Message from @Deleted User

Discord ID: 496884430569472001


2018-10-02 20:05:53 UTC  

robinhood to execute, think or swim to analyze

2018-10-02 20:06:08 UTC  

Very nice

2018-10-02 20:07:35 UTC  

I may redownload Robin hood soon. Because of /biz/, I became convinced that it was exclusively for pump and dump schemes

2018-10-02 20:08:04 UTC  

@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

2018-10-02 20:52:59 UTC  

@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>

2018-10-02 21:25:48 UTC  

interesting, have you any experience in using one?

2018-10-02 21:59:13 UTC  

@Deleted User congrats!

2018-10-03 00:09:56 UTC  

@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.

2018-10-03 00:12:20 UTC  

What's your ideal equity market look like?

2018-10-03 00:12:37 UTC  

I don't have much perspective being rather new

2018-10-03 00:59:20 UTC  

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 ...

2018-10-03 00:59:23 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/496848708302798848/image0.png

2018-10-03 01:00:39 UTC  

P/E ratios at record high levels, over 25 when average is closer to 15.

2018-10-03 01:01:02 UTC  

Housing index has surpassed 2007 peak.

2018-10-03 01:01:15 UTC  

Half of children are on food stamps.

2018-10-03 01:01:43 UTC  

Over half of the country does not have the cash to cover a $500 unexpected expense.

2018-10-03 01:02:18 UTC  

https://cdn.discordapp.com/attachments/352760194775777282/496849443388129281/image0.png

2018-10-03 03:16:16 UTC  

@ThisIsChris what are you thoughts about investing in desalination and other water treatment solutions companies?

2018-10-03 03:20:05 UTC  

I was going to write something off the cuff but unsurprisingly @SamanthaM has a well researched response 😁

2018-10-03 03:21:19 UTC  

Yes. These stocks are basically penny stocks, but I wonder if they are worth it. One of the biggest companies is in OY VEY.

2018-10-03 03:21:36 UTC  

lol

2018-10-03 03:22:12 UTC  

I'm going to read Samantha's thing before commenting

2018-10-03 03:22:46 UTC  

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.

2018-10-03 03:24:34 UTC  

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. 😃

2018-10-03 03:24:47 UTC  

Thanks @ThisIsChris !!

2018-10-03 03:25:44 UTC  

Thank you! The problem with energy companies, in my amateur opinion, is the Solyndra effect.

2018-10-03 03:26:24 UTC  

Alternative energy, I should say.

2018-10-03 03:27:14 UTC  

Good point. Great example of the Govt sinking money into a non-organic industry.

2018-10-03 03:27:31 UTC  

At least, in that specific case

2018-10-03 03:27:38 UTC  

I wish I had invested in wind thirteen years ago. My entire part of the country is full of windmills

2018-10-03 03:27:46 UTC  

I don't even notice them anymore

2018-10-03 03:27:52 UTC  

It’s a fad industry that can capitalize on the political winds.

2018-10-03 03:28:33 UTC  

@Wood-Ape - OK/MN yeah. So many wind farms in TX area too.

2018-10-03 03:28:57 UTC  

Are you thinking Facebook will rebound @SamanthaM ?

2018-10-03 03:30:51 UTC  

Eh, maybe. Not worth following too closely. I’d buy a couple dozen shares if it ever dipped below $150.

2018-10-03 03:34:40 UTC  

Might get a boost after the gics reclassification moves FB to “Communications Services”

2018-10-03 03:36:33 UTC  

One of the amazing things these days is that you can trade in "weather futures" and in "electricity futures"

2018-10-03 03:37:07 UTC  

Right! It’s fascinating what can be considered a commodity

2018-10-03 03:38:24 UTC  

...weather futures?

2018-10-03 03:38:29 UTC  

isn't that literally gambling?