Stock market/ investors group interest?

Interest Groups
#35

I’ve always looked at the stock market like Las Vegas, only with much better odds. There are companies that are extremely speculative, like betting long odds, but the payoff is very good if you win. There are relatively safe bets that pay off most of the time but there aren’t any guarantees.

I have a friend that didn’t want to take any chances with his retirement account from his job. He knew someone that put all of their money into a stock (somewhere, no, I don’t know who or what) and lost all of their money. So he put all of his retirement in guaranteed bonds making 2%-3%. Now that he’s retired he doesn’t have much money and had to take another job.

I met someone a few years ago that proved to me that you can get educated about a company’s financial numbers and have a good chance of buying stocks that will either increase in price or pay off in dividends so that your investment will grow. I’m told that the market typically grows at near 10%-12% effectively over a long period of time. Even if you make half that at 5%-6% it beats the bond market or a bank CD at less than 1% nowdays.

#36

This is tonight in the Lecture Hall. Hoping we have a good turn out.

#37

Thanks for being here tonight, guys we had 6 people turn out including Walter and I. Walter talked about setting up a statistical model to test stock picking data using past data from online. The programs he suggested were “R” or Python. We are going to try to set up a model using data on the Dow Dogs strategy and the Little Dow Dogs or Dow Puppies strategy. Here is a link to the Wikipedia article on the Dow Dogs stock picking strategy: https://en.wikipedia.org/wiki/Dogs_of_the_Dow .

The short version is that the Dogs of the Dow stocks are the 10 Dow Jones Industrial Average stocks who pay dividends and whose dividend payment is the largest percentage of their share price. The Small Dogs of the Dow or Dow Puppies strategy picks the 5 lowest priced stocks out of the Dogs of the Dow. These are re-evaluated once a year and changed as needed.

We are working towards getting a Stock Market interest group. Future topics might include numbers used in stock analysis such as EPS and P/E ratio. I envision playing a stock trading game on paper similar to fantasy football; “Fantasy Stock-trading” that might help learning to pick stocks and form stock strategies.

#38

I requested a classroom for next Friday Feb. 12 and again Feb. 19 at 7 PM to 8 PM. The Lecture Hall has a class scheduled next week so we will be in the Conference Room on the 12th. We will be back in the Lecture Hall on the 19th.

#39

Perhaps playing the stock market game would be a good way to start? Allow yourself(ves) a reasonable budget of monopoly money and ‘invest’ for 2 or 3 months.

#40

We’d have to set up rules for the stock game such as how much everyone starts with, what is allowed to be traded (ie. only NYSE? or stocks only but not futures or options?), and how much we would be charged for trade/broker fees when we buy/sell? We might start really simple and change the game as we learn more.

#41

You might even want to designate one or two of the members as brokers let them collect the fees and in return they could offer tips or suggestions based on more targeted research while adding a touch of realism it would also give some interesting feedback both into research and as to how it’s going to feel to have a hot tip go sour

#42

LOL! I haven’t ever had advice that made money.

#43

Our second class is tonight at 7 in the conference room off of the common room. I’ll post a piece of paper in case anyone is confused. I’ll also try to bring additional details about the Dogs of the Dow stocks. An additional, if anyone wants to bring any stock books to lend/ discuss please feel welcome.

#44

We had a good group last night (Fri.) of 6 people. We didn’t do the anticipated Monte Carlo stock analysis but Jim brought information on one of Charles Schwab’s investment products that he explained in detail. After 8 PM the discussion continued on some basic stock terms and events. We also discussed some current economic conditions and how they might affect the stock market.

I will be looking into making this an interest group and finding a committee to host us so that we can store a small shelf of books and magazines related to the stock market.

#45

I’ll be glad to share a few thoughts on how I built out my trading platform, newsroom, and do market research.

#46

I have us set for the Lecture Hall on Friday night at 7 PM. I’ll be looking forward to hearing @denzuko give us details on analyzing stock. Class is open to all, members or not.

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#47

I hope we will have a few people for this Friday’s meeting. I will be making an effort to display and review a few basics on reading a company 10-K and 10-Q SEC filing.

#48

What does everyone use? I started playing with the market using this app and so far so good :frowning: just not a large investment at this time. But nock in wood no loss yet.

#49

Robinhood is a good one and its on my radar for a trading platform but mostly I use both tradingview, feedly, and since I already have my 401k with FNF I went with thier trading platform so I can roll over profits between the brokerage account and my ira without any delay.

Bonds and savings i have with Ally since they have a higher yield on APR.

As for physical commodities that I do trade in; I go with apmex directly and binary options for hedging I went with the more upstanding Nadex. Bitcoin trades go through coinbase but Fidelity.

Disclosure: I work for Fidelity Investments as a Software Engineer in Test and not as a investor therefore I do not have a series 7/8 licensing from FINRA. Any option or statement is held solely on my own behalf from my own experiences and not that of Fidelity Investments. All statements made by myself should not be taken as professional advice.

#50

Lately I’ve been doing research on fibonacci dates and ganttz market analysis for technical timing of the market. Things have been promising and if we’re wanting to do a short interactive lecture on the subject I’ll be glad to host.

#51

That would be okay by me! Right now we don’t have anything scheduled so if you want to schedule a class you could also put in for honorarium (if desired) and schedule for the night that is convenient.

P.S. Sorry the delay in answering, I’ve been out of town on vacation.

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#52

Ok guys, now that I’m no longer with Fidelity and there is now no potential issues with conflict of interest…

I have a few ideas for the group to double our portfolios and been pitching to some startups. The thought is setting up an Investment fund for the group and doing a sort of maker “shark tank”. Thoughts? Comments?

I have a few other ideas as well and a course or two outlined for restarting the meet ups. But want to see if there’s still any interest over all.

#53

Rising from the grave like a great stock trade… we have a discord channel: https://discordapp.com/channels/85746915295137792/85746915295137792

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#54

Anyone tracking AMZN? https://www.tradingview.com/chart/GJ8GUNBr/