Message from @Ecarttev

Discord ID: 524421484714655752


2018-12-18 02:48:11 UTC  

@Ecarttev That's for sure! Do you trade options by the way?

2018-12-18 02:48:55 UTC  

I don't. I mainly do index investing for retirement.

2018-12-18 02:49:28 UTC  

Some times I'll take left over fun money and try individual stocks

2018-12-18 02:49:50 UTC  

Smart! Any stocks or industries that you like to follow?

2018-12-18 02:50:33 UTC  

Or particular indicies?

2018-12-18 02:50:52 UTC  

I usually stick with indicies too, but just short term trades with futures and options mainly.

2018-12-18 02:51:40 UTC  

I'm testing out ddf from Delaware Investments it's paid 10 cents amonth per share forever, and that seems to not be effected by price so much

2018-12-18 02:52:35 UTC  

Wow nice it seems to be pretty stable for a stock.

2018-12-18 02:52:57 UTC  

When you consider the consistent dividend too

2018-12-18 02:53:07 UTC  

What is it like an REIT?

2018-12-18 02:54:46 UTC  

oh I see, diversified equity portfolio

2018-12-18 02:54:49 UTC  

I think it has some REITs in it, seems to have dividend stocks in it . it seems that they way they can hold it that stable is that don't give more out in good times to hold in reserve for lean times

2018-12-18 02:55:36 UTC  

interesting! Yeah that dividend is great! 10 cents a share -> 1% paid out each month, that's like a 12% return each yeah. I might go ahead and pick some up too.

2018-12-18 02:56:07 UTC  

I keep it in my Robinhood "Play" account

2018-12-18 02:57:11 UTC  

haha sure why not. I did hear a recent scandal about RobinHood though.

2018-12-18 02:57:32 UTC  

YUP, that whole "Banking" thing

2018-12-18 03:00:31 UTC  

Yeah, did you notice how it was announced in kind of a rush on Thursday obviously without having their SIPC stuff in order yet? The rumor I've read, unreleased in any media outlets but seems to have been confirmed independently by screenshots on several forums, is that they were having a ton of tech problems last Wednesday, in particular they were trading Call options as Put options and vice-versa for a few hours on Wednesday. *If* that's confirmed true then RobinHood is on the hook for the money those people lost, and some people are speculating this "banking" account is a way for Robinhood to quickly beef up its cash to pay out to those people. This is apparently legal because their "banking" account is really just a kind of mutual fund that they make it easy to draw from.

2018-12-18 03:01:04 UTC  

Skeevy

2018-12-18 03:01:20 UTC  

There is always a catch, no free meals

2018-12-18 03:01:59 UTC  

Yeah, but from what I've read this is supposedly kind of legal because it's not a real bank but a fund investor. "No free meals" yeah exactly.

2018-12-18 03:03:45 UTC  

OOOOH. That's a black mark on them. in my eyes. Maybe I'll just transfer my stuff to my main Brokerage and close them.

2018-12-18 03:05:43 UTC  

Yeah I hate to come in and say one broker is better than another, but that was huge alarm bells to me. If you want a very cheap broker there's TastyWorks, or Interactive Brokers. But if you're only trading a few times anyway then any broker should be good. I have a TastyWorks account but I only use Schwab and TDAmeritrade.

2018-12-18 03:06:39 UTC  

Schwab is where I parked my Roth IRA.

2018-12-18 03:08:47 UTC  

Yep same here, it's connected to my bank account too which is pretty convenient

2018-12-18 15:43:04 UTC  

How do we feel about marijuana stocks and the direction of the industry in general?

2018-12-18 18:13:19 UTC  

Merchants of vice

2018-12-18 18:41:55 UTC  

@Papa Pizzagate some people I know have liked CJC, but they say not to buy now saying it is overvalued. That being said, my personal policy is no Chinese stocks and no Marijuana stocks. Not out of principle, but because I can't trust the books of commies and potheads.

2018-12-18 18:59:26 UTC  

Interesting theory. I feel like cronos is seriously undervalued given their growth, cash holdings, and their recent injection from Altria

2018-12-18 19:16:48 UTC  

@Papa Pizzagate hey to be fair I may regret my thought on their books, those crazy cannibis cravers have certainly created a cash cow, I just don't know anything if there's still room to grow

2018-12-18 19:17:51 UTC  

Yeah what are the ones I always hear about. Canopy, .."Tarp" I think, and CRON

2018-12-18 19:54:14 UTC  

I'll have to think about it, thank you.

2018-12-21 19:22:59 UTC  

For all the AAPL stock holders:

https://cdn.discordapp.com/attachments/352760194775777282/525755082050895894/image0.jpg

2018-12-21 19:41:30 UTC  

oosh yeah.

2018-12-23 06:31:12 UTC  

OTC is king now

2018-12-23 13:50:19 UTC  
2018-12-25 05:28:53 UTC  

@Papa Pizzagate "Tilray" was the other weed stock I was thinking of, not "tarp"

2018-12-25 07:05:19 UTC  

Interesting..

2018-12-25 07:05:37 UTC  

I hear slack wants to go public. In 2019

2018-12-25 21:33:39 UTC  

@Papa Pizzagate Interesting, their direct competitor, HipChat, is part of Atlassian, a suite of related development tools, which is publicly traded under TEAM. I wonder how a Slack stock would compare.

https://cdn.discordapp.com/attachments/352760194775777282/527237517381074964/Screen_Shot_2018-12-25_at_10.33.07_PM.png

2019-01-01 14:16:47 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/529664290676801537/unknown.png

2019-01-02 00:26:47 UTC  

Hey everyone

I’m doing some tax planning for myself in 2019 (I’m also a CPA), if anyone wants any advice on tax planning or just generally personal financial planning I’d be happy to discuss here or in DMs.