Author Topic: Fidelity - 50k UA and 50K Delta and Apple GC (Read 158929 times)

AJK · « **Reply #440 on:** May 01, 2012, 11:34:08 AM »

Quote from: Reuven on May 01, 2012, 06:04:03 AM

I'm more or less a believer in the efficient-market hypothesis. Anyhow, I've been burnt in the past from ppl's 'insider' tips on tiny companies.
A friend tried to sell me on the SpongeTech company (owned by a frum guy in Queens) b/c it went belly up in the biggest penny stock fraud in history.
http://www.thefinancialinvestigator.com/?p=51

Either way, sorry for going OT.

Believing in the EMH does not preclude "making educated stock pics."

Re: spongetech - had a friend who worked there. Just terrible.

Drago · « **Reply #441 on:** May 01, 2012, 01:03:07 PM »

Quote from: AJK on May 01, 2012, 11:34:08 AM

Believing in the EMH does not preclude "making educated stock pics."

Re: spongetech - had a friend who worked there. Just terrible.

If you're randomly choosing a stock to hold for 5 years (ie, you're not trying to build a portfolio based of of Markowitz's principles), then I'm not sure that throwing a dart is any worse than spending 10 hours researching. You disagree?

If you're trying to build a portfolio on the efficient frontier (or whatever its called), than you need to be cognizant of volatility, correlations, etc.

AJK · « **Reply #442 on:** May 01, 2012, 01:30:50 PM »

Quote from: Reuven on May 01, 2012, 01:03:07 PM

If you're randomly choosing a stock to hold for 5 years (ie, you're not trying to build a portfolio based of of Markowitz's principles), then I'm not sure that throwing a dart is any worse than spending 10 hours researching. You disagree?

If you're trying to build a portfolio on the efficient frontier (or whatever its called), than you need to be cognizant of volatility, correlations, etc.

I'm not sure I understand what you're trying to say.

If you're randomly choosing a stock for 5 years, how are you spending 10 hours researching?

Drago · « **Reply #443 on:** May 02, 2012, 12:49:48 AM »

Quote from: AJK on May 01, 2012, 01:30:50 PM

I'm not sure I understand what you're trying to say.

If you're randomly choosing a stock for 5 years, how are you spending 10 hours researching?

What I'm saying is that I don't believe that an 'educated stock pick' is any better than throwing a dart (assuming that you're not building a portfolio which is intended to maximize the risk/returns of its securities)

AJK · « **Reply #444 on:** May 02, 2012, 09:24:22 AM »

That's like saying running a marathon is no better than walking a marathon (assuming winning is not the point).

Pretty big caveat, there.

Drago · « **Reply #445 on:** May 02, 2012, 01:18:25 PM »

Quote from: AJK on May 02, 2012, 09:24:22 AM

That's like saying running a marathon is no better than walking a marathon (assuming winning is not the point).

Pretty big caveat, there.

Disagree. The typical investor could care less about the efficient frontier. They're looking for alpha more than anything else.

sawlw · « **Reply #446 on:** May 02, 2012, 01:43:16 PM »

my last 25k from UNITED posted 0n 4/20 and my 2nd 25k for Delta is a no show, can i assume tht its over and i wont be getting those miles and just close my account?

Fan of Dan · « **Reply #447 on:** May 02, 2012, 02:52:48 PM »

You won't get the Delta points, though I would be thrilled if I was wrong.

AJK · « **Reply #448 on:** May 02, 2012, 02:56:26 PM »

Quote from: Reuven on May 02, 2012, 01:18:25 PM

Disagree. The typical investor could care less about the efficient frontier. They're looking for alpha more than anything else.

You realize alpha is the risk-adjusted return of an investment, yes?

Drago · « **Reply #449 on:** May 02, 2012, 03:03:40 PM »

Quote from: AJK on May 02, 2012, 02:56:26 PM

You realize alpha is the risk-adjusted return of an investment, yes?

"Alpha is a historical measure of an asset’s return on investment compared to the risk adjusted expected return. "
http://blog.arborinvestmentplanner.com/2012/01/what-is-alpha-and-beta-how-do-they-relate-to-investment-risk/

ie, investors want to achieve returns higher than what they 'should be'. They do this b/c they think that they know s/t that the market does not.
It's not simply the risk-adjusted return of an investment

aryeh1 · « **Reply #450 on:** May 04, 2012, 02:25:37 AM »

I already deposited 25+ nothing posted

arig · « **Reply #451 on:** May 04, 2012, 03:58:23 AM »

im about to make my last deposit to hit 100k. i was just wonderin if it makes a difference if the money was deposited into 1 account or 2? meaning i have a savings and an investment account. do they count all the money cumulatively or it has to be 100k to 1 account?

Drago · « **Reply #452 on:** May 04, 2012, 04:59:32 AM »

Quote from: arig on May 04, 2012, 03:58:23 AM

im about to make my last deposit to hit 100k. i was just wonderin if it makes a difference if the money was deposited into 1 account or 2? meaning i have a savings and an investment account. do they count all the money cumulatively or it has to be 100k to 1 account?

I think it's cumulatively, but I could be wrong

Fan of Dan · « **Reply #453 on:** May 04, 2012, 09:13:48 AM »

Quote from: aryeh1 on May 04, 2012, 02:25:37 AM

I already deposited 25+ nothing posted

when did you start and which programs?

compddd · « **Reply #454 on:** May 04, 2012, 11:33:15 AM »

Quote from: aryeh1 on May 04, 2012, 02:25:37 AM

I already deposited 25+ nothing posted

It's called being patient

aryeh1 · « **Reply #455 on:** May 06, 2012, 03:42:34 PM »

Quote from: Fan of Dan on May 04, 2012, 09:13:48 AM

when did you start and which programs?

April 4th 1st added the UA offer and then same day added the delta offer .

so far transferred in about 40k and received nada

wired41 · « **Reply #456 on:** May 06, 2012, 06:40:02 PM »

A further data point- Signed up for the UA promo near the the end of March, been cycling between 5k and 15k since then, completed 100k last week, and just received the last 25k (for a total of 50k) today.

aryeh1 · « **Reply #457 on:** May 06, 2012, 06:56:48 PM »

Quote from: wired41 on May 06, 2012, 06:40:02 PM

A further data point- Signed up for the UA promo near the the end of March, been cycling between 5k and 15k since then, completed 100k last week, and just received the last 25k (for a total of 50k) today.

did you receive the invalid promo (ua) email?

wired41 · « **Reply #458 on:** May 06, 2012, 07:36:27 PM »

Quote from: aryeh1 on May 06, 2012, 06:56:48 PM

did you receive the invalid promo (ua) email?

I did not receive the invalid promo for UA. It was a first time account, so I don't think there should have been any problems. I tried signing up for the Delta promo in April, but got the not eligible e-mail and have since not received any Delta miles. I also signed up for the Apple card on April 24th and did not receive the invalid e-mail, so I will post an update if the cycling works after 30 days.

tracyinca · « **Reply #459 on:** May 22, 2012, 12:40:21 PM »

I think this is dead, at least the combining of multiple offers within a 12 month period. I opened an account in mid-March and received 50k United miles along with 25k Delta miles. I signed up for the Apple gift card on April 16 and received an email saying I did not open or fund a qualifying account. So it looks like there is no more combing the Apple offer along with a mileage offer.