Stock Market

[uncle_vito]

You Jag Offs stop talking about crap off topic and clean up in the market. I am backing up the truck.

[Scream]

On Thursday, November 30, 2023 at 3:20:17 PM UTC-8, uncle_vito wrote:
> You Jag Offs stop talking about crap off topic and clean up in the market. I am backing up the truck.

You won something that needs a truck?
😎

[uncle_vito]

SharkNinja. SN.

[Alan Bowler]

Well this month I added something boring. Power Corp (POW.TO)

[uncle_vito]

Good luck!

[Alan Bowler]

New Year.
Bought ZCN-T (Canadian index ETF) for my TFSA
Bought EFA-N (EAFE index ETF) for my regular investment account

I've reached the age where I need to make mandatory withdrawals
from my RRIF , so last month I withdrew the Enbridge (ENB)
shares to ,y investment account an swept the accumulated cash
out to cover some of the taxes on the RRIF withdrawal. So I did
not have any accumulated cash in the RRIF to but anything this month.

Terms
TFSA Tax Free Savings Account (think improved Roth)
RRIF/RRSP Retirement savings account (improved IRA).

[uncle_vito]

Good on you. I just got back from a 11 day cruise on the south caribbean from Barbado thru the Panama Canal. Luckily no Houti drones.

[Blueshirt]

Alan Bowler wrote:

> New Year.
> Bought ZCN-T (Canadian index ETF) for my TFSA
> Bought EFA-N (EAFE index ETF) for my regular investment account

January 2024 saw some S&P 500 ETF investment and another lump sum in
to an iShares Core MSCI World ETF.

Just for the fun of it...

[Blueshirt]

uncle_vito wrote:

> Good on you. I just got back from a 11 day cruise on the south
> caribbean from Barbado thru the Panama Canal. Luckily no Houti
> drones.

Hopefully the problem is sorted by 2030, as all going well my cruise
is planned for then! :-)

[Stephen O'Connell]

In article <uoecc8$3847o$1...@dont-email.me>, blue...@indigo.news
says...

Whilst on the subject of ETF's, why are so many ETF's in Europe
domiciled in Ireland when the Irish government - with it's
taxation policy on ETF's - makes ETF's undesirable for Irish
people to actually invest in them?

[Stephen O'Connell]

In article <ba605adb-820d-4804-b365-
ce8b65...@googlegroups.com>, ramp...@gmail.com says...
>
> Seems MISC.INVEST.STOCKS is dying.
> Is there another site dedicated to Investment STOCKS ?

On Usenet? I don't know. But the Bogleheads forum seems to be
quite popular.

https://www.bogleheads.org/forum/index.php

> Ideas?

What do you want to discuss? MSFT & AAPL? Emerging markets?
ETF's for retirement?

Have your say and see who replies...

Although if you are a Google Groups user then there's not much
point, as Usenet access from Google Groups finishes in ten days
time!

[Alan Bowler]

On 2024-01-15 7:52 p.m., Alan Bowler wrote:
New month
I added XRE-T (Canadian REIT index ETF) to my regular account.

There's not enough free cash in the other accounts to make it
worth buying anything yet.

[root]

Stephen O'Connell <stephen...@usenet.ie> wrote:
> In article <ba605adb-820d-4804-b365-
> ce8b65...@googlegroups.com>, ramp...@gmail.com says...
>>
>> Seems MISC.INVEST.STOCKS is dying.
>> Is there another site dedicated to Investment STOCKS ?
>
> On Usenet? I don't know. But the Bogleheads forum seems to be
> quite popular.
>
> https://www.bogleheads.org/forum/index.php

Bogle says buy VOO etf and let it ride. What else is
there to talk about?

My grandson follows things on Reddit.i

I don't think I have ever seen anything more than
"bought XXX today", or something about Von Neuman
game theory on this news group.

>
>> Ideas?
>
> What do you want to discuss? MSFT & AAPL? Emerging markets?
> ETF's for retirement?
>
> Have your say and see who replies...

Ditto, suggest something interesting and non-trivial.

[Stephen O'Connell]

In article <uqhc9c$2g1ro$1...@dont-email.me>, NoE...@home.org
says...

>
> Stephen O'Connell <stephen...@usenet.ie> wrote:
> > In article <ba605adb-820d-4804-b365-
> > ce8b65...@googlegroups.com>, ramp...@gmail.com says...
> >>
> >> Seems MISC.INVEST.STOCKS is dying.
> >> Is there another site dedicated to Investment STOCKS ?
> >
> > On Usenet? I don't know. But the Bogleheads forum seems to be
> > quite popular.
> >
> > https://www.bogleheads.org/forum/index.php
>
> Bogle says buy VOO etf and let it ride. What else is
> there to talk about?

VOO is a steady enough ETF and shows plenty of growth. It's
probably one of the most popular ETF's out there, so an easy
pick to start off.

Personally I'd throw VTI in to the mix as well.

Bogleheads tend to favour the three fund portfolio but I got
greedy and went for four. What a rebel eh?! :-)

> My grandson follows things on Reddit.

Tried it. Didn't like it.

> I don't think I have ever seen anything more than
> "bought XXX today", or something about Von Neuman
> game theory on this news group.

I suppose Usenet would not be the first place to go for
financial advice for the people investing for their retirement.

> >> Ideas?
> >
> > What do you want to discuss? MSFT & AAPL? Emerging markets?
> > ETF's for retirement?
> >
> > Have your say and see who replies...
>
> Ditto, suggest something interesting and non-trivial.

Okay, a couple of random ideas going through my head...

How long do we think the big tech stocks can carry on performing
for? (NVDA/AAPL/MSFT/GOOG etc.) Is the bubble going to burst and
throw all of the traditional investing advice out of the
window?!

Bitcoin ETF's, good idea or bad idea? (IBIT/FBTC etc.)

[Alan Bowler]

On 2024-02-13 10:33 p.m., root wrote:
>
> Bogle says buy VOO etf and let it ride. What else is
> there to talk about?

A solid strategy. However I like making some of my own
choices (and mistakes). I addition individual shares
does give me the ability to vote on some things.

>

> I don't think I have ever seen anything more than
> "bought XXX today",

Well I'm a buy and hold type so buying XXX is about all
the trading I do. I'm retired and depend on the dividend
income from my investments for the bulk of my income.

[root]

Investing advice says nothing about the ultimate reach of GTP.
While my experiments with GPT3, Gemini (BARD), and Perplexity
were impressive, they really don't write good code, and seem
too evasive on difficult questions. It seems to me that
these stocks are priced as if AI has already been achieved.

>
> Bitcoin ETF's, good idea or bad idea? (IBIT/FBTC etc.)

I have never paid attention to Bitcoin.

I have come to think that the market has been running on
autopilot for many years now. I think that about half
of all stock value is held by index funds, and the
relentless demand for shares is unlike anything we
have seen before.

[Stephen O'Connell]

In article <uqmime$3iqq2$1...@dont-email.me>, NoE...@home.org
says...

>
> Stephen O'Connell <stephen...@usenet.ie> wrote:
> >
> > How long do we think the big tech stocks can carry on performing
> > for? (NVDA/AAPL/MSFT/GOOG etc.) Is the bubble going to burst and
> > throw all of the traditional investing advice out of the
> > window?!
>
> Investing advice says nothing about the ultimate reach of GTP.
> While my experiments with GPT3, Gemini (BARD), and Perplexity
> were impressive, they really don't write good code, and seem
> too evasive on difficult questions. It seems to me that
> these stocks are priced as if AI has already been achieved.

That's the guessing game with investing in the BIG tech
companies isn't it? Do we think those stocks are already over
priced and/or maxed out, or is there a lot more to be achieved
from them in the next ten years? AI is one of the buzzwords of
today, surely there's more to come from that technology?

> > Bitcoin ETF's, good idea or bad idea? (IBIT/FBTC etc.)
>
> I have never paid attention to Bitcoin.

I've not been interested in the crypto market per se, but
Bitcoin - and some of the other main crypto currencies - don't
seem like they are going anywhere any time soon.

The spot Bitcoin ETF's seem like a good way of investing in
Bitcoin without actually owning any Bitcoin. Something different
for a mixed portfolio... i.e.. stocks/bonds/crytpo.

> I have come to think that the market has been running on
> autopilot for many years now. I think that about half
> of all stock value is held by index funds, and the
> relentless demand for shares is unlike anything we
> have seen before.

Well, they do say what goes up must come down! ;-)

[Alan Bowler]

On 2024-02-15 4:55 p.m., Stephen O'Connell wrote:>
> Bitcoin ETF's, good idea or bad idea? (IBIT/FBTC etc.)

Unlike stocks of companies that make money, bitcoin has zero
long term expected return. All you can count on is more greater
fools. At one time bitcoin was an interesting idea but the costs
of processing power for each transaction dwarfs even high credit card
fees. The only currently sustained use is in crime (money laundering,
ransomware etc.).

[Blueshirt]

Ireland established itself as the ETF leader within the EU mainly
because of its very favourable tax treaty with the USA, so a lot of
issuers transferred their ETF's to Ireland. (Or mirrored ones
already domiciled in Luxembourg.)

The taxation of ETF's for Irish investors are not as favourable as
those for US investors because the Irish government would rather its
residents invested their money elsewhere, so has punitive 'deemed
disposal' rules as a deterrent.