Message from @Deleted User
Discord ID: 496794961803477026
What can we expect to see from this?
@Deleted User stock market went up over night. In the deal it's probably better for the US, although Mexico/Canada are going to be happier with this than no deal at all
Anyone following the shakeup in GE leadership? New CEO, Lawrence Culp, is the first outsider in 126 years.
@SamanthaM yeah I've been following it a bit but I didn't know about that. What do you think? When I was a kid my dad used to tell me GE has some of the smartest people, so when I started investing in the early 2010s I looked into it, but it was already struggling for years at that point. Any thoughts?
Your dad is right, they have great people. The company, however, has been in decline since 2000. They’re a huge conglomerate with subsidiaries in nearly unrelated industries. It’s an unsustainable model.
Would be better if GE were to break up and create smaller holding companies based on its 10 basic segments.
are there any professional investors in IE?
i'd like to "hire" one of our own to invest my money
If you don't find one, consider robo investing. I learned about it from my graduate-level investment finance professor.
It takes all the mathematics that investment managers follow and automates it, assessing your risk tolerance and allocating accordingly.
I've met one I beleive at an IE speaking event, not sure his discord.
@SamanthaM may be able to help you out
Whelp, I'm just about done completing my first month of real trading with an account up 11.5%.
not terrible?
Not at all. Robinhood?
robinhood to execute, think or swim to analyze
Very nice
I may redownload Robin hood soon. Because of /biz/, I became convinced that it was exclusively for pump and dump schemes
@Tanner - SC my only questing about robo-investing is, if it works so well, why are people selling it for a buck instead of hoarding it for themselves haha
@Deleted User robo-investing’s value proposal is not that it beats the market. That’s the value proposal of hedge funds, among other things. The value proposal of robo investing is that it automatically aligns your risk tolerance along the optimum sharpe ratio ... **with the lowest fees humanly possible** and without human bias. So if you want 75% of the risk of a well-diversified portfolio, it does the diversification for you and it does the 75% allocation for you.
<https://en.m.wikipedia.org/wiki/Sharpe_ratio>
@Deleted User congrats!
@Deleted User no sir. I don’t like bonds nor the current state of equities, but I like learning about investing and recommend robo for most people over human manager (index fund is another option). If/when I get back into equities, that’ll be one of my first destinations. I’m impressed with what I’ve seen.
What's your ideal equity market look like?
I don't have much perspective being rather new
Bonds are Jewish instruments to steal income from future generations to pay profits to investors today.
As for equities, the current political environment is very unstable. The country is also in extreme debt. Beyond that ...
P/E ratios at record high levels, over 25 when average is closer to 15.
Housing index has surpassed 2007 peak.
Half of children are on food stamps.
Over half of the country does not have the cash to cover a $500 unexpected expense.
@ThisIsChris what are you thoughts about investing in desalination and other water treatment solutions companies?
I was going to write something off the cuff but unsurprisingly @SamanthaM has a well researched response 😁
Yes. These stocks are basically penny stocks, but I wonder if they are worth it. One of the biggest companies is in OY VEY.
lol
I'm going to read Samantha's thing before commenting
The Saudis are screwed. They have a ton of desalination plants. Everyone in the region will be breaking down their gates in the next 50 years.
Check out the First Trust ISE Water Index Fund (FIW) ETF and the Guggenheim S&P Global Water Index ETF (CGW). Both are composed of companies (generally small/mid-cap-ish) involved in the infrastructure of water. 😃
Thanks @ThisIsChris !!