The Investment Thread (3 Viewers)

Saint_Ward

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Rumors that Amazon was looking into offering a live TV package as well, have now been confirmed.

Amazon creating live TV package - Business Insider
The rumor

https://www.amazon.com/gp/help/customer/display.html?nodeId=201975120

https://www.usatoday.com/videos/tech/2017/05/23/amazon-prime-now-let-you-watch-tv-live/102046756/

confirmed.

No details on the pricing or offereings yet.

With Amazon getting into this arena, pushing the boundaries on retail, cloud services, etc. I really do wonder how large they can grow. As long as they keep their laser focus on customer service, speed and cost, I think they can do a lot.

I'm very glad I was able to buy a few shares a while back while it was trading in the $700's... or course, I wish I did this a year or two before when they were in the $400-500 range. Wow.

Today they hit $998/share ad are now hovering around $996.
 

UncleTrvlingJim

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I'm down to 50% cash in my non-retirement accounts. I suspect we'll get back down to DOW 16000 at some point before this is all over.
 

efil4stnias

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Can we all admit that infrastructure is a major concern? Try driving in Southern California sometime. China has the fastest high speed rail system in the world, and the U.S. has AMTRAK.

China
200 MPH

1585694076654.png

U.S.
50 MPH

1585694144036.png
sure if you will admit to TWEETING OUT adding 2trillion in debt because the fed rate is ZERO is about as dumb as it gets.

Our infrastructure has been for decades. But there is a time and place for everything.

this aint it.
 
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Saint_Ward

Saint_Ward

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Can we all admit that infrastructure is a major concern? Try driving in Southern California sometime. China has the fastest high speed rail system in the world, and the U.S. has AMTRAK.

China
200 MPH

1585694076654.png

U.S.
50 MPH

1585694144036.png
Of course, it's a major need. An area I wish we addressed. But when you use a trillion dollars to fund a tax cut, mostly to business (who should have saved some, vs stock buy backs or bonuses) and the wealthy, it's harder to spend on the other stuff you want.

And I bet he's dusting off his old plan of trying to get 1-2Trillion of Private or State funding, not Federal.

Otherwise, how many Trillions can we add to the National Debt all at once?

Great, so the Generation that has and had to deal with major College Debt, Medical Debt, Housing prices out of whack.. now will also have to bail out our Country?

I'm sick of being forked with "public" debt.
 
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Saint_Ward

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I got a little less stress today as our CEO said he has no layoff plans in the foreseeable future.
Ours sent out a big long e-mail about how we'll weather the storm, have lots of cash, can even still buy another company to keep our growth...

20% layoffs the next week.
 

B4YOU

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I'm down to 50% cash in my non-retirement accounts. I suspect we'll get back down to DOW 16000 at some point before this is all over.
Agree. I posted early on about 16250 being a place I could see us reaching if we respond poorly. The 2008 Housing Crisis reached 8 year lows. The Covid Crisis reached 4 year lows very briefly. I have set my long term hold limit orders below the lowest point so far. Maybe these never execute. I can be cautious and greedy since I sold my brokerage holdings in late Feb. If I miss the bottom by 4K points, then I can still buy in lower than I sold. The posters in this thread and the Covid-19 one have been critical in preserving my wealth and health.
 

tomwaits

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We have had a lot of jobs in my product line move to Taiwan, but I am blessed with a job nobody else wants. The Taiwan team often encourages me to never leave because nobody wants to be stuck with my programs.

That being said, a VP can always decide my function is leaving the US and I was already working from home at least 50% of the time anyway.
 

Rickboy

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Ours sent out a big long e-mail about how we'll weather the storm, have lots of cash, can even still buy another company to keep our growth...

20% layoffs the next week.
Yea, you always have to take statements from leadership with a grain of salt. But VMware has almost $3billion in cash, Pat Gelsinger isn't known to be a BS'er, and we are SUPER BUSY. Our tech is a big enabler of working from home tech. I'm sitting here prepping presentations for three different Fortune 100 companies right now. That's just for TODAY.
 

bclemms

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Futures up big but job report just came out. Expected 3.1 million new jobless claims, actual was 6.5 million.
 

LonghornSaint

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Anyone playing any leveraged bear etfs? I was thinking of FAZ, but I do not really understand these leveraged etfs, and why I have read they should be only short term plays.
 

bclemms

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Anyone playing any leveraged bear etfs? I was thinking of FAZ, but I do not really understand these leveraged etfs, and why I have read they should be only short term plays.
They have high expense ratios, the reason they should be short term but yes I've been playing them since early February. Just have to be really careful, huge daily swings with this much volatility.
 

efil4stnias

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Agree. I posted early on about 16250 being a place I could see us reaching if we respond poorly. The 2008 Housing Crisis reached 8 year lows. The Covid Crisis reached 4 year lows very briefly. I have set my long term hold limit orders below the lowest point so far. Maybe these never execute. I can be cautious and greedy since I sold my brokerage holdings in late Feb. If I miss the bottom by 4K points, then I can still buy in lower than I sold. The posters in this thread and the Covid-19 one have been critical in preserving my wealth and health.
I'll echo that.

Since we aren't Uber wealthy and connected, this is the next best thing.

Many here with very insightful thoughts and predictions that tend to play out that gives us the ability to maintain. May not be breaking the bank or hittin a lick, but ain't losing 30% valuation either.

This thread is value and I'm glad this got started up again (had one waaaaay back for the 09 crash but kinda petered out after a year or so).

It also serves to keep a level head in times like these so as to not act too irrationally.

Great stuff indeed.
 

DaveXA

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Anyone playing any leveraged bear etfs? I was thinking of FAZ, but I do not really understand these leveraged etfs, and why I have read they should be only short term plays.
Member of my extended family bought this, against my advice back at the tail end of the financial crisis in 2008. Needless to say, it was a terrible decision. He still owns shares and lost 98% of his investment. With the big recent downturn, it went from -98% to -90%. :covri:

Could be a good short term play, but don't get caught holding the bag cuz you'll get wrecked at some point. The reason people lose their sheet is because they are greedy and won't take a loss until they lose it all.
 

LonghornSaint

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I understand the need for the Feds to relax the penalty for early withdrawal from retirement funds, but I wish they also relaxed the limit for IRA contributions.
 

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