Me after literally fake and gay pumps stole 33% of my CSO value
Connor Davis
>nothing could go wrong for being a little optimistic of the future certain kinds of optimism are dangerous. if people believe that the healthcare system is sufficiently supplied with ventilators then they're more likely to flout the lockdown and spread the virus, stretching the optimistic ventilator supply.
Carter Lewis
USO $4 puts better print. It's been propped up on hope the entire last month.
Jose Gray
Delvsional bearcvck. The past 4 Mondays have finished in the green. BVLL! BVLL! BVLL!
Gabriel Gonzalez
If you aren't confident in your position to the degree that you have to ask how fucked you are to a bunch of strangers on an image board, then you're obviously treating the market as a slot machine and you have no business investing until you learn how to manage your money properly.
Jackson Green
SYK producing 10k emergency beds a week. What other companies to look to for essential medical supplies/PPE, plastic disposable consumer / medical PPE things, etc.
Anything sanitary / consumable in the sense that you need to keep using a 'fresh clean' product over and over again.
Luis Howard
So let me get this straight: >Put life savings in the index of your choice (FTSE, S&P, DOW, whatever) >Even if we get a few shit years, it'll average 2% growth a year before dividends >Dividends are typically like 4% of your total holdings, so your amount of holdings should go up 4% a year >1.02*1.04 is approx 1.06% >Therefore on pessimistic estimates, you grow your wealth by 6% a year by throwing it in an index and doing nothing So why does anyone looking look term bother with bonds on lock-in ISA schemes? Their rates are 2% at absolute best. Are my numbers wrong?
AY YO HOW COME I DONT SEE YOU BITCH ASS SPAM UP Yas Forums HUH? IS IT CAUSE THE STOCK MARKET IS ACTUALLY ON THE RISE AGAIN?
fuck off with your dooms day garbage when it is convenient for you, everyone knows the stocks are reactionary as fuck to any slight upset to the normal.
Joshua Ramirez
Bullish Those who are physically and mentally unhealthy have no place in our future Let them spread the disease
I'm expecting it. No amount of off-the-cuff Trump tweets are going to prop the industry further, senpai. You should be fine, especially since the meetings been pushed back. No one is going to want to hold through the week, especially with futures looking the way the are. Oil as a whole is going to get absolutely btfo on opening bell.
MFA has a pretty good track record, right now they are in water because debtors are trying to collect while their asset values are fucked by corona. If news comes out theyve handled the issue, it's a safe bet that it will go back up near where it was, right?
why would you gamble on an industry that's destined to fail
Luke Flores
Carnival will not fail. They have 18 billion in liquidity now that they issued new bonds and their costs are about 180 million a month to store their fleet and other expenses they will be just fine
Joshua Gonzalez
Whatever happened to the guy(s) in these threads that were holding luckin coffee?
Isaiah Wright
When nobody's producing goods or services Everyone is
I don't care if they fail long term, If I can get in for under $2, I'll sell at 3 and get the fuck out.
Jaxson Morales
Dangling from the ceiling fan
Joshua Evans
In addition to stability they provide tax free income. If you're wealthy enough, you can basically live off your bond portfolio while still having most of your assets in equities.
Ethan Ortiz
Where's your honor dude? If you invest in a company you should go down with the ship like an honorable samurai
Carter Brown
Dead people don't buy houses Dead companies don't rent offices or warehouses
Hope you boys are ready for the Fed to own the entire US oil industry
Ian Kelly
the point is there's no guarantee that it will jump. usually not a good idea to bet against the long term if you can avoid it. why not bet on something that you can hold if you need to?
Eli Peterson
You gave the government an interest free loan, congratulations
Jace Davis
And just like that, the US has somehow managed to nationalize their oil industry like the fucking socialist countries.
Though honestly it's just going to be bailouts where the government takes away all the risk.
Aaron Diaz
WealthSimple still hasn't actually processed the RTX merger, I phoned them and apparently it could take up to 5 business days
Here's a list of publicly traded companies whose stuff I use on a daily basis. That doesn't mean their stocks will go up, mind you. >CAH Transport vents, airway devices, a wide variety of disposable products like masks and gloves. >PFE "staple" meds like epinepherine, KCl, Mg, CaCL. >SYK Beds, stretchers, surgical devices, I think they bought out PsyioControl a while ago so now they make shit ton of pic related. >AZN Most of the abx we use. >BMY A lot of cardiac meds. >BAX IV maintenance fluids like NS or LR >MDT Monitors. >TMDX If it dips to $10 again when we bottom out I'm buying a shit ton. We're still using their products on a daily basis.
>Or Russia/Saudi Arabia could keep pumping, the price goes down even more, 95%+ of shale companies go bust then they do a huge coordinated cut and put oil at $60-80+ over the next year or two. why should they do that? the us-shale will be subsidized by the us economy. what factor could possibly harm them?
Nicholas Jones
I got the fuck out of wealthsimple about 5 days after I started and went to Questrade. Way better
Ryan Sullivan
CAH's 5 year graph is pretty brutal
I'm way too poor for $10/trade commissions to be anything but prohibitive
recognizing it's gambling is a healthier state of mind than thinking you actually have an edge against algorithms and supercomputers developed by orders of magnitude more PhDs than were on the Manhattan project.
Oliver Ramirez
I think that NRZ will no longer exist by this time next year. REITs have to do a lot of stupid shit to pay out such high dividends and now they're paying the price for it.
Its 4.95 a trade it's better then getting raped in their us dollar conversion that you have to do every time you make a trade because you can only hold CAD in a wealthsimple trade account so unless you only trade with canadian securities you get fucked on currency conversion
Samuel Gomez
You made an irrelevant and tired old argument. Congrats.
True enough, but foreign money keeps flowing in to buy up US realty.
Eying PFE for that reason. But how will they handle meeting all the demand? How much of their manufacturing can get done during th is, and how much is done overseas in areas that are either totally fucked, or preventing exports of medical equipment?
Some interest in AZN and BMY as well. Got out of BMY because I haven’t evaluated their balance sheet and assessed how much demand will lessen when people with chronic diseases die off. AZN has GBP risk and I don’t know enough about that or their moneymakers.
Austin Russell
Yeah, a lot of these companies have a lot of problems like huge debt on the books. However, all of the products I listed are basically the bread and milk of the medical industry, if that makes any sense, they'll never stop selling basic stuff like D5W.
If you buy individual stocks instead of just buying an index, bonds and bond funds are a great place to keep dry powder.
Jack Ross
What a big maker of generic medication?
Gabriel Smith
Sure but if it’s generic and there’s nothing to stop another company from making the same thing, they can get swooped on like the generics Generally have been by Indian and Chinese manufactures.
Daniel Cook
>generic medication generics literally all come from india. only a small amount is left in china because its too expensive to produce in china. india is the place for generics.
Justin Gonzalez
Ever met a successful person that claimed it was the tax refunds were the key to successful financial management?
Samuel Young
Figures, that's why burgers gets fucked.
Oliver Green
WS charges 1.5% each way on the conversion, so whether Questrade is better is basically a function if whether 3% of your average purchase is >$5 CAD
Right now I'm pretty much just fucking around with excess tuition money. If I start putting real money in I'll find a real broker.
Owen Perry
Yeah to buy, costing $15 in commission to sell
Landon Robinson
nigger
Colton Stewart
That's more prescription medication but you're right. I guess I'm stuck in a critical care mindset, where the majority of meds we use are all manufactured stateside because we can't have Ranjesh getting ecoli or klebisella in the ringer's lactate kek. I've been meaning to evaluate PFE further, I might do that tonight. The fact that they own so much and get sued constantly makes me a little wary though.
Samuel Jenkins
>Ever met a successful person that claimed it was the tax refunds were the key to successful financial management? not yet in person, but
Nope. Nor have I met a wealthy person that said the difference was made by not withholding taxes from your paychecks.
Daniel Jenkins
So I am looking at bonds and each bond is worth $1000, but why is the price of the bond something like $101.500? Why is it priced like that? What am I actually buying? I've been Googling all day and I can't figure out this discrepancy.
