by Travis Johnson, Stock Gumshoe | October 23, 2015 3:33 pm
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Source URL: https://www.stockgumshoe.com/2015/10/friday-file-alphabet-facebook-and-some-earnings-updates/
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Travis, good article. If you had “X funds” available
which stock would you buy now, CRTO or FB?
Regards,
Frank
Facebook. That’s a core holding for me — which is not to say it mightn’t drop 15% if earnings are bad in a couple weeks. Criteo is cheaper under most valution metrics, much more speculative, and 1/100th the size of Facebook, so it has a better chance of doubling in a couple months. But if I buy one, I want the dominant industry leader even if it’s a bit expensive … earnings coming soon, though, so I’d probably open a small position and hope for a bad quarter to add on a dip.
Thanks for the response Travis. I think I’ll pick up
some of both and then add to FB if they dip after
earnings.
Regards,
Frank
Thanks for your experimentation/feedback with the Lending Club. V educational.
Here are some numbers after 5 years (started 11/7/2010)- – Actual annualized returns have moved down to about 1/2 of the “expected” annualized returns for the various reasons that you have noted (defaults, higher “cost” to Lending club etc)
===== direct copied from account ======
Your Notes purchased on the Lending Club platform
Adjusted Net Annualized Return3 ?: 6.25%
Weighted Average Interest Rate: 12.08%
Weighted Average Age of Portfolio: 33.3 mos
Number of Notes: 1,062
========
Interest Received $4,544.04
Total Payments
(Principal & Interest) $23,489.82
=====
Adjusted Account Value $7,783.02
====
Has been in auto mode for a year or so, now on “hold” to permit extraction for other purposes (and not knowing what will happen in next few years as far as possible defaults). Have been extracting from account over last couple of months, was peak at about 9K+ with about 5K initial principle. As would be expected, it will take around 3 yrs to get all of the money out of the account.
Thanks for the numbers, good to see someone’s experience. I’m going into this expecting something like the performance of junk bonds, which are netting 6% or so in most of the ETFs, with less volatility, partly because of the broad diversification across different small notes.