I'm locked in a low mortgage APR as well, but want to get rid of the payment. My wife is finally gearing up to throw some cash on the fire (so to speak), so I'm certainly not going to stop her. I understand the market has better returns than 2.49%, but we're both investing around 15% of our respective salaries already in retirement savings. With as many years to go as we both have, I think we'll be alright come retirement time. I just want to be 100% out of debt so our monthly expenditures will be low and I'll have that cash available for travel (in a few years), investments, and projects.It's up to you and whatever you're comfortable with.
Personally, with a 2.875% mortgage, I'm not putting put much into extra principle - because I'd rather let the market get a 5-7% average increase over saving that interest. Everyone has their own priorities in life though.
Timing the market sucks, but knowing that there is 10%+ unemployment - millions of people about to be evicted the moment they lose protection, and a ton of people that will lose unemployment benefits... I can't say right now is a great time for investing any large sums...
But that's just my 2 cents.
$1200 + Unemployment benefits + $600/week extra = lots of money out there last quarter. But, all this extra cash will be gone in the next quarter. Which is the quarter that scares me. Throw in the election uncertainty and I just can't seem to want to get into the market right now.Target surges 12% from blowout earnings. Jeez, never saw that coming....
I didn't. I was expecting Target to trade slightly flat or down after earnings. Why? Because Walmart, Home Depot, and Lowes all reported blowout earnings as well but yet the shares prices in those companies all went down or barely traded flat afterwards. Everyone already figured the big box retailers would all have very good to blowout earnings this quarter. That's no surprise and mostly all priced in. See, the market isn't stupid like you think it is.Target surges 12% from blowout earnings.
Jeez, never saw that coming....
$1200 + Unemployment benefits + $600/week extra = lots of money out there last quarter. But, all this extra cash will be gone in the next quarter. Which is the quarter that scares me. Throw in the election uncertainty and I just can't seem to want to get into the market right now.
Large, well-known companies, with (A) the ability to deliver and (B) have essentials to sell (groceries, cleaning supplies, etc) are doing quite well. Small, mom-and-pop stores that people don't trust online, don't have a presence online, or don't sell essentials are dying a quick death.
That's not surprising. A lot of poories shop there.It is already happening at Walmart.
$10k? This guy is doing $10k to $50k challenge. But more like $10k to $0 challenge.I want to start an investment mix of stocks or ETFs this year to use prior to tapping into my retirement funds. Basically, I want to have the account available in case I need cash, but the real goal is for a bankroll for fun a few years down the road.
What should I be looking at? Should I stick to ETFs or particular stocks in the current market? I previously bought a few stocks, but out of the 2-3 where I've made money, I've had 2-3 positions I ditched with losses. (opportunity cost was worth more than 10-30% losses I faced) Anyhoo...I'm trying to jump in and figure index ETFs or dividend stocks are what I should look at. Any suggestions? I'm going to be continually investing in this account moving forward and have around $10k ready to drop in the market..just trying to decide if I should do it now or save more cash up and hold it for after November.
I'm talking $10k initial investment. I'm going to try to add $500 a month, but may hold cash until I see sizable drops in the market... I should be able to bump that up to $1000 a month next Spring and more once my mortgage is paid off... I'm looking long term index ETFs....10 years minimum probably. Eventually I may pull cash out and invest in some income properties, but need more cash to start. Trying to see where this leads and evaluate for change later.$10k? This guy is doing $10k to $50k challenge. But more like $10k to $0 challenge.
Now the retard is probably going to lose it all but that's what makes it fun. Wallstreetsbets is by far my favorite reddit subforum. They crack me up.
Looking at anything interesting, Felix?
My quarterly dividends are all in and I think I want to put some of the money into stocks.
Oh no, you bought APPL??Well, after buying the APPL I had like $2200 cash left in one of my accounts. . .
The split price will be starting Monday the 31st. Not this coming Monday. Starting next Monday, the shares will still trade at current full price but if you sell your TSLA share, the buyer will get 4 shares of IOU along with your share. The IOU won't be effective until Monday the 31st. You won't have to worry as your broker will handle all that in the background if you buy or sell TSLA shares next week.So I have a question for anyone who's been through a split:
I read that tomorrow is the last day for TSLA stock owners to get the split, and the 31st is when you get the additional shares.
What happens during the next week? Will the stock be listed at the split price starting Monday?
The split price will be starting Monday the 31st. Not this coming Monday. Starting next Monday, the shares will still trade at current full price but if you sell your TSLA share, the buyer will get 4 shares of IOU along with your share. The IOU won't be effective until Monday the 31st. You won't have to worry as your broker will handle all that in the background if you buy or sell TSLA shares next week.
Do you all keep separate brokerage accounts for different allocations or strategies, or just use a single account and a spreadsheet?
For example, “play funds” vs “set and forget index”.
I was debating over whether or not to buy a couple of shares before the split and the lock-in so that I could get my 5x shares....but damn it's so expensive for me (I don't have ponyo money), and figured that it just makes sense to wait until after the split. I mean, it's essentially the same total value, on that day, with effectively the same number of shares. Or at least, with little money, I should expect to be able to afford more shares after the split (that's the point, right?) so that if the plan is to just hold forever and it goes well above its current value anyway, you end up with more shares? ....ah, but it's the same total cost either way, so what's the difference?
It's simple and it still confuses me. Meanwhile, the price just keeps skyrocketing. Today's the last day for lock in, hence the run, I guess. I had already told myself to wait until the split anyway, so I guess I will do that.