Investing Thread

[jesmu84]

Right. But that's not really what I'm talking about. I'm talking about how people can make a living. I don't think manufacturing jobs are the answer.

Ah. I understand your point now. Thanks for clarifying. I misunderstood your original statement.

[SoCalEagle]

I don't disagree about looking at the past.

I disagree with things are "fine" now. Lots of folks in severe economic hardship across the country through no fault of their own.

Lots of jobs still available.  If you know of someone experiencing economic hardship, tell them to grab one. 

[Skatastrophy]

We're too wealthy of a nation to do manufacturing inexpensively enough domestically to produce the goods at the prices that US consumers expect. The United States should be expanding NAFTA/USMCA to include the rest of central america. We should be investing in central american countries to move manufacturing there where it could be both inexpensive and nearshore, somewhat solving our dependence on ASEAN+China+India. Enriching those central american countries and their people will have the added benefit of significantly reducing immigration across the southern border.

Win win win imo.

[jesmu84]

Lots of jobs still available.  If you know of someone experiencing economic hardship, tell them to grab one.

I was referring to compensation, not job availability

[Jockey]

I was referring to compensation, not job availability

Compensation has gone up. There are jobs for anyone who wants one.

[jesmu84]

Compensation has gone up. There are jobs for anyone who wants one.

[MU82]

Does anyone own single stocks for dividends? I am all index funds right now but thinking about branching out with some dividend stocks. Just curious if anyone is also doing this.

Dividend Growth Investing - which does exactly what you describe - is my primary investing method. I own roughly 50 individual stocks.

I would never claim it's the best strategy for everybody, but it can be an effective one for those who want a relatively low-volatility way to grow an income stream while also generating competitive total return over the long term.

[Coleman]

Dividend Growth Investing - which does exactly what you describe - is my primary investing method. I own roughly 50 individual stocks.

I would never claim it's the best strategy for everybody, but it can be an effective one for those who want a relatively low-volatility way to grow an income stream while also generating competitive total return over the long term.

Care to share some of your stocks picks? Haha

[MU82]

Care to share some of your stocks picks? Haha

PMed you.

[MU82]

Musk sold billions of dollars worth of Tesla stock to help pay for his acquisition of Twitter -- an overpriced company he didn't even want -- and now he's trying to strong-arm the Tesla board into giving him billions of dollars worth of Tesla stock. Threatening to develop new AI products outside of Tesla, Musk is basically blackballing the company he built.

TSLA had a poor earnings report after market close yesterday and opened this morning down about 9%, back well under $200/share.

As a TSLA shareholder, it's uncomfortable having such an unstable megalomaniac at the helm.

[tower912]

Blackmailing, not blackballing.

[Jockey]

Another horrendous economic report.

[Skatastrophy]

Another horrendous economic report.

But what about all of those articles and tweets from perma-bear economists? lol

[MU82]

Blackmailing, not blackballing.

Another hilarious autocorrect. Another one too funny to change!

[JWags85]

Musk sold billions of dollars worth of Tesla stock to help pay for his acquisition of Twitter -- an overpriced company he didn't even want -- and now he's trying to strong-arm the Tesla board into giving him billions of dollars worth of Tesla stock. Threatening to develop new AI products outside of Tesla, Musk is basically blackballing the company he built.

TSLA had a poor earnings report after market close yesterday and opened this morning down about 9%, back well under $200/share.

As a TSLA shareholder, it's uncomfortable having such an unstable megalomaniac at the helm.

Honestly, feelingss about Musk and his political views/social views/etc... aside, my biggest concern as a TSLA shareholder or stakeholder would just be how thin he's spread.  It was the same was as Jack Dorsey running both TWTR and Square/Block.

Doofuses on social media like to pretend CEOs don't do anything or they aren't valuable, but everyone in this thread is business savvy and knowledgeable enough to know that isn't true at all.  Especially for a huge public company doing billions of dollars in revenue.  How can you be truly efficient and exemplary looking after multiple at a time.  This isn't a portfolio company with a couple businesses underneath.  Musk being CEO of SpaceX and TSLA, in addition to his other smaller ventures, was a huge ask.  Adding X into it is absurd from a personal/mental resource perspective.  Then you add all the other non-business complications he causes and invites.

[MU82]

Honestly, feelingss about Musk and his political views/social views/etc... aside, my biggest concern as a TSLA shareholder or stakeholder would just be how thin he's spread.  It was the same was as Jack Dorsey running both TWTR and Square/Block.

Doofuses on social media like to pretend CEOs don't do anything or they aren't valuable, but everyone in this thread is business savvy and knowledgeable enough to know that isn't true at all.  Especially for a huge public company doing billions of dollars in revenue.  How can you be truly efficient and exemplary looking after multiple at a time.  This isn't a portfolio company with a couple businesses underneath.  Musk being CEO of SpaceX and TSLA, in addition to his other smaller ventures, was a huge ask.  Adding X into it is absurd from a personal/mental resource perspective.  Then you add all the other non-business complications he causes and invites.

Agree.

That he often sounds unhinged is the cherry on top.

He generally has been a very good steward for TSLA and SpaceX.

[GOO]

Elon prevented me from buying TSLA early on. I didn't think he was concerned enough about  shareholders; too product focused and betting the company over and over on difficult engineering and manufacturing leaps. They worked and he was right. But he is still a wild card. He is a visionary, and can drive people to produce and a risk taker, but just is a mental mess as well.

I won't sell what I have, I won't buy more now. I think  there should be a lower entry pint over the next 12 to 18 months.  Then buy. Believe in TSLA long term unless the Chinese can sell freely in the US or Europe, then it's not going to be good for any US car company.

They will sell 2M plus cars this year, at lower prices and same or lower margins. The cyber truck will sell at higher margins and as many as they can produce. The problem is that the Cybertruck ramp up will likely be slow and so they won't sell as many as they could. Again, Ellen doing the difficult and recreating the engineering and manufacturing wheels.

The catalyst comes in about 2 years with the new platform and higher volume cyber production.  Must is always over optimistic, so I'm thinking 2026 for the new platform and then a year to ramp up. They will sell a lot of cars 3 years from now. But the lull for the next 12 to 18 months should hurt the stock until they prove high volume cyber production and introduce the new platform.

[MU82]

A lot of good insight there, GOO.

As I write this, TSLA is down more than 12% to about $182. Criminy.

Meanwhile, on a more fun note ...

Ever since Douchey dared Scoopers to buy doomed DIS on Sept. 8, it's up 15%; it's crushing SPY and even beating QQQ.

[Skatastrophy]

Economy is boiling again, quick glance looks like growth stocks behaving like rates are going to get hiked again. Wouldn't be surprised.

[tower912]

A lot 3.-somethings right now.
3.-something unemployment
3.-something inflation
3.- something growth over the 4th quarter of 2023.

[MU82]

A lot 3.-somethings right now.
3.-something unemployment
3.-something inflation
3.- something growth over the 4th quarter of 2023.

Even Ben Gold hit 3 3s!

[jesmu84]

The economy is great

https://www.cbsnews.com/news/rent-homelessness-harvard-report-center-for-housing-studies/

Record number of Americans are homeless amid nationwide surge in rent, report finds

[Jockey]

The economy is great

https://www.cbsnews.com/news/rent-homelessness-harvard-report-center-for-housing-studies/

The cause is greed - not the economy. Corporate interests have realized that rent is one more area where less fortunate people can be screwed over and have jumped at the chance to be the screwer rather than the screwee.

[Goose]

I volunteer with a group that works with homeless that do not, or cannot, stay at shelters. Number of reasons why they chose not to visit shelters and not really important. That said, the number of people being served/taken care of is up almost 100% since last year.

It is amazing that in many of our suburban communities there are homeless people. Some of their creativity on shelter is impressive. The group I am helping is now covering a very big part of MKE county.

[jesmu84]

I volunteer with a group that works with homeless that do not, or cannot, stay at shelters. Number of reasons why they chose not to visit shelters and not really important. That said, the number of people being served/taken care of is up almost 100% since last year.

It is amazing that in many of our suburban communities there are homeless people. Some of their creativity on shelter is impressive. The group I am helping is now covering a very big part of MKE county.

Thanks for your time/effort, G