Official Investing Thread

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

  1. user15000

    user15000 Well-Known Member

    Why would you ignore the market cycle? Covid 2020 gives you a plain as day "bottom" for all asset classes during global panic. Go back with perfect hindsight. What asset class would you buy? And if you think central banks are eventually going to have to pivot back to looser monetary policy (b/c duh and lol at hiking much above what they're at now without breaking global financial markets), then what asset would you buy?

    Or just realize that the 200 WMA of btc is up and to the right and dollar cost averaging into an asset that performs orders of magnitude better than damn near any other asset class during loose monetary policy is a pretty simple thesis.
     
  2. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    austerity debt hawk billionaires hmm this seems familiar
     
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  3. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    And the debt solutions magically never involve raising taxes
     
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  4. dukebuckeye

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

    Just don’t run out of cash.
     
  5. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

  6. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    $100 left over on TD to throw at a penny stock or something stupid, what do you do?
     
  7. Aaron Hernandez

    Aaron Hernandez LikeMyPostCampaign: https://bit.ly/2kKJpot
    Donor
    Liberty Flames

    I’m still in on Gevo. Planning on building sustainable aviation fuel plants that will start up in 2025.
     
  8. The Milkman

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

    I was black on the year until last week. We’re paying reparations for our sins in 2020/2021
     
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  9. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Being black in 2022 angers me
     
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  10. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I don't know if I've spent a day of 2022 in the black.
     
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  11. soulfly

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

    I should’ve dumped more into SGML :facepalm:

    Quite literally the only company I went deep diving on, and it’s up like 220%
     
  12. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    You told me about them in June and I saw it was already up a lot and that scared me.

    well damn, 16 -> 26 since June 28th:

    upload_2022-9-29_0-19-45.png
     
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  13. TAXTAXTAX

    TAXTAXTAX Well-Known Member
    Donor
    Florida State Seminoles

    Social Security has a $3 trillion surplus. Claiming that its the cause of government insolvency is the opposite of, "it's just math."
     
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  14. user15000

    user15000 Well-Known Member

    Who claimed ss is the cause of insolvency?
     
  15. TAXTAXTAX

    TAXTAXTAX Well-Known Member
    Donor
    Florida State Seminoles

     
  16. user15000

    user15000 Well-Known Member

    Lol at boiling his thesis down to entitlements. I hear a lot of talk about interest expenses on debt and fiscal dominance.
     
  17. Seavie

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

    Question for those who are accumulating cash. Where are you keeping it? High yield savings? Money market fund such as SWVXX?
     
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  18. Frankie Carbone

    Frankie Carbone eh che se dice
    Florida State SeminolesNew York YankeesNew York KnicksTampa Bay BuccaneersOrlando CityLazio

    HYSA for me, especially with rates being near 3%
     
  19. not sure i could possibly be in a worse mood right now.

    about 18 months ago i invested in a 5 acre lot in the seattle area. it went under contract earlier this year and the people pulled out in april. we went back to market in may, got a better offer, got an update on 9/15 that they were set to close on 8/15. and i guess they called on monday and wanted to extend closing FOR A YEAR.

    was set for a 18x return. now it's probably dead until 2024.

    the fed is just killing everyone and everything right now.
     
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  20. Paddy Murphy

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

    Real estate is in hibernation my friend. Capital markets are non existent for new deals.
     
  21. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    Eh, closing on a deal next Friday. Got it for under market although maybe it will be for over market after the recession, lol.
     
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  22. Fourth deal with a projected exit this year and 0 have closed. Redi’d one last month and got a whopping $8k back. If they all had closed at even like 80% of what was projected it would’ve been 7 figures. At least I won’t have an enormous tax bill next year but fuck my life
     
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  23. dukebuckeye

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

    Thoughts & Prayers, GK!
     
  24. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    trying to hold off buying this dip. would rather buy in january in my roth
     
    Sportfan likes this.
  25. Sportfan

    Sportfan From Six to Dumptime

    I’m hoarding cash and finally gonna look at buying a place in early 2023.
     
  26. Paddy Murphy

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

    We are going to end up closing one deal after February of this year when we probably do 6-8 per year usually. And even that might be on the ropes with the debt markets where they are. And I don’t think much is changing until late Q1 at the earliest. Hibernation.
     
    Gallant Knight likes this.
  27. I think Q1 might be optimistic

    sounds like another 1.25% in hikes by end of January.

    feds doing a great job of not fixing inflation and killing the economy. Good job
     
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  28. soulfly

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

    Gonna have to ship one of them horses off to the glue factory to make ends meet.
     
  29. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersGrateful DeadMississippi Rebels

    What kind of deals are you talking about?

    And can I invest in vacant lots that 18x in 18 months?
     
  30. Thought we got really lucky on that deal. It will prob still sell somewhere around that multiple, but not for another 12-24 months. On the bright side, the group that backed out for all of the entitlements and zoning issues ironed out, so the next dd should be easier

    if you do want to get in some private equity real estate deals and qualify as an accredited investor, PM me and I can get you in touch with the group I’ve invested with.
     
    Oranjello likes this.
  31. Whammy

    Whammy FAHR GOLDING
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Vanguard money market
     
  32. Whammy

    Whammy FAHR GOLDING
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Hedgeye not explicitly stating but implying their bull case is 2950 for S&P reeeee
     
  33. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

  34. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersGrateful DeadMississippi Rebels

    Will they pay me an 8%+ pref even if they're not closing deals?
     
  35. We’re getting 10%/yr pref
     
  36. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersGrateful DeadMississippi Rebels

    But does the pref accrue as of the date of making a capital contribution, or does it only begin to accrue upon deployment of my capital contribution? My question was mostly in jest looking for a place to park cash and earn 8-15% in a down market.
     
  37. Starts from date of close

    it’s a deal by deal thing
     
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  38. Frankie Carbone

    Frankie Carbone eh che se dice
    Florida State SeminolesNew York YankeesNew York KnicksTampa Bay BuccaneersOrlando CityLazio

    Can only buy a limited amount though
     
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  39. southside

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

    Keep in mind they'll miss the bottom for you though. They're late on the turn every time.
     
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  40. brolift

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

    isn't the playbook: fed pivots then the bottom comes in a lil bit after?
     
  41. southside

    southside Well-Known Member
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    No, and I think not having long exposure during that lead time will be particularly risky this time with a more violent move up….96th percentile for worst liquidity conditions in global history can create some unseen reflexivity
     
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  42. dukebuckeye

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

    My co-worker just told me, "you need to stop investing. we're getting crushed in this market"

    What a shortsighted view.
     
  43. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    It's like, people know you're supposed to buy low and sell high but then they're too paralyzed with fear to buy when things are low because that's when shit is scary. Human psychology is wild.
     
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  44. 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

    Yeah totally. Only buy when the market is soaring.
     
  45. Bo Pelinis

    Bo Pelinis I've seen shit that'll turn you white!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I'm just happy I've been retirement investing once a month and not all at once so I can dca on a lot of the stuff over the course of the year.
     
  46. brolift

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

    APMEX launching a rewards card. Metals going to 0 now
     
  47. C A N E

    C A N E Let justice be done though the heavens fall
    Donor
    Miami HurricanesMiami Heat

    Can we somehow make the fed shut the fuck up
     
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  48. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    How much earnest money does the buyer stand to lose? I'd work a deal that requires a large option premium and grant them a 1 year option to buy.
     
  49. jcb-r

    jcb-r Back and better than ever
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