Posts
If 4 in 7 stocks underperform Treasury bills, why do equally-weighted portfolios still do so well?
[This study](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2900447) shows that 4 in 7 stocks underperform Treasury bills, and that only 4% of stocks are responsible for the entire net wealth creation of the market. If this is true, doesn't it seem contradicting that the S&P 500 Equal Weight Index still has a competitive performance? Additionally, take …
HIMS really checks all the boxes for me. I would love to hear other opinions
I really like HIMS for several reasons. 1 it's a subscription service so repeat business. 2 it is sticking. People tend not to change medical providers 3 they are increasing total users 4 they are increasing how much each user pays 5 they serve mid and lower income households. There …
First Chicago Trust Co of NY
I received a letter notifying me of unclaimed funds in the state of NY in the name of my Grandmother (died in 1977) and my Mom (died in 2006). I contacted the NY office and filled out the paperwork to get the claim started but all they could tell me …
Step father wants to set up UGMA for my daughter...
My mother's husband (who is a financial advisor) called me today to say that he wants to set up an UGMA/UTMA for my daughter (who is a baby). He asked for her SSN so he could do this and set it up with my mother (his wife) as the custodian …
What would you do at 23yo with $100,000?
I won a large lawsuit settlement, see here: https://www.reddit.com/r/JapanFinance/s/fibWwQPjTt I don’t live in the U.S. anymore so financial account considerations will be difficult unless someone here knows that tax space, but specifically what would you invest in? I was thinking VOO but I’m wondering if anyone has other ideas/potentially higher …
Anyone use Wahed Invest? Not sure if good
I’ve been using Wahed Invest for the past few months, but I’m not really sure it’s doing much. I see the earnings as a minus amount and I don’t know where it goes. I don’t really feel like the company is actually as great or developed as it’s marketed itself …
Are these index funds too risky?
Hey everyone, I'm 24M, opened a Roth IRA, and contributed my first 7k. I’ve been doing some research and picked a few Fidelity index funds with the highest returns so far: FSPGX, FNCMX, FNILX, and FXAIX. Now I’m trying to figure out which ones would be the best fit for …
Estimating Country Risk for Iran?
Hey, I'm trying to figure out how to estimate the country risk premium (CRP) for Iran, and it's a real headache. I know Damodaran uses the Political Risk Score (PRS) to calculate CRP for countries that don’t have CDS spreads, credit ratings, or reliable USD bonds. But honestly, PRS seems …
FIFO vs Average cost which would be better for long term
I have been investing in Lightyear for over 1.5 years and they just came out with their tax reporting system so I have to choose my profit and loss calculation method between FIFO and Average cost but I don't know which one to pick because I currently plan on just …
Are their ways to make long-term bets vs a company or industry?
Okay, so here's the idea: I know how shorting works (kinda) and puts (kinda)... BUT, I don't think they make sense for long-term. I'm looking for something on the flip-side of a buy and hold lol. Does that make sense? Like, if you expect a company to do well over …