Official Investing Thread

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

  1. citrodong

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

    Today I will tip my door dash driver one extra dollar.
     
    Sportfan likes this.
  2. burnttatertot

    burnttatertot the tastiest of tots
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Feels like we just took that moon ride reserved for bitcoin.
     
  3. burnttatertot

    burnttatertot the tastiest of tots
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Was looking around for some deals and noticed TDOC is down around $100 now. I sold back in July at $156 for minimal profit, what happened to bring it down so far?

    How is KD trading around $18 not criminal? I get that it's old tech spun off from old tech but dat p/b. I'm loading up.
     
    fish likes this.
  4. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Gallant Knight likes this.
  5. Uh pretty happy I put a stop in at $1.50. Those are now trading for under 20 cents
     
    Ty Webb and brolift like this.
  6. Houndster

    Houndster Well-Known Member
    Donor TMB OG

    Rookie move not selling before posting
     
  7. I sold at $1.50
     
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  8. Houndster

    Houndster Well-Known Member
    Donor TMB OG

    Having $7,500 more is more tight though
     
  9. No question
     
  10. FelipeG

    FelipeG Well-Known Member

    Is TDOC turning a profit?
     
  11. ohhaithur

    ohhaithur e-Batman
    Donor

    You were so close to $69,420 and you just blew it. Sad sight
     
    Ty Webb, Doc Louis, shawnoc and 5 others like this.
  12. HuskerInMiami

    HuskerInMiami Well-Known Member
    Donor
    Miami DolphinsNebraska Cornhuskers

  13. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Speaking of which, my In-Laws just sold their Arby's franchises for $14.5 million. I still tell my wife that was the primary reason I married her...for the sweet, sweet roast beef money.
     
  14. they need to buy a vacation house that you have access to for a few weeks a year
     
  15. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    They have a few places. Most are in Cleveland, but they do have a condo in Hilton Head.
     
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  16. dukebuckeye likes this.
  17. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    Congrats to you by proxy.

    I've always been curious about this...How many units?
     
  18. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Thanks, man. Not like I'm seeing any of it directly until they pass, but neat nonetheless.

    They had six stores, owned five of them outright.
     
  19. citrodong

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

    Actually I'm gonna need that dollar back.
     
    Ty Webb, soulfly, letan and 4 others like this.
  20. letan

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

    damn I would not have guessed 6 arbys would fetch 14.5 mil. that’s awesome. did they own the land too or just the franchises?
     
    dukebuckeye likes this.
  21. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Owned the land and buildings for 5 of the 6.
     
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  22. letan

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

    that helps add it up
     
    dukebuckeye likes this.
  23. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    For sure. It was the perfect storm for them to get out.
     
    letan likes this.
  24. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I’ve actually never had arbys. Need to try it out sometime. I think that’s the biggest of fast food chains I haven’t tried.
     
  25. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

  26. Father in law bought there when they were first building. Pretty sure he could sell their house for like 9-10m

    he’s done 1031 exchanges over a 20 year period and has parlayed a $150,000 rent house in Houston into that alys beach mansion
     
  27. burnttatertot

    burnttatertot the tastiest of tots
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsMetal

    Quadrillions
     
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  28. letan

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

    I dunno about the stock but I just used teledoc for the first time today and it was great. Signed up and scheduled a call for after work that took 5 mins. Some lady called right on time and had a prescription ready to be picked up within an hour
     
    FelipeG and Sportfan like this.
  29. soulfly

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

    Bloodbath for my personal account. IRA and managed account have been holding up pretty well, though.

    Anyone planning on buying into this? Or waiting to see if it drops more? Anything in particular you’re looking at?
     
  30. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    ROKU, PYPL, Visa are all down quite a bit
     
    soulfly likes this.
  31. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Just my normal paycheck buy-ins. Maybe it'll stay down until January when I can get my IRA contributions in.
     
    soulfly likes this.
  32. Sportfan

    Sportfan From Six to Dumptime

    Just your standard $25,000 intraday swing for me today. Thanks fed!?
     
  33. Smuggy

    Smuggy Well-Known Member
    Alabama Crimson Tide

    When will we know whether or not backdoor Roths will be an option moving forward?
     
  34. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
    Oklahoma State CowboysHouston AstrosHouston TexansTiger Woods

    Whenever the Senate decides to move/do anything with the BBB bill. Since it’s shelved for the time being, all signs point to having the back door Roth still in 2022; if they do something related to tax reform next year, it would be difficult to include that provision but make it apply retroactively to 1/1/22 since many people will max out their IRA at the start of the year
     
    Anison, billdozer, Smuggy and 2 others like this.
  35. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    With Manchin pretty much killing the BBB, guess I'll keep doing my mega backdoor roth contributions over taxable for the foreseeable future.
     
  36. Arliden

    Arliden Well-Known Member
    Donor

    FHDUfq1WQAcs4Ju.jpeg

    As it notes this is up to 12/17 but really interesting to see the churn underneath the surface for the indexes, Mega caps are essentially keeping them a float at the moment.
     
  37. RJF-GUMP

    RJF-GUMP Daubert Qualified in Cooler Thermodynamics
    Donor TMB OG

    Since I bought my VTSAX in November of 2020 it's rate of return is 19.7%. Not bad.
     
  38. citrodong

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

    I feel like in 2022 the best strategy will be to sell options against shares or to sell cash secured puts. I've been selling calls against my shares of TQQQ and UPRO and I've been able to get 1-3% on weeklies. The market could be ultimately much more flat and we can still make crazy money.

    I'm in TQQQ at 138 and I first sold $150c for $8.00, then rolled a week for 4.50, 2.00, 5.00. After this week im rolling again and I expect another 4 or 5.

    If its a flat year that would be amazing to keep this going
     
  39. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I'm going to keep implementing my strategy that stocks only go up when the have p much only gone down for the past four months.
     
    Anison, fish, C Yank and 5 others like this.
  40. ohhaithur

    ohhaithur e-Batman
    Donor

    That was my first real strategy. Since the market takes the stairs up and the elevator down sometimes, I got burned a few times. A lot of work for not much profit over holding
     
  41. BWC

    BWC It was the BOAT times, it was the WOAT times
    Donor
    Nebraska CornhuskersChicago CubsPittsburgh SteelersPittsburgh PenguinsNebraska Cornhuskers alt

    What have you been invested in that’s down since August?
     
  42. This feels like the biggest dead cat ever today

    just bought some spy puts
     
  43. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I'm mostly just bitching about PENN, PINS, AKYA, and TMDI.
     
    BWC likes this.
  44. Sportfan

    Sportfan From Six to Dumptime

    I guess if we expect a flat year would things like QYLD actually make sense?
     
  45. The Milkman

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

    This is shorts covering from the omicron dip/BBB. I think consolidation for a while
     
    Gallant Knight likes this.
  46. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Thought this was interesting. S&P end of year returns and the declines during that year.

    [​IMG]
     
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  47. The Blackfish

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

    I’m about to over contribute to my 401k. Salary has changed a few times this year and I’ve made adjustments each time to keep it on track but when the salary changes hit vs when the adjustments apply ended up with my 2nd to last paycheck of the year taking me to and slightly over the max and the last taking all being over.

    I’ve scoured my plan literature and I can’t find what our plan does. My hope is that it automatically changes to after tax contributions. I guess worst case scenario my last paycheck doesn’t contribute and I miss one week of company match (we get paid weekly.)
     
  48. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersUnited States Men's National Soccer TeamPhoenix Rising

    I think most payroll systems will just cap the contribution when you hit the max.