*Investors Blog*

[ZeeOSix]

The real question for today and the market was who knew the tariffs were going to be walked back before they we walked back? That was pure market manipulation and I'm sure family and friends of those in the know made a killing today. Just another grift!

Already being investigated.

 

[Fa24wrx]

The real question for today and the market was who knew the tariffs were going to be walked back before they we walked back? That was pure market manipulation and I'm sure family and friends of those in the know made a killing today. Just another grift!

I did. Just didn't know when

 

[GMFan]

Look at the time stamps versus when the “news” was released. Pump and dump. If anyone thinks the SEC will do a single thing I have some ocean front property in Arizona to sell you.

 

[johnmyster]

Yall remember that day when the S&P bounced 9.5%?

 

[4WD]

Put more in. All of it.

Happy that I have always put away the limit through payroll - yes, it’s dropped lately but not worried about a rebound coming

 

[Cropduster172]

Tariffs were put in place in the Heard Island and McDonald Islands. No humans live there; they are inhabited by penguins.

Yeah, that's a goofy meme floating out there. There's a reason behind why. China is quite capable of setting up factories quickly anywhere.
Not like they haven't done it before.

 

[Geekhead]

Yeah, that's a goofy meme floating out there. There's a reason behind why. China is quite capable of setting up factories quickly anywhere.
Not like they haven't done it before.

Any reason why only China can do this?

 

[jetman]

Build factories when there's no demand?
kind of like building housing when there's no demand?

 

[SC Maintenance]

Stupid preferred question.

Two prefered's all other things being equal - both callable. The current rate is the same - market driven.

I would wish to buy the one furthest below par - correct? That way if interest rates fall, it has the furthest it can run before it hits par. I would have to assume on callable stock buyers would not want to pay too much above par. I would not.

Or there is a benefit to owning one with a higher "original" yield.

For example. Two from same bank. Both pay about 5.89% currently.

One had original coupon at 4.75% and trades at $20.58

THe other had original coupon at 4.55% and trades at $19.50.

I assume I want the second one. I am guessing it makes very little difference, however is there a convexity to these I do not understand?

 

[Pablo]

Stupid preferred question.

Two prefered's all other things being equal - both callable. The current rate is the same - market driven.

I would wish to buy the one furthest below par - correct? That way if interest rates fall, it has the furthest it can run before it hits par. I would have to assume on callable stock buyers would not want to pay too much above par. I would not.

Or there is a benefit to owning one with a higher "original" yield.

For example. Two from same bank. Both pay about 5.89% currently.

One had original coupon at 4.75% and trades at $20.58

THe other had original coupon at 4.55% and trades at $19.50.

I assume I want the second one. I am guessing it makes very little difference, however is there a convexity to these I do not understand?

Yes but always choose the cumulative over the non-cumulative.

 

[SC Maintenance]

Yes but always choose the cumulative over the non-cumulative.

Thank you.

None of the big banks seem to be cumulative unfortunately.

 

[Pablo]

Thank you.

None of the big banks seem to be cumulative unfortunately.

Toobigafail

 

[Cropduster172]

Any reason why only China can do this?

No. Certainly other countries could too. It's to circumvent tariffs or export from a country with lower applied tariffs.

 

[Cropduster172]

Build factories when there's no demand?
kind of like building housing when there's no demand?

The demand is in exports.

 

[4WD]

Munger said if you can't handle market swings, you deserve the mediocre results ...

 

[alarmguy]

Will be an interesting day -
Just in = Core CPI falls to 4 year low

Could be good or bad, whatever way they (AI) wants to move the markets.

 

[jetman]

Munger said if you can't handle market swings, you deserve the mediocre results ...

Buffet said "diversification guarantees mediocrity".

 

[FoxProTwisty]

I've been trading for 15 years. They are running the tape. They've done it forever. The bots or 'algos' that run the exchanges like the NYSE and Daq have already thought of every possible idea you could ever come up with and they it in real-time in nanoseconds. They MAKE the market. That's its purpose. It's not real. It's a game.

It's easy. Just don't give them $$, take it instead.

 

[alarmguy]

Buffet said "diversification guarantees mediocrity".

True but not to take out of context which some might. (not saying you!)
HE is a true believer in quality companies, products you can touch also. I adopted some of this 6 years ago. I wish I did 3 decades ago.
Diversification is ok in companies you understand.

I think this says it well.
https://press.farm/warren-buffetts-portfolio-diversification/

 

[alarmguy]

I've been trading for 15 years. They are running the tape. They've done it forever. The bots or 'algos' that run the exchanges like the NYSE and Daq have already thought of every possible idea you could ever come up with and they it in real-time in nanoseconds. They MAKE the market. That's its purpose. It's not real. It's a game.

It's easy. Just don't give them $$, take it instead.

I understand what you are saying. They may "make the market" for traders and short term investors.

However the earnings results and growth is what controls the long term performance of any investment. No one has control over that, so you cant get burned investing in solid companies with corresponding earnings. Hate to mention it again, ex, WMT or even a tech company like META and hundreds of others. Low price vs earnings that constantly grow the "market makers" cannot control.
or simply index funds.

(nice to get back to investing in this thread!)