September’s producer price index came in much hotter than economists forecasted on Thursday, underscoring the continued inflationary pressure from energy amid the U.S. war with Iran.

The measure of underylying inflation pressures climbed 1.3% in September and 6.3% on an annual basis, marking its largest 12-month advance since late 2022, according to data released by the Bureau of Labor Statistics.

Economists polled by Dow Jones forecasted an advance of 0.6% on the month and 5.5% annually.

October holds the historical reputation for having some of the most famous and catastrophic market crashes.

The Panic of 1907: A severe financial crisis which triggered a massive run on banks.

The 1929 Crash (Black Tuesday/Thursday): The severe market collapse that led into the Great Depression, with the Dow Jones dropping around 25% over a few days in late October.

Black Monday (1987): On October 19, 1987, the Dow Jones Industrial Average plummeted 22.6%, the largest one-day percentage drop in history. 

The 2008 Financial Crisis: Steep declines and intense volatility of the Great Recession peaked in October 2008.

October 10, 2025, Bitcoin’s Flash Crash, losing over $19B in leveraged positions within 24 hours.

I've been looking into what my options are in defensive investments and touched on the normal consumer staples, healthcare, real estate, etc. but then as I started reading into quality stocks (basically solid, consistent financials, low debt, and performance), I see that Vanguard offers VFQY which appears to have a similar, just less tech-heavy composition than VOO.

It's traded leading/lagging VOO in the last few years, and sure, the expense ratio is ~4x as much, but what am I missing about why to or not to invest in it? This seems like a more reasonable, diversified allocation of sectors than VOO currently is, no?

So when I was a child, my parents put money aside for me after selling our first house. This money has since been in a wealth management service. Now that I am older and have started to get into investing, is it recommended that I take this money out and invest it myself in lower risk ETF's? I don't really understand it all too much, but I'd imagine that the fee's tied with the wealth management service would be far higher than managing it myself.

Any advice would be helpful!

Hi - I've been contributing monthly from last 2 years on Individual stocks investment (not on etfs? and built my portfolio about 123k.

Looking at the situation, I am worried how to handle recession and I am already down from the recent falls.

What is your strategy to survive recession if there is one tomorrow? Do all close your stock positions by taking a loss and enter when you get a hint that market has bottomed out.

Pls guide , thanks for your reply.

fitch had q3 redemption requests at 13 of the 15 perpetual nontraded BDCs averaging 9.8% of shares, against the usual 5% quarterly cap. so if you asked out, you got roughly half. at the same time Cox Capital's tender for BCRED was $20.65 a share against an aug 31 NAV of $23.60, about 12.5% under, and in july they were bidding around 25% under NAV on HLEND.

i get that a tender buyer wants a discount for liquidity, and Cox says its prices track where the public BDCs trade. but if the fund says 23.60 and the only cash bid outside the fund is 20.65, at some point the gate is part of the price. for people who hold these or compare them against the listed BDCs, which number do you actually use?

I've been considering investing £600 per month over the next 15 months (£9,000 total), initially focusing on the Mag7

However, I'm also interested in other high-growth companies, particularly in AI, semiconductors and technology infrastructure.

Given current valuations, earnings expectations and potential catalysts through January 2028, I'm curious whether MAG7 will continue outperforming or whether there are more attractive opportunities elsewhere.

Which companies or sectors do you believe have the strongest growth potential over the next 15 months, and what's your investment thesis?

Interested in discussing valuations, growth drivers and potential risks rather than seeking personal financial advice.

Does anyone have experience submitting multiple ACATs at once to the same outgoing brokerage? Is there a chance this will screw things up, or should it be OK? Clearing firm is Apex. I've heard lots of different things about what's allowed, e.g. are you allowed to have any ACH transactions on the account while waiting? Thank to anyone who can share their experience.

In the past, the reasoning behind holding onto equities was that other forms of investments were not paying off well. This is no longer the case now that long-term U.S. Treasury bonds are earning yields of about 5% or more. The certainty of a fixed rate of return (on an individual bond held until maturity) is looking more and more attractive in light of the uncertainty surrounding equity returns. However, there is the issue of inflation, taxes, and the chance of losing out on a bull market.

How is this weighing on those who invest for the long term in this community?

Are you comfortable making fresh investments in equities at these valuations, or have bonds become sufficiently attractive to change your asset allocation?

If you opt for bonds, will you commit to locking in yields for the long term, or go for shorter maturities and wait?

At what stock market return expectation over the next 10–15 years do you feel that the higher risk justifies the investment over a Treasury?

Have any of you moved some assets from equities to bonds in recent times? How did you come to this decision?

I am a buy-and-hold index investor. I don’t want to own SpaceX. Is it possible to own the S&P 500 without SpaceX? How could I neutralize that one stock without tax consequences, without active trading (such as renewing options), and without selling VOO? I don’t wanna participate in the gains or losses of SpaceX at all. For example, is there an inverse ETF for SpaceX that I could hold long-term? Would that work?

Anthropic is gathering institutional investors at its headquarters tomorrow (Wednesday) to pitch its Q3 financials. The timing of this meeting is critical for the broader tech sector: The OpenAI Spillover: Last week, confusion surrounding OpenAI's updated revenue accounting dragged down the Nasdaq and hammered major semiconductor names. Anthropic is clearly stepping up to show "cleaner" financial metrics to stabilize institutional sentiment. The $2 Trillion Valuation Question: The company is reportedly targeting an IPO as early as mid-November. Investors will be scrutinizing whether their actual revenue matches the rumored $65B+ summer run-rate, or if their massive $160B+ infrastructure commitment to Broadcom introduces too much structural risk. Can public markets digest a startup trying to list at a $2T valuation while managing data center capex on par with entire sovereign nations? Will this Q3 drop confirm the "tokenmaxxing" deceleration?

Source: CNBC

Tight supply, geopolitics and industrial demand - UBS betting on commodities.

In their view: UBS View

Brief:

• Energy (Oil): UBS notes that the physical oil market remains globally tight due to ongoing supply disruptions and attacks impacting transit through the Strait of Hormuz and the Red Sea. They view recent G7 emergency inventory releases as only a temporary band-aid that actually shrinks future market buffers, leaving oil prices sensitive to further supply outages.
• Gold: While rising U.S. real yields and a stronger dollar present short-term headwinds, UBS highlights that structural demand - specifically robust central bank buying (such as from China, Poland, and Uzbekistan) alongside steady ETF inflows - will continue to underpin the market and support prices moving forward.
• Industrial Metals & Agriculture: UBS maintains a constructive outlook on industrial metals (favoring copper due to constrained mine production, strong Chinese demand, and data center/electrification investments) and agricultural commodities (where tight inventories and El Niño weather disruptions are putting upward pressure on global food prices).

NFA

I currently have 8700 into my savings, i make 1000 a month and spend abt 330 for gas and insurance, then i put the rest into my savings allowing me to save abt 500 a month. should i invest daily, weekly, bi weekly, montly, and if so, how much should i invest?

There was a topic here a few days ago that got a lot of traction that I think is worth revisiting

https://www.reddit.com/r/investing/comments/1x0n1ka/all_in_on_google_100_of_portfolio/

The OP and many commenters made good points that I have heard from others, that by investing in GOOG you're really investing in dozens of businesses (search, gmail, chrome, android, youtube, gemini, etc) so yes certainly more diversified than investing in a company like INTC.

But I think it is worth considering that you could have made this same argument investing in GE back 30 years ago. Aerospace, healthcare, insurance, financial services, consumer goods, media (NBC), basically GE was involved in everything.

I think the comparison is appropriate because the beginning of the fall for GE was the failing of their core business after 9/11. That forced them to make decisions with their other business. GOOG at it's core is a search business. I would argue that search is at the greatest risk in AI. And it's not that we are going to stop searching, but from the business side with AI the people paying for clicks aren't getting as many clicks as they used to because AI summarizes what you were searching for.

I am not opposed to GOOG, I own a fair amount of their stock in my own portfolio. But personally, I would never allocate 100% of my investments to any 1 company no matter how big a moat I think they had, and I think all you need to do is look backwards to see why.

Those who do not learn from history are doomed to repeat it.

TL;DR: Having an advantage in the real world vs waiting for a greater fool to regain it.

Imagine if in the past, people who paid into pyramid schemes or chain letters called that contribution "buying an asset," and referred to the paid amount as its price or value.

For example, in a chain letter, someone sends $10 to the person ahead of them on the list, signs their name at the bottom, and claims: 'I bought an asset worth $10.' The next participant comes along, sends $20 to the previous one, signs the list, and says: 'Now I own an asset worth $20.' And the media headlines proclaim: 'Asset Value Surges by 100%!'

In reality, there is only a list of participants waiting for payments from others. Nothing else. People would say such individuals and the media had lost their minds. Participants hand their money over to others and claim to own an asset worth the exact amount they just gave away, while the media treats this as a booming new asset class.

This is exactly the way of speaking that has been normalized today when it comes to Bitcoin. Mainstream media like Forbes and Bloomberg run headlines such as "Harvard Now Owns Nearly Half a Billion Dollars Worth of Bitcoin" and "Birth of a New Asset Class."

However, when we look at everything associated with the name "Bitcoin," we can easily see that no asset worth half a billion dollars exists in Harvard's possession, and that Harvard had nothing to buy, but is merely waiting for a payment from others.

Take the blockchain first. Did Harvard buy that? No, it is a shared file containing records of digital addresses and their associated numbers, which anyone can download from the internet. Did it buy the computer network that maintains that file? No, that consists of devices owned by independent individuals and private companies. Did it buy a digital address or a private key? No, anyone can generate those for free. Did it buy the number next to that digital address? No, numbers are abstractions from an infinite mathematical set and cannot be owned. Finally, did it buy the software that determines the network's operating rules and updates the numbers next to the addresses? No, that is freely available as open-source code.

As we can see, there was nothing for Harvard to buy, no asset to own. Bitcoin is merely a cryptographically based list of participants who handed over their assets to others (or spent electricity to maintain that list) and are now waiting for payments from others to acquire assets again. What is called the "value" or "price of Bitcoin" is simply the last payment, converted into fiat currency and divided by the number next to the payer's address.

Harvard is one of the participants on the waiting list, not the owner of a new asset class.

What does it even mean to own an asset?

Put simply, it means having an advantageous position in the real world. Suppose you hold wheat and oil. You have an advantage over those who don't hold them because you can satisfy others' needs for food or energy. They will come to you and offer you something, rather than going to those with empty hands. That is a clear advantage.

It is similar in the financial world when you hold US dollars, bonds, or stocks. With dollars, you have an advantage because you hold an instrument of someone else's debt. All dollars are issued as loans by commercial banks or the Fed to the private sector or the government. Those debtors must come to you and offer something to obtain dollars, pay off their debt, and avoid foreclosures or bankruptcy.

With bonds and stocks, you have an advantage because you can offer others the right to future cash flows: interest, principal, dividends, or proceeds from an eventual liquidation of the company.

On the other hand, with chain letters or Bitcoin, no such advantage exists. You have nothing to offer anyone except showing them a name on a waiting list as proof that you paid into the scheme, only that with Bitcoin, instead of a name, you show a larger or smaller number.

Bitcoin is, therefore, a digital record of participation in a scheme where you wait for another participant's payment in order to regain real-world advantage, that is, some form of tangible or financial asset. And all that talk about crypto assets, digital money, revolution, decentralized finance, and a store of value is merely propaganda by which existing participants try to extract as much assets as possible from others.

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!

Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.

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If your question is "I have $XXXXXXX, 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?
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• And any other relevant financial information will be useful to give you a proper answer.

Check the resources in the sidebar.

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

Lately I have been thinking to reduce my exposure to certain stocks that have seen explosive growth in last year or so due to increased investments in AI hardware. Would offloading such stocks (say MU and DELL) and moving funds to high Dividend ETFs like SCHD a good move for next year or two? Share your thoughts.

According to the Financial Times, Anthropic generated $16.8 BILLION in revenue in Q3, up 46% from $11.5 billion in Q2 and that's nearly $5.3 billion in additional quarterly revenue in just THREE months. Anthropic also told investors it was profitable on an adjusted basis AND cash flow positive during the quarter. This is a pretty big deal because one of the biggest concerns surrounding AI companies has been whether they can actually turn this massive demand into a sustainable business, especially when they're spending billions of dollars training models and running inference.

And this is where things get even more interesting. Anthropic is planning to spend MORE THAN $500 BILLION on computing and AI infrastructure over the next decade. Think about that for a second. That's an average of more than $50 billion annually, although the actual spending will likely vary significantly from year to year. All of that money has to go somewhere. We're talking about GPUs, memory, networking equipment, optical components, data centers, power infrastructure, and everything else required to support increasingly powerful AI models. This is exactly why I continue to be so bullish on the broader AI infrastructure trade.

I've been putting my money into ETFs for years. I've made decent returns just based on that. Most of that has been just riding the bull market, but once in a while I've been lucky and bought an industry-focused ETF or something a little more niche for a shorter period of time ( usually under a year ).

What I'd like to do is split off 10% of my portfolio and put it towards individual stocks that I take the time to research and invest in for short to mid-term. I'm not interested in taking my money out of the S&P ETF and putting it for 10 years in Microsoft. I'd like to take the time to research an industry and pick out smaller, nicher companies within it that through my research I think might do better than the industry/market.

I'm confused on the workflow for such a thing. Where do I even start? Do I google an industry and go from there? Do I monitor the news like a hawk? I have a day job still and I don't plan to quit it to monitor news aggregators for 8 hours a day. I was thinking I could put down an hour or so a day to do this ( maybe before work, maybe after ). I don't know if this is an unreasonable expectation, with such little time daily to achieve a semblance of success.

Edit: I'm from the EU, if that makes a difference. My ETF investing has been exclusively in UCITS ETFs since those come with some pretty sweet tax benefits in my country.

The US rally is increasingly being funded from abroad. Overseas investors have poured nearly $2 trillion into US assets over the past year, a record, with equities accounting for the bulk of those flows.

As a result, global portfolios are now more exposed to US stocks than at any point before. For now, that demand remains a powerful tailwind.

However, much of the return foreign investors earn on US assets depends on the currency. A weaker dollar would erode those gains and could quickly turn enthusiasm into selling pressure, particularly among investors who have not hedged their exposure.

That is where the risk lies, the trade has become crowded, the inflows that have supported the rally could therefore become the very source of the unwind.

I’m 24 with 34k in my 401k and my monthly expenses are decently low. I only pay property tax and utilities because I live in a paid off house the only debt that I’m in is I owe 20 K on my truck and have around $8000 in credit card debt that I’m taking care of right now and am about to start a new job I’ll be making around 100k after bonus with a 16% raise in 2 years and 3% annual raise every year. My new company matches 200% of 5% so my question is what would be the best investment strategy I’m wanting to open a Roth but I don’t know if I should max my Roth and contribute 5% to get a 10% match from my employer or 10% 401k and 5% Roth. I have a meeting. With a financial advisor in a few weeks. So trying to get some ideas I can run by them. I’m not atm wanting to retire early just want to be set up for the future and build my net worth early so compounding interest can do its thing in 40 years. Thank yall also for everyone who has invested well and strategically if you were in my shoes at 24 in my position how would you go about? it?

Samsung and SK Hynix fell hard enough to drag the Kospi lower after Broadcom's CEO publicly questioned whether the scale of AI spending can actually pay off. The same day, Micron, ASML, and SoftBank all dropped as the selling moved through Asia and into Europe before US markets opened.

Bank of America's latest fund manager survey shows long global semiconductors is the single most crowded trade right now, with tech exposure near a 6-year extreme. That many investors already in the same direction means one credible insider voicing doubt gives everyone a reason to sell at once, and the exit gets crowded fast.

Upcoming hyperscaler earnings are the clearest test of whether this stabilizes. Does a firm capex commitment from Microsoft or Alphabet bring buyers back, or do funds start sizing this trade smaller regardless?

Not getting into an argument about whether we’re in a bubble, and if it will pop soon. Or whether you can time the market.

I want to get a simple survey:

How far are you from retirement, and do you have emergency stop-loss orders on your funds in case of drastic sell-offs?

I don’t (about 10-2 years out) but am considering it.