get off m... | 0.012433 | 0.015258 |
zgphcd | Bitcoin Won | It turns out forcing people to participate in Bitcoin through lntipbot is a REALLY powerful way to get people involved in using the network.
There are millions in this subreddit, bot or not. I tip. I've been calling it - Operation Forced Hodl (OFH). (In my head, I'm not a psycho)
I messaged the mods of the cryptocurr... | 0.703466 | 0.005158 | Bitcoin | Lntipbot is the shit. I've long thought that once something like this hits all major social media (twitter, youtube, tiktok ...) plus games, it will be over in terms of adoption.
Lightning/bitcoin will skyrocket. | 0.010099 | 0.015257 |
ei42b0 | Given $6k solely for investing towards my future, is Roth IRA the best/safest route? | Hello all, long time lurker, first time poster to this sub.
Some background: 25yo, graduating with a BS Electrical Engineering degree this spring with zero debt to my name including student loans. Have roughly $7k in savings while working a paid part time internship of which I have been able to dedicate about 20% of ... | 1.254703 | 0.011216 | personalfinance | You can only contribute to an IRA if you have sufficient earned income to cover the contribution. Also, a Roth IRA is merely a "special" account type (special in that it has tax benefits) that holds investments; it isn't an investment on it's own.
Considering you seemingly low risk tolerance and the horizon for purcha... | 0.004042 | 0.015257 |
az428v | Aussie living abroad, what should I keep open in Australia? | I've been abroad for 3 years and am unsure when I might return, I have the following questions:
1. I have a number of accounts open back home, should I close them? IngDirect savings and current account, CBA savings and current account, Citibank debit and credit cards. I plan to keep the CBA one given it has my only ca... | 0.008803 | 0.008 | AusFinance | I’ve been living overseas for 6 years (though I usually come back to visit Australia at least once a year).
My wife and I kept all our accounts open. No real need to close them unless any of them have large unavoidable fees, I would say.
Kept my regular super (Unisuper) too - I’m not adding to it but it’s still grown... | 0.007257 | 0.015257 |
awfj23 | Auction Clearance Rates | Just received my weekly auction clearance rates for the nation from realestate.com.au. It is showing a clearance rate of 62%.
NSW had a rate of 69% however only had results for 362 auctions which seems like extremely low numbers.
Where can I find how many auctions were actually scheduled?
As mentioned in a previou... | 0.008803 | 0.008 | AusFinance | There were 587 Auctions in Sydney this weekend and the median sale price at Auction was calculated on just 170ish Auctions. Huge number of unreported too to get the rate to 65%. This is a dangerous knife to try to catch
https://twitter.com/linzcom/status/1101749807062888449?s=19 | 0.007257 | 0.015257 |
gx2azl | Why Noobs Lose Money | Seems to be a lot of new people on here. Let me explain why there are people who win big and lose big in penny stocks. Many of the stocks we buy here are not amazing blue chip stocks. They are based around almost solely hype and rumors. In order to make money, you need to be ahead of everyone else. QUIT BUYING STOCKS T... | 0.168833 | 0.002346 | pennystocks | Another thing is that a lot of people haven’t even been here long enough to even know that DD stands for Dirk Diggler. I just see “DD” getting thrown around all the time and I don’t think anyone knows what it means | 0.012912 | 0.015257 |
9qgz8n | I’m 35, well paying job... Bored out of my mind. What should I do? | Context:
I’m 35 years old with a well paying government career 70k a year, TSP, Fed benefits etc.
I keep thinking of switching careers to something more meaningful again.
(I served 10 years in the military)
In my mind, I want something with a bit more action than just a desktop and writing.
Things I like:
RN,... | 0.319034 | 0.003418 | personalfinance | A 50% pay raise? You're crazy, suck it up, pay off the debt, support your wife through med school. When she finishes residency in 5+ years, then think about making a change. Remain stable now and focus on your debt. And go buy a Porsche and do some autocrosses/trackdays. | 0.011839 | 0.015257 |
wpwl2m | 🚀🚀🚀 Fidelity is having trouble exercising my bbby calls 🚀🚀🚀 | So I'm on hold right now. I had a bunch of bbby calls, sold half and exercised half. The rep has been asking me all kinds of time wasting questions, then tried to get me to accept a talk on "more profitable methods of closing an option". I had to politely interrupt him and say "This will be more profitable". I have bee... | 1.110388 | 0.013475 | wallstreetbets | So ya op, major respect on the “this is more profitable” lmao. But I don’t think this is fidelity trying to fuck you or anything. It’s almost unheard of for people to excersize early, so I’m sure there’s some hoops that Mr. customer service guy has to jump through to confirm that it’s really what you want to do. Shit t... | 0.001781 | 0.015256 |
xtbvuw | Are we finally into the fear stage? | I get that people still have a lot of liquidity and want to buy in.
But a few months ago this questions was asked and people commented about how they were waiting on the sidelines to buy in.
But with even worse economic new coming from the EU, uncertainty with the war, continued inflation and pressure on the consumer ... | 0.806128 | 0.007382 | stocks | Umm Hello. The Fed is jacking up interest rates to stop and possibly reverse inflation.
What will need to happen for that to happen?
Businesses charging LESS. Why would a business charge less?
Lower cost of goods/labor/and LACK OF SALES.
That means PAIN. Missed earnings. Layoffs. Bankruptcy. Unemployment. ... | 0.007873 | 0.015255 |
lrllwb | $NERD / $NOSUF - MASSIVE NEWS - NERDS ON SITE / STAPLES PARTNERSHIP COMING: Here's Why It's BIGGER Than You Can Imagine. | I recently read a post from another Redditer regarding rumours of an upcoming STAPLES BUSINESS DEPOT and NERDS ON SITE partnership announcement. This prompted me to put my DD cap on because the effects of this partnership both short term and long term could be absolutely massive.
I firmly believe the potential news of... | 1.690897 | 0.014609 | pennystocks | Here are some links to what I was able to find:
https://ibb.co/sFJxmyZ
https://ibb.co/98XMCY8
https://ibb.co/Jqgdsw4
https://ibb.co/9vz7rMq
https://ibb.co/cxMhGwT
As you can see they are looking for future techs, the date says Feb 1 2021 but it is still available.
Similar work orders are out for printer installat... | 0.000646 | 0.015255 |
3cfafb | Comcast making hard credit checks? | My SO and I have both had Comcast in the past. We're applying for a new place to live and we noticed he has a ridiculously high number of credit checks. There are a handful from Comcast that he didn't authorize, among a few others.
They have never, ever, done a hard credit check on me for Comcast, and it seems unneces... | 1.146627 | 0.010315 | personalfinance | They dinged me for a charge that I "never paid" and was conveniently never told bout. Until last month. From 5 years ago. Apparently their collections department has "only been functional for a year and a half." | 0.00494 | 0.015255 |
nk0dj1 | This is how a bull cycle gets strong, by having a huge dip and coming back. | For those who missed the 2017 cycle, there was a similar massive drop in 2016 and people were having major FUD thinking bear season is upon us. But soon after that not only BTC recovered but it reached ATH and then the bull cycle went on for another year.
This 40% seems bad but people clearly aren't scared, look at ... | 1.039858 | 0.014382 | CryptoCurrency | There is only one example of a bull run extending past a close below the 21-week EMA, and that was in 2013. And it didn't last for longer than one week. So, if we close this week below the 21-week EMA, the bear market is probably here. | 0.000872 | 0.015255 |
cw42zk | With all the banks firing traders and experts: is this the end of the profitable finance career path? | I wonder what you think about the finance profession. Banks and Funds seem to be hiring more and more software developers while laying off finance guys. Also there are a lot of finance people on the market. What do you think, is there a future of finance careers? | -0.011895 | 0.004107 | investing | I think the finance profession is more at risk for AI and automation then most professions.
Finance needs a removal of human emotion and lots of math. Two things that software excels at.
1 mistake or a series of mistakes by a human can be disastrous for an account.
Will there still be a need for finance people? Abso... | 0.011148 | 0.015254 |
tpdmlf | DID BCG REALLY RUIN THE BUTTERFINGER CANDY BAR??? | So, I was thinking about all of the connections that BCG has in ruining so many different companies while I was eating a candy bar earlier today. And I thought back to the recently
changed *Butterfinger* recipe. A change that made it absolute garbage that it is now. And sales for it plummeted. I thought surely no... | 0.144895 | 0.013734 | Superstonk | As much as I love how much everyone is going deep into research, the BCG matrix is very commonly used. It is taught in business classes.
Using the BCG matrix is not really a direct link to BCG anymore. | 0.001521 | 0.015254 |
mnle8m | A really weird side effect $GME has had on me... | Student loan drops in 3 days here in the UK, usually by this time I'm absolutely strapped for cash and having to scrape together enough just to eat. This time around though I'm sitting on quite a fair few $GME shares and a comfortable amount of cash to get by. By blindly putting most of my money into $GME I've essentia... | 0.193238 | 0.015254 | Superstonk | Check your documents!! The student loans I’ve heard of forbid you from investing with the money they give you. If that’s the case with yours and you give them any reason to believe you bought GME with the loan, they will take ALL of your tendies.
Check your documents fellow ape!!! | 0 | 0.015254 |
nygiwr | Electronic Arts (EA) over valued | I have been analyzing EA share price and have come to the conclusion that the stock is over valued.
The obvious indicator is as follows:
The P/E ratio is >50 this is high especially compared to other video game publishers, most notably Activision, which is the publisher that owns the call of duty franchise with a ... | 0.060131 | 0.005568 | investing | It's a good start and a good thinking process, but you need to evaluate way more things for a proper DD -- what are the fundamentals? How do those compare to their competitors?What are the management's projections in terms of their further plans? Are they planning to release any games that will be a long-term recurring... | 0.009686 | 0.015254 |
zturtd | Think Bitcoin is inevitable? Think again. Complacency is the enemy of Bitcoin. | The link I have shared as part of this post really made me stop and think today. It's an estimate of listening and non-listening bitcoin node.
If you consider yourself a Bitcoiner, this should worry you. What you see is a slow decay of a statistic that should be growing year on year. Especially now, when people are mo... | 1.338724 | 0.009064 | Bitcoin | This isn't Robux or Ethereum where you just have to connect to a corporations server to check your account balance. You only get to have an opinion on Bitcoin through power projection using your node. Ever had an opinion on a change to Bitcoin? Guess what, your opinion kinda doesn't matter if you don't run a node to pr... | 0.00619 | 0.015254 |
x095il | Last 6 months have been a financial bloodbath | This is long - mostly venting. TLDR: this year has been a bloodbath for my $$$ - please tell me it gets better.
I’ve (38yo) spent the last 5 years working my unholy ass off to turn my financial position and my life around. Built up an emergency fund, paid off all debt but student loans, keeping to a strict budget and... | 0.465602 | 0.004639 | personalfinance | Congratulations on having sufficient emergency funds to get your child into a safer place. You can pay off credit card debt and rebuild emergency savings.
Are you contributing to a 401k or IRA? Have you considered reducing your contributions while paying off debt? Not ideal, but possibly better than letting debt go t... | 0.010614 | 0.015254 |
7iewrv | Got a lot of money but on benefits atm | Recently came into a lot of money (£100k+) am only 18, getting a council flat soon, no gcse and no career going for me. (Am defo smart enough gcse/ a level, unfortunate circumstance made me abandon education, one I regret.
What’s a smart investment, either small long term returns or high risk high reward a.m. open to ... | -0.149954 | 0.000379 | UKPersonalFinance | Invest in your education. At age 18, this will pay of hundreds of times more than anything else you can invest in. Paid adult GCSE classes are much better than school ones because the class sizes are way smaller and you'll probably find it much more enjoyable when you can get the hang of it properly. Having a maths and... | 0.014875 | 0.015253 |
gplvkf | Freelance: I have been unemployed since March 2020. Will employers look un-kindly towards my unemployment? | Hi all,
I am a freelance person and have been unemployed since March 2020. Will employers look un-kindly towards my unemployment?
Gaps in your CV are never a good thing apparently. I finished my last contract just as IR35 was going to come in and I did not want to go PAYE and risk HMRC action, and then on top coronav... | -0.149954 | 0.000379 | UKPersonalFinance | I think if any employer doesn't recognise March 2020 as the month when Coronavirus took down the global economy, making millions unemployed and businesses go bust, then you don't want to work for that employer. | 0.014875 | 0.015253 |
8avgyt | US-China relations not escalating as feared. | https://www.marketwatch.com/story/asian-stocks-gain-as-trade-tensions-ease-2018-04-08
So far tonight, looks like the Asia markets are hitting moderate gains. Nothing inflammatory on the wire. Looks like a return to $7k on the NASDAQ tomorrow. News distracted by Syrian airstrikes so we shouldn't get interrupted by t... | 0.204183 | 0.008492 | investing | Well that was fun while it lasted.
[China blames US for trade frictions, says negotiations currently impossible](https://www.reddit.com/r/politics/comments/8ax1km/china_blames_us_for_trade_frictions_says/) | 0.006762 | 0.015253 |
s58ptv | Daily FI discussion thread - Sunday, January 16, 2022 | Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
Have a look at... | -0.170445 | 0.003374 | financialindependence | I just worked over the weekend, I was on call for my hospital’s IT due to some emergencies. Ended up making $125/hr for 30 hours of work. Came in 5am Saturday, worked till around 10pm on and off, and then slept till 5am, and worked till now. Finishing early but will still get paid like $3750 which is not bad for a sing... | 0.01188 | 0.015253 |
aleroa | Reading The 4-Hour Workweek and don't know if I'm wasting my time | So far, the premace seems to be against delay of gratification and targeting a sustainable FI number. I feel like this book is misleading on many fronts. However, I'm only a few chapters in. Can someone vouch for this book or am I wasting my time? | -0.170445 | 0.003374 | financialindependence | I just had my Virtual Assistant read it and then write up a summary with both of the book's key points:
* If you need magical brain vitamins, Tim Ferriss will sell you some
* Hiring a Virtual Assistant for $5/hour will save you tons of time | 0.01188 | 0.015253 |
i1aevd | Borrow to invest: dividend > interest = free money? | If I get a HELOC at say 2.5% interest and I invest in banks whose dividend yields are all but guaranteed (IMO) to remain at least higher than my interest rate for the foreseeable future, what is the downside to this plan?
I must be missing something! What is it?
EDIT: Love this sub. Thanks for all the great insights.... | 0.107137 | 0.015253 | CanadianInvestor | I'm doing this. But not because of the March drop but because of where I'm at in life, tax deductibility in the non reg account. And just part of a long term plan. I was really intrigued when I read the book on the smith maneuver but I'm too chicken to go all in, so am doing my "poor man's version". Ive started out ve... | 0 | 0.015253 |
ar8qu7 | Choosing long-term ETFs (in TFSA) for semi-retired parents, maximizing yield and potential for growth | Hi all.
&#x200B;
First time posting here after reading some older threads.
&#x200B;
I'm trying to create a portfolio with one/a few ETFs for my semi-retired parents in their 60s who would use monthly/quarterly distribution payments as a source of income. Both their TFSAs would be maxed out, and then still s... | 0.107137 | 0.015253 | CanadianInvestor | My wife and I went through the same process you're going through for your parents. After becoming utterly confused by all the options and accepting there was no way to actually find the 'best' option. We settled for [VBAL](https://www.vanguardcanada.ca/individual/indv/en/product.html#/fundDetail/etf/portId=9578/assetCo... | 0 | 0.015253 |
k91te0 | Score.to upside speculations? | Any ideas what their peaks might look like if the bill gets passed? I know there's a ton of potential and the bill is likely to move but if it doesn't there's real risk of plummeting so I'm curious if anyone has insights | 0.107137 | 0.015253 | CanadianInvestor | Sorry to ask something not related to bill passing... I'm no expert on sports apps, but I'm quite confused why the #5 ranking app company has a 675M market cap, comparing to say Draftkings which ranks at #13, with way less users, but has a 19B market cap. Does this mean SCR is undervalued or Draftkings is overvalued? A... | 0 | 0.015253 |
bq77xm | Advice on "couch potato" portfolios? | 20M, I started investing into my TFSA ($22,500) this year w/ WealthSimple to start off easily with a roboadvisor, but am looking to move to a DIY portfolio with Questrade so that I can start having more control over my investments (and lower fees).
=
I've heard a lot of good things about Model ETF Portfolios from Can... | 0.107137 | 0.015253 | CanadianInvestor | The more control you seek over your investments will come at a cost. That cost is discipline. If you’re not disciplined and don’t stick to your plan, it will end up costing you a lot more than what a robo-advisor like wealthsimple charges.
If you want the cheapest alternative of the “set it and forget it” style, look... | 0 | 0.015253 |
ei3vk6 | Loonie - G10 Winner of 2019 | The Canadian Dollar has outperformed every other major currency this year. Capping the year right near the 1.30 mark. Has it had any major effect on your overall returns? It is up almost 5% for the year. And anybody have a clue on where or might be heading... | 0.107137 | 0.015253 | CanadianInvestor | Not something to be happy about. Expect a poor GDP reading for Q4 - negative 2.1% currency impact for exporters.
Also, there is currently a .25% differential between the 10y US government bond and 10y CA government bond.
Bank of Canada will have to react quickly. | 0 | 0.015253 |
xkioy1 | ETFs holding ETFs, am I over thinking fees/expenses as a downside? | Hi all,
Possibly (likely?) a dumb question, but this has been nagging at me today... I hold a mix of ETFs and individual stocks, but do not hold any ETFs that primarily hold other ETFs... By way of example, I am aware of VBAL, VCNS but am put off, maybe unnecessarily, by the fact that these ETFs have expense ratios o... | 0.107137 | 0.015253 | CanadianInvestor | Makes a difference for tax. https://canadiancouchpotato.com/2016/07/11/foreign-withholding-taxes-revisited/
"Finally, if you use Canadian-listed ETFs for international equities, look for funds that hold the stocks directly rather than through an underlying US-listed ETF. The “wrap” structure imposes a second level of... | 0 | 0.015253 |
3kadir | Interesting take on hedonic adaptation | I'm sure most people here are familiar with the concept of hedonic adaptation. I ran across an interesting take on it while reading Dan Ariely’s "The Upside of Irrationality." He describes how some experiments suggest that hedonic adaptation takes longer if it is interrupted, and that this can be a good or bad thing de... | 0.038511 | 0.007734 | financialindependence | Good post. Tangentially related: I think it's helpful to remind ourselves how good we have it and compare ourselves to others in the world and in history, to make it eaier to be happy. Even if I'm already happy, it helps to keep perspective. There are others in history who would have killed to have what I have now. Eve... | 0.007519 | 0.015253 |
3hc0ju | Why buy rental properties? | A common trope that gets parroted here often is that you should buy rental properties for "income".
Why not just invest in ETFs and mutual funds? Seems like less work and less risk. | 0.247467 | 0.012095 | financialindependence | I think it would have been more precise to say "a strategy that is often discussed here is..."
I don't own income properties. If your analysis shows you are not compensated for the added risks and work then don't do it. Some people are skilled at picking good properties to buy and at being a landlord and being able t... | 0.003158 | 0.015253 |
s6s327 | looking for advice on a savings account for children | Hi so this is my first post here, I have two children and our oldest (2 years old) has a future savings account with Nationwide (both my partner and myself are with Nationwide). However during the pandemic the interest rate dropped from 3% to 1%, we haven't made any withdrawals from that account and we haven't heard ab... | 0.084112 | 0.002744 | UKPersonalFinance | A lot will depend on your appetite for risk but if the plan is to keep putting money away until they're 18/21, then a stocks and shares product should out-perform any cash-based savings account.
Which one you go for will depend on what you want to happen to the money. A Junior ISA means that they get the money on the... | 0.012508 | 0.015253 |
kbgic7 | Toyota battery tech could be the key to transitioning to EV's and leave Tesla in the dust | https://electrek.co/2020/12/11/toyota-electric-car-solid-state-battery-10-min-fast-charging/
A new report suggests that Toyota is going to unveil an electric car with a new solid-state battery that enables 10-minute fast-charging capacity next year.
Toyota started working on solid-state batteries back in 2017 with pla... | 0.348234 | 0.011415 | investing | Don't be distracted with tesla ridiculous market cap. Toyota is still the big boy of auto industry. Lean and mean machine with unmatched production system. Just because you thought that they are all in on hydrogen means jack shit. They could be doing their RD behind closed doors for years. They are not meme Twitter Mus... | 0.003838 | 0.015253 |
4bud88 | $180k saved at 26. Still cant afford a house. How would I go about finding an investor to manage the money for me make it grow while i sit on it and wait. | Houses in my area go for $1 million for a modest house in a modest neighborhood. While I'd be able to afford the down payment on a place, I cannot afford the monthly.
| 0.348234 | 0.011415 | investing | https://www.bogleheads.org/wiki/Lazy_portfolios
I recommend the three or four fund portfolio, however this is for retirement. If you plan on taking the money out in a year or two and don't want to take much risk, a much larger weighting towards bonds would be safer. Bogleheads.org is a great website in general for in... | 0.003838 | 0.015253 |
dmboqx | What’s with old people and Centrelink money? | A lot of old people (I see this a lot in the immigrant population) do this thing where they withdraw their bank accounts practically empty and leave a very very small amount in the bank. Apparently, they are scared that if their bank account balance is high enough this would compromise the amount they receive from Cent... | -0.001775 | 0.007692 | AusFinance | If you're on unemployment and have more than a certain amount in your bank account they can and will stop payments, happened to my mum.
They found out she had $1,000 too much money when she did her tax return, she was saving to repair her car but they wouldn't start the payments again until she spent the money and wai... | 0.00756 | 0.015252 |
rbeldy | IT careers | Hey everyone looking into a career change into IT, wanting to know in your opinion what's the best IT course to study. uni, self study, bootcamps etc
Cheers | -0.001775 | 0.007692 | AusFinance | I have a Computer Science degree and I was a programmer for a year. I quit because I was utterly miserable and would take out my frustrations on my family. I enrolled at TAFE and got a Networking diploma and became a system administrator, which is way more comfortable. I get a similar salary and I do 1/10 of my previou... | 0.00756 | 0.015252 |
q0qaka | Line between commute and travel for work | With all the covid changes of working i’m considering (like so many others it seems) to move out of the city to hopefully work on kind of a fifo schedule. It’s an office job but currently wfh works.
The idea is to fly in for 2-3 days every other week and wfh the rest.
I’ll habe to pay for flights and accommodation ... | -0.001775 | 0.007692 | AusFinance | Most of my career has had a component of travel and fifo, it’s not as fun as it sounds. It’s a significant time and cost impact on your life, especially if you’re paying.
A 1 hour flight is min 3 hours of travel time door to door, you’ll be doing this on your own time. Regional areas don’t have frequent flights, so yo... | 0.00756 | 0.015252 |
cas38j | Yearly cost of apartment ownership in Sydney. | Hello all,
I am putting out feelers to understand the ongoing costs of 1bdr apartment ownership in Sydney's Innerwest. Articles tend to suggest around 12k per year inc strata/rates/maintenance/ insurance etc. Which seems excessive.
To all the people who own apartments what have you found your ongoing yearly cost t... | -0.001775 | 0.007692 | AusFinance | Won't get much change from that.
Studio I have in Sydney breaks down to about $4000 a year. Old building but well maintained, Sydney City rates.
But basic. Add gardens extra lifts pool, possible strata levy and $12k can easily be hit. | 0.00756 | 0.015252 |
k86nl0 | Am I a noob for using Commsec to invest? Or should I be useing SelfWealth or something like Superhero for their low brokerage fees? | Basically title, I had trouble opening a self wealth account so I went with commsec.
Also what is a HIN and where can i find mine?
Thanks in advanced! :) | -0.001775 | 0.007692 | AusFinance | Why'd you have trouble? Happy to help you out!
HIN = an ID that attaches all of your shares to you. You can move this HIN (and have more than one) to other brokers, meaning all your shares go with you.
CommSec have a lot of features but charge more brokerage to pay for those. Up to you and depends on how you invest, ... | 0.00756 | 0.015252 |
u0a3dr | 24M, no responsibilities, want to make as much money as possible, what should I do? | Okay so title says most of it, I’m from south Melbourne not actually in the city. I have little to no responsibilities at the moment and am willing to move, work hard, uni etc to make as much money as possible for the next 10 years or so. What do you guys recommend, where is a good place to start? TIA
Edit: Currently ... | -0.001775 | 0.007692 | AusFinance | Terrible mindset.
You should focus on a field that you will be interested in and have a genuine passion for - that will then bring in the money.
I work in a Big 4 Bank and I had the opportunity to speak to one of the top execs. He said he got to where he was not by chasing money, but by chasing experiences and doing... | 0.00756 | 0.015252 |
y5c32b | How to know your HECs balance next year around March/April. | So the ATO website doesn't update your balance until your employer makes the contribution (usually around June once a year).
Many of us are contemplating paying off our HECs next year before indexation.
I've been told by others that you can't ever know what is the balance as at today etc. I've had people call ATO an... | -0.001775 | 0.007692 | AusFinance | I can understand what you're saying. But since your HECS won't get paid until you lodge your tax, paying it off in March/April means you will have to pay the whole amount that you had due this July and then you will get what your employee has kept for HECS back in your tax return. For example:
>You have $5000 HECS ... | 0.00756 | 0.015252 |
yb7z8b | Those of you who work 4 10's or 3 12's a week, what do you do? | Interested in hearing from people who work these types of shifts. We don't really read a lot from people who have this type of work schedule. What roles and industries are you in?, how do you like this setup?, what's the pay like?, recommendations for those chasing the same type of hours? etc. | -0.001775 | 0.007692 | AusFinance | Boilermaker by trade
7 days on, 7 days off, 7 nights on etc etc
123k base, but we have OT coming out of our ears, I made 200k last year
I love the roster, wouldn’t change it for anything
If you have a trade behind you, you’ll find work/roster/lifestyle virtually in any state, some states are screaming for worker... | 0.00756 | 0.015252 |
7p0ffe | Ark V2 offers up to 14.2k transactions per second | There will be transactions with multiple destinations you can do a lot of payments all at once. (Type 7 Multipayment) This will allow really high throughput (as payments per second) as you can do a lot of payments (2259 payments per tx) with one single transcriptions. With the current block size (50tx per block every 8... | 0.52535 | 0.008085 | CryptoCurrency | Another thing about ARK that I don’t think is publicized enough: you can use your ARK to vote for a delegate and get paid weekly in ARK. It ends up being about 10% of your wallet value per year. I know folks who are making $600/mo just by holding ARK which will compound with any price momentum.
Price remains pretty st... | 0.007166 | 0.015252 |
wn9xum | Daily FI discussion thread - Saturday, August 13, 2022 | Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
Have a look at... | -0.192129 | 0.002921 | financialindependence | Got a friend who is mad at me since I make 50% more than him in the same field so I offered to get him a job. Handed his resume to my boss and he sent him a short email asking him a few questions. Probably would take about 10 minutes to complete. After which they would schedule an interview.
No answer.
Now my boss m... | 0.012331 | 0.015252 |
ma2l2o | Is AbbVie a yeld trap? | The title says it all. With 5% dividends now which is way more than it's 3.9% 5-year average and 181% payout ratio I'm afraid to buy it. On the other hand, they'll be a dividend king in a year
Their debt/equity of 650% is also kind of frightening.
I have 14 shares and they were good to me. But, maybe, it's the time t... | -0.270593 | 0.004242 | dividends | I avoid them, there are dividend yielding companies with much stronger fundamentals. I think theyre significanty overvalued and the payout ratio plus the fact that theyre on the brink of being a dividend king leads me to believe that the yield is being purposefully inflated and proceeding at an unsustainable rate | 0.011009 | 0.015252 |
lpe9fj | Should I be worried about $SPHD? | I have around $3,000 in SPHD that I contribute a few hundred dollars to every month and I also have the dividends set to re-invest. I was doing some research on the ETF and I saw that they have decreased the dividend this month slightly. The website also said their dividend policy was “decrease”. I am just curious if t... | -0.270593 | 0.004242 | dividends | I'm looking at Invesco's SPHD page, but not sure where it says there's a policy of decrease? Looking at the list of payouts from the last year I see it frequently fluctuating up and down within a fairly small range. | 0.011009 | 0.015252 |
rim1zj | Is AT&T a Bargain at $23.65? | Earlier this year, anticipating inflation and a downturn, I put 20% trailing stop loss orders on most of the stocks I own and those have kicked in for several of the tech stocks I had.
So now I’m sitting on a lot of cash - 28% of my portfolio - and I want to put some of it in dividend stocks to generate some passive ... | -0.270593 | 0.004242 | dividends | Although AT&T is reeling from losses resulting from the partial sale of DirecTV and the loss it will eventually book when it sells WarnerMedia to Discovery, the industry's headaches are more deeply rooted. What used to be near-monopolies have become commodity businesses. Consumers can purchase wireless service from... | 0.011009 | 0.015252 |
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