Because of Fed reserve balance sheet, gold/oz reaching $4,000 is highly likely. However, Barrick and Newmont are both signaling either increased costs (inflation) or lower/stale gold prices for the near term. I think gold will become another buying opportunity within the next 6 months for another ~80% monster run.

Gold is in that periodization in its near 15year cycle where it usually ends with a blow-off top.

Barrick is my preferred gold miner; better assets and more copper and it tends to trade with copper at times more than gold. Copper is looking bullish here which offset miner's costs so I lean toward gold per ounce coming down going into next year, possibly until Feb-March which is gold price season due to seasonal mines being offline.

Is this a good company to invest right now? Why is it 100% buy recommendation? Q3 earnings are out and it looks good but why does the price keeps declining?

Why is no one talking about this company? It went up this year up to $230+ but then suddenly drop again.

Extracted from Investing.com

Company Outlook Q4 revenue forecast between $253 million and $267 million, with gross margins of 54% to 55%. Operating expenses projected to be between $66 million and $68 million. Inventory expected to decrease by $8 million to $10 million, dropping below $300 million by end of Q4. Strong demand anticipated in the first half of 2025, particularly in AI packaging and logic markets

Key Takeaways Record Q3 revenue of $252 million, up 22% year-over-year. Gross margin reported at 54.5%. Record cash generation of $67 million from operations. $10 million delay in JetStep lithography revenue; however, inspection revenue is expected to nearly double this year. Strategic acquisitions to expand addressable market and revenue potential. Positive outlook for 2025, with strong demand in advanced packaging and process control.

Let me know your thoughts on this.

I’ll keep it short. My wife and I have around 115k not including my 401k split between several individual stocks. It’s become really stressful because I’m constantly afraid one or all of them are going to tank and we will lose a significant amount of money. We’re in our late 20’s, live pretty frugal and have a goal of retiring as early as possible. My question is would it be best to put this money in a safe index fund, or some type of savings account with a locked in interest rate

Mom is 80, just sold a condo and netted $100,000. Her social security and dad's pensions more than cover her monthly budget, and she has $50,000 in Chase stock where she just reinvests dividends. Where would you suggest investing her money? She doesn't need the money to grow at a large rate, but she doesn't want it just sitting in a savings account.

Thanks!

I can’t seem to find the answer to this question and was hoping someone here would know. I have a stock that is doing terribly and I’m going to sell it for a rather large loss. I have another stock that is doing fantastically. If I sell the stock that is doing great, I will realize a gain that is just about equal to the loss that I will experience in the stock that is terrible. Can I sell the stock that is doing well just to realize the profit so that I can write it off against the loss, and then buy the great stock back just about immediately? I have no intention of buying the losing stock back so it won’t trigger a wash sale.

After ASML’s Q3 results publication, the stock declined by a stunning 20%. This market reaction was mainly due to the revised outlook and shrinking order book. The semiconductor market can be very cyclical in the short term, but is driven by many long-term growth trends. In this article, we’ll explain why ASML is likely to stay on top in its league and why it’s so difficult to replicate ASML.

ASML engineers working on one part of a machine

Let’s explain ASML first, in case you don’t know the company. ASML is the worldwide leader in lithography systems, capturing more than 90% of the market. Simply put, lithography is the process of projecting patterns on silicon wafers; a crucial and complex step in making advanced semiconductors. ASML’s customers are chip manufacturing companies like TSMC, Samsung, Intel and SK Hynix.

You can distinguish two types of lithography machines. The first one is DUV (Deep Ultra Violet), used for making less advanced chips. The second one is EUV (Extreme Ultra Violet). This last technology has been fully operational since 2020 and can be used for making the world’s most advanced chips. This enables customers to produce chips with transistors of only 2-3 nanometer (one-billionth of a meter).

1. ASML’s long-term vision and development pipeline are unmatched. ASML started researching EUV technology in 1990, which means it took around 30 years to develop this technology to its maximum potential. You might think: “Well, aren’t competitors working on the same thing?” They tried, but they failed. Companies like Nikon and Canon halted substantial investments in EUV technology because of the large gap with ASML and the struggles they experienced. What about DUV, the less complex technology? In that area, ASML has a market share of around 80%. The yield that ASML’s lithography machines realize for its clients is unparalleled. China bought a DUV system, installed it at a main university and tried to rebuild it. Unfortunately, even with all the parts there and reverse-engineering it, they couldn’t make it work again. We hope we made ASML’s lead clear with these statements. What’s even more impressive, is that ASML already installed its first High-NA EUV machine at Intel. This system is capable of printing 1.7x smaller transistors and achieve a 2.7x higher density compared to the NXE (first EUV) machines. And to really show ASML’s long-term perspective; they are already working on the next generation (Hyper-NA).

ASML roadmap

2. ASML holds more than 16.000 patents for its machines, not even counting those held by ASML's exclusive suppliers. These must be respected internationally. Additionally, there is a significant knowledge advantage over competitors that cannot be easily overcome. Switching from ASML requires a total change in operation, as their machines are precisely tailored to customer needs, including personalized on-site support. ASML continuously offers maintenance and adjustments to their machines to prevent downtime, which is essential given the high costs of failure. Therefore, a switch to another supplier would be gradual and complex due to the deep integration and customization that ASML provides.

ASML patents

3. ASML’s supplier network is inimitable. The biggest competitive advantage following former CEO Peter Wennink is the central role ASML plays within the ecosystem. Cooperation, transparency, and trust are critical factors, especially because of the high dependency upon one another. ASML has a supplier base of over 5.100, mainly from The Netherlands and Germany. The parts of these suppliers must be seamlessly integrated with each other to create a lithography machine. Without any of these parts, the machine wouldn’t be able to operate. Some of these critical suppliers, like Cymer, Trumpf and Carl Zeiss SMT, are already (partly) owned by ASML. Many other suppliers solely produce for ASML, which means competitors have no access to the same technology. And to illustrate how complex this machine actually is: only ASML’s CO2 laser, made by Trumpf, consists of over 450.000 parts.

Some ASML suppliers, like VDL and Carl Zeiss SMT

Now you can see why competing with one of the world’s most technologically advanced companies is nearly impossible. ASML is a true masterpiece, built on relentless hard work and collaboration.

Over 50 serious investors have already received part one of the ASML analysis, complete with an in-depth audio analysis. If you, too, want to become a well-informed investor and deepen your understanding of the world’s top companies, consider joining TDI-Premium.

In part one of the analysis, you’ll discover:

• What it takes to produce the most complex machine on earth
• How the value chain within the chip industry is structured
• How ASML’s unique culture helped forge its monopoly

Have a wonderful day and happy investing.

The Dutch Investors

Since I've started investing I've put almost all of my money in VOO. My portfolio is roughly 80% or just under of only VOO and 20ish% stocks. I'm in my mid 20's (26) and I've been totally fine investing in the S&P500. However, I have been informed that I should also be putting a percentage into VTI as well. Because of the potential for a smaller company doing really well during my working lifetime that could be really good for my retirement. I know VOO and VTI have something like an 84% fund overlap, so is it worth doing 70% VOO, 10% VTI, and 20% stocks? Just looking for some opinions, thanks! If it matters I have just under 20k in my portfolio.

Hello everyone! As the title suggests, I set up a UTMA on Fidelity for my young child. I am investing small monthly amounts (about $200/month) so I can set them up for a good financial head start once they graduate high school. So far I have about $2500 invested into the account split evenly between 2 ETF’s ($FZILX and $FZROX) mainly for their zero transaction fees or investment minimums. The thought process is that I want my child to have the full benefit of the investment without having to pay a massive tax penalty when they want to withdraw, which I think these funds do.

So, onto my question; I keep reading a ton about dividend investing and some other funds out there that show better returns on capital appreciation as well consistent dividend growth. My question is can I invest in those funds/securities within a UTMA and if so is it advisable or is it better to stick with the 2 ETF’s I currently invest in?

• October Unemployment rate is 4.1% matching the expected 4.1%.
• Nonfarm payrolls rose only by 12,000, which is much lower than the expected 105,000
• Two major hurricanes and several labor strikes, including a massive one at Boeing, heavily affected the October employment numbers.
• Jerome Powell stated that the central bank does not seek or welcome further cooling in labor market conditions.
• This report significantly increases the probability of the Fed cutting rates by at least 25 bp in this month's upcoming Fed meeting.
• The chance of a 25bp cut has gone up to 98.8% with the remaining 1.2% going towards 50bp for November after this morning's job report according to the CME FedWatch Tool. A 25bp cut would bring the target federal funds rate down to a range of 4.50%-4.75%.
• The state of the economy is highly reflected in the job report, and this one came out 4 days prior to election day.

"Total nonfarm payroll employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care and government. Temporary help services lost jobs. Employment declined in manufacturing due to strike activity."

https://www.bls.gov/news.release/pdf/empsit.pdf

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

The iShares Top 20 U.S. Stocks ETF seeks to track the investment results of an index composed of the 20 largest U.S. companies by market capitalization within the S&P 500 Index.

0.20% expense ratio

It seeks to expand from the M7 to the top 20 stocks. Just started recently. Seems like a fairly reasonable expense ratio. Is it worth putting some disposable cash into this?

Hey everyone, I’m looking for some advice on how to best invest for my kids' future. I’m in the USA and have set up one regular brokerage account under my name for each of my two kids (both under 5 years old). I want to start investing now to ensure their money grows over time, giving them a solid financial foundation as they grow up.

I plan to transfer $100 into each account every month, and both accounts have an initial amount of money. Any gift money they receive will also go into these accounts. I have a brokerage account with Fidelity and am open to investing in a mix of ETFs or individual stocks. I’m even willing to take a more aggressive approach if it makes sense for long-term growth.

I did some research and found that the following ETFs might be good for investing: VOO, XMHQ, AVUV. Should I invest in these ETFs, or are there other options that might be even better for a long-term investment strategy? Also, how should I allocate the money between these ETFs and any individual stocks?

If anyone has experience investing for their children or has a solid strategy that has worked well, I’d love to hear about it. What percentage do you typically allocate to different types of investments?

Thanks in advance for any insights and advice!

So I am calculating the value of a company using cashflows. Those cash flows are made by utilizing the operating assets, like using a machine for 10 years to generate cash flow.

Then you have non operating assets like cash, these don't generate cashflow so we add the value of the cash on at the end.

A machine is an operating asset, the building it is in is an operating asset, and it seems that the land it is on is usually classed as an operating asset. That can't be right, the underlying land value isn't being used up while running the business. shouldn't we be estimating land value and adding it on as a non operating asset.

Thanks for any help

I'm a few years into investing, and I've mainly invested in ETFs the entire time. I've made money, but would also like to start researching individual stocks. This is usually discouraged, but I would research stocks in industries I know, like tech, web, and pharma. For example, I made almost as much with my 10% of individual stocks as I did with all 90% of my ETFs. I know I got a bit lucky buying into NVDA relatively early, but I've built my own computers for two decades and always considered them a solid company. However, I didn't predict the need for Nvidia cards during the AI boom.

More recently, I have been watching RDDT since its IPO. When it sank to 40.00 shortly after the IPO, I felt it was undervalued and a bargain at that price. One significant predictor for me was that most of my google searches would autocomplete with “reddit” on the end of it. Those were my two huge winners out of nine stocks total. Now, I want to invest around 20-25% in individual stocks, but besides a company's financials, I'm unsure where to find the best independent research, free or paid. Any suggestions you might have would be greatly appreciated.

So the stock in question is Tesla.

I have done lots of research into the company and it’s finances and have used multiple methods in order to determine an intrinsic value (including margin of safety) to find a nice entry price. The methods I have used are:

1. Discounted cash flow ($50.49)
2. Multiples valuation model ($31.81)
3. Graham’s valuation model ($179.41)

This is not to say that my valuations are correct by any means, and I accept there could be faults in my calculations. My concern is that Grahams valuation model has produced the highest IV by some margin. However, it seems quite reasonable given how Tesla stock has traded over the last few years that this could be fairly accurate. I just want some advice on how people would use these numbers. Would you:

A- Use grahams alone as a benchmark for IV

B- Try and find an average between all 3 models and use that as an IV value ($81 would be the average), but at the risk that the stock may never drop as low as this so I may miss out on the stock altogether

Edit- Please offer your advice, I am trying my best to learn and would be handy to see what other people do in this situation

I was looking at a real estate company’s quarterly report (Logistea q1 2024). It said that it had 121m SEK of positive value changes in their properties. 35m SEK of those were traceable to an increase on the average discount rate among their properties. The properties are valued to market value on the balance sheet.

How can an increase on the discount rate increase the value?

I am interested in exploring the idea of investing in social housing as an alternative to buy-to-let properties.

By the end of January, I anticipate having between £50,000 and £75,000 available to invest. I am looking for opportunities that will allow me to leverage compound interest, and I am curious if it would be possible to reinvest the monthly rental returns from my initial investment along with an additional monthly contribution I can make.

Ideally, I would like to reinvest the monthly rental income plus an extra £500 each month for the next 10 to 15 years. From initial research, I love the hands off government back approach to this investment.

So I guess in a nutshell, I want to invest upto £75k out the gate, then each monthly automatically reinvest my rent straight back into my initial investment OR towards another property. I don’t want to just collect rent I want to compound it with additional revenue

All advice appreciated!

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.

If you are new to investing - please refer to Wiki - Getting Started

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If your question is "I have $XXXXXXX, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer.

Check the resources in the sidebar.

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

VUSB (Vanguard Ultra-Short Bond ETF)

USFR (WisdomTree Floating Rate Treasury Fund

PULS (PGIM Ultra Short Bond ETF)

LUBOX (Lord Abbett Ultra Short Bond Fund Class F3)

VUSFX (Vanguard Ultra-Short-Term Bond Fund Admiral Shares)

MINT (PIMCO Enhanced Short Maturity Active Exch Tr)

JSDUX (JPMorgan Short Duration Bond Fund Class R6)

JPST (JPMorgan Ultra-Short Income ETF)

Hello Graham, Buffett and Lynch friends, if it's ok to ask which TSLA price (and other stocks not just TSLA) forecasterer has the best tract record of being close to correct when it comes to long term forecasts (at least a year): LongForecast, TradersUnion or WalletInvestor or another favorite of yours?

Thank you in advance.

God bless the investors masterace (instead of traders).

I want to invest in a company that is open to investment through startupengine. I’ve been interested in the company for a while and they just opened their round.

The thing is I’m an American citizen but currently live in Canada. In order to make an account on Startupengine I had to enter a US address so I used my last one where I no longer live.

Will I be breaking any laws by investing this way?

My three fund portfolio is made up of 33% S&P index, 33% tech companies' stock (NVDA and Google), and 33% foreign currency saving. Do you have any advice if I want to go 100% in stocks in the hope to get faster growth? Any sectors except tech is worth investing?

Hello:

I am 40 years old, and started investing late (about 2 years ago).

I am concerned that too much of my money is in savings, and not enough being invested.

Here is some info:

-I currently have around $15K in the VTSAX fund. I send $500 per month to it.

• I have $93K in my savings account (4% annual interest).

• I recently bought my moms house as there is some good equity in it. However, with the new mortgage bill, each month I need to pull around $800 from my savings to cover all of my bills. Edit: Once down season is over for my business, I will not need to pull from my savings. Down season is around 4 months per year.

• Aside for the house, I have no other major debt now. I do not drive, do not have a family or kids.

Here are my questions:

1. Am I keeping too much in my savings?
2. If so, how much more should I be investing?
3. If I send more to my VTSAX, should I send a lump sum? Or is it better to increase the monthly investment?

Thank you for any help!

Hi, I have 3 broker accounts (Schwab, Fidelity, IB) each with a mix of equity (long and short) and options. I can't find a single existing software that can accurately track performance of all 3 accounts. Most of the off the shelf software I've tried has trouble with either shorts, options, or both.

Has anyone found a solution to monitoring multiple accounts with both equity and options? Thank you!

Wondering if anyone else has had this issue with Robinhood. Also hoping u/RobinhoodTeam takes a look.

I had a support call several days ago which got disconnected after I was placed on hold for 60 minutes (!!). Now the app refuses to let me open a support case stating I already have an active call.

I get the below when I click chat with agent or get a callback. When I click Check request status, I get the second image below with no option to contact support!

https://preview.redd.it/zg96d1t6l7yd1.png?width=627&format=png&auto=webp&s=7a5b9c7b6d05348a2909c1369514f00508b30c03

https://preview.redd.it/6jba6ey8l7yd1.png?width=498&format=png&auto=webp&s=97515e29445f61f418c888d9979b1b1068ff7791

I am trying to understand the difference between a target maturity bond etf (e.g. 3-5 year term), and a bond laddering fund with the same maturity objectives.

I've read about bond laddering, and I think it is a good idea for fixed income investing. It avoids trying to time the interest rates/bond market and the Fed rate cutting or inflation measures and predictions. Pick a maturity or small range of maturity and keep within that range as bonds mature and buying new bonds.

1. I started out thinking it is accomplished essentially by investing in ETFs with a specific maturity objective (I don't want to find and manage bonds myself). So, if I invest in a 1-3 year or 3-5 year term treasury etf, the fund managers would buy new bonds (or I guess notes in this example) within that maturity range as bonds in the portfolio mature.
2. Then I just read specifically about bond laddering ETFs, where they will buy bonds with target terms, over a small range of maturities (e.g. 1-5 or 3-5). As a bond matures and pays out, they will buy another bond to match the term of one that just matured e.g. a 3 year bond matures, they buy another 3 year bond. Do the same for 4 year bonds and 5 year bonds.

1 and 2 sound pretty close to me. I am thinking the only difference would be: In 1, there's some flexibility in maturity, overall and in specific bonds; maybe sometimes they concentrate in the upper part of the range, other times to the lower part of the range, as long as they are in the range. 2 sounds like they are strictly spreading and maintaining maturities across each year of the range and rotating forward year by year.

Is this a proper understanding of maturity/term objective bond etf's and bond laddering etf's? And if so, is there a big difference in achieving an objective (e.g. 3-5 year term)? Does 2 eliminate timing altogether and just focuses on quality objectives?

Hi investing friends, may all your status be 'take profit'.

I wanted to ask: supposing you've become an expert (we will thanks to the genius of sir Wayne :-)) in analyzing company fundamentals and knowing the intrinsic value, have become an expert in knowing the intrinsic value and know now when to sell or when to buy but is there a math investing formula of the number of shares you should buy for each stock? Is there a mathematical formula for this? If there's none how'd you determine personally how many share for each stock should you buy or sell?

For example you have picked 15 stocks and it's time to buy for each stock, you have 33 million buying power, how do you allocate that to 15 stocks? How do you determine what each stock should get (the ratio)?

Thank you in advance.

God bless King Solomon, Warren Buffett and Graham supporters.

I have so far invested my money in 70% VTI and 30% VXUS. I realized today that VOO has twice the dividend per share as VTI. Is there any mathematical/compounding reason why I shouldn’t from this point on just have my monthly auto-investment go into VOO? Like, does holding both VTI and VOO mathematically return roughly the same in the long run as holding all money in one or the other? I’m just smart enough to know I need to invest but not smart enough to understand this so any information would greatly help. Thank you!

Alright, I want to move my Fidelity IRA over to Robinhood and get some free money.

Here's my current setup: https://i.imgur.com/j9tmu5t.png

https://i.imgur.com/XzFkBbP.png

Can I move both the Individual Brokerage account or is it just only the Roth IRA? (okay prob not individual brokerage acc. w/e im not gonna edit it out) My Roth IRA has all money into FZROX - which is a 0% expense total market index fund. Do I need to sell my FZROX and then I can rollover to RH? Is there any implications to selling it, such as tax or something else? Does transfering cost anything?

So my Dad is a retired Vet, he's come into some extra funds and wants to try to restart a $100k life insurance policy, my issue is that the $756 premium for said policy is absolutely ridiculous,and a complete waste and I think he would be better off getting a ROTH and direct depositing that money monthly into some ETFs and dividend stocks..I tried to show him the comparison of investing vs the policy but he seems to not understand or trust my word. Can anyone offer some sound advice, I told him he should speak with a financial advisor before he does anything

Hi everyone,

I have been trying to find a way to get exposure to fluctuations in the Indian rupee to US dollar exchange rate (INR/USD). I am bullish on the rupee as I believe the US will move more manufacturing to India, resulting in higher Indian exports, and want to find a way to get exposure to it.

I have not had any luck finding a currency ETF, and I also couldn’t find anything in terms of cash settled currency futures.

Any help finding an instrument would be greatly appreciated.