The Market 2021

[dscher]

Thanks, it does help.

I've thought about using a stock broker but I don't want to get ripped off. I guess I'm looking for a stable fund to put some money that is diversified.

I think if this is the direction you're wanting to move towards...I would personally have no problem looking into target date funds from a reputable service. (vanguard,pimco, fidelity, etc) They will give you stock/bond diversification and not expose you too much stock volatility(that I think will be massive at some point imo) They can net you anywhere in the range of 3-8 percent over time and provide the ability to keep up with rising inflation and then some. Im personally not the best person to look towards if your looking for stock market positivity and viability over the long term though. So I have my money in bonds right now in our retirement accounts.

 

[elindholm]

IMO, a stock broker isnt that helpful vs learning it and understanding it on your own. Based on this post, I would recommend ETFs. ETFs are index funds, just like retirement.

There are targeted ETFs also, though, like Cathie Wood's ARK suite.

I like ETFs when I want to cover a mini-sector but don't want to have to choose one stock over another. So for example one I hold is KBWP, which is insurance: AllState, AIG, Progressive, Travelers, etc. I think the industry is a good place to invest and want broad coverage. You get some downside protection against a single company tanking, but on the other hand the whole fund isn't going to spike 50% in a month either. KBWP is up 17% YTD, which isn't spectacular but which is solid enough.

 

[Devilmaycare]

Thanks, it does help.

I've thought about using a stock broker but I don't want to get ripped off. I guess I'm looking for a stable fund to put some money that is diversified.

If that's what you're looking for I'd take a look at the Vanguard Funds and ETFs. They perform well and have low fees. Look through them for one you like the diversification on. Maybe look to buy a few of them that hit different market segments too. It'll protect a little if one segment gets hammered like growth stocks did a couple months back.

If you want to gamble a little bit more pick out a couple stocks to play with too. This can be in addition to the funds. My current gamble play is IPOF. It's trading at only about 10.20 right now ($2 for warrants) which is just above NAV. So the downside is pretty low but it could easily take off when a DA is announced. I'm hoping that's in the next couple of weeks since IPOE just completed and got its ticker change. Latest rumor has had its merger tied to Impossible Foods. It's all rumor though until we get an actual announcement.

 

[Mainstreet]

If that's what you're looking for I'd take a look at the Vanguard Funds and ETFs. They perform well and have low fees. Look through them for one you like the diversification on. Maybe look to buy a few of them that hit different market segments too. It'll protect a little if one segment gets hammered like growth stocks did a couple months back.

If you want to gamble a little bit more pick out a couple stocks to play with too. This can be in addition to the funds. My current gamble play is IPOF. It's trading at only about 10.20 right now ($2 for warrants) which is just above NAV. So the downside is pretty low but it could easily take off when a DA is announced. I'm hoping that's in the next couple of weeks since IPOE just completed and got its ticker change. Latest rumor has had its merger tied to Impossible Foods. It's all rumor though until we get an actual announcement.

I'm getting some good information to chew on. That's for your input.

I will probably be looking at Vanguard Funds and ETFs.

 

[Folster]

I'm getting some good information to chew on. That's for your input.

I will probably be looking at Vanguard Funds and ETFs.

Before you look at any funds it's important to understand your goals for the specific money you are investing. Consider your time horizon (when you think you may need the money) and your tolerance for risk.

Short term or emergency funds needed in the next couple years or less should have limited to no exposure to market risk.

Longer term goals can allow for greater risk taking but you have to be able to weather the storm of bad markets when they come or you'll sell while the market is down and be in worse shape than the guy who parked his money in cash.

Whether you are a moderate risk taker and average 6-8% or a more aggressive investor that averages 8-10% is not as important as what you do in 2008 or 2020. Those who sell when the market is down 20, 30, or 40% will never realize their potential long term averages.

 

[Mainstreet]

Before you look at any funds it's important to understand your goals for the specific money you are investing. Consider your time horizon (when you think you may need the money) and your tolerance for risk.

Short term or emergency funds needed in the next couple years or less should have limited to no exposure to market risk.

Longer term goals can allow for greater risk taking but you have to be able to weather the storm of bad markets when they come or you'll sell while the market is down and be in worse shape than the guy who parked his money in cash.

Whether you are a moderate risk taker and average 6-8% or a more aggressive investor that averages 8-10% is not as important what you do in 2008 or 2020. Those who sell when the market is down 20, 30, or 40% will never realize their potential long term averages.

I'm probably a moderate risk taker but I also realize CDs and money markets are losing money to inflation.

 

[Finito]

https://m.worldstar.com/web/video.php?v=wshhCY5Yej28z7ZkaKYO

 

[Devilmaycare]

https://m.worldstar.com/web/video.php?v=wshhCY5Yej28z7ZkaKYO

Oh, no. I better sell all of my TSLA stock first thing Monday morning.

 

[Finito]

Oh, no. I better sell all of my TSLA stock first thing Monday morning.

i think Elon is bullet proof. His fanboys ain’t going nowhere I just thought it was interesting

 

[Devilmaycare]

i think Elon is bullet proof. His fanboys ain’t going nowhere I just thought it was interesting

Oh, I get it. I forwarded it to a huge fanboy that I work with to tease him. My reply was in the same sardonic tone that I was giving him over it. A video like that is more of them peacocking than anything. If they were serious they'd just hit him and then show the world.

 

[dscher]

Oh, I get it. I forwarded it to a huge fanboy that I work with to tease him. My reply was in the same sardonic tone that I was giving him over it. A video like that is more of them peacocking than anything. If they were serious they'd just hit him and then show the world.

He better stop taking to Twitter about Bitcoin so he doesn't upset his tsla stock fanboys in the process..

https://www.ibtimes.com/tesla-stock-bitcoin-price-correlation-revealed-whats-common-link-3047817

 

[dscher]

Per Morgan Stanley.

You must be registered for see images attach

 

[elindholm]

Per Morgan Stanley.

That's a chart I can get behind. When you're talking about an entire index instead of an individual stock, the psychology of how traders are interpreting market moves becomes more of a factor.

I'd like to see the last year or so of the S&P 500 on a log scale. Several sites claim to offer that, but I haven't found one that actually does it -- either the site doesn't work at all, or their "log scale" isn't a log scale, or the graph is cluttered with a whole bunch of other nonsense trend lines, making it impossible to read. It might be that chartists don't know what "log scale" actually means.

 

[dscher]

That's a chart I can get behind. When you're talking about an entire index instead of an individual stock, the psychology of how traders are interpreting market moves becomes more of a factor.

I'd like to see the last year or so of the S&P 500 on a log scale. Several sites claim to offer that, but I haven't found one that actually does it -- either the site doesn't work at all, or their "log scale" isn't a log scale, or the graph is cluttered with a whole bunch of other nonsense trend lines, making it impossible to read. It might be that chartists don't know what "log scale" actually means.

Stockcharts.com has a free basic charting platform that comes standard as log scale. You can narrow in on different time frames(daily,weekly, monthly) as well fairly easily.

 

[elindholm]

Stockcharts.com has a free basic charting platform that comes standard as log scale. You can narrow in on different time frames(daily,weekly, monthly) as well fairly easily.

Good to know that it's out there, but I'm not willing to register for an account.

 

[dscher]

Good to know that it's out there, but I'm not willing to register for an account.

Try this one...

https://stockcharts.com/h-sc/ui?s=spy

 

[elindholm]

Try this one...

https://stockcharts.com/h-sc/ui?s=spy

Right, not a log scale -- the y-axis is equally spaced arithmetically (380, 385, 390, etc.) rather than geometrically.

 

[dscher]

Right, not a log scale -- the y-axis is equally spaced arithmetically (380, 385, 390, etc.) rather than geometrically.

I don't know man. It should be checked off right below the chart as 'log' not arithmetic. Stockcharts is a pretty reliable source for good quality charting.

 

[elindholm]

I don't know man. It should be checked off right below the chart as 'log' not arithmetic. Stockcharts is a pretty reliable source for good quality charting.

Yes, I see the check box, but it's not a log chart. Can you screen shot a log chart? Maybe the check box works only for subscribers.

Edit: Here's one for the DJIA, although it's nowhere near as current as I'd like. But you can see the correct scaling along the y-axis.

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[dscher]

Yes, I see the check box, but it's not a log chart. Can you screen shot a log chart? Maybe the check box works only for subscribers.

Edit: Here's one for the DJIA, although it's nowhere near as current as I'd like. But you can see the correct scaling along the y-axis.

You must be registered for see images attach

You must be registered for see images attach

This is a daily/log chart. I dated it back a full year from today on my charts for ya since you were interested.

 

[dscher]

Yes, I see the check box, but it's not a log chart. Can you screen shot a log chart? Maybe the check box works only for subscribers.

Edit: Here's one for the DJIA, although it's nowhere near as current as I'd like. But you can see the correct scaling along the y-axis.

You must be registered for see images attach

I know that screenshot didn't turn out well. But they look the same as the free version to me. I found this... Most short term traders will use arithmetic while log are better at smoothing out longer term price action.

https://stockcharts.com/articles/ma...tween-a-logarithmic-and-arithmetic-chart.html

So maybe honing in on the daily charts will yield similar results while the weekly and monthly will differ. Hope this helps.

 

[elindholm]

Hope this helps.

It does. It confirms for me that most charters don't know what a log chart is, which is what I suspected.

 

[dscher]

It does. It confirms for me that most charters don't know what a log chart is, which is what I suspected.

Lol. Fair enough. I'm sure a major stock charting platform has it wrong anyhow..

 

[BigRedRage]

I charted a few logs this afternoon

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[dscher]

I charted a few logs this afternoon

Sent from my SM-G998U using Tapatalk

Sounds way more exciting.