Talking stocks, trading, and investing in general

[gettoasty]

Vox, CNN, and BI seem like sources of news with some reporting on finance, world, and economics for free. Anyone know of other material online? Preferably not hidden behind a pay wall.

 

[ThinkDerm]

I always sell immediately lol

my friend also takes this approach to avoid "double exposure"

 

[ThinkDerm]

I feel like having the global currency helps the US. Here are some of my favorite 80s Japan facts:
-There were over 20 golf clubs that cost more than $1 million to join.

$1 million USD or YEN?

 

[Omega Male]

Airlines are getting slammed after Delta warning. Another not-so-great indicator. Buffett (as usual) has the best quote about that business, saying that if he could go back in time just once he'd probably choose Kitty Hawk in 1903 to shoot down the Wright Flyer.

 

[patrickBOOTH]

I was going to buy a lot of new toys this year, but I am considering investing some of that monies given prices are down.

 

[jbarwick]

$1 million USD or YEN?

USD

 

[jbarwick]

Vox, CNN, and BI seem like sources of news with some reporting on finance, world, and economics for free. Anyone know of other material online? Preferably not hidden behind a pay wall.

I use Twitter and follow some bloggers. Otherwise I pay up as free news usually isn't worth it.

 

[patrickBOOTH]

It really is amazing how much I find out via Twitter before anywhere else.

 

[Piobaire]

Back to Japan...I'm old enough to remember when popular media was all about Japan. They were going to be our new overlords per the narrative of the 1980s.

 

[UnFacconable]

Guess I'm not the only one who recognizes that a falling stock market benefits long-term investors.

https://www.economist.com/finance-a...-on-stocks-in-2018-were-down-across-the-board

Warren Buffett has written that those who plan to be net buyers of stocks in the future should rejoice when stocks fall. An investor of this kind who cheers rising stock prices is like “a commuter who rejoices after the price of gas increases, simply because his tank contains a day’s supply”.

Investors, like those who use ecstasy or alcohol, face a choice. They can feel good now or later. Genuinely long-term investors will always choose later. They want to buy stocks as cheaply as possible and when they get a higher premium for owning risky assets. Recessions are an inevitable part of the risks investors face. As with hangovers, they feel interminable. But eventually they clear.

 

[Omega Male]

It really is amazing how much I find out via Twitter before anywhere else.

Maybe we should do a running SF list of worthwhile FinTwit follows?

I would offer, for starters:

@reformedbroker
@michaelbatnick
@morganhousel
@MebFaber
@awealthofcs
@patrick_oshag

 

[IChen]

Small rant:

I really hate how the Fed is "reacting" or making statements one way in December, and now pretty much a mirror image today that the market wanted to hear. I get that the Fed isn't really controlling the market on a pendulum where it's looking at what is too low or too high, but I feel the problem is that now with all the media and news including geo-political issues, so much of the market is overreacting or has no clue what is going on.

It's so funny to hear on the news people were discussing trading on fundamentals, then suddenly the sentiment was that the fundamentals weren't really that strong....and that people need to take into account that corporate America is in for a very modest growth coming years...The amount of heavy swings in the market is just crazy.

 

[Omega Male]

The indexes are going to flail around for a while, because no-one knows what's going on. Might as well just chill for the moment.

 

[venividivicibj]

Guess I'm not the only one who recognizes that a falling stock market benefits long-term investors.

https://www.economist.com/finance-a...-on-stocks-in-2018-were-down-across-the-board

Cmon man- zero people were disagreeing with you. Sometimes we just like to ***** when we lose money.

 

[Piobaire]

Cmon man- zero people were disagreeing with you. Sometimes we just like to ***** when we lose money.

This.