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Maybesew
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(03-15-2017, 09:20 PM)
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Originally Posted by Captain Smoker

Why is the S&P 500 and literally everything going up suddenly?

Euro also up 1%, fuck. xD

The fed announcement was an hour ago, but its strange that the move was totally expected and the market still reacted this way.

The only thing that does't make sense is the dollar is down, and it should be stronger with higher rates
ClosingADoor
Member
(03-15-2017, 09:34 PM)
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Originally Posted by Maybesew

The fed announcement was an hour ago, but its strange that the move was totally expected and the market still reacted this way.

The only thing that does't make sense is the dollar is down, and it should be stronger with higher rates

Computers kicking in after the decision is official maybe.
Joe
Member
(03-15-2017, 10:10 PM)
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Edit: nevermind!
Captain Smoker
"Hey! What's your name
  then?"
"Mancomb Seepgood."
(03-15-2017, 10:39 PM)
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Originally Posted by BeforeU

http://finance.yahoo.com/news/fed-ra...142524828.html

For the first time this year, the Federal Reserve raised interest rates, a widely expected move following strengthening economic reports and signals from Fed officials. After its two-day policy meeting, the Federal Open Market Committee voted to raise the range of the federal funds rate to 0.75% and 1.00%, citing progress in labor market growth, business fixed investment and inflation. “In view of realized and expected labor market conditions and inflation, the Committee decided to raise…the fed funds rate,” the central bank wrote in its statement.

Originally Posted by Maybesew

The fed announcement was an hour ago, but its strange that the move was totally expected and the market still reacted this way.

The only thing that does't make sense is the dollar is down, and it should be stronger with higher rates

Thanks, just saw it on Google Finance. ;)


So, Dutch people seem to reject Wilders.

Time to invest in an european ETF.* ;)


*If Le Pen fails as well
Ether_Snake
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(03-16-2017, 02:09 AM)
So the rumor is the tax rate on capital gains will go from 50% to 75% in Canada, in the next budget on March 22nd. WTF:(
ClosingADoor
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(03-16-2017, 02:17 AM)
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Originally Posted by Ether_Snake

So the rumor is the tax rate on capital gains will go from 50% to 75% in Canada, in the next budget on March 22nd. WTF:(

Wow. How are they justifying this? 50% is already enormous. Over here we pay 1.2% over capital above 25.000. Although that will be both if you win and lose money, they just assume your return is 4% and charge a tax rate over that.
Ether_Snake
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(03-16-2017, 02:46 AM)

Originally Posted by ClosingADoor

Wow. How are they justifying this? 50% is already enormous. Over here we pay 1.2% over capital above € 25.000. Although that will be both if you win and lose money, they just assume your return is 4% and charge a tax rate over that.

I should rephrase that, they tax you on 50% of your gains, so if you made $1000 they will apply a tax on $500 of that, so let's say you'll give them $250. Now I guess you'd lose $375 on 1000.

It's so dumb, all of that should be adjusted based on income, like so many other taxes.
kiunchbb
www.dictionary.com
(03-16-2017, 02:53 AM)
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50% of the realized gain is tax? WTF who the hell would want to invest with that? Doesn't that also discourage saving for retirement?
BeforeU
Oft hope is born when all is forlorn.
(03-16-2017, 04:39 AM)
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Originally Posted by Ether_Snake

I should rephrase that, they tax you on 50% of your gains, so if you made $1000 they will apply a tax on $500 of that, so let's say you'll give them $250. Now I guess you'd lose $375 on 1000.

It's so dumb, all of that should be adjusted based on income, like so many other taxes.

I dont think thats how it works.

50% of your gain is taxable income. Doesnt mean you pay 50% tax on your 50% gain.

It would be added to your salary amd then whatever tax bracket you fall into.
ClosingADoor
Member
(03-16-2017, 01:14 PM)
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Getting out of steel again. Waiting for a few percent drop before buying back in. Made 7 trades over the last 3 months with a steel company, every time a few percent. Adds up to a return of 30% now on the capital used. See if that can get a bit higher still over the next months.

Originally Posted by BeforeU

I dont think thats how it works.

50% of your gain is taxable income. Doesnt mean you pay 50% tax on your 50% gain.

It would be added to your salary amd then whatever tax bracket you fall into.

That sounds a lot more reasonable.
Ether_Snake
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(03-16-2017, 02:05 PM)

Originally Posted by BeforeU

I dont think thats how it works.

50% of your gain is taxable income. Doesnt mean you pay 50% tax on your 50% gain.

It would be added to your salary amd then whatever tax bracket you fall into.

I know but if you count federal and provincial taxes, you get taxed on 50% of your gains and easily end up paying close to 50% on that.

Either way they would now tax 75% of gains.
BeforeU
Oft hope is born when all is forlorn.
(03-16-2017, 02:33 PM)
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Originally Posted by Ether_Snake

I know but if you count federal and provincial taxes, you get taxed on 50% of your gains and easily end up paying close to 50% on that.

Either way they would now tax 75% of gains.

Where did you read about 75% and how likely will it happen? Because thats sure as hell upsetting. First they reduced the tfsa limit from 10k and now this shit.
CrazyShady
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(03-16-2017, 05:04 PM)
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Originally Posted by BeforeU

I dont think thats how it works.

50% of your gain is taxable income. Doesnt mean you pay 50% tax on your 50% gain.

It would be added to your salary amd then whatever tax bracket you fall into.

This is exactly how it works. It isn't a 50% tax on the gain, it means only half of your gain is taxable.

Originally Posted by BeforeU

Where did you read about 75% and how likely will it happen? Because thats sure as hell upsetting. First they reduced the tfsa limit from 10k and now this shit.

I was absolutely furious when the TFSA limit dropped, that thing is a gem. I'd also like to know where the 75% info came from! That isn't something that can just be dropped on people.
Joe
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(03-16-2017, 11:26 PM)
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Anyone considering SNAP if it gets to ~$15?
BeforeU
Oft hope is born when all is forlorn.
(03-16-2017, 11:36 PM)
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Originally Posted by Joe

Anyone considering SNAP if it gets to ~$15?

If twitter is worth only 10 billion what makes SNAP worth twice as twitter?. Its market cap should be half of twitter's. There are lot of SNAP replacement out there. Messenger, Instagram even whats app have that feature now. Twitter is one of a kind and they still struggling.
CrazyShady
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(03-16-2017, 11:40 PM)
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Originally Posted by Joe

Anyone considering SNAP if it gets to ~$15?

Its tough to judge considering even the owners aren't sure how they can become profitable. I do believe Snapchat has less serious problems than twitter but they need some consistent increase in revenue closer to profitability for me to buy in.
BeforeU
Oft hope is born when all is forlorn.
(03-16-2017, 11:59 PM)
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Originally Posted by CrazyShady

Its tough to judge considering even the owners aren't sure how they can become profitable. I do believe Snapchat has less serious problems than twitter but they need some consistent increase in revenue closer to profitability for me to buy in.

I would love to know why you think that. Twitter is already struggling how to monetize and you think Snapchat would somehow be in better state?

Also every high profile individual uses Twitter to connect with people, they have a better and way bigger audience than Snapchat will ever have
ClosingADoor
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(03-17-2017, 12:05 AM)
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Originally Posted by BeforeU

I would love to know why you think that. Twitter is already struggling how to monetize and you think Snapchat would somehow be in better state?

Also every high profile individual uses Twitter to connect with people, they have a better and way bigger audience than Snapchat will ever have

Twitter is still mostly text and hard to monetize through ads. Snapchat has it easier that way, you can just push it between the content. Snapchat is more visual, so it has more options for high impact advertising between it.

It is also going for deals with content to get people to spent more time in the app, and then they can monetize that.

That said, I wouldn't bet on Snapchat myself. It can really go either way, depending on their growth and if they can push it as a good platform for ads.
Ether_Snake
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(03-17-2017, 01:27 AM)

Originally Posted by BeforeU

Where did you read about 75% and how likely will it happen? Because thats sure as hell upsetting. First they reduced the tfsa limit from 10k and now this shit.

That's a rumor going around.

http://business.financialpost.com/pe...-tsx-or-loonie
Mrbob
how can the baaasheep
enjoy the shootbang?
(03-17-2017, 01:40 AM)
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Originally Posted by Ether_Snake

I have VNQ. Three funds are VEA, VIGI, BLV, VNQ, the later is the REIT fund. Those are my non-stock investments in my non-401k account (non-RRSP in Canada). The later three are more or less equal, composing around 60% of my investments. Want to reduce that to maybe 45%, put the rest in VUG and something more diversified, maybe VT. But I have been waiting as everything is really high.

I used to make good returns with video game companies but they have all skyrocketed so I don't like going in now. I would expect a downturn starting in late 2018 or early 2019, too much competition from online games that require high investments and compete even against games of the same publisher.

About time VEA starts to move. I've been tilting my retirement fund more and more towards VEA the past two years and it's really paying off now. I'll keep investing in it too because I feel like VEA still has a long way to go to close the gap with VTI.

I'm about 60/40 us/international now which is considered high but I don't like to be tied to like 75/80% USA stock market only.
Ether_Snake
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(03-17-2017, 01:53 AM)
edit: nevermind, was looking at a one year chart.
Captain Smoker
"Hey! What's your name
  then?"
"Mancomb Seepgood."
(03-17-2017, 04:05 PM)
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Expedia has been a nice buy so far, almost +8% since I bought it ten days ago.
Joe
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(03-20-2017, 12:12 AM)
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How do you do due diligence on a stock? Do you have any pointers or a good how-to I could read?
Sakujou
Banned
(03-20-2017, 12:15 AM)
any guide a GAFer can recommend to get into stocks n stuff?
something which is readable and where you maybe can start early/easy off?
BeforeU
Oft hope is born when all is forlorn.
(03-20-2017, 01:26 PM)
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Originally Posted by Sakujou

any guide a GAFer can recommend to get into stocks n stuff?
something which is readable and where you maybe can start early/easy off?

where are you from? You need to find an online brokerage first.
Usobuko
Member
(03-20-2017, 04:22 PM)
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I'm glad I got into nvidia at 96.50

Was wondering when to pull the trigger all these time.
Evon
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(03-20-2017, 08:24 PM)
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AUPH up to 9 USD (+17%) already today. Glad that I bought in last week when it was stable at ~7.70 USD. Thanks for the tip, ColdPizza.
ColdPizza
Banned
(03-20-2017, 08:31 PM)

Originally Posted by Evon

AUPH up to 9 USD (+17%) already today. Glad that I bought in last week when it was stable at ~7.70 USD. Thanks for the tip, ColdPizza.

Just don't be mad at me if this dips back down from here. =)

I suspect their latest offering is closing today, hence the move up.

Hoping this will test new highs later this week.
Maybesew
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(03-20-2017, 10:10 PM)
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Originally Posted by ColdPizza

Just don't be mad at me if this dips back down from here. =)

I suspect their latest offering is closing today, hence the move up.

Hoping this will test new highs later this week.

I'd be fine with it hanging out here for a couple weeks, my puts expire in 32 days.
kiunchbb
www.dictionary.com
(03-20-2017, 11:16 PM)
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GNMX -60% today, gg no re. Still up in 2016 overall, but this hurts, may be there's a chance to re-enter.
ColdPizza
Banned
(03-21-2017, 01:02 AM)
AUPH data being presented on Sunday/Monday. Probably won't move the stock a lot but I'm feeling confident it will be positive.
haveheart
Banned
(03-21-2017, 01:08 PM)
Is it still a good time to get nVidia?

Now that we know they're doing the Switch chips? Nvidia has been on a constant rise for a year now.

What's the infleunce of the new AMD stuff (Ryzen, Vega) on them? They are too stable right?

And isn't it a pretty bad time for Vega? I got the feeling that everyone bought new graphics cards last year and there won't be low end Vega cards, right?
BeforeU
Oft hope is born when all is forlorn.
(03-21-2017, 02:00 PM)
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Originally Posted by haveheart

Is it still a good time to get nVidia?

Now that we know they're doing the Switch chips? Nvidia has been on a constant rise for a year now.

What's the infleunce of the new AMD stuff (Ryzen, Vega) on them? They are too stable right?

And isn't it a pretty bad time for Vega? I got the feeling that everyone bought new graphics cards last year and there won't be low end Vega cards, right?

Yes i think nvidia is a good buy for long term but not because of the reasons you have listed lol i dont think couple of million more switch sell will change their outcome but their work in automobile will start to pay off.
ColdPizza
Banned
(03-21-2017, 03:44 PM)
Haha, and there goes AUPH again
ClosingADoor
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(03-21-2017, 05:24 PM)
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What's the panic in the steel market? Going down a fair bit and hit my buy order. See if it recovers again in the next few days.
ColdPizza
Banned
(03-21-2017, 05:36 PM)

Originally Posted by ClosingADoor

What's the panic in the steel market? Going down a fair bit and hit my buy order. See if it recovers again in the next few days.

entire market is going red today it seems
Joe
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(03-21-2017, 09:17 PM)
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I'm guessing SNAP has been up the past couple of days on news of Apple's AR glasses interest? Helps make Spectacles more legitimate?
BeforeU
Oft hope is born when all is forlorn.
(03-22-2017, 12:39 AM)
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Fuck everything went down today.
ClosingADoor
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(03-22-2017, 12:50 PM)
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Buy the dip or are we in for a larger downturn... Couldn't go up forever of course.
Ether_Snake
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(03-22-2017, 02:18 PM)
A lot is emerging about Trump and his gang, so I would suspect some chaos ahead.
Maybesew
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(03-22-2017, 07:33 PM)
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Originally Posted by ClosingADoor

Buy the dip or are we in for a larger downturn... Couldn't go up forever of course.

I thought this graph was kinda interesting. It shows how long we've gone without even a 5-10% correction.

Ether_Snake
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(03-23-2017, 02:23 AM)

Originally Posted by Maybesew

I thought this graph was kinda interesting. It shows how long we've gone without even a 5-10% correction.

You know that means Trump is getting arrested. Something has to bring it down.
Mrbob
how can the baaasheep
enjoy the shootbang?
(03-23-2017, 04:04 AM)
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Tomorrow might be the trigger of the GOP can't push their health care package. We need a 5 to 10 percent pullback as the market has run too high since election. Well the USA market at least. I still think developed overseas and a little emerging market is where to be right now but I could be wrong.
Ether_Snake
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(03-23-2017, 04:05 AM)
I expect the bill to pass though, unless there are huge developments tomorrow that would make the GOP want to distance themselves from Trump in every imaginable aspects. Doubtful that would happen tomorrow.
Maybesew
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(03-23-2017, 06:54 AM)
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Anyone going to play the Game Stop earnings announcement?
BeforeU
Oft hope is born when all is forlorn.
(03-23-2017, 03:28 PM)
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Originally Posted by Mrbob

Tomorrow might be the trigger of the GOP can't push their health care package. We need a 5 to 10 percent pullback as the market has run too high since election. Well the USA market at least. I still think developed overseas and a little emerging market is where to be right now but I could be wrong.

US market affects EVERYTHING even emerging market depends on US. Everything will go down.

I put an order to sell GOOG at 850 couple of days ago and was under the impression it went through, but it didnt and it has dropped almost 3% since lol i am going to hold though
kiunchbb
www.dictionary.com
(03-23-2017, 04:40 PM)
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It is really hard to time the crash, every quarter someone predicted a crash and yet it been going up every year. May be Obama just did fine job of building our economy.

If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.

Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?
ColdPizza
Banned
(03-23-2017, 06:05 PM)

Originally Posted by kiunchbb

It is really hard to time the crash, every quarter someone predicted a crash and yet it been going up every year. May be Obama just did fine job of building our economy.

If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.

Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?

in the meantime i'll be building up my savings to invest when that happens
Maybesew
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(03-23-2017, 07:45 PM)
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Originally Posted by kiunchbb

It is really hard to time the crash, every quarter someone predicted a crash and yet it been going up every year. May be Obama just did fine job of building our economy.

If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.

Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?

depends on what you mean by relatively well. everything got whacked hard

edit: looking back at a chart WMT actually did reasonable, MCD got slammed but came back too
BeforeU
Oft hope is born when all is forlorn.
(03-24-2017, 04:28 AM)
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Originally Posted by kiunchbb

It is really hard to time the crash, every quarter someone predicted a crash and yet it been going up every year. May be Obama just did fine job of building our economy.

If I have to make a bet, the crash will probably happen 1 or 2 years after the tax cut and deregulation actually happened.

Anyone remember what stocks performs relatively well during the previous crash? Wasn't it McDonald, Walmart, and a few food companies?

Doesnt Gold always go up when everything crashes? Right now is a good time to buy Gold

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