Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

  2. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    I’m buying.
     
  3. ScFan27

    ScFan27 Well-Known Member
    South Carolina GamecocksNew York YankeesNew York JetsNew York Rangers

    Quick scan of this guys Twitter tells me he’s an idiot who is trying to gain a Twitter following.
     
  4. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    My GF works there, she’s freaking out. Hopefully people chill out soon.
     
  5. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Was just about to deploy to SCHD….
     
  6. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    Who wants to tell me having 90% of my worth in stocks on Schwab isn’t anything to worry about? I know they’re “separate” but tough not to be a scared bitch at the moment.
     
    Ty Webb and Gallant Knight like this.
  7. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    Zero to worry about
     
    Ty Webb, Bo Pelinis, Tug and 2 others like this.
  8. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    you have absolutely nothing whatsoever to worry about
     
    Ty Webb, Bo Pelinis, Tug and 2 others like this.
  9. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    If Schwab is fucked enough to go under I imagine your first worry won’t be your net worth.
     
    Hatfield and DuffandMuff like this.
  10. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

  11. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    What do we know about the FHLB

     
  12. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    https://www.fdic.gov/resources/bank...part-3-docs/federal-home-loan-bank-system.pdf

    Nice little summary here, privately capitalized, no federal funding

    The federal government does not guarantee or insure these consolidated obligations. However, the FHLBs’ status as a governmentsponsored enterprise enables the FHLBs to raise funds at rates slightly above comparable obligations issued by the U.S. Department of the Treasury. The FHLBs have thousands of members that include banks, thrifts, credit unions, insurance companies, and community development financial institutions. Of all insured lending institutions in the country, members represent approximately 80 percent of these institutions. To become a member, a financial institution must purchase stock in proportion to its holdings of mortgages and mortgage securities and its assets.2 Unlike the other government sponsored enterprises, Fannie Mae and Freddie Mac, FHLBs do not guarantee or insure mortgage loans. Instead, FHLBs act as a “bank to banks” by providing long- and short-term loans known as “advances” to their members, as well as specialized grants and loans aimed at increasing affordable housing and economic development. In some cases, FHLBs also provide secondary market outlets for members interested in selling mortgage loans.
     
  13. brolift

    brolift 2sweet
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Mr. Dimon personally evaluated the bank's relationship with Epstein during an internal risk review and decided to keep Epstein as a client. AFTER his first conviction.

    Did Jamie and Jeff fuck the same kids? Many are asking
     
    Hatfield, Name P. Redacted and Whammy like this.
  14. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Bought $5k worth at $53
     
    Hatfield, Baseballman86 and brolift like this.
  15. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
    Donor
    Kansas State WildcatsSeattle Kraken

    Heard the same except diamond liked them much younger
     
    brolift likes this.
  16. WC

    WC Bad Company, ‘til the day I die.
    Donor TMB OG
    North Carolina State WolfpackAtlanta BravesCarolina PanthersCarolina HurricanesUnited States Men's National Soccer Team

    First Republic Bank is down 78% today. Any reason not to jump all over these regional banks that are tanking? I’m assuming it’s partly because they know regulations are coming and the cash cow is, at least for now, drying up?
     
    kinghill likes this.
  17. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    if you invest in one of those banks it's purely gambling. There is a decent chance the equity will be worthless.
     
    Sportfan, brolift and WC like this.
  18. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    He didn't say crypto. He said bank.
     
    Gallant Knight likes this.
  19. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    I jumped on Western Alliance in the morning and sold after it bounced back 50%. Im $300 richer.
    AMA

    :shrug:
     
    DuffandMuff and Sportfan like this.
  20. WC

    WC Bad Company, ‘til the day I die.
    Donor TMB OG
    North Carolina State WolfpackAtlanta BravesCarolina PanthersCarolina HurricanesUnited States Men's National Soccer Team

    Can I have your $300?
     
  21. Ralph

    Ralph Well-Known Member
    Donor

    We are same, except $300 less poor :donotwant:
     
    Tug likes this.
  22. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Finished off contributions to my wife's Roth IRA and going to do mine after my bonus hits on Wednesday.
     
    Lyrtch likes this.
  23. burnttatertot

    burnttatertot butt tuck zoomies
    Donor
    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    in USB @ $36.79
     
    kinghill and Gallant Knight like this.
  24. burnttatertot

    burnttatertot butt tuck zoomies
    Donor
    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    Anyone remember what SCHW was up to in 2020 when they decided to dilute?

    [​IMG]
     
  25. burnttatertot

    burnttatertot butt tuck zoomies
    Donor
    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    "up to" as in what they have to show for it, bought/merged something etc, not asking about stock price during that time.
     
  26. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Is that the TDA acquisition? Or part of it at least?
     
  27. burnttatertot

    burnttatertot butt tuck zoomies
    Donor
    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    That would make sense.
     
  28. poetictrojan

    poetictrojan Well-Known Member
    Donor TMB OG
    Los Angeles DodgersLos Angeles LakersLos Angeles KingsChelseaSouthern California Trojans

    Haha this guy is an idiot. Know him personally and used to work with him. Huge CHUD whose email just stopped working one day after a call from compliance, never found out exactly what he did. He then moved to Texas to chase freedom and become an independent advisor.
     
    Hatfield, Uncle Si, BigReff73 and 4 others like this.
  29. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    Can’t quite get the MoM inflation to where we need it. Oil is low again so perhaps if shelter ever breaks we can get there later this year.
     
  30. Arliden

    Arliden Well-Known Member
    Donor

    Seems like higher for longer still, if SVB hadn’t crashed I feel like markets would have been pricing the terminal rate at 6% this week
     
    brolift, Whammy and Sportfan like this.
  31. Arliden

    Arliden Well-Known Member
    Donor

    Markets will probably bounce on a pivot narrative that I don’t think is there.
     
    Hatfield and Sportfan like this.
  32. Jay Jay Okocha

    Donor

    Round 2 layoffs for Meta.
     
    Sportfan likes this.
  33. brolift

    brolift 2sweet
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Max pain scenario soon come
     
    The Milkman likes this.
  34. Ralph

    Ralph Well-Known Member
    Donor

    Damn, 11k/13% in November, 10k/12% now and 5k open positions won't be filled.
    "At this point, I think we should prepare ourselves for the possibility that this new economic reality will continue for many years."

    Really looking forward to this tech job market coming up...:ohdear:
     
    Hatfield and Sportfan like this.
  35. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    quality shitpost

     
    brolift likes this.
  36. Tigers

    Tigers Admin of the Year 2011-2014
    Donor TMB OG
    Clemson TigersCarolina PanthersUnited States Men's National Soccer TeamOlympics

    fb has been burning money for years on headcount. Their comp packages were atleast 2x what microsoft and google were offering for similar things from what I saw in my part of the industry (product side and not ads). Then those teams produced fail after fail after fail. Not to mention their tech bro culture driving a pretty toxic culture. Fully expect them to continue to reduce HC this year. AWS had similar hiring practices but actually sold stuff.
     
    Harrison Beck and Ralph like this.
  37. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Seems like it's a mixed bag. My company (SaaS) went from expecting to do a 5% RIF in November, to only actually doing like 1-2% and then almost immediately ramping up hiring again. Our headcount is higher today than it was in November.
     
    Ralph and Sportfan like this.
  38. Jay Jay Okocha

    Donor

    Twilio and Meta were the first of the big hitters techs with layoffs. Both have had round 2s.

    Both have/had fundamental business questions relating to them though, over and beyond just a belt tightening/market signal. Hopefully we don’t see repeated rounds as most have done one round at least.
     
  39. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    He’s going to make a couple million when stock gets back to where it was a few days ago
    M
     
    construxboy and Hatfield like this.
  40. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
    Donor
    Auburn TigersSan Antonio Spurs

    Any reason we shouldn’t be dumping all our cash into 90 day tbills?
     
    kinghill likes this.
  41. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

  42. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

  43. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    Woof don’t look
     
    Whammy and Tommy Callahan like this.
  44. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

  45. user15000

    user15000 Well-Known Member

     
  46. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis ColtsBook Club

  47. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Cook the planet and let our infra rot to reign in inflation....hmmmm

     
    Uncle Si likes this.
  48. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Lmao yes bring back austerity.

    Raising taxes on the wealthy to siphon money out never crossed their mind I'm sure
     
    PAHokie, Uncle Si, Whammy and 2 others like this.
  49. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons