Official Investing Thread

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

  1. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsChelseaAtlanta United

    Holy shit they’re not even close, lost $376M on $805M in revenue. That’s spectacular
     
  2. ohhaithur

    ohhaithur e-Batman
    Donor

    They just announced a huge price drop and then almost immediately announced delivery fees that exceed the price drop

    Great business minds
     
    IV, FelipeG and Doc Louis like this.
  3. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
    Staff Donor TMB OG
    Kansas JayhawksKansas City RoyalsKansas City ChiefsNewcastle UnitedBig 8 ConferenceFormula 1

    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, :shocker:, but I’m curious.
     
  4. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    2% drop during the trading session. How original.
     
  5. letan

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

    was having a nice day until the last hour
     
    shawnoc and Sportfan like this.
  6. honestlee

    honestlee Well-Known Member

    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.
     
  7. Jake Scott

    Jake Scott Well-Known Member
    Staff Donor
    Jacksonville Jaguars

    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?
     
  8. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    upload_2022-1-20_14-46-10.jpeg
     
  9. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Donald Trump NFTs and Dogecoin
     
  10. Jake Scott

    Jake Scott Well-Known Member
    Staff Donor
    Jacksonville Jaguars

     
    slogan119, Tug, bcuga and 5 others like this.
  11. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Painful afternoon.
     
    letan and Sportfan like this.
  12. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelseaFormula 1

    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
     
  13. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Buying opportunities!
     
    Jake Scott likes this.
  14. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    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.

    :twocents:
     
    Jake Scott likes this.
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    definitely time to get my backdoor roths done for the year
     
  16. Jake Scott

    Jake Scott Well-Known Member
    Staff Donor
    Jacksonville Jaguars

    This is where I am. I am ready to buy and not trying to time but trying to time it.
     
    jcb-r and Bo Pelinis like this.
  17. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    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.
     
    jcb-r likes this.
  18. Doc Louis

    Doc Louis Well-Known Member
    Donor

    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.
     
  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    psyche i put that money into taxable instead and will do roth later
     
    Tug likes this.
  20. Struggler

    Struggler Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

    Why did NFLX fall so much?
     
  21. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Lower projected net subscriber growth for Q1 2022 than anticipated.
     
    Struggler likes this.
  22. jcb-r

    jcb-r Well-Known Member
    Donor
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Definitely, but not so good news for some put credit spreads I currently have open. Getting too close for comfort.
     
    Bo Pelinis likes this.
  23. FelipeG

    FelipeG Well-Known Member

    Quite a drop.
    20% $100 extended hours
     
  24. skeezy

    skeezy what is this? meowschwitz?
    Donor TMB OG
    AvengersFormula 1

    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?
     
  25. The Milkman

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

    bc every tech stock is being re-rated with rate increases
     
  26. Speirs

    Speirs Of Topmost Class
    Florida Gators

    Maxed out our roth’s on January 3rd. :tebow::ohdear:
     
    brolift likes this.
  27. AptosDuck

    AptosDuck Pedantic Hausfrau
    Donor
    California Golden Bears

    Feeling pretty good that I withdrew a shitload from my kid's Vanguard Index500 ESA on 12/27 to pay for spring semester
     
  28. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    timing is dumb i just had unexpected expenses and didn't sideline the money properly to do it then myself
     
    Speirs likes this.
  29. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Cathy wood also dumped some.
     
    Struggler likes this.
  30. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    feels like yesterday everybody was trying to get into ARKK
     
  31. brolift

    brolift 2sweet
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    How low can it go before she has to close up shop?
     
    Sportfan likes this.
  32. Ralph

    Ralph Well-Known Member
    Donor

    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?
     
    letan and Sportfan like this.
  33. Paddy Murphy

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

    upload_2022-1-21_10-30-5.gif
     
  34. ScFan27

    ScFan27 Well-Known Member
    South Carolina GamecocksNew York YankeesNew York JetsNew York Rangers

    Bought a $450 NFLX put at 3:59pm yesterday at $4.75, the contract opened at $51.65 this AM. Wish I bought more…
     
    letan, jcb-r, NothingIsOT and 4 others like this.
  35. gordon bombay

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

    I added SQ, SE, CRWD and RBLX today
     
  36. ScFan27

    ScFan27 Well-Known Member
    South Carolina GamecocksNew York YankeesNew York JetsNew York Rangers

    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.
     
    Ralph likes this.
  37. Seavie

    Seavie Loading tweet...
    Donor TMB OG
    Alabama Crimson Tide

    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.
     
  38. ohhaithur

    ohhaithur e-Batman
    Donor

    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:

    200 $SPY and sell two 90-day calls
     
    gordon bombay likes this.
  39. Arliden

    Arliden Well-Known Member
    Donor

    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.
     
  40. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor



    retail convincing themselves they can win, so dumb
     
    Hatfield likes this.
  41. Arliden

    Arliden Well-Known Member
    Donor

    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.
     
  42. rcragg82

    rcragg82 Well-Known Member
    Donor

    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.
     
    Sportfan, Ralph, construxboy and 2 others like this.
  43. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    Got some solid tax-loss harvesting done today from my Christmas bonus that went straight into my taxable account. So that’s nice.
     
  44. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    This is me
     
  45. Arliden

    Arliden Well-Known Member
    Donor

    God speed, to be fair I hope everyone makes money and those things work in certain environments, but the environment has changed.
     
    Tug likes this.
  46. Shawn Hunter

    Shawn Hunter Vote Corey Matthews for Congress
    Donor
    Kentucky WildcatsBoston CelticsNew England PatriotsUniversity of LynchburgAEW

    What's a good mutual fund to invest in for my Roth IRA?
     
  47. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Don’t invest in mutual funds imo. Do ETFs instead because they accomplish the same goal for a lot cheaper.
     
    FelipeG, ohhaithur and ScFan27 like this.
  48. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    VTSAX/VTI
     
  49. Shawn Hunter

    Shawn Hunter Vote Corey Matthews for Congress
    Donor
    Kentucky WildcatsBoston CelticsNew England PatriotsUniversity of LynchburgAEW

    Cheaper how?
     
  50. ohhaithur

    ohhaithur e-Batman
    Donor

    Mutual funds are managed and take a fee. Look at full-market ETFs with lower fees

    SPY is 0.0945%
    VOO is 0.03%
     
    Bo Pelinis likes this.