Official Investing Thread

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

  1. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    So deposit to coin base, use coin base to “deposit” on Celsius and convert to USDC…then withdraw from Celsius back into CoinBase and use coinbase to get money into my actual bank account
     
    Tug likes this.
  2. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    I feel the same way about Paypal
     
  3. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    Spot on
     
    The Hebrew Husker likes this.
  4. HuskerInMiami

    HuskerInMiami Well-Known Member
    Donor
    Miami DolphinsNebraska Cornhuskers

    I regret not doing it sooner. I've only been on it for about 6 months and have over 4% returns in my crypto accounts.
     
    Tug likes this.
  5. HuskerInMiami

    HuskerInMiami Well-Known Member
    Donor
    Miami DolphinsNebraska Cornhuskers

    I would just add it onto Celsius from your bank account (no need to buy on Coinbase and transfer) But when you go to exit, you have to transfer it to Coinbase then withdraw from them.

    Bank account --> Celsius. Get interest

    When you're ready to take it out:

    Celsius -->Coinbase --> Bank account
     
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  6. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Alright makes more sense. So the Celsius Network is basically a “bank” for crypto in a way?
     
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  7. HuskerInMiami

    HuskerInMiami Well-Known Member
    Donor
    Miami DolphinsNebraska Cornhuskers

    That's exactly what it is.
     
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  8. Sportfan

    Sportfan From Six to Dumptime

    10% is nice but what if I told you there’s a fund out there producing nearly 25% this year with a 2% dividend yield?
     
    The Milkman likes this.
  9. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Yeah, I moved some of our emergency fund in at the start of November.
     
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  10. Struggler

    Struggler Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

    VITAX? Pretty close to the 2% if you add in the difference in expenses.
    I miss my WSTAX dividends though. :tebow:
     
    Sportfan likes this.
  11. ned's head

    ned's head Well-Known Member
    Donor

    This market is so silly. I had some cash from a reno that got delayed that I was going to dump into my mortgage, but it's so hard to when even VTI has a 12 month return of over 40%
     
    Sportfan and Tug like this.
  12. letan

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

    this is good
     
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  13. burnttatertot

    burnttatertot Selective Enforcement
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    That's another one I'm keeping an eye on, would like to see it below 190 but I doubt it happens.
     
  14. fish

    fish Impossible, Germany
    Donor
    Los Angeles DodgersLos Angeles RamsLos Angeles KingsSouthern California Trojans

    Wife: Did you see that the top two % gainers in our portfolio are my picks?

    Me: Please, pick some more.
     
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  15. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    I tried to sign up for Celsius, it had me complete the verification which I did, but keeps saying I need to do it again (can’t see if the first one is pending). Then I tried to log on via my computer and it doesn’t let me log in. Works on my phone and the app, but on my laptop it says my username/PW is wrong no matter how many times I’ve tried to change it lol

    Might just settle on the 7.12% bond and call it a day.
     
    Tug likes this.
  16. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Crypto -> government bonds just like that. Interesting.
     
    Chumbolone and The Hebrew Husker like this.
  17. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    Well the plan was throw some cash into the Bond that was sitting in my savings/emergency fund, then a couple people brought up Celsius so I figured I’d look into it.
     
  18. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    The bond is stupid good right now but I still like a heloc for emergency funds and the rest invested.
     
    The Hebrew Husker likes this.
  19. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Anyone interested in these companies that got their shit kicked in earnings.

    DIS
    Intel
    Snap
    Paypal

    Those companies come to mind
     
  20. Hawks11

    Hawks11 The arsonist has oddly shaped feet
    Donor
    Alabama Crimson TideAtlanta BravesAtlanta Hawks

    Disney is the one that’s bothered me the most and I’ve wrestled with it. It hasn’t restarted its dividend and there are probably better stocks to hold currently if we do get hit with inflation. DIS actually has the same annualized return as the stock market VTSMX since May 1992, but almost double the annualized standard deviation. Until we have easy access to a therapeutic for the virus, Disney cruises, theme parks and etc. can’t reach their full potential. However, Disney will continue to grow and has made strides with its streaming service. It’s still a valuable name.
     
  21. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    RIVN to the moon
     
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  22. jcb-r

    jcb-r Back and better than ever
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Bought a Paypal LEAPS a week ago. Already very happy.
     
  23. soulfly

    soulfly Well-Known Member
    Donor
    Seattle MarinersSeattle SeahawksBarcelonaSeattle SupersonicsSeattle SoundersSeattle Kraken

    Was perusing all things lithium a few weeks ago and came across Sigma Lithium (SGML). Figured I’d fling a few bucks at it and hope for the best. Their business model sounded ideal for me and what I’m personally in to (being environmentally conscious). If they can pull it off (just now starting to break ground on their Brazil mine) it seems like there’s a ton of opportunity. They inked a deal with LG already. But it’s definitely a long as fuck development.
     
  24. Ralph

    Ralph Well-Known Member
    Donor

    Today might be the day for you then.
     
    burnttatertot likes this.
  25. ScFan27

    ScFan27 Well-Known Member

    I know the stuff going on at Activision is pretty fucked up but isn’t this a pretty fantastic buying opportunity?
     
  26. gordon bombay

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

    I think it depends on what you think will happen with the cod franchise. They have basically killed multiplayer, Warzone is very popular but I'm not sure if its enough to offset what MP gave them.
     
  27. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    Sono singlehandedly saving my portfolio today. (As IREN tries to kill it.)
     
  28. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    Follow-up to my “do I buy all IPOs” question…
    My SEV is up more than 200% since yesterday. Is it worth breaking the deal that I’d hold it for 30 days and getting shut out of future IPOs to cash out on this one?
     
  29. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Is that the deal? Seems like that sets up for a massive sell right at that 30 day mark.
     
    shawnoc likes this.
  30. Super Vegeta

    Super Vegeta My posting power is over 9000.
    Donor
    South Carolina GamecocksCarolina Panthers

    Depends if blizzard can right the ship as well. They just delayed their 2 biggest IPs for another year.
     
  31. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    My PYPL $200 limit order hit today. Double bottom. Bought a few leaps as well
     
  32. burnttatertot

    burnttatertot Selective Enforcement
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    My herp derp ass got in $10 ago. :ohdear:
     
  33. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Update: 30% up

    Pulled out enough profit to fund my IRA HSA and 529s for 2022. Saying fuck it. Let it ride to the rest.
     
    Anison, letan, construxboy and 3 others like this.
  34. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    If you average 30% gains for 10 years you need to start a macro hedge fund, raise 10 billion dollars and charge 2 and 20. Then you will be rich.
     
    letan likes this.
  35. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    But who would give me money when they can just invest in leveraged ETFs and make 1600% over 5 years
     
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  36. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Obviously I know this is reckless. I'm kinda messing around but as I said, it's not really a part of any strategy in my life so if I throw it into some wild shit and it goes huge, then that's great. If it goes down 50% then that's ok too.
     
  37. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Lots of people are stupid and don't want to manage their own money. That's really the only reason that financial advisors still exist tbh
     
  38. ScFan27

    ScFan27 Well-Known Member

    Why not venture into the NFT/Crypto space with some of the money if you don’t mind gambling some of it?
     
  39. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    trying to get him into even more reckless spaces are we
     
    IV, letan, The Hebrew Husker and 2 others like this.
  40. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Should jump into meme stonks or go straight for OTC pennies.
     
    FelipeG likes this.
  41. ScFan27

    ScFan27 Well-Known Member

    I told him to take his gains and run about a week ago. His risk tolerance seems like he’s ok with going into a casino and putting half on black or red, so I think it’s a fair question.
     
    FelipeG likes this.
  42. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    No value added in crypto. Everyone is just taking each others money, and I'm 35, I don't stand a chance.
     
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  43. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    Buddy, a lot of people would give you their money.
     
  44. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Money is only good for what you can use it for. 150k 10 years from now means I get up and put on a tie and go to work in my Tesla. If I lose 60k I wake up in 10 years and put on a tie go to work in my Nissan. If I make this 60k into 600k, I wake up and build mountain bike trails and volunteer or have a part time job I enjoy. Chances make champions.
     
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  45. ScFan27

    ScFan27 Well-Known Member

    This is all fine and good. You’re assuming a rate of return of 25-30% over the next 10 year period? That in itself is something I would question with your triple leverage funds. If we see an economic collapse similar to 2008 in the next ten years that will be very detrimental to your return goal. These funds were clobbered in early 2020 when the market went into a short free fall.

    I’m seeing stories of NFT’s being bought for $5k and sold for $100k within months. Is it a huge bubble? Probably. But I would say it’s more in line with “chances make champions”. If we see tech or the overall market take it on the chin for any reason these ETFs will fall very fast.
     
  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the entire NFT market is largely fake sales to inflate prices and bait someone into buying your now inflated NFT
     
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  47. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    Early 2020 leveraged ETFs recovered in like 3 months
     
  48. ScFan27

    ScFan27 Well-Known Member

    Right, because we saw an equity market rebound that was unprecedented. That checks out.
     
  49. ScFan27

    ScFan27 Well-Known Member

    I’m not going to sit here and say NFTs are good or bad . I will say that if your risk tolerance is very high in the current market environment they are a good potential short-term investment.
     
    Tug likes this.
  50. citrodong

    citrodong We're a cold fucking bean team.
    UCF KnightsIndianapolis Colts

    There's the chance of these funds going to 0 and then you lose everything. That's a real risk if things get really bad. You don't get that with 1x ETFs. I've thought about it and if covid shutdowns couldn't do it I don't know what does, maybe war?

    I think I'll probably wait until this is doubled and then protect some of it incase we have catastrophic collapse.
     
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