Nah. Just means Equifax will be bankrupted and no one gets a settlement.
Before the weekend the market had a small rally back cause the DOW had better earnings then expected.
Which share should I buy: Amazon or Google? Both are approaching 1k, but thereās been a downturn in the market for both currently.
I bought Disney because I like them long term. They really need to just sell ESPN and market their streaming services to compete with Netflix. Star Wars/Marvel outlook remains optimistic. It also helps (for me at least) that they have been -7.70 something percent last couple of months, so I can get in cheap
So, I can dispute all my bad marks???
amazon, that is too easy. google is a strong stock too, but it wont grow nearly as fast as amazon IMO. and Disney is indeed being weighed down by espn, but i would buy netflix over disney anyday.
I also think Google seems to have a ton of cash and not really any plan on what to do to grow in any way outside of their current model. Amazon just bought whole foods and is reinvesting a ton of cash into their business because they have a plan to keep expanding.
You guys all have shares in Amazon right? I have to wait until Monday so that the rest of my funds gets transferred, but I hate the idea that Iām missing out on this shit because they just had a great day (17.02+ wtf).
I wasnāt going to buy Netflix, but it wasnāt too long before I caved in. Cable Subscribers are almost non-existent nowadays and streaming seems to be the new thing now. Disney will eventually drop ESPN by selling it off to someone and they will have more time to focus on their streaming services in order to compete with Netflix. I think it puts me in a good position to own both atm, especially with Star Wars: TLJ coming out. The only other thing in my portfolio is the Baba Alibaba group, aka āThe Chinese Amazonā lmao. Iām buying the hype as itās SUPER hot right now in returns, so this combined with Amazon are going to be clear cut my bread winners for the rest of the year if everything remains the same.
Anyone here have rental properties? I was thinking of getting another house for rental.
Iām going to try to put 2K in this portfolio, and Iām focusing on those big names like Microsoft and Facebook etc. etc. but I dunno if I want get some oil stocks going or some health stocks. I need to research some of the more popular ones, and see whatās on the downturn because I like to buy them when they are dipping obviously and everyone just freaking out. That way, I can get them cheap.
The setup right now looks pretty decent, in the next few months we will see lol.
Check out this dudes podcast before you invest. I was just browsing around that Motley site since I finished the latest podcast and found em.
Has a lot insightful stuff. Basically reviewed the ālow riskā stocks he picked last year and see how itās going now. Well worth the listen imo.
if you ever want to know what the big market cap popular stocks are for each sector like energy, healthcare etc, look up at that sectorās SPDR ETF. for instance, for energy(XLE) the top 5 holdings by weighting for that ETF are:
Exxon
Chevron
Schlumberger
Conocophillips
EOG Resources
SPDR ETFs are some of the most popular traded ETFs on the market, and the stock rankings for that ETF are determined by their weighting(how many shares that ETF holds of each particular stock that composes said ETF) so its safe to say an ETF can affect said stocks and said stocks could affect the ETF on a daily basis.
i dont know if everyone does it, but i have a watch list specifically set up to follow each sector ETF so that i can have a daily view of what is actually moving the market or just what sectors are people pouring money into, so if a sector is hot, more than likely the top 5 stocks of that sector will also look bullish.
@Ephidel
Iād split it to be honest; 50% Amazon 50% Google. Amazon is expanding like cray and they have the distribution part on lock down to handle whatever new business venture they get into. Alphabet aka Google has so much money they are investing on errthang.
What I ended up doing instead is going for some portfolio diversification by getting into different sectors around tech, food, and health (my focused at first was on streaming). Amazon and Google will both be there for me to grab later on.
NVDA is super hot right now, once it takes a dip I will purchase some shares because tech is just going to boom even more. I bought AAPL while everybody is freaking out over the iPhone announcement, and UPS is good too. I bought 2-3 shares of UPS actually because Amazon works with them everyday and that stock is just going to keep blowing up.
For food I went DPZ (Dominoās) because pizza is so popular and they are consistently rising everyday. I bought two shares of Shopify, and 3 shares of AMD. Thereās so much Iām looking at right now, itās just crazy lol. But anyway, today earned me +8.59 so Iām pretty optimistic about how Iām setting everything up. I also bought Johnson and Johnson.
My tech bias would say go with Google but Amazon is killing it right now. My view is that they bought Whole Foods on the cheap for 3 billion. It could be that knew something about the value of Whole Foods that their competitors didnāt know and that their stock value was overpriced. They brought more leverage to the table. Disney is a great pick for the long term. And its at reasonable price right now-not too high.
A good stock right now that no ones talking about is Equifax. The stock is tanking-which is good because I can buy it on the cheap. Thatās why I canāt understand why the executives sold because the stock will recover and correct itself once all this shit passes over. Iām just waiting to buy it lower.
I think in general buying a PR disaster at the bottom is a good strategy, but the only issue is you have to time it just right so you catch the knife by the handle and not the blade.
nvda is a good idea, i myself have been playing AMD all year, its such a volatile stock, so ive been buying low, selling high on it all year, im currently in it again, its easily the stock that has given me the most gains this year.
I really hate buying stuff thatās hot on the market (jacked up price), but I needed NVDA in my portfolio asap. Iām going to restructure this entire thing actually.
The shares Iām getting rid of are UPS and Disney.
I like UPS dividends, but Boeing pays 0.08 percent higher dividends, which I plan on replacing it with. Boeing is still more pricey though, which I donāt like, but itās outpacing UPS returns by far. Tech is just dumb right now, most portfolioās are built around all this technology coming out and gadgets. Plus, Iām in the military and I see what they are doing, so it just makes sense lol.
Disney is just too inconsistent. I could hold on to this stock until Marvel/Star Wars comes out, but whatās the point? ESPN is toxic, movies arenāt selling like they used too, thereās just no point to this anymore when I have Netflix. I still agree that Disney is a great long term investment, but Iād rather buy it when I see changes approaching than look at my graph jumping up and down. I might replace Disney with Microsoft, or just something way more stable.
Goddamn it; forgot to save the article I was reading over the weekend but apparently another ruling is happening end of this week for another attempt at a bitcoin-based etfs. It will be the third attempt here in the US; the first ones were SolidX and WinkleVoss Bitcoin Fund ETF(though they are requesting for a re-review which has been approved). Anyways, looks like REX is another firm looking to form a bitcoin-based etfs.
https://www.coindesk.com/etf-firm-rex-seeks-sec-approval-bitcoin-derivatives-fund/
For those interested in Bitcoin and dont want to actually buy the coins themselves but still want it in your profilo.
Mining 100 BTC a month and added more rigs. I got in when it was 1 dollar.
Thing I would be most worried about is John McAfee pocketing all the bitcoin for himself and bouncing. Though I think Bitcoin will hit a 8-10k mark by the end of the year.
Reason for the drop. Bitcoin had a crash when JPMorgan big wigs was talking shit about Bitcoin and China banning exchanges caused massive sell offs. Was at 5k then dipped to 2980. Thats when Europe JPMorgan starting buying into crypto.
Atm its 4k -ish.
MGTI quick info:
Dat 52-week doeā¦ : .46 cents --> $4.26
John McAfee is an āinterestingā fellow to say the least; some days he is a visionary and other times he seems like a complete nut job. Hmm maybe he cleaned up his act.