I'm a highschool student set to compete in the Wharton Global Investment competition soon. I'm very thankful that my team has decided to include me, even though I know absolutely nothing about investment or stocks. What are some good shows that will quickly teach me the basics and more? I don't want to be a burden to my team. Thank you so much! :D submitted by /u/p3stop4st4 [visit reddit] [comments ..read more

The European Central Bank on Thursday delivered a quarter-point interest rate cut, marking its second reduction to the deposit rate this year. The widely anticipated move comes after a period of sluggish economic growth across the euro zone and cooling inflation, which fell back toward the central bank's 2% target in August. The ECB lowered its 2024 growth forecast to 0.8%, down slightly from an earlier projection of 0.9%, citing "weaker contribution from domestic demand over the next few quarters." https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en ..read more

Hello, I’m getting back to tracking the markets and I wasn’t ever really happy with the platforms, applications and utilities I was using the last time I was trying to keep up with things day-to-day. I currently lean heavily on Schwab’s platform and ToS, as well as the stocks app on my iPhone now that I switched over. What do you all prefer? Where do you do your research? Comb news? Look at/track the markets? Please share your favorite platforms/utilities! TIA! submitted by /u/Juicebo-x [visit reddit] [comments ..read more

Just a quick rant. I'm not what one would call a savvy investor. I joke with friends and family that the only sure-fire way to make sure a stock will go down is to wait for me to buy it. That said, early last year I invested a small amount in Prosper, which is peer to peer lending. It is also banned from Texas due to Texas' Blue Sky laws, or so Google tells me. Anyway, I have averaged a near 12% positive return on that and honestly just wish I could keep throwing money at it. Literally everything else I have money in is currently at a loss. Rant over. submitted by /u/Iron_man_wannabe [visit ..read more

Assuming efficiently priced stocks, is it beneficial for the total expected returns of a 100% stocks portfolio to rebalance occasionally between stocks, rather than to buy and hold? Why? I imagine that it is allowing any holding to become too big increases idiosyncratic risk in the portfolio and rebalancing combats this. But perhaps this is incorrect or not the full picture? submitted by /u/Former_Importance551 [visit reddit] [comments ..read more

I'll be transferring to Hong Kong for 4-5 years due to work, which means I won't have taxable income in US during that time. Since I won't be able to contribute to my IRA account, I'm considering opening a cash account at a local brokerage in Hong Kong for short-term contributions. I know I can keep my IRA account open, but if I end up staying in Hong Kong long-term, I'm unsure whether it's worth keeping. There seems to be a fine for withdrawing money from an ira account before age 59? Has anyone been in a similar situation? I'd love to hear your experiences and any advice you have. submitte ..read more

Trying to find ETF allocation (4 funds). Planning on retiring in 27 years and want to allocate the following 4 ETF’s. My selection is as follows: VUG - core holding since it’s 50% tech with a bit of diversity. I don’t like the full diversification of VOO. SOXQ - I believe this is going to have another run within the next 10-15 years. JEPQ - I need the income to begin accumulating for a particular goal. SCHD - dividend and will balance out the remaining holdings. PLTR - holding for long term. Poke holes in this so I can have a myriad of opinions to research more and make a better i ..read more

These questions pertain to trading on an app like WeBull or Robinhood If I bought 100 shares of Stock A at $10 each over a year ago.. and then I buy 10 shares of Stock A at $15 a week ago, if I sell 10 shares today at $20 each, will I pay long term or short term capital gains tax on it? When an app shows after hours percentage changes, do these after hours percentage gains and losses reflect the percentage change from the stock price at market open? Or do the after hours percentage changes refer to the percentage change from market close? submitted by /u/speedco [visit reddit] [comment ..read more

Basically the title. My last job had a Deferred Compensation Plan. I contributed mostly DCP, but they also had an option for Roth DCP. I left that job recently. For simplicity, I was wondering if I would be able to rollover that DCP into one of my other brokerages or accounts without creating a taxable event? Thanks submitted by /u/PhotoJoe_ [visit reddit] [comments ..read more

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! If your question is "I have $10,000, 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 ..read more