Official Investing Thread

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

  1. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    It's getting hard to find good deals. I may have to get back into energy.
     
  2. infected donkey

    infected donkey Arkansas Razorbacks
    Donor
    Arkansas RazorbacksChicago CubsAvengersBarAndGrillSoutheastern Conference

    Energy is fucked right now, the amount our residential is up our industrial/commercial have fallen by the equivalent percent. So revenues are different, residential calls for higher rates but since the industrial/commercial stuff has canceled their PPA's its in some convoluted space right now. Companies will be up overall for next quarter dividends but when we get back to "normal" there is going to be some changes. I think last investor meeting I saw us getting back to "Normal" Q3 next year but posting record profits this year, next year down from this year
     
  3. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    FANG
     
    burnttatertot likes this.
  4. pacey

    pacey Well-Known Member
    Donor

    Back in on NIO at 40. Going to ride it back to 50. Fingers crossed. Also loaded up on SPR and BB this AM.
     
  5. BUstang

    BUstang Lawyer

    I bought a NIO put after it started rising this morning figuring we would see it dip back down again. I was wrong. NIO has some actual retard strength.
     
    Fusiontegra likes this.
  6. HuskerInMiami

    HuskerInMiami Well-Known Member
    Donor
    Miami DolphinsNebraska Cornhuskers

    Where can I read more about this?
     
  7. CaneKnight

    CaneKnight Well-Known Member
    Donor

    Bunch of articles have been written just looking for looming housing crash. Just google it, and pick one.
     
  8. CaneKnight

    CaneKnight Well-Known Member
    Donor

    Also I fell for the PLTR trap 1 day before Morgan Stanley downgraded them thinking the pull back was going to stop at 25 :laugh:

    [​IMG]
     
    BUstang likes this.
  9. BUstang

    BUstang Lawyer

    I have a $21p 12/4 on PLTR that I feel pretty good about. Hoping it dumps to $20 by Friday.
     
    Houndster likes this.
  10. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    told you it was a pump and dump CIA cash raising op and u didn’t listen.

    shame
     
    Fusiontegra and CaneKnight like this.
  11. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Best one going (upside) if you ask me. Took profits on KMI, may get back in. Still red on Plains.
     
  12. Houndster

    Houndster $25 Standard Unit
    Staff Donor TMB OG

    I made over 100% return. Thank you CIA
     
  13. Sportfan

    Sportfan From Six to Dumptime

    Looking to get fully out of my PANW and TENB plays then ride my WORK shares into the resolution which is like $27/share +.07 CRM shares.

    This will leave my portfolio looking like this

    70% is in VOO VTI QQQ and a couple other low expense ratio ETFs since I didn’t know wtf I was doing at first and bought too many similar funds.

    30% in AAPL AMZN FB GOOG NOW CRM UBER

    So it’s probably more like 50/50 if I actually broke those ETFs down but I’m happy to ride with the best of breed in all those classes.

    70/30 invested and still upset I didn’t get it to like 95/5 but I’m chipping away at it. Maxed out my 401k third year in a row too.
     
    letan and billdozer like this.
  14. shawnoc

    shawnoc My president is black, my logos are red...
    TMB OG
    New Jersey DevilsRutgers Scarlet KnightsNew York Red Bulls

    I got rid of most of my energy a few weeks back (including FANG and even PEIX) but I’m still holding onto my alternatives AMRC, AZRE, CSIQ, plus PDCE.
    (If you count alternatives
     
    burnttatertot likes this.
  15. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Found the spy
     
  16. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Got lucky and rode PLTR to 25 :feelsgoodman:
    then sold and got into MRNA. :feelsbadman:
     
    Fusiontegra, BUstang and construxboy like this.
  17. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    I wouldn’t count solar as energy tbh
     
    shawnoc likes this.
  18. HuskerGuy99

    HuskerGuy99 Above Average Member

    God damn look at BA. Can't believe I just sat here and watched the past 24 hours.
     
    momux and Bricktop the white like this.
  19. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    Just read an article about expense ratios that made me do a review of my 401k. Ended up selling two funds for a vanguard fund and reducing them from like .5% to .03%.
     
  20. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    everyone should do this if they haven't

    long term broad investments are the best path, but if you let your expense ratios eat up your gains you're missing out bigly
     
    Hatfield, The Banks, brolift and 3 others like this.
  21. pacey

    pacey Well-Known Member
    Donor

    SPR follows BA pretty close. I am in that rather than BA.
     
  22. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    That's a huge source of lawsuits. Anyone that's a plan fiduciary needs to be keenly aware as well.
     
    momux and letan like this.
  23. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    I loaded up on that back in the one twenties and bought up into the fifties. Now with it going up so much it's my #1 holding.
     
    dukebuckeye likes this.
  24. HuskerGuy99

    HuskerGuy99 Above Average Member

    I'm just playing the options. I'm pissed because I'm sitting here with the charts open and the options I was looking at for .50 on Wednesday morning are now like $13 each. Should have known when it last touched $210 that they were going to do this. I was distracted by AMD and BB all week.
     
  25. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    with puts I hope
     
  26. HuskerGuy99

    HuskerGuy99 Above Average Member

    Heck no. Was playing calls with both and getting good returns, but nothing close to the 30-baggers in 1 day that BA just put out. Probably done with BB for the time being because IV has just launched into space. Only pulled a little over 100% return with like a 13% move in one day.
     
  27. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    AMD - O V E R R A T E D :clap:
     
  28. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Speaking of overrated, anyone else get in on this last dip of Salesforce (CRM)?
     
  29. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    Keep pounding about the market collapsing but hedge fund inflows are up 150-250% vs 3 month average depending on the day this week. Realized vol crashing to yearly lows. Dxy continues to get annihilated.
     
    Struggler likes this.
  30. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

  31. Smuggy

    Smuggy Well-Known Member

    401k vs. Roth 401k - for those of you that have a choice between the two with your employer, which do you contribute to?
    I've been contributing to Roth 401k for years but am now considering switching to a regular 401k.
    Since the 401k is taxed later, and is taxed at your income, what happens when I start withdrawing after retirement (and don't have an income)?
     
  32. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I switched last year from Roth 401k to regular. I had been doing Roth 401k for about 10 years, so traditional was much smaller. I read up on it some. Basically, in retirement your income would be whatever you take out of your pretax 401k, SS, or taxable dividends etc. Below was a summary of what it would take in retirement to get to the current 22% tax bracket. I don't think I'll be taking out that much. So if you are in the 22% bracket, think of what bracket you think you will be in (and what the brackets may be) when you retire. Also, you can use the tax savings from the traditional 401k to fund a Roth IRA. You can always hedge and do some to traditional and some to Roth.

    Example for retirement withdrawal:
    You have to understand 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%.
     
    #21532 billdozer, Dec 4, 2020
    Last edited: Dec 4, 2020
  33. ohhaithur

    ohhaithur e-Batman
    Donor

    I'm no expert but one of the reasons I like Roth is because we don't know what tax rates will be in 2060
     
  34. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Is there any reason to consider using a brokerage account over after tax Roth conversion kept in the 401k? The only benefit I see would be accessibility, which would be nice, but not sure it's worth the tax hit to the gains.
     
  35. Smuggy

    Smuggy Well-Known Member

    That has been my thought process all along. Plus, if there's ever a stock market crash my Roth 401k wouldn't take as big of a hit as my 401k since I wouldn't have as much in there.
     
  36. Louis Holth

    Louis Holth David LaChapelle levels of not giving a fuck
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Anybody been playing with SPCE calls?
     
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  37. RockHardJawn39

    RockHardJawn39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

  38. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

    It’s 100% horseshit but buy the rumor and whatnot
     
    RockHardJawn39 likes this.
  39. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    team max 401k, then roth (backdoor if needed and spousal), then random accounts like 529/hsa if you do those, then taxable

    did roth focused early when we made little money but knew the trajectory we were on would keep us out of the low bracket we were in probably forever, even ignoring tax changes going forward. roth now just acts as a hedge.
     
    Anison likes this.
  40. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    What would you do after max 401k, Roth IRAs, and HSA between mega backdoor Roth and taxable? Was considering splitting the difference. Also doing 529s, but starting to split between that and taxable as well as a hedge, at least for the oldest.
     
  41. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i haven't read up on mega backdoor roth in a few years but it seemed suspect, read a lot of accountant types who didn't recommend it. things might have changed especially since the backdoor roth is basically formalized as ok now.

    i just go taxable
     
  42. RockHardJawn39

    RockHardJawn39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

    How do you do a back door roth IRA on vanguard?
     
  43. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    invest in a traditional ira, then they're nice enough to have a button that says convert right on the site, they're also nice enough to leave the traditional ira account open even with a $0 in it after conversion

    https://www.physicianonfire.com/backdoor/

    good walk through if you don't already have accounts created
     
    RockHardJawn39 likes this.
  44. RockHardJawn39

    RockHardJawn39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

    I have an ira on there guess i need to open my eyes
     
  45. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    now that i have an ira/roth already created it takes like 2 minutes to do it every jan 1st

    i've already moved the money into my market account just uninvested and waiting
     
    RockHardJawn39 likes this.
  46. Dale Doback

    Dale Doback Well-Known Member
    Donor

    I have been doing decent on longer term option plays lately. Decided to try some quick turnaround options and promptly remembered why i don't do that. Woof.
     
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  47. gordon bombay

    gordon bombay magician's alliance enthusiast
    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

  48. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

  49. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Yeah, stopped buying anything sooner than Jan expirations.
     
  50. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Casual 100% ROI on FSLY contracts on day of purchase.
     
    ohhaithur likes this.