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Stock Thread 2019

easter bunny said:
This may or may not be the right thread to ask, but I will instead of starting a new one.

Given about $5k of extra cash to invest what's my best option?
- I can get a 1 year CD paying 2.7%
- Lending Club looks interesting and not too hands on. Seems real world returns are 4-6%
- Robo investor like Wealthfront or Betterment. No idea what returns could be like.
- Robin Hood and watch recommendations from all over. Seems to actively managed for my taste - putting buy orders and stop losses makes it a job and I'm not sure what returns might realistically be (especially if I take my eyes off it)

Thought? Experiences with any of the above?
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The market is volatile because nobody knows wtf to do.

Investing 3+ years I'd go with one of the S&P 500 index funds. Otherwise stay liquid with something like Ally Bank's 2% and wait for an opportunity.
 
rodr said:
The market is volatile because nobody knows wtf to do.

Investing 3+ years I'd go with one of the S&P 500 index funds. Otherwise stay liquid with something like Ally Bank's 2% and wait for an opportunity.
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Ha. didn't realize there was anyone still offerring something that at least keeps(ish) up with inflation. Opened an account.
 
Bezos getting divorced. What’s the impact to AMZN if wifie walks off with half the company. Not right that a spouse can take half a publicly traded company and negatively impact millions of investors.
Will be interesting to see it play out.
 
easter bunny said:
This may or may not be the right thread to ask, but I will instead of starting a new one.

Given about $5k of extra cash to invest what's my best option?
- I can get a 1 year CD paying 2.7%
- Lending Club looks interesting and not too hands on. Seems real world returns are 4-6%
- Robo investor like Wealthfront or Betterment. No idea what returns could be like.
- Robin Hood and watch recommendations from all over. Seems to actively managed for my taste - putting buy orders and stop losses makes it a job and I'm not sure what returns might realistically be (especially if I take my eyes off it)

Thought? Experiences with any of the above?
Click to expand...


it is a good idea to start a new thread to talk about where you can park your hard-earned money besides in the equity market right now. I am sure there will be lots of people interested in reading it
 
MikeGyver said:
Half? I believe Jeff owns less than 20%.
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True he doesn’t own half. He is the driving force behind it. Giving up 1/2 his fortune isn’t fair. She can live the lifestyle she’s had on a fraction of what the law says she’s owed.
 
Blankpage said:
Giving up 1/2 his fortune isn’t fair.
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What's fair got to do with it? The law is the law. We don't know what she'll get or how they will divide it. She might get half his net worth but not the stock. She might get half the stock but he'll still be the head of the company unless she wants to do something crazy like electing her own board members. She's got just as much riding on the future success of the company as he does so what makes you think their settlement will have any adverse effect?
 
So back to stocks.....

TVIX still dropping. I mentioned shorting it about a week ago. Keep an eye on that and PGC.
 
easter bunny said:
What's fair got to do with it? The law is the law. We don't know what she'll get or how they will divide it. She might get half his net worth but not the stock. She might get half the stock but he'll still be the head of the company unless she wants to do something crazy like electing her own board members. She's got just as much riding on the future success of the company as he does so what makes you think their settlement will have any adverse effect?
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Laws change all the time making things illegal that were once legal and vice versa. Yeah law is law and fairness is a matter of opinion, which everyone has and is entitled to give.
I suspect she'd be less concerned about the future success of the company than the guy who started it and runs it. She's set for life doing whatever she does, why would she care anymore than any other shareholder who made a killing and took the money and ran.
 
Blankpage said:
True he doesn’t own half. He is the driving force behind it. Giving up 1/2 his fortune isn’t fair. She can live the lifestyle she’s had on a fraction of what the law says she’s owed.
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I don’t think Jeff Bezos is too concerned about the money. He has said in the past there will be a day when you lose everything anyway.
 
rodr said:
Do you use them? Reviews give me pause...

https://www.depositaccounts.com/banks/reviews/cit-bank.html
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i personally prefer to go to a brick and mortar bank than an online only bank.

some of the comments made in the reviews are true. citibank's online experience is antiquated. because i bank with other banks it just feels like they are not investing to improve customer satisfaction in technology nor in the look and feel in their branches.

but to lock $20k into a cd at a bank doesn't take much time; closing out the cd account doesn't take much time either, the old fashioned way (in person). i have used them in the past and have no hesitation trusting them to grow my savings.
 
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rodr said:
Do you use them? Reviews give me pause...

https://www.depositaccounts.com/banks/reviews/cit-bank.html
Click to expand...

Yes, no problems. No problems funding the account. No problems withdrawing from it. No problems accessing it online, and no problems transferring money to it each month. No problems with history. No problems with statements, I download a .pdf of each statement every month. Plenty of records that I have made the deposit, and that it is there. Some of the complaints are silly: "I opened an account at 1% and it is now 2% and they don't automatically give me that." Doh. All he has to do is move the account to a new one.

I have no problems with them and recommend them.

As to problems, Citi bank lost $1500 from my account, and it took ten days to get it back, and way too many calls and visits. It was teller error. That's why I moved to Cit bank, and the fact that I earn more interest in one month at Cit bank than one year at Citi Bank.
 
afm199 said:
As to problems, Citi bank lost $1500 from my account, and it took ten days to get it back, and way too many calls and visits. It was teller error. That's why I moved to Cit bank, and the fact that I earn more interest in one month at Cit bank than one year at Citi Bank.
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:wtf:laughing

Edit: I'm dumb and read too fast. Didn't catch CIT Bank vs Citi Bank
 
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