Got like $20k Im looking to invest, risk tolerance is extremely high (dont care if I lose it), give me some quick ideas of what to do with it looking for aggressive growth. TY.

I would bet a large sum that this is not true. No public company is going to do extra work to provide monthly financial reporting when not required. They spend enormous sums preparing quarterly data already, and that's required by the SEC and their investors. They aren't going to do 3x the work to give the data away for free to anyone. Plus there is huge competitive issues with data like this being made public, I would pay a huge amount if I was a public company CEO for my competitors monthly financials.

I'm sure that certain university researchers have gotten monthly data from specific companies they were researching, but that doesn't help you. If you have a strategy that covers a 500 company index, getting partial monthly data on a few dozen companies doesn't work, it''s an apples and oranges comparison.

Which brings up the question, if you already backtested this without monthly data, why do you need it?

And while DcifrThs can weigh in with proprietary experience to rebut my contention, I still contend that randomly backtesting various stock components isn't likely to lead to a pattern that will persist or be profitably tradable.

If it can be mechanized, and automated, DcifrThs is just one of thousands of professionals who can do it better, faster, and with more capital than you. Matching company fundamental data patterns to future price movements should be pretty much childs play for any wall street quant.

i have invested ~17k into an IRA and would like opinions on my portfolio, am i in the correct thread to post portfolio/get feedback?

thanks in advance.

edit:

I did see the sticky, but still wasn't sure. thx

Real estate stocks.

Can you invest in mutual funds and stocks? Diversify.

Yes it is a limit sell order. I would not put it at 44 but something like 43.87. I don't use limit orders anymore I use market orders and buy and sell when I see a better deal.

You can get it free from sites or in csv format from yahoo. http://www.gummy-stuff.org/Yahoo-data.htm

There is no month to month finance data but quarterlies. The SEC Edgar has it and many sites have it for the past 5 quarters.

I have an IRA set up for stocks only, and my employer, through Vanguard, matches up to 7% of my contribution which I am eligible for this coming January.

I have been thinking of value investing in some Chinese equities. How confident can I be in the balance sheet numbers? Do they have to follow the same reporting rules as other equities on the TSX/S&P etc?

some of the data you listed (much of it) is simply not put out on a monthly basis. period.

you of all people should know i 100% agree with your statement here, DC.

partly true.

the issue becomes one of motivation and scale, which are related in this case. i could probably think of a few ways build a profitable screening/trading tool for small cap companies pretty readily but a) a machine couldn't trade it profitably (or it would take a ton more work to reasearch/code the execution vs. manually doing the execution), and b) i don't have the coding skills and reliable data access to make that happen.

i think one thing people generally overlook is the access to data and the cost therein when actually executing profitable trading systems. it's expensive.

in general though, fundamental systems are far harder to build profitably nowadays and DC's point is very true. i'm a dinasour now in this case.

i have a friend who has a sick system and the only issue he has now is making a deal to get 5millisecond data from the CME to trade currency futures (not profitable trading spot fx due to transaction costs). when (not if) he gets it up and running, it'll make him a ton. the problem is it reaches capacity almost immediately and has, as a result, a max it can make with no ability to go beyond that. so it'll be great for him, he just can't sell it and make a ton more or scale it up to make a ton more.

the point is, there's many ways to generate profitable sub-second trading systems and there are now very few ways to generate fundamental ones. there are market inefficiencies that pop up, but you have to be on the look out for them.

the guy asking about monthly BS data is pretty hilarious though. that's like asking the govt to put out monthly GDP data lol.

You'd probably want to stick with listed ADR's that follow GAAP (Generally Accepted Accounting Principles). But even then imo it is wise to use serious discretion. read here about the different levels

http://en.wikipedia.org/wiki/America...sitary_Receipt

The Internet can be a great way to advertise a new or ongoing business.An important key to opening a successful small business is advertising.

where can i get daily historical NAV data on ETF's, preferably in a table form rather than a chart?

Kind of like on yahoo! finance i can get daily price history .... but want for nav

The only place you could realistically get this is from the fund company itself.

What do you advise a new investor that is willing to invest 10k? Basically I want a riskier/more aggressive way to invest and higher potential returns than money-market/savings accounts.

I was looking and Vanguard's website and their mutual funds and ETF's sound interesting. Any recommendations? Thanks

mutual funds are terrible. They charge huge management fees and rarely ever beat the market.

Riskier ETF's in emerging markets, tech, or the Russell 2000 tend to have higher returns.

Vanguard MF fees are pretty negligible. They won't beat the market (or sector) but shouldn't lag.

If these are exchange-traded, why couldn't you get them from a standard source like Yahoo Finance, unless you are making a point about NAV vs closing price.

http://finance.yahoo.com/q/hp?s=SEF+Historical+Prices

He said NAV specifically. ETF twins to mutual funds almost never open or close at their NAV. There is always a premium or discount.

how do you buy Hang Seng or SSE Composite index? (like if i want S&P index i just buy VFINX)

FXI or EWH may be helpful if you want HK or China exposure.

How much money do you need to start day trading profitably?
How big of an ROI/year is reasonable for a skilled trader?
No idea how known he is, but are any of you familiar with Tom Hougaard? What is your opinion of him, if any?

Thanks

So... Newbie alert, I have been completely and utterly oblivious about anything to do with the economy until very recently, when I finally accumulated a reason to start looking into it in the form of €3K (LOL) that's currently just sitting in my bank account.

Recently (listening to Peter Schiff, LOL), I have grown the concern that if all this talk about the crash not being even over yet, and huge inflation might be ahead, I am in the risk of losing the money even if I do nothing with it. Otherwise, the most optimal for me would be to just put up with the pathetic 3% of the standard deposit, as I'm super risk averse. But, risk might already have been forced upon me. The inflation talk targets mostly US, but I don't think Europe is too much better off, I think either both crash or neither.

So, can you just recommend any sources that might ease my concerns? Especially those which speak in the same terms as Schiff, as even if he is not right, at least his way of thinking in terms of extremely simple fundamentals is the only thing that a newbie like me can hope to understand. I have to say, the things he says resonate extremely well with everything I myself without any external influence have managed come up with about basic fundamentals of economy and human psychology. But, he seems to be more of a lone gunner, backed only by some doomsday scenario lovers, and his position seems more like religion than a scientifically sound position. Perhaps much better than what the politicians are doing, but not optimal.

Most people are saying that there will be no big inflation, right?

I suppose I've missed the train on gold and silver? Wish I had had that €3K and got a crush on Schiff in 2009 lol, would have doubled up. He also loves other commodities though, any comment on that?