<p>[To</a> Regulate Rapid Traders, S.E.C. Turns to One of Them - US Business News - CNBC](<a href=“http://www.cnbc.com/id/49321429]To”>To Regulate Rapid Traders, S.E.C. Turns to One of Them)</p>
<p>That’s good.</p>
<p>so what are you going to be trading tomorrow? At first I thought the markets were closed but apparently not.</p>
<p>Nothing. :)</p>
<p>I am taking my daughter to see WWE Raw. We are sitting very, very close to the ring. My daughter loves wrestling and it is her birthday present. I still remember when my grandfather took my brother and me 45 years ago. </p>
<p>I don’t plan on trading much. Thursday, the weeklys come out. I have to look at those. :)</p>
<p>You are trading way more than me. Doct, your big trading plans this week are?</p>
<p>Professional wrestling is not normally a topic of this board. :)</p>
<p>I bought aapl 10/20 595 calls on Friday when aapl hit ~ 653.5. I own 655 - 645 aapl put spreads. I still own goog 10/20 625 calls. I’m getting very nervous about aapl and goog these days and may get out tomorrow if things don’t go well.</p>
<p>Well…then hopefully things go well. :)</p>
<p>Do you own more puts spreads than calls?</p>
<p>Are you using Schwab? If so, are your realized gains correct?</p>
<p>I own 5 of each, aapl calls, spreads (which I’ve owned longer than the aapl calls) and goog calls which is a problem. I’m outside my comfort zone on these amounts. I’ve been greedy as I’m not using my typical position sizing strategy of setting a percent loss consistent with either 1 or 2 atr ie the more volatile a stock, the less I buy. Since I’m greedy which so far has worked with these two stocks but looks like it is starting to break down, I’m getting nervous. The atr for each is above 12 which means if it drops 12 points, I’m down 6k, not an amount I’m comfortable losing and not what I would allow myself to lose in any other stock. </p>
<p>On another note, what do you mean about Schwab and my realized gains, is there a problem you’ve discovered? I use both schwab and etrade.</p>
<p>I find this article somewhat comical especially the statement that analysts are trimming forecasts implying that the fundamentals do not support the market at these levels. The fact that analysts are frequently full of sh** seems lost on a lot of people: [Earnings</a> may not matter to a new breed of investor - Market Day](<a href=“http://marketday.nbcnews.com/_news/2012/10/07/14248051-earnings-may-not-matter-to-a-new-breed-of-investor?ocid=msnhp]Earnings”>http://marketday.nbcnews.com/_news/2012/10/07/14248051-earnings-may-not-matter-to-a-new-breed-of-investor?ocid=msnhp)</p>
<p>I wish I was long 5 goog calls. </p>
<p>I was wondering if you were trying to make money on the downside of Aapl by owning more put spreads than calls. No biggie.</p>
<p>Last year, I had a lot of problems with Schwab and realized gains. I had to figure out the gains myself and then go over it with Schwab. Schwab had a lot of problems with the exercising of options. Didn’t get the costs or sales prices correct. It is better this year because Schwab is on top of it for me. I don’t know if you ever exercise calls or puts or get assigned on them. If you do, you should look and see if the realized gains look correct. If you go to your account online, there should be a link for
unrealized gains, and if you click on that you will see a link for realized gains. Hopefully, the gains and losses are correct.</p>
<p>I hate all losses now. 
We have to be willing to take a few losses to
make the gains. Otherwise we can’t play or we have to play smaller. I am trading smaller most of the time because I do hate the losses. But that is me. That is not necessarily correct for others including you. I am taking quite a few losses in my private investments. They blew up with
the economy, because of mismanagement, or just plain crookedness. Even one deal that kind of worked ok, my partner said to me recently, “Why did we do this deal? We are lucky this deal didn’t blow”. </p>
<p>It’s funny about these analysts and people like Maria Bartiromo. They are asking questions like when is the stock market going to reflect fundamentals?</p>
<p>What? </p>
<p>The market is forward looking and it trades on emotion along with
money printing. When the economy is great, the stock market is going to be in trouble. :)</p>
<p>I just wrote the above. Now I will read your link.</p>
<p>Edit: I read the link. I have nothing more to add.</p>
<p>I don’t want this to get lost in my last post.</p>
<p>This is the key point…</p>
<p>" I don’t know if you ever exercise calls or puts or get assigned on them"</p>
<p>If the above isn’t an issue for you, Doct, you are probably ok.</p>
<p>I have a few times where I wanted to get assigned but not generally.</p>
<p>Well…when you get your 1099 for 2012, you can double check to see if the pnl is correct on the trades where you were assigned. Since you won’t have that many assigned trades, it won’t be a big deal.</p>
<p>If you sell a 50 put for a buck and then get assigned and sell the stock for 51, you make 200 dollars. (not including commissions). For some reason, on my 1099, trades like that were reported as losses to the IRS of various amounts. </p>
<p>It would have been great to write off those phantom losses, but I don’t know. I kind of like an accurate return. :)</p>
<p>Good morning to all of you very-savvy investors,</p>
<p>I am like a pre-schooler compared to y’all. My investments are mostly limited to: rental properies, 401ks, Iras, etc.</p>
<p>During the last year, I have rec’d 4 payouts from my parents’ estate. Two of the payouts I moved to “inherited IRAs” via Charles Schwab. One I used towards purchasing 2 more properties. The last one is where I’m stuck…</p>
<p>I’d like to put about $50k of the last one into some kind of modest risk investment that doesn’t involve purchasing more property. My dad was very knowledgeable about investing, but I regret not paying more attention…and now he’s gone. 
</p>
<p>I’m not the type to check stock prices on a daily basis…(sorry dad 
)</p>
<p>What are some options for modest risk with some kind of return that exceeds what CDs or similar would bring? I’m not silly enough to think that the return could be substantial, but I’d like to see some growth (if possible). </p>
<p>Thanks in advance for any suggestions that you might have. Whatever I decide to do will be my responsibility. I would never blame anyone but myself for any negative results. That said, that is why I’m looking for modest risk, not high risk/virtually gambling.</p>
<p>:)</p>
<p>Couple of hundred here, a couple of hundred there, before you know it, we are talking millions stolen.</p>
<p>[How</a> Pennies Add Up in a Securities Fraud Case - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/pennies-add-securities-fraud-case-181202135.html;_ylt=AppZ0bDUXUuZc11K0iYSC8.iuYdG;_ylu=X3oDMTN1Y3Q5ZGxvBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnA2ZlNWNmZTVkLWJlODEtM2JjOS1hNmE1LTg4NzBjYjMzYWZjZQRwb3MDMQRzZWMDbWVnYXRyb24EdmVyA2E5YTg1OWYwLTExNzMtMTFlMi05Y2U4LWNjN2Q3NDk2OTk4ZQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3]How”>http://finance.yahoo.com/news/pennies-add-securities-fraud-case-181202135.html;_ylt=AppZ0bDUXUuZc11K0iYSC8.iuYdG;_ylu=X3oDMTN1Y3Q5ZGxvBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnA2ZlNWNmZTVkLWJlODEtM2JjOS1hNmE1LTg4NzBjYjMzYWZjZQRwb3MDMQRzZWMDbWVnYXRyb24EdmVyA2E5YTg1OWYwLTExNzMtMTFlMi05Y2U4LWNjN2Q3NDk2OTk4ZQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3)</p>
<p>Mom2collegekids, you ask a great question. I would love to know the answer myself.</p>
<p>Are you going to touch the $50,000 over the next 20 years? If not, and you don’t have stock market exposure, you can buy an index fund from Vanguard. The s&p 500 has very low fees. You can also buy the etf that owns the S&P 500, SPY. Maybe buy half now and the other half in a year
or when the stock market drops 10 percent.</p>
<p>If you don’t need the $50,000 and you have debt of over 5 percent, you
can pay off some of the debt. You don’t have to spend the whole $50,000 on this.</p>
<p>If your federal tax rate is above 25 percent and you live in Cal, I think some Mello Roos bonds are relatively attractive. You buy bonds in decent to nice areas that are already fully developd. You can get<br>
around 4.2 to 4.3 percent tax free (unless the tax laws change) for bonds that expire 14 to 16 years from now. I don’t see cds with those rates. You do have inflation risk, maybe default risk (i don’t think so), and if rates rise and you have to sell the bonds before maturity you can
lose money.</p>
<p>Some people like LP’s. They yield around 6 percent. MWE (Mark West) is one for example. I know peoole that have done super, super well with these. But that is the past. The yields are still pretty good. They were
much better a few years ago. These LPs kind of bug me because many need to sell stock to the public to pay out their dividends. Looks like the companies are running at negative cash flows. Also, LPs are a pain at tax time because of the k1s. I am bringing this up because maybe, I am wrong about the LPs. </p>
<p>Ok…that is it for now…it is wrestling time.</p>
<p>Wonderful! :[Mysterious</a> Algorithm Was 4% of Trading Activity Last Week - CNBC.com - US Business News - CNBC](<a href=“http://www.cnbc.com/id/49333454]Mysterious”>Mysterious Algorithm Was 4% of Trading Activity Last Week)</p>
<p>Are you going to touch the $50,000 over the next 20 years</p>
<p>I hope not…I’ll be in my mid 70s then. I will look into the Vanguard index fund. I like the idea of half now, and half when the stock market goes down.</p>
<p>I don’t have any debt whose rate exceeds 5%. My debt is all in mortgages.</p>
<p>I don’t live in Calif (anymore). I have property there, but I think I have to be a resident to buy those bonds. My parents always bought tax-free municipal bonds. (and I always avoided buying property in Mello Roos areas cuz the prop taxes were too high…lol)</p>
<p>The Limited Partnerships idea is worth exploring. </p>
<p>thanks a bunch…I hope you enjoyed the wrestling.</p>
<p>“I hope you enjoyed the wrestling.”</p>
<p>Thanks. My daughter enjoyed it and that is what counts. :)</p>
<p>Two smart people who don’t know each other both told me on separate occasions that you can learn everything about life by watching professional wrestling. </p>
<p>I don’t know if you can learn everything but you can learn a lot. It is an interesting experience. I have no need to go again. Luckily, my daughter loves women’s professional soccer too. :)</p>
<p>Post 3455, it is kind of hard to be 4 percent of trading activity when there are no trades. :)</p>
<p>Just gotta say about that 3d printing article that I disagree pretty strongly about how one day everybody will have one sitting in the corner of their house, and it’ll print out everything you need. It pretty much ignores all of the requirements of manufacturing that go beyond simply putting an object into a particular shape. Often times there are strict requirements on heat treatments, surface treatments, and other such things that you wouldn’t be able to do on any 3d printing system.</p>
<p>Replacing plastics is definitely doable (we’ve actually printed out replacement parts for things in our lab using our printer), but it’s still an order of magnitude cheaper to have something injection cast by the millions instead of printing it locally. One place where 3d printers do have a really great advantage is for short-run molds. You can 3d print a mold which will last for a few hundred injections (or for blow molding). </p>
<p>Finally, one thing which is completely ignored in those articles is the time it takes to print an item. For me to print about a cubic inch of material it takes on the order of hours. And this is with a $10k machine. It also ignores that most of the non-plastic methods use powders, which are a MASSIVE health issue, and I think there’s no way people would want something as flammable and carcinogenic as fine metallic powders just lying around their house.</p>
<p>Racinreaver, forget 3d machines in households.</p>
<p>Is there going to be a large impact in the business world because of 3d printing?</p>
<p>And isn’t the cost of that $10,000 machine gong to plummet?</p>
<p>
</p>
<p>Whenever I see Herb Greenberg on the show hes either bashing GMCR or NFLX or HLF. Are these stocks the only thing he knows about? Maybe, he can talk about Chipotle or Wynn instead? Its as nauseating as Karen Finerman gushing over Jamie Dimon.</p>