Do people here actually invest? Or for that matter understand finance, the stock market...

What are you understanding under investment here? "Investing" into a car for your job is indeed not what I mean for instance.

A wagecuck is someone who uses capital gained via work to "invest" into things to facilitate the work, with any excess being spent on frivolous "shit" or being put into "savings". If that is what you mean then I agree with the cryptoshills on this one and you are describing a wagecuck.

Just ETH baby, I'm poor

Yea, I've never understood the hate that I get.
I make $8K/month, my wife makes $6K/month. At work, we manage a combined ~$30M in research funding. We live of ~$30K/year, and have a net worth of $600K, invested almost exclusively in indexes. We should hit the retirement goal of $1.2M in another ~3 years and then buy up an island beachhouse and raise our kids.

"wage cuck!" "Buy shitcoin!"

Veeky Forums ends up being 99.99% bullshit but about a year ago got a good tip on some lithium stocks

>inb4 galaxy resources memes

Went balls deep on Albemarle and its +60%. Pretty good for a year. I remember some anons sharing DD on companies, it was so much better back then.

I don't hold shares of Lockheed because I'm not dumb enough to think I have the skills to pick stocks
>muh research hurr durr Graham is still relevant look at Buffet's speech in the 80's!
but my net worth is still distributed across a low cost three fund (asset class) portfolio made up of ETF's and mutual funds from different companies held in both tax-advantaged and taxable accounts (again in different companies)
yes I work 40 hours a week and save money
because I went to school and majored in something both interesting to me and lucrative, allowing me to graduate into a high paying job

NEET's will call this "cope" because I don't have a lambo and fuck models, and because the idea of three decades of slow steady gains appeals to me over their retarded get rich quick monopoly money garbage
but that's ok because in a few years when their parents die they will literally be starving in the streets

I want to invest but I don't want to pay broker's fees and the like

Britbongs like me don't have a Robinhood app or equivalent (yet) so I have few options. There is an app on the way though called Freetrade.io

If I could do so cheaply I would invest in tech companies and aerospace like OP.

Unless you want to day trade or have an extremely diversified portfolio from the get go, the stock market isn't that hard to get into, not financially speaking that is. It is hard in the sense that you need to research a lot and make sure you know what you are investing in. Going long on standard stock isn't the only kind of investment either, the first step is in educating yourself on what is out there and how it works.

A thread about value investing that you come to shit up with a
>I am too dumb for this shit
And
>hurr value investing a meme!
It didn't take a think tank to figure out Lockheed 10 years ago was a stable company with good long term prospects that was both undervalued and very likely to grow further with world tensions on the rise. It has had a return of well over 300% for me and continues to be a great company.

Just because you CHOOSE to not learn doesn't mean the teachings are wrong.

I do not live in Britain, but I am assuming (from what I have heard) that the big brokers have around 11-12 pounds fee per trade (sell and buy). Is that about right?

I have 150k invested in cryptos.

Mad profits so far.

Biggest gainer is PIVX

>Fees for each transaction
>Fees for "administration" every month/quarter
>Fees for inactivity

It's bullshit and immediately puts most people off trading shares. Thankfully the Freetrade app will hit this year

you can tilt a portfolio with small cap value funds and historically that has always performed well, it doesn't mean you have to pick stocks

as always, your research amounts to fuck all compared to the institutions sitting on the opposite side of you
LMT suddenly spiked in 2013 and nearly all of the growth came from the past 4 years, not the decade, but congrats! you got lucky on one stock, hope you realize your gains before it falls 90% like countless other "value stocks"

Luck? Nah, Lockheed was undervalued when I bought, it was only a matter of time for it to correct itself. I never expected it to correct overnight, that would have been nice of course, but beyond unlikely. When I bought I estimated it would take 4-5 years to correct, instead it took 6, not too far off all things considered.

Just because you refuse to pick up a book doesn't mean the rest of wish to remain ignorant.

This just makes me feel hopeless.
I'm a translator at the end of my five year degree. I'd say I'm pretty qualified for the job, as much as a young professional can be. And yet I'm happy at the thought of getting an internship after handing in my thesis that will pay me maybe $250 per month. With the average monthly wage in my country being something like $750.
I just don't get it.

Where do I start reading?

My bibles are "the intelligent investor" and "security analysis", both are focused on value investing. Neither however really teach you the basics i.e. they assume the reader has a (basic) understanding of the market and its workings. Honestly though you could probably just read it and Google anything that you don't understand and have it explained to you by some wiki.

Thanks. Any recommendations on sources of info on companies? Which ones are you looking at currently?

What are some good books for the basics?

>stocks are the same as crypto
>Amazon sold for $6/share in 2002

Are you retarded? Stop shilling people for your shitty life choices

Read a companies financial sheets, all of them, and make sure you understand them and can pick up on anything that is made to look better than it is. Read up on what the company does, who it is running, what their plans are etc. depending on the company and your capital you could try phoning or even setting up a meeting (obviously with our sort of capital a company like Coca Cola or so is going to have exactly 0 interest in having us meeting their board).
Once you feel like you have determined what a company is going to be worth in the future based on its current value, it's past performance and its future prospects etc. you can invest long.
Conversely you could short companies you feel are overvalued, but honestly don't do this unless you are really fucking sure about it, shorting has potentially infinite losses, and even if you put a limit order things can get out of hand really fucking fast.
To really get down to it you will have to read the books or other material on value investing, because I can't possibly condense thousands of pages of info into a couple of chan posts.

Personally I am currently reading into several of the (Asian) telecom companies and also Chinese companies who are involved in the construction (read exploitation) projects in Africa. The way things are going it will be neo-colonization by proxy. But as said, still reading up on this, I am personally rather cautious when it comes to Chinese.

I am not claiming crypto to be the same as standard stock, really quite the opposite. Also how are you construing a 2007 investment into Amazon to be a "poor life choice"?

There are others like you and I here. Once all of the kiddies lose all of their tuition money on crypto, things will get back to normal.

seriously?
that is you source of powerful hidden knowledge I'm supposedly unwilling to learn?

you rode the strongest bull market in a generation, and i assume your staking a majority of your net worth on these purchases
you are playing with fire

I trade in stocks and ETFs or rather i mostly buy and keep.

Return since i started in 2014 is 85%

I never claimed to have hidden knowledge, if however you think value investing is playing with fire then it is rather obvious you understand very little about it and have likely not read a single page of either of those books or any other book regarding value investing or investing in general for that matter.
As to your claim of "the most bullish market" as my prime investment that is rather ludicrous as I haven't disclosed my portfolio anywhere in this thread and as such you have no idea what or how I have invested other than Lockheed and Amazon.

that and you're considering emerging markets

man it's pretty ironic that you're implying your shit is much more superior than NEETs with crypto

Look here, another wagie that was lucky to be around when the economy wasn't shit. Neck, rope, immediately.

pics or it didnt happen

Telecom in Asia is not an emerging market. China in Africa sort of but not really, it is all basically government backed and without competition, and it is not so much a new market as it is an expansion of an already existing one, China has been in Africa for decades now. The real risk here is corruption and the messing with the books. Not that it matters because emerging markets or not has nothing to do with value investing, you are simply showing off more of your ignorance when it comes to this topic. See, that you have a nice job and put money in ETFs is fine, it works for you, you'll have a nice pension etc. Why however you feel the need to bad mouth me and talk shit about topics you are clearly ignorant on is beyond me.

I started in 2007, I was a non working student who dumped most of his tuition money and savings from teenage odd jobs into the investments, a year later everything cam crashing down.
Spare me your "you were lucky" sob stories, you create your own luck in this world, anything else is just whining about being a loser like this guy here has been doing all thread . Don't be that guy, you just come across as being buttblasted.

lockheed martin has a 56.6 price/book.

not even googles valuation is that high.
i hope you have sold off since then.

Not yet, I currently have LMT valued at aprox. 240/share. It is trading around 270. LMT is currently overvalued by my own analysis, but not by so much that it makes me want to sell. The dividends are nice and highest they have been in quite some time. I also expect the company to grow more in the current climate.

...

Where do you live?

Well I agree it is overvalued, but even if it corrected back to 240 overnight I would be happy in holding, of course I would have been happier with selling and rebuying more, but at that point I am speculating. I could sell tomorrow and then maybe wait until the end of the Trump administration for it to correct, meanwhile I am missing out on all the tasty dividends.

I won't be selling LMT unless it becomes ludicrously overvalued rather than just a tad, or if the industry fails and plummets (>MIC/aerospace failing, call me when world peace starts, I am sure dead me will be thrilled by that news when it comes)

its 56 times overvalued.
sell and buy some real value investments.
dont be a fool .

>almost exclusively in indexes

Like sheep to the slaughter. How the hell does anyone still trust the system?

Hedge.

Put 10% in something with zero counterparty risk. Be it paper bitcoin wallets, silver bullion, or boxes of ammo.

While I would generally agree, p/b on its own tells me more about my assumed risk then it does about share value. LMT shares are risky, if it goes belly up they do not have the cash to cover. However I am absolutely fine with this risk as there isn't a doubt in my mind that the US government will allow Lockheed (still no1 def contractor) to go belly up in the current climate. It is really only because Lockheed is Lockheed that I am comfortable with such a high p/b value.

Fund fact, in the past it has gone over 700 on its p/b ratio, and even then I held on.

Will not allow*

The us government is not going to have Lockheed go belly up right now.

nosaver pls go

you and i didn't read the same value investment book.
either that or you need a refresher.

No, we likely read the same books, but Lockhead is the one security in my portfolio I will gladly make an exception for thanks to its nigh untouchable status right now. It is simply too important to fail right now, the no.1 defense contractor failing right now is unthinkable and will not be allowed to happen.

They also pay the tastiest dividends in their industry.

LMT is probably the (on paper) riskiest security in my portfolio, the rest can make up for that risk.

nothing has to happen to the company for the share price to correct closer to book value.

we might have read the same book, but you didn't retain the knowledge.

its called a "margin of safety"

fool that you are, you don't even have the experience to back up your delusion.

no matter.

a fool and his money are soon parted.

But as I said, I do not mind a market correction, I am holding for dividends.

And again, pub ratio is not the equivalent of share value.

you have no idea what you , or anyone else is talking about.

if you have made any money it is pure dumb luck.

An buddy, you are the one spouting nonsense like pb ration being the equivalent of the value.

You are the one comparing the pb ratio of an aerospace company with the pb ratio of a tech company.

You are the one suggesting selling of a company the moment it is slightly overvalued.

If anything it is you who knows nothing other than posting "funny" pictures. Enjoy never making gains. I don't understand what you think you are gaining about lying on the chans, my portfolio remains unaffected no matter how much you try to convince yourself what I have been doing successfully for 10 years is pure dumb luck, but hey, if that makes you feel better about yourself be my guest.

p/e ratio is only 20
thats not bad at all for current market conditions

he was trying to win by being calm and logical but then you were more calm and logical so he broke down and finally started insulting you kek

>bragging about picking fucking lockmart

I remember when I first started looking into investing and came to the conclusion that LockMart could never possibly lose after like maybe fucking 10 minutes. That was when i was a college freshman. I didn't even know what technical analysis was. Anything with a quarter of a brain knew that lmt was a good pick probably since it first went public.

Funny thing is you didn't even see real capital gains until after like twenty fucking thirteen! props for having the strong hands to hold and realize that shit, but cmon. ~7 fucking years?

crypto speculation dominates here because people want to live their lives right now, and many of them have out-gained you in months to your years. Some even faster.

>translation
>five year degree
I'm looking to get into translation, can you please tell me more about it? Your experiences/difficulty finding work/how was the education? I'm fluent in Swedish and English, I speak some German and French. Would this be viable for me?

the crypto shit is a casino for neckbeard shut-ins

p/b is p/b
bvp is pvp

p/e says you get your money back in 20 years.

theres no way to rationalize with words over the facts presented by the numbers.

you have lost so much value therefore in cost/risk
potential. dont talk to me like your some big hot shot, cause you made a little money.

i turned 100k into 17million dollars in 2 years, with virtually no risk.
just stocks , corporate bonds and options,
in a 3.3gdp 3.3gov bond atmosphere.

so u dont know who ur talking to faggot u need to rewind and watch your cock sucking mouth.

yet it keeps going up

so?

that has nothing to do with risk vs. reward

i love lockheed as a company but that has nothing to do with valuation .
watch an episode of sharktank i swear to god you ppl .

>people want to live their lives right now
the only thing cryptoshills have outside their crypto holdings are the crusty dakimakuras in the corner of their mother's basement

they don't have a life to live

this is how you cope with your sub-par yoy roi statement.
and no.
it doesn't match the rate your borrowing at.

and yes. before i forget my answer to your reply.

you are living on borrowed time.