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The stock market

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Huh. I should have checked first. Buddy told me Best Buy was offering the Pixel for $400 but I can't verify that now.

He was probably thinking of the Nexus 6p (is that right? i forget google's naming schema), which is considerably cheaper but is a year old and wasn't a flagship phone when it released.

 

The Nexus devices were always much cheaper than the iPhone but they were never meant to be flagship devices. They were nice devices, definitely, but not top-tier hardware.

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  • Brock Beauchamp
    Brock Beauchamp

    High fives, Mike. I'm in on Disney, Netflix, and Amazon. Amazon and Netflix in particular.   Patience is really the key with the market, IMO. I sat on a stagnant Amazon around $300 per share for over

  • Willihammer
    Willihammer

    I tend to side with Mike but could see selling too. Heard this market described as a "hated rally." The real question to me is what do you mean you're not working? TD just had 100,000 page views and d

  • Several fund managers are high on it.

 

Huh. I should have checked first. Buddy told me Best Buy was offering the Pixel for $400 but I can't verify that now.

It appears it's $300 with a new 2 year contract.... Still $799 retail price. I'm going to be on the market for a new cell phone after the holidays, and the Google Pixel is on the radar. 

I know for damn sure I'm done with Samsung. 2nd time getting a Galaxy iteration, and both models have started to fail 1.5 years after purchasing the phone. 

 

It appears it's $300 with a new 2 year contract.... Still $799 retail price. I'm going to be on the market for a new cell phone after the holidays, and the Google Pixel is on the radar. 

I know for damn sure I'm done with Samsung. 2nd time getting a Galaxy iteration, and both models have started to fail 1.5 years after purchasing the phone. 

What about an iphone?

 

What about an iphone?

iPhone is certainly on my radar too.. The biggest issues with Samsung is their battery life and overheating issues... I constantly close running apps in the background, and limit to 4-5 apps installed. Still doesn't matter. The battery is nearly drained by the end of the work day with average use (internet and phone calls mostly), and constantly overheats in my pocket. 

It really shouldn't be that hard to build a phone that can last a full day without charging it.... Ugh. 

I'd avoid the iPhone 7. If you want an iPhone, wait for iPhone 8. It's going to be a huge redesign for the tenth anniversary of the device.

 

The early rumors are no home button, entirely glass phone with an edge-to-edge screen. The home button, touch ID, and all that jazz will be baked into the screen itself.

Strongly considering selling every stock in my retirement accounts Monday....at worst I lose a few points of gain. At more worst, I keep from losing twenty it thirty percent next week

Strongly considering selling every stock in my retirement accounts Monday....at worst I lose a few points of gain. At more worst, I keep from losing twenty it thirty percent next week

It's not a terrible idea but I'm not ready to pay tax on my gains all at once.

 

Plus, I'm still confident Clinton will win on Tuesday.

No tax on retirement accounts....And even if Clinton wins there could be issues

No tax on retirement accounts....And even if Clinton wins there could be issues

Ah, didn't realize you were talking about retirement accounts. Missed that when I responded.

I am expecting a huge drop if Trump wins and a significant (but short-lived) pop if Clinton wins.

 

Overall, I am bearish and holding about 50% in cash, waiting for the next 2008 level crash. I am also wary of any company that is paying a dividend less than 2% and that is not both profitable and growing.

 

Over the long run, I believe that the best investment will likely be apartment buildings, but real estate values go in cycles and we are at an all-time high.  I invest through syndications, because I don't want the management burdens, and my overall returns have exceeded 15% per year.  However, I have passed on these opportunities for the past two years or so, because I think that a major pullback is likely. That said, I have a buy order on APTS on the theory that it should do well over the long run.

If I didn't have some issues going on, I'd be buying RE or into a private trust right now for sure, even with prices too high....

Good thing I didn't sell this am.......

 

have a meeting with my advisor in a bit...

Today is a lesson in emotions, and investing....

 

If I didn't have some issues going on, I'd be buying RE or into a private trust right now for sure, even with prices too high....

Please be careful with that. If Trump wins then real estate could drop like a stone.

 

Please be careful with that. If Trump wins then real estate could drop like a stone.

 

I'm not buying anything if trump wins...

Today it may make sense to buy stock in companies that have billions of dollars overseas that the Republicans will allow them to repatriate at a low tax cost.

If you are a long term player, you may want to invest in companies that clean dirty air, soil and water....

  • Author

I think, unless we see a real deal, we're going to collect cash for a bit and reexamine investment opportunities after next summer.  I tend to think the market will be lower a year from now.

I expect YUGE deficits by year 2 and 3......so I'll be looking at what happens in those kinds of markets. I also expect a world wide recession in the next 4 years, not sure when.

ON a P/E basis, Russian stocks are 80% discounted relative to American stocks. I'm looking at Yandex, and Russian banks. If Trump is buddy buddy with Putin, we could see movement on Russian sanctions.

 

If you are a long term player, you may want to invest in companies that clean dirty air, soil and water....

Think I'll be investing in Guy Fawkes masks. I see a booming market.

 

Think I'll be investing in Guy Fawkes masks. I see a booming market.

 

I have been typing "there will be a revolution in our children's lifetime" for months, years.....

 

I have been typing "there will be a revolution in our children's lifetime" for months, years.....

You've convinced me in the time here I've known you. How's that for opening my mind a bit?

  • Author

 

ON a P/E basis, Russian stocks are 80% discounted relative to American stocks. I'm looking at Yandex, and Russian banks. If Trump is buddy buddy with Putin, we could see movement on Russian sanctions.

I probably wouldn't touch Russian stocks unless you're trigger happy with when to sell them.  Russia's underlying economic troubles are legit and frightening and just being buddy buddy with the US President isn't going to fix those problems.  We might see some movement based on things like expectations and hope but probably not on the fundamentals.

 

* Remember, I'm just some idiot on the internet and know nothing.

anyone follow me into NVIDIA at the beginning of the year? Or later? Or even yesterday?

 

Seriously, it is insanely high....but it will go higher (assuming there is no recession to drag down the whole market).

Yes I have been on Nvidia for a couple years. It will keep going higher.

 

Awesome day today though!

I wish I had bought into Nvidia but I'm so tech heavy that I was wary about going deeper into that market.

 

But, excluding Tesla, my lowest tech stock gain is Google at roughly 50-60% gains so it's not like I have much room to complain.

What's the trading platform of choice for those who are relatively active?

 

What's the trading platform of choice for those who are relatively active?

I use etrade and Schwab, and prefer etrade.

Fidelity for me. Partly because my company's retirement is managed there

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