I’d say jump into ATEC. AtriCure is at its highest point in three years, but seems to keep climbing. I’ll let you make that call.
Yea we aren’t going down the right path in this thread with the insider trading stuff. Let’s squash that please.
This was 0.1% of my account that I tossed in. Not like I'm laying my portfolio on it. Although I am regretting my emerging markets part of my hold portfolio at the moment.
your post doesn’t read that way at all, someone in the industry that’s being tipped off makes it seem like you have non public information
So my dream has always been to purchase a lake front campground and run that till they put me in the old folks home. I've been saving money towards that for a few years and looking to purchase in about 3 years. They were originally asking 1.8 for it but went to a realtor recently who suggested they should be asking for 2.7. bit of a shocking jump on something that I thought was pretty much a done deal. I'm curious whether it's even viable at that price point so am thinking I need to seek advice from a professional here. Any idea who I would talk to about something like this?
It's not that I don't think. They are life long friends who are looking to retire. Property is probably worth over 3 if I was to allow development. They want me to take it over because it's the closest to keeping it in the family they can do. And they want to make sure it stays a camp ground instead of condos or big vacation homes. They are willing to negotiate and act as my bank for the first five years or so. It was a smoking deal now I'm not so sure. Need to find someone who knows what data to get and how to look at it.
Lots of ways to look at RE deals. You are buying a hybrid... business and RE. You want to be an owner occupant, you are their ideal buyer. Im not center of the bullseye to eval with you as I am primarily in flex/adaptive reuse. But, I have owned smaller MHPs, RV/storage, and am familiar with sector of market. You have a great opportunity with the relationship here.
To be fair, don't necessarily have a better idea and it may help him get leverage in the negotiations but basically valuations (especially on privately held small companies) are built on a set of unvalidated assumptions that the client provides. The CPA firm may be able to gauge an approximate value within 30-40%, but almost every one I was involved with was always way higher than what the true fair market price should have been because of the expectations of the client.
The other issue, besides having never done anything like this before, is that they do a lot of cash business. Because of that they tend to show a loss almost every year. However there lifestyle is the one I dream of. They work their asses off for 7 months of the year and then travel for the other five months. They purchased from the father at a much lower price quite a while ago. I don't necessarily need the fancy cars and multiple houses they have but I definitely don't want to have to work my ass off at a second job in the off season just to cover the nut.
It’s pizza stock season. Call options on Domino’s and Papa Johns during SB week have yet to fail me over past 5 years.
Basically I expect those stocks to increase in price. When they increase I profit. I have an expiration date of Feb 7th. https://table.skift.com/2019/02/01/pizza-delivery-is-the-real-competition-over-super-bowl-weekend/ However I am down currently due to coronavirus, we’ll see what happens next week
Like many stocks this week, 3M is on sale. Dividend kings nearing a 52 week low. $158 a pop is $100 lower than it was January 2018.
The Tesla valuation seems extremely overbought relative to the financials. Bought quite a few cheap June put options and will hold until this things dips and then pull the trigger. I’m willing to blow $5k at the opportunity to profit on the dip during the first hint of supply chain issues. I’ll probably regret this like Gallant Knight
Q1 is seasonally their weakest and tax credits in certain countries (e.g. Netherlands) were reduced starting Jan 1st 2020, so its a decent bet Q1 wont be great. Additionally like almost everyone they have exposure to China with their new factory and expanding sales there so who knows how sales (or production) will be affected by the corona virus. On the other hand this stock is completely unhinged with reality at the moment and has certain catalysts like the china factory mentioned as well as beginning production on their new little CUV in March.
Unhinged is probably the best description haha. On another note, Chinese markets are opening again on Monday for the first time since Jan 24th. Should be interesting to see what type of monetary policy the CCP will use to avoid a huge sell off by anxious investors, who have been freaking out since the 24th
For the people in this thread that have the option of a traditional 401k and a roth 401k at work, how are you guys splitting your contributions? I’ve gone back and forth from all one way to all the other along with some splits but am looking to update my percentages and figured I’d see what others are doing.
I go all 401k then do backdoor Roth. Will probably have lower tax burden in retirement and I'll take the guaranteed tax savings now where I can get it
I did 100% Roth for my first 15 years (with 6% match to pretax). I've researched more and decided I need more traditional so I've switched to 100% pretax and use the savings to go towards a Roth IRA. The main decider is do you think you will be in a higher tax bracket in retirement. You have to remember that in retirement that you need to fill in the lower tax brackets first before you get into the 22% tax bracket. With the standard deduction a married couple will have $24,400 of income tax free. Then they will pay 10% tax on the next $19,050 of income. Then they will be paying 12% on the next $58,350. What this means is that you will need taxable income of $101,800 before you break into the 22% tax bracket and only everything above the $101,800 will be taxed at 22%. You would need $2.5 million in pretax accounts to withdraw $100,000 at a 4% rate. All that is with current tax rates, but the theory is the same.
Today at 4 pm I’m switching my 401k from a vanguard 2040 fund (expected retirement year) to a 2015 fund. The 2015 has more bonds than stocks and I’m hoping to ease the eventual fallout from this 11 year bull run...bad move or nah?
Who knows. Many times in this run they've said it's ending. The hard part about market timing is knowing when to get out or in. What if the market runs up another 20% before a 10% drop? Will you wait for a bigger drop to reallocate? Of course, you're still in, just with more bonds, so you won't fully get any runup or down spike.