Anybody picking up ATT stock?

[Coronita]

holy shit. Adobe after hours.
https://finance.yahoo.com/quote/ADBE?p=ADBE

[Coronita]

Broadcom also came in better than expected.

https://finance.yahoo.com/quote/AVGO

2020 guidance also good.

[Myriad]

[quote=flu]Broadcom also came in better than expected.

https://finance.yahoo.com/quote/AVGO

2020 guidance also good.[/quote]

The discussion is that Broadcom wants to sell off the wireless unit.

[Coronita]

Avago (not even gonna call it Broadcom) is nothing more than a chop shop. I am not surprised the are trying to sell the wireless business.

Hock Tam is a businessman and Broadcom is nothing more than M&A chopshop. He will slice and dice companies the moment margins start to show signs of slowing down. Great for shareholders , terrible for employees. that’s why I left the moment I fully vested shortly after the acquisition closed.

Henry cared more about the Mighty Ducks than Broadcom imho.

[Coronita]

S&p hitting records.
Dow near record… Ho ho ho… Santa Claus rally.

2019 will finish awesome1

Cardi B sums it up:

I said I like it like
Now I like dollars, I like diamonds
I like stunting, I like shining
I like million dollar deals
Where’s my pen? Bitch I’m signin’
I like those Balenciagas, the ones that look like socks
I like going to the jeweler, I put rocks all in my watch

Short sellers or those that did the ultra bear leveraged ETF totally getting their asses kicked. Ha ha.
lol.

[Coronita]

I really like how Schwab, ETrade, Fidelity, Robinhood, etc all have $0 commission trades. Now it’s easy to do a timed /slow drip investment to individual stocks similar to what one could do for index or low cost mutual funds.

For example FedEx and Berkshire Hathaway are great examples. Now you can buy 50 share or 100 share increments or lower and not get killed by trading commissions… heck you could even buy 10-20 shares. some of the stock I track, I’m getting lazy to track so I just buy 1 share so it would show up in my portfolio panel where I can see it. lol.

I think that in itself gives people just starting out the ability to do a slow and steady investment into pretty.mich anything without getting slapped with so many fees. Also allows me to switch from traditional index funds that have a 1 day buy/sale period to ETFs that could be bought/sold during market hours.

No more big one hand plays into individual stocks , which could open yourself up to significant risk if you guess wrong. You can literally drip invest into individual stocks without needing to use those special brokerage/firms specifically for drip investing. imho this is a game changer because for example, you could build yourself a portfolio by directly buying the same stocks that a particular mutual fund does, with roughly the same percentages as the find does….without forking over management fees that are buried into the fund….you couldn’t do this before without getting killed by trading commissions.

[The-Shoveler]

I like the Idea you can be in and out of a stock only making or losing a few bucks without getting killed in commissions LOL.

[Coronita]

For example, if you wanted.to build a Dog’s of the Dow portfolio, and you only have $10K to do it with, you could do so now with no trading commissions , by buying just a few shares of each company making up that portfolio.

There is no real “Dogs of the Dow” mutual fund, or at least not to my knowledge. And before if you had cash off to the side, it probably wouldn’t be enough to entertain the idea since many of the components that make up of the Dogs are really expensive and dealing with sub 100 shares and trading commissions would not make it worthwhile if you had to buy 20 different stocks with just a few shares. But now you can do that. Since trading commissions are now more or less $0.

So rather than parking so much in cash, maybe the strategy is to carve a tiny portion out, and to build your own fund. BYOF. increase the risk slightly, for increasing your chances of doing better than that 2% money market.

I am waiting for Schwab to update their trading platform so you can do just that. Specify you want to invest $10k across a basket of stocks, distributed by specified percentages…and do this at the end of every month….this gives regular people a huge upper hand. or I should say regular non-lazy people who are willing to do their own homework. Aim small, miss small.

[Hobie]

Flu: Spot on as usual! These zero cost trading accounts I think are having a positive effect in bringing in parked cash into the market.

I have a family member who thinks we are in for a giant recession and has a ton of cash in a bank cd. Yup at .03% or whatever. But now is slowly buying a stock or two cause it, “doesn’t cost her anything”.

[Coronita]

recession or not. It’s like the same concept that one normally would do index funds over 5-10-15-20 years. The biggest advantage of an index fund was you could make really tiny $300 contributions each month and forget about it. You can do this with ETFs now too… And pretty soon, hopefully it will be easy to do this with your own basket of stocks. rather than moving a big chunk of it all at once hoping you times it right.

Times have certainly change. When I got my first trading account while I was a teen in 1990, it was like $72 from Pacific Brokerage to buy 300 shares of Intel. Then when I was in college, I was all giddy when Schwab offered a flat rate $49.95…. Then when I started working 96, trading commissions dropped to $29 flat fee when I bought my first shares of Qualcomm stock…Whohoo… And then it became $12.95, and $9.95 And then $4.95….And now it’s $0.

People these days are so lucky.. Well, technically they still charge you pennies for certain things like ADRs. But I think out of my 363 trades this year, 172 trades were after the no commission change went into effect, and I think I paid a total of $3.23 in fees. lol.

[Coronita]

speaking of free.

https://qz.com/1772017/robinhood-fined-1-25-million-by-finra-for-trading-violation/

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