Message from @Deleted User
Discord ID: 496884430569472001
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>
interesting, have you any experience in using one?
@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 !!
Thank you! The problem with energy companies, in my amateur opinion, is the Solyndra effect.
Alternative energy, I should say.
Good point. Great example of the Govt sinking money into a non-organic industry.
At least, in that specific case
I wish I had invested in wind thirteen years ago. My entire part of the country is full of windmills
I don't even notice them anymore
It’s a fad industry that can capitalize on the political winds.
@Wood-Ape - OK/MN yeah. So many wind farms in TX area too.
Are you thinking Facebook will rebound @SamanthaM ?
Eh, maybe. Not worth following too closely. I’d buy a couple dozen shares if it ever dipped below $150.
Might get a boost after the gics reclassification moves FB to “Communications Services”
One of the amazing things these days is that you can trade in "weather futures" and in "electricity futures"
Right! It’s fascinating what can be considered a commodity
...weather futures?
isn't that literally gambling?