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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
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Old 06-20-2018, 08:01 PM   #2011
Hammock Parties Hammock Parties is offline
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Originally Posted by Hog's Gone Fishin View Post
What price did you get it at ? 44.20 ?
I set a limit order for 41.50.

It was around that this morning.
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Old 06-20-2018, 08:12 PM   #2012
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Hammock Parties View Post
I set a limit order for 41.50.

It was around that this morning.
Well, Yahoo finance has a price target of 153 for the stock. If thats legit you'll make your money.
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Old 06-20-2018, 08:21 PM   #2013
Hammock Parties Hammock Parties is offline
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Originally Posted by Hog's Gone Fishin View Post
Well, Yahoo finance has a price target of 153 for the stock. If thats legit you'll make your money.


It would be ****ing hilarious if I fell ass over teakettle into $60,000.

I'd quit the ****ing postal slavers, take a year off and go back to school.
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Old 06-20-2018, 10:10 PM   #2014
Buehler445 Buehler445 is offline
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It would be ****ing hilarious if I fell ass over teakettle into $60,000.

I'd quit the ****ing postal slavers, take a year off and go back to school.
60 Grand will make you tell your employer to **** off? Especially one that offers a pension? Really? You need to re-evaluate your life.
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Old 06-20-2018, 10:28 PM   #2015
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60 Grand will make you tell your employer to **** off? Especially one that offers a pension? Really? You need to re-evaluate your life.
It was never my plan to work for the post office for the next 20 years. It's just a temporary job.

I have a plan but first I have to get out from under this stupid $1500/mo lease. So that requires sucking some dick at the USPS for a year or so.

Banking 60k out of nowhere would allow me to take a year off from working full time to get some schooling.
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Old 06-20-2018, 10:36 PM   #2016
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It was never my plan to work for the post office for the next 20 years. It's just a temporary job.

I have a plan but first I have to get out from under this stupid $1500/mo lease. So that requires sucking some dick at the USPS for a year or so.

Banking 60k out of nowhere would allow me to take a year off from working full time to get some schooling.
If you're trying to go to school and fall asshole over elbows into 60 large, bank the 60 large, keep your job and go to school.
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Old 06-21-2018, 05:56 AM   #2017
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I envy you guys that play in individual stocks. I’ve just never had a huge interest in it. Moreover, I just suck at it. I’ve been better at betting on myself (my business) vs betting with stocks in the market.
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Old 06-21-2018, 06:57 AM   #2018
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If you're trying to go to school and fall asshole over elbows into 60 large, bank the 60 large, keep your job and go to school.
You can’t go to school and work 55 hours a week.
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Old 06-21-2018, 07:43 AM   #2019
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You can’t go to school and work 55 hours a week.
You get 55 hours a week at the post office?
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Old 06-21-2018, 07:47 AM   #2020
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Why bother with stocks just go all in on super high call options. If you're going to gamble on stocks you may as well either come out broke or a millionaire.
Because you tend to lose economic value on long OTM calls.
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Old 06-21-2018, 08:29 AM   #2021
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I envy you guys that play in individual stocks. I’ve just never had a huge interest in it. Moreover, I just suck at it. I’ve been better at betting on myself (my business) vs betting with stocks in the market.
While I can see why it might be interesting, I'm pretty skeptical that many around here will beat the market in the long run.
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Old 06-21-2018, 08:53 AM   #2022
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I’m only able to put roughly $2,800 in my Roth IRA for my yearly contribution. Would my dividend returns from my stocks in my Roth technically count as money towards that $5,500?
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Old 06-21-2018, 09:11 AM   #2023
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I’m only able to put roughly $2,800 in my Roth IRA for my yearly contribution. Would my dividend returns from my stocks in my Roth technically count as money towards that $5,500?
Nope. The only thing that counts toward the cap are contributions made from outside the account.
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Old 06-21-2018, 09:12 AM   #2024
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I’m only able to put roughly $2,800 in my Roth IRA for my yearly contribution. Would my dividend returns from my stocks in my Roth technically count as money towards that $5,500?
Nope. Only money YOU put in.
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wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.wutamess has just been standing around suckin' on a big ol' chili dog.
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Old 06-21-2018, 09:31 AM   #2025
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I’m only able to put roughly $2,800 in my Roth IRA for my yearly contribution. Would my dividend returns from my stocks in my Roth technically count as money towards that $5,500?
No.

I agree with Nightfyre. If I wanna take a YOLO shot on a single company I'm doing it with an option not throwing 100% of my money in the stock. I'm not saying either are great ideas but with an option you've only put the premium at risk instead of your entire account. Plus you get leverage in case it works out.

Supreme court overturned the ruling that protected online retailers from collecting tax. Pretty big deal. Is there even any sort of cloud tax service that a retailer making 200k in sales a year could use to continue their business? I'd imagine Amazon and Shopify could provide this for 3rd party merchants?

edit: way late on the no. Started typing this and pesky work got in the way!
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