Posts
Is anyone here bullish on SCMI?
Over the past week, I’ve read and seen half a dozen or more articles about SCMI being undervalued. I know they had some issues with accounting irregularities and delayed financial reporting. But all that seems to be resolved and they won’t be delisted. The financials look very good and tick …
Market getting negative due to Japan
It seems the spiking yield on Japan 10-40 year bonds is causing some mild panic. The speculation is that carry trade, which is to borrow yen at low interest rate to buy other equities, will soon unwind, leading to a sell-off of US equity and appreciating Yen, which causes further …
Compounding interest (sp500)
So I was looking at different ways to invest. A youtuber talked about the sp500 and how it returns \~9% each year. And I looked at the charts. It has held up true so far from back until (2010?) the year I started. However at this point the raw dollar …
Does anyone look at underlying indexes?
I just researched $MTUM which tracks MSCI USA Momentum SR Variant Index. When I poke around the SA site for viewpoints, I don't see any analysis of the underlying index, which has data going back to 2002. If one were to look at the data, they would see that it …
First-time investor looking for advice on deploying $300k in a market dip (XEQT and USD allocation)
Hey Reddit, I’m a first-time investor, and I have $300,000 ready to deploy into the stock market. I know it’s not wise to try and time the market, but given the current dip, I believe we might see more downside in the near future. So, I’m looking for some advice …
Do you recommend start investing if you are unemployed and have no income?
Hi everyone, I'm unemployed and I have no income. I do have bills and debt that I cannot afford paying off at the same time paying these thing and have no money. If I have $100 just to invest as my starting point, would you recommend investing or just take …
TSLA being investigated for cooking their books in Canada to snag EV rebates without selling cars. They claimed that just 4 dealerships sold 8,600+ cars in 3 days.
The article notes that **four Tesla dealerships claimed to have sold 8,653 Teslas in 3 days.** Assuming each dealership opens from 9AM-5PM, that's **90 cars sold per hour per dealership**. Investigation is ongoing and there has been no confirmation yet of official wrongdoing yet. Regardless of the findings, the case …
Robinhood 2% IRA match - is it a good deal?
Hi all - I was just wondering if anyone uses Robinhood for their IRA and have taken advantage of the 2% rollover match? In my case I stand to get almost $7500 for a $60 one year subscription to Robinhood gold and keeping my money there at least 5 years. …
Pattern Day Trader In A Cash Account
If I buy and sell the same option contracts more than three times in five days using a cash account would I be flagged as a pattern day trader? I'm asking because I was reading about the pattern day trader rules on FINRA and it sounds like it would be …
How to find cost basis of really old stock?
I had stock gifted to me when I was a kid (1990s) – known amount of shares, unknown cost basis. The shares were transferred over to me in the 2000s, without a cost basis included on the account. I recently sold them, and to prep for taxes, how would I …