Hey fellas
Hey fellas
What’s your favourite index fund and why
- QueenOfdestiny
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Re: Hey fellas
My IHI ETF is up 52% since I bought it.
- fightinfrenchman
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- Jaeger
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Re: Hey fellas
I'm financially illiterate and don't know what a index fund is.
Re: Hey fellas
Currently using Vanguard VAS and VTS ETF's. Super low fees, good dividends and growth.
“To love the journey is to accept no such end. I have found, through painful experience, that the most important step a person can take is always the next one.”
Re: Hey fellas
How do you guys feel about AIMT?
Re: Hey fellas
Spoiler alert: it’s the U.K. after a Corbyn government.n0el wrote:@Horsemen nice robin hood screen
Re: Hey fellas
Tesla seems like a meme stock to me. Alibaba is looking promising though.
Re: Hey fellas
Yeh, Tesla is a meme for Cali hipsters and Redditors that is probably not going to survive a decade.
At least not as a carmaker.
At least not as a carmaker.
Re: Hey fellas
I've got some money allotted for S&P 500 and Nasdaq index funds, but it's in cash because I want to wait for another recession scare so that I get maximum value. If you bought the dip during that stupidity last year around this time, you'd have made like 30%. Anyone else doing this?
- fightinfrenchman
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Re: Hey fellas
Buy lottery ticketsAmsel_ wrote:I've got some money allotted for S&P 500 and Nasdaq index funds, but it's in cash because I want to wait for another recession scare so that I get maximum value. If you bought the dip during that stupidity last year around this time, you'd have made like 30%. Anyone else doing this?
Dromedary Scone Mix is not Alone Mix
Re: Hey fellas
Sure but what if the dip doesn't happen for another 5 years?Amsel_ wrote:I've got some money allotted for S&P 500 and Nasdaq index funds, but it's in cash because I want to wait for another recession scare so that I get maximum value. If you bought the dip during that stupidity last year around this time, you'd have made like 30%. Anyone else doing this?
Dollar cost averaging is the way to go.
Re: Hey fellas
I'm not talking about a recession, just a nice dip like we've gotten occasionally the past two years.Horsemen wrote:Sure but what if the dip doesn't happen for another 5 years?Amsel_ wrote:I've got some money allotted for S&P 500 and Nasdaq index funds, but it's in cash because I want to wait for another recession scare so that I get maximum value. If you bought the dip during that stupidity last year around this time, you'd have made like 30%. Anyone else doing this?
Dollar cost averaging is the way to go.
Re: Hey fellas
What makes u say that?Dolan wrote:Yeh, Tesla is a meme for Cali hipsters and Redditors that is probably not going to survive a decade.
At least not as a carmaker.
- fightinfrenchman
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Re: Hey fellas
The head of the company is a psychorsy wrote:What makes u say that?Dolan wrote:Yeh, Tesla is a meme for Cali hipsters and Redditors that is probably not going to survive a decade.
At least not as a carmaker.
Dromedary Scone Mix is not Alone Mix
Re: Hey fellas
I think it's almost close to impossible to build a new carmaking company and be able to compete with the big established corporations like Daimler, Toyota, VW, GM, Ford, Nissan, etc. These companies are barely able to stay profitable, thanks to super-optimised global supply chains and mergers with other big manufacturers.rsy wrote:What makes u say that?Dolan wrote:Yeh, Tesla is a meme for Cali hipsters and Redditors that is probably not going to survive a decade.
At least not as a carmaker.
No wonder that Tesla hasn't been profitable as a carmaker for a long time and it barely manages to stay afloat. They also have lots of quality control issues that have been pointed out by consumers and have occasionally come to public attention when some of their cars simply caught fire or exploded spontaneously. They're basically discovering the hard way how difficult it is to compete on quality control with giants like the companies I've mentioned before. Having a billionaire as a founder is just not enough. Even Apple toyed with this idea of making cars and after a few years of prototypes and exploratory talks with potential allies, they gave up. They're one of the companies with the biggest reserves of cash in the world and that's not enough to turn your company into a major car manufacturer. It can take decades to build and establish a position on the market for such a thing.
Re: Hey fellas
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb fucking question again.
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