Category: stocks
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Index Funds vs 401k for retirement
I am 31 years old and I haven't exactly been a responsible financial adult. I have absolutely nothing saved for my retirement, and about 60k worth of debt. Most of my debt is High interest loans, above 10%, so investing is currently off the table until I pay them off fully. But once I do…
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Looking for advice, currently down -12%
At the end of August my portfolio was down -6% my assumption was that while September will be bearish the first week should give me a little rebound so the plan was to sell all at around -4% loss and then go buy back in October. And here we are after the first week of…
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No 401(k) matching, invest in Roth IRA instead?
I started a new job today with a small construction management firm. In lieu of 401(k) matching, they offer company profit sharing (after 1 year). Instead of contributing to my 401(k), should I invest it in my Roth IRA (all in VOO) instead? Or another option?
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[Bloomberg] TSMC’s Arizona Trials Put Plant Productivity on Par with Taiwan
Taiwan Semiconductor Manufacturing Co. achieved production yields at its Arizona facility on par with established plants back home, an early indicator that its marquee US project is on track to achieve its targets. The Taiwanese chipmaker’s yield rate in trial production at its first advanced US plant is similar to comparable facilities in the southern…
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August job report is again significantly lower than expected.
August nonfarm payrolls drop to 142,000 vs the expected 165,000 with the unemployment rate rising to 4.2% meeting the expected 4.2%. This job report is the worst August job growth since 2017 This is compounded by July's disappointing job report and unemployment rate. Jerome Powell stated that the central bank does not seek or welcome…
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r/Stocks Weekly Thread on Meme Stocks Saturday – Sep 07, 2024
The meme stock scheduled posts will now run weekly and post Saturday afternoon and won't be a sticky; you're probably seeing this because automod sent you here! Full list of meme stocks here. This will be updated every once in a while. Welcome traders who just can't help them selves discuss the same exact stock…
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Sen. Elizabeth Warren writes a letter backing the DOJ investigation into Nvidia antitrust allegations
https://www.businessinsider.com/elizabeth-warren-backs-justice-department-nvidia-antitrust-investigation-2024-9 September 5 2024 Dear Assistant Attorney General Kanter. Competition is key to a thriving U.S. economy and faster economic growth. This is particularly true in the semiconductor market, which will drive future advances in artificial intelligence (AI) and other tech breakthroughs — the reason Congress provided $52.7 billion in support for the industry in…
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/r/Stocks Weekend Discussion Saturday – Sep 07, 2024
This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing…
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Marathon Digital (MARA) as a Bitcoin Proxy Play
I've been following Marathon Digital (MARA) and I'm curious about the community's thoughts on its potential as a Bitcoin proxy. Given its strong correlation with Bitcoin prices, I'm speculating that if Bitcoin returns to the $65-70k range, MARA could potentially reach the mid-$20s. What do you think about this projection? Are there any factors I…
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The AAPL Monday Morning arbitrage trade (codename 7senshino’s arbitrage)
Update: a user reminded me it's not an arbitrage, I agree with him. However I'm not able to update the post title, so I'm putting this update on the front here I'm sharing this old idea I had more than a decade ago. I bought AAPL around 2012. Then for several years, I would look…