GoBirds
Footballguy
We are only 3.5% off all time highs, pace yourself grasshopper.God I just want to buy EVERYTHING
We are only 3.5% off all time highs, pace yourself grasshopper.God I just want to buy EVERYTHING
Now indicated $42-$43. Oof.UBER priced at $45, initial range was $44-$50 so it priced at low end of range. Initial indications of opening price was $50, then $48, now $45.50. Not a good trend. It should open pretty soon.
It is, but last Fall the mistake I made was buying the first dip and not waiting another day or two. I’m ready to pounce. Maybe buy some small bites and if it goes lower some more.Great dip buying opportunity!!!!!!
Maybe you're right on both accounts: BTFD and biz prospects.Might snag some uber if it drops more. I totally don’t believe in it at all though but it has to bounce some from this.
Some analyst has a 65 dollar target price on it. There’s money to be made there.Maybe you're right on both accounts: BTFD and biz prospects.
I believe it. It's only like 6x annual revenue for a company that, what, doubled revenue 2018 vs 2017?Some analyst has a 65 dollar target price on it. There’s money to be made there.
I also have about 25 years left on a 3.25% mortgage. I've been paying an additional $200/month, not a lot. Think I'll stop that for now, not that .29% is much but it's something.Timeframe? The longer the loan, the more I'd just draw it out at 3.5%, make the minimum payments, and see if I can get better return than that. Shorter than 3/4 years, probably pay it back? Depends on your situation, cashflow, savings, etc. I've got 25 years left on a 30-yr fixed at 3.75 and no thought at all about making any more than the minimum, ever.
why don't you just roulette it?Talk me off the ledge. Or don't...
So I've been saving a little cash to buy a vehicle, ended up buying something I'm pretty sure I'll like a lot, for $6000 less than I had budgeted.
Then I took a loan at 3.5% ($20,000)
I'm very tempted to keep the loan and get into options or just buy the dip.
Paying off the loan won't be an issue either monthly or now, but would you gamble with the money or just take the guaranteed return of paying off the loan?
I might wait until later this week, see if the bloodbath continues.
What set of facts or analysis tells you there is a buying opportunity on the horizon anytime soon?I also have about 25 years left on a 3.25% mortgage. I've been paying an additional $200/month, not a lot. Think I'll stop that for now, not that .29% is much but it's something.
I just took a 48 month loan.
It's a risk but probably worth taking if this is a buying opportunity. We don't really need the money for another decade.
Cash flow isn't an issue, we invest more than that in non retirement accounts. This would basically be buying now instead of DCA that amount over the next 48 months.
Mostly because people are freaking out about China and tariffs. Today seems to be bouncing back a bit.What set of facts or analysis tells you there is a buying opportunity on the horizon anytime soon?
I’m up almost $7k since I dipped my toes in the water at the end of the day. What I bought is still very long term and still have a sizable % in cash to either follow another dip or reinforce those long term buys.Sarcasm
Regardless of the market overall, there are always good buys out there.Mostly because people are freaking out about China and tariffs. Today seems to be bouncing back a bit.
And then there's the simple history that most of the time (in the past) you'll do better having invested over 4 years than 3.5%
Risk for sure, we're at a high valuation despite recent concerns. So it could flop big.
Hence why I originally called it a gamble.
Good job!I’m up almost $7k since I dipped my toes in the water at the end of the day. What I bought is still very long term and still have a sizable % in cash to either follow another dip or reinforce those long term buys.
Just mad I didn’t invest in SWAV sooner. Damn work made me miss it down all the way to $52 early yesterday. I was on vacation when I got alerted to it and it was in the 40s before I really looked into it.
Glad I did. Again these are 5+ year stocks but it definitely made me feel better to get in at a much better price point thanks to Trump. I got screwed on taxes but I’ve made half of that back in a day so not too shabby. Still got a bunch of cash to dive in again if this is just a temporary bounce but I couldn’t just sit and watch anymore on 3 stocks I’ve been eyeing.Good job!
Not sure what you mean here. Is the worry that we could have a huge supply of soy that will basically compete with the corn driving down prices for both and that will affect the global economy? Just trying to piece it together.So I have analyst contacts in petro and commodities futures. They see huge risks 3-4 years down the road for a complete collapse of the system. Everything in our food supply now is hinging on 3 years of corn followed by 1 year of soybeans. The Cows and whatever eat the corn and the soy we sell to China. Mainly to provide at least a little currency stability, and some export. If they can't sell the soy, then you are looking at a huge spiral where you get the corn farmers in a load of trouble and that has downstream effects through the global economy.
It's a slow fuse now that will only burn brighter starting in 2020 and onwards.
Basically like this:Not sure what you mean here. Is the worry that we could have a huge supply of soy that will basically compete with the corn driving down prices for both and that will affect the global economy? Just trying to piece it together.
Hemp is actually being considered as a cash crop, yes. I don't think THC crops can be grown in fields yet in all states, but not totally sure.Serious question: With the emergence of Marijuana might that fill the gap in the off years?
Damn, almost wish I shoved all in. Up almost double what I was earlier. I can live with leaving 40% of my cash in cash based on at least pushing in more than half. I’m sure it’ll drop tomorrow after running up today but I like the stocks I got at a nice discount in the past week or so.I’m up almost $7k since I dipped my toes in the water at the end of the day. What I bought is still very long term and still have a sizable % in cash to either follow another dip or reinforce those long term buys.
Just mad I didn’t invest in SWAV sooner. Damn work made me miss it down all the way to $52 early yesterday. I was on vacation when I got alerted to it and it was in the 40s before I really looked into it.
A combination of Wheat Pennies, Blockbuster Video, and scratch-off lotto tickets.Got $200k in cash. Thoughts on investing it? Moderate risk level. Would use to make roth ira contributions for wife/myself (already did 2019).
Honestly though I'd invest heavily in CBD oil locations in local strip malls.A combination of Wheat Pennies, Blockbuster Video, and scratch-off lotto tickets.
Everyone and their brother has a CBD company these days.Honestly though I'd invest heavily in CBD oil locations in local strip malls.
I was being sarcastic.Everyone and their brother has a CBD company these days.
Window is too small at this point before the big box retailers crush the market.
Interesting. Hmmm. So what’s the play?culdeus said:Basically like this:
Farmers run on razor thin margins as it is even with subsidies.
Part of the farm bill and trade bill which we got China to sign off on was they would take soybeans to a point, even though they really didn't need to. It could in their mind free up more land for other stuff and they could put people in factories.
Soybeans are vital to corn farmers because they can only grow corn 3 out of 4 rotations then they have to put something there, options are basically hay, soy, or just let it sit. Soy being a cash crop was free money to these guys. So it was the perfect marriage. It was like the farm bill on steroids.
So china has quit buying soy. Most of it is going in the trash or being turned under right now. So the farmers that are on rotation 1 or 2 are fine, the ones that came into it on rotation 4 are already screwed and
https://www.bloomberg.com/news/articles/2019-02-14/u-s-soy-exports-won-t-reach-pre-trade-war-levels-for-years
The downstream effect if this continues on is massive because then it drives up corn->Cows/Pigs/Chickens/Dairy and has downstream effect of pulling hay fields into crop lands etc. Since everything is on futures right now the effect hasn't been seen at the supermarket, but the clock is ticking.
Apologies. I'm like a child wandering into a movie.I was being sarcastic.
It has the potential to upset the currency market. Bigly.Interesting. Hmmm. So what’s the play?
Biggest roadblock is you can't advertise on facebook or sell on amazon unless you white label your CBD product as "hemp oil" instead. So you have essentially the same product being sold across the country under completely different names.What's the "picks and shovels" of the industry?
BTC.Got $200k in cash. Thoughts on investing it? Moderate risk level. Would use to make roth ira contributions for wife/myself (already did 2019).
Hay fields across the midwest were winter killed. Behind on planting for nearly all crops. Milk prices at historic lows. Feeding high priced corn and hay to create low priced milk is going to make this a very hard summer/fall on the ag industry. Work with hundreds of farmers and coudn't name one of them expecting to run in the black this year.Interesting. Hmmm. So what’s the play?