Off Topic Investment Thread

GTA-CX9

GTA-CX9

:
North of Toronto
:
2019 CX-9 Sig
As for house as an investment...such a tricky one. Each market different.

NYC...can one go wrong if they own? And so many markets in US where many have just gained for yrs...DC, San Fran are ones I always seem to be reading about.

Toronto, where I am, had a moment about 20 yrs ago where things seemed to just rocket. Condos, young people choosing city, immigration, jobs...all flowed positive. Cranes in sky for 20 yrs.

Result was huge gains in single family detached home values, so many here rely on that as part of investment mix. I suppose problem is, you need to live. So unless you sell and move 2 hrs away, it's all on paper.

As for stocks, I've always thought to myself "I can do that" but never put my money where my mouth is. I'm lucky to have a gov backed pension, so it's not a risk worth taking for me with the extra left over after contributions. To those managing their funds, kudos. It's like a full time job i'm sure.
 
Chocolate

Chocolate

Harpy Eagle
:
2019 CX-5 AWD
MZDAY.png



Bought 1,500 shares (~$5,000) of MZDAY which you can buy from any brokerage. This is the ADR/equivalent for Mazda's stock which trades in Japan as 7261:Tokyo.


I don't expect it to drop below 600 yen. Anything is possible, but I believe in the product. Mazda's sales were solid in May. Consumer Reports ranks the CX-5 as the best compact SUV out of 16 vehicles, and ranks Mazda as the second most reliable Auto brand, behind Lexus at #1 and Toyota at #3. People are still buying the CX-5.

https://insidemazda.mazdausa.com/press-release/mazda-reports-may-sales-results/

Year to Date and Year over Year, they are doing better than many of their peer automakers. Mazda will report June sales at the start of July, a little over a week from now.
 
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C

CX_FIVER

Good luck with your investment. Now that you are an owner of Mazda, we will ask your help with problems. As an owner, you can give the Prezz of Mazda a call and get it handled.
 
Chocolate

Chocolate

Harpy Eagle
:
2019 CX-5 AWD
I felt that I did not time it quite right, and did sell the MZDAY the next day at 3.27, and rebought 2,000 shares today at 2.91-2.92. Hoping for a repeat performance of May sales. Two market days before Wednesday, July 1st, when monthly sales are released.
 
U

Unobtanium

:
CX5 GT-R
Market took a bad turn for me, but I'm a mercenary personality.
Screenshot_20200630-023126_Robinhood.jpg
When there's blood in the streets, I'll just get to killing, if I believe in the cause. Hoping to buy the dip later this week. Strong company, will be back up.
 
U

Unobtanium

:
CX5 GT-R
Chocolate said:
View attachment 225381


Bought 1,500 shares (~$5,000) of MZDAY which you can buy from any brokerage. This is the ADR/equivalent for Mazda's stock which trades in Japan as 7261:Tokyo.


I don't expect it to drop below 600 yen. Anything is possible, but I believe in the product. Mazda's sales were solid in May. Consumer Reports ranks the CX-5 as the best compact SUV out of 16 vehicles, and ranks Mazda as the second most reliable Auto brand, behind Lexus at #1 and Toyota at #3. People are still buying the CX-5.

https://insidemazda.mazdausa.com/press-release/mazda-reports-may-sales-results/

Year to Date and Year over Year, they are doing better than many of their peer automakers. Mazda will report June sales at the start of July, a little over a week from now.
Click to expand...
Are you planning on just shorting the daily dips/rises, or what? I looked at MZDAY, and it looks absolutely horrible unless you're planning to micro-manage it. Admittedly I am new to stocks, and there is much I do not know, so I am hoping for insight from you on why this is a good move.
 
Chocolate

Chocolate

Harpy Eagle
:
2019 CX-5 AWD
I decided to try trading it. I am all in cash (not nearly enough) right now but I still think it is reasonably priced. I do believe in the company's long term survival. (100 years so far) $5,000+ in it is probably too much, though. I have noticed that the stock is less liquid on days with lower volume. A week ago the bid/ask spread was .02 cents, as of this writing it is 2.89/2.97. It is more suitable to buy and hold investors.

I am conflicted. On one hand, I believe the June numbers will be decent and there are a ton of people posting their new CX-5s on r/cx5, but that doesn't really mean anything. Anyways, I decided I'm not really comfortable holding anything overnight anymore in this crazy environment. Too much stress. I keep coming back to my cash preservation mindset, plus I am moving across the country soon.
 
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Chocolate

Chocolate

Harpy Eagle
:
2019 CX-5 AWD
Some insight in this article. The fleet sales will take time to recover.

www.reuters.com

Slumping fleet sales weigh on U.S. auto market

Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the Corona pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.
www.reuters.com www.reuters.com
 
Chocolate

Chocolate

Harpy Eagle
:
2019 CX-5 AWD
If you want to see something nutty, look at the run WKHS has had.
It's a casino.
Where's a working crystal ball when you need it?
 
U

Unobtanium

:
CX5 GT-R
Chocolate said:
If you want to see something nutty, look at the run WKHS has had.
It's a casino.
Where's a working crystal ball when you need it?
Click to expand...
UONE and UONEK have had the most impressive "spike on sentiment" I've seen. Look at their 4wk history, each, respectively.
 
K

Kaps

Contributor
:
CX-5 Touring 2016.5
Sales for Q2 are out. Mazda was positive 10 pc in June but overall -17% for Q2. Still much better
#VW brand Q2 U.S. sales: -29%
#Nissan: -50%
#Infiniti: -44%
.@Toyota U.S. sales in Q2: -34.6%
#Toyota: -35.6%
#Lexus: -26.8%
.@GM U.S. sales in Q2: -34%
#Buick: -35.9%
#Cadillac: -41.4%
#Chevy: -33.6%
#GMC: -32.9%
.@FiatChrysler_NA U.S. Q2 sales: -39%
#Jeep: -27%
#Ram: -35%
#Chrysler: -58%
#Dodge: -63%
#Fiat: -54%
#AlfaRomeo: -21%
#Hyundai brand U.S. sales in June: -22%
Q2 U.S. sales: -24%

BMW is down 39.3 percent; Rolls Royce, down 38.4 percent; Porsche, down 20 percent; Mini, down 41.5 percent; Maserati, down 55.9 percent; Mitsubishi, down 58 percent; Audi, down 35 percent; and Volvo, down 15.3 percent.

Volvo Porsche Mazda have done much better.
Honda is -28% for Q2 btw.
 
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