Your favorite stock subs are r/investing and ____?

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It’s kinda sad. They’ve all been overrun by meme stock traders.

Now every sub is getting hit with short term speculative trades and pump & dumps, all disguised as squeezes.

StochasticDecay

r/bogleheads is the way

SalmonRaptor

Honestly, r/wallstreetbets before the 8 million people joined. Now it’s fun to watch loss p0rn but yeah, the og version of wsb or r/options

CreamyChickenCock

I have to say r/dividends as a mod for them. I also like r/thetagang

JDinvestments

For me it never was r/investing

It was r/wallstreetbets and r/pennystocks, not because of community or anything, but because some gems will net enormous money once a lifetime.

Last year and even this year when GME was theoretical short squeeze and nobody knew what was awaiting for them, r/investing never had a meaningful discussion about this stock, it was even worse than that, except for obvious ”its a dying blockbuster” comments, not a single person had an idea what is a shorts queeze, i wish i was making this up. Anyway went in on GME at $40 and made 10x my initial investment.

GME short squeeze was the worst thing to happen to reddit community wise, so hilariously i am without home, but kinda checking in on r/investing and r/stocks, i wish i could get the previously mentioned subs back the way they are, but we all start to realize when the floodgates are open, there is no closing them.

Or maybe this sub reddit changed, i remember it 2020 being ”who keeps buying the stocks, everything is dying and overvalued” and ”everything except DCAing into passive index funds for next 40 years is pure gambling and pure luck without discussion”

But in comparison to what is out there, r/investing is now cozy and with really some great reads.

But i guess you could say markets are cyclical and so are sub reddits. Following r/investing in 2020 from all the sub reddits would net to the least amount of money, if you followed 100th doomsday posts you would be at net loses hard. While places like r/wallstreetbets made millionaires.

This year is quite different, following any other sub reddit will get people sucked in pumps and dumps, yet r/investing seems to be only one discussing macro economics which helped me understand what is actually going on with the market and netted me quite hefty sums.

Just my thoughts on it, don’t take it too personally. I would follow the devil himself if his way was the most profitable.

DarkRooster33

Brokerage firms that offer auto stock buying for dollar cost averaging

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Been looking for this too. I don’t know why it’s such a rare feature

Habib_Marwuana

M1finance offers this. It’s different than other brokerages as it’s geared towards DCA and long time horizon investors.

You select stocks/ETFs/whatever and assign a percentage to them. Then you put money into the account and it’ll buy the assigned percentage amount of that holding during it’s morning trading window.

It only trades once per day, but if your time horizon is long term, that shouldn’t really matter.

Full disclosure, I use M1 and invest weekly into it. I like it a lot.

Juanoban

I know trading 212 allows you to do this, but I’m not sure if it’s available in the US. Works in Europe though

vasesimi

Sofi let’s you do weekly, every 2 weeks, or every month for individual stocks. I’ve never personally used that feature in specific, but it seems like it fits what you are looking for. I have used sofi in the past, and I rate them well. My biggest issues with it are no options trading, no after or premarket trading, and it uses apex as it’s clearing house.

thedelgadicone

Stash and acorns offer this but your investment selection may be limited.

niftyifty

Weedmaps merger vote passed. $SSPK will change into $MAPS Tuesday.

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What does Weedmaps actually do/sell and what is their competitive advantage when others try to emerge in the same marketspace?

My understanding is they’re a data hub for dispensaries who pay them to be featured on there. If weed were to become legalized, why would companies continue to use Weedmaps service instead of just listing their business on the significantly larger and more trafficked Google Maps? Will customers download a completely separate app to find the nearest dispensary when another default app on their phone can most likely do the same thing?

DrewFlan

If your going into weed realize that you will eventually be bag holding and waiting for an election year for a pump.

papa_nurgel

Seems like much of value of this is in regulatory barriers:

1) Legal restrictions on who can deliver weed means you Uber/Grubhub won’t touch this space

2) Restrictions on who can open dispensaries means no chain store involvement means retailers rely on SAAS providers for POS, inventory management, etc.

turned_into_a_newt

Honestly not a great business from my viewpoint. The only reason they exist is because Yelp / google find weed controversial. Given how weed is becoming more acceptable / mainstream (NY and NJ both legalized in the last year) I find it unlikely that’ll be the case in the near future

PEGod69

Glad I purchased $SSPK last week at 16

syndicatedmaps

Could a stock market as we know it today continue to exist with a declining population?

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GDP only has two sources of growth:

1. More people in the economy
2. People in the economy become more productive per capita

While #1 is almost certainly going to happen, history thus far has shown that #2 is able to contribute significantly enough to provide positive growth even with declining population numbers in industrialized countries / some cities.

Now, when #2 can stop shouldering the load… who knows?

PENGUINCARL

In a declining population situation, GDP growth will be lower and it is likely that stock market growth will be as well, but that doesn’t mean the stock market no longer works. Maybe it would drop from 7% to 5% or something on average, commensurate with the drop in population growth.

The stock market is the way corporations distribute their profits. Even in a declining population situation, there will be corporate profits. Growth in the economy is not necessary to have positive stock market returns.

Actually, returns on the stock market are compensation for the risks that holders of those stocks bear. It’s not clear whether the risk and market risk premium will increase or decease in the scenario you described. The effect on GDP is more unambiguous.

Agling

Like the entirety of Africa and most of India has yet to industrialize. That’s like 2.5 billion people who have yet to enter the market in a meaningful way. The real issue is whether or not automation will displace labor enough to bring the capitalist market system to its knees. We might just end up with a second wave socialist, communist, Marxist, etc. movement that would be much worse for equities lol.

CrackLover420

We’ve been employing less people to perform more work since the invention of the water wheel. More skilled labor gets replaced by automaton every year. To maintain demand, however, companies will have to do better sharing the profits.

secretbudgie

Yes, in a closed economy that would be the case. But given free flow of capital, I don’t know if it would have the same impact. Obviously that is based on the assumption that foreign countries to the US will buy products from the US.

simonkesterlian

Should Spotify be given a spot in a stock portfolio?

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Too crowded of a space and Spotify is far from profitable. I think we go lower.

TiredCr0codile

>The main issue I have with SPOT is it is the only company in the music streaming game that needs to make money off of music streaming. All the other companies (AAPL, AMZN, GOOG) don’t have to make a penny from their music streaming services because all of these companies have way more profitable lines of businesses

This is an excellent point. Spotify has to break even and profit from music alone while other services can offer streaming as a part of the bundle. I am not too stoked with their podcast strategy but they could turn that power around.

I had a bull thesis for Spotify but it was based on the assumption that they will be able to control music discovery and knock down the rates being paid to the labels but they didn’t work out and Tiktok has really become the platform where pop hits are made which undermines Spotify’s position with the labels.

EfficientInflation67

The music industry is dominated by right holders that basically dictate who is allowed to make money in the space and who not. (Spoiler alert: it is mainly the right holders who are allowed to earn money and everybody else should just survive so much to guarantee that right holders can continue milking the cow).

Even if Spotify is a phantastic service that I believe is better in many ways than services of its competitors, Spotify is still subject to this phenomenon.

Because of this, IMHO Spotify will never be really able to control their bottom line which at least for me makes it a suboptimal investment.

delicious_manboobs

I sold my SPOT on the PSTH news, not wanting too much in the sector. It works out.

While everyone is concerned about television show streaming the area of music and audio might be the better return.

JerseyFatGuy

Spotify is the Netflix of music AND podcasting (a lot of people forget podcasting).

The same risks apply. The media industry is dominated by a few major players. If one player were to spin-off and create their own streaming platform, such as how disney created disney+, it would be a huge risk to Spotify. The problem with Spotify is that they do not create any original content – this protected Netflix. They essentially have no niche.

On the other hand, the major players like Warner Music and UMG have no incentive to create their own platforms at the moment. They’re the ones with the pricing power, and are making money off Spotify without doing any of the work. However, if it comes to the point where Spotify want to start increasing their profit margins, they may start to see the incentive to spinoff.

Podcasting, however, has a huge, extremely lucrative future, if Spotify delivers this well. Embedding advertising into podcasts is pretty normalised, so they could easily increase their profit margins this way. Podcasts have also become a lot more popular over the recent years. Imo, Spotify needs to build their niche here – and they appear to be doing so with their recent acquisitions. Personally, I’d like to see more before I’d add them to my long-term portfolio.

youdonthavemynumber

Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation

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What are good options to invest in to benefit from inflation?

Alldemquestionz

Challenge: Say you have puts against the economy without saying it

DB: Hold my beer

Why can’t any of these big banks accept that maybe, just maybe, the fed could be right here?

If anything – I’m more worried about deflation and a low value workforce. Exponential growth in technologies is going to leave many behind. Inflation? People won’t be able to pay for stuff without a government subsidy soon (oh wait… that kind of sounds like today?)

FilledBricks

I’m not sure what to think of this.

From 2000 to 2005 there was 13.4 % inflation

From 2005 to 2010 there was 11.7 % inflation

From 2010 to 2015 there was 8.7% inflation.

From 2015 to 2020 there was 9.2% inflation.

So there hasn’t been that high inflation lately. Especially 2018 and 2019 where the inflation was 1.8% and 1.2% respectively.

So when 2020 had an inflation of 3.2%, mostly due to large stimulus, I don’t find it that alarming, since the last 10 years the inflation has been low, and 2018 and 2019 in particular has been low

Sure. If we see a huge increase in 2021 that might be cause for worry, but if the inflation for all of 2021 lands under 3% I think we can be safe.

I think most of the scare comes from that the April inflation was 4.2% (comparing 2020 to 2021), and is the latest month we have data for.

But then again, the inflation for April 2020 was 0.3%, the second lowest of the year after may 2020 (0.1%), so a big uptick is warranted.

It’s just scaremongering.

_Kazt_

O shit, another “This is gonna be like 1970” fears mongering, from the worst performing investment bankers among others.

I’m telling you, if you get this right you gonna be the next Michael Burry.

07Ghost

Banks profit from higher interest rates. Bank argues that the FED should raise the interest rates.

Nothing surprising here!

dubima_sfw

Why are investment firms like Blackrock and others buying up single family homes across the US?

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Because they know housing prices are gonna continue to skyrocket

oarabbus

I have no idea what, but something should be done to restrict this.
I rarely advocate interfering in the markets but this is very worrying and a dangerous path to go down, mega corps forcing real people out of the market and into a perpetuaty of renting.

Side note ‘you will own nothing and you will be happy’, I wonder if Blackrock have any connections to the WEF?

efrost55

Their cost of capital is so much lower than anyone else that they can overpay and still make money.

FlyATX

Real Estate is a hedge against inflation.

And right now, with interest rates low, buying a house is attractive but other low risk investments are not.

kittensvspuppies

Because they’re playing all sides. Real estate ownership is becoming a luxury/status symbol. 30 years from now owning a single family home anywhere near anywhere anyone wants to live that also has work will be through inheritance or by the wealthy. Look at London for the long term path or Silicon Valley for the short. Silicon Valley today is Dallas in a few decades.

gammaradiation2

Meme Stocks Under Official SEC Investigation

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There is really nothing the SEC can do. It’s not like there is one person to blame. The worst thing they can do is try to force reddit to ban talk of GME, which I think is already extremely unlikely.

greyenlightenment

Elon Musk obviously knows he is able to manipulate markets, both the stock market and cryptocurrency market, due to his influence and position in society.

If we, simple Reddit traders, are being investigated for taking advantage of a situation that was presented to us, then Elon should be investigated as well.

I don’t know much but I know he is able to manipulate people and markets, so I’m hoping he isn’t off the hook.

Mr_Fisttini

Nokia has barely done any thing since January. Looks like I’m finally at break even and a good time to exit and free up those funds.

papa_nurgel

Biogen (BIIB) drug Aduhelm (Aducanumab) Approved by FDA for Alzheimer’s Disease Treatment

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This drug is heavily debated still. It has no clinical endpoints showing improvement in cognitive function.
It just decreases a certain protein that we think might be a factor in AD (but it’s not proven). The drug have been approved with the condition that after release , phase 4 trials needs to be continued and if it shows no effect on cognition then most likely will be removed

TLDR; drug doesn’t work for Alzheimer’s , still needs more investigation and mostly won’t show any difference in the future.

Kaboum-

Check out LLY. Up over 12% today on this news. They have a (likely) better Alzheimer’s drug, Donanemab, that is facing upcoming FDA approval. It seems likely that based on BIIB’s approval, LLY’s will have a strong chance of approval as well.

LeocantoKosta_

Trading halted.

Euphoric-Visual-6072

Pretty inexperienced in trading but I occasionally look at pharma stocks out of curiosity for the past couple years now (as my line of work now involves them) and they don’t really make too much sense to me. I follow company stocks after news of approvals or label expansions for cancer drugs specifically. A good example would be Merck and their cancer drug Keytruda. This drug has been the second most selling drug in the world for two years in a row now, and the label for it keeps expanding (meaning it can be prescribed for more types of cancer) and the stock has been relatively unchanged, even dipping sometimes when there is this news. I get that stocks are speculative and price may not necessarily correlate to performance, but could someone explain how pharma companies that have been doing very well the past few years have had relatively unchanged stock prices?

PaulieSlew

Due to questionable results from clinical trials, I am buying puts on Biogen.

PS: I am a pharmacist.

Leading-Slice-7369

Lordstown Motors (RIDE) says that it doesn’t have sufficient cash to start commercial production

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This company has just been a straight train wreck.

– CEO caught lying
– CEO giving the world’s worst interview on CNBC
– Late to post their quarterly results
– Not enough cash to continue operations

Easy to see that this company has been shorted for a reason and I find it amazing that people are still willing to throw money into this

mcoclegendary

Someone needs to learn how to draw better pictures, and find a hill to roll trucks downhill.

What proportion of EV is pump and dump?

Icy-Factor-407

And now we have someone from S3 partners sharing short interest data on Twitter with very high borrowing rates, perhaps to “help out”?

An amendment to the annual report with a going concern statement means the auditors likely shat a brick. I’m really getting concerned that people are looking at short interest as a stand-alone measure as to whether to invest in a company without even pulling the K’s or Q’s.

Halister

If you cant get funding in this market then your business is just hopeless.. funds are scouring the globe for random stuff to throw money at

throawATX

A good playbook now for failing companies.

1. Get the stock to single digit price.
2. Let shorts take control of the stock.
3. Hope WSB catches it with short squeeze posts and hope it gets into meme phenomenon
4. Sell more stock when the stock goes up and continue with business

Force_Professional