Investing General Discussion

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Hateyou

Hateyou

Not Great, Not Terrible
<Bronze Donator>
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Imagine what the actual loss was if they’re reporting $81b
 
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Jysin

Jysin

Ahn'Qiraj Raider
6,457
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Fuckity fuck fuck. Bought VZ calls yesterday, went to trim some at 40%, dumped the whole thing. Its now >80%.
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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AMZN, AAPL, MSFT, GOOG/GOOGL, META, TSLA all selling off. Looks like some of that NASDAQ rebalance action in progress.
 
Jysin

Jysin

Ahn'Qiraj Raider
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Sanrith Descartes said:
AMZN, AAPL, MSFT, GOOG/GOOGL, META, TSLA all selling off. Looks like some of that NASDAQ rebalance action in progress.
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And IWM up strong. Still a market rotational force in play.

*Edit* I should note, bank earnings are massively helping this. SCHW up 12% today
 
Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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Sanrith Descartes said:
Moved back into UNH with a starter position at $449.75. Its down 13% due to elective surgeries finally catching up from Covid cancellations. Currently sitting at the support level of $449. Quality company with great balance sheet. This entry could be high if support fails and if so I will look to add in later.
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+11% so far
 
Gravel

Gravel

Mr. Poopybutthole
39,391
129,527
Rapidly approaching the high from March of 2022, and that's the last stop until a new ATH.

Definitely didn't expect it to just be a straight run up like it has been.
 
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sleevedraw

sleevedraw

Revolver Ocelot
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Sanrith Descartes said:
If you don't mind me asking, why does it have to be a physical branch? If you are just looking for a decent return you can use Amex, Sofi, Goldman etc for online and get 4+% in a savings account and then link it to your physical branch bank and account and insta move money across. The only disadvantage is I think the savings accounts have a 6 withdrawal a month limit by law.
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This previously was a thing, but the Fed issued new guidance a couple of years back and made this up to individual bank discretion.
 
Sanrith Descartes

Sanrith Descartes

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sleevedraw said:
This previously was a thing, but the Fed issued new guidance a couple of years back and made this up to individual bank discretion.
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I thought it was still law, like 6 withdraws a month max for a savings account. I had no idea it got rescinded.
 
Gravel

Gravel

Mr. Poopybutthole
39,391
129,527
Sanrith Descartes said:
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Stuff like that makes me feel a lot more like a "have" than a "have not." Shit, even just owning a house makes me feel like I'm rich suddenly.

Despite being retired for almost two years now and not turning 40 til next year, we still live a very modest lifestyle. Psychology around money is weird.
 
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Gravel

Gravel

Mr. Poopybutthole
39,391
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Mist said:
That should cause home prices to come down, if less people are qualifying for large mortgages. Supply of mortgage dollars is lower = lower potential prices.
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Someone posted it the other day (probably in the homes thread), but the interest rate hikes are also limiting supply massively. People don't want to sell because they're going to take a massive hit going from a 3% rate to 7%. Supply that can't meet demand is outpacing people who can qualify for loans, so prices are still going up.
 
Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
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Mist said:
That should cause home prices to come down, if less people are qualifying for large mortgages. Supply of mortgage dollars is lower = lower potential prices.
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People are gobbling them up still.

Oldest listing on zillow in my area for a move in ready single family home is 14 days.
 
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