You're supposed to put that money toward a new car, not magic beans!I have $160K sitting on the sidelines waiting for next week. Going to see how that pans out.
I've had my fill of cars for the year. Stock market is looking good right now. Still a terrible time to buy any car. Need to wait until dealerships find a way to get their heads out of their own asses.You're supposed to put that money toward a new car, not magic beans!
The main drawback is that they are not backed by the full faith and credit of the US. This describes that issue fairly well:I came across these on Fidelity today .. pretty straightforward to buy on the secondary market. What is the catch here? There are recently issued 10 year 6.3% federal farm bank bonds (callable) for sale for roughly face value.
High end audio is where it is atI have $160K sitting on the sidelines waiting for next week. Going to see how that pans out.
Everyone and their sister is buying Tesla.I have $160K sitting on the sidelines waiting for next week. Going to see how that pans out.
Since you mentioned NVDA I'll take this opportunity to say who would ever have thought it would be a steal at $430 a few business days ago? Now it's over $460. Not a bad profit at all. Of course that's a bit of sarcasm because I thought it was too high to buy and thus missed my chance again. And numerous other sensible reasons that we all know like single stock trading is like gambling or too risky for most of us. For example if NVDA investors had read the last week's CPI report in a different way then buying it at $430 would've been a bad idea (edit: for a long buy of a few days or so.)We've had AAPL for smartphones, TSLA for electric cars, and now NVDA is the defacto AI stock. P/E doesn't matter when the full force of industry hype is centered on it.
Volatile stock. Upgraded today, $14, Needham target $17. Overvalued AI drug development play but I have a small amount so it's not too big a risk.Rxrx @ 12.50
I've had plenty of missed buys of NVDA in '02 and '03. The major barrier I had to buying is that I was poor. Kinda makes it hard.Since you mentioned NVDA I'll take this opportunity to say who would ever have thought it would be a steal at $430 a few business days ago? Now it's over $460. Not a bad profit at all. Of course that's a bit of sarcasm because I thought it was too high to buy and thus missed my chance again. And numerous other sensible reasons that we all know like single stock trading is like gambling or too risky for most of us. For example if NVDA investors had read the last week's CPI report in a different way then buying it at $430 would've been a bad idea (edit: for a long buy of a few days or so.)
Also the forum is probably getting tired of me bringing up missed NVDA bounce up buying opportunities in hindsight. So I sat on my hands waiting for the stock to be brought up by someone else giving me a chance to post about another missed buy.
I tried to look into it and as far as I can see it, you also will possibly also get a lower maximum than the sp500 over the period you invest in. Look at the very positive results in the fact sheet. Also the expense ratio is quite a bit higher than just buying an sp500 ETF.Anyone heard of the new ETF TJUL? Supposedly, it has all of the upside of the S&P 500 with none of the downside. They claim 100% no downside. Not sure how it's possible.
From the summary:Anyone heard of the new ETF TJUL? Supposedly, it has all of the upside of the S&P 500 with none of the downside. They claim 100% no downside. Not sure how it's possible.
40% pre-market. Good lordy moses!Carvana reports early today. I have exactly 1 share I bought after hours last night at $35.
I love when companies make surprise moves like this. They were supposed to report August 2nd and the options market put a big premium on puts and calls. But since the company announced last night after the option markets closed, they were caught by surprise. Now the options market makers are mispriced meaning anyone who was long weekly puts or calls expiring Friday may do nicely today. Of course most people are not long weekly puts or calls except around earnings, thus the large premium charges.
I sold at $50.40% pre-market. Good lordy moses!
Yeah It dipped a little below $1 in '02. So using $1/share if you bought $100 worth of it back then it would be a little over $46,000 today. But that's not a whole lot. And you may not have been able to spare the $100 investment. That is a difficult situation. Don't know how close you were to being able to afford a $1000 buy in.I've had plenty of missed buys of NVDA in '02 and '03. The major barrier I had to buying is that I was poor. Kinda makes it hard.
I"ve read they are always called. I have one that is callable before the first coupon. So far it hasn't been called, but I expect it to be on the first coupon.I came across these on Fidelity today .. pretty straightforward to buy on the secondary market. What is the catch here? There are recently issued 10 year 6.3% federal farm bank bonds (callable) for sale for roughly face value.
Smart man. If Cramer is singing its praises, then its time to bail.I sold at $50.
Edit: Cramer says with the debt deal and share issuance, this is a new Carvana that has a good shot at survival. He will interview billionaire owner Garcia on MM tonight.
Cramer endorsement? Kiss of death. Lol
Uhm, they should not base hikes on low unemployment, but on high inflation.Unemployment continues to not move much. Seems a given that there's going to be a hike next week.
But will that be the last?
I bought mine in 2008 using money I was overpaid for working overtime. After the split, my cost / share is $1.7247. I wish I would have been reinvesting my dividends. I didn't start that until 2020 and it's given me 3+ shares.Yeah It dipped a little below $1 in '02. So using $1/share if you bought $100 worth of it back then it would be a little over $46,000 today. But that's not a whole lot. And you may not have been able to spare the $100 investment. That is a difficult situation. Don't know how close you were to being able to afford a $1000 buy in.
I have not done it. It could give additional income on shares that you already are planning on holding. They say you can sell the shares, but don't elaborate as to if it is a difficult thing to do.Anyone ever participate in a brokerage securities lending program? https://investor.vanguard.com/campaign/earn-additional-income-on-securities-you-hold
Recently got an email from Vanguard about it, but it's hard to gauge the risks and benefits from the limited information provided. It seems, at least for taxable accounts, you could generate 1099-MISC income, which could hurt come tax time, but if it was just done in an IRA or Roth IRA, it seems like there might be few downsides?