Futuristic Eskimo
All Star
Excellent rebuttal
Question for finance heads
- Thread starter acri1
- Start date
uh, then I don't have a clue :zfg:I got a guy at morgan stanley, but he is always shaking me down for this or that so I refuse to call him
come to think of it though he did claim that he was going deep in that facebook ipo, homey might be
Futuristic Eskimo
All Star
What does he do there? I want to work at Morgan StanleyI got a guy at morgan stanley, but he is always shaking me down for this or that so I refuse to call him
come to think of it though he did claim that he was going deep in that facebook ipo, homey might beright now
It's hard to say, he is a family friend and was dubious on the details of his employment, all I can say is he called me and offered me "first" buy into facebook but the required minimum was way out of my pay grade (I now regret not making this happen). I am pretty sure he would not have lied about the offer because our families are way too closeWhat does he do there? I want to work at Morgan Stanley
Alibaba is clearly a great company, but I wouldn't hold that stock for more than the first day until the dust settles on fair or below market value. It's going to be so ridiculously inflated with the surrounding hype. I would imagine unlike most potential buyers, I've actually used Alibaba on a regular basis and although revenue surpasses Amazon, to me, Amazon has it much more together. I'm constantly solicited to upgrade to Alibaba Gold by Alibaba reps and I'm embarrassed at the lack of international appeal Alibaba has with the simple English language errors I see. It's a great Chinese company and tool to contact Chinese suppliers, but I'm not sure it has true international appeal just yet, especially with the eventual move away from Chinese manufacturing.
Rather than buying Alibaba and not knowing when the big price drop comes, I'd buy Yahoo or Softbank now and sell on day one or two of Alibaba's IPO. Or buy SINA and sell on day one or two of Weibo's IPO.
Don't get me wrong, you can buy those stocks and watch them greatly appreciate, but you'd be smart to take profits quickly before the dumps come in and you're left holding the bags.
Rather than buying Alibaba and not knowing when the big price drop comes, I'd buy Yahoo or Softbank now and sell on day one or two of Alibaba's IPO. Or buy SINA and sell on day one or two of Weibo's IPO.
Don't get me wrong, you can buy those stocks and watch them greatly appreciate, but you'd be smart to take profits quickly before the dumps come in and you're left holding the bags.
wow,if I could dap you twice I would. From a person who has done extensive buying and selling on eBay and alibaba. This is solid advice.Ok breh let me show you some love
set up a trading account and post back here when you do
whenever I have a good buy
I will send you a shout
matter fact
do this
BUY MERCADO LIBRE (MELI)
the ebay of south America just starting to grow as they have less than double digit % of the SA market BUT
-1-2 million signups a month
-revenue out the ass
-has mercado pago (paypal equivalent) making money out the ass
-starting to connect to retailers
-really revving up their mobile platform (gearing for social networking marketing revs?)
-Virtually no competition and they are strong believers in moats (don't believe the ebay/amazon hype, they got this shyt on lock)
currently low $90's
-matter fact ebay owns 18% of it and the ML links to ebay on their site for US purchases (I am sure ebay or amazon or google will buy them eventually)
-no institutional owner has sold a share despite short fukkery (currency shenanigans)
-they give ever growing dividends
at some point soon, the shorts will stop their fukkery and the Kraken will be released and it will be $150-200
Also
keep an eye out for the alibaba ipo, the sky is the limit with that one
some more solid advice. Why do you think yahoo and Softbank'sstock will rise, do they have some kind of stake in the company?@Bradyh Hoke's Artery
how do you think the black market that alibaba facilitates will effect its long term value. I just read the sales numbers for alibaba and those numbers are staggering. But I know a large and I mean large percent of shyt they sell is black market goods. The hype of this IPO will draw alot of attention to the site. So companies whose goods are "illegally" sold on there will be taking notice. Now on the flipside there will be interest in preserving the well-being of the site.
how do you think the black market that alibaba facilitates will effect its long term value. I just read the sales numbers for alibaba and those numbers are staggering. But I know a large and I mean large percent of shyt they sell is black market goods. The hype of this IPO will draw alot of attention to the site. So companies whose goods are "illegally" sold on there will be taking notice. Now on the flipside there will be interest in preserving the well-being of the site.
Excellent rebuttal
No all mutual funds are created equal, yes they may be more costly but if you're seeking alpha - you would go with ones actively managed but managers who shown they can maintain superior returns. If you're mutual fund is underperforming the index then obviously an etf/index might bef or you
Also we know index and etfs are not the same thing and have their own flaws in cost especially the transaction costs in etf. With that said it's I can find several mutual funds that are passive in nature that cost lower or about the same as an ETF.
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DANKTHRONE
Pro
There is no way to know which managers can maintain superior returns.
I just started an IRA. Id consider that avenue as well. I cant withdraw all of it until im 59.5 but it'll be tax free. Hopefully I last that long 
Suicide King
#OldBlack
You look at the annual returns of 1-year, 5-years, 10-years, and 20-years. This gives you an idea of the funds performance.
Also, you see what sector of the market the funds is invested in mostly. Some funds do technology, health care, media/entertainment, etc...the prospectus will describe the funds investment strategies.
There are some funds that had crazy returns, Fidelity Contrafund has a 5-year average of 21%. So using the rule of 72/21% = 3.43 years is how long it takes for your money to double. 5k becomes 10k in 3.43 years.
Not sure why people rather listen to rappers rap about 400k cars, when they could make money using the power of compound interest.
I just started an IRA. Id consider that avenue as well. I cant withdraw all of it until im 59.5 but it'll be tax free. Hopefully I last that long
Its a good start. Diversifying is important. You also want investments you can take money out of like a standard mutual fund, so you can use that money for other investments like stocks, real estate, or a business.
DANKTHRONE
Pro
Why would we have reason to believe that past performance has anything to bear on what will happen?
Suicide King
#OldBlack
The market is based on calculated risk, you can't calculate risk or develop a belief system without informing yourself on the fundamentals of the market.
You have to understand the basics of investing first, or anything I say you would have to take on blind faith.
You are skeptical but you provide no specifics, this is what a troll does. I'm not here to make you a believer, just to give information.