They just announced a huge price drop and then almost immediately announced delivery fees that exceed the price drop Great business minds
Friend of mine recommended $DS(DriveShack), and I’m kind of intrigued. Anyone know anything about them? Competition for TopGolf but they also have regular courses they own + now starting adult putt putt courses. COVID killed their price, , but I’m curious.
That sucks about Peloton. Their marketing was incredible. I had no interest in purchasing their cycles but their commercials had me hooked. I thought at the very least they could have spun off a successful athleisure brand.
sitting on 80% of my bonus rn and not sure what to do with it. I've already allocated some to my current retirement account but I'd like to put it into something a little more high growth. What would you bogleheads do with it?
Gross profit is decent - 1.5b. Eaten up by sales & marketing (750m), general and admin (660m), and research and development at a cool quarter bil. all annual numbers
I’d stick it in high yielding stable coins. You can get ~8% on USDC at a number of exchanges, BlockFi, Celsius, Crypto.com, Gemini. If you are willing to accept a little more risk, you can get ~20% on UST at Anchor protocol. Then wait for a real correction. GBTC also selling at a ~25% discount to spot BTC, when BTC ETF approval happens you’ll have an easy profit, but that could be a couple years. You’re also exposed to BTC.
Paid my house off in December and started to max 401k pretax to lower income last fall. Also maxing Roths but need to do catch-ups this spring for 2021 so if there’s a good time for a drop it’s this spring.
Yes. Wasted money on trying to have their own apparel line. Bought superior elliptical maker Precor, oh and still have retail store locations and little if any live West Coast content.
Definitely, but not so good news for some put credit spreads I currently have open. Getting too close for comfort.
I’ll be leaving my hospital this summer to start fellowship. I have a 403b right now. I started a Roth IRA using Wealthfront last spring. I should roll that 403b account over right?
Feeling pretty good that I withdrew a shitload from my kid's Vanguard Index500 ESA on 12/27 to pay for spring semester
timing is dumb i just had unexpected expenses and didn't sideline the money properly to do it then myself
This tech selloff is getting a little bit ridiculous. My company went public (via SPAC) 7 months ago. It's a solid, profitable company with no negative news in that time. The stock is now worth 30% of what it was 7 months. Did someone forget to tell me of any Great Depressions?
Bought a $450 NFLX put at 3:59pm yesterday at $4.75, the contract opened at $51.65 this AM. Wish I bought more…
I think what you’re seeing is a lot of momentum based swings in the market. Having no idea of your company and the business model, if you think about SPACs as a whole, they have been fairly speculative since they have gained the mainstream popularity they have over the past 2 years. Regardless of the fundamentals of your business, investor sentiment on tech companies that went public via SPAC acquisitions have gone sour for the time being. It’s also fair to say the market itself has been overvalued for quite some time now. After times of bull markets, mid, small and micro cap growth stocks get hit the hardest historically. Someone smarter or more well versed than me may have a better answer.
I transferred funds last night to finish my HSA for 2022, and also put more towards Roth IRA for 2022. Currently have them set up buy more of FXAIX, and SWLGX, respectively, at the end of the day. Now I'm wondering if I should cancel the orders for today and let it ride. I know none of us can predict when this will bottom out.
What would you do with low-six figure cash for maximum value with a three month horizon and a maximum ~15% downside risk? My first inclination: Spoiler 200 $SPY and sell two 90-day calls
Actually another answer would be I would look into those government I-Bonds someone posted a few pages back, yielded like 7% with 2 inflation adjustments a year. I think it’s only up to 10k though.
That’s what happens when peoples portfolios are alt coins and unprofitable tech. Now they’ll probably pile it into Apple thinking it’s a safe haven even though Apple is over priced and forward returns look terrible.
Unprofitable tech company stocks paid for my house down payment and a new car in the last 6-16 months. But the last six months hasn't been as fun. I also work for one of those companies where it was a great run for a couple years and now back to reality from a stock perspective.
Got some solid tax-loss harvesting done today from my Christmas bonus that went straight into my taxable account. So that’s nice.
God speed, to be fair I hope everyone makes money and those things work in certain environments, but the environment has changed.
Don’t invest in mutual funds imo. Do ETFs instead because they accomplish the same goal for a lot cheaper.
Mutual funds are managed and take a fee. Look at full-market ETFs with lower fees SPY is 0.0945% VOO is 0.03%