Originally Posted by ChiliConCarnage:
Rain - I'd just compare yourself to the S&P 500.
The Dow is old and works in a stupid way. The Nasdaq is very concentrated in technology so you're not going to beat it with any diversified/balanced portfolio that cares about risk-adjusted returns over the long haul. You can keep up with it probably if you buy QQQ which is the nasdaq-100 index.
Actually, I'll amend that.. you likely won't beat nasdaq when the markets going up. You probably will beat it during a bear market.
I noticed before I left work that Calavo's floated shares are currently 27% shorting the stock. That's a ton, up there with like Tesla. I'm guessing others think the valuation is too high also. just fyi, if you're planning to hold it long term I wouldn't care. Seems like a good company with low debt and apparently millennials are busy buying avocado toast instead of homes hah
Interesting points. I too view the S&P 500 as my major target, but I've worried about getting my rear kicked by NASDAQ this past year. But if it's just a bull market thing, I can live with it.
I dunno the deal with Calavo, but it's been gold for me. There was some reason that I bought it several years back, and I don't even remember the reason, but it's just gone consistently up. I was a little worried that the trade stuff and the wall talk would hurt it, but it hasn't been an issue at all. I've been treated very well by the avocado. [Reply]
Originally Posted by Rain Man:
Interesting points. I too view the S&P 500 as my major target, but I've worried about getting my rear kicked by NASDAQ this past year. But if it's just a bull market thing, I can live with it.
Active managed T Rowe Price tech fund vs. SPY the most liquid S&P 500 etf out there.
26% average over 5 years straight. Kind of insane. Even the 12.56 from the S&P is pretty darn good. nasdaq just has a ton of tech. It's not a fair fight [Reply]
Originally Posted by Hog's Gone Fishin: IQ is doing well. It's at 28.00 now. I think this stock follows netflix and runs way up
Added BILI the other day
Thinking about HUYA
All chinese IPO's
Funny that you mention IQ, since I was about to make a post about it.
I just learned about them early last week. Damn near anything you read about this company calls them the Chinese version of Netflix.
I originally wanted to buy about $3,000 worth, but decided to play it safe and invest $1,500. I should've taken the risk, because it's already returned just under 25% since buying it a week ago.
It's a volatile stock. And because of this I decided to sell a Put @$30 that expires on June 15th and it's gonna pay me $230. That's extremely high for a short duration option. I don't mind owning it either (if is remains below $30 in the next 10 days) as selling covered calls on it are a high payout as well if I am placed with shares.
Lots of option volume on this stock. Thanks for the heads up CP. [Reply]
Originally Posted by Hog's Gone Fishin:
IQ is doing well. It's at 28.00 now. I think this stock follows netflix and runs way up
Added BILI the other day
Thinking about HUYA
All chinese IPO's
Yeah, the market is going crazy over these. I think iq is a solid choice but I didn't invest (oops). There is a lot of competition. They and Tencent Video seem to have pushed past Youku Toudou, the former market leader.
Huya's gone crazy expensive at 16-17x sales. That's a lot for a US company w/ no earnings let alone a VIE from China with the associated risk of not really being an owner. I've owned the parent that spun it off, YY, for a long time so I've just been sitting back. They report earnings tomorrow.
Today was probably good for you :-) big pop for China & tech in general. Later this year Tencent Music and Ant are supposed to IPO. They'll have huge valuations. I think Ant Financials last private funding round was like 150 billion. That's Coca Cola level of company.. I can't remember an IPO anything like that. If the hysteria with China IPO's continues perhaps we should be ready to cash in [Reply]
Originally Posted by ChiliConCarnage:
Yeah, the market is going crazy over these. I think iq is a solid choice but I didn't invest (oops). There is a lot of competition. They and Tencent Video seem to have pushed past Youku Toudou, the former market leader.
Huya's gone crazy expensive at 16-17x sales. That's a lot for a US company w/ no earnings let alone a VIE from China with the associated risk of not really being an owner. I've owned the parent that spun it off, YY, for a long time so I've just been sitting back. They report earnings tomorrow.
Today was probably good for you :-) big pop for China & tech in general. Later this year Tencent Music and Ant are supposed to IPO. They'll have huge valuations. I think Ant Financials last private funding round was like 150 billion. That's Coca Cola level of company.. I can't remember an IPO anything like that. If the hysteria with China IPO's continues perhaps we should be ready to cash in
I went ahead and pulled the plug and bought some huya this morning. Chinese gaming is huge. [Reply]
Perhaps discussed before, but I'm too lazy to look back. The scenario is not for you do it your selfers, rather those who work with a financial advisor:
It appears the trend for FAs is into the world of managed accounts vs choosing a mutual fund portfolio for a commission. For example, you can hire an FA to create a portfolio of A shares at a 5% upfront charge with some relatively low expense ratio ongoing vs going into a managed portfolio where you have an almost hedge fund like approach that constantly manages risk daily and positions the entire portfolio for the current environment and charges a somewhat higher annual % based on assets invested with no load.
This seems like a good idea based on the current economic climate, where simple indexed funds may not be able to seek out returns in a higher volatility environment.
I'm omitting a lot of details out of laziness, but those who are familiar will know what I'm talking about. Pros and cons of this approach? [Reply]
