Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
ShakyJake
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Mist
REEEEeyore
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Regression to the mean is the most powerful force in the universe.Sure, nobody said anything about forever.
Its all good fun shit talking bulls vs bears but one side has had more wins than the other this year...
I'm happy for yall, everybody's gotta eat
karma
Molten Core Raider
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You can, but you have to go into the website (unless there has been an update on ToS) reasonably soon (2 or 3 days?) I think-I usually do it the next morning and assign the sale to the puchase. I *THINK* the process was "My Account>Cost Basis> Unsettled/Closed positions tab. Then you can click on the green arrow and somewhere in there you can choose to assign to the puchase. Sorry I cannot be more specific, I dont have any unsettled positions to try it with so I can get you the exact process.
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Sanrith Descartes
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Shareholders are expressing concerns he is spending too much time and energy on Twitter. He should have seen this coming. He needs to name a CEO for Twitter to calm TSLA investors.
Also rumors (who knows if true) of Shanghai giga factory shutting down the MY line the last week of the year due to inventory bloat.
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Sanrith Descartes
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Sanrith Descartes
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Gravel
Mr. Poopybutthole
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Like I said last week, it's VTSAX with Vanguard, and not the ETF version. So it settles out at the end of trading. Like yesterday I waited until about 15 min before close to sell.I'm gonna thoughts and prayersGravel now before he comes and posts that he didn't sell anything at the open today and was looking to sell later in the "Santa Rally".
I wouldn't be doing anything today until after the FOMC.
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FYI Assuming you mean you actually hold them in a Vanguard account you can call them and get them converted to VTI without a tax hit.
Sanrith Descartes
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Ranak
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I also bought some more at about $161. Will probably regret it, oh well.
Sanrith Descartes
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What I feel I am seeing is that the big ICE automakers are finding out that building EVs isn't "just like building ICE cars". TSLA has the competitive advantage in battery tech, range, and generally the entire EV ecosphere. They have gotten the manufacturing system down and their upfront costs to automate and eliminate lots of union humans is one reason they run 35%+ production margins. That is 3-4x the legacy ICE companies' margins. Im not saying TSLA wont get caught, but I am saying that TSLA ain't getting caught in 2023.
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Borzak
Bronze Baron of the Realm
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Oil could go up now. Got the first payment on one of 3 leases today. 20% per barrel on Louisiana Light.
Also I assume people do this or companies would stop offering it. Get contacts often to buy out my lease for X amount. I guess people want the money in their pocket today and not a larger amount down the road and possibly again and again. If you sell instead of lease that's it, gone forever.
Also I assume people do this or companies would stop offering it. Get contacts often to buy out my lease for X amount. I guess people want the money in their pocket today and not a larger amount down the road and possibly again and again. If you sell instead of lease that's it, gone forever.
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Sanrith Descartes
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OU Ariakas
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Why even have your own fucking stock at that point.
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TheBeagle
JunkiesNetwork Donor
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I can't imagine someone selling off their family's oil lease. That's actual generational wealth that ensures yourself, your children after you, and your grandchildren after them have a guaranteed income. If you grow up in western Oklahoma or west Texas you know that pretty much 100% of the cattle ranchers and cotton farmers are just doing something with their lease money and free time. The old school guys would always drive a beat up old truck, wear dirty overalls to the coffee shop every morning, and have about $8 million sitting in the local bank.
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Sanrith Descartes
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This is sort of the backdrop of the movie "Hell or High Water"
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